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Commercial Bank of Ceylon

2010-01-09 00:00:00

Bangladesh received US$10.72 billion in remittances from overseas workers in 2009, up by 20 per cent from a year earlier. In 2008, remittances totalled $8.97 billion. Remittances from more than 6.0 million expatriates account for 10 per cent of the...

MDs of Pubali Bank, UCBL win GEF awards

2010-01-09 00:00:00

FE ReportManaging Director (MD) of Pubali Bank Ltd Helal Ahmed Chowdhury and Managing Director of United Commercial Bank Ltd (UCBL) M Shahjahan Bhuiyan have won the Global Economist Forum (GEF) awards for their outstanding contribution to the development of Bangladeshi...

ICB AMCL announces NAV of two unit funds

2010-01-09 00:00:00

The ICB Asset Management Company Limited (AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), has announced the Net Asset Values (NAV) of two of its unit funds, said a press release.ICB AMCL Unit Fund: The total NAV of ICB...

Jayawardene,Tharanga script thumping win

2010-01-09 00:00:00

A succession of bowling changes within the first eight overs of the chase indicated where the match was heading. Bangladesh, under immense pressure to defend a modest - by this tournament's standards - 250, found themselves at the receiving end...

MS Dhoni, Virat Kohli seal comfortable win for India

2010-01-09 00:00:00

A commendable performance with the bat, followed by an inspired opening burst wasn't enough for Bangladesh to pull off a surprise win against India at the Sher-e- Bangla National Stadium in the city, reports Cricinfo. The Indian middle order, led...

Official launch of ICC Cricket WC-2011 in Dhaka today

2010-01-09 00:00:00

The Bangladesh segment of the ICC Cricket World Cup (CWC) 2011 will be officially launched today (Saturday) evening at Bangabandhu International Conference Centre at Sher-e-Bangla Nagar in the city, reports UNB. ICC Vice President and Chairman of the Central Organising...

India to host S Africa for 2 tests, 3 ODIs

2010-01-09 00:00:00

NEW DELHI, Jan 8 (AP): India will host South Africa for two Test matches and three limited-overs internationals in February.The Board of Control for Cricket in India (BCCI) has allocated the Tests to Nagpur and Calcutta, while the one-day internationals...

AC Milan look to keep pressure on city rivals

2010-01-09 00:00:00

ROME, Jan 8 (AFP): A revitalised AC Milan side will be looking to keep some pressure on city rivals and Serie A leaders Inter Milan when they travel to third-placed Juventus Sunday in a match that neither side can really...

England to play Pakistan T20s in Dubai

2010-01-09 00:00:00

LONDON, Jan 8 (AFP): England will play two Twenty20 matches against Pakistan in Dubai next month ahead of their tour of Bangladesh, the England and Wales Cricket Board announced Friday.The matches will take place on February 19 and 20. The...

Pakistan cricket chief hopes for brighter '10

2010-01-09 00:00:00

KARACHI, Jan 8 (AFP): Pakistan's cricket chief voiced hopes Friday for improved security so matches could be played at home this year and said he was working to renew ties between the national team and India."Like every Pakistani, I too...

Political leaderships seen vital for boosting ties with India

2010-01-09 00:00:00

Former foreign minister M Morshed Khan said thorny issues must be removed through visionary apsproach by political leaderships to foster a good relation and meaningful cooperation between Bangladesh and India.Mr Khan, however, feels a lack of requisite preparation for bringing...

We've never claimed full success: Ashraf

2010-01-09 00:00:00

Syed Ashraful Islam, Awami League (AL) general secretary and LGRD minister, believes everything did not glitter in the first year of the government, but said the people are satisfied and have faith in it."We have never claimed that we have...

Khaleda blames govt for Bakir's death

2010-01-09 00:00:00

BNP Chairperson Khaleda Zia has blamed the government for the death of BM Bakir Hossain, joint secretary of the Jatiyatabadi Sramik Dol, in police custody and termed it "clear violation of human rights and contrary to the rule of law."In...

Parliamentary team visits Ctg port

2010-01-09 00:00:00

Our CorrespondentCHITTAGONG, Jan 08: The parliamentary standing committee for shipping ministry today visited the Chittagong port and inspected its operational activities and facilities.The 8-member team comprising shipping minister Shahjahan Khan and members from the ruling and opposition parties headed by...

ULFA threatens Bangladesh 'migrants'

2010-01-09 00:00:00

The United Liberation Front of Assam (ULFA) has threatened to attack "illegal migrants" from Bangladesh.The announcement by the ULFA came days after its top leaders were detained in Dhaka and handed to India, according to BBC News, reports bdnews24.com.The ULFA...

