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Smuggled drugs destroyed in Benapole

2011-04-27 00:00:00

The Border Guard Bangladesh (BGB) destroyed smuggled drugs worth about Tk 90 million at the BGB office in Jessore Saturday.The destroyed drugs include 15,690 bottles of phensidyl, 2400 bottles of foreign liquor, 65.5 litres of stolen liquor, 4.5kg of hemp...

Driver's licence: A must for one living in America

2011-04-27 00:00:00

Maswood Alam Khan from Maryland, USAThe discipline in every stage of living and the citizens' strict adherence to law and order I've witnessed and the amount of personal freedom and convenience I myself have enjoyed during the last seven months...

Housewife commits suicide in Kurigram

2011-04-26 00:00:00

A housewife allegedly committed suicide by taking poison at Nilur Kahmar village in Nageshwari upazila Tuesday night. The deceased was identified as Lucky, 25, wife of Azim Uddin of the village. Police quoting local people said following a quarrel with...

Five robbers held in Sherpur

2011-04-26 00:00:00

Police arrested five highway robbers including a ringleader at Shimultoli diversion on Sherpur-Jamalpur highway early Monday while taking preparation to commit robbery. Police nabbed notorious ringleader of Morakandi area of sadar upazila Ajad alias ZKalu Dakat,30 and his associates-Mobarak Ali,22,...

Youth jailed for stalking in Gaibandha

2011-04-26 00:00:00

A mobile court here on Monday awarded a youth one month imprisonment for sexually harassing a schoolgirl. Police said Sumon Hawlader gave bad proposal to Shapla Akter, daughter of Liton Hawlader of Dabhit Co. Para in front of Hawkers' market...

13 jailed for robbery in Manikganj

2011-04-26 00:00:00

A court here on Monday sentenced 13 people to different terms of jails-from five to nine years- for committing robbery at Jabra village in Gheor upazila in 2008. The convicts are Raja Mia, Rezaul Karim, Bachchu Mia, Alauddin, Lavlu, Mostafa,...

Palli Bidyut men injured in mob attack

2011-04-26 00:00:00

Outraged by persistent power outages, local people attacked two officials of Sarsha palli bidyut office, leaving them injured Tuesday morning. The injured were-Mafijur Rahman, Deputy General Manager and Shariful Islam, Assistant General Manager of the power office. Local people said...

Northern Power to float Tk 1.75b bond

2011-04-26 00:00:00

FE ReportNorthern Power Solution Limited Monday signed a trust deed with Investment Corporation of Bangladesh (ICB) to float a Tk 1.75 billion styled 'Northern Power Solution Bond' to raise capital from the market. Managing Director of Northern Power Solution Ltd...

Southeast Bank shifts Tangail SMEAgri branch

2011-04-26 00:00:00

Southeast Bank's Tangail SMEAgri Branch has been shifted to "Noor Plaza", Holding-263, Tangail Main Road, Ward No-13, Tangail Sadar, Tangail. The Managing Director of the bank, Mr. Mahbubul Alam, formally inaugurated the newly located Branch. In the inaugural ceremony, among...

EBL signs agreement with VLCC

2011-04-26 00:00:00

Eastern Bank Ltd. (EBL) signed an agreement with the premier international slimming, beauty and fitness brand VLCC Healthcare (Bangladesh) Pvt Ltd. on Monday. Under the agreement platinum cardholders and priority customers of EBL will enjoy exclusive special privilege packages at...

UCL AGM approves 75pc stock dividend

2011-04-26 00:00:00

The 13th annual general meeting (AGM) of Union Capital Limited (UCL) has approved 75 per cent stock dividend for the year that ended on December 31, 2010. The AGM was held in the city Monday. UCL Chairman Kazi Golam Rahman...

AB Bank donates kidney dialysis machines to BIRDEM

2011-04-26 00:00:00

FE ReportAB Bank Limited, the first private sector commercial bank of the country has donated two haemodialysis machines to Dialysis and Kidney Transplantation Unit of BIRDEM Hospital in the city recently. The donation is a part of AB Bank's on...

Pubali Bank Chairman, Vice-Chairman re-elected

2011-04-26 00:00:00

Prominent social worker and member of parliament Hafiz Ahmed Mazumder has been unanimously re-elected as chairman of the Board of Directors of Pubali Bank Ltd. Habibur Rahman was also re-elected vice-chairman of the bank. They were re-elected in the 818th...

Philippines to ramp up oil exploration

2011-04-26 00:00:00

MANILA, Apr 25 (AFP): The Philippines said Monday it would ramp up oil and gas exploration to diversify its energy sources, with up to 15 contracts to be auctioned off by July. Manila expects to coax hundreds of millions of...

Asian Tiger Capital Partners market update on DSE

2011-04-26 00:00:00

The Benchmark General Index DGEN continued its downtrend at an accelerated rate as the market lost 3.49% sparking protest in Motijheel area by retail investors before law enforcement agents took control of the situation. The confusion that prevails in the...

