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PRAN-RFL Group starts relief operation

2007-08-20 00:00:00

FE ReportPRAN-RFL Group has started its relief distribution to the flood victims of the country. Under the programme, the group has distributed 20,000 litres of pure drinking water, dry food and liquid ORS everyday among the flood victims.In Dhaka, relief...

Myanmar to build gem museum in new capital

2007-08-20 00:00:00

YANGON, Aug 19 (Xinhua): Myanmar has projected to build a gem museum in the new administrative capital of Nay Pyi Taw in 2008 to develop tourism through displaying of the country's world famous gems, jade, pearl and jewelry, the local...

Desh Energy, Bangla Trac to implement power projects

2007-08-20 00:00:00

FE ReportDesh Energy Limited and Bangla Trac Limited (Bangla CAT) recently signed an agreement to commission 10-MW and 20-MW rental power projects. Desh Energy Limited in collaboration with Cambridge Energy Waste Management Limited, an American company, is implementing the rental...

Pakistan aims to control organs trade

2007-08-20 00:00:00

ISLAMABAD, Aug 19 (AFP): When a man called Tariq offered 24-year-old Usman Rana more than 16,000 dollars for one of his kidneys, he thought his fortune was made. Soon after Rana arrived in the Pakistani capital Islamabad from his hometown...

Cyprus to launch publicity campaign to promote tourism

2007-08-20 00:00:00

NICOSIA, Aug 19 (Xinhua): Cyprus will target United Kingdom, Germany and Russia as major tourism markets to attract more tourists next year from the three countries, the Cyprus Tourism Organisation (CTO) said. CTO will launch a publicity campaign in foreign...

Food shortages loom in Nepal due to floods

2007-08-20 00:00:00

KATHMANDU, Aug 19 (Xinhua): Food shortages loom in Nepal and other nations hit by torrential rains, floods and landslides affecting more than 28 million people in the South Asian region, the United Nations has said. According to the Himalayan Times...

World-class thread manufacturing plant starts formal operation Aug 23

2007-08-20 00:00:00

FE ReportA team of top apparel sector entrepreneurs of Sri Lanka arrives in the city this week to formally launch the American and Efird (Bangladesh) Ltd, a joint venture sewing thread manufacturing operation, that will significantly strengthen the country's ready-made...

REL Business Confce-07 held

2007-08-20 00:00:00

FE Report Rangs Electronics Limited (REL), well-known as Sony-Rangs, organised its REL Business Conference-2007 at the BIAM auditorium in the city Sunday. Rangs Group Chairman and Managing Director Aktar Hussain inaugurated the programme. Distinguish delegates from Asia Regional Marketing, Sony...

LankaBangla pre-tax profit records mammoth growth

2007-08-20 00:00:00

FE ReportThe half-yearly meeting of LankaBangla Finance Limited was held in the city recently.LankaBangla Managing Director (MD) Mafizuddin Sarker presided over the programme.The main agenda of the meeting was to review the performance of the company and the achievement over...

ScanCement provides treatment to flood victims

2007-08-20 00:00:00

FE ReportScanCement medical camps successfully completed their first phase of providing medical services and served more than 1600 flood victims in Manikganj and 1500 in Sirajganj through ten days' medical camp.HeidelbergCement Bangladesh Ltd Director (Marketing and Sales) Ramakanta Bhattacharjee inaugurated...

EPB omits Nilphamari from ‘one district one product’ list

2007-08-20 00:00:00

Our CorrespondentNILPHAMARI, Aug 18: Nilphamari as one district one product export item has been excluded from the probable export list of EPB. Sources said EPB published a list of 14 items of 41 districts in which Nilphamari's one district one...

City Bank donates Tk 5m to CA's relief fund

2007-08-20 00:00:00

FE ReportThe City Bank Limited donated Tk 5.0 million to the Chief Adviser's Relief and Welfare Fund for the flood victims. City Bank Limited Chairman Aziz Al Kaiser handed over the cheque for the amount to Chief Adviser Fakhruddin Ahmed...

Tauhidul new MD of Summit Power

2007-08-20 00:00:00

FE ReportTauhidul Islam has joined Summit Power Limited as Managing Director with effective from August 01 last. Islam graduated in Mechanical Engineering in 1969. He was former chairman of Rural Electrification Board (REB) and Dhaka Electric Supply Authority (DESA). Before...

Acute dairy, poultry feed crisis in B'baria

2007-08-20 00:00:00

Our CorrespondentBRAHMANBARIA, Aug 19: Owners of both dairy and poultry farms here are in trouble due to acute feed crisis, sources said.Local farm owners said that although dairy and poultry farms have been flourishing rapidly in the district, but no...

Govt borrows Tk 8.0b thru' treasury bills

2007-08-20 00:00:00

FE Report The government borrowed Tk 8.00 billion (800 crore) Sunday through auctions of treasury bills. It will result in withdrawal of Tk 8.00 billion from the market in the week.The central bank conducted auctions of 28-day, 91-day and 182-day...

