FE ReportThe 23rd Annual Sales Conference of General Pharmaceuticals Ltd was held in Cox's Bazar Tuesday, said a press release.Managing Director of the company Dr Momenul Haq inaugurated the daylong conference.Director Dr Sarah Momen, Director (Marketing) Mir Zaki Azam Chowdhury,...
HONG KONG, Jan 13 (Agencies): Fears that the global recovery may lose steam weighed on Asian shares Wednesday as China moved to curb its credit boom and Wall Street's earnings season got off to a weak start. Tokyo closed 1.32...
SHANGHAI/SAN FRANCISCO, Jan 13 (Reuters): Google Inc threatened to quit China, the world's biggest Internet market, warning it would no longer tolerate strict censorship of its Google.cn search engine.The threat by the world's leading Internet search provider may win it...
Our CorrespondentKHULNA, Jan 13: Unloading of an import consignment of 714 reconditioned cars carried by a foreign vessel started at the Mongla Port jetty Wednesday.M/s Haques Bay Automobiles of Dhaka imported these motorised vehicles. Earlier, the company had imported 255...
DETROIT, Jan 13 (AFP): China and India could reshape the global auto industry and pose a significant competitive threat in coming years, executives from the world's top carmakers said at the Detroit auto show. "They are a very credible threat...
Monira MunniThe jute millers see Australia and New Zealand as potential destinations for their products, especially jute shopping bags, as eco-concerns drive demand for biodegradable goods in the global market.They said a big opportunity lies ahead for higher volume of...
Our CorrespondentSIRAJGANJ, Jan 13: Bee cultivators in various upazilas of the district are losing their eagerness in collecting honey due to its low price.In every winter season, hundreds of bee cultivators come to Taras, Ullapara, Shajadpur and Raiganj upazilas of...
FE ReportThe tea market continued to remain strong with buyers concentrating on clean liquoring teas, as a result of which prices again appreciated for these varieties, according to the National Brokers Limited. Blenders were active with some interest shown by...
January 13, Wednesday The following were the commercial banks' rates to public for some selectedforeign currencies with Bangladesh Taka in cash transaction Wednesday.Selling rates to public (outward remittance)BankUSDEuroGBPJPYCHFCADAUDSCBsSonali Bank69.4500101.0734112.53960.770468.502667.222664.4438Agrani Bank69.4500100.8914112.51450.772968.455167.164664.2232FCBsStanChart69.65101.86113.440.7869.0268.3264.94HSBC 69.6120102.3366113.54860.787068.960167.585665.1507Citibank naNANANANANANANABank of Ceylon69.5400102.4977114.68800.781569.805367.969967.2104PCBsUttara Bank69.5000101.4784112.81770.778168.335867.228464.4184AB Bank69.5500102.7412114.19900.7824NANANABuying rates from public (inward remittance)SCBsUSDEuroGBPJPYCHFCADAUDSonali...
PORT-AU-PRINCE, Jan 13 (Reuters): A major earthquake rocked Haiti, killing possibly thousands of people as it toppled the presidential palace and hillside shanties alike and leaving the poor Caribbean nation appealing for international help.A five-story UN building was also brought...
WASHINGTON, Jan 13 (AFP): A new sheaf of opinion polls shows Americans sharply divided on President Barack Obama's first year in office, as his ratings on key issues like health care and the economy hit new lows. Polling also suggests...
TAIPEI, Jan 13 (AFP): Most Taiwanese approve of plans to ban smoking while walking, a survey showed Wednesday, indicating that a proposed law to curb tobacco use on the move will enjoy broad public support. Nearly 58 per cent of...
TEHRAN, Jan 13 (AFP): Parliament speaker Ali Larijani, Iran's former chief nuclear negotiator, accused intelligence agents of the United States (US) and Israel Wednesday of plotting a bombing which killed a top atomic scientist. In an angry address to Iran's...
S Korea jails North spy for 10 years SEOUL, Jan 13: A South Korean court Wednesday jailed a college lecturer for 10 years after convicting him of spying for North Korea over almost two decades. The 37-year-old, identified only by...
