Venkataramanan Anantharaman, Managing Director and Regional Head, Origination and Client Coverage, India and South Asia for Standard Chartered Bank will arrive in Dhaka today (Monday) for a two-day official visit. He will be accompanied by Nirukt Sapru, Managing Director &...
Md Mazadul Hoque | 2011-04-18 00:00:00
Md Mazadul HoqueState-run housing financier has raised its lending ceiling by Tk 1.0 million to keep pace with the rising costs of house building, its top official said Sunday. Managing director of Bangladesh House Building Finance Corporation (BHBFC) Kazi Faqurul...
FE Report | 2011-04-18 00:00:00
FE ReportThe government can ensure food security for the people of Bangladesh by giving scope to the local entrepreneurs to invest in the African countries, speakers at a seminar Sunday said. The speakers of the seminar exchanged their views relating...
Talha Bin Habib | 2011-04-18 00:00:00
Talha Bin HabibThe Ministry of Textiles and Jute has planned to increase cotton production to reduce country's dependency on import of the vital textile item that costs a significant amount of foreign currency every year, officials said. The cotton prices...
FE Report | 2011-04-18 00:00:00
FE Report Industries Minister Dilip Barua said Sunday the government will formulate policy guidelines for an environment-friendly ship breaking industry, officials said. "The government will formulate guidelines for protecting the interests of labourers and environment of the ship breaking industry,"...
Bangladesh will import rice from Vietnam in a deal intended to meet its growing food demand in the long term. A three-member delegation headed by food and disaster management minister Abdur Razzak left Dhaka for the Vietnamese capital Saturday to...
CHITTAGONG, April 17: Nature's Beauty Creations Ltd., manufacturers of leading cosmetics brand 'Nature's Secrets' in Sri Lanka acquired the trade mark rights of Nature's Secret in the United Kingdom and 12 other countries of the European Union from its previous...
FE Report | 2011-04-18 00:00:00
FE ReportDhaka stocks closed in negative territory Sunday with low turnover as investors booked profit in the major sectors. This was consecutive two sessions loss in the prime bourse of the country. Market insiders said, although there were some glimpses...
Venkataramanan Anantharaman, Managing Director and Regional Head, Origination and Client Coverage, India and South Asia for Standard Chartered Bank will arrive in Dhaka today (Monday) for a two-day official visit. He will be accompanied by Nirukt Sapru, Managing Director &...
FE Report | 2011-04-18 00:00:00
FE ReportExperts Sunday said all authorisation, permission etc, including environmental certification, should be thoroughly streamlined for avoiding corrupt practices for speedy growth of shipbuilding industry in Bangladesh. Though Bangladesh has the potential to become a major ship exporting country within...
NEW DELHI, April 17 (The Economic Times): Drug maker Lupin Sunday said it is aiming to become one of the top five generic pharmaceutical companies in Japan in the next three years. As part of the plan, the firm's Japanese...
BEIJING, April 17 (AFP): China raised banks' required reserves Sunday for the fourth time this year, extending the fight against excessive liquidity and stubbornly high inflation in the world's second-largest economy. The reserve rate rise, which followed an increase in...
NEW DELHI, April 17 (The Economic Times): Diversified business house Tata Group will invest up to Rs 1200 billion across sectors in the domestic market in the next five years as it looks to more than double its revenues to...
MUMBAI, April 17 (The Economic Times): German auto major, BMW, which debuted in the domestic market three months ago with a host models in the two-wheeler segment, is aiming to sell 50 motor-cycles by end-this year, besides introducing bikes below...
NEW DELHI, April 17 (The Economic Times): The country's largest car maker Maruti Suzuki India is considering to set up a new plant, over and above the two new upcoming units in Manesar, as it aims to sell up to...
BEIJING, April 17 (Xinhua): Liuzhou Liangmianzhen, one of China's leading makers of oral hygiene products, posted on Sunday a decline of 35 per cent in net profit in 2010 on soaring costs and fierce competition. Net profit totaled 10.83 million...
Venkataramanan Anantharaman, Managing Director and Regional Head, Origination and Client Coverage, India and South Asia for Standard Chartered Bank will arrive in Dhaka today (Monday) for a two-day official visit. He will be accompanied by Nirukt Sapru, Managing Director &...
WASHINGTON, April 17 (Bloomberg): Group of 20 finance chiefs said the world economy is strengthening even after recent shocks as they fleshed out details of a surveillance system aimed at highlighting and fixing fault lines that threaten growth. While the...
DUBAI, April 17 (Reuters): The United Arab Emirates will stop individuals and small businesses accessing the most private data services offered by BlackBerry, a UAE newspaper said, but the government said no services would be disrupted to any subscribers. Only...
FE Report | 2011-04-18 00:00:00
FE Report The stakeholders of public procurement from both the public and the private sectors have laid emphasis on creating scope for third-party engagement in the process of public procurement. The members of the Public-Private Stakeholders Committee (PPSC) on public...
Events: The Benchmark General Index DGEN ended in the red for the second consecutive session to register loss of 0.62%. Upon resumption of trading the market gained 60 points during the first 30 minutes before steady selling pressure mainly as...
BEIJING, April 17 (BBC): China's central bank has raised the amount of money that lenders must hold in reserve for the fourth time this year, as it battles rising inflation. By insisting banks hold more cash, the central bank hopes...
HONG KONG, April 17 (AFP): Russian President Dmitry Medvedev held talks Sunday with Hong Kong's leader on a visit aimed at improving business ties and harnessing the territory's financial expertise to modernise Russia. In the first visit by a Kremlin...
BEIJING, April 17 (Xinhua): Liuzhou Liangmianzhen, one of China's leading makers of oral hygiene products, posted on Sunday a decline of 35 per cent in net profit in 2010 on soaring costs and fierce competition. Net profit totaled 10.83 million...
Venkataramanan Anantharaman, Managing Director and Regional Head, Origination and Client Coverage, India and South Asia for Standard Chartered Bank will arrive in Dhaka today (Monday) for a two-day official visit. He will be accompanied by Nirukt Sapru, Managing Director &...
JOHANNESBURG, Apr 17 (Bloomberg): Gold Fields Ltd. (GFI), the fourth- largest producer of the metal, agreed to buy Iamgold Corp (IMG)'s interests in its Tarkwa and Damang mines in Ghana for $667 million to increase its output and reserves. It's...
WASHINGTON, Apr 17 (Bloomberg):March increases in home sales and construction probably failed to make up for the ground lost the prior month, showing the U.S. residential real estate market continues to struggle almost two years into the economic recovery, economists...
PARIS, Apr 17, (Bloomberg): France Telecom SA and Deutsche Telekom AG are preparing an accord that may lead to joint purchasing of telecommunications equipment at lower costs, according to a person familiar with the accord. The companies will announce their...
SHANGHAI, Apr 17 (AFP): The world's top car makers head to China this week for the Shanghai Auto Show, where they hope to cash in as the sector reels from last month's earthquake and tsunami in Japan. After two years...
SINGAPORE, Apr 17 (AFP): In a luxury industry dominated by famous European brands, a Singapore company is making inroads with an exclusive line of colourful handbags made from crocodile skin. Selling for as much as $20,000 apiece, Kwanpen bags are...
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