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Corn, wheat slide after peaceful Crimea vote

2014-03-19 00:00:00

CHICAGO, Mar 18 (Xinhua) : Chicago agricultural commodity futures were traded mixed yesterday, with corn and wheat prices falling on signs that Ukraine's grain trade would remain unaffected following a peaceful Crimea vote. The most active corn contract for May...

PM calls for vigil against vested quarters

2014-03-19 00:00:00

Prime Minister Sheikh Hasina Tuesday said vested quarters are at play to bring the militants, terrorists and anti-liberation forces of BNP-Jamaat back to power, reports UNB. "Bangladesh is marching towards development after we have been elected in the January 5...

BNP to besiege DC offices Thursday

2014-03-19 00:00:00

BNP will lay siege to the Deputy Commissioners' (DCs) offices across the country tomorrow (Thursday) protesting what it said the widespread capturing of polling stations and vote fraud by ruling party men during the third phase of upazila elections held...

ACC asks Petrobangla entities to furnish info

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

The Anti-corruption Commission (ACC) sent notices to 13 government agencies Tuesday seeking information on appointment, promotion, and other activities as part of investigation into alleged corruption by the Chairman of Petrobangla Dr M Hossain Monsur and managing directors (MDs) of...

Court to hear 3 BNP leaders\\\' bail pleas on Mar 23

2014-03-19 00:00:00

A Dhaka court will hear on March 23 (Sunday) the bail pleas of three BNP leaders, including its acting secretary general Mirza Fakhrul Islam Alamgir, in three cases, reports UNB. Metropolitan Magistrate Zahurul Haque fixed the date Tuesday after their...

How Corporate India handled the economic slowdown

Sourajit Aiyer from Mumbai | 2014-03-18 00:00:00

The current economic slowdown in India is not just an aftereffect of the financial crisis of 2007. A lot is written of how China and India received only minor bruises from that crisis due to certain structural patterns in which...

22 B’desh missions fail to achieve export target in 7 months of FY14

2014-03-18 00:00:00

Twenty-two of the 51 Bangladesh missions abroad have failed to achieve respective export targets for the first seven months (July-January) of the current fiscal (2013-14), reports UNB. The key Bangladesh missions like Washington, London, Ottawa, Canberra and New Delhi failed...

MoC to ask district admins to step up market monitoring in Ramadan

FE Report | 2014-03-18 00:00:00

The Ministry of Commerce (MoC) will ask the district officials to strengthen market monitoring during the upcoming holy month of Ramadan. With this end in view the MoC will send letters to the deputy commissioners (DCs) to strictly monitor kitchen...

About 22,572 ready flats remain unsold till December last year

FE Report | 2014-03-18 00:00:00

Around 22,572 ready flats worth about Tk 215.06 billion remained unsold till December, 2013, causing an adverse impact on the country's real estate sector, REHAB leaders said. The Real Estate and Housing Association of Bangladesh (REHAB) leaders said though local...

Tk 1.65b RHD project to remove risky spots from highways

FHM Humayan Kabir | 2014-03-18 00:00:00

The Roads and Highways Department (RHD) will invest Tk 1.65 billion to remove accident-prone "black spots" on the national highways across the country to ensure road safety and check accidents, officials said Monday. Ministry of Communications (MoC) officials said the...

UAE to resume hiring B\\\'deshi manpower

2014-03-18 00:00:00

The United Arab Emirates (UAE) is likely to resume importing manpower from Bangladesh, Expatriates' Welfare and Overseas Employment Minister Khandker Mosharraf Hossain said on Monday. The minister said the UAE will sign an agreement with Bangladesh end this month to...

News Briefs

2014-03-18 00:00:00

Dollar edges up after Crimea breakaway vote TOKYO, Mar 17 : The dollar edged higher in Asia on Monday as investors track events in Eastern Europe after Crimeans voted to break away from Ukraine and join Russia, sparking threats of...

