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TeleTalk plans to launch 3G phones

2010-03-12 00:00:00

TeleTalk has taken an ambitious plan for introducing 3G (third generation) mobile phone technology in Bangladesh. — BSS

Return of the vicious circle

2010-03-12 00:00:00

Mahmudur RahmanIn spite of the very difficult circumstances of rate ceilings and a lack of safe borrowers, the banking sector returned exceptional profits last year. A leading banker had attributed the success to "aggressive banking" without really elaborating on what...

Politicising and scare tactics cloud the issue

2010-03-12 00:00:00

Fiona HarveyEvery night, Anthony Watts blogs on developments in a climate change scandal that he helped to uncover. The routine has made the Californian meteorologist one of the most followed global warming sceptics in the world."It's busier than ever it's...

Re-introduction of depreciation benefit for leasing cos sought

2010-03-12 00:00:00

FE ReportBangladesh Leasing and Finance Companies Association (BLFCA) Thursday sought re-introduction of depreciation benefit for leasing companies to salvage the industry.In the budget for fiscal 2007-08, the government scrapped the depreciation allowance for the leasing industry, which was introduced in...

Maliki leads Iraq vote in two provinces

2010-03-12 00:00:00

BAGHDAD, Mar 11 (Reuters): Preliminary results from Iraq's national election began to trickle in on Thursday, showing Shi'ite Prime Minister Nuri al-Maliki ahead in the country's largely Shi'ite south.Preliminary results from the electoral commission, the first to be released, showed...

China to provide $230m for Shahjalal Fertiliser Factory

2010-03-12 00:00:00

Monira MunniThe Chinese government has agreed to provide a soft loan of $230 million for setting up the proposed Shahjalal Fertiliser Factory, one of the two mega fertiliser projects, officials said Thursday.The project worth Tk 53.18 billion (5,318 crore) would...

Ahmedinejad makes surprise visit to Kabul

2010-03-12 00:00:00

From Fazle Rashid NEW YORK, Mar 11: Mahmoud Ahmedinejad, President of Iran, sprang a major surprise visiting Afghanistan to express solidarity with the country and severely chiding America to the utter discomfort of Karzai for fomenting friction in the region....

Biman to get rid of Fokker F-28 aircraft

2010-03-12 00:00:00

Mashiur RahamanThe state-run Biman Bangladesh airlines is going to get rid of its age-old Fokker F-28 aircraft by the end of this year due to its high operation costs and acute crew shortage."Operation of Fokker F-28 aircraft has not been...

Coco's parole extended

2010-03-12 00:00:00

A Dhaka court Thursday extended a special release order for Arafat Rahman Coco, son of former premier and BNP Chairperson Khaleda Zia, in a money laundering case which allowed him to go abroad too seek medical treatment while facing graft...

Govt to ensure 24-hr movement of Angorpota-Dahagram people: PM

2010-03-11 00:00:00

Prime Minister (PM) Sheikh Hasina said her government would bring Dahagram-Angarpota enclaves under electricity connection while steps would be taken to ensure round the clock movement of inhabitants living there to the mainland, reports BSS. "As an elected government, it...

Khaleda embarks on organisational tour Mar 27

2010-03-11 00:00:00

BNP chairperson and leader of the opposition Khaleda Zia will embark on her planned organisational tour of six divisional headquarters (HQs) on March 27, beginning with a show of her party's political prowess in Chittagong on the first day, reports...

HC to give rule on another Hasina case today

2010-03-11 00:00:00

The High Court (HC) will give a ruling Thursday on a petition by Prime Minister Sheikh Hasina challenging the Niko graft case.The bench of justices Md Shamsul Huda and Abu Bakar Siddiqui set the date Wednesday after the final hearing...

BCL audacity forces RU provost to resign

2010-03-11 00:00:00

RU CorrespondentRAJSHAHI UNIVERSITY, Mar 10: Prof Imtiaz Ahmed, a pro-Awami teacher and provost of Bangabandhu Sheikh Mujibur Rahman Hall of Rajshahi University (RU) resigned from his provostship Wednesday for unfair behaviour by the Bangladesh Chhatra League (BCL) hall unit leaders...

Hartal passes off peacefully at Barkal

2010-03-11 00:00:00

Our CorrespondentRANGAMATI, Mar 10: The first day of two-day dawn to dusk hartal called by Samo Odhikar Andolan (SOA), a platform for Bangali settlers, and its student front Parbatya Bangali Chhatra Parishad (PBCP) today passed off peacefully at Barkal Upazila...

Accused remanded in Kibria killing case

2010-03-11 00:00:00

HABIGANJ, Mar 10 (BSS): Mizanur Rahman Mithu (23), a charge-sheeted accused in former Finance Minister Shah AMS Kibria killing case was taken on a seven-day police remand Wednesday.Habiganj Judicial Magi-strate Court-2 granted the remand on a prayer by assistant superintendent...

