LAHORE, Aug 30 (APP): Director, Indian Ministry of Commerce, Rajeev Kumar has invited members of Lahore Chamber of Commerce and Industry (LCCI) to take part in exhibitions being held in India to gain first-hand knowledge about business opportunities. Addressing the...
TOKYO, Aug 30 (AFP): Japan and the European Union will launch talks next month to enhance economic cooperation in the first step to a long-shot possibility of a free trade deal, officials said yesterday. The two major economic blocs are...
BEIJING, Aug 30 (CEIS): China's currency, the yuan, yesterday hit a new high against the US dollar for the second consecutive day after more than one month of downward adjustment, according to the Chinese Foreign Exchange Trading System. The central...
BRUSSELS, Aug 30 (AFP): The European Commission voted yesterday in favour of extending anti-dumping duties on Chinese- made energy-saving light bulbs for up to a year, a spokesman said. The decision came despite a high-level EU drive to use more...
ABU DHABI, Aug 30 (Xinhua): Etisalat, the telecom giant of the United Arab Emirates (UAE), announced yesterday that it has launched GSM service in Afghanistan, Emirates News Agency reported. The GSM service of Etisalat's Afghanistan division is now available in...
NEW DELHI, Aug 30 (PTI): Petrol and diesel prices are unlikely to be hiked in the near future, with Finance Minister P. Chidambaram agreeing in-principle to share a third of the revenue loss that state-run oil firms incur on sale...
TOKYO, Aug 30 (AFP): The dollar was mixed in volatile Asian trade today as investors waited for further economic developments in the United States to gauge the state of jittery markets, dealers said. The dollar dropped to 115.35 yen in...
FE ReportThe sale met with less demand and prices were easier all around, particularly for the medium and plainer teas and there were fairly heavy withdrawals. Blenders/packeteers lent a good support whilst loose tea buyers operated in usual strength. Pakistani...
FE ReportThe 57th meeting of the board of directors of Ansar-VDP Unnayan Bank (AVUB) was held at its head office in the city recently. The meeting was chaired by Ansar-VDP Director General and Ansar-VDP Unnayan Bank (AVUB) Chairman Md Sadik...
NEW DELHI, Aug 30 (Xinhua): India's state-run railways has decided to privatise train manufacturing in the country, which has one of the world's largest rail networks, the Press Trust of India (PTI) reported yesterday. "There is a growing need for...
SINGAPORE, Aug 30 (AFP): World oil prices traded flat in Asia today as the market weighed surprisingly steep declines in US energy stockpiles and the potential of weaker global demand amid financial turbulence. New York's main futures contract, light sweet...
TOKYO, Aug 30 (AFP): Japanese and South Korean firms have won a 1.8 billion-dollar contract to build a diesel oil refinery in Egypt to respond to rising car demand in the emerging economy, the Japanese company said today. Japanese trading...
Australian cricket coach John Harmer arrived in city Thursday to make presentation before the BCB interview board as a candidate for Bangladesh cricket coach, reports UNB.John Harmer, a former coach of England women's team, will make his presentation at the...
Bangladesh National Cricket Academy team suffered second successive defeat in Australia tour conceding an 8-wicket loss against Queensland Academy of Sports in the third one-day match in Kahlin Thursday, reports UNB.Batting first, GP-BCB National Academy team were all out for...
Bangladesh play their opening group match against Thailand in the 7th Men's Asia Cup Hockey, which begins today (Friday) in the Indian city of Chennai.The match gets underway at 9:30 pm, reports UNB.Other matches on the opening day: Malaysia vs...
Muttiah Muralitharan has sustained an elbow injury that will rule him out of next month's Twenty20 World Championship in South Africa. No replacement has been announced as yet but it is believed that Dilruwan Perera, the offspinning allrounder who was...
The first phase of the Fresh IGP Cup National Youth Kabadi Competition, organised by Bangladesh Kabaddi Federation, begins tomorrow (Saturday) at seven zonal venues across the country, reports UNB.Thirty-two teams, split into seven groups, will compete in the preliminary round...
Matuail Udayan Sangha beat Rainbow AC by 2-0 goals in a match of the Third Division Football League at the Kamalapur Bir Shreshtha Shaheed Sepoy Mohammad Mostafa Stadium in the city Thursday, reports UNB.Mohammad Biplob and Shailesh Chandra Barman scored...
Cricket's world governing body is seeking membership of the International Olympic Committee so Twenty20 matches can be part of future Games. "The long-term objective is to have cricket in the Olympics," International Cricket Council chief executive Malcolm Speed told reporters...
LOS ANGELES, Aug 30 (AFP): England midfielder David Beckham, already battling an ailing ankle, left his Los Angeles Galaxy's SuperLiga final against Pachuca of Mexico Wednesday with a knee injury. Despite lingering soreness in his left ankle, which has troubled...
Bolton striker Nicolas Anelka has ended speculation over his future by signing a new contract that will keep him at the club until 2011, reports BBC. Anelka, 28, has been linked with a move away from the Reebok, with several...
Doulot Akter MalaThe National Board of Revenue (NBR) Wednesday directed all commercial banks and non-banking financial institutions (NBFIs) to freeze bank accounts and seize all saving certificates of immediate past prime minister Khaleda Zia, her son Arafat Rahman Koko and...
Shakhawat Hossain The Ministry of Finance (MoF) has set December as the deadline to complete procedures relating to flood rehabilitation projects by the ministries and divisions to ensure utilisation of foreign aid and help maintain budgetary discipline, sources said.It will...
FE Report Industrial credit flow significantly increased to 28.44 per cent in the last fiscal compared to the previous fiscal mainly due to increased import of capital machineries for some emerging sectors including textiles, telecommunications, energy and power. The recovery...
Dhaka University teachers Anwar Hossain and Harunur Rashid, arrested following student rioting, were taken on a four-day fresh remand Thursday after they were produced in court, report agencies.Before being taken in police custody for further interrogation, Anwar, Dhaka University Teachers'...
Bangladesh and Pakistan have decided to consider certain measures of duty concession to each other's export products to raise the annual bilateral trade to US$ one billion from a paltry US$ 300 million, reports UNB. "It's our desire to raise...
Senior Awami League (AL) Presidium member Amir Hossain Amu Thursday demanded of the caretaker government to let political activities resume on full scale, reports UNB.He also said his party has to stand ready to go for dialogue with the Election...
FE Report The amendments to the Bank Companies Act, 1991 does not have any provision to change the definition of loan defaulters, the Bangladesh Bank (BB) said Wednesday in response to reports published in the media that an amendment has...
Wolfgang Proissl, FT Syndication ServiceBRUSSELS: Developing countries could provide the future head of the International Monetary Fund (IMF) if they accept Dominique Strauss-Kahn, the former French finance minister, this time round as the new director of the body, according to...
No recognised major political party is agreed to sit for dialogue with the Election Commission (EC) unless the ban on indoor politics is lifted, said BNP leader Hannan Shah on Thursday, reports UNB."No major political party that is recognised by...
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