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Bata introduces 350 new designs of shoes for Eid

2008-09-03 00:00:00

FE ReportbrLogistic and Manufacturing Manager of Bata Shoe Company (BD) Ltd Kym Bradley introduced new 350 designs for Eid-ul-Fitr collections in the city Monday. brChief Financial Officer of the company Cesar Panduro, Marketing Manager MA Quader, Advertising and Promotion Manager...

Quality coarse yarn can be produced from Dhanicha

2008-09-03 00:00:00

FE ReportbrThe fibre of Dhanicha (scientific name Fussbnia Rostata); a jute-like crop commonly grown on the fallow lands during the rainy season all over the country can be made to produce industrial quality coarse yarn.brThis Dhanicha yarn -- widely resembling...

Talks to bring iPhone to China in final stage

2008-09-03 00:00:00

SHANGHAI, Sept 2, (AFP) China Mobile, the country's largest handset operator, is in the final stages of talks with Apple to launch the iPhone in China, the world's largest mobile phone market, state media reported today.

EBL, 7 other instts provide Tk 3.52b loan

2008-09-03 00:00:00

FE ReportbrEastern Bank Ltd (EBL), along with seven other leading financial institutions of the country, has signed a Paripassu Security Sharing Agreement with Malek Spinning Mills Ltd for an amount of Tk 3.52 billion (Tk 352.00 crore). brOf the total...

HSBC opens customer service center in Sylhet

2008-09-03 00:00:00

The Hongkong and Shanghai Banking Corporation (HSBC) Limited in Bangladesh formally opened a customer service centre (CSC) in the Upashahar area of Sylhet recently, says a press release.brChief Executive Officer of HSBC Bangladesh Sanjay Prakash inaugurated the CSC through a...

Body formed to reduce IPO processing time

2008-09-03 00:00:00

FE ReportbrThe Securities and Exchange Commission (SEC) Tuesday formed a 10-member committee aiming at reducing the time of the IPO (initial public offering) processing.brThe committee was asked to submit its recommendations by September 25 next.br Headed by SEC member Mansur...

Pubali Bank holds seminar on Foreign Trade, forex

2008-09-03 00:00:00

FE ReportbrA seminar on 'Foreign Trade and Foreign Exchange' was held at the head office of Pubali Bank recently.brPubali Bank Training Institute organised the seminar, said a press release. Managing Director (MD) of Pubali Bank Ltd Helal Ahmed Chowdhury was...

BB gives $65m to SCB to settle fuel import bill

2008-09-03 00:00:00

FE Report brThe central bank has provided overdraft (OD) facilities for US$65 million to a state-owned commercial bank (SCB) for settlement of its fuel oil, food grains and fertiliser import bills, officials said. brWe have provided the facility to the...

Warid offers 20 per cent bonus talk-time on first recharge

2008-09-03 00:00:00

Warid Telecom is offering 20 per cent special bonus talk-time for its Zem prepaid customers who will recharge their account first time after purchase of the connection.brThe Zem subscribers can top-up their accounts via E'ZEE Load and scratch card to...

Int'l Leasing's brokerage house begins journey

2008-09-03 00:00:00

International Leasing Securities Limited (ILSL), a fully owned subsidiary company of International Leasing and Financial Services Ltd (ILFSL) began its journey Sunday as a full-fledged brokerage house, says a press release.br It was inaugurated by Chief Executive Officer of Dhaka...

Four more Berger outlets in Ctg

2008-09-03 00:00:00

A total of four Berger ColorBank outlets were inaugurated in Chittagong recently, says a press release.brManaging Director (MD) of Berger Paints (BD) Ltd Ms Rupali Chowdhury inaugurated the four outlets, namely Uncommon Hardware at Hathazari, Tohid & Brothers at Fatikchhari,...

Raising of Thai-Bangla trade stressed

2008-09-03 00:00:00

FE ReportbrBusiness leaders of both Thailand and Bangladesh laid emphasis on increasing bilateral trade between the two countries to the tune of 1.0 billion US dollars within three years.brThe Royal Thai Embassy in Dhaka organised a seminar on 'Trading with...

Call rate rises, dollar stable

2008-09-03 00:00:00

FE Report brThe inter-bank call money rate marked slight rise Tuesday despite injection of excess cash into the market. The US dollar, however, maintained stable tone against Bangladesh taka (BDT) in the inter-bank foreign exchange market due to steady supply...

AB Bank arranges Tk 920m term loan for Venture Energy Resources

2008-09-03 00:00:00

AB Bank Limited has arranged a syndicated term loan of Tk 920 million for Venture Energy Resources Limited to set up a power plant at Bhola, which will sell 34.50 MW electricity to Bangladesh Power Development Board. brIn this connection,...

Sonali Bank holds borrowers' meet in Ctg

2008-09-03 00:00:00

FE ReportbrSonali Bank Ltd, the largest state owned commercial bank of the country, is observing Loan Recovery Fortnight.brOn the occasion a borrowers' meeting for exchange of views was held at its corporate branch at KC Dey Road in Chittagong recently....

