Sunday 22 December 2024 ,
Sunday 22 December 2024 ,
Latest News
ADB to provide $120m loan

ADB to provide $120m loan

The Asian Development Bank (ADB) is going to help finance the increased transmission capacity of a cross-border electricity link between India and Bangladesh.…
Beximco Pharma receives US FDA approval to 
manufacture Carvedilol

Beximco Pharma receives US FDA approval to manufacture Carvedilol

Beximco Pharmaceuticals Limited has become the first Bangladeshi pharmaceutical company to receive approval for a prescription drug to be manufactured…

Dutch Queen lauds efforts to promote mobile banking

Visiting Dutch Queen Maxima held meeting with Finance Minister Abul Maal Abdul Muhith to discuss ongoing Bangladesh efforts on financial inclusion of marginal people into the mainstream banking system, reports BSS. During a 30-minute talk at finance ministry at secretariat here, they discuss various…

Panel to probe alleged irregularities by Teletalk, says Tarana

State Minister of Post and Telecommunications Division Tarana Halim yesterday said that they would form a high-powered committee to investigate Teletalk’s alleged involvement in corruption, illegal VoIP and other irregularities. “We will select academicians, stakeholders, IT experts and…

Ship building zone in Barguna soon: Minister

The government has decided to set up a ship building and re-cycling zone in Barguna district, Shipping Minister Shajahan Khan said yesterday. “I will visit Barguna next month to select the site. Most of the people in the southern region remain jobless because of continuous natural disasters like…

Oil prices rise

AFP, LONDON: Global oil prices rebounded Wednesday but buying sentiment remains sluggish owing to supply glut woes and a strong dollar. At about 1245 GMT, US benchmark West Texas Intermediate for delivery in December was up 62 cents at $41.29 per barrel. Brent North Sea crude for January delivery rose…

Stocks perform mixed on lower trading

Stocks performed mixed yesterday on low level of activities when major price indices were marginally up, but turnover declined at the country’s twine stock exchanges, reports BSS. The broader DSEX index of Dhaka Stock Exchange (DSE) ended the day flat at 44.96, 68, with the blue-chip DS30 and…

FBCCI demands SME loans at 9pc interest

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) yesterday urged the government to provide bank loans at 9 percent interest for the Small and Medium Enterprises (SME) sector, reports UNB. FBCCI came up with the urge at a views exchange programme on ‘Problems and Possibilities…

ILO launches training

The International Labour Organization (ILO) in collaboration with the Bangladesh Institute of Management (BIM) has launched capacity development training on effective workplace cooperation for workers’ representatives and mid-level managers in the readymade garment (RMG) sector. By the end of…

Dollar holds gains in Asia

AFP, HONG KONG: Signs of a pick-up in US inflation reinforced expectations the Federal Reserve will hike interest rates next month, supporting the dollar in Asia Wednesday but regional stock markets were subdued after rallying the previous day. Traders are also awaiting the release later in the day…

US stocks flat as Walmart, Home Depot gain

AFP, NEW YORK : Wall Street stocks were little changed early Tuesday following better-than-expected earnings from retail giants Wal-Mart and Home Depot and US data showing somewhat higher inflation. About 45 minutes into trade, the Dow Jones Industrial Average was at 17,480.48, down 2.53 points (0.01…

Greece secures deal on next portion of bailout cash

Greece has secured a tentative deal with the eurozone to unlock the latest tranche of financial aid, reports BBC. The two sides have agreed a batch of reforms that will be presented to the Greek Parliament on Thursday. The eurozone countries insisted on the measures before releasing €2bn (£1.4bn)…

Bangladesh gets full licence

Bangladesh got the Full Licence of The Duke of Edinburgh's International Award, says a press release. The Duke of Edinburgh’s International Award Forum (The Forum) 2015 took place from October 28 to November 1 in Canada. This year, Bangladesh got the full licence of the Association as the…

Bangladesh Brand Forum to award local brands

Bangladesh Brand Forum (BBF) in partnership with world’s leading brand research company Millward Brown, Bangladesh will hold the 7th edition of Best Brand Award 2015 on November 21. This event is arranged to honour the leading brands in Bangladesh in 35 categories based on a countrywide consumer…
Chinese emissions to rise despite coal peak

Chinese emissions to rise despite coal peak

AFP, CHANGZHI: Obscured by polluted haze, workers are putting the finishing touches to towering smokestacks on a multi-billion-dollar coal-to-oil plant…
Volkswagen scandal puts brakes on European car market

Volkswagen scandal puts brakes on European car market

AFP, PARIS: European car market growth slowed in October, the European Automobile Manufacturers Association (ACEA) said Tuesday, as the Volkswagen emissions…
Asian markets wary of fresh terror attacks in Europe

Asian markets wary of fresh terror attacks in Europe

Investors in Asia were cautious yesterday amid fears of fresh terror attacks in Europe, reports BBC. Late in the region’s trading day, armed police…

Duty-free loss piles woes on troubled Lotte Group

AFP, SEOUL: Troubled South Korean retail giant Lotte, already struggling with a prolonged founder-family feud, has seen its business woes deepen with the loss of the state licence for one of its biggest duty-free shops ahead of a key IPO. The country’s fifth-largest business group suffered its…
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Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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