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BSDI, Addvalue to work on skill dev in call centre business

2008-09-17 00:00:00

Bangladesh Skill Develo-pment Institute (BSDI), one of the institutes of Daffodil Foundation, and Addvalue Training Solutions, one of the call centre training institutes of India, signed an agreement in the city recently, said a press release. On signing of the...

BPC losses in diesel, kerosene decline by 300pc since June

2008-09-17 00:00:00

FE ReportState-owned Bangladesh Petroleum Corporation (BPC)'s losses in diesel and kerosene have declined by more than 300 per cent after the dramatic fall of global oil prices since their historic high in July, its chairman said Tuesday.Anwarul Karim said his...

Law and order: Signs are ominous

2008-09-17 00:00:00

Shamsul Huq Zahid After a lull for nearly one and a half years since the emergency was proclaimed in January last year, crimes and criminals are back on the streets of Dhaka city with a big bang. A middle-aged director...

ADB for tight monetary policy to tame inflation

2008-09-17 00:00:00

FE ReportThe Asian Development Bank (ADB) Tuesday suggested that Bangladesh increase the bank interest rate and take a tight monetary policy to tame the inflationary pressure on the economy."If you continue the accommodative monetary policy the inflation could go up...

Low quality wheat being imported?

2008-09-17 00:00:00

Syed Ishtiaque RezaA section of private traders is reportedly importing low quality wheat, which is not suitable for human consumption, from Ukraine and Russia.According to sources, the wheat that is being imported is used as animal feed in those countries....

World markets down on Lehman, Merrill woes

2008-09-17 00:00:00

WASHINGTON, Sept 16 (Agencies): Urgently trying to keep cash flowing amid a Wall Street meltdown, the Federal Reserve on Tuesday pumped $50 billion into the nation's financial system to help ease credit stresses. The Federal Reserve Bank of New York's...

SBC intends to double its stakes in Asian Re

2008-09-17 00:00:00

Shakhawat Hossain Sadharan Bima Corporation seeks to invest more US$ 1.1 million to double its stake in the emergency Asian Reinsurance Corporation (ARC), officials said Tuesday. In a recent letter to the finance ministry, the lone state-owned general insurance company,...

Call rate jumps to 18 per cent

2008-09-17 00:00:00

FE ReportThe inter-bank call money rate shot up to 18 per cent Tuesday because of rising pressure for withdrawal of fund ahead of the Eid-ul-Fitr festival, officials said. The call money rate rose Tuesday morning as some banks faced sudden...

Stock prices remain steady

2008-09-17 00:00:00

FE ReportStock prices remained steady on Dhaka Stock Exchange (DSE) Tuesday with a slight enhancement in the turnover on the back of huge transaction of Titas Gas.The trading was however dominated by losers as only 88 issues gained, 126 declined...

Hasina, seven others get bail

2008-09-17 00:00:00

Former Prime Minister and Awami League president Sheikh Hasina, now abroad on parole, Tuesday secured bail from the High Court in an extortion case in the last-ditch effort for her release, reports UNB. Responding to a petition, a vacation bench...

Three deals signed at Sino-Bangla talks

2008-09-17 00:00:00

BEIJING, Sept 16 (UNB): China will provide special preferential treatment for access of some Bangladeshi products to its market to reduce the prevailing trade imbalance between the two countries and cooperate in paving the way for implementation of the Ruppur...

Zahed Kuddus new Biman CEO

2008-09-17 00:00:00

Air Commodore Zahed Kuddus (retd) has been made Managing Director and Chief Executive Officer (CEO) of Biman Bangladesh Airlines Ltd. His appointment to the post will be effective from today (Wednesday), said a press release Tuesday night. Before joining the...

ICB recommends 1:1 stock, 10pc cash dividend

2008-09-17 00:00:00

The Investment Corporation of Bangladesh (ICB) Tuesday recommended 1:1 stock dividend and 10 per cent cash dividend for the year ended on June 30 last. An ICB source said the recommendation was made in a board meeting of the largest...

Energy Div to select IOCs at its own

2008-09-17 00:00:00

FE ReportThe council committee on government purchase Tuesday sent back the proposal of assigning two international oil companies (IOCs) for exploring oil and gas in the Bay saying the energy ministry itself can approve it, a senior adviser said Tuesday.Since...

Ministries asked to sit with realtors to end impasse

2008-09-17 00:00:00

FE ReportThe government has asked the ministries concerned to sit with real estate developers to end an impasse over promulgation of the proposed Real Estate Management Ordinance-2008 aimed at streamlining the sector, officials said.They said the directive came at a...

Farm credit disbursement made mandatory for all banks

2008-09-17 00:00:00

FE Report Agricultural credit disbursement will be made compulsory for all local and foreign commercial banks from the current fiscal year to ensure food security of the country. "The central bank will take necessary measures immediately in this connection," Senior...

