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Trust Bank opens branch in Moulvi Bazar

2007-06-19 00:00:00

FE ReportTrust Bank limited opened its new branch in Moulvi Bazar recently.Chief of Army Gen Moeen U Ahmed and Chairman of the bank inaugurated the new branch in Moulvi Bazaar, while Managing Director Iqbal U Ahmed was in the chair.Maj...

Apollo Hospitals, VSO Bangladesh sign deal

2007-06-19 00:00:00

FE ReportApollo Hospitals Dhaka signed a corporate agreement with Voluntary Service Overseas (VSO) Bangladesh to provide medical services and special corporate benefits to its staff in the city recently.Apollo Hospitals Director (Medical Services) and interim CEO Praful B Pawar and...

GM Chy of IBA made U&I alliance president

2007-06-19 00:00:00

FE ReportProfessor GM Chowdhury of Institute of Business Administration (IBA) has been elected founder president of University and Industry (U&I) Alliance.U&I is a management and educational consulting centre of the Dhaka University. Chowdhury has over 22 years of teaching and...

Unauthorised NGO doing brisk business in Sirajganj

2007-06-19 00:00:00

Our Correspondent SIRAJGANJ, June 18: An organisation named Al-Hera Samaj Kalyan Sangstha (AHSKS) is allegedly running brisk banking business in Sirajganj district, without obtaining any permission from Bangladesh Bank, NGO Bureau or even, without any certificate of Social Services Department...

Bank Asia launches SME banking

2007-06-19 00:00:00

FE ReportBank Asia Ltd, a leading private commercial bank, has launched banking operations for the Small and Medium Enterprises (SME).The programme 'Shaschhandya' will provide financial services to the SME businessmen for expansion of their current capital and fixed assets in...

First BSRS Mutual Fund announces NAV

2007-06-19 00:00:00

As per the Securities and Exchange Commission (SEC) Mutual Fund Rules 2001, First Bangladesh Shilpa Rin Shangsghta (BSRS) Mutual Fund, has announced its Net Asset Value (NAV) at the close of business on 31 May, 2007 of each certificate of...

AGM of National Life Ins on August 22

2007-06-19 00:00:00

The 22nd annual general meeting (AGM) of National Life Insurance Company Limited will be held on August 22, 2007 at 11:30 am at Dhaka Sheraton Hotel in the city. Other information of the AGM has been announced earlier.Purchase/ sale of...

EU backs new Palestinian government

2007-06-19 00:00:00

GAZA CITY, Gaza Strip, Jun 18 (AP): The emergency government that Palestinian President Mahmoud Abbas installed after Islamic militants seized control of Gaza reaped its first windfall Monday, with the European Union promising to restore hundreds of millions of dollars...

French President may shuffle his Cabinet

2007-06-19 00:00:00

PARIS, Jun 18 (AP): President Nicolas Sarkozy may shuffle his nascent government following the defeat of the No. 2 Cabinet official in weekend parliamentary elections, contests that gave him a comfortable majority but not the crushing victory predicted in polls....

Pakistani parliament protests honour for Rushdie

2007-06-19 00:00:00

ISLAMABAD, Jun 18 (Reuters): Pakistan's parliament has condemned the award of a British knighthood to author Salman Rushdie, whose novel "The Satanic Verses" outraged many Muslims around the world, and said Britain should withdraw the honour. Rushdie was awarded a...

All EU countries to lose out if there's no deal on new treaty: Germany

2007-06-19 00:00:00

LUXEMBOURG, Jun 18 (AFP): German Foreign Minister Frank-Walter Steinmeier warned Monday that all EU countries will lose out if there is no deal on a new treaty to drag the Union out of its institutional malaise. "If there is no...

ROK, US expect DPRK nuke shutdown in weeks

2007-06-19 00:00:00

SEOUL, Jun 18 (AFP): South Korean and US negotiators said Monday they expect North Korea to start closing down its reactor within weeks as the first step in a promised nuclear disarmament programme. The North announced Saturday it had invited...

Barred HIV-positive kids allowed back to school in India

2007-06-19 00:00:00

PAMBADY, Jun 18 (AFP): A school in southern India allowed a group of HIV-positive children back to class Monday after a six-month battle that has highlighted the stigma suffered by the country's AIDS sufferers. The Christian-affiliated school in the southern...

Australia, US launch massive war game

2007-06-19 00:00:00

SYDNEY, Jun 18 (AFP): Australia and the United States launched a massive war game Monday aimed at honing their ability to act together against threats to Asia-Pacific security, commanders said. More than 20,000 US troops and 12,000 Australians, backed by...

Bomb injures 14 in Thai Muslim south

2007-06-19 00:00:00

YALA, Thailand, Jun 18 (AFP): Fourteen people were wounded today when a bomb exploded inside a busy teashop in Thailand's Muslim- majority south, where a separatist insurgency is raging, police said. The bomb was planted under a table in the...

