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Over 100 nomination papers cancelled on first day of scrutiny

2008-12-04 00:00:00

Nomination papers of more than 100 candidates were cancelled on the first day of scrutiny by the Returning Officers in different districts, reports UNB.Following is the list of candidates whose nominations were cancelled:Maj (rtd) Akteruzzaman, BNP rebel - Kishoreganj-2, Advocate...

McCain hopes parties will continue reforms

2008-12-04 00:00:00

Republican US Presidential candidate John McCain said reform process taken by the present administration is not yet complete and it is now time for an elected successor to continue the process and to build democracy and bring prosperity for its...

Market breaks bearish spell

2008-12-04 00:00:00

FE ReportDhaka stocks Wednesday, led by power and energy, IT and insurance issues, recorded a moderate rise. The benchmark index, DSE General Index (DGEN), All Shares Price Index (DSI) and the DSE20 Index (DS20) increased 31.22 points, 23.76 points and...

ICCB president blasts multilateral lenders

2008-12-04 00:00:00

FE ReportPresident of International Chamber of Commerce-Bangladesh (ICCB) Mahbubur Rahman has expressed his concern over attempts to influence Bangladesh Bank by the international agencies, particularly the IMF, to rein in private-sector credit growth to reduce inflationary pressure.Calling upon the Bangladesh...

Son killed, Gonotantrik Party chief critically injured in fire

2008-12-04 00:00:00

Jatiya Ganotantrik Party president Nurul Islam suffered severe burn injuries and his son Tomhur Islam alias Foji (35) was burnt to death, as a fire broke out in a flat of a six-storey building at Lalmatia in the city in...

EU to up ODA to 0.7pc by 2015: Mirza Aziz

2008-12-04 00:00:00

The European Union (EU) has assured an international conference in Doha, Qatar of increasing their Official Development Assistance (ODA) to 0.7 per cent of GNI by 2015 for fulfilling their commitment as per Monterrey Consensus, reports UNB. Finance Adviser Dr...

GP allocates private placement shares

2008-12-04 00:00:00

FE ReportThe country's largest mobile phone operator Grameenphone (GP) has allocated its shares at a price of Tk 7.40 each after the shares being oversubscribed three times under its private placement offering (PPO), sources said.The subscription agreement for the private...

ACC chief is ready to quit

2008-12-04 00:00:00

Anti-Corruption Commission (ACC) Chairman Lt Gen (retd) Hasan Mashhud Chowdhury Wednesday said he is ready to leave his position permanently, reports UNB."Why on leave? I am ready to go permanently. That's not a problem at all," he said at a...

28 injured in roof collapse in city

2008-12-04 00:00:00

At least 28 people were injured, seven of them critically, as the roof of an under construction mosque collapsed in city's Uttara area Wednesday noon. Police and witnesses said the roof of Park Jam-e-Masque at sector 4 suddenly collapsed at...

Bullet-hit man dies at city hospital

2008-12-04 00:00:00

KERANIGANJ, Dec 3: A man, who was injured in a gun attack at Char Kutur in Dakkhin Keraniganj, died at the Chest Disease Hospital in the capital early Wednesday. The deceased was identified as Shahadat (45). — UNB

Aziz given addl charge of principal secy to CA’s Office

2008-12-04 00:00:00

Cabinet Secretary M Abdul Aziz, NDC, has been given the additional charge of the principal secretary to the Chief Adviser's Office until some one is appointed to the post, said an official announcement Wednesday. — UNB

BB now identifies 88 loan defaulters among 2,447 polls aspirants

2008-12-04 00:00:00

FE Report The number of loan defaulters among 2,447 candidates, who intend to contest the parliamentary polls scheduled for December 29, finally rose to 88 Wednesday from 79 of the previous day. "We've already sent the names of identified loan...

SMEs urged to raise funds thru' bonds

2008-12-04 00:00:00

FE Report Chief Executive Officer of Dhaka Stock Exchange (DSE) Salahuddin Ahmed Wednesday urged the SMEs to raise funds through bonds as it is much easier and cost effective than borrowing from formal financial institutions.He was addressing a seminar on...

NBR revises VAT collection rule for banks' service charges

2008-12-04 00:00:00

Doulot Akter MalaNational Board of Revenue (NBR) has revised the VAT collection rule for the service charges of commercial banks that are charging less than the scheduled rate of Bangladesh Bank (BB), officials said.The NBR has decided to deduct Value...

14th DITF-'09 begins Jan 1

2008-12-04 00:00:00

FE ReportThe month-long 14th Dhaka International Trade Fair (DITF)-2009 will begin from January 1, 2009 as the Export Promotion Bureau (EPB) has nearly completed its preparation for holding this annual event. Chief Adviser Fakhruddin Ahmed is expected to open this...

