FE Today Logo

Search results for:


US to increase troops in Haiti as rescue teams pull back

2010-01-22 00:00:00

PORT-AU-PRINCE (agencies): The US is sending another 4,000 sailors and marines to Haiti for the earthquake relief effort, diverting them from deployments in the Gulf and Africa, reports BBC.The 24th Marine Expeditionary Unit and USS Nassau Amphibious Ready Group would...

news digest

2010-01-22 00:00:00

Yemen halts entry visas at airports over Qaeda threatSANAA, Jan 21 : Yemen announced Thursday that it would stop granting entry visas to travellers at the country's international airports in order to "halt terrorist infiltration," the Saba state news agency...

Thrust on business-friendly approach in governing telecom sector

2010-01-22 00:00:00

FE ReportThe existing laws and regulations governing the country's telecom industry should be liberalized to attract more foreign investment in the sector, Post and Telecommunications Minister Raziuddin Ahmed Raju said Thursday. Terming certain provisions of the current set of telecom...

MCCI hails govt step to allow farmers open accounts by depositing Tk 10

2010-01-22 00:00:00

FE ReportThe MCCI hailed the government's initiative to allow cash-starved farmers open accounts with state-owned banks by depositing Tk 10 only.M Anis Ud Dowla, president of Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI) in a statement said "Easy access...

Southeast Bank holds w'shop on remittance payment system

2010-01-22 00:00:00

FE ReportA workshop on 'Remittance Payment System' was organised for the officers of Southeast Bank Ltd at the bank's training institute in the city recently.M Serajul Islam, executive director of the bank, inaugurated the workshop as the chief guest.Mr Islam,...

Minimum IPO offloading not applicable to MFs with trust deeds approved: SEC

2010-01-22 00:00:00

FE ReportThe mutual funds (MFs), trust deeds of which were approved before November 5 last, will not come under the purview of the finance ministry's decision that a mutual fund must offload minimum 50 per cent of its units through...

Current account surplus posts $1.7 billion

2010-01-22 00:00:00

Sheikh Shahariar ZamanThe country posted US$1.7 billion current account surplus in July-November period of the ongoing fiscal showing an ominous piling up of unutilised money. The current account surplus is the difference between total domestic income and remittance and total...

Top PCB MDs to attend NY confce

2010-01-22 00:00:00

FE ReportAt least 13 managing directors and chief executives of leading private commercial banks have been invited to attend a chief executive conference, scheduled to be held in New York from January 31 to February 3 this year. US banking...

Eastland Ins holds managers’ conference

2010-01-22 00:00:00

FE ReportEastland Insurance Company Limited held its Regional Managers' Conference 2010 at the Conference Hall of Metropolitan Chamber of Commerce and Industry , Dhaka (MCCI) in the city Thursday.Mahbubur Rahman, chairman of the company, inaugurated the conference, according to a...

Split of nominal value of share from Tk. 100.00 to Tk. 10.00 approved

2010-01-22 00:00:00

FE ReportThe shareholders of Uttara Finance and Investments Limited have unanimously approved the split of nominal value of share of the company from Tk. 100.00 each to Tk. 10.00 each.The approval came at 3rd EGM of the company held Thursday...

RJSCF likely to earn over Tk 500m rev in FY '10

2010-01-22 00:00:00

Fazlur RahmanThe Registrar of Joint Stock Companies and Firms (RJSCF) will earn more than Tk 500 million in the current fiscal year, as more companies are seeking approval for opening new businesses, officials said.In the first six months of 2009-10,...

Banglalink to pay remittance to EBL clients

2010-01-22 00:00:00

FE ReportBanglalink has signed an agreement with Eastern Bank Ltd (EBL) on mobile based remittance service in the city recently, said a press release.Ahmed Abou Doma, CEO and managing director of Banglalink, and his Eastern Bank Ltd counterpart Ali Reza...

City Bank, Gulshan Club sign card acceptance deal

2010-01-22 00:00:00

FE Report City Bank and Gulshan Club have signed an agreement on the acceptance of American Express Credit Cards & VISA Cards. City Bank Managing Director and Chief Executive Officer (CEO) K Mahmood Sattar and Gulshan Club President Rubel Aziz...

China Eastern's special package to visit Guangzhou at $237

2010-01-22 00:00:00

China Eastern Airlines has announced special fare for visitors to Guangzhou, Shenzhen, Hong Kong, Kunming and several other destinations. The company is offering 15 days valid return air ticket at $ 237 plus and 30 days valid return ticket at...

IBBL donates winter clothes among poor

2010-01-22 00:00:00

FE Report Islami Bank Bangladesh Limited (IBBL) has recently distributed winter clothes among the cold-hit poor people through its branches in the three northern districts of the country, said a press release. Islami Bank Foundation, a sister concern of the...

