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City Bank approves 15pc stock dividend

2008-09-26 00:00:00

FE Report City Bank has approved 15 per cent stock dividend for its shareholders for the year ended December 31, 2007. The approval came at the 25th annual general meeting (AGM) of the bank held at the Bangladesh-China Friendship Conference...

Financial assistance extended to 23 organisations

2008-09-26 00:00:00

FE ReportDutch-Bangla Bank Limited has extended financial assistance to 23 organisations engaged in rehabilitation of the disabled children and other social organisations engaged in bringing about well being of the society. DBBL Managing Director Md Yeasin Ali handed over the...

DSE to take legal action against 11 companies

2008-09-26 00:00:00

FE ReportDhaka Stock Exchange (DSE) has decided to take legal actions against 11 listed companies as they failed to pay listing fees worth Tk 2.18 million for years."We will take legal action against the companies soon as they did not...

Shamsuddin re-appointed Uttara Bank MD

2008-09-26 00:00:00

Mr Shamsuddin Ahmed has been re-appointed managing director (MD) of Uttara Bank Limited.His appointment came into effect on September 23, 2008, said a press release.Mr Ahmed started his banking career by joining the then Eastern Banking Corporation Limited (now Uttara...

World shares mixed

2008-09-26 00:00:00

LONDON, Sept 25 (AFP): European shares mostly spiked Thursday after Asian equities mainly fell amid uncertainty over an emergency multi-billion-dollar US bailout for the financial sector.US President George W Bush Wednesday warned that the United States would slip into recession...

Finlay Tea CEO joins UN Forum

2008-09-26 00:00:00

Mr. AQI Chowdhury, OBE, chief executive officer (CEO) and managing director of Finlay Tea joined the UN Private Sector Forum, The Millennium Development Goals and Food Sustainability, held in the United Nations (UN) Headquarters in New York Wednesday.He attended the...

BRAC Bank opens three new ATM booths in city

2008-09-26 00:00:00

FE Report BRAC Bank Limited has recently opened three new ATM booths at Banani, Gulshan-2 and Mohakhali in the city.BRAC Bank head of Retail Banking Firoz Ahmed Khan inaugurated the new ATM booths of the bank in three separate locations....

Nokia announces Forum Nokia 'Calling All

2008-09-26 00:00:00

Innovators' Global Developer ContestForum Nokia has announced Calling All Innovators, a global contest for developers to create mobile applications that will help to better society, said a press release.First place winners in each category will receive US$25,000, a trip to...

Corrigendum

2008-09-26 00:00:00

The name of the Managing Director of National Housing Finance and Investments Ltd Abdur Rob was published as Abdur Rab in a news item on page 9 in our yesterday's issue. The inadvertent mistake is regretted.

corporatewatch

2008-09-26 00:00:00

Response to DSE/CSE queries Bangladesh Finance: In response to DSE/CSE queries, the authorities of Bangladesh Finance and Investment Company Limited have stated that the board of directors of the company has decided to participate as partner with Bangla Lion Communications,...

N Korea on brink of restarting nuclear programme

2008-09-26 00:00:00

SEOUL, Sept 25 (AFP): North Korea was Thursday on the brink of restarting the nuclear weapons programme it shut down 14 months ago under a landmark disarmament deal, as negotiating partners struggled to save the pact. The communist state has...

India, Pakistan leaders agree to kickstart peace talks

2008-09-26 00:00:00

NEW YORK, Sept 25(AFP):Indian Prime Minister Manmohan Singh and Pakistan President Asif Ali Zardari agreed here Wednesday to kickstart an embattled peace dialogue between the two nuclear-armed rivals, with new talks to be scheduled by year's end. The leaders agreed...

Iraq ambush toll climbs to 35

2008-09-26 00:00:00

BAQUBA, (Iraq), Sept 25 (AFP): The death toll from an ambush against Iraqi police in the restive province of Diyala has risen to 35, a local mayor told AFP Thursday. Gunmen struck on Wednesday in the village of Al-Dulaimat near...

Powerful blast in Georgian separatist city

2008-09-26 00:00:00

MOSCOW, Sept 25 (AFP): A powerful blast in the Georgian separatist region of Abkhazia on Thursday inflicted "significant damage" to buildings, but caused no casualties, Russian news agencies reported, citing officials. "A powerful explosive device detonated near the Abkhaz secret...

Chavez due in Russia amid US tensions

2008-09-26 00:00:00

MOSCOW, Sept 25 (AFP): Venezuelan President Hugo Chavez was due in Russia on Thursday for talks on military and economic cooperation between Moscow and Caracas amid Cold War-style tensions with Washington. Chavez was scheduled to meet Prime Minister Vladimir Putin...

