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Foreign goods dominating DITF

Badrul Ahsan | 2014-02-08 00:00:00

Foreign products are largely dominating the Dhaka International Trade Fair (DITF) as many local traders are selling those mainly due to poor participation of domestic manufacturers in the country's largest annual trade carnival, organisers and participants said. Among 497 participants,...

Dollar range-bound ahead of key jobs data

2014-02-08 00:00:00

TOKYO, Feb 7:  The dollar moved narrowly in cautious trade in Asia on Friday, ahead of US jobs data that dealers hope will shed light on the health of the world's biggest economy. In early exchanges the greenback bought 102.08...

Britain’s official trade deficit falls in December

2014-02-08 00:00:00

LONDON, Feb 7:  Britain's trade deficit for goods fell in December to the lowest level for more than a year on rising oil exports and falling imports affecting the transport sector, data showed on Friday. The overall deficit fell to...

PKB doles out Tk 400m in loan last yr

Talha Bin Habib | 2014-02-08 00:00:00

The Probashi Kallyan Bank (expatriates' welfare bank) has disbursed Tk 400 million in loans to the migrants so far with a satisfactory recovery rate, a top official of the bank, said. "We have disbursed Tk 400 million as migration loans...

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2014-02-08 00:00:00

Farewell accorded to RAKUB DMD

2014-02-08 00:00:00

Our Correspondent RAJSHAHI, Feb 7: A farewell was accroded to Deputy Managing Director  of   Rajshahi Krishi Unnayan Bank (RAKUB) Abu Hanif Khan at the Training Institute of RAKUB on Thursday. Presided over by Managing Director of RAKUB Mofazzal Hossain, the...

US job growth seen snapping back from winter chill

2014-02-08 00:00:00

WASHINGTON, Feb 7 (Reuters) :  US employment likely rebounded in January after being held back by cold weather the prior month, which would offer assurance that economic growth was not faltering. Nonfarm payrolls are expected to have increased by 185,000...

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2014-02-08 00:00:00

Google buys 5.94pc stake in Lenovo

2014-02-08 00:00:00

HONG KONG, Feb 7 (AFP) :  Google bought a 5.94 per cent stake in Lenovo for $750 million on the same day it agreed to sell handset maker Motorola to the Chinese technology giant, a report said Friday. The US...

Indian rupee up 8 paise vs dollar

2014-02-08 00:00:00

Mumbai, Feb 7 (PTI) :  The Indian rupee Friday appreciated by 8 paise to 62.29 in early trade at the Interbank Foreign Exchange increased dollar selling by exporters and some banks amid sustained capital inflows. A higher opening in the...

Oil prices mixed in Asian trade

2014-02-08 00:00:00

SINGAPORE, Feb 7 (AFP): Oil prices were mixed in Asian trade today as investors await the release of US jobs data, while a severe winter in the country lifted demand for heating fuel and lent support to prices. New York's...

Chinese consumers bring opportunity for Brazil

2014-02-08 00:00:00

BRASILIA, Feb 7 (Xinhua): Chinese consumers and their rising purchasing power brought great opportunity for Brazil, Brazilian officials said here yesterday. Mauricio Borges, president of Exports and Investment Promotion Agency of Brazil (Apex-Brazil) told Xinhua that the growing number of...

IMF says peace talks key to Palestinian economy

2014-02-08 00:00:00

JERUSALEM, Feb 7 (AFP): The International Monetary Fund said yesterday that success in Middle East peace talks could boost Palestinian economic growth while failure could cause increased debt. "A breakthrough in the peace talks could launch major donor initiatives... which...

France cuts huge trade deficit

2014-02-08 00:00:00

PARIS, Feb 7 (AFP): France cut a crippling trade deficit by nearly nine per cent last year partly due to falling imports, official data showed on Friday in figures that contrasted starkly with a record surplus in Germany. A trade...

Chicago agricultural commodity futures market closes mixed

2014-02-08 00:00:00

CHICAGO, Feb 7 (Xinhua): Chicago agricultural commodity futures were traded mixed yesterday, with soybeans being push higher by strong export of U.S. soybeans and soy meal. The most active corn contract for March delivery fell 0.25 cent, or 0.06 per...

