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Malaysian recycling firm Green Rubber to list in London

2007-09-12 00:00:00

KUALA LUMPUR, Sept 11, 2007 (AFP): Malaysian tyre recycling firm Green Rubber Global, whose shareholders include Hollywood stars Mel Gibson and Bruce Willis, is headed for a listing in London, a report said today. Green Rubber plans to list on...

Dollar steadies in Asia

2007-09-12 00:00:00

TOKYO, Sept 11 (AFP): The dollar took a breather in Asian trade today as investors waited anxiously for an expected US interest rate cut next week amid growing fears of a US recession, dealers said. The dollar changed hands at...

Strategic plan for promotion of six sectors on the cards

2007-09-12 00:00:00

FE ReportThe government, in collaboration with the European Commission (EC), is preparing a strategic plan for promotion of six export-oriented sectors."We are planning to launch projects for boosting export from the sectors," Md Khalilur Rahman, director general of the Export...

DCCI opens helpline centre to provide easy ICT access to members, SMEs

2007-09-12 00:00:00

FE ReportA SME Helpline Centre (SMEHC) was inaugurated Monday at Dhaka Chamber of Commerce and Industry (DCCI) Research and Information Cell to provide easy ICT access to the members and other SMEs.Ministry of Industries Secretary Md Nurul Amin inaugurated the...

Rajshahi joint forces to start operation against dishonest businessmen

2007-09-12 00:00:00

Our CorrespondentRAJSHAHI, Sept 11: The joint forces in Rajshahi are soon going to start an operation against the dishonest traders and businessmen of the district, informed Lieutenant Colonel Sharif Ahmed, spokesman of the joint forces journalists in Rajshahi Sunday.The journalists...

Pran signs $2.04m export deal with Senegal firm

2007-09-12 00:00:00

FE ReportPran Exports Limited signed Tuesday an export agreement of $2.04 million with Poultrade, an importer of Dakar, Senegal, said a press release. Pran Export Ltd. chief Hasan Mahbub and Wassim Hoballah of Poultrade signed the agreement on behalf of...

AKTEL allies itself with Islamia Eye Hospital

2007-09-12 00:00:00

FE ReportAKTEL, a leading telecom service provider in the country, has joined hands with Islamia Eye Hospital for physical maintenance of the hospital's paediatric OPD unit for the fiscal 2007-08.In this connection, AKTEL's Head of Corporate Affairs Javed Tariq handed...

GP clients to get reduced fee on SCB credit cards

2007-09-12 00:00:00

FE ReportGrameenphone Ltd (GP) has recently signed an agreement with Standard Chartered Bank (SCB) to provide the GP 'xplore' subscribers 50 per cent discount on the annual fee for any new SCB credit card, including the interest-free 'Saadiq' card.The GP...

New MD of BRAC Afghanistan Bank

2007-09-12 00:00:00

FE ReportBRAC Afghanistan Bank Ltd has recently appointed Saifuddin M Naser as its managing director (MD) and chief executive officer (CEO), said a press release.Prior to this new assignment, Naser was the head of retail banking at BRAC Bank Bangladesh....

Livestock dept earns Tk 1.2.4m revenue in Joypurhat

2007-09-12 00:00:00

JOYPURHAT, Sept 11 (BSS): Joypurhat District Livestock Department realised over Tk 1.247 million (12.47 lakh) as revenue in the last fiscal. District livestock department sources said that it collected over Tk 0.595 million through the sale of vaccines and earned...

Selling of rice under OMS programme begins

2007-09-12 00:00:00

GAIBANDHA, Sept 11 (BSS): The open market sale (OMS) has been started in seven upazilas of the district Monday as part of the government's countrywide programme of selling rice at a subsidised rate in order to keep the price of...

EBL relocates its English Road branch

2007-09-12 00:00:00

FE ReportEastern Bank Limited (EBL) has relocated its English Road branch to 68 Shaheed Nazrul Islam Sharoni in the city with a view to providing customers with better services, according to a press release.Managing Director and Chief Executive Officer (CEO)...

Prices of essentials stable in city markets: BDR

2007-09-12 00:00:00

Prices of vegetables and others essentials remain almost stable in different city markets, according to a market report of Bangladesh Rifles (BDR) issued Tuesday, reports BSS. The price of green chilli was Tk 90 to Tk 120 per kg in...

New GM of Sonali Bank

2007-09-12 00:00:00

FE Report Mohammad Hanif has joined the Sonali Bank head office as general manager (GM) recently. Prior to his new assignment, Md Hanif worked as the GM of Rajshahi Krishi Unnayan Bank (RAKUB).In his long banking career, Md Hanif held...

Sany to ink deal for $60m US plant

2007-09-12 00:00:00

SHANGHAI, Sept 11 (Reuters): Chinese machinery maker Sany Heavy Industry Company will sign a memorandum of understanding with the US state of Georgia Wednesday to build a US$60 million plant, a source familiar with the situation said Tuesday.

