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Dhaka stocks finish slightly lower amid volatile trading

FE Report | 2009-02-27 00:00:00

Dhaka stocks finished slightly lower Thursday amid volatile trading shocked mainly by the uncertainty and anxiety created over the BDR mutiny across the country.The market fluctuated throughout the session as the main index opened on an upbeat mood but lost...

Text of PM

2009-02-27 00:00:00

Prime Minister Sheikh Hasina Thursday asked rebel BDR jawans to immediately lay down weapons and to go back to their barracks saying otherwise, the government would be forced to take stern actions, reports BSS."Go back to your barracks laying down...

news digest

Bomb kills two Iraqi | 2009-02-27 00:00:00

soldiers in BaghdadBAGHDAD, Feb 26: Iraqi officials say two Iraqi soldiers have been killed and 12 other people wounded in a roadside bombing in Baghdad. The officials say the morning blast struck an Iraqi army patrol near the University of...

TOTALGAZ starts 24 hours delivery service

2009-02-27 00:00:00

TOTALGAZ Bangladesh, one of the liquefied petroleum gas (LPG) marketers in Bangladesh, has launched 24 Hours Home Delivery Service for its customers.Chairman of the TOTALGAZ Bangladesh Christian Chammas formally inaugurated one of its service centre at M/s Nesaria Corporation for...

IMF praises Pakistan in first loan review

2009-02-27 00:00:00

KARACHI, Feb 26 (AFP): The International Monetary Fund today praised Pakistan and noted initial success in stabilising its crisis-hit economy, in the first review of a 7.6 billion dollar line of credit."The (IMF's) mission is impressed by authorities' strong resolve...

Nissan to ease output cuts in March

2009-02-27 00:00:00

TOKYO, FEB 26 (AP): Nissan Motor Co. said Thursday that inventory levels have dropped low enough to ease domestic production cuts in March.Facing plunging sales, Nissan said earlier this month that shift elimination, work stoppages and shorter working hours will...

Abdul Khaleq passes away

2009-02-27 00:00:00

Abdul Khaleq, a prominent social worker, died of heart attack recently at his Tajkunipara residence at the age of 63, (Innah Lillahi

Special offers at pavilions allure CITF visitors

Our Correspondent | 2009-02-27 00:00:00

CHITTAGONG, Feb 26: Different companies announced attractive offer for the buyers with a view to boosting the publicity of their products at the stalls and pavilions in the ongoing Chittagong Industrial Trade Fair (CITF).However, normal sales at most of the...

Nat

2009-02-27 00:00:00

Health and Family Welfare Minister Dr AFM Ruhul Haque Thursday said amendments will be brought to make the National Health Policy and Drug Policy time befitting, reports BSS."A draft has already been prepared by making the existing health policy up-to-date...

Emirates announces-2009 expansion plan

FE Report | 2009-02-27 00:00:00

Emirates Airline recently unveiled plans to grow the number of flights across its network by 14 per cent in 2009, said a press release.The Dubai-based carrier will add 18 new passenger aircrafts to its fleet, increasing seating capacity by 14...

Prize-giving ceremony of Bangla Academy Shahitya Purashkar held

2009-02-27 00:00:00

The prize-giving ceremony of Bangla Academy Shahitya Purashker-2008 was held at the Bangla Academy Thursday, reports UNB.This year, Poet Mahbub Sadik received the prestigious award for his poetry, Prof Karunamoy Goshwami for his prose research and Helena Khan for literature...

BB Governor's thrust on CSR

FE Report | 2009-02-27 00:00:00

Bangladesh Bank Governor Salehuddin Ahmed Thursday called on all segments of the private sector entrepreneurs in the country to devote more to CSR (Corporate Social Responsibility) initiatives in a view to lessen the load of social welfare on the government...

Seminar on Law of the Sea at WUB postponed

2009-02-27 00:00:00

The seminar slated for 27 February on 'Law of the Sea: Bangladesh Perspective' to be held at the Russian Cultural Centre in Dhanmondi under the auspices of the World University of Bangladesh has been postponed due to unavoidable circumstances.The inconvenience...

Call money rate loses ground, dollar weakens

FE Report | 2009-02-27 00:00:00

The inter-bank call money rate slightly lost ground Thursday due to injection of fresh cash into the market through repurchase agreement (repo). The US dollar also weakened against Bangladesh taka (BDT) in the inter-bank foreign exchange market that experienced lower...

Health Minister visits injured BDR men

2009-02-27 00:00:00

Health Minister AFM Ruhal Haq visited the injured BDR personnel at Holy Family Red Crescent Medical College Hospital Thursday morning, reports UNB.He inquired about the health condition of 14 BDR men admitted to the hospital.The Minister asked the doctors and...

