Mr Reaz Islam has been made chief executive officer (CEO) and executive director (ED) of LR Global Bangladesh Asset Management Company (AMC). As CEO Mr Reaz will lead the asset management operations of the Bangladesh operation, said a press release."I...
An orientation programme on Actuarial Studies in Bangladesh was held at the seminar room of the Department of Statistics of Dhaka University Tuesday, says a press release. Bangladesh Insurance Academy and the Department of Statistics jointly organised the programme chaired...
Warid Telecom in cooperation with the country's three satellite television (TV) channels has launched a value added service to provide news services to its subscribers. Under the new service, both pre-paid and post-paid subscribers of Warid Telecom will be able...
A month-long Thai food fair, the first initiative of its kind in the country, began at the Casablanca restaurant in the city Tuesday, says a press release.Ambassador of Thailand in Bangladesh Chalermpol Thanchitt inaugurated the fair. During the fair the...
SINGAPORE, Nov 20 (AFP): Increasingly grim global economic news and the prospects for even weaker demand for energy pulled world oil prices lower today, analysts said. In afternoon trade New York's main futures contract, light sweet crude for December delivery,...
BANGKOK, Nov 20 (AFP): General Motors in Thailand will halt assembly for two months and shed 250 staff due to slow demand, a spokesman said today as its struggling parent company pleaded for a bailout in the US. Auto assembly...
ROME, Nov 20 (AFP): The UN food agency said yesterday it would need 42.6 million dollars (33.6 million euros) to carry out reforms called for by an independent review. About half the funds will be spent next year, focussing on...
TOKYO, Nov 20 (AFP): Japanese exports fell at their fastest pace in almost seven years in October as Asian demand cooled, pushing the world's second biggest economy deeper into recession, official data showed today. In an ominous sign that the...
TOKYO, Nov 20 (AFP): Isuzu Motors said today it would cut 1,400 jobs and slash domestic production by 10 per cent, the latest in a slew of layoffs by Japanese automakers to cope with the financial crisis. "With the way...
Dhaka Regency, the newest five star business hotel appointed Neena Ahmed as its head of marketing, says a press release. She began her career in 1986 with TAJ International Group of Hotels in USA and continued her career with several...
LIMA, Nov 20 (AFP): Top officials from the Asia-Pacific region were today to urge joint efforts to overcome the world economic crisis and try to breathe new life into stalled global trade talks. The trade and diplomatic officials were meeting...
MEXICO CITY, Nov 20 (Xinhua): The economies of Latin America and the Caribbean will face "a very hard year" in 2009, a United Nations Development Programme (UNDP) official said yesterday. "The main factors that will affect the economy in this...
KUALA LUMPUR, Nov 20 (PTI): Terming India an important market player in the region, Malaysia has expressed keen interest to strengthen financial ties with the country as the momentum of global business and growth shifts to Asia. A high-profile 40...
BEIJING, Nov 20 (AFP): China warned today it was facing serious unemployment problems due to the global economic crisis, amid signs it was increasingly concerned about social tensions across the country. "Currently, the employment situation is critical, and this impact...
MOSCOW, Nov 20 (AFP): Russia yesterday insisted there would be no devaluation in the ruble even though the central bank has spent billions of dollars propping up the currency. "There is no reason to devalue (the rouble) even if oil...
OTTAWA, Nov 20 (Xinhua): Canada's newly-elected Conservative government yesterday pledged to protect Canadian from the global economic downturn and suggested several measures to guide the country out of the difficult time. In an austere throne speech delivered by the Governor...
The government's revenue department netted a much higher amount of money from the individual taxpayers under the Large Taxpayers Unit (LTU) this year, mainly due to new techniques adopted to bring potential taxpayers into the net, reports UNB.The National Board...
FE ReportThe recipients of micro-credit should try their best to become self-reliant financially along with alleviating poverty by utilising the borrowed money, Finance and Planning Adviser AB Mirza Azizul Islam said Thursday.Dr Mirza Azizul Islam was speaking at the prize...
FE ReportA four-day training programme on Post-Disaster Damage and Loss Assessment, jointly organised by the World Bank (WB), Global Facility on Disaster Risk Reduction (GFDRR) and the United Nations Development Programme (UNDP), concluded at the WB office in Dhaka Thursday....
Our CorrespondentFARIDPUR, Nov 20: The farmers of the Faridpur district have started cultivating winter vegetables. They have grown various kinds of vegetables seedlings such as bean, pea, radish, tomato, cauliflower, cabbage and brinjal.While visiting various parts of the district recently,...
FE Report BRAC and the MasterCard Foundation announced Wednesday a $19.6 million programme to expand financial services to the poor across Uganda, benefiting approximately two million people. The programme will provide economically-active women in Uganda with loans, training and technical...
Agriculture Adviser Dr CS Karim has expressed Bangladesh's commitment to the important work of the FAO (UN Organisation on Food and Agriculture) and its renewal process, reports UNB.He also highlighted the recent achievements of Bangladesh in increasing agriculture production to...
GOPALGANJ, Nov 20 (UNB): Police arrested 10 people, including eight madrasah teachers and students, from the district town Thursday.Police said they were informed that some people were holding a clandestine meeting at a house at Mohammadpurpara in the town.The law...
FE ReportShishu-Jubo Sangskritik Jote (SJSJ) president Poet Mosharraf Hossain questioned the legality of the albums and books brought out by a section of foreign artistes, poets and singers coming to Bangladesh on tourist visas, said a press release.He asked whether...
Md Syedur Rahman has been appointed honourary consul of the Lao People's Democratic Republic in Bangladesh with effect from May 2, 2008, said a press release. The consul will be functioning from the following address -- 586/1 (ground floor) Sheorapara,...
Siddique Islam The Bangladesh Bank (BB) has recommended preparing an action plan to create some fiscal space to respond to any downturn in economic activities and absorb external shocks arising from the current global financial crisis."Plan to accommodate, if necessary,...
BNP will go to general election but on Dec. 28, if conditions are met, Khaleda Zia announced in a televised briefing after back-to-back meetings of her party and members of the four-party alliance Thursday, reports bdnews24.com. In an immediate reaction,...
Awami League president Sheikh Hasina Thursday said that the general election should be held on December 18 with the participation of all political parties, reports UNB."Sheikh Hasina thinks the general election should be held on December 18. She also expects...
FE ReportDhaka stocks finished lower Thursday amidst the investors' worry over the uncertainty shrouding the holding of the upcoming national election.The latest political development has left the already-shaken investors unnerved, sending the market into the negative territory, analysts said.Trading at...
Shakhawat Hossain The country's import surged by nearly 40 per cent in the first two weeks of the current month showing a sign of improvement in business activities, central bank officials said Thursday.Local businessmen opened letters of credit (LCs) worth...
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