FE Today Logo

Search results for:


news digest

2010-05-13 00:00:00

Suu Kyi files new appeal against detentionYANGON, May 12: Myanmar opposition leader Aung San Suu Kyi has lodged a new appeal with the Supreme Court against her house arrest in a last-chance attempt to win freedom, her lawyer said Wednesday....

S Asian fund managers to meet in Bangladesh in December

2010-05-13 00:00:00

Mohammad MufazzalSouth Asian fund managers will visit Bangladesh in December to explore the investment opportunity here, senior vice president of South Asian Federation of Exchanges (SAFE) Fakhor Uddin Ali Ahmad, said Tuesday.Mr Fakhor Uddin, who is also the president of...

Land Rover 4WD cars in city soon

2010-05-13 00:00:00

FE ReportIconic car manufacturer Land Rover is planning to introduce its new celebrated model Discovery 4 in Bangladesh's market, a top company official said Wednesday. "A wider launch will be held over the coming months," said Tom Hardyment, business Development...

Govt decision on sugar refiners' pleas next week

2010-05-13 00:00:00

FE Report The government will next week decide on the sugar refiners' pleas to lift exports ban and abolish controversial delivery order system, which is blamed for price manipulation in the market, officials said.The country's top sugar refiners have already...

Heyday for plastic home appliances

2010-05-13 00:00:00

Monira MunniThe demand for plastic household appliances is on the rise in the domestic market, driving the growth of the synthetic products industry upwards in the country."Demand for plastic home appliances is increasing remarkably as they are cheap and easy...

ONE Bank arranges Tk 1.16b for Crown Cement

2010-05-13 00:00:00

ONE Bank Limited, a leading commercial bank, has recently arranged Tk 1.16 billion under syndication for MI Cement Factory Limited, manufacturer of Crown Cement. The fund will be utilised for expansion of production capacity of Crown Cement from existing 2800...

IIDFC to raise fund for B2L

2010-05-13 00:00:00

The Industrial and Infrastructure Development Finance Company Limited (IIDFC) will arrange syndicated loan amounting to Tk 142.50 million for Bricks 2010 Limited (B2L), a private limited company, to set up an automatic brick producing plant.In this connection, a memorandum of...

Standard Bank approves 20pc stock dividend

2010-05-13 00:00:00

Standard Bank Ltd approved 20 per cent stock dividend for the shareholders for the year 2009 at its 11th annual general meeting (AGM) held in the city recently, says a press release.Chairman of the bank Kazi Akramuddin Ahmed presided over...

PM's directive to launch BRTC buses for city's schools, banks

2010-05-13 00:00:00

Prime Minister Sheikh Hasina has directed the authorities concerned to take initiatives to introduce specific BRTC bus services for the city's educational institutions, especially schools, and banks to provide the city dwellers with comfortable and timely transport facilities, reports UNB.Addressing...

Montu's wife wins compensation from Transcom

2010-05-13 00:00:00

The High Court Tuesday upheld the lower court verdict that ordered Transcom Beverage Company Ltd to pay compensation to the family of deceased Mozammel Hossain Montu, the then news editor of the Daily Sangbad, who was run over by a...

India wakes up to business of sport

2010-05-13 00:00:00

NEW DELHI, May 12 (AFP): The scandal engulfing the multi-billion dollar Indian Premier League (IPL) raises a cautionary flag in a country where big business and sport are currently enjoying a new and lucrative flirtation. When it comes to sport,...

Bharti shares drop 6pc on spectrum proposal

2010-05-13 00:00:00

NEW DELHI, May 12 (Reuters): Shares in Bharti Airtel Ltd, India's top mobile operator, dropped more than 6 per cent Wednesday, weighed down by concerns a new proposal on spectrum fee would hit the firm's earnings. The telecoms regulator Tuesday...

India wakes up to business of sport

2010-05-13 00:00:00

NEW DELHI, May 12 (AFP): The scandal engulfing the multi-billion dollar Indian Premier League (IPL) raises a cautionary flag in a country where big business and sport are currently enjoying a new and lucrative flirtation. When it comes to sport,...

Bharti shares drop 6pc on spectrum proposal

2010-05-13 00:00:00

NEW DELHI, May 12 (Reuters): Shares in Bharti Airtel Ltd, India's top mobile operator, dropped more than 6 per cent Wednesday, weighed down by concerns a new proposal on spectrum fee would hit the firm's earnings. The telecoms regulator Tuesday...

Bond yields ease after factory data

2010-05-13 00:00:00

MUMBAI, May 12 (Reuters): The yield on India's 10-year bond yield eased two basis points after March industrial output data came in lower than market expectations. At 11:06 am (0536 GMT), the yield on the new 10-year bond, the 7.80...

