NEW YORK, Oct 20 (BSS): A three-day fair of the Real Estate and Housing Association of Bangladesh (REHAB) began here Friday afternoon at the Altman House at Downtown Manhattan.Consul General of Bangladesh in New York M Shamsul Hoque inaugurated the...
Sarwar Zahan US dollar retained its strength against Bangladesh taka (BDT) last week as there was strong demand for the greenback, fund managers said. The exchange rate of the greenback fluctuated between Tk 68.68 and Tk 68.71 maintaining the previous...
DUBAI, Oct 20: The Dubai Chamber of Commerce and Industry (DCCI) is recommending a formal cooperation between Dubai Financial Market and Hamburg Stock Exchange, saying an agreement would help companies from both sides significantly, according to Internet."Allowing companies to be...
BANGKOK, Oct 20 (AP): Most Asian markets lost ground Friday, as record oil prices raised worries about rising transport costs and a weak dollar raised concerns about overseas earnings. Shares fell in Australia, China, Malaysia, Taiwan and South Korea. Japanese...
SAN FRANCISCO, Oct 20 (AP): Venture capitalists invested US$7.10 billion in 887 deals during the third quarter, maintaining a financial equilibrium that so far has helped prevent the latest Internet fervour from forming another dot-com bubble. The amount of venture...
Our CorrespondentNILPHAMARI, Oct 20: Sonali Bank of the district disbursed only 40 per cent of its targeted agri-loan in the last (2006-07) fiscal year. A total of 10 branches of the bank disbursed Tk 27.06 million among the farmers as...
LONDON, Oct 20 (AFP): British sportswear firm Umbro, which supplies kit for the England football team, is being targeted by US giant Nike, press reports said Friday. Umbro, which said Thursday it had been approached with a view to a...
NEW YORK, Oct 20 (Reuters): A US real estate investment trust sued HSBC Holdings' broker-dealer unit, alleging it took advantage of the credit crisis to profit at the expense of the fund. Luminent Mortgage Capital, a San Francisco firm, alleged...
Fakhrul AlamCHITTAGONG, Oct 20: With declining export orders, ready made garments (RMG) industries in Chittagong are facing serious crisis. Around 200 garments factories are now on the verge of closure, sources said.There are 690 RMG factories in Chittagong out of...
Onion prices rose by roughly 30 per cent as most of the essential commodities became more expensive Friday even though towards the end of Ramadan government intervention halted spiralling prices, reports bdnews24.com. Prices of soybean oil, onion, atta, potato, broiler...
Bangladesh and Laos Saturday agreed to strengthen cooperation in trade, investment and tourism sectors, reports UNB.The broad-based agreement came at a meeting between visiting Laotian First Vice-foreign Minister Phongsavath Boupa and Foreign Secretary Touhid Hossain at state guesthouse Padma in...
International money transfer outfit Western Union (WU) and GSM Association (GSMA) Thursday announced an agreement to facilitate cheaper homebound remittance through mobile phone by expatriate workers of the developing countries, reports bdnews24.com. They are developing a commercial and technical framework...
KHULNA, Oct 20 (UNB): Cement factories in the Khulna region are on verge of closure due to various problems.There are a total of 17 cement factories in the region. Of them, 13 are in Maowapara and four in Mongla. Of...
BRAHMANBARIA, Oct 20: Acute scarcity of some life-saving medicines in the local drug stores is seriously affecting treatment of patients, sources said.As tablets and injections of phenoberbiton, eye drops of cloramphenicol and vitamin-C tablets are not available in the local...
FE ReportPRAN-RFL Group signed export contracts worth US$ 2.5 million with two Middle Eastern companies at a function held at the VIP Lounge of the National Press Club in the city Saturday.The companies were M/S Ahmed Al Wadaani EST Trading,...
LISBON, Oct 19 (Reuters): The leaders of Britain, France and Germany said on Friday that market solutions held the key to overcoming the current turmoil on financial markets, and the EU should decide next March whether more regulation was needed....
KARACHI, Oct 20 (Agencies): Pakistani police released a photograph Saturday of a suicide bomber who killed at least 139 people, as opposition leader Benazir Bhutto worked out her next step after the bloody start to her comeback campaign.The militant threat...
TEHRAN, Oct 20 (Agencies): Chief nuclear negotiator Ali Larijani, Iran's main contact with the West over Tehran's atomic program, has resigned, the government said Saturday.President Mahmoud Ahmadinejad accepted his resignation and Saeed Jalili, deputy foreign minister for European and American...
BEIJING, Oct 20 (Agencies): Chinese President Hu Jintao is set to oust political rivals, promote allies to key posts and emerge politically stronger from a Communist Party conclave. Hu's rival-turned-ally, Vice President Zeng Qinghong, is poised to retirepresenting a boon...
ANKARA, Oct 20 (Agencies): Turkey expects the United States to take urgent action against Kurdish rebels hiding in northern Iraq, its prime minister said, in comments suggesting Ankara hopes to avoid a Turkish military operation in the region. Turkey's parliament...
QUETTA, Oct 20(AFP): At least seven people were killed and six others were injured today when a bomb exploded in south western Pakistan, police said. The blast happened as passengers were waiting at a mini-van stand in the main market...
YANGON, Oct 20 (AFP): Military-run Myanmar was under renewed pressure Saturday after the United States announced a new round of sanctions following the junta's bloody crackdown on dissent here. US President George W. Bush's new penalties targeted the country's military...
Twelve killed in India building collapse CHENNAI, (India), Oct 20: Twelve people died and eleven sustained severe injuries in southern India when an apartment building collapsed after heavy rain, police said Saturday. Three women and a boy were among those...
THE efficiency level of police does often come under scrutiny in the context of law and order situation in the country. Studies though have identified the presence of widespread corruption as the leading cause of poor performance on the part...
Shahiduzzaman KhanTHERE has been significant rise in the prices of fertiliser in the international market. As such, Bangladesh will have to spend additional amount of money to purchase it from oversees sellers. In this way, the government will have to...
John KayMICHAEL Schrage's comment on politics and science (September 26) struck a raw nerve: and provoked an extended response from the president of the UK's Royal Society. Lord Rees advocates that we should base policy on something called "the scientific...
Chris Giles CURRENCY traders were given a green light late this week to continue selling the US dollar, as the International Monetary Fund said the greenback "remains overvalued" and rejected claims the euro had risen too far.Contradicting Rodrigo Rato, the...
THE most important feature of a successful business environment is the confidence on the part of the members of the business community. This confidence can be ensured in a situation where the members of the business community can rely on...
THE prime objective of the caretaker government remains the holding of national election in accordance with the earlier announced road map to hand over power to the elected government. It is reassuring to note here that General Moeen U. Ahmed,...
A positive move has been taken in the US Congress for promoting the goals of poverty alleviation in the poor countries of the world. This move relates to the introduction of the "New Partnership for Development" Bill of 2007 in...
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