The High Court (HC) ordered the government to allow Chittagong mayor ABM Mohiuddin Chowdhury to go to Hajj, reports bdnews24.com.The HC bench of justices Syed Mahmud Hossain and Kamrul Islam at the same time ordered the mayor, who was arrested...
FE ReportThe 1st International CNG (Compressed Natural Gas) Exhibition -2008 begins today (Friday) at the city's Bangladesh-China Friendship Conference Centre to showcase CNG equipment and accessories.M. Tamim, special assistant to the Chief Adviser for energy and mineral resources, will inaugurate...
The government of India has launched a commemorative postal stamp to mark Standard Chartered's 150th anniversary, says a press release. Indian President Pratibha Patil released the stamp ceremonially at Rashtrapati Bhavan in New Delhi, the official residence of the President...
A representative delegation of Italian business house Maschio Gaspardo SpA called on Pubali Bank Ltd Managing Director-cum-CEO Helal Ahmed Chowdhury in the city recently. Egiclio Maschio led the team comprising Tatjana Nikolajewba Gegg, Stefano Paoloni and Mario Ranucci. Maschio Gaspardo...
The 16th annual general meeting (AGM) of Micro Industries Development Assistance and Services (MIDAS) was held in the city Tuesday, says a press release. The members of the company along with Managing Director Abdul Karim attended the meeting. Chairman of...
FE Report The inter-bank call money rate posted nominal gain Thursday despite withdrawal of cash through reverse repurchase agreement. The US dollar, however, remained steady against Bangladesh taka (BDT) in the inter-bank foreign exchange market due to modest supply of...
DU CorrespondentNokia, the world leader in mobile phones, will give Tk three million to the ten winners of its 'Shopno Dekhun' (don't stop dreaming) campaign to materialise their cherished dreams.The mobile company at a function at the city's National Museum...
Taiwanese company Tai Sheng Manufacturing Company Limited will set up a furniture manufacturing industry in the extension area CSD of Karnaphuli Export Processing Zone in Chittagong.This foreign-owned company will invest $32 million in setting up their plant and will produce...
The Institute of Cost and Management Accountants of Bangladesh (ICMAB) organised a lecture session on International Federation of Accountants (IFAC) and 'management accountants' at ICMAB auditorium in the city Wednesday. The visiting IFAC Technical Manager Szymon Radziszewicz presented a paper...
FE ReportThe leading mobile phone service operator Banglalink in partnership with the Eastern Bank Limited (EBL) is going to launch SME Help Line for its subscribers by the month end. The two companies have signed an agreement recently on the...
AGMsBD. Zipper: The authorities of BD. Zipper Industries have stated the 16th, 17th, 18th and 19th annual general meetings (AGMs) of the company for the years ending on June 30, 2005, 2006, 2007 and 2008 respectively will be held at...
Our CorrespondentCHITTAGONG, Nov 20: Local wholesale markets has also registered a drastic downturn in price level of almost all consumer commodities in line with the gradual decline in the price of the consumer goods in the international markets. As a...
Prime Bank Limited opened two ATM booths in the city's Mohakhali and Sat Masjid Road Monday, says a press release. Managing Director of the bank M Ehsanul Haque inaugurated the Mohakhali booth. Senior Executive Vice President Md Jasim Uddin, Executive...
Mr Reaz Islam has been made chief executive officer (CEO) and executive director (ED) of LR Global Bangladesh Asset Management Company (AMC). As CEO Mr Reaz will lead the asset management operations of the Bangladesh operation, said a press release."I...
An orientation programme on Actuarial Studies in Bangladesh was held at the seminar room of the Department of Statistics of Dhaka University Tuesday, says a press release. Bangladesh Insurance Academy and the Department of Statistics jointly organised the programme chaired...
Warid Telecom in cooperation with the country's three satellite television (TV) channels has launched a value added service to provide news services to its subscribers. Under the new service, both pre-paid and post-paid subscribers of Warid Telecom will be able...
A month-long Thai food fair, the first initiative of its kind in the country, began at the Casablanca restaurant in the city Tuesday, says a press release.Ambassador of Thailand in Bangladesh Chalermpol Thanchitt inaugurated the fair. During the fair the...
SINGAPORE, Nov 20 (AFP): Increasingly grim global economic news and the prospects for even weaker demand for energy pulled world oil prices lower today, analysts said. In afternoon trade New York's main futures contract, light sweet crude for December delivery,...
BANGKOK, Nov 20 (AFP): General Motors in Thailand will halt assembly for two months and shed 250 staff due to slow demand, a spokesman said today as its struggling parent company pleaded for a bailout in the US. Auto assembly...
ROME, Nov 20 (AFP): The UN food agency said yesterday it would need 42.6 million dollars (33.6 million euros) to carry out reforms called for by an independent review. About half the funds will be spent next year, focussing on...
TOKYO, Nov 20 (AFP): Japanese exports fell at their fastest pace in almost seven years in October as Asian demand cooled, pushing the world's second biggest economy deeper into recession, official data showed today. In an ominous sign that the...
TOKYO, Nov 20 (AFP): Isuzu Motors said today it would cut 1,400 jobs and slash domestic production by 10 per cent, the latest in a slew of layoffs by Japanese automakers to cope with the financial crisis. "With the way...
Dhaka Regency, the newest five star business hotel appointed Neena Ahmed as its head of marketing, says a press release. She began her career in 1986 with TAJ International Group of Hotels in USA and continued her career with several...
LIMA, Nov 20 (AFP): Top officials from the Asia-Pacific region were today to urge joint efforts to overcome the world economic crisis and try to breathe new life into stalled global trade talks. The trade and diplomatic officials were meeting...
MEXICO CITY, Nov 20 (Xinhua): The economies of Latin America and the Caribbean will face "a very hard year" in 2009, a United Nations Development Programme (UNDP) official said yesterday. "The main factors that will affect the economy in this...
KUALA LUMPUR, Nov 20 (PTI): Terming India an important market player in the region, Malaysia has expressed keen interest to strengthen financial ties with the country as the momentum of global business and growth shifts to Asia. A high-profile 40...
BEIJING, Nov 20 (AFP): China warned today it was facing serious unemployment problems due to the global economic crisis, amid signs it was increasingly concerned about social tensions across the country. "Currently, the employment situation is critical, and this impact...
MOSCOW, Nov 20 (AFP): Russia yesterday insisted there would be no devaluation in the ruble even though the central bank has spent billions of dollars propping up the currency. "There is no reason to devalue (the rouble) even if oil...
OTTAWA, Nov 20 (Xinhua): Canada's newly-elected Conservative government yesterday pledged to protect Canadian from the global economic downturn and suggested several measures to guide the country out of the difficult time. In an austere throne speech delivered by the Governor...
The government's revenue department netted a much higher amount of money from the individual taxpayers under the Large Taxpayers Unit (LTU) this year, mainly due to new techniques adopted to bring potential taxpayers into the net, reports UNB.The National Board...
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