FE ReportThe Banani branch of Pubali Bank Limited (PBL) has been shifted to its new premises with a view to providing better services. PBL board of directors Chairman Hafiz Ahmed Majumder inaugurated the new premises as the chief guest Wednesday....
FE Report Increased Bangladeshi exports to the Indian market have contributed to the reduction of Dhaka's chronic trade deficit with New Delhi, a top Indian diplomat said Wednesday."I'm particularly pleased by the sharp increase in Bangladesh's exports to India in...
FE ReportChevron Bangladesh (CB) President Steve Wilson recently handed over a cheque amounting to Tk 19,60,000 to Sylhet Samaj Kalyan Sangstha (SSKS) General Secretary Md Belal Ahmed for construction of two permanent 'Smiling Sun' medical clinics in Habiganj.The clinics will...
SINGAPORE, June 28 (Bloomberg): Asian stocks rebounded from a two- week low, led by energy producers and Japanese exporters, after crude oil prices advanced and the yen halted a three-day climb. Cnooc Ltd., China's largest offshore explorer, gained for the...
FE ReportSandhani Life Insurance Company Ltd signed an agreement with Credit Rating Agency of Bangladesh Limited (CRAB) for credit rating of the company in the city recently.CRAB Managing Director Masihur Rahman and Sandhani Managing Director Ahsanul Islam signed the agreement...
FE ReportAn executive development programme on "Implementation of Credit Risk Management Policy in Banks" was organised by Dhaka Bank Training Institute (DBTI) at its head office in the city recently.A total of 28 executives and officers from different branches of...
FE ReportA workshop on "Understanding UCP 600" of International Finance Investment and Commerce (IFIC) Bank Limited was held at its training academy in the city recently. IFIC Bank Limited Deputy Managing Director Mohammed Abdullah was present at the workshop. A...
FE ReportThe 8th Langkawi International Dialogue (LID)-2007 will be held in Langkawi, Malaysia from 6-8 August to explore possible solutions to human capital development, capacity building and poverty eradication.About 500 participants, including 42 heads of states and governments along with...
Subscription date of Int'l Leasing changesThe subscription date for initial public offering (IPO) of International Leasing and Financial Services Limited has been rescheduled from July 02 to July 08, 2007 for local applicants instead of July 01 to July 05,...
BANGLADESHI expatriates are expected to remit a record $6.0 billion during the outgoing financial year (2006-07). The amount is likely to rise further in the upcoming fiscal as a substantial number of workers are in the process of taking employments...
Syed Ishtiaque RezaBNP Secretary General Abdul Mannan Bhuiyan has placed his 15-point reform package. The reform proposals placed through holding a press conference at his residence is categorically aimed at keeping incumbent partly Chairperson Khaleda Zia out of leadership. BNP's...
By 2025, many countries in Eastern Europe and the former Soviet Union will have populations that are among the oldest in the world, posing a threat to the region's recent economic success if pension and health care reforms are not...
Abdur RahimTHE environmental awareness has been picking up in Bangladesh from the late eighties when a separate ministry of the Environment with the Department of the Environment (DOE) under it, came into being. Later, the environment court was set up...
NONE can support the means that the striking doctors of the BIRDEM hospital have resorted to for realising their demand of extension of work contracts or making their jobs permanent. But none would also support the hospital authorities for adopting...
FOR a personal research purpose, I am collecting information on the first East Bengal film "The Last Kiss" (1931) and an earlier short film "Sukumari" (1928). Both were silent movies - filmed in Dhaka and acted mainly by some amateur...
In May 2005, my father invested all his deposits to book a flat in the "Japan Garden City". At that time, they told us that the probable handover time would be June, 2006. But alas! June 2007 has already gone...
FE Report The renovated pathology department and microbiology and virology services of the Islamia Eye Hospital (IEH) and the MA Ispahani Institute of Ophthalmology were inaugurated Thursday.The renovations were done in collaboration with the High Commission of Pakistan and the...
The monsoon depression over west central Bay and adjoining northwest Bay moved rapidly northwards, intensifying into a deep depression and now lies over northwest Bay and adjoining west central Bay, reports UNB.Until 12 noon Thursday, it was centred at about...
Asia Khatun, mother of Awami League leader Sheikh Fazlul Karim Selim and elder sister of Bangabandhu Sheikh Mujibur Rahman, died of old age complications at Shikdar Medical College Hospital here at 12:45 pm Thursday. She was 89, reports UNB.She left...
Bangladesh and Denmark Thursday signed a Memoran-dum of Understanding (MoU) on a Danish-funded private-sector development programme, reports UNB.The Business-to-Business Programme (B2B programme) is expected to fetch in the coming years funding support to a number of new commercial co-operations worth...
BEIJING, June 28 (CEIS): The Chinese government unveiled two dramatic measures yesterday to solve its economic dilemmas with a massive issue of special treasury bonds to buy its ballooning foreign exchange reserve and cutting the country's longstanding interest tax on...
WASHINGTON, June 28 (AFP): Ten years after playing a controversial role in the Asian financial crisis, the International Monetary Fund (IMF) is now in the midst of its own identity crisis. The six-decade-old institution, which lent over 38 billion dollars...
HONG KONG, June 28 (CEIS): The China Development Bank (CDB) has announced that it will issue 5 billion yuan (about 657 million US dollars) RMB bond in Hong Kong, in a sigh of enhanced economic cooperation between the Chinese mainland...
WASHINGTON, June 28 (AFP): The Federal Reserve concludes a two-day meeting today widely expected to hold interest rates steady and note signs of a rebound in the US economy, despite the persistent slump in housing, analysts say. The Federal Open...
NEW DELHI, June 28 (AFP): India plans an ambitious project to boost flagging agricultural output by 11 per cent over the next four years and reduce the need for imports, a top official said today. Agricultural growth has slipped from...
GENEVA, June 28 (Xinhua): The South Pacific kingdom of Tonga will become the 151st member of the World Trade Organisation (WTO) next month, the Geneva-based organisation said yesterday. Tonga, one of the poorest countries in the world, submitted " its...
TOKYO, June 28 (AFP): Japan's plants and factories cut their output unexpectedly in May for a third straight month, the government said today, adding to jitters over the impact of the slowing US economy. The government downgraded its assessment of...
KATHMANDU, June 28 (Xinhua): Nepal has managed to post an encouraging growth in remittance, but a closer look at the receipts show that earnings of average Nepalis working overseas has dwindled drastically over the past one decade. Data of ministry...
SEOUL, June 28 (AFP): Workers at South Korea's top automaker Hyundai Motor launched a partial strike today to join an industry-wide walkout in protest at a free trade agreement with the United States. "Our assembly lines remained crippled from 1:00...
Deputy Managing Director of United Commercial Bank Ltd (UCBL) Niaz Habib inaugurated a workshop on "UCP 600 and Foreign Exchange Management" at its training institute in the city recently.Officers and executives of UCBL participated in the workshop. BIBM Professor and...
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