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Search results for: trade

BSCIC cancels allocation of 11 plots at Savar tannery estate

BSS October 23, 2019 17:12:20

The Bangladesh Small and Cottage Industries Corporation (BSCIC) has cancelled the allotment of 11 plots at the Savar tannery industrial city as the owners of these plots failed to construct factory an...

EBL offers ATM, CDM facilities at Jamuna Future Park

FE Online Desk October 23, 2019 13:57:42

Eastern Bank Ltd (EBL) is offering ATM and Cash Deposit Machine (CDM) facilities at the Wholesale Club premises of Jamuna Future Park, allowing customers to perform cash withdrawals and deposits while...

Huawei launches foldable phone in China

-- October 23, 2019 13:39:01

Huawei Technologies Co Ltd launched its foldable 5G Mate X smartphone on Wednesday, starting pre-sales for the device in China on the same day. Huawei announced the smartphone’s launch on its o...

Working to enhance Bangladesh’s air connectivity: PM

-- October 23, 2019 12:54:46

Prime Minister Sheikh Hasina on Wednesday said the government is working to enhance Bangladesh’s air connectivity with the rest of the world. "We’ve procured 10 passenger carriers in the...

Exports to Turkey see sharp fall in five years

Rezaul Karim October 23, 2019 10:47:37

A sustained fall in exports of Bangladeshi products to Turkey has prompted the government to dig out the causes of the sharp decline, officials said. To this end, the Bangladesh embassy in Ankara h...

BB updates BEFTN system

FE REPORT October 23, 2019 10:47:20

The Bangladesh Bank (BB) has updated its electronic funds transfer system that will come into effect from tomorrow (October 24) to facilitate business activities across the country. Payments will be...

BPDB seeks rise in bulk power tariff or subsidy

M AZIZUR RAHMAN October 23, 2019 10:22:40

The BPDB in a proposal submitted to the Bangladesh Energy Regulatory Commission (BERC) requested for regulator's initiative to arrange subsidy if the latter was unwilling to allow any tariff hike, a s...

BR mulls over fare hike on ADB pressure

MUNIMA SULTANA October 23, 2019 10:09:26

Bangladesh Railway (BR) is planning to raise fares for both passenger and freight trains to meet a requirement of the Asian Development Bank (ADB) as part of the railway reform programme. The last ti...

China's 2019 coal imports set to rise more than 10pc: Analysts

-- October 23, 2019 00:33:08

China, the world's top coal buyer, is on track to boost imports of the fuel by more than 10 per cent this year, traders and analysts said on Tuesday, countering earlier expectations that shipments wou...

Construction in full swing for Expo 2020 Dubai

-- October 23, 2019 00:31:58

Organisers gave on Tuesday a glimpse of the ongoing construction of the vast Expo 2020 site located south of Dubai, one year ahead of the World Expo's opening in October next year, reports Arab News....

Commerce minister urges India to remove trade barriers

-- October 22, 2019 20:31:55

Commerce Minister Tipu Munshi has urged India to remove all tariff and non-tariff barriers to help Bangladesh in increasing its exports to the neighbouring country. “Bangladesh is the largest t...

Over 6,500 trucks registered in Jan-Sept

FE Online Report October 22, 2019 18:00:19

The number of truck registration in the country stood at 6,795 alone between January to September 2019, according to official data. Of the total, 5,110 trucks were registered in Dhaka during the peri...

One-minute digital account service kicks off

-- October 22, 2019 13:28:25

Information and Communication Technology Affairs Advisor to the Prime Minister Sajeeb Wazed Joy today (Tuesday) launched one-minute digital savings account service. Joy inaugurated the service at a f...

IBBL RDS clients discussion meeting held in Pabna

FE Online Desk October 22, 2019 13:25:40

Rajshahi Zone of Islami Bank Bangladesh Limited organized a view exchange & discussion meeting for new clients of Rural Development Scheme (RDS) at Pabna Branch premises recently. Mohammad Ali, D...

Bank Asia, WorldFish sign MoU on digital financial support to fish farmers

FE Online Desk October 22, 2019 13:17:33

Bank Asia and WorldFish have signed an agreement on introducing a formal financial package for smallholders involved fish farming and aquaculture market actors in three southern districts – Jash...

