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IDLC Investments- Company Insight

2014-01-19 00:00:00

Photo: United Commercial Bank Limited

2014-01-19 00:00:00

Photo: Social Islami Bank Limited

2014-01-19 00:00:00

Committee formed by govt to sit this week

Monira Munni | 2014-01-19 00:00:00

The committee formed by the government will sit with both sweater factory owners and workers this week to resolve the dispute over payment and other related issues for piece-rate basis factory workers, sources said. The labour ministry, early this month,...

JICA to continue support to BD\\\'s development

2014-01-19 00:00:00

FE Report The Japan International Cooperation Agency (JICA) has reiterated its commitment to continue support to Bangladesh for the real development of the country. The officials of JICA also expressed their hope that Bangladesh would be able to overcome the...

Shipping Minister visits Western Marine Shipyard

Our Correspondent | 2014-01-19 00:00:00

CHITTAGONG, Jan 18: Shipping Minister Shajahan Khan visited the Western Marine Shipyard on Friday to witness the progress of government projects in the yard. He was accompanied by Secretary of the Ministry of Shipping Syed Monjurul Islam, Chairman of BIWTA...

Thailand recruits 50,000 Bangladeshi workers soon

Munima Sultana | 2014-01-19 00:00:00

Thailand's labour market will soon open up creating job opportunities for 50,000 Bangladeshi workers in fishing and construction sectors. Stating this to the FE, Bangladesh Ambassador to Thailand Kazi Imtiaz Hossain said, the draft of a memorandum of understanding (MoU)...

News Briefs

2014-01-19 00:00:00

New EC of JCI Ctg Cosmopolitan takes charge The new executive committee (EC) of Junior Chamber International (JCI), Chittagong Cosmopolitan took charge after its annual general meeting at a local hotel in the port city on Friday. Md Raisul Uddin...

Photo: Energypac Power Generation Limited

2014-01-19 00:00:00

Poor quarantine system taking toll on fruit, vegetable exports to EU countries

2014-01-19 00:00:00

The export of fresh fruits and vegetables to European Union (EU) countries is showing a much lower growth compared to the one achieved elsewhere in the world over the last few fiscal years, reports UNB. The wheel of export of...

DBI begins diploma on supply chain management

FE Report | 2014-01-19 00:00:00

DCCI Business Institute (DBI) has started the 15th batch of the international certificate/diploma course on supply chain management intended to improve private sector officials' efficiency in supply chain. The course "Modular Learning System in Supply Chain Management (MLS-SCM)" is being...

Inflationary beast yet to be tamed in the Gulf

2014-01-19 00:00:00

DUBAI, Jan 18 (Gulf News): In these post-crisis times, inflation has almost become regarded around the world as a good thing. Certainly it seems the settled position of both policymakers and commentators that the opposite condition, deflation, is a very,...

China overtakes EU as top export market for S\\\'pore in 2013

2014-01-19 00:00:00

SINGAPORE, Jan 18 (Xinhua): China overtook the European Union as the top export market for Singapore in 2013, according to statistics released on Friday by trade agency International Enterprise Singapore. Singapore's non-oil domestic exports (NODX), a key gauge of the...

China, GCC outline 2014-2017 action plan

2014-01-19 00:00:00

BEIJING, Jan 18 (Xinhua): China and the Gulf Cooperation Council (GCC) on Friday mapped out an action plan for cooperation from 2014 to 2017 and vowed to speed up their free trade talks. The plan, announced after their third strategic...

France capable of more than \\\'1pc growth in 2014\\\'

2014-01-19 00:00:00

PARIS, Jan 18 (AFP): Finance Minister Pierre Moscovici said on Friday that the French economy could grow by more than 1.0 per cent this year, higher than the 0.9 per cent forecast until now, if new government reforms lead to...

Chile to issue $6b of govt bonds

2014-01-19 00:00:00

SANTIAGO, Jan 18 (Xinhua): Chilean Finance Minister Felipe Larrain announced Friday that the Treasury plans to issue some US$6.0 billion worth of government bonds. The move "is definitely aimed at improving the management of liquidity," Larrain was quoted by local...

Photo: First Security Islami Bank Limited

2014-01-19 00:00:00

Photo: DCCI

2014-01-19 00:00:00

Photo: ATHENS, Greece: People standing in front of a shop window

2014-01-19 00:00:00

Obama signs spending bill after rare Washington compromise

2014-01-19 00:00:00

WASHINGTON, Jan 18 (AFP): US President Barack Obama signed a $1.1 trillion dollar spending bill Friday that effectively ends the threat of a repeat government shutdown. Obama signed the massive bill, passed by Congress this week in a rare budget...

Commodity prices rise amid supply issues

2014-01-19 00:00:00

LONDON, Jan 18 (AFP) : World oil prices rose this week as traders balanced positive global economic data against an improving supply picture. Elsewhere on commodity markets, sugar futures sank to fresh multi-year lows on prospects of a plentiful harvest....

Emirates launches daily flight to Kiev

2014-01-19 00:00:00

Emirates airline has launched a scheduled daily service to Kiev on January 16, 2014, marking its first route to the Ukraine. Kiev is the 35th destination of Emirates in its European network, according to a statement. Emirates flight EK171 departed...

Moody\\\'s raises Ireland rating to investment grade

2014-01-19 00:00:00

DUBLIN, Jan 18 (AFP) :  Moody's raised Ireland's sovereign debt rating yesterday, pulling it out of junk territory to an investment-grade Baa3 in recognition of the eurozone country's exit from a huge EU-IMF rescue programme. One month after Ireland reclaimed...

Global Commodity Prices

2014-01-19 00:00:00

EU hopes to have FTA with India very soon

2014-01-19 00:00:00

New Delhi, Jan 18 (PTI): The European Union Friday said it was confident of inking the long-pending free trade pact with India later this year as talks on most issues are "closed" except duty-related matters including on wine and automobiles....

Intel to reduce global workforce by five per cent this year

2014-01-19 00:00:00

SAN FRANCISCO, Jan 18 (Reuters) : Intel Corp plans to reduce its global workforce of 107,000 by about 5 per cent this year as the chipmaker, struggling with falling personal-computer sales, shifts focus to faster-growing areas, a company spokesman said...

Russia to increase Hungary\\\'s nuclear power capacity

2014-01-19 00:00:00

Russian state nuclear power company Rosatom will expand Hungary's only nuclear power plant, more than doubling its capacity in the biggest construction project in Hungary's post-Communist history, according to a statement. Russian President Vladimir Putin and visiting Hungarian Prime Minister...

China home price rises show signs of easing

2014-01-19 00:00:00

BEIJING, Jan 18 (Reuters): China's home prices continued to surge in December, though the pace of gains overall did not exceed the previous month's and rises eased in some major cities, suggesting that government tightening measures may be starting to...

Deutsche Bank announces exit from gold, silver price-fixing

2014-01-19 00:00:00

FRANKFURT, Jan 18 (AFP): Deutsche Bank, Germany's biggest lender, said on Friday it is pulling out of the process for the daily fixing of gold and silver prices. "Deutsche Bank is withdrawing its participation in the gold and silver benchmark...

GDP growth in an unusual election year

Abul Basher | 2014-01-19 00:00:00

The World Bank, the global leader of the multilateral lenders, has forecasted a 5.7 growth of GDP (gross domestic product) of Bangladesh for FY14, implying a fall by 0.3 percentage points and a 1.5 percentage points from the original target...