6 dead, 25 injured in boiler mishap in Karachi ISLAMABAD, July 24: Six men lost their lives and 25 others injured as a boiler exploded with a great sound in a towel factory in Pakistan's southern Karachi city on Tuesday...
WASHINGTON , July 24 (AFP): The Group of 24 (G20) developing countries called yesterday for advanced nations to respect the International Monetary Fund's decision to seek its next managing director without bias in favour of a European candidate. "As ministers...
FRANKFURT, July 24 (AFP): Eurozone exporters have not yet felt any significant negative impact from the rise of the euro, the European Central Bank's chief economist Juergen Stark said in a newspaper interview published today. "Exporters in the euro area...
YANGON, July 24 (Xinhua): Myanmar has introduced a new measure to prevent private companies' tax evasion by denying the biennial renewal of their business licences on failure to fully settle their outstanding tax payment annually, the local journal Newsweek reported...
BEIJING, July 24 (PTI): China has announced a new policy that seeks to curb the development of process trade in labour-intensive industries, in a bid to reduce its soaring trade surplus and growing trade friction with major trading partners. The...
MUNDHA KHERA, India, July 24 (AFP): It's a hot, humid last Sunday morning in northern India, but the oppressive heat does not deter a group of about 15 farmers from trudging door-to- door, offering advice and sometimes warnings. "Do not...
SHANGHAI, July 24 (AFP): China will need to ratchet up interest rates several more times this year to stop its roaring economy from overheating, a government think tank said in a report published today. "The risks of overheating in the...
KATHMANDU, July 24 (Xinhua): Nepal Rastra Bank, central bank of the country, has made public the Monitory Policy for the current fiscal year started from July 17, the National News Agency, RSS reported today. According to the RSS, the policy...
WASHINGTON, July 24 (Xinhua): The US government announced Monday a national meeting of private and public sector officials that will focus on promoting innovation and economic development across the United States. This summit on American Competitiveness, which will be held...
COLOMBO, July 24 (Xinhua): Sri Lanka's balance of payments improved in the first five months of 2007 thanks to growing exports and cash inflows from workers abroad, the central bank said yesterday in a statement. Exports rose by 14.4 per...
DUBAI, July 24 (PTI): India and the Gulf Cooperation Council (GCC) are working to finalise the free trade agreement (FTA) by this year end which will give further fillip to bilateral trade ties. "Negotiations concerning the GCC and India FTA...
SINGAPORE, July 24 (AFP): Oil prices slipped further in Asian trade today on profit-taking as the market anticipated a build in US gasoline (petrol) stocks, dealers said. New York's main oil futures contract, light sweet crude for delivery in September,...
JAKARTA, July 24 (Xinhua): More overseas firms are showing interest in developing the bioenergy sector in Indonesia, which has secured investment commitment to some 17.7 billion U.S. dollars, local press said today. British oil giant BP Plc. and its partner...
TOKYO, July 24 (AFP): The dollar hit a two-month low against the yen and traded close to its record trough versus the euro in Asian trade today as the health of the US economy remained the market's biggest worry, dealers...
BEIJING, July 24 (CEIS): The Ministry of Information Industry ( MII) announced yesterday that the number of China's mobile phone users had reached 501.64 million by the end of June, which means every 100 Chinese people had 38.3 handsets. Official...
WASHINGTON, July 24 (AFP): Treasury Secretary Henry Paulson expressed confidence yesterday in the dollar's prospects despite new highs notched up by the euro against the US currency. In an interview with the CNBC financial news network, Paulson also predicted that...
MCCLEAN LAKE, Canada, July 24 (AFP): Hidden in Canada's northern Boreal Forest, amongst hundreds of wild rivers and lakes, the McClean Lake uranium mine produces enough ore to light up Paris. Day and night, massive trucks and mechanical shovels shake...
SEOUL, July 24 (AFP): Indonesian President Susilo Bambang Yudhoyono was to hold a summit with his South Korean counterpart Roh Moo-Hyun today, on the first full day of a visit expected to seal huge energy deals. Yudhoyono will witness the...
Our CorrespondentNILPHAMARI, Jul 24: Panchagarh sugar mill crushed one lakh 37 thousand 982 metric tonnes sugar cane to produce 10,266 metric tonnes of sugar. Last years unsold stock of sugar was 1330 metric tonnes in the just concluded season of...
FE ReportArab Bangladesh Bank Limited (ABBL) has extended a credit facility to LankaBangla Finance Limited (LBFL) for financing its business activities. ABBL Managing Director and President Kaiser A Chowdhury and LBFL Managing Director Mafizuddin Sarker signed the agreement on behalf...
FE ReportWarid Telecom has launched a countrywide awareness campaign to implement the Bangladesh Telecommunication Regulatory Commission's (BTRC) directives on subscriber registration.BTRC has made it mandatory for the mobile companies to collect two passport-size photographs, identity certificate and other necessary documents...
A business delegation of the Federation of Bangladesh Chambers of Commerce and Industry (BFCCI) left Dhaka for Australia Monday to attend the 73rd Council meeting of the Confederation of Asia Pacific Chambers of Commerce and Industry (CACCI).The meeting will be...
FE ReportA meeting of the Shariah Adisory Board of ICB AMCL Islamic Mutual Fund was held at its head office in the city recently, said a press release. The meeting was presided over by Chairman of the Shariah Advisory Board...
FE ReportDutch-Bangla Bank Limited (DBBL) has won the Southern University (SU) 1st CSR Award - 2007 for its outstanding performance in discharging corporate social responsibility (CSR) since its inception. DBBL Managing Director Md Yeasin Ali received the award from National...
FE Report A two-day workshop on 'Loan Syndication' organised by Education Excellence, a consulting, education and communication firm, ended in the capital on Sunday, said a press release.A total of 46 senior bankers from public and private sectors working or...
FE ReportBusiness Administration Faculty of Eastern University organised a seminar on 'Services: The Next Frontier' at the university auditorium in the city recently.Syed Saad Andeleeb, Professor of Pennsylvania State University, USA, spoke on how to improve service for customers.
FE ReportAn agreement was signed between sanofi-aventis Bangladesh, the largest global pharmaceutical company of the country, and Protishabda Communications, a leading advertising agency, in the city Monday. Under the deal, Protishabda Communications will carry out all kinds of advertising activities...
Our CorrespondentBRAHMANBARIA, July 24: The officials and employees of customs, excise and VAT departments of Brahmanbaria district realised a record amount of Tk 134.18 million (Tk 13.41 crore) revenue in 2006-2007 financial year.The B'baria district comprises Sarail, Nasirnagar, Ashuganj, Akha...
Fish fairs started throughout the country to observe the 'Native Fish Conservation and Extension Campaign Fortnight-2007' programme launched by the Department of Fisheries (DoF), reports BSS. In Rajshahi, a seven-day Divisional Fish Fair- 2007 began on the Fisheries Building premises...
MUMBAI, July 24 (Reuters): Indian shares hit their 14th record high in 17 sessions Tuesday before closing up 0.40 per cent, driven by strong investor interest in technology and engineering and construction issues. The 30-issue BSE index ended 62.72 points...
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