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Govt social research wing faces fund constraints

2010-11-29 00:00:00

Government's social science research wing, which has conducted 186 in-depth social research in the last five years is now facing acute fund shortage as the allocation for research remained stagnated for a long time to Tk 10 million (one crore)...

UNFPA, BAMBA to host concert

2010-11-29 00:00:00

With the theme of 'Say no to violence against women: Be a real man', UNFPA and BAMBA will jointly host an open air concert at the Banani Army Stadium in the city on December 3 to motivate youths against violence...

DU hons admission test result of 'Ga' unit published

2010-11-29 00:00:00

DU Correspondent The admission test result of 'Ga' unit under Business Studies Faculty of Dhaka University (DU) for the first year honours courses was published Sunday evening.The result is available at the notice board of the faculty office and also...

UCB vows to be more united, more competent

2010-11-29 00:00:00

FE ReportUnited Commercial Bank Ltd (UCB) is set to successfully achieve the business targets of 2010 after fulfilling the same in 2008 and 2009."With our concerted efforts and contribution from all level of employees in spite of the fall-out effect...

Pubali Bank reviews Islamic Banking operations

2010-11-29 00:00:00

FE Report The third meeting of Pubali Bank Shariah Council was held at its head office in the city Sunday reviewing the overall present situation of the Islamic Banking. The bank is providing Islamic banking services at its Principal Branch...

Prospect of increased footwear export to Japan bright

2010-11-29 00:00:00

Yasir WardadJapan's footwear market is alluring Bangladeshi exporters as Bangladeshi footwear's demand is increasing sharply in Japan. Officials and experts said the export could reach $150 million by 2012, if time-bound steps were taken.According to the Export Promotion Bureau, the...

Dhaka Bank holds EGM

2010-11-29 00:00:00

The 5th Extra-ordinary General Meeting (EGM) of Dhaka Bank Limited was held in the city Sunday.Mr. Reshadur Rahman, Chairman of the Board of Directors presided over the meeting. The agenda relating to amendment of concerned Articles of the Articles of...

EU ministers to okay Ireland's euro 85 billion bailout

2010-11-29 00:00:00

BRUSSELS, Nov 28 (AP): European Union nations planned to sign off on a proposed euro 85 billion ($113 billion) emergency loan for Ireland Sunday after a two-week effort designed to prevent the spread of bankruptcy risks to other eurozone countries,...

Prime Bank participates in BB's SME Fair

2010-11-29 00:00:00

FE Report Prime Bank Limited participated in the SME Fair titled 'Assembly of Women Entrepreneurs and Product Display' organised by Bangladesh Bank (BB) on the BB Training Institute premises in the city Saturday, according to a press release.State Minister for...

BP sells 60pc stake in Pan American Energy to Bridas Corp for $7.1b

2010-11-29 00:00:00

LONDON, Nov 28 (Bloomberg): BP Plc, seeking to cover clean-up costs in the Gulf of Mexico, said it has entered into an agreement to sell its 60 per cent interest in Pan American Energy to Argentina-based oil and gas company...

New DMD of BDBL

2010-11-29 00:00:00

Ms Karabi Mujib has recently joined Bangladesh Development Bank Ltd (BDBL) as deputy managing director (DMD), said a press release.Prior to joining the new assignment she was general manager of Ansar-VDP Development Bank. Ms Karabi obtained her Master's degree with...

IPO diary

2010-11-29 00:00:00

BRAC Bank 25% Subordinated Convertible BondsOpening date for subscriptionDecember 5Closing date for subscriptionDecember 9For Non-Resident Bangladeshi Quota, subscription closes on: December 18, 2010Issuer:BRAC Bank LimitedPurpose:To raise Tier 2 Capital (subject to regulatory approval) and undertake normal commercial banking activities with...

Deep-seaport well before deadline

2010-11-29 00:00:00

FE ReportThe country would be able to see the long awaited deep-seaport at Sonadia in Moheshkhali by 2016, four years before the deadline for the first-phase work's completion was targeted, shipping minister Shahjahan Khan said.The first-phase work of the port...

Act to establish deep-seaport authority soon

2010-11-29 00:00:00

Nazmul AhsanThe government has plans to adopt an act soon to facilitate the creation of a deep-seaport authority for the proposed deep-seaport at Sonadia, Cox's bazaar.The deep-seaport, to be designed as a regional port, would help minimize the transportation cost...

Dhaka stocks drop on rumour of netting facility suspension

2010-11-29 00:00:00

FE ReportDhaka stocks dropped Sunday after three consecutive sessions of gain amid rumour that the netting facility might be suspended. The market opened positively, but after one hour it began to decline amid widespread rumour that the securities regulator might...

