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Search results for: trade

Another new bank gets licence

Another new bank gets licence

FE REPORT 2020-02-24 16:20:06

The number of scheduled banks reached 60 as the central bank issued licence to Bengal Commercial Bank Ltd on Sunday. "We've issued licence to Bengal Commercial Bank in line with the decision taken by...

Govt to start negotiation soon to retain trade benefits

Govt to start negotiation soon to retain trade benefits

FE REPORT 2020-02-24 16:05:57

Bangladesh would soon start negotiation in the World Trade Organisation (WTO) to retain the existing trade preferences in major exporting countries after the country's graduation from least developed...

EBL, Singapore’s Parkway Hospitals sign deal

EBL, Singapore’s Parkway Hospitals sign deal

FE Online Desk 2020-02-24 15:08:47

Eastern Bank Ltd (EBL) cardholders can now enjoy special privileges on healthcare services at all the hospitals in Singapore under Parkway Pantai Group, namely Mount Elizabeth Hospital, Mount Elizabet...

Oil prices slide on demand concerns as virus spreads globally

Oil prices slide on demand concerns as virus spreads globally

REUTERS 2020-02-24 14:21:53

Oil prices tumbled more than 2.0 per cent on Monday, as the rapid spread of a coronavirus in several countries outside China left investors fretting about a hit to demand. Global shares also extended...

PWD Annual Conference 2020 kicks off in city

PWD Annual Conference 2020 kicks off in city

FE ONLINE DESK 2020-02-24 12:07:06

State minister for housing and public works Sharif Ahmed inaugurated the two-day long PWD (public works department) Annual Conference 2020 at Purta Bhaban in Dhaka city's Segunbagicha on Sunday. In h...

GP gets three more months to pay remaining Tk 10b to BTRC

GP gets three more months to pay remaining Tk 10b to BTRC

-- 2020-02-24 10:28:23

The Supreme Court has granted Grameenphone three more months to pay the remaining Tk 10 billion to the Bangladesh Telecommunication Regulatory Commission (BTRC) over an audit dispute. The court has r...

Poultry negotiates the thorny growth path

Poultry negotiates the thorny growth path

SAJIBUR RAHMAN 2020-02-24 10:21:49

After a decade of continuous growth, the poultry sector that meets 36 per cent of the human protein intake in the country is facing multifarious challenges. Sector insiders say the minnows in the bus...

RHD feels virus's heat in projects

RHD feels virus's heat in projects

Munima Sultana 2020-02-24 10:10:56

The Roads and Highways Department (RHD) has started to feel the heat of coronavirus in implementing some projects due to Chinese nationals' failure to meet the target. Official sources at multiple Ch...

Uniform regulation for all MFS providers underlined

Uniform regulation for all MFS providers underlined

FE REPORT 2020-02-24 10:03:40

Experts at a roundtable on Sunday said a single regulation is required for the digital financial service (DFS) or mobile financial service (MFS) to help the sector grow efficiently on a level playing...

Bangladesh still risks losing EU GSP benefits

Bangladesh still risks losing EU GSP benefits

MONIRA MUNNI 2020-02-24 10:02:01

Bangladesh is still at risk of losing the European Union's GSP as the latter has again warned about its readiness to launch the procedure for withdrawal of preferences in case of failure to produce su...

GP pays Tk 10b to BTRC

GP pays Tk 10b to BTRC

-- 2020-02-23 17:56:35

Grameenphone (GP) on Sunday deposited Tk 10.00 billion to Bangladesh Telecommunication Regulatory Commission (BTRC) in compliance with the Supreme Court order. “It’s a disputable audit an...

UK to press for Canada-style trade deal with EU

UK to press for Canada-style trade deal with EU

REUTERS 2020-02-23 14:54:59

Britain will underline its desire for a Canada-style trade deal with the EU when formal talks start next month, prime minister Boris Johnson’s Downing Street office said on Saturday. Ministers...

‘Padma Click’ launched

‘Padma Click’ launched

FE Online Desk 2020-02-23 13:57:28

Padma Bank Limited recently launched mobile phone App ‘Padma Click’ to open a bank account in just one minute. The bank took the intiative to strengthen the financial inclusion and...

43,128 motorcycles registered in Jan

43,128 motorcycles registered in Jan

FE Online Report 2020-02-23 13:55:12

A total of 43,128 motorcycles were registered in January 2020 across the country, official data showed. Of the motorcycles, 8,903 were registered in Dhaka alone during the period, according to Bangla...

Daraz Village brings e-commerce services in rural areas

Daraz Village brings e-commerce services in rural areas

FE Online Desk 2020-02-23 12:27:55

Country’s largest online marketplace Daraz Bangladesh Limited (daraz.com.bd) has come up with a new initiative to provide its e-commerce services to the people living in the remote areas of the...

