FE Today Logo

Search results for:


Pubali Bank opens 366th branch in Cox’s Bazar

2008-12-31 00:00:00

Pubali Bank Limited inaugurated its 366th branch at Chakoria in Cox's Bazar recently, says a press release. Pubali Bank Director Ahmed Shafi Chaodhury inaugurated the branch while Managing Director Helal Ahmed Chowdhury presided over the inaugural function.In his speech, Ahmed...

Call rate, dollar maintain steady levels

2008-12-31 00:00:00

FE Report The inter-bank call money rate was steady Tuesday despite higher demand for fund, as the central bank injected fresh cash into the market to ease pressure on liquidity. The US dollar also remained stable against Bangladesh taka (BDT)...

Trading of Maksons Spinning, National Housing begin tomorrow

2008-12-31 00:00:00

FE ReportThe trading of Maksons Spinning Mills Limited and National Housing Finance and Investment Limited will begin tomorrow (Thursday) on Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE). The Dhaka Stock Exchange (DSE) board in a recent meeting approved...

Call to lift quota system in old clothes import

2008-12-31 00:00:00

Our CorrespondentCHITTAGONG, Dec 30: A large number of dwellers of the port city, specially lower income people, depends on old clothings during the winter but high prices have put them in a difficult situation.Bangladesh Old Clothes Traders Welfare Association (BOCWA)...

EBL opens new branch in city

2008-12-31 00:00:00

FE ReportEastern Bank Limited (EBL) opened its 33rd branch at Moghbazar in the city recently, said a press release. EBL Chairman Mir Nasir Hossain inaugurated the branch of the bank at a simple ceremony. Also present at the inaugural ceremony...

Asian markets mixed as painful ’08 draws to close

2008-12-31 00:00:00

HONG KONG, Dec 30 (AFP): Asia's stock markets closed mixed today as investors stayed away ahead of the new year holiday while some of the region's indexes brought the curtain down on a punishing year. Dealers waited in the wings...

AKTEL brings 'News On Demand'

2008-12-31 00:00:00

AKTEL has brought a new and first ever service in Bangladesh, AKTEL ETV news called 'News On Demand', says a press release. AKTEL is the first operator to launch this Wireless Application Protocol (WAP)-based service in Bangladesh with 'Software Shop...

Grapes cultivation gains popularity in N-region

2008-12-31 00:00:00

Our CorrespondentRANGPUR, Dec 30: Grape cultivation is gradually gaining popularity in the northern region and the growers are earning handsomely by selling their products. According to the agriculturists, the soil and climate of Dinajpur, Rangpur, Thakurgaon and Panchagarh are suitable...

IBBL opens 10th SME centre

2008-12-31 00:00:00

Islami Bank Bangladesh Limited (IBBL) inaugurated its 10th SME Service Center at Zirani Bazar of Ashulia near the city Sunday, says a press release. IBBL Director Md. Eskander Ali Khan inaugurated the service center. Managing Director M. Fariduddin Ahmad presided...

Jute Spinners AGM approves 20pc cash dividend

2008-12-31 00:00:00

The 29th annual general meeting (AGM) of Jute Spinners Limited has approved 20 per cent cash dividend for its shareholders for the year 2007-2008.The AGM was held in the city recently. Chairman of the company Muhammad Shams-ul Haque presided over...

European stock-index futures climb

2008-12-31 00:00:00

LONDON, Dec 30 (Bloomberg): European stock-index futures advanced, tracking gains in Asia, on optimism that higher oil and metals prices will boost earnings at energy and raw-material companies. US index futures rose.BHP Billiton Limited, the world's biggest mining company, increased...

corporatewatch

2008-12-31 00:00:00

DSE/CSE remain close todayTrading at the DSE and CSE will remain closed today (Wednesday) due to bank holiday.City Bank board revalues bank's assetsThe board of directors of the City Bank has approved the revaluation of bank's following assets conducted by...

Israel pounds Gaza for fourth day, 10 dead

2008-12-31 00:00:00

Israeli jets have attacked the Gaza Strip for a fourth day, with raids on a number of Hamas government buildings and security installations, report agencies.Air strikes early Tuesday killed at least 10 people, medical officials in the coastal enclave said.UN...

Opposition 'wins' Ghana election

2008-12-31 00:00:00

Opposition candidate John Atta Mills says he has won Ghana's election run-off, with official results expected to be released shortly reports AFP."The figures show clearly that I have won the election. I am only waiting for the electoral commissioner to...

