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Call rate remains stable

2009-09-11 00:00:00

FE Report The inter-bank call money rate remained almost stable Thursday as there was injection of fresh funds by the central bank in the market ahead of the Eid-ul-Fitr, treasury officials said. The call rate ranged between 2.50 per cent...

Singer sponsors unmanned railway level crossing in Tangail

2009-09-11 00:00:00

Singer Bangladesh Limited as part of its corporate social responsibility has sponsored an unmanned railway level crossing in Tangail, said a press release. The sponsorship for appointment of three guards at Bohontoli level crossing under Mirzapur Upazilla in Tangail will...

EBL opens ATM booth at Gulshan

2009-09-11 00:00:00

FE ReportEastern Bank Ltd (EBL) has opened its new ATM booth at Gulshan-2 in the city recently.This is the 46th ATM booth of the bank, according to a press release.Acting Managing Director and Chief Executive Officer (CEO) of the bank...

Shariful Islam new AMD of Nat'l Bank

2009-09-11 00:00:00

FE ReportAFM Shariful Islam has joined National Bank Ltd as additional managing director (AMD) recently.Prior to this, he was chief executive officer of the Dhaka Stock Exchange Ltd, according to a press release.

Groupe Danone exploring strategy for India

2009-09-11 00:00:00

FE Report Groupe Danone, the $18-billion French dairy company, is understood to be exploring a strategy for India which will leverage on its experience in Bangladesh, according to an Indian newspaper report. One of the things Danone is studying is...

Banglalink, DBBL sign agreement

2009-09-11 00:00:00

FE ReportBanglalink and Dutch Bangla Bank Ltd (DBBL) have recently signed an agreement to enable nationwide banking services to Banglalink. Under this agreement, Banglalink distributors will be able to deposit cash or other monetary instruments at any DBBL branch office...

IPO Diary

2009-09-11 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...

N Korea eyes fruitful ties with next Japan PM

2009-09-11 00:00:00

TOKYO, Sept 10 (Reuters): North Korea's nominal No 2 leader has called for "fruitful relations" with Japan's next prime minister, Yukio Hatoyama, but ties will depend on how Tokyo tackles issues such as compensation for Japan's 1910-1945 colonial rule, Kyodo...

Bomb in Iraq Kurdish village kills 20

2009-09-11 00:00:00

MOSUL, Sept (Reuters): A suicide bomber drove a truck packed with explosives into a Kurdish village in north Iraq before dawn Thursday, killing at least 20 villagers and wounding 27, Iraqi police said.The blast in the village of Wardek, about...

Obama issues bold demand for health care action

2009-09-11 00:00:00

WASHINGTON, Sept 10 (AFP): President Barack Obama demanded action now from Congress to fix a health system reduced to "breaking point," vowing to end the moral taint that deprives millions of Americans of treatment.In a bold bid to assert leadership...

news digest

2009-09-11 00:00:00

Venezuela recognises Georgia rebel regionsMOSCOW, Sept 10: Venezuelan President Hugo Chavez Thursday said he was recognising the pro-Russian rebel regions of Abkhazia and South Ossetia as independent states, a boost to Moscow's campaign for their international acceptance. Chavez told Russian...

Maradona’s woes deepen after Paraguay defeat

2009-09-11 00:00:00

MONTEVIDEO, Sept 10 (AFP): The chances of two-time World Cup champions Argentina failing to make the World Cup finals for the first time since 1970 shortened on Wednesday as they were beaten 1-0 by Paraguay in Asuncion which saw the...

BCB agrees to ECB's proposal

2009-09-11 00:00:00

Bangladesh Cricket Board (BCB) has agreed to the request of England Cricket Board (ECB) for playing in the first-ever day-night Test during the Tiger's tour in England in May-June next year, reports BSS. This major decision was taken at BCB's...

Major decisions taken at 10th meeting of BCB

2009-09-11 00:00:00

A number of major decisions were taken in the 10th Bangladesh Cricket Board (BCB) Board meeting by its Directors at the board room of the Sher-e-Bangla National Stadium Wednesday, reports BSS.Chairman of Media and Communications Committee Mohammed Jalal Yunus informed...

Expected results in SA games be hindered, says BWF President

2009-09-11 00:00:00

The expected results in Weightlifting event in the coming South Asian Games scheduled for January 2010 in Bangladesh may be hindered due to lack of facilities, reports BSS.This was disclosed by President of Bangladesh Weightlifting Federation (BWF) Wing Commander (retd)...

