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KL keen to invest in infrastructure sectors

2010-04-29 00:00:00

Our CorrespondentCHITTAGONG, Apr 28: The visiting Malaysian business team has expressed their keen interested in investing in infrastructure sectors like tourism, highway operation and management and water treatment plant in Bangladesh.The members of the eight-member team expressed this while exchanging...

IFIC Bank holds workshop

2010-04-29 00:00:00

A two-day workshop on "NPL-Recovery and Implication on Related Laws" organised by IFIC Bank Limited Training and Research Academy was held at its Chamber Building in the city recently, said a press release.IFIC Bank Executive Vice President (EVP) and Head...

BSRM arranges event of 'Vision and Values'

2010-04-29 00:00:00

BSRM Steels Limited, an antique steels manufacturing company in the country, has recently organised an in-house event to celebrate the unveiling of its 'Vision and Values,' said a press release.BSRM Steels Limited Chairman Alihussain Akberali unveiled the BSRM 'Vision and...

Jamuna Bank gets new chairman, vice chairman

2010-04-29 00:00:00

Md Rezaul Karim Ansari has been elected chairman and Gazi Golam Murtoza vice chairman of the board of directors of Jamuna Bank Limited at its 140th (emergency) meeting held in the city Tuesday. Rezaul Karim is the chairman of Karim...

Australian private equity firms may shun IPOs

2010-04-29 00:00:00

MELBOURNE, Apr 28 (Reuters): Private equity firms looking to sell some of their mid-size Australian businesses are finding strong enough interest from trade buyers so that they may be able to avoid IPOs, after a poor run for recent stock...

Indo-Pak leaders to hold direct talks today

2010-04-29 00:00:00

THIMPHU, Apr 28 (AFP): The leaders of India and Pakistan will hold direct talks Thursday at a regional summit in Bhutan, as the rival nations inch their way towards resuming a dialogue frozen since the 2008 Mumbai attacks.The meeting between...

One dead as Thai troops clash with protesters on highway

2010-04-29 00:00:00

BANGKOK, Apr 28 (AFP): Thai troops opened fire on "Red Shirt" protesters Wednesday during a tense confrontation on a highway in Bangkok's northern suburbs that left one soldier dead and 18 people injured.The demonstrators hurled rocks at soldiers and police...

Hillary urges Iraq to form new govt quickly

2010-04-29 00:00:00

WASHINGTON, Apr 28 (AFP): United States (US) Secretary of State Hillary Clinton on Tuesday urged Iraqi leaders to resolve rows over the March elections and form a new government quickly, as more winning candidates risked being disqualified.With a major US...

‘West uses UN to promote illicit affairs’

2010-04-29 00:00:00

TEHRAN, Apr 28 (AFP): The wife of Iranian President Mahmoud Ahmadinejad has accused Western countries of using the United Nations to promote illicit affairs, the official IRNA news agency reported Wednesday."Westerners exploit the United Nations structure to promote illicit affairs,"...

Conservatives target Labour heartlands

2010-04-29 00:00:00

The Conservative leader arrived at a soft-drinks bottling plant in Outwood, West Yorkshire as part of a Tory plan to 'expand the battlefield' of the election and target Labour heartlands, reports Internet. The foray into the seat fought by Mr...

Farashganj snatch point from Mohammedan SC

2010-04-29 00:00:00

Mohammedan SC lost valuable points in the Citycell Bangladesh League when they were forced to a 2-2 draw by minnows Farashganj SC in the day's lone match at the Bangabandhu National Stadium (BNS) in the city Wednesday, reports UNB.With this...

Police AC beat East End Boys

2010-04-29 00:00:00

Bangladesh Police AC beat East End Boys Club in straight sets (25-16, 25-8, 25-10) in the National Bank Metropolis Premier Division Volleyball League at the Dhaka Volleyball Stadium in the city Wednesday, reports UNB.

BNP going tough on demand of CEC’s resignation

2010-04-29 00:00:00

The main opposition BNP Wednesday announced a programme of demonstrations and processions towards the Election Commission (EC) on May 3 demanding immediate resignation of the Chief Election Commissioner ATM Shamsul Huda and two other commissioners, reports UNB.The demonstration towards the...

Jamaat claims Shibir not its part

2010-04-29 00:00:00

Bangladesh Islami Chhatra Shibir is not a part of Jamaat-e-Islami, claimed a delegation of the religious fundamentalist party on Wednesday, reports bdnews24.com.The Jamaat delegation made the claim at a meeting with chief election commissioner ATM Shamsul Huda at his office.The...

Eight lawyers rail against Shafique's statement

2010-04-29 00:00:00

Seven lawyers of BNP and one of Jamaat-e-Islami Wednesday strongly protested the statement made by the law minister over the developments in the investigation for the trial of the perpetrators of crimes against humanity during the 1971 War of Liberation,...

