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Search results for: trade

BB to release new notes from Thursday

BB to release new notes from Thursday

-- 2019-07-29 20:29:37

The Bangladesh Bank (BB) is going to release new notes of Taka 10, 20, 50 and 100 denominations from Thursday ahead of the holy Eid-ul-Azha. The new notes will be distributed from all branches of Ban...

BFIDC to set up factory in Ctg to export furniture

BFIDC to set up factory in Ctg to export furniture

Talha Bin Habib 2019-07-29 16:57:05

A move is underway to set up a state-of-the-art export-oriented furniture factory in the country with Saudi investment, officials said. The factory will be set up at Kalurghat in Chattogram on a land...

Puro Food launches first outlet of Puro Pastry & Bakery

Puro Food launches first outlet of Puro Pastry & Bakery

FE Online Desk 2019-07-29 15:45:26

Puro Food Limited, a concern of Eon Group of Industries, has inaugurated the first outlet of its Puro Pastry & Bakery at the Golden Age Tower of Gulshan Avenue in Dhaka recently. Vice chairman...

Floods play havoc with Aman farming

Floods play havoc with Aman farming

Yasir Wardad 2019-07-29 10:38:14

Floodwaters have continued to recede across the country for the past three days, but inundation has yet dealt Aman farming a severe blow in 25 districts. Seedbed damage, delay in plantation and seedl...

BRTC circular bus service hits snag

BRTC circular bus service hits snag

Munima Sultana 2019-07-29 10:34:50

Within a short span of their launch in Dhaka city, short-distance circular bus services in Dhanmondi and Uttara neighbourhoods have turned into long-haul services for not wooing adequate passengers....

US, China move trade talks amid deal pessimism

US, China move trade talks amid deal pessimism

-- 2019-07-29 10:28:43

US and Chinese trade negotiators shift to Shanghai this week for their first in-person talks since a G20 truce last month, a change of scenery for two sides struggling to resolve deep differences on h...

NBR asks customs houses to speed up release of imports

NBR asks customs houses to speed up release of imports

FE Report 2019-07-29 10:26:24

The National Board of Revenue (NBR) has asked customs houses to speed up customs formalities and release of imported goods -- especially key essential commodities -- on priority basis to ensure smooth...

Technical glitch makes VAT registration uncertain

Technical glitch makes VAT registration uncertain

Doulot Akter Mala 2019-07-29 09:50:54

Businesses are facing difficulties to get registered with the VAT net after technical glitch in the server even as the July 31 deadline looms. A number of businessmen have complained to the VAT offic...

‘Target revenue difficult without infrastructural development of Benapole port’

‘Target revenue difficult without infrastructural development of Benapole port’

-- 2019-07-28 20:09:17

The authorities and businesses connected to Benapole port believe they will struggle to achieve their revenue target of Tk 60.28 billion for fiscal 2019-20 without developing its infrastructure as soo...

PepsiCo makes strategic investment in Chinese Natural Food company

PepsiCo makes strategic investment in Chinese Natural Food company

Global Times 2019-07-28 17:10:57

PepsiCo Inc has announced that it will invest approximately $131 million to acquire approximately 26 percent of the issued ordinary shares of China's Natural Food International Holding Limited. Natur...

1,253 tractors registered in H1

1,253 tractors registered in H1

FE Online Report 2019-07-28 16:44:39

The number of tractor registration in the country stood at 1,253 alone in January and June 2019, according to an official data. Of the total, 1,211 tractors were registered in Dhaka, according to Ban...

Walton unveils three new models of washing machine

Walton unveils three new models of washing machine

FE Online Desk 2019-07-28 15:36:50

Local electronics giant Walton has released three new models of automatic washing machine featuring eco-friendly, energy-efficient, and front loading system. The company unveiled the washing machines...

Prime Islami Life Insurance signs deal with EBS Group

Prime Islami Life Insurance signs deal with EBS Group

FE Online Desk 2019-07-28 15:18:13

Prime Islami Life Insurance Limited (PILIL) and EBS Group have recently signed a Memorandum of Understanding (MoU). Kazi Abul Manjur, Senior Executive Vice President and In-charge Administration of P...

India cuts tax rate on electric vehicles to boost uptake

India cuts tax rate on electric vehicles to boost uptake

-- 2019-07-28 15:10:34

India on Saturday slashed taxes on electric vehicles and chargers, as it looks to encourage the use of more environmentally friendly cars. The goods and services tax (GST) on electric vehicles and ch...

Don't mix digital taxes and wine tariffs, France urges Trump

Don't mix digital taxes and wine tariffs, France urges Trump

-- 2019-07-28 11:19:02

Finance Minister Bruno Le Maire said on Saturday that France would proceed with taxing revenues of big technology firms and urged the United States not to bring trade tariffs into the debate on how to...

