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Four killed as fierce fighting erupts in Iraq

2008-03-26 00:00:00

BASRA, Mar 25 (AFP): Iraqi security forces fought raging battles with gunmen from radical cleric Moqtada al-Sadr's Shiite militia in Basra Tuesday amid a crackdown on armed groups in the southern oil city. At least four people were killed and...

World's tallest man struggles to fit in

2008-03-26 00:00:00

PODOLYANTSI, Ukraine, Mar 25 (AP): Leonid Stadnik's phenomenal height has forced him to quit a job he loved and to stoop as he moves around his house. But Stadnik, who Guinness World Records says is the world's tallest human, says...

Bhutan heralds first day as democracy

2008-03-26 00:00:00

THIMPHU, Mar 25 (AFP): Bhutan awoke Tuesday as the world's newest democracy, after a landslide election win for a party led by an ex-premier who has pledged to boost development -- and happiness -- in the Himalayan nation. Almost 80...

Comic strip heroes take on al Qaeda

2008-03-26 00:00:00

LONDON, Mar 25 (Reuters): As European authorities grope for ways of combating the appeal of militant Islamism, one German security agency has hit on a novel idea: cartoon comics. Officials in the state of North Rhine-Westphalia (NRW) had run a...

Bangladesh beat Hong Kong in 2nd one-dayer

2008-03-26 00:00:00

An all-round performance by skipper Salma Khatun enabled Bangladesh team to earn the second consecutive victory in the four-match EBL Women's ODI series outplaying Hong Kong by a comfortable 109 runs at the Chittagong Divisional Stadium Tuesday, reports UNB.Hosts Bangladesh...

Panesar, Broad bring England victory closer

2008-03-26 00:00:00

NAPIER, Mar 25 (AFP): Monty Panesar took England to the brink of a series victory as New Zealand slumped to 222 for five, 330 runs in arrears at stumps on the fourth day of the third cricket Test here Tuesday.With...

BDR emerge champion in Independence Day V'ball

2008-03-26 00:00:00

Bangladesh Rifles (BDR) emerged champions in the KFC Pizza Hut Independence Day Volleyball Competition beating Bangladesh Navy 17/25, 27/25, 25/23, 18/25, 16/14 points in the final at the Volleyball Stadium here Tuesday, reports UNB.Director of Immigration and Passport Directorate Mohammad...

Biman beat Kolabagan

2008-03-26 00:00:00

Biman Bangladesh Airlines kept themselves very much alive in the title race of the Metropolis Premier Division Cricket League registering their 6th win beating Kolabagan KC by 63 runs in the day's lone 7th round match at the Narayanganj Osmani...

Reforms in local bodies for ensuring benefit for people, says Law Adviser

2008-03-26 00:00:00

CHITTAGONG, March 25 (BSS): Law, Justice and Religious Affairs Adviser AF Hassan Ariff said the government was working for strengthening the local government bodies and bringing qualitative changes in approaches of governance so that real stakeholders could avail themselves of...

Charge hearing on Mig-29 scam case on Apr 9

2008-03-26 00:00:00

Dhaka Divisional Special Sessions Judge's court fixed Tuesday April 9 for charge hearing against detained former Prime Minister Sheikh Hasina in the recently revived Mig-29 purchase case, reports UNB.The court of Justice Golam Mortuza Majumder passed the order, on prosecution...

16 fugitive Jamaat, Shibir men surrender

2008-03-26 00:00:00

CHITTAGONG, Mar 25 (UNB): Sixteen fugitive leaders and activists of Jamaat-e-Islami Bangladesh and its student wing Islami Chhatro Shibir, accused in two extortion cases, surrendered before a court here today (Tuesday). Court sources said Jamaat Satkania Upazila secretary and Kanchona...

German MPs arrive in city today

2008-03-26 00:00:00

A six-member delegation of parliamentarians on the Committee for Economic Cooperation and Development of the German Parliament Bundestag arrives in the city today (Wednesday) on a four-day visit to Bangladesh, reports UNB. The delegation, led by member of parliament (MP)...

Operators seek proper fiscal policies for tourism sector

2008-03-26 00:00:00

FE ReportOperators of services in the travel and tourism sector urged the government to initiate proper fiscal policies to pave the way for utilising the enormous potentiality of the sector in Bangladesh.They said the government's patronisation is needed for expansion...

StanChart opens its 3rd one-point collection centre in city

2008-03-26 00:00:00

FE ReportStandard Chartered (StanChart) Bank has opened its one-point collection centre (OCC) at the city's English Road as part of its agreement with the Dhaka Electric Supply Authority (DESA) last year. The one-point collection centre will make it easy for...

SJIBL, BRAC sign agri-finance deal

2008-03-26 00:00:00

FE ReportShahjalal Islami Bank Limited (SJIBL) and BRAC signed an agreement in the city Monday.Managing Director of SJIBL Muhammad Ali and Director (Finance) of the BRAC SN Kairy signed the agreement on behalf of their respective organisations.Under the Agreement, SJIBL...

