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India assures steps to reduce civilian killings on border

2008-09-01 00:00:00

India assured Bangladesh of taking steps to reduce the civilian killings on the frontier by BSF troops as the Home Secretary-level talks ended here Sunday striking set of agreements to maintain calm along the dividing lines between the two neighbours,...

Meeting inside makeshift jail part of conspiracy to foil next elections

2008-09-01 00:00:00

Awami League (AL) acting general secretary Syed Ashraful Islam said Sunday that recent meeting of Khaleda Zia with Khondoker Delwar Hossain and Ali Ahsan Muhammad Mujahid inside the makeshift jail was part of conspiracy to foil next elections due in...

Go, transfer power to elected govt, Delwar tells CG

2008-09-01 00:00:00

BNP secretary general Khondoker Delwar Hossain said Sunday that the current unelected government must go as quickly as possible through transfer of power to an elected administration, reports UNB.brHold the national election immediately and hand over power to the elected...

22 parties collect forms for regn with EC till Sunday

2008-09-01 00:00:00

Twenty-two of the country's political parties have collected forms for registration with the Election Commission (EC) till Sunday, reports UNB.brOf them 14 forms were collected Sunday alone by different parties, including PDP of Ferdous Quareshi and Kalyan Party of retired...

EC terms emergency a problematic point

2008-09-01 00:00:00

The European Commission (EC) Sunday termed the state of emergency in Bangladesh a problematic point and urged the caretaker government to improve few things to guarantee freedom of the voters and free and fair election with participation of all, reports...

Govt moving towards free, fair credible polls in due time CA

2008-09-01 00:00:00

Chief Adviser Dr Fakhruddin Ahmed Sunday told the outgoing Qatar Ambassador in Bangladesh Ibrahim Mohammed A Al-Abdulla that his caretaker government is moving ahead towards holding a free, fair and credible general polls in due time, reports UNB.brThe Ambassador made...

President, CA greet their Libyan counterparts

2008-09-01 00:00:00

President Iajuddin Ahmed and Chief Adviser (CA) Fakhruddin Ahmed have greeted their Libyan counterparts on the occasion of the Great Al-Fatah Revolution Day of that country, reports UNB.brIn a message to Col Muammer Al Gadhafi, leader of Great Al-Fatah Revolution,...

Chargesheet against Justice Fazlul Haque today

2008-09-01 00:00:00

Former Law Adviser Justice Fazlul Haque, now the centre of a bribery scandal, will be charge-sheeted today (Monday) in the case filed against him by the Anti-corruption Commission (ACC) for amassing illegal wealth and hiding information about it, reports UNB.brSources...

Gaddafi greeted

2008-09-01 00:00:00

Bangladesh-Libya Brotherhood Association's President Advocate Principal Eskander Ali Miah and General Secretary M Mujibur Rahman issued a joint statement Sunday congratulating the Great Leader of Libya's Great Al-Fatah Revolution, Moammar Al-Gaddafi and his people on the occasion of the 39th...

StanChart signs Tk 100m loan agreement with local NGO

2008-09-01 00:00:00

FE ReportbrStandard Chartered Bank (SCB) signed an agreement Thursday with Shakti Foundation for Disadvantaged Women (SFDW), one of the top tier micro-finance institutes in Bangladesh, says a press release.brUnder this credit facility, Tk 100 million will be disbursed to SFDW...

Nat'l committee to start women's business agenda formed

2008-09-01 00:00:00

FE ReportbrIn order to facilitate increased participation in the economy by women entrepreneurs, Bangladesh Women Chamber of Commerce and Industry (BWCCI), in association with The Centre for International Private Enterprise (CIPE), formed a national committee for developing the first women's...

ICSMB holds AGM, Asad Ullah elected president

2008-09-01 00:00:00

The Institute of Chartered Secretaries and Managers of Bangladesh (ICSMB) held its twelfth annual general meeting (AGM) in the city Saturday.brPresident of the institute Itrat Husain presided over the AGM, said a press release.brIn his address, the president highlighted the...

1st branch of IIDFC opens in Chittagong

2008-09-01 00:00:00

FE ReportbrThe first branch of the Industrial & Infrastructure Development Finance Company (IIDFC) Ltd started its operation at Agrabad in Chittagong recently.brThe branch was inaugurated by Mr. Feroz Ahmed, Secretary, Ministry of Commerce. brThe inaugural session was attended, among others,...

3i Infotech opens office in Dhaka

2008-09-01 00:00:00

FE Reportbr3i Infotech, a leading Indian IT solutions and services company Sunday opened its office in Dhaka to cater to the growing needs of financial and insurance sector of Bangladesh. brHaving expertise in financial and insurance software development, 3i Infotech...

Prime Bank Foundation opens school

2008-09-01 00:00:00

FE ReportbrPrime Campus, an English medium school founded by Prime Bank Foundation in the city's Uttara area, was formally inaugurated Sunday. brThe Prime Bank Foundation, a non-profit subsidiary of Prime Bank Ltd, has established the school with the aim to...

