BEIJING, Mar 1 (AFP): China and Japan played down Saturday a bitter territorial dispute and urged North Korea not to "threaten" regional peace in talks between their foreign ministers here, a Japanese official said.Hirofumi Nakasone and Yang Jiechi, meeting as...
NEW DELHI, Mar 1 (PTI): India yesterday announced that incentives under a Rs 3.25 billion (325-crore) package for leather and textile exports would be available only on shipments to the US and Europe and was limited to six months from...
HONG KONG, March 1 (AFP): When times were booming, Asia's factories would sometimes struggle to keep pace with the global demand for cars, semiconductors and electronics goods.But as the worldwide recession has taken hold, the region's export- dependent economies have...
The government is determined to widen the base of tax and net of Value Added Tax (VAT) to increase revenue collection, reports UNB."The total amount of the budget will increase day by day, it will never decrease. We're trying to...
SEOUL, March 1 (Reuters): South Korean exports in February sank 17.1 per cent, half as much as their drop in January, but overseas sales are expected to keep falling as consumers and companies cut spending amid a worsening global economy.South...
SANGSAD BHABAN, March 1 (BSS): LGRD and Cooperatives Minister Syed Ashraful Islam told the House Sunday that the outstanding bill of Dhaka WASA is now Tk 2.39 billion (239 crore).In a written reply to a question raised by treasury bench...
BAGHDAD, March 1 (Reuters): Iraqi Oil Minister Hussain al-Shahristani said on Sunday he would recommend the revival of a national oil company as a way to boost oil output by 500,000 barrels per day in two years, faster than previously...
South Africa 220 and 57 for 0 (McKenzie 28*, Smith 28*) require another 397 runs to beat Australia 466 and 207 (Hughes 75)South Africa's openers made a patient yet solid start to a record chase at the Wanderers, building on...
FE Report | 2009-03-02 00:00:00
ICB Asset Management Company Limited (AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), recently announced Net Asset Value (NAV) of its two unit funds, said a press release.The total NAV of ICB AMCL Unit Fund stood at Tk 1037,354,374.38...
MOSCOW, Mar 1 (AFP): Russia is expecting "concrete proposals" from new US President Barack Obama to resolve disagreements on missile defence, President Dmitry Medvedev was quoted as saying by the Kremlin Sunday."I am counting on the new US administration behaving...
Over a thousand suspected mutineers, including deputy assistant director (DAD) of Bangladesh Rifles (BDR) Touhidul Alam, have been sued on charges of the February 25-26 carnage inside the headquarters of the paramilitary border force at Peelkhana in the city, reports...
Last year I went to BDR School at Pilkhana, where Dhaka University (DU) admission tests were held. My brother was a candidate at the test examination. There I was talking with a BDR man. When he had come to know...
MUMBAI, Mar 1 (Internet): Stepping into March, the Indian stock market is expected to remain directionless; the only positive trigger when the Reserve Bank of India acts to cut rates as early as this weekend.The country's economy grew at its...
Jasim Uddin Haroon | 2009-03-02 00:00:00
Confectionary items, including breads and biscuits, are still costlier despite a substantial decline in the prices of wheat, flour and sugar in the domestic market.The bakers have recently reduced the prices of their produce by only 10 per cent although...
Prime Minister Sheikh Hasina was in closed-door talks with hundreds of army officers for three hours at Shena Kunjo Sunday, reports bdnews24.com.There was no official briefing afterwards for the waiting media on what was discussed in the meeting.Sources with knowledge...
FE Report | 2009-03-02 00:00:00
Dhaka stocks registered a sharp rise Sunday, on a sigh of relief at the normalcy that returned after the end of the bloody two-day BDR mutiny.The rally was led by mutual fund, insurance and junk shares.Trading, that began half an...
PGCB AGM Thursday | 2009-03-02 00:00:00
The authorities of Power Grid Company of Bangladesh (PGCB) Limited have stated that the 12th annual general meeting (AGM) of the company will be held at the Bashundhara Convention Centre, Baridhara, in the city at 11am Thursday (March 5). Other...
Sri Lanka 317 for 4 (Samaraweera 133*, Sangakkara 104, Gul 3-67) against Pakistan.Kumar Sangakarra and Thilan Samaraweera hit centuries as Sri Lanka took charge on day one of the second Test, BBC reports.Umar Gul got Pakistan off to a positive...
HUA HIN, (Thailand), March 1 (AFP): Southeast Asian leaders called for coordinated action and reform of international financial systems to tackle the global crisis, while warning against protectionism, a statement said today.The joint statement came at the end of an...
IT is difficult to accept why the banks and financial institutions do not provide loans carrying low rates of interest to women entrepreneurs who run small and medium enterprises (SMEs). Neither the banks nor the financial institutions are following the...
NEW DELHI, March 1 (AFP): It was hailed as the "great Indian retail revolution," but a slowing economy and over- ambitious expansion have left many retailers struggling with what analysts now say were hyped expectations.When India's economy was booming, large...
Mushir Ahmed | 2009-03-02 00:00:00
A Bangladeshi top garment group has tied up with two leading Hong Kong-based textile firms and Japan's biggest clothing retailer to set up one of the largest integrated knitwear plants in the country.The four-way joint venture is believed to be...
TOKYO, Feb 28 (Bloomberg): Asian stocks rose, paring the regional benchmark index's worst start to a year since 1990, as brokerages upgraded technology companies and on optimism Citigroup Inc. will avoid being nationalised.LG Display Company, the world's No. 2 maker...
WELLINGTON, Feb. 28 (Xinhua): New Zealand Trade Minister Tim Groser said today New Zealand dairy exporters will be among the big winners in a free trade deal signed between New Zealand, Australia and 10 Southeast Asian nations.The agreement, signed in...
Tea Australia 466 and 30 for 0 (Hughes 22*, Katich 6*) lead South Africa 220 (de Villiers 104*) by 276 runsA dazzling century from AB de Villiers- his eighth, in his 50th Test- wasn't enough for South Africa to avoid...
A high-powered committee, to investigate the BDR mutiny, aims to give a report within the next seven days, said home minister Sahara Khatun on Saturday, reports bdnews24.comThe home minister, who heads the probe body, told reporters after a first meeting...
Siddique Islam | 2009-03-01 00:00:00
The central bank will introduce Bangladesh Automated Clearing House (BACH) from August 3 this year aiming to facilitate business activities through modernising the payment and settlement system.Under the new system, payments will be settled using automated cheque clearing system and...
ORLANDO, Florida, Feb (Reuters): The United States has begun operating two types of radar-evading aircraft, a bomber and a fighter, for the first time together in the Pacific, the head of US air forces in the region said Friday.The pairing...
After a three-day break, the Premier Division Cricket League resumes tomorrow (Monday) with two matches billed for the day, reports UNB.On Monday, BKSP take on CCS at the Narayanganj Osmani Stadium and Partex SC meets Young Pegasus at BKSP in...
World number three Novak Djokovic claimed a hard-fought win over Frenchman Gilles Simon to reach the final of the Dubai Championships, reports BBC.The Serb needed two hours and 44 minutes to beat the world number eight 3-6 7-5 7-5."I really...
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