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Yunus to lead team to Presidential Summit on Entrepreneurship in US

2010-04-22 00:00:00

FE ReportEntrepreneurs from more than 40 countries with sizable Muslim populations including Bangladesh would throng Washington to take part in the first ever Presidential Summit on Entrepreneurship during April 26-27 next.Around 250 delegates from across the world including three from...

Korean envoy seeks mayor's help for KEPZ in Ctg

2010-04-22 00:00:00

Our CorrespondentCHITTAGONG, Apr 21: Korean ambassador in Dhaka Cho Tai Young today met Chittagong city mayor ABM Mohiuddin Chowdhury and sought his administrative support for quick implementation of the Korean export processing zone (KEPZ) in Chittagong.He also asked for mayor's...

Local co to invest $2.19m in CEPZ

2010-04-22 00:00:00

M/s RTT Towels (BD) Limited, a 100 per cent local owned company, will set up a terry towel manufacturing industry in the Chittagong Export Processing Zone (CEPZ) investing $2.19 million.

BNP leaders want to observe by-polls

2010-04-22 00:00:00

Opposition BNP has sought the Election Commission's permission to its senior leaders for observing the Bhola-3 by-election scheduled for Saturday, reports UNB.A BNP delegation led by its senior joint secretary general Mirza Fakhrul Islam Alamgir called on Election Commissioners M...

SQ Chy granted bail in treason case in Ctg

2010-04-22 00:00:00

CHITTAGONG, Apr 21 (UNB): BNP standing committee member Salahuddin Qader (SQ) Chowdhury MP Wednesday was granted bail by a court here in a case filed for treason charges.District and Sessions Judge Abdul Kuddus Miah granted him bail as the BNP...

Date of charge framing deferred again

2010-04-22 00:00:00

A special judge's court Wednesday again postponed the date when charges would be framed in the Zia Orphanage Trust case, reports bdnews24.com.Judge Mozammel Hossain set June 29 for a new hearing date following an application by defence lawyers for time.

Alleged killers of Wahid arrested

2010-04-22 00:00:00

FE ReportRapid Action Battalion (RAB) Tuesday night arrested four persons in connection with the killing of BCL leader Wahiduzzaman from Shekertek in the capital's Adabar area.Miscreants gunned down Mohammad Wahiduzzaman (23), BCL general secretary of DCC ward-43 unit, at Pisciculture...

Ultra left party man found dead in Pabna

2010-04-22 00:00:00

Our CorrespondentPABNA, Apr 21: An activist of the outlawed Purba Banglar Communist Party (ML-Janajuddha) was found dead at Shibpur Bazar under Atgharia Upazila of the district Wednesday. The deceased was identified as Selim Uddin, 28, a resident of village Madhupur...

Shakib becomes UCB brand ambassador

2010-04-22 00:00:00

FE ReportShakib Al-Hasan, a leading all rounder in the cricket field, teamed up with United Commercial Bank (UCB) as its brand ambassador Wednesday.The commercial Bank signed an agreement with Hasan, who is also the Wisden Test Cricketer of the Year...

Rajshahi clinch T20 title

2010-04-22 00:00:00

Favourites Rajshahi lived up to reputation as they cruised past Khulna by six wickets to clinch the Destiny Twenty20 Cricket title in the final held Wednesday at Sher-e-Bangla National Stadium, reports BSS.Rajshahi faced a daunting task of 162 to win...

Farashganj hold Brothers to 2-2 draw

2010-04-22 00:00:00

Farashganj SC forced Brothers Union Club to a 2-2 goals draw in a match of the Citycell Bangladesh League at the Bangabandhu National Stadium (BNS) in the city Wednesday, reports UNB.With the day's result, both Farashganj and Brothers Union secured...

Tamim Iqbal named Int’l Cricketer of the Month

2010-04-22 00:00:00

Hard hitting opening batsman Tamim Iqbal Khan became the first Bangladeshi cricketer to be named International player of the month (May 2010) by the world's best-selling monthly cricket magazine Wisden, reports UNB.The May edition of the Wisden Cricketer Magazine will...

Arlin Chess begins from April 25

2010-04-22 00:00:00

The Arlin Developer 31st National Women's Chess Championship will begin with 12 women chess players in the Narayanganj Club auditorium Friday, reports BSS.Defending Champion Sharim Sultana Shirin, runner-up Shamima Akter Liza, IM Rani Hamid, FM Syeda Shabana Parvin Nipa, IM...

BKSP U-19 win against Customs CA in Pakistan

2010-04-22 00:00:00

BKSP U-19 won their third consecutive match in Pakistan when they beat Customs Cricket Academy (CA) of Pakistan by 2 runs at the Vital Five Club DHA Ground, Karachi, Pakistan Wednesday, reports BSS.The Customs Cricket Academy consisted Pakistan's first class...

