FE ReportTwelve listed companies have failed to submit their yearly audited financial statements by the deadline fixed on November 14, DSE officials said.The companies which have failed to submit their reports are Beacon Pharma, Bangladesh Shipping Corporation (BSC), Delta Spinners,...
From Fazle Rashid NEW YORK, Nov 22: The economic contagion does not seem to be healing. It continues to grow spreading fear in Europe in particular. Ireland resisting a rescue package finally relented and has agreed to apply for a...
The Cabinet Committee on Economic Affairs today Monday approved a proposal of the Energy Ministry to offload shares of Mobil Jamuna Lubricants (MJL) Bangladesh Ltd on the capital market under the book building system, reports UNB. Finance Minister AMA Muhith...
FE Report The call money market continued to be bullish Monday, second working day after the Eid-ul-Azha festival, despite the injection of fresh fund into the market by the central bank.The inter-bank call rate ranged between 15 per cent and...
FE ReportBangladesh scored 48 in Open Budget Index (OBI) 2010 which shows that the government provides people with some information on budget and financial activities during the course of the budget year.The Open Budget Index (OBI) is an initiative of...
Our CorrespondentCHITTAGONG, Nov 22: Norwegian Minister for Environment and International Development Eric Solehim is scheduled to visit the Chittagong ship breaking yard Tuesday morning. The minister arrived at the port city Monday evening and is staying at a hotel in...
A garment worker has been crushed under the wheels of a train in the capital city’s Banani area, reports bdnews24.com.The accident took place near the Sainik Club at Banani Chairman Bari on Monday at around 1pm. The victim, identified as...
Ridwan QuaiumPRIOR to year 2000, most vehicles in Bangladesh were used to run on petroleum. Since crude oil is not a natural resource that is found in Bangladesh, the Bangladesh Government had to import it. The issue is that as...
M S SiddiquiTRADE associations (TAs) are established under law of the land. TAs in Bangladesh are registered as per Trade Organization Ordinance, Trade Organizations (Arbitration Tribunal) Rules, 1981 and Trade Organizations Rule 1994. The associations take approval of the regulator,...
There is a pressing need on the part of a country like Bangladesh which depends to some extent on imported food grains and a great deal on imported cooking oil, pulses, spices and dairy products, about both the soaring prices...
Shamsul Huq Zahid None of the important people across the political divide seems concerned about what is hurting the common people most. It is food inflation. In September last, according to the Bangladesh Bureau of Statistics (BBS), the food inflation...
Md Ismail KhanONE of the vital areas to aid stepped-up economic activities, specially in the area of exports, is yet to be properly developed in Bangladesh. This is the in the sphere of correctly evaluating standards of goods and testing...
LET not the supremos in our political parties be under any illusion about what the people want in whose name they say they do politics or derive their legitimacy and powers. People of the country were unimpressed audiences of a...
Sea water can be made into freshwater. The process is called desalination. It is being used more and more around the world to provide people with needed freshwater. A method to desalinate seawater is the “reverse osmosis” method. Right now,...
The sale of refrigerator shoots up every year on the eve of Eid-ul-Azha. This does indicate a relationship between the sacrificial meats and the rising sale of refrigerators. People in our country, who make animal sacrifice, do no doubt like...
MUMBAI, Nov 21 (Economic Times): Foreign funds sold stocks worth $88 million this week, a first in about 25 weeks, sending strong signals of consolidation at Indian equities markets for the coming sessions. While the flow of overseas money has...
TORONTO, Nov 21 (Reuters): US-based Walter Energy Inc's $3.24 billion bid for Canadian peer Western Coal Corp is seen as a mark of confidence in the undeveloped coal assets that the country is sitting on.The offer puts the spotlight squarely...
RIYADH, Nov 21 (Bloomberg): Saudi Arabian shares dropped to a two-week low on investor speculation that Europe's sovereign-debt crisis and China's measures to tame inflation will undermine economic growth.The Tadawul All Share Index fell 0.9 per cent to 6383.69, the...
