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Zonal round of Nat'l Women's Kabaddi begins

2008-07-23 00:00:00

The zonal round of the Spectra Group National Women's Kabaddi Competition, organised by Bangladesh Kabaddi Federation, began Tuesday at four separate venues across the country with eight teams reaching the zonal final round, reports UNB.At Jessore venue, Narail DSA beat...

Rule on appointing 2 directors from among depositors soon

Siddique Islam | 2008-07-23 00:00:00

The central bank will soon issue a rule allowing the commercial banks to appoint two directors from among the depositors in line with the existing Bank Companies Act."We'll issue a rule in a day or two to appoint two directors...

Bumper production of tomato in Panchagarh

Our Correspondent | 2008-07-23 00:00:00

NILPHAMARI, July 22: Farmers of Panchagarh district are successfully cultivating summer tomato in their high lands for the last few years. But this year tomato cultivation, both in quality and quantity, has increased substantially.Sources said they have commercially cultivated tomato...

HSBC Bangladesh appoints new CEO

2008-07-23 00:00:00

The Hong Kong and Shanghai Banking Corporation (HSBC) Limited has appointed Mr Sanjay Prakash the chief executive officer (CEO) of the bank in Bangladesh, says a press release.He will replace Mr Steve Banner, who will move on shortly to assume...

A Doha deal would aid many European farmers

Patrick Messerlin | 2008-07-23 00:00:00

Two dangerous prejudices are threatening the critical meeting of trade ministers at the World Trade Organisation that is taking place in Geneva.The first is the view that the Doha round would bring small benefits - merely $50bn (

Milk production falls sharply in B'baria

Our Correspondent | 2008-07-22 00:00:00

BRAHMANBARIA, July 21: Milk production has sharply fallen in all the eight upazilas of the district.According to sources, the production of milk has come down sharply due to rapid decline in the number of milk cows.The poor cultivators of the...

Holcim receives business award

2008-07-22 00:00:00

Holcim Bangladesh Ltd, a leading cement company in the country, has received the Financial Mirror-Robintex Business Award 2007-2008 as the best multinational company in cement industry.The award giving ceremony was held at the China-Bangladesh Friendship Conference Centre in the city...

Rural jobs scheme creating labour shortage in Agra

2008-07-22 00:00:00

AGRA, (Internet): The rural employment scheme is certainly picking up steam in India's most populous state of Uttar Pradesh, if the labour shortage for construction and industrial work in Agra district is anything to go by.The national rural employment guarantee...

BKSP maintain supremacy in age group swimming

2008-07-22 00:00:00

Bangladesh Krira Shikkha Protishthan (BKSP) maintained their supremacy in the Keya Cosmetics 24th National Age Group Swimming securing 15 gold, 11 silver and 4 bronze medals on the 2nd day of the three-day meet at the National Swimming Complex at...

Sarkozy on EU mission to Dublin

2008-07-22 00:00:00

French President Nicolas Sarkozy is starting an official visit to Ireland to discuss how to proceed after the Irish rejection of the Lisbon Treaty, BBC reports.He will meet Taoiseach (Prime Minister) Brian Cowen during the trip, which is expected to...

China urges financial institutions to extend service in rural areas

2008-07-22 00:00:00

BEIJING, July 21 (Xinhua): China's banking regulators have urged financial institutions to speed up innovations and mechanism reform in rural areas to make credit more accessible to farmers.The country had made progress at extending financial services in rural areas, including...

Pietersen falls as England falter

2008-07-22 00:00:00

HEADINGLEY, July 21 (Cricinfo): South Africa were made to work hard on the fourth morning at Headingley before removing James Anderson and Kevin Pietersen in quick succession, putting them firmly on course for a 1-0 series lead. Alastair Cook remained...

Indian army chief due by month-end

FE Report | 2008-07-22 00:00:00

Indian army chief General Deepak Kapoor is coming to Dhaka later this month on a three-day visit, officials said Monday.Mr. Kapoor is expected to arrive here on July 28. His visit comes just a few months after Bangladesh army chief...

India in key nuclear debate ahead of crunch vote

2008-07-22 00:00:00

NEW DELHI, July 21 (AFP) : The future of India's coalition government and a controversial nuclear deal with the United States were hanging in the balance Monday as parliament opened debate ahead of a key confidence vote.The Indian government will...

Vietnam raises petroleum prices again

2008-07-22 00:00:00

HANOI, July 21 (Xinhua): Vietnam raised its retail price of standard petroleum by 31 per cent from July 21 due to increasing world oil prices, the country's Finance Ministry announced today morning.The price of A92 petroleum, most commonly used by...

corporatewatch

2008-07-22 00:00:00

Square Pharma recommends 40pc cash, 35pc stock dividendsThe board of directors of Square Phamaceuticals Limited has recommended 40 per cent cash dividend and 35 per cent stock dividend for the year that ended on March 31, 2008. The annual general...

