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Bata Shoe approves 250pc cash dividend

FE Report | 2008-06-15 00:00:00

Bata Shoe Company (Bangladesh) Limited approved 250 per cent cash dividend comprising a final dividend of 105 per cent and interim dividend of 145 per cent for its shareholders for the year 2007.This was approved at the 36th annual general...

Banglalink confce on 'development of tourism' held

FE Report | 2008-06-15 00:00:00

Banglalink Roundtable Conference on 'Immediate Need for the Development of Bangladesh Tourism' was held at a city hotel Saturday.Bangladesh Monitor and Daily Samakal jointly organised the roundtable conference while mobile phone company Banglalink sponsored it.The roundtable was organised to create...

9-man AL team to join dialogue with govt

2008-06-15 00:00:00

Awami League central working committee Saturday demanded permanent unconditional release of party president Sheikh Hasina, as they want a logical conclusion of government initiatives for parliamentary elections, reports UNB.Awami League also called for unity of all progressive forces ahead of...

Call to encourage local investors

Our Correspondent | 2008-06-15 00:00:00

CHITTAGONG, June 14: Bangladesh Steel Re-Rolling Mills (BSRM) Ltd, a modern rolling mill built under the initiative of BSRM Group in joint finance of private and public sectors, is a vast steel manufacturing organisation which contributes a lot to the...

Spain, Sweden eye Euro 2008 quarter-final

2008-06-15 00:00:00

INNSBRUCK, Austria, June 14 (AFP): Either Spain or Sweden could wrap up a place in the Euro 2008 quarter-finals if they emerge triumphant from the pair's Group D meeting here Saturday.Both won their opening matches with Spain particularly impressive in...

Empowerment of SQA

Sajjadul Hakim | 2008-06-15 00:00:00

IN most cases, if there is a so-called SQA (Software Quality Assurance) team in a software development company, they advocate SQA empowerment. If some are not vocal about it, they probably are de-motivated about the fact that they are not...

NBC's Tim Russert dies at 58 of heart attack

2008-06-15 00:00:00

WASHINGTON, June 14 (Agencies): Tim Russert, a political lifer who made a TV career of his passion with unrelenting questioning of the powerful and influential, died of a heart attack Friday in the midst of a presidential campaign he'd covered...

1,100 prisoners escape from Afghan jail

2008-06-15 00:00:00

KABUL, June 14 (AFP): More than 1,100 inmates of a prison in southern Afghanistan, including militants, escaped after a Taliban suicide attack on the building, the NATO force in Afghanistan said Saturday."More than 1,100 prisoners were able to escape," General...

Introducing Infozee

2008-06-15 00:00:00

Infozee is a leading global international student recruitment company registered in the UK promoting foreign education. The company was founded by a Harvard graduate and more recently taken over by UK University Professor Anoop Patel who has worked as an...

Govt expects Tk 3.0b from disclosure of untaxed funds

Doulot Akter Mala | 2008-06-15 00:00:00

The government expects a revenue of Tk 3.0 billion from its offer made in the budget for the fiscal 2008-09, on formalising undisclosed yet legal income with a payment of 7.0 per cent penal tax.The opportunity will remain valid for...

Petrodollar flows to financially ailing US companies

2008-06-15 00:00:00

Fazle Rashid from New YorkArab nations are awash with petrodollar. Already rich Arab nations have further been benefited due to the current oil boom. The United States in particular and other western nations allege that a part of the wealth...

Eight turning points in tech history

Neil McAllister | 2008-06-15 00:00:00

Imagine how different the computing world would be if IBM had used proprietary chips in the original PC, rather than off-the-shelf components. The PC clone market would never have happened, and IBM, rather than Microsoft, might have emerged as the...

Dollar gains on US inflation news, Irish 'no' vote

2008-06-15 00:00:00

NEW YORK, June 14 (AFP): The dollar gained against the euro and other currencies yesterday as a government report showed a surge in US inflation and as the euro was dented by Ireland's rejection of the Lisbon Treaty.The euro fell...

Consumer protection law : another view

Amirul Islam | 2008-06-15 00:00:00

GOVERNMENT after government has been stalling the adoption of a comprehensive consumer protection law. A law was drafted long ago. But it was not introduced in parliament possibly due to behind- the- scene lobbying by the vested interest groups. The...

Robbery in Sylhet rice mill

2008-06-15 00:00:00

SYLHET, Jun 14 (UNB) : Robbers looted Tk 0.179 million (Tk 1.79 lakh) in cash from a rice mill after killing its night guard at Technical road in Dakkhin Surma upazila Thursday midnight.On information, the police recovered the body of...

