YANGON, July 23 (Xinhua): Myanmar's biggest business organisation, the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI), has urged private trading companies in the country to strive for effective business operation globally, saying it is ready to...
NEW DELHI, July 23 (PTI): India, which has emerged as the back-office of the world in recent years, is expected to face stiff competition from countries like China, Malaysia and Singapore even as the global outsourcing industry is pegged to...
SINGAPORE, July 23 (AFP): The United States is not ruling out a free-trade agreement (FTA) with Southeast Asia but it is too early to discuss the issue, Trade Representative Susan Schwab said in remarks published today. In an interview with...
SEOUL, July 23 (AFP): South Korea and India will discuss proposed tariff cuts during another round of talks this week on a planned free trade deal, the South Korean government said today. At a four-day meeting starting in New Delhi...
SINGAPORE, July 23 (AFP): The United States has given up hopes of a free-trade agreement (FTA) with Thailand because of the political situation since last year's coup, a US official told a Singapore newspaper. "In the case of Thailand, FTA...
BEIJING, July 23 (Xinhua): China's fiscal revenue grew 30.6 per cent year-on-year to 2.6 trillion yuan in the first half of the year, putting the world's fourth largest economy well on the track of breaking last year's record high of...
ASHGABAD, July 23 (AFP): Turkmenistan's first free economic zone was inaugurated over the weekend in the Caspian sea resort of Turkmenbashi, as part of new President Gurbanguly Berdymukhammedov's efforts at economic revival of his Central Asian state. "Turkmenistan will set...
FE ReportChevron Bangladesh's 'Tree Plantation Programme 2007' has successfully ended after about a month of plantation activities in and around the operating areas in greater Sylhet.Some 43,000 timber and fruit saplings have been planted in the areas near the Jalalabad,...
SINGAPORE, July 23 (AFP): Oil prices paused for a breather in Asian trade today after surging to levels not seen in a year on strong demand and geopolitical concerns, dealers said. Supply concerns were also a factor behind the price...
TOKYO, July 23 (AFP): The dollar touched a fresh record low against the euro in Asian trade today, hit by jitters about US housing market problems and heavy falls on Wall Street at the end of last week, dealers said....
BEIJING, July 23 (Xinhua): The China National Cotton Reserves Corporation (CNCRC) said today that China's cotton sales had jumped to 6.05 million tons by July 18, up 48.4 per cent from the same period last year. A survey conducted by...
KATHMANDU, July 23 (Xinhua): The state-owned telecom provider Nepal Telecom (NT) has announced its ambitious plan of increasing 6 million telephone connections within three-year, The Himalayan Times reported today. According to the daily, once the plan is completed by 2010,...
NEW DELHI, July 23 (PTI): State-run carrier Air India, which is being merged with another national airline Indian, is looking to create a hub in Europe and rationalise its route structure by providing more direct services. Following the footsteps of...
TOKYO, July 23 (AFP): Japan's top automaker Toyota Motor Corp. said today it will resume some of its domestic production Tuesday as a key parts supplier re-started a plant hit by last week's earthquake. Riken Corp., the supplier at the...
WELLINGTON, July 23 (AFP): The board of Auckland International Airport said Monday it was recommending a bid by Dubai Aerospace Enterprise to take control of the company that runs New Zealand's largest air hub. Dubai Aerospace is proposing to buy...
FE ReportA Chinese restaurant named "Bhoz Restaurant and Chinese Garden" will be inaugurated at 56, Mia Saheber Maidan Avenue, Old Luxmi Bazar today (Tuesday).A milad mahfil was organised at Luxmi Bazar on the occasion. Local elite and devotees of Mia...
CHANGCHUN, July 23 (Xinhua): Soon after obtaining a driver's license, Xiao Xu, a young teacher in an industrial city in northeast China, has put car purchase on her agenda as she eagerly wants to sit behind the wheel. Xiao Xu...
S M JahangirA decision on the simultaneous hike in the prices of power, gas and petroleum is likely to come soon amid the fear of its consequences for the overall economy."The proposals for upward adjustment of the prices of electricity,...
A Z M AnasGlobeleq, the British power company, has sold out seven of its power units set up across South Asia and North Africa, including three in Bangladesh, to Pendekar Energy Limited of Malaysia. The British power generator owns as...
A Bangladesh Bank (BB) official was gunned down by gangsters in a raid on his home in Dhamrai municipal area amid heavy rain early Sunday, reports UNB.The deceased was identified as Hedayetullah (52), deputy general manager (Offside and Supervision) of...
FE ReportTorrential downpour throughout the country during the last two days inundated low lying city areas and halted usual business activities causing untold sufferings to the people in the capital.Most of the city roads and streets were submerged due to...
BNP Chairperson Khaleda Zia Sunday asked the expatriate Bangladeshis to wage a movement against "injustice" in the country, reports bdnews24.com. The former prime minister made the call in a teleconference from home with the leaders of BNP's Australia unit. "As...
Detained Awami League Chief Sheikh Hasina asked people to unite against injustice, a lawyer quoted her as saying Sunday, reports bdnews24.com. "People must not lose morale," Hasina was quoted as saying by advocate Sahara Khatun who had visited Hasina in...
Amy Kazmin, FT Syndication ServiceBANGKOK: Thai Silp South East Asia, a Thai garment exporter with 5,000 workers, had been struggling financially ever since it lost one of its biggest customers last year. But lately, as the Thai baht surged against...
FE Report The Bangladesh Bank (BB) has again directed the commercial banks not to harass importers of essential items by asking the sources of import finance while opening letters of credit (LCs). "The BB has not given any instruction to...
GAZIPUR, July 22 (UNB): BNP chairperson Khaleda Zia's adviser Brig (retd) Hannan Shah and his son, detained in four extortion suits, were Sunday set free from Kashimpur jail as they have secured bail in all the cases.Both the father and...
FE Report Industries Ministry Adviser Geetiara Safiya Chowdhury Sunday said the government is mulling to constitute a national commission on jute comprising experts from private sector. "The national commission will recommend to us how to make the jute sector more...
A divisional special judge court Sunday recorded depositions made by four witnesses in the Electronic News Gathering (ENG) camera-buying case against former President HM Ershad as part of the continuing trial proceedings. Sources said Ershad appeared in the court amid...
Nobel Laureate Muhammad Yunus flew back home Saturday, capping a visit to South Africa. Yunus, who went to South Africa on July 16, attended the 89th birth anniversary of another Nobel laureate and former president Nelson Mandela. Former US President...
Doulot Akter MalaThe government has taken a decision to allow limited import of potato to ensure adequate supply and rein in the prices, ahead of the month of Ramadan."Importers selected by the BDR will only be allowed to import potato...
© 2024 - All Rights with The Financial Express
