Mutual Trust Bank Ltd (MTB) has recently promoted Md Ahsan-uz Zaman to the position of Additional Managing Director (AMD). Prior to this assignment, he was the bank's Deputy Managing Director (DMD) with responsibility for MTB's Corporate & Institutional Banking capabilities,...
Citycell is participating in BCS Digital Expo Sylhet 2012, an annual gala exposition of the latest ICT products. This fair started on January 3 and will end on January 7. With the theme 'Digital Education for Digital Bangladesh', Computer Samity,...
FE ReportThe government's highest economic policy making body -ECNEC, approved setting up of 19 new regional passport offices in Dhaka city and district towns at a cost of Tk 1.04 billion to serve the growing number of machine readable passport...
Bharti Airtel has teamed up with Bangladesh Thallesemia Society to help the blood cancer patients by initiating "mTicketing" service of lottery after getting authorisation from the government. The proceeds of the lottery will be donated for the welfare of patients...
PARIS, Jan. 3 (Xinhua): France's leading energy producer Total announced Tuesday the acquisition of a quarter of shale gas deposits' capital in the United States for 700 million U.S. dollars.Via its subsidiary Total E&P USA, the French group finalised the...
FE ReportSome 2000 young professionals, entrepreneurs, business-executives and activists from eight SAARC countries are expected to meet in Dhaka on 7-8 January at a two-day youth convention. The theme of the convention is: Youth of Rising South Asia: Promises and...
Badrul AhsanBangladesh will raise objection to the US government's withdrawal of GSP facilities on Bangladesh made sleeping bags, a top official of the government said."We will protest the decision through the embassy of the United States (US) in Dhaka after...
Kamrun NaharApparel sector leaders have expressed their doubt over the prediction of 19 per cent export growth in garment sector in FY 2011-2012 mentioned in the sixth five year plan. According to the Export Promotion Bureau, garments exports rose by...
BEIJING, Jan 3 (AFP): The Indian embassy in Beijing Tuesday urged its nationals not to do business in the eastern Chinese city of Yiwu after reports that two Indians there were "mistreated" over allegedly unpaid bills.The incident triggered an official...
KARACHI, Jan 3 (Reuters): The Pakistani rupee traded at a record low on Tuesday because of increased import payments and a deteriotating economic outlook, dealers said."The rupee was traded at 90.20 (to the dollar) and there were import payments of...
MADRID, Jan 3 (AFP): Spanish retailers are offering deep discounts in their post-Christmas sales to try to get cash-strapped shoppers to open their wallets as a sharp economic downturn drags painfully on.Shoppers packed into an outlet of Spanish clothing store...
SEOUL, Jan 3 (Reuters): South Korea said on Tuesday it would allocate more than 40 per cent of its annual budget spending on the current quarter, the most in at least a decade, to cushion the impact from slowing global...
NEW DELHI, Jan 3 (AFP): Bajaj Auto unveiled India's latest ultra-low-cost car on Tuesday, a 200cc four-seater that looks set to compete with the Tata Nano for the title of the world's cheapest auto.The group gave no price for the...
FRANKFURT, Jan 3 (AFP): The German labour market shrugged off the eurozone debt crisis and unemployment dropped to its lowest level in 20 years last year, new data showed Tuesday."The labour market continued to develop positively at the end of...
After previous day's mild retracement the Benchmark general Index DGEN returned back into positive territory gaining almost 1.3 per cent . Traders continued to shy away from banking sector as most of the other sectors had a field day with...
SINGAPORE, Jan 3 (AFP): Singapore's trade-driven economy shrank in the last quarter of 2011, government figures showed Tuesday, raising the prospect of a technical recession as Europe grapples with its debt crisis.Advance estimates released by the Ministry of Trade and...
Shah Alam NurOverseas employment for women had shown a sign of recovery in 2011 with a rise of 10 per cent, fuelled by job-surge in Middle East, officials said.A total of 30579 Bangladeshi female workers secured overseas employment in 2011,...
ROME, Jan 3 (AFP): Global food prices may drop slightly in the coming months but will remain volatile, the new head of the Food and Agriculture Organisation (FAO), Jose Graziano da Silva, said Tuesday."We are expecting that prices will not...
The weekly tea sale Tuesday witnessed blenders were more active especially for liquoring varieties that resulted in further appreciation in the prices for such varieties, said a press statement.Loose Tea buyers lent some support, according to a market report.Better liquoring...
SINGAPORE, Jan 3 (Reuters): Gold rallied more than one per cent and silver jumped over 2 per cent Tuesday as investors returned in the new year with a renewed appetite for riskier assets such as commodities, although global economic worries...
SINGAPORE, Jan 3 (AFP): Oil rose in Asian trade today, underpinned by positive economic data out of China and geopolitical tensions in the Middle East, analysts said.New York's main contract light sweet crude for February delivery gained $1.45 to $100.28...
TEHRAN, Jan 2 (AFP): Iran's currency, the rial, slumped 12 per cent in street trading Monday, accelerating a slide triggered on the weekend when the United States activated new sanctions over Tehran's nuclear drive.The rial was being exchanged for 17,800...
JAKARTA, Jan 3 (Reuters): Malaysian crude palm oil futures rose to a six-week high on Tuesday, buoyed by strong crude prices and expectations of lower output in Southeast Asian producers due to wet weather. Benchmark March palm oil futures on...
Foreign Minister Dr Dipu Moni Tuesday said Bangladesh is interested to offer its seaport facilities to neighbouring Nepal and Bhutan to reap mutual benefit from common resources, reports BSS. "Bangladesh attaches high importance to its relations with close neighbours including...
BENAPOLE, Jan 3 (BSS): Minister for Shipping Shahjahan Khan has said the Benapole Port, country's main land port, would be turned into a world standard Port.He made the announcement while he was exchanging views with the concerned officials of the...
Biman Bangladesh Airlines has announced 20 per cent special discount on tickets of its 13 routes marking the 40 years of the national flag carrier, reports BSS. To avail the discount offer, travelers must confirm their tickets from January 4...
FE ReportA software design competition styled 'Microsoft Imagine Cup 2012', which was introduced by software giant Microsoft worldwide, will begin in May in the country.Students from different private and public universities of the country will participate in the event divided...
MANILA, Jan 3 (Reuters): The Philippines will be assessing the state of overseas markets in the first trading days of the year before finalizing the issue of a planned dollar-denominated global bond of as much as $1.5 billion, officials said...
MUMBAI, Jan 3 (Reuters): India's Reliance Industries Ltd said it would invest in media group TV18's two main companies, marking a major foray into the media sector by the energy-focused conglomerate and giving a boost to its plans to launch...
HONG KONG, Jan 3 (Reuters): Caterpillar Inc, the world's largest heavy machinery maker, has forecast China's construction equipment market to grow 10 per cent in 2012 and the yuan to strengthen versus the US dollar.China, the US company's largest market,...
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