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Sedition case against Fakhrul

2010-09-28 00:00:00

TANGAIL, Sept 27 (bdnews24.com): A sedition and defamation case has been filed against Jama'at-e-Islami leader Delwar Hossain Saydee's lawyer Fakhrul Islam with a Tangail court for making untoward comments regarding the country's liberation war. Md Fazlul Haque, a freedom fighter...

New CJ to take oath Thursday

2010-09-28 00:00:00

Justice ABM Khairul Haque will be sworn in as the new Chief Justice (CJ) of the country with President M Zillur Rahman administering his oath of office at the Bangabhaban Thursday (September 30), reports BSS. The President will administer the...

Money alone won't bring expatriates success in nat'l polls: PM

2010-09-28 00:00:00

NEW YORK, Sept 27 (BSS): Prime Minister (PM) Sheikh Hasina Sunday sought increased contribution from expatriate Bangladeshis for the national development but cautioned them from getting involved in election politics overnight saying money alone would not bring them success."One needs...

EC to continue legal fight on Chandpur-1

2010-09-28 00:00:00

The Election Commission (EC) has decided to continue its legal fight challenging the High Court (HC) order that stayed a gazette declaring the Chandpur-1 constituency vacant, reports bdnews24.com. Election Commissioner Sohul Hossian told journalists about the decision after a meeting...

DAB blames govt failure to contain anthrax

2010-09-28 00:00:00

Former health minister Khandaker Mosharraf Hossain has blamed the government for its failure to contain spread of anthrax, reports bdnews24.com. "The disease has spread like an epidemic due to the government's indifference while vaccines were distributed belatedly." Mosharraf was addressing...

BSF reassures BDR to reduce killings along border

2010-09-28 00:00:00

Indian Border Security Force (BSF) chief Raman Srivastava Monday reassured Bangladesh Rifles (BDR) that steps would be taken to minimise incidents of killing along Indo-Bangladesh border, reports UNB."We are trying our best to minimise the problems without loss of lives,"...

Authority 'should not frighten' countrymen about earthquake

2010-09-28 00:00:00

FE ReportAuthority should focus more on earthquake preparedness rather than frightening countrymen. Speakers at a press conference, organised for increasing mass awareness about earthquake preparedness, expressed their concern for lack of awareness among the public Monday.Organised by Bangladesh Red Crescent...

DU admission process goes online

2010-09-28 00:00:00

DU Correspondent Collection and submission of online application forms for the first year honours admission at Dhaka University (DU) under the session 2010-11 began Monday.The process of collection and submission of application forms will continue until October 14. The aspirant...

Bangladesh Betar inks deal with NHK

2010-09-28 00:00:00

Bangladesh Betar entered into a broadcasting agreement with NHK (the Japan Broadcasting Corporation) at the Bangladesh Betar headquarters in the city recently, reports UNB.

ADB, Unicef ink MoU to help MDG implementation

2010-09-28 00:00:00

The Asian Development Bank (ADB) and the United Nations Children's Emergency Fund (UNICEF) have agreed to work together to accelerate the achievement of the Millennium Development Goals (MDGs) in Bangladesh, reports BSS. The two agencies signed a memorandum of understanding...

Physician of Mount Elizabeth Hospital to visit city on Oct 1

2010-09-28 00:00:00

Cardiac Surgeon of Singapore Mount Elizabeth Hospital and Mount Albharnia Hospital Dr Jems Ung Unn is expected to visit Bangladesh on October 1 to raise awareness and give advise about heart disease, reports BSS.He will give treatment to the cardiac...

Govt to offload shares of two BSEC firms by March

2010-09-28 00:00:00

FE ReportThe government will offload shares of two profitable concerns of Bangladesh Steel & Engineering Corporation (BSEC) in the capital market by early next year, industries minister Dilip Barua said."Our plan to complete listing by March next year," he said."The...

Pubali Bank sanctions loan for Reliance Finance

2010-09-28 00:00:00

FE ReportA term loan agreement for Tk. 100 million was signed between Pubali Bank Limited (PBL) and Reliance Finance Limited at Pubali Bank Head Office recently. Md. Mosharraf Hossain, General Manager, Principal Branch of Pubali Bank Ltd. & Proshanta K....

‘Bhutan an ideal investment destination for B’deshi investors’

2010-09-28 00:00:00

FE ReportBhutanese government will provide all possible cooperation to Bangladeshi businessmen to invest in the land-locked neighbouring country, said a top Bhutanese official in Dhaka Monday.It is now organising "Bhutan Investment Roadshow" to inform foreign investors about the country's newly...

