FE Report | 2008-07-18 00:00:00
The central bank has unveiled Thursday its half-yearly monetary policy which envisaged higher economic growth through continued expansion of credit to the productive sectors while keeping inflationary pressures under control.The Bangladesh Bank (BB) also sees several downside risks for implementation...
Farhan Bokhari | 2008-07-18 00:00:00
FT Syndication ServiceISLAMABAD: Pakistan International Airlines (PIA) plans to ask the government to assume all of its debts stemming from losses over the past three years in return for taking control of a global portfolio of the state-owned carrier's properties...
Bangladesh Foreign Exchange Dealers' Association (BAFEDA) recently organised a workshop on "Role of Commodity Derivatives in Financial Risk Management" for the member banks in its conference room at Eastern Commercial Complex at Kakrail in the city, said a press release.Bangladesh...
FE Report | 2008-07-18 00:00:00
The 20th annual general meeting (AGM) of Rupali Insurance Company Limited for financial the year 2007 was held at Pan Pacific Sonargaon in the city Wednesday.Rupali Insurance Chairman Mostafa Golam Quddus presided over the meeting attended by a large number...
Chief Adviser (CA) Dr Fakhruddin Ahmed has asserted that the country would be able to achieve its missions of eradicating poverty, making life easier and ensuring socio-economic progress in all fields as the country has got examples that it can...
SINGAPORE, July 17 (AFP): No Asian team has won the football gold medal since the sport was included in the Olympics 100 years ago, and barring an upset they will struggle to breakthrough in Beijing.Regional sides have had some success...
US-led coalition forces in Afghanistan have killed eight civilians during an air strike targeting insurgents, according to the US military, BBC reports.Two others were wounded in the bombing in western Farah province on Tuesday, the military said in a statement....
Prof Rahim B Talukdar, vice-chancellor of Eastern University (EU) Thursday left Dhaka for Hydrabad, India, to attend the meeting of South Asian Quality Assurance and Accreditation System (SAQS) accreditation awarding committee meeting, said a press release.This accreditation is given by...
Iranian FM arrives in Syria for talks with AssadDAMASCUS, Jul 17: Iran's foreign minister is likely to talk with Syria's president about Tehran's disputed nuclear programme. Manouchehr Mottaki said on arrival Thursday that he will discuss the "latest Mideast developments"...
FE Report | 2008-07-18 00:00:00
The inter-bank call money rate marked slight rise Thursday although the central bank used its tools to maintain stability in the market. The US dollar, however, remained stable against Bangladesh taka (BDT) in the inter-bank foreign exchange market due to...
Islami Bank Bangladesh | 2008-07-18 00:00:00
EGM on August 29An extra-ordinary general meeting (EGM) of Islami Bank Bangladesh Limited (IBBL) will be held on August 29, 2008 at 9:00am to amend memorandum and articles of association of the bank regarding increase of the authorised capital of...
LONDON, Jul 17(AFP):The United States will announce in the next month plans to establish a diplomatic presence in Iran for the first time in 30 years, London's Guardian newspaper said today.The administration of President George W. Bush plans to establish...
The Anti-corruption Commission (ACC) is going to press charges against former IFIC Bank director and vice chairman of Beximco Holdings Limited Salman F Rahman and five others in a case filed for allegedly misappropriating a bank loan of Tk 1.38...
The caretaker government Thursday issued an order releasing Arafat Rahman Koko on parole for two months for his medical treatment, report UNB and bdnews24.com.The order from the Ministry of Home Affairs said Koko, detained ex-premier Khaleda Zia's younger son, was...
Noa Cohen from Tel AvivETHIOPIAN Jews had since ancient times harboured the dream of returning to their 'homeland' - Jerusalem. In the 20th century, this dream was realized. Ethiopian Jewish immigrants came to Israel in large numbers in two major...
FARNBOROUGH, England, July 17 (AFP): Asian airlines took the limelight at the Farnborough air show yesterday, awarding the main order of the day worth some 7.2 billion dollars to European manufacturer Airbus.Airbus said Asiana Airlines of South Korea will buy...
M Abdul Kabir | 2008-07-18 00:00:00
FEDERATION of Rhodesia and Nyasaland in South East Africa, 1953-63, comprised the self-governing British colony of Southern Rhodesia and the British protectorates of Northern Rhodesia and Nyasaland. The capital was Salisbury (now Harare) in Southern Rhodesia. The federation, also called...
LEEDS, England, July 17(AFP): South Africa coach Mickey Arthur says his team will live up to its billing as world No 2 when they face England in the second match of their four-Test series at Headingley Friday.For the first three...
ANY sensible person, on surveying the conditions for the private sector in Bangladesh, would realise that the monetary and fiscal policies of the country are yet to be geared up adequately in the interest of its development under the private...
KUALA LUMPUR, Jul 17 (AP) : Malaysia's ruling party launched a first round of meetings Thursday to determine whether it will keep Prime Minister Abdullah Ahmad Badawi as party chief after recentelectoral losses.About 19,000 branches in the United Malays National...
Riding on an unbeaten ton by J Allenby, English county side Leicestershire declared their 1st innings at 354 for 4 in 90 overs at stumps on the first day of the 3rd three-day match against visiting Bangladesh A at Grace...
The government warned Thursday of stern legal action against the Bangladeshi workers who fled from their work places in Romania and their guarantors, reports UNB.An Expatriate Welfare and Overseas Employment Ministry press release noted with concern that a number of...
A Correspondent | 2008-07-18 00:00:00
JOYPURHAT, July 17: With bumper production, arum lobe farmers in Joypurhat have been hostage to unscrupulous middlemen owing to lack of adequate storage facility and alternative market.Arum lobes have been a profitable produce for the local farmers since long. But...
SINGAPORE, July 17 (AFP): Volatile world oil prices edged up in Asian trade today after sharp falls on a bigger-than- expected rise in US crude reserves, analysts said.New York's main futures contract, light sweet crude for August delivery, had dropped...
WELLINGTON, July 17(AFP): New Zealand Cricket (NZC) today launched a worldwide search for a new national coach to replace John Bracewell who is returning to England.Bracewell has said he will not look to renew his New Zealand contract when it...
SYDNEY, July 17 (AFP): Cricket Australia (CA) said today it knew nothing about reports that a team from Down Under was set to be part of a new Twenty20 competition in England.Plans for an English Premier League (EPL) to begin...
Apollo Hospitals Dhaka (AHD) has earned accreditation from Joint Commission International (JCI), the worldwide leader in improving the quality of healthcare. The hospital earned this prestigious accreditation the first time in Bangladesh.To provide the best possible care and to maintain...
Bangladesh Thursday urged India to reduce huge trade deficit of nearly $2.0 billion by way of allowing greater access of Bangladeshi products to the Indian market, reports UNB from New Delhi.The two countries opened talks on wide agenda, ranging from...
FE Report | 2008-07-18 00:00:00
The Ministry of Commerce Thursday said there is no reason for prices of essential commodities to rise during upcoming Ramadan, as the stock and supply position are adequate enough to face additional demand in the holy month.The ministry made the...
Vanessa Houlder | 2008-07-18 00:00:00
THE distinction between "offshore" and "onshore" financial centres has been dropped by the International Monetary Fund (IMF), in a victory for more than 40 small countries that complained they had been unfairly stigmatised in the fight against financial crime.The IMF...
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