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2014-03-19 00:00:00

BB puts ceiling on ATM fees Bangladesh Bank (BB) Tuesday capped the fees for ATM (automated teller machine) services to encourage people to use electronic transactions at their convenience instead of taking the risk of cash withdrawal from branches. The...

Photo: Modhumoti Bank Limited

2014-03-19 00:00:00

Photo: Former adviser to the caretaker government Hossain Zillur Rahman speaking

2014-03-19 00:00:00

Photo: Mashrafe Bin Mortaza

2014-03-19 00:00:00

Ministry to issue directive to local admin

Arafat Ara | 2014-03-19 00:00:00

The Ministry of Textiles and Jute is set to issue a directive to all levels of local administration to take necessary steps for implementing the Mandatory Jute Packaging Act 2010. A recent meeting of the advisory committee on jute ministry,...

Ukraine crisis worries hammer German investor morale

2014-03-19 00:00:00

MANNHEIM, Germany, Mar 18 (Reuters): German analyst and investor sentiment plunged in March at the fastest pace in nearly a year amid fears that the crisis in Ukraine could weigh on Europe's largest economy, a leading survey showed on Tuesday....

UK shakes up Bank of England with 2 new deputy governors

2014-03-19 00:00:00

LONDON, Mar 18 (Reuters): Britain shook up the upper echelons of the Bank of England on Tuesday, naming two new deputy governors as the revamp of the central bank under its new boss Mark Carney gathered pace. The government and...

DoE agrees to place importance on sludge management rules

FE Report | 2014-03-19 00:00:00

The Department of Environment (DoE) has agreed to add the industrial sludge management guidelines to the environment regulation aiming to bring the polluting industries to book. The agreement came following a stakeholder consultation organised by GIZ in the city on...

Taiwan passes first stage of China trade deal

2014-03-19 00:00:00

TAIPEI, March 18 (Reuters): A crucial trade deal between China and Taiwan has passed the first hurdle in Taiwan's parliament despite opposition party concerns about Beijing's growing influence on the Taiwanese economy, media reported on Tuesday. The ruling Nationalist Party...

IBA graduation ceremony held

2014-03-19 00:00:00

The graduation ceremony of the Institute of Business Administration (IBA) of University of Dhaka was held at Bangabandhu International Conference Centre (BICC) in the city recently, said a press statement. Dhaka University Vice-Chancellor Prof. Dr. AAMS Arefin Siddique distributed certificates...

China tells firms to start reporting carbon emissions

2014-03-19 00:00:00

BEIJING, Mar 18 (Reuters): Thousands of companies across China must start reporting their greenhouse gas emissions under a government plan to build a nationwide emissions database ahead of launching a national carbon market. The National Development and Reform Commission (NDRC),...

Women earn 22pc less than men in Germany

2014-03-19 00:00:00

FRANKFURT, Mar 18 (AFP): There was no change in the gender pay gap in Germany last year for the third year running, with women earning 22 per cent less than men, official data showed Tuesday. Women earned an average hourly...

Russia\\\'s central bank withdraws licences from three banks

2014-03-19 00:00:00

MOSCOW, Mar 18 (Reuters): Russia's central bank has revoked the licences of three small Moscow-based banks, pressing its crackdown on money laundering and risky operations in the country's banking sector. The central bank said on Tuesday it had revoked licences...

Photo: Rangpur Divisional Commissioner Muhammad Delwar Bakht speaking

2014-03-19 00:00:00

exchange rate

2014-03-19 00:00:00

GM recalls 1.5m more vehicles

2014-03-19 00:00:00

DETROIT, Mar 18 (Reuters) : General Motors Co announced new recalls of 1.5 million vehicles on Monday and in a virtually unprecedented public admission by a GM chief executive, Mary Barra acknowledged the company fell short in catching faulty ignition...

