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Re-investigate Baniarchar bomb blast

2010-06-06 00:00:00

Ten people were killed and 30 others injured in a bomb blast inside the Baniarchar church in Masudpur, Gopalganj on June 3, 2001. The deceased were: Michael Mallik (25), Monmoth Sikder (22), Peter Shaha (30) Amar Biswas (25), Binon Das...

Islam and the internet

2010-06-06 00:00:00

Anti-Islamic forces have now adopted the Internet as a medium to pour scorn on Islam and propagate various baseless information about Islam. They have even opened some websites in the name of Islam with a view to creating confusion about...

Maddening traffic jams

2010-06-06 00:00:00

The price tag is rather high when people have to spend hours on the road in sweltering heat from traffic jams. The resulting misery generated by the high heat and humidity takes its toll on human health, and slows down...

Facing the Facebook

2010-06-06 00:00:00

Shamsher ChowdhuryTHERE is an expression amongst the Americans which says, "Give him the longest rope to hang himself". There is yet another one that says, "If some one is on way to suicide, do not kill him". In my earlier...

The need to adopt international practices in investor relations

2010-06-06 00:00:00

Kingshuk Nag A small capital leasing company got listed itself in a leading stock exchange in 2005 and since its debut, its market price didn't commensurate with company fundamentals. This company posted strong results for the past 5 years but...

Bringing the criminals to justice

2010-06-06 00:00:00

Quazi Faruque AhmedThis is an appeal to the teachers and all concerned with education, of all nations of the world through the good offices of the teachers and education staff organisations who represent them. The appeal is from more than...

Southeast Bank opens ATM booth on NSU campus

2010-06-06 00:00:00

Southeast Bank Limited (SEBL) has recently opened its ATM booth on the campus of North South University (NSU), according to a press release.Director and former chairman of SEBL and Chairman of the board of governors of North South University Foundation...

Renata to unveil child nutrient variant by yr-end

2010-06-06 00:00:00

FE ReportRenata Limited- a leading pharmaceuticals firm is planning to unveil Pushtikona- a 'unique' child nutrient variant in the local market by the end of this year; the company officials said Thursday.The local medicine manufacturer, which is a market leader...

Trade bodies shocked at Neemtoli tragedy

2010-06-06 00:00:00

FE ReportDifferent trade bodies and business organizations expressed shock at the loss of 117 lives and prayed for recovery of injured at the devastating fire in old part of the city in separate statements Saturday.Dhaka Chamber of Commerce and Industry...

NCC Bank chairman, VC re-elected

2010-06-06 00:00:00

FE ReportThe Board of Directors of NCC Bank Ltd. has recently re-elected its Directors Yakub Ali Montu as Chairman and Md. Harunur Rashid MP as Vice Chairman of the Bank.Mr Yakub Ali Montu is a renowned business personality and a...

Ericsson supports tree plantations

2010-06-06 00:00:00

In a project titled 'Green Matuail by Ericsson', Ericsson Bangladesh will support to plant and maintain 60,000 trees at a municipal waste dumping ground at outskirts of capital Dhaka, aiming to provide local inhabitants with a sustainable, pollution free environment...

ICB AMCL announces NAV of two unit funds

2010-06-06 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 two of its unit funds recently, said a press release.The total NAV of ICB AMCL Unit Fund stood...

New MD of BRAC Bank

2010-06-06 00:00:00

Syed Mahbubur Rahman has been appointed Managing Director & CEO of BRAC Bank Limited with effect from today (Sunday).Prior to this appointment he worked as the Deputy Managing Director at the same bank. Mr. Rahman takes over the responsibility from...

IBBL's deposit reaches Tk 258.87 billion

2010-06-06 00:00:00

FE ReportIslami Bank Bangladesh Limited (IBBL) has earned a total deposit of Tk 258.87 billion (25,887 crore) upto May 31, 2010, showing a growth rate of 20 per cent against the same period of the previous year.It was disclosed at...

BD cos receive orders worth $153m in Canada expo

2010-06-06 00:00:00

Twenty Bangladeshi companies, which participated in an exhibition in Canada recently, received spot orders worth US$ 153 million of their products, reports UNB.Export Promotion Bureau (EPB) in cooperation with Bangladesh High Commission in Ottawa and Trade Facilitation Office (TFO) Canada,...

DBBL celebrates 14th anniversary

2010-06-06 00:00:00

Dutch-Bangla Bank Limited (DBBL) celebrated its 14th anniversary Thursday with a mission to serve the distressed humanity. As a part of corporate social responsibility and to stand by the distressed humanity, DBBL arranged a programme in early part of the...

