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Trust Bank MF lottery draw held

2010-01-05 00:00:00

FE ReportThe lottery draw for Trust Bank First Mutual Fund initial public offering was held at the Bangabandhu International Conference Center on Sunday.Mohiuddin Khan Alamgir MP, chairman of the parliamentary standing committee on public undertakings, was present at the ceremony...

City Bank launches 17 more ATMs

2010-01-05 00:00:00

City Bank has recently launched 17 new ATMs at many important locations accross the country for more convenient withdrawal of cash with their VISA Debit Cards, VISA Credit Cards and American Express Credit Cards, according to a press release.The new...

Biman to receive first fuel-efficient Boeing 777-200ER

2010-01-05 00:00:00

Mashiur RahamanState-owned Biman Bangladesh Airlines is likely to receive its first fuel-efficient Boeing 777-200ER aircraft on January 15 to upgrade its fleet.The national flag carrier signed an agreement to procure two wide-body Boeing-777-200ER category aircraft from a Portuguese leasing company...

China trade team meets DCCI President

2010-01-05 00:00:00

A three member trade delegation from China led by China Council for the Promotion of International Trade Chairman Yunnan Sub-Council Li Jiashou called on Dhaka Chamber of Commerce and Industry (DCCI) President Abul Kasem Khan at DCCI in the city...

Citi Global MD arrives in city

2010-01-05 00:00:00

FE ReportMark Renton, managing director (MD) and global co-head of public sector group, Citi Global Banking, arrived in Dhaka Monday for a two-day visit. During his stay in the city, he is scheduled to meet key government officials, regulators, major...

United Airways resumes Kathmandu flight

2010-01-05 00:00:00

United Airways (BD) Limited started its Dhaka-Kathmandu operation Monday with a 155-seater MD-83 aircraft, reports UNB.United Airways currently operates its flights from Dhaka to London, Dubai, Kuala Lumpur, Kolkata, Chittagong, Jessore, Sylhet and Cox's Bazar, and also from Chittagong to...

Dhaka Bank signs term loan deal with Bangladesh Bank

2010-01-05 00:00:00

Dhaka Bank Limited signed an agreement of Tk 423.20 million (42.32 crore) for term loan with Bangladesh Bank (BB) at BB head office in the city recently, according to a press release.The agreement is under financing from Investment Promotion and...

Sweden to buy small ships from Bangladesh

2010-01-05 00:00:00

Sweden is willing to buy small ships from Bangladesh apart from investing in prospective medicine, lather and textile sectors, reports UNB. Swedish Ambassador in Dhaka Britt F Hagstrom met Industries Minister Dilip Barua at his office Monday.The Swedish entrepreneurs are...

National Life Ins signs deal with SSL Wireless

2010-01-05 00:00:00

National Life Insurance Company Limited (NLICL) has recently signed an agreement with SSL Wireless to open mobile insurance service for customers, according to a press release.National Life Insurance Company Limited Managing Director Ekramul Ameen and SSL Wireless Managing Director Sayeeful...

Jamuna Bank opens Chapainawabgonj SME branch

2010-01-05 00:00:00

Jamuna Bank Limited Director has recently opened its Chapainawabgonj SME branch on Zeelim Road, Indara in Chapainawabgonj, said a press release. Jamuna Bank Director MA Khayer inaugurated the branch while its Managing Director Md Motior Rahman presided over the function.Jamuna...

Marico inducts independent non-executive directors

2010-01-05 00:00:00

FE Report Marico Bangladesh Ltd (MBL), a subsidiary of fast moving consumer goods (FMCG) company in the country, has recently announced the appointment of two independent non-executive directors- Ghulam Mostafa and Rupali Chowdhwry- to its board of directors.Mr Mostafa is...

KM Ali new CEO of Partex (Complex 1)

2010-01-05 00:00:00

FE Report KM Ali has been appointed chief executive officer (CEO) of Partex (Complex 1) recently, according to a press release.Partex (Complex 1) includes Star Particle Board Mills, Partex Furniture, Partex Laminates and Corvee Maritime Co. Mr Ali started his...

Suinupru, Kanika win Nache Gane No-1

2010-01-05 00:00:00

Suinupru Marma and Kanika won adolescent talent hunt 'Nache Gane No 1' organised by BRAC, to create a wider scope for adolescents in collaboration with BRAC Bank Limited and ETV. The prize giving ceremony was held at the National Museum...

End politics of conflict: President

2010-01-05 00:00:00

President Zillur Rahman Monday sought an end to "politics of conflict" as he made a clarion call from parliament urging the absentee opposition to play its due role in the process of national development and policymaking as well as achieving...

Name of Bangabandhu, BCL part of nation's history: PM

2010-01-05 00:00:00

Prime Minister (PM) Sheikh Hasina Monday said that the name of Father of the Nation Bangabandhu Sheikh Mujibur Rahman and Bangladesh Chhatra League (BCL) were a part of the history of the nation, reports UNB."If anyone wants to write the...

