SINGAPORE, Oct 4 (Bloomberg): Asian stocks fell on concern a rally that drove five of the region's six biggest markets to records in the past week more than reflects earnings prospects. BHP Billiton, the world's biggest resources company, slid after...
Doa Mahfil of DSE on Oct 7An annual 'Doa Mahfil' of Dhaka Stock Exchange (DSE) will be held on October 07, 2007 at 1:30 pm on DSE premises on the occasion of holy Ramadan. All members and employees of DSE...
FE ReportAKTEL, one of the leading telecom providers in the country, arranged an 'Iftar mehfil' for the orphans of Jamia Arabia Khadimul Islam Madrasah at a city convention centre recently.AKTEL Managing Director Kamshul Kasim and Head of Corporate Affairs Javed...
LONDON, Oct 4 (Bloomberg): European stock-index futures declined as investors speculated that central bankers in the region will leave interest rates unchanged. BHP Billiton Ltd. and Rio Tinto Group retreated in Australia after metals prices dropped. Royal Dutch Shell Plc...
FE ReportAgora, the largest chain supermarket of the country run by Rahimafrooz Superstores Ltd, distributed prizes among the winners of the mega shopping bonanza offer held on the occasion of its sixth founding anniversary.Agora Marketing Manager GM Kamrul Hassan handed...
Jasim Uddin Haroon The average sale of hawkers selling goods in the city's footpaths has considerably declined compared to last year's Eid market. But footpath vendors at some city points are doing brisk business, said hawkers.The points where brisk businesses...
Our Correspondent CHITTAGONG, Oct 04: Brisk business is now being transacted at all markets and shopping malls of different parts in the port city ahead of holy Eid-ul-Fitr.However, its charm is apparently less than that of the last year. Most...
Our CorrespondentNILPHAMARI, Oct 04: Expansion scheme of BSCIC's Saidpur industrial estate remains hanging for more than two years. Sources said requirement of expansion of BSCIC's Saidpur industrial estate was placed with the higher authorities and it has under consideration of...
FE ReportThe ICB Asset Management Company Limited (AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), has declared the net asset values (NAV) of its two unit funds.The total NAV of ICB AMCL Unit Fund stood at Tk 448,300,387.79 on...
BAGERHAT, Oct 4 (BSS): District Taskforce committee destroyed 60 kilogrammes of exportable shrimps worth about Tk 50,000 for selling those in an unhygienic condition at Signboard Bazar in the district Monday.The government has banned selling of exportable shrimps in the...
FE Report Titas Gas Transmission and Distribution Company Ltd has been nominated for World Quality Commitment (WQC) award in Gold category by Spain-based international organisation Business Initiative Directions (BID). The award will be given on November 26 in Paris ceremoniously.Recent...
FE ReportApollo Hospitals Dhaka recently signed a corporate deal with Premier Bank Limited to provide medical services and special corporate benefits to its employees.Apollo Hospitals Dhaka Finance Director Shahjahan Majumder and Premier Bank Limited Managing Director Abu Haniff Khan signed...
CHUADANGA, Oct 4 (BSS): Members of Rapid Action Battalion (RAB) seized 6,000 smuggled Indian syringes from a Dhaka-bound passenger bus Tuesday.Based on secret information, a RAB team recovered the syringes after intercepting the bus at Fakirpara on the Chuadanga-Damurhuda Road....
SEOUL, South Korea, Oct 4 (AP): North and South Korea agreed Thursday to expand economic cooperation that has flourished this decade in line with greatly reduced political tensions on their divided peninsula.The two countries said that they would establish a...
CHICAGO, Oct 4, (AFP): US and Chinese investors yesterday launched what was touted as the first American financial services group jointly owned by a Chinese company, aiming to work on cross-border mergers and private equity deal. The formation of HuaMei...
LONDON, Oct 4 (Reuters): US investment bank Citigroup has offered to provide funding to potential buyers of stricken British bank Northern Rock as part of its advisory role, according to people familiar with the matter.The news that financing is becoming...
SYDNEY, Oct 4 (AFP): The Australian government approved today plans for a controversial multi-billion-dollar pulp mill in Tasmania despite objections it could ruin one of the country's most pristine environments. Environment Minister Malcolm Turnbull said the proposed two-billion-dollar mill would...
TAIPEI, Oct 4 (Reuters): Web search leader Google Inc said Thursday it is closing the gap with rival Baidu in China, after years of trying to increase market share in the world's second-largest Internet arena.Google has gained more market share...
SINGAPORE, Oct 4 (AFP): Crude prices fell in Asian trade today, sinking below the key $80 a barrel level, partly on concerns over slower US growth, dealers said. Prices eased despite a weekly report that revealed an unexpected drop in...
KUALA LUMPUR, Oct 4 (AFP): Rising exports of electrical products in August fueled Malaysia's largest monthly surplus this year of 8.99 billion ringgit (2.6 billion dollars), official data showed today. Exports in August were higher at 53.61 billion ringgit, up...
FE ReportThere was a stronger competion in the week for good liqouring teas especially the smaller Brokens. Blenders were more active along with incresed support from Pakistan. Loose tea buyers lent a fiar support. CIS buyers operated very strongly on...
FE ReportYoung Consultants Chief Executive Officer (CEO) Zakir Hossain has been given award by Trade Policy Training Centre in Africa, an institute in Tanzania.The award was handed over to Hossain in recognition of his special distinction in a month-long training...
THE availability of a substantial amount of excess liquidity or investible surplus of funds in the country's banking system reflects the difficulties that the banks have been facing in making proper use of depositors' funds with them. If the depositors'...
Hasan Mahmud OVER last few years, Bangladesh has been receiving a significant amount of the remittances flowing from the developed to the developing world thanks to the up-surging labour migration. The dramatic increase of the flow of remittances has created...
Nighat SultanaWhat is brain drain? According to Walter Adams, the term itself is loaded, pejorative, suggestive of loss of a vital resource, without compensation. More precisely, brain drain is the depletion of the intellectual or professional resources of a country...
Sundeep TuckerANOTHER day, another closure of a multi-billion dollar Asian-dedicated private equity fund. Last Tuesday it was the turn of Morgan Stanley, whose specialist division has made some smart investments in private Chinese companies.But firms such as Morgan Stanley, and...
The government in Bangladesh needs to shape up its policy in a constructive matter at the fastest. Why this has not happened in the last nine months is an enigma. But now, no further extension of this state of affairs...
I was glad to go through the above titled article written by Md. Bayazid Sarker, an assistant Director of Foreign Reserve and Treasury Management Department of Bangladesh Bank published in the Financial Express on September 29, 2007. The suggestion, the...
WINTER time is near and this is the best time of the year in Bangladesh for consumption of vegetables. The supply of vegetables in the winter time is found to be particularly good in terms of price and variety. Health...
Simon Clark and Edward EvansJon Moulton, who helped start Europe's two biggest buyout firms, descends a narrow staircase beneath his Victorian mansion, which sprawls behind vineyards and horse chestnut trees in the English county of Kent. ``There's a lot of...
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