KABUL, Mar 20 (AFP): US Vice President Dick Cheney said Thursday he expected the new Pakistan government to be "good and effective" US allies, as he made a surprise visit to neighbouring Afghanistan. "I expect they'll be good and effective...
RAMALLAH, Mar 20 (Reuters): The once-dominant Fatah faction is looking for new blood as it struggles to draw popular support away from its Islamist rival Hamas and overcome diplomatic deadlock in Palestinian peace efforts with Israel. President Mahmoud Abbas of...
WASHINGTON, Mar 20 (AP): Ben Bernanke's juggling act has gotten harder. The Federal Reserve chairman has been taking extraordinary steps to prevent credit, financial and housing problems from driving the country into a deep recession. At the same time, he...
BRASILIA, Mar 20 (AFP): The presidents of Brazil and the European Commission expressed optimism yesterday that a deal could soon be reached on the Doha round of negotiations launched by the World Trade Organisation (WTO). Luiz Inacio Lula da Silva...
TOKYO, Mar 20 (Reuters): The nomination of a new Bank of Japan (BoJ) governor may be delayed until April as parliament will be preoccupied with tax measures until then, media said Thursday, blaming political parties for the vacuum at the...
SEOUL, Mar 20 (AFP): South Korea today announced an emergency decision to lift import tariffs on 70 price-sensitive products including wheat and corn to help tame rising inflation. The decision was made at a meeting of economic ministers chaired by...
LONDON, Mar 20 (Xinhua): The number of people in employment in Britain increased to a new record high of 29.46 million in the period of last November to January, according to official figures released yesterday. Employment rose by 166,000 on...
LOS BANOS, Philippines, March 20 (AFP): Vietnam's farm sector is reeling from outbreaks of pests and disease that could threaten its neighbours including China, according to one of the world's leading rice experts. Hanoi and the world scientific community have...
BAGHDAD/DUBAI, March 20 (Reuters): Five years after the US-led invasion, Iraq's oil sector is at last pumping at the level it managed under Saddam Hussein, but it could take years to make further progress. Iraq holds the world's third-largest oil...
SINGAPORE, March 20 (AFP): The dollar continued to gain against the euro and the yen in Asian trade today but the greenback's rebound is seen likely to be short-lived owing to lingering uncertainties over the US economy, dealers said. In...
HONG KONG, March 20 (Reuters): Gold prices slumped more than 2 per cent to their lowest in a month and oil dropped as doubts about the global economy continued to unnerve commodity asset classes that had soared to record highs...
FE ReportA delegation of non-resident Bangladeshis (NRB) called on Janata Bank Ltd (JBL) Chairman Suhel Ahmed Choudhury at his office Wednesday and exchanged views on various issues of banking business.The NRB delegates expressed keen interest in participating in economic development...
FE ReportShahid Hamid took over as the first general manager of Dhaka Regency Hotel and Resort Limited, a five-star private sector hotel owned by the British Bangladesh Investment Group, recently.Shahid brings with him three decades of extensive expertise in hospitality...
DUBAI, Mar 20 (PTI): Saudi Arabia's first women-only hotel formally opened in Riyadh with the aim of providing suitable and comfortable place for Saudi businesswomen to work and stay. "The hotel would provide a suitable and comfortable place for Saudi...
FE Report The Bangladesh Association of Banks (BAB) will submit recommendations to the central bank within a week on appointment of two directors in each of the banks from their depositors. The Bangladesh Bank (BB) sought opinions from the BAB,...
FE ReportThe Asset Management Company Ltd (AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), has declared the net asset values (NAV) of its two unit funds. The net asset value of ICB AMCL Unit Fund stood at Tk 59,99,26,018.86...
FE ReportThe 4th brokerage house of Mutual Trust Bank Limited (MTBL) has started its operation at Uttara Model Town in the city recently. Securities and Exchange Commission Chairman Faruq Ahmed Siddiqi inaugurated the brokerage house as the chief guest while...
FE ReportIFC, a member of the World Bank Group, is collaborating with Eastern Bank Ltd to increase the financing opportunities available to small and medium enterprises (SMEs) in Bangladesh. IFC Advisory Services for South Asia - the SouthAsia Enterprise Development...
FE ReportThe first ever roadshow of Prime Bank Limited showcasing different products and services of the bank was formally inaugurated in the city Wednesday. The roadshow with a 'feature of travelling demonstration will be brought to all the 61 branches...
Abu Alam Chowdhury, president of Bangladesh Craft and Giftware Exporters Association, has been elected unopposed vice-president of Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) for the term 2007-08, said a press release.Election of FBCCI was held on March...
FE ReportThe Bangladesh Women Chamber of Commerce and Industry (BWCCI) received 'A class Chamber' status last Saturday from the apex trade body Federation of Bangladesh Chambers of Commerce and Industry (FBCCI)."I am directed to inform you that the FBCCI has...
FE ReportAktel cautioned their valued customers about the current fraudulent phone calls made by unscrupulous personnel. The company, in a press release said that it had been observed recently that certain quarters had been involved in misleading and deceiving Aktel's...
FE ReportStandard Chartered Bank signed an agreement with REL Motors Ltd in the city recently. Under the agreement, the bank will offer special interest rates to customers purchasing Subaru motor vehicles from REL Motors Ltd. by availing auto loan facility...
FE ReportDutch-Bangla Bank Limited (DBBL) extended financial assistance to Horizon Primary School, Rangpur for providing educational materials to underprivileged students. Medical Consultant of the bank Mozammel Hossain Khan handed over the educational materials to the school's authority recently.In a discussion...
A Netherlands-Singapore joint venture company, Mainetti (Bangladesh) Pvt Limited, will set up an industry for manufacturing garment accessories in the Dhaka Export Processing Zone (DEPZ) with an involvement of 8.0 million US dollars, reports BSS.The one hundred per cent foreign-owned...
FE ReportCharka Textile Limited, a sister concern of PRAN-RFL Group, signed an agreement with Industrial and Infrastructure Development Finance Company Limited (IIDFC) in the city recently.Under the agreement, IIDFC will act as lead arranger for raising syndicated financing of Tk...
Chairman of JCPenney Purchasing Corporation Peter McGrath sees bright future for fashion apparel and ceramics exports from Bangladesh.Peter McGarth and his top level delegation (including Janet Fox, vice president Strategic Sourcing, Steve Bohman, director (Sourcing), Jackie Nixon, regional director, Adil...
Our correspondentBOGRA, March 20: Price of coarse rice in the local market increased by Tk 2-3 per kg in the district. The price was Tk 28 per kg in the local market a week back. But now it is sold...
HONG KONG, March 20 (Internet): Stock markets across Asia turned mixed in late trade Thursday, as bargain hunters stepped in after early losses triggered by a slump in commodity prices and Wall Street's decline overnight.South Korea and Shanghai managed a...
FE ReportPubali Bank Limited recently organised a workshop on flat loan at the bank's head office in the city.Consumers credit agents of the bank from all over the country and 132 branch managers participated in the workshop.Managing Director of the...
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