Ambassadors of nine Muslim countries Monday met BNP Chairperson Khaleda Zia ostensibly to know her mind on participation in the upcoming election, reports UNB."We want all parties take part in the polls," Palestinian Ambassador Shaher Mohammad told waiting reporters after...
FE Report The country's six cellphone operators have demanded withdrawal of the recently introduced HS code, under which the customs authority is charging duties at the rate of 44 per cent on import of telecommunication software instead of 3.0 per...
IN view of the importance that the country's readymade garments (RMG) industry does so rightly deserve in areas of policy-actions by the government, the stakeholders in the sector have now been reassured by the concerned authorities about effective supportive steps...
Shamsul Huq Zahid NO sector can function without a well-knit policy guideline and a regulatory framework. This hard truth has come to the fore again only recently following the detection of toxic melamine in some brands of powdered milk in...
Saleque SufiMr. Joyram Romesh, state minister for Power, Government of India, during his visit to Bangladesh proposed a 15 per cent equity partnership of Bangladesh in the under construction 750 MW gas-based power plant at Tripura. The proposal does also...
BANGLADESH presently has a population of over 140 million. The balance between population and food supply in this overpopulated country could be maintained so far by increasing productivity in the limited land with its high natural fertility. But this fertility...
"TWENTY-six more medicines of 8 more pharmaceutical companies found to be of low standard!" screamed the headlines.It has been found that these medicines were either of very low standard or outright adulterated. It was stated in the newspapers that not...
Abul Maal A MuhithTHE oil-rich countries will surely be affected severely by the financial debacle in the developed countries as they have substantial control over assets of many financial institutions and business enterprises in those countries. They will also be...
Air Commodore Muhammad Zakiul Islam ndu acsc (Retd)WHENEVER one hears of Poland, what is the first thing that comes to the mind? Nicholas Copernicus, Auschwitz, Warsaw Pact, Pope John Paul the II (Wojtyla), Lech Walesa , Telly Salavas of Kojak...
LONDON, Nov 10 (Reuters): Mounting economic gloom swept through Japan and several emerging nations Monday and European banks bore the scars of the worst financial crisis since the 1930s.Rating agency Fitch cut Romania's credit rating to "junk" status in one...
SAO PAULO, Nov 10 (AFP): Major wealthy and emerging nations pledged yesterday "all necessary steps" to boost sagging market confidence and to give a bigger voice to developing countries in global economic affairs. The finance ministers and central bank governors...
SAO PAULO, Nov 10 (AFP): The world financial crisis could still deal some nasty blows to emerging countries, but swift action by central banks in advanced economies meant overall "things aren't going that bad," International Monetary Fund (IMF) chief Dominique...
NEW DELHI, Nov 10 (PTI): Political problems in Thailand are unlikely to come in the way of India signing a trade-opening pact with the 10-nation South-East Asian economic bloc during the India-ASEAN summit on December 17. "If any country is...
SINGAPORE, NOV 10 (AP): Oil prices jumped to near $64 a barrel Monday in Asia as regional stock markets rallied on a massive Chinese economic stimulus plan, which could underpin demand for crude. Light, sweet crude for November delivery was...
Our CorrespondentCHITTAGONG, Nov 10: Most of the projects to develop tourism and beautify Cox's Bazar, have not been implemented. Although certain projects were began but has not been finished ultimately, concerned sources said.However, necessary initiatives have been taken recently to...
Our CorrespondentGOPALGANJ, Nov 10: The month-long 'Trade and Commerce Fair 2008' at Sheikh Kamal Stadium in Gopalganj town stirred enthusiasm among local people recently.The fair began on October 25 and will continue until November 25. Gopalganj Chamber of Commerce and...
The final phase of operations of Emirates Terminal 3 at Dubai International Airport is set to launch with the departure of Dhaka-bound flight EK 584 today (Tuesday).This fourth and final phase will launch flights to Emirates' route network in the...
ACI Motors Limited held "Sonalika Dealer Conference" on the occasion of its successful completion of one year in the city recently, says a press release. Executive Director (Agribusinesses) of the company FH Ansarey inaugurated the conference. Business Manager of the...
TOKYO, Nov 10 (AFP): Japan's core machinery orders plunged at the fastest pace in a decade in the three months to September as the economy teetered on the verge of recession, official data showed today. The core private-sector orders, a...
FHM Humayan KabirThe Chittagong Port Authority (CPA) is likely to install a computerised container terminal in the country's prime port next year in order to boost its efficiency and reduce corruption, officials said Sunday. A Singaporean company might be appointed...
Rapport Bangladesh Ltd organised a daylong 'inspirational and motivational' workshop for the sales personnel of Federal Express (FedEx) Bangladesh Saturday at a city hotel. FedEx Managing Director Tanveer Madar inaugurated the programme, says a press release. Rapport Chairman and Managing...
FE Report The inter-bank call money rate remained unchanged Monday with steady flow of cash in the market. The US dollar was also stable against Bangladesh taka (BDT) in the inter-bank foreign exchange market because of ample liquidity, fund managers...
Our CorrespondentKHULNA, Nov 10: For the first time imported cars are going to be unloaded at Mongla Port soon. This was decided in a recent meeting of Mongla Port Authority (MPA) with the importers.In the meeting, the importers demanded reduction...
The Hongkong and Shanghai Banking Corporation (HSBC) Ltd arranged an outing for the students of School of Hope at Wonderland Park in the city recently.A 100 students from the School of Hope were treated to rides, lunch and fun-filled activities....
FE ReportThe local jute goods manufacturers, concerned by the fall in export prices of their products following the global financial crisis, sought government support including creation of a 'crisis fund' for helping them to cope with external shocks."We are going...
FE Report Uttara branch of NCC Bank Brokerage house has been shifted to new premises at Uttara Model Town in the city recently, said a press release. NCC Bank Chairman Tofazzal Hossain formally inaugurated the new premises as the chief...
The Net Asset Values (NAV) of eight ICB Mutual Fund certificates on the basis of market value of the portfolios as on October 31, were as follows, according to an ICB press release. Tk 4784.48 was NAV of the First...
Mr Md Mehmood Husain has been promoted to the post of deputy managing director (DMD) of Prime Bank Limited.Prior to his promotion, he was the senior executive vice president and head of corporate banking of the bank, said a press...
LONDON, Nov 10 (AFP): European and Asian stock markets soared today, lifted by a multi-billion-dollar economic stimulus package announced by China and a pre-weekend rally on Wall Street, traders said. Shanghai closed up 7.27 per cent after the Chinese government...
Raihana Aneesa Yusuf Ali has been appointed managing director (MD) of the Bangladesh House Building Finance Corporation (BHBFC). Prior to her new assignment, she was the deputy managing director of Sonali Bank Limited.Raihana started her banking career by joining the...
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