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Top opposition Bangladesh politician abducted amid unrest DHAKA: A prominent Bangladesh opposition politician was abducted on Tuesday, allegedly by police, days after he appeared to say he was open to seeking military intervention to end the country's deadly political crisis.The family of Mahmudur Rahman Manna, 63, who has been trying to forge an alternative third political force in Bangladesh, said he was picked up by plain-clothed police officers from his niece's home in the capital Dhaka."There were four to five men. They said they were from the DB (police detective branch). They asked him to go with them," Manna's niece Shahanama Sharmin told AFP. "They led him away on a micro-bus at around 3:30am," she added.The abduction is the latest twist in weeks-long turmoil led by the main opposition Bangladesh Nationalist Party (BNP) and its allies in efforts to topple Prime Minister Sheikh Hasina and force fresh elections.Confined by authorities to her office on January 3, BNP ...

Japan Inc shops abroad to duck bleak domestic prospects TOKYO: With shrinking prospects at home and the threat of further yen weakness, Japanese companies are rushing to buy overseas and seem willing to pay top dollar, as shown by Japan Post's $5 billion bid for Australia's Toll Holdings.Over the long term, Japan's demographics give a bleak prognosis for domestic demand; the population has been falling for a decade and is projected to drop from 127 million to 87 million by 2060, 40 percent of ...
India's Gandhi scion takes break to 'reflect' on party future NEW DELHI: Beleaguered Indian Congress party leader Rahul Gandhi is taking a break from politics to "reflect" on the future course of his party after a series of electoral defeats, officials said Monday.Gandhi has been heavily criticised for his lacklustre leadership as number two in the Congress, which has suffered a series of state election defeats since its disastrous performance in national polls last year."He has sought a few weeks of leave to reflect on ...
India investigates suspected polio in two toddlers NEW DELHI: Indian health workers are investigating two new suspected cases of polio in the impoverished east, a year after the country celebrated eradication of the crippling virus, an official said Monday.The boys, both aged two, from neighbouring villages in Bihar state have been isolated after developing fever and severe weakness in their limbs earlier this month, leaving them unable to walk, the official said.Uday Kumar Choudhary, chief medical officer for Darbhanga district, where the ...
India must grow, fulfil reform promise for rating upgrade MUMBAI: India must boost growth, cut its fiscal deficit and fulfil promises of financial and fiscal reforms in order to justify an upgrade in a credit rating, currently lodged one rung above junk bond territory, rating agency Standard & Poor's said on Monday.S&P raised India's credit rating outlook to 'stable' from 'negative' in September, citing the prospect of reforms. The agency, in a news release issued on Monday, listed what it needed to see to ...
Maldives court to decide whether to bail ex-president MALÉ: A court in the Maldives will decide Monday whether to grant bail to former president and opposition leader Mohamed Nasheed, a day after his surprise arrest on terrorism charges.Hundreds of party activists took to the streets shouting anti-government slogans after Nasheed, the country's first democratically elected president, was detained on Sunday.The Maldives is a major tourist attraction, but political unrest has dented its image as a peaceful island paradise in recent years -- particularly ...
India vows tough action over energy documents 'leak' NEW DELHI: India vowed the "strictest punishment" Saturday against anyone involved in stealing top-secret documents from the country's petroleum ministry and selling them to energy companies, as the number of people arrested over the scam rose to 12.Five senior executives from top refineries including Reliance Industries, Essar Oil and Cairn India were arrested late Friday following a major police sting operation to trap those responsible for leaking the classified documents, police said.Seven others -- two ...

 



 
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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyMarch
Trade Balance $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyApril 16, 2015
Reserves $16.818 bln