BGMEA moves to form RSC to take over Accord operations

BGMEA moves to form RSC to take over Accord operations

Monira Munni 2019-07-28 10:57:24

BGMEA has started a move to set up a special purpose company namely 'RMG Sustainability Council (RSC)' aiming to take over Accord activities after the expiry of its tenure, sources said. The aim of...

Savers switch over to FDR from savings tools: BB

Savers switch over to FDR from savings tools: BB

FE Report 2019-07-28 10:22:43

The majority of savers prefer fixed deposit schemes of the banks to national savings schemes while making investment decisions. Only a few of them would be involved in business activities instead. T...

Bid on to manage extension of rental power plants’ tenure

Bid on to manage extension of rental power plants’ tenure

M Azizur Rahman 2019-07-28 10:05:08

Owners of many private oil-fired power plants, including the rental and quick rental ones, are lobbying hard with the government high-ups for extending the tenure of their plants. If granted, the ext...

China's potential unreliable entity list emerges

China's potential unreliable entity list emerges

Global Times 2019-07-27 19:50:16

A potential Chinese unreliable entity list has emerged. Foreign companies such as FedEx, Flex and HSBC are likely to be first included on the list for their behaviors jeopardizing the interests of Chi...

Over 1,800 microbuses registered in Jan-June: BRTA

Over 1,800 microbuses registered in Jan-June: BRTA

FE Online Report 2019-07-27 17:28:09

Microbus registration in the country stood at 1,850 in the first six months of the current calendar year, according to official data. Of them, 1,622 microbuses were registered in Dhaka alone, accordi...

Don’t harass businessmen during VAT collection: NBR chief

Don’t harass businessmen during VAT collection: NBR chief

-- 2019-07-27 16:50:38

National Board of Revenue (NBR) Chairman Mosharraf Hossain Bhuiyan on Saturday asked the officials of the board not to harass businessmen during the collection of Value Added Tax (VAT). “You (b...

Stop lenient trade treatment of China, Trump urges WTO

Stop lenient trade treatment of China, Trump urges WTO

-- 2019-07-27 16:10:34

US President Donald Trump has urged the World Trade Organization on Friday to stop letting China and other economies receive lenient treatment under global trade rules by calling themselves “dev...

Shocking results of milk studies drive away consumers

Shocking results of milk studies drive away consumers

-- 2019-07-27 14:23:29

Milk producers in Bangladesh have reported plummeting sales after tests showed 11 leading brands of milk contained antibiotics. Earlier this month researchers at Dhaka University found antibiotics, a...

Bureau Veritas to use EBL payroll banking service

Bureau Veritas to use EBL payroll banking service

FE Online Desk 2019-07-27 14:07:51

Bureau Veritas (Bangladesh) Private Limited has signed a Payroll Banking agreement with Eastern Bank Limited for the convenient disbursement of its employees’ salaries. M Khorshed Anowar, ...

Mercantile Bank holds half yearly business conference

Mercantile Bank holds half yearly business conference

FE Online Desk 2019-07-27 13:40:36

Mercantile Bank Limited arranged the Half Yearly Business Conference-2019 of at Le Meridien in the capital today (Saturday). The heads of the bank’s 139 branches and Head Office Divisions parti...

India rice exports could hit seven-year low

India rice exports could hit seven-year low

-- 2019-07-27 12:40:14

India’s rice exports are likely to fall to their lowest level in seven years, industry officials say, as weak demand from African countries weighs and shippers absorb the absence of government i...

Downtrend in hilsa prices

Downtrend in hilsa prices

FE Report 2019-07-27 10:06:46

The prices of hilsa showed a downward trend from last week, thanks to the end of a two-month fishing ban in the Bay of Bengal. However, the prices are still much higher for consumers in the lower i...

PC okays new metro-rail projects

PC okays new metro-rail projects

FHM Humayan Kabir 2019-07-27 09:47:55

The Project Evaluation Committee (PEC) of the Planning Commission (PC) has approved two new metro-rail projects at a combined cost of Tk 931.62 billion, officials said. Presided over by the PC Member...

IndiGo expands mideast presence  on Jet Airways' failure

IndiGo expands mideast presence on Jet Airways' failure

-- 2019-07-26 21:43:12

Budget carrier IndiGo is fast filling the gap in capacity between India and the Middle East following the bankruptcy of market leader Jet Airways. IndiGo's increasing fleet capacity and acquisition of...

Biman inducts third Dreamliner

Biman inducts third Dreamliner

-- 2019-07-26 18:10:44

Biman Bangladesh Airlines added a third Boeing 787-8 Dreamliner to its fleet on Thursday (yesterday). The aircraft landed at Hazrat Shahjalal International Airport in the city at 5:04pm, said an offi...