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IPI gas pipeline project to promote trilateral economic relations

2007-06-27 00:00:00

TEHRAN, Jun 26 (APP): The Iran-Pakistan-India (IPI) gas pipeline project will promote trilateral economic relations on a long-term basis, Ambassador of Pakistan to Iran Shafkat Saeed has said.In an exclusive interview with a leading Iranian English language newspaper Iran Daily,...

Yen firms in Asian trade on sluggish US stocks

2007-06-27 00:00:00

TOKYO, June 26 (AFP): The yen clawed away from a four- and-a- half year low against the dollar in Asian trade today after US stocks remained under pressure and Japan's finance minister said currencies should reflect fundamentals, dealers said. The...

Vietnam posts bigger garment export turnovers in first half

2007-06-27 00:00:00

HANOI, June 26 (Xinhua): Vietnam is estimated to export textiles and garments worth 3.4 billion U.S. dollars in the first half of this year, a year-on-year rise of nearly 24.1 per cent, according to a local industry association today. In...

ADB to boost clean energy programme

2007-06-27 00:00:00

MANILA, June 26 (AFP): The Asian Development Bank (ADB) said today it was planning to boost its clean energy program to one billion dollars annually amid warnings Asia's contribution to green gas emissions could get worse. ADB president Haruhiko Kuroda...

China encourages installation of large thermal power units

2007-06-27 00:00:00

BEIJING, June 26 (CEIS): Following the energy-saving and emission-cutting policy, China has progress in massively closed small thermal power plants and small thermal power units while building large and high-efficient power units. One example is Huaneng Group, which has closed...

BB encourages banks, financial institutions to lend to SMEs

2007-06-27 00:00:00

FE ReportIn a Focus Group Discussion held Monday with the financial sector, the central bank urged the banks and financial institutions to lend money to SMEs. The discussion was jointly coordinated by Bangladesh Bank (BB) and IFC-SEDF, said a press...

ACI approves 60pc dividend

2007-06-27 00:00:00

FE Report Advanced Chemical Industries (ACI) Limited approved 60 per cent dividend, that is, Tk 6.00 per share of Tk 10 for its shareholders.The dividend was approved by its shareholders at the 34th annual general meeting (AGM) of the company...

AKTEL double-money offer for inactive pre-paid subscribers

2007-06-27 00:00:00

FE ReportAKTEL, the country's one of the largest mobile service providers, has recently launched 'Re-activate pre-paid SIM and get money doubled' offer for the inactive pre-paid SIM subscribers of the operator.Under this offer, any inactive customer can now reactivate his/her...

DBBL donates Tk 12m to hospital

2007-06-27 00:00:00

FE Report Dutch-Bangla Bank Limited (DBBL) has donated Tk 12 million (1.20 crore) to Shishu Sasthya Foundation Hospital for construction of first and second floors (about 15,000 square feet) of its 6-storey hospital building.In this connection, Shishu Sasthaya Foundation organised...

BKB's board meet held

2007-06-27 00:00:00

The 437th board meeting of the board of directors of Bangladesh Krishi Bank (BKB) was held at its board room in the city Tuesday, said a press release. BKB Chairman SA Chowdhuwry presided over the meeting.At the beginning of the...

Participation of women investors in stock market emphasised

2007-06-27 00:00:00

FE ReportSalta Capital Ltd (SCL), a brokerage house of Chittagong Stock Exchange (CSE), organised a seminar in the port-city Monday on the occasion of opening a separate booth for women investors to facilitate their smooth share trading. Women Chamber of...

BATA Int'l Group holds product dev meeting

2007-06-27 00:00:00

FE ReportA two-day regional product development meeting of the Bata International Group of the Bata Shoe Organisation began in the city Tuesday.Bata International Group (West) Managing Director J Carbajal formally inaugurated the meeting.Managing directors, product development managers and merchandising managers...

Japan approves Tk 230m for Faridpur infrastructure development project

2007-06-27 00:00:00

FE ReportThe government of Japan approved Tuesday the utilisation of Japanese Counterpart Fund amounting to Tk 230 million (23 crore) for the greater Faridpur infrastructure development project.The aim of the project is to alleviate poverty in greater Faridpur district through...

Banglalink signs corporate deal with Khaza Corporation

2007-06-27 00:00:00

FE ReportBanglalink has recently signed a corporate deal with Khaza Corporation in Rajshahi under its "enterprise" package, which is known as the most popular corporate offer in the market.Khaza Corporation Managing Director Khaza Khaled Lezar and Head of Corporate Sales...

Dhaka to help Suva with skilled, semi-skilled manpower

2007-06-27 00:00:00

FE Report Bangladesh is ready to help Fiji in its development with skilled and semi-skilled manpower. Bangladesh High Commissioner (HC) to the Republic of the Fiji Islands M Humayun Kabir said this while presenting his credentials to Fijian President Ratu...

