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Photo: NETHERLANDS : Dutch King Willem-Alexander and Queen Maxima arrive

2014-09-17 00:00:00

West to be Dhaka\\\'s top export destination to 2030 : HSBC

FE Desk Report | 2014-09-17 00:00:00

Ready-made garments make up around 80 per cent of total merchandise exports from Bangladesh with the value of exports in this sub-sector being greater than exports from India, the HSBC has said. In its latest trade forecast, the bank said...

BJMC seeks Tk 3.92b bailout

FE Report | 2014-09-17 00:00:00

Bangladesh Jute Mills Corporation (BJMC) has sought Tk 3.92 billion from the government to help it procure raw jute at this prime time and pay staff salary urgently, officials said. They said BJMC Chairman Major-General Humayun Khaled sent Sunday a...

Plea to set up mechanisms for safe working environs in RMG sector

FE Report | 2014-09-17 00:00:00

Speakers at a workshop Tuesday stressed the need for setting up institutional, regulatory and oversight mechanisms relating to building and fire safety to ensure a safe working environment in the ready-made garment (RMG) sector. The workshop titled 'Institutional Collaboration on...

ICMAB chief off to UK

2014-09-17 00:00:00

President of the Institute of Cost and Management Accountants of Bangladesh (ICMAB) Mohammed Salim left the city for United Kingdom Monday for exchanging views on bilateral issues and mutual cooperation with different global professional accounting bodies, said a statement.  A...

CDA executes 40 dev projects in five years

2014-09-17 00:00:00

CHITTAGONG, Sept 16 (BSS): The Chittagong Development Authority (CDA) has executed 22 development projects in the last five years and is executing another 18 projects. Total financial involvement in the completed and under implementation projects is Tk 49.53 billion. The...

News Briefs

2014-09-17 00:00:00

Nepalese team meets BB Governor A Nepalese delegation led by the Prime Minister's Economic Affairs Advisor Dr Chiranjeebi Nepal met Bangladesh Bank Governor Dr Atiur Rahman in the city Tuesday. They focused on the Probashi Kallyan Bank in Bangladesh. The...

Photo: A Nepalese delegation led by the Prime Minister\\\'s Economic Affairs Advisor

2014-09-17 00:00:00

Photo: NRB Global Bank Limited

2014-09-17 00:00:00

AK Khandaker steps down as SCF chair

2014-09-17 00:00:00

Air Vice-Marshal (retd) AK Khandaker on Wednesday resigned as chairman of the Sector Commanders Forum (SCF), citing personal reasons, according to a news agency.    

Photo: Meghna Bank Limited

2014-09-17 00:00:00

Photo: Senior Secretary of Finance Division

2014-09-17 00:00:00

Int\\\'l engineering tech show begins in city tomorrow

FE report | 2014-09-17 00:00:00

A three-day international exhibition on light engineering and electrical engineering products, services and raw materials will be held in Dhaka from tomorrow (Thursday) to Saturday. In the exhibition at least 75 local and international engineering and electrical products manufacturing companies...

Indonesian VP-elect discusses microcredit, social business with Yunus

FE Report | 2014-09-17 00:00:00

Indonesian vice president-elect Jusuf Kalla discussed with Nobel Laureate Professor Muhammad Yunus the future of microcredit in Indonesia, introduction of Social Business, and the appropriate role of government in poverty elimination and reducing growing income disparity. Congratulating the newly elected...

BNP team off to China

2014-09-17 00:00:00

A high-profile BNP delegation left Dhaka for China on Wednesday on a 10-day tour at the invitation of ruling Communist Party of China. The 11-member delegation, led by BNP standing committee member Dr Moyeen Khan, left Hazrat Shahjalal International Airport...

Chevron BD initiates $10m Economic Dev Initiative

FE Report | 2014-09-17 00:00:00

Chevron Bangladesh (Chevron Bangladesh Block Twelve, Ltd, and Chevron Bangladesh Blocks Thirteen and Fourteen, Ltd) announced Tuesday a US$10 million commitment to create the Bangladesh Partnership Initiative (BPI), a five-year programme to support economic development for communities in the Greater...

Pay tax properly to boost economy: Mosharraf

2014-09-17 00:00:00

CHITTAGONG, Sept 16 (BSS): All particularly the business community have been urged to pay taxes properly for boosting country's internal resources and economy. Housing and Public Works Minister Engineer Mosharraf Hossain, MP, made the appeal while addressing the inaugural ceremony...

Thrust on creating skilled HR to eradicate poverty

2014-09-17 00:00:00

RANGPUR, Sept 16 (BSS): There is no alternative to training for turning the unemployed rural women into skilled human resources (HR) to enhance their participation in income generation activities to eradicate poverty by achieving self-reliance, speakers said today. They said...

Spontaneous income tax payment for boosting economy stressed

2014-09-17 00:00:00

RANGPUR, Sept 16 (BSS): Speakers at the inaugural ceremony of a week-long income tax fair here today stressed for inspiring and encouraging the citizens for spontaneous payment of income taxes to strengthen national economy and enhance national uplift. Rangpur Zonal...

Ties with educational instts targeted

2014-09-17 00:00:00

A team of senior officials from the Indian Institute of Technology (IIT), Bombay and representatives from German Academic Exchange Service (DAAD) arrives in the city today (Wednesday) on a five-day visit. They are coming to Bangladesh aiming to create better...

Photo: Chairperson of Sunlife Insurance Company Prof Rubina Hamid presiding over

2014-09-17 00:00:00

Photo: Leathergoods & Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB)

2014-09-17 00:00:00

Photo: Uttara Motors

2014-09-17 00:00:00

exchange rate

2014-09-17 00:00:00

China’s overseas investment soars as FDI drops again

2014-09-17 00:00:00

BEIJING, Sept 16  (AFP): China's outbound investment more than doubled in August to $12.62 billion, data showed Tuesday, far outstripping foreign direct investment (FDI) into the country, which fell to a four-year low. China has been actively acquiring foreign assets,...

Alarm bells ringing over S Korea economy: Minister

2014-09-17 00:00:00

SEOUL, Sept 16 (AFP) : South Korea's finance minister said Tuesday that "alarm bells" were ringing over Asia's fourth largest economy, and warned of the sort of protracted slowdown that hit Japan in the 1990s. While stressing that South Korea's...

OECD vows to ‘change the game’ with new tax rules

2014-09-17 00:00:00

PARIS, Sept 16 (AFP) : The OECD on Tuesday put forward new proposals it said would "change the rules of the game" for companies which avoid paying huge amounts of tax by exploiting international loopholes. Pascal Saint-Amans, head of tax...

German national newspaper FAZ to axe 200 jobs

2014-09-17 00:00:00

BERLIN, Sept 16 (AFP):  One of Germany's most venerable newspapers said Tuesday it would cut up to 200 jobs over the next three years with a cost-cutting drive to weather the print media crisis. Publishers of the influential conservative broadsheet...

Dollar firm in Asia before Fed policy meeting

2014-09-17 00:00:00

TOKYO, Sept 16 (AFP) : The dollar picked up in Asia on Tuesday ahead of a US central bank policy meeting, with investors looking for signs of an earlier-than-expected interest rate hike. In afternoon Tokyo trade, the greenback strengthened to...

News in Brief

2014-09-17 00:00:00

India's export growth slips to 2.35pc at $26.95b in Aug NEW DELHI, Sept 16 : Continuing the downtrend, India's export growth slipped to 2.35 per cent at USD 26.95 billion in August, pushing up trade deficit to USD 10.83 billion....