KATHMANDU, Dec 3 (Xinhua): After a decline of three consecutive years, production of paddy in Nepal is set to post sound growth this year, The Kathmandu Post reported. According to the daily, the latest report of the Ministry of Agriculture...
FE ReportDhaka Bank Limited (DBL) organised a workshop on Basel II at its training institute in the city recently. A total of twenty three executives from different branches and divisions of the bank participated in the workshop. Deputy Managing Director...
HONG KONG, Dec 3 (AFP): Asian currencies ended the week mixed against the dollar on hints the United States may cut interest rates again when the Federal Reserve meets on December 11. JAPANESE YEN: The yen fell back against the...
KATHMANDU, Dec 3 (Xinhua): Entrepreneurs based in Chitwan district in central Nepal is going to organise a five-day long Agro Expo-2007 on Dec. 14-18, The Himalayan Times reported today. Different government agencies are co-organisers of the event, while the Federation...
BERLIN, Dec 3 (Reuters): Nearly 19,000 wind turbines cover Germany, dotted across the countryside, nudging to the edge of cities and whirring alongside motorways. They generate 5 per cent of Germany's electricity-more than in any other country in the world....
LONDON, Dec 3 (PTI): Brick Lane, the historic east London street symbolic of Britain's South Asian community, may soon be losing its flavour as corporates try to squeeze out curry from its array of Indian and Bangladeshi restaurants. Already 15...
FE ReportBRAC signed the first unsecured seven-year syndicated term-loan deal of $55 million with two international lenders -- Standard Chartered (StanChart) Bank Bangladesh and RSA Capital in the city Monday.The syndicated term-loan facility was structured and subscribed by international lenders...
FE ReportBangladesh Shilpa Bank (BSB) earned a pre-tax profit of Tk 128.7 million (12.87 crore) during 2006-'07 fiscal year.This was disclosed in the 21st annual general meeting of the share holders of the bank held at its head office in...
FE ReportPrime Islami Life Insurance Ltd (PILIL) held the national seminar-2007 and the 7th annual general meeting (AGM) of the company at two different venues in the city recently.The seminar was presided over by Shariah Council Executive Committee Chairman Sayeed...
FE ReportSonali Bank Limited is set to disburse huge amounts of agri loan in the SIDR-affected areas of the southern part of the country.Managing Director (MD) of the bank SM Aminur Rahman visited a number of branches and offices located...
FE ReportExport Import (Exim) Bank of Bangladesh Ltd inaugurated its 35th branch at Savar Bazar recently. EXIM Bank Chairman Md Nazrul Islam Mazumder inaugurated the branch while Managing Director Kazi Masihur Rahman presided over the inauguration ceremony.Among others, directors AKM...
FE Report Dutch-Bangla Bank Limited (DBBL) organised a seminar on "Implementation of BASEL-11" at the bank's training centre in the city recently. Managing Director of the bank Md Yeasin Ali was present as the chief guest and inaugurated the workshop....
Our CorrespondentCHITTAGONG, Dec 03: Import of rice from Myanmar has commenced through Teknaf Land Port (TLP) and a cargo vessel loaded with 5500 bags of rice has already arrived at TLP, sources said.According to concerned sources, the initiatives to import...
Our CorrespondentNILPHAMARI, Dec 3: Cultivation of early-variety potato is going on in full swing in Nilphamari district. Department of Agriculture Extension (DAE) sources said potato cultivation in this year has been targeted in 16,740 hectares of land and production target...
Warid Telecom has introduced a rewarding bonus talk-time offer for prepaid subscribers ahead of Holy Eid-ul-Azha, said a press release.Subscribers who have not topped up their account from 1st September, 2007 can avail the opportunity to reload it now and...
FE ReportSummit Uttaranchol Power Co Ltd -- a subsidiary company of Summit Power Ltd -- signed a contract with M/s GE Jenbacher GmbH and Co OHG, Austria for supply, delivery, erection supervision and commissioning of equipment.According to a press release...
FE ReportA two-member team from COMMERZEBANK AG, Germany met Chief Executive Officer and Managing Director of Pubali Bank Limited Helal Ahmed Chowdhury in the city recently.Martin Hercules, chief representative of the bank for India, Bangladesh, Bhutan, the Maldives, Nepal and...
FE ReportThe government borrowed Tk 8.00 billion (800 crore) Sunday through auctions of treasury bills. It will result in withdrawal of Tk 8.00 billion from the market in the week.The central bank conducted auctions of 28-day, 91-day and 364-day bills...
FE ReportShippers' Council of Bangladesh (SCB), Nurul Islam Mridha Welfare Trust and ABX Logistics jointly conducted relief operations in different areas in Pirojpur including Kafalirhat, Sealkati and Juniar Char recently.The relief team was led by SCB Senior Vice Chairman and...
FE ReportSafe and Advance Engineering (SAE), a telecom engineering company giving service to various mobile phone operators and vendors, has been observing 'safety week' from December 1 in a bid to create awareness among engineers, technicians and other service providers...
FE ReportExxonMobil Chemical and ACI Trading Limited jointly organised a seminar on Creative Value Through ExceedTM Metallocene Polyethylene in the city recently.More than 40 customers from flexible packaging industry attended the seminar.Usage of ExceedTM helps the country's flexible industry produce...
FE ReportThe Hongkong and Shanghai Banking Corporation (HSBC) Ltd in Bangladesh has launched Saturday banking for the bank's customers at its GEC branch in Chittagong from December 1, 2007.This service will now be available at the branch from 10am to...
Zashim UddinBRAHMANBARIA, Dec 3: The handloom industry at Bancharampur Upazila under Brahmanbaria district is facing closure after having suffered adversely from the recent floods. They have no sufficient capital for running their looms. Now, price of shuttle, thread, reel, strain...
FE ReportOmar Khandaker, a Bangladeshi IT professional has been appointed senior vice president and chief information officer of 3Pea International, Inc, a payment solutions company of USA, according to a statement issued from Las Vegas on November 30.In his new...
BANGKOK, Thailand, Dec 3 (AP); Major Asian markets ended little changed Monday as investors were reluctant to place big bets ahead of next week's interest rate decision by the US Federal Reserve.Benchmark indices in Hong Kong, Shanghai, Singapore, Sydney and...
GMG Industries Corporationincurs 5.75m net lossGMG Industries Corporation incurred a net loss of Tk 5.74 million in the year that ended on June 30, 2007. The earning per share (EPS) of the company stood at Tk 6.51.Eastern Lubricant recommends15pc dividendThe...
MOSCOW, Dec 03 (AP): European election monitors said Monday that Russia's parliamentary ballot was unfair, hours after President Vladimir Putin's party swept 70 per cent of the seats in the new legislature. The victory paves the way for Putin to...
TEHRAN, Dec 3 (Xinhua): Iranian President Mahmoud Ahmadinejad said Sunday that the country's foes cannot damage the existing deep relationship between Tehran and Damascus, apparently referring to the United States (US) which invited Syria to attend a Mideast conference several...
SANTIAGO, Cuba, Dec 3 (Reuters): Ailing Cuban leader Fidel Castro was nominated Sunday for a seat in the National Assembly, leaving the door open for him to resume governing as he struggles to recover from a long illness. Castro (81),...
BAGHDAD, Dec 3 (AFP): Iraq is awaiting a response from US President George W Bush over the fate of 'Chemical Ali', whose execution along with two other former aides of Saddam Hussein has been delayed, an Iraqi official said. Prime...
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