FE Today Logo

Search results for:


Wind may have forced N Korea to delay rocket launch

2009-04-05 00:00:00

SEOUL, April 4 (AP): High winds may have forced North Korea to delay its rocket launch, despite the country's insistence Saturday that preparations were complete for the liftoff that many suspect is intended to test the country's long-range missile capabilities.Regional...

US wants common Myanmar strategy with Asia

2009-04-05 00:00:00

WASHINGTON, April 4 (AFP): The United States wants to forge a common strategy with Asia to coax military-run Myanmar out of isolation, a senior official said Wednesday, suggesting six-way talks with North Korea could be a model.President Barack Obama's administration...

news digest

2009-04-05 00:00:00

Suu Kyi's US backers plead to keep sanctionsWASHINGTON, April 4: US Congress supporters of Myanmar's democracy icon Aung San Suu Kyi pleaded to keep sanctions on the military regime as a key senator said efforts to isolate the junta had...

S Lanka forces kill 18 rebels in sea battle

2009-04-05 00:00:00

COLOMBO, April 4 (AFP): Sri Lankan security forces destroyed three Tamil Tiger boats Saturday and killed at least 18 guerrillas trying to escape a major military ground offensive, defence officials said.Tiger rebels are battling to resist an military assault that...

US drone fires missile in Pakistan, 13 dead

2009-04-05 00:00:00

PESHAWAR, April 4 (Reuters): A pilotless US drone aircraft fired a missile in northwest Pakistan Saturday, killing 13 people including some foreign militants, security officials and residents said.Hours later, Pakistani Taliban militant leader Baitullah Mehsud claimed responsibility for a shooting...

US-led troops kill 20 Afghan insurgents

2009-04-05 00:00:00

KABUL, April 4 (AFP): Afghan and US-led troops killed 20 insurgents in ground fighting and air strikes in the southern province of Helmand, the US military said Saturday.The battle erupted Friday in the strategic Kajaki district after a patrol was...

14 die in US citizenship centre massacre

2009-04-05 00:00:00

BINGHAMTON, New York, April 4 (AFP): A lone killer armed with at least two handguns massacred 13 people at a citizenship centre in New York state Friday before apparently shooting himself, police said.The slayings took place on the main floor...

World economy gets reality check after G20 euphoria

2009-04-05 00:00:00

WASHINGTON, April 4 (AFP): Gloomy data from the world's leading nations yesterday provided a stark reminder of the perilous state of the global economy a day after euphoria stemming from a G20 summit in London. The US jobless rate leapt...

Madonna Ad celebrates 30th anniversary

2009-04-05 00:00:00

Madonna Advertising Limited celebrated its 30th anniversary recently. The daylong programme took place at its corporate office in the city, said a press release.Established in 1979, Madonna Advertising Limited is successfully engineering the advertising, marketing communication and event managements of...

Developing agenda wins at G20 summit

2009-04-05 00:00:00

The G20 summit could go down as the turning point when the distinction between the developing and developed world, already blurry, ends for good, reports BBC.Many of the developing nations - China, Brazil, India among them - came to the...

OECD names, shames tax havens

2009-04-05 00:00:00

The Organisation for Economic Cooperation and Development (OECD) has published its blacklist of non-cooperative tax havens, reports BBC.Costa Rica, Malaysia, and the Philippines are the countries listed as not having agreed to tax standards.Uruguay had originally been listed too, but...

WB inaugurates $50b trade finance for dev countries

2009-04-05 00:00:00

LAGOS, April 4 (Xinhua): The World Bank has inaugurated a new global initiative aimed at bringing together governments, development finance institutions and banks to support trade in developing markets, reported the News Agency of Nigeria yesterday. The initiative with a...

Executive committee meeting of Al-Arafah Islami Bank held

2009-04-05 00:00:00

The 231st meeting of the executive committee of Al-Arafah Islami Bank Ltd. was held at its head office in the city recently, said a press release.Chairman of the committee Abdus Samad presided over the meeting. The meeting reviewed the overall...

G-20 demonstrates capacity to revive trade: WTO chief

2009-04-05 00:00:00

NEW DELHI, Apr 4 (PTI): The World Trade Organisation, which projected the global trade volume to contract by 9 per cent in 2009, yesterday said the outcome of the G-20 summit demonstrates the capacity of the international community to leverage...

Unrelenting jobless rise imperils US recovery

2009-04-05 00:00:00

WASHINGTON, April 4 (AFP): Amid an unrelenting pace of job losses, the US economy faces a race against the clock as it struggles to recover from its worst slump since the Great Depression. Another hellish month for the US labor...

