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Photo: MTB Tax Collection Booth

2014-04-24 00:00:00

S\\\'pore CPI inflation climbs to 1.2pc in Mar

2014-04-24 00:00:00

SINGAPORE, Apr 23 (Xinhua): Singapore's consumer price index (CPI) inflation rose to 1.2 per cent in March from the four- year low of 0.4 per cent in February, the Department of Statistics said Wednesday. The rise, which was slightly higher...

Investors conquer difficulties in African market

2014-04-24 00:00:00

BEIJING, Apr 23 (Xinhuanet): Chinese investors are conquering more difficulties in the diversified and competitive African market, as the continent paves the way for many Chinese companies' to go global. "Chinese companies are investing in large size in the African...

Govt urged to increase trade with Malaysia

2014-04-24 00:00:00

The government has been urged to take initiative to increase trade and investment between Bangladesh and Malaysia. Secretary General of Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) Raquib Mohammad Fakhrul made the appeal while a team of the trade body...

90pc banks give loan in riskier assets: BOJ

2014-04-24 00:00:00

TOKYO, Apr 23 (Reuters): Over 90 per cent of Japanese banks have increased loans and investment in riskier assets in the past year, the Bank of Japan (BOJ) said on Wednesday, suggesting that the wall of money it is pumping...

Peru slashes 2014 GDP growth view to 5.5pc

2014-04-24 00:00:00

LIMA, Apr 22 (Reuters): Peru's central bank slashed its forecast for this year's economic expansion to 5.5 per cent from 6 per cent on dimmer expectations for the country's crucial mining sector, the bank's president said. The new growth forecast,...

Summit on Internet governance opens in Brazil

2014-04-24 00:00:00

SAO PAULO, Apr 23 (AFP): A summit on Internet governance kicks off in Brazil today, aiming for a new global partnership in the wake of revelations on US online surveillance. Brazilian President Dilma Rousseff called the gathering last years amid...

exchange rate

2014-04-24 00:00:00

Photo: Energypac Power Generation Limited (EPGL) and Bangladesh Power Development Board (BPDB)

2014-04-24 00:00:00

Tofail urges RMG buyers to raise prices for workers\\\' benefit

FE Report | 2014-04-24 00:00:00

Commerce minister Tofail Ahmed urged the Bangladesh garment buyers Wednesday to increase their prices for the betterment of the workers and owners. The minister made the appeal while a Canadian business delegation wanted to know whether Bangladesh has anything to...

India anti-graft champion accuses rivals of sell-out

2014-04-24 00:00:00

VARANASI, India, Apr 23 (AFP) : Firebrand anti-corruption champion Arvind Kejriwal accused his rivals in India's elections on Wednesday of selling out to big business by accepting hundreds of millions of dollars to bankroll their campaigns. As he arrived in...

ILO Deputy DG hails payments to Rana Plaza victims

2014-04-24 00:00:00

Deputy Director-General for Field Operations and Partnerships of the International Labour Organisation (ILO) Gilbert Houngbo welcomed compensation payments made by the Rana Plaza Coordination Committee to survivors of the Rana Plaza tragedy and the families of those who died on...

China manufacturing improves slightly in April: HSBC

2014-04-24 00:00:00

BEIJING, Apr 23 (AFP) : Chinese manufacturing activity improved slightly in April as domestic demand showed "mild improvement", HSBC said Wednesday, but it warned the world's second-largest economy was still showing signs of weakness. The banking giant's preliminary purchasing managers'...

Wal-Mart to report how compliance targets impacted executive pay: WSJ

2014-04-24 00:00:00

WILLISTON, Apr 23 (Reuters) : Wal-Mart Stores Inc  is set to report as soon as Wednesday on how its executives performed on their goals to overhaul compliance operations and how that affected their pay, the Wall Street Journal reported. The...

News in brief

2014-04-24 00:00:00

Spain economy 'firmly improving' : Moody's MADRID, Apr 23: Credit rating agency Moody's said Tuesday that Spain is "now firmly on an improving trend" with exports boosting the euro zone's fourth-biggest economy as it crawls out of recession. "While exports...

