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Prime Bank holds awareness workshop for investors

2008-09-19 00:00:00

Merchant Bank and Investment Division of Prime Bank Ltd organised an awareness workshop for investors recently, said a press release. Managing Director M Ehsanul Haque and DMD of the bank Syed Mahbubur Rahman gave welcome speeches. Executive Director (Surveillance and...

Thrust on exploring IT market in Africa

2008-09-19 00:00:00

Bangladesh ambassador-designate to Morocco Mosud Mannan called on Bangladesh Association of Software and Information Services (BASIS) president Habibullah N Karim recently. Vice-president of BASIS Shameem Ahsan, Secretary General Nahid Ahmad, Secretary M Nurul Amin and Programme Manager Hashim Ahmed were...

Euro stocks up

2008-09-19 00:00:00

FRANKFURT, Sept 18 (AP): European stocks halted three days of losses in early afternoon trading Thursday, rising slightly after a concerted effort by central banks to pump billions more US dollars into troubled money markets and limit the global financial...

Asia stock markets drop sharply

2008-09-19 00:00:00

HONG KONG, Sept 18 (AFP): Asian stock markets dropped sharply again Thursday as the global financial crisis deepened on reports of trouble at more US banks, including Wall Street powerhouse Morgan Stanley.Markets across the region fell hard in early trade,...

corporatewatch

2008-09-19 00:00:00

ICB sales 86,35,700 shares of TitasAs reported by the selling agent ICB, a total of 86,35,700 shares of Titas Gas Transmission and Distribution Company Limited were sold up to Thursday (September 18) out of 2,14,11,728 shares.Degradation of sharesThe shares of...

AKTEL receives business performance award

2008-09-19 00:00:00

FE ReportAKTEL, one of the largest cellular phone operators in the country has received 'The Weekly Financial Mirror - Robintex Business Performance Award 2007-08' for its best network, corporate social responsibility and sustained cellular telephony service. A function was held...

TBWA Worldwide becomes Visa Inc. global agency

2008-09-19 00:00:00

Visa Inc. has appointed TBWA Worldwide, an Omnicom communications company, its global lead strategic and creative agency following a thorough review of Visa's incumbent agencies. The appointment will come into effect from January 1, 2009, said a press release.Speaking on...

Unilever to get new chief executive

2008-09-19 00:00:00

The board of Unilever mulls to appoint Mr Paul Polman (52), currently executive vice president and zone director for the Americas at Nestlé SA, as Group chief executive to succeed Patrick Cescau.Mr Patrick served the business for 35 years and...

US Fed, ECB won't cut rates this year to calm wild markets

2008-09-19 00:00:00

LONDON, Sept 18 (Reuters): The US Federal Reserve and the European Central Bank (ECB) will not cut interest rates this year to calm wild markets but may be forced to engineer rescues for more ailing financial institutions, a poll showed.The...

US current account deficit rises in Q2

2008-09-19 00:00:00

WASHINGTON, Sept 18 (AFP): The US current account deficit widened to 183.1 billion dollars in the second quarter of 2008, from a downwardly revised 175.6 billion dollars in the first quarter, the commerce department said yesterday. The deficit rose due...

Oracle OpenWorld San Francisco begins September 21

2008-09-19 00:00:00

FE ReportNew sustainability-focused conference programme will help customers and partners attending Oracle OpenWorld® San Francisco 2008 "green" their businesses, address compliance and sustainability issues, and showcase best business practices that help companies minimize their environmental impact.The Oracle OpenWorld Green Programme...

WTO meets on Russia accession bid

2008-09-19 00:00:00

GENEVA, Sept 18 (AFP): The World Trade Organisation (WTO) meets today on Russia's long running bid for membership, with the talks likely to be difficult after its Georgian intervention stoked tensions with the West, analysts and diplomats said. Officially, the...

EU members reject duties on Chinese, Vietnamese shoes

2008-09-19 00:00:00

BRUSSELS, Sept 18 (AFP): EU member states dealt a setback yesterday to plans to extend anti-dumping duties on Chinese and Vietnamese-made leather shoes, an official and a diplomat said. In a non-binding decision, member states rejected the proposal from the...

India govt clears 12 FDI proposals worth Rs14b

2008-09-19 00:00:00

NEW DELHI, Sept 18 (PTI): The government yesterday cleared 12 proposals, including National Housing Bank's (NHB) Rs 5.70 billion plan, which will bring over Rs 14 billion of foreign direct investment (FDI) into the country. The proposals, cleared by Finance...

Oil trades in narrow range

2008-09-19 00:00:00

SINGAPORE, Sept 18 (AFP): Crude oil prices traded in a narrow range today in Asia after rebounding several dollars on the US government's bailout of insurance giant American International Group (AIG), dealers said. New York's main contract, light sweet crude...

