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HSBC to spend $100m to combat climate change worldwide

2007-06-07 00:00:00

FE ReportThe HSBC Group recently announced a five-year $100 million  (10 crore) HSBC climate programme partnering with four world-class environmental organisations to inspire action by individuals, businesses and governments world-wide and engaging its staff to improve the climate change impacts...

BSTI fines seven business houses

2007-06-07 00:00:00

RAJSHAHI, Jun 6 (BSS): A mobile court of Bangladesh Standards and Testing Institution (BSTI) fined seven dishonest business establishments Tk 3,300 in Rajshahi town Tuesday.According to the BSTI sources, as part of the ongoing drive against adulteration in food items...

Lux, Channel-i launch new superstar hunt

2007-06-07 00:00:00

FE ReportThe launching ceremony of the 3rd Lux Channel-i Superstar 2007 was held in a city hotel Monday. Unilever Bangladesh Ltd Brands and Development Director Naushad Chowdhury, Impress Telefilm Managing Director Faridur Reza Sagar, and Asiatic MCL DMD Asaduzzaman Noor...

AKTEL reduces call rates

2007-06-07 00:00:00

FE ReportAKTEL, the country's one of the leading cellphone operators, offered exclusive call rates for its Joy and Power subscribers from June 3.Under the offer, subscribers are now able to talk to any operator at Tk 1.50/minute from 12:00 pm...

Dhaka Bank holds discussion

2007-06-07 00:00:00

FE ReportDhaka Bank Training Institute (DBTI) held a discussion on anti-money laundering issues recently.A total of 25 executives and officers from Narayanganj and Madhabdi branches including branch managers participated in the programme.The two sessions of the programme were conducted by...

Lakiotullah new MD of Jamuna Bank

2007-06-07 00:00:00

Mohammed Lakiotullah had been appointed managing director (MD) of Jamuna Bank Limited Monday.Prior to his new assignment, Lakiotullah served in the EXIM Bank as its founder managing director for about eight years.He also served in United Bank of Pakistan, Janata...

Lux, Channel-i launch new superstar hunt

2007-06-07 00:00:00

FE ReportThe launching ceremony of the 3rd Lux Channel-i Superstar 2007 was held in a city hotel Monday. Unilever Bangladesh Ltd Brands and Development Director Naushad Chowdhury, Impress Telefilm Managing Director Faridur Reza Sagar, and Asiatic MCL DMD Asaduzzaman Noor...

CCCI makes 8-pt recommendation for smooth supply of essential goods

2007-06-07 00:00:00

Our CorrespondentCHITTAGONG, June 06: With a view to ensuring uninterrupted supply of the essential consumer goods and keeping the supply chain normal, Chittagong Chamber of Commerce and Industry (CCCI) made an 8-point recommendation for consideration of the caretaker government.CCCI president...

BKB holds training on SME reporting

2007-06-07 00:00:00

FE ReportBangladesh Krishi Bank (BKB) organised a two-day training programme on SBS-1,2,3 and SME reporting at its training institute of in the city on June 2 and June 3. Deputy general managers, chief regional managers, regional managers and officials of...

Most Asian stocks inch lower

2007-06-07 00:00:00

SINGAPORE, June 06 (Reuters): Most major Asian share markets inched lower and the dollar slipped Wednesday, after comments from U.S. Federal Reserve Chairman Ben Bernanke dashed hopes for an interest rate cut this year in Asia's top export market. European...

RB Group names winners of World Cup '07 campaign

2007-06-07 00:00:00

FE ReportRB Group (RBG) has announced the names of the winners of its "World Cup Cricket - 2007" campaign in the city recently.Among others, Bangladesh cricket team captain Mohammad Ashraful, Walton Senior Deputy Director Illias Kanchan and RBG Director Ashraful...

Harun re-elected Asia Insurance chairman

2007-06-07 00:00:00

Yussuf Abdullah Harun has been unanimously elected chairman of the board of directors of Asia Insurance Limited in its 47th meeting held in the city recently.Harun is an adviser of SAARC Chamber of Commerce and Industry (SCCI).He is a vice-president...

IBBL, Al Ahalia sign instant cash arrangement deal

2007-06-07 00:00:00

FE Report Islami Bank Bangladesh Limited (IBBL) and United Arab Emirates (UAE)-based Al Ahalia Money Exchange recently signed an agreement on instant cash arrangement to ensure the sending of hard-earned money of the Bangladeshi expatriates working in the UAE. IBBL...

Clarification

2007-06-07 00:00:00

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) contradicted a part of a news item published in the June 5 issue of The Financial Express under the headline "BGMEA, DEPZ to recruit poor workers from Rangpur region." In the news item,...

corporatewatch

2007-06-07 00:00:00

AGM of Islamic Finance todayIslamic Finance: The sixth annual general meeting (AGM) of Islamic Finance and Investment Limited will be held today (Thursday) at 11:00 am at Officers' Club, Baily Road in the city. Other information of the AGM was...

