Finance

Manufactures gain edge over primary commodities

Saturday, 04 February 2012 00:00

Author / Source : UNB

Dhaka, Feb 3: Buoyed by good performance of readymade garments (RMG), frozen foods, leather and leather goods, export of manufactured goods gained an edge over primary commodities in the first five months (July-Nov) of the current fiscal year (2011-12).

Most foreign aid spent on loan payback

Finance

Saturday, 04 February 2012 00:00

Author / Source : bdnews24.com

Dhaka, Feb 3: More than half of the foreign aid received has been spent paying back interest and instalments of previous loans.

BJMC to export jute products to Thailand, Vietnam

Finance

Saturday, 04 February 2012 00:00

Author / Source : BSS

DHAKA, Feb 3: Bangladesh Jute Mills Corporation (BJMC) will soon start exporting jute products to Thailand and Vietnam.

PetroChina buys stake in Canada shale gas project

Finance

Saturday, 04 February 2012 00:00

Author / Source : AFP

SHANGHAI, Feb 3: State-owned PetroChina said it has agreed to take a 20 per cent stake in a Canadian shale gas project owned by Royal Dutch Shell, China’s latest acquisition of North American natural resources.

BPC seeking $ 200m loan from foreign banks

Finance

Saturday, 04 February 2012 00:00

Author / Source : UNB

Dhaka, Feb 3: Bangladesh Petroleum Corporation (BPC) is looking for Bangladesh Bank’s guarantee against its proposed bid to receive a US$ 200 million syndicated loan from three international banks to import petroleum.
The banks, operating globally, are Standard Chartered Bank, Citi Bank NA, and the HSBC.

Panasonic set for record $10.2b loss

Finance

Saturday, 04 February 2012 00:00

Author / Source : AFP

TOKYO, Feb 3: Japan’s Panasonic on Friday warned it would see its worst-ever net loss of 780 billion yen ($10.2 billion) for the year to March, blaming the strong yen, flooding in Thailand, and acquisition costs.

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