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China publishes report on Tibet's economic, social development

2009-03-31 00:00:00

BEIJING, March 30 (Xinhua): The Beijing-based China Tibetology Research Center published a comprehensive report on Tibet's economic and social development today, in which it outlined the region's changes over the past 50 years through facts and figures. The authors, all...

Oil slides below $52 in Asia on profit-taking

2009-03-31 00:00:00

KUALA LUMPUR, Mar 30 (AP): Oil prices tumbled Monday to below $52 a barrel as investors cashed in on recent gains, and in tandem with a pullback on Wall Street Friday.Benchmark crude for May delivery fell $1.03 to $51.35 by...

Belgium healthcare NGO visits Square's Dhaka Plant

2009-03-31 00:00:00

A 12-member team from Belgium Healthcare NG0, the Damien Foundation, specialising in world-wide leprosy and tuberculosis control visited Square's Dhaka Plant recently, says a press release. The donors had their representations from industries such as pharmaceuticals, food, garments, steel, paper...

Asian pharmaceutical products dominate Myanmar market

2009-03-31 00:00:00

YANGON, Mar 30 (Xinhua): Pharmaceutical products from Asian countries are dominating Myanmar's consumers market with India standing as the country's largest pharmaceutical products importing country, the local weekly Flower News reported today. Accounting for 40 per cent of Myanmar's pharmaceuticals...

IFIL holds branch managers’ conference

2009-03-31 00:00:00

The 8th Managers Conference of Islamic Finance and Investment Limited (IFIL) was held in the city recently, says a press release. The meeting was presided over by Chairman of the board of directors of IFIL SM Bakhtiar Alam. Vice Chairman...

Proper knowledge must to face challenges of globalisation

2009-03-31 00:00:00

FE Report Having proper knowledge is a must to face the challenges of globalisation in the export-import businesses. Dhaka Chamber of Commerce and Industry (DCCI) past president MA Momen laid emphasis on this at the concluding session of a training...

GM chief to quit under Obama auto plan

2009-03-31 00:00:00

WASHINGTON, Mar 30 (AFP): President Barack Obama was due to unveil Monday his plan for troubled US automobile companies as he stepped up pressure on the industry by forcing General Motors head Rick Wagoner to resign. GM confirmed Wagoner's immediate...

Huawei showcases items at BCS expo

2009-03-31 00:00:00

Huawei Technologies (Huawei), a leader in providing next-generation telecommunications network solutions for operators around the world showcased a number of products and solutions at the BCS Digital Expo 2009 that concluded Saturday at the Bangladesh China Friendship Conference Centre (BCFCC)...

Activities of SME Foundation will be expanded: Barua

2009-03-31 00:00:00

FE ReportIndustry Minister Dilip Barua has underscored the need for creation of more job opportunities through promotion of small and medium enterprises (SMEs) for accelerating the country's economic growth. Income and purchasing capacity of the people will have to be...

Anis leaves IDLC, to join new company soon

2009-03-31 00:00:00

Raihan M ChowdhuryMr Anis A Khan, a top corporate professional has decided to end his six year’s service with IDLC Finance Ltd, country's largest non-banking financial institution. "I am going to join the top post of a private commercial bank...

Prime Bank approves 25pc stock dividend

2009-03-31 00:00:00

FE Report Prime Bank Limited approved 25 per cent stock dividend (one bonus share for every four ordinary shares) for its shareholders for the year 2008 along with financial statement of the bank for the same period. The approval came...

CP computerised container handling to cost Tk 600m

2009-03-31 00:00:00

Our CorrespondentCHITTAGONG, Mar 28: Container handling at Chittagong Port (CP) is being computerised at a cost of over Tk 600 million. With the introduction of the very latest computerised system in the maritime world, disciplined container handling at the premier...

Electronic cash registers not widely functioning yet in Khulna

2009-03-31 00:00:00

Our CorrespondentKHULNA, Mar 30: Electronic Cash Registers (ECR) are yet to be used in the business establishments in Khulna City Corporation (KCC) area although letters were issued and meetings were earlier held to bring awareness among the businessmen by the...

Call rate drops, dollar gains strength

2009-03-31 00:00:00

FE Report The inter-bank call money rate fell remarkably Monday due to excess liquidity in the market. The US dollar, on the other hand, gained against Bangladesh taka (BDT) in an active inter-bank foreign exchange market, fund managers said.The call...

M'singh branch of AB Bank shifted

2009-03-31 00:00:00

Mymensingh branch of AB Bank Limited was officially relocated at new premises recently, said a press release. New located branch of the bank will provide all the modern and advanced banking facilities to the clients.AB Bank President and Managing Director...

