FE Report The Bangladesh Telecentre Network (BTN), a proposed body of the NGOs providing e-service, plans to establish 40,000 telecentres across the country by 2011 to enhance the growth of rural economy."We expect that the utilisation of information technology, including...
FE ReportA syndicate financing loan agreement was signed between five commercial banks led by Agrani Bank Ltd and Green Life Hospital Ltd at a city hotel Monday. Other four syndicated loan provider banks are Janata Bank Ltd, Pubali Bank Ltd,...
FE ReportA number of organisations and corporate bodies, including Standard Chartered Bank (SCB), Bangladesh Export Processing Zones Authority (BEPZA), Dutch-Bangla Bank Limited (DBBL) and Beximco Pharmaceuticals Limited (BPL), are continuing their relief operations among the flood-affected people across the country.SCB:...
FE ReportBangladesh Krishi Bank (BKB) has fixed up an enhanced disbursement target of Tk 35.50 billion (3,550 crore) for agricultural loans for the current financial year in the context of the recent flood. The loans would constitute 54 per cent...
FE ReportBangladesh Shrimp and Fish Foundation (BSFF), in association with Bangladesh Frozen Foods Exporters Association (BFFEA) and the Department of Fisheries, organised a seminar in the city on EU non-tariff trade rules for shrimp and fish-based export industry.President over by...
FE Report Walton, an electrical, electronics and automobiles brand of the country, has opened its exclusive showroom 'World Vision' at Bhola recently. Walton Senior Deputy Director Ilias Kanchan inaugurated the well-decorated showroom. Also present in the opening ceremony were proprietor...
Naim-Ul-KarimThe government is yet to allocate Tk 1.25 billion to pay dues of 2,633 officials, employees and workers of nine state-owned textile mills, who opted for voluntary retirement scheme (VRS) with effect from July 31, a source said."At least two...
FE ReportAl-Arafah Islami Bank Limited (AIBL) held its 198th Executive Committee (EC) meeting at its head office in the city recently. AIBL Executive Committee Chairman Md Enayet Ullah presided over the meeting. Also present in the meeting were AIBL Board...
FE Report Air Arabia, the first and largest low-cost carrier (LCC) in the Middle East and North Africa, will shortly begin operating three additional flights per week on the Sharjah-Chittagong route. Currently, the Sharjah-based carrier provides 2 flights per week...
FE ReportAn agreement was signed between Islami Bank Bangladesh Limited (IBBL) and Bahrain Exchange Company, Kuwait on instant cash facility recently.IBBL Senior Vice President (International Banking) Md Mahbub-ul-Alam and Taitas Deducs Enamakel of Bahrain Exchange Company signed the agreement on...
SIRAJGANJ, Aug 14: The price of liquefied petroleum gas (LPG) cylinders has increased by 15 per cent to 20 per cent within two weeks in the locals market of nine upazilas in Sirajganj district, sources said.Dealers alleged that shortage of...
FE Report The Dhaka Chamber of Commerce and Industry (DCCI) Business Institute (DBI) will organise a training course on 'Garments Merchandising Operation and Management' at the DBI premises in the city from August 18 to 22 from 2:30 pm --...
FE ReportA four-week long comprehensive training course titled 'basic knowledge on capital market,' second of its kind, arranged by Chittagong Stock Exchange (CSE) began at CSE conference hall Monday.ASM Nayeem, former president of Institute of Chartered Accountants of Bangladesh (ICAB)...
LONDON, Aug 14 (Bloomberg): European stocks recovered from earlier losses as France Telecom SA and Vodafone Group Plc advanced. The Dow Jones Stoxx 600 Index rose less than 0.1 per cent to 371.13 at 1:55 p.m. in London after falling...
SAN FRANCISCO, Aug 14 (MarketWatch): Asian stocks may mostly open lower on Tuesday, following downturns in US stocks, but are expected to show volatility as jittery investors contemplate whether it's the time to stop worrying about credit-related woes."People are afraid...
City General Insurance Company Limited Nature of Business: General Insurance Subscription Open: Aug 19 2007Subscription Close: Aug 23 2007 Offer Price (Tk.): 100.00 Market lot (Share): 50 Public Offer (Share): 900,000 Sponsors Portion (Share): 600.000 Private Placement (Share): Total Paid...
Purchase/sale of director's sharesEXIM Bank: Meer Joynal Abedin, Nahida Akter, Md Nazrul Islam Swapan and Md Altaf Hosain, all sponsors of EXIM Bank Limited, have stated that they have completed their sale/purchase of 119,010 shares each of the bank at...
GHAZNI, Afghanistan, Aug 14 (AFP): Two South Korean women freed by Afghanistan's Taliban after more than three weeks in captivity prepared to head home Tuesday as fresh talks began over the release of their 19 compatriots. Kim Gin-A, 32, and...
NEW DELHI, Aug 14 (Reuters): The powerful head of India's ruling Congress party stood firm behind a controversial nuclear deal with the United States Tuesday as fresh efforts were launched to convince communist allies who have rejected it. Sonia Gandhi,...
ISLAMABAD, Aug 14 (AFP): Pakistan celebrated the 60th anniversary of independence Tuesday with prayers and a national minute of silence, low-key festivities for a country in the grip of political and religious turmoil. Major public buildings in the capital Islamabad...
GAZA CITY, Gaza Strip, Aug 14 (AP): Israeli troops and aircraft attacked Islamic militants in the southern Gaza Strip Tuesday, killing two Hamas fighters and two civilians and wounding 15 people, Hamas and Palestinian medical officials said. Hamas said one...
KABUL, Aug 14 (AFP): Iranian President Mahmoud Ahmadinejad arrived in Kabul Tuesday for talks with Afghan leaders amid allegations that his government was supplying weapons to the Taliban insurgency. Ahmadinejad's first visit to Afghanistan since he assumed office comes after...
NEW DELHI, Aug 14 (AFP): India deployed aircraft, combat troops and tens of thousands of security forces on the eve Tuesday of its 60th anniversary of independence after new threats by Al-Qaeda and separatist rebels, officials said. In the federal...
BEIJING, Aug 14 (AFP): A bridge under construction collapsed in China, leaving at least 22 dead and 44 missing, officials said Tuesday, amid warnings over the nation's old and poorly built infrastructure. The 268-metre (885-foot) bridge over the Tuo river...
THE Constitution of the country has made it clear that there must not be any disparity between regions in the matters of development and allocation of resources. Yet violation of the clause concerned of the Constitution has taken place and...
Qazi AzadIN an interview with a Dhaka daily last Sunday, Finance Adviser Mirza Azizul Islam talked briefly about the latest proposal of the International Monetary Fund (IMF) for fresh loans under the poverty reduction growth facility (PRGF) and the conditions...
Victor MalletTHESE are strange times in Thailand. The old certainties of the once vigorous south-east Asian kingdom have given way to doubt and confusion. The Thai economy, for all its reputation as an engine of the post-war Asian "miracle", is...
Ripan Kumar BiswasAT the request of the Prime minister of India Dr. Manmohan Singh and having great feelings for the country, all non-resident Indians across the world came forward to help the tsunami victims. The tsunami killed over 280,000 people...
Squeezing the money supply through a tighter monetary policy and some other mechanisms to control the current price may lead to reduced consumption but it would not help realise its benign object. These policies may drive down prices of only...
A long view of public opinion in this country since its inception will tend to blunt one's thought process blocking new deduction. After the ouster of dictatorship in 1990 of H.M. Ershad, which had taken up the cloak of democracy...
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