Iftekhar reelected Uttara Bank Vice-chairman

2010-06-06 00:00:00

Mr Iftekharul Islam, managing director (MD) of Aftab Group, has been re-elected vice-chairman of Uttara Bank Limited, said a press release. His election was held in the 495th meeting of the board of directors of the bank held in the...

CZM launches scholarship from Zakat fund

2010-06-06 00:00:00

Centre for Zakat Management (CZM) has launched its Zaket-based scholarship for meritorious undergraduate students under the title `Genious' programme. This year 61 students have been selected form Dhaka University, Dhaka Medical College, Sohrawardy Medical College, BUET and Jagannath University. CZM,...

Rejoinder from Biman

2010-06-06 00:00:00

Biman administration has drawn attention to a news item headlined 'Biman floats tender for aircraft on wet-lease for Hajj operation' published in the Financial Express on May 31, 2010. The news item elaborated on Biman's on-hand lease procurement of a...

New DMD of Standard Bank

2010-06-06 00:00:00

Md Abul Hossain has recently been promoted as Deputy Managing Director (DMD) of Standard Bank Limited, according to a press release.Prior to this promotion he was senior executive vice president of the bank. Mr Hossain has been actively serving the...

Navy boards aid ship peacefully, escorts it to Israel

2010-06-06 00:00:00

ASHDOD, Israel, June 5 (AFP): Israeli forces Saturday boarded the Rachel Corrie after it ignored orders not to head for Gaza, but there was no repetition of the bloody violence, when commandos stormed an aid boat earlier this week.The military...

Bomb at Afghan governor office kills 1, hurts 14

2010-06-06 00:00:00

KANDAHAR, June 5 (AP): A bomb exploded Saturday outside the provincial governor's office in the Afghan city of Kandahar, killing one policeman and wounding at least 14 civilians, officials said.The attack reflects deteriorating security in the largest city in the...

India vows to repair relations with Pakistan despite concerns

2010-06-06 00:00:00

WASHINGTON, June 5 (AFP): India pledged Friday to go 'more than half the way' to repair testy relations with Pakistan but said it has received support from the United States (US) to keep a careful eye on its neighbour.Indian Foreign...

US demands global response against North Korea

2010-06-06 00:00:00

SINGAPORE, June 5 (AFP): The United States (US) Saturday said the world must hold North Korea to account over the sinking of a South Korean warship, as Seoul appealed for UN intervention.Defense Secretary Robert Gates said Washington was looking at...

British troops have to stay in Afghanistan: Fox

2010-06-06 00:00:00

SINGAPORE, June 5 (AFP): British troops have to stay in Afghanistan to prevent it from becoming a failed state and breeding ground for terrorism, newly appointed Defence Secretary Liam Fox said Saturday."In the first week that I was appointed defence...

Delegates back Karzai's plan to talk to Taliban

2010-06-06 00:00:00

KABUL, June 5 (AP): Afghan leaders attending a national peace conference decided Friday to back President Hamid Karzai's plan to broker a truce with the Taliban but fell short of delivering a clear strategy for negotiating with the militant group....

news digest

2010-06-06 00:00:00

Obama names new intelligence chiefWASHINGTON, June 5: President Barack Obama is set to nominate James Clapper, the Pentagon's top intelligence, official to oversee the nation's 16 spy agencies. Obama was expected to announce the nomination of Clapper, a retired Air...

Sensex logs second weekly gain as India outperforms peers

2010-06-06 00:00:00

MUMBAI, June 5 (Reuters): The benchmark index of the Bombay Stock Exchange (BSE), the Sensex, logged its second straight weekly gain, as it climbed 0.6 per cent Friday, helped by a rise in European markets, but market participants were not...

Ceat raises stake in Sri Lankan investment arm

2010-06-06 00:00:00

MUMBAI, June 5 (Reuters): Ceat Ltd, said Friday its Sri Lankan investment arm -- Associated Ceat Holdings Company Pvt Ltd (ACHL) - had become a wholly-owned subsidiary following its purchase of the remaining 4.5 million shares in the company. Ceat...

Nikkei holds firm as Japan PM chosen, US data eyed

2010-06-06 00:00:00

TOKYO, June 5 (Reuters): Tokyo's Nikkei average inched down Friday, mostly retaining hefty gains made the previous day after Finance Minister Naoto Kan, viewed by some as a proponent of a weaker yen, was chosen as the country's new prime...