Asian stocks rise

2007-09-12 00:00:00

LONDON, Sept 11 (Bloomberg): Asian stocks rose, paced by Posco and JFE Holdings Inc. on higher steel prices. Mitsubishi UFJ Financial Group Inc. and Mitsui Fudosan Company led Japanese banks and developers from their lowest levels more than in a...

corporatewatch

2007-09-12 00:00:00

Response to DSE/CSE queries AMCL (Pran): In response to a DSE query, the authorities of AMCL (Pran) have stated that there is no undisclosed price sensitive information of the company for the recent unusual price hike of its shares. The...

Rocket wounds more than 40 Israeli soldiers

2007-09-12 00:00:00

ZIKIM, (Israel), Sept 11 (Agencies): A Palestinian rocket exploded in an Israeli army base early Tuesday, wounding more than 40 soldiers as they slept in their tents and drawing calls for a major military operation against militants launching rockets from...

Lawyers appeal Sharif exile

2007-09-12 00:00:00

ISLAMABAD, Sept 11 (Agencies): Lawyers for former Prime Minister Nawaz Sharif filed a petition in the Supreme Court Tuesday challenging his expulsion to Saudi Arabia, setting up another confrontation between the judiciary and Pakistan's military ruler as he battles to...

Six years on, America marks September 11 attacks

2007-09-12 00:00:00

NEW YORK, Sept 11 (AFP): America was to mark the sixth anniversary of the September 11 attacks Tuesday with more muted commemorations than in previous years but under the shadow of renewed threats from Al-Qaeda. In New York, where 2,749...

Bin Laden wants 'caravan' of martyrs

2007-09-12 00:00:00

CAIRO, Sept 11 (Agencies): Osama bin Laden urged sympathizers to join the "caravan" of martyrs as he praised one of the Sept. 11 suicide hijackers in a new video that emerged Tuesday to mark the sixth anniversary of the attacks...

US air base in Germany gets bomb threat

2007-09-12 00:00:00

SPANGDAHLEM, (Germany), Sept 11 (Agencies): A US air base in western Germany received a bomb threat on Monday evening, prompting a large operation by local police and American forces to secure the site, the US military and German police saidLocal...

Vitamin C fights cancer, but not the way we thought: study

2007-09-12 00:00:00

WASHINGTON, Sept 11 (AFP): Vitamin C can help to prevent cancer, but not the way that scientists thought, according to a study published Monday in the United States. Scientists have long thought that vitamin C and other antioxidants help to...

news digest

2007-09-12 00:00:00

US man chooses death by electrocution WASHINGTON, Sept 11 (AFP): Daryl Holton, set to be executed Wednesday for murdering his four children, is opting die by electrocution-shunned by many prisoners who fear they might catch fire during the grisly procedure,...

Steps taken to ensure uninterrupted power supply in Ramadan: Tapan

2007-09-12 00:00:00

Urging the traders not to raise the prices of essentials, Energy and Food Adviser Tapan Chowdhury Tuesday said the caretaker government would be compelled to intervene in the market if they fail to do so, reports UNB.Briefing the reporters about...

BKMEA, BGMEA urged to explore alternative markets in Eastern countries

2007-09-12 00:00:00

Labour and Employment Advisor Anwarul Iqbal Tuesday urged the country's knitwear and garment manufacturers and exporters to explore alternative markets in the Eastern countries, reports UNB"The European countries and the USA have so far remained the destinations of Bangladesh garment...

Institute on hotel management opens

2007-09-12 00:00:00

FE ReportThe Royal Park Residence, an international boutique hotel in Dhaka, opened an institute on hotel management, tourism and catering.While talking to the FE, Harikesha Wijesekera, Chief Executive Officer (CEO) of the Royal Park Residence said the main objective of...

Four Ctg WASA officials asked for compensation

2007-09-12 00:00:00

Our CorrespondentCHITTAGONG, Sept 11: Four officials and employees of Chittagong WASA (C'WASA) have been asked to deposit Tk 45,000 as compensation with the fund of the C'WASA for their alleged involvement in under billing practices providing illegal facilities to the...

Poor gas supply hits B'baria dist town

2007-09-12 00:00:00

Our CorrespondentBRAHMANBARIA, September 11: About 5000 gas-run ovens in Brahmanbaria district town residential area do not function properly due to acute short supply of gas by the regional office of Titas Gas Transmission and Distribution Company Limited (TGTDCL), sources said.Local...

Banglabandha land port not fully operational even after 10 yrs

2007-09-12 00:00:00

PANCHAGARH, Sept 11 (UNB): The prospective Banglabandha land port here could not be made fully operational yet after 10 years of its inauguration due to non-implementation of the tripartite agreement between Bangladesh, India and Nepal.According to the experts, the government...