BUENOS AIRES, July 3 (AFP): Argentina's powerful First Lady Cristina Fernandez de Kirchner, 54, heads to the October 28 presidential election as the clear favorite to replace her husband, Nestor Kirchner, as head of state. "We are in the presence...
COLOMBO, July 3 (AFP): Sri Lankan soldiers killed four suspected Tamil Tiger rebels as fresh fighting flared in the island's troubled northern district, the defence ministry said Tuesday. Security forces confronted a group of rebels late Monday along a de...
SINGAPORE, July 3 (AFP): Oil prices fell in Asian trade today on profit-taking but the dip was likely to be brief amid strong concerns over low US gasoline (petrol) supplies, dealers said. New York's main contract, light sweet crude for...
TOKYO, July 3 (AFP): The WTO's Group of Ten (G10) food importing countries, including Japan, have calling for wider participation in the stalled Doha round of trade liberalisation talks on agricultural issues, a key sticking point. The G10 countries want...
FE ReportMercantile Insurance will give 10 per cent dividend to its shareholders for the year that ended on December 31, 2006. It was approved at the 11th annual general meeting of Mercantile Insurance Company Limited held at Engineer's Institution in...
TEHRAN, July 3 (AFP): The world's fourth biggest oil producer Iran has successfully reduced petrol consumption after implementing a rationing scheme over angry protests, press reports said yesterday. "Petrol consumption has been down by six million litres per day and...
YANGON, July 3 (Xinhua): Brunei's recent tariff exemption on hundreds of items of products imported from Myanmar has shown a sign of boosting textile production in northern part of Myanmar, the local news journal Pyi Myanmar reported today. The textile...
VIENNA, July 3 (Xinhua): The Organisation of Petroleum Exporting Countries (OPEC)'s weekly average crude oil prices stood at 67.49 US dollars per barrel, down 0.25 dollars from this year's record high registered in the previous week, the cartel's secretariat said...
The country's steel and re-rolling millers Tuesday threatened to raise MS rod price by Tk 5,000 to 7,000 per tonne, if their demand for withdrawal of 10.0 per cent duty on import of melting-scrap and other chemical materials, used in...
Korean company M/s Kosh Industrial (BD) Limited will set up a garments accessories manufacturing industry in the Karnaphuli Export Processing Zone (KEPZ) with an investment of US$ 8.0 million, reports UNB.The 100 per cent foreign owned company will manufacture 160...
FE ReportStandard Chartered Bank (Taiwan) Monday announced plans to upgrade 62 of its branches at a cost of more than $50 million (5.0 crore) to provide international-standard services to its customers.The decision came after the integration of Hsinchu International Bank...
BRAHMANBARIA, Jul 3 (UNB): Ashuganj Zia Fertiliser Factory failed to reach the production target during the last fiscal due mainly to frequent operation suspension.Official sources said operations in the 26 year-old fertiliser factory had been suspended 22 times during the...
FE ReportAn agreement was signed between Prime Bank Ltd (PBL) and Dutch-Bangla Bank Ltd (DBBL) for sharing ATM and POS networks of DBBL. PBL Managing Director (MD) M Shahjahan Bhuiyan and his DBBL counterpart Md Yasin Ali signed the deal...
FE ReportExport Import (EXIM) Bank of Bangladesh Ltd, a leading private commercial bank in the country, has distributed scholarships among the poor and meritorious students of Jessore region as part of its corporate social responsibility (CSR). The scholarship distribution programme...
FE ReportIslami Bank Foundation (IBF), a subsidiary organisation of Islami Bank Bangladesh Limited (IBBL), organised a scholarship awarding ceremony for the selected students of Scholarship 2007 in the city Tuesday. Bangladesh Bank Governor Salehuddin Ahmed was present in the programme...
FE ReportThe Bangladesh Insurance Association (BIA), the apex body of the private sector insurance companies, has recently nominated its executive committee Member Abdul Matlub Ahmad, also the chairman of Nitol Insurance Company Ltd, to represent BIA as director in the...
Our Correspondent SIRAJGANJ, July 3: Local people have made a call to the government to make the BSCIC area in the district pollution-free as stagnant toxic water released from different factory units in the BSCIC compound has been polluting environment...
Our CorrespondentNILPHAMARI, July 3: Cassia leaf production is gradually declining across Nilphamari in spite of a bright prospect of its cultivation in the area. Sources said, a huge area of uncultivable land remains unutilised for years beside the roads, canals,...
Our Correspondent BRAHMANBARIA, July 3: Untreated waste released from the industrial estate in Brahmanbaria is polluting the environment and damaging croplands in a vast area.A team led by local union parishad Chairman Mubarok Munshi submitted a memorandum to the deputy...
FE ReportThe New Market branch of Islami Bank Bangladesh Limited (IBBL) was inaugurated at Boalia in Rajshahi city Thursday as its 177th branch. An inaugural function was organised at Chamber Bhaban in the city on the occasion where Rajshahi Divisional...
FE ReportHRC Group Chairman and CEO Sayed Hossain Chowdhury inaugurated the HRC Garden Tea and distributed awards to the distributors at distributors' conference and Garden Tea launching programme in the city recently. Senior Deputy General Manager (Marketing) Abu Sayed Raja...
LONDON, July 3 (AFP): Europe's main stock markets rose strongly in early trading Tuesday, with Frankfurt's DAX spiking back above 8,000 points after a rally by Wall Street overnight. London's FTSE 100 index of leading shares rose 0.66 per cent...
FE ReportMeghna Life Insurance Company Limited declared recommendation of 12 per cent dividend for its shareholders, said a press release. The decision was taken in a meeting of the board of directors of the company. Nizamu-ddin Ahmed, chairman of the...
FE ReportSohail RK Hussain recently joined The City Bank Limited as deputy managing director (DMD), said a press release. Before joining The City Bank, he looked after corporate banking, small and medium enterprise (SME) and treasury of Eastern Bank Limited...
PARIS, July 3 (AFP): New shares in the restructured operator of the Channel tunnel rail link between Britain and France, Groupe Eurotunnel, fell by more than 41 per cent Monday on the first day of trading. The company announced last...
LONDON, July 3 (AFP): Anglo-Australian mining group Rio Tinto said Tuesday that it planned to invest US$1.8 billion (1.3 billion euros) to expand its aluminium plant in the northeastern Australian state of Queens-land. The world's second-largest mining group said the...
SEC issues show cause to cos, menThe Securities and Exchange Commission (SEC) has issued show-cause cum hearing notice to Sonar Bangla Insurance Limited, Petro Synthetic Products Limited and BEMCO Limited, their directors, managing directors and company secretaries in connection with...
International Leasing and Financial Services LimitedNature of Business Lease Finance and Term Finance Subscription Opens July 02, 2007Subscription Closes July 08, 2007Subscription for NRB July 02, 2007 to July 17, 2007Offer Price (Tk.) 225.00 (including premium of Tk. 125)Face Value...
Bangladesh slumped to their lowest Test total on the first day of the second Test against Sri Lanka in Colombo, reports BBC. Six batsmen fell for single-figure scores before lunch with paceman Lasith Malinga (4-25) and spinner Muttiah Muralitharan (4-14)...
MARACAIBO, Venezuela, July 3 (AFP): Juan Roman Riquelme's first-half double fired Argentina into the quarter-finals of the Copa America with a 4-2 win against 10-man Colombia Monday. Edison Perea handed Colombia the lead but Hernan Crespo's penalty kick and Riquelme's...
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