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Pubali Bank's Banani branch shifted to new premises

2007-06-29 00:00:00

FE ReportThe Banani branch of Pubali Bank Limited (PBL) has been shifted to its new premises with a view to providing better services. PBL board of directors Chairman Hafiz Ahmed Majumder inaugurated the new premises as the chief guest Wednesday....

Increased exports 'help reduce trade deficit with India'

2007-06-29 00:00:00

FE Report Increased Bangladeshi exports to the Indian market have contributed to the reduction of Dhaka's chronic trade deficit with New Delhi, a top Indian diplomat said Wednesday."I'm particularly pleased by the sharp increase in Bangladesh's exports to India in...

Chevron supports two 'Smiling Sun' clinics in Habiganj

2007-06-29 00:00:00

FE ReportChevron Bangladesh (CB) President Steve Wilson recently handed over a cheque amounting to Tk 19,60,000 to Sylhet Samaj Kalyan Sangstha (SSKS) General Secretary Md Belal Ahmed for construction of two permanent 'Smiling Sun' medical clinics in Habiganj.The clinics will...

Asian stocks advance as oil climbs

2007-06-29 00:00:00

SINGAPORE, June 28 (Bloomberg): Asian stocks rebounded from a two- week low, led by energy producers and Japanese exporters, after crude oil prices advanced and the yen halted a three-day climb. Cnooc Ltd., China's largest offshore explorer, gained for the...

Sandhani Life, CRAB sign credit rating deal

2007-06-29 00:00:00

FE ReportSandhani Life Insurance Company Ltd signed an agreement with Credit Rating Agency of Bangladesh Limited (CRAB) for credit rating of the company in the city recently.CRAB Managing Director Masihur Rahman and Sandhani Managing Director Ahsanul Islam signed the agreement...

Dhaka Bank holds executive dev programme

2007-06-29 00:00:00

FE ReportAn executive development programme on "Implementation of Credit Risk Management Policy in Banks" was organised by Dhaka Bank Training Institute (DBTI) at its head office in the city recently.A total of 28 executives and officers from different branches of...

IFIC Bank holds workshop on Understanding UCP 600

2007-06-29 00:00:00

FE ReportA workshop on "Understanding UCP 600" of International Finance Investment and Commerce (IFIC) Bank Limited was held at its training academy in the city recently. IFIC Bank Limited Deputy Managing Director Mohammed Abdullah was present at the workshop. A...

LID-2007 to be held in Malaysia from August 6

2007-06-29 00:00:00

FE ReportThe 8th Langkawi International Dialogue (LID)-2007 will be held in Langkawi, Malaysia from 6-8 August to explore possible solutions to human capital development, capacity building and poverty eradication.About 500 participants, including 42 heads of states and governments along with...

corporatewatch

2007-06-29 00:00:00

Subscription date of Int'l Leasing changesThe subscription date for initial public offering (IPO) of International Leasing and Financial Services Limited has been rescheduled from July 02 to July 08, 2007 for local applicants instead of July 01 to July 05,...

Developing skilled migrant workers

2007-06-29 00:00:00

BANGLADESHI expatriates are expected to remit a record $6.0 billion during the outgoing financial year (2006-07). The amount is likely to rise further in the upcoming fiscal as a substantial number of workers are in the process of taking employments...

Carrying through political reforms

2007-06-29 00:00:00

Syed Ishtiaque RezaBNP Secretary General Abdul Mannan Bhuiyan has placed his 15-point reform package. The reform proposals placed through holding a press conference at his residence is categorically aimed at keeping incumbent partly Chairperson Khaleda Zia out of leadership. BNP's...

Hidden dangers from ageing population

2007-06-29 00:00:00

By 2025, many countries in Eastern Europe and the former Soviet Union will have populations that are among the oldest in the world, posing a threat to the region's recent economic success if pension and health care reforms are not...

For setting up effective environmental courts

2007-06-29 00:00:00

Abdur RahimTHE environmental awareness has been picking up in Bangladesh from the late eighties when a separate ministry of the Environment with the Department of the Environment (DOE) under it, came into being. Later, the environment court was set up...

Overlooked rights of BIRDEM doctors

2007-06-29 00:00:00

NONE can support the means that the striking doctors of the BIRDEM hospital have resorted to for realising their demand of extension of work contracts or making their jobs permanent. But none would also support the hospital authorities for adopting...

Information on films: 'The Last Kiss' (1931) and 'Sukumari' (1928).

2007-06-29 00:00:00

FOR a personal research purpose, I am collecting information on the first East Bengal film "The Last Kiss" (1931) and an earlier short film "Sukumari" (1928). Both were silent movies - filmed in Dhaka and acted mainly by some amateur...

