FE ReportThe Hongkong and Shanghai Banking Corporation (HSBC) Limited, Bangladesh has recently closed two EUR-USD Seagull Transactions with ACI Group - one of the country's largest business conglomerates. One of the first of their kind in Bangladesh - the Seagull...
The Association of Mobile Telecom Operators of Bangladesh (AMTOB) has elected Mehboob Chowdhury, the CEO of Citycell, as its Chairman. Tore Johnsen, CEO of Grameenphone, has been elected as the Vice Chairman. AMTOB represents all the six cellular mobile phone...
It is admitted as a matter of general principle that economic growth must not be stifled by excessive governmental regulations. Growth is, no doubt, supremely required. But we must not forget that regulations to ensure quality of goods or services,...
The wealth and geo-political importance of the Arab world cannot be overemphasized. The USA and NATO always follow a 'divide and rule' policy in the Arab world and take military action against any Arab country as an when necessary for...
Badrul AhsanBangladesh Bank (BB) is set to penalise banks for non-compliance with its directive regarding disbursement of farm loans, a top central bank official said. He said state-owned, private and foreign banks will come under the potential punitive action of...
FE ReportBangladesh has failed to achieve at least 50 per cent investment share of the relocated Chinese footwear industries due to shortage of skilled labour force, said a leading entrepreneur of the country. India has won 80 per cent share...
FE Report Nearly 100 manual re-rolling mills with a combined capacity of around 900 tonnes a day were shut down over the last few months, mainly due to inadequate supply of raw materials from ship breaking yards, owners said Wednesday....
FE ReportWorker leaders at a roundtable Wednesday said formation of trade unions in the garment sector can bring back the trust of the labours towards the owners by establishing mutual understanding. They expressed apprehension that delay in allowing trade union...
FE ReportThe government will provide loan for modernisation of the country's rice mills, Industries Minister Dilip Barua said Wednesday. "Productivity of traditional rice mills can be increased by three to five per cent by using modern technology," he said. The...
A. Quader after retiring from Bata Shoe Company (Bangladesh) Ltd. concluding 32 years of service in retail and marketing, Joined Jennys International Ltd. as Managing Director with a very aggressive business expansion plan of the company for next 05 (five)...
Bangladesh earned US$ 352.26 million in the last fiscal year (2009-2010) through international, regional and single country trade fairs abroad. During the period more than 25 such fairs were organised by the Export Promotion Bureau (EPB) in different countries, EPB...
SHANGHAI, April 27 (Reuters): Huawei Technologies Co Ltd, the world's No 2 network equipment maker, expects revenue to reach the $100 billion mark in a decade, driven by sales of telecom devices and smartphones, despite a slowdown in revenue growth...
STOCKHOLM, April 27 (AFP): Sweden's Volvo Group, the world's second-largest truck maker, posted better-than-expected first-quarter earnings Wednesday thanks to increased sales, but warned the disaster in Japan could impact its second quarter. From January to March, the net profit of...
STOCKHOLM, April 27 (AFP): Swedish household goods manufacturer Electrolux reported a 50-per cent drop in net profit for the first quarter Wednesday, undershooting expectations and blaming a rise in raw materials costs. In the first three months of the year,...
MOSCOW, April 27 (Xinhua): The Russian Chamber of Commerce and Industry (CCI) would further facilitate economic and trade cooperation with China, newly elected chairman Sergei Katyrin said Tuesday. During a meeting with Chinese ambassador to Russia Li Hui, Katyrin said...
MUMBAI, April 27 (PTI): Automobile lubricant maker Castrol India Ltd Tuesday reported a jump of 16.55-per cent in its net profit at Rs 1.37 billion for the first quarter ended March 31, 2011. The company had a net profit of...
NEW YORK, April 27 (AP): Luxury handbag maker Coach's third-quarter net income rose 18 per cent as higher demand in North America helped offset an estimated $20 million hit to its revenue from Japan's tsunami and earthquake. The results Coach...
The Benchmark General Index DGEN showed signs of reversal after couple of weeks of bearish trend as the market registered gain of 4.77%. Upon resumption of trading the market was quite flat for the first couple of hours. However, it...
Abdul AlimSo, what is the way out? It is simply awareness and information dissemination that can ensure a recruit to pay as near as possible to the actual official rate of a recruiting agent. He does not know where to...
Farid AhmedThe rate of inflation is still persists in Bangladesh at a high level. This calls for special and careful handling by the government as its consequence, non-stop rising prices of basic consumer goods, is seriously hurting common or non-affluent...
Sheikh Hasina wants to prove herself that she is working for the women of Bangladesh by introducing new women's policy. She also reiterated her strong faith in Allah. But the question arises: Do we need any special policy for women...
The Prime Minister, Sheikh Hasina, opened online version of textbooks for primary and secondary education under a project Access to Information (A2I) Project at the PM's Office last Sunday. But all the books were already in the Internet in an...
FE ReportA special team of the Titas Gas Transmission and Distribution Company Limited disconnected 10 commercial and domestic gas connections in Dhaka, Gazipur, Narayanganj and Mymensingh for adopting unfair means. The Titas monitoring team scrutinised a total of 519 gas...
Our CorrespondentCHITTAGONG, Apr 26: Two Indian Coastguard ships Vajra and Raziya Sultana with modern armament and equipment are on a five-day goodwill visit to the Chittagong Port. The coastguard ships with 25 officers and 155 crews arrived at the port's...
Talha Bin Habib VLCC, known for its scientific weight loss solutions and its therapeutic approach to beauty treatments across the globe, started its operations in Bangladesh to help gain people physical fitness by reducing their bodies overweight. "We are very...
The government has formulated a new guideline banning corporal punishment in educational institutions. The government decision follows a High Court ruling on Jan 13 that declared such punishments 'unconstitutional'. The 'Guidelines to Stop Corporal Punishment to Students in Educational Institutions...
SIRAJGANJ, Apr 26: At least eight passengers of a Nasimon were killed and 15 others wounded at Parkola in Shahjadpur upazila when it tumbled into roadside ditch after it was hit hard from behind by a bus this afternoon. Hafizul,...
KABUL, Apr 24: Roadside bombs killed three NATO service members and a gunman shot dead a prominent local official in southern Afghanistan, where thousands of Afghan and international troops are bracing for an expected spring resurgence of Taliban attacks, officials...
SEOUL, Apr 24 : North Korea has again threatened to destroy the United States and South Korea. The communist North issued its latest war rhetoric on the eve of its army's anniversary. The official Korean Central News Agency says that...
MADRID, Apr 24: The parents of a Spanish photojournalist who was captured by forces loyal to Libyan leader Moammar Gadhafi say they received a phone call from him in which he said he was well but in a Tripoli jail....
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