Trade & Commerce

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    Iran says Saudi Arabia, Russia have taken oil market ‘hostage’

    Reuters . London | Updated at 01:09am on September 16, 2018

    Iran’s OPEC governor said on Saturday that Saudi Arabia and Russia have taken the oil market ‘hostage’ as US president Donald Trump seeks to impose...

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    Trump ‘readies’ tariffs on $200b more Chinese goods despite talks

    Reuters . Washington | Updated at 01:08am on September 16, 2018

    US president Donald Trump has directed aides to proceed with tariffs on about another $200 billion of Chinese goods, despite treasury secretary Steven Mnuchin’s attempts...

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    US-Bangla to add 2 Boeing 737-800 to its fleet in November

    United News Bangladesh . Dhaka | Updated at 10:41pm on September 15, 2018

    US-Bangla Airlines is set to add two new Boeing 737-800 aircrafts to their fleet by November, according to a press release issued on Saturday....

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    Steel corps gets Tk 89 crore to retain Bangladesh Honda’s 30pc share

    Staff Correspondent | Updated at 10:36pm on September 15, 2018

    The finance ministry has allocated Tk 89.67 crore to the state-owned Steel and Engineering Corporation for payment of installment for 30 per cent of shares...

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    Govt to award CIP status only to actual exporters

    Jasim Uddin | Updated at 10:33pm on September 15, 2018

    The government has decided to amend the existing policy on CIP (export) status aiming to include exporters of services and exclude ex-officio trade body leaders....

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    InterContinental Dhaka commercial operations begin early Nov

    Staff Corresponent | Updated at 12:05am on September 13, 2018

    Commercial operations of InterContinental Dhaka, formerly known as Sheraton and then as Ruposhi Bangla, may start in early November though the hotel is set to...

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    Trade deficit widens by 12pc in July

    Staff Correspondent | Updated at 12:05am on September 13, 2018

    Country’s trade deficit widened further in July, the first month of the current fiscal year (2018-2019), maintaining the last fiscal year’s trend, as import payments...

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    178 businesspersons get CIP status

    United News of Bangladesh . Dhaka | Updated at 09:02pm on September 03, 2018

    A total of 178 businesspeople were recognised on Monday as Commercially Important Persons by the commerce ministry for their contribution to the economic growth of...

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    Prices of ginger increase in capital

    Staff Correspondent | Updated at 12:05am on September 01, 2018

    The prices of ginger went up in the city’s kitchen markets over the week ending Friday due to a supply shortage of the item, traders...

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    Businesses snap up rawhides at throwaway prices on govt move

    Staff Correspondent | Updated at 10:21pm on August 24, 2018

    People across the country were forced to sell very cheaply rawhides of the animals they sacrificed during Eid-ul-Azha as the government set lower prices for...