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IBBL donates winter clothes among poor

2010-01-22 00:00:00

FE Report Islami Bank Bangladesh Limited (IBBL) has recently distributed winter clothes among the cold-hit poor people through its branches in the three northern districts of the country, said a press release. Islami Bank Foundation, a sister concern of the...

IPO Diary

2010-01-22 00:00:00

ACI 20pc Convertible Zero Coupon BondsSubscription OpenJanuary 31, 2010Subscription CloseFebruary 04, 2010For Non resident BangladeshisJanuary 31, 2010 to February 13, 2010Total Issue Size1,335,850 Convertible Zero Coupon Bonds ofTk 1,000 each totaling Tk 1,335,850,000.Private Placement801,510 Convertible Zero Coupon Bonds of Tk...

Bangladesh go down fighting against India

2010-01-22 00:00:00

CHITTAGONG, Jan 21 (BSS): Mushfiqur Rahim's century went in vain as India stamped their authority as a superior team when they recorded a 113-run victory in the first Idea Cup Test on the fifth and final day at Zohur Ahmed...

Arsenal dig deep to go top, Liverpool beat Spurs

2010-01-22 00:00:00

LONDON, Jan 21 (Reuters): Arsenal fought back from 2-0 down to beat Bolton Wanderers 4-2 and go top of the Premier League while Liverpool re-ignited their season with a 2-0 win over Tottenham Hotspur on Wednesday.Arsenal's victory at the Emirates...

Djokovic, Davydenko into 3rd round, Ivanovic out

2010-01-22 00:00:00

MELBOURNE, JAN 21 (AP): Back on the court where he won his only Grand Slam title, Novak Djokovic overcame an early struggle against a journeyman Swiss player before advancing to the third round of the Australian Open.The third-ranked Djok-ovic had...

Rajshahi takes 14-run lead over Ctg

2010-01-22 00:00:00

Holders Rajshahi Division scored 198 for 3 in 69 overs in the first innings to take a 14-run lead against Chittagong Division on the second day of the four-day 2nd round match of the National Cricket League at BKSP in...

Ronaldinho hoping to maintain good form in derby

2010-01-22 00:00:00

MILAN, Jan 21 (AP): AC Milan goes into the city derby against Inter Milan as a slight underdog, but knowing that a win Sunday could open up the championship race.A Milan win would close the gap to leader Inter to...

First year performance of govt disappointing: Akbar Ali Khan

2010-01-22 00:00:00

FE ReportFormer adviser of caretaker government Akbar Ali Khan termed the first year of ruling government's performance 'disappointing' in terms of corruption mitigation. "Despite their pre-election announcement to annually publish wealth statements of all top government officials, ministers, MP's and...

Fifth Amendment hearing adjourned until Jan 24

2010-01-22 00:00:00

The Appellate Division has adjourned until January 24 the proceedings on two petitions seeking a stay order on the 2005 High Court judgment declaring the Fifth Amendment to the constitution illegal.A full six-member Bench of the Division, led by Chief...

Anti-Chittagong forces opposing transit: Mayor

2010-01-22 00:00:00

Our CorrespondentCHITTAGONG, Jan 21: Mayor of Chittagong City Corporation ABM Mohiuddin Chowdhury expressed satisfaction at offering transit facilities to India, Nepal and Bhutan and said, it was a long cherished desire of the people of Chittagong. In a statement he...

AL-backed panel wins JU deans poll

2010-01-22 00:00:00

JU Correspondent JAHANGIRNAGAR UNIVERSITY, Jan 21: Awami League-backed teachers' forum won full panel in the dean election of Jahangirnagar University (JU) defeating the Nationalist Teachers' Forum.The election to the deans for four faculties of JU was held Thursday.Prof Ausit Baran...

BCL vows to resist terrorism at DU

2010-01-22 00:00:00

DU CorrespondentBangladesh Chhatra League (BCL) demonstrated on the Dhaka University (DU) campus Thursday protesting 'strike, terrorism and anarchism' by Jatiyatabadi Chhatra Dal (JCD) at the university.Hundreds of BCL leaders and activists from different residential halls of DU joined the protest...

Climate issues: Maldives to work under Dhaka's leadership

2010-01-22 00:00:00

The Maldives government intends to address the global climate-change issues under the leadership of Bangladesh, as both are the most vulnerable countries to climatic calamities."The Maldives wants to work with Bangladesh on climate-change issues," newly appointed High Commissioner of the...

HC to hear Zia Trust case petitions on Jan 24

2010-01-22 00:00:00

The High Court (HC) has set January 24 to hear the petitions filed by BNP Chairperson Khaleda Zia and her son Tarique Rahman for staying proceedings of Zia Orphanage Trust case.

Government urged to take steps to increase wages of tea workers

2010-01-22 00:00:00

Speakers at a book launching ceremony urged the government to take proper steps for increasing the wages of tea workers to help improve their poverty-stricken life, reports UNB.They said the maximum daily wage of a tea worker at present is...

