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France's Sarkozy set for big parliamentary majority

2007-06-15 00:00:00

PARIS, Jun 14 (Reuters): French President Nicolas Sarkozy is expected to win a huge parliamentary majority to help him push through tax and labour reforms when voters cast ballots for the fourth time in eight weeks in a run-off election...

Abbas mulls firing cabinet as Gaza clashes rage on

2007-06-15 00:00:00

GAZA CITY, Jun 14 (AFP): Hamas besieged a Fatah post in Gaza Thursday as factional clashes entered their second week and the Palestinian president mulled firing the teetering coalition cabinet uniting the rivals. An increasingly alarmed international community warned that...

Nepal parliament opens way to abolish monarchy

2007-06-15 00:00:00

KATHMANDU, Jun 14 (AFP): Nepal's parliament has for the first time given itself powers to abolish the monarchy in a move that piles pressure on the already hobbled 238-year-old Shah dynasty, analysts said Thursday. "The king has now been completely...

Sunni mosques attacked after Shiite shrine bombing

2007-06-15 00:00:00

BAGHDAD, Jun 14 (AFP): Two Sunni mosques were bombed in Iraq Thursday in apparent reprisal for an attack on a revered Shiite shrine, sparking fears of fresh sectarian bloodletting despite appeals for calm. Curfews were swiftly imposed in Baghdad and...

Britain marks 25th anniversary of Falklands war victory

2007-06-15 00:00:00

PANGBOURNE, England, Jun 14 (AFP): With sombre reflection, Britain's leaders, war veterans and bereaved relatives were Thursday marking the 25th anniversary of the end of the Falklands war with Argentina. Queen Elizabeth II and Margaret Thatcher, who was prime minister...

NKorea nuclear disarmament boost as funds transfer 'begins'

2007-06-15 00:00:00

TOKYO, Jun 14 (AFP): The long-delayed transfer of blacklisted North Korean assets from a Macau bank will begin Thursday, a report said, amid hopes of resolving the dispute which has held up a nuclear disarmament deal. Japan's Kyodo News, quoting...

US officials press Pakistan on free elections

2007-06-15 00:00:00

ISLAMABAD, Jun 14 (AFP): Top US diplomats are visiting Pakistan this week for talks with key anti-terror ally President Pervez Musharraf on holding free and fair elections due later this year, officials said Thursday. US Deputy Secretary of State John...

Myanmar reports fresh outbreak of bird flu

2007-06-15 00:00:00

YANGON, Jun 14 (AFP): Military-run Myanmar has detected a fresh outbreak of bird flu among poultry north of Yangon and has slaughtered some 1,000 chickens, a livestock official said Thursday. The deadly H5N1 strain of avian flu was found in...

Afghan minister dismisses US claims

2007-06-15 00:00:00

BRUSSELS, Jun 14 (AP): Afghanistan's defence minister Thursday dismissed claims by a top US State Department official that there was "irrefutable evidence" that the Iranian government was providing arms to Taliban rebels. "Actually, throughout, we have had good relations with...

Sri Lanka rebels planning attack on Colombo port

2007-06-15 00:00:00

COLOMBO, Jun 14 (AFP): Sri Lankan police have uncovered a plan by Tamil Tiger rebels to launch a suicide attack against the country's main sea port in the capital, a report said Thursday quoting police investigators. The Liberation Tigers of...

Bush plunges to new low in poll

2007-06-15 00:00:00

WASHINGTON, Jun 14 (AFP): US President George W. Bush's approval rating plunged to a new low of 29 per cent in the Wall Street Journal/NBC News poll, the Journal reported Thursday. With the public disenchanted by his Iraq strategy, and...

Fiji to expel New Zealand ambassador

2007-06-15 00:00:00

WELLINGTON, Jun 14 (AFP): Fiji's military regime has decided to expel New Zealand's top envoy in a "grave act" which will have serious consequences, New Zealand Foreign Minister Winston Peters said Thursday. The government of military leader Voreqe Bainimarama, who...

Xerox Corporation strengthens presence in Bangladesh

2007-06-15 00:00:00

FE ReportXerox Corporation, a US $17 billion (2007), Fortune 500 Company Thursday announced plans to further strengthen its presence in Bangladesh by expanding its offering to include Xerox Global Services (XGS) to help organisations improve productivity and reduce costs in...

Fortuna Apparels complying with buyers' conditions

2007-06-15 00:00:00

DU CorrespondentFortuna Apparels Ltd, a leading readymade garment (RMG) factory of the country, has taken several steps to comply with the conditions set by the foreign buyers.Fortuna Group Chairman Engineer M Abu Taher Thursday at a press conference at the...

Asian stocks jump led by exporters

2007-06-15 00:00:00

SINGAPORE, June 14 (Bloomberg): Asian stocks rose Thursday led by exporters after US Fed Reserve said that the growth of US economy will not be hampered by rising inflation and retail sales in US, whose showing has been better than...

