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Abahani, Gazi Tanks win

2009-03-04 00:00:00

Abahani Ltd and Gazi Tanks Cricketers won their respective matches of the Premier Division Cricket League Tuesday, reports UNB.Abahani Ltd registered their 6th win to join the top slot with Bangladesh Biman beating all-losers City Club by 32 runs at...

EU refuses to rule out drop in growth forecasts

2009-03-04 00:00:00

BRUSSELS, March 3 (AFP): EU Monetary Affairs Commissioner Joaquin Almunia refused to rule out Tuesday further reductions in European growth forecasts due to the impact of the economic crisis.On January 19, the European Commission said that it expected growth in...

Thrust on cleaner environment in industry

FE Report | 2009-03-04 00:00:00

Industry Minister Dilip Barua Tuesday said cleaner environment in the industry is necessary for attaining global standard."Today, we have no other alternative but to use and adopt technology supporting cleaner environment," he said while addressing the opening ceremony of the...

Climate protesters delay flights at Scottish airport

2009-03-04 00:00:00

SCOTLAND, Mar 3 (AP): Climate-change protesters disrupted flights at Scotland's Aberdeen airport Tuesday after cutting through a perimeter fence and barricading themselves on a taxiway.Campaign group Plane Stupid said seven of its members had broken through the fence and locked...

Thai hotel chain intends to invest Tk 30b in Bangladesh

FE Report | 2009-03-04 00:00:00

Centara Hotel and Resort, a Thailand-based hotel and resort chain, plans to operate its business in Bangladesh mainly in hospitality industry and retail chain by investing Tk 30 billion, its Vice President John Marc Garet told reporters.He along with other...

Pilot project on updating voter list starts today

2009-03-04 00:00:00

A pilot project on updating the voter list prepared for holding the last general election starts today (Wednesday), reports UNB.The Election Commission (EC) will kick off the project in Manikganj. The previous pilot project on digitised voter list began in...

Ruling party urged to stop slurring army in JS: Ershad

2009-03-04 00:00:00

Former President and Jatiya Party chairman HM Ershad urged the ruling party to stop slurring the army in parliament, reports bdnews24.com.Ershad renewed his support to the government and suggested that the Prime Minister Sheikh Hasina take steps cautiously."The opposition BNP...

Evidences gathered in BDR carnage probe

2009-03-04 00:00:00

Blood-stained evidences, records of conversation on mobile phones and SIMs, and duty roster of the day of carnage inside the BDR headquarters have already been collected to track down the real offenders, a military spokesman said Tuesday, reports UNB.Army, police...

How Long

2009-03-04 00:00:00

BANGLADESH Rifles (BDR), on behalf of Bangladesh, and Border Security Force (BSF), on behalf of India, have strenuously been trying to save their respective boundaries or borders, not to create panic or killing people of neighbouring country.We deeply mourn for...

DSE gets new CEO

2009-03-04 00:00:00

AFM Shariful Islam has joined the Dhaka Stock Exchange Ltd. (DSE) as Chief Executive Officer (CEO), which would be effective from March 01, 2009, said a press release.Prior to join the new post, Mr. Islam served the DSE from September...

Forex reserve falls to $5.435b on $472m ACU payment

FE Report | 2009-03-04 00:00:00

Bangladesh has made a routine payment of US$472 million to the Asian Clearing Union (ACU) against imports for the January-February period of this calendar year.The payment pushed the foreign exchange reserve down to $5.435 billion Tuesday from $5.862 billion of...

Oil prices lower in Asian trade

2009-03-04 00:00:00

SINGAPORE, March 3 (AFP): Oil prices slid in Asian trade today as fresh turmoil rocked the global financial sector, analysts said.New York's main futures contract, light sweet crude for April delivery, fell 35 cents to 39.80 dollars a barrel.Brent North...

Toyota financial unit asks to borrow public money

2009-03-04 00:00:00

TOKYO, March 3 (AFP): Toyota Motor Corp.'s financial unit said today that it had asked for an emergency loan from a state-backed lender to ride out the financial crisis, with reports putting the sum at two billion dollars.Toyota Financial Services,...

Breakfast Training at US trade show held

2009-03-04 00:00:00

The 18th US Trade Show was held from February 26 for three days at Dhaka Sheraton Hotel.American Chamber of Commerce in Bangladesh and the American Embassy jointly organised the event."The Breakfast Training has now become a very popular event of...

Jute traders seek waiving taxes on export

2009-03-04 00:00:00

Bangladesh Jute Association (BJA) urged the government to waive all taxes on export of raw jute, reports UNB.The demand was made at a pre-budget meeting with the National Board of Revenue (NBR) Monday with jute, textile and spinning mill sectors...

