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Language veteran Mokhlesur Rahman passes away

2009-03-13 00:00:00

THAKURGAON, Mar 12 (BSS): Mokhlesur Rahman, a language veteran and former parliament member, died at Dinajpur Heart Foundation Thursday at the age of 79.Mokhlesur Rahman, one of the organizers of the War of Liberation, was suffering from breathing problem, high...

Independence Day military parade cancelled

2009-03-13 00:00:00

The government has cancelled the Independence Day military parade in view of the situation arising out the massacre of army officers at the BDR headquarters, as all concerned are now busy in dealing the aftermath of the tragedy, reports UNB.Local...

The underworld is back

2009-03-13 00:00:00

THE election of the new government was widely hailed by countrymen as a positive development. The people expect relief from the sea of wrongs around them. But, the people, specially businesses, are disappointed as what they find as the stepped-up...

N Korea plans rocket launch, ignores US warning

2009-03-13 00:00:00

SEOUL, Mar 12 (Reuters): North Korea said Thursday it had given global agencies official notice of its plans to launch a satellite, with a report indicating it could occur in early April, in a move seen by Washington as a...

Law and order slide

Rubi Azad | 2009-03-13 00:00:00

A slide in law and order is a reality. It is realised by not only the sufferers, but it is an officially admitted fact after what the minister concerned stated recently. She ordered the police to start a special drive...

Total will have no 'active role' in gas project: Iran

2009-03-13 00:00:00

TEHRAN, Mar 12 (AFP): A top Iranian official said yesterday that French energy giant Total will have no "active role" in developing a huge gas field in Iran and that a new partner had been found for the project.Total and...

New BTRC chief visits BTCL sites in Ctg

FE Report | 2009-03-13 00:00:00

Zia Ahmed, newly-appointed chairman of Bangladesh Telecommunications Regulatory Commission (BTRC), Thursday visited various sites of Bangladesh Telecom Company Limited (BTCL) and Bangladesh Submarine Cable Company Ltd (BSCCL) as part of his two-day tour to Chittagong and Cox's Bazar, said a...

Indian envoy sees close ties with Obama

2009-03-13 00:00:00

WASHINGTON, March 12 (AFP): A senior Indian envoy voiced confidence Wednesday of close cooperation with US President Barack Obama, even though the administration has focused first on Asian heavyweights China and Japan.Foreign Secretary Shivshankar Menon, wrapping up talks in Washington,...

IFIC gets brand manual from Dhansiri

FE Report | 2009-03-13 00:00:00

Dhansiri Communications on behalf of IFIC Bank Limited hosted an event at a city hotel recently to celebrate the exchange of IFIC Bank's first ever brand manual, said a press release.The bank's brand manual has been crafted by Dhansiri Communications.It...

The army, our pride

2009-03-13 00:00:00

Recently we have lost so many talented and skilled defence officials.These officers were valuable resources of our country. They haddone their best jobs at every crucial moment of our country. But we could do nothing when scores of army officers...

Diplomats of 9 Arab countries meet President

2009-03-13 00:00:00

President Zillur Rahman urged the Arab countries to recruit more Bangladeshi manpower to help the country reach its desired development goals, as Middle-eastern diplomats met him Thursday and discussed matters of common interest, reports UNB.Nine ambassadors of the Arab countries...

DSE turnover sets new record boosted by BB repo rate cut

Kayes M Sohel | 2009-03-13 00:00:00

Turnover at the Dhaka Stock Exchange (DSE) crossed Tk 6.00 billion for the first time in history, lifted by the central bank's short term interest rate cut that signalled easing of credit for the private sectors.Manufacturing, power and pharmaceutical shares...

Salt farmers fall prey to syndication

Our Correspondent | 2009-03-13 00:00:00

CHITTAGONG, Mar 12: Thousands of salt farmers of south Chittagong and Cox's Bazar cannot sell their produce at legitimate price due to lack of buyers. It has created grave concern among the farmers as hundreds of tonnes of salt have...

S Africa set to host Champions

2009-03-13 00:00:00

The ICC's Chief Executives' Committee (CEC) has recommended that the Champions

news digest

2009-03-13 00:00:00

Myanmar arrests scores of drugs traffickersYANGON, Mar 12: Myanmar arrested 280 drug traffickers last month and seized over one million stimulant tablets, state media said Thursday, after US reports accusing its military regime of failing to tackle drugs. The New...

