SEOUL, Aug 27 (AFP) : South Korea's ferry disaster in April is still casting a cloud over the economy, with the effect on consumer spending lasting longer than expected, the central bank said Wednesday. More than 300 people died when...
Faruque Ahmed | 2014-08-28 00:00:00
Petrobangla is preparing to create some new gas blocks in the continental shelf of the Indian ocean which has been awarded to Bangladesh by the UN arbitral court in the recent final settlement of maritime dispute with Delhi. Petrobangla Chairman...
The government has sought support from Japan to set up a marine research institute and a modern marine aquarium in the country to conduct research on marine resources. State Minister for Science and Information and Communication Technology (ICT) Yeafesh Osman...
Bangladesh Bank (BB) earned a net profit of Tk 33.52 billion in the fiscal year (FY), 2013-14, with Tk 15.63 billion transferable profit to the national exchequer, according to the Bangladesh Bank's Account for 2013-2014. The figure was disclosed while...
The authorities concerned have been directed to ensure quick completion of priority-based projects maintaining due quality. Industries Minister Amir Hossain Amu gave the directive while presiding over an evaluation meeting on the projects taken up in the recently-ended fiscal year...
Mr Nazmul Huda, a Bangladeshi scientist, has been granted patent on his application filed on February 14, 2013 titled "Mains Operated Competitive Super Energy Saving Lights" by the Department of Patents, Designs and Trademarks of the government of Bangladesh, said...
FE Report | 2014-08-28 00:00:00
Bilateral trade between Bangladesh and Russia is set to reach US$1.0 billon by the end of the year, a senior Russian diplomat in Dhaka said Wednesday. "Bangladesh has the potential to increase its export to Russia as the volume of...
GAZIPUR, Aug 27 (BSS): Ambassador of the United States in Bangladesh Dan Mozena expressed the hope today that Bangladesh would be a prosperous country in Asia. "I believe that Bangladesh will be the Asian tiger in real sense one day,"...
NEW DELHI, Aug 27 (Xinhua): India has put off signing a free trade agreement (FTA) with ASEAN in service and investment, because of the BJP-government under Prime Minister Narendra Modi does not want to do it in a hurry, said...
FE Report | 2014-08-28 00:00:00
The second "Bangladesh Investment Summit, Asia" is set to be held in Singapore next week aiming to showcase Bangladesh's tremendous investment potentials and opportunities to the Asian investors. Standard Chartered Bank (SCB) Bangladesh and The City Bank Limited jointly announced...
FE Report | 2014-08-28 00:00:00
Share trading of Far East Knitting & Dyeing Industries Ltd (FEKDIL) will commence at the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) today (Thursday) under 'N' category, officials said. Far East Knitting & Dyeing is the 34th listed...
The 117th meeting of the Executive Committee of the Board of Directors of Standard Bank Limited was held Wednesday. Chairman of the committee Mr. Mohammad Shamsul Alam presided over the meeting. — Statement
Korean Exchange team visits DSE, CSE A delegation of the Korean Exchange has visited the country's both the bourses to have idea about the exchanges' operation, rules and regulations and the prospects of foreign investments, officials said. The delegation visited...
FE Report | 2014-08-28 00:00:00
Stocks went up marginally Wednesday for the third straight session amid choppy trading, with turnover dipped below Tk 6.0 billion after eight sessions, as large cap stocks held to end in positive territory. The market opened higher in the morning,...
The U.S. Agency for International Development (USAID) and the Rockefeller Foundation have announced a $100 million Global Resilience Partnership that lays out a bold new vision for building resilience to disasters, food insecurity, the effects of climate change and other...
FE Report | 2014-08-28 00:00:00
The introductory meeting of Mobile Money Consultative Group was held Wednesday at FHI 360's Bangladesh country office. Organized by USAID's Mobile Solutions Technical Assistance and Research (mSTAR) project, the meeting was attended by 21 participants from different donor agencies, development...
FE Report | 2014-08-28 00:00:00
BDBL Investment Services Limited (BISL) has started its operation as a subsidiary company of the Bangladesh Development Bank Limited (BDBL) to comply with the rules set by the securities regulator, officials said. The officials said the BISL earlier got the...
MUMBAI, Aug 27 (Reuters): The BSE Sensex and Nifty rose on Wednesday to record closing highs as expectations of further monetary stimulus in the Euro zone raised hopes of continued foreign inflows, lifting blue-chips such as ICICI Bank Ltd. The...
MUMBAI, Aug 27 (Business Standard): Dabur India is trading 3 per cent higher at Rs 234, extending its previous day's about 2 per cent gain, on back of huge delivery-based buying. Shares of personal products maker had opened at Rs...
Prime Minister (PM) Sheikh Hasina alleged Wednesday that BNP chairperson Khaleda Zia was involved in the BDR mutiny as she "fled from her house during the mutiny and went underground," reports UNB She also expressed her suspicion about the involvement...
The BNP-led 20-party alliance alleged Wednesday that the government is trying to put the final nail into the coffin of the judiciary by empowering an 'unacceptable and unrepresentative' parliament to impeach Supreme Court (SC) judges, reports UNB. "Why is the...
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