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Iraq parliament opens 3 months after polls

2010-06-15 00:00:00

BAGHDAD, June 14 (AFP): Iraq moved to bolster its shaky democracy Monday with the opening of its second parliament since the US-led ouster of Saddam Hussein in 2003, more than three months after an election stalemate.A rousing rendition of the...

Late Kuyt strike helps sink Denmark

2010-06-15 00:00:00

JOHANNESBURG, June 14 (AFP): The Netherlands got their World Cup campaign off to a winning start Monday with a 2-0 victory over Denmark thanks to an own-goal and a late tap-in from Liverpool's Dirk Kuyt.The star-studded Dutch are among the...

Germans eye Serbs after Aussies rout

2010-06-15 00:00:00

JOHANNESBURG, June 14 (AFP): Germany captain Philipp Lahm said his side were now focused Friday's opponents Serbia and securing their place in the last 16 after a 4-0 rout of 10-man Australia.A win over the Serbs in Port Elizabeth would...

DPRK eye shock win against Brazil

2010-06-15 00:00:00

JOHANNESBURG, June 14 (AFP): North Korean coach Kim Jong-Hun said Monday he is plotting one of the biggest shocks in World Cup history when his side take on five-time champions Brazil in their opener. The reclusive North Koreans are the...

FIFA rules out vuvuzela red card

2010-06-15 00:00:00

JOHANNESBURG, June 14 (AFP): FIFA Monday ruled out a ban on the vuvuzela horns which have been driving some players and broadcasters mad at the World Cup, as the makers revealed they had designed a toned-down version.After the chairman of...

Frei and Behrami out of Spanish clash

2010-06-15 00:00:00

JOHANNESBURG, June 14 (AFP): Switzerland will be missing key players, captain Alexander Frei and midfielder Valon Behrami, for their World Cup opening match against European champions Spain, Swiss coach Ottmar Hitzfeld announced Monday.Hitzfeld - who has been in the post...

Britain's Princes William, Harry on southern Africa visit

2010-06-15 00:00:00

LONDON, June 14 (AFP): Britain's Princes William and Harry began a six-day joint tour of southern Africa Monday, which will see the brothers combine the football World Cup with charity and conservation visits.William, 27, and Harry, 25, second and third...

‘Look and learn from Messi’

2010-06-15 00:00:00

GEORGE, June 14 (AFP): Former Japan coach Philippe Troussier has urged the Blue Samurai to look at Argentine star striker Lionel Messi and stop whining about their physical size at the World Cup."It is not basketball we are talking about...

Portugal, Ivory Coast set for key clash

2010-06-15 00:00:00

PORT ELIZABETH, South Africa, June 14 (AFP): Two of the world's finest footballers were set to grace the World Cup stage here Tuesday as Portugal open their campaign against top African hopes Ivory Coast.Cristiano Ronaldo and Didier Drogba will be...

Tax proposals to hinder capital market growth

2010-06-15 00:00:00

FE ReportChittagong Stock Exchange (CSE) has opposed some of the budget proposals, saying proposed tax at source on brokerage commissions and capital gain tax on institutional investors would hold back the growth of the market."The proposals will affect the market...

MTB inaugurates first solar energy driven bank branch in Pabna

2010-06-15 00:00:00

Mutual Trust Bank Ltd (MTB) has opened the country's first ever solar energy driven SME/Agri branch at Ishwardi in Pabna Monday, said a press release. MTB Chairman Samson H Chowdhury formally inaugurated the branch at a simple ceremony. MTB Founding...

Citibank seminar on emerging mkts

2010-06-15 00:00:00

Citibank, N.A. Bangladesh organized a two-day seminar on "Emerging Markets - A Changing Paradigm" at Nazimgarh Resorts, Sylhet recently, said a press release. The seminar was attended by senior finance executives of leading local and multinational companies. It was aimed...

‘S Asian countries need preferential mkt access’

2010-06-15 00:00:00

FE ReportSAARC Chamber of Commerce and Industry president Annisul Huq has requested China to strengthen its bilateral trade and economic cooperation with the countries of South Asia."The South Asian countries need preferential market access to the vast Chinese market," he...

United Airways lottery today

2010-06-15 00:00:00

The IPO lottery of United Airways (Bd) Ltd will be held today (Tuesday) at 10-00 am in city’s Bangabandhu Internnational Conference Centre, a company press release said.United Airways is the country’s first aviation company to go public.

Bextex joins hands with Huntsman

2010-06-15 00:00:00

FE ReportBextex Limited and Huntsman Textile Effects Monday announced a strategic partnership to provide a consistent and sustainable supply of high-quality textile dyes and chemicals and technical service support to meet the stringent quality requirements of global brands and retailers.The...

