SHANGHAI, March 24 (AFP): China's central bank said it wants to replace the US dollar as the international reserve currency with a new system run by the International Monetary Fund (IMF). People's Bank of China Governor Zhou Xiaochuan wrote on...
LONDON, Mar 24 (AFP): Oil prices slid Tuesday on profit-taking after hitting four-month peaks on news of the United States (US) government's massive plan to clear toxic assets from bank balance sheets.New York's main futures contract, light sweet crude for...
Our CorrespondentFARIDPUR, Mar 24: Growing of onion seeds has changed the lot of many farmers in Faridpur district recently.Faridpur district is noted for producing onion seeds.The lion-share of the demand for onion seeds in the country is met by the...
FE ReportScanCement organised a day-long programme called "ScanCement Hello Bhalo Basha Seminar" at Mirpur in the city, said a press release.A number of home owners and individuals were present on the occasion.Technical service Manager of Heidelberg Cement Bd Ltd Tazul...
Mr. Yoo Hong Yeol has been appointed the new Managing Director of CERAGEM Bangladesh Limited, a subsidiary of World's largest USFDA and ISO certified thermal acupressure device manufacturer CERAGEM of South Korea, said a press release.Prior to this new assignment,...
LONDON, Mar 24 (AFP): British oil and gas group BG now controls more than 90 per cent of Pure Energy of Australia after another Australian company, Arrow Energy, agreed to sell BG a 20.59 per cent stake in Pure, BG...
TOKYO, Mar 24 (Reuters): Japan would find it difficult to intercept debris from a rocket that North Korea has vowed to fire next month, the foreign minister said Tuesday, noting that the country's missile defense system has never been tested...
ISLAMABAD, Mar 24 (AP): The Pakistani chief justice whose ouster sparked tremendous political turmoil made a celebrated return to his office Tuesday following calls for reconciliation and a strong judiciary by the country's president, who had long blocked the judge's...
NEW DELHI, Mar 24 (AFP): India's ruling Congress Party unveiled its election manifesto Tuesday, saying that young people, rural infrastructure and small industries would be its campaign priorities.Prime Minister Manmohan Singh and party chief Sonia Gandhi announced their policies ahead...
BAGHDAD, Mar 24 (AP): A suicide bomber struck a tent filled Monday with Kurdish funeral mourners, unleashing a huge fireball that killed at least 23 people in a northern town where Kurds and Arabs are competing for power. Also Monday,...
BEIJING, Mar 24 (AP): South Korea's top nuclear negotiator arrived in Beijing Tuesday for talks aimed at reviving efforts to verify North Korea's nuclear programmes amid growing unease over Pyongyang's plans to launch a rocket.Wi Sung-lac was scheduled to meet...
TOKYO, Mar 24 (AP): Investigators hauled away charred wreckage and planes began to land again Tuesday morning on the main runway of Japan's largest international airport, where a day earlier a FedEx cargo flight crashed and exploded, killing its two...
Myanmar opposition asks for Suu Kyi meetingYANGON, Mar 24: Myanmar's opposition Tuesday issued a fresh appeal for permission to see Aung San Suu Kyi and other detained leaders, after a UN panel said the ruling junta broke the country's own...
FE ReportThe power ministry has extended the bid submission deadline for installation of the 300-megawatt (MW) Siddhirganj peaking power plant by over a month, officials said Tuesday.The new deadline for submission of bids has been fixed on April 30 for...
ICB Islamic Bank Ltd announced the renovation of its Gulshan branch along with the launching of 'privilege banking suite' to provide better personalised services to clients. Chairman of the bank Hadenan Bin Abdul Jalil inaugurated the newly renovated branch Monday,...
FE ReportIn recent months Citibank N. A. Bangladesh provided a number of its brightest executives the opportunity to serve in other Asian Pacific countries. This program has not only been successful in the cross exchange of work ethics, experience, and...
FE Report Prime Bank Limited and TK Group of Industries recently signed a memorandum of understanding (MoU) for promoting asset and liability retail products of the bank to the employees of the group, said a press release.Prime Bank Additional Managing...
FE Report The inter-bank call money rate was steady despite withdrawal of cash from the market through bonds. The US dollar also remained stable against Bangladesh taka (BDT) in an active inter-bank foreign exchange market on smooth flow, fund managers...
The Institute of Chartered Accountants of Bangladesh (ICAB) by an order dated March 2, 2009 suspended the membership of Mr. ATMA Bari FCA (423), Partner of ACNABIN Chartered Accountants due to professional misconduct, says a press release. Mr. Bari then...
Singer Bangladesh Limited has opened a full-fledged Singer Service Plus Centre in Jessore to provide high quality after-sales service to customers of western region of the country. Marketing Services Director of Singer Bangladesh Mokbul Ahmed inaugurated the service centre at...
Our CorrespondentKHULNA, Mar 24: About half a million bales of raw jute worth about Tk 5.8 billion have been lying in different warehouses in Daulatput area of the city due to a sudden fall in the export of the commodity....
FE ReportSocial Investment Bank Ltd (SIBL) shareholders approved 10 per cent stock dividend for the financial year 2008 at the 14th annual general meeting (AGM) of the company held at Bashundhara City Monday. SIBL Chairman Abdul Awal Patwary presided over...
FE Report The central bank purchased US$15 million more from two commercial banks Tuesday to keep the inter-bank foreign exchange market stable. "We've bought the US dollar from the banks at Tk 69.00 per unit to help them comply with...
FE ReportThree local commercial banks have signed clearing account agreements with ICICI Bank Ltd Bangladesh.The banks are Bank Asia, First Security Islami Bank and Rupali Bank, said a press release."This clearing account will provide modern facilities to the three banks...
Transcom Foods Ltd Executive Director Akku Chowdhury received the CEO's Award for KFC and Running Great Restaurants Pizza Hut award from Yum! Indian Subcontinent in Delhi at the franchisee awards show recently. This however was not the first award that...
Rotisserie chicken, rose wine and portable video players have been added to a typical basket of goods used to calculate inflation in UK, according to BBC.Wine boxes, MP3 players and rentals from DVD hire shops have been removed to make...
MELBOURNE, Mar 23 (AFP): Australia's Straits Resources announced Monday it was selling a stake in its coal assets to Thailand's PTT International for US$ 335 million.Straits said the transaction would give PTT a 28.26 per cent interest in Straits' Singapore-listed...
SBL director to buy 7,600 sharesShaikh Mesbauddin, one of the directors of Standard Bank Limited (SBL), will buy 7,600 shares of the bank at prevailing market price through stock exchange within next 30 working days.Trading of Glaxo Smith sharesTrading of...
President Zillur Rahman emphasised the need for reopening the closed industries to ensure robust industrialisation in the country through tapping the available potential, reports UNB.The suggestion came from the highest level of the state when Industries Minister Dilip Barua paid...
DU CorrespondentMinister for industries Dilip Barua urged the new generation to remain ever-vigilant to maintain the hard-earned independence of the country, as an evil force is still attempting to undo it."You the youths have to be careful always to protect...
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