Shafique favours ban on religion-based parties

2010-01-05 00:00:00

Law Minister Shafique Ahmed has said the ban on religion-based parties will remain in force with the Appellate Division upholding the verdict that High Court (HC) had delivered by rejecting the Fifth Amendment to the constitution. The minister, however, said...

Court grants CID 76 more days for probe report

2010-01-05 00:00:00

CHITTAGONG, Jan 4 (UNB): The Criminal Investigation Department (CID) has been allowed 76 more days for reporting the findings in the long-drawn investigation into the sensational case of 10-truck arms haul in the port city.Metropolitan Sessions Judge Bhabani Prashad Singha...

Indo-Bangla free trade deal likely by 2011

2010-01-05 00:00:00

NEW DELHI, Jan 4 (BSS): Bangladesh and India are planning to sign a free trade agreement as early as 2011. Trade between the two countries is likely to grow fourfold in about five years once the pact is in place,...

BCL celebrates 62nd founding anniversary

2010-01-05 00:00:00

DU Correspondent Bangladesh Chhatra League (BCL) has celebrated its 62nd founding anniversary with a pledge to work together to build 'Sonar Bangla' as dreamt by Bangabandhu Sheikh Mujibur Rahman.The incumbent and former BCL leaders and activists from different campuses joined...

PM for continuing peace, prosperity like govt's 1st year

2010-01-05 00:00:00

Prime Minister (PM) Sheikh Hasina Monday reaffirmed her own and her government's strong commitment to continue the trend of peace and prosperity in the coming years like the first year of the present democratic government, reports UNB.She made the pledge...

Warm clothes sent for cold-hit people

2010-01-05 00:00:00

The government dispatched 150,000 blankets and two other consignments of warm clothes for cold- stricken people across the country, particularly in the north, reports UNB. Of the blankets, 140,000 pieces have been allocated from the Ministry of Food and Disaster...

Nahid hailed for timely distribution of books among students

2010-01-05 00:00:00

National Association of UNESCO Clubs in Bangladesh thanked Education Minister Nurul Islam Nahid for unprecedented success of the government for timely distribution of new books among primary-secondary students at the beginning of new academic year, reports UNB.In a statement, Mahbubuddin...

Threats hound journalist over house allotted in 1967

2010-01-05 00:00:00

Fazlur Rahman Unknown criminals have continued to threaten former Executive Editor of the Bangladesh Observer Abdur Rahim with dire consequences, even death, as the eminent journalist is fighting a court case to save his residence in the capital.Abdur Rahim, also...

Two-member ICIEC team in city

2010-01-05 00:00:00

FE ReportA two-member delegation from the Islamic Corporation for Insurance of Investments and Export Credits (ICIEC) arrived in Dhaka Monday to establish business relations with both private and public sector institutions involved in exports, banking and finance.The team comprises Zishan...

Nazrul Confce begins on Jan 16

2010-01-05 00:00:00

Our CorrespondentRAJSHAHI, Jan 4: A two-day 'Divisional Nazrul Conference' will begin at the Rajshahi Medical College (RMC) auditorium on January 16.This is the first such conference on National Poet Kazi Nazrul Islam organised by the Nazrul Institute outside the capital.

Production suspended at KHM

2010-01-05 00:00:00

Our CorrespondentKHULNA, Jan 4: The production of Khulna Hardboard Mills (KHM) has been suspended for 25 days due to shortage of raw materials and capital. The mill thus has already lost about Tk 5 million from its production sector and...

DUJ New Nation Unit election held

2010-01-05 00:00:00

The biennial meeting of the Dhaka Union of Journalists (DUJ), New Nation Unit, was held at its news room recently, says a press release. Outgoing unit chief Md Sahidul Islam presided over the meeting. Chief News Editor Hasanuzzaman Khan was...

Obituary

2010-01-05 00:00:00

FE ReportShafiqur Rahman Chowdhury (Shubha), a retired joint director of Bangladesh Bank died of old-age ailment Sunday.He was 73.Late Chowdhury, son of late Alhaj Abdur Rashid Chowdhury was buried at Moniandha under Akhaura Upazila in Brahmanbaria district on the day.He...

Obtains PhD

2010-01-05 00:00:00

Shahan Ara Begum, Principal, Ideal School and College, Motijheel, Dhaka has been awarded the PhD Degree in Physics from Bangladesh University of Engineering and Technology (BUET), for a thesis titled 'Growth and characterisation of some nonlinear optical single crystals from...

Dilshan masterminds easy victory against Tigers

2010-01-05 00:00:00

Tillakaratne Dilshan (104) and captain Kumar Sangakkara (74) made things look too easy as they strolled to a cakewalk seven wickets win over Bangladesh in the inaugural day-night match of the Tri-Nation Idea Cup 2010 at Sher-e-Bangla National stadium in...