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BKB quarterly review meet held

2008-10-15 00:00:00

Chairman of the board of directors of Bangladesh Krishi Bank (BKB) Khondkar Ibrahim Khaled inaugurated the first review meeting of the general managers (GMs) of the bank for the financial year 2008-09 held at its board room in the city...

Thrust on unity of RMG owners to face global economic crisis

2008-10-15 00:00:00

Our CorrespondentCHITTAGONG, Oct 14: In a bid to avert the ongoing global financial crisis, members of the business community concerned with the garments industries are needed to be alert and get themselves united to tackle any untoward situation. If the...

SIBL managers urged to attain business targets

2008-10-15 00:00:00

Branch managers of Social Investment Bank Limited (SIBL) have been urged to work with total commitment to achieve the business targets of the bank. Chairman of the bank Abdul Awal Patwary made the appeal while speaking as the chief guest...

65 ISIS food products to be available within three years

2008-10-15 00:00:00

FE ReportISIS- a world-renowned manufacturer of low-calorie, low-fat healthy food products has started marketing its merchandises in Bangladesh.The Danish Brand of the food item made debut at the Gulshan outlet of Agora in the city Tuesday.Chairman of ISIS Foods Bangladesh...

Central bank provides $10m OD facilities to a SCB

2008-10-15 00:00:00

FE Report The central bank has provided overdraft (OD) facilities for US$10 million to a state-owned commercial bank (SCB) recently for settlement of its food grains import bills and other overseas payments. "We've allowed the OD facility to the SCB...

Integra to market LG mobile phones in Bangladesh

2008-10-15 00:00:00

FE ReportLG Electronics, a worldwide technology and design leader in mobile communications, announced Sunday its start-up of business operation to make the world No 3 mobile handset brand available in Bangladesh market through partnership with Integra International Limited.The LCD includes...

Ahad elected vice-chairman of Standard Bank

2008-10-15 00:00:00

Mr Abdul Ahad, one of the sponsor-directors of Standard Bank Limited, has been unanimously elected vice-chairman of the board of directors of the bank.The board of directors of the bank elected him at its 132nd meeting held in the city...

City Bank SME div holds training programme

2008-10-15 00:00:00

A training programme organised by the City Bank SME division on small enterprise analysis and new products of SME was held in the city recently, says a press release. Head of SME Badrudduza Choudhury, Head of CRM Ehsan Khasru, Head...

corporatewatch

2008-10-15 00:00:00

Imam Button recommends 8pc cash dividend The board of directors of Imam Button has recommended 8.0 per cent cash dividend for the year 2007-2008. The annual general meeting (AGM) of the company will be held on the factory premises at...

North Korea to resume nuclear dismantlement

2008-10-15 00:00:00

SEOUL, (South Korea), Oct 14 (AP): North Korea planned to resume dismantling its nuclear programme Tuesday for the first time in two months, days after the United States removed the communist regime from a terrorism blacklist as a reward under...

Pakistan clashes kill 40 rebels, 2 soldiers

2008-10-15 00:00:00

PESHAWAR, Oct 14 (Reuters): More than 40 Islamist militants and two soldiers have been killed in the latest fighting in Pakistan's troubled northwest near the Afghan border, paramilitary force officials said Tuesday.Pakistani security forces in recent months have been locked...

Canada set for credit crunch poll

2008-10-15 00:00:00

Canada is holding its third general election in four years, with the global financial crisis looming over the poll, reports BBC.Conservative PM Stephen Harper, who has headed a minority government since 2006, called the snap poll in a bid to...

McCain vows: I'll be back

2008-10-15 00:00:00

WILMINGTON, (North Carolina), Oct 14 (AFP): In a career littered with comebacks, Republican John McCain is now vowing one more Herculean effort to overhaul Barack Obama's commanding poll lead and restore his White House dream. While the Democratic hopeful for...

Human remains found in Australian crocodile

2008-10-15 00:00:00

SYDNEY, Oct 14 (AFP): Australian police say they have found human remains in the stomach of a giant crocodile captured in a remote area where a fisherman went missing late last month. Arthur Booker, 62, disappeared on September 30 after...

Deadly Los Angeles wildfires forcing evacuations

2008-10-15 00:00:00

LOS ANGELES, (California), Oct 14 (CNN): Two major wildfires, pushed by strong Santa Ana winds, raged through the San Fernando Valley Tuesday morning on a path that has already forced thousands of families from their homes.A US Forest Service firefighter...