President for modernising army

2010-03-11 00:00:00

President Zillur Rahman asked the Army Chief of Staff General M Abdul Mubeen to initiate more training facilities to the army personnel for further modernisation of the force."Necessary steps are needed to be undertaken for further enhancing professional skill of...

Bangladeshi cos invited to take part in HK fairs

2010-03-11 00:00:00

FE ReportHong Kong Trade Development Council (HKTDC) Tuesday invited Bangladeshi companies to participate in their fairs held throughout the year in Hong Kong and gain international exposure that would facilitate both buyers and sellers."We offer Bangladeshi companies an opportunity to...

IFIC Bank 1st Mutual Fund IPO lottery held

2010-03-11 00:00:00

FE ReportThe IPO lottery of IFIC Bank 1st Mutual Fund was held at the Bangabandhu International Conference Center in the city Tuesday.The size of the fund is Tk. 1.2 billion, of which Tk. 400 million is being raised through the...

Exports rise 3.49pc in January

2010-03-11 00:00:00

Monira MunniThe country's exports in January rose 3.49 per cent to US$1.426 billion from the same period last year, the first positive growth after two straight months of decline.Overseas sales surged by 18 per cent in January compared to December...

Khulna Power to offload 5,21,48,250 shares

2010-03-11 00:00:00

FE ReportCountry's private power plant --- Khulna Power Company limited (KPCL) received an indicative price of Tk. 162 from seven institutional investors prior to institutional bidding process under the Book Building Method. The authorities of KPCL disclosed this in a...

Premier Bank holds 77th board meeting

2010-03-11 00:00:00

The 77th meeting of the board of directors of the Premier Bank Limited was held at its head office in the city Wednesday. Chairman of the board of directors of the bank HBM. Iqbal presided over the meeting, said a...

Citi celebrates Int’l Women's Day

2010-03-11 00:00:00

Citibank, N.A. Bangladesh celebrated International Women's Day through a discussion programme which was attended by the female employees of the bank and many dignitaries of the society.Ambassador of Norway to Bangladesh, Ms. Ingebjørg Støfring graced the programme as Chief Guest.The...

New DMD of NCC Bank

2010-03-11 00:00:00

Swapan Kumar Das has been promoted as deputy managing director of NCC Bank Ltd recently, said a press release. Prior to this promotion, he was senior executive vice president and Chittagong area in-charge of the same bank.After completion of MSc...

Restoration of workers' recruitment to Kuwait remains uncertain

2010-03-11 00:00:00

Mashiur RahamanRestoration of recruitment of Bangladeshi workers by Kuwait remains uncertain, frustrating desperate job seekers and recruiters."Even after a month since a high-level delegation led by Prime Minister Sheikh Hasina visited the oil-rich gulf state, there is no sign of...

Unique, Starwood to jointly build three luxury hotels in country

2010-03-11 00:00:00

FE ReportThe leading local conglomerate Unique Group, which owns and operates the Westin Dhaka, has joined hands with international hospitality giant Starwood Hotels and Resorts to build up three more luxury hotels in Bangladesh over the next three years.Under the...

New plan to strengthen BASIC Bank’s operational activities

2010-03-11 00:00:00

FE ReportThe First Managers' Conference 2010 of BASIC Bank Ltd was held in the city recently. Sheikh Abdul Hye Bacchu, chairman of the bank, attended the conference as the chief guest.AKR Sajedur Rahman, managing director, presided over the event, said...

Training course on 'SME Financing'

2010-03-11 00:00:00

A week-long training programme on 'SME Financing' started at Al Arafah Islami Bank Training and Research Academy Monday, said a press release.Managing Director of the bank M A Samad Sheikh inaugurated the course as the chief guest. General Manager, SME...

Germany keen to invest in Bangladesh

2010-03-11 00:00:00

German ambassador in Dhaka Holger Michael has evinced keen interest of investors of his country to come and invest in textile, apparel, electro-mechanical engineering and other potential sectors in Bangladesh.The German envoy said that trade and commerce between the two...

IPO Diary

2010-03-11 00:00:00

Phoenix Finance 1st Mutual Fund Nature of the fundClose-end Mutual Fund of 10 (Ten) years tenureObjective The objective of the fund is to provide attractive dividend to the unit holders by investing the proceeds in the capital market and money...

HIGHLIGHTS

2010-03-11 00:00:00

Sukh By ChanceOn SONY SET Thursday at 09-30 pm Tina is upset but Mohan tells her that he has given the money to the man as he finds Rajesh and Dhiraj very immature. Mohan goes in and sees all getting...