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Govt borrows Tk 7.00b thru' treasury bills

2007-06-18 00:00:00

FE ReportThe government borrowed Tk 7.00 billion (700 crore) Sunday through auctions of treasury bills. It will result in withdrawal of Tk 7.00 billion from the market in the week.The central bank conducted auctions of 28-day, 91-day and 364-day bills...

EU to raise TRTA to 2b euros by 2010

2007-06-18 00:00:00

DU CorrespondentAmbassador of the European Commission (EC) to Bangladesh Stefan Frowein Sunday said the European Union (EU) would raise its trade related technical assistance (TRTA) to 2.0 billion euros by 2010 for Bangladesh to enable the country face various challenges...

DBBL donates Tk 2.5m for distressed people of Ctg

2007-06-18 00:00:00

FE Report Dutch-Bangla Bank Limited (DBBL) donated Tk 2.5 million (25 lakh) for the distressed people of Chittagong. DBBL Managing Director Md Yeasin Ali handed over the cheque of the said amount to Adviser for Communications, Shipping, Civil Aviation and...

Thrust on feasibility study before investment decisions

2007-06-18 00:00:00

FE ReportSpeakers at a workshop recently said, before making investment decisions in the industrial financing sector by the banks, financial institutions and the entrepreneurs, it is very important to undertake a detailed feasibility study. They made the observation at the...

1st int'l confce of young economists held in city

2007-06-18 00:00:00

FE ReportThe First International Conference of Young Economists 2007 (ICYE '07), organised by the Young Economists' Forum (YEF) of North South University (NSU), was held at a city hotel Sunday. University Grants' Commission (UGC) Chairman Nazrul Islam inaugurated the daylong...

Poland to recruit Bangladeshi workers in infrastructure sector

2007-06-18 00:00:00

Poland is interested to recruit Bangladeshi workers for construction and infrastructure sectors of the European country to fill vacancies created there through migration of their own people to high-salaried European Union (EU) countries, reports UNB."We discussed the possibilities of Bangladeshi...

Titan outlet opens at Bashundhara City

2007-06-18 00:00:00

FE ReportTitan started a new retail experience for consumers by launching its exclusive showroom 'World of Titan' at Bashundhara City Mall in the city Sunday.Noted TV actress and theatre personality Bipasha Hayat inaugurated the showroom. Kallol Group of Companies Managing...

Green Delta Ins honours book lover Polan Sarkar

2007-06-18 00:00:00

FE ReportIn the continuing step for Corporate Social Responsibility (CSR), Green Delta Insurance Company Limited (GDICL) honoured renowned book lover Polan Sarkar of Rajshahi.GDICL Managing Director and Chief Executive Officer (CEO) Nasir A Chowdhury handed over more than 300 books...

Agriculture Tech Fair ends in Barisal

2007-06-18 00:00:00

BARISAL, June 17 (BSS): A three-day 'Krishi Prajukti Mela' (Agriculture Technology Fair) was concluded here on the premises of Barisal regional office of the Department of Agriculture Extension (DAE) Saturday.The concluding function was presided over by DAE Deputy Director GMS...

Gulf Oil holds distributors'confce

2007-06-18 00:00:00

FE ReportThe annual distributors' conference of Gulf Oil Bangladesh Limited was held in Cox's Bazar Friday. Among others, the company's Chairman V Ramesh Rao, CEO TM Mazumder, Director V Satish Kumar, Company Secretary ATM Nurun Nobi and Sales Manager Nazmul...

Plea for withdrawal of 4.5pc VAT from tuition fees

2007-06-18 00:00:00

DU CorrespondentThe Association of Private Universities of Bangladesh made a plea to the caretaker government for withdrawal of the proposed 4.5 per cent VAT from the tuition fees of private universities, said a press release.The Vice-Chancellors of some 35 private...

CRAB, State Bank of India sign deal for credit rating

2007-06-18 00:00:00

FE ReportState Bank of India (SBI) recently signed an agreement with Credit Rating Agency of Bangladesh (CRAB) for the credit rating of the bank's Bangladesh operations, said a press release. Under the agreement, CRAB, the leading credit rating agency will...

Eight fair price shops opened in Lakshmipur

2007-06-18 00:00:00

LAKSHMIPUR, June 17 (BSS): The District Banik Samity under supervision of the joint forces opened eight fair price shops at municipality office premises in the town Saturday.District Army Camp Commander Dewan Akbar Ali inaugurated the shops while local Deputy Commissioner...

Intel to enhance its Itanium chips

2007-06-18 00:00:00

ROME, June 17 (AP): Intel ignited a new round of competition with Sun Microsystems and International Business Machines today by announcing plans to bring its most advanced chip-making technology to its Itanium line of business chips for the first time.The...

Change of AGM, EGM date of AB Bank

2007-06-18 00:00:00

AB Bank: Arab Bangladesh (AB) Bank Limited has stated that due to some unavoidable circumstances, the bank has decided to re-fix the date of holding annual general meeting (AGM) and extra-ordinary general meeting (EGM) of the bank on September 04,...

