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Islami Bank to give 2-yr scholarship to 200 students

2010-07-16 00:00:00

Islami Bank will award two-year education scholarship to 200 poor, destitute, helpless and disabled students who achieved GPA 5 in the SSC and equivalent examinations this year.It was disclosed at the reception programme by Islami Bank Bangladesh Limited (IBBL) for...

Asian banks emerged relatively unscathed from global crisis

2010-07-16 00:00:00

NEW DELHI, July 15 (Economic Times): What is the secret behind the relatively robust health of Asian banks? The conventional view of the transformation of the banking system since the Asian crisis is that in the decade since the crisis,...

China to keep managed floating exchange rate regime

2010-07-16 00:00:00

BEIJING, July 15 (AFP): China will maintain a managed floating yuan exchange rate regime, the country's central bank said Thursday, asserting that such a policy was in the nation's long-term interests."The regime is essential for economic restructuring and the optimisation...

Fairfield pulls IPO, cites market conditions

2010-07-16 00:00:00

LONDON, July 15 (Reuters); British oil and gas firm Fairfield Energy has shelved plans for a 500-million-dollar stock market listing, the company said Thursday, after weak markets spooked potential investors."In the light of market conditions, (Fairfield) has decided against proceeding...

New GM of Sonali Bank

2010-07-16 00:00:00

FE ReportMr Naresh Chandra Mondol has been promoted to General Manager (GM) of Sonali Bank Ltd, country's largest state-owned bank.His promotion will be effective on retrospective basis from the year 2003-04.Mr Mondol joined the Sonali Bank in 1973 as probationary...

Gulf oil well test back on as BP fixes leaking

2010-07-16 00:00:00

LONDON, July 15(BBC): BP has fixed a leak on the cap on the leaking Gulf of Mexico oil well, which delayed a crucial test. The oil giant needs to shut all the valves on the new cap in order to...

Nepali gov't brings out hydropower plan

2010-07-16 00:00:00

KATHMANDU, July 15 (Xinhua): The Nepali government has brought out an ambitious report showing the possibility of generating 36,628 MW hydroelectricity in the country within the next 20 years. According to Thursday's Republica, the report includes a proposal to generate...

Myanmar sets high export target of teak in 2010-11

2010-07-16 00:00:00

YANGON, July 15 (Xinhua): Myanmar has targeted to export over 20,000 tons of teak in the present fiscal year 2010- 11 despite a sharp drop in the export in the last fiscal year of 2009-10, the local Popular News reported...

Singapore needs 100,000 workers as economy sizzles

2010-07-16 00:00:00

SINGAPORE, July 15 (AFP): Singapore will need 100,000 new foreign workers this year to keep on track an economy enjoying a stunning rebound, Prime Minister Lee Hsien Loong said in remarks published today. Rich but worker-starved Singapore has historically rolled...

New strike hits Honda parts supplier in China

2010-07-16 00:00:00

FOSHAN, July 15(Reuters): A strike has broken out at a south China factory supplying parts for Japan's Honda Motor, the latest in a string of stoppages by Chinese workers demanding a bigger piece of the country's economic wealth. The strike,...

Chowdhury Alam's missing still remains mysterious

2010-07-16 00:00:00

Police is yet to unearth the mystery of reported missing of DCC ward councillor and BNP leader Chowdhury Alam, reports UNB.According to Alam's family, members of the law enforcing agency arrested him from city's Indira Road (Garments Goli) while he...

Mojaheed remanded for three days, Kamar - Quader for five

2010-07-16 00:00:00

A Dhaka court has granted the police three days to grill Jama'at-e-Islami Secretary General Ali Ahsan Mohammad Mojaheed in a 1971 genocide case, reports bdnews24.com. Refusing a 10-day remand plea, magistrate Rokhsana Begum Happy of the Dhaka Chief Metropolitan Magistrate's...

President greets PM for taking initiatives to build hospital

2010-07-16 00:00:00

President M Zillur Rahman Thursday congratulated Prime Minister (PM) Sheikh Hasina for taking initiatives to build an international standard hospital and nursing institute on 20-bigha of Awami Foundation at Nabinagar in Savar, reports BSS. In a letter to the PM,...

Bangladesh attached to French values: Ambassador Causeret

2010-07-16 00:00:00

French Ambassador to Bangladesh Charley Causeret said that Bangladesh was strongly attached to the French Revolution values of liberty, equality and fraternity, reports UNB. The Ambassador made the remarks at a reception at his residence Wednesday evening in observance of...

Crimes declined in June, claims DMP commissioner

2010-07-16 00:00:00

FE ReportDhaka Metropolitan Police (DMP) commissioner AKM Shahidul Haq Thursday claimed that criminal activities declined in June this year compared to the previous month as they showed zero tolerance in tackling crimes.The DMP commissioner expressing satisfaction over the city's law...

