Rodney ReedShould a company with a wholehearted commitment to corporate social responsibility (CSR) expect their staff to be contented, productive and proud to be employed by the company?The 'business case' for CSR is that companies which understand CSR and apply...
Md. Joynal Abdin DIGITAL Bangladesh is what the election manifesto of the present government had pledged. The people elected the AL-led alliance for implementing its pre-election commitment and not for explaining what is digital Bangladesh. Digital Bangladesh is not an...
MUMBAI, Aug. 10 (Bloomberg): Indian stocks fluctuated. Mahindra & Mahindra Ltd. fell on concern a below-average monsoon may slow the country's economic growth. Tata Consultancy Services Ltd. rose on reports the global recession may be easing.Mahindra & Mahindra, the largest...
LONDON, Aug. 10 (Bloomberg): European stocks fell after four straight weeks of gains left the Dow Jones Stoxx 600 Index valued at the most expensive relative to earnings in almost six years. Asian shares rose, while US index futures fluctuated.Daimler...
KARACHI, Aug. 10 (Bloomberg): MCB Bank Ltd., Pakistan's biggest by market value, said its board approved a proposed purchase of Royal Bank of Scotland Group Plc's local operations as the UK lender seeks to raise capital.The companies are yet to...
NEW DELHI, Aug. 10 (Bloomberg): India's monsoon rains, the main source of irrigation for the country's 235 million farmers, may be the weakest in five years, curbing output of sugar and rice and stoking global commodity prices.Rain in the June-September...
LONDON, Aug. 10 (Bloomberg): Gold climbed for the first time in four days, reversing an earlier loss, as the dollar's rally stalled, increasing the appeal of the precious metal as an alternative investment. Silver gained for a second day.Bullion rose...
SINGAPORE, Aug 10 (AFP): Oil was down in Asian trade today after the dollar strengthened on the back of better-than- expected US unemployment data. In morning trade, New York's main contract, light sweet crude for September, fell 39 cents to...
SINGAPORE, Aug. 10 (Bloomberg): Corn and wheat futures gained, reversing earlier declines, on concern dry weather in major exporters Russia and Ukraine, will damage crops, curbing supply. South and east Ukraine and South Russia are not likely to have enough...
NEW DELHI, Aug 10 (AFP): Indian car sales jumped for a sixth straight month in July, climbing an annual 31 per cent, as new launches and cheaper finance boosted demand, industry figures showed today. Domestic passenger car sales rose to...
SINGAPORE, Aug 10 (AFP): Wong Kok Fah, one of Singapore's last remaining farmers, can finally see a future for his vegetable business after 30 years of back-breaking work. Plans by the industrialised city-state to set aside more land for farming...
TOKYO, Aug. 10 (Bloomberg): Japanese machinery orders rose for the first time in four months in June and the current-account surplus widened, the latest signs that the nation's worst postwar recession is easing. Orders climbed 9.7 per cent from May,...
JAMSHEDPUR, Aug 10 (PTI): Tata Steel Managing Director B Muthuraman has said crisis-hit European steel producers' sales will go down by 75 per cent in the wake of the global economic slowdown, and India and China will be the ones...
TOKYO, Aug 10 (AP): Having lost the video format war, Toshiba Corp. said Monday it will make Blu-ray disc products and plans to join the once-rival camp, the Blu-ray Disc Association.The Japanese electronics maker had backed another high-definition video format,...
FE ReportKeeping up with its long tradition of aiding poor meritorious students with financial assistance, Exim Bank Limited, beginning from this year, is providing interest-free loan to the poor and meritorious students to help them bear their academic and other...
FE ReportThe Securities and Exchange Commission (SEC) has directed the bourses to extend settlement day of the Z-category shares from seven to nine trading days in order to check recent foul play.SEC said the new step will discourage the investors...
FE ReportDSE indices as well as opening prices of the shares of a company will be adjusted following corporate benefits as per prescribed methodology of Madrid-based International Organization of Securities Commissions (IOSCO) with effect from September 1.According to a DSE...
A term loan agreement for Tk. 100 million (10 crore) was signed between Pubali Bank Limited and Shakti Foundation (for disadvantaged women) at Pubali Bank Head Office recently. Mohiuddin Ahmed, General Manager, Regional office- Dhaka Central of Pubali Bank Limited...
FE Report Eminent banker Mohammed Lakiotullah has been elected director of Ahsania-Malaysia Hajj Investment and Finance Company Limited (AM-HIFC), a financial institution focusing on deposit mobilisation from would-be hajees of the country and Shari'ah-based investment in different sectors of development....
FE Report The call rate was mostly stable while the US dollar remained unchanged against the local currency in the inter-bank markets Monday, treasury official said. The call rate ranged between 0.10 per cent and 3.00 per cent on the...
FE ReportThe government would start negotiations with the Asian Development Bank (ADB) next month on US$740 million budgetary support credit from the lending agency, officials said Saturday.The Manila-based anti-poverty lender would provide such a big budgetary support credit for the...
The Narayanganj and Jessore branches of Islami Bank Bangladesh Limited (IBBL) arranged 'tree plantation programmes' recently under Rural Development Scheme (RDS), said a press release. IBBL Vice Chairman Zainul Abedin inaugurated the programme at Narayanganj and Director AKMS Islam inaugurated...
FE ReportThe third Dhaka Tourism Fair 2009 will kick off at city's Shilpakala Academy Plaza tomorrow (Wednesday). Civil Aviation and Tourism Minister GM Kader is expected to inaugurate the fair at 12:00 noon as chief guest.The three-day fair will be...
FE ReportGovernment is keen to develop healthcare and housekeeping skills among female migrant workers and expand training facilities all over the country for enabling them to meet job requirements particularly in western countries."Skilled workers in the healthcare and housekeeping are...
The High Court Monday asked Arafat Rahman Coco, son of BNP chairperson Khaleda Zia, and his lawyers to explain the forgery allegations against them after the government accused them last week of filing a petition with the court through fake...
Adviser to the Prime Minister on Establishment and Administration HT Imam Monday hoped that honesty and transparency would be ensured in government services through spreading access to information (A2I) programme to doorsteps of the rural people, reports BSS.Inaugurating a two-day...
President M Zillur Rahman Monday said the new generation needs to be informed about the immense contributions of Sheikh Fazilatunnesa, wife of Bangabandhu Sheikh Mujibur Rahman, to the nation-building process, reports UNB."It's our responsibility to inform the new generation about...
Tribal people and Bangali in the three Chittagong Hill Tracts (CHT) districts have started getting the fruit of peace and breathing in fresh air as the present government has initiated the implementation of the CHT Peace Treaty, reports BSS.The government...
Prof Dr Burdett A Bird Loomis, a political science teacher of Kansas University, Monday said proper distribution of power among state organs can make democracy effective, reports UNB."The proper distribution of power among state organs has made the US democracy...
FE ReportSammilito Nari Samaj (SNS) is going to Jakiganj today (Tuesday) as a mark of protest against Tipaimukh dam as it would seriously affect agricultural land, local flora and fauna and would displace people and livestock.The environmentalists have expressed deep...
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