FE Report Traidcraft Exchange Bangladesh office and Bangladesh Jute Research Institute (BJRI) signed a memorandum of understanding (MoU) in the city Thursday to work jointly towards developing jute and jute seeds in Bangladesh, said a press release. BJRI Director (Agriculture)...
VICENZAORO,ITALY, Jan 28 (Commodity Online): The World Gold Council has launched in January the Gold Expressions 2010 collection, which showcases the best of Italian gold jewellery design.The collection includes 53 jewellery lines from 33 leading goldsmiths. The display represents the...
Our CorrespondentSIRAJGANJ, Jan 28: Baghabari river port has become inoperative due to low water level in the Jamuna, sources said. As a result, cargo ships and barges carrying commodities such as fuel and fertiliser cannot reach the river port in...
FE ReportMoshiur Rahman (Humayun), an agriculturist, has been appointed director of Bangladesh Development Bank Ltd (BDBL) recently.He obtained his bachelor's degree in agriculture science from Sher-e-Bangla Agricultural University, Dhaka. Prominent business personality Moshiur Rahman is engaged in various professional organisations....
MANILA, Jan 28 (Commodity Online): The Philippines has decided to buy 2.1 million 50-kg bags of unhusked rice, locally known as palay, from local farmers starting February until April to help farmers.In a statement issued here National Food Authority of...
January 28, Thursday The following were the commercial banks' rates to public for some selectedforeign currencies with Bangladesh Taka in cash transaction Thursday.Selling rates to public (outward remittance)BankUSDEuroGBPJPYCHFCADAUDSCBsSonali Bank69.450097.8557112.87380.776366.435665.778262.8175Agrani Bank69.450097.7036112.85480.779066.397765.813662.7439FCBsStanChart69.65101.86113.440.7869.0268.3264.94HSBC 69.529099.6824114.35180.795567.408066.024863.4119Citibank naNANANANANANANABank of Ceylon69.5900100.6715115.11140.809967.985566.200565.5886PCBsUttara Bank69.500098.2807113.19470.784566.222665.790262.7851AB Bank69.500099.4794114.55290.7888NANANABuying rates from public (inward remittance)SCBsUSDEuroGBPJPYCHFCADAUDSonali...
LONDON, Jan 28 (AFP): Afghanistan will need international support for up to 15 years, President Hamid Karzai warned Wednesday, before a 70-nation conference on its future which will mull a plan to buy off Taliban fighters.Karzai, re-elected in November after...
A 16-year-old girl has been pulled out of the rubble in the Haitian capital, Port-au-Prince, a full 15 days after the earthquake struck, rescuers say, reports BBC.Darlene Etienne was said to be happy but dehydrated. Rescuers said she had survived...
SEOUL, Jan 28 (Reuters): North Korea fired several artillery rounds on Thursday in the direction of a South Korean island off the peninsula, a second day of shooting near a disputed sea border that has been the site of deadly...
WASHINGTON, Jan 28 (Reuters): President Barack Obama said his focus on nuclear disarmament had strengthened US diplomacy in dealing with North Korea and Iran, and he warned Tehran faced "growing consequences" over its nuclear program.In his State of the Union...
Nine people died when a block of flats collapsed in the city of Liege in eastern Belgium, officials say, reports BBC.Rescue work has been suspended amid fears that neighbouring buildings could also collapse. Twenty-one people were injured, three of them...
COLOMBO, Jan 28 (Reuters): Re-elected President Mahinda Rajapaksa will dissolve parliament shortly and call a legislative election, his office said Thursday, in a move that would let him reshape the unwieldy coalition now backing him.Rajapaksa won a thumping victory Tuesday...
A Z M AnasSwiss investors are keen to invest in Bangladesh but they believe key framework conditions in infrastructure, financial and legal systems are still not there, ambassador of Switzerland in Dhaka Urs Herren said Wednesday.He said energy and power...
