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101 Bangladeshis back home from Libya

2011-03-01 00:00:00

The first group of 101 Bangladeshi nationals arrived in Dhaka Monday afternoon from Libya via Istanbul while another 1,000 Bangladeshis are expected to return home by March 2-3, reports UNB. Foreign Secretary Mijarul Quayes disclosed this during a regular press...

Govt urged to waive import duty on CNG conversion machinery

FE Report | 2011-03-01 00:00:00

FE ReportAutomobile and transport sector businessmen Monday urged the government to reduce tax on passenger ferry boats, waive import duty on capital machinery for CNG conversion and patronise local motor parts making industries. They made the proposals in a pre-budget...

Global pressure on Gaddafi to quit deepens

From Fazle Rashid | 2011-03-01 00:00:00

From Fazle RashidNew York, Feb 28: International pressure on Libyan leader Gaddafi to step down immediately intensified Sunday. The White House, State Department and Pentagon held talks with their European and NATO counterparts about how to proceed against Libya. Ban...

Brokerage firms reel under overhead cost

Asaduzzaman Pallab | 2011-03-01 00:00:00

Asaduzzaman PallabMost brokerage firms are burdened with huge establishment cost amid bearish trend continuing in the last three months in the stock market. Market insiders said as market grew substantially in terms of index and turnover in the last two...

SIBL launches four deposit products

FE Report | 2011-03-01 00:00:00

FE ReportSocial Islami Bank Limited (SIBL) Monday launched four deposit products under a campaign of celebrating the Month of Independence in a befitting manner. The deposit products are Swapner Shiri, Sonali Din, Shachhondo Protidin and Shomriddhir Shopan. In this regard...

Apex Pharma to expand business

FE Report | 2011-03-01 00:00:00

FE ReportApex Pharma Ltd has taken a move to expand its business. Under the move, the company is hopeful in obtaining UK MHRA and Australian TGA accreditations with the manufacturing facility at Shafipur, Gazipur. A business conference was held Sunday...

Senior Standard Chartered official now in town

2011-03-01 00:00:00

Madhavi Lall, Regional Head of Human Resources, India & South Asia, Standard Chartered Bank now in Dhaka for a 2 day official visit. She will be meeting various stakeholders of the bank during her visit. Madhavi plays a key role...

Eastern Housing discloses half yearly accounts

2011-03-01 00:00:00

As per un-audited half yearly accounts as on January 31 (Aug '10 to Jan ' 11), Eastern Housing Limited reported net profit after tax at Tk 50.56 million with EPS Tk 8.15 as against Tk 16.38 million and Tk 2.64...

Population census campaign from today, counting begins Mar 15 Minister, others spell out its importance

FE Report | 2011-03-01 00:00:00

FE ReportThe countdown to the fifth population census begins today (Tuesday) that will lead to enumeration of the country's total population by visiting houses and every nook and cranny from March 15. Planning Minister AK Khandakar launched the countdown at...

101 Bangladeshis back home from Libya

2011-03-01 00:00:00

The first group of 101 Bangladeshi nationals arrived in Dhaka Monday afternoon from Libya via Istanbul while another 1,000 Bangladeshis are expected to return home by March 2-3, reports UNB. Foreign Secretary Mijarul Quayes disclosed this during a regular press...

Govt urged to waive import duty on CNG conversion machinery

FE Report | 2011-03-01 00:00:00

FE ReportAutomobile and transport sector businessmen Monday urged the government to reduce tax on passenger ferry boats, waive import duty on capital machinery for CNG conversion and patronise local motor parts making industries. They made the proposals in a pre-budget...

Global pressure on Gaddafi to quit deepens

From Fazle Rashid | 2011-03-01 00:00:00

From Fazle RashidNew York, Feb 28: International pressure on Libyan leader Gaddafi to step down immediately intensified Sunday. The White House, State Department and Pentagon held talks with their European and NATO counterparts about how to proceed against Libya. Ban...

BB governor urges PCBs not to do aggressive banking

FE Report | 2011-03-01 00:00:00

FE ReportThe governor of Bangladesh Bank (BB) Dr. Atiur Rahman urged the local private commercial banks (PCBs) not to do aggressive banking and advised them to shun competition for making excessive profit. He said the central Bank will extend support...

Square Consumer Products gets ISO

FE Report | 2011-03-01 00:00:00

FE ReportSquare Consumer Products Limited has recently acquired the ISO 22000:2005 certificate. The certificate giving ceremony was held on Monday at Square Centre at Mohakhali in the city. The organization has got the certificate for meeting international standard requirements in...

SDF, Rapport ink deal on recruitment

2011-03-01 00:00:00

Social Development Foundation (SDF) will recruit 1500 managers and officers for Nuton Jibon Project of the Foundation. In this connection, SDF signed an agreement with Rapport Bangladesh Limited in the city recently. Managing Director (MD) of SDF Nurul Islam Sardar...