Spying and the abuse of data

Christopher Caldwell | 2008-06-15 00:00:00

Setting up cameras and monitoring employees' toilet breaks, as the supermarket chain Lidl did; keeping a "black money" fund for kickbacks to officials in developing countries, as Siemens allegedly did; diverting money to pay for call girls for refractory board...

news digest

2008-06-15 00:00:00

Landslides kill 11 in Myanmar's'valley of rubies': state mediaYANGON, June 14: Eleven people have been killed in landslides caused by heavy rains that pounded Myanmar's famed "valley of rubies," source of some of the world's finest gems, state media said...

Khaleda

2008-06-15 00:00:00

Education Adviser Hossain Zillur Rahman Saturday said the government has reached the final phase of its move on the probable release of former Prime Minister Khaleda Zia and her sons Tarique Rahman and Arafat Rahman Coco, reports bdnews24.com from Chittagong.Asked...

Moriarty sees Hasina's release a positive step before polls

2008-06-15 00:00:00

US Ambassador in Dhaka James F Moriarty Saturday described the release of former premier Sheikh Hasina as a positive step ahead of the national election and said the participation of all parties in the polls is a must to ensure...

Sharif stirs call for Musharraf to be hanged

2008-06-15 00:00:00

ISLAMABAD, June 14 (Reuters): Pakistan's former prime minister Nawaz Sharif stepped up his attack on President Pervez Musharraf Saturday, suggesting he could be hanged while addressing thousands of protesters outside the presidency. We asked you to quit with honour after...

Fashion SMEs can grow further if designers get support

FE Report | 2008-06-15 00:00:00

Small and medium enterprises in the fasion sector would grow substantially in future if the communication gap between the government and the fashion designers is filled up.Internationally renowned fashion designer Bibi Russell said this whiel she was speaking as the...

No magic wand for the beleaguered energy sector

Shahiduzzaman Khan | 2008-06-15 00:00:00

FINANCE Adviser Dr Mirza Azizul Islam, in his budget speech, did not bring any magic wand for the country's beleaguered energy sector. What was expected from him that he would draw a battle line in order to boost the country's...

WPB criticises govt's moves to release graft arrestees

2008-06-14 00:00:00

A faction of the Workers Party of Bangladesh (WPB) criticised Friday the government on its moves to release "those arrested on charges of corruption", at an extended meeting of the party, reports bdnews24.com.The faction's general secretary Saiful Haq criticised the...

AL working committee meeting today

2008-06-14 00:00:00

Awami League (AL) leaders will sit in a working committee meeting today (Saturday) to take decisions on some crucial matters, including selection of a party delegation to join the dialogue with the government, reports UNB.The meeting will be held at...

BB to set forex reserve requirement at $6b

Shakhawat Hossain | 2008-06-14 00:00:00

The central bank is likely to set its foreign exchange reserve requirement at US$6.0 billion against existing $5.0 billion for the new fiscal to meet higher import payment, said a senior central bank official.The country's average monthly import payment, currently...

310 bottles of Phensidyl seized

2008-06-14 00:00:00

DINAJPUR, June 13 (UNB): Police recovered some 310 bottles of Phensidyl syrup and seized a truck in two separate drives in Ghoraghat Upazila early Thursday.Acting on a tip-off, police halted the maize-laden truck inKhetabmore area of the upazila on Dinajpur-Gobindaganj...

Excavation at Vasu Bihar, Bogra

2008-06-14 00:00:00

ACCORDING to a newspaper report, possibly the remains of a 1500-year-old university is there beneath the Vasu Bihar, in Bogra. The national archaeological excavation team believes that the site might have links with the Pala dynasty, during the reign of...

World's perception of US poised for a change

Syed Fattahul Alim | 2008-06-14 00:00:00

US Senator Barack Obama's rise as the most potential candidate in the November presidential polls of that country has drawn widespread attention from the rest of the world. The attention is due mainly to Obama's African-American background. Will America become...

Case of Pakistan's Asif to be heard June 22

2008-06-14 00:00:00

KARACHI, June 13 (AFP): A top Dubai legal officer will begin an inquiry in the Gulf state next week into the drug case against Pakistan paceman Mohammad Asif, an official said Friday.The attorney general of the emirate, where the 25-year-old...

Inflation management

2008-06-14 00:00:00

THE estimation of the official rate of inflation has been criticized by private think tanks and economists. In his budget speech, the Finance Adviser has stated that inflation has, lately, dipped below the double digits. Economists and researchers have, on...