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IMF forecasts Cambodia\\\'s economy at 7.2pc in \\\'14

2014-02-02 00:00:00

PHNOM PENH, Feb 1 (Xinhua): Cambodia's economy is expected to grow by 7.2 per cent this year, and pick up to 7.5 per cent next year, the International Monetary Fund (IMF) has said. "Economic activity remains strong driven by robust...

Thailand sees first trade deficit in four years

2014-02-02 00:00:00

BANGKOK, Feb 1 (Xinhua): Thailand posted a trade deficit of US$22.19 billion in 2013, with exports declining by over 0.3 per cent from the previous year, statistics released on Friday by the Bank of Thailand (BOT) showed. This is the...

GE to invest $350m in Nigeria power sector

2014-02-02 00:00:00

ABUJA, Feb 1 (AFP): General Electric has signed a deal with a Nigerian bank to invest $350 million in Nigeria's ailing power sector, the country's trade and investment minister said on Friday. Olusegun Aganga said the deal between the US...

Italian economy in \\\'slow recovery\\\'

2014-02-02 00:00:00

MILAN, Italy, Feb 1 (Xinhua): Italy has started a slow recovery from its worst post-war recession but it will take years before the country's economy returns to pre-crisis levels, the head of analyses and forecasts for the Italian economy of...

Bank of Cyprus sells off subsidiary in Ukraine

2014-02-02 00:00:00

NICOSIA, Feb 1 (Xinhua): Bank of Cyprus said on Friday that it had sold its subsidiary in Ukraine in line with a recommendation by Cyprus's international lenders. The bank's president, Crhistis Hasapis, said the subsidiary was sold for 225 million...

Photo: Rajshahi Krishi Unnayan Bank

2014-02-02 00:00:00

Photo: All-rounder Shakib Al Hasan being greeted with a cricket bat after his appointment as a brand ambassador of Banglalink

2014-02-02 00:00:00

Photo: MOSCOW: A file picture taken on December 25, 2013, showing Russian Economic Development Minister Alexei Ulyukayev

2014-02-02 00:00:00

Goldman investment sparks political row in Denmark

2014-02-02 00:00:00

LONDON, Feb 1 (BBC): Grassroots opposition has caused a political storm in Denmark over plans to sell part of a state-owned energy company to Goldman Sachs. Opponents are continuing to sign an online petition, which has collected nearly 200,000 signatures....

Volatility hits commodities as Fed cuts stimulus again

2014-02-02 00:00:00

LONDON, Feb 1 (AFP) : Commodity prices faced a choppy week as further stimulus tapering from the Federal Reserve and turmoil across emerging markets overshadowed solid fourth-quarter economic growth in the United States. The Fed said Wednesday that it will...

Global Commodity Prices

2014-02-02 00:00:00

China’s manufacturing index at five-month low

2014-02-02 00:00:00

BEIJING, Feb 1 (AFP) : China's official gauge of its manufacturing sector slipped to a five-month low in January, the government announced Saturday, confirming a slowdown in factory activity in the world's second largest economy. The monthly purchasing managers' index...

Most Japanese firms set for sales, profit growth

2014-02-02 00:00:00

TOKYO, Feb 1(AFP): Nearly 70 per cent of listed Japanese companies are likely to post sales and profit growth this business year, a sign they are gaining traction after years of deflation, a report said Saturday. More than 1,000 companies...

US consumer sentiment dips in January

2014-02-02 00:00:00

WASHINGTON, Feb 1 (Xinhua): US consumer sentiment dropped in January after jumping to a five-month high in December, as Americans felt less optimistic about long term economic prospects, a survey showed Friday. The final reading of the consumer sentiment index...

VW overtakes General Motors as world\\\'s number 2 car maker

2014-02-02 00:00:00

FRANKFURT, Feb 1 (AFP): Germany's Volkswagen (VW) overtook US rival General Motors to become the world's second-biggest car maker after Japanese giant Toyota, last year sales figures showed on Friday. The German group said that it sold a total of...

