LONDON, Nov 30 (Reuters): British engineering group Rolls-Royce has been awarded contracts worth up to $650 million by Brazil's state oil company Petrobras to support its production activities offshore Brazil. Rolls, which has businesses in the aerospace, defence, marine, energy...
Nazmul Ahsan A five-member delegation of International Monetary Fund (IMF) arrived in Dhaka on Tuesday last to negotiate $1.0 billion loan under Extended Credit Facility (ECF), official sources said. The multilateral lending agency has made some queries to Ministry of...
Finance Minister AMA Muhith has said high degrees of aid proliferation and fragmentation remain a major challenge for many aid recipient countries, including Bangladesh, reports UNB. "Despite several joint initiatives by development partners and partner countries to harmonise development efforts...
FE Report Power tariff for bulk consumers goes up by 16.79 per cent from today (Thursday) in line with a previous decision of the country's energy regulator. The bulk consumers, especially the state-owned power distribution companies, will have to count...
LONDON, Nov 30 (agencies): Two million public sector workers in Britain went on strike Wednesday over changes to their pensions in the biggest walkout for decades, which is expected to cause widespread disruption. Three-quarters of schools were closed, hospitals were...
FE Report Dhaka stocks closed higher Wednesday and DGEN surged more than two per cent with increased turnover. Prices of almost all shares rose on the day as investors went for fresh buying. The market opened with a negative note...
FE Report MI Cement Factory Ltd (Crown Cement), one of the largest enterprises in the cement industry, has won National Export Trophy (Gold) for the second consecutive year for their extraordinary contribution to the country's economy through foreign currency earnings....
FE Report Bashundhara LP Gas will make its product affordable to the general consumers considering the public interest and environment as well. "Our company is trying hard to make LP gas available in every remote corners of Bangladesh at a...
FE Report Prime Finance & Investment Limited, one of the leading Financial Institutions has been awarded as "Overall Winner" of SAFA Best Presented Accounts and has also been adjudged as the recipient of the Awards as first position under the...
FE Report Commerce Minister Muhammad Faruk Khan Tuesday night said economic indicators of the South Asian Federation of Accountants (SAFA) member countries have been showing strong resilience in the face of global financial crises. He was speaking as the chief...
FE Report The Securities and Exchange Commission (SEC) has approved the initial public offering (IPO) of GPH Ispat, official said. The company will raise Tk 600 million by floating 20 million shares among the public. The decision was taken at...
Eastern Bank Limited (EBL), a leading private sector bank in Bangladesh has won the Global Award for Brand Excelence in Banking & Financial Services (BFS) category. The Award was announced recently during World Brand Congress held in mumbai, India. EBL...
Md Jamal Uddin Bangladesh is set to raise its standing as the world's next IT frontier in view of its youth talent pool and cost advantage, local and foreign experts say. The government's initiative to host eAsia conference will help...
BANGALORE, Nov 30 (Reuters): Caterpillar Inc said it will invest $210 million in India as the heavy machinery giant looks to capitalize on an expected spurt in road construction and infrastructure development activities in one of its important markets. Caterpillar...
FE Report The country is deprived of earning Tk 8.00 billion in foreign exchange due to sharp fall in purchase of of flats and residential plots by non -resident Bangladeshis (NRBs) in Middle Eastern countries, Sheltech managing director Toufiq M...
FE Report The three-day long ICT conference -- biggest ever in the country, which includes various events begins today (Thursday) at Bangabandhu International Conference Centre in an effort to woo foreign investment in the first growing sector. The organisers said...
Jubair Hasan Most of the city markets have been flooded with substandard mosquito coils, posing a serious threat to the public health, standard watchdog officials revealed it after detecting such factories in the capital Wednesday. Seasonal businessmen manufacture the low...
FE Report National Board of Revenue (NBR) and International Finance Corporation (IFC) signed an agreement at a city hotel on Wednesday to facilitate the people to pay their taxes online to bring an end to the traditional physical transaction system....
Janata Bank gets new DMD Md Ayet Ali has been promoted to the post of Deputy Managing Director of Janata Bank Limited recently. Prior to his promotion he was the general manager of the bank. He started his banking career...
NEW DELHI, Nov 30 (Reuters): India's economy grew at its weakest pace in more than two years in the quarter that ended in September, revealing the heavy toll that stubbornly high inflation, rising interest rates and crisis-hit global capital markets...
KARACHI, Nov 30 (Reuters): The Pakistani rupee's slide continued for a third day Wednesday, with increased import payments, negative sentiment about regional currencies and a bleak outlook for the country's economy driving it to a record low of 88.45 to...
TOKYO, Nov 30 (Xinhua): New housing starts in Japan fell 5.8 per cent in October from a year earlier, marking the second straight year-on-year decline, the ministry of land, infrastructure, transport and tourism said in a report Wednesday. The latest...
COLOMBO, Nov 30 (Reuters): Sri Lanka's annual inflation slowed to 4.7 per cent in November from a year earlier, contrary to expectations of a rise, and was down from 5.1 per cent in October on a new consumer price index,...
WASHINGTON, Nov 30 (Xinhua): Growth in the United States faces serious headwinds and the country's high unemployment will linger for many years, said a high-ranking official of the Federal Reserve Tuesday. "Households are still deleveraging, corporations are reluctant to invest,...
BEIJING, Nov 30 (Reuters): China's rare earth exports stood at 11,000 tonnes from January to September, down 65 per cent year on year and constituting just 40 per cent of the total export quota for 2011, a government official was...
NEW DELHI, Nov 30 (Reuters): Bharti Airtel, India's top mobile phone carrier, said Wednesday it has crossed 50 million customers in Africa, where it acquired mobile operations in 15 countries in a $9 billion deal in June last year. Bharti...
COLOMBO, Nov 30 (LBO): Sri Lanka's markets watchdog, the Securities and Exchange Commission, will hold a forum in the northern Jaffna peninsula to attract more investments from the former war zone. The 'Investor Day' Saturday, is being organised by the...
MACAO, Nov 30 (Xinhua): Macao recorded a trade deficit of 4. 92 billion patacas (615 million US dollars) in October, as merchandise import soared by 47.1 per cent year-on-year, according to the figures released Wednesday by the city's Statistics and...
Following the downward movement on Tuesday, the Benchmark General Index DGEN witnessed steady upward trend today after the initial volatility in the first half an hour. The index gained 113.9 points to reach 5268.6 points at the end of the...
ISTANBUL, Nov 30 (Reuters): Turkey's trade deficit widened 26 per cent year-on-year in October to $7.98 billion, data showed Wednesday, less than a forecast deficit of $8.3, trade deficit rose 63.5 per cent to $90.18 billion from $55.17 billion in...
© 2026 - All Rights with The Financial Express