KL for clear guidelines to attract investors for BD's tourism sector

FE Report | 2011-03-01 00:00:00

FE Report Bangladesh needs clear guidelines to attract Malaysian entrepreneurs to invest in the tourism sector of the country, said Deputy Minister of Tourism of Malaysia Monday in the capital. "We (Malaysia) need a clear guideline on tourism sector in...

Sick Industry Act under process, JS told

2011-03-01 00:00:00

Industries Minister Dilip Barua told the Jatiya Sangsad (JS) Monday that formation of the Sick Industry Act was now under process to resolve problems in the industry sector, reports BSS. Replying to a question from ruling party lawmaker Benzir Ahmed,...

Free flow of info for transparency in govt purchase stressed

2011-03-01 00:00:00

Free flow of information is very vital for ensuring transparency in any government activity, particularly in public procurement. Deputy Commissioner (DC) of Bhola Md Mesbahul Islam said this while inaugurating a day-long workshop as the chief guest titled "Future Search...

Small fish trawlers owners protest govt circular, form human chain

Our Correspondent | 2011-03-01 00:00:00

Our CorrespondentCHITTAGONG, Feb 28: Owners of fishing trawlers today demonstrated and formed human chain in the city protesting a fisheries directorate circular limiting the wooden trawler's stay time in the sea to seven days. They termed the government circular as...

Machinery trade show begins tomorrow

2011-03-01 00:00:00

The second International Engineering, Industrial, Solar Energy and Agricultural Machinery Trade Show will begin at Bangabandhu International Conference Centre (BICC) in the city tomorrow (Wednesday). ASK Trade & Exhibitions Pvt Ltd and Bangladesh Engineering Industry Owners' Association (BEIOA) are jointly...

Sheltech Spring Fair starts today

2011-03-01 00:00:00

Sheltech Spring Fair 2011 starts today (Tuesday) at the company's corporate office at Panthapath in the city to celebrate its 23rd anniversary. Sheltech Managing Director Toufiq M Seraj said, "We are going to organise the 12-day-long fair to celebrate our...

Asian stocks fluctuate on spreading Mid-East unrest

2011-03-01 00:00:00

SYDNEY, Feb 28 (Bloomberg): Asian stocks fluctuated on a report oil shipments from Libya's rebel controlled eastern territory may have resumed even as political unrest spread to Oman. Reliance Industries Ltd, owner of the world's largest refining complex, advanced 2.1...

New Islamic insurer to debut on Abu Dhabi market by April

2011-03-01 00:00:00

ABU DHABI, Feb 28 (Reuters): A new Islamic insurer, backed by top Abu Dhabi entities, will be listed on the UAE capital's bourse by March or April, a senior official at one of its backers said Sunday. Wataniya Takaful plans...

Blackstone to buy Centro US assets

2011-03-01 00:00:00

SYDNEY, Feb 28 (Reuters): Private equity firm Blackstone Group will pay about $9.4 billion for the US shopping mall assets of Australia's debt-laden Centro Properties after winning a three-way bidding contest, a source with knowledge of the transaction said Monday....

Foreign investors can now invest in equity Indian FMs

2011-03-01 00:00:00

MUMBAI, Feb 28 (Reuters): Foreign investors have been allowed to invest in equity schemes of Indian mutual funds, Finance Minister Pranab Mukherjee proposed in his budget speech Monday. The move is aimed at widening the class of foreign investors in...

Glencore mulling jumbo IPO

2011-03-01 00:00:00

LONDON, Feb 28 (Reuters): Glencore, the world's largest commodities trader, is considering a flotation that could be one of the biggest listings ever seen in London, a source familiar with the situation said. If it goes ahead, an initial public...

Sensex ends up 131.21 points

2011-03-01 00:00:00

MUMBAI, Feb 28 (Economic Times): Benchmarks ended in the positive territory after paring most of intraday gains as post-budget euphoria came to an end. FMCG, PSU and realty space led the rally while auto and power space closed marginally lower....

Small fish trawlers owners protest govt circular, form human chain

Our Correspondent | 2011-03-01 00:00:00

Our CorrespondentCHITTAGONG, Feb 28: Owners of fishing trawlers today demonstrated and formed human chain in the city protesting a fisheries directorate circular limiting the wooden trawler's stay time in the sea to seven days. They termed the government circular as...

Machinery trade show begins tomorrow

2011-03-01 00:00:00

The second International Engineering, Industrial, Solar Energy and Agricultural Machinery Trade Show will begin at Bangabandhu International Conference Centre (BICC) in the city tomorrow (Wednesday). ASK Trade & Exhibitions Pvt Ltd and Bangladesh Engineering Industry Owners' Association (BEIOA) are jointly...

Sheltech Spring Fair starts today

2011-03-01 00:00:00

Sheltech Spring Fair 2011 starts today (Tuesday) at the company's corporate office at Panthapath in the city to celebrate its 23rd anniversary. Sheltech Managing Director Toufiq M Seraj said, "We are going to organise the 12-day-long fair to celebrate our...