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Govt working to increase remittance, send more skilled workers abroad

2007-07-01 00:00:00

The government is actively working to increase the remittance flow and sending more workers abroad, especially skilled workers, Finance Adviser Mirza Azizul Islam said at a roundtable in the city Saturday, reports UNB.Bangladesh Enterprise Institute (BEI) and Royal Danish Embassy...

DBBL stands by acid victims

2007-07-01 00:00:00

FE ReportDutch-Bangla Bank Limited (DBBL) extended its financial assistance to the tune of Tk 10,000 to each of 151 acid victim women through a simple ceremony held at a city hotel recently as a part of its corporate social responsibility....

EBL launches SIMPLE Credit Cards' today

2007-07-01 00:00:00

FE Report Eastern Bank Limited (EBL) with a slogan 'One Life, One Card' launches 'EBL SIMPLE Credit Cards' from (today) Sunday offering 'Double Benefit Insurance Coverage' to the cardholders.The 'EBL SIMPLE Credit Cards' will be available in four versions including...

Thrust on balanced policy for leather industry

2007-07-01 00:00:00

Country's leather industry can grow into one of the biggest labour-intensive industrial sectors, employing 0.4 million people, if its total production potential is enacted, experts in the field said Saturday, reports UNB.They expect an annual export earning amounting to some...

'HRC garden tea' launched in mkt

2007-07-01 00:00:00

DU CorrespondentHRC has started marketing of its new product - 'HRC garden tea'- across the country.HRC Group Chairman and Chief Executive Officer Sayeed Hossain Chowdhury formally launched the marketing by unveiling the cover of the product at the company's daylong...

Ensuring corporate governance within organisations stressed

2007-07-01 00:00:00

FE ReportCorporate governance is vital for ensuring accountability, responsibility and setting principles, which should be incorporated in every part of an organisation. President of the Dhaka Chamber of Commerce and Industry (DCCI) Hossain Khaled made the observation while speaking at...

Greenback soft against Bangladesh taka

2007-07-01 00:00:00

Sarwar Zahan US dollar was slightly soft against Bangladesh taka (BDT) last week despite a steady demand for the greenback. The exchange rate of the greenback ranged between Tk 68.80 and Tk 69.00 against the previous week's range between Tk...

Open University unveils Tk 580m budget

2007-07-01 00:00:00

Bangladesh Open University (BOU) Friday unveiled a Tk 580.0 million (58 crore) budget for 2007-2008 fiscal year, reports bdnews24.com.The University Grants Commission (UGC) will make available 33.28 per cent in government grant, while the university will mobilise 66.72 per cent...

Asian markets end mixed

2007-07-01 00:00:00

HONG KONG, June 30 (AP): Asian markets were mixed Friday, as Japanese stocks climbed for a second session and Hong Kong shares declined on profit-taking.In Tokyo, the Nikkei 225 index rose 206.09 points, or 1.15 per cent, to 18,138.36 points....

Pearl Fashion to open branch in city

2007-07-01 00:00:00

FE ReportPearl Fashion Institute (PFI), a branch of Pearl Academy of Fashion India, has decided to open its branch in the city to offer expertise to the country's ready-made garment (RMG) sector.Pearl Academy has been contributing to the RMG industry...

Indian shares to hit record highs

2007-07-01 00:00:00

MUMBAI, June 30 (AFP): Indian share prices could hit record levels next week on global market gains as rate concerns ease, dealers said Friday. They said the markets showed buoyancy after India's inflation rate continued to fall, easing pressure for...

China Eastern gets green light for SIA sale

2007-07-01 00:00:00

BEIJING, June 30 (AFP): China Eastern airlines has been granted preliminary approval to sell a 25 per cent stake to Singapore Airlines (SIA) and Singapore's state-linked investment company, state media said Saturday. Li Fenghua, president of China's third-biggest airline, told...

IPO diary

2007-07-01 00:00:00

International Leasing and Financial Services LimitedNature of Business Lease Finance and Term Finance Subscription Opens July 02, 2007Subscription Closes July 08, 2007Subscription for NRB July 02, 2007 to July 17, 2007Offer Price (Tk.) 225.00 (including premium of Tk. 125)Face Value...

Launching of 'Mission 2011' to build sustainable info for poor in July

2007-07-01 00:00:00

A two-day launching ceremony of "Mission 2011: Building Sustainable Information and Knowledge System for the Poor" begins here from July 17 with a view to reducing poverty and achieving faster growth in the country, reports BSS.Chairperson of Bangladesh Telecentre Network...

Dhaka University Day today

2007-07-01 00:00:00

DU CorrespondentToday (Sunday) is Dhaka University (DU) Day. The day will be observed amid much fervour and festivity.On this day in 1921, the university started its journey with an aim of providing higher education to the people of this region...

