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Relief in store for cable customers

2007-06-17 00:00:00

It has been 11 years since Congress voted to break the cable television industry's stranglehold on set-top boxes -- the devices that consumers need to receive digital programming and change channels.So why are you still paying $5 or more a...

Apple Safari for Windows beta review

2007-06-17 00:00:00

Michael DeAgoniaWith new patches out this week, this is not a beta to adopt wholesale, but you should look at it if you value the Macintosh GUI and/or need high speed Web browsing. It also cements Safari’s role as a...

Thai terminates Ctg airport contract with govt

2007-06-17 00:00:00

FE Report Thai Airways International has unilaterally terminated a contract to operate Chittagong's international airport following Bangladeshi authorities' repeated failure to hand over management of the airport, according to a report received in Dhaka Friday. Thai's board on Thursday resolved...

Al-Arafah Bank goes online

2007-06-17 00:00:00

FE ReportAl-Arafah Islami Bank Limited went online with Ababil, an Islamic Shariah compliant and centralised banking solutions, developed by Millennium Information Solution Ltd recently.A total of 22 branches out of 46 have been brought under software by the implementation team....

Automated trading of ICB AMCL fund starts June 20

2007-06-17 00:00:00

FE ReportAutomated trading of the ICB AMCL First Mutual Fund in Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) will start from June 20.In this connection an agreement was signed recently between Central Depository Bangladesh Limited (CDBL) and ICB...

CCCI nominates Amirul as director of FBCCI

2007-06-17 00:00:00

FE Report The Chittagong Chamber of Commerce and Industry (CCCI) has unanimously nominated its director Muhammed Amirul Haque as director of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI). The CCCI, earlier, in its board meeting held at...

Walton opens outlet at Companyganj

2007-06-17 00:00:00

FE ReportCountry's leading electrical, electronic and automobile brand Walton opened its showroom 'Sarker Enterprise' at Companyganj in Comilla recently.Senior Deputy Director of Walton and noted film actor Illias Kanchan inaugurated the outlet.Proprietors of Sarker Enterprise Abu Musa Alkabir and Sabur...

Formulation of livestock policy at final stage

2007-06-17 00:00:00

The government will provide financial and technical support for the entrepreneurs to develop the livestock sector, reports BSS.Secretary to Ministry of Fisheries and Livestock Syed Ataur Rahman disclosed this while addressing a workshop as the chief guest in the city...

Jamdani evokes keen interest in Kunming Fair

2007-06-17 00:00:00

Bangladesh's Jamdani sarees are getting momentum among the fashion-loving Chinese women despite having thousands of years of their own fashion and tradition, reports BSS from China's Kunming. The buying spree for Bangladeshi Jamdani sarees among the Chinese women was remarkable...

Demand for greenback lower

2007-06-17 00:00:00

Sarwar Zahan The US dollar weakened against the Bangladesh taka (BDT) last week due to lower demand for the greenback. The exchange rate of the greenback ranged between Tk 68.70 and Tk 69.00 against the previous week's range of between...

DBBL, NCCBL sign ATM sharing deal

2007-06-17 00:00:00

FE ReportDutch-Bangla Bank Limited (DBBL) has signed an ATM sharing agreement with National Credit and Commerce Bank Limited (NCCBL) in the city recently.Under the agreement, the NCCBL customers will be able to withdraw money from the ATM booths of DBBL,...

Prime Bank donates money to SEID

2007-06-17 00:00:00

FE ReportPrime Bank Limited made a donation as part of its corporate social responsibility to Society for Education of the Intellectually Disabled (SEID), Bangladesh. Prime Bank Limited Managing Director M Shahjahan Bhuiyan handed over a donation cheque to SEID President...

Prices of essentials mark sharp rise in Rajshahi

2007-06-17 00:00:00

Our CorrespondentRAJSHAHI, June 16: Prices of essentials have risen in the city markets once again while there was a slight fall in price of rice during the weekend. After visiting different kitchen markets, this correspondent found that the price of...

Wilson appointed Chevron Bangladesh MD

2007-06-17 00:00:00

FE ReportSteve Wilson has been appointed managing director of Chevron Bangladesh from June 16. Prior to the appointment, he held the position of general manager of new opportunities and commercial development in Nigeria's Lagos.Wilson received his Masters degrees in Chemical...

Training course of NASCIB ends

2007-06-17 00:00:00

FE ReportThe training course on entrepreneurial development, jointly organised by SME Cell, Ministry of Industries, and National Association of Small and Cottage Industries of Bangladesh (NASCIB), concluded in the city recently.NASCIB President Mirza Nurul Ghani Shovon presided over the concluding...

