FE Report The lower edge of inter-bank call money rate dropped Thursday although the central bank withdrew large amount of cash from the market. The US dollar, on the other hand, gained ground against Bangladesh taka (BDT) in the inter-bank...
Unilever Bangladesh Ltd Chairman and Managing Director Rakesh Mohan has been elected president of Dutch-Bangla Chamber of Commerce and Industry (DBCCI), says a press release. The names of the new members of the 5th board of directors for the 2008-2010...
A delegation of the Institute of Cost and Management Accountants of Bangladesh (ICMAB) called on Commerce Secretary Feroz Ahmed at the latter's office in the city Wednesday.During the meeting, they discussed about the progress of current on-going projects of the...
ONE Bank Chairman ASM Shahidullah Khan asked the branch managers of the bank to apply due diligence in lending and investments in the context of the current global financial crisis and recession. He was speaking at the 15th conference of...
TOKYO, Oct 30 (AFP): Asian stock markets surged as much as 10 per cent today as interest rate cuts brought bargain hunters out in force after months of misery over the global financial crisis. Investors shrugged off a weak lead...
Emirates Airline received delivery of its second Airbus A380 super jumbo recently bringing its all wide-bodied aircraft fleet to 122, inclusive of freighters, says a press release.With Adel Al Redha, Emirates' Executive Vice President (Engineering and Operations) leading a group...
LONDON, Oct 30 (Reuters): Japan and Germany said Thursday they would plow billions of dollars into their economies, hoping to provide a cushion against a deep recession and complement a series of expected interest rates cuts.Japan, the world's second biggest...
WASHINGTON, Oct 30 (AFP): The US Federal Reserve sliced its key interest rate another 0.5 percentage points to 1.0 per cent yesterday as signs emerged of thawing credit markets around the world. The Fed's expected action came after China also...
MOSCOW, Oct 30 (PTI): A key strategic plan prepared by Prime Minister Vladimir Putin for Russia's foreign and economic ties in the next decade has identified India and China as priority partners, with most of the top western nations headed...
SINGAPORE, Oct 30 (AFP): Asian airlines face bleak business in the next two years amid a global recession and must deal with the challenges or face extinction, an industry conference was told today. Carriers from Asia and the Middle East,...
BRUSSELS, Oct 30 (Xinhua): The European Commission said yesterday it will present late November an economic recovery plan with short-term measures to drag the economy from the verge of recession. "We will bring forward, on November 26, a comprehensive EU...
PARIS, Oct 30 (AFP): Egyptian President Hosni Mubarak warned yesterday that his country faces a drop in revenues from tourism and Suez Canal transit fees as a result of the world financial crisis. Speaking in Paris after a working lunch...
SEOUL, Oct 30 (AFP): South Korea's current account deficit fell sharply in September from a record high in August, according to figures published today which are expected to prop up the shaky won. The shortfall was 1.22 billion dollars in...
SINGAPORE, Oct 30 (AFP): World oil prices rose above 70 dollars a barrel in Asian trade today, extending gains after a cut in US interest rates powered a rally in global stock markets. New York's main contract, light sweet crude...
BEIJING, Oct 30 (PTI): After toxic melamine in milk powder now it is the turn of eggs with the poisonous substance, forcing supermarkets in China to recall a particular brand as "unsafe to eat." An eastern Chinese city is recalling...
FE ReportThere was a fair demand in sale but owing to less competition, prices declined over a broad front except the best on offer. Blenders and Packers lent a fairly good support but Loose tea buyers were less active. There...
TOKYO, Oct 30 (AFP): The yen fell against the dollar and the euro in Asia today as rebounding stock prices and global interest rate cuts led investors to sell the safe-haven Japanese currency, dealers said. The dollar was changing hands...
Our CorrespondentNILPHAMARI, Oct 30: North West Crop Diversification Project (NCDP) improved the living of small farmers through diversified production of high value crops. Department of Agriculture Extension (DAE) has been implementing this crop diversification project in the country's northwest region...
Our CorrespondentCHITTAGONG, Oct 30: The mobile court of the district administration realised fine of Tk 50 thousand from the traders involved in selling formaline-mixed fishes and fruits recently in Bahadder Haat area in the city.The mobile court seized fishes preserved...
COLOMBO, Oct 30 (AFP): Sri Lanka's central bank announced today it would allow its rupee greater exchange rate "flexibility" to make its exports more competitive. "The Central Bank of Sri Lanka has decided to allow the rupee exchange rate against...
TOKYO, Oct 30 (AFP): Nissan Motor Co. said today it was cutting 780 jobs and a Toyota subsidiary said it was also considering layoffs as part of efforts to cope with a shrinking US market. Nissan, Japan's third-largest automaker, will...
FE Report Non-compliance with regulations has virtually led the global economy to the verge of recession, the central bank governor said Thursday without elaborating."Real-time information is imperative for proper implementation of regulations," Dr Salehuddin Ahmed said while inaugurating the launching...
Breastfeeding could cut infant mortality in Bangladesh by one third saving the lives of 314 children everyday from killer diseases like diarrhoea and phneumonia. Experts said this at a national roundtable discussion on 'Secure Nutrition Diet: Save Children's Lives' organised...
The nine-day BCS City IT Fair-2008 began in the city Thursday with a call for expanding the information and communication technology (ICT) facilities to remote areas of the country, reports BSS."The ICT facilities are limited only to towns. But it...
Inadequate sanitation facilities among slum dwellers have posed a serious threat to reproductive health in the city.Speakers said this at a discussion on 'Sanitation for All by 2010' organised by Decentralised Urban Total Sanitation Project (DUTSP) of Population Services Training...
RU CorrespondentRAJSHAHI, Oct 30: Proper planning and updated academic curriculum are needed to ensure quality higher education rather than establishing more and more private universities.Rajshahi University (RU) Vice-chancellor Prof Mamnunul Keramat made this observation as the chief guest at the...
Police Thursday barred hundreds of protesters, rallying under the banner of the 'Sculpture Protection Movement', as they attempted to march towards the site of the recently removed Baul statue in front of Zia International Airport (ZIA), reports bdnews24.com.The demonstrators began...
Eminent journalist and writer Faiz Ahmed was given special honour for his outstanding contribution to journalism.Bhorer Kagoj, a Bangla daily, gave the honour to the elderly journalist at its representatives' conference-2008 at the National Press Club in the city Thursday,...
DU CorrespondentThe admission test of BBA Programme at the Institute of Business Administration (IBA) of Dhaka University (DU) under the academic year 2008-09 will be held at 10 am today (Friday).Seat arrangements for the test are as follows -- admit...
BARISAL, Oct 30 (UNB): Teaching and treatment in Barisal Sher-e-Bangla Medical College and Hospital, the largest public institution in health sector of southern region, is being seriously hampered due to shortage of teachers in the college.Already five out of 32...
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