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Accord signed: Pran Group to get $15m IFC loan

Jasim Uddin Haroon | 2009-02-25 00:00:00

International Finance Corporation (IFC), a World Bank private sector lending arm, will provide US$15 million loan to local Pran Group for expansion works of different agro-based plants of the company, official sources said.An agreement to this effect was signed between...

RPO bill passed amid opposition walkout

2009-02-25 00:00:00

Parliament Tuesday passed seven bills, including the much-talked-about RPO and anti-money laundering ones, in the absence of the BNP-led opposition MPs during the passage of all but one, reports UNB.The BNP-led alliance lawmakers staged walkout in protest against "depriving them...

DBCCI team calls on commerce minister

FE Report | 2009-02-25 00:00:00

Newly elected members of the board of directors of Dutch-Bangla Chamber of Commerce and Industry (DBCCI) called on Commerce Minister Muhammad Faruk Khan at his office in the city Monday, said a press release.Headed by DBCCI President Rakesh Mohan, the...

Landlords to be tried for 'militant tenants'

2009-02-25 00:00:00

Anyone renting out accommodation to people linked with militants or militancy will be accused of abetting militancy and tried under the law, Law Minister Shafiq Ahmed warned Tuesday, reports bdnews24.com."Providing assistance to the militants, be it accommodation or money, is...

Air Chief calls on President

2009-02-25 00:00:00

Chief of Air Staff Air Marshal SM Ziaur Rahman called on President Zillur Rahman at Bangabhaban in the city Tuesday, when activities of the force were discussed, reports UNB.During the meeting, the Air Chief apprised the President of different ongoing...

Japan PM visits Obama at White House

2009-02-25 00:00:00

WASHINGTON, Feb 24 (CNN): It's a long trip -- 6,800 miles (11,000 km) -- for a short meeting, but Japanese Prime Minister Taro Aso is scheduled to meet President Barack Obama Tuesday morning in an hour-long summit at the White...

Population control should be a priority

2009-02-25 00:00:00

POPULATION control, it seems, is not in the priority of the new government. The population of Bangladesh is expected to reach 280 million, or the double of what it is now, by 2080. The projection released on the last World...

corporatewatch

Dividends | 2009-02-25 00:00:00

NBL: The board of directors of National Bank Limited (NBL) has recommended 52 per cent stock dividend for the year that ended on December 31, '08. The board has also decided to hold an extraordinary general meeting (EGM) to increase...

Education Commission

2009-02-25 00:00:00

On January 29 the education minister announced that a new education commission would be appointed. The new commission will follow the one by Dr Kudrat-e-Khuda in making its report, said the minister.Many education commissions appointed in the past could not...

Khulna Chamber, UK High Commission sign MoU on trade

Our Correspondent | 2009-02-25 00:00:00

KHULNA, Feb 24: Khulna Chamber of Commerce and Industry (KCCI) has singed a Memorandum of Understanding (MoU) with British High Commission on trade expansion at the KCCI conference room Monday.Head of Immigration of British High Commission Stuart Percival was present...

Viqarunnisa Noon make flying start

2009-02-25 00:00:00

Viqarunnisa Noon School & College made a flying start in the KFC Pizza Hut 5th Mini Girls

Dhaka stocks slightly up amid price fluctuation

FE Report | 2009-02-25 00:00:00

Dhaka stocks finished slightly higher Tuesday in trading that saw fluctuation in share prices.Trading at the Dhaka Stock Exchange (DSE) began in an upbeat mood with the key index rising more than 18 points in the first one and a...

UK reaches out to Khulna students

2009-02-25 00:00:00

The UK Border Agency of the British High Commission hosted a major seminar on "UK Student Visa" in Khulna city, the first event of its kind, on Tuesday, reports UNB.British Council also participated in the seminar organised ahead of the...

Rapists at large as US criminal procedure goes slow

Elayne Clift | 2009-02-25 00:00:00

When Debbie Smith was raped in 1989 in Virginia, her attacker's DNA went untested for six years. She fought for justice and quickly became a symbol and an advocate for eliminating backlogs of untested rape kits, which provide physical evidence...

Viqarunnisa Noon make flying start

2009-02-25 00:00:00

Viqarunnisa Noon School & College made a flying start in the KFC Pizza Hut 5th Mini Girls

Usha KC book final berth

2009-02-25 00:00:00

National star-studded Usha KC came from behind to beat Bangladesh Navy by 4-1 goals to reach the final of the Need For Speed Shaheed Smriti Hockey Tournament, with one match to spareat the Maulana Bhasani National Hockey Stadium in Dhaka...

