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Two suspected JMB men held

2007-11-12 00:00:00

GAIBANDHA, Nov 11 (UNB): Two siblings allegedly involved in outlawed Jamia'atul Mujahideen Bangladesh (JMB) activities were arrested from a remote village in Shaghata Upazila Sunday.Rapid Action Battalion (RAB) arrested Wazed Ali (31) and Abdur Rab (27) from Basantapara village. They...

First formalin test centre opened at BCSIR

2007-11-12 00:00:00

The first formalin test centre was opened at Bangladesh Council of Scientific and Industrial Research (BCSIR) in the city Sunday as part of the government's anti-adulteration movement, reports BSS.Ministry of Science and ICT Secretary ASS Ahiduzzaman inaugurated the centre as...

Japanese Ambassador visits BARD

2007-11-12 00:00:00

Japanese Ambassador in Bangladesh Masayuki Inoue visited Bangladesh Academy for Rural Development (BARD) in Comilla Sunday, reports UNB.During the visit, the Ambassador went round the classrooms, conference rooms, library and cafeteria to gain practical experiences of BARD infrastructure.The envoy lauded...

Fire breaks out at secretariat

2007-11-12 00:00:00

Fire broke out on the third floor of the Secretariat building in the city Sunday afternoon creating panic among the officials.Fire brigade sources said the fire originated in the toilet of building no. 6 of the secretariat from a burning...

Civil Aviation Adviser leaves for London

2007-11-12 00:00:00

Civil Aviation and Tourism Adviser Major General (Retd) MA Matin left Dhaka for London Sunday to attend a conference on Tourism and Climate Change, reports UNB.The United Nations World Tourism Organisation (UNWTO) has organised the Minister-level conference on November 12-14...

Asian economies seen riding out US woes

2007-11-12 00:00:00

HONG KONG, Nov 11 (AFP): Previous troubles in the US economy have caused Asia to skid badly-but analysts think the region has matured enough to get through any bleak days ahead for the United States. In the past, woes in...

Indo-Russian bilateral trade far below its true potential

2007-11-12 00:00:00

MOSCOW, Nov 11 (PTI): Observing that Indo-Russian bilateral trade is far below its true potential, Prime Minister Manmohan Singh has sought its diversification to high value items and investments in sectors like machinery and agriculture. "Currently, India's exports to Russia...

Eurozone finance chiefs to weigh economic threats

2007-11-12 00:00:00

BRUSSELS, Nov 11 (AFP): Eurozone finance ministers will size up looming threats to growth at a meeting Monday as evidence mounts that the record strength of the euro and oil prices are weighing on the economy. The ministers are to...

Record number of recalls in US bring raft of safety tests

2007-11-12 00:00:00

WASHINGTON, Nov 11 (AFP): A wave of recalls in the United States, including the withdrawal from sale of several products aimed at children, has sparked a surge in the number of product safety tests which are uncovering yet more dangerous...

Low-cost computers meant to usher poor children into digital age

2007-11-12 00:00:00

SAN FRANCISCO, Nov 11 (AFP): Low-cost computers meant to usher poor children worldwide into the digital age are being mass produced in China as US nonprofit One Laptop Per Child strives to deliver on its promise. The first of the...

US-S Korea FTA languishes in Congress

2007-11-12 00:00:00

WASHINGTON, Nov 11 (AFP): Five months after the United States and South Korea signed a free trade agreement, there is little urgency among lawmakers to approve the most commercially significant US deal in 15 years. Signed after 10 months of...

Vietnam catches real estate fever

2007-11-12 00:00:00

HANOI, Nov 11 (AFP): There's a real estate boom happening in communist Vietnam, where prices are soaring on properties yet to be built and investors are camping in the streets to get first chance to buy. Western-style suburbs and apartment...

Denmark economy sizzles but lack of labour worrying

2007-11-12 00:00:00

COPENHAGEN, Nov 11 (AFP): Denmark's bullish economy is one of the strongest in Europe, charging full-steam ahead with record low unemployment, moderate inflation and a budget surplus, but it risks overheating, economists say. With a rosy global economy to lean...

Eastern Bank launches new product

2007-11-12 00:00:00

FE Report The Eastern Bank Ltd (EBL) launched a new Small and Medium and Enterprise (SME) deposit product Sunday styled "EBL Shubidha" which would pay interest on daily basis. The EBL organised a press conference at a city hotel to...

Illegal VoIP use: TMIB compensates Tk 725m to BTRC

2007-11-12 00:00:00

FE ReportTelekom Malaysia International Bangladesh (TMIB) has recently agreed to compensate Bangladesh Government for the 'lost revenue' attributed to the misuse of some of TMIB subscribers, said a press release. TMIB, the release said, had already paid Tk. 725 million...

