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Call rate eases, dollar posts gain

2008-12-02 00:00:00

FE Report The inter-bank call money rate eased Monday although the central bank withdrew cash through reverse repurchase agreement (repo). The US dollar, however, posted visible gain against Bangladesh taka (BDT) in the inter-bank foreign exchange market due to higher...

Bank Asia constructs rain sheds at CEPZ

2008-12-02 00:00:00

Bank Asia has sponsored two passenger sheds at Chittagong Export Processing Zone (CEPZ) for the employees of different industrial units. Chittagong Regional Chief of the bank Mohammed Roshangir inaugurated the sheds Saturday, said a press release.Among others, deputy managing directors...

European, Asian stocks retreat

2008-12-02 00:00:00

LONDON, Dec 1: European and Asian stock markets fell Monday ahead of an expected lower opening on Wall Street amid renewed signs that the world economy is slowing down sharply, according to Internet.

corporatewatch

2008-12-02 00:00:00

10pc cash dividendThe board of directors of the Engineers has recommended 10 per cent cash dividend for the year that ended on August 31, '08. The annual general meeting (AGM) of the company will be held on December 27, '08....

Choice of Clinton carries risks for Obama

2008-12-02 00:00:00

WASHINGTON, Dec 01 (Reuters): United States (US) President-elect Barack Obama, inspired by his hero Abraham Lincoln's idea of creating a 'team of rivals' in his Cabinet, may be gambling by choosing his ex-adversary Hillary Clinton as secretary of state.Obama admires...

Delhi warns of 'grave setback' to Islamabad ties

2008-12-02 00:00:00

MUMBAI, Dec 01 (AFP): India warned Monday that the Mumbai attacks had dealt a 'grave setback' to relations with Pakistan, as the United States urged Islamabad to show 'absolute' cooperation with India's probe into the assault."What has happened is a...

Thai protesters move to besieged airports

2008-12-02 00:00:00

BANGKOK, Dec 01 (AP): Anti-government protesters reinforced their siege of Bangkok's two airports Monday as the politically paralysed country struggled with more than 300,000 stranded travelers.In a switch of tactics, the People's Alliance for Democracy said demonstrators will end their...

Endeavour lands safely

2008-12-02 00:00:00

CAPE CANAVERAL, Florida, Dec 1 (/AFP): The US space shuttle Endeavour and its crew of seven returned safely to Earth Sunday at a California air base concluding a 16-day mission to double living capacity at the International Space Station. NASA's...

Suicide bombing kills nine, hurts 49 in Pakistan

2008-12-02 00:00:00

PESHAWAR, Pakistan, Dec 1 (AFP): At least nine people were killed and 49 injured Monday after a suicide bomber blew up his explosives-laden car in a restive northwestern Pakistan valley, officials said. The bombing took place at a security checkpoint...

Sri Lanka takes another town in battle for rebel capital

2008-12-02 00:00:00

COLOMBO, Dec 1 (AFP): Sri Lankan government forces Monday wrested control over another town from Tamil Tiger rebels in their offensive to capture the political capital of the guerrillas, the defence ministry said. Troops took the town of Kokavil, about...

Israeli navy blocks Libyan aid boat near Gaza

2008-12-02 00:00:00

GAZA CITY, Dec 1 (AFP): Israeli navy ships Monday prevented a Libyan cargo ship from reaching the blockaded Hamas- ruled Gaza Strip, a Palestinian official said. The ship, laden with 3,000 tonnes of goods, was stopped several kilometres (miles) off...

news digest

2008-12-02 00:00:00

Some 100 countries to signcluster bomb ban in Oslo OSLO, Dec 1: Some 100 countries will ban the use of cluster bombs with the signing of a treaty Wednesday in Oslo but major producers such as China, Russia and the...

CA asks bureaucrats to perform election duties with neutrality

2008-12-02 00:00:00

KHULNA, Dec 1 (UNB): Chief Adviser (CA) Fakhruddin Ahmed Monday asked the civil bureaucrats to rise above all mistakes in discharging their parliament election duties by maintaining complete neutrality, honesty and sincerity.Issuing a package of decisions and instructions for the...

Elections won't be held under emergency: Adviser Zillur

2008-12-02 00:00:00

BANDARBAN, Dec 1 (UNB): Commerce Adviser Hossain Zillur Rahman said Monday elections would not be held under the state of emergency by all means, as the government and the Election Commission (EC) were heading towards holding an acceptable national election...

Banks start scrutinising default loans of candidates

2008-12-02 00:00:00

FE Report Commercial banks and financial institutions have started scrutinising default loan positions of candidates aspiring to contest the parliamentary polls scheduled on December 29, bank officials said. "We're now examining the default loans of the aspirants and have collected...

