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Call rate steady, dollar stable

2008-11-12 00:00:00

FE Report The inter-bank call money rate maintained a steady level Tuesday despite withdrawal of cash through bills and bonds. US dollar also remained stable against Bangladesh taka (BDT) in the inter-bank foreign exchange market due to moderate pressure on...

CBC sponsors nat'l debate festival

2008-11-12 00:00:00

Commercial Bank of Ceylon (CBC) sponsored the Fourth National Debate Festival Bangladesh'08 held at the National Museum in the city recently, says a press release.On the ceremonial opening of the event, Primary and Mass Education, Cultural Affairs, Women and Children...

Premier Bank offers Premier Genius Account for students

2008-11-12 00:00:00

The Premier Bank Ltd has launched a new product for students titled 'Premier Genius Account' says a press release. Recognising the promising role of the students in building up the nation, the bank brought out the latest product.In this connection,...

IFC honoured for helping improve country's garment labour conditions

2008-11-12 00:00:00

The Bangladesh Garments Manufacturers and Exporters Association (BGMEA) has honoured IFC, a member of the World Bank Group, for its efforts to help improve labour conditions for more than 2.4 million people who work in the country's garments industry.IFC has...

Zindabazar branch of NBL shifted to new premises

2008-11-12 00:00:00

Zindabazar branch of National Bank Ltd (NBL) has been shifted from its old premises at 1187 Zindabazar, ldresh Market (Ist floor) Zindabazar, Sylhet to its new premises, West World Shopping City (Ist and 2d floor), Jallarpar Road, West Zindabazar recently,...

SJIBL holds workshop on performance evaluation tools

2008-11-12 00:00:00

Shahjalal Islami Bank Limited (SJIBL) organised a workshop on Performance Evaluation Through Uniform Financial Rating System in the city recently.Managing Director of the bank Muhammad Ali inaugurated the workshop while Executive Director of Bangladesh Bank ATM Nasiruddin was present as...

DBH launches branch office in Sylhet

2008-11-12 00:00:00

FE Report Delta Brac Housing Corporation Limited (DBH) Sunday launched its branch office at Kumarpara in Sylhet, DBH Chairman Faruq A Choudhury formally inaugurated the new office at a ceremony on the office premises.Managing Director QM Shariful Ala and Director...

Ihsanul Aziz joins AIBL as DMD

2008-11-12 00:00:00

Mr Ihsanul Aziz has joined Al-Arafah Islami Bank Limited (AIBL) as deputy managing director (DMD). Prior to joining AIBL, Mr Aziz was the executive vice president of National Credit and Commerce (NCC) Bank Limited, said a press release.He started his...

corporatewatch

2008-11-12 00:00:00

National Housing IPO lottery todayThe IPO lottery programme of National Housing Finance and Investment Limited will be conducted at the Bangladesh-China Friendship Conference Centre, Sher-E-Bangla Nagar, Agargaon, in the city at 10:30am today (Wednesday).DividendsPadma Oil: The board of directors of...

Obama, Bush discuss world of challenges

2008-11-12 00:00:00

WASHINGTON, Nov 11 (AFP): US president-elect Barack Obama, on his way to his historic January 20 swearing-in, held his first face-to-face talks with President George W. Bush Monday and came away impressed with the Oval Office. Bush and Obama, who...

New Maldives president sworn in

2008-11-12 00:00:00

The new president of the Maldives, Mohamed Nasheed, has been sworn in at a ceremony in the capital, Male, reports BBC.Mr Nasheed beat Maumoon Abdul Gayoom, who had ruled for 30 years, to win the country's first democratic polls.In his...

Lack of sleep linked to heart disease

2008-11-12 00:00:00

CHICAGO, Nov 11 (AFP): Cutting back on sleep could increase the risk of heart disease, a study published Monday found. Sleeping less than 7.5 hours a night was associated with a 33 per cent higher rate of cardiovascular incidents such...

news digest

2008-11-12 00:00:00

Extra heart energy can power pacemaker CHICAGO, Nov 11: - Researchers have developed a tiny generator which can harvest the excess energy of a beating heart and help power a pacemaker or defibrillator, said a study released Monday. "What this...

Rajshahi take lead

2008-11-12 00:00:00

League leaders Rajshahi Division take 161 runs first innings lead against hosts Khulna Division on the 3rd day of the four-day fifth round match of the Ispahani Mirzapore Tea 10th National Cricket League at Khulna Divisional Stadium Tuesday, reports UNB.Replying...

England XI humiliated

2008-11-12 00:00:00

Mumbai Cricket Association XI 222 for 7 (Marathe 65) beat England XI 98 (Swann 24*, Waingankar 5-37) by 124 runsEngland crumpled to an embarrassing defeat in their second warm-up match at the Brabourne Stadium. With just three days until their...

