JOHANNESBURG, Apr 3 (AFP): A dramatic increase in South African government grants helped reduce poverty in the last decade, but millions remain on the breadline and deep inequality persists, according to official data released Thursday. Between 2006 and 2011 Africa's...
SEOUL, Apr 3 (Xinhua): South Korea's foreign reserves kept a record-breaking trend for nine straight months due to a rise in investment returns and higher conversion value denominated in the US dollar, central bank data showed Thursday. Foreign reserves reached...
April 03, Thursday The following were the commercial banks' rates to public for some selected foreign currencies with Bangladesh Taka in cash transaction Thursday. Selling rates to public (outward remittance) Bank USD Euro GBP JPY CHF CAD AUD SCBs Sonali...
PARIS, Apr 3 (AFP): Growth in rich economies slowed to 0.5 percent in the last quarter of 2013 because companies in Europe cut back their stocks of materials after a build-up in the third quarter, the OECD said on Thursday....
ROME, Apr 3 (AFP): World food prices reached their highest level for 10 months in March due to poor weather in major producing countries and the crisis in Ukraine, a top grain exporter, the United Nations food agency said on...
BEIJING, Apr 3 (AFP): China has announced a set of steps to boost slowing growth in the world's number-two economy, including extending tax breaks for small businesses and support measures for poor urban districts. The State Council, China's cabinet, announced...
BRUSSELS, Apr 3 (AFP): The European Parliament on Thursday appeared set to fast-track a cap on fees paid on credit card transactions, in a vote which was welcomed by consumer advocates. A plenary session of parliament sitting in Brussels voted...
Shamsul Huda | 2014-04-04 00:00:00
With more than 75 per cent construction of the Tongi-Bhairab double track railway project complete, the scheduled time for the project is likely to be extended up to May 2015. Upgrading the existing single track to double to increase line...
WASHINGTON, Apr 03 (AFP): International Monetary Fund Managing Director Christine Lagarde warned yesterday that the political crisis around Ukraine poses a danger to the broader world economy. In a speech in Washington, Lagarde said global growth five years after the...
PARIS, Apr 03 (AFP): France's newly reshuffled government took a combative tone with Brussels Thursday, with new Finance Minister Michel Sapin saying the "pace" of deficit reduction would be raised in talks with the EU. In his first public comments...
HANOI, Apr 03 (Xinhua): Vietnam's budget revenue reached 195.07 trillion Vietnamese dong (9.24 billion U.S. dollars) in the first quarter of 2014, accounting for 24.9 percent of the year's estimate, up 15.9 percent year-on-year, the Ministry of Finance said yesterday....
LONDON, Apr 03 (Xinhua): Britain will help some developing countries set up sustainable tax regimes that can provide the countries with reliable sources of tax revenue, the British Department for International Development (DFID) said yesterday. As part the commitment, the...
Energy Commodity Futures Commodity Units Price Change % Change Crude Oil (WTI) USD/bbl. 99.24 -0.38 -0.38% Crude Oil (Brent) USD/bbl. 104.95 +0.16 +0.15% RBOB Gasoline USd/gal. 2.8769 +0.72 +0.25% NYMEX Natural Gas USD/MMBtu 4.41 +0.05 +1.05% NYMEX Heating Oil USd/gal....
Nazir Ahmed | 2014-04-04 00:00:00
Constitutionally a dual citizen (say, a British citizen of Bangladeshi origin) can become the Chief Justice of the People's Republic of Bangladesh (by becoming a High Court Judge, then a Judge of the Appellate Division of the Supreme Court, and...
Stephen Adams | 2014-04-04 00:00:00
Events at west African lender Ecobank over the past six months have been widely and rightly interpreted as an important test for the credibility of African bank governance and regulation. A combination of internal whistleblowing, regulatory pressure and shareholder activism...
A power transmission grid development programme has unsurprisingly hit a snag. That it will cost an extra 18 per cent over its original estimate of Tk 17.14 billion to push up the amount to Tk20.18 billion is also nothing unusual....
Nilratan Halder | 2014-04-04 00:00:00
Poultry farmers from different areas under Dhamrai upazila registered a novel protest on Tuesday last in order to draw the attention of the authorities concerned. More than 500 owners of poultry farms smashed about 20,000 eggs on the Dhaka-Aricha Highway...
Shahana Bilkis | 2014-04-04 00:00:00
The concept of Socially Responsible Finance (SRF) and Socially Responsible Investing (SRI) continues to grow, especially in the wake of one of the most devastating financial crises in history. This includes responsibility from the corporate side (corporate social responsibility) as...
It gives me immense pleasure to say that Bangladesh aims to increase exports by diversifying its export basket and exploring new markets. Earlier Bangladesh used to rely on a fewer number of export products. But now there are several products...
I heard from my expatriate friend in America that a strong earthquake of the magnitude of 8.2 has just jolted Chile. Later, I came to know it struck off the coast of Chile which led to five deaths initially and...
There was a typing error in the article (column 6, para 2), "Russia-Bangladesh relations in the context of Crimean vote" carried in the Views & Opinion Page yesterday. In the last part of the sentence, 'While Russia has supported in...
Md. Saifullah Khaled | 2014-04-04 00:00:00
Freedom is as important as security. We humans need both freedom and security. Security needs to be balanced with freedom because without freedom we would be living in fear of the state or the government demanding of us, or dictating,...
Zaglul Ahmed Chowdhury | 2014-04-04 00:00:00
When a well-known business leader attempts to write on economic and trade matters, the exercise becomes worthwhile as it is believed to reflect on the subject in myriad shades and forms. Then, when it comes from someone inextricably linked with...
FE Report Stocks extended gaining streak for the fourth consecutive session Thursday and the key index of the prime bourse crossed 4,600 point-mark as investors continued to take position amid optimism. The key index of the Dhaka Stock Exchange (DSE)...
FE Report NRB Commercial Bank Ltd (NRBCB) has celebrated its first founding anniversary with a plea to the government to allow the bank to convert it into fully Shariah-based one. The NRBCB arranged the anniversary function at the Bangabandhu International...
FE Report Country's jewellers sought permission from the government to import gold and silver with a view to expanding the jewellery business. They proposed to allow jewellery businessmen to bring 2 kgs of gold and silver bar (with selling permission)...
FE Report Health minister Mohammad Nasim said Wednesday the government was ready to provide all kinds of support to the pharmaceutical sector to help it go for manufacturing based on high-tech. With the growing demand for local pharmaceutical products in...
A housewife was beaten to death allegedly by her husband at Mohammadpur upazila in Magura on Friday. The deceased was identified as Runa Khatun, 30, wife of Jahid Molla of Jhama village. Quoting locals, Manirul Islam, officer-in-charge of Mohammadpur Police...
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