PORTO, Portugal, Sept 16 (Reuters): European Union finance ministers and central bankers agreed Saturday to step up cooperation among themselves to improve their handling of cross-border financial crises.But a detailed solution to the tricky question of which country's money would...
The White House and Congress need to walk a fine line between assisting homeowners facing foreclosure and imposing new laws or regulations that result in fewer Americans having access to mortgages, Treasury Secretary Henry Paulson said Friday in Chicago.Virtually every...
THE HAGUE, Sept 16 (AFP): The Dutch centre-left government will present 2008 budget that predicts a surplus for the next four years, according to government documents leaked by private television channel RTL yesterday. The figures will only be officially released...
HONG KONG, Sept 16 (AFP): Asian currencies climbed against the dollar last week on anticipation of a US rate cut, but Japanese gains were capped by a domestic political crisis. JAPANESE YEN: The yen stayed firm in the past week...
KUALA LUMPUR, Sept 16 (AFP): The value of Malaysia's palm oil exports is expected to reach a record high this year thanks to strong worldwide demand fuelled by the boom in biofuels, a report said today. Plantation Industries and Commodities...
JOHANNESBURG, Sept 16 (AFP): South Africa's agriculture ministry caused a flurry of disquiet among the country's farmers this week by threatening those who mistreat their workers with land expropriation. "We are obviously disturbed by the persistent reports of abuses on...
HANOI, Sept 16 (AFP): Aircraft giants Boeing and Airbus are competing to sell their new jetliners to Vietnam while Bombardier of Canada is also fighting for a slice of the fast- growing market. Air travel is taking off in the...
COLOMBO, Sept 16 (AFP): Home to some 1.5 billion people, South Asia is paying a high price to access the Internet as service providers have been slow to deliver cheaper broadband connections, analysts say. The region has embraced telephones, mobile...
BEIJING, Sept 16 (PTI): Soft drinks giant, Coca Cola expects China, which has 37 bottling plants currently, to be its largest market, a top executive has said. "China is currently our fourth largest market, but I hope it could become...
Our CorrespondentRAJSHAHI, Sept 16: The revenue earnings from Sonamasjid land port has decreased drastically due to fall in import of fruits through this port.While visiting Sonamasjid recently, this correspondent found that fruit importers are abandoning this port and using the...
FE ReportAB Bank Ltd has recently signed an electronic fund transfer (EFT) agreement with Ria Financial Services, a US-based money transfer company. Ria Financial Services is the third largest money transfer company in the world having a network of over...
FE ReportPubali Bank Ltd (PBL) has participated in the 2nd Bangladesh Single Country Trade Fair in Jeddah of the KSA recently. Consul General of Bangladesh Consulate at Jeddah Md Ali Akber, OIC Director General and ex-foreign secretary Hemayet Uddin, ex-secretary...
FE ReportEastern Bank Ltd has launched a new loan product named "EBL Agreem" under its SME banking. Small and medium business enterprises shall be able to avail this short-term loan facility for meeting their immediate working capital needs.The special features...
THAKURGAON, Sept 16 (BSS): The district administration and the joint forces have jointly set up some toll-free markets in different places of the district to arrest hike in prices of essentials.A survey conducted to find out reasons behind the price...
FE ReportThe debut share trading of International Leasing and Financial Services Ltd (ILFSL) started off in Dhaka Stock Exchange (DSE) Ltd Sunday.A signing ceremony was held at DSE office between ILFSL and DSE for listing of the company's shares on...
FE ReportHighlighting women's access to financial services, the Research and Development (R&D) Unit of Prime Bank Ltd organised a focus group discussion at the bank's conference room in the city recently, said a press release. Representatives from different women segments...
FE ReportThe second annual general meeting (AGM) of Teletalk Bangladesh Ltd was held in the city recently. Chairman of the company Shaikh Khurshid Alam presided over the AGM.The audited financial statements for the year ended on 31 December, 2006 and...
Our CorrespondentCHITTAGONG, Sep 16: Chittagong Metropolitan Police (CMP) Commissioner Moinur Rahman Chowdhury has called upon the local business leaders to avoid using additional decorative lighting in the local markets and shopping centres during the month of Ramadan due to load-shedding....
Our CorrespondentRAJSHAHI, Sept 16: Government is being deprived of Tk 3.5 million per month in revenue as no provision has been made for loading and unloading of goods on the trains while renovating the Rajshahi railway station after demolishing the...
FE ReportWarid Telecom has expanded its network to eight more districts raising number of districts under Warid coverage to 51, said a press release.With the latest expansion, Warid Telecom has brought 80 per cent of Bangladesh under its strong network....
Our CorrespondentCHITTAGONG, Sept 16: Mostafa Group of Industries has taken an initiative to market its soybean oil in 10 litre containers to bring greater befits to the buyers of edible oil.The Director and Chief Executive of Mostafa Group of Industries...
FE ReportInterim, business conference-2007 of Green Delta Insurance Company Ltd held in the city recently. Chairman of the company Kabir H Chowdhury inaugurated the conference as the chief guest. Managing Director of the company Nasir A Choudhury presided over the...
FE ReportMinistry of Commerce has signed an agreement with the UK-based Chartered Institute of Management Accountants (CIMA) in the city recently for strengthening the capacity of the Institute of Cost and Management Accountants of Bangladesh (ICMAB) under a World Bank-financed...
FE ReportInterim, business conference-2007 of Green Delta Insurance Company Ltd held in the city recently. Chairman of the company Kabir H Chowdhury inaugurated the conference as the chief guest. Managing Director of the company Nasir A Choudhury presided over the...
FE ReportThe Premier Bank Ltd organised a workshop titled 'Outward Remittance and Reporting to Bangladesh Bank' in the city Saturday. Abu Haniff Khan, managing director (MD) of the bank, inaugurated the workshop as the chief guest at the bank's head...
MUMBAI, Sept 16 (AFP): Indian share prices could hit a record high this week if the US Federal Reserve opts to cut rates at its monetary policy meeting, dealers said Friday. For the week to September 14, the Mumbai stock...
ICB recommends 14pc dividend The board of directors of Investment Corporation of Bangladesh (ICB) has recommended 14 per cent cash dividend for the shareholders of ICB for the year 2006-2007. The annual general meeting (AGM) of the company will be...
WASHINGTON, Sept 16 (AFP): Thousands of angry protestors including the families of dead US soldiers marched in Washington Saturday demanding an end to the war in Iraq, the return of US troops, and the impeachment of President George W. Bush....
BAGHDAD, Sept 16 (AFP): At least 15 people were killed in bombings and gunbattles in Iraq on Sunday as the death toll rose to 44 in violence since the start of Ramadan, which Al-Qaeda warned would be bloody. In the...
ISLAMABAD, Sep 16 (IANS): The Election Commission of Pakistan has amended the rules governing presidential candidates to pave the way for Pervez Musharraf's re-election as president for five more years, a minister said Sunday. 'The Chief Election Commissioner (CEC) has...
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