Photo: Bangladesh Bank Governor Dr Atiur Rahman

2014-03-18 00:00:00

Photo: ONE Bank Limited

2014-03-18 00:00:00

Photo: Workers of Fuji Fashion Limited

2014-03-18 00:00:00

Primark to start long-term payments to 580 workers of New Wave Bottoms

FE Report | 2014-03-18 00:00:00

Primark, a UK-based retailer, announced Monday that it will begin long-term payments to 580 workers of the New Wave Bottoms that produced apparel products for it. The payment worth US$ 9.0 million will be distributed to those workers or their...

BD business delegation to visit UAE soon

Talha Bin Habib | 2014-03-18 00:00:00

A business delegation of the country's apex trade body will visit the United Arab Emirates (UAE) soon to enhance bilateral trade and investment between the two brotherly countries. Bangladesh has much potential to increase its trade with the UAE. There...

World Bank raises 2014 Philippine growth estimate on typhoon rebuilding

2014-03-18 00:00:00

MANILA, Mar 17 (Reuters): The Philippine economy could grow faster than previously thought this year, the World Bank said on Monday, but much depends on how fast the government can rebuild communities ravaged by a super typhoon that struck in...

100 million Chinese to get greater city benefits

2014-03-18 00:00:00

BEIJING, Mar 17 (AFP): More than 100 million Chinese are to be given vital documents making them officially residents of the country's cities under a broad plan for the urbanisation that is crucial to economic growth. China's new leaders under...

Most Asian currencies rise

2014-03-18 00:00:00

SEOUL, Mar 17 (Reuters): Most emerging Asian currencies rose on Monday, shrugging off broader weakness in riskier assets globally after Crimea voted overwhelmingly to break from Ukraine to join Russia. The Indonesian rupiah hit a 4-1/2-month high, with local stocks...

Bangladesh thump Nepal for second World Twenty20 win

2014-03-18 00:00:00

CHITTAGONG: Bangladesh put in a clinical performance to defeat new-comers Nepal by eight wickets in the World Twenty20 in Chittagong  Tuesday. The hosts, who fielded after winning the toss, kept Nepal down to 126-5 in their 20 overs before reaching...

Japan govt remains upbeat on economy despite worries over exports

2014-03-18 00:00:00

TOKYO, Mar 17 (Reuters): Japan's government upgraded its view on factory output while leaving its overall economic assessment unchanged, sounding upbeat on the world's third-largest economy. The government, in its monthly report issued on Monday, described the economy as "moderately...

FS goes to India Wednesday

2014-03-18 00:00:00

Foreign Secretary (FS) Md Shahidul Haque will be in India on Wednesday at the invitation of his counterpart Sujatha Singh. Apart from his bilateral talks with Singh, he is expected to call on External Affairs Minister Salman Khurshid and National...

Photo: Participants posing for photograph with Bhuiyan Shafiqul Islam, Secretary of Planning Division

2014-03-18 00:00:00

Photo: BUSAN, Republic of Korea: A sand sculptor works on his creation

2014-03-18 00:00:00

Photo: SINGAPORE: A general view towards the eastern part of Singapore

2014-03-18 00:00:00

Airbus wins Saudi contract for 4 A320s

2014-03-18 00:00:00

PARIS, Mar 17 (AFP): European aerospace giant Airbus said Monday it had won an order worth some $375 million from a new Saudi Arabian airline for four A320 jets. The planes will be delivered at the beginning of next year,...

Sri Lanka\\\'s economy grows 7.3pc last year

2014-03-18 00:00:00

COLOMBO, Mar 17 (Reuters): Sri Lanka's economy grew at 7.3 per cent in 2013, picking up from 6.3 per cent in the previous year, data released by the government's Census and Statistics Department showed on Monday. The economy expanded 8.2...

China’s yuan currency weakens after market reform push

2014-03-18 00:00:00

SHANGHAI, Mar 17 (AFP) : China's yuan weakened against the dollar on Monday after the central bank doubled the currency's trading band as part of broad financial reforms as the government seeks to remake the world's second-largest economy. The People's...

Singapore\\\'s export performance recovers in February

2014-03-18 00:00:00

SINGAPORE, Mar 17 (Xinhua) : Singapore non-oil domestic exports (NODX), a key gauge of the export performance of the small and highly open economy, rose by 9.1 per cent on year in February, trade promotion agency International Enterprise Singapore said...