Security heightened around PM's house

2009-02-27 00:00:00

Security was heightened around the official residence of the Prime Minister (PM) at Hare Road in the city, as a standoff continued at the BDR Headquarters Thursday, more than 24-hours into an armed rebellion by mutinous border guards, reports bdnews24.com.Members...

Petrobangla delaying exploration work at Dighipara coalmine

FHM Humayan Kabir | 2009-02-27 00:00:00

State-owned Petrobangla is delaying exploration work at prospective Dighipara coalmine due to absence of a coal policy in the country, officials said Thursday."We have sought permission from the energy division to start exploration. But it has advised us to wait...

Murray to cope with ankle injury

2009-02-27 00:00:00

British number one Andy Murray expects to be able to cope with an ankle injury during his Dubai Championship quarter-final with Richard Gasquet Thursday, reports BBC.Murray beat Arnaud Clement 6-2 6-3 in the last 16 on Wednesday, despite his ongoing...

Proteas hit back after Aussie recovery

2009-02-27 00:00:00

Tea Australia 194 for 5 (Ponting 83, Clarke 69, North 18*, Haddin 4*, Steyn 3-60) v South AfricaAustralia have dominated this rivalry in recent times, but the winds of change that blew across Perth and Melbourne late last year were...

Global sugar production poised for record fall

From Fazle Rashid | 2009-02-27 00:00:00

NEW YORK, Feb 26: Tea will be less sweet than before. Varieties of traditional sweets will disappear and those surviving the crunch will become dearer. The global sugar production is poised for a record fall this year mainly due to...

JS body first meet held

2009-02-27 00:00:00

The first meeting of parliamentary committee on government organisations was held at Sangsad Bhaban with committee chairman Dr Mohiuddin Khan Alamgir presiding, reports BSS.The work area, work plan and future plan of the committee were discussed at the meeting, a...

China decries US criticism of its rights record

2009-02-27 00:00:00

BEIJING, Feb 26 (Reuters): China denounced Thursday US criticism of its human rights record in an annual tit-for-tat exchange, saying the United States should put its own house in order first.The US State Department sharply criticised China Wednesday, saying detention...

Karnaphuli Ins holds branch incharges confce

2009-02-27 00:00:00

Chairman of Karnaphuli Insurance Co. Ltd. Nizamuddin Ahmed inaugurated annual branch incharges conference-2009 at BRAC Centre, Gazipur recently as the chief guest, said a pr

Asian markets close mostly lower

2009-02-27 00:00:00

TOKYO, Feb 26 (RTTNews): Stock markets across the Asia-Pacific region pared their early gains and closed mostly lower Thursday as an early enthusiasm over US Federal Reserve Chairman Ben Bernanke's signal that banks might not need to be nationalised faded...

Rebels surrender arms

2009-02-27 00:00:00

A 35-hour bloody revolt by paramilitary Bangladesh Rifles (BDR) ended on Thursday evening with the rebels surrendering arms at Prime Minister Sheikh Hasina's call, reports UNB.Over 100 security personnel, including BDR chief Maj General Shakil Ahmed, were believed killed or...

MDGs plans must address regional disparity

2009-02-27 00:00:00

Terming achieving the Millennium Development Goals (MDGs) as 'not a very difficult task' for Bangladesh, parliament members in the city Thursday stressed making constituency-based development plans in participation with the elected representatives, GO-NGO and civil society members of the respective...

Turkish airliner crashes at Amsterdam airport, nine dead

2009-02-27 00:00:00

AMSTERDAM, Feb 26 (Reuters): A Turkish Airlines plane with 134 passengers and crew aboard crashed in light fog while trying to land at Amsterdam's Schiphol airport Wednesday, killing nine people and injuring dozens.Officials said some 84 people were taken to...

SKorea unveils new stimulus measures

2009-02-27 00:00:00

SEOUL, Feb 26 (AFP): South Korea today unveiled a fresh stimulus package including 660 million dollars in special loans for private firms involved in the construction of new highways, roads and bridges.The finance ministry said the government would shoulder up...

Dead body of businessman recovered

2009-02-27 00:00:00

JESSORE, Feb 26 (UNB): Dead body of a businessman was recovered from a residential hotel in the district town Wednesday.The deceased was identified as Sharif Bhuiyan (22) of Narayanganj district.Police said Sharif Bhuiyan rented room no. 602 of Hasan International...

corporatewatch

Dividends | 2009-02-27 00:00:00

United Insurance: The board of directors of United Insurance has recommended 10 per cent cash and 150 per cent stock dividends for the year that ended on December 31, '08. The annual general meeting (AGM) of the company will be...