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Govt borrows Tk 7.0b thru' treasury bills

2007-10-08 00:00:00

FE Report The government borrowed Tk 7.00 billion (700 crore) Sunday through auctions of treasury bills. It will result in withdrawal of Tk 7.00 billion from the market in the week.The central bank conducted auctions of 28-day, 91-day, 182-day and...

PBL holds seminar on 'manager and his job'

2007-10-08 00:00:00

FE ReportPubali Bank Ltd (PBL) held a seminar on 'manager and his job' for its regional heads, corporate branch managers and senior executives in the city recently.PBL Training Institute organised the seminar that was attended by Managing Director (MD) of...

Qatar Airways' Eid holiday packages worldwide

2007-10-08 00:00:00

FE ReportIn celebration of the forthcoming Eid al-Fitr festive holidays, Qatar Airways is offering a huge choice of post-Ramadan holiday packages to a host of international destinations served by the national airline, said a press release.Through its holiday division Qatar...

Royal Bengal to launch domestic flights

2007-10-08 00:00:00

FE ReportRoyal Bengal Group, a British-Bangladeshi joint-venture, will launched domestic flights in Bangladesh.Royal Bengal Group celebrated the arrival of its first aircraft as it roared through the skies of the country.The Dash-8 flew into Zia International Airport where Royal Bengal...

StanChart signs home loan deal with Livingstone

2007-10-08 00:00:00

FE Report Standard Chartered Bank (SCB) signed an agreement with Livingstone Limited in the city recently. SCB Head of Mortgage and Auto Tarek Reaz and Livingstone Managing Director Mohammed Iqbal signed the agreement on behalf of their respective organisations. SCB...

DBBL workshop on 'prevention of money laundering'

2007-10-08 00:00:00

FE Report Dutch-Bangla Bank Limited (DBBL) organised a day-long workshop on Prevention of Money Laundering at the DBBL Training Centre in the city Saturday. DBBL Additional Managing Director AHM Nazmul Quadir inaugurated the workshop as the chief guest.DBBL Deputy Managing...

SJIBL holds its board meeting

2007-10-08 00:00:00

FE ReportThe 82nd meeting of the board of directors of Shahialal Islami Bank Limited (SJIBL) was held at its boardroom in the city recently. The meeting was presided over by Director of the bank Anwer Hossain Khan. The board approved...

Import L/Cs rise 29pc in Jul-Aug led by food items

2007-10-08 00:00:00

Import letters of credit (L/Cs) during the first two months of the current fiscal year increased 29 per cent to $3,590 million compared to the same period last fiscal year mainly due to huge influx of food items, reports UNB.L/Cs...

WB country director visits CEPZ

2007-10-08 00:00:00

CHITTAGONG, Oct 7 (UNB): World Bank (WB) Country Director Xian Zhu visited Chittagong EPZ and Korean EPZ respectively Sunday.Xian Zhu first visited the factories of Young One, Denim Plus (Pvt) Ltd and EP Shet (Pvt) Ltd and then left for...

Thrust on Integrated pests managements

2007-10-08 00:00:00

RANGPUR, Oct 7 (BSS): Experts in the concluding session of a five-day orientation course on 'integrated pests managements' (IPM) methods here Sunday said the overall agro-productions of all variety crops would increase significantly if the farmers properly implemented the methods.Besides,...

Telecom plans to offshore corporate hosting service

2007-10-08 00:00:00

NEW YORK, Oct 7 (AFP): Telecom has approached providers in New Zealand, Australia and the United States to take over the hosting of corporate internet services, sources said.According to an industry source, who did not wish to be named, Telecom...

Altaf Hossain new vice-chairman of Dhaka Bank

2007-10-08 00:00:00

FE Report Altaf Hossain Sarker has been elected vice-chairman of Dhaka Bank Limited (DBL) in the 129th board meeting of the bank held in the city recently. Sarker is also a sponsor shareholder of the bank.He is the chief executive...

IBBL holds 'Iftar mahfil' for flood-hit people

2007-10-08 00:00:00

FE ReportIslami Bank Bangladesh Limited (IBBL) organised an 'Iftar mahfil' for the flood-affected people of Manikdi on the MI Dakhil Madrasah premises at Manikdi Friday.IBBL Executive Committee (EC) Chairman Mominul Islam Patwary was present on the occasion as the chief...

Japanese stocks eye earnings

2007-10-08 00:00:00

TOKYO, Oct 7 (AFP): Japanese share prices are likely to remain buoyant in the coming week, particularly if major US companies report solid earnings and concerns over credit market woes continue to ease, dealers said.Investors will weigh US and domestic...

Johny's Eid collection for various age groups

2007-10-08 00:00:00

FE Report Johny Textile Mills Limited has been in the Eid Market with variety of its Eid releases in saris, three-pieces, lungis and printed fabrics including voil, poplin etc. One of their main brands of cotton print saris is the...

