FE Today Logo

Search results for:


Air Arabia records 39pc growth in net profit

2008-08-05 00:00:00

ABU DHABI, Aug 4 (Xinhua): Air Arabia, a low-cost airline of the United Arab Emirates (UAE), announced yesterday a net profit of 160 million dirhams (43.6 million US dollars) for the first half of 2008, growing by 39 per cent...

BB continues OD facilities to banks for fuel import payment

FE Report | 2008-08-05 00:00:00

The central bank continues to offer overdraft (OD) facilities to the commercial banks, particularly the state-owned commercial banks (SCB), for settlement of their oil import bills, officials said.Under the move, the Bangladesh Bank (BB) provided OD facilities for US$6.0 million...

BCIC factories reach production targets, earn profits

FE Report | 2008-08-05 00:00:00

Four factories of Bangladesh Chemical Industries Corporation (BCIC) named TSP Complex, Usmania Glass Sheet Factory (UGSF), Bangladesh Insulator and Sanitary Ware Factory (BISF) and Karnaphuli Paper Mill (KPM) achieved their production targets in the financial year (FY) 2007-08 and earned...

Query from China on gas metering system

2008-08-05 00:00:00

This is in response to two articles on gas published in The Financial Express in recent times which I read with avid interest. These articles were headlined as 'Proposed gas price hikes should be rational' and 'Falling gas reserve and...

Navy chief meets Beijing-bound swimmers

2008-08-05 00:00:00

Bangladesh Navy Chief and Bangladesh Swimming Federation President Vice Admiral Sarwar Jahan Nizam Monday met with the two Beijing-bound swimmers at the Naval Headquarters, reports UNB.During the meeting, he urged the swimmers to try their best in the Olympic games...

Mayor hopefuls cite some setbacks

2008-08-05 00:00:00

Mayor hopefuls in four city corporations Monday expressed happiness over the atmosphere during the elections, but some of them said a few setbacks might affect the results, reports bdnews24.com."Voting went on peacefully. But ballot papers were very thin which might...

Call rate eases, dollar stable

FE Report | 2008-08-05 00:00:00

The inter-bank call money rate eased further Monday with improvement in liquidity position. US dollar, on the other hand, remained stable against Bangladesh taka (BDT) in the inter-bank foreign exchange market due to moderate demand for the greenback, fund managers...

City fire kills 10

2008-08-05 00:00:00

Ten people were killed and seven others sustained burn injuries in a devastating fire at Aga Sadek Road in Kotwali thana of the city Sunday midnight, Fire Brigade official said, reports UNB.Police, however, said they recovered nine dead bodies from...

Shipbuilding industry at odds in arranging third party guarantee

Naim-Ul-Karim | 2008-08-05 00:00:00

The country's booming shipbuilding industry is facing hurdles in securing overseas orders as the local enterprises are finding it difficult to arrange third party guarantee from internationally recognised banks as per demand of the foreign buyers, sector insiders said Sunday.They...

Work on KSA-donated housing project starts in Sidr-hit dists

2008-08-05 00:00:00

PIROJPUR, Aug 4 (UNB): Work on the housing project taken up for the four Sidr-stricken districts with the financial assistance of the Kingdom of Saudi Arabia (KSA) government has finally started from Sharankhola Upazila of Bagerhat district.Members of Saudi Relief...

Female voter dies at Sitakundu

2008-08-05 00:00:00

CHITTAGONG, Aug 4 (UNB): Chikdan Priya (60), an old female voter in Sitakundu municipality area, fell sick and died a few minutes after casting her vote Monday.Local people said she was in a queue for long in the sultry weather...

Supreme Court halts Manila's deal with Muslims

2008-08-05 00:00:00

The agreement was meant to formally re-open peace talks to end nearly 40 years of conflict that has killed more than 120,000 people, displaced 2 million, and stunted growth in the region.MANILA, August 4 (Reuters): The Philippines' Supreme Court issued...

Share price plunge triggers violent protest by investors

FE Report | 2008-08-05 00:00:00

The fall of share prices in the Dhaka Stock Exchange (DSE) for the fifth consecutive day Monday sparked a violent protest by the investors.Angered by a lingering bearish spell the investors took to the street at 11-15 am.They shouted slogans...

Dollar dips in Asia ahead of rate decisions

2008-08-05 00:00:00

TOKYO, Aug 4 (AFP): The dollar was softer against the euro in Asia today ahead of interest rate decisions in the US and Europe, as central banks wrestle with weak economic growth and rising inflation, dealers said.The euro rose to...

Islami Bank holds discussion on social research

FE Report | 2008-08-05 00:00:00

A discussion on "Methodology and Techniques of Social Research" under Executive Development Programme organised by Islami Bank Bangladesh Ltd (IBBL) was held in the city recently.Dr Abu Jafar Mohammad Sufian, professor of Management and Marketing, University of Bahrain was the...

