VALLETTA, Dec 27 (AFP): Malta joins the Eurozone on January 1, hoping that adoption of the single currency will help the Mediterranean island nation's economy transform itself into a high-technology investment magnet, officials say. "Malta became a very attractive place...
LONDON, Dec 27 (Reuters): Britain's post-Christmas sales kicked off yesterday with retailers hoping a surge in shoppers would make up for a lacklustre run-in to crucial festive trading. Discounts of up to 70 per cent lured thousands of people to...
MANILA, Dec 27 (AFP): President Gloria Arroyo said today she expects the Philippines economy to maintain its vibrancy in 2008 after posting growth in excess of seven per cent in the first nine months of 2007. "We are filled with...
BERLIN, Dec 27 (AP): Germany's economy minister said the government must lower its 2008 economic growth forecast, according to an interview released Wednesday.The current forecast for Europe's biggest economy, which dates back to October, is for gross domestic product to...
TOKYO, Dec 27 (AFP): Housing starts in Japan slumped for a fifth straight month in November as stricter safety rules continued to weigh on construction activity, official figures showed today. Housing starts fell 27 per cent to 84,252 units in...
SHANGHAI, Dec 27 (AFP): China's central bank has set a lower target for loan growth rate of 12 per cent for 2008 in efforts to curb lending growth and cool the economy, state media reported today. Lending growth would be...
ABU DHABI, Dec 27 (Xinhua): The Arab Monetary Fund (AMF) yesterday signed two agreements to lend Lebanon a total of 75 million US dollars, Emirates News Agency reported. The two agreements were signed with Lebanon's Central Bank and Ministry of...
SINGAPORE, Dec 27 (Reuters): Asian stocks rose, galvanised by resources companies such as BHP Billiton and CNOOC as oil and commodities prices firmed, but Japan's Nikkei index fell and was on course to end the year as the world's worst...
SEOUL, Dec 27 (AFP): South Korea's Samsung Electronics said today it had filed a complaint with the United States International Trade Commission, alleging patent infringements by Japan's Sharp Corp. and its US subsidiaries. It said the complaint filed on December...
SEOUL, Dec 27 (AFP): South Korean budget domestic carrier Jeju Air said it would sign a contract with Boeing Friday to buy five 737- 800 planes for 363 million dollars, as part of plans to expand internationally. The US aircraft...
TOKYO, Dec 27 (AFP): The dollar was slightly weaker in subdued Asian trade today following news of sluggish US retail sales, dealers said. The greenback was quoted at 114.18 yen in Tokyo afternoon trade against 114.29 in New York late...
PANAJI, India, Dec 27 (AFP): Tourists are cancelling holidays to the Indian beach resort of Goa over fears of violent protests against government plans to build more industrial parks here, an official and a hotelier said. Opposition political parties and...
WASHINGTON, Dec 27 (PTI): US President George W Bush has signed a 550-billion-dollar catch-all budget bill for 2008 that includes USD 250 millions for the various funding projects in Pakistan.The President signed the Consolidated Appropriations Act 2008 also known as...
NEW YORK, Dec 27 (AFP): Despite the last-minute shopping frenzy, holiday retail sales were sluggish as the American consumer spent less than expected while Internet shopping slowed down. Many shoppers waited until the last moment to buy gifts for Christmas,...
MOSCOW, Dec 27 (AFP): A top Gazprom executive voiced opposition yesterday to foreign ownership of Russian energy reserves, saying it could deprive Russian consumers of much- needed natural gas, news agencies reported. "We do not like foreign companies developing reserves,"...
Doulot Akter Mala The government is going to launch a donor-funded project in January 2008 to employ helpless rural women in public asset maintenance and repairing jobs in six districts, three of which have been affected by cyclone Sidr. Officials...
FE ReportGrameenphone (GP), country's leading cell phone operator, has signed an agreement with CARE Bangladesh to launch a project titled 'Tathyo Tari' (information boat), with a view to providing necessary information of livelihood for the riverine communities of the country.Grameenphone...
RANGPUR, Dec 27 (BSS): The middle and lower income group people have been affected seriously following repeated price hike of liquefied petroleum gas (LPG) in the country's northern region.Consumers and market sources said prices of LPG cylinder of various brands...
FE ReportAgricultural Marketing Co Ltd (AMCL)-Pran has declared a 26 per cent dividend for its shareholders for the financial year 2006-07 at its 22nd annual general meeting (AGM) held at the National Shooting Complex at Gulshan in the city Thursday.Chairman...
JOYPURHAT, Dec 27 (UNB): Joypurhat Sugar Mill may achieve the target of sugar production this season due to sufficient supply of sugarcane.The mill, which started sugarcane crushing on November 23, has set a target to produce 12,950 tonnes of sugar...
Our CorrespondentBOGRA, Dec 27: Maize cultivation has gained a huge popularity in almost all the villages of the district, sources said. Maize has also become a profit-making crop for the local farmers. Although a decade ago it had no demand...
FE ReportBangladesh Chemical Industries Corporation (BCIC) has allocated 0.404614m tonnes of urea fertiliser to the dealers for distribution among the farmers during January next year.Besides, district fertiliser and seed-monitoring committees have been requested to supervise the withdrawal, transportation and distribution...
FE ReportDutch-Bangla Bank Limited (DBBL) opened its 46th branch at Lohagara in Chittagong Wednesday with on-line banking facilities. The branch was inaugurated by Noman Group Chairman Nurul Islam. He also opened an ATM booth on the branch premises to facilitate...
FE ReportA CPE seminar on "Small and Medium Practices (SMP)-Tryst for Survival and Growth: Bangladesh Perspective" was held in the auditorium of Institute of Chartered Accountants of Bangladesh (ICAB) in the city Wednesday, said a press release.President of Dhaka Chamber...
Our CorrespondentRAJSHAHI, Dec 27: The state-run Bangladesh Post Office incurred Tk 3.59 billion net loss in the last three years.Director General (DG) of Bangladesh Post Office Mobasser ur Rahman disclosed the figure while inaugurating a training course as the chief...
FE ReportSonali Bank Limited would disburse Tk 1.0 billion special credit among the farmers and small traders in the areas devastated by the cyclone Sidr, said a press release.The bank will also reschedule classified loans for two years without any...
FE ReportWestern Union, a money transfer service provider, has launched "No Transfer Fee" Pricing Action for any amount sent to Bangladesh from Italy, the United Kingdom (UK), the United States of America (USA), Kuwait, Saudi Arabia and the United Arab...
RANGPUR, Dec 27 (BSS): The farmers have engaged their all-out efforts to make the farming of spicy crops successful this year in the northern region of the country.The early varieties of spicy crops including onion have appeared in plenty in...
FE ReportThe Marketing and Sales Conference 2008 of ACI Pharmaceuticals was held at BCFCC in the city Thursday.ACI Limited Managing Director Arif Dowla, in his inaugural speech, asked the participants of the conference to uphold company's core values and work...
BANGKOK, Dec 27 (AP): Asian markets were mixed Thursday as investors in Japan and Hong Kong sold shares after their recent gains, but benchmark indices in Australia, China, Thailand and the Philippines all rose.BANGKOK: Thailand's main stock index rose 1.30...
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