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Sensex edges up on hopes of rate cut

2014-11-27 00:00:00

MUMBAI, Nov 26 (Reuters): The BSE Sensex and Nifty edged up on Wednesday, gaining for a fourth session in five, led by blue chips on continued hopes the central bank would follow other countries such as Japan and China in...

Building per km polders cost Tk 150-200m: Minister

2014-11-27 00:00:00

Water Resources Minister Barrister Anisul Islam Mahmud on Wednesday said Tk 150 million to 200m will be needed to build a kilometre of coastal or river embankment to stop erosion with a view to protecting lives and property of local...

Photo: Bank Asia

2014-11-27 00:00:00

Photo: Delta Brac Housing Finance Corporation Ltd. (DBH)

2014-11-27 00:00:00

IPO Diary

2014-11-27 00:00:00

50pc decline in new potato prices

FE Report | 2014-11-27 00:00:00

Prices of early variety potato declined nearly by 50 per cent in just three days following increase in supply from the growing hubs, traders said. Newly harvested potato, which sold at Tk 80-120 per kg a few days back, reduced...

Training on vegetable farming

2014-11-27 00:00:00

Nari Unnayan Shakti (NUS) recently organised a training programme on 'Vegetable farming and Marketing' with the participation of local farmers at Daulatpur, Kushtia. Alhaj Rezaul Hoque Chowdhury, Member of Parliament attended the event as the chief guest. The Executive Director...

Oil prices mixed ahead of OPEC meeting

2014-11-27 00:00:00

SINGAPORE, Nov 26 (AFP):  Oil prices were mixed in Asia Wednesday as speculation swirls that the OPEC oil cartel will maintain output at this week's closely watched meeting despite a global supply glut. US benchmark West Texas Intermediate (WTI) for...

People aged 60 or above are senior citizens

2014-11-27 00:00:00

In line with the UN policy, President Abdul Hamid on Thursday declared the country’s people aged 60 years or above as senior citizens. "Through today's programme, I’m declaring all the respected elderly people of the country as senior citizens to...

Gold holds near $1,200

2014-11-27 00:00:00

SINGAPORE, Nov 26 (Reuters): Gold struggled to build on overnight gains on Wednesday as equities rose on optimism over the US economy, while traders nervously awaited cues from the dollar and a Swiss referendum on central bank gold reserves. The...

Global Commodity Prices

2014-11-27 00:00:00

BD moves again to sign transit deal with Bhutan

Syful Islam | 2014-11-27 00:00:00

Bangladesh has now again moved to sign a bilateral transit deal with land-locked Bhutan aiming at smooth transportation of goods to and from there, official sources said. The fresh move, taken again after one-year pause, was made last week when...

More liberalisation of trade-related policies needed to attract FDIs

2014-11-27 00:00:00

The country now needs to accelerate its GDP growth to over 8.0 per cent and maintain the present remittance growth to become a middle-income country by 2021, said the International Chamber of Commerce-Bangladesh (ICCB) on Wednesday, reports UNB. Despite having...

Chevron keen to invest $650m more in oil, gas exploration

M Azizur Rahman | 2014-11-27 00:00:00

US oil and gas giant Chevron is eyeing to invest more in oil and gas exploration activities in Bangladesh to meet the country's mounting energy demand, Chevron Bangladesh President Geoffrey Strong told the FE Tuesday. Chevron has already invested around...

News Briefs

2014-11-27 00:00:00

Tofail leaves for Turkey Commerce Minister Tofail Ahmed left the capital on Wednesday morning to participate in the 30th session of the Committee for Economic and Commercial Co-operation of the Organisation of the Islamic Cooperation (COMCEC) in Istanbul, Turkey. He...

Photo: Heads of the government of the SAARC-member countries

2014-11-27 00:00:00

Photo: Pubali Bank Ltd

2014-11-27 00:00:00

Photo: State Bank of India (SBI)

2014-11-27 00:00:00

Bangladesh for planning policies to utilise natural resources properly

2014-11-27 00:00:00

Bangladesh in the Group 77 (G-77) meeting to be held in Tarija, Bolivia between tomorrow (Friday) and Saturday will call upon the member countries to formulate policies and related laws on priority basis for the proper utilisation of natural resources....

Internet-based income making device for jobless youths stressed

2014-11-27 00:00:00

Internet-based income generating opportunities for unemployed youths seen vital for making them economically self-reliant. State Minister for Information and Communication Technology (ICT) Division Zunaid Ahmed Palak made the observation while addressing a seminar titled "Learning and Earning: new possibility of...

Photo: Ansar-VDP Unnayan Bank

2014-11-27 00:00:00

exchange rate

2014-11-27 00:00:00

Japan\\\'s war on deflation faces its toughest battle

2014-11-27 00:00:00

TOKYO, Nov 26 (AFP) : As Japanese Prime Minister Shinzo Abe heads to the polls next month, the success of his war on deflation hinges on convincing people like 24-year-old Ryo Tatemichi to shrug off fears about the future and...

Merkel backs ‘in principle’ EU plan to revive economy

2014-11-27 00:00:00

BERLIN, Nov 26 (AFP) : German Chancellor Angela Merkel said Wednesday she backed a new multi-billion-euro European Commission plan to kickstart the EU's flagging economy, if the funds are invested wisely. "The German government supports in principle the package submitted"...

Eurozone stimulus hopes push equities higher

2014-11-27 00:00:00

LONDON, Nov 26 (AFP): Lingering eurozone stimulus hopes lifted European stock markets on Tuesday, with sentiment buoyed also by upbeat German data and bumper gains elsewhere, dealers said. In mid-afternoon trade, London's benchmark FTSE 100 index rose 0.10 per cent...

US economy grew robust 3.9pc in third quarter

2014-11-27 00:00:00

WASHINGTON, Nov 26 (AFP): Growth in the US economy in the third quarter was far stronger than thought, official data showed Tuesday, further distancing the United States from the ailing eurozone and Japan. The world's largest economy clocked a 3.9...

Dollar\\\'s yen rally stalls in Asia

2014-11-27 00:00:00

TOKYO, Nov 26 (AFP) : The yen rose against the dollar Wednesday as a recent sell-off in the unit ran out of steam following mixed US economic data, while Japan's top central banker raised concerns about its weakness. In Tokyo,...

Tigers seal ODI series against Zimbabwe

2014-11-27 00:00:00

Bangladesh clinched the five-match Bashundhara Cement One Day International (ODI) series beating Zimbabwe by 124 runs in the third match at the Sher-e-Bangla National Cricket Stadium in the city Wednesday, reports UNB. Chasing a target of mammoth 298 runs, the...

Dist, div sports organisers elect Nasir president, Miku sec-gen

2014-11-27 00:00:00

AZM Nasiruddin of Chittagong and Ashiqur Rahman Miku of Narail have been elected president and secretary general of Bangladesh District and Divisional Sports Organisers Council in the 5th annual general meeting of the council in Cox's Bazar, reports UNB. General...

Hughes fights for life

2014-11-27 00:00:00

SYDNEY, Nov 26 (AFP): Australian batsman Phillip Hughes was to have more scans Wednesday after surgery to relieve pressure on his brain as players rallied around the bowler who inflicted the damage. The 25-year-old, who was pressing for a Test...