FE Today Logo

Search results for:


Myanmar to add 55,000 CDMA phones in coastal areas

2007-07-09 00:00:00

YANGON, July 8 (Xinhua): Myanmar is making arrangements to add 55,000 more CDMA (Code Division Multiple Access) phone lines in coastal areas to facilitate people there for communication links, according to the telecommunication authorities today. A total of 40 townships...

Nepali govt buildings to be equipped with rainwater harvest systems

2007-07-09 00:00:00

KATHMANDU, July 8 (Xinhua): New government buildings in Nepal will be equipped with rainwater harvesting systems, The Himalayan Times reported today. "Considering water scarcity and the suitability of the rainwater harvesting technology in our context, we have concluded that all...

Turbulent journey for China's fledgling budget airlines

2007-07-09 00:00:00

SHANGHAI, July 8 (AFP): Two years after China's first budget airline took to the skies, the low-cost boom seen elsewhere around the world remains a distant prospect despite the Chinese aviation industry's spectacular growth. Passenger traffic on Chinese airlines is...

China suspends sales of leukemia drug

2007-07-09 00:00:00

BEIJING, July 8 (AP): China's drug watchdog announced Saturday it has suspended the sale of a drug used to treat acute leukemia and rheumatoid arthritis in the latest move to hit the country's scandal-ridden drug industry. The Chinese government has...

Gold recovers on firm global cues, silver also up

2007-07-09 00:00:00

New Delhi, July 8 (PTI): Gold bounced back on the bullion market yesterday on revival of buying by stockists and retailers triggered by firming trend on the global front and closed with a gain of Rs 55 at Rs 8,720...

Chinese resources drive fuels resentment in PNG

2007-07-09 00:00:00

MOUNT HAGEN, Papua New Guinea, July 8 (AFP): China's relentless drive for resources to fuel its booming economy, already drawing charges of neo-colonialism in Africa, is causing growing resentment in Papua New Guinea. From the dusty streets of small towns...

Shahjalal Bank unveils Tk 8.0b investment plan

2007-07-09 00:00:00

FE ReportShahjalal Islami Bank Limited has unveiled a fresh investment plan involving Tk 8.0 billion (800 crore) for the fiscal year of 2007-08. Managing Director of the bank M Kamaluddin Chowdhury disclosed this in the 'Annual Business Plan-2007 Conference' of...

Sony Ericsson launches 4 new accessible mobile handsets

2007-07-09 00:00:00

FE Report Sony Ericsson Sunday launched four new accessible mobile handsets with FM Radio facilities.These are K200i, K220i, J110i and J120i. Of the four, the K200i and K220i are both camera phones, whilst the K220i again and the J120i bring...

BGMEA team discusses port-issues with CPA chairman

2007-07-09 00:00:00

Our CorrespondentCHITTAGONG, July 8: A delegation of Bangladesh Garment Manufacturers and Exporters Association (BGMEA), led by its First Vice-President (FVP) MA Salam, met Chittagong Port Authority (CPA) Chairman M Faruque at the Bandar Bhaban Saturday. The BGMEA delegation exchanged views...

Traders hail relaxed timeline on shopping

2007-07-09 00:00:00

The Leaders of the shop owners in the city Saturday welcomed the government's move allowing them to keep their outlets open for one more hour, reports bdnews24.com.From now on the shoppers would be able to purchase goods from the city's...

ICB AMCL declares NAV of two unit funds

2007-07-09 00:00:00

FE ReportThe Asset Management Company Limited (AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), has declared Net Asset Value (NAV) of its two unit funds. Total NAV of ICB AMCL First Mutual Fund stood at Tk 15,31,97,961.24 on the...

StandChart opens banking operation at US Embassy

2007-07-09 00:00:00

Standard Chartered Bank opened the banking operation booth at the US Embassy in the city last Thursday, said a press release. The opening will help the US Embassy have access to wide range of consumer and wholesale banking products of...

UGSFL outdoes output target

2007-07-09 00:00:00

Our CorrespondentCHITTAGONG Jul 8: Usmania Glass Sheet Factory Ltd (UGSFL), controlled by the Bangladesh Chemical Industries Corporation, surpassed its production target set for the 2006-2007 fiscal, sources said.UGSFL based at Kalurghat Industrial area manufactured 25 million glass-sheets against its target...

Bank Asia managers urged to explore new businesses

2007-07-09 00:00:00

FE ReportAll the branch managers of Bank Asia Limited have been urged to launch all-out efforts to explore new business opportunities.President and Managing Director of the bank Syed Anisul Huq made the appeal while presiding over the half-yearly managers' conference...

Hike in paper prices hits B'baria printing business

2007-07-09 00:00:00

Our CorrespondentBRAHMANBARIA, July 8: Abnormal hike in paper prices is seriously hampering printing business in the district, said sources.Prices of various types of paper such as newsprint, whiteprint, thin-paper, off-set and Karnaphuli paper have increased beyond imagination.According to sources, an...

