FE Report A total of 58 companies are expected to take part in this year's 'REHAB Housing Fair' to be held in New York and Florida of the United States later this month. Real Estate and Housing Association of Bangladesh...
FE Report The inter-bank call money rate lost ground slightly Sunday because of sufficient flow of cash. The US dollar, however, remained unchanged against Bangladesh taka (BDT) in the inter-bank foreign exchange market due to modest demand for the greenback,...
DETROIT, Michigan, Oct 12 (AFP): US automaker Chrysler considered several new partnership options Sunday, including mergers with Renault-Nissan and General Motors, industry and union officials said.Two sources, one an executive at a rival company and another a key official from...
The first flyover in Chittagong city is going to be constructed with RubyCement. Bengal Development Corporation Ltd, a sister concern of Islam Group, is the construction contractor of the elevated road, says a press release.Bengal Development Director Badrul Hasan Khan...
KUWAIT CITY, Oct 12 (AFP): Stock markets in the energy-rich Gulf states opened the week's trading Sunday sharply down with the Dubai Financial Market shedding 6.0 per cent.The Saudi bourse, the largest in the Arab world, also continued its slump,...
Al-Arafah Islami Bank to enhance authorised capitalThe authorities of Al-Arafah Islami Bank Limited have stated that the board of directors of the bank has decided to enhance the existing authorised capital of the bank from Tk 2.50 billion to Tk...
JERUSALEM, Oct 12 (AFP): Israel's main stock index dived 7.68 per cent Sunday when the Tel Aviv Stock Exchange opened after a four-day holiday weekend and a 45-minute delay enforced after a sharp drop in preliminary trading.The TA-25 index, which...
SEOUL, Oct 12 (Reuters): Hyundai Motor Company, South Korea's top auto maker, is unlikely to meet its US sales target for this year as the US financial crisis hit demand in the world's top auto market, a company president said.Hyundai,...
FE Report Nokia and the Center for Cancer Prevention & Research (CCPR) have jointly announced the start of a nationwide breast cancer awareness campaign and free screening programme Sunday. In Bangladesh, CCPR intensified its initiatives to raise awareness about the...
Badiur Rahman has been elected chairman of Al-Arafah Islami Bank Limited for the next one year (October 11, '08 to October 10, '09). He was elected unanimously at the 170th meeting of the board of directors of the bank in...
The quarterly managers' conference and eid reunion of the Premier Bank Limited was held in the city recently, says a press release. Vice Chairman of the board of directors of the bank BH Haroon was present as the chief guest....
A 140-member contingent of the Bangladesh police will join the United Nations peacekeeping mission in East Timor, reports UNB.Of them, the first group of 70 policemen, led by Police Super Tanvir Haider Chowdhury, reached East Timor Friday night by a...
RAJSHAHI, Oct 11 (UNB): The posts of headmaster in 10 secondary schools in Puthia Upazila of the district have been lying vacant since long hampering educational activities.Local Education office said the posts are lying vacant in Pocha Maria High School,...
BRAHMANBARIA, Oct 11 (UNB): The district jail could not be shifted to the newly constructed building, due to shortage of manpower.Prisoners are living in a subhuman condition in the old jail as three or four times more prisoners are living...
JHENIDAH, Oct 11 (UNB): Two terrorists were killed in a shootout with police at Kadamdi in Shailakupa Upazila early Saturday.The deceased were Maruf Hossain (40) of Beparipara in the town and Enamul Haque (38) of Harinarayanpur village in Kushtia Sadar...
Our Correspondent JOYPURHAT, Oct 11: Five persons were killed and 75 others injured in a road accident at Nimtoli of Khetlal Upazila under Joypurhat district Friday night. According to the Joypurhat police, the accident occurred when the driver of a...
MYMENSINGH, Oct 11 (UNB): A man was arrested along with nine and half sacks of rice allocated under VGF programme from Ghoshgaon Bazaar in Dhobaura upazila Friday morning.Local people caught M Mofizuddin (50) of Jigatala village of the upazila when...
PABNA, Oct 11 (UNB):At least 30 people were injured in a clash over a boat race in the Chiknai River at Debuttar in Atghoria upazila Saturday.
DU CorrespondentChairman of Urdu Department of the Dhaka University (DU) Umme Salma passed away Saturday morning at the age of 61 at Apollo Hospital in Kolkata.She was suffering from various ailments, including kidney and heart diseases along with diabetes.Her namaj-e-janaza...
THE government has decided to reduce the prices of petroleum products within next one month under a market-driven price adjustment formula. Though yet to be decided officially, the extent of reduction in fuel oil prices is likely to be well...
Syed Fattahul AlimForeign aid is still a vital input in our national development budget. Even in the current fiscal, out of the Tk 256 billion budget for the Annual Development Programme (ADP), Tk 145.90 billion, which is 57 per cent...
Matthew BenjaminThe global financial crisis is turning into a bigger drain on the U.S. federal budget than experts estimated two weeks ago, ballooning the deficit toward $2.0 trillion. Bailouts of American International Group, Fannie Mae and Freddie Mac likely will...
Munira HosseinA neglected area of law enforcement remains financial crimes. The police can barely tackle the crimes. They are underequipped and lack the training and specialised knowledge to investigate financial crimes. Even the simple financial crimes require special training and...
THE present population of Bangladesh is estimated to be around 150 million people. However, even if the official version of the annual population growth rate at 1.48 per cent is accepted, this population could be an enormous one at 280...
CIVIL servants in our country behave like a privileged hereditary aristocracy. Until retirement they can avoid action for their underperformance or corruption. This has been the case since independence. It is no use to start cases afresh against such offenders...
Maswood Alam Khan from Cockeysville, Maryland, USATHE news of the unprecedented 700 billion US Dollar bailout package in the making seems not working yet to allay fears of bankers to open their loan desks to their customers as usual. Or,...
Eduardo Lizano, Costa Rican economist tells Daniel Zueras of IPS in an interview THE financial crisis in the United States and Europe could cause a fall in Central American exports, tourism, property investments and remittances sent by migrant workers to...
Simon KennedyGroup of Seven (G7) finance chiefs, meeting after stocks plunged and as a global recession looms, vowed to prevent the failure of vital banks while failing to unveil new initiatives for thawing credit markets. "The current situation calls for...
Ron JacksonTrain tragedy example of a growing problem. Cell phone kills 25 people. That may sound like a headline from a checkout counter tabloid. Actually, it's a true story, but it will never be reported that way.Last month in Los...
Thomas Claburn Media companies should invest in describing their content with metadata, to make it discoverable and make it as easy as possible for consumers to engage with, experts suggest. The Internet is going social and that has major implications...
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