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Baharul new Chairman of Sonali Bank

2009-09-13 00:00:00

Quazi Baharul Islam has recently been appointed chairman of Sonali Bank Limited (SBL), said a press release.Prior to this appointment, Mr Islam had served as Managing Director and Chief Executive Officer (CEO) in as many as five banks both of...

EBL corrigendum

2009-09-13 00:00:00

A photo caption and news of FE’s Friday’s issue inadvertantly mentioned the name of Ali Reza Iftekhar as Acting Managing Director & CEO of Eastern Bank Ltd. But as a matter of fact Ali Reza Iftekhar was not at all...

Canada stocks extend weekly gain

2009-09-13 00:00:00

TORONTO, Sept. 12 (Bloomberg): Canadian stocks rose, completing a second-straight weekly gain, as commodity producers rallied after industrial production in China and consumer confidence in the U.S. increased more than economists predicted.Goldcorp Inc., the second-largest gold producer in Canada, added...

Eid shopping gains momentum in Rajshahi

2009-09-13 00:00:00

RAJSHAHI, Sept 12 (BSS): With over a week left for Eid-ul-Fitr, the greatest Muslim religious festival, the Eid shopping has gained momentum here amid substantial supply of consumer goods and enthusiasm among shoppers. All the shops in the markets are...

Asia stocks rise on China Growth

2009-09-13 00:00:00

HONGKONG, Sept 12 (Bloomberg): Asian stocks rose 4.4 per cent in the week to the highest level in a year as the Group of 20 nations agreed on measures to shore up the financial system and China reported better-than-expected economic...

IPO Diary

2009-09-13 00:00:00

Grameenphone LimitedNature of BusinessGrameenphone Ltd. is the largest mobile telecommunications operator in BangladeshSubscription OpenOctober 4, 2009Subscription CloseOctober 8, 2009For Non resident BangladeshiOctober 4, 2009 to October 18, 2009Offer PriceTk 70.00Face ValueTk 10.00Market lot200 SharesSponsors Portion1,215,174,797 SharesSponsors PortionTk 12,151,747,970.00Initial Public Offering69,439,400...

Taxicab policy aims at making transport convenient

2009-09-13 00:00:00

Doulot Akter MalaThe government will incorporate a number of measures in its taxicab policy-2008 aiming to make the transport convenient to passengers and facilitate its service across the country, officials said Saturday.The policy also aims to resolve shortage of taxicabs...

Dhaka City AL calls for withdrawal of hartal

2009-09-13 00:00:00

Dhaka City Awami League (AL) has called for withdrawal of Monday's half-day hartal called by the National Committee to Protect Oil, Gas, Mineral Resources, Power and Ports.The call was made at an extended meeting of Dhaka City AL held at...

Drive to be launched to check pollution

2009-09-13 00:00:00

CHITTAGONG, Sept 12 (UNB): The government will soon set up offices of the Department of Environment (DoE) at district level to monitor the cases of environment pollution and hill cutting across the country."Works on setting up environment department offices at...

Experts see no risk in providing India port facility

2009-09-13 00:00:00

As Bangladesh and India have endeavoured a fresh and firm diplomatic initiative to reshape bilateral relations, experts have upheld the move and recommended a holistic approach, reaping maximum mutual benefits by removing all barriers, reports BSS. The recent joint statement...

Govt urged to ensure stronger leadership in WTO negotiations

2009-09-13 00:00:00

EquityBD, a forum of NGOs and Civil Society Organisations (CSOs), Saturday urged the government to ensure the country's stronger leadership in the WTO negotiations, reports UNB. The government should form a Least Developed Country Party (LDCP) in the forthcoming WTO...

JU VC for session jam and violence free campus

2009-09-13 00:00:00

SAVAR, Sept 12 (BSS): Vice Chancellor (VC) of Jahangirnagar University (JU) Shariff Enamul Kabir has expressed his desire to eradicate session jam and eliminate violence from the campus by ensuring a congenial atmosphere to practice education and carrying out research...

Diploma Nurses Assoc to hold elections by Dec 31

2009-09-13 00:00:00

FE ReportDiploma Nurses Association (DNA) has planned to hold elections of its central, district and branch levels by December 31, 2009.DNA Secretary General Shahjahan Hawlader announced this at a press conference held at Dhaka Reporters Unity Saturday."All diploma nurses have...

BSF kills two cattle traders along Dinajpur border

2009-09-13 00:00:00

DINAJPUR, Sept 12 (UNB): Indian Border Security Force (BSF) gunned down two Bangladeshi cattle traders along Sundora border in Sadar Upazila Saturday morning.The victims were identified as Ashraful Islam (40) of Julkapara village and Aminul (33) son of Rajjab Ali...