Emirates to launch in-flight mobile telephone service

2008-03-26 00:00:00

FE ReportEmirates is the first airline in the world to commercially launch an in-flight mobile telephone service, affording even greater convenience to passengers wishing to stay connected while traveling, said a press release.The first authorised mobile phone from a commercial...

BJA team attends IJSG meet in Vietnam

2008-03-26 00:00:00

FE Report A four-member delegation led by Chairman of Bangladesh Jute Association (BJA) Md. Rezaul Karim went to Hanoi, Vietnam to attend the 8th meeting of the Private Sector Consultative Board (PSCB) of International Jute Study Group (TJSG) held on...

Mahbub joins Prime Bank as DMD

2008-03-26 00:00:00

FE ReportSyed Mahbubur Rahman joined Prime Bank Limited as deputy managing director on March 16, 2008. Prior to joining the bank, he was director and head of financial institutions of Citibank NA, Bangladesh.He started his career by joining Saudi Bangladesh...

Paper price goes up in Sirajganj

2008-03-26 00:00:00

Our correspondent SIRAJGANJ, March 25: Abnormal price hike of white writing paper is causing suffering to the poor guardians of the students of Sirajganj district.The price of white paper went up abnormally in the district since the announcement of the...

Japan’s grant for construction of vocational training centre

2008-03-26 00:00:00

FE ReportJapan will provide a grant amounting to US$85,368 (approximately Tk 5.8 million) for the construction of "BRIDGE Vocational Training Centre for Empowerment of Women." In this connection, Ambassador of Japan in Bangladesh Masayuki Inoue and Executive Director of BRIDGE...

Chain supermarket Agora now at Mirpur

2008-03-26 00:00:00

FE ReportAgora, the country's first and largest chain supermarket, has launched a new outlet at Mirpur in the city. National Press Club President Shawkat Mahmud and Rahimafrooz Group Chairman Afroz Rahim jointly inaugurated the outlet Tuesday. The newest outlet of...

AI-Arafah Islami Bank holds 212th EC meeting

2008-03-26 00:00:00

FE ReportThe 212th meeting of the Al-Arafah Islami Bank's executive committee (EC) was held at its head office in the city recently, said a press release.Chairman of the executive committee Abdus Samad presided over the meeting. The meeting reviewed the...

Pubali Bank Ltd inaugurates non-resident credit scheme

2008-03-26 00:00:00

FE ReportPubali Bank Limited has recently started a collateral-free credit line titled "Non-Resident Credit Scheme" for those who intend to go abroad for employment.Inaugurating the project, Managing Director of the bank Helal Ahmed Chowdhury handed over a cheque to Abdus...

corporatewatch

2008-03-26 00:00:00

Degradation of companyCity General Insurance: The company will be placed in "Z" category from the existing "N" category with effect from March 30, 2008 as the company did not recommend any dividend for the year 2007. SEC issues show-cause notice...

Oil prices extend falls on demand concerns, dollar rebound

2008-03-26 00:00:00

SINGAPORE, March 25 (AFP): World oil prices continued to ease in Asian trade today on concerns over weaker US energy demand and the dollar's rebound from recent sharp declines, dealers said. In afternoon trade, New York's main contract, light sweet...

China to spend 78pc more on energy efficiency, emission reduction

2008-03-26 00:00:00

BEIJING, March 25 (Xinhua): China's central government plans to increase spending on energy efficiency and greenhouse gas emission reduction schemes by 78 per cent this year as part of a larger effort to meet its 2010 environmental targets, the Ministry...

Nippon Steel to build new facility in Brazil

2008-03-26 00:00:00

TOKYO, March 25 (AFP): Japan's Nippon Steel Corp. plans to build a new production facility in Brazil amid stiff competition with rivals such as ArcelorMittal in fast-growing economies, a report said today. Japan's biggest steelmaker Nippon Steel expects to spend...

Dollar turns lower in Asia as economic concerns persist

2008-03-26 00:00:00

TOKYO, March 25 (AFP): The dollar came under fresh selling pressure in Asian trade today after an overnight rally sparked by hopes of an easing of the credit crunch on Wall Street fizzled out, dealers said. The dollar fell to...

ICAB president leaves for New Delhi tomorrow

2008-03-26 00:00:00

FE ReportInstitute of Chartered Accountants of Bangladesh President Md Humayun Kabir will attend a meeting of the Regional Standard Setters tomorrow (Thursday) to be held in New Delhi. The meeting will also be participated by Chairman David Tweedi and Director...

Three win HSBC Environment Champions prizes

2008-03-26 00:00:00

FE ReportThe final round of the HSBC Environment Champions was held at a city hotel recently. HSBC Bangladesh's chief executive officer Steve Banner, Daily Prothom Alo assistant editor AKM Zakaria and HSBC Bangladesh's corporate responsibility and communications manager M Sami...