Gregorian Club beat Flame Boys Club

2010-04-22 00:00:00

The Gregorian Club beat Flame Boys Club by 77-42 points in a match of the Premier Bank 1st Division Basketball League at the Dhanmondi Basketball Gymnasium in the city Wednesday, reports UNB.

Many flights to Europe resume from Asia-Pacific

2010-04-22 00:00:00

SYDNEY, Apr 21 (AFP): Thousands of Europe-bound passengers were flying out of Asia-Pacific airports Wednesday, as the region's airlines estimated they were losing US$ 40 million a day to the aerial lockdown. Qantas, Singapore Airlines and Virgin flights were taking...

We won't allow Washington to dominate Tehran: Khamenei

2010-04-22 00:00:00

TEHRAN, Apr 21 (AFP): Iran's supreme leader Ali Khamenei said Wednesday that Tehran will not allow the United States (US) to dominate the Islamic republic, taking another swipe at US President Barack Obama's "nuclear threat." "Nobody should dare to threaten...

Thai Reds rule out negotiations with govt

2010-04-22 00:00:00

BANGKOK, Apr 21 (AFP): Thai protesters Wednesday ruled out negotiations with the government despite fears of a looming crackdown, saying talks were 'out of the question' after bloody clashes earlier this month. The anti-government campaigners have said they are braced...

Cameron to say politicians have 'betrayed' the public

2010-04-22 00:00:00

David Cameron is to say politicians have 'betrayed' the public for generations as he again acknowledged voter anger, reports BBC. In a speech in Devon, the Conservative leader is to pledge to "blow apart the old system" of politics and...

Pope vows action against clerical sex abuse

2010-04-22 00:00:00

VATICAN CITY, Apr 21 (AP): Pope Benedict XVI promised Wednesday that the Catholic Church would take action to confront the clerical sex abuse scandal, making his first public comments on the crisis days after meeting with victims.During his weekly public...

news digest

2010-04-22 00:00:00

'Ousted Kyrgyz leader still president'MINSK, Apr 21: Kyrgyzstan's ousted leader Kurmanbek Bakiyev said Wednesday he was still president and he asked world leaders not to recognise the interim rulers who took over after an April 7 uprising. "I will do...

Bourses strongly oppose tax on capital gain from stocks

2010-04-22 00:00:00

FE ReportStock exchange leaders have proposed framing of guidelines to bring undisclosed money in the capital market, consider advance tax on dividend as final settlement, not to impose tax on capital gain and to avoid fiscal measures affecting small investors.They...

Setting the priorities for external aid

2010-04-22 00:00:00

Shahiduzzaman KhanWith barely two months left for announcing the new budget for the forthcoming fiscal, the government is reportedly looking for ways to ensure expeditious disbursement of external assistance from the pipeline. With a budget deficit of Tk 395 billion...

Govt sets Tk 193.95b aid target for next budget

2010-04-22 00:00:00

FHM Humayan KabirThe government has set a Tk 193.95 billion foreign aid target for the upcoming national budget aimed at executing different development works, especially increased investment in the power and energy sectors, officials said Wednesday.Finance ministry officials said the...

Govt to generate 9,426 mw of power by 2015

2010-04-22 00:00:00

FE Report The government has planned to generate 9,426 megawatts (mw) of electricity by 2015, State Minister for Power and Energy Muhammad Enamul Haque said Wednesday."This might seem an ambitious target to many under the present context. But we are...

PM blames RAJUK for unplanned capital city

2010-04-22 00:00:00

Prime Minister Sheikh Hasina Wednesday blamed the Rajdhani Unnayan Kartripakkha (RAJUK) for its past negligence that led to the unplanned growth of Dhaka city, reports UNB."RAJUK gave permission for constructing buildings without any plan putting the Dhaka city into a...

BB asks banks to follow certain conditions

2010-04-22 00:00:00

FE ReportThe Bangladesh Bank (BB) has asked the commercial banks concerned to implement an official decision that sets certain conditions on recovery of outstanding credit from private jute millers to help them continue production, sources said.Under the conditions, the arrear...

MICR cheques on offset paper allowed for dividend warrants

2010-04-22 00:00:00

FE ReportThe listed companies are allowed to issue the magnetic ink character recognition (MICR) cheques for refund warrants and dividend warrants on offset paper, instead of security paper.The delegates of Bangladesh Bank (BB), the Securities and Exchange Commission (SEC), both...

Dhaka stocks fall on price correction

2010-04-22 00:00:00

FE ReportDhaka stocks fell on price correction amid choppy trading Wednesday after a two-day bull run with the turnover crossing Tk 11.0 billion-mark for the first time in one month.Trading at Dhaka Stock Exchange (DSE) got off to a bright...

Four banks raise deposit rates, 8 cut lending rates

2010-04-22 00:00:00

FE Report The country's banking sector witnessed a mixed trend in interest rates on deposits in the current month while the lending rates remained almost unchanged. At least four commercial banks have increased their deposit rates while eight slashed the...