Industries Minister Amir Hossain Amu, now in Geneva, has urged Unctad to take lead in taking supportive measures for the countries with vulnerabilities, including LDCs, ensuring adequate investment flows for SDGs implementation. ‘Unctad should take lead in ensuring that investment...
Copper, on the Comex division of the New York Mercantile Exchange, is trading below USD 2.986/pound level for the first time since 2nd Oct. Copper is trading 1.12% lower at USD 2.974/pound, down from a high of USD 3.02/pound hit...
Green Delta Insurance has recently launched its 4th subsidiary--GD Assist Limited. The new venture came into being to provide Value Added Services to back the insurance industry up with concentration on healthcare services, logistics support, global emergency medical evacuation services...
Officials say a suicide attack against security forces in eastern Baghdad has killed at least eight people. A police official says the suicide bomber rammed his explosives-laden car into a police checkpoint in the largely Shiite eastern neighborhood of Talibiyah...
Pakistan's military says its jet fighters have struck five militant hideouts in a northwestern tribal region bordering Afghanistan, killing at least 21 insurgents. The military said in a statement that Thursday's airstrikes were carried out in the Tirah valley in...
A Myanmar court sentenced a media owner, publisher and three journalists to two years in prison Thursday in the latest ruling to raise concerns about press freedoms in the country emerging from military rule. The July 7 article in the...
Search and rescue teams flying on army helicopters spotted the bodies of eight more trekkers killed in a series of blizzards and avalanches that have hit central Nepal in recent days, raising the death toll in the region to 25,...
The first made in Japan passenger jet in four decades reaches a development milestone later this week. A ‘rolling out’ ceremony in Nagoya, central Japan on Saturday will unveil the long awaited Mitsubishi Regional Jet, or MRJ, a fuel-efficient lightweight...
Indian Prime Minister Narendra Modi announced a series of labor reforms on Thursday aimed at transforming Asia's third-largest economy into an international manufacturing hub. Modi said he wants to overhaul India's archaic labour laws to make it easier to do...
Hinduja group flagship company Ashok Leyland has received an order worth $17 million to supply 630 buses to Sri Lankan operators. The company, through its joint venture in Sri Lanka, has received an order for 630 buses worth $17 million...
The World Bank Group and the World Trade Organisation (WTO) have agreed to enhance their co-operation in assisting Nigeria and other developing and least-developed countries to better utilise trade facilitation programmes which can help countries reduce trade costs and more...
US Agency for International Development (USAID) Administrator Rajiv Shah announced on Thursday nearly $142 million in humanitarian projects and grants to combat the Ebola outbreak in West Africa. Shah made the announcement after meeting with President Ellen Johnson Sirleaf of...
The global famine warning system is predicting a major food crisis if the Ebola outbreak continues to grow exponentially over the coming months, and the United Nations still hasn't reached over 750,000 people in need of food in West Africa...
The world's economic recovery is weak and some assets are still overpriced, a senior International Monetary Fund official said on Thursday. ‘The global economic recovery is really mediocre and subject to downgrade risk. We have been downgrading our economic forecasts...
FE Report | 2014-10-15 00:00:00
ECNEC Tuesday revised a project for setting up railway track at an inflated cost, although construction work under the project has not started even two years after its approval in 2012. Presided over by Prime Minister Sheikh Hasina, the Executive...
Prime Minister Sheikh Hasina leaves here for the Italian city of Milan today (Wednesday) on a four-day visit to attend the 10th summit of the Asia-Europe Meeting (ASEM), reports UNB. The ASEM Summit, to be chaired by the President of...
FE Report | 2014-10-15 00:00:00
A European retail giant, H&M, urged the government Tuesday to adopt an effective system so that both workers and producers benefit from enhanced wages. "We see that costs in society are negating many of the positive effects of increased wages....
The living legend of world cricket, Sachin Tendulkar, Tuesday unveiled the logo of a newly named Dhaka Premier Division Cricket club, Legends of Rupganj, reports UNB. Indian batting sensation Tendulkar reached Hazrat Shahjajal International Airport in Dhaka by a chartered...
Monira Munni | 2014-10-15 00:00:00
The two groups of western retailers - Accord and Alliance - have completed their initial inspection of fire, electrical and structural safety of about 1,700 garment factories, identifying flaws in most of the units. Accord, the European Union-based group with...
Jasim Uddin Haroon | 2014-10-15 00:00:00
The government is considering to rationalise export subsidy through re-allocation for its efficient use as it has found that most of the funds is being wasted each year instead of boosting exports. It wants to review its existing financial support...
M Azizur Rahman | 2014-10-15 00:00:00
Petrobangla is set to submit a fresh proposal to the energy regulator for hiking natural gas tariff for all types of consumers within the next several months, a top official said Tuesday. Petrobangla's subsidiary companies will calculate 'upstream costs' of...
CHITTAGONG, Oct 14 (BSS): A man was caught with Tk 5.79 million (57.92 lakh) from in front of Annex Bhaban-2 of the Chittagong Court during a search following a bomb threat. The detained person who was identified as Mohammad Ilias,...
FE Report | 2014-10-15 00:00:00
The point-to-point inflation eased further in the country, falling to 6.84 per cent in September from 6.91 per cent in the previous month, as prices of some essential food and non-food items marked a downturn, officials said Tuesday. A cooler...
The ruling Awami League Tuesday issued a show cause notice to Abdul Latif Siddique asking him to explain why he should not be expelled from primary membership of the party, reports UNB.''A show cause notice has been sent to (Latif)...
FE Report | 2014-10-15 00:00:00
Bangladesh entered the trade deficit territory again in August after a month because of higher import payments and relatively lower export earnings, officials said Tuesday. The country's overall trade deficit widened by more than 26 per cent to US$999 million...
Singapore is willing to set up two power plants -- each having 700 megawatt capacity-- through joint venture with Bangladesh here. Visiting Senior Minister of State, Ministry of Home Affairs and Ministry of Foreign Affairs Masagos Zulkifli Bin Masagos Mohamad ...
United Nations Conference on Trade and Development (UNCTAD) Secretary-General Dr Mukhisa Kituyi will attend an international conference to be held in Dhaka on October 25-26. The National Committee of International Chamber of Commerce (ICC), the world business organisation, is holding...
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