Bahrain minister visits software company

2007-06-27 00:00:00

FE ReportMinister of State for Foreign Affairs of Bahrain Nezar Al-Baharna visited Dohatec New Media, a software company on June 21.The minister's visit to the company was on his own initiative.He was impressed by the quality of software development and...

DIIT holds seminar on info security

2007-06-27 00:00:00

FE ReportA special seminar on 'information security in 21st century' was organised by Daffodil Institute of IT (DIIT) on its Dhanmondi campus in the city recently.The keynote speaker of the seminar was Paul Sant, senior lecturer of University of Bedfordshire...

SMC awards 12 best artists in city

2007-06-27 00:00:00

FE ReportSocial Marketing Company (SMC) held a programme on 'Environment and Health: A child's Perspective' at a local hotel Tuesday to award 12 best artists from an art competition organised by the company for school children of Dhaka city.The aim...

Gulf Air opens office at ZIA

2007-06-27 00:00:00

FE ReportGulf Air opened an office at the Zia International Airport Tuesday. Gulf Air Head of Airport Services Saleem Amanullah inaugurated the office.Zia CAAB Director Wing Commander Sohel, GSA Gulf Air Managing Director AYM Naim, Gulf Air Sales Manager Kashem...

Fu-Wang Foods to set up new factory in Ctg

2007-06-27 00:00:00

CHITTAGONG, June 26 (BSS): Fu-Wang Foods Limited, a Taiwanese food and beverage company, will set up another factory in Sitakunda Industrial Area of the port city soon to meet the growing demand and ensure easy availability of its products in...

Distribution of Singer's dividend warrants for 2006 starts

2007-06-27 00:00:00

FE Report Singer Bangladesh Limited started distribution of dividend warrants for 2006 from Monday. The company's shareholders may collect dividend warrants from its registered office at Dilkusha in the city until July 05, 2007 (every working day from 9.00 am...

corporatewatch

2007-06-27 00:00:00

Recommendation of company dividendGQ Ball Pen: The board of directors of GQ Ball Pen Industries Limited has recommended 25 per cent interim cash dividend for its shareholders for the year 2007. The book-closure for entitlement of interim dividend of the...

Mideast Quartet envoys meet in Jerusalem

2007-06-27 00:00:00

JERUSALEM, June 26 (AFP): The four powers sponsoring the stagnant Middle East peace process met Tuesday for the first time since Hamas seized Gaza, a day after a regional summit that produced no major breakthroughs. Special envoys of the European...

NKorea, IAEA to discuss reactor shutdown

2007-06-27 00:00:00

PYONGYANG, June 26 (AP): UN nuclear monitors arrived in North Korea Tuesday to discuss the communist nation's plans to fulfill its long-delayed pledge to shut down its main nuclear reactor. International Atomic Energy Agency Director General Olli Heinonen told reporters...

Russia warns NATO over European security

2007-06-27 00:00:00

MOSCOW, June 26 (AFP): Russia warned NATO Tuesday against unilateral policies that could destabilise security on the European continent, but agreed to keep talking on deep divisions between the former Cold War foes. Foreign Minister Sergei Lavrov and NATO Secretary...

US troops target bomb networks

2007-06-27 00:00:00

JISR DIYALA, June 26 (AP): Newly arrived US troops southeast of Baghdad are destroying boats on the Tigris River and targeting networks believed to be bringing powerful roadside bombs from Iran as the military cracks down on extremists from all...

Iranian forces crossed Iraqi border

2007-06-27 00:00:00

LONDON, June 26 (AFP): Iranian Revolutionary Guard forces have been spotted by British troops crossing the border into southern Iraq, The Sun tabloid reported Tuesday. Britain's defence ministry would not confirm or deny the report, with a spokesman declining to...

Helmand province becoming main drug supplier

2007-06-27 00:00:00

VIENNA, June 26 (Reuters): Afghanistan's Helmand province, heartland of Taliban guerrillas fighting NATO forces, is about to become the world's largest drug supplier, the United Nations said Tuesday. Helmand, a province in the south of Afghanistan, cultivated more drugs than...

US Congress set for make-or-break immigration debate

2007-06-27 00:00:00

WASHINGTON, June 26 (AFP): The US Congress Tuesday takes up a divisive bill balancing border security and the documentation of 12 million illegal aliens, in a make-or-break debate that could scuttle immigration reform until after the 2008 presidential election. The...

Floods kill three in Britain

2007-06-27 00:00:00

LONDON, June 26 (AFP): Torrential downpours around Britain left three dead and hundreds stranded Monday as storms continued to batter Russia and a heatwave in southern Europe led to further deaths and sparked fires. Several hours of effort from rescuers...