ICB AMCL announces NAV of ten mutual funds

2010-06-15 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 ten mutual funds recently, according to DSE website.NAV of ICB AMCL 1st Mutual Fund stood at Tk 607.32...

PKSF chief opposes whitening black money

2010-06-15 00:00:00

Eminent economist and Palli Karma-Sahayak Foundation (PKSF) Chairman Dr Qazi Kholiquzzaman Ahmad has opposed any move granting opportunities to validate undisclosed money in the proposed budget for the 2010-2011 fiscal, reports UNB."There is no undisclosed money, all undisclosed money is...

SIBL approves 11pc dividend

2010-06-15 00:00:00

The 15th annual general meeting (AGM) of Social Islami Bank Ltd (SIBL) has approved 11 per cent dividend for its shareholders recently, said a press release. Besides, the board of directors of SIBL has been recast in the AGM held...

Regent Airways to procure four aircraft

2010-06-15 00:00:00

FE ReportRegent Airways, the upcoming startup private airline from Bangladesh owned by Chittagong Based Conglomerate Habib Group has signed up Letter of Intents (LOI) for the acquisition of two Dash-8-Q300 and two Boeing 757-200 aircraft.With the aim to commence commercial...

CDB, Robi MoU signed

2010-06-15 00:00:00

FE ReportChina Development Bank (CDB), Monday entered into a memorandum of understanding (MoU) with the Bangladesh telecom operator 'Robi' and the Chinese telecom technology supplier 'Huawei'.Under the MoU, CDB, the largest bank for international investment and financing in China-- has...

Citycell ties up with WASA

2010-06-15 00:00:00

FE ReportMobile operator Citycell has tied up with Dhaka Water Supply and Sewerage Authority (WASA) to offer cell phone-based water and sewerage bill payment facility to its subscriber base.Under the new arrangement, Citycell customers will be able to pay their...

Menon admits corruption in Viqarunnisa admission

2010-06-15 00:00:00

Chairman of the governing body of Viqarunnisa Noon School and College Rashed Khan Menon has admitted irregularities and corruption in admission and says those should be investigated, reports bdnews24.com. Reports of corruption and irregularities in the admission process against Menon...

Those dare to defy DAP will face law: Mannan

2010-06-15 00:00:00

Those who dare to defy the proposed Detailed Area Plan (DAP), designed for developing Dhaka city, will have to deal with the law, the state minister for housing and public works has declared, a day after realtors opposed the plan,...

Barua stresses need to raise loan disbursement to SMEs

2010-06-15 00:00:00

FE ReportIndustries Minister Dilip Barua Monday emphasised the need to increase loan disbursement to small and medium enterprises (SMEs) to turn Bangladesh into an industrially developed nation by 2021."The banks and financial institutions should change their traditional mind-set and introduce...

DCCI donates equipment to DMCH

2010-06-15 00:00:00

Dhaka Chamber of Commerce and Industry (DCCI) Monday donated medical equipment to the Burn and Plastic Surgery Unit of Dhaka Medical College Hospital (DMCH) for providing necessary treatment for Nimtoli fire victims at DMCH.DCCI President Abul Kasem Khan handed over...

3023 to be recruited for industrial police

2010-06-15 00:00:00

Jubair HasanThe government will recruit 3,023 members for the much-awaited industrial police force aiming at guarding the country's troublesome industrial hubs.Home Minister Sahara Khatun informed the Jatiya Sangsad of it during the question-answer session Monday.The move came after the country's...

BSF kills cattle trader

2010-06-15 00:00:00

CHAPAINAWABGANJ, June 14 (BSS): Indian Border Security Force (BSF) shot dead a Bangladeshi cattle trader near Fatepur border under Durlovpur union of Shibganj Upazila in the district in the early hours of today.The victim was identified as Shafiqul Islam son...

BICF-organised student debate competition ends

2010-06-15 00:00:00

Bangladesh Investment Climate Fund (BICF), managed by IFC, in partnership with the UK Department for International Development and the European Union, organised a debate competition on business reforms in Bangladesh, said a press release.The debate competition titled "Creating Opportunities for...

PDB fines two cos for failing to install RPP

2010-06-15 00:00:00

The state-owned Power Development Board (PDB) has imposed penalty on Rahimafrooz and Otobi for failure in commissioning their respective rental power plant (RPP) as per contract, reports UNB.Otobi is the sponsor of the diesel-based 100 MW Bheramara rental power plant,...

Immediate trial of war criminals demanded

2010-06-15 00:00:00

KURIGRAM, June 14 (BSS): Two freedom fighters (FFs) have said that people of the country want immediate trial of the war criminals on this soil."We recognise the common people, irrespective of their caste, creed and religion as FFs for cooperating...