Spot market and suspension of trading

2010-04-29 00:00:00

GQ Ball Pen: Spot market trading and block/odd lot transactions of the shares of GQ Ball Pen will be settled as per spot settlement cycle with cum benefit between today (Thursday) and May 3, '10. Trading of the shares of...

Trial of 256 mutineers begins in city

2010-04-29 00:00:00

Trial of 256 mutineers of BDR Hospital Unit began Wednesday at the makeshift special court at the Darbar Hall of BDR Headquarters where 73 people were killed in the Feb 25-26 carnage last year, reports UNB.BDR Director General Maj General...

Day labourer slaughtered

2010-04-29 00:00:00

BAGERHAT, Apr 28 (UNB): A day labourer was slaughtered by unknown assailants at Bhasa village in Kachua Upazila Wednesday.

Rajapaksa urged to encourage Lankan businesses to invest in Bangladesh

2010-04-29 00:00:00

THIMPU (Bhutan), Apr 28 (UNB): Prime Minister Sheikh Hasina Wednesday requested Sri Lankan President Mahinda Rajapaksa to encourage his country's investors to invest in Bangladesh's RMG, plastic, house building and CI sheet sectors. Bangladesh provides various facilities for the foreign...

Mugger killed in lynch-mob attack

2010-04-29 00:00:00

MUNSHIGANJ, Apr 28 (UNB): A mugger was killed and another three were injured in a lynch-mob attack at Panchasar in Sadar Upazila Tuesday night.The deceased was identified as Zakir Hossain (34), of Sipahipara area of the upazila.Quoting witnesses police said...

Nat'l River Festival begins in city today

2010-04-29 00:00:00

A 16-day 'National River Festival 2010' will begin at Suhrawardy Uddyan in the city today (Thursday) for creating awareness among people for saving country's rivers and other water-bodies, reports UNB.Shipping Minister Shajahan Khan is expected to inaugurate the festival as...

Minister urges donors for pragmatic disaster-aid

2010-04-29 00:00:00

FE ReportFood and disaster affairs minister Abdur Razzaque Wednesday urged the donor community to come up with appropriate development aid for people vulnerable to disasters, spurning the practice of what he called support for 'software' activities. "I do want more...

Asian markets fall amid European debt worries

2010-04-29 00:00:00

HONG KONG, Apr 28 (Agencies): A global markets sell-off spread to Asia Wednesday, sending the region's stocks lower amid fears the worsening European debt crisis would throw the world economic recovery off track. Selling was widespread across Asia after European...

UICL declares 20pc stock, 10pc cash dividends

2010-04-29 00:00:00

The 25th annual general meeting (AGM) of the United Insurance Company Limited (UICL) was held at the Bangabandhu International Conference Centre in the city recently, said a press.During 2009, the company's pre-tax profit was Tk 74.26 million. As on 31st...

Sensex ends around 17400

2010-04-29 00:00:00

MUMBAI, Apr 28 (Economic Times): Equities ended near day's lower levels Wednesday in line with sell-off in global markets after the Standard & Poor's downgraded Greece's rating to junk and lowered Portugal two notches. Bombay Stock Exchange's Sensex closed at...

PICL declares 20pc bonus share

2010-04-29 00:00:00

Peoples Insurance Company Limited (PICL) declared 20 per cent bonus share in its 25th annual general meeting (AGM) held at the Ladies Club in the city Tuesday, a press release of the company said. Acting Chairman Nazmul Ahsan Khaled and...

16th SAARC summit kicks off

2010-04-29 00:00:00

THIMPHU, April 28: Amid fragile peace, shaky economies and destabilising climatic conditions, leaders of the south Asian countries rallied for a more potent South Asia Association for Regional Cooperation (SAARC) body, to tackle pressing issues in the region -- home...

Sustainability of GDP growth matters most

2010-04-29 00:00:00

Shahiduzzaman KhanThe row over the country's growth rate continues with the Asian Development Bank (ADB) and the International Monetary Fund (IMF) projecting the current fiscal year's Gross Domestic Product (GDP) growth downward again. But Finance Minister AMA Muhith has refused...

Hike in RMG workers' wages before Ramadan

2010-04-29 00:00:00

FE Report The government Wednesday urged the garment workers to refrain from violence, saying that their wages will be increased within the next three months.The announcement came following two recent violent unrests at Mirpur and Narayanganj that jolted the country's...

Hasina proposes Himalayan Council, IARC, regional grid

2010-04-29 00:00:00

Prime Minister Sheikh Hasina Wednesday presented two innovative proposals - setting up Himalayan Council on the model of the Artic Council to help the climate-victim nations in South Asia and an International Adaptation and Research Centre (IARC) in Bangladesh to...