Sundeep Tucker | 2008-06-24 00:00:00
THE value of mergers and acquisitions (M&As) Asia is soaring as the region's leading companies take advantage of opportunities to build scale and secure resources in fast-growing markets closer to home.The aggregate value of announced cross-border deals between Asia-Pacific companies...
FE Report | 2008-06-24 00:00:00
Rangpur Foundry Limited (RFL) held its 'Annual Distributors Conference-2008' at the BDR Darbar Hall in the city recently.More than three thousand distributors and sales representatives were present on the occasion.PRAN-RFL Group Chief Executive Amjad Khan Chowdhury expressed his gratitude to...
The Awami League (AL) is commemorating its founding anniversary for the second time under the ongoing state of emergency, reports bdnews24.com.The party began its 59th anniversary programme Monday by placing wreaths at the portrait of Sheikh Mujibur Rahman in front...
AN estimated 20 per cent of the crops grown in the country are lost due to pest attack and diseases. A good part of arable land also remains unused. In many areas, cultivation does not take place in all the...
JEDDAH, June 23 (Xinhua): Visiting Chinese Vice President Xi Jinping presented yesterday a three-point proposal on deepening economic and trade cooperation between China and Saudi Arabia.He made the proposals at the opening ceremony of a seminar on China-Saudi economy and...
WIMBLEDON, England, June 23 (AP): Roger Federer has opened his bid for a sixth consecutive Wimbledon title with a 6-3, 6-2, 6-2 win over Slovakia's Dominik Hrbaty. And two-time champion Serena Williams has opened her Wimbledon campaign with a 7-5,...
FE Report | 2008-06-24 00:00:00
Radio Aamar 101FM Monday vowed to start countrywide transmission gradually following huge response of the listeners during the last six months of its on-air programmes.Julficar Ahmed, Managing Director (MD) of the private radio channel disclosed this on the occasion of...
FE Report | 2008-06-24 00:00:00
Renovated and newly decorated Islampur branch of National Bank Limited (NBL) has recently been shifted to new premises at Islampur Road in the city.NBL Managing Director Md Abdur Rahman Sarker formally inaugurated the branch as the chief guest.In this connection,...
Champions League bans ICL playersOrganisers of the Twenty20 Champions League say qualifying teams from England will not be able to field players who featured in the rebel ICL. The top two teams in domestic Twenty20 in India, England, Australia and...
FE Report | 2008-06-24 00:00:00
The inter-bank call money rate maintained its steady face Monday although fresh cash into the market surpassed the withdrawal. The US dollar was also steady against Bangladesh taka (BDT) in the inter-bank foreign exchange market responding to moderate demand for...
SYLHET, Jun 23 (UNB): A court here today (Monday) sentenced Sylhet city BNP president Ariful Haque Chowdhury to 10 years in jail and his wife Shama Haque Chowdhury to three years in a graft case filed by the Anti- corruption...
SINGAPORE, June 23 (AFP): Singapore's annual inflation rate stayed at 7.5 per cent in May, boosted by rising food, transport and housing costs, the government said today.The monthly consumer price index (CPI) was the same as the 7.5 per cent...
Jamaat Secretary General Ali Ahsan Mohammad Mujahid repeated Monday his demand that the government scrap local-body polls schedule and hold national elections first, reports UNB.He said it would be difficult for the caretaker administration to successfully hold any election keeping...
LONDON, June 23 (Reuters): Copper came under pressure Monday after data showed weak demand from China while aluminium hovered close to its highest level in three months, traders and analysts said.A strong dollar also weighed on industrial metals, making them...
Talk of cross-border action byAfghanistan 'not wise': RiceWASHINGTON, June 23: US Secretary of State Condoleezza Rice said in an interview aired Sunday that threats by Afghanistan to pursue Taliban insurgents across the border into Pakistan were "not wise." Rice instead...
The government will not fight with the political parties over the elections to the local government bodies which it hopes to complete by October, Education and Commerce Adviser Hossain Zillur Rahman said Monday, reports bdnews24.com."The government will not engage in...
FE Report | 2008-06-24 00:00:00
Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has signed an agreement of mutual cooperation with Confederation of Businessmen and Industrialists of Turkey (TUSKON) for the promotion of trade and business between Bangladesh and Turkey.FBCCI President Annisul Huq and...
KABUL, June 23 (AFP): US-led coalition forces killed 55 militants including three "extremist leaders" in fighting near the insurgency-hit Afghan-Pakistani border, the coalition said in a statement on Monday.The fighting erupted in the eastern province of Paktika after rebels attacked...
Export and import activities through the Benapole land-port came to a halt for nearly one and half hours Sunday over the return of eight Indian trucks seized about five years ago, reports UNB from Benapole.However, the standoff over the issue...
FE Report | 2008-06-24 00:00:00
The Ministry of Jute and Textile, BJMC and Agrani Bank Limited signed a tripartite agreement to share the lease money of three jute concerns in order to make them operative and liquidate the liabilities of Agrani Bank.The companies are- RR...
United States-based international oil company Chevron will conduct an additional two-dimensional (2D) seismic survey and drilling an exploration well in the hydrocarbon block-7 located in Bangladesh's south-western part, reports UNB.To this effect, Chevron Bangladesh Block Seven Ltd and its partner...
TOKYO, June 23 (AFP): Japanese media fretted over the national team's lack of firepower Monday after a scrappy 1-0 win over Bahrain as the final stage of World Cup qualifying looms."The reality is that Japan are not in Asia's top...
Legal steps regarding release of detained former Prime Minister Khaleda Zia are in progress, Commerce Adviser Dr Hossain Zillur Rahman said, reports UNB."Her (Khaleda) release is a legal matter. All the processes to free the former premier are progressing," Dr...
SYDNEY, June 23 (AFP): Energy company Apache said today it expected Western Australian gas production to be partly restored by mid- August, but that it could take six months for full production to resume after a blast at its Varanus...
TOKYO, June 23 (AFP): Sentiment among top Japanese executives has slumped to the worst level in at least four years, a government survey showed today, adding to concerns about the outlook for Asia's largest economy.The souring sentiment comes as firms...
Shakhawat Hossain | 2008-06-24 00:00:00
The caretaker government has started a feasibility study on setting up rice mills in Myanmar with a view to finding an alternative source for importing boiled rice, said a senior commerce ministry official Monday.The agricultural ministry was assigned to work...
Our Correspondent | 2008-06-24 00:00:00
CHITTAGONG, June 23: Chittagong Customs House (CCH) authority has directed the owners of the inland container depots (ICDs) to remove different faults and resolve the problems of the depots within a month and thus ensure proper services to concerned businessmen.According...
The caretaker government's dialogue with Bangladesh Kollayan Party, scheduled for Monday, was deferred to June 25, reports UNB.Kollyan Party Chairman Syed Mohammad Ibrahim told the news agency that the dialogue was deferred as Law Adviser Hasan Ariff and Foreign Adviser...
WASHINGTON , June 22 (AP): As gas prices soar past $4 a gallon, speculators who buy and sell futures contracts in the oil market have emerged as the latest villains behind rising energy costs."There is clearly a supply and demand...
John Kay | 2008-06-23 00:00:00
Stuff happens. People make mistakes, parts go wrong, unexpected things crop up. When disaster ensues, politicians, journalists and savants blame the blunderers, the component manufacturers and the perversity of fate. But good systems, whether in engineering, in management or in...
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