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CityCell launches high-speed wireless internet service

2007-07-19 00:00:00

DU CorrespondentCellular phone operator CityCell Wednesday formally launched its newly developed high-speed wireless internet service named 'mycitycell ZOOM'.From now on the CityCell customers can enjoy premium internet service within the company's extensive network across the country's 61 districts.Terming the service...

Importer fined Tk 0.2m

2007-07-19 00:00:00

Our CorrespondentCHITTAGONG, July 18: A Dhaka-based importer organisation named Evergreen International was fined Tk 0.2 million yesterday on charge of importing goods under false declaration.Besides that, extra duties worth over Tk 0.6 million were also realised from the said organisation.According...

United Ins earns Tk 10.53m pre-tax profit

2007-07-19 00:00:00

FE ReportUnited Insurance Company Limited has earned a pre-tax profit of Tk 10.53 million (1.053 crore) in the first half of this year compared to Tk 11.92 million during the corresponding period of the last year.This was disclosed at the...

Janata Bank task force meeting held

2007-07-19 00:00:00

FE ReportA task force meeting was held at the head office of Janata Bank in the city Sunday, said a press release.Managing Director of Janata Bank Md Mukter Hussain presided over the meeting.The review of the recovery of non-performing loans...

BRAC Bank, Q-Cash team up to provide ATM, POS network facilities to banks

2007-07-19 00:00:00

FE ReportBRAC Bank Ltd and IT Consultants Ltd's (ITCL) 'Q-Cash' have signed recently a memorandum of understanding (MoU) to form an association of member institutions which will provide shared ATM and POS network facilities to banks through a neutral switch,...

Human miseries due to river erosion

2007-07-19 00:00:00

MASSIVE river erosion at the on-set of the monsoon has robbed the happiness of thousands of affected and threatened people in many areas along the banks of some of the major rivers including the Padma and the Jamuna. Every year...

Energy planning from A to Z

2007-07-19 00:00:00

Enayet RasulImproved energy planning at the soonest is proving to be more and more an absolute imperative for Bangladesh in the backdrop of its growing energy needs to expand its economy, fast and mindless depletion of its main energy source,...

Impact of China inflation spurs concern

2007-07-19 00:00:00

Richard McGregorLIKE tens of millions of shoppers across China, Zhou Benqi has had to change her buying habits to cope with sharply rising prices of pork and eggs, staple foods for any Chinese family."Because of price hikes, an ordinary meal...

Simple solution but still uncontrollable

2007-07-19 00:00:00

Rahela RahmanA SIMPLE solution -- a mixture of a certain quantity of water, salt and sugar -- could save hundreds of babies from the waterborne disease -- "diarrhoea". Despite the availability of these ingredients even in the remote areas, it...

Inadequate population control programmes

2007-07-19 00:00:00

RECENTLY the World Population Day was observed in our country like elsewhere of the globe. Being a populous country, we have given special attention to the observance of the day than many other countries. As the day's significance in Bangladesh...

Strengthening general insurance sector

2007-07-19 00:00:00

RECENT newspaper reports found not declining conditions on the whole in the insurance business but the same noted that growth in the life insurance sector is significantly higher than that of the general insurance one. It should not be proper...

Inflation must not take wings

2007-07-19 00:00:00

IT has become imperative for the interim government to start giving high priority to inflation management. But the policies to be operated in this respect should leave ample room for meeting the genuine needs of finance for entrepreneurial activities. The...

BASF maintains top position in world's chemical market

2007-07-19 00:00:00

FE Report BASF has maintained its No.1 position in the World's chemicals market with sales figure of US$ 66 billion in 2006, according to a recent publication of FORTUNE Global 500.The annual publication of the US-based Fortune magazine ranks world's...

DU identifies 17 'fake' students

2007-07-19 00:00:00

DU CorrespondentThe probe body has once again identified seventeen 'fake' students at different departments of Dhaka University bringing the total to 205 since the drive was started against fake admission.Out of the newly spotted 17 illegal students, seven are from...

Special committee on hill-cutting to start its work

2007-07-19 00:00:00

Our CorrespondentCHITTAGONG, July 18 : The Special Committee on environment and hill-cutting has started its work and reported to have discussed the existing laws relating to hill-cutting and the environment in its first meeting.The committee has been formed to make...