NEW DELHI, Nov 21 (PTI): The car that sizzled with Sharon Stone in Hollywood thriller 'Basic Instinct 2', Spyker is headed for India, all set to enter here by next year. The Netherlands-based Spyker cars has already shortlisted potential partners...
NEW DELHI, Nov 21 (PTI): Flexible packaging major Uflex is targetting Rs 35.0 billion revenue and 25 per cent market share by this fiscal-end, said a senior company official. "We are targeting Rs 35.0 billion revenue by FY 2011 as...
Chittagong PortBerthing positionNovember 22, 2010Berth No. NV Cargo LC LA DA Leaving I/DJ/2 Yong Jiang Gi S. Hai Cosco 07/11 20/11 505J/3 Banglar Kakoli Log Yang Mariners 03/11 -- 1127 Limco P. Cargo P. Kel Hsr R/A -- 443J/4 Vtc...
The following were the commercial banks' rates to public for some selectedforeign currencies with Bangladesh Taka in cash transaction SundaySelling rates to public (outward remittance)BankUSDEuroGBPJPYCHFCADAUDSCBs Sonali Bank70.750097.3695114.39800.864372.629070.323270.0656Agrani Bank70.780097.4341113.76310.858471.695669.791769.9103FCBsStanChart69.9092.14109.670.8571.1369.0866.89HSBC 70.755599.1766116.21170.890772.960070.556470.5581Citibank naNANANANANANANABank of Ceylon70.840098.7872116.19260.884372.948270.270873.4115PCBsUttara Bank70.800097.8628114.73410.873072.391370.364170.0904AB Bank71.000098.6799114.77500.8692NANANABuying rates from public (inward remittance)SCBsUSDEuroGBPJPYCHFCADAUDSonali Bank69.800095.0715112.26420.835570.897368.654668.4023Agrani...
Our CorrespondentPABNA, Nov 21: Production of date molasses in winter changes the economic condition of the farmers of Pabna. They can run their families well during the winter for date juice, locals said. This is the season of 'nalini patali'...
Our CorrespondentKHULNA, Nov 21: Forest department arrested 22 poachers and seized a trawler with traps for catching spotted deer from Patkosta area under Khulna range of Sundarban Saturday. Forest department sources said, in a secret information the forest guards raided...
A CorrespondentKISHOREGANJ, Nov 21: A training workshop on Combating Money Laundering was organized on November 20 at Batrish POPI-PART conference room, organised by Pubali Bank with the assistance from Bangladesh Bank. All commercial bank officials of Kishoreganj district participated in...
GAZIPUR, Nov 21 (UNB): Five people were killed and 10 others injured in a head-on-collision between a pickup van and a human hauler on Dhaka-Tangail highway at Kodda in Sadar Upazila Sunday.The deceased were identified as Manjuna (26), hailed from...
Our correspondentGAIBANDHA, Nov 21: The farmers of the Gaibandha district are preparing seed beds to grow seedlings for Boro cultivation in all the seven upazil during the current season.Department of Agriculture Extension (DAE) sources said a total of 1, 22,...
Our Correspondent JOYPURHAT, Nov 21: Farmers of various areas here have changed their fate by cultivating banana. Although banana cultivation was popular in Joypurhat and specially Vadsha, Jamalganj, Jamalpur, Kanupur, Panchbibi areas 6 to 7 years ago and by cultivating...
BENAPOLE, Nov 21 (UNB): Export-import activities between Bangladesh and India through Benapole land port resumed Saturday after four days suspension on the occasion of holy Eid-ul-Azha.Another report from Brahmanbaria adds: Export-import activities between Bangladesh and India through Akhaura land port...
Our Correspondent NILPHAMARI, Nov 21: Engine of the intercity train Drutozan that was damaged in Ullapara incident has been fully repaired in the Parbotipur Central Locomotive workshop and already been handed over for operation to Parbotipur locomotive shed recently. Sources...
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