LONDON, Sept 13 (AFP): Europe's main stock markets slid Thursday after the euro struck a record dollar high and oil prices surged above US$80 a barrel in New York, threatening company profits. London's FTSE 100 index of leading shares fell...
FE ReportRaffle draw of the Agora Mega Shopping Bonanza offer was held at Agora's Mogbazar outlet Monday.Sadia Sayeed won a laptop, the first prize of the campaign, arranged on the occasion of Agora's sixth founding anniversary. AB Siddique won the...
FE Report Prome Consumer Products (Pvt) Limited (PCPL) has launched its Prome Orange Soft Drinks powder in the local market. To mark the occasion a function was held in the city Thursday.PCPL Executive Director Md Shahjahan Miah inaugurated the function...
Grameen Mutual Fund One recommends 29pc cash dividend The Trustee of Grameen Mutual Fund One has recommended 29 per cent cash dividend for the year 2006-07. The record date is October 4, '07. There will be no price limit on...
Sarwar ZahanThe government is exploring new venues, in addition to 21 already selected, to organise trade fairs abroad aiming to promote Bangladeshi products and identify new export markets, Export Promotion Bureau (EPB) sources said.Earlier, the commerce ministry took a decision...
FE Report Director of Dhaka Chamber of Commerce and Industry (DCCI) KMH Shahidul Haque has stressed the need to pay VAT (value added tax) and income tax on time to keep records for national development. He was speaking at a...
FE ReportWalton Hi Tech Industry, one of the sister concerns of the RB Group, a local electronics, electrical and automobiles marketing company, is going to manufacture "Walton Brand " refrigerators, said company source.Using the latest high-grade machinery and the most...
FE ReportA Hong Kong-Bangladesh joint venture company, named Yester Accessories Company (BD) Ltd (YAC), will invest $9.528 million to set up a garments accessories manufacturing industry in the Adamjee Export Processing Zone.A lease agreement to this effect was signed Wednesday...
"Easy access to information and e-business is the key to the development of women entrepreneurs in Bangladesh," said a speaker at the launching ceremony of a SME Helpline Outreach Center. "In order to ensure an easy access by women SMEs...
FE ReportThe head office of MIDAS Financing Limited (MFL) and MIDAS has been shifted to "Nahar Green Summit" (2nd Floor), House # 43, Road # 16, (Old-27), Dhanmondi, Dhaka-1209, said a press release. Director of MIDAS Financing Limited Samson H...
An information booth for SMEs was inaugurated at the DCCI premises Wednesday, said a press release. Managing Director of BRAC Bank Imran Rahman inaugurated the booth. DCCI President Hossain Khaled was also present.A documentary on BRAC Bank was presented at...
THE Bangladesh economy, which is yet to fully grow out of its pre-capitalistic trappings, lacks many of the market fundamentals. In consequence, most of the business organisations here are not willing to go public. The reasons behind this are many....
Syed Mujtaba QuaderON both counts we Bangladeshis fall far behind. No money or investment is required to attain this; all that is required is the cultivation of a state of mind. With the growth of multifaceted NGOs like BRAC, ASA...
Nighat SultanaRECOMMENDATIONS came from the conference to the government to ensure the birth certificates of bridegrooms and brides during the marriage registration. The suggested minimum age of marriage as proposed for men is 23 and brides must be 18 years...
Mujibul HaqueTHE present government is under a pressure, understandably, to increase the supply of power in any way it can . But it is also true that no government under the present situation in Bangladesh can work miracles through establishment...
THE proper functioning of existing businesses and creation of new ones are also the bread and butter issues of people. This is because the thriving of businesses means not only businessmen earning profits and their well-being, the full functioning of...
THE entry of some new private sector entities into the market for offering fixed-line telephone service in Dhaka and adjoining cities will, as we hope, lead to more competitive operation in the country's telecom sector. We welcome the government decision...
Tom Engelhardt The former Cockney flower-girl turned elegant-English-speaker Eliza Doolittle caught something of our moment in these lyrics from My Fair Lady: "Oh, words, words, words, I'm so sick of words.... Is that all you blighters can do?" Of course,...
Eric Martin and Daniel HauckUS. investors are returning from summer vacation to the cheapest stock market in almost 12 years, and some of the biggest fund managers say they're ready to load up on shares of technology, energy and industrial...
Stephen LeahyMany new medical technologies to improve the lives of people in the global South fail to be adopted not because of the costs but because of ethical, social and cultural issues, a new study reveals.These issues include community and...
NEW YORK, Sept 13 (Agencies): Mortgage applications rose for a second straight week, fuelled by demand for home loans as interest rates sank to their lowest since May, an industry group's figures showed Wednesday.The Mortgage Bankers Association said its seasonally...
BEIJING, Sept 13 (AFP): China's industrial output eased during August in a sign that efforts to curb growth were kicking in, official data showed today, but the government was expected to continue its tightening policies. Production at plants and factories...
WASHINGTON, Sept 13 (PTI): Global warming could send world agriculture into serious decline within this century, and the hardest hit will be developing countries like India and most of Africa and Latin America, a new study suggests. Developing countries, many...
BANGKOK, Sept 13 (AFP): Thailand's consumer confidence index hit a fresh five-year low in August on concerns about the strong Thai baht, joblessness and high fuel prices, researchers said today. Although political concerns eased last month, worries about the economy...
NEW DELHI, Sept 13 (Xinhua): Bulgaria yesterday called for greater business cooperation with India, with whom its trade stands at 75 million US dollars currently. "We are back. You are welcome," Bulgarian Prime Minister Sergei Stanishev told leading businessmen of...
DUBAI, Sep 13 (PTI): There is growing concern in Saudi Arabia about the price hike in Indian Basmati rice by nearly 60 per cent, but Indian officials said the rise in prices is largely market-driven. The 60 per cent hike...
WELLINGTON, Sept 13 (AFP): New Zealand's central bank kept interest rates on hold today following four successive rises, citing the recent turmoil in global financial markets. Reserve Bank of New Zealand Governor Alan Bollard said the official cash rate would...
KATHMANDU, Sept 13 (Xinhua): India has banned the import of agricultural products from Nepal, the National News Agency (RSS) reported today. Director general of the Foreign Trade Office informed the Nepali Mechi Customs Office yesterday about the ban. According to...
JAKARTA, Sept 13 (AFP): Southeast Asian nations are gearing up for a palm oil boom as interest in biofuels soars, but activists warn the crop may not satisfy a global thirst for energy that is both clean and green. They...
FE ReportThere was a strong demand in the week's sale from all sections of the market. Blenders/Pcketeers were quite active along with more interest from Pakistan. Loose tea buyers lent a fair support. As a result, prices were higher with...
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