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Search results for: trade

VAT rebate claim: NBR clears confusion over 'input' definition

DOULOT AKTER MALA October 28, 2019 09:52:25

The National Board of Revenue (NBR) on Sunday identified a number of products and services that cannot be shown as inputs (raw materials) for claiming VAT rebate. The Value Added Tax (VAT) wing under...

BD denim products to attract more foreign buyers

-- October 27, 2019 17:09:10

The eleventh edition of Bangladesh Denim Expo, an international exposition to promote Bangladeshi denim goods, will focus on driving the country’s denim industry towards the direction of respons...

Credibility key to branding products, says Dr Atiur

-- October 27, 2019 17:08:57

Former governor of Bangladesh Bank Atiur Rahman has suggested presenting a product in an easy language, and humane and credible way for branding. Atiur made the suggestion while speaking at an event...

Lee Cooper MD Wayne Bebb arrives today

FE Online Desk October 27, 2019 10:49:12

Wayne Bebb, global managing director of Lee Cooper, is scheduled to arrive in Bangladesh today (Sunday) on a two-day visit. During his stay, Bebb will sign a licensee agreement with Express Leather P...

US, China 'close to' part of Phase One trade deal

-- October 27, 2019 10:44:48

US and Chinese officials are “close to finalizing” some parts of a trade agreement after high-level telephone discussions on Friday, the US Trade Representative’s office and China&rs...

BGMEA seeks slew of measures to remain competitive

MONIRA MUNNI October 27, 2019 10:28:04

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has sought at least an additional Tk 2.0 on top of the market-based exchange rate per US dollar. It also demanded several other meas...

Farm credit disbursement picks up

Siddique Islam October 27, 2019 10:21:52

Farm credit disbursement grew by nearly 2.0 per cent in the first quarter (Q1) of fiscal year (FY) 2019-20, as demand for such loan started generating after floods. Disbursement rose to Tk 35.55 bill...

Steel Engineering Corp losing out to private peers

 JUBAIR HASAN October 27, 2019 10:09:13

The financial muscle of the state-owned steel maker remains highly fragile, with most of its units failing to compete with private enterprises, officials say. Though profitable until now, the Banglad...

FBCCI seeks UAE support to set up Global Halal Certification Centre

-- October 26, 2019 20:38:22

Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) President Sheikh F Fahim has sought support from the Halal Certification Authority in the United Arab Emirates (UAE) to set up a Glob...

US envoy hopeful of reopening Dhaka-NY direct flights

-- October 26, 2019 17:09:05

US Ambassador to Bangladesh Earl R Miller has expressed the hope over reopening Dhaka-New York direct flights bringing more opportunities for both the countries with more exchanges on all fronts. The...

IBBL holds board meeting

FE Online Desk October 26, 2019 16:50:17

A meeting of the Board of Directors of Islami Bank Bangladesh Limited was held on Saturday at Islami Bank Tower. Presided over by Professor Md. Nazmul Hassan, Ph.D, Chairman of the bank, the meeting...

NCC Bank workshop on "Audit Aspects of Forex Operation on Export"

FE Online Desk October 26, 2019 16:46:26

A day long workshop on "Audit Aspects of Foreign Exchange Operation on Export" was held at NCC Bank Training Institute recently. Khondoker Nayeemul Kabir, Deputy Managing Director inaugurated the wor...

Premier Bank celebrates 2 decades of operations

FE Online Desk October 26, 2019 16:42:07

The Premier Bank Limited celebrated 2 decades of operations on Saturday. An event titled “Celebrating 20 years of Prosperity” held at the bank’s head office, was inaugurated by th...

City Bank teams up with bKash

FE Online Desk October 26, 2019 13:02:56

City Bank and bKash have recently signed an agreement at Bank’s head office in Dhaka. Under the agreement, City Bank will facilitate bKash to make automated payments to its nationwide distribut...

Poultry industry demands withdrawal of advance tax on imports

FE ONLINE REPORT October 26, 2019 12:56:06

The poultry industry has demanded the withdrawal of a 5.0 per cent advance tax (AT) on raw material imports to save the sector going through a critical condition. Two associations involving the indus...

