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British Council, Grameenphone to observe Tagore festival

2011-04-21 00:00:00

FE ReportBritish Council in collaboration with Grameenphone will observe Tagore festival in the country highlighting 'rediscovering Tagore'. The festival will be divided into two parts - dance drama 'Tasher Desh' and 'Tagore Fashion Show'. Dance drama 'Tasher Desh' will be...

Vast city areas sans power as storm hits grid substation

2011-04-21 00:00:00

A vast area in the city's north-eastern part remained without electricity since 4.0 am Wednesday following substantial damage to the 13233 kV Bashundhara grid substation, reports UNB. A peal of lightning during the storm in the early morning caused the...

Five car hijackers held: Two cars recovered

2011-04-21 00:00:00

Our CorrespondentCHITTAGONG, Apr 20: Car hijackings by armed youths in guise of DB police and RAB using black-coloured sophisticated microbuses and cars have increased alarmingly in the port city while the cases of recovery of the stolen cars are thin,...

Robber held in Mymensingh

2011-04-21 00:00:00

A notorious dacoit was arrested with Tk 6 million from Panchkaunia village of Phulbaria of Mymensingh Monday night.The arrestee was identified as Sarder Saban Ali (38). Police said a gang of robbers snatched away Tk 5 million from turmeric trader...

Housewife beaten by relatives

2011-04-21 00:00:00

A housewife was injured by her brother-in-laws in Barguni village of Chitalmari Upazila of Bagerhat Tuesday.Jesmin Akter (25) was admitted to Chitalmari Hospital. Later, she was shifted to Khulna Medical College Hospital in a critical condition.Chitalmari thana said there was...

Minor boy drowns

2011-04-21 00:00:00

A minor boy drowned in a waterbody at Korota village in Sadar Upazila of Natore Tuesday morning. The deceased was identified as Jibon, son of Faijul Islam of the village. Police said Jibon slipped into a waterbody near his house...

One killed in road mishap

2011-04-21 00:00:00

A road crash at Sadar Upazila of the Goplaganj district has left a teenage boy dead and 12 people injured. The accident took place in Bijoypasha area on Dhaka-Khulna highway when a microbus hit a tempo at about 9pm Monday,...

Man held with fake notes

2011-04-21 00:00:00

A man was arrested along with counterfeit currency notes from NCC Bank branch of Savar Sunday.The arrestee was identified as Kamrul Hasan, son of late Solaiman Khan of Panchkhola village in Sadar Upazila of Madaripur district.Police said Kamrul deposited 15...

Small loans help poor raise income

2011-04-21 00:00:00

Kamrun NaharMicro credit programme has been contributing to the raising of income of people mainly from lower to mid-income groups, industry insiders said. Safia is a borrower of Village Education Resource Centre (VERC), a non-government development organisation which has a...

BJMC mills set to breakeven by July

2011-04-21 00:00:00

Talha Bin Habib State-run jute mills are set to reach a breakeven point by July as the factories are now making profits by reducing annual losses, officials said. The government has set a deadline to breakeven the mills by July...

Janata regularises jobs of 649 'casual' staffers

2011-04-21 00:00:00

FE ReportState-owned Janata Bank Ltd has taken an initiative to regularise jobs for hundreds of its 'casual' employees who have been serving the bank for decades with an uncertain future. As part of the step, the bank's 649 casual staffers...

Insurers likely to get 3 years to raise paid up capital

2011-04-21 00:00:00

Asaduzzaman PallabThe country's insurance companies are likely to get a period of three years to raise their minimum paid up capital in accordance with the newly-enacted Insurance Law 2010, sources in the ministry concerned said. The Insurance Law made it...

Citycell donates computers, Zoom Ultra to schools

2011-04-21 00:00:00

Citycell as part of its participation in digitalisation of Bangladesh Wednesday provided computers and Zoom Ultra connectivity to different educational institutions of the country, said a press statement. Mehboob Chowdhury, CEO of Citycell, handed over the computers and Zoom Ultra...

Seminar on leather industry held

2011-04-21 00:00:00

FE Report EU Switch Asia Re-Tie Bangladesh Project organised a seminar recently with a view to improving working condition, occupational health and safety of workers of the leather industry and quality of produced leather. The seminar titled 'Best Idea Award...

Agora gets ISO certification

2011-04-21 00:00:00

FE ReportAgora--the country's first retail chain shop- has got ISO 9001:2008 certificate for building a platform to ensure the best for its thousands of customers. The Orion Register, Inc, USA awarded the certification to Rahimafrooz Superstores Limited of the country...

