FE Today Logo

Search results for:


China to review Coca Cola bid for juice maker

2008-09-09 00:00:00

BEIJING, Sept 8 (AP) Coca-Cola Company will have to submit its bid to buy a Chinese juice producer for review under China's new anti-monopoly law, state television reported, setting up the first major test of the legislation.brCoca-Cola's $2.5 billion offer...

Taiwan to invest Tk 500m at Comilla EPZ

2008-09-09 00:00:00

Ms. Hun Hsin Textile Co. (BD) Limited, a Taiwan-based company, will set up a textile yarn manufacturing industry at the Comilla Export Processing Zone (EPZ).brThe 100 per cent foreign owned company will invest about Tk 500 million in setting up...

ICB announces NAV of two unit funds

2008-09-09 00:00:00

FE ReportbrICB Asset Management Company Ltd (ICB AMCL), a subsidiary of Investment Corporation of Bangladesh, announced Net Asset Value (NAV) of two of its unit funds.brThe Total NAV of ICB AMCL Unit Fund stood at Tk 69,44,14,942.08 on the basis...

Record number of scrap vessels imported for breaking

2008-09-09 00:00:00

Our CorrespondentbrChittagong, Sept 08 A record number of scrap vessels have been imported and brought to the Sitakunda Ship Breaking Yard. This has created enthusiasm in every yard and at the same time, those concerned with this business are expecting...

PDSCL to help recover loans of Janata Bank

2008-09-09 00:00:00

FE ReportbrPeople's Development Services Corporation Ltd (PDSCL), a private sector loan recovery company, will help recover classified loan of different branches of Janata Bank Ltd.brAn agreement was signed in this connection at the bank's head office in the city Monday....

Lankan gem stones at WETEX

2008-09-09 00:00:00

FE ReportbrA Sri Lankan woman entrepreneur and jewellery designer Ms. Shyamali Kannangara of Moksha Jewels, in association with High Commission of Sri Lanka, has showcased jewellery containing original stones at stall No.14 at the Women Entrepreneur Trade Expo (WETEX), at...

Call rate in rising mood, dollar stable

2008-09-09 00:00:00

FE Report brThe inter-bank call money rate posted slight rise Monday due to high demand for cash. The US dollar, however, remained stable against Bangladesh taka (BDT) in the inter-bank foreign exchange market mainly on sufficient supply of the greenback,...

Malaysian co to upgrade National Bank's card software

2008-09-09 00:00:00

Malaysian company Sungard System Access Malaysia Sdn Bhd will help up gradation of card software of National Bank Ltd, says a press release. brAn agreement in this connection was signed between the two companies in the city recently. brNational Bank...

Asian stocks soar

2008-09-09 00:00:00

TOKYO, Sept 8 (AP) Asian stock markets soared Monday after Washington announced a bailout of mortgage giants Fannie Mae and Freddie Mac - a move that could help bolster a shaky US housing market and renew global investor confidence.brJapan's benchmark...

Origin eyes $8b joint venture with Conoco

2008-09-09 00:00:00

PERTHLONDON, Sept 8 (Reuters) Origin Energy Limited, fending off an $11 billion hostile bid from Britain's BG Group Plc (BG.L), is to spin off its coalbed methane assets into a joint venture with US oil major ConocoPhillips.brOrigin and Conoco said...

European stocks surge

2008-09-09 00:00:00

LONDON, Sept 8 (AFP) European stock markets surged in early trading Monday, mirroring sharp gains won across Asia after the US government seized control of ailing mortgage giants Fannie Mae and Freddie Mac.brIn London the FTSE 100 index of leading...

Eni to buy First Calgary in C$923m deal

2008-09-09 00:00:00

MILAN, Sept 8 (Reuters) Italy's Eni SpA has agreed to buy Canada's First Calgary Petroleums Limited in a cash deal worth C$923 million ($865 million), the latest in a series of acquisitions aimed at boosting its oil and gas reserves.brThe...

Sohel made addl MD of SIBL

2008-09-09 00:00:00

Abu Sadek Md Sohel has been promoted to the post of additional managing director of Social Investment Bank Limited (SIBL), said a press release. brPrior to his promotion, Mr Sohel was the deputy managing director of the same bank from...

Altria Group buys UST for about $10B

2008-09-09 00:00:00

RICHMOND, Va., Sept 8 (AP) Altria Group says it will buy UST for nearly $10 billion in a deal that will give the maker of Marlboro cigarettes access to the smokeless tobacco market.

corporatewatch

2008-09-09 00:00:00

HC stays BB orders on AB Bank Foundation, IFIC sharesbrThe authorities of AB Bank Limited have stated that the High Court (HC) after hearing a writ petition was pleased to issue rule and stayed operation of the Bangladesh Bank (BB)...

