FE Today Logo

Search results for:


Cityscape expo fails to seduce scared property investors

2008-10-15 00:00:00

Property investors are becoming afraid of putting their money into bricks and mortar and adopting a wait and see approach, it is claimed.At the end of Cityscape Dubai this week, the world's largest business to business real estate expo, organisers...

Land record of rights : an overview

2008-10-15 00:00:00

Shah Md. Abu Raihan AlberuniIn 1793, the terms of the Decennial settlement of 1789-1790 were made permanent by Lord Cornwallis. It resulted in the permanent settlement of estates in Bengal. In the case of permanently settled areas, the unit was...

StanChart to invest $20m for eye care

2008-10-15 00:00:00

FE Report Standard Chartered Bank Tuesday announced that it will invest $20 million to fund the development of sustainable eye care services in less advantaged areas of 20 cities across the world including Dhaka.The investment from the London-based leading banking...

Beximco Pharma, first Bangladeshi company in Latin American market

2008-10-15 00:00:00

FE ReportBeximco Pharmaceuticals Ltd (BPL), the leading edge pharmaceutical manufacturer and exporter of Bangladesh has commenced exports to Chile, after receiving marketing authorization for a number of products from "Instituto de Salud Publica de Chile" (Drug Regulatory authority in Chile)....

Trading of Summit Alliance Port shares begin tomorrow

2008-10-15 00:00:00

FE ReportShare trading of the Summit Alliance Port Limited (SAPL) begins tomorrow (Thursday) on both Dhaka Stock Exchange and Chittagong Stock Exchange.The decision came at a board meeting of the Dhaka Stock Exchange (DSE) held Monday.The SAPL, the country's private...

Call rate down, greenback steady

2008-10-15 00:00:00

FE Report The inter-bank call money rate fell Tuesday despite withdrawal of cash through bills and bonds. The US dollar, however, remained stable against Bangladesh taka (BDT) in the inter-bank foreign exchange market due to adequate supply of the greenback,...

DBBL opens 51st branch in Gazipur

2008-10-15 00:00:00

Dutch-Bangla Bank Limited (DBBL) opened its 51st branch at Konabari (BSCIC Industrial Area) in Gazipur Tuesday with on-line banking facilities from the very beginning. DBBL Managing Director Md Yeasin Ali inaugurated the new branch, said a press release.He also opened...

Automation may help exceed target at CCH

2008-10-15 00:00:00

Our CorrespondentCHITTAGONG, Oct 14: The Automation programme installed at Chittagong Customs House (CCH) has brought about wideranging dynamism and the target of revenue earning of the government is expected to exceed during the current fiscal, concerned sources said.With the introduction...

BKB quarterly review meet held

2008-10-15 00:00:00

Chairman of the board of directors of Bangladesh Krishi Bank (BKB) Khondkar Ibrahim Khaled inaugurated the first review meeting of the general managers (GMs) of the bank for the financial year 2008-09 held at its board room in the city...

Thrust on unity of RMG owners to face global economic crisis

2008-10-15 00:00:00

Our CorrespondentCHITTAGONG, Oct 14: In a bid to avert the ongoing global financial crisis, members of the business community concerned with the garments industries are needed to be alert and get themselves united to tackle any untoward situation. If the...

SIBL managers urged to attain business targets

2008-10-15 00:00:00

Branch managers of Social Investment Bank Limited (SIBL) have been urged to work with total commitment to achieve the business targets of the bank. Chairman of the bank Abdul Awal Patwary made the appeal while speaking as the chief guest...

65 ISIS food products to be available within three years

2008-10-15 00:00:00

FE ReportISIS- a world-renowned manufacturer of low-calorie, low-fat healthy food products has started marketing its merchandises in Bangladesh.The Danish Brand of the food item made debut at the Gulshan outlet of Agora in the city Tuesday.Chairman of ISIS Foods Bangladesh...

Central bank provides $10m OD facilities to a SCB

2008-10-15 00:00:00

FE Report The central bank has provided overdraft (OD) facilities for US$10 million to a state-owned commercial bank (SCB) recently for settlement of its food grains import bills and other overseas payments. "We've allowed the OD facility to the SCB...

Integra to market LG mobile phones in Bangladesh

2008-10-15 00:00:00

FE ReportLG Electronics, a worldwide technology and design leader in mobile communications, announced Sunday its start-up of business operation to make the world No 3 mobile handset brand available in Bangladesh market through partnership with Integra International Limited.The LCD includes...

Ahad elected vice-chairman of Standard Bank

2008-10-15 00:00:00

Mr Abdul Ahad, one of the sponsor-directors of Standard Bank Limited, has been unanimously elected vice-chairman of the board of directors of the bank.The board of directors of the bank elected him at its 132nd meeting held in the city...

