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BB's positive move, good corporate results boost share prices

2009-08-01 00:00:00

FE ReportShare prices at the Dhaka Stock Exchange (DSE) saw an upward trend in the week that ended Thursday following good half yearly corporate performance reports and the central banks' positive move boosted the investors' confidence.The benchmark DSE General Index...

BERC extends time again for captive power plant licences

2009-08-01 00:00:00

FE ReportThe Bangladesh Energy Regulatory Commission (BERC) has once again extended the time for obtaining operating licenses by owners of captive/standby electricity generators for one month as nearly one-third of operators are yet to comply with the mandatory provision.It has...

JDPC plans Tk 450m credit for jute entrepreneurs

2009-08-01 00:00:00

Monira Begum MunniJute Diversification Promotion Centre (JDPC) has planned to launch a Tk 450-million credit scheme for helping the country's jute entrepreneurs diversify their product base, official sources said.Under the initiative, the credit will be disbursed among the aspiring jute-goods...

BB housing refinance fund running out

2009-08-01 00:00:00

The Bangladesh Bank Housing Refinance Scheme (BBHRS) faces uncertainty as its Tk 5.0 billion fund is going to be exhausted soon, dashing the dreams of many a low-income group people to have small homes of their own in capital Dhaka,...

Mostafa G Quddus re-elected Rupali Ins chairman

2009-07-31 00:00:00

Mostafa Golam Quddus was unanimously re-elected chairman of Rupali Insurance Company Limited at its 129th board of directors' meeting in the city recently.Former president of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Mostafa Golam Quddus is also managing director and...

Modern terminal at Cox's Bazar Airport recommended

2009-07-31 00:00:00

FE ReportThe Parliamentary Standing Committee has recommended the expansion of the runway of the Cox's Bazar Airport from 6,000 feet to 9,000 feet to enable wide-bodied aircraft to land and also the construction of a modern terminal building at the...

SIBL holds 201st board meeting

2009-07-31 00:00:00

FE Report Social Islami Bank Limited (SIBL) held its 201st board of directors meeting in the city recently, said a press release. SIBL Board of Directors Chairman Nasiruddin presided over the meeting. Also present in the meeting were, among others,...

Call money, forex mkt stable

2009-07-31 00:00:00

FE Report The call money rate remained unchanged Thursday while the US dollar was stable against the local currency in the inter-bank money market, treasury officials said. The call rate ranged between 0.10 per cent and 3.50 per cent on...

Jessore automobile cos seek govt help

2009-07-31 00:00:00

Automobile workshops in Jessore could be a major foreign currency earning sector if the government provides them with necessary funds and technical support in making world-class automobile bodies for both local and foreign clients. The workshop owners said this at...

Sonali Bank holds clients get-together

2009-07-31 00:00:00

Our CorrespondentBRAHMANBARIA, July 30: Sonali Bank Limited, Brahmanbaria Main branch, New Market branch, Medda branch, Ladies branch and Gokarna Ghat branch jointly arranged clients get-together on the occasion of "Foreign remittance fortnight-2009" on the Main branch premises recently. Senior Executive...

Bright business prospects in West Africa

2009-07-31 00:00:00

Sohel MahboobWest Africa is a great place to do business. The West African countries are huge, low in population and high in gross domestic product (GDP) (compared to Bangladesh) and they are endowed with an enormous amount of natural resources....

Food adulteration by chemicals and diseases

2009-07-31 00:00:00

Md. Mozzammel HaqueFOOD adulteration is the process of adding chemical substances with foods, which should not be contained within food and beverages. Chemical substances or simply adulterants may be internationally added to substances to reduce manufacturing costs, or for some...

Win-win Indo-Bangladesh bilateral relationship

2009-07-31 00:00:00

Mohammad Rafiqul IslamRelationship with India is important for Bangladesh in its greater interest. This is because India is Bangladesh's close-door neighbour and has high 'geo-political' importance in the sub-continent. Unfortunately, we have not been able to reap the benefit of...

Tigers win against West Indies

2009-07-31 00:00:00

BANGLADESH just won their first overseas Test series. Acting skipper Sakib al Hasan's unbeaten 96 off 97 balls made the four-wicket victory easy against the West Indies in Grenada in the second last. Sakib described the win as "the biggest...

What is their marker of distinction from a mob?

2009-07-31 00:00:00

In an unprecedented act of collective misdemeanour, 70-80 judicial cadre officials coming in six microbuses rushed through the secretariat gate, converged around law minister's chamber, raised a hell-fire, yelling names of some officials and insisted on meeting the minister to...