China welcomes lifting of nuclear trade embargo on India

2008-09-09 00:00:00

BEIJING, Sept 8 (AFP) China said Monday the lifting of a nuclear trade embargo on India reflected the right of all nations to use atomic energy peacefully, while expressing hope it would help non-proliferation efforts. brThe Nuclear Suppliers Group, which...

Suspected US missile strike kills nine in Pakistan

2008-09-09 00:00:00

DERA ISMAIL KHAN, Sep 8 (AP) Missiles from a suspected U.S. drone aircraft struck a house and seminary linked to a key Taliban commander on Monday, killing at least nine people, officials and witnesses said.brThe explosions occurred in a village...

Georgia seeks emergency decision from World Court

2008-09-09 00:00:00

THE HAGUE, Sep 8 (AP) Georgia accused Russia on Monday of a campaign of harassment and persecution in its two separatist regions and called on the International Court of Justice to impose emergency measures to halt killings and forced expulsions.brBut,...

McCain takes lead over Obama in new poll

2008-09-09 00:00:00

WASHINGTON, Sept 8 (AFP) - US Republican Presidential nominee John McCain took a lead over his Democratic rival Barack Obama after receiving a boost from last week's Republican National Convention, a new opinion poll showed. brThe USA TodayGallup survey, carried...

Manila mulls Muslim rebels could resort to terror

2008-09-09 00:00:00

MANILA, Sept 8(AFP)The Philippines military fears hardline Muslim rebels could resort to terror attacks after a major flareup of a separatist conflict in the south, the armed forces chief of staff said today. brGeneral Alexander Yano said military operations have...

Ike lashes Cuba, weakens to Category 2 hurricane

2008-09-09 00:00:00

CAMAGUEY, Sep 8 (AP)- Hurricane Ike's winds and massive storm surge ripped apart houses and toppled trees Monday as the deadly storm roared across Cuba toward Havana and its historic but decaying old buildings.brForecasters said it could enter the Gulf...

Six Afghan civilians killed in explosion

2008-09-09 00:00:00

KANDAHAR, Sep 8 (AP)- A roadside blast in southern Afghanistan killed six civilians Monday, and a Canadian soldier died in another explosion in the same region, officials said.brThe six civilians, including a woman and a child, died when their private...

Education a must to remove discrimination, corruption CA

2008-09-09 00:00:00

Chief Adviser to the Caretaker Government Fakhruddin Ahmed Monday said the education for all is essential to establish good governance in the country and remove discrimination, corruption and injustice from the society, reports UNB bdnews24.com.brDr Fakhruddin Ahmed made the remarks...

Traders of B'baria observing indefinite strike

2008-09-09 00:00:00

BRAHMANBARIA, Sept 8 (UNB) Traders of nine markets, including the main kitchen market Anondobazar, in the district town have been observing indefinite strike since Sunday to press their several demands.brSources said two groups of traders at Anondobazar kitchen market locked...

One infant dies of pneumonia, 31 others affected in Jessore

2008-09-09 00:00:00

Our CorrespondentbrJESSORE, Sep 8 An infant had died of pneumonia and at least 31 others affected in seasonal diseases across the district in last 24 hours.brThe deceased was identified as 38-day old Sraboni of the district town while some 31...

Jute harvests complete with sizeable yield

2008-09-09 00:00:00

BARISAL, Sept 8 (BSS) Jute harvests in 11 southern districts under Barisal Agricultural Extension Zone (BAEZ) have been completed with production of a sizeable amount of raw jute during the current season.brOfficial sources told the news agency Saturday that farmers...

Moeen distributes relief among flood victims

2008-09-09 00:00:00

FARIDPUR, Sept 8 (UNB) Army chief of staff General Moeen U Ahmed today visited some of the worst flood affected areas of Faridpur and Jamalpur and distributed relief among the destitute.brPointing to the conspicuous absence of the politicians and political...

Wage Board monitoring team visits media houses

2008-09-09 00:00:00

The monitoring team for implementation of the 7th Wage Board Award started visiting newspaper offices to monitor if the journalists and employees are getting the wage board benefits, reports UNB.brPresident of the monitoring team and Director General of Department of...

1,000 sacks of date-expired dates seized

2008-09-09 00:00:00

KHULNA, Sept 8 (UNB) A team of Market Monitoring Committee recovered 1,000 sacks of date-expired dates, worth Tk 2.5 million, from a cold storage in the city's Boyra area Monday.brActing on a tip-off, the team raided Khulna Ice and Cold...

Int'l confce on climate change tomorrow

2008-09-09 00:00:00

An International conference on UK-Bangladesh Climate Change Conference Bangla-desh Facing the Challenge jointly organised by Bangladesh and United Kingdom will be held in London tomorrow (Wednesday), reports UNB.brA 39-member Bangladesh delegation lead by Finance Adviser Mirza Azizul Islam will attend...