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Arrest of Mithu's killers demanded

2010-05-11 00:00:00

FE ReportJournalists Monday demanded immediate arrest of the killers of ATN Bangla senior cameraman, whose body was recovered from the bank of river Turag in the capital Sunday morning.They formed a human chain in front of the National Press Club...

Police constable suspended for eve-teasing

2010-05-11 00:00:00

GOPALGANJ, May 10 (UNB): A police constable has landed into trouble for allegedly teasing a college girl in the town.Constable Quaiyum was given a mass beating by the students in front of Bangabandhu University College before handing him over to...

DSE proposes 3.0pc capital gain tax on banks, NBFIs

2010-05-11 00:00:00

Doulot Akter MalaDhaka Stock Exchange (DSE) Monday proposed the government to impose 3.0 per cent tax on capital gains of banks, insurance companies and non-banking financial institutions (NBFIs) but not to levy anything on small investors.It has also proposed to...

DSE hits new record in turnover following decision on face value

2010-05-11 00:00:00

FE ReportThe Dhaka Stock Exchange (DSE) hit a new record in turnover Monday, crossing Tk 18.0 billion-mark, as the investors switched from one stock to another, after the finance ministry okayed the conversion of face value, dealers said.But share prices...

RMG workers put up road barricade for unpaid wages

2010-05-11 00:00:00

FE ReportThousands of garment workers Monday blockaded Dhaka-Sylhet Highway for more than two hours demanding arrear wages and other financial benefits that caused immense sufferings to road users.Witnesses said nearly 4,000 workers of Antim Knitting, Dyeing and Antim Composite set...

Economy likely to grow by nearly 6.0pc: MCCI

2010-05-11 00:00:00

FE ReportThe Metropolitan Chamber has forecast that the country's GDP (gross domestic product) is likely to grow nearly by the projected 6.0 per cent in the current fiscal year (FY), driven by favourable service sector growth, stable domestic financial market...

SEC needs to be satisfied with companies' files

2010-05-11 00:00:00

FE ReportThe companies willing to split the face value of their stocks from Tk. 100 to Tk. 10 will get the regulator's nod upon examination of their track record, a member of the Securities and Exchange Commission (SEC) said. The...

Power supply starts faltering again

2010-05-11 00:00:00

FE ReportThe country's power supply situation has turned worse again Monday amid tripping of several large power plants a day after resumption of gas supply to a fertiliser factory, officials said Monday.All the 43 operational power plants across the country...

CPA starts cargo handling under own management

2010-05-11 00:00:00

Sheikh Shahariar Zaman and Pankaj DastidarThe Chittagong Port Authority (CPA) has suspended the activities of operators at 12 berths and started cargo handling under its own management.The decision became effective from today (Tuesday).The CPA move came as a group of...

Khaleda whitened her 'undeclared legal money': BNP

2010-05-11 00:00:00

Once again rejecting the ruling Awami League's allegations, the opposition BNP Monday said the party chairperson and former Prime Minister Khaleda Zia whitened her 'undeclared legally earned money', and it did not include a single unit of 'black' money in...

Maj Gen Rafiq joins BDR as new DG

2010-05-11 00:00:00

Major General Md Rafiqul Islam joined Bangladesh Rifles (BDR) as its new director general Sunday. He took over from outgoing DG Maj Gen Mainul Islam, says an official release Monday. Deputy DG, directors and senior officers of BDR welcomed Maj...

Five killed in road crash in Laxmipur, Naogaon

2010-05-11 00:00:00

Five people were killed and 59 others injured in two road accidents in Laxmipur and Naogaon Monday. In Laxmipur, the driver of a Ramgati-bound bus lost control over the steering, and the vehicle plunged into a ditch at 6am, leaving...

CIC given state minister status

2010-05-11 00:00:00

Chief Information Commissioner (CIC) Muhammad Zamir has been given the rank and status of a state minister. A PID handout Monday said the CIC will draw the salary and be accorded all the facilities available to a state minister. —...

BB to raise number of banks, FIs in IPFF re-financing scheme

2010-05-11 00:00:00

FE ReportThe central bank will strengthen its re-financing facility with US$250 million disbursement target for infrastructure development in six key sectors including power through increasing the number of participating commercial banks and financial institutions.The Bangladesh Bank (BB) has taken the...

Govt should allow weavers to import yarn thru' Benapole: BTMA

2010-05-11 00:00:00

FE ReportTextile mill owners, who earlier opposed import of yarn from India Monday softened their tones, saying the government could allow weavers to import yarn through Benapole land port under bonded license system. "Weavers may be allowed to import yarn...

