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Curing Bangladesh's image problem

Shahriar Khan | 2008-08-08 00:00:00

FOREIGN direct investment (FDI) in Bangladesh continues to be a trickle whereas other countries in its neighbourhood continue to be the major beneficiaries of it. China remains the top recipient of FDIs. India and Pakistan are also receiving much more...

Takaful Islami Ins approves 10pc cash dividend

FE Report | 2008-08-08 00:00:00

The 8th annual general meeting (AGM) of the Takaful Islami Insurance Limited was held in the city recently. Chairman of the company Md Fazle Azim presided over the meeting. Shareholders of the company and its Managing Director Abul Kashem Chowdhury...

Ahead of Nano, Tatas seek to beef up car dealer network

2008-08-08 00:00:00

NEW DELHI, Aug 7 (PTI): Just months ahead of the launch of its Rs one-lakh Nano, the world's cheapest car, automaker Tata Motors has started the process of expanding the dealership network for passenger cars.Tata's passenger car brands currently include...

4 more regional passport offices will start operations this year

Mahmuda Shaolin | 2008-08-08 00:00:00

Four more Regional Passport Offices (RPO) will start operations this year as a part of the government's decision to extend passport-related services across the country.With the setting up of these four offices, the number of total RPOs will be 19....

BPC to import 0.15m tonnes of fuel oil from Maldives by Dec

FHM Humayan Kabir | 2008-08-08 00:00:00

State-owned Bangladesh Petroleum Corporation (BPC) will import 0.15 million tonnes of refined petroleum oil from the Maldives by December to meet the country's requirement."We've already discussed with the state-owned company of the Maldives to supply 0.15 million tonnes of gasoline....

HC seizes presidential power on appointment of judges

2008-08-08 00:00:00

The High Court in a split decision has seized the president's special power to discount the recommendations of the Supreme Judicial Commission in appointing judges to the higher court, reports bdnews24.com.A three-strong special bench of justices MA Rashid, Nazmun Ara...

Housewife killed by husband for dowry in Rangpur

2008-08-08 00:00:00

RANGPUR, Aug 7 (UNB): A housewife was beaten to death allegedly by her husband for dowry at Khatkhotia village in Sadar Upazila Monday.Police said Entaz Ali gave his daughter Rezina Begum in marriage to Heshanur Rahman five years back with...

Make breastfeeding campaign a success like EPI: Experts

2008-08-08 00:00:00

The World Breastfeeding Week concluded Thursday with a call to raise awareness further to make the campaign a success like the immunisation scheme, reports UNB.Uzzal Bikash Datta, joint secretary of the Ministry of Health and Family Welfare, said at the...

Respecting every dollar the remitters send

Syed Fattahul Alim | 2008-08-08 00:00:00

With the remittance from the expatriate wage earners rising in amount, the government has decided to reward the highest remitters. The reward will provide them with special citizen's benefits.' Such persons will enjoy the status of commercially important persons (CIPs)...

Summit Power approves 20 per cent stock dividend

FE Report | 2008-08-08 00:00:00

The 11th Annual General Meeting of Summit Power Limited was held Thursday at Bashundhara Convention Centre, Baridhara in the city.At the meeting, the shareholders of the company approved 20 per cent stock dividend for the year ended December 31, 2007....

General election to be held free, fair under emergency: Advisers

2008-08-08 00:00:00

As the crucial general election draws closer, the key politicians and advisers of the caretaker government are engrossed in intense debate over the holding of the polls in December under the state of emergency, reports UNB.The long-running issue came to...

Milk prices in Ramadan to stay stable, says Zillur

FE Report | 2008-08-08 00:00:00

Commerce adviser Hossain Zillur Rahman said Thursday prices and supply of liquid and powdered milk, widely consumed during the month of Ramadan, will remain stable.He said this after holding a meeting with the country's leading milk producers, suppliers and importers."We...

Boy killed in road accident, locals clash with police

2008-08-08 00:00:00

MUNSHIGANJ, Aug 7 (UNB): Five people, including a policeman, were injured as local people clashed with the law enforcers following a road accident that killed a primary school student at Sipaipara Shantinagar in Sadar Upazila Wednesday.Local people said Mahim, 7,...

CA's spl asst leaves for Beijing

2008-08-08 00:00:00

Chief Adviser's Special Assistant for Youth and Sports Mahbub Jamil left for China Thursday to attend the opening ceremony of the 29th Beijing Olympic Games that begins today (Friday), reports UNB.BOA President General Moeen U Ahmed and BOA Secretary General...

