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Titas Gas declares 25pc cash, 10pc stock dividends

2010-10-24 00:00:00

FE ReportState-owned Titas Gas Transmission and Distribution Company Ltd (TGTDCL) will lose 10 per cent of its total market share due to transfer of its Brahmanbaria and Ashuganj units to Bakhrabad Gas Systems Limited (BGSL), a top official of the...

Govt distributes CFL bulbs in 39 districts

2010-10-24 00:00:00

FE ReportThe government started distribution of above 5.2 million energy efficient compact florescent lamp (CFL) bulbs in 39 districts Saturday to save approximately 500 megawatt (MW) of electricity. Dhaka Power Distribution Company Limited (DPDC) managing director Md Abdus Sobhan said,...

PM for further democratisation of United Nations

2010-10-24 00:00:00

Prime Minister Sheikh Hasina urged the international community to strengthen its efforts to further democratise the UN for a greater voice of developing countries to realise these noble goals for the common good of humanity, reports UNB.She made the call...

Peace processes in Afghanistan, M-E run into rough weather

2010-10-24 00:00:00

From Fazle RashidNEW YORK, Oct 23: The US brokered peace processes both in Afghanistan and Middle-East have run into rough weather. There is little hope in Kabul that the secret negotiations and exploratory dialogue will bear fruit. And in the...

Increased imports of luxury goods up customs revenue

2010-10-24 00:00:00

FE ReportIncreased imports of luxury goods boosted customs revenue by 19 per cent or Tk 9.54 billion in the first quarter of the current fiscal year after a year of sluggish growth.During July-September period, the revenue board collected Tk 60.15...

BD exports to SA up by 9.5pc last fiscal

2010-10-24 00:00:00

FE ReportBangladesh's export to South Asian nations increased by 9.5 per cent to $420.55 million in the last fiscal year compared to the year before.Data released by state-run Export Promotion Bureau (EPB) showed that merchandise exports to the region rose...

Duminy, de Villiers set up huge SA victory

2010-10-24 00:00:00

BENONI, South Africa, Oct 23 (AFP): JP Duminy and AB de Villiers hit centuries as South Africa's batsmen went on the rampage in the third and final one-day international against Zimbabwe at Willowmoore Park on Friday.South Africa gained a crushing...

Australia seek redemption under rain threat

2010-10-24 00:00:00

"My god I have never seen rain like this before," John Hastings, the Australia allrounder, tweeted Saturday afternoon. "Chances are slim." He was right. It poured for five hours on Friday evening and rained again on Saturday morning, according to...

Muktijoddha reach semis as group champions in Fed Cup Football

2010-10-24 00:00:00

Sudanese striker James Moga struck twice as Muktijoddha Sangsad KC ensured a semifinal berth of the GrameenPhone Federation Cup Football with a 3-0 win over Brothers Union Club in the last group B match at the Bir Shreshtha Shaheed Sepoy...

Asif withdraws ICC suspension appeal

2010-10-24 00:00:00

PARIS, Oct 22 (AFP): The International Cricket Council said Friday that Pakistan's fast bowler Mohammad Asif had withdrawn his challenge to the provisional suspension handed down last month for alleged match-fixing.Teammates Salman Butt and Mohammad Amir have appealed against their...

United aim to build on Rooney contract boost

2010-10-24 00:00:00

STOKE, Oct 23 (AFP): Manchester United's trip to Stoke on Sunday will once again be dominated by Wayne Rooney even though the striker will miss the match with an ankle problem after signing a contract extension.Rooney, 24, has agreed a...

CSR to promote culture of openness, responsibility in business

2010-10-24 00:00:00

FE ReportCorporate Social Responsibility (CSR) has become an important parameter in modern business conduct. It gives stakeholders an opportunity to assess the companies in new ways, and it promotes a culture of openness and responsibility in business. Discussants said this...

CSR to promote culture of openness, responsibility in business

2010-10-24 00:00:00

FE ReportCorporate Social Responsibility (CSR) has become an important parameter in modern business conduct. It gives stakeholders an opportunity to assess the companies in new ways, and it promotes a culture of openness and responsibility in business. Discussants said this...

BRAC Bank introduces first ever Planet Card

2010-10-24 00:00:00

FE ReportBRAC Bank Saturday introduced a card that helps making the planet greener.The Planet Card, first ever in Bangladesh was unveiled at a press conference in the city by Dr. Mahabub Hossain, Executive Director of BRAC and Mr. Syed Mahbubur...

Nasiruddin made SCB chairman

2010-10-24 00:00:00

Nasiruddin Ahmed Chowdhury, a member of Shippers' Council of Bangladesh (SCB), has been elected chairman of SCB for the remaining period of the term 2010-11.Earlier, he was co-opted as a director of SCB in a board of directors meeting of...

