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2015-01-21 00:00:00

India's tiger population sees 30pc increase NEW DELHI, Jan 20: India says it now has almost a third more tigers than it did four years ago.Presenting the findings of the latest tiger census, Environment Minister Prakash Javadekar said the tiger...

Photo: VIET NAM : Cardinal Fernando Filoni (R)

2015-01-21 00:00:00

Photo: ISRAEL : Bedouin women

2015-01-21 00:00:00

Dhaka to pay $400m for \\\'sizable’AIIB stake

Syful Islam | 2015-01-21 00:00:00

Bangladesh is ready to pay US$400 million to subscribe a significant stake in the China-mooted Asian Infrastructure Investment Bank (AIIB) in view of its position in global and regional atmosphere of present times, officials said. "Our government's decision is subscribe...

Learning to take the wheel of family firm

A.Z.M. Anas | 2015-01-21 00:00:00

For Farhan Azim, the global financial crisis was both bane and boon. Bane in the sense—it did crush his hope for landing a dream job in the global automobile industry. It was in 2008—or the height of the crisis—when he...

Accord to inspect 200 more garment factories

Monira Munni | 2015-01-21 00:00:00

The Accord will inspect 200 more garment factories that were added to its list after completion of its initial assessment in September last, sources said. On December 17 last, the Accord sought a proposal from the interested firms for carrying...

Garment owners urged not to terminate workers

FE Report | 2015-01-21 00:00:00

State Minister for Labour Mujibul Hoque Chunnu Tuesday called upon all concerned to remain alert against any possible untoward incidents in the country's garment sector amid political turmoil. He suggested the factory owners refrain from taking any sort of decisions...

News Briefs

2015-01-21 00:00:00

New COO of Xpress Money Xpress Money, the world's leading money transfer brand, has announced a strategic development within its senior management team.  Sudhesh Giriyan, who was previously the Vice President and Business Head of the business, has now been...

Photo: Modhumoti Bank Limited

2015-01-21 00:00:00

WPP bag manufacturers eye export market

Arafat Ara | 2015-01-21 00:00:00

Local woven polypropylene (WPP) bag manufacturers are now eying export market as the domestic market has shrunk following the enforcement of Mandatory Jute Packaging Act, said sector insiders. WPP bag producers cannot survive unless they can create overseas market. Some...

ILO lauds RMG\\\'s contribution to Bangladesh economy

2015-01-21 00:00:00

The readymade garment (RMG) sector of the country has been praised for its contribution towards the country's recent robust economic growth. The International Labour Organisation (ILO) in a report made the appreciation, reports BSS. The RMG, which suffered a big...

Growth in Asian region may be around 4.7pc in 2015: ICCB

2015-01-21 00:00:00

The International Chamber of Commerce-Bangladesh (ICC-B) in its current ICCB News Bulletin editorial released on Tuesday mentioned that the overall gross domestic product (GDP) growth in the Asia-Pacific (APAC) region may be around 4.7 per cent in 2015, almost same...

0.15m tonnes sugar remain unsold

2015-01-21 00:00:00

Some 0.15 million tonnes of sugar remain unsold in the country's 15 state-run sugar mills, Industries Minister Amir Hossain Amu told Jatiya Sangsad (JS) on Tuesday, reports UNB. "The amount of unsold sugar was 145,257 tonnes in government-regulated 15 sugar...

Planning Commission meet today

2015-01-21 00:00:00

A meeting of the Planning Commission will be held in the city today (Wednesday) to discuss the way forward for strengthening the Planning Commission and progress towards formulating the upcoming 7th Five Year Plan (2016-2020). Planning Commission Chairperson and Prime...

exchange rate

2015-01-21 00:00:00

Taiwan 2014 export orders hit record thanks partly to iPhone

2015-01-21 00:00:00

TAIPEI, Jan 20 (AFP) : Taiwan's export orders hit a record high of $472.8 billion in 2014 thanks to robust demand for handheld devices including Apple's iPhone 6, government officials said Tuesday. The 6.7 per cent rise over the previous...

Japan, Thai firms invest $10.4b in China’s Citic

2015-01-21 00:00:00

TOKYO, Jan 20 (AFP):  Japanese trading house Itochu said Tuesday that it is teaming up with Thai agricultural giant Charoen Pokphand Group to invest $10.4 billion in Chinese conglomerate Citic Group. The deal would see the pair acquire a 10...

UN warns of growing inequality and joblessness

2015-01-21 00:00:00

GENEVA, Jan 20 (AFP) :  Unemployment will rise by 11 million in the next five years due to slower growth and turbulence, the UN warned on Tuesday. More than 212 million people will be jobless by 2019 against the current...

Photo: NEW DELHI : German Finance Minister Wolfgang Schauble (L)

2015-01-21 00:00:00

Thrust on ensuring financial discipline and accountability

FE Report | 2015-01-21 00:00:00

Country's future accounting and finance professionals must acquire competencies to provide strategic insights, in place of traditional scorekeeping duties, to the firms as their role are shifting from financial controller to financial business partner across the world. This observation was...

66 entities win \\\'ICMAB Best Corporate Awards-2014\\\'

FE Report | 2015-01-21 00:00:00

A total of 66 corporate entities won the "ICMAB Best Corporate Awards-2014" Tuesday for their outstanding performance especially in maintaining corporate governance. Finance Minister Abul Maal A Muhith handed over the awards to the winners as the chief guest at...

BSEC seeks info on ICB Unit Fund

Mohammad Mufazzal | 2015-01-21 00:00:00

The securities regulator has sought detailed information from the Investment Corporation of Bangladesh (ICB) on operational and management aspect of the country's largest and oldest mutual fund--ICB Unit Fund, officials said. Official sources of the Bangladesh Securities and Exchange Commission...

Turnover drops further on DSE

FE Report | 2015-01-21 00:00:00

Stocks on both the bourses Tuesday closed in the negative for the third  consecutive session as major sectoral performance remained mixed amid the ongoing political turmoil, stock brokers said. On the day, the market opened the session with a positive...

News Briefs

2015-01-21 00:00:00

New DMD of Rupali Bank Debasish Chakrabarty has joined Rupali Bank as Deputy Managing Director recently. Bank and financial institutions division of Ministry of Finance issued a letter in this regard. He started career in 1987 at World Bank Project....

Photo: EXIM Bank

2015-01-21 00:00:00

Photo: Standard Bank Limited (SBL) and Dhaka Power Distribution Company Limited

2015-01-21 00:00:00

Capital market spl tribunal judge begins office

Mohammad Ali | 2015-01-21 00:00:00

The judge of the long-awaited special tribunal on the capital market finally assumed Monday his office with its incomplete courtroom, where offenders in share trading are to stand in the dock to face trial "From now on, the judge will...

Chinese stocks rebound after regulator remarks

2015-01-21 00:00:00

SHANGHAI, Jan 20 (Reuters): Chinese shares rebounded on Tuesday from their biggest tumble since the global financial crisis the day before, after the stock regulator denied speculation it had intentionally sought to suppress the market's rally. The market also took...

Sensex, Nifty surge to record high

2015-01-21 00:00:00

MUMBAI, Jan 20 (Reuters): The BSE Sensex and Nifty rose nearly 2 per cent to a record high on Tuesday, gaining for a fourth straight session, as blue chip stocks gained on hopes about the domestic economy, while strong cues...

European shares rise in early trade

2015-01-21 00:00:00

PARIS, Jan 20 (Reuters): European shares rose in early trade on Tuesday, tracking a rally in Asian shares after data showed China's economic growth slowed less than feared. Shares in Unilever bucked the trend, falling 1.7 per cent after the...