NEW YORK, Aug 18(AFP): The euro climbed against the dollar and the yen yesterday after the US Federal Reserve cut its discount rate to ease liquidity in the banking system and widening fears of a credit crunch. The euro climbed...
About 0.45 million (4.5 lakh) cases involving Tk 464.90 billion (46,490 crore) in defaulted loans have remained unresolved in courts for years, bankers said Saturday, reports bdnews24.com.The settlement of the cases becomes overly protracted mainly due to writ petitions in...
FE Report ICB AMCL, a subsidiary of the Investment Corporation of Bangladesh (ICB), has declared net asset value (NAV) of its two unit funds. The NAV of ICB AMCL unit fund stood at Tk 48,29,43,922.86 on the basis of cost...
FE ReportA seminar on Guidance For Bank Audit and Introduction of Framework for Quality Control was organised by the Institute of Chartered Accountants of Bangladesh (ICAB) at its auditorium in the city Thursday. Former ICAB president and Pragati Insurance Managing...
FE ReportThe Ministry of Industries has recently launched an SME helpline centre in the head office of Women Entrepreneurs Association of Bangladesh (WEAB) under a TA project of the Asian Development Bank (ADB) titled SME Sector Development Programme (SMESDP). The...
FE ReportBRAC Seed Enterprise organised a workshop on 'Shufola' seed for its dealers and distributors from across the country at the BRAC Centre Inn in the city Saturday.The necessity to produce and distribute hybrid seeds among the flood-affected farmers for...
Sarwar Zahan US dollar fluctuated against Bangladesh taka (BDT) last week in a steady market. The rates rose in the middle of the week, but subdued in the end. The exchange rate of the greenback moved between Tk 68.50 and...
FE ReportThe certificate awarding ceremony of the courses titled 'Airfield Support Services and Airport Ground Services and Handing of Dangerous Goods', was held recently at Bangladesh Airlines Training Centre. Biman Bangladesh Airlines organised the courses for the personnel of Bangladesh...
Citi Foundation, the philanthropic wing of Citigroup, made a grant of US$ 25,000 to Bangladesh Rural Advancement Committee (BRAC) in aid of the victims of the recent devastating flood, reports UNB. The contribution was made to BRAC, a non-government organisation,...
FE ReportIslami Bank Bangladesh Limited (IBBL) and Islami Bank Foundation (IBF) are continuing their relief distribution in the country's various flood-affected areas. Pabna, Faridpur and Takerhat branches of IBBL and Pabna branch of IBF recently distributed foods, cloths and medicines...
FE Report The two-day Banglalink desh Music Fest 2007 ended at Fantasy Kingdom Saturday. Arranged by Carnival Event Management, the programme is a segment of the ongoing charity activities of Banglalink for helping the flood-affected people across the country. It...
FE ReportIDLC Finance Ltd, one of the leading leasing companies of the country, donated Tk 1,42,890 for 'Brac Flood Relief Programme'. The cheque was handed over by IDLC Finance Ltd Managing Director and CEO Anis A Khan to BRAC Chairperson...
FE ReportAn amount of $1,000 would be enough to reach out almost to half of the country's population by using television, said Asiatic MindShare Bangladesh General Manager Partha Ghosh.This disclosure is based on the findings of a survey, "What can...
FE ReportACNielsen Asia Pacific Chief Human Resources Officer Asuncion G Sunico will arrive in the city tomorrow (Monday).Sunico is expected to embark on reviewing and developing the ACNielsen's human resources issues and business in the country. She will be accompanied...
FE Report Prime Bank Foundation (PBF) has formed an advisory committee for its education support programme. Under the programme, poor but meritorious students will be provided with financial assistance in the form of monthly stipends for the persuasion of their...
FE Report Umme Salma Diti from Chittagong finally received the Meril Beauty Soap award for giving the most attractive answer at a countrywide campaign on 'How do you feel after a great shower?' organised by the soap company.Meril Beauty Soap...
FE ReportBrazil will soon be within easy reach for Emirates passengers, with just over six weeks to go until the launch of the first ever non-stop flight between Dubai and Sao Paulo.The six-a-week service, which begins on October 1, will...
City General Insurance Company Limited Nature of Business: General Insurance Subscription Open: Aug 19 2007Subscription Close: Aug 23 2007 Offer Price (Tk.): 100.00 Market lot (Share): 50 Public Offer (Share): 900,000 Sponsors Portion (Share): 600.000 Private Placement (Share): Total Paid...
PISCO, Peru, Aug 18 (AFP): Rescuers in Peru early Saturday sifted through rubble in search for victims of an earthquake that killed 500 people as President Alan Garcia surveyed the wreckage of this Peruvian town. Rescue teams including visiting Spanish...
WASHINGTON, Aug 18 (AFP): US President George W. Bush will announce plans for gradual troop reductions from Iraq, but at levels far short of those sought by his critics in Congress, The New York Times reported today. The goal of...
SEOUL, Aug 18 (AFP): North Korea on Saturday asked to postpone this month's summit with South Korea because of devastating flooding which has left over 300 people dead and sparked a food crisis in the communist state. "North Korea asked...
TEHRAN, Aug 18 (AP): Iran's elite Revolutionary Guards said they would not bow to pressure and threatened to "punch" the U.S., in their first response to Washington's plan to list them as a terrorist organization, newspapers reported Saturday. Local press...
BAGHDAD, Aug 18 (AFP): The international police organisation Interpol on Saturday issued a wanted notice for Saddam Hussein's eldest daughter, who is sought by the Iraqi government on suspicion of terrorism. Interpol's "Red Notice" does not represent an international arrest...
ANKARA, Aug 18 (AP): Two men who hijacked a Turkish passenger plane in an apparent protest against the U.S. surrendered to authorities Saturday after holding some crew members and passengers hostage for more than four hours. No one was hurt....
COLOMBO, Sri Lanka - The tale of the Buddhist monk and his shiny, new Mercedes-Benz has fueled a bizarre national drama that has angered Sri Lankans and tainted a group of revered religious leaders with corruption. The monk - leader...
KABUL, Aug 18 (AFP): Nearly a dozen insurgents were killed after an ambush on a joint patrol of Afghan police and coalition troops in Afghanistan's restive southern Helmand province, the US-led force said. There were no losses among the police...
CASTRIES, Aug 18 (AP): Hurricane Dean barreled across the eastern Caribbean Saturday and took aim at Hispaniola, Jamaica and Mexico's Yucatan Peninsula, with forecasters saying it could turn into a monster Category 5 storm within 72 hours. With sustained winds...
NEW DELHI, Aug 18(AFP): India's embattled Prime Minister Manmohan Singh, under fire over a civilian nuclear deal with Washington, says the opposition performed religious rituals for his demise. Singh told India Today weekly news magazine in comments published on the...
Experts at a workshop in the city called for distribution of hybrid seeds among the flood affected farmers of the country, reports BSS. They were speaking at a workshop of the dealers and distributors of BRAC "Shufola" Seed from across...
Fifteen persons were killed and many others injured in separate incidents in different places of the country, report agencies.In Mymensingh, two minor boys drowned in a water body at Narangi village in Bhaluka Upazila Saturday morning.In Sylhet, a woman drowned...
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