ICMAB event at Bali

FE Online Desk October 22, 2019 13:09:18

Dhaka Branch Council (DBC) of Institute of Cost and Management Accountants of Bangladesh (ICMAB) organized a Leadership Development Program on “Journey to Corporate Leadership: Making the Mindse...

Chinese vice foreign minister says progress made in trade talks with US

-- October 22, 2019 12:33:32

China and the United States have achieved some progress in their trade talks, Vice Foreign Minister Le Yucheng said on Tuesday, and any problem could be resolved as long as both sides respected each o...

China has more ‘unicorn’ start-ups than US

-- October 22, 2019 11:19:09

China has the world's largest number of ‘unicorns,’ privately-held start-up firms valued at more than $1bn ($771m), according to a new report. The country has produced 206 unicorns while...

Dhk-Ctg oil pipeline project: BPC keeps changing deadlines

MIR MOSTAFIZUR RAHAMAN October 22, 2019 10:44:14

The Dhaka-Chittagong oil pipeline project has hit speed bump for slow work, thus failing to meet the deadline for umpteenth times. The Bangladesh Petroleum Corporation (BP  C) has undertaken the...

High-end fashion products: Govt looks for causes of small share in global mkt

SYFUL ISLAM October 22, 2019 10:35:13

The government is searching for causes behind a slow progress in grabbing the global market of high-end apparel products despite Bangladesh being the second-largest garment exporter, officials have sa...

RMG export to major destinations sees negative growth in Q1

MONIRA MUNNI October 22, 2019 10:02:57

The country's readymade garment (RMG) export to major destinations including European Union, Canada and some other non-traditional markets witnessed negative growth during the first quarter (Q1) of th...

Source tax on exports cut by three-fourths

FE REPORT October 22, 2019 09:40:52

The government on Monday reduced the source tax on export proceeds for all sectors from 1.0 per cent to 0.25 per cent to help the export-oriented sector stay competitive. The reduced source tax was m...

Transport bodies trail badly for staffers

FE REPORT October 22, 2019 00:32:49

Transport agencies have long been lacking in skilled manpower, simply affecting the country's vital sector from planning to execution and regulatory stages. As such, the sector is gripped with proble...

Four-day heritage handloom festival begins Wednesday

FE Online Report October 21, 2019 14:54:16

A four-day ‘Heritage Handloom Festival-2019’ will kick off on Wednesday in the city aimed at promoting local handloom products and protecting the extinction of traditional items. SME Foun...

Workshop at Union Bank Training Institute

FE Online Desk October 21, 2019 13:47:29

Union Bank Training Institute organized a day-long workshop on ‘Prevention of Money Laundering & Combating Financing of Terrorism’ recently. Hasan Iqbal, CAMLCO & Deputy Managing...

FSIBL arranges biz confce of Rajshahi Zone

FE Online Desk October 21, 2019 13:42:55

The Quarterly Business Conference of Rajshahi Zone of First Security Islami Bank Limited was held on Sunday. The conference was presided over by Mr. Syed Waseque Md. Ali, Managing Director, First Sec...

Mercantile Bank workshop on ‘Cyber Security Awareness’

FE Online Desk October 21, 2019 13:09:39

Mercantile Bank recently organised a workshop titled “Cyber Security Awareness for Senior Management along with the divisional, departmental and unit heads of Head Office” at its training...

BRAC Bank opens service outlet at Wholesale Club

FE Online Desk October 21, 2019 13:03:51

BRAC Bank Limited has inaugurated a service outlet at Wholesale Club Ltd.   Selim R. F Hussain, Managing Director and CEO of BRAC Bank, inaugurated the outlet at Member Service Department (MSD)...

EBL launches co-branded card, prepaid card

FE Online Desk October 21, 2019 13:03:42

Eastern Bank Limited (EBL) jointly with the Wholesale Club, first hypermarket in Bangladesh, have launched co-brand credit, prepaid card and a joint Wholesale Club/EBL Lounge in Dhaka. The private ba...

Sanofi staff issue 48-hour ultimatum for compensation talks

FE Online Report October 21, 2019 12:52:10

Employees of Sanofi Bangladesh Limited on Monday issued a 48-hour ultimatum to the company's country chair and managing director for holding talks with the staff about their compensation demand. In a...