US tries several options but fails to get early results

2008-12-04 00:00:00

From Fazle RashidNEW YORK, Dec 3: World in recession proclaims the shoulder heading of a seven column story in a reputed paper today. For good or bad Bangladesh, as its policy planners say, is not a part of this world....

Govt approves renewable energy policy

2008-12-04 00:00:00

M Azizur RahmanThe government approved Wednesday the renewable energy policy to woo private sector investments, tap the country's huge electricity generation potentials and ease the nagging electricity crisis across the country, said officials.The council of advisers has stamped the seal...

15pc deposit lies with Islamic banking

2008-12-03 00:00:00

FE ReportMurshid Kuli Khan, deputy governor of Bangladesh Bank said 15 per cent of total deposit and 16 per cent of total investment are under the Islamic banking."There are about 6500 branches in the country's banking network of whom only...

EU to adopt project to expand trade volume with Bangladesh

2008-12-03 00:00:00

Our CorrespondentCHITTAGONG, Dec 2: The European Union (EU), under its trade assistance programme, will undertake a special project to expand its trade volume with Bangladesh.This was disclosed at Chittagong Chamber auditorium recently at a seminar on Bangladesh Trade Support Programme...

Popular Pharma signs deal with Panacea

2008-12-03 00:00:00

FE Report Popular Pharmaceuticals Limited recently signed an agreement for technology transfer, marketing and distribution of vaccines with Panacea Biotec. Panacea Biotech Deputy Managing Director Rajesh Jain and Popular Pharma Chief Operating Officer Dr Pinaki Bhattacharya signed the agreement on...

City Bank relocates two branches in Chittagong

2008-12-03 00:00:00

City Bank has relocated two of its of branches in Chittagong city, namely Kadamtali branch and O.R. Nizam Road branch Sunday. Those two branches are relocated with modern online facilities for making more convenience to the customers, says a press...

Call rate, dollar in rising mood

2008-12-03 00:00:00

FE Report The inter-bank call money rate increased Tuesday despite injection of fresh cash through repurchase agreement (repo), as outflow of cash also took place through bills and bonds. The US dollar also gained against Bangladesh taka (BDT) in the...

ICAB's national awarding ceremony in city tomorrow

2008-12-03 00:00:00

Institute of Chartered Accountants of Bangladesh (ICAB) will hold the eighth ICAB national awards giving ceremony for Best Published Accounts and Reports-2007 at Bangladesh-China Friendship Conference Centre in the city at 7:00 pm tomorrow (Thursday), says a press release. Finance...

corporatewatch

2008-12-03 00:00:00

Bata Shoe announces 115pc interim dividendThe Bata Shoe has announced 115 per cent (Tk 11.50 per share of Tk 10 each) interim dividend for the year 2008 based on company performance from January 1, '08 to June 30, '08 and...

Court ruling brings down Thai government

2008-12-03 00:00:00

BANGKOK, Dec 2 (AP): A court dissolved Thailand's top three ruling parties for electoral fraud Tuesday and temporarily banned the prime minister from politics, bringing down a government that has faced months of strident protests seeking its ouster.The Constitutional Court...

India asks Pakistan to hand over terrorist suspects

2008-12-03 00:00:00

MUMBAI, Dec 2 (AFP): India demanded Tuesday that Pakistan hand over several terrorist suspects as the government faced mounting criticism over intelligence failures in the Mumbai attacks that left 188 dead.But Pakistan's prime minister said his government wanted proof of...

Three killed in Assam train blast

2008-12-03 00:00:00

A bomb has exploded in a passenger train in India's north-eastern state of Assam, killing at least three people, reports BBC.Assam police chief GM Srivastava told the BBC that 30 other passengers had been injured, some of them seriously.The train...

Violence in Karachi continuing

2008-12-03 00:00:00

Violence in the Pakistani city of Karachi is continuing despite appeals for calm by the main parties, reports BBC.At least 24 people have been killed in attacks by unidentified gunmen in the city since Saturday, a government spokesman said. But...

Gene 'may ward off lung cancer'

2008-12-03 00:00:00

Scientists have pinpointed a gene which protects against lung cancer. It is hoped the discovery of the role of the tumour suppressor gene - LIMD1 - may lead to new treatments and techniques to pick up disease earlier, reports BBC.Lung...

Cholera kills 473 in Zimbabwe: WHO

2008-12-03 00:00:00

HARARE, Dec 2 (AFP): Cholera has killed 473 people in Zimbabwe in the latest outbreak of the disease, the World Health Organisation (WHO) office in Harare said in a report, a copy of which was received Tuesday."A large cholera outbreak...