BCL factions clash at JnU, 20 hurt

2010-05-11 00:00:00

FE ReportAt least 20 persons including a female teacher and some female students were injured during a clash between two groups of Bangladesh Chhatra League (BCL) at the Jagannath University Monday over establishing supremacy at the campus.Witnesses said the campus...

Sugar refiners for undoing 'delivery order' system

2010-05-11 00:00:00

Fazlur RahmanSugar refiners Monday urged the government to take steps against the 'controversial' delivery order (DO) system as the device allows price manipulation in the market.The demand was raised at a meeting between a delegation of Bangladesh Sugar Refiners Association...

River transport strike continues for 3rd day

2010-05-11 00:00:00

FE ReportThe police arrested the chief of the striking water vessel crews and masters in an apparent move to stem disruption of waterway communications, as the countrywide strike enforced since Friday midnight demanding more than 300 per cent wage hike...

Aquino takes a big lead

2010-05-11 00:00:00

MANILA, May 10 (AFP): Senator Benigno Aquino has taken a huge lead in the race for the Philippine presidency, securing more than 40 per cent of total votes counted, the election commission said Monday.Former president Joseph Estrada was in second...

$1.0t aid package for Eurozone nations

2010-05-11 00:00:00

From Fazle RashidNEW YORK, April 10: Fearing indecisiveness and reluctance could plunge the global economy into another tearing recession European leaders announced an aid package of $1.0 trillion to help struggling eurozone nations to confront the debt crisis that has...

Iran warns of expelling foreign firms for delay in gas exploration

2010-05-10 00:00:00

TEHRAN, May 9 (AFP): Oil Minister Masoud Mirkazemi threatened yesterday that Iran would kick out foreign firms for delaying the development of its massive South Pars gas field and replace them with domestic companies. Mirkazemi did not name any foreign...

World debt crisis looms behind Greek mess

2010-05-10 00:00:00

PARIS, May 9 (AFP): With Europe locked in Greece-linked market mayhem, influential economists are now warning that a wider crisis of rising debts and ageing populations in advanced economies could be in store. And it is not just Greece and...

Four software companies from Bangladesh to take part

2010-05-10 00:00:00

FE ReportFour software companies from Bangladesh are set to take part in the upcoming Software Development Expo (SODEC) to be held in Japan from this week.Leading Software companies including LeadSoft, BITS Solutions Limited, Aprosoft Consulting and Training Corp and US...

Prime Bank Foundation Training Course Concludes

2010-05-10 00:00:00

Prime Banking Training & Development Center successfully completed the 43rd Foundation Training Course for Management Trainees recently. The former Chairman & Director of the Bank Qazi Saleemul Huq was present as the chief guest and distributed certificates among 27 Management...

New BB EDs

2010-05-10 00:00:00

FE ReportMr. S.K. Sur Chowdhury and Mr Sudhir Chandra Das have been promoted as Executive Directors of Bangladesh Bank.Prior to this, Mr Chowdhury was the General Manager of the Department of Off-site Supervision of the central bank, said a press...

Shahjalal Islami Bank AGM approves 25pc stock dividend

2010-05-10 00:00:00

The ninth annual general meeting (AGM) of Shahjalal Islami Bank Limited has approved 25 per cent stock dividend for the year that ended on December 31, '09.The AGM was held in the city Sunday, said a press release. The ninth...

ICB Islamic Bank holds Performance Award ceremony

2010-05-10 00:00:00

ICB Islamic Bank held its Performance Award ceremony recently. The ceremony took place at the bank's Head Office. The award was distributed based on the performances of the employees in 2009 and first quarter of 2010. The nominees and winners...

BGFFMEA demands imposition of flat duty on imported fabrics

2010-05-10 00:00:00

FE ReportBangladesh Grey and Finished Fabric Mills and Exporters' Association (BGFFMEA) has demanded imposition of specific duty on imported fabrics with a view to protecting the local industry.They have proposed imposition of $ 4.0 duty on imported suiting and $5.0...

ILFSL recommends 75pc stock dividend

2010-05-10 00:00:00

The Board of Directors of International Leasing and Financial Services Limited (ILFSL) has recommended 75% stock dividend for the year 2009. This was declared in its 102nd meeting held recently. The meeting was apprised that the company has achieved a...

FedEx officials arrive in city

2010-05-10 00:00:00

Mr Maher Hasbini, managing director of FedEx Express, Middle East, Indian Subcontinent and Africa, GSP Operations, Planning and Development, along with four senior officials arrived in the city Sunday from Dubai, said a press release. The team will be in...