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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...

CCCI team off to Taiwan, Japan

2010-05-10 00:00:00

Our CorrespondentCHITTAGONG, May 9: A 19-member business delegation headed by CCCI president MA Latif left Saturday night for Taiwan and Japan on 11-day tour for bilateral discussions and exchange views on trade and investment issues.The team members will meet with...

Dilip urges Asian countries to exchange expertise to raise gross productivity

2010-05-10 00:00:00

FE ReportMinister for Industries Dilip Barua Sunday urged the Asian countries to exchange knowledge and expertise in order to increase gross productivity in the region.Calling the present global market scenario a 'more competitive one based on quality of output and...

'Shankha' industry struggling for survival

2010-05-10 00:00:00

Sonia H MoniShankharees, the shankha (bangle) craftsmen of Shankhari Bazar, are facing tough time as Shankha industry is struggling for survival due to higher prices of raw materials and stiff competition from imported Indian products.Shankha is a richly decorated bangle...

Chayan sparkles as Bangladesh dump Thailand

2010-05-10 00:00:00

Penalty corner specialist Mamunur Rahman Chayan sparkled with his five goal feat including a dazzling hattrick as hosts Bangladesh humbled Thailand 8-1 in their inaugural Robi Asian Cup Hockey Qualifiers tie at the Moulana Bhashani National Hockey Stadium Sunday, reports...

Abahani come closer to title; blank Brothers 4-0

2010-05-10 00:00:00

Holders Abahani Limited came closer to clinching the title of Citycell Bangladesh League after they crushed Brothers Union Club by 4-0 goals in a one-sided affair at the Bangabandhu National Stadium (BNS) here on Sunday, reports UNB.With the day's result,...

Pietersen sets up England win over South Africa

2010-05-10 00:00:00

BRIDGETOWN, May 9, 2010 (AFP): Kevin Pietersen laid the platform for a commanding 39-run victory over his native South Africa as England took a giant stride towards the World Twenty20 semi-finals here on Saturday.Man-of-the-match Pietersen's high-class 53 was at the...

Pakistan face exit after one-run loss to Kiwis

2010-05-10 00:00:00

BRIDGETOWN, May 9 (AFP): Defending champions Pakistan were on the brink of elimination from the World Twenty20 after losing to New Zealand by just one run in a last-ball thriller here Saturday.Recalled New Zealand fast bowler Ian Butler, entrusted with...

S Africa A move into Tri-Nation Cricket final

2010-05-10 00:00:00

An unconquered 109 by Stiaan Van Zyl guided South Africa A team into the final of the ATN Records Tri-Nation One-Day Series beating Bangladesh A team by six wickets at the Sher-e-Bangla National Cricket Stadium in Mirpur Sunday, reports UNB.In...

PDB champion in premier volleyball league

2010-05-10 00:00:00

Power Development Board (PDB) emerged champions in National Bank Dhaka Mohanogori Premier Division Volleyball League when they defeated Bangladesh Police in the final held on Sunday at national volleyball court, reports BSS.Commerce Minister Mohammad Faruk Khan witnessed the final as...