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Search results for: trade

BB, SME Foundation sign deal on Tk 500m loan scheme

BB, SME Foundation sign deal on Tk 500m loan scheme

FE Report 2019-02-13 10:56:11

The SME Foundation with support from Bangladesh Bank (BB) will provide the small and medium enterprises (SMEs) with low-cost loans through different financial institutions. In this regard, the cent...

'Impose VAT on all, scrap exemption provision'

'Impose VAT on all, scrap exemption provision'

Doulot Akter Mala 2019-02-13 10:49:26

A revenue board committee has proposed the government to impose Value Added Tax (VAT) at a reduced rate on all businesses by scrapping the provision of exemption ceiling for small businesses in the ne...

Govt to launch database of overseas jobseekers by March

Govt to launch database of overseas jobseekers by March

Arafat Ara 2019-02-13 09:41:13

The government is set to launch a database of overseas jobseekers by March this year, officials said. Only those who have already decided to go abroad with jobs will be able to include their names on...

RMG grabs the lion’s share of cash incentives

RMG grabs the lion’s share of cash incentives

Jasim Uddin Haroon 2019-02-13 09:31:56

The country's export-oriented apparel units are bagging the most part of the government's cash incentives, directly and indirectly. The local export-oriented textile industries receive around 40 per...

Pakistan, India hope to reap investment from Saudi prince’s visit

Pakistan, India hope to reap investment from Saudi prince’s visit

-- 2019-02-12 21:45:05

Saudi Arabia's Crown Prince Mohammed bin Salman is expected to announce investments in energy and infrastructure during a visit to India and Pakistan in coming days, reports Reuters. The prince, know...

Call to improve investment atmosphere for attracting foreign investors

Call to improve investment atmosphere for attracting foreign investors

FE Online Report 2019-02-12 18:40:28

Bangladesh Investment Development Authority (BIDA) on Tuesday called upon authorities concerned to eliminate rifts between public and private sector in order to create investment friendly atmosphere f...

BB inks deal with SME Foundation

BB inks deal with SME Foundation

-- 2019-02-12 17:13:31

Bangladesh Bank (BB) on Tuesday signed a loan agreement of Tk 500 million with SME Foundation to expand its credit programme. In presence of BB Governor Fazle Kabir, General Manager of the BB’s...

Samsung Galaxy M10 hits Bangladesh market

Samsung Galaxy M10 hits Bangladesh market

-- 2019-02-12 16:38:07

The Galaxy M10 smartphone, designed specifically for the millennial lifestyle, has been made available in the local market by Samsung Bangladesh. This highly-anticipated affordable phone comes with...

11,000 RMG workers lose jobs over labour unrest

11,000 RMG workers lose jobs over labour unrest

FE Online Report 2019-02-12 14:06:15

At least 11,000 workers of 99 garment factories have been fired from jobs for the alleged involvement in the labour unrest during the recent movement demanding implementation of the wage board and rem...

Flower business in Jashore blooms in February

Flower business in Jashore blooms in February

-- 2019-02-12 13:16:10

The flower growers and traders of Jashore's Jhikargacha upazila, one of the largest flower markets of the country, are optimistic about a big sale - targeting more than Tk 0.7 billion - in February, B...

BD sets sights on recruitment brokers to curb abuse, trafficking

BD sets sights on recruitment brokers to curb abuse, trafficking

Thomson Reuters Foundation 2019-02-12 12:38:03

Bangladesh government is planning to sideline unscrupulous recruitment brokers who dupe or exploit workers they send abroad by compiling a list of certified agents as record numbers of its citizens sp...

Boring work of Karnaphuli tunnel starts on Feb 24

Boring work of Karnaphuli tunnel starts on Feb 24

FE Report 2019-02-12 10:40:35

Boring work of the Karnaphuli tunnel, first of its kind in the country, will start on February 24. Prime Minister Sheikh Hasina will inaugurate the boring work of the 3.4-kilometre tunnel during he...

JMI Group to execute LPG projects

JMI Group to execute LPG projects

FE Report 2019-02-12 10:37:19

The JMI Group has forayed into the booming LPG business and now looks to grab a significant portion of the market share by utilising investments from foreign and local sources. The conglomerate, havi...

All set for MWT installation in Ctg

All set for MWT installation in Ctg

Pankaj Dastider 2019-02-12 09:54:13

CHATTOGRAM: Authorities are all set to install the Mass Water Transport (MWT) system in the port city, the first one in the country, with waterbuses to ferry the airport-bound passengers from Sadargha...

BSC plans to buy few more vessels

BSC plans to buy few more vessels

FHM Humayan Kabir 2019-02-12 09:37:56

The state-owned Bangladesh Shipping Corporation (BSC) has a plan to procure four large oil-tankers and two bulk carriers each having capacity between 80,000 and 125,000 dead-weight tonnes (DWT), offic...

