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Does the government careabout traffic mess

2008-09-10 00:00:00

What will happen to our traffic system The reported boom in car sales worries me about the future of our road traffic. Dhaka city is already overburdened with the vehicles. How would it take the extra pressure of more imported...

Lessons of Ramadan

2008-09-10 00:00:00

Fast is obligatory for the faithful.brA Muslim must have faith in Islam.brWe have to abide by the rules of the Ramadan to achieve satisfaction of Allah and His Holy Prophet.brHabibur Rashid IsmailbrJamea Rahmania Fadil MadrasahbrChoitenyar Hat, Chittagong.br

Most important is public security

2008-09-10 00:00:00

This is holy month of Ramadan. We are fasting and praying for getting almighty Allah's blessings for building our character. From the start of this holy month, the telephone terrorism has been making the lives of citizens miserable. People around...

Professionalism in insurance sector

2008-09-10 00:00:00

A.B.M. Nurul HaqbrA satisfied customer is the golden egg for an organisation and an insurance company should aim at hatching that golden egg through top class service.brIn order to enhance the service level of the organisation, following issues should be...

Food safety and quality control in Bangladesh

2008-09-10 00:00:00

Dr. Mohammed HossainbrFOOD safety has become an important topic as consumers in Bangladesh have become victim of serious adulteration in food. It has been reported in the media how certain rogue restaurants are using dead chicken meat and sweets mixed...

'Global economy faces its most difficult test'

2008-09-10 00:00:00

FRANKFURT, Sept 9 (Reuters) The global economy faces its most difficult test in many years with economic growth slowing sharply even as high commodity prices put pressure on inflation, a senior International Monetary Fund (IMF) official said Tuesday.brIMF first deputy...

China can sustain growth despite global economic slowdown

2008-09-10 00:00:00

XIAMEN, Fujian, Sept 9 (Xinhua) During a time of global economic slowdown, Chinese officials said the country can sustain growth. brThe comprehensive situation in China is fine, said Vice Premier Wang Qishan in a keynote speech at Monday's international investment...

US employment expectations fall to its lowest level since 2003

2008-09-10 00:00:00

NEW YORK, Sept 9 (Reuters) A measure of US employment expectations fell to its lowest level since 2003, amid signs the US job market slowdown is spreading to economies around the globe, according to a quarterly survey by Manpower Inc...

Dubai records 54pc growth in non-oil trade

2008-09-10 00:00:00

ABU DHABI, Sept 9 (Xinhua) The volume of non-oil direct foreign trade of Dubai, the commercial and financial hub of the United Arab Emirates (UAE), reached 296.6 billion dirhams (80.8 billion US dollars) in the first half of 2008, up...

Oil prices drop in Asia on Saudi output comments

2008-09-10 00:00:00

SINGAPORE, Sept 9 (AFP) World oil prices fell in Asian trade today amid signs that OPEC will maintain production levels when it meets later in the day, analysts said. brNew York's main contract, light sweet crude for October delivery, fell...

Myanmar, Russia to jointly explore oil, gas

2008-09-10 00:00:00

YANGON, Sept. 9 (Xinhua) A Myanmar's oil company and a Russian one will jointly explore oil and gas in two onshore areas in Myanmar, the state-run newspaper New Light of Myanmar reported today. brAccording to a production sharing contract signed...

Yen firms in Asia as investors pare risk

2008-09-10 00:00:00

TOKYO, Sept 9 (AFP) The yen rose against other major currencies in Asian trade today as investors shed risky bets on credit market concerns despite a US government bailout of two mortgage lenders, dealers said. brThe dollar slipped to 107.43...

China promotes healthy development of soybean processing industry

2008-09-10 00:00:00

BEIJING, Sept. 9 (Xinhua) China National Development and Reform Commission (NDRC) has issued a circular on directory proposals for promotion of a healthy development of soybean processing industry. brThe move is aimed at reducing pressure on domestic oil and fats...

India, US can play key part in USD 17tr clean energy drive

2008-09-10 00:00:00

NEW DELHI, Sep 9 (PTI) India and the US could play major roles in the clean energy technology drive to create green industry at a whopping investment of USD 17 trillion (about Rs 6,80,00,000 crore) by 2025, U.S. Department of...

Call for proper collection, disbursement of Zakat

2008-09-10 00:00:00

FE ReportbrZakat, one of the five bulwarks of Islam as well as Fitra is not merely an aid for poverty reduction in the society; they are also meant for complete elimination of impoverishment from the society and a tool for...

Call rate, dollar move on steady track

2008-09-10 00:00:00

FE Report brThe inter-bank call money rate maintained steady level although the central bank injected fresh cash into the market to ease pressure on liquidity. The US dollar also remained stable against Bangladesh taka (BDT) in the inter-bank foreign exchange...

