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IFIC Bank opens 77th branch at Sirajgonj

FE Report IFIC Bank Limited opened its 77th branch (Belkuchi Branch) at Belkuchi in Sirajgonj Monday, said a press release. IFIC Bank Chairman

India, Pakistan, Iran may sign pact for pipeline next month

NEW DELHI, Jun 12 (PTI): India, Pakistan and Iran are likely to sign an agreement for a tri-nation gas pipeline costing over USD seven billion by end

Banks fail to synchronise term loan with working capital, says Muhith

FE Report The government is planning to formulate a policy under which term loan as well as working capital will be provided to entrepreneurs, said

Banking stocks: A sector to buy

Equity Partners Limited THE banking sector is one of the most important growth engines for any country. To an extent, it s a gauge to estimate the

HIGHLIGHTS

Pyar Ka Bandhan On SONY ENT TV Tuesday at 8-30 pm. Four siblings� four different destinies� separated by fate but bound by blood� will the cal

Call rate in rising mood, dollar stable

FE Report brThe inter-bank call money rate posted slight rise Monday due to high demand for cash. The US dollar, however, remained stable against Bang

Obama issues bold demand for health care action

WASHINGTON, Sept 10 (AFP): President Barack Obama demanded action now from Congress to fix a health system reduced to " breaking point, " vowing to end

1,755 held in countrywide drive

Police arrested 1,755 people on various charges in separate drives across the country in 24 hours until 6:00 am Wednesday, reports UNB. Seven firea

Marico IPO refund warrants, allotment letters to be distributed from Sep 1

Marico Bangladesh Limited (MBL) Saturday held a lottery for allotment of shares at city s Bangabandhu International Conference Center (previously kn

New credit rating for Green Delta Insurance

FE Report Green Delta Insurance Company Ltd (GDIC) has been assigned AA2 rating in the long term and ST-1 in the short term by the Credit Rating Ag

NCC Bank workshop on 'Asset-Liability Management' held

FE Report National Credit and Commerce Bank (NCC Bank) Limited organised a day-long workshop on Asset-Liability Management for its executives an

Bangabandhu�s killers �will be punished�

RANGPUR, Aug 20 (BSS) : Treasurer of Awami League (AL), former Minister and Chairman of the Parliamentary Standing Committee on Public Accounts HN Ash

Stranded trucks of rice start for Bangladesh today

Trucks of rice stranded for days on the other side of the border with India will start for Bangladesh Wednesday, easing fears among people of a furthe

BRDB disburses Tk 552.40m

BARISAL, Aug 25 (BSS): Bangladesh Rural Development Board (BRDB) disbursed Tk 552.40 million (55.24 crore) as loans among 50,406 people in 10 upazilas

ADP to be revised to make way for post-Sidr rehab projects

S M Jahangir The current Annual Development Programme (ADP) will undergo a revision shortly with inclusion of post-Sidr rehabilitation projects, so

Metropolis Cricket season begins Oct 9

The Metropolis Cricket season for the year 2009-10 will begin on October 9 through the Metropolis First Division Cricket League, report UNB. The Me

Microcredit fair drawing large number of visitors

Mahmuda Shaolin A five-day Microcredit Fair-2008 where stalls, set up by small entrepreneurs and non-governmental organisations (NGOs), are attract

City Bank opens new branch

City Bank Limited has opened its 84th branch with modern and online banking facilities at Kachua in Chandpur. Lawmaker Muhiuddin Khan Alamgir inau

Warid Caller Tunes Concert Dec 28

FE Report Country s top band music singers will rock the Warid Caller Tunes Campaign Grand Finale Concert at Kalabagan playground on December 28 (F

IPO Diary

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3 killed as police open fire to quell Hindu, Christian violence in Orissa

NEW DELHI, Dec 28 (AP): Police in eastern India killed at least three people when they opened fire on a group of hard-line Hindus who set fire to a po

Citigroup executive due in city today

Managing Director and the Regional Sales Head for Treasury and Trade Solutions for Citi Global Transaction Services (GTS) in Asia Ivo Distelbrink arri

Asian currencies fall against dollar

HONG KONG, June 17 (AFP): Asian currencies ended the week mostly lower against the dollar after rock-bottom Japanese interest rates were left unaltere

