WASHINGTON, Aug 7 (AP): The number of newly laid off people signing up for jobless benefits last week unexpectedly climbed to its highest point in more than six years as the faltering economy forced companies to cut back.The Labour Department...
Kuwait's deputy prime minister (DPM) has reassured Dhaka that the honest and hardworking Bangladeshis would not be the victims of deportation owing to the faults of a few compatriots, report UNB and bdnews24.com.The assurance came as Foreign Adviser Iftekhar Ahmed...
ISLAMABAD, August 7 (AFP): Pakistan faced fresh political turmoil Thursday after officials said the country's ruling coalition had agreed to impeach President Pervez Musharraf, a vital US ally in the "war on terror."The agreement came after three days of marathon...
The sixth death anniversary of Al-haj Nehal Uddin Ahmed, a retired deputy finance controller of Army Finance, will be observed tomorrow (Saturday), says a press release.A Doa and Milad Mahfil has been arranged in this connection at his village home...
FRANKFURT, Aug 7 (Agencies): The European Central Bank (ECB) and the Bank of England (BoE) both left their benchmark interest rates unchanged Thursday as they ponder how best to steer their economies between the shoals of mounting inflation and slowing...
NOUAKCHOTT, August 7 (AFP): The new Mauritania junta promised Thursday to quickly hold new elections as it confronted international condemnation of the detention of the west African country's first democratically elected leader.An 11-member Military Council led by General Mohamed Ould...
NEW DELHI, Aug 7 (Reuters): India's headline inflation rate, which is ruling at a 13-year high just below 12 per cent, is expected to fall to below double-digits by the end of the fiscal year, a top government official said...
Our Correspondent | 2008-08-08 00:00:00
CHITTAGONG, Aug 07: A two-day training workshop titled "Social and environmental standards in the RMG industry" for the compliance officials working in different Chittagong-based Ready Made Garments (RMG) factories organised jointly by the Bangladesh Garments Manufacturers and Exporters Association (BGMEA)...
The government will import 200,000 tonnes of urea fertiliser ahead of the Aman cultivation season, reports UNB.The Advisory Committee on Public Purchase Thursday approved a number of procurement proposals in this regard.Besides, the government will import 100,000 tonnes of wheat...
National Polymer recommends | 2008-08-08 00:00:00
18pc cash dividendThe board of directors of National Polymer has recommended 18 per cent cash dividend for the year that ended on June 30, '08. The annual general meeting (AGM) of the company will be held at the National Shooting...
The Supreme Court Bar Association (SCBA) Wednesday accused the administration of caretaker government of dictating to the magistracy and thereby flouting the High Court (HC) orders granting bail to politicians facing corruption charges, reports UNB.At an unplanned press conference, SCBA...
FE Report | 2008-08-07 00:00:00
Dhaka stocks rallied for the second session in a row Wednesday led by insurance, leasing and IT issues with decline in the turnover.Meanwhile, shares trading of all mutual funds, that remained suspended for two days following media reports on the...
FE Report | 2008-08-07 00:00:00
The United Nations World Food Programme (WFP) Wednesday received a US$ 7.9 million contribution from the government of Japan to provide food assistance to Bangladesh's ultra-poor living in areas prone to floods, river erosion, coastal cyclones and tidal surges.WFP will...
FE Report | 2008-08-07 00:00:00
Standard Chartered PLC Wednesday delivered another record performance for the first half year ended 30 June 2008 with operating profit before tax (OPBT) rising 31 per cent to US$2.59 billion and operating income increasing 33 per cent to US$6.99 billion.Normalised...
SYDNEY, Aug 6 (AFP): Australia has launched the most comprehensive review of its tax laws in more than 50 years as it bids to make them simpler and more globally competitive, Treasurer Wayne Swan said today.The government was serious about...
Mobile courts are not liked by the offenders. But to them the penalties are no more than small pinches. As the penalties do not hurt them they continue with the wrong practices to sell substandard or adulterated food and other...
LONDON, Aug 6 (AFP): The Bank of England (BoE) could shock markets with an interest rate hike Thursday to keep inflation in check, despite expectations for no change because of slower economic growth, analysts said.Most economists think the British central...
Awami League's acting general secretary Syed Ashraful Islam Wednesday alleged that BNP is trying to jeopardise the environment of parliamentary polls by stigmatising the local-body elections as an 'election of entente', reports UNB."BNP has also participated in the City Corporation...
FE Report | 2008-08-07 00:00:00
The government has taken a major move to build a buffer stock of foodgrains in the current fiscal as it is set to import 0.2 million tonnes of wheat within the next two months, an official said."While 0.1 million tonnes...
WASHINGTON, Aug 6 (AFP): The Republicans are in the mire over the economy but by staging an election-year clamor for offshore oil drilling, John McCain's party is taking the fight to a suddenly defensive Barack Obama.White House hopeful McCain and...
The private sector in the country has emerged as the main driver of economic growth in the country following the gradual unbundling of the state operated sectors, privatization and greater stimulus given to private entrepreneurs from the mid-seventies. Thus, the...
DU Correspondent | 2008-08-07 00:00:00
A seminar on 'Effective Business Negotiation Skills' was held at the conference hall of Business Studies Faculty of the Dhaka University (DU) Tuesday.DU Marketing Department, Marketers' Association of Bangladesh (MAB) and London Metropolitan University, the UK, jointly organised the seminar...
Amal Roy and Ranjan Ram of NTC moved to the men's singles final of the Dhaka Open Tennis Competition winning their respective semis at the National Tennis Complex in the city, reports UNB.In the semifinals, Amal Roy of NTC beat...
FE Report | 2008-08-07 00:00:00
Warid Telecom Wednesday signed an agreement with BRAC Bank to introduce SMS banking service for its subscribers.Following the signing of the agreement, Warid subscribers, who maintain accounts with BRAC Bank, will be able to get basic banking information on their...
The High Court (HC) Wednesday granted a four-month bail to controversial businessman Giasuddin Al Mamun in four separate extortion cases, reports bdnews24.com.The HC bench of justices Sharifuddin Chaklader and Md Imdadul Haque Azad also put freezes on proceedings of the...
LOS ANGELES, August 6 (AFP): Paris Hilton has thrown her hat into the US presidential race, declaring her desire to campaign against "that wrinkly white-haired guy" and vowing to paint the White House pink if elected.The blond socialite responded to...
DUBAI, Aug 6 (PTI): Non-oil trade between India and Oman is expected to cross USD 2 billion this year, according to Indian Ambassador to Oman Anil Wadhwa.Addressing the third meeting of the recently launched India-Oman Business Forum (IOBF), he said...
SEOUL, August 6 (AFP): US President George W. Bush chided China and North Korea Wednesday on their human rights records but defended his decision to attend this week's Beijing Olympics opening ceremony.The US leader, in a strong message to North...
Shakhawat Hossain | 2008-08-07 00:00:00
The newly launched macro-policy unit under the finance ministry will coordinate with the central bank the adoption and updating of the country's monetary policy.This has been defined in the working schedules of the 'Real and Monetary Sector' wing under the...
BKSP moved to the semifinal of the Pioneer Football League as Group D champions beating Nawabpur KC by 2-0 goals in the day's lone 2nd phase match at the Bir Shrestho Sepoy Mohammad Mostafa Kamal Stadium in the city Wednesday,...
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