Peninsula to buy stake in Mumbai land

2011-04-26 00:00:00

MUMBAI, April 25 (Economic Times): Peninsula Land is buying stake in a Mumbai land parcel for close to Rs 4.0 billion, sources with direct knowledge said. The real estate developer will build a residential project on the 18-acre Sewri land...

Sri Lanka raises taxes on imported vehicles

2011-04-26 00:00:00

COLOMBO, April 25 (LBO): Sri Lanka has raised import duties on several categories of petrol-engined cars and three wheelers with steeper increases seen in larger hybrid vehicles, which had exceptionally low taxes earlier, officials said. A senior treasury official said...

Housewife commits suicide in Kurigram

2011-04-26 00:00:00

A housewife allegedly committed suicide by taking poison at Nilur Kahmar village in Nageshwari upazila Tuesday night. The deceased was identified as Lucky, 25, wife of Azim Uddin of the village. Police quoting local people said following a quarrel with...

Five robbers held in Sherpur

2011-04-26 00:00:00

Police arrested five highway robbers including a ringleader at Shimultoli diversion on Sherpur-Jamalpur highway early Monday while taking preparation to commit robbery. Police nabbed notorious ringleader of Morakandi area of sadar upazila Ajad alias ZKalu Dakat,30 and his associates-Mobarak Ali,22,...

Youth jailed for stalking in Gaibandha

2011-04-26 00:00:00

A mobile court here on Monday awarded a youth one month imprisonment for sexually harassing a schoolgirl. Police said Sumon Hawlader gave bad proposal to Shapla Akter, daughter of Liton Hawlader of Dabhit Co. Para in front of Hawkers' market...

13 jailed for robbery in Manikganj

2011-04-26 00:00:00

A court here on Monday sentenced 13 people to different terms of jails-from five to nine years- for committing robbery at Jabra village in Gheor upazila in 2008. The convicts are Raja Mia, Rezaul Karim, Bachchu Mia, Alauddin, Lavlu, Mostafa,...

Palli Bidyut men injured in mob attack

2011-04-26 00:00:00

Outraged by persistent power outages, local people attacked two officials of Sarsha palli bidyut office, leaving them injured Tuesday morning. The injured were-Mafijur Rahman, Deputy General Manager and Shariful Islam, Assistant General Manager of the power office. Local people said...

Drug makers seek to foray into Turkish market

2011-04-26 00:00:00

Monira MunniLocal drug manufacturers are smacking their lips at the prospect of securing a foothold in Turkey in view of the European nation's demand for quality medicines, officials said. A high powered pharmaceuticals delegation headed by managing director of Beximco...

BSTI to be modernised, says Barua

2011-04-26 00:00:00

FE ReportFormulation of SAARC Common Standards will boost up the socio-economic development process of this region by removing technical barriers to trade and rapid industrialisation, Industries Minister Dilip Barua said Monday. Bangladesh is still lagging behind in applying the modern...

DCCI seeks eradication of bureaucratic complexities

2011-04-26 00:00:00

Dhaka, Apr 25 (UNB)- Bureaucratic complexities faced by the foreign investors while making investment in any sector should be removed urgently for attracting foreign direct investment, DCCI president Asif Ibrahim said on Monday. He said absence of continuity in public...

'Political commitment a must for transparent administration'

2011-04-26 00:00:00

FE ReportFormer adviser to the caretaker government Dr Akbar Ali Khan Monday said transparency and accountability in the country's bureaucratic system cannot be established without strong political commitment and neutral bureaucracy. He said a number of civil servants in the...

Indian fitness group opens outlet in city

2011-04-26 00:00:00

FE Report VLCC, a leader in fitness services, launched Monday its operations in the city with a mission to fight against obesity. "We're happy to be here in Bangladesh to address the obesity related diseases such as cardiovascular disease, hypertension...

B'desh soil lacks required organic matter, experts say

2011-04-26 00:00:00

FE ReportOrganic matter deficiency is eroding farmland fertility, making it essential for farmers to apply balance fertiliser, speakers at a roundtable meeting said Monday. They said while it requires at least 3 per cent organic matter in the soil of...

Balaka restaurant receives great honour in Britain

2011-04-26 00:00:00

Bangladeshi restaurant Balaka has received invitation to provide catering at one of the events to celebrate the marriage ceremony of Prince William and Kate Middleton to be held on April 29, said a press statement. Balaka will provide food items...

World Bank MD arrives today

2011-04-26 00:00:00

Dr Ngozi Okonjo-Iweala, Managing Director of the World Bank Group, arrives in Dhaka today (Tuesday) for high level meetings on development priorities of Bangladesh. Officials said during her three-day visit Dr Ngozi will hold high-level meetings with the government on...