BIA differs with BB’s move
Leaders of the Bangladesh Insurance Association have differed with Bangladesh Bank as the financial sector regulatory body has taken a move to formulate a policy soon that may impose all general insurance... Full storyDSE turnover hits fresh 5-year low
Turnover of Dhaka Stock Exchange dipped to a fresh five-year low on Monday as intense liquidity crisis continued to hurt the market amid shrinking confidence among the investors. DGEN, the benchmark general index of the... Full storyBSEC asks for trading details of 7 cos
Bangladesh Securities and Exchange Commission has asked for trading details of seven listed companies in connection with the stock market manipulations in 2010. In a letter to all stockbrokers and merchant banks last... Full storyInt’l Plastic Fair begins in Dhaka tomorrow
BTRC move delayed as mobile operators oppose changes
Bangladesh Telecommunications Regulatory Authority’s move to amend the joint directives is in limbo as the mobile phone operators are opposing some of the proposed changes to the directives. Full storyIndia raises import tax on gold by 50pc
India raised the import tax on gold to 6 per cent from 4 per cent, a senior finance ministry official said on Monday, as the world’s top gold buyer aimed to curb purchases and rein in its ballooning current account deficit. Full storyS Africa replaces India as China’s No 3 iron ore supplier
South Africa overtook India to become China’s third-biggest iron ore supplier in 2012, while Australia strengthened its dominant position as the major supplier to the world’s biggest iron ore consuming nation, data from... Full storyEuropean stocks edge higher amid US holiday
European share prices mostly rose on Monday in light volume deals amid a public holiday in the United States, but the luxury goods sector was hit by a gloomy outlook from Swiss group Richemont. Full storyYen gains in Asia as Bank of Japan meeting starts
The yen strengthened in Asia on Monday as the Bank of Japan began a two-day meeting widely expected to see it launch further easing aimed at boosting the world’s third-largest economy. The dollar was initially stronger against the... Full storyOil prices ease in Asia after recent rally
Oil prices were lower in Asian trade Monday as investors took profit following gains last week driven by encouraging economic data from the United States and China. New York’s main contract, light sweet crude for delivery... Full storyChina upturn underscores need to rebalance economy
Worst of eurozone debt crisis over, says EBRD
The European Bank for Reconstruction and Development expressed optimism on Monday that the worst of the eurozone debt crisis was over, but trimmed its 2013 growth forecast for the ex-Soviet bloc. Full storyMobile revolution in Myanmar on the cards, but too slow for many
Myanmar is on the cusp of a mobile revolution. Only it’s happening way too slowly for many locals. Last week the government invited expressions of interest for two mobile phone licenses - a first step towards increasing mobile penetration... Full storyIraq oil sales dip last month but 2012 income up
Iraq’s oil exports in December fell due to bad weather and a dispute with the Kurdish region, but the country still saw sharply higher income last year compared to 2011, new figures showed on Monday. Full storyPremier Bank gets new AMD
