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DBBL, Southeast Bank sign ATM sharing deal

2007-07-11 00:00:00

FE ReportDutch-Bangla Bank Limited (DBBL) has signed an ATM sharing agreement with Southeast Bank Limited (SEBL) at a simple ceremony held in the city Tuesday.Under the agreement, SEBL customers will be able to withdraw money from the ATM booths of...

Call for task force to evaluate accounting profession's need

2007-07-11 00:00:00

FE Report President of the Institute of Chartered Accountants of Bangladesh (ICAB) M Farhad Hussain has asked the government to form a task force to evaluate the necessity, objectives, framework, functioning modalities and appropriateness of the accounting profession contained in...

corporatewatch

2007-07-11 00:00:00

Standard Bank gets SEC consent for issuance of right shares Standard Bank Ltd has got SEC consent for issuance of 65,57,760 right shares amounting to Tk. 65,57,76,000.00 on the basis of one right share for two existing shares at an...

Army takes massive tree plantation programme

2007-07-11 00:00:00

Bangladesh army has undertaken a massive programme to make the National Tree Plantation Campaign-2007 a success.Army Quarter Master General Md Jahangir Alam Choudhury formally inaugurated the tree plantation campaign by planting an Amropali sapling beside army central mosque in the...

Changes in land acquisition policy to resettle displaced people: Mainul

2007-07-11 00:00:00

The caretaker government (CG) is planning to bring massive changes in the present land acquisition policy and law with a view to ensuring resettlement of the displaced people, reports UNB. Disclosing this Tuesday, Adviser for Law, Information and Land Mainul...

Expatriate among bus passengers robbed of cash, valuables

2007-07-11 00:00:00

SYLHET, July 10 (UNB): Passengers of a bus, including an expatriate living in the United Kingdom, lost their cash and valuables as highwaymen swooped on the night coach at Shibpur in Narsingdi on the Dhaka-Sylhet highway Monday night.Witnesses said eight...

The Aga Khan completes 50 yrs as Imam

2007-07-11 00:00:00

GOUVIEUX (France), July 10: His Highness the Aga Khan will complete his 50th year as the Imam of the Ismaili community today (Wednesday). Fifty years ago, at the age of 20, the Aga Khan succeeded his grandfather, Sir Sultan Mahomed...

Sexagenarian woman crushed in Comilla

2007-07-11 00:00:00

COMILLA, July 10 (UNB): A sexagenarian woman was crushed under the wheels of a train at the Shashangachha rail crossing in the district town Tuesday morning.The deceased was identified as Hajera Khatun (60) of Gunanandi village of Sadar Upazila.Sources said...

Rejoinder

2007-07-11 00:00:00

Cox's Bazar-based Seagull Hotels Ltd contradicted a UNB news item published on front page in Tuesday's issue of The Financial Express (FE) under the headline 'Cox's Bazar hotel evades Tk 100m tax.'In a rejoinder, Seagull Hotels' Public Relations Adviser Kazal...

President for proper curricula to cope with challenges of new millennium

2007-07-11 00:00:00

The authorities of private and public universities have been urged to introduce appropriate curricula suiting the needs of the society so that the students can face the challenges of the new millennium.President Iajuddin Ahmed made the appeal while addressing the...

Cases against Alamgir, Manjur, Huda

2007-07-11 00:00:00

The prosecutor of Anti-corruption Commission (ACC) Tuesday cross-examined the testimonies of three defence witnesses of detained Awami League (AL) presidium member Mohiuddin Khan Alamgir in a graft case, reports UNB. Such cross-examinations of defence witnesses for justifying the innocence of...

BNP reformists refute Khaleda's allegations

2007-07-11 00:00:00

Joint Secretary General of the BNP Ashraf Hossain said Tuesday that BNP Chairperson Khaleda Zia's absolute power had harmed the interest of the party and the country as well, reports UNB.Talking to reporters at party's Secretary General Abdul Mannan Bhuiyan's...

BSF kill Bangladeshi cattle trader

2007-07-11 00:00:00

JOYPURHAT, July 10 (UNB): A Bangladeshi cattle trader was shot dead by the Indian Border Security Force (BSF) on Hatkhola frontier in Panchbibi Upazila here Monday midnight.The dead was identified as Shahidul (25), son of Abbasuddin of Nandail village.The Bangladesh...

Morshed Khan, son, wives submit wealth statements

2007-07-11 00:00:00

Former foreign minister M Morshed Khan and his son Faisal Morshed Khan, and their wives submitted their wealth statements to the Anti-corruption Commission (ACC) through their lawyers Tuesday, reports BSS. The ACC served notices on them on June 21 asking...

