Bangladesh Football Federation (BFF) sought a technical director from AFC to bring professionalism in the country's football, reports UNB.BFF chief Kazi Salahuddin, who returned home from Malaysia after attending the AFC Audit Committee meeting, told reporters Wednesday that he had...
The World Bank has approved two new projects to benefit poor families affected by last year's cyclone Sidr, vulnerable children in urban slums, and people with disabilities in Bangladesh, reports UNB.An amount of US$50 million in additional financing for the...
FE Report | 2008-07-03 00:00:00
Mr. A.S.M. Khairuzzaman joined Dhaka Stock Exchange (DSE) Limited as its Chief Technology Officer Tuesday.Prior to join the new post, he served as General Manager and Head of ICT of DSE since March, 2000.As a professional Mr. Khairuzzaman visited and...
WASHINGTON, July 2 (PTI): The impact of surging food and fuel prices being felt globally is "not so big" in India but it needs to tighten its monetary policy, the International Monetary Fund (IMF) has said as it warned that...
Chief Adviser (CA) Dr Fakhruddin Ahmed Wednesday directed the authorities concerned to immediately find out a short-term solution to gas and electricity problem, as both are in short supply, reports UNB.He stressed enhancing the volume of gas lifting from Bibiana...
DUBAI, July 2 (AP): An agreement in principle is believed to have been reached to change the result of the controversial Oval Test between England and Pakistan in 2006 from an English victory to a draw, following pressure from the...
FE Report | 2008-07-03 00:00:00
RB Group, manufacturer of Walton brand goods, has offered 20 per cent discount on its FC -ID5 model freezer across the country in a bid to meet customer satisfaction."Customers would get one Walton brand FC-ID5 freezer at Tk 15,490 from...
The lottery for distribution of units of ICB AMCL Second NRB Mutual Fund was held at the Plenary Hall of Bangladesh-China Friendship Conference Centre in the city Wednesday.Department of Computer Science and Engineering of the Bangladesh University of Engineering and...
FE Report | 2008-07-03 00:00:00
Country's business leaders have expressed grave concern over the latest hike in petroleum prices saying that it would enhance cost of production in industries and agriculture sectors, leading to further increase in commodity prices across the country.Life of the fixed...
SEOUL, July 2 (AFP): The first trader to put US beef on sale since South Korea lifted an import ban says demand has been steady, despite weeks of street protests against the supposed dangers of mad cow disease.While other retailers...
S M Jahangir | 2008-07-03 00:00:00
Local farmers, especially the 'Boro' growers, will bear the brunt of the latest fuel price hike, which will escalate the production cost and push the price of rice up in the market, experts said Wednesday."The recent hike in the prices...
Kayes M Sohel | 2008-07-03 00:00:00
The state-run gas distribution company Titas failed to sell any single share of it on its debut trading day as it ignored the best prices offered by the investors causing resentment among them.This is the first ever incident in the...
CARTAGENA, Colombia, July 2 (AFP): US Republican presidential candidate John McCain lauded Bogota's fight against drug trafficking and endorsed the festering effort at a US-Colombia free trade pact during his first stop in a campaign swing through Colombia and Mexico."First...
FE Report | 2008-07-03 00:00:00
Law enforcing agencies will not be allowed to seek any information from any bank branch directly under the Anti-Terrorism Ordinance 2008, officials said."No law enforcing agencies will be able to seek any document or fill from any bank without necessary...
Shahiduzzaman Khan | 2008-07-03 00:00:00
Footdragging on the passage of the draft national coal policy continues with the law ministry withholding yet its much-awaited vetting. As a result, some important investment decisions are now facing a great deal of uncertainty.The law ministry is now suggesting...
FE Report | 2008-07-03 00:00:00
Dutch-Bangla Bank Limited relocated its Hathazari branch to an expanded and refurbished new premises at SS Tower on Court Road at Hathazari, Chittagong recently.One ATM booth in front of the branch premises was also opened on the same day to...
BANGKOK, Thailand, July 2 (AP): The cyclone that devastated Myanmar's heartland has also roiled a political landscape dominated by the military for more than four decades.Buddhist monks are regrouping after the battering they took nine months ago, civil society groups...
BANGKOK, July 1 (AFP): The Thai current account returned to a surplus in May as exports grew strongly while import growth slowed, the central bank said.Thailand recorded a 631 million dollar surplus in May, compared to 246 million dollars one...
M Azizur Rahman | 2008-07-02 00:00:00
Bangladesh sought global actions especially by rich countries to contain the skyrocketing petroleum prices in the international market as it eats up major portion of the development funds in the developing and least developed countries (LDCs) countries, officials said."It is...
John Liu and Irene ShenCHINA'S heaviest snowstorms in half a century worsened today, forcing the government to release emergency food supplies and preventing millions of people from traveling home for next week's Lunar New Year holidays.Shanghai has received 15 centimeters...
FE Report | 2008-07-02 00:00:00
The AIMS of Bangladesh, country's leading private asset management company has dispelled the recent attribution on the legal aspects of close-ended mutual funds on declaring their bonus or rights."We can substantiate that there are literally countless instances of close-ended mutual...
Terrorists shot and wounded a young man at Nawabpur level crossing in the city Monday night, reports UNB.Police said someone opened fire on Humayan Kabir at the crossing, leaving him critically wounded. He received two bullets in his head.On information,...
Former Prime Minister (PM) Sheikh Hasina's trial in the barge-mounted power plant graft case was Tuesday further held back as the fate of the case hangs on High Court (HC) decision, reports UNB.As the special court that deals with high-profile...
Carola Hoyos in Madrid and Javier Blas in London, FT Syndication ServiceThe oil market would remain tight during the next five years as production from non-Opec countries stalls and demand growth remains relatively strong, the western countries' energy watchdog warned...
BANGKOK (Reuters): Asian rice prices have tumbled even faster than they surged to record highs earlier this year, but the nearly 30 per cent slide will soon end as a Thai government price-support scheme is about to kick in.Even bumper...
Bhola Lal, Swapon Parvez and Ram Jagdish won their respective Premier Division matches with straight sets in the 1st Delta Life Open Squash Tournament at the Dhaka Club Squash Court in the city Tuesday, reports UNB.In the Premier Division, Bhola...
Ed Crooks | 2008-07-02 00:00:00
The good news in the recent report of the International Energy Agency (IEA) on the future of energy technologies is that there is enough oil left on the planet to allow a huge increase in consumption over the next few...
TOKYO, July 1 (AFP): Japanese business confidence slumped to the lowest level in more than four years on worries about soaring raw material costs, a weaker economy and a stronger yen, the central bank said today.Top executives have grown more...
Shakhawat Hossain | 2008-07-02 00:00:00
Reform in the revenue sector and full privatisation of the state-owned commercial banks (SCBs) will get priority in the Article-IV consultation between Bangladesh and the International Monetary Fund, which begins today (Wednesday), senior government officials said.'The consultation is likely to...
KARACHI, July 1 (Cricinfo): As birthday bashes go, this was pretty special, with Sanath Jayasuriya bludgeoning Bangladesh into submission as Sri Lanka sauntered into the Asia Cup final. Kumar Sangakkara's elegant 121, just 24 hours after a century against Pakistan,...
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