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Dhaka stocks decline amid low turnover

FE Report | 2008-07-15 00:00:00

Dhaka stocks fell Monday snapping two straight gaining streak amid low turnover.Trading at the Dhaka Stock Exchange (DSE) began on downbeat from the very outset and the negative trend continued towards close of the trade.The market moved to the negative...

Premier Bank trains junior officers in cash management

FE Report | 2008-07-15 00:00:00

Premier Bank Training Institute concluded its training course for the newly recruited trainee junior officers (cash) recently.The bank's Managing Director Khondker Fazle Rashid was the chief guest of the concluding session.Premier Bank Additional Managing Director Mokhlesur Rahman, SEVP and Head...

'India's business outlook for July-Sept quarter low'

2008-07-15 00:00:00

MOMBAY, (Internet): India's business outlook index is at an all-time low at 65 index points after 5 per cent dip from the previous quarters, says TeamLease quaterly employment outlook for the quarter July-September 2008.The business outlook index points have shown...

VGF cards for urban poor to be launched

Doulot Akter Mala | 2008-07-15 00:00:00

The government is contemplating introducing Vulnerable Group Feeding (VGF) card for the urban poor, reeling under soaring prices of essentials, ahead of the Ramadan month.The price monitoring committee in a meeting recently asked the food and disaster management ministry to...

al-Bashir charged with genocide

2008-07-15 00:00:00

THE HAGUE, Jul 14 (AP): The International Criminal Court's prosecutor has filed genocide charges against Sudanese President Omar al-Bashir.The charges filed Monday include masterminding attempts to wipe out African tribes in Darfur with a campaign of murder, rape and deportation.Prosecutor...

ACC approves charge sheet against Koko

2008-07-15 00:00:00

Anti-corruption Commission (ACC) approved the charge sheet of the case filed against Arafat Rahman Koko, youngest son of former premier Khaleda Zia, allowing the investigation officer (IO) to submit it to the court for trial, reports BSS.The ACC lodged the...

New wing under Finance Division to start operation next month

FE Report | 2008-07-15 00:00:00

A new organisational set-up, the Macro Fiscal Wing, under the finance ministry will start operation from next month to assist the ministry with the country's macro-economic forecasts and analysis, ministry officials said Tuesday."Establishment of the new wing in the Finance...

President, CA greet Sultan of Brunei on his birthday

2008-07-15 00:00:00

President Iajuddin Ahmed and Chief Adviser Fakhruddin Ahmed have greeted Sultan Hassanal Bolkiah of Brunei on his 62nd birthday, reports UNB.In a message of felicitation to the Sultan, Dr Iajuddin has expressed his hope that the close relations and friendship...

Capacity expansion update

2008-07-15 00:00:00

The cement industry is currently engaged in an aggressive $6 billion capacity expansion. More than 4 million metric tons of new clinker capacity is expected to come on-line this year. An additional 10 millionmetric tons of new clinker capacity is...

Militant attacks kill nine Nato troops

2008-07-15 00:00:00

KABUL, Jul 14 (AFP): Militants killed nine NATOsoldiers in an assault on a remote base in northeasternAfghanistan, officials said, in one of the deadliest attacks on foreign forces fighting the Taliban insurgency.The attack on the military outpost Sunday came as...

England angered by India itinerary

2008-07-15 00:00:00

Mumbai's Brabourne Stadium will host its first Test match for 35 years when England tour India in November and December this year, after the ECB unveiled a proposed itinerary of seven one-day internationals and two Tests that it has received...

Landside kills 2 in Cox's Bazar

2008-07-15 00:00:00

COX'S BAZAR, July 14 (UNB): Landslide, triggered by heavy rains, killed two members of a family at Himchhari here Monday morning.The dead were identified as Amina Khatun (70) and her granddaughter Jannatara (14).Sources said the two were buried alive when...

corporatewatch

Tripti Industries de-listed from | 2008-07-15 00:00:00

Dhaka Stock ExchangeThe Dhaka Stock Exchange (DSE) has de-listed (discontinued the trading of the shares) the company following its amalgamation with the Olympic Industries Limited with effect from today (Tuesday).Monthly get-together of DSEmembers' todayThe monthly get-together (lunch) of DSE members...

Freedonia mkt research analyses global cement industry

2008-07-15 00:00:00

World demand for cement is forecast to grow 5.3 percent per year to 3.6 billion metric tons in 2012. Gains will be driven by strong increases in cement consumption in the developing countries of the world, fueled by rising income...

Emergency challenged

2008-07-15 00:00:00

Four Supreme Court lawyers challenged the validity of proclaiming state of emergency coupled with the promulgation of two ordinances and the High Court Monday started hearing on their writ petition, reports UNB.The President, on January 11, 2007, proclaimed the state...

