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Ten get 'Shada Moner Manush' awards

FE Report | 2008-06-13 00:00:00

The award giving ceremony of 'Shada Moner Manush 2008' organised by the Unilever Bangladesh Limited (UBL) was held at a city hotel recently.Ten personalities were selected this year as 'Shada Moner Manush'.The personalities are Fajilatunnesa Bulu from Rangpur, Rokib-Ud-Dowla Akand...

Dusts command fairly good market

FE Report | 2008-06-13 00:00:00

There was quite a strong demand in the week mostly emanating from Blenders/Packeteers particularly for well-made liquoring varieties. There was a little more interest from the Loose tea buyers. Pakistan was more active particularly for the Fannings. Dusts were a...

President for extending all-out cooperation to disabled

2008-06-13 00:00:00

President Iajuddin Ahmed said Thursday the present caretaker government is working relentlessly for holding of a free, fair and neutral election ensuring participation of all, reports UNB.He made a call for the government and the Election Commission (EC) to extend...

120-member police contingent off to Kosovo

2008-06-13 00:00:00

A 120-member contingent of Bangladesh police left Dhaka late Wednesday night for Kosovo by a UN-charted flight to attend the UN peacekeeping mission in the civil war-torn Balkan country, reports UNB.Police Superintendent M Khurshid Hossain is leading the team, which...

BB provides OD facilities worth $55m to two SCBs

FE Report | 2008-06-13 00:00:00

The central bank has provided overdraft (OD) facilities for US$55 million to two state-owned commercial banks (SCBs) for settlement of its oil import bills, officials said."We have provided the OD facilities to the SCBs against its government approved securities and...

Gambhir ton takes India to easy win

2008-06-13 00:00:00

A fifth ODI century for Gautam Gambhir and another quickfire fifty from Virender Sehwag extended India's domination in the Kitply Cup, as they thumped Bangladesh by seven wickets and 14.5 overs to spare in Mirpur.Bangladesh needed to win by a...

Efficient, transparent handling of tender process underscored

FE Report | 2008-06-13 00:00:00

Board of Investment (BoI) Executive Chairman Kamaluddin Ahmed said government officials should have skills for efficient handling of tender process as well as contract documents in a transparent manner.He was speaking as the chief guest of a two-day training programme...

Boom in local hospitality industry

2008-06-13 00:00:00

THE hospitality industry is witnessing a boom across the world. Bangladesh is no exception. A plethora of new hotels opened in Dhaka, Cox's Bazaar, Chitagong and Sylhet. Such hotels remain largely overbooked.In Bangladesh, hospitality industry is doing well. The mushrooming...

Malaysia's central bank could review rates amid price rises

2008-06-13 00:00:00

KUALA LUMPUR, June 12 (AFP): Malaysia's central bank could review its interest rates as rising prices and a fuel price hike is expected to push up inflation and slow growth for the year, its governor said today.Bank Negara governor Zeti...

Czech Republic likely to invest more than $3.0b in Bangladesh

FE Report | 2008-06-13 00:00:00

Prime Minister of Czech Republic Mireck Topolank said his government is considering to invest more than $3.0 billion in oil-refinery, fertiliser, IT, energy and defence sectors of Bangladesh.He disclosed this recently during a meeting with Mahabubur Rahman, Honorary Consul of...

G12 divided on industrial tariff

2008-06-13 00:00:00

GENEVA, (Internet): Senior officials from a newly-constituted Group of Twelve (G12) countries under the auspices of the United States failed to make progress due to unbridgeable differences over the anti-concentration proposal demanded by the US, the European Union, Japan and...

FedEx number one among express delivery cos

FE Report | 2008-06-13 00:00:00

Federal Express (FedEx) Corporation has been rated number one in customer satisfaction among express delivery companies and also first among about 130 companies.The University of Michigan's American Customer Satisfaction Index (ACSI) has conducted the ratings.The ACSI is the only national,...

Undisclosed money already invested should be made penalty-free: DSE

FE Report | 2008-06-13 00:00:00

Dhaka Stock Exchange (DSE) wants the government to allow declaration of undisclosed money invested in different industrial sector without imposing any penalty."A substantial amount of undisclosed money has already been invested in the country's industrial sector. In this case, the...

Dollar extends gains ahead of G8 meeting

2008-06-13 00:00:00

TOKYO, June 12 (AFP): The dollar gained ground against the euro and the yen in Asian trade Thursday as traders waited to see whether Group of Eight finance ministers will voice support for a stronger greenback, dealers said.The dollar rose...

Dhaka stocks rise to 11-week high

FE Report | 2008-06-13 00:00:00

Dhaka stocks rose to an 11-week high Thursday, led by banks, non-banking financial institutions, IT and pharmaceutical issues, amid low turnover.Trading on the Dhaka Stock Exchange (DSE) began with positive note, pushing the benchmark index up more than 64 points...

