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Buyers show strong demand

2009-08-27 00:00:00

This is the first sale of Ramadhan, which witnessed a strong demand from all sections of the market. The bright feature of the sale was the demand for well made, good liquoring tea in both Brokens and Fanning categories, which...

Euro gains in Asia

2009-08-27 00:00:00

TOKYO, Aug 26 (AFP): The euro rose in Asian trade today as gains on world stock markets boosted demand for risk-sensitive currencies, dealers said. The euro climbed to 1.4312 dollars in Tokyo afternoon trade from 1.4294 in New York late...

BKB Chargachh Bazar branch launches loan recovery drive

2009-08-27 00:00:00

Our Correspondent BRAHMANBARIA, Aug 26: Chargachh Bazar branch of Bangladesh Krishi Bank (BKB) launched a loan recovery and disbursement programme titled 'The Grand Camp Implementation Programme' and a clients' get-together on its office premises here Monday. BKB Deputy General Manager...

Iraq to raise oil production by four times

2009-08-27 00:00:00

ISTANBUL, Aug 26 (AFP): Iraq aims to increase its oil production by up to four times with the development of 10 new fields to be auctioned later this year, Iraqi Oil Minister Hussein al-Shahristani said yesterday. The minister spoke after...

Tokyo taxis to trial battery switch system

2009-08-27 00:00:00

TOKYO, Aug 26 (AFP): Tokyo taxis will be the first in the world to test new electric-car batteries that can be replaced in less time than it takes to fill up the petrol tank, the firm behind the system said...

Navana CNG makes debut Sunday

2009-08-27 00:00:00

FE ReportNavana CNG Ltd, a sister concern of Navana Group, will make debut Sunday next on Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) under direct listing regulations.The board of directors of the Dhaka Stock Exchange (DSE), in its...

Marico lottery Aug 29, refund warrant distribution from Sep 1

2009-08-27 00:00:00

FE Report The lottery for allotment of shares in the initial public offering (IPO) of Marico Bangladesh Limited will be held on August 29 next at the Bangabandhu International Conference Center at 10.30 a.m. Company sources said the refund warrants...

Mutual Trust Bank, Spectrum enter into agreement

2009-08-27 00:00:00

FE Report Mutual Trust Bank Ltd (MTBL) has signed an agreement with Spectrum Engineering Consortium Ltd for implementation of BACH (Bangladesh Automated Clearing House) programme. The signing was held at a simple ceremony at the MTB Corporate Head Office in...

HSBC takes top awards for its consumer internet banking

2009-08-27 00:00:00

Hongkong and Shanghai Banking Corporation (HSBC) Limited in Bangladesh has been recognised by Global Finance magazine for its best-in-class Internet banking services for personal and corporate customers, said a press release.In Global Finance-2009, World's Best Internet Banks competition for Asia,...

Green Delta Housing continues business expansion

2009-08-27 00:00:00

FE ReportGreen Delta Housing and Development Ltd has continued its business expansion vowing to help fulfill the housing needs of urban people and also promote the tourism industry in Cox's Bazar."We are doing real estate business since 1994 and now...

Industrial policy at final stage

2009-08-27 00:00:00

Doulot Akter MalaThe government is likely to consider hi-tech parks as industry and include automobile service and CNG filing stations in the service sector in the new industrial policy. Changes are being brought to the draft industrial policy in line...

IIFDC strikes billion dollar carbon trading deals to improve energy efficiency

2009-08-27 00:00:00

Siddique Islam A country's leading financial institution has entered into billion dollar carbon trading aiming to improve energy efficiency through adoption of new technology in different carbon-emitting industries. The Industrial and Infrastructure Development Finance Company Limited (IIFDC), a leading non-banking...

Revenue up by 29 per cent

2009-08-27 00:00:00

FE ReportBanglalink, country's second largest mobile company marked a 29 per cent rise in its revenue in the period ended June 30,2009."In terms of revenue, Banglalink's performance has been impressive with total revenues of Tk. 11.83 billion at the end...

Dhaka Phone, Rupayan sign deal

2009-08-27 00:00:00

Dhaka Telephone Company Limited has signed a contract to provide telephone connections to all the apartments at Rupayan town built by Rupayan Housing Estate Limited. Managing Director of Rupayan Group Saadat Hossain Salim and Chairman of Dhaka Phone ATM Hayatuzzaman...

IPO Diary

2009-08-27 00:00:00

The Dacca DyeingNature of BusinessThe main business of the company is weaving , dyeing, finishing and printing facilities producing high quality of bed sheet, table cloth, shirting fabrics etc.etc.Subscription OpenAugust 30, 2009Subscription CloseSeptember 03 , 2009For Non resident BangladeshiAugust 30,...

