FE Today Logo

Search results for:


SingTel rings up higher Q2 profit

2007-11-08 00:00:00

SINGAPORE, Nov 7 (AFP): Singapore Telecommunications (SingTel) said today net profit in the second quarter to September rose 3.3 per cent, driven by its regional mobile business. Net profit for the period totalled 988 million Singapore dollars (686 million US),...

Oil rises to record above $98 a barrel

2007-11-08 00:00:00

SINGAPORE, Nov 7 (AP): Oil prices jumped to a trading record above $98 a barrel Wednesday amid expectations of declining US supplies and following news of an attack on a Yemeni oil pipeline. "The oil market sentiment remains bullish ......

Fish vanishing from SE Asian oceans

2007-11-08 00:00:00

SYDNEY, Nov 7 (Reuters): Southeast Asia's oceans are fast running out of fish, putting the livelihoods of up to 100 million people at risk and increasing the need for governments to support the maintenance of fish stocks, an Australian expert...

Shams Group opts for GP Business Solutions

2007-11-08 00:00:00

FE ReportGrameenPhone (GP) signed an agreement with the Shams Group to provide complete communication facilities under the GP's Business Solutions package in the city recently.Shams Group Chairman Muhammad Shams-ul Haque and GP Deputy General Manger (commercial division) Khandaker Omar Farhan...

Toyota reports 11pc jump in profit

2007-11-08 00:00:00

TOKYO, Nov 7 (AP): Japan's top automaker Toyota said Wednesday its July-September quarter profit jumped 11 per cent on solid overseas sales.Soaring gasoline prices have boosted the appeal of Toyota's hybrid Prius and fuel-efficient models, such as the Camry and...

Syndicate grips country's largest wholesale market of edible oil

2007-11-08 00:00:00

Our CorrespondentCHITTAGONG, Nov 07 : Edible oil business at Khatunganj, the largest wholesale market of the country, has fallen under the grip of slip and advance business syndicate, system. Price of edible oil is being increased gradually at an alarming...

DBBL opens 43rd branch in Ctg

2007-11-08 00:00:00

FE ReportDutch-Bangla Bank Limited (DBBL) has opened its 43rd branch at Kadamtoli (Rahat Centre, 295 DT Road), Chittagong with On-line banking facilities from the first day of operation. Managing Director of the bank Md Yeasin Ali along with Additional Managing...

GSP Finance teams up with BB to provide home loan

2007-11-08 00:00:00

FE ReportGSP Finance Co (Bangladesh) Ltd has recently signed a participation agreement with the Bangladesh Bank (BB) to extend home loan facility to borrowers of lower and middle-income classes.The loan scheme styled 'Bangladesh Bank Refinance Scheme for Housing Sector' has...

BSOA president for better service quality

2007-11-08 00:00:00

Bangladesh Supermarket Owners' Association (BSOA) President Niaz Rahim has underscored the need for enhancing quality of service of the supermarkets, says a press release.He said: "Supermarkets have to march forward with much more confidence to fulfil the commitment we had...

Bangladesh business team to partake in INTRADE Malaysia '07

2007-11-08 00:00:00

In a bid to create market access for the Bangladeshi products to Malaysia, a business delegation will take part in the INTRADE Malaysia 2007 to be held in Kuala Lumpur on November 12-15, reports UNB.The 50-member delegation comprising importers, exporters...

Int'l trade fairs to boost country's export

2007-11-08 00:00:00

FE ReportFormer director of Dhaka Chamber of Commerce and Industry (DCCI) Syed Mosharraf Hossain has stressed the need for organising international trade fairs for boosting country's exports. He was speaking as the chief guest at a workshop on 'Experience and...

Lack of policy support hinders growth of local power tower making industry

2007-11-08 00:00:00

S M JahangirThe lack of necessary policy support from the government has been impeding the growth of the local power transmission tower production units. The sector has already developed its export capacity after meeting the country's growing demand for electricity...

IBBL Officers' Kalyan Samity holds general meet, installation

2007-11-08 00:00:00

FE ReportGeneral meeting and coronation programme of the newly-elected committee of Islami Bank Officers' Kalyan Samity was held at the BCIC auditorium in the city Monday, said a press release.Chairman of the board of directors of Islami Bank Bangladesh Ltd...

Cassava can be used as an alternative to wheat

2007-11-08 00:00:00

Our CorrespondentRAJSHAHI, Nov 7: Cassava, a transformed root of cassava plant, may be successfully cultivated in Bangladesh and can be used as an alternative for wheat. In many African countries cassava a staple food.Shirina Begum, director (in charge) of Bangladesh...

Training course 'Start Your Own Business' ends

2007-11-08 00:00:00

FE ReportA five-day training course jointly organised by Micro Industries Development Assistance and Services (MIDAS) and Rotaract District Organisation 3280 Bangladesh concluded in the city recently, said a press release.The course titled 'Start Your Own Business' was designed on a...

