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India troubled by links to terror suspects

2007-07-13 00:00:00

The Bangalore company that hired one of the Indian suspects in the failed terror attack on Glasgow airport in the UK sought to distance itself from the case on Wednesday, saying it had no record of his movements after he...

Motia demands constitutional rights for Hasina

2007-07-13 00:00:00

Awami League (AL) presidium member Motia Chowdhury has criticised "restriction" on free movement of AL president Sheikh Hasina and asked the government to ensure democratic and constitutional rights for her, reports UNB.Talking to reporters outside Bangabandhu Memorial Museum Thursday, Motia,...

Imports up 14pc in FY2006-07

2007-07-13 00:00:00

Imports were up 14 per cent to about $ 16 billion during the last fiscal year (2006-07), compared to the previous fiscal, reports UNB.Bangladesh Bank figures released Thursday showed imported goods worth $15,903 million reached the country as per the...

Verdict in rotten wheat case July 18

2007-07-13 00:00:00

The judgment in the rotten wheat scam of Fatullah thana will be delivered on July 18. Judge Shamsumnnahar of the special makeshift court at Jatiya Sangsad Bhaban, trying high profile corruption suspects, set the date Thursday after closing the arguments...

President goes to S'pore for medical check-up

2007-07-13 00:00:00

President Iajuddin Ahmed will leave the city for Singapore tomorrow (Saturday) on a five-day visit. He will undergo a medical check-up at Mount Elizabeth Hospital as per previous schedule as advised by his Singaporean physicians, said a Bangabhaban handout. The...

Arguments in graft case against Alamgir July 16

2007-07-13 00:00:00

A special court of Judge Shahed Nooruddin, after concluding the testimonies of the defence witnesses and their cross-examinations, fixed July 16 for arguments, in the graft case faced by detained Awami League presidium member Mohiuddin Khan Alamgir. Alamgir, a bureaucrat-turned-politician...

Kamrul appointed High Commissioner to Singapore

2007-07-13 00:00:00

Kamrul Ahsan, currently serving as Consul General of Bangladesh in Dubai, has been appointed High Commissioner to Singapore, said an official announcement Thursday.-UNB

Biman turns into public limited company

2007-07-13 00:00:00

President Iajuddin Ahmed has approved an ordinance to convert Biman Bangladesh Airlines into a public limited company, according to a government circular, which was available Thursday, reports bdnews24.com. The law ministry Wednesday published the amended law, Bangladesh Biman Corporation (Amendment)...

CA likely to review action plans on ADP implementation in late July

2007-07-13 00:00:00

FHM Humayan Kabir Chief Adviser Fakhruddin Ahmed is likely to sit with different ministries in late July to review action plans and preparations on implementation of the annual development programme (ADP) of the new fiscal, official sources said.Sources in the...

DSE indices drop on profit taking

2007-07-13 00:00:00

FE ReportIndices on the Dhaka Stock Exchange (DSE) dropped on profit taking although the total market capitalisation maintained growth Thursday, the last trading session of the week.On the day, the total turnover declined to Tk 1.698 billion from Tk 1.956...

No progress in forming cooperatives among district-level growers as yet

2007-07-13 00:00:00

FE ReportPrices of most essential items shot up by almost 2.0 per cent to 45 per cent in the local market during last one month as a government move to establish cooperative among the district-level growers still remained at a...

ADB raises lending rates

2007-07-13 00:00:00

FE ReportAsian Development Bank (ADB), the country's major development partner, has raised its lending rates for both its US dollar and Japanese yen single currency pool-based loans. According to information received in Dhaka from the ADB's headquarters Thursday, the lending...

Nepal presents annual budget, cuts allowance for king, royal family

2007-07-13 00:00:00

KATMANDU, JULY 12 (AP) : Nepal's government presented a 169 billion rupee (US$2.6 billion; euro1.9 billion) annual budget on Thursday aimed at holding crucial elections later this year and cutting off the annual allowance for the king and royal family....

No Canadian education institution presently operates offshore campus in Bangladesh

2007-07-13 00:00:00

The High Commission of Canada in Dhaka has said no Canadian education institution presently operates an offshore campus in Bangladesh, reports UNB.The High Commission's clarification came in the wake of a recent publication of the University Grants Commi-ssion (UGC) of...

Dollar eases, call rate stable

2007-07-13 00:00:00

FE ReportThe US dollar slightly eased against the Bangladesh taka (BDT) Thursday in the inter-bank foreign exchange market influenced by limited demand for the greenback, fund managers said.The market experienced sufficient supply of dollar facilitating the taka to regain some...

Home Ministry to finalise missions, visions soon

2007-07-13 00:00:00

The Ministry of Home Affairs Thursday asked its attached offices to finalise their missions, visions and citizens charters by July 20, reports BSS.The decision was taken at a meeting with Home Secretary Mohammad Abdul Karim in the chair, an official...