DUTS elects new committee

DU Correspondent | 2008-08-08 00:00:00

Gazi Alif Laila and Kazi Rakibul Hasan have respectively been elected president and general secretary of Dhaka University Tourist Society (DUTS) for the year 2008-09.DUTS Adviser Prof Masuda M Rashid Chowdhury conducted the election of the 15-member executive committee of...

SEBL officers asked to learn about general banking

2008-08-08 00:00:00

Officers of Southeast Bank Limited (SEBL) have been advised to acquaint themselves with the tools, principles and operational procedures of general banking for the improvement of their technical and conceptual skills.Senior Executive Vice President of the bank Mohammed Gofran made...

Oil prices move up slightly

2008-08-08 00:00:00

SINGAPORE, Aug 7 (AFP): Oil prices were slightly higher in Asian trade today after steep falls in recent sessions on worries about waning energy demand, especially in the United States, dealers said.In morning trade, New York's main contract, light sweet...

Outlets to be opened during Ramadan under govt, private initiatives

2008-08-08 00:00:00

The government along with some business organisations will set up outlets to sell essentials to consumers at fair prices during the fasting month of Ramadan, reports UNB.The decision was taken Thursday during a meeting of various business organisations and government...

German trade surplus surges in June

2008-08-08 00:00:00

FRANKFURT, Aug 7 (AFP): Germany's trade surplus surged in June, data released today showed, offering some relief after a bleak series of figures pointing to a severe economic slowdown.The trade surplus grew to 19.7 billion euros (30.4 billion dollars), from...

Tyranny in Kuwait

2008-08-08 00:00:00

WE vehemently condemn the tyranny unleashed by the Kuwait authorities on the workers of Bangladesh who have been deprived of their legitimate remunerations and other benefits by the employers there. They simply gave vent to their anguish and agony suffered...

China credit policy to be relaxed

2008-08-08 00:00:00

BEIJING, Aug 7 (Xinhua): The People's Bank of China (PBoC), China's central bank, is likely to lift additional credit quota for this year by five per cent over the objective set at the year beginning, according to banking officials.This means...

Viable industry to be set up for employment generation in N-region

Our Correspondent | 2008-08-08 00:00:00

RANGPUR, Aug 6: The leaders of Greater Rangpur-Dinajpur Industry and Business Development Forum (GRDIBDF) have given the assurance that they will set up viable industries in the region to create employment opportunity for the people of the country's northern region.They...

Protesters rounded up by Beijing police

2008-08-08 00:00:00

BEIJING, August 7 (agencies): At least two women who have protested being evicted from their homes ahead of the Olympics were rounded up and taken to a police station, amid ramped up efforts Thursday by activists to use the games...

Developing advocacy plan for combating HIV/AIDS stressed

2008-08-08 00:00:00

Speakers at a meeting in the city Thursday underscored the need for developing a concrete advocacy plan for raising awareness, improving knowledge and changing behaviour of young people so they can work on their own in combating HIV/AIDS pandemic, reports...

Graft suspects may apply by Sept 1 seeking TAC clemency

2008-08-08 00:00:00

Graft suspects willing to voluntarily disclose their ill-gotten wealth before the Truth and Accountability Commission (TAC) may apply by September 1, reports UNB.An official handout said the graft suspects may secure the TAC clemency on criminal charges, subject to adequate...

Asian markets end mixed

2008-08-08 00:00:00

HONG KONG, Aug 7 (AP): Asian markets were largely mixed Thursday as worries over the US financial sector and the global economy eclipsed an overnight drop in oil prices and led many investors to lock in gains from the prior...

Yen near seven-month low against dollar

2008-08-08 00:00:00

TOKYO, Aug 7 (AFP): The yen stayed near a seven-month low against the dollar in Asian trade today amid growing fears that Japan is entering into a recession, dealers said.The dollar was at 109.58 yen in Tokyo afternoon trade against...

BCB reveals Australia tour itinerary

2008-08-08 00:00:00

Bangladesh Cricket Board (BCB) has revealed the itinerary of the ensuing Australia tour for a three-match One Day International (ODI) series, reports UNB.The national team will leave Dhaka for Australia on August 14.Ahead of the three ODIs, the national cricketers...

7 girls back home from Indian jail

Our Correspondent | 2008-08-08 00:00:00

JESSORE, Aug 7: The Indian authority Tuesday evening handed over seven girls who were trafficked several times to India. The children were handed over to the Bangladesh Rifles and Women Lawyers Association by the BSF in association with a human...

Eyes of the world on China as inaugural ceremony looms

2008-08-08 00:00:00

BEIJING, Aug 7 (AFP): Everything about the Beijing Olympics is on a huge scale and organisers intend to start as they mean to go on judging by their plans for Friday's opening ceremony, a three-hour 'spectacular'.But the longer the performance,...