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Stock prices of cement sector companies mark upward rise

2009-11-23 00:00:00

FE ReportStock prices of cement sector companies in the country's stock market in recent days marked an upward rise on the back of government plans to embark on some big civil engineering projects in Bangladesh, including the Padma Bridge.As a...

Prime Bank gets 'Best Bank in South Asia' award

2009-11-23 00:00:00

FE ReportPrime Bank (PB) Ltd has been awarded the 'Best Bank in South Asia' in terms of the best presented accounts in 2008 by the South Asian Federation of Accountants (SAFA)."Prime Bank won the best bank award among the SAARC...

Southeast Bank opens 2nd SME centre in Ctg

2009-11-23 00:00:00

FE Report Southeast Bank Limited (SEBL) has recently opened its second SME Service Centre at Lohagara in Chittagong for expanding network in the region, said a press release. SEBL Senior Executive Vice-president (SEVP) and head of Information Technology (IT) Division...

Pubali Bank opens 374th branch at Chandpur

2009-11-23 00:00:00

FE Report Pubali Bank Limited opened its 374th branch at Chengarchar in Chandpur district with a view to providing modern banking services to its clients, said a press release. Pubali Bank Director Giashuddin Ahmed inaugurated the branch as the chief...

Alif Assets new AMC

2009-11-23 00:00:00

FE ReportAlif Assets Management Limited recently received licence from the Securities and Exchange Commission to operate as an Asset Management Company (AMC) in the country's stock market, said the company Sunday.The company, an arm of the Alif Group, was run...

EXIM Bank inaugurates Bohaddar Hat branch

2009-11-23 00:00:00

EXIM Bank inaugurated its 47th branch at Bohaddar Hat, Chittagong Sunday. Director of EXIM Bank Mohammad Abdullah was present as the Chief Guest and inaugurated the branch.Managing Director Kazi Masihur Rahman presided over the inauguration programme. Members of the Board...

Excess liquidity in banks, a transitory trend: Mashiur

2009-11-23 00:00:00

FE Report Mashiur Rahman, adviser to the prime minister on economic affairs, Sunday said excess liquidity in the banks will not last much longer, as it is mainly because of the fall in investment. "I think this a temporary phenomenon...

Fresh investments almost stagnant amid uncertainty: BOI boss

2009-11-23 00:00:00

FE ReportThe country is facing a sort of stagnancy in fresh investments as the private sector is reluctant to come up with fresh investment amid an uncertainty, Dr SA Samad, executive chairman of the Board of Investment, Sunday."Everybody is trying...

Citibank links up with automated clearing house

2009-11-23 00:00:00

Citibank, N.A. Bangladesh has successfully completed the first round of testing of cheque processing through Bangladesh Automated Clearing House (BACH).Citibank has also recently organised a seminar for its valued clients highlighting the key features and benefits of BACH.Commenting on this,...

Eight students get Bank Asia higher studies scholarship

2009-11-23 00:00:00

FE ReportEight meritorious students of Tarail in Kishoreganj Saturday received higher studies scholarship of Bank Asia Limited as part of the bank's corporate social responsibility, said a press release. Bank Asia Senior Executive Vice-president (SEVP) Irteza Reza Chowdhury was present...

AIMS declares NAV of three unit funds

2009-11-23 00:00:00

Asset and Investment Management Services (AIMS) of Bangladesh Limited has declared the Net Asset Values (NAV) of its three unit funds, said a press release.AIMS First Guaranteed Mutual Fund: The NAV of AIMS First Guaranteed Mutual Fund stood at Tk...

Small investors form human chain in city

2009-11-23 00:00:00

FE ReportThe small investors formed a human chain in front of the Dhaka Stock Exchange (DSE) Sunday demanding restoration of the margin loan facilities and implementation of the High Court verdict on mutual funds. The protestors called upon the SEC,...

AI asked not to make request to commute death sentence on Bangabandhu killers

2009-11-23 00:00:00

Amnesty International (AI) has been asked to refrain from making request for commuting the death sentence on the former army officers convicted of the murder of Bangabandhu Sheikh Mujibur Rahman and most of his family members.Chief State Counsel Anisul Huq...

Govt to amend Copy Right Act

2009-11-23 00:00:00

The government has taken steps to amend the Copy Right Act 2006 to prevent production and exhibition of obscene films and stop video piracy.Information Secretary Kamal Abdul Naser Chowdhury disclosed this Sunday while speaking at an inter-ministerial meeting, reports BSS.He...

HC adjourns hearing on Madaripur 'crossfire' victims

2009-11-23 00:00:00

The High Court (HC) has adjourned until December 9 the hearing of a suo moto rule issued on the government and Rapid Action Battalion (RAB) to explain the killing of two brothers in Madaripur. The Bench of Justice AFM Abdur...

