FE ReportThe share price of Beximco Ltd marked a sharp rise in the recent period propelled by a news that a portion of shares of Shinepukur Ceramics Ltd will be offloaded by the former company.Shinepukur Ceramics is an 'associate company'...
FE ReportICB Securities Trading Company Ltd has approved 200 per cent stock dividend for the year 2007-08 out of its net profit of Tk 160.2 million earned during the period.The approval came at the 8th annual general meeting of ICB...
FE Report The inter-bank call money rate remained steady Sunday despite withdrawal of cash through treasury bills. The market experienced moderate demand for fund. The US dollar also maintained stable nerve against Bangladesh taka (BDT) in the inter-bank foreign exchange...
FE ReportA workshop for the officers of Pubali Bank Ltd on 'Credit risk management and grading' was held at the bank's head office organised by Pubali Bank Training Institute recently. Pubali Bank Managing Director Helal Ahmed Chowdhury was present as...
Novartis (Bangladesh) Limited, a leading Swiss-based pharmaceutical company, has joined Standard Chartered Bank (SCB) as the new partner in InstaBuys @ 0 per cent. Recently, these two companies signed a Memorandum of Understanding (MoU) in this connection, says a press...
The Telenor Board of Directors headed by its Chairman Harald Norvik will arrive today (Monday) on a two-day visit to Bangladesh.The Norway-based Telenor Board members visits several companies within the Group each year, and the Telenor Board will be in...
FE ReportThe government borrowed Tk 7.50 billion (750 crore) Sunday through auctions of treasury bills. It will result in withdrawal of Tk 7.50 billion from the market in the week.The central bank conducted auctions of 91-day and 364-day bills on...
NEW YORK, Oct 5 (Reuters): Citigroup Inc said it won a court order late Saturday blocking Wells Fargo & Company from buying hobbled US bank Wachovia Corp until the court rules otherwise.Citigroup, which planned to buy Wachovia's banking assets for...
MUMBAI, Oct 4 (AFP): Indian shares are expected to remain under pressure this week due to uncertainty over the revised bailout package for the troubled US financial sector, dealers said. The possibility of more global banks running into trouble had...
TOKYO, Oct 5 (AP): Mitsubishi UFJ Financial Group Inc. and US investment bank Morgan Stanley are weighing a merger of their brokerage units in Japan, media reports said Friday.Japanese public broadcaster NHK reported plans for the merger but did not...
Mr Reshadur Rahman, one of the sponsors/directors of Dhaka Bank Limited, has been appointed honorary consul of The Republic of Poland in Bangladesh, said a press release. He is also chairman of the executive committee of Dhaka Bank Foundation and...
FE ReportOnline banking services of Agrani Bank Ltd will be available in 100 locations of the bank within a short period.At present, customers are able to enjoy ATM services from 20 shared-booths of electronic transaction network (ETN) in different locations...
BRUSSELS/LUXEMBOURG, Oct 5 (Reuters): Belgium and Luxembourg scrambled Saturday to find a buyer for the remains of troubled financial group Fortis and mulled a further nationalisation after the Netherlands took over its Dutch units.The break-up of the cross-border banking and...
TOKYO, Oct 5 (AP): Mitsubishi UFJ Financial Group Inc. and US investment bank Morgan Stanley are weighing a merger of their brokerage units in Japan, media reports said Friday.Japanese public broadcaster NHK reported plans for the merger but did not...
MIDAS Financing recommends 12.5pc stock, 5pc cash dividendsThe board of directors of MIDAS Financing Limited has recommended 12.50 per cent stock (one bonus share for every eight existing shares) and 5.0 per cent cash dividends for the year 2007-2008. The...
ASTANA, (Kazakhstan), Oct 5 (Agencies): Secretary of State Condoleezza Rice Sunday rejected any suggestion that US efforts to build closer ties to this former Soviet republic are meant to undermine Russian influence in Central Asia."This is not a zero-sum game,"...
CAIRO, (Egypt), Oct 5 (Agencies): An American member of al-Qaida pointed to economic troubles in the United States as proof that "the enemies of Islam" face defeat, in an English-language video released Saturday.In a half hour video message, California-native Adam...
BEIJING, Oct 5 (Agencies): China's food safety watchdog said Sunday no traces of the industrial chemical melamine were found in new tests of milk powder sold domestically, as officials sought to restore public trust in milk supplies.The tests of 129...
WASHINGTON, Oct 5 (AFP): US policy in Asia is expected to undergo major shifts, whoever wins the race to the White House. Both presidential contenders senators Barack Obama and John McCain have new ideas on how to handle a resurgent...
GUWAHATI, (India), Oct 5 (AFP): At least 16 people died and dozens were injured in three days of clashes in India's insurgency-hit northeast, police said Sunday.Violence erupted after village officials belonging to the tribal Bodo group were attacked by Muslims,...
BAGHDAD, Oct 5 (Agencies): Officials say a roadside bomb attack on a British convoy in Basra has injured an Iraqi civilian.British military in Iraq spokesman Maj. Bill Young says the attack happened around 8:30 a.m. local time Sunday on a...
JERUSALEM, Oct 5 (Reuters): French Foreign Minister Bernard Kouchner has urged Israel not to launch a military strike against Iran's nuclear program, an Israeli newspaper reported SundayKouchner, in the region for talks with Israeli and Palestinian leaders, urged the Jewish...
SRINAGAR, Oct 5 (AFP): Security forces enforced a strict curfew in Indian Kashmir Sunday and detained separatist leaders to prevent them from holding a pro- independence rally, officials said. The curfew was in force in the summer capital Srinagar and...
UNITED NATIONS, Oct 5 (AFP): UN chief Ban Ki-moon Saturday condemned the attack by separatist Kurdish rebels in Turkey near the Iraqi border that killed 15 soldiers, his spokesperson Michelle Montas said. "The secretary-general condemns the killing of 15 soldiers...
Palin charges Obama is 'palling around' with terrorists ARSON, (California), Oct 5: Republican vice presidential candidate Sarah Palin took the offensive Saturday, charging Democratic White House hopeful Barack Obama with "palling around with terrorists." Speaking early Saturday at a fundraiser...
Representatives of universities, businesses, foundations and governments from across Asia are gathering here on October 6-8 for the Asia Regional Higher Education Summit entitled "Higher Education's Responses to Global Challenges," reports UNB.The Summit's objective is to expand the role and...
At least one person was killed and 75 others including 10 policemen were injured in three separate incidents in Jamalpur, Habiganj and Jhenidah Sunday, reports UNB.Fifteen people, including 10 policemen, were injured in a clash between police and villagers at...
RANGPUR, Oct 5 (BSS): Farmers are now very happy as they have already started harvesting the short duration and anti-Monga variety BRRI Dhan-33 (paddy) in greater Rangpur on the eve of holy Eid-ul-Fitr and Durga Puja festivities. They expressed satisfaction...
Inspector General of Police (IGP) Nur Mohammad left for Russia Saturday night to attend the 77th General Assembly of International Police Organisation-Interpol, reports UNB.The IGP was leading a two-member Bangladesh team to the four-day assembly beginning Tuesday in St. Petersburg,...
Dhaka City Corporation (DCC) will unveil the plaque of Bir Protik Mohammad Shafique Ullah Road at Uttara Sector No 4, to commemorate the memory of the valiant freedom fighter, reports BSS.DCC mayor Sadek Hossain Khoka will inaugurate the plaque today...
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