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Pressure to succeed

2010-06-13 00:00:00

The intense pressure to get near 100 per cent in examinations throughout secondary school, university and entrance tests for postgraduate studies is cited as one of the reasons behind India's suicide figures for young people. The National Crime Records Bureau...

'Chartered Secretaries Act to help dev good corporate governance'

2010-06-13 00:00:00

FE ReportThe Institute of Chartered Secretaries of Bangladesh (ICSB) Saturday said with the enactment of Chartered Secretaries Act, 2010, the economy of the country will develop through good corporate governance." It is a boost for the Chartered / Company Secretaries...

BIA for reduction of capital gain tax on cos

2010-06-13 00:00:00

FE ReportBangladesh Insurance Association (BIA), while hailing the national budget for fiscal year 2010-11, suggested reduction of both the proposed rates of the capital gain tax on companies and tax on sponsor directors. "The Association strongly suggests that capital gain...

NAV of two unit funds

2010-06-13 00:00:00

ICB Asset Management Company of Bangladesh (ICB AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), has announced Net Asset Value (NAV) of two of its unit funds recently, said a press release.The total NAV of ICB AMCL Unit Fund...

Aminul re-elected chairman of Prime Finance

2010-06-13 00:00:00

Md Aminul Haque has unanimously been re-elected chairman of Prime Finance and Investment Limited for the sixth consecutive term at a board meeting of the company held recently. He started his career with Industrial Development Bank of Pakistan, (now defunct...

Platinum Suites goes for expansion

2010-06-13 00:00:00

Platinum Suites, a new concept of boutique hotel in the city, now poised for significant expansion into the emerging hospitality sector in the country and is all set to open-up two more properties located in the heart of Dhaka. Out...

Western Marine in Greece exhibition

2010-06-13 00:00:00

Country's leading shipbuilding company Western Marine Shipyard Ltd. took part in the 'International Shipping Exhibition' in Greece for the first time as a Bangladeshi company.A rare feat for a Bangladeshi company, Western Marine showcased its shipbuilding capabilities at the exhibition...

Debut of RAK Ceramics, UCB normal trading today

2010-06-13 00:00:00

FE ReportThe debut trading of RAK Ceramics and the re-entrance of United Commercial Bank Limited (UCBL) with the bourses for normal trading will occur today (Sunday).RAK Ceramics, a Bangladesh-UAE joint venture, has gone public under book-building method---a modern pricing mechanism---...

Reliance Insurance approves 30pc stock dividend

2010-06-13 00:00:00

Reliance Insurance Limited shareholders approved 30 per cent stock dividend at its twenty-second annual general meeting (AGM) held at Bangabandhu International Conference Centre in the city Saturday. Chairman of the company Shahnaz Rahman presided over the meeting.A large number of...

JSPL to bid for 60pc stake in Zisco

2010-06-13 00:00:00

NEW DELHI, June 12 (Economic Times): Naveen Jindal-owned Jindal Steel and Power has launched a bid to buy a 60-per cent stake in ailing Zimbabwe Iron and Steel Company (Zisco) in a deal that will deepen its presence in Africa...

Ericsson receives two awards

2010-06-13 00:00:00

Ericsson has received the prestigious Frost & Sullivan's "Telecom Managed Service Provider of the Year" for the second consecutive year and "IPTV Vendor of the Year" award for Asia Pacific. These awards were conferred based on Ericsson's outstanding performance and...

“Shipbuilding industry can be a leading forex earning sector”

2010-06-13 00:00:00

FE ReportIndustries Minister Dilip Barua Saturday said the government will give a thrust on shipbuilding industry as it could be a leading foreign exchange earning sector in future."The government is giving special importance to the shipbuilding industry considering its potential...

Tehran urges Western powers to accept nuke fuel swap deal

2010-06-13 00:00:00

TEHRAN, June 12 (AFP): Iran called on Western powers Saturday to accept a nuclear fuel swap deal brokered by Turkey and Brazil as a 'dignified' way out of an intensified atomic standoff, the state news agency IRNA reported."The best dignified...

Kyrgyzstan asks Russia to send troops to help quell unrest

2010-06-13 00:00:00

MARKHAMAT, Kyrgyzstan, June 12 (AFP): Kyrgyzstan's interim leader Saturday asked Russia to send troops to help quell ethnic violence in the south of her country, which she warned had spiralled 'out of control'.Interim President Roza Otunbayeva appealed to Russian President...

N Korea vows to blow up South propaganda facilities

2010-06-13 00:00:00

SEOUL, June 12 (AP): North Korea vowed Saturday to launch an all-out attack against South Korean loudspeakers and other propaganda facilities along their heavily fortified border, warning it could even turn Seoul into a 'sea of flame'.The rival Koreas ended...