RFL Plastics to give special rates for GP ubscribers

2007-10-08 00:00:00

FE ReportGrameenphone Ltd. recently signed an agreement with RFL Plastics Ltd. in order to provide grameenphone public phone and village phone subscribers special rates on purchasing any plastic items available at the select sales outlets of RFL Plastics Ltd.Under the...

Indian top court issues notice to pharma co

2007-10-08 00:00:00

NEW DELHI, Oct 7 (Xinhua): India's highest court has issued a notice to pharmaceutical company Cadila Healthcare Limited over a state government complaint that it was supplying drugs unfit for consumption, the Press Trust of India (PTI) reported Sunday. India's...

corporate watch

2007-10-08 00:00:00

Recommendation of company dividendImam Button: The board of directors of Imam Button Limited has recommended 10 per cent cash dividend for its shareholders for the year 2006- 2007. The annual general meeting (AGM) of the company will be held on...

IPO diary

2007-10-08 00:00:00

Continental Insurance LimitedNature of Business : Insurance businessSubscription Open : Nov 18, 2007Subscription Close : Nov 22, 2007For Non resident : Nov 18 to Dec 1, 2007Offer Price (Tk.): 100.00Face Value (Tk.): 100.00Market lot (Share): 50Sponsors Portion (Share): 600,000Public Offer...

WASA chief engineer blames DESA for water crisis in city

2007-10-08 00:00:00

Chief Engineer of Dhaka Water Supply and Sewerage Authority (WASA) Nurul Haque Sunday blamed Dhaka Electricity Supply Authority (DESA) for the frequent disruption in water supply in different parts of the city, reports UNB."DESA is responsible for the present water...

Farmers demonstrate in Sherpur demanding fertiliser supply

2007-10-08 00:00:00

SHERPUR, Oct 7 (UNB) : Around 300 farmers demonstrated in front of the local Agriculture Extension Department (AED) at Khamarbari in the district town and locked its office for three hours Sunday, demanding immediate supply of fertiliser.Witnesses said, the agitated...

Mobile court realises Tk 0.1m fine in Barisal

2007-10-08 00:00:00

BARISAL, Oct 7 (UNB) : A mobile court, led by a magistrate, Saturday fined two private hospitals, two clinics and six diagnostic centres Tk 0.1 million on various charges. Magistrate ATM Mahbubul Karim conducted the drive with the help of...

Yarn-laden truck seized in Joypurhat

2007-10-08 00:00:00

JOYPURHAT, Oct 7 (UNB) : Members of Rapid Action Battalion (RAB) and BDR in a joint drive seized a truck loaded with Bangladeshi yarn at Atpara frontier in Panchbibi Upazila here Friday night.Acting on a tip-off a team of RAB-5...

3 people caught with 340 bottles of Phensidyl

2007-10-08 00:00:00

Detective Branch (DB) police arrested two youths along with 300 bottles of Indian Phensidyl syrup from near Jagorani Club near Dinajpur town Friday night, reports UNB.Sources said, the DB police challenged the two youths while they were moving suspiciously in...

Pirates loot cash, valuables in S’ganj

2007-10-08 00:00:00

SIRAJGANJ, Oct 7 (UNB) : Armed pirates looted cash and other valuables from the passengers of a trawler on the Jamuna in Kazipur Upazila Saturday noon injuring seven.Police said, the gang coming by a boat, stormed into the trawler in...

Dacoit beaten to death

2007-10-08 00:00:00

KUSHTIA, Oct 7 (UNB) : An alleged dacoit was killed in mass beating at Mothurapur village in Daulatpur upazila Saturday night.Police said, a gang of 25/30 dacoits stormed into the house of Amjad Hossain of the village at dead of...

Call for unity in BNP should be welcomed by all, says ZA Khan

2007-10-08 00:00:00

BNP reformist leader ZA Khan said Sunday that the call for unity in BNP should be welcomed by all.He said this while making his observation about party's Secretary General Khondoker Delwar Hossain's reply about Mannan Bhuiyan's call for unity in...

Naval Chief calls on President

2007-10-08 00:00:00

Naval Chief Vice Admiral Sarwar Jahan Nizam made a courtesy call on President Professor Dr Iajuddin Ahmed at Bangabhaban in the city Sunday, reports UNB.During his routine visit, the Naval Chief apprised the President, also the Supreme Commander of Armed...

CPB for transparency within NGOs

2007-10-08 00:00:00

The Communist Party of Bangladesh (CPB) called Saturday for a clearer public understanding of the "ownership and profit distribution" of organisations involved in microcredit programmes. "NGOs have turned poverty into a business," said CPB President Manzurul Ahsan Khan and General...

Two Bangladeshis nabbed over Maldives blasts released

2007-10-08 00:00:00

The two Bangladeshis, arrested by the Maldives police in connection with a bomb explosion on September 30, were released Sunday as they had no links with the blast, foreign ministry officials said. "The Bangladeshi mission in Male informed me that...