Obituary

Deputy Managing Director of Oman Bangladesh Leasing and Finance Limited Asadul Hoque passed away due to massive heart attack Saturday at the United H

New road spurs economic activities in Rangamati

An important road constructed in Rangamati under an ADB-aided project has spurred economic activities in Kaptai and Sadar upazilas, as over 50,000 peo

Israeli parliament to pick new president

JERUSALEM, June 13 (AP): The race for the Israeli presidency has taken on a high-profile buzz, driven by rape allegations against the sitting presiden

Call for Saudis to curb spending

Roula Khalaf FT Syndication Service RIYADH: Saudi Arabia s central bank governor late last week called on the government to fight inflation by

news digest

Colombia rebels free two hostages from jungle SAN JOSE DEL GUAVIARE, (Colombia), Jan 11: BSS/Reuters) - With tears, smiles and long hugs, two wo

Fertiliser-laden vessel sinks in Bay

CHITTAGONG, Sept 13: A lighterage vessel, engaged in unloading fertilizer from a mother vessel, sank in the Bay along with 500 tonnes of fertilizer at

Haris Chy sentenced to 59 yrs in jail, Moni 14 years

Haris Chowdhury, political secretary to former prime minister Khaleda Zia, was Sunday sentenced in absentia to 59 years jail for cheating, corruption

Reinvestigation into Udichi bomb blast demanded

Our Correspondent JESSORE, Mar 8: Leaders of Udichi Shilpi Goshthi had demanded further investigation into the Udichi bomb blasts in 1999, where 10

Sales of ready flats decline by 50pc

Refayet Ullah Mirdha The once booming real estate sector of the country is facing a decline in its growth over the last one year, following erosion

Work unitedly to implement PM's pledge for 'Charter for Change': President

President Zillur Rahman Thursday urged all to work unitedly with the spirit of the War of Liberation to implement the Charter for Change as pledged

banglalink donates Tk 3.7m for Sidr-hit people

FE Report banglalink donated Tk 3.7 million (37 lakh) generated through fund raising activities, for Sidr-affected people. Chief Executive Offic

Reasonable time needed for holding election

Nurul Momen THE main political parties, their leaders and supporters, are demanding the holding of the national elections sooner than later. They a

Allow investment of undisclosed money in stock market: Bourses

FE Report The country s bourses have urged the government to allow investment of undisclosed money in the stock market to spur its growth. " We,

Polythene bags seized

SYLHET, Mar 1 (UNB): The members of Rapid Action Battalion (RAB), in a drive, seized a huge quantity of banned Polythene bags worth Tk 1.0 million fro

Boosting workers' productivity

A recent ILO report emphasised that 20 to 35 per cent of the labour force in Bangladesh engage in at least 50 hours of work per week. This is reflect

'Waterproof' rice to tackle crop loss in Bangladesh

WASHINGTON, Nov 23 (ANI): Waterproof versions of popular varieties of rice, which can withstand two weeks of complete submergence, have successfully

7.5 pc GDP possible if infrastructural dev ensured

Our Correspondent CHITTAGONG, Oct 09: Infrastructural development in establishing industries if ensured and environment friendly atmosphere created

42 Bangladeshis returns from Iraq with IOM support

FE Report Forty-two Bangladeshi nationals stranded in Iraq have returned to the country Wednesday with the support of the International Organisati

China eyes overseas land in food push

Jamil Anderlini FT Syndication Service BEIJING: Chinese companies will be encouraged to buy farmland abroad, particularly in Africa and South A

US missile strike kills 12 in Pakistan

At least 12 people - mostly Taleban insurgents - have been killed Friday in north-west Pakistan in a suspected US missile strike, Pakistani officials

$112m Japanese loan for railway modernization

FE Report The country will get US$112 million soft loan from Japan for a railway sector modernisation project, official sources said. The Econom

Indonesian President praises Bangladesh development model

Indonesian President Susilo Bambang Yudhoyono has praised the Bangladesh development Model, saying that the steady development Bangladesh achieved thr

Traffic restrictions in city for Ijtema

Government authorities have imposed restrictions on vehicular movement on some city roads for 24 hours from 6:00pm Saturday for safe movement of musul

Three contest June 15 Sunamganj by-polls

It will be a triangular fight in Sunamganj-4 by-election scheduled for June 15. Matiur Rahman of AL, Fazlul Haque Aspia of BNP and independent candida

