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Search results for: trade

China seeks more tariff rollbacks for 'phase 1' trade deal

-- November 05, 2019 11:12:55

China is pushing US President Donald Trump to remove more tariffs imposed in September as part of a “phase one” US-China trade deal, people familiar with the negotiations said on Monday....

Korean cos to invest $ 500m in EZ

FE REPORT November 05, 2019 10:56:18

South Korean businesses have expressed the interest to establish an industrial park in Bangladesh's Economic Zone (EZ) to set up factories for manufacturing apparel, leather products and ornaments. A...

VAT collection devices for shops from Dec

DOULOT AKTER MALA November 05, 2019 10:43:08

The National Board of Revenue (NBR) has decided to start installation of Electronic Fiscal Devices (EFDs) from next month (December) to ensure proper VAT collection from business outlets. In the fi...

Onion prices up again despite govt's watch

FE REPORT November 05, 2019 10:30:42

Despite the government's vigilance and assurance of ample import, prices of onion increased again on Monday after a slight decline in last two days. Onions of local varieties were traded at Tk 135-14...

India opts out of China-led Asia trade deal

-- November 05, 2019 10:14:50

India’s Prime Minister Narendra Modi said on Monday that he could not compromise the interests of farmers and workers at home by joining a China-led regional trade pact after it failed to addres...

Retail power price hike likely, next year

M AZIZUR RAHMAN November 05, 2019 09:45:29

The retail level electricity distributors have sought a fresh hike in electricity price for almost all types of consumers from January 2020. State-run electricity distribution companies submitted the...

Gold steadies on weak dollar

-- November 04, 2019 21:39:48

Gold prices were steady on Monday as the dollar eased on soft manufacturing survey, while signs of a US-China trade deal stoked risk appetite, capping gains for the safe-haven bullion, reports Reuters...

Import through Benapole remains suspended for third day

-- November 04, 2019 15:14:13

Cargo import through Benapole land port has remained suspended for a third straight day due to a technical glitch on the server connected to the printer at Petrapole port in India. The other activiti...

Bangladesh main country of ship demolition: UNCTAD

FE ONLINE REPORT November 04, 2019 14:10:30

Bangladesh is now the main country of ship demolition across the world, according to the latest report of the United Nations Conference on Trade and Development (UNCTAD). In 2018, around 47.20 per ce...

GE signs deal with BPDB

FE Online Desk November 04, 2019 13:50:21

GE Power (NYSE: GE) has signed the first-of-its kind multi-year maintenance contract with the Bangladesh Power Development Board (BPDB), to provide services and maintenance as the original equipment m...

EBL donates 75,000 blankets to PM’s Relief and Welfare Fund

FE Online Desk November 04, 2019 13:05:31

Eastern Bank Limited (EBL) donated 75,000 pieces of blankets to the Prime Minister’s Relief and Welfare Fund at a programme held on Saturday at Ganabhaban in the city. Md Showkat Ali Chowdhury,...

McDonald’s sacks CEO over relationship with employee

-- November 04, 2019 11:55:15

McDonald’s Corp dismissed Chief Executive Steve Easterbrook over a recent consensual relationship with an employee, which the board determined violated company policy, the fast-food giant said o...

Rein in onion prices immediately

FE REPORT November 04, 2019 10:51:31

A consumer rights body urged the government on Sunday to take immediate steps to contain skyrocketing prices of onion, an essential kitchen item. It also observed that a 'strong syndicate' has been a...

BRTC still ill-prepared to enforce transport law

Munima Sultana November 04, 2019 09:56:23

The state-owned transport operator is not yet ready to enforce the new road transport act as nearly 36 per cent of its vehicles lack fitness and the majority of drivers don't have driving licences for...

2,374 covered vans registered in Jan-Sep

FE Online Report November 03, 2019 17:58:59

The number of covered van registration in the country stood at 2,374 in the first nine months of current calendar year, according to an official data. Of the total, 1,947 covered vans were registered...

