Syful Islam | 2014-05-26 00:00:00
The government has decided to introduce yet another short term bill for better handling of cash management, sources said. The instrument namely, 'cash management bill' will be of 14 days' limit which recently got approval of the Cash and Debt...
Eastland Insurance Company Limited has approved 15 per cent cash and 10 per cent stock dividends (bonus share) for the year that ended on December 31, 2013. The approval came at the 27th annual general meeting (AGM) of the company...
FE Report | 2014-05-26 00:00:00
A new board of Bangladesh Women Chamber of Commerce and Industry (BWCCI) for 2014-16 has been formed with Vice Chairperson of Nitol-Niloy Group Selima Ahmad as President. Hasina Newaaz, Proprietor of Orchid Printers, has been named Senior Vice President while...
Talha Bin Habib | 2014-05-26 00:00:00
German entrepreneurs will send their formal investment proposal to the government soon aiming to increase bilateral trade between the two countries, a joint chamber leader said. He said the German businessmen who visited the country last week have expressed their...
SINGAPORE, May 25 (AFP): When the value of his $20 million portfolio plunged in the 2008 global financial crisis, luxury car enthusiast Gerard Tan followed a growing trend among Asia's elite investors by turning to an independent adviser for help....
NEW DELHI, May 25 (PTI): Foreign investment inflows are estimated to more than double to $60 billion level this fiscal as overseas investors repose confidence in Narendra Modi-led government that is expected to unleash big-bang reforms to reboot the economy,...
NEW YORK, May 25 (Reuters): Chevron Corp is making the oil-rich Permian shale formation a top investment priority, aiming to turn its West Texas acreage into one of its top five assets by 2020, Vice Chairman George Kirkland said in...
India's forex reserves up by $11 billion MUMBAI, May 25: India's forex reserve rose by close to US $11 billion so far this fiscal on the back of massive inflows from overseas investors, who pumped in dollars into the domestic...
The Rapid Action Battalion will no longer set up checkpoints on the streets to carry out stop and search to put more focus on its primary objectives, the elite police unit says. A spokesperson for RAB told bdnews24.com that they...
FE Report | 2014-05-26 00:00:00
Bangladesh Frozen Foods Exporters Association (BFFEA) has sought intervention of the government to ensure smooth transportation of 100 per cent exportable frozen food items to different places of the country, officials said. BFFEA President Md Aminullah has sent a letter...
NEW DELHI, May 25 (BSS): The Narendra Modi-led new government of India is looking to economically integrate the South Asian 1.6 billion people. Currently, India runs a big $15-billion trade surplus with other Saarc countries, with exports worth $17.5 billion...
MOSCOW, May 25 (Reuters): Western sanctions will galvanise Russia into using the rouble as a currency for international trade, the country's prime minister Dmitry Medvedev said in an interview published on Saturday. "Trading for roubles - this is a definite...
MONROVIA, May 25 (AFP): Plagued by power shortages, an erratic water supply and spiralling inflation, many entrepreneurs in Liberia's capital are finding their efforts to prosper in their newfound peace impossible. The poor but mineral-rich west African state is seeing...
NEW DELHI, May 25 (AFP): The maker of India's Ambassador car has suspended production, citing debt and lack of demand for the iconic vehicle which came to define the country's political class, a company official said Sunday. Hindustan Motors, India's...
CAIRO, May 25 (Xinhua): The number of tourists who visited Egypt in April was down by 21 per cent comparing to the same month a year earlier, the tourism ministry said in a statement cited by state-run Al-Ahram website on...
FE Report | 2014-05-26 00:00:00
The communications ministry has sought an additional allocation of Tk 12.0 billion for the next fiscal year for completing its development projects under the Road Division properly. "The fund is badly needed for completing 56 projects including implementation of large...
ST PETERSBURG, May 25 (Reuters): Russia's President Vladimir Putin said on Saturday a route to supply gas to China via western Siberia may be implemented faster than the eastern route, through which Moscow has agreed to ship the fuel to...
A large blaze has destroyed a factory shop and damaged several other buildings in a Norfolk town centre. One hundred firefighters tackled the fire at its height in Fakenham's Market Square after it began at 10:15 BST. Eyewitness Andy Hogan...
WASHINGTON, May 25 (AFP) : Google, Facebook and wholesale retailer Costco offer the best pay and benefit packages in the United States, according to employee ratings compiled by the US job site Glassdoor.Apart from Costco, whose generous social benefits stand...
A three-day international conference on renewable energy will take place in the city on May 29-31, reports UNB. Electrical and Electronic Engineering (EEE) department of the United International University (UIU) will organise the conference titled '3rd International Conference on the...
TOKYO, May 25 (AFP) : Sony's latest bid to halt years of losses and resuscitate its brand has provoked snorts of derision among analysts who say it falls a long way short. The criticism came after Sony president Kazuo Hirai...
WORMS, Germany, May 25 (Reuters): Germany's Angela Merkel stressed the importance of Europe striking a free trade deal with the United States on Saturday, but added she would not allow the import of chlorine-washed chicken - a sticking point in...
Brazil economy likely slowed to near-halt in first quarter BRASILIA, May 25: Brazil's economy probably slowed to a near halt in the first quarter as investments slowed and factories cut back on production, burying hopes that a surprise rebound in...
US drugs giant Pfizer has withdrawn its £55 a share, £69bn takeover bid for UK pharmaceutical firm AstraZeneca. It said: "Following the AstraZeneca board's rejection of the proposal, Pfizer announces that it does not intend to make an offer." AstraZeneca's...
Yasir Wardad | 2014-05-26 00:00:00
With Ramadan approaching, prices of chickpeas, a widely-consumed commodity in the fasting month, have increased more than 16 per cent in the past seven days, officials and traders said. Most Bangladeshis break their fasting with date, puffed rice and curry...
NEW YORK, May 25 (Bloomberg): Gold futures fell for the second time in three days as signs of a recovery in the U.S. economy curbed demand for the precious metal as an alternative asset. Sales of new homes increased 6.4...
HONG KONG, May 25 (AFP): Young middle-class drinkers from Asia's emerging economies are being targeted as China's voracious appetite for wine slows down, organisers said ahead of the region's largest- ever wine and spirits fair, which opens Tuesday in Hong...
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