Fool-proof security on eve of local body polls

Inspector General of Police (IGP) Nur Mohammad Thursday said 369 polling centres were marked as vulnerable out of 587 centres in four city corporation areas, reports UNB.On the other hand, 65 polling centres out of 141 are considered vulnerable in...

corporatewatch

Social Investment Bank to issue right share 1:1 at parThe board of directors of Social Investment Bank Limited has decided to issue right share at the rate of 1:1 at par, subject to approval of the Securities and Exchange Commission...

Urgent steps to protect lives of 0.4m Sandwip people urged

Local government representatives and elite of Sandwip have urged the government for taking immediate steps to protect the lives of around 0.4 million people living in the island, who have been struggling against natural calamities over the years.They put forward...

Lampard's staying, says Scolari

GUANGZHOU, China, July 24 (AFP): Coach Luiz Felipe Scolari insisted Frank Lampard was staying with Chelsea as reports broke that the club was set to make the midfielder Britain's highest paid footballer."Frank is staying with us. Finished," Scolari said.The Brazilian...

200 BCS economic cadre officers pass 10 years without promotion

A sense of dissatisfaction is prevailing among nearly 200 officers under the BCS economic cadre as they have failed to get any promotion even after completion of nearly ten years of service, the officers concerned said.'We have completed nearly 10...

Absence of anti adulteration drive

CHITTAGONG, July 24: Organised gangs have activated their drives for manufacturing adulterated items of goods in Chaktai-Khatungonj area since anti-adulteration drives have been suspended in the city.Adulterated items of goods have already flooded the markets in the port city and...

Call to review Right to Information Ordinance

The newly-launched Right to Information Forum has expressed concern over some significant weaknesses in the Right to Information Ordinance presently being considered by the government for enactment, and called upon the government to review it involving representatives of the forum.A...

Dhaka stocks bounce back

Dhaka stocks bounced back Thursday with nearly eight-month single day rise of the benchmark DGEN, propelled by the news of the Grameenphone going public and healthy corporate declarations by some companies.The benchmark Dhaka Stock Exchange (DSE) General Index (DGEN) soared...

All varieties face lower prices

In the face of less demand, market declined for all varieties particularly the Medium and plainer types, which were often withdrawn without bids. However, well-made good liquoring teas were well supported at lower rates. Blenders and Packeteers lent a fairly...

13 banks raise interest rates on deposits, 9 cut rates on lending

Interest rates on deposits rose while they fell on lending in commercial banks in the current month to narrow the spread, officials said.At least 13 commercial banks raised the interest rates on deposits in July to reduce the spread between...

Israel to build new settlement in West Bank

JERUSALEM, Jul 24 (AP): A key committee has approved construction of the first new Jewish settlement in the West Bank in a decade, an Israeli official said Thursday. The news infuriated Palestinians, who said the decision could cripple peace efforts.The...

The tragic neglect of our proud heritage

THE ancient but crumbling structures signifying life and culture of those days of yore still stand in many places of Bangladesh and form collectively our national heritage. They range from the prehistoric time to the Bhuddist and the Hindu eras...

Stars join gold rush at

HONG KONG, July 24 (AFP):The Australian Open, Roland Garros, Wimbledon and the US Open. And this year, a fifth Grand Slam: the Beijing Olympics.With the sport's biggest names lining up for a shot at gold, the Olympic tennis tournament provides...

Warid launches new prepaid package

Warid Telecom Thursday launched another lucrative prepaid package with a Zem prepaid connection, Nokia 1208 handset and free talk-time worth Tk 3,500, says a press release.The latest package is available at all business centres, franchisees, corporate sales points and designated...

Tri-nation consortium lone bidder for 450MW Bibiyana power plant

The government found a single bidder for the 450 megawatt (MW) Bibiyana power plant that indicates a monopolistic situation in absence of any competition in the selection process, officials said.'We received a bid from the consortium of the Powertek Berhad...