Verdict on a graft case against Ershad deferred to Feb 2

2008-12-02 00:00:00

The verdict on a graft case against former President and Jatiya Party (JP) Chairman HM Ershad over installation of digital telephone exchanges has been deferred to February 2, 2009, reports UNB.Divisional Special Judge Md Golam Mortuza Majumder Monday shifted the...

IPI team talks press freedom during polls with Hasina

2008-12-02 00:00:00

A delegation of the International Press Institute (IPI) called on Awami League (AL) president Sheikh Hasina at her residence Sudhasadan Monday and discussed the role of media during the election time, reports UNB.The Vienna-based IPI delegation led by its Director...

25 candidates submit nominations in Faridpur

2008-12-02 00:00:00

Our Correspondent FARIDPUR, Dec 01: At least 25 candidates of four-party alliance led by BNP, Awami League, Bangladesh Jamaat Islami, CPB, LDP, Islami Andalan Bangladesh, Jaker Party, Jatiya Party, Tarikat Federation and some independent ones have submitted their nomination papers...

Law enforcers asked to submit report about Liakat's whereabouts in 72 hrs

2008-12-02 00:00:00

The High Court (HC) Monday asked the law-enforcement agencies to report to the court within 72 hours the whereabouts of Liakat Hossain, a former Jubo League leader and one of the 23 top-listed terrors, said to have been held recently,...

Barrister Moudud freed on bail

2008-12-02 00:00:00

BNP leader and former law minister Barrister Moudud Ahmed was freed on bail from the prison cell of Bangabandhu Sheikh Mujib Medical University (BSMMU) Monday afternoon, reports UNB.DIG (Prisons) Major Shamsul Haider Siddiqui told UNB that the ex-minister of the...

0.8m find overseas jobs in first 11 months this yr

2008-12-02 00:00:00

FE ReportOver 0.8 million Bangladeshis found overseas jobs in the first 11 months of this calendar year as the United Arab Emirates (UAE) alone employed nearly half of them, official sources said.The Middle Eastern country recruited 393,201 Bangladeshis in the...

BGMEA adopts measure to protect workers from HIV

2008-12-02 00:00:00

Garment manufacturers and exporters have taken a programme to protect their workers from the risks of HIV/AIDS infection, reports BSS. Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has already trained 66,000 of its 2.4 million (24 lakh) workers under a...

Spl steamer service for Eid passengers

2008-12-02 00:00:00

BARISAL, Dec 1 (UNB): Bangladesh Inland Water Transport Corporation (BIWTC) arranged an 11-day special steamer service in addition to normal service on Dhaka-Barisal-Khulna routes for the homebound passengers on the occasion of holy Eid-ul-Azha.Fare of BIWTC vessels would remain same...

Brickfields in Ctg causing harm to Karnaphuli river

2008-12-02 00:00:00

Our CorrespondentCHITTAGONG, Dec 1: Defying all rules and regulations, different brickfields on the bank of the Karnaphuli river are carrying on their business with impunity, concerned sources said.Massive erosion behind the port area has been caused because of unhindered extraction...

Indefinite strike by 3rd & 4th class employees of RU

2008-12-02 00:00:00

Our CorrespondentRAJSHAHI UNIVERSITY, Dec 1: About 200 daily basis appointed third and fourth-class employees of the Rajshahi University (RU) Monday began an indefinite strike on the campus wearing shrouds demanding regularisation of their jobs.Earlier, the agitating employees yesterday early morning...

UAP seminar on higher education

2008-12-02 00:00:00

The University of Asia Pacific (UAP) organised a seminar on 'International Cooperation in Higher Education- Quality Education' in the city recently with Vice Chancellor Professor Dr Abdul Matin Patwari in the Chair, said a press release.University Grants Commission of Bangladesh...

NOAB announces Eid holidays

2008-12-02 00:00:00

The offices of all newspapers and news agencies will remain closed on December 8, 9 and 10 on account of Eid-ul-Azha, reports UNB.No newspaper, therefore, will be published on December 9,10 and 11, says a press release of Newspapers Owners'...

Bangladesh hurtles toward multiple economic zoning

2008-12-02 00:00:00

FE Report Bangladesh is set to move away from the traditional industrial park concept to a mixed type of zoning regime as it has approved an ordinance, allowing at least four types of economic zones to operate in parallel. Under...

Spl action plan to net big tax evaders in city this month

2008-12-02 00:00:00

Doulot Akter MalaThe revenue board has undertaken a special action plan to net the big tax evaders in the capital during the month of December aiming to strengthen the tax-base before the next elected government assumes office. The NBR has...

SEC to urge BB for raising lending capability of brokerage houses

2008-12-02 00:00:00

FE ReportThe Securities and Exchange Commission (SEC) will urge the central bank for enhancing the lending capacity of the brokerage houses to increase fund flow to the market.Currently, as per Bangladesh Bank Rules 2001, a broker is allowed to give...