Intel, IBM results show computing demand

2011-04-21 00:00:00

Intel Corp. (INTC) and International Business Machines Corp. (IBM) issued sales and profit forecasts that reflected demand from companies eager to upgrade computer systems left fallow during the recession. IBM, the largest computer-services provider, boosted its full-year profit forecast, while...

U.S., Canada need jobless aid: OECD

2011-04-21 00:00:00

Countries like the U.S. and Canada may need to further extend jobless benefits to put a lid on long-term unemployment as the world economy emerges from the financial crisis, the Organization for Economic Cooperation and Development said. Long-term job seekers...

Five car hijackers held: Two cars recovered

2011-04-21 00:00:00

Our CorrespondentCHITTAGONG, Apr 20: Car hijackings by armed youths in guise of DB police and RAB using black-coloured sophisticated microbuses and cars have increased alarmingly in the port city while the cases of recovery of the stolen cars are thin,...

Robber held in Mymensingh

2011-04-21 00:00:00

A notorious dacoit was arrested with Tk 6 million from Panchkaunia village of Phulbaria of Mymensingh Monday night.The arrestee was identified as Sarder Saban Ali (38). Police said a gang of robbers snatched away Tk 5 million from turmeric trader...

Housewife beaten by relatives

2011-04-21 00:00:00

A housewife was injured by her brother-in-laws in Barguni village of Chitalmari Upazila of Bagerhat Tuesday.Jesmin Akter (25) was admitted to Chitalmari Hospital. Later, she was shifted to Khulna Medical College Hospital in a critical condition.Chitalmari thana said there was...

Minor boy drowns

2011-04-21 00:00:00

A minor boy drowned in a waterbody at Korota village in Sadar Upazila of Natore Tuesday morning. The deceased was identified as Jibon, son of Faijul Islam of the village. Police said Jibon slipped into a waterbody near his house...

One killed in road mishap

2011-04-21 00:00:00

A road crash at Sadar Upazila of the Goplaganj district has left a teenage boy dead and 12 people injured. The accident took place in Bijoypasha area on Dhaka-Khulna highway when a microbus hit a tempo at about 9pm Monday,...

Man held with fake notes

2011-04-21 00:00:00

A man was arrested along with counterfeit currency notes from NCC Bank branch of Savar Sunday.The arrestee was identified as Kamrul Hasan, son of late Solaiman Khan of Panchkhola village in Sadar Upazila of Madaripur district.Police said Kamrul deposited 15...

Foreign firms bidding for China contracts face uneven playing

2011-04-21 00:00:00

BEIJING, April 20 (Reuters): Foreign companies bidding for public projects in China, valued at $1 trillion a year, face a sharply tilted playing field, a European Union business lobby said Wednesday, citing favouritism and corruption as influencing the award of...

Free Lanka Capital profit up on high rubber, tea prices

2011-04-21 00:00:00

COLOMBO, April 20 (LBO): Net profit of Free Lanka Capital Holdings, whose shares have been heavily traded since trading began last Monday, shot up 189 per cent to 103 million rupees in the March 2011 quarter from a year ago....

Goldman profit drops as trading revenue falls

2011-04-21 00:00:00

NEW YORK, April 20 (Reuters): Goldman Sachs Group Inc posted a 72-per cent decline in quarterly earnings as trading revenue dropped, and the bank cautioned that there were fewer opportunities to make money in the current environment. The results were...

Hanwha wins $1.05b Saudi deal

2011-04-21 00:00:00

SEOUL, April 20 (AFP): South Korea's Hanwha Engineering and Construction said Wednesday it had signed a $1.05-billion deal to build a power station and desalination plant in Saudi Arabia. The builder said it would complete the plant by 2014 under...

Govt to import 0.1m tonnes of sugar from India, Mexico

2011-04-20 00:00:00

FE ReportThe government will import 0.1 million tonnes of sugar from India and Mexico through state-to-state agreements to keep the market stable during the Ramadan, officials said. The government will import 50,000 tonnes of sugar from India and the rest...

60 ship breaking yards receive environment clearance: BSBA

2011-04-20 00:00:00

Our CorrespondentCHITTAGONG, Apr 19: Ship breakers today said that 60 ship breaking yards of the country have received clearance certificates from the environment department under the ship dismantling industry. The businessmen are importing scrap ships for their yards by fulfilling...

Muhith stresses forestry to cope with climate change

2011-04-20 00:00:00

FE ReportFinance minister Abul Maal Abdul Muhith has disagreed with the forest department's claim of having 17 per cent forestry in the country saying that the percentage would be no more than 9.0 per cent. He said density of population...