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Sugar output may rise next year on higher price

2009-11-06 00:00:00

MELBOURNE, Nov 5 (Bloomberg): Global sugar production may increase in the second half of 2010, driven by higher prices and improved weather conditions, JPMorgan Chase & Co said.Output may rise to 165 million tonnes in 2010, compared with consumption of...

UN evacuates hundreds of staff from Afghanistan

2009-11-06 00:00:00

KABUL, Nov 5 (Agencies): The United Nations said Thursday it would temporarily evacuate hundreds of its international staff from Afghanistan due to deteriorating security, a sharp blow for Western efforts to stabilize the country.Spokesman Aleem Siddique said the United Nations...

US strike kills 5 in Pakistan

2009-11-06 00:00:00

MIRANSHAH, Nov 5 (AFP): Suspected US missiles killed five in Pakistan's Al-Qaeda-infested tribal belt Thursday, not far from where 30,000 troops are battling a major offensive against homegrown Taliban.The attack, which Pakistani officials said was carried out by a US...

Breast cancer changes with spread

2009-11-06 00:00:00

Nearly 40pc of breast cancer tumours change form when they spread, a UK study shows, reports BBC.The researchers say this could mean that patients require changes to their treatment regime.They analysed 211 tumours which had spread to the lymph nodes...

news digest

2009-11-06 00:00:00

Hezbollah denies link to arms ship seized by IsraelBEIRUT, Nov 5 : Lebanon's Hezbollah guerrilla group denied Thursday any connection with a shipment of weapons that Israel said it had intercepted on the high seas. Israeli officials said on Wednesday...

IFC supports private sector growth, investment climate reform

2009-11-06 00:00:00

FE ReportIFC, a member of the World Bank Group, has pledged to increase its investments and advisory services in Bangladesh to help the country strengthen its private sector, create jobs, and better mitigate climate change.During her official visit to Dhaka,...

Mercantile Bank donates Tk 2.5m to cancer hospital

2009-11-06 00:00:00

Mercantile Bank Foundation handed over a cheque for Tk 2.5 million as donation to Ahsania Mission Cancer Hospital at a simple ceremony in the city Wednesday.Dhaka Ahsania Mission President Kazi Rafiqul Alam received the cheque on behalf of the organisation.Speaking...

ICB AMCL declares NAV of two unit funds

2009-11-06 00:00:00

The ICB Asset Management Company (AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), has declared the Net Asset Values (NAV) of its two unit funds, the company said in a statement.The total NAV of ICB AMCL Unit Fund stood...

CSE gets new CEO

2009-11-06 00:00:00

FE ReportDr. Mohammed Abdullah Mamun has joined Chittagong Stock Exchange (CSE) as Chief Executive Officer.Before joining CSE, Dr. Mamun worked as faculty of Business School in International Islamic University, Malaysia and Curtain University of Technology, Australia (offshore campus in Malaysia).Born...

Nat'l Bank wins ICMAB Best Corporate Performance Award

2009-11-06 00:00:00

FE ReportNational Bank Ltd has got the ICMAB Best Corporate Performance Award 2008 in the private banking category. The award is the testimony to transparency, accountability, good corporate governance and soundness of the bank.Md Abdur Rahman Sarker, managing director of...

Citi Microentrepreneurship Award ‘09 launched

2009-11-06 00:00:00

FE ReportCiti Foundation, the philanthropic arm of Citigroup, Thursday launched the Citi Microentrepreneurship Awards (CMA) programme for the fifth consecutive time in Bangladesh to recognise and honor leadership, entrepreneurial skills and best practices of individual micro entrepreneurs. This year the...

Trade suspension order on Arafat Securities lifted

2009-11-06 00:00:00

FE ReportThe Securities and Exchange Commission (SEC) Wednesday lifted trade suspension order on Arafat Securities Ltd taking into account of investors' interest.The securities regulator suspended trading of the brokerage house for one month on October 19 as Arafat was found...

Govt, entrepreneurs urged to work with Canadian cos

2009-11-06 00:00:00

FE ReportCanadian High Commissioner in Dhaka Robert McDougall Wednesday urged the government and the private entrepreneurs to explore the potentials of working with Canadian companies for expanding renewable energy projects in Bangladesh.He cited four specific areas - small hydro, small...

New industrial policy soon to attract local and foreign investors: Dilip

2009-11-06 00:00:00

Industries Minister Dilip Barua Thursday invited the Japanese investors to invest in Bangladesh's prospective sectors like textiles, leather goods, food processing and real estate, reports UNB."We will welcome the Japanese investors if they invest their capital in the country. We...

Overseas employment starts showing signs of recovery

2009-11-06 00:00:00

Mashiur RahamanOverseas employment has started showing 'signs of recovery' in October 2009, fuelled by job-surge in Middle East and North African countries as the impact of global recession starts easing, official said.A total of 43,334 Bangladeshi secured overseas employment last...