Doulot Akter MalaThe government has decided to re-introduce the tax-exemption facilities for foreign technicians engaged in export processing zones (EPZ) in a bid to encourage foreign direct investment (FDI) and acquire technical know-how.Income of the foreign technicians will be exempted...
FE Report A delegation of The Institute of Cost and Management Accountants of Bangladesh (ICMAB) led by its President ABM Shamsuddin called on Dhaka Stock Exchange Limited (DSE) President Md Rakibur Rahman at the latter's office in the city Wednesday,...
Jasim Uddin Haroon In a surprise move, local traders have started exporting of non-ferrous metals to European markets, neighbouring India and Japan as these items have huge demands there.The term non-ferrous is used to indicate metals other than iron.Bangladesh has...
Muhammad Zakiul IslamThis is the new 'Brand Promise' of Biman Bangladesh Airlines Limited which will be launched today (Thursday) by the Honourable Prime Minister Sheikh Hasina. This renewed promise together with our existing 'Your Home in the Air' is a...
Md. Touhidul Alam KhanMalaysia achieved a spectacular success with Islamic finance. At end June last year, it accounted for about 19 per cent of the country's banking assets. At end-August, the Islamic capital market reached 803 billion Malaysian ringgit, representing...
SINGAPORE, Jan 27 (Reuters): Asian stocks fell for the ninth straight day Wednesday on fears that China's heightened efforts to rein in soaring credit growth could hamper the global economic recovery.European stocks were set to follow Asia lower, with financial...
One of the state owned commercial banks in Bangladesh Janata Bank Limited (JB) disbursed interest-free loans on easy condition to the landless rural farmers for poverty alleviation. Janata Bank Limited Chairman Dr Abul Barakat inaugurated the loan disbursing programme among...
TOKYO/DETROIT, Jan 27 (Reuters): Toyota Motor Corp will suspend US sales of eight models subject to a massive safety recall, an unprecedented move that sent its shares tumbling and raised questions about the timing of its earnings recovery.Toyota said it...
LONDON/SINGAPORE, Jan 27 (Bloomberg): Investment strategists are cutting recommendations on India at a record pace, after the country's stocks surpassed China as the most expensive major emerging market for the first time since 2006. The Bombay Stock Exchange's (BSE) Sensex...
NEW DELHI, Jan 27 (Economic Times): Bharti Airtel has invited bids to outsource the management of its 1,20,00 km-plus of inter-city optic fibre cable network and hopes to close the deal before the end of this fiscal, its chief executive...
KARACHI, Jan 27 (Business Recorder): The KSE-100 index Tuesday lost 22.72 points to close at 9,666.48 points level due to investors' concerns over the prevailing political situation in the country. The market opened on a positive note and the index...
KARACHI, Jan 27 (Business Recorder): Pakistan paid Tuesday $600 million on a maturing five-year Euro Sukuk Bond to foreign buyers, a central bank official said. Entering the international bond market, Pakistan launched first-ever Euro Bond in 2004 through Citibank to...
MUMBAI, Jan 27 (Reuters): No 3 Indian software-services firm Wipro Ltd said Wednesday it signed a multi-year outsourcing deal with British American Tobacco Plc, the world's second-biggest cigarette maker. Wipro will help British American Tobacco's application support services for global...
TEHRAN, Jan 27 (Commodity Online): Pakistan will assume responsibility for transferring Iranian gas to India under the terms of a pipeline agreement with Tehran, Iranian energy executives said.Iran and Pakistan scheduled a February meeting to sign off on a deal...
Transcom Beverages Limited (TBL) won the "Bottler of the year award" for the third time in recognition of the outstanding business results in 2009, said a press release.PepsiCo International Regional Chief Executive Officer (CEO) Sanjeev Chadha and Indian Actress Katrina...
NEW DELHI, Jan 27 (AFP): Jatropha is a miracle crop, an eco-friendly answer to India's growing energy needs, but some experts are starting to question whether the wonder-shrub is too good to be true. The seeds of the wild plant,...
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