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China raises rates to combat inflation

2011-04-06 00:00:00

China raised interest rates for the fourth time since the end of the global financial crisis to restrain inflation and limit the risk of asset bubbles in the fastest-growing major economy. The benchmark one-year lending rate will increase to 6.31...

Barua warns against ploy to destroy shipbuilding

FE Report | 2011-04-06 00:00:00

FE ReportThe government will not allow any vested group's attempts to destroy the potential and flourishing shipbuilding industry in the name of protecting environment, Industries Minister Dilip Barua said Tuesday. "We will not allow any conspiracy by any vested group...

Cos' board meet

2011-04-06 00:00:00

Bangladesh Industrial Finance: A meeting of the board of directors of Bangladesh Industrial Finance Company Limited will be held on April 17, 2011 at 3:30pm to consider, among others, audited financial statements of the company for the year that ended...

Jamuna Bank's record date today

2011-04-06 00:00:00

Trading of the shares of Jamuna Bank Limited will remain suspended on record date today (Wednesday).

People Ins on spot trading

2011-04-06 00:00:00

Trading of the shares of Peoples Insurance will be allowed only in the spot market and block/odd lot transactions will also be settled as per spot settlement cycle with cum benefit from today (Wednesday) to Sunday (April 10). Trading of...

Corporate Watch

Axiata CEO in city | 2011-04-06 00:00:00

Axiata CEO in city President and Group CEO of Axiata Group Berhad Dato Sri Jamaludin Ibrahim arrived Dhaka Tuesday night on a day visit. During his stay in the capital, the CEO of Asia's largest mobile telecommunications group will meet...

Offer to sell shares

2011-04-06 00:00:00

Maksons Spinning: Makcot International, one of the corporate sponsors/directors of Maksons Spinning Mills Limited, has expressed its willingness to sell 16,00,000 shares out of its total holdings of 38,50,000 shares of the company at prevailing market price through stock exchange...

China becoming the Pacific's 'banker'

2011-04-06 00:00:00

SYDNEY, April 5 (AFP): China is boosting its influence in the Pacific through a secretive foreign aid programme offering "soft loans" that many nations will struggle to repay, a foreign policy thinktank said Tuesday. The loans amounted to a significant...

Yamaha to launch scooter in India next year

2011-04-06 00:00:00

NEW DELHI, April 5 (PTI): Japanese two-wheeler major Yamaha plans to foray into the Indian scooter market by next year and will set up a separate body assembly line at its Surajpur plant in Uttar Pradesh for this purpose. The...

EU, US agree on principles to promote trade in ICT services

2011-04-06 00:00:00

BRUSSELS, April 5 (Xinhua): The European Union (EU) and the United States Monday agreed on 10 principles to promote trade in information and communication technology (ICT) services worldwide. The two sides promised to promote principles such as transparency of rules...

Asian Tiger Capital Partners market update on DSE

Events: | 2011-04-06 00:00:00

Events:After four days of consecutive rally the Benchmark General Index DGEN experienced retracement to end 1.22% in the red. Profit taking by active traders along with cautiousness before investigation committees' report on the share market scam is submitted to the...

SME Foundation trains entrepreneurs in ICT

FE Report | 2011-04-06 00:00:00

FE ReportThe state-owned SME facilitator launched a fresh programme to make the country's small and medium entrepreneurs aware of market related information and use of technology. Under the programme, The SME Foundation organised a training course titled 'Information and Communication...

China raises rates to combat inflation

2011-04-06 00:00:00

China raised interest rates for the fourth time since the end of the global financial crisis to restrain inflation and limit the risk of asset bubbles in the fastest-growing major economy. The benchmark one-year lending rate will increase to 6.31...

Barua warns against ploy to destroy shipbuilding

FE Report | 2011-04-06 00:00:00

FE ReportThe government will not allow any vested group's attempts to destroy the potential and flourishing shipbuilding industry in the name of protecting environment, Industries Minister Dilip Barua said Tuesday. "We will not allow any conspiracy by any vested group...

Cos' board meet

2011-04-06 00:00:00

Bangladesh Industrial Finance: A meeting of the board of directors of Bangladesh Industrial Finance Company Limited will be held on April 17, 2011 at 3:30pm to consider, among others, audited financial statements of the company for the year that ended...

