Kimia Sanati from TehranAn attempt to rope in the son and daughter of the Argentine revolutionary Ernesto Che Guevara to forge a parallel between Iran's Islamist revolution and the socialist revolution in Latin America through a four-day conference has ended...
A K M Nurul HudaTHE present caretaker government's taking more than the constitutionally stipulated time in holding national elections, is nothing to be worried about though the political quarters want to contradict this view in their vested interests. But surely,...
WASHINGTON: Fears that the country could slide into a recession eased in September as employers created the most jobs in four months and workers' wages grew solidly. The unemployment rate crept up to 4.7 per cent, the highest in over...
LOUDONVILLE, New York, Oct 6 (Reuters): Federal Reserve Board Governor Kevin Warsh said Friday that credit markets were on the mend after August's turmoil, but some sectors remained sickly and the Fed was wary of fallout hurting economic growth."The functioning...
WASHINGTON: Consumers have boosted their borrowing at the fastest pace in three months, turning increasingly to their credit cards to replace home equity loans as a source of ready cash.The Federal Reserve reported that consumer credit rose at an annual...
NEW YORK, Oct 6 (Reuters): Washington Mutual Inc, one of the largest US mortgage lenders, said Friday it expects a 75-per cent drop in quarterly income on losses and write-downs on mortgage loans and securities.Loan loss provisions for the third...
NEW YORK, Oct 6 (Reuters): US Airways Group Inc said Friday it expects costs per available seat mile, or unit costs, to rise faster than earlier expected as its reins in capacity.Amid concerns that a slowing US economy will dampen...
BEIJING, Oct 6 (AFP): China's largest oil producer, China National Petroleum Corp (CNPC), has agreed to invest in a joint venture oil refinery near the capital of Chad, state media reported today. A subsidiary of CNPC, the CNPC Service and...
NEW YORK, Oct 06 (AFP): A spirited rally by the dollar on the heels of astrong report on US job creation in September ran out of steam yesterday as the news was not enough to sustain investor confidence in the...
MONTREAL, Oct 6 (AFP): Canada has become the first country to notify the World Trade Organization that it has agreed to allow a Canadian company to make generic medicines for export, the world body said yesterday. "The WTO received from...
TOKYO, Oct 6 ( AFP): Japanese automaker Mitsubishi Motors plans to expand production capacity in Japan by 10 per cent to meet strong demand for exports, a report said today. It will also improve output efficiency by moving some production...
MUMBAI, Oct 6 (Bloomberg): BG Group Plc, the UK's third biggest natural-gas producer, and its partners have boosted gas output from fields off western India by 48 per cent to feed the nation's growing demand for energy. Gas output from...
MTI Consulting's global CEO Hilmy Cader arrived in the city Saturday on a short visit here, said a press release. He is expected to meet the existing corporate clientele and business leaders in Bangladesh. MTI Consulting is a fast growing...
FE Report A syndicated investment facility worth Tk 630 million for Outpace Spinning Mills Limited has been arranged by EXIM Bank Limited. EXIM Bank is the lead arranger and agent bank of the syndicated loan. Other banks of the syndication...
FE Report Mutual Trust Bank Limited (MTBL) recently signed a participation agreement with Bangladesh Bank (BB) on refinancing scheme for housing.MTBL Managing Director Kazi Md Shafiqur Rahman and BB General Manager (Agricultural Credit and Special Programmes) signed the agreement on...
FE Report The five-day long second Dhaka International Mobile Phone Fair (DIMPF) 2007will begin December 10 to give further boost to the sector. Organisers said this Saturday at a meet the press held at the conference room of the Federation...
BARISAL, Oct 6 (UNB): Expansion work of Teletalk network in the country's southern region is being hampered as the authority failed to connect electricity line to its towers due to power shortage. Local Teletalk officials said its towers erected beside...
FE Report Exhibit Clothing Limited, a British company, will set up a garments manufacturing industry with an investment of about US$ 13.255 million in the Adamjee Export Processing Zone (EPZ).In this connection, an agreement was signed between the Bangladesh Export...
FE ReportThe performance monitoring committee meeting of Agrani Bank Small Enterprises Development Project (SEDP) was held in the city recently.Finance Ministry Joint Secretary Amalendu Mukherjee chaired the meeting. Deputy Secretary (Finance Division) Bishwanath Banik, IMED Director Md Zahid Hossain, Agrani...
Our CorrespondentCHITTAGONG, Oct 06: On charge of pilfering and misuse of water and non-payment of revenue Chittagong WASA realised a sum of Taka 3.6 million as fine during the month of September last. As many as 39 residential, commercial and...
Our CorrespondentCHITTAGONG, Oct 06: One lighter vessel loaded with 1250 tonnes of cement clinker was detained along with its 13 sailors on charge of its movement on the marine route shouldering risk. The master of the vessel and the local...
Sarwar Zahan US dollar maintained its steady level with a downward bias against Bangladesh taka (BDT) last week despite higher demand for the greenback, fund managers said. The exchange rate of the greenback fluctuated between Tk 68.67 and Tk 68.71...
The retail prices of most of the essentials remained almost stable in the city markets, while the price of some items such as onion, cucumber and hilsha increased a little bit, a market report of Bangladesh Riffles (BDR) said in...
SYLHET, Oct 6 (UNB): A mobile court unearthed a fake vermicelli factory in a house in Sobhanighat area of the city and seized a huge quantity of vermicelli and other products Thursday.The mobile court, comprising the members of RAB-9 and...
FE ReportGrameenphone Limited has recently signed an agreement with Sun Pharmaceutical (Bangladesh) Limited to provide complete communication facilities under its Business Solutions package.Sun Pharmaceutical (Bangladesh) Limited Manager (Finance and Operations) Prashant Savla and Grameenphone Manager (Direct Sales) Rahat Khan signed...
SINGAPORE, Oct 6 (Bloomberg): Asian stocks gained for a third week and reached a record after former US Federal Reserve Chairman Alan Greenspan and Citigroup Inc. suggested that losses in credit markets will abate. Mizuho Financial Group Inc. and National...
FE ReportConcord Entertainment Company Ltd made some special arrangements for holiday makers on the occasion of the holy Eid ul-Fitr.Fantasy Kingdom, one of the amusement parks of Concord Entertainment, has international standard rides. There are two types of paddle-boats and...
LONDON, Oct 6 (Bloomberg): European stocks climbed for a fourth week as investors speculated that contagion from the worst US housing slump in 16 years is receding. Fortis, part of a group seeking to acquire ABN Amro Holding NV, and...
ISLAMABAD, Oct 6 (AP): Unofficial results showed Pakistan's Gen. Pervez Musharraf sweeping Saturday's presidential election, but the Supreme Court could still disqualify the military leader. The election by federal and provincial lawmakers was a one-sided affair. Opposition parties abstained or...
BAGHDAD, Oct 6 (AFP): Three US soldiers were killed Friday in two separate roadside bomb attacks in Iraq that wounded another five troops, the US military said. Two were killed and two others wounded when a device detonated during operations...
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