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Greenback stable against BDT

2009-06-07 00:00:00

Sarwar Zahan US dollar was stable against Bangladesh taka (BDT) Last week in the inter-bank foreign exchange market despite higher demand due to ample supply of the greenback, fund managers said. The market experienced higher demand for the greenback due...

Dhaka Bank, PAGE Dev Centre sign deal

2009-06-07 00:00:00

Dhaka Bank signed an agreement with PAGE Development Centre, a Regional Micro Finance Institution (NGO), in Comilla District recently. Under the agreement Dhaka Bank will instantly disburse its foreign remittance payments through the 56 branches of PAGE Development Centre, said...

BRAC Bank Staff gets tête-à-tête with celebrities

2009-06-07 00:00:00

BRAC Bank recently launched an exceptional initiative to strengthen the bondage between celebrity guests and the branch-bankers: a programme styled "Distinguished Guests' Evening".BRAC Bank clients, who are also celebrities from show-biz, business or academic arena, shared their joyful experiences with...

IGW and 1CX operators sign formal deals with GP

2009-06-07 00:00:00

IGW (International Gateway) operators Bangla Trac Communications Limited and NovoTel Limited formally signed separate agreements with Grameen Phone (GP) for routing international calls to and from GP subscribers and ICX (Interconnection Exchange) operators.GETCO Telecommuni-cations Limited and M&H Telecom Limited also...

Sahariat made IIBL AMD

2009-06-07 00:00:00

Md Sahariat Hossain Bhuiyan has been promoted to the post of additional managing director (AMD) of Islami Insurance Bangladesh Limited (IIBL), said a press release. Prior to his promotion, he was the deputy-managing director (DMD) of the company. Sahariat started...

ipo diary

2009-06-07 00:00:00

Nature of the fundClose-end Mutual Fund of 10 (Ten) years tenureSubscription OpenJune 21, 2009Subscription CloseJune 25, 2009For Non resident BangladeshiJune 21, 2009 to July 4Offer PriceTk. 10.00 per shareFace ValueTk. 10.00 per shareMarket lot500 unitsSponsors Portion20,000,000 UnitsPre IPO Placement60,000,000 unitsPublic...

Opposition won't get anymore seat in front row of the House: Hamid

2009-06-07 00:00:00

Speaker Advocate Abdul Hamid Saturday said it is not possible to offer anymore seat to the opposition BNP in the front row of Jatiya Sangsad and expressed the hope that they would join the current parliament session, reports UNB."It was...

Nepal, Bhutan can ensure SAARC states' energy security: Dipu Moni

2009-06-07 00:00:00

Foreign Minister Dipu Moni Saturday said utilising the potentials of hydro-electricity in Nepal and Bhutan and sharing electricity among SAARC member states could ensure a long-term energy security in the region, reports UNB. "We must exploit the existing prospects and...

10 hurt in BCL factional clash at Barisal Polytechnic

2009-06-07 00:00:00

BARISAL, June 6 (bdnews24.com): At least ten students were injured Saturday in a clash between two BCL factions over campus control at Barisal Polytechnic Institute. "Steps will be taken against those responsible after calling an academic council meeting," said acting...

3rd phase poll of DU senate today

2009-06-07 00:00:00

DU Correspondent The third phase election of the 25 registered graduate representatives in the senate of Dhaka University (DU) will be held from 9 am to 5 pm today (Sunday) at two centres on the campus.The lifetime registered graduates (voter...

Govt won't seek foreign aid to face disaster: Razzak

2009-06-07 00:00:00

KHULNA, June 6 (BSS): Food and Disaster Management Minister Abdur Razzak said life had returned to normal in the southern coastal belt as cyclone Aila-affected people were getting adequate relief. The minister said this while briefing newsmen in Khulna Circuit...

CPB holds rallies, form human chains today

2009-06-07 00:00:00

FE ReportThe Communist Party of Bangladesh (CPB) will hold rallies and form human chains in different districts including the capital Tuesday demanding an end to the Indian government's initiative to construct the Tipaimikh dam on Borak River.As part of the...

River Karnaphuli dying due to mindless encroachments

2009-06-07 00:00:00

The river Karnaphuli, considered as the lifeline to business activities for both the hill people and the flatlanders in the country's far east region, is dying due to mindless encroachment, dumping of industrial and clinical wastes, and lack of maintenance,...

World Cancer Survivors' Day today

2009-06-07 00:00:00

World Cancer Survivors' Day-2009 will be observed like elsewhere across the globe today (Sunday), reports BSS.In observance of the day with the theme "A Celebration of Life", Ahsania Mission Cancer Hospital (AMCH) will hold a seminar on "Feelings and Expression...

