BRUSSELS, Sept. 15 (Xinhua): The European Union (EU) has decided not to impose provisional anti-dumping duties on Chinese steel products, the European Commission said Saturday. But the EU will continue its investigation on whether to impose definitive anti-dumping duties. The...
HANOI, Sept 15 (AFP): Vietnam today launched a locally made ethanol-blended gasoline with the view to "ensure national energy security and reduce the economy's dependence on oil products", said oil giant PetroVietnam. Gasohol E5, which is five per cent ethanol...
Kayes M SohelThe process of collecting IPO (initial public offering) refund warrant money can be completed through depository participants (DPs) instead of commercial banks in order to cut time. This was proposed by some members of the 10-member committee, formed...
FE ReportSocial Investment Bank Ltd (SIBL) has been renamed as Social Islami Bank Ltd. The approval came at the 5th extraordinary general meeting (EGM) of the bank recently where allocation of 1:1 right shares was also approved. After the EGM...
A total of 316 taxpayers from across the country were awarded crests and credentials at a function held Monday to mark observance of the first National Income Tax Day with the aim of sensitising the public about tax-related issues, reports...
FE Report The inter-bank call money rate remained steady Monday despite strong demand for cash. The US dollar also retained its strength intact against Bangladesh taka (BDT) in the inter-bank foreign exchange market mainly due to sufficient supply of the...
Our CorrespondentFARIDPUR, Sep 15: Goalundo Textile Mills has been closed due to serious production shrinkage for acute crisis of raw cotton as well as excessive load shedding. Over 700 workers and employees of the mill became unemployed due to the...
FE ReportICB Asset Management Company Ltd (ICB AMCL), subsidiary of Investment Corporation of Bangladesh (ICB), announced Net Asset Value (NAV) of its four mutual funds.The total NAV of ICB AMCL First Mutual Fund stood at Tk 18,87,05,100.36 on the basis...
Sonali Bank Limited has earned "Best Brand Bangladesh 2008" award in the financial category. Bangladesh Brand Forum distributed the award to the bank at a ceremony held at Dhaka Sheraton Hotel in the city recently, said a press release. This...
SYDNEY, Sept 15 (AFP): Asian stock markets fell sharply Monday on fresh fears over the state of the global financial system amidst concern over the fate of Wall Street giant Lehman Brothers, dealers said.Australian shares were down 2.21 per cent...
M/s Lenny Apparels Limited, a 100 per cent Indian company, will set up a woven and knit garments industry in the Dhaka Export Processing Zone (DEPZ) at a cost of US$9.776 million or about Tk 670 million. In this connection,...
Rahim Textile recommends 15pc cash dividend The board of directors of Rahim Textile has recommended 15 per cent cash dividend for the year 2007-2008. The annual general meeting (AGM) will be held on October 16, '08. The book-closure of the...
Pakistani troops have fired shots into the air to stop US troops crossing into the South Waziristan region of Pakistan, local officials say. Reports say nine US helicopters landed on the Afghan side of the border and US troops then...
Top Nato officials have arrived in the Georgian capital Tbilisi to express support for the country following its short war with Russia, reports BBC. Nato's chief said the deal that allowed Russia to keep forces in Georgia's breakaway regions was...
Zimbabwean President Robert Mugabe has signed a historic power-sharing deal with his long-time rival, opposition leader Morgan Tsvangirai, reports BBC. The two smiled and shook hands at the ceremony in the capital, Harare, attended by African dignitaries. Mr Tsvangirai said...
Police in the southern Indian state of Karnataka have arrested over 60 people in connection with attacks on churches and clergymen over the weekend, reports BBC. More than a dozen churches were ransacked by alleged activists of the radical Hindu...
SEOUL, Sep 15(AFP): The US military has proposed holding a major troop- landing exercise involving more than 10,000 US and South Korean marines in November, according to a report Monday. It was put forward by General Walter Sharp, who commands...
HERAT, Sep 15 (AFP): A bombing Monday killed three bodyguards of a district chief, including his son, in an area of Afghanistan at the centre of claims that US air strikes killed dozens of civilians last month, the official said....
COLOMBO, Sep 15 (AFP): Fresh fighting broke out across Sri Lanka's tense north, leaving 20 Tamil Tiger rebels and one soldier dead, the defence ministry said Monday. The ministry said 22 rebels and 14 troops were wounded in Sunday's fighting...
JAKARTA, Sep 15 (AFP): At least 21 people were killed in a stampede in Indonesia on Monday as they crowded an alley waiting for a cash handout for the Muslim holy month of Ramadan, a report said. The bodies of...
BANGKOK, Sep 15 (AFP): The leaders of Thailand's ruling party have backed Somchai Wongsawat, brother-in-law of ousted premier Thaksin Shinawatra, as its candidate for prime minister, a spokesman said Monday. The decision will be presented to parliamentarians from the People...
Aussie Muslim cleric, convicted on terrorist charges MELBOURNE, Sep 15: A jury on Monday found a Muslim cleric guilty of leading a terrorist group and also convicted five of his followers after a trial in which 12 men were accused...
Khulna Abahani Krira Chakra upset Muktijoddha Sangsad in their opening match of the Citycell 2nd B League by 3-1 goals win at the Bangabandhu National Stadium (BNS) in the city Monday, reports UNB.It was the 2nd upset in the ongoing...
The Bangladesh players linked to the Indian Cricket League have stated dissatisfaction with the system as their reason to retire from international and domestic cricket. However, they stopped short of confirming they had signed with the ICL, reports Cricinfo. Habibul...
MADRID, Sept 15 (AFP): Russia retained their Fed Cup crown here Sunday to make it four titles in five years when Svetlana Kuznetsova defeated Anabel Medina Garrigues 5-7, 6-3, 6-4 to give the visitors an unassailable 3-0 lead over Spain.Olympic...
Australia's Test squad still plans to depart for India Sunday despite increased fears over security following deadly bomb attacks in New Delhi Saturday. Cricket Australia officials were due to meet with representatives from the Australian government's department of foreign affairs...
PRETORIA, Sept 15 (AFP): FIFA President Sepp Blatter said Sunday he had no doubt that South Africa would host a successful World Cup, adding there was no 2010 plan B."The plan B is South Africa and the plan C is...
MADRID, Sept 15 (AFP): Real Madrid got their title defence up and running Sunday, grinding out a 4-3 home victory over newcomers Numancia who shocked the reigning champions by taking the lead twice.It was a first win of the campaign...
Economics and politics are forces not independent of development. On the contrary, they are highly interdependent. The world has witnessed different forms of societies following growth paths characterized by the kind of politics the respective systems of government had pursued....
Shamsul Huq Zahid THE persistent power shortage, in addition to causing physical sufferings to power subscribers across the country, has been taking a heavy toll on the economy since long. Frequent power outages have been causing disruption to production in...
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