Ziaur Rahman | 2014-08-01 00:00:00
Despite political unrest the country's merchandise shipment to key North American and European destinations increased substantially in the just concluded fiscal year (FY), 2013-14, compared to that in the previous fiscal. Export earnings from the US, the largest export destination...
China Cultural Revolution 'hero' to make $30m from IPO SHANGHAI, July 31: A former Cultural Revolution role model who shot to fame in 1970s China for submitting a nearly blank exam paper is poised to enjoy the fruits of capitalism...
NEW DELHI, July 31 (Reuters): The United States said on Thursday it was hopeful that differences between India and much of the rest of the world over a major trade agreement could be resolved in time, with only hours remaining...
Bangladesh Export Processing Zones Authority (BEPZA) has achieved 22.53 per cent growth in investment in the fiscal year (FY) 2013-14. According to UNCTAD report, in 2013, Bangladesh was the second favoured investment destination in South Asia. In a statement, BEPZA...
GAIBANDHA, July 31 (BSS): An extensive plan has been taken to cultivate T-Aman paddy in all the seven upazilas of the district during the current season. The Department of Agricultural Extension (DAE) office sources said a total of 1, 21,259...
TOKYO, July 31 (AFP): Airbus on Thursday said its decision to cancel a $2.2 billion jet order from Skymark Airlines was final, rejecting the Japanese carrier's suggestion that talks were still ongoing. The European aircraft maker said this week it...
MANIKGANJ, July 31 (BSS): The plantation of Aman paddy is going on in full swing in all the seven upazilas of the district. The farmers have devoted all their energy and resources in planting Aman seedlings and they are happy...
SYDNEY, July 31 (AFP): Three of Asia's leading agribusinesses have joined iron ore magnate Andrew Forrest in what he described Thursday as an "unprecedented" 100-year partnership to position Australia as China's food bowl. Forrest said China's New Hope Group and...
TAIPEI, July 31 (AFP): Taiwan's struggling smartphone maker HTC said Thursday it expected revenue in the July-September quarter to drop up to 35 per cent from Q2 as sales slowed for some products. HTC estimated that revenue in the third...
ROME, July 31, 2014 (AFP) - Italy's youth unemployment rate hit a record high in June, raising concerns that Prime Minister Matteo Renzi's economic and labour reforms are not doing enough to help the country's young. The rate among 15...
BERLIN, July 31 (AFP): German industrial giant Siemens posted a jump in quarterly profits on Thursday, despite troubles in its energy sector and the impact of a strong euro. Siemens, which runs its business year from October to September, slightly...
FE Report | 2014-08-01 00:00:00
Bangladesh and Bulgaria have signed a Memorandum of Understanding (MoU) on Foreign Office Consultations (FOC) to initiate institutional cooperation in all areas of mutual interests. Bangladesh ambassador to Turkey Md Zulfiqur Rahman, who is also in charge of Bulgaria, and...
BUENOS AIRES, July 31 (AFP): Argentina blamed the United States on Thursday for the legal battle that blocked the country from servicing its restructured debt and forced it into a new default. Eleventh-hour talks with two American hedge funds that...
BANGALORE, July 31 (Reuters): The Reserve Bank of India (RBI) is likely to leave its key interest rate unchanged on August 5 and won't ease policy until early next year on fears food inflation will spike if monsoon rains are...
SYDNEY, July 31 (AFP): The Group of 20 (G20) pledge to boost growth could be wiped out by rising interest rates and weakening emerging economies, an IMF report said, as chief Christine Lagarde warned Thursday of "slow" progress in reaching...
BRUSSELS, July 31 (AFP): Eurozone unemployment and inflation data painted a mixed economic picture Thursday, with the jobless rate edging down while softer prices raised question marks over consumer demand, clouding the outlook. The jobless rate in the 18-nation eurozone...
COLOMBO, July 31 (AFP): Sri Lanka's economy was among the fastest growing in Asia, but it was vulnerable to sudden external shocks due to high levels of foreign commercial borrowings, the IMF said Wednesday. The International Monetary Fund (IMF) warned...
HONG KONG, July 31 (Xinhua): Hong Kong recorded a deficit of 19.9 billion HK dollars (about US$2.57 billion) from April to June 2014, the Hong Kong government announced Thursday. The government made public its financial results for the three months...
TAIPEI, July 31 (AFP): Taiwan's economy grew a higher-than-expected 3.84 per cent on-year in the three months to June, official data showed Thursday, thanks to increased exports and domestic consumption. The figure is much higher than the 2.79 per cent...
PUNE, July 31 (BBC): Rescue workers in western India are working to locate survivors of a landslide that has claimed at least 30 lives and buried up to 200 people. Eight people have been rescued from the wreckage in Malin...
GAZA CITY, July 31 (AFP/AP): More than 100 Palestinians were killed Wednesday in the bomb-scarred Gaza Strip, among them victims of Israeli fire on a crowded market and a United Nations school. The United States and United Nations condemned the...
WASHINGTON, July 31 (AFP): The Republican-led House of Representatives voted Wednesday to sue President Barack Obama for allegedly overstepping his powers, a move swiftly denounced by his Democratic allies as a cynical election-year stunt. By a party-line vote of 225...
LONDON, July 31 (AFP): NATO is not prepared to deal with a military threat from Russia and must adjust to be able to respond to an "unconventional attack", British lawmakers warned on Thursday. "The risk of attack by Russia on...
DAMASCUS, July 31 (AFP): The jihadist Islamic State (IS), which has taken over large swathes of war-torn Syria in just a few months, was on Thursday engaged in fighting Kurds and members of a Sunni tribe. The Syrian Observatory for...
21 drown in rough seas off Karachi KARACHI, July 31: At least 21 bathers have drowned in rough seas off Pakistan's biggest city Karachi, officials said Thursday, after defying a ban on swimming during the monsoon season. The bathers were...
Syful Islam | 2014-08-01 00:00:00
The government is learnt to have moved forward with a plan to establish ship-recycling and shipbuilding hub in the coastal district of Patuakhali. Competent sources said the Ministry of Industries has formed a 13-member committee headed by an additional secretary...
SINGAPORE, July 31 (AFP): Oil prices tumbled further in Asia Thursday as concerns eased that fresh Western sanctions on Russia over Ukraine would have an immediate impact on global oil supplies, analysts said. US benchmark West Texas Intermediate (WTI) for...
YANGON, July 31 (Xinhua): Myanmar will work with foreign and local oil companies for improved petroleum recovery at two onshore block areas, state media reported today. Under contracts initiated in Nay Pyi Taw between the government 's Myanmar Oil and...
MOSCOW, July 31 (AFP): Russia's Lukoil said Thursday it had reached preliminary agreement to sell its network of filling stations in Ukraine, days after radical nationalists there tried to extort fuel from the company. The price for the sale of...
CHICAGO, July 31 (Xinhua): Gold futures on the COMEX division of the New York Mercantile Exchange fell yesterday as investors speculated that strong US GDP data gave the US Federal Reserve backing to tighten its monetary policy earlier than expected....
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