Booters hold Myanmar to goalless draw

2008-11-12 00:00:00

Bangladesh held strong Myanmar to a goalless draw in their opening Group A match in the six-team 3rd Grand Royal Challenge Cup that began at the Yangon National Stadium in Yangon Tuesday, reports UNB.Bangladesh got couple of scoring chances during...

Federer loses to start Masters Cup defence

2008-11-12 00:00:00

SHANGHAI, Nov 11 (AP): It wasn't hard for Roger Federer to find a silver lining in his Masters Cup loss.The aching back that forced him to withdraw from the Paris Masters 10 days ago was fine, and he still has...

Talent hunt for the Special Olympics 2011 from Nov 19

2008-11-12 00:00:00

FE ReportThe regional talent hunt for the Special Olympics 2011 will begin in Rajshahi from November 19-23.Organised by Grameen Phone and Special Olympics Bangladesh, the talent hunt is aimed at training the intellectually challenged athletes and preparing them to compete...

British envoy sees wide scope of participation in Dec 18 elections

2008-11-12 00:00:00

British High Commissioner (HC) in Bangladesh Stephen Evans Tuesday said there was a wide scope of participation in the December 18 general elections and expressed the hope that the polls would be held in a free and fair manner, reports...

'Taskforce soon to revise secondary curriculum'

2008-11-12 00:00:00

Education Adviser Hossain Zillur Rahman Tuesday said the secondary level academic curriculum would be revised with a view to producing skilled manpower, reports BSS.A high-powered taskforce would be formed soon to this end, he said.He was addressing as the chief...

HC issues rule on Prothom Alo on contempt charge

2008-11-12 00:00:00

The High Court (HC) Tuesday issued a rule asking the editor, the publisher and a reporter of the leading vernacular daily Prothom Alo to explain why proceedings should not be drawn against them for contempt of court through publishing a...

Drastic reforms in police force underscored

2008-11-12 00:00:00

Speakers at a roundtable in the city Tuesday underscored the need for bringing about drastic reforms in the police force to face the challenges of the 21st century, reports BSS.They also called for removing barrier of mistrust between the police...

12 Jamaat men hurt in clash with police in city

2008-11-12 00:00:00

At least a dozen Jamaat-Shibir activists were injured in a clash with police as the cops armed with emergency rules prevented them from staging demonstrations in the city's Baitul Mukarram area Tuesday afternoon, reports UNB.Witnesses said the clash erupted as...

Kh Mosharraf, Altaf freed on bail

2008-11-12 00:00:00

Former health minister Khandaker Mosharraf Hossain and former home minister Altaf Hossain Chowdhury, facing charges in the Barapukuria case, were released on bail Tuesday, reports bdnews24.com."They have been freed on bail at the orders of the High Court (HC)," said...

Trial of a graft case against Ctg mayor begins

2008-11-12 00:00:00

CHITTAGONG, Nov 11 (UNB): Trial of a corruption case against Chittagong City Corporation (CCC) Mayor ABM Mohiuddin Chowdhury began in the Divisional Special Judge's court here Tuesday.Mayor Mohiuddin, now out of jail on High Court (HC) bail in all the...

Hearing on Aug 21 grenade attack case again deferred

2008-11-12 00:00:00

The Divisional Speedy Trial Tribunal here Tuesday again deferred the hearing on the August 21 grenade-attack case to November 17 upon a petition by the defence against the charge framing, reports UNB.Judge Mohammad Masdar Hossain of the Speedy Trial Tribunal-1...

Global financial turmoil may affect remittance, FDI, export earnings

2008-11-12 00:00:00

FE Report The global financial turmoil might take its toll on the country's economy by way of lesser overseas job opportunities for Bangladeshis and dipping export earning, inflow of foreign aid and remittances, the regulatory reforms commission (RRC) chairman said...

SEC mulls raising loan margin ratio to help investors

2008-11-12 00:00:00

FE ReportThe Securities and Exchange Commission (SEC) is considering raising the loan margin ratio aiming to help stock market investors get increased fund from the merchant banks."The commission is actively considering raising the loan margin ratio in order to widen...

Marginal gains at DSE amidst dull trading

2008-11-12 00:00:00

FE ReportDhaka stocks gained slightly Tuesday amid lacklustre trading.Trading at the Dhaka Stock Exchange (DSE) fluctuated throughout the day's trading session like the previous day as the confused investors were eagerly waiting for a sense of direction from the market...

Confusions compounded over melamine in milk

2008-11-12 00:00:00

Shamsul Huq ZahidThe bureaucracy in Bangladesh is infamous for fouling up things. Such a notion has turned out to be true again in case of imported powdered milk. The ministry of health, headed by a former bureaucrat, has given rise...