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BBSL to go public

2010-12-13 00:00:00

FE ReportBangladesh Building System Ltd will raise Tk 240 million (24 crore) from the capital market to finance its expansion, the steel maker said.The Gazipur-based company, which began its operation in 2003, will float 2,40,00,000 ordinary shares with a face...

NBL opens 137th branch in Ctg

2010-12-13 00:00:00

National Bank Limited (NBL) has inaugurated its 137th branch at Halishahar in Chittagong recently, said a press release. Sponsor Director of the bank Khalilur Rahman inaugurated the branch as the chief guest, while Professor of Dhaka University Dr Nizamul Haque...

Mobil Jamuna IPO subscription starts from Jan 2 next

2010-12-13 00:00:00

FE ReportThe IPO subscription of the state-run fuel company Mobil Jamuna Lubricants (MJL) - the largest-ever after that of Grameenphone - starts from January 2 next, officials said.As per subscription schedules, resident Bangladeshis will be allowed to apply for the...

Sugarcane selling system through SMS launched

2010-12-13 00:00:00

Prime Minister Sheikh Hasina formally launched the digital purjee system (a kind of permit) Sunday at 15 sugar mills in the country to make sugarcane selling system easier through mobile phone SMS, report agencies.She launched the epoch-making system from her...

WB offers $140m for three SEZs

2010-12-13 00:00:00

FHM Humayan KabirThe World Bank has offered US$140 million for three special economic zones (SEZs) that the government plans to build in Dhaka, Comilla and Chittagong in an effort to woo foreign investment. Finance ministry officials said a delegation of...

EBL unveils product for NRB investors

2010-12-13 00:00:00

FE ReportEastern Bank Ltd. (EBL) launched 'Swadesh Biniyog', a solution for Non-Resident Bangladeshis (NRBs) who are willing to invest in capital market of Bangladesh, at a city hotel Sunday.Managing Director and CEO of EBL Ali Reza Iftekhar inaugurated the solution....

Indian microlenders facing crisis, warns industry

2010-12-13 00:00:00

NEW DELHI, Dec 12 (AFP): India's seven-billion-dollar microfinance industry could be thrown into crisis by a bill that seeks to regulate lending to the poor more tightly, a lobby representing the sector has warned.The legislation, slated to be taken up...

Strengthening indenting assoc stressed

2010-12-13 00:00:00

FE Report The government will get more benefits by strengthening business associations, said Md Ghulam Hossain, secretary, ministry of commerce Sunday. He was speaking at the opening ceremony of a new office of Bangladesh Indenting Agents' Association (BIAA) as chief...

Rapport holds leadership workshop

2010-12-13 00:00:00

Rapport Bangladesh Limited organised a day-long workshop on leadership for banking and financial institutions in Chittagong recently, said a press release. Chairman and Managing Director of Rapport Bangladesh Limited Dr M Mosharraf Hossain conducted the workshop. Twenty senior and mid...

Earning from jute goods export doubles

2010-12-13 00:00:00

Yasir WardadThe country's export earning from jute goods more than doubled in 2009-10 fiscal compared to the previous fiscal, officials said.Jute goods export earning witnessed a 103 per cent jump last fiscal by exporting 577,000 tonnes of goods at above...

IPO diary

2010-12-13 00:00:00

MBL 1st Mutual FundNameMBL 1st Mutual FundNature of the fundClosed-end Mutual Fund of 10 (Ten) years tenureObjectiveThe objective of the Fund is to provide attractive risk adjusted returns to the unit holders by investing the proceeds in the Capital Market...

Tamim steals the show

2010-12-13 00:00:00

CHITTAGONG, Dec12 (Cricinfo): Tamim Iqbal's explosive 95 blew away Zimbabwe on a slow Chittagong pitch on which the visitors had limped to 188 for 6, giving Bangladesh a six-wicket victory and a sixth-consecutive series win over Zimbabwe. On a track...

Ansar, BJMC, DU, Dhaka DSA reach Nat'l Women's H’ball semis

2010-12-13 00:00:00

Bangladesh Ansar, BJMC, Dhaka University (DU) and Dhaka DSA reached the semi-finals of the EXIM Bank 21st National Women's Handball Championship winning their respective quarterfinal matches at the Handball Stadium in the city Sunday, reports UNB.Bangladesh Ansar will face Dhaka...

England target unbeaten Australian tour

2010-12-13 00:00:00

MELBOURNE, Dec 12 (AFP): Wicketkeeper Matt Prior said that England were aiming to go through their Australian tour unbeaten after the tourists ground out a draw in their three-day match with Victoria Sunday.Set 311 runs to win on the final...