Journalist loses belongings in Parjatan motel

2007-07-19 00:00:00

RANGPUR, July 18 (UNB): Thieves looted cash and valuables of a journalist from Motel of Bangladesh Parjatan Corporation Sunday.Sources said a 5-member team of journalists from the News Network's Dhaka office went to Rangpur Saturday. They were lodged with the...

BPA's AGM today

2007-07-19 00:00:00

The 22nd annual general meeting (AGM) of Bangladesh Photographic Association (BPA) will be held today (Thursday) at 11:00 am at the Hotel Orchard Plaza at Nayapaltan in the city, said a press release.

NAV of ICB AMCL 1st NRB Mutual Fund

2007-07-19 00:00:00

The total net asset value (NAV) of ICB AMCL First NRB Mutual Fund stood at Tk 10,51,63,255.52 on the basis of cost price and Tk 11,27,61,384.08 on the basis of market price at the close of business operation on June...

Oil prices higher in Asian trade

2007-07-19 00:00:00

SINGAPORE, July 18 (AFP): Oil prices were higher in Asian trade today with the market focussed on the release of the weekly US energy inventory data later in the day, dealers said. New York's main contract, light sweet crude for...

Cheer over Indian drinks duty cut may be short-lived

2007-07-19 00:00:00

NEW DELHI, July 18 (AFP): Cheer over India's move to axe extra duties on alcohol imports may be short-lived as levies by various Indian states could push the price of foreign wines and spirits to new highs, industry officials say....

Textile sector backbone of industry, says Pak PM

2007-07-19 00:00:00

ISLAMABAD, Jul 18 (APP): Prime Minister Shaukat Aziz yesterday said the government is taking a number of steps to help the country's textile industry improve its position in the global trade and to avail opportunities of the quota free environment....

Dollar slumps to fresh lows against euro, pound

2007-07-19 00:00:00

TOKYO, July 18 (AFP): The dollar buckled today to a record low against the euro and a 26-year trough against the pound on growing fears about the economic fallout of problems in the US housing market, dealers said. They said...

Good liquoring dusts get a good market

2007-07-19 00:00:00

FE Report The large quantity on offer was absorbed at slightly higher rates particularly the neat Brokens owing to quite strong demand from all sections of the market. Pakistan buyers were a little more active whilst Blenders/Packeteers lent strong support....

Gulf firms to build 'energy city' in China

2007-07-19 00:00:00

MANAMA, July 18 (AFP): Two Gulf investment institutions said yesterday they would pump up to five billion dollars into developing an "energy city" in China, a major importer of oil from the region. Bahrain-based Gulf Finance House, an Islamic investment...

UAE considers introducing anti-tobacco law

2007-07-19 00:00:00

ABU DHABI, July 18 (Xinhua): A senior official of the United Arab Emirates (UAE) said the government is considering the introduction of an anti- tobacco law to prevent smoking from spreading in the country, local newspaper Khaleej Times reported yesterday....

Farashganj play to 1-1 draw with Rahmatganj

2007-07-19 00:00:00

Two mediocre metropolis clubs Farashganj SC and Rahmatganj MFS split points playing to a 1-1 draw in the day's lone B League match at the Bangabandhu National Stadium (BNS) in the city Wednesday, reports UNB.With this tame draw, Farashganj SC...

Fergie hits back at critics of Man Utd Asian tour

2007-07-19 00:00:00

TOKYO, Jul 18 (AFP): Sir Alex Ferguson has hit back at critics of Manchester United's four-game Asian tour, denying the English club merely serve their own interests when they jet out for lucrative visits.United were forced to cancel a game...

Bangladesh beat Sri Lanka Invitaion XI by three wickets, Aftab Ahmed hit unbeaten 91

2007-07-19 00:00:00

Ahead of the three-match ODI series against Sri Lanka, Bangladesh national cricket team earned a morale boosting three-wicket victory against Sri Lanka Invitation Eleven in the only one-day practice match at the Police Park ground in Colombo Wednesday, reports UNB.This...

England prepares for 3-test series against India

2007-07-19 00:00:00

LONDON, Jul 18 (AP): England faces its first serious test challenge since its disastrous Ashes defence when it starts the first of three matches against India Thursday.While England's one-day form has remained poor, the test team rebounded from the completion...

Tevez, West Ham take dispute to FIFA

2007-07-19 00:00:00

SEOUL, Jul 18 (AFP): Carlos Tevez is to plead with FIFA to be allowed to join Manchester United after seeing his 30 million pound move tied up in red tape that could wreck his hopes of starting the season at...