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IMF chief desires next WB, Fund heads from outside US, Europe

2010-12-04 00:00:00

NEW DELHI, Dec 3 (PTI): IMF Managing Director Dominique Strauss- Kahn yesterday said he favoured new heads of the World Bank and the Fund to be from countries other than Europe and the US. This comes in the backdrop of...

Integrated green economy system to handle adverse climate change impact stressed

2010-12-04 00:00:00

Considering the country's extreme vulnerability to the effects of climate change, an integrated green economy system needs to be introduced to cope with the challenge."Although the developed countries are highly responsible for increasing global warming, the developing countries will have...

Govt mulls framing law to stop terrorist activities in hartal

2010-12-04 00:00:00

MADARIPUR, Dec 3 (BSS): The government is contemplating framing of a new law to stop terrorist activities during hartal, Shipping Minister Shajahan Khan said here Friday."Calling hartal is a democratic right. But none can support ransacking of vehicles as well...

BNP to face political death if sides with war criminals: Nasim

2010-12-04 00:00:00

Awami League (AL) central leader and former home minister Mohammad Nasim Friday said BNP would have to face political death if it sided with the war criminals and 'razakars', reports BSS. "Don't try to foil the process of war criminals'...

Minister reiterates Padma Bridge's completion on time

2010-12-04 00:00:00

Communications Minister Syed Abul Hossain Friday said there is no doubt about completion of the construction of long-cherished Padma Multi-purpose Bridge on time as the donors have so far pledged Tk 185 billion (18,500 crore) for it out of the...

50 BD children drown every day

2010-12-04 00:00:00

Leading global experts on child drowning will sit together in the city today (Saturday) for a three-day congress to discuss and develop strategies to reduce the horrific toll of child drowning in Asia, reports BSS. Drowning is the largest killer...

Food security 'not possible without scientific methods'

2010-12-04 00:00:00

Achieving food security is not possible without adaptation of scientific and technological methods in producing agricultural products, said Agricultural Minister Motia Chowdhury at a conference. She, said "There is no alternative to increasing our food production to feed the large...

DU 'Gha' unit admission test held

2010-12-04 00:00:00

Admission test for the first year honours courses under 'Gha' unit (transfer group) of Dhaka University (DU) for the academic session 2010-11 was held Friday.DU Vice-Chancellor Prof AAMS Arefin Siddique, Pro VC Prof Harun-or-Rashid, Treasurer Prof Mijanur Rahman, Dean of...

LGED holds PEDP-II review meeting

2010-12-04 00:00:00

Secretary for the Ministry of Primary and Mass Education AKM Abdul Awal Majumdar said the engineers of Local Government Engineering Department (LGED) should show their efficiency in their works at every stage of development programmes by ensuring skill, transparency and...

Thrust on political stability for a better Asia

2010-12-04 00:00:00

Khandaker Mosharraf Hossain, member of the standing committee of Bangladesh national party emphasised on political stability for achieving sustainable economic development and a better tomorrow for Asian countries-according to press release.He said without sincere cooperation of Asian leaders achieving stability...

Death anniversary

2010-12-04 00:00:00

The 39th death anniversary of Shahid Bir Protik Abdullah Hil Baqui will be held today (Saturday), says a press release. He embraced martyrdom in 1971 in face-to-face encounter with Pakistani occupation forces. He was a Unit Commander of Baqui Unit...

Bangladesh smartly done it outplaying Zimbabwe

2010-12-04 00:00:00

Bangladesh captain cum all rounder Shakib Al Hasan displayed his brilliance in spin bowling taking four wickets for 39 runs in nine overs. Pacer Shafiul Islam also bowled magnificently maintaining line and length to take one wicket for 28 runs...

Anderson bowls England into powerful position

2010-12-04 00:00:00

James Anderson reduced Australia to their worst start to a Test innings in 60 years and despite a stirring fightback from Michael Hussey, England remained well on top after the opening day in Adelaide, according to website cricinfo. Few venues...

Afridi wants Akmal, Malik in Pak team

2010-12-04 00:00:00

ISLAMABAD, DEC 3 (AP): Pakistan limited-overs captain Shahid Afridi wishes senior players Shoaib Malik and wicketkeeper Kamran Akmal were in the team for the tour of New Zealand. The selectors have ignored Malik and Akmal for next month's three Twenty20s...

Russia will host World Cup in 2018, Qatar in 2022

2010-12-04 00:00:00

ZURICH, Dec 3 (AP): Picture football fans partying where tanks and missiles paraded on Red Square in the Cold War's darkest days. Imagine high-tech air-conditioned stadiums chilled so players and spectators don't keel over in the sweltering desert heat of...

