A recent report revealed that only two to three of the housing companies have the approval of Rajdhani Unnayan Katripakkha (Rajuk). The rest, the number of which is not less than 300, have been doing businesses illegally. They have so...
Kimia Sanati from Tehran Iran's key oil industry could plunge into crisis, oil experts have warned, if President Mahmoud Ahmadinejad does not urgently appoint a replacement for Seyed Kazem Vaziri Hamaneh who was sacked as oil minister two weeks ago...
James Rowley and Karen GulloMicrosoft Corp. will soon be free of a U.S. court decree imposed for anti-competitive behavior, just in time for a showdown with Google Inc. and others seeking domination in the ever-changing software industry. At stake are...
Mary Jane CredeurRoberto Goizueta, the late, legendary Chief Executive Officer of Coca-Cola Co., fueled a 39- fold surge in the company's stock by relying on its flagship brand: Coke. Now, after the U.S. market for soft drinks shrank for two...
SYDNEY, Sept 3 (AFP): Asia-Pacific leaders will this week press for the urgent revival of deadlocked world trade talks and urge crucial concessions from the major players, according to a draft statement seen today. Hailing upcoming negotiations in Geneva as...
GENEVA, Sept 3 (AFP): Rising productivity levels in Asia are a boon and not a threat to the world economy, as growing prosperity spurs a demand for products made elsewhere in the world, the International Labour Organisation (ILO) said today....
NEW DELHI, Sept 3 (AFP): India's trade deficit widened to 5.01 billion dollars in July from four billion dollars in the same month last year as imports jumped, official data showed today. Imports in July 2007 rose 20.4 per cent...
SINGAPORE, Sept 3 (AFP): Crude prices were higher in Asian trade today as US supplies remained tight but reports showed Hurricane Felix would likely bypass key US refineries, dealers said. At 2:24 pm (0624 GMT) New York's main contract, light...
FE ReportOracle, world's largest enterprise software company has announced that Oracle Secure Enterprise Search 10g, Oracle's comprehensive, secure and easy-to-deploy enterprise search software, has been selected as one of KMWorld's "Trend-Setting Products of 2007."To develop its prestigious annual list of...
HONG KONG, Sept 3 (AFP): Asian currencies ended the week mixed, with uncertainty emanating from a troubled segment of the US home loan market still weighing on investor sentiment. JAPANESE YEN: The Japanese yen went through volatile trading in the...
SYDNEY, Sept 3 (AFP): Asia Pacific leaders will discuss food safety at a summit in Sydney this week following a spate of recalls and concerns over Chinese food products, an Australian official said today. The issue has already been discussed...
NEW DELHI, Sep 3 (PTI): The Finance Ministry is keen about a hike in petrol and diesel prices to offset losses of oil firms, although it has agreed to issue oil bonds to insulate them from skyrocketing global crude prices....
BANGKOK, Sept 3 (ILO News): South Asia's productivity levels have risen by around 50 per cent in the last decade and the share of working poverty has "decreased tremendously", the International Labour Office (ILO) said in a new report published...
KATHMANDU, Sept 3 (Xinhua): Export of Nepali readymade garments to the United States (US), which is the single largest market, suffered heavily for yet another month, as the month of August 2007 saw a decline of 27 percent in terms...
SEOUL, Sept 3 (AFP): South Korea's largest carmaker Hyundai Motor has scaled down its sales targets in China and the United States due to tough market conditions, officials said today. The firm said its venture in China reduced its annual...
FE ReportWarid Telecom, Abu Dhabi Group and Bank Al-Falah Monday donated Tk 100 million (Tk 10 crore) to the Chief Adviser's Relief and Welfare Fund. A four-member-delegation of Abu Dhabi Group and its corporate bodies led by Marwan Suleiman Zawaydeh,...
FE Report Eskayef Bangladesh Ltd, a leading pharmaceutical manufacturer and exporter of the country, eyes the markets of Gulf Cooperation Council (GCE) countries such as Saudi Arabia, Kuwait, Bahrain, Qatar, the United Arab Emirates (UAE), Yemen and the Sultanate of...
FE ReportThe total net asset value (NAV) of ICB AMCL Pension Holders' Unit Fund stood at Tk 6,39,44,965.11 on the basis of cost price and Tk 7,58,11,079.28 on the basis of market price at the close of business operation on...
FE ReportBeximco Pharmaceuticals Ltd (BPL) has approved 5.0 per cent cash dividend and 10.0 per cent stock dividend for its shareholders. The dividends were approved in the company's 31st annual general meeting (AGM), held in the city Sunday. BPL Director...
At least five lighterage vessels were fined Tk 0.15 million (1.5 lakh) by a magistrate court of the Chittagong Port Authority (CPA) in separate drives Sunday, reports BSS. The legal measures were taken against the vessels on charges of overloading...
National Bank Limited (NBL) inaugurated its 95th branch at Shibchar, Madaripur recently, said a press release. Additional Managing Director of the bank Md Abdur Rahman Sarder formally inaugurated the branch as the chief guest. He said NBL will make a...
Our CorrespondentNILPHAMARI, Sept 3: Rajshahi Krishi Unnayan Bank (RAKUB) disbursed over Tk 361.9 million (36,19,76,000) in Nilphamari in the 2006-07 financial year through its different branches across the district.The bank's total target of loan disbursement in Nilphamari was over Tk...
Our CorrespondentGAIBANDHA, Sep 3: Chars Livelihoods programme (CLP), funded by DFID, distributed cash money among the river-erosion affected families of Fulchhari Upazila in the district Thursday aimed at mitigating their sufferings due to erosion.CLP sources said Tk 0.375 million (3.75...
FE ReportEastern Bank Limited (EBL) opened a new ATM booth at 176/1, DIT Road, Malibag in the city Monday, said a press release.While inaugurating the booth , EBL Managing Director Ali Reza Iftekhar said, "We have plans to open more...
FE ReportThe Bangladesh Association of Construction Industry (BACI) has donated Tk 0.50 million to the Chief Advisor's (CA) Relief Fund to help the flood-hit people of the country.President of the association Syed Mosharraf Hossain and Vice President Nazrul Islam handed...
FE ReportFrom now on the executives, officers and staff including casual employees of all levels of Jamuna Bank Limited will be able to check-up their health once in a year at Popular Diagnostic Centre at discount.In this connection, a memorandum...
Mohiuddin Babar, broadcaster and writer on corporate social responsibility (CSR), has been selected by the Asian Forum on CSR to be a judge for the Asian CSR Award, reports UNB. The Manila-based Forum every year awards corporate bodies in the...
TOKYO, Sept 3 (AP): Asian markets were mixed Monday, with volume light on most bourses in the absence of fresh cues from the US, where markets are shut for the Labour Day holiday.Japan's benchmark stock index closed slightly lower, while...
LONDON, Sept 3 (AFP): Europe's main stock markets mainly rose Monday, but Paris shares were hit by news of a merger between utility giants Suez and Gaz de France. At the half-way mark, London's FTSE 100 index of leading shares...
SEC withdraws spot trading order As per directive of SEC dated 03.09.07, it has rescinded (withdrawn) its earlier directive No. SEC/SRMID/94-231/1329 dated July 22, 2007 in connection with spot trading of the shares of AB Bank Limited, Dhaka Electric Supply...
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