BEIJING, Aug 28 (Xinhua): China's actual use of foreign direct investment (FDI) had cumulatively exceeded 750 billion US dollars by the end of June this year since the beginning of its opening-up policy in 1978, according to a senior commerce...
WASHINGTON, Aug 28 (AFP): Sales of existing US homes fell in July to the lowest level in nearly five years and the glut of unsold properties surged as credit tightened amid rising foreclosures, an industry survey showed yesterday. The National...
AHMEDABAD, Aug 28 (PTI): A "medical textile" that uses shrimp shells to promote rapid blood clotting and has military applications is being developed by a research body here. The research done by the Ahmedabad Textile Industry's Research Association (ATIRA) could...
Concern Worldwide Bangladesh, an international charity organisation signed a deal with the Pragati Life Insurance Limited for group hospitalisation insurance coverage for the employees along with their dependent family members at a city hotel recently, said a press release.Concern Worldwide...
FE Report Country's cooperative societies are playing a vital role in poverty alleviation and reduction of unemployment problem. Dhaka District Cooperative Officer Nabirul Islam made the observation while speaking as the chief guest at the Performance Awarding ceremony organised by...
KUALA LUMPUR, Aug 28 (AFP): Malaysia, the world's top producer of palm oil, said Monday that output in 2007 will likely fall to 14 million tonnes, the lowest in two years and below expectations after heavy flooding. Sabri Ahmad, chairman...
SINGAPORE, Aug 28 (AFP): World oil prices traded slightly higher in Asia today after sharp gains in New York as fears receded about an economic crisis from US credit woes, dealers said. New York's main oil futures contract, light sweet...
HANOI, Aug 28 (Xinhua): Vietnam is expected to have it's first and biggest center for supplying raw materials and accessories to the garment and footwear sectors next year, Vietnam News newspaper reported today. The center, which has already been constructed...
FE Report The country's apex trade body demanded Tuesday intervention by the central bank in the market in a bid to rein in prices of essentials during the holy month of Ramadan.The Federation of Bangladesh Chambers of Commerce and Industry...
The Election Commission(EC) has decided to start dialogue with political parties on electoral reform issues starting September 12, the chief election commissioner said Tuesday, report bdnews24.com/UNBCEC ATM Shamsul Huda told reporters that invitations for dialogue would be sent out to...
The High Court (HC) Tuesday stayed the proceedings of an audit-related case against BNP Chairperson Khaleda Zia in the trial court, reports bdnews24.comThe HC also declared the troubled Dinkal Publications Ltd defunct. Khaleda was one of its directors. Earlier, the...
Shamsul Huq Zahid Has anyone ever considered the need for preparing a roadmap for the agricultural sector that despite its declining share in the gross domestic product (GDP) remains to be the prime mover for economic progress of the country?...
Refayet Ullah MirdhaThe Securities and Exchange Commission (SEC) Tuesday gave approval to 'Citigroup Global Markets Bangladesh Limited' to operate as merchant bank in the country's securities market.'Citigroup Global Markets Bangladesh Limited' is the first foreign entity allowed to conduct merchant...
The holy Shab-e-Barat or the night of fortune will be observed in the country today (Wednesday) with due religious fervour, reports UNB.Muslim devotees will spend the night in reciting the holy Quran and offering special prayers, seeking divine blessings for...
GAZIPUR, Aug 28 (UNB): Army Chief General Moeen U Ahmed Tuesday differed with Law Adviser Mainul Hosein's views that the present government is an army-backed national government."I don't think so. Government is here and it's a caretaker government," he said...
Doulot Akter MalaThe National Board of Revenue (NBR) received disclosure of only small amounts of undisclosed income over the past four weeks despite extension of time.The board has been getting response from the holders of small amounts of undisclosed money....
Jasim Uddin Haroon The Customs authorities through an order issued recently made stuffing of a container with goods imported under more than one letter of credit (LC) pretty expensive. The order was issued, according to sources, to help curb irregularities...
FE ReportThe Executive Committee of the National Economic Council (ECNEC) approved Tuesday the construction of much-talked about Bijoysarani extension road linking the Tejgaon industrial area.It also endorsed seven other development projects, including installation of Haripur 360-megawatt (MW) power plant, at...
A one-stop service centre begins its operation at Agargaon Regional Passport Office in the city today (Wednesday). Passport endorsement, including changes in profession, name or date of birth, could be obtained from the service centre in a single day, official...
The Corporate Social Responsibility (CSR) Centre Deed of Trust was formally signed at the Bangladesh Enterprise Institute (BEI) Tuesday with eight executors, including corporate and non-corporate members. The Trust has been formed to set up a CSR Centre in Bangladesh,...
Bangladesh Chemical Industries Corporation (BCIC) has allocated 214,014 tonnes of urea fertiliser for distribution among the farmers in September. According to a press release, issued by BCIC general manager Abdur Rashid, allocation of the urea fertiliser has been made as...
S M JahangirThe government is considering leasing out its closed jute mills to the private sector to help resume their production under efficient private entrepreneurs. "A move to lease out the operations of the recently closed state-run jute mills to...
FE Report The caretaker government has approved some amendments to the Bank Companies Act 1991, which will strengthen Bangladesh Bank’s (BB) monitoring and supervisions aiming to ensure good governances in the banking sector.The Council of Advisers of the caretaker government...
FE ReportThe total market capitalisation of Dhaka Stock Exchange (DSE) has crossed the $ 8.0 billion (800 crore) mark for the second consecutive day Tuesday amid the rally of share prices.The total market capitalisation of the DSE Tuesday rose to...
The country has so far received commitments of Tk 5.0 billion (500 crore) from foreign countries for flood relief and rehabilitation, reports BSS.Of the total commitments, a substantial quantity of relief goods has already reached the country, said a Foreign...
The death toll from flood-related incidents like drowning, waterborne diseases and snakebites rose to 728 with 19 fresh deaths reported in the last 24-hours until Tuesday morning, reports UNB. Meanwhile, the flood situation improved remarkably in the affected districts, as...
FE ReportThe country's manpower export to South Korea is likely to start in October this year, sources said."We have already given our opinion on the draft agreement on language proficiency test that South Korean government had sent to us for...
Finance and Commerce Adviser Mirza Azizul Islam Tuesday said the country's knitwear industry could withstand the upcoming threat of losing European market to China through coordinated efforts by the industry and the government, report UNB/ bdnews24.comThe adviser came up with...
A British High Commission spokesman Tuesday issued a statement clarifying the UK's position regarding the recent unrest in Bangladesh, reports UNB.The spokesman in a release said, "We're pleased that a situation has been reached in which the curfew could be...
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