The 18th annual general meeting (AGM) of Samata Leather Complex Ltd. was held on the factory premises at Hazaribagh in the city recently.Chairman of the company Md Munsur Ahmed presided over the meeting.Managing Director Md Habibur Rahman, directors Md Shajahan,...
TOKYO, Dec 28 (AFP): Japan's two biggest steelmakers will likely downgrade earnings for the year to March 2009 and announce a 12-per cent drop in profits, a leading Japanese business newspaper said today. Nippon Steel in October said it expected...
QUITO, Dec 27 (AFP): President Rafael Correa said Saturday he ordered Italy's Agip Oil company to halt production so Ecuador can meet OPEC's agreed output cut for the country of 40,000 barrels a day. "I have instructed the oil and...
Jasim Uddin Haroon The country's apparel sector, especially woven sub-sector, suffered to some extent in November this year as there were fewer imports of fabrics than export orders due to the ongoing financial crisis. Such fabric imports are carried out...
FE Report Mutual Trust Bank Limited (MTB) opened its 36th branch at Tongi recently, said a press release.Founder Chairman of MTB Syed Manzur Elahi formally inaugurated the branch. Director Abdur Rouf attended the inaugural ceremony as the special guest.Managing Director...
FE Report The inter-bank call money rate remained steady Sunday despite withdrawal of cash through treasury bills. The US dollar also maintained stable nerve against Bangladesh taka (BDT) in the inter-bank foreign exchange market due to moderate demand for the...
Prime Bank launched 'Prepaid Card' for Dhaka Club members recently allowing the holders to pay their bills through it.Prime Bank's Head of Retail Banking Adil Raihan and executive committee member of Dhaka Club Nazim Shafkat Choudhury signed an agreement to...
Mr. Md. Wahidur Rahman, Additional Chief Engineer assumed the charge of Chief Engineer of Local Government Engineering Department (LGED) Sunday.Mr Wahid succeeds Mr. Md. Nurul Islam, former Chief Engineer, LGED who went on LPR with effect from today (Monday).Wahidur Rahman...
Our Correspondent CHITTAGONG, Dec 28: Usmania Glass Sheet Factory Limited (UGSF) approved 60 per cent cash dividend for its shareholders for the year 2007-2008. The approval came at the 22nd annual general meeting (AGM) of the company held at its...
FE Report The Institute of Chartered Accountants of Bangladesh (ICAB) has awarded BURO Bangladesh for the Best Presented Accounts of 2007 in NGO category on the basis of evaluation of BURO's Audited Annual Report for the year 2007. The Executive...
FE ReportInternational Office Equipment (IOE), one of the leading suppliers of Electronic Cash Register (ECR) machines in Bangladesh, has launched three new models of ECR, manufactured by the world's leading producer ACLAS. All the machines are fully complied with the...
FE ReportThe government borrowed Tk 5.0 billion (500 crore) Sunday through auctions of treasury bills. It will result in withdrawal of Tk 5.0 billion from the market in the week.The central bank conducted auctions of 91-day and 364-day bills on...
The board of directors meeting of the Islami Bank Bangladesh Limited (IBBL) was held in the city recently.Chairman of the board of directors of the bank Prof Abu Nasser Muhammad Abduz Zaher presided over the meeting, said a press release....
FE Report Janata Bank Limited organised a meeting on Internal Audit Department of the bank in the city recently, said a press release.Chaired by Janata Bank Chief Executive Officer (CEO) and Managing Director SM Aminur Rahman, the meeting was attended,...
MUMBAI, Dec 28 (AFP): Indian markets are likely to edge up this week on hopes of a fresh economic stimulus package to boost growth and further rate cuts from India's central bank as inflation fell to a nine-month low. India...
Mita Textile recommends no dividend The board of directors of Mita Textile has recommended no dividend for the year 2006-2007. The annual general meeting (AGM) of the company will be held at the Council Hall, Institution of Diploma Engineers, 160/A...
GAZA, Dec 28 (Reuters): Israel destroyed Hamas's main Gaza security complex in an air strike Sunday and prepared for a possible invasion of the territory after killing more than 280 Palestinians in the first 24 hours of a powerful offensive.Israeli...
PESHAWAR, (Pakistan), Dec 28 (Reuters): Up to 26 people were killed in a bomb blast at a polling station in north-western Pakistan Sunday, during a by-election for a provincial assembly seat, police said."Twenty to 26 people have been killed. It...
People in Ghana have begun voting in the presidential run-off after the December 7 election failed to produce an outright winner, reports agencies.Nana Akufo-Addo of the governing party is facing John Atta Mills of the opposition in the battle to...
COLOMBO, Dec 28 (AFP): A Tamil Tiger suicide bomber killed seven security personnel and a civilian at a base just outside Sri Lanka's capital on Sunday as troops mounted pressure on the rebels in the north, officials said. The male...
ISLAMABAD, Dec 28 (AFP): Pakistani President Asif Ali Zardari said on Saturday that his country would act to rein in extremist groups but warned India not to dictate the terms of such action following the Mumbai attacks."We shall do it...
Rogue immune cells entering the brain may contribute to the development of Parkinson's disease, say scientists, reports BBC.A French study in diseased mice revealed the cells accumulating in brain tissue, and mice bred to lack them did not fall ill...
BANGKOK, Dec 28 (AFP): Thailand faced a fresh wave of political unrest today (Sunday) as supporters of fugitive former premier Thaksin Shinawatra prepared to rally against the new prime minister Abhisit Vejjajiva. The protests are Abhisit's first major challenge since...
Kashmir poll turnout a victory for democracySRINAGAR, Dec 28: Indian Prime Minister Manmohan Singh called the higher than expected turnout in elections in disputed Kashmir a "vote for democracy" Sunday, as early counting showed no one party dominating the polls....
FE ReportThe nation goes to polls today (Monday). More than 80 million "digitally-photographed" voters-of them an estimated 20 million are first timers-will exercise their voting rights to elect the ninth Jatiya Sangshad (JS) or parliament. The country has been under...
Chief Adviser Dr Fakhruddin Ahmed urged the electorates to cast their votes consciously and wisely and appealed to the political parties to gracefully accept the results of tomorrow's crucial general election, reports BSS."Let us get united and participate in an...
FE ReportDhaka stocks rose sharply Sunday with the benchmark index DGEN crossing the 2700-mark after five weeks on a strong buying support from the small investors, upbeat about the general polls to be held today (Monday).The market capitalisation crossed the...
The chief election commissioner ATM Shamsul Huda in a televised speech on Sunday evening assured the nation of all necessary preparations for a free and fair election on Monday and invited voters to apply their voting rights, reports bdnews24.com. "I'm...
FE ReportDhaka, a city infamous for its unbearable traffic jams and noise pollution, appeared calm with no blaring of microphones or campaign slogans last Sunday, a day before the much awaited 9th parliamentary election. Traffic on the streets was less...
TANGAIL, Dec 28 (BSS/UNB): At least 24 persons were killed and 17 injured when a rod-laden truck turned turtle and fell into a roadside ditch at the Gharinda bypass of Tangail this morning.The accident took place when the truck bearing...
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