Geoff DyerMOST Chinese consumers say they trust domestic brands more than foreign ones, according to a McKinsey survey that amounts to a stark warning for multinational companies about nationalist sentiment in China's booming market.In spite of the furore this year...
Our CorrespondentBRAHMANBARIA, Oct 31: Owners of both dairy and poultry farms here are in trouble due to acute crisis of dairy and poultry feed, sources said.Local farm owners said that although dairy and poultry farms have grown in numbers in...
BANGKOK, Oct 31 (AP): Most Asian markets rose Wednesday, although many markets just eked out gains as traders waited to see whether the US Federal Reserve will cut its key interest rate.BANGKOK: Thailand's main stock index inched up just 0.06...
FE Report A memorandum of understanding (MoU) was signed between Dhaka Bank Ltd (DBL) and Legend Car, a company engaged in the business of reconditioned vehicles, at the DBL head office in the city recently, said a press release.Under the...
FE ReportThe Computers Ltd (TCL), a partner of India-based CADD Centre, will organise a week-long course on 'Project Management with Primavera Software' in November at TCL's Dhaka and Chittagong centres. The course instructor is a Primavera-certified project management faculty from...
Hosaf Group in a statement Wednesday strongly protested some comments published in a national daily on Monday about involvement of its managing director Moazzam Hossain in awarding a contract to a Chinese company by the Petrobangla, said a press release...
Dividends Atlas Bangladesh: The board of directors of Atlas Bangladesh has recommended 125 per cent cash and 1B:4 stock dividends (one bonus share for every four existing shares) for the year 2006-2007. The annual general meeting (AGM) of the company...
MUMBAI, Oct 31 (PTI): Tata Steel, the world's sixth largest maker of the alloy, said today it has signed an initial agreement with Vietnam Steel Corporation (VSC) for setting up a cold rolling mill in the South East Asian nation.A...
NEW YORK, Oct 31 (Reuters): Citigroup Inc said Wednesday it has signed an agreement to acquire all of Nikko Cordial Corporation, Japan's third-largest brokerage, paying about US$4.6 billion for the 32 per cent it does not already own.
COMILLA, Oct 31 (BSS): Leaseholders of different 'hats' and bazars in the district have been collecting tolls from the traders and shop-owners at higher rates than the rates fixed by the government.Mandatory public displaying of toll charts in the 'hats'...
Naim-Ul-KarimThe government has prepared a list of 98 state-owned enterprises (SoEs) for privatisation, sources said.Of the SoEs, they said, 25 are from jute sector, 22 from textile sector, 27 from steel engineering and miscellaneous sector, 14 from sugar and food...
Our CorrespondentCHITTAGONG, Oct 31 People in the port city have urged the government to curb the abnormal rise in prices of essential commodities such as rice, onion, pulses, 'ata', edible oil, powder milk, flour, etc., sources said.The spiralling price level...
FE ReportBerger Paints Bangladesh Ltd (BPBL), in association with the Institute of Architects Bangladesh (IAB), hosted a prize-giving ceremony of the Berger Award for Excellence in Architecture recently. The event took place at a city hotel Monday, said a press...
FE ReportLord Adair Turner, non-executive director of Standard Chartered (StanChart) plc, arrived in Dhaka Wednesday on a three-day official visit to Bangladesh, according to a press release. During his stay, he, along with the Governor of Bangladesh Bank, Salehuddin Ahmed,...
FE ReportWestin Dhaka, country's one of the luxury hotels, will launch a nightly social event titled 'Unwind' today (Thursday) aiming to bring a refreshed mood among the guests for their night time activities."The evening ritual brings energy to the public...
YANGON, Oct 31 (AFP): About 100 Buddhist monks marched Wednesday in central Myanmar for the first time since the junta's deadly crackdown on anti-government protests last month, witnesses said. The peaceful demonstration came as officials said UN envoy Ibrahim Gambari...
ISLAMABAD, Oct 31 (AFP): Pakistani police said Wednesday that Osama bin Laden's Al-Qaeda network and the Taliban are likely linked to a suicide attack near President Pervez Musharraf's army office that killed seven people. Tuesday's blast in the garrison town...
LONDON, Oct 31 (AFP): King Abdullah of Saudi Arabia is to meet with British Prime Minister Gordon Brown Wednesday to discuss the Middle East peace process and counter-terrorism amid a state visit that has sparked protests and controversy. On the...
BAGHDAD, Oct 31 (AP): The Iraqi foreign minister said Wednesday that this weekend's regional conference in Istanbul must focus only on Iraq's security and stability, not the border crisis over Turkey's threatened incursion against Kurdish rebels. The high-level meeting Saturday...
BEIJING, Oct 31 (AFP): International efforts to halt North Korea's nuclear drive are going well, US envoy Christopher Hill said Wednesday, a day before the nation is to start disabling its atomic facilities for the first time. The reclusive communist...
WASHINGTON, Oct 31 (Reuters): Turkey will push US Secretary of State Condoleezza Rice this week to follow through on promises to help eradicate Kurdish rebels in northern Iraq but experts say the top US diplomat's hands are tied. Rice arrives...
HAVANA, Oct 31 (AFP): At least 43 people were killed in floods and landslides triggered by Tropical Storm Noel as it struck Haiti and the Dominican Republic, and tore across Cuba Wednesday. After drenching Hispaniola, an island shared by the...
KANDAHAR, Oct 31 (Reuters): Afghan and NATO-led troops killed some 20 Taliban fighters in an operation close to the main southern city of Kandahar after an insurgent move to capture the district, a police chief said Wednesday. Taliban fighters have...
MOSCOW, Oct 31 (AFP): A bomb ripped through a bus in the southern Russian city of Tolyatti Wednesday killing at least seven people, including a child, police said. The force of the blast at a road junction blew out the...
Chief Adviser Dr Fakhruddin Ahmed Wednesday said Bangladesh has done well in achieving many UN Millennium Development Goals in the health sector compared to several other countries as it gives priority to the sector, reports UNB.The Chief Adviser made the...
Our correspondentBOGRA, Oct 31: Residents of the expanded area of Bogra Pourashava were being deprived of civic benefits such as communication, health and electricity. According to a gazette notification of October 12, 2006, Bogra Pourashava has expanded nearly four times...
Our CorrespondentBRAHMANBARIA, Oct 31: Brahmanbaria Municipality Chairman Hafizur Rahman Molla Kochi said that bringing the country under the hygienic sanitation coverage by the year 2010 as planned by the present government would not only improve the standard of health care...
SYLHET, Oct 31 (UNB): Indian Border Security Force (BSF) reportedly abducted five fishermen from Kushiara river in Zakiganj Upazila Tuesday.Locals said the BSF men, on board a speedboat, abducted five fishermen at gunpoint when they were fishing in Kushiara river...
Interest income up to Tk 0.15 million against savings certificates has been exempted from tax as per the recent amendment to the Income Tax (Amendment) Ordinance 2007, reports UNB.President Iajuddin Ahmed promulgated Monday the ordinance with effect from July 1...
Seven people were killed and 10 others injured in separate road accidents in Narsingdi and Sirajganj Tuesday night and Wednesday, reports UNB.In Sirajganj, three people were killed and 10 others injured in a tragic road accident.In Narsingdi, four people, including...
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