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Chinese economy shows signs of positive changes

2009-04-13 00:00:00

PATTAYA, (Thailand), April 11 (Xinhua): Chinese Premier Wen Jiabao, in an interview with Hong Kong and Macao reporters here Saturday, said that the Chinese economy showed signs of better than expected positive changes in the first quarter, as a result...

Global steel industry awaits China, US auto turnaround

2009-04-13 00:00:00

PARIS, Apr 12 (AFP): Steel is on edge and the global industry is cutting back hard, hanging on for either a budget blast from China, new credit for vast Middle Eastern building schemes or resurrection of the US auto industry....

Boro production likely to exceed target in Tangail

2009-04-13 00:00:00

Our CorrespondentTANGAIL, Apr 12: Boro production may exceed target this year unless there is any massive natural disaster.The recent seasonal storms and rainfalls did not affect the boro fields leaving the hope of bumper production of the paddy.Department of Agriculture...

DSE for investor-friendly mutual funds

2009-04-13 00:00:00

FE ReportDhaka Stock Exchange (DSE) has proposed some amendments in the existing rules to make the mutual funds investor-friendly."We are not at all against the cancellation of quota reserved in IPOs for mutual funds, rather we want to fix the...

15 branches to be opened this year

2009-04-13 00:00:00

Pubali Bank Limited held its Annual Managers' Conference-2008 at Seagull Hotel in Cox's Bazar recently. The conference was aimed to motivate the executives to increase the bank's business by rendering better services. All 371 branch managers, regional managers and senior...

ACI approves 20pc convertible zero coupon bonds

2009-04-13 00:00:00

FE Report ACI Limited approved 20 per cent convertible zero coupon bonds for its shareholders. The approval came at the extra-ordinary general meeting (EGM) of the company in the city Sunday, said a press release. ACI Chairman M Anis Ud...

Govt borrows Tk 5.0b thru' treasury bills

2009-04-13 00:00:00

FE ReportThe government borrowed Tk 5.0 billion (500 crore) Sunday through auctions of treasury bills. It will result in withdrawal of Tk 5.0 billion from the market in the week.The central bank conducted auctions of 91-day and 182-day bills on...

Call rate steady, dollar weakens

2009-04-13 00:00:00

FE Report The inter-bank call money rate was steady Sunday despite withdrawal of cash from the market through treasury bills. The US dollar, however, weakened against Bangladesh taka (BDT) in the inter-bank foreign exchange market, fund managers said.The call rate...

Nat'l Furniture Fair begins Apr 16

2009-04-13 00:00:00

The six-day Sixth National Furniture Fair-2009 organised by the Bangladesh Furniture Industry Owners' Association (BFIOA) and managed by DTC will begin at the Bangladesh-China Friendship Conference Centre on April 16, said a press release.Commerce Minister Muhammad Faruk Khan will inaugurate...

Having 'effective selling skills' must to face challenges of globalisation

2009-04-13 00:00:00

FE Report Past president of Dhaka Chamber of Commerce and Industry (DCCI) Aftab Ul Islam laid emphasis on having 'Effective Selling Skills' to face the challenges of globalisation. Mr Islam made the observation at the concluding session of the training...

Human chain formed for gas supply in Jessore

2009-04-13 00:00:00

Our Correspondent JESSORE, Apr 12: Bheramara-Jessore-Khulna Gas Pipeline Implementation Movement Committee formed human chains at different places in Jessore for installation of the gas pipeline.In Jessore town, several hundred people of all walks of life took part in the human...

Govt to formulate law to protect RMG industry: Minister

2009-04-13 00:00:00

Our CorrespondentCHITTAGONG, Apr 12: Nominees of 20 dead workers, who died in service in 17 garment industries, received group insurance cheques at the conference room of BGMEA Regional office in the city Sunday.Industries Minister Dilip Barua distributed the cheques among...

corporatewatch

2009-04-13 00:00:00

Dividends Heidelberg Cement: The board of directors of Heidelberg Cement Bangladesh Limited has recommended 33 per cent cash dividend for the year that ended on December 31, '08. The annual general meeting (AGM) of the company will be held on...

Thailand announces state of emergency in capital

2009-04-13 00:00:00

BANGKOK, April 12 (AP): Thailand has imposed a state of emergency in its capital, Bangkok, and surrounding areas.The action by Prime Minister Abhisit Vejjajiva comes a day after anti-government protesters swarmed into a hotel hosting an Asian summit, forcing its...

'World powers must accept a nuclear Iran'

2009-04-13 00:00:00

TEHRAN, April 12 (AFP): Iranian parliament speaker Ali Larijani said Sunday that world powers must accept the Islamic republic as a nuclear power.His comments came after the five permanent members of the UN Security Council-Britain, China, France, Russia and the...