Some Thai Air flights on hold until March for virus outbreak

Some Thai Air flights on hold until March for virus outbreak

KAMRUN NAHAR 2020-02-23 11:01:14

Thai Airways has cancelled some flights to Dhaka and other seven destinations until March as coronavirus outbreak has hit hard the global aviation industry. Flight adjustments this month and most of...

Falling oil prices prove to be a boon to BPC

Falling oil prices prove to be a boon to BPC

M AZIZUR RAHMAN 2020-02-23 10:49:41

The spread of the coronavirus in and outside of China and subsequent fall in oil prices in international market turned to be a 'boon' to Bangladesh Petroleum Corporation (BPC). The BPC, which was inc...

Returnee migrant workers: Reintegration support pilot project by March

Returnee migrant workers: Reintegration support pilot project by March

ARAFAT ARA 2020-02-23 10:35:38

The government is set to launch a pilot project on economic reintegration support for returnee migrant workers by this March aiming to help them get involved with income generating activities, officia...

Over 50,000 motorised vehicles registered in Jan

Over 50,000 motorised vehicles registered in Jan

FE Online Report 2020-02-22 19:21:20

The number of registered motorised vehicles in the country stood at 51,669 in January 2020 as per official data. Of the total, 12,868 motorised vehicles were registered in Dhaka, according to Banglad...

Trade with China likely to become normal from Monday: FBCCI

Trade with China likely to become normal from Monday: FBCCI

-- 2020-02-22 18:37:00

President of the Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) Sheikh Fazle Fahim on Saturday hoped that trade with China will become normal from Monday, reports UNB.  "We...

Coronavirus outbreak to cost global airlines almost $30bn

Coronavirus outbreak to cost global airlines almost $30bn

BBC NEWS 2020-02-22 12:48:36

Airlines stand to lose $29.3 billion (£23.7 billion) of revenue this year due to the coronavirus outbreak, the global airline industry body has warned. The International Air Transport Associati...

EBay in discussions with multiple parties for sale of classified business

EBay in discussions with multiple parties for sale of classified business

-- 2020-02-22 12:46:48

EBay Inc is in discussions with multiple candidates regarding a potential transaction for its classified-ads business, the company said on Friday. The company expects to provide an update regarding t...

EBL BGCC Amateur Golf Championship in Chattogram

EBL BGCC Amateur Golf Championship in Chattogram

FE Online Desk 2020-02-22 12:13:05

A golf tournament for amateur golfers began at Bhatiary Golf and Country Club (BGCC) in Chattogram on Friday. Nearly 200 women and men golfers are competing for championship in different categories....

US, India at odds over trade as Trump heads for encounter with Modi

US, India at odds over trade as Trump heads for encounter with Modi

REUTERS 2020-02-22 11:18:32

Trump administration officials on Friday acknowledged that US president Donald Trump’s visit to India next week will not result in even a limited trade deal, saying they still have major concern...

Grameenphone to pay BTRC Tk 10b on Sunday

Grameenphone to pay BTRC Tk 10b on Sunday

-- 2020-02-21 21:18:31

Grameenphone has said it will deposit Tk 10 billion to the Bangladesh Telecommunication Regulatory Commission on Sunday following a Supreme Court order on a Tk 125.8 billion audit dispute, reports bdn...

Coronavirus scare may erase $29b from global airlines’ revenue, says IATA

Coronavirus scare may erase $29b from global airlines’ revenue, says IATA

-- 2020-02-21 18:59:46

The outbreak of the new virus threatens to erase $29 billion of this year’s revenue for global airlines, mostly for Chinese carriers, as travel crashes worldwide, according to the International...

Tesla resumes tree cutting in Germany to build Gigafactory

Tesla resumes tree cutting in Germany to build Gigafactory

-- 2020-02-21 18:49:23

Tesla Inc said it had resumed tree cutting in Gruenheide, Germany so it can construct its first European car and battery factory following moves by environmentalists to stop local deforestation, accor...

China’s chicken chain comes unstuck amid chaos of virus measures

China’s chicken chain comes unstuck amid chaos of virus measures

-- 2020-02-21 18:43:07

China’s chicken farmers had been looking forward to a bumper year, according to Reuters. But an unprecedented lockdown on people and goods to curb the coronavirus outbreak has disrupted the sho...

Canada passenger rail company lays off 1,000 staff

Canada passenger rail company lays off 1,000 staff

Reuters 2020-02-20 15:17:32

Canada’s passenger rail company on Wednesday said blockades by demonstrators had forced it to temporarily lay off 1,000 employees, adding to pressure on Prime Minister Justin Trudeau to solve a...

SC orders GP to pay Tk 10 billion to BTRC by Monday

SC orders GP to pay Tk 10 billion to BTRC by Monday

FE ONLINE REPORT 2020-02-20 14:00:00

The Appellate Division of the Supreme Court on Thursday ordered the Grameenphone (GP) to pay Tk 10 billion by Monday (February 24) out of an audit claim of Tk 125.79 billion made by Bangladesh Telecom...