HONG KONG, Aug 9 (Reuters): Hong Kong's benchmark share index had its first losing week in four, despite strength in Chinese energy companies on Friday due to higher oil prices. The Hang Seng Index fell 0.2 per cent on Friday...
Shamsul Huda | 2014-08-10 00:00:00
Ship-breaking industry, the only scrap-iron source for feeding the domestic steel and re-rolling mills, is in trouble stemming from low demand and price variations, entrepreneurs said. The import of scrap ships in the last three years has declined 20 per...
Khairul Islam | 2014-08-10 00:00:00
The telecom regulator is going to appoint an international consultant by this month to make sure that the country's mobile telephony spectrum is managed well, a senior official said. The spectrum management involves pricing, proper distribution, and use by a...
Anis A. Khan, Managing Director & CEO of Mutual Trust Bank has been elected the Chairperson of the SWIFT Member & User Group of Bangladesh for 2014-2016. Ali Reza Iftekhar, Managing Director & CEO of Eastern Bank was elected as...
GM recalls over 300,000 more vehicles NEW YORK, Aug 9: General Motors on Friday recalled more than 300,000 vehicles, most of them to address ignition problems, taking to over 29 million the number of GM cars recalled this year. GM,...
Bangladesh wants to make the best use of two-day 21st Asean Regional Forum (ARF) Ministerial meeting, being held in Nay Pyi Taw, the capital of Myanmar, to become a Dialogue Partner of important regional economic block - Asean, reports UNB....
The country should carry out a Readymade Garment (RMG) census to know the exact number of workers working in the apparel industry and their characteristics, a leading economist said here Saturday, reports BSS. "Alongside looking into compliance issue, we need...
Nobel Laureate Prof Muhammad Yunus has been invited to launch a social business project in Palermo city, Italy, aiming to address the problem of youth unemployment there, reports UNB. The invitation came when Yunus met Palermo mayor Leoluca Orlando at...
SEATTLE, Aug 9 (Reuters) : A former Microsoft Corp employee was sentenced to two years in prison on Friday for his part in an insider trading scheme that netted him and his partner more than $400,000. Brian Jorgenson, 32, had...
RAJSHAHI, Aug 9 (BSS): Commercial farming of summer tomato and beans was started at different areas of the vast barind tract including Godagari Upazila of the district in 2011. Since then, as the farmers are being benefited acreage of the...
BEIJING, Aug 9 (AFP) : China's annual inflation rose 2.3 per cent in July, official data showed Saturday, remaining stable and allowing authorities space to further stimulate growth in the world's second-largest economy if needed. The country's consumer price index...
SAN FRANCISCO, Aug 9 (Reuters) : Four Silicon Valley companies including Apple and Google failed to persuade a US judge to sign off on a $324.5 million settlement to resolve a lawsuit by tech workers, who accused the firms of...
RANGPUR, Aug 9 (BSS) : The monthly divisional business assessment and views-sharing meeting for July- 2014 for officials of the principal, regional and corporate branch offices of Sonali Bank Limited (SBL) was held here Friday. General Manager of Rangpur General...
New Delhi, Aug 9 (PTI) : After dithering on grant of Most Favoured Nation (MFN) status on India, Pakistan Friday sought to link the issue with market access saying it wants level playing field to promote trade ties with New...
NEW DELHI, Aug 9 (PTI): Expressing commitment to ensure price stability, the government Friday said it is taking measures to bring down inflation. "Government is committed to ensuring price stability and is closely monitoring the situation and taking measures on...
BANGKOK, Aug 9 (Reuters): Thailand is considering paying benefits to low-income earners as the military government seeks to spur an economy battered by months of political turmoil. Southeast Asia's second-largest economy was left on the verge of recession by six...
COLOMBO, Aug 9 (Reuters): Sri Lanka's rupee will not be under downward pressure in the foreseeable future due to a policy aimed at building foreign reserves and a gradual appreciation in the currency is expected, the central bank governor said...
BEIJING, Aug 9 (AFP): China said Saturday that its Anti-Monopoly Law does not discriminate between foreign and domestic companies, as big name overseas enterprises have come under a series of high-profile investigations. The Ministry of Commerce issued a statement noting...
NEW YORK, Aug 9 (AFP): The US judge presiding over Argentina's debt dispute with two American hedge funds threatened Friday to hold the country in contempt of court for "false and misleading" statements. The warning came after Argentina accused US...
OTTAWA, Aug 9 (Reuters): Canada's economy created a net 200 jobs in July, far fewer than analysts had expected, while labour force participation fell to a fresh 13-year low, the country's statistical agency reported on Friday. The data confirmed the...
DUBLIN, Aug 9 (Reuters): Ireland's government will start talks next year with trade unions on the gradual reversal of public sector pay cuts that helped it overcome financial crisis, the spending minister was quoted as saying on Saturday. Ireland's coalition...
SINGAPORE, Aug 9 (AFP): Singapore's trade-sensitive economy grew 3.5 per cent in the first half and was on track for 2.5-3.5 per cent expansion this year, Prime Minister Lee Hsien Loong said Friday. "Our economy grew 3.5 per cent in...
In the wake of BNP's frequent threats to wage an anti-government movement, Health Minister Mohammed Nasim Saturday said the game will be held in the political field where the winners and losers will be determined clearly, reports UNB. "Begum Khaleda...
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