Tangail FC, Arambagh Juniors make good start

2008-07-22 00:00:00

Tangail Football Club made a good start in the 2nd phase group B match of the Metropolis Pioneer Football League beating Noakhali Football Academy by 2-0 goals at the Bir Shreshtho Shaheed Sepoy Mohammad Mostafa Kamal Stadium at Komolapur in...

UCB share trading resumes, tops the turnover list

FE Report | 2008-07-22 00:00:00

Share trading of the United Commercial Bank (UCB) Limited resumed Monday after a gap of nearly six-week in the spot market of the both bourses.The company topped the turnover list on Dhaka Stock Exchange with Tk 488.12 million traded whopped...

Mongla Port remains idle

Our Correspondent | 2008-07-22 00:00:00

KHULNA, July 21: The country's second seaport at Mongla remained virtually idle for the last one week with no cargo ship anchoring at the problem-ridden port, officials sources said."Even till July 23 there is no schedule for any ship in...

developments in the region and abroad

Yadav elected | 2008-07-22 00:00:00

Nepali presidentBelying expectations Nepali Congress Party candidate Dr Ram Baran Yadav was today elected the first president of republic by the constituent assembly defeating the Maoist candidate, according to Nepal's Kantipur website monitored here, reports UNB.Dr Yadav (61), general secretary...

Call rate posts rise, dollar steady

FE Report | 2008-07-22 00:00:00

The inter-bank call money rate posted rise Monday despite injection of fresh cash into the market. The US dollar, on the other hand remained steady against Bangladesh taka (BDT) in the inter-bank foreign exchange market mostly due to adequate supply...

Middle aged man's body found at city's Mirpur area

2008-07-22 00:00:00

The body of a middle-aged man was recovered from city's Mirpur area Sunday night, reports UNB.The dead was identified as Delwar Hossain Mintu, an employee of a buying house of Banani area.Family sources said Mintu went to his working place...

US businesses wary about economic recovery

2008-07-22 00:00:00

WASHINGTON, July 21 (AFP): US companies remain cautious about the economy despite some signs of improvement as they battle rising costs and squeezed profit margins, a survey of business economists showed today.The National Association for Business Economics (NABE) said its...

New ad-hoc committee of Sunder Jiban

2008-07-22 00:00:00

Sunder Jiban, working for the protection and development of environment for the last nine years, has been reorganised with a new ad-hoc committee, said a press release.The committee was formed recently at a meeting of the executive committee held at...

TV personality, comedian Lalu dead

2008-07-22 00:00:00

MYMENSINGH, July 21 (UNB): TV personality and comedian ASM Abdul Alim popularly known as Lalu died of old age complications at his Brahmma Palli residence in the district town at noon Monday. He was 76.He left behind wife, six sons,...

Six troops, rebels killed in Pakistan

2008-07-22 00:00:00

QUETTA, July 21 (AFP): Six Pakistani paramilitary troops and a "big number" of separatist insurgents were killed in clashes in troubled southwestern Pakistan at the weekend, a senior security official said Monday.Security forces launched an operation against rebel camps in...

Private equity favours Asian stakebuilding

Sundeep Tucker | 2008-07-22 00:00:00

FT Syndication ServiceHONG KONG: Private equity firms ramped up the level of minority investments in Chinese and Indian companies in the first half of the year amid a fall in buy-out opportunities in Asia and beyond, according to a study.The...

Nepal Maoists lose 'presidential vote'

2008-07-22 00:00:00

KATHMANDU, July 21 (AFP): Lawmakers in Nepal Monday voted in the country's first post-royal president, Ram Baran Yadav, rejecting a candidate backed by the Maoists, state television said.Yadav, who was backed by the centrist Nepali Congress party, won 308 out...

Delwar accuses govt of conspiring to put stooges in power

2008-07-22 00:00:00

BNP Secretary General Khandaker Delwar Hossain Monday demanded the long-awaited parliamentary polls to be held in October, before the planned upazila elections, after lifting the state of emergency fully, reports UNB.He also alleged politicians have been thrown behind bars as...

Now, Tatas eye making cars priced over one-lakh pound

2008-07-22 00:00:00

LONDON, Jul 21 (PTI): After unveiling the world's cheapest car with a price tag of Rs one lakh, Indian auto major Tata Motors is now gearing up to tap the other extreme of the market with new models of its...