Shah Alam Nur The country earned an amount of Tk 3.12 billion in the first five months of fiscal year (FY) 2011-12 by exporting plastic products against the target of Tk 2.69 billion, registering a 47 per cent growth during...
FE Report Country's poultry industry has been incurring loss to the tune of Tk 1.30 billion per month due to higher production cost and lower prices of the poultry products, poultry sector insiders said. Local poultry industry owners said if...
MUMBAI, Dec 12 (Reuters): Reliance Industries, India's most valuable listed company, is scouting for oil investments in the Americas as it looks to increase the stake of crude production it owns to feed its refinery, the world's largest, a senior...
Submarine cable upgradation work begins to raise speed of ICT Upgradation work on 'submarine cable' for the third time at an estimated expenditure of Tk 500 million has been started with a view to increasing speed of the activities of...
BRUSSELS, Dec 12 (AFP): Five states which risk fines under new EU laws must wait until January to see if promised 2012 budget cuts are sufficient to avoid sanctions, Economic Affairs Commissioner Olli Rehn said Monday. Belgium, Cyprus and Malta...
MANILA, Dec 12 (Reuters): The International Monetary Fund (IMF) said Monday it had reduced its growth forecasts for the Philippine economy this year and the next as weak public investment and exports so far in 2011 highlight the risks from...
LONDON, Dec 12 (Reuters): An OECD report due for release this month will say markets and governments face an uphill struggle to fund themselves next year amid extreme uncertainty over the euro zone and the global economy, the Financial Times...
BEIJING, Dec 12 (Reuters): China's annual economic growth is likely to slow to 8.5 per cent in 2012 and consumer price inflation may drop sharply to average 2.9 per cent next year, an academic adviser to the country's central bank...
NEW DELHI, Dec 12 (Reuters): India's industrial output fell in October for the first time in more than two years as capital goods investment slumped, ramping up pressure on the central bank to ease monetary or liquidity conditions, possibly as...
SYDNEY, Dec 12 (Reuters): Australia's trade surplus narrowed by more than expected in October as imports outpaced a flat export performance, and further slippage looms as Europe's crisis hits trade finance while China's red-hot growth cools. Monday's data showed a...
The Benchmark General Index DGEN bucked its consecutive six days losing streak to end flat for the day. Declaration by sponsors of a few specific companies to buy back shares from the market along with news of activation of stabilization...
The US$4.5 billion 'Country Partnership Strategy (CPS) 2011-15' for Bangladesh by the Asian Development Bank (ADB) has already come into effect as some loan agreements have been signed in projects relating to railway and water supply, reports UNB. Loan agreements...
Bangladesh's state grains buyer has delayed by 10 days the opening date for a tender to buy 50,000 tonnes of wheat due to storage constraints, a procurement official said on Monday, reports Reuters. "The new date for the opening of...
NEW DELHI, Dec 12 (Business Standard): With half a dozen power equipment firms slated to set up units in India, the government Monday expressed confidence of meeting the domestic power demand and generating surplus for export. "We had only Bharat...
NEW YORK, Dec 12 (BBC News): Moody's has said the EU has a "continued absence of decisive policy measures", despite last week's summit. The credit ratings agency reiterated that it will review the ratings of all EU countries in the...
Bangladesh's trade deficit widened 23 percent year on year in the three months to September as fuel imports increased sharply, a central bank official said, while export growth dipped in November as the global economy cooled, reports Reuters. The deficit...
NEW DELHI, Dec 12 (Business Standard): Weakening of rupee against the US dollar has added a mind-boggling Rs 50,000 crore to the fuel subsidy as the nation paid more for its oil imports, Oil Secretary GC Chaturvedi said Monday. "Every...
LONDON, Dec 12 (Reuters): Gold fell to a three-week low Monday, after a rise in the dollar prompted enough selling to push the bullion price through a key level of support, in spite of the persistent worry about the lack...
The US$4.5 billion 'Country Partnership Strategy (CPS) 2011-15' for Bangladesh by the Asian Development Bank (ADB) has already come into effect as some loan agreements have been signed in projects relating to railway and water supply, reports UNB. Loan agreements...
Bangladesh's state grains buyer has delayed by 10 days the opening date for a tender to buy 50,000 tonnes of wheat due to storage constraints, a procurement official said on Monday, reports Reuters. "The new date for the opening of...
NEW DELHI, Dec 12 (Business Standard): With half a dozen power equipment firms slated to set up units in India, the government Monday expressed confidence of meeting the domestic power demand and generating surplus for export. "We had only Bharat...
NEW YORK, Dec 12 (BBC News): Moody's has said the EU has a "continued absence of decisive policy measures", despite last week's summit. The credit ratings agency reiterated that it will review the ratings of all EU countries in the...
Bangladesh's trade deficit widened 23 percent year on year in the three months to September as fuel imports increased sharply, a central bank official said, while export growth dipped in November as the global economy cooled, reports Reuters. The deficit...
NEW DELHI, Dec 12 (Business Standard): Weakening of rupee against the US dollar has added a mind-boggling Rs 50,000 crore to the fuel subsidy as the nation paid more for its oil imports, Oil Secretary GC Chaturvedi said Monday. "Every...
LONDON, Dec 12 (Reuters): Gold fell to a three-week low Monday, after a rise in the dollar prompted enough selling to push the bullion price through a key level of support, in spite of the persistent worry about the lack...
Syful Islam Jeddah-based Islamic Development Bank (IDB) has sought government permission to establish an Islamic Microfinance Institution (IMFI) in Bangladesh, officials said Monday. "We have received a proposal from IDB president Ahmad Mohammed Ali. We are examining the documents," a...
NEW DELHI, Dec 12 (Economic Times): The slowdown in the textile sector is a matter of concern, union Commerce Minister Anand Sharma told parliament Monday. "There is a slowdown in the textile sector. It is a matter of concern," Sharma...
DUBAI, Dec 12 (AP): Fast-growing Gulf carrier Etihad Airways said Monday it is buying 10 more of Boeing's new 787-9 planes, making it the largest airline customer for that version of the much-hyped carbon fiber jet. Etihad also signed up...
London, Dec 12 (BBC News): The UK economy is to contract by more than previously thought, according to a leading forecaster. Economists at Standard Chartered bank said the economy will contract by 1.3 per cent in 2012, having previously predicted...
TORONTO, Dec 12 (BBC News): Unemployment is the world's fastest-rising worry, a BBC World Service survey covering 11,000 people in 23 countries suggests. The annual poll, called The World Speaks, gave people a list of concerns and asked which they...
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