Our Correspondent | 2014-12-09 00:00:00
CHITTAGONG, Dec 8: Director of Dhaka Bank Abdulla al Ahsan and other officials visited Saad Musa Industrial Park at Anwara opposite the port city on Sunday. Mr Ahsan said the industries set up at the exclusive industrial park have been...
MUMBAI, Dec 8 (Reuters): Indian shares posted their biggest falls in 7-1/2 weeks on Monday, as IT services exporter Infosys Ltd slumped after its founders sold the company's stock, while metals and mining firms tumbled on data showing an unexpected...
Union Capital wins SAFA Awards Union Capital Limited, one of the leading Financial Institutions has won the 1st Runner Up prize of South Asian Federation of Accountants (SAFA) 'Best Presented Annual Report Awards and SAARC Anniversary Award for Corporate Governance...
Withdrawal of authorised representative Shahjahan Securities Shahjahan Securities Limited, DSE TREC No. 64, has withdrawn one of its authorised representatives, Mr. Abul Fattah Mohammad Monzur, with immediate effect. Response to DSE query Premier Leasing & Finance Limited In response to...
HONG KONG, Dec 08 (AFP): Asian shares closed mixed to higher Monday after a better-than-expected jump in US jobs creation, while weak Chinese trade figures fanned talk Beijing will introduce further economy-boosting measures. The dollar dipped slightly against the yen,...
HONG KONG, Dec 08 (AFP): Dalian Wanda Commercial Properties Co., controlled by Chinese billionaire Wang Jianlin, plans to raise up to $3.8 billion in what would be Hong Kong's biggest listing this year, financial media reported Monday. The Chinese shopping...
Yasir Wardad | 2014-12-09 00:00:00
Bangladesh's jute and jute goods exports to India may be hit hard after the neighbouring country has moved to phase out a law governing jute use, exporters fear. Indian English newspaper The Hindu on Saturday reported the government of India...
FE Report | 2014-12-09 00:00:00
Experts on Monday recommended establishment of a 'global secretariat' with representatives of buyers, suppliers and workers to look into wages, prices and production cost-related issues of readymade garment (RMG) industry. The suggestion came at a seminar on 'Reinventing the Apparel...
Shah Alam Nur | 2014-12-09 00:00:00
Some 0.3 million illicit connections along some 250-kilometre pipelines under a state-owned company are gobbling up a huge amount of gas, affecting mainstream industrial production and household usage, officials and industry leaders said. Most of the illegal gas-distribution channels are...
Four companies from the country's readymade garment (RMG) sector have joined the "Partnership for Sustainable Textile" initiated by German Federal Development Minister Dr Gerd Mueller. The four companies are: DBL Group, Niagara Textiles Ltd, Saiham Knit Composite Ltd. and JMS...
Janata Bank gets new chairman Shaikh Md Wahid-uz-Zaman has recently joined Janata Bank Limited as its chairman. He is a former principal secretary of the Prime Minister's Office. He joined the Bangladesh Civil Service (Admin) Cadre in March, 1979. He...
Monira Munni | 2014-12-09 00:00:00
Local apparel manufacturers have started getting financial support from the IFC-VF Corporation for addressing fire, electrical and structural flaws of inspected readymade garment (RMG) units. Under a joint remediation support, the IFC and the VF disbursed the first round of...
Qatar has proposed to open an office in Bangladesh to boost its export, especially urea fertiliser, liquefied natural gas (LNG) and petrochemical products. Qatar Ambassador in Dhaka Abdullah Abdul Aziz Al Mana came up with the proposal when he met...
M/s HM Zipper (BD) Company Limited, a Chinese company, is going to establish a zipper manufacturing industry involving US$8.0 million in Mongla Export Processing Zone (EPZ). In this connection, an agreement was signed between Bangladesh Export Processing Zones Authority (BEPZA)...
Bangladesh Petroleum Corp (BPC) has finalised imports of 2.5 million tonnes of gasoil and 840,000 tonnes of fuel oil with 10 suppliers for 2015, two company sources said Monday, reports Reuters. State-owned BPC imported 2.85 million tonnes of gasoil and...
Bangladesh delegation is making its sincere efforts at the Peru World Climate Summit as one of the world's most vulnerable countries to adverse impact of climate change aiming to get maximum benefit from the summit. It is vital for vulnerable...
Bangladesh Bank (BB) has relaxed the rules for transaction in taka-denominated accounts owned by foreign citizens who once resided in Bangladesh, but now live in their home country. According to a circular of the central bank issued on Monday, such...
JAKARTA, Dec 8 (Reuters): Indonesia is planning to review the running of its state-owned enterprises (SoEs), a minister said on Monday, the latest move in a series of reforms aimed at boosting confidence in Southeast Asia's biggest economy. State Enterprises...
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