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Govt allocates Tk 20.2m to rehabilitate flood-affected farmers in Jamalpur

2007-08-26 00:00:00

JAMALPUR, Aug 25 (UNB): The government has allocated Tk 20.2 million (2.02 crore) as agricultural assistance to rehabilitate the flood-affected farmers of the district.Under the post-flood rehabilitation programme, fertiliser and seeds of different crops, including boro, wheat, maize, lentil and...

Woman chopped to death

2007-08-26 00:00:00

BARISAL, Aug 25 (UNB): An old woman was chopped to death and her grandson injured by unknown miscreants at Andharmanik village of Mehendiganj Upazila early Friday. The deceased was identified as Kala Banu (80), while the injured as Dulal (30)....

Editor of weekly injured in attack by terrorists

2007-08-26 00:00:00

NARSINGDI, Aug 25 (UNB): Editor of a weekly newspaper was seriously injured in an attack by terrorists at Brahmanpara Friday night in the town of the district.Sources said some terrorists intercepted MA Awal, editor and publisher of Weekly Narsingdir Kagaj...

One dies of diarrhoea in Jhalakati

2007-08-26 00:00:00

JHALAKATI, Aug 25 (UNB): A sexagenarian woman died of diarrhoea at Sadar Hospital Friday. Local sources said Sahera Begum (65), wife of Razzak Bhuiyan of Kalabagan area in the town was admitted to Sadar Hospital at about 10:00 am. She...

Two killed, three injured in lightning

2007-08-26 00:00:00

BRAHMANBARIA, Aug 25 (UNB): Two people were killed and three others injured in a lightning strike at Suhinpur village under Sadar Upazila Saturday morning.Witnesses said Ripon (25) and Alal (19), died instantly when thunderbolts struck them while they were working...

One killed in road mishap in Shariatpur

2007-08-26 00:00:00

SHARIATPUR, Aug 25 (UNB): A man was killed when a CNG-run auto-rickshaw plunged into a roadside ditch at Dakkhin Atong under Bhedarganj Upazila Friday morning.Local sources said the auto-rickshaw skidded-off the road as its driver lost control over the steering...

Outlaw killed in shootout in Kushtia

2007-08-26 00:00:00

KUSHTIA, Aug 25 (UNB): A leader of an outlawed party was killed in a shootout with police at Gorapara village under Mirpur Upazila Saturday morning.The deceased was identified as Anisur Rahman (38), son of late Abu Taiyub of Gorapara village...

Timber-laden truck seized

2007-08-26 00:00:00

HABIGANJ, Aug 25 (UNB): The members of Anti-Smuggling Task Force seized a truck loaded with 98 cft timber near Laskarpur police outpost under Chunarughat Upazila early Friday.Forest office sources said acting on a tip-off, the team raided the area at...

Prices of essentials except green chilli stable in city

2007-08-26 00:00:00

The prices of essentials including vegetables remained almost stable in the city markets, while the price of green chilli is showing an upward trend, a market report of Bangladesh Rifles (BDR) said in the city Saturday, reports BSS.The price of...

Citigroup named Best Trade Bank in Asia

2007-08-26 00:00:00

FE ReportCitigroup, a leading global financial services company, has been named the Best Trade Bank in Asia and the Best Global Trade Services Bank in the Fourth Annual Awards for Excellence in 2007 of the Trade Finance, a magazine, recently.This...

Seminar on enhancing capability thru' TQM held in city

2007-08-26 00:00:00

FE ReportA two-day seminar on 'Enhancing Capability of the Light Engineering Sector of Bangladesh through the application of Total Quality Management (TQM)' ended in the city Saturday.The seminar was jointly organised by Japan-Bangladesh Chamber of Commerce and Industry (JBCCI), Japan...

Tata confirms interest in Land Rover, Jaguar

2007-08-26 00:00:00

NEW DELHI, August 25 (AFP): The head of India's Tata conglomerate confirmed Friday that his group was interested in bidding for luxury British car brands Jaguar and Land Rover, in an interview with an Indian news channel.Last month, Indian news...

B'baria people demand re-opening of Handloom Board Facilities Centre

2007-08-26 00:00:00

Our CorrespondentBRAHMANBARIA, August 25: Local people of the district urged the concerned authorities to re-open the Bancharampur Handloom Board Facilities Centre, a subsidiary of Bangladesh Handloom Board.The government established the centre in the 1980's on 262 decimal land with a...

Orange farming in 10 hill dists begins

2007-08-26 00:00:00

Our CorrespondentCHITTAGONG, Aug 23: With a view to utilising the potentialities of orange cultivation in the country, orange farming has begun in 10 hill districts-Rangamati, Khagrachhari, Bandarban and seven other districts-involving Tk 200 million under the Orange Development Project (ODP).This...

