FE Report | 2008-08-06 00:00:00
Mominul Islam (32) has been promoted to the position of Deputy Managing Director of IPDC of Bangladesh Ltd recently.He joined IPDC in 2006 as Head of Operations and played a pivotal role in reshaping the company.Prior to his promotion, Mr...
BEIJING, Aug 5 (AFP): India hope to make up for the absence of their trademark field hockey team at Beijing by providing their "best ever" finish at the Olympics.The hockey stars, India's flag-bearers at past Olympics despite winning the last...
BRUSSELS, Aug 5 (AFP): The Eurozone should escape a recession but growth is expected to fall significantly, the International Monetary Fund (IMF) said in a report published yesterday."Growth will likely slow substantially this year before reaccelerating" next year, the report...
FE Report | 2008-08-06 00:00:00
The inter-bank call money rate rose again Tuesday despite injection of fresh cash into the market. The US dollar, however, maintained its steady level against Bangladesh taka (BDT) in the inter-bank foreign exchange market due to sufficient supply of the...
Advisers praised the success on Tuesday of the first round of local elections, but warned voters against supporting unworthy candidates in future polls, reports bdnews24.com.Local government adviser Anwarul Iqbal and communications adviser Ghulam Quader said Monday's polls proved that holding...
FE Report | 2008-08-06 00:00:00
The Chittagong Customs House (CCH) goes online from Friday next, which is expected to end sufferings of exporters and importers."We have taken all preparations for inauguration automation system on Friday in the Chittagong Customs House. We want to start the...
A. B. M. Nurul HaqPOVERTY alleviation is the main agenda with the development experts. In the underdeveloped countries, a vast segment of the population lives below poverty level. In many countries they can not even manage a meal a day....
RAJSHAHI, August 5 (BSS): Thirteen out of total 15 mayoral candidates have lost their security money in Monday's Rajshahi City Corporation (RCC) poll that was held peacefully and without any sort of controversy.According to unofficial results, Awami League led 14-party...
FE Report | 2008-08-06 00:00:00
CBOSS Corporation, global telecommunications, ERP and business intelligence software solution provider, will open its branch office in Bangladesh with ICE Technologies as its partner.This is a major step in providing world class solution and support and maintenance services to companies...
FE Report | 2008-08-06 00:00:00
The government will start the open market sale (OMS) of rice from August 20 at a rate of Tk 28 per kilogramme (kg) in order to support the poorer segment of people, badly affected by the current soaring prices of...
SYDNEY, Aug 5 (AFP): Australia's central bank left interest rates unchanged today at a 12-year high of 7.25 per cent and indicated borrowing costs could fall amid signs of an economic slowdown.Reserve Bank of Australia (RBA) governor Glenn Stevens said...
Sundeep Tucker and Joe LeahyCOMMERCIAL banks are moving swiftly to strengthen and expand their operations to service the companies responsible for soaring trade levels between India and China.Sino-Indian trade last year climbed by 56 per cent to $38.7bn, according to...
Our Correspondent | 2008-08-06 00:00:00
CHITTAGONG, Aug 5: MV Banglar Shourav an oil tanker owned by Bangladesh Shipping Corporation (BSC), which had exploded two years back, and undergone extensive reconstruction finally anchored at the Dolphin Jetty of Eastern Refinery with a load of around 11,500...
FRANKFURT, Aug 5 (AFP): Adidas, the second biggest sports equipment maker, posted today a 12 per cent increase in second quarter net profit, although its troubled US unit Reebok saw first-half sales fall by 11 per cent.Adidas recorded a net...
SAVAR, Aug 5 (BSS): The Wildlife Rescued Centre (WRC) at Jahangirnagar University (JU) has been playing an important role in saving endangered species of animal and providing opportunity to carry out research work on animal behaviour.The WRC was established at...
The local government elections for four city corporations and nine municipalities that the Election Commission had announced on June 20 last was held peacefully last Monday. The local government polls in the given constituencies, which were held under the state...
FE Report | 2008-08-06 00:00:00
The central bank has assured the commercial banks of issuing a master circular clarifying the interest and discount calculation method of government securities that will help to boost the country's secondary securities market.The assurance came at a meeting with the...
M Azizur Rahman | 2008-08-06 00:00:00
The energy ministry has taken a move to amend and update the country's existing Mines and Minerals Rules 1968 to woo foreign investments and expedite development of the coal sector, officials said."We have taken steps to change the rules to...
Election Working Group (EWG), a local government poll observer alliance, Tuesday termed the Monday's local body polls as free, fair and credible as it was held in a peaceful manner with the spontaneous participation of people, reports BSS.Addressing a press...
QUETTA: Aug 5 (APP): President Pervez Musharraf said here yesterday that the country's economy was on a downslide because of the capital flight and unsatisfactory law and order situation in the country.Addressing a delegation of business community, the President said...
FE Report | 2008-08-06 00:00:00
Bangladesh Agricultural University (BAU) Vice-Chancellor Md Akhtar Hossain stressed the need for congenial academic atmosphere on the campus to improve understanding and appreciation of art, literature and cultures for cultivating intellectual development of the students.The BAU vice-chancellor said this while...
Bangladesh Kabaddi Federation has selected 15 women players for a residential camp ahead of the 3rd Asian Women Kabaddi Championship that will begin on September 19 in Tamilnadu, India, reports UNB.The selected players have been requested to report at the...
GALVESTON, (Texas), August 5 (Agencies): The winds were beginning to pick up and the surfs were rising in Galveston early Tuesday as tropical storm Edouard closed in on the Texas Gulf coast.Meanwhile, rain bands and tropical storm force winds were...
FE Report | 2008-08-06 00:00:00
The government is intensifying move to improve infrastructure in land borders with India to ease export and import activities.A government committee holds a meeting today (Wednesday) at the Sonamasjid land customs station to evaluate the existing position of land customs...
EIELSON AIR FORCE BASE, (Alaska), August 5 (AFP): US President George W. Bush made a stopover here on his way to South Korea and Thailand, before attending the Beijing Olympics opening ceremony clouded by concerns over China's human rights record.Bush...
Chief Election Commissioner Dr ATM Shamsul Huda Tuesday said the Commission has successfully completed the elections to four City Corporations and nine municipalities with average 80 per cent voter turnout without any major complaints."There's some 80 per cent of voter...
Indian Congress leader and Member of Indian Parliament Rahul Gandhi left here for Delhi by a Jet Airways flight Tuesday morning after a five-day visit to the country, reports UNB.Nobel peace laureate and Grameen Bank founder Muhammad Yunus saw off...
UCBL declares schedule for 24th, 25th AGMsThe board of directors of United Commercial Bank Limited (UCBL) has decided to hold 24th and 25th annual general meetings (AGMs) of the bank for the accounting years 2006 and 2007 on September 25,...
Mohammad Shahidul Islam | 2008-08-06 00:00:00
THE cultural heritage of Bangladesh and his archaeological wealth is yet to be projected and exploited to attract tourists. Cultural tourism can change Bangladesh's image to tourists, both domestic and foreign.Not many in Bangladesh are aware of its cultural heritage....
The High Court (HC) Tuesday upheld the death sentences against nine out of ten condemned convicts while exonerated all 13 lifers in the decade-old Kazi Aref murder case, reports UNB.A Division Bench comprising Justice AKM Fazlur Rahman and ATM Fazle...
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