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Lawmakers gather in Brazil to discuss climate change

2008-02-21 00:00:00

WASHINGTON, Feb 20 (Reuters): Lawmakers from the world's major industrial nations and five emerging economies gather in Brazil from today to discuss a global climate change treaty currently under consideration. This will be the first gathering of legislators from wealthy...

Asian airlines to order 3,000 planes in 20 years

2008-02-21 00:00:00

SINGAPORE, Feb 20 (AFP): Airlines in South and Southeast Asia are expected to order more than 3,000 planes worth 103 billion dollars in the next 20 years, with India, Indonesia and Malaysia as key growth drivers, Boeing said today. Dinesh...

Thomson set to close deal for Reuters in April

2008-02-21 00:00:00

WASHINGTON, Feb 20 (AFP): Thomson Corporation said yesterday it expected to close its 17-billion-dollar takeover of British media group Reuters in April after regulatory approval in the US, Canada and European Union. The US Justice Department said it would require...

German public sector strikes expand

2008-02-21 00:00:00

FRANKFURT, Feb 20 (AFP): More striking German civil servants held rallies yesterday to press for higher wages amid a growing tax evasion scandal that could give labour militants a tailor-made issue to back up their demands. "We need at least...

Britain to woo young Indian business executives

2008-02-21 00:00:00

LONDON, (Internet): The UK-India Business Council (UKIBC), the lead group promoting bilateral trade between India and Britain has launched an initiative aimed at wooing young Indian business executives who are looking at America rather than Britain as their preferred business...

Australian growth likely to slow in late 2008

2008-02-21 00:00:00

SYDNEY, Feb 20 (AFP): Australia's strong economic growth is likely to slow later this year but not quickly enough to prevent further interest rate rises, a survey released today said. The monthly Westpac-Melbourne Institute leading index, which indicates the likely...

Bird-flu becomes bane of B'baria poultry farmers

2008-02-21 00:00:00

Our CorrespondentBRAHMANBARIA, Feb 20: The poultry farmers in the district are counting huge losses every day as the sales of the poultry birds have come down drastically due to Avian influenza panic, widely known as bird-flu. Although the viral disease...

CAG’s support sought for dev of CMA profession

2008-02-21 00:00:00

FE ReportInstitute of Cost and Management Accountants of Bangladesh (ICMAB) President Zahir Uddin Ahmed called on Comptroller and Auditor General Ahmed Ataul Hakeem at the latter's office in the city Tuesday.The ICMAB President congratulated the newly-appointed comptroller and auditor general...

Flora concludes journey of Epson photo studio

2008-02-21 00:00:00

FE ReportFlora Limited Thursday concluded the journey of Mobile Digital Studio titled 'Epson Photo Studio Pathay Pathay- 2008.The organisation works to make Digital Studio for new employment generation in IT field of Bangladesh, said M.N.Islam, chairman of Flora Limited at...

Price hike pushes up living cost in Rajshahi

2008-02-21 00:00:00

Our CorrespondentRAJSHAHI, Feb 20: Living expenses in Rajshahi has increased to 16.78 per cent during the last one year, sources said.The prices of essentials increased by 18.92 per cent in the preceding year, while living expenses had increased by 13.52...

Country's emancipation 'impossible without women's emancipation'

2008-02-21 00:00:00

FE ReportThe emancipation of the country is impossible without economic emancipation of women. Considering this, the Government of Bangladesh is giving special preference to women's development' said Finance Adviser AB Mirza Azizul Islam.Islam attended as the chief guest the launching...

HSBC world's most valuable banking brand

2008-02-21 00:00:00

FE ReportHSBC has been named the world's most valuable banking brand, according to an annual index of 500 leading global banks.HSBC outclassed Citigroup and Bank of America to the top position in The Banker magazine and Brand Finance's 'Top 500...

Move to privatise Karnaphuli Rayon Complex

2008-02-21 00:00:00

Our CorrespondentCHITTAGONG, Feb 20: Karnapuli Rayon Complex (KRC) Ltd, one of the industrial units of Bangladesh Chemical Industries Corporation (BCIC), is likely to be handed over to the private sector, sources said.Tenders would also be invited shortly by Privatisation Board....

Popular Life Ins achieves good growth in 7 years

2008-02-21 00:00:00

FE ReportPopular Life Insurance Company Limited has completed seven years of its operation with a significant growth in its business, said the chief of the company."Premium income, life fund and investment in 2007 rose to Tk 2.98 billion, Tk 3.68...

Pubali Bank to provide foreign job seekers with loan

2008-02-21 00:00:00

FE ReportPubali Bank Ltd launched a new credit product for foreign going job seekers recently. Those who will go abroad for employment, can take financial help through this scheme titled 'Non Resident Credit Scheme'. Pubali Bank Chairman Hafiz Ahmed Majumder...

