Rain or thundershowers accompanied by temporary gusty or squally wind is likely at a few places over Dhaka, Barisal and Chittagong divisions and at one or two places over Khulna, Rajshahi, Rangpur and Sylhet divisions in next 24 hours till...
FE Report Local denim makers are struggling to survive, as they have lost at least 70 per cent of buy orders over the past few months, due to high prices of raw cotton and new GSP rules. Industry insiders warned...
FE ReportPrices of onion and sugar witnessed a fresh hike while that of Minicate rice decreased in the city's kitchen markets, traders said Friday. Traders said prices of Minicate rice were down mainly due to arrival of new variety in...
CHITTAGONG, Apr 29 (UNB): Industries Minister Dilip Barua has said the state-owned industrial units would have to prove operational efficiency to survive in the competitive market. "The state-owned industrial units will have to make profit by competing with private-sector units,"...
Talha Bin Habib The government has planned to bring back the glorious past of the silk industry, considering the potentials of the sector, officials said. To this effect, the ministry to textiles and jute will initiate steps so that every...
Apr 24 - 28, 2011 Commercial Bank of Ceylon The greenback against local currency was under pressure last week. During the first nine month of the current financial year (2010-11) import payments recorded nearly 42 per cent growth as against...
Md Abdul Halim has been made managing drector of Rajhahi Krisi Unnayan Bank (RAKUB) recently. He was the deputy managing director of the bank prior to his promotion. He completed his masters degree from Dhaka University in Public Administration. He...
National Bank Limited (NBL) and Barind Multipurpose Development Authority (BMDA) has signed memorandum of understanding (MoU) on Agricultural and Rural Credit sponsored by the bank. Managing Director of NBL Neaz Ahmed and Executive Director of BMDA Shafiqur Rahman signed the...
KFC (Kentucky Fried Chicken), a concern of Transcom Foods Limited, has opened its outlet at Purana Paltan in the city. Transcom Foods Executive Director Akku Chowdhury formally inaugurated the outlet in presence of celebrities and media people Friday. Addressing the...
NEW DELHI, Apr 29 (Commodity Online): A day after India and Pakistan restarted trade talks, both could be poised to test their wheat export records, signalling that nearly eight million tonnes in extra supplies could hit the market, according to...
LONDON, Apr 29 (Reuters): Gold steadied Friday, just shy of fresh record highs and set for its seventh successive weekly gain, driven largely by the decline in the dollar to its lowest in nearly three years. The dollar fell to...
YANGON, Apr 28: Myanmar and China plan to build a railroad together that will link China's landlocked Yunnan province to a deep-sea port being built in Myanmar's Rakhine state. The state-run newspaper New Light of Myanmar reported Thursday the project...
Rain or thundershowers accompanied by temporary gusty or squally wind is likely at a few places over Dhaka, Barisal and Chittagong divisions and at one or two places over Khulna, Rajshahi, Rangpur and Sylhet divisions in next 24 hours till...
FE ReportBearish trend at the Dhaka Stock Exchange (DSE) continued for the third running week amid substantially low turnover in the trading session. The week's trading was also marked by violent streets protest by the small investors. The angry investors...
ICB Asset Management Company Limited (ICB AMCL), a subsidiary of Investment Corporation of Bangladesh disclosed net asset value (NAV) of two unit funds Thursday, said press releases. The funds are- ICB AMCL Pension Holders' Unit Fund and ICB AMCL Unit...
Deputy Managing Director of Phoenix Finance & Investments Limited M Shah Alam has been awarded Doctor of Philosophy (PhD) from Oxford Trent University, Texas, USA recently on Total Quality Management (TQM) through Institute of Resource Management, said a press release....
Dividends IFIC Bank: The board of directors of IFIC Bank has recommended 27 per cent stock dividend for the year that ended on December 31, 2010. The AGM of the company will be held at Bashundhara Convention Centre, Block #...
Prime Finance Asset Management Company Limited (PAMC) has declared the Net Asset Values (NAV) of Prime Financial First Unit Fund, the first private sector unit fund in Bangladesh, according to a press release. The total NAV of Prime Financial First...
Md Abdul Halim has been made managing drector of Rajhahi Krisi Unnayan Bank (RAKUB) recently. He was the deputy managing director of the bank prior to his promotion. He completed his masters degree from Dhaka University in Public Administration. He...
National Bank Limited (NBL) and Barind Multipurpose Development Authority (BMDA) has signed memorandum of understanding (MoU) on Agricultural and Rural Credit sponsored by the bank. Managing Director of NBL Neaz Ahmed and Executive Director of BMDA Shafiqur Rahman signed the...
KFC (Kentucky Fried Chicken), a concern of Transcom Foods Limited, has opened its outlet at Purana Paltan in the city. Transcom Foods Executive Director Akku Chowdhury formally inaugurated the outlet in presence of celebrities and media people Friday. Addressing the...
NEW DELHI, Apr 29 (Commodity Online): A day after India and Pakistan restarted trade talks, both could be poised to test their wheat export records, signalling that nearly eight million tonnes in extra supplies could hit the market, according to...
LONDON, Apr 29 (Reuters): Gold steadied Friday, just shy of fresh record highs and set for its seventh successive weekly gain, driven largely by the decline in the dollar to its lowest in nearly three years. The dollar fell to...
YANGON, Apr 28: Myanmar and China plan to build a railroad together that will link China's landlocked Yunnan province to a deep-sea port being built in Myanmar's Rakhine state. The state-run newspaper New Light of Myanmar reported Thursday the project...
Rain or thundershowers accompanied by temporary gusty or squally wind is likely at a few places over Dhaka, Barisal and Chittagong divisions and at one or two places over Khulna, Rajshahi, Rangpur and Sylhet divisions in next 24 hours till...
KATHMANDU, Apr 29 (Xinhua): Nepal Oil Corporation, which has slashed fuel import by 40 per cent, is on the verge of running out of its diesel and petrol stock, informed sources revealed to Friday 's The Himalayan Times. NOC's Thankot...
NEW YORK, Apr 29 (AFP): The Empire State Building will be illuminated in blue, white and red late Friday in honor of the royal wedding of Prince William and Kate Middleton, management of the iconic skyscraper said Thursday. The building's...
KADUNA (Nigeria), Apr 29 (AFP): Nigeria has wrapped up a landmark election season, but thousands remain displaced by post-poll riots, living in increasingly squalid conditions and shaken by narrow escapes from armed mobs. Camps for the displaced have sprung up...
Dividends IFIC Bank: The board of directors of IFIC Bank has recommended 27 per cent stock dividend for the year that ended on December 31, 2010. The AGM of the company will be held at Bashundhara Convention Centre, Block #...
Prime Finance Asset Management Company Limited (PAMC) has declared the Net Asset Values (NAV) of Prime Financial First Unit Fund, the first private sector unit fund in Bangladesh, according to a press release. The total NAV of Prime Financial First...
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