TEHRAN, Oct 27 (Xinhua): Iranian Foreign Minister Ali-Akbar Salehi said that Iran and members of the European Union are long-standing trade partners, the English language Tehran Times daily reported Thursday. Salehi made the remarks during a farewell meeting with Spanish...
Bangladesh Bank (BB) has restricted formation of various committees by the boards of directors of banks and non-banking financial institutions (NBFIs), reports BSS. The central bank in a circular issued Wednesday said the boards of directors of the banks and...
PERTH, Australia, Oct 27 (AFP): Australia's Perth Mint unveiled today what it says is the world's largest gold bullion coin, weighing more than a tonne and worth Aus$53.5 million (US$55 million). Embossed on one side with a leaping kangaroo and...
SINGAPORE, Oct 27 (Reuters): Asia's oil demand outlook will dominate talks at a key industry gathering in Singapore next week as policymakers in Europe and the United States grapple with an economic slowdown and the threat of a second recession....
KUALA LUMPUR, Oct 27 (Reuters): Commodities rose Thursday, led by crude oil and metals, after European leaders reached a deal with private holders of Greek debt to write down half their holdings and also boosted the region's financial stability fund....
WASHINGTON, Oct 27 (AFP): The US economy grew at a much faster rate of 2.5 per cent in the third quarter, boosted by stronger consumer spending, the Commerce Department reported Thursday. The rate of growth nearly doubled from the second...
JUBA, South Sudan, Oct 27 (AFP): South Sudan will introduce a series of measures to ward off a looming food crisis in light of spiraling food prices and shortages in the newly independent nation and neighbouring countries. Commerce Minister Garang...
Tanners have sought a Tk 6.0 billion as loans from the public commercial banks (PCBs) to procure rawhide and skin in Eid-ul-Azha, the season that accounts for more than 40 per cent of the yearly leather procurement, reports BSS. "We...
Capricorn's World, the first hi-tech and international standard entertainment restaurant, has started its journey in Bangladesh. Chairman of East Coast Group and Finlays Tea Company, Managing Director of MJL Bangladesh Limited and Director of Prime Bank Limited Azam J Chowdhury...
BRUSSELS, Oct 27 (BBC): European leaders have reached a 'three-pronged' agreement described as vital to solve the region's massive debt crisis. They said banks holding Greek debt accepted a 50 per cent loss, the eurozone bailout fund would be boosted...
SEOUL, Oct 27 (AFP): South Korea's economy grew at its slowest pace for three quarters in July-September due to weak consumer spending and a fall in corporate investment amid global economic gloom, the central bank said today. Gross domestic product...
The holy Eid-ul-Azha will be observed across the country on November 7, as the new moon of the month of Zilhajj of the Hizri year 1432 was sighted Friday evening. The National Moon Sighting Committee took the decision at a...
Nizam Ahmed Authorities concerned can facilitate transporting goods to, and from, northeastern states of India via Bangladesh by utilising the still-operational provisions of the country's export policy, before implementation of a massive investment programme for offering full rail, road and...
Syful Islam A full-fledged river transit facility through the Ashuganj port is unlikely to be given to India in the 'near future' due to the absence of necessary infrastructure, a senior government official said. "We are not sure when the...
Jasim Uddin Haroon Local tanners are worried about the ongoing financial crisis in Eurozone, the major market of Bangladeshi leather products, saying it might hit their business badly, industry insiders told the FE. Tanners claimed that at least one dozen...
Jubair Hasan The people of Narayaganj City Corporation (NCC) will go for voting tomorrow (Sunday) to elect their mayor and councilors, amid a lot of expectations that many of their long-lingering problems will be addressed by the would-be elected authorities....
PERTH, Oct 28 (UNB): The Commonwealth Heads of Government Meeting (CHOGM) 2011 kicked off Friday with a call for more collaborative efforts by the world community to face the challenges of food security and climate change. The three-day Commonwealth summit...
Hours after troops were due to take positions, the CEC said he did not see the possibility of army deployment for NCC polls. "Since the troops have not arrived yet, we can assume that there will be no deployment of...
Mahmudur Rahman It would appear that the relentless nudging of Greece towards exit from the Euro zone is nearing some sort of climax. For the time being Greece has had its voice heard but at a price. The Euro zone...
RIYADH, Oct 28 (BBC): Saudi Arabia has named Prince Nayef bin Abdulaziz al Saud as the heir to the throne of King Abdullah. The move follows the death last week of the previous crown prince, Sultan bin Abdul Aziz. The...
Kamrun Nahar Experts Friday suggested formulation of an appropriate policy by the Bangladesh Bank (BB) to expand formal financial services nationwide as the penetration of banking services is only 8.0 per cent at the national level. They also said the...
PERTH, Oct 28 (UNB): Prime Minister Sheikh Hasina has called for more concerted efforts by the South Asian nations to root out poverty from the region. The Prime Minister made the call when she had separate meetings with Sri Lankan...
Outgoing Indian High Commissioner Rajeet Mitter Friday said that many factors are involved in sharing of the Teesta river water and the sharing must be fair, equitable and acceptable to all stakeholders in Bangladesh and Pashchimbanga, reports UNB. "We need...
finally, the countries rattled by the "Arab Spring" have started having the taste of democratic aspirations as Tunisia has just held the promised elections. The results of which are also known by this time as moderate Islamic forces have scored...
The gross domestic product (GDP) is the market value of all final goods and services produced within a country in a year. As per the United Nations (UN) Statistics Division, the Bangladesh's GDP at current price, which is called the...
One of the common excuses for non-implementation of Annual Development Programme (ADP) fund has long been the delay in releasing the allocated money by the international financial institutions and donors. This time, implementers have been left with no room for...
Indecent behaviour of bus helpers There are different types of buses plying on the city streets. They have eased the city's transportation problem to a great extent. Decades ago all bus routes led to Gulistan. The passengers had hardly any...
Is Dhaka a decent, peaceful city? Can anybody go for a drive which he will enjoy to his fullest? Can anybody walk through footpath freely? Are we breathing fresh air? Does the city have enough open spaces, parks or playgrounds?...
FE Report Share prices at the Dhaka Stock Exchange (DSE) plunged 2.57 per cent Wednesday, ignoring the latest proposal of the Bankers Association of Bangladesh (BAB) to float a Tk 50 billion market stabilisation fund. The sharp decline prompted a...
Prime Minister Sheikh Hasina Wednesday said the complexities over the financing by the World Bank (WB) for construction of the Padma Multi-purpose Bridge is temporary, reports BSS. "Initiative is going on to resolve the problem. we hope that the work...
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