Buyers were far less active this week particularly the blenders that were selective and there was only a limited interest from the loose tea buyers. As a result, prices declined for all varieties, particularly the plainer types, which sometimes shed...
NEW DELHI, Aug. 13 (Bloomberg): India's wholesale prices fell the most in three decades, giving the central bank more time to keep interest rates at a record low before weak monsoon rains reduce harvests and stoke inflation. The benchmark wholesale-price...
TOKYO, Aug 13 (AFP): Toyota Motor Corp. will start selling a new hybrid car in 2011 that is more fuel efficient than its Prius, in a bid to keep pole position in environmentally friendly vehicles, a report said today. The...
FE ReportMinister for Industries Dilip Barua has called for strengthening domestic industrial capacity and diversifying local product range in a bid to fend off ongoing global meltdown."In the midst of current economic crisis, global trade is contracting and as a...
FE Report BRAC Bank Limited has introduced the 'Prapti Current Account' - an interest bearing current account - with unlimited transaction facility and no intercity transaction charge. BRAC Bank Managing Director and Chief Executive Officer (CEO) AEA Muhaimen inaugurated the...
Munima SultanaThe country's eight export processing zones (EPZs) have enough women labour force, but the authorities there have failed to create entrepreneurs and high level jobs for them.According to Bangladesh Export Processing Zones Authority (BEPZA), very few women entrepreneurs have...
Chairman of the Privatisation Commission Mirza Abdul Jalil Thursday left the city for Australia, says a press release.He will meet entrepreneurs to discuss about business opportunities in Bangladesh.Mr Jalil will also attend the national mourning programme arranged by Bangabandhu Society...
FE ReportState Minister for Land Mostafizur Rahman Wednesday said the government is embarking on a Tk 300 billion mega project to address the impacts of climate change in Bangladesh."But we still need assistance from the international community, as Bangladesh, one...
FE ReportDr Sachiko Yamamoto, regional director of International Labour Organisation (ILO) for Asia and the Pacific, arrives in the capital on a four-day visit to Bangladesh on August 18.Officials said the visit of Dr Sachiko is significant in view of...
Our CorrespondentCHITTAGONG, Aug 13: Kohinoor and Mamun Company, a local manufacturer, Wednesday launched Kohinoor special gawa ghee in the local market ahead of the holy Ramadan.This was announced in a launching ceremony while Industries Minister Dilip Barua inaugurated the factory...
Our CorrespondentNILPHAMARI, Aug 13: Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has recently launched a survey on three sectors of some northern districts on light engineering products, agricultural products and agro-processing and in-depth analysis of price dynamic of...
FE Report Singer Bangladesh Limited (SBL) has recently opened relocated Singer Plus Shop on Sreemongol Road at Barir Par Point in Moulvibazar. SBL Director (Marketing) Sajidur Rahman Khan formally inaugurated the relocated shop.Also present at the inaugural ceremony were SBL...
Officials of Bangladesh Krishi Bank (BKB) have been urged to ensure smooth delivery of agricultural loans to the farmers without delay and harassment.Managing Director of the Bank Mukter Hussain made the appeal while addressing the regional and branch managers' conference...
FE ReportProduction has started in 10 new factories in 10 industrial estates under Bangladesh Small and Cottage Industries Corporation (BSCIC) recently.These factories were established in BSCIC industrial estates of Brahmanbaria, Faridpur, Jamalpur, Madaripur, Gopalganj, Munshiganj, Tangail, Narayanganj and Rajbari with...
The ninth annual general meeting (AGM) of Asia Pacific General Insurance Company Limited has approved 10 per cent stock dividend.The AGM was held in the city Wednesday, said a press release.Vice Chairman of the company Aftabul Islam presided over the...
SYDNEY, Aug 13 (AFP): Australian miner Felix Resources Thursday urged investors to accept a record 3.3 billion dollar (US$2.80 billion) takeover by China's Yanzhou Coal.The offer, after 12 months of talks, reaffirms Chinese interest in Australia's giant resources sector following...
HONG KONG, Aug 13 (AFP): Asian markets rebounded Thursday as the US Federal Reserve gave a positive outlook for the world's biggest economy, spurring investors to pounce on stocks that had tumbled the previous day.Hong Kong jumped 2.08 per cent,...
ICB AMCL SECOND MUTUAL FUNDNature of the fundClose-end Mutual Fund of 10 (Ten) years tenureSubscription OpenAugust 09, 2009Subscription CloseAugust 16, 2009For Non resident BangladeshiAugust 09, 2009 to August 25, 2009.Offer PriceTk. 100 per unitFace ValueTk. 100 per unitMarket lot50 UnitsSponsors...
NEW YORK, Aug 13 (AFP): The United States said it views the United Nations as essential to tackle global security threats and will exercise responsible leadership to ensure its interests and values converge."There is no substitute for the legitimacy the...
PARACHINAR, Aug 13 (AP): Pakistani helicopter gunships pummelled several bases of a key Taliban commander in the country's northwest Thursday, killing at least 12 insurgents, intelligence officials said.The assault came as government forces ratchet up pressure on the northwestern militant...
LOY KAREZ, Aug 13 (AP): The notes appear at night, border police say, dropped off around town, always with the same ominous message: Don't vote or we'll slit your throat.Even if the Taliban don't make good on those threats, such...
BANGKOK, Aug 13 (AFP): In the first-ever encounter between a senior US official and the junta strongman, Democratic Senator Jim Webb is due to meet Myanmar supremo Than Shwe later this week, Webb's office said Thursday.The visit by Webb, who...
Bombs kill 14 civilians in AfghanistanKANDAHAR, Aug 13 : Two separate roadside blasts in southern Afghanistan killed 14 civilians, including three children, underscoring the high price paid by ordinary people in the conflict with the Taliban, officials said Thursday. Officials...
Bangladesh will be looking to follow up their comprehensive rout of Zimbabwe in the first two ODIs at the Queens Sports Club by sealing the five-match series today (Friday). Bangladesh's batting line-up, led by the enthusiastic Shakib Al Hasan and...
Pakistan Innings: 172 for 5 (20.0 overs), Sri Lanka Innings: 120 all out (18.1 overs)COLOMBO, Aug 13 (AFP): Shahid Afridi shone with bat and ball on his debut as Pakistan's Twenty20 captain to steer the world champions to an emphatic...
CINCINNATI, Aug 13 (AFP): Second-seeded Serena Williams cruised into the third round of the two million-dollar WTA Tour event here Wednesday as Belgian Kim Clijsters kept her comeback on track with a straight sets victory.Reigning US Open, Australian Open and...
The BCCI's working committee approved a raft of decisions Thursday that, when implemented, could improve significantly the state of domestic cricket. The most notable decisions are a massive hike in prize money for the Ranji Trophy and the approval of...
LONDON, Aug 13 (AFP): Australia's Shane Watson believes taking a more relaxed approach is the secret to his success in the unaccustomed role of Ashes opener. Watson had never previously batted above six in a Test before he was promoted...
Former opener Saeed Anwar is expected to be hired by the Pakistan Cricket Board (PCB) as a batting coach for the national team. A statement released by the PCB said Anwar had been approached by chairman Ijaz Butt and that...
COLOMBO, Aug 13 (AFP): Pakistan's Saeed Ajmal has been fined for gesturing at Sri Lankan captain Kumar Sangakkara during a Twenty20 match, the International Cricket Council (ICC) said Thursday. The off-spinner pointed towards the pavilion and spoke aggressively to Sangakkara...
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