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Thrust on ensuring execution of laws to remove barriers to fisheries export

FE Report | 2014-03-31 00:00:00

Experts at a workshop Sunday suggested ensuring implementation of the existing laws to remove the barriers to export of Bangladeshi fisheries products including shrimp. They alleged that the sector people are not properly following codes of conduct for the industry...

Rice prices mark rise at mill gates

Yasir Wardad | 2014-03-31 00:00:00

Rice prices marked further rise at mill gates following an increase in paddy prices, triggering fresh sufferings for the fixed-income group of people. Millers and traders said prices are unlikely to decline before the Boro harvest. Prices of different varieties...

UAE banks\\\' assets surge 13.1pc in ‘13

2014-03-31 00:00:00

DUBAI, Mar 30 (Gulfnews): The aggregate assets of banks operating in the UAE surged 13.1 per cent to Dh2.02 trillion in 2013 compared to Dh1.79 trillion in 2012, according to the Board of Directors of the UAE Banks Federation. The...

China Construction Bank\\\'s profit beats estimates

2014-03-31 00:00:00

SHANGHAI, Mar 30 (Reuters): China Construction Bank Corp (CCB), the country's second biggest bank, posted a 9.2 per cent rise in net profits for the final three months of 2013, becoming the third of China's four biggest banks to beat...

Pak growth picking up: IMF

2014-03-31 00:00:00

WASHINGTON, Mar 30 (Gulfnews): The International Monetary Fund (IMF) said Friday it saw strong signs of growth in Pakistan as the long-troubled economy undertakes structural reforms. The IMF, which this week released a fresh $555.6 million (Dh2.04 billion) as part...

Photo: Tokyo: Japan Airlines Limited (JAL) President Yoshiharu Ueki

2014-03-31 00:00:00

exchange rate

2014-03-31 00:00:00

Japan shoppers brace for tax hike after years of deflation

2014-03-31 00:00:00

TOKYO, Mar 30 (AFP) : Japan is bracing for its first sales tax rise in years, with last minute shoppers buying up a host of goods from gold to ice cream, as the government tries to tackle its crushing national...

Apple and Samsung to renew patent battle in US court

2014-03-31 00:00:00

SAN FRANCISCO, Mar 30 (AFP) : Apple and Samsung will return to federal court in the heart of Silicon Valley on Monday for a new round in their seemingly perpetual patent war. The case concerns smartphone and tablet patents and...

ICMAB delegation calls on finance secretary

2014-03-31 00:00:00

A delegation of the Institute of Cost and Management Accountants of Bangladesh (ICMAB) headed by its President Mohammed Salim, FCMA, called on Fazle Kabir,  secretary for finance, Finance Division, at his office on Sunday, according to a press release. The...

Booming demand for shea, African \\\'women\\\'s gold\\\', helps reduce poverty

2014-03-31 00:00:00

ABIDJAN, Mar 30 (AFP) : The fruit of the shea tree has long been considered sacred by many in Western Africa because of its myriad health benefits. But now growing demand among Western consumers for the fruit, known as "women's...

Taiwan stages mass anti-China trade pact rally

2014-03-31 00:00:00

TAIPEI, Mar 30 (AFP) :  Tens of thousands of Taiwanese protesters took to the streets in Taipei on Sunday in a bid to pressure embattled President Ma Ying-jeou to retract a controversial trade pact with China. The protesters, many wearing...

ECB to hold fire on rates despite slow inflation: Analysts

2014-03-31 00:00:00

FRANKFURT, Mar 30 (AFP): The European Central Bank is not expected to cut its key interest rates this week, even though inflation in the euro area continues to slow, analysts said. The ECB has held eurozone borrowing costs at their...

Cuba passes law to lure foreign investment

2014-03-31 00:00:00

HAVANA, Mar 30 (AFP): Cuba's parliament unanimously approved a new law on foreign investment Saturday aimed at boosting sputtering economic growth on the communist-ruled island. President Raul Castro, who was scheduled to speak to the assembly, has called the bill...

Country going well and will go better: Brazilian President

2014-03-31 00:00:00

RIO DE JANEIRO, Mar 30 (AFP): Brazilian President Dilma Rousseff said Saturday that her country was "going well and will go better," after Standard & Poor's cut Brazil's rating to the lowest level for investment grade debt. "We are convinced...

S Africa seeks Russia’s help in construction of new NPP

2014-03-31 00:00:00

South Africa is in negotiation with Russia's state atomic energy corporation - Rosatom, for construction of new nuclear power plants in its territory. This was informed by Mandisi Mohalwa, ambassador of South Africa to Russian Federation and Belarus during a...

Photo: Students of Aeronautical Engineering Department of United College of Aviation

2014-03-31 00:00:00

Photo: Sagir and Company Limited

2014-03-31 00:00:00

Stocks return to red

FE Report | 2014-03-31 00:00:00

Stocks returned to the red zone Sunday after gaining in the last two sessions with turnover remained sluggish, as investors restrained from active participation amid volatile market sentiment. The market opened with a choppy trading. At the end of the...

T-bills, Repo auctions held

FE Report | 2014-03-31 00:00:00

The auction of 91-Day and 182-Day Treasury Bills (T-bills), 30-Day Bangladesh Bank Bill, Reverse Repo and auction of REPO was held Sunday, said a Bangladesh Bank (BB) press release. A total of 36 bids worth Tk 21.04 billion for 91-Day...

News Brief

2014-03-31 00:00:00

Response to DSE queries Monno Jute Stafflers: In response to a DSE query, Monno Jute Stafflers Limited has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike. Eastern Lubricants: In response to...

Photo: Dutch-Bangla Bank Limited

2014-03-31 00:00:00

Photo: Prime Bank Limited

2014-03-31 00:00:00

Photo: Southeast Bank Limited

2014-03-31 00:00:00

GP\\\'s 3G internet coverage reaches 64 district HQs

FE Report | 2014-03-31 00:00:00

Grameenphone announced that its 3G internet coverage has reached 64 district headquarters within six months of regulatory approval, making up 40 per cent of total subscriber base. The network coverage has also gone to the some 197 thana headquarters also....

Indian capital markets to have 8,700 FPIs soon

2014-03-31 00:00:00

MUMBAI, Mar 30 (PTI): As Indian markets gear up for a new foreign portfolio investor (FPI) regime, the number of such investors is estimated to be around 8,700, higher than the total count of existing foreign institutional investors (FIIs) and...

Investors pour in $12m from EM funds: EPFR

2014-03-31 00:00:00

MUMBAI, Mar 30 (PTI): Investors have pumped in $12 million into equity funds focused on emerging markets (EM) including India within a week, the first inflow since mid- October, says a report. According to funds tracking company EPFR Global, $12...

Sebi hearing on Jet deal likely on April 9

2014-03-31 00:00:00

MUMBAI, Mar 30 (Business Standard):Abu Dhabi-based Etihad Airways is likely to appear before the Securities and Exchange Board of India (Sebi) for a hearing on April 9, according to two sources. The is a sequel to a showcause notice for...

Top 8 Sensex cos add Rs 72b in m-cap

2014-03-31 00:00:00

MUMBAI, Mar 30 (PTI): In-line with a strong stock market, the combined market valuation of eight of the top-10 blue-chip companies surged Rs 720.95 billion last week, with ONGC, SBI and CIL emerging as the star performers. Except TCS and...

IPO Diary

2014-03-31 00:00:00