ISLAMABAD, June 5 (AP): Pakistan's high-flying stock market has returned to earth with a bump as worries about the nation's stability spook investors who had looked past the specter of terrorism for the chance of juicy returns.The stratospheric performance of...
Dhaka Bank has come forward to sponsor national hockey team for its Singapore tour to take part in the 3rd Men's AHF Cup Hockey Championship to be held in the Island City on June 14-22, reports UNB.Bangladesh team is expected...
ANKARA, June 5 (AFP): Turkey's top court was set Thursday to rule on a law allowing women to wear Islamic headscarves in universities, in a case with possible repercussions for the survival of the country's ruling party.The main opposition party...
Kayes M Sohel | 2008-06-06 00:00:00
SEC chairman Faruq Ahmad Siddiqi Thursday said an amendment will be brought to merchant bank rules making it mandatory for the merchant bankers to bring new issues in the market."If they fail to bring new issues they will face cancellation...
FE Report | 2008-06-06 00:00:00
The number of visitors seeking healthcare services in Malaysia is on the rise over the years. To give a further boost to its medical tourism, the Malaysian government is attracting more foreigners in the country by providing world-class treatment facilities.As...
Bangladesh take on emerging force Afghanistan in their 2nd Group B match of the 5th SAFF Championship at the Sugathadasa Stadium in Colombo today (Friday), reports UNB.The match kicks off at 5:30 pm (BST).In the day's other Group B match,...
A special court Thursday sentenced ex-secretary Ismail Zabiullah to 13 years' rigorous imprisonment for amassing wealth illegally and hiding information about his assets.His wife Ayesha Zabiullah was also awarded three years' simple imprisonment for aiding her husband in protecting the...
Pradeep S Mehta | 2008-06-06 00:00:00
CONTESTABILITY of markets is the adrenaline of all economies. While countries liberalise their economies, an extremely vital concomitant reform is the enactment and implementation of competition laws, so that consumers get the benefits of liberalisation. In 1995, when only about...
Army Chief congratulates chess talent RajibChairman of the National Sports Council (NSC) and Army Chief Moeen U Ahmed and the officers and staff of NSC have congratulated chess talent Enamul Hossain Rajib for getting approval from World Chess Federation FIDE...
The Election Commission is likely to start on June 12 the process of hearing on piled-up objections against the draft delimitation of parliamentary constituencies, reports UNB.Election Commissioner M Sakhawat Hussain Thursday said more than 50 per cent out of some...
Our Correspondent | 2008-06-06 00:00:00
RAJSHAHI, June 5: A bumper production of mangoes, lychees, jack fruits and other delicious fruits in greater Rajshahi districts has created seasonal employment to at least one million (ten lakh) people in the areas.For the next two months, these people...
Chief Adviser Fakhruddin Ahmed said Wednesday though being held bilaterally the main objective of the dialogue is to reach a national consensus on some important issues, reports BSS.Quoting the Chief Adviser's assertion, Commerce Adviser Hossain Zillur Rahman said this at...
FE Report | 2008-06-05 00:00:00
Garment manufacturers Wednesday called upon the government to take stern actions against what they said "terrorists", who are out to destroy the country's flagship export sector."A section of miscreants in the name of workers are responsible for persistent attacks in...
The government has decided to form coordination committees in districts to build public-private partnership for better management of water bodies, reports bdnews24.com.The district committees will make an inventory of the water bodies, owned by the government, in one month.The decision...
FE Report | 2008-06-05 00:00:00
Bangladesh Business Community (BBC) in Riyadh will hold a single country trade fair from today (June 5) to June 9 in Riyadh Palace Hotel in Riyadh, Kingdom of Saudi Arabia.Riyadh Chamber of Commerce and Industry board of directors Chairman and...
Clive Cookson, FT Syndication ServiceIce age 'trigger' threatens climateThe climate could be even more vulnerable to the release of greenhouse gases than scientists thought, according to a report in the journal Nature.The most severe ice age in history, a period...
GUWAHATI, (India), June 4 (AFP): At least 12 separatist rebels were killed and one injured Wednesday in a shoot-out between rival groups in India's insurgency-hit northeastern state of Nagaland, police said. he two armed factions of the National Socialist Council...
FE Report | 2008-06-05 00:00:00
The government should hike prices of petroleum products in phases, local private think-tank, CPD, said Wednesday, calling for interventions to lessen the "relative impact" on the transport sector."The government adjusted oil prices in April 2007, although diesel subsidies continued," executive...
SHANGHAI, June 4 (AP): Asian markets were mixed Wednesday as regional news outweighed the impact of an overnight decline on Wall Street. Tokyo and most other major markets advanced, while losses in telecoms shares pulled Hong Kong and mainland Chinese...
The growing money exchange business is at stake as the Indian High Commission (HC) and some other foreign missions have introduced new rule, reports UNB.According to sources, the Indian HC has introduced rule that Bangladeshi applicants for visa are to...
DHAKA, a mega city, would acquire the new status of 'meta' city as its population is set to increase to 20 million or more by 2020, according to discussions at a recent seminar. But somehow, Dhaka is a poorly planned...
BRASILIA, June 4 (AFP): Brazil confirmed yesterday it will use a victory against the United States over cotton subsidies in the World Trade Organisation (WTO) to demand pay-back in other areas."Brazil will make use of this power to demand compensation...
SINGAPORE, June 4 (AFP): World oil prices fell in Asian trade early today in reaction to US Federal Reserve chairman Ben Bernanke's comments about inflation, dealers said.In early morning trade, New York's main contract, light sweet crude for July delivery...
FE Report | 2008-06-05 00:00:00
The total turnover neared Tk 5.0 billion-mark Wednesday for the first time on Dhaka Stock Exchange (DSE) with stock prices gaining for the second straight day led by rally of bank and IT shares.On the back of huge transaction of...
In the spirit of promoting and protecting the environment as well as ensuring improved sanitation for rural dwellers, Australian High Commission has given a cheque of Tk 0.77 million (7.7 lakh) to the Society for Peoples' Actions in Change and...
EXIM Bank Limited organised a clients' get-together for the clients of Bogra region at Bogra recently.Director of the bank Md Abdul Mannan was present at the function as the chief guest while Managing Director Kazi Masihur Rahman presided over it,...
Nasrin SA drubs Abdul Hadi Lane 9-0Riding on a hattrick by Farhad, Nasrin Sports Academy drubbed Abdul Hadi Lane Jubo Sangha by 9-0 goals in a East Zone match of the Metropolis Pioneer Football League at Jagannath Hall University ground...
PESHAWAR, June 4 (Agencies): A bomb explosion ripped through a video shop in a business centre of northwest Pakistan Wednesday, killing three people and wounding three, police said. The blast came as investigators probed who was behind a car bomb...
The Dhaka city committee of the crisis-ridden BNP has been dissolved, reports UNB.Secretary General Khandker Delwar Hossain dissolved the committee Wednesday as its president, secretary and some members and officials were involved in activities against the party's interest and discipline,...
FE Report | 2008-06-05 00:00:00
The inter-bank call money rate eased slightly Wednesday with injection of fresh cash into the market. The US dollar, however, maintained its stable nerve against Bangladesh taka (BDT) in the inter-bank foreign exchange market that experienced steady demand for the...
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