FE Report The visiting 15-member Iranian business delegation Sunday proposed to form a special committee on exchange of information to increase trade and investment between Bangladesh and Iran.The Iranian leader of the delegation Gholamhossein Shafeai said this while he was...
A special court, trying high-profile corrupt suspects, Monday sentenced ex-additional IGP M Shahidullah Khan to six years' imprisonment in absentia for evading income tax and concealing his wealth information, reports UNB.Judge M Ashraf Hossain sentenced him to five years' in...
Citigroup is selling up to 4.9 percent of itself for $7.5 billion to the investment arm of the Abu Dhabi government, giving the largest US bank fresh capital as it wrestles with the subprime mortgage crisis and the resignation of...
Police Tuesday arrested two people in Mohammadpur in the capital, who they say were militants with suspected links to the August 21, 2004 grenade attack on an Awami League rally. The arrestees, Maulana Md Monir Hossain, 35, and Maulana Md...
The government fears a food shortfall of about 10 lakh tonnes this year due to the floods and cyclone, a government official said Monday. "Though we have sufficient stock we have to remember that the country has faced two floods...
The foreign observers including the UNDP representative, who witnessed the conditions in the cyclone-hit areas recently, are generally appreciative of what the governmental authorities have been doing to aid the victims and repair damage caused by the cyclone. For example,...
Shamsul Huq ZahidCYCLONE, codenamed, Sidr, has caused extensive devastation in the country's south and southwest coastal districts on November 15 last. It has claimed lives of nearly 5000 people, over 0.15 million cattle heads, razed hundreds of thousands or kutcha...
Joe Leahy and Sundeep TuckerPRIVATE equity firms have been constrained in India by the predominance of family-owned businesses, a lack of large buy-out opportunities and restrictions on the financial leverage that buyers can use.A recent survey by KPMG found that...
Raphael Minder and John AglionbyIN the south of Mumbai in India, on a site that used to house an explosives factory, Prashant Kothari is now producing biofuel from jatropha, a robust bush whose cultivation is expanding rapidly across Asia.Growing jatropha...
NOW that estimates are coming about the extent of crop damage by the two floods and cyclone, all concerned should take note of the same to beef up arrangements for food security. According to the president of Bangladesh Economic Association,...
Parents have a common desire to get their sons or daughters enrolled into a reputed school. For this reason, they do not hesitate to go a long distance or face daily hassle of traffic jams. Not only that they have...
Maswood Alam KhanSINCE the day I took charge of my office in Khulna the scene that had been curdling my blood was a huge unipole billboard (hoarding signboard on a single pole made of wide metallic pipes) erected about 40...
Mashiar RahmanTHE 36th death anniversary of Yusuf Ali Chowdhury (Mohan Mia) will be observed today (Monday). He was born in 1905 and died in 1971.Khan Saheb Moizuddin Chowdhury, father of Mohan Mia breathed his last when Mohan Mia was just...
BRUSSELS, Nov 25 (Reuters): Top European Union officials will talk tough in Beijing next week about China's snowballing trade surplus and its reluctance to open its booming economy further to European business.The EU has long taken a softer approach to...
LONDON, Nov 25 (Reuters): There are some early signs the credit crunch is starting to take its toll on small businesses, but the impact on the economy is likely to be only limited, according to a poll by the Confederation...
House prices fell in one-third of US cities last quarter as stricter lending standards caused a 14 per cent decline in sales nationwide.Prices dropped in 54 of 150 metropolitan areas in the third quarter and the median sales price dropped...
FE ReportA workshop on "BASEL-II" for the executives and officers of Al-Arafah Islami Bank Limited was held at its training academy in the city recently.AIBL Managing Director MA Samad Sheikh inaugurated the workshop as the chief guest.A total of 33...
HONG KONG, Nov 25, (AFP): Asian currencies ended the week mostly up against the US dollar, with the notable exception being the Australian unit, which was down more than one cent on the previous week. JAPANESE YEN: The Japanese yen...
FE ReportEmirates, one of the world's fastest-growing airlines is reinforcing its footprint in Bangladesh with the formal launch of its flagship office in the city's Gulshan Circle 1.While waiting in the comfortable lounge area on the ground floor, which can...
NEW DELHI, Nov 24 (PTI): National Agricultural Cooperative Marketing Federation of India (NAFED), leading nodal agency for onion exports, has reduced the minimum export price by 70 dollars to an average of $ 425 a tonne recently. "We have reduced...
FE ReportRefugee and Migratory Movements Research Unit (RMMRU) of Dhaka University held a training of trainers (ToT) programme on 'better management of migrants' remittances: 3rd TOT for capacity building of bank officials'.The training was organised in association with Manusher Jonno...
Jatra and MTI Consulting have signed an agreement on an "Organisational Structuring" project. The agreement signing ceremony took place at the renovated showroom of Jatra at Banani with Jatra Managing Director Anusheh Anadil, Country Representative Saima Mazhar along with business...
BEIJING, Nov 25 (Xinhua): China, the world's most populous nation, will remain 95 per cent self-sufficient in grain in the future by expanding both output and reserves, said a senior official with the National Development and Reform Commission, the country's...
President Iajuddin Ahmed Sunday called upon the accountancy professionals to uphold the actual balance-sheet of country's larger financial and business establishment in order to increase government income, reports UNB."As you know, with the pace of globalisation and emerging of corporate...
Our CorrespondentCHITTAGONG, Nov 25: Speakers at a round table were alleged that 85 per cent of residential subscribers of Chittagong WASA were being deprived of adequate water supply and other facilities. Moreover, they were being harassed at every step. Speakers...
FE ReportNominations have been invited for the Standard Chartered-Financial Express Corporate Social Responsibility Award-2007.The nominations have been invited following a decision taken in a meeting of the board of trustees of the award. Chairman of the trust Prof Wahiduddin Mahmud...
FE ReportPubali Bank Limited (PBL) organised a seminar at its board room in the city Saturday to increase foreign exchange business of the bank. Managing Director of the bank Helal Ahmed Chowdhury presided over the seminar. Chowdhury said though the...
Youngone Corporation, Korea has donated US$ 0.1 million (100,000) to the CA's Relief and Welfare Fund in support of the cyclone victims of the coastal areas of the country, reports UNB.President of Korean Export Processing Zone (KEPZ) BS Ryu of...
Representatives from the shrimp industry are set to ask the government for assistance in securing interest-free bank loans to recover from huge losses sustained after cyclone Sidr decimated the sector, reports bdnews24.com."We have to revive the business, but we have...
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