The Police Friday charged baton on hundreds of demonstrating Islamists when they marched to besiege the daily Prothom Alo office in Karwan Bazar in the city, leaving 25 injured. The demonstrators took out processions from the north gate of Baitul...
Our CorrespondentCHITTAGONG, Sept 20: With an aim of enhancing the revenue income of the government through intensified taxation process, the long awaited Direct Traders Input (DTI) system was launched at Chittagong Customs House (CCH). At the initial stage, the newly...
FE ReportHolcim (Bangladesh) Ltd has recently celebrated its seventh founding anniversary with sports, safety and cleaning programme.On the occasion, Holcim Managing Director PN Iyer greeted all the employees for their relentless effort to make many success stories for the company...
LONDON, Sept 20 (AP): European stocks made big gains Wednesday, buoyed by the US Federal Reserve's decision to slash its key interest rate by half a point and the ensuing rally in US stocks.The UK's FTSE 100 Index shot up...
Our CorrespondentBRAHMANBARIA, Sept 20: Bangladesh Krishi Bank (BKB) will disburse loans worth Tk 510 million (Tk 51 crore) among the flood-hit farmers in the district through its twenty six branches during the financial year 2007-2008 for post-flood rehabilitation, crops cultivation,...
TOKYO, Sept 20 (Bloomberg): Asian stocks advanced to an eight- week high as a jump in metals prices boosted commodity producers BHP Billiton Ltd. and Jiangxi Copper Co. BHP, the world's largest mining company, rose to a record and Jiangxi...
Our CorrespondentRAJSHAHI, Sept 20: A manager's conference of local branches of Sonali Bank was held at its principal office in Rajshahi recently. Managers from 23 branches of Rajshahi division were present at the conference along with high officials from the...
FE ReportJamuna Bank Ltd held the 89th meeting of the Board of Directors of the bank recently at its head office. Chairman of the Board Nur Mohammed chaired it.Vice Chairman of the Board of Directors Md. Sirajul Islam Varosha, Chairman...
FE ReportEmirates has been voted the 'Best Middle East/African Airline' for the fourth time in a row by its Asia-Pacific travellers, said a press release.The airline received the accolade from the Business Travellers Asia-Pacific, a magazine, at its Annual Travel...
FE ReportStandard Insurance Ltd has recently signed an agreement with Credit Rating Agency of Bangladesh Ltd (CRAB), a leading rating company of the country, for the credit-rating of the company. Under the deal, CRAB would provide rating services for Global...
Doulot Akter MalaThe National Board of Revenue (NBR) has suspended until October 31 the earlier rule on plastic raw materials imported under the bond facility.The board Wednesday issued a Statutory Regulatory Order (SRO) in this connection. In the SRO no-191,...
FE Report Citibank NA, a US based multinational bank, Thursday launched its 'Citi Micro-Entrepreneurship Awards' in the country seeking nominations from September 25.With a vision to identify and honour best practices of micro enterprises in Bangladesh, which have been linked...
FE ReportDhaka Chamber of Commerce and Industry (DCCI) has appreciated the Bangladesh Bank (BB) Governor's decision not to tighten the country's monetary policy.Earlier, IMF warned BB that the county's average inflation rate might exceed 9.0 per cent during the present...
FE ReportIslami Bank Bangladesh Limited (IBBL) has recently inaugurated its 184th and 185th branches - at Chachkoir Bazar of Gurudaspur upazila under Natore, and at Kaliganj under Jhenidah respectively.On the occasion of the inauguration of the Chachkoir Bazar branch a...
FE ReportThe ICB AMCL, a subsidiary of the Investment Corporation of Bangladesh (ICB), has declared the net asset value (NAV) of its two unit funds.The total NAV of ICB AMCL Unit Fund stood at Tk 50,07,22,013.16 on the basis of...
FE ReportThe Index Committee of Chittagong Stock Exchange revised the composition of its CSE 30 Index effective from next Sunday.The following scrips are now in CSE-30 Index : Square Textiles Limited, Square Pharmaceuticals Limited, Advanced Chemical Industries, Beximco Pharmaceuticals Ltd,...
FE ReportRQM Forkan joined Prime Bank Limited as deputy managing director recently. Prior to joining the bank, he was the senior executive vice president and chief operating officer of Arab Bangladesh Bank Limited.Forkan has a successful banking career of more...
GENEVA, Sept 20 (AFP): The United States yesterday showed a new willingness to negotiate in global trade talks, a high-ranking World Trade Organisation (WTO) official said, raising hopes of progress in the stalled Doha round of negotiations. The WTO's chief...
WASHINGTON, Sept 20 (AFP): With the gale-force wind of the United States at his back, Dominique Strauss-Kahn, the European Union candidate for managing director of the International Monetary Fund, appears set to sail to victory next week. Wednesday the US...
TOKYO, Sept 20 (AFP): Japan's top executives have become more confident for the first time in a year, a survey showed today, providing some welcome good news on Asia's largest economy after a slew of gloomy data. The government said...
LONDON, Sept 20 (AFP): Bank of England Governor Mervyn King is set to testify to a parliamentary oversight committee today over the recent Northern Rock crisis, with questions being raised over his tenure. The central bank said yesterday that it...
HONG KONG, Sept 20 (CEIS): China should stabilise the exchange rate of RMB against the US dollar to study the effect of its accumulated appreciation of close to 10 per cent over the past two years, 1999 Nobel Laureate in...
SINGAPORE, Sept 20 (AFP): Technology firms dominated as Taiwan led China in a list of the best 200 Asian companies with annual revenues of under one billion US dollars, Forbes Asia business magazine said today. Taiwan had 41 small and...
BEIJING, Sept 20 (CEIS): China's interest rate and exchange rate derivative market posted robust growth in first half of 2007, according to China Banking Regulatory Commission (CBRC). In January-June 2007, RMB bond future products recorded 544 deals valued at 100.61...
LONDON, Sept 20 (AFP): The euro today hit a new record of 1.4006 dollars as US interest rate cuts took a new toll on the American currency. Markets are also nervously awaiting statements on the American economy by US officials...
SINGAPORE, Sept 20 (AFP): Oil prices were lower in Asian trade today as investors took profit following a record- setting rally, but are expected to remain high amid tight supplies and weather concerns, dealers said. Diplomatic sabre-ratting over Iran is...
PARIS, Sept 20 (CEIS): French textile industries union ( UIT) confirmed yesterday the signing of two draft agreements with its Chinese counterpart and the Chinese chamber of commerce to foster intellectual property in the two countries and to curb counterfeiting....
BEIJING, Sept 20 (CEIS): Coal supply in the Asia- Pacific region is predicted to shrink in the following years as most Asian coal exporters would scale down coal export to power their own economy. Hunger for thermal coal and discouraged...
TOKYO, Sept 20 (AFP): US telecom firm NextWave Wireless has decided to sell its stake in IP Mobile, becoming the second foreign firm to exit Japan's competitive mobile telephone industry, IP Mobile said today. Japanese real estate group Mori Trust...
LANG SON, Vietnam, Sept 20 (Xinhua): Yellowish cardboard boxes full of dried litchis and longans were packed as sardines in dozens of warehouses in Dong Dang town, northern Lang Son province, waiting for being transported to China. "There are 60-70...
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