Sonia H Moni | 2014-01-28 00:00:00
The government has taken a move to resume export of frozen foods to the Russian market where exports have remained suspended for more than two months, officials said. Russia, one of the potential markets for Bangladesh's frozen foods, has put...
FE Report | 2014-01-28 00:00:00
The activities of the Artha Rin Adalat in Chittagong are being hampered in absence of its judge, Bangladesh Human Rights Foundation (BHRF)'s Chittagong Chapter said Monday. Artha Rin cases involving several billions of Taka remain pending at the court due...
NAY PYI TAW, Jan 27 (Xinhua): World Bank (WB) is seeking to invest US$1.0 billion in Myanmar's power sector including generation, transmission and distribution over the next five years, said Jim Yong Kim, WB President, on Monday. Kim made the...
MADRID, Jan 27 (AFP): Spain announced Monday it raked in a record 59 billion euros ($81 billion) from foreign tourists in 2013, luring an unprecedented number of visitors of whom many splurged more holiday cash. Foreign tourists in Spain boosted...
SEOUL, Jan 27 (Reuters): LG Electronics Inc beat analyst estimates by doubling its fourth-quarter profit, as heavy promotional activity in the US's Black Friday shopping season lifted TV sales, offsetting a small loss at its mobile arm. Operating profit totalled...
BERLIN, Jan 27 (AFP) : German business confidence rose sharply in December, data showed on Monday, with a surprisingly strong boost suggesting a sunny outlook in Europe's biggest economy. The upbeat assessment points to general satisfaction with the direction of...
SINGAPORE, Jan 27 (AFP) : Oil prices were mixed in Asian trade Monday as dealers focused on the US Federal Reserve's policy meeting this week in anticipation of further stimulus pullback. New York's main contract, West Texas Intermediate (WTI) for...
Mumbai, Jan 27 (PTI): The rupee Monday depreciated by 18 paise to 62.84 a dollar in early trade on the Interbank Foreign Exchange market due to appreciation of the American unit against major currencies overseas. Increased month-end demand for the...
SEOUL, Jan 27 (AFP) : Samsung said Monday it had signed a long-term cross-licence deal with Google in a move to help the South Korean technology firm stave off potential patent disputes in the future. The move comes as the...
TOKYO, Jan 27 (AFP) : Japan's trade deficit swelled to a record $112 billion in 2013, official data showed Monday, as the benefits of a cheap yen for exports were diluted by soaring post-Fukushima energy bills. The shortfall of 11.47...
LONDON, Jan 27 (AFP) : Google said on Monday that it had agreed to buy British artificial intelligence start-up company DeepMind for an undisclosed amount. "I can confirm that the acquisition has indeed gone ahead but unfortunately we are not...
Twenty eight new nuclear power units will be built in Russia before 2030. Russia's President Vladimir Putin disclosed the plan during a meeting with the students of a university in Moscow recently, according to a statement. "In Russia's energy mix,...
Huawei, a leading global information and communications technology (ICT) solutions provider, procured US$3.4 billion worth of components, engineering services, and logistical services from Europe. Huawei recently released the procurement amount from Europe, 2013, at the World Economic Forum Annual Meeting...
TOKYO, Jan 27 (AFP) : Moody's cut its credit rating on Sony to junk on Monday, saying the Japanese electronics giant had more work to do in repairing its battered balance sheet. The international ratings agency lowered its view of...
FE Report | 2014-01-28 00:00:00
Stocks faced slight correction Monday after fourth consecutive sessions winning streak with turnover dropped significantly as investors booked marginal profit, particularly in large cap stocks. The prime index of the Dhaka Stock Exchange (DSE) --- DSEX- went down by 6.75...
FE Report | 2014-01-28 00:00:00
Karnafuly Ship Builders Limited has recently mandated IDLC Finance Limited as Lead Arranger and Agent to arrange USD 105.00 million Term Loan Finance to set up a Dry Dock project at Badalpura, Anwara, Chittagong. This project is expected to cost...
FE Report | 2014-01-28 00:00:00
The Chittagong Stock Exchange (CSE) is going to introduce the IPO (initial public offering) index in a bid to help investors in observing the performance of newly listed companies for a certain period, officials said. The port city bourse is...
FE Report | 2014-01-28 00:00:00
The Orientation Program of the 33rd Batch of Chartered Secretary Course of ICSB was held recently at BIAM Auditorium, New Eskaton, Dhaka. As many as 200 students who have been admitted in the regular course of Chartered Secretary for the...
New UCB EC chairman Mr. Anisuzzaman Chowdhury Ronny was unanimously elected as Chairman of Executive Committee of United Commercial Bank Limited in the Board meeting held Sunday. He is the son of veteran politician, one of the founding Directors of...
MUMBAI, Jan 27 (Reuters): The BSE Sensex slumped more than 2 per cent on Monday, marking their biggest daily fall since September 3 as a rout in emerging markets hit blue chips, while lenders were hurt further by caution ahead...
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