FE Today Logo

Search results for:


Lack of online banking facilities affects delivery of refund warrants

2009-12-04 00:00:00

FE ReportSome unsuccessful applicants are yet to receive refund warrants of the newly listed issues due to absence of online facilities in some banks, officials involved with the IPO process told the FE Thursday.The Securities and Exchange Commission (SEC) notification,...

European shares rise in early trade, banks gain

2009-12-04 00:00:00

LONDON, Dec 3 (Reuters): European shares rose in early trade Thursday, building on gains in the previous two sessions, with banks up after Bank of America said it would repay government debt.At 0810 GMT, the FTSEurofirst index of top European...

ICB AMCL announces net asset value of two unit funds

2009-12-04 00:00:00

ICB Asset Management Company Limited (ICB AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), has announced Total Net Asset Value (NAV) of two of its unit funds recently.The total NAV of ICB AMCL Unit Fund stood at Tk 1,146,432,359.16...

Mamdudur Rashid joins BRAC Bank as DMD

2009-12-04 00:00:00

Mohammad Mamdudur Rashid has joined BRAC Bank recently as Deputy Managing Director.Prior to joining BRAC Bank, Mamdud was the Regional Head of Planning and Analysis for Citibank-Australia and New Zealand region for its institutional banking business. He brings over 19...

American, TPG offer $1.1b to JAL to block Delta

2009-12-04 00:00:00

TOKYO, Dec 3 (Reuters): American Airlines said it and other members of the Oneworld airline alliance along with private equity fund TPG are willing to invest $1.1 billion in Japan Airlines to prevent it defecting to Delta Air Lines and...

CBC MD due next week

2009-12-04 00:00:00

Commercial Bank of Ceylon (CBC) Managing Director AL Gooneratne will visit Dhaka next week, said a press release.He will preside over the official opening of two new SME centres in Dhaka and will also launch credit card.

IPO lottery draw of Golden Son Dec 10

2009-12-04 00:00:00

FE ReportThe IPO lottery draw of Golden Son Limited will be held on December 10, subject to approval of the Securities and Exchange Commission (SEC), the company sources said.The draw will be started at 11 am at city's Officers' Club,...

Govt likely to review BKMEA's demand for 10pc cash incentive on electricity bill

2009-12-04 00:00:00

Monira MunniThe government is likely to review the knitwear leaders' demand of ten per cent cash incentive on their electricity bill of the current fiscal year, Finance Minister AMA Muhith said. "The government will consider the demand to help boost...

Berger opens five vehicle re-finish dealers' outlets

2009-12-04 00:00:00

FE ReportBerger Paints (BD) Ltd has inaugurated five new vehicle re-finish dealers' outlets to market the world number one vehicle re-finish brands (NEXA Autocolour, Bilux and V-Fleet) in the country. Managing Director of Berger Paints (BD) Ltd Rupali Chowdhury inaugurated...

Asian stocks climb to 15-month high

2009-12-04 00:00:00

TOKYO, Dec 3 (Bloomberg): Asian stocks rose, driving the MSCI Asia Pacific Index to a 15-month high, as a weaker yen boosted Japanese exporters and the Federal Reserve said the US economy improved. Sony Corporation, which gets 23 per cent...

Germany 'faces new credit crunch': Economy Minister

2009-12-04 00:00:00

Germany's Economy Minister Rainer Bruederle has warned that German firms face another credit crunch if the country's banks do not lend more, reports BBC.In a television interview he said, "They should be giving out more credit. If they don't do...

Eurozone inflation turns positive after 7 months

2009-12-04 00:00:00

The eurozone has seen consumer prices rise for the first time in seven months, official figures have shown, reports BBC.Prices rose by 0.6 per cent in the 12 months to November, the European Union's Eurostat agency said.That marks a turnaround...

IPO Diary

2009-12-04 00:00:00

Prime Bank 1st ICB AMCL Mutual FundNature of the fundClose-end Mutual Fund of 10 (ten) years tenureSubscription OpenDecember 06, 2009Subscription CloseDecember 10, 2009For Non resident BangladeshiDecember 06, 2009 to December 19, 2009Offer Price (in Taka)Tk. 10.00 per unitFace Value (in...

Sehwag, Vijay pulverise Sri Lanka

2009-12-04 00:00:00

MUMBAI, Dec 3 (AFP): Virender Sehwag smashed a scintillating unbeaten double century as India turned the tables on Sri Lanka in the third and final cricket Test Thursday.Sehwag made 284 not out to lift the hosts to 443-1 by stumps...

Premier Div Cricket League begins today

2009-12-04 00:00:00

After a 10-day recess, the 10th round of the metropolis Premier Division Cricket League resumes today (Friday) with three matches slated on the day, reports UNB.On the day, Abahani Limited takes on Mohammedan SC at the Sher-e-Bangla National Stadium, Surjotarun...

