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An ignominious show!

2011-03-10 00:00:00

Bangladesh, one of the co-hosts of the current World Cup cricket, shockingly and surprisingly went down to the West Indies, giving the visitors a cake-walk. Hardly anyone in Bangladesh or elsewhere could anticipate such a humiliating defeat for the side,...

India beat Netherlands by 5 wickets

2011-03-10 00:00:00

DELHI, Mar 9 (bdnews24.com): India won their World cup match against Netherlands by 5 wickets with 81 balls to go Wednesday. Yuvraj Singh (51) remained unbeaten with skipper Mahendra Singh Dhoni (19) to lead their victory at Feroz Shah Kotla,...

BD needs investment hike to attain targeted growth

FE Report | 2011-03-10 00:00:00

FE Report World Bank lead economist in Bangladesh Sanjay Kathuria said Wednesday the country needs to raise its investment to 32 per cent of the gross domestic product (GDP) to achieve the level of growth the government aims for the...

Distributorship to replace DO by June: Faruk

2011-03-10 00:00:00

The government is planning to introduce the much-talked about distributorship instead of the controversial delivery order (DO) by June in an effort to rein in prices of essentials in local market, Commerce Minister Lt Col (retd) Faruk Khan said. Bangladesh...

Dhaka gets nod for Mauritius mission

2011-03-10 00:00:00

Diplomatic and economic ties between Bangladesh and Mauritius are expected to get a boost as the government of the African island state has approved a proposal of Dhaka to open an embassy there. "We've received the approval Wednesday and this'll...

Burglar held with stolen idols

2011-03-10 00:00:00

KHULNA, Mar 8 (UNB): Police in a drive Monday morning arrested a burglar along with three stolen idols, cash and jewelries of a temple at Old Gollamari area of the city. The arrested man was identified as Karim Khalifa, a...

MJL, MI listing uncertain

FE Report | 2011-03-10 00:00:00

FE ReportThe listing of the Mobil Jamuna Lubricants (MJL) and the MI Cement has become uncertain as the companies are found to be reluctant to comply with the government's decision on buying back of their shares, sources said. The uncertainty...

IMF team proposes 'functional tax system' for NBR

Doulot Akter Mala | 2011-03-10 00:00:00

Doulot Akter MalaInternational Monetary Fund (IMF) Wednesday suggested the national board of revenue (NBR) to introduce a 'functional tax system' by separating each of its operational activities like tax collection, audit, taxpayers' service and prosecution, said revenue board officials. An...

Muhith seeks support from upper riparian states for river dredging

2011-03-10 00:00:00

Finance Minister AMA Muhith said Wednesday those countries which share the river basins with Bangladesh for drainage should contribute to dredging of its rivers, reports UNB. Bangladesh drains a huge quantity of water from its neighbouring countries to the Bay...

SC to hear Yunus' stay plea Mar 15

2011-03-10 00:00:00

The Appellate Division of the Supreme Court (SC) will hear on March 15 the petition filed by Muhammad Yunus seeking a stay order on the High Court judgment upholding his removal from Grameen Bank as its managing director (MD), report...

Removal of Yunus troubles US admn

From Fazle Rashid | 2011-03-10 00:00:00

From Fazle RashidNEW YORK, Mar 09: The New York Times (NYT) which has been following the Yunus-Government battle over "control" of the Grameen Bank, the bank founded by the Nobel Laureate, ran a four column story today on his removal...

Hillary backs GB independence

2011-03-10 00:00:00

WASHINGTON, March 9 (AFP): US Secretary of State Hillary Clinton backed Grameen Bank's (GB) independence in a call to Muhammad Yunus after the authorities in Bangladesh fired him from the bank he founded to help the poor, her spokesman said...

India beat Netherlands by 5 wickets

2011-03-10 00:00:00

DELHI, Mar 9 (bdnews24.com): India won their World cup match against Netherlands by 5 wickets with 81 balls to go Wednesday. Yuvraj Singh (51) remained unbeaten with skipper Mahendra Singh Dhoni (19) to lead their victory at Feroz Shah Kotla,...

BD needs investment hike to attain targeted growth

FE Report | 2011-03-10 00:00:00

FE Report World Bank lead economist in Bangladesh Sanjay Kathuria said Wednesday the country needs to raise its investment to 32 per cent of the gross domestic product (GDP) to achieve the level of growth the government aims for the...

Distributorship to replace DO by June: Faruk

2011-03-10 00:00:00

The government is planning to introduce the much-talked about distributorship instead of the controversial delivery order (DO) by June in an effort to rein in prices of essentials in local market, Commerce Minister Lt Col (retd) Faruk Khan said. Bangladesh...

