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Trading in city's kitchen markets yet to pick up after Eid

2008-12-13 00:00:00

FE Report Trading in the city's kitchen markets have not yet picked up after the Eid vacation while prices of most of the essentials remained more or less static Friday.Customers were thin in some of the city's major commodity markets...

IBBL opens SME service centre in Noakhali

2008-12-13 00:00:00

FE ReportThe fourth small and medium enterprise (SME) service centre of Islami Bank Bangladesh Limited (IBBL) was recently inaugurated at Chaprashirhat, Kabirhat, Noakhali, said a press release. IBBL board of directors Chairman Abu Nasser Muhammad Abduz Zaher inaugurated the SME...

ICB AMCL declares NAV of two unit funds

2008-12-13 00:00:00

FE Report ICB Asset Management Company Limited (AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), recently announced Net Asset Value (NAV) of its two unit funds, said a press release. The total NAV of ICB AMCL Pension Holders' Unit...

Ericsson launches SPMS service

2008-12-13 00:00:00

Ericsson has launched spare parts management services (SPMS) to support TM International Bangladesh's (TMIB) mobile network. The deal marks Ericsson's first SPMS contract in Bangladesh, and will help boost operational efficiencies, revenue and network performance, says a press release. Under...

DBBL opens 61st branch at Saidpur

2008-12-13 00:00:00

FE Report Dutch-Bangla Bank Limited (DBBL) opened its 61st branch at Saidpur under Nilphamari district recently with on-line banking facilities to the clients from the very beginning, said a press release.DBBL Managing Director Md Yeasin Ali inaugurated the branch. He...

Sharp rise in call rate

2008-12-13 00:00:00

Sarwar ZahanThe inter-bank call money rate ended the last week with the call rate marking sharp rise in the last session due to cash constraint although the central bank injected fresh cash into the market to ease pressure on liquidity,...

weekly currency roundup

2008-12-13 00:00:00

December 07-December 11, 2008Commercial Bank of CeylonUS dollar maintained its hefty tone against Bangladeshi taka in the second week of the current month. The demand for dollar was somewhat at an acceptable stage in the two working days of the...

Taskforce suggests revamping of RJSC

2008-12-13 00:00:00

FE ReportThe Registrar of Joint Stock Companies and Firms (RJSC) needs new office and efficient manpower to offer best services, said chief executive officer of the Regulatory Reforms Commission Apurba Kumar Biswas.Speaking at a meeting of the taskforce on RJSC...

EU leaders focus on climate deal

2008-12-13 00:00:00

Leaders of the European Union are said to be close to a compromise agreement on how to achieve ambitious targets to fight global warming, reports BBC..They are attempting to agree a mechanism whereby the EU could cut carbon emissions by...

Pakistan cracks down on Lashkar, JuD

2008-12-13 00:00:00

MUZAFFARABAD, (Pakistan), Dec 12 (Reuters): Pakistan shut offices and arrested scores of activists of an Islamic charity as international pressure mounted for firm action against militants blamed for the Mumbai attacks, officials said Friday.The overnight raids followed Pakistan announcing it...

Kashmir rebels slam UN, Pakistan over charity crackdown

2008-12-13 00:00:00

SRINAGAR, Dec 12 (AFP): A powerful militant alliance fighting an insurgency in Indian Kashmir Friday condemned a move by the UN Security Council to list a Pakistani charity as a terrorist organisation.On Wednesday the UN declared Jamaat-ud-Dawa a front for...

Belgium arrests 14 in anti-terrorism sweep

2008-12-13 00:00:00

MADRID, Dec 12 (agencies): In a major anti-terrorism sweep carried out as European leaders arrived in Brussels for a summit, Belgian police Thursday arrested 14 suspects allegedly linked to Al Qaeda, including one who police believe was close to launching...

Test 'predicts preterm baby risk'

2008-12-13 00:00:00

Researchers have identified a test which can predict whether a woman is likely to give birth if her waters break early in pregnancy, reports BBC.High levels of lactate in vaginal fluid is strongly associated with onset of labour within 48...

Suicide bomber kills 55 in Iraq

2008-12-13 00:00:00

BAGHDAD, Dec 12 (AP): A suicide bomber killed at least 55 people Thursday in a packed restaurant near the northern city of Kirkuk where Kurdish officials and Arab tribal leaders were trying to reconcile their differences over control of the...

news digest

2008-12-13 00:00:00

Canada's Afghan mission will end in 2011MONTREAL, Dec 12: Canada reiterated Thursday its mission in war-torn Afghanistan will last until 2011, after US Secretary of Defense Robert Gates suggested he would welcome an extension from Ottawa. Gates "has always been...