Pakistan urges India to resume dialogue, relocate troops

2008-12-31 00:00:00

ISLAMABAD, Dec 30 (AFP): Pakistan Tuesday called for negotiations with India and asked New Delhi to relocate its troops away from the border in a show of goodwill to defuse tensions between the nuclear-armed neighbours.The proposals from Foreign Minister Shah...

Pakistan suspends Afghan supplies

2008-12-31 00:00:00

Pakistan has halted a key supply route to US and Nato forces in Afghanistan in order to begin an offensive against militants, officials say, reports BBC.Troops backed by helicopter gunships and tanks began the operation in the Khyber Pass area...

Thai PM switches venue for speech

2008-12-31 00:00:00

Thailand's new Prime Minister Abhisit Vejjajiva has delivered his maiden policy speech, after protesters forced him to switch venue, report agencies.After parliament was blockaded for two days running, Mr Abhisit assembled a quorum of MPs at the foreign ministry. His...

20pc 'have blood pressure gene'

2008-12-31 00:00:00

One in five white people carries a gene fault which could raise their risk of high blood pressure, research suggests, reports BBC.The STK39 gene variant was found after scanning the entire genetic code of hundreds of people in the US...

Afghan, NATO troops kill nine rebels

2008-12-31 00:00:00

KANDAHAR, (Afghanistan), Dec 30 (AFP): At least nine Taliban- linked militants were killed in clashes with Afghan and international forces in troubled southern Afghanistan, a police commander said Tuesday. The fighting erupted in the Nawa district of Helmand province after...

Palin's daughter gives birth to a baby boy

2008-12-31 00:00:00

LOS ANGELES, Dec 30 (AFP): The teenage daughter of Republican former vice-presidential candidate Sarah Palin has given birth to a baby boy, People magazine reported on its website Monday. Bristol Palin, whose teen pregnancy became an election campaign talking point...

news digest

2008-12-31 00:00:00

Moderate undersea quake jolts Taiwan TAIPEI, Dec 30 (AFP): A moderate undersea quake struck northeastern Taiwan Tuesday, but there were no immediate reports of damage or casualties. The quake struck at 9:31 am (0131 GMT) around 90 kilometres (56 miles)...

Expectations from the new govt for urban property development

2008-12-31 00:00:00

Munima SultanaWhat is the expectation of the players in the urban property sector from the new government?As the much-awaited ninth parliamentary elections ended peacefully on Monday, the sector analysts expect that the new government would take initiatives to ensure smooth...

How real estate companies deceive?

2008-12-31 00:00:00

Ali AkbarI bought an apartment at Niketon, Gulshan from a well known real estate company in 2004. While signing the agreement, I paid 75 per cent of the total price. The company promised to hand over the flat after one...

How low will house prices go in 2009?

2008-12-31 00:00:00

Ian Pollock This past year will go down as the one in which the property market raced from boom to bust. In the autumn of 2007 prices began to fall each month as the international banking crisis took hold. With...

Developer helps historic property see new life

2008-12-31 00:00:00

With its decaying Japanese pagoda, crumbling English castle and the remains of a resort hotel, National Park Seminary looked like an enchanted forest - and one in desperate need of a happy fairy-tale ending. But thanks to a $150 million...

From summer resorts to wealthy suburbs, a look at the most expensive small US towns

2008-12-31 00:00:00

Residents of America's most expensive small town get by without a chain store or even a traffic light. The town has one gas station, an elementary school, a community center, a general store, dairy and vegetable farms, and some restaurants...

No policy change on foreign investment in property sector

2008-12-31 00:00:00

Hu Yuanyuan At present, the government has no plans to change its policies on foreign institutions' investment into China's property sector but may take a more flexible approach in the approval process, sources told China Daily today."So far, we haven't...

Directives issued for repatriating rescued Bangladeshis in Bay

2008-12-31 00:00:00

Foreign Adviser Dr Iftekhar Ahmed Chowdhury has issued instructions to the relevant authorities to "facilitate the repatriation of those survivors identified as Bangladeshis" in the incident involving the sinking of a boat near the Andamans, reports UNB.The Foreign Adviser gave...

People return to normal activities

2008-12-31 00:00:00

RAJSHAHI, Dec 30 (BSS): People have returned to their normal activities as the holiday and festive mood ended with the holding of the Monday's parliamentary election in the northern districts, including the Rajshahi city.Different modes of vehicles have been plying...

DUTA election today

2008-12-31 00:00:00

Election to the executive committee of Dhaka University Teachers' Association (DUTA) for the year of 2009 will be held today (Wednesday), reports BSS.Polling would be held from 10:00 am to 2:00 pm at DUTA office of DU Club without any...