FE ReportThe shareholders of British American Tobacco Bangladesh (BATB) Company Limited have approved the proposed dividend of Tk 3.00 per share of Tk 10.00.The approval was given at the 34th annual general meeting (AGM) of BATB at a city hotel...
FE ReportA term loan agreement for Tk 500 million (50 crore) was signed between Pubali Bank Limited (PBL) and Delta BRAC Housing Finance Corporation Limited (DBHFCL) at PBL head office in the city recently.PBL Managing Director Helal Ahmed Chowdhury and...
June 03 - June 07, 2007The local market of US dollar and Bangladesh taka was active last week. Total volume of transaction was around $89.75 million against $55.15 million in the previous week. US dollar and Bangladesh taka appreciated slightly...
Sarwar ZahanThe inter-bank call money rate maintained a steady level in an active market. The central bank managed the market to keep it stable by withdrawing lower amounts of cash through auctions of reverse repurchase agreement (repo), treasury bills and...
HEILIGENDAMM, Jun 7 (AFP): US President George W. Bush and his Russian counterpart Vladimir Putin were to hold a potentially fraught meeting at the Group of Eight summit Thursday as Germany sought a face-saving global warming accord. German police braced...
NAHR AL-BARED, Lebanon, Jun 7 (Reuters): Al Qaeda-inspired militants and Lebanese troops fought intermittently at a Palestinian refugee camp Thursday as the army tried to force the gunmen out of their hide-outs. Heavy fighting continued overnight with soldiers using artillery...
ISLAMABAD, Jun 7 (Reuters): Pakistan's President Pervez Musharraf has berated his ruling coalition for leaving him isolated in a growing crisis that threatens to destabilise a country on the front line of a global anti-terrorism campaign. Musharraf, who is also...
MANILA, Jun 7 (AFP): Asian governments need to do more to combat people trafficking as children are increasingly victims of the illicit multi-billion dollar global trade, an international forum was told Thursday. Despite national laws and international conventions against the...
COLOMBO, Jun 7 (Reuters): Sri Lanka evicted hundreds of ethnic Tamils from the capital Thursday citing security concerns, as troops battled Tamil Tiger rebels in jungles in the island's restive east. Military spokesman Brigadier Prasad Samarasinghe said the army killed...
LONDON, Jun 7 (AFP): British defence firm BAE denied a news report Thursday that it had secretly paid a Saudi Arabian prince more than one billion pounds in connection with Britain's biggest weapons deal. There was "no case to answer",...
NEW DELHI, Jun 7 (AFP): India and China have agreed to hold their first ever joint army exercise as part of a wider effort to improve ties between the one-time Asian enemies, military officials said Thursday. The manoeuvre is slated...
MUSCAT, Jun 7 (AFP): Twelve people have been killed in Oman by Cyclone Gonu, police said Thursday, as the most violent tropical storm to hit the Gulf region in three decades beared down on neighbouring Iran. The cyclone lashed Oman...
HEILIGENDAMM, Germany, Jun 7 (AFP): German police battled thousands of anti-globalisation protesters with water cannons to stop them getting close to the annual summit of the world's rich nations. Police fired jets of water late Wednesday to clear one of...
BEIJING, Jun 7 (AFP): More than 9.5 million Chinese teenagers started a tough two-day exam Thursday that will decide if they can go to college, amid concerns that cheating will taint the process, state media said. Nervous youngsters, most of...
WASHINGTON, Jun 7 (AFP): The US House of Representatives Wednesday overwhelming passed a bill granting 6.4 billion dollars in development, economic and security aid to Afghanistan. The Afghanistan Freedom and Security Support Act, passed by 406 votes to 10, also...
FE ReportBangladeshi ready-made garments (RMG) companies fetched $12.2 million export orders from a three-day "Plural Fashion-2007" trade fair that was held in Madrid from May 24 to May 26.The RMG companies were able to obtain confirmed export orders and prospective...
FE ReportThe second Holcim Awards competition to promote sustainable construction worldwide has been launched. The prize money for the five regional competitions and the global awards totals $2.0 million (20 lakh). The awards are an initiative of the Swiss-based Holcim...
FE Report Dutch-Bangla Bank Limited (DBBL) has extended financial assistance worth Tk 2.5 million (25 lakh) to 14 non-government organisations (NGOs) engaged in rehabilitation of the mentally/physically challenged children of the country. DBBL Managing Director Yeasin Ali handed over the...
HONG KONG, June 7 (AFP): Asian stocks closed mixed Wednesday with overnight falls on Wall Street and uncertainty clouding the Chinese markets combining to weigh down investor sentiment.Share prices of Hong Kong closed 0.11 per cent weaker on worries over...
FE ReportThe seventh annual general meeting (AGM) of the South Asia Insurance Company Limited will be held on June 30, 2007.The decision came at the 39th meeting of the board of directors of the company held at its head office...
LONDON, June 7 (Bloomberg): European stocks headed for the longest losing streak in three months, paced by industrial companies after brokerages downgraded shares of Volvo AB and SKF AB. Europe's Dow Jones Stoxx 600 Index dropped for a fourth day,...
FE ReportStandard Bank Limited has recently signed an agreement with Instant Cash- Global Money Transfer, a subsidiary of Wall Street Exchange Centre, LLC in Dubai for drawing arrangement of inward foreign currency remittance.Standard Bank Limited Managing Director Mosharraf Hossain and...
IFIC Bank Ltd has arranged promotional campaign highlighting education loan (Parua) under consumer financing and student file service at Dhanmondi and Siddheswari Campus of Stamford University in the city recently, said a press release.A good number of students of Stamford...
NEW YORK, June 7 (Reuters): US stock index futures turned lower Thursday, indicating a lower open on Wall Street, after yields on all Treasuries debt securities rose above 5 per cent, raising concern that stocks face more competition from fixed-income...
Change of AGM dateBD Thai: Bangladesh Thai Aluminium Limited has stated that due to unavoidable circumstances, the 28th annual general meeting (AGM) of the company will be held on October 25, 2007 instead of June 28, 2007. Other information of...
FE ReportThe existing Equity Entrepreneurship Fund (EEF) has been split into two funds - Agriculture Equity Entrepreneurship Fund (AEEF) and IT Equity Entrepreneurship Fund (IEEF) - and allocation of Tk 1.0 billion has been proposed for each of them.In his...
An agreement for a credit line of Tk 100 million was signed between National Bank Ltd. and Premier Leasing International Ltd in the city recently. The deal will help augment the fund of the Premier Leasing International Ltd. for lease...
FHM Humayan KabirThe systems loss of the Titas Gas Transmission and Distribution Company Limited (TGTDCL) has gone down substantially over the last few months thanks to the authority's vigorous drives against illegal consumers and bill defaulters.Although the system loss of...
FE Report The flow of inward remittance touched nearly the US$5.50 billion (550 crore) mark in the first 11 months of the current fiscal, recording a 25.02 per cent growth over the corresponding period of the last fiscal, official sources...
FE Report Finance Adviser AB Mirza Azizul Islam said Thursday the shipping costs of export-import consignments have reduced by 20 per cent following a range of reform measures taken by the present interim government to transform the country's premier seaport...
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