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Argentina eye first Davis Cup win

2008-11-21 00:00:00

Argentina will go into the Davis Cup final as favourites to win the trophy for the first time in the absence of Rafael Nadal for Spain, reports BBC. The world number one's season ended with a knee injury two weeks...

Argentina deserved win : Maradona

2008-11-21 00:00:00

Argentina boss Diego Maradona felt his side were worthy of their victory after Maxi Rodriguez's goal consigned Scotland to defeat at Hampden, reports BBC. "It was a great experience and I was relaxed throughout," said Maradona. "It was a clear...

ACC's case against graft suspect valid, rules HC

2008-11-21 00:00:00

The High Court (HC) Thursday declared valid the Anti-corruption Commission (ACC) rules and procedures in filing graft case against a suspected corrupt, as the HC discharged one from a heap of pending quashing petitions of bigwigs, reports UNB.Among the petitioners...

ADB country chief lauds CG's sticking to poll roadmap

2008-11-21 00:00:00

The Asian Development Bank (ADB) Country Director Paul J Heytens appreciated the caretaker government's (CG's) decision about sticking to election roadmap and hoped Bangladesh's smooth transition to democracy, reports UNB.He said he was impressed with good governance and institutional reforms...

Commission framing policies to strengthen local govt, President apprised

2008-11-21 00:00:00

The newly formed Local Government (LG) Commission is formulating policies for strengthening the local-government bodies, as a comprehensive reform recipe is under implementation in the country, reports UNB.In the meantime, the commission has held four meetings in connection with the...

Plea to cancel EC decision barring mayors from contesting JS polls

2008-11-21 00:00:00

A legal notice was served on the Chief Election Commissioner (CEC) Thursday by the Dhaka City Corporation (DCC) mayor calling for rescinding the Election Commission's (EC) reported decision on barring city corporation mayors from contesting the parliamentary elections, reports UNB.On...

Circular issued Each govt office asked to appoint information officer

2008-11-21 00:00:00

The government has promulgated the Right to Information Ordinance-2008 on October 20 this year through a gazette notification, reports BSS. The ordinance has been posted on the website of Information Ministry www.moi.gov.bd, an official handout said here Thursday. As per...

Kalyan Party nominates eight more candidates

2008-11-21 00:00:00

Bangladesh Kalyan Party led by Maj Gen (retd) Ibrahim has nominated eight more candidates raising the total number of nominees to 51 for parliament elections slated for December 18, reports UNB.Eight candidates are: Nadira Begum, wife of freedom fighter Hannan...

HC grants ad interim bail to Lalu, Shahjahan

2008-11-21 00:00:00

The High Court (HC) Division Thursday granted three months' ad interim bail to BNP leader and former lawmaker Helaluzzman Talukder Lalu and Jamaat-e-Islami leader and former lawmaker Shahjahan Chowdhury, who were awarded 10 years' imprisonment by the special courts, reports...

HC gives Hajj permission to Mohiuddin

2008-11-21 00:00:00

The High Court (HC) ordered the government to allow Chittagong mayor ABM Mohiuddin Chowdhury to go to Hajj, reports bdnews24.com.The HC bench of justices Syed Mahmud Hossain and Kamrul Islam at the same time ordered the mayor, who was arrested...

CNG exhibition begins today

2008-11-21 00:00:00

FE ReportThe 1st International CNG (Compressed Natural Gas) Exhibition -2008 begins today (Friday) at the city's Bangladesh-China Friendship Conference Centre to showcase CNG equipment and accessories.M. Tamim, special assistant to the Chief Adviser for energy and mineral resources, will inaugurate...

India launches postal stamp on StanChart's 150th anniversary

2008-11-21 00:00:00

The government of India has launched a commemorative postal stamp to mark Standard Chartered's 150th anniversary, says a press release. Indian President Pratibha Patil released the stamp ceremonially at Rashtrapati Bhavan in New Delhi, the official residence of the President...

Italian company to set up joint venture industry

2008-11-21 00:00:00

A representative delegation of Italian business house Maschio Gaspardo SpA called on Pubali Bank Ltd Managing Director-cum-CEO Helal Ahmed Chowdhury in the city recently. Egiclio Maschio led the team comprising Tatjana Nikolajewba Gegg, Stefano Paoloni and Mario Ranucci. Maschio Gaspardo...

MIDAS holds AGM

2008-11-21 00:00:00

The 16th annual general meeting (AGM) of Micro Industries Development Assistance and Services (MIDAS) was held in the city Tuesday, says a press release. The members of the company along with Managing Director Abdul Karim attended the meeting. Chairman of...

Call rate rises, dollar steady at high

2008-11-21 00:00:00

FE Report The inter-bank call money rate posted nominal gain Thursday despite withdrawal of cash through reverse repurchase agreement. The US dollar, however, remained steady against Bangladesh taka (BDT) in the inter-bank foreign exchange market due to modest supply of...

