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It's interference in our internal affairs: MoFA

2008-06-03 00:00:00

The Ministry of Foreign Affairs (MoFA) took exception to recent statements by foreign missions in Dhaka that "may construe as interference in internal affairs of Bangladesh", reports UNB.A spokesman for the Foreign Ministry said that there had been some recent...

Establishment of securities institute demanded

FE Report | 2008-06-03 00:00:00

Chittagong Stock Exchange (CSE) President Nasir Uddin Ahmed Chowdhury has urged the Securities and Exchange Commission for immediate implementation of a long cherished demand for a securities institute in the country.He made the call while speaking as the chief guest...

Gen Moeen calls on President

2008-06-03 00:00:00

Chief of Army Staff Moeen U Ahmed called on President Iajuddin Ahmed at Bangabhaban Monday, reports UNB.During the meeting, the army chief apprised the President of the on-going development activities undertaken by the Bangladesh Army.President Iajuddin expre-ssed his satisfaction at...

BB chief suggests preparing 2nd PRSP with inputs from election manifestoes

2008-06-03 00:00:00

Bangladesh Bank Governor Dr Salehuddin Ahmed Monday recommended preparing the second PRSP taking inputs from the election manifestoes of the political parties as the election is due in next six months, reports UNB."It would have been best and easy preparing...

Shorter monsoon will be favourable for Aman crop

Shakhawat Hossain | 2008-06-03 00:00:00

The annual monsoon that will set all over the country late this month will be shorter and favourable for cultivation of major Aman crop, said a weather expert."The monsoon will be fully active from the third week of this month,"...

Huge quantity of sugar unsold at Joypurhat mill

Our Correspondent | 2008-06-03 00:00:00

JOYPURHAT, June 2: A huge amount of sugar is remaining unsold in Joypurhat Sugar Mill.The mill produced more than 11 thousand tonnes of sugar by crushing over 165 thousand tonnes of sugarcane after starting production on November 23 last year.Of...

Govt to take actions against garment owners from Aug 1

2008-06-03 00:00:00

The government will take actions from August 1 this year against the garment factory owners who will fail to implement various compliance issues like ensuring minimum wage and introduction of identity cards, appointment letters, regular payroll and service book, reports...

14 Rajakars sued for killing FFs in Bagerhat

2008-06-03 00:00:00

BAGERHAT, June 2 (UNB): A case was filed against 14 Rajakars (collaborators) on charge of killing two freedom fighters (FFs) during the Liberation War in 1971.Valiant freedom fighter and general secretary of district BNP Shamsul Alam Talukder filed the case...

Malaysian firm registers 'Ponni' rice trademark

2008-06-03 00:00:00

KUALA LUMPUR, June 2 (PTI): Malaysia has granted trademark rights of a popular non-Basmati rice variety grown in south India to a local trading firm, reminiscent of the US issuing patent on Basmati to RiceTec in 1997.Syarikat Faiza Sdn Bhd,...

corporatewatch

2008-06-03 00:00:00

Rupali Bank recommends no dividendThe board of directors of Rupali Bank Limited (halted) has recommended no dividend for the year that ended on December 31, '07. The annual general meeting (AGM) of the bank will be held at 11am on...

Space shuttle closes in on space station

2008-06-03 00:00:00

HOUSTON, June 2 (Agencies): Shuttle Discovery closed in on the international space station early Monday with a super-size delivery: a scientific lab that's as big as a school bus and a toilet pump. The space shuttle and its seven astronauts...

King agrees to go, says Nepali home minister

2008-06-03 00:00:00

KATHMANDU, June 2 (AFP): Nepal's ex-king has agreed to quit his palace before a June 12 deadline and live as a commoner in line with a constituent assembly's vote to scrap the monarchy, the home minister said Monday."He said he...

Naval port is focus of rising tension between Moscow and Kiev

2008-06-03 00:00:00

Stefan Wagstyl and Roman Olearchyk"THERE'S one," says Gennady Basov, pointing to a Russian flag on a car aerial in the Black Sea naval port of Sevastopol. "There's another, and another."It could be A children's game. But MT Basov is 37...

Heavy rains sweep city intermittently

2008-06-03 00:00:00

A long spell of pre-monsoon shower pounded the city Monday, throwing the normal life in a terrible mess as many roads went under knee-deep rainwater, reports UNB.Heavy rains swept the city intermittently throughout the day, causing immense trouble to the...

Suicide blast kills 6 at Danish mission in Pakistan

2008-06-03 00:00:00

ISLAMABAD, June 02 (Reuters): A suspected suicide bomber blew up a car outside the Danish embassy in the Pakistani capital Monday killing six people and wounding about 20, police and hospital officials said.The blast will raise fresh questions about the...

