Naim-Ul-KarimPrices of a variety of spices, including cinnamon, cardamom and cumin seed have skyrocketed in the city markets ahead of the holy Eid-ul-Azha, market operators said.They said prices of the spices have soared by upto Tk 100 per kg from...
The Global Coal Management (GCM) plc, which owns the Asia Energy (Bangladesh) Corporation, has again changed its name. According to an announcement of the company, the GCM from now on will be known as GCM Resources plc as per a...
A Z M AnasThe British government is monitoring the flow of emergency aid as well as its utilisation in the areas battered by Cyclone Sidr as it has channeled its assistance mostly through the United Nations and international charities."From time...
LONDON, Dec 14 (Agencies): OPEC said Friday there were risks an economic slowdown could worsen in 2008 and forecast that weaker growth and easing political tension could take the heat out of near-record oil prices.OPEC, in its December Monthly Oil...
NUSA DUA, Dec 14 (Reuters): Europe toned down a clash with the United States over 2020 climate goals on the final day of U.N. talks in Bali on Friday, raising hopes of a deal to start negotiations on a new...
Jo Johnson, FT Syndication ServiceNEW DELHI: India's government and business community have taken offence at suggestions that Tata Group, the country's most respected and acquisitive conglomerate, would be an unsuitable owner for luxury brands in the US.Tata received a second...
Awami League presidium member Abdur Razzak Friday said governments run or backed by the military facilitated the rehabilitation of war criminals in Bangladesh, reports bdnews24.com."It's a sad reality that the Al Badr, Al Shams and their accomplices are doing politics...
Bangladesh has expressed its deep appreciation for the quick response of the United Nations in the aftermath of the cyclone Sidr that battered the country's coastal belt last month, reports BSS.At a meeting on the Central Emergency Response Fund (CERF)...
ADELAIDE, Dec 14 (BBC): Australia captain Ricky Ponting fired a brilliant unbeaten century to ease his side to a seven-wicket victory over New Zealand in the first ODI in Adelaide. Wicket-keeper Brendon McCullum turned on the style with the bat...
Visiting Sri Lanka Under-19 team made a comeback in the five-match one-day series 1-1 against Bangladesh Under-19 team as they beat the hosts by 14 runs in the second match at the Shaheed Chandu Stadium (SCS) in Bogra Friday, reports...
GENEVA, Dec 13 (Reuters): The United States squared off against other World Trade Organisation (WTO) members yesterday over its use of import penalties, an issue diplomats see as the latest obstacle to a new global trade deal. WTO judges have...
WASHINGTON, Dec 13 (AFP): The World Bank body that aids the poorest countries is gathering donors in Berlin today, hoping to raise record funds as a result of a growing field of donors, possibly including China. The International Development Association...
XIANGHE, China, Dec 13 (AFP): China's reported suspension of US movie imports is a serious issue Washington has raised "forcefully" with its Chinese hosts in trade talks near Beijing, a top US trade official said today. "We have spoken forcefully...
NEW DELHI, Dec 13 (AFP): India's industrial output grew unexpectedly strongly in October as the festival season boosted consumer demand, data showed yesterday, but economists said the surge would be short-lived. Output by factories, power utilities and other sectors accelerated...
SINGAPORE, Dec 13 (AFP): World oil prices fell in Asia today after earlier rocketing above 94 dollars as traders reacted to new measures that aimed to ease tight credit conditions, dealers said. In late morning trade, New York's main contract,...
TOKYO, Dec 13 (AFP): The dollar slipped against other major currencies in Asian trade today amid uncertainty about how effective a central bank plan to ease a global credit crunch will be, dealers said. The dollar was also pressured by...
ISLAMABAD, Dec 13 (PTI): Pakistan has cleared the import of 500,000 short staple cotton bales from India to make up for a shortfall in domestic production of the commodity. The decision was made during a meeting of the Economic Coordination...
TOKYO, Dec 13 (AFP): A central bank survey of corporate Japan is expected to show top executives grew more cautious in the fourth quarter due to worries about the health of the global economy and rising costs, analysts said. Jitters...
LONDON, Dec 13 (AFP): Britain's Finance Minister (FM) Alistair Darling today welcomed the decision by the Federal Reserve and other central banks, including the Bank of England, to inject cash and confidence back into tight eurozone money markets. Speaking to...
PARIS, Dec 13 (AFP): The EU's top financial affairs official said yesterday that Europe had asked China to refrain from changing its policy on its massive foreign reserves in order to avoid instability on currency markets. "We have said to...
HANOI, Dec 13 (Xinhua): Vietnam is considering two locations for the construction of its first pumped storage power plant to cope with electricity shortage at peak hours, according to local newspaper Vietnam Economic Times today. If the plant is built...
Our CorrespondentCHITTAGONG, Dec 13: As the salt farmers were deprived of just price of their product during the last season they are not interested enough to start salt cultivation in the current season. Despite passing of some time since the...
FE ReportNational Bank Limited (NBL) has donated Tk 2.5 million to the Chief Adviser's Relief and Welfare Fund for the cyclone-affected people.NBL Chairperson Parveen Haque Sikder handed over the cheque for the amount to Chief Adviser Fakhruddin Ahmed at the...
DU CorrespondentEastern Bank Ltd (EBL) in cooperation with Dhaka University Alumni Association (DUAA) has launched a financial grant programme titled 'EBL and DUAA Inspiration' for the students of DU.Under the programme, EBL will provide some 224 students from the total...
FE ReportThe government borrowed Tk 8.00 billion (800 crore) Thursday through auctions of treasury bills. It will result in withdrawal of Tk 8.00 billion from the market in the week.The central bank conducted auctions of 28-day, 91-day and 364-day bills...
FE ReportThe 7th international garment and allied machinery and accessories trade show 'Garmentech' is going to be held on January 12-15 at the Bangladesh China Friendship Conference Centre in the city.Zakaria Trade and Fair International of Bangladesh and Zak Trade...
FE reportThe total net asset value (NAV) of ICB AMCL Unit Fund stood at Tk 49,42,74,042.44 on the basis of cost price and Tk 69,08,31,424.23 on the basis of market price at the close of business operation on December 11.The...
FE ReportShahjalal Islami Bank Limited (SJIBL) opens its 25th branch at Bazar Road, Savar, Dhaka Thursday. Founder-Director of the bank Md Sanaullah Shahid inaugurated the branch as the chief guest.Chairman of the bank Akkas Uddin Mollah, vice chairmen of the...
FE ReportJamuna Bank Ltd opened its 31st branch at Jamgora of Ashulia at Savar Wednesday.Chairman of the bank Nur Mohammed inaugurated the branch as the chief guest.Vice Chairman Md Sirajul Islam Varosa, Director Gazi Golam Murtoza, Managing Director Mohammed Lakiotullah,...
FE ReportStandard Chartered Bank launched evening banking services at its Banani cash booth in the city recently. The evening banking services will benefit the businesses in the locality by offering banking services beyond normal banking hours. Customers can now withdraw...
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