WASHINGTON, Aug 14 (AFP): The United States asked the World Trade Organisation (WTO) to mediate a copyright trade dispute with China, saying bilateral talks have failed to close loopholes that allow counterfeiters to flourish. It marked the third time in...
TOKYO, Aug 14 (AFP): The Bank of Japan (BoJ) moved today to withdraw billions of dollars of emergency funds from the banking system after a degree of calm returned to jittery global markets. With global stock markets showing signs of...
ATLANTA, Aug 14 (Reuters): Top home improvement retailer Home Depot Inc (HD.N) reported a 15 per cent fall in second-period profit Tuesday as sales fell short of expectations amid the softer US housing market.The company still expects per-share profit to...
KATHMANDU, Aug 14 (Xinhua): Nepal is all set to sign a Memorandum of Understanding (MoU) with the International Organisation for Migrants (IOM) in order to protect the rights of overseas Nepali workers and also to pave the way for the...
FRANKFURT, Aug 14 (AFP): Central banks around the world pumped out tens of billions more dollars yesterday to help commercial banks hit by the US home loan sector crisis, as shares bounced back from a turbulent week. The European Central...
DAMASCUS, Aug 14 (Xinhua): Syrian Deputy Prime Minister for Economic Affairs Abdullah al-Dardari stated yesterday that the economic growth rate was expected to reach 6.5 per cent by the end of 2007, compared with that of 6.2 per cent in...
SIALKOT, Aug 14 (APP): Federal Privatisation and Investment Minister Zahid Hamid has said that with increased economic growth in the country, the pace of foreign investment has increased manifold in the last few years. In an interview with the news...
YANGON, Aug 14 (Xinhua): Myanmar is planning to establish six special economic zones (SEZs) to attract direct foreign investment into the country in a bid to promote its economic development, local Weekly Eleven News reported today. The six SEZs are...
MOSCOW, Aug 14 (AFP): The Russian central bank said yesterday it had decided to raise its interest rates by 25 basis points to mop up surplus liquidity on its money markets. The move contrasts with action taken by other central...
KUALA LUMPUR, Aug 14 (Xinhua): Malaysia is set to buy more textiles from India next year as the first leg of the ASEAN- India free trade agreement to reduce and eliminate tariffs will be concluded by the end of the...
TOKYO, Aug 14 (AFP): The yen gained ground against other major currencies in Asian trade today, lifted by growing risk aversion following recent turmoil on global markets, dealers said. They said that the yen continued to benefit from an unwinding...
SINGAPORE, Aug 14 (AFP): Oil prices were weaker in Asian trade today on continued worries that US energy demand will eventually be hit by financial market turbulence, dealers said. New York's main contract, light sweet crude for September delivery fell...
BEIJING, Aug 14 (CEIS): The State Council, China's cabinet, released a policy framework on solving housing difficulties for low-income urban families yesterday. The policy framework urges cities to establish and improve the low-rent housing system as well as develop and...
HANOI, Aug 14 (Xinhua): POSCO, the world's third- largest steel maker from South Korea, is considering to invest 4.5 billion US dollars in building a hot-rolled steel mill in Vietnam, local newspaper Vietnam News reported today. The future plant, expected...
LUSAKA, Aug. 14 (Xinhua): Southern Africa Development Community (SADC) member states are working on possibilities for the establishment of a single currency unit for the region by 2018, deputy executive secretary Joao Caholo was quoted as saying by the official...
FE Report The Bangladesh Telecentre Network (BTN), a proposed body of the NGOs providing e-service, plans to establish 40,000 telecentres across the country by 2011 to enhance the growth of rural economy."We expect that the utilisation of information technology, including...
FE ReportA syndicate financing loan agreement was signed between five commercial banks led by Agrani Bank Ltd and Green Life Hospital Ltd at a city hotel Monday. Other four syndicated loan provider banks are Janata Bank Ltd, Pubali Bank Ltd,...
FE ReportA number of organisations and corporate bodies, including Standard Chartered Bank (SCB), Bangladesh Export Processing Zones Authority (BEPZA), Dutch-Bangla Bank Limited (DBBL) and Beximco Pharmaceuticals Limited (BPL), are continuing their relief operations among the flood-affected people across the country.SCB:...
FE ReportBangladesh Krishi Bank (BKB) has fixed up an enhanced disbursement target of Tk 35.50 billion (3,550 crore) for agricultural loans for the current financial year in the context of the recent flood. The loans would constitute 54 per cent...
FE ReportBangladesh Shrimp and Fish Foundation (BSFF), in association with Bangladesh Frozen Foods Exporters Association (BFFEA) and the Department of Fisheries, organised a seminar in the city on EU non-tariff trade rules for shrimp and fish-based export industry.President over by...
FE Report Walton, an electrical, electronics and automobiles brand of the country, has opened its exclusive showroom 'World Vision' at Bhola recently. Walton Senior Deputy Director Ilias Kanchan inaugurated the well-decorated showroom. Also present in the opening ceremony were proprietor...
Naim-Ul-KarimThe government is yet to allocate Tk 1.25 billion to pay dues of 2,633 officials, employees and workers of nine state-owned textile mills, who opted for voluntary retirement scheme (VRS) with effect from July 31, a source said."At least two...
FE ReportAl-Arafah Islami Bank Limited (AIBL) held its 198th Executive Committee (EC) meeting at its head office in the city recently. AIBL Executive Committee Chairman Md Enayet Ullah presided over the meeting. Also present in the meeting were AIBL Board...
FE Report Air Arabia, the first and largest low-cost carrier (LCC) in the Middle East and North Africa, will shortly begin operating three additional flights per week on the Sharjah-Chittagong route. Currently, the Sharjah-based carrier provides 2 flights per week...
FE ReportAn agreement was signed between Islami Bank Bangladesh Limited (IBBL) and Bahrain Exchange Company, Kuwait on instant cash facility recently.IBBL Senior Vice President (International Banking) Md Mahbub-ul-Alam and Taitas Deducs Enamakel of Bahrain Exchange Company signed the agreement on...
SIRAJGANJ, Aug 14: The price of liquefied petroleum gas (LPG) cylinders has increased by 15 per cent to 20 per cent within two weeks in the locals market of nine upazilas in Sirajganj district, sources said.Dealers alleged that shortage of...
FE Report The Dhaka Chamber of Commerce and Industry (DCCI) Business Institute (DBI) will organise a training course on 'Garments Merchandising Operation and Management' at the DBI premises in the city from August 18 to 22 from 2:30 pm --...
FE ReportA four-week long comprehensive training course titled 'basic knowledge on capital market,' second of its kind, arranged by Chittagong Stock Exchange (CSE) began at CSE conference hall Monday.ASM Nayeem, former president of Institute of Chartered Accountants of Bangladesh (ICAB)...
LONDON, Aug 14 (Bloomberg): European stocks recovered from earlier losses as France Telecom SA and Vodafone Group Plc advanced. The Dow Jones Stoxx 600 Index rose less than 0.1 per cent to 371.13 at 1:55 p.m. in London after falling...
SAN FRANCISCO, Aug 14 (MarketWatch): Asian stocks may mostly open lower on Tuesday, following downturns in US stocks, but are expected to show volatility as jittery investors contemplate whether it's the time to stop worrying about credit-related woes."People are afraid...
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