England take control on day two

2008-12-13 00:00:00

Graeme Swann claimed two wickets in his first over as a Test bowler as England took control on day two of the first Test against India in Chennai, reports BBC. The spinner trapped Gautam Gambhir and Rahul Dravid as India...

Rahman doesn’t worry Klitschko

2008-12-13 00:00:00

Vladimir Klitschko is confident he will have too much for former undisputed world heavyweight champion Hasim Rahman when they meet in Germany Saturday. Ukrainian Klitschko (32) will be defending his WBO and IBF titles, reports BBC. "I expect a challenge...

Redbacks chase Tanvir's Twenty20 expertise

2008-12-13 00:00:00

South Australia are looking to employ another Pakistani by having Sohail Tanvir involved in their Twenty20 campaign, but the move depends on his international commitments. Tanvir starred for the Rajasthan Royals in the Indian Premier League earlier this year and...

Champions League to begin in Oct 2009

2008-12-13 00:00:00

The 2008 edition of the Champions Twenty20 League, which was postponed following the recent terrorist attacks in Mumbai, has been cancelled. The tournament, whose inaugural edition was scheduled between December 3-10 in India, will now kick off in October 2009....

F1 to unveil cost-cutting plans

2008-12-13 00:00:00

A raft of cost-cutting measures that could dramatically change Formula One are set to be unveiled in Monte Carlo, reports BBC. The World Motor Sport Council is meeting to discuss proposals agreed by the teams and motorsport's world governing body,...

Fierce rivalry between Nigeria and Ghana resumes

2008-12-13 00:00:00

JOHANNESBURG, Dec 12 (AFP): The latest episode in the fierce football rivalry between Nigeria and Ghana will be fought in Calabar Sunday with a place at the 2009 African Nations Championship on the line. Ghana overcame a two-goal deficit to...

Rain washes out second day

2008-12-13 00:00:00

Heavy overnight rain topped up with a series of daytime showers meant that there was no play possible on the second day of the opening Test at Dunedin's University Oval. Prospects were always poor after a prolonged torrential downpour left...

Oceania deserve 'Club World Cup berth'

2008-12-13 00:00:00

TOKYO, Dec 12 (AFP): Despite crashing out of the Club World Cup at the first hurdle once again, Waitakere United coach Christopher Milicich said they did enough to prove Oceania deserved to be in the tournament. Detractors claim the confederation...

Van der Sar extends Man Utd deal

2008-12-13 00:00:00

Manchester United goalkeeper Edwin van der Sar has signed a one-year contract extension to keep him at Old Trafford until 2011, reports BBC. The 38-year-old Dutchman joined United from Fulham for £5m in 2005 and has made 161 appearances. "His...

Four teams fight for Argentine title

2008-12-13 00:00:00

BUENOS AIRES, Dec 12 (Reuters): The Argentine championship is set for a dramatic finale Sunday as four teams go into the final round of games with a chance of winning the Apertura title. Boca Juniors, San Lorenzo and upstarts Tigre...

Ronaldo, Torres up for Fifa award

2008-12-13 00:00:00

Manchester United midfielder Ronaldo and Liverpool striker Fernando Torres have been shortlisted for the Fifa World Player of the Year award, BBC reports. United and Portugal winger Ronaldo (23) scored 42 goals for his club last season and collected the...

Gill not in favour of Pakistan tour

2008-12-13 00:00:00

India's sports minister, MS Gill, has said India should not tour Pakistan in the wake of the terror attacks in Mumbai. While voices on both sides of the border have lobbied for and against the tour, Gill's statement is the...

Valencia's Silva returns after three month absence

2008-12-13 00:00:00

MADRID, Dec 12(AFP): Valencia midfielder David Silva, who has been sidelined for over three months due to an ankle injury that required surgery, has been called up for the club's match at home Saturday against Espanyol. The 22-year-old, one of...

Prospects in the December 29 polls

2008-12-13 00:00:00

Enayet RasulOnly sixteen days are remaining before the holding of the polls. The event is now the centre-point of national attention and also considerably the international one. The most eager questions in the minds of all concerned is : who...

State of the nation

2008-12-13 00:00:00

Najmuddin A ShaikhEven when we talk of being fully prepared to face any external threat, we must acknowledge that the real threat is internal, and it is this internal threat that is generating the external dimension with which we are...