SHANGHAI, Oct 22 (AFP): China's overall fixed asset investment rose 25.7 percent in the first nine months of 2007 from a year earlier, slightly slower than growth in the first half of the year, the central bank said. Growth in...
DUBAI, Oct 21 (Zawya Dow Jones): DP World will sell 20 per cent of its shares, worth at least $3.5 billion, next month in what will be the Middle East's largest initial public offering, the Dubai government-owned company said Sunday.The...
SEOUL, Oct 22 (AFP): South Korea and China will hold a third round of preliminary talks this week on a possible free trade agreement, the foreign ministry said today. About 80 government officials and industry experts from the two nations...
TOKYO, Oct 22 (AFP): The dollar suffered fresh losses against the yen and hit a record low against the euro in Asian trade today as concerns about the US economy sparked another rout on global stock markets, dealers said. The...
GUANGZHOU, Oct 22 (Xinhua): Chinese products are favoured by global buyers at a major important and export fair in Guangzhou, capital of south China's Guangdong province, despite a few product recalls of Chinese products since this summer. Export transactions at...
SINGAPORE, Oct 22 (AFP): Oil prices eased further from record highs in Asia today even as tensions escalated further along the Turkish border with Iraq. New York's key oil futures contract, light sweet crude for delivery in November, was 97...
HANGZHOU, Oct 22 (Xinhua): China's Ministry of Commerce (MOC) announced yesterday the establishment of the country's first-ever textile index system, to better reflect the development of the textile industry and its market. The textile index system is based on data...
WUHAN, Oct 22 (Xinhua): After the Bank of East Asia (China) Co. Ltd opened a brand in Wuhan, capital of Central China's Hubei Province in September, HSBC opened its 14 in China but the first branch in Wuhan on October...
SHANGHAI, Oct 21 (Reuters): PetroChina, China's largest oil and gas producer, said Sunday it was to make an initial public offering of shares in Shanghai that may be China's largest, raising more than $9 billion.Consultations with investors on pricing will...
DUBAI, Oct 22 (PTI): Nearly two weeks after the ban imposed by India on the export of non-Basmati rice, Oman is facing its acute shortage and the prices of all varieties of rice are likely to shoot up further. Suppliers...
MANILA, Oct 22 (AFP): Agricultural investments in the Philippines must shift to high-value export commodities to help lift millions of farmers out of poverty, the World Bank said today. The bank said 40 percent of the country's work force were...
TOKYO (AHN): US giant Wal-Mart Stores Inc. will take full control of leading Japanese retailer Seiyu Ltd., with a mission to prove that its "Everyday Low Prices" motto will work in Japan. The world's largest retailer announced Monday that it...
Refayet Ullah MirdhaTwo more float glass factories are being set up in the country as entrepreneurs see a phenomenal growth in the use of such product in expanding urbanisation.People are increasingly using float glass in windows and doors of their...
Bangladesh has welcomed the introduction of a bill in the US House of Representatives seeking to provide better market access of Least Developed Countries' (LDCs') apparel products to American market, reports UNB.US Congressman Jim McDermott Wednesday introduced the 'New Partnership...
M/s Monticore Technology Ltd, will set up a 50 mw Power Generation Plant in Ishwardi Export Processing Zone (EPZ) with a view to solving the power crisis of the Ishwardi EPZ and its surrounding area involving US$45 million, reports UNB.The...
FE ReportAn agreement on instant cash service has been signed recently between Islami Bank Bangladesh Ltd (IBBL) and Dollarco Exchange Company of Kuwait. The signing ceremony was held at the head office of Dollarco Exchange Co in Kuwait, said a...
Our CorrespondentBOGRA, October 22: Online foreign remittance is gaining popularity in Bogra day by day as subscribers are drawing money within a short time from the senders. All banks in Bogra are providing their clients with online foreign remittance services...
FE ReportAkkas Uddin Mollah was elected chairman and Mohammad Hasan and Syed Nurul Arefeen were elected vice-chairmen of Shahjalal Islami Bank Ltd (SIBL) in the bank's 84th board meeting held in the city recently.Director of the bank Md Towhidur Rahman...
The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Monday welcomed the new US bill "the new partnership for development for act-2007", reports BSS.US Congressman McDermott placed the bill at the US Senate proposing free access of goods from the least...
FE ReportFrom now on, Grameen-phone (GP) Ltd subscribers will enjoy special rates on purchasing batteries, tyres, lubricants, IPSs, and UPSs available at the seven sales outlets of Rahimafrooz Distribution Ltd, said a press release.An agreement to this effect was signed...
Our CorrespondentBRAHMANBARIA, Oct 22: Pottery business in the district is seriously affected as the potters here are facing dearth of capital to run their business, sources said.In the situation, many potters have already left their ancestral profession, as they have...
FE Reportbanglalink and Centre for Environmental and Geographic Information Services (CEGIS) have signed a memorandum of understanding (MOU) in the city recently, said a press release.As per the MoU, CEGIS will be able to disseminate early flood-warning to the disaster...
FE ReportThe lottery for share allotment of Islami Bank Bangladesh Ltd (IBBL) Mudaraba Perpetual Bond will be held Thursday at 11-00 am at the city's Bangladesh-China Friendship Conference Centre.The IBBL floated the bond worth Tk 1.50 billion in a repeat...
Our CorrespondentBRAHMANBARIA, Oct 22: The Agriculture Extension Department (AED) organised a two-day training course for farmers on "apply the modern technology to agriculture" at the district AED office recently.Deputy Director of the local AED Md Rafiqul Islam inaugurated the programme.A...
FE ReportNCC Bank Limited Training Institute arranged the month-long 34th Foundation Training Course for the newly recruited probationary officers of the bank. Chairman of the bank Tofazzal Hossain inaugurated the training course as the chief guest in the city Monday,...
SHANGHAI, Oct 22 (AFP): PetroChina, the nation's largest oil producer, announced it expects to sell about US$5.0 billion dollars of stock on the Shanghai stock exchange next month, state media reported Monday. The company is expected to raise 37.77 billion...
HONG KONG, Oct 22 (AFP): Chinese online trading firm, Alibaba.com, was Monday set to give retail investors details of its Hong Kong listing, in what is expected to be the largest Internet initial public offering (IPO) ever by a mainland...
LONDON, Oct 22 (AFP): World equity markets spiralled lower Monday as Asia and Europe took their cue from a pre-weekend Wall Street slump sparked by renewed US economic fears, credit concerns and record high oil prices. Investors were rattled by...
BEIJING, Oct 22 (AFP): China Monday unveiled a new leadership team expected to give President Hu Jintao a stronger hand in ruling the country for five more years while a successor is groomed to take over in 2012. Hu, 64,...
SIRNAK, (Turkey), Oct 22 (Agencies) : Dozens of military vehicles headed toward the Iraq border and protesters demanded tough action against Kurdish rebels Monday, a day after 12 soldiers were killed in an ambush. The attack has pushed Turkey closer...
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