French team meets Pubali Bank MD

2007-11-12 00:00:00

FE ReportA team of Union De Banques Arabes Et Francaises (UBAF), led by its Management Board Chairman Patrick Legat, paid a call on Pubali Bank Ltd Managing Director (MD) Helal Ahmed Chowdhury in the city recently.Western Financial Institutions General Manager...

Govt borrows Tk 8.00 billion thru' treasury bills

2007-11-12 00:00:00

FE Report The government borrowed Tk 8.00 billion (800 crore) Sunday through auctions of treasury bills. It will result in withdrawal of Tk 8.00 billion from the market in the week.The central bank conducted auctions of 28-day, 91-day and 182-day...

Warid Telecom ties up with 100 operators for international roaming services

2007-11-12 00:00:00

FE Report In six months of its commercial operations, Warid Telecom International Limited in Bangladesh has expanded its international roaming services to 100 operators across 59 countries. This is the fastest roaming expansion in the world's GSM industry.Subscribers can roam...

Pran Exports inks $3.5m deal with 3 Middle East cos

2007-11-12 00:00:00

FE Report Pran Exports Ltd (PEL), a subsidiary of Pran-RFL group, Sunday signed three separate export contracts worth $ 3.5 million with three companies in the Middle East.Hassan Mahbub, chief of PEL, and Tariq Al Natsheh, general manager of M/s...

IBBL Bogra zone holds workshop on Shari'ah compliance

2007-11-12 00:00:00

FE ReportBogra Zone of Islami Bank Bangladesh Limited organised a workshop on 'Shari'ah Compliance and Implementation' at a local hotel in Bogra recently. IBBL Shari'ah Council Member Additional Secretary Mohammad Serajul Islam was present at the workshop as the chief...

JIPL organises workshop on career planning

2007-11-12 00:00:00

FE ReportJOBS-ICT Private Limited (JIPL), in association with JOBS-Bangladesh, organised a workshop titled soft skills development for students as well as professionals in the city recently.The workshop provided tools for identifying and planning a career path and practical skills to...

LEIC holds third steering committee meet

2007-11-12 00:00:00

FE ReportLocal Enterprise Investment Centre (LEIC), a private sector development project managed by IDLC Finance Limited (IDLC) with contribution from the Canadian International Development Agency (CIDA), held its Third Steering Committee meeting in the city recently.Chief Executive Officer (CEO) and...

Sonali Bank branch managers conference held

2007-11-12 00:00:00

RANGPUR, Nov 11 (BSS): Senior bankers here asked the branch managers of Sonali Bank of Rangpur Zone for providing people-oriented services to clients with a view to achieving further success of the bank.They made the call while addressing an assessment...

Airbus wins $20b order from Emirates at Dubai

2007-11-12 00:00:00

DUBAI, Nov 11 (AFP): Airbus overshadowed its US rival Boeing at the Dubai air show Sunday, winning an order from Emirates worth more than US$20 billion. Airbus executives said the orders -- for 70 midsized A350 XWB (Extra Wide Body)...

corporate watch

2007-11-12 00:00:00

City General Ins makes debut today The shares of City General Insurance Company Limited make its debut at DSE and CSE today (Monday) under 'N' category. DSE trading code for the company is "CITYGENINS" and DSE company code is 25734...

Musharraf reaffirms election schedule

2007-11-12 00:00:00

ISLAMABAD, Nov 11 (Agencies): Pakistan's military ruler said Sunday that parliamentary elections should be held on schedule and that his recent declaration of emergency rule was the "most difficult" decision he has ever made. We should have elections before the...

Clash in Iraq kills 18 Al-Qaida members

2007-11-12 00:00:00

BAGHDAD, Nov 11 (Agencies): Former Sunni insurgents asked the US to stay away, then ambushed members of al-Qaida in Iraq, killing 18 in a battle that raged for hours north of Baghdad, an ex-insurgent leader and Iraqi police said SaturdayThe...

Bush, Merkel say diplomatic solution needed on Iran

2007-11-12 00:00:00

CRAWFORD, (Texas), Nov 11 (Reuters): U.S. President George W. Bush and German Chancellor Angela Merkel said on Saturday they would seek a diplomatic solution in dealing with Iran's nuclear program. "What the Iranian regime must understand is that we will...

Deaths mark grim Afghan, Iraq milestones

2007-11-12 00:00:00

KABUL, Nov 11 (Agencies): Militants ambushed and killed six US troops walking in the mountains of eastern Afghanistan - the most lethal attack in a year that has been the deadliest for the US military here since the 2001 invasion....

Temple built 4,000 years ago unearthed in Peru

2007-11-12 00:00:00

LIMA, Nov 11 ((Reuters): A 4,000-year-old temple filled with murals has been unearthed on the northern coast of Peru, making it one of the oldest finds in the Americas, a leading archaeologist said on Saturday. The temple, inside a larger...