M/s Kin Selection Products Manufacture (BD) Limited, 100 per cent Chinese company, is going to set up a leather products industry in the Uttara Export Processing Zone (EPZ) involving US$13.64 million. In this connection, an agreement was signed between Bangladesh...
JAKARTA, Feb 13 (AFP): Indonesia's central bank held its benchmark interest rate at 7.50 per cent Thursday after recent signs that Southeast Asia's top economy is stabilising following a tumultuous 2013. Bank Indonesia had raised rates by 175 basis points...
SEOUL, Feb 13 (AFP): South Korea's central bank kept its key interest rate unchanged at 2.5 per cent for the ninth consecutive month Thursday on mixed prospects of economic recovery at home and abroad. The decision came at a time...
BEIJING, Feb 13 (Xinhua): Trade between China and central Asian countries, including Kazakhstan, Uzbekistan, Tajikistan and Kyrghyzstan, climbed 13 per cent year on year to reach US$40 billion in 2013, an official said on Thursday. Bilateral trade between China and...
KUALA LUMPUR, Feb 13 (Xinhua): Malaysia attracted 38.774 billion Malaysian ringgit (about US$11.66 billion) in foreign direct investment (FDI) in 2013, exceeding the country's highest ever recorded FDI of 37.325 billion Malaysian ringgit in 2011 by 3.9 per cent, Malaysian...
PARIS, Feb 13 (AFP): World oil markets are unexpectedly tight as growth in advanced economies picks up, the IEA warned on Thursday, urging OPEC to skip a seasonal output drop as stocks touch six-year lows. Analyst have warned of an...
BEIJING, Feb 13 (Reuters): China and Sri Lanka could sign a free trade agreement by the end of the year, state news agency Xinhua cited Sri Lanka's foreign minister as saying, a move that will help cement Colombo's growing economic...
FRANKFURT, Feb 13 (AFP): Eurozone inflation will remain below target in the next few years, and growth will speed up, a survey by the European Central Bank forecast on Thursday. In its regular quarterly survey of professional forecasters, the ECB...
SEOUL, Feb 13 (Reuters): Home transactions in South Korea surged in January both over a year earlier and over the five-year average, the land ministry said on Thursday, adding this underscored growing optimism for the property market. The ministry reported...
MANILA, Feb 13 (AFP): The Philippines saw a 9.56 per cent jump in foreign arrivals last year despite a series of natural disasters, the government said Thursday. More than 4.68 million tourists visited the country in 2013. But the figure...
LONDON, Feb 13 (Reuters): Gold hovered below a three-month high on Thursday, struggling to break above $1,300 as investor caution ahead of a series of US economic figures offset support from a sharply lower dollar and weaker equity markets. Spot...
SAN FRANCISCO, Feb 13 (AFP): French President Francois Hollande announced Wednesday in California measures to favor French start-ups, on the last day of his US visit. "France must recognize the dynamism of its entrepreneurs" and promote "the spirit of initiative"...
TOKYO, Feb 13 (Reuters): Japan's economic growth is expected to have quickened at the end of last year as consumers ramped up spending ahead of a planned sales tax hike, but analysts say that Tokyo may have to inject fresh...
SINGAPORE, Feb 13 (Reuters): Singapore's economy likely expanded at a faster year-on-year pace in the fourth quarter of 2013 than was earlier estimated, helped by a surge in manufacturing output late last year. According to the median forecast of 13...
SHANGHAI, Feb 13 (AFP): China's auto sales rose 6.0 per cent year-on-year in January to a record high for any month thanks to strong car sales before the Chinese New Year holiday, an industry group said Thursday. A total of...
FRANKFURT, Feb 13 (Reuters): A loss of trust in Switzerland's business and political elite may be one of the reasons the alpine nation voted in favour of putting strict limits on immigration, Swiss Economy Minister Johann Schneider-Ammann said on Wednesday....
SYDNEY, Feb 13 (AFP): Australia's unemployment rate in January jumped to 6.0 per cent-its worst in a decade-with the economy shedding 3,700 jobs amid a turbulent transition away from mining, data showed Thursday. The Australian Bureau of Statistics said the...
JERUSALEM, Feb 13 (AFP): The International Monetary Fund said Wednesday it expects Israel's GDP growth to remain stable at 3.4 per cent in 2014, but noted that social disparities pose a threat to the economy. "Israel's economic fundamentals remain strong....
PARIS, Feb 13 (AFP): Shale oil and gas have had limited benefits for the US economy and their advantages for Europe will be even slimmer, a French think tank said Wednesday. The shale boon in the US has mainly benefited...
WASHINGTON, Feb 13 (AFP): The International Monetary Fund approved Wednesday the disbursement of 910 million euros ($1.24 billion) to Portugal after the country passed the 10th review of its bailout program. The disbursement took the country a step closer to...
FRANKFURT, Feb 13 (AFP): The rate of inflation in Germany, Europe's biggest economy, inched lower in January, final official data showed on Thursday. The cost of living rose by 1.3 per cent on a 12-month basis this month, compared with...
FE Report | 2014-02-14 00:00:00
Stocks edged marginally lower Thursday with turnover decline slightly as apparent cool down of market rally continued to fuel realization of quick profit. The market opened with a positive note, but could not sustain. The prime index of the Dhaka...
FE Report | 2014-02-14 00:00:00
Mr. Md. Rezaul Karim, Chairman, Shippers' Council of Bangladesh, on behalf of the Members congratulated Bangladesh Shipping Corporation for launching M. V. Banglar Shikha as a feeder vessel in Mongla-Chittagong and Mongla weekly in both ends from 14th February, 2014....
BRAC Bank, Envoy Textiles sign deal on ETP BRAC Bank Limited and Envoy Textiles Limited have signed banking financing agreement relating to green banking. With the agreement, BRAC Bank will be providing composite working capital facility of BDT. 780 million...
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