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2015-01-18 00:00:00

Rajasthan shows interest to mimic Bangladesh's anti-poverty model Commerce Minister Tofail Ahmed met Saturday with Rajasthan Chief Minister Vasundhara Raje in Joypur, India and discussed issues of bilateral interest.  He left the country on last week to participate in the...

Photo: Bangladesh Bank Governor Dr Atiur Rahman speaking

2015-01-18 00:00:00

Photo: South Bangla Agriculture and Commerce (SBAC) Bank Limited

2015-01-18 00:00:00

Planning ministry to finalise Revised ADP soon

2015-01-18 00:00:00

The Ministry of Planning is trying hard to finalise the Revised Annual Development Programme (ADP) for the current fiscal year (FY) within January or February, ahead of the usual time, with a view to achieving better development outcomes. The ministry...

Govt to formulate policy, guidelines for IT sector

2015-01-18 00:00:00

The government in association with the US-based consulting firm, Tholons, will formulate a policy strategy and guidelines for the country's information technology (IT) sector to help achieve US$1.0 billion IT export by 2022. "The policy strategy and guidelines would create...

BR bears brunt of blockade

2015-01-18 00:00:00

With the ongoing countrywide non-stop blockade enforced by the BNP-led 20-party alliance, Bangladesh Railway (BR) has been counting a massive loss of Tk 3.0-4.0 million a day, according to the officials. Train services across the country have severely been affected...

Japan inks $275m loan deal to expand Kenyan port

2015-01-18 00:00:00

MOMBASA, Kenya, Jan 17 (Xinhua): Kenya and Japan on Friday signed a US$275 million loan to fund the second phase of Mombasa port expansion. National Treasury Cabinet Secretary Henry Rotich said the loan will fund the development of the port...

45,000 women become self-reliant thru embroidery, mini garments

2015-01-18 00:00:00

RANGPUR, Jan 17 (BSS): About 45,000 rural women have achieved self-reliance in the northern districts through mini garments, embroidering, spangling saree and ornamental stitching on female clothes in recent years. The prospective ventures have been expanding fast attracting more unemployed,...

Photo: Civil Aviation and Tourism Minister Rashed Khan Menon and Housing and Public Works Minister Mosharraf Hossain inaugurating

2015-01-18 00:00:00

Photo: ABU DHABI, United Arab Emirates: (L to R) Adnan Amin, director-general of the International Renewable Energy Agency (IRENA)

2015-01-18 00:00:00

Japan PM pledges $2.5b in Mideast aid

2015-01-18 00:00:00

CAIRO, Jan 17 (AFP): Japanese Prime Minister Shinzo Abe pledged Saturday $2.5 billion in humanitarian and development aid for the Middle East as he launched a regional tour that includes visits to Jordan and Israel. In a speech in Cairo,...

Swiss central bank defends franc move despite turbulence

2015-01-18 00:00:00

GENEVA, Jan 17 (AFP) : Switzerland's central bank on Saturday stood by its shock decision to let the franc soar, insisting the subsequent turbulence rocking global markets and the Swiss economy since the move would eventually subside. "This was not...

Moody\\\'s cuts Russia debt rating one notch

2015-01-18 00:00:00

WASHINGTON, Jan 17 (AFP) : Moody's cut Russia's credit rating to one step above junk level Friday and warned the country was under review for a further downgrade. Moody's said that the plunge in oil prices and in the ruble...

Gasoline dampens US inflation

2015-01-18 00:00:00

WASHINGTON, Jan 17 (Reuters): US consumer prices recorded their biggest drop in six years in December and a gauge of underlying inflation was flat, which could make the Federal Reserve more cautious about raising interest rates. The Labor Department said...

Libya central bank urges tough spending cuts

2015-01-18 00:00:00

BENGHAZI, Libya, Jan 17 (AFP): Libya's central bank Thursday called for tough measures in order to halt spending that saw the 2014 budget deficit reach a staggering $18.6 billion, as oil revenues dwindle. "Immediate and urgent steps are needed, no...

Gasoline dampens US inflation

2015-01-18 00:00:00

WASHINGTON, Jan 17 (Reuters): US consumer prices recorded their biggest drop in six years in December and a gauge of underlying inflation was flat, which could make the Federal Reserve more cautious about raising interest rates. The Labor Department said...

Libya central bank urges tough spending cuts

2015-01-18 00:00:00

WASHINGTON, Jan 17 (Reuters): US consumer prices recorded their biggest drop in six years in December and a gauge of underlying inflation was flat, which could make the Federal Reserve more cautious about raising interest rates. The Labor Department said...

ECB compromises with Germany over QE programme: FT

2015-01-18 00:00:00

LONDON, Jan 17 (AFP) : The European Central Bank will introduce quantitative easing next week but in a manner that shares risks among all eurozone nations, following concerns from Germany, the Financial Times reported Saturday. The ECB holds its first...

Argentina loses appeal against WTO imports ruling

2015-01-18 00:00:00

GENEVA, Jan 17 (AFP): Argentina has lost its appeal at the World Trade Organisation against the body's ruling that it had broken global trade rules in a dispute with its EU, US and Japanese partners, a WTO decision published Thursday...

Google in talks to buy mobile-payments company Softcard

2015-01-18 00:00:00

BRUSSELS,  Jan 17 (Reuters) : Google Inc is in talks to buy mobile-payments company Softcard, technology news website TechCrunch reported on Friday, citing people familiar with the matter. The deal could help pair Google with the largest US wireless carriers...

Photo: CARACAS, Venezuela : People queue up outside a supermarket in Caracas

2015-01-18 00:00:00

Photo: BANGKOK: This picture taken recently shows people riding motorbikes in Bangkok.

2015-01-18 00:00:00

Changes in rules of book building system in the offing

FE Report | 2015-01-18 00:00:00

The securities regulator again will bring changes in the rules of book building (BB) system to curb alleged 'nexus' of fixing indicative price of the companies willing to go public under such system, officials said. An official of the Bangladesh...

DBI offers course for cos to improve efficiency

2015-01-18 00:00:00

DCCI Business Institute (DBI) inaugurated International Certificate/ Diploma course on Modular Learning System in Supply Chain Management (MLS-SCM(P)) at DCCI auditorium in the city Saturday. This course is beneficial for the companies to improve image, efficiency, competitiveness, profitability and growth...

MTB Unit Fund NAV disclosed

2015-01-18 00:00:00

The total NAV of MTB Unit Fund stood at Tk   295,328,946.86 on the basis of cost price and Tk 253,881,323.00 on the basis of market price at the close of business operation on 15 January 2015. The face value per...

Vice Chairman of Sonali Life re-elected

2015-01-18 00:00:00

Fauzia Quamrun Tania was re- elected as the Vice Chairman of Sonali Life Insurance Company Ltd in the 7th meeting of the Board of meeting of the company. Fauzia is also the Managing Director of Imperial Sweater Bangladesh Limited, a...

Photo: Premier Bank Ltd.

2015-01-18 00:00:00

Photo: National Bank Limited

2015-01-18 00:00:00

Photo: FAS Finance & Investment Ltd.

2015-01-18 00:00:00

Photo: Meghna Petroleum Ltd

2015-01-18 00:00:00