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Japan logs record $134B trade deficit in FY 2013

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Tokyo, Apr 21 (AP) - Japan's trade deficit surged nearly 70 percent to a record 13.75 trillion yen ($134 billion) in the last fiscal year, the third straight year of deficit, as exports failed to keep pace with surging energy costs.

The Finance Ministry reported Monday that exports in the year that ended March 31 rose 10.8 percent over the year before to 70.8 trillion yen ($690.5 billion) while imports climbed 17.3 percent to 84.6 trillion yen ($825 billion).

Preliminary data showed the...

Fareast Islami Life Ins to form subsidiary

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Staff reporter

The Fareast Islami Life Insurance Company Ltd on Monday informed that the Board of Directors of the company has decided to form a subsidiary company, named Fareast Islami Properties Ltd.

The Authorized Capital of the new company would be Tk 50 crore while the Paid up Capital Tk...

MJL for 25% cash dividend

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Commerce Reporter

The Board of Directors of MJL Bangladesh Limited on Monday recommended 25 percent cash dividend for the year ended on December 31, 2013.

The Annual General Meeting (AGM) of the company will be held on June 28, 2014 at 11:00 am at Chittagong Boat Club. The Record Date is...

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