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India, Pakistan may enter wheat market: CWB

2011-05-05 00:00:00

NEW DELHI, Apr 29 (Commodity Online): A day after India and Pakistan restarted trade talks, both could be poised to test their wheat export records, signalling that nearly eight million tonnes in extra supplies could hit the market, according to...

Gold set for seventh weekly gain as dollar sags

2011-05-05 00:00:00

LONDON, Apr 29 (Reuters): Gold steadied Friday, just shy of fresh record highs and set for its seventh successive weekly gain, driven largely by the decline in the dollar to its lowest in nearly three years. The dollar fell to...

Myanmar, China to build rail link

2011-05-05 00:00:00

YANGON, Apr 28: Myanmar and China plan to build a railroad together that will link China's landlocked Yunnan province to a deep-sea port being built in Myanmar's Rakhine state. The state-run newspaper New Light of Myanmar reported Thursday the project...

weather

2011-05-05 00:00:00

Rain or thundershowers accompanied by temporary gusty or squally wind is likely at a few places over Dhaka, Barisal and Chittagong divisions and at one or two places over Khulna, Rajshahi, Rangpur and Sylhet divisions in next 24 hours till...

Govt should 'encourage cos to invest in CSR areas'

2011-05-05 00:00:00

FE ReportBusiness stalwarts have suggested that the government should encourage companies to invest in corporate social responsibility (CSR) initiatives by giving more tax incentives & expansion of areas for CSR coverage. The government may consider incentivizing CSR activities through tax...

Dhaka stocks rebound amid low turnover

2011-05-05 00:00:00

FE ReportThe Dhaka Stock Exchange (DSE) experienced Wednesday nearly a four-month low turnover though the market gained 107 points following the news about the 'Bangladesh Fund' getting the final nod from the securities regulator. The daily turnover plunged to nearly...

Cos' board meet*****

2011-05-05 00:00:00

A Republic Ins: A meeting of the board of directors of Republic Insurance Company Limited will be held on May 8, 2011 at 3:30pm to consider, among others, audited financial statements of the company for the year that ended on...

Zakir made board member of BAT Bangladesh****

2011-05-05 00:00:00

Mr Zakir Ibne Hai has been appointed as a Director in the Board of Directors of British American Tobacco Bangladesh Company Limited in a recent Board meeting of the company held in the city, said a press release. Mr Hai...

LTU tax collection target may face setback in Q4

2011-05-05 00:00:00

Doulot Akter MalaRevenue collections from top taxpayers might face a setback in the last quarter of the current fiscal as big corporate houses faced a blow after the recent stock market scam, officials said Wednesday. Banks are the major corporate...

32 police officers given new posting

2011-05-05 00:00:00

Thirty two police officers, ranking from Additional Superintendent of Police (ASP) to Superintendent of Police (SP), have been given new posting, reports UNB. The Ministry of Home Affairs Wednesday gave the new postings in a notification, according to the police...

Global Integrity report points out lack of progress in Bangladesh

2011-05-05 00:00:00

FE Report Very little progress has been made in shoring up Bangladesh's accountability and transparency institutions since 2008, a report released Wednesday by the US-based Global Integrity (GI) said. "An ombudsman agency focused on investigating a wide range of concerns,...

Govt rejects Santos-Oakland plea to explore blocks 17, 18

2011-05-05 00:00:00

M Azizur RahmanThe government has rejected a plea of Australian Santos and its partner US's Oakland to explore jointly two gas blocks and sell output to private buyers, officials said Wednesday. The energy ministry has informed Santos and Oakland officially...

India, Pakistan may enter wheat market: CWB

2011-05-05 00:00:00

NEW DELHI, Apr 29 (Commodity Online): A day after India and Pakistan restarted trade talks, both could be poised to test their wheat export records, signalling that nearly eight million tonnes in extra supplies could hit the market, according to...

Gold set for seventh weekly gain as dollar sags

2011-05-05 00:00:00

LONDON, Apr 29 (Reuters): Gold steadied Friday, just shy of fresh record highs and set for its seventh successive weekly gain, driven largely by the decline in the dollar to its lowest in nearly three years. The dollar fell to...

Myanmar, China to build rail link

2011-05-05 00:00:00

YANGON, Apr 28: Myanmar and China plan to build a railroad together that will link China's landlocked Yunnan province to a deep-sea port being built in Myanmar's Rakhine state. The state-run newspaper New Light of Myanmar reported Thursday the project...

weather

2011-05-05 00:00:00

Rain or thundershowers accompanied by temporary gusty or squally wind is likely at a few places over Dhaka, Barisal and Chittagong divisions and at one or two places over Khulna, Rajshahi, Rangpur and Sylhet divisions in next 24 hours till...

