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Egyptian firm to invest in N Korean cement plant

2007-07-17 00:00:00

SEOUL, July 16 (AFP): An Egyptian group has sealed a 115 million dollar deal to invest in a North Korean cement plant, press reports and Pyongyang's state media said today. Orascom Construction Industries and the Pyongyang Myongdang Trading Corporation have...

Import, export of machine-building industry grow 28.91pc in China

2007-07-17 00:00:00

BEIJING, July 16 (CEIS): China's import and export of machine- building industry totaled 134.924 billion US dollars in the first five months of this year, up 28.91 per cent year on year, 5.21 per centage points higher than the growth...

US to pour $750m into Pakistan's tribal areas

2007-07-17 00:00:00

WASHINGTON, July 16 (AFP): The administration of President George W. Bush plans to pour 750 million dollars worth of aid into Pakistan's tribal areas in a bid to wrest it away from Al-Qaeda and Taliban militants, The New York Times...

India's Bajaj Auto eyes Ducati, Triumph

2007-07-17 00:00:00

MUMBAI, July 16 (AFP): Bajaj Auto, India's second largest motorcycle manufacturer, is looking at forging a partnership with or buying Italy's Ducati or Britain's Triumph, both iconic marques, a report said today. Bajaj Auto has been on the lookout for...

Overall import in first half of July declines

2007-07-17 00:00:00

FE ReportThe overall import in the first half of the first month of the current fiscal (2007-08) has fallen compared to the corresponding period of the last fiscal following less import of some essential food items.Businessmen imported goods worth US$...

BASIC Bank officials urged to ensure better services

2007-07-17 00:00:00

FE ReportOfficials of the BASIC Bank Limited have been urged to provide customers with the best services with utmost honesty and sincerity. Managing Director of the bank AH Ekbal Hossain made the appeal while distributing certificates among the participants at...

StanChart takes over US visa fee collection service

2007-07-17 00:00:00

FE ReportStandard Chartered (StanChart) Bank has taken over the US MRV visa fee collection service of the US embassy, said a press release. With opening of the service, Standard Chartered Bank has become the exclusive bank for collecting of US...

Warid Telecom introduces economy ISD facility

2007-07-17 00:00:00

FE ReportWarid Telecom has introduced economy ISD facility, allowing its subscribers to make international calls at lower rates, said a press release.Both the post-paid and the pre-paid subscribers of Warid can make overseas calls at rates as low as Tk...

Rainy season wear expo begins at Nogordola

2007-07-17 00:00:00

FE ReportA month-long exposition of rainy season wear and crafts, based on inspiration of indigenous textile designs, was inaugurated Monday at Nogordola, a house of handicrafts and handloom textiles, at Dhanmondi in the city.Women's right activist Maleka Begum inaugurated the...

BFIC holds lottery for IPO

2007-07-17 00:00:00

FE Report The lottery for allotment of primary shares of Bangladesh Finance and Investment Company Ltd (BFIC) was held at Bangladesh China Friendship Conference Centre in the city Monday.The company offered 0.7 million shares of Tk 100 each for public...

Pubali Bank's Mirganjbazar branch moves to new premises

2007-07-17 00:00:00

FE ReportWith a view to providing modern banking services to its clients, Mirganjbazar branch of Pubali Bank at Sylhet has been shifted to its new premises recently.Chairman of the bank's board of directors Hafiz Ahmed Majumder inaugurated the new premises...

'Snake venom has tremendous export potential for country'

2007-07-17 00:00:00

The country can earn huge foreign exchange by exporting snake venom, experts told a meeting of the Export Promotion Bureau (EPB) in the city Sunday, reports UNB."There is huge potential for the country to export snake venom, and we should...

LP gas crisis on in B'baria

2007-07-17 00:00:00

Our CorrespondentBRAHMANBARIA, July 16: Crisis of liquefied petroleum (LP) gas has been continuing in the district following sudden prices hike of the fuel item and gas cylinders.The situation has been causing misery to the consumers for about a fortnight.According to...

Overall import in first half of July declines

2007-07-17 00:00:00

FE ReportThe overall import in the first half of the first month of the current fiscal (2007-08) has fallen compared to the corresponding period of the last fiscal following less import of some essential food items.Businessmen imported goods worth US$...

BASIC Bank officials urged to ensure better services

2007-07-17 00:00:00

FE ReportOfficials of the BASIC Bank Limited have been urged to provide customers with the best services with utmost honesty and sincerity. Managing Director of the bank AH Ekbal Hossain made the appeal while distributing certificates among the participants at...

