FE Report A 3-member committee has been formed to prepare for investment of life fund for submission to Securities & Exchange Commission. This was disclosed in a Bangladesh Insurance Association (BIA)-arranged meeting attended by chairmen of all private insurance Continued...
TOKYO, Oct 22 (Reuters): Japan's finance minister said Saturday he would take decisive action against excessive and speculative yen moves, Kyodo news agency reported, threatening to conduct currency intervention after the yen rose to a record high against the dollar....
NANNING, Oct 22 (Xinhua): The China-ASEAN Fund on Investment Cooperation has invested 50 million US dollars to aid in the development of a potash salt ore mine in Laos, the fund operator said Friday. The fund has bought a stake...
NEW DELHI Oct 22 (PTI): Two leading rating agencies, Crisil and Icra, have assigned highest-credit quality ratings to the short-term debt programmes of financial services major Reliance Capital. While Crisil has assigned an 'A1+' rating to Reliance Capital's Rs 60...
MUMBAI, Oct 22 (Reuters): India's No 3 private lender, Axis Bank, reported a higher-than-expected 25 per cent rise in second-quarter profit Saturday. The bank said its net profit in the quarter ending September rose to 9.2 billion rupees ($184.6 million)...
NANNING, Oct 22 (Xinhua): The eighth China-ASEAN Business and Investment Summit (CABIS) started here Friday as state and business leaders explore ways to boost regional growth and cooperation amid concerns over the faltering global economic recovery. Chinese Premier Wen Jiabao...
COLOMBO, Oct 22 (LBO): Tighter corporate disclosure rules helped propel Sri Lanka up the ease of doing business rankings, moving it closer to the target ranking of 30, a regulator said. According to the 'Doing Business Ranking' computed by the...
JAKARTA, Oct 22 (Xinhua): Indonesia will soon be the destination of new investment in the auto parts sector as talks are under way, the Jakarta Post quoted a minister as saying Saturday. Industry Minister MS Hidayat said that investment in...
MADRID, Oct 22 (Xinhua): The number of mortgages granted to prospective home buyers in Spain fell again in August, one more bad news for the Spanish economy, figures showed Friday. August 2011 saw a 41.7-per cent drop in mortgages granted...
Badrul Ahsan Modern processing centre with packaging facilities and efficient and hassle-free airport services can give a big boost to the exports of fresh vegetables and fruits of the country, insiders said. Despite slow growth in exports of fresh vegetables...
LONDON, Oct 22 (AFP): Commodity prices mostly fell this week on eurozone debt tensions, weaker-than-expected Chinese growth data and the death of Moamer Kadhafi, the former strongman in oil-producer Libya. There were late rallies however on hopes that European leaders...
Sonia H Moni The Real Estate and Housing Association of Bangladesh (REHAB) has started taking action against the accused realtors of the country, said REHAB president Nasrul Hamid Saturday. Mr Hamid told the FE, "We had already served show cause...
BEIJING. Oct 22 (Commodity Online): China may extend Sugar import quotas as global sugar prices are witnessing a declining trend. Sugar for March delivery at the Inter Continental Exchange (ICE) traded down 0.17 per cent touching $26.80. According to the...
Shah Alam Nur Readymade garment (RMG) traders have reinforced drive to explore new destinations for exports to expand the existing market, industry leaders said. As part of the move, leaders of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) are now...
A law was formulated over a year back making the use of jute bags in packing food stuff and farm produces mandatory, but the much-hailed law is hardly practiced, reports UNB. Although most of the government agencies have almost come...
The country can extract as much as 4,000 to 7,000 Mega Watts (MW) of electricity along 710 kilometres of coastline from the waves of the Bay of Bengal, a preliminary study done in Cox's Bazar claimed Saturday, reports BSS. Researchers...
Kamrun Nahar Jordan wants to recruit domestic helps from Bangladesh. A report in Jordan Times, a news daily published from Amman, said Jordan wants to recruit these domestic workers through government recruiting agencies in Bangladesh to ensure domestic workers' rights...
Jubair Hasan back from Kushtia Cattle traders in the country's northern region expressed their concern over the sudden rise of highway robberies, saying such lawlessness might discourage them to carry sacrificial animals to the city's cattle markets ahead of Eid-ul-Azha....
MISRATA, Libya, Oct 22 (AFP): Military commanders in the Libyan city of Misrata said Saturday that no post-mortem would be carried out on the body of Muammar Gaddafi despite concerns over how the toppled dictator died. Interim leader Mustafa Abdel...
SOUTHERN SHUNEH, Oct 22 (AP): Jordan's king has urged Israel and the Palestinians to look to the Arab Spring uprisings for inspiration and to restart their stalled peace talks. Abdullah says the future for the Middle East and beyond is...
WASHINGTON, Oct 22 (AP): President Barack Obama Friday declared an end to the Iraq war, one of the longest and most divisive conflicts in US history, announcing that all American troops would be withdrawn from the country by year's end....
UNITED NATIONS, Oct 22 (AFP): The UN Security Council Friday passed a resolution calling on Yemen's President Ali Abdullah Saleh to immediately sign a deal under which he would quit. But Yemen's Nobel Peace Prize winner, Tawakkul Karman, criticised the...
BEIRUT, Oct 22 (AP): Energised by the killing of Libya's Muammar Gaddafi, thousands of protesters in Syria and Yemen poured into the streets and said their longtime rulers will be next. Syrian President Bashar Assad's security forces opened fire on...
UNITED NATIONS, Oct 22 (AFP): Pakistan emerged triumphant Friday from one of the most hotly contested UN Security Council elections in years and played down fears of tensions with the United States and rival India on the world body. Pakistan,...
Chowdhury Md. Usman Ahmmady It was just a few years ago when a professor Rabiul Hasan (pseudonym), considered to be a very talented and popular teacher in his own department in a public university, involved himself in a cheating scandal...
Salahuddin Ahmed Steve Jobs, one of the greatest sons of this earth, died very recently after making a revolution in the information technology in the entire world. Who in the world does not know about IPods, Ipad, Mac Book and...
A gift consists not in what is done or given, but in the intention of the giver or doer. -Lucius Annaeus Seneca A gift, with a kind countenance, is a double present. -Thomas Fuller About astrology and palmistry: they are...
Our Correspondent RANGPUR Oct 22: Harvest of the anti-monga short duration variety paddy BINA 7 is going on in full swing in Rangpur Division combating the monga (seasonal job crisis) everywhere in the region. According to sources the farmers have...
SYLHET, Oct 22 (UNB): At least 8 people, including a pregnant woman, were injured in an attack by a rival group at Goshgao village in Golapganj upazila on Friday. Locals said there was a long running enmity between Moura Mia...
MYMENSINGH, Oct 22 (BSS): Police and Department of Narcotic Control (DNC) in separate drives seized 160 liters of country- made liquor from Muktagacha and Gouripur upazila yesterday. They also arrested two people including a woman on charges of peddling drugs...
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