LONDON, March 11 (Reuters): British surveyors are recording falling housing prices by the worst margin since the market crashed in 1990, the Royal Institute of Chartered Surveyors said today. During the past three months, only four per cent of surveyors...
FE ReportThe offerings were much smaller than the last few sales. There was a very strong demand for all varieties particularly the clean teas on offer which appreciated considerably. Blenders were very active as well as the Loose Tea buyers....
Japanese housing starts, which collapsed in 2006 due to regulatory changes, show signs of revival. This should, in turn, lead to a recovery of Malaysia's timber industry for which Japan is the biggest market, reports thestar.com. Two foreign brokerages issued...
FE ReportPremier Bank Limited held its monthly managers' meeting at the bank's head office recently where Managing Director Khondker Fazle Rashid was the chief guest.Fazle Rashid, in his speech, urged the branch managers to fulfil the budgetary target for the...
FE ReportGrameenphone Ltd will provide complete communication facilities to Citibank NA Bangladesh under its Business Solutions package. An agreement in this connection was signed recently by Citibank, NA Director and Head of Global Transaction Services Khondoker Rashed Maqsood and Grameenphone...
BASEL, Switzerland, Mar 11 (AFP): The global economy is continuing to grow but there is-as expected-a "certain level" of slowdown ahead, European Central Bank chief and Group of Ten (G10) spokesman Jean-Claude Trichet said yesterday. "I will not depart from...
BRUSSELS, Mar 11 (Reuters): European Union trade chief Peter Mandelson got support from EU countries yesterday to push for a better deal for European companies in global trade talks, but Ireland again warned against further farm concessions. With the World...
SAN FRANCISCO, Mar 11 (Reuters): The US economy will shrink in the second quarter, but avoid a recession this year as housing's drag will ease in the second half, helping normal growth return next year, according to a UCLA Anderson...
TOKYO, Mar 11 (Reuters): The nominee for governor of the Bank of Japan (BoJ), Toshiro Muto, said today the Japanese economy was at a critical point with many risks, both at home and overseas. Muto, currently a deputy BoJ governor,...
MANILA, Mar 11 (AFP): Philippine merchandise exports rose a modest 6.4 per cent to 4.24 billion dollars in January from a year earlier, officials said today, with slowing growth reflecting a weaker US economy. The figure was substantially lower than...
NEW DELHI, Mar 11(Internet): Employees of India's state-run airports will go on strike from midnight Tuesday, a union leader said, demanding that the government continue to run those airports in addition to new ones under construction. The strike will hit...
The fleet committee of Biman Bangladesh Airlines Limited has proposed the authorities concerned to close all domestic flight except on Chittagong and Sylhet routes as the company is eyeing to establish itself as a world class airliner.The fleet committee in...
FE ReportChildren in Asia are at great risk of dying from injuries such as drowning and road accidents. Surveys from Bangladesh, China, the Philippines, Thailand and Vietnam reveal that injury is the leading cause of death and disability among children...
RAJSHAHI, Mar 11 (BSS): Knowledge, attitude and practice can help prevent 80 per cent of both the communicable and non- communicable diseases along with malnutrition.To make this idea accessible to every section of the society, due attention should be given...
Ten persons were killed and many others injured in separate incidents in different places of the country during the last two days, report agencies.In Jamalpur, the police recovered the slaughtered body of an unidentified young girl from a paddy field...
FE Report Japan will provide a grant of US$ 85,204 to Bangladesh for construction of a training complex for disabled craftsman with artificial limbs. Japanese ambassador to Bangladesh Masayuki Inoue and Executive Director of Center for Disabilities in Development (CDD)...
RAJSHAHI, Mar 11 (UNB): Students of Rajshahi College formed a human chain on the college campus today (Tuesday) demanding withdrawal of additional examination fee. Sources said fourth-year students of various departments of 2002-2003 academic session assembled in front of the...
RAJSHAHI, Mar 11 (UNB): The manager of an NGO was arrested from his residence at Sripur union in Bagmara Upazila early Tuesday on charge of misappropriating Tk 0.16 million.Police said Shamim, manager of Freedom NGO, was arrested after Manjuara Khatun...
FE Report Rafiqul Islam Founda-tion (RIF), a social organisation, will organise a seminar March 29 on breast and uterus tumor to create awareness among the people. The seminar will be held at the conference lounge of the National Press Club...
FE ReportThe government has set criteria for farmers to qualify for cash subsidy on diesel to be disbursed from April 20 to May 15. According to the criteria, marginal and poor farmers having 2.5 acres or less than that portion...
Shamsul Huq ZahidThe move to privatise the largely state-owned Rupali Bank has bitten the dust. The Bank which was placed under the Privatisation Commission (PC) for transfer to Saudi Prince Bander Bin Mohamad Bin Abdulrahman Al-Saud, who had emerged as...
Shakhawat Hossain and Mushir AhmedSaudi Prince is busy mourning his beloved wife but still keen to take over Rupali Bank, as government admitted Tuesday it scrapped the sale deal after becoming 'fed-up and tired' with the 'mysterious' buyer. "His Royal...
LONDON, Mar 11 (Agencies): Oil prices struck a record high of 109.72 dollars per barrel Tuesday after the dollar hit a fresh all-time low against the euro and amid persistent energy supply concerns.The rise comes as International Energy Agency is...
Naim-Ul-karimIndian conglomerate Essar has renewed its plan to set up a 500 million dollars steel plant in Bangladesh, despite the government has yet to decide the fate of similar investment by Tata, officials said Tuesday.Essar, sitting with over 11 billion...
A medical board Tuesday recommended sending detained former Prime Minister Sheikh Hasina abroad for her ear treatment, within hours of her admission into the city's Square Hospital, reports UNB. Hasina was brought to the hospital at 8:50am from the makeshift...
FE ReportChief Adviser Fakhruddin Ahmed Tuesday expressed concern over the present price situation of the essential items and directed the authorities to adopt measures to tame the overheated local market."At a meeting on price today the Chief Adviser expressed concern...
FE Report Industrial credit flow recorded a significant rise by more than 64 per cent during the first half of the current fiscal against that of the corresponding period of the previous fiscal, officials said. A central bank high official...
FE ReportShare prices on the Dhaka Stock Exchange (DSE) fell in profit-taking Tuesday ending a five-session bull-run of the market that also saw a record turnover of more than Tk 4.0 billion.The total turnover was lifted to Tk 4.09 billion...
FT Syndication ServiceBEIJING: China's inflation rate hit a new 12-year monthly high of 8.7 per cent in February, fuelling fears that the sharply higher food prices of recent months will spread into other sectors of the economy.However, economists cautioned that...
The Anti-corruption Commission (ACC) filed two cases Tuesday against managing directors of Dhaka WASA and Rupantorita Prakritik Gas Company Limited (RPGCL) along with seven others for misappropriating government funds worth about Tk 112.80 million.Assistant Director of the ACC Abdul Mazed...
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