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Call money rate steady, dollar stable

2008-12-25 00:00:00

FE Report The inter-bank call money rate was steady Wednesday mainly due to injection of large amount of fresh cash into the market through repurchase agreement (repo). The US dollar was also stable against Bangladesh taka (BDT) in the inter-bank...

CBC opens 2nd SME centre in Ctg

2008-12-25 00:00:00

FE Report Commercial Bank of Ceylon (CBC) opened its second SME centre at Jubilee Road in Chittagong recently, said a press release.CBC Country Manager S Renganathan inaugurated the SME centre. Senior officials of the bank's Chittagong branch and its SME...

Prime Bank opens branch at Bhairab

2008-12-25 00:00:00

FE ReportPrime Bank Limited opened its 69th branch at Bhairab in Kishoreganj Monday, said a press release. Prime Bank Audit Committee Chairman and its former chairman of board of directors Imam Anwar Hossain was present as the chief guest in...

Mirza Aziz urges next govt to continue reforms in NBR

2008-12-25 00:00:00

FE ReportFinance Adviser Mirza Azizul Islam has urged the government to be elected on December 29 to continue the reform activities in the National Board of Revenue (NBR) for ensuring a hassle-free tax payment environment."Our country is still largely dependent...

AMCL (Pran) AGM approves 28pc cash dividend

2008-12-25 00:00:00

The 23rd annual general meeting (AGM) of Agricultural Marketing Company Limited (AMCL-Pran) has approved 28 per cent cash dividend for the year 2007-2008.The AGM was held in the city Wednesday. A large number of shareholders attended the AGM, says a...

DBBL organises eye camp in Khulna

2008-12-25 00:00:00

Dutch-Bangla Bank Limited (DBBL) organised a three day-long eye camp for the poor and aged cataract patients in Khulna divisional city recently, says a press release. About 100 cataract patients have been operated successfully in the camp. Managing Director of...

Trading of Maksons Spinning, National Housing begin Jan 1

2008-12-25 00:00:00

FE ReportThe trading of Maksons Spinning Mills Limited and National Housing Finance and Investment Limited will begin January 1 on Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE). The Dhaka Stock Exchange (DSE) board in a meeting Wednesday approved...

IDCOL, BRAC Bank to finance IGW services

2008-12-25 00:00:00

IDCOL (Infrastructure Development Company Ltd) signed a dollar loan agreement with Bangla Trac Communications Limited for setting up International Gateway (IGW) Services in Dhaka. Under the agreement, IDCOL will provide US$ 3 million financing to the project. BRAC Bank Limited...

corporatewatch

2008-12-25 00:00:00

SEC decision on annual BO A/C maintenance feeThe Securities and Exchange Commission (SEC) has taken following decision in respect of annual BO account maintenance fee: 1. The DPs will collect the annual maintenance fee from the existing BO accountholder within...

Nobody wants war: Manmohan Singh

2008-12-25 00:00:00

NEW DELHI, Dec. 23 (AP): Indian Prime Minister Manmohan Singh tried to allay fears Tuesday about the possibility of war with neighboring Pakistan, saying that "nobody wants war." Singh's comments came amid rising calls in India for military action and...

Tight security as Kashmir votes

2008-12-25 00:00:00

The seventh and final round of voting in state elections in Indian-administered Kashmir has begun amidst tight security, reports BBC.Thousands of troops have been deployed across the state to prevent violence by militants fighting Indian rule.Police have arrested three men...

Emergency talks on Guinea crisis

2008-12-25 00:00:00

African Union leaders are meeting over the crisis in Guinea, where mutinous troops said they had seized power after the death of President Lansana Conte, reports BBC.The AU has already condemned the military intervention as a "flagrant violation of the...

Sleeplessness raises risk of heart disease

2008-12-25 00:00:00

People who don't get much sleep are more likely than those who do to develop calcifications in their coronary arteries, possibly raising their risk for heart disease, a new study has found, reports BBC.The 495 participants in the study filled...

Mumbai suspect remand extended

2008-12-25 00:00:00

Mohammed Ajmal Amir Qasab, the sole known surviving suspect from the deadly attacks on Mumbai, has been remanded in custody for a further two weeks, reports BBC.A magistrate extended his custody until 6, the January, police said.The suspect faces a...

news digest

2008-12-25 00:00:00

Sri Lanka says 20 rebels killed in fresh fighting COLOMBO, Dec 24: Sri Lankan security forces killed at least 20 Tamil Tiger rebels who were defending their political capital of Kilinochchi in the island's north, the defence ministry said Wednesday....