Hockey team's trip to S'pore delayed further

2008-06-13 00:00:00

Bangladesh national hockey team's trip to Singapore has been delayed further, not for visa problem, but for the delay of Bangladesh Biman flight again, reports UNB.The Singapore-bound Biman flight, originally scheduled to fly today at 10:30 am, was rescheduled for...

IFIC Bank holds seminar on 'money laundering'

FE Report | 2008-06-13 00:00:00

IFIC Bank Limited held a seminar on 'Prevention of Money Laundering' jointly organised by its academy and the central compliance unit of prevention of money laundering of the bank in the city recently.Bangladesh Bank General Manager (Anti-money Laundering Department) M...

Americans rediscover railroad as oil rises

2008-06-13 00:00:00

BOSTON, Jun 11, (Reuters): As oil prices spike, many Americans are rediscovering the railroad.Amtrak, America's struggling passenger railroad, saw record numbers in May when ridership rose 12.3 percent from a year earlier, and ticket sales climbed 15.6 percent, according to...

news digest

Palestinian gunman | 2008-06-13 00:00:00

killed in GazaGAZA CITY, June 12: A Palestinian gunman was killed on Thursday in a firefight with Israeli troops in the northern Gaza Strip, Palestinian emergency services said. The clash occurred in the Beit Lahya area, near the fence that...

Iran hails decision to release Hasina for treatment abroad

2008-06-13 00:00:00

Iran welcomed Thursday the caretaker government's decision to release former Prime Minister and Awami League chief Sheikh Hasina for treatment abroad, reports BSS."It is a positive action of the government. I welcome the decision of the caretaker government which made...

BB sees near-term outlook for economy positive

FE Report | 2008-06-13 00:00:00

The central bank sees the near term outlook for the economy positive despite adverse price developments in the international markets and less growth prospects of the global economy in 2008."This positive outlook, however, is underpinned by several factors, such as...

corporatewatch

2008-06-13 00:00:00

NAV of Aims First Mutual FundAims First Mutual Fund: On the close of operation on May 31, 2008, Aims First Guaranteed Mutual Fund has reported the net asset value (NAV) of Tk 2.89 per unit on current market price basis...

High rates, global slowdown blamed as Australia sheds jobs

2008-06-13 00:00:00

SYDNEY, June 12 (AFP): A sharp fall in employment in Australia showed that a series of interest rate rises and slower global growth were having an effect on the economy, Deputy Prime Minister Julia Gillard said today.Employment fell by a...

sports digest

2008-06-13 00:00:00

Scolari named as Chelsea managerChelsea have named Portugal boss Luiz Felipe Scolari as their new manager in succession to Avram Grant. Scolari, who is currently in charge of the Portuguese side at Euro 2008, will take over at Stamford Bridge...

BNP may consider dialogue: Khaleda

2008-06-13 00:00:00

Detained former prime minister Khaleda Zia said Thursday BNP would consider going to dialogue with the government if a "proper environment for elections" was created, reports bdnews24.com.Speaking in front of lawyers and reporters, while standing in the dock at court,...

Anti-Terrorism Ordinance promulgated

2008-06-13 00:00:00

The President promulgated the Anti-Terrorism Ordinance 2008 providing death penalty for offences like terror financing and staging murder to create panic and jeopardise the country's sovereignty, reports UNB.The Ordinance came into effect from Wednesday through a gazette notification.Special Tribunal will...

BJA terms budget as reasonable

FE Report | 2008-06-13 00:00:00

Bangladesh Jute Association (BJA) Chairman Md Rezaul Karim has termed the proposed national budget as reasonable and realistic.But the BJA chief expressed his disappointment over the absence of any direction and guideline for the jute sector in the proposed budget.Bangladesh...

Passing out parade of Navy's new entry sailors held in Khulna

2008-06-13 00:00:00

KHULNA, June 12 (UNB): The passing out parade marking the induction of a batch of new entry sailors of Bangladesh Navy was held at BNS Titumir parade ground here Thursday.Chief of Naval Staff Vice Admiral Sarwar Jahan Nizam reviewed the...

Organic, not chemical fertilisers

2008-06-13 00:00:00

In the budget for the fiscal 2008-09, the caretaker government has proposed to increase the prices of urea and Muriate of Potash (MP). The concerned authorities have already announced the hike in the administered prices of both urea and MP....

Proposed offers on undisclosed income won't encourage businesses: FBCCI

FE Report | 2008-06-13 00:00:00

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), the country's apex trade body, has termed the proposed budget investment and business friendly."The budget envisages fulfillment of basic demands of the businessmen, which will facilitate investment and business," the...