M Azizur RahmanThe government has renewed the memorandum of understanding (MoU) with Thai state-owned PTT Exploration and Production Company (PTTEP) on energy sector cooperation, officials said Sunday."We renewed the MoU with our Thai counterpart last week. This is part of...
Arafat AraThe Family Saving Certificate (FSC) has emerged as the top selling investment instrument offered by the government, with its attractive interest rates and tax-free facility wooing droves of female investors. Some 149,282 women have bought the female-only FSCs in...
FE ReportBashundhara Group (BG) has got Tk 2.0 billion syndicated term loan to set up food and beverage industries on the bank of the Buriganga at Pangaon in Narayanganj. A signing ceremony regarding the loan deal was held at a...
PARIS, Dec 13 (AFP): The pace of economic growth has stabilised in the world’s leading industrialised states, with a pick-up noted in the United States and China and moderation in Germany and Japan, the OECD said Monday.The Organisation for Economic...
KUALA LUMPUR, Dec 13 (AFP): Malaysia and Brunei Monday signed a deal to jointly develop two oil areas off Borneo, ending a border dispute dating from 2003 which had held up exploration.The agreement will see the national oil firms of...
BEIJING, Dec 13 (AFP): China and Cambodia Monday signed a raft of cooperation agreements at the start of a visit by Cambodian Prime Minister Hun Sen, as the two nations look to further bolster their traditionally tight ties.Both Hun Sen...
TOKYO, Dec 13 (AFP): The Tokyo Stock Exchange (TSE) Monday said it had agreed a deal with the Hanoi Stock Exchange (HNX) to provide the Vietnamese bourse with state-of-the-art technology.Under the accord, the TSE will help the HNX upgrade its...
Bank Asia Ltd provided higher studies scholarships to 17 students of Tarail upazila in Kishoreganj Saturday as part of the bank's corporate social responsibility, said a press release.Executive Vice President of the bank Irteza Reza Chowdhury handed over the stipends...
Dutch Bangla Bank Limited (DBBL) opened its 90th branch at Shahjalal Uposhahar in Sylhet Sunday, said a press release.DBBL Managing Director KS Tabrez inaugurated the branch. While exchanging views, Mr Tabrez said the bank emphasises financing the small and medium...
Prime Bank Limited opened its 92nd branch at Kishoreganj Sunday, said a press release. Managing Director of the bank M Ehsanul Haque inaugurated the branch as the chief guest. Deputy Managing Director of the bank IB Chowdhury, businessman and FBCCI...
FE ReportA meeting for Industry Skill Council (ISC) was held at a local hotel in Chttagong recently in association with TVET Reform Project, a government project on skills reform initiatives which is funded by European Commission and implemented by International...
HONG KONG/SHANGHAI, Dec 13 (AP): Shares in Shanghai and Hong Kong rose Monday on relief that Beijing did not raise interest rates at the weekend, opting instead for a further increase in banks' reserve ratios.Shanghai stocks ended 2.9 per cent...
SINGAPORE, Dec 13 (Commodity Online): Gold prices remained steady in Asian trade Monday after ending lower last week while silver and platinum moved up. Spot gold was seen trading at $1385.21 a barrel at 12.30 pm Singapore time while Futures...
MUMBAI, Dec 13 (Economic Times): Benchmarks pulled back from day's lows as investor sentiments turned bullish with the positive opening of European peers. Power, metals and capital goods led the gainers pack while IT and FMCG were marginally lower. At...
SINGAPORE, Dec 13 (AP): Oil prices rose above $88 a barrel Monday in Asia after Organisation of Petroleum Exporting Countries (OPEC) left its crude output quotas unchanged, citing slowing demand and abundant supplies. Benchmark oil for January delivery was up...
MUMBAI, Dec 13 (Reuters): Shares of personal care products maker Emami Ltd jumped 20 per cent to hit its upper circuit Monday after its attempt to acquire privately-held Indian Paras Pharmaceuticals fell through as fears of overpaying for the deal...