Two terrorists killed in RAB 'encounter' in Savar

2009-08-27 00:00:00

FE ReportTwo associates of the 'Gangchil Bahini' were killed in an 'encounter' with the members of Rapid Action Battalion (RAB) at Aminbazar under Savar in the capital. The deceased were identified as Akil, 25, and Nayan, 22. Both were wanted...

City corp, municipality bills may be passed in next JS session

2009-08-27 00:00:00

The Parliamentary Standing Committee on LGRD and Cooperatives Ministry Wednesday asked the ministry concerned to take steps to get the bills on city corporation and municipality passed in the next session of the Jatiya Sangsad (JS), reports BSS.The committee, at...

JS body meets on traffic jam today

2009-08-27 00:00:00

FE ReportThe parliamentary standing committee on communication convened a meeting of its members and relevant authorities today (Thursday) primarily to discuss the traffic situation in the capital.Sources said the committee meeting will be chaired by its chairman Sheikh Mojibur Rahman....

Seven hurt in BCL RU intra-group clash

2009-08-27 00:00:00

RU CorrespondentRAJSHAHI UNIVERSITY, Aug 26: At least seven leaders and activists of Rajshahi University (RU) unit of Bangladesh Chhatra League (BCL) were injured in an intra-group clash Wednesday at 11.30 am in front of Ismail Hossain Sirazi bhavan.Police charged batons...

Court declares Sadequee's deportation, handing over to FBI illegal

2009-08-27 00:00:00

The High Court (HC) Wednesday declared illegal the arrest, detention and deportation of Banglad-eshi-origin United States (US) citizen Ehsanul Islam Sadequee to the US from Dhaka without any extradition treaty between the two countries, reports UNB.Delivering the judgement on a...

Ministerial body approves revised BCCSAP

2009-08-27 00:00:00

The ministerial committee Wednesday recommended the final revised draft of the Bangladesh Climate Change Strategy and Action Plan (BCCSAP)-2009 incorporating the vision strategy of the present government to build a poverty-free country by 2021. The recommendation was given at the...

One outlaw killed, two cops hurt in Khulna gunfight

2009-08-27 00:00:00

KHULNA, Aug 26 (UNB): An outlaw was killed and two police constables were injured in a gunfight between the police and outlaws at Diara village in Rupsa Upazila early Wednesday.The deceased was identified as Rahat alias Nipu alias Zia (30),...

Case filed against 14 'razakars' in Bagerhat

2009-08-27 00:00:00

BAGERHAT, Aug 26 (UNB): A case was filed against 14 alleged razakars here Wednesday on charge of killing a freedom fighter and his son during the War of Liberation in 1971.Abu Jafar of Chandrapara village in Kachua Upazila, filed the...

4-day orientation course for new MPs from Sunday

2009-08-27 00:00:00

A four-day orientation course on 'Rules of Procedure' for the newly-elected Members of Parliament (MPs) will begin Sunday to equip them with hands-on knowledge so they can play a more active role in the parliamentary proceedings.Jatiya Sangsad Secretariat and UNDP...

We are on the right track for big things, says Siddons

2009-08-27 00:00:00

It has been a terrific last couple of months for the Tigers. The Test and ODI series sweep in the West Indies was followed by a 4-1 thrashing of Zimbabwe in Bulawayo and the Bangladesh team and its players broke...

Two Ghanaian booters arrive for Dhaka Abahani

2009-08-27 00:00:00

Two Ghanaian booters -- familiar defender Samad Yousuf and new face Fuard Ali -- arrived in the capital Wednesday afternoon to play for the defending B League champions Dhaka Abahani Limited, report UNB. The season's curtain raiser soccer meet --...

Jayawardene, Samaraweera grind New Zealand

2009-08-27 00:00:00

For the second Test running, Mahela Jayawardene and Thilan Samaraweera batted with a purity of purpose, which New Zealand have been unable to produce all tour, to give the hosts the first day's honours. The truncated first session was shared...

Toll in Kandahar bomb at least 40

2009-08-27 00:00:00

KABUL, Aug 26(AFP): The toll in a massive bombing that ripped through Afghanistan's troubled southern city of Kandahar Tuesday has risen to at least 40, a senior police officer said today. More than 65 others were injured when the truck...

Frenchman 'flees Somali captors'

2009-08-27 00:00:00

A French security adviser seized by Islamist militants in Somalia has escaped his captors, officials say, reports BBC.The Frenchman, who was kidnapped from a hotel in Mogadishu along with a colleague last month, reportedly killed three militants as he made...

Korea family talks set to resume

2009-08-27 00:00:00

Red Cross officials from South Korea have crossed into the North for talks which could allow families divided by the border to begin meeting again, reports BBC.The reunions have been suspended for almost two years, because of the worsening ties...