XIANGHE, China, Dec 13 (AFP): China's reported suspension of US movie imports is a serious issue Washington has raised "forcefully" with its Chinese hosts in trade talks near Beijing, a top US trade official said today. "We have spoken forcefully...
NEW DELHI, Dec 13 (AFP): India's industrial output grew unexpectedly strongly in October as the festival season boosted consumer demand, data showed yesterday, but economists said the surge would be short-lived. Output by factories, power utilities and other sectors accelerated...
SINGAPORE, Dec 13 (AFP): World oil prices fell in Asia today after earlier rocketing above 94 dollars as traders reacted to new measures that aimed to ease tight credit conditions, dealers said. In late morning trade, New York's main contract,...
TOKYO, Dec 13 (AFP): The dollar slipped against other major currencies in Asian trade today amid uncertainty about how effective a central bank plan to ease a global credit crunch will be, dealers said. The dollar was also pressured by...
ISLAMABAD, Dec 13 (PTI): Pakistan has cleared the import of 500,000 short staple cotton bales from India to make up for a shortfall in domestic production of the commodity. The decision was made during a meeting of the Economic Coordination...
TOKYO, Dec 13 (AFP): A central bank survey of corporate Japan is expected to show top executives grew more cautious in the fourth quarter due to worries about the health of the global economy and rising costs, analysts said. Jitters...
LONDON, Dec 13 (AFP): Britain's Finance Minister (FM) Alistair Darling today welcomed the decision by the Federal Reserve and other central banks, including the Bank of England, to inject cash and confidence back into tight eurozone money markets. Speaking to...
PARIS, Dec 13 (AFP): The EU's top financial affairs official said yesterday that Europe had asked China to refrain from changing its policy on its massive foreign reserves in order to avoid instability on currency markets. "We have said to...
HANOI, Dec 13 (Xinhua): Vietnam is considering two locations for the construction of its first pumped storage power plant to cope with electricity shortage at peak hours, according to local newspaper Vietnam Economic Times today. If the plant is built...
Our CorrespondentCHITTAGONG, Dec 13: As the salt farmers were deprived of just price of their product during the last season they are not interested enough to start salt cultivation in the current season. Despite passing of some time since the...
FE ReportNational Bank Limited (NBL) has donated Tk 2.5 million to the Chief Adviser's Relief and Welfare Fund for the cyclone-affected people.NBL Chairperson Parveen Haque Sikder handed over the cheque for the amount to Chief Adviser Fakhruddin Ahmed at the...
DU CorrespondentEastern Bank Ltd (EBL) in cooperation with Dhaka University Alumni Association (DUAA) has launched a financial grant programme titled 'EBL and DUAA Inspiration' for the students of DU.Under the programme, EBL will provide some 224 students from the total...
FE ReportThe government borrowed Tk 8.00 billion (800 crore) Thursday through auctions of treasury bills. It will result in withdrawal of Tk 8.00 billion from the market in the week.The central bank conducted auctions of 28-day, 91-day and 364-day bills...
FE ReportThe 7th international garment and allied machinery and accessories trade show 'Garmentech' is going to be held on January 12-15 at the Bangladesh China Friendship Conference Centre in the city.Zakaria Trade and Fair International of Bangladesh and Zak Trade...
FE reportThe total net asset value (NAV) of ICB AMCL Unit Fund stood at Tk 49,42,74,042.44 on the basis of cost price and Tk 69,08,31,424.23 on the basis of market price at the close of business operation on December 11.The...
FE ReportShahjalal Islami Bank Limited (SJIBL) opens its 25th branch at Bazar Road, Savar, Dhaka Thursday. Founder-Director of the bank Md Sanaullah Shahid inaugurated the branch as the chief guest.Chairman of the bank Akkas Uddin Mollah, vice chairmen of the...
FE ReportJamuna Bank Ltd opened its 31st branch at Jamgora of Ashulia at Savar Wednesday.Chairman of the bank Nur Mohammed inaugurated the branch as the chief guest.Vice Chairman Md Sirajul Islam Varosa, Director Gazi Golam Murtoza, Managing Director Mohammed Lakiotullah,...
FE ReportStandard Chartered Bank launched evening banking services at its Banani cash booth in the city recently. The evening banking services will benefit the businesses in the locality by offering banking services beyond normal banking hours. Customers can now withdraw...
FE ReportChittagong Stock Exchange (CSE) President Nasiruddin Ahmed Chowdhury urged the journalists community to popularise the derivative products among general investors."When the bourses will finally launch the product it is necessary for all concerned to understand derivatives product. Without adequate...
FE ReportBRAC Bank Limited recently opened 11 more ATM (automated teller machine) booths at Malibagh, Bashabo, Rajarbagh, Shahbagh, Kawranbazar, Kamalapur, Fakirapool, Hatirpool, Indira Road, Farmgate and Old Airport Road in the city.Managing Director and CEO of BRAC Bank Limited Imran...
FE ReportRahimafrooz Energy, a leading energy solution company and a sister concern of Rahimafrooz Group, signed a distributorship agreement with Mitsubishi Heavy Industries (MHI) Ltd, Japan for gas and diesel generators in Bangladesh.Rahimafrooz Group Chief Executive Officer (CEO) Samir Asaf...
Our CorrespondentRANGPUR, Dec 13: Extraction of date Juice started in full swing in different parts of the district with the advent of winter, sources said.People of the region extract juice from date trees every year in winter. The season brings...
FE ReportDutch-Bangla Bank Limited (DBBL) and Autism Welfare Foundation (AWF) jointly organised a four-day workshop on education and training for teachers and parents of the autistic children in the city recently.Additional Managing Director of DBBL AHM Nazmul Quadir was present...
FE ReportThe 43rd annual general meeting (AGM) of Eastern Housing Limited approved 15 per cent cash dividend for shareholders.Earlier, the board of directors of the company in consideration of profit and liquidity recommended the dividend.The meeting was held at the...
BANGKOK (Thailand), Dec 13 (AP): Most Asian markets declined Thursday amid concerns about the US economy and skepticism about a joint central bank plan to alleviate a global credit crisis.In the region's two biggest markets, Hong Kong's benchmark Hang Seng...
Our CorrespondentSIRAJGANJ, Dec 13: Widespread allegations of corruption and abuse of power were reported against the executive engineer, LGED, Pabna. The said engineer has amassed huge wealth by unfair means through his brother here.According to sources, the executive engineer in...
CHUADANGA, Dec 13 (BSS): A total of 100 new poultry farms have been set up in four upazilas of the district under the supervision of district livestock department during the last first five months. Sources said 19 farms have been...
Purchase/ sale of director's sharesSocial Investment Bank: Kamaluddin Ahmed, one of the sponsors/directors of Social Investment Bank Limited, has stated that he has completed his sale of 10,000 shares of the bank at current market price through stock exchange as...
The United Nations World Food Programme (WFP) Thursday welcomed a US$ 300,000 contribution by the South Korean government to provide immediate lifesaving assistance to severely cyclone-affected people of Bangladesh, reports UNB.WFP will use the Korean funds to distribute rice in...
Nine persons were killed and many others injured in separate incidents in different areas of the country during the last two days, report agencies.In Faridpur, two men died and 15 others were wounded as a bus carrying a bridal party...
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