China's overseas investments more than double in first half

BEIJING, July 24 (AFP): China's overseas investment more than doubled in the first half of 2008, the government said today, as the energy- hungry nation sought to secure resources globally to fuel its economic boom.Non-financial direct outward investment hit 25.7...

Rice market

We all expected that a bumper boro harvest would help bring down the prices of rice and cereals. But actually the prices of these very essential food items have only increased over the last several weeks. It is surprising that...

Asian markets extend gains for fourth day

The stock markets across the Asia-Pacific region closed mostly higher for a fourth day on Thursday after oil prices fell to a seven-week low below $125 a barrel, easing inflation fears.Financial stocks rose, as credit worries eased on hopes that...

World oil prices mixed on signs of US demand weakening

SINGAPORE, July 24 (AFP): World oil prices were mixed in Asian trade today amid signs of weakening demand in the United States, the world's biggest energy user, dealers said.In afternoon trade, New York's main contract, light sweet crude for September...

Russia may send nukes to Cuba: Report

HAVANA, Jul 24 (CBS/AP) : Ailing Fidel Castro said Wednesday that Cuba's president was right to adopt a "dignified silence" over a Moscow newspaper report that Russia may send nuclear bombers to the island, and said Cuba doesn't owe any...

ICMAB holds discussion on SIDR survey report

The Institute of Cost and Management Accountants of Bangladesh (ICMAB) organised a discussion on 'Survey Report on Devastations Caused to the Bangladesh Economy by Cyclone SIDR-2007' at the ICMAB auditorium in the city recently.ICMAB past president and South Asian Federation...

President, CA greet Maldives President Gayoom

President Professor Dr Iajuddin Ahmed and Chief Adviser Dr Fakhruddin Ahmed have greeted Republic of the Maldives President Maumoon Abdul Gayoom on the occasion of the country's Independence Day that falls on Saturday, reports UNB.In a message, Dr Iajuddin said...

Best Air to add two more aircraft

Private air carrier Best Air would boost its fleet by adding two more aircraft over the next two months as the airliner is set to lease one ERJ 145 and one Airbus 321 by the end of September this year.This...

Mufti Rahman new CSBIB chairman

Mufti Abdur Rahman has been elected chairman of the Central Shariah Board for Islamic Banks of Bangladesh (CSBIB) for the rest of the tenure of 2007-2010 replacing late Moulana Ubaidul Huq, Khatib of Baitul Mukarram National Mosque.Chairmen and managing directors...

D-8 summit: fruitful or same old drill?

The sixth summit of D-8 countries took place on 08 July at Kuala Lumpur. The member countries that attended were Bangladesh, Egypt, Indonesia, Pakistan, Malaysia, Nigeria and Turkey.The journey of D-8 began in October 1996 when the then Turkish Prime...

Three centurions make it Sri Lanka's day

COLOMBO, July 24 (Cricinfo): On a slow, benign SSC track, Sri Lanka accumulated ruthlessly, and helped by the Indian fielders' failure to accept half-chances that came their way, they looked set to get themselves a total that would rule out...

AL leader Jafrullah gets two years for corruption

A Dhaka court Thursday sentenced Awami League (AL) presidium member Kazi Jafrullah to two years for failing to submit a wealth statement on time to the Anti-corruption Commission (ACC), reports bdnews24.com.Judge Md Ashraf Hossain of Special Judges' Court-5, on the...

EBL credit card holders to get discount at S'pore hospital

Credit card holders of Eastern Bank Limited (EBL) will enjoy special discount on some medical and hospital facilities like -- outdoor consultation fee, standard health screening package, published room rates and others at Raffles Hospital in Singapore.In this connection, a...

IDB to provide $300m for building Padma Bridge

The Islamic Development Bank (IDB) has assured the government of providing US$300 million for constructing the country's proposed mega project Padma Bridge, a senior official said Thursday.The assurance of IDB came at a time when the communications ministry, the project...

Developing nations urged to apply for GSP+ benefits

The European Union (EU) has sought applications from developing countries in order to qualify for getting the benefits of GSP+ (Generalised System of Preference) setting October 31 as the deadline, said a statement of the European Commission.The EC statement received...