US-led airstrike kills 7 Afghan children

2007-06-19 00:00:00

KABUL, Jun 18 (AP): Seven children were killed in a US-led coalition airstrike targeting suspected al-Qaida militants in eastern Afghanistan, a coalition statement said Monday. The strike came hours after the deadliest insurgent attack since the Taliban fell in 2001....

Mongolia helicopter crash kills 14

2007-06-19 00:00:00

ULAN BATOR, Mongolia, Jun 18 (AP): A helicopter carrying firefighters and equipment crashed into a mountain last week, killing 14 of 22 aboard, a government official said Monday. The Russian-made Mi-8 helicopter disappeared Wednesday en route to a forest fire...

Muktis atop tally

2007-06-19 00:00:00

Muktijoddha Sangsad KC took the top slot of the league's points table beating Rahmatganj MFS by 3-1 goals in the return league match of the B League at the Bangabandhu National Stadium in the city Monday, reports UNB.Muktijoddha Sangsad secured...

Windies make England fight

2007-06-19 00:00:00

Andrew Strauss and Ian Bell both fell on the fourth morning as West Indies made England work hard, in helpful bowling conditions at Chester-le-Street, reports Cricinfo. With Paul Collingwood and Matt Prior at the crease, and not a lot else...

Roddick takes fourth Queen's Club title

2007-06-19 00:00:00

LONDON, Jun 18 (AP) : Andy Roddick won his fourth Queen's Club title Sunday, saving match point in the second set before beating France's Nicolas Mahut 4-6, 7-6 (9-7), 7-6 (7-2) in the final of the grass-court tune-up for Wimbledon.Roddick,...

Sharapova fallen to Jankovic in grass final

2007-06-19 00:00:00

BIRMINGHAM, Jun 18 (AP): Jelena Jankovic won her fourth title of the year Sunday, beating Maria Sharapova 4-6, 6-3, 7-5 to capture the final of the grass-court DFS Classic.Both players had to win semifinal matches earlier in the day at...

Organisers pledge 'spectator-friendly' 2011 World Cup

2007-06-19 00:00:00

The subcontinent will make the 2011 World Cup more spectator-friendly with affordable ticket prices. It is also likely that there will be changes to the format of the tournament. India, Pakistan, Sri Lanka and Bangladesh host the game's premier tournament...

Sheikh Russell rout Wari Club

2007-06-19 00:00:00

Sheikh Russell KC earned a straight 3-0 victory over Wari Club in the AB Bank Metropolis Senior Division Table Tennis (TT) League at the NSC wooden floor gymnasium in the city Monday.Mahbub (Russell KC) outplayed Babon (Wari Club) by 11-7,...

Warne doing well in English County Championship

2007-06-19 00:00:00

LONDON, Jun 18 (AFP): Shane Warne was one of several Australians starring Saturday on the second day of the latest round of matches in English cricket's first-class County Championship.Hampshire captain Warne, arguably cricket's greatest leg-spinner, took four for 76 but...

Corporatisation not a panacea for NCBs' problems

2007-06-19 00:00:00

THREE nationalised commercial banks (NCBs) - Sonali, Janata and Agrani - are now in the process of being corporatised, notwithstanding the fact that the government will continue to be their sole owner. The Bangladesh Bank has already issued licences to...

Let's draw the best lesson

2007-06-19 00:00:00

Qazi AzadTHE recent mudslides from some hills in Chittagong city and its suburbs, which killed 126 persons, both young and old, again exposed the reactive nature of our traditional management behaviour. After the disaster had struck, some government leaders and...

Waste treatment on a high priority

2007-06-19 00:00:00

Mahbubul HaqENVIRONMENTAL degradation of the city does call for taking steps on a high priority basis. The participants at a recent seminar on the environment of Dhaka city was organised by Japan International Cooperation Agency (JICA), were unanimous on their...

Annan to lead revolution for African farmers

2007-06-19 00:00:00

Alec Russelli from Cape Town KOFI Annan, the former United Nations secretary-general, has hailed as tough but "doable" his new mission to help reverse the decline of Africa's agriculture.Six months after he left the UN, Mr Annan is to head...

CG needs to continue work with a focused agenda

2007-06-19 00:00:00

BEFORE the take-over of power by the present caretaker government (CG), the country had seemingly become like a mail train without brakes. Now, people feel somewhat confident that there is some authority who, in a guardian like manner, would be...

Commercial utilisation and export of the valuable minerals at Cox's Bazar

2007-06-19 00:00:00

VAST deposits of valuable minerals -- 'Black-Gold' -- were found as late as in 1970 in Cox's Bazar and some of its surrounding areas. I have ever since been trying my best for getting all concerned involved in efforts for...