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LankaBangla approves issuance of rights

2011-11-01 00:00:00

FE ReportThe Shareholders of LankaBangla Finance Limited approved issuance of Right Share @ 1R:1 (i.e. One Right Share for One Ordinary Share held) at par value of Tk.10.00 each subject to approval of regulatory authority at the 6th Extraordinary General...

Robi signs deal with IUT

2011-11-01 00:00:00

Robi Axiata Limited signed an agreement with Islamic University of Technology (IUT) in Gazipur recently to facilitate internship opportunity. Robi has already signed internship agreement with the leading universities as part of its campus branding and activation program. A written...

Singer opens dealer shop at Basail

2011-11-01 00:00:00

From now on the people of Basail, Tangail will be able to purchase Singer products like refrigerator, television and other consumer electronic and home appliances from a newly inaugurated dealer shop, said a press release. As part of its initiative...

SEC plans to fix minimum share-holding for sponsors

2011-11-01 00:00:00

FE ReportThe securities regulator is contemplating changes in the minimum share-holding limit for sponsor-directors of listed companies to meet, what it considered, the need to help reduce aggressive sale pressures in the market. The Securities and Exchange Commission (SEC) has...

Investors call 'grand rally' December 7

2011-11-01 00:00:00

FE ReportInvestors in the stock market threatened to organise a 'grand rally' in Dhaka on December 7, and continued their demonstration programme for four days in a row yesterday (Monday), demanding return of normalcy to the market. They also announced...

US to conduct survey on child labour situation in RMG

2011-11-01 00:00:00

Syful IslamThe US labour department has employed an international organisation to carry out a survey on the presence of child labour in the apparel sector of Bangladesh, officials said Monday. However, a Ministry of Commerce (MoC) official denied the presence...

Do we really need more banks?

2011-11-01 00:00:00

Ahsan MansurIn recent weeks controversy has flared press reports that government has decided to grant new banking licences for fourth generation banks to start operations. Arguments have been made by both opponents and proponents in favour or opposing this decision...

'Clean image' is cardinal feature for the politicians

2011-11-01 00:00:00

Zaglul A ChowdhuryThe results of the Narayanganj City Corporation (NCC) elections has sent a "clear message"- and that is, "clean image" is crucially important for the politicians. The easy victory of Dr. Selina Hayat Ivy largely stems from her performance...

Call money rate goes up

2011-11-01 00:00:00

FE Report The inter-bank call money rate hit 15 per cent Monday, as the banks saw withdrawal of substantial amount of cash ahead of the Eid-ul-Azha festival, treasury officials said. The call rate ranged between 12.00 per cent and 15.00...

Time extension for metro routeends, scheme's fate uncertain

2011-11-01 00:00:00

Munima SultanaUncertainty is still persisting over the fate of the US$ 2.75 billion metro rail project as the government's time extension for confirmation of its route to the scheme's Japanese lending agency JICA ended Monday without any 'clearance' coming from...

Hasina, Khaleda exchange Eidgreetings

2011-11-01 00:00:00

Prime Minister Sheikh Hasina and opposition leader Khaleda Zia have greeted each other on the occasion of Holy Eid-ul-Azha. The premier and the opposition leader sent Eid greeting cards to each other Monday. On behalf of the Prime Minister her...

Country won't get any revenue from 'Transit'

2011-11-01 00:00:00

DU Correspondent The country will not get any revenue from 'Transit' as the earnings will not be enough even to cover a fraction of maintenance cost of the infrastructure alone, said renowned economists in the capital Sunday. "The net revenue...

ICT urged to bring Ghulam Azam to justice

2011-11-01 00:00:00

The investigation agency through the prosecution has urged the International Crimes Tribunal to bring ex-ameer of Jama'at-e-Islami Prof Ghulam Azam to justice for his alleged involvement in crimes against humanity during the 1971 liberation war, reports UNB. Coordinator of the...

Ivy vows to deliver on her polls pledges

2011-11-01 00:00:00

Selina Hayat Ivy, the first Narayanganj City Corporation (NCC) mayor, has vowed to deliver on her campaign pledges keeping people above party and taking her election rivals Shamim Osman and Taimur Alam Khandaker on board. In an interview with bdnews24.com...

Contributions of Indira to BD recalled

2011-11-01 00:00:00

Speakers at a discussion in the city Monday said former Indian Prime Minister (PM) Indira Gandhi was a non-communal leader, champion of democracy and a true friend of Bangladesh, reports BSS. They said Indira Gandhi was one of the best...

