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Farooqui made MD of Standard Bank

2008-10-08 00:00:00

SA Farooqui has been appointed Managing Director of Standard Bank Ltd recently. Farooqui joined SBL as EVP since the inception of the bank in 1999 and played a pioneering role in the establishment of the bank and subsequently promoted to...

Bangladesh trade fair in Dubai in Nov

2008-10-08 00:00:00

A 3-day Bangladesh single country trade fair will be held on 19-21 November, 2008, at Rolla Square, Dubai, United Arab Emirates (UAE), says a press release All sorts of products and services will be exhibited in the fair to showcase...

Crystal Ins plans IPO floatation

2008-10-08 00:00:00

Crystal Insurance Company Limited is planning to float IPO (initial public offering).The Board of Directors of the company discussed the issue in a meeting recently and instructed the Managing Director to complete all the procedures relating to it, said a...

Global response to credit crunch to be discussed

2008-10-08 00:00:00

FE Report The world's central bankers and finance ministers gather in Washington October 10-13 to discuss a global response to the credit crunch amid the worst financial crisis to hit advanced economies since the 1930s.Sandbagged by three successive shocks-high commodity...

Knitwear sector to get easy access to improved Korean technology

2008-10-08 00:00:00

FE ReportCountry's knitwear sector will get easy access to improved Korean apparel technology and machineries following signing of a Memorandum of Understanding (MOU) between the Korea Federation of Textile Industries (KOFOTI) and Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) on...

BA cabin crews celebrate 50th anniversary

2008-10-08 00:00:00

The cabin crews of British Airways (BA) celebrated the 50th anniversary of the world's first commercial jet flight across the Atlantic wearing the original British Overseas Airways Corporation (BOAC) uniforms flanked by crew in the current uniform designed by Julien...

Corrigendum

2008-10-08 00:00:00

In the caption of a photo, published Tuesday in the FE on its page 16, the name of ACI Formulations Limited was erroneously printed as ACI Foundations. The inadvertent mistake is regretted.

corporatewatch

2008-10-08 00:00:00

Response to DSE queries Miracle Industries: In response to a DSE query, the authorities of Miracle Industries have stated that there is no undisclosed price sensitive information of the company for the recent unusual price hike of its shares.Eastern Insurance:...

Thai police fire tear gas against crowd, 65 injured

2008-10-08 00:00:00

BANGKOK, Oct 7 (Agencies): A senior government minister in Thailand has resigned after violent clashes between police and protesters.Deputy PM Chavalit Yongchaiyudh said he was stepping down to take responsibility for the clashes, which injured at least 65 people.The unrest...

Maldives set for historic elections, Gayoom facing five chllengers

2008-10-08 00:00:00

MALE, Oct 7 (AFP): A bitter campaign ahead of historic democratic presidential elections in the Maldives drew to a close Tuesday, with a veteran Asian leader and a prominent dissident each confident of victory.The polls Wednesday will be the first...

Turkish jets bomb Kurdish targets in Iraq, Turkey

2008-10-08 00:00:00

ANKARA, (Turkey), Oct 7(AP): Turkish warplanes bombed suspected Kurdish rebel positions in northern Iraq and southeast Turkey Tuesday, in new air strikes responding to an attack that killed 17 soldiers at a military outpost four days ago.It was the fourth...

Indigenous tribesmen, settlers’ clash kills 47 in Assam

2008-10-08 00:00:00

GUWAHATI, (India), Oct 7 (Reuters): Police used helicopters to spot armed mobs attacking Muslims in India's troubled northeast Tuesday, where clashes between indigenous tribesmen and settlers have left 47 people dead and tens of thousands homeless.Police said four people died...

King Tut exhibit begins another run in US

2008-10-08 00:00:00

DALLAS, Oct 7 (AP): An exhibit showcasing items buried in the Egyptian tomb of King Tut is back in the United States."Tutankhamun and the Golden Age of the Pharaohs" opened over the weekend at the Dallas Museum of Art, the...

Explosions near Baghdad's Green Zone as US envoy visits Iraq

2008-10-08 00:00:00

BAGHDAD, Oct 7 (Agencies): Two blasts have occurred near Baghdad's Green Zone where US envoy John Negroponte was preparing to speak to journalists about his visit to Iraq.Reports conflicted as to the source of the explosions, with some sources suggesting...

news digest

2008-10-08 00:00:00

Iran seeks death penalty for mosque attackers TEHRAN, Oct 7: Iran is calling for the death penalty against seven people found guilty of the bombing of a mosque in April which left 13 people dead, judiciary spokesman Alireza Jamshidi said...

