MESEBERG, June 11 (Agencies): President Bush said Wednesday that his first choice is to solve a nuclear standoff with Iran by using diplomacy, but "all options are on the table." The president reinforced the possibility of military strike against Iran,...
FE Report | 2008-06-12 00:00:00
Wachovia Corporation has recently opened a new representative banking office in Dhaka for providing services to its bank customers in the region.Wachovia is a leading U.S. financial services company (the fourth largest bank in the U.S. based on total assets)...
The Foreign policy of Bangladesh should be based on national consensus on what is the perceived national interest of the country, Foreign Adviser Iftekhar Ahmed Chowdhury said Wednesday, reports UNB.Addressing mid-level officials of different ministries at a seminar at the...
JAMALPUR, June 11(UNB): A young couple here allegedly committed suicide by taking poison at Hatibandha village in Sadar Upazila Monday night.The deceased are Shahid (25), son of Amjad of Mymensingh district and his wife Poppy (22), daughter of Saudi expatriate...
The Government of Bangladesh (GoB) and the United Nations Development Programme (UNDP) signed Wednesday in the city an agreement of $ 6.586 million to implement the project "Translucent Ballot Boxes", reports BSS.The Canadian International Development Agency (CIDA) will provide this...
Shamim Ara Begum | 2008-06-12 00:00:00
THE sound of Manik Miah's whistle is heard everyday at noon in sector five of Uttara, Dhaka. Manik and his two assistants collect rubbish from houses of the area. He says there is something special in their garbage collection.The people...
TOKYO, June 11 (AFP): Japan said today its economy powered ahead at a 4.0-per cent annualised pace in the first quarter of 2008, but analysts warned tougher times lie ahead due to high oil prices and slowing US growth.It was...
FE Report | 2008-06-12 00:00:00
The branch managers' conference of Dhaka district and Dhaka metropolitan area of Sonali Bank Limited was held at the IFST conference room in the city recently.Sonali Bank Limited Chief Executive Officer (CEO) and Managing Director SA Chowdhury was present as...
FE Report | 2008-06-12 00:00:00
The Alliance Fran
Jorge Heine | 2008-06-12 00:00:00
GENERAL Tan Shwe (Tan who?) is not exactly a household word. But Myanmar's strongman and top military honcho, by now 16 years in power, made a strong claim for the "Dictator of the Year" Award in 2008 for the manner...
FE Report | 2008-06-12 00:00:00
Ha-Meem Group won the JCPenney International Award in 'Technical Design' among all international suppliers of the JCPenney at a hotel in Hong Kong recently.JCPenney Purchasing Corporation chairman and chief executive officer (CEO) Mike Ullman handed over the award to Ha-Meem...
FE Report | 2008-06-12 00:00:00
Shahjalal Islami Bank Limited will acquire a total of 1,18,916 shares worth Tk 118.91 million (face value Tk 1000) of ICB Islamic Bank (formerly Oriental Bank Ltd).According to a price sensitive information posted on the Dhaka Stock Exchange (DSE) website...
Beckham leads MLS All-Star fan ballotingNEW YORK, June 11: Major League Soccer fans' love affair with English import David Beckham shows no sign of fading. The Los Angeles Galaxy superstar midfielder is the overwhelming leader in fan voting for the...
Chris Bryant, FT Syndication ServiceWASHINGTON: Developing economies have proved resilient to credit market turmoil, but soaring food and energy prices pose a significant threat, says a World Bank study.In its annual report on global development finance, the bank trimmed its...
A delegation of the Election Commission (EC) led by Chief Election Commissioner (CEC) ATM Shamsul Huda handed over Wednesday a report on the recently-held dialogue between the EC and the political parties to President Iajuddin Ahmed at Bangabhaban, reports UNB.Election...
KHARTOUM, June 11 (Reuters): A Sudanese airliner coming from Amman and Damascus burst into flames after landing in Khartoum on Tuesday night, killing at least 33 of the 217 people on board, officials and witnesses said on Wednesday Doctors and...
FE Report | 2008-06-12 00:00:00
BRAC will not interfere into administrative affairs of primary schools while discharging duties to upgrade the quality of education through its non-formal primary education programme (NFPE), BRAC founder and chairperson Dr Fazle Hasan Abed said."We want to assure everybody that...
Commerce Adviser Hossain Zillur Rahman said Wednesday the government is committed to building confidence among all political forces through dialogue to move the country forward, reports BSS."We hope that an atmosphere of confidence would firmly be built up and we...
Shihab Ahmed | 2008-06-12 00:00:00
IT is not only enough to claim the functioning of a market economy and to feel content that competition, expected to be created within such an economy among different producers of goods and providers of services, would automatically lead to...
Detained former prime minister Khaleda Zia Wednesday expressed satisfaction over the release of her political rival Sheikh Hasina from jail, a lawyer said, reports bdnews24.com."I am happy to know she has been released," Khaleda was quoted as saying by Barrister...
BEIJING, June 11 (AP): The European Union's top consumer protection official urged China on Wednesday to invest more in product safety for its myriad small producers.EU Consumer Protection Commissioner Meglena Kuneva said Europe was monitoring whether China's steps to improve...
FE Report | 2008-06-12 00:00:00
Urfi Ahmad, client services director of Grey Worldwide Bangladesh, has been promoted as regional director for Asia Pacific and will be moving to the Grey's regional centre based in Kuala Lumpur, Malaysia.Mr Ahmad began his advertising career with Grey Bangladesh...
FE Report | 2008-06-12 00:00:00
The Institute of Cost and Management Accountants of Bangladesh (ICMAB) gave its reaction Tuesday to the proposed national budget for the year 2008-2009.It said the nation does not expect a long-term target-oriented budget from a non-party neutral caretaker government. The...
China to invest 2.5b dollarsin private equity fundSHANGHAI, June 11: China's foreign exchange regulator is to invest more than 2.5 billion dollars in the latest portfolio launched by US private equity fund TPG, the Financial Times reported today. The fund...
The re-born Biman Bangladesh Airlines Limited is going to construct various commercially viable structures on its own lands across the country for enhancing its revenue earning, accommodation of layover passengers, and minimising operating cost, reports UNB.As a part of this...
Sweden manager Lars Lagerback lavished praise on Zlatan Ibrahimovic after his stunning goal broke the deadlock in the 2-0 Euro 2008 Group D win over Greece, reports BBC.After 67 turgid minutes Ibrahimovic hit a 25-yard drive into the top corner,...
FE Report | 2008-06-12 00:00:00
A big borrowing plan of the government to offset the budget deficit in the new fiscal will further fuel inflation, Shomonnoy, a local research organisation, said Wednesday."The government will have to borrow huge money from the banking system to minimise...
The University Grants Commission (UGC) recently cautioned the public universities of the country against the way they are using their earnings from the admission tests. The cautionary letter, among other 13 points it dwelt on, has noted that the faculties...
FE Report | 2008-06-12 00:00:00
Dhaka stocks plunged Wednesday due to panic selling spree caused by fears that the market regulator might impose some sort of restrictions on trading.The benchmark DSE General Index (DGEN) sank to its highest single day fall this year hitting 93...
Our Correspondent | 2008-06-12 00:00:00
RAJSHAHI, June-11: The prices of mango in Rajshahi district are unlikely to come down this season because the agents of various companies are purchasing huge quantities of mango from various markets of Rajshahi and Chapainawabganj districts.The agents of corporate companies...
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