HONG KONG, July 29 (AFP): Asian currencies ended the week mostly down against the dollar although the yen rose on concerns about the prospects for the US economy. JAPANESE YEN: The Japanese currency strengthened in the past week over concerns...
PARIS, July 29 (AFP): Biofuels, destined to partially offset a coming oil shortage and reduce greenhouse gas emissions, will require much more farm land, forcing the European Union to cultivate fields that have lain fallow. The European Union wants biofuels...
PARIS, July 29 (AFP): European companies confronting a double hit from the rise of the euro and of oil prices are turning increasingly to financial markets to stabilise costs and revenues. With the euro setting near daily records against the...
MAUNGDAW (Myanmar), Jul 29 (narinjara.com): The price of rice has increased recently in two western border townships of Myanmar, to the point that people cannot afford to buy rice from the markets, a businessman said. The businessman said, "Many ordinary...
DAKAR, July 29 (AFP): Faced with mounting energy crises, many African nations in recent years have zealously launched projects to produce cheaper biofuels, but few have gained steam. One fervent advocate of biofuels, Senegalese President Abdoulaye Wade, said during a...
ABUJA, July 29 (Xinhua): An official with the Nigerian Petroleum Development Company Limited (NPDC) announced here recently that the company gained 176.5 billion naira (about 1.39 billion US dollars) from crude oil sales in 2006. NPDC, a flagship subsidiary under...
COLOMBO, July 29 (Xinhua): Sri Lanka's retail fuel prices have been raised for the second time in 30 days and for the fourth time in two months, officials said here today. "Fuel prices have been raised with effect from midnight...
NEW DELHI, July 29 (AFP): India's central bank is expected to leave interest rates on hold this week as fears that the country's fast- growing economy is overheating begin to recede, analysts say. The bank's aggressive monetary tightening has slowed...
Finance Adviser Mirza Azizul Islam is optimistic about achieving 7.0 per cent GDP growth if private sector credit growth maintains its current pace, reports UNB. "The present credit growth is 15.2 per cent and I am optimistic to achieve the...
FE Report The affluent section of the society and different private corporation bodies should provide financial support to poor and underprivileged meritorious students of the rural area like Jamuna Bank Limited (JBL).Bangladesh Bank (BB) Governor Salehuddin Ahmed said this while...
FE ReportExport Import (EXIM) Bank of Bangladesh Ltd distributed scholarships among meritorious and poor students of Rajshahi region as a part of its corporate social responsibility (CSR) programmes.The programme was held at a local restaurant in Rajshahi city recently.Vice Chancellor...
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 364-day bills...
FE ReportBangladesh Myanmar Business Promotion Council (BMBPC) hosted a dinner reception in honour of Major General U Saw Tun of Myanmar.The reception was hosted to commemorate the signing of agreement for construction of Bangladesh Myanmar friendship road link at a...
FE ReportThe lottery for allotment of shares of the Phoenix Finance and Investments Ltd (PFIL) will be held at 11-00 am tomorrow (Tuesday) in the city's Bangladesh-China Friendship Conference Centre, a reliable source of the ICB Capital Management Ltd, the...
Our CorrespondentBRAHMANBARIA, Jul 29: Most of the kindergarten (KG) schools, set up in the district town and its adjacent areas in recent times, are doing brisk business without ensuring quality education, sources said.Guardians alleged that teachers are being imparted sub-standard...
DINAJPUR, July 29 (BSS): The election of Dinajpur Chamber of Commerce and Industry (DCCI) was held at its office here Friday for the years of 2007- 08.The elected members of the trade body are Rafiqul Islam, Mossaddek Hossain, Anwarul Islam,...
FE ReportA half-yearly branch managers' conference of Bogra zone of Islami Bank Bangladesh Limited (IBBL) was held at a local hotel in Bogra recently.The conference was inaugurated by IBBL Director and Audit Committee Chairman Kazi Harun-ar-Rashed as the chief guest.Presided...
FE Report Etihad Airways will launch four flights a week from its Abu Dhabi home base to Kathmandu, the capital of Nepal, in October.The flights will provide a valuable link for the 90,000 Nepalese nationals living in the UAE.
FE ReportIDLC and its subsidiaries recorded a half-yearly net profit of Tk 103.7 million (10.37 crore) from January 1 to June 30, which is 70.1 per cent higher than that of the corresponding period of the previous year.IDLC's execution of...
FE ReportDnata, the ground-handling arm of Dubai's Emirates Group, has recently signed a joint venture agreement with China West Airport Group (CWAG) to provide airport ground handling services at Xi'an Xianyang International Airport (XXIA).Dnata and Associated Companies President Gary Chapman...
Our CorrespondentCHITAGONG, Jul 29: Chittagong City Corporation (CCC), at its general meeting, decided to implement the task of developing damaged roads in the port city including their urgent overhaul work worth Tk 250 million (2.5 crore) at the initial stage...
MUMBAI, July 29 (AFP): India's largest private-sector firm Reliance Industries reported yesterday that first-quarter net profit jumped by a better-than-expected 28.1 per cent thanks to better margins and higher exports. The oil and petrochemical giant said net profit totalled 32.64...
NEW YORK, July 29 (Reuters): A $100 million United States data hosting company, whose clients include some of the truly big names in US Inc, looks likely to list on the New Zealand stock exchange (NZX). The company, Diligent Board...
BEIJING, July 29 (Xinhua): The total assets of China's 423 major state-owned enterprises (SOEs) increased by 14.7 per cent from the same time last year to 16.41 trillion yuan at the end of June, said the State-owned Assets Supervision and...
WASHINGTON, July 29 (Reuters): The United States should cut its corporate tax rate while broadening the revenue base by eliminating special credits and deductions, former Federal Reserve Chairman Alan Greenspan and top business executives said on Thursday. Such changes would...
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...
Recommendation of dividendStyle Craft: The board of directors of Style Craft Limited has recommended 25 per cent cash dividend for its shareholders for the fiscal year 2006-2007. The annual general meeting (AGM) of the company will be held on September...
WASHINGTON, July 29 (AFP):The US government is escalating financial sanctions against Iran and ratcheting up pressure on Iranian companies suspected of supporting Tehran's nuclear ambitions. US-Iranian relations deteriorated after the 1979 Islamic revolution, but have worsened since the US-led invasion...
MANILA, July 29 (AFP): Southeast Asian nations headed into a week of security and political talks Sunday looking to seal a landmark cooperation deal but sharply divided on how to deal with human rights abuses -- and each other. Despite...
BEIRUT, Lebanon, July 29 (AP): Hezbollah's leader said Saturday that the militant Islamic group's war last summer with Israel has left the US vision of a "new Middle East" in shambles and claimed the guerrilla group was ready to strike...
© 2026 - All Rights with The Financial Express
