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Muhith leaves for Hanoi today

2011-05-01 00:00:00

A four-member delegation headed by Finance Minister AMA Muhith will leave Dhaka for Hanoi today (Sunday) to take part in the 44th Board of Governors Meeting of the Asian Development Bank (ADB) to be held in the Vietnamese capital on...

Imports rise by 42pc in July-March of FY '11

2011-05-01 00:00:00

FE ReportThe country's overall imports grew by nearly 42 per cent in the first nine months of the current fiscal. A jump by 122 per cent in import of food grains during the period was one of the main reasons...

India's fighter aircraft purchase from Europe annoys USA

2011-05-01 00:00:00

From Fazle RashidNEW YORK, Apr 30: United States' ties with two nuclear powered South Asian countries India and Pakistan are under new strains. US-Pakistan ties are under cloud over CIA's undiscolsed and surreptitious operations in Pakistan and India whom Washington...

Publication of probe report on GB not now: Muhith

2011-05-01 00:00:00

FE Report Finance Minister AMA Muhith on Saturday said the government will not publish probe report on Grameen Bank right at this moment. "We've decided that we will not publish probe report on Grameen Bank right at this moment," he...

100 students fall sick after taking de-worming tablets

2011-05-01 00:00:00

CHUADANGA, Apr 30 (UNB): Over 100 students of Shankerchandra Government Primary School under Sadar Upazila of the district fell sick after taking de-worming tablets Saturday. Among the sick students, 17 were rushed to Sadar Hospital while others were given treatment...

Pageantry and discipline

2011-05-01 00:00:00

Mahmudur RahmanThe colour, the historical significance and the pageantry apart, the spectacle of the Royal Wedding in England provided a brilliant answer to why the British have been able to stretch their former empire to as far as they did:...

Irrigation cost hits farmersusing shallow tubewells

2011-05-01 00:00:00

Yasir WardadShah Shuja, owner of four 'done' (30 decimals per 'done') of land at Chachchara Bari village in Ramnagar Union in Nilphamari district met his demand for irrigation by shallow tubewells this year. Talking to the FE, he said 20...

Obituary

2011-05-01 00:00:00

M Nurul Islam, former additional managing director of Mercantile Bank Limited, died at his residence at 'Priyoprangan' of Paribag in the city Friday. He was 72, said a press release. He left behind his wife, two sons, one daughter and...

Doa mahfil

2011-05-01 00:00:00

FE ReportA doa mahfil, seeking eternal peace of the soul of late advocate AM Altaf Hossain, former member of Jamalpur District Bar Association, will be held at his Rampura residence in the city after Asr prayers today (Sunday). AM Altaf...

Chinese oil co submits proposal for developing four CHT gas structures

2011-05-01 00:00:00

M Azizur RahmanChinese oil and gas firm Sinopec Shengli Oilfield Services is the lone international firm to submit proposal for developing four onshore gas structures in Chittagong Hill Tracts (CHT) under joint venture with the state-owned Bapex, a top government...

DMP ban on rallies

2011-05-01 00:00:00

Dhaka Metropolitan Police (DMP) Saturday announced the restriction on all kinds of mass rallies and processions as well as carrying all types of sticks, lethal weapons, explosives and firearms at Muktangan, Paltan Maidan, Zero Point, North and South gates of...

Iraqi PM makes stopover in Dhaka

2011-05-01 00:00:00

Iraqi Prime Minister (PM) Nouri al-Maliki made a brief stopover at Hazrat Shahjalal International Airport (HSIA) in the city Saturday on his way home from South Korea. Minister for Industries Dilip Barua received the Iraqi PM as he arrived for...

Muhith leaves for Hanoi today

2011-05-01 00:00:00

A four-member delegation headed by Finance Minister AMA Muhith will leave Dhaka for Hanoi today (Sunday) to take part in the 44th Board of Governors Meeting of the Asian Development Bank (ADB) to be held in the Vietnamese capital on...

Govt body draws up tough rules for SoE floatation

2011-05-01 00:00:00

Mohammad MufazzalA government committee has drawn up 'strict' rules for floating of stakes in 21 state-owned enterprises, suggesting that the authorities must re-valuate the firms before their shares are put up for sale. The four-member body led by SK Sur,...

NCC Bank AGM approves 32pc stock dividend

2011-05-01 00:00:00

The 26th annual general meeting (AGM) of National Credit and Commerce (NCC) Bank Limited has approved 32 per cent stock dividend (bonus share) for the year that ended on December 31, 2010. The AGM was held in the city recently....

