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DBBL opens 64th branch in city

2008-12-30 00:00:00

Dutch-Bangla Bank Limited has opened its 64th branch at Mirpur Circle-10 (231, Senpara Parbata) in the city. In this connection, an inaugural function was organised on the branch premises. Managing Director of the bank Md. Yeasin Ali inaugurated the branch...

GP to introduce BillPay for DESCO subscribers soon

2008-12-30 00:00:00

All subscribers of Dhaka Electric Supply Company (DESCO) will shortly be able to pay their electric bills either from their Grameenphone (GP) handset or from any GP-authorised BillPay outlets at anytime and from anywhere.In this connection, an agreement was signed...

Asian stocks advance on merger speculation, commodity prices

2008-12-30 00:00:00

TOKYO, Dec 29 (Bloomberg): Asian stocks climbed as merger talks boosted insurers and commodity producers advanced amid rising raw materials prices, paring the worst annual losses on record for the region's benchmark index.Mitsui Sumitomo Insurance Group Holdings Inc. jumped 8.30...

Europe shares advance in thin trading

2008-12-30 00:00:00

LONDON, Dec 29 (Reuters): European shares rose 1.0 per cent in thin trading Monday, with stronger crude and metals prices boosting commodity stocks, but analysts said the market remained cautious due to gloomy outlook in the near term.At 0928 GMT,...

Premier Bank opens 30th branch at Savar

2008-12-30 00:00:00

The Premier Bank Limited has opened its 30th branch at Savar Bus Stand. In this connection, an inaugural function was organised on the branch premises Sunday. Vice President and Manager of the Savar branch Moudud Ahmed presided over the function,...

Gulf stock investors lose $450 billion so far this year

2008-12-30 00:00:00

DUBAI, Dec 29 (Internet): Equity investors in the oil-rich Gulf are about to bid farewell to the worst year in the region's bourse history, poorer by more than US$450 billion (Dh1.65 trillion) after accumulating a massive wealth from share profits...

Korea's pension fund to cut stock investment in 2009

2008-12-30 00:00:00

SEOUL, Dec 29 (Bloomberg): South Korea's National Pension Service, the nation's biggest investor with 225 trillion won (US$178 billion) in assets, will add bonds and cut back on equity investment from an earlier target after the stocks slumped.Domestic stocks will...

Indian co to invest $5.862m in Karnaphuli EPZ

2008-12-30 00:00:00

An Indian company is going to set up a knit garments manufacturing industry in the Karnaphuli Export Processing Zone (EPZ).M/s White House Clothing BD (Pvt) Limited, a 100 per cent Indian company, will invest US$5.862 million in the project.In this...

Israeli assault targets symbols of Hamas power

2008-12-30 00:00:00

GAZA CITY, Dec 29 (AP): Israel's air force obliterated symbols of Hamas power on the third day of its overwhelming assault on Gaza Monday, striking a house next to the Hamas premier's home, devastating a security compound and flattening a...

Indo-Pak military talks to ease tensions on hotline

2008-12-30 00:00:00

ISLAMABAD, Dec 29 (AFP): Senior Pakistani and Indian military officers spoke over the weekend in an apparent bid to ease tensions that have mounted following last month's attacks in Mumbai, an official said Monday. The unscheduled conversation over the hotline...

'Obama will stick to tax promise'

2008-12-30 00:00:00

WASHINGTON, Dec 29 (Internet): President-elect Barack Obama's top advisers said Sunday that they wouldn't back away from a promise to cut taxes on the middle class and raise them for the wealthiest Americans, as they made the case for a...

Pro-Thaksin protesters ring Thai parliament

2008-12-30 00:00:00

BANGKOK, Dec 29 (AP): Thousands of supporters of exiled former Prime Minister Thaksin Shinawatra ringed Thailand's Parliament Monday, vowing to remain until the new government dissolves the legislature and calls general elections.The demonstrators dared lawmakers to pass through their ranks...

Pakistan suicide attack death toll rises to 41

2008-12-30 00:00:00

PESHAWAR, Dec 29 (AFP): The death toll from a suicide car bombing at a polling station in northwest Pakistan has risen to 41, the police said Monday, as Taliban-linked extremists claimed responsibility for the attack. The attack on Sunday destroyed...

Uganda rebels accused of massacre at church

2008-12-30 00:00:00

KAMPALA, Uganda, Dec 29 (AP): Attackers wielding machetes hacked to death dozens of people at a church in remote eastern Congo, witnesses said Monday, and the Ugandan army accused the Lord's Resistance Army rebels of the massacre.A European aid worker...