Pakistan talented enough to ride out scandal: Ramiz

2010-12-13 00:00:00

LAHORE, Pakistan, Dec 12 (AFP): Former captain Ramiz Raja said Sunday Pakistan have the talent to ride out a spot-fixing scandal engulfing the national game. "For me credibility and integrity are the main issues and there is a need to...

President for making harsh laws against traffic rule violators

2010-12-13 00:00:00

President Zillur Rahman Sunday laid emphasis on amending the existing laws against violation of traffic rules, so that those responsible for road mishaps cannot escape punishment due to weak provisions of the laws, reports BSS."Killers must be tried under stringent...

Delwar urges PM to withdraw her remarks against Khaleda

2010-12-13 00:00:00

BNP secretary general Khandaker Delwar Hossain Sunday urged the Prime Minister to withdraw her 'unparliamentary and untrue' statement against the leader of the opposition for the sake of democracy and keeping the opposition in parliament, report agencies.Mr Khandaker made the...

Govt will develop BUET labs for testing shipbuilding

2010-12-13 00:00:00

FE ReportThe government will develop Bangladesh University of Engineering & Technology (BUET) laboratories in a bid to set up testing laboratories of international standard for shipbuilding industries, commerce minister Faruk Khan said Sunday.The commerce minister said the government will take...

Boundary pillars around city's surrounding rivers next year

2010-12-13 00:00:00

The government will put boundary pillars by demarcating boundaries of the rivers that surround the capital city -- Buriganga, Sitalakhya, Turag and Balu -- by May next year for restoring navigability of the rivers, reports UNB."The tender process for building...

Removal of overhead wires begins in city

2010-12-13 00:00:00

FE ReportGovernment started crackdown on all overhead wires on thoroughfares between Uttara and Shahbagh in the city in a bid to avoid any accident that could occur from these cables on Sunday.Starting from Karwan Bazar area of the capital, the...

PPP in safe migration management stressed

2010-12-13 00:00:00

Speakers at a seminar called for protecting the rights of migrant workers, who are playing a significant role in our national economy and stressed public-private participation (PPP) in safe migration management, reports UNB.BRAC organised the seminar titled 'Public private participation...

Sanofi Pasteur introduces flu vaccine in BD

2010-12-13 00:00:00

FE ReportSanofi Pasteur has introduced flu vaccine Vaxigrip in Bangladesh aiming to prevent the contagious disease caused by the influenza virus which affects the whole body, often leading to death.In a bid to give momentum to public awareness on flu...

Pvt varsities without permanent campuses to face music: Nahid

2010-12-13 00:00:00

Education Minister Nurul Islam Nahid said Sunday the private universities running their academic operations on rented houses would not be allowed to admit new students from September next, reports BSS. The minister said the universities would be barred from admitting...

Chronic diseases rise alarmingly

2010-12-13 00:00:00

FE Report The burden of chronic diseases like diabetes and heart disease are increasing alarmingly in low and middle-income countries and 58 per cent of total deaths in 2008 were caused by chronic diseases, disclosed physicians and experts at a...

Body to review amount of compensation

2010-12-13 00:00:00

FE ReportThe communications ministry has formed a committee to review the compensation money given to the victims of Narsingdi train accident.The three-member committee with the additional secretary as its head will suggest the ministry on how much money to increase...

Entrance of more women into journalism stressed

2010-12-13 00:00:00

FE ReportUS Ambassador James F Moriarty has stressed entrance of more women into the profession of journalism to be in decision-making positions and said women's perspective in news is absent in the country's male-dominated media.He said women's experiences are crucial...

ATN Bangla today

2010-12-13 00:00:00

Monday

2010-12-13 00:00:00

BTVam07:00 Announcement, The Holy Quran, The Holy Tripitak Paath and Programme Outline 07:20 Geet Bitaan07:45 Aamrao Pari08:00 Sakaler Sangbad08:15 Maati-O-Manush08:35 Mukto Aalap08:55 Sangbad Shironam09:00 Docu- Fire Dekha09:10 Docu09:35 Sabar Jonno Shikkha10:00 News10:05 Muktijuddha Pratidin10:30 Protikar11:05 Banglar Lok Gaan11:30 Ranagoner Dinguli12:00...

RMG unrest rocks capital over workers' wage demand

2010-12-13 00:00:00

FE ReportTens of thousands of garment workers Sunday clashed with law enforcers, damaged factories, torched vehicles and blockaded highways over the demand of increased wages as the country's key apparel industrial belts were jolted in greater Dhaka. The mayhem injured...

Five-hour battle in CEPZ leaves three dead, dozens hurt

2010-12-13 00:00:00

Our CorrespondentCHITTAGONG, Dec 12: Clashes between the workers and law enforcers in the Chittagong Export Processing Zone (CEPZ) left three persons dead and over 100 people injured during a five-hour battle in the port city on Sunday.The Bangladesh Export Processing...