Mahmudur Rahman denied bail in ACC case

2010-07-16 00:00:00

A Dhaka court Thursday rejected the bail application of Mahmudur Rahman, the detained acting editor of the newspaper 'Amar Desh', in relation to a case filed by the Anti-corruption Commission for failing to provide a wealth statement, reports bdnews24.com. Two...

Mobin sent to jail

2010-07-16 00:00:00

A Dhaka court Wednesday sent BNP Vice-president Shamsher Mobin Chowdhury to jail after one-day remand in a case for killing a man in a pre-hartal violence, reports bdnews24.com. The third additional chief metropolitan magistrate Mohammad Ali Hossain gave the order...

City Jamaat Ameer, former lawmaker Mia Golam Parwar denied bail

2010-07-16 00:00:00

KHULNA, July 15 (UNB): Twenty six leaders and workers of Bangladesh Jamaat-e-Islami, including city Ameer and former lawmaker Mia Golam Parwar, were denied bail by a court here Wednesday.Judge of speedy trial tribunal Mohammad Abu Shamim Azad after a hearing...

Withdrawal of Rangamati Armed Police HQs protested

2010-07-16 00:00:00

RANGAMATI, July 15 (UNB): Withdrawal of the 7th Armed Police Battalion (APBN) headquarters at Barbunia in Longdu Upazila started Wednesday amid vehement protest from the local people.The first batch of about 800 APBN members reached Rangamati truck terminal ghat leaving...

Sayedee's remand hearing on July 18

2010-07-16 00:00:00

Jamaat Nayeb-e-Ameer Delwar Hossain Sayedee accused in the attempt to killing Prof Humayun Azad in 2002 case was produced before the CMM court by CID investigation Officer and sought for 7-day remand, reports UNB.As the defense counsel sought time for...

Siddique lifts Bangladesh to 234

2010-07-16 00:00:00

Junaid Siddique combined with Shakib Al Hasan to help Bangladesh overcome a poor start and post a competitive total against Ireland in Stormont, according to website cricinfo. The hosts, led by their seamers, bowled determinedly in an attempt to build...

Katich grinds Pakistan down

2010-07-16 00:00:00

Simon Katich ground inexorably towards the century that he missed out on in Australia's first innings, as Pakistan's bowlers endured a frustrating third morning of the first Test at Lord's, according to website cricinfo. Despite another day of dank weather,...

FIFA's golden ball, boot and glove

2010-07-16 00:00:00

Iftu Ahmed FIFA's golden ball award is given to the best footballer in each World Cup finals which is drawn up by the FIFA technical committee and the winner is voted by the representative of accredited media.Currently, the golden ball...

MSC crush Ajax SC 8-1

2010-07-16 00:00:00

League leaders Dhaka Mohammedan SC (MSC) made a flying start in the five-team super league of the Green Delta Metropolis Premier Division Hockey crushing Ajax SC by 8-1 goals in the opening match at the Maulana Bhasani National Stadium Thursday,...

England's Heskey retires from Int’l action

2010-07-16 00:00:00

LONDON, July 15 (AFP): Aston Villa striker Emile Heskey has called a halt to his spluttering England career after retiring from international duty on Thursday. Heskey endured a frustrating time at the World Cup after being criticised for his performances...

Ballack puts Lahm in his place over captaincy

2010-07-16 00:00:00

BERLIN, July 15 (AFP): The tussle for the German captaincy took a new turn on Wednesday when regular skipper Michael Ballack took the chance to reassert his own credentials at the expense of the man who did the job at...

Victoria win over Uttar Baridhara

2010-07-16 00:00:00

Victoria SC scraped to a 1-0 win over Uttar Baridhara Club in the lone match of the Bashundhara Metropolis Senior Division Football League at the Bir Shreshtha Shaheed Sepoy Mohammad Mostafa Kamal Stadium in Kamalapur Thursday, reports UNB.Today's (Friday's) match:...

corporate watch

2010-07-16 00:00:00

Alpha Tobacco EGM August 8Trading of the shares of the company will be allowed only in the spot market and block/odd lot transactions will also be settled as per spot settlement cycle from July 18 to July 27. Trading of...

PM expresses satisfaction over HSC results

2010-07-16 00:00:00

Prime Minister Sheikh Hasina expressed satisfaction over the HSC results and its equivalent examinations of 2010, reports UNB.Receiving the results from Education Minister Nurul Islam Nahid at Ganobhaban Thursday, she congratulated the successful examinees and suggested unsuccessful students to be...

Private practice of government physicians may be allowed

2010-07-16 00:00:00

Minister for Health and Family Welfare Dr AFM Ruhal Haque Thursday said the National Health Policy 2010 would be finalised very soon and in the light of that government physicians may be allowed private practice, reports BSS. He said a...