Prime Islami Life Insurance Limited (PILIL) has increased its authorised capital from Tk 250 million to Tk 500 million and split the ordinary share from Tk 100 each to Tk 10 each.This was approved at the 5th extra-ordinary general meeting...
NEW DELHI, July 5 (Bloomberg): Soybeans- and cotton-producing areas in India, the world's second-biggest exporter of the fiber, got rainfall over the weekend after a delay of more than two weeks, likely aiding sowing, the India Meteorological Department said.The monsoon...
Aluminium prices are likely to come under further pressure in Q3 2010, as demand slows during the northern hemisphere summer and supply continues to build. This may slow decline in LME aluminium stocks that has been a feature of the...
LME stocks continued to fall in May to mid-June, reaching 131,712t on 15 June, down 10 per cent from the start of May and 17 per cent down this year. But this trend may soon stop, as rising supply in...
PUNE, July 5 (Commodity Online): Bharti Airtel has given public call office (PCO) boxes to 100 farmers across 20 villages in Vidharbha under the 'Mera Airtel, Mera Vishwas' initiative of the company. This will enhance the lives with possibility of...
The refined soy oil futures fell to two week low on Saturday on selling pressure and bearish fundamental factors, reports Commodity Online.Higher inventory of edible oil and uncrushed oilseeds also had a bearish impact on the market. Soy oil market...
BANGKOK, July 5 (Bloomberg): Rubber futures in Tokyo, which closed unchanged Monday, may decline later this week on speculation that supply from Thailand, the largest exporter, may gain and a stronger Japanese yen.Futures in Tokyo swung between a gain and...
Exchange Rate July 05, MondayThe 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 Bank69.550087.6867105.84080.799165.637965.966258.9727Agrani Bank69.550087.8505106.19780.801565.597465.926658.8211FCBsStanChart69.6787.16101.080.7961.0666.3758.97HSBC 69.830587.4247107.17460.810665.096066.530259.9940Citibank naNANANANANANANABank of Ceylon69.790089.3544108.83280.825466.970566.593562.3364PCBsUttara Bank69.700088.2051106.24600.808965.558466.059659.0380AB Bank69.750086.7455106.32460.8061NANANABuying rates from public...
FE ReportDhaka Bank Limited (DBL) Monday celebrated its 15th anniversary.To mark the day, the Bank organized a blood donation programme at its Head Office premise wherein employees of different classes participated. Mr. Khondker Fazle Rashid, Managing Director of the Bank...
Mercantile Bank opened its Nabiganj SME/Krishi Branch Monday.Chairman of Mercantile Bank Limited Md. Abdul Jalil M.P formally inaugurated the branch located at Sky Light Tower, Sherpur Road, Nabiganj, Habiganj.Vice Chairman Mr. M. Amanullah, Directors Engr. Mohd. Monsuruzzaman and Mr. A....
FE ReportThe Dhaka Stock Exchange (DSE) expects to pay the government minimum Tk 3.00 billion in taxes in the current fiscal year, up from Tk 1.27 billion of the previous fiscal.DSE president Md Shakil Rizvi told the FE about the...
Prime Bank Limited opened its 9th SME Centre at Tekerhat, Madaripur Sunday.Quazi Sirazul Islam, Vice Chairman of Prime Bank Limited inaugurated the SME Centre as Chief Guest. M. Ehsanul Haque, Managing Director of the Bank presided over the opening ceremony....
FE ReportThe IPO lottery of Malek Spinning Mills Ltd will be held today (Tuesday) at 10-00 am at city's Bangabandhu International Conference Centre.Investors and high officials of Securities and Exchange Commission, DSE, CSE and ICB will remain present on the...
Mehdi Musharraf BhuiyanExport of light engineering items posted a booming growth in the fiscal year 2009/10- mainly driven by an ever increasing sale of local bicycles in international market. According to the latest government statistics, the total shipment of light...
Mashiur RahamanRepresentatives from the Bangladesh garment industry will take part in the Bangladesh Clothing Show, 2010 in London in September to boost sourcing relationships with buyers from the UK and EU.The two-day long event scheduled on September 27 to 28...
ICB Asset Management Company Ltd (ICB AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), has announced Net Asset Value (NAV) of its ten mutual funds recently.Phoenix Finance 1st Mutual Fund: NAV of the Fund stood at Tk 10.53 per...
FE Report Bangladeshi textiles and apparel makers are stealing the march on their Indian counterparts as shipment from Bangladesh surged past in both American and European Union markets, India's top trade body said Monday. In a study, the Federation of...
Sonia H MoniBangladesh Small and Cottage Industries Corporation (BSCIC) is likely to build extensions in more than a dozen existing industrial estates across the country, official said.BSCIC Chairman Siddiqur Rahman told the FE: "The existing industrial estates and parks of...
A farewell reception to M Fariduddin Ahmad, former managing director of Islami Bank Bangladesh Limited (IBBL), was organised by Islami Bank Officers Kallyan Samity (IBOKS) in the city recently, said a press release. IBBL Chairman ANMA Zaher was the chief...
FE ReportLocal entrepreneurs should exploit the business opportunities the upcoming Cricket World Cup will create in Bangladesh, Commerce Minister Faruk Khan said Monday."Bangladesh has to be prepared for the World Cup from business point of view," said the minister while...
Munima SultanaThe new Japanese administration prefers to assist Bangladesh with loans rather than 'grant-aid' in its large-scale infrastructure development projects like transport and power sectors, a senior official at Japan International Cooperation Agency (JICA) said.Mayumi Endoh, senior representative of JICA,...
Export maintained a positive growth, a comfortable 16.71 per cent rise in May compared to the corresponding month of last year, that also showed a positive sign in overall export performance during the outgoing fiscal year, reports UNB.Although the trend...
TBILISI, July 5 (Agencies): US Secretary of State Hillary Clinton Monday pledged continued American support for Georgia as the ex-Soviet nation is wending its way to democracy.Hillary, after arriving in the capital Tblisi as part of her first regional tour,...
WARSAW, July 5 (Reuters): The ruling Civic Platform party's candidate, Bronislaw Komorowski, won Poland's presidential election, exit polls showed on Sunday, minutes after polling stations closed in the second and final round of voting.Exit polls by public television said Komorowski,...
NEW DELHI, July 5 (AFP): An opposition-led strike over fuel price rises disrupted life across India Monday, triggering transport mayhem and sporadic violence in major cities where schools and businesses closed down.Flights were grounded in commercial airline hubs such as...
ASTANA, July 5 (AFP): Kyrgyzstan's newly elected President Roza Otunbayeva Monday warned her country still risked being hit by new unrest as she won the clearest Russian backing yet for her government."At the moment the situation is relatively calm but...
TEHRAN, July 5 (AFP): Airports in Britain, Germany and the United Arab Emirates have refused to offer fuel to Iranian passenger jets after unilateral sanctions imposed by Washington, ISNA news agency said Monday.IRNA, the official state news agency, said in...
PESHAWAR, July 5 (AFP): Four suicide attackers armed with car bombs and rockets targeted a fort in Pakistan, killing a soldier and wounding at least seven in an area troubled by Taliban, officials said Monday.The squad targeted the post manned...
59 journalists killed this yearGENEVA, July 5: Fifty-nine journalists have been killed because of their work in the first six months of this year, up from 53 for the same period last year, the Press Emblem Campaign said Monday. The...
CAPE TOWN, July 5 (AFP): Dutch coach Bert Van Marwijk has warned his players to keep their feet on the ground and ignore the hype as they prepare for Tuesday's World Cup semi-final against Uruguay as firm favourites.With expectations back...
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