BCL men hurt two DU journos

2009-11-23 00:00:00

DU CorrespondentLeaders and activists of Bangladesh Chhatra League (BCL) beat up two journalists and a leader of Islami Chhatra Shibir (ICS) on the Dhaka University (DU) campus Sunday. The injured journalists- DU Reporter of the UNB Saiful Islam Jewel and...

BNP sweeps Joypurhat Bar election

2009-11-23 00:00:00

Our Correspondent JOYPURHAT, Nov 22: Mr Motiour Rahman and Mr Rofiqul Islam Tarun of the BNP-led alliance have been elected president and secretary respectively of Joypurhat Bar Samity. The election was held here recently.The Awami League-led alliance nominated candidate Biman...

President calls for effectively integrating every sector of economy with IT

2009-11-23 00:00:00

FE ReportPresident Md Zillur Rahman has called for effectively integrating every sector of economy with information technology (IT) to utilise ICT in broader economic development. At the same time, he has also pushed for better infrastructure and training facilities at...

PM asks for policy controlling river sand extraction

2009-11-23 00:00:00

Prime Minister (PM) Sheikh Hasina Sunday directed the authorities concerned to formulate a specific policy to control sand extraction from rivers, as unplanned sand extraction is harming the country's aquatic resources, reports UNB.She also gave directives to take immediate measures...

Muggers take away Tk 0.185m

2009-11-23 00:00:00

FE ReportArmed muggers took away Tk 0.185 million (Tk 1.85 lakh) from two employees of an electric goods shop after injuring them Sunday afternoon at Bangshal commercial area in the city, police said.An officer of Bangshal police station told the...

Bandit loots valuables from dy jailor's house

2009-11-23 00:00:00

Chittagong OfficeCHITTAGONG, Nov 22: A bandit has looted cash and valuables from the residence of a Deputy Jailor of Chittagong central jail Sunday. Kotwali police said, the bandit knocked the door of Deputy Jailor Tajul Islam's residence in the jail...

Flag Raising Ceremony of 403 Battle Group held

2009-11-23 00:00:00

The Flag Raising Ceremony of newly established 403 Battle Group and five units under its command was held at Momenshahi Cantonment in Mymensingh Sunday, reports UNB.Chief of Army Staff General Md Abdul Mubeen was present as the chief guest and...

Journalist Amjad dies

2009-11-23 00:00:00

Journalist Syed Amjad Husain passed away in his own residence on November 15, 2009, said a press release. He was associated with some dailies and periodicals as working journalist or columnist. He had edited Elan, the Bangla Journal of the...

BPDB employee dies in accident

2009-11-23 00:00:00

FE Report An employee of the Bangladesh Power Development Board (BPDB) was crushed under the wheels of a Dhaka bound bus at Tongi Sunday. The deceased was identified as Shafiqur Rahaman (49), a senior Stores Officer of the BPDP.He left...

Obituary

2009-11-23 00:00:00

FE ReportPir Moulana Tofael Ahammed of Oskhain Ali Nagar darbar sharif under Anwara thana of Chittagong died at 9:45am Sunday due to old-age complications.He was 77. He left behind his wife, five sons, three daughters, a number of grandchildren and...

Mohammedans record 8th successive win, Abahani taste 1st defeat

2009-11-23 00:00:00

Mohammedan SC recorded their 8th successive win while Abahani Limited tasted their first defeat in the Dhaka Premier Division Cricket League at separate city venues Sunday, reports UNB. In the day's matches, Mohammedan SC beat Surjo Tarun Club by 52...

South Africa grind to competitive 250

2009-11-23 00:00:00

Hashim Amla and Alviro Petersen lifted their side with a brace of half-centuries but South Africa's anticipated batting onslaught failed to materialise as England's varied seam attack restricted them to a manageable total of 250 for 9 in their 50...

PCB chief wants Younis to return

2009-11-23 00:00:00

ISLAMABAD, Nov 22 (AP): Pakistan Cricket Board chief Ijaz Butt has urged Younis Khan to quickly end his hiatus from the national team and play against Australia in the three-test series next month.Former captain Younis is on a break from...

Injured Messi doubtful for Barcelona's Inter match

2009-11-23 00:00:00

BARCELONA, NOV 22 (AP): Lionel Messi is in doubt for Barcelona's Champions League match against Inter Milan on Tuesday due to a leg injury.The Argentina forward was substituted in the 75th minute of Barcelona's 1-1 draw at Athletic Bilbao on...

BBF opens 'knowledge centre'

2009-11-23 00:00:00

Bangladesh Brand Forum (BBF) has launched its innovative project "knowledge centre" at its premises in the city recently for advancing knowledge with the assistance of vast resources of business wisdom, said a press release.The long-waiting knowledge centre, an initiative of...