India\\\'s Rajasthan state bars entry of foreign supermarkets

2014-02-02 00:00:00

MUMBAI, Feb 1 (Reuters) : The government of India's western state of Rajasthan has barred foreign direct investment in the multi-brand retail sector, newspapers said, becoming the second state to block foreign supermarkets from setting up shop. Last month, the...

Gitanjali Jewellers’ special offer on Valentine’s Day

2014-02-02 00:00:00

Gitanjali Jewellers in the capital is displaying various patterned and modern designed diamond jewellery on the occasion of Valentine's Day. Customers will get a maximum of 35 per cent discount on attractively designed diamond jewellery, according to a press release....

BNP pushes for fresh elections

2014-02-02 00:00:00

BNP standing committee member ASM Hannan Shah Saturday said they want the 11th parliament polls to be held as soon as possible as per the will of the country's people, reports UNB. "Many ministers are saying that we're demanding mid-term...

Jan-5 poll a miraculous act, says Dr Kamal

2014-02-02 00:00:00

Terming the January-5 election a miraculous act, Gano Forum President Dr Kamal Hossain on Saturday said that people have not liberated this country for holding such polls, reports UNB. "A total of 153 candidates have been elected unopposed in the...

Weather

2014-02-02 00:00:00

Weather may remain dry with temporary partly cloudy sky over the country today (Sunday). Moderate to thick fog may occur over the country during night until morning, Met Office said. Night and day temperatures may remain nearly unchanged over the...

Photo: BNP standing committee member Brig Gen (Rtd) ASM Hannan Shah

2014-02-02 00:00:00

Civil society groups urge govt to ensure people\\\'s right to info

2014-02-02 00:00:00

Some civil society members at a roundtable demanded that the government's proposals on sustainable development goals (SDGs) should include the guarantee of people's right to information and government data, reports UNB. ARTICLE 19, the Daily Star and Equity and Justice...

Movement forces RU to postpone fee hike

RU Correspondent | 2014-02-02 00:00:00

RAJSHAHI UNIVERSITY, Feb 1: The Rajshahi University (RU) authorities have been forced to postpone their decision to hike fees following the continuous movement and demonstration by the students on the campus. The authorities have given assurance to consider their two...

Jeddah-bound flight delayed due to foggy weather for 16 hrs

Our Correspondent | 2014-02-02 00:00:00

CHITTAGONG, Feb 1: Over 300 passengers of a Jeddah-bound Biman flight finally left Chittagong Airport this afternoon after being detained for more than 16 hours. The flight of Biman Bangladesh Airlines left Chittagong Shah Amanat International Airport at around 2.30...

CSOs to send memo to PM to save Baral river

FE Report | 2014-02-02 00:00:00

Civil society organisations (CSOs) Saturday at a meeting protested the activities causing drying up of the River Baral that connects thirty other rivers and a number of beels with the River Jamuna. They decided to send a memorandum with signatures...

News in Brief

2014-02-02 00:00:00

Orientation for NSU undergraduates held The orientation programme of Spring-2014 Semester for the newly-enrolled more than thirteen hundred undergraduate students of BBA, ETE, EEE, Economics, Environmental Science, Architecture, English, Computer Science, Computer Engineering, Computer Science and Engineering, Pharmacy, Microbiology and...

Sanzima secures GPA-5

2014-02-02 00:00:00

Sanzima Khanom Mim has secured GPA-5 in the Primary School Certificate (PSC) examination held in 2013 from BUET Girls' School under Dhaka Education Board. She is the daughter of Md Abdul Khaleque and Masuda Begum. Sanzima wants to be a...

Photo: Former adviser to caretaker government Prof Jamilur Reza Chowdhury

2014-02-02 00:00:00

Photo: Jatiya Kabita Parishad

2014-02-02 00:00:00

SOS from Zinda Park

Khalilur Rahman | 2014-02-02 00:00:00

Civil society members have once again voiced concern over the existence of Zinda Park in Narayanganj. Last week noted Jurist Barrister Amirul Islam visited the park and was deeply impressed to see the wonderful work of the local people who...