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Training workshop on productivity management held

2008-11-25 00:00:00

A five-day long training workshop on 'Productivity Management and Quality Control of Electrical Products' organised by the Institute of appropriate technology (IAT) of BUET began in the city Sunday, says a press release.Owners, managers, entrepreneurs, technologists and engineers of various...

Malaysian firm starts building Vietnam's biggest steel plant

2008-11-25 00:00:00

HANOI, Nov 24 (AFP): Malaysia's Lion Industries and Vietnamese shipbuilder Vinashin have started building the country's biggest steel plant, set to cost 9.8 billion dollars, state-run Vinashin said today. The complex will be located on 1,650 hectares (4,000 acres) in...

BCI for more backward linkage industries to diversify export

2008-11-25 00:00:00

BCI President AK Azad urged the government to patronise the entrepreneurs for setting up of more backward linkage industries, to diversify export and to develop other potential sectors to face global competition.He said this while presiding over the 22nd annual...

Pubali Bank opens 362nd branch at Gachbari in Sylhet

2008-11-25 00:00:00

Pubali Bank Managing Director Helal Ahmed Chowdhury stated that the bank is capable of contributing more to industrialisation and foreign trade of the country by dint of its efficient management, accumulated deposit and adequate foreign currency reserve. He was presiding...

ACC team unearths Tk 260m scam in BTCL

2008-11-25 00:00:00

The Anti-Corruption Commission (ACC) has unearthed huge corruption and irregularities in the Bangladesh Telecommunications Company Limited (BTCL), previously known as Bangladesh Telegraph and Telephone Board (BTTB), reports UNB.A special team constituted to look into graft in the Ministry of Post...

Call rate unchanged, greenback gains

2008-11-25 00:00:00

FE Report The inter-bank call money rate remained unchanged Monday despite withdrawal of cash through reverse repurchase agreement (repo). The US dollar, however, posted slight gain against Bangladesh taka (BDT) in the inter-bank foreign exchange market due to increased demand...

US Treasury pours another $20b for saving Citi

2008-11-25 00:00:00

The federal government stepped in Sunday night to bail out Citigroup, promising to protect the bank against losses on hundreds of billions of dollars worth of troubled assets.After a week in which Citi's shares plummeted 60 per cent amid mounting...

EBL principal branch takes new look

2008-11-25 00:00:00

Eastern Bank Limited (EBL) principal branch at Dilkusha has been renovated with a view to providing better service and banking facilities to its clients. EBL Managing Director-cum-CEO Ali Reza Iftekhar inaugurated the renovated branch recently, says a press release. EBL...

BSRS earns Tk 213.6m profit

2008-11-25 00:00:00

Bangladesh Shilpa Rin Sangstha (BSRS) earned a profit (before tax) of Tk 213.60 million during fiscal year (FY)-2007-2008. The figure was disclosed at the board of directors meeting of the company in the city Sunday, said a press release.Chairman of...

Increased price, gas supply shortage 'hit CNG sector hard'

2008-11-25 00:00:00

Mehdi Musharraf BhuiyanIncreased price of compressed natural gas and the prevalent gas supply shortage are leaving their mark on the country's first ever "International CNG Exhibition' running in the city.Talking to FE over the outcome of the fair, a great...

Asian stocks end lower

2008-11-25 00:00:00

HONG KONG, Nov 24 (AFP): Asian stock markets were down today amid uncertainty for the world economy despite a US government rescue pledge for global banking giant Citigroup. Investors had been cautious over the future of the ailing bank, which...

Saudi shares surge as other Gulf markets slide

2008-11-25 00:00:00

KUWAIT CITY, Nov 24: The Saudi stock market surged Monday but other markets in the Gulf fell, led by Dubai despite government assurances that the booming emirate was capable of dealing with its huge foreign debt, according to Internet.The Saudi...

corporatewatch

2008-11-25 00:00:00

Northern General Ins, Standard Ins make debut todayTrading of the shares of Northern General Insurance Company Limited and Standard Insurance Limited will start at DSE and CSE from today (Tuesday) under 'N' category. DSE Trading Code for Northern General Insurance...

Tiger rebels claim killing 43 Sri Lankan soldiers

2008-11-25 00:00:00

COLOMBO, Nov 24 (AFP): Tamil Tiger rebels fought an intense battle with government forces advancing into their territory in northern Sri Lanka and killed at least 43 soldiers, a pro-rebel website reported Monday. Members of the Liberation Tigers of Tamil...

Separate blasts kill at least 20 in Baghdad

2008-11-25 00:00:00

BAGHDAD,Nov 24 (AP): A female suicide bomber blew herself up near an entrance to the US-protected Green Zone and a bomb tore through a minibus carrying Iraqi government employees in separate attacks Monday, killing at least 20 people, Iraqi officials...

