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Made-in-Bangladesh software receives Microsoft certification

2007-10-28 00:00:00

For the first time ever in Bangladesh, PyxisNet Ltd. earned certification by Microsoft through developing an application software named Groupcare. Net, which passed a series of tests to qualify for the Platform Test for Hosted Solutions program.Groupcare.Net is a web-based...

Microsoft buys stake in facebook

2007-10-28 00:00:00

Brad StoneMicrosoft has won a high-profile technology industry battle with Google and Yahoo to invest in the social networking upstart Facebook.The two companies said on Wednesday that Microsoft would pay $240 million for a 1.6 percent stake in Facebook. The...

MySpace says: Skype me

2007-10-28 00:00:00

Erika BrownMySpace and Skype are teaming up to create the world's largest online voice network. MySpace members will be able to make Internet phone calls using Skype's telephony network and MySpace's instant message program.MySpace says 110 million unique users come...

Google expected to be on the mark

2007-10-28 00:00:00

Wendy TanakaGoogle's back. After a surprising second-quarter earnings miss, analysts expect the company to deliver blockbuster third-quarter results recently. Strong advertising sales growth from improved search technology and tighter controls on expenses--translation: not hiring every engineer in sight--should buoy the...

Gmail how has IMAP support

2007-10-28 00:00:00

K.C. Jones Gmail users can now use IMAP to synchronize e-mail on their iPhones and desktops.Matthew Glotzbach, product management director for Google Enterprise, announced the release of IMAP support in Gmail recently in New York. Glotzbach, a keynote speaker, said...

Internet is not a substitute for libraries

2007-10-28 00:00:00

AIM Jakaria Rahman and Momena KhatunThe library has, since long, been considered to be the source and reservoir of knowledge. In higher education and research, library has specific functions to facilitate the extensive use of learning resources by students, teachers...

Media-marketing needs proper grooming

2007-10-28 00:00:00

FE SpecialIn an interview with the Financial Express (FE), Habib Mohammad Ali, public relation officer of East West University said that a journalism graduate may find the job of a public relations officer (PRO) in educational institutions in a very...

Dean faces challenges as he targets global stage

2007-10-28 00:00:00

At 66 years old, it would be fair to say that MR Rao has seen more business schools than most. Having studied and taught at some of the world's most established and revered institutions - NYU Stern, Rochester, Carnegie-Mellon and...

UN budget for 2008-09 'technically inadequate'

2007-10-28 00:00:00

UNITED NATIONS, Oct 27 (PTI): In a sharp criticism of the USD 4.2 billion UN budget presented by Secretary General Ban Ki-moon for 2008-09, India has slammed its emphasis only on peace, security and human rights rather than on resolving...

India's poorest march on capital protesting land acquisition

2007-10-28 00:00:00

PALWAL, India, Oct 27 (AFP): A serpentine column of India's poorest of the poor is moving across cities, determined to reclaim their land taken over in the name of the country's heady economic boom. About 25,000 landless farmers, many of...

US mortgage industry facing more troubles

2007-10-28 00:00:00

NEW YORK, Oct 27 (AP): In all phases of the mortgage industry this week, from the people who make the loans to the people who insure them, the news was bad - and most of them expect it to get...

Int'l recording industry asks Pakistan to crackdown on piracy

2007-10-28 00:00:00

ISLAMABAD, Oct 27 (PTI): Pakistan is one of world's top producers and exporters of pirated CDs and DVDs, with illegal factories producing over 230 million discs in 2004 before authorities launched a crackdown. The government has shown strong political will...

Surging oil price smashes through 92 dollars

2007-10-28 00:00:00

LONDON, Oct 27 (AFP): Crude oil prices rocketed towards 100 dollars a barrel this week on supply worries linked to fraught tensions in key crude producers and falling energy stockpiles in the United States. OIL: World oil prices surged to...

People’s Insurance holds 22nd AGM

2007-10-28 00:00:00

FE ReportThe 22nd Annual General Meeting of Peoples Insurance Company Limited was held Thursday in LGED Bhaban Auditorium in the city. Peoples Insurance Chairman Md Abul Bashar presided over the meeting. Directors Nazmul Ahsan Khaled, Amir Humayun Mahmud Chowdhury, Md...

Oil price hits record high on Iran tensions, supply concerns

2007-10-28 00:00:00

NEW YORK, Oct 27 (AFP): World oil prices surged to historic highs Friday, breaching 92 dollars for the first time in New York amid rising tension in crude-rich Iran and tightening US energy supplies. New York's main futures contract, light...