City Bank SME div holds training programme

2008-10-15 00:00:00

A training programme organised by the City Bank SME division on small enterprise analysis and new products of SME was held in the city recently, says a press release. Head of SME Badrudduza Choudhury, Head of CRM Ehsan Khasru, Head...

corporatewatch

2008-10-15 00:00:00

Imam Button recommends 8pc cash dividend The board of directors of Imam Button has recommended 8.0 per cent cash dividend for the year 2007-2008. The annual general meeting (AGM) of the company will be held on the factory premises at...

North Korea to resume nuclear dismantlement

2008-10-15 00:00:00

SEOUL, (South Korea), Oct 14 (AP): North Korea planned to resume dismantling its nuclear programme Tuesday for the first time in two months, days after the United States removed the communist regime from a terrorism blacklist as a reward under...

Pakistan clashes kill 40 rebels, 2 soldiers

2008-10-15 00:00:00

PESHAWAR, Oct 14 (Reuters): More than 40 Islamist militants and two soldiers have been killed in the latest fighting in Pakistan's troubled northwest near the Afghan border, paramilitary force officials said Tuesday.Pakistani security forces in recent months have been locked...

Canada set for credit crunch poll

2008-10-15 00:00:00

Canada is holding its third general election in four years, with the global financial crisis looming over the poll, reports BBC.Conservative PM Stephen Harper, who has headed a minority government since 2006, called the snap poll in a bid to...

McCain vows: I'll be back

2008-10-15 00:00:00

WILMINGTON, (North Carolina), Oct 14 (AFP): In a career littered with comebacks, Republican John McCain is now vowing one more Herculean effort to overhaul Barack Obama's commanding poll lead and restore his White House dream. While the Democratic hopeful for...

Human remains found in Australian crocodile

2008-10-15 00:00:00

SYDNEY, Oct 14 (AFP): Australian police say they have found human remains in the stomach of a giant crocodile captured in a remote area where a fisherman went missing late last month. Arthur Booker, 62, disappeared on September 30 after...

Deadly Los Angeles wildfires forcing evacuations

2008-10-15 00:00:00

LOS ANGELES, (California), Oct 14 (CNN): Two major wildfires, pushed by strong Santa Ana winds, raged through the San Fernando Valley Tuesday morning on a path that has already forced thousands of families from their homes.A US Forest Service firefighter...

Arthritis drug boosts heart disease risk

2008-10-15 00:00:00

PARIS, Oct 14 (AFP): The arthritis drug Vioxx nearly doubled the risk of heart attack and stroke compared to no treatment at all, according to a long-term follow-up study released Tuesday. But the risk virtually disappeared, the study found, a...

news digest

2008-10-15 00:00:00

Mbeki arrives in Zimbabwe in bid to rescue power-sharing deal HARARE, Oct 14: Former South African president Thabo Mbeki arrived in Zimbabwe late Monday in a bid to rescue a fragile power-sharing agreement between the country's political rivals. Mbeki left...

US will pump $250b into its banks

2008-10-15 00:00:00

LONDON/TOKYO, Oct 14 (Reuters): The United States will pump $250 billion into its banks Tuesday, following similar measures in Europe, but data showed the threat of recession has not been banished even if a financial sector meltdown has.Major European economies...

Nepal to push for reducing trade gap with India

2008-10-15 00:00:00

KATHMANDU, Oct 14 (Xinhua): Nepal is preparing to ask India to do away with non-tariff barriers on its exports in order to reduce the yawning trade gap. The Nepali officials will put forth their concern at the inter-governmental committee (IGC)...

'Brazil needs no drastic steps to tackle global financial crisis'

2008-10-15 00:00:00

RIO DE JANEIRO, Oct 14 (Xinhua): Brazilian President Luiz Inacio Lula da Silva said yesterday that he didn't believe the international financial crisis would affect Brazil so much that drastic measures are needed. In Toledo, Spain, where he received the...

Iceland, with IMF deal in works, turns to Russia

2008-10-15 00:00:00

REYKJAVIK, Oct 14 (Reuters): Icelandic officials are in Moscow Tuesday for talks on an emergency loan that could be worth billions of euros, the country's latest attempt to raise cash to help save its economy from collapse.Iceland has tapped the...

Cambodia warns rich nations to forget poor at their own peril

2008-10-15 00:00:00

PHNOM PENH, Oct 14 (Online): Cambodia urged developed nations Tuesday to focus on poverty alleviation in less developed economies as part of a strategy to bolster the global economy. In a speech to the annual International Monetary Fund (IMF) and...