KHULNA, Dec 14 (UNB): The Jute Press Association of Khulna has expressed apprehension that ban on raw jute export would encourage smuggling of the item across the border.Demanding immediate withdrawal of the export ban, association's General Secretary Akhter Hossain Firoze...
KARACHI, Dec 15 (Business Recorder): Nishat Mills Limited (NML) has entered into an agreement with AES Pakistan HoldCo to acquire substantial majority shareholding in AES Lalpir and AES Pak Gen (Private) Limited. In an information sent to Karachi Stock Exchange...
KOLKATA, Dec 15 (PTI): India has urged the US Securities and Exchange Commission (SEC) not to impose fine on Satyam, now Mahindra Satyam, in view of irregularities as the company was also listed there."We have urged the SEC that there...
MUMBAI, Dec 15 (Economic Times): Tata Motors, India's largest vehicle maker, expects sales of its sports utility vehicles to rise by 60 per cent to 4.000 units a month, following the introduction of an upgraded version of its Sumo model....
TeliaSonera's mobile broadband commercial network in Stockholm is now the fastest and largest in the world, according to a press release issued by Ericsson.Carl-Henric Svanberg, President and CEO of Ericsson is excited about this historical moment. "The new era of...
Our CorrespondentBRAHMANBARIA, Dec 15: Anil Kumar Saha Roy and Farid Uddin Ahmed have recently been elected President and General Secretary of Bangladesh Krishi Bank Officers' Kallyan Samity (BKBOKS), Brahmanbaria unit respectively for the term of 2010-2012.This was disclosed at the...
NEW DELHI, Dec 15 (Economic Times): Bajaj FinServ, the Bajaj group's financial services arm, is looking to widen its footprint to businesses as diverse as home loan and construction equipment financing as the 'next logical step' in its expanding bouquet...
SINGAPORE, Dec 15 (AFP): Oil prices rose in Asian trade Tuesday as traders were heartened by renewed demand for energy in the region, dealers said. New York's main contract, light sweet crude for delivery in January, gained 26 cents to...
Our CorrespondentGOPALGANJ, Dec 15: Unauthorised toll collectors frequently harass traders at Daulatdia-Paturia ferry ghats when they (the latter) transport various goods from different southern districts to Dhaka. The traders who make regular trips through the ghats with their perishable goods...
SINGAPORE, Dec 15 (Commodity Online): Gold prices remained higher in Asian trade Tuesday ahead of a crucial Fed meet scheduled for later Tuesday.Bullion prices firmed as the dollar stayed weak on improved risk tolerance after concerns eased about Dubai's debt...
KARACHI, Dec 15 (Commodity Online): Pakistan's National Commodity Exchange Limited (NCEL) Monday launched the first Commodity Index in the country.Speaking to reporters here, NCEL chairman Sameer Ahmed said, "The NCEL Commodity Index based on the composition of five commodities available...
TOKYO, Dec 15 (Bloomberg): Wheat climbed for a fourth day on speculation that snow storms in the US and reduced planting in Europe may limit northern hemisphere supplies."This year the US had snow earlier than usual and more rain," said...
CHICAGO, Dec 15 (Bloomberg): Rising milk, beef, pork and chicken prices will double the pace of US food inflation next year as livestock supplies shrink and rebounding economies boost demand, said Michael Swanson, a senior economist at Wells Fargo &...
December 15, Tuesday The following were the commercial banks' rates to public for some selectedforeign currencies with Bangladesh Taka in cash transaction Tuesday.Selling rates to public (outward remittance)BankUSDEuroGBPJPYCHFCADAUDSCBsSonali Bank69.4500102.2460113.50740.791167.613365.952263.7668Agrani Bank69.3500102.6051111.16000.794267.597065.992162.6260FCBsStanChart69.50106.77117.300.8371.8367.7965.84HSBC 69.6265103.8070115.31190.832567.993366.047264.2226Citibank naNANANANANANANABank of Ceylon69.5900103.8239116.37790.814369.603966.504265.9365PCBsUttara Bank69.4500103.2480113.72040.802867.780966.148363.8422AB Bank69.5500103.9210115.15670.8026NANANABuying rates from public (inward remittance)SCBsUSDEuroGBPJPYCHFCADAUDSonali...
