The half-yearly conference of Bank Asia was held Wednesday. The conference reviewed the Bank's performance and activities in different sectors, says a press release.Chairman of the Bank Anisur Rahman Sinha inaugurated the conference as the chief guest. Vice chairmen M...
FE Report | 2008-07-23 00:00:00
The average price of tea dropped by around Tk 10 a kilogram (kg) in its weekly auction Tuesday in Chittagong mainly due to rise in supply, brokers said.The prices of tea ranged
The High Court (HC) Tuesday granted bail to Giasuddin Al Mamun, friend of former premier Khaleda Zia's son Tarique Rahman, in a case involving charges of not submitting the wealth information, reports bdnews24.com.Justice Abdul Awal of the High Court Division...
FE Report | 2008-07-23 00:00:00
The 29th branch managers' conference of Al-Arafah Islami Bank Limited (AIBL) was held at a city hotel recently.AIBL board of directors Chairman Md Anowar Hossain inaugurated the conference as the chief guest.AIBL board of directors members Nazmul Ahsan Khaled, Abdul...
FE Report | 2008-07-23 00:00:00
The Securities and Exchange Commission (SEC) has approved the close-end mutual fund rules, restricting the funds from the issuance of preemptive rights or bonus shares to their unit holders."The commission has endorsed the mutual fund rules revision and the decision...
A three-day 'Non-Lethal Weapons Executive Seminar (NOLES)' began in the city Tuesday with participation of the United States and 13 Pacific countries, aiming to arm military personnel with latest techniques of dealing with matters of war and peace, reports UNB.Chief...
FE Report | 2008-07-23 00:00:00
M Wahidul Haque and Sajedur Seraj have been elected chairman and vice chairman respectively of AB Bank Limited.M Wahidul Haque holds Bachelor's degree in Arts as well as in Law. Currently the Managing Director of Deundi Tea Company (UK) Limited....
MANILA, July 22 (AFP): The Asian Development Bank (ADB) said today it has cut its 2009 growth forecast for the region's developing economies to 7.6 per cent, citing tighter credit and soaring food and energy costs.The bank trimmed its previous...
LONDON, July 22 (UNB): Awami League (AL) President and former Prime Minister Sheikh Hasina, now abroad on interim release for treatment, renewed her demand for holding general elections first ahead of Upazila elections as per Constitution.She renewed her demand while...
FE Report | 2008-07-23 00:00:00
Pubali Bank organised a two-day orientation course for newly recruited 225 officers at the bank's auditorium.Pubali Bank Chairman Hafiz Ahmed Majumder was present as chief guest at the inaugural session of the course Tuesday presided over by Managing Director Helal...
NEW DELHI (Reuters) - Indian Prime Minister Manmohan Singh's government won a vote of confidence in parliament on Tuesday, ensuring the immediate survival of the ruling coalition and a civilian nuclear deal with the United States.Earlier the opposition demanded the...
KATHMANDU, July 22 (AFP): Nepal's Maoists said Tuesday they would not form the Himalayan nation's first post-royal government after the defeat of their candidate for president, setting off a new political crisis here.The former rebels' decision, seen as a blow...
SINGAPORE, July 22 (AFP): ASEAN held crisis talks with member states Thailand and Cambodia Tuesday but failed to defuse a military standoff which is threatening to escalate into an unprecedented test for the regional bloc.The unscheduled talks took place behind...
GUANGZHOU, China, July 22 (AFP): Chelsea captain John Terry admitted he was still haunted by his horror penalty miss in the Champions League final as he gears up for the new season here.Terry, who will lead Chelsea against Guangzhou Pharmaceutical...
GENEVA,July 22 (AFP): The United States offered Tuesday to cut official aid to its farmers by 2.0 billon dollars a year in a bid to spur movement at WTO trade talks but found no support from key player Brazil."Nice try,"...
KHULNA, July 22 (UNB): Sushasoner Jonno Nagorik (Sujon) general secretary Badiul Alam Mazumder Tuesday said many identified criminals and killers have become candidates for the upcoming election to city corporations and municipalities."So, it is apprehended that the reform work undertaken...
FE Report | 2008-07-23 00:00:00
A workshop titled 'sound feasibility studies-benefits for banks and financial institutions',arranged by Young Consultants was held in the city recently.A total of 25 officials attended the workshop where emphasis was given on proper analysis of feasibility studies.Managing director of SABINCO...
United Insurance Company Limited earned a pre-tax profit of Tk13.68 million in the first half of this year compared to Tk10.53 million during the corresponding period of the last year, says a press release.This was disclosed at the 153rd board...
BRASILIA, July 22 (AFP): Inflation in Brazil is expected to heat up to 6.53 per cent this year, a central bank survey of economists showed yesterday, a figure uncomfortably above the government's target of 4.5 per cent.The projection was also...
KARACHI, July 22 (AFP): The International Cricket Council will decide tomorrow (Thursday) whether Pakistan can host the Champions Trophy in September amid security fears in the country.A teleconference of the ICC executive board "will take place Thursday to take a...
The zonal round of the Spectra Group National Women's Kabaddi Competition, organised by Bangladesh Kabaddi Federation, began Tuesday at four separate venues across the country with eight teams reaching the zonal final round, reports UNB.At Jessore venue, Narail DSA beat...
Siddique Islam | 2008-07-23 00:00:00
The central bank will soon issue a rule allowing the commercial banks to appoint two directors from among the depositors in line with the existing Bank Companies Act."We'll issue a rule in a day or two to appoint two directors...
Our Correspondent | 2008-07-23 00:00:00
NILPHAMARI, July 22: Farmers of Panchagarh district are successfully cultivating summer tomato in their high lands for the last few years. But this year tomato cultivation, both in quality and quantity, has increased substantially.Sources said they have commercially cultivated tomato...
The Hong Kong and Shanghai Banking Corporation (HSBC) Limited has appointed Mr Sanjay Prakash the chief executive officer (CEO) of the bank in Bangladesh, says a press release.He will replace Mr Steve Banner, who will move on shortly to assume...
Patrick Messerlin | 2008-07-23 00:00:00
Two dangerous prejudices are threatening the critical meeting of trade ministers at the World Trade Organisation that is taking place in Geneva.The first is the view that the Doha round would bring small benefits - merely $50bn (
Our Correspondent | 2008-07-22 00:00:00
BRAHMANBARIA, July 21: Milk production has sharply fallen in all the eight upazilas of the district.According to sources, the production of milk has come down sharply due to rapid decline in the number of milk cows.The poor cultivators of the...
Holcim Bangladesh Ltd, a leading cement company in the country, has received the Financial Mirror-Robintex Business Award 2007-2008 as the best multinational company in cement industry.The award giving ceremony was held at the China-Bangladesh Friendship Conference Centre in the city...
AGRA, (Internet): The rural employment scheme is certainly picking up steam in India's most populous state of Uttar Pradesh, if the labour shortage for construction and industrial work in Agra district is anything to go by.The national rural employment guarantee...
Bangladesh Krira Shikkha Protishthan (BKSP) maintained their supremacy in the Keya Cosmetics 24th National Age Group Swimming securing 15 gold, 11 silver and 4 bronze medals on the 2nd day of the three-day meet at the National Swimming Complex at...
French President Nicolas Sarkozy is starting an official visit to Ireland to discuss how to proceed after the Irish rejection of the Lisbon Treaty, BBC reports.He will meet Taoiseach (Prime Minister) Brian Cowen during the trip, which is expected to...
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