SEC, CSE organise training for authorised representatives of members

2008-02-21 00:00:00

FE ReportCHITTAGONG, Feb 20: Securities and Exchange Commission (SEC) and Chittagong Stock Exchange (CSE) jointly organised a two-day training programme for authorised representatives of stock exchange members on different topics of the country's capital market.The training which concluded Wednesday was...

Need for training to make skilled manpower stressed

2008-02-21 00:00:00

FE ReportDirector of Dhaka Chamber of Commerce and Industry (DCCI) Zafar Osman has stressed the need for training to make efficient manpower for the country's corporate houses.He was speaking at the inaugural ceremony of a training course titled 'Proper L/C...

Fine rice farming on rise in Nilphamari

2008-02-21 00:00:00

Our CorrespondentNILPHAMARI, Feb 20: Cultivation of exportable fine rice is increasing gradually in the district, sources said.According to Department of Agriculture Extension (DAE) sources, 2000 hectares of land have been brought under the fine rice cultivation programme this year.High market...

Electro Mart announces 'Bashanti Offer'

2008-02-21 00:00:00

FE ReportElectro Mart Ltd, a leading electronic appliances marketer, has started its special spring promotion 'Bashanti Offer' bundled with grand discounts and numerous gifts, said a press release.The release said every Konka 42-inch HD Plasma TV comes with a grand...

Krishi Bank holds 452nd board meeting

2008-02-21 00:00:00

FE ReportThe board of directors of Bangladesh Krishi Bank held its 452nd meeting at the head office of the bank Tuesday. Krishi Bank's newly appointed Chairman Khondkar Ibrahim Khaled chaired the meeting. The outgoing chairman SA Chowdhury as well as...

Rise in oil prices dents Asian stocks

2008-02-21 00:00:00

SINGAPORE, Feb 20 (Reuters): Asian stocks fell more than 2.0 per cent Wednesday as a jump in oil above $100 a barrel rekindled fears that soaring commodity prices will limit what central banks can do to prop up a slowing...

corporatewatch

2008-02-21 00:00:00

Withdrawal of authorised representativeMH Chowdhury Securities Limited, DSE member No. 156, has withdrawn one of its authorised representatives, Sharif Shamsher Rahman, with immediate effect. Times Securities Limited, DSE member No. 166, has withdrawn one of its authorised representatives, Md Bellal...

Musharraf refuses to step down

2008-02-21 00:00:00

ISLAMABAD, Feb 20 (AP): President Pervez Musharraf will not step down as head of state and intends to serve out his five-year-term, his spokesman says, despite a sweeping election victory by his opponents - some of whom want to drive...

Obama wins Wisconsin pry, Hawaii caucus

2008-02-21 00:00:00

WASHINGTON, Feb 20 (AP): Barack Obama cruised past a fading Hillary Rodham Clinton in the Wisconsin primary and Hawaii caucuses Tuesday night, gaining the upper hand in a Democratic presidential race for the ages.The twin triumphs made 10 straight for...

British govt loses more ground in latest poll

2008-02-21 00:00:00

LONDON, Feb 20 (AFP): Britain's main opposition Conservatives saw their narrow lead over the governing Labour party widen by a small margin, according to a poll published in The Guardian Wednesday. The ICM survey was carried out before the government...

US military imposes curbs in Japan

2008-02-21 00:00:00

TOKYO, Feb 20 (AP): The United States (US) military moved sharply Wednesday to quell Japanese anger over rape allegations against a Marine-restricting 45,000 troops, civilian employees and their families to bases, workplaces or off-base homes. The restrictions went beyond a...

Seven killed in ROK army copter crash

2008-02-21 00:00:00

SEOUL, Feb 20 (AFP): An army helicopter making a mercy flight crashed in South Korea early Wednesday, killing all seven people on board, defence officials said. The helicopter crashed around 1:40 am in Yangpyeong County, 50 kilometres (31 miles) east...

Strong quake hits Aceh

2008-02-21 00:00:00

JAKARTA, Feb 20 (AFP): A strong 6.6-magnitude quake rocked Indonesia's Aceh province on Sumatra island Wednesday, the meteorology and geophysics office said. The earthquake struck at 3:08 pm (0808 GMT) some 42 kilometres (25 miles) northwest of Sinabang in Aceh...

CA opens BG Press website

2008-02-21 00:00:00

Chief Adviser Dr Fakhruddin Ahmed Wednes-day formally opened Bangladesh Govern-ment Press (BG Press) website for uploading gazettes and laws for public perusal online, as the interim government has launched massive legal reforms for various socio-economic changes, reports UNB. The address...

Govt urged to increase taxes on tobacco products

2008-02-21 00:00:00

Bangladesh Anti-tobacco Alliance urged the government to increase taxes on tobacco products in the coming budget for controlling the massive use of tobacco in the country, reports UNB."Taxes on all tobacco products including dried tobacco leaves, `gul' and `zarda' have...