The board of directors of Dhaka Stock Exchange (DSE) decides MI Cement listing issue today (Tuesday). Sources in the DSE said Monday, the board will sit today only to discuss the latest compensation proposal offered by MI Cement authority for...
Country's GDP (gross domestic product) growth is currently maintaining a healthy trend despite rising inflation that stood at 8.36 per cent in March this year, reports UNB. The actual GDP growth will be very close to 7.0 per cent in...
M Azizur RahmanAustralian oil company Santos' plea for amendment of a deal, allowing the firm to sell gas to private buyers at higher prices, is now awaiting final nod from the Prime Minister, said officials. The proposal received the law...
At least 81 shanties were gutted by a devastating fire that broke out at a slum in the capital's Kallyanpur area Sunday night, firefighters said. The fire originated from an oven at Pora Basti (slum) at about 8:10pm and rapidly...
PATTANI, Apr 30: Thai police say twin attacks blamed by suspected Muslim militants have killed two soldiers and wounded nine others in southern Thailand. Pol. Lt. Gen. Kritsanapong Paetsit says a group of at least five insurgents set off a...
KHULNA, Apr 30 (UNB) : A journalist and his brother were critically injured by a gang of miscreants at Godaipur village in Paikgachha Upazila Friday night. The victims were identified as FMA Razzak, editor of local fortnightly 'Gonomichhil' and former...
Iraqi Prime Minister (PM) Nouri al-Maliki made a brief stopover at Hazrat Shahjalal International Airport (HSIA) in the city Saturday on his way home from South Korea. Minister for Industries Dilip Barua received the Iraqi PM as he arrived for...
A four-member delegation headed by Finance Minister AMA Muhith will leave Dhaka for Hanoi today (Sunday) to take part in the 44th Board of Governors Meeting of the Asian Development Bank (ADB) to be held in the Vietnamese capital on...
In the wake of rising inflationary pressures that largely hurt the country's poor and middle-class, a renowned economist thinks that the Bangladesh Bank efforts to rein inflation will not going to bring results soon, reports UNB. "Anti-inflationary monetary policy is...
FE Report A chamber body has called upon the government to immediately launch oil, gas, and coal exploration through open competitive and most transparent bidding, where BAPEX could also participate. "If we really desire to become a middle income country,...
Syful IslamThe Bangladesh Shipping Corporation (BSC) likely to incur significant loss this fiscal year due to the oil price hike in the international market and reduction in cargo handling globally, a senior official said Monday. "The price hike of oil...
Md Mazadul HoqueThe government is set to reopen eight closed mills under Bangladesh Textiles Mills Corporation (BTMC) at a cost of Tk 2.8 billion to bump up yarn production, said a high official of the corporation. Ahmed Bawany Textile Mills...
The fourth annual general meeting (AGM) of Agrani Bank Limited was held at a city hotel recently, said a press statement. Chairman of the bank Dr Khondoker Bazlul Hoque attended the programme as the chief guest, while members of the...
CHITTAGONG, May 2: The Chittagong environment office has stopped work at two housing projects at Khulsi and arrested two persons for hill cutting today. Director (Enforcement) of the Directorate of Environment magistrate Munir Chowdhury led the drive against hill cutting...
Local media reports have quoted the vice chairman of the Vietnam Food Association (VFA), Pham Van Bay, as confirming that China has stepped up rice buying from Vietnam, having signed contracts for up to 200,000 MT so far this year,...
Fiji's Agriculture Permanent Secretary Colonel Mason Smith has expressed confidence that their enhanced efforts will ensure that Fiji can slowly move away from importing rice and start producing its own rice in the near future. Colonel Smith said that Fiji...
TOKYO, May 2 (AFP): Japan's domestic sales of new cars, trucks and buses logged their biggest-ever drop in April, an industry group said Monday as the March quake and tsunami hit production and supplies to dealers. The sales came to...
KARACHI, May 2 (APP): Trade Development Authority of Pakistan (TDAP) will form sector-specific committees, led by the private sector to identify barriers in the Pakistan-India bilateral trade. This was decided at a meeting chaired by Secretary Commerce Zafar Mahmood at...
NEW DELHI, May 2 (Reuters): India's exports surged to record high growth of 37.6 per cent in the fiscal year 201011, the government said in a statement Monday, as demand soared for engineering goods, oil products and gems manufactured in...
The Benchmark General Index DGEN retraced back by 0.98% on the first trading day of the new week. Banking sector acted as the savior for the market as positive movement in this sector saved the Index from experiencing a much...
DETROIT, May 2 (AP): Chrysler has turned its first profit since leaving bankruptcy two years ago. The company reported first-quarter net income of $116 million and revenues of $13.1 billion Monday. The profit is a milestone in Chrysler's long road...
NANJING, May 2 (Xinhua): Amazon.com, Inc, a US-based e-commerce operator, will establish its eighth logistics base in east China's Jiangsu Province, local authorities said Monday. The 100,000-square-metre base is located in the Kunshan Huaqiao Economic Development Zone in the city...
NEW DELHI, May 2 (PTI): The country's second largest carmaker Hyundai Motor India today reported marginal increase in its total sales for April at 52,058 units. The company had sold 52,020 units in the year-ago period, Hyundai Motor India Ltd...
Fiji's Agriculture Permanent Secretary Colonel Mason Smith has expressed confidence that their enhanced efforts will ensure that Fiji can slowly move away from importing rice and start producing its own rice in the near future. Colonel Smith said that Fiji...
Talha Bin HabibThe government is planning to bring all the seaports under a single authority to develop the ports and gear up their activities, officials said. The Parliamentary Standing Committee on the Ministry of Shipping has urged the ministry concerned...
NEW DELHI, May 2 (Commodity Online): Silver demand in China and India is set to rise 30 per cent in 2011. Silver prices for July delivery surged $1.058, or 2.2 per cent, to $48.599 an ounce. Silver prices have risen...
NEW DELHI, May 2 (Commodity Online): World's second largest rice and wheat producer, India remained silent on its entry into global wheat market while its neighbor Pakistan is set to take full advantage of the situation. Analysts said Pakistan is...
SINGAPORE, May 2 (AFP): Oil eased in Asian trade Monday ahead of the release of a slew of key US economic data, analysts said. The death of Al-Qaeda Chief Osama bin Laden, who was killed Sunday in a firefight with...
MUMBAI, May 2 (Business Standard): Even as gold prices ruled high, jewellers are expecting business to grow by up to 40 per cent during Akshaya Tritiya, a festival considered auspicious for buying the metal, on increased consumer confidence, market experts...
NEW YORK, May 2 (Bloomberg): Arch Coal Inc agreed to buy International Coal Group Inc for $14.60 a share in an all-cash transaction valued at $3.4 billion to become the second-largest US metallurgical coal producer. Arch expects pro forma metallurgical...
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