European stocks rise as rate concern eases

2007-06-15 00:00:00

LONDON, June 14 (Bloomberg): European stocks advanced for a second day, led by exporters and mining companies, after concern diminished that interest rates will keep rising and metal prices rebounded in London. Michelin & Cie. and Siemens AG led an...

Tawfique new chairman of Oriental Bank

2007-06-15 00:00:00

FE ReportFormer deputy governor of Bangladesh Bank (BB) and Institute of Bankers Bangladesh Secretary General AH Tawfique Ahmed has been appointed chairman of The Oriental Bank Limited.The BB issuing an order appointed him the chairman of the bank.After obtaining his...

Training workshop on agro-resources begins in Rangpur

2007-06-15 00:00:00

RANGPUR, June 14 (BSS): A three-day training workshop for unemployed youths on 'Development of Agriculture, Pisciculture and Animal Husbandry Resources' began on Pirgachha Model Primary School premises of the district Wednesday.Pirgachha upazila administration organised the workshop with the assistance of...

Mercantile Bank workshop on Understanding UCP-600' held

2007-06-15 00:00:00

FE Report Mercantile Bank Limited (MBL) organised a day-long workshop on 'Understanding UCP-600' in the city recently. MBL Deputy Managing Director AKM Shahidul Haque inaugurated the workshop. MBL Senior Executive Vice President (SEVP) and International Division head MA Yousuf Khan,...

US stocks signal flat open

2007-06-15 00:00:00

NEW YORK, June (AP): Stocks moved toward a flat open Thursday ahead of much-anticipated economic readings on inflation that could validate or undercut a stock market rally Wednesday that followed a string of volatile back-and-forth sessions.Wall Street has for days...

Nurun Newaz made chairman of NCC Bank EC

2007-06-15 00:00:00

FE Report Nurun Newaz has been elected chairman of the executive committee (EC) of the National Credit and Commerce Bank Limited (NCC Bank).The board of directors of the NCC Bank elected him chairman of the committee in a meeting recently....

corporatewatch

2007-06-15 00:00:00

Company credits its stock dividendBank Asia: Bank Asia Limited has stated that it has credited 25 per cent stock dividend for the year 2006 to the respective shareholders' BO accounts.AB Bank: The board of directors of Arab Bangladesh (AB) Bank...

Raising of import duty on sugar to protect public sector industries demanded

2007-06-15 00:00:00

FE ReportBangladesh Sugarcane Industries Development Forum (BSIDF) has urged the Caretaker Government (CG) to increase import duty on raw sugar from Tk 4,000 to Tk 5,000 per tonne, and on refined sugar from Tk 5,000 to Tk 8,000 per tonne,...

Dhaka needs to sign trade deals with foreign nations

2007-06-15 00:00:00

FE ReportBangladesh, which requires overseas investment for economic development, needs to sign deals on expansion of capital investment and protection, and trade promotion with foreign countries to restore confidence of investors. Official sources said a government move to sign such...

British Airways offers 23-kg extra weight for students

2007-06-15 00:00:00

FE ReportBritish Airways has made a special offer for students who want to go abroad for studying. The British national flag-carrier is all set to carry 23-kg extra weight for students who will be able to carry their world with...

StanChart, Nat'l Life Ins sign deal

2007-06-15 00:00:00

FE ReportStandard Chartered (StanChart) Transaction Banking signed an agreement with National Life Insurance (NLI) Company Ltd. in the city recently.StanChart Director and Head of Transaction Banking Mirza Aminur Rahman and NLI Managing Director Habibur Rahaman Sikder signed the agreement on...

Sirajul Islam new chairman of Nat'l Tea Co Ltd

2007-06-15 00:00:00

FE ReportMd Sirajul lslam, secretary to President Iajuddin Ahmed, has been elected chairman of National Tea Company Limited at its board meeting in the city Sunday.He will serve as the chairman until the holding of the next annual general meeting...

Luna invited to EUWIIN panel

2007-06-15 00:00:00

FE ReportDohatec Chairman Luna Shamsuddoha has been invited as a speaker on a panel of leading innovators on "Women's Unique Role in Driving Innovation" at the European Women Inventors and Innovators Network (EUWIIN) Conference, being held in Berlin on June...

IBBL workshops held in Sylhet, Comilla

2007-06-15 00:00:00

FE Report International Banking Wing of the Islami Bank Bangladesh Limited (IBBL) recently organised two workshops on 'Foreign Trade and Remittance: Vision 2007' in Sylhet and Comilla.IBBL executive committee Chairman Mominul Islam Patwary attended both the workshops as the chief...

Sugar mills in N region disbursing loans among farmers

2007-06-15 00:00:00

NATORE, Jun 14 (BSS): The authorities of North Bengal Sugar Mill and Natore Sugar Mill in the district are disbursing loans among the marginal sugarcane farmers for seeds, fertilisers and irrigation facilities in the next season.Meanwhile, a huge quantity of...