EU foreign ministers gather in Luxembourg for key treaty talks

2007-06-18 00:00:00

LUXEMBOURG, Jun 17 (AFP): European foreign ministers Sunday begin a frantic week of diplomatic talks aimed at reaching agreement on the path towards a new EU treaty to replace the bloc's failed constitution. At their evening meeting in Luxembourg they...

Abbas swears in new Palestinian cabinet

2007-06-18 00:00:00

RAMALLAH, West Bank, Jun 17 (AFP): Palestinian president Mahmud Abbas swore in his new cabinet Sunday, further sealing the divide sparked by Hamas's bloody takover of the Gaza Strip, where fears of a humanitarian crisis are mounting. Palestinian officials hope...

Thousands cheer suspended Pakistan judge

2007-06-18 00:00:00

FAISALABAD, Jun 17 (AFP): Thousands of Pakistanis braved the rain here Sunday to cheer the country's top judge, keeping the pressure on President Pervez Musharraf to end a crisis over the chief justice's ouster. About 5,000 lawyers and opposition party...

Suicide bomber blows up Kabul bus, kills dozens

2007-06-18 00:00:00

KABUL, Jun 17 (Reuters): A Taliban suicide bomber blew up a police bus in the Afghan capital Sunday, killing around 35 people in one of Kabul's deadliest explosions in recent months amid rising nationwide violence, police said. The blast tore...

S Korea welcomes North's invitation of IAEA team

2007-06-18 00:00:00

SEOUL, Jun 17 (Reuters): South Korea has welcomed North Korea's invitation to the United Nations nuclear watchdog to send a delegation to Pyongyang, a possible first step towards its nuclear disarmament. North Korea's state news agency said late Saturday the...

Sarkozy set for big mandate as French vote in new Assembly

2007-06-18 00:00:00

PARIS, June 17 (AFP): French President Nicolas Sarkozy looked set to win a sweeping mandate for his ambitious programme of reforms Sunday, as the French go back to the polls to elect a new National Assembly, the lower house of...

Lebanon army, Islamist militants clash at camp

2007-06-18 00:00:00

NAHR AL-BARED, Jun17 (Reuters): Lebanese troops and al Qaeda-inspired militants fought sporadically Sunday at a Palestinian refugee camp in north Lebanon, the scene of often ferocious battles that have entered their fifth week. Witnesses said heavy overnight clashes erupted between...

Iran says new nuclear talks with EU possible soon

2007-06-18 00:00:00

TEHRAN, Jun 17 (Reuters): Iran's chief nuclear negotiator and the European Union's foreign policy chief may meet again in the next few days for talks on Tehran's disputed nuclear programme, the Iranian Foreign Ministry said Sunday. Iran's Ali Larijani and...

Kidnapped BBC man to be released 'soon:' Hamas

2007-06-18 00:00:00

GAZA CITY, Jun 17 (AFP): BBC journalist Alan Johnston, kidnapped in Gaza more than three months ago, should be released "soon," a spokesman for Hamas said Sunday. "Major efforts are underway which should end soon with the liberation of Alan...

Curfew lifted in Baghdad

2007-06-18 00:00:00

BAGHDAD, Jun 17 (Reuters): Iraqis slowly began returning to the streets of Baghdad when a curfew was lifted Sunday, four days after the bombing of a revered Shi'ite Muslim mosque to the north sparked fears of reprisal sectarian attacks. But...

Thousands of Thais in anti-junta rally

2007-06-18 00:00:00

BANGKOK, Jun17 (AFP): Thousands of supporters of ousted Thai premier Thaksin Shinawatra braved rainy skies and heavy security late Saturday to protest against the junta that deposed him. The demonstration came a day after Thaksin addressed crowds in a recorded...

Sheikh Russell sink Ctg Abahani

2007-06-18 00:00:00

Sheikh Russel KC registered their sixth win in the B League, beating Chittagong Abahani by 4-3 goals in an exciting second phase match at the Bangabandhu National Stadium (BNS) in the city Sunday, reports UNB.With this win, Sheikh Russell KC...

16 picked up for phase-3 camp

2007-06-18 00:00:00

Bangladesh Cricket Board Sunday picked up 16 pace bowlers to join the phase-3 camp of the Grameenphone (GP) Pacer Hunt programme to be held from June 20 to 28 at the BKSP in Savar, reports UNB.The selected pacers have been...

Chanderpaul steers West Indies

2007-06-18 00:00:00

England nipped out two wickets on the third morning at Chester-le-Street but, once again, one West Indian stood doggedly in their way: Shivnarine Chanderpaul, who was dropped by Ian Bell on 9 Saturday afternoon, according to Cricinfo. Play began on...

Pakistan to interview Aussie trio

2007-06-18 00:00:00

Pakistan have shortlisted Australian trio Geoff Lawson, Richard Done and Dav Whatmore for the job of coaching the national team, it has been announced. The Pakistan Cricket Board (PCB) is searching for a foreign coach to replace former England player...