Jamuna Bank's record date today

2011-04-06 00:00:00

Trading of the shares of Jamuna Bank Limited will remain suspended on record date today (Wednesday).

People Ins on spot trading

2011-04-06 00:00:00

Trading of the shares of Peoples Insurance will be allowed only in the spot market and block/odd lot transactions will also be settled as per spot settlement cycle with cum benefit from today (Wednesday) to Sunday (April 10). Trading of...

Corporate Watch

Axiata CEO in city | 2011-04-06 00:00:00

Axiata CEO in city President and Group CEO of Axiata Group Berhad Dato Sri Jamaludin Ibrahim arrived Dhaka Tuesday night on a day visit. During his stay in the capital, the CEO of Asia's largest mobile telecommunications group will meet...

Offer to sell shares

2011-04-06 00:00:00

Maksons Spinning: Makcot International, one of the corporate sponsors/directors of Maksons Spinning Mills Limited, has expressed its willingness to sell 16,00,000 shares out of its total holdings of 38,50,000 shares of the company at prevailing market price through stock exchange...

Eurozone economic activity survey gives mixed signals

2011-04-06 00:00:00

BRUSSELS, April 5 (AFP): A closely-watched survey indicating the pace of growth across the eurozone logged a 43-month high for the services sector in March, upwardly-revised EU data showed Tuesday. The composite eurozone index for manufacturing and services output compiled...

Ambani questioned in telecom scam

2011-04-06 00:00:00

NEW DELHI, April 5 (AFP): Indian billionaire Anil Ambani was called before a powerful parliamentary committee Tuesday for what promised to be an uncomfortable hearing into a multi-billion-dollar telecom fraud. Ambani, who heads Reliance ADA, was set to give "oral...

Hyundai Motor plans roll out of plug-in hybrid in 2013

2011-04-06 00:00:00

SEOUL, April 5 (Reuters): Hyundai Motor Company, the world's fifth-biggest automaker along with affiliate Kia Motors Corp, plans to mass produce a plug-in hybrid version of its Sonata sedan in 2013, a media report said Monday. Hyundai had completed development...

Honda cuts output in Philippines

2011-04-06 00:00:00

MANILA, April 5 (The Economic Times): The Philippine unit of Honda Motor Company Limited said it plans to reduce production volume by 50 per cent from this month, due to a spare parts shortage following disruption caused by the March...

Times Group looking to sell UK radio unit

2011-04-06 00:00:00

MUMBAI, April 5 (livemint): Bennett, Coleman and Company Limited (BCCL), which acquired UK-based Virgin Radio Holdings Limited in June 2008 for £53.2 million, is considering the sale of the radio company, according to two people with direct knowledge of the...

Australia rejects Singapore exchange takeover bid

2011-04-06 00:00:00

SYDNEY, April 5 (AP): Australia signalled strongly Tuesday that it would reject the Singapore stock exchange's $8.3 billion takeover bid for the Australian bourse, saying the deal is not in the national interest. Singapore Exchange Ltd said Tuesday that Australia's...

Barua warns against ploy to destroy shipbuilding

FE Report | 2011-04-06 00:00:00

FE ReportThe government will not allow any vested group's attempts to destroy the potential and flourishing shipbuilding industry in the name of protecting environment, Industries Minister Dilip Barua said Tuesday. "We will not allow any conspiracy by any vested group...

Cos' board meet

2011-04-06 00:00:00

Bangladesh Industrial Finance: A meeting of the board of directors of Bangladesh Industrial Finance Company Limited will be held on April 17, 2011 at 3:30pm to consider, among others, audited financial statements of the company for the year that ended...

Jamuna Bank's record date today

2011-04-06 00:00:00

Trading of the shares of Jamuna Bank Limited will remain suspended on record date today (Wednesday).

People Ins on spot trading

2011-04-06 00:00:00

Trading of the shares of Peoples Insurance will be allowed only in the spot market and block/odd lot transactions will also be settled as per spot settlement cycle with cum benefit from today (Wednesday) to Sunday (April 10). Trading of...

Corporate Watch

Axiata CEO in city | 2011-04-06 00:00:00

Axiata CEO in city President and Group CEO of Axiata Group Berhad Dato Sri Jamaludin Ibrahim arrived Dhaka Tuesday night on a day visit. During his stay in the capital, the CEO of Asia's largest mobile telecommunications group will meet...