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Search results for: trade

Lofty cattle prices drive away online customers

Lofty cattle prices drive away online customers

-- 2020-07-14 15:02:25

Online marketplaces for cattle ahead of Eid-ul-Azha have gained some traction in Bangladesh, but high prices are turning away the potential customers, bdnews24.com reports. For many, the joy of buyin...

UK ban looms over Huawei as revenue growth lags amid US pressure

UK ban looms over Huawei as revenue growth lags amid US pressure

REUTERS 2020-07-14 13:30:07

China's Huawei reported a sharp slowdown in revenue growth on Monday, ahead of Britain's expected decision to ban the company from its 5G telecom networks - a move likely to add momentum to a US campa...

HC upholds BB letter fining One Bank Tk 1.0m

HC upholds BB letter fining One Bank Tk 1.0m

FE REPORT 2020-07-14 10:25:34

The High Court on Monday upheld a Bangladesh Bank letter that fined One Bank Tk 1.0 million on charges of violating Section 15(4) of the Bank Company Act 1991 and keeping its chairman Sayeed Hossain...

China bans import of crab, eel from BD

China bans import of crab, eel from BD

REZAUL KARIM 2020-07-14 10:20:32

China has imposed a ban on import of live mud crab and eel fish from Bangladesh as health hazardous bacteria were found in some consignments along with forged salubrity certificates recently, offici...

US regulators downgrade Pakistan's air safety rating

US regulators downgrade Pakistan's air safety rating

REUTERS 2020-07-14 10:17:44

The US Federal Aviation Administration (FAA) has downgraded Pakistan’s air safety rating after the agency raised concerns about pilot certifications. The decision, disclosed on an FAA spreadshe...

ENOC submits best bid to supply marine fuel

ENOC submits best bid to supply marine fuel

FE REPORT 2020-07-14 10:17:37

Emirates National Oil Company, or ENOC, has submitted the best bid to supply the initial consignments of cleaner marine fuel to Bangladesh. State-run Bangladesh Petroleum Corporation, or BPC, recei...

VAT intel crackdown: Dozens of firms face action

VAT intel crackdown: Dozens of firms face action

FE REPORT 2020-07-14 09:52:34

In its clampdown, the VAT intelligence team has lodged 43 cases against some businesses in the city after detecting different types of irregularities. In four separate inspections, the VAT audit, int...

BTRC to defer 5G auction for pandemic

BTRC to defer 5G auction for pandemic

-- 2020-07-14 09:37:49

Bangladesh Telecommu-nication Regulatory Commission (BTRC) Chairman Jahurul Haque on Monday said its 5G auction, scheduled to be held in next January, will be deferred due to the Covid-19 pandemic. "...

Protecting BD-flagged vessels: Shipping office directive irks foreign carriers

Protecting BD-flagged vessels: Shipping office directive irks foreign carriers

FE REPORT 2020-07-14 09:34:53

A government shipping office has issued a directive for the protection of the Bangladesh-flagged vessels, much to the frustration of foreign shipping liners. Transportation of goods to and from Ban...

NBR to launch online VAT payment system Thursday

NBR to launch online VAT payment system Thursday

-- 2020-07-13 20:06:55

The National Board of Revenue (NBR) is going to launch VAT e-payment system from July 16 (Thursday). The business entities would now be able to make VAT payments to the government exchequer directly...

Google to commit $10 billion to India

Google to commit $10 billion to India

Reuters 2020-07-13 19:39:31

Alphabet Inc’s Google on Monday said it will spend around $10 billion in India over the next five to seven years through equity investments and tie-ups, marking its biggest commitment to a key g...

Selecting AIPs: Application deadline expires Tuesday

Selecting AIPs: Application deadline expires Tuesday

FE ONLINE REPORT 2020-07-13 16:25:25

The deadline to submit applications for selection of the country’s first ever Agricultural Important Persons (AIPs) will expire tomorrow (Tuesday). Earlier, the Ministry of Agricultural (MoA) h...

Bangladesh receives first parcel train carrying dry chilies from India

Bangladesh receives first parcel train carrying dry chilies from India

-- 2020-07-13 14:55:53

Bangladesh has received the first parcel train at Benapole carrying dry Chillies from Andhra Pradesh, India.   Indian Railways dispatched a special parcel train consisting of 16 high capacity par...

Bangladesh starts exporting mangoes to Switzerland

Bangladesh starts exporting mangoes to Switzerland

-- 2020-07-13 13:57:13

Bangladesh has started exporting mangoes to Switzerland thanks to a private initiative. State Minister for Foreign Affairs M Shahriar Alam made the disclosure through a post on his Facebook handle Su...

Smartphone shipments in China fall 16pc in June

Smartphone shipments in China fall 16pc in June

Reuters 2020-07-13 13:18:51

Smartphone shipments in China fell 16 per cent in June compared with a year earlier, according to government data released on Tuesday. The numbers suggest that handset demand in China remains lukewar...