Four people killed, 42 injured in separate road mishaps

2007-07-01 00:00:00

Four people were killed and 42 others injured in separate road mishaps in Comilla, Magura and Noakhali districts Saturday, reports UNB.In Comilla, two people were killed and 20 others injured in a head-on collision between a bus and a goods-laden...

DU student dies of fever, jaundice

2007-07-01 00:00:00

DU CorrespondentA female student of Islamic Studies Department of Dhaka University (DU) died of fever and jaundice Saturday morning at Mymensingh Medical College Hospital.She was identified as Gulshan Ara Lipi (24) and suffering from fever and jaundice for the last...

Bomb recovered from house in Meherpur

2007-07-01 00:00:00

MEHERPUR, June 30 (UNB): A bomb was recovered from the rooftop of a house at Purbamalsad village under Gangni Upazila Friday night.The sources of Rapid Action Battalion (RAB) said house inmates of local businessman Asaruzzaman found the bomb on the...

Car lifting comes down as detective police intensify drives

2007-07-01 00:00:00

Incidents of car lifting came down as two special teams of the Detective Branch launched drives against the car-lifting from March 22, reports UNB.So far 93 car lifting incidents were recorded in police stations in the capital since March 22,...

Rickshaw mechanic killed in compressor explosion

2007-07-01 00:00:00

COMILLA, June 30 (UNB): A rickshaw mechanic was killed when a compressor exploded at his workshop at Bangodda Bazar under Nangalkoat Upazila Thursday night.The deceased was identified as M Hasan (22), son of Fazlul Huq of Parkoat village in the...

Shahin elected CJFD president

2007-07-01 00:00:00

FE ReportFounding secretary Shahin-ul Islam Chowdhury was elected president of the Chittagong Journalists' Forum Dhaka (CJFD) at its AGM held in the city Friday with outgoing president Anis Alamgir in the chair, said a press release. M Saem Tipu was...

Two surveyors arrested while taking bribe

2007-07-01 00:00:00

JHALAKATI, June 30 (UNB): Two land surveyors were arrested from Budmarkhali area under Nalchhiti Upazila while taking bribe Friday.Acting on a tip-off, detective branch members of the joint forces arrested surveyors Ratan Hawladar and Abdul Gafur Hawladar red handed when...

Pedestrian crushed under wheels of jeep

2007-07-01 00:00:00

NOAKHALI, June 30 (UNB): A pedestrian, who was seriously injured in a road mishap in Hatiya Upazila Friday, died at the Upazila Health Complex.Police said a Nalchira-bound jeep ran over Nijam (48), of Osakhali village in the upazila and also...

Prisoner dies

2007-07-01 00:00:00

JHALAKATI, June 30 (UNB): Akkas Ali (43), a prisoner, had died at the district Sadar Hospital Friday.He hailed from Kistakati village in the upazila. He was being taken to the hospital from the district jail when he fell seriously ill...

GP-BCB Nat'l Cricket Academy team declared

2007-07-01 00:00:00

FE ReportA 20-member team for the Grameenphone-BCB National Cricket Academy has been announced at a press conference at a city hotel Saturday.BCB Selection Committee Chairman Faruque Ahmed announced the names of the 20 members and explained the selection process. BCB...

Shah inspires England to win over WIndies

2007-07-01 00:00:00

LONDON, Jun 30 (AFP): Owais Shah blazed 55 from 35 balls as England beat West Indies in the second twenty20 international at the Brit Oval Friday to level the two-match series 1-1.As they had Thursday, England's run chase was hampered...

Proteas set to be at full force for India finale

2007-07-01 00:00:00

BELFAST, Jun 30 (AFP): South Africa captain Jacques Kallis is confident of having his strongest side out for Sunday's one-day series climax against India here at Stormont. The three-match campaign is all-square at 1-1 after the second final over finish...

Mirza finds perfect partnership with Peer

2007-07-01 00:00:00

LONDON, Jun 30 (AFP): Indian star Sania Mirza is thrilled to be playing with Israel's Shahar Peer at Wimbledon, two years after they broke up under pressure from religious hardliners.The close friends made their first appearance since feeling forced to...

Cricket great Steve to address Socceroos

2007-07-01 00:00:00

SYDNEY, Jun 30 (AFP): Former Australian cricket captain Steve Waugh will address the Socceroos before their final Asian Cup warm-up game in Singapore Saturday.Waugh will spend three days with the Australian squad after accepting an offer from coach Graham Arnold...

Torres close to Liverpool switch

2007-07-01 00:00:00

MADRID, Jun 30 (AFP): Spanish press reported Saturday that Atletico Madrid star Fernando Torres was closer than ever to making a move to English Premiership side Liverpool.Reports claim that Liverpool have offered attacking midfielder Luis Garcia and 32 million euros...