PM seeks Japanese assistance for Padma Bridge construction

2010-11-29 00:00:00

TOKYO, Nov 28 (BSS): Prime Minister Sheikh Hasina today sought increased Japanese assistance for the socio-economic uplift of Bangladesh especially for construction of the much needed Padma Bridge. She sought the cooperation when a delegation of Friends of Bangladesh led...

HC wants reports on soybean oil import, its price

2010-11-29 00:00:00

The High Court asked on Sunday the Controller of Import and Export and the Chittagong Port authorities to submit within four weeks a comprehensive report on how much edible soybean oil was imported in last six months and at what...

Khaleda's cantt house hearing today

2010-11-29 00:00:00

The Appellate Division of the Supreme Court hears today (Monday) the petitions filed by BNP chairperson Khaleda Zia seeking leave to appeal against the High Court ruling that had declared valid the government notice asking her to vacate the Dhaka...

Public views on draft coal policy under review

2010-11-29 00:00:00

M Azizur RahmanThe government has started reviewing comments on the draft of the national coal policy for its immediate finalisation paving the way for utilising the country's huge coal reserves for future energy security, officials said Sunday.The energy ministry had...

Workers’ agitation causes closure of RMG unit

2010-11-29 00:00:00

A Korean readymade garments factory at Export Processing Zone (EPZ) in Savar declared Sunday a temporary shut-down following workers' agitation, reports bdnews24.com. Actor Sporting Limited at Export Processing Zone (EPZ), Ashulia, Savar put the closure notice on the factory's main...

Cancun climate talks begin today

2010-11-29 00:00:00

Negotiators should begin UN climate talks with far more urgency and resolve, following a year of weather-related disasters, record temperatures, flooding and rising sea-levels, international agency Oxfam said Sunday,reports UNB.Weather-related disasters have devastated the lives and livelihoods of poor people...

One dies in gunfight with RAB

2010-11-29 00:00:00

One biker has been killed in a 'shoot-out' with the Rapid Action Battalion (RAB) in the capital's Gulshan area. The deceased, 30, who could not be identified, was killed by the elite force early Sunday, when he along with his...

US Dy Asstt Secy of State in city

2010-11-29 00:00:00

The US Deputy Assistant Secretary of State for South and Central Asian Affairs, Alyssa Ayres arrived in Dhaka on Sunday on a five-day visit for meetings with senior Bangladesh government officials, political leaders, civil society groups, entrepreneurs and the media....

Madhyapara miners continue strike

2010-11-29 00:00:00

DINAJPUR, Nov 28: Miners of Madhyapara Granite Mining Company Ltd. (MGMCL) in Parbotipur upazila continued their strike for an indefinite period, for the second consecutive day Sunday. The miners started the strike Saturday, protesting the termination of five miners and...

weather

2010-11-29 00:00:00

Weather is likely to remain dry with temporary partly cloudy sky over many places of Dhaka, Rajshahi, Barisal, Chittagong and Sylhet divisions and at a few places over Khulna division today (Monday).Light fog may occur over the river basins of...

Small savers' case puts govt in dilemma

2010-11-29 00:00:00

Doulot Akter Mala The government is in a dilemma over revising the rules of savings instruments, fearing any change "at this moment" will create resentment among small savers who have already en-cashed their investment.Finance minister AMA Muhith recently sent back...

Launch strike at Sadarghat, thousands suffer

2010-11-29 00:00:00

FE ReportOwners have suspended operation of watervessels at Sadarghat Launch Terminal in the city Sunday after ghat (station) workers assaulted a senior launch employee, causing immense sufferings to the passengers.Terminal sources said the ghat workers thrashed Faruk Hossain, manager of...

10 banks hike deposit rate in Nov

2010-11-29 00:00:00

FE Report At least 10 commercial banks raised interest rates on deposits this month, although lending rate remained almost unchanged, officials said. "Many other banks may also increase deposit rates in the upcoming months to meet growing demand for cash,"...

Woman entrepreneurs utilising SME loans more in trading

2010-11-29 00:00:00

FE ReportA recent evaluation has shown that woman entrepreneurs are utilising SME (Small and Medium Enterprise) loans more in trading, compared to manufacturing and service sectors.Statistics has revealed that 49 per cent of the total 1492 enterprises are businesses and...

CSE signs deal to execute new trading system

2010-11-29 00:00:00

FE ReportChittagong Stock Exchange (CSE) Sunday signed a contract with Millennium IT Software Ltd and Polaris Software Lab Ltd for implementing its Next Generation Web Based Trading System (NGTS) at the CSE conference hall.CSE President Fakhor Uddin Ali Ahmed said...