FE Report | 2015-02-13 00:00:00
The government has launched the process of mapping out hydrocarbon deposits in the country's sovereign maritime area before bidding for extracting the resources to ensure country's energy security, said officials. The state-owned Petrobangla floated an international tender this week for...
M Azizur Rahman | 2015-02-13 00:00:00
Borrowing from the International Islamic Trade Finance Corporation (ITFC) to import petroleum products has dropped to less than half over the past three years, although the country's fuel imports rose significantly. Officials said the plummeting oil prices on the international...
Asia's rise to global economic pre-eminence could see China and India leading the world by 2050, with Southeast Asia also making gains, according to PwC. However, Japan, South Korea and Australia are seen slipping down the world rankings without major...
FE Report | 2015-02-13 00:00:00
The ongoing political impasse caused some Tk 78.83 billion loss in tax-revenue collection in the last 36 days, while businesses are incurring Tk 20 billion daily loss during the period, Dhaka Chamber of Commerce and Industry (DCCI) President Hossain Khaled...
COLOMBO, Feb 12 (AFP): Sri Lanka's new government will seek to borrow more than $4.0 billion from the IMF and other international lenders as it "restructures" expensive Chinese debt, the finance minister said on Thursday. Ravi Karunanayake said he was...
NEW DELHI, Feb 12 (Reuters): India and the United States vowed on Thursday to step up joint efforts to halt illicit money flows after revelations that Iranian oil export revenues had been siphoned out of an Indian bank in a...
KUALA LUMPUR, Feb 12 (AFP): Malaysia's economy expanded at a better-than-expected 5.8 per cent in the last quarter of 2014 thanks to strong domestic demand, the central bank said Thursday, helping the country to its best annual performance in four...
LONDON, Feb 12 (AFP): British inflation could turn negative in the next few months and interest rates cut further, Bank of England governor Mark Carney said Thursday, signalling fresh risks to the economy. Inflation is "more likely than not to...
PARIS, Feb 12 (AFP): French carmaker Renault said on Thursday it would create 1,000 permanent jobs in France this year off the back of a strong growth in profits in 2014. Renault posted net profits of 1.89 billion euros ($2.14...
SEOUL, Feb 12 (AFP); South Korea's Hyundai Heavy Industries, the world's biggest shipbuilding firm, reported Thursday a record operating loss in 2014, due to slow demand from European clients and competition from Chinese rivals. The company posted an operating loss...
STOCKHOLM, Feb 12 (AFP): The Swedish central bank sent its base interest rate into unprecedented negative territory on Thursday in a radical move to stop stagnant price levels from slumping into deflation. The bank dropped its zero interest rate to...
Bangladesh conceded a four-wicket defeat against Ireland in the second and last official warm-up match ahead of the ICC Cricket World Cup'2015 at Blacktown Olympic Park Oval in Sydney, Australia Thursday, reports UNB. With this, the Tigers conceded four consecutive...
The Federation Cup Football Tournament, the season's curtain raiser soccer meet, will begin on February 16 (Monday) at the Bangabandhu National Stadium in the city, reports UNB. Defending champions Sheikh Jamal Dhanmondi Club will face Soccer Club Feni in the...
Famed Bangladeshi golfer Siddikur Rahman made a good start in the True Thailand Classic, placed 20th in the first round with 19 other golfers, at the Black Mountain Golf Club in Hua Hin, Thailand Thursday, reports UNB. Michael Hoey of...
Three players-GM Abdullah Al-Rakib of Bangladesh, GM Vahidov Tair of Uzbekistan and Somak Palit of India-shared the top slot in the CJKS-Prime Distributions Group Grandmasters Chess Tournament securing five points each after the 8th round matches at the MA Aziz...
Shahid Sergeant Zahurul Hoque Hall emerged team event champions in the boys group of the 46th Inter-Hall Athletics Competition of Dhaka University (DU) that concluded Thursday on the DU central playground in the city, reports UNB. In the girls group...
SYDNEY, Feb 12 (AFP): Eight Pakistan players, including maverick former captain Shahid Afridi, have been fined for breaching a team curfew ahead of their crucial World Cup game against India, sources told the news agency Thursday. They have also been...
SYDNEY, Feb 12 (AFP): West Indies narrowly avoided an embarrassing World Cup warm-up defeat at the hands of minnows Scotland Thursday, just hanging on to claim a three-run win. The West Indies were mauled by nine wickets by England in...
MELBOURNE, Feb 12 (Reuters): The International Cricket Council will crack down on excessive sledging between players at the World Cup, saying first offenders can expect heavier fines while repeat offenders face suspension from matches. ICC chief executive David Richardson also...
Kohlmann given German Davis Cup captaincy BERLIN, Feb 12: Michael Kohlmann has been appointed captain of the German Davis Cup team with Niki Pilic of Croatia acting as his special advisor, the German Tennis Federation (DTB) announced Thursday. Kohlmann's appointment...
MINSK, Feb 12 (Agencies): Kiev and pro-Russian rebels agreed a peace roadmap Thursday after marathon negotiations in Minsk involving the leaders of France, Germany, Russia and Ukraine. An agreement aimed at ending the fighting in Ukraine has been reached, following...
NAYPYIDAW, Feb 12 (BSS/AFP): Myanmar's government Thursday held a somber ceremony marking the nation's symbolic unification after the colonial era, but a coveted ceasefire with ethnic rebel groups remained out of reach as conflict sweeps across northern borderlands. The quasi-civilian...
SANAA, Feb 12 (Agencies): Yemenis in the capital Sanaa and the central city of Taiz held the largest protests yet against a takeover by a Shia Muslim militia group on Wednesday after the United States, Britain and France shut their...
JAIPUR, Feb 12 (AFP): A Swiss tourist died Thursday of swine flu while visiting India, a local health official said, as the country grapples with an outbreak that has killed more than 400 people since the start of 2015. The...
NIGER, Feb 12 (Reuters): Thousands of civilians fled their homes in the southeastern Niger town of Diffa this week, officials said Thursday, following waves of cross-border raids and suicide bombings by Nigerian militant group Boko Haram. Attacks in Niger are...
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