Shamsul Huda | 2014-07-02 00:00:00
Official software-export performance may miss the target in the fiscal year (FY) 2014, after a steady growth of the trade in the knowledge economy in last four years till FY13, sources said. Currently, the government maintains only the official data...
FE Report | 2014-07-02 00:00:00
The Asian Development Bank will lend Bangladesh $255 million for financing a project undertaken to protect riverbanks of Jamuna, Padma and the Ganges as erosion leaves many people homeless and devours croplands in their vicinities every year. An ADB multitranche...
LONDON/TOKYO, July 1 (Reuters): Manufacturing activity in Asia's industrial powerhouses China and Japan gained pace in June, fuelled by improving demand at home, but eurozone growth faltered as main motor Germany slowed. Business surveys published on Tuesday confirmed factory output...
COLOMBO, July 1 (Xinhua): Sri Lanka's inflation dipped to a record low of 2.8 per cent in June as the country maintained single digit inflation for the 65th month in a row, the country's central bank said on Tuesday. Inflation...
BASEL, Switzerland, July 1 (AFP): A watershed free-trade deal between China and Switzerland came into force on Tuesday, the first such accord between the Asian giant and a mainland European economy. Senior Swiss and Chinese officials were scheduled to mark...
JAKARTA, July 1 (Xinhua): Indonesian consumer price index accelerated at slower pace in June on yearly basis, allowing the central bank to keep its benchmark interest rate unchanged at its meeting earlier this month. The national statistic bureau announced Tuesday...
SYDNEY, July 1 (AFP): Australia's central bank kept interest rates on hold at a record low 2.5 per cent Tuesday, as a resilient currency and softening commodity prices hobbled the economy's shift away from mining. The Reserve Bank left the...
ST PETERSBURG, Russia, July 1 (Reuters): Economic growth in Russia is too low and is putting the country in a difficult situation, Central Bank Governor Elvira Nabiullina said on Tuesday. "Even 1.0 per cent is very little," Nabiullina said. "This...
FE Report | 2014-07-02 00:00:00
Bangladesh Bank Governor Dr. Atiur Rahman addressed the Frankfurt School of Finance & Management, Frankfurt faculty Monday on impact of remittance inflows into developing economies. In his presentation, Governor Rahman highlighted significance of wage earners' remittances in socioeconomic development of...
FE Report | 2014-07-02 00:00:00
The securities regulator Tuesday approved the proposals of rights offer of the Midas Financing and the Non-Convertible Subordinate Bond of AB Bank, officials said. The approvals came at a commission meeting chaired by the Bangladesh Securities and Exchange Commission (BSEC)...
FE Report | 2014-07-02 00:00:00
The public subscription of two companies -- Saif Powertec Ltd and Ratanpur Steel Re-rolling Mills Ltd -- will begin this month, officials said The initial public offering (IPO) subscription of Saif Powertec will begin on July 6 and remain open...
MUMBAI, July 1 (Reuters): The BSE Sensex rose for a third consecutive session on Tuesday as auto makers such as Maruti Suzuki India surged after stronger monthly sales, while strong foreign buying also underpinned sentiment. Foreign institutional investors bought shares...
Mr. Najmul Huq Chaudhury has been unanimously elected 'Independent Director' of Standard Bank Limited. He completed his degree from St. Xavier's College, Kolkata and received higher degree from Kolkata University. He served as Managing Director of Van Ommeren Tank Terminal...
Mr. A. S. M. Feroz Alam and Mr. M. S. Ahsan have been elected as Vice Chairmen of Mercantile Bank Limited. Mr. A. S. M. Feroz Alam is the Chairman of Premier Leasing Securities Ltd, Managing Director of Bengal Trading...
BRIDGETOWN, July 1 (AFP): New Zealand's perseverance with their frontline bowlers paid off eventually as the visitors completed a 53-run victory over the West Indies in the last hour of the third and final Test match at Kensington Oval in...
MARSEILLE, July 1 (Reuters): Uruguay striker Luis Suarez has finally apologised for biting Italy defender Giorgio Chiellini during a World Cup match and vowed there would never be a repeat of the incident. After initially denying that he bit Chiellini,...
TERESUPOLIS, July 1 (AFP): Brazil star Neymar will be fit to face Colombia in Friday's World Cup quarter-final in Fortaleza, a spokesman for the Brazilian Football Confederation (CBF) confirmed Monday. "It is not a problem for the game. He is...
LONDON, Jul 1 (AFP): England all-rounder Stuart Broad called for all those found guilty of match-fixing to be given the same lifetime ban as handed down to former New Zealand batsman Lou Vincent on Tuesday. The punishment, which was confirmed...
LONDON, July 1 (AFP): Top seed Novak Djokovic and defending champion Andy Murray closed in Monday on a mouth-watering Wimbledon semi-final duel after easing into the last eight at a wet and wild All England Club. Djokovic reached the quarter-finals...
PARIS, July 1 (AFP): The present French side can avenge the painful defeats of their predecessors in the 1982 and 1986 World Cup semi-finals when they face Germany in Friday's quarter-final, said Maxime Bossis, who played in both of those...
RIO DE JANEIRO, July 1 (AFP): Algeria and Nigeria headed home Tuesday after another five-prong African World Cup challenge came to a disappointing end in Brazil. While the 'Desert Foxes' and 'Super Eagles' proved combative last-16 opponents for Germany and...
NZ's Vincent gets life ban for fixing WELLINGTON, July 1: Disgraced former New Zealand batsman Lou Vincent Tuesday was banned for life from cricket for match-fixing, admitting he was a cheat who had shamed the sport and his country. "My...
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