• Education budget needs to be substantively increased
  • Umbrella for garment workers
  • Need for cultural enlightenment generally ignored
  • Infusing life into logs
  • Syria promises ceasefire
  • Enthusiasm marks Pahela Baishakh preparations at Charukala
  • Saber eyes BCB return
  • GDP growth to dip to 6.2pc: ADB
  • Power cuts in EPZs stifle production
  • Huge quakes stir panic, but no big tsunami
  • Streamlining errant drug companies essential
  • Where is democracy?
  • Branding Bangladesh through RMG
  • Chhayanaut finalises Pahela Baishakh celebrations
  • N Korea fuels rocket for anniversary launch
  • CU gets ready for Pahela Baishakh celebrations
  • Ray of light at end of tunnel
  • Stock advisory committee chief for action against demutualisation body
  • DU teachers ask govt to free the detained
  • Mild tremor felt across country
  • The Afghan syndrome
  • DCs to launch no adivasi campaign
  • Suranjit’s APS suspended
  • The ADB country chief Teresa Kho speaks at the launching of ‘Asian Development Outlook-2012’ in Dhaka on Wednesday. ADB senior country economist Zahid Hossain is also seen. — New Age photo

HOME  BUSINESS

GDP growth to dip to 6.2pc: ADB

The ADB country chief Teresa Kho speaks at the launching of ‘Asian Development Outlook-2012’ in Dhaka on Wednesday. ADB senior country economist Zahid Hossain is also seen. — New Age photo
The Asian Development Bank on Wednesday said that Bangladesh’s economy would grow by 6.2 per cent in the current fiscal year, much below the government’s projection of 7 per cent growth. Full story

Stock advisory committee chief for action against demutualisation body

The head of the stock market advisory council, Mohammed Farashuddin, has recommended for initiating action against a government committee for giving false pledge about... Full story

Local shipbuilder hands over cargo vessel to German co

A sea-going multipurpose vessel, ENZIAN, built by Bangladeshi company Ananda Shipyard and Slipways Limited, was handed over to its German buyers on Wednesday. Full story

‘Goldmine’ Myanmar set for rising growth: ADB

Abundant natural resources, a strategic position in Asia and soaring tourist arrivals make Myanmar a ‘goldmine’ poised for accelerating economic growth, the Asian Development Bank said Wednesday. Full story

Apple market value hits $600b

Apple, already the world’s most valuable company, hit the $600 billion level for the first time Tuesday. Only one other company has been worth $600 billion... Full story

Market Disclosures

HR Textile The company has informed that it has credited the bonus shares for the year ended on September 30, 2011 to the respective shareholders' BO accounts on... Full story

Asian markets hit by fresh Europe fears

Asian markets mostly fell further on Wednesday following heavy losses in Europe and the United States on fresh eurozone debt worries and concerns over the global recovery. Full story

Yen rises against greenback

The yen firmed against the dollar in Asian trade Wednesday, as fresh worries about the eurozone debt crisis sent risk-averse investors flocking to the safe-haven currency. Full story

Oil up in Asia, but Europe woes cap gains

Oil prices edged higher in Asian trade Wednesday after heavy losses in New York but sentiment was dampened by renewed jitters over European debt and weak economic data from China, analysts said. Full story

Asia to maintain growth amid global woes: ADB

Emerging Asian economies will experience flat growth this year before recovering in 2013, the Asian Development Bank said in a regional report released Wednesday. Full story

Coalbeds spur unconventional gas supply boom in China

After more than a century ripping out its insides to supply coal to the rest of the country, the heavily mined and polluted province of Shanxi in northern China is in the midst of a gas boom. Full story

Tokyo bourse to help open Myanmar’s first exchange

Tokyo’s stock exchange said Wednesday it would help Myanmar open its first bourse by 2015, the latest example of business eyeing the isolated nation after a string of recent reforms. Full story


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