NARAYANGANJ, Mar 20 (BSS): Prime Minister Sheikh Hasina said her government has been making relentless efforts to increase the country's electricity generation aimed at encouraging foreign investors and resolving the nagging power crisis. The Prime Minister (PM) said this after...
FE Report | 2011-03-21 00:00:00
FE ReportFinance minister AMA Muhith Sunday contested an Asian Development Bank (ADB) study that excluded Bangladesh from the list of top drivers of growth in the continent by 2050. In a study, the ADB said the countries such as China,...
FE Report | 2011-03-21 00:00:00
FE ReportThe election of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) was held peacefully Sunday with the Forum Panel boycotting the polls. "Out of total 3,028 voters some 1,743 cast their votes to elect 27 directors of the country's...
Bashundhara Group chairman Ahmed Akbar Sobhan alias Shah Alam was Sunday sent to prison in tax dodging case, when he surrendered to the court from hideout for about three years, reports UNB. He was convicted and awarded rigorous imprisonment (RI)...
Mahmudur Rahman | 2011-03-21 00:00:00
Mahmudur RahmanThere is a similarity of sorts between what's happening in Japan and Bangladesh as far as the stock-market is concerned. The Japanese have pumped in close to $ 70 billion to ensure the Nikkei does not collapse in the...
KAMAISHI, March 20 (Agencies): Workers were close to restoring power to a nuclear plant's overheating reactors Sunday as the toll of dead or missing from Japan's worst natural disaster in nearly a century neared 21,000. Police in Japan say 15,000...
Mercantile Bank Limited has launched Off Shore Banking services from its Gulshan and Chittagong EPZ (export processing zone) branches. Chairman of the bank Md Abdul Jalil MP inaugurated the services as the chief guest in the city Sunday, said a...
RIYADH, Mar 20: Saudi stocks rose sharply at the start of trading on Sunday, in the stock market's first session since King bdullah ordered unprecedented economic benefits worth around $100 billion. dawul All-Shares Index (TASI) gained 5.6 per cent just...
Nazmul Ahsan | 2011-03-21 00:00:00
Nazmul AhsanFinance Minister AMA Muhith has backed the move to empower the securities regulator for issuing bank search orders against any suspected listed companies or individual investors, but underlined a broad base consensus with stakeholders before a final decision to...
FE Report | 2011-03-21 00:00:00
FE ReportDue to heavy buy pressure from the institutional and small investors after nearly two and half months, Dhaka Stock Exchange (DSE) turnover, in value terms, crossed Tk 15 billion mark Sunday. The total turnover of the first trading session...
At least 20 shops were gutted in a fire which broke out at two markets in the Haor area of Mithamoin Upazila of Kishoreganj Saturday. Local sources said, the fire originated from the burning mosquito coil at a shop and...
RAB members arrested drug peddler along with huge quantity of phensidyl in Dhulivita area on Dhaka-Aricha highway in Dhamrai Upazila early Saturday. The arrested was identified as Munna (35) of Jessore district. Acting on information, a team of RAB-4 conducted...
KUALA LUMPUR, Mar 19 (Xinhua): Malaysia's largest sushi restaurant chain -- Sushi Kin announced Friday that it has temporarily stopped importing raw food from Japan for fear over possible radioactive contamination. The company's CEO Fumihiko Konishi said the company wanted...
BRUSSELS, Mar 19 (Xinhua): The trade deficit of the 17-member eurozone widened to 14.8 billion euros (20.5 billion US dollars) in January, the European Union's statistics office Eurostat said Friday. The bloc saw a trade deficit of 0.5 billion euros...
HAMILTON, New Zealand, Mar 19 (IANS): India and New Zealand have seen a steady growth in bilateral trade, mostly in the tourism and education sectors, with business between the two countries reaching nearly $870 million in the past two years....
NEW YORK, Mar 19 (Reuters): Bailed-out insurer American International Group (AIG) said it would post an estimated $1 billion in pre-tax catastrophe losses in the first quarter, mostly from exposure to the March 11 earthquake in Japan. AIG said its...
ISLAMABAD, Mar 19 (APP): Pakistan and Bhutan Saturday expressed resolve to further strengthen ties in all spheres, with a particular focus on trade and tourism. Prime Minister Syed Yousuf Raza Gilani and his Bhutanese counterpart Lyonchhen Jigmi Y Thinley in...
SEOUL, Mar 19 (AFP): South Korea's largest automaker, Hyundai Motor Co, has recalled 190,000 cars with faulty airbags in the United States, a news agency report said Saturday. Hyundai recalled 190,000 Elantra passenger cars sold between 2006 and 2008 in...
DUBAI, Mar 19 (Reuters): The UAE telecom firm Etisalat said Saturday it would no longer pursue a deal to buy a controlling stake in Kuwaiti telecom rival Zain. Etisalat said it had ended discussions with a unit of Zain major...
NEW DELHI, Mar 19 (Economic Times): Handset maker Nokia is the latest to join the mobile money transfer bandwagon in India. The cellphone maker along with Union Bank of India launched a mobile-to-mobile cash transfer service called Union Bank Money...
TOKYO, Mar 19 (Reuters): The Japanese government plans to dedicate up to 10 trillion yen ($127 billion) in crisis lending to businesses to help them finance day-to-day operations and repair damage from last week's deadly earthquake and tsunami, the Nikkei...
MANAMA/DUBAI, Mar 19 (Kuwait Times): The Bahrain dinar fell to a multi-year low in the forwards market yesterday and the central bank was forced to move to an alternate location after a security crackdown on protesters closed the commercial district....
Terokhada thana Chhatra League General Secretary Imran Fakir was killed and other 20 persons were injured in a clash between two supporters of Terokhada Sadar Union Parishad Chairman candidates Saturday morning. Police and local source said that a clash was...
An octogenarian man, who was stabbed by a miscreant Wednesday at Borodesh village in Kanaighat Upazila of Sylhet died at OMCH .The deceased was identified as Juaid Ali (78), son of late Mobashir Ali of the village.Police said Fahad, son...
At least 10 people were injured in a clash between two groups of villagers at Mohishkundi Paschimpara village in Doulatpur Upazila Friday. Witnesses said an altercation ensued between Rezaul Islam and Bhangon. Ali of the village over a trifling matter...
Police in a drive arrested a young man along with a country made pistol from Doulatdia launch ghat of Rajbari road early Saturday. The arrestee was identified as Khorshed Alam (20), son of Shaheb Ali of Korollachari village in Matiranga...
At least 20 shops were gutted in a fire which broke out at two markets in the Haor area of Mithamoin Upazila of Kishoreganj Saturday. Local sources said, the fire originated from the burning mosquito coil at a shop and...
RAB members arrested drug peddler along with huge quantity of phensidyl in Dhulivita area on Dhaka-Aricha highway in Dhamrai Upazila early Saturday. The arrested was identified as Munna (35) of Jessore district. Acting on information, a team of RAB-4 conducted...
LONDON, Mar 19 (BBC): Details are emerging of manufacturers facing disruption to their supply chain due to the earthquake in Japan. Apple may be unable to source parts for its new iPad 2, a report suggests. Sony Ericsson has already...
SHANGHAI, Mar 19 (AFP): China's efforts to cool its red-hot real estate market showed signs of working in February, as government data Friday showed more cities seeing a fall in house prices from the previous month. The figures could mean...
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