Wal-Mart to let shoppers exchange used videogames

2014-03-19 00:00:00

Los Angeles, Mar 18 (euters): Wal-Mart Stores Inc said it will allow shoppers to trade in used videogames for anything from groceries to gadgets across its 3,100 stores from March 26. The trade-in service will accept games for popular consoles...

Volkswagen to build 800 million euro factory in Poland

2014-03-19 00:00:00

WARSAW, Mar 18 (AFP): German auto giant Volkswagen will invest 800 million euros ($1.1 billion) in a new factory near the western Polish city of Poznan, Poland's foreign investment agency said Tuesday. "The group will invest close to 3.4 billion...

GE\\\'s credit card business faces two federal investigations

2014-03-19 00:00:00

Massachusetts, Mar 18 (Reuters): Federal regulators are conducting two investigations into General Electric Co's (GE.N) credit card business for potential violations of consumer finance laws, according to a regulatory filing related to the unit's planned initial public offering. The credit...

Oil prices mixed in Asia

2014-03-19 00:00:00

SINGAPORE, Mar 18 (AFP) :  Oil prices were mixed in Asian trade Tuesday as investors keep a close eye on simmering international tensions over Crimea and await the outcome of a Federal Reserve monetary policy meeting. New York's main contract,...

Yen weakens in Asia despite Crimea tensions

2014-03-19 00:00:00

TOKYO, Mar 18 (AFP) :  The dollar and euro rose against the yen in Asia Tuesday as investors took in their stride Crimea's vote to leave Ukraine and join Russia as the West announce sanctions against Moscow officials. The greenback...

Indian rupee up 28 paise against dollar

2014-03-19 00:00:00

Mumbai, Mar 18 (PTI) : The Indian rupee gained 28 paise to 60.91 against the US dollar in the late today morning trade on fresh selling of the American currency by banks and exporters amid heavy foreign capital inflows. Weakness...

Global Commodity Prices

2014-03-19 00:00:00

Photo: Stakeholder Consultation on Standards and Guidelines for the Management of Industrial, Municipal and CETP Sludge in Bangladesh

2014-03-19 00:00:00

Jan-Feb foreign direct investment in China rises 10.4 per cent

2014-03-19 00:00:00

BEIJING, Mar 18 (AFP): Foreign direct investment (FDI) into China increased 10.4 per cent year on year in the first two months of 2014, the government said Tuesday, while the country's outbound investment slumped. FDI, which excludes investment in financial...

India, China hold third round of Strategic Economic Dialogue

2014-03-19 00:00:00

Beijing, Mar 18 (PTI):  India and China held their third round of the Strategic Economic Dialogue (SED) here today focusing on collaboration in a number of areas, including railways and Information Technology. The Indian side at the talks is headed...

Microsoft\\\'s CEO may unveil office for iPad on March 27

2014-03-19 00:00:00

Bucharest, Mar 18 (Reuters) :  Microsoft Corp Chief Executive Satya Nadella may unveil an iPad version of the company's Office software suite on March 27, a source familiar with the event told Reuters, and use his first big press appearance...

Moody\\\'s cuts Argentina rating as inflation stays high

2014-03-19 00:00:00

WASHINGTON, Mar 18 (AFP) :  Moody's lowered its credit rating for Argentina by one step Monday, citing a sharp fall in the country's reserves and inconsistent economic policies. The fresh blow to the country came as Buenos Aires reported that...

British supermarket Sainsbury\\\'s logs slumping Q4 sales

2014-03-19 00:00:00

LONDON, Mar 18 (AFP) :  British supermarket chain Sainsbury's revealed Tuesday that sales slumped in its fourth quarter, breaking a nine-year run of underlying growth, and warned over the challenging outlook. Sales excluding fuel on a like-for-like basis-stripping out the...

Vietnam cuts rates as it seeks to spur growth

2014-03-19 00:00:00

HANOI, Mar 18 (AFP) :  Vietnam's central bank today cut its key interest rates for the first time in nearly a year in an attempt to kick-start the nation's sluggish economy. The State Bank of Vietnam cut the refinancing rate-...