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S Korean nuclear envoy arrives in Beijing

2009-03-25 00:00:00

BEIJING, Mar 24 (AP): South Korea's top nuclear negotiator arrived in Beijing Tuesday for talks aimed at reviving efforts to verify North Korea's nuclear programmes amid growing unease over Pyongyang's plans to launch a rocket.Wi Sung-lac was scheduled to meet...

Japan main airport opens runway after deadly crash

2009-03-25 00:00:00

TOKYO, Mar 24 (AP): Investigators hauled away charred wreckage and planes began to land again Tuesday morning on the main runway of Japan's largest international airport, where a day earlier a FedEx cargo flight crashed and exploded, killing its two...

news digest

2009-03-25 00:00:00

Myanmar opposition asks for Suu Kyi meetingYANGON, Mar 24: Myanmar's opposition Tuesday issued a fresh appeal for permission to see Aung San Suu Kyi and other detained leaders, after a UN panel said the ruling junta broke the country's own...

Siddhirganj power plant bid submission time extended

2009-03-25 00:00:00

FE ReportThe power ministry has extended the bid submission deadline for installation of the 300-megawatt (MW) Siddhirganj peaking power plant by over a month, officials said Tuesday.The new deadline for submission of bids has been fixed on April 30 for...

ICB Islamic Bank upgrades Gulshan branch

2009-03-25 00:00:00

ICB Islamic Bank Ltd announced the renovation of its Gulshan branch along with the launching of 'privilege banking suite' to provide better personalised services to clients. Chairman of the bank Hadenan Bin Abdul Jalil inaugurated the newly renovated branch Monday,...

Citibank places more Bangladeshis in Asian network

2009-03-25 00:00:00

FE ReportIn recent months Citibank N. A. Bangladesh provided a number of its brightest executives the opportunity to serve in other Asian Pacific countries. This program has not only been successful in the cross exchange of work ethics, experience, and...

Prime Bank, TK Group sign MoU

2009-03-25 00:00:00

FE Report Prime Bank Limited and TK Group of Industries recently signed a memorandum of understanding (MoU) for promoting asset and liability retail products of the bank to the employees of the group, said a press release.Prime Bank Additional Managing...

Call rate, dollar remain steady

2009-03-25 00:00:00

FE Report The inter-bank call money rate was steady despite withdrawal of cash from the market through bonds. The US dollar also remained stable against Bangladesh taka (BDT) in an active inter-bank foreign exchange market on smooth flow, fund managers...

CA membership suspended by ICAB gets stay order for 3 months

2009-03-25 00:00:00

The Institute of Chartered Accountants of Bangladesh (ICAB) by an order dated March 2, 2009 suspended the membership of Mr. ATMA Bari FCA (423), Partner of ACNABIN Chartered Accountants due to professional misconduct, says a press release. Mr. Bari then...

Singer Service Plus Centre opens in Jessore

2009-03-25 00:00:00

Singer Bangladesh Limited has opened a full-fledged Singer Service Plus Centre in Jessore to provide high quality after-sales service to customers of western region of the country. Marketing Services Director of Singer Bangladesh Mokbul Ahmed inaugurated the service centre at...

Jute exporters in great trouble

2009-03-25 00:00:00

Our CorrespondentKHULNA, Mar 24: About half a million bales of raw jute worth about Tk 5.8 billion have been lying in different warehouses in Daulatput area of the city due to a sudden fall in the export of the commodity....

Social Investment Bank approves 10pc stock dividend

2009-03-25 00:00:00

FE ReportSocial Investment Bank Ltd (SIBL) shareholders approved 10 per cent stock dividend for the financial year 2008 at the 14th annual general meeting (AGM) of the company held at Bashundhara City Monday. SIBL Chairman Abdul Awal Patwary presided over...

BB buys $15m more from two commercial banks

2009-03-25 00:00:00

FE Report The central bank purchased US$15 million more from two commercial banks Tuesday to keep the inter-bank foreign exchange market stable. "We've bought the US dollar from the banks at Tk 69.00 per unit to help them comply with...

Three banks enter into HK clearing A/C with ICICI Bank

2009-03-25 00:00:00

FE ReportThree local commercial banks have signed clearing account agreements with ICICI Bank Ltd Bangladesh.The banks are Bank Asia, First Security Islami Bank and Rupali Bank, said a press release."This clearing account will provide modern facilities to the three banks...

Transcom Foods wins awards for running KFC, Pizza Hut

2009-03-25 00:00:00

Transcom Foods Ltd Executive Director Akku Chowdhury received the CEO's Award for KFC and Running Great Restaurants Pizza Hut award from Yum! Indian Subcontinent in Delhi at the franchisee awards show recently. This however was not the first award that...

