FE Report | 2014-02-26 00:00:00
The country's biggest exhibition on computers and cell phones 'BCS ICT World 2014' will kick off at Jamuna Future Park on Thursday. Finance Minister Abul Maal Abdul Muhith is expected to inaugurate the 10-day event as chief guest while Zunaid...
FE Report | 2014-02-26 00:00:00
The Russian envoy to Bangladesh Tuesday expressed willingness to resolve the recent disagreement regarding quality control of shrimp, exported to Russia, through discussion. Ambassador Alexander A Nikolaev requested the Fisheries and Livestock Minister Muhammed Sayedul Hoque to send a formal...
Ismail Hossain | 2014-02-26 00:00:00
Tanneries would start to be relocated from the city's Hazaribagh to Savar Tannery Estate in April this year. In a meeting with the Industries Ministry on Monday, the tanners made the promise to the government to start relocation in April,...
The country's first environment friendly CDM project in the brick kiln industry with Hybrid Hoffman Kiln (HHK) technology has fetched carbon revenue of US$ 264,525 for reduction of 17,403 tonnes of greenhouse gas emission during the crediting period of 2011-12....
FE Report | 2014-02-26 00:00:00
The Executive Committee of the National Economic Council (ECNEC) approved five development projects Tuesday at a total cost of Tk 6.15 billion to be borne by the government. Prime Minister Sheikh Hasina presided over the meeting. After the meeting Planning...
BWCCI pushes for single digit interest rate Bangladesh Women Chamber of Commerce and Industry (BWCCI) has reiterated its demand for loan facility with single digit interest for women entrepreneurs and increase maximum tax limit for them considering the case of...
Only five of the 27 global clothing brands linked to the Bangladesh factory that collapsed last year with the loss of 1,138 lives have committed to paying into a compensation fund for the victims, according to British daily The Guardian....
Commerce Minister Tofail Ahmed Tuesday told the Jatiya Sangsad that the government is examining signing of Preferential Trade Agreement (PTA) with Myanmar to expand market for Bangladesh products, reports BSS. Replying to a question from treasury bench member Moazzem Hossain...
SYDNEY, Feb 25 (AFP) : Struggling Australian carrier Qantas on Tuesday said it was committed to slashing costs by Aus$2 billion (US$1.8 billion) but refused to confirm or deny a report that it will axe 5,000 jobs. The airline has...
Our Correspondent | 2014-02-26 00:00:00
CHITTAGONG, Feb 25: Janata Bank Chittagong region has earned Tk 3.16 billion profit, despite adverse externalities, in the last calendar year. It was disclosed in a branch managers' conference organised recently in the city by branches of the region. Professor...
SINGAPORE, Feb 25 (AFP) : Oil prices eased in Asian trade Tuesday as caution set into the market ahead of the release of US economic and stockpiles data, analysts said. New York's main contract, West Texas Intermediate for April delivery,...
MUMBAI, Feb 25 (PTI): Extending its gains for the third day, the Indian rupee Tuesday strengthened by 12 paise to 61.95 against the US dollar in early trade on the Interbank Foreign Exchange market on increased foreign fund inflows amid...
BEIJING, Feb 25 (Reuters): China's corporate debt has hit record levels and is likely to accelerate a wave of domestic restructuring and trigger more defaults, as credit repayment problems rise. Chinese non-financial companies held total outstanding bank borrowing and bond...
TOKYO, Feb 25 (AFP) : The dollar was flat in Asia on Tuesday as investors waited on fresh US data for clues on how the world's biggest economy is faring. The greenback was at 102.54 yen in Tokyo afternoon trade,...
New Delhi, Feb 25 (PTI): Gold prices rose by Rs 160 to Rs 31,350 per ten grams in the national capital Monday on sustained buying for the ongoing wedding season. Silver also gained for the third day by adding Rs...
BEIJING, Feb. 25 (Xinhua): Beijing is facing an acute labour shortage, with positions in the IT and manufacturing sectors unfilled, according to a report cited by Tuesday's China Daily. In the first six months of 2014, Beijing companies will have...
JOHANNESBURG, Feb 25 (AFP): Africa's largest economy grew 1.9 per cent last year, a significant slowdown from 2012, Statistics South Africa said Tuesday. A 3.8 per cent jump in fourth quarter gross domestic product was not enough for the country's...
BEIJING, Feb 25 (AFP): Asia experienced a billionaire boom last year, with more than 200 people from the continent seeing their net worth pass into 10 figures, a Chinese publisher said Tuesday. A total of 824 Asians were included among...
SEOUL, Feb 25 (AFP): South Korean President Park Geun-Hye Tuesday unveiled a three-year plan to rebalance the export-reliant economy, investing $3.7 billion in start-ups, boosting domestic spending and getting more young people and women in the workforce. Park said the...
MANILA, Feb. 25 (Xinhua): Philippines import bill in 2013 declined by 0.67 per cent on year to 61.71 billion U.S. dollars on the back of lower purchases of electronic products and fuel, the National Statistics Office (NSO) said today. In...
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