SEMARANG, Central Java, Dec 24 (Internet): Incessant heavy rains triggered flooding which inundated hundreds of hectares of rice fields in Grobogan District over the past few days.Floodwaters reaching a height of between 30 and 50 centimeters submerged fields of 40-day...
RIO DE JANEIRO, Dec. 24 (Xinhua): The Brazilian government has added three chemicals to its list of products barred from import and production in the nation, the country's Environment Ministry said in a statement yesterday. The banned products are agricultural...
ABU DHABI, Dec 24 (Xinhua): The Dubai-based real estate developer Nakheel has entered an agreement to acquire 6.51 per cent stake in Australian property company Mirvac Group, local newspaper Khaleej Times reported yesterday. The move is part of overseas expansion...
BASF AG, the world's leading chemical company, and Russia's OAO Gazprom have jointly launched production operations at the Russian natural gas field Yuzhno Russkoye. This is the first time that a German company has been directly involved in the production...
NEW YORK, Dec 24 (Reuters): US retailers offering the widest discounts were the winners of this year's holiday shopping season, as budget-conscious consumers scrounged for deals in a challenging sales environment, according to a national survey released Sunday.Consumers were hungry...
FE ReportThe 20th annual general meeting (AGM) of the Bangladesh Insurance Association was held in the city recently.Bangladesh Insurance Association Chairman AMK Raflqul Islam presided over the meeting.United Insurance Chairman M Moyeedul Islam, National Life Insurance Chairman M Haider Chowdhury,...
FE ReportDulamia Cotton Spinning Mills Limited has declared 5.0 per cent dividend for the year 2006-07. The dividend was approved at the 20th annual general meeting of the company held on the factory premises at Dagonbhuiyan, Feni recently.Managing Director of...
Fakhrul AlamCHITTAGONG, Dec 24: The country's construction industry is severely affected due to an acute crisis of scrap-iron stemming from the abnormal rise in prices of the same in international markets, sources saidWith the rising demand for iron in different...
FE ReportThe 359th branch of Pubali Bank Ltd has been opened at Ekatuna Bazar in Moulvibazar recently. Chairman of the bank's board of directors Hafiz Ahmed Majumder formally inaugurated the new branch as the chief guest.Managing Director of the bank...
FE Report Citycell has recently participated in a seminar titled 'Prospects and Future of ICT Education in Bangladesh' organised by Southeast University. The seminar was held at the university auditorium in the city, said a press release. The seminar was...
Our CorrespondentRANGPUR, Dec 23: Fake herbal medicine traders are doing brisk business by cheating ignorant people, especially in rural areas of the district, sources said.The ignorant rural folks, who are lacking proper knowledge of herbal medicine, are buying the fake...
FE ReportCountry's top band music singers will rock the Warid Caller Tunes Campaign Grand Finale Concert at Kalabagan playground on December 28 (Friday).Top band singers, James of Nagar Baul and Ayub Bachchu of LRB, rock musician Sumon of Aurthohin and...
BENAPOLE, Dec 24 (UNB): The turn over was estimated at Tk 12.5 million (1.25 crore) at the Rajarhat hides and skins market, the largest in southwest region, Saturday.Alauddin Mukul, secretary of hides and skin traders association, told the news agency...
FE ReportThe 53rd meeting of the board of directors of LankaBangla Finance Ltd was held at its Banani office in the city recently.Chairman of the company's board of directors Mohammad A Moyeen presided over the meeting, said a press release.Managing...
FE ReportM/s Dong Bang Facilities (BD) Limited Managing Director Ko Jae Hyeng signed a lease agreement with Bangladesh Export Processing Zones Authority (BEPZA) General Manager (investment promotion) AZM Azizur Rahman at BEPZA complex in the city recently for expansion of...
Our CorrespondentBRAHMANBARIA, Dec 24: Local wayside vendors are making a brisk business of selling Pitha (cake) with the advent of winter the demand for the same is gradually increasing at the district town. Most of such makeshift shops are usually...
FE ReportAKTEL, a leading telecom service provider in the country, has signed an agreement with Pragati Life Insurance Ltd.AKTEL's Managing Director (MD) Kamshul Kasim and his Pragati Life Insurance counterpart M Shefaque Ahmed signed the agreement on behalf of their...
FE Report A CPE seminar organised by the Institute of Chartered Accountants of Bangladesh (ICAB) on 'Small and Medium Practices (SMP)-Tryst for Survival and Growth: Bangladesh Perspective' will be held at ICAB auditorium, Chartered Accountant Bhaban, 100 Kazi Nazrul Islam...
FE ReportAs part of their corporate social responsibility (CSR), Siemens Bangladesh Limited and Microsoft Bangladesh Limited have stood beside the Sidr- affected people of the country, said a press release.The authorities of Siemens Bangladesh have donated over 20 water purification...
BANGKOK, Dec 24 (AP): Asian markets rose Monday on renewed investor confidence after strong US consumption data and a rally on Wall Street Friday diminished some concerns about the American economy.Hong Kong's market was lifted by gains in property developers,...
LONDON, Dec 24 (AFP): Europe's main stock markets drifted upwards Monday, with Frankfurt shut for the Christmas holidays, while London and Paris were set for an early lunchtime finish. In early deals on Christmas Eve, London's FTSE 100 index of...
NEW YORK, Dec 24 (Reuters): Equipment rental group United Rentals Inc said Monday it terminated its US$4.0 billion takeover by Cerberus Capital Management and asked Cerberus to pay United Rentals a $100 million termination fee. On December 21, a court...
LONDON, Dec 24 (Reuters): Shares in media group Emap jumped briefly Monday on speculative interest as some investors took the view that a counter-bidder may pitch for the company's specialist publishing and conferences assets. Several media analysts said the possibility...
NEW YORK, Dec 24 (Reuters): Merrill Lynch and Company Inc., bracing for billions of dollars on mortgage losses in the fourth quarter, said Monday it plans to sell most of its Chicago-based middle-market lending business to General Electric Company's commercial...
PARIS, Dec 24 (Reuters): France's atomic energy regulator is prepared to sell shares in nuclear reactor maker Areva to help the regulator's financing, the head of the organisation told newspaper La Tribune. "Nothing has been fixed. It will all depend...
LONDON, Dec 24 (AP): MAXjet Airways said Monday it had filed for bankruptcy, taking what the all-business class airline called a "drastic measure" because of soaring fuel prices and the deteriorating credit market. The bankruptcy forced MAXjet to reserve hotel...
DUBAI, Dec 24 (AFP): Abu Dhabi Commercial Bank (ADCB) is negotiating to buy a 25 per cent stake in RHB Capital, the fourth largest banking group in Malaysia, the official WAM news agency said Sunday. "ADCB has confirmed that exclusive...
MOSCOW, Dec 24 (Agencies): President Islam Karimov, the authoritarian and repressive leader of Uzbekistan, was seeking to extend his rule in a tightly controlled election that featured three other candidates - all of whom publicly supported his policies.Karimov, a former...
BANGKOK, Dec 24 (Agencies): Thailand's political parties pursued coalition talks Monday after allies of deposed Prime Minister Thaksin Shinawatra won nearly half the seats - but not an outright majority - in the first parliamentary election since a military coup.The...
PESHAWAR, Dec 24 (AFP): Pakistan's military said Monday that the death toll from a suicide attack on an army convoy was up to nine, with 23 people wounded. Sunday's attack took place in the Swat valley in the country's restive...
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