FE ReportTwo small and medium enterprise (SME) service centres of Islami Bank Bangladsesh Limited (IBBL) were inaugurated at Bandura of Nawabganj and Dakbangla Bazar of Jhenaidah recently. Nawabganj Upazila Nirbahi Officer (UNO) Md Jillur Rahman Chowdhury and Jhenaidah Additional Deputy...
Infrastructure Development Company Limited (IDCOL), a state-run non-bank financial institution, Sunday paid a dividend of Tk 40 million (4.0 crore) to the national exchequer for the fiscal year 2007-08, reports UNB.Economic Relations Division (ERD) Secretary Mohammed Mosharraf Hossain Bhuiyan handed...
WASHINGTON, Dec 11 (AFP): The World Bank announced yesterday the creation of a two-billion dollar fast-track lending programme to help the world's poorest countries weather the global financial crisis. The bank's executive board approved Tuesday the creation of the lending...
WASHINGTON, Dec 11 (AFP): US lawmakers cleared a hurdle yesterday over a 15-billion-dollar bailout of the troubled auto sector as corporate and economic news from around the world pointed to hard times. Job cuts, bankruptcy fears and faltering Chinese exports...
FE Report Business review meeting of Dhaka Bank Limited (DBL) was held at its boardroom in the city recently, said a press release. DBL Chairman Altaf Hossain Sarker inaugurated the programme as the chief guest. Chaired by DBL Managing Director...
Dutch-Bangla Bank Limited has been adjudged winner of 8th ICAB National Award for the Best Published Accounts and Reports in the Financial Sector (Banking) category for the year 2007. DBBL Additional Managing Director AHM Nazmul Quadir received the award from...
FE Report Bank Asia Limited provided higher studies scholarships to 17 meritorious students of Tarail Upazila of Kishoreganj district recently as a part of its corporate social responsibility, said a press release. Bank Asia President and Managing Director Syed Anisul...
NEW YORK, Dec 11 (Reuters): United States (US) stock futures were little changed Thursday due to caution ahead of a likely vote in the Senate on the rescue package for US automakers.The proposal, providing up to $14 billion in loans...
Ahmed Abou Doma has been appointed chief executive officer (CEO) of Banglalink effective from January 2, 2009, says a press release. Mr. Abou Doma currently is the marketing director of Egyptian Company for Mobile Services 'Mobinil' that he had held...
FE ReportSouth Asian Federation of Accountants (SAFA) has recently announced the Best Presented Accounts Award 2007. Singer Bangladesh Limited, one of the leading retailing and manufacturing companies engaged in consumer electronics, household appliances and cables was awarded the 'Best Presented...
BEIJING, Dec 11 (AFP): China's top leaders ended the most important economic policy gathering of the year yesterday, focusing on how to stimulate demand and create jobs in 2009 to ward off the global economic crisis. The annual Central Economic...
Citi has been awarded Best Cash Management Bank in Asia for 2008 by FinanceAsia. 2008 marks the third consecutive year Citi has won the award. Citi has also won the award eleven out of twelve years.Citi was also awarded Best...
Nokia Siemens Networks continues to execute on its strategy of building the industry's most innovative and cost-effective WiMax platform based on a flat architecture so that operators can deploy the most advanced infrastructure available, says a press release.The company has...
NEW DELHI, Dec 11 (Agencies): India's top law enforcement official Thursday said suspicion points "unmistakably" to a Pakistani link to the Mumbai terrorist attacks.India's Home Minister Palaniappan Chidambaram has continued to suggest Pakistani involvement in Mumbai.India's Home Minister Palaniappan Chidambaram...
TEHRAN, Dec 11 (AFP): Iran has summoned the French envoy to Tehran to protest at critical comments by President Nicolas Sarkozy about his counterpart Mahmoud Ahmadinejad, state television reported Thursday. Sarkozy, whose government has taken a tough stance against Tehran...
OTTAWA, Dec 11 (Reuters): Newly minted Canadian Liberal leader Michael Ignatieff warned Prime Minister Stephen Harper Wednesday he is prepared to topple the minority Conservative government but he also opened the door to compromise.Ignatieff said he was willing to form...
Rwanda and the Democratic Republic of Congo have both been directly helping rebels fighting in eastern DR Congo, according to a draft report for the UN, report agencies.Rwanda is accused of supplying aid and child soldiers to Tutsi rebels. Rwanda...
Long-term use of a class of drugs for type 2 diabetes doubles a woman's risk of breaking a bone, research suggests, reports BBC.Thiazolidinediones, including rosiglitazone and pioglitzone, had already been linked to a raised risk of fractures, as well as...
COLOMBO, Dec 11 (AFP): Sri Lanka's Tamil Tigers say they have killed at least 90 government soldiers while beating back an army advance towards their northern political capital, a pro-rebel website said Thursday. Heavy fighting outside the town of Kilinochchi,...
The UN Security Council has added four leaders of a Pakistani group to a list of people facing sanctions for links with al-Qaeda and the Taleban, reports BBC.The leaders belong to the militant Lashkar-e-Taiba group which has been blamed for...
Separatist rebels have broken into a jail in India's north-eastern state of Assam and freed three of their jailed comrades, officials have said, reports BBC.The rebels belong to the "Black Widow" group that is fighting for an independent homeland for...
New proposals for compromise plan on climate change at EU summit BRUSSELS, Dec 11(AFP): Poland was set to benefit from a new compromise plan on climate change, AFP learned late Wednesday, hours before EU leaders were set to begin two...
Andrew Strauss hit a superb 123 but England collapsed from 164-1 to close day one of the first Test on 229-5 as India came roaring back in Chennai, BBC reports. Strauss, who put on 118 for the first wicket with...
The changes made by New Zealand's new coach, Andy Moles, in the wake of the batting disasters in Australia ensured the team held the edge over West Indies on a truncated opening day at the University Oval. His decision to...
Arsenal boss Arsene Wenger admitted his side were second best after their 2-0 defeat at FC Porto cost them top spot in Champions League Group G, reports BBC. "We lost the match and came second. Porto were stronger than us,"...
Manchester United were held to a draw by Aalborg at Old Trafford - but still topped their Champions League group, reports BBC. Carlos Tevez gave United the lead after three minutes when he slid in a perfect pass from Ryan...
Ajantha Mendis, the Sri Lankan spinner, will miss the two-Test series in Bangladesh, which begins on December 26, after injuring his ankle while bowling for Army SC in his first match of the domestic season against Tamil Union last weekend....
KARACHI, Dec 11 (Reuters) : Pakistan Cricket Board (PCB) chairman Ejaz Butt was given government clearance Thursday to visit India in what is seen as a desperate bid to salvage the Test series between the countries scheduled to start on...
KINGSTON, Dec 11(AFP): Olympic double sprint champion Usain Bolt expects fellow Jamaican Asafa Powell and American Tyson Gay to mount major challenges in 2009 but vows he is ready to keep either from taking charge. Gay, the 2007 double world...
Bangladesh Cricket Board (BCB) has arranged an exhibition cricket match on December 16 at Dhanmondi Cricket Stadium on the occasion of the Victory Day, reports UNB. Shaheed Jewel XI will play Shaheed Mustaque XI in the match, a regular event...
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