EBL to extend loans for solar power, treatment plants

2009-11-06 00:00:00

Eastern Bank Limited (EBL) has taken initiative to extend loans for setting up solar power, biogas and effluent treatment plants, said a press release.It is pledge in bound to promote solar power and alternate energy sources to face electricity and...

Dhaka Bank launches remittance banking in Comilla

2009-11-06 00:00:00

Dhaka Bank Limited (DBL) has recently launched a remittance banking in Comilla with the assistance of its partner PAGE Development Centre. The money will be remitted through Western Union Money Transfer. In this connection, the clients' get-together and traditional Mezban...

Naeem pulls off a sensational win for Bangladesh

2009-11-06 00:00:00

CHITTAGONG, Nov 5 (BSS): All rounder Naeem Islam with a priceless unbeaten 73 pulled back Bangladesh from the jaw of defeat to hand them a sensational one wicket win over Zimbabwe in the 5th One-day International at Zohur Ahmed Chowdhury...

Watson, Marsh take Australia to 350

2009-11-06 00:00:00

The fire and ice combination of Shane Watson and Shaun Marsh took Australia to a huge total on a true and flat Hyderabad pitch. Watson provided the early impetus, converting a conservative start into a boundary-fest towards the end of...

Gopibagh FA, Jatrabari KC, Jamal Dhanmondi advance

2009-11-06 00:00:00

Gopibagh Friends Associa-tion, LT SK Jamal Dhanmondi Club Ltd and Jatrabari KC won their match of the First Division Cricket League in the city Thursday, reports UNB. Gopibagh Friends Associa-tion (64/2 in 18.2 overs) posted an eight-wicket win over Uttara...

Federer reaches quarterfinals at Swiss Indoors

2009-11-06 00:00:00

BASEL, Switzerland, Oct 5 (AP): Roger Federer reached the quarterfinals of the Swiss Indoors by beating Andreas Seppi of Italy 6-3, 6-3 Wednesday.The three-time defending champion was solid on serves to make it six matches against the 51st-ranked Seppi without...

Div II Chess League Muktijoddha emerge champions

2009-11-06 00:00:00

Muktijoddha Sangsad KC emerged champions in the Philosophia 2nd Division Chess League with one round in hand securing 16 points after beating Royal Electronics by 2.5-1.5 points in the 8th round match at the Chess Federation Thursday, reports UNB.Nebula Chess...

JS body recommends law to check environ pollution

2009-11-06 00:00:00

The Parliamentary Standing Committee on Environment and Forests has recommended enacting a law with a provision of penalising the offenders to check environmental pollution by individuals or organisations, reports UNB. Held at Jatiya Sangsad Bhaban Thursday, the meeting discussed different...

Work on Digital Bangladesh on: Information minister

2009-11-06 00:00:00

Information Minister Abul Kalam Azad has said the electoral pledges to build Digital Bangladesh by 2021 had installed Awami League to power with a huge majority and steps were now underway to fulfil the promise."We promised to build a digital...

JS passes Public Procurement (second amendment) Bill-2009

2009-11-06 00:00:00

The Public Procurement (second amendment) Bill-2009 was passed in the Jatiya Sangsad Thursday to ensure transparency and accountability in buying goods, works and services with public money.Planning Minister Air Vice Marshall (retd) AK Khandakar proposed that the bill in an...

Capturing radio station part of killers' intrigue: state counsel

2009-11-06 00:00:00

Anisul Haque, chief counsel for the state in the appeal hearing on Bangabandhu murder case, in his last day's submission Thursday stated that capturing the radio station after operation in Bangabandhu Bhaban is an integral part of the conspiracy of...

Police nab BCL central leader

2009-11-06 00:00:00

NARSINGDI, Nov 5 (UNB): Vice President of Bangladesh Chhatra League (BCL) central unit SM Qaiyum was arrested from his residence in the district town early Thursday.The police said they arrested Mr Qaiyum from his residence at Paschim Kandapara of the...

BDR push back 58 Myanmar nationals

2009-11-06 00:00:00

RANGAMATI, Nov 5 (BSS): Members of Bangladesh Rifles (BDR) pushed back 58 Myanmar nationals through Ashartali-Chakdhala frontier under Naikhyongchhari Upazila of Bandarban district between Tuesday and Wednesday, sources said. Of them, Roangchhari police arrested 38 people while Alikadam and Lama...

RAB nab JMB men with pistols

2009-11-06 00:00:00

BENAPOLE (Jessore), Nov 5 (UNB): Rapid Action Battalion (RAB), in a drive Wednesday night, arrested two JMB cadres along with two pistols at Navaran on the Jessore-Benapole Road in Sharsha Upazila.The arrested were identified as Shimul (26), son of Mr...

Call to protect N-region from desertification

2009-11-06 00:00:00

RAJSHAHI, Nov 5 (BSS): Speakers at a climate change awareness programme urged the developed countries to stop playing unconventional acts in the current climate negotiations and to support the stand of most vulnerable countries.They also laid emphasis on the conscious...