TOKYO, Apr 15 (AFP): Japan's Sumitomo Metal Industries Ltd. is considering spending up to three billion dollars to build a steel plant in India with a local partner, a report said yesterday. Sumitomo Metal, Japan's third-largest producer of crude steel,...
FE Report BRAC Bank Limited has donated ICDDR,B Tk 5.0 million (50 lakh) to complete the extension of the BRAC Bank Short Stay Ward and Emergency Triage Area at its Dhaka Hospital under the bank's Corporate Social Responsibility (CSR) programme.BRAC...
Mehdi Musharraf BhuiyanThe number of the country's mobile subscribers is well on track to reach 181 million with a penetration rate of over 120 per cent by the year 2013, a leading global business publication predicted recently. The London-based Business...
FE Report The government is in double jeopardy. It being a signatory to the Framework Convention on Tobacco Control (FCTC) has to discourage tobacco consumption. But while doing so it needs to generate enough resources from domestic sources to finance...
Eastern Bank Limited (EBL) opened a new ATM booth at the Sonargaon Link Road in the city recently, said a press release.EBL Managing Director and Chief Executive Officer (CEO) Ali Reza Iftekhar formally inaugurated the 39th ATM booth of the...
FE Report The inter-bank call money rate was steady Wednesday mainly due to excess liquidity. The US dollar, however, gained ground against Bangladesh taka (BDT) in the inter-bank foreign exchange market, fund managers said.Most deals were transacted at rates varying...
Mr Anis A Khan, leading banking and finance professional, Wednesday joined Mutual Trust Bank Limited (MTB) as managing director (MD) and chief executive officer (CEO), says a press release. Prior to joining MTB, he served IDLC Finance Limited as CEO...
Our CorrespondentKHULNA, April 15: Twelve cement factories at Nowapara are facing crisis due to shortage of running capital, raw material and lack of government patronage, industry sources said.Ahad Cement, Niloy Portland Cement, Niloy White Cement, Himaloy Cement, Macca Cement, Bright...
Prime Campus, an English medium school established by Prime Bank Foundation at Uttara, held an art competition for children recently, says a press release. Children in two age categories - under 5 years and above 5 up to 6 years...
BAGHDAD, Apr 15 (AFP): Abul al-Hossein, fresh off a plane from Dhaka via Dubai, says he can drive cars, buses and trucks -- and he wants to do so in Iraq.The 39-year-old Bangladeshi does not speak a word of Arabic...
BSC recommends 10pc cash dividend The board of directors of Bangladesh Shipping Corporation (BSC) has recommended 10 per cent cash dividend for the year 2007-2008. The annual general meeting (AGM) of the company will be held at its head office...
Pirates have used rocket-propelled grenades and automatic weapons to attack another US merchant ship off the coast of Somalia, report agencies.The pirates damaged the Liberty Sun, which was carrying a cargo of food aid, but were not able to board...
International tensions have remained high after North Korea said it was expelling UN nuclear inspectors and resuming work on its nuclear programme, reports BBC.The US has condemned Pyongyang's "provocative threats", saying they were "a step in the wrong direction".Washington has...
NEW DELHI, April 15 (Bernama): India's largest democracy in the world will be put to test when nearly 710 million people exercise their rights by casting votes in the five-phased national elections, beginning tomorrow.After weeks of political wrangling, mud slinging,...
Troops continue to maintain a presence on the streets of Bangkok, a day after anti-government protests ended, reports BBC.The streets are calm, with many residents enjoying Buddhist New Year celebrations rather than thinking about the country's turbulent politics.The Thai finance...
India tests nuclear-capable missile: official BHUBANESWAR, (India), April 15: India Wednesday successfully tested a short-range nuclear-capable ballistic missile from a facility in eastern Orissa state, defence sources said. The test of an improved version of Prithvi-II (Earth) was carried out...
FE ReportThe government is mulling to tap all potential sources to generate electricity ranging from harnessing the underwater current in the sea to the use of sugarcane-based fuel, Industries Minister Dilip Barua said Wednesday."The government is very serious on the...
Prime Minister (PM) Sheikh Hasina Wednesday directed her official concerned to look into the position of a plot of land for setting up permanent office of Dhaka Reporters' Unity (DRU) at Segunbagicha in the city and assured other supports for...
Bangladesh Textile Mills Association (BTMA) Wedn esday donated Tk 5.10 million (51 lakh) for the welfare of the families of the martyred army officers killed in the February 25-26 Pilkhana carnage, reports UNB. A 37-member delegation of BTMA led by...
Sylhet Gas Field Ltd (SGFL) is going for a second condensate fractionation (CF) plant at Rashidpur in Bahubal of Habiganj without ensuring market of MS (motor spirits) products, informed sources said, reports UNB.SGFL floated tender for setting up a 1,250-barrel-a-day-capacity...
Our CorrespondentGOPALGANJ Apr 15: Two passengers were killed and 20 were injured in a bus accident on Dhaka-Khulna highway here Tuesday. A Dhaka bound passenger bus of Jakir Paribahan fell into the roadside ditch near Vatiapara cross-roads under Kariami Upazila...
JU CorrespondentJAHANGIRNAGAR UNIVERSITY, Apr 15: Pahela Baishakh was celebrated Tuesday at Jahangirnagar University (JU) campus with different cultural ceremonies and discussion meeting.Teachers, students and people of all age groups gathered at the campus wearing different colourful dresses and brought out...
A six-member committee was formed Wednesday to frame a fresh 'Bangladesh Climate Change Strategy and Action Plan' for combating the adversities stemming from climate change as the country is considered highly vulnerable to climate change and variability, reports UNB. The...
Young Cricketers earned a six-wicket win over Green Leaf SC in a match of the Second Division Cricket League at the Jagannath University ground in the city Wednesday, reports UNB.Batting first after winning the toss, Green Leaf were all out...
Bangladesh will play Cambodia in one of the opening day's matches of the AFC Challenge Cup qualifiers that will begin April 26 at the Bangabandhu National Stadium (BNS), reports UNB.In the day's opening match, Myanmar will meet Macao at 3:30...
NEW DELHI, Apr 15 (AFP): When veteran Australian coach John Buchanan recently floated the idea of having multiple captains in Twenty20, it became a burning issue, literally. His effigies were burnt in Kolkata by fans of former India captain Sourav...
LONDON, Apr 15 (AFP): Andy Flower was Wednesday named the new England coach by the England and Wales Cricket Board. The 40-year-old former Zimbabwe and Essex batsman was unveiled as the man to lead England's bid to win The Ashes...
Fast bowler Brett Lee has been deemed unfit to return to international cricket after failing to recover from an ankle injury. Doug Bollinger, the left-arm fast bowler, has been added to the Australian one-day squad as cover for the forthcoming...
Nat'l soccer team leaves for Kathmandu today A 20-man team of national booters, led by Aminul Huq, leaves for Kathmandu this (Thursday) morning to play the only practice match against Nepal Police team Saturday (April 18) ahead of the AFC...
The nation today (Tuesday) celebrates Pahela Baishak, the first day of the Bengali New year 1416, with traditional pomp and grandeur. The people from all walks of life attired in their best dresses suited to the Pahela Baishak celebration will...
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