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2007-07-15 00:00:00

Albania first country to destroy chemical arsenal THE HAGUE, July 13, 2007 (AFP): Albania has become the first country to verifiably destroy its stock of chemical weapons, the Organisation for the Prohibition of Chemical Weapons announced from its headquarters in...

Warid awards 'Everyday Everyone is a Winner' campaign winners

2007-07-15 00:00:00

FE ReportThe authorities of Warid Telecom have honoured the winners of 'Everyday Everyone is a Winner' campaign introduced for its pre-paid Zem subscribers. Chief Executive Officer (CEO) of the company Muneer Farooqui handed over gifts to the winners in two...

Greenback appears weak against BDT

2007-07-15 00:00:00

Sarwar Zahan US dollar appeared weak against Bangladesh taka (BDT) last week because of lower demand for the greenback. The exchange rate of the greenback fluctuated between Tk 68.62 and Tk 68.67 against the previous week's range between Tk 68.70...

Most Asian markets rise

2007-07-15 00:00:00

HONG KONG, July 14 (AP): Most Asian markets advanced strongly Friday, with companies like Samsung and China Mobile surging on investor optimism about their earnings potential.Sentiment was also buoyed by Wall Street's overnight rally, with shares in Hong Kong, South...

Handloom industry passing hard time

2007-07-15 00:00:00

Our CorrespondentSIRAJGANJ, July 14: The handloom industry in Sirajganj and Pabna districts, once the hub of handloom industry in the country, is passing through a trying time and facing threats of extinction due to lack of patronage, shortage of funds...

Indian shares to reach new highs

2007-07-15 00:00:00

MUMBAI, July 14 (AFP): Indian share prices may hit a fresh record next week on strong demand for global equities after the benchmark 30-share Sensex index surged past the 15,000 points level Friday, dealers said. Indian shares rose 308.6 points...

AKTEL launches Golden Call programme

2007-07-15 00:00:00

FE ReportAKTEL has launched mega campaign-'The Golden Call' in celebration of its 10th year of operations with the support of its 6.7million customers in the country, said a press release. Under this campaign, call from 0123 will shower the AKTEL...

EXIM Bank, FAS sign credit deal

2007-07-15 00:00:00

FE ReportThe Export-Import (EXIM) Bank of Bangladesh Limited has agreed a credit line facility of Tk 100 million to the Fidelity Assets and Securities (FAS) Company Limited, a non-bank financial institution.In this connection, a Pari Passu Security Sharing Agreement was...

Energizer to acquire Playtex

2007-07-15 00:00:00

ST. LOUIS, July 14 (AP): The Energizer Bunny is taking on skin care products, wet wipes and sippy cups. Energizer Holdings Inc., known for its infinitely running bunny, will buy Playtex Products Inc. for US$1.16 billion as the company expands...

Viral disease hits shrimp farming in Bagerhat

2007-07-15 00:00:00

Our CorrespondentBAGERHAT, July14: The shrimp farmers in the district are facing a severe crisis due to an outbreak of a deadly viral disease infecting the shrimps, sources said.Although the introduction of modern technology and scientific management is likely to save...

BWCCI for proper execution of BB circular on refinancing women-run SMEs

2007-07-15 00:00:00

FE reportThe Bangladesh Women Chamber of Commerce and Industry (BWCCI) has requested the government for proper execution of the Bangladesh Bank (BB) circular on refinancing small and medium enterprises (SMEs) run by women. It also urged the government to increase...

Bangladesh Brand Forum launches 'Marketers Meet'

2007-07-15 00:00:00

FE Report Bangladesh Brand Forum (BBF) launched 'Marketers' Meet' in an informal knowledge exchange session at the auditorium of IBA (Institute of Business Administration), the University of Dhaka, Saturday, said a press release.The Marketers' Meet, which will take place quarterly,...

Rise in cross-border smuggling

2007-07-15 00:00:00

Our Correspondent BRAHMANBARIA, July 14: The government is being deprived of a large amount of revenue due to rise in cross-border smuggling in the district, sources said. As the Indian smuggled goods have flooded the local markets, sales of the...

Farman Chy made ONE Bank MD

2007-07-15 00:00:00

FE ReportFarman R Chowdhury has taken over the charge of managing director of ONE Bank Limited recently. Prior to this office, he was the deputy managing director and head of marketing of the same bank.He joined the bank at its...

Square Pharma gets gold medal from Ceylon chamber

2007-07-15 00:00:00

FE ReportSquare Pharmaceuticals Ltd, a leading pharmaceutical company in Bangladesh, has been awarded gold medal as an "Achiever of Industrial Excellence" from amongst the SAARC countries for the year 2007 by Ceylon National Chamber of Industries (CNCI).This award was given...

