SINGAPORE, Dec 29 (AFP): Oil prices rose in Asian trade today on evidence that Organisation of the Petroleum Exporting Countries (OPEC) members have begun complying with agreed output cuts, rebounding slightly from four-year lows before the Christmas break. New York's...
NEW DELHI, Dec 29 (PTI): India is not a suitable country for low-cost airline operations as it not only lacks infrastructure like low-cost secondary airports but also the cost of their staff is at par with full service carriers (FSC),...
KUALA LUMPUR, Dec 29 (AFP): Malaysia and India are to sign a labour accord Saturday to govern the recruitment and welfare of their workers in each other's country, a report said today. Malaysia's Human Resources Minister S Subramaniam said the...
YANGON, Dec 29 (AFP): Military-run Myanmar has signed a deal with South Korean and Indian companies to pipe natural gas from the energy-rich nation's offshore fields to China, state media reported today. The Myanma Oil and Gas Enterprise inked the...
LONDON, Dec 29 (AFP): British house prices fell by an average 8.7 per cent in 2008 and will likely plunge a further 12 per cent next year, property information firm Hometrack said today. The company's research director Richard Donnell warned...
MOSCOW, Dec 29 (AFP): Time is running out for Russia and Ukraine to reach a last minute deal by midnight at New Year to prevent a Russian cut of gas deliveries to its neighbour and a possible bitter diplomatic conflict....
FE ReportGas Transmission Company Ltd (GTCL) earned Tk 2.73 billion as pre-tax profit in the fiscal year 2007-08.The company earned Tk 4.17 billion on account of transport of gas and condensate which is 18.26 per cent up against the previous...
FE ReportThe name clearance certificate issuance process of the office of the Registrar of Joint Stock Companies and Firms (RJSC) should be decentralized for facilitating the businesses of the country.The third meeting of the RJSC Reforms Committee, held in Chittagong...
Our CorrespondentCHITTAGONG, Dec 29: Bangladesh Garments Manufactures and Exporters' Association (BGMEA) has called for reducing the charges and freight of different services offered by the Chittagong Port (CP). They sought interference of the shipping adviser in this respect through a...
EXIM Bank Ltd inaugurated its first SME Service Center at Gazipur Sunday. Chairman of the bank Md Nazrul Islam Mazumder inaugurated the service center.Managing Director Kazi Masihur Rahman presided over the inauguration programme, says a press release.Directors A.K.M. Nurul Fazal...
EXIM Bank Ltd inaugurated its first SME Service Center at Gazipur Sunday. Chairman of the bank Md Nazrul Islam Mazumder inaugurated the service center.Managing Director Kazi Masihur Rahman presided over the inauguration programme, says a press release.Directors A.K.M. Nurul Fazal...
Bank Asia has given higher studies scholarships to 4 (four) meritorious students of Malkhanagor under Sirajdikhan upazila of Munshiganj Saturday as a part of its corporate social responsibility. Bank Asia's President and Managing Director Syed Anisul Huq handed over the...
The 98th meeting of the board of directors of Shahjalal Islami Bank Limited (SJIBL) was held at its board room in the city recently, says a press release. The meeting was presided over by Chairman of the bank Akkas Uddin...
Emirates Airline, the award-winning international carrier with extensive services to India, and Jet Airways, India's premier international airline, have announced their partnership plans spanning a unilateral code share agreement and a reciprocal frequent flyer arrangement.Emirates will unilaterally share code on...
Dutch-Bangla Bank Limited has opened its 64th branch at Mirpur Circle-10 (231, Senpara Parbata) in the city. In this connection, an inaugural function was organised on the branch premises. Managing Director of the bank Md. Yeasin Ali inaugurated the branch...
All subscribers of Dhaka Electric Supply Company (DESCO) will shortly be able to pay their electric bills either from their Grameenphone (GP) handset or from any GP-authorised BillPay outlets at anytime and from anywhere.In this connection, an agreement was signed...
TOKYO, Dec 29 (Bloomberg): Asian stocks climbed as merger talks boosted insurers and commodity producers advanced amid rising raw materials prices, paring the worst annual losses on record for the region's benchmark index.Mitsui Sumitomo Insurance Group Holdings Inc. jumped 8.30...
LONDON, Dec 29 (Reuters): European shares rose 1.0 per cent in thin trading Monday, with stronger crude and metals prices boosting commodity stocks, but analysts said the market remained cautious due to gloomy outlook in the near term.At 0928 GMT,...
The Premier Bank Limited has opened its 30th branch at Savar Bus Stand. In this connection, an inaugural function was organised on the branch premises Sunday. Vice President and Manager of the Savar branch Moudud Ahmed presided over the function,...
DUBAI, Dec 29 (Internet): Equity investors in the oil-rich Gulf are about to bid farewell to the worst year in the region's bourse history, poorer by more than US$450 billion (Dh1.65 trillion) after accumulating a massive wealth from share profits...
SEOUL, Dec 29 (Bloomberg): South Korea's National Pension Service, the nation's biggest investor with 225 trillion won (US$178 billion) in assets, will add bonds and cut back on equity investment from an earlier target after the stocks slumped.Domestic stocks will...
An Indian company is going to set up a knit garments manufacturing industry in the Karnaphuli Export Processing Zone (EPZ).M/s White House Clothing BD (Pvt) Limited, a 100 per cent Indian company, will invest US$5.862 million in the project.In this...
GAZA CITY, Dec 29 (AP): Israel's air force obliterated symbols of Hamas power on the third day of its overwhelming assault on Gaza Monday, striking a house next to the Hamas premier's home, devastating a security compound and flattening a...
ISLAMABAD, Dec 29 (AFP): Senior Pakistani and Indian military officers spoke over the weekend in an apparent bid to ease tensions that have mounted following last month's attacks in Mumbai, an official said Monday. The unscheduled conversation over the hotline...
WASHINGTON, Dec 29 (Internet): President-elect Barack Obama's top advisers said Sunday that they wouldn't back away from a promise to cut taxes on the middle class and raise them for the wealthiest Americans, as they made the case for a...
BANGKOK, Dec 29 (AP): Thousands of supporters of exiled former Prime Minister Thaksin Shinawatra ringed Thailand's Parliament Monday, vowing to remain until the new government dissolves the legislature and calls general elections.The demonstrators dared lawmakers to pass through their ranks...
PESHAWAR, Dec 29 (AFP): The death toll from a suicide car bombing at a polling station in northwest Pakistan has risen to 41, the police said Monday, as Taliban-linked extremists claimed responsibility for the attack. The attack on Sunday destroyed...
KAMPALA, Uganda, Dec 29 (AP): Attackers wielding machetes hacked to death dozens of people at a church in remote eastern Congo, witnesses said Monday, and the Ugandan army accused the Lord's Resistance Army rebels of the massacre.A European aid worker...
MOGADISHU, Dec 29 (AP): Somalia's president resigned Monday as the head of his country's UN-backed government after four years of leading one of the most violent, impoverished countries in the world.Abdullahi Yusuf made the announcement in a speech before parliament...
DETROIT, Dec 29 (AP): Wind gusting more than 60 mph knocked out power to about 413,000 Michigan homes and businesses Sunday as temperatures dipped back into the 20s and 30s.Meanwhile, flood warnings were posted throughout the Midwest as temperatures rose...
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