Siddique Islam Bangladesh has applied for membership of Egmont Group to operate its newly-established financial intelligence unit (FIU) in line with international standard, officials said Monday. Malaysia, an Egmont Group member country, made the proposal for inclusion of Bangladesh in...
FE ReportCommercial Bank of Ceylon (CBC) PLC has opened two new SME service centres at the city's Progati Sarani and Shantinagar recently.AL Gooneratne, managing director of the bank, inaugurated the SME service centres, said a press release. Senior officials of...
A one day-long workshop was arranged for the Shariah Inspectors of the Islamic Banks in Bangladesh Monday in a local hotel.Central Shariah Board for Islamic Banks of Bangladesh arranged the programme while Millennium Information Solution Ltd sponsored. Justice Mohammed Abdur...
Takashi SUZUKI has been assigned as the new representative of the Japan External Trade Organisation (JETRO), the official trade and investment promotion agency of government of Japan in its Dhaka office. He has replaced Mr Tomohiro KINOMOTO. The change over...
Nazmul AhsanThe government has finalized 20 projects, mostly in the areas of infrastructure and telecommunication, having direct and indirect relevance to the efforts for bolstering the economic cooperation among regional countries, officials in the Prime Minister's Office said.The estimated cost...
Mercantile Bank Limited (MBL) will donate Tk 2.49 million (24.97 lakh) to SEID Trust for development of the underprivileged children with intellectual and mental disabilities as a part of its Corporate Social Responsibility (CSR), said a press release. The amount...
Sheikh Shahariar ZamanFreight forwarders are going to increase the local service charge by Tk 1,000 to the level of Tk 2,500 per bill of lading effective from January 1 amid vehement protest from garment manufacturers."We wanted to increase the charge...
Doulot Akter MalaCentral Intelligence Cell of National Board of Revenue (NBR) has decided to launch criminal investigation from January next targeting specific groups of people who are evading taxes despite repeated warning by the NBR.Central Intelligence Cell (CIC) has drawn...
FE ReportThe refund warrants of the unsuccessful applicants who applied for the Initial Public Offering (IPO) of Golden Son Limited will be credited to their respective bank accounts and the manual refund warrants will also be deposited in the respective...
The draw for initial public offering (IPO) of Provati Insurance Company Limited was held at Bangabandhu International Conference Centre in the city Tuesday. The draw was conducted by a group of BUET professors, according to a press release.The representatives of...
ISLAMABAD, Dec 15 (A): A suspected car bomb ripped through a market near the home of a politician in central Pakistan on Tuesday, killing at least 10 people and wounding 25 including relatives of the lawmaker.The blast in the Punjab...
BOCA RATON, Florida, Dec 15 (Reuters): Corruption, whether in the form of crooked officials, financial fraudsters or even philandering sports stars, is tearing at the fabric of U.S. society and is the country's No. 1 criminal threat, a senior FBI...
BAGHDAD, Dec 15 (AP): A series of car bombs ripped through downtown Baghdad early Tuesday, killing five and wounding at least 16 people in the latest attack in the Iraqi capital targeting an area home to many government buildings, government...
HAVANA, Dec 15 (AP): Fidel Castro says President Barack Obama's "friendly smile and African-American face" are hiding Washington's sinister intentions for Latin America - more evidence of a cooling in relations between Cuba and the U.S. after a thaw had...
PARIS, Dec 15 (AFP): The chemical Bisphenol A used in plastic containers and drinks cans has been shown for the first time to affect the functioning of the intestines, according to a French study published Monday. National Institute of Agronomic...
KABUL, Dec 15 (AP): A suicide car bomber struck a heavily guarded neighborhood Tuesday near the home of a former Afghan vice president and a hotel favored by Westerners, killing at least eight people and wounding dozens, officials said.The Afghan...
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