FE Report | 2014-04-09 00:00:00
Finance Minister AMA Muhith said Monday that undisclosed income in the economy has increased manifold. The government will carry out a study to measure how much undisclosed income exists in the economy, Muhith said after a pre-budget discussion with the...
Rezaul Karim | 2014-04-09 00:00:00
The quality of jute goods worth about Tk 7.60 billion, manufactured by different jute mills, is at risk, as those are remaining stockpiled at the mills concerned due to a fall in export on sagging demand in the international markets,...
Badrul Ahsan | 2014-04-09 00:00:00
Local manufacturers and assemblers of compact fluorescent light (CFL) bulbs are facing a stiff competition with the importers for lack of policy support to the testing and certification regulatory body concerned and poor surveillance, industry insiders said. They said the...
Uttara Services Limited, always committed to give better service to their every valued customer since 4 decades from their establishment. Uttara Services Limited opened 6 day long "Suzuki free service camp-2014" from 8th April to 13th April 2014 (9:30 AM...
Production suspended for 2 days at Korean tent maker in CEPZ CHITTAGONG, Apr 8: A tent maker has suspended production for two days after agitating workers ransacked the factory, police said. Police said scores of workers of HKD International at...
A fire broke out in a spinning mill at Balibhadra, Ashulia in Savar on Wednesday night, burning down some fabrics. Officer-in-charge of Ashulia Police Station Sheikh Badrul Alam said the fire originated apparently from a short-circuit at Rangdhanu Spinning Mill...
FE Report | 2014-04-09 00:00:00
'Seed Film Coating' (SFC), a new technology for seed preservation, can enhance seedling performance and reduce use of insecticides, speakers at a workshop said Tuesday. The SFC technology is the application of a very thin polymer layer, which is usually...
The future entrepreneurs have been advised not to hurry in starting any business and to make their business plan in a way so that banks can be satisfied for financing. DCCI Vice President Kh Shahidul Islam said this while speaking...
WASHINGTON, Apr 8 (AFP): The International Monetary Fund (IMF) cut its growth forecast for the global economy Tuesday, pointing to the threat from the Ukraine crisis and the slowdown in major emerging economies. The IMF said the world's two largest...
Chairman of the German Federation of Trade Unions Michael Sommer has expressed his eagerness to understand how social business can help workers and the underprivileged in new ways. Mr Sommer expressed the willingness while met Nobel Laureate Professor Muhammad Yunus...
FE Report | 2014-04-09 00:00:00
Stakeholders have said last year's building collapse and fire incidents have put the readymade garment (RMG) industry in new challenges to develop well-organised trade unions and maintain better employer-worker relations for a sustainable industrial development. They said the number of...
BEIJING, Apr 8 (Reuters): China has set a quota for the total amount of short-term foreign debt banks and companies can borrow in 2014 at US$43.39 billion, the nation's foreign exchange regulator said on Tuesday, implying a rise of 16...
LONDON, Apr 8 (Reuters): Britain's economy extended its strong recovery into this year, data showed on Tuesday, with manufacturing jumping by much more than expected, companies reporting a buoyant first quarter and signs of a pick-up in wages. The pound...
HONG KONG, Apr 8 (Reuters): Citigroup Inc (C.N) said it will close almost one third of its branches in Korea, becoming the third global bank to trim its presence in the country in the last year amid rising costs and...
SAN FRANCISCO/TOKYO, Apr 8 (Reuters): Takeda Pharmaceutical Co Ltd said it would contest $6 billion in punitive damages imposed by a US federal jury in a case alleging that Japan's largest drugmaker had concealed cancer risks associated with its Actos...
A two day long workshop on "situational leadership" concluded on Tuesday at a city hotel. The workshop was organised by Leather goods & Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB) in association with Leather Sector Business Promotion Council (LSBPC)....
HONG KONG, Apr 8 (Reuters): Wal-Mart Stores Inc (WMT.N) plans to open 50 additional wholesale stores in India over the next 4-5 years, company spokesman Anthony Rose said on Tuesday. The world's largest retailer already runs 20 wholesale stores in...
YANGON, Apr 8 (Xinhua): Myanmar and Singapore will carry out technical cooperation programme aimed at turning out skilled workers in Myanmar for successfully hosting the ASEAN Economic Community in Myanmar this year-end, state media reported today. The memorandum of understanding...
BERLIN, Apr 8 (AFP): German Finance Minister Wolfgang Schaeuble warned Tuesday that turmoil in Ukraine could threaten Berlin's bid to produce a balanced budget next year. Schaeuble said he "cannot give a guarantee" that Germany would not spend more than...
DUBAI, Apr 8 (Xinhua): The International Air Transport Association (IATA) yesterday called for regional cooperation and global standards to support the continued success of aviation in the Gulf area. Speaking at the ongoing Aerospace Summit in Abu Dhabi, IATA director...
LONDON, Apr 8 (AFP): Industrial output across Britain rose by a robust 0.9 per cent in February compared with activity in January, official data showed on Tuesday, cementing the country's economic recovery. And over 12 months, output jumped by 2.7...
KUWAIT CITY, Apr 8 (AFP): Kuwait said Tuesday it will supply Egypt with 85,000 barrels of oil daily and 1.5 million tonnes of fuel for three years as part of a newly agreed commercial deal. The supplies would be valued...
FE Report | 2014-04-09 00:00:00
Stocks edged lower Tuesday, a day after positive trend with turnover crossing Tk 6.0 billion-mark as profit booking triggered the selling pressure in later part of the day's session. The market started with a positive note, but lost momentum as...
FE Report | 2014-04-09 00:00:00
Bangladesh Merchant Bankers Association (BMBA) has sought re-financing scheme for merchant banks at minimum rate of interest along with the reduction of existing tax imposed on their income, officials said. The proposals came Tuesday at a meeting attended by BMBA...
Regional Vice President of Novo Nordisk Camilla Sylvest is scheduled to arrive in Dhaka today (9 April, 2014) on a short visit. Ms. Camilla Sylvest is responsible for Novo Nordisk operations in 21 countries including Bangladesh, ASEAN countries, Australia and...
Engr. Farasath Ali and Dr. Toufique Rahman Chowdhury have been re-elected Chairman and Vice Chairman of NRBCB in the 18th Board meeting held recently. Engr. Farasath Ali received higher education from United Kingdom in 1974. He was Asstt. Textile Technologist...
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