Strike, security lockdown in Kashmir

2010-06-13 00:00:00

SRINAGAR, June 12 (AFP): Thousands of Indian police and paramilitary forces sealed off neighbourhoods of Kashmir's summer capital Srinagar Saturday to prevent protests over the death of a Muslim youth.The 17-year-old was killed in downtown Srinagar on Friday during clashes...

Amnesty calls on Thai PM for fair protest probe

2010-06-13 00:00:00

BANGKOK, June 12 (AFP): Rights group Amnesty International (AI) called on Thailand's prime minister Saturday to ensure an independent and impartial investigation into recent unrest and to lift a state of emergency immediately.Premier Abhisit Vejjajiva has commissioned an inquiry led...

16 killed in rugged terrain after Arkansas flood

2010-06-13 00:00:00

CADDO GAP, Ark., June 12 (AP): Floodwaters that tore through an Arkansas campground, killing at least 16 people, also washed away records of who was there, making the daunting search for dozens of missing in heavily wooded forest even more...

Slovakia coalition fighting for survival

2010-06-13 00:00:00

BRATISLAVA, Slovakia, June 12 (AP): Slovakia's three party governing coalition is fighting for survival in a parliamentary election Saturday, challenged in a tight race by the center-right opposition.Prime Minister Robert Fico's left-leaning party - which has promised to maintain the...

BNP unlikely to return to JS soon

2010-06-13 00:00:00

Bangladesh Nationalists Party (BNP) is unlikely to return to Parliament soon to take part in the budget debate."A congenial atmosphere is absent for us to go to parliament with respect and dignity," said Barrister Moudud Ahmed Saturday, reports UNB. When...

Mohiuddin demands cancellation of Monju's candidature

2010-06-13 00:00:00

CHITTAGONG, June 12 (BSS): Nagorik Committee Chittagong (NCC)-backed mayor candidate former mayor ABM Mohiuddin Chowdhury has demanded cancellation of candidature of BNP-backed mayoral candidate Monjur Alam Monju as he violated electoral rules.Mr Chowdhury made the allegation at a crowded press...

UP, town polls in November

2010-06-13 00:00:00

Local Government Minister Syed Ashraful Islam has said that union parishad (UP) and municipality elections could be held in November this year. "Our aim is to hold the union parishad elections in November. The municipality elections will be held in...

HWF observes strike, 18 hurt

2010-06-13 00:00:00

Our correspondent RANGAMATI, June 12: At least 18 people, including three journalists, were injured Saturday during a strike on road and water ways in Rangamati.The Hill Women's Federation (HWF), a front of the United People's Democratic Front (UPDF), imposed the...

Mahmudur alleges torture in remand

2010-06-13 00:00:00

Detained acting editor of daily Amar Desh, Mahmudur Rahman, has alleged tortured in remand, reports bdnews24.com.Mahmudur Rahman made the allegation when he was produced before a court at 3.30 pm at the end of his remand Saturday.Mahmudur Rahman was sent...

Govt urged to fix child age at 18

2010-06-13 00:00:00

The government has been urged to fix the age of children at 18, removing confusions over the definition of children, juveniles and adolescents aged between 14 and 19 years in official documents.Child rights campaigners and donors' representatives made the appeal...

Hatirjheel project to be completed by December next year

2010-06-13 00:00:00

Development work is going on in full swing for the integrated development of the Hatirjheel area, which includes the Begunbari canal to protect the capital city from floods and storm waters, reports BSS. Sources said that the project is expected...

City structures have immense potential of rainwater harvest

2010-06-13 00:00:00

FE ReportAround 0.55 million square metre hard surface of Shahjalal International Airport has the capacity to harvest approximately 880 million litre rain water per annum, enough to meet the daily needs of 18,000 people living in the city. Experts on...

Couple killed in city road crash

2010-06-13 00:00:00

FE ReportA couple was killed, as a bus rammed into their motorbike at the city's Moghbazar Saturday morning. The deceased were identified as Saiful Huda Shaheen, 36, a marketing officer of D-Structure Engineering Company, and his wife Soheli Akther Shampa,...

BIPSS, BCSR sign MoU

2010-06-13 00:00:00

Bangladesh Institute of Peace and Security Studies (BIPSS) and Bahrain Centre for Studies and Research (BCSR) have signed a memorandum of understanding (MoU), said a press release. The MoU will create a platform for cooperation in various fields including joint...

NGO leaders for effective use of climate fund

2010-06-13 00:00:00

Leaders of several civil society bodies hailed the budget for making the highest allocation for education and chalking out a long term plan to mitigate the country's power shortage, reports BSS.Equity and Justice Working Group, (Equitybd) an umbrella organisations of...