SEOUL, Nov 28 (AFP): South Korea's Samsung Electronics said today it is targeting 20 billion dollars in profits on sales of 150 billion dollars by 2012. "Samsung Electronics has grown significantly for the past decade," Chu Woo-Sik, senior vice president...
FE ReportWorld's leading thermal acupressure device manufacturer, CERAGEM of South Korea is rapidly expanding in Bangladesh as demand grows for its unique thermal acupressure service with advanced technology and effectiveness.This company is offering service to thousands of customers everyday free...
FE ReportThe country's leading shipping companies-Sea Borne Private Ltd and Everbest Shipping Agencies Ltd-administered relief operations among 350 cyclone-affected families at Rajapur village of Sharonkhola in Bagerhat district Tuesday.The relief materials included dry foods, sari, lungi, pure drinking water, water-purifying...
DSE meeting on current market trend A meeting of the DSE members on current securities market and counselling with the investors and authorised assistants will be held at Hotel Purbani on November 29 at 6:00 pm. SEC Chairman Faruk Ahmad...
Shakhawat Hossain The World Bank (WB)-funded Enterprise Growth and Bank Modernisation (EGBM) project is likely to be extended at the request from the ministry of finance (MOF), sources said.The tenure of the three-year $250 million EBGM project is scheduled to...
FE ReportM/s American and Efird (Bangladesh) Ltd will establish an industrial sewing thread industry in Karnaphuli Export Processing Zone.A 100 per cent foreign owned company jointly sponsored by America and Sri Lanka will invest US$ 7.222 million to set up...
BARISAL, Nov 28 (UNB): Power supply through the Rural Electrification Board (REB) has not yet been resumed in most of the cyclone affected areas in the Barisal region. The extent of damages in the power sector has surpassed Tk 100...
Japanese entrepreneurs are interested in joining the effort to develop Bangladesh's gas and coal sectors -- the two potential fields of energy, reports UNB.Japan-Bangladesh Joint Committee for Commercial and Economic Cooperation (JBCCEC) Chairman Koji Nojima leading a nine-member JBCCEC delegation...
RANGPUR, Nov 28 (BSS): Market prices of onion marked a sharp fall by over 50 per cent within a span of only five days everywhere in the northern districts of the country, market sources said.The sources said the consumers had...
FE ReportPatuakhali, Barguna and Pirojpur branches of the Islami Bank Bangladesh Limited (IBBL) distributed relief among the distressed families of the districts. Senior Vice President and Head of Rural Development Division of the bank Md Obaidul Haque distributed relief among...
ANNAPOLIS, Maryland, Nov 28 (AFP): Israel and the Palestinians pledged Tuesday to seek a peace deal by the end of 2008 as they relaunched negotiations frozen for seven years at a major US-sponsored conference. Flanked by Israeli Prime Minister Ehud...
RAWALPINDI, Nov 28 (AFP): Pakistan's President Pervez Musharraf bade farewell to the army Wednesday at a military ceremony before handing command to his successor. "I will not be in uniform tomorrow," he told hundreds of invited guests and dignitaries at...
COLOMBO, Nov 28 (AFP): A female suicide bomber killed herself in the Sri Lankan capital Wednesday, wounding at least three security men outside a senior minister's office, the police said. The bomber, a suspected member of the Tamil Tiger rebels,...
TOKYO, Nov 28 (AFP): Japan's opposition-ruled upper house (UH) voted Wednesday to end the country's air mission to Iraq, but the bill was expected to be overridden by the lower chamber of the divided parliament. The opposition has accused the...
JALALABAD, Afghanistan, Nov 28 (Reuters): United States (US) air-strikes killed 12 civilian road workers in eastern Afghanistan, a provincial governor said Wednesday, an incident bound to fuel Afghan resentment against the presence of international forces. NATO has tightened procedures for...
Chief Adviser (CA) Dr Fakhruddin Ahmed has once again stressed the need for well-coordinated relief and rehabilitation efforts to fulfil the real needs of the cyclone-affected people.The Chief Adviser expressed the view while receiving donations from the representatives of different...
BNP Chairperson Khaleda Zia nominated Secretary General Khondoker Delwar Hossain has questioned the neutrality of the Chief Election Commissioner (CEC) over his remark on party registration, which he said was "unnecessary intrusion and unconstitutional." "It is not his job to...
BRAHMANBARIA, Nov 28 (UNB): Joint forces arrested two BNP and Jubo Dal leaders from Kandipara in the district town Tuesday.Acting on a tip-off, the joint forces raided the area in the evening and arrested district BNP Organising Secretary Sirajul Islam...
Thirty-three more individuals, institutions and national and international organisations Wednesday donated Tk 30,244,508 and US$ 1,504,000 to the Chief Adviser's Relief and Welfare Fund in aid of cyclone hit people, report agencies.Those who have donated fund until 2:30 pm today...
Riding on a Nafees Iqbal ton, hosts Chittagong Division scored 270 for 4 in 77 overs against Barisal Division in the first innings at stumps on the second day of the sixth round four-day match at the Bir Shreshtho Shaheed...
KANDY, Nov 28(AFP): Muttiah Muralitharan returns to his home town to become Test cricket's most successful bowler, a feat Australia denied him but England are unlikely to prevent. The spin wizard (35) begins Sri Lanka's first Test against Michael Vaughan's...
Touring Bangladesh Under-19 team went down in the five-match one-day series 0-2 after a huge 79-run defeat against Pakistan Under-19 side in the second one-day match at Niaz Stadium in Hyderabad Wednesday.Earlier, in the first one-day match Monday, Bangladesh made...
FE ReportAnti Corruption Commission (ACC) Chairman Hasan Mashhud Chowdhury said Wednesday shaping Bangladesh as a corruption-free nation would largely depend on the quality of future leadership. "The matter with regard to shaping the future of Bangladesh depends largely on the...
Shahiduzzaman Khan Bangladesh is going to face a 'difficult challenge' in its history, given the devastating floods and cyclone, and the rocketing oil and commodity prices in the international market. Such views were expressed by the Asian Development Bank (ADB)...
FE ReportThe National Board of Revenue (NBR) chairman Muhammad Abdul Mazid said Wednesday the board will issue a 'Citizen Charter' within two weeks with a view to ensuring transparency in its operations.The board will introduce the charter with an objective...
Siddique Islam The Bangladesh Bank (BB) will ask eight government-owned banks and financial institutions to intensify disbursement of fresh farm loan along with rural credit to all sections of cyclone-affected people. The central bank will take the move to ensure...
Amy Yee, FT Syndication ServiceDHAKA: As Cyclone Sidr swept across the Bay of Bengal towards the coast of Bangladesh, 38-year-old shopowner Boni Amin Talukder paced through the remote village of Galachipa urging local people to seek refuge in concrete shelters....
A Dhaka court Wednesday set Dec 3 for hearing on charge framing on the Tk 30 million extortion case against former Prime Minister Sheikh Hasina and two others in presence of the accused in the dock, reports bdnews24.com. Dhaka Metropolitan...
FE ReportStock prices on the Dhaka Stock Exchange (DSE) continued to shed for the second consecutive day Wednesday as the Securities and Exchange Commission (SEC) cautioned investors that tough measures would be taken if the market continued to behave irrationally.Market...
The government Wednesday approved purchase of 1.2 million (12 lakh) tonnes of crude oil worth Tk 73.53 billion (7,353 crore) from Saudi Arabia and Abu Dhabi for 2008, reports bdnews24.com. The oil will be imported from Saudi Aramco, the state-owned...
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