MINNEAPOLIS, Minnesota, Aug 10 (AFP): Two bodies were found Thursday in the wreckage of a bridge that collapsed over the Mississippi river more than a week ago, raising to seven the death toll from the accident in the northern US...
KATHMANDU, Aug 10 (Xinhua): A day after she presented her credentials amidst a function, the new United States ambassador to Nepal Nancy J Powell held a meeting with Nepali Prime Minister Girija Prasad Koirala Friday morning. After the meeting with...
LONDON, Aug 10 (AFP): The brother of the late princess Diana revealed Thursday that he has considered writing a biography about his sister, in the run-up to the 10-year anniversary of her death. Speaking to the BBC, Spencer said that...
MANILA, Aug 10 (AFP): Storms in the northern Philippines have left six people dead, with another missing, after triggering landslides and floods, the civil defence office said Friday. Seven other people were hurt and nearly 12,000 people fled their homes...
FE ReportPrices of essential commodities maintained their previous high over the past week due to short supply of such items in the city markets because of countrywide massive flood.The crop lands of the vegetable growing districts like Narsingdi, Manikganj and...
FE ReportICB 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 the ICB AMCL Unit Fund stood at Tk 46,57,45,012.84 on the basis of...
FE ReportMutual Trust Bank Ltd (MTBL) and Dexterous Consultants Ltd (DCL) have recently signed an agreement under which DCL will provide the bank with consultancy service for construction of the MTBL head office building at Kazi Nazrul Islam Avenue in...
Commercial Bank of CeylonAugust 05 -- August 09, 2007Last week, the local USD/BDT market was quite active. The volume of transaction was lower than that of the previous week. Banks were efficiently matching their import payments with the inward remittances...
Sarwar ZahanThe inter-bank call money rate was steady last week repeating the previous week's trend although the central bank withdrew large amounts of cash through auctions of reverse repurchase agreement (repo), treasury bills and Bangladesh Bank (BB) bills and Bangladesh...
FE ReportTania Textiles Ltd (TTL) and China-based Regent Ken International Ltd (RKIL) have signed a MOU about business development, in the city recently.TTL Deputy Managing Director Md Ashik Hossain and RKIL President Xu Gang signed the deal on behalf of...
FE ReportHalf-yearly branch conference - 2007 of Karnaphuli Insurance Co Ltd (KICL) was held recently in the city.KICL Chairman Nizamuddin Ahmed was present in the conference as the chief guest, whereas its outgoing managing director Md Aliuzzaman Khan presided over...
Naim-Ul-KarimBack from Noakhali Poor infrastructure, including communication, remains the major impediment to the growth of the rural economy in the districts of Bhulua, currently known as greater Noakhali. Noakhali, one of the oldest districts of the country which was established...
FE ReportThe British American Tobacco Bangladesh (BATB) has taken up a programme to help the flood-affected people in Manikganj. More than 70 tonnes of food and medicines will be distributed among some 25000 people of 5000 families in the district....
FE Report The Bangladesh Bank (BB) has decided to stop opening letters of credit (L/Cs) by "fake" sister concerns of a single business group to put a lid on the "innovative" forgery in the banking sector.The decision came following a...
The monsoon floods that devastated the country's 38 districts for over a week cost the fisheries sector alone Tk 2.0227 billion (202.27 crore) in fish damage, reports UNB."Some 32,620 metric tonnes (mts) of fish, 583 mts of shrimp and 462.20...
S M JahangirNon-governmental organisations (NGOs) working in Bangladesh are yet to draw sufficient foreign fund for the current flood-related relief operations and rehabilitation activities.Expressing their worries over the poor inflow of foreign donations for the country's flood victims, officials of...
Government officials said 16 more people were reported to have died in 24 hours until 11:00 am Friday taking the death toll to 226 in the current flooding across the country, reports UNB.The death toll was 210 until Thursday morning,...
Major political parties including Awami League and BNP have buried the debates with the government over using party banners to launch relief operations among the flood victims, reports UNB.Under the state of emergency, the government prohibited use of party banners...
Jasim Uddin Haroon Around 535 garment factories out of about 4000 in Dhaka and Chittagong went out of operation during the last seven months, according to a survey carried out by the Bangladesh Garment Manufactures and Exporters Association (BGMEA) recently."We...
FE Report The National Board of Revenue (NBR) has clarified its July 31 announcement regarding disclosure of earlier undeclared income and assets to dispel any confusion among the people. The directives of NBR for declaration of the undisclosed income and...
Amy Yee, FT Syndication ServiceNEW DELHI: Humanitarian aid intended to help nearly 20m victims of India's worst floods for years is in danger of being siphoned away by corruption, according to human rights activists.Altogether, more than 30m people across India,...
TOKYO, Aug 10(Agencies): Asian stocks plunged Friday as fallout spread across the region from global market turmoil set off by a US mortgage problem. News that the US, Eurozone, Japanese and other central banks had pumped massive amounts of cash...
Saudi King Abdullah ordered the Ministry of Finance to provide immediate assistance of $50 million to Bangladesh that suffered huge losses of human life and property in the current floods. Quoting a statement of the Royal Court on Thursday the...
A cooperative marketing, initiated by a group of young professionals, was introduced in the city Friday to ensure fresh and organic foods at a reasonable price for the consumers. The organisers jointly inaugurated a stall, first of its kind, at...
A grocery owner was crushed under the wheels of a bus while crossing the road in city's Pallabi area Friday morning. The dead was identified as Belayet Hossain Manik, 30, son of late Abdur Rahim of Daulatpur village in Chatkhil...
FE Report Providing cash to people affected by the floods that have devastated parts of Bangladesh, India, and Nepal is one of the most effective ways to help rebuilding lives and stimulate local markets, World Bank (WB) South Asia experts...
FE ReportPrime Finance & Investment Limited, a leading non-banking financial institution (NBFI), achieved an excellent growth in profitability in the first six months of 2007 calendar year.According to the company's unaudited half-yearly report, the company's pre-tax profit whopped 62.45 per...
Authorities are planning to allow detained former prime minister Sheikh Hasina to meet her ailing husband Wazed Miah outside the special sub jail without releasing her on parole, reports bdnews24.com. "The jail code does not allow taking any detained person...
Naim-Ul-Karim The targeted economic growth of Bangladesh is unlikely to be achieved if the country fails to catch up with the information and communication technology (ICT) revolution, for which a highly skilled and internationally-recognised work force is required, a study...
FE ReportStock prices on the Dhaka Stock Exchange (DSE) fell in the week ended Thursday amid price correction and withdrawal of netting facility of A-category shares.The daily average turnover further declined by 13.05 per cent to Tk 1.28 billion from...
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