FE ReportBashundhara Technical Institute, a high-tech non-profit institution of its kind formally started its journey Tuesday.Chief Advisor of the Bashundhara Group Mr. Mahaboob Morshed Hassan announced the formal functioning of the institute and welcomed the first batch students after special...
A team of The World Bank (WB) visited NCC Bank Limited and met with the management team in the city recently, said a press release.Thyra A Riley, sector coordinator, strategy, portfolio quality and governance of South Asia Finance and Private...
Our CorrespondentRAJSHAHI, July 6: Private silk industry owners of Rajshahi said the government's initiatives to restart two state owned silk factories in Rajshahi and Thakurgaon would not help improve the condition of the silk industries in the region unless programme...
Islami Insurance Bangladesh Limited (IIBL) earned a net premium of Tk 246.80 million (24.68 crore) during the year 2009 and total asset of the company stood at Tk 371.70 million at the same period.This was disclosed at the 10th annual...
Mashiur RahamanExport of raw jute and jute goods continued to set new record, and played a vital role in earning the country's highest monthly export income in May of this year.According to government statistics, the country's export of jute goods...
A memorandum of understanding (MoU) was signed between Sheltech Pvt Limited and Together Communications Tuesday with a view to promoting interests of Sheltech and its sister concerns, said a press release.Managing Director of Sheltech Dr Toufiq M Seraj and Chief...
MILAN, July 6 (Bloomberg): Swiss stocks gained, ending a five- session loss, led by Petroplus Holdings AG and Adecco SA.Petroplus jumped 4.5 per cent as Europe's largest independent refiner was rated "short-term trading buy" at Credit Suisse Group AG. Adecco...
TORONTO, July 5 (Bloomberg): Canadian stocks fell, sending the main stock benchmark to the lowest level in eight months, as oil producers declined after surveys of purchasing managers in Europe and China indicated slowing economic growth.Canadian Natural Resources Ltd, the...
Delta Life Insurance Company Ltd signed a contract with National Development Engineers Ltd for the construction of 21 storied Delta Life Tower at Bogra. The signing ceremony took place at Delta Life head office at Uttara Bank Bhaban in Motijheel...
TOKYO, July 6 (Reuters): Toyota Motor Corp said Tuesday it would invest about 9.0 billion yen ($103 million) to produce engines and transmissions for the Etios compact car in India developed for the local market.Local unit Toyota Kirloskar Auto Parts,...
MELBOURNE, July 6 (Bloomberg): Xstrata Plc, the biggest exporter of power-station coal, resumed work on a A$6 billion ($5 billion) mine and Rio Tinto Group revived a study for an iron ore expansion after Australia reduced a planned resource profits...
FE ReportThe government has decided to extend the period of importing high-sulphured coal for another year, as the country is currently witnessing serious energy crisis, officials said Tuesday. The Ministry of Commerce will soon publish a statutory regulatory order to...
FE ReportExperts at a national seminar Tuesday urged South and South Asian countries to come to a mutual understanding for ensuring co-riparian countries' right to water.They said that water of the Himalayas should be distributed equally among the countries of...
Our CorrespondentRAJSHAHI, July 6: Galaxy Flying Academy is going to launch Airplane Training Centre in Rajshahi with five US made two-seater planes.Managing Director of the Academy Masudur Rahman met Rajshahi City Corporation Mayor AHM Kahiruzzaman Liton recently and apprised him...
There is no alternative to free the country from illiteracy for reaping benefit from the programmes of Vision-2021, announced by Prime Minister Sheikh Hasina to turn Bangladesh into a digital one by next 11 years.Primary and Mass Education Minister Dr...
The Supreme Court has ordered the government to produce detained daily Amar Desh acting Editor Mahmudur Rahman before the court Thursday in a contempt of court petition.A full six-member bench of the Appellate Division headed by Chief Justice Md Fazlul...
Korea has expressed willingness to establish a nursing college in Bangladesh with a view to help expanding nursing education through provi-ding assistance, reports UNB.The assurance came when a delegation of Korea International Cooperation Agency (KOICA) led by its country representative...
The prevalence of infectious pulmonary tuberculosis (TB) has come down in the country, finds a nationwide survey conduced in 20 years, thanks to scaling up of directly observed DOTS therapy, high case detection and cures rates as well as improved...
Home Minister Sahara Khatun has ordered the police to arrest the Bangladesh Chhatra League (BCL) activists who were involved in Monday's violence at Jahangirnagar University (JU) that left about 50 people wounded, four with bullet injuries."Shibir, BNP elements intruded into...
Senior BNP leader Nazrul Islam Khan has warned the government against stopping the opposition holding human-chain protest. He made the statement Tuesday ahead of BNP's human-chain programme scheduled for today (Wednesday), reports bdnews24.com. "The government will be responsible for any...
The parliamentary standing committee on Defence Ministry has recommended reviewing the armed forces laws with a view to guaranteeing human rights for the soldiers and staff. The parliamentary watchdog at its meeting Tuesday said that the legal reforms of the...
JAHANGIRNAGAR UNIVERSITY, July 6 (bdnews24.com): The police in raids on four boys' dormitories at Jahangirnagar University (JU) arrested 15 people following a spate of clashes between two factions of Awami League (AL)-backed Bangladesh Chhatra League (BCL) that left at least...
CHITTAGONG, July 6 (bdnews24.com): Members of the banned Islamist militant outfit Hizb-ut Tahrir brought out a procession in Chittagong Tuesday. Police detained four people after the procession, suspecting them to be party members, Kotwali thana Officer in-Charge Gazi Sakhawat Hossain...
CHITTAGONG, July 6 (UNB): Some 30 local leaders of Jama'at and Shibir were arrested from a restaurant in the port city Tuesday.
First Janata Bank Mutual FundNameFirst Janata Bank Mutual FundNature of the FundClosed-end Mutual Fund with a ObjectiveThe objective of the fund is to provide attractive dividend to the unit holders by investing the proceeds in the various instruments in the...
Doulot Akter MalaAn amount of around Tk 10 billion in undisclosed money was legalised in the just concluded fiscal under the government's offer for investment in three major sectors---new industries, real estate and share market, that expired on June 30,...
Shamsul Huq Zahid Each of the life insurance companies, listed on the country's bourses is, apparently, a gold mine. If not the fundamentals, their stock prices would indicate so. The priciest stock on the bourses at the moment belongs to...
Sheikh Shahariar ZamanChittagong Port Authority (CPA) has taken initiative to revise tariff rates after 26 years to streamline the charges aligned with the present-day situation.There are 60 tariff charges in the port and out of that only five were revised...
FE ReportDhaka stocks closed flat in the heavily fluctuating market Tuesday as investors turned cautious in the final hour anticipating further price curbing measures from the securities regulator.The benchmark DSE General Index (DGEN) ended at 6354.68 with a fractional gain...
FE ReportPledging to announce new wages for apparel workers, Prime Minister Sheikh Hasina said Tuesday the current minimum wages of 1,662 taka in the sector is too meagre to meet ends. "A worker can't sustain his or her life with...
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