FE Today Logo

Search results for:


Teletalk signs deal with US co to expand network

2009-08-09 00:00:00

FE ReportTeletalk (TT) Bangladesh Ltd has signed an agreement with Harris Stratex Networks (HSN) recently to expand its coverage, a press release said. Teletalk is the government owned mobile phone operator and HSN is the US based communication equipment manufacturer.In...

BNCC medical training camp launched at JU

2009-08-09 00:00:00

JU CorrespondentJAHANGIRNAGAR UNIVERSITY, Aug 8: A seven-day long Primary Medical Training Camp of Bangladesh National Cadet Corps (BNCC) of Jahangirnagar University (JU) Contingent was launched at JU gymnasium Saturday. Vice Chancellor of JU Sharif Enamul Kobir inaugurated the camp as...

Policeman stabbed, robbed in Ctg

2009-08-09 00:00:00

CHITTAGONG, Aug 8 (UNB): Miscreants stabbed a police constable and snatched away his money and cell-phone set at Nimtala crossing in the port city Friday.Witnesses said a gang of muggers intercepted a CNG-run auto-rickshaw in which Karimul Mostafa of the...

Traffickers held, 4 women rescued

2009-08-09 00:00:00

BENAPOLE, Aug 8 (UNB): BDR jawans held three members of an international human trafficking gang and rescued four women from their clutches along Boroachra frontier here Friday.The rescued women were identified as Sonia Begum (19), Pakhi Khatun (20), Shamsunnahar (18),...

Two electricians electrocuted

2009-08-09 00:00:00

MYMENSINGH, Aug 8 (UNB): Two electricians of the Rural Electrification Board were electrocuted at Batajur village in Bhaluka Upazila Friday.The victims were identified as Monwarul Hossain (38), and Ujjal (20), electricians of the Mymensingh Palli Bidyut Board-2.Witnesses said the two...

The government is not a deity

2009-08-09 00:00:00

Nizam AhmadMOST businesses in Bangladesh depend on government favours as cheaper loans, stimulus packages or protected markets. In contrast, true entrepreneurs anywhere in the world demand only few things from a government. They only want law and order, well-functioning courts,...

Prayer: Not a spare wheel

2009-08-09 00:00:00

Maswood Alam KhanONCE I had asked my mother: "You earnestly advised me to salute you with 'Assalamu Alaikum' (May blessings be showered on you) every time I leave home so that you can reciprocate my gesture with 'Oa-Alaikum Assalam' (May...

KSE gains 50 points on investors' optimism

2009-08-09 00:00:00

KARACHI, Aug 8: Bulls regained control of the Karachi stock market on the last trading day of the week Friday as investors remained optimistic over the International Monetary Fund (IMF) and Pakistan's officials meeting to discuss economic assistance of Pakistan...

Soybeans rise as US jobless-rate dip boosts commodity outlook

2009-08-09 00:00:00

NEW YORK, Aug. 8 (Bloomberg): Soybeans rose, gaining for a second straight week, as the US unemployment rate dropped, reviving speculation that demand for commodities will increase as the recession eases.The pace of US job losses slowed last month and...

Sensex takes a breather, key indices slip 3pc

2009-08-09 00:00:00

MUMBAI, Aug 8 (IANS): Though benchmark indices touched a 14-month high this week, continued selling pulled them down 3 per cent from their last weekly close, as the government voiced concerns that the revival of the economy may be hampered...

Gold declines as dollar rebounds

2009-08-09 00:00:00

LONDON, Aug.8 (Bloomberg): Gold fell for the third straight day as an unexpected drop in US unemployment drove the dollar higher, damping the appeal of the precious metal as an alternative investment. Silver rose.The dollar gained as much as 1.3...

European stocks rise for fourth week, HSBC leads banks higher

2009-08-09 00:00:00

LONDON, Aug. 8 (Bloomberg): European stocks rose for a fourth week after the unemployment rate in the US economy unexpectedly fell in July and HSBC Holdings Plc posted a surprise profit.British Land Co climbed 11 per cent, pacing gains among...

Copper rises as drop in jobless rate may signal recession end

2009-08-09 00:00:00

NEW YORK, Aug. 8 (Bloomberg): Copper rose, capping a fourth straight weekly gain, after an unexpected decline in the US jobless rate signaled the recession may be easing.The July unemployment rate fell to 9.4 per cent from 9.5 per cent...

Oil price hits ten-month high, sugar notches historic peak

2009-08-09 00:00:00

LONDON, Aug 8 (AFP): The price of oil raced to a ten- month peak here this week and metals futures rallied strongly as the dollar retreated on positive economic data, traders said. Sugar meanwhile struck an all-time high in London,...

Myanmar's crackdown on illicit drug trafficking gets momentum

2009-08-09 00:00:00

YANGON, Aug. 7 (Xinhua): The Myanmar authorities' crackdown on drug trafficking has gotten momentum with Thursday's official report saying that it has seized large amount of WY- brand stimulant tablets in the former capital of Yangon and the border town...

