Nazmul Ahsan A meeting of the Council for the Coordination of Fiscal, Monetary and Exchange Rate Policies (Coordination Council) will be held on Thursday next to review the current macro-economic challenges and find out ways to help overcome them, a...
Syful Islam The country's Islamic banks are facing a gap between their assets and liabilities as they disburse more money in the form of loans than what they could collect as deposits in recent months. This has been revealed in...
The 14th extra-ordinary general meeting (EGM) of Mutual Trust Bank (MTB) Limited was held in the city recently, according to a press release. MTB Vice Chairman Dr Arif Dawla presided over the EGM while MTB Founding Chairman Syed Manzur Elahi...
FE Report A non-government think-tank said the government has taken different steps to revamp the country's stock market without bringing the 'game planners' of the market to book. "Due to downturn of the capital market, the government has taken steps...
Nizam Ahmed Bangladesh, once the world's fifth-largest tea exporter, imported some 5.0 million tonnes of tea over the last 10 months as local demand soared, traders said on Saturday. The imports helped keep market stable as prices continued to rise...
MUMBAI, Nov 19 (PTI): The rupee Friday plunged to 32- month low of sub-51 level against dollar on persisting demand for the US currency from banks and importers. At the interbank foreign exchange market, the domestic currency closed down 44...
Md Yeasin Ali has been appointed the chairman of the board of directors of Bangladesh House Building Finance Corporation (BHBFC). Mr Ali started his banking career after obtaining M.Sc in Agricultural Economics. He rendered his services for the last 40...
NEW DELHI, Nov 19 (Business Standard): Multinational retailers such as Walmart, Tesco and Carrefour looking to open stores in the country may have to source almost a third of their merchandise from small Indian manufacturers as the government tries to...
BEIJING, Nov 19 (PTI): China's trade surplus may drop to zero or even fall into negative digits in the next two years in view of declining exports and surging imports, a top official of China's central bank has said. China's...
BRUSSELS, Nov 19 (AFP): The EU's 27 national governments and the European Parliament agreed Saturday to limit spending to 129 billion euros ($174 billion) in the 2012 budget, up two per cent from 2011, the Polish EU presidency said. The...
HANOI, Nov 19 (Xinhua): Vietnam's vice minister Friday called for further promotion of border trade with China as the border area is considered as a gate of the country's northern key economic zone. Vietnam's Deputy Minister of Industry and Trade...
LA PAZ, Nov 19 (Xinhua): Bolivia reiterated Friday its definite rejection to sign a free trade agreement (FTA) with the United States due to great trade imbalance between the two countries. "We can't sign, under any arguments, a free trade...
NUSA DUA, Nov 19 (Reuters): Leaders of Japan, China and South Korea Saturday agreed to seek a trilateral investment treaty by the end of this year as a way to speed up talks on a free trade pact among the...
MIRPUR, Nov 19 (APP): The trade across both sides of the line of control (LoC) between Azad Jammu and Kashmir and Indian-occupied Kashmir touches Rs 17.6 million. Official sources told the reporter Friday that as many as 16 trucks rolled...
COLOMBO, Nov 19 (LBO): Sri Lanka has signed a deal with India to restore part of a northern railway line that was damaged during the ethnic war under project funded by soft loans from New Delhi. The agreement between Sri...
Arafat Ara Raw jute export earnings marked a decline by around Tk 1.0 billion in the first quarter (Q1) of the current financial year compared to the corresponding period of last year due to low price quotation by the buyers....
BALI (Indonesia), Nov 19 (PTI): Raising the issue of a big trade imbalance in favour of China, India Prime Minister Manmohan Singh yesterday told his counterpart Wen Jiabao it needs to be corrected for a "more conducive" business environment even...
Talha Bin Habib Bangladesh will contest the prestigious election for membership of the International Maritime Organisation (IMO) Executive Council to be held this month in London aiming to preserve the country's interest in the international shipping industry sector, officials said....
LONDON, Nov 18 (AFP): Commodity prices were mostly lower this week, in line with tumbling stock markets as traders sought cover from the escalating eurozone debt crisis. Financial markets fell sharply days as Italy, Spain and France faced a sharp...
FE Report Bangladeshi business conglomerate Intraco Group and prominent Indian car manufacturer Hindustan Motors (HM) signed a memorandum of understanding Saturday at a city hotel for marketing 'Ambassador' car in Bangladesh. The five-year marketing contract with Intraco has a target...
Yasir Wardad The country is expecting another "bumper" Aman output this year, but farmers stand to gain little as the price is lower compared to the production cost, farmers and officials said. Aman production totalled 12.7 million tonnes last year,...
NUSA DUA, Indonesia, Nov 19 (AFP): China wants to cooperate with the United States in the Asian region, assistant foreign minister Liu Zhenmin said Saturday in positive comments after a week of wrangles. "We are looking forward to cooperating with...
TOKYO, Nov 19 (AFP): Japan's two major bourses have agreed to merge in about January 2013, creating the world's second-largest stock exchange, reports said Saturday. The presidents of the Tokyo Stock Exchange (TSE) and Osaka Securities Exchange (OSE) reached a...
NEW YORK, Nov 19 (Xinhua): The US dollar rose against most major currencies last week against the backdrop of the ongoing European debt crisis and upbeat economic data. The auction of Italian five-year government bonds Monday produced a yield of...
NEW DELHI, Nov 19 (AFP): Indian police Saturday raided offices of two of the nation's biggest telecom firms, Bharti Airtel and Vodafone Essar, in a widening probe into alleged wrongdoing in the awarding of mobile spectrum. India's top federal police...
NUSA DUA, Indonesia, Nov 19 (AFP): Japan's Prime Minister Yoshihiko Noda said Saturday that Asian economies were unlikely to be affected by the eurozone crisis because of large surpluses and hefty foreign reserves. "We understand the eurozone crisis is in...
SHAKTIKHOR CANTONMENT, Nov 19 (AFP): Nepal's Maoist fighters Saturday began the process of leaving the camps they have called home since the end of their insurgency in 2006, to join the regular army or start new lives. The historic transition...
NUSA DUA, Nov 19 (AFP): United Nations leader Ban Ki-moon said today he planned to visit Myanmar "as soon as possible", after talks with President Thein Sein where he urged progress on nascent reforms. "I am also planning to visit...
DAMASCUS, Nov 19 (AFP): Syrian security forces killed at least 12 civilians Friday including two children, on the eve of an Arab League deadline for Damascus to stop its lethal crackdown on protesters. The latest bloodletting came as Turkey and...
NUSA DUA, Indonesia, Nov 19 (AFP): US President Barack Obama left Indonesia's Bali Island today after an Asian summit where he sought to underscore his administration's foreign policy shift towards the Pacific. Obama, the first US president to take part...
© 2026 - All Rights with The Financial Express
