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Search date: 05-12-2018 Return to current date: Click here

Liquidity shortfall hits Karmasangsthan Bank

Karmasangsthan Bank has sought finance ministry's assistance in mitigating its liquidity shortfall that turns serious, officials said.The state-run bank has been operating on loans, they said.The bank sought intervention of the Financial Institution Division to ensure investments by different state entities in its term deposit schemes.The financial assistance will help...

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Experts focus on food safety control system to improve public health

The country is badly in need of a well-functioning food safety control system to improve public health and enhance trade of food commodities, experts said at a workshop on Tuesday.They also put special emphasis on enhancement of food analysis capability by setting up laboratories equipped with both modern mechanisms and...

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Flower show begins in city tomorrow

A three-day international flower exhibition kicks off in the capital tomorrow (Thursday), aiming to promote commercial flower production in the country.The exposition styled as 'International Flower Exhibition & Conference 2018' will be held at the Bangabandhu International Conference Centre (BICC) in the city. The Dhaka Chamber of Commerce & Industry...

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BD-India cruise service likely to start in March

Passenger cruise service between Bangladesh and India is likely to start in March next year. Once it is launched, people can travel from Kolkata to Assam or from Bangladesh to Kolkata or Assam by river vessels. "The decision in this regard was taken during a shipping secretary-level meeting between the...

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AIUB holds int'l confce on business, management

The American International University- Bangladesh organised a two-day international conference on business and management in the capital recently, says a statement.Distinguished personalities, including educationists, academicians and high corporate officials attended the programme, titled 'The First AIUB International Conference on Business and Management 2018.University Grants Commission Chairman Prof. Abdul Mannan attended...

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Dr Md Abdul Wohab and Manoj Kanti Bairagi exchanging documents

Director of Bangladesh Agricultural Research Institute (BARI) Dr Md Abdul Wohab and General Manager of Bangladesh Bank (Agricultural Credit Department and Project Director of SMAP) Manoj Kanti Bairagi exchanging documents after signing a memorandum of understanding (MoU) on behalf of their respective organisations at BARI conference room in Gazipur on...

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China grain traders await lower tariffs before US return

BEIJING, Dec 04 (Reuters): China will need to drop steep tariffs it imposed on a range of American farm products earlier this year before it can fulfil its pledge to buy substantial volumes of US goods, said Chinese traders on Monday.China and the United States agreed on Saturday to a...

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Australia’s central bank rates at record-low

SYDNEY, Dec 04 (AFP): Australia's central bank kept interest rates at a record-low on Tuesday as a drop in house prices accelerated.Borrowing costs have stayed at 1.50 per cent since they were last cut in August 2016, when the economy was transitioning away from an unprecedented mining investment boom."The low...

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Euro up, yuan at two-month high

LONDON, Dec 04 (Reuters): The euro rallied above $1.14 on Tuesday as a fall in US Treasury yields encouraged further selling of the dollar, with the yen and trade-linked currencies such as the Chinese yuan also racking up strong gains.Investor jitters about China and the United States' ability to resolve...

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RBI may hold rates steady

MUMBAI, Dec 04 (Reuters): Analysts expect India's central bank to support an economy that is losing momentum by leaving interest rates unchanged at a policy meeting on Wednesday, when just over a month ago most of them had predicted a hike.Having resisted any temptation to jack up rates in October...

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Nissan Infiniti's global sales rise six per cent

TOKYO Dec 04 (Reuters): Global sales of Nissan Motor Co Ltd's Infiniti rose six per cent in November from a year earlier, as the premium brand weathered a deepening market slowdown in China to post strong growth, showed an Infiniti statement seen by Reuters.Infiniti said total volume set a November...

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'SME Day'

Participants of a training workshop on 'Estimate of easy earning-spending and profit-loss' posing on the occasion of 'SME Day' at MIDAS conference centre in the city recently

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