FE ReportApollo Hospitals Dhaka, the first and only JCI accredited tertiary care hospital of the country, signed a corporate agreement with Bangladesh Global Interactive Limited (BG) to provide priority corporate benefits and medical services for their employees and dependents recently,...
MUMBAI, Mar 16 (PTI): Ajit Gulabchand-run HCC today acquired a controlling stake in Swiss real estate firm Karl Steiner AG in an all-cash deal for around Rs 1500 million (Swiss Francs 35 million), a move that will pave way for...
KARACHI, Mar 16 (Business Recorder): Positive trend was observed at Karachi share market Monday and the KSE-100 index rose by 62.46 points to 10,088.45 points level on the back of continuing interest of foreign investors. After positive opening, the index...
Fareast Finance & Investment Limited (FFIL), a leasing and finance company declared 60pc dividend in the form of bonus share for the year 2009, said a press release. The dividend was approved and declared in presence of the company's honourable...
NEW YORK, Mar 16 (Reuters): Lehman Brothers Holdings Inc Monday filed a plan with the US bankruptcy court in Manhattan to wind down its remaining assets and operations -- and end the largest US bankruptcy case in history. Under the...
FRANKFURT, Mar 16 (Bloomberg): German investor confidence dropped for a sixth month in March amid signs the economy is struggling to expand and as Greece's fiscal crisis shakes financial markets. The ZEW Center for European Economic Research in Mannheim said...
NEW DELHI, Mar 16 (PTI): Home linen products maker Pradip Overseas' initial public offer (IPO) has received good demand from investors and has got subscribed over 14 times at the end of the issue Monday. The total QIB portion was...
MUMBAI, Mar 16 (Reuters): Bangalore-based drug maker Strides Arcolab Ltd is in discussions to increase its stake in Australia's Ascent Pharmahealth Ltd to 100 per cent from 57 per cent, its top official said Tuesday.The company would have to pay...
VIENNA, March 16 (AFP): Key OPEC members yesterday said there was no need for the cartel to change its official oil output target owing to the current supply, demand and pricesituation amid a world economic recovery.The Organisation of Petroleum Exporting...
Petrol prices could hit a record high of £1.20 a litre in the next few weeks, according to the AA, reports BBC.Increases in the wholesale price of petrol since January are to blame for the rise in forecourt prices, the...
Our CorrespondentGOPALGANJ Mar 16: Tulshi Rani Saha, a housewife residing in a slum in the district, has been able to change her life by doing 'thonga' (paper bag) business.She earns around Tk 9,000 every month by selling her paper bags...
Our CorrespondentRANGAMATI, Mar 16: Food crisis may hit the poor in hilly areas in the coming dry season as stocks of foodgrains at the upazila godowns are insufficient.Unduly transfer of 'Demand Order' (DO) of foodgrains from different upazila godowns to...
Several kinds of New Season teas on offer which attracted strong competition at satisfactory levels were sold between Tk 245 and Tk 259 in the last auction held in Chittagong Tuesday. This was the last sale of the season and...
FE ReportInternet service providers in Bangladesh entered the era of IP (Internet Protocol) telephony Tuesday as a total of 18 local ISPs formally launched their operation of commercial internet telephony services in the country. The move has opened the way,...
FE Report The trading of 'ACI 20% Convertible Zero Coupon Bonds' begins March 22 on Dhaka Stock Exchange (DSE).With Tk 3,743 as per lot application money, the public offer size of the bond was Tk 400 million, while the face/redemption...
Standard Chartered Bank and Telemedicine Reference Centre Ltd. (TRCL) have recently signed an agreement through which all customers (both Accountholders & Credit Cardholders) of the Bank will enjoy a range of benefits at all nominated outlets of Telemedicine Reference Center,...
HSBC Bangladesh marked International Women's Day (IWD), celebrated March 8 every year, by donating 38 sewing machines to disadvantaged women of the society. A ceremony was held in this regard at HSBCs Banani branch.The donation which was the brainchild of...
FE ReportJUTIN- a corrugated sheet made of hessian cloth and solution of polymer material that can be used as an alternative to traditional metal corrugated sheets-was launched Monday.The new durable and eco-friendly product has been developed by a research group...
Under the "Refinance scheme for solar energy, biogas and effluent treatment plant (ETP)" of Bangladesh Bank, Trust Bank has disbursed Tk 1.95 million to some farmer families in Manikganj district. Under that scheme, executive director of Bangladesh Bank Mr. Abul...
Risk Associated with Trade Finance and Check Fraud Arranged by Wachovia Bank NA, pose for photo session. With 58 participants from different local banks, the training was inaugurated by Deputy Governor of Bangladesh Bank, Ziaul Hasan Siddiqui.
M Azizur RahmanThe government is yet to adopt a planned joint venture policy to engage competent foreign and local companies develop the country's ailing energy sector partnering with the state-owned entities due to lack of concentration of the energy ministry...
FE ReportBSRM, a leading steel company of the country, has engaged Pricewaterhouse-Coopers to articulate its vision and values for a more growth oriented corporate structure, and study the effectiveness of its human capital management.PricewaterhouseCoopers (PwC) is one of the largest...
FE ReportBanglalion has recently made its official launching of WiMAX Operation in Chittagong to transform the port city into a wireless city for efficient operation of industries and improved lifestyle. Chairman of the company Abdul Mannan launched the operation.Banglalion will...
DU CorrespondentShahjalal Islami Bank Limited (SJIBL) Tuesday awarded 330 poor and brilliant students scholarship worth around Tk 4.3 million as part of its corporate social responsibility (CSR).The bank gave 220 students passing the SSC examination in 2008 a lump scholarship...
MTB Securities, the stock brokerage arm of Mutual Trust Bank Limited (MTB), opened its Rangpur branch Monday, said a press release. Rangpur Municipality Mayor AKM Abdur Rauf Manik inaugurated the branch at a simple ceremony held at Mostofa Super Market,...
FE ReportMasud Rahman has been re-elected as president of Canada Bangladesh Chamber of Commerce and Industry (CanCham) for the term 2010-2011 at the election held at a city club Sunday. He is the managing director of M/s Crane Ltd, said...
Graeme Swann bagged his first 10-wicket match haul as England finally broke through Bangladesh's resistance to secure a 181-run victory at Chittagong, but not before Junaid Siddique and Mushfiqur Rahim had made them toil through another wicketless session, according to...
TURKU, Finland, Mar 16 (AP): David Beckham's left Achilles' tendon was totally torn, and the doctor who performed the surgery said the England midfielder is expected to be out of action for about six months.Orthopedic surgeon Dr Sakari Orava said...
Ronny Islam produced a match-winner in the 23rd minute of the play as Muktijoddha Sangsad KC posted a 1-0 victory over Farashganj SC in the day's only match of the Citycell Bangladesh League at the Bangabandhu National Stadium Tuesday, reports...
INDIAN WELLS, Calif, Mar 16 (AP): Novak Djokovic built up a head of steam while losing nine consecutive games over two sets. He let it out by tossing his ballcap after finally winning a game in the third. "If I...
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