ICB announces NAV of 8 mutual fund certificates

2008-09-10 00:00:00

FE ReportbrInvestment Corporation of Bangladesh (ICB) announced Net Asset Value (NAV) of Eight Mutual Funds Certificates based on market prices at the close of operation ending August 31, 2008, says a press release.brThe market price of the First ICB Mutual...

New promotional offer for Mitsubishi Sedan Car

2008-09-10 00:00:00

FE ReportbrOn the eve of the Eid-ul-Fitr, Rangs Limited, the sole distributor of Mitsubishi Motors Corporation in Bangladesh unveiled a new promotional offer for its Mitsubishi Sedan Car ranges in the city Sunday.brUnder the campaign termed as 'Eid Bonanaza'- Rangs...

PICL insures SJIBL's lockers

2008-09-10 00:00:00

FE ReportbrShahjalal Islami Bank Ltd (SJIBL) signed an agreement on locker insurance with Prime Insurance Co Ltd (PICL) recently. Under the deal, all lockers of Shahjalal Islami Bank to be protected by PICL.brPrime Insurance Managing Director (cc) Ferdous Ara Chowdhury...

New Singer Plus Shop opens in Khulna

2008-09-10 00:00:00

FE ReportbrA new Singer Plus Shop was opened in Khulna city Monday.brDirector & Chief Operating Officer of Singer Bangladesh Limited Mr. A.M. Hamim Rahmatullah formally inaugurated the city's third Singer Plus Shop on Khan-A-Sabur Road near Sonali Bank, said a...

Asian markets close lower

2008-09-10 00:00:00

TOKYO, Sept 9 (RTTNews) The stock markets across the Asia-Pacific region closed sharply lower Tuesday on profit taking following Monday's rally on the back of the US government's bailout plan for the troubled mortgage giants Freddie Mac and Fannie Mae....

New chairman, vice chairman of Progressive Life Ins

2008-09-10 00:00:00

Mr Abdul Malik and Mr Kamal Miah have been elected chairman and vice chairman of Progressive Life Insurance Company Limited for the year 2008-2009.brThey were elected at the 61st board of directors meeting of the company held in the city...

Universal Business inks deal with Todwil Group of S Africa

2008-09-10 00:00:00

Universal Business, a local company involved in supply and promotion, signed an agreement with The Todwil Group of South Africa recently.brInternational Account Manager of The Todwil Group Jason Pontes and Chief Executive Officer (CEO) of Universal Business Tashfin Delwar signed...

European shares climb

2008-09-10 00:00:00

LONDON, Sept 9 (AFP) Europe's leading stock markets extended gains Tuesday as crude oil futures slid close to US$100 a barrel, traders said.brLondon's FTSE 100 index of top shares was up 0.97 per cent at 5,499.40 points in early afternoon...

corporatewatch

2008-09-10 00:00:00

SEC warns co, menbrThe Securities and Exchange Commission (SEC) has warned Jago Corporation Limited, its directors, managing director and company secretary for non-compliance of securities laws in connection with the delayed furnishing of annual report for the year that ended...

Indian flood victims hold demonstration against govt's failure to prevent disaster

2008-09-10 00:00:00

GUWAHATI, (India), Sept 9 (Reuters) Fresh monsoon flooding brought more death and distress across South Asia Tuesday, while many of the hundreds of thousands of flood victims in relief camps complained of poor facilities. brSeven people drowned when overnight rains...

Hurricane Ike kills 4 in Cuba, takes aim at Havana

2008-09-10 00:00:00

BATON ROUGE, Sept 9 (AP) The Gulf Coast watched anxiously as Hurricane Ike trudged toward areas still cleaning up after Gustav, with disasters pre-declared in much of eastern Texas and Louisianans urged to stock up - again - on supplies....

Georgian leader seeks EU help after pullout deal with Moscow

2008-09-10 00:00:00

TBILISI, Sept 9 (AFP) Georgian President Mikheil Saakashvili Tuesday said further European engagement was needed to resolve his country's dispute with Russia after a pledge by Moscow to pull out troops.brHe gave his assessment of Russia's withdrawal plans, brokered by...

Iran nuclear plant nearing completion Russia

2008-09-10 00:00:00

MOSCOW, Sept 9 (Reuters) Iran's Bushehr nuclear plant is nearing completion and the start-up of its reactor will soon become irreversible, the Russian state-owned company that is building the power station said Tuesday. brRussia has already delivered nuclear fuel under...

news digest

2008-09-10 00:00:00

Nepal to free slaves trapped brby ancestors' debts brKATHMANDU, Sept 9 In the 1940s Sita Bishwokarma's grandfather took out a loan worth 120 dollars, and since then his family has lived in virtual slavery, victims of a practice that Nepal...