FE Report | 2009-02-24 00:00:00
The country's garment manufacturers go to polls today to elect their new leader for the 2009-10 term.The election of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) pits two leading garment entrepreneurs, Shahadat Hossain Kiron of Dekko group and Abdus...
Both the matches of the Citycell Metropolis 3rd Division Football League ended in draw at the Bir Shreshtho Shaheed Sepoy Mohammad Mostafa Kamal Stadium at Kamalapur in the city Monday, reports UNB.Rainbow AC played to a 1-1 draw with Govt....
LONDON, Feb 23 (AFP): Global stock markets mostly rebounded today on the back of a report that the US government was poised to take a 25 per cent to 40 per cent stake in troubled banking giant Citigroup.Equities had plunged...
NEW YORK, Feb 23 (CNN): A survey of leading economists finds them now forecasting a far deeper and more painful recession ahead in the first half of the year, but a modest pickup in the second half of 2009, followed...
ULC recommends dividend | 2009-02-24 00:00:00
The board of directors of United Leasing Company (ULC) has recommended 20 per cent cash dividend and 1B:7 stock (one bonus share for every seven shares) dividends for the year that ended on December 31, '08. The annual general meeting...
FE Report | 2009-02-24 00:00:00
The inter-bank call money rate was steady Monday despite withdrawal of cash through reverse repurchase agreement (repo). The US dollar, however, gained against Bangladesh taka (BDT) in the inter-bank foreign exchange market due to higher demand for the greenback, fund...
Moderate quake hits Sumatra | 2009-02-24 00:00:00
JAKARTA, Feb 23: A moderate 5.9-magnitude earthquake struck off Indonesia's Sumatra island Monday, seismologists said, but there was no immediate report of casualties or damage and no tsunami warning. The quake hit at 12:56 pm (0556 GMT) and was centred...
Our Correspondent | 2009-02-24 00:00:00
JESSORE, Feb 23: The farmers of Gadkhali sold different types of flowers worth over Tk 30 million on the occasion of Valentine Day.Gadkhali is the biggest wholesale market for flowers in the country. It supplies about 80 per cent of...
THAT Bangladesh is a land of huge potential has been stressed in many forums many times over. But the fact remains that the potential has been remaining untapped, in spite of all the optimism. Something is always coming in the...
Our Correspondent | 2009-02-24 00:00:00
KHULNA, Feb 23: Two officials of Khulna City Corporation (KCC) have been suspended on charge of misappropriation, negligence of duty and corruption.As per the instruction of KCC Mayor Talukder Abdul Khaleque, chief executive officer Tapan Kumar Ghosh took the punitive...
Our Correspondent | 2009-02-24 00:00:00
CHITTAGONG, Feb 23: Compliance issue has now become a very important issue in the readymade garment (RMG) sector of the country under international and domestic pressure and it has become necessary to ensure compliance in all factories of RMG industry.Former...
I love to listen to Mahela, whenever he is interviewed after matches. The way he speaks deserves appreciation.As a good leader he never tries to give excuses for failures. He takes the responsibility with courage and in good stead. He...
COLOMBO, Feb 23 (CNN): Sri Lanka's separatist Tamil rebels said today that they are ready for a ceasefire with the government, but told the United Nations in a letter that they refuse to lay down their weapons.The Tamil Tigers political...
Skyward, the frequent flyer programmed of Emirates, has been declared one of the winners of Airline Business Loyalty Awards, amounted at the publication's loyalty event in Vienna last week.Skywards won the " Loyalty Innovation Award 2009" for their Instant Upgrade...
BAGERHAT, Feb 23 (UNB): Amid growing demand for the trial of war criminals, a man here Monday filed a case against four 'rajakars' (collaborators) for killing his three family members in Rampal Upazila of the district during the liberation war...
PHUKET, (Thailand), Feb. 23 (Xinhua): Finance ministers from the ASEAN plus three countries agreed yesterday to speed up the process of operationalising the Chiang Mai Initiative Multilateralisation (CMIM), a regional foreign reserve pool in case of currency flow shortage.The agreement...
Prime Minister Sheikh Hasina Monday directed authorities concerned to ensure uninterrupted power supply to agricultural projects during the upcoming irrigation season for increasing food production, reports BSS.She issued the directive when the secretary of the ministry of power, energy and...
Speakers at a function in Rangpur Monday said that adequate sanitation facilities and supply of safe drinking water for all are must for creating a good environment and making a healthy nation, reports BSS.For this, they underscored the need for...
SEOUL, Feb 23 (AFP): The World Trade Organisation chief called today for collective discipline to stem the spread of protectionism during the global slump, citing "Buy American" provisions in the US stimulus package."If you hit imports, your exports will be...
Speakers at a seminar have demanded of the government to enact laws to establish rights of Hindu women to property and divorce, reports BSS.They also called upon male leaders of the Hindu community to muster their support for implementation of...
TEHRAN, Feb 23 (AFP): Iran will this week "pre- commission" its first nuclear power plant, which is being built by Russia in the southern city of Bushehr, local news agencies reported yesterday."In the presence of the heads of the atomic...
SEOUL, Feb 23 (Reuters): North Korea, which has warned the Korean peninsula is on the brink of war, has deployed new missiles to hit more parts of Asia and improved its ability to attack the South, a South Korean defence...
FE Report | 2009-02-24 00:00:00
BRAC Bank Limited and Katalyst recently signed a memorandum of understanding (MoU) to work together for development of the small and medium enterprises (SME).BRAC Bank Managing Director and Chief Executive Officer (CEO) AEA Muhaimen and Katalyst General Manager James Blewett...
BEIJING, Feb 23 (AFP): China's fiscal deficit is set to hit a record high this year, as the global crisis shrinks revenues while forcing the government to spend more on pump- priming, local media said.The finance ministry has foreseen a...
OUR private sector has many achievements. Governments in underdeveloped countries cannot do much because they have to struggle to meet the basic needs of the people. The government should, therefore, be more positive towards the private sector. The government should...
Salahuddin Ahmed | 2009-02-24 00:00:00
IN an increasingly interdependent world, trade and investment are crucial for every country. Like other countries, Bangladesh, too, in this contest, needs to diversify its trade and investment. Bangladesh's exports are limited to a few products or commodities, with fluctuating...
Information Secretary ATM Fazlul Karim was sent on retirement Monday, a day after he was sued for allegedly defaming the independence leader, Sheikh Mujibur Rahman, through his poetry, reports bdnews24.com.A government announcement said Monday afternoon Karim would go on retirement...
FE Report | 2009-02-24 00:00:00
Dhaka stocks closed mixed Monday with the bottom-rated Z category shares continuing to dominate the trading.Trading at the Dhaka Stock Exchange (DSE) opened with a positive note. But it went into the negative territory on profit taking around mid-session, lasting...
Engr. Khondkar Abdus Saleque | 2009-02-24 00:00:00
AIR and water are two very essential elements without which no living being can survive beyond a certain time. Nature has given us both and there are renewable sources which will probably never end. But we, human beings, through irrational...
Mr BB Saha Roy has joined the Elite Paint Group of Companies as managing director and chief executive officer (CEO), said a press release.Before joining the Elite Group, Mr Roy was the general manager (supply chain) of Berger Paints Bangladesh....
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