Our CorrespondentCHITTAGONG, June 20: The 3rd convocation of the University of Science & Technology, Chittagong (USTC) will be held on the university campus today (Thursday).President and USTC Chancellor Iajuddin Ahmed will preside over the convocation function. Wednesday’s preparatory meeting was...
MUNSHIGANJ, June 20 (UNB): Three persons of a family were killed and four others injured when a microbus rammed into roadside trees at Bhaberchar in Gazaria Upazila Wednesday afternoon.The police said the driver lost his control over the vehicle after...
Bangladesh and Bahrain agreed to sign three agreements soon to boost bilateral trade and economic cooperation.Besides, Dhaka also expects to send more skilled and semi-skilled workforce to the Gulf state where some 75,000 Bangladeshis are now working.The understanding was reached...
Our CorrespondentCHITTAGONG, Jun 20: The 16th annual general meeting (AGM) of Confidence Cement Limited (CCL) was held on its factory premises in Madambibir Hat area of Sitakunda Upazila in the district Monday.CCL Managing Director Rezaul Karim presided over the AGM,...
FE ReportHongkong and Shanghai Banking Corporation (HSBC) Limited in Bangladesh opened a new customer service centre on BFC premises at Gulshan in the city recently.Opex Group Chairman and former BGMEA president Anisur Rahman Sinha inaugurated the centre while HSBC Bangladesh...
FE ReportNational Credit and Commerce Bank (NCC Bank) Limited and Bangladesh Rural Advancement Committee (BRAC) recently signed a term loan agreement. NCC Bank Managing Director Md Nurul Amin and BRAC Director (Finance) SN Kairy signed the agreement on behalf of...
FE ReportBanglalink recently sponsored the beautification programme of Rajshahi city. Banglalink CEO Rashid Khan inaugurated the launching ceremony of the programme at the city's Shaheb Bazar Alupotty More Tuesday. A number of distinguished guests, journalists of different print and electronic...
FE ReportBetter corporate governance and Corporate Social Responsibility (CSR) are key to protecting the interests of the stakeholders of the corporate sector and strengthening the role of the corporate houses in social welfare, a journalists' orientation session was told Wednesday.It...
FE Report The Rangpur Foundry Limited (RFL) approved 16 per cent dividend for its shareholders for the year 2006. This was approved by its shareholders at the 27th annual general meeting (AGM) of the company at National Shooting Complex, Gulshan...
FE ReportMd Nurun Newaz Selim has been elected chairman of Central Insurance Company Ltd (CICL) in a recent meeting of the company's board of directors. Selim is a sponsor director of NCC Bank Limited, chairman of Electro Mart Ltd and...
FE ReportThe staff of Commercial Bank of Ceylon Limited's (CBCL) Chittagong branch donated relief materials for the victims of flood and landslide at Chittagong recently.CBCL Chittagong branch DGM A Nandy handed over the relief items of the bank's Combank Sports...
FE ReportThe Investment Corporation of Bangladesh (ICB) has recently announced the net asset values (NAV) of its eight mutual funds' certificates, based on market prices at the close of business operation on May 31. The NAV per certificate of First...
The designation of BRAC Enterprises managing director Mohammad A (Rumee) Ali was mistakenly printed as the managing director of BRAC Bank in a news item published in the June 18 issue of the FE under the headline "New Banking Products...
Purchase/ sale of director's sharesNCC Bank: Aslam-ul-Karim, one of the directors of National Credit and Commerce (NCC) Bank Limited, has stated his willingness to sell 5,000 shares out of his total holdings of 200,946 shares of the bank while Khondkar...
Phoenix Finance and Investments Limited Nature of Business Lease Finance and Term Finance Subscription Opens June 24, 2007 Subscription Closes June 28, 2007 Subscription for NRB June 24, 2007 to July 07, 2007 Offer Price (Tk.) 100.00 Face Value (Tk.)...
Bangladesh 'cheapest place' for investment in AsiaFE Report The cost of investment in Bangladesh is falling, although some hidden expenses threaten to erode the country's competitiveness, a new survey reveals. The 17th survey of investment-related cost comparison said Bangladesh has...
Refayet Ullah MirdhaThe Bangladesh Rifles (BDR) started Wednesday selling of vegetables in the city to bring down their prices that rose in the wake of monsoon.BDR sources said members of the BDR are selling vegetable items in the city in...
Shakhawat HossainThe European Commission (EC) has imposed a ban on export of old ships from its member states to Bangladesh, which largely depends on scrap steel to run hundreds of re-rolling mills, official sources said.The sources said the news on...
Shahiduzzaman KhanGlobal aid scenario has undergone a thorough change in recent times. Development partners are now unwilling to offer generous assistance as grant. Rather, they offer credit, often tied with harsh, undignified conditionalities.The world is no more divided into two...
FE ReportThe country achieved its Boro production target this season despite losses caused by growth of cheeta (grainless paddy) in several districts.Sources at the Department of Agricultural Extension (DAE) told the FE that the Boro output across the country was...
The Anti-Corruption Commission (ACC) has filed 28 First Investigation Reports (FIR) against 27 out of 50 suspects who had been asked, in the first phase, to submit their wealth statements to ACC, reports BSS. According to the ACC sources, in...
CHITTAGONG, June 20 (UNB): Army Chief General Moeen U Ahmed Wednesday appreciated the role of army at the present crucial moment of the nation and called upon them to stay ready even for the supreme sacrifice to safeguard the country's...
BNP chairperson Khaleda Zia Wednesday said the party would be reformed in line with the opinions of all leaders and workers, reports bdnews24.com The process will take off once the ban on indoor politics is lifted, Khaleda told reporters after...
Awami League presidium member Amir Hossain Amu said Wednesday the party working committee and the council would decide on its future policies, according to UNB/bdnews24.com.Returning from Singapore after medical treatment, Amu said Awami League is a democratic party and is...
S M JahangirThe government in cooperation with the multilateral funding agencies has speeded up the process of implementing the medium-term reforms programme in the country's power sector.A meeting was held Wednesday between the Power Division and the World Bank to...
Roula Khalaf, FT Syndication ServiceAs allegations that Saudi Arabia's Bandar binSultan was paid $1.0bn (£506m) from Britain's biggest weapons contract reverberated around the world, the wily, flamboyant man was nowhere to be found. He dropped out of sight weeks before,...
S M JahangirThe National Board of Revenue (NBR) is taking steps to recoup the possible revenue losses that might be caused due to the proposed enhancement of income-tax exemption limit.The government has proposed to raise the tax-exempted income limit for...
M Azizur RahmanThe World Bank (WB) is set to provide US$ 275 million (27.5 crore) for installation of a 300 mega-watt (MW) gas-fired peaking power plant at Shiddhirganj in Narayanganj to ease the countrywide nagging electricity crisis.Sources said the International...
Bangladesh Bank (BB) is expected to announce a tight monetary policy early next month, a senior official said Wednesday, reports bdnews24.com."We expect to make an official announcement by July 7. There will be no major shift from our present stance...
From Fazle RashidNEW YORK, June 20: The European Union (EU) which turns 50 tomorrow is mired in a mid-life crisis. Its biggest problem is economic, wrote a British analyst. Paralysed by the rejection of its constitution by France and the...
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