FE ReportA Titas gas well producing 20 million cubic feet a day (mmcfd) was shut down Monday morning after water entered into the structure, which has caused a further supply crunch across the country, officials said. Bangladesh Gas Fields Company...
FE Report Local commercial banks will be able to charge a fee of not more than 1.5 per cent annually for issuing any guarantee to local shipbuilders for receiving any advance from a ship importer abroad, officials said Monday."We've taken...
Prime Minister Sheikh Hasina flies to Kolkata today (Tuesday) morning by an air-force plane to pay her last respects to legendary communist leader and former West Bengal Chief Minister Jyoti Basu, reports UNB.The Prime Minister is likely to be accompanied...
FE ReportBoth public and private sectors should increase their investments in the agriculture sector to avert recurrence of another food crisis in Asia and the Pacific regions, speakers from the region said Monday. They made the call at a meeting...
Open Market Sale (OMS) of rice restarts today (Wednesday) at the rate of Tk 22 per kilogram in four labour-intensive districts, including Dhaka, as an interventional measure to stem an upturn in the market prices, reports UNB. The other three...
State-owned Petrobangla tried their best to make the officials of US-based international company understand the “changed scenario with neighbouring India” as regards to international maritime boundary, reports UNB.Petrobangla officials explained Bangladesh’s “new position” on maritime boundary in the negotiation with...
It is quite natural that all attention of the nation is now focused on the outcome of Prime Minister Sheikh Hasina's recently-concluded visit to India. The Prime Minister strongly defended achievements of her visit at a press conference she held...
Shamsul Huq Zahid While politicians and the media are shifting their focus from one issue to another, the latest being the Bangladesh-India relations, the food-led inflation has been gaining strength with the government remaining more or less an onlooker. The...
Md. Ashraf HossainIN Bangladesh patients often complain that they do not get proper medical treatment. They say that doctors charge high fees and prescribe unnecessary medical tests. A top bureaucrat gets Tk 45,000.00 a month. In addition to his pay...
My cousin inherited one apartment five years back. As a law-abiding citizen retiring from a non-pension job, he filed income tax return engaging a lawyer of income tax. It took a year to settle the issue while he received dozens...
The huge trade gap existing between India and Bangladesh has more to do with the differing nature of economies of both countries. It is not really because of any hostile or restrictive policy followed by India. Bangladesh is dependent on...
A school teacher, I invest in the stock market for supplementing my income.The recent fall in the value of Mutual Funds cost me dearly.I bought the Mutual Funds in November on rumours that the court had allowed issuance of right...
Faruq A SiddiqiBangladesh capital market has been witnessing an impressive growth since 2007. During this period, daily turnover has increased from about Tk. 300 million to Tk 10 billion. Growth of market capitalisation is just about five hundred per cent....
Shihab AhmedTHE government has been footdragging in making a noise pollution control law. A draft law, stipulating a fine of Taka 10,000 and a maximum imprisonment of six months for producing noise higher than the permissible limits, awaits approval. The...
SHANGHAI, Jan 17 (Reuters): Google Inc enters a second week of high stakes brinkmanship with China's government, amid speculation the firm has decided to pull out of the world's biggest Internet market over cyber-spying concerns.Google, the world's most popular search...
NEW YORK, Jan 17 (Bloomberg): US stocks fell, pulling the Standard & Poor's 500 Index down from a 15-month high, after profits at Alcoa Inc. and JPMorgan Chase & Co. disappointed investors and China took actions to slow economic growth....
MUMBAI, Jan 17 (Economic Times): In lacklustre trade last week, six out of top 10 companies added Rs 651.41 billion to their total market capitalisation. The country's largest iron ore producer, NMDC, was the biggest gainer among the top 10...
TOKYO, Jan 17 (Reuters): Mazda Motor Corp and Ford Motor Co will dissolve their joint venture in China by 2012, a move that would further weaken the tie between the two automakers, Japan's Nikkei business daily reported Sunday.Mazda, Ford and...
KARACHI, Jan 17 (Business Recorder): Healthy buying both by local and foreign investors was witnessed at the Karachi share market Friday and the index surged by 120.69 points to close at 17-month high level of 9,923.14 points. "Both local and...
HELSINKI, Jan 17 (Reuters): Nokia said it would defend itself vigorously against Apple's new complaint to the United States International Trade Commission.The two phone giants are in the midst of a major legal battle, which started last October when Nokia...
MUMBAI, Jan 17 (Economic Times): India's stock market regulator - the Securities and Exchange Board of India, or Sebi - Friday issued a show-cause notice to foreign institutional investor Societe Generale (SocGen) and barred it from issuing new participatory notes...
NEW DELHI, Jan 17 (Commodity Online): India plans to install 20 million solar lights and 20 million square meters of solar thermal panels to generate 20,000 megawatts by 2022 as part of its National Solar Mission, formally launched by Prime...
BEIJING, Jan 17 (Commodity Online): Right from the beginning of 2010 China has started import of large quantities of refined copper and scrap copper, driving domestic and international copper prices upward. But as China's consumer demand was not as strong...
DALLAS, Jan 17 (Commodity Online): The US government in 2009 sent more than $500,000 every minute to foreign governments to pay for oil, energy mogul T. Boone Pickens said. This is despite the massive amount of money being pumped into...
A leading industry analyst has revealed that he expects to see a "significant increase" in Gold Investment during 2010.Douglas Hepworth, director of research at New York's Gresham Investment Management LLC, said that commodity prices, including Gold Prices, will rise as...
SURAT, Jan 17 (Commodity Online): Following the arrest of 21 diamond traders from India, mainly from Surat, the Gems & Jewellery Export Promotion Council (GJEPC) is mulling to pull out of the diamond cutting and polishing business in China.China had...
BAKU, Jan 17 (Commodity Online): Azerbaijan said it could supply Europe with natural gas through the lauded Nabucco pipeline if the project moves forward with construction. Europe aims to diversify its regional energy sector with Nabucco. Russia supplies roughly one-quarter...
LONDON, Jan 17 (Bloomberg): Palladium, already trading at an 18- month high, may reach $500 an ounce in the next several months, according to technical analysis by Barclays Capital.The attached chart shows a $463 target the bank identified by drawing...
AHMEDABAD, Jan 17 (Commodity Online): NCDEX Soybean February contract opened down at 2241 per quintal vs. previous close of 2251 made an intraday high at 2244.5 and declined because of weak global markets and weak domestic demand. Currently at 3.53...
NEW YORK, Jan 17 (Commodity Online): In its 2010 coal outlook report issued on Friday, Fitch Ratings says the US coal industry will experience modest recovery in domestic steam coal prices and scant increase in production volumes beginning in the...
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