Bharti Airtel head visits Dhaka***

2011-05-01 00:00:00

President of Bharti Airtel, one of the mobile service providers in India, Atul Bindal visited Dhaka recently on a short tour. During his visit, he met with Editor of the Financial Express (FE) Moazzem Hossain and discussed various issues on...

Dhaka Sheraton starts new journey as 'Ruposhi Bangla' from today

2011-05-01 00:00:00

FE ReportThe Dhaka Sheraton Hotel is going to start its new journey with the name 'Ruposhi Bangla Hotel' from today (Sunday), under the management of the state-owned Bangladesh Services Ltd (BSL). General manager of the hotel Mahfuzur Rahman Saturday said...

Reliance Ins AGM approves 35pc stock dividend

2011-05-01 00:00:00

The 23rd annual general meeting (AGM) of Reliance Insurance Limited has approved 35 per cent stock dividend for the year that ended on December 31, 2010. The AGM was held in the city Saturday. Chairman of the board of directors...

Bank Asia gets new DMDs

2011-05-01 00:00:00

Mr Irteza Reza Chowdhury and Mr Mohammed Roshangir have been promoted to the post of deputy managing directors (DMDs) of Bank Asia Limited recently, said a press release. Prior to their promotion, Mr Irteza Reza Chowdhury was the senior executive...

Obituary

2011-05-01 00:00:00

M Nurul Islam, former additional managing director of Mercantile Bank Limited, died at his residence at 'Priyoprangan' of Paribag in the city Friday. He was 72, said a press release. He left behind his wife, two sons, one daughter and...

Doa mahfil

2011-05-01 00:00:00

FE ReportA doa mahfil, seeking eternal peace of the soul of late advocate AM Altaf Hossain, former member of Jamalpur District Bar Association, will be held at his Rampura residence in the city after Asr prayers today (Sunday). AM Altaf...

Chinese oil co submits proposal for developing four CHT gas structures

2011-05-01 00:00:00

M Azizur RahmanChinese oil and gas firm Sinopec Shengli Oilfield Services is the lone international firm to submit proposal for developing four onshore gas structures in Chittagong Hill Tracts (CHT) under joint venture with the state-owned Bapex, a top government...

DMP ban on rallies

2011-05-01 00:00:00

Dhaka Metropolitan Police (DMP) Saturday announced the restriction on all kinds of mass rallies and processions as well as carrying all types of sticks, lethal weapons, explosives and firearms at Muktangan, Paltan Maidan, Zero Point, North and South gates of...

Iraqi PM makes stopover in Dhaka

2011-05-01 00:00:00

Iraqi Prime Minister (PM) Nouri al-Maliki made a brief stopover at Hazrat Shahjalal International Airport (HSIA) in the city Saturday on his way home from South Korea. Minister for Industries Dilip Barua received the Iraqi PM as he arrived for...

Muhith leaves for Hanoi today

2011-05-01 00:00:00

A four-member delegation headed by Finance Minister AMA Muhith will leave Dhaka for Hanoi today (Sunday) to take part in the 44th Board of Governors Meeting of the Asian Development Bank (ADB) to be held in the Vietnamese capital on...

Chinese cos busy as demand surges in Japan

2011-05-01 00:00:00

DALIAN, April 30 (Xinhua): Export from some northeast China provinces are surging to feed Japan's hunger for food and raw materials as the country is recovering from a quake and nuclear crisis. Wang Jijie, manager of Qingdao Sungree Food Co,...

Abu Dhabi achieves 10pc rise in hotel guests in Q1 of 2011

2011-05-01 00:00:00

DUBAI, April 30 (AMEinfo.com): Abu Dhabi achieved a 10-per cent rise in hotel guests in the first quarter of this year compared to last with increases also recorded for guest nights, occupancy levels, revenue and length of stay. "It's been...

Businessmen hail Indo-Pak trade accord

2011-05-01 00:00:00

KARACHI, April 30 (Daily Times): The businessmen have welcomed the trade talks between Pakistan and India and termed them as new milestone to have better trade relations of the two neighbouring countries. President of Pakistan-India Chamber of Commerce and Industry...

Quake-hit Japan open for business: Minister

2011-05-01 00:00:00

TOKYO, April 30 (AFP): Japan's foreign minister says the country is open for business and travel as domestic firms are recovering at "surprising speed" from the aftermath of the March 11 earthquake and tsunami. "We promise all of you that...

Generali Q1 premiums decline 8.3pc on life business

2011-05-01 00:00:00

MILAN, April 30 (Bloomberg): Assicurazioni Generali SpA (G), Italy's largest insurer, said first-quarter gross premiums fell 8.3 per cent, affected by a contraction of single premiums at its life-insurance business. Total premiums decreased to 19.1 billion euros ($28.3 billion) in...