FE Report Prices of shrimp, potato, ginger and garlic increased in the city's retail markets last week while prices of other essential commodities including rice, edible oil and vegetables remained stable.Prices of different sea fishes including hilsha fell by Tk...
Uttara Bank Ltd enhanced its authorised capital from Tk 1.60 billion (160 crore) to Tk 3.20 billion. The bank also declared 100 per cent stock dividend for the year 2008.The decisions were taken at its extraordinary general meeting (EGM) and...
Jasim Uddin Haroon Two leading local agro-based companies are making a foray into the fast expanding spices market.Besides, the country's existing six to seven such companies are enhancing the capacity of their plants in view of growing demand for spices.Aftab...
Mehdi Musharraf BhuiyanRealtors are expecting a major turnaround in sales in the coming months following two years of 'apparent slump' as they are vying to win back 'customer confidence' at the ongoing REHAB Fair in the city.The summer fair, organised...
Premier Bank opened its new training institute on its new executive floor at lqbal Centre in the city Thursday. Reputed columnist Abdul Gaffar Chowdhury inaugurated the new Premier Training Institute on the 14th floor of the tower, said a press...
Sarwar ZahanThe interbank call money rate remained steady with a downward bias last week in a market of excess liquidity, fund managers said. The call rate in its extreme range fluctuated mainly between 1.0 per cent and 10.0 per cent...
ICB Asset Management Company Ltd (AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), has announced Net Asset Value (NAV) of two of its unit funds recently, said a press release.The total NAV of ICB AMCL Unit Fund stood at...
Bangladeshi taka (Tk) maintained its stable tone against US dollar ($) last week. The foreign exchange market experienced adequate liquidity because of comparative lower import volume against increased inflow of wage earners.Bangladeshi expatriates remitted home a record $8.764 billion in...
SEOUL, June 5 (AP): The United States has told South Korea it will impose its own financial sanctions on the North apart from punishments that the UN has been considering for Pyongyang's latest nuclear test, a news report said Friday.The...
DRESDEN, June 5 (AP): President Barack Obama called Friday for a redoubling of efforts toward separate Israeli and Palestinian states, saying "the moment is now for us to act on what we all know to be the truth."After meeting with...
LONDON, June 5 (AP): British Prime Minister Gordon Brown was reshuffling his Cabinet Friday after a string of resignations and signs that his Labour Party did poorly at the polls for European and local elections.Brown's Downing Street office said a...
BRUSSELS, June 5 (AFP): A Dutch far-right party was the big winner as Britain and the Netherlands became the first countries to vote in EU-wide parliament elections, with first results reinforcing fears of low turnout.The elections began in the two...
Doulot Akter Mala The government plans a major capacity building of the National Board of Revenue (NBR) through expansion of its offices and increasing manpower, officials said Thursday. The expansion plan will be materialised from the upcoming fiscal. Finance minister...
SM JahangirThe local farmers, despite harvesting a bumper 'Boro' crop, are benefiting little from the government's current procurement drive as the open market prices of their produce are still far below than the official purchase rates, sources said.The rice millers...
Prime Minister Sheikh Hasina Friday said the government is taking initiative to formulate an integrated policy and plan to save the country's environment and rivers from pollution and preserve the water resources, reports UNB.She also said that the government would...
A Z M AnasBangladesh's drive to expand overseas job markets to Eastern Europe suffered a major jolt as Romania stopped hiring Bangladeshi workers through private companies, private recruiters said.Over 1200 Bangladeshis found jobs in Romania's apparel and construction sectors last...
The government should constitute an 'Agricultural Price Commission (APC)' for fixing prices of agricultural produces, former caretaker government adviser Akbar Ali Khan said Friday, reports bdnews24.com. Dr Khan urged the government to form an APC as soon as possible as...
FHM Humayan KabirContribution of the service and industry sectors to the country's gross domestic product (GDP) rose in the outgoing fiscal, officials said Friday.Bangladesh Bureau of Statistics (BBS) data shows the share of the service sector to the GDP increased...
FE ReportA shopkeeper was killed allegedly by one of his colleagues at Lalbagh while police recovered bullet-hit body of an unidentified man at Mohammadpur in the city Friday indicating again fast deterioration of the city's law and order situation in...
PESHAWAR, June 5(AFP) : A suicide bomb ripped through a mosque packed with worshippers in northwest Pakistan Friday, killing 38 people and wounding dozens more in the deadliest such attack in more than two months.The bomb exploded at the mosque...
Savar, June 5: A gang of thieves looted clothes worth about Tk 5.0 million from a garment factory in Savar on the outskirts of the capital Thursday night after making its night guards unconscious. The police said a night guard...
The maritime ports of Chittagong, Cox's Bazar and Mongla have been advised to keep hoisted local cautionary signal No. 3, a weather bulletin said Friday. The squally weather may affect the maritime ports as a monsoon low that is likely...
COX'S BAZAR, June 5: Five persons were killed and 11 others injured in separate incidents of lightning in Maheshkhali, Ramu and Ukhia upazilas of the district Thursday. Those killed in Maheshkhali Upazila were identified as Thanda Miah (35) of Sutria...
Mahmudur RahmanSpot polls are a little difficult to administer in Bangladesh, otherwise it would be interesting to know what the general public actually thought of Amnesty International's (AL) clamour over "extra-judicial killings" in Bangladesh. Likewise, it would nice to know...
Munima SultanaThe country's Doing Business indicators are likely to improve next year following some systemic actions taken in 2008 and 2009 to reduce time and cost of doing business.According to International Finance Corporation (IFC), an arm of World Bank, these...
Sheikh Shahariar ZamanThe government is going to claim at least $5.0 billion as compensation from the developed world's $1.1 trillion fund created to help the developing countries tide over the effect of the global financial crisis, said commerce minister Muhammad...
Mashiur RahamanBangladesh exports plunged to the year's lowest monthly figure in April, as shipment of apparel items nosedived due to the impact of the global economic recession.The country shipped merchandise worth $1176.29 million during the month, which is $104.07 million...
FE Report The central bank has extended the deadline for introduction of automated clearing house by three months in consideration of requests from many banks, officials said. The Bangladesh Automated Clearing House (BACH) will be launched from November 8 instead...
FE ReportThe Dhaka Stock Exchange (DSE) witnessed a bullish trend in the week that ended Thursday on expectation of favourable national budget announcements.Pre-budget rally continued to attract investors during the week as the DSE General Index (DGEN) -- the bench...
FERNANDO DE NORONHA, Brazil, June 4 (AP): Air France has told families of passengers on Flight 447 that the jetliner broke apart and they must abandon hope that anyone survived, a grief counsellor said Thursday as military aircraft tried to...
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