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Search results for: trade

Apparel firms less-interested in going public, says CPD survey

Apparel firms less-interested in going public, says CPD survey

FE Report 2018-08-31 10:24:43

Over half of apparel firms are found to be subsidiaries of different group of companies, according to a new survey. The Centre for Policy Dialogue (CPD), a local think-tank, conducted the survey on "...

US commercial office in Dhaka to boost trade

US commercial office in Dhaka to boost trade

FE Report 2018-08-31 09:52:04

The USA has decided to open a commercial office in its embassy in Dhaka to help build linkage among businesses of the two countries. It has such offices in various countries to boost bilateral trade...

Don't adopt 'Europe First' policy: Germany to Europe

Don't adopt 'Europe First' policy: Germany to Europe

-- 2018-08-30 22:37:17

Germany's finance minister warned against following a 'Europe First' policy and said it was unclear whether the European Union would reach a Brexit agreement with Britain. European policies should pr...

Air China plans to sell cargo unit  stake to AVIC Capital for $357m

Air China plans to sell cargo unit stake to AVIC Capital for $357m

-- 2018-08-30 22:35:58

Air China Ltd on Thursday said it plans to sell a 51 per cent stake in Air China Cargo to AVIC Capital for 2.44 billion yuan ($357.16 million), and would focus more on its passenger operations, report...

Chinese soy buyers leave American exporters’ show empty-handed

Chinese soy buyers leave American exporters’ show empty-handed

-- 2018-08-30 22:34:37

An annual US soy exporters' conference wrapped up on Wednesday without any known sales to Chinese buyers, in sharp contrast to previous years where billions of dollars of the main US cash crop have be...

Panasonic relocating Europe headquarters from UK to Amsterdam

Panasonic relocating Europe headquarters from UK to Amsterdam

-- 2018-08-30 20:16:43

Panasonic will move its European headquarters from the UK to Amsterdam in October as Brexit approaches. The aim is to avoid potential tax issues linked to the UK's decision to leave the EU, said Pana...

97.5pc RMG factories devoid of trade unions: CPD

97.5pc RMG factories devoid of trade unions: CPD

-- 2018-08-30 18:19:41

About 97.5 per cent readymade garment (RMG) factories in Bangladesh do not have trade unions. A comprehensive survey on RMG sector, conducted by Centre for Policy Dialogue (CPD), also found out that...

Nestle to cut fewer tech workers in Switzerland

Nestle to cut fewer tech workers in Switzerland

-- 2018-08-30 16:20:17

Nestle (NESN.S) has finalised plans for reorganizing its Swiss information technology (IT) setup, the food and beverage giant said on Thursday, reducing the number of tech worker jobs it will cut at i...

Dhaka, Kathmandu agree on boosting trade, investment

Dhaka, Kathmandu agree on boosting trade, investment

-- 2018-08-30 15:07:35

Bangladesh and Nepal today (Thursday) agreed to boost cooperation in power sector alongside trade and investment as Prime Minister Sheikh Hasina held talks with her Nepalese counterpart KP Sharma Oli...

Australia's TPG, Vodafone announce A$15b merger

Australia's TPG, Vodafone announce A$15b merger

-- 2018-08-30 14:30:54

Vodafone's Australian operations will become part of a new telecoms giant in a A$15 billion merger announced on Thursday. Combining Vodafone Hutchison Australia and TPG Telecom will create a mobile,...

Pressures on Didi intensify after  latest passenger killing

Pressures on Didi intensify after latest passenger killing

-- 2018-08-30 11:29:44

China’s largest ride-hailing company Didi Chuxing has suspended its carpooling service after a passenger was killed, and is likely to face tighter oversight that will squeeze driver numbers and...

Oil prices edge up on decline in US fuel inventories

Oil prices edge up on decline in US fuel inventories

-- 2018-08-30 11:07:28

Oil prices inched up on Thursday, extending solid gains from the previous session on a fall in US crude inventories and expected disruptions to supply from Iran and Venezuela. International Brent cru...

Customs e-auction starts next month

Customs e-auction starts next month

Doulot Akter Mala 2018-08-30 10:04:28

The National Board of Revenue (NBR) launches three major customs automation tools in early next month to facilitate traders while checking irregularities. Customs wing of the board would launch e-auc...

CPA restricts new vessels to use port

CPA restricts new vessels to use port

Jasim Uddin Haroon, back from Chattogram 2018-08-30 09:45:41

The Chittagong Port Authority (CPA) is not allowing new container vessels to call at the country's main port, people familiar with the matter said on Monday. They said many shipping firms have applie...

Lean exploration leads to costly LNG imports

Lean exploration leads to costly LNG imports

M Azizur Rahman 2018-08-30 09:31:58

A dearth of hydrocarbon discoveries over the past one decade has worsened the country's natural gas crisis, energy experts said. According to industry insiders, this has resulted in the imports of ex...