Iran, Russia's Gazprom sign energy cooperation deal

2008-07-15 00:00:00

TEHRAN, July 14 (AFP): Iran and Gazprom yesterday signed an agreement for the Russian energy giant to help Tehran develop its oil and gas fields, days after Total dropped out of a multi- billion-dollar gas deal."The Iranian National Oil Company...

Benin envoy presents credentials

2008-07-15 00:00:00

Newly appointed non-resident Ambassador of Benin to Bangladesh Sedozan Jean-Claude Apithy presented his credentials to President Iajuddin Ahmed at Bangabhaban in the city Monday, reports UNB.Welcoming the envoy, the President said Bangladesh attached importance to her relations with Benin and...

CITYCELL to provide Tk 165m to run football

2008-07-15 00:00:00

Bangladesh Football Federation (BFF) Monday signed an agreement with mobile phone operator CITYCELL for the next three years to run the football tournaments, including three main events, reports UNB.Under the agreement, CITYCELL will provide Tk 165.0 million (16.5 crore) to...

Thai PM may face treason charge

2008-07-15 00:00:00

BANGKOK, Jul 14(AFP) :Anti-government activists today urged Thailand's top anti-corruption watchdog to consider treason charges against the prime minister for backing a deal with Cambodia on a disputed Hindu temple.The Constitutional Court last week ruled that Prime Minister Samak Sundaravej...

Overcoming the obstacles to promoting SMEs

Ahmed Showkat Masud | 2008-07-15 00:00:00

THE South Asia Enterprise Development Fund (SEDF) has been working with a programme to promote small & medium enterprises (SMEs) in Bangladesh. The Bangladesh Bank (BB) and the SEDF have conducted workshops to promote the concept of SMEs in the...

ADB, donors to provide $340m for food security measures

2008-07-15 00:00:00

Asian Development Bank (ADB) and other development partners will provide $340 million to help Bangladesh implement the social protection measures, particularly on food security, under the 2008-09 budget, report UNB and bdnews24.com."ADB will provide $170 million and others a similar...

Emirates chief slams British, EU aviation policies

2008-07-15 00:00:00

LONDON, July 14 (AFP): The president of Emirates airline today criticised the policies being imposed by Britain and the European Union on airlines that he said were stifling moves towards greater efficiency.In a comment piece in the Financial Times, Tim...

Feni customs division collects Tk 800m as VAT

2008-07-15 00:00:00

FENI, July 14 (BSS): Customs Excise and VAT Division of Feni has collected Tk 800 million as Value Added Tax (VAT) during the fiscal 2007-8.The division, which comprised Noakhali, Laxmipur, Feni and Khagrachhari districts as well as Mirersharai and Sitakunda...

Dhaka backs capacity building in Palestine, assures Iftekhar

2008-07-15 00:00:00

JAKARTA, JULY 14 (BSS): Foreign Adviser Iftekhar Ahmed Chowdhury said Monday that Bangladesh would support capacity- building in the State of Palestine in every possible way.Dr Iftekhar Ahmed Chowdhury said this while speaking at a Ministerial Conference on Capacity- Building...

Protecting the ordinary citizens first

2008-07-15 00:00:00

ONE of the many expectations that the caretaker government had brought in its wake is improvement in the law and order situation. In fact, such expectation was also not quite out of place either. The change that came with the...

Miss Venezuela is Miss Universe '08

2008-07-15 00:00:00

NHA TRANG (Vietnam), July 14 (AP): Miss Venezuela was crowned Miss Universe 2008 on Monday.The new Miss Universe, Dayana Mendoza, was once kidnapped in her homeland and says the experience taught her to remain poised under pressure.Taliana Vargas of Colombia...

Please save Lawachhara national forest

2008-07-15 00:00:00

WE are glad to learn that Chevron has completed their seismic survey in Lawachhara national forest and its adjoining areas. But we feel the forest is still not safe from further destructive activities by other quarters.Hundred years ago it was...

President condoles death of ex-BAU VC Zahirul Haque

2008-07-15 00:00:00

President Professor Dr Iajuddin Ahmed condoled Sunday the death of former Vice-Chancellor of Bangladesh Agriculture University Professor Dr Zahirul Haque Bhuiyan, reports BSS.In a message of condolence, the President expressed his deep shock at the death of Zahirul Haque, who...

HC asks Azam to surrender to lower court

2008-07-15 00:00:00

The High Court (HC) Monday directed Awami Jubo League general secretary Mirza Azam to surrender before the lower court within 10 days, reports BSS.A division bench comprising Justice Sharif Uddin Chaklader and Justice Emdadul Haque Azad issued the order on...

Bangladesh concede defeat against Pakistan

2008-07-15 00:00:00

Bangladesh Under-21 Hockey team suffered a humiliating 2-8 goals defeat against world giant Pakistan in their third and last Group B match of the 6th Men's Junior Asia Cup Hockey in Hyderabad, India, Monday, reports UNB.After the day's match, Bangladesh...