The Executive Committee of National Economic Council (ECNEC) Tuesday approved Rayerbazar (mass killing field to be converted) Graveyard Development Project involving Tk 5.05 billion (505.60 crore), reports BSS. The implementation of the project in the area under Dhaka-13 parliamentary constituency...
Sonia H MoniTitas Gas will run special drives in April to disconnect illegal gas connections in Dhaka and its adjacent areas. Titas Gas Transmission and Distribution Company Limited (TGTDCL) Managing Director Md Abdul Aziz Khan told the FE: "Our mobile...
KITAKAMI (Japan), Mar 22 (AFP): Engineers toiled to restart cooling systems at a stricken nuclear plant in Japan Tuesday after a new smoke scare, as the detection of radioactivity in the sea fuelled anxiety over food safety. An external electricity...
FE ReportThe ECNEC Tuesday approved revision of the 150 megawatt (MW) power generation project in Khulna, increasing its estimated cost to Tk 15.42 billion. The Executing Committee of the National Economic Council (ECNEC) in a meeting approved the cost escalation...
FE ReportThe government has sought funds from Asian Development Bank (ADB) for feasibility study on the construction of an elevated expressway from Dhaka to Chittagong. Communication Minister Syed Abul Hossain made the request when a three-member ADB delegation met with...
FE Report The rate of the US dollar in the inter-bank foreign exchange market has increased significantly in the recent days though no apparent change has been observed at the imports' end, said treasury officials. "Such inter-bank rate will not...
Mamun RashidI have been offering courses on `Entrepreneurship' in various business schools for last several years. When I ask my students to point out number one barrier towards entrepreneurship, most of them at the beginning of the session would loudly...
Fazle RashidNEW YORK, Mar 22: The coalition air assault to destroy Gaddafi's air defence has met with initial success but a rift has emerged within NATO over as France's unilateral effort to bomb Gaddafi's stronghold without the knowledge of other...
Peoples Insurance: The authorities of Peoples Insurance have stated that a meeting of the board of directors of the company will be held on March 27 at 3:15pm to consider, among others, audited financial statements of the company for the...
The record date for the Subordinated 25 per cent Convertible Bonds of BRAC Bank Ltd will be set seven days before the due date for the interest payment on 15 April and 15 October. If the day is a holiday,...
Finance Minister A.M.A Muhith has expressed condolence on the death of Ahmuda Khanam Chowdhury, mother of Helal Ahmed Chowdhury, Managing Director & CEO of Pubali Bank Limited. The Finance Minister also expressed sympathy to the bereaved family members and prayed...
Raihan M ChowdhuryFour major mobile telecom operators-Grameenphone (GP), Banglalink, Robi and Citycell-reiterated their deep concern with the published draft license renewal guidelines which imposes abnormally high spectrum acquisition fee. As per the proposed guideline, Bangladesh's mobile operators have to pay...
FE ReportThe 16th Annual General Meeting (AGM) of Southeast Bank Ltd was held Tuesday at Bangabandhu International Conference Centre in the city. Bank's Directors, Sponsors and large number of Shareholders attended the meeting. Alamgir Kabir, FCA, Chairman of the Bank,...
The Council of the Institute of Chartered Secretaries of Bangladesh (ICSB) has announced the results of Chartered Secretary Summer Session 2010 examination held in January 2011. Successful candidates are requested to contact the institute's office on or before March 27...
FE ReportThe Securities and Exchange Commission (SEC) has paved the way for MJL's (Mobil Jamuna Lubricants) to be listed on the bourses as the latter's authorities have agreed to follow the regulator's condition, officials said. The SEC finalised the issue...
FE ReportShare prices at the Dhaka Stock Exchange (DSE) plunged more than 1.0 per cent Tuesday after three straight sessions of gain amid profit taking tendency of the investors. The market also experienced sharp decline in the turnover volume and...
The local paper mills and merchandising businesses have demanded of the government to take stern measures to check import of white paper through false declaration and discourage import of text books and printing materials. They have also sought reduction of...
A day-long folk festival organised by Bangladesh Tourism Board (BTB) was held on the premises of Pan Pacific Sonargaon Hotel Tuesday with much enthusiasm and jubilation to portray Bangladeshi culture, tradition and heritage before the foreign guests. Board Chairman and...
Monira MunniA top European Union (EU) team arrives in the country today (Wednesday) to inspect fish farms and processing plants, in a visit seen crucial for the future of the shrimp industry. The three-member team comprising Hans Van Rhijn, Graeme...
FE Report Dr Gowher Rizvi, adviser to the prime minister on international affairs, said Tuesday the issue of Professor Yunus should be resolved in a "dignified" way. "I'm not the right person to talk about (Prof) Yunus. First of all,...
FE ReportAccess to finance is no longer a problem for business women but knowledge, education and training still remain a barrier, the head of SME Foundation said. "It was finance that became a problem for women entrepreneurs 18 months back...
MA Momen has been reelected president of Bangladesh Thai Chamber of Commerce and Industry (BTCCI) for the term of 2011-12, said a press statement. Sajjatuz Jumma and Mohammed Ali have been elected senior vice president and vice president of the...
SM Shaheedullah and Lailun Nahar Ekram have been elected president and vice president of Bangladesh Association of Consulting Engineers (BACE) for the term of 2011-13 respectively, said a press statement. Other office bearers of the Association include Md Abdus Sobhan...
Syful Islam The government will initiate a process to partner with the private sector to run the publicly owned jute mills in an attempt to turn around the ailing state entities, officials said Monday. "Our initial plan is to run...
FE ReportTwenty-one deputy general managers (DGMs) of state-owned banks and financial institutions have been promoted to the post of general manager (GM), according to an office order, issued by the Ministry of Finance on Monday. The order contained postings of...
FE ReportBritish American Tobacco Bangladesh has launched 5 water treatment plants simultaneously in Kushtia, Jhenidah, Meherpur and Manikganj districts marking World Water Day Tuesday. BAT Bangladesh's new initiative is to provide communities with safe drinking water free from arsenic and...
The 19th Branch Managers' Conference of the United Insurance Company Limited was held in the city recently. Chairman of the company M Moyeedul Islam inaugurated the day-long conference, while Managing Director Syed Shahriyar Ahsan presided over it. In his address,...
rights given to buyers is likely to lead to unsold licences, idle spectrum and fewer connected consumers, the organisation said. Regarding floatation of shares by other companies in view of the present context, Raihan Shamsi, deputy CEO and chief financial...
Events: After three days of consecutive rally the Benchmark General Index DGEN retraced back by 1.17% primarily due to sell off in the banking sector. The market witnessed sharp movement throughout the whole trading session as the Index oscillated within...
recommends 30pc cash, 20pc stock dividends The board of directors of Jamuna Oil Company Limited has recommended 30 per cent cash and 20 per cent stock dividends for the year that ended on June 30, 2010. The annual general meeting...
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