FE ReportFinance Adviser AB Mirza Md Azizul Islam laid importance on the corporatisation of banks to meet the challenge of globalisation. He was speaking as the chief guest at a seminar on 'Changing Corporate Culture' held at Brac Centre in...
FE ReportWarid Telecom International Ltd has achieved one million (10 lakh) active subscribers in just 70 days of its operations in the country, which is the fastest subscriber growth by any mobile company here, said a press release.A concern of...
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 182-day bills...
FE ReportNational Credit and Commerce (NCC) Bank Ltd procured a total deposit of Tk 31.5551 billion (3,155.51 crore) in the 1st half of 2007 which was 24.39 per cent higher than that of the previous half year. Total loans and...
FE ReportExport Import (EXIM) Bank of Bangladesh Limited held its Half-Yearly Branch Managers' Conference 2007 at a city hotel Saturday.Board of Directors Chairman Md Nazrul Islam Mazumder was present as chief guest while Managing Director Kazi Masihur Rahman presided over...
Our CorrespondentRAJSHAHI, July 22: The silk producers along with other small and medium traders of Rajshahi city are likely to face hard times in running their businesses, as Rajshahi City Corporation (RCC) has recently re-fixed the trade licence fees and...
The state-run Bangladesh Steel and Engineering Corporation (BSEC) made a net profit of Tk 297.30 million in the last fiscal year (2006-07) compared to Tk 201 million in the previous fiscal, registering an increase of 48 per cent, following a...
Our CorrespondentNILPHAMARI, July 22: Fishing equipment made of bamboo are gradually disappearing from the rural areas of the northern region. This is due to scarcity of local fish in the entire region. This scarcity occurred due to indiscriminate use of...
FE ReportDutch-Bangla Bank Limited (DBBL) donated Tk 0.5 million to Nurture, a organisation working for disabled and paralysed people in Chittagong, to set up an orthopedic ward in their newly constructed hospital building. DBBL Managing Director Md Yeasin Ali handed...
NEW YORK, July 22 (AFP): Members of the Bancroft family, who have controlled Dow Jones & Company since 1902, gather Monday to begin debating whether to sell the storied US media firm to Rupert Murdoch's News Corporation. Murdoch, a global...
FE ReportMd Ehsan Khasru has joined Eastern Bank Ltd as executive vice president (EVP) and head of credit risk management, said a press release. Prior to this assignment, he served as the senior accounts manager (relationship management) at Royal Bank...
FE ReportJ and J Essential Products Limited has become the corporate client of banglalink.In this connection, an "enterprise" package deal was signed between the two organisations in the city recently, said a press release.Chairman of the J and J Essential...
FE ReportFrom now on the clients of Islami Bank Bangladesh Limited (IBBL) will be able to withdraw the money sent by the expatriates Bangladeshis living in Kuwait from any branch of the bank through instant cash without opening any account.In...
NEW YORK, July 22 (AP): Citigroup Inc. said Friday its second-quarter profit rose 18 per cent on strong overseas operations that led to record revenue for the biggest US bank. Rival Wachovia Corpora-tion also saw a double-digit jump in quarterly...
Fareast Islami Life Ins recommends 30pc cash, 10pc stock dividends The board of directors of Fareast Islami Life Insurance Company Limited has recommended 30 per cent cash and 10 per cent (one bonus share for every 10 shares) stock dividends...
KABUL, (Afghanistan) - Afghan villagers found the body of a German aid worker kidnapped in southern Afghanistan, a police chief said Sunday, while a delegation of South Korean officials arrived hours before a purported evening deadline set for 23 Korean...
TEHRAN, (Iran), July 22 (AFP): Iran's foreign ministry spokesman Sunday dismissed as a "media game" recent reports of a secret arms deal with Syria allegedly made in return for an agreement that Damascus would not hold peace talks with IsraelMohammad...
MIRANSHAH, (Pakistan), July 22 (AFP): Pakistani troops killed 13 pro-Taliban militants in clashes near the Afghan border, while suspected rebels beheaded a government-supporting tribal elder, officials said Sunday. The extremist fighters had attempted to attack several check posts in the...
KUALA LUMPUR, July 22 (AFP): Despite Malaysia's efforts, it is still easy for illegal immigrants to enter the country due to its long coastline, the deputy prime minister said Sunday. Najib Razak said the government would remain vigilant amid concerns...
ANKARA, July 22 (AFP): Turks go to the polls Sunday for early legislative elections to end a crisis that has pitted the Islamist- rooted government against the secular establishment and called into question the role of religion in the Muslim-majority...
TEHRAN, July 22 (AFP): Iran has banned the national flag from flying at half-mast during periods of mourning in order to show respect for the writing of Allah's (God's) name on the flag. The Iranian flag carries the words "la...
NEW DELHI, July 22(AFP):India's first female president, Pratibha Patil, savoured her election win today as supporters hailed the victory as significant for the cause of women in the South Asian nation. The 72-year-old lawyer defeated Vice President Bhairon Singh Shekhawat...
MANILA, July 22(AFP): Muslim separatist rebels said today they were prepared to engage the Philippine military in an all-out war, saying they would not surrender those behind the deadly ambush of 14 Marines last week. Moro Islamic Liberation Front (MILF)...
Two Palestinian activists killed in Gaza Strip GAZA CITY, July 22: Israeli troops early Sunday killed two Hamas activists on the northern border of the Gaza Strip, the armed wing of the Islamist movement announced. "Two of our fighters were...
After a quiet few weeks, at least on the field, Kevin Pietersen burst back into form with his ninth century, and third of the season, as England built a commanding lead of 379 on the fourth day at Lord's. Pietersen...
Belying all speculations that the Bangladesh Cricket Board members would resign en masse Saturday, the BCB executive committee instead held a productive meeting taking some important decisions, including the selection of a national coach by the first week of next...
LOS ANGELES, Jul 22 (AFP): James Blake booked his finals berth at the 525,000-dollar ATP hardcourt tournament here Saturday with a three-set victory over South Korean Lee Hyung-Taik.Blake, the second-seeded American, shrugged off a shaky second set to post a...
KUALA LUMPUR, Jul 22 (AFP): South Korea won a gruelling and fluctuating epic 4-2 on penalties against Iran Sunday to set up an Asian Cup semi-final with Iraq.The shoot-out became the circuit-breaker after both teams had played themselves to a...
CINCINNATI (United States), Jul 22 (AFP): Top seed Anna Chakvetadze outlasted India's Sania Mirza 6-2, 5-7, 6-3 Saturday to reach the final of the 175,000-dollar WTA hardcourt tournament here.The Russian, ranked eighth in the world, had dropped just one set...
HANOI, Jul 22 (AFP): Australia and its highly paid European-based stars were hotly tipped to waltz through the Asian Cup on their debut appearance, but they learnt a hard lesson.Asia is not Europe and playing in the sprawling continent is...
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