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Bank Asia opens first booth at BDR headquarters

2008-11-27 00:00:00

Bank Asia's first booth was inaugurated at BDR headquarters at Peelkhana in the city Tuesday. President-cum-Managing Director of the bank Syed Anisul Huq and Bangladesh Rifles Director Communication Mohammad Mashiur Rahman jointly inaugurated the booth. Senior officials of the bank...

MTB shifts Pallabi brokerage house

2008-11-27 00:00:00

Mutual Trust Bank (MTB) Pallabi brokerage house has been shifted from first floor to ground floor at 14/11 Pallabi Mirpur 12, in the city with a view to offering better services to its customers. In this connection, an inaugural function...

Jamuna Bank holds workshop in Ctg

2008-11-27 00:00:00

Our CorrespondentCHITTAGONG, Nov 26: A daylong workshop on 'Anti-money laundering and terrorism financing' was held under the auspices of Jamuna Bank Ltd Chittagong region in the city Tuesday.While inaugurating the workshop as the chief guest, Jamuna Bank Chairman of Md...

Rafiqul elected chairman, Nizam vice chairman of BIA

2008-11-27 00:00:00

AKM Rafiqul Islam has been unanimously elected as chairman and Nizam Uddin Ahmed as vice chairman of Bangladesh Insurance Association (BIA) for the 2009-2010 session, says a press release.Mr Rafique is the founder managing director (MD) of Pragati Insurance Limited...

Shariful made BKB DMD

2008-11-27 00:00:00

Mr Shariful Moslemin has joined the Bangladesh Krishi Bank (BKB) as deputy managing director (DMD).Prior to his new position, he was the general manager (GM) of Janata Bank Limited, said a press release. He started his banking career with Sonali...

Corruption in business deals deters investment in Asia-Pacific region

2008-11-27 00:00:00

FE Report Corruption in business transactions decreases competition, deters investment, and increases the cost of goods and services in the Asia-Pacific region.Attendees at the 6th Regional Anti-Corruption Conference for Asia-Pacific - which kicked off Wednesday morning in Singapore - will...

BKB officials urged to sanction more agri loans

2008-11-27 00:00:00

Bangladesh Krishi Bank (BKB) Mymensingh division officials have been urged to disburse more agricultural loans with utmost sincerity and transparency with a view to attaining food sufficiency.Managing Director of the bank Mukter Hussain made the appeal while speaking as the...

Warid offers bonus for inactive users

2008-11-27 00:00:00

Warid Telecom has come up with a special offer of bonus talk-time and SMS for its Zem prepaid subscribers who remained inactive since August this year, said a press release.Under the offer, Warid prepaid subscribers who activated their connections before...

Akij Group launches CNG compressor

2008-11-27 00:00:00

Akij Gas Company Ltd launched new product 'CNG Compressor' manufactured by a Chinese company named Enric Compressor Company Ltd held at a city hotel Monday, says a press release.Vice General Manager of Enric (Bengbu) Compressor Company Ltd Liu Tong made...

Markets give cautious response to Fed plan

2008-11-27 00:00:00

TOKYO, Nov 26 (AFP): Investors in Asia reacted cautiously today to the latest plan by the US Federal Reserve to unblock credit markets, with stock markets in the region showing mixed fortunes. The gloomy outlook for the global economy weighed...

corporatewatch

2008-11-27 00:00:00

Cos change AGM dateUsmania Glass: The authorities of Usmania Glass have stated that the 22nd annual general meeting (AGM) of the company will now be held on December 20, '08 instead of December 30, '08 due to national parliamentary election....

Thai protesters tighten grip on Bangkok airport

2008-11-27 00:00:00

BANGKOK, Nov 26 (agencies): Anti-government protesters tightened their grip over Bangkok's international airport Wednesday, causing chaos in the terminal and triggering speculation of imminent intervention by the military. The head of Thailand's powerful army has asked the government to dissolve...

Pakistan 'mulls to counter attacks by US drones'

2008-11-27 00:00:00

Pakistan's PM Yousuf Raza Gilani says his government is considering "a number of options" to counter attacks by US drones inside its territory, reports BBC.His statement came after Pakistan's air force chief said his force was equipped to tackle the...

Sri Lanka rebel HQ 'to fall soon'

2008-11-27 00:00:00

The Sri Lankan army has said that the capture of the Tamil Tiger rebels' stronghold of Kilinochchi is imminent, reports BBC.Kilinochchi is the rebels' de facto capital in the north and troops have been attacking it from three directions since...

Indian navy destroys Thai fishing boat, not pirate vessel

2008-11-27 00:00:00

KUALA LUMPUR, Nov 26 (AFP): A maritime watchdog said Wednesday that the vessel sunk by the Indian navy in the Gulf of Aden was a Thai fishing trawler and not a Somali pirate vessel as was first announced.The Indian Navy...

