FE Report | 2015-01-11 00:00:00
Commercial banks in the country are still reluctant to finance small and medium enterprises (SMEs) considering the risks in respect of stringent rules for loans, experts said Saturday. They noted there is ambiguity in the statistics and information on number...
Sonia H Moni | 2015-01-11 00:00:00
A regional pharmaceuticals exhibition concluded in the city Saturday, which has enabled local drug makers to get oriented with cutting-edge technology. The participants said that the seventh Asia Pharma expo 2015 has created an opportunity to interact with professionals, pharmacists,...
Our Correspondent | 2015-01-11 00:00:00
CHITTAGONG, Jan 10: Western Marine Shipyard has secured another new order from the African market. This time the shipyard will build a 33m shallow draft Ro Ro ferry for the government of Uganda. Western Marine Shipyard signed contract with JGH...
Citi awarded best bank in Asia Citi is the best bank in Asia for 2014, according to leading industry publication FinanceAsia. The decision was made by the editorial team at FinanceAsia Magazine and was based on the performance of the...
The government is going to announce Industry Policy soon with a view to attaining the goal of middle income country by 2021, which would require nearly 40 per cent contribution of the industrial sector to the national economy. Industries Minister...
Shamsul Huda | 2015-01-11 00:00:00
The target of installing six million solar home systems (SHSs) in the country and thus generating 220 megawatt (mw) electricity from renewable energy by 2017 can be fulfilled, sources said. Some 3.5 million SHSs were set up across the country...
Our Correspondent | 2015-01-11 00:00:00
CHITTAGONG, Jan 10: The joint president for South Asia, Middle East and African Affairs of the Board of Trade on Thailand and president of Thai-Bangladesh Business Council Mingpant Chaya made a courtesy call on the president of the Chittagong Chamber...
PARIS, Jan 10 (Xinhua): Falling purchases, mainly, of energy products helped France to narrow its trade gap by 25.6 per cent in November to 3.2 billion euors (about US$3.8 billion), customs figures showed on Friday. By the end of November...
KOLKATA , Jan 10 (Reuters): India's state-owned banks need to revamp the process by which they determine employees' performance for better utilisation of talent, a deputy governor of the central bank said on Saturday. "Currently, the PAS (performance appraisal system)...
NAIROBI, Jan 10 (Xinhua): Kenya's largest mobile phone firm Safaricom said on Friday it has slashed roaming charges for subscribers travelling to 21 countries across the world. Safaricom's CEO Bob Collymore said the company which has more than 22 million...
BERLIN, Jan 10 (AFP): ECB board member Sabine Lautenschlaeger has disputed in a magazine interview that the eurozone is now experiencing deflation and expressed scepticism about the central bank buying up sovereign bonds. Markets surged this week as investors bet...
MOSCOW, Jan 10 (AFP): Moscow may ask for early payment on its three billion dollar loan to Ukraine, Russian Finance Minister Anton Siluanov said Saturday, accusing Kiev of violating loan conditions. "Ukraine has violated the conditions of this loan, specifically...
COLOMBO, Jan 10 (Reuters): Sri Lankan central bank governor Ajith Nivard Cabraal resigned on Friday after his close ally, Mahinda Rajapaksa, lost his bid to be re-elected as Sri Lankan president for a third term. "I have tendered my resignation...
VILNIUS, Jan 10 (Xinhua): Lithuania has reached its turning point in the euro changeover yesterday, when the amount of euro in circulation in the Baltic country exceeded the amount of the former national currency litas, the Bank of Lithuania announced...
WASHINGTON, Jan 10 (AFP): The US unemployment rate fell to 5.6 per cent in December, the lowest level in six and a half years, as the country capped its best year for job creation since 1999. In a fresh sign...
BEIJING, Jan 10 (Reuters): The People's Bank of China will continue to maintain "prudent" monetary policy in 2015, keeping credit growth stable while having its hands free to fine-tune policy when necessary, the regulator said in an online statement on...
TOKYO, Jan 10 (Reuters): The Japanese government on Friday approved a $26 billion extra budget for the current fiscal year to fund stimulus spending and help pull the economy out of recession. The 3.118 trillion yen extra budget for the...
BRASÍLIA, Jan 10 (AFP): Inflation in Brazil hit 6.41 per cent in 2014, marginally below a government ceiling of 6.5 per cent but still the highest annual figure since 2011, the National Statistical Institute (IBGE) said Friday. Prices rose in...
BERLIN, Jan 10 (Reuters): German exports fell sharply in November and industrial output also declined, suggesting Europe's largest economy ended 2014 on a weak note. The slowdown in the euro zone anchor both reflected and further fed weakness across the...
Imtiaz Hussain | 2015-01-11 00:00:00
Towards the end of every year, The Economist devotes an entire issue to survey the forthcoming year. As far as broad brushstrokes go, though it cannot grapple with sudden developments, such as the 2014 oil-price collapse or economic sanctions (both...
Maswood Alam Khan | 2015-01-11 00:00:00
Events in Paris last week were beyond anybody's imagination. No expression can capture the horror unleashed by weapons of war in the civil society of France. Murdering 12 French citizens including 10 journalists on Wednesday and killing four hostages later...
That the local pharmaceutical's march towards attaining self-sufficiency in the production of active pharmaceutical ingredients (APIs) is on, augurs well for the industry as a whole. More heartening is the initiative that has gathered pace in recent years to this...
Rahman Jahangir | 2015-01-11 00:00:00
Despite good infrastructures, the country is yet to exploit full potential of using the Union Health and Family Welfare Centres (UHFWCs) effectively for better healthcare at the grassroots level. The family welfare centre is in fact the lowest-level government clinic...
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