FE ReportThe Asset Management Co Ltd (AMCL), a subsidiary of Investment Corporation of Bangladsh (ICB), has declared the net asset values of its two unit funds. The total net asset value (NAV) of ICB AMCL Unit Fund stood at Tk...
DETROIT, Jan 3 (AP): Ford Motor Company picked India's Tata Motors Limited as the top bidder for its Jaguar and Land Rover units, the Detroit automaker said Thursday. Ford has entered into "focused negotiations at a more detailed level" with...
SHANGHAI, Jan 3 (AFP): China's mutual fund industry nearly quadrupled in 2007 as millions of investors rushed to convert their bank deposits for higher returns in the stock market, state media said Thursday. Net assets of China's 363 mutual funds...
FE ReportIslami Bank Bangladesh Limited (IBBL) has started its brokerage house as a member of the Dhaka Stock Exchange after getting permission from the Securities and Exchange Commission and Dhaka Stock Exchange Limited. The brokerage house has been inaugurated at...
FE ReportApollo Hospitals Dhaka celebrated the beginning of the New Year 2008 in a festive mood with new commitments to achieve its new goals. The celebration event was inaugurated by Chief Executive Officer Ed L Hansen and he declared New...
FE ReportA fortnightly cake fair, namely 'Pousher Pitha Mela' began at Agora, the country's largest chain superstore Tuesday with different varieties of traditional cakes on offer.Nusran Zahan Khan and Afifa Hossain Ratna, proprietors of KNT Garden and Gharkanya, two "pitha"...
FE Report National Housing Finance And Investments Limited organised a workshop on "Anti-money laundering and combating the financing of terrorism" for its officials in the city Wednesday.Managing Director of the company Md Abdur Rab presided over the workshop, said a...
BANGKOK, Jan 3 (AP): Most Asian markets fell Thursday after gloomy economic data pushed down shares in the US and as US$100 a barrel oil raised concerns of a crimp in global growth.Hong Kong shares were also led lower by...
European equity markets moved lower in early trade Thursday as investors remained cautious in the face of record oil prices and slowing economic growth, according to Internet. The FTSE Eurofirst 300 was down 0.50 per cent to 1,4879.53, Frankfurt's Xetra...
BSC recommends 10pc cash dividend The board of directors of Bangladesh Shipping Corporation (BSC) has recommended 10 per cent cash dividend for the year 2006-2007. The annual general meeting (AGM) of the company will be held at its head office,...
ISLAMABAD, Jan 3 (Agencies): Pakistan's US-allied president must resign before next month's elections or the country could risk slipping into civil war, opposition leaders and a leading independent research institute said Thursday. The calls came after the government pushed back...
COLOMBO, Jan 3 (Reuters): Sri Lanka's 25-year civil war with Tamil Tiger rebels will likely escalate into the bloodiest period of fighting the island has seen after the government scrapped a tattered truce, experts saidSri Lanka plunged back into war...
NAIROBI, Jan 3 (Agencies): Riot police fired tear gas and water cannons Thursday to beat back crowds of protesters heeding an opposition call for a "million-man" rally that many fear could worsen the violence that already has killed 300 people...
MAE SARIANG, (Thailand) Jan 3 (Agencies): Myanmar's army has moved reinforcements into ethnic minority areas for the probable renewal of an offensive whose past human rights violations have been far greater than those against urban protesters that riveted world attention...
KABUL, Jan 3 (AFP): More than 200 militants were killed in last month's major operation to retake the southern Taliban stronghold of Musa Qala, the Afghan defence ministry said Thursday. Seventeen Taliban commanders were among the dead following the military...
KABUL, Jan 3 (AFP): More than 200 militants were killed in last month's major operation to retake the southern Taliban stronghold of Musa Qala, the Afghan defence ministry said Thursday. Seventeen Taliban commanders were among the dead following the military...
Iraqis will fill US troop withdrawals: Petraeus OWESAT, (Iraq), Jan 3: The impending drawdown of some 30,000 US troops from Iraq will not disrupt the "relentless" pursuit of Al- Qaeda as Iraqis are ready to take their place, says US...
Dwayne Bravo kept West Indies firmly in contention on the second day in Cape Town with two key wickets during the afternoon session. He removed Jacques Kallis and Hashim Amla in the space of eight balls to change the mood...
The 10th and final round of the four-day Ispahani Mirzapore Tea 9th National Cricket League begins today (Friday) at three different venues across the country, reports UNB.League leaders Khulna Division play home match against lowly Barisal Division at the Bir...
THE Dhaka International Trade Fair (DITF) was inaugurated on Tuesday with the usual enthusiasm. It has been a regular annual feature since the first holding of this exhibition twelve years ago. Every year the fair plays an important part in...
Manzur Ahmed TO encourage development through industrialisation, the government has allowed the import of capital machinery by extending some facilities. Thus, customs duty for the import of capital machinery is set at the lowest level --6%. Importers who are eligible...
Aline van DuynINVESTORS who put money into stock markets in Brazil, India, China and numerous other emerging markets can certainly afford to pop a few champagne corks now at year-beginning.In dollar terms, the gains on some of these equity markets...
Amy KazminVIETNAM'S state-controlled Vietcombank has raised $652m in a long-awaited initial public offering that investors hope will be the catalyst for Hanoi to move ahead with share sales in other large state enterprises.Vietcom, one of the big four state-owned commercial...
It was reported earlier in the media that a target was set up to earn annually more than 2.00 billion through software export. This projection was, no doubt, inspirational. But anyone knowing well the Information Technology (IT) scene here could...
THE law and order situation is not bad considering the fact that it was pretty bad a couple of years ago. The 'mastans' in different neighbourhoods, the godfathers, the so called 'cadres' etc., they are on the run. The muggers...
Amin Ahmed ChowdhuryIN the afternoon of December 27, 07 Mohatarama Benazir Bhutto, was standing on a jeep through its open roof after a party rally in Rawalpindi. She was waving at the crowds. The jeep was moving very slowly. Right...
M. A. TaslimTHE dispute settlement mechanism of WTO was established with a view to ensuring that the trade policies and other measures of the member countries were consistent with the WTO rules, and did not impair or nullify the rights...
ISLAMABAD, Jan 2 (AFP): Pakistan President Pervez Musharraf was to appeal for calm and national unity Wednesday after the assassination of Benazir Bhutto, with a delay in elections due to be announced later in the day. Bhutto's opposition party and...
COLOMBO, Jan 2 (AFP): Suspected Tamil Tiger rebels set off a powerful roadside bomb in the Sri Lankan capital Wednesday, killing at least five people and wounding 26 others, police said. The powerful Claymore mine-a fragmentation bomb packed with ball...
GAZA CITY, Jan 2 (AFP): An Israeli airstrike in the northern Gaza Strip killed six Palestinian militants early Wednesday, medics said, including three from the Hamas movement that has ruled Gaza since June. The overnight helicopter strike near the border...
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