Confusion reported over voter serials

2008-08-05 00:00:00

Early reports Monday from polling centres in Barisal, Khulna and Sylhet highlighted confusion among voters and election officials over voter serial numbers, though candidates voiced satisfaction with the election atmosphere, reports bdnews24.com.The correspondents of the agency said the confusion occurred,...

Four players advance to men's singles semis

2008-08-05 00:00:00

Four players advanced to the semifinals of men's singles event of the Dhaka Open Tennis Competition winning their respective quarterfinal matches at the Ramna National Tennis Court Complex in the city Monday, reports UNB.In the day's matches, Amal Roy (NTC)...

Japan PM orders new economic measures

2008-08-05 00:00:00

TOKYO, Aug 4 (AFP): Japanese Prime Minister Yasuo Fukuda today ordered his new economy minister to draw up a package of measures to shore up economic growth and ease the pain of soaring oil prices."As Japan is facing economic difficulties,...

Computerised reservations in 30 more rly stations by Oct

Mahmuda Shaolin | 2008-08-05 00:00:00

Bangladesh Railway (BR) is going to introduce computerised reservations in 30 more railway stations by October this year to improve the efficiency in booking seats.The BR has meantime brought 53 railway stations under computerised networking through the project-Computerised Seat Reservation...

Vulgar CDs openly sold in Ctg city

Our Correspondent | 2008-08-05 00:00:00

CHITTAGONG, Aug 04 : Vulgar CDs are being sold openly in New Market and Agrabad areas of the city. Particularly the students of schools and colleges and youths are the main buyers of these discs, sources said.These CDs with naked...

City Bank holds training on financial analysis, loan structuring

FE Report | 2008-08-05 00:00:00

A second phase training programme on 'Financial Analysis and Loan Structuring' was organised by City Bank in collaboration with 'Amplitude Solutions Ltd' held at Gulshan in the city recently.The training programme was conducted by Johnny Tan, principal trainer of Impact...

SAfrica's Zuma in court for graft trial

2008-08-05 00:00:00

PIETERMARITZBURG, (South Africa), August 4 (AFP): South Africa's ruling party head Jacob Zuma, entered the dock Monday for a long-awaited graft trial which could make or break his chances to become the country's next president.Supporters of the 66-year-old African National...

AKTEL Call Block Service-Another first time service in Bangladesh

FE Report | 2008-08-05 00:00:00

AKTEL, one of the leading mobile service providers of the country, formally launched "AKTEL CALL BLOCK" for the first time in Bangladesh.This new service is now within the reach of all AKTEL customers. This service gives all AKTEL customers full...

Beijing expects no economic downturn after Olympics

2008-08-05 00:00:00

BEIJING, Aug 4 (Xinhua): The economy of Beijing would not experience a big fluctuation or slump after the Olympics, a local official told reporters here Saturday.The expectation of no post-Olympics economic trough in Beijing was a consensus reached among economists,...

Ecuador demands WTO's banana resolution applied by EU

2008-08-05 00:00:00

QUITO, Aug 4 (Agencies): Ecuador will demand the application of the World Trade Organisation (WTO)'s resolution on the access of banana to the European Union (EU), Ecuadorian commercial negotiator Mentor Villagomez said."We will continue with legal actions and we hope...

Hasina's APS rearrested

2008-08-05 00:00:00

Police rearrested Obaidul Moktadir Chowdhury, assistant personal secretary of Bangladesh Awami League chief Shiekh Hasina, from Dhaka Central Jail gate immediately after he was freed from jail Sunday, reports bdnews24.com.Jailer Faruk Hossain told the news agency that Obaidul was released...

Vietnam instructs continued fight against goods, price hike

2008-08-05 00:00:00

HANOI, Aug. 4 (Xinhua): The Vietnamese government has asked relevant ministries, sectors and localities nationwide to continue to take drastic measures to prevent and combat goods speculation and price hike, according to major Vietnamese newspapers today.Prime Minister Nguyen Tan Dung...

Swadhinata KS emerge Group A champions

2008-08-05 00:00:00

Swadhinata Krira Sangha emerged Group A champions of the Dhaka City Corporation Pioneer Football League beating Golam Mostafa Lane Kishore Sangha in a 2nd round match at the Bir Shreshtha Shaheed Sepoy Mohammad Mostafa Stadium at Kamalapur in the city...

Obama leads McCain among low-wage workers: poll

2008-08-05 00:00:00

WASHINGTON, August 4 (Reuters): Democrat Barack Obama holds a two-to-one lead over Republican John McCain among low-wage workers but many are uncommitted to either presidential candidate, to according to a new poll by The Washington Post, the Kaiser Family Foundation...

High prices of medicines

2008-08-05 00:00:00

FOR the past few years, the newspapers and the electronic media have given extensive coverage to the price hike of essentials. We do not understand whether the media thinks that medicine is also an essential item. Otherwise how they could...