TOKYO, Apr 26 (Reuters): Japan's Nikkei average jumped 2.3 per cent Monday, breaking above resistance at the level of its 25-day moving average, as worries about Greece receded and companies such as copier and printer firms benefited after strong earnings...
MUMBAI, Apr 26 (Reuters): Federal bond yields edged up in thin trade Monday morning tracking a rise in US yields but a sharp rise would be prevented by some value buying kicking in at higher yield levels. At 9:20 am...
KARACHI, Apr 26 (Business Recorder): Despite strong results, range-bound activity was witnessed at Karachi share market during the week ended on April 24 and the KSE-100 index lost 52.18 points to close the week at 10,607.03 points.Continuous foreign investors' interest...
Renowned wholesaler of decorative tiles, Ceramic City, will promote Berger Home Decor services and illusions to its customers through displaying illusion designs, a fashionable design for walls at all their outlets in the city. Berger Paints signed a Memorandum of...
DUBLIN, Apr 26 (AFP): Struggling Irish lender Bank of Ireland said Monday that it planned to raise 3.4 billion euros (4.6 billion dollars) in fresh capital with the help of the government.The state's 34 per cent stake in the bailed-out...
FE ReportMetro Group, a German company, and Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) have signed an MoU to set up a child daycare centre for the garment workers in Narayanganj BSCIC area.BKMEA President Fazlul Hoque and German Ambassador in...
Continued from page 9and declared to take the fight to top players. Immediately after Airtel's arrival, big player started to unveil deep cuts in their tariff rates, leading to decline of maximum call rate to about Tk1.49 from Tk2.30 per...
NEW YORK, Apr 26 (Bloomberg): The bond vigilantes who punished governments for profligate spending in past years have gone into hiding. Sovereign bonds yield an average 2.385 per cent, about the same as a year ago and below the average...
FE ReportAgriculture minister Begum Matia Chowdhury on Sunday said adaptation to advanced agriculture technologies is vital to enhance gross productivity but that has to be suited for Bangladeshi usages."Advance use of technology, good seed, availability of fertiliser is vital for...
NEW YORK, April 26 (Bloomberg): Soybeans rose to a three-month high on speculation that cold weather may curb planting in China, boosting demand from the world's largest consumer.Soybeans for July delivery gained as much as 1 per cent to $10.20...
KUALA LUMPUR, April 26 (Bloomberg): Palm oil advanced as crude oil rose for a third day, boosting the appeal of vegetable oils used in biofuels, and after Godrej International Ltd. director Dorab Mistry said the tropical oil may advance in...
LONDON, April 26 (Bloomberg): Gold fell from a one-week high in London as the dollar's advance against the euro may curb demand from investors seeking an alternative investment.The dollar extended gains against the euro as Greece moved toward getting an...
LONDON April 26 (Bloomberg): Crude oil was little changed, giving up earlier gains, as the dollar advanced against the euro, reducing the appeal of commodities to investors.Oil traded near $85 a barrel as the euro dropped for the seventh time...
April 26, Monday The following were the commercial banks' rates to public for some selectedforeign currencies with Bangladesh Taka in cash transaction Monday.Selling rates to public (outward remittance)BankUSDEuroGBPJPYCHFCADAUDSCBsSonali Bank69.550093.4952107.60490.745565.124170.009864.9071Agrani Bank69.550093.3162107.54350.748365.074169.945464.6911FCBsStanChart69.6294.82108.270.7766.3571.2766.29HSBC 69.605594.7389108.70470.768665.807570.061865.4504Citibank naNANANANANANANABank of Ceylon69.610094.9158109.22760.777866.100170.355866.9231PCBsUttara Bank69.550094.6267107.06610.765765.515968.936364.8487AB Bank69.600094.5908108.64750.7569NANANABuying rates from public (inward remittance)SCBsUSDEuroGBPJPYCHFCADAUDSonali...
Fazlur RahmanMobile phone operators posted sizzling growth in the first quarter amid one of the fiercest price wars in the sector triggered by acquisition of Warid by Indian low-cost operator, Bharti Airtel.The country's six mobile phone companies added 2.27 million...
FE ReportPubali Bank Limited was rated AA3 in the Long Term and ST1 in the Short Term."This level of rating indicates very strong capacity for timely payment of financial commitments in both Long Term and Short Term with very low...
FE ReportThe ICB Third NRB Mutual Fund will issue its refund warrants on magnetic ink character recognition (MICR) cheques for the first time in the country.Meanwhile, the Initial Public Offering (IPO) lottery draw of the mutual fund will be held...
FE ReportTwo international exhibitions on medical, pharmaceutical and healthcare products and services will begin concurrently in the city on May 5 to bring the latest global technologies close to Bangladesh.The expositions will showcase the latest technologies and solutions to the...
The shareholders of Prime Finance and Investment Limited approved 40 per cent stock dividend and 10 per cent cash dividend for the year 2009 to strengthen the capital base of the company.The approval came at the fourteenth annual general meeting...
FE ReportThe government has taken up a solar energy project to light public offices at the upazila level to ease pressure on the national grid."We have undertaken a pilot project initially for 10 upazilas and it will be replicated in...
A Z M Anas South Korea has resumed recruitment of Bangladeshi workers under a special job scheme, officials said Sunday, in a major boost to the country's faltering labour export. Officials said the Bangladesh Overseas Employment Services Ltd (BOESL), the...
The members of visiting Malaysian business delegation have expressed their keen interest to invest in Bangladesh's communication, telecommunication and power sectors.They expressed the interest while speaking at a meeting of the Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) in the...
International Finance Corporation (IFC) has joined hands with German Development Cooperation (GTZ) and Infrastructure Development Company Limited (IDCOL) to promote sustainable waste management in Bangladesh's poultry sector, said a press release.The waste-to-energy initiative brings multiple benefits to poultry farmers and...
GlaxoSmithKline Bangladesh Limited has approved a 160 per cent dividend (Tk 16.00 per share of Tk 10.00 each) for its shareholders for the year 2009, according to a press release.The approval was given at the 37th annual general meeting (AGM)...
Our CorrespondentCHITTAGONG, Apr 26: The foreign investors have been urged to invest in Bangladesh as the country has the potentiality of becoming an attractive manufacturing centre in Asia.President of the Chittagong Stock Exchange (CSE) Fakhor Uddin Ali Ahmed made the...
Robi, a mobile telephone operator in the country, will invest Tk 480 million ($70 million) in network modernisation and expansion, which will improve its customers' experience when making calls and using wireless internet facilities, according to a press release.Chief Technical...
Grameenphone (GP) has introduced a special package 'Ekota' to meet the business needs of small organisations, said a press release. Users of the package will be able to stay close to their clients, employees and business contacts through its features...
The shareholders of Islamic Finance and Investment Ltd approved 25 per cent stock dividend for the financial year 2009 to strengthen the capital base of the company.The approval came at the 9th annual general meeting (AGM) of the company held...
Citibank, N.A. Bangladesh organized a discussion session on the occasion of "Citi Earth Week 2010" recently.The session focused on environmental awareness and how business units innovate green solutions. Citi is observing Earth Week 2010 from April 19 to 23 globally...
Three players share the top slot in the final phase of Arlin Developer 31st National Women Chess Championship securing full three points after the third round matches at the Narayanganj Club Monday, reports UNB.They are reigning national women champion Sharmin...
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