Sunday 22 December 2024 ,
Sunday 22 December 2024 ,
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Policy rate cut to boost investment

Policy rate cut to boost investment

President of Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) Abdul Matlub Ahmad welcomed the new monetary policy statement (MPS), announced…

BB sees 6.07pc fall in inflation by June

The central bank expects inflation to drop to 6.07 per cent by June this year from 6.20 per cent in December 2015, the governor of Bangladesh Bank (BB) said. The central bank governor said this while announcing the half-yearly monetary policy (January-June 2016) on Thursday. According to the monetary…
$1.3b in remittance received in Dec

$1.3b in remittance received in Dec

The country received $1.307 billion in remittance in December 2015 against $1.275 billion in the corresponding period of the previous year, reports UNB.…
25 missions fail to achieve 
July-Dec export targets

25 missions fail to achieve July-Dec export targets

Twenty-five out of 53 Bangladesh missions abroad have failed to achieve their respective export targets for the July-December period of the current fiscal…

Biman drive to induct aircraft gets good response

Biman Bangladesh Airlines has got an overwhelming response in its move to induct at least two more aircraft under dry lease scheme, reports UNB. “We’ve received 11 proposals ...this is tremendous,” a senior Biman official who is involved in its corporate planning told the news agency.…

TIB report on garments sector baseless: BGMEA

Transparency International Bangladesh’s report on irregularities and corruptions in garments sector is false and motivated, Bangladesh Garment Manufacturers and Exporters Association (BGMEA) said in a press statement yesterday. TIB in a report on Thursday said the supply chain of the country's…

PRAN signs $2.1m export deal with Yemen

PRAN, a processed food company in the country, will export $2.1 million worth of products to Yemen, a press statement said on Thursday.   An agreement was signed between PRAN and Sanaa-based Almoshara Company for General Trading and Cooling Limited at PRAN-RFL Centre in Dhaka last Monday,…

Oil prices ease in Asian trade, stuck near 12-year lows

AFP, SINGAPORE: Oil prices eased in Asia yesterday, with the commodity sitting around 12-year lows as dealers prepare for the return of Iranian exports to the market while US stockpiles increase. However, there is talk that crude -- which has plunged by three quarters in the past 18 months on weak demand,…
Asian markets retreat again as early gains are reversed

Asian markets retreat again as early gains are reversed

AFP, HONG KONG: The volatility that has characterised the start of the year extended into another session yesterday, with beleaguered Asian markets mostly…

Ukraine�s new car sales halved in 2015

AFP, KIEV: Ukraine's new car sales halved in 2015 to levels not seen since the late 1990s, a report prepared by Kiev's Auto Consulting group shows. The market analytics firm attributed the drop in a report released this week to a sharp depreciation of the hryvnia currency that dampened consumer…
BHP Billiton writes down $7.2b of shale assets

BHP Billiton writes down $7.2b of shale assets

AFP, SYDNEY: Plunging global energy prices forced BHP Billiton yesterday to book a US$7.2 billion pre-tax write down against the value of its struggling…
GE sells appliance business to China’s Haier for $5.4b

GE sells appliance business to China�s Haier for $5.4b

AFP, NEW YORK :  US industrial giant General Electric will sell its appliances business to China’s Haier Group for $5.4 billion, it said yesterday,…
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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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