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China sets up $10b fund for SE Asia

2009-04-19 00:00:00

BOAO, China, Apr 18 (AFP): Chinese Premier Wen Jiabao today announced the establishment of a 10-billion-dollar fund to help promote infrastructure projects in Southeast Asia. Speaking at the opening of the Boao Forum on the tropical island of Hainan in...

Nepal urges to give tax relief to export sector

2009-04-19 00:00:00

KATHMANDU, Apr 18 (Xinhua): Secretary at the Ministry of Commerce and Supplies Purushottam Ojha has proposed giving tax exemption to boost Nepal's export and increase the sector's competitive advantage, local media reported today. According to Saturday's The Himalayan Times daily,...

IMF approves $47b credit line for Mexico

2009-04-19 00:00:00

WASHINGTON, Apr 18 (AFP): The International Monetary Fund approved a 47-billion-dollar credit line for Mexico yesterday under a new scheme designed to throw a cash lifeline to countries hit by the global economic crisis. "The Mexican authorities have stated they...

Reviewing courses everyday

2009-04-19 00:00:00

M A IslamAFTER coming out of exam hall, students, in many cases, regret that if they could write better in the exam, they could perform much better in that particular subject. What usually happens is students have studied throughout the...

Avoiding procrastination and recharging study habit

2009-04-19 00:00:00

FE Special WHEN students are detached from studies for long due to vacation, idleness, illness or any other personal matter, they might feel reluctant to sit on the study table. It sometimes take days for them to start studying texts...

Prime Bank Ltd celebrates Bangla new year

2009-04-19 00:00:00

FE ReportPrime Bank Limited arranged a grand cultural show and traditional local food festival in celebration of Bangla New Year 1416 at Amazon Club of Gulshan in the city Tuesday.Prime Bank Limited Chairman Azam J Chowdhury inaugurated the programme in...

Bank Asia unveils massive business expansion plan

2009-04-19 00:00:00

FE ReportBank Asia Ltd, a leading third generation private commercial bank has unveiled a massive business expansion plan."We are planning to increase our branch network to 75, SME centers to 80, Brokerage Branches to 10, own automated teller machines (ATMs)...

HSBC completes 3-phased SIDR initiative for Pirojpur people

2009-04-19 00:00:00

FE Report HSBC has completed its three-phased SIDR initiative through the formal handover of the final 40 houses in two villages for the SIDR-affected people of Pirojpur district. The handover ceremony took place in the villages of Char Gazipur and...

BB buys $59m from banks in two days

2009-04-19 00:00:00

Siddique Islam The Bangladesh Bank (BB) is purchasing US dollar from the commercial banks directly to keep the inter-bank foreign exchange market stable, officials said. The central bank bought US$59 million from different commercial banks in the last two working...

Youngone introduces production incentive schemes

2009-04-19 00:00:00

FE Report Youngone, the country's largest multi-national company in the ready-made garment sector (RMG) operating from Dhaka and Chittagong Export Processing Zones, has asked its workers not to be misguided by any quarters for the withdrawal of temporary rice allowance...

Aziz appointed AMD of Uttara Bank

2009-04-19 00:00:00

Shaikh Abdul Aziz has been appointed additional managing director (AMD) of Uttara Bank Limited. Prior to this position he was the deputy managing director of the bank, says a press release.Mr Aziz started his banking career with the same bank...

Concrete blocks to save $23.35m a year

2009-04-19 00:00:00

A delegation of Bangladesh Concrete Products and Block Manufacturers Association led by its President and Chairman of Concord Group SM Kamaluddin called on Finance Minister Abul Maal Abdul Muhith at the conference room of the ministry recently.The president of the...

Greenback maintains soft tone against BDT

2009-04-19 00:00:00

Sarwar Zahan US dollar maintained soft tone against Bangladesh taka (BDT) with lower demand for the foreign currency in the inter-bank foreign exchange market, fund managers said. The buying of dollar by the central bank put some pressure on the...

3 shrimp processing factories face the music due to presence of nitro furan

2009-04-19 00:00:00

Our CorrespondentKHULNA, Apr 18: Thousands of workers have been rendered unemployed as licences of three shrimp processing factories have been cancelled in Khulna region recently.Sources said licences of Modern Sea Food, Prince Sea Food and Asian Sea Food were cancelled...

ICB AMCL declares NAV of its two unit funds

2009-04-19 00:00:00

FE Report ICB Asset Management Company Limited (AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), recently announced Net Asset Value (NAV) of its two unit funds, said a press release. The total NAV of ICB AMCL Unit Fund stood...