Kerosene, domestic LPG prices lowest in India

2009-08-09 00:00:00

NEW DELHI, Aug 8 (PTI): Kerosene and domestic LPG prices in India are the lowest in South Asia, while the rates for petrol and diesel are comparable with its neighbours, Petroleum Minister Murli Deora said yesterday. In a written reply...

Sony Ericsson introduces new product

2009-08-09 00:00:00

FE ReportSony Ericsson (SE) introduced Saturday the mobile home theatre with W205 and MS410 an addition to the walkman family in the country. "The slider mobile phone comes with a complete package of entertainment features," SE key account manager Abu...

Australian car maker Holden offered $170m bail out

2009-08-09 00:00:00

SYDNEY, Aug 8 (AFP): Australia said today it had extended a 200- million-dollar (170-million-US) lifeline to car maker GM Holden following the bankruptcy of General Motors, its ailing US parent.

Deshbandhu Polymar to float Tk 100m IPO by Oct

2009-08-09 00:00:00

Jasim Uddin Haroon Deshbandhu Polymar Limited (DPL), a leading plastic bag manufacturer, said Saturday that it would float initial public offering (IPO) by October aiming to mobilise fund for expansion.It will raise Tk 100 million through issuing a total of...

Mahathir for greater economic ties among Muslim nations

2009-08-09 00:00:00

FE Report Former Malaysian Prime Minister Dr Mahathir Mohamad asked for a greater economic cooperation among the Islamic nations. Dr Mahathir said this when a four-member Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) delegation led by its President Salahuddin Kasem...

RJSC&F assures prompt registration

2009-08-09 00:00:00

Our CorrespondentCHITTAGONG, Aug 08: Trading houses seeking registration from the office of the Registrar of Joint Stock Companies and firms will now get the same within 48 hours after depositing the clearance fee. Ahmedur Rahman, Registrar of Joint Stock Companies...

Prime Bank opens 1st SME Centre at Dholaikhal

2009-08-09 00:00:00

FE ReportPrime Bank Limited opened its 1st SME centre at Dholaikhal Tuesday. Deputy Managing Director of the bank Md Mehmood Husain inaugurated the centre. Prime Bank SEVP and Head of SME Shawkat Hossain presided over the opening ceremony, said a...

BATB clarification

2009-08-09 00:00:00

FE ReportThe British American Tobacco Bangladesh (BATB) in a press release issued Saturday clarified its position on reports in a section of newspapers about tax evasion through the marketing of a new brand-Gold Flake.The press release said, "Some vested quarters...

AKTEL opens 20 more care centres

2009-08-09 00:00:00

FE Report AKTEL has recently inaugurated 20 more care centres in different districts including Dhaka, Chittagong, Khulna and Barisal for making the products and services of the company more accessible to its customers. The mobile phone company inaugurated a total...

Warid offers free bus ride for city passengers

2009-08-09 00:00:00

Bangladesh's sixth mobile phone operator Warid Thursday launched a day-long brand-building campaign offering 30 thousand bus tickets free to the commuters for travelling across the city, says a press release.Chief Commercial Officer of Warid Marius M Voinea inaugurated the campaign...

Power shortage darkens future of BSCIC project in Joypurhat

2009-08-09 00:00:00

Our Correspondent JOYPURHAT Aug 8: BSCIC industrial plot failed to draw the attention of the district's businessmen after 18 years of its establishment in 1991. Only nine industrial units are operating in the area now but they are about to...

BRB cable achieves Right to Shelter Award - 2009

2009-08-09 00:00:00

BRB Cable Industries Ltd received the Right to Shelter Award- 2009 as the best electrical wire and cable manufacturing company in the country, said a press release. President of International Chamber of Commerce Bangladesh Mahbubur Rahman was present on attended...

PeoplesTel ropes in Jamuna Future Park in largest telecom deal

2009-08-09 00:00:00

FE ReportPrivate land-phone operator PeoplesTel said it has secured a deal to provide 31,000 telephone connections to the Jamuna Future Park, set to be the third largest shopping mall once it kicks off in 2010.Nurul Islam Babul, chairman of the...

Sadharan Bima earns Tk 773.7m profit in '08

2009-08-09 00:00:00

FE ReportSadharan Bima Corporation (SBC), the only general insurance organisation in the public sector, earned a net profit of Tk 773.7 million in 2008, which was Tk 167.6 million more than that of the year 2007, said a press release.The...

Janata Bank holds workshop on 'automated clearing house'

2009-08-09 00:00:00

FE ReportJanata Bank Limited arranged a three-day workshop on "Automated Clearing House" which was introduced by Bangladesh Bank.SM Aminur Rahman, CEO and Managing Director of the bank, inaugurated the programme where 94 branch managers of Dhaka city took part in...