FE Today Logo

Search results for:


Awful garbage carrying

2007-11-14 00:00:00

GARBAGE carrying in day time has unfortunately remains yet a regular activity. It is no overstatement to say that Dhaka has turned into a city of garbage in many of its sections under the present system of garbage disposal. Garbage...

Microfinance programmes in Bangladesh

2007-11-14 00:00:00

Dr. Salehuddin Ahmed writes in the first of a two-part articleFINANCIAL services for the poor have proved to be a powerful instrument for poverty reduction enabling the poor to build assets, increase incomes and reduce the vulnerability to economic stress....

Role of NGOs in job creation

2007-11-14 00:00:00

Md. AourongjebEmployment rate of a country is considered as one of the vital tools to measure its overall growth. If the rate is not satisfactory, it may be said that the country is lagging behind the current race and immediate...

Indian PM seeks enhanced trade ties with Russia

2007-11-14 00:00:00

MOSCOW, Nov 13 (PTI): Prime Minister Manmohan Singh yesterday sought a "big leap forward" in Indo-Russian trade and investment including in the energy sector where there are bilateral synergies "waiting to be exploited." Addressing the leaders of Russian and Indian...

Eurozone finance chiefs urge China to bear more 'responsibility' for global financial stability

2007-11-14 00:00:00

BRUSSELS, Nov 13 (AFP): Eurozone finance ministers urged China yesterday to bear more "responsibility" for global financial stability as they prepared a top-level mission to lobby Beijing about its runaway trade surplus with Europe. Finance ministers, who were meeting in...

China consumer inflation rebounds in October

2007-11-14 00:00:00

BEIJING, Nov 13 (Reuters): Soaring food costs drove up China's inflation in October, reinforcing expectations that the central bank will raise interest rates again before long to keep a lid on price pressures. Consumer price inflation quickened to 6.5 per...

WTM predicts global trends in travel industry

2007-11-14 00:00:00

LONDON, Nov 13 (Xinhua): World Travel Market (WTM) unveiled here yesterday a report predicting global trends in the travel industry over the next five years. According to the report, tourism in North Africa is poised for success, with Morocco being...

China under fire at WTO for restrictions on foreign media

2007-11-14 00:00:00

GENEVA, Nov 13 (AFP): China was criticised at the World Trade Organisation (WTO) yesterday for its restrictions on foreign news agencies who are unable to sell their information to local media, trade sources said. Canada, the United States, Japan and...

Eurozone rate hikes possible if financial turmoil abates

2007-11-14 00:00:00

PARIS, Nov 13 (AFP): Interest rates in the 13-nation Eurozone could rise if financial turbulence sparked by the US home loan crisis is contained, the IMF predicted yesterday. "In the euro area and several other advanced economies, monetary policy has...

IMF, Liberia reach deal on reducing debt

2007-11-14 00:00:00

WASHINGTON, Nov 13 (AFP): The International Monetary Fund (IMF) has struck a "milestone" deal with member countries allowing it to provide debt relief to Liberia, the fund announced yesterday. Member states have made pledges totalling more than 842 million dollars,...

Oil prices steady above 94 dollars in Asia

2007-11-14 00:00:00

SINGAPORE, Nov 13 (AFP): World oil prices held above 94 dollars per barrel in Asia today in steady trade ahead of a rare weekend summit of the OPEC oil cartel. In afternoon trade, New York's main futures contract, light sweet...

Gold below $800 as dollar hurts commods

2007-11-14 00:00:00

NEW YORK/LONDON, Nov 13 (Reuters): Commodities tumbled yesterday, with gold slipping below the key psychological mark of $800 an ounce and crude oil and copper prices plummeting, as the dollar rebounded from recent lows. Corn, soybeans and sugar, the three...

$ rebounds from 18-month low against yen

2007-11-14 00:00:00

TOKYO, Nov 13 (AFP): The dollar rebounded from an 18- month low against the yen in Asian trade today as Tokyo voiced concern about the recent spike in the value of the Japanese currency, dealers said. They said traders were...

Saudi oil minister dismisses OPEC supply increase

2007-11-14 00:00:00

LONDON, Nov 13 (Reuters): OPEC members will not announce an increase in oil production at this weekend's Riyadh summit, Saudi Arabia's oil minister said today, suggesting oil prices are likely to stay around $100 a barrel. In an interview with...

Cotton prices remain unchanged in Pakistan

2007-11-14 00:00:00

KARACHI: The weekend Lint prices remained unchanged after phutti's arrival at brisk pace, the KCA sources said here Monday, according to Internet. The sources said that the spinners and the millers continued buying at brisk pace which forced the prices...