Rajshahi retain title

2008-12-25 00:00:00

Hosts Rajshahi Division clinched the four-day Ispahani Mirzapore Tea 10th National Cricket League title for the second successive time despite losing to Khulna Division by 28 runs in the last league match at Rajshahi Divisional Stadium Wednesday, reports UNB.Another title...

Nepal eves clinch crown

2008-12-25 00:00:00

Nepal beat Malaysia in a one-sided match to clinch the ACC women's Under-19 trophy at the Prem Oval. After the senior side won the inaugural ACC trophy last year, Nepal's youngsters put in an impressive performance in Thailand, not dropping...

BSWA awards distributed

2008-12-25 00:00:00

Bangladesh Sports Writers' Association (BSWA) distributed its sports awards for three years-2005, 2006 and 2007- at a function at the hall room of National Sports Council (NSC) Tower in Dhaka Wednesday, reports UNB. Chairman of Transparency International, Bangladesh (TIB) Prof...

PCB to meet Sri Lankan officials to save tour

2008-12-25 00:00:00

ISLAMABAD, Dec 24 (AP): The Pakistan Cricket Board (PCB) will meet its Sri Lankan counterpart to ensure that the World Cup finalists fulfill their three-Test and five one-day international tour beginning next month.Sri Lankan sports minister Gamini Lokuge dissolved his...

Vijay Singh seals World Challenge trophy

2008-12-25 00:00:00

Fiji's Vijay Singh took advantage of stumbling finishes by Jim Furyk and Anthony Kim to win the Chevron World Challenge by one shot. Singh was two strokes off the lead going into the final day but he birdied four of...

Muktis start well

2008-12-25 00:00:00

Reversing their first phase debacle, Muktijoddha Sangsad KC made a good start in the opening second phase match of the Citycell 2nd B League with a 1-0 win over Chittagong Abahani at the Bangabandhu National Stadium (BNS) in the city...

Waste reduce, reuse, recycle can create win-win situation for all: Mahbub Jamil

2008-12-25 00:00:00

Chief Adviser's (CA) Special Assistance Mahbub Jamil said waste reduce, reuse and recycle could create a "win-win situation" for all as it has potentiality to generate green jobs specially in recycling business, reports UNB. "It could build a resource efficient...

Deprived BCS candidates reject govt's decision

2008-12-25 00:00:00

DU CorrespondentThe successful candidates in the first-phase result of the 27th BCS examination but unsuccessful in the second-phase one have rejected the government's decision to give them the chance to sit for the 29th BCS examination relaxing the condition of...

President for prompt action on HR violations

2008-12-25 00:00:00

President Professor Iajuddin Ahmed Wednesday asked the newly formed Human Rights (HR) Commission to identify all areas of human rights violation in the country for taking "prompt action", reports UNB. He made the call when the 3-member Commission led by...

Industrial park on bank of Shanka river to be set up

2008-12-25 00:00:00

FE Report MA Latif, newly elected president of Chittagong Chamber of Commerce and Industry (CCCI), Wednesday said he will take steps to set up a specialised industrial park on the bank of Shanka river during his two year term. He...

APUB rejects Private University Order-2008

2008-12-25 00:00:00

DU CorrespondentThe Association of Private Universities of Bangladesh (APUB) has outright rejected the 'Private University Order-2008', passed by the Council of Advisers, as it said the order will create an impasse in the arena of the country's higher education.APUB Vice-President...

CA asks Armed Forces officers to uphold country's image abroad

2008-12-25 00:00:00

BHATIARI (Chittagong), Dec 24 (BSS/UNB): Chief Adviser Fakhruddin Ahmed Wednesday urged the newly commissioned officers of the Armed Forces to uphold Bangladesh's image in the world as a promising, developing and peace-loving country and its internationally-acclaimed role in protecting peace...

C'wealth team to remain wary of factors eroding polls credibility

2008-12-25 00:00:00

FE Report The London-based Commonwealth will assess whether Bangladesh follows the yardsticks of 'democratic' elections as the country's electoral preparations move into high gear.The 53-member grouping will also take stock of the factors that could affect the credibility of the...

AL alleges move on to appoint Jamaat-BNP workers as presiding officers

2008-12-25 00:00:00

Bangladesh Awami League (AL) Wednesday alleged that a move is on to appoint some 50 workers of Jamaat-e-Islami and BNP as presiding officers and assistant presiding officers for the December 29 parliamentary polls, reports UNB. Besides, secretaries of various ministries...

President for quick disposal of pending cases

2008-12-25 00:00:00

President Iajuddin Ahmed Wednesday urged the judges to work more sincerely for rapid disposal of cases in the High Court (HC) Division of the Supreme Court, reports BSS.The President made the suggestion when six newly appointed judges of the High...