BFUJ annual council today

2010-01-09 00:00:00

The annual council of Bangladesh Federal Union of Journalists (BFUJ) will be held at the National Press Club Auditorium today (Saturday).All councillors of BFUJ from across the country are expected to take part in the council, says a press release.

Organic fertiliser could be produced from city garbage: expert

2010-01-09 00:00:00

An expert said that getting rid of the city's large quantum of garbage was no easy task, but its recycling could help keep it at minimum level apart from turning it into organic fertiliser."About 5000 tonnes of domestic refuses are...

Environ-friendly car developed in country

2010-01-09 00:00:00

Monira MunniA local self-made engineer has developed an environment-friendly electronics turbine digital car 'Raf Raf Tahia' meaning beautiful and speedy, which will require no fuel."Gas, oil and mobil are not needed to run the car and there is no engine...

BRTC to launch school buses to lessen traffic congestion

2010-01-09 00:00:00

Munima SultanaBangladesh Road Transport Corporation (BRTC) will introduce school buses for educational institutions to facilitate the authorities and students with the special service for avoiding hazards of using other transports and help lessen the city's traffic congestion.Officials said authorities of...

26 pc blood comes from voluntary donation

2010-01-09 00:00:00

FE ReportBangladesh has a demand for 500,000 bags of blood where as only 26 per cent of it comes from voluntary donation, said Prof Din Mohammad, head of Neurology department of Dhaka Medical College and Hospital (DMCH). He said, "The...

India keen to borrow salinity-tolerant rice variety from

2010-01-09 00:00:00

The visiting Indian Agriculture Minister Sharad Pawar said his country was keen to borrow Bangladesh's salinity tolerant rice variety to boost agriculture outputs in the states of West Bengal, Orissa and Andhra Pradesh."Our states of West Bengal, Orissa and Andhra...

200 shanties, 25 apartments gutted by fire

2010-01-09 00:00:00

FE ReportAt least 200 shanties and 25 flats were gutted in a devastating fire that broke out at South Begunbari in the city's Tejgaon Industrial area Friday evening, police said.Shilpanchal (industrial) police said the fire originated from a gas pipeline...

Obituary

2010-01-09 00:00:00

Our CorrespondentNATORE, Jan 8: President of Natore District NGO Association and Chairman of SETU NGO Mostafizul Islam Mostak (47) died Thursday. He left behind his wife, one son, one daughter, relatives and well wishers to mourn his death. His namaz-e-Janaza...

Ghoraghat thana OC commits suicide

2010-01-09 00:00:00

BOGRA, Jan 8 (UNB): Officer-in-Charge (OC) of Ghoraghat thana of Dinajpur district allegedly committed suicide by shooting himself at his in-law's house at Namajgarh in district town Thursday.Police said OC Jakir Hossain (43), hailed from Gholagari area of Sadar Upazila,...

NBR detects Tk 300m VAT evasion

2010-01-09 00:00:00

FE ReportThe NBR has recently detected evasion of a substantial amount of value added tax (VAT) by a leading glass sheet manufacturer. The CIC has estimated the evasion at around Tk 300 million. A top revenue official said the company...

Indian countervailing duty hits B’desh RMG exports

2010-01-09 00:00:00

Doulot Akter MalaThe country's readymade garment exporters have been counting additional duty to enter the Indian market, as the latter has imposed countervailing duty on subsidised export items of other countries, industry insiders said.Apparel items imported from Bangladesh are being...

Trade fair starts drawing big crowd

2010-01-09 00:00:00

FE ReportTraders in foreign pavilions in the month-long Dhaka International Trade Fair (DITF)-2010 are enjoying significant customer's turnout in the first week since inauguration on January 1, 2010 but complained over mismanagement and non-cooperation from the authority.Customers' response in the...

Govt opts for outside court settlement with Niko

2010-01-09 00:00:00

M Azizur RahmanThe government has planned to settle the long-pending dispute with Niko Resources over payments against the sale of gas produced from Feni field through discussion rather than litigation, officials said Friday. "We cannot stop Niko from going to...

Two committees on sick industries formed

2010-01-09 00:00:00

S M JahangirThe government has formed two separate committees to help solve long-standing problems of the country's sick industries, official sources said.The ministry of industries issued a circular on the formation of the two committees Thursday, a top-ranking ministry official...

Seven die as bus catches fire

2010-01-09 00:00:00

BANDARBAN, Jan 8: At least seven people were killed and another 45 injured in Bandarban Friday when a picnic bus caught fire and plunged into a roadside ditch. Among the dead passengers, five were identified as Rupak Barua, Shova Barua...