Alam appointed Sonali Bank director

2008-09-01 00:00:00

FE ReportbrSheikh Nurul Alam, former president of Feni Chamber of Commerce and Industry, has been appointed director of Sonali Bank Ltd for three years.brPrior to this, he served seven years as director in Agrani Bank Ltd and six years in...

Call rate, dollar remain steady

2008-09-01 00:00:00

FE Report brThe inter-bank call money rate remained unchanged Sunday in an active market featuring higher demand for cash. The US dollar was stable against Bangladesh taka (BDT) in the moderately active inter-bank foreign exchange market, fund managers said.brThe call...

Indian shares may edge upwards this week

2008-09-01 00:00:00

MUMBAI, Aug 31 (AFP) Indian shares may edge upwards this week as worries about rising oil prices and inflationary pressures are expected to ease marginally, after a dip in India's inflation level this week, dealers said. brOn Thursday, India's inflation...

corporatewatch

2008-09-01 00:00:00

DBH recommends 30pc stock dividendbrThe board of directors of Delta Brac Housing (DBH) Finance Corporation Limited has recommended 30 per cent stock dividend for the year 2007-2008. The annual general meeting (AGM) of the company will be held at 11am...

ICB AMCL declares NAV of its unit funds

2008-09-01 00:00:00

FE ReportbrICB Asset Management Company Limited (AMCL), a subsidiary of ICB declared total net asset value (NAV) of its two unit funds recently.brThe NAV of ICB AMCL Pension Holders' unit fund stood at Tk 87,285,447.85 on the basis of cost...

Wall Street enters month of peril with outlook clouded

2008-09-01 00:00:00

NEW YORK, Aug 31 (AFP) Wall Street returns from vacation season to enter what is historically the most perilous period of the year amid conflicting signals about the US economic outlook. brTrade over the past week was choppy as investors...

Exim Bank opens Data Centre

2008-09-01 00:00:00

Export Import Bank of Bangladesh Limited opened its Data Centre in the city recently.brChairman of the board of directors of the bank Md Nazrul Islam Mazumder inaugurated the Centre as the chief guest, said a press release.brAmong others, Chairman of...

Two new Singer Plus Shops open in Dhaka

2008-09-01 00:00:00

President and CEO of Singer Asia Mr. Gavin Walker formally inaugurated two new Singer Plus Shops at Savar and Uttara in Dhaka recently. He also inaugurated relocated Singer Plus Shop at Shewrapara in the city.brDirector & Chief Operating Officer Mr....

Automation orientation held at CCH

2008-09-01 00:00:00

Our CorrespondentbrCHITTAGONG, Aug 31 With the launching of automation programme at Chittagong Customs House (CCH), transparency and accountability would be ensured in the field of taxation on the one hand and a new horizon would be unveild in the field...

Magnum Marketing holds annual dealers' confce

2008-09-01 00:00:00

FE ReportbrThe Annual Dealers' Conference-2008 of Magnum Marketing Ltd, the sole distributor of world-renowned Japanese brand Hitachi electronics home appliances, was held in a city hotel recently.br Masayuki Inoue, ambassador of Japan in Bangladesh, was present as the chief guest...

Asian currencies lower against dollar

2008-09-01 00:00:00

HONG KONG, Aug 31 (AFP) Asian currencies ended the week lower against the dollar as the greenback gained ground on the back of stronger than expected US economic data and hopes of US rate cuts. brJAPANESE YEN The Japanese yen...

Dollar firms against euro on hope for US rate hike

2008-09-01 00:00:00

NEW YORK, Aug 30 , (AFP) The dollar firmed against the euro yesterday, bolstered by rising US inflation that stirred speculation the Federal Reserve will raise interest rates. brThe euro was changing hands at 1.4673 dollars around 2100 GMT, down...

India protests halt of cheap car plant construction

2008-09-01 00:00:00

SINGUR, India, Aug 31 (AFP) Thousands of Indians staged loud protests today outside a factory being built to produce the world's cheapest car, forcing a halt to construction work at the site, officials said. brA team of Japanese experts helping...

China's FAI in textiles slows down in first seven months

2008-09-01 00:00:00

BEIJING, Aug. 31 (Xinhua) The fixed asset investment (FAI) in China's textile and apparel industry kept slowing down in the past seven months. brThose projects with a fixed asset investment size of above 5 million yuan each have realized an...

Venezuela, Ecuador sign energy cooperation deals

2008-09-01 00:00:00

CARACAS, Aug. 31 (Xinhua) Venezuelan President Hugo Chavez and his Ecuadorian counterpart Rafael Correa Friday signed five energy cooperation agreements. brUnder the agreements, the two nations will enhance cooperation in the prospecting of oil fields as well as refinement of...