FE Report Malek Spinning Mills Limited Saturday unveiled its plan to produce polyester chips in the country, saying the ambitious move would steer the country's textile sector towards the fastest-growing non-cotton fibre business.Managing director of the company A Matin Chowdhury,...
FE ReportThe government will ask for law ministry vetting to decide on rights of two US oil minnows for conducting oil and gas explorations in hydrocarbon blocks 17 & 18 relinquished by the biggies, officials said Saturday."Legal opinion is required...
Another band of 60 BDR jawans suspected as mutineers were brought to court and all of them sent to jail Saturday following the carnage in the border force's Peelkhana headquarters. The court also granted 2-day fresh remand for another five...
A six-day fair titled 'Bangladesh Remittance Fair' will be held at Chittagong Engineer's Institute from April 26 to 28 while at Hafiz Complex in Sylhet from April 30 to May 2. The fair will be enriched with road show, number...
The newly elected Members of Parliament (MPs) from the reserved women seats will be sworn in at the oath-room of Jatiya Sangsad Bhaban today (Sunday). Speaker M Abdul Hamid Advocate will administer the oath to the MPs of Awami League...
Mahmudur RahmanFor laymen such as this scribe, the haste with which western governments acted to prop up the financial sector after their management bungled up badly was difficult to fathom. After all, shouldn't investments and such have proper provisions allocated...
The government now proceeds with the target of making the country self-sufficient in food rather than turning it food-surplus, in order to avert a possible adverse impact, reports UNB."Let us try to be self-sufficient in food production instead of achieving...
Bangladesh Rifles (BDR) Saturday furnished clarifications about the recent death of two of its personnel, Habilder Solaiman and Sepoy Raich Uddin, against the backdrop of the mutiny at the border force's headquarters, reports UNB.In separate press releases, the BDR said...
From Fazle RashidNEW YORK, March 28: The left leaning economists in America led by Nobel prize winning Paul Krugman who writes column for the New York Times (NYT) lashed out at President Obama for spending taxpayers money to salvage the...
Mehdi Musharraf BhuiyanThe 4-day Digital Expo organised by Bangladesh Computer Samity (BCS) ended in the city Saturday with visitors and exhibitors alike stressing that providing subsidy to the computer and IT accessories would help flourish the local information and communication...
DHAKA, March 28 (AFP): British Airways ended its direct flights between Dhaka and London Saturday because the 34-year-old route was no longer profitable, the carrier said.The airline suspended the three-times-a-week service as it had not made "a profitable contribution to...
Residents in many parts of the city, particularly in Shewrapara area, complained about outbreak of various diseases like dysentery and diarrhoea as they were forced to use Dhaka WASA-supplied contaminated water, which exuded acute bad smell and tasted very bitter,...
Video-in-charge of the just-launched private satellite channel Desh TV Khokon was crushed under the wheels of a truck at Jatrabari in the capital Saturday evening, reports UNB. Alam Hossain, another video editor of the TV channel, was also seriously injured...
FE Report The board of directors of Islami Bank Bangladesh Limited (IBBL) recommended 30 per cent stock dividend for its shareholders for the year 2008 subject to the approval of its 26th annual general meeting (AGM).The decision came at the...
FE ReportCold storage owners urged the government to guarantee supply of uninterrupted power to help store potatoes and potato-seeds in cold storages across the country aiming at ensuring food security. The Bangladesh Cold Storage Association Wednesday in a press release...
Md. Fazlur RahmanMohammad Khokon Mia, who runs a photocopier at Gausul Azam Super Market in the city, is worried about his future as acute power crisis is posing a serious threat to his source of income.He said frequent load shedding...
FE Report The second annual sales conference-2009 of Bank Asia Limited was held at Savar recently to review the bank's performance on Consumer Credit for the year 2008. Bank Asia President and Managing Director Erfanuddin Ahmed was present as the...
Sarwar ZahanThe inter-bank call money rate moved on a steady track last week due to regular intervention in the market by the central bank, fund managers said.The call rate in extreme range fluctuated mainly between 7.50 per cent and 12.0...
FE Report Chief Executive Officer (CEO) of Netherlands Development Finance Company Nanno Kleiterp and its Financial Intuitions Director Ruurd Brouwer visited Dutch-Bangla Bank Limited (DBBL) head office in the city recently.They discussed issues related to economic situation of the country...
March 22-March 25, 2009Commercial Bank of CeylonUS dollar maintained its stable tone against Bangladeshi taka in the last week.The foreign exchange market enjoyed sufficient liquidity because of lower import payments because most of the importers were very cautious about financial...
TOKYO, Mar 27 (AP): Japan's military mobilised Friday to protect the country from any threat if North Korea's looming rocket launch fails, ordering two missile-equipped destroyers to the Sea of Japan and sending batteries of Patriot missile interceptors to protect...
WASHINGTON, Mar 27 (AFP): President Barack Obama is to unveil Friday a new offensive against terror havens in Afghanistan and Pakistan, aiming to deal a death blow to Al-Qaeda more than seven years after the September 11 attacks.To win a...
CIRENDEU, Indonesia, Mar 27 (AP): Torrential rain caused a colonial-era dam to burst its banks early Friday, sending a wall of muddy water crashing into a suburb of the Indonesian capital. The flood killed at least 58 people, left scores...
BEIJING, Mar 27 (AP): China slammed a newly released US report on Beijing's growing military power as a "gross distortion," saying Thursday that it could damage military relations between the two countries.Foreign Ministry spokesman Qin Gang lashed out at the...
No decision on restoring NATO co-op: RussiaMOSCOW, Mar 27: Russia has still not taken a decision on restoring full cooperation with NATO which was broken off after Moscow's August war with Georgia, ambassador to NATO Dmitry Rogozin said Friday. "I...
Second Test, Napier (day two, close): New Zealand 619-9 dec v India 79-3New Zealand continued to dominate the second Test against India in Napier after impressive knocks from Jesse Ryder and Brendon McCullum, reports BBC. Ryder added 64 to his...
The opening match of IPL 2009 will be played at Newlands in Cape Town on April 18, and the final will be held at the Wanderers in Johannesburg on May 24, according to a tournament schedule that has been circulated...
SAITAMA, Mar 27 (AFP): Japan coach Takeshi Okada believes the return of his Europe-based players can help his side avenge a January loss to Bahrain when the two sides clash in a World Cup qualifier here Saturday. Japan lost 1-0...
Tiger Woods shot a first-round 68 to finish three shots off the lead after his first round at the Arnold Palmer Invitational in Orlando, reports BBC. Woods, playing in his third tournament of the year following his return to action...
MELBOURNE, Mar 27 (AP): Tennis Australia has confirmed it wants its Davis Cup match against India moved out of the southern city of Chennai in May due to security concerns."We have received advice from a variety of sources referring to...
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