DBTI holds training course on business communication

2008-06-03 00:00:00

A three-day training course on "Effective Business Communication and Interpersonal Skill" was held at the Dhaka Bank Training Institute (DBTI) in the city recently.A total of 24 officers from different branches of Dhaka Bank Limited took part in the training...

National team meets A Team in first practice match today

2008-06-03 00:00:00

Bangladesh national team meets Bangladesh A team in the first day/night practice match Tuesday at the Mirpur Sher-e-Bangla National Stadium (SBNS), reports UNB.The match will commence at 3:00 pm.After a one-day recess, the two sides will again face each other...

President for disposing of pending cases for ensuring justice

2008-06-03 00:00:00

President Iajuddin Ahmed Monday emphasised the need for disposing of the huge pending cases with different levels of courts in the country for ensuring justice, reports UNB.The President said this when newly appointed Chief Justice MM Ruhul Amin paid a...

Singer launches spl campaign at its plus shops

FE Report | 2008-06-03 00:00:00

Singer Bangladesh Limited has launched a month-long campaign titled 'Panchti TV Proti Din, Sathe Gari Jite Nin' at Singer Plus shops across the country from June 1.Under the campaign, buyers of refrigerator, air conditioner, colour television, motor cycle, computer, IPS...

Need for responsible tourism

2008-06-03 00:00:00

DISCOVERING Bangladesh is surely enlightening. Henceforth, it would be challenging. With tourism taking its toll on the flora, fauna and cultural identity of exotic Bangladesh, local populace across tourism pockets of the country should extend the onus of sustainability of...

Dollar gains on euro amid rate hike speculation

2008-06-03 00:00:00

TOKYO, June 2 (AFP): The dollar climbed against the euro in Asian trade Monday on speculation that United States (US) interest rate rises could make the currency more attractive, dealers said.But the greenback was slightly easier against the Japanese currency,...

Call rate, dollar show nominal slips

FE Report | 2008-06-03 00:00:00

The inter-bank call money rate eased nominally Monday despite higher demand for cash. The US dollar also weakened slightly against Bangladesh taka (BDT) in the inter-bank foreign exchange market although the demand for the greenback increased, fund managers said.The call...

Chanderpaul fights on rainy day

2008-06-03 00:00:00

Stuart MacGill picked up an important wicket on the day he decided to quit Test cricket but Shivnarine Chanderpaul's solid resistance was decreasing Australia's chances of giving him a farewell victory. On a day shortened to one session because of...

China's economy to grow moderately slower in 2008

2008-06-03 00:00:00

BEIJING, June 2 (Xinhua): China's economic growth is likely to stay high but "may moderately slow down" this year, according to the country's central bank.The economy would be affected by a decelerated world economy, weakened by outside demand and domestic...

Oil prices weaker in Asia

2008-06-03 00:00:00

SINGAPORE, June 2 (AFP): World oil prices weakened in Asian trade Monday amid negative news on the global economy, which could dampen demand, analysts said.In afternoon trade, New York's main oil futures contract, light sweet crude for July delivery, slipped...

Experts, businesses pole apart on formalisation of untaxed money

S M Jahangir | 2008-06-03 00:00:00

The country's front-ranking economists and business leaders have expressed mixed opinions on the government's move to offer fresh opportunity to formalise the undisclosed income.The National Board of Revenue (NBR) recently said the government might offer yet another chance to formalise...

Renata approves 50pc cash, 20pc stock dividends

FE Report | 2008-06-03 00:00:00

The 35th annual general meeting (AGM) of Renata Limited approved cash dividend of 50 per cent and stock dividend of 20 per cent (one bonus share for five ordinary shares) for the year 2007.Renata Chairman SH Kabir presided over the...

Making tax laws work better

Akhter Zamal FCA | 2008-06-03 00:00:00

IT has been observed while assessing income of banking companies by the tax officials in respect of bad-debt, written-off claim for deduction from income, the tax officials refuse to allow the claim of bad-debt written off. This is done on...

corporatewatch

EGMs | 2008-06-02 00:00:00

IPDC: The authorities of IPDC have stated that the 10th extraordinary general meeting (EGM) of the company will be held at Trust Milonayaton, 545, Old Airport Road, Dhaka Cantonment, at 10am. Other information in connection with the EGM will remain...

Three die while cleaning septic tank in Moulvibazar

2008-06-02 00:00:00

MOULVIBAZAR, June 1 (UNB): Three construction workers died from gas poisoning after they got into a septic tank of an under-construction building at Dakshin Bazar in Kulaura Upazila headquarters Sunday.The dead were identified as day labourers Roly (20) and Sumon...