US, Russia on collision course at G8 summit

2007-06-07 00:00:00

HEILIGENDAMM, June 6 Germany (AFP): A war of words between the United States and Russia threatens to overshadow the Group of Eight summit which starts here Wednesday with climate change officially topping the agenda. A massive security operation swung into...

Indian guerrillas shifting to Nepal, ex-rebel says

2007-06-07 00:00:00

GUWAHATI (AFP): One of the main guerrilla groups fighting Indian rule in the remote northeast is shifting its camps to Nepal following crackdowns in other neighbouring countries, an ex-rebel said Wednesday. The United Liberation Front of Asom (ULFA), blamed for...

Japan warns Russia over islands dispute

2007-06-07 00:00:00

TOKYO (AP): Japan's foreign minister warned Russia on Wednesday not to make any provocative moves over four Russian-held islands that both nations claim. Foreign Minister Taro Aso told Japan's parliament that Tokyo had filed a request through Russia's Foreign Ministry...

Sporadic fighting grips north Lebanon camp

2007-06-07 00:00:00

NAHR AL-BARED, Lebanon June 6 (Reuters): Lebanese troops and al Qaeda-inspired militants fought sporadically at a refugee camp in north Lebanon on Wednesday and a Palestinian force took up positions to defuse tension at another camp in the south. Soldiers...

Two simultaneous blasts kill seven in Baghdad

2007-06-07 00:00:00

BAGHDAD (AP): Two simultaneous car-bomb explosions Wednesday rocked the neighborhood of the capital's holiest Shiite Muslim shrine, killing at least seven people and wounding 27 others, police reported. One blast, from a parked car, struck al-Zahraa Square, an intersection a...

Bloody May reflects mounting insurgency in Thai south

2007-06-07 00:00:00

BANGKOK, June 6 (Reuters): The separatist insurgency intensified in Thailand's Muslim-majority south last month, taking the number of people killed since January 2004 past 2,300, a researcher in the region said on Wednesday. Srisompob Jitpiromsri of the Prince of Songkhla...

Partisan sniping clouds US immigration bill

2007-06-07 00:00:00

WASHINGTON, June 6 (AFP): Doubt grew Tuesday over the fate of a crucial US Senate bill which grants a path to citizenship for around 12 million illegal immigrants, as partisan sniping broke out over the timing of votes. Republicans warned...

Lanka train blast wounds four

2007-06-07 00:00:00

COLOMBO (AFP): A bomb exploded under a passenger train in Sri Lanka's embattled east on Wednesday, wounding at least four people, military officials said. A mine buried along the track went off as the train was at Navaladi in the...

Malaysia's widowed prime minister to wed

2007-06-07 00:00:00

KUALA LUMPUR, June 6 (AFP): Malaysia's widowed prime minister will marry on Saturday, his office said Wednesday. Abdullah Ahmad Badawi (67) will marry Jeanne Abdullah, 53, according to a statement posted on the prime minister's website. The ceremony will take...

Evacuation of coastal areas as cyclone hits Iran

2007-06-07 00:00:00

TEHRAN, June 6 (AFP): Iran Wednesday ordered people living on the coast or river banks in two southern provinces to move inland to escape the onslaught of one of the strongest cyclones to hit the region in years. The interior...

Australian train crash probe begins

2007-06-07 00:00:00

KERANG, Australia, June 6 (AFP): Investigations began Wednesday into what caused Australia's worst train disaster in decades as rescuers went about the gruesome task of recovering bodies from the mangled wreckage. Rescue crews set up a temporary morgue at the...

Pak chief judge's lawyer urges pressure on Musharraf

2007-06-07 00:00:00

HONG KONG, June 6 (AFP): The lawyer for Pakistan's top judge, ousted by President Pervez Musharraf, on Wednesday urged the US and Britain to put pressure on the military ruler to ensure "free and fair" polls in the country. Retired...

Asia settle 317-run target for Africa

2007-06-07 00:00:00

Mohammad Yousuf and Mahela Jayawardene were the architects of an Asian batting effort that mustered a formidable 317 against the Africans at Bangalore's Chinnaswamy Stadium, according to Cricinfo. After the aggressive intent shown by Virender Sehwag and Sourav Ganguly, the...

Shoaib set to return for one-dayers

2007-06-07 00:00:00

KARACHI, Jun 6(Internet): Pakistan paceman Shoaib Akhtar is in line for a recall to the national side after he was included in a list of 20 players due to attend a conditioning camp ahead of two one-day internationals (ODIs) in...

Eng vs WI third Test from today

2007-06-07 00:00:00

England will have a fourth successive series win over West Indies in their sights when the two sides meet in the third Test at Old Trafford today (Thursday), reports BBC. Michael Vaughan's side lead 1-0 with two matches to play...