BEIJING, June 25 (CEIS): Professor Robert Mundell, widely dubbed "father of the Euro", said here Saturday that constant pressure from the United States on China to appreciate its currency Renminbi can be interpreted as "a move to slow China's expansion"....
BASEL, June 25 (AFP): The global economy is in good health but monetary policy should be tightened to forestall risks from a possible US slowdown, inflation and capital markets volatility, the Bank for International Settlements (BIS) said yesterday. In its...
NEW DELHI, June 25 (AFP): As India struggles to deal with stagnation in its crucial agricultural sector, small-scale organic farming initiatives near the capital are providing clues on how to reap healthy profits from the land. Many farmers in India,...
FE ReportWith an aim to provide complete GSM solution and better purchasing experience to all its customers, Banglalink has recently opened a Banglalink point at Jail Road at Brahmanbaria.A senior official of Banglalink inaugurated the Banglalink point at a function.Customers...
KATHMANDU, June 25 (Xinhua): Nepali joint secretary at the ministry of foreign affairs Dinesh Bhattarai Sunday informed that Nepal would soon furnish its view on International Arms Trade Treaty (IATT) to the United Nations (UN), Nepali national news agency RSS...
BEIJING, June 25 (CEIS): China is stepping up protection of part-time workers in its highly-debated draft labour contract law. "The wages of part-time workers should not be lower than the statutory minimum wages set by local governments," said the draft,...
WASHINGTON, June 25 (AP): Robert Zoellick, President Bush's former trade chief and No 2 diplomat, appeared certain to win approval as the World Bank's next president. The World Bank's 24-member board scheduled a closed-door meeting Monday to take up Zoellick's...
SINGAPORE, June 25 (AFP): Oil prices weakened in Asian trade today after labour unions in Nigeria ended a four-day general strike in Africa's largest oil producer, dealers said. New York's main contract, light sweet crude for August delivery, was down...
TOKYO, June 25 (AFP): The dollar edged up towards a fresh four-and-a-half year high against the yen in Asian trade today as players braced for another batch of US economic data, dealers said. They said the Japanese currency was likely...
KUALA LUMPUR, June 25 (Xinhua): Malaysian rubber glove producer Supermax, the second biggest one in the world, is ready to achieve up to 35 per cent growth in both revenue and profit in 2007, local media reported today. The optimism...
BEIJING, June 25 (CEIS): China's military medical academy announced Friday that it would licence a British company to use the patent of its new anti-dementia drug based on traditional Chinese medicine (TCM), opening up a new avenue to the international...
FE ReportThe publication ceremony of a book, titled 'Harbinger of Management Development in Bangladesh', was held in the city recently. The book is a compilation of articles, contributed by 48 outstanding educationists, politicians, businessmen, executives and social workers of home...
FRANKFURT, June 25 (AFP): Consumer sentiment in Germany, the biggest economy in the eurozone, is continuing on its upward trend, buoyed by favourable developments on the labour market and a positive overall economic environment, a new poll showed today. The...
INDIA, BHOPAL, Jun 25 (PTI): Can Soybean end the woes of Maharashtra's farmers facing towering debts that are reportedly driving them to commit suicide? A study conducted by the Indian Institute of Management (IIM) Indore suggests that cultivating the oilseed...
COLOMBO, June 25 (Xinhua): Fishing restrictions imposed by the Sri Lanka Navy for fishermen in Sri Lanka's eastern coast have been relaxed, officials said yesterday. Accordingly the fishermen are afforded a further three hours for fishing, a Naval spokesman said....
Ekramul Ameen has taken over the office of the Managing Director of Meghna Life Insurance Company Limited recently, said a press release. Previously he held the position of Managing Director (CC) in the National Life Insurance Company Limited. He is...
FE Report Bankers of the small and medium enterprise (SME) sector Monday said belated disbursement of fund from the central bank to the commercial banks is one of the reasons behind high interest rate for financing the sector.The bankers said...
FE Report Commercial Bank of Ceylon (CBC) organised a seminar on 'UCP 600' at a city hotel Sunday.CBC Country Manager S Renganathan, Chief Operating Officer (Acting) Dilan Rajapakse, general managers Das Gupta and S Kutubuddin Ahmed, Deputy General Manager Golam...
FE ReportApart from its commercial banking operations, Prime Bank Ltd (PBL) Foundation has been playing a pivotal role in the society as part of its CSR activities.Aligning with its long-term aim and to commemorate the 12th anniversary of the bank,...
FE Report Bangladesh Chemical Industries Corporation (BCIC) has taken initiatives to continue its efforts for normal supply and marketing of urea fertiliser in the country. As per demand of the Ministry of Agriculture, 1,52,630 tonnes of urea have been allocated...
The Department of Fisheries (DoF) has been implementing freshwater prawn and lobster cultivation extension programme in the northern region for the last two years, reports BSS from Rajshahi.Sources said, the programme has been taken with an aim to enhance prawn...
FE ReportBangladesh Sugar and Food Industries Corporation (BSFIC) and M/S Anwarul Haq of Jaypurhat signed an export agreement in the city recently.BSFIC Secretary Md Lutfur Rahman and M/S Anwarul Haq proprietor Md Anwarul Haq signed the agreement on behalf of...
FE ReportHSBC Bangladesh recently launched a new product 'Trade Up' to providing trade financing to small and medium enterprises (SMEs) that supply larger manufacturers of readymade garments (RMGs).Speaking at the launching programme, HSBC CEO Steve Banner said the bank's commitment...
A month-long training course on 'Foreign Trade and Foreign Exchange' organised by the Mutual Trust Bank Training Institute (MTBTI) was inaugurated in the city recently, said a press release. Managing Director of the bank Kazi Md Shafiqur Rahman inaugurated the...
An agreement on instant cash arrangement was signed between Islami Bank Bangladesh Limited and Al Fardan Exchange of United Arab Emirates in the city recently, said a press release. Deputy Executive President and Head of International Banking Wing of Islami...
FE ReportA two-day regional product development meeting of Bata International Group (BIG) will commence in the city today (Tuesday). Managing directors, product development managers and merchandising managers from Bata companies in India, Pakistan, Indonesia, Sri Lanka, Kenya, South Africa and...
Our CorrespondentNILPHAMARI, June 25: Local people have demanded necessary financial and technical support to improve cattle-farming in Nilphamari.Sources said, the inhabitants of the district are presently rearing almost 0.3 million (3.0 lakh) head of cattle, all of which are old...
FE ReportA seminar on "Highlighting the Latest Discoveries in the Field of Fairness Science" was organised by Unilever Bangladesh Limited in the city recently. The members of Dermatological Association of Bangladesh (DAB) as well as renowned skin specialists of the...
FE ReportBangladesh General Insurance Company (BGIC) Ltd approved 15 per cent dividends comprising 7.0 per cent cash dividend and 8.0 per cent stock dividend at the 22nd annual general meeting (AGM) of the company.BGIC, the first private sector general insurance...
FE ReportChief Executive Officer of Dhaka Stock Exchange (DSE) Salahuddin Ahmed Khan Monday left Dhaka for Singapore to attend a two-day Asian roundtable conference on corporate governance which begins there tomorrow (Wednesday).Paris-based Organisation for Economic Co-operation and Development (OECD) arranged...
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