FE Report | 2008-06-18 00:00:00
When there is a national effort to promote potatoes as substitute for staple rice, a local French fry producer is getting negative response from local banks to financing expansion of its plant.Quality French Fried Potato, which produces 10 tonnes of...
Home Affairs Adviser Maj Gen (retd) MA Matin Tuesday urged all to join the fight against human smuggling, as some 50 Bangladeshi girls are lured out to India everyday and coerced into prostitution, reports UNB."Organised criminals earn billions of dollars...
Bangladesh A team, led by skipper Zunaed Siddiqui, is likely to leave for Ireland Thursday night to play one three-day and two one-day matches against Ireland, reports UNB.On completion of Ireland campaign the A team will go to England on...
Some 251 teachers of Dhaka University (DU) have urged the government to release former Prime Minister (PM) and BNP Chairperson Khaleda Zia and her two sons and arrange their proper treatment, reports UNB.In a joint statement Tuesday, they said that...
GUWAHATI, (Internet): India's External Affairs Minister Pranab Mukerjee Sunday stressed the need for improving connectivity with the South Asian neighbours and strengthening bilateral relations with them to boost business and attract investments."Economic development in the northeast will depend on how...
KUALA LUMPUR, June 16 (AFP): Malaysia premier Abdullah Ahmad Badawi has warned of a "real disaster" unless bold steps are taken to tackle the global inflation crisis.Abdullah told the World Economic Forum (WEF) on East Asia in an opening address...
Krishna Guha | 2008-06-17 00:00:00
FT Syndication ServiceWASHINGTON: The US is concerned that the illicit network set up by Pakistani scientist AQ Khan may have distributed designs for nuclear warheads as well as uranium enrichment technology.Stephen Hadley, US national security adviser, told reporters on Sunday:...
FE Report | 2008-06-17 00:00:00
A day-long seminar on "Prevention of Money Laundering" jointly organised by IFIC Bank Academy and Central Compliance Unit of Prevention of Money Laundering of the bank was held at Chamber Building in the city recently.IFIC Bank Limited Managing Director Mosharraf...
Detained former Prime Minister Khaleda Zia Monday declined to apply for her release, saying that she won't sign any bond for freedom, report UNB/bdnews24.comShe accused the government of worsening health condition of her two sons in custody."When they (sons) were...
MANILA, June 16 (Xinhua): The Philippines-based International Rice Research Institute (IRRI) said recently that it seeks to deepen collaboration with China to help developing nations boost rice production."Given the current world rice situation, with high prices and an urgent need...
Intensifying its drive against corrupt officials, the Anti-Corruption Commission has decided to keep setting traps to catch bribe-takers red-handed in places where bribe transaction is rampant, reports UNB.On Friday, an ACC team caught a sub-inspector of Cantonment police station red-handed...
Our Correspondent | 2008-06-17 00:00:00
CHITTAGONG, Jun 16: Construction work of the third Karnaphuli Bridge involving Tk 3.35 billion is likely to be completed before stipulated period as 45 per cent work of the project is over, concerned sources said.Construction of the sub-structure installation of...
FE Report | 2008-06-17 00:00:00
The Dhaka Stock Exchange (DSE) witnessed Monday a dip in stock prices in the opening hour and then a reverse trend following demonstration by a group of unnerved investors.A downbeat mood prevailed from the very outset of the day's transactions,...
MONTEVIDEO, June 16 (AFP): Ten-man Paraguay stunned Brazil 2-0 on Sunday to stay top of South American 2010 World Cup qualifying while Argentina needed a last-minute goal to avoid a humiliating defeat at home to Ecuador.Despite having defender Dario Veron...
The Philippines is willing to import pharmaceuticals and readymade garments from Bangladesh in bigger volumes as the products are cheaper, reports UNB.They are also keen to impart training on different programmes to the trainees from least developed countries (LDCs) under...
Md Asaduzzaman | 2008-06-17 00:00:00
BANGLADESH produces good quantities of fruits and vegetables on a regular basis. The production can meet the needs of the country entirely as well as generate a surplus for export. There is also the potential to produce and export a...
TOKYO, June 16, (AFP): The dollar was mixed in Asian trade today after Group of Eight finance ministers generally showed support for a stronger greenback but did not discuss joint steps to lift the currency, dealers said.The dollar gained to...
The government has promoted 29 deputy secretaries of different cadres, including administration, to joint secretary, the establishment ministry said in a statement Monday.Twenty-three bureaucrats are from the administration cadre, two from information cadre and one each from public works, health,...
Syed Jamaluddin | 2008-06-17 00:00:00
THE government has proposed an expansionary budget for the next fiscal year which is 26 per cent bigger than that of the outgoing fiscal with big outlays for social safety net, subsidy, interest payment and block allocation. Under the proposed...
Kevin Pietersen's magnificent 110 led England to a convincing 114-run-win over New Zealand in the first ODI at Chester-le-Street. With a disciplined allround display in the field, they never let New Zealand have a sniff of reaching 308 - a...
The Anti-corruption Commission (ACC) Public Prosecutor (PP) Monday proposed framing charges against Awami League (AL) President Sheikh Hasina and eight others in the Niko graft case, reports UNB."This is not a case of oral evidence, but it's a case of...
LONDON (Reuters): Oil surged to a new record high Monday of nearly $140 a barrel, propelled by weakness in the US dollar which offset the bearish impact of plans by Saudi Arabia to boost output.U.S. light, sweet crude for July...
Eastern Bank Limited (EBL) organised a day-long workshop on 'Anti Money Laundering (AML)' and 'Know Your Client (KYC)' at Spectra Convention Centre in the city Saturday. The workshop mainly focused on various areas of anti-money laundering and related new rules...
Bangladesh Army have undertaken a massive programme to make the National Tree Plantation Campaign-2008 a success, reports UNB.Quarter Master General of Bangladesh Army Lt Gen M Jahangir Alam Choudhury formally inaugurated the tree plantation campaign of Bangladesh Army by planting...
LONDON, June 16 (Agencies): Prime Minister Gordon Brown said Britain is pushing the European Union to impose new sanctions against Iran, including freezing the assets of its biggest bank, to pressure the nation to give up its nuclear program.``Britain will...
Dr. M. Mizanur Rahman | 2008-06-17 00:00:00
BANK is a very old institution that is contributing to the development of an economy and is treated as an important service industry in modern world although its interest-based operations are in conflict with the Qur'anic injunction against usury. Interest-free...
Air Commodore Muhammad Zakiul IslamIT has been reported widely by the Reuters and other news agencies that 11 Pakistani servicemen including one officer have been killed late on Tuesday, the 10th June by the US forces on the borders of...
National Life Ins recommends 20pccash, 20pc stock dividendsThe board of directors of National Life Insurance Company Limited has recommended 20 per cent cash and 20 per cent stock dividends for its shareholders for the year 2007. The annual general meeting...
ISLAMABAD, June 16 (AFP): Pakistan's foreign office pledged that the country would defend its territorial sovereignty, state media said Monday after Afghanistan's leader said cross-border attacks on militants were justified.Afghan President Hamid Karzai threatened Sunday to attack Taliban insurgents on...
Standard Chartered Bank recently organised a day-long workshop on 'Liquidity Management: Bangladesh Perspective' at a city hotel, says a press release.The workshop covered various contemporary liquidity management topics comprising Bangladesh as well as global perspective.The discussion also covered the overview...
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