TOKYO, Aug 14, (AFP): The euro extended its losses in Asian trade today as markets waited nervously for data that was expected to show a contraction in the eurozone economy, dealers said.The euro eased to 1.4890 dollars in Tokyo afternoon...
BKSP emerged champions in the Dhaka City Corporation Pioneer Football League with a 3-0 win over Rampura Krira Chakra in the final at the Bangabandhu National Stadium in the city Thursday, reports UNB.Dhaka City mayor Sadek Hossain Khoka was the...
BEIJING, Aug 14 : Italian wrestler Andrea Minguzzi won the gold medal here Thursday afternoon in the Olympic men's 84kg Greco-Roman wrestling after a disputed semifinal fight with Swedish Ara Abrahamian.With a brilliant throw of silver medalist Zoltan Fodor of...
The submission deadline of sending the nominations for `Citi Microentrepreneurship Awards 2008' programme has now been extended to August 31, 2008, says a press release.This award has been launched for the fourth time in Bangladesh to recognize and honor leadership,...
FE Report | 2008-08-15 00:00:00
Grameenphone Ltd and Titas Gas Transmission & Distribution Company Limited have jointly launched the BillPay service for easing the payment of gas bills by clients.The new service offers anyone with a Titas Gas connection to pay their bills either from...
HANOI, Aug 14 (AFP): The Vietnamese government has targetted economic growth of seven to eight per cent in 2009 and aims to win its fight against soaring inflation, state media said today.Prime Minister Nguyen Tan Dung yesterday asked officials to...
FRANKFURT, Aug 14 (Reuters): BMW will recall around 150,000 vehicles in North America to fix a possible defect that may keep the front passenger airbag from opening in a crash, the world's biggest premium carmaker said Thursday.The voluntary recall concerns...
KUALA LUMPUR, Aug 14 (Xinhua): Malaysia's advertising market grew 22 per cent during the first half of the year to 2.9 billion ringgit (873.49 million US dollars), driven by strong growth in terrestrial television (TV), point-of-sale, radio and newspapers, local...
FE Report | 2008-08-15 00:00:00
The Half-Yearly Managers' Conference-2008 of IFIC Bank Limited was held at a city hotel recently.The conference was inaugurated by the Chairman of the Bank Mohammad Lutfar Rahman and presided over by the Managing Director Mosharraf Hossain.Directors of the board Abu...
Mahfuzul Haque | 2008-08-15 00:00:00
FROM a city of some two million people at the time of the independence of the country, Dhaka's population has swelled to some 15 million. With four or five million more people by the year 2015, Dhaka is expected to...
FE Report | 2008-08-15 00:00:00
The Bangladesh Bank (BB) has instructed the commercial banks for doubling their paid-up capital and reserve to Tk 4.0 billion from the existing Tk 2.0 billion by August 11, 2011.Of the amount, the paid-up capital must worth a minimum of...
HANOI, Aug 14 (Xinhua): India's Tata Steel, the world's sixth biggest steel maker, and two Vietnamese state corporations will pour 5 billion US dollars into developing a steel complex in Vietnam's central Ha Tinh province, local newspaper Vietnam Economic Times...
Food Ministry Thursday apprised Chief Adviser Fakhruddin Ahmed of the latest position and preparation for launching open market sale (OMS) operation on August 20 to give support to poor and lower-income-group people through sale of essentials at subsidised prices ahead...
TRAVERSE CITY, Michigan, Aug 14 (AFP): Honda Motor expects a strong response to a lower-cost, five-door hybrid vehicle it will launch globally in April, a senior executive said yesterday."We're targeting sales of 100,000 units of this new vehicle in North...
FE Report | 2008-08-15 00:00:00
As Bangladesh has excelled in textiles international efforts are going on to create more skilled manpower and bring technology for the sector to strengthen its market position.Under the direct support from the United Nations Industrial Development Organisation (UNIDO), a German...
Shahjalal Islami Bank Limited (SJIBL) opened its 29th branch (Bhatara branch) at Progati Sarani in the city Thursday. The sponsor shareholder of the Bank Anwer Hossain Khan formally inaugurated the branch as chief guest, says a press release.Anwer said an...
SINGAPORE, Aug 14 (AFP): World oil prices extended their rebound in Asian trade today on data showing a bigger-than- expected decline in US petrol stockpiles during the peak demand season, analysts said.New York's main oil futures contract, light sweet crude...
The government will permit trade union activities to resume on a limited scale in a week, Labour Adviser Anwarul Iqbal said Thursday, reports trade union.Talking to reporters at the labour ministry, the adviser said: "After reintroduction of trade union activities,...
LONDON, Aug 14 (AFP): All rounder Albie Morkel, who sat out South Africa's Test series victory against England, joins the Proteas as they attempt to win the one- day series as well.The 27-year-old watched at home as younger brother and...
An independent study has suggested complete autonomy of union parishad (UP), the lowest tier of local government, by making the local government system independent from the central government, reports BSS.The report of the study entitled "Functioning of Local Government (UP):...
LONDON, Aug 14 (AFP): The head of the Bank of England (BoE) forecast yesterday that Britain faced increased risk of recession with economic growth set to slow further and inflation expected to spike. "It is bound to be the case...
NEW DELHI, Aug 13 (AFP): India's industrial output grew by just 5.4 per cent in June, down sharply from the rate a year earlier, data showed yesterday, in another sign that Asia's third-largest economy is slowing.Experts have forecast economic growth...
The Game Development Committee of Bangladesh Cricket Board (BCB) has decided to organise a spin foundation bowling camp at the indoor facility of Mirpur Sher-e-Bangla National Stadium (SBNS) from August 24-26, reports UNB.In this regard, all the Dhaka Metropolis premier...
FE Report | 2008-08-14 00:00:00
The central bank has recommended reorganisation and restructuring of publicly-owned entities, particularly in transportation and related infrastructure services, distribution of energy products and traditional industrial units."...Efforts are needed to address issues of reorganisation and restructuring of publicly-owned entities extending beyond...
DERA ISMAIL KHAN, (Pakistan) Aug 13 (Agencies); A suspected U.S. missile strike targeting an alleged militant gathering point killed at least nine people, including foreigners, in northwestern Pakistan, military and intelligence officials said Wednesday.At least four missiles struck a compound...
BEIJING, Aug 13 (AFP): World shot-putt champion Reese Hoffa, two-time Olympic runner-up Adam Nelson and world indoor champion Christian Cantwell give Americans hope of a podium sweep Friday in the first Olympic athletics final.Meanwhile Ethiopian runners could dominate the top...
FE Report | 2008-08-14 00:00:00
Warid Telecom signed an agreement with the Internet service provider, Grameen CyberNet Limited (GCL), Wednesday to provide complete telecommunication services under its corporate package.Under the agreement, Grameen CyberNet will enjoy customised call tariff and value added services of the Warid...
TRAVERSE CITY, Mich. Aug 13 (AP): Chrysler LLC Vice Chairman Tom LaSorda said Wednesday his company will invest US$1.80 billion to expand a Detroit assembly plant and retool it to make a new car-based sport utility vehicle.LaSorda said the money...
KARACHI, Aug 13 (APP): Chairman PTA, Dr. Muhammad Yaseen has urged upon ICT Providers to ensure best telecommunication services for their customers and enhance their service quality for customer's satisfaction being most important in this era of competition.Addressing the inaugural...
ISLAMABAD, Aug 13 (APP): Pakistan and United States of America here sought to deepen the US-Pakistan economic partnership and further develop a long-term, broad-based economic relationship that mutually benefits the citizens of two countries.The third Pakistan-US economic dialogue between the...
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