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Oil mixed in Asian trade amid demand concerns

2009-09-08 00:00:00

SINGAPORE, Sept 7 (AFP): Oil was mixed in Asian trade today as worries about US energy demand capped investor sentiment, analysts said. New York's main contract, light sweet crude for October delivery, dropped 10 cents to 67.92 dollars a barrel....

Eid shopping gains momentum in Rajshahi, B'baria

2009-09-08 00:00:00

Our CorrespondentRAJSHAHI, Sept 7: With Eid-ul-Fitr drawing near, consumers are on a shopping spree. Shopping malls and markets of the city are seeing packed crowds from morning to evening.People from rural areas prefer making their Eid purchases from the city...

Foundation stone of NCCI office building laid

2009-09-08 00:00:00

Our CorrespondentNILPHAMARI, Sept 07: The foundation stone of Nilphamari Chambers of Commerce and Industry (NCCI) office building was laid recently.Superintended of Police Golam Rosul inaugurated the foundation stone laying ceremony.Asian Development Bank and The Federation of Bangladesh Chamber of Commerce...

India extends ban on edible oils export for one year

2009-09-08 00:00:00

NEW DELHI, Sep 7 (PTI): The government has extended the ban on the export of edible oils till September 2010, a move aimed at boosting domestic supply. The export restriction is already in place till mid-March 2010. The ban will...

Karzai to talk with Taliban within 100 days

2009-09-08 00:00:00

PARIS, Sept 7 (AFP): Afghanistan's President Hamid Karzai hopes to hold peace talks with the Taliban within 100 days if he is re-elected, he told the French daily Le Figaro in an interview published Monday.But Karzai insisted he would not...

North Korea vows to boost deterrent against US

2009-09-08 00:00:00

SEOUL, Sept 7(AFP): North Korea vowed today to strengthen its military deterrent against the United States "in every way," three days after claiming success in an experimental nuclear weapons programme. Rodong Sinmun, newspaper of the ruling communist party, was commenting...

Lack of full oil data threatens Sudan peace: NGO

2009-09-08 00:00:00

KHARTOUM, Sept 7 (AFP):A failure to provide full oil production figures in Sudan threatens a fragile north-south peace deal, the advocacy and investigative group Global Witness warned in a report Monday. The London-based organisation said there were "serious questions" about...

Israel sticks to its guns over settlement boost

2009-09-08 00:00:00

JERUSALEM, Sept 7(AFP): -Israel Sunday stuck to plans to boost settlement construction before considering a Washington-demanded lull, despite widespread criticism that the move risks endangering a revival of peace talks. Defence Minister Ehud Barak will within 48 hours announce the...

Taliban demand Afghan air strike inquiry

2009-09-08 00:00:00

The Taliban have called for a UN and human rights investigation into an air strike in Afghanistan Friday that killed dozens of people.The independent Afghanistan Rights Monitor group says up to 70 civilians died in the Kunduz province raid. The...

Japan vows big climate change cut

2009-09-08 00:00:00

Japan's next leader has promised a big cut in greenhouse gas emissions, saying he will aim for a 25 per cent reduction by 2020 compared to 1990 levels.Democratic Party leader Yukio Hatoyama is due to take over as prime minister...

Car bomb kills eight in Iraq

2009-09-08 00:00:00

RAMADI, Sept 7 (AFP): Eight people were killed and 15 wounded Monday in a suicide car bomb attack on a security checkpoint in the western Iraqi city of Ramadi, a former Al-Qaeda stronghold, police said. The predominantly Sunni Arab city,...

Dhaka MSC rope in 15 cricketers including Tamim Iqbal

2009-09-08 00:00:00

Dhaka Mohammedan Sporting Club completed the formalities of signing 15 leading cricketers including the star national opener Tamim Iqbal Monday at the club remises at Motijheel, reports BSS.Tamim Iqbal, who recently won the man of the series award in the...

All-rounder Johnson condemns England to defeat

2009-09-08 00:00:00

Already, two matches into this series, a pattern is developing as Australia claimed a 2-0 lead with 39-run victory at Lord's. Once again they were put into bat and managed only a par score as Callum Ferguson top-scored with 55,...

Football season kicks off on Sep 10

2009-09-08 00:00:00

The new football season kicks-off with the reigning champions Dhaka Mohammedan face newcomers Feni Soccer Club in the inaugural match of the Citycell Federation Cup at the Bangabandhu National Stadium Thursday, reports BSS.The football authority of Bangladesh, Bangladesh Football Federation...

China's Xie to retire after Nat'l Games

2009-09-08 00:00:00

BEIJING, Sept 7 (AFP): Chinese badminton queen Xie Xingfang is likely to hang up her racquet following October's National Games after failing to land a third world singles title in India last month.But her boyfriend, world number one Lin Dan,...

