Badrul Ahsan | 2014-06-25 00:00:00
The state-run telecom operator BTCL is shifting its focus from landlines to wireless data service for survival, officials have said. To this effect, the company has applied to the telecom regulator seeking allocation of spectrum before setting up a network...
BUDAPEST, June 24 (AFP): Hungary's central bank cut its main interest rate to a record low 2.30 per cent on Tuesday, the latest in a lengthy easing cycle despite a warning from the IMF. Earlier this month, the International Monetary...
BERLIN, June 24 (Reuters): German business sentiment weakened more than expected in June as concern grew among companies in Europe's largest economy that tensions in Ukraine and Iraq would hurt their business. The Munich-based Ifo think tank's business climate index...
FE Report The Bangladesh Association of International Recruiting Agencies (BAIRA) has decided to continue its efforts to cut migration cost and extend its support to the government in this connection. The decision was taken at the BAIRA Executive Committee (EC)...
LONDON: European stock markets closed in negative territory Tuesday, as the United States—the world’s biggest economy—recorded its biggest contraction in five years. London’s FTSE 100 index of top companies lost 0.79 per cent to end the day at 6,733.62 points....
LONDON, June 24 : Global bank HSBC announced on Tuesday the sale of a portfolio of private banking assets in Switzerland for an undisclosed amount to Liechtenstein's LGT Bank. HSBC added in a statement that the portfolio had assets under...
BEIJING, June 24 : China may have difficulty meeting its fiscal revenue target for 2014 due to a slowing economy and tax reform, the country's finance minister said on Tuesday. "For the rest of the year, as the downward pressure...
HERZOGENAURACH, Germany, June 24 : German sportswear firm Adidas expects to meet its target for 2 billion euros ($2.7 billion) of soccer sales this year as the World Cup fires demand for its shirts, boots and balls, it said on...
SINGAPORE, June 24 : Singapore is set to announce the launch of a gold futures contract on Wednesday, two sources familiar with the matter said, joining a race in Asia to provide a viable alternative to the metal's global benchmark...
Describing the advance tax on savings certificates as a barrier to boosting investment, Agriculture Minister Begum Matia Chowdhury Tuesday said such imposition discourages especially the small savers including pensioners and the similar people who mainly depend on their ultimate cash...
TOKYO, June 24 (AFP): Japanese Prime Minister Shinzo Abe unveiled a fresh round of reforms Tuesday, in the latest bid to cement a fragile recovery, his second attempt to fire the "third arrow" of his economic action plan. In a...
BRUSSELS, June 24 (AFP) : The EU beat out the United States to become the world's top exporter of agricultural and food products last year, a European Commission report on the global farming market said Monday. Fuelled by record sales...
FE Report With after-sale 10 years' warranty for the first time ever, China's top-brand 'Haojue Cool Bike' hit Bangladesh market. Karnaphuli group, one of the oldest business conglomerates in the country, launched their state-of-the-art merchandise Haojue at an inaugural ceremony,...
FE Report The World Bank (WB) has asked for improving implementation progress of its funded Chittagong Water Supply Improvement and Sanitation (CWSIS) Project. The project aims at increasing supply of safe and clean water in Chittagong by constructing selected water...
Toshiba drops plan to buy Alstom grid business TOKYO, June 24 : Japan's Toshiba has dropped plans to buy Alstom's power grid business from General Electric, a report said Tuesday, because the US giant is to set up a joint...
Our Correspondent CHITTAGONG, June 24: Former mayor of Khulna City Corporation (KCC) Talukdar Abdul Khalek MP has said the present industry-friendly government attaches the highest importance to industrial development, as industries generate employment in the country. He was speaking as...
Our Correspondent | 2014-06-25 00:00:00
CHITTAGONG, June 24: A business delegation from Bangladesh, while visiting the US, has expressed hope that the tour will be mutually beneficial for business societies of both the countries. The visit will also add value to the diplomatic relations of...
Prime Minister Sheikh Hasina on Wednesday made a courtesy call on President Abdul Hamid at Bangabhaban. During the meeting, the Prime Minister apprised the President about the outcomes of her recent visit to Japan and China. The Prime Minister apprised...
BEIJING, June 24 (Reuters): China and Australia, which have been trying to set up a bilateral free trade agreement (FTA) for years, are determined to sign a deal by the end of this year, Australia's trade chief said on Tuesday...
SINGAPORE, June 24 (AFP): Singapore is mounting a drive in China to market itself as a standalone tourism destination, officials said Tuesday, after a drop in Chinese arrivals to neighbouring countries affected the city-state. The Straits Times newspaper reported Tuesday...
NAIROBI, June 24 (Xinhua): The World Bank Monday launched its new development strategy for Kenya aimed at boosting economic growth and creating more jobs for young people. World Bank Country Director for Kenya Diarietou Gaye said the joint strategy by...
LEEDS, June 24 (AFP): Joe Root and Moeen Ali prevented England losing further wickets in the second Test against Sri Lanka before rain on Tuesday's final day at Headingley bolstered the hosts' hopes of a draw. Root (nine not out)...
Bangladesh Navy and Power Development Board (PDB) reached the men's final of the Marcel LED TV Beach Volleyball eliminating their rivals in the semifinals on the 3rd day of the four-day competition at the Laboni point of Cox's Bazar Tuesday,...
PORTO ALEGRE, June 24 (AFP): Nigeria face Lionel Messi's already qualified Argentina in Porto Alegre on Wednesday with a first appearance in the last 16 since 1998 tantalisingly within the African champions' grasp. Tens of thousands of Messi fans are...
Jatiya Party MP Ziauddin Ahmed Bablu on Wednesday said it was Awami League's 'mistake' in 1990 which made BNP such a big party. "There was no level-playing field in the elections after Jatiya Party handed over power in 1990. I...
League leader Sheikh Jamal Dhanmondi Club further consolidated their claim to clinch the Nitol-Tata Bangladesh Premier Football League crown beating lowly Feni Soccer Club by 5-3 goals in the 3rd leg match at the Bangabandhu National Stadium on Tuesday, reports...
Speakers at a discussion in Dhaka on Wednesday demanded the expansion of environmental courts at district level to facilitate people to avail themselves of its benefit in protecting the environment from pollution across the country. There are currently three environmental...
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