New int'l airport to be constructed outside Dhaka: Quader

2010-01-22 00:00:00

A new international airport would be constructed outside the city to reduce the pressure on the Zia International Airport, minister for Civil Aviation and Tourism Ghulam Mohammad Quader informed the House Thursday, reports BSS.Responding to a query from treasury bench...

Women workers' migration ups 6.63pc in '09

2010-01-22 00:00:00

Mashiur RahamanMigration of the country's women workers increased by 6.63 per cent in 2009 though the overall overseas employment in the year witnessed a fall of 46 per cent due to the global recession, overseas employment ministry source said.At the...

WB to provide $150m for ultra poor job scheme

2010-01-22 00:00:00

FE ReportThe World Bank has assured the government of providing US$150 million for implementing employment generation schemes, a cash-based programme for the ultra poor.The World Bank Thursday said it would evaluate government efficiency in programme execution and transparency before committing...

Govt seeks US assistance for building another Kaptai dam

2010-01-22 00:00:00

The government sought assistance from the USA for building another dam in Kaptai for increasing hydropower generation from the lake in Rangamati. State minister for Environment Dr Hasan Mahmud sought the help when US principal deputy assistant secretary of state...

BCI chief hails BERC decision

2010-01-22 00:00:00

Bangladesh Chamber of Industries (BCI) President Shahedul Islam recently hailed the decision of Bangladesh Energy Regulatory Commission (BERC) to install equipment for rectifying anomalies in power load factors.BERC will have to invest a lot of fund to install the equipment...

12 men of Taj terror group held

2010-01-22 00:00:00

FE ReportTwelve alleged accomplices of top terror Taj, a notorious killer, were arrested along with firearms from Bhasantek and Pallabi in the city Wednesday, RAB sources said.Acting on a tip-off, a team from RAB-4 unit raided the localities and arrested...

Dramatist Sayeed Ahmed dies

2010-01-22 00:00:00

Drama personality Sayeed Ahmed died of old age complications in the city Thursday. He was 84.In a condolence message, Information and Cultural Affairs Minister Abul Kalam Azad and state minister for Cultural Affairs Advocate Promod Mankin expressed their deep shock...

WB estimates economic growth downward to 5.9pc in FY '09

2010-01-22 00:00:00

FE Report The World Bank (WB) in its Global Economic Prospects (GEP) had estimated Bangladesh's economic growth downward to 5.9 per cent in FY 2009, saying that it would continue to slide to 5.5 per cent in FY 2010, from...

GP propels DSE index over historic 5000-mark

2010-01-22 00:00:00

FE ReportA Grameenphone gain of 7.71 percent thrust the Dhaka Stock Exchange (DSE) benchmark index above historic 5000 mark on Thursday.Grameenphone, the country's largest mobile operator and accounts for more than 16 per cent of the total market capitalisation, gained...

Biswa Ijtema begins today

2010-01-22 00:00:00

GAZIPUR, Jan 21 (UNB): Biswa Ijtema, a three-day Islamic congregation, begins on the bank of the Turag River at Tongi tomorrow (Friday) with the participation of devotees from home and abroad.Around 25,000 foreign pilgrims from 100 countries of the world...

MCCI for strategy to entice banks to voluntarily cut lending interest rates

2010-01-22 00:00:00

FE ReportThe Metropolitan Chamber of Commerce & Industry (MCCI), one of the country's leading trade promotion bodies, stated Thursday that that maintenance of administered ceilings on interest rates for too long might lead to deprivation on the part of the...

Farmers to get cash booster to buy agri-equipment

2010-01-22 00:00:00

FHM Humayan KabirThe government would provide Tk 1.20 billion in cash incentives to the farmers for procuring farm machinery in order to reduce post-harvest losses of crops, estimated at 14 per cent of total production, officials said Thursday.Agriculture ministry officials...

SC reviews killers death sentences Sunday

2010-01-22 00:00:00

The analogous hearing on the fate-deciding review petitions filed by the five condemned killers of Father of the Nation Bangabandhu Sheikh Mujibur Rahman against Supreme Court reaffirmation of the death sentences will take place Sunday, reports UNB.As chief state counsel...

TCB to get tax benefit to supply essentials at fair prices

2010-01-22 00:00:00

Doulot Akter MalaThe government is set to give tax benefit to Trading Corporation of Bangladesh (TCB) to help the state-owned entity supply essential commodities at reasonable prices in the local market. Presently, TCB has to pay 6.25 per cent tax...

Govt invites PQ tender to build 2nd Dhaka-Ctg Highway

2010-01-22 00:00:00

FE ReportThe government has taken a move to invite pre-qualification (PQ) tender from national and international investors to construct the proposed second Dhaka-Chittagong Highway under public-private-partnership (PPP).Roads and Highways Department (RHD) issued the international notice Thursday, inviting proposals for two...