FE Report | 2014-03-16 00:00:00
The Hongkong and Shanghai Banking Corporation Limited in Bangladesh, with support from Chinese Chamber of Commerce, has recently organised a discussion platform on the topic of 'Bangladesh - China Business Outlook'. Li Jun, Chinese Ambassador to Bangladesh, Andrew Tilke, Chief...
Grameenphone Ltd. has recently signed a MoU with Butterfly Marketing Ltd. to run a promotional offer from 16th March under which all Grameenphone pre-paid customer will enjoy 10% discount on all electronic products at any LG-Butterfly outlets across the country...
NAV of MTB Unit Fund disclosed Alliance Capital Asset Management Limited has declared the Net Asset Value (NAV) of MTB Unit Fund. The total NAV of MTB Unit Fund stood at Tk 348,970,178.26 on the basis of cost price and...
MOSCOW, March 15 (AFP): Moscow stocks plunged to a four-year low Friday as jittery investors dumped their holdings ahead of a referendum in Crimea over its bid to break away from Ukraine and join Russia. The capital's two main indices...
SAN FRANCISCO, March 15 (Reuters): Twitter-like messaging service Weibo Corp filed on Friday to raise $500 million via a US initial public offering, as Chinese companies flock to the American market in record numbers to take advantage of soaring valuations....
MUMBAI, March 15 (Reuters): Indian shares edged higher on Friday as strong buying by foreign investors boosted blue-chips such as Larsen & Toubro and kept both indexes not too far from their record highs, although some caution was setting in...
TOKYO, March 15 (Reuters): Japanese stocks skidded 2.7 per cent to a one-month low on Friday morning as concerns over Ukraine and slowing growth in China rattled investors, underpinning the safe-haven yen and hurting exporters. The Nikkei share average fell...
MUMBAI, Mar 15 (Business Standard): Financial Technologies (FTIL), promoter of crisis-spot National Spot Exchnage Ltd (NSEL), has sold one more business. On Friday, it announced the sale of National Bulk Handling Corporation, its warehousing subsidiary, for Rs 2.42 billion. The...
DETROIT, March 15 (AFP): Fiat Chrysler Automobiles aims to list its shares on the New York Stock Exchange on October 1, chief executive officer Sergio Marchionne said Friday. The Italian giant changed its name after completing the purchase of Chrysler...
HONG KONG, Mar 14 (Reuters): Hong Kong shares fell to a six-week low on Friday, pulled down by index heavyweights Tencent Holdings Ltd and New World Development . The Hang Seng Index fell 1 per cent to 21,539.49 points, its...
Shamsul Huda | 2014-03-16 00:00:00
Bangladesh has failed to attract fresh foreign and joint venture investments in several commercial service sectors due to the problem of licence issuance. In the last 18 months a good number of willing investors went back as they failed to...
LOS ANGELES, Mar 15 (Reuters): Tesla Motors Inc escalated its war of words with New Jersey on Friday, lambasting a regulatory change approved by the state earlier this week that bars the "green car" company from selling vehicles directly to...
Rezaul Karim | 2014-03-16 00:00:00
The Department of Inspection of Factories and Establishments has found labour rights and safety standard below the required level, official sources said. Besides, some important compliance issues have not been addressed satisfactorily. The issues are: formation of trade union, insurance...
FE Report | 2014-03-16 00:00:00
Dhaka WASA (DWASA) has planned to supply 70 per cent of total water from the surface instead of the current 22 per cent with US$675 million investment by 2021 reducing dependency on groundwater, officials said. With the financial support of...
FE Report | 2014-03-16 00:00:00
The Ministry of Industries (MoI) has invited applications for President's Industrial Awards which will be given to the entrepreneurs for promoting industrial development and innovation, officials said. The applications for President's Industrial Awards 2014 were invited through a circular issued...
FE Report | 2014-03-16 00:00:00
A three-day tourism fair of Asian countries will be held in Dhaka from September 11 to 13 to promote tourism of the region globally. More than 16 Asian countries will participate in the show -- The 3rd Asian Tourism Fair...
Construction work of setting up inland container terminals (ICTs) around the capital have slowed down in recent times as the private investors are doubtful about their business prospects, insiders said. Operators of the river-based ports are now adopting a wait-and-see...
The 13th Yunus Centre Social Business Design Lab took place at Grameen Bank Auditorium in the city on Saturday, said a press statement. Around 150 participants from different organisations attended. Four member delegations from Yunus Centre at Asian Institute of...
ATHENS, Mar 15 (AFP) : Officials from some of the world's top fishing powers signed a declaration in Greece on Friday to promote sustainable management of fish stocks. The signatories-the EU, United States, Japan, Philippines, Colombia and Indonesia-pledged to support...
LONDON, Mar 15 (AFP): Gold prices struck six-month highs this week but copper futures tumbled to the lowest level in nearly four years on market concerns over slowing Chinese economic growth. Investors sought haven investments such as gold also because...
NEW YORK, Mar 14 (AFP): The US Federal Deposit Insurance Corporation sued HSBC, Citigroup, Deutsche Bank and 12 other global banking heavyweights on Friday for manipulating the Libor benchmark interest rate. The manipulation caused "substantial losses" to 38 US banks...
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