Computer parts makers to enjoy tax benefit

Computer parts makers to enjoy tax benefit

FE Report 2019-02-12 09:33:00

The revenue board has extended the duty benefits covering the import of raw materials and equipment for local production of computer spare parts, accessories, and other digital products. Last week, t...

BDT deflates notably against US$

BDT deflates notably against US$

Siddique Islam 2019-02-12 09:27:16

The exchange rate of the Bangladesh Taka (BDT) depreciated significantly against the US dollar on Monday, mainly due to higher demand for the greenback in the market for settling the import bills. Th...

Accord proposes 281-day exit plan

Accord proposes 281-day exit plan

Monira Munni 2019-02-12 09:20:05

The western retailers' platform Accord has proposed a 281-day plan before it hands over its ongoing safety-related function in the country's readymade garment sector to a relevant authority, officials...

Samsung brings Galaxy M10 in BD market

Samsung brings Galaxy M10 in BD market

FE Online Desk 2019-02-11 21:37:25

Samsung has brought the most anticipated smartphone ‘Galaxy M10’, designed specifically for the millennial lifestyle, in Bangladesh market. The smartphone comes with infinity-V display an...

BAT Bangladesh announces nine months maternity leave

BAT Bangladesh announces nine months maternity leave

FE Online Desk 2019-02-11 20:05:14

British American Tobacco Bangladesh (BAT Bangladesh) has announced the opportunity for enjoying maternity leave of nine months for the female employees of the organisation. Shehzad Munim, managing di...

Uber launches operations in Sylhet

Uber launches operations in Sylhet

FE Online Desk 2019-02-11 18:27:03

Uber, the world's largest ridesharing company, has announced its the launch of operations in Sylhet, the third city in the country where people will enjoy the services. After Dhaka and Chittagong, th...

Philippines opens visa centre in Ctg

Philippines opens visa centre in Ctg

FE Report 2019-02-11 15:16:55

Chittagong City Corporation Mayor AJM Nasir Uddin said recently the opening of the Philippines visa centre in the port city would embolden the ties between the two countries. He was speaking as the c...

Dhaka Bank signs agreement with United Hospital

Dhaka Bank signs agreement with United Hospital

FE Online Desk 2019-02-11 15:05:19

Dhaka Bank Limited has recently signed a corporate medical services agreement with United Hospital at the hospital’s corporate office. Under the agreement, Dhaka Bank employees and their depend...

Square Toiletries holds annual sales conference

Square Toiletries holds annual sales conference

FE Online Desk 2019-02-11 13:47:16

Square Toiletries Limited has recently arranged its ‘Annual Sales Conference- 2019’ at the ballroom of Hotel Sea Palace in Cox’s Bazar. Anjan Chowdhury, Managing Director of the com...

Oil prices fall as US rig count rise, trade concerns

Oil prices fall as US rig count rise, trade concerns

-- 2019-02-11 12:45:32

Oil prices fell by around 1 per cent on Monday as drilling activity in the United States, the world’s largest oil producer, picked up and financial markets were pulled down by trade concerns. A...

Mahindra plans to expand its business in Bangladesh

Mahindra plans to expand its business in Bangladesh

Babul Barman 2019-02-11 10:46:24

Mahindra & Mahindra, a part of the $20.70-billion Mahindra Group, is planning to further expand its business in Bangladesh. The Indian multinational automaker has an ambitious goal to expand its...

Investors should press int'l brands more: Report

Investors should press int'l brands more: Report

Monira Munni 2019-02-11 10:39:47

Investors should increase their leverage on goals and strategies of global brands to ensure that workers in Bangladesh ready-made garment (RMG) factories get living wages, a latest report opined. Acc...

Indian co proposes exporting LNG

Indian co proposes exporting LNG

M Azizur Rahman 2019-02-11 09:54:02

India's H-Energy has proposed exporting re-gasified LNG to Bangladesh to help run a state-owned 800-megawatt (MW) combined cycle power plant at Rupsha in the southern Khulna region. In its proposal...

BTRC moves to clip GP's dominance

BTRC moves to clip GP's dominance

FE Report 2019-02-11 09:40:26

The telecom regulator has designated Grameenphone as a Significant Market Player (SMP) in an attribution that may lead to several strategic moves to curb its dominance in the local telecom market. SM...

Cyclone-time silt to fill Payra channel in only two days

Cyclone-time silt to fill Payra channel in only two days

Syful Islam 2019-02-11 09:37:28

The Payra Port Authority (PPA) last month signed a deal with Belgian firm 'Jan De Nul' for capital dredging of the port's main access channel. The dredging of the 75-kilometre long and 100-metre wide...