NEW YORK, Aug 9 (AFP): World oil prices finished lower yesterday in choppy trade, despite a larger than expected decline in US crude stocks, as speculators engaged in a bout of profit- taking, traders said. Prices still remain relatively high,...
FE Report Central Insurance Company Limited (CICL) and Credit Rating Agency of Bangladesh Limited (CRAB) signed an agreement for credit rating at the CICL head office in the city recently. CICL Acting Managing Director Md Fasiar Rahman and CRAB Vice-chairman...
TOKYO, Aug 9 (AFP): The dollar was steady in Asian trade today, supported by rebounding global share prices, while the market reacted cautiously to a report that China might dump greenbacks, dealers said. The dollar eased to 119.64 yen in...
TOKYO, Aug 9 (AFP): Japan will study turning inedible crops such as straw into biofuel to run cars amid concern that the growing popularity of ethanol is inflating food prices, an official said today. Biofuels are seen as alternative clean...
FE ReportLexco Limited, a 100 per cent export-oriented leather industry of the country, held its 27th annual general meeting (AGM) at its head office at Hazaribagh in the city Thursday with Abdul Mateen in the chair.Managing Director of the company...
NEW DELHI, Aug 09 (AFP): Vehicle sales in India fell 5.7 per cent between April and July compared with a year ago, an industry lobby group said today, as demand for motorbikes and trucks waned on higher credit costs. Domestic...
Sarwar ZahanThe annual inflow of foreign direct investment (FDI) into the country during 2000-05 period has been estimated at 0.8 per cent of the Gross Domestic Product (GDP) on an annual average. The United Nations Conference on Trade and Development...
FE ReportPrime Bank Limited (PBL) opened its 54th branch at Comilla Wednesday. Former chairman of PBL board of directors Imam Anwar Hossain inaugurated the branch as the chief guest, and its Managing Director M Shahjahan Bhuiyan presided over the inauguration...
FE Report TM International (Bangladesh) Limited (Aktel) has seen a 40 per cent increase in active Aktel GPRS users, rising to 350,000 at end July 2007. This impressive growth stems from the launch of GPRS configuration through the 'Over the...
FE ReportThe International Chamber of Commerce (ICC) and German Technical Cooperation (GTZ) are jointly organising two one-day workshops on the revised international trade rules for letters of credit (L/C), known as UCP 600, on August 11 and 12 in Chittagong...
Our CorrespondentBRAHMANBARIA, Aug 9: The SME Cell of Ministry of Industries and National Association of Small and Cottage Industries of Bangladesh (NASCIB) jointly organised an workshop on the activities and services of Bangladesh Standard and Testing institute (BSTI) at Brahmanbaria...
FE ReportThe 80th board meeting of Shahjalal Islami Bank Limited (SJIBL) was held in the city Thursday.The meeting was presided over by SJIBL Chairman Sajjatuz Jumma.The board approved a number of investment proposals and discussed various issues relating to policy...
Media can enhance the image of Bangladesh abroad that can help boost the country's export, reports BSS.Annual export reached $12.18 billion in 2006-2007 financial year, an increase of 15.69 per cent over the previous fiscal (2005-2006).This was stated at the...
Our CorrespondentNILPHAMARI, Aug 09: Most of the village markets of the district particularly those demolished recently by the joint forces for illegal possession are in very miserable condition. Many shops are functioning under the open sky. The suffering of shopkeepers...
PIROJPUR, Aug 9 (UNB): Bangladesh Krishi Bank (BKB) disbursed loans amounting to Tk 310.12 million (31.12 crore) in seven upazilas of the district in the last fiscal year.The loans were distributed among 18,523 people through the 24 branches of the...
Speakers at a discussion in the city Thursday urged the concerned authorities to protect the constitutional rights of indigenous people for the overall development of the country, reports BSS.Coalition of local NGOs, Bangladesh (CLNB) organised the discussion in observance of...
SIRAJGANJ, Aug 9 (UNB): UNICEF has joined the United Nations response efforts to the floods in Bangladesh. US$ 3.6 million supply assistance is being provided through relevant government ministries for improving health, nutrition, water and sanitation for flood affected children...
DINAJPUR, Aug 9 (UNB): When a major part of the country is under floodwater, a drought like situation is hampering aman cultivation in the district this season.Most of the croplands in the district have become dry due to lack of...
Bangladesh Telegraph and Telephone Board (BTTB) has finally made 418 unwilling former lawmakers pay Tk 40 million (4.0 crore) in outstanding phone bills until July 31, reports bdnews24.com.The state-run telecoms provider's internal report reveals that it has realised Tk 17.20...
FE Report Grameenphone (GP) Chief Executive Officer (CEO) Erik Aas handed over three cheques worth Tk 43.1 million (4.31 crore) to the Chief Adviser's Relief Fund.Chief Adviser Fakhruddin Ahmed accepted the contributions from the Grameenphone CEO at the CA's office...
The Investment Corporation of Bangladesh has breached rules in announcing 50 per cent stock dividend against one of its close-end mutual funds, the 1st ICB Mutual Fund, according to the SEC, reports bdnews24.com. "There is no scope to increase paid-up...
Our Correspondent CHITTAGONG, Aug 08: The government is pledge bound to preserve the treasury of marine fisheries resources of the country and as such trying to formulate a proper and time befitting guideline for extracting the fisheries resources on obtaining...
HONG KONG, Aug 8 (Reuters): Asian stocks extended early gains on Wednesday and the dollar climbed against the yen as worries about a credit squeeze eased after the US Federal Reserve gave a positive outlook for the world's biggest economy.Corporate...
IPO lottery of Int'l Leasing on Aug 12The initial public offering (IPO) lottery of International Leasing and Financial Services Limited will be held on August 12, 2007 at 10:30 am at Bangladesh-China Friendship Conference Centre in the city.Purchase/ sale of...
LONDON, Aug 8 (AFP): The price of tin struck an historic peak here yesterday amid tight supplies of the base metal. On the London Metal Exchange (LME) the price of tin for delivery in three months reached 17,050 dollars a...
FE ReportPadma Islami Life Insurance Co Ltd (PILIC) has recently signed an agreement with Credit Rating Agency of Bangladesh Limited (CRAB), under which CRAB would provide rating services to PILIC.CRAB Vice Chairman Md Matiul Islam and PILIC Managing Director Abdul...
TEHRAN, Aug 8 (AP): Iraqi Prime Minister Nouri al-Maliki arrived in Iran Wednesday for talks expected to focus on bilateral relations and improving the security situation in his wartorn nation. It was the Iraqi premier's second visit to Tehran in...
KABUL, Aug 8 (AP): A group of 75 Taliban militants tried to overrun a US-led coalition base in southern Afghanistan in a brazen attack that left more than 20 militants dead, the coalition said.The insurgents attacked Firebase Anaconda from three...
BAGHDAD, Aug 8 (AP): US-led forces swooped into the Shiite militia stronghold of Sadr City Wednesday, killing 32 suspected militants and detaining 12 others in fighting and an airstrike targeting alleged smuggling networks from Iran.Iraqi police and witnesses said nine...
TOKYO, Aug 8 (AP): Regional powers applauded Wednesday's announcement by North and South Korea that their leaders plan to meet later this month, saying it will help ease tensions and boost efforts to denuclearise the peninsula.North Korean leader Kim Jong...
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