Cattle markets yet to get momentum in Ctg

Cattle markets yet to get momentum in Ctg

OUR CORRESPONDENT 2020-07-13 11:01:25

CHATTOGRAM: Trading at the markets of sacrificial animals in the port city has not yet gained momentum although the Eid-ul-Azha is approaching. Despite a huge supply in the local cattle markets, bu...

Trial tansshipment with India starts this week

Trial tansshipment with India starts this week

NAZIMUDDIN SHYAMOL 2020-07-13 10:09:14

CHATTOGRAM: Chittagong port, the prime sea port of Bangladesh and Kolkata Port Trust (KPT) are being ready for transshipment between the two neighbouring countries. The trial transshipment will start...

Another cargo service rolls out today

Another cargo service rolls out today

MUNIMA SULTANA 2020-07-13 10:05:31

Bangladesh and India launch today another rail cargo service to shift trade of more road-centred goods through this comparatively safer transport system during the coronavirus pandemic. Earlier, bo...

Ship dismantling drops 71pc in Q2 on pandemic

Ship dismantling drops 71pc in Q2 on pandemic

Monira Munni 2020-07-13 09:56:06

Ship dismantling in the country fell by more than 71 per cent in the second quarter of 2020 mainly due to the ongoing coronavirus pandemic, according to a global coalition. Bangladesh brought 20 sc...

S Alam Group pays Tk 2.0b as penalty for power plant delay

S Alam Group pays Tk 2.0b as penalty for power plant delay

M AZIZUR RAHMAN 2020-07-13 09:23:20

The S. Alam Group, one of the country's leading business conglomerates, has paid the government a penalty of Tk. 2.0 billion to keep its deal on building a 1,224 megawatt (MW) coal-fired power plant a...

IPDC to facilitate expansion of MSME financing for BPO industry

IPDC to facilitate expansion of MSME financing for BPO industry

FE Online Desk 2020-07-13 01:00:47

IPDC Finance Limited and Bangladesh Association of Call Center and Outsourcing (BACCO), have collaborated to facilitate the expansion of Micro, Small & Medium Enterprise (MSME) financing for the&n...

Visa, AMEX credit card bills can be paid through bKash

Visa, AMEX credit card bills can be paid through bKash

-- 2020-07-12 21:04:47

Customers have been enabled to pay Visa and AMEX credit card bills through bKash without any extra charge during the Covid-19 crisis. bKash has offered 1.0 per cent instant cashback on paid bill amo...

Huawei to request UK to delay 5G network removal

Huawei to request UK to delay 5G network removal

REUTERS 2020-07-12 15:01:55

China’s Huawei Technologies has requested a meeting with UK Prime Minister Boris Johnson to work out a deal to delay its potential removal from the country’s 5G phone network, the Sunday T...

India in talks with EU for trade deal, open to pact with UK

India in talks with EU for trade deal, open to pact with UK

REUTERS 2020-07-12 12:26:17

India has started trade talks with the European Union (EU) and is open to dialogue with the United Kingdom for a free trade agreement, the trade minister said on Saturday, as Asia’s third larges...

India asks court to stymie potential challenge to Chinese app ban

India asks court to stymie potential challenge to Chinese app ban

REUTERS 2020-07-12 12:14:45

India’s government has petitioned the Rajasthan High Court to stop any of the Chinese companies whose 59 apps it recently banned from obtaining an injunction to block the order, according to two...

Spl facility for import of milk food products withdrawn

Spl facility for import of milk food products withdrawn

FE REPORT 2020-07-12 11:12:49

The government has withdrawn the special facility for the import of different milk food products, officials said. The office of the chief controller of imports and exports (CCIE) under the ministry o...

TCB starts Eid-ul-Azha OMS from today

TCB starts Eid-ul-Azha OMS from today

FE REPORT 2020-07-12 10:42:43

The government is set to launch open market sale (OMS) of key essential items today (Sunday) to keep prices within the buying capacity of the common people ahead of Eid-ul-Azha. Trading Corporation o...

Tourism sector seeks spl incentive package

Tourism sector seeks spl incentive package

FE REPORT 2020-07-12 10:21:55

Business associations in Cox's Bazar demanded a special incentive package in order to overcome the crises in the tourism sector of the country which emerged due to the Covid-19 pandemic. The associat...

Luxury car to fix road potholes!

Luxury car to fix road potholes!

FHM HUMAYAN KABIR 2020-07-12 10:00:44

Dhaka south would procure a pricier jeep, an ambulance and freezers in a project intended to repair potholes and improve signs on the roads, officials said on Saturday. The Dhaka South City Corporati...

Storage bottlenecks: BPC defers oil cargoes in July

Storage bottlenecks: BPC defers oil cargoes in July

M AZIZUR RAHMAN 2020-07-12 09:54:14

The Bangladesh Petroleum Corporation (BPC) deferred two thirds of its import cargoes in July as an attempt to arrange private tanks to store oil went 'abortive'. It will import only four oil cargoes...