StanChart takes over US visa fee collection service

2007-07-17 00:00:00

FE ReportStandard Chartered (StanChart) Bank has taken over the US MRV visa fee collection service of the US embassy, said a press release. With opening of the service, Standard Chartered Bank has become the exclusive bank for collecting of US...

Warid Telecom introduces economy ISD facility

2007-07-17 00:00:00

FE ReportWarid Telecom has introduced economy ISD facility, allowing its subscribers to make international calls at lower rates, said a press release.Both the post-paid and the pre-paid subscribers of Warid can make overseas calls at rates as low as Tk...

Rainy season wear expo begins at Nogordola

2007-07-17 00:00:00

FE ReportA month-long exposition of rainy season wear and crafts, based on inspiration of indigenous textile designs, was inaugurated Monday at Nogordola, a house of handicrafts and handloom textiles, at Dhanmondi in the city.Women's right activist Maleka Begum inaugurated the...

'Snake venom has tremendous export potential for country'

2007-07-17 00:00:00

The country can earn huge foreign exchange by exporting snake venom, experts told a meeting of the Export Promotion Bureau (EPB) in the city Sunday, reports UNB."There is huge potential for the country to export snake venom, and we should...

Pubali Bank's Mirganjbazar branch moves to new premises

2007-07-17 00:00:00

FE ReportWith a view to providing modern banking services to its clients, Mirganjbazar branch of Pubali Bank at Sylhet has been shifted to its new premises recently.Chairman of the bank's board of directors Hafiz Ahmed Majumder inaugurated the new premises...

BFIC holds lottery for IPO

2007-07-17 00:00:00

FE Report The lottery for allotment of primary shares of Bangladesh Finance and Investment Company Ltd (BFIC) was held at Bangladesh China Friendship Conference Centre in the city Monday.The company offered 0.7 million shares of Tk 100 each for public...

LP gas crisis on in B'baria

2007-07-17 00:00:00

Our CorrespondentBRAHMANBARIA, July 16: Crisis of liquefied petroleum (LP) gas has been continuing in the district following sudden prices hike of the fuel item and gas cylinders.The situation has been causing misery to the consumers for about a fortnight.According to...

Most Asian markets fall

2007-07-17 00:00:00

HONG KONG, July 16 (AP): Most Asian markets fell Monday, with companies like Samsung Electronics in Korea and China Mobile in Hong Kong declining on profit-taking. BANGKOK: Thailand's shares ended lower on profit-taking, tracking regional declines. The Stock Exchange of...

European shares firm

2007-07-17 00:00:00

LONDON, July 16 (AFP): Europe's main stock markets mainly rose as investors seized on the latest developments in the multi-billion-euro takeover battle for control of Dutch lender ABN Amro, dealers said Monday. They also kept an eye on surging oil...

Customs, excise, VAT dept realises Tk 781.3m revenue in Feni Division

2007-07-17 00:00:00

FENI, July 16 (BSS): The officials and employees of customs, excise and VAT department of Feni Division realised a record amount of Tk 781.30 million revenue in 2006-07 financial year.The Feni Division comprises of Noakhali, Lakkhipur and Khagrachhari districts and...

Uttara, Seylan banks sign remittance deal

2007-07-17 00:00:00

FE ReportUttara Bank Ltd and Seylan Bank Ltd of Sri Lanka have signed a remittance agreement in the city recently, said a press release. Shaikh Abdul Aziz, deputy managing director (DMD) of Uttara Bank Ltd, and Ajita Pasqual, chief executive...

Singer introduces power generators

2007-07-17 00:00:00

FE ReportSinger has launched four categories of power generator with different capacities, said a press release. These petrol-run generators are energy efficient, environment friendly, can generate both 220 volt AC current and 12 volt DC current. The generators are capable...

corporatewatch

2007-07-17 00:00:00

Square Pharma recommends 50pc cash, 50pc stock dividendsThe board of directors of Square Pharmaceuticals Limited has recommended 50 per cent cash and 50 per cent stock dividends for the year that ended on March 31, '07. The annual general meeting...

Twin car bombings in Iraqi city kill 80

2007-07-17 00:00:00

KIRKUK, (Iraq), July 16 (Agencies): Twin suicide car bombings exploded within 20 minutes of each other in the northern city of Kirkuk on Monday, killing at least 80 people and wounding around 150 in attacks targeting a Kurdish political office...

NKorea reactor shut down

2007-07-17 00:00:00

SEOUL, July 16 (AFP): North Korea's shutdown of its plutonium-producing reactor is a good start but persuading it to abandon all its nuclear ambitions will be difficult, the chief US negotiator said Monday. "We took a long time to get...