FE ReportThe Shinepukur Ceramics Limited (SCL) and ACI Formulations Limited (AFL) make debut today (Tuesday) in the country's both the bourses under the direct listing regulations.The two issues will be the first private companies to be traded under direct listing...
Rupali Bank will give Tk 200 million loan to Bangladesh Rural Advancement Committee (BRAC) under the bank's 'NGO Linkage Programme', says a press release.A loan disbursement agreement in this connection was signed by Rupali Bank Manager Md Amir Hamza and...
Emirates Airline produced a net profit of Dhs 284 million (US $77 million), for the first six months of its current financial year ending September 30, 2008. This is down 88 per cent compared to Dhs 2.36 billion ($643 million)...
FE ReportThe government has released Tk 1.85 billion cash subsidy to the major exporting sectors to facilitate payment of salaries and benefits to their workers before the Eid-ul Azha festival. Following the government order, the finance ministry has released the...
Citi Foundation, a philanthropic arm of Citibank NA, for the second time launched 'Citi Financial Quiz Competition 2008' programme through a press conference in the city Monday.The competition was launched with a view to promoting financial education in Bangladesh, said...
FE Report The central bank provided overdraft (OD) facilities worth US$18 million to a state-owned commercial bank (SCB) Monday for settlement of Petrobangla's outstanding gas bills with an international oil company. "We've provided the foreign currency support against the government...
Mercantile Bank Limited has recently entered into an agreement with Bangladesh Post Office (BPO) for distribution of inward foreign remittances. BPO will provide services through its 450 designated outlets under the EFT arrangement across the country. As a result, a...
Dutch-Bangla Bank Limited (DBB) opened its 57th branch consisting online banking facilities at Shahzadpur in Sirajganj Sunday, says a press release.DBBL Managing Director Md Yeasin Ali inaugurated the branch at Nur Super Market of Monirampur Bazar under Shahzadpur. Ali also...
FE ReportMohammad Yasin Ali, the incumbent executive director of the Bangladesh Bank, has been appointed member of the Securities and Exchange Commission (SEC), according to a circular issued by the Establishment Ministry Monday.He was appointed for three years on contractual...
FE Report The inter-bank call money rate remained unchanged Sunday despite withdrawal cash from the market through treasury bills. The US dollar, however, gained against Bangladesh taka (BDT) in the inter-bank foreign exchange market due to buying pressure, fund managers...
Amam Sea Food recommends no dividendThe board of directors of Amam Sea Food has recommended no dividend for the year 2007-2008. The AGM of the company will be held on December 11, '08. Other information relating to the AGM will...
BANDIPORA, India, Nov 17 (Reuters): With armed troops patrolling shuttered streets and separatist leaders locked up, Indian Kashmiris voted in a state election Monday, casting their ballots for better roads and civic amenities.It was too early to get a firm...
DIAMOND BAR, California, Nov 17 (AP): Firefighters aided by Mother Nature continued to make gains early Monday on three raging wildfires that reduced hundreds of homes to ash and cinders and forced thousands of residents to flee in Southern California.Ferocious...
BAGHDAD, Nov 17 (AFP): Followers of anti-American Shiite cleric Moqtada al-Sadr were to make a bid Monday to kill a controversial Iraq-US military pact passed by the Iraqi cabinet by trying to block it in parliament.The Sadrist movement has vigorously...
KUWAIT CITY, Nov 17 (AFP): Former US president Bill Clinton said on Sunday that his wife Hillary will be a 'great secretary of state' if president-elect Barack Obama named her to the post. "If he (Obama) decided to ask her...
KHYBER PASS, Pakistan, Nov 17 (AP): Security forces escorted container trucks and oil tankers through the Khyber Pass Monday after Pakistan reopened the route critical to transporting supplies to NATO and US troops in Afghanistan.Pakistan suspended the vehicles from the...
PALU, Indonesia, Nov 17 (AFP): A powerful 7.5-magnitude earthquake struck off the Indonesian island of Sulawesi Monday, killing four people, toppling homes and triggering tsunami warnings that sparked widespread panic. Thousands of people fled to higher ground in the middle...
Seven dead, one survivor in plane crash off Canada's west coast VANCOUVER, Canada, Nov 17: Seven people died and one man survived a plane crash Sunday on an island off Canada's rugged west coast, a rescue center spokesman said. The...
FE Report The accumulated liabilities of Bangladesh Shipping Corporation (BSC) over the last 36 years have reached Tk 2.15 billion (Tk. 214.91 crore).According to sources in the Ministry of Shipping, a statement of assets and liabilities of the state-owned shipping...
Our CorrespondentFARIDPUR, Nov 17: Plying of shallow machine driven vehicles, locally called 'nasiman', having no approval from the authorities concerned has become rampant recently on the roads and highways of Faridpur.As a result, road accidents involving these faulty vehicles are...
A memorandum of understanding (MoU) relating to bilateral cooperation between the US and Bangladesh was signed Monday to prevent illicit trafficking in nuclear and other radioactive materials, Economic Relations Division (ERD) sources said, reports BSS. ERD Secretary Musharraf Hossain Bhuiyan...
The Bangladesh Railway (BR) is going to introduce a set of service-oriented programmes for the convenience of travellers without increasing passenger and transportation fares, reports BSS.Communication Secretary Iqbal Mahmud said Monday short, long and mid-term programmes have been undertaken to...
The Aga Khan Award for Architecture organised a seminar in Dhaka Monday to present the 2007 winning projects to the professional community and architectural students in Bangladesh, says a press release.Dr Hossain Zillur Rahman, Education Adviser was the chief guest...
CHITTAGONG, Nov 17 (BSS): The Chittagong University (CU) authorities have announced the sitting arrangements of Kha unit (Arts Faculty) admission test for honours first year for the academic session 2008-2009.The test will be held at 10.30 am on November 19.According...
SAVAR, Nov 17 (UNB): At least 50 garments workers, including a manager, were injured in a clash between workers of a factory and police at Hrishipara of Hemayetput here Monday morning.Police said agitated garments workers of Abani Knitwear Textile Mills...
FE ReportThe grand finale of IUB-NCC Bank Inter-University Research Proposal Writing Competition 2008 was held in the city Saturday. The event was organised by Business Students' Society (BSS) of Independent University, Bangladesh (IUB), and sponsored by National Credit and Commerce...
CHANDPUR, Nov 17 (UNB): The body of renowned swimmer and freedom fighter Arun Kumar Nandi, who died of cardiac arrest in Kolkata Sunday at the age of 65, arrived in Bangladesh through Benapole border Monday.Sources said a 12-member delegation from...
BRAC wins Gold Award in the category of Non-government Organisations from the South Asian Federation of Accountants (SAFA), reports BSS. The award was given on the basis of improvement, transparency, accountability and governance of the published annual reports for 2007...
The BCS ICT World, an annual gala exposition of computers and its accessories, kicked off in the city Monday with a call for building a digital Bangladesh through spreading information and communication technology (ICT) facilities across the country, reports BSS.Bangladesh...
Another magnificent display from Yuvraj Singh saw India beat England by 54 runs in Indore to claim a 2-0 lead in the seven-match one-day series, reports BBC. Stuart Broad (4-55) reduced India to 29-3 but Yuvraj (118), Gautam Gambhir (70)...
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