Tata-Nitol to set up country's 1st truck plant in Kishoreganj

2010-12-04 00:00:00

Bangladesh, which only has experience in assembling automobiles, will soon turn into an automobile manufacturing country that will pave way for exporting 'Made in Bangladesh' trucks to the global market for the first time, reports UNB. Nitol-Niloy Group of Bangladesh...

Flour, onion, edible oil prices increase in city markets

2010-12-04 00:00:00

Prices of flour, onion and edible oil shot up while that of garlic and ginger declined in the city's kitchen markets Friday.Even after fixation of price of loose edible oil by the government, there is no sign of cooling down...

Progoti Industries starts assembling Pajero

2010-12-04 00:00:00

CHITTAGONG, Dec 3 (BSS): Progoti Industries Limited (PIL), the lone state-run automobiles assembling industry of the country, has started assembling Mitsubishi's most modern Pajero jeep in Bangladesh.PIL has already completed assembling of two jeeps in its own plant, Chittagong on...

Corruption derives from govt interference in SCBs: speakers

2010-12-04 00:00:00

CHITTAGONG, Dec 3: Speakers at a workshop on accessing industrial credit have suggested running the state-owned commercial banks (SCBs) without any political interference and leave the power with branches of SCBs to take decisions on selecting the projects for granting...

Daffodil Computers declares 10pc stock dividend

2010-12-04 00:00:00

Daffodil Computers Limited, a leading computer company providing total IT solution in Bangladesh, approved 10 per cent stock dividend for the year 2009-10 at its 13th annual general meeting (AGM) in the city Thursday.Chairman of the company Shahana Khan presided...

ICB AMCL discloses NAV of different mutual funds

2010-12-04 00:00:00

The total Net Asset Values (NAV) of different mutual funds managed by the ICB Asset Management Company Limited (AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), at the close of business operation on November 23, 2010, according to a...

SEBL Foundation's course on training of teachers begins today

2010-12-04 00:00:00

Southeast Bank Limited (SEBL) Foundation launches a month-long English course on "Training of Teachers and Learners (TOTAL)" for the English teachers of selected rural schools of the country. The course will begin today (Saturday) and it will conclude December 30,...

ICMAB seminar held in Chittagong

2010-12-04 00:00:00

CHITTAGONG, Dec 3: The Institute of Cost and Management Accountants of Bangladesh (ICMAB) organised a seminar today on "Capital Market- Bangladesh Perspective" at Hotel Peninsula in the city.Industries minister Dilip Barua addressed the seminar as the chief guest while Abu...

Showroom of Al-Hajj Trade Int'l opens

2010-12-04 00:00:00

Al-Hajj Trade International, a dealer of X Ceramics Limited, has recently opened its second showroom at Kuril Tiles Market, Bashundhara, in the city, according to a press release.X Ceramics Limited is an Italian joint venture company manufacturing tiles items in...

Sheltech to hold winter housing fair from December 23

2010-12-03 00:00:00

FE ReportSheltech, a leading real estate and housing company, is going to organise a four-day-long winter fair from December 23 at its corporate office at West Panthapath in the city.Sheltech Managing Director Toufiq M Seraj told the FE, "We are...

Dr Yunus faces loan default charges

2010-12-03 00:00:00

Sirajganj, Dec 2 (bdnews24.com): Nobel Laureate Dr Muhammad Yunus has been legally charged for not paying off about Tk 40 million loan in due time. Sadequl Islam, manager of the Social Islami Bank's Sirajganj district branch, filed the case with...

IMF says successor should be from outside US, Europe

2010-12-03 00:00:00

NEW DELHI, Dec 2 (AFP): The tradition that an American heads the World Bank and a European leads the International Monetary Fund should end as the global economy has been transformed, the head of IMF said Thursday.Dominique Strauss-Kahn, speaking in...

Markets brace for ECB guidance on debt crisis

2010-12-03 00:00:00

FRANKFURT, Dec 2 (AFP): The European Central Bank kept its main interest rate at a record low of 1.0 per cent Thursday as markets awaited news on whether the ECB would amplify its monetary stimulus measures.Investors sought signs from central...

New DMD of National Bank

2010-12-03 00:00:00

FE ReportASM Bulbul has recently joined National Bank Limited as its new Deputy Managing Director (DMD), according to a press release.Prior to joining the new post, he was senior executive vice president and head of Credit Division of Mercantile Bank...

Govt to execute big projects with supplier's credit

2010-12-03 00:00:00

FE ReportThe government has decided to take supplier's credit for implementing development projects as the planning commission asked the ministries to prepare list of projects to be implemented by hard-loan, officials said.Planning ministry officials said the commission at a meeting...