Citycell, the first Mobile telecommunication CDMA service provider of Bangladesh, has started its campus activation programme for Zoom Ultra named 'Ultra Buzz' at different universities across the country, according to a press release.Citycell Zoom Ultra kicked off its 'Ultra Buzz'...
SINGAPORE, July 12 (Commodity Online): Gold prices failed to move upwards in Asian trade Monday after equity markets rose in the region, attracted some investors amid positive reports on global economic recovery.Gold for immediate delivery was seen trading at $1208.84...
TOKYO, July 12 (AFP): The yen fell in Asian trade today after Japan's ruling party suffered an electoral setback that could affect its plans for cutting the country's huge debt. The dollar rose to 89.03 yen in Tokyo afternoon trade,...
SINGAPORE, July 12 (Bloomberg): Corn futures fell for a second day after the US Department of Agriculture forecast that the nation's stockpiles will be bigger than analysts expected.Corn for December delivery fell 0.6 per cent to $3.93 a bushel on...
TOKYO, July 12 (Bloomberg): Rubber declined for a second day after data showed car sales growth in China slowed, raising concern that demand may weaken from the largest consumer of the commodity used to make tires.Futures in Tokyo dropped as...
WiMax wireless broadband internet service provider Qubee has distributed prizes among the winner of its 'Join In' campaign at a simple ceremony at the Qubee head office in the city recently. Qubee client Kaji Tamjid won a home theatre system...
NEW DELHI, July 12 (Commodity Online): India's industrial output rose by 11.5 per cent in May, growing in double digits for the eighth straight month.According to official reports, the manufacturing segment, which constitutes around 80 per cent of the index...
LONDON, July 12 (Bloomberg): Robusta coffee fell for the first time in four days in London on speculation prices climbed too high to reflect the outlook for supply and demand.Robusta for September delivery slid as much as 2.2 per cent...
Exchange Rate July 12,Monday 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)BankUSDEuroGBPJPYCHFCADAUDSCBsSonali Bank69.550088.0502104.72530.788766.153567.769861.1605Agrani Bank69.550088.2260105.11970.791066.073267.696160.9423FCBsStanChart69.6787.16101.080.7961.0666.3758.97HSBC 69.759590.0980106.87450.806066.677267.994761.7739Citibank naNANANANANANANABank of Ceylon69.790089.8220107.78600.813567.567068.495464.6395PCBsUttara Bank69.700088.6112105.12600.797766.061067.878661.2990AB Bank69.700089.3691105.93630.8009NANANABuying rates ...
London, July 12 (Agencies): The cost of clean-up operation in the Gulf of Mexico has climbed to $3.5 billion as progress , BP said Monday, .It is still too early to estimate the ultimate costs and the British oil group...
TOKYO, July 12 (AP): Japan's ruling party faced the prospect of political gridlock Monday as bad losses in weekend parliamentary elections undermine its attempts to reduce the second-largest economy's ballooning budget deficit and revive growth.Half of the 242 seats in...
Thousands of mourners and supporters crowded hillsides near Srebrenica, Bosnia-Herzegovina, Sunday, to mark the 15th anniversary of the massacre of nearly 8,000 men and boys, reports CNN.More than 50,000 people witnessed the burial of 775 newly identified genocide victims at...
LAHORE, July 12 (AFP): Pakistan's political heartland has ordered a crackdown on militants after a series of devastating attacks and accusations of links to banned groups, officials said Monday.New Delhi and Washington have long demanded that Pakistan root out extremist...
KABUL, July 12 (AFP): The overwhelming majority of the bombs used to devastating effect by the Taliban in Afghanistan are made from a fertiliser that has been banned by the Kabul government, the defence ministry said Monday.Ammonium nitrate is the...
Philippines considering N energy: AquinoMANILA, July 12 : The Philippines may turn to nuclear energy to solve power shortages in the impoverished nation, President Benigno Aquino said Monday. "We are studying the possibility of using nuclear energy as a source...
Jasim Uddin Haroon Ratanpur Steel Re-rolling Mills (RSRM), the country's second largest rod manufacturer, is planning to go public, its chairman M Rahman told the FE. "We've taken move to raise our paid-up capital worth Tk 200 million later this...
Mr. Mohammed Gofran, Senior Executive Vice President and Head of Corporate Banking Division and Mr. Shahid Hossain, Senior Executive Vice President & Head of Human Resources Division have been promoted to the rank of Deputy Managing Directors of Southeast Bank...
FE ReportThe government is set to float fresh tenders for appointing pre-shipment inspection (PSI) companies as the contract for existing four companies will expire in December next. The National Board of Revenue (NBR) would invite expression of interest (EoI) for...
Al Arafah Islami Bank Limited (AIBL) has recently opened a brokerage house at its Barisal branch at Hemayetuddin Road in Barisal, said a press release.Managing Director of the bank MA Samad Sheikh inaugurated the brokerage house branch as the chief...
Dutch-Bangla Bank Limited opened its 81st branch at Melborn Plaza, Puran Bazar in Madaripur Sunday, according to a press release. DBBL Managing Director Md Yeasin Ali inaugurated the branch as the chief guest.The branch also provides on-line banking facilities to...
Directors of Pubali Bank Limited Moniruddin Ahmed and Sk. Wahidur Rahman have been unanimously elected as Chairman and Vice Chairman respectively of the Board of Directors of Pubali Bank Securities Limited (PBSL), a subsidiary company of Pubali Bank Limited.Mr. Moniruddin...
FE ReportSME Foundation Monday gave certificate to entrepreneurs on safe food management training.Local agro based products are not only competing with other foreign processed products at home but it has made inroads in the International markets especially in the Middle...
Mr. Hemant Mishr, Head of Global Markets, South Asia and Co-Head of Wholesale Bank, India for Standard Chartered Bank arrives in Dhaka today (Tuesday) for a brief official visit. During this two-day visit he will meet senior officials of Bangladesh...
Bashundhara Steel and Engineering Limited (BSEL), an enterprise of the Bashundhara Group, has recently stepped into the field of marine ship building with its recently built coastal cargo vessel - MV Bashundhara Logistics-21, said a press release.The 1800 dead-weight tonnage...
Huawei Technologies Limited, a leader in providing next generation telecommunication networks has reached Fortune Global 500 companies by revenue for the first time, ranking 397th.The U.S. magazine "Fortune" published 2010 Fortune Global 500 list on July 9. Huawei ranked 397...
SINGAPORE, July 12 (AFP): Recent moves by Asian central banks to raise interest rates are a strong vote of confidence that the region will weather risks stemming from the European debt crisis, analysts say. Since June 24, the central banks...
Syed Abdul Hamid has been appointed managing director and Chief Executive Officer of Agrani Bank Limited recently. Earlier, he served as deputy managing director of the same bank.Hamid started his banking career with Janata Bank as senior principal officer (chartered...
A day long workshop on "IT Readiness of Banks for Business in Cyber Space" was organized by the Bangladesh Institute of Bank Management (BIBM) on July 06, 2010. Twenty-eight senior and mid-level executives from different banks and financial institutions participated...
FRANKFURT, July 12 (AFP): The European Central Bank insists the eurozone will not fall back into recession, saying the worst of the debt crisis is past and other economies should now be fixing their public finances. ECB chief economist Juergen...
A workshop on "Money Laundering Prevention Training Programme 2010" organised by Bangladesh Bank (BB) and arranged by Islami Bank Bangladesh Limited (IBBL) was held at its Nilphamari branch recently, said a press release.Deputy Commissioner of Nilpliamari district Zillur Rahman was...
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