SINGAPORE, Jan 1 (AFP): Singapore's economy grew 7.5 per cent in 2007, marking the fourth straight year of strong growth, Prime Minister Lee Hsien Loong said yesterday in his New Year message. But Lee, forecasting slower growth in 2008, said...
NEW YORK, Jan 1 (globeandmail): After years of surging prices in the global commodity markets, 2008 might prove a more difficult year, as a slowing global economy should take the wind out of the sails of much of the market,...
WASHINGTON, Jan 1 (Reuters): The pace of existing US home sales edged up in November from a record low, according to a report yesterday that offered some tentative signs of stabilisation in the still- ailing housing market. Sales of previously...
NEW DELHI, Jan 1 (PTI): Indonesia's anti-dumping authority has recommended imposition of dumping duties against five countries, including India, for shipping hot rolled coils to that country after complaints by local steel makers. "Indonesia's Anti Dumping Committee (KADI), in its...
FE ReportMA Salam has recently been promoted to the post of additional managing director of the Provati Insurance Company Limited. He was, prior to this promotion, the deputy managing director of the company. Salam obtained his master's degree with honours...
Our CorrespondentCHITTAGONG Jan 01: With a view to bringing dynamism in the revenue earnings of the National Board of Revenue (NBR) and other related organisations, citizen charters would be published soon. Besides, a book with details of the rules and...
FE ReportSenator of Michigan State, the USA Hansen Hashim Clarke is keen to strengthen bilateral trade ties between Bangladesh and his country.This was disclosed while the Dhaka Chamber of Commerce and Industry (DCCI) held a meeting with the US senator...
FE Report Islami Bank Bangladesh Ltd (IBBL) has held one of the leading positions in deposit, investment and handling of foreign exchange business in the country's private banking sector. The bank's total deposit stood at Tk 166.63 billion (Tk 16,663...
FE Report Indenting agents of the country emphasised simplification of the regulatory and controlling practices that creating adverse effects in indenting business, import of goods and commodities. The representatives of the member-firms of the Bangladesh Indenting Agents' Association (BIAA) expressed...
FE Report Global Markets of HSBC Bangladesh recently organised a three-day workshop on 'BASEL-II and its impact on Treasury Management' at Srimongol in Sylhet recently. Dealers from fifteen local private banks, three nationalised banks and central bank personnel took part...
FE ReportMutual Trust Bank Ltd (MTBL) inaugurated its 30th branch at Joypurhat recently.Chairman of MTBL Samson H Chowdhury formally inaugurated the branch.Chowdhury said the bank has a contribution to the agricultural sector for promoting agro-based industry in this region. He...
FE ReportAnnual sales and marketing conference of the Square Pharmaceuticals Ltd was held at Cox's Bazar recently.Director of the company KM Saiful Islam, Director (Marketing) Muhammadul Haque, Deputy General Manager (Marketing) Md Mizanur Rahman, Assistant General Manager (Sales) Aminul Hoque...
FE Report Rupantarita Prakritik Gas Company Limited (RPGCL) earned over Tk 917 million (9171.81 lakh) revenue during the fiscal 2006-2007, which was 49.07 per cent higher than that of the previous year. This was disclosed at the 20th annual general...
FE ReportSoutheast Bank Ltd has opened its 38th branch at Bashurhat in Noakhali district recently.Managing Director (MD) of the bank Neaz Ahmed inaugurated the new branch as the chief guest, said a press release. Company Secretary of the bank Muhammad...
BANGKOK, Jan 1 (AP): Asian stock markets had a strong, if volatile, year with China leading the pack as investors bet on the region's continued growth prospects. Several exchanges notched gains of more than 20 per cent and among Asia's...
FE ReportThe 36th annual general meeting (AGM) of Institute of Cost and Management Accountants of Bangladesh (ICMAB) was held in the city recently.President of the Institute Mamtaz Uddin Ahmed presided over the meeting, said a press release.Secretary of the Institute...
NEW YORK, Jan 1 (Reuters): Home builders and financial issues, the biggest casualties of the subprime lending meltdown, were hit again by tax-motivated selling in recent weeks but could rebound a bit early in the new year, money managers said...
FE ReportFair and Lovely and Lifebuoy of Unilever Bangladesh Limited have been endorsed by the Bangladesh Dermatological Society (BDS). The endorsement ceremony was held in the city recently, said a press release.Finance Director of Unilever Bangladesh Mahtabuddin Ahmed and President...
NEW YORK, Jan 1 (AFP): US stocks ended a tumultuous 2007 with a whimper Monday, retreating in the face of a new year fraught with worries about economic growth, a housing meltdown and tight credit. The Dow Jones Industrial Average...
LONDON, Jan 1 (AFP): Europe's main stock markets fell in shortened trade Monday -- the final dealing day of a year in which gains for equities have been curtailed by worries about the troubled US economy. London's FTSE 100 index...
FE Report Rupali Chowdhury has been appointed managing director (MD) of Berger Paints Bangladesh Limited (BPBL) with effect from Tuesday. Chowdhury began her professional career in 1984 with CIBA, a Swiss multi-national company, and later joined Berger in 1990. Masih-Ul-Karim...
FE Report AQ Siddiqui, former managing director (MD) of Sonali bank, has recently joined Bangla-desh Comm-erce Bank Limited (BCBL) as chairman. Siddiqui is a very senior banker. He joined Habib Bank Limited as a probationary officer in 1960. Earlier, he...
Stock dividend creditedThe authorities of Agni System have stated that the stock dividend of the company for the year 2006-2007 have already been credited to the respective shareholders' BO accounts. Resumption of trading Normal trading of the shares of Power...
PARIS, Jan 1 (Reuters): From New York to Baghdad to Sydney, New Year's revelers welcomed 2008 with parties, fireworks and hopes for peace and prosperity. But reminders of violence were apparent as security was tightened in many nations.Fireworks were canceled...
LUCKNOW, (India) Jan 1 (AFP): Two assailants with guns and grenades ambushed a police recruitment center in northern India early Tuesday in an attack that killed seven police officers and a civilian, a police official said. The assailants approached the...
NAIROBI, Jan 1 (Agencies): Kenyans warily ventured out in search of food on Tuesday as violence over the disputed presidential election eased, but did not end, after four days of convulsing the country and leaving nearly 150 dead. Meanwhile, four...
GAZA CITY, Jan 1 (AFP): At least five Palestinians were killed and around 40 wounded in armed clashes on Monday between Fatah loyalists and Hamas police in the south of the Islamist-ruled Gaza Strip, medical sources said. A 12-year-old boy,...
COLOMBO, (Sri Lanka), Jan 1 (AFP): A gunman assassinated an opposition lawmaker and one other person at a New Year religious service near Sri Lanka's capital Tuesday, and the lawmaker's party held the government responsible for his slayinghe unidentified attacker...
GAZA CITY, Jan 1 (AFP): Palestinian president Mahmud Abbas said on Monday that he was ready to "open a new page" with Hamas if the Islamist movement gave up its control of the Gaza Strip. But violence soon broke out...
NKorea calls for stronger military, economy in 2008 SEOUL, Jan 1: North Korea vowed Tuesday in a New Year policy message to strengthen its military and its economy in 2008 but made no mention of its failure to meet a...
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