Coming polls discourage politicians to seek clemency from TAC: Report

2008-10-08 00:00:00

FE Report The forthcoming elections are discouraging politicians from seeking clemency from the Truth and Accountability Commission (TAC) as intending candidates would be disqualified from contesting the polls if they confess their misdeeds to the Commission, according to a report...

Forthcoming Nat'l polls important to break cycle of despair: British MP

2008-10-08 00:00:00

Influential British MP and former state minister for Foreign and Commonwealth Office Keith Vaz, who is leading a parliamentary team, has said the forthcoming general polls are probably the most important in Bangladesh's history to 'break the cycle of despair'...

Political parties must apply for registration within Oct 15: CEC

2008-10-08 00:00:00

Chief Election Commissioner (CEC) ATM Shamsul Huda said the political parties must apply for registration with the Commission within October 15 for contesting the upcoming parliamentary polls to be held on December 18, reports UNB/bdnews24.com."Those who want to participate in...

Oct 14 fixed for charge hearing on two cases

2008-10-08 00:00:00

The divisional speedy trial tribunal court of Dhaka Tuesday fixed October 14 for hearing of charges in the two cases concerning the grenade attack on Awami League rally on August 21, 2004, reports UNB. This was for the 4th time...

Innovation important source of economic growth: US envoy

2008-10-08 00:00:00

Innovation is an important source of economic growth and universities can help nurture innovative ideas needed for the flourishing of the economy of a country. United States (US) Ambassador in Bangladesh James F Moriarty made the observation on the second...

Bangladesh, UNDP sign $3.33m deals on environ related projects

2008-10-08 00:00:00

Bangladesh and United Nations Development Programme (UNDP) signed three separate agreements of US$ 3.33 million grant to implement three environment-related projects in the country, reports UNB.Economic Relations Division (ERD) Additional Secretary Md Mosharraf Hossain Bhuiyan and UNDP Country Director Stefan...

No access to gas in SW foils industrialisation

2008-10-08 00:00:00

The government initiative to promote industrialisation in the country's southwestern region during the last one decade has met with failure in absence of gas supply, reports UNB. Once hustling industrial belts of Khalishpur and Rupsha have been gradually dying out...

Movement of vehicles with old licence won't be allowed after Oct 16

2008-10-08 00:00:00

Our CorrespondentCHITTAGONG, Oct 07: Drivers using their old 'paper book' driving licences will have to convert to the new high security card licences by October 16 this year or face legal action. This step has been taken to counter forgery,...

US mission in Bangladesh to be closed Oct 9, 12

2008-10-08 00:00:00

The American Embassy, including the Consular Section and the Public Affairs Section with the Archer K Blood American Centre Library and the Student Advising Centre, will remain closed Thursday (Oct 9) on the occasion of Durga Puja, reports UNB. The...

Betar director Dilip Kumar dies

2008-10-08 00:00:00

Bangladesh Betar Director (Admin and Finance) Dilip Kumar Bhadra died of cardiac arrest in the city's United Hospital Tuesday. He was 47, reports UNB.His body will be cremated at his native village Kamarpur in Pangsha Upazila of Rajbari district.Bhadra left...

1,078 arrested across country

2008-10-08 00:00:00

The police, in separate drives, arrested 1,078 people on various charges across the country Tuesday, reports UNB.Among the arrestees, seven people were arrested under the Arms Act.

Kiwis-BCB XI practice match called off

2008-10-08 00:00:00

The lone practice match between visiting New Zealand team and Rajin Saleh-led BCB XI had been called off due to rain and wet outfield at the Osmani Stadium at Fatullah in Narayanganj Tuesday, UNB reports.Although there was no match possible...

Muktis no match for Mohammedans

2008-10-08 00:00:00

Dhaka Mohammedan SC crushed Muktijoddha Sangsad KC by 7-0 goals in the day's lone match of the Citycell 2nd B League at the Bangabandhu National Stadium (BNS) in the city Tuesday.The traditional 'black and white' outfit led the first half...

BCB fixes rates of ticket

2008-10-08 00:00:00

Bangladesh Cricket Board (BCB) has fixed the rates of ticket for Bangladesh-New Zealand Series that begins tomorror (Thursday) with an ODI match at the Mirpur Sher-e-Bangla National Stadium (SBNS) inb the city, reports UNB.For the first two ODIs at the...

Ferroro upsets Karlovic in Vienna

2008-10-08 00:00:00

VIENNA, Oct 7 (AFP): Former world number one Juan Carlos Ferrero upset fourth seeded Croat Ivo Karlovic 6-4, 7-6 (7/4) Monday to advance to the second round of the Austrian Open. Although Karlovic added a further 17 aces to the...