Tigers vow to avert whitewash

2007-07-11 00:00:00

Sri Lanka will go for a 3-0 whitewash of the Test series against Bangladesh in the third and final Test starting today (Wednesday) at Kandy's Asgiriya International Stadium. "That's the only way to look at it. We've played some good...

Tasnova emerges champ in girls' singles

2007-07-11 00:00:00

Tasnova Shaheed of National Tennis Complex emerged champion in the girls' singles (16-year age group) of the Dhaka Open Tennis Competition, beating top seed Kibria Ayta Zaman Bhabna by 0-6, 6-2, 6-3 sets at the National Tennis Complex in the...

Abahani take on Brothers today

2007-07-11 00:00:00

Title aspirants Abahani Limited face giants Brothers Union Club today (Wednesday) in the high-voltage second phase match of the B League.The match kicks off at 4:30 pm at the Bangabandhu National Stadium in the city. Private satellite channel ATN Bangla...

Khabarpatra book quarterfinal berth

2007-07-11 00:00:00

Khabarpatra booked their quarterfinal berth in the Pepsi-DRU six-a-side Cricket Tournament Tuesday as the 4th team after Channel i, Karatoa and Naya Diganta, reports UNB.Khabarpatra (48/1) beat Banglabazar Patrika (47/2) by four wickets at the Maulana Bhashani National Hockey Stadium...

BFF arranges open trial to form U-16 team

2007-07-11 00:00:00

Bangladesh Football Federation (BFF) has arranged a two-day open trial on July 13 and 14 at the Brothers Union Club ground in the city to form the Bangladesh Under-16 football team for the AFC Under-16 Football Tournament.The qualifying round of...

Bangladesh face UAE in opener today

2007-07-11 00:00:00

Bangladesh women cricket team faces the UAE team today (Wednesday) in the opening day match of the ACC Women Cricket Tournament at the Institute Perguruan Temenggong Ibrahim Ground in Malaysia.Bangladesh will face Singapore in their second match on July 13...

Federer aims for Sampras record

2007-07-11 00:00:00

World number one Roger Federer has his eyes on Pete Sampras' Grand Slam record after capturing his fifth consecutive title at Wimbledon Sunday, reports BBC. His five-set victory over Rafael Nadal was his 11th Grand Slam win, putting him three...

India set 273-run target for Sussex

2007-07-11 00:00:00

The Indians declared their second innings on 184 for 8, setting Sussex a target of 273 with a minimum of 40 overs remaining on the final day of the warm-up match at Hove. The match was intriguingly poised at lunch,...

Future govt must continue with purge against graft: Moeen

2007-07-11 00:00:00

Army Chief General Moeen U Ahmed Tuesday reaffirmed that the general election would be held by the end of next year and said the future government must continue to manifest their desire to continue with the current drive against corruption,...

Central bank may tighten monetary policy further

2007-07-11 00:00:00

Siddique Islam The Bangladesh Bank (BB) is likely to tighten its monetary policy further aiming to curb inflationary pressures on the economy, official sources said.The central bank may increase the interest rates on some short-term monetary tools like treasury bills...

It's not making a choice between devil and deep blue sea

2007-07-11 00:00:00

Shamsul Huq ZahidEnergy adviser Tapan Chowdhury is undone. He told the media last Monday that the government was left with little option other than raising gas tariff for all types of consumption to compensate for the losses being incurred by...

Cleric among 59 killed as Pak troops storm mosque

2007-07-11 00:00:00

ISLAMABAD: A radical cleric whose besieged mosque sought to impose strict Islamic morality on the Pakistani capital was killed Tuesday after refusing to respond to troops who demanded his surrender, officials said, reports APAbout 50 militants and eight soldiers died...

SEC approves IPO floatation by IBBL, Continental Ins

2007-07-11 00:00:00

FE ReportThe Securities and Exchange Commission (SEC) at its regular meeting Tuesday approved the floatation of Initial Public Offerings (IPOs) by two companies.It also fined senior officials of four companies for violating rules and regulations of the commission.The SEC approved...

FBCCI polls suspended

2007-07-11 00:00:00

FE ReportThe government Tuesday imposed a bar on scheduled executive committee election of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) for 2007-09 until further order.Meanwhile, the apex trade body Election Board held an emergency meeting immediately on...

Aziz advises weak insurance cos to consider merger

2007-07-11 00:00:00

FE ReportFinance and Planning Adviser Mirza Azizul Islam Tuesday asked the weak insurance companies to think on 'merger and acquisition' (M&A) and also comply with the standard corporate governance policies."You can think of the merger to end the financial burden...

New IMF budgetary support credit under govt scrutiny

2007-07-11 00:00:00

Shakhawat Hossain The caretaker government (CG) is on the brink of striking a new deal with International Monetary Fund (IMF) for getting budgetary assistance to carry out development activities, official sources said.The new credit programme, styled, Poverty Reduction Strategy Credit...