CHT district councils get new chiefs

2007-07-13 00:00:00

The caretaker government Thursday appointed chairmen and members to the Chittagong Hill Tracts' three district councils, reports bdnews24.com. CHT affairs adviser Iftekhar Ahmed Chowdhury had earlier approved the 'interim' appointments of the new chairmen and members to Rangamati, Khagrachhari and...

IGP seeks early pay hike for police

2007-07-13 00:00:00

Inspector General of Police (IGP) Noor Mohammad Thursday hoped that the caretaker government would take quick step to give the police an envisaged pay rise, reports UNB.Talking to UNB and television channels at Rajarbagh Police Lines, he said the Chief...

Vietnam reports 225 corruption cases in first half

2007-07-13 00:00:00

HANOI, July 12 (Xinhua): Vietnam detected 225 corruption cases involving 482 people, and losses worth 72.7 billion Vietnamese dong (VND) (over 4.5 million U.S. dollars) in the first half of this year. Those involved include 20 policemen, one military officer,...

Minu's detention extended for 90 days

2007-07-13 00:00:00

RAJSHAHI, July 12 (BSS): The detention order of Mayor of Rajshahi City Corporation (RCC) Mijanur Rahman Minu was extended for another three months today. Court sources said police produced him before the court of a metropolitan magistrate here on his...

Magura municipality budget announced

2007-07-13 00:00:00

Our CorrespondentMAGURA, July 12: Magura Municipality has announced its budget of Tk 8,18,56,411.00 for expenditure and Tk 8,19,20,717.00 for income for the fiscal 2007-2008 recently.The present budget includes additional Tk 4,86,33,717.00 for income and Tk. 3,99,05,689.00 for expenditure.The fund of...

Pubali Bank shifts its Mokambazar branch

2007-07-13 00:00:00

FE ReportPubali Bank Limited has shifted its Mokambazar branch, Sylhet to new premises with a view to providing best and modern banking services. Chairman of the board of directors of the bank Hafiz Ahmed Majumder inaugurated the new branch as...

Seventh international confce on HRM, dev begins from July 24

2007-07-13 00:00:00

FE ReportThe 7th International Conference on Human Resource Management and Development - 2007 by Rapport Bangladesh Limited as its annual event will be held from July 24 to July 29 at Dhaka Sheraton Hot1el, said a press release. President Iajuddin...

CRISL to conduct credit ratings of Jamuna Oil, Meghna Petroleum

2007-07-13 00:00:00

FE ReportFrom now on the Credit Rating Information and Services Limited (CRISL) will conduct the credit ratings of Jamuna Oil Company Limited and Meghna Petroleum Limited.In this connection, the CRISL signed two memorands of understanding (MoUs) with the two companies...

Quality seed crisis hits Aman farming in north

2007-07-13 00:00:00

Our CorrespondentNILPHAMARI, July 12: The Aman cultivation in the country's northern region is seriously affected due to crisis of quality seeds in the local markets, sources said.According to Nilphamari seed certification office sources, less than 1.0 per cent of paddy...

Most Asian markets rise

2007-07-13 00:00:00

HONG KONG, July 12 (AP): Most Asian markets rose Thursday as Hong Kong stocks bounced back and as shares in South Korea and Indonesia hit new records. Japanese shares, however, slipped for a third day.In Tokyo, the Nikkei 225 index...

corporatewatch

2007-07-13 00:00:00

Bangladesh Services recommends 10pc cash, 5pc stock dividends The board of directors of Bangladesh Services has recommended 10 per cent cash and 5.0 per cent stock dividends for the year that ended on December 31, '06. The annual general meeting...

Funeral held for Pak religious leader

2007-07-13 00:00:00

BASTI ABDULLAH, Pakistan, Jul12 (AP): The captured chief cleric of the Red Mosque was allowed to lead funeral prayers for his slain brother Thursday, and forecast that the death of the mosque's militant defenders would push Pakistan toward an "Islamic...

Suicide bombing at military post kills 10 soldiers in Algeria

2007-07-13 00:00:00

ALGIERS, July 11 (AP): A suicide bomber blew up a refrigerator truck loaded with explosives at a military encampment outside this capital Wednesday, killing 10 soldiers and wounding 35, a security official said.Al Qaeda in Islamic Maghreb, the region's most...

Israel-Hezbollah war violations still unpunished: HRW

2007-07-13 00:00:00

WASHINGTON, July 12 (AFP): A full year after the Israel- Hezbollah war in Lebanon, violations of the laws of war have gone uninvestigated and unpunished, Human Rights Watch said Wednesday. "Both sides in this conflict violated the laws of war,...