Sri Lankan Foreign Minister (FM) Rohitha Bogollagama said in Dhaka Sunday that the 15th SAARC summit in Colombo would focus on greater connectivity, food security and meeting growing demand for energy among the member states, reports UNB.Talking to journalists after...
The media carried recently reports about the government considering steps to increase production of natural gas in the country by 20 per cent. Quoting a senior official, the reports said Bangladesh would raise production to 2.15 billion cubic feet of...
Scott Styris and Daniel Vettori, New Zealand's two most experienced ODI players, guided their team to a 51-run victory that ensured their often disappointing and sometimes heated tour ended on a high, reports Cricinfo.Styris set up the success with an...
SINGAPORE, June 29 (AFP): Singapore Airlines has taken delivery of its fifth Airbus A380 superjumbo which will be used for its Singapore-London service starting on July 16, the carrier said.The A380 will be the second deployed for the London service...
RIYADH, June 29 (Reuters): Annual inflation in Saudi Arabia eased slightly to 10.4 per cent in May down from a more than 30-year high a month earlier, but rising rental and food costs continued to pressure the world's top oil...
FE Report | 2008-06-30 00:00:00
Dhaka stocks ended mixed Sunday amid frustration and disquiet, sparked by the proposed revision in the mutual fund rules.The Dhaka Stock Exchange (DSE) opened with a somewhat downbeat mood and the trend continued towards the close of the trade.The market...
GAZA STRIP, Jun 29 (AP): Israel reopened its border crossings with the Gaza Strip Sunday to allow a trickle of goods into the territory, putting a rocky cease-fire back on course after Palestinian rocket attacks last week led to a...
FE Report | 2008-06-30 00:00:00
Peoples Insurance Company Limited (PICL) has approved 10 per cent dividend for its shareholders.The approval came at the 23rd annual general meeting (AGM) of the company held at a city club recently with PICL Chairman Md Abul Bashar in the...
FE Report | 2008-06-30 00:00:00
Pubali Bank Limited and Phoenix Finance and Investment Limited (PFIL) signed a term loan agreement for Tk 200 million (20 crore) at the Pubali Bank head office in the city recently.Pubali Bank General Manager (Principal Branch) Dipak Kumar Chakraborty and...
Foreign Adviser Dr Iftekhar Ahmed Chowdhury Sunday said the overseas market for Bangladeshi workers continues to expand and the government intends to pursue such expansion, reports UNB."This year, so far, we have already cleared 464,000 workers for employment abroad. At...
COLOMBO, June 29(AFP): India's upcoming Test and one-day tour of Sri Lanka has helped the cash-starved local cricket board wipe out its debts, an official said today."We paid off our 600 million rupee (six-million dollar) bank overdraft after getting an...
BAGHDAD, Jun 29 (AP) : Police say a truck bomb has killed seven people in Iraq.Police Col. Mohammed Khalid says the truck was detonated by remote control Sunday when police and security guards went to check the vehicle. The truck...
LONDON, June 29(AFP): Zimbabwe Cricket managing director Ozias Bvute said he could not understand why the likes of South Africa and England had frozen ties with his organisation while Zimbabweans continued to compete at international level in other leading sports.
FE Report | 2008-06-30 00:00:00
Chairman of People's Democratic Party (PDP) Advocate Mohammad Golam Kibria in a statement to the press has urged Progotishil Gonotrantrik Dol (PDP) not to use the short name PDP for his party.In his statement Kibria said there had been a...
Our Correspondent | 2008-06-30 00:00:00
Chittagong, June 29: The Chittagong Chamber of Commerce and Industry (CCCI) president Saifuzzaman Chowdhury, while attending the 4th meeting of Better Business Forum, expressed grave concern on the prevailing power crisis and urged the Chief Advisor (CA) to undertake urgent...
FE Report | 2008-06-30 00:00:00
Speakers at an international seminar on corporate social responsibility (CSR), expressed deep concern over the working atmosphere in both public and private sector enterprises and suggested ways and means to improve the standard by adopting key concept of CSR.They felt...
The government is on the lookout for a new contractor to run operations at Kamlapur inland container depot (ICD) in Dhaka after canceling the controversial agreement with Global Agro Trade Company (GATCO), reports bdnews24. com from Chittagong.The agreement with GATCO...
KOLKATA, June 29 (PTI): Tata Motors said yesterday its ambitious small car Nano is seeing a huge global interest with enquiries pouring up for setting up plants from countries like the US, Latin America, Europe and South East Asia."Nano has...
FE Report | 2008-06-30 00:00:00
The internet service providers (ISPs) are queuing up to bag licences for providing broadband wireless access services as the Bangladesh Telecommunication Regulatory Commission (BTRC) initiated process for awarding these last week, officials said.The BTRC has already prepared the draft regulatory...
TOKYO, June 29 (AFP): The Group of Eight (G8) industrialised nations will jointly invest more than 10 billion dollars a year on research and development of technology to combat global warming, a report said today.The plan, including research on underground...
FE Report | 2008-06-30 00:00:00
Islamic banking now accounts for about 25 per cent of the total deposits and 27 per cent of the investment of the country's banking sector.It was only 13 per cent of the total deposits and 15 per cent of the...
US presidential rivals Barack Obama and John McCain have clashed over their commitment to immigration reform, BBC reports.Addressing a conference of Hispanic officials in Washington, Mr McCain, the Republican candidate, said the US must secure its borders.Mr Obama, the Democratic...
Dhaka city ward commissioner Chowdhury Alam was Sunday sentenced to 12 years rigorous imprisonment for extortion of about Tk 240 million (24 crore) tolls from Bangabazar complex during 2003-05, reports UNB.Dhaka metropolitan first joint sessions judge KM Howlader handed down...
FT Syndication ServiceNEW DELHI: When Google launched a local version of YouTube in India last May, executives praised the potential of online video in India, citing the country's love affair with films and entertainment."We are very focused on India as...
BEIJING, Jun 29 (AFP): Rioters in south-western China torched government buildings and cars after anger over a probe into a school girl's death exploded into violent street protests, state press said Sunday.The riots occurred Saturday afternoon in Wengan county in...
FE Report | 2008-06-30 00:00:00
The council of advisers of the interim government approved Sunday the national budget for the fiscal year (FY) 2008-09 with some changes in the fiscal measurers, including raising the limit for tax-exempt income to Tk 165,000 from the existing limit...
Meghna Life recommends 25pc stock dividendThe board of directors of Meghna Life Insurance Company Limited has recommended a stock dividend 25 per cent for the year 2007. The board has also decided to hold an extra-ordinary general meeting (EGM) to...
VIENNA, June 29 (AFP): Spain will head into Sunday's Euro 2008 final against Germany here confident that they have overcome the mental fragility that has so often dogged them in the past.Footballing failures - following quickly on from the bounding...
Bangladesh will take part in the Youth Asia Cup Hockey, scheduled for July 11 to July 18 in Hyderabad, India, reports UNB.The Bangladesh team will be formed with players from the BKSP as well as the national players aged under-21.Eight...
FE Report | 2008-06-30 00:00:00
People will able to declare their undisclosed yet legal income by paying 7.0 per cent penal tax in addition to normal tax rate from Tuesday (tomorrow).The special offer remains valid for the first four months (July-October) of the fiscal 2008-09....
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