BB governor urges banks to come forward for agri sector dev

2010-10-24 00:00:00

Bangladesh Bank (BB) Governor Dr Atiur Rahman Saturday called upon all banks operating in the country to extend their hands of cooperation for the development of agriculture sector to build a sustainable economy, reports UNB."Those working for the agricultural revolution...

Agora committed to quality services

2010-10-24 00:00:00

FR ReportAgora, country's leading and first chain superstore is committed to providing its millions of customers across the country with fresh and healthy food, particularly Anthrax-free meat.M Nizam Chowdhury, head of Procurement, Agora, said this while briefing newsmen at Kamrul...

IIBL holds 34th Shariah Council meeting

2010-10-24 00:00:00

FE Report The 34h meeting of the Shariah Council of Islami Insurance Bangladesh Limited (IIBL) was held at its head office in the city recently, said a press release. Chaired by IIBL Shariah Council Chairman Principal Kamaluddin Jafri, the meeting...

Sadakalo eyes overseas market

2010-10-24 00:00:00

FE ReportSadakalo, a leading fashion boutique of the country, eyes overseas market and setting up of new outlets outside the capital in a major expansion plan to cater to the need of fashion lovers. "We are negotiating with several countries...

IPO diary

2010-10-24 00:00:00

Nature of BusinessThe principal activities and operations of the Company are manufacturing and marketing of PP woven bags and liner.Subscription OpenOctober 24, 2010Subscription CloseOctober 28, 2010For Non-Resident BangladeshiOctober 24, 2010 to November 06, 2010Use of IPO ProceedsNet proceeds from the...

BNP for street movement

2010-10-24 00:00:00

BNP has urged the people to resist the government for stripping them of their fundamental rights, reports bdnews24.com.Secretary General of the party Khandaker Delwar Hossain slammed the Awami League (AL) government for deceiving the people by declaring 'false election pledges'.Delwar...

Kuwait lobbies Dhaka to export oil by old vessels

2010-10-24 00:00:00

FE ReportKuwait is lobbying hard to continue supplying fuel to Bangladesh with older vessels, imperiling Bangladesh's maritime safety, officials have said.Top officials of Kuwait Petroleum Corporation (KPC) recently met with Director General of Shipping in Bangladesh and some government high-ups...

Land stations to be upgraded to facilitate bilateral trade

2010-10-24 00:00:00

FE ReportThe land customs stations (LCSs) along the India-Bangladesh frontier lack various infrastructural facilities, raising cost of business of the traders of both the countries, a recent joint meeting observed.The meeting was held in Shillong, Meghalaya of India, where the...

Tax benefit for farmers' deposits planned

2010-10-24 00:00:00

FE ReportThe government has planned to offer tax benefits to nearly nine million farmers who have opened bank accounts to receive state subsidies.As per existing rules, bank account holders require paying excise on having a certain amount of balance determined...

Teachers urged to work for countering terrorism

2010-10-24 00:00:00

Home Minister Advocate Sahara Khatun Saturday urged the teachers community to play a vital role in countering terrorism by making the students aware of the adverse affects of violence and militancy, reports BSS.She made the call while speaking at a...

Hanif blames BNP for Rupganj clash

2010-10-24 00:00:00

NARAYANGANJ, Oct 23 (bdnews24.com): Awami League (AL) Joint General Secretary Mahbubul Alam Hanif has blamed BNP Chairperson Khaleda Zia for the Rupganj incident.Over 50 people were injured, 10 by gunshot, when the police opened fire on demonstrators as they protesting...

Weather

2010-10-24 00:00:00

Light to moderate rain or thundershowers accompanied by temporary gusty or squally wind is likely to occur at many places over Dhaka, Rajshahi, Barishal, Chittagong and Sylhet divisions and at a few places over Khulna division today (Sunday).Weather may remain...

JUJA gets new executives

2010-10-24 00:00:00

JAHANGIRNAGAR UNIVERSITY, Oct 23 (UNB): Polash Mahmud of the daily Inqilab and Sayed Junaed of the Bangladesh Sangbad Sangstha (BSS) have been elected president and general secretary respectively of Jahangirnagar University Journalists' Association (JUJA). Election to the JUJA executive committee...

Role of community radio stations highlighted

2010-10-24 00:00:00

FE ReportBroadcasting of Community Radio Stations (CRS) would be pivotal in bringing about changes in power relations between the community people and the government and that would help bring together the components of culture, communication and development at local level,...

Water-logging, traffic snarl hit Mirpur furniture mkt

2010-10-24 00:00:00

FE ReportFurniture manufacturers at Mirpur area have sought government support for bank loans and other infrastructure facilities to give the industry a further boost."Mirpur furniture market has 150-200 showrooms. But it has been suffering from water logging for years," Abdul...