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Canada\\\'s main stock index edge higher

2015-01-26 00:00:00

TORONTO, Jan 25 (Reuters): Canada's main stock index edged higher on Friday and recorded a sharp weekly gain as investors welcomed moves by the Bank of Canada and the European Central Bank (ECB) earlier this week. The Canadian central bank...

Photo: Islami Bank Bangladesh Limited (IBBL)

2015-01-26 00:00:00

Photo: Standard Bank Limited

2015-01-26 00:00:00

IPO Diary

2015-01-26 00:00:00

Car sales crash as business bears brunt of blockade

Jasim Uddin Haroon | 2015-01-26 00:00:00

Retail sales of motor vehicles have fallen headlong as a result of the ongoing blockade-hartal programmes since January 5, market sources said, as the political deadlock takes its toll on the economy.        Assemblers and traders said motor vehicles need to...

China investor thrives on wig exports

Yasir Wardad | 2015-01-26 00:00:00

A Chinese investor at Uttara export zone is prospering on the back overseas demand of wig and hair accessories, an official said. Subrata Sarker, deputy general manager of Evergreen Products Factory (BD) Ltd, said its exports of wigs, hair accessories,...

Janata asked to whittle down troubled loans

FE Report | 2015-01-26 00:00:00

State Minister for Finance MA Mannan Sunday advised the state-owned Janata Bank to redouble efforts to reduce bad loans to a 'justifiable' level. His advice came at the inaugural session of the bank's annual conference 2015 at a city hotel....

News Briefs

2015-01-26 00:00:00

Trade fair gets 10-day extension The government has extended the Dhaka International Trade Fair (DITF) 2015 by 10 days, after demand from the participating companies. The fair will continue till February 10, vice-chairman of Export Promotion Bureau (EPB) Shubhashish Bose...

Photo: Infrastructure Development Company Limited (IDCOL)

2015-01-26 00:00:00

Photo: NRB Commercial Bank Limited

2015-01-26 00:00:00

Photo: Bangladesh Plastic Goods Manufacturers

2015-01-26 00:00:00

Photo: India-Bangladesh Chamber of Commerce and Industry

2015-01-26 00:00:00

Welsh looks for new business area in BD

2015-01-26 00:00:00

Welsh businesspeople are looking for business opportunities in a number of areas in Bangladesh, including transfer of skills and knowledge through business relationships. "Challenges will always be forthcoming in business, but as entrepreneurs we see challenges as opportunities, not obstacles,"...

Bridges Division for Tk 93.04b in next FY

FE Report | 2015-01-26 00:00:00

The Bridges Division under the Ministry of Road Transport and Bridges has proposed for an allocation of Tk 93.04 billion in the next fiscal year (FY), an increase of over 6.0 per cent from that of the current FY, officials...

BD for boosting trade among member states

2015-01-26 00:00:00

The fourth Ministerial Meeting on Developing-8 (D-8) Industrial Cooperation begins in the Iranian capital of Tehran today (Monday), reports BSS. Industries Minister Amir Hossain Amu left Dhaka for Tehran on Sunday to attend the three-day meeting. The industries minister will...

10th Int\\\'l Plastic Fair ‘15 begins in city tomorrow

FE Report | 2015-01-26 00:00:00

The 10th International Plastic Fair 2015 will begin in the city tomorrow (January 27) with especial focus on the recycling of plastic goods in the country. The four-day-long fair, jointly organised by the Bangladesh Plastic Goods Manufacturers and Exporters Association...

Meet to share energy-efficient technologies in Tokyo today

2015-01-26 00:00:00

A meeting of about 20 mid- to high-ranking government officials, top managers, and business leaders from 14 countries, including Bangladesh, will be held in Tokyo today (Monday) to discuss energy-efficient technologies, reports UNB. The participants representing countries from across the...

Photo: Bangladesh Development Bank Limited

2015-01-26 00:00:00

Photo: Janata Bank

2015-01-26 00:00:00

Photo: International Customs Day-2015

2015-01-26 00:00:00

exchange rate

2015-01-26 00:00:00

Bank of Japan’s Kuroda praises ‘big decision’ by ECB

2015-01-26 00:00:00

DAVOS, Switzerland, Jan 25  (AFP) : Bank of Japan Governor Haruhiko Kuroda on Saturday urged a Davos panel not to succumb to pessimism over the state of the world economy, as he welcomed the "big decision" by the ECB to...

China should not be judged by GDP alone: Xi Jinping

2015-01-26 00:00:00

BEIJING, Jan 25 (PTI):  Chinese President Xi Jinping Saturday said that China should not be judged by GDP alone, days after the country recorded last year's economic growth at 7.4 per cent, missing the official target and slumping to a...

Japan to host WEF special meeting in October 2016

2015-01-26 00:00:00

DAVOS, Jan 25 (PTI) : Japan will host World Economic Forum's special meeting scheduled to be held in October 2016.  In this regard, a letter of intent was exchanged between WEF Executive Chairman Klaus Schwab and Japanese Minister of Education,...

Venezuela’s currency woes an increasing threat to US corporate profits

2015-01-26 00:00:00

CARACAS, Jan 25 (Reuters) : Venezuela's deepening economic troubles, and in particular the weakness of the bolivar and restrictive currency controls, have hurt US corporate profits for the fourth quarter of 2014 and are set to inflict further pain this...

Vietnam architect’s quest for low-cost housing

2015-01-26 00:00:00

LONG AN, Vietnam, Jan 25 (AFP) : Vo Van Duong's bamboo and coconut leaf house looks much like others deep in Vietnam's Mekong Delta. But unlike them, his seemingly simple abode is designed to withstand typhoons, flooding and earthquakes-and at...

Floods may reduce Mozambique’s economic growth : IMF

2015-01-26 00:00:00

MAPUTO, Jan 25 (Xinhua) :  The International Monetary Fund (IMF) said Sunday that this year's floods in the central and northern regions of Mozambique may compromise the country's economic growth in 2015. Currently, economic growth in Mozambique stands at 7.5...

B Chy threatens hunger strike if dialogue not held

2015-01-26 00:00:00

Bikalpa Dhara Bangladesh president Prof Dr AQM Badruddoza Chowdhury threatened Sunday to go on a hunger strike together with people if the chiefs of the two major parties do not sit in talks within a week, reports UNB. "The country's...

Deal with files promptly, PM asks Public Administration Ministry

2015-01-26 00:00:00

Prime Minister (PM) Sheikh Hasina asked Sunday the Ministry of Public Administration to be prompt in dealing with the files of other ministries and divisions so that their proposals do not face any unnecessary delay, reports UNB. In her introductory...

BNP undermines PMO: AL

2015-01-26 00:00:00

The ruling Awami League (AL) alleged Sunday that the BNP undermined Prime Minister Office (PMO) as Sheikh Hasina was not allowed to meet and console BNP chairperson Khaleda Zia following her younger son's death, reports UNB. "Their (BNP) Saturday's behaviour...