Badrul Ahsan | 2014-06-12 00:00:00
The Bangladesh Railway (BR) is set to procure 120 units of AC and non-AC coaches under the Indian $1.0 billion line of credit (LoC) package, officials said. Out of the 120 coaches, 34 will be air-conditioned and the rest 86...
Talha Bin Habib | 2014-06-12 00:00:00
The ministry of textiles and jute (MoTJ) has initiated a project worth Tk 2.16 billion for setting up 23 textile vocational institutes aiming to equip the underprivileged youths with critical technical skills set, officials said. The ministry has sent development...
An agent of ‘bKash’, a mobile money transfer service provider, went missing after withdrawing Tk 6.0 million from a bank in Bagerhat district town on Thursday noon. Locals said Shahin Hawlader, son of Sultan Hawlader of Bhatkhali village in Morelganj...
FE Report | 2014-06-12 00:00:00
Bangladesh Women Chamber of Commerce and Industry (BWCCI) has launched an initiative to help 5,000 women entrepreneurs graduate from micro to SME level while bringing them into the mainstream of the private sector by 2020. The initiative '2020: (Mainstreaming Women...
Emirates cancels order for 70 Airbus planes PARIS, June 11: Emirates airline announced on Wednesday that it had cancelled an order for 70 long-haul A350 planes from European manufacturer Airbus. The decision was taken following "on-going discussions with the airline...
Rezaul Karim | 2014-06-12 00:00:00
Country's private sugar refiners want to export 1.85 million tonnes of sugar which remains unsold after meeting domestic demand aiming to earn foreign currencies worth Tk 80 billion, officials said. Some seven international standard sugar refineries have already been set...
FE Report | 2014-06-12 00:00:00
Country's plastic goods makers requested the government Wednesday to review some of its fiscal measures including providing of a 20 per cent cash incentive, refixing the tax at source at 0.30 per cent and also tax holiday facilities. The Bangladesh...
NEW DELHI, June 11 (AFP): India's exports jumped to a six-month high in May, data showed Wednesday, in an encouraging sign for new Indian Prime Minister Narendra Modi who has pledged to reform and revive the struggling economy. Exports slept...
COLOMBO, June 11 (Xinhua): A 20-member high powered business delegation from China will arrive in Sri Lanka this month to explore trade opportunities in the country, Sri Lanka's leading trade body said on Wednesday. The Ceylon Chamber of Commerce said...
TOKYO, June 11 (Xinhua): Business sentiment at Japan's large companies was hurt by April's sales tax hike, the first hike in 17 years, in the second quarter of 2014 for the first time in six quarters, according to a newly...
KUALA LUMPUR, June 11 (Xinhua): The sales value of Malaysia's manufacturing sector in April rose 7.7 per cent on year, official statistics showed. According to a report by the country's Department of Statistics on Wednesday, the sales value increased to...
There has been a declining trend of allocation for water, sanitation and hygiene (WASH) for the last five years in the national budget, shows an analysis. The allocation for the sector in fiscal year (FY) 2010-11 was 2.39 per cent...
BEIJING, Jun 11 (Reuters) : China's central bank said on Wednesday it will keep monetary policy steady in 2014, even as the finance ministry said fiscal spending had surged nearly 25 percent in May from a year earlier, highlighting government...
TOKYO, June 11 (AFP) : Toyota on Wednesday recalled 2.27 million vehicles globally over an airbag system defect that could cause fires, dealing another blow to the world's biggest automaker whose safety reputation has been dented in recent years. The...
Finance Minister Abul Maal Abdul Muhith said Wednesday Bangladesh Krishi Bank (BKB) and Rajshahi Krishi Unnayan Bank (RAKUB) have been working through 1,404 branches across the country for the development of the agriculture sector, reports BSS. "The BKB has 1,028...
SINGAPORE, June 11 (AFP) : Singapore Telecom, Southeast Asia's biggest telecom firm by revenue, said Wednesday it will buy two mobile advertising companies for a total of $385 million to further boost its digital business. Amobee, a digital advertising firm...
GM may be driving past ignition switch crisis DETROIT, June 11: For signs that General Motors Co's ignition switch crisis may be fading, look no farther than the quiet annual meeting this week. A total of 29 shareholders attended, and...
Prime Minister (PM) Sheikh Hasina told the Jatiya Sangsad (JS) Wednesday that there was no need to import rice at the state level, as the country witnessed good production of paddy, reports BSS. "The country has now a stock of...
All the good liquoring varieties witnessed good response from buyers and were mostly dearer as there was a competition in the weekly tea market in Chittagong Tuesday, said a press release. Blenders continued to give fairly good support with Loose...
Communications Minister Obaidul Quader has said tenders would be floated for Dhaka metro rail project in December 2015. "The commercial operation of the metro rail will start in December, 2019," he said while inaugurating piling work for development of a...
RAJSHAHI, June 11 (BSS): The Rajshahi City Corporation (RCC) will construct six more secondary waste transformer stations at a cost of Tk 62.40 million aiming to remove household waste under a modern method. The stations are being built under the...
Sagicor High Performance Centre of West Indies took a 2-0 lead beating Bangladesh A by three wickets in the 2nd match of their three-match ODI series at Windward Park in Barbados on Tuesday, reports UNB. Andre Russell's six-wicket haul, his...
All round performance by Monir Hossain enabled Barisal DSA to make a flying start in the 34th National Cricket Championship beating Naogaon DSA by 104 runs at the Sheikh Kamal International Cricket Stadium in Cox's Bazar on Wednesday, reports UNB....
World Cup records SAO PAULO, June 11 (AFP): World Cup records according to world governing body FIFA ahead of the 2014 edition which begins in Sao Paulo on Thursday: Most World Cup wins 5 -- Brazil (1958, 1962, 1970, 1994,...
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