Sarwar ZahanThe inter-bank call money rate mostly moved on a steady level last week, as the market enjoyed sufficient liquidity despite withdrawal of large amounts of cash through different tools used by the central bank, fund managers said.The call rate...
FE Report A branch managers' conference of Janata Bank Limited, Comilla area, was held at the BARD auditorium in Comilla recently, said a press release.Janata Bank CEO and Managing Director SM Aminur Rahman was present at the conference as the...
Our CorrespondentCHITTAGONG, Nov 07: Chittagong Women Chamber of Commerce and Industry (CWCCI) and Bright Bangladesh Forum signed Thursday a memorandum of understanding (MoU). CWCCI President Manwara Hakim Ali and Bright Bangladesh Forum Executive Director Utpol Barua signed the MoU on...
FE Report Social Investment Bank Limited (SIBL) and Remit Master SND, BHD, Malaysia signed an electronic fund transfer (EFT) agreement at a ceremony in Kuala Lumpur recently. SIBL Managing Director KM Ashaduzzaman and Remit Master Chairman ABDA Hamid signed the...
November 2 - November 6, 2008Commercial Bank of CeylonUS dollar retained its bullish tone against Bangladeshi taka last week due to a significant import volume with a relatively lower volume of inward remittances. The demand prevailed until the end of...
US President George W Bush has said he and Barack Obama will discuss issues such as the global financial crisis and the war in Iraq "early next week", reports BBC.In a speech at the White House, Mr Bush congratulated the...
ISLAMABAD, Nov 7 (AFP):A suspected US missile strike in north-west Pakistan has killed at least 14 people, Pakistani officials say.The attack by a US drone targeted al-Qaeda-linked militants in the tribal region of North Waziristan, close to the Afghan border,...
Barak Hossain Obama has shattered convention on several counts to become elected as the 44th President of the United States. He is the first Afro-America to be elected President to be now eligible to grace the most powerful public office...
Syed Fattahul AlimBarack Hussein Obama, the US senator from Illinois, who promised change to America during his entire electioneering campaign for the US presidency, in his victory speech addressing an adoring and emotional 125, 000-strong crowd on Tuesday finally announced...
Saiful HaqueBANGLADESH is a country blessed with a large workforce, known for its diligence. However, in today's world, economic progress does not depend only on a large number of willing workers, although this can be an advantage in lowering production...
BUSH represented everything that was bad. He lied about his background to get into the White House and for many Democrats he even stole the first term. If you think he staged 9/11 with active help from the Israelis, you...
IT is a great day for the American people. Barack Obama's victory in the election must mean a lot to African Americans. When Thomas Jefferson wrote the US Constitution promising the best for "all" Americans, he owned a hundred slaves....
Dilip HiroWith the collapse of the Soviet Union in 1991, the United States stood tall -- militarily invincible, economically unrivalled, diplomatically uncontestable, and the dominating force on information channels worldwide. The next century was to be the true "American century,"...
Barrister M. A. Muid Khan"WE the peoples of the United Nations determined to save succeeding generations from the scourge of war…" (Preamble to the Charter of the United Nations)Despite having strong determination of the Peoples of the United Nations "to...
SINGAPORE/LONDON, Nov 6 (Reuters): Europe's top central banks were under pressure to slash borrowing costs by a record margin Thursday as part of global efforts to stimulate trade and commerce and ward off deep recession.Markets looked also to US President-elect...
BRASILIA, Nov 6 (AFP): A meeting of Group of Twenty (G20) finance ministers and central bank chiefs in Brazil this weekend will give emerging economies a chance to discuss the need for global financial regulation while preserving free-market principles, analysts...
WELLINGTON, Nov 6 (AFP): New Zealand's unemployment rate rose to its highest level in nearly five years in the September quarter, as the effects of a recession saw businesses lay off workers, official figures showed today. The unemployment rate rose...
BEIJING, Nov 6 (AFP): A radical stimulus package to fight the impact of the global financial crisis on China could be announced this month as the economy enters an "excessive slowdown", state media said today. "Only a radical stimulus package...
JAKARTA, Nov 6 (AFP): Indonesia's central bank maintained its benchmark interest rate at 9.50 per cent today despite rate cuts in major countries amid the global economic slowdown, officials said. Bank Indonesia Governor Boediono said there would be no change...
LONDON, Nov 6 (AFP): Oil prices fell slightly Thursday, a day after sharp losses, as the market digests fresh evidence of slowing world energy demand. Brent North Sea crude for December delivery dropped 36 cents to 61.51 dollars a barrel...
NEW YORK, Nov 06 (AP): Gold and other commodities stumbled Wednesday, erasing some of the previous session's big gains and reflecting steep losses in the equities markets.Commodities prices, which have tended to mirror the direction of equities in recent weeks,...
SYLHET, Nov 6: With the turnovers hitting new highs recently, Bangladesh's premier bourse, the Dhaka Stock Exchange (DSE), organised investors' awareness campaign in Sylhet today (Thursday) to familiarise them with the growing stock market operations.The DSE programme was arranged in...
FE Report Habib Rehman recently joined The Westin Dhaka as executive assistant manager, said a press release. Prior to joining The Westin Dhaka, Rehman was the director of food and beverage at Shangri-La Rasa Ria Resort in Sabah.He also worked...
Jasim Uddin HaroonLocal apparel manufacturers see bright prospect of RMG products to American market after Barack Obama, a Democrat, won the US presidential election."We expect getting advantage for our garment sector to the US market during the Obama period as...
FE Report A 30-member delegation of Bangladesh British Chamber of Commerce (BBCC), UK, led by its chairman Shahgir Bakht Faruk, will arrive in the city on November 9 on a nine-day visit to Bangladesh.The delegation comprises BBCC senior vice-chairman and...
Our CorrespondentCHITTAGONG, Nov 06: Visiting Vietnamese delegation leader said Bangladesh and Vietnam have similarities in the field of economy as the two countries belong to the developing world. But the trade volume between the two countries has not increased up...
Bangladesh Krishi Bank (BKB) disbursed loan of Tk 11.34 billion during last four months of the present financial year, which is Tk 4.26 billion higher than the amount disbursement during the corresponding period of the last year. During the same...
FE Report The inter-bank call money rate remained steady with downward bias despite withdrawal of cash from the market through reverse repurchase agreement (repo). The US dollar was also stable against Bangladesh taka (BDT) in the inter-bank foreign exchange market...
ICB Asset Management Company Ltd (ICB AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), has announced Net Asset Value (NAV) of its four mutual funds, according to the company press releases.The total NAV of ICB AMCL First Mutual Fund...
FE Report The new premises of Mirpur Bazar branch of National Bank Limited (NBL) was shifted to Chand Ali Shopping Centre, Jagannathpur Road in Sunamganj recently, said a press release. NBL Managing Director Md Abdur Rahman Sarker formally inaugurated the...
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