Chittagong OfficeCHITTAGONG, Dec 05: Two security personnel of Chittagong port have been suspended for their negligence of duty. They are assistant sub-inspector Belayet Hossain and security guard Quamrul.Director (security) of Chittagong Port Lt Col. Quamrul Islam ordered their suspension yesterday...
Our CorrespondentGAZIPUR, Dec 5: More than 30 city dwellers donned gloves and used tools to assist low-income rural families in Gazipur Saturday at Habitat for Humanity's Bangladesh Open Build. Expatriate and Bangladeshi individuals travelled to Kaliganj, north-east of Dhaka, to...
DINAJPUR, Dec 5 (UNB): Bangladesh Rifles (BDR) jawans seized Indian cloths and motor parts worth Tk 12.5 million (1.25 crore) at Kundan hat in Birampur Upazila Saturday.A BDR team of Achintapur camp raided the bazar and seized the Indian sarees,...
Maswood Alam KhanIf you ever visit Barisal your local host, or the receptionist of the hotel you have boarded at, may fumble with the buttons of his shirt if you ask him to find for you some places of interest...
Anirudha AlamA well-defined plan of action is needed to tackle the menace. Development of human resource to raise awareness about HIV/AIDS and other sexually transmitted diseases (STDs) should get top priority. With awareness and motivation, the common people would be...
RIYADH, Dec 5 (Economic Times): Saudi stocks dropped 2.3 per cent but then recovered slightly in early trading Saturday as Dubai's troubles spread to the Gulf's largest equities market by capitalisation. In its first session since Dubai announced it would...
WASHINGTON, Dec 5 (Reuters): Regulators seized six more US banks Friday, bringing the tally of failures to 130 this year as the bank industry continues to suffer under the weight of deteriorating loans.Small banks are expected to continue to fail...
Country's largest and the only integrated dry process Cement Plant Lafarge Surma Cement (LSC) Limited signed a memorandum of understanding (MoU) with Sumona Builders Limited at Lafarge head office in the city recently, said a press release. Under this agreement,...
NEW YORK, Dec 5 (Reuters): US stocks advanced Friday as data showed the economy shed far fewer jobs than expected last month, brightening the outlook for the economy and profits.Economically sensitive sectors like industrials, technology, consumer and financials made the...
MUMBAI, Dec 4 (Hindustan Times): The Bombay Stock Exchange (BSE) launched its online mutual fund trading platform Friday. The platform allows BSE brokers to use the existing exchange infrastructure for transaction in mutual fund schemes. All existing mutual fund investors...
NEW YORK, Dec 5 (Reuters): US Treasury debt prices tumbled Friday, sending yields to three-week highs, as a surprisingly small drop in November employment fueled economic recovery hopes and sapped demand for safe-haven bonds.The government said the US economy lost...
MUMBAI, 4 Dec (PTI): Mauritius-based Nalanda India Fund Ltd has increased its stake in IT consultancy services provider MindTree Ltd to 5.32 per cent for over Rs 800.9 million. Foreign-based fund house acquired 0.1.3 million equity shares of the firm...
KARACHI, Dec 5 (Business Recorder): The Karachi share market Friday witnessed another dull session due to investors' lack of interest over the prevailing economic, political and law and order situation in the country. After moving to both sides, the KSE-100...
KARACHI, Dec 5 (Business Recorder): An outflow of $5.3 million of foreign portfolio investment from the country's equity market was witnessed during the week ended on December 4, 2009. "The offshore investors trimmed down their positions primarily due to uncertainty...
LONDON, Dec 5 (AFP): Gold prices broke through 1,200 dollars for the first time ever this week, cementing the precious metal's rapid rise over the past year as nervous traders sought safe-haven investments. There were meanwhile multi-month highs for silver,...
LAHORE, Dec 5 (Commodity Online) : Bumper wheat harvest in Pakistan this year might create more problems for its provinces as all of them lacks storage facility to keep the vital commodity, analysts said.Slow lifting of wheat by the provinces...
CONNETICUT, Dec 5 (Commodity Online): The US solar power purchase agreement (PPA) market will grow to reach an estimated $8 billion in new photovoltaic (PV) solar power generation installations by 2013, up from an estimated $700,000 in 2009, according to...
ROME, Dec 5 (Commodity Online): A document from the Food and Agriculture Organisation (FMA) says that climate change has badly hit agriculture. It said farming practices that capture carbon and store it in agricultural soils offer some of the most...
WASHINGTON, Dec 5 (Commodity Online): More than 100 dairy farmers from New York, Pennsylvania, Maryland, Virginia, Kentucky and Tennessee traveled to Washington, D.C., the other day to meet with congressional representatives and other officials to present solutions that would end...
FE ReportThe initial public offering (IPO) subscriptions of two mutual funds and one insurance company begin today (Sunday) aiming to raise over Tk 3.0 billion from the general public.The issues are Trust Bank First Mutual Fund, Prime Bank First ICB...
FE ReportThe country's garment export is suffering badly due to nagging gas crisis, which is hampering industrial production, knitwear-makers said Saturday."With the recent energy price hike and the prevailing energy shortage, production, proper operation and maintenance of machinery and equipment...
BENAPOLE, Dec 5 (UNB): Export-import activities through Benapole Land Port resumed Saturday morning after two days of suspension.Hamidur Rahman, customs cargo officer of the port check post, said trucks loaded with export-import goods started crossing the border.Export-import activities through the...
A delegation of the Institute of Cost and Management Accountants of Bangladesh (ICMAB) led by its President ABM Shamsuddin called on Feroz Ahmed, secretary of the Ministry of Commerce, at the latter's office in the city recently, said a press...
FE Report Premier Bank Limited organised a Eid reunion and monthly managers' conference at the bank's head office at Banani in the city Saturday, said a press release. Chairman of the board of directors HBM Iqbal was present in the...
FE ReportA two-day conference on Basel II is set to begin in Dhaka Wednesday to help local financial institutions adopt the framework, run their businesses through best practices and prepare themselves for facing financial and operational risks.Global Strategy Exchange (GSE),...
Post and Telecomm- unica tions Minister Razi Uddin Ahmed Raju formally inaugurated the Aktel mobile phone network of Kaptai upazila under Rangamati hill district by receiving a call from State Minister for CHT Affairs Dipankar Talukdar.The minister received the call...
WASHINGTON-Insurance products are a way of life, protecting companies and people's interests from cradle to death and alleviating much of the risk that could rise to nightmarish proportions. The list is endless-life insurance, health insurance, disability insurance, homeowners insurance, car...
TOKYO, Dec 5 (Bloomberg): Asian stocks posted the biggest weekly gain in seven months as concern eased that losses from Dubai World's possible default will batter lenders and after the Bank of Japan stepped up its effort to fight deflation.Commonwealth...
FE ReportOrascom Telecom Holding (OTH) has restructured its organisation recently in a move to focus more effectively on growth and drive greater agility in the execution of key strategic transformational goals.The board of directors of Orascom Telecom Holding has promoted...
LONDON, Dec 5 (FT): General Motors has shaken up its management team just three days after Fritz Henderson was sacked as chief executive.Ed Whitacre, GM's chairman and acting CEO, put his stamp further on the majority US government-owned carmaker by...
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