FE ReportThe government borrowed Tk 8.00 billion (800 crore) Sunday 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 ReportShippers' Council of Bangladesh (SCB), Nurul Islam Mridha Welfare Trust and ABX Logistics jointly conducted relief operations in different areas in Pirojpur including Kafalirhat, Sealkati and Juniar Char recently.The relief team was led by SCB Senior Vice Chairman and...
FE ReportSafe and Advance Engineering (SAE), a telecom engineering company giving service to various mobile phone operators and vendors, has been observing 'safety week' from December 1 in a bid to create awareness among engineers, technicians and other service providers...
FE ReportExxonMobil Chemical and ACI Trading Limited jointly organised a seminar on Creative Value Through ExceedTM Metallocene Polyethylene in the city recently.More than 40 customers from flexible packaging industry attended the seminar.Usage of ExceedTM helps the country's flexible industry produce...
FE ReportThe Hongkong and Shanghai Banking Corporation (HSBC) Ltd in Bangladesh has launched Saturday banking for the bank's customers at its GEC branch in Chittagong from December 1, 2007.This service will now be available at the branch from 10am to...
Zashim UddinBRAHMANBARIA, Dec 3: The handloom industry at Bancharampur Upazila under Brahmanbaria district is facing closure after having suffered adversely from the recent floods. They have no sufficient capital for running their looms. Now, price of shuttle, thread, reel, strain...
FE ReportOmar Khandaker, a Bangladeshi IT professional has been appointed senior vice president and chief information officer of 3Pea International, Inc, a payment solutions company of USA, according to a statement issued from Las Vegas on November 30.In his new...
BANGKOK, Thailand, Dec 3 (AP); Major Asian markets ended little changed Monday as investors were reluctant to place big bets ahead of next week's interest rate decision by the US Federal Reserve.Benchmark indices in Hong Kong, Shanghai, Singapore, Sydney and...
GMG Industries Corporationincurs 5.75m net lossGMG Industries Corporation incurred a net loss of Tk 5.74 million in the year that ended on June 30, 2007. The earning per share (EPS) of the company stood at Tk 6.51.Eastern Lubricant recommends15pc dividendThe...
MOSCOW, Dec 03 (AP): European election monitors said Monday that Russia's parliamentary ballot was unfair, hours after President Vladimir Putin's party swept 70 per cent of the seats in the new legislature. The victory paves the way for Putin to...
TEHRAN, Dec 3 (Xinhua): Iranian President Mahmoud Ahmadinejad said Sunday that the country's foes cannot damage the existing deep relationship between Tehran and Damascus, apparently referring to the United States (US) which invited Syria to attend a Mideast conference several...
SANTIAGO, Cuba, Dec 3 (Reuters): Ailing Cuban leader Fidel Castro was nominated Sunday for a seat in the National Assembly, leaving the door open for him to resume governing as he struggles to recover from a long illness. Castro (81),...
BAGHDAD, Dec 3 (AFP): Iraq is awaiting a response from US President George W Bush over the fate of 'Chemical Ali', whose execution along with two other former aides of Saddam Hussein has been delayed, an Iraqi official said. Prime...
CANBERRA, Dec 3 (Reuters): Australia's Labour leader Kevin Rudd was sworn in as prime minister Monday, promising to urgently sign the Kyoto Protocol on climate change. But Rudd said that the country was likely to miss its Kyoto target for...
KETZIOT, Israel, Dec 3 (AFP): Israel began to free more than 400 Palestinian prisoners early Monday, the latest release aimed at boosting president Mahmud Abbas amid revived peace efforts. The first bus with the prisoners left the Ketziot prison in...
CARACAS, Dec 03 (AP): Humbled by his first electoral defeat ever, President Hugo Chavez said Monday he may have been too ambitious in asking voters to let him stand indefinitely for re-election and endorse a huge leap to a socialist...
Chief Adviser Dr Fakhruddin Ahmed called Monday for meeting the "special requirements" of the physically challenged people everywhere of the society, including family and professional life, with a positive attitude to make them self-reliant. He also called upon the mass...
The Supreme Court (SC) Monday suspended until January 2 the High Court (HC) order that stayed the Anti-corruption Commission (ACC) notice asking former Prime Minister Sheikh Hasina to submit her statement of wealth, reports UNB.A six-member bench of the Appellate...
BANDARBAN, Dec 3 (UNB): Chief Election Commissioner (CEC) Dr ATM Shamsul Huda said today (Monday) that there was no scope for inclusion of Rohingya refugees in the voters' list."Only the country's real citizens who live in particular addresses will be...
The High Court (HC) granted bail Monday to Tarique Rahman and his younger brother Arafat Rahman Koko, the two sons of detained former premier Khaleda Zia, in extortion cases, reports UNB.Passing the orders following separate petitions, a Division Bench comprising...
A Dhaka court placed Monday businessman Giasuddin Al Mamun on remand for three days in a fraud case filed by Japan-Bangladesh Group Chairman Selim Prodhan, reports bdnews24.com. Md Ehsanul Haque, Dhaka-1 additional chief metropolitan magistrate, made the remand order after...
RAJBARI, Dec 3 (UNB): Another extortion case has been filed against former lawmaker from Rajbari-1 Ali Newaz Mahmud Khaiyam and one of his associates. Waseuddin of Bhabanipur in the district town filed the case with Sadar police station Sunday night...
European Commission (EC) Monday signed a 14 million Euro agreement with the government to fund Technical and Vocational Education and Training (TVET) project, reports UNB.Secretary to Economic Relations Division (ERD) Md Aminul Islam Bhuiyan and Ambassador and Head of the...
Chief Adviser Dr Fakhruddin Ahmed said Monday rehabilitation work had started in the cyclone-affected areas alongside relief operations, reports UNB.He said this while receiving donations for the CA's Relief and Welfare Fund from local and foreign organisations for the cyclone...
PIROJPUR, Dec 3 (UNB): Rapid Action Battalion (RAB) arrested a union parisad chairman of Pirojpur district from capital Dhaka Sunday night on charge of misappropriating government relief rice. Acting on a tip-off, a team of RAB-4 raided the house of...
Our CorrespondentCHITTAGONG, Dec 03: Chittagong City Corporation (CCC) has chalked out an elaborate programme for implementing 350 projects to remove water logging in the city and construct all the damaged roads. Under this programme, CCC has already started the work...
The price index of food grains has been on a steeply rising curve since long. The two floods in a row and finally the cyclone Sidr have together dealt the lasting blow to the prospect, if any, of improvement in...
Shamsul Huq Zahid The new chairman of the National Board of Revenue Muhammad Abdul Mazid could have guessed that there would be lot of complaints from the businesspeople. But the enormity of the complaints overwhelmed him when he met with...
Martin Wolf WHY does banking generate such turmoil, with the crisis over securitised lending the latest example? Why is the industry so profitable? Why are the people it employs so well paid? The answer to these three questions is the...
Ahmed AliFROM unlawful syndicated trading to adulterating of food-products, there are many issues of great concern to the vast body of consumers across the country. Consumers in Bangladesh, especially the non-affluent ones who form the majority, have been passing very...
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