Harun Ur Rashid Chy new AMD of AIBL

2007-11-08 00:00:00

FE ReportA.T.M. Harun-Ur-Rashid Chowdhury has joined Al-Arafah Islami Bank Ltd. (AIBL) as additional managing director (AMD) on November, 2007. Prior to his new assignment he was the deputy executive president of Islami Bank Bangladesh Ltd.ATM Harun-Ur-Rashid Chowdhury did his B.A....

Top foreign executives visit Square Pharma factory

2007-11-08 00:00:00

FE ReportTop executives of Methodist Healthcare of the USA visited the factory of Square Pharmaceutical Limited at Kaliakoir in Gazipur recently, according to a press release.The executives are Chief Executive Officer (CEO) of the Methodist Healthcare Gary Shorb and Chief...

European stocks rise

2007-11-08 00:00:00

LONDON, Nov 7 (AFP): Europe's main stock markets extended gains in morning trade Wednesday as investors tracked fresh record highs for oil prices and the euro. London's FTSE 100 index of leading companies climbed by 0.34 per cent to 6,496.90...

Alibaba.com nearly triples in Hong Kong debut

2007-11-08 00:00:00

HONG KONG, Nov 7 (AFP): Shares in Alibaba.com nearly tripled in their first day of trading in Hong Kong Tuesday, as the frantic boom in China-related stocks showed no sign of letting up. Shrugging off warnings of a stock market...

Most Asian markets rise after Wall Street gain

2007-11-08 00:00:00

BANGKOK, Nov 7 (AP): Most Asian markets rose Wednesday after Wall Street was lifted overnight by companies outside the banking, lending and housing industries. Japanese stocks, meanwhile, fell their fourth straight session.Shares advanced in Australia, China, Malaysia, New Zealand and...

Benazir ups pressure on Musharraf over emergency rule

2007-11-08 00:00:00

ISLAMABAD, Nov 7 (AFP): Former Pakistani premier Benazir Bhutto was to hold crisis talks with other opposition leaders Wednesday over the nation's state of emergency, turning the screw on President Pervez Musharraf. She flew to the capital Islamabad from her...

Iran reaches key nuclear target: Ahmadinejad

2007-11-08 00:00:00

TEHRAN, Nov 7 (AFP): Iran has built a landmark 3,000 centrifuges for uranium enrichment, President Mahmoud Ahmadinejad announced Wednesday, despite international pressure to halt its atomic work. "We have now reached 3,000 machines," a defiant Ahmadinejad told a rally in...

Myanmar rejects meeting with UN, Kyi

2007-11-08 00:00:00

YANGON, Nov 7 (AFP): Myanmar's junta has rejected a three-way meeting with UN special envoy Ibrahim Gambari and detained opposition leader Aung San Suu Kyi and refuses to bow to external pressure, state media said Wednesday. The military government also...

Afghanistan in mourning after attack kills 40

2007-11-08 00:00:00

PUL-I-KHUMRI, Nov 7 (AFP): Afghan President Hamid Karzai Wednesday declared three days of national mourning after about 40 people were killed, six of them lawmakers, in the country's deadliest suicide bombing. A mass funeral was held in the rural town...

8-limbed Indian girl has successful surgery

2007-11-08 00:00:00

BANGALORE, India, Nov 7 (Reuters): Doctors in India have successfully operated on a 2-year-old girl born with four arms, four legs and extra internal organs, doctors said Wednesday. A team of around 30 medics removed what amounted to Lakshmi Tatma's...

Floods kill 82 in Vietnam,typhoon likely at weekend

2007-11-08 00:00:00

HANOI, Nov 7 (Reuters): Dozens of people were killed in central Vietnam trying to cross streams or salvage wood in floodwaters, raising the death toll to 82 before a typhoon lands at the weekend, government reports said Wednesday. Storms and...

Turkish soldier killed in separatist attack

2007-11-08 00:00:00

ISTANBUL, Nov 7 (Reuters): A Turkish soldier was killed late Tuesday when Kurdish rebels fired on a police station in Tunceli province, security sources said Wednesday. The attack came a day after U.S. President George W. Bush told Turkish Prime...

Bomb attacks kill 4, wound 5 in Thai Muslim south

2007-11-08 00:00:00

YALA, Thailand, Nov 7 (Reuters): Suspected separatist rebels launched two bomb attacks in Thailand's rebellious Muslim south, killing four people and wounding five, including a Muslim boy, police said Wednesday. Three members of a bomb squad were killed and one...

Australia bans China-made toy after children fall ill

2007-11-08 00:00:00

SYDNEY, Nov 7 (Reuters): Australia announced a nationwide ban Wednesday on a Chinese-made toy which investigations showed contained a chemical which metabolises into a "date rape" style drug when swallowed. The ban across Australia's six states and two territories came...

Kuala Lumpur market takes a breather

2007-11-08 00:00:00

Pete Wong After the slew of incentives announced by the Malaysian government since the beginning of the year to boost the property sector, the Kuala Lumpur market has gone quiet in recent times. However, the lull is not expected to...