DCCI proposes tax reduction on cos listed with stock mkt******

2011-05-05 00:00:00

FE Report The country's leading chamber body Wednesday proposed to reduce tax rate on income of companies listed with stock market to 20 per cent from the existing 27.5 per cent aiming to revamp the capital market. The Dhaka Chamber...

Low-priced cigarettes: a potential source of higher revenue for NBR

2011-05-05 00:00:00

FE Report While the National Board of Revenue (NBR) burns midnight oil at the time of national budget formulation to find new sources of revenues, it has been ignoring, for reasons best known to it, a source -- low segment...

Govt plans to legalise trade union in RMG sector

2011-05-05 00:00:00

Jubair Hasan The government has moved to legalise trade union in the garment industry through removing all barriers in the Labour Law-2006, officials said. Some changes in the act have been worked out to remove mistrust between workers and owners...

Task force on energy management soon

2011-05-05 00:00:00

FE ReportThe government will soon form a taskforce on energy management and conservation aiming to ensure proper use of energy resources in industries and reduce systems loss, energy adviser to Prime Minister told a seminar Tuesday. "I call upon our...

Correction

2011-05-05 00:00:00

A report titled 'Apparel accessories exports could top $12b by 2018' in yesterday's issue of The Financial Express mentioned a wrong figure of taxes at source. The actual figure will be taxes at source from 0.50 to 0.25 per cent...

Indo-Bangla trade fair 2011 begins today

2011-05-05 00:00:00

The second Indo-Bangla Trade Fair 2011, organised by India-Bangladesh Chamber of Commerce and Industry and supported by High Commission of India in Dhaka, will begin at Pan Pacific Sonargaon today. The three-day fair is being managed by Triune Exhibition and...

Euro retail sales down 1.0pc in March: EU

2011-05-05 00:00:00

BRUSSELS, May 4: Consumers across Europe are shying away from shops, with a dramatic decline in retail sales in Portugal emerging from new data for March released by the EU on Wednesday. Retail trade across the 17-nation eurozone fell by...

Govt rejects Santos-Oakland plea to explore blocks 17, 18

2011-05-05 00:00:00

M Azizur RahmanThe government has rejected a plea of Australian Santos and its partner US's Oakland to explore jointly two gas blocks and sell output to private buyers, officials said Wednesday. The energy ministry has informed Santos and Oakland officially...

India, Pakistan may enter wheat market: CWB

2011-05-05 00:00:00

NEW DELHI, Apr 29 (Commodity Online): A day after India and Pakistan restarted trade talks, both could be poised to test their wheat export records, signalling that nearly eight million tonnes in extra supplies could hit the market, according to...

Gold set for seventh weekly gain as dollar sags

2011-05-05 00:00:00

LONDON, Apr 29 (Reuters): Gold steadied Friday, just shy of fresh record highs and set for its seventh successive weekly gain, driven largely by the decline in the dollar to its lowest in nearly three years. The dollar fell to...

Myanmar, China to build rail link

2011-05-05 00:00:00

YANGON, Apr 28: Myanmar and China plan to build a railroad together that will link China's landlocked Yunnan province to a deep-sea port being built in Myanmar's Rakhine state. The state-run newspaper New Light of Myanmar reported Thursday the project...

weather

2011-05-05 00:00:00

Rain or thundershowers accompanied by temporary gusty or squally wind is likely at a few places over Dhaka, Barisal and Chittagong divisions and at one or two places over Khulna, Rajshahi, Rangpur and Sylhet divisions in next 24 hours till...

'China to maintain full-year trade surplus in 2011'

2011-05-05 00:00:00

BEIJING, May 4 (Xinhua): A Chinese official Tuesday predicted that China would maintain a trade surplus in the whole year of 2011, though it recorded a small foreign trade deficit in the first quarter of the year. "China's foreign trade...

Fiat head plans to sell truck division******

2011-05-05 00:00:00

MILAN, May 4 (Reuters): Fiat chief Sergio Marchionne is planning to sell Fiat Industrial, the company's heavy vehicle division, in order to finance a merger with Chrysler, Italian daily La Repubblica reported Wednesday. The newspaper, which did not cite any...