ACI, Energypac sign hybrid rice promotion deal

2007-06-17 00:00:00

FE ReportACI Seed Ltd and Energypac Agro Ltd (EAL) have signed an agreement on joint promotion of hybrid rice cultivation in the country. According to the agreement, both companies will organise farmers' training programmes and demonstration activities throughout the country...

Soaring hilsha catches fail to impact price

2007-06-17 00:00:00

BARISAL, Jun 16 (bdnews24.com): Fishermen in the south are netting large numbers of hilsha fish from the confluence of coastal rivers. However, as deep-sea fishing of hilsha has been interrupted due to inclement weather, the huge catches are failing to...

Asian stocks advance as commodity prices climb

2007-06-17 00:00:00

SYDNEY, June (Bloomberg): Asian stocks rose for a second day, led by BHP Billiton Ltd and Sumitomo Metal Mining Co, after prices of copper, nickel and crude oil climbed. "Globally, economic growth looks strong enough to sustain high levels of...

European stocks climb on beige book

2007-06-17 00:00:00

LONDON, June 16 (Bloomberg): European stocks rebounded this week after the US Federal Reserve said the world's biggest economy is growing without causing inflation, consumer prices rose less than forecast and several companies became the subject of takeover talk. J...

IPO diary

2007-06-17 00:00:00

Bangladesh Finance and Investment Company Ltd Nature of Business: Lease Finance & Term Finance Subscription Opens: June 10 2007Subscription Closes: June 14 2007 Subscription for NRB: June 10, 2007 to June 23, 2007 Offer Price (Tk.): 100.00 Market lot (Share):...

3pc DU students expelled every yr

2007-06-17 00:00:00

Belal Hossain Around three per cent students, or about 800, are expelled from different faculties, institutes and affiliated colleges of Dhaka University every year for adopting unfair means in examinations, ultimately putting an end to their studentships. DU Administrative sources...

Tornado sweeps over a village in Lalmonirhat

2007-06-17 00:00:00

LALMONIRHAT, June 16 (UNB): A tornado lashed a village in Sadar Upazila Saturday morning, leaving five people injured.Sources said the violent storm swept over Ayrkhamar village at 10.30 am. Lasting about 15 seconds, the twister damaged over 100 houses, schools...

Journalist Kazi Zahid dies

2007-06-17 00:00:00

Kazi Zahid, a news editor (international affairs) of ATN Bangla, died of cardiac arrest at his office in the city Saturday. He was 57, reports BSS. He left behind his wife, a son, a daughter and a host of relatives...

Obituary

2007-06-17 00:00:00

Eminent social worker and businessman Golam Mabud Chow-dhury (Babu) passed away at his Panchlaish residence Thursday. He was 69, said a press release.Babu had been suffering from cancer for a long time. He was the second son of former judge...

Academic feat

2007-06-17 00:00:00

FE Report Mohammad Monir Hossain, roll- 300001 under Madrasah Board, obtained GPA-5 from Government Madrasah-e-Alia, Dhaka, in the Dakhil examination from science group this year. His father Shahid Ullah and mother Morium Begum sought blessings of all for his further...

Shishir

2007-06-17 00:00:00

A K M Sarwer Kabir (Shishir) has scored GPA-5 in all subjects in the SSC examination-2007 from Motijheel Model High School and College. Shishir is the youngest son of Humayun Kabir, an official of Rupali Bank head office and Akhtar...

Abbas to unveil cabinet as Hamas tightens Gaza grip

2007-06-17 00:00:00

RAMALLAH, West Bank, June 16 (AFP): A new Western-backed Palestinian government was set to take office Saturday, sealing the divide of the Palestinians as Hamas fighters tightened their grip on power in the Gaza Strip. President Mahmud Abbas, bolstered by...

Pakistan's top judge leads rally as US officials meet Musharraf

2007-06-17 00:00:00

ISLAMABAD, June 16 (AFP): Thousands of Pakistanis turned out in support of the country's suspended chief justice Saturday as top US officials held talks with embattled President Pervez Musharraf. An enthusiastic flag-waving crowd gave a warm welcome to top judge...

China promises action on slave labour claims

2007-06-17 00:00:00

HONGTONG, China, June 16 (Reuters): China has promised a sweeping crackdown on a slave labor scandal in a poor part of the country where poverty and unbridled growth have made work abuses commonplace. Following calls for action by top leaders,...

Taiwan parliament rejects most of US arms package

2007-06-17 00:00:00

TAIPEI, June 16 (AFP): Taiwan's parliament has rejected most of a controversial arms package first offered by US President George W. Bush in 2001 as a way to bolster the island's defences against China. Late Friday, lawmakers approved a total...