Need of training for developing professionalism stressed

2007-08-20 00:00:00

FE Report Dutch-Bangla Bank Limited (DBBL) Managing Director Md Yeasin Ali underscored the need of training for developing professionalism and enhancing skills and knowledge. He made the observation while speaking as the chief guest at the concluding session of the...

Janata Bank launches service-quarter

2007-08-20 00:00:00

FE ReportJanata Bank (JB) Managing Director (MD) Md Mukter Hussain inaugurated the service-quarter in the city Sunday for providing better services to its clients.The JB MD emphasised the need for ensuring quick services to the clients within shortest possible time.All...

Lemon bags silver, bronze for excellence in advertising

2007-08-20 00:00:00

FE Report Lemon has received the prestigious Sangbad Pratidin Srijon Samman-2007 awards for excellence in Bengali advertising.Lemon won two awards -- silver and bronze -- in this prestigious competition.The silver for the Best Media Innovation in Print and Outdoor went...

DCCI holds training course on distribution networking

2007-08-20 00:00:00

FE Report Dhaka Chamber of Commerce and Industry (DCCI) organised a certificate distribution programme of the five-day training course on 'developing a distribution networking of marketing of products'.Director MS Shakil Chowdhury was present as the chief guest at the programme...

Oriental Bank holds workshop on anti-money laundering

2007-08-20 00:00:00

FE ReportThe Oriental Bank Limited held a daylong workshop on "prevention of money laundering' in the city Saturday.Managing Director of the bank Md Asaduzzaman Khan inaugurated the workshop, while Bangladesh Bank (BB) Anti-Money Laundering Department General Manager (CC) Md Mahfuzur...

First BSRS Mutual Fund declares NAV

2007-08-20 00:00:00

FE Report First Bangladesh Shilpa Rin Sangstha (BSRS) Mutual Fund has declared its Net Asset Value (NAV) as per the Securities and Exchange Commission (Mutual Fund) Rules 2001. On the basis of professional accounts, the First BSRS Mutual Fund has...

IPO diary

2007-08-20 00:00:00

City General Insurance Company Limited Nature of Business: General Insurance Subscription Open: Aug 19 2007Subscription Close: Aug 23 2007 Offer Price (Tk.): 100.00 Market lot (Share): 50 Public Offer (Share): 900,000 Sponsors Portion (Share): 600.000 Private Placement (Share): Total Paid...

corporatewatch

2007-08-20 00:00:00

Announcement of EGMJamuna Bank: The ninth extra-ordinary general meeting (EGM) of Jamuna Bank Limited will be held on September 09, 2007 at 10:30 am at BDR Darbar Hall, Peelkhana in the city. Other information of the EGM of the bank...

Looting, infection spread in quake-hit Peru

2007-08-20 00:00:00

PISCO, Peru, Aug 19 (AFP): President Alan Garcia Saturday threatened a curfew to stop looting in earthquake- stricken areas of southern Peru, where health authorities are battling the spread of infectious diseases. "I have ordered (police) to use the harshest...

China, Pakistan discussing N-deal to counter Indo-US pact

2007-08-20 00:00:00

BEIJING, Aug 19 (PTI): China and its "all-weather" ally Pakistan are discussing an agreement similar to the one India has reached with the US on the civilian nuclear cooperation to maintain the regional security balance, sources said Sunday. Even as...

Hopes dim for 180 trapped miners in China

2007-08-20 00:00:00

XINTAI, Aug 19 (Reuters): More than 180 Chinese coal miners trapped in flooded shafts have slim hopes of survival, but officials said they would press on with frantic rescue efforts after one of the nation's worst mine disasters. Angry relatives...

Afghanistan celebrates independence day

2007-08-20 00:00:00

KABUL, Aug 19 (AP): Afghanistan celebrated its independence from British rule Sunday with a military parade and colorful display of national dresses on the grounds of a stadium once used by the Taliban for public executions. Taliban leader Mullah Omar,...

Hundreds pose naked on shrinking Swiss glacier

2007-08-20 00:00:00

ALETSCH GLACIER, Switzerland, Aug 19 (Reuters): Hundreds of people posed naked on Switzerland's shrinking Aletsch glacier Saturday for US photographer Spencer Tunick as part of a Greenpeace campaign to raise awareness of global warming. Tunick, perched on a ladder and...

Iraqi leaders meet in bid to end political paralysis

2007-08-20 00:00:00

BAGHDAD, Aug 19 (AFP): Iraq's fractious political leaders were to hold another round of talks Sunday in an attempt to salvage Prime Minister Nuri al-Maliki's embattled unity government, an official said. The talks come after Iraq's top Shiite and Kurdish...

Maldives president poised to claim referendum win

2007-08-20 00:00:00

MALE, Aug 19 (AFP): Maldives President Maumoon Abdul Gayoom appeared set for victory Sunday in a referendum on how the Indian Ocean atoll nation should be governed, a vote seen as a test of his nearly three decades in power....