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Sensational grenade attack cases on AL rally transferred to STT

2008-09-05 00:00:00

The two under-trial cases in connection with the sensational grenade attack on Awami League (AL) rally on Bangabandhu Avenue on August 21, 2004 have been transferred to a speedy trial tribunal (STT) for expediting the proceedings, reports UNB.brTo this effect,...

65 political parties collect registration forms so far

2008-09-05 00:00:00

A total of 65 political parties have so far collected forms from the Election Commission (EC) for registration to qualify for contesting the upcoming general election, reports UNB.brThe prominent ones among the registration-seekers are Jatiya Party (Ershad), Bangladesh Workers Party,...

ACC to charge-sheet ex-KCC mayor Kazi Aminul in a graft case

2008-09-05 00:00:00

The Anti-corruption Commission (ACC) is set to press charges against former Khulna City Corporation (KCC) mayor and Awami League (AL) leader Kazi Aminul Haque in a case filed for amassing illegal wealth and hiding information about it, reports UNB.brThe ACC...

Khaleda would be freed soon, country return to democracy

2008-09-05 00:00:00

Speaker Barrister Zamir Uddin Sircar Thursday expressed the hope that detained BNP chairperson and ex-premier Khaleda Zia would be released through legal process soon and the country would return to democracy, reports UNB.brAddressing a discussion on BNP's Contribution to Building...

Ex-minister Noman gets bail, Salahuddin chargesheeted

2008-09-05 00:00:00

Former BNP Minister Abdullah Al Noman was granted bail by a court here Thursday as he faces charges of earning wealth illegally, reports UNB.brMetropolitan Sessions Judge for Dhaka M Azizul Haque granted the bail after lawyer Golam Mostafa Khan moved...

HC grants Justice Fazlul Huq anticipatory bail for 3 months

2008-09-05 00:00:00

The High Court (HC) Thursday granted anticipatory bail for three months to Justice Fazlul Huq, a former adviser of the Iajuddin-led caretaker government (CG), on surrender Thursday following arrest warrant against him in an ill-gotten wealth case, reports UNB.brThe vacation...

Former AL state minister Rafiqul Islam freed on bail

2008-09-05 00:00:00

Former State Minister for Power and Energy during Awami League (AL) rule Rafiqul Islam was released on bail Thursday after 16 months in jail, reports UNB.brRafiqul walked out of the prison cell of Bangabandhu Sheikh Mujibur Rahman Medical University (BSMMU)...

BNP arranges special prayers today on Tarique's release

2008-09-05 00:00:00

Bangladesh Nationalist Party (BNP) announced a programme of post-juma special prayers at mosques across the country for today (Friday) for expressing gratitude at the release of its leader Tarique Rahman, reports UNB.brThe special prayers sponsored by the former ruling political...

Religion can play peacemaker's role in troubled world Nizami

2008-09-05 00:00:00

Jamaat-e-Islami Ameer Matiur Rahman Nizami Thursday said religion could play a role of peacemaker in the troubled world plagued with war, strife, armed conflicts and terrorist attacks, reports UNB.brReligion and religious values are always for peace. Although sometimes we see...

Nursery business brings high returns against relatively small investment

2008-09-05 00:00:00

Mahmuda ShaolinbrNursery business is increasingly becoming popular among a section of people in the urban as well as rural areas because of high returns against relatively small investment. brA person can easily earn Tk 2,000 to Tk 5,000 per day...

Prime Bank signs deal with Post Office for remittance distribution

2008-09-05 00:00:00

Prime Bank Limited, a leading private sector commercial bank, and Bangladesh Post Office (BPO) have entered into an arrangement for distributing overseas remittances, says a press release.brUnder the deal, the bank will utilize the largest network of about 10,000 outlets...

Three private universities join Oracle Academy Programme

2008-09-05 00:00:00

FE ReportbrThree leading private universities in Bangladesh-- American International University of Bangladesh (AIUB), BRAC University and Daffodil International University (DIU)-- will integrate the Oracle Academy into their computer science programmes.brThe Oracle Academy will act as a catalyst to educate the...

Sonali Bank introduces remittance payment processing platform

2008-09-05 00:00:00

FE ReportbrSonali Bank recently introduced eTranz, a national payment processing platform to facilitate remittance disbursement among the recipients in a prompt way.brRemittance payment processing platform is the first forward looking step of Sonali Bank Limited since its new identity, CEO...

Thomas John Bata passes away

2008-09-05 00:00:00

Thomas John Bata breathed his last Monday at Sunnybrook Health Sciences Centre in Toronto at the age of 93, says a press release.brAs 'Shoemaker to the World', Mr. Bata was a man of outstanding qualities and achievements who had a...

Warid offers special tariff

2008-09-05 00:00:00

Warid Telecom announced Thursday a low tariff rate of 25 paisaminute for its subscribers from 1200 midnight to 8am on the occasion of the holy month of Ramadan.brThe subscribers of Warid Telecom will be charged only 25 paisaminute for making...