Chicken in the basket of UK goods

2009-03-25 00:00:00

Rotisserie chicken, rose wine and portable video players have been added to a typical basket of goods used to calculate inflation in UK, according to BBC.Wine boxes, MP3 players and rentals from DVD hire shops have been removed to make...

Straits sells stake to Thai firm

2009-03-25 00:00:00

MELBOURNE, Mar 23 (AFP): Australia's Straits Resources announced Monday it was selling a stake in its coal assets to Thailand's PTT International for US$ 335 million.Straits said the transaction would give PTT a 28.26 per cent interest in Straits' Singapore-listed...

corporate watch

2009-03-25 00:00:00

SBL director to buy 7,600 sharesShaikh Mesbauddin, one of the directors of Standard Bank Limited (SBL), will buy 7,600 shares of the bank at prevailing market price through stock exchange within next 30 working days.Trading of Glaxo Smith sharesTrading of...

President for reopening closed mills for smooth industrialisation

2009-03-25 00:00:00

President Zillur Rahman emphasised the need for reopening the closed industries to ensure robust industrialisation in the country through tapping the available potential, reports UNB.The suggestion came from the highest level of the state when Industries Minister Dilip Barua paid...

Remain vigilant, protect independence: Dilip

2009-03-25 00:00:00

DU CorrespondentMinister for industries Dilip Barua urged the new generation to remain ever-vigilant to maintain the hard-earned independence of the country, as an evil force is still attempting to undo it."You the youths have to be careful always to protect...

Coordination will be one function of MPs, upazila chairmen: PM

2009-03-25 00:00:00

Prime Minister (PM) Sheikh Hasina Tuesday said there would be balance and coordination in the works of members of parliament (MPs) and upazila chairmen and so there is no scope for conflict, reports UNB.She made the remark when European Union...

EC's power enhanced by JS thru' approving electoral laws: CEC

2009-03-25 00:00:00

Chief election commissioner (CEC) Dr ATM Shamsul Huda Tuesday said the power of the Commission has been enhanced by parliament through approving the electoral laws removing misinformation about clipping the Election Commission's (EC) wings through enacting the RPO, reports UNB."Nobody...

Inter-ministerial body stressed to resolve crisis of expat workers

2009-03-25 00:00:00

The leaders of Bangladeshi activists and rights-based organizations Tuesday jointly urged the government to form an inter-ministerial taskforce to resolve anti-worker Malaysian visa policy, reports UNB.The leaders said the Malaysian government deprived Bangladeshi expatriates by discriminating against them.They came with...

Tk 2.067b project for updating voter list with photographs

2009-03-25 00:00:00

A Tk 2.067 billion (206.70 crore) project was signed Tuesday to provide adequate infrastructure at upazila, district and divisional levels for regular maintenance and updating of the voter list with photographs, reports UNB. The governments of Bangladesh and the Netherlands...

BCL activist killed in Satkhira

2009-03-25 00:00:00

SATKHIRA, Mar 24 (UNB): A BCL activist was hacked to death at Shimulia village in Debhata Upazila early Tuesday.The dead was identified as Waheduzzaman (28), owner of a shrimp enclosure and son of Ansar Ali of Shimulia village.Police said unknown...

Ministry asked to table 'consumer rights protection bill' on Mar 29

2009-03-25 00:00:00

The parliamentary standing committee on the Ministry of Commerce Tuesday directed the ministry to table the "Consumer rights protection bill-2009" in the Jatiya Sangsad (JS) on March 29, reports BSS.The second meeting of the committee held at the JS took...

Ashugonj power co in dire straits

2009-03-25 00:00:00

Our CorrespondentBRAHMANBARIA, Mar 24: Ashugonj Power Station Company Limited (APSCL) is in a dire straits due to years of corruption in the guise of overhauling and maintenance as well as poor management. APSCL owns the second largest power station in...

Vast RU land under illegal occupation

2009-03-25 00:00:00

Our CorrespondentRAJSHAHI UNIVERSITY, Mar 24: About one hundred illegal structures and shops have been built on the Rajshahi University (RU) campus. These have been build in Amtala area and all around different halls on the campus.Though the university authorities allowed...

Journalists urged to focus on volunteerism in dev works

2009-03-25 00:00:00

Information and Cultural Affairs Minister Abul Kalam Azad Tuesday urged the journalists to promote volunteerism in the development activities across the country, reports UNB.The Information Minister made the appeal while speaking at the inaugural function of a "Media Workshop on...

President condoles death of Waliullah

2009-03-25 00:00:00

President Zillur Rahman Tuesday expressed his deep shock at the death of former principal of Dhaka Medical College Hospital Prof Dr Waliullah, reports UNB.Dr Waliullah died at the United Hospital in the city Tuesday. He was 78.In his message, President...