Standard Bank Ltd held its 136th board of directors' meeting in the city recently, says a press release. Chairman of the board of directors Kazi Akramuddin Ahmed presided over the meeting. Directors of the board Kamal Mostafa Chowdhury, Mohammad Shamsul...
FE Report A World Bank sponsored meeting on 'Strengthening Accounting and Auditing Standards and Practices in the Corporate Sector (Commerce Ministry Part)' was held at the ICMAB Bhaban in the city recently.Project Director and Joint Secretary for Ministry of Commerce...
Syed Mahbubur Rahman has been appointed deputy managing director (DMD) of BRAC Bank Limited. His appointment came into effect on October 27, 2008, said a press release. Prior to joining the BRAC Bank, he was the DMD of Prime Bank...
Shakhawat Hossain The government has made a move to offload 20 per cent of its stake in Unilever Bangladesh through the stock exchanges under direct listing, official sources said.The government has a total of 39.5 per cent equity in Unilever,...
A Z M AnasGrameenphone, the cell phone company, has mobilised about US$60 million (Tk 4.25 billion) by issuing a privately-placed bond in a move to partially cut back on its short-term borrowing, bankers said.The country's biggest mobile telephony firm will...
M Azizur RahmanSouth Korean company Daewoo International has pulled out from the disputed offshore block Saturday amid mounting tension between Bangladesh and Myanmar over maritime boundary dispute, officials said Saturday.South Korean ambassador in Dhaka Suk-Bum Park confirmed the suspension of...
BNP participation in the election depends on the caretaker government and the election commission's decision about its demands, party Secretary-General Khandaker Delwar Hossain said Saturday, virtually setting a precondition, reports UNB.The demands include full lifting of the state of emergency...
Despite record economic growth in South Asia over the past decade, the total number of people living in poverty has not gone down, said a report published Saturday, reports bdnews24.com. The report 'Human Development in South Asia: A Ten-Year Review'...
From Fazle Rashid NEW YORK, Nov 8: The International Monetary Fund (IMF) has too many famished mouths to feed. It has too little grains to do so. It has already distributed $30 billion to Hungary, Iceland and Ukraine and another...
FE Report The country's overall trade deficit declined by nearly 32 per cent to US$342 million in July last, the first month of the current fiscal, due to higher export earnings than import payments.The overall trade deficit came down to...
GAZIPUR, Nov 8 (UNB): Reaffirming that the polling will be held on December 18, Election Commissioner Sakhawat Hossain said today that the demand of four-party alliance was a matter of the government to resolve.Talking to prospective candidates of the five...
FE Report Chief of Army Staff General Moeen U Ahmed Saturday assured apparel manufacturers of providing all support to protect the garment industry saying that the industry now turned into a national asset."Bangladesh army was with you and they will...
Education Adviser Hossain Zillur Rahman said Saturday College of Textile Technology (CTT) would be turned into a textile university soon. Giving directives to the authorities concerned to take necessary steps, he said, "Make the textile university an unique example of...
Saudi Ambassador in Bangladesh Abdullah bin Naser Al-Busairi Saturday met Awami League (AL) President Sheikh Hasina and discussed various matters, including the upcoming parliamentary polls. After the meeting at Hasina's Sudha Sadan house, the Saudi envoy told reporters that Saudi...
Assailants shot dead an elderly man at Modhubagh in the city's Dakshin Khan area early Saturday. The victim was identified as Abu Bakar Siddique (96). Ataur Rahman, the victim's grandson, said the assailants entered the house of Abu Bakar at...
Mohammed Muhibbul Haque, a Bangladeshi ballotee Haj pilgrim, died of heart attack at his rented house in the holy city of Makkah Friday night. He was 85 and his passport number is 991743, an official handout said in the city...
FE Report Commercial banks and non-banking financial institutions (NBFIs) have provided their updated information about default loans to the central bank. "We've submitted our updated information about default position as on October 31 to the central bank Saturday," Managing Director...
Doulot Akter MalaThe National Board of Revenue (NBR) will arrange motivational programmes for revenue officials in the six divisional cities of the country on changing their mindset in revenue collection. The board will simultaneously motivate potential taxpayers, who are still...
Naim-Ul-Karim Better connectivity with markets, in terms of transportation, telecommunications, finance, and use of cutting edge technology are imperative to bolster growth in businesses in the country's small towns, villages and hinterland areas, a top International Finance Corporation (IFC) official...
S M JahangirThe Bangladesh Energy Regulatory Commission (BERC) has extended the time limit for obtaining operating licences for captive and standby electricity generators by another two months, official sources said."We have extended the timeframe for issuance of licences for the...
FE Report The three-day German Trade Show 2008 concluded in the city Saturday, where the local entrepreneurs had trade inquiries for export of products worth around $400 million, the chief of the Bangladesh-German chamber said. Bangladesh German Chamber of Commerce...
Awami League Saturday categorically said it would not accept any deferment of the December 18 date for holding the long-delayed parliamentary polls, reports UNB.After an hour-long Working Committee meeting of the party, its acting general secretary Syed Ashraful Islam said...
The World Bank (WB) Thursday approved $109 million credit to Bangladesh in support of the government's efforts to repair infrastructure and restore the livelihoods for thousands of families affected by last year's cyclone Sidr, reports UNB. The credit from the...
British Airways (BA) will suspend its Dhaka-London passenger flights from next summer, a BA official said late Friday, reports bdnews24.com. "The decision to suspend flights between Dhaka and London has been a difficult one to make," said Amanda Amos, British...
Five people died and another five fell ill after drinking rectified spirit at Ramchandrapurhat and Maharajpur in Chapainawabganj Sadar upazila Saturday afternoon, reports UNB.The deceased were identified as Kabir (40), son of Sajeman Ali of Ramchandrapur, Badhsha (40), son of...
Pope Benedict XVI has called for mutual respect between Christians and Muslims to heal tension between the two faiths, reports BBC.The first forum between Muslim and Catholic officials at the Vatican aim to defuse tensions between the world's two biggest...
There has been a dramatic rise in the number of babies being born prematurely in England, a charity has warned, reports BBC.Tommy's baby's charity highlights NHS figures showing 8.6% of babies were born early in 2006/7, after remaining around 7%...
Venezuela to pile up weapons to defend from US : general CARACAS, Nov 7: Venezuela will keep buying weapons from Russia and China in the next five years to build up "a sufficient force" to defend its oil reserves from...
An extraordinary debut bowling performance from spinner Jason Krejza transformed Australia's hopes in their must-win final Test against India, reports BBC. Krejza took 8-215, the sixth best figures by a Test debutant - and also the most expensive - as...
Young Talent Cricket Academy beat Sheikhdi Young Cricketers by 83 runs in a match of the third Division qualifying Cricket League at Dhanmondui Cricket Stadium in the city Friday.Sent in to bat first, Young Talent Cricket Academy posted 293 runs...
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