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corporatewatch

2009-03-12 00:00:00

LankaBangla recommends 15pc cash, 15pc stock dividendsThe board of directors of LankaBangla Finance has recommended 15 per cent cash and 15 per cent stock (15 shares per 100 shares held) dividends for the year that ended on December 31, '08....

MCCI for budgetary support to face 'economic emergency'

FE Report | 2009-03-12 00:00:00

Metropolitan Chamber of Commerce and Industry (MCCI) has placed a set of proposals for fiscal 2009-10 budget asking for trade and industry friendly fiscal measures to assist the productive sectors survive the current crisis."Though the country is fortunate not to...

Pubali Bank holds workshop on English writing

2009-03-12 00:00:00

Pubali Bank Training Institute arranged a workshop for the officers of the bank on 'Business English and writing skills' in the city recently.Pubali Bank Managing Director Helal Ahmed Chowdhury was present as chief guest of the workshop held at the...

Palm oil prices unlikely to reclaim highs in Malaysia

2009-03-12 00:00:00

LUMPUR, Mar 11 (AFP): Palm oil prices are unlikely to reclaim last year's record levels any time soon, Malaysian conglomerate Sime Darby, the world's largest listed palm oil producer, said today.Crude palm oil prices (CPO) plummeted from a peak of...

Southeast Bank holds foundation training

2009-03-12 00:00:00

The inauguration ceremony of six-day foundation training on general banking for the trainee cash officers of Southeast Bank Limited (SEBL) was held at bank's training institute in the city recently.Deputy Managing Director of the bank Syed Imtiaz Hasib, after welcoming...

news digest

Israeli airstrike hurts two | 2009-03-12 00:00:00

Palestinians in GazaGAZA, Mar 11: Two Palestinians were wounded early Wednesday when Israeli warplanes fired rockets at the border line between the Gaza Strip and Egypt, medical sources said. Mu'awia Hassanein, director of emergencies at the health ministry, said two...

Improving tax collection

Emdadul Haque | 2009-03-12 00:00:00

A government needs resources to take up various projects and programmes in the social and developmental sectors. The resources in large measures are supposed to be mobilised as taxes given by people and organisations. But as everyone concerned probably knows...

BB cuts interest rate on repo

Siddique Islam | 2009-03-12 00:00:00

The Bangladesh Bank (BB) has slashed its interest rate on repurchase agreement (repo) after nearly seven months aiming to offset the ongoing global financial recession through boosting fresh investment, officials said.The interest rate on repo auction was re-fixed at 8.50...

Mohsin Jute Mill declared laid-off

Our Correspondent | 2009-03-12 00:00:00

KHULNA, Mar 11: Mohsin Jute Mill has been declared laid-off for 45 days due to financial crisis as unsold finished goods piled up. Frustration gripped the workers and employees at the declaration of lay-off by the authority Sunday.The mill, situated...

BDR carnage trial under military law likely: Shafique

2009-03-12 00:00:00

Law, Justice and Parliamentary Affairs Minister Barrister Shafique Ahmed Wednesday said the trial of the carnage inside the BDR headquarters should be carried out under the military law to speedily dispose of what is seen as a matter of mutinous...

Clean up Uttara lake please!

2009-03-12 00:00:00

Uttara is now attracting a lot of people because most of the elitist schools have shifted to the area and many malls and markets have sprung up to cater to their needs. But unfortunately, many sectors are literally turning into...

Windies sweep Test series against England

2009-03-12 00:00:00

Fifth Test, Trinidad (day five, close): England 546-6 & 237-6 drew with West Indies 544 & 114-8England fell agonisingly short of victory as West Indies held on to draw the final Test and win the series 1-0, reports BBC.The Windies...

Westin Dhaka's CSR efforts lauded

2009-03-12 00:00:00

On the occasion of the Holy and auspicious month of Rabi-ul-Awal, the Institute of Hazrat Mohammad (SAW) as part of its regular annual programs organised an essay competition for the visually impaired students of its English language and computer skills...

Air Asia's entry may stimulate competition on Dhaka-KL route

A Z M Anas | 2009-03-12 00:00:00

Malaysian low-cost carrier Air Asia breaks into the Bangladesh market today, stoking fear that its entry could further undercut state airline Biman's stronghold on the Kuala Lumpur (KL) route, airlines officials said Wednesday.But Bangladesh affiliate of Air Asia said that...

10 killed in Alabama shooting rampage

2009-03-12 00:00:00

WASHINGTON, Mar 11 (AFP): A gunman in the southern state of Alabama went on a shooting rampage Tuesday, killing at least nine people before turning the gun fatally on himself, law enforcement officials have said.Authorities responded "to a series of...

