A North Korean submarine's torpedo sank a South Korean navy ship on 26 March causing the deaths of 46 sailors, an international report has found, reports BBC.Investigators said they had discovered part of the torpedo on the sea floor and...
Thailand has extended a curfew in Bangkok for three more nights as troops rooted out small pockets of resistance and residents attempted a return to normal life following yesterday's assault on anti-government protesters, reports BBC.Bangkok has mostly fallen quiet after...
PARIS, May 20 (AFP): Proposed UN sanctions against Iran's nuclear programme would halt Russia's sale of S-300 surface-to-air missiles to Tehran, Western diplomats told AFP Thursday.Moscow had already agreed the sale of the missiles, part of an air defence system...
MARSEILLE, (France), May 20 (AFP): French Muslims celebrate a milestone on Thursday when building work begins on a mega-mosque in Marseille, the nation's biggest, and a potent symbol of Islam's place in modern France.A day after the French government approved...
Mehdi Musharraf BhuiyanThe government is considering granting 10 years' tax holiday to companies willing to invest in hi tech park as part of the state's proposed incentives for wooing investors in the mega technology hub now under construction.Simultaneously, the local...
Our CorrespondentCHITTAGONG, May 20: PHP Group, one of the major industrial houses of the country, is going to sponsor a mutual fund worth Tk 2.0 billion.The PHP Group signed a trust deed at its corporate office in the city with...
FE Report Dhaka Stock Exchange (DSE) has finally proposed to start trading session from 10.30 am instead of 11:00 am.It also fixed debut trading of ICB AMCL 3rd NRB Mutual Fund in the bourse from Monday.The DSE board of directors...
Andrew Parker and Philip Stafford FT Syndication ServiceLONDON: Vodafone was forced to write down the value of its Indian business by more than 25 per cent, just three years after securing control of the country's second-largest mobile operator.The writedown on...
The government, in an advance effort to stabilise the volatile sugar market during the holy month of Ramadan, has decided to import sugar, Industries Minister Dilip Barua has said."The Cabinet Purchase Committee has already approved import of 25,000 tonnes of...
FE ReportM. Humayun Kabir joined Sonali Bank Limited on Thursday as the new managing director and chief executive officer, the bank said.Prior to joining Sonali bank, he served the Investment Corporation of Bangladesh (ICB) as managing director.Mr Kabir began his...
Citibank, N.A. Bangladesh with the help of Citi Center for Advanced Learning (CCAL), Philippines recently organized a 3-day comprehensive training programme on "improving the Control Environment" in the city. The course was attended by 30 Citi officials and facilitated by...
FE ReportThe country's RMG manufacturers are going to explore potential overseas markets in South America as a delegation is expected to visit Brazil, Mexico and Chile this month to search for buyers there, insiders of the apparel sector said Wednesday."We...
The Institute of Cost and Management Accountants of Bangladesh (ICMAB) organised a pre?budget discussion meeting on National Budget-2010?2011 at ICMAB Ruhul Quddus Auditorium in the city recently, said a press release.Textiles and Jute Minister Abdul Latif Siddique, MP, was present...
Bank Asia opened 4th Islamic Banking Window at its Lohagara Branch, Chittagong Wednesday, says a press release.Vice Chairman of Mustafa Group of Industries Shafiq Uddin inaugurated the window as the chief guest. President and Managing Director of bank Erfanuddin Ahmed,...
Our CorrespondentCHITTAGONG, May 20: Chittagong city mayor ABM Mohiuddin Chowdhury has resigned from the post and submitted his nomination paper seeking an unprecedented fourth term in office as the CCC mayor.He was accompanied by some leaders of Awami League Chittagong...
Kuala Lumpur, May 20 (UNB): Prime Minister Sheikh Hasina outright dismissed the allegation made by Leader of the Opposition Khaleda Zia at the Paltan grand rally Wednesday that not a single megawatt of power was produced during the previous Awami...
The inquiry commission formed to probe the incidents after the 2001 election will go to Bhola on May 23 for a four-day visit, reports UNB.Three members of the commission would visit Bhola Sadar, Lalmohon, Tajumuddin and Borhanuddin upazilas.The members of...
Bangladesh A team conceded a massive 114 runs defeat to West Indies A team in the first four-day match on the 4th and final day at Sher-e-Bangla National Cricket Stadium in Mirpur Thursday, reports UNB.The 2nd string Bangladesh side will...
League leaders Abahani Limited will play the third-ranked Sheikh Russell KC in a key match of Citycell Bangladesh League today (Friday) almost to assure the league crown for the 3rd time in a row, reports UNB.The match will kick off...
Agrani Bank SC beat Badda Jagarani Sangsad by a solitary goal in their opening match of the Metropolis Senior Division Football League at the Bir Shrestha Sepoy Mohammad Mostafa Kamal Stadium in the city Thursday, reports UNB.Mehdi scored the all-important...
A two-day training course on swimming for women, organised by the Bangladesh Women Sports Association, began Thursday at the Sultana Kamal Women's Sports Complex at Dhanmondi in the city, reports UNB. Bangladesh Women Sports' Association general secretary Mahfuza Akter Kiron...
The 4th Electra Divisional Karate Championship begins today (Friday) at 9:00 am at the Gymnasium of MA Aziz Stadium in Chittagong, reports UNB. Some 80 boys and 75 girls from different parts of Chittagoing division will take part in the...
The government will allocate fund in the next national budget for the welfare of patients at upazila health complexes.This was informed at the 9th meeting of Parliamentary Standing Committee on Social Welfare Ministry held at the Sangsad Bhaban with committee...
Renowned industrialist and incumbent chairman of Southern University Foun-dation (SUF), Khalilur Rahman was re-elected SUF chair unanimously at the executive committee meeting, says a press release.Managing Director of Bangladesh Ship Breaking Limited M Liakat Ali Chowdhury and Mostafa Group Vice-Chairman...
Bangladesh Army is going to replace its contingents in United Nations (UN) Mission in Darfur in Sudan. A total of 175 army personnel of Sector Reserve Infantry Company-2 will be replaced by Sector Reserve Company-1 in the United Nations African...
Mohammad MufazzalThe securities regulator has stepped up surveillance of the country's two bourses but ruled out any intervention to cool the markets down, officials said Thursday. The two bourses have broken one record after another in the last five days...
KUALA LUMPUR, May 20 (UNB): Prime Minister Sheikh Hasina has urged Malaysian entrepreneurs to invest in Bangladesh particularly in labour intensive industries, including RMG, textile, light engineering, electronics, agro-based products, ICT, power and infrastructure.Addressing a roundtable dialogue with Malaysian investors...
Nazmul AhsanSouth Korea has extended duty-free access to 878 Bangladeshi goods including garments from July this year to boost trade ties between the two nations, officials said Thursday.Asia's fourth largest economy made the offer under the Asia-Pacific Trade Agreement (APTA)...
President of American Chamber of Commerce in Bangladesh (AmCham) Aftab-ul-Islam Thursday urged the businesses, chambers and trade-bodies for taking a united move against hartal, reports BSS."Hartal damages the image of a country besides causing huge loss to the economy," Aftab-ul-Islam...
FE ReportDhaka stocks closed in on 6,000 Thursday after fifth consecutive session of record-breaking run as investors continued to be upbeat over the government's share splitting decision and rising hopes of a market-friendly budget. The DSE General Index (DGEN) --...
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