FE ReportThe Securities and Exchange Commission (SEC) approved issuance of rights of People's Insurance Ltd, company sources said.According to the SEC approval, People's Insurance will issue 2 million rights shares, which will have a face value of Tk.100 and premium...
Citi has been chosen as the Best Bank in Asia for the year 2009 by FinanceAsia magazine, one of Asia's leading finance publications. Citi also picked up the awards of 'best commercial bank in Asia' and 'best cash management bank...
Bangladesh Frozen Foods Exporters Association (BFFEA) set a target to export freshwater shrimp (golda) worth Tk 45.00 billion to different destinations including EU this year, reports BSS. Clouds over Bangladesh's freshwater shrimp industry is paring down as the European Union...
FE ReportThe Bangladesh Garment Manufacturers and Exporters Association (BGMEA), Bangladesh Export Oriented Garments Washing Industries Owners Association (BEOGWIOA) and South Asia Enterprise Development Facility (SEDF) have entered into a tri-partite agreement recently to improve environment compliance in the textile and...
FE Report Bank Asia Limited started Musharaka financing through its Islamic Banking Division, said a press release. Musharaka is a mode of finance, where two or more parties participate in a business with joint contribution to capital. Profit of the...
One of Bangladesh's largest conglomerates, Beximco Group, announced Monday it would launch a new 24-hour Bangla-language news channel in a deal with Indian media company NDTV, reports AFP.Independent TV will be the country's first news channel since an army-backed emergency...
Rasem N. Kayed and M. Kabir HassanWHAT motivates someone to start a business is an important issue. The personal motives of entrepreneurs for starting their businesses are considered important indicators that explain the status and the direction of entrepreneurship in...
Rezwan Amin KhanThe technology will allow Bangladesh to produce diesel out of natural gas or coal. There would be no need to import crude oil. The technology would help save expenditure on fuel imports and better utilise the country's natural...
Carl McGinnisI am a citizen of the United States and I have a friend that is from Paris, France here on a student visa with a double Masters Degree and working on his PhD in International Finance. Noureddine Feddane has...
Gopal SenguptaTHE leader of the opposition in the Bangladesh Parliament said she and her followers will receive the prime minister with flowers at the airport on her return home from the upcoming visit to India if she protects the country's...
RANGPUR, Jan 11 (BSS): Normal life was halted and seriously disrupted as the temperatures marked falls amid blowing cooler winds during the past 24 hours in the country's northern region adding untold sufferings and miseries to the people. As the...
FE ReportRangs Electronics Sunday launched a new sales strategy titled "New Year Hot Promotion" with some attractive offers to allure more customers, officials said.The launch was announced through a press conference in the city organised by Rangs Electronic Ltd popularly...
American International University-Bangladesh (AIUB) presently offered 12.2 per cent of its students free of cost higher education and hoped to gradually increase its concessions to a larger number of country's poor students, reports UNB.This was disclosed when a three-member delegation...
FE ReportWater bus service around the capital is likely to start from July in a bid to reduce traffic congestion on the streets. "We hope four water buses will run on Ashulia-Sadarghat route under the circular waterway project," Shipping Minister,...
Bashundhara Group distributed warm clothes among poor people of Banchharampur Upazila in Comilla Saturday, says a press release.Nine thousand blankets and two thousand sweaters were distributed among the cold-hit people of the upazila. State Minister for Ministry of Liberation War...
Our CorrespondentCHITTAGONG, Jan 11: A dacoit was killed in a gunfight with the police at Fatehpur village of Hathazari early in the morning today.
Our CorrespondentGOPALGANJ, Jan 11: Gopalganj unit of Bangladesh Red Crescent Society (BRCS) distributed blankets among poor people in Gopalganj recently.President of district Awami League Mohammad Ali Khan Abu Mia inaugurated the programme as the chief guest.Secretary of the unit Noor...
The 16th death anniversary of Late Justice Abdur Rahman Chowdhury was observed Monday. Doa Mahfil, distribution of blankets and feeding of the orphans were arranged on the occasion, says a press release.Justice Chowdhury played a very leading and critical role...
JU CorrespondentJAHANGIRNAGAR UNIVERSITY, Jan 11: Jahangirnagar University (JU) will observe Jahangirnagar University Day today (Tuesday) amid much enthusiasm and festivity.JU authorities have chalked out an elaborate programme marking the 39th founding anniversary of the university, which was established on this...
NEW DELHI, Jan 11 (UNB): Prime Minister (PM) Sheikh Hasina has said Bangladesh wants to have more fruitful relations with India than the existing friendly ties between the two next-door neighbours.The PM made the remarks while talking to Indian and...
The government is planning a law to make use of jute mandatory for packaging purposes considering environment and to prop up domestic demand for the natural fibre, Jute Minister Abdul Latif Siddiqui told parliament Monday.The minister also said none of...
SYLHET, Jan 11 (UNB): Finance Minister AMA Muhith said that it was not possible to move the nation ahead without improving the quality of education."And that education should be time befitting and modern. So our government is working to improve...
RU CorrespondentRAJSHAHI UNIVERSITY, JAN 11: The journalists of the Rajshahi University (RU) formed a human chain and placed a memo to the Vice Chancellor with five points of demand including quick arrest, exemplary punishment of the miscreants for assaulting a...
BNP observed Monday as 'Black Day' countrywide terming January 11 2007 the day of suspension of constitutional rights of the people through promulgation of the State of Emergency.In observance of the day, a black flag was hoisted at the party...
Our CorrespondentRANGAMATI, Jan 11: An activist of Parbattya Chattagram Jana Sangahti Samity (PCJSS) was shot dead in a firefight between the PCJSS and its reformist group named Jummo National Front (JNF) in inaccessible Mitingyachhari area of Dumdumiya union under Jurachhari...
The law ministry has given its opinion on the presidential clemency petitions, it had received from the home ministry, of three of the five former army officers, convicted and sentenced to death for the 1975 killing of Bangabandhu Sheikh Mujibur...
With a place in the final already clinched and nothing much at stake, most of India's batsmen batted sloppily. However there was no such charity from Virat Kohli as he struck a mature unbeaten century to ensure that India went...
Table Tennis and Badminton team promise of a better result in their respective team events on the second day of the team declaration of the 11th SA Games at the BOA House in the city, reports BSS.General Manager of the...
Muktijoddha Sangsad Krira Sangsad finally managed to win their first match in the Citycell Bangladesh League scraping past Arambagh Krira Sangha by 3-2 goals in the day's lone match at the Bir Shreshtha Shaheed Sepoy Mostafa Kamal Stadium in the...
LONDON, Jan 11 (AFP): English giants Manchester United on Monday reported pre-tax profits of 48.2million pouns (53.6m euros) for the year to June 30, 2009. The figure includes the world record 80m pounds (90m euros) fee they pocketed for the...
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