TOKYO, June 18 (AFP): The dollar rose against the euro and the yen in Asian trade today as traders awaited fresh clues on prospects for interest rate rises in the United States and the eurozone, dealers said.The dollar climbed to...
Quamrul Alam and Mohammad Abu YusufThe Bangladesh Telegraph & Telephone Board (BTTB) has been the monopoly telecom service-provider before private sector telecom operators entered the telecom market. As the main service provider, the BTTB could not meet up the demand...
Italy clinched a quarter-final meeting with Spain as they sent France crashing out of Euro 2008 with a deserved win, reports BBC.France had a nightmare evening, losing key man Franck Ribery to a serious injury after only seven minutes.Eric Abidal...
Shakhawat Hossain | 2008-06-19 00:00:00
The country's poor people now spend nearly 87 per cent of their food budget on rice and the rest on protein and vegetable, said a government report."The share of rice in the total expenditure on food by the households in...
KASHGAR, China (Reuters) - The Olympic torch was paraded on Wednesday through China's sensitive former Silk Road city of Kashgar, home to ethnic-minority Muslim Uighurs, under the scrutiny of soldiers and choreographed cheering crowds.China banned all but carefully chosen members...
BAGHDAD, June 18 (AFP): A car bomb at a bus stop in north Baghdad killed at least 63 people and wounded 75 others Tuesday, security officials told AFP. The attack, the biggest in past eight weeks, took place in the...
S M Jahangir | 2008-06-19 00:00:00
Nearly two dozen private insurance companies are buying extra time for floating their initial public offerings (IPOs), dealing a blow to an official move for enlisting new issues with the capital market."About 24 insurance companies have been counting significant amount...
FE Report | 2008-06-19 00:00:00
Nestle Bangladesh Limited has taken up a project of providing selected schools with clean drinking water facility. As a part of the programme, the latest facility has been set up at Kapasia High School in Gazipur district.Nestle invested in drilling...
Finance Adviser Mirza Azizul Islam Wednesday said he has so far one or two small budgetary measures in mind to consider for correction, reports UNB.He, however, would not disclose the issues before finalising them as the officials were busy scrutinising...
Finance and Planning Adviser AB Mirza M Azizul Islam said Wednesday the national policy on social science research would be finalised soon to bring transparency in the research process, reports BSS."Draft of the policy has already been finalised and it...
FE Report | 2008-06-19 00:00:00
Standard Bank Limited and Money Gram Payment Systems Inc. USA signed an agreement for drawing arrangement of inward foreign currency remittance at the head office of the bank in the city recently.Former managing director of Standard Bank Mosharraf Hossain and...
SALZBURG, Austria, June 18 (AFP): Reigning European champions Greece will be aiming to bow out of Euro 2008 Wednesday by salvaging some pride against Group D winners Spain.Greece's dreams of repeating their improbable run to the title in Portugal four...
Apparel exports are expected to grow faster this fiscal year (2007-08), reaching around 10.7 billion US dollars with increased demand for local apparel items on the international market, reports UNB.A delegation from Bangladesh Garment Manufacturers and Exporters' Association (BGMEA) expressed...
Purchase/ sale of directors' sharesMonno Fabrics: Rasheed Mymunul Islam, one of the sponsor/directors of Monno Fabrics Industries Limited, has stated his willingness to buy 10,000 shares of the company at current market price through stock exchange within next 30 working...
The demand for establishing a design center has been raised from time to time. Recently, it was raised by the sector's stakeholders again at a seminar. Geetiara Safia Chowdhury, a former adviser in the present caretaker government had assured all...
Joe Leahy, FT Syndication ServiceMUMBAI: In India late last week, a wry joke about inflation was doing the rounds among economists.The United Progressive Alliance, India's ruling coalition led by the Congress party, is alarmed about inflation, which hit a seven-year...
FRANKFURT, June 18 (AP): German investor confidence tumbled in June amid soaring food and oil prices and expectations of an upcoming interest rate rise, a closely watched survey showed Tuesday.The ZEW institute's monthly index, which measures investors' expectations for the...
KOTA KINABALU, (Malaysia), June 18 (AFP): A party in Malaysia's ruling coalition called Wednesday for a vote of no confidence against the prime minister, in a serious blow to the beleaguered government.Sabah Progressive Party president Yong Teck Lee said it...
International package offers | 2008-06-19 00:00:00
Iran broad incentivesWASHINGTON, June 18: Iran would receive benefits in nuclear energy, trade, finance, agriculture and high technology if it halted uranium enrichment as demanded by world powers, according to a document released Tuesday by the US State Department. The...
The Awami League (AL) Wednesday warned that it would resist any move by the caretaker government (CG) that could hinder next national poll, reports UNB.The Jatiya Samajtantrik Dal (JSD) also extended its support to the AL's stand.Pointing at the government's...
FE Report | 2008-06-19 00:00:00
Dhaka stocks rose Wednesday led by ICB mutual funds, IT and cement issues for the third straight session, amid increase in the turnover.The Dhaka Stock Exchange (DSE) halted share trading of the three issues-2nd ICB, 3rd ICB and Bangladesh Shipping...
HARARE, June 18 (Reuters): South African President Thabo Mbeki will meet Zimbabwe's Robert Mugabe Wednesday for talks ahead of next week's presidential election run-off, Mbeki's spokesman said.South African ruling party leader Jacob Zuma, using his bluntest language to date over...
PRICES of many life saving medicines often increase without any reason. The dealers as well as the pharmaceutical companies sometime, increase the prices of these medicines by controlling the supply into the market. In the rural areas, the poor often...
LONDON, June 18 (AFP): British inflation hit a 16-year high of 3.3 per cent in May, driven by soaring food and energy costs prices, figures showed yesterday, complicating central bank efforts to keep a slowing economy on track.Analysts said the...
FE Report | 2008-06-19 00:00:00
Meghna Cement Mills Limited approved 30 per cent cash dividend for its shareholders for the year 2007.The approval was given in the 16th annual general meeting (AGM) of the company at Bashundhara Convention Centre in the city Sunday.Meghna Cement Mills...
FE Report | 2008-06-19 00:00:00
Dhaka Bank Limited (DBL) organised a get-together and traditional Mezban for its clients, well-wishers and patrons of Chittagong region at Hotel Agrabad in the port city recently.DBL Chairman Altaf Hossain Sarker, founder chairman Abdul Hai Sarker, former chairman ATM Hayatuzzaman...
Our Correspondent | 2008-06-19 00:00:00
CHITTAGONG, June 18: Dealers' conference-2008 of the country's leading steel bar manufacturer, Bangladesh Steel Re-rolling Mills (BSRM), was held at a hotel in Chittagong recently.BSRM Group General Manager Tapan Sengupta presided over the conference while Chairman Alihussain Akbarali was the...
FE Report | 2008-06-19 00:00:00
Bank Asia gave farewell to its outgoing chairman M Syeduzzaman and outgoing vice chairmen A Rouf Chowdhury and Arifur Rahman Sinha at a ceremony at Radisson Water Garden Hotel in the city Monday.At the same function, the new Chairman Anisur...
Raphael Minder | 2008-06-19 00:00:00
KUALA LUMPUR: Vietnam is ready to raise interest rates further to bring inflation back below 10 per cent before the end of next year, from 25.2 per cent in May, according to its finance minister.Vu Van Ninh has said returning...
ARGHANDAB, (Afghanistan) June 18 (Reuters): Afghan and Canadian forces moved into a series of villages outside of southern Afghanistan's largest city Wednesday to root out any Taliban who have infiltrated the area, officials said.Troops exchanged fire with militants during "a...
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