Over 2,300 covered vans registered in nine months

FE ONLINE REPORT November 03, 2019 17:56:57

The number of covered van registration in the country stood at 2,374 in the first nine months of the current calendar year alone, according to an official data. Of the total, 1,947 of such vehicles w...

Daraz Bangladesh arranges '11.11 Sale' campaign

-- November 03, 2019 17:50:32

Daraz Bangladesh (daraz.com.bd), country’s online marketplace, is going to arrange a single-day campaign, Daraz 11.11 Sale, for the second time with best brands of the country. This internation...

China's used car sales rise in September

-- November 03, 2019 14:56:04

China's used car sales climbed 7.4 per cent in September from a year earlier, according to a report from the China Automobile Dealers Association. A total of 1.31 million used cars changed hands in S...

5th edition of BIGTEX begins Nov 7

FE Online Desk November 03, 2019 13:52:07

The 5th edition of BIGTEX - Bangladesh Int’l Garment & Textile Machinery Expo- begins on November 7 at International Convention City Bashundhara - ICCB, Dhaka – Bangladesh. There will...

Crown Cement signs deal with China Construction

FE Online Desk November 03, 2019 13:19:22

Crown Cement Group recently signed an agreement with China Construction Seventh Engineering Division Corporation Ltd. at The Westin hotel in Dhaka. Under the deal, Crown Cement Group will supply ceme...

Best digital works awarded in 16 categories

FE Online Desk November 03, 2019 13:12:14

To bring transformational change in the digital space, Bangladesh Brand Forum organized Digital Summit 2019 on Saturday. Meghna Group of Industries presented this year’s summit which was attend...

Hathazari branch of FSIBL shifted

FE Online Desk November 03, 2019 13:02:28

The Hathazari Branch of First Security Islami Bank Limited was shifted at the new premises- Siddik Center, Hathazari-Fatikchhori Road, Hathazari Bazar, Chattogram on Sunday. Mr. Abdul Aziz, Additiona...

VAT on aviation services to stay

DOULOT AKTER MALA November 03, 2019 10:52:06

The National Board of Revenue has ruled out the possibility of waiver of value added tax, or VAT, on aeronautical service charges, officials said. The VAT wing of the board has issued an order in thi...

Study reveals migrant women’s woes

ARAFAT ARA November 03, 2019 10:45:50

Women migrant domestic helps face violence from both the employers and sub-agents, appointed by recruiting agencies, in job destination countries. But they don't get proper legal support and compen...

Trade talks in balance at Southeast Asian leaders summit

-- November 03, 2019 10:33:59

Plans to finalise an Asia-wide trade deal at a summit in Bangkok this weekend were uncertain after new demands raised by India in the negotiations to create the world’s largest trading bloc. So...

Luxury SUVs RHD's greatest extravagance

FHM Humayan Kabir November 03, 2019 10:28:35

Roads and Highways Department (RHD) intends to procure 25 motor vehicles at Tk 114.80 million under a road upgrade project which is yet to be cleared by the Planning Commission (PC). The fleet of veh...

State venture capital company on the anvil

JASIM UDDIN HAROON November 03, 2019 10:05:23

The government is creating a venture capital firm to nurture start-up entrepreneurs as the country is still at a nascent stage of tech-based business innovation. The Bangladesh Start-up Company with...

21,098 auto-rickshaws registered in Jan-Sep

FE ONLINE REPORT November 02, 2019 16:56:14

A total of 21,098 auto-rickshaws were registered across the country in January and September this year. Of them, 6,742 got registration in Dhaka, according to Bangladesh Road Transport Authority (BRT...

Special discount on Toyota vehicle for EBL cardholders

FE Online Desk November 02, 2019 12:54:11

EBL VISA Infinite, Signature, Platinum and Mastercard World, Titanium cardholders will get special discount of up to Taka 0.1 million (1 lac) while purchasing selected brand new Toyota vehicles from N...

Softening demand drags Indian factory growth to two-year low in Oct

-- November 02, 2019 12:10:51

India’s factory activity growth hit a two-year low in October as new orders and output rose at a slower pace, dragging business confidence to its weakest since early 2017, a survey showed on Fri...