BERLIN, Aug 19 (Xinhua): German economic outlook would not be as bright as previously expected due to geopolitical tensions, although overall upward trend would not change, warned the German central bank Bundesbank on Monday. "The outlook for the German economy...
BEIJING, Aug 19 (Reuters): China ought to loosen monetary policy further through "modest" cuts in bank lending rates and reserve requirements by next year to spur economic growth, a researcher at a government think-tank said. Chen Dongqi, deputy chief at...
MOSCOW, Aug 19 (Reuters): Ukraine is losing 15 per cent of its 2014 grains crop due to fighting with pro-Moscow separatists in its eastern regions and Russia's annexation of the Crimea peninsula, Prime Minister Arseny Yatseniuk said. The country is...
SINGAPORE, Aug 19 (AFP): Oil prices rebounded in Asia Tuesday on bargain-hunting after tumbling on easing concerns about conflicts in Ukraine and Iraq, analysts said. US benchmark West Texas Intermediate (WTI) for September delivery rose 38 cents to $96.79, while...
JAKARTA, Aug 19 (Reuters): Malaysian palm oil prices sank to their lowest levels in almost five years on Tuesday as declining crude and soybean oil prices pushed them down. By Tuesday's close, the benchmark November contract on the Bursa Malaysia...
YANGON, Aug. 19 (Xinhua): Aimed at flourishing Myanmar's energy sector, an oil and gas fair will take place in Yangon in mid October with focus on upstream oil and gas activities, according to the organiser of the event today. As...
CHICAGO, Aug. 19 (Xinhua): Chicago agricultural commodities closed mixed yesterday, with corn and wheat falling and soybeans rising. The most active corn contract for December delivery lost 5.5 cents, or 1.46 per cent, to close at 3.715 dollars per bushel. ...
ST. GEORGE'S, Grenada, Aug 19 (AFP): West Indies and Bangladesh commence a three-match One-Day International series at the Queen's Park Stadium in Grenada today (Wednesday) with the home side heavily favoured to extend the tourists' miserable record in 2014. Despite...
The Walton Air Conditioner National (Under-19) Youth Female Handball Tournament, organised by Bangladesh Handball Federation, will begin today (Wednesday) in the capital after more than 15 years, reports UNB. Eighteen teams, split into six groups, will initially compete in the...
BULAWAYO, Aug 19 (AFP): Zimbabwe's spinners gave their side a chance of a shock victory as they bowled South Africa out for 257 in the second of three one-day internationals Tuesday. After Proteas openers Hashim Amla and Quinton de Kock...
Bangladesh suffered 3rd consecutive defeat to be eliminated from the 2nd Summer Youth Olympics Games Hockey losing to Canada by 1-4 goals in their 3rd Pool A match at Nanjing YOG Sports Park Hockey Field Tuesday, reports UNB. Earlier, in...
NEW DELHI, Aug 19 (AFP): India's cricket chiefs Tuesday effectively sidelined head coach Duncan Fletcher for the one-day series against England following their 3-1 defeat in the Tests, placing former all-rounder Ravi Shastri in charge. Shastri, in England as a...
LAHORE, Aug 19 (AFP): Fit-again paceman Mohammad Irfan will join the Pakistan squad for their one-day matches against Sri Lanka to reinforce the attack after their 2-0 Test series defeat, a board official said Tuesday. The 32-year-old, who holds the...
Doulot Akter Mala | 2014-08-20 00:00:00
The brokerage houses will deduct tax at a rate of 10 per cent from the income to be gained from securities by listed companies and firms, the NBR has said. In a circular, issued on August 18, the National Board...
Lenovo, the world's number one PC maker (as per the Q1FY 2014 IDC report), Tuesday announced its new product portfolio, backed by a focused partner strategy to increase its market presence as a PC+ leader in Bangladesh. Lenovo continues to...
Mohammad Ali | 2014-08-20 00:00:00
SWIFT, a cooperative society facilitating secure financial transactions worldwide, looks forward to expanding its footprint in Bangladesh in a bigger way, facilitating development of a strong and sustainable financial industry here. "Through collaboration with the local industry, we are looking...
Prime Insurance Company Limited organised a Business Presentation programme on "How to Protect your Properties under Insurance Coverage" recently in a city hotel. Mr. Md. Ezhar Hossain, Advisor of the Company delivered the welcome speech. Mohammodi Khanam, Managing Director of...
FE Report Stocks returned to the green Tuesday after previous day's flat movement with improving turnover, as investors went on a buying spree to buy shares on heavy-weight stocks amid optimism. The market started with a positive note and the...
A recent conference focused on discussing the challenges and solutions in developing a financially sustainable skills training market. The conference was organised by the SkillFUL Project Team, and was inaugurated by Manish Pandey, Regional Director, Swisscontact, South Asia Regional Office,...
MUMBAI, Aug 19 (Reuters): The BSE Sensex and Nifty rose to their second consecutive record high on Tuesday as blue-chips such as Tata Motors Ltd gained on positive institutional inflows, while oil retailers surged after Brent crude prices hovered near...
A report, creeded by UNB titled 'ACC set to sue businessman for siphoning off Tk 3.28b' published in The Financial Express on August 17 inadvertently mentioned the name of Citi instead of City Bank Ltd in 5th paragraph. UNB regretted...
MUMBAI, Aug 19 (PTI): RAK India, the domestic arm of the UAE-based tiles maker RAK Ceramics, is planning to go public through an initial public offering (IPO) when market conditions become conducive. "The right time to raise the capital from...
FE Report | 2014-08-20 00:00:00
The Asian Development Bank (ADB) said Tuesday Bangladesh could suffer an annual Gross Domestic Product (GDP) loss of 2.0 per cent by 2050 and 9.0 per cent by 2100 simply due to the impacts of climate change. It, however, said...
Munima Sultana | 2014-08-20 00:00:00
The Bangladesh Bridge Authority (BBA) has not been following any uniform guideline in the process of bidding for different segments of work of the Padma Multipurpose Bridge (PMB) project. The BBA, sources said, is following a procedure that is more...
Shamsul Huq Zahid | 2014-08-20 00:00:00
More than two years have gone by since the detection of the massive Hall-Mark scam in the middle part of 2012. But the country's banking sector, apparently, has not been able to deal with the fallout from the scam effectively...
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