FE ReportDelta Life Insurance Company Limited (DLICL) has recently purchased a plot of land measuring 31.09 decimal for constructing its own building at Bogra town.DLICL Managing Director Das Deba Prashad and the lan owners signed the sale deed on behalf...
JAGATSINGHPUR, India, Sept 23 (AFP): Indian farmer Ranjan Mohanty is one of the few people in his poor village who backs South Korean steel giant POSCO's plans to build a mega- plant here, but that support has cost him dearly....
Our CorrespondentNILPHMARI, Sept 23: The government is being deprived of huge revenue earning from stone extraction in the district, as there are no specific rules and regulations of revenue collection for extracting stone, sources said.According to the sources, there is...
FE Report Southeast Bank Limited (SEBL) organised a certificate awarding ceremony of six-day foundation training on general banking for the trainee cash officers of the bank at its training institute in the city recently. SEBL Deputy Managing Director MA Muhith...
FE ReportGrameenphone Ltd has recently crossed the 15 million mobile phone subscriber mark. The company has also signed a Tk 2.0 billion (200 crore) loan agreement with a consortium of local banks.Grameenphone signed the syndicated loan agreement with 16 local...
Our CorrespondentCHITTAGONG, Sept 23: Chittagong Chamber of Commerce and Industry (CCCI) president sent a fax message to Chief Adviser Fakhruddin Ahmad Saturday hailing the decision of launching 'Open Sky System' at the three international airports of the country.The decision was...
FE ReportAn 8-day long training course on "International Trade & Foreign Exchange" organised by the Dutch-Bangla Bangla Bank Limited began Saturday for the desk level officers of import and export section of branches. Managing Director of the bank Md Yeasin...
JOYPURHAT, Sept 22 (BSS): Eight district branches of Sonali Bank in Joypurhat would disburse over Tk 49.60 million (4.96 crore) as agriculture and other loans during the current fiscal.The sectors that would draw the loans are: Tk 27.60 million (2.76...
FE Report Islami Bank Bangladesh Limited (IBBL) and United Exchange of Canada recently signed an agreement on instant cash service at the head office of United Exchange in Canada. IBBL Deputy Executive President and its Head of International Banking Wing...
FE Report National Bank Limited (NBL) and International Leasing and Financial Services Limited (ILFSL) signed a credit line agreement at the NBL head office in the city recently. NBL Managing Director (Current Charge) Md Abdur Rahman Sarker and ILFSL Managing...
FE ReportThe government borrowed Tk 7.00 billion (700 crore) Sunday through auctions of treasury bills. It will result in withdrawal of Tk 7.00 billion from the market in the week.The central bank conducted auctions of 28-day and 91-day bills on...
SINGAPORE, Sept 23 (Bloomberg): Asian stocks rose this week after the US Federal Reserve cut its benchmark lending rate by half a per centage point to bolster growth in the world's largest economy. Nintendo Co., the No. 1 maker of...
LONDON, Sept 23 (Bloomberg): European stocks gained this week after the Federal Reserve lowered its benchmark lending rate more than economists predicted to keep the world's largest economy growing. BHP Billiton Ltd. and BP Plc paced gains by mining and...
FE ReportMA Motalib Chowdhury has been appointed General Manger (GM) of Investment Corporation of Bangladesh (ICB). Prior to joining ICB, he was GM of Agrani Bank. He had served the ICB for 23 years in different positions. He also served...
FE ReportThe Investment Corporation of Bangladesh (ICB) announced the net asset value (NAV) of eight ICB mutual funds on the basis of market value of the portfolios as on August 31 last.The NAV of the First ICB Mutual Fund certificates...
FE ReportInternational Finance Investrnent and Commerce Bank Ltd (IFIC Bank) signed an agreement with Central Depository Bangladesh Ltd (CDBL) in the city recently.The agreement provides for the dematerialisation of IFIC Bank shares traded in the stock exchange through the central...
FE Report Niva Majumder has been promoted to the post of General Manager (GM) of Bangladesh Shilpa Rin Sangstha (BSRS). Prior to her present assignment, she was its deputy general manager.Before joining BSRS in 1978, Niva worked with the Bangladesh...
Message from CSEAll investors are requested to make their investment decision on the basis of financial strength of the companies, not on the basis of rumour.Purchase/ sale of director's sharesEastland Ins: Moazzem Hossain, one of the sponsors/directors of Eastland Insurance...
COLOMBO, Sept 23 (AFP): Sri Lanka offered Sunday to halt major military operations against Tamil separatists in exchange for peace talks following intense international censure. The military will not press ahead with a ground offensive if the Tigers agree to...
TOKYO, SEPT 23 (AP): Moderate veteran Yasuo Fukuda easily won election as president of Japan's struggling ruling party Sunday, assuring his selection as the new prime minister in a parliamentary vote later this week.Fukuda won 330 votes to former Foreign...
BAGHDAD, Sept 23 (AP): Iraqi investigators have a videotape that shows Blackwater USA guards opened fire against civilians without provocation in a shooting last week that left 11 people dead, a senior Iraqi official said Saturday. He said the case...
BAGHDAD, SEPT 23 (AP): The commander of US military forces in the Middle East does not believe current tensions with Iran will lead to war and urges for greater emphasis on dialogue and diplomacy. "This constant drum beat of conflict...
WASHINGTON, Sept 23 (AFP): The White House will ask Congress next week to approve another massive spending measure for the wars in Iraq and Afghanistan totaling nearly 200 billion dollars, The Los Angeles Times reported on its website late Saturday....
TORONTO, SEPT 23 (AP): Governments of almost 200 countries have agreed to speed the elimination of a major greenhouse gas that depletes ozone, UN and Canadian officials said, describing a deal they said was a significant step toward fighting global...
MANTECAL, SEPT 23 (AP): Hugo Chavez is driving across the plains of Venezuela, raving about a Hollywood film in which the enslaved hero rises up to challenge the emperor of Rome. "'Gladiator' - What a movie! I saw it three...
US authorities have told Germany they will not hand over 13 suspected CIA agents sought over the alleged kidnapping of a German citizen in 2003, an official said. In response, the German government has dropped its extradition demand, according to...
BAGHDAD, Sept 23 (BBC): Talabani said he was "dismayed" by the arrest by US troops Iraqi President Jalal Talabani has called for the immediate release of an Iranian official detained by US forces in the semi-autonomous Kurdish north. Talabani said...
ISLAMABAD, Sept 23 (AFP): Pakistani police detained four key opposition figures Saturday to prevent further protests against President Pervez Musharraf's re-election, police and party officials said. The men support an alliance of pro-democracy parties which has vowed to hold demonstrations...
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