FE Today Logo

Search results for:


Crude prices higher on eve of US energy data, hurricane threats

2007-09-06 00:00:00

SINGAPORE, Sept 5 (AFP): Crude prices rose in Asian trade today ahead of the release of a weekly US energy stockpiles report with traders expecting a drawdown in reserves, dealers said. Prices were further supported by the threat from the...

Winall Hi-Tech Seed Co, ACI Ltd sign deal

2007-09-06 00:00:00

An agreement has been signed on hybrid rice seed production between Winall Hi-Tech Seed Company Limited, China and ACI Ltd, Bangladesh, said a press release. The Chinese company will provide parent line and the production technology while ACI Limited is...

US auto sales strong despite credit crunch; GM leads

2007-09-06 00:00:00

DETROIT, Michigan, Sept 5 (AFP): Sales of new vehicles rose slightly in August as American consumers appeared confident despite troubled credit markets and the slump in housing, sales figures released yesterday showed. In a surprise, General Motors posted gains for...

Mattel again recalls toys made in China

2007-09-06 00:00:00

LOS ANGELES, Sept 5 (AFP): The US maker of Barbie dolls Mattel announced yesterday yet another massive recall of toys made in China, targeting some 844,000 items with high levels of lead, the company said in a statement. "As a...

Dollar mixed as market waits key US data

2007-09-06 00:00:00

TOKYO, Sept 5 (AFP): The dollar was mixed against major rivals in Asian trade today as investors waited nervously for key US reports to see how recent credit market turmoil has affected the economy, dealers said. They said currency markets...

Myanmar denies rumours about raising electricity prices

2007-09-06 00:00:00

YANGON, Sept. 5 (Xinhua): The Myanmar electric power authorities have denied rumors that electricity prices will be raised again along with the recent fuel price hike, the local Pyi Myanmar news journal reported Wednesday. The denial was made by Chief...

China's largest steel maker plans to quadruple capacity to 80m tonnes

2007-09-06 00:00:00

SHANGHAI, Sept 5 (AFP): China's largest steel maker plans to nearly quadruple capacity to 80 million tonnes by 2012, making it the world's second largest producer, state press reported today. Mainly state-owned Baosteel, which puts out about 23 million tonnes...

Int’l drugmakers accelerate research input in China

2007-09-06 00:00:00

BEIJING, Sept. 5 (CEIS): International drugmakers have accelerated their pace to establish research input in China for new patented medicines. During an ongoing conference held by International Pharmaceutical Federation(FIP) in Beijing, pharmaceutist like AstraZeneca, GlaxoSmithKline, Lilly and Pfizer have all...

China's natural gas policy to maintain long-term balance

2007-09-06 00:00:00

BEIJING, Sept 5 (CEIS): China issued a new policy on natural gas utilization at the end of August, and analysts hail this as China's effort to maintain long-term balance in gas supply and demand. The new policy bans the use...

'Overzealous pursuit' of anti-graft drives creates environment of fear

2007-09-06 00:00:00

FE Report An "overzealous pursuit" of anti-graft and other drives has created an environment of fear, thereby eroding confidence of the businessmen, chamber leaders told a dialogue. They have identified anti-graft, anti-hoarding, tax, bank account searching, money source searching, breaking...

Bata launches new designed shoes for Eid

2007-09-06 00:00:00

FE ReportBata Shoe Company Bangladesh Limited launched its some new designed shoes for the Eid-ul-Fitr at a city hotel Wednesday.At the launching ceremony Marketing Manager of the Bata Shoe Company Bangladesh Limited M A Quader said some 400 new designs...

Warid Telecom offers Tk 0.99/min rate to any operator

2007-09-06 00:00:00

FE ReportWarid Telecom has offered Tk 0.99 per minute call tariff to any operator for the first time in the country's telecommunications market.Named as 'Zem Fun', the new offer allows Warid's pre-paid subscribers to talk to any operator at Tk...

DBBL, banglalink sign agreement for SMS banking

2007-09-06 00:00:00

Dutch-Bangla Bank Limited (DBBL) and banglalink signed an agreement for SMS banking in the city recently, said a press release. CEO, banglalink, Rashid Khan and DBBL Executive Vice President (head of card division) Moyen Uddin Ahmed signed the agreement on...

BTTB realises Tk 12.33m in two months

2007-09-06 00:00:00

Our CorrespondentBRAHMANBARIA, Sept 3: Bangladesh Telephone and Telegraph Board (BTTB), Brahmanbaria unit realised a record revenue of more than Tk 12.33 million (TK 1.23 crore) in the months of June and July this year. In June, the revenue realised amounted...

