JOYPURHAT, Sept 22 (BSS): Eight district branches of Sonali Bank in Joypurhat would disburse over Tk 49.60 million (4.96 crore) as agriculture and other loans during the current fiscal.The sectors that would draw the loans are: Tk 27.60 million (2.76...
FE Report Islami Bank Bangladesh Limited (IBBL) and United Exchange of Canada recently signed an agreement on instant cash service at the head office of United Exchange in Canada. IBBL Deputy Executive President and its Head of International Banking Wing...
FE Report National Bank Limited (NBL) and International Leasing and Financial Services Limited (ILFSL) signed a credit line agreement at the NBL head office in the city recently. NBL Managing Director (Current Charge) Md Abdur Rahman Sarker and ILFSL Managing...
FE ReportThe government borrowed Tk 7.00 billion (700 crore) Sunday through auctions of treasury bills. It will result in withdrawal of Tk 7.00 billion from the market in the week.The central bank conducted auctions of 28-day and 91-day bills on...
SINGAPORE, Sept 23 (Bloomberg): Asian stocks rose this week after the US Federal Reserve cut its benchmark lending rate by half a per centage point to bolster growth in the world's largest economy. Nintendo Co., the No. 1 maker of...
LONDON, Sept 23 (Bloomberg): European stocks gained this week after the Federal Reserve lowered its benchmark lending rate more than economists predicted to keep the world's largest economy growing. BHP Billiton Ltd. and BP Plc paced gains by mining and...
FE ReportMA Motalib Chowdhury has been appointed General Manger (GM) of Investment Corporation of Bangladesh (ICB). Prior to joining ICB, he was GM of Agrani Bank. He had served the ICB for 23 years in different positions. He also served...
FE ReportThe Investment Corporation of Bangladesh (ICB) announced the net asset value (NAV) of eight ICB mutual funds on the basis of market value of the portfolios as on August 31 last.The NAV of the First ICB Mutual Fund certificates...
FE ReportInternational Finance Investrnent and Commerce Bank Ltd (IFIC Bank) signed an agreement with Central Depository Bangladesh Ltd (CDBL) in the city recently.The agreement provides for the dematerialisation of IFIC Bank shares traded in the stock exchange through the central...
FE Report Niva Majumder has been promoted to the post of General Manager (GM) of Bangladesh Shilpa Rin Sangstha (BSRS). Prior to her present assignment, she was its deputy general manager.Before joining BSRS in 1978, Niva worked with the Bangladesh...
Message from CSEAll investors are requested to make their investment decision on the basis of financial strength of the companies, not on the basis of rumour.Purchase/ sale of director's sharesEastland Ins: Moazzem Hossain, one of the sponsors/directors of Eastland Insurance...
COLOMBO, Sept 23 (AFP): Sri Lanka offered Sunday to halt major military operations against Tamil separatists in exchange for peace talks following intense international censure. The military will not press ahead with a ground offensive if the Tigers agree to...
TOKYO, SEPT 23 (AP): Moderate veteran Yasuo Fukuda easily won election as president of Japan's struggling ruling party Sunday, assuring his selection as the new prime minister in a parliamentary vote later this week.Fukuda won 330 votes to former Foreign...
BAGHDAD, Sept 23 (AP): Iraqi investigators have a videotape that shows Blackwater USA guards opened fire against civilians without provocation in a shooting last week that left 11 people dead, a senior Iraqi official said Saturday. He said the case...
BAGHDAD, SEPT 23 (AP): The commander of US military forces in the Middle East does not believe current tensions with Iran will lead to war and urges for greater emphasis on dialogue and diplomacy. "This constant drum beat of conflict...
WASHINGTON, Sept 23 (AFP): The White House will ask Congress next week to approve another massive spending measure for the wars in Iraq and Afghanistan totaling nearly 200 billion dollars, The Los Angeles Times reported on its website late Saturday....
TORONTO, SEPT 23 (AP): Governments of almost 200 countries have agreed to speed the elimination of a major greenhouse gas that depletes ozone, UN and Canadian officials said, describing a deal they said was a significant step toward fighting global...
MANTECAL, SEPT 23 (AP): Hugo Chavez is driving across the plains of Venezuela, raving about a Hollywood film in which the enslaved hero rises up to challenge the emperor of Rome. "'Gladiator' - What a movie! I saw it three...
US authorities have told Germany they will not hand over 13 suspected CIA agents sought over the alleged kidnapping of a German citizen in 2003, an official said. In response, the German government has dropped its extradition demand, according to...
BAGHDAD, Sept 23 (BBC): Talabani said he was "dismayed" by the arrest by US troops Iraqi President Jalal Talabani has called for the immediate release of an Iranian official detained by US forces in the semi-autonomous Kurdish north. Talabani said...
ISLAMABAD, Sept 23 (AFP): Pakistani police detained four key opposition figures Saturday to prevent further protests against President Pervez Musharraf's re-election, police and party officials said. The men support an alliance of pro-democracy parties which has vowed to hold demonstrations...
UNITED NATIONS, SEPT 23 (AP): US Secretary of State Condoleezza Rice and Iraqi Prime Minister Nouri al-Maliki kept a polite distance as they attended a group meeting and avoided discussion of a Baghdad shootout involving guards from a US company...
UNITED NATIONS, Sept 23 (AFP): Eighteen countries meet here Sunday to review six years of efforts to spur reconstruction and good governance in Afghanistan at a time when the restive country is beset by a resurgent Taliban insurgency and soaring...
TOKYO, Sept 23 (AFP): Hospitalised Japanese Prime Minister Shinzo Abe apologised Sunday for creating a political vacuum after he abruptly announced his resignation earlier this month. Abe failed to attend a meeting of his ruling Liberal Democratic Party (LDP), which...
The business community has been demanding for long the construction of another highway linking Dhaka with Chittagong for easier and faster transportation of import and export cargoes to and from the Chittagong port, the lifeline of the country's economy. The...
Shahiduzzaman KhanIn a major policy decision, the council of advisers of the caretaker government (CG) decided recently to open the sky in the country's three international airports for three months for quick journey of foreign-bound passengers, particularly Bangladeshi expatriates, amid...
Shireen Scheik MainuddinMOVEMENTS of an earthquake magnitude in what appears to be the most serious event since the stock market crash of 1987, shook the financial markets of the developed world in mid-August, leaving most large international banks reeling. The...
Jamil Anderlini CHINA is to impose a quota on investments on the Hong Kong stock market -- which will reduce capital outflows to a fraction of the $100bn-plus forecast when its outward investment scheme was announced last month.Liu Mingkang, chairman...
ANYONE visiting public hospitals and the health complexes across the country surely knows it from the first hand experience and would question whether the availability of more doctors in the rural areas is enough to improve the public services. Another...
As usual the visiting dignitary from a western country finding no other issues "advised' the government to open outdoor politics without realizing the significance and effect of any such move. While making the 'advice,' he appears to have totally ignored...
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