THIMPHU, Nov 15 (PTI): The Bhutanese economy grew by 8.5 per cent in 2006 with the gross domestic product (GDP) increasing to Nu 31.6 billion from the previous Nu 29.2 billion, the National Statistical Bureau said. The growth was achieved...
SINGAPORE, Nov 15 (Reuters): Oil prices hovered near $94 today bolstered by US supply concerns ahead of winter, while copper prices in Asian markets rose more than 1 per cent after an earthquake struck the world's top copper producer Chile....
FE ReportA bilateral agreement for 'house building loan refinance scheme' was signed between Bangladesh Bank (BB) and Phoenix Finance and Investments Limited (PFIL) at BB head office in the city recently, said a press release.BB General Manger Das Gupta Ashim...
FE ReportBuyers were active throughout the sale and as a result prices were generally fully firm to slightly dearer particularly the well made good liquoring and Brokens and Fannings. There was active interest from Blenders and Packeteers whilst Loose tea...
FE ReportGrameenphone (GP) Limited installed a medical booth, a phone booth, three water purifiers and a Flexiload counter to provide services to the pilgrims at the permanent Hajj Camp in the city recentlyMinistry of Religious Affairs Deputy Secretary and Hajj...
TOKYO, Nov 15 (AFP): The dollar softened against the euro in Asian trade today after better-than-expected growth in the eurozone contrasted with concerns about a slowdown in the United States, dealers said. The euro climbed to 1.4674 dollars in Tokyo...
IOI Corporation, the world's largest publicly traded palm oil producer, said first-quarter profit surged 77 per cent as the price of the commodity jumped according to Internet. Net income advanced to 451.5 million ringgit ($134 million), or 7.37 sen a...
Our CorrespondentCHITTAGONG, Nov 15: Packaging system of frozen fish needed to be improved to boost its export. The very importance of packaging should be considered in the context of the changing situation the scope of export under the traditional production...
FE ReportA discussion meeting on 'Corporatisation of Janata Bank' was held at the bank's conference room in the city Wednesday, said a press release. Chairman of the bank's board of directors Suhel Ahmed Choudhury was present as the chief guest...
FE Report Mutual Trust Bank (MTB) Ltd has recently opened its 26th branch at Madaripur to extend its services to the people of Madaripur district, said a press release.Noted industrialist and Chairman of MTB Samson H Chowdhury formally inaugurated the...
FE ReportNasiruddin Ahmed Chowdhury has been elected the new president of Chittagong Stock Exchange (CSE) for the year 2008.Chowdhury was elected in a meeting of the CSE board Thursday, held in Chittagong, said a press release. Fakhor Uddin Ali Ahmed,...
FE Report Mutual Trust Bank (MTB) Ltd has recently opened its 26th branch at Madaripur to extend its services to the people of Madaripur district, said a press release.Noted industrialist and Chairman of MTB Samson H Chowdhury formally inaugurated the...
Robert Wright FT Syndication ServiceLONDON: Improving returns in its struggling container shipping business is the number one priority for AP Moller-Maersk, the Danish group's first externally appointed chief executive has said on his first day in the job.Nils Smedegaard Andersen,...
FE ReportThe NAV of eight ICB mutual funds on the basis of market value of the portfolios as on September 30, 2007 was Tk 2540.97 of First ICB Mutual Fund, Tk 588.19 of Second ICB Mutual Fund, Tk 519.25 of...
Our CorrespondentRAJSHAHI, Nov 15: Due to political unrest at Nandigram of West Bengal, India, the import of commodities through Sona Masjid landport had declined drastically during the last couple of days. As a result, earning of revenue of the landport...
FE ReportTwo Australian readymade garments (RMG) importing houses have separately expressed their willingness to set up joint venture industry and import more items from Bangladesh. Representatives of those two houses among five leading RMG importing houses of Sydney have expressed...
FE ReportEmirates Airline is going to purchase a 120 Airbus A350s, 11 A380s and 12 Boeing 777-300ERs involving US$34.90 billion.In this connection, separate agreements were signed between Emirates Airline, Airbus and Boeing Commercial Airplanes in Dubai recently, according to a...
FE ReportA food fair styled 'Bangladesh Food and Cultural Festival' organised by Radisson Water Garden Hotel Dhaka will begin today (Friday).The festival will continue until November 23, said a press release.Since its inception in 2006, Radisson Water Garden Hotel Dhaka...
FE ReportJapanese Ambassador in Bangladesh Masayuki Inoue along with Resident Representative of Japan International Cooperation Agency (JICA) Nobuko Suzuki Kayashima, Secretary of the Ministry of Expatriates, Welfare and Overseas Employment Abdul Matin Chowdhury and Secretary of the Ministry of Labour...
BANGKOK, Nov 15 (AP): Most Asian markets fell Thursday after the overnight decline in US stocks, and as possible economic tightening measures in China pulled stocks down there as well as in Hong Kong and South Korea.Shares lost ground in...
Dividends Kohinoor Chemicals: The board of directors of Kohinoor Chemicals has recommended 18 per cent cash dividend for the year 2006-2007. The annual general meeting (AGM) of the company will be held at the Bangladesh-China Friendship Conference Centre, Sher-E-Bangla Nagar,...
ISLAMABAD, Nov 15 (AFP): Pakistan's former premiers Benazir Bhutto and Nawaz Sharif have agreed to join forces against President Pervez Musharraf, a top official in Sharif's party said Thursday. He said the two opposition leaders, who have been rivals in...
WASHINGTON, Nov 15 (Agencies): House Democrats pushed through a $50 billion bill for the Iraq war Wednesday night that would require President Bush to start bringing troops home in coming weeks with a goal of ending combat by December 2008...
NEW YORK ,NOV 15 (Reuters ): Gender may explain the considerable variation in the effectiveness of aspirin therapy in reducing the risk of heart attacks, researchers from Canada report. Their findings, published online in BMC Medicine, indicate that women may...
PARIS, Nov 15 (Agencies): Transport workers shut down most rail traffic in France for a second day Thursday, frustrating passengers forced to postpone trips and Parisians who had to walk, bike or skate to workThe government awaited a response to...
BAGHDAD, Nov 15 (Agencies): A suicide bomber rammed his car into a police patrol Thursday in northern Iraq, killing six people and wounding more than 20 - many of them children walking to school, police saidThe explosion happened around 8...
FERTILISER has remained a vexing issue for both the government and the farmers. The media has since long been covering stories about how the farmers face problems relating the supply of this vital input for agriculture, especially during the time...
Tim BondIF history is any guide, despite the economic strength visible in the second and third quarter, the current tightening of credit conditions pose a risk to US growth in 2008.The Federal Reserve's Senior Loan Officer Survey, conducted in October,...
ASM OliullahPARIMOL Chandra, a businessman who grew up in the old part of Dhaka city, saw how the rows of welding workshops came up on what once was Dholaikhal. The ceaseless sparks and a constant noise, out of the welding...
Rebecca BreamMORE than 20 years after the Chernobyl disaster, the question of whether to allow the construction of nuclear reactors remains one of the most controversial in the global energy industry.A growing desire to tackle the twin problems of climate...
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