Britain mulls allowing Catholic monarchs

2008-09-26 00:00:00

LONDON, Sept 25(AFP):The British government is drawing up plans to end a 300-year-old exclusion of Catholics from the line of succession, as well as ending the priority given to male heirs, a newspaper reported today. The Labour government would introduce...

news digest

2008-09-26 00:00:00

Pakistan boosts airport security after threat ISLAMABAD, Sept 25(AFP):Pakistani authorities tightened security at Islamabad's international airport on Thursday after a telephone threat that warned of a bomb attack, a senior security official said. The threat comes just days after a...

Brothers Union beat Ctg Abahani

2008-09-26 00:00:00

Brothers Union registered their 2nd consecutive win in the Citycell B League, beating Chittagong Abahani by 1-0 goal in the day's lone match at the Bangabandhu National Stadium (BNS) in the city Thursday, reports UNB.After the day's result, Brothers Union...

National booters begin residential camp Friday

2008-09-26 00:00:00

National booters begin residential camp today (Friday) at the BKSP in Savar ahead of the Merdeka Cup Football Tournament to be held in Malaysia on October 15-25, reports UNB.The brief eight-day camp will continue until October 4.All the 30 players...

Bengal Tigers to distribute Best Cricketer Award today

2008-09-26 00:00:00

Cricket Fan Club 'Bengal Tigers' will distribute its 'Aramex Bengal Tigers Cricketer of the Year' award for the years 2006-07 and 2007-08 at a function in the city today (Friday), reports UNB.The Bengal Tigers will select the best cricketers for...

Div II Football, Uttar Baridhara draw with Friends

2008-09-26 00:00:00

Friends Social Welfare Organisation played to a 1-1 goal draw with Uttar Baridhara Club in the day's only match of the Second Division Football League at the Bir Shreshtho Shaheed Sepoy Mohammad Mostafa Kamal Stadium at Kamalapur in the city...

Beach Kabaddi training begins

2008-09-26 00:00:00

The Beach Kabaddi training began Thursday with eight players in Cox's Bazar, reports UNB. Bangladesh will take part in the ensuing Asian Beach Games to be held in Indonesia.

GP-BCB Academy clinch series beating SL Dev

2008-09-26 00:00:00

Visiting GP-BCB National Cricket Academy team clinched the three-match one-day series 2-1 beating Sri Lanka Development Squad by three wickets in the 3rd one-day match at the NCC Ground in Colombo Thursday, reports UNB.Batting first, Sri Lanka Development Squad were...

Mumbai to host Champions League final

2008-09-26 00:00:00

Mumbai has been picked as the venue for the Champions League final on December 10. The domestic Twenty20 winners and runners-up from India, Australia and South Africa and Twenty20 champions from Pakistan and England will participate in the eight-day tournament,...

Watson hopes IPL experience to help in Tests

2008-09-26 00:00:00

Shane Watson, the Australian allrounder, hopes his experience of Indian conditions during the IPL will help his case for selection to the XI for the Tests starting next month. Watson, who was the Man of the Series in the IPL,...

ICC to meet ICL representatives after Bangladesh crisis

2008-09-26 00:00:00

MUMBAI, Sept 25 (Reuters): Cricket's governing body has agreed to meet representatives of the unofficial Indian Cricket League (ICL) which triggered a crisis in Bangladesh this month by scooping up 13 of the country's leading players.The International Cricket Council (ICC)...

The Political Angst

2008-09-25 00:00:00

Muhammad Zakiul IslamPeople even with the faintest interest in politics and the public, in general, seem to be suffering from a minor political angina and angst at the happenings of the last few weeks. Having bloated in the euphoria of...

For women, starting a business is the same worldwide

2008-09-25 00:00:00

Kelly BronkWhen two entrepreneurs examined the limited transportation options available to people living in U.S. cities, they not only saw a business opportunity, but also imagined a way to help the environment. Together they founded Zipcar Inc., the world's largest...

An open letter to the United States

2008-09-25 00:00:00

LA Times, USADear Unites States, WELCOME to the Third World! It's been a quick slide from economic superpower to economic basket case. And it's not every day that a superpower makes a bid to transform itself into a Third World...

Corruption ranking: It could be better

2008-09-25 00:00:00

THERE is not too much to read in the better position attained by Bangladesh in the corruption ranking of Transparency International (TI) that measures the rise and fall of corruption round the world. Its report on corruption released on Wednesday...