Shah Alam Nur | 2014-08-11 00:00:00
Land scarcity has emerged as a major barrier to local and foreign investments, officials and business leaders said. "A large numbers of entrepreneurs including local and joint venture companies have been seeking land at prime locations to go for fresh...
Talha Bin Habib | 2014-08-11 00:00:00
The Ministry of Commerce (MoC) has taken initiatives to achieve the export target of the current fiscal that include gearing up activities of country's missions abroad and market diversification to non-traditional markets. The government has set a target of merchandise...
Our Correspondent | 2014-08-11 00:00:00
CHITTAGONG, Aug 10: Energy Security Day was observed in the city amid daylong programme Saturday. Colourful festoons, banners and placards were on display on the road islands and a rally was organised in front of Chittagong Press Club by Bangladesh...
NEW DELHI, Aug 10 (Reuters): India's central bank has started preliminary discussions with the finance ministry on monetary policy framework, which includes targeting consumer price index-based inflation, its governor Raghuram Rajan on Sunday said. Last week, the central bank kept...
HSBC sees Rupee at 60-levels by December MUMBAI, Aug 10: Foreign brokerage HSBC has said it expects the rupee to trade at 60-levels by December against the dollar even though risks on the domestic unit from both external and domestic...
Shamsul Huda | 2014-08-11 00:00:00
Both local and foreign firms participated in the bidding to install the 7.4 megawatt (mw) solar power plant at Kaptai have expressed their grievances over unnecessary terms and conditions that have discouraged participation of large firms. A bidder said that...
Our Correspondent | 2014-08-11 00:00:00
CHITTAGONG, Aug 10: Planning Minister AHM Mostafa Kamal visited the country's lone public limited refinery company in the energy and mineral resources sector, CVO Petrochemical Refinery, factory at Bayezid Industrial Area in the port city Saturday. The minister expressed satisfaction...
NAY PYI TAW, Aug 10 (Xinhua): Japan has pledged to provide 10.5 billion yens (US$105 million) in loan to Myanmar to help the country improve communication network linking major cities of Yangon, Mandalay and Nay Pyi Taw, state media reported...
BEIJING, Aug 10 (Xinhua): China saw a surge in new companies registration after the country took steps to streamline the process for starting a business in March, official data has showed. About 1.6 million new companies have been registered since...
ZAGREB, Aug 10 (Xinhua): Croatia's public debt will continue to grow without structural reforms and economic growth, financial expert said on Saturday after Fitch Ratings downgraded the country's credit rating. Fitch Ratings on Friday downgraded Croatia's long-term foreign currency Issuer...
MANAMA, Aug 10 (Gulf News): Passenger traffic at Bahrain International Airport during the first half of the year has increased by six per cent compared with the same period last year, the Acting Undersecretary for Civil Aviation Affairs at the...
FRANKFURT, Aug 10 (Reuters): Investors will gauge the strength of the eurozone's fragile economy this week as escalating conflicts in Ukraine and Iraq darken the mood globally. In stark contrast to the United States and Britain, which are growing strongly,...
MOSCOW, Aug 10 (AFP): President Vladimir Putin said Russia is still open for business with Western companies despite sanctions as he ceremonially launched a joint US-Russian oil exploration project in the Arctic. "Despite the difficulties of today's political context, pragmatism...
Foreign Minister AH Mahmood Ali on Sunday said he and his New Zealand counterpart Murray McCully have agreed to further widen and strengthen bilateral relations between Bangladesh and New Zealand after discussing matters of mutual interests, reports UNB. During a...
SOFIA, Aug 10 (AFP) : Excellent IT and language skills have helped Bulgaria's outsourcing sector boom, raising hopes that it could prop up the badly stagnating economy of the EU's poorest country. After a timid start 15 years ago, the...
RobiAxiata, the second largest mobile phone operator in Bangladesh in terms of revenue, and Mediasoft Data Systems Ltd on Sunday signed an agreement to enhance customer experience through the balance recharge service, reports UNB. Nazir Ahmed, executive vice president-Sales and...
ORTIGUEIRA, Spain, Aug 10 (AFP) : Three young Spaniards in wetsuits plunge into the sea to harvest a culinary delicacy that promises them a way out of troubled financial waters: seaweed. Armed with stainless steel scythes, they swim in low...
NEW DELHI, Aug 10 (Reuters) : It's hardly the $30,000 a night royal suite, but after five months in India's biggest jail, the owner of the New York Plaza and London's Grosvenor House is thrilled to be able to use...
SHANGHAI, Aug 10 (Reuters) : Chinese regulators are investigating a Wal-Mart store in the southern city of Shenzhen for food safety violations, the official Xinhua news service reported, based on videos it said were taken by a Wal-Mart employee at...
SHANGHAI, Aug 10 (Reuters): Japan's Toyota, Honda and Nissan became the latest foreign carmakers to respond to China's anti-monopoly investigation into the auto industry, as the probe's impact extends beyond foreign luxury auto brands. GAC Toyota Motor Co, Toyota's joint...
High-end 'micro-flats' latest trend for HK home buyers HONG KONG, Aug 10 : At a glitzy show stall for a new residential development in Hong Kong, property agents with loudspeakers are promoting the latest trend in the overcrowded city-high-end "micro-flats"...
Prime Minister Sheikh Hasina said Sunday the Civil Service Act will be passed very soon so that public servants could perform their respective duties properly, reports BSS. She mentioned that the work on framing of the Civil Service Act has...
A Dhaka court deferred Sunday the hearing on charge framing against 111 BNP leaders, including BNP acting secretary general Mirza Fakhrul Islam Alamgir, in three separate cases, reports UNB. Dhaka Metropolitan Magistrate Tarek Mainul Islam Bhuiya fixed the dates when...
Bikalpa Dhara Bangladesh (BDB) president AQM Badruddoza Chowdhury strongly condemned Sunday the abusive remarks by Social Welfare Minister Syed Mohsin Ali about journalists at an open meeting in Sylhet, reports UNB. In a statement, he also demanded Prime Minister (PM)...
NEW DELHI: India has asked Bangladesh to permit a shipment of 35,000 tonnes of PDS foodgrains every month via sea route in view of difficulty to be faced from October with the start of gauge conversion work in North East,...
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