Strauss wants England to be 'smarter'

2009-09-08 00:00:00

LONDON, Sept 7 (AFP): England captain Andrew Strauss called on his batsmen to be "smarter" during the remainder of their one-day internationals against Australia after falling further behind in the series here at Lord's. Sunday's 39-run defeat left England 2-0...

FIFA confirms Barisal Football Academy

2009-09-08 00:00:00

Finally the much awaited the construction work of FIFA-funded football training academy in Barisal will start next month, reports BSS. A Bangladesh Football Federation (BFF) source confirmed the agency that the FIFA development officer Mosin Gilani handed over work order...

Australia captain Ponting retires from T20s

2009-09-08 00:00:00

SYDNEY, Sept 7(AFP): Australia captain Ricky Ponting today announced his retirement from international Twenty20 cricket in a bid to prolong his playing career. "After much thought and careful consideration I have advised Cricket Australia of my decision to retire from...

Bad day for Bangladeshi GM in Kolkata Chess

2009-09-08 00:00:00

All three Bangladeshi Grand Masters -GM Enamul Hossain Razib of Destiny 2000, GM Ziaur Rahman of Biman and GM Reefat Bin Sattar were beaten in their sixth round fixtures against respective opponents yesterday in the 4th Kolkata Open International Grandmasters...

StanChart Bangladesh wins prestigious FinanceAsia Country Award 2009

2009-09-08 00:00:00

Standard Chartered Bank has been named the "Best Foreign Commercial Bank in Bangladesh 2009" by FianaceAsia, a leading financial publication in the region, said a press release.The bank received this prestigious award as part of FinanceAsia 2009 Country Awards for...

Square Pharma approves 40 pc cash, 25 pc stock dividend,export rises 59 per cent

2009-09-08 00:00:00

FE ReportSquare Pharmaceuticals Ltd. has declared cash dividend at the rate of 40 per cent and stock dividend (Bonus Share) at the rate of 25 per cent for the shareholders for the year ended March 31, 2009.The approval came at...

Mercantile Bank renews deal with Agrani Bank

2009-09-08 00:00:00

Mercantile Bank Limited has renewed the Drawing Agreement with Agrani Bank Limited in the city recently, said a press release. Mercantile Bank Managing Director and Chief Executive Officer (CEO) Dewan Mujibur Rahman and Managing Director and CEO of Agrani Bank...

Renata’s thrust on caring for employees, assisting disadvantaged members

2009-09-08 00:00:00

FE ReportIn line with its commitment of caring for its human resources, leading pharmaceuticals giant Renata Limited offers free healthcare for its all employees under a comprehensive health programme. This health programme covers all of Renata's permanent employees, their spouses...

Commerce Bank to open brokerage house to support investors

2009-09-08 00:00:00

Bangladesh Commerce Bank (BCB) is going to open a brokerage house in the city's Gulshan area to provide support to the investors of stock markets, reports BSS.Chairman of Securities and Exchange Commission (SEC) Md Ziaul Hoque Khondoker will inaugurate the...

BGMEA backtracks from its earlier demand

2009-09-08 00:00:00

FE Report The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Monday backtracked from its earlier demand for Tk 30 billion bailout package from the government to pay wages and bonus to the workers before Eid-ul-Fitr. Earlier on September 3, the...

Exports plunge 7.0pc pc in July

2009-09-08 00:00:00

Mashiur RahamanExport earnings in the first month of the current fiscal year plunged nearly seven per cent as demand for Bangladeshi products such as garments and frozen food was battered by the global economic recession. The country exported merchandise worth...

IDLC opens SME booth at Gazipur

2009-09-08 00:00:00

FE ReportIDLC Finance Limited has recently inaugurated its first SME booth at Joydebpur Chowrasta, Gazipur. This SME booth is the first of its kind for any non- bank financial institutions. The booth is expected to enable SMEs of Gazipur region...

Jute Ministry seeks Tk 1.36b to re-open three jute mills

2009-09-08 00:00:00

The Ministry of Jute and Textiles has sought a special allocation of Tk 1.36 billion (136 crore) from the Finance Ministry to reopen three nationalised jute mills within the current fiscal, reports BSS."We would like to reopen the jute mills...

Capable media can help achieve MDGs, ensure transparent ADP

2009-09-08 00:00:00

To achieve the Millennium Development Goals (MDGs) within the year 2015, south western part of Bangladesh requires special attention, because impact of climate change will be severe in this region of the country. This was told by the participants of...

S Alam group adds new venture to Refined Sugar Mills in Ctg

2009-09-08 00:00:00

Our CorrespondentCHITTAGONG, Sept 7: S Alam Group added new venture to their Refined Sugar Mills Limited on the south bank of Karnafuli river in Chittagong.The company will resume commercial sugar production next Thursday and produce 1,200 tonnes of sugar per...