IBBL adjourned AGM held

2009-04-19 00:00:00

FE ReportThe 25th annual general meeting (Adjourned) of Islami Bank Bangladesh Limited (IBBL) was held at the Bashundhara City Friday, said a press release. Presided over by IBBL Board of Directors Chairman Abu Nasser Muhammad Abduz Zaher, the meeting was...

MTB holds special managers' meeting

2009-04-19 00:00:00

FE Report The special managers' meeting of Mutual Trust Bank Limited (MTB) was held at its head office in the city recently, said press release. Thirty-six (36) branch managers and senior executives of the bank took part in the meeting....

Police seize 3,000 tonnes of banned fertiliser

2009-04-19 00:00:00

Our CorrespondentJESSORE, Apr 18: The local police raided a warehouse of Bagdad Trading at Brothers Ghat under Nawapara Industrial Area in Jessore Thursday and seized about 3,000 tonnes of banned Fused Magnesium Phosphate (FMP).Abhaynagar Upazila Agriculture Extension Department (AED) Officer...

BRAC Bank celebrates pohela boishakh

2009-04-19 00:00:00

BRAC Bank Limited celebrated Pohela Boishakh at its head office in the city, says a press release.The event was celebrated with participation of its employees. A cultural programme was held on the eve of the Bangla new year. To start...

DU falls far behind world standard

2009-04-19 00:00:00

The standard of education in Dhaka University, the country's premier university, falls far behind the world standard as it now ranks 4922nd, reports UNB Webometrics Ranking of World Universities, an initiative of the Cybermetrics Lab, a research group belonging to...

BELA serves notice to 12 govt officials to stop hill cutting

2009-04-19 00:00:00

SYLHET, Apr 18 (UNB): Bangladesh Environment Lawyers' Association (BELA) served legal notice to 11 government officials and an organisation to stop cutting of Shah Arpin ® Mazar tila (hill).The notice of demand for justice signed by BELA lawyer Taslima Islam...

Quick dissemination of info stressed to minimise loss of lives, property

2009-04-19 00:00:00

Experts at a workshop Saturday stressed the importance of quick dissemination of information among vulnerable people to minimise the loss of lives and property during natural disasters, reports UNB.They also laid emphasis on the role of the media in raising...

New danger signal system likely from next month

2009-04-19 00:00:00

A new cautionary signal system for forecasting rough weather is likely to be in effect after April 30 depending on government approval, reports UNB.Under the restructured system, there will be no signal numbers 5 and 7 for both the seaport...

Farmers killed in attack by 'indigenous people'

2009-04-19 00:00:00

DINAJPUR, Apr 18 (UNB): Two farmers were killed in an attack reportedly by a group of indigenous people at Kachua village in Nababganj Upazila Saturday.The victims were identified as Emdadul (40), and Azizul (22). Witnesses said a group of 20...

Int'l Poetry Festival begins today

2009-04-19 00:00:00

A grand conference of Bangladesh Poets and International Poetry Festival is being held at the national museum in the city today (Sunday), reports UNB.Information Minister Abul Kalam Azad will inaugurate the conference organised by Biswa Kabita Parishad.About 300 local and...

Language course for DRU members begins on Apr 21

2009-04-19 00:00:00

A two-month professional English language course for the members of Dhaka Reporters Unity (DRU) will begin on April 21, reports UNB.The DRU and Dhaka Language Club are jointly organising the course.Information Minister Abul Kalam Azad will inaugurate the programme at...

Two electrocuted, three injured in lightning

2009-04-19 00:00:00

NILPHAMARI, Apr 18: Two siblings were electrocuted while three others sustained injuries in lightning during a storm in the district early Saturday, reports UNB.Police and witnesses said Hamidul Islam (40), and his younger brother Habul Mia (35), died instantly when...

Boishakhi Mela begins in Tangail

2009-04-19 00:00:00

Our CorrespondentTANGAIL Apr 18: A seven-day 'Boishakhsi Mela' began at Shaheed Smriti Pouro Udyan here Tuesday.Local MP Md Abul Kashem inaugurated the mela as the chief guest while Deputy Commissioner Maksudur Rahman Patwary of the district was present as the...

Academic feat

2009-04-19 00:00:00

FE ReportMd Asif-ur-Rahman Fahim of Lakachua Govt. Primary School under Gosairhat thana of Shariatpur district got scholarship in the talent-pool in last year's national primary scholarship examination.He is the elder son of Md Abdus Sattar Bhuiyan and Nilufar Yasmin. He...

BNP won't go on agitation if AL exercises restraint: Delwar

2009-04-19 00:00:00

Opposition BNP said Saturday it would refrain from waging any agitation programme if the ruling Awami League (AL) exercised restraint over the issue of Khaleda Zia's cantonment residence, reports UNB. BNP Secretary General Khandaker Delwar Hossain said this while addressing...