FE Report The development of the country's securities market requires aligning of the intetest rates on national savings certificates with that of the government approved securities to avoid fragmentation of instruments.The regulators, market participants and the World Bank (WB) have...
The share lottery of Prime Bank first ICB AMCL Mutual Fund was held at NSC Tower auditorium in the city Tuesday, said a press release.Investment Corporation of Bangladesh (ICB) General Manager Dina Ahsan presided over the function.Prime Bank Managing Director...
FE Report S Hafeez. Rahman, a Bangladeshi national, has been appointed Director General of the Asian Development Bank's (ADB) South Asia Department, with responsibility for ADB operations in Bangladesh, Bhutan, India, Maldives, Nepal and Sri Lanka.Mr. Rahman, who took over...
The Qulkhani of Mr Taheruddin Chowdhury , chairman of Chowdhury Construction Ltd. and Chowdhury Himagar of Badurtala, Bogra will be held at his Bogra Residence (Badurtala) tomorrow (Friday) after Jum'a PrayerMr Chowdhury died of old-age complications Tuesday at his Gulshan...
FE ReportMr. S..M. Kamaluddin, chairman of Concord Group was elected President of Korea-Bangladesh Chamber of Commerce & Industry.He was elected at the first general meeting of the chamber held Monday.Besides, Mr. Kihak Sung, Chairman YOUNGONE Group was elected Senior Vice...
Mercantile Bank Limited distributed winter clothes among the distressed people of the cold affected areas of the country under its corporate social responsibility programme recently, according to a press release.About 14,000 pieces of new winter clothes like blankets, shawls, sweaters...
FE ReportThe lottery draw for the Initial Public Offering of DBH First Mutual Fund will be held at 10:30 am today (Thursday) at the Bangabandhu International Conference Centre (BICC), says a press release.The subscription of the public issue of the...
The City Bank Limited has recently opened its 10th SME service centre with online SME and retail banking and foreign remittance services of the bank at Bhatiary in Chittagong.Head of SME Banking of The City Bank Limited Budrudduza Choudhury inaugurated...
FE ReportThe 9th international garment and allied machinery and accessories trade show "GARMENTECH Bangladesh-2010" kicked off at Bangabandhu International Conference Centre in the city Wednesday."The exposition will showcase technology and solutions to the sector in productivity, skill development and value...
In a news item published in FE’s Tuesday’s issue (Page-1) under the headline "SEC withholds four cos' refund warrant distribution," it was mistakenly written that distribution of refund warrants worth Tk 5 million has been withheld. Actually, it would be...
Jasim Uddin Haroon The industrial units located in the country's eight export processing zones earned US$ 1.07 billion from exports during July-November of the current fiscal year amid ongoing global economic meltdown, officials said.Senior officials at the Bangladesh Export Processing...
Jashim UddinBRAHMANBARIA, Jan 13: Sub-standard education imparted by unauthorised schools in Brahmanbaria town has posed a threat to nurture proper human resource at the grass-root level. Guardians said their children after passing from these schools are becoming non-competitive in the...
FE ReportThe country's five major export items that contribute over 85 per cent to the country's total export failed to achieve their target at the end of first five months of the 2009-10 fiscal.According to data revealed by the state-run...
IBBL Managing Director M Fariduddin Ahmad asked his staff to ensure the justice of Islam by disseminating money in all social strata through diversification of investment.He said this while presiding over the 'Annual Business and Development Conference 2010' of IBBL...
The Prime Minister of Bangladesh had a meeting with the Prime Minister of India on January 11, 2010, which was followed by delegation-level talks. l Prime Minister Dr. Manmohan Singh congratulated Prime Minister Sheikh Hasina on her party's impressive electoral...
Maswood Alam KhanChina overtook the United States as the world's leading exporter of ICT goods such as mobile phones, laptop computers, digital cameras etc. in 2004, passed Germany as the third-largest economy in 2007 and surpassed the United States not...
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