IPO Diary

2010-01-22 00:00:00

ACI 20pc Convertible Zero Coupon BondsSubscription OpenJanuary 31, 2010Subscription CloseFebruary 04, 2010For Non resident BangladeshisJanuary 31, 2010 to February 13, 2010Total Issue Size1,335,850 Convertible Zero Coupon Bonds ofTk 1,000 each totaling Tk 1,335,850,000.Private Placement801,510 Convertible Zero Coupon Bonds of Tk...

Bangladesh go down fighting against India

2010-01-22 00:00:00

CHITTAGONG, Jan 21 (BSS): Mushfiqur Rahim's century went in vain as India stamped their authority as a superior team when they recorded a 113-run victory in the first Idea Cup Test on the fifth and final day at Zohur Ahmed...

Arsenal dig deep to go top, Liverpool beat Spurs

2010-01-22 00:00:00

LONDON, Jan 21 (Reuters): Arsenal fought back from 2-0 down to beat Bolton Wanderers 4-2 and go top of the Premier League while Liverpool re-ignited their season with a 2-0 win over Tottenham Hotspur on Wednesday.Arsenal's victory at the Emirates...

Djokovic, Davydenko into 3rd round, Ivanovic out

2010-01-22 00:00:00

MELBOURNE, JAN 21 (AP): Back on the court where he won his only Grand Slam title, Novak Djokovic overcame an early struggle against a journeyman Swiss player before advancing to the third round of the Australian Open.The third-ranked Djok-ovic had...

Rajshahi takes 14-run lead over Ctg

2010-01-22 00:00:00

Holders Rajshahi Division scored 198 for 3 in 69 overs in the first innings to take a 14-run lead against Chittagong Division on the second day of the four-day 2nd round match of the National Cricket League at BKSP in...

Ronaldinho hoping to maintain good form in derby

2010-01-22 00:00:00

MILAN, Jan 21 (AP): AC Milan goes into the city derby against Inter Milan as a slight underdog, but knowing that a win Sunday could open up the championship race.A Milan win would close the gap to leader Inter to...

First year performance of govt disappointing: Akbar Ali Khan

2010-01-22 00:00:00

FE ReportFormer adviser of caretaker government Akbar Ali Khan termed the first year of ruling government's performance 'disappointing' in terms of corruption mitigation. "Despite their pre-election announcement to annually publish wealth statements of all top government officials, ministers, MP's and...

Fifth Amendment hearing adjourned until Jan 24

2010-01-22 00:00:00

The Appellate Division has adjourned until January 24 the proceedings on two petitions seeking a stay order on the 2005 High Court judgment declaring the Fifth Amendment to the constitution illegal.A full six-member Bench of the Division, led by Chief...

Anti-Chittagong forces opposing transit: Mayor

2010-01-22 00:00:00

Our CorrespondentCHITTAGONG, Jan 21: Mayor of Chittagong City Corporation ABM Mohiuddin Chowdhury expressed satisfaction at offering transit facilities to India, Nepal and Bhutan and said, it was a long cherished desire of the people of Chittagong. In a statement he...

AL-backed panel wins JU deans poll

2010-01-22 00:00:00

JU Correspondent JAHANGIRNAGAR UNIVERSITY, Jan 21: Awami League-backed teachers' forum won full panel in the dean election of Jahangirnagar University (JU) defeating the Nationalist Teachers' Forum.The election to the deans for four faculties of JU was held Thursday.Prof Ausit Baran...

BCL vows to resist terrorism at DU

2010-01-22 00:00:00

DU CorrespondentBangladesh Chhatra League (BCL) demonstrated on the Dhaka University (DU) campus Thursday protesting 'strike, terrorism and anarchism' by Jatiyatabadi Chhatra Dal (JCD) at the university.Hundreds of BCL leaders and activists from different residential halls of DU joined the protest...

Climate issues: Maldives to work under Dhaka's leadership

2010-01-22 00:00:00

The Maldives government intends to address the global climate-change issues under the leadership of Bangladesh, as both are the most vulnerable countries to climatic calamities."The Maldives wants to work with Bangladesh on climate-change issues," newly appointed High Commissioner of the...

HC to hear Zia Trust case petitions on Jan 24

2010-01-22 00:00:00

The High Court (HC) has set January 24 to hear the petitions filed by BNP Chairperson Khaleda Zia and her son Tarique Rahman for staying proceedings of Zia Orphanage Trust case.

Government urged to take steps to increase wages of tea workers

2010-01-22 00:00:00

Speakers at a book launching ceremony urged the government to take proper steps for increasing the wages of tea workers to help improve their poverty-stricken life, reports UNB.They said the maximum daily wage of a tea worker at present is...

New int'l airport to be constructed outside Dhaka: Quader

2010-01-22 00:00:00

A new international airport would be constructed outside the city to reduce the pressure on the Zia International Airport, minister for Civil Aviation and Tourism Ghulam Mohammad Quader informed the House Thursday, reports BSS.Responding to a query from treasury bench...