Host looking forward to winning start

2009-12-04 00:00:00

Host Bangladesh is looking forward to make a winning start against Bhutan in their inaugural match of the SAFF Championship while Bhutan on the other hand will be happy if they can force host to share points at the Bangabandhu...

Ispahani Group event sponsor of Premier League

2009-12-04 00:00:00

Ispahani Group again extended their helping hand becoming the Event Sponsor in the middle of ongoing Ispahani Tea Dhaka Premier League 2009-10 that resumes today (Friday) after a 10-day break for Eid-Ul-Azha, reports UNB.They would give Tk 2.5 million (25...

Asian Games Co-host Cities Ready for Nov 2010 Games

2009-12-04 00:00:00

GUANGZHOU, China - December 3: The 16th Asian Games (www.gz2010.cn/en), part of the worldwide Olympic movement and governed by the Olympic Council of Asia (OCA) is reporting that co-host cities Foshan, Dongguan and Shawei will be ready for the Games...

Barca go five clear with Xerez win

2009-12-04 00:00:00

MADRID, Dec 3 (AFP): Barcelona and their new Ballon D'Or victor Lionel Messi moved five points clear of Real Madrid at the top of the Spanish league with goals from Thierry Henry and Zlatan Ibrahimovic sealing a 2-0 win at...

England cricketer Vaughan aims to bowl over art world

2009-12-04 00:00:00

LONDON, Dec 3 (AFP): First it was tennis legend Martina Navratilova, and now former England cricket captain Michael Vaughan is using his sporting skills to produce art. Vaughan, who led England to Ashes glory in 2005, has created a series...

Law Minister finds large-scale bails to accused unusual

2009-12-04 00:00:00

Law Minister Barrister Shafique Ahmed Thursday said the recent High Court orders granting large-scale bails to various accused, including lifers, was quite unusual, reports UNB."I have found the High Court stance unusual," Barrister Shafique told the journalists referring to the...

Court grants 7-day remand for Mufti Hannan

2009-12-04 00:00:00

Our CorrespondentJESSORE, Dec 3: A local court Thursday granted seven-day remand for Mufti Abdul Hannan, the leader of Harkatul Jihad (Huji) in Udichi bombing case.The Chief Judicial Magistrate Court of Mostafizur Rahman approved the remand prayer after Abdul Kayyum Shikdar,...

Govt encourages freedom of speech: President

2009-12-04 00:00:00

President Zillur Rahman emphasised on increasing training opportunities for country's journalists at home and abroad so that they could write quality reports to protect the interests of the common people, reports UNB. The President made the remark when a four-member...

French parliament discusses Bangladesh's vulnerability

2009-12-04 00:00:00

PARIS, Dec 3 (UNB): Bangladesh's vulnerability to global warming was eloquently discussed in French National Assembly here Wednesday. France and Brazil were poised to make a joint push at the Copenhagen climate change conference for adopting a financial framework to...

AL team seeks China's support in different sectors

2009-12-04 00:00:00

BEIJING, Dec 3 (BSS): The visiting Bangladesh Awami League (AL) delegation Thursday sought China's economic and technical cooperation in different sectors, including infrastructure development of Bangladesh.The five-member AL team, led by party's General Secretary and LGRD and Cooperatives Minister Syed...

Death anniversary of Shaheed Baqui today

2009-12-04 00:00:00

The 38th death anniversary of Shaheed Abdullah Hil Baqui Bir Protik will be observed today (Friday), says a press release. He embraced martyrdom in 1971 in a face-to-face fighting with Pakistani occupation forces. He was the commander of Baqui Unit...

Two Outlaws killed in Chuadanga 'shootout'

2009-12-04 00:00:00

CHUADANGA, Dec 2 (UNB): Two outlaws, including a divisional chief, were killed in a 'shootout' with law-enforcers at Kedarganjpara in the district town Wednesday.The deceased were identified as Jamal alias Robi (50), Khulna divisional chief of Purba Banglar Communist Party...

Telemedicine project to start middle of next year: Minister

2009-12-04 00:00:00

Minister for Health and Family Welfare Dr AFM Ruhal Haque Thursday said that the government was to start telemedicine project in the middle of next year to reach the healthcare services to the doorsteps of the people, reports BSS. "Due...

Taking care of Mother Earth to combat natural calamities stressed

2009-12-04 00:00:00

Economists, agriculturists and university teachers at a workshop in the city emphasised on taking care of Mother Earth by way of protecting environment to combat global worming, natural calamities and human sufferings. They asserted that economic globalisation is severely affecting...

Power Ministry recasts Road Show schedule

2009-12-04 00:00:00

Power and Energy Ministry Thursday recast the schedule of its planned Road Show to be held in three commercially important cities abroad to showcase investment opportunities and government's incentives for foreign investors, reports UNB. According to the new schedule, the...