FE ReportA memorandum of understanding (MoU) was singed between Bangabandhu Sheikh Mujibur Rahman Agricultural University (BSMRAU) and Advanced Chemical Industries Limited (ACI) in the city Wednesday.BSMRAU Vice Chancellor (VC) Lutfor Rahman Khan and ACI Executive Director (Agribusinesses) FH Ansarey signed...
FE ReportMercantile Bank Limited (MBL) has recently signed a Tk 200 million deal under treasury term agreement with Industrial and Infrastructure Development Finance Company Limited (IIDFCL).MBL Managing Director and Chief Executive Officer (CEO) Dewan Mujibur Rahman and IIDFCL Managing Director...
FE ReportThe staff of all the offices of Islami Bank Bangladesh Limited (IBBL) took a decision to donate their one day's salary for the cyclone-affected people.Staff of the head office and different branches of the bank are distributing relief among...
FE ReportChittagong Stock Exchange (CSE) has recently held a certificate awarding ceremony after the completion of a four-week comprehensive training course on "Basic Knowledge in Capital Market."Bangladesh Bank General Manger SK Sur Chowdhury awarded certificates among the participants as the...
FE ReportThe 446th meeting of the board of directors of Bangladesh Krishi Bank (BKB) was held at its head office in the city recently.Chairman of the board of directors of the bank SA Chowdhury presided over the meeting. BKB directors,...
RANGPUR, Nov 23 (BSS): Crushing of sugarcane at Shyampur Sugar Mills (SSM) in Rangpur and Joypurhat Sugar Mills (JSM) in Joypurhat began Friday with a production target of 19,880 tonnes of sugar by crushing 0.265 million tonnes of sugarcane during...
Sarwar ZahanThe inter-bank call money rate marked slight rise last week with withdrawal of cash through auctions of reverse repurchase agreement (repo), treasury bills, Bangladesh Bank (BB) bills and Bangladesh Government Treasury (BGT) bonds, fund managers said.The market experienced a...
Commercial Bank of CeylonNovember 18 - November 22, 2007The local call money market experienced an upward bias last week and average inter-bank call money rate drifted between 6.60 per cent and 7.50 per cent against 6.60 per cent to 6.70...
Amidst scrambles for food, scarcity of pure water and spread of skin diseases in the cyclone-hit coastal districts, the current relief operation is expected to be intensified with the pressing of US helicopters into operation and availability of more relief...
S M JahangirThe government will be paying focused attention to the upcoming 'Boro' cropping season to offset the foodgrain output shortfall, caused by a series of natural calamities, including the recent cyclone 'Sidr'.Agriculturists and experts have estimated a nearly 2.0-million...
Doulot Akter MalaThe government has taken a move to assess the losses to the fisheries sector by the recent devastating cyclone Sidr, official sources said.Chief advisers' office recently gave a directive to the ministry of fisheries and livestock for providing...
FHM Humayan KabirThe caretaker government faces an uphill task to implement the Annual Development Programme (ADP) in the aftermath of recurrent floods and the devastating cyclone, the sources said."The cyclone Sidr has sent a fresh blow when the government is...
Army chief General Moeen U Ahmed Friday apparently dismissed some political parties' plea for lifting the state of emergency to make way for their effective participation in on-going relief works, reports UNB."Tell me, has it (relief work) any link with...
Refayet Ullah MirdhaBangladesh Textile Mills Association (BTMA) recently urged the government to extend the tax holiday period to the country's primary textile sector until 2012 for attracting more investment.Business insiders are of the opinion that continuation of tax holiday in...
ISLAMABAD, Nov. 23 (Agencies): Pakistan's Supreme Court backed President Pervez Musharraf's declaration of emergency rule, ignoring international pressure to restore the constitution before national elections. Exiled former prime minister Nawaz Sharif is set to return to Pakistan within days after...
LUCKNOW, NOV 23 (AP): A series of near-simultaneous explosions ripped through courthouse complexes Friday in three north Indian cities, killing at least 13 lawyers and injuring dozens more, officials said.Federal authorities blamed militants trying to spark unrest between India's Hindu...
BENAPOLE, Nov 23: Three Bangladeshi cattle traders were shot dead by the Indian Border Security Force (BSF) on the Putkhali frontier here early Friday. The deceased were identified as Ripon (25), Alauddin (35) of Uttarpara village in Putkhali and Aynal...
A young man was found dead at a residence at Maniknagar under Sabujbag Thana of the city Friday. On information, police recovered the body of the unidentified man, aged about 25, from the rooftop of a single-storied building at about...
SAVAR, Nov 23: Valuables of an export-oriented garment factory at Karnapara under the municipality here were gutted in a fire Friday. Local sources said the fire originated from an electric short circuit in the factory, Ofazuddin Spinning Mill, and soon...
Jasim Uddin HaroonA large number of loaded containers awaiting delivery since long have been creating fresh congestions at Chittagong port.As of Friday, about 2,500 such containers have been lying undelivered at the port yards - some of those for the...
Naim-Ul-KarimProduction capacity of the country's plants producing urea fertiliser, the principal input needed to boost yield in agriculture sector, is fast diminishing as many of the factories have outlived their longevity, sources said.They said production in five of the six...
FE ReportAn expert committee responsible for finalising the draft coal policy, sixth of its kind, meets again today (Saturday), amid uncertainty over its final shape by the end of this year, according to the sources.Since its formation in June, the...
FE Report The first Non Resident Bangladeshi (NRB) Conference 2007 is going to be held in Dhaka on December 27-29 aiming to bring together the Bangladeshi scholars, professionals and investors living across the globe with a plan of creating a...
Banks have disbursed about Tk 13.06 billion in farm loans-only 19 per cent of the Tk 81.92 billion target-in the first four months (July-October) of the ongoing fiscal year, raising doubt that the target may remain elusive, reports bdnews24.com. This...
NEW DELHI, Nov 23 (bdnews24.com): The Indian government has assured controversial writer Taslima Nasreen that her visa will be valid until February 17 next year and that she will be provided security wherever she is. Taslima was shifted to an...
FE ReportThe stock prices of most of the companies tumbled in the week ended Thursday triggered by a directive of the Securities and Exchange Commission (SEC) stopping disbursement of loans by the merchant banks and brokerage houses to the retail...
Jo Johnson in New Delhi and Joe Leahy in Mumbai, FT Syndication ServiceFuel price rises in India are imminent but are unlikely to lead to a meaningful reduction in a subsidy burden that will this year cost the government a...
LONDON, Nov 23(AP): Oil prices fell Friday as the market turned its attention to OPEC for signals of a production increase that might ease record prices. Trading volumes were also thin due to the U.S. Thanksgiving festivities and a public...
KAMPALA, Nov 23 (UNB): Bangladesh supports Sri Lanka's initiative to host a Commonwealth Special Ministerial Meeting on 'terrorism' in Colombo sometime next year, possibly in March.Foreign Adviser Dr Iftekhar Ahmed Chowdhury conveyed the message to his Sri Lankan counterpart Rohitha...
Hundreds of protesters of the Hizbut Tahrir Bangladesh Friday staged demonstrations in the city demanding that the two US navy ships, which are preparing to stand by the cyclone victims, leave Bangladesh waters, according to the bdnews24.com. Some 300 protesters...
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