Troops kill 40 militants in Afghanistan

2009-04-13 00:00:00

KANDAHAR, April 12 (AFP): Afghan and international forces killed 40 Taliban militants in separate battles in the troubled country, authorities said Sunday.In one incident, the rebels ambushed a joint Afghan and foreign forces patrol in Shinkay district of Zabul province...

S Lanka declares 48-hour truce in civil war

2009-04-13 00:00:00

COLOMBO, April 12 (AFP): Sri Lanka's president ordered Sunday government troops to halt their offensive against cornered Tamil rebels over the two-day Sinhala and Tamil New Year that starts Monday.Mahinda Rajapakse's office said in a statement that the move was...

news digest

2009-04-13 00:00:00

Pak militants torch Afghan suppliesPESHAWAR, April 12: Taliban militants set fire Sunday to 10 container trucks carrying supplies to Western forces in Afghanistan in a pre-dawn attack near the Pakistani city of Peshawar, police said. Islamist militants stepped up attacks...

Govt to define informal sector: Mosharraf

2009-04-13 00:00:00

Labour, Manpower, Employment and Expatriate Welfare Minister Engineer Khandaker Mosharraf Hossain Sunday said the government would take an initiative to define the informal sector, reports BSS."With the legal steps, we will try to include the informal sector in the labour...

Razi Uddin for technology-based postal service to fulfill peoples' expectations

2009-04-13 00:00:00

Post and Telecommuni-cations Minister Razi Uddin Ahmed Razu Sunday said, the activities of postal department should be made technology-based and time befitting in order to fulfill the expectations of the people, reports BSS. He asked the concerned for working with...

President's medical check-up at final stage

2009-04-13 00:00:00

Medical check-up of President Zillur Rahman is at final stage at Mount Elizabeth Hospital in Singapore, reports UNB.No negative results were found in his ENT and urological medical reports, President's personal physician Brig Gen M Sayedur Rahman informed the President's...

US Embassy to remain closed on Apr 14

2009-04-13 00:00:00

The American Embassy, including the consular section and the public affairs section with the Archer K Blood American Centre Library and the student advising section, will remain closed Tuesday (April 14) on the occasion of Pahela Baishakh.— UNB.

Photo journalists' role in national life very significant: Azad

2009-04-13 00:00:00

Information Minister Abul Kalam Azad Sunday said that the role of photo journalists in the national life is very significant and their dedication to the profession should be evaluated properly, reports BSS."The photo journalists are playing an important role in...

Female freedom fighter passes away

2009-04-13 00:00:00

PATUAKHALI, Apr 12 (UNB): A female freedom fighter passed away at her Kalikapur house here Sunday.Freedom fighter SM Monwara Moon had been suffering from asthma for long and breathed her last at about 5:00 am at the age of 56,...

Diarrhoea kills one, affects over 400

2009-04-13 00:00:00

BARGUNA, Apr 12 (UNB): Diarrhoea that broke out in an alarming proportion claimed life of a minor boy and affected over 400 others in the district in the last week.The deceased was identified as Soliman (4), son of Abul Hashem...

Facile win for Dhanmondi

2009-04-13 00:00:00

Dhanmondi Cricket Academy earned a comfortable 117-run victory over Young Cricketers in one of the six matches of the Metropolis Second Division Cricket League at the Dhaka University ground Sunday, reports UNB.Brief scores: Dhanmondi CA: 274 for all in 47.1...

BFF strikes Tk 45m deal with Bashundhara Group

2009-04-13 00:00:00

Bangladesh Football Federation (BFF) Sunday signed a Tk 45 million (Tk 4.5 crore) agreement with Bashundhara Group for the development of country's grassroots football, reports UNB.Apart from the large sum of money, BFF also got a surprise gift from the...

sports digest

2009-04-13 00:00:00

Ansar, Cox's Bazar share glories The daylong China Cup Wushu Tournament was held at the Shaheed Suhrawardy National Indoor Stadium at Mirpur in Dhaka with Bangladesh Ansar stamping their authority in Sansu event and Cox's Bazar DSA in the Taolu...

Bangladesh calls for 'right to survival' in Bonn meet

2009-04-13 00:00:00

Bangladesh, regarded as one of the countries extremely exposed to climatic threats, has made its leadership visible in the global climate change negotiating process highlighting its 'right to survival as a human being', in recently concluded climate change talks in...

PM for regional cooperation to eradicate poverty

2009-04-13 00:00:00

Prime Minister Sheikh Hasina Sunday stressed the importance of stronger regional cooperation to eradicate poverty from South Asia as it is the common enemy of all the countries in the region, reports UNB.The Prime Minister made the remarks when outgoing...