FE ReportA stronger demand prevailed in the sale, which saw more interest from all sections of the buyers particularly the blenders. There was also some buying on accounts of Pakistan. Prices once again appreciated and there were again only a...
DUBAI, Dec 25 (AFP): Up to 45 per cent of the construction workforce in the United Arab Emirates could be laid off, with thousands already having lost their jobs due to the global financial crisis, a report said yesterday. The...
FE ReportBangladesh Energy Companies Association (BECA) has urged the government to ease the pre-qualification criteria for installation of big power plants to ensure participation of an increasing number of local companies in bidding.The BECA sent a letter Sunday to Chief...
FE Report Handling of export and import cargoes has fallen over the past three months in the country's premier seaport of Chittagong, port officials said Wednesday.Port and shipping sources said the fall is mainly because of ongoing financial crisis in...
ICB Asset Management Company Ltd, a subsidiary of Investment Corporation of Bangladesh (ICB), announced Net Asset Value (NAV) of two of its unit funds recently, says a press release.The total NAV of ICB AMCL Unit Fund stood at Tk 90,28,61,796.16...
Emirates Airline has saved almost 10 million litres of jet fuel and 772 hours of flight time in the five years since working with Air Services Australia (ASA) to pioneer an innovative flight route planning and airspace management programme called...
AKM Elias Hussain joined National Life Insurance Company Limited as managing director (MD) with effect from December 21 last, said a press release. Before joining the insurance company, he was the additional managing director of Shandhani Life Insurance Company Limited.Elias...
FE Report The central bank has sought opinions from commercial banks to finalise the draft guidelines on Basel-II by the end of this year, officials said. The opinions were sought at a meeting held at the central bank Wednesday with...
Our CorrespondentNILPHAMARI, Dec 25: UK-based company Oasis International Transformation Ltd has planned to initiate high breed and improved quality bamboo cultivation in the northern region of the country. The company also accomplished the formalities with Bangladesh Export Processing Zone Authority...
BRAC Bank Limited has inaugurated two 'One Stop Service Centres' in Chittagong Port and Chittagong Customs House recently. Chittagong Port Authority Chairman Commodore RU Ahmed and BRAC Bank Deputy Managing Director Syed Mahbubur Rahman jointly inaugurated the service centres.Head of...
Mutual Trust Bank Ltd (MTB) opened its 35th branch at Gournadi of Barisal district recently, says a press release.Managing Director of the bank Kazi Md Shafiqur Rahman formally inaugurated the branch.Rahman highlighted the potentials of this region and said the...
Our CorrespondentCHITTAGONG, Dec 25: Availing the chance of the crisis of non-judicial stamp, a section of vendors are realising excess price of the stamps ranging from six to ten times more than the actual rate. Non-judicial stamps of Tk 150...
HONG KONG, Dec 24 (AFP): Asian stocks were mixed in reduced Christmas Eve trading today, with investors ducking out for the holidays and ever cautious over the grim outlook for the world economy, dealers said. Japanese shares fell 2.37 per...
KUALA LUMPUR, Dec 25 (Reuters): The world's top Islamic stocks, as measured by the Dow Jones market index, fell 0.08 per cent in the first three weeks of December, versus a 2.0 per cent loss for top global stocks, Dow...
DUBAI, Dec 25 (Bloomberg): Persian Gulf shares fell on speculation financial and real-estate firms will register profit declines in the fourth quarter as the region braces for an economic slowdown caused by the global financial crisis.Emaar Properties PJSC's, the region's...
Dutch-Bangla Bank Limited (DBBL) has opened its fourth Small and Medium Enterprise (SME) Service Centre at Hazi Ahsan Mansion Thana Road of Raozan in Chittagong.In this connection, an inaugural function was organised on the Centre premises. Independent Director of the...
Singer Bangladesh Limited has honoured Panchti TV Protidin Sathe Gari Jite Nin campaign winner by handing over key of brand new KIA Picanto car to its winner.Ranjit Roy of Panchagarh has won the brand new car by buying a Singer...
Siddique Islam Bangladesh will start final negotiations with two international companies early next month for signing agreements with the companies to prepare the country's credit rating.The two companies -- Moody's Singapore and Standard & Poor's International - have been selected...
Doulot Akter MalaThe revenue board has moved to devise strategies for offsetting the revenue loss in the current fiscal as the global financial crisis has caused a significant decline in import of major items including petroleum, edible oil and sugar....
JAMALPUR Dec 25 (BSS/bdnews24.com): BNP Chairperson Khaleda Zia exchanged pleasantries with farmers at Ramkrishnabari of Dhanbari Upazila in Tangail on her way to Jamalpur on an election tour Thursday.Her security team was stunned by the surprise move and by the...
Awami League (AL) president Sheikh Hasina Thursday warned that people must be given the chance to vote without fear for the candidates of their choice, report bdnews24.com and UNB. Hasina also accused her arch rival BNP-Jamaat duo of creating panic...
The caretaker government (CG) now shifts to the next elected government the matter of taking decision on the 3rd-round international bidding for gas blocks although it had invited tender, with a vigorous move to award the contracts within its tenure,...
S M JahangirThe country's farmers have made it possible again. After the record 17.5 million tonnes of "Boro' harvest in the last season, the farmers are about to reach another milestone in harvesting Aman rice this year.According to the Department...
FE ReportDhaka Metropolitan Police (DMP) commissioner has dismissed any possibility of sabotage to foil the upcoming general election. "We don't have any information about a possible act of sabotage. But highest security measures have already been taken to face any...
Police in separate drives have arrested seven activists of the outlawed militant outfit Jam'atul Mujahideen Bangladesh (JMB) along with bomb-making materials from Gaibandha Sadar and Gobindaganj upazilas. In the first raid law-enforcers arrested Rezaul Karim, a regional commander of the...
NAWABGANJ, Dec 25: Business-tycoon Noor Ali, who had sued former prime minister Sheikh Hasina in a Tk 50 million (5-crore) extortion case amid the recent anti-corruption purge, Thursday publicly begged pardon for his 'unwilling' act. "If you felt hurt for...
FHM Humayan KabirPetrobangla, the country's state-owned oil, gas and mineral corporation, is likely to start exploration work at the Dighipara coalmine early next year aiming to ascertain the actual reserve and draw up a future mine development plan, a top...
From Fazle RashidNEW YORK, Dec 25: Many American corporate giants have financing units. The General Motors (GM), the auto-makers and General Electric (GE) for instance have financing units.The General Motors after collapsing as an automaker by failing to win federal...
FE ReportThe Bangladesh Road Transport Authority (BRTA) has sent a proposal to the Central Procurement Technical Unit (CPTU) to review its tender documents for introducing online Motor Vehicle Tax (MVT) collection by January next. CPTU will submit the report this...
Bangladesh's photo-based voter list has received an "excellent rating" from an international audit team, which concluded that the list had a "high degree of accuracy" and "no 'ghost voters' were found on the 2008 photo voters list," says UNDP, reports...
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