Nepal to earmark $81m for agriculture

2008-09-19 00:00:00

KATHMANDU, Sept. 18 (Xinhua): The Nepali government has proposed to earmark around 6 billion Nepali rupees (some 81 million U.S. dollars) for the Ministry of Agriculture and Cooperatives for the current fiscal year, most of which will be spent on...

Indian restaurant fined for hiring illegal workers

2008-09-19 00:00:00

LONDON, Sept 18 (PTI): An Indian restaurant in the Welsh town of Britain has been fined 10,000 pounds for employing illegal immigrant workers. During a recent raid, two Bangladeshi men, aged 26 and 28, were found to be working illegally...

Dusts command firm rates

2008-09-19 00:00:00

FE ReportDemand was good, although strong competition seen for the best liquoring types was not as forceful as in the last sale owing to which there was slight easing of the higher valued teas. Apart from that, all other varieties...

PMP fund sought for repairing Bhola-charfashion highway

2008-09-19 00:00:00

A CorrespondentBHOLA, Sept 18: Out of 68 kilometres of Bhola-charfashion highway, about 52 kilometres turned dangerous to ply due to enormous ditches as like ponds and canals have been excavated along the road. Divers of buses and trucks lose their...

Bashar shocked at ten-year ban

2008-09-19 00:00:00

Habibul Bashar, the former Bangladesh captain and one of 13 'rebel' players slapped with a ten-year ban for joining the Indian Cricket League (ICL), has reacted to his country's board's decision with shock, reports Cricinfo. "It is really unexpected. The...

Bangladesh upbeat despite exodus as NZ loom

2008-09-19 00:00:00

Bangladesh are confident the exodus of players to the unofficial Indian Cricket League (ICL) would not cripple the national team in next month's home series against New Zealand, a cricket official said Thursday, reports Reuters.Former Bangladesh captain Habibul Bashar and...

Six divisional squads for nat’l cricket league announced

2008-09-19 00:00:00

Bangladesh Cricket Board Thursday announced six 20-member divisional cricket teams for the 10th National Cricket League 2008-09 scheduled to begin on October 10, reports UNB.The league will be held in the same format as played in the previous season.The divisional...

Dhaka MSC blank Arambagh KS

2008-09-19 00:00:00

Dhaka Mohammedan Sporting Club (MSC) returned to winning ways in the Citycell 2nd B League beating Arambagh Krira Sangha Sporting Club by 3-0 goals at the Bangabandhu National Stadium (BNS) in the city Thursday, reports UNB.This was the first win...

Sadharan Bima win over Prantik KC

2008-09-19 00:00:00

A Momin hattrick guided Sadharan Bima KS to a hard-fought 3-2 goals win over Prantik KC in a match of the Second Division Football League at Banani Army Stadium in the city Thursday, reports UNB.Momin scored three goals for his...

Seminar on anti-doping held

2008-09-19 00:00:00

A seminar titled 'Medical Care and Anti-Doping Awareness Programme', jointly organised by Medical and Anti-Doping Committee (MADC) of Bangladesh Olympic Association (BOA), was held at the National Sports Council (NSC) in the city Thursday, reports UNB.BOA Secretary General Kutubuddin Ahmed...

SL Academy take 143-run lead over BCB Academy

2008-09-19 00:00:00

Hosts Sri Lanka Academy team took an overall 143-run lead over touring GP-BCB National Cricket Academy on the third day of the 2nd four-day match at Premadasa Stadium in Colombo Thursday, reports UNB.Replying to Sri Lanka Academy's first innings total...

Tendulkar says racism row won't mar Australia tour

2008-09-19 00:00:00

MUMBAI, Sep 18 (Reuters): Sachin Tendulkar is confident that the racism row that marred India's tour of Australia in January will not cast a shadow on next month's test series against the world's top-ranked team."I don't think there is any...

Ivanovic crashes out of Pan Pacific tennis Open

2008-09-19 00:00:00

TOKYO, Sept 18 (AFP): Former world number one Ana Ivanovic crashed out of the Pan Pacific Open Thursday but top seed Jelena Jankovic and Beijing Olympic gold medallist Elena Dementieva marched on.Ivanovic, the second seed who reached the top of...

HC stays for 3 months trial proceedings of Mig-29 graft case against Hasina

2008-09-19 00:00:00

The High Court (HC) Thursday stayed for three months the trial-court proceedings on the long-pending Mig-29 warplane purchase graft case against former Prime Minister Sheikh Hasina, now abroad on parole, reports UNB.Passing the order of stay, upon a writ petition...

3 teachers among 11 Hijbut Tahrir men held in Rajshahi

2008-09-19 00:00:00

RAJSHAHI, Sept 18 (UNB): Eleven leaders and workers of the Islamic outfit Hijbut Tahrir, including three Rajshahi University (RU) teachers, were arrested at Sonadighi crossing in the north-western city Thursday ahead of their pre-announced press conference.Police said they arrested the...