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IMF: Insecurity poses risk to Mideast economic growth

2014-10-29 00:00:00

Dubai, Oct. 28 (Xinhua): Economies in the Middle East and North Africa region are expected to grow by 2.6 percent in 2014, but the economic situation is delicate due to the various security crisis proliferating in the region, the International...

BD-US Partnership Dialogue provides opportunity to deepen ties

2014-10-29 00:00:00

The United States has said the Bangladesh-US Partnership Dialogue that is set to begin Tuesday provides the opportunity to expand the robust bilateral relationship between the two countries, reports UNB. Bangladesh, which lies at the crossroads of South and East...

JS body for action against errant Hajj agencies

2014-10-29 00:00:00

A parliamentary watchdog at a meeting on Tuesday recommended taking legal action against the hajj agencies involved in anomalies and corruption in their hajj management, reports UNB. The Parliamentary Standing Committee on Religious Affairs Ministry came up with the recommendation...

NBR roadmap to raise tax-GDP ratio by 4.0pc

Doulot Akter Mala | 2014-10-29 00:00:00

The National Board of Revenue (NBR) moves to make a roadmap for raising the country's tax-GDP ratio by 4.0 per cent in the next four years at government's directive.    Officials said the revenue agency made the move following a directive...

Global Commodity Prices

2014-10-28 00:00:00

AIIB could plug Dhaka\\\'s long-term financing gap, says ESCAP official

Mohammad Ali | 2014-10-28 00:00:00

The new Asian Infrastructure Investment Bank (AIIB) is expected to meet the long-term financial needs of small economies like Bangladesh, helping them to improve infrastructure, a United Nations official said. "To address the major challenge of financial shortage in developing...

Dhaka reelected ITU council member

FE Report | 2014-10-28 00:00:00

Bangladesh has been reelected a council member of the International Telecommunications Union (ITU) from the Asia Pacific region for the term through 2018. The elections were held on Monday in a conference held in Busan, South Korea. The foreign ministry...

News Briefs

2014-10-28 00:00:00

Promotion, changes in NBR The National Board of Revenue (NBR) on Monday promoted three additional commissioners as commissioners and also reshuffled posts of more than two dozen commissioners of income tax wing. In a circular, the board said Md Abdul...

Photo: Business Initiative Leading Development (BUILD)

2014-10-28 00:00:00

BB governor suggests preparing plan

FE Report | 2014-10-28 00:00:00

Bangladesh Bank (BB) Governor Dr Atiur Rahman Monday called for making a business plan to engage corporate entities, including banks and other financial institutions, with the academia for grooming enlightened professionals. His call was directed toward the authorities of Dhaka...

Boosting BD-SL bilateral trade stressed

FE Report | 2014-10-28 00:00:00

Bangladesh and Sri Lanka could increase mutual trade through diversifying the trading items that will help narrow the trade gap between the two countries, said businessmen of both the countries in the capital Monday.   They also laid emphasis on strengthening...

Germany reassures support to Bangladesh RMG sector

2014-10-28 00:00:00

The German government reassured its continuous support to Bangladesh readymade garment (RGM) sector with providing training and sharing expertise and experience for improvement of safety standards and workers' rights. "With our development cooperation Germany will continue to support Bangladeshi companies...

Photo: Social Islami Bank

2014-10-28 00:00:00

Islamic world urged to work out plan for rapid progress

2014-10-28 00:00:00

President Abdul Hamid on Tuesday urged the Islamic world to seriously think about a new development plan and a framework of cooperation for their rapid economic progress. The President said this while speaking at the opening of 10th World Islamic...

Photo: Jamuna Bank

2014-10-28 00:00:00

Pan-Pacific trade pact taking shape: Australia

2014-10-28 00:00:00

SYDNEY, Oct 27 (AFP) : Australia's Trade Minister Andrew Robb said Monday the shape of an ambitious pan-Pacific trade agreement was "crystallising", with the 12 nations involved making further progress on market access negotiations. Robb said at the end of...

Hakim Ali made World Food Travel Assoc envoy

2014-10-28 00:00:00

HM Hakim Ali, president of Bangladesh International Hotel Association (BIHA), chairman of Bangladesh Foundation for Tourism development (BFTD) and owner  of Hotel Agrabad, Chittagong, has been appointed  as the ambassador to the "World Food Travel Association".  It was confirmed  by...

China, Singapore to start direct currency trading

2014-10-28 00:00:00

SHANGHAI, Oct 27 (AFP) : China will begin trading its yuan currency directly with the Singapore dollar on Tuesday, the national foreign exchange market operator said, in the latest move to promote international use of Beijing's unit. The Singapore dollar...

Tesla offers leasing options for new Model S in US

2014-10-28 00:00:00

Hawthorne, California, Oct 27  (Reuters) : Tesla Motors Inc  unveiled a leasing policy for its new Model S with an option for buyers in the United States to return the car within three months of purchase. US Bank will offer...

exchange rate

2014-10-28 00:00:00

Stocks see buying spree on large cap issues

FE Report | 2014-10-28 00:00:00

Stocks turned around Monday after witnessing correction in the last three consecutive sessions with turnover remained sluggish as the investors went for late hours buying spree on large cap stocks. Analysts said that the corporate earnings are directing market movement....

News Briefs

2014-10-28 00:00:00

MetLife Alico to bring Shariah-compliant insurance solutions American Life Insurance Company (MetLife Alico), launched Monday a new insurance plan to bring Shariah-compliant insurance solutions to the people whose religious values and beliefs are an integral part of their financial decision...

Photo: Reyaz Mihular, Senior Partner, KPMG Sri Lanka presenting keynote paper

2014-10-28 00:00:00

Photo: Southeast Bank Limited

2014-10-28 00:00:00

Sensex snaps five-session winning streak

2014-10-28 00:00:00

MUMBAI, Oct 27 (Reuters): The BSE Sensex and Nifty fell on Monday, retreating from a more than one-month high hit earlier in the session as investors booked profits after recent strong gains, while consumer goods maker Hindustan Unilever slumped after...

Hong Kong shares dragged down

2014-10-28 00:00:00

SHANGHAI, Oct 27 (Reuters): Hong Kong shares fell on Monday, dragged down by a slide in brokerages amid uncertainty over the launch date of a closely-watched scheme linking the Hong Kong and Shanghai stock exchanges. The Hang Seng Index unofficially...

Photo: UCB

2014-10-28 00:00:00

Photo: Prime Bank Limited

2014-10-28 00:00:00

Bangladesh take 2-match series 1-0 against Sri Lanka in Int\\\'l Friendly Football

2014-10-28 00:00:00

Rajshahi, Oct 27 (UNB):  Hosts Bangladesh won the SS Steel two-match FIFA International Friendly series 1-0 beating Sri Lanka by 1-0 goal in the 2nd and last match at the overcrowded 22,000 capacity Muktijoddha Smriti Stadium here on Monday. The...

Madrid win sets up season-long fight with Barca

2014-10-28 00:00:00

BARCELONA, Oct 27 (AP):  Real Madrid's commanding 3-1 win over Barcelona at the Santiago Bernabeu on Saturday leaves the two Spanish giants poised to dispute the title that escaped them last season. Barcelona arrived in the capital unbeaten and aiming...