Somali president quits after 4 yrs in power

2008-12-30 00:00:00

MOGADISHU, Dec 29 (AP): Somalia's president resigned Monday as the head of his country's UN-backed government after four years of leading one of the most violent, impoverished countries in the world.Abdullahi Yusuf made the announcement in a speech before parliament...

High wind knocks out power to 413,000 in Michigan

2008-12-30 00:00:00

DETROIT, Dec 29 (AP): Wind gusting more than 60 mph knocked out power to about 413,000 Michigan homes and businesses Sunday as temperatures dipped back into the 20s and 30s.Meanwhile, flood warnings were posted throughout the Midwest as temperatures rose...

news digest

2008-12-30 00:00:00

Indonesia to send medical aid to Gaza JAKARTA, Dec 29: Indonesia, the world's most populous Muslim nation, is planning to send medical aid to Palestinian victims of Israeli air strikes in the Gaza Strip, official said Monday. The massive air...

Steyn stars as Proteas poised for series win

2008-12-30 00:00:00

South Africa look poised to seal a historic Test series victory in Australia after bowling out the hosts for 247 on day four in Melbourne, reports BBC. It left Graeme Smith's side needing just 183 to clinch a remarkable win...

Balaji, Vijay take TN to semis

2008-12-30 00:00:00

Tamil Nadu 306 (Kumar 75) and 227 for 2 (Badrinath 92*, Vijay 73) beat Bengal 345 (Tiwary 144, Ganapathy 5-59) and 187 (Balaji 6-24) by eight wicketsTamil Nadu were behind for three days of this contest but, on the fourth,...

Gerrard arrested in assault probe

2008-12-30 00:00:00

England and Liverpool footballer Steven Gerrard has been arrested following an alleged assault, reports BBC.Police were called at about 0230 GMT following a disturbance at a restaurant in Southport, Merseyside. Six men were detained later in a nearby street. The...

Federer, Nadal primed for early start

2008-12-30 00:00:00

PARIS, Dec 29 (AFP): Roger Federer faces an early start to the 2009 season as he begins his campaign to reclaim the world number one spot from Rafael Nadal. The Swiss star was deposed from the top ranking by Nadal...

Billionaire Slim denies Honda bid

2008-12-30 00:00:00

Mexican billionaire Carlos Slim has denied he is in talks about a rescue bid for the Honda Formula One team, reports BBC. Slim, who owns telecommunications firm Telmex and a racing team, was reported to be one of four interested...

Chelsea can catch Liverpool in `09: Scolari

2008-12-30 00:00:00

LONDON, Dec 29 (AFP): Luiz Felipe Scolari insisted the English Premier League title race was still open as his Chelsea side went into 2009 three points behind leaders Liverpool. The Blues topped the table at the end of November but...

Gasquet looks to new coach for 2009 revival

2008-12-30 00:00:00

BRISBANE, Dec 29 (AFP): Frenchman Richard Gasquet has turned to a new coach to help him launch a successful Australian campaign and a return to the world's top 10 rankings next year. Gasquet was ranked seventh last February before a...

Cahill happy to be Everton's lone ranger

2008-12-30 00:00:00

LIVERPOOL, Dec 29 (AFP): Australian international Tim Cahill believes his new role as a lone striker at English Premier League side Everton is improving him as a player. Everton, without injured attackers Yakubu, James Vaughan, Victor Anichebe and Louis Saha,...

Mendis joins Lankan squad

2008-12-30 00:00:00

Sri Lankan spinner Ajantha Mendis joined the squad in Bangladesh Monday after a quick recovery from an ankle injury that was expected to keep him out of the Test series, bdnews24.com reports. Mendis (23) suffered severe soft tissue damage in...

Vaughan misses out on West Indies

2008-12-30 00:00:00

Michael Vaughan's England future hangs in the balance after he missed out on a spot in the 16-man Test squad to tour West Indies next month. Ryan Sidebottom is back after injury while Adil Rashid is also named after being...

Winners, losers together to take country forward

2008-12-30 00:00:00

General Moeen U Ahmed expected that winners in Monday's winners along with the losers would work together for taking the country forward, the army chief, whose force backed up the interim regime in politico-electoral reforms, joined millions in voting for...

If results credible, parties should accept: EU chief observer

2008-12-30 00:00:00

EU chief election observer Alexander Lambsdorff Monday said political parties should accept the elections if results are credible and advance the country forward, reports UNB."We'll closely monitor counting the votes, consolidation and announcement," he told reporters after visiting several polling...

Biharis cast vote in JS poll for 1st time

2008-12-30 00:00:00

Stranded Pakistanis, known as Biharis, exercised their franchise for the first time Monday in the 9th parliamentary elections in independent Bangladesh, reports UNB.The Biharis, who achieved the voting rights following the High Court orders, thronged the polling centers at different...