WB to provide $50m for CFL bulb

The World Bank (WB) will provide 50 million US dollars to Bangladesh for compact fluorescent lights (CFL), reports BSS. To produce 10 million piec

EU summit set to give backing for Barroso

BRUSSELS, June 18 (AFP): EU leaders, starting two days of talks, are set to back EU Commission chief Jose Manuel Barroso for a second term and give Ir

Tariff structure in customs law to be rationalized

Doulot Akter Mala The government has taken a first-ever move to rationalise tariff structure in customs law slashing higher duty from basic raw mat

Belgium, Luxembourg scramble to sell Fortis

BRUSSELS/LUXEMBOURG, Oct 5 (Reuters): Belgium and Luxembourg scrambled Saturday to find a buyer for the remains of troubled financial group Fortis and

Foreign currencies worth Tk 50m seized at ZIA, passenger held

FE Report A man carrying foreign currencies worth around Tk 50 million was held by Customs officials at Zia International Airport (ZIA) Wednesday,

Former FIFA vice-president dead

GLASGOW, Sept 25 (AFP): David Will, a former President of the Scottish Football Association (SFA) who also served as a vice-president of FIFA, has die

ICB AMCL declares NAV of two unit funds

FE Report ICB AMCL, a subsidiary of the Investment Corporation of Bangladesh (ICB), has declared the net asset values (NAV) of its two unit funds. <

UCB, Siemens sign corporate deal

FE Report United Commercial Bank Limited (UCB) signed a corporate agreement with Siemens Bangladesh Limited in the city recently, said a press rel

Ban religion-based parties, disqualify war criminals from polls, AL tells EC

Awami League (AL) joined forces with other political parties in demanding that religion-based political parties must be banned and war criminals as we

Banks asked to ensure re-financing facilities to woman entrepreneurs

FE Report The Bangladesh Bank (BB) has asked commercial banks and financial institutions to ensure re-financing facilities to woman entrepreneurs

Foreign investors want to buy local shoe-making industries

FE Report The reputed European and Asian shoemakers are eyeing to purchase the country s small and medium shoe making industries and also seeking j

Advisory council again sends back proposal on off-shore HC exploration

FE Report The draft proposal on the third round bidding for off-shore oil and gas blocks is stuck up, still awaiting full advisory council s consen

Nation observes Madhusudan's birthday

JESSORE, Jan 25 (bdnews24.com): The nation Friday observed the 184th birth anniversary of Michael Madhusudan Dutta, who introduced the blank verse -

Citibank arranges Tk 150b agricultural loans

Citibank N A Bangladesh has made arrangement to raise Tk 1.5 billion loans for BURO Bangladesh, a fast growing micro finance institution of the countr

Pursuing the path of tolerance

As usual we remembered on the occasion of the Victory Day on December 16 our heroes with gratitude who had sacrificed their lives to give us the Indep

Govt to hire oil giants to drill, develop gas from under-explored fields

M Azizur Rahman The government has decided to hire foreign oil giants to develop and produce gas from several of the country s under-explored hydro

Asian stocks rise to record

LONDON Oct 8 (Bloomberg): Asian stocks rose to a record after a pickup in U.S. hiring stoked optimism the world s biggest economy will avoid a recessi

DBBL opens its 56th branch in Mymensingh

FE Report Dutch-Bangla Bank Limited (DBBL) opened its 56th branch in Mymensingh district town Sunday with on-line banking facilities from the very

Corruption threatens "soul and fabric" of US: FBI

BOCA RATON, Florida, Dec 15 (Reuters): Corruption, whether in the form of crooked officials, financial fraudsters or even philandering sports stars, i

Late goal gifts Qatar surprise draw with Japan

HANOI, Jul 9 (AFP): Qatar stunned defending champions Japan with a late equaliser to earn a 1-1 draw in their Asian Cup opener Monday, but it ended on

Case for bilateral free trade pacts

Syed Fattahul Alim IN the arena of external trade, India and China are two largest trading partners of Bangladesh. The other important regional tra

MoF seeks clarification on BB move to raise NBFI capital

FE Report The Ministry of Finance has sought to know from the Bangladesh Bank the rationale behind its move to double the paid-up capital of the n