Will we get our flats?

2007-06-29 00:00:00

In May 2005, my father invested all his deposits to book a flat in the "Japan Garden City". At that time, they told us that the probable handover time would be June, 2006. But alas! June 2007 has already gone...

IEH renovates pathology dept, microbiology, virology services

2007-06-29 00:00:00

FE Report The renovated pathology department and microbiology and virology services of the Islamia Eye Hospital (IEH) and the MA Ispahani Institute of Ophthalmology were inaugurated Thursday.The renovations were done in collaboration with the High Commission of Pakistan and the...

Monsoon depression over west central Bay intensifies

2007-06-29 00:00:00

The monsoon depression over west central Bay and adjoining northwest Bay moved rapidly northwards, intensifying into a deep depression and now lies over northwest Bay and adjoining west central Bay, reports UNB.Until 12 noon Thursday, it was centred at about...

Sheikh Selim's mother dies

2007-06-29 00:00:00

Asia Khatun, mother of Awami League leader Sheikh Fazlul Karim Selim and elder sister of Bangabandhu Sheikh Mujibur Rahman, died of old age complications at Shikdar Medical College Hospital here at 12:45 pm Thursday. She was 89, reports UNB.She left...

Bangladesh, Denmark sign MoU

2007-06-29 00:00:00

Bangladesh and Denmark Thursday signed a Memoran-dum of Understanding (MoU) on a Danish-funded private-sector development programme, reports UNB.The Business-to-Business Programme (B2B programme) is expected to fetch in the coming years funding support to a number of new commercial co-operations worth...

China targets excess liquidity in hope of solving economic challenges

2007-06-29 00:00:00

BEIJING, June 28 (CEIS): The Chinese government unveiled two dramatic measures yesterday to solve its economic dilemmas with a massive issue of special treasury bonds to buy its ballooning foreign exchange reserve and cutting the country's longstanding interest tax on...

IMF fights for legitimacy 10 years after Asian financial crisis

2007-06-29 00:00:00

WASHINGTON, June 28 (AFP): Ten years after playing a controversial role in the Asian financial crisis, the International Monetary Fund (IMF) is now in the midst of its own identity crisis. The six-decade-old institution, which lent over 38 billion dollars...

HK benefits from enhanced economic co-op with Chinese mainland

2007-06-29 00:00:00

HONG KONG, June 28 (CEIS): The China Development Bank (CDB) has announced that it will issue 5 billion yuan (about 657 million US dollars) RMB bond in Hong Kong, in a sigh of enhanced economic cooperation between the Chinese mainland...

Fed seen holding steady, may fine-tune message on economy

2007-06-29 00:00:00

WASHINGTON, June 28 (AFP): The Federal Reserve concludes a two-day meeting today widely expected to hold interest rates steady and note signs of a rebound in the US economy, despite the persistent slump in housing, analysts say. The Federal Open...

India readies plan for ailing farm sector

2007-06-29 00:00:00

NEW DELHI, June 28 (AFP): India plans an ambitious project to boost flagging agricultural output by 11 per cent over the next four years and reduce the need for imports, a top official said today. Agricultural growth has slipped from...

Tonga to become WTO member next month

2007-06-29 00:00:00

GENEVA, June 28 (Xinhua): The South Pacific kingdom of Tonga will become the 151st member of the World Trade Organisation (WTO) next month, the Geneva-based organisation said yesterday. Tonga, one of the poorest countries in the world, submitted " its...

Japan's industrial output down for third month

2007-06-29 00:00:00

TOKYO, June 28 (AFP): Japan's plants and factories cut their output unexpectedly in May for a third straight month, the government said today, adding to jitters over the impact of the slowing US economy. The government downgraded its assessment of...

Nepali overseas workers’ earnings dwindles

2007-06-29 00:00:00

KATHMANDU, June 28 (Xinhua): Nepal has managed to post an encouraging growth in remittance, but a closer look at the receipts show that earnings of average Nepalis working overseas has dwindled drastically over the past one decade. Data of ministry...

Hyundai Motor workers on strike against FTA

2007-06-29 00:00:00

SEOUL, June 28 (AFP): Workers at South Korea's top automaker Hyundai Motor launched a partial strike today to join an industry-wide walkout in protest at a free trade agreement with the United States. "Our assembly lines remained crippled from 1:00...

UCBL organises workshop

2007-06-29 00:00:00

Deputy Managing Director of United Commercial Bank Ltd (UCBL) Niaz Habib inaugurated a workshop on "UCP 600 and Foreign Exchange Management" at its training institute in the city recently.Officers and executives of UCBL participated in the workshop. BIBM Professor and...