EBL signs deal with Crocodile Bangladesh Ltd

FE Online Desk October 26, 2019 12:30:30

EBL cardholders will enjoy special privileges while purchasing Crocodile products at retail outlets of Crocodile Bangladesh Ltd, the sole licensee of Singapore based global fashion brand- Crocodile....

Govt plans fair rawhide prices from next Eid

Rezaul Karim October 26, 2019 10:31:11

The government plans to introduce a system of fixing rational prices of rawhide of sacrificial animals from next Eid-ul-Azha in a bid to prevent repeat of the price debacle seen this year, officials...

TCB suffers Tk 147m loss in two fiscal years

FE REPORT October 26, 2019 10:27:55

The Trading Corporation of Bangladesh (TCB) has sought Tk 147 million in subsidies from the government to make up for the financial loss that it had incurred in the last two financial years. The stat...

Jute ministry pushes for steps on India's tariff barrier

REZAUL KARIM October 26, 2019 10:16:37

The Ministry of Textiles and Jute has sought necessary government steps to settle the issue of anti-dumping duty imposed by India on Bangladeshi jute goods, officials said. In a letter, Textiles and...

Matarbari to host deep seaport

FHM HUMAYAN KABIR October 26, 2019 10:05:43

The government is set to build Matarbari deep seaport, near Cox's Bazar, with funding from Japan, officials said. The officials said the port will be set up to handle large ocean-going ships, cargoes...

FBCCI seeks nanotechnology support from New York State senators

-- October 25, 2019 22:21:52

The Bangladesh Chambers of Commerce and Industry (FBCCI) has sought nanotechnology support from the senators of the New York State of the United States. The apex trade body sought the support at a me...

China among top 10 improvers in business climate 2nd year in a row: World Bank

Xinhua October 25, 2019 16:01:33

China is among the 10 economies where business climates improved the most, and it is on the list of top 10 improvers for a second consecutive year, according to the World Bank's annual doing business...

Use of currencies other than US dollars can be explored: Speakers

FE REPORT October 25, 2019 09:57:23

Despite the country's high dependency on using the US dollar (US$) in foreign trade, possibility of using other alternative currencies in certain bilateral and regional trade transactions can be explo...

Now NBR drawback office to refund VAT

DOULOT AKTER MALA October 25, 2019 09:46:13

The National Board of Revenue (NBR) has decided to issue VAT refund for export-oriented sectors and international organisations from its drawback office, instead of VAT field-offices, in a bid to simp...

Work on Bangabandhu rail bridge likely to start in Dec

MUNIMA SULTANA October 25, 2019 00:51:39

The construction work of Bangabandhu Sheikh Mujib Railway Bridge over the Jamuna River is expected to start in December this year with a significant rise in overall project cost, sources said. Bang...

Japanese cos to invest in Saudi Arabia’s tourism industry

-- October 25, 2019 00:50:23

There is a genuine interest among Japanese companies to invest in Saudi Arabia's rapidly growing entertainment and tourism industries, with some planning to set up their own operations in the Kingdom...

Daraz to launch '11.11' campaign for second time

-- October 24, 2019 18:54:09

Country’s largest online marketplace Daraz Bangladesh is going to arrange the '11.11' campaign for the second time. The one-day sale event will provide a great shopping experience with more tha...

India's top court orders mobile operators to pay $13 billion in dues

-- October 24, 2019 16:24:59

India’s top court on Thursday upheld a demand by the telecom department that wireless carriers pay 920 billion Indian rupees ($12.97 billion) in overdue levies and interest, TV channels reported...

China-Japan economic, trade cooperation contributes to world economic growth: Japanese expert

-- October 24, 2019 16:14:15

As the world economy is slowing down, closer cooperation between China and Japan will contribute to world economic growth, Noriyoshi Ehara, chief economist at the Institute of International Trade and...

Emirates offers a fun-filled winter break in Dubai

FE Online Desk October 24, 2019 14:15:30

Emirates has announced a number of promotional offers for those who plan to discover Dubai with its shopping festivals, traditional souks, stunning beach resorts, fine dining, adventure water parks an...