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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
CANBERRA, May 4 (Xinhua): Australian federal government Wednesday formally approved Japanese-owned Chi-X to operate a separate securities exchange in Australia, to increase competition in financial services. Chi-X will be the first foreign-owned stock exchange in Australia, and the entry of...
ISLAMABAD, May 4 (Business Recorder): During Gilani's visit, Pakistan and France are likely to sign a joint declaration on security cooperation and economic partnership. This is Prime Minister Gilani's first official visit to France where he will meet President Nicholas...
COLOMBO, May 4 (LBO): Sri Lankan Airlines, the island's state-run national carrier is boosting its short haul fleet to more closely fit the needs of its regional routes, with four new Airbus A320 aircraft ordered on operating leases, an official...
LONDON, May 4 (AFP): Asia-focused banking group Standard Chartered said Wednesday it had made "an excellent start" to 2011 thanks to strong income growth. "Standard Chartered has enjoyed an excellent start to 2011," the British group's chief executive Peter Sands...
After three consecutive days of retracement the Benchmark General Index DGEN showed signs of reversal as the market gained 1.83%. News in the media that the BD Fund worth BDT 5000 crore will start investing in the market within a...
BERLIN, May 4 (AFP): German luxury car maker BMW announced Wednesday a four-fold increase in net profits for the first quarter and increased its sales forecast for the year. BMW said it made a net profit of 1.2 billion euros...
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...
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...
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...
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...
Badrul AhsanBangladesh could earn billions of taka by exporting fresh fruits, vegetables and allied products if cargo spaces are adequately maintained, exporters said. "We've the potential to emerge as a major exporter of fruits and vegetables. But air space shortage...
SINGAPORE, May 4 (AFP): Crude was mixed in afternoon Asian trade today because of slumping US demand, with the death of Osama bin Laden also helping temper prices, analysts said. New York's main contract, light sweet crude for delivery in...
BANGKOK, May 4 (Bloomberg): Increased rice supplies from Thailand, the biggest shipper, may help to boost global stockpiles and cap prices, the Food and Agriculture Organization said, mitigating record food costs that have pushed millions more into poverty. "There is...
SINGAPORE, May 4 (Bloomberg): Silver futures dropped, heading for the biggest three-day fall since March 2008, as an increase in margin requirements on the Comex in New York drove investors away. Gold also fell after a report that Soros Fund...
WASHINGTON, May 4 (AFP): Saudi Arabia is unlikely to boost oil production quickly to ease the rise of crude prices, because it needs high prices for its own increased spending, analysts at an international banking think tank said yesterday. After...
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