Too few items still rule apparel exports

Too few items still rule apparel exports

Monira Munni 2018-08-30 09:31:29

Export income from the readymade garment sector relies largely on a few items, thereby risking its sustainability in the global market, industry insiders and experts have said. At present, more than...

Aston Martin mulls going public as turnaround revs up

Aston Martin mulls going public as turnaround revs up

-- 2018-08-29 18:44:05

Luxury carmaker Aston Martin plans to float on the London Stock Exchange, completing a turnaround for the once perennially loss-making company that could now be valued at up to 5.0 billion pounds ($6....

A Journey of cultural cuisines by Hilton Kuala Lumpur’s Signature restaurant

A Journey of cultural cuisines by Hilton Kuala Lumpur’s Signature restaurant

-- 2018-08-29 16:32:15

Makan Kitchen, the signature all-day dining at DoubleTree by Hilton Kuala Lumpur, comes with cuisines of diverse culture, flavour and taste. The true showcase of Malaysian dining, Makan Kitchen, is a...

Emirates introduces new range of toys on board

Emirates introduces new range of toys on board

FE Online Desk 2018-08-29 16:07:43

Emirates Airline brings the best family experiences on board by introducing new toys from the Emirates Fly with Me collection and Lonely Planet Kids activity kit bags for children travelling in all cl...

Hong Kong Wine & Dine Festival to celebrate its 10th anniv

Hong Kong Wine & Dine Festival to celebrate its 10th anniv

-- 2018-08-29 15:20:24

The Hong Kong Tourism Board (HKTB), in association with China Construction Bank (Asia) as the title sponsor, is set to organise the largest ever Hong Kong Wine & Dine Festival next month. Marking...

Boeing forecasts 0.24m pilot jobs over next two decades

Boeing forecasts 0.24m pilot jobs over next two decades

-- 2018-08-29 13:31:01

American aviation giant - Boeing that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, and missiles worldwide has forecasted that the Asia Pacific will need the greatest nu...

Top global retailer supports garment workers' demands for minimum wage

Top global retailer supports garment workers' demands for minimum wage

FE Report 2018-08-29 11:14:01

A top global retailer, Inditex, has backed the garment workers' demands regarding their minimum monthly wage in Bangladesh. "We believe in the right of workers to a living wage, in Bangladesh and in...

Focus on digitisation of business, e-commerce to propel economy

Focus on digitisation of business, e-commerce to propel economy

FE Report 2018-08-29 11:08:10

Speakers at a programme on Tuesday said businesses will have to be fully digitised and e-commerce-based for further development of the country's economy. To achieve sustainable development goals (SDG...

Muhith rules out BASIC Bank’s image crisis

Muhith rules out BASIC Bank’s image crisis

FE Report 2018-08-29 11:02:58

Finance minister AMA Muhith ruled out the possibility of a negative impact on the image of BASIC bank after the resignation of its managing director. Muhammad Awal Khan tendered his resignation on...

Remove the NTBs to boost bilateral trade

Remove the NTBs to boost bilateral trade

FE Report 2018-08-29 10:52:19

Planning Minister AHM Mustafa Kamal has urged India to remove non-tariff barriers (NTBs) in order to boost bilateral trade between the two countries. The tariff and non-tariff barriers are affecting...

BRTC to buy 300 more double-deckers under second Indian LoC

BRTC to buy 300 more double-deckers under second Indian LoC

FE Report 2018-08-29 09:53:42

Bangladesh Road Transport Corporation (BRTC) will soon add 300 more double-decker buses to its fleet after importing those vehicles from India. The state-owned bus operator signed a Tk 2.39-billion c...

Tax authority fails to equip risk management arm in six years

Tax authority fails to equip risk management arm in six years

Doulot Akter Mala 2018-08-29 09:49:55

The risk management arm of the revenue board has not produced any visible results since its inception in 2012. The lack of legal and logistic support for the Risk Management Central Unit is blamed...

BB gives nod to set up one more pvt bank

BB gives nod to set up one more pvt bank

Siddique Islam 2018-08-29 09:37:26

The central bank has decided to give licence to one more private commercial bank a few months ahead of the national elections. Proposals for two other banks are also under process. The decision was...

US, Mexico revamps Nafta

US, Mexico revamps Nafta

-- 2018-08-28 22:23:26

The US and Mexico have agreed to revamp Nafta, the North American Free Trade Agreement, in what Donald Trump called a "really good deal" for both countries. The US President, who has frequently criti...

BD seeks removal of non-tariff barriers to enhance export to India

BD seeks removal of non-tariff barriers to enhance export to India

FE Online Report 2018-08-28 19:02:43

Planning Minister AHM Mustafa Kamal Tuesday urged India to relax tariff and non-tariff barriers on Bangladeshi products for boosting bilateral trade and business. “The tariff and non-tariff bar...