Commodities steady on G20 summit, gold loses shine

2009-04-05 00:00:00

LONDON, Apr 4 (AFP): Commodity prices held steady this week as the G20 summit stoked hopes of an economic upturn and rising demand for raw materials but gold fell as world leaders agreed to sell reserves to help fund IMF...

Russia closes N power station

2009-04-05 00:00:00

MOSCOW, Apr 4 (AFP): Russian officials shut down the nuclear power station at Kalinin, in the northwest Tver region of Russia, because of a faulty turbine, the Interfax agency reported today, citing officials at the station. The number two block...

Ujjal Mohanganj making poor self-reliant

2009-04-05 00:00:00

Our CorrespondentNETRAKONA, Apr 04: The poor and ultra poor people of Mohanganj upazila in Netrakona district have found the way of becoming self-reliant by following the slogan "saving in good times helps in hard times." The poor of the area...

China overall crude stocks fall 1.6pc in Feb

2009-04-05 00:00:00

BEIJING, Apr 4 (Reuters): China's overall crude inventories at the end of February dropped 1.6 per cent from a month before to 36.6 million tonnes, a Xinhua newsletter said Friday, as refineries stepped up operations to get ready for an...

Vietnam telecoms firms approved for 3G

2009-04-05 00:00:00

HANOI, Apr 4 (AFP): Vietnam said Friday it had approved four telecoms to offer the country's third-generation (3G) mobile phone services.Army telecoms operator Viettel, state-owned Vinaphone, soon-to-be-privatised MobiFone, and a venture between Hanoi Telecom and EVN Telecom -- part of...

India's Reliance starts pumping deep-sea gas

2009-04-05 00:00:00

MUMBAI, Apr 4 (AFP): India's Reliance Industries has begun pumping gas from the deep-sea Krishna Godavari Basin off the east coast in what it said Thursday marked a "quantum leap" towards national energy security. The output from the field could...

Twitter co-founder wants to build 'independent' company

2009-04-05 00:00:00

WASHINGTON, Apr 4 (AFP): Twitter co-founder Biz Stone said Friday following a report that Google was seeking to purchase the hot micro-blogging service that his goal was to build a "profitable, independent company." Stone, in a brief post on the...

Berger ColorBank outlets opened at Narayanganj

2009-04-05 00:00:00

Five new Berger ColorBank outlets were inaugurated at Narayanganj, says a press release. Managing Director of Berger Paints (BD) Ltd Rupali Chowdhury inaugurated New Sheetala, Saptarang, Ram Prasad Paint Supply and Tanha Paint and Hardware.General Manager (Sales and Marketing) of...

Operating profit of AB Bank Tk 4.30b

2009-04-05 00:00:00

FE Report The operating profit of AB Bank Limited stood at Tk 4.30 billion (430 crore), registering a growth of 29 per cent over 2007. Its total assets grew by 32 per cent to more than Tk 84.05 billion, while...

Pilot programme for labour laws in shrimp industry

2009-04-05 00:00:00

Our CorrespondentKHULNA, Mar 04: A pilot programme to ensure implementation of labour laws in shrimp industry has begun in six such processing units in Khulna. Sources said that the project is being implemented under the auspices of Bangladesh Shrimp and...

Mercantile Bank selects chairman, vice chairmen

2009-04-05 00:00:00

Mr Md Abdul Jalil, Mr MS Ahsan and Mr Golam Faruk Ahmed have been selected chairman, first vice chairman and second vice chairman of the Mercantile Bank Limited respectively.Mr Md Abdul Jalil is one of the sponsor directors of the...

ICB AMCL declares NAV of its two unit funds

2009-04-05 00:00:00

FE Report ICB Asset Management Company Limited (AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), recently announced Net Asset Value (NAV) of its two unit funds, said a press release.The total NAV of ICB AMCL Unit Fund stood at...

BRAC Bank supports DMP

2009-04-05 00:00:00

BRAC Bank supported Dhaka Metropolitan Police (DMP) in building a one stop service centre" at DC, Dhaka Metropolitan Police (DMP) office, Tejgaon recently, says a press release. DMP Commissioner Shahidul Hoque and DMD of BRAC Bank Limited Syed Mahbubur Rahman...

United Leasing approves cash dividend, bonus share

2009-04-05 00:00:00

United Leasing Company Limited (ULCL) approved 20 per cent cash dividend with one bonus share for every seven shares for its shareholders for the year 2008.The approval came at the 20th annual general meeting (AGM) of the company at the...

Bashundhara to set up oil refinery

2009-04-05 00:00:00

Bashundhara Group, a leading business conglomerate of the country, has undertaken a project to establish a oil refinery in the country, says a press release.Chairman of the Group Ahmed Akbar said the country would need not to import crude oil...