LONDON, Sept 2 (AFP): Global stock markets slid today, with the heaviest losses seen in Asia, as investor confidence in economic recovery wanes despite positive economic data from around the world. "Compared to last months' optimism, investors seem afraid of...
WASHINGTON, Sept 2 (AFP): Freedom Communications, owner of the Orange County Register and 30 other newspapers, filed for bankruptcy yesterday, the latest victim of the crisis gripping the US newspaper industry. The Irvine, California-based company, which has 8,200 employees, filed...
CHICAGO, Sept 2 (AFP): Asian automakers gobbled up more than half of US auto sales for the first time in August as a government-funded "Cash for Clunkers" program spurred demand for their fuel-efficient vehicles, industry data showed yesterday. Asian brands...
FRANKFURT, Sept 2 (AFP): Germany's car scrapping premium was set to expire today after two million buyers took advantage of the government's landmark offer which has boosted the crisis-hit auto sector. But although the plan has succeeded in keeping domestic...
Our CorrespondentJOYPURHAT, Sept 2: The poultry farmers in the district have made an appeal to the government to establish a training centre for boosting the local poultry industry.Joypurhat district has already gained reputation as a large poultry growing area in...
SEOUL, Sept 2 (AFP): Hyundai Mobis said today it has won a two- billion-dollar order from US automaker Chrysler in what it called the largest- ever contract for a South Korean autoparts maker. The company, a subsidiary of the country's...
NEW DELHI, Sept 2 (PTI): India would import sugar in the 2009-10 season starting October to tide over a deficit in output as drought and less stocks from this season have set prices spiralling. "As per the intital estimate of...
SINGAPORE, Sept 2 (AFP): Oil recovered in Asian trade today but was still below 70 dollars amid worries about energy demand, analysts said. New York's main contract, light sweet crude for October delivery was 52 cents higher at 68.57 dollars...
TOKYO, Sept 2 (AFP): The yen traded near seven-week highs against the euro and the dollar in Asian trade today as falls on global stock markets spurred demand for safe-haven investments. The dollar slid to as low as 92.51 yen...
SHANGHAI, Sept 2 (AFP): China said it was raising petrol and diesel prices by up to five percent from Wednesday, the fourth hike this year, setting new highs in some areas as it moves closer to a market-based pricing system....
NEW DELHI, Sep 2 (PTI): India is heavily dependent on imports of electronic goods from countries like the US and China to meet its domestic demand, a joint study by Assocham and Ernst and Young yesterday said. Citing reasons for...
NEW DELHI, Sep 2 (PTI): India's largest auto maker Tata Motors delivered 2,501 units of small car Nano - billed as the world's cheapest four wheeler-during the first full month of its sale in August. The company, which rolled out...
FE ReportMercantile Bank Limited (MBL) has become the main sponsor of '5th Knit Expo,09' to be arranged by Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) in early November this year.The announcement came Wednesday at a cheque handover ceremony at MBL...
Citibank, N.A. Bangladesh recently organized a workshop on SWIFT (Society for Worldwide Interbank Financial Telecommunication) for Branch In-Charge, Foreign Exchange In-Charge and Officials involved in Letter of Credit Issuance & Payments of Private Commercial Banks (PCB) for the southern region...
FE ReportThe lottery for share allotment of ICB AMCL Second Mutual Fund is expected to be held on September 10, subject to the approval of the Securities and Exchange Commission (SEC).It will be the 19th closed-end mutual fund to be...
Ins approves 15pc stock dividendNorthern General Insurance Company Limited (NGICL) has approved 15 per cent stock dividend for its shareholders for the year that ended on December 31, 2008, said a press release.The approval was given at the 13th annual...
FE ReportExport Promotion Bureau (EPB) Wednesday accorded a reception to Sea Food Corporation for winning prestigious International Award for Commercial Prestige (New Millennium Award) for its quality products for the year of 2009.The Sea Food Corporation Limited, a local shrimps...
Sheikh Shahariar ZamanThe government has disbursed the whole amount of Tk 34.24 billion stimulus package declared to help ward off immediate effects of the ongoing global recessionFinance Minister AMA Muhith on April 19 announced the interim package of fiscal and...
RAJSHAHI, Sept 2 (BSS): The Rajshahi Krishi Unnayan Bank (RAKUB) has been asked to play a more significant role in facilitating the region's agro-based economy. Speakers made the request while addressing the inaugural function of the bank's new premises of...
Jasim Uddin Haroon The local knit manufacturers have started using 'lean manufacturing', a new production practice in clothing sector to raise its efficiency.Lean manufacturing is a variation on the theme of efficiency based on optimising flow. It uses empirical methods...
FE ReportBiman Bangladesh Airlines Ltd earned a net profit of Tk 59.1 million (Tk 5.91 crore) for the period ended on June 30, 2008 since its turning into a public limited company (PLC) on July 23, 2007.This was disclosed at...
FE ReportGlobal research results released by the HSBC Climate Partnership reveal that Hong Kong consumers rank climate change as a top priority in their lives, second only to global economic stability.The HSBC Climate Confidence Monitor surveyed 12,000 respondents via the...
The Dacca DyeingNature of BusinessThe main business of the company is weaving , dyeing, finishing and printing facilities producing high quality of bed sheet, table cloth, shirting fabrics etc.etc.Subscription OpenAugust 30, 2009Subscription CloseSeptember 03 , 2009For Non resident BangladeshiAugust 30,...
ATHENS, Sept 2 (Reuters): A homemade bomb hidden inside a van exploded on Wednesday outside the Athens stock exchange in the latest of a series of attacks against financial targets in the Greek capital, police said.A second homemade device also...
LOS CABOS, (Mexico), Sept 2 (AP): Heavy winds, battering waves and intense rain pummeled residents and tourists in this vacation resort as Hurricane Jimena, one of the largest hurricanes this year, raked the coast late Tuesday.Baja California prepared shelters to...
TOKYO, Sept 2 (Reuters): Japan's new government sought to reassure security ally Washington Wednesday that no upheaval is in store for US-Japan relations, as the country gropes toward a rare handover of power.The Democratic Party of Japan has begun a...
Obama praises Islam at Ramadan dinner WASHINGTON, Sept 2: US President Barack Obama on Tuesday praised Islam as an integral part of America, as he feted prominent US Muslims at an Iftar dinner marking the holy fasting month of Ramadan....
Star allrounder Shakib Al Hasan once again hogged the headlines as he has been nominated in two different categories at the LG ICC Awards 2009, reports BSS. Shakib, the world's number one ranked all-rounder in ODIs is the only Bangladeshi...
MUMBAI, Sep 2 (PTI): India's splendid run in Test and one-day cricket in the past one year was Wednesday amply reflected in the ICC's Annual Awards nominations as captain Mahendra Singh Dhoni and nine other cricketers were listed in various...
NEW YORK, Sept 2 (AFP): Maria Sharapova made a triumphant return to the US Open, moving closer to an early showdown with Elena Dementieva, while world number one Dinara Safina struggled into the second round.Sharapova, the 2006 US Open winner,...
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