ICB Islamic Bank holds branch managers'confce

2008-09-05 00:00:00

The third branch manager's conference of ICB Islamic Bank Ltd was held Wednesday in the board room of its head office, says a press release.brThe conference was presided over by Managing Director (Acting) of the bank Rajuendran Marrapan. All branch...

NCC Bank finances Karotoa Tea Associates at Panchagarh

2008-09-05 00:00:00

NCC Bank Ltd provided funding support to Karotoa Tea Associates at Panchagarh aiming to encourage industrialisation in rural areas, says a press release.brChirman of the Bank Tofazzal Hossain and Managing Director Md. Nurul Amin visited the tea factory recently. Chairman...

Call rate eases, dollar stable

2008-09-05 00:00:00

FE Report brThe inter-bank call money rate eased slightly Thursday due to easy flow of cash in the market. The US dollar, however, remained stable against Bangladesh taka (BDT) in the inter-bank foreign exchange market with comfortable supply of the...

corporatewatch

2008-09-05 00:00:00

SEC issues show-cause notice brto Dandy Dyeing auditorbrThe Securities and Exchange Commission (SEC) has issued show-cause cum hearing notice to Ms Habib Sarwar & Co., statutory auditor of Dandy Dyeing Limited, for non-compliance of securities laws in connection with audited...

Asian markets fall

2008-09-05 00:00:00

HONG KONG, Sept 4 (AP) Asian markets faltered Thursday as investors dumped shares in shipping and technology companies amid ongoing worries about the global economic outlook.brIn Japan, the Nikkei 221 index shed 1.04 per cent to 12,557.66 -- its lowest...

Banglalink launches spl caravans for new seven wonders voting

2008-09-05 00:00:00

FE ReportbrCEO of Banglalink Rashid Khan Wednesday formally inaugurated a nationwide caravan activation aimed at creating awareness and generating votes for Cox's Bazar in the new7wonders of nature campaign. brThe caravan started its journey from banglalink's Head Office in the...

Govt's rice procurement progressing steadily in Nilphamari

2008-09-05 00:00:00

Our CorrespondentbrNILPHAMARI, Sept 4 Government's rice procurement from the rice mills owners is still progressing steadily in Nilphamari district. Nilphamari district controller of food office sources said so far 18,000 metric tonnes of rice has been procured out of the...

World oil prices steady ahead of US energy report

2008-09-05 00:00:00

SINGAPORE, Sept 4 (AFP) World oil prices held steady in Asian trade today ahead of a weekly US energy stockpiles report expected to give clues about the state of American demand for crude, dealers said. brPrices were little changed even...

South Korea launches project to become Asian oil storage hub

2008-09-05 00:00:00

SEOUL, Sept 4 (AFP) South Korea today launched an ambitious project to become Northeast Asia's oil storage hub, which officials said will create new business opportunities and ensure energy security. brA joint venture contract was signed by state-run Korea National...

China unveils plans for huge steel plant

2008-09-05 00:00:00

BEIJING, Sept 4 (AFP) China has unveiled plans to build one of its largest steel plants at a cost of 30 billion dollars, state media reported today. brThe plant is to be located in Fangchenggang, a port city in Guangxi...

All types meet fair demand

2008-09-05 00:00:00

FE ReportbrIt was the first sale in the holy month of Ramadan, which met with a fairly strong demand from all sections. Blenders and Packeteers were quite active along with useful interest from the Loose tea buyers. Pakistan buyers operated...

Sagoldi regulator to help boost Aman crops cultivation in Nagarkanda

2008-09-05 00:00:00

A Correspondent brFARIDPUR, Sept 4 The construction work of Sagoldi regulator on Sagoldi Khal (canal) at Sagoldi village under Nagarkanda upazila of Faridpur is going on in full swing.brUnder FGR (Faridpur, Rajbari and Gopalganj) integrated area development project of BADC...

German exports to Asia soar over 10pc

2008-09-05 00:00:00

BERLIN, Sept. 4 (Xinhua) German exports to Asia jumped by 11. 2 per cent to 48.8 billion euros (70.6 billion dollars) during the first half of the year, the Cologne-based German Office for Foreign Trade (BFAI) said yesterday. brThis compares...

US economic activity continues to be slow Fed

2008-09-05 00:00:00

WASHINGTON, Sept 4 (Xinhua) US economic activity continued to be slow during the past one month as consumers and businesses were squeezed by high costs for energy and food, the Federal Reserve said yesterday. brThe pace of economic activity has...

BoE likely to keep rates steady despite looming recession

2008-09-05 00:00:00

LONDON, Aug 4 (AP) The Bank of England (BoE) is expected to keep interest rates steady at 5 per cent despite a looming recession when it announces its monthly decision later Thursday.brThe central bank has kept official interest rates unchanged...