Shariful Islam joins DSE as COO

2008-09-03 00:00:00

FE ReportbrMr. AFM Shariful Islam joined Dhaka Stock Exchange (DSE) Limited as Chief Operating Officer (COO) Tuesday.brPrior to joining DSE, Mr. Islam worked as Executive Vice President and Head of Credit Administration of Southeast Bank Ltd. Having 21 years experience...

Senior Unilever leaders visit Bangladesh

2008-09-03 00:00:00

FE ReportbrGroup Vice President (GVP) South Asia and CEO Hindustan Unilever Limited (HUL), Nitin Paranjpe recently visited Bangladesh on a two-day trip to see the Unilever Bangladesh business, said a press release.brVice Chairman & CFO of HUL and the Finance...

Prime Bank opens its 65th branch at Dinajpur

2008-09-03 00:00:00

Prime Bank Limited has opened its 65th branch at Dinajpur.brDirector of the bank Saheda Pervin Trisha inaugurated the branch as the chief guest recently, while former director Md Shahadat Hossain was the special guest, said a press release. brIn this...

corporatewatch

2008-09-03 00:00:00

Resumption of tradingbrNormal trading of the shares of Mutual Trust Bank Limited (MTBL) will resume today (Wednesday) after record date and there will be no price limit on the trading of the shares of the bank on the day.brWithdrawal of...

Emergency declared in Thai capital after clashes

2008-09-03 00:00:00

BANGKOK, Sept 2 (AFP) Thailand's prime minister declared a state of emergency in the capital Tuesday after thousands of his opponents and supporters clashed in the worst street violence here in more than a decade.brOne person was killed and 44...

Disease warnings in flood-hit India, Nepal

2008-09-03 00:00:00

SAHARSA, (India), Sept 2 (AFP) Hundreds of thousands of flood victims huddled into makeshift camps in India and Nepal face major disease outbreaks if help fails to reach them quickly, aid workers warned Tuesday.brThey said several camps in India's northern...

Palin rebuts rumours, says daughter pregnant

2008-09-03 00:00:00

ST. PAUL, Sept2 (Reuters) The 17-year-old unmarried daughter of Republican vice presidential candidate Sarah Palin is pregnant, Palin said Monday in an announcement intended to knock down rumors by liberal bloggers that Palin faked her own pregnancy to cover up...

Russian newspapers hail 'victory' after EU summit

2008-09-03 00:00:00

MOSCOW, Sept 2 (AFP) Russian newspapers Tuesday hailed a victory for Moscow after the European Union froze talks on closer ties until Russian troops withdraw from Georgia but stopped short of imposing economic sanctions.brEurope Can Keep Sucking Our Oil and...

news digest

2008-09-03 00:00:00

Sri Lankan troops capture key brTamil Tiger town brCOLOMBO, Sept 2 Sri Lankan government forces have captured the key town and Tamil Tiger bastion of Mallavi in the rebel-held north of the island, the defence ministry announced Tuesday. Security forces...

Govt to take stern action to stop extortion in transport sector

2008-09-03 00:00:00

The government will take stern action to prevent acts of violence and extortion in the country's transport sector and at terminals during the holy Ramadan, as thugs usually go for toll business ahead of Eid festivals, reports UNB. brDeciding for...

Malaysia to hold single country edn fair in Dhaka, Ctg

2008-09-03 00:00:00

Malaysia is going to hold week-long single-country education fairs in Dhaka and Chittagong from October 10.brMalaysian High Commi-ssioner in Bangladesh Dato Abdul Malek Bin Abdul Aziz discussed the fair programme during a courtesy call on Adviser for Commerce and Education...

President condoles death of Qamrul Islam Siddiqui

2008-09-03 00:00:00

President Iajuddin Ahmed expressed his deep shock at the death of former secretary and ex LGRD chief engineer Qamrul Islam Siddiqui, reports UNB.brMentioning Qamrul Islam's rich working life, the President, in a condolence message Tuesday, said people would ever remember...

Playwright Zia Haider dead

2008-09-03 00:00:00

Playwright, poet and former teacher of Chittagong University Zia Haider died of cancer at City Hospital Tuesday morning. He was 72, his younger brother said. brMy brother died at around 745 am, Zahid Haider told bdnews24.com. brHe would be laid...

Birth anniversary of Abul Mansur Ahmad today

2008-09-03 00:00:00

FE Report brThe 110th birth anniversary of Abul Mansur Ahmad, a renowned litterateur, journalist and statesman of the sub-continent, will be observed today (Wednesday).brIn this connection, a doa mahfil will be held in Dhaka and Mymensingh. And prayers will be...

Tigers to play against Australia today

2008-09-03 00:00:00

Touring Bangladesh will play their 2nd match of the three-match Commonwealth Bank ODI series against world champions Australia today (Wednesday) at the TIO Stadium in Darwin with a hope to lift their confidence devastated with their batting debacle in the...