RAJUK to start constn of Uttara flat project in Dec

2011-11-01 00:00:00

Rajdhani Unnayan Kartripakkha (RAJUK) is to start the Uttara flat project in December, an official said Monday. "ECNEC has already approved the project and construction would start in December," Mahbub-ul-Alam, member (development) of RAJUK, told BSS. Alam said a total...

Govt set to finalise

2011-11-01 00:00:00

FHM Humayan KabirThe government is set to finalise the US$ 560 million loan from China soon to set up the country's largest fertiliser factory in Sylhet, officials said Monday. Finance ministry officials said they had sent a request to the...

Country's roads unfit for heavy vehicular traffic movement: CPD

2011-11-01 00:00:00

Jasim Uddin HaroonCondition of roads in Bangladesh is unfit for the movement of heavy vehicular traffic, particularly the vehicles coming from India, Nepal and Bhutan, a local think tank said. Centre for Policy Dialogue (CPD) noted this in its recommendations...

Over 0.1m BD pilgrims reachSaudi Arabia to perform Hajj

2011-11-01 00:00:00

FE ReportThis year 101,210 pilgrims reached Saudi Arabia to perform holy Hajj through government and non-government agencies, President of Hajj Agencies Association of Bangladesh (HAAB) Jamal Uddin Ahmed said at a press conference Monday. He said this year the Saudi...

Law enforcers step up security in garment units ahead of Eid

2011-11-01 00:00:00

Jubair HasanThe law-enforcement agencies have kept their close eyes on the garment factories which are not members of the country's two apparel bodies - BGMEA and BKMEA - amid concerns from manufacturers and union leaders. Special attention of the law...

JSC, JDC exams from today

2011-11-01 00:00:00

The examinations of Junior School Certificate (JSC) and Junior Dakhil Certificate (JDC) begins across the country today (Tuesday), reports UNB. A total of 1,861,113 students, including 323,691 from Madrasah, will sit for the examinations in 2,009 examination centres under the...

Blood required

2011-11-01 00:00:00

A minor boy named Nayeem is suffering from AML M3 Leukemia, commonly known as blood cancer. He needs B negative blood urgently for treatment, says a press release. Those who can donate B negative blood are requested to contact on...

Women in Asia still trail men in planning for retirement

2011-11-01 00:00:00

Iftekhar HasanMen are taking the lead in decision-making across most aspects of financial planning, according to a latest report by HSBC: "The Future of Retirement: Why family matters". Conducted by Cicero Consulting across over 17,000 people in 17 countries, the...

Black money in Bangladesh

2011-11-01 00:00:00

Muhammad Abdul Baset­The issue of black money has been whipping up strong debates frequently in recent years. This is quite natural, given the fact that the size of the black money is huge and the holders of the same do...

Japan intervenes to tame soaring yen ahead of G20

2011-11-01 00:00:00

Tetsushi Kajimoto and Antoni Slodkowski of ReutersJapan sold the yen for the second time in less than three months after it hit another record high against the dollar on Monday, saying it intervened to counter speculative moves that were hurting...

Air pollution needs attention

2011-11-01 00:00:00

The dry months in the cities can very well be dubbed the cruelest, given the fact that the burden of air-borne pollutants becomes heavier, as is palpable now, together with the incidence of increased respiratory diseases among young and old....

Mothers and Malnutrition

2011-11-01 00:00:00

Abdul BayesIn general, access to food is being considered as an insurance against food insecurity. Besides availability, entitlements have also captured attention. But food is not 'feeding', and hence, despite availability and entitlements, malnourishment could prevail to debilitate children's physical...

Cheers and fears as world population hits 7 bln

2011-11-01 00:00:00

Jason Gutierrez of AFPAsia welcomed the world's first symbolic "seven billionth" baby on Monday, but celebrations were tempered by worries over the strain that humanity's population explosion is putting on a fragile planet. The United Nations says that by its...

Climate change, our activities and vulnerability of Dhaka

2011-11-01 00:00:00

Shafiqul Alam Bangladesh is likely to be one of the worst sufferers due to climate change -- an apprehension that grips many. According to a recent global survey, based on factors such as over-population, poor governance, corruption, poverty and other...

Internet Banking: Be aware of phishing!

2011-11-01 00:00:00

Md Nurul Islam SohelIn developed countries, many, if not most, banking transactions can and do take place on the internet. Most internationally recognised banks provide an internet banking service and there are also some internet-only banking companies who offer all...