• Another dangerous precedent
  • Agricultural growth versus food security and safe-food security
  • Deadlock in Ashulia industrial belt
  • Tagore dance fest inaugurated
  • Seminar, music presented
  • Bangladesh not yet ready to give India transit: Quader
  • Tensions soar ahead of Egypt poll result
  • Ashraful shows rare consistency
  • Water stagnation acute in Sylhet city
  • Utilities to seek power price increase today
  • Principal sent into forced leave for caning students
  • Another pointer on incumbents’ indifference to stopping river pollution
  • Our Muslim brothers
  • Businesses want separate industrial park for light engineering sector
  • Tensions with Turkey simmer as Assad retains old guard
  • Four-star Germans blast Greeks
  • Government to implement TRM with people’s consent
  • German FM hopes killing of ‘activists’ to be probed
  • AL front leader killed
  • Miners struggle in Spain while the rich spoil
  • Apparel workers rally for wage increase at Ashulia
  • Bapex hits less prospective gas reserve at Srikail
HOME  BUSINESS

Bangladesh not yet ready to give India transit: Quader

Commerce minister GM Quader gestures while speaking at a seminar on ‘Re-export: new opportunity for Bangladesh’ held in Dhaka on Saturday. DCCI president Asif Ibrahim is also seen in the picture. — New Age photo
The commerce minister, Ghulam Muhammed Quader, on Saturday said that Bangladesh was not ready to give India transit now considering the dilapidated condition of roads in Bangladesh. ‘We are in discussion with India about transit. Full story

Businesses want separate industrial park for light engineering sector

Business leaders on Saturday demanded the government set up a separate industrial park for the light engineering sector and allocate special space in the economic zones to promote industrialisation and... Full story

Stocks lose 7pc as panic deepens

Dhaka stocks plunged last week, extending the slide for the second week, amid investors’ protests against free fall in share prices on legal battle worries and the finance minister’s remarks about the market, market... Full story

Muhith stresses planned dev of housing sector

Finance minister AMA Muhith on Saturday stressed the need for planned development of the housing sector in the country and asked the Bangladesh House Building Finance Corporation to carry out their activities... Full story

Pakistan could be vital market for Bangladeshi ceramics, pharmas: envoy

Acting Pakistan High Commissioner to Bangladesh Afzaal Mahmood on Saturday said that Pakistan could become a vital market for Bangladeshi ceramics and pharmaceuticals. At a meeting with the leaders... Full story

bti presents new business concept

building technology and ideas ltd has launched ‘GO-Group OwnershipTM’ — an opportunity to acquire real estate with a limited capital and to be assured of substantial rewards at the same time. Full story

ECB loosens lending rules to ease funding stress

The European Central Bank is to start accepting a wider range of collateral in its lending operations and assets of a lower quality, it said on Friday, its second such move in six months to neutralise growing funding... Full story

Rating agencies under new pressure in Italy

Italian state auditors are investigating whether downgrades of Italy by the three major rating agencies last year hurt the debt-laden country’s finances by making it accelerate austerity measures that have deepened... Full story

BASF gets new MD

N Janakiram Raju has recently been appointed managing director of BASF Bangladesh Ltd. He succeeded Saria Sadique, who took the role of business director - automotive, BASF Corporation Engineering Plastics... Full story

Toyota to move Yaris North American production to France

Toyota Motor Corp said it would transfer its Yaris compact car production for North America to France from Japan in May next year, marking the first time the company will export cars from Europe to that market. Full story

Growth fears spell dour week for Wall Street

Any chance of US markets enjoying a rally last week were torpedoed by warnings about weaker US growth and a sweeping indictment of the world’s largest banks. The Dow Jones Industrial Average ended the five... Full story

MJL Bangladesh Limited

MJL Bangladesh Limited (formerly Mobil Jamuna Lubricants Limited) is the joint venture company between state-owned Jamuna Oil Company and EC Securities Limited (subsidiary of the East Coast Group). Full story

Commodity prices slump on global economic strains

Commodity prices slumped last week, with Brent oil crashing to 18-month lows and metals tumbling, as more dark clouds appeared over an already troubled global economy. Brent crude oil dropped under $90 a... Full story

Euro’s big four agree growth boost, split on bonds

Spanish prime minister Mariano Rajoy, French president Francois Hollande, Italian prime minister Mario Monti and German chancellor Angela Merkel attend a meeting at the Villa Madama in Rome on Friday. — Reuters photo
German chancellor Angela Merkel resisted pressure on Friday for common eurozone bonds or a more flexible use of Europe’s rescue funds but agreed with leaders of France, Italy and Spain on a 130 billion euros package to revive growth. Full story

‘Euro in good shape despite Spain woes’

The euro will survive even if Spain were cut off from capital markets, European Central Bank policymaker Ewald Nowotny said, adding the currency was in solid shape despite financial problems in some member... Full story

Moody’s downgrade gives edge to safe-haven banks

Major ratings downgrades by Moody’s will further divide the world’s biggest banks based on their strength and access to cheap customer deposits. The ratings, released Thursday by Moody’s Investors Service... Full story

US judge blocks Apple in Google smartphone war

A US judge on Friday ruled that Apple Inc could not pursue an injunction against Google’s Motorola Mobility unit, effectively ending a key case for the iPhone maker in the smartphone patent wars. Full story

India to unveil measures to check rupee’s slide

India will unveil measures on Monday to arrest the slide of its currency, finance minister Pranab Mukherjee said on Saturday, a day after the rupee hit a new record low against the dollar. Full story


    Sunday, June 24, 2012

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