Shah Alam Nur | 2014-08-19 00:00:00
Country's pharmaceutical industry posted an envious export growth in the first month of the current financial year as its international-standard and diversified products are increasingly attracting importers from many countries. The pharmaceutical-product exports increased more than 31 per cent in...
There has been an upturn in opening of Letters of Credit (LC) for imports during the last fiscal year ending June 30, reports bdnews24.com. According to data released by Bangladesh Bank on Thursday, Bangladesh businesses opened LCs worth $41.82 billion...
Southeast Bank under its Corporate Social Responsibility (CSR) donated Tk 0.5 million to Md. Kamrul Ahsan, Assistant Inspector General (AIG), Police Headquarters, Dhaka who has been suffering from Cancer. Shahid Hossain, Managing Director, Southeast Bank Ltd handed over a cheque...
FE Report | 2014-08-19 00:00:00
Standard Chartered Bank will honour the country's farming community for the first time to help foster innovation in the sector. As part of the initiative under its Corporate Social Responsibility (CSR), the UK-based, but emerging markets-focused bank will give "Agrow...
Azizul Haque and Faiz Uddin Ahmed Lavlu have been elected president and senior vice president (SVP) respectively of the executive committee (EC) of Bangladesh Specialised Textile Mills & Powerloom Industries Association for the tenure of two fiscal years - 2014-15...
FRANKFURT, Aug 18 : Germany's central bank on Monday warned that global tensions including the Ukraine crisis have clouded its outlook for this year, although it does not expect the Europe's biggest economy to shrink further. "A flurry of unfavourable...
JAKARTA/SEOUL, Aug 18: South Korea's Samsung Electronics Co Ltd said on Monday it plans to set up a factory to produce mobile phones mainly for Indonesia, one of the world's fastest growing markets for the devices. The company, which already...
"Millions of productive individuals lost prematurely to non-communicable diseases (NCDs) are seriously undermining social and economic development," said Dr Poonam Khetrapal Singh, regional director for WHO South-East Asia Region. The macro-economic burden of NCDs in low- and middle-income countries is...
NEW YORK, Aug 18 (Reuters) : The Sultan of Brunei has made a bid for New York's Plaza Hotel, Dream Hotel and London's Grosvenor House hotel, the Wall Street Journal's website edition reported on Saturday, citing people familiar with the...
MOSCOW, Aug 18 (AFP) : Russia's central bank announced Monday it would intervene less in the foreign exchange market to support the ruble as it works toward letting the currency float freely by the end of the year. Despite considerable...
FRANKFURT, Aug 18 (Reuters) : The euro zone economy is expected grow more slowly than initially expected during the rest of this year as conflicts in Ukraine and elsewhere weigh on business confidence, Germany's central bank said on Monday. The...
BEIJING, Aug 18 (AFP) : Foreign direct investment (FDI) into China dropped by more than a sixth year-on-year in July, the government said Monday, but denied any link to Beijing's multiple probes into foreign companies. FDI -- which excludes investment...
BANGKOK, Aug 18 (AFP) : Thailand dodged recession as its economy grew 0.9 per cent in the second quarter, data showed Monday, after the military ended months of political deadlock with a coup and promised to unshackle state spending. Between...
TOKYO, Aug 18 (AFP) : The yen ticked up in Asia Monday as investors nervously watched the latest developments in the Ukraine crisis, while looking to a speech by the US Federal Reserve chief later this week. In Tokyo afternoon...
FE Report | 2014-08-19 00:00:00
The regulator has warned micro finance institutions (MFIs) against non-compliance with the required provision for allowing 15-day grace period before starting recovery of loan installments. According to a recent circular, the Microcredit Regulatory Authority (MRA) also asked the MFIs to...
BAKU. Azerbaijan, Aug 18 (Reuters): International Bank of Azerbaijan (IBA), the country's largest lender, is preparing to launch a separate Shariah-compliant banking unit as the former Soviet state prepares an Islamic banking law slated for next spring. A stand-alone unit...
The Asian Development Bank (ADB) is willing to provide more support for trade finance in Bangladesh, aiming to promote private sector investment. “We provide support to trade financing. And very recently we’re providing support to supply chain business financing,” visiting...
JERUSALEM, Aug 18 (Xinhua): Israel's economic growth declined sharply in the second quarter of 2014, as export, the country's main growth engine, continues to go down, the Israeli Central Bureau of Statistics said on Sunday. The gross domestic product (GDP)...
PHNOM PENH, Aug 18 (Xinhua): Cambodia's gross domestic product (GDP) per capita is expected to reach US$1,130 this year, an estimated increase of 8 per cent from $1,043 last year, Prime Minister Hun Sen said Monday. The nation's poverty rate...
BRUSSELS, Aug 18 (AFP): Economic crisis in Russia and sluggish demand from Turkey weighed on hopes for an export-led recovery in the eurozone in June, official data showed on Monday. Exports from the 18-nation single currency zone dipped by 0.5...
JAKARTA, Aug 18 (Reuters): A blueprint being drawn up for Indonesia's Islamic finance industry may include incentives to help revive the domestic market for sukuk (Islamic bonds), the capital market regulator said. Indonesia's financial services authority, Otoritas Jasa Keuangan (OJK),...
FE Report | 2014-08-19 00:00:00
The port city bourse has said that the IPO (initial public offering) proposals should be approved based on companies' merits rather than "embellished" paper-based disclosures. "The approval (IPO) process should be overhauled to help select companies based on solid fundamentals,"...
FE Report Amid chopping trading, Dhaka stocks closed flat Monday with turnover falling slightly, but a new issue made exponential gains. Khulna Printing & Packaging Ltd, which made debut on the day, attracted investors much as its share price jumped...
LONDON: Europe's main stock markets rose Tuesday, extending the previous day's surge as fears about the Ukraine crisis eased and fuelled optimism ahead of a speech by the head of the US central bank this week. Frankfurt's main DAX index...
SINGAPORE, Aug 18 (AFP): Singapore's Oversea-Chinese Banking Corp (OCBC) said on Monday it plans to raise $g$3.37 billion ($2.70 billion) in a rights issue to boost its balance sheet following its takeover of Hong Kong's Wing Hang Bank. OCBC said...
© 2026 - All Rights with The Financial Express
