FE Report | 2011-03-16 00:00:00
FE ReportTwo state-owned commercial banks (SCBs), Sonali Bank Limited and Janata Bank Limited, in their board meeting Tuesday approved Tk 2.0 billion each for the proposed Tk 50 billion Bangladesh Fund (BF). Earlier, the Investment Corporation of Bangladesh (ICB), the...
Normal trading of the shares of Jamuna Bank Limited will resume today (Wednesday) after record date for EGM. Spot market trading Trading of the shares of Berger Paints Bangladesh Limited will be allowed only in the spot market and block/odd...
Asaduz Zaman, one of the sponsors of ONE Bank Limited, has expressed his willingness to sell 50,000 shares (bonus shares) out of his total holdings of 4,41,626 shares of the bank at prevailing market price through DSE within next 30...
FE Report | 2011-03-16 00:00:00
FE Report The central bank continued to provide foreign currency support to the commercial banks through selling of the US dollar to facilitate settlement of import bills, officials said. "We have sold US$3.0 million more at market rate to a...
Arafat Ara | 2011-03-16 00:00:00
Arafat AraExport earning from the handicraft sector may increase ten times by next five years with necessary policy support and patronisation from the government, a top industry leader said. Golam Ahsan, president of Bangladesh Handicrafts Manufacturers and Exporters Association, said...
FE Report | 2011-03-16 00:00:00
FE ReportThe government will impose tariff and non-tariff barriers on salt to discourage its import and protect the interest of local salt farmers, Industries Minister Dilip Barua said Tuesday. "We're self-sufficient in salt production and there is no need to...
Syful Islam | 2011-03-16 00:00:00
Syful Islam Bangladesh is interested to hold the joint trade commission (JTC) meeting with Myanmar sooner to boost imports from the Southeast Asian nation, which could ease Dhaka's commodity price, trade officials said. The government had earlier asked the commercial...
DUBAI, UAE - Emirates Airline is boosting its route to Manchester with the introduction of a third daily non-stop flight to cater for a continued growth in demand. With the introduction of the additional flight, Emirates will become the first...
FE Report | 2011-03-16 00:00:00
FE ReportBangladesh fetched Tk 18.60 billion by exporting 233,333 tonnes of jute products during the first eight months (July 2010 - February 2011) of this fiscal. The amount is 9.5 per cent higher than that of the corresponding period of...
Italian ambassador to Bangladesh Giorgio Guglielmino today said growing ties between his country and the business houses in the port city are essential considering its commercial importance. He was exchanging opinions with the directors of Chittagong Chamber of Commerce and...
German Finance Minister Wolfgang Schaeuble and EU economic affairs chief Olli Rehn urged Ireland Tuesday to be realistic and drop opposition to raising a corporate tax rate critics say is unfairly low. "If Ireland wants something additional from us, than...
FE Report | 2011-03-16 00:00:00
FE ReportSocial Islami Bank Limited (SIBL) Tuesday launched a special deposit product 'Shukher Thikana', specially designed for the female workers of the garments factories. However, other lower and mid-level income groups and people working in hazardous conditions may avail of...
HONG KONG, Mar 15 (AFP): Asian stocks slumped Tuesday with Tokyo shedding more than 10 per cent as Japan's nuclear crisis deepened after two more blasts and a fire at an atomic power plant. As rescue workers continued to search...
Mar 15, 2011 Overview: The DGEN went down by 2.17% to close at 6318.15 points. The total transaction was worth BDT 11.51 bn. Price of 63 Issues appreciated whereas 189 Issues declined and 2 others remained unchanged. Events: The benchmark...
NEW YORK, Mar 15 (AFP): Panic selling hit the US stock market Tuesday amid fears that a nuclear meltdown in quake-hit Japan could threaten the global economy. The Dow Jones Industrial Average fell around two percent in opening trade, losing...
FE Report | 2011-03-16 00:00:00
FE ReportBangladesh fetched Tk 18.60 billion by exporting 233,333 tonnes of jute products during the first eight months (July 2010 - February 2011) of this fiscal. The amount is 9.5 per cent higher than that of the corresponding period of...
Italian ambassador to Bangladesh Giorgio Guglielmino today said growing ties between his country and the business houses in the port city are essential considering its commercial importance. He was exchanging opinions with the directors of Chittagong Chamber of Commerce and...
German Finance Minister Wolfgang Schaeuble and EU economic affairs chief Olli Rehn urged Ireland Tuesday to be realistic and drop opposition to raising a corporate tax rate critics say is unfairly low. "If Ireland wants something additional from us, than...
TOKYO, Mar 15 (AP): Canned goods, batteries, bread and bottled water have vanished from store shelves and long lines of cars circle gas stations, as Japan grapples with a new risk set off by last week's earthquake, tsunami and ensuing...
NEW DELHI, Mar 15 (IANS): Finnish mobile handset maker Nokia Monday launched in the Indian market its much talked about touch-and-type business smartphone - Nokia E7 - equipped with a four-inch touchscreen display and a slide-out four-row QWERTY keyboard. "Consumers...
MUMBAI, Mar 15 (PTI): Transactions worth Rs 69.35 billion were carried out in the country through credit cards in January, 2011, growth of 27.82 per cent from that in the same period last year. Credit card transactions during January, 2010...
NEW DELHI, Mar 15 (PTI): Maruti Suzuki India (MSI) today rolled out its 10 millionth car from its Gurgaon plant, thus joining a select club of global car makers to achieve the feat. The company, which started operations in 1983...
BEIJING, Mar 15 (Xinhua): Foreign direct investment (FDI) into China accelerated by 32.2 per cent year on year to 7.8 billion US dollars in February, the ministry of commerce (MoC) said Tuesday. The February FDI inflow was less than January's...
MUMBAI, Mar 15 (Reuters): Tata Motors Ltd said Tuesday its global vehicle sales rose 14 per cent in February to 102,411 units. Jaguar and Land Rover sales rose 26 per cent to 21,653 units, driven by a 33-per cent rise...
WASHINGTON, Mar 15 (PTI): The United States Monday hoped that some of the key elements of an ambitious Trans-Pacific trade deal would be in place before the Asia-Pacific Economic Cooperation (APEC) summit in November. "We hope to develop a number...
MUMBAI, Mar 15 (Business Standard): Indian consumer durable retailers see no supply constraints due to Japan's earthquake and tsunami that hit the north of the country last Friday. Most key retailers like Next, e-zone, Croma and Reliance Digital have no...
COLOMBO, Mar 15 (LBO): Sri Lanka's tourist arrivals rose 14.8 per cent to 65,797 in February 2011 from a year earlier, though visitors from key generating markets in the United Kingdom and Germany dropped. February arrivals were also lower than...
KUALA LUMPUR, Mar 15 (Commodity Online): The disaster in northeast Japan on March 11 and subsequent nuclear plant meltdowns and explosions will not have significant impact on rubber demand from the country, said a press release from Association of Natural...
MUMBAI, Mar 15 (livemint): Gold edged lower Tuesday afternoon following weak overseas leads, though a weaker rupee kept the lid on prices, with traders awaiting bigger falls to stock up for wedding season, analysts said. "There have been no deals...
MUMBAI, Mar 15 (Commodity Online): The world's largest gold backed exchange traded fund, SPDR gold trust said its holding fell to 1,213.655 tonnes against the previous stock of 1,215.475 tonnes seen on Mar 11. The world's largest silver backed exchange...
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