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Happy birthday to Sir Frank Peters

2011-05-04 00:00:00

For 40-years, on May 4, my wife Nadia and I have held a birthday party in honour of Sir Frank Peters. It's more of a ritual and a bit of light entertainment than a party, but we know he would...

'Make public inquiry report on poll violence in 2001'***

2011-05-04 00:00:00

Bangladesh Hindu Buddha Christian Oikkyo Parishad Tuesday demanded of the government to make public the judicial inquiry report on violence on minorities and political opponents in the country during pre and post election period in 2001, reports BSS. Leaders of...

PM to join UN confce on LDCs

2011-05-04 00:00:00

Prime Minister Sheikh Hasina will leave Dhaka Saturday for Istanbul to attend the 4th UN Conference on Least Developed Countries (LDCs), beginning on May 9 in Turkey. The Bangladesh Premier and members of her entourage will fly for Istanbul, on...

Contrasting approaches

2011-05-04 00:00:00

Mahmudur RahmanIn late March flustered Spanish government officials bent backward to try and impress upon their European Union (EU) counterparts that their economy was not in as bad a shape as Portugal's. The European Central Bank (ECB) was not impressed;...

Switzerland freezes assets of Gaddafi, Ben Ali, Mubarak

2011-05-04 00:00:00

BERN, May 3(BBC): Switzerland says it has frozen nearly $1bn worth of assets linked to Libya's Muammar Gaddafi and the deposed leaders of Egypt and Tunisia. Swiss Foreign Minister Micheline Calmy-Rey said some 830m Swiss francs (£580m; $960m) had been...

BB starts buying govt securities

2011-05-04 00:00:00

Siddique Islam The central bank started purchasing government securities from banks and financial institutions, working as primary dealers (PDs), Tuesday to inject fresh funds into the market. "We've accepted two offers worth nearly Tk 630 million from two PDs on...

DC, policemen detained by mob, later rescued

2011-05-04 00:00:00

DINAJPUR, May 3 (bdnews24.com): Paramilitary troops have helped secure the release of detained deputy commissioner (DC) of Dinajpur and police officers at a local house. Two Border Guard Bangladesh (BGB) teams along with two magistrates went to the spot at...

Obama killing means 'winning a war to America'

2011-05-04 00:00:00

Fazle RashidNEW YORK, May 3: The jubilation following the killing of Osama bin Laden knows no bound in America. It has been likened to America winning a war. It was indeed a long drawn battle. The mood on the street...

Happy birthday to Sir Frank Peters

2011-05-04 00:00:00

For 40-years, on May 4, my wife Nadia and I have held a birthday party in honour of Sir Frank Peters. It's more of a ritual and a bit of light entertainment than a party, but we know he would...

'Make public inquiry report on poll violence in 2001'***

2011-05-04 00:00:00

Bangladesh Hindu Buddha Christian Oikkyo Parishad Tuesday demanded of the government to make public the judicial inquiry report on violence on minorities and political opponents in the country during pre and post election period in 2001, reports BSS. Leaders of...

PM to join UN confce on LDCs

2011-05-04 00:00:00

Prime Minister Sheikh Hasina will leave Dhaka Saturday for Istanbul to attend the 4th UN Conference on Least Developed Countries (LDCs), beginning on May 9 in Turkey. The Bangladesh Premier and members of her entourage will fly for Istanbul, on...

Listed cos shift AGM venues to safer places

2011-05-04 00:00:00

FE ReportA good number of listed companies have now shifted their venues of annual general meetings (AGMs) to safer places, adjacent to the Dhaka Cantonment areas to avert possible chaos created by a section of unruly shareholders. Listed companies have...

DSE board's `no' to MI Cement

2011-05-04 00:00:00

Asaduzzaman PallabThe board of directors of Dhaka Stock Exchange (DSE) has once again rejected MI Cement's listing application and decided to appeal to the capital market regulator to reconsider its earlier issued directive in this connection. The capital market watchdog...

GMG resumes flight to New Delhi

2011-05-04 00:00:00

Country's largest private carrier GMG Airlines resumed its flight from Dhaka to New Delhi from May 1, said a press release. Re-entering New Delhi market is a part of GMG's expansion plan. The airline is going to offer the most...

Co board meet

2011-05-04 00:00:00

Confirmation of shares sale

2011-05-04 00:00:00

Prime Insurance: Shah Syed Muradullah Ahmed, one of the sponsors of Prime Insurace Limited, has stated that he has completed his sale of 100,000 shares of the company at prevailing market price through stock exchange as announced earlier. ONE Bank:...

