AHMEDABAD, Nov 29 (Business Standard): BSE Brokers' Forum, the association of brokers of the Bombay Stock Exchange (BSE), has been allocated an additional space of 0.15 million square feet of Built Up Area (BUA), at the Gujarat International Finance Tec-City...
NEW DELHI, Nov 29 (Reuters): The government plans to raise about 891.2 billion rupees ($14.4 billion) by reducing its stakes in state-run banks to 52 per cent, the junior finance minister said on Friday, sending shares of state lenders higher....
MUMBAI, Nov 29 (Business Standard): The Securities and Exchange Board of India (Sebi) on Friday imposed a penalty of Rs 10 million on six investment banks that handled the initial public offering (IPO) of rating agency Credit Analysis and Research...
HONG KONG, Nov 29 (Reuters): Hong Kong shares ended November slightly down, despite an ongoing rally in mainland indexes and in Hong Kong-listed Chinese companies. China stock indexes rose for the seventh straight session on Friday and posted their biggest...
Badrul Ahsan | 2014-11-30 00:00:00
Poor development work by the government and downtrend in private investments have thrown mild steel (MS) rod millers' business into an uncertainty, industry insiders said. Bangladesh's annual demand for quality rod is estimated at more than 2.5 million tonnes, of...
A.Z.M. Anas, back from USA | 2014-11-30 00:00:00
A senior U.S. official has voiced his dismay at the government's treatment of Prof Muhammad Yunus, saying the microfinance bank the Nobel laureate founded has played a critical role in paring back extreme poverty in Bangladesh. "He (Yunus) is an...
PM inaugurates 11 dev projects in Habiganj HABIGANJ, Nov 29 : Prime Minister Sheikh Hasina inaugurated 11 development projects as well as laid the foundation stones of some other projects here on Saturday. The inaugurated development projects are Habiganj Modern...
FE Report | 2014-11-30 00:00:00
Unnayan Onneshan (UO), a multidisciplinary think-tank, in its November, 2014 issue of Bangladesh Economic Update cautioned Saturday that limited access to available, affordable and reliable sources of energy puts risk on energy security. Shortage of power supply, depletion of gas...
Removal of various barriers to the growth of small and medium enterprises (SMEs) in the agro-processing sector of Bangladesh can facilitate earning of vast foreign exchange. Owners of agro-SMEs at a divisional meeting organised by the Bangladesh Agro-Processors' Association (BAPA)...
FE Report | 2014-11-30 00:00:00
Housing and public works minister Engineer Mosharraf Hossain said Saturday that government will build apartments for slum dwellers who can own it on payment of only Tk 260 daily for a period of 20 years. "We will build apartments for...
A Track 2 initiative between Kolkata and Kunming, declared sister cities by India and China, has stressed on opening up the proposed Bangladesh-China-India-Myanmar (BCIM) growth corridor. "With great importance to the BCIM growth corridor, K2K will encourage various aspects of...
The Saarc member states will be pitching for investments in ambitious rail, road and waterway projects proposed for the region by reaching out to the member states, observers and other bilateral and multilateral donors. A significant progress was made in...
CAIRO, Nov 29 (Reuters): Egypt has paid back $2.5 billion that Qatar deposited with it to help prop up the Egyptian central bank's hard currency reserves, a central bank official said on Friday night, as the Qatari foreign minister arrived...
CARACAS, Nov 29 (AFP):Venezuelan President Nicolas Maduro ordered his government on Friday to slash the budget of his oil-dependent and economically-weak nation, as crude prices plunge after OPEC held output steady. The leftist leader called for a "substantial reduction" of...
KUALA LUMPUR, Nov 29 (AFP) : Striken Malaysia Airlines apologised Saturday for a year-end promotion tweet that sparked anger on Twitter after it inadvertently drew parallels with the still-missing MH370 flight. "Want to go somewhere but don't know where?" read...
NEW YORK, Nov 29 (Reuters) : The Federal Reserve's latest market proposal could help it smoothly raise interest rates and bring far more banks into direct contact with the US central bank in a way that another tool, unveiled last...
OTTAWA, Nov 29 (AFP) : Canada's economy slowed in the third quarter despite gains in most sectors, the government statistical agency announced Friday, but growth still beat forecasts. Growth dipped to 0.7 per cent in the quarter following a revised...
BERLIN, Nov 29 (Xinhua) : The Bundestag, Germany's lower house of parliament, approved Today the budget for 2015, which foresees a balanced bottom line for the country's public finances. It is the first time that Berlin won't take on any...
WEST HARTFORD, Nov 29 (Reuters) : Mall crowds were relatively thin on Black Friday in a sign of what has become the new normal in US holiday shopping: the mad rush is happening the night of Thanksgiving and more consumers...
LONDON, Nov 29 (Reuters) :Vodafone is reviewing potential acquisitions, including of Europe's leading cable operator Liberty Global , to counter the pending consolidation among rivals in Britain, five people close to the matter said. The internal deliberations at the world's...
BEIJING, Nov 29 (Bloomberg): China asked state-owned companies to investigate risks associated with commodity trading, said people familiar with the matter, as the government seeks to avoid losses amid a price slump for raw materials. The State-owned Assets Supervision and...
RIO DE JANEIRO, Nov 29 (Bloomberg): A worker fills a customer's car with gasoline at a Petroleo Brasileiro SA (Petrobras) station in Rio de Janeiro, Brazil, Petrobras is investing $221 billion between 2014 and 2018 to accelerate production at the...
LONDON, Nov 29 (AFP): Crude oil prices hit four-year lows this week after OPEC held output levels despite global oversupply, in a move perceived by some analysts as an attack on booming US shale energy. Heavy falls in the oil...
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