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7.5 pc GDP possible if infrastructural dev ensured

2007-10-10 00:00:00

Our CorrespondentCHITTAGONG, Oct 09: Infrastructural development in establishing industries if ensured and environment friendly atmosphere created by retaining the qualitative standard of the products then it would not be difficult for the GDP of Bangladesh to increased to seven and...

WMSL opts for GP Business Solutions

2007-10-10 00:00:00

FE Report GrameenPhone (GP) Limited recently signed an agreement with Western Marine Services Limited (WMSL) to provide complete communication facilities under its Business Solutions package.WMSL Executive Director Arifur Rahman Khan and GP Head of Chittagong Division Sajjad Alam signed the...

Bangladesh to lead debate on investment, mkt access for LDCs

2007-10-10 00:00:00

Foreign Adviser Iftekhar Ahmed Chowdhury said Bangladesh as chairman of the Group of LDCs will lead the debates in the international economic negotiations for greater aid, investment and market access, reports UNB."While to be leader of a group of 50...

DM Rahman new MD of Mercantile Bank

2007-10-10 00:00:00

FE ReportDewan Mujibur Rahman joined Mercantile Bank Ltd (MBL) and took over the charge as its new managing director recently.Prior to joining the MBL, DM Rahman was the MD of Karmasangsthan Bank.He joined Janata Bank as the deputy managing director...

WMSL opts for GP Business Solutions

2007-10-10 00:00:00

FE Report GrameenPhone (GP) Limited recently signed an agreement with Western Marine Services Limited (WMSL) to provide complete communication facilities under its Business Solutions package.WMSL Executive Director Arifur Rahman Khan and GP Head of Chittagong Division Sajjad Alam signed the...

Bahrain keen to import goods, RMG from Bangladesh

2007-10-10 00:00:00

FE ReportBahrain is keen to import Bangladeshi readymade garments (RMG), frozen fish, vegetables, spices and food items. The Bahraini businessmen expressed their interest when a delegation of Saudi-Bangladesh Chamber of Commerce and Industry (SBCCI) visited Bahrain and met some leading...

Eid shopping gets momentum in Ctg

2007-10-10 00:00:00

Our CorrespondentCHITTAGONG, Oct 09: Eid shopping is getting momentum at the sidewalk markets as in different regular and posh markets and shopping malls of the port city. The sidewalk markets mainly cater to the needs of the low and limited...

Asian stocks rise to record, Honda Motor, Bharti Airtel advance

2007-10-10 00:00:00

LONDON Oct. 9 (Bloomberg): Asian stocks rose, driving indexes in eight countries to records. Honda Motor Co. led Japan's exporters higher after the yen reached a two-month low against the dollar. India's Sensitive Index surged 4.5 per cent, the biggest...

Emirates launches Eid offers for holidaymakers

2007-10-10 00:00:00

FE ReportEmirates Airlines recently made few special offers under its 'Emirates Holidays' package for the global holidaymakers. The package offers include beautiful natural spots in African getaways including island specials, shopping jaunts, short city stays and other destination programmes.Emirates' Eid...

Prince Bazar launches special Eid sales offer

2007-10-10 00:00:00

FE ReportPrince Bazar, an elite superstore, Iaunched a massive month-long sales offer at its own complex at Mirpur.The authority has announced special discounts for certain products available for the consumers.Prince Bazar has also offered some exclusive fabric and garment items...

IBBL organises Iftar for orphans

2007-10-10 00:00:00

FE Report Islami Bank Bangladesh Limited (IBBL) organised an Iftar mahfil for orphans of Bauniabad Islamia Yeatimkhana and Madrasah at the Madrasah premises Monday. IBBL Executive Committee Chairman Mominul Islam Patwary was present at the Iftar mahfil as the chief...

Rapport chairman achieves Indira Global award

2007-10-10 00:00:00

FE ReportRapport Bangladesh Limited Chairman and Managing Director M Mosharraf Hossain had received the "Indira Global Best Achievers Award-2007" for his outstanding contribution to management education and training programme. M Mosharraf Hossain has been awarded by Shree Chanakya Education Society's...

corporate watch

2007-10-10 00:00:00

Response to DSE queryICB Islamic Fund: In response to a Dhaka Stock Exchange (DSE) query, ICB Islamic Mutual Fund has stated that there is no undisclosed price sensitive information of the Fund for the recent unusual price hike of its...

Britain to reduce troops in Iraq to 2,500 next spring

2007-10-10 00:00:00

LONDON, Oct 9 (XINHUA): British Prime Minister Gordon Brown said Monday that his country would reduce its troops in Iraq to 2,500 by spring 2008. "We plan for next spring to reduce force numbers in southern Iraq to a figure...

Sunni leader calls on Iraqis not to fight Al-Qaeda

2007-10-10 00:00:00

BAGHDAD, Oct 9 (AFP): Leading Iraqi Sunni cleric Harith al-Dhari has urged Iraqis not to join US forces in fighting Al-Qaeda, arguing that by doing so they are siding with the occupier. "A decision to stand beside the occupying enemy...