Media has watchdog role to ensure accountability: FM

2009-03-13 00:00:00

Foreign Minister Dr Dipu Moni Thursday said media and human rights are complementary to each other, reports BSS.The society is prosperous where media is independent, she said adding that the media played an important role in establishing fundamental rights in...

Rafique obtains PhD degree

2009-03-13 00:00:00

Md Rafiqul Islam Mir, Principal of Bangladesh Institute of Glass and Ceramics, Tejgaon in the city, has recently obtained the degree of Doctor of Philosophy (PhD) from the University of Honolulu, USA.He was under supervision of Dr Abdur Razzak for...

Stimulus package for businesses hit by recession soon: Muhith

FE Report | 2009-03-13 00:00:00

The government will finalise its stimulus package by this month for the local export sectors that have been hit by global financial crisis, Finance Minister AMA Muhith said Thursday."We want to finalise the package by this month for supporting the...

Brothers lose point as draw mark the day

2009-03-13 00:00:00

Brothers Union Club lost a valuable point in a goalless draw with Farashganj SC in their opening Group B match of the Citycell Super Cup Football at the Bangabandhu National Stadium in Dhaka Thursday, reports UNB.Both the teams played cautious...

Call money rate unchanged, dollar gains further

FE Report | 2009-03-13 00:00:00

The inter-bank call money rate remained unchanged Thursday despite higher demand, as the central bank injected fresh cash into the market through repurchase agreement (repo). The US dollar gained further against Bangladesh taka (BDT) in the inter-bank foreign exchange market...

corporatewatch

Dividends | 2009-03-13 00:00:00

NCC Bank: The board of directors of NCC Bank Limited has recommended 30 per cent stock dividend for the year that ended on December 31, '08. The annual general meeting (AGM) of the bank will be held at the Hall...

CBL acquires cent per cent shares of ETN

FE Report | 2009-03-13 00:00:00

Cashlink Bangladesh Limited (CBL), a payments systems solutions provider has signed an agreement to acquire 100 per cent shares of Electronic Transactions Network (ETN), the first ATM service provider of the country from its current owners--United Enterprises & Co Ltd...

Venezuela seeks OPEC output cut

2009-03-13 00:00:00

CARACAS, Mar 12 (AFP): Venezuela will urge OPEC to cut production to prop up sagging oil prices when the group meets Sunday in Vienna, the parliament's energy commission chief said yesterday, echoing a call by Energy Minister Rafael Ramirez."Venezuela has...

Japan confirms worst economic performance in 35 years

2009-03-13 00:00:00

TOKYO, Mar 12 (AFP): Japan Thursday confirmed its worst economic performance in nearly 35 years in the fourth quarter of 2008 and China unveiled more grim statistics.Australian unemployment also hit a four-year high and New Zealand slashed its key interest...

'Govt to improve living standard of people by boosting production'

2009-03-13 00:00:00

Agriculture Minister Motia Chowdhury Thursday said the government was working for improving the living standard of people and increasing production in the agriculture and industries sectors was a must for that, reports BSS.The government is also giving priority to generation...

Textile sector's least representation in stock market deplored

FE Report | 2009-03-13 00:00:00

The outgoing chairman of the Securities and Exchange Commission (SEC), Faruq Ahmad Siddiqi, Thursday said the country's stock market does not reflect the country's real economy, as the vibrant textile sector has the least representation in the market.Siddiqi, a former...

BB buys $5.0m from an Islamic bank

FE Report | 2009-03-13 00:00:00

The central bank purchased US$5.0 million from a private commercial bank (PCB) Thursday despite a raise in the exchange rate of the greenback against the local currency."We've bought US dollar at market rate from a Shariah-based Islamic bank to help...

Prime Finance First Mutual Fund debut trading next week

FE Report | 2009-03-13 00:00:00

The listing sub-committee of Dhaka Stock Exchange (DSE) Thursday approved the listing of Prime Finance First Mutual Fund."As per the rules, the next board meeting of the DSE scheduled early next week will give the final approval and fix the...

Development policy centre on Bangladesh launched in US

2009-03-13 00:00:00

Center for Development and Governance (CDG), a development policy organisation with the specific goal of promoting governance in Bangladesh has been established in Washington DC recently by a group of Bangladeshi professionals working in the United States.Dr Mizanur Rahman Miah,...

Prime Bank ends training course

2009-03-13 00:00:00

A five-week long foundation training course organised by the Prime Bank Limited was concluded in the city recently, says a press release.Thirty five officers from different branches and head office of the bank took part in the course encompassing banking...