Rafiqul new DMD of Al-Arafah Islami Bank

2009-02-25 00:00:00

Md Rafiqul Islam has joined Al-Arafah Islami Bank Ltd as deputy managing director recently, says a press release.Prior to the new assignment he was the senior executive vice president of Jamuna Bank Ltd.He hails from a prominent Muslim family of...

EC provides further euro 3m aid to Bangladesh

FE Report | 2009-02-25 00:00:00

The European Commission (EC) will provide 3.0 million euro financial assistance to Bangladesh as part of its quick humanitarian aid delivery programme.Of the total new aid, the Brussels-based commission said

Agrani Bank launches remittance transfer thru' MoneyGram

FE Report | 2009-02-25 00:00:00

The non-resident Bangladeshis can send their earnings to their families just within 10 minutes and at a lower cost through the services of MoneyGram International Money Transfer, which are available at the 867 branches of Agrani Bank Ltd.This was announced...

UAE buys Canadian chemical firm

2009-02-25 00:00:00

OTTAWA, Feb 24 (AFP): Abu Dhabi's International Petroleum Investment Company (IPIC) purchased Canadian plastics and chemical firm Nova Chemicals for 2.3 billion dollars US, the companies announced yesterday.The six dollars per share offer represents a 348-per cent premium over Nova's...

BAIRA fear signals bad omen for BoP

Shamsul Huq Zahid | 2009-02-25 00:00:00

In spite of the country's economy demonstrating resilience amidst one of the worst economic crises that the modern world has seen so far, some projections signal bad omens for it.The resilience has been mainly due to deft macro-economic management and...

Khelaghar beat Agrani Bank

2009-02-25 00:00:00

Khelaghar SKS notched a comfortable 60-run victory over Agrani Bank CC in the Metropolis First Division Cricket League at the City Club ground in Dhaka Tuesday, UNB reports.Batting first after winning the toss, Khelaghar SKS were all out for 185...

CU, JU, RU, NU get new VCs

2009-02-25 00:00:00

The government Tuesday appointed new vice-chancellors (VCs) to Chittagong University (CU), Jahangirnagar University (JU), Rajshahi University (RU), National University (NU) and Jagannath University, reports BSS.In CU, its former pro-vice-chancellor and Professor of Islamic History and Culture Department Dr Abu Yousuf...

Tea farming expanding due to interest of small-scale growers

2009-02-25 00:00:00

RANGPUR, Feb 24 (BSS): Tea farming is being expanded fast following more interest of small-scale growers everywhere in the sub-Himalayan Panchagarh district in farming the cash crop in recent years.Tea farming has been changing the overall socio-economic conditions of common...

SEC forms team to probe unusual price rise of Aftab Auto shares

FE Report | 2009-02-25 00:00:00

The Securities and Exchange Commission (SEC) has formed a team to probe the recent unusual share price rise of Aftab Automobiles Ltd, a sister concern of Navana Group, at both bourses of the country, said an official Tuesday.Share prices of...

Resist any unfair step with bravery, boldness, PM tells BDR

2009-02-25 00:00:00

Prime Minister (PM) Sheikh Hasina Tuesday told the commanders of the border force that any unfair step against Bangladesh will have to be resisted with bravery and boldness, report agencies.Addressing the sector commanders of Bangladesh Rifles (BDR) at the BDR...

US trade show begins tomorrow

FE Report | 2009-02-25 00:00:00

A three-day US trade show begins Thursday in the city, aiming to help Bangladeshi and American companies do business amid challenging global economic environment, a US-Bangladesh trade group said Tuesday.Dhaka-based American Chamber of Commerce (AmCham) said that the 18th annual...

Flintoff expects to play in IPL

2009-02-25 00:00:00

Andrew Flintoff insists he will recover from his hip injury in time to play in the Indian Premier League in April, reports BBC.The England all-rounder will miss the fourth Test against the West Indies, starting on Thursday in Barbados and...

Separate policy on export from SME sector likely

FE Report | 2009-02-25 00:00:00

The Small and Medium Enterprise (SME) Foundation will take an initiative to formulate a separate policy to help promote exports from the country's SME sector.Acting Managing Director of the SME Foundation Momtaz Uddin Ahmed stated this Tuesday while addressing a...

Three US soldiers killed in Iraq

2009-02-25 00:00:00

BAGHDAD, Feb 24 (AFP): Three US soldiers and their interpreter were killed during operations in the restive province of Diyala Monday, the US military said.The statement provided no further information about the incident.Diyala, in central Iraq, is considered one of...