DUBAI, Nov 18 (AFP): Pakistan, who batted first after winning the toss, scored 257-8 in the third day-night international against Sri Lanka at Dubai stadium here Friday. Openers Mohammad Hafeez (83) and Imran Farhat (70) gave them a solid 151-run...
Monira Munni The country's jute sector is facing setback owing to the ongoing economic slowdown in many countries, which has also caused price fall of jute and jute products. They suggested raising local consumption, developing skilled and technical manpower and...
NUSA DUA (Indonesia), Nov 18 (AFP): Chinese Premier Wen Jiabao said Friday Beijing would offer its Southeast Asian neighbours $10 billion in infrastructure loans, as he sought to deepen trade ties in the region. He made the announcement in a...
FE Report Flour prices marked a fresh hike in the city's kitchen markets as those of vegetables stabilised with the increased supply, while onion decreased, traders said Friday. Prices of both packed and unpacked flour (Atta) increased by Tk 1-2...
Sonia H Moni Above Tk 63 million SME loan has been disbursed among 67 participants of Bank-NASCIB (National Association of Small and Cottage Industries of Bangladesh) SME Sea Beach Festival 2011 at Cox's Bazar. "67 small and medium entrepreneurs got...
NEW DELHI, Nov 18 (Reuters) - India's State Trading Corp. Ltd has bought 30,000 tonnes of RBD palmolein at $1,114 per tonne, two government sources said, higher than the last known price paid by another state-run firm. STC had tendered...
Syful Islam SAARC chair country the Maldives is insisting on 100 per cent reduction in sensitive list of products under the SAFTA accord by 2012 to make the regional bloc a free trade area, trade officials said Thursday. India supports...
FE Report Industries Minister Dilip Barua has urged the Japanese government to transfer technologies and relocate its hi-tech industries to Bangladesh to help boost her economy. "Japanese entrepreneurs can invest in the country's energy and power sector," he said while...
Yasir Wardad The country can save more than Tk 26 billion per year and effectively protect soil fertility by using locally developed bio and organo-chemical fertilisers (OCFs), according to the scientists of Soil Research and Development Institute (SRDI). They said...
FE Report Mabco Group has opened a new office in the city's Motijheel area targeting easy distribution of its food products. Chairman of Mercantile Bank Limited Abdul Jalil, MP formally inaugurated the office Thursday. "Mabco Group is one of the...
Country's first real estate agency makes debut SARCO Estate Agents, the country's first real estate agency, will bring together property seekers and sellers under one roof providing opportunities to get a win-win position for both, said officials at the launching...
GENEVA, Nov 17 (AFP): A key WTO ministerial meeting next month must address the current global food crisis by ensuring that the Doha Round of free trade talks finds ways to guarantee food security, a UN expert said Wednesday. An...
MELBOURNE, Nov 17 (AFP): The world's largest miner, BHP Billiton, warned today that global economic uncertainty and volatility in the commodities market would present it with short- term challenges. The Anglo-Australian giant expressed caution on its outlook, saying some of...
MADRID, Nov 17 (AFP): Spain's borrowing costs shot to a euro-era record Thursday as a market crisis lurched into dangerous new territory three days before general elections. Spain paid sky-high rates in a bond auction -- close to levels that...
KARACHI, Nov 17 (Reuters): Pakistan's foreign exchange reserves were flat at $17.03 billion for the week ending November 11, unchanged from the previous week, the central bank said Thursday. Reserves held by the State Bank of Pakistan (SBP) fell marginally,...
SEOUL, Nov 17 (AFP): Samsung Electronics said Thursday it had modified the design of its newest tablet PC to bypass a sales ban in Germany and would start selling it there as early as this week. The Galaxy Tab 10.1N,...
NEW YORK, Nov 16 (Reuters): Hugo Boss AG expects good sales in the United States and Europe this holiday season despite lingering economic uncertainty and the eurozone crisis. "The buying behavior is better than the mood," Chief Executive Claus-Dietrich Lahrs...
SAO PAULO, Nov 17 (AFP): Brazil's trade with Africa could triple to $60 billion by 2017, according to business leaders here who also highlighted the South American behemoth's potential as a development model for the continent. "I believe that trade...
The Benchmark General Index DGEN rallied sharply for the second consecutive trading day to gain more than three and a half percent. Traders continued to go long aggressively following previous day's meeting between the Prime Minister and relevant stakeholders. The...
Pankaj Dastider CHITTAGONG, Nov 17: Tanneries have started to purchase rawhides from the city's wholesale markets following the growing demand from local export-oriented shoe factories. Wholesalers at Aturar Depot in the city said buyers from Dhaka are coming to the...
WASHINGTON, Nov 17, 2011 (AFP): President Barack Obama's Republican foes have pounced on news the US national debt passed $15 trillion for the first time to assail his economic policies one year from November 2012 elections. Republican House Budget Committee...
The Governor of Bangladesh Bank (BB) Atiur Rahman said Thursday that the country's biggest economic challenge was taming inflation, which in September hit a record high, reports Reuters. In September, annual inflation rose to 11.97 per cent, from 11.29 per...
Bangladesh's state grains buyer will defer the process of a tender to buy 50,000 tonnes of wheat by two weeks due to storage constraints, a procurement official said Thursday, reports Reuters. "The new date for the opening of bids will...
MANILA, Nov 17 (Reuters): The Philippines, among the world's biggest rice buyers, plans to buy more of the grain in 2012 than earlier forecast after typhoons damaged crops, and may start its purchases as early as next month, the Agriculture...
Badrul Ahsan Handloom units of the country are facing virtual closure due to unavailability of cotton, dyes and chemicals at fair price, shortage of capital and absence of modern cloth processing centres, industry insiders have said. According to a recent...
Kevin Yao of Reuters BEIJING, Nov 17: Europeans searching for a bazooka to blast away euro zone debt problems might well eye China's US$3.2 trillion foreign exchange (FX) arsenal with envy, but Beijing has far less firepower available than many...
FE Report The coal-based 1,320 mega watt (mw) Khulna power plant to be built under a joint venture between the Bangladesh Power Development Board (BPDB) and the India's state-run NTPC Limited (formerly National Thermal Power Corporation) has hit snag over...
WASHINGTON, Nov 17 (AFP): The International Monetary Fund's crucial head of its European Department, which oversees its giant bailouts of Greece, Portugal and Ireland, has resigned, the Fund announced Wednesday. Antonio Borges, who led the unit only since November 2010,...
BERLIN, Nov 17 (AFP): German Chancellor Angela Merkel urged Italy's new prime minister Mario Monti Thursday to move fast to implement "crucial" reforms, as he was set to unveil an economic crisis plan. "You enter office at a difficult time...
RANGPUR, Nov 17 (BSS): The government through the Department of Agriculture Extension (DAE) has fixed a target of producing 63,92,194 tonnes Boro rice from 16,21,682 hectares land this season in northern Bangladesh, officials said. To make the programme successful, the...
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