Offer to sell shares

2011-05-04 00:00:00

Exim Bank: Md Fahim Zaman Pathan, one of the sponsorsdirectors of Export Import (Exim) Bank of Bangladesh, has expressed his willingness to sell 200,000 shares out of his total holdings of 9,246,562 shares of the bank at prevailing market price...

'Make public inquiry report on poll violence in 2001'***

2011-05-04 00:00:00

Bangladesh Hindu Buddha Christian Oikkyo Parishad Tuesday demanded of the government to make public the judicial inquiry report on violence on minorities and political opponents in the country during pre and post election period in 2001, reports BSS. Leaders of...

PM to join UN confce on LDCs

2011-05-04 00:00:00

Prime Minister Sheikh Hasina will leave Dhaka Saturday for Istanbul to attend the 4th UN Conference on Least Developed Countries (LDCs), beginning on May 9 in Turkey. The Bangladesh Premier and members of her entourage will fly for Istanbul, on...

Japan allays radiation fear for export containers

2011-05-04 00:00:00

Syful Islam Japan has assured Bangladesh of sending export containers and ships maintaining the radiation level within the "tolerable" limit for humans in an attempt to assuage fears of importers, officials said Tuesday. A delegation of Japanese embassy in Dhaka...

Apparel accessories exports could top $12b by 2018***

2011-05-04 00:00:00

Sonia H MoniOverseas sales of garment accessories could top US$12 billion by 2018 on strong shipments of apparel items, says a leader of the backward linkage industry. Rafez Alam Chowdhury, president of Bangladesh Corrugated Carton and Accessories Manufacturers and Exporters...

Overseas recruitment rises 14pc in Q1

2011-05-04 00:00:00

Arafat AraOverseas recruitment rebounded in the first quarter of 2011 due to opening of new employment opportunities in the Middle East, even as the region is hit by waves of democratic reform. According to the Bureau of Manpower Employment and...

Bin Laden aides bought big orders of Pepsi, Coke, grocer says

2011-05-04 00:00:00

The two polite Pakistanis who helped Osama bin Laden hide in the shadow of their country's army bought bulk food orders, chose major brands and equally favored Pepsi and Coke, neighbors and a local shopkeeper said. Rashid and Akbar Khan...

Barua assures pvt sector of providing logistic support

2011-05-04 00:00:00

FE ReportBBS Cables launched Monday its high quality lead-free electric wires with an aim to ensure conductivity, safety and reliability. "The aim of the present government is to provide logistic and infrastructural support to the private sector while opening new...

Japanese Co invests $ 5.6m in Adamjee EPZ

2011-05-04 00:00:00

CG Fashions Limited, a Japanese company, will set up a readymade garments unit in the Adamjee Export Processing Zone, says a statement. This fully foreign owned company will invest $9.6 million in setting up their unit and will manufacture readymade...

Pfizer profit rises, sales hit by Lipitor rivals

2011-05-04 00:00:00

NEW YORK, May 3 (AFP): US drugmaker Pfizer said Tuesday that first-quarter earnings jumped 10 per cent despite a 13 per cent hit to sales of its anti-cholesterol drug Lipitor from new generic competition. Net earnings at the world's biggest...

Royal Jet expects up to 15pc revenue growth in 2011

2011-05-04 00:00:00

Private jet operator, Royal Jet, expects its 2011 revenue to grow by up to 15 per cent, despite the turmoil in regional and global markets, the Abu Dhabi-based company's President and CEO, Shane Jeffree O'Hare, told the news agency. "This...

China, Japan, S Korea wary of inflation risk

2011-05-04 00:00:00

HANOI, May 3 (Reuters): Finance ministers of China, Japan and South Korea are mindful of the challenges from inflation, rising commodity prices and the increasing volatility of capital flows to the region, a draft statement seen Tuesday ahead of a...

No hurry to push PTA with Pakistan: India

2011-05-04 00:00:00

NEW DELHI, May 3 (Economic Times): India is in no hurry to push for preferential trade agreement (PTA) with Pakistan despite agreeing to explore the idea at the recent meeting between the two countries. "We could work on a PTA...

Tokyo Electric may face $25b in liabilities

2011-05-04 00:00:00

TOKYO, May 3 (Reuters): Tokyo Electric Power may be asked to shoulder half of an estimated $49 billion in total compensation for damages stemming from its crippled nuclear power plant with other power firms to bear the rest, a Japanese...