Inadequate facilities for higher education

2009-07-31 00:00:00

The result of the H.S.C exam'09 was published on 25th of July. We would like to congratulate all the successful students. This year the success rate came down a bit. But as usual, some known colleges have topped the list...

Digital process needs to be all embracing

2009-07-31 00:00:00

THE announcement of the results of public examinations has been digitalized. Thus, the result of the Higher Secondary Certificate (HSC) examination was published on July 25. The prime minister inaugurated the publication of this result by clicking the laptop. It...

Tender hijacking

2009-07-31 00:00:00

THE parliamentary standing committee has expressed its deep concern over the involvement of some politicians, allegedly belonging to the ruling party, in the offence of hijacking of tenders in many places of the country. Now it is the duty of...

There should be an end to repression, extra-judicial killings

2009-07-31 00:00:00

MINORITY repression and extra-judicial killings have not stopped in Bangladesh.But why? Now there is a democratic government. So, what and where is the problem to stop minority torture and extra judicial killings? Please let us all be united to fight...

N Korea seizes South's fishing boat

2009-07-31 00:00:00

SEOUL, July 30 (AP): North Korea seized a fishing boat from the South Thursday after it accidentally strayed into the North's waters, officials said, amid tensions on the peninsula over Pyongyang's nuclear programme.Seoul asked the North to quickly release the...

Nigerian troops attack Islamist mosque, kill 100

2009-07-31 00:00:00

MAIDUGURI, July 30 (AP): Troops shelled the compound of an Islamist sect blamed for days of violence in northern Nigeria then attacked its mosque, killing at least 100 militants in a fierce battle.Sect leader Mohammed Yusuf escaped along with about...

Suu Kyi braces for worst ahead of verdict

2009-07-31 00:00:00

YANGON, July 30 (AP): Myanmar's detained opposition leader Aung San Suu Kyi was bracing for the worst ahead of Friday's verdict in her high-profile trial, gathering medicine and books to prepare for a feared prison term, her lawyer said.The frail...

Taliban call for boycott of Afghan polls

2009-07-31 00:00:00

KANDAHAR, July 30 (AFP): The Taliban demanded Thursday that Afghans boycott August 20 presidential elections and instead "free their invaded country" through holy war.In a media statement, the Islamist militia ordered its fighters to block all roads on the eve...

Threat forces UN to scale back in SW Pakistan

2009-07-31 00:00:00

ISLAMABAD, July 30 (Reuters): The United Nations has scaled back operations temporarily in Pakistan's southwestern Baluchistan province after receiving a threat from a separatist movement, a spokesman said Thursday.The Baluch Liberation United Front (BLUF) warned Sunday, in a telephone to...

news digest

2009-07-31 00:00:00

Algeria ambush takes 11 soldiers’ lives ALGIERS, July 30: At least 11 soldiers were killed in an ambush by Islamic extremists near Tipaza, about 100 kilometres from Algiers, news media in the Algerian capital reported Thursday. Some newspapers put as...

Lankans down Paks despite late drama

2009-07-31 00:00:00

Sri Lanka 232 for 9 (Mathews 43, Murali 32, Aamer 3-45) beat Pakistan 196 (Gul 33, Thushara 3-29, Kulasekara 2-30, Murali 2-46) by 36 runsAfter Angelo Mathews and Muttiah Muralitharan had combined to devastating effect with the bat, Sri Lanka's...

Haas breezes into quarter-finals

2009-07-31 00:00:00

LOS ANGELES, Jul 30(AFP): Top seeded German Tommy Haas and eighth seed Russian Marat Safin cruised into the quarter-finals Wednesday at the 700,000 dollar LA Tennis Open. Haas beat American wild card Jesse Levine 6-1, 6-3. Haas has 17 wins...

Phelps regains sparkle as records tumble again

2009-07-31 00:00:00

ROME, Jul 30 (Reuters): Michael Phelps retained his 200 metres butterfly world title and smashed his own world record Wednesday to reassert his authority after a tough 24 hours. The American lost his world record in Tuesday's 200 freestyle final...

Minnesota to host large cricket tournament

2009-07-31 00:00:00

Announcements about cricket in the USA have been frequent in the past couple of years, with proposals for leagues being announced the foreground to the long history of administrative problems that have blighted their development. But the USACA's Western Conference...

Ramphal welcomes facilitator's involvement

2009-07-31 00:00:00

Shridath Ramphal, the mediator in the bitter dispute between the West Indies Cricket Board (WICB) and the West Indies Players' Association (WIPA), welcomed the appointment of a facilitator by the board to settle the issue amicably. Gerard Pinard, an industrial...