US troops kill 10 militants in Afghanistan

2008-11-27 00:00:00

KABUL, Nov 26 (Reuters): US- led coalition forces killed 10 militants in two separate operations aimed at wanted Taliban commanders in southeastern Afghanistan, the US military said Wednesday.Violence has sharply escalated in Afghanistan this year, the bloodiest period since the...

Flood deaths in Brazil rise to 84

2008-11-27 00:00:00

Rescue efforts are being stepped up in the southern Brazilian state of Santa Catarina, where floods killed 84 people and forced 54,000 from their homes, according to Internet.The federal government and other states are sending aid, including helicopters to reach...

Gates 'to stay as Pentagon chief'

2008-11-27 00:00:00

WASHINGTON, Nov 26 (AP): US Defence Secretary Robert Gates is to stay on in charge of the Pentagon when Barack Obama takes office as president, according to US media reports.Mr Gates was nominated to the role by President George W...

news digest

2008-11-27 00:00:00

Cargo vessel sinks off Philippines, 11 missing MANILA, Nov 26: Eleven crewmen were missing Wednesday after their cargo ship sank in waters off the northern Philippines after being battered by huge waves, the coast guard said. The Mark Jason 1...

CAs can play role in financial transparency: President

2008-11-27 00:00:00

President Iajuddin Ahmed Wednesday said that country's chartered accountants (CAs) could play a vital role in bringing financial transparency and accountability in both private and public sectors, reports BSS. "I believe a CA with his professional skill and expertise can...

Uncertainty looms over DU admission test

2008-11-27 00:00:00

DU CorrespondentThe 'GHA Unit' (combined unit) admission test of Dhaka University (DU) has fallen into uncertainty, as madrasah-background students of the university threatened to enforce a strike on the campus tomorrow (Friday), the scheduled date for the test."We will observe...

A vested quarter trying to privatise rly, seminar told

2008-11-27 00:00:00

Speakers at a roundtable Wednesday expressed their dissatisfaction over the losses the Bangladesh Railway (BR) has been incurring for many years, reports BSS."Being the cheapest mode of transport, the BR has been incurring the losses since 1982, which is undesirable,"...

US Trade Show '09 begins in city Feb 26 next

2008-11-27 00:00:00

FE ReportThe three-day U.S Trade Show 2009 will be held from February 26 next at the Dhaka Sheraton Hotel to exhibit US products and services.The American Chamber of Commerce in Bangladesh (AmCham) in cooperation with the US embassy will organise...

4 DU reporters get 'Sufia Ahmed Medal'

2008-11-27 00:00:00

DU CorrespondentFour reporters of Dhaka University (DU) were awarded 'National Prof Sufia Ahmed Medal-2007', introduced by DU Alumni Association (DUAA), at a function at the university's senate building Wednesday.DUAA presented the medals to the winners for their best reports on...

Severe power crisis looms as projects being implemented at slow pace

2008-11-27 00:00:00

The country's power sector is heading for a severe crisis due to failure to implement power projects in public and private sectors, reports UNB. The power shortage is now about 2,000 megawatts (MW). With the fast increasing demand, the situation...

Pipeline gas in Rajshahi by '09: Tamim

2008-11-27 00:00:00

RAJSHAHI, Nov 26 (BSS): Special Assistant to the Chief Adviser for Power, Energy and Mineral Resources Professor M Tamim Wednesday expressed his optimism that the pipeline gas is likely to be supplied to Rajshahi by 2009.He said that the process...

Polls preparations 'on track', lift emergency, UN team urges govt

2008-11-27 00:00:00

The UN polls assessment team Wednesday said preparations for holding the ninth parliamentary polls was on right track, reports bdnews24.com.The panel also made it clear that the UN wanted to see the Dec 29 elections without the state of emergency...

Dhaka concerned over continued sufferings of Palestinian people

2008-11-27 00:00:00

Bangladesh is deeply concerned over the continued sufferings of the Palestinian people and the deteriorating humanitarian situation in the occupied territories, reports UNB.Foreign Secretary Md Touhid Hossain said this while addressing the annual debate of General Assembly on the question...

Sustainable land management stressed to ensure food security

2008-11-27 00:00:00

Special Assistant to the Chief Adviser (CA) for Environment and Forests Raja Devasish Roy Wednesday laid emphasis on a sustainable land management to ensure security of food, water and energy, reports BSS.The special assistant said the government has been working...

Moudud, Aman get bail

2008-11-27 00:00:00

Former Law Minister Moudud Ahmed has secured bail in the Niko corruption case from the High Court (HC), removing the last barriers to his release from prison, his lawyer says, reports bdnews24.com.The bench of justices Md Anwarul Huq and Md...