YANGON, Nov 24 (Xinhua): Myanmar and India held its 9th round of consultations between foreign offices of the two countries here yesterday, agreeing to cooperate in a wide range of areas of mutual interest and promptly implement the bilateral agreements...
BANGKOK, Nov 24 (AFP): Thailand's economic growth slowed to four per cent in the third quarter of 2008, a state body said today, lower than expected amid falling tourist arrivals and the global financial crisis. Gross domestic product growth was...
LONDON, Nov 24 (AFP): British business leaders will call for urgent government help today as the country teeters on the brink of its first recession in over 15 years as a result of the global credit crunch. The annual conference...
CARACAS, Nov 24 (AFP): The Inter-American Development Bank predicted yesterday a sharp downturn for Latin America in 2009 with lower revenues and rising unemployment, and said it would redirect six billion dollars to finance production. "Latin America faces a crisis...
IPO lottery of Maksons Spinning Mills Limited was held for distribution of 80,00,000 ordinary shares of Tk 10.00 each at par totalling Tk 8,00,00,000.00 in the city Sunday, says a press release. Chairman of the company Abdul Ali and its...
GENEVA, Nov 24 (AFP): The World Trade Organisation (WTO) may hold a ministerial meeting on the Doha round next month in a bid to conclude the long-frustrated talks, an official said yesterday. "It seems highly likely that a meeting will...
ZURICH, Nov 24 (AFP): Swiss authorities said they may inject more money into UBS a month after offering the country's largest bank tens of billions of dollars in aid, according to remarks published yesterday. "We must ask the question if...
SINGAPORE, Nov 24 (AFP): Oil prices gained slightly in Asian trade today, remaining near 50 dollars a barrel as the market prepared for an expected OPEC production cut next weekend, dealers said. New York's main futures contract, light sweet crude...
FE ReportWalton has launched a special scratch card promotional campaign for the customers ahead of the Eid ul Azha.The offer will continue until December 15 at all the showrooms of the company across the country.Some lucky customers will get free...
Prime Islami Life Insurance Ltd (PILIL) held national seminar on 'Life insurance for human welfare: Islamic perspective' at BIAM auditorium in the city recently, says a press release. Firoz Ahmed, secretary of commerce, was present as chief guest at the...
TEHRAN, Nov. 24 (Xinhua): Iran's Oil Minister Gholam- Hossein Nozari said on Saturday that gasoline rationing scheme has helped the country to curb the consumption as much as 20 million liters a day, Iran's Energy and Oil Information Network (SHANA)...
The Institute of Cost and Management Accountants of Bangladesh (ICMAB) organised a two-day training on International Financial Reporting Standards (IFRS) in the city recently. The main objective of the training was to strengthen the accounting and auditing standards and practices...
SHANGHAI, Nov 24 (AFP): China National Nuclear Corp., the country's biggest nuclear reactor builder, said today it has begun building a plant in the southeast as part of the government's economic stimulus plans. The 100 billion-yuan (14.6 billion-dollar) plant in...
A five-day long training workshop on 'Productivity Management and Quality Control of Electrical Products' organised by the Institute of appropriate technology (IAT) of BUET began in the city Sunday, says a press release.Owners, managers, entrepreneurs, technologists and engineers of various...
HANOI, Nov 24 (AFP): Malaysia's Lion Industries and Vietnamese shipbuilder Vinashin have started building the country's biggest steel plant, set to cost 9.8 billion dollars, state-run Vinashin said today. The complex will be located on 1,650 hectares (4,000 acres) in...
BCI President AK Azad urged the government to patronise the entrepreneurs for setting up of more backward linkage industries, to diversify export and to develop other potential sectors to face global competition.He said this while presiding over the 22nd annual...
Pubali Bank Managing Director Helal Ahmed Chowdhury stated that the bank is capable of contributing more to industrialisation and foreign trade of the country by dint of its efficient management, accumulated deposit and adequate foreign currency reserve. He was presiding...
The Anti-Corruption Commission (ACC) has unearthed huge corruption and irregularities in the Bangladesh Telecommunications Company Limited (BTCL), previously known as Bangladesh Telegraph and Telephone Board (BTTB), reports UNB.A special team constituted to look into graft in the Ministry of Post...
FE Report The inter-bank call money rate remained unchanged Monday despite withdrawal of cash through reverse repurchase agreement (repo). The US dollar, however, posted slight gain against Bangladesh taka (BDT) in the inter-bank foreign exchange market due to increased demand...
The federal government stepped in Sunday night to bail out Citigroup, promising to protect the bank against losses on hundreds of billions of dollars worth of troubled assets.After a week in which Citi's shares plummeted 60 per cent amid mounting...
Eastern Bank Limited (EBL) principal branch at Dilkusha has been renovated with a view to providing better service and banking facilities to its clients. EBL Managing Director-cum-CEO Ali Reza Iftekhar inaugurated the renovated branch recently, says a press release. EBL...
Bangladesh Shilpa Rin Sangstha (BSRS) earned a profit (before tax) of Tk 213.60 million during fiscal year (FY)-2007-2008. The figure was disclosed at the board of directors meeting of the company in the city Sunday, said a press release.Chairman of...
Mehdi Musharraf BhuiyanIncreased price of compressed natural gas and the prevalent gas supply shortage are leaving their mark on the country's first ever "International CNG Exhibition' running in the city.Talking to FE over the outcome of the fair, a great...
HONG KONG, Nov 24 (AFP): Asian stock markets were down today amid uncertainty for the world economy despite a US government rescue pledge for global banking giant Citigroup. Investors had been cautious over the future of the ailing bank, which...
KUWAIT CITY, Nov 24: The Saudi stock market surged Monday but other markets in the Gulf fell, led by Dubai despite government assurances that the booming emirate was capable of dealing with its huge foreign debt, according to Internet.The Saudi...
Northern General Ins, Standard Ins make debut todayTrading of the shares of Northern General Insurance Company Limited and Standard Insurance Limited will start at DSE and CSE from today (Tuesday) under 'N' category. DSE Trading Code for Northern General Insurance...
COLOMBO, Nov 24 (AFP): Tamil Tiger rebels fought an intense battle with government forces advancing into their territory in northern Sri Lanka and killed at least 43 soldiers, a pro-rebel website reported Monday. Members of the Liberation Tigers of Tamil...
BAGHDAD,Nov 24 (AP): A female suicide bomber blew herself up near an entrance to the US-protected Green Zone and a bomb tore through a minibus carrying Iraqi government employees in separate attacks Monday, killing at least 20 people, Iraqi officials...
CARACAS, Nov 24 (AP): President Hugo Chavez's opponents made important gains in Venezuela's local elections, capturing the Caracas mayor's office and two of the most populous states, but his allies won a strong majority.With more than 95 per cent of...
BANGKOK, Nov 24 (AFP): A joint parliament session of elected MPs and senators was postponed Monday after thousands of anti-government demonstrators surrounded the building, house speaker Chai Chidchob said. Parliament had been due to convene at 9:30 am (0230 GMT),...
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