FE ReportFinance Minister AMA Muhith has said the upcoming fiscal budget will have special focus on women's economic empowerment. He said the government is actively considering giving special focus on gender budget as it has received enthusiasm in all related...
FE ReportSustainable development and food security of the ultra poor can be ensured if their skills can be developed through training, said experts at a programme Thursday. They also said quality of life of the ultra poor can be improved...
TOKYO, Apr 21 (AFP): The impact of last month's devastating quake-tsunami disaster will slash Japan's economic growth to 0.8 per cent this year, the OECD said Thursday, halving its earlier forecast of 1.7 per cent. But massive government and business...
RAJSHAHI, Apr 21 (BSS): The Commissionerate of Customs, Excise and VAT earned revenue of Tk 5.29 billion from the country's northwestern region during the first nine months of the current fiscal. Officials said the revenue collection from the internal sources...
DUBAI, Apr 21 (AFP): PepsiCo has signed a deal with the Dubai-based Alokozay Group to set up a $60 million bottling plant in Kabul, Afghanistan, the company said in a statement Thursday. PepsiCo "signed an Exclusive Bottling Appointment (EBA) with...
GENEVA, Apr 21 (AFP): Getting a global free trade deal agreed in 2011 is in serious doubt as developed nations and emerging giants are locked in disagreements over industrial tariff cuts, the WTO head warned Thursday. "My frank assessment is...
Qubee doubles internet speed Qubee, a broadband internet service provider through WiMAX technology, has doubled its internet speed. However, it would not charge any extra fee for that. The company made the declaration at a press conference at a city...
Our CorrespondentCHITTAGONG, April 21: The BGMEA Chittagong region today opened its Mahabub Ali Hall at the BGMEA Bhaban at South Khulsi of the port city. President of the association of garments manufacturers and exporters Shafiul Islam Mohiuddin inaugurated the hall...
NOAKHALI, Apr 21 (UNB): A young housewife was strangled to death by her husband over dowry at Harinarainpur village in Sadar Upazila near the town Wednesday evening. The deceased was identified as Amena Begum (20), daughter of Abdul Mannan of...
BERLIN, April 21 (AFP): Business confidence in Germany suffered a second monthly fall in a row, the closely watched Ifo indicator showed Thursday, but the setback was roughly in line with analysts' expectations. The Ifo index of business sentiment fell...
NEW DELHI, April 21 (PTI): Tata Motors is "at a very high stage" in finalising a production site for its small car Nano at an overseas location, which could be either in Latin America, South East Asia or Africa. A...
MUMBAI, April 21 (Business Recorder): Hindustan Zinc has posted a 43-per cent jump in its net profit at Rs 17.71 billion for the quarter ended March 31, 2011 as compared to the same period a year ago. Its net sales...
NEW YORK, April 21 (APP): Finance Minister Dr Abdul Hafeez Shaikh met with top American corporate leaders and investors and invited them to avail tremendous business opportunities that a host of economic sector's offer in Pakistan. Shaikh, who travelled to...
BEIJING, April 21 (Xinhua): China's consumer confidence index rose in the first three months of 2011 after two consecutive quarterly declines last year, an agency affiliated with China's statistics bureau said Thursday. The index stood at 108 for the first...
COLOMBO, April 21 (LBO): Sri Lanka Ports Authority (SLPA), which runs the island's ports, increased revenue and operating profit in 2010 on the back of the global economic recovery which generated double-digit growth in cargo flows. The SLPA's operating profit...
NEW YORK, April 21 (AP): General Electric Company said Thursday that earnings jumped 77 per cent in the first quarter, led by strong results in its financial services business. The company's lending arm, GE Capital, has experienced big profit increases...
ROME, April 21 (AFP): Italian auto giant Fiat said Thursday it had reached a deal to buy an additional 16 per cent stake in Chrysler of the United States for $1.268 billion (868 million euros). "The transaction that we are...
TOKYO, April 21 (AP): The Organisation for Economic Cooperation and Development (OECD) is recommending that Japan as much as quadruple its sales tax rate to deal with a crushing deficit that's bound to grow as it spends on reconstruction from...
Events: After five days of downtrend the Benchmark General Index DGEN reversed to post gain of 0.98% on the last day of trade this week. The Index at 6100 level was tested twice recently from where it bounced back and...
NEW YORK, Apr 21 (Business Recorder): US cotton futures tumbled again Wednesday, with most of the decline in nearby contracts attributed to switches ahead of first notice day, and some brokers said negative technical charts and ample supplies anticipated in...
LONDON, Apr 21 (AFP): Gold prices hit record highs for a fifth session Thursday and silver rallied to its strongest since 1980 as the dollar slid to a three-year low against a basket of major currencies and oil prices rallied....
NEW DELHI, Apr 21 (Commodity Online): India, world's second largest wheat producer remained in dilemma over whether to allow wheat exports or not as the country is caught up between huge buffer stocks of the commodity and inflation worries. India's...
LONDON, Apr 21 (Reuters): BP Plc has filed a lawsuit against Halliburton, the company that cemented the blown-out well which caused the Gulf of Mexico oil spill, a day after claiming $40 billion (24 billion pounds) from rig owner Transocean....
BEIJING, Apr 21 (Business Recorder): Commercial stocks of crude oil in China rose two per cent in March from the previous month while stocks of gasoline, diesel and kerosene fell eight per cent, the first decline in 5 months. The...
NEW DELHI, Apr 21 (Business Standard): Reversing a three-week declining trend, food inflation shot up to 8.74 per cent for the week ended April 9 from 8.28 per cent in the previous week on account of expensive fruits, protein-based items...
LONDON, Apr 21 (Bloomberg): UK retail sales unexpectedly rose in March as the biggest jump in spending on food in 10 months outweighed a decline at other shops. Sales rose 0.2 per cent from February, when they dropped 0.9 per...
NEW MEXICO, Apr 21 (Commodity Online): Rising need for alternate fuels due to sky high petroleum prices have resulted in an anomaly where Chevron group has decided to evaluate economic viability of emerging concentrating solar photovoltaic (CPV) technology. Chevron, with...
TOKYO, April 21 (AP): The Organisation for Economic Cooperation and Development (OECD) is recommending that Japan as much as quadruple its sales tax rate to deal with a crushing deficit that's bound to grow as it spends on reconstruction from...
Events: After five days of downtrend the Benchmark General Index DGEN reversed to post gain of 0.98% on the last day of trade this week. The Index at 6100 level was tested twice recently from where it bounced back and...
SEOUL, April 21 (AFP): South Korean officials trying to check the local currency's rise will inspect foreign exchange transactions at banks to see whether they comply with rules on derivatives, officials said Thursday. The central Bank of Korea and the...
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