LSE index down 26.51 points

2010-05-13 00:00:00

LAHORE, May 12 (Business Recorder): Equities suffered losses mainly on account of selling pressure at Lahore Stock Exchange (LSE) Tuesday amid ascending transaction volume. The LSE-25 index showed a decline of 26.51 points and closed at 3201.99 points against 3228.50...

European shares extend gains as banks rise

2010-05-13 00:00:00

LONDON, May 12 (Reuters): European shares extended gains in morning trade Wednesday as financials rose further on strong banking results and tough austerity measures announced by Spain. At 0815 GMT, the FTSEurofirst 300 index of top European shares was up...

Argentina backs off $1b bond sale plan as yields surge

2010-05-13 00:00:00

NEW YORK, May 12 (Bloomberg): Argentine Economy Minister Amado Boudou said last week's jump in bond yields may prompt the government to shelve plans to sell as much as $1 billion of bonds, its first international offer since defaulting in...

Bank for the welfare of expatriate workers

2010-05-12 00:00:00

IN line with its election pledge, the incumbent government is now in the process of completing the necessary legal framework for the establishment of a specialised bank for helping, financially, the returnee expatriate workers. An official committee has already prepared...

The unprecedented Greek bailout

2010-05-12 00:00:00

Syed JamaluddinEurozone countries and the International Monetary Fund (IMF) agreed to an unprecedented 110billion euro (145 billion dollars) bailout for Greece to help avert default. Faced with prospect of running out of cash to honour its debt later this month,...

Traffic congestion makes city life difficult

2010-05-12 00:00:00

Alamgir SujaetWe have a dream of building Digital Bangladesh. Our all economic and administrative activities have been centralised in Dhaka as the capital city. Nowadays, the life in Dhaka city has come to almost standstill due to acute traffic congestion.The...

Defence policy should be based on geo-strategic considerations

2010-05-12 00:00:00

The geo-strategic importance of Bangladesh can hardly be over-emphasised and it is the prime duty of the government to take appropriate measures to maintain regional balance of power to safeguard our national interest. Bangladesh is surrounded by India on three...

EXIM Bank establishes hospital under CSR

2010-05-12 00:00:00

Private Commercial Banks (PCBs) are going ahead with their Corporate Social Responsibility (CSR) activities in different spheres of society. Earlier, it was assumed that the PCBs were only profit-making machines. These days the PCBs are coming up with programmes of...

The end of Brown: A true conviction politician

2010-05-12 00:00:00

Talha J AhmadGORDON Brown, British Prime Minister and leader of the Labour party, has announced his resignation to pave the way for a progressive alliance to form government. This announcement comes truly as a surprise to most observers of British...

A world based on social business

2010-05-12 00:00:00

Maswood Alam KhanA banker working in any Islamic bank would tell you that they do neither charge interests on loans given to a businessman nor do they give any interest to any depositor who keeps money with them. Then how...

A case for defining and criminalising torture in Bangladesh

2010-05-12 00:00:00

Saqeb Mahbub Rafi As Bangladesh struggles, even with the restoration of a democratic government, to put an end to human rights violations in the form of extra-judicial killings and torture by law enforcers, one may wonder how far having a...

Wednesday

2010-05-12 00:00:00

ATN Banglaam07:00 Sangbad07:30 Positive Bangladesh 08:00 Sangbad08:30 Drama serial- Kothay Pabo Tare09:00 News Bulletins09:10 Drama - Kande Amar Ma10:00 Sangbad10:30 Hello Banglades11:15 Asian City Vision 202012:00 Sangbad Bulletins12:15 It Zone01:00 Sangbad Bulletins01:25 Band Vew02:00 Sangbad02:30 Drama serial -Baba03:00 Sangbad Bulletins03:15...

Asian shares dip after biggest one-day rise in a year

2010-05-12 00:00:00

TOKYO, May 11 (Reuters): A massive relief rally in financial markets on news of a $1 trillion deal to resolve Europe's debt crisis fizzled Tuesday on nagging doubts about how Greece and other debt-laden euro zone countries will reduce their...

Markets recover from day's low

2010-05-12 00:00:00

MUMBAI, May 11 (Business Standard): Markets have started to recover from their lows. The Sensex is now down just 98 points at 17,232. Earlier in the day, the index had touched a low of 17,114.The Nifty is down 31 points...

Bond yields ease, auction papers as expected

2010-05-12 00:00:00

MUMBAI, May 11 (Reuters): Bond yields were steady to lower Monday in low volumes as the auction papers announced for this week were in line with expectations and although there were worries about debt supplies in the shorter-end pushing up...