Feasibility study of Gungiajuri Haor Project soon

2009-06-07 00:00:00

HABIGANJ, June 6 (UNB): The much-needed 'Gungiajuri Haor Project' is going to be implemented in the district as the government has given approval for the feasibility study of the project.A meeting of the Water Resources Ministry sanctioned Tk 18.6 million...

Bangladesh, AIBS sign educational agreement

2009-06-07 00:00:00

The government of Bangladesh has signed an agreement with American Institute of Bangladesh Studies (AIBS) Friday, reports BSS. The agreement was signed at a simple ceremony at Bangladesh embassy in Washington DC, according to a message received here Saturday. The...

View exchanges council on essential of edn held

2009-06-07 00:00:00

Our CorrespondentGOPALGANJ, June 06: A view exchange council on the concept of 'Essential of Education for Human Right' was held at Alhaj Lal Mia City College auditorium here recently.The programme was jointly organised by education project of Madaripur Legal Aide...

Smoking causes 57,000 deaths every year

2009-06-07 00:00:00

Nearly 57,000 people die every year and 0.382 million (3.82 lakh) lose their working power because of smoking in the country, reports BSS.The government expenditure for health surpasses the revenues earned from tobacco companies.This was revealed at a daylong workshop...

Eastern University holds orientation programme

2009-06-07 00:00:00

Eastern University (EU) held an orientation programme for the summer semester's students at the university auditorium in the city Saturday, said a press release. EU Vice Chancellor Professor Dr Rahim B Talukdar presided over the programme.EU Foundation Chairman Professor Dr...

Police officers get CCNA-1 certificate

2009-06-07 00:00:00

The first batch of police officers from the Police Telecom department was awarded the Cisco Certified Network Associate (CCNA)-1 completion certificate at the Cisco Lab under the American International University- Bangladesh (AIUB) Cisco Regional Academy recently, said a press release....

Akram Khan’s birth anniversary

2009-06-07 00:00:00

The 140th birth anniversary of Moulana Muhammad Akram Khan, a pioneer of Bengali Muslim journalism in the sub-continent, will be observed today (Sunday), said a press release. He was born in West Bengal on June 7, 1869. Jatiya Sangbadik Sangstha...

Govt to allow money-whitening for 3 years, but no penal tax

2009-06-07 00:00:00

Doulot Akter MalaThe government is set to adopt a three-year-long controversial 'money whitening' offer in the budget, allowing investment of undisclosed money in selective sectors with the payment of 10 per cent tax, officials said Saturday.The opportunity, which has in...

All banks should have risk management units: Atiur

2009-06-07 00:00:00

FE ReportBangladesh Bank governor Dr. Atiur Rahman Saturday recommended establishment of a separate "risk management unit" in every bank and financial institution to address and mitigate the potential business risks."This risk management arm, which should be headed by a top...

Budget to provide 'national job scheme' for youths

2009-06-07 00:00:00

FE ReportFinance minister AMA Muhith Saturday said the upcoming budget would provide a "national job scheme" for the higher secondary graduate students to employ them in the public sector for two years."First, we will start the project in some few...

Hike in public spending must to boost private investment: CPD

2009-06-07 00:00:00

FE ReportPrivate investments will unlikely pick up steam unless the government increases public investments and revives its moribund development administration, the head of a local think tank said Saturday."Private investments have always suffered, due to the lack of a vibrant...

Small power plants fail to meet generation deadline

2009-06-07 00:00:00

M Azizur RahmanMost small independent power plants (SIPPs) and rental power plants (RPPs) that got approval during the past caretaker government to generate electricity are yet to come into operation despite extending deadline twice, officials said Saturday.A senior energy ministry...

Rate of default loans in NBFIs on rise

2009-06-07 00:00:00

Siddique Islam The rate of overall default loans in the non-banking financial sector climbed to 8.50 per cent in March this year from 7.0 per cent recorded three months earlier, officials said. The non-performing loans (NPLs) increased by 1.50 percentage...

Air Commodore Zakiul Islam new Biman chief

2009-06-07 00:00:00

FE ReportBiman board has selected Air Commodore Zakiul Islam as the next chief executive officer of the state-owned carrier, an official said Saturday.Zaki, an ex-assistant air chief and a former engineering head of Biman, is chosen over two other candidates...

Two stabbed to death in capital

2009-06-07 00:00:00

Two youths, including a driver of Opsonin Pharmaceutical Ltd, were stabbed to death in separate incidents in the city early Saturday. The victims were identified as Md Aminul Islam (30), driver of Opsonin Pharmaceutical Ltd, and Md Shaheen, a welder....

Three Ashuganj units back in operation

2009-06-07 00:00:00

BRAHMANBARIA, June 06: Three units of Ashuganj power station, which were shut down Friday due to faulty gas lines, were back online Saturday. Power supply to the national grid was boosted by 146 megawatts from the morning with the units...