ICB AMCL announces NAV of ten mutual funds

2010-09-28 00:00:00

ICB Asset Management Company Ltd (ICB AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), has announced Net Asset Value (NAV) of its ten mutual funds recently, according to DSE website.NAV of Phoenix Finance 1st Mutual Fund stood at Tk...

Parliament to pass Expatriate Welfare Bill this session

2010-09-28 00:00:00

FE ReportThe parliament is expected to pass the Expatriate Welfare Bank Bill, 2010 in the current session to pave the way for helping expatriates financially, said chairman of the standing committee on finance AHM Mostafa Kamal Monday.The committee discussed the...

Trading of Green Delta MF from today

2010-09-28 00:00:00

Trading of the units of Green Delta Mutual Fund will start at DSE with effect from today (Tuesday). DSE Trading Code for the fund is 'GREENDELMF' and DSE company code is 12179. Meanwhile, SEC has accorded its consent to the...

Exports in Aug surge 31.25pc

2010-09-28 00:00:00

FE ReportThe country's exports in August surged 31.25 per cent to US$ 1.79 billion from a year earlier, led by strong demand for the country's readymade garments, government statistics showed.Earning from knit textiles in July-August, the first two months of...

Metal stocks lead early gains

2010-09-28 00:00:00

MUMBAI, Sept 27 (PTI): Shares of major metal companies rose by as much as 3 per cent in morning trade on the Bombay Stock Exchange (BSE) today, driven by speculation of a price hike during the peak festival season. The...

IPO diary

2010-09-28 00:00:00

NameIFIL Islamic Mutual Fund-1Nature of the fundClose-end Mutual Fund of 10 (Ten) years tenureObjectiveThe objective of the Fund is to provide attractive dividend to the unit holders by investing the proceeds in the Capital Market and Money Market.Subscription OpenSeptember 26,...

News in brief

2010-09-28 00:00:00

23 arrested, phensidyl seized in JoypurhatPolice in separate anti- crimes drives arrested 23 persons on various charges from different places of five upazilas of the district during the last 48 hours till this morning.Police sources said the arrested persons were...

HC stays SEC order on margin loan calculation

2010-09-28 00:00:00

FE ReportThe High Court (HC) stayed Monday the SEC's recent directive on the NAV-based margin loan calculation and suspension of netting facilities for non-marginable securities for a period of three months.A HC bench, comprising Justice Mamnoon Rahman and Justice Syeda...

Govt set to impose fees for Nepal-Bangla road transit

2010-09-28 00:00:00

Doulot Akter MalaThe government is set to charge a fee for using the country's road as traffic-in-transit under the operating modalities for the carriage of transit cargo between Bangladesh and Nepal.The core group of connectivity issues at a recent meeting...

Govt mulls setting up of NRB Bank, says PM

2010-09-28 00:00:00

NEW YORK, Sept 26 (UNB): Prime Minister Sheikh Hasina said the government is actively considering establishment of a Non-Resident Bangladeshi (NRB) Bank to create safe opportunity for the expatriates to invest their hard-earned money. She said this while addressing a...

Sale of diamond jewellery jumps fivefold in two yrs

2010-09-28 00:00:00

Sonia H MoniSale of diamond jewellery jumped fivefold in the last two years in the country, thanks to skyrocketing gold price, change of people's taste and fast emergence an affluent class that considers wearing expensive gemstone as a symbol of...

AL not involved in Pabna incidents, says HT Imam

2010-09-28 00:00:00

PABNA, Sept 27 (UNB): Prime Minister's Adviser for Administration and Establishment H T Imam has flatly denied involvement of ruling Awami League (AL) in frustrating the test for recruitment of lower grade employees on September 17 when office was vandalised...

Dhaka stocks gain sharply

2010-09-28 00:00:00

FE ReportDhaka stocks gained sharply moving up one per cent Monday with the benchmark index crossing 7000-mark for the first time.News of a writ petition filed by two investors challenging securities regulator's recent directive on net asset value (NAV)-based credit...

Dhaka to set up embassy/consulate in 10 countries

2010-09-28 00:00:00

Bangladesh will set up full-fledged embassies/ consulate offices in 10 countries during the current fiscal. Answering a question State Minister for Forest and Environment Dr Hasan Mahmud said Prime Minister Sheikh Hasina has given approval in principle to set up...

Why not tinker if it produces results?

2010-09-28 00:00:00

Mahmudur RahmanThe bureaucracy established by the British may be a pleasant repast for those cynically inclined towards power but it is not of any humour to the general public. The Prime Minister herself was frustrated enough by red tape-ism to...

Sufferings of travelling public continue to mount

2010-09-28 00:00:00

FE ReportSufferings of the travelling public continue to mount following closure of CNG filling stations for six hours daily since early last month. The filling station owners said on Monday that they would sit next Saturday in Dhaka to take...