Farmers not getting benefit of high prices of aromatic rice
3.55 lakh farmers to get seed, fertiliser
The government on Tuesday announced a special incentive of Tk 35 crore for marginal farmers to boost Aus production during the current season. Each farmer under the package incentive will get eight... Full storyTrade to dominate Rio+20 summit
BB to close counters for selling new notes, exchanging torn ones
The Bangladesh Bank has decided not to sell new notes of currencies or exchange old and torn notes from its counters from May 2. The central bank in a statement on Tuesday said people would be able to... Full storyStocks rebound on buying spree
Dhaka stocks rebounded strongly on Tuesday with the bourses general index crossing 5,200 points as investors went into a buying spree after easing of fear surrounding the legal battle over mandatory... Full storyHSBC eyes Korea, Pakistan sales in global retreat
Europe’s biggest bank, HSBC, is in talks to sell up in Pakistan and offload retail banking in Korea, part of its withdrawal from countries where it lacks scale or struggles to make a profit. Full storyFrench economy grinds to a halt
France’s economy posted no growth in the first quarter and there are no sign of a strong recovery in activity in the coming months, according to a Bank of France survey on Tuesday. Full storySharp forecasts $4.7b full-year loss
Japanese electronics giant Sharp said Tuesday it would report a full-year loss of about $4.7 billion, as the firm struggles to turn around its sagging liquid crystal display television business. Full storyFed chief says banks need bigger capital buffer
Federal Reserve Chairman Ben Bernanke said on Monday banks need to have more capital at hand in order to ensure the financial system is stable. Bernanke said regulators were taking steps to force... Full storyTroubled eurozone states most at risk from high oil
Oil prices at record levels in euro terms are threatening to rock the eurozone’s economy more than might be expected, with those countries least capable of riding out a shock being the worst hit. Full storyPremier Leasing Securities re-elects chairman
ASM Feroz Alam has recently been re-elected chairman of Premier Leasing Securities Limited in a meeting of the company’s board of directors held in Dhaka recently. Besides being one of the... Full storyBankers’ summit begins in Dhaka Friday
The Bankers’ Summit 2012 will begin in Dhaka on Friday. Bangladesh Bank governor Atiur Rahman is scheduled to launch the three-day summit. The theme for this year’s summit is ‘50 Years of... Full storyEtihad Airways posts 28pc profit in Q1
Etihad Airways registered a 28 per cent rise in revenue to $989 million in the first quarter of 2012 as against the corresponding period in 2011. The number of passengers also soared by 5,00,000 to 2.4 million... Full storyBharti Airtel launches 4G in Kolkata
Bharti Airtel plans to launch its 4G services in Bangalore within 30 days, an executive said, after the country’s largest mobile phone carrier launched the service in Kolkata earlier on Tuesday. Full storyOil down in Asia
Oil was lower in Asian trade Tuesday on profit-taking, erasing early morning gains fuelled by worries about a possible disruption to Middle East crude supplies, analysts said. New York’s main contract, West... Full storyYen edges up against dollar after BoJ policy meeting
The yen edged up against the dollar and euro in Asian trade on Tuesday, reversing an earlier dip, after the Bank of Japan kept rates unchanged while holding off any new monetary easing measures. Full storyIndia challenges US immigration rules
