FE Report The 114th board meeting of Standard Bank Limited (SBL) was held at its head office in the city recently. Chaired by SBL board of directors' Chairman Kazi Akramuddin Ahmed, the meeting was attended, among others by Vice-chairman Mohammad...
NEW DELHI, Aug 10 (PTI): Economic think-tank NCAER yesterday raised the forecast for the country's economic growth in this fiscal to 8.53 per cent in the backdrop of good corporate performance and expectations of higher farm sector growth. "The revised...
FRANKFURT, Aug 11 (AFP): The European Central Bank (ECB) pumped more money into the Eurozone banking market yesterday in response to fears over the US housing sector, taking its cash injections to 155.85 billion euros (212.98 billion dollars) in two...
NEW YORK, Aug 11 (PTI): Two United Nations agencies have launched an ambitious USD 44 million programme to reduce female genital mutilation and cutting (FGM/C) by 40 per cent by 2015 and to end the harmful traditional practice within a...
LONDON, Aug 11 (AFP): Global commodity prices slumped in the last week as speculators rushed to bank profits amid concern that demand for oil and metals will slide should the world economy dampen because of the US housing crisis. "All...
MUMBAI, Aug 11 (Reuters): Indian vehicle makers are joining the global race to make less-polluting greener vehicles, teaming up with international firms and pouring money into research that could result in commercially viable technologies quickly.Petrol and diesel are used overwhelmingly...
NEW YORK, Aug 11 (AFP): The US dollar fell against the euro and the British pound yesterday as fears about the US mortgage market and a related credit crunch unsettled financial markets. Analysts said the dollar weakened partly as some...
ABU DHABI, Aug. 11 (Xinhua): Etisalat, the telecom giant of the United Arab Emirates (UAE), will bid for Qatar's new mobile and fixed line licenses in a move to expand in the Gulf country's telecom market, local newspaper Gulf News...
NEW YORK, Aug 11 (AFP): World oil prices were mixed yesterday, with a barrel of Brent falling below 69 dollars for the first time since June, on concern that energy demand may weaken amid the US subprime crisis. New York's...
BIRMINGHAM, Aug 11 (Reuters): An Ohio real estate developer has purchased Valleydale Marketplace, a shopping center anchored by Winn-Dixie on Valleydale Road. Midland Atlantic acquired the 64,000-square-foot center late last month for an undisclosed amount. The center is 85 per...
CONNECTICUT, Aug 11 (Bloomberg): Goldman Sachs Group Inc.'s $8 billion Global Alpha hedge fund has fallen 26 per cent so far this year, a decline that may prompt more investors to withdraw their money, according to people familiar with the...
NEW YORK Aug 11 (Bloomberg): Central banks in the US, Europe, Japan, Australia and Canada added about $136 billion to the banking system in an attempt to avert a crisis of confidence in global credit markets. The Federal Reserve, in...
The Bangladesh Handloom Board (BHB) is likely to allocate Tk 200 million (20 crore) as grant for the flood-affected 50 to 70 thousand small weavers, according to sources, reports BSS.The sources have indicated that a rehabilitation package including the grant...
FE ReportThe 7th annual general meeting (AGM) of Islami Insurance Bangladesh Limited was held at its head office in the city recently.Chairman of the company Mohammad Sayeed presided over the AGM.The AGM was attended, among others, by vice chairmen M...
FE Report Emirates' has won the much-coveted Skytrax-2007 Best Airline In-flight Entertainment Award for the third time. The award is a result of the world airlines survey conducted between August 2006 and June 2007, and is based on the responses...
FE ReportStandard Chartered Bank has recently launched a Depositary Participant Services (DPS) for its retail customers.Standard Chartered Bank Chief Executive Officer Osman Morad handed over the first two welcome packs to two of the priority customers at a function at...
FE ReportMosharref Hossain, one of the sponsor directors of Mercantile Bank Ltd, has been elected first vice chairman of the bank recently.Mosharref is closely involved in print industry. He is one of the directors of Toka Ink (BD) Limited and...
FE ReportA number of corporate bodies and banks, including Grameenphone Ltd (GP), Islami Bank Bangladesh Limited (IBBL), Shahjalal Islami Bank Limited (SJIBL), Mutual Trust Bank Limited (MTBL) and Beximco Pharmaceuticals Limited (BPL), have been continuing their relief activities among the...
Sarwar Zahan US dollar ended stronger against Bangladesh taka (BDT) last week in a moderately active market that witnessed lower demand for the greenback. The exchange rate of the greenback fluctuated between Tk 68.52 and Tk 68.60 against the previous...
FE Report Dutch-Bangla Bank Limited (DBBL) began a seven-day orientation course for the newly recruited assistant officers of the bank at the DBBL Training Centre in the city Saturday. DBBL Managing Director Md Yeasin Ali inaugurated the course as the...
The prices of vegetables in city markets started to come down gradually with the receding of floodwaters in different areas of the country, reports BSS.Besides, the price of green chilli, which went up sharply early in the week, came down...
GAIBANDHA, Aug 11 (BSS): Rajshahi Krishi Unnayan Bank (RAKUB) will disburse Tk 470 million (47 crore) agri-loan among the flood-hit farmers of the district during the current fiscal as part of post-flood rehabilitation programme of the bank.The proposed money will...
CHITTAGONG, Aug 11 (BSS): Palli Jibikayon Prokalpa and Palli Progoti Prokalpa, two major projects of the Bangladesh Rural Development Board (BRDB), have been contributing much to alleviating poverty of the rural poor and making them self-reliant.A good number of people...
Our CorrespondentBRAHMANBARIA, Aug 11, 2007: The Department of Youth Development (DYD) disbursed loans totalling over Tk 36.47 million (Tk 3.647 crore) among 3714 unemployed youths in 8 upazilas of the district in last five years, sources said.An official of the...
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...
GHAZNI, Aug 11(AFP): Two Taliban negotiators said Saturday they were "optimistic" about talks to release their 21 South Korean hostages but insisted that some jailed rebels must be freed first. The Afghan government has consistently rejected the demand since the...
ISLAMABAD, Aug 11 (AFP): Pakistani helicopter gunships launched new assaults Saturday on Al-Qaeda and Taliban hideouts in the mountainous northwest as President Pervez Musharraf prepared to address a peace summit in Kabul. Cobra helicopters killed three suspected militants, pounding what...
TEHRAN, Aug 11 (AFP): Iran on Saturday shrugged off US President George W. Bush warning Iraq about against cozying up to Iran, blaming Washington for the insecurity in the war torn Iraq. "The insecurity in Iraq is the result of...
Washington, Aug 11 (PTI): In the absence of the US Congress agreeing on the comprehensive immigration reform, the Bush administration has stepped up its role in coming to terms with illegal immigration. Two Cabinet Secretaries - Homeland Security's Michael Chertoff...
GAZA CITY, Aug 11 (AFP): At least 20 demonstrators were injured in clashes with Hamas militants in the northern Gaza Strip sparked by the arrest of around 10 members of the rival Fatah party, relatives said Saturday. Members of the...
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