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Expansion of crop godown loan project demanded in Nilphamari

2008-10-19 00:00:00

Our CorrespondentNILPHAMARI, Oct 18: The crop godown loan project meant for the poor farmers to keep different crops in godowns and taking loan from any specific bank against the kept crop whether it is wheat, paddy or pulse have been...

US food, drug regulator to open offices in China

2008-10-19 00:00:00

WASHINGTON, Oct 18 (AFP): The US Food and Drug Administration (FDA) will open its first overseas offices in China this year as part of efforts to regulate imported food to the United States, an official said yesterday. Offices will also...

Major Chinese dairy producers say sales recovering

2008-10-19 00:00:00

HOHHOT, Oct. 17 (Xinhua): Two major Chinese dairy producers said yesterday sales have recovered to 80 per cent of the normal level before the tainted milk scandal. The companies of Yili and Mengniu, both based in the northern Inner Mongolia...

IT fair begins in Ctg Oct 20

2008-10-19 00:00:00

Our CorrespondentCHITTAGONG, Oct 18: A 3-day information technology (IT) fair will begin at Engineers Institute auditorium in the port city on October 20. Inpace Management Service Ltd will arrange the fair.In this connection ,a press conference was held in the...

Seasonal job crisis grips Faridpur people

2008-10-19 00:00:00

Our CorrespondentFARIDPUR, Oct 18: Seasonal employment crisis is prevailing in Faridpur for lack of agricultural work during this period of the year as about 80 per cent people of the district depend on agricultural work for survival. According to a...

Walton fridge using modern tech

2008-10-19 00:00:00

FE ReportRB Group, country's one of the leading electrical, electronics and automobiles companies offering Walton S-1FC model fridge at a competitive price.The price of the new model fridge fixed at Tk 14504 which is 25 per cent lesser than the...

Russia orders seven oil cos to lower prices

2008-10-19 00:00:00

MOSCOW, Oct 18 (AFP): Russian authorities ordered seven leading oil companies to lower their rates on Thursday after President Dmitry Medvedev lashed out at "disgusting" prices for airplane fuel. The Federal Anti-Monopoly Service sent "a warning about the need to...

Japan to give $4.5b loans to India rail project

2008-10-19 00:00:00

TOKYO, Oct 18 (AFP): Japan will provide India with 450 billion yen (4.5 billion dollars) in loans to help build a freight railway between New Delhi and Mumbai, a newspaper reported today. The assistance will be Japan's largest ever loan...

Knitwear fair begins tomorrow

2008-10-19 00:00:00

FE Report A three-day knitwear fair-Knit Exposition 2008-will kick off tomorrow (Monday) in Dhaka to display the latest innovations and bring manufactures, buyers and policy makers on a common platform, BKMEA said Saturday.Chief Adviser Dr Fakhruddin Ahmed is expected to...

IBBL hands over IDB-funded homes in Sidr-hit area

2008-10-19 00:00:00

FE ReportIslamic Development Bank has offered home reconstruction facilities for 120 distressed families hit by cyclone Sidr last year. The project was implemented through Islami Bank Bangladesh Limited (IBBL). AF Hassan Ariff, Adviser of Law, Religion and Land Affairs, handed...

Automated Clearing House set to start journey by mid-2009

2008-10-19 00:00:00

FE ReportBangladesh Automated Clearing House (BACH) will hopefully begin its journey by the middle of next year to ensure the processing of cheques, credit and debit payments instruments of banks electronically.A central bank official disclosed this at a seminar on...

Taiwanese team mulls $100m investment in Bangladesh

2008-10-19 00:00:00

Our CorrespondentCHITTAGONG, Oct 18: Mr Endi Kung, the chief of the visiting Taiwanese trade delegation informed the BEPZA chief that they were contemplating to invest 100 million dollars in Bangladesh.Talking to the Executive chairman of the Bangladesh Export Processing Zones...

DSE president, senior VP attend OIC meeting of bourses

2008-10-19 00:00:00

FE ReportDhaka Stock Exchange (DSE) president Abdul Haque and senior vice president Saiful Islam are now in Turkey to attend a two-day 'executive committee and second forum meeting' of stock exchanges of the OIC countries starting Saturday.Regional securities joint indices,...

Trust Bank's Investors'Awareness Programme

2008-10-19 00:00:00

FE ReportTrust Bank Limited organised a workshop titled 'Investors' Awareness Programme' in its Training Academy in the city in order to improve the awareness of the investors for making proper investment decision..Mr. Ishtiaque Ahmed Chowdhury, Deputy Managing Director of the...

