Netflix Inc said its quarterly profit more than doubled, boosted by strong growth in US and international subscribers as a price increase for its most popular US video streaming plan did not deter new users. Netflix added 570,000 US customers...
Bangladesh can save a large amount of foreign currency by manufacturing spare parts of mobile phones as such a capacity has been created in the country, an expert of the Bangladesh University of Engineering and Technology (BUET) has said. ‘Many...
FE Online Report | 2014-07-22 00:00:00
Grameenphone Ltd. reported revenue of BDT 51.1 billion for the first half of 2014, a 7.8 per cent up from the same period of last year. Service revenue grew 7.5 per cent (YoY) along with 14.3 per cent (YoY) growth...
Saudi Arabia plans to open its stock market, the Arab world's biggest, to direct investment by foreign financial institutions in the first half of next year, the market regulator said on Tuesday. The opening of the Saudi market, capitalised at...
Indonesian former general Prabowo Subianto, the likely loser in a bitterly contested presidential election, withdrew his candidacy on Tuesday, throwing the vote into confusion just hours before the results were due to be announced. But the move was unlikely to...
Branches of different scheduled banks will remain open at customs stations in Dhaka, Chittagong and Benapole on July 25, 26 and 28 before Eid-ul-Fitr. A Bangladesh Bank circular, issued on Tuesday, said the bank managements have been advised to take...
A firebrand Sri Lankan monk on Tuesday criticised the Dalai Lama for urging the island's Buddhists to halt violence against minority Muslims and rejected him as a global spiritual leader. Buddhist monk Galagodaatte Gnanasara said the Dalai Lama was ignorant...
Three labour leaders of the state-owned Crescent Jute Mills in Khulna have been sacked for besieging its administrative office to press for the payment of their dues. The mill authorities specified the cause of the termination in a notice signed...
The International Committee of the Red Cross (ICRC) has reiterated its commitment to help people in need in Bangladesh and ensure theirs safe access to healthcare during any crisis. ‘Every effort has to be made to ensure that first-responders and...
Grameenphone, country’s largest mobile phone operator, on Tuesday announced 95 per cent interim cash dividend for its shareholder. “Board of directors of the company has declared 95 per cent interim cash dividend for the year ending on December 31, 2014,...
Hillary Rodham Clinton said Monday that the US and Europe should work together to develop tougher sanctions on Russia while she backed President Barack Obama's calls for a thorough investigation into the passenger jet that was shot down last week...
The government will use mobile courts to make Dhaka’s 7 'important' areas free from beggars. The decision was taken at an inter-ministerial meeting headed by Social Welfares Minister Syed Mohsin Ali on Tuesday. Mobile courts will operate in the areas...
Lafarge Surma Cement Ltd has signed a toll grinding agreement with Metrocem Cement Ltd at a ceremony in the city’s Gulshan on Tuesday. Under the agreement, Lafarge Surma Cement will provide high quality clinker from its fully integrated cement plant...
The day Satya Nadella became Microsoft Corp. (MSFT)'s chief executive officer, he invited several dozen vice presidents to breakfast and had a simple, calm admonition for them: ‘Can you step it up?’ The engineer's tone was a departure from the...
As more US corporations do deals to cut taxes by shifting their tax domiciles overseas, the Senate Finance Committee will hold a hearing on Tuesday focused on these transactions known as inversions. Nine such deals have been agreed to this...
Argentine President Cristina Fernandez's unflinching poker face in the battle against "holdout" investors suing the country is increasing the odds that her government will default for a second time in 12 years at the end of this month. She has...
The state-owned specialised Bangladesh Krishi Bank (BKB) is in the leading position in setting target for providing agriculture credit among all the 56 banks operating across the country in the fiscal 2014-15. The BKB will distribute Tk 48.0 billion agriculture...
Thailand's junta won approval from the king Tuesday for an interim constitution mapping out year-long political reforms expected to curb the influence of fugitive ex-premier Thaksin Shinawatra. It was the first time the revered but ailing King Bhumibol Adulyadej, 86,...
Coca-Cola Co reported a 3 per cent fall in quarterly net profit due to restructuring of its juice operations in Russia and the separation of its Brazilian bottling operations last year. The company's net income attributable to shareholders fell to...
Syria's oil and gas industries have suffered total losses of $21.4 billion since the outbreak of the country's war three years ago, Oil Minister Suleiman Abbas said Tuesday. ‘The circumstances the country is going through have caused considerable losses to...
Baku WTA results on Tuesday (x denotes seeded player): 1st rd Vesna Manasieva (SRB) bt Ksenia Gaydarzhi (RUS) 6-0, 6-2 Kristina Mladenovic (FRA) bt Heather Watson (GBR x7) 6-2, 3-6, 6-0 Donna Vekic (CRO) bt Olga Savchuk (UKR) 7-6 (8/6),...
The state-owned specialised Bangladesh Krishi Bank (BKB) is in the leading position in setting target for providing agriculture credit among all the 56 banks operating across the country in the fiscal 2014-15. The BKB will distribute Tk 48 billion agriculture...
Marico Bangladesh, a company of pharmaceuticals and chemical sector, announced 150 per cent interim cash dividend for its financial year ending on March 31, 2015. Share price of Marico, however, declined by 1.48 per cent despite the announcement of the...
Japan and Mongolia will sign a free trade deal when their leaders hold talks in Tokyo later Tuesday, reports said, as Japan looks to tap the country's fast-growing economy and huge natural resources. Tokyo is also hoping the deal will...
A parliamentary watchdog has recommended dropping multiple choice questions (MCQs) from the preliminary test of Bangladesh Civil Service (BCS) examinations. Currently, job seekers have to sit a one-hour-long 100 mark MCQ exam in the preliminary test administered by Public Service...
The High Court summoned Tuesday the Deputy Commissioner of Cox’s Bazar for not complying with its order for evicting illegal establishments from Jilonhja mouja. An HC bench comprising justice Md Ashfaqul Islam and justice Md Ashraful Kamal asked DC Md...
The body of a schoolboy who was kidnapped from the city’s Demra area five days back was recovered from the same area Tuesday. The victim was identified as Md Hasan, 13, son of Anwar Hossain Anu and a class VIII...
RANGPUR, July 22: Armed muggers looted Tk .93 million from two sales representatives of mobile phone-based money switch ‘bKash’ in Kaunia upazila Tuesday. Witnesses said Moinul Hasan and Obaidullah went to Shahebganj Chatopool of Haragachh for supplying money to a...
Unicef Executive Director Anthony Lake met Prime Minister Sheikh Hasina at Walworth Academy in London on Tuesday and discussed issues of bilateral interest. The meeting was held before they attended the High-Level Session of the First Girl Summit 2014. Minister...
The number of returnees from trouble-torn Iraq keeps on rising as another batch of 30 Bangladesh nationals is scheduled to arrive Tuesday, according to a news agency. An Air Arabia flight carrying the Bangladesh nationals is scheduled land at the...
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