Metro Spinning to give 25pc stock dividend Metro Spinning Limited has recommended 25 per cent stock dividend for its shareholders for the year that ended on June 30, 2009. The annual general meeting (AGM) of the company will be held...
Doulot Akter MalaThe government is planning to fully open up Narayanganj river port to vessels carrying containerised Indian cargoes from across the border to facilitate trade with New Delhi.The move is among a set of measures shipping officials of the...
Siddique Islam The central bank has extended both coverage and duration of the loan rescheduling facility for recession-hit export sectors without any downpayment.Instead of five specific sectors, all export-oriented sectors will now be entitled to the facility until June 30...
M. A. TaslimMuch importance is attached to the concept of 'backward linkages' in development literature. It refers to an industry that produces an output that is used as an input in the production of another output. For example, steel production...
FE ReportThe government will launch its 0.3-million tonnes of food grain purchase drive for the current 'Aman' season from today (Monday)."The Aman procurement drive will kick off from December 7, 2009 in accordance with the decision of Food Planning and...
BNP Chairperson Khaleda Zia Sunday invited Prime Minister Sheikh Hasina to attend her party's fifth national council tomorrow (Tuesday), reports UNB. On behalf of the BNP chairperson, a three-member delegation, led by opposition Chief Whip Zainul Abdin Farroque, went to...
FARIDPUR, Dec 6 (UNB): At least 21 people were killed and 50 others injured as two passenger-packed buses collided head on and then both crashed into a roadside ditch at Sadardai in Bhanga Upazila Sunday.Deputy Commissioner Helal Uddin told the...
FE ReportDhaka stocks dropped slightly Sunday, as banking and telecom shares lost on the government's decision to set a standard face value for all forthcoming listed companies, dealers said. The benchmark DGEN ended at 4383.30 with a fall of 27.16...
Dr Ahmad Al Kabir has been appointed as the chairman of state-owned Rupali Bank in major changes in the management of the bank, which was set to be off-loaded to the private sector, reports UNB.Dr Kabir is a managing partner...
FENI, Dec 6: The Indian Border Security Force (BSF) trespassed into Bangladesh territory at Belonia and abducted three men Saturday evening. BSF troops illegally crossed the border and picked up Abdul Karim, Mohammad Swapan and Manzoor Morshed from the eastern...
The government has undertaken 14 programmes for employment of about 42.5 million (4.25 crore) jobless youths of the country. State Minister for Youth and Sports Ahad Ali Sarker made the disclosure at a press conference in the city Sunday ahead...
The police Sunday recovered bodies of three women, two of them unidentified, in the capital's Badda, Moghbazar and Dakkhin Khan areas, sources said. The law enforcers found the truncated body of a 30-year-old woman inside a travel bag at Khilpartek...
FE ReportAround 190 million textbooks will be distributed among the primary and secondary students across the country within the first week of January 2010, said Education Minister Nurul Islam Nahid Sunday."It's a big challenge for the government after the devastating...
FE ReportBangladesh continues bilateral, regional and multilateral negotiations as the multilateral regime talks remain stalled, said commerce minister M Faruk Khan on Sunday."We are participating in the APTA meeting on December 15 and Prime Minister Sheikh Hasina will visit India...
FE ReportBangladesh Bank (BB) is going to implement a project to provide credit information report of potential borrowers to banks within a minute, which now takes over a week.The project for automation of Credit Information Bureau (CIB) of the central...
FE ReportForeign Minister Dipu Moni has said the upcoming visit of Prime Minister Sheikh Hasina to neighbouring India would be a socio economically positive turn, not only in bilateral terms but also for the South Asian region as a whole....
China believed any disagreement between Bangladesh and Myanmar over demarcation of sea boundaries "would be resolved", Awami League (AL) general secretary Syed Ashraful Islam said on his return from Beijing Sunday, reports bdnews24.com. Ashraf told reporters at Zia International Airport:...
FE ReportDhaka Metropolitan Police (DMP) will enforce new traffic rules in the city from tomorrow (Tuesday), as the trial run ends today amidst continuation of violation of rules.The DMP held a high level meeting Monday with Dhaka City Corporation (DCC)...
TEHRAN, (AP): Iranian authorities have slowed Internet connections to a crawl or choked them off completely before expected student protests Monday to deny the opposition a vital means of communication.In another familiar tactic before such rallies, authorities have ordered journalists...
WASHINGTON (AP): President Barack Obama is paying a rare visit to Capitol Hill to urge Senate Democrats forward as they work through the weekend to try to resolve their differences on his sweeping health care overhaul.The president’s planned appearance at...
Syed Naquib MuslimWith corruption, another malady which pervades our body politic or society is sycophancy. Sycophancy is a vile verbal art of showering false admiration on others to achieve unethical private interests. The word originates from the Greek god, named...
Md Sajib HossainTHE capital market in Bangladesh has been expanding in its depth, size, investors' participation, trade volume, exposure to domestic and international market, over the part few years. Gradually it is, thus, becoming an alternative source of finance for...
Shamsher Chowdhury I have always wondered as to why we continue to be a nation plunged into chaos, poverty and injustices of all forms and dimensions. Government after government has come and gone promising us the world. Yet by the...
BANGKOK, Dec 6 (Reuters): Southeast Asian stock markets mostly rose Thursday, with Singapore hitting a 16-month high and Thai stocks rallying after a slump the previous day caused by a court ruling that hurt heavyweight PTT and others.Singapore's benchmark stock...
SINGAPORE, Dec 6 (Bloomberg): Asian currencies gained this week, led by the Philippine peso and South Korea's won, as signs a regional economic recovery is gathering pace boosted appetite for emerging-market assets. Korea's won posted its biggest weekly advance in...
NEW DELHI, Dec 6 (Economic Times): The suspension of over a thousand companies by Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) since 1996 has blocked over Rs 580 billion of individual equity investors' money. Their hard-earned money is...
PERTH, Dec 6 (Bloomberg): Chevron Corp signed an 82-billion-dollar contract, Australia's biggest energy deal, to supply liquefied natural gas to Tokyo Electric Power Co and sell the Japanese utility a stake in its Wheatstone project. The contract is for up...
MEXICO CITY, Dec 6 (Bloomberg): Petroleo Brasileiro SA, Brazil's state-controlled oil producer, plans to expand its $174.4 billion investment programme as it develops offshore fields in the so-called pre-salt region. Petrobras, as the company is known, will announce the expanded...
SAO PAULO, Dec 6 (Reuters): Brazilian stocks moved higher in early trading Friday, benefiting from a takeover activity between two retail rivals in Brazil and as better US job numbers inspired investors to take on risk.The benchmark Bovespa index added...
ISLAMABAD, Dec 6 (Business Recorder): Bears returned in the driving seat at the Islamabad Stock Exchange (ISE) where equities showed negative signs under the lead of hot favourite amid decrease in the index. ISE Ten Index was down by 15.23...
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