Qatar Airways holds workshop for Ctg travel agents

2007-09-06 00:00:00

FE ReportQatar Airways (QA) recently held a workshop in the port-city for Chittagong-based travel agents. The objectives of the workshop were sharing the spirit of high standard of service for passengers of all categories, emphasising the sales and marketing efforts,...

CityCell stands beside flood victims

2007-09-06 00:00:00

FE ReportEmployees of CityCell contributed a day's salary of its employees to the Chief Adviser's Relief Fund for flood relief programmes, said a press release. Among several relief initiatives undertaken by the company, a cheque worth Tk. 1 million (10...

WB Group extended aid, guarantees totalling $6.9 billion to South Asia last fiscal

2007-09-06 00:00:00

FE Report The World Bank (WB) Group extended loans, credits, grants, equity investments, and guarantees totalling nearly US$6.9 billion to South Asia in fiscal year 2007, said a WB press release. The amount is an increase of US$2.3 billion over...

Branch of Islami Bank Community Hospital opens at Naogaon

2007-09-06 00:00:00

Our CorrespondentNAOGAON, Sept 5: The new branch of Islami Bank Community Hospital has been opened at Daowalar crossing in the district town recently.Divisional Commissioner of Rajshahi Md Safiul Alam inaugurated the new branch of the hospital recently.Engineer Md Sekander Ali,...

DBBL donates computers to help voter list project

2007-09-06 00:00:00

DBBL donates computers to help voter list project

2007-09-06 00:00:00

FE ReportDutch-Bangla Bank Limited (DBBL) has donated 100 laptop computers with scanners to the National Steering Committee on Voter List and National ID Card Project for implementation of field level work of the project at a total cost of Tk...

Asian markets end mixed

2007-09-06 00:00:00

TOKYO, Sept 5 (AP): Asian markets were mixed Wednesday, with profit-taking in several bourses coming after an overnight rise on Wall Street.BANGKOK: Thai shares rose on muted volume, with energy, shipping and industrial issues dominating activity. The main SET Index...

Sony to raise fund thru’ IPO

2007-09-06 00:00:00

TOKYO, Sept 5 (AFP): Sony Corporation said Tuesday it would list its financial arm next month in hopes of raising about US$3.0 billion to reinvest in the recovering group's core electronics business. The initial public offering (IPO) will be one...

ICT Associates to market Megatech brand in local mkt

2007-09-06 00:00:00

FE ReportFrom now on the ICT Associates will market all Megatech brand IPS (ranging from 2-KVA to 100-KVA), UPS and Emergency Lift Operating System (ELOS) in the local market. In this connection, a business deal was signed between the Megatech...

corporatewatch

2007-09-06 00:00:00

Atlas BD to raise authorised capitalThe board of directors of Atlas Bangladesh Limited has decided to hold an extraordinary general meeting (EGM) of the company to amend its memorandum and articles of associations for increasing the authorised capital of the...

President hopeful of flawless voter list

2007-09-06 00:00:00

The authorities concerned will be able to prepare a flawless voter list as the next national election will be held in accordance with the Election Commission's (EC's) roadmap. President Iajuddin Ahmed expressed the hope while visiting voter registration work at...

Bangladesh plays leading role in int'l issues: Russian FM

2007-09-06 00:00:00

Bangladesh is a very important member of the United Nations (UN) and plays a leading role in peacekeeping activities and other important issues. Russian Foreign Minister Sergey Lavrov said this while speaking to the media following his formal meeting with...

Judgement will decide fate of Hasina today

2007-09-06 00:00:00

A High Court (HC) Division Bench comprising Justice Nazrul Islam Chowdhury and M Ataur Rahman Khan began dictating bench officer the judgement in open court Wednesday morning. But it remained inconclusive when the court rose for the day. "The judgement...

Commission takes statements of 8 more witnesses on DU violence

2007-09-06 00:00:00

The judicial commission (JC) Wednesday took statements of eight more witnesses to the Dhaka University (DU) campus violence, reports bdnews24.com. DU Treasurer Abul Kalam Azad is among the witnesses who testified to the commission headed by retired Supreme Court judge...

Jhenaidah Jubo Dal leader held

2007-09-06 00:00:00

JHENAIDAH, Sept 5 (UNB): Joint forces Wednesday arrested Jhenaidah poura Jubo Dal secretary.The police said Ahsan Habib was picked up from the poura office at about 11:30 am. Accused of terrorism, extortion and tenderbaji, Habib was handed over to the...

SUST reopens on Sept 10

2007-09-06 00:00:00

SYLHET, Sep 5 (bdnews24.com): Classes of the Shahjalal University of Science and Technology (SUST) resume on September 10 after nearly three weeks of shutdown. SUST syndicate, the highest decision-making body of the university, set the date in a meeting Wednesday,...