COLOMBO, May 12 (AP): A mortar shell struck the only functioning medical facility in Sri Lanka's northern war zone Tuesday morning, killing 49 patients and bystanders and wounding more than 50 others, a government health official said. It was the...
'UN rights council election is farce'UNITED NATIONS, May 12: This week's UN Human Rights Council elections, in which several nations seen to have dubious human rights records are virtually assured victory, are a farce, says former Czech President Vaclav Havel....
FE ReportThe share price of LankaBangla Finance Limited moved in an unusual way on the Dhaka Stock Exchange (DSE) Tuesday amid a rumour that the company's brokerage wing-LankaBangla Securities- will float shares.When contacted, Mafizuddin Sarker, managing director of the company,...
National Credit and Commerce (NCC) Bank Ltd approved 30 per cent stock dividend for the year 2008. The bank also decided to raise its authorised capital to Tk 5.0 billion from Tk 2.50 billion, subject to Bangladesh Bank permission.The approval...
FE Report The inter-bank call money rate gained ground Tuesday due to withdrawal of cash through government bonds. The US dollar, however, weakened slightly against Bangladesh taka (BDT) in the inter-bank foreign exchange market with moderate demand for the greenback,...
13th annual general meeting (AGM) of Pioneer Insurance Company Limited has approved 20 per cent cash dividend for the year that ended on December 31, '08.The AGM was held in the city Tuesday. Chairman of the company Syed Manzur Elahi...
The Listing & Index Committee of Chittagong Stock Exchange (CSE) has included some new companies in CSE-30 Index, the barometer of the blue-chip companies after reviewing the performances of the listed companies.The following thirty companies have been included in CSE-30...
Delta Spinners Limited signed an agreement with ICB Capital Management Limited, in the city Tuesday, said a press release.Under the agreement, the ICB Capital Management will act as the manager of the company to issue its right offer of 1,528,760...
Our CorrespondentCHITTAGONG, May 12: Trade imbalance leads to dependence on other countries and threatens the sovereignty of the nation.. Export Promotion Bureau (EPB) Director (Chittagong region) Md Golam Mostafa expressed the opinion while addressing a seminar on 'Trade negotiation techniques...
FE ReportIslami Bank Bangladesh Ltd. (IBBL) will start lending migrant families and returned migrants to tap the potentials of investing the multi-billion dollars of remittance flowing into Bangladesh, officials said Monday. The country's biggest private bank, which handled US$1.26 billion...
FE Report The 22nd annual general meeting (AGM) of ICB Islamic Bank Limited was held at the Trust Milonayatan in the city Sunday, said a press release. Chaired by ICB Islamic Bank Chairman Tan Sri Hadenan Bin Abdul Jalil, the...
BOC Bangladesh Limited held its 36th annual general meeting at the Officers Club on Baily Road in the city Tuesday. A final dividend of 77 per cent was approved by the shareholders at the meeting. Earlier, the company had paid...
Our CorrespondentKHULNA, May 12: Economic affairs Adviser to the Prime Minister, Mashiur Rahman said that the gas supply network in Khulna and Mongla Port would be modernised. "The closed mills and industries in the region will be opened consecutively and...
Rangs Electronics Limited has launched a new sales campaign titled Sony-Rangs Budgetary Campaign.Chairman and Managing Director of Rangs Group of Companies Aktar Hussain inaugurated the campaign in the city Tuesday, said a press release. Directors and other high officials of...
Visiting Sri Lanka Development Squad took massive 375-run lead over GP-BCB National Cricket Academy team after dismissing the hosts cheaply for 164 in the first innings on the third day of the first of 2 four-day matches at the Bir...
Royal Challengers Bangalore, buoyed by Ross Taylor's return to form, overcame a formidable target set by Kolkata Knight Riders to boost their chances of making the top four, winning by six wickets in a tense encounter in Centurion. Brendon McCullum's...
Days after serving the ICC with a legal notice over its decision to remove Pakistan as 2011 World Cup co-hosts, the PCB has ratcheted up the stakes in its confrontation further, sending a letter to Michael Beloff, president of the...
Bangladesh Biman and Dhaka University maintained their all-win run in the Public University and Services Cricket Tournament with 2nd consecutive win against their rivals Tuesday, reports UNB.National flag carrier Bangladesh Biman earned a convincing 100-run victory over Sher-e-Bangla Agricultural University...
Bangladesh National Hockey team suffered another humiliating 9-0 goals defeat against Asian giants South Korea in their last Pool A match of the 8th Asia Cup Men's Hockey Tournament in Kuantan Pathang, Malaysia Tuesday, reports UNB.World number five South Korea...
GUANGZHOU, May 12 (AFP): India justified their pre-tournament tag of strong favourites to gain promotion to the second tier with a 5-0 hammering of Ukraine in the Sudirman Cup Tuesday. Not many were at the Guangzhou Gymnasium, in southern China,...
Lack of cricket won't harm Pakistan's chances : AfridiShahid Afridi believes Pakistan's recent lack of international cricket will not hamper their chances at the World Twenty20 in England next month. Since January 2007, no team has played as little as...
Saiful KaiserIf one New Zealander was mostly responsible for setting up a challenging target, it was another New Zealander in the opposing camp who took his team across the line. This Kolkata Knight Riders versus Royal Challengers of Bangalore was...
As Bangladesh Paper Mills Association demanded 100 per cent duty on newsprint imports, Newspaper Owners' Association of Bangladesh (NOAB) Monday urged the government to keep zero tariff on newsprint imports to ensure press freedom and free flow of information, says...
FE ReportThe 189th birth anniversary of Florence Nightingale, the pioneer of modern nursing, was observed as the International Nurses Day (IND) in the Islamia Eye Hospital in the city and elsewhere in the country Tuesday.The nurses of the hospital took...
Industries Minister Dilip Barua Tuesday said the bank interest should come down to single digit for the growth of industries, reports UNB."I am in favour of single digit bank interest for speedy growth of industries in the country," the Minister...
The government has planned to establish three more public universities and as many private universities to take in the rising number of students for higher education, as the existing are overcrowded, reports UNB."Government approval of the planned universities is in...
FE Report Rotary Club (RC) of Dhaka West successfully implemented a very significant Eye Care Matching project in collaboration with Islamia Eye Hospital (IEH) as joint venture with financial assistance from Rotary District 3140 (Bombay, India), Rotary District 3280 (Bangladesh)...
FE ReportDhaka Sheraton Hotel and Igloo will jointly organise a four-day Summer Ice Cream festival at the East Wing Lobby of the hotel.General Manager of Dhaka Sheraton Hotel Trevor Robert MacDonald announced it at a press conference at the hotel...
A High Court (HC) bench Tuesday revoked its previous order that halted the proceedings of an extortion case filed in 2007 by businessman Azam J Chowdhury against Sheikh Hasina, in what could be seen as a first step towards withdrawal...
Prime Minister Sheikh Hasina Tuesday expressed gratitude personally and on behalf of her family to heads of the states and the governments, ambassadors, political leaders and people of all strata, who offered condolences and sympathy to her through telephone, messages...
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