IDLC approves 20pc stock, 15pc cash dividends

2009-03-31 00:00:00

The 24th annual general meeting (AGM) of the shareholders of IDLC Finance Limited was held at the Bangladesh China Friendship Conference Centre, Agargaon in the city Monday.IDLC Chairman Anwarul Huq presided over the meeting where the shareholders approved 20 per...

corporatewatch

2009-03-31 00:00:00

Dividends Reckitt Benckiser: The board of directors of Reckitt Benckiser (Bd) Limited has recommended 230 per cent cash dividend (Tk 23 per share of face value of Tk 10 each) for the year that ended on December 31, '08. The...

Zia Fertiliser Company fails to meet target

2009-03-31 00:00:00

Our CorrespondentBRAHMANBARIA, Mar 30: Zia Fertilizer Company Limited (ZFCL) at Ashugonj failed to reach the production target during the current financial year due mainly to frequent operation suspension.On Tuesday last, the factory had resumed production at 8:00 am after completing...

Asian mkts tumble on profit-taking, auto fears

2009-03-31 00:00:00

HONG KONG, Mar 30 (AFP): Asian markets plummeted Monday as investors took profits and sold off stocks following three weeks of rallies, following new concerns about the future of the United States (US) car industry.MUMBAI: Down 4.78 per cent. The...

NBL renovates Beanibazar branch for better services

2009-03-31 00:00:00

FE ReportNational Bank Limited (NBL) renovated and decorated its Beanibazar branch in Sylhet to provide better services to the clients, said a press release. NBL Managing Director Md Abdur Rahman Sarker formally inaugurated the newly decorated branch as the chief...

Corrigendum

2009-03-31 00:00:00

In a news item on page 9 of our March 29 issue under the headline 'ICB AMCL declares NAV of its two unit funds' the repurchase price of the ICB AMCL Pension Holders' Unit certificate was published Tk 195 per...

Gambhir, Laxman salvage gritty draw

2009-03-31 00:00:00

NAPIER, Mar 30 (Cricinfo): "Yeah definitely," was VVS Laxman's response when asked on day three if India could save this Test. Two days later he was in the middle walking the talk and helped India pull off a great escape...

Venues changed for two super league cricket matches

2009-03-31 00:00:00

The Cricket Committee of Dhaka Metropolis (CCDM) changed the venues for two 3rd round super league matches of the Dhaka Metropolis Premier Division Cricket to be held today (Tuesday), reports UNB. League leaders Abahani Limited was scheduled to play Partex...

England hopeful on Pietersen, Flintoff for decider

2009-03-31 00:00:00

LONDON, Mar 30 (Reuters): England are hopeful Kevin Pietersen and Andrew Flintoff will be fit for Friday's decisive fifth one-day international against West Indies in St Lucia. Pietersen suffered a back spasm during the nine-wicket victory in Sunday's rain-affected fourth...

Miandad reinstated as PCB director-general

2009-03-31 00:00:00

LAHORE, Mar 30 (AFP): Former cricket great Javed Miandad was Monday reinstated as director-general of the Pakistan Cricket Board (PCB), barely a month after resigning in an argument about lack of powers, an official said.The 51-year-old Miandad met PCB chairman...

Police beat Azad Boys Club

2009-03-31 00:00:00

Bangladesh Police Cricket team managed a two-wicket victory over old horse Azad Boys Club in the Metropolis 3rd Division Cricket League at the Dhanmondi Club ground in the city Monday, reports UNB.Batting first, Azad Boys Club scored 125 for 8...

FIFA order investigation into Abidjan stadium deaths

2009-03-31 00:00:00

JOHANNESBURG, Mar 30 (Reuters): FIFA have ordered an investigation into a stadium crush in Abidjan in which at least 19 people were killed and a further 132 injured before a World Cup qualifier between Ivory Coast and Malawi Sunday. A...

Div II Hockey Udity Club trounce Dhaka Young Star

2009-03-31 00:00:00

Udity Club trounced lowly Dhaka Young Star Club by 10-1 goals in the only match of the Green Delta Metropolis 2nd Division Hockey League at Maulana Bhasani National Hockey Stadium in the city Monday, reports UNB.The match was locked 1-1...

Woods fightback seals superb win

2009-03-31 00:00:00

Tiger Woods overcame a five-shot deficit to beat Sean O'Hair and win his first title since returning from injury at the Arnold Palmer Invitational, reports BBC. After rain delayed the start of the final round, Woods had closed to within...

Dhaka may seek Interpol support for probe into BDR carnage

2009-03-31 00:00:00

Coordinator of the probe bodies formed to investigate the BDR carnage Commerce Minister Faruk Khan said Monday Bangladesh might seek support from Interpol to interrogate anyone from abroad under the ongoing investigation process, reports UNB."So many people have so far...