Opposition makes gains in Venezuela vote

2008-11-25 00:00:00

CARACAS, Nov 24 (AP): President Hugo Chavez's opponents made important gains in Venezuela's local elections, capturing the Caracas mayor's office and two of the most populous states, but his allies won a strong majority.With more than 95 per cent of...

Thai parliament session postponed amid protests

2008-11-25 00:00:00

BANGKOK, Nov 24 (AFP): A joint parliament session of elected MPs and senators was postponed Monday after thousands of anti-government demonstrators surrounded the building, house speaker Chai Chidchob said. Parliament had been due to convene at 9:30 am (0230 GMT),...

Publishers cash in over Obama book boom

2008-11-25 00:00:00

WASHINGTON, Nov 24 (AFP): The literati are back in charge of Washington as sales of books by, related to or merely mentioned by Barack Obama rocket ahead of the author-politician's entry into the White House. Tomes by Obama himself occupy...

Taleban, al-Qaeda forces pushed back from Peshawar

2008-11-25 00:00:00

PESHAWAR, Nov 24 (AP): A two-week operation to secure the frontier city of Peshawar, which sits on a key supply route for US and NATO troops in Afghanistan, killed 25 suspected militants, a Pakistani official said Monday.Security forces backed by...

Shippers seek naval blockade of Somali coast

2008-11-25 00:00:00

KUALA LUMPUR, Nov 24 (AP): A shipping body and tanker owners from around the world Monday called for a military blockade along the coast of Somalia to intercept pirate vessels heading out to sea.Peter Swift, managing director of the International...

news digest

2008-11-25 00:00:00

Top UN team visiting Afghanistan KABUL, Nov 24: A delegation from the United Nation's Security Council will push for regional cooperation as it takes stock of the situation in Afghanistan, the UN said in a statement Monday. Among the 15-member...

Abahani play 2-2 draw with Mohammedan

2008-11-25 00:00:00

Holders Dhaka Abahani Limited played to a 2-2 goals draw with their arch rival Dhaka Mohammedan Sporting Club in the high voltage match of the Citycell 2nd B League at the Bangabandhu National Stadium in the city Monday, reports UNB.Despite...

Rajin Saleh guides Sylhet Div

2008-11-25 00:00:00

Riding on Rajin Saleh's 94 runs, Sylhet Division were 256 for 5 in 90 overs against hosts Dhaka Division on the first day of the four day 7th round match of the Ispahani Mirzapore Tea 10th National Cricket League at...

India thwart England to clinch one-day series

2008-11-25 00:00:00

BANGALORE, Nov 24 (Reuters): India grabbed crucial wickets in the final overs to win the fourth one-dayer against England by 19 runs under the Duckworth-Lewis method Sunday to take an unbeatable 4-0 lead in the seven-match series. India's left-arm bowler...

FIFA could offer more time to future WC hosts

2008-11-25 00:00:00

JOHANNESBURG, Nov 24 (Reuters): FIFA is considering picking the 2018 and 2022 soccer World Cup hosts by the end of 2010 to allow more time for major infrastructure work, world soccer's governing body FIFA said Sunday. FIFA General Secretary Jerome...

Verdasco hands Spain third Davis Cup tennis title

2008-11-25 00:00:00

MAR DEL PLATA, Argentina, Nov 24 (AFP): Fernando Verdasco won the Davis Cup for Spain here Sunday, beating Argentina's Jose Acasuso 6-3, 6-7 (3/7), 4-6, 6-3, 6-1 to give his country a third title after 2000 and 2004 and deny...

AFC boss Bin Hammam now favour of EPL's 39th game plan

2008-11-25 00:00:00

SHANGHAI, Nov 24 (AFP): AFC President Mohamed Bin Hammam says he is now firmly in favour of the English Premier League's controversial plans to play a 39th round of fixtures, with Asia keen to play host.Bin Hammam changed his mind...

Progoti Sangha draw with Kadamtola

2008-11-25 00:00:00

Karwan Bazar Progoti Sangha played to a 1-1 draw with Kadamtola Sangsad in the Metropolis Second Division Football League at the Bir Shreshtho Shaheed Sepoy Mohammad Mostafa Kamal Stadium at Kamalapur in the city Monday, reports UNB.Hamidur Rahman Mamun scored...

Bangladesh earns two more medals

2008-11-25 00:00:00

Bangladesh earned two more medals on the 3nd day of the 4th South Asian Shooting Championship in Islamabad Monday, reports UNB.Bangladesh women’s team comprises Olympian shooter Sabrian Sultana (490.4), Tripti Dutta (485.7) and Sharmin Akhter (484.5) won the silver medal...

Hasina fears election engineering

2008-11-25 00:00:00

Awami League (AL) chief Sheikh Hasina has expressed the fear that the upcoming parliamentary election might be engineered, reports bdnews24.com. "We have campaigned for a free and fair election, and I have suspicion that the voting results might be turned...