StanChart pre-tax operating profit rises 13pc in 2008

2009-03-04 00:00:00

Standard Chartered PLC Tuesday announced another exceptional performance for 2008 with income rising 26 per cent to US$13.97 billion and operating profit before tax (OPBT) 13 per cent to $4.57 billion, in what was a difficult operating environment particularly in...

Pak tour still on despite attack on Lankan cricketers: BCB

2009-03-04 00:00:00

The Bangladesh Cricket Board (BCB) Tuesday rejected any possible cancellation of Pakistan's tour of Bangladesh to play a one-day international series this month following the heinous attack on the Sri Lankan cricketers in Lahore, bdnews24.com reports.At least 12 unidentified gunmen...

BKB holds review meeting of city branch managers

2009-03-04 00:00:00

The 12th performance review meeting of the corporate and city branch managers of the Bangladesh Krishi Bank (BKB) was held in the city Sunday, says a press release.Deputy Managing Directors of the bank, all the general managers and deputy general...

Int'l poultry show begins in city tomorrow

FE Report | 2009-03-04 00:00:00

A three-day poultry show begins in the city tomorrow (Thursday) to create opportunity for the stakeholders to exchange ideas about the most recent technologies developed in the field.Bangladesh Branch of the World's Poultry Science Association (WPSA-BB) will organise the '6th...

Russia's middle class feels pinch as boom times end

2009-03-04 00:00:00

MOSCOW, March 3 (AFP): Russia's economic boom could not have ended at a worse time for Vyacheslav Aksyonov, whose wife is about to give birth as the couple is struggling to pay off a mortgage they took out last summer.Their...

Govt contemplating actions to resume coal extraction

FHM Humayan Kabir | 2009-03-04 00:00:00

The government would negotiate with the affected villagers as well as the Chinese contractor of Barapukuria mine to resume coal production shortly, officials said Tuesday.At a meeting Tuesday in the secretariat, the energy division has decided to resolve the emerging...

Remittance flow 'still at satisfactory level'

FE Report | 2009-03-04 00:00:00

Bangladesh expatriates sent home a record US$6.148 billion in the first eight months of the current fiscal, marking a 27.01 per cent growth over the same period of the last fiscal, officials said.The remittances from Bangladeshi nationals working abroad were...

Fire safety

2009-03-04 00:00:00

Although fire breaks out quite frequently, the capital city does not have adequate fire fighting capacity. The incidence of fire ought to act as wake-up call for our complacent authorities. The city needs to check unplanned growth and put in...

IBBL holds board of directors' meet

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

A meeting of the board of directors of Islami Bank Bangladesh Limited (IBBL) was held at its head office in the city recently, said a press release.IBBL Board of Directors Chairman Abu Nasser Muhammad Abduz Zaher presided over the meeting.Also...

corporatewatch

2009-03-03 00:00:00

EBL recommends 20pc stock dividendThe board of directors of Eastern Bank Limited (EBL) has recommended 20 per cent stock dividend for the year that ended on December 31, '08. The annual general meeting (AGM) of the bank will be held...

Biman becomes premium partner of tourism fair

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

Biman Bangladesh Airlines has become one of the premium partners and official carrier of 'Dhaka Travel Mart (DTM)-2009'.The Bangladesh Monitor will organise and sponsor this tourism fair 'Dhaka Travel Mart-2009' from March 12 to 14, 2009 at Dhaka Sheraton Hotel,...

No to protectionism, pledge coordination on bailout: EU

2009-03-03 00:00:00

BRUSSELS, Mar. 2 (Xinhua): The European Union summit yesterday sought to dispel weeks of gloomy reports that the EU was sliding rudderless towards protectionism and division in the face of the mounting economic crisis.The 27 European Union leaders issued a...

Cabinet condoles death of slain army officers

2009-03-03 00:00:00

The regular cabinet meeting Monday afternoon endorsed a condolence proposal for army officers massacred in the Bangladesh Rifles (BDR) headquarters and approved six proposals, including the Real Estate Development and Management Act-2009 with some recommendations to make it a bill,...

ADB cuts growth forecast for Bangladesh economy

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

The Asian Development Bank (ADB) has revised downward its growth forecast for Bangladesh economy, ranging between 5.5 per cent and 6.0 per cent, for the fiscal (FY) 2008-09 against the backdrop of the ongoing global financial crisis.'Before the onset of...

Oli demands trial of BDR mutineers in military court

2009-03-03 00:00:00

President of Liberal Democratic Party (LDP) Col (retd) Oli Ahmed Monday demanded trial of the Feb 25-26 killers in military court for their mindless killings at the BDR Headquarters, reports UNB."Bangladesh Rifles (BDR) is a disciplined force and it has...