Saifuddin new MD of Union Capital

2008-10-19 00:00:00

Saifuddin M Naser has joined Union Capital Limited, a leading Financial Institution as its managing director-cum-CEO from this month, says a press release. Prior to this joining, Naser worked as the Managing Director-cum-CEO of BRAC Afghanistan Bank and held senior...

US dollar steady against BDT

2008-10-19 00:00:00

Sarwar Zahan US dollar remained steady against Bangladesh taka (BDT) in the inter-bank foreign exchange market despite higher demand for the greenback on comfortable flow of the foreign currency, fund managers said. The supply line of the currency was nourished...

Sonali Bank confce on 'customer service' held

2008-10-19 00:00:00

FE Report Sonali Bank Limited organised a 'Customer Service Improvement' for its officers and staff working in the branches of Dhaka Metropolitan area as second officer, cash in-charge and in-charge of bills and remittances at ICMAB auditorium in the city...

Asian stock markets end mixed

2008-10-19 00:00:00

HONG KONG, Oct 18 (AP): Asian stock markets were mixed Friday after Wall Street rebounded strongly overnight, with Japanese shares recovering from a historic fall in the previous session.Tokyo's Nikkei 225 stock average advanced 235.27 points, or 2.78 per cent,...

ICB AMCL announces NAV of two unit funds

2008-10-19 00:00:00

ICB Asset Management Company Limited (AMCL), a subsidiary of ICB, announced net asset value (NAV) of its two unit funds in the city recently, says a press release.The NAV of ICB AMCL unit fund stood at Tk. 660,827,973.99 on the...

MIDAS' five-day training course in city from Oct 26

2008-10-19 00:00:00

FE Report MIDAS will organise a training course on 'Start Your Own Business' at its head office in the city from October 26, said a press release. The five-day training course has been designed on a German model called competency-based...

Krishi Bank's 467th board meeting held

2008-10-19 00:00:00

The board of directors of Bangladesh Krishi Bank held the 467th board meeting at the board room of the bank in the city recently, says a press release. Krishi Bank Chairman Khondkar Ibrahim Khaled presided over the meeting.All the directors...

European stocks increase

2008-10-19 00:00:00

LONDON, Oct 18 (Bloomberg): European stocks rose, capping the Dow Jones Stoxx 600 Index's biggest weekly gain since March 2007, as Sony Ericsson Mobile Communications Limited posted better-than-estimated earnings and money-market rates declined. Ericsson AB added 5 per cent. Nokia...

Mizanuddin KBCCI convener-president

2008-10-19 00:00:00

FE ReportMizanuddin Ahmed Chowdhury was elected convener-president of Korea-Bangladesh Chamber of Commerce and Industry (KBCCI) recently. He was elected at a simple ceremony held at the principal office of KBCCI with the presence of its directors and general members, according...

Pak army 'kills 60 Taleban'

2008-10-19 00:00:00

At least 60 militants have been killed after the Pakistani army launched air strikes on two Taleban training camps in north-west Pakistan, the army says, according to BBC.The operation in the Swat Valley occurred late Friday shortly after troops found...

Iraqis stage mass anti-US rally

2008-10-19 00:00:00

Supporters of Shia cleric Moqtada Sadr have staged a mass demonstration in Baghdad in protest against plans to extend the US mandate in Iraq, according to BBC.An estimated 50,000 protesters chanted slogans such as "Get out occupier!".Iraqi and US negotiators...

Mind power moves paralysed limbs

2008-10-19 00:00:00

Scientists have shown it is possible to harness brain signals and redirect them to make paralysed limbs move, according to BBC.The technology bypasses injuries that stop nerve signals travelling from the brain to the muscles, offering hope for people with...

Thai, Cambodian troops meet at disputed border

2008-10-19 00:00:00

PREAH VIHEAR, (Cambodia), Oct 18 (AFP): Thai and Cambodian commanders brought troops together on their disputed border Saturday for informal talks aimed at preventing further skirmishes after deadly gunfights earlier this week.Cambodian Major General Srey Deok and Thai Colonel Chayan...

US election battle shifts to Florida

2008-10-19 00:00:00

The rivals for the White House are starting to focus on the key Southern states won by George Bush in 2004, with just 18 days to go before the vote, according to BBC.John McCain, who is trailing in the opinion...

news digest

2008-10-19 00:00:00

One killed, four wounded in car bombing of US law firm WASHINGTON, Oct 18: A 78-year-old man died after attempting to ram his SUV into a law firm in the southern state of Georgia Friday and detonating items in his...

Can new software take the hard work out of carbon management?

2008-10-19 00:00:00

David Metcalfe Carbon calculating software is slowly starting to find corporate buyers. David Metcalfe of research company Verdantix surveys how firms are using the new technology and argues that this virgin market can only get biggerCarbon calculating software is slowly...