BEIJING, Oct 1 (Xinhua): The Beijing government has finally decided to cut subway fares by about 30 per cent amid efforts to boost public transport, ease road congestion and improve air quality ahead of the Olympics. A single pricing system...
FE ReportIDLC Finance Limited (IDLC), a joint-venture multi-product financial institution and one of the premier and largest home loan providers in the country, signed a participation agreement with Bangladesh Bank (BB) recently.Under the deal, the IDLC will extend home loan...
FE ReportICB Securities Trading Company Limited approved 40 per cent dividend for its shareholders for 2006-2007 out of net profit of Tk 30 million (3.00 crore) at the 7th annual general meeting (AGM).The AGM was held in the city Sunday...
Our CorrespondentBRAHMANBARIA, Oct 01: The district town is in grip of Eid and Durga Puja shopping fever as the traditional market places are bustling with shoppers from all walks of life, sources said.Market sources said gathering of people for shopping...
FE Report British High Commissioner in Bangladesh Anwar Choudhury inaugurated the first shipment of Square manufactured pharmaceuticals for United Kingdom (UK) by receiving a token pack of products being shipped to UK from Square Group Chairman Samson H Chowdhury. The...
FE ReportKarnaphuli Fertiliser Company (KAFCO) Limited earned a post-tax net profit of $79.8 million reflecting higher fertiliser prices in the global market and an excellent performance of company plants comparable to the best in the region.This was disclosed at the...
FE Report British Airways recently unveiled new uniform, designed by Indian fashion designer Rohit Bal, for its cabin crew in India and Bangladesh.The new uniform comprises of a Kurta suit and a Sherwani. This will replace the current sari. A...
Our CorrespondentRAJSHAHI, Oct 01: Speakers at a seminar warned about the harmful effects of GM (genetically modified) seeds. They said the use of GM seeds would bring a catastrophe in the entire agriculture arena of the country, sources said.The seminar...
Our CorrespondentSIRAJGANJ, Oct 01: The handloom industry in Sirajganj district is now in dire straits because of smuggled Indian cloths, sources said.Dearth of capital, high price of raw materials and absence of loan facilities, natural calamities, extortion and lack of...
FE ReportFormer president of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Annisul Huq urged all concerned to work together for maintaining the steep growth of the country's apparel export.He was speaking at an Iftar party hosted by the Bangladesh...
FE ReportQatar Airways launched its flight to the central Indian city of Nagpur from the September 24, marking the airline's seventh destination in India.The Civil Aviation Minister of India, Praful Patel, was among the guests at Dr. Ambedkar International Airport...
FE Report The government borrowed Tk 9.00 billion (900 crore) Sunday through auctions of treasury bills. It will result in withdrawal of Tk 9.00 billion from the market in the week.The central bank conducted auctions of 28-day, 91-day, 182-day and...
FE ReportApex Foods Limited has approved 18 per cent dividend for its shareholders for the year 2006-2007.The approval was given at the 28th annual general meeting (AGM) of the company at the National Shooting Federation in the city recently.Apex Foods...
Our CorrespondentCHITTAGONG, Oct 01: Acute water crisis in the port city has surpassed all previous magnitudes. Unabated load-shedding has aggravated the crisis, sources said.Load-shedding disrupts normal industrial production, trade and commerce as well as normal life of city-dwellers in this...
FE Report A discussion meeting and Iftar Mahil organised by Islami Bank Bangladesh Limited (IBBL) was held at a city hotel Saturday. Secretary of Ministry of Foreign Affairs Tauhid Hossain attended the function as the chief guest. Chaired by IBBL...
FE ReportApex Spinning and Knitting Mills Limited has approved 20 per cent dividend for its shareholders for the year 2006-2007.The approval was given at the 16th annual general meeting (AGM) of the company at the National Shooting Federation in the...
SQ Group, country's largest supplier of sweaters to high street retailers, and Quantum Clothing Group Limited, a renowned garment manufacturer based in the United Kingdom, have recently formed a joint venture to produce world-class shirt and lingerie.This new Bangladesh based...
CHITTAGONG, Oct 1 (UNB): Some 7,069 people whitened their undisclosed income of Tk 6.68 billion (668 crore) in Chittagong during the four-month tax amnesty that ended Sunday (September 30). Meanwhile, a total of Tk 936.2 million (93.62 crore) was deposited...
M/s Goldtex Garments Ltd, a Chinese company, will invest $9.63 million for setting up a garments manufacturing industry in Dhaka Export Processing Zone (EPZ), reports UNB.In this connection, an agreement was signed between Bangladesh Export Processing Zones Authority (BEPZA) and...
Spot market tradingGrameen MF One: The shares of Grameen Mutual Fund One will be traded in the spot market from October 1 to October 3, 2007.Popular Life Ins: The shares of Popular Life Insurance Company Limited will be traded in...
Continental Insurance LimitedNature of Business : Insurance businessSubscription Open : Nov 18, 2007Subscription Close : Nov 22, 2007For Non resident : Nov 18 to Dec 1, 2007Offer Price (Tk.): 100.00Face Value (Tk.): 100.00Market lot (Share): 50Sponsors Portion (Share): 600,000Public Offer...
PESHAWAR, Oct 1 (AP): A burqa-clad suicide bomber set off a blast that killed at least 15 people Monday at a crowded police checkpoint in northwestern Pakistan, police said. The bomb, which injured 22 others, apparently was in a rickshaw...
COLOMBO, OCT 1 (AP): Clashes between army troops and Tamil Tiger rebels across Sri Lanka's restive north killed 17 of the guerrillas and two soldiers, capping a week of escalating violence between the warring sides, the military said Monday. In...
WASHINGTON, Oct 1 (AFP): The US administration has shifted strategy and is drawing up plans for possible air strikes against Iran's Revolutionary Guard instead of the country's nuclear sites, the New Yorker magazine reported Sunday. President George W. Bush has...
HASKANITA, Sudan, Oct 01 (AP): Out of ammunition, clinging to a corner of their camp as rebel forces tore the refuge apart with rocket-propelled grenades and mortar fire, African Union troops meant to safeguard Darfur became the latest victims of...
BAGRAM, Afghanistan, OCT 1 (AP): The US military has launched a new "Most Wanted" campaign offering rewards of up to US$200,000 for information leading to the capture of a dozen Taliban and al-Qaida leaders.Posters and billboards are being put up...
BAGHDAD, Oct 1 (AFP): By day Ahmed works for an Iraqi security company. By night the stocky 30-year-old fights the "American occupier" in his Baghdad neighbourhood. Ahmed admits he is a member of what the US military terms "Special Groups"-secret...
BAGHDAD, OCT 1 (AP): US and Iraqi forces killed more than 60 insurgent and militia fighters in intense battles over the weekend, with most of the casualties believed to have been al-Qaida fighters, officials said.The US military also announced the...
SAN'A, OCT 1 (AP): A volcanic explosion rocked a tiny Yemeni island in the Red Sea, spewing lava and ash hundreds of feet into the air and forcing Yemeni authorities to evacuate a military base. NATO and Yemeni ships Monday...
ISLAMABAD, OCT 1 (AP): Pakistan's Supreme Court ordered three top police and municipal officials suspended Monday over a crackdown that injured dozens of journalists and lawyers protesting President Gen. Pervez Musharraf's re-election bid, witnesses said. Judges told a government official...
© 2024 - All Rights with The Financial Express
