TOKYO, Aug 20 (AFP): Citigroup is eyeing the sale of its Japanese retail banking operations, reports said Wednesday, more than a century after setting up shop in the Asian nation. The Nikkei business daily said the US financial giant was...
RAJSHAHI, Aug 20 (BSS): State Minister for Textile and Jute Mirja Azam, MP, has said necessary measures will be taken to launch the second unit of Rajshahi Jute Mills soon. "During the tenure of present government led by Prime Minister...
PARIS, Aug 20 (Reuters): French President Francois Hollande said on Wednesday he would accelerate reforms to boost growth, highlighting steps to increase homebuilding and give tax breaks to poorer households as he tries to win back voter confidence. The most...
Terming the Zia family a ‘killer family’, Prime Minister Sheikh Hasina on Thursday accused then Prime Minister Khaleda Zia, her son Tarique Rahman, her cabinet members and BNP-Jamaat alliance of their direct involvement in the August 21 grenade attack in...
Shah Alam Nur | 2014-08-21 00:00:00
Many of the employees of Biman Bangladesh Airlines have opposed the decision of the state flag carrier to appoint foreigners at its supreme post -- managing director (MD) and chief executive officer (CEO). They said there are many people in...
TOKYO, Aug 20 (AFP): A rebound in exports helped narrow Japan's trade deficit in July, data showed Wednesday, but the shortfall still came in worse than expected after a marked slowdown in the world's number three economy. The pick-up in...
SYDNEY, Aug 20 (AFP): Crypto-currencies such as Bitcoin should not be considered as money or a foreign currency when it comes to taxation, Australia's tax authority ruled Wednesday. In guidance designed to help people finalise their tax returns, the Australian...
Moody's downgrades four top South African banks JOHANNESBURG, Aug 20: Moody's downgraded the credit rating of four top South African banks yesterday after the government bailed out a troubled lender, in a move that sent ripples across Africa's most developed...
Munima Sultana | 2014-08-21 00:00:00
Japan has planned short-and long-term investment in Bangladesh for the mutual benefits under a newly-designed industrial cooperation framework meant for creating favourable business and trade environment in the country for outbound Japanese investors. Kei Kawano, the representative of the Japan...
Kuwait Armed Forces praised the production system, international standard products and the operational activities of export processing zones (EPZs) of Bangladesh. The Deputy Chief of Staff of Kuwait Army Lieutenant General Mohammed Khaled Al-Khadher, psc, lauded Bangladesh Export Processing Zones...
BERLIN, Aug 20 (Reuters): German exports to Russia plunged in the first half of 2014, led by a sharp fall in car and machinery shipments, amid an escalating standoff between the West and Moscow over Ukraine. The value of German...
FE Report | 2014-08-21 00:00:00
Bangladesh Institute of Plastic Engineering and Technology (BIPET) started its journey Wednesday with the aim of grooming skilled manpower for the country's growing industry. Bangladesh Plastic Goods Manufacturers and Exporters Association (BPGMEA) president Jashim Uddin formally inaugurated the training institute...
JAKARTA, Aug 20 (AFP): A plan by Southeast Asian countries to establish a European Union-inspired single market next year could worsen inequality and is likely to benefit men more than women, a new study warned Wednesday. The Association of Southeast...
SINGAPORE, Aug 20 (Xinhua): Domestic wholesale trade in Singapore contracted by 2.2 per cent on quarter in the second quarter of 2014, due to a plunge in sales of metals, timber and construction materials, according to the latest report by...
LONDON, Aug 20 (AFP): The Bank of England (BoE) is divided on whether to maintain record-low interest rates as minutes published on Wednesday revealed its first split vote for more than three years. The 7-2 vote in favour of keeping...
SEOUL, Aug 20 (Xinhua): The portion of short-term foreign debts in South Korea rose to the highest in a year as banks increased borrowing in foreign currency, central bank data showed Wednesday. The rate of foreign debts, which mature in...
Jafar Ahmed Chowdhury | 2014-08-21 00:00:00
Bangladesh has a large population in relation to its territory. In an article titled "On efficient land administration" published in the Financial Express on the 5th August, 2014 this writer wrote, "With a population of about 150 million living in...
Zaglul Ahmed Chowdhury | 2014-08-21 00:00:00
Indian prime minister Narendra Modi's emphasis on positive political environment in the South Asian region has given the impression that his government is willing to work in close concert with the regional neighbours for fighting such common enemies like poverty....
Although the major rivers in the Brahmaputra basin were flowing above the danger mark at the beginning of the week, the threat of a major flood has dissipated for the time being. With the shifting of the monsoon trough from...
Tarequl Islam Munna | 2014-08-21 00:00:00
Adulteration is rampant in the country. It is very difficult to find a food item which is free of adulteration. Vegetables, fish, milk, fruit, sweetmeats, ice cream, spices -- nothing is safe. Almost every day in the print and electronic...
Mohd. Ashraf Hossain | 2014-08-21 00:00:00
To encourage and financially support meritorious school students, the government has been giving them stipends on the basis of Primary School Certificate (PSC) and Junior School Certificate (JSC) examinations. The students are selected on the basis of student population in...
I know from my experience, gained about a decade back, condensed milk used to be made in Bangladesh by using milk powder, raw sugar, palm oil and a small quantity of food-grade chemical additives to act as preservative and stabiliser...
We often read in the local newspapers that the muggers are snatching large amounts of money from the businessmen and the common people in broad daylight in the city these days. This is a sign of deteriorating law and order....
Syed Muhammad Hussain | 2014-08-21 00:00:00
The High Commission of Bangladesh in London celebrated the 94th birth anniversary of Bangabandhu Sheikh Mujibur Rahman on March 17 this year. I made there a brief presentation on the life and achievements of the Bangabandhu Sheikh Mujibur Rahman. It...
Babul Barman | 2014-08-21 00:00:00
Most of the listed multinational companies (MNCs) posted growth in profits in the first half of this calendar year on higher sales and lower production costs. Analysts said brand reputation, better management and product quality helped the MNCs to increase...
FE Report | 2014-08-21 00:00:00
Stocks edged marginally lower Wednesday after previous session's upturn as investors went for short-term profit booking on large and mid-cap stocks. The market opened with a positive note, but the positive outlook faded away as session progressed. DSEX, the prime...
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