Commodity Month Last WTI Light Crude Jul '09 68.5900 Brent Crude Jul '09 68.5000 RBOB Gasoline Jul '09 1.9546s Heating Oil Jul '09 1.7701s Nat Gas (NBP) Jul '09 26.7300s...
NEW YORK, June 7 (AP): The Federal Reserve announced a $1.2 trillion plan three months ago designed to push down mortgage rates and breathe life into the housing market.But this and other big government spending programs are turning out to...
HRC Tea's new consumer promotion ceremony was held at HRC media bhaban in the city recently.A new promotional pack of HRC Clevedon tea is going to be launched in the market as their first initiative of HRC Clevedon tea and...
DETROIT, June 7 (AP): General Motors Corporation said Friday it will pay $2 billion to Delphi Corporation to aid in the sale of the automotive parts supplier to a private equity firm, in exchange for equity of a newly restructured...
TOKYO, June 7 (AFP): Japan's Toyota Motor aims to cut the cost of producing its compact cars by a billion dollars a year as their demand is likely to grow amid the global recession, a report said.The world's top automaker...
LONDON, June 7: In an attempt to reclaim some of the ground that it has lost to Google, Microsoft unveiled Bing, a new Internet search engine, last week, according to The Times. Bing replaces Microsoft's Live Search product, which has...
KARACHI, June 7: The Karachi stock market remained under the bearish spell in the wake of continuation of selling activities during most of the trading sessions as uncertainty over the upcoming budget and absence of leveraged products kept the investors...
SAINT PETERSBURG, June 7 (AFP): Russian President Dmitry Medvedev Saturday urged countries to switch to non-food sources of biofuel to prevent the spread of hunger in a world where every sixth person is malnourished."We are advocating production of biofuel from...
FE ReportThe 6th World Chamber Congress (WCC) ended in Kuala Lumpur Friday with a call by the business leaders pledging to contribute business solutions to climate change, according to a press release issued by the World Chambers Federation. Leaders of...
HSBC has opened a new branch in Chawk Bazaar area of old city to cater to the variety of businesses operating in that region.City Group of Industries Chairman Fazlur Rahman and HSBC Bangladesh Chief Executive Officer (CEO) Sanjay Prakash inaugurated...
Prime Bank Director Azam J Chowdhury was re-elected as chairman of the board of directors of the bank for the next two years at its 319th board meeting held in the city recently, said a press release.Azam J Chowdhury is...
AH Ekbal Hossain has joined GSP Finance Company (Bangladesh) Ltd as managing director from June 1, said a press release. Ekbal Hossain worked as managing director of BASIC Bank Ltd and Rupali Bank Ltd and as managing director (current charge),...
Everyday the Bank opens at 9 a.m. and its customers walk in for their day to day financial transactions. Behind the cash counters there are many known faces, yet, they are barely noticed in most of the instances. Surprisingly, it...
Islami Bank Bangladesh Limited (IBBL) inaugurated its 198th branch at Mini Super Market on Bazar Shahi Jame Masjid Road at Khagrachhari. Chairman of the Hilltract District Council of Khagrachhari Ruithi Karbari inaugurated the branch as the chief guest Sunday, said...
Dutch-Bangla Bank Limited (DBBL) relocated its Shantinagar Branch to the bank's own premises at Green Peace, Chamelibag, Shantinagar in the city Sunday. Managing Director Md Yeasin Ali inaugurated the new branch office, said a press release.Business personalities, industrialists, bankers, educationists,...
Our CorrespondentCHITTAGONG, Jun 07: The three-day 'First Digital Bangladesh Show-2009' concluded here today. Leading computer hardware and software making organisations, digital technology products and mobile set manufacturing organisations participated in the show that began at Yunusco Centre in the port...
FE ReportThe third Dhaka International Telecom Fair 2009 kicks off today (Monday) at the city's Bangladesh China Friendship Conference Center with a theme of 'Growing Towards a Digital Bangladesh'. Bangladesh Mobilephone Businessmen Association (BMBA) is the organizer of the event....
FE Report HeidelbergCement Bangladesh Limited has approved 33 per cent cash dividend for its shareholders for the year 2008.The approval came at the 20th annual general meeting (AGM) of the company in the city Thursday, said a press release.The company's...
FE Report The inter-bank call money rate eased Thursday despite withdrawal of cash through treasury bills, as the market enjoyed ample liquidity. The US dollar was, however, stable against Bangladesh taka (BDT) in the inter-bank foreign exchange market due to...
The 48th annual general meeting (AGM) of Reckitt Benckiser (Bangladesh) Limited has approved 230 per cent cash dividend for the year that ended on December 31, '08.The AGM was held in the city recently, said a press release. A good...
KHULNA, June 7: An optical fibre cable plant is being set up at Bangladesh Cable Shilpo Limited (BCSL) situated at the city's Shiromoni area. This plant will be the first of its kind in the country. When it goes into...
CHITTAGONG, June 7: A meeting of the Executive committee of Bangladesh Petrol Pump Owners Association (PPOA) and petroleum dealers, distributors and agents of Chittagong Division was held at a local hotel Saturday.President of PPOA Ridwan Kabir presided over the meeting....
Apollo Hospitals Dhaka opened the dedicated Paediatric In-patient Wing of its children's centre at level 5 of the building. Chairman of hospital management Bhagwan W Kundanmal inaugurated the wing consisting 24 standard beds and 8 single private cabins, said a...
Grameenphone (GP) has started its relief operation in the Aila-affected Khulna, Patuakhali, Barguna, Satkhira and Bagerhat districts of the country, said a press release. Under the programme, the GP in association with the local government and its NGO partners distributed...
Aftab Group Managing Director Iftekharul Islam has been re-elected vice-chairman of the board of directors of Uttara Bank Limited at its 471st board meeting held in the city recently, said a press release.
FE ReportBangladesh Garment Manufacturers and Exporters Association (BGMEA) Sunday contradicted a news item published in The Financial Express on June 7 last under the headline 'BGMEA's Training Centre closed.'BGMEA termed the news item incorrect and said the Sweater Knitting and...
Nature of the fundClose-end Mutual Fund of 10 (Ten) years tenureSubscription OpenJune 21, 2009Subscription CloseJune 25, 2009For Non resident BangladeshiJune 21, 2009 to July 4Offer PriceTk. 10.00 per shareFace ValueTk. 10.00 per shareMarket lot500 unitsSponsors Portion20,000,000 UnitsPre IPO Placement60,000,000 unitsPublic...
Prime Minister Sheikh Hasina on Sunday urged the Bangladesh Navy to actively participate in sowing seeds and planting more saplings in the coastal districts particularly in remote 'char' areas to protect the territory and its people from storms and tidal...
RANGPUR, June 7 (BSS) : Expert physicians at a scientific seminar Saturday said awareness and medicare services could reduce common gynecological disorders and help build a healthy nation with healthy mothers and children.They said this while addressing the scientific seminar...
SATKHIRA, June 7 (BSS) : Life has returned to normal in the two worst affected Shymnagar and Assasuni upazilas of the coastal district as the cyclone Aila victims have been getting adequate relief and proper medical treatment facilities. The cyclone-affected...
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