Double whammy

2007-07-15 00:00:00

FOR quite sometime, the common people have been complaining about a repressive price situation. No government measure aimed at easing the situation has been successful until now. Even full exemption of duty and intervention in marketing by government agencies are...

What consequences if gas, power prices rise again?

2007-07-15 00:00:00

Shahiduzzaman KhanTHE development partners are pressing the government again to raise the prices of natural gas, electricity, fertiliser and petroleum products. In line with their recommendations, the interim caretaker government has also taken a move to increase the natural gas...

Expanding Franco-Bangladesh bilateral relations

2007-07-15 00:00:00

Khan Ferdousour RahmanFRANCE was among the first to recognise the independence of Bangladesh after December 16, 1971 and appointed its ambassador in Dhaka in 1972. Bangladesh can proudly recall the direct support of the eminent French intellectual and former French...

Acquiring the vital competitiveness

2007-07-15 00:00:00

Abdus SubhanMARKET studies or research to establish demand pattern of products are essential preconditions for the establishment of industries. Private sector can initiate their own such research. The government can also play a valuable role in this regard by collecting...

Government's borrowings and deficit financing

2007-07-15 00:00:00

THE government can reasonably spend out of borrowings from the financial system if such borrowings are spent on productive activities and the level of the borrowings also remains within safe limits. In that case, such borrowings and their spending can...

Redundant educational system

2007-07-15 00:00:00

A national daily reported sometime ago that madrashas (religious schools) are being favoured over regular or mainstream educational institutions in the allocation of government funds. Clearly, this is not desirable. Madrasha education under the present institutional practices does mainly produces...

Bangladesh-India train service

2007-07-15 00:00:00

IT is noteworthy that the bilateral relationship between Bangladesh and India has been gaining a new momentum. The resumption of train services between the two neighbouring countries after long 36 years is particularly a very welcome development. The trial-run of...

Private universities must offer quality education

2007-07-15 00:00:00

Fakhrul IslamTHEgrowth of private universities in Bangladesh has been phenomenal in recent years. Any visitor to the Dhaka city will, undoubtedly, be surprised and also encouraged to see so many sign/billboards of private universities at different significant locations of the...

Swapping scalpel for healthcare consulting

2007-07-15 00:00:00

Rebecca Knight ROBERT Huckman has spent a good portion of his career working to improve medical care in the US. As a consultant in the private sector, he advised healthcare companies on their merger and acquisition strategies. And as an...

NUB attracting students for good teaching and facilities

2007-07-15 00:00:00

FE SpecialSCARCITY of public universities, session jams, polluted student politics and the unhealthy situation in the country's educational institutions draw attention of students, guardians and authorities concerned to come forward and join the private universities.Talking to journalists, Northern University Bangla-desh...

Items welcome for the Education page

2007-07-15 00:00:00

Contributions are welcome for the FE Educaton page that apperas every Sunday. The page is for students, teachers and guardians aiming to benefit them with the latest information and thoughts. Send your essays, poems, stories, jokes, drawings today.

IDB to provide Bangladesh $3m to set up NFC

2007-07-15 00:00:00

Islamic Development Bank (IDB) has agreed to provide Bangladesh $3 million for setting up a National Fistula Centre (NFC) at Dhaka Medical College and Hospital (DMCH) for the treatment of fistula patients, reports BSS.A Skilled Birth Attendant (SBA) Training Institute...

BTRC chief vows to bring dynamism in service

2007-07-15 00:00:00

Bangladesh Telecommuni-cation Regulatory Commission (BTRC) now works on Saturdays to clear backlogs while the authorities have also provisioned extra allowances to stimulate its underpaid workforce, reports bdnews24.com."We have been working extended hours. Yet we cannot catch up," Chairman Manzurul Alam...

Low over north Bay moves slightly northwestwards

2007-07-15 00:00:00

The low over north Bay and adjoining area moved slightly northwestwards, intensified into a well-marked low and is lying over north-west Bay and adjoining area Saturday morning, reports UNB. "It is likely to intensify further and move in a northwesterly...

Farmers lay siege to agri office for fertiliser

2007-07-15 00:00:00

BHOLA, July 14 (UNB): Hundreds of farmers Thursday besieged the district's Monpura Island Upazila agricultural office demanding urea fertiliser.Farmers said they need 275 tonnes of urea fertiliser for the current month but so far they did not get any allotment...