Combined efforts of all needed to tackle swine flu

2009-09-13 00:00:00

Experts at a views-exchange meeting Saturday stressed the need for combined efforts of all to tackle the spreading of swine flu, reports UNB."We shouldn't get panicked, as awareness can help us to stay away from the H1N1 virus," Dr M...

Govt to develop Dhopachhari forest as tourist spot

2009-09-13 00:00:00

CHITTAGONG, Sept 12 (BSS): The government is taking initiatives to develop the forest at Dhopachhari in Chandanaish, which possesses the country's biggest teak garden, and known as the Sundarbans of Chittagong.Work on a project to develop a botanical garden and...

Boat capsizes, one drowns

2009-09-13 00:00:00

NOAKHALI, Sept 12 (UNB): A fisherman drowned as a fishing boat capsized after collision with an oil-laden cargo vessel in the river Meghna near Nur Islam Char in Hatia Upazila early Saturday.The deceased was identified as Imran (40), of West...

Five robbers arrested

2009-09-13 00:00:00

KISHOREGANJ, Sept 12 (UNB): Five suspected robbers were arrested from Penjerkanda Haor area in Mithamoin Upazila Friday night.

Kandamby, Jayasuriya lift Sri Lanka to 307

2009-09-13 00:00:00

Given the initial thrust by Sanath Jayasuriya and rounded off by a superb innings from Thilina Kandamby, Sri Lanka set a lacklustre India a big target. In a manner that does not bode well for India ahead of Monday's final,...

Fired-up Lee blows away England

2009-09-13 00:00:00

Brett Lee's post-Ashes point-proving reached new heights at Lord's with an outstanding display of seriously quick bowling as he took 5 for 49 to blow England away for 220 with 3.4 overs unused. In a pattern that has become eerily...

Capello boosts Beckham's hopes of World Cup trip

2009-09-13 00:00:00

LONDON, Sept 12 (AP): England coach Fabio Capello has given a strong indication that David Beckham will make it to a fourth World Cup, hailing the former captain's ability to bring the squad together.The 34-year-old Beckham made his 114th international...

Michelle Obama to lobby for Chicago Olympics

2009-09-13 00:00:00

CHICAGO, Sept 12 (AFP): US President Barack Obama will send his wife Michelle to Copenhagen to lobby the International Olympic Committee on his hometown Chicago's 2016 bid next month, the White House said Friday. US Olympic officials had hoped the...

Asia Cup to be played in June

2009-09-13 00:00:00

CHENNAI, India, Sept 12 (Reuters): The 10th edition of the Asia Cup will be played from June 15-25 next year, the Asian Cricket Council (ACC) has announced. Defending champions Sri Lanka will be joined by India, Pakistan and Bangladesh in...

Sheikh Russell make flying start

2009-09-13 00:00:00

A brilliant hattrick by Mohammad Ronny steered Sheikh Russell KC to a flying start in the Citycell Federation Cup Football Tournament crushing Bangladesh Army by 8-1 goals at the Bangabandhu National Stadium Saturday, reports UNB.Ronny scored seasons' first hattrick netting...

Grouping of Premier Division Twenty20 Cricket League announced

2009-09-13 00:00:00

The Cricket Committee of Dhaka Metropolis (CCDM) today (Saturday) announced the grouping of the 12-team Metropolis Premier Division Twenty20 Cricket League for the 2009-2010 season, reports UNB.Defending champions Dhaka Mohammedan SC has been placed in Group A while runners-up Gazi...

A plan to boost memory power in ten days

2009-09-13 00:00:00

M A IslamIT is very unfortunate that we, humans, do not use the maximum of our brains. It is more unfortunate that we do not even try to use the power of brains, which has immense potentials to do great...

Record rise in import of scrap-vessels

2009-09-13 00:00:00

Jasim Uddin Haroon Import of scrap-ships doubled in the last fiscal year due to sharp fall in its prices in the international market boosting the supply of raw materials to the country's steel sector.Local importers purchased 2.2 million tonnes of...

Govt may amend PRSP

2009-09-13 00:00:00

FHM Humayan KabirThe government facing a fund shortage of Tk 1160.41 billion is going to amend the three-year poverty reduction strategy paper (PRSP), now under implementation.The PRSP, adopted in 2008, will be implemented by FY2011, officials said.Pledges made in election...

Gas supply hits record high as Titas boosts production

2009-09-13 00:00:00

M Azizur RahmanThe country's gas supply hit an all-time high at 2,000 million cubic feet (mmcf) Saturday as authorities ramped up production in a desperate move to meet soaring demands in power plants and industrial units.Petrobangla officials said the increased...

Import orders post 6.0pc rise in Aug

2009-09-13 00:00:00

FE Report The country's overall import orders increased by over six per cent in August this year over the previous month due mainly to the holy month of Ramadan, officials said. "The overall imports increased in the months of July...