Sandhani Life Ins approves 20pc bonus share

2007-08-26 00:00:00

The 17th annual general meeting (AGM) of Sandhani Life Insurance Company Ltd was held in the city's LGED auditorium recently, said a press release. Declaration of 20 per cent bonus share for the year 2006 was approved in the meeting.Company...

Dubai Aerospace eyeing Airbus factories

2007-08-26 00:00:00

FRANKFURT, August 25 (AFP): Dubai's new state-backed aviation group, Dubai Aerospace Enterprise, said Friday it was interested in buying factories put up for sale by European plane maker Airbus.

BRDB disburses Tk 552.40m

2007-08-26 00:00:00

BARISAL, Aug 25 (BSS): Bangladesh Rural Development Board (BRDB) disbursed Tk 552.40 million (55.24 crore) as loans among 50,406 people in 10 upazilas of the district under its poverty alleviation and self-employment programmes in the last five years. According to...

Greenback retains its gains

2007-08-26 00:00:00

Sarwar Zahan US dollar retained its gains with a downward bias against Bangladesh taka (BDT) last week in a moderately active market, fund managers said. The exchange rate of the greenback moved between Tk 68.54 and Tk 68.70 against the...

Global markets bounce back on US housing news

2007-08-26 00:00:00

NEW YORK, Aug 25 (AFP): US and European stocks extended their rebound Friday as better than expected US housing data defused some of the gloom which has beset financial markets. After struggling earlier in the day, Wall Street rallied after...

Nepal stock exchange goes automated

2007-08-26 00:00:00

Casting off the outdated Open Cry system, the only secondary share market of Nepal, Nepal Stock Exchange (NEPSE), has adopted the automated system.The automation of the stock exchange was inaugurated by Finance Minister Ram Sharan Mahat Friday, according to Internet....

Home Depot up as investors eye supply sale

2007-08-26 00:00:00

ATLANTA, Aug 25 (Reuters): Shares of Home Depot Inc were up 1.30 per cent Friday as investors waited for word about whether a sale was on or off for the home improvement retailer's contractor business. The Wall Street Journal reported...

Indian shares to weaken on political turmoil

2007-08-26 00:00:00

MUMBAI, Aug 25 (AFP): Indian share prices could weaken next week, tracking political developments linked to a row between the government and its communist allies over a US nuclear deal, dealers said Friday. Dealers said the markets could be nervous...

Maersk Bangladesh distributes relief goods

2007-08-26 00:00:00

FE ReportMaersk Bangladesh Ltd, a subsidiary of the AP Moller Maersk Group of Denmark, distributed relief goods to the flood victims in Bhatara Union under Badda Thana off the city as part of their corporate social responsibility. They distributed the...

Court clears way for Whole Foods merger

2007-08-26 00:00:00

WASHINGTON, Aug 25 (AP): A federal appeals court Thursday cleared the way for Whole Foods Market Inc. to buy rival organic grocer Wild Oats Markets Inc. The three-judge panel of the US Court of Appeals for the District of Columbia...

US fund fails to take over Japan's Bull-Dog

2007-08-26 00:00:00

TOKYO, Aug 25 (AFP): A US investment fund admitted defeat Friday in its closely watched attempt to take over Japan's Bull-Dog Sauce, which carried out controversial defence measures. The bid, which set off a legal battle that went all the...

IPO diary

2007-08-26 00:00:00

Continental Insurance LimitedNature of Business : Insurance businessSubscription Open : Nov 18, 2007Subscription Close : Nov 22, 2007For Non resident : Nov 18 to Dec 1, 2007Offer Price (Tk.): 100.00Face Value (Tk.): 100.00Market lot (Share): 50Sponsors Portion (Share): 600,000Public Offer...

Bad credit threatening US economy

2007-08-26 00:00:00

NEW YORK, Aug 25 (AP): Bad credit has supplanted terrorism as the gravest immediate risk threatening the US economy, a key national research group reported last week.Borrowers' withering ability to pay their bills and the subsequent fallout in the credit...

Beijing blasts Argentine trade restrictions

2007-08-26 00:00:00

BEIJING, Aug 25 (AFP): China has expressed serious concern at a recent move by Argentina to impose restrictions on Chinese goods, state media said today. "It is neither reasonable nor acceptable for the Argentine side to make such moves without...

‘Islamic banking has tremendous potential in Muslim world’

2007-08-26 00:00:00

ISLAMABAD, Aug 25 (APP): Pakistan Prime Minister Shaukat Aziz yesterday said the Islamic banking has tremendous potential in the Muslim World and the government is encouraging Shariah compliant banking in the country. He was talking to a delegation headed by...

Philippines' imports rise 2.3pc in first half of 2007

2007-08-26 00:00:00

MANILA, Aug 25 (Xinhua): The Philippines' merchandise imports grew by 2.3 per cent to 25.3 billion US dollars for the first six months of 2007, the National Statistics Office (NSO) has said. The NSO said imports payments rose 3.8 per...