Tk 80b disaster management plan taken: Food Minister

2009-09-11 00:00:00

The government has undertaken a long-term programme involving about Tk 80 billion (8,000 crore) for effective disaster management and reducing risks and losses.Food and Disaster Management Minister M Abdur Razzak disclosed this as the chief guest at a national workshop...

Garment workers submit memo to labour ministry

2009-09-11 00:00:00

FE ReportThe country's garment workers submitted a memorandum to the ministry of labour Thursday demanding festival bonus and all outstanding arrears within September 16.The leaders of Bangladesh Garment Workers Unity Council (BGWUC) urged the factory owners to pay festival bonus...

Hartal callers trying to harm the country: Ashraf

2009-09-11 00:00:00

Government spokesman Syed Ashraful Islam has said those who called hartal on September 14 on the pretext of protecting the country are instead trying to harm the country. The LGRD and cooperatives minister's comment came after the National Committee on...

Sahara denies deterioration of law and order

2009-09-11 00:00:00

Minister for Home Affairs Sahara Khatun Thursday rejected the allegation that the overall law and order has deteriorated in the country saying, the government is handling the situation quite effectively besides preparing an anti-terrorism strategy to combat terrorism.Replying to different...

JS body finalises two insurance bills

2009-09-11 00:00:00

FE ReportThe parliamentary standing committee on finance has finalised two insurance bills -- The Insurance Act 2009 and The Insurance Regulatory Authority Act 2009 -- and it is expected to be passed in the current session, Mr Kamal said at...

Arrest warrant against SQ Chy

2009-09-11 00:00:00

TANGAIL, Sept 10 (UNB): An arrest warrant was issued Thursday against BNP lawmaker Salahuddin Quader Chowdhury in a treason case filed here for his reported subversive comments in his recent salvo.Judicial Magistrate Mohammad Wayez Al Baruni of the cognisance court...

BR's low-cost transportation can reduce vegetable price in Dhaka

2009-09-11 00:00:00

RANGPUR, Sept 10 (BSS): Low-cost carrying of vegetables by intercity trains with two luggage vans in each from the northern districts to the capital since February, has been gradually becoming popular to arrest price spirals in the capital city in...

ADB to give $55m loan for small scale water services

2009-09-11 00:00:00

FE Report The Asian Development Bank (ADB) and the government of Bangladesh Thursday signed an agreement for a $55 million soft loan to improve small scale water services that will help cut rural poverty, improve food crop production, increase access...

Criminal killed in shootout

2009-09-11 00:00:00

FE Report A close accomplice of notorious Jissan was killed in a shootout between RAB and a group of criminals at Rampura in the city early Thursday, the police said.An officer of Rampura police station said Kamrul Islam alias Miah...

Developer firm accused of plotting to grab land

2009-09-11 00:00:00

FE ReportA property developer firm has been accused of trying to grab land issuing death threat to the concerned land owner in the city.Md Mahbub Hasan, a resident of the city's Kathal Bagan area, filed a general diary (GD) with...

Recent floods damage crops worth Tk 1.367b in RAZ

2009-09-11 00:00:00

RANGPUR, Sept 10 (BSS): The recent flash floods damaged standing crops including T-Aman and vegetables worth Tk 1.367 billion in Rangpur Agriculture Zone (RAZ), official sources in the Department of Agriculture Extension (DAE) said Monday. According to DAE sources in...

Qulkhwani of Saifur today

2009-09-11 00:00:00

FE Report Qulkhwani of former finance minister and veteran BNP leader M Saifur Rahman will be held at 5pm today (Friday) at Gulshan Central (Azad) Mosque.His sons M Naser Rahman, M Kaisar Rahman, M Safiur Rahman and daughter Saifa Siddique...

RAB seizes 4 sacks of rotten dates, arrests one

2009-09-11 00:00:00

RAJSHAHI, Sept 10 (UNB): Rapid Action Battalion (RAB) personnel in an anti-adulteration drive Thursday seized four sacks of rotten dates from the shop of one Jahangir at Saheb Bazar in the city.The law-enforcers also arrested Bipul, son of the shop...

BSF kills Bangladeshi cattle trader

2009-09-11 00:00:00

LALMONIRHAT, Sept 10 (UNB): Indian Border Security Force (BSF) shot dead a Bangladeshi cattle trader along Burimari border in Patgram Upazila Thursday.The victim was identified as Waliur Rahman (22), son of Hedol Mohammad of Auliarhat village of Patgram Upazila.Local sources...

Child trafficker held

2009-09-11 00:00:00

COMILLA, Sept 10 (UNB): Rapid Action Battalion (RAB) personnel arrested a child trafficker and rescued two children from a hotel in the district town Tuesday.