FE ReportThe 2nd Citi Cup Golf Tournament, organised by Citibank, NA, began at Kurmitola Golf Club Thursday, said a press release.Commandant of National Defence College ATM Zahirul Alam inaugurated the two-day event. Managing Director and Citi Country Officer Mamun Rashid...
PATTAYA (Thailand), October 26 (AP): Suzann Pettersen holed a 115-yard wedge shot for eagle on the par-4 13th and birdied the 18th to maintain a two-stroke lead Friday in the Honda LPGA Thailand, her fourth straight tour round atop the...
LIVERPOOL, October 26 (AFP); Australian star Tim Cahill believes his goal-scoring return to action can provide the springboard for an Everton assault on Europe this season.Cahill (27) made his first senior appearance in almost seven months in Thursday's 3-1 victory...
PARIS, October 26 (AFP): International football's governing body, FIFA, has supported Brazil as the sole candidate for the 2014 World Cup after an inspection of potential sites, in a report released Thursday."It would be appropriate to choose Brazil as the...
Tokai Mirpur team emerged champions in the Orient Bread Tokai Kabbadi Competition, beating Tokai Stadium team by 61-44 points with three creditable lonas in the final at the Kabaddi Stadium in the city Friday, reports UNB.Tokai Khilgaon team became 3rd,...
Bangladesh Bank Governor Salehuddin Ahmed Friday allayed the fear of further hike in the rate of inflation in the coming months."I assured the IMF that the inflation would not increase, rather it might decline. The latest facts and figures do...
SINGAPORE, Oct 26: US oil prices and Brent crude rocketed to all-time highs on Friday on a record-low dollar, tensions in the Middle East and worries over energy supply shortages ahead of the northern hemisphere's winter. US crude for December...
FE Report Scottish oil company Cairn Energy has sold part of its stake of its Sangu gas field to Santos Ltd., Australia's third-biggest oil and gas producer, for US$50 million, said a report received in Dhaka Friday. The sale includes...
NEW DELHI, Oct 26: The Indian Cabinet yesterday exempted exports of superior quality non-basmati rice, priced over 425 dollar or above a tonne in global markets, from the ban it imposed a fortnight ago on exports of all varieties of...
Doulot Akter MalaThe government has started taking measures to effectively comply with suggestions made by the European Union on the quality standards of frozen foods.An inspection team from EU put forward the suggestions during its recent visit to Bangladesh.The two-member...
Jasim Uddin Haroon The government is expected to amend the 'Regulations for Working of Chittagong Port (cargo and container), 2001' soon to appoint berth operators for its jetties.Earlier in July, an integrated berth operation by private firms was introduced by...
FE ReportThe Bangladesh Bank (BB) is yet to decide its position on the proposal by the International Monetary Fund (IMF) to review the country's financial sector.The central bank does not agree with the rationale of the IMF proposal for taking...
Andrew Ward, FT Syndication ServiceWASHINGTON: An influential Democratic senator has written to Robert Zoellick, president of the World Bank, demanding reforms to make the organisation more transparent and expressing concern about its lending practices.Evan Bayh, chairman of the Senate banking...
SYLHET, Oct 26 (UNB): Law enforcing agencies did not allow Delwar Hossain to enter Sylhet city apprehending political trouble.Police said Delwar along with a number of BNP central leaders coming from Dhaka were intercepted at Lal Bazar, five kilometres from...
Apparently changing his stance, expelled BNP secretary general Abdul Mannan Bhuiyan Friday said he did never want to reform BNP or seek unity by dropping chairperson Khaleda Zia, reports UNB. "We also stated that with the permission of the chairperson,...
TANGAIL, Oct 26: At least six people, including a child and two women, were killed and 20 others injured in a tragic road accident on the Dhaka-Tangail Highway at Kurni bus stand under Mirzapur Upazila in Tangail district Friday. Of...
FE ReportHossain Enterprise CC Limited, an agro-chemical company engaged in crop protection and seed treatment, in association with Chemtura Corporation, USA has started marketing of Provax 200 WP, a globally used seed protecting fungicide, for the first time in Bangladesh.In...
Our CorrespondentSIRAJGANJ, Oct 25: The traditional weaving industry is facing extinction in the two northern district, Sirajganj and Pabna. Owners of the traditional spinning wheel are no longer able to continue with their indigenous craft, sources said. During their hey...
BANGKOK, Oct 25 (AP): Most Asian markets rose Thursday, with Hong Kong share hitting a record close on hopes of a US interest rate cut next week, and comments by US billionaire investor Warren Buffett pushing up stocks in South...
FE ReportMd Muslehuddin has been promoted to the rank of managing director (MD) of the Karnaphuli Insurance Company Limited recently.Prior to this, he was additional managing director of the company. Muslehuddin joined the erstwhile Pakistan Insurance Corporation in 1964 and...
FE ReportMohammad Rafiqul Islam has been appointed the new finance and administration manager (FAM) of Emirates in Bangladesh.Prior to this new appointment, Islam was the accounts officer of Singapore Airlines, Bangladesh for long 12 years, said a press release.He joined...
FE ReportEastern Bank Ltd (EBL) has opened an SME centre at Pedrollo Plaza on Jubilee Road at Chittagong recently.Head of SME Banking of the EBL Muklesur Rahman inaugurated the centre, said a press release.Speaking on the occasion, Rahman expressed EBL's...
LONDON, Oct 25 (AFP): European stocks rebounded strongly Thursday following a late rally by US equity prices overnight, while telecoms provided the main focus for investors. Nearing the half-way stage, London's FTSE 100 index of leading shares was up 1.11...
Prime Textile recommends 10pc dividend The board of directors of Prime Textile Limited has recommended 10 per cent cash dividend for the year 2006-2007. The annual general meeting (AGM) of the company will be held on the factory premises of...
TOKYO, Oct 25 (AFP): The Tokyo Stock Exchange signed a deal Wednesday to cooperate with Vietnam's hot-performing bourse, including through possible cross listings of stocks on the two exchanges.World stock exchange operators are increasingly linking arms to facilitate easier cross-border...
Thailand is keenly interested to cooperate with Bangladesh in constructing an Elevated Expressway in the capital to ease traffic congestion, reports UNB. Thai companies are also interested to work with Petrobangla in offshore gas exploration in Bangladesh, outgoing Thai Ambassador...
The Asset Management Company Ltd (AMCL), a subsidiary of Investment Corporaration of Bangladesh (ICB), has declared the net asset value (NAV) of its two unit funds, according to press release.The total NAV of ICB AMCL Pension Holders' unit fund stood...
FE ReportLottery for repeat public offer (RPO) of Mudaraba Perpetual Bond of the Islami Bank Bangladesh Limited (IBBL) was held Thursday at Bangladesh China Friendship Conference Centre in the city, said a press release. IBBL board of directors Chairman Abu...
Our CorrespondentCHITTAGONG, Oct 25: Chittagong WASA, through launching drives, unearthed separate incidents of evading revenue worth around Taka 0.9 million in OR Nizam Road area and West Madarbari DT Road area in the city today.According to the C'WASA sources, keeping...
Our CorrespondentNILPHAMARI, Oct 25: Largely untapped life insurance market is rapidly expanding in the northern region including Nilphamari district and life insurance is becoming a popular financial product day by day, with household earnings rising in the growing economy. Life...
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