Sheikh Shahariar ZamanApollo Hospitals Dhaka and Information Technology Company Ltd are going to float shares to raise money for business expansion.Both the companies have collected Tk 735 million through private placements, said Mafizuddin Sarker, managing director of LankaBangla.Finance, lead manager...
FE Report Pubali Bank Limited has recently opened its 386th branch at Nandinabazar in Jamalpur with a view to provide modern banking services, said a press release. Minister for Land Md Rezaul Karim Hira inaugurated the new branch of the...
Doulot Akter MalaThe National Board of Revenue (NBR) has offered special tax incentives for sponsors of Bangladesh Olympic Association (BOA) to host the 11th South Asian (SA) Games. The eight-nation multi-sport event, with a Tk 1.14 billion budget, is scheduled...
FE ReportFitch Ratings Wednesday commented that Bharti Airtel Limited's (Bharti) acquisition of a 70 per cent stake in Bangladesh's Warid Telecom (Warid) will not have an impact on the former's ratings. Fitch has a Long-term Issuer Default Rating of 'BBB-'...
Syed Moazzam Hossain, Managing Director of SMH Group and Mr. Ashraful Haq Chowdhury General Manager of Warid Telecom International Limited have been elected as President and Hony. Secretary General respectively of the Bangladesh Malaysia Chamber of Commerce & Industry (BMCCI)...
The ICB Asset Management Company Limited (AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), has declared the net asset values (NAV) of its two unit funds.ICB AMCL Unit Fund: The total NAV of ICB AMCL Unit Fund stood at...
Mr. M. Fazlur Rahman, FCA and Mr. K. A. M. Majedur Rahman have been promoted to the positions of the Additional Managing Directors of AB Bank Limited. Mr. M. Fazlur Rahman has been entrusted with the responsibility of the Investment...
FE ReportThe country's leading industrial and business conglomerate 'Bashundhara Group' has initiated to build an industrial village at Pangaon in Keranigonj spending about Tk 10 billion.Under the brand name-Bashundhara Food and Beverage Industries Ltd- the group plans to set up...
FHM Humayan KabirPower Division has sought Tk 8.84 billion less fund from its total Tk 35.74 billion development budget allocation, as it has 'failed' to implement projects mainly on electricity generation in time, officials said Monday.Planning Ministry officials said the...
FE ReportThe Dhaka International Trade Fair (DITF) 2010 is running in full swing within two weeks of inauguration as thousands city dwellers of all ages visit the country's largest yearly carnival every day.Jointly organized by the ministry of commerce and...
FE Report The Asian Development Bank (ADB) has set up a multidonor Urban Financing Partnership Facility to support its wide ranging urban development projects, with the government of Sweden the first to inject funds. The facility will provide grants and...
FE ReportThe Annual Business Conference 2009 of Agrovet Division of Eskayef Bangladesh Ltd was held in Sylhet recently. AM Faruque, managing director of the company, AR Sardar, general manager of Agrovet, Motiar Hossain, marketing manager of Agrovet, and other officials...
CHENNAI, Jan 14 (Economic Times): Malaysia government initiated Malaysia Property Inc (MPI) is seeking to leverage on its historic and harmonious relationship between the country and Tamil Nadu for promoting and branding Malaysia as a preferred real estate destination among...
SAN FRANCISCO, Jan 14 (Reuters): California's main debt rating was cut Wednesday by Standard & Poor's, which said the government of the most populous US state could nearly run out of cash in March -- and another rating cut might...
KARACHI, Jan 14 (Business Recorder): During second quarter of fiscal year 2010, organisations across key industries in Asia Pacific continued to adopt or expand implementations of Oracle Database, Oracle Fusion Middleware, Oracle Enterprise Performance Management and Oracle Business Intelligence, and...
Finance Minister Abul Maal Abdul Muhith thanked financial institutions for coming forward to sponsor the 11th edition of the SA Games, the biggest sports extravaganza of the sub-continent scheduled to begin from January 29 to February 09 in the city,...
SYDNEY, Jan 14 (AP): Top-ranked Serena Williams rallied from a set and 5-2 down to beat Avarane Rezai 3-6, 7-5, 6-4 and move into a Sydney International final against defending champion Elena Dementieva.Rezai was serving for the match at 5-3...
On the day when he was voted the world's best cricketer of the past ten years, Ricky Ponting showed his use-by date didn't arrive with the end of the decade. Ponting and Michael Clarke each scored centuries in a merciless...
BOLZANO, Italy, Jan 14 (AFP): A pair of diamond earrings seized from football star Diego Maradona raised 36,250 dollars (25,000 euros) at auction Thursday when they were sold by the Italian tax authorities. Italy's financial police took the gold earrings...
England's hopes of emerging from South Africa with a memorable series win were dealt a devastating blow on a breathless first day at Johannesburg, as Dale Steyn and Morne Morkel combined with ruthless intent a helpful but not unplayable surface,...
BOGRA, Jan 14 (UNB): Small and medium entrepreneurs have started establishing industrial units in residential areas as there were no space in BSCIC industrial area of Bogra.As there is no plot in the BSCIC industrial area, the new entrepreneurs are...
DU CorrespondentA mega reunion of Dhaka University Alumni Association (DUAA) will be held on the university's playground January 16 on the occasion of 60 years of the association. DUAA Secretary General Raquibuddin Ahmed told a press conference at DU senate...
A nine-day national Scout Jamboree began at Mouchak National Scout Training Centre in Gazipur Thursday.About 13,000 scouts aged between 11-16 from home and abroad are participating in the 8th Jamboree, which was being held once every four years since 1978,...
Bangladesh expects a major breakthrough in finding quick treatment of drug-resistant tuberculosis (TB) after a preliminary finding of an observational study shows positive signs of curing patients in nine months, 15 months down from existing protocol for two years, reports...
The annual Urs marking the first death anniversary of Alhaj Hazrat Shah Sufi Syed Hamidullah (RA), the eighth gaddinashin pir of Mia Saheber Maidan Khanka Sharif, will be held on the mazar premises today (Friday) at Luxmi Bazar in the...
The name of Fisheries and Livestock Ministry has been changed to Ministry of Fisheries and Animal Resources (Matsya and Pranisampad Mantranalaya).The decision was taken at the Cabinet meeting in the city Thursday. Prime Minister Sheikh Hasina presided over the meeting,...
The Election Commi-ssion (EC) carried out various reforms and other routine activities with dynamism to strengthen democracy in the country remaining above any political influence in the last one year.Election Commissioner M Shakhawat Hossain told BSS that people had a...
LALMONIRHAT, Jan 14 (BSS): Fifteen thousand inhabitants of Dahagram and Angarpota enclaves are going to get electricity soon after waiting for a long time.A battalion level meeting between the Bangladesh Rifles (BDR) and Indian Border Security Force (BSF) on January...
The High Court (HC) has set January 19 to hear the petitions filed by BNP Chairperson Khaleda Zia and her son Tarique Rahman for staying proceedings of the Zia Orphanage Trust case.An HC Division Bench of Justice Md Abdul Wahhab...
BAGERHAT, Jan 14 (UNB): A case was filed against six suspected Razakars (collaborators) Tuesday for killing three freedom fighters here during the country's War of Liberation in 1971.Surjaban Bibi of Sutalri village in Morelganj Upazila filed the case with the...
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