Banglalink Digital Communications Limited ("Banglalink"), the country's 2nd largest mobile operator has priced a 5-year USD 300 million. The historic transaction marks the first ever international bond offering from Bangladesh, receiving at the same time, robust demand from investors worldwide....
FE Report | 2014-04-30 00:00:00
Green Delta Insurance Company Ltd (GDICL) Tuesday launched an insurance product, which is the first of its kind in Bangladesh as especially dedicated for the women. The new product-- Nibedita-- will give a wide range of coverage for the women's...
Rezaul Karim | 2014-04-30 00:00:00
The government has initiated a fresh move to offload shares of 20 state-owned enterprises (SoEs) in the capital market amid failure of the state entities to do so for the last couple of years, officials said. Under the move, the...
HONG KONG, Apr 29 (AFP): Asian markets were mixed in edgy trade Tuesday following a pick-up on Wall Street as investors await key economic news from around the world later in the week. The dollar maintained the gains against the...
Shah Alam Nur | 2014-04-30 00:00:00
Apparel factories with a good track record of workers' welfare are receiving increased orders from global retailers and buyers, industry insiders said. Big factories compliant with labour standards have seen a sharp increase in work orders in recent months. Workers'...
FE Report | 2014-04-30 00:00:00
The government on Tuesday approved a Tk 10.50 billion project to offer technical education to around 260,000 people to meet the growing demand for skilled manpower at home and abroad. Presided over by the Prime Minister Sheikh Hasina, the Executive...
Chairman of Runner Group of Companies Hafizur Rahman Khan has been re-elected the president of International Business Forum of Bangladesh (IBFB), said a press statement. Besides, chairman of Bengal Bay Group Dr Md Omar Shafayat Kausar and CEO of Energypac...
Volvo India appoints Kamal Bali as MD BANGALORE, Apr 29: Volvo India has appointed Kamal Bali as managing director with immediate effect. The ambitious targets of the Volvo Group now make it necessary to reinforce the structure of the joint...
FE Report | 2014-04-30 00:00:00
The leading bankers, economists and experts of the country Tuesday suggested ensuring deeper understanding among the South Asian countries to face challenges posed by external sector openness. The suggestion came at a SAARCFINANCE seminar on 'Management of External Sector Openness...
KATHMANDU, Apr 29 (Xinhua): Nepal's economy will grow by 5. 2 per cent during the current fiscal year (FY), up from 3.5 per cent which the country had achieved in the last fiscal year, recent government estimates shows. The preliminary...
LONDON, Apr 29 (AFP): Britain's economic recovery picked up further speed in the first quarter, official data showed on Tuesday, boosting the coalition government one year before the country's next general election. The economy has expanded for five successive quarters,...
LONDON, Apr 29 (Reuters): European banks must show they can survive simultaneous routs in bonds, property and stocks, in the toughest test so far by regulators aiming to restore confidence in an industry that had to be rescued by taxpayers...
The Parliamentary Standing Committee on Public Accounts discussed Tuesday audit objections of the office of the Comptroller and Auditor General (CAG) against the store department of Bangladesh Railway, reports BSS. Audit objections of the fiscal years from 2006-07 to 2008-2009...
HELSINKI, Apr 29 (Reuters): Nokia named the man who led a turnaround at its main telecoms network business as its new chief executive on Tuesday, boosting investors' confidence in the future of the company following the sale of its once...
FE Report | 2014-04-30 00:00:00
Banglalink, the country's 2nd largest mobile telecom operator, Tuesday commercially launched 3G services in Tangail to provide its customers with high-speed internet connectivity. Marking the event, the telecom operator arranged a colourful rally in the town's Nirala intersection with participation...
MADRID, Apr 29 (AFP) : Spain's unemployment rate climbed to nearly 26 per cent in the first quarter of 2014, official data showed today, as millions searched in vain for a job in a halting recovery from recession. Despite emerging...
Edotco Bangladesh signed a 10-year term agreement with Radio Foorti in the city recently, said a press release. Edotco Director (finance) Faruk Ahmed and Radio Foorti Director and Chief Operating Officer Muhammad Rezaul Huq signed the deal on behalf of...
SEOUL, Apr 29 (AFP): Samsung Electronics reported Tuesday its net profit had risen 5.9 per cent year-on-year in the first quarter with a decent showing by its chips division offsetting sliding smartphone revenue. The South Korean giant logged 7.57 trillion...
BP announces slump in profits LONDON, Apr 29 : BP profits plunged in the first quarter compared with one year earlier when the group sold its stake in a Russian joint venture, the British energy giant said on Tuesday. Net...
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