SINGAPORE, Oct 2 (Reuters): Asian stocks rose Friday as stronger-than expected economic indicators from China and the United States boosted confidence in the global economic recovery.European shares also rose, after slipping in the previous four sessions amid debt concerns in...
NEW DELHI, Oct 2 (Business Standard): Maize prices fell by Rs 30 per quintal on the wholesale grains market today owing to slackness in demand against increased supply.Elsewhere, prices moved in a tight range on alternate bouts of trading and...
SINGAPORE, Oct 2 (Commodity Online): Improved industrial consumption in China has boosted copper prices in the international markets. The manufacturing data from the Asian giant has showed robust growth in September. Copper hit a 26-month high in New York Mercantile...
NEW DELHI, Oct 2 (PTI): Gold prices fell by Rs 100 to Rs 19,400 per 10 grams in the national capital Friday, while silver dropped by Rs 130 to Rs 33,570 per kg, due to a dearth of buying support...
KOTTAYAM, Oct 2 (Commodity Online): India's natural production increased by 4.3 per cent in September 77,500 tons with the rain guarding system amid moderate rainfall as compared to 74,300 tons in the same period last year, said Rubber Board of...
LONDON, Oct 2 (Reuters): Goldman Sachs has given its top London-based employees millions of pounds worth of free shares after a decision to cap their pay, Britain's Sky television reported Saturday.Sky financial editor Mark Kleinman, quoting unidentified people close to...
LONDON, Oct 2 (Commodity Online): After showing signs of a fall following China's recent decision to check realty prices, copper found its foot Friday with the prices rallying to its best in over two years.The immediate reason for copper's gain...
NEW DELHI, Oct 2 (PTI): Edible oils led by groundnut oil fell on the wholesale oils and oilseeds market during the past week on stockists selling owing to slackness in demand at higher levels.Trading sentiment turned bearish after palm oil...
ICB Asset Management Company Limited (AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), has disclosed the Net Asset Values (NAV) of its 10 mutual funds, according to a press release.ICB AMCL Unit Fund: The total NAV of ICB AMCL...
Our CorrespondentCHITTAGONG, Oct 2: Western Marine Shipyard (WMS) - a leading ship-building company of the country - has received a contract to build passenger ferry for a Danish company.The announcement came when Danish Ambassador in Bangladesh Svend Olling visited the...
FE ReportAn agriculture fair - Banglalink Agro Bangladesh 2010 - will begin in Dhaka from October 5 to introduce the latest agricultural technology to the people involved in the sector.The main objective of the agro fair is to familiarise the...
FE ReportA business delegation of Bhutan Investment Road Show has been urged to invest in power, energy and tourism sector in Bangladesh under Public Private Partnership (PPP) Initiative.Dhaka Chamber of Commerce and Industry (DCCI) Senior Vice President M Shahjahan Khan...
Bangladesh and Portugal have agreed to conclude an agreement on avoidance of double taxation between the two countries to create the necessary framework, reports UNB. The agreement came at a bilateral meeting between Portuguese Foreign Minister Luis Amado and Bangladesh...
FE Report DHL, the world's leading logistics company, recently observed a Volunteer Day with a series of programmes including tree plantation, vaccination for underprivileged children and distribution of education materials as part of its assistance to the local community.Marking the...
FE ReportMd Sanaullah Shahid, Mohammed Hasan and Tofazzal Hossain have recently been elected chairman, vice-chairmen of Shahjalal Islami Bank Securities Limited (SJIBSL) respectively. The election was held in the first meeting of the board of directors of SJIBSL at its...
M/s Yi Zhan Industrial (BD) Co Ltd, a Taiwan-Korea company, will set up a shoe manufacturing industry in the Karnaphuli Export Processing Zone, reports UNB.The company will invest 7.452 million in setting up their unit and manufacture shoe accessories.It will...
The Branch & Operational Managers' conference of BASIC Bank Limited was held in the city recently, said a press release. Sheikh Abdul Hye Bacchu, chairman of the bank was present on the occasion as the chief guest.Jahangir Akhand Salim, Prof...
NamePHP First Mutual FundNature of the fundClosed-end Mutual Fund with tenure of ten yearsObjectiveThe objective of the Fund is to provide attractive dividend to the unit holders by investing the proceeds in the various instruments in the Bangladeshi Capital Market...
The 2010 Commonwealth Games will officially start on Sunday with a spectacular opening ceremony at the Jawaharlal Nehru Stadium in Delhi, sources BBC.The Games, the first to be staged in India, have been dogged by problems with the athletes' village...
MOHALI, India, Oct 2 (cricinfo): Virender Sehwag delivered a brutal response to stun Australia with a quick half-century as India finished the second day of a two-paced Test on a high. Sehwag raced to a 39-ball fifty but was undone...
Three Bangladeshi golfers leave here for Japan today (Sunday) to take part in the Asian Amateur Golf Championship to be held October 7-10 in Tokyo, reports UNB. The three golfers are SA Games gold winner Dulal Hossain, Sakhawat Hossain and...
TOKYO, Japan, Oct 2 (AFP): World number two Caroline Wozniacki saw off Elena Dementieva in a tough battle to win the Pan Pacific Open women's tennis tournament on Saturday. The Danish top seed, who crashed out in her opening matches...
FE ReportA High Court (HC) Division bench has imposed restriction on allowing transfer of 34,65,520 shares of United Insurance Company Ltd and United Leasing Company Ltd upon a writ petition filed by three investors.The HC division bench comprising Mamnoon Rahman...
FE Report National Bank Limited (NBL) has opened its 134th branch of the bank at Chhatak in Sunamganj recently, said a press release. NBL Director and Executive Committee Chairperson Parveen Haque Sikder formally inaugurated the branch as the chief guest....
FE ReportA state-of-art knit garment factory- Giant Textiles Ltd. at a cost of approx Tk. 1.0 billion is being set up at Maona in Gazipur district.Led by Eastern Bank Ltd., six other banks are providing syndicated term loan to finance...
Green Housing and Energy Ltd. (GHEL), a sister concern of ASA Foundation and Rahimafrooz Renewable Energy Ltd. (RREL) signed a Memorandum of Understanding for the supply and service for Solar Home System (SHS) Programme recently.With this MoU, RREL will supply...
The net premium of Jiban Bima Corporation (JBC) rose by 17.28 per cent in 2008.It may be maintained that at the end of 2008, the total premium earning of the state-owned company stood at Tk 3.43 billion, net life fund...
Spot trading of Jamuna Bank, Golden Son from todayTrading of the shares of Jamuna Bank, Goldenson Ltd will be allowed only in the spot market and block/odd lot transactions will also be settled as per spot settlement cycle with the...
FE ReportBusiness leaders Saturday put emphasis on the development of the transport network through public-private partnership (PPP) to adequately support greater business activity and speed up the country's economic growth. They also demanded of the government immediate reconstruction of Dhaka-Chittagong...
Jasim Uddin Haroon The lone rail-mounted gantry crane of the Dhaka Inland Container Depot (DICD) remains inoperative for more than 15 years due to technical fault, affecting cargo movement of the premier ICD.It is the country's first state-of-the-art crane, installed...
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