Four-party will sit jointly in talks: BNP

2008-09-17 00:00:00

BNP and its alliance partners will attend talks together with the government and Election Commission (EC), BNP secretary general Khandaker Delwar Hossain announced after the four-party meeting Tuesday, reports bdnews24.com. BNP chairperson Khaleda Zia sat with top leaders of the...

Gillespie, Patel bowl NZ A to victory

2008-09-16 00:00:00

HYDERABAD, Sept 15 (Cricinfo): A polished 75 from Peter Fulton and accurate bowling by Mark Gillespie and Jeetan Patel helped New Zealand A to a 129-run win over Australia A in game one of the Triangular Series in Hyderabad. A...

Cricketers back to field after India blasts

2008-09-16 00:00:00

NEW DELHI, Sept 15 (AFP): Cricketers from Australia, New Zealand and Pakistan took the field in India Monday, shrugging off security concerns following deadly bomb attacks in New Delhi. First-class domestic champions from India and Pakistan began their annual four-day...

GP-BCB Academy take on SL Dev X1 today

2008-09-16 00:00:00

The second four-day match between touring GP-BCB National Cricket Academy team and Sri Lankan Development Eleven begins today (Tuesday) at the Premadasa Stadium in Colombo, reports UNB.The first four-day match between two teams ended in a draw at the Rangiri...

Bali to offer million-dollar bonus in WTA revamp

2008-09-16 00:00:00

NUSA DUA, Indonesia, Sept 15 (AFP): Winners of WTA International events in 2009 will have the chance of a million-dollar bonus at the new season-ending Bali Tournament of Champions, the WTA announced today. A player who wins three International tournaments...

Div II Football, Basabo Torun beat Prantik KC

2008-09-16 00:00:00

Basabo Torun Sangha beat Prantik KC by 2-1 goals in a match of the Second Division Football League at the Bir Shreshtho Shaheed Sepoy Mohammad Mostafa Kamal Stadium at Komolapur in the city Monday, reports UNB.Biplob Kumar Mondol and Kabir...

Adoption of latest techs can boost agri production, seminar told

2008-09-16 00:00:00

RANGPUR, Sept 15 (BSS): Speakers at a meeting here today said the farmers could definitely increase the overall agriculture production through adopting the latest agro-technologies. They also expressed the confidence that the country could definitely achieve self-reliance in food production...

"Strict policy can protect girls of public varsities from sexual harassment"

2008-09-16 00:00:00

DU correspondentThe country's sentient community Sunday said formulating a strict anti-sexual harassment policy for all the public universities was a must to prevent the sexual harassment of female students.Expressing grave concern over the increasing sexual harassment of female students in...

Land grabbers involved in exploiting Karnaphuli river

2008-09-16 00:00:00

Our CorrespondentCHITTAGONG, Sept 15: A section of land grabbers are currently involved in exploiting the river Karnaphuli. As a result, a vast area of the river is now under unauthorised occupation. These criminals are not just satisfied with grabbing the...

CAARP rehabilitates 37,500 Sidr-affected fish cultivators

2008-09-16 00:00:00

‘BARISAL, Sept 15 (UNB): Cyclone Affected Aquaculture Rehabilitation Project (CAARP) taken by the World Fish Centre-Bangladesh (WFC-BD) with the financial assistance from USAID is rehabilitating around 37,500 small and marginal fish cultivators of five Sidr-affected districts, including Barisal.The project assistances...

Phensidyl, three-piece garments recovered

2008-09-16 00:00:00

Our CorrespondentJESSORE, Sep 15: Jessore Kotwali police Monday recovered illegal materials from two trucks. Acting on a tip-off, the police stopped two trucks at Malanchi on the Jessore-Benapole Highway Monday. The driver and helpers of the first truck fled abandoning...

One gets life term for killing wife, daughter

2008-09-16 00:00:00

HABIGANJ, Sept 15 (UNB): The court of District and Sessions Judge here Sunday convicted a man and sentenced him to life term imprisonment on charge of burning his wife and daughter to death.The convict, Moazzin Hossain Chomok, employee of Shayestaganj...

Int'l Ozone Day today

2008-09-16 00:00:00

The International Ozone Day will be observed in the country as elsewhere across the world today (Tuesday) with an emphasis on global efforts to protect the ozone layer of the earth, reports UNB.Bangladesh has been observing the day since 1995...

EXIM Bank DMD obtains PhD

2008-09-16 00:00:00

Deputy Managing Director (DMD) of Export-Import (EXIM) Bank of Bangladesh Limited Mohammad Haider Ali Miah has obtained a PhD degree, said a press release.His research was on "The Role of Marketing on Financial Performance in showing differences between the Traditional...