GP introduces Misssed Call Alert

2007-07-09 00:00:00

FE ReportGrameenphone (GP) Limited has introduced a new service titled Missed Call Alert for all of its 'smile', 'xplore' and 'Business Solutions' subscribers, according to a press release.The new service will notify subscribers through SMS about all the calls made...

Sylhet customs earns Tk 1,267.5m revenue

2007-07-09 00:00:00

Sylhet customs earned revenue amounting to Tk 1,267.5 million (126.75 crore) exceeding the target of Tk 1,220 million in the 2006-07 fiscal through its 11 customs stations, reports UNB.On the other hand, about Tk 250 million more had been earned...

Chevron supports schools to improve standard of edn

2007-07-09 00:00:00

FE ReportThree schools near the Bibiyana gas field area are now set to recruit three additional teachers each to improve the standard of education after receiving a donation from Chevron Bangladesh, said a press release. Chevron Bangladesh President Steve Wilson...

Arefin joins City Bank as EVP

2007-07-09 00:00:00

FE ReportMashrur Arefin has joined The City Bank Limited as executive vice president (EVP) with the charge of setting up retail or consumer banking business for the bank. Prior to joining City Bank, he served the Eastern Bank Limited as...

Govt borrows Tk 8.00b thru' treasury bills

2007-07-09 00:00:00

FE ReportThe government borrowed Tk 8.00 billion (800 crore) Sunday through auctions of treasury bills. It will result in draining out of Tk 8.00 billion from the market in the week.The central bank conducted auctions of 28-day, 91-day and 182-day...

‘Bankers should have clear concept’ about core risks management

2007-07-09 00:00:00

FE ReportBangladesh Bank Executive Director ATM Nasiruddin said that all bank officials should have a clear concept of Core Risks Management to become a successful banker in competitive global market. He was the keynote presenter at a workshop on 'Core...

Titas Spinning opts for RanksTel corporate package

2007-07-09 00:00:00

FE ReportPrivate land phone operator RanksTel and export oriented industry Titas Spinning and Denim Company Ltd came to a corporate agreement recently. Under the agreement, Titas will use RanksTel Corporate Package to furnish its land phone requirement at an economy...

Darsana customs collect Tk 600m rev last fiscal

2007-07-09 00:00:00

CHUADANGA, Jul 8 (BSS): The Darsana customs have collected Tk 60,66,28,806 revenue on more than 30 heads during the fiscal 2006-2007.According to an official source, the revenues were collected from import and export duties, sales tax, development tax, income tax...

corporatewatch

2007-07-09 00:00:00

Change of AB Bank name approvedThe authorities of Arab-Bangladesh Bank Limited have stated that the Banking Wing of the Finance Division of Ministry of Finance vide its letter dated on July 3, '07 approved the change of name of the...

IPO diary

2007-07-09 00:00:00

Trust BankSubscription Opens July 15, 2007Subscription Closes July 19, 2007Subscription for NRB July 15, 2007 to July 28, 2007Offer Price (Tk.) 150.00 (including premium of Tk 50)Face Value (Tk.) 100.00 Market lot (Share) 50Public Offer (Share) 4,666,700Total Paid up Capital...

335 including 310 female students killed in overnight operation in Lal Masjid: Cleric

2007-07-09 00:00:00

ISLAMABAD, July 8 (XINHUA): Abdul Rashid Ghazi, deputy chief of Lal Masjid mosque claimed Sunday that 335 religious students were killed in the overnight operation launched by the Pakistani army Saturday, local TV channel reported. Rashid said that 310 female...

Taj Mahal named among 'new' world wonders

2007-07-09 00:00:00

LISBON, July 8 (AFP): The Great Wall of China and the Taj Mahal in India were named Saturday as two of the seven "new" wonders of the world at a celebrity-studded televised ceremony in the Portuguese capital. The others were...

Death toll rises to 156 in northern Iraq truck bomb

2007-07-09 00:00:00

TIKRIT, Iraq, July 8: (XINHUA): The death toll rose to 156 and 255 others wounded in a truck bomb explosion at a popular market in a town in Salahudin province north of Baghdad Saturday, a source from the provincial US...

Vegas couples hope sevens will be lucky wedding day

2007-07-09 00:00:00

LAS VEGAS, July 8 (AFP): By the time Terrence Balcita and Chevela Luong were joined as one at 9:30 am Saturday, Las Vegas was in full swing-not enjoying blackjack or Wayne Newton, but that other Vegas specialty: the quickie wedding....

Israeli cabinet approves release of 250 Fatah prisoners

2007-07-09 00:00:00

JERUSALEM, July 8 (AFP): Israel's cabinet Sunday approved the release of 250 Palestinian prisoners of president Mahmud Abbas's Fatah party in a move to boost the moderate leader battling for authority with Islamist Hamas. "The government approved the proposal to...