Dhaka gets nod for Mauritius mission

2011-03-10 00:00:00

Diplomatic and economic ties between Bangladesh and Mauritius are expected to get a boost as the government of the African island state has approved a proposal of Dhaka to open an embassy there. "We've received the approval Wednesday and this'll...

Burglar held with stolen idols

2011-03-10 00:00:00

KHULNA, Mar 8 (UNB): Police in a drive Monday morning arrested a burglar along with three stolen idols, cash and jewelries of a temple at Old Gollamari area of the city. The arrested man was identified as Karim Khalifa, a...

New AMD of EXIM Bank

2011-03-10 00:00:00

Dr Mohammed Haider Ali Miah has recently been promoted to the post of Additional Managing Director of Export Import Bank of Bangladesh Ltd. Prior to this promotion, he was the Deputy Managing Director of the bank and performed his duty...

ICB approves Tk 5.0 billion

FE Report | 2011-03-10 00:00:00

FE ReportInvestment Corporation of Bangladesh (ICB) has approved Tk 5.0 billion to sponsor the Bangladesh Fund (BF), the largest ever mutual fund (MF), which is going to be floated for supporting the stock market, officials said. The approval came Wednesday...

Rashed appointed Citi Country Officer

FE Report | 2011-03-10 00:00:00

FE ReportCitibank, N.A. announces the appointment of Rashed Maqsood Managing Director & Citi Country Officer - Bangladesh. As Citi Country Officer (CCO) Maqsood assumes the role of leading the Citi franchise in Bangladesh. The CCO is responsible for the safety...

Holcim, Orion Group, Sublime Resources sign jt deal

FE Report | 2011-03-10 00:00:00

FE ReportHolcim Bangladesh Ltd, Orion Group and Sublime Resources signed a joint agreement recently in the city. Under the agreement Holcim Bangladesh will supply cement in the "Mayor Mohammad Hanif (Jatrabari- Gulistan)" flyover project. MD of Holcim Bangladesh Mr. Rajnish...

Rights shares credited

2011-03-10 00:00:00

The authorities of Uttara Finance have stated that they have credited the rights shares to the respective shareholders' BO Accounts.

Suspension of trading

2011-03-10 00:00:00

Continental Ins: Trading of the shares of Continental Insurance Limited will remain suspended on record date today (Thursday). IDLC Finance: Trading of the shares of IDLC Finance Limited will remain suspended on record date today (Thursday).

Spot market trading

2011-03-10 00:00:00

Jamuna Bank: Trading of the shares of Jamuna Bank Limited will be allowed only in the spot market and block/odd lot transactions will also be settled as per spot settlement cycle from today (Thursday) to March 14. Trading of the...

Sale of share

2011-03-10 00:00:00

Ferdous Amin, one of the sponsors of Prime Insurance Limited, has expressed his willingness to sell 60,000 shares out of his total holdings of 2,40,000 shares of the company at prevailing market price through stock exchange within next 30 working...

GP thrust on enhancing women empowerment

2011-03-10 00:00:00

On the occasion of the International Women's Day Grameenphone Ltd. organized a corporate discussion Tuesday. The theme of the discussion was "Towards an empowering culture for corporate women" and the initiative had many folded intentions. Grameenphone took a stride to...

DSE rises for fifth successive day

FE Report | 2011-03-10 00:00:00

FE ReportStrong buying support from retail and institutional investors jacked the Dhaka Stock Exchange (DSE) benchmark index DGEN up for the fifth consecutive session Wednesday, with substantial rise in the turnover. Turnover increased to Tk 12.44 billion, in value term,...

Burglar held with stolen idols

2011-03-10 00:00:00

KHULNA, Mar 8 (UNB): Police in a drive Monday morning arrested a burglar along with three stolen idols, cash and jewelries of a temple at Old Gollamari area of the city. The arrested man was identified as Karim Khalifa, a...

Mirpur Agora steps at 4th year

2011-03-10 00:00:00

Serving near about 0.6 million customers with smile Mirpur Agora steps at its 4th year recently. Niaz Rahim, Managing Director of Rahimafrooz Superstores Ltd, inaugurated the celebration by cutting cake Monday, said a statement. Ranjan De Silva, Chief Executive Officer...

Asia Foundation donates books for women's colleges

2011-03-10 00:00:00

The Asia Foundation's Books for Asia programme in Bangladesh celebrated the 100th anniversary of International Women's Day by distributing 4,500 books across a wide variety of disciplines, such as English, Business, Management, and Computer Science, to 45 women's colleges from...