German trade surplus soars to all-time high in 2013

2014-02-08 00:00:00

FRANKFURT, Feb 7 (AFP): Germany's trade surplus soared to a new record high in 2013, although export momentum tailed off at the end of the year, official data showed today. Europe's biggest economy notched up a trade surplus of 198.9...

Nigeria gets $5.51b from developmental partners

2014-02-08 00:00:00

ABUJA, Feb 7 (Xinhua): Nigeria's National Planning Commission yesterday said development partners contributed 5.51 billion U.S. dollars to support the West African country's development efforts in 2011. This is contained in the 2012 Performance Report on the Nigerian Economy, issued...

India struggle in reply to NZ\\\'s 503

2014-02-08 00:00:00

AUCKLAND, Feb 7 (AFP): India were struggling at 130-4 after day two of the first Test against New Zealand, who posted a daunting 503-run first innings built on a double century by Brendon McCullum. In a dramatic start to India's...

Premier Hockey Abahani crush Ajax SC 13-1

2014-02-08 00:00:00

Abahani Limited crushed Ajax Sporting Club by 13-1 goal in a match of the Green Delta Insurance Premier Division Hockey League at Maulana Bhasani National hockey Stadium in the city Friday, reports UNB. In the day’s super league match, Abdul...

Wasim urges unity ahead of ICC meet

2014-02-08 00:00:00

KARACHI, Feb 7 (AFP): Former Pakistan great Wasim Akram Friday warned cricket administrators that the game could not afford a damaging split, as they prepare to debate controversial plans to reform the governing body. The International Cricket Council (ICC) will...

Formalin users outsmart inspectors

2014-02-08 00:00:00

The menace of toxic preservatives, particularly formalin, in fresh fruits, vegetables, fishes that are sold in kitchen markets remains almost unchanged as the traders resort to innovative ways to dodge the anti-formalin monitoring drives launched jointly by the government and...

Toki murder Hunger strike observed

2014-02-08 00:00:00

NARAYANGANJ, Feb 7 (UNB): Santrash Nirmul Toki Mancha observed a token hunger strike at the Central Shaheed Minar in the city Friday demanding capital punishment of the killers of the schoolboy. The Toki Mancha arranged the three-hour hunger strike from...

Bumper onion production likely in Faridpur

2014-02-08 00:00:00

FARIDPUR, Feb 7 (BSS): Onion production in the district has exceeded the target bringing smile on the face of the farmers in the current season. Onion, an important ingredient in the list of spices, has been cultivated on 29,500 hectares...

\\\'11pc birds threatened due to frequent deforestation\\\'

2014-02-08 00:00:00

JU Correspondent Terming the slogan on 'Pakh pakhali desher rotno, asun sobai kori jotno' a daylong bird fair was held on the Jahangirnagar University (JU) campus Friday amidst festivity. Organised by JU Zoology Department with the assistance of Wildlife Rescue...

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2014-02-08 00:00:00

Dhaka lost 60pc wetland in 30yrs

2014-02-08 00:00:00

Environment expert Dr Shahriar Hossain Friday said more than 60 per cent of wetlands in Dhaka city have been lost in last 30 years, reports BSS. "In 1968, there was 130 acre of wetland in Dhaka and it was found...

BSF picks up another Bangladeshi

2014-02-08 00:00:00

A Correspondent JHENIDAH, Feb 6: The members of Indian Border Security Force (BSF) picked up another Bangladeshi resident from Joluli frontier under Moheshpur Upazila in Jhenidah Thursday noon. Earlier on February 4 one Bangladeshi was picked up by BSF from...

20 fishermen hurt, 7 kidnapped

2014-02-08 00:00:00

BHOLA, Feb 7 (UNB): At least 20 fishermen were injured in an attack by pirates in the Meghna River under Moheshkhali area of Tajumuddin Upazila Thursday night. Locals said, the pirates swooped on the trawlers when some fishermen were catching...

Road accident kills 2 in city

2014-02-08 00:00:00

Two people were killed and another injured when a bus ran over them after going out of control at capital Dhaka's Merul Badda area Friday. The accident took place around 6:15pm, said Badda Police Station OC MA Jalil. He told...

Two arrested with firearms in Pabna

2014-02-08 00:00:00

Our Correspondent PABNA, Feb 7: Two men were arrested along with firearms by law enforcers from different places in Pabna sadar upazila on Friday morning and Thursday evening. The members of Rapid Action Battalion arrested a man along with firearms...