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Dubai Mercantile Exchange to launch more futures contracts

2007-06-07 00:00:00

ABU DHABI, June 6 (Xinhua): Dubai Mercantile Exchange (DME), the first energy futures and commodities exchange in the Middle East, plans to launch more futures contracts in association with the New York Mercantile Exchange, local newspaper Gulf News reported yesterday....

Foreign banks eye Pakistan market

2007-06-07 00:00:00

ISLAMABAD, June 6 (APP): The recent announcement from Pakistan's NIB Bank of its plans to acquire 70 per cent of Pakistan's PICIC bank in a $378 million deal is yet another event which will be well received in the markets,...

EU supports govt's efforts to make ACC truly independent

2007-06-07 00:00:00

The European Union (EU) supports the caretaker government's efforts to make the Anti-Corruption Commission (ACC) a truly independent body as it believes people's rights are meaningful as long as they are not undermined by corruption.".....it's very important part when it...

Charge hearing deferred

2007-06-07 00:00:00

The charge hearing of a graft case against former telecommunication minister Mohammad Nasim could not be held Wednesday as the defence counsel sought time to start the hearing, reports UNB.Seeking two weeks' time, Anisul Huq, the defence counsel for Nasim,...

Mamoon, Lobi, Obaidul taken on fresh remand

2007-06-07 00:00:00

Former BNP lawmaker Ali Asghar Lobi, Obaidul Qader of the Awami League and Tarique's business partner Giasuddin Al Mamoon were given to police remand when they were produced before the Chief Metropolitan Magistrate (CMM) Court from the Central Jail in...

Two former BNP lawmakers sued in two dists

2007-06-07 00:00:00

Two former BNP lawmakers were sued in Comilla and Bagerhat Tuesday, reports UNB. In Comilla, a case was filed against five people, including former BNP lawmaker Monirul Haque Chowdhury, with a court Tuesday.Abul Khair of Barahipur village of Sadar South...

SC upholds HC order, rejects govt petition

2007-06-07 00:00:00

Upholding the High Court (HC) order staying for three months the proceedings of an arms case filed against former communications minister Nazmul Huda, the Supreme Court (SC) rejected Wednesday the government petition seeking leave-to-appeal against the stay order, reports UNB.Upon...

Dhamrai Municipality chairman arrested

2007-06-07 00:00:00

SAVAR, June 6 (UNB): Joint forces arrested Dhamrai Municipality chairman from his residence in the municipality area Tuesday midnight.Sources said the joint forces raided the residence of Chairman Dewan Nazim Uddin Manju, also a BNP leader, and arrested him on...

Extortion case filed against Rahmat Ali, five associates

2007-06-07 00:00:00

GAZIPUR, June 6 (UNB): An extortion case was filed against former deputy minister and Awami League lawmaker Rahmat Ali and his five associates with a magistrate court here Wednesday. Lance Corporal (retd) of Army Ziarat Hossain filed the case against...

Historic 7th June today

2007-06-07 00:00:00

Awami League (AL) will observe the historic 7th June today (Thursday) commemorating the announcement of the Six-Point Demand Day, reports BSS.On this day in 1966, the AL announced the Six-Point demand that led to the independence struggle culminating in the...

HC grants bail to Shah Zafar

2007-06-07 00:00:00

Overruling a lower court order, the High Court (HC) granted Wednesday bail to former BNP lawmaker Shah Mohammad Abu Zafar in a case of embezzlement of relief corrugated iron (CI) sheets, reports UNB. After hearing both sides, a Division Bench,...

President for including topic of adulteration in school textbooks

2007-06-07 00:00:00

President Iajuddin Ahmed Wednesday stressed the need for including 'adulteration' as a topic in school curricula as an initiative to build up a social movement against the vice, reports UNB."We'll have to wage a social movement against adulteration to protect...

Work on bridge over Halda moving at snails pace

2007-06-07 00:00:00

Our CorrespondentCHITTAGONG, June 06: The construction work of new Madunaghat Bridge over the river Halda involving around Tk. 140 million is proceeding at a snail's pace.Construction work of two-third portion of the bridge is complete. But possibility of completing the...

Govt cancels licences of 10 hajj agencies for irregularities

2007-06-07 00:00:00

The government has so far cancelled the licenses of 10 hajj agencies and suspended that of 15 others for one to two years on charges of mismanagement and irregularities in the last year's hajj, reports UNB. The government has also...

Police asked to arrest fake admission seekers

2007-06-07 00:00:00

DU CorrespondentThe Dhaka University authorities asked the law enforcing agencies working on the campus to arrest the fake students whose admission were nullified at the Tuesday's syndicate meeting.The university syndicate declared the admission documents of some 77 students forged and...

