JAKARTA, July 5 (AFP): Indonesia has lowered a limit on foreign ownership of cellular operators from 95 per cent to 65 per cent, as part of new restrictions aimed at protecting national security, an official said Thursday. "The move follows...
Jasim Uddin Haroon The utilisation of gantry cranes at Chittagong Port has substantially declined due to delay in despatching export-load containers from private inland container depots to the port. According to an estimate, in May, the four gantry cranes operated...
FE Report The board of directors of the Bangladesh Bank (BB) reviewed Wednesday the refinancing scheme for housing sector and sent back the same to the authorities concerned for further improvement. The board meeting chaired by the BB Governor Salehuddin...
FE ReportShare prices on the Dhaka Stock Exchange (DSE) closed mixed Wednesday amid a declining trend in the total turnover.All Shares Price Index (DSI) and DSE General Index (DGEN) gained by 2.281 points and 1.672 points to close at 1798.868...
FE ReportThe US dollar weakened against the Bangladesh taka (BDT) Wednesday in the inter-bank foreign exchange market although the demand for the greenback was stable, fund managers said.The exchange rate of the dollar against the BDT varied between Tk 68.70...
FE ReportThe Bangladesh Bank (BB) has asked Bangladesh High Commission in London to closely watch the operations of the companies that are engaged in transferring foreign currency to Bangladesh for avoiding any financial scam like the London-based First Solution Money...
Dhaka sought the World Trade Organisation's (WTO) support to secure full market access of Bangladesh's ready-made garments (RMG) products to the markets of the developed countries, which is "crucial" for the country's economy, reports UNB. Foreign Adviser Iftekhar Ahmed Chowdury...
Awami League general secretary Abdul Jalil is retiring from politics, his wife said Thursday. Reading out a written statement of the detained leader before journalists, Rehana Jalil said her husband's life is at stake in the prison. "I have decided...
MIRANSHAH, (Pakistan), July 4 (AFP): A suicide car bomber attacked a Pakistani military convoy in a troubled tribal region bordering Afghanistan Wednesday, killing 11 people including six soldiers, security officials said. The incident comes after clerics at a radical Islamabad...
GAZA CITY, July 4 (AFP): BBC journalist Alan Johnston was freed early Wednesday in Gaza City following an agreement with his kidnappers and was in good health, the Islamist movement Hamas said. Meanwhile, BBC reporter Alan Johnston spoke of his...
MONTREAL, July 4 (AFP): In a medical first, a Canadian mother has frozen some of her eggs so her seven-year-old daughter can give birth should the genetic disorder she suffers from makes her infertile as an adult, a physician said...
DILI, July 4 (AFP): East Timor appeared headed for a coalition government Wednesday with most votes in last week's parliamentary polls counted but no one party set to win the majority needed to govern alone. The likely lack of an...
BAGHDAD, July 4 (AFP): US forces backed by warplanes killed 25 "terrorists" in a three-day operation in Iraq near the restive city of Baquba, the military said Wednesday. The operation was conducted between June 30 and July 2 near the...
NEW YORK, July 4 (Xinhua): A small dose of dark chocolate lowers blood pressure without causing weight gain, according to a new study published in the Journal of the American Medical Association Tuesday. "We found that it's good to eat...
Three Muslims killed in restive Thai south YALA, (Thailand), July 4: Three Muslims, including a female army ranger, were killed in separatist attacks overnight in Thailand's restive Muslim-majority south, police said Wednesday. The 23-year-old ranger was shot dead at her...
FE ReportWhite Shark Communi-cations Ltd (WSCL) will organise a three-day event styled 'Annual Financial Mart' with seminars on functioning of banking, insurance and leasing companies as well as stock and bond markets."Our purpose is to bring the products and services...
HONG KONG, July 4: Asian stock markets rose Wednesday, with South Korea's benchmark KOSPI index hitting a fresh record high after stocks such as Hyundai Motor rose, while broader sentiment was lifted by fresh US takeover talk, according to Internet.Tokyo's...
FE ReportThe seventh annual general meeting (AGM) of South Asia Insurance Company Limited was held in the city recently.Chairman of the company Ghulam Akbar Chowdhury presided over the meeting, said a press release. Among others, directors Anwar Ali Khan, Abu...
LONDON, July 4 (AFP): Europe's main stock markets rose Wednesday on the back of takeover talk in the hotels sector, sparked by a huge private equity-backed deal for US group Hilton Hotels Corpora-tion. Trading remained cautious, however, ahead of Thursday's...
RAJBARI, July 4 (BSS): A three-day "Krishi Prajukti Mela" (Agricultural Technology Fair) will begin tomorrow (Thursday) on the office premises of Rajbari Deputy Director (DD), Department of Agriculture Extension (DAE). Additional Director M Bashir Uddin of DAE will be the...
FARIDPUR, July 4 (UNB): A Tk 191 million (19.1 crore) budget has been announced for Faridpur Pourashava for fiscal 2007-08.Acting Pourashava Chairman Ali Ahsan Kallol formally announced the budget at the Pourashava auditorium Monday night in presence of local elite,...
Our CorrespondentBRAHMANBARIA, July 4: Few ice-cream manufacturers in the district follow hygiene rules. The sub-standard ice-cream produced by the factories is posing health hazards to the consumers particularly the children.According to a source some ice-cream factories were set up in...
DSE halts trading The management of Dhaka Stock Exchange (DSE) halted the trading of the shares of Excelsior Shoes Limited for market enquiry Wednesday. However, in response to a DSE query, the authorities of the company have stated that there...
The caretaker government has taken 'firm' steps to privatise non-profitable state-run companies and other businesses, according to a letter from the Privatisation Commission, reports bdnews24.com.To implement the government efforts, the Privatisation Commission last week sent letters to ministries and divisions...
FE ReportDhaka Bank Limited (DBL) has arranged a syndicated loan of Tk 1.374 billion (137.4 crore) for Faisal Spinning Mills Limited (FSML). An agreement to this effect was signed in the city recently. Bangladesh Textile Mills Association (BTMA) President and...
FE ReportA China-Bangladesh direct road link via Myanmar and India would be very effective for further enhancement of trade relation between the two countries. It was observed at a discussion between the Dhaka Chamber of Commerce and Industry (DCCI) and...
Our CorrespondentCHITTAGONG, Jul 4: Some private inland container depots (ICD) have been defying the directives of the Chittagong Port Authority (CPA) for long, sources said.Charges are even realised twice from the exporters and their representatives for the same work in...
FE ReportFor its high and reliable quality, ScanCement has been chosen by Uttaran Structural Designers Ltd for their construction projects, said a press release. Uttaran Structural Designers has decided to use ScanCement among all other available brands in the market...
FE ReportIn countries like Bangladesh, proper risk analysis for small and medium enterprises (SMEs) is difficult due to lack of organised information on industry, unknown management complexity in assessment of competitive dynamics and less reliable financial data on SMEs. It...
FE ReportGrameenphone Ltd (GP) has recently signed an agreement with Health and Hope Ltd to provide the GP subscribers with special rates on diagnostic services and rooms at Health and Hope Hospital (HHH) at Panthapath in the city.Under the agreement,...
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