China opposes strong UN action against Myanmar

2007-10-10 00:00:00

BEIJING, Oct 9 (AFP): China said Tuesday it opposed any strong world pressure against close ally Myanmar over the bloody repression of democracy demonstrations, warning that it could exacerbate tensions there. "Sanctions or pressure will not help to resolve the...

40th death anniversary of Che Guevara observed

2007-10-10 00:00:00

SANTA CLARA, Cuba, Oct 9 (AFP): Leftist leaders and sympathisers marked the 40th anniversary of the death of revolutionary icon Ernesto 'Che' Guevara Monday in Cuba, where he is buried, and Bolivia, where he was killed in 1967. Acting president...

Political tensions as ElBaradei starts India visit

2007-10-10 00:00:00

MUMBAI, Oct 9(BSS/AFP) - UN atomic energy chief Mohammed ElBaradei began a three-day visit to India Tuesday as the country's ruling coalition appeared headed for a break-up over a civil nuclear energy pact with the United States. The International Atomic...

Two suicide truck bombs in Iraq kill 12

2007-10-10 00:00:00

TIKRIT, Iraq, Oct 9 (AFP) : Two suicide truck bombs separately targeting a police chief and a tribal leader involved in the fight against Al-Qaeda killed 12 people Tuesday in Baiji north of Baghdad, police said. At least 50 people...

Chavez takes on vices in Venezuela with new taxes

2007-10-10 00:00:00

CARACAS, OCT 9 (AP): President Hugo Chavez is on a moral crusade in Venezuela, preaching against vices from alcohol to cholesterol, vowing to curb whisky imports and ordering beer trucks off the street.His government announced increased taxes on alcohol and...

US considers significant food aid to NKorea

2007-10-10 00:00:00

SEOUL, Oct 9 (BSS/AFP) - The United States is considering providing significant food aid to North Korea in another sign of warming ties between the two Cold War foes, a South Korean official said Tuesday. Relations improved after the North...

UN High Commissioner for Human Rights visits Sri Lanka

2007-10-10 00:00:00

COLOMBO, OCT 9 (AP): UN High Commissioner for Human Rights Louise Arbour arrived in Sri Lanka Tuesday for a five-day visit to investigate human rights amid rising international concerns. Arbour will meet government officials and representatives of civil society during...

news digest

2007-10-10 00:00:00

Space fever grips Malaysia as launch nears KUALA LUMPUR, Oct 9 (AFP): Space fever has gripped Malaysia as the nation prepares to watch its first astronaut blast off into space from a launch site in Kazakhstan Wednesday. Sheikh Muszaphar Shukor,...

CA lauds role of lawyers in establishing rule of law

2007-10-10 00:00:00

Chief Adviser (CA) Dr Fakhruddin Ahmed Tuesday appreciated lawyers for their role in establishing rule of law and expressed the hope that they would continue to make their contribution.The Chief Adviser said this when a delegation of the Bangladesh Bar...

Ex-BNP MP Manjurul Ahsan Munshi gets 13 years

2007-10-10 00:00:00

A Special Court in Dhaka sentenced detained former BNP lawmaker Manjurul Ahsan Munshi to 13 years in jail Tuesday and acquitted his wife and two sons in a graft case, reports UNB.The court also fined Munshi Tk 6.50 million, in...

Mannan supports B Chy's call for national govt

2007-10-10 00:00:00

Expelled BNP secretary general Abdul Mannan Bhuiyan welcomed former President and Bikalpadhara chief Professor Badruddoza Chowdhury's call for a government of national consensus, saying that this transitional arrangement would help resolve many problems facing the nation, reports UNB.Talking to reporters...

Arrest warrants against ex-Jamaat MP Shahjahan Chy, Faisal Morshed issued

2007-10-10 00:00:00

CHITTAGONG, Oct 9 (UNB): The Divisional Special Judge Court here today (Tuesday) issued arrest warrants against former Jamaat lawmaker Shahjahan Chowdhury and former foreign minister Morshed Khan's son Faisal Morshed Khan for not appearing before it in a corruption case....

President for making govt audit management more transparent, accountable

2007-10-10 00:00:00

President Iajuddin Ahmed urged the Comptroller and Auditor General of Bangladesh to take steps for making government's audit management more transparent and accountable, reports UNB. The President said this when Comptroller and Auditor General of Bangladesh Asif Ali met him...

British HC warns people against hoax Internet scams

2007-10-10 00:00:00

The British High Commi-ssion in the city Tuesday warned people against being duped by Internet scams, which claim to offer large financial rewards in return for an initial payment, reports UNB.Head of Trade and Investment at the British High Commission...

Fifteen persons killed in separate incidents

2007-10-10 00:00:00

Fifteen persons were killed and many others injured in separate incidents in different places of the country during the last two days, report agencies.In Comilla, six people were killed and 10 others injured when a bus rammed into a microbus...