Tajikistan for Bangladesh investment under jt venture

2007-06-07 00:00:00

Tajikistan has invited Bangladeshi entrepreneurs to invest under joint venture in agriculture and light industrial sectors for mutual benefit of the two countries, reports UNB.President of Tajikistan Rahmon extended the invitation while accepting the credentials from Bangladesh Ambassador M Shameem...

Snatcher lynched at JU

2007-06-07 00:00:00

SAVAR, June 6 (UNB): An alleged snatcher, who was seriously injured in mob beating at Jahangirnagar University (JU), succumbed to his injuries at Dhaka Medical College Hospital (DMCH) Monday midnight.The dead was identified as Abul Kashem (22), son of Kabir...

Mother kills her baby girl

2007-06-07 00:00:00

BAGERHAT, June 6 (UNB): A young mother allegedly killed her newborn baby girl at Muniganj in the town early today (Wednesday).The police and local people said Lippy (22), wife of Arif Talukder, took her 19-day-old daughter, Synthia, to Chanmari Bridge...

Eight deer sent to Khulna breeding centre

2007-06-07 00:00:00

PIROJPUR, June 6 (UNB): Eight deer, seized by joint forces from the house of a government official, were sent to Khulna Wild Animal Management Department following a court order.The deer will be released at Karamjal Wild Animal Breeding Centre in...

Man dies of heatstroke

2007-06-07 00:00:00

COX'S BAZAR, June 6 (UNB): A man died of heatstroke during the marriage ceremony of his daughter in Moheshkhali Upazila here Monday.Zakir Hossain (42), resident of Putibila in the upazila, died while his daughter's marriage ceremony was on at the...

HSBC to spend $100m to combat climate change worldwide

2007-06-07 00:00:00

FE ReportThe HSBC Group recently announced a five-year $100 million  (10 crore) HSBC climate programme partnering with four world-class environmental organisations to inspire action by individuals, businesses and governments world-wide and engaging its staff to improve the climate change impacts...

BSTI fines seven business houses

2007-06-07 00:00:00

RAJSHAHI, Jun 6 (BSS): A mobile court of Bangladesh Standards and Testing Institution (BSTI) fined seven dishonest business establishments Tk 3,300 in Rajshahi town Tuesday.According to the BSTI sources, as part of the ongoing drive against adulteration in food items...

Lux, Channel-i launch new superstar hunt

2007-06-07 00:00:00

FE ReportThe launching ceremony of the 3rd Lux Channel-i Superstar 2007 was held in a city hotel Monday. Unilever Bangladesh Ltd Brands and Development Director Naushad Chowdhury, Impress Telefilm Managing Director Faridur Reza Sagar, and Asiatic MCL DMD Asaduzzaman Noor...

AKTEL reduces call rates

2007-06-07 00:00:00

FE ReportAKTEL, the country's one of the leading cellphone operators, offered exclusive call rates for its Joy and Power subscribers from June 3.Under the offer, subscribers are now able to talk to any operator at Tk 1.50/minute from 12:00 pm...

Dhaka Bank holds discussion

2007-06-07 00:00:00

FE ReportDhaka Bank Training Institute (DBTI) held a discussion on anti-money laundering issues recently.A total of 25 executives and officers from Narayanganj and Madhabdi branches including branch managers participated in the programme.The two sessions of the programme were conducted by...

Lakiotullah new MD of Jamuna Bank

2007-06-07 00:00:00

Mohammed Lakiotullah had been appointed managing director (MD) of Jamuna Bank Limited Monday.Prior to his new assignment, Lakiotullah served in the EXIM Bank as its founder managing director for about eight years.He also served in United Bank of Pakistan, Janata...

Lux, Channel-i launch new superstar hunt

2007-06-07 00:00:00

FE ReportThe launching ceremony of the 3rd Lux Channel-i Superstar 2007 was held in a city hotel Monday. Unilever Bangladesh Ltd Brands and Development Director Naushad Chowdhury, Impress Telefilm Managing Director Faridur Reza Sagar, and Asiatic MCL DMD Asaduzzaman Noor...

CCCI makes 8-pt recommendation for smooth supply of essential goods

2007-06-07 00:00:00

Our CorrespondentCHITTAGONG, June 06: With a view to ensuring uninterrupted supply of the essential consumer goods and keeping the supply chain normal, Chittagong Chamber of Commerce and Industry (CCCI) made an 8-point recommendation for consideration of the caretaker government.CCCI president...

BKB holds training on SME reporting

2007-06-07 00:00:00

FE ReportBangladesh Krishi Bank (BKB) organised a two-day training programme on SBS-1,2,3 and SME reporting at its training institute of in the city on June 2 and June 3. Deputy general managers, chief regional managers, regional managers and officials of...

Most Asian stocks inch lower

2007-06-07 00:00:00

SINGAPORE, June 06 (Reuters): Most major Asian share markets inched lower and the dollar slipped Wednesday, after comments from U.S. Federal Reserve Chairman Ben Bernanke dashed hopes for an interest rate cut this year in Asia's top export market. European...