Nokia to give awards to 10 winners of competition

2008-11-21 00:00:00

DU CorrespondentNokia, the world leader in mobile phones, will give Tk three million to the ten winners of its 'Shopno Dekhun' (don't stop dreaming) campaign to materialise their cherished dreams.The mobile company at a function at the city's National Museum...

$ 32m Taiwanese investment in CEPZ

2008-11-21 00:00:00

Taiwanese company Tai Sheng Manufacturing Company Limited will set up a furniture manufacturing industry in the extension area CSD of Karnaphuli Export Processing Zone in Chittagong.This foreign-owned company will invest $32 million in setting up their plant and will produce...

ICMAB holds lecture session on IFAC

2008-11-21 00:00:00

The Institute of Cost and Management Accountants of Bangladesh (ICMAB) organised a lecture session on International Federation of Accountants (IFAC) and 'management accountants' at ICMAB auditorium in the city Wednesday. The visiting IFAC Technical Manager Szymon Radziszewicz presented a paper...

EBL partners Banglalink to offer SME Help Line

2008-11-21 00:00:00

FE ReportThe leading mobile phone service operator Banglalink in partnership with the Eastern Bank Limited (EBL) is going to launch SME Help Line for its subscribers by the month end. The two companies have signed an agreement recently on the...

corporatewatch

2008-11-21 00:00:00

AGMsBD. Zipper: The authorities of BD. Zipper Industries have stated the 16th, 17th, 18th and 19th annual general meetings (AGMs) of the company for the years ending on June 30, 2005, 2006, 2007 and 2008 respectively will be held at...

Prices of essentials go down at wholesale markets in Ctg

2008-11-21 00:00:00

Our CorrespondentCHITTAGONG, Nov 20: Local wholesale markets has also registered a drastic downturn in price level of almost all consumer commodities in line with the gradual decline in the price of the consumer goods in the international markets. As a...

Prime Bank opens ATM booths

2008-11-21 00:00:00

Prime Bank Limited opened two ATM booths in the city's Mohakhali and Sat Masjid Road Monday, says a press release. Managing Director of the bank M Ehsanul Haque inaugurated the Mohakhali booth. Senior Executive Vice President Md Jasim Uddin, Executive...

Reaz Islam made CEO of LR Global Bangladesh AMC

2008-11-21 00:00:00

Mr Reaz Islam has been made chief executive officer (CEO) and executive director (ED) of LR Global Bangladesh Asset Management Company (AMC). As CEO Mr Reaz will lead the asset management operations of the Bangladesh operation, said a press release."I...

Insurance Academy holds programme on Actuarial Studies

2008-11-21 00:00:00

An orientation programme on Actuarial Studies in Bangladesh was held at the seminar room of the Department of Statistics of Dhaka University Tuesday, says a press release. Bangladesh Insurance Academy and the Department of Statistics jointly organised the programme chaired...

Warid starts news service with three TV channels

2008-11-21 00:00:00

Warid Telecom in cooperation with the country's three satellite television (TV) channels has launched a value added service to provide news services to its subscribers. Under the new service, both pre-paid and post-paid subscribers of Warid Telecom will be able...

Thai food fair begins in city

2008-11-21 00:00:00

A month-long Thai food fair, the first initiative of its kind in the country, began at the Casablanca restaurant in the city Tuesday, says a press release.Ambassador of Thailand in Bangladesh Chalermpol Thanchitt inaugurated the fair. During the fair the...

Grim economic news pulls oil prices lower

2008-11-21 00:00:00

SINGAPORE, Nov 20 (AFP): Increasingly grim global economic news and the prospects for even weaker demand for energy pulled world oil prices lower today, analysts said. In afternoon trade New York's main futures contract, light sweet crude for December delivery,...

Thai General Motors plant to suspend operations, cut 250 staff

2008-11-21 00:00:00

BANGKOK, Nov 20 (AFP): General Motors in Thailand will halt assembly for two months and shed 250 staff due to slow demand, a spokesman said today as its struggling parent company pleaded for a bailout in the US. Auto assembly...

UN food agency seeks $42.6m for reforms

2008-11-21 00:00:00

ROME, Nov 20 (AFP): The UN food agency said yesterday it would need 42.6 million dollars (33.6 million euros) to carry out reforms called for by an independent review. About half the funds will be spent next year, focussing on...

Japanese exports plunge as Asian demand slumps

2008-11-21 00:00:00

TOKYO, Nov 20 (AFP): Japanese exports fell at their fastest pace in almost seven years in October as Asian demand cooled, pushing the world's second biggest economy deeper into recession, official data showed today. In an ominous sign that the...