KIEV, June 10 (AFP): It's an international crime business that endangers human lives and generates billions of dollars every year through the sale of tablets and powders. Unlike drug smuggling, however, medicine counterfeiting is still not considered a criminal offence...
ISLAMABAD, June 10 (Agencies): Pakistan unveiled Saturday an over 1.87-trillion-rupee (about 31 billion US dollars) budget for the upcoming 2007-2008 fiscal year (July 2007 to June 2008), which envisages a pro-development expenditure. The budget was presented by Pakistani State Minister...
BRUSSELS, June 10 (Xinhua): EU Commissioner Charlie McCreevy has said that China's financial services have been "considerably" opened up and he would not press China to further open the sector during his upcoming China tour. "Over the last several years,...
HEILIGENDAMM, Germany, June 9 (Xinhua): As the three-day summit of the Group of Eight (G8) industrialised nations drew to its end yesterday, the world still differs on what global mechanism serves globalisation era best. It is no doubt that the...
HONG KONG, June 10 (AFP): Asian currencies ended the week mostly higher against the dollar, with the Japanese yen buoyed largely by the weakness of US shares as interest rate and inflation fears agitated investors. JAPANESE YEN: The yen edged...
FE Report A total of 375 abstracts on the oncology commitment of Sanofi-aventis have been accepted by the American Society of Clinical Oncology (ASCO) during its 43rd annual meeting held in Chicago, Illinois of the United States of America (USA)...
KIKUYU, Kenya, June 10, (AFP): Eyeing his cell phone with a mixture of suspicion and amazement, Paul Kangethe reads and rereads the text message he has just received. "I've never seen anything like this before," Kangethe says of the alert...
PHNOM PENH, June 10 (AFP): Two years after discovering oil off its coast, uncertainty clouds Cambodia's nascent petroleum sector, with analysts saying it is impossible to gauge the extent of the country's fuel deposits or their impact on one of...
NEW YORK, June 10, (AFP): Government-encouraged efforts to ramp up US ethanol production, part of a bid to diversify American energy supplies, are succeeding, but some analysts fear a glut may be developing for the biofuel. The boom in ethanol...
TOKYO, June 10, (AFP): Japanese auto-parts maker Denso will produce eco-friendly fuel-injection equipment for diesel engines in China to meet growing demand for cleaner vehicles there, a report said Sunday. Denso Corp. would set up a subsidiary in Changzhou, eastern...
DETROIT, Michigan, June 10, (AFP): General Motors Corp Chairman Richard Wagoner made a point of telling shareholders at the company's annual meeting that GM is serious about speeding up development of the new technology required to power the electrified Chevrolet...
FE ReportThe government borrowed Tk 6.50 billion (650 crore) Sunday through auctions of treasury bills. It will result in withdrawal of Tk 6.50 billion from the market in the week.The central bank conducted auctions of 28-day, 91-day and 182-day bills...
FE ReportIslamic Finance and Investment Limited (IFIL) has approved 12.50 per cent cash dividend for its shareholders for the year 2006. The dividend was approved in the company's 6th annual general meeting (AGM), held in the city recently, with IFIL...
BARGUNA, June 10 (BSS): Catching of hilsha fish has been reduced to a great extent due to exorbitant price of ice during this hilsha season.Fishermen of the district alleged the price of each can of ice has shot up to...
Our CorrespondentNILPHAMARI, June 10: Domar Milk Pasteurised Centre (DMPC), the lone in Nilphamari, needs to be upgraded, as it cannot meet the demand of the entire district, said sources.If such a move is taken, the centre would contribute in boosting...
A four- member team of Bangla Maintaining and Tracking Club (BMTC) in coordination with Mountain Dew has conquered the 21,059 feet high Chulu West of the Himalayas recently.A press conference and a slide and video show of the expedition had...
BARISAL, June 10 (BSS): Speakers at a workshop here said the lack of technical knowledge, cash capitals and non-cooperative behaviour of the family members are the main hindrances to the social and economic progress of the womenfolk of the country....
DU CorrespondentThe three-day 'Thailand Exhibition 2007' will begin on June 13 at Dhaka Sheraton Hotel.The Department of Export Promotion of Thailand, under the supervision of Commerce Ministry of the Royal Thai Government, is organising the event to draw attention of...
FE ReportDhaka Stock Exchange (DSE) held an investors' awareness programme in Bogra with the potential investors to expand the share trading at the district level Sunday.This kind of seminar with the investors at the district level is a part of...
FE Report The Rural Development Scheme of the Islami Bank Bangladesh Limited (IBBL) has been faring well in reduction of the miseries and sufferings of the country's rural people. IBBL Board of Directors Vice Chairman Zainul Abedin said this while...
FE ReportShahjalal Islami Bank Limited (SJIBL) has recently signed an agreement with Modern Diagnostic Centre Limited (MDCL) and Anwar Khan Modern Hospital Limited at its head office in the city.SJIBL Deputy Managing Director Muhammed Ali and MDCL General Manager Md...
FE Report The Dhaka Bank Training Institute (DBTI) organised a training course on Western Union Money Transfer Operations for the front line associates at the DBTI in the city recently. A total of 44 officers from different branches of the...
NEW YORK, June 10 (REUTERS): Stocks snapped a three-day losing streak Friday, letting investors recoup some of the losses incurred during a week in which concerns about interest rates roiled the US market. In Friday's session, the Dow Jones industrial...
FE ReportIT Consultants Limited and Rashed Kanchan Corporation signed an agreement at a city hotel Saturday. IT Consultants Managing Director Kazi Saifuddin Munir and Rashed Kanchan Corporation Chief Executive Officer (CEO) Rashed Kanchan signed the agreement on behalf of their...
FE ReportAsset Management Company Limited (AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), has declared net asset values (NAV) of its two unit funds. The total NAV of ICB AMCL First Mutual Fund stood at Tk 150,025,164.80 on the...
FE ReportGrameenphone Ltd has recently signed an agreement with Univogue Garments Co Ltd to provide complete communication facilities under its Business Solutions package.The agreement was signed by Saman Pushpakumara, Financial Controller of Univogue Garments Co Ltd and Sajjad Alam, Head...
Company's net profit/lossEastern Cables: Eastern Cables Limited earned a post-tax net profit of Tk 24.64 million for the year that ended on June 30, 2006. The earning per share (EPS) of the company stood at Tk 10.27. Janata Ins: Janata...
Bangladesh Finance and Investment Company Ltd Nature of Business: Lease Finance & Term Finance Subscription Opens: June 10 2007Subscription Closes: June 14 2007 Subscription for NRB: June 10, 2007 to June 23, 2007 Offer Price (Tk.): 100.00 Market lot (Share):...
TEHRAN, Jun 10 (AP): Iran has condemned a G-8 warning that it could face more sanctions over its controversial nuclear programme, the country's official Islamic Republic News Agency reported. Mohamad Ali Hosseini, the spokesman of Iran's foreign ministry, said Iran...
TIRANA, Jun 10 (AFP): George W Bush arrived in Albania Sunday for the first ever visit by a US president, after which he will travel on to Bulgaria, the last stop on his European tour. His arrival at Tirana-Rainas airport...
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