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Latest Company News Updates - By Industry |
| Company (NewsDate) |
News Title |
Banking |
Asian Development Bank
Bangladesh
(October 31, 2007)
|
The Bank expects the total number of mobile phone users in Bangladesh to double in the next two years as competition heats up in the fast growing sector.
Source: Bangladesh
|
Bangladesh Bank
Bangladesh
(November 1, 2007)
|
The bank inform that ' Agriculture credit disbursement has been unsatisfactory during the first quarter of the current fiscal year'.
|
Bangladesh Bank
Bangladesh
(October 31, 2007)
|
Bangladesh Bank Governor said the rate of inflation in the country would remain stable in next few months and it could even decline to some extent, despite IMF apprehension of a rise.
Source: Banladesh Info
|
Bangladesh Bank
Bangladesh
(October 30, 2007)
|
The bank has tightened guidelines for exchange houses abroad having "drawing arrangements" with local banks .
Source: Bangladesh Info
|
Central bank
Bangladesh
(October 31, 2007)
|
Bangladesh's central bank has started monitoring all cash transaction of more than 500,000 taka ($7,246) per day through banks in a drive to detect the illegal transfer and use of funds,
Source: Bangladesh Info
|
City Bank Limited
Bangladesh
(October 30, 2007)
|
The Bank said it is to provide offshore banking services in a special zone in Bangladesh's Chittagong port city to serve investors.
|
Electric/Water/Gas Services |
Cairn Energy Bangladesh
Bangladesh
(November 1, 2007)
|
The company has agreed to sell some of its Bangladesh operations to Santos, the Australian oil and gas exploration group, for up to $70m (ú34m).
Source: Bangladesh Info
|
Cairn Energy Bangladesh
Bangladesh
(October 30, 2007)
|
The company is bought by Australian company Santos.
Source: Bangladesh Info
|
Summit Power Limited
Bangladesh
(October 30, 2007)
|
The company announced to issue rights shares as part of the company's plan to venture into new power plant projects and increase capacity of existing ones.
Source: Bangladesh Info
|
Unique Power Plant Ltd
Bangladesh
(October 30, 2007)
|
The company a subsidiary of Menghna Group, signed a deal with Rural Electrification Board (REB) to sell its 3 MW captive power to the government.
Source: Bangladesh Info
|
Metals |
Katalyst
Bangladesh
(October 30, 2007)
|
The company , has signed a one year MoU with four district chambers in a bid to improve public services for business growth.
Source: Business info Bangladesh
|
Mining/Petroleum |
Bangladesh Petroleum and Exploration Co (Bapex)
Bangladesh
(October 30, 2007)
|
The company is being given eight new drilling projects to augment natural gas supplies and a better economic deal through a price review.
Source: Bangladesh Info
|
Bangladesh Petroleum Corporation
Bangladesh
(October 30, 2007)
|
The company incurred a loss of around 110 million dollars in the first three and half months of the fiscal year beginning in July.
Source: Banladehs Info
|
Petrobangla
Bangladesh
(October 30, 2007)
|
The company refused to supply gas to all but one of the seven under-construction power plants in Chittagong, Comilla and Feni districts, apparently for an administrative mismatch
Source: Bangladesh Info
|
sea port |
Chittagong Port Authority
Bangladesh
(November 1, 2007)
|
The Company recommends allowing regional transit trade through the seaport, that it would boost the income minimum 4-5 times
Source: Bangladesh Info
|
Telecom |
Bangladesh Telecommunication Regulatory Commission (BTRC)
Bangladesh
(October 30, 2007)
|
BTRC performs two tasks: issuing licence to intending operator and allocating frequency before a company starts operating mobile phone service in Bangladesh.
Source: Business info Bagladesh
|
Bangladesh Telegraph and Telephone Board
Bangladesh
(October 30, 2007)
|
The company has further reduced charges on its different services, including NWD call, with effect from the 1st of November.
Source: Bangladesh Info
|
Grameenphone
Bangladesh
(October 30, 2007)
|
The company's CEO informed that the number of mobile phone users in the county would be around 45 to 50 millions in the next two-three years due to steady growth of the telecommunications sector.
Source: Bangladesh Info
|
Transportation |
Maersk Bangladesh Limited
Bangladesh
(November 1, 2007)
|
The company is to build an inland container depot in Bangladesh to ease worsening congestion at the country's main port of Chittagong
|