KOLKATA, Dec 13 (Reuters): Jindal Power, a unit of Jindal Steel & Power Ltd, is likely to launch its initial public offering (IPO) by the end of this month, executive director of the parent company, OP Jha, said Monday. Jindal...
Rouble hits fresh 8-week high vs basketMOSCOW, Dec 13: The rouble rallied to a fresh two-month high against the euro-dollar basket in early trade Monday as high crude prices, expectations of a central bank rate hike and year-end tax payments...
Chittagong PortBerthing positionDecember 14, 2010Berth No. NV Cargo LC LA DA Leaving I/DJ/3 Bohai Challenge Gi Yang Everett 09/12 14/12 2925J/5 Banglar Shikha Log Yang Mariners 13/11 16/12 1235J/6 Vinalines Diomand Cont Col Apl 10/12 14/12 174J/7 Kun Peng C.Clink ...
Dcember 13, 2010 The following were the commercial banks' rates to public for some selectedforeign currencies with Bangladesh Taka in cash transaction MondaySelling rates to public (outward remittance)BankUSDEuroGBPJPYCHFCADAUDSCBs Sonali Bank70.750093.8214111.99350.850472.311370.413770.0443Agrani Bank70.980094.3078112.67740.854672.472870.547270.0437FCBsStanChart69.9092.14109.670.8571.1369.0866.89HSBC 71.005595.9437113.87220.878572.679070.676370.6763Citibank naNANANANANANANABank of Ceylon70.990095.4893114.80560.878773.863371.146573.4676PCBsUttara Bank71.050094.5941112.67590.862272.373170.674570.2726AB Bank71.200095.5218113.68800.8660NANANABuying rates from public...
BEIJING, Dec 13 (agencies): Chinese Premier Wen Jiabao visits India and Pakistan this week with the delicate task of easing Indian suspicions about China's rise while reaffirming close ties with New Delhi's rival Islamabad.Wen travels to Asia's other rising giant...
PRISTINA, Dec 13 (AFP): Kosovo faced political gridlock on Monday with both the main parties claiming victory in the territory's first election since its declaration of independence in 2008.Exit polls by two independent non-governmental organisations put Prime Minister Hashim Thaci's...
WELLINGTON, Dec13 (agencies): A South Korean trawler sank suddenly and without warning off Antarctica Monday, killing up to 22 fishermen, with its owners saying it may have collided with an iceberg.Rescuers said the 22 men from the No. 1 Insung...
ROME, Dec 13 (AFP): Italian Prime Minister Silvio Berlusconi Monday offered to strike a deal with his centre-right opponents on the eve of a crucial confidence vote, warning a political crisis would be "folly.""I want to reconstitute the alliance of...
PESHAWAR, Dec 13 (AFP): A blast near a school bus in Pakistan's northwestern capital Peshawar Monday killed a driver and wounded at least two children, police said."The driver died in the blast. We have taken the two injured schoolchildren to...
Egypt says it will reopen beaches at the Red Sea resort of Sharm el-Sheikh after a spate of shark attacks temporarily forced their closure, reports BBCNew measures are being put in place to ensure the safety of swimmers in the...
Armed man takes 15 children hostage at French nurseryPARIS Dec 13: An armed man took some 15 children hostage at a nursery school in the eastern French city of Besancon, a police source said on Monday. France Info radio said...
FE ReportSecurities regulator SEC has increased the ratio of margin loan to 1:1 from 1:0.5 for stock brokers and merchant banks to restore market stability. The move has been taken just a day after a massive plunge, which occurred on...
The nation will observe the Martyred Intellectuals Day today (Tuesday) paying homage to the illustrious sons of the soil who were brutally killed a couple of days before the final victory of the Liberation War in 1971, reports UNB. With...
Moazzem HossainThe country's readymade garment (RMG) sector, is in fresh troubles, sending some worrisome signals about its sustained growth. The sector, the key export earner for the country, witnessed some rowdy scenes in and around Dhaka and at the Chittagong...
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