ABIDJAN, June 24 (AFP): Western and emerging Asian powers so keen to diversify oil supply sources to feed growing needs have recast their attention to west Africa following the latest discovery of new potential reserves. British oil and gas company...
WASHINGTON, June 24 (AFP): China, a traditional source of cheap goods, has become an alarmingly top exporter of tainted and dangerous products to the United States, triggering concerns among consumers and regulators. Reports of tainted pet foods, dangerous toys, fake...
KATHMANDU, June 24 (Xinhua): The Nepali government has decided to fix the price of milk at 29 Nepali rupees per liter throughout the year, local newspaper The Kathmandu Post reported today. This decision was made on receiving severe pressure from...
SAN FRANCISCO, June 24 (AFP): Privacy advocates warn that the shift to using handheld devices for email, telephone calls and Internet searches has created a global gold mine for snoops and spies. Le Monde newspaper has reported that government officials...
SEOUL, June 24 (AFP): South Korea said today it has successfully recovered samples of natural gas hydrate, a potential future energy source, from the floor of the Sea of Japan (East Sea). The samples were collected last week at a...
BORDEAUX, France, June 24 (AFP): If visitor numbers to trade shows are an indicator of an industry's health, then the turnout for this year's Vinexpo, the world's biggest wine and spirits fair, confirms the sector is doing nicely, if not...
Satipati Moitra joined the Dhaka Stock Exchange (DSE) as chief financial officer (CFO) recently.A professional accountant, Moitra was the president of Institute of Cost and Management Accountants of Bangladesh (ICMAB) in 2006.Prior to join DSE, he held senior positions in...
FE ReportThe India-Bangladesh Chamber of Commerce and Industry (IBCCI) requested the Finance Adviser to set up a special Export Processing Zone (EPZ) in the country, where Indian investors will be given preference.IBCCI also stressed upon the need for maximising the...
FE ReportA signing ceremony of syndicated short-term credit facility of Tk 1.0 billion for BRAC was held at a city hotel recently.IIDFC, as the lead arranger, managed the fund for financing BRAC's integral micro-credit programmes.This is so far the largest...
FE Report Tangail Chamber of Commerce and Industry (TCCI) Sunday hailed the government budget for next fiscal, which proposed for withdrawing import duty on essential commodities.Abul Kashem Ahmed, president of TCCI, termed the budget proposals as a realistic step to...
FE Report Export Import Bank of Bangladesh Limited (EXIM Bank) distributed scholarships to the brilliant and poverty stricken students of Mymensingh region. The programme was held at the Syed Nazrul Islam auditorium of the Bangladesh Agricultural University (BAU) in Mymensingh...
FE ReportIndustry adviser Geeti Ara Safia Chowdhury Sunday underscored the need for diversified products as well as proper initiatives to compete in the international market.The country has to capitalise on the huge demand for handmade products in the international market...
Our CorrespondentCHITTAGONG, Jun 24: Jamuna Oil Company Limited (JOCL) earned a net profit of over Tk 260 million (26 crore) during the last fiscal year, sources said.The JOCL has been gradually earning more profit setting a record level in the...
FE ReportA seven-day training course on "IBM AIX System Administration" for the executives and officers of Al-Arafah Islami Bank Limited, BRAC Bank Limited, Bangladesh Computer Council and Millennium Information Solution Limited was held at AIBL office in the city recently.The...
FE ReportThe government borrowed Tk 6.50 billion (6.50 crore) Sunday through auctions of treasury bills. It will result in withdrawal of Tk 6.50 billion from the market in the week.The central bank conducted auctions of 28-day, 91-day and 182-day bills...
FE ReportBengal One Creation Ltd (BOCL) has decided to use ScanCement exclusively for all of its construction projects. BOCL Chief Executive Officer Shohel Rana and HeidelbergCement Bangladesh Ltd (HCBL) Director (Marketing, Sales and IT) Ramakanta Bhattacharjee recently signed an agreement...
FE ReportA delegation of Islamic Development Bank (IDB) visited Islami Bank Tower of Islami Bank Bangladesh Limited (IBBL) and attended a meeting for exchanging views with top executives of the bank in the city Saturday. The meeting was presided over...
FE Report The IFC-Southasia Enterprise Development Facility (SEDF) has organised a workshop at a city hotel to provide technical knowledge to the owners of small and medium enterprises (SMEs) on access to formal credit. About 500 SME entrepreneurs, mostly from...
FE ReportThe 78th meeting of the board of directors of Shahjalal Islami Bank Limited (SJIBL) was held at its head office in the city recently.Chairman of the board of directors of the bank Sajjatuz Jumma presided over the meeting.The meeting...
FE ReportStandard Chartered (StanChart) Bank and Bengal Music Company Ltd signed an agreement for sponsoring Krishnokoli's first audio album in the city recently.StanChart Head of Consumer Banking (acting) Tanvir Haider Chowdhury and Bengal Music Chief Executive Officer Shayan Chowdhury Ornob...
FE ReportPeople's Leasing and Financial Services Limited (PLFS) approved 30 per cent stock dividend for its shareholders for 2006 at the 11th annual general meeting (AGM) of the company.The AGM was held at Bangladesh-China Friendship Conference Centre in the city...
Company won't give dividendShahjalal Islami Bank: The board of directors of Shahjalal Islami Bank Limited did not recommend any dividend for the year 2006. The date, time, venue and record date of the annual general meeting (AGM) will be notified...
Phoenix Finance and Investments Limited Nature of Business Lease Finance and Term Finance Subscription Opens June 24, 2007 Subscription Closes June 28, 2007 Subscription for NRB June 24, 2007 to July 07, 2007 Offer Price (Tk.) 100.00 Face Value (Tk.)...
LISBON, Jun 24 (AP): A senior Iranian official warned Saturday that further UN sanctions over Tehran's contentious nuclear programme could derail ongoing negotiations toward a settlement. Ali Larijani, Iran's top nuclear envoy, said after his latest round of talks with...
JERUSALEM, June 24 (AP): The Israeli Cabinet on Sunday approved the release of frozen tax funds to Palestinian President Mahmoud Abbas, officials said, in a step to bolster the moderate leader in his standoff against the Islamic militant group Hamas....
LISBON, June 24 (AFP): EU foreign policy chief Javier Solana described talks here Saturday with Iran's nuclear negotiator Ali Larijani as "very constructive," adding that they would meet again next month. The talks were aimed at easing an international crisis...
KABUL, June 24 (AFP): The NATO-led force in Afghanistan admitted Sunday that civilians in Pakistan had been killed in strikes at the weekend against insurgents who had been seen near the border preparing an attack. A Pakistan military official said...
MANCHESTER, England Jun 24 (AFP): Gordon Brown will become leader of Britain's governing Labour Party Sunday, heralding a new political era that starts when he succeeds Tony Blair as prime minister in three days' time. The 56-year-old Scot, finance minister...
HYDERABAD, India, June 24 (AFP): Rain pummeled western India Sunday after easing in southern states where almost 70 people have died in three days of heavy downfalls and flash floods from a monsoon season in full swing. The southern state...
VIENNA, June 24 (AP): A senior official from the UN nuclear watchdog left for North Korea Sunday to discuss how the agency's inspectors would monitor and verify the shutdown of the Yongbyon nuclear reactor. Olli Heinonen, the International Atomic Energy...
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