Deflation worries stalk India economy as growth slows

2009-03-12 00:00:00

NEW DELHI, March 11 (AFP): It was less than a year ago that Indians watched inflation shoot to dizzying 13-year highs but now they are worried about deflation as growth slackens in Asia's third-largest economy.Deflation-in which falling prices prompt consumers...

President, PM hail counterparts of Mauritius

2009-03-12 00:00:00

President Zillur Rahman and Prime Minister Sheikh Hasina congratulated their counterparts of Mauritius on the occasion of the National Day of that country to be observed today (Thursday), reports UNB.In a message to Anerood Jugnauth, President of Mauritius, President Zillur...

Atrocious treatment by bus conductors

2009-03-12 00:00:00

I have still not seen a let up of the practice on the road-the atrocious habit of public transport bus conductors shoving passengers on the road, when their vehicle is still running and had not come to a complete halt....

Adivasi cultural festival begins today

2009-03-12 00:00:00

A three-day Adivasi Cultural Festival 2009 will begin on Shilpakala Academy premises in the city today (Thursday), reports UNB.Society for Environment and Human Development (SEHD), a research NGO, will organise the festival with the slogan-'Cultural Diversity is Our Pride'.

BNP nominates 5 for reserved women seats

2009-03-12 00:00:00

The Bangladesh Nationalist Party (BNP) has nominated five women to run the election to the reserved parliament seats, reports bdnews24.com.The party's standing committee chaired by the BNP Chairperson and leader of the opposition Khaleda Zia gave the nominations Tuesday night.The...

Prime Islami Life Insu confce held

FE Report | 2009-03-12 00:00:00

The annual conference of the Prime Islami Life Insurance Limited was held at the Diploma Engineers Institute in the city Wednesday.MA Wahhab, chairman of the company was the chief guest on the occasion.Syed Kamal Uddin Zafri, chairman of the Sharia...

Oil prices rebound in Asian trade

2009-03-12 00:00:00

SINGAPORE, Mar 11 (AFP): Oil prices rebounded in Asian trade today on expectations oil-producing nations will reduce output when they meet during the weekend, dealers said. New York's main futures contract, light sweet crude for April delivery, rose 29 cents...

CUFL officials give contradictory statements to CID

2009-03-12 00:00:00

CHITTAGONG, Mar 10 (bdnews24.com): Officials of Chittagong Urea Fertiliser Limited (CUFL) have given contradictory statements to CID investigators over offloading of 10 trucks of arms in 2004.Assistant superintendent of CID Moniruzzaman Chowdhury who is on the arms haul case said...

Sehwag powers India to series win

2009-03-12 00:00:00

India 201 for 0 (Sehwag 125*, Gambhir 63*) beat New Zealand 270 for 5 (McCullum 77, McGlashan 56*) by 84 runs (D/L method)Virender Sehwag blasted India's fastest ODI hundred as the visitors swept to a comprehensive win that secured their...

Tea association to raise salary of garden staff

2009-03-12 00:00:00

Bangladeshiyo Cha Sangsad -- Bangladesh Tea Association (BTA) -- the only representative body of tea estates of the country, has accomplished a bi-lateral agreement with Bangladesh Tea Estate Staff Association (BTESA) in the city recently, says a press release.As per...

Punishment for BDR carnage perpetrators demanded

2009-03-12 00:00:00

Bangladeshi students studying in Carleton and Ottawa universities in Canada have demanded exemplary punishment of perpetrators of the BDR Headquarters carnage through holding transparent, neutral and fair investigations, reports UNB.The demand came from a mourning meeting in memory of those...

Aussies sweep series

2009-03-12 00:00:00

DURBAN, Mar 10 (AP): Australia beat South Africa by 175 runs in the second Test at Kingsmead Tuesday to lead 2-0 in the three-match Test series:Scores: Australia: 352 (Phillip Hughes 115, Simon Katich 108, Michael Hussey 50; Dale Steyn 3-83)...

WB to help improve urban air quality

2009-03-12 00:00:00

The government has successfully concluded negotiations with the World Bank for a US$62.20 million Clean Air and Sustainable Environment (CASE) project aimed at helping the capital out of environmental degradation, reports UNB.An official release says CASE is an innovatively designed...

Merchant banking licence

Muhammad Ataul Haque | 2009-03-12 00:00:00

In the backdrop of an earlier announcement by the Securities and Exchange Commission (SEC) that more licences would be granted for operating merchant banking, a recent meeting of the commission for selection of the prospective licensees proposed by the selection...

Unilever arranges two-day health care programme

Our Correspondent | 2009-03-12 00:00:00

CHITTAGONG, Mar 11: A two-day health care programme, arranged under the auspices of Unilever Bangladesh Ltd, concluded on Hamidchar Government Primary School premises at Kalurghat area in the city recently. Industry minister Dilip Barua had inaugurated the health care programme.Unilever...