SINGAPORE, April 19 (AFP): Casey Chan used to fly business class every other month to oversee his company's electronics factory in China until late last year, when orders from Western buyers suddenly started drying up. His employer, a Singapore-based multinational...
WASHINGTON, April 19 (AFP): US President Barack Obama, faced with mushrooming budget deficits, announced he will convene his first full cabinet meeting Monday and ask his secretaries for specific plans to cut spending. He also added to his administration two...
SHANGHAI, Apr 19 (Reuters): Daimler expects China's economic stimulus measures to give sales of luxury cars a major boost this year, making the country an increasingly crucial market for it as demand slumps elsewhere, a top executive said."The stimulus package...
Sponsor shareholder directors of Asia Insurance Ltd Yussuf Abdullah Harun and Mohammad Jamal Ullah were re-elected chairman and vice chairman of the board of directors respectively at its 62nd meeting recently, says a press release.Harun served as president of the...
Our Correspondent SIRAJGANJ, Apr 19: Distressed women, divorcees and young girls of the district are becoming self-reliant and making financial contributions to their families sewing handloom garments and marketing them. The women affairs department, social service department, youth development department...
TOKYO, Apr 19 (AFP): Japan's electronics giant Toshiba Corporation plans to raise around five billion dollars (500 billion yen) in a bid to reverse its worsening financial situation, news reports said Saturday.Toshiba is considering procuring 300 billion yen in capital...
Bangladeshi business team in Libya received orders of readymade garments, leather goods and medicine worth $ 5.5 million. The team also signed contract with Libyan authority for exporting 15,500 skilled and semi-skilled manpower within next three months.A ten-member high profile...
Pubali Bank Limited hosted a party at Agrabad Hotel in Chittagong recently in celebration of its 50 years of operation. The Bank started its journey by Bangali entrepreneurs in 1959 from the port city. Chairman of the bank Hafiz Ahmed...
Our CorrespondentCHITTAGONG, Apr 19: Industries Minister Dilip Barua said the fledgling ship building industry of the country would not only fetch foreign currency through export but also save the hard earned currency providing world standard ship for local market.While visiting...
FE Report Mr Abu Nasser Muhammad Abduz Zaher was re-elected chairman, and Yousif Abdulla Al-Rajhi, representative of Al- Rajhi Company for Industry and Trade, Riyadh and Zainul Abedin, representative of Bangladesh Masjid Mission, were re-elected as vice-chairmen of Islami Bank...
A new branch of NCC Bank Brokerage House was opened at Comilla recently. NCC Bank Chairman Tofazzal Hossain inaugurated the branch. Managing Director Mohammed Nurul Amin attended as special guest while Deputy Managing Director AK Md Siddique presided over the...
FE Report The inter-bank call money rate retained its soft face Sunday due to excess liquidity in the market. The US dollar also remained stable against Bangladesh taka (BDT) in the inter-bank foreign exchange market with moderate pressure on liquidity,...
FE ReportThe government borrowed Tk 5.0 billion (500 crore) Sunday through auctions of treasury bills. It will result in withdrawal of Tk 5.0 billion from the market in the week.The central bank conducted auctions of 91-day and 364-day bills on...
Berger Paints (BD) Limited has opened three more Berger ColourBank outlets at Konabari, Gazipur Chowrasta and Jaydevpur. Managing Director of the company Rupali Chowdhury inaugurated Shishir Hardware at Konabari, Fazila Hardware at Gazipur Chowrasta and Ripon Enterprise at Jaydevpur recently,...
MUMBAI, Apr 19 (AFP): India's stocks markets could be choppy this week, tracking key quarterly earnings, central bank moves and election-linked news, dealers said. Investors will watch moves from the Reserve Bank of India (RBI) next Tuesday, when it may...
DividendsBATBC: The board of directors of British American Tobacco Bangladesh Limited (BATBC) has recommended 240 per cent cash dividend (Tk 24 per ordinary share of Tk 10 each) for the year that ended on December 31, '08. The annual general...
SEOUL, April 19 (AP): South Korea accepted Sunday North Korea's proposal for talks on a joint industrial park, setting up the first high-level dialogue between the two countries in a year amid tensions over the North's rocket launch.Unification Ministry spokeswoman...
GENEVA, April 19 (AFP): A UN conference on racism was hit by new boycotts by Western nations Sunday amid concerns that the meeting will serve as a platform against Israel, which called it a "tragic farce".The outlook for Geneva conference,...
BEIJING, April 19 (Reuters): The United States would like to have a better idea about the intentions behind China's naval build-up, a senior US navy officer said Sunday, but downplayed worries over Chinese plans for an aircraft carrier."The advancement and...
TIMIKA, Indonesia, April 19 (AFP): Eleven people were killed when their light plane crashed in Indonesia's mountainous Papua province, an airfield official said Sunday.Timika Air Base commander Easter Haryanto, who is coordinating search efforts, said rescue teams have reached the...
BANGKOK, April 19 (AFP): Thai Prime Minister Abhisit Vejjajiva urged people Sunday to remain calm after a week of deadly protests and an assassination attempt on a leading political activist.Abhisit vowed the government would bring to justice those responsible for...
PESHAWAR, April 19 (AFP): At least three suspected militants were killed Sunday in Pakistan's tribal area, thought to have been by a US missile aimed at Taliban and Al-Qaeda rebels, officials said."It was a drone attack," local administration official Shahab...
Bomber kills 20 security forces in PakistanPESHAWAR, April 19: A suicide attacker detonated a car bomb at a checkpoint in a northwestern Pakistan town Saturday, killing at least 20 security forces personnel, officials in the troubled region said. The Taliban...
Investigating Agency to inquire into the War Crimes committed during the Bangladesh Liberation War will be constituted today (Monday), State Minister for Law Affairs Adv Kamrul Islam said Sunday after an inter-ministerial meeting, as the new government moved definitely to...
Prime Minister Sheikh Hasina received the annual audit report on spending from the state coffers from Comptroller and Auditor General (CAG) Ahmed Ataul Hakeem at the Prime Minister's Office in the city Sunday, reports UNB.On the occasion, the Prime Minister...
RAJSHAHI, Apr 19 (UNB): Rajshahi Medical College (RMC) and Rajshahi University of Engineering and Technology (RUET) may open on April 26 or 27 after over a month's closure following the campus violence in which a Chhatra Shibir leader was killed.The...
The High Court (HC) has ordered 58 Islami Chhatra Shibir (ICS) leaders and workers to surrender to a Rajshahi court within four weeks in connection with a case of campus violence at Rajshahi Medical College (RMC), reports bdnews24.com. A HC...
FARIDPUR, April 19 (BSS): Deputy Leader of the Jatiya Sangsad Syeda Sajeda Chowdhury Saturday said trials of war criminals, and killers of Father of Nation Bangabandhu Sheikh Mujibur Rahman and four national leaders must be held on the soil of...
CHITTAGONG, Apr 19 (UNB): At least six students were injured in a clash between two rival groups of Bangladesh Chhatra League (BCL) Chittagong University unit in a train at Sholoshahar railway station in the port city Sunday.Sources said as a...
The distribution of voter identity cards of Senate elections for the seats of registered graduate representatives of Dhaka University (DU) will continue until April 25, reports BSS.Registered graduates have been asked to receive their identity cards during office time at...
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