Our CorrespondentCHITTAGONG, Mar 23: Despite significant decline in price of maize, main ingredient of poultry feeds and price of poultry feed have not been reduced proportionately in the markets of the port city and its adjoining areas.Price of maize has...
Our Correspondent SIRAJGANJ, Mar 23: Day labourers of the district are passing their days in acute crisis for not getting work to maintain their livelihood.Many of them are not even able to manage a square meal a day for the...
Annual Sales and Distributor's Conference-2009 of the Square Toiletries Limited took place at Jalalabad Gas auditorium and Rose View hotel of Sylhet, says a press release. Managing Director of Square Toiletries Limited Anjan Chowdhury inaugurated the conference. Director (operations) of...
Our CorrespondentTANGAIL, Mar 23: Bau qool and Apple qool cultivation gaining popularity in the district after their first cultivation here under National Agriculture Technology Project (NATP) in 2007.The first experimental cultivation was started in Tangail Sadar and Modhupur upazilas. In...
MONTREAL, Mar 23 (AFP): Canadian oil companies Suncor Energy and Petro-Canada today announced a decision to merge in a transaction worth approximately 14 billion US dollars. The new company will operate and trade under the Suncor name, they said. "This...
AMMAN, Mar 23 (Xinhua): Jordan got Sunday about 30 million U.S. dollars in loan from Kuwait to update the kingdom's grid, Jordan's National Electric Power Company (NEPCO) said in a statement. The loan agreement was signed by NEPCO and the...
JAKARTA, Mar 23 (Reuters): Chinese telecom equipment maker Huawei Technologies has suspended an employee suspected of trying to steal data from Indonesian mobile firm Excelcomindo (EXCL.JK), according to officials at the firms Friday.A spokeswoman for Indonesia's third-largest mobile phone firm...
Dhaka Bank arranged a syndicated term loan of Tk 330 million for setting up an 11-MW power plant at Mohipal in Feni implemented by Doreen Power House and Technologies Ltd. The loan amount includes Tk 180 million long term financing...
FE ReportThe Bangladesh Bank (BB) has decided to form a committee to implement BASEL-II accord, the latest version of capital standards set for banks worldwide, in the Non-Banking Financial Institutions (NBFIs).BB deputy governor Murshid Kuli Khan disclosed this while inaugurating...
FE ReportSummit Alliance Port Ltd (SAPL) will issue 2,790,146 shares of Tk. 100 each totalling Tk. 279,014,600 for acquisition of approximately cent percent stakes of Ocean Containers Limited (OCL).SAPL is a listed company while OCL is a sister concern of...
FE Report The inter-bank call money rate was unchanged Monday due to smooth flow of cash in the market. US dollar, however, slightly gained ground against Bangladesh taka (BDT) in an active inter-bank foreign exchange market, fund managers said.The call...
The global financial crisis has taken a heavy toll on banks' brand valuations, yet HSBC is still the world's most valuable financial services brand.The Bank has retained its top rank on the Global Banking 500, a review of the top...
Planning Minister Air Vice Marshal (retd) AK Khandaker visited Beximco Industrial Park Saturday to see the state-of-the-art factories of Bextex Ltd and Shinepukur Ceramics Ltd. Beximco Group Chairman ASF Rahman welcomed the minister. Bextex Group Director & CEO Mr Syed...
Md Badiul Alam has recently been promoted as the Deputy Managing Director (DMD) of National Bank Limited, says a press release. Prior to his promotion he was the senior executive vice president and regional head of Chittagong region of the...
Dutch-Bangla Bank Ltd (DBBL) has declared bonus of 0.5 share for existing 1 (one) share of Tk 100 each for its shareholders for the year 2008.The dividend was approved at the 13th annual general meeting (AGM) of the bank held...
WASHINGTON, Mar 23 (AFP): The United States (US) unveiled a $500-billion programme to rid troubled banks of their bad assets, winning immediate approval from investors on Monday as stock markets soared.US Treasury Secretary Timothy Geithner wrote in The Wall Street...
FE Report BRAC Bank Limited formally launched its 'first premium banking lounge' at its Gulshan head office in the city recently, said a press release.BRAC Bank Chairman Muhammad A (Rumee) Ali inaugurated the lounge.Also present in the inaugural ceremony were...
MUMBAI, March 23 (AFP): India's Tata Motors Monday launched the world's cheapest car, the Nano, hoping to revolutionise travel for millions and buck a slump in auto sales caused by the global economic crisis.Company boss Ratan Tata said the no-frills...
Withdrawal of authorised representative National Investment and Finance Company Limited, DSE Member No. 104, has withdrawn one of its authorised representatives, Md Mohi Uddin, with immediate effect.Trading of banks' sharesNBL: Normal trading of the shares of National Bank Limited (NBL)...
LOS ANGELES, Mar 23 (Agencies): US federal investigators Monday searched for possible causes of a crash of a small plane that went down in the northern state of Montana killing all 17 people on board, many of them children."We think...
WASHINGTON, Mar 23 (AFP): US President Barack Obama said the United States must have an "exit strategy" in Afghanistan even as it expands its military, diplomatic and economic fight against a Taliban insurgency."What we're looking for is a comprehensive strategy,"...
BEIJING, Mar 23 (AFP): China will not remain the world's only major nation without an aircraft carrier indefinitely, state press Monday cited the nation's defence minister as telling his Japanese counterpart.Liang Guanglie made the remarks to visiting Japanese Defence Minister...
ISLAMABAD, Maar 23 (Reuters): President Asif Ali Zardari called for national reconciliation in a Pakistan Day message Monday, as he sought to mend fences with the opposition after defusing a political crisis by restoring the country's top judge.The reinstatement of...
NEW DELHI, Mar 23 (AFP): A coalition led by India's ruling Congress Party will secure the most seats in upcoming elections, but not enough to govern alone, according to a poll published Monday.The survey by research firm Nielsen for the...
KABUL, Mar 23 (AFP): Taliban fighters ambushed a police vehicle in southern Afghanistan Monday, killing eight policemen, a senior official said, in the latest in a surge of attacks after the end of winter.The ambush took place in the village...
Lankan navy kills five Tiger suicide rebels COLOMBO, Mar 23: Sri Lanka's navy killed five Tamil Tiger suicide rebels as they tried to mingle with refugees fleeing to government-controlled areas in the north, the defence ministry said Monday. A navy...
FE ReportWorld Health Organisation (WHO) at a workshop in the city Monday urged the media to make people aware of measures against natural disasters, like cyclone, flood and earthquake.WHO and Directorate General of Health Services (DGHS) jointly arranged the consultative...
The speakers at a function Monday urged the well-to-do section of people to come forward to extend support for the street children for their better livelihood, reports BSS.Around 0.4 million street children in the capital have been earning their livelihood...
Expectation of a stable and inspirational start in different areas of national life was created following the last parliamentary elections and peaceful transition of power to an elected government. But it is a sad state of affairs that this hope...
Shamsul Huq ZahidThe hope for striking gas in some of the offshore blocks which were earlier considered highly prospective is fading fast. The international oil companies (IOCs) that were awarded the right to explore hydrocarbon deposits in the offshore blocks...
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