KARACHI, Aug 29 : The government would issue Term Finance Certificates of Rs90 billion to pay off the circular debt, according to a decision taken at a high-level meeting between banks and government officials Friday, according to DawnCom.Official sources said...
A Chinese company, M/s Bangladesh Textile and Fibre Industry Limited, will set up a fibre and non-woven fabric manufacturing industry in Comilla Export Processing Zone (EPZ).In this connection, an agreement was signed between the Bangladesh Export Processing Zones Authority (BEPZA)...
AMMAN, Aug 29: (Internet): Arab stock markets rallied this week, buoyed by figures supporting recovery prophecies of the US and other major economies, improving performance of global bourses and rising oil prices, financial analysts said Friday.However, analysts pointed out that...
FE ReportAmbassador of Colombia in Bangladesh Juan Alfredo Pinto Saavedra has stressed the need for establishing bilateral trade relation between Bangladesh and Colombia.The envoy made the observation when he called on President of Dhaka Chamber of Commerce and Industry (DCCI)...
NEW YORK, Aug. 29 (Bloomberg): US stocks fell as investors sold companies whose profits are least tied to the economy after Dell Inc. and Intel Corp. bolstered confidence that the outlook for technology spending is improving. The dollar and oil...
LONDON, Aug. 29 (Bloomberg): Gold futures rose to a three-week high on signs of increasing investor demand. Silver had the biggest gain in almost four months.Gold assets in exchange-traded funds monitored by UBS AG are "98 per cent of the...
LONDON, Aug. 29 (Bloomberg): European stocks advanced for a second consecutive week as earnings reports and economic data added to signs the global recession is nearing an end.L'Oreal SA had its biggest weekly gain since September 2001 after reporting a...
NEW DELHI: Aug. 29 (Bloomberg): India's future is threatened by shortages of food, water and energy and these should be addressed on a priority basis, the Prime Minister's security adviser said."These are part of a broad national security plan, and...
KARACHI, Aug 29 : The Karachi stock market faced intense buying on the last trading day of the week Friday due to foreign investment in oil and bank sectors, according to Daily Times.Buying was also supported by local investment in...
LONDON, Aug 29 (AFP): The prices of raw materials were mixed this week in cautious trade despite increased signs of global economic recovery. The US economy, the world's biggest, appeared to hold on its path of recovery from deep recession...
YANGON, Aug. 29 (Xinhua): Myanmar enjoyed 4.89 million tons of rice surplus annually, the local Myanmar Post weekly reported yesterday. According to official statistics, the country generated about 30 million tons of rice out of 8.26 million hectares of paddy...
NEW YORK, Aug 29 (AFP): The dollar traded mainly higher yesterday as currency traders turned more cautious in the face of a struggling stock market and mixed economic news. At 2100 GMT, the euro fetched 1.4304 dollars compared with 1.4345...
JAKARTA, Aug. 29 (Xinhua): Indonesia's Ministry for State-Owned Enterprise (SOE) asked the Logistic Agency (BULOG) to increase its role in sugar distribution to improve market structure, the private news provider detikcom reported yesterday. According to the Minister for SOE Sofyan...
WASHINGTON, Aug 29 (AFP): US consumer spending rose in July, boosted by the government's popular "Cash-for-Clunkers" auto sales incentive programme, official figures showed yesterday. The Commerce Department said consumer spending-which drives two- thirds of US economic activity-rose for the third...
WASHINGTON, Aug 29 (AFP): China has informed the United States it will scrap from Tuesday higher tariffs on imported auto parts following a World Trade Organization ruling, a top US trade official said yesterday. "We are pleased that China has...
WASHINGTON, Aug 29 (AFP): The US government has developed possible alternative plans for a missile defence shield that could drop proposed missile bases in Poland and the Czech Republic, The New York Times reported Saturday.Citing unnamed administration officials, the newspaper...
BAGHDAD, Aug 29 (AP): Two truck bombs struck separate communities north of Iraq's capital Saturday, killing at least 16 people in the latest attacks that indicate insurgents are targeting relatively unprotected areas as security forces focus on defending the cities.The...
NEW DELHI, Aug 29 (AFP): Indian Prime Minister Manmohan Singh dismissed Saturday doubts raised recently about the success of the country's nuclear tests in 1998.Indian nuclear scientist S Santhanam, who was a director for 1998 nuclear test site preparations, has...
WASHINGTON, Aug 29 (AP): A projected landslide victory this weekend for Japan's opposition party could introduce new uncertainty into a relationship the United States has long relied on to anchor its security interests in Asia.The Obama administration will be watching...
CAPE CANAVERAL, Aug 29 (AFP): The space shuttle Discovery blasted off from the Kennedy Space Centre on a 13-day mission to help equip the International Space Station.Discovery roared into the dark nighttime Florida sky at 11:59 pm Friday (0359 GMT...
New Myanmar clashes leave one deadBEIJING, Aug 29 : Fresh fighting erupted early Saturday in northeastern Myanmar after days of clashes between government troops and ethnic rebels drove tens of thousands of people into China, and a bomb tossed across...
Maswood Alam KhanOn my way to or from Dhaka New Market in Nilkhet, whenever I pass by the Dhaka University campus I can't help but have a glance on the banyan tree in front of the main building of the...
Mohammad Ataul Hoque LENDING rate is the interest rate at which financial institutes lend money. It constitutes the base from which banks then lend money to the final customers. Prime rate or Prime Lending Rate is a term applied in...
MS SiddiquiLETTER of Credit (LC), introduced to early in the 20th century, continues to play a critical role in international trade. The letters of credit, an important payment mechanism, helps eliminate certain risks. About 60 per cent of payments against...
M A IslamWHAT a teacher discusses in the class is important for any learner. In the class, students might have some queries in mind. They ask questions to the teacher in the middle of the lecture or at the end...
FE SpecialA healthy study habit for a student includes the habit of studying all the subjects regularly, if possible daily or at least once in every two days. Sometimes students might find it difficult to manage time for all the...
COLOMBO, Aug 29 (AFP): Left-arm spinner Rangana Herath grabbed four wickets as Sri Lanka pushed New Zealand towards a massive defeat in the second and final cricket Test here on Saturday. The Kiwis, battling for survival after being set an...
Grand Master Dibyendu Barua of India lifted the 9th United Insurance and United Leasing Grandmasters Chess Tournament title with a brilliant win against GM Khusnutdinov Rustam of Kazakhstan in the 10th and final round at National Sports Council Tower Auditorium...
The busy international cricket season kicks off as the Zimbabwean national cricketers are arriving in the city on October 21 on a five-match one-day international tour of Bangladesh.Sri Lanka and India are also scheduled to tour Bangladesh this season besides...
Taekwondo players Mizanur Rahman and Rasiul Kabir-who won gold medals in the 5th Korea Open International Taekwondo Championship-will be given a reception today (Sunday), reports BSS.State Minister for Youth and Sports Ahad Ali Sarkar will accord the reception to the...
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