GUWAHATI, May 24 (Economic Times): State-owned Syndicate BankBSE 7.86 per cent has decided to invest close to Rs 1.0 billion to upgrade its Information technology (IT) platform to improve customer service while it planning to hire 5,200 this fiscal to...
SEOUL, May 24 (Xinhua): South Korea's trade terms were enhanced last month on the back of lower import costs, central bank data showed Friday. The net terms-of-trade index for goods, a gauge of trade terms, increased 0.7 per cent in...
BERLIN, May 24 (Xinhua): Driven by domestic demand, Germany's economy doubled its growth in the first quarter of 2014, the German Federal Statistical Office (Destatis) said on Friday, confirming its preliminary estimate earlier this month. Adjusted for price, seasonal and...
FE Report | 2014-05-25 00:00:00
The CNG-run auto-rickshaw owners have given the government a three-day ultimatum to set the economic life-span of their vehicles at 15 years. The ultimatum came at the human chain programme organised by Dhaka City CNG Auto-Rickshaw Owner's Association in front...
The Unnayan Onneshan (UO) in its current monthly issue of the Bangladesh Economic Update (BEU) has pointed out an increasing trend in unemployment together with increased underemployment, declined employment in the formal sector, rising youth unemployment and higher participation of...
SYDNEY, May 24(Xinhua): The arrival of China's Agricultural Bank (ABC) and Australia's hard-push on Asian free trade agreements is expected to soon bear fruit, with research this week signaling a strong increase in revenue for the agricultural sector and a...
TOKYO, May 24 (Reuters): Bank of Japan Governor Haruhiko Kuroda said the central bank still has policy options left if it were to ease monetary policy further to fend off risks that may threaten the achievement of its price target....
Information Minister Hasanul Haq Inu has said if the maritime transports system is made safe and reliable, it will inject new momentum into the economy, reports BSS. The minister was speaking at a rally at BIWTA terminal at Sadarghat in...
French economist's inequality theory flawed LONDON, May 24 - French economist Thomas Piketty's best-selling book on income inequality is flawed by errors in his data, the Financial Times newspaper said today. An investigation by the British broadsheet found there was...
Our Correspondent | 2014-05-25 00:00:00
CHITTAGONG, May 24: The Clevedon Tea Estate, a tea garden of the leading tea business house HRC Group in Moulvibazar, emerged the best garden of the country in the season 2013-14. The assessment was made based on the prices the...
RAJSHAHI, May 24 (BSS): Mango, the highest juicy and delicious fruit of the summer season, has started appearing in the markets of Rajshahi and Chapainawabganj districts, famous for the juicy summer fruit, for the last few days. Some indigenous varieties...
LONDON, May 24(AFP) : Global oil prices rallied this week on strong US crude demand and Ukraine tensions, while star performer palladium hit a three-year peak on supply fears in South Africa and Russia. Base or industrial metals meanwhile swung...
An analysis of the national budget sees a declining trend of allocation in water, sanitation and hygiene (WASH) for the last four years, reports UNB. The allocation in FY 2010-11 was 2.4 per cent of the total budget that disappointingly...
Police barred the lawyers from entering the Supreme Court (SC) premises to hold a rally Saturday, reports UNB. BNP chairperson Khaleda Zia was supposed to attend the rally as the chief guest. Police blocked the lawyers' way by putting the...
Foreign Minister (FM) AH Mahmood Ali said Saturday that there is no official announcement yet over Indian Prime Minister-elect Narendra Modi's visit to Dhaka, reports UNB. "We don't know about it (Modi's visit) yet. Let it be done first. Let...
Deputy Speaker Fazle Rabbi Miah has been made president of SUID Bangladesh that had been working for the welfare of the children with disabilities, reports BSS. During a meeting of its advisory committee Saturday, Debapriya Barua proposed to make deputy...
Bangladeshi hurt in BSF firing THAKURGAON, May 24: A Bangladeshi youth was shot and injured by Indian Border Security Force (BSF) at Nagarbhita frontier under Baliadangi Upazila Saturday. The injured was identified as Qurban Ali (30), son of Pashirul Islam...
FE Report | 2014-05-25 00:00:00
Speakers at a seminar said Saturday that Bangladesh still could not exploit its marine resources within its maritime boundary in the Bay of Bengal (BoB) compared to other countries due to lack of survey and modern technology. They also observed...
FE Report | 2014-05-25 00:00:00
Leaders in information and communication technology (ICT) sector emphasised withdrawal of Value Added Tax (VAT) on internet use to make it affordable for greater value addition of the society. They said internet is the gateway to all types of activities,...
Prime Minister (PM) Sheikh Hasina Saturday expressed deep shock at the death of Bangabandhu's cousin and his longtime companion Mominul Huq Khoka, reports UNB. In a condolence message, Hasina said she had lost a guardian and genuine well-wisher at Khoka's...
The 115th birth anniversary of National Poet Kazi Nazrul Islam will be celebrated across the country today (Sunday), reports UNB. The government and various socio-cultural and political organisations have chalked out elaborate programmes to observe the day. The programmes include...
Rain or thundershowers accompanied by temporary gusty or squally wind is likely to occur at a few places over Dhaka, Barisal and Chittagong divisions and at one or two places over Rajshahi, Rangpur, Khulna and Sylhet divisions in next 24...
Fulgazi Upazila chairman Ekramul Haq has been killed as per a blueprint crafted by local Awami League leader Jihad Chowdhury in which over 50 people took part, says the Rapid Action Battalion (RAB), reports UNB. "Jihad Chowdhury masterminded the killing...
Khalilur Rahman | 2014-05-25 00:00:00
Prime Minister (PM)Sheikh Hasina directed the relevant ministries last week to clear four rivers around Dhaka city and two in Chittagong of unauthorised occupation. The PM also asked the authorities concerned to make the rivers pollution-free as soon as possible....
FHM Humayan Kabir | 2014-05-25 00:00:00
The government has included 959 unapproved fresh development projects in the Annual Development Programme (ADP) for the next fiscal year (FY) 2014-15 without giving any fund allocations, officials said Saturday. Presided over by Prime Minister Sheikh Hasina, the National Economic...
Monira Munni | 2014-05-25 00:00:00
Workers of the closed readymade garment (RMG) units are being deprived of their lawful facilities as owners are not following the existing law relating to wage payments and other service benefits, labour leaders alleged. Since the beginning of inspection by...
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