Rahimafrooz Group, an automotive and industrial battery manufacturing company of the country, has launched uninterrupted refill services for CNG-run vehicles.The company is offering 24-hour service and electronic billing in stations under its 'Quikfill' logo, reports bdnews24.com.Rahimafrooz Group Chairman Afroz Rahim...
LONDON, June 30 (AFP): Progress in the battle against climate change will continue despite economic woes around the world, the head of the United Nations Nobel Prize-winning scientific panel wrote today.In an article published in The Guardian newspaper, Rajendra Pachauri...
Five persons were killed and many others injured in separate incidents in different places of the country during the last two days, report agencies.In Sylhet, an SSC examinee allegedly committed suicide by hanging himself from the ceiling fan of his...
FE Report | 2008-07-01 00:00:00
Bangladesh General Insurance Company Limited (BGIC) approved 17.5 per cent stock dividend for its shareholders.The approval came at the 23rd annual general meeting (AGM) of the company at a city club Sunday.Chaired by BGIC Chairman Towhid Samad, the meeting was...
FE Report | 2008-07-01 00:00:00
The inter-bank call money rate dropped to a record low Monday ignoring withdrawal of cash from the market. The US dollar, however, retained its strength against Bangladesh taka (BDT) in the inter-bank foreign exchange market because of steady demand for...
VIENNA, June 30 (AFP): Spain ended their 44-year wait for a major international title with a 1-0 victory over Germany at the Euro 2008 final here.Fernando Torres scored the only goal of the game in the first half as football's...
FE Report | 2008-07-01 00:00:00
The country's foreign exchange reserve rose to $6.16 billion Monday, the last working day of the 2007-08 fiscal, which is the highest ever in the history of Bangladesh."The foreign exchange reserve reached the ever-highest level mainly due to significant inflow...
FE Report | 2008-07-01 00:00:00
Pioneer Insurance Company Limited (PICL) has approved 20 per cent cash dividend for its shareholders for the year that ended on December 31, 2007.The approval came at the 12th annual general meeting (AGM) of the company at the Bangladesh-China Friendship...
FE Report | 2008-07-01 00:00:00
Rubber planters Monday urged the government to maintain uninterrupted fertiliser supply to their gardens in order to boost production.The government has suspended subsidised fertiliser supply since May 25 saying the rubber cultivation does not fall under agriculture sector.The government also...
Israel's cabinet has approved a prisoner swap with the Lebanese militant group Hezbollah, BBC reports.The swap would see the return of the bodies of two Israeli soldiers captured by Hezbollah two years ago.The Lebanese prisoners to be freed reportedly include...
Newspaper Owners' Association of Bangladesh (NOAB) has urged the government to increase its advertisement budget by at least four times to meet the additional cost of the newly increased rates of advertisement, reports UNB.The NOAB leaders, at a general meeting...
Zimbabwe vote result not | 2008-07-01 00:00:00
legitimate: Ban Ki- moonTOKYO, Jun 30 (AFP): UN Secretary-General Ban Ki- moon on Monday criticised Zimbabwe's election in which President Robert Mugabe won another term as "deeply flawed," saying the result was not legitimate. "The secretary-general has said repeatedly that...
Elayne Clift | 2008-07-01 00:00:00
IN Kenya, reluctant women find strength to tell their stories of female genital cutting. Israeli and Palestinian women share tales of terror and trauma -- and acts of resistance. Indian sex workers talk among themselves of their experiences in Kolkata...
LONDON, Jun 30 (AFP): Four former British foreign and defence secretaries called Monday for nuclear powers around the world to increase diplomatic efforts to eventually rid the world of nuclear weapons.Writing in The Times, Sir Malcolm Rifkind, Lord Douglas Hurd,...
Robert Cookson, FT Syndication ServiceLONDON: Oil surged to a new record above $143 a barrel on Monday as the dollar fell and worries about Iranian supply deepened.Nymex August West Texas Intermediate rose $3.25 to $143.50 a barrel as the US...
NEW YORK, June 30 (AP): Even for an industry awash in bad news, the newspaper business went through one of its most severe retrenchments in recent memory last week.Half a dozen newspapers said they would slash payrolls, one said it...
JESSORE, June 30 (UNB): Over Tk 252.20 million (25.22 crore) budget for Jessore Pourashava has been announced without imposing any new tax.Chairman of the Pourashava SM Quamruzzaman Chunnu announced the budget Sunday for the fiscal 2008-09. He also placed a...
Central Insurance Company Limited (CICL) approved 10 per cent stock dividend and 1:5 rights share at par for its shareholders for the year 2007.The approval came at the 20th annual general meeting (AGM) of the company at the Officers' Club...
FE Report | 2008-07-01 00:00:00
The 11th annual general meeting (AGM) of Fidelity Assets and Securities Company Limited (FASCL) was held at the BDR Darbar Hall in the city recently.FASCL Board of Directors Chairman Abdul Matlub Ahmad presided over the meeting.Also present at the meeting...
Syed Fattahul Alim | 2008-07-01 00:00:00
A ministerial level meeting of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) among seven Bay of Bengal rim countries is scheduled to be held on July 9 in Dhaka. The issues that will occupy the...
Agriculture Advisor Dr CS Karim and Foreign Adviser Dr Iftekhar Ahmed Chowdhury came up with various theories behind the rising prices of rice despite a bumper Boro harvest as journalists caught them off-guard at the Foreign Ministry Monday, reports UNB.As...
Doulot Akter Mala | 2008-07-01 00:00:00
Mobile phone companies by going public through direct listing will be entitled to enjoy a 10 per cent rebate on their payable income tax, according to a provision incorporated in the national budget for the fiscal 2008-09.To enjoy the tax...
RANGPUR, June 30 (BSS): Experts at a farmers' gathering here today said that proper dissemination of knowledge about the latest agro-technologies and machinery to the farmers would further boost production in the agriculture sector.They also said that expanded use of...
FE Report | 2008-06-30 00:00:00
Newly created state-owned public limited company (PLC) Dhaka Power Distribution Company (DPDC) starts its journey today (Monday), while another PLC -- Bangladesh Telecom Company Ltd (BTCL) starts its journey from tomorrow.DPDC takes over entre operations right of Dhaka Electric Supply...
Fazle Rashid from New YorkANGERED by failure of the Organisation of Petroleum Exporting Countries (OPEC) to come out with a formula to end the ever expanding price of oil, which touched $142 barrel a mark last Thursday, Americans are demanding...
After a U-turn in recent politics, Awami League now advocates for other political parties to shun the culture of election boycott for the sake of attaining durable democracy, reports UNB.The former ruling party also unveiled its plan that the AL...
Jasim Uddin Haroon | 2008-06-30 00:00:00
Poor output caused by fertiliser supply constraints and a drought contributed to the sharp rise in the prices of tea, planters said.The planters said the tea production might face a severe blow this year mainly because of fertiliser scarcity in...
Brunei has sought skilled, semi-skilled and low-skilled workers from Bangladesh for its construction sector, reports UNB.The departing High Commissioner (HC) of Brunei Dato Seri Laila Jasa Haji Abdul Rahman Bin Abdul Hamid said this when he paid a farewell call...
Policymakers in emerging markets are scrabbling wildly in the anti-inflation toolbox. Some of the choices they are making will create longer-term problems.The scale of the challenge varies. Food accounts for between a quarter and a third of consumer price index...
LONDON, June 29 (AFP): Four-time champion Venus Williams was too strong for Spanish opponent Maria Jose Martinez Saturday as she moved into the last 16 at Wimbledon with a 6-1, 7-5 victory.The reigning champion and seventh seed will face Russia's...
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