Photo: UK-Bangladesh Catalysts of Commerce and Industries (UKBCCI)

2014-04-24 00:00:00

Soft Australia inflation takes pressure off rate rise

2014-04-24 00:00:00

SYDNEY, Apr 23 (AFP) : Australian inflation was weaker than expected in the first quarter of the year, data showed Wednesday, easing pressure on the central bank to hike interest rates as it supports the transition from a mining-driven boom....

More interest observed from Loose tea and export buyers

2014-04-24 00:00:00

Offerings again comprised of end of season quality. Blenders were very selective but there was a little more interest from the Loose tea and Export buyers. Dusts witnessed slightly improved demand with less withdrawals, National Brokers Limited press release said....

Ginger price touches record level

Yasir Wardad | 2014-04-24 00:00:00

Ginger price has hit an all-time high of Tk 250 per kg in the domestic market due mainly to its global price spike and decline in local production, traders and officials said on Wednesday.   Retail prices of imported ginger ranged...

Gold steadies above 2-1/2 month low as dollar, stocks ease

2014-04-24 00:00:00

LONDON, Apr 23 (Reuters) : Gold steadied on Wednesday above a 2-1/2 month low hit the previous session, as a softer tone to equities and the dollar helped arrest its slide above a key chart level, but demand from investors...

China yuan hits 16-month low against dollar

2014-04-24 00:00:00

SHANGHAI, Apr 23 (AFP) : China's yuan currency extended its downtrend against the dollar Wednesday to hit a 16-month low, despite the country's central bank fixing its trading point for the unit at a higher level. The unit fell to...

Oil prices down ahead of US stockpiles report

2014-04-24 00:00:00

SINGAPORE, Apr 23 (AFP) : Oil prices edged lower in Asian trade today despite hopes that a key US stockpiles report would beat bearish forecasts and ease concerns about tepid demand in the world's top crude consumer. New York's main...

Global Commodity Prices

2014-04-24 00:00:00

ACC probe team finds illegal wealth of Rana Plaza owner

FE Report | 2014-04-24 00:00:00

The Anti-corruption Commission (ACC) has found the proof of illegal wealth accumulation by Sohel Rana, owner of Rana Plaza, secretary of the anti-graft body Foyzur Rahman Chowdhury said Wednesday. "After thorough investigation into the allegation which is now at final...

Demand for due equal share of water from 54 common rivers

2014-04-24 00:00:00

The Democratic Left Alliance (DLA) will organise a national convention in Dhaka on May 23, demanding due share of water from 54 common rivers, including the Teesta, reports UNB. The national convention was called as part of its ongoing movement...

Govt employees on LPR to receive full retirement benefit: HC

FE Report | 2014-04-24 00:00:00

The High Court Wednesday directed the authorities concerned to give all relevant facilities of two-year extension of retirement age to the government employees, who were on LPR during publication of the retirement age gazette notification. A HC bench in judgment...

BCL leader\\\'s tendons cut in C\\\'nawabganj

2014-04-24 00:00:00

CHAPAINAWABGANJ, Apr 23 (UNB): Miscreants stabbed a local leader of Bangladesh Chhatra League (BCL) and cut off the tendons of his legs and hands in Nababganj Government College gate area of the district town on Tuesday night. The victim was...

Outlaw killed in Jessore \\\'gunfight\\\'

2014-04-24 00:00:00

BENAPOLE (Jessore), Apr 23 (UNB): An outlawed party leader was killed in a 'gunfight' between his cohorts and police in Abhaynagar Upazila of Jessore district early Wednesday. The deceased was identified as Saiful Shikari, 35, son of Mohan Shikari, a...

Girl held with 5 gold bars at HSIA

2014-04-24 00:00:00

Customs intelligence officials detained a young girl along with five gold bars weighting 988 grams from Hazrat Shahjalal International Airport (HSIA), Dhaka Wednesday morning, reports UNB. Sources at the airport said customs officials challenged Maria Akhter Lily, 24, for her...

Photo: BNP acting secretary general Mirza Fakhrul Islam Alamgir speaking

2014-04-24 00:00:00