Our Correspondent | 2015-02-04 00:00:00
CHITTAGONG, Feb 3: Desh Shipbuilding and Engineering Ltd has built the first container vessel in Bangladesh that will facilitate inland and coastal trade. MV Rodella is the first container vessel built by any local shipyard for facilitating trading in Chittagong,...
Rezaul Karim | 2015-02-04 00:00:00
The Prime Minister's Office (PMO) has issued a directive to the ministry of finance (MoF) to provide necessary allocations to meet the extra costs of the country's key law-enforcement agencies urgently. The PMO has sent a letter to the senior...
Jasim Uddin Haroon | 2015-02-04 00:00:00
Consumers' spending on food and allied products declined in January. The business circles attributed the decline to the ongoing political turmoil. Many of the food producers said consumer spending now remains at the subsistence level only. They hardly take foods...
FE Report | 2015-02-04 00:00:00
At least 11 people were killed and many others were injured on the 29th day of indefinite countrywide blockade and 3rd day of 72-hour hartal called by the BNP-led 20-party alliance on Tuesday. The hartal and blockade programmes also passed...
FE Report | 2015-02-04 00:00:00
The Secondary School Certificate (SSC) and its equivalent examinations, scheduled for today (Wednesday), have been shifted to next Saturday (February 07). The decision has been taken, as the BNP-Jamaat-led 20-Party Alliance on Tuesday extended its 72-hour general strike by 36...
Shamsul Huq Zahid | 2015-02-04 00:00:00
What should be the price of a 500 gm Ciprofloxacin capsule at the retail level? Major drug manufacturers in the country have priced a piece of the item at around Tk.15. However, a number of little known companies are selling...
FE Report | 2015-02-04 00:00:00
The Anti-Corruption Commission (ACC) has exonerated 27 people, including Prime Minister Sheikh Hasina from Bangabandhu Novo Theatre graft cases. "All the accused in the cases were cleared of charges on January 22. They all had been exempted from the cases...
FHM Humayan Kabir | 2015-02-04 00:00:00
Food inflation has registered a sudden hike as the ongoing political unrest in the country fuelled up the price indices through supply-chain cut, according to latest official findings. The Bangladesh Bureau of Statistics (BBS) data, however, showed Tuesday that the...
Members of Border Security Force (BSF) of India picked up five Bangladeshi cattle traders from border areas in Lalmonirhat and Jessore districts Tuesday. In Lalmonirhat, the BSF members picked up four Bangladeshi cattle traders from Shamshernagar border area of Patgram...
Amid the volatile political situation, a delegation of European Parliament's (EP) Subcommittee on Human Rights(HR) is likely to visit Dhaka from February 17 to 20 to witness human rights situation in the country. The EU Delegation to Bangladesh has already...
Kuwaiti Ambassador Ali Ahmad Ebraheem Al-Dafairi Tuesday said his country was considering a proposal from Dhaka to carry out feasibility studies to install a petroleum refinery in Bangladesh. "The matter is under process," a foreign office statement quoted the envoy...
MUMBAI, Feb 2 (AFP): Indian factory output eased in January to a three-month low as new business slowed down, a key survey showed Monday, suggesting more steps are needed from the government to boost growth. Banking giant HSBC said that...
WASHINGTON, Feb 2 (AFP) : President Barack Obama has put forward a $4 trillion budget loaded with spending and tax reforms that will likely be dead on arrival at the Republican-controlled Congress. Using a healthier economy to turn away from...
JAKARTA, Feb 2 (AFP): Indonesia's inflation rate slowed in January, official data showed Monday, after the cost of fuel in Southeast Asia's biggest economy fell on the back of lower oil prices. Inflation rose 6.96 per cent year-on-year, slowing from...
SEOUL, Feb 2 (Reuters) : Hyundai Motor Co said it will lower the price of its Tucson fuel cell electric vehicle by 43 per cent in South Korea and consider cutting prices of the car overseas to compete with models...
DETROIT, Feb 2 (Reuters) : At least 40 major US companies have substantial exposure to Venezuela's deepening economic crisis, and could collectively be forced to take billions of dollars of write downs, a Reuters analysis shows. The companies, all members...
FRANKFURT, Feb 2 (Reuters) : Intel has agreed to buy German network chipmaker Lantiq for an undisclosed amount to expand its range of chips used in Internet-connected gadgets, the companies said on Monday. The former Infineon unit was bought in...
TOKYO, Feb 2 (AFP) : The dollar struggled against the yen and euro Monday as US and Chinese data disappointed markets, while the euro recovered slightly after falling on fears about the new Greek government's testy talks with international creditors....
NEW YORK, Feb 2 (AFP) : US authorities are investigating the credit rating agency Moody's over its glowing assessments of mortgage deals in the runup to the 2008 financial crisis, The Wall Street Journal reported Sunday. Citing people familiar with...
CAIRO, Feb 2 (Xinhua) :Egypt saw a major increase in tourism revenues in 2014 compared to that of previous years, Egyptian tourism minister Hisham Zaazou said Sunday. Zaazou told reporters in Cairo that the revenues from tourism in 2014 rose...
MUMBAI, Feb 2 (PTI): The Indian rupee weakened by nine paise to 61.95 against the dollar in early trade Monday at the Interbank Foreign Exchange due to high demand for the US currency from importers. Dealers attributed the domestic currency's...
FE Report | 2015-02-03 00:00:00
Stocks tumbled for the consecutive fourth session Monday as ongoing political unrest hit the investors' confidence. The market opened with a free fall and downturn continued till the market closure amid volatile trading. DSEX, the prime index of the Dhaka...
SYDNEY, Feb 2 (AFP): Shanghai stocks tumbled on Monday after two gauges of Chinese manufacturing activity showed contraction in January, while Asian markets were also hit by a sell-off on Wall Street in response to disappointing US growth data. Oil...
bKash Limited Monday signed an agreement with the state-owned mobile phone operator Teletalk Bangladesh Limited which would soon allow the Teletalk users to open bKash wallet and access to mobile financial services offered by bKash. Managing Director of Teletalk Gias...
FE Report | 2015-02-03 00:00:00
IPO lottery of Zaheen Spinning Limited (ZSL) was held Monday at city's Institution of Engineers', Bangladesh (IEB) for allocating shares among the investors, officials said. The result of IPO lottery was also published on the websites of Dhaka Stock Exchange...
MTB Unit Fund NAV disclosed The total NAV of MTB Unit Fund stood at Tk 295,190,892.12 on the basis of cost price and Tk 242,488,188.96 on the basis of market price at the close of business operation on 29 January...
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