• Army to remain deployed from Dec 26 to Jan 9
  • EU halts deployment of polls monitoring mission
  • Zohra Tajuddin no more
  • Jatiya Party not in election race: GM Quader
  • HT Imam warns of stern action against BNP
  • Khaled Khan dies
  • Explosions at Kazi Zafar’s council
  • 100 petrol bombs recovered in the capital, 2 arrested
  • 60-km tailback on Dhaka-Ctg highway
  • BNP leader shot dead in Tangail
  • Pilot train derails in Brahmanbaria
  • North Korea warns of 'merciless' strike against South
  • Philippine mayor among four dead in Manila airport ambush
  • Over 75 injured in partial London theater collapse
  • A file photo shows a man refuelling octane at a filing station in Dhaka. — New Age photo

  • Merchandise baskets are lined up outside a Target department store in Palm Coast, Florida recently. — Reuters photo

HOME  BUSINESS

Ruling party men bag 5 more insurance cos

The polls-time government, formed to perform routine activities only in the run up to the upcoming national elections, on Thursday awarded licences to five new insurance companies owned by businessmen loyal to Awami League. Full story

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Reserve crosses $18b as idle dollar keeps swelling

The country̢۪s foreign exchange reserve crossed $18-billion mark on Thursday after Bangladesh Bank purchased fresh US dollar worth $2.28 billion in the first five months and 19 days of the current fiscal year to... Full story

IMF limits foreign loan to $775m by June 2014

A file photo shows a man refuelling octane at a filing station in Dhaka. — New Age photo
International Monetary Fund has asked the government to limit borrowing from foreign sources to $775 million by June 2014 for fuel oil import by the Bangladesh Petroleum Corporation, officials said. The condition has been tagged with... Full story

Govt to give stimulus to RMG exporters

Finance minister AMA Muhith on Thursday said readymade garment exporters will be given stimulus to recoup the losses they have incurred because of lingering political unrest. He, however, told reporters... Full story

Gold stumbles to 6-month low

Gold slid more than 1 per cent on Thursday to its lowest since late June after the US Federal Reserve took its first step away from the ultra-loose monetary policy that had helped drive bullion prices to record highs in recent years. Full story

Stocks end flat in volatile trading after 4-day fall

Dhaka stocks ended four-day losing streak on Thursday with the bourse̢۪s general index inching up by 4.50 points amid volatile trading as investors remained skeptical about the possibility of end to the ongoing political impasse. Full story

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Target says data from 40m bank cards stolen in holiday period

Merchandise baskets are lined up outside a Target department store in Palm Coast, Florida recently. — Reuters photo
Target Corp said data from about 40 million credit and debit cards might have been stolen from shoppers at its stores during the first three weeks of the holiday season, in the second-largest card breach at a US retailer, reports Reuters. Full story

Despite bank deal, EU stumbles on economic integration

European leaders have put the economic crisis behind them by agreeing a landmark bank deal, but stumbled on deeper economic reforms and defence policy, highlighting the tough road to greater EU integration. Full story

EU summit buoyed by landmark bank deal

The European Union took a historic leap towards greater integration just hours ahead of a summit on Thursday, with a deal on a banking union to prevent a re-run of the eurozone̢۪s recent crisis. German chancellor... Full story

Facebook, Zuckerberg must face IPO lawsuit: judge

Facebook chief executive Mark Zuckerberg and dozens of banks must face a lawsuit accusing the social media company of misleading investors about its health before its $16 billion initial public offering, a federal judge said. Full story

Cuba lifts 50-year-old restrictions on car imports

Cuba announced Thursday it will allow unrestricted car imports for the first time in half a century, marking the end of an era that made icons of the island̢۪s vintage automobiles. Full story

Airtel launches 3G in Sylhet

Airtel Bangladesh Limited has launched its 3G network in considerable parts of the Sylhet metropolitan city as part of its 3G roll-out plan. Right after its network outreach in the capital city, Dhaka, and... Full story

India okays interest-free loan to sugar mills

The cabinet has approved a scheme of interest free loans to sugar mills, food minister KV Thomas said on Thursday, as part of a bail-out package to beleaguered mills. Under the approved scheme, banks will provide interest... Full story

Dollar down against yen

The dollar edged down against the yen Thursday after hitting five-year highs in New York in response to the US Federal Reserve's decision cut back its stimulus programme next month, citing a pick-up in the economy. Full story

Market Disclosures

Northern Jute Manufacturing Co Ltd The company has informed that due to unavoidable circumstances, the 33rd AGM of the company will now be held on December 27, 2013 at 2:45pm instead... Full story


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