India floats tender to import 0.35m tonnes wheat

2007-11-14 00:00:00

NEW DELHI, Nov 13 (PTI): In the midst of a controversy over import of wheat at higher prices, the government yesterday floated a global tender to buy up to 0 35 million tonnes of the foodgrain from overseas market to...

StanChart enhances cash withdrawal limit

2007-11-14 00:00:00

FE ReportStandard Chartered (StanChart) Bank has recently enhanced the daily ATM cash withdrawal limit of all debit cards to Tk 50,000 which will add a new dimension to the customers' banking experience. The change is brought as part of the...

BRAC Bank opens branch at Shyamoli

2007-11-14 00:00:00

FE ReportBRAC Bank Limited inaugurated its new branch at Shyamoli and re-located its branch at Gulshan in the city recently.BRAC Bank Chairman Fazle Hasan Abed inaugurated the Shyamoli branch and the new premises of the Gulshan branch. Managing Director-cum-CEO Imran...

BKB Savings Fortnight begins

2007-11-14 00:00:00

FE ReportBangladesh Krishi Bank (BKB) has undertaken a programme styled 'Savings' Fortnight-2007' to be observed from November 13-29 with a view to strengthening the financial base of the bank by motivating customers to deposit money with the BKB with improved...

ICB AMCL declares NAV of two unit funds

2007-11-14 00:00:00

FE ReportThe Asset Management Co Ltd (AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), has declared the net asset values (NAV) of its two unit funds.The total NAV of ICB AMCL Unit Fund stood at Tk 43,68,02,161.20 on the...

Consortium loan for telecom co

2007-11-14 00:00:00

FE ReportFor a long-term consortium loan agreement between Janata Bank (lead bank), Sonali Bank, Agrani Bank and Uttara Bank Ltd, and Bangladesh Telecom Ltd for a sum of Tk 365.539 million a signing ceremony was held at a city hotel...

DBBL to install ATM booth on Dhaka Club premises

2007-11-14 00:00:00

FE ReportDutch-Bangla Bank Limited (DBBL) and Dhaka Club Limited (DCL) signed an agreement recently for installation of an ATM booth on the club premises. DBBL Senior Executive Vice President and Head of IT Abul Kashem Md Shirin and DCL Secretary...

Delta Life MD Deba Prashad off to Mumbai

2007-11-14 00:00:00

FE ReportDelta Life Insurance Managing Director Das Deba Prashad has left the city for Mumbai to attend a micro insurance conference being held there from November 13 to November 15.The programme has been organised jointly by the Insurance Regulatory and...

Berger Paints opens eight Colour Bank outlets

2007-11-14 00:00:00

FE ReportBerger Paints (BD) Limited has launched a total of eight new Berger Colour Bank outlets in Dhaka and Mymensingh. Out of them, five are in Dhaka and three in Mymensingh. Managing Director of the company Masih U1 Karim formally...

Thrust on curbing price spiral

2007-11-14 00:00:00

Our CorrespondentBOGRA, Nov 13: A discussion meeting of importers, bankers, business community and other professionals of five northern districts of the country was held at Bangladesh Bank, Bogra office Monday. The main objective of the meeting was to determine method...

Otobi becomes premium partner of Medexpo 2007

2007-11-14 00:00:00

FE ReportTriune Exhibition and Event Management Services (TEEMS) and Otobi Ltd signed a memorandum of understanding (MoU) at the latter's office in the city Monday.Under the MoU, Otobi Ltd has become the premium partner of the Fifth International Medical Equipment...

Pacific Motors introduces new Bluebird Sylphy

2007-11-14 00:00:00

FE ReportPacific Motors Ltd. is proud to introduce all new Bluebird Sylphy sedan with classic beauty, high glamour and ultimate design quality. It is designed and built to satisfy even the most discerning car lover. It is available in 1.5...

Dr Shiraz joins Lab-Aid hospital

2007-11-14 00:00:00

Dr Shirazul Haque has recently joined the Lab-Aid specialised hospital as chief consultant of neurology and stroke unit. He took part in many seminars and symposia at home and abroad.More than 26 articles were published written by him in different...

Citigroup combines equity, debt markets activities

2007-11-14 00:00:00

NEW YORK, Nov 13 (Reuters): Citigroup Inc, the largest US bank, said Tuesday it is combining its equity capital markets and debt capital markets activities as part of an overhaul of its investment banking structure.

corporate watch

2007-11-14 00:00:00

CSE AGM tomorrowThe 12th annual general meeting (AGM) of CSE will be held at CSE Conference Hall, 1080 Sk. Mujib Road, Agrabad, Chittagong at 5 pm tomorrow (Thursday). Only nominated directors have been requested to be present at the AGM....