FE Report Twenty-four directors have been elected uncontested from three separate categories in Chittagong Chamber of Commerce and Industry (CCCI) for 2009-2010. Their tenure is likely to commence from December 14 next. The uncontested directors are MA Latif, Md Abdul...
FE ReportBangladesh Telecommunication Regulatory Commission (BTRC) has given the BWA services licence to Banglalion Communications Limited (BCL). BCL Chairman Major (Retd) Abdul Mannan, Bangladesh Finance and Investment Company Limited (BD Finance) Managing Director GM Salehuddin Ahmed and City General Insurance...
FE ReportBank Asia Limited (BAL) held its fifth extraordinary general meeting (EGM) at the City Grand Hall of Bashundhara City Saturday, said a press release. Bank Asia Chairman Anisur Rahman Sinha presided over the meeting. Also present at the EGM...
IFIC Bank Ltd held a daylong workshop on 'Basel-II Accord' at its academy in Motijheel area in the city. A total number of 40 executives and officers from different branches and head office attended the workshop, says a press release.IFIC...
Sarwar Zahan US dollar maintained its stronghold against Bangladesh taka (BDT) in the inter-bank foreign exchange market last week due to high demand for the greenback, fund managers said. The market experienced buying pressure, as most banks preferred to buy...
FE ReportSocial and economic progress can not be sustainable unless development is pursued with full attention to safety at work. This was unanimously agreed by hundreds of policy makers, planners, senior company executives and professionals from several countries of the...
FE Report ICB Asset Management Company Limited (AMCL), a subsidiary of ICB, announced Total Net Asset Value (NAV) of its two unit funds in the city recently, said a press release. The total NAV of ICB AMCL Pension Holders' Unit...
AMMAN, Nov 22 (DPA) Arab stock markets continued their downward journey this week, with financial analysts Friday citing unjustified "panic and psychological pressures" from the turmoil on global markets.According to a report by the Kuwait-based Global International Investments House released...
NEW YORK, Nov 22 (AFP): Wall Street staged a stunning late rebound Friday in another tumultuous day for global markets that saw heavy losses in Europe amid growing concerns over a grim global economic outlook. US markets had been wobbling...
The Premier Bank Limited organised a two-day workshop on 'Submission of Returns and Statements Relating to Foreign Exchange and Reporting to Bangladesh Bank' in the city recently. Additional Managing Director of the bank Md Mokhlesur Rahman inaugurated the workshop as...
FE Report Dutch-Bangla Bank Limited (DBBL) opened its 58th branch at Beani Bazar in Sylhet recently with on-line banking facilities from the very beginning of the branch, said a press release. Managing Director of the bank Md Yeasin Ali inaugurated...
The valediction of a foundation training course organised by the Bangladesh Krishi Bank (BKB) was held in the city recently.The bank organised the course for its newly-recruited probationary officers, said a press release.Chairman of the board of directors of the...
MUMBAI, Nov 22 (AFP): Indian shares are likely to remain choppy next week, tracking global markets, with investors hoping the central bank will lower rates further as inflationary pressures ease, dealers said. Reports that Citigroup is mulling auctioning off all...
LONDON, Nov 22 (AFP): Oil prices collapsed this week to under 50 dollars, their lowest levels in almost four years, as the market focussed on the threat of a global recession and tumbling energy demand. Base metals aluminium and copper...
Speakers, at a workshop on marker-assisted breeding, highlighted the importance of human resource development for the use of advanced technology like marker-assisted selection breeding for the development of rice varieties especially suitable for adverse conditions like salinity, flash flood, cold...
TOKYO, Nov 22 (AFP): Mitsubishi Motors Corp. will join other major Japanese carmakers in making further cuts to production and jobs to cope with the global economic downturn, press reports said today. The number-four Japanese carmaker is considering reducing its...
SAO PAULO, Nov 22 (AFP): Brazilian President Luiz Inacio Lula da Silva yesterday demanded an end to protectionist barriers on ethanol and biodiesel trade as the first international conference on biofuels wrapped up here. "We hope that the growth of...
National Bank Limited (NBL) disbursed small and medium enterprise (SME) loan through its Gaibandha branch recently, says a press release.The bank has taken the step to help alleviate Monga and poverty of the area by creating long-time employment opportunities for...
MOSCOW, Nov 22 (AFP): Russian state-controlled gas giant Gazprom will cut off gas deliveries to Ukraine as of January 1 unless the countries agree on a new contract, a company spokesman was quoted as saying today. "We would like to...
NEW YORK, Nov 22 (AFP): Members of General Motors' board of directors are willing to consider "all options" for the ailing auto maker, including filing for bankruptcy protection, The Wall Street Journal reported on its website late yesterday. Citing unnamed...
LIMA, Nov 22 (AFP): Asia-Pacific economies are stepping up pressure on an upcoming meeting in Geneva to break the deadlock in global trade talks as financial turmoil blunts economic growth. Senior officials from key members of the World Trade Organisation...
FRANKFURT, Nov 22 (AFP): European Central Bank (ECB) president Jean-Claude Trichet called yesterday for the International Monetary Fund (IMF) to play a greater role in resolving the global financial and economic crisis. Trichet told the Frankfurt European Banking Congress that...
LIMA, Nov 22 (Reuters): Chinese President Hu Jintao said Friday that China will take a responsible attitude and enhance cooperation with other countries to confront the global economic crisis.China supports a gradual diversification of the international monetary system, Hu said...
WASHINGTON, Nov 22 (AFP): The economic team of US president-elect Barack Obama came into view yesterday as fears mounted on the global financial crisis and more mass job cuts loomed worldwide. Reports said Obama was set to appoint New York...
WASHINGTON, Nov 22 (AFP): The International Monetary Fund (IMF) is "ready to rapidly assist" Latvia deal with its economic crisis, in close cooperation with the European Union, IMF chief Dominique Strauss-Kahn said yesterday in a statement. "I have informed the...
WASHINGTON, Nov 22 (Xinhua): Seif al-Islam Gadhafi, son of Libya's leader Moammar Gadhafi, has said that Libya wants to invest in the United States, the Associated Press reported yesterday. In an exclusive interview with the news agency, Seif said that...
MEXICO CITY, Nov 22 (Reuters): Economic growth in Mexico cooled to its weakest pace in five years in the third quarter, hurt by weaker US demand for exports and a drop in oil production, the national statistics agency said Friday.The...
COLOMBO, Nov 22 (AFP): Sri Lanka's trade deficit narrowed during the nine months to September, as a slowdown in the global economy hurt export sales, official data showed today. The nation's trade deficit from January to September widened 88.1 per...
LIMA, Nov 21 (AFP): Japan and Peru signed today a treaty to encourage investment and agreed to consider starting talks on a broader free-trade accord. Japanese Prime Minister Taro Aso inked the deal ahead of this year's Asia-Pacific Economic Cooperation...
The Ministry of Information Saturday refuted the report published in a national daily in the Friday's issue and said the ministry has made many epoch-making achievements during the tenure of the present government, reports BSS.A spokesman of the information ministry...
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