Demand from India helps gold surge to 28-yr high globally

2007-10-28 00:00:00

London, Oct 27 (PTI): Gold prices surged to nearly 28- year high in global market yesterday, mostly supported hy the rising demand from Indian markets where precious metal scale 17- month high on heavy demand for the seasonal demand. While...

Dollar slumps to record low against euro

2007-10-28 00:00:00

NEW YORK, Oct 27 (AFP): The dollar tumbled to a fresh record low against the euro yesterday as expectations mounted that the Federal Reserve would cut US borrowing costs again next week. Traders said an expected interest rate cut by...

Developing countries urged to open markets for LDCs to cut trade gaps

2007-10-28 00:00:00

Foreign Secretary (FS) Touhid Hossain called upon the developed countries to provide duty-free and quota-free market access of all products from all least developed countries (LDCs) without any restrictions, reports UNB.He made the call while he was making a statement...

Prime Bank branch now at Subidbazar

2007-10-28 00:00:00

FE ReportPrime Bank Limited (PBL) Chairman Azam J Chowdhury inaugurated its 55th branch at Subidbazar in Sylhet as the chief guest recently. Managing Director of the bank A Shahjahan Bhuiyan presided over the function while local elite, businessmen and officials...

LPG price rises in Ctg market again

2007-10-28 00:00:00

Our CorrespondentCHITTAGONG, Oct 27: Due to lack of adequate supply, price of liquefied petroleum gas (LPG) has registered a sudden hike again and the price of a cylinder has now increased by around Tk 380, sources said.According to the sources,...

30,000 rendered jobless as 23 salt industries go bust in Khulna

2007-10-28 00:00:00

Some 30,000 people have become jobless as so far 23 big salt industries were closed down in Khulna district reportedly for shortage of funds and reluctance on part of authorities concerned, reports UNB.The hapless people were involved directly or indirectly...

Citi Bank NA to provide off-shore banking service in Ctg EPZ

2007-10-28 00:00:00

FE ReportCiti Bank NA will provide off-shore banking services in Chittagong Export Processing Zone (CEPZ) to facilitate the investors, said a press release.An agreement to this effect was signed between the Bangladesh Export Processing Zones Authority (BEPZA) and Citi Bank...

IBBL holds board of directors meeting

2007-10-28 00:00:00

FE ReportA meeting of the board of directors of the Islami Bank Bangladesh Limited (IBBL) was held Thursday in the city. IBBL Chairman Abu Nasser Muhammad Abduz Zaher presided over the meet. Foreign and local directors including Yousif Abdullah Al-Rajhi,...

MCC Transport 'MV Sezela' arrives today

2007-10-28 00:00:00

FE ReportWith the commitment of comprehensive coverage, reduced lead time, improved reliability and to deliver multiple weekly sailing to a great number of ports on the major Asian trade lanes, the first vessel of the MCC Transport 'MV Sezela' will...

Value Week begins at Agora

2007-10-28 00:00:00

FE ReportA 10-day special promotional campaign titled Value Week began at the Agora, a superstore, Thursday, according to a press release.With a view to giving buyers extra buying freedom, Rahimafrooz Superstores Limited, the owning company of Agora, runs the Week...

Greenback sustains earlier gains

2007-10-28 00:00:00

Sarwar Zahan US dollar sustained its earlier gains against Bangladesh taka (BDT) last week despite higher demand for greenback, fund managers said. The exchange rate of greenback moved between Tk 68.69 and Tk 68.71 against the previous week's range between...

Asian markets end higher

2007-10-28 00:00:00

BANGKOK, Oct 27 (AP): Most Asian markets rose Friday, with Hong Kong hitting its second straight record close and Japan getting a lift from Honda and Sony earnings.Hong Kong's Hang Seng broke the 30,000-point barrier Friday for the first time.Shares...

CPA recovers occupied land worth Tk 20m

2007-10-28 00:00:00

Our CorrespondentCHITTAGONG, Oct 27: The Chittagong Port Authority (CPA) has demolished different illegal structures established on the port land in the city's Newmooring area during its drive against illegal structures.The CPA also recovered about seven Katha of land worth about...

Square Toiletries to launch Meril Splash soon

2007-10-28 00:00:00

FE ReportSquare Toiletries Limited, one of the top cosmetics and toiletries manufacturers of the country, is going to launch Meril Splash, a beauty soap especially developed for Bangladeshi girls, in the local market, according to a press release. The new...

Naser Ahmed wins Nehemiah Award

2007-10-28 00:00:00

FE ReportNaser Ahmed, director of external affairs, Chevron Bangladesh, has been awarded the '2007 Nehemiah Award' by the International Board of Director (IBOD) of Habitat for Humanity International, Asia Pacific region. The award was conferred on him for his valued...