Arthritis drug boosts heart disease risk

2008-10-15 00:00:00

PARIS, Oct 14 (AFP): The arthritis drug Vioxx nearly doubled the risk of heart attack and stroke compared to no treatment at all, according to a long-term follow-up study released Tuesday. But the risk virtually disappeared, the study found, a...

news digest

2008-10-15 00:00:00

Mbeki arrives in Zimbabwe in bid to rescue power-sharing deal HARARE, Oct 14: Former South African president Thabo Mbeki arrived in Zimbabwe late Monday in a bid to rescue a fragile power-sharing agreement between the country's political rivals. Mbeki left...

US will pump $250b into its banks

2008-10-15 00:00:00

LONDON/TOKYO, Oct 14 (Reuters): The United States will pump $250 billion into its banks Tuesday, following similar measures in Europe, but data showed the threat of recession has not been banished even if a financial sector meltdown has.Major European economies...

Nepal to push for reducing trade gap with India

2008-10-15 00:00:00

KATHMANDU, Oct 14 (Xinhua): Nepal is preparing to ask India to do away with non-tariff barriers on its exports in order to reduce the yawning trade gap. The Nepali officials will put forth their concern at the inter-governmental committee (IGC)...

'Brazil needs no drastic steps to tackle global financial crisis'

2008-10-15 00:00:00

RIO DE JANEIRO, Oct 14 (Xinhua): Brazilian President Luiz Inacio Lula da Silva said yesterday that he didn't believe the international financial crisis would affect Brazil so much that drastic measures are needed. In Toledo, Spain, where he received the...

Iceland, with IMF deal in works, turns to Russia

2008-10-15 00:00:00

REYKJAVIK, Oct 14 (Reuters): Icelandic officials are in Moscow Tuesday for talks on an emergency loan that could be worth billions of euros, the country's latest attempt to raise cash to help save its economy from collapse.Iceland has tapped the...

Cambodia warns rich nations to forget poor at their own peril

2008-10-15 00:00:00

PHNOM PENH, Oct 14 (Online): Cambodia urged developed nations Tuesday to focus on poverty alleviation in less developed economies as part of a strategy to bolster the global economy. In a speech to the annual International Monetary Fund (IMF) and...

Cuban lawmakers seek world support against US sanctions

2008-10-15 00:00:00

HAVANA, Oct 14 (Xinhua): Cuban lawmakers yesterday requested their counterparts across the world to demand the US Congress and government lift the country's economic sanctions imposed on Cuba almost 50 years ago. In a statement Monday, the parliament of Cuba...

Oil prices rally further in Asia

2008-10-15 00:00:00

SINGAPORE, Oct 14 (AFP): Oil prices rallied further today after world leaders rolled out further measures to tackle the global financial crisis, dealers said. New York's main contract, light sweet crude for delivery in November, rose 1.74 dollars to 82.93...

Kenya orders oil firms to cut prices

2008-10-15 00:00:00

NAIROBI, Oct. 14 (Xinhua): The Kenyan government yesterday ordered an immediate reduction of oil prices and warned the government would use all its instruments to reduce the cost of refined oil to put the economy back on track. But oil...

Euro gains ground in Asia

2008-10-15 00:00:00

TOKYO, Oct 14 (AFP): The euro rose against the dollar and yen in Asian trade today after European leaders took action to rescue the continent's banking sector, dealers said. The euro changed hands at 1.3680 dollars, up from 1.3576 in...

Vietnam complains Indonesian biscuits contain melamine

2008-10-15 00:00:00

JAKARTA, Oct 14 (AFP): Vietnam has complained to Indonesia of possible melamine contamination in Indonesian-made biscuits, a report said today. Vietnamese authorities informed Indonesia's embassy in Hanoi that Indonesian-made Khong Guan biscuits could be tainted with the chemical, Trade Ministry...

Iraq minister calls on oil companies in London

2008-10-15 00:00:00

LONDON, Oct 14 (AFP): Iraq's Oil Minister Hussein al- Shahristani met officials from 35 oil companies in London yesterday to lay out details of its first round of bidding for new contracts since the 2003 US-led invasion. He said Iraq...

Taylor ton destroys Tigers' hopes

2008-10-15 00:00:00

CHITTAGONG, Oct 14 (UNB): A brilliant ton by right-hand batsman Ross Taylor enabled visiting New Zealand to clinch the three-match BRAC Bank ODI Series 2-1 beating Bangladesh by 79 runs in the third match at the Bir Shreshtho Shaheed Ruhul...

Nat’l booters arrive in Kuala Lumpur

2008-10-15 00:00:00

Bangladesh national football team, led by Motiur Rahman Munna, arrived in the Malaysian capital Kuala Lumpur Tuesday morning to participate in the Merdeka Cup Football Tournament slated for October 15 to October 25, reports UNB.Bangladesh has been placed in strong...