It is a matter of great concern that the population is rapidly growing to create an extra pressure on the national economy. The population density, already the highest in the world, is aggravating. Poverty is rising as a result of...
THE opposition is staying out of the second session of 9th parliament, which began on June 4. The important budget session is without the opposition.Can parliament be effective without the opposition. Due to a strange political culture in Bangladesh, unknown...
THE pupils of Class V throughout the country are eligible to appear in primary scholarship examination. On merit and quota, the pupils are selected from each thana for the examination. The area under Motijheel police station in Dhaka has been...
SINGAPORE, June 8 (AFP): Oil prices were lower in Asian trade today as investors took profit after New York crude breached 70 dollars a barrel for the first time in seven months late last week. Weak energy demand from the...
NEW DELHI, June 8 (PTI): The procurement of wheat by the Indian government has crossed record 24 million tonne-mark so far in the current season and is set to breach the target of 24.4 million tonnes. "Wheat procurement by government...
BAGHDAD, June 8 (AFP): Iraq will at the end of June announce which major foreign oil companies have been awarded new contracts to work in the country, a government spokesman said yesterday. The deals will be service agreements in which...
NEW DELHI, June 8 (PTI): India's textile exports declined by about 2.0 per cent in 2008-09 to USD 21.75 billion due to slump in demand from global economies like the US and Europe which are reeling under the impact of...
LONDON, June 8 (PTI): Recession has severely hit the 3 billion pound Indian restaurant industry but Britons continue to be hooked on to their favourite spicy curry with cheaper ready- made Indian meals flying off the shelves in supermarkets and...
The ninth meeting of the Private Sector Consultative Board (PSCB) of International Jute Study Group (IJSG) was held in the auditorium of Bengal Chamber of Commerce in Kolkata recently. Current vice-chairman of PSCB from Bangladesh Md Rezaul Karim was reelected...
Copper Bid/Ask 2.2166 -2.2212 Change -0.0340 -1.51% Low/High 2.2139 -2.2847 NickelBid/Ask 6.3684 -6.4138 Change -0.1497 -2.30% Low/High 6.3253 -6.5726 AluminumBid/Ask 0.7094 -0.7140 Change +0.0145 +2.09% Low/High 0.6926 -0.7144 ZincBid/Ask 0.6832 -0.6877 Change -0.0163...
Commodity Month Last WTI Light Crude Jul '09 67.6000 Brent Crude Jul '09 67.5900 RBOB Gasoline Jul '09 1.9293 Heating Oil Jul '09 1.7586 Nat Gas (NBP) Jul '09 26.1500 Soybeans ...
MUMBAI, June 8 (AFP): Indian shares were down 2.9 per cent Monday as Asian and European markets fell and investors locked in gains, dealers said.The benchmark 30-share Sensex fell 437.63 points to 14,665.92.European markets were down Monday following a sharp...
LONDON, June 8 (AFP): Europe's main stock markets slumped Monday, with London dragged down by the banking sector as British Prime Minister Gordon Brown battled to stay in power after an election drubbing.In late morning trade, London's FTSE 100 index...
VANCOUVER, BC, June 8: Silvercorp Metals Inc. (TSX:SVM), a Vancouver-based silver producer with operations in China, says it intends to make a C$70 million bid to acquire Klondex Mines Limited. (TSX:KDX) after failing to negotiate a friendly deal to buy...
WELLINGTON, June 8 (AFP): New Zealand shares fell 0.63 per cent Monday following a profit warning from Contact Energy and as a holiday in Australia muted local trading, dealers said.The NZX-50 index fell 17.89 points to 2,816.62 on thin turnover...
FE ReportWarid Telecom has modified the bonus offer for its prepaid subscribers allowing them to recharge their accounts with scratch card of Tk 20. Earlier, the telecom operator announced the Zem prepaid subscribers would get up to 30 per cent...
NEW TORK, June 8 (Bloomberg): Copper prices fell after a report showed US employers cut fewer jobs in May than economists expected, boosting the dollar and eroding demand for commodities as an inflation hedge. The greenback jumped as much as...
NEW DELHI (PTI): Soyabean futures improved 0.32 per cent on the National Commodity and Derivatives Exchange Monday as traders enlarged their positions, influenced by a firming global trend. At 1200 hrs, soyabean contract for June month showed a rise of...
Energy Price Change %Change GAS OIL FUT (ICE) 562.500 7.750 1.40 GASOLINE RBOB FUT 193.940 3.780 1.99 HEATING OIL FUTR 178.000 4.160 2.39 NATURAL GAS FUTR 3.810 0.044 1.17 AgricultureCOCOA...
FE ReportThe Dhaka Stock Exchange (DSE) is working to double its automated trading capacity from the existing level to ensure uninterrupted transaction of shares.Currently, the prime bourse has the capacity to handle 0.25 million trades per day and it witnessed...
Citibank, N.A. Bangladesh and sanofi-aventis Bangladesh Ltd. recently entered into a Corporate Banking agreement.The agreement was signed by Abrar A. Anwar, Head, Global Corporate and Commercial Bank and Muhammad Tajdiqul Islam, Director, Finance & Administration, sanofi-aventis Bangladesh Ltd. on behalf...
The Board of Directors of NCC Bank Ltd. has recently elected its Directors Yakub Ali as Chairman and Md. Harunur Rashid MP as Vice Chairman of the Bank, said a press release.Chairman Yakub Ali started his business career in 1973....
The board of directors of Prime Bank Ltd unanimously elected Quazi Sirazul Islam and Shahnaz Quashem, directors of the company, as vice chairpersons of the board for the next two-year term from June 1, 2009.Mr Islam, a freedom fighter and...
Mohammed Hasan and Syed Nurul Arefeen were elected unanimously chairman and vice-chairman of Executive Committee (EC) respectively of Shahjalal Islami Bank Ltd The election was held at the 104th meeting of its board of directors in the city recently, said...
Our CorrespondentCHITTAGONG, June 8: The realisation of revenue at Teknaf Land Port (TLP) has declined alarmingly. Against the yearly target of Tk 770 million in the current fiscal, the revenue received during the last eleven months is around Tk 646...
Textile Engineer's Forum won the 12th central council election of Institution of Textile Engineers and Technologist (ITET), Bangladesh. Md. Doulotuzzaman Ansari and Eng. Md. Enayet Hossain were elected as senior vice president and secretary general respectively, a press release said.
ICB Islamic Bank Limited and ICICI Bank Ltd signed an agreement at ICB Islamic Bank's head office in the city recently, said a press release. Some high officials of both the banks including Syed Aminul Kabir, Chief Representative of ICICI...
The 14th annual general meeting (AGM) of Al-Arafah Islami Bank Limited has approved 30 per cent stock dividend for the year that ended on December 31, '08.The approval came at the AGM held in the city Monday. Chairman of the...
The 7th Annual General Meeting (AGM) of BSRM Steels Limited was held at the Institution of Engineers in Chittagong Centre Sunday, said a press release.The meeting was presided over by the chairman of the company Alihussain Akberali while Managing Director...
FE Report The inter-bank call money rate fell slightly Monday in a highly liquid market. The US dollar, however, maintained stable level against Bangladesh taka (BDT) in the inter-bank foreign exchange market because of adequate flow of the greenback, fund...
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