• Rogue BCL elements need to be demonstratively punished
  • Govt needs to heed lawmakers’ concern over power outages
  • Management services: missing and forgotten
  • Who else could shun greed for power?
  • Washington bets on the Gulf royals
  • Strengthening of ties between Bangladesh, Turkey
  • Italy-based Bangladeshi artist displays his latest works
  • RU Anushilon Natyadal to perform in Kolkata
  • Bombings rock Damascus as peace doubts grow
  • Osama’s family deported to Saudi Arabia
  • Banks still reluctant to expand facility
  • Vegetable prices still high
  • Khulna hit back through Razzak
  • Guardiola quits as Barca coach
  • Poor feeding hits even the rich: study
  • Government not performing its constitutional duties: Dr Kamal
  • Growing political tension worries people
  • Parties urged to avoid confrontational politics
  • JU syndicate bans siege as teachers’ protests on
  • Schoolgirl shot dead, several wounded
HOME  BUSINESS

Banks still reluctant to expand facility

The commercial banks which obtained licences from Bangladesh Bank to operate mobile financial service are still reluctant to expand the service due to lack of initiatives, central bank officials said. Full story

Vegetable prices still high

A customer inquires about the prices of vegetables at a shop in a city market on Friday. Prices of vegetables that went up in the middle of last week due to supply dearth still remained high. — New Age photo
Prices of vegetables that went up in the middle of last week due to supply dearth due to opposition enforced hartal for three consecutive days still remained high in the city markets. The price of local red lentil also increased in the markets by Tk 5 a kg and was selling for... Full story

ADB to help Myanmar, but only after debts cleared

The Asian Development Bank said Friday it was prepared to resume giving financial aid to Myanmar after a 24-year suspension, but only once the government repaid nearly $500 million in debt. Full story

Slower China economy a worry for Western firms

A new container ship under construction at the Qingdao Beihai shipyard in Qingdao, northeast China’s Shandong province on Thursday. As China’s economy cools, some big US and European companies are losing what had been one of their surest growth bets. — AFP photo
As China’s economy cools, some big US and European companies are losing what had been one of their surest growth bets. Caterpillar Inc, 3M Co, United Technologies Corp and ABB Ltd are among the manufacturers that have reported weak performances in... Full story

Rupee falls for 4th week

The rupee posted a fourth consecutive week of falls after ending flat on Friday, as investors add more bearish bets on a local currency that is pricing in deep uncertainties about the country’s economic and fiscal... Full story

Asian markets mixed on US data, Spain downgrade

Asian markets were mixed Friday following an uneven set of data from the United States, while sentiment was weighed by news that Spain’s credit rating had been slashed. Full story

Spain in ‘huge crisis’ after S&P credit downgrade

A trader looks at computer screens at Madrid’s bourse recently. — Reuters photo
Spain’s sickly economy faces a ‘crisis of huge proportions’, a minister said on Friday, as unemployment hit its highest level in two decades and Standard and Poor’s weighed in with a two-notch downgrade of... Full story

Japan economy at a standstill in March

The weak pulse of Japan’s economic recovery slowed again Friday, with mixed figures showing it was struggling to achieve momentum. Household spending climbed, but at a slower than expected rate... Full story

Samsung posts record $5.2b profit in Q1

Samsung Electronics made a record $5.2 billion profit in the first quarter, overhauling Nokia as the world’s top mobile phone seller, and its Galaxy smartphones outstripped Apple’s iPhone at the high end of... Full story

World Bank to return to Myanmar

The World Bank announced Thursday it would open an office in Myanmar in June, a quarter century after the emergence of a harsh military junta forced the end of aid programmes. Full story

IMF calls on Asia to prepare to tighten policies

The IMF said Friday Asia should be ready to tighten monetary policies if overheating pressures emerge, while remaining alert to any future shocks from a still volatile global climate. Full story

S&P cuts Nokia rating to junk

Standard & Poor’s has cut its credit rating on Finnish cellphone maker Nokia to junk on expectations of lower sales, following a similar move by Fitch Ratings earlier this week. Full story


    Saturday, April 28, 2012

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