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Hasina, Khaleda not eligible for pardon by Truth Commission: CA

2008-03-23 00:00:00

Chief Adviser Dr Fakhruddin Ahmed has said detained former Prime Ministers Khaleda Zia and Sheikh Hasina would not be eligible to appear before the proposed Truth Commission for pardon as they are already arraigned on corruption charges and facing trial...

NBR body suggests expansion of tax holiday facility

2008-03-23 00:00:00

Doulot Akter MalaThe National Board of Revenue (NBR) committee has recommended for extending the tax holiday facility to industries having a minimum paid-up capital worth Tk 1.0 million.The facility is now offered to industrial units having minimum paid-up capital of...

Severe storm kills seven in Sunamganj

2008-03-23 00:00:00

SUNAMGANJ, Mar 22: A severe storm tore through five upazilas of the district leaving at least seven minor children killed and about 200 wounded Friday midnight. Jamshed Mia (10) and Nasima Khatun Kona (5) in Sadar Upazila, Nilufa Begum (4)...

Hospital to submit report to court on Hasina's tests

2008-03-23 00:00:00

Square Hospital authorities will submit a report to court, though not the final one, on how many tests Hasina has undergone since her admission to the hospital, a senior jail official said Saturday. DIG (prisons) Maj Shamsul Haider Siddiqui said...

Company lessons in reaching the world's poorest

2008-03-23 00:00:00

Christian Seelos FT Syndication ServiceCan multinationals make money out of serving the world's poorest people? In his classic book, The Fortune at the Bottom of the Pyramid, C.K. Prahalad insisted they could. However, companies have been told little about what...

Bangladesh to join WB's stolen asset recovery initiative

2008-03-23 00:00:00

Shakhawat Hossain The country is likely to join the stolen asset recovery (StAR) initiative launched jointly by the World Bank and United Nations Office on Drugs and Crime (UNODC) last year, sources said."A lot of progress has been made to...

NBL pioneer in private commercial banking

2008-03-23 00:00:00

FE ReportNational Bank Ltd (NBL), a first generation private commercial bank (PCB), will complete 25 years of its operation today (Sunday)."We feel proud that we have been able to successfully cross a milestone of 25 years with dedicated service and...

Stock mkt picks up its steam last week

2008-03-23 00:00:00

FE ReportDhaka stock market bounced back in the week ended Thursday amid increased participation of institutional and small investors."The market picked up its steam in the past week with the support coming mainly from institutional investors," said a DSE source.Although...

Rajbari citizens demand rehab of river erosion-hit people, dam construction

2008-03-23 00:00:00

FE ReportSpeakers at a discussion in Rajbari have demanded immediate rehabilitation of the district's river erosion-hit people and construction of a dam from Gudarbazar to Dhunchi to save the area from erosion of the Padma.They made the demands at a...

Govt closely monitoring Chevron's seismic survey in Lawachhara

2008-03-23 00:00:00

FE ReportThe government is closely monitoring the seismic survey being conducted by US company Chevron in Lawachhara national forest at Moulvibazar in Sylhet for oil and gas exploration, official sources said."Two independent bodies constituted by the Department of Environment and...

I haven't started political dialogue, says Geeta Pasi

2008-03-23 00:00:00

US Charge d' Affaires Geeta Pasi apparently refuted the government contention that she is holding dialogue with political parties, which is an interference in the country's domestic affairs and breach of diplomatic norms.She said this while visiting Gulshan police station...

Final voter list to be ready by October

2008-03-23 00:00:00

The final voters' list will be available by October this year, as registration of 49.3 million (4.93 crore) voters has already been completed across the country, reports UNB."Registration of 49.3 million voters has been completed (across the country) and it...

Central banks in mortgage crisis talks

2008-03-23 00:00:00

LONDON, March 22 (Reuters): Central banks on both sides of the Atlantic are in talks about the feasibility of mass purchases of mortgage-backed securities in a bid to solve the global credit crisis, the Financial Times said on Saturday. The...

Miladunnabi observed

2008-03-23 00:00:00

Millions of Muslims Friday across the country joined special prayers and staged colourful street marches celebrating the holy Eid-e-Miladunnabi, the advent of Prophet Hazrat Muhammad (SM) 1,438 years ago on this day of the month of Rabiul Awal, reports BSS....

Tigers' clean sweep against Ireland

2008-03-23 00:00:00

Bangladesh whitewashed Ireland in the three-ODI series 3-0, handing a massive 79-run defeat to the visitors in the final one-dayer at Mirpur Sher-e-Bangla National Stadium Saturday, reports bdnews24.com. The Tigers folded the Irishmen at 214 with 4.3 overs to spare,...

32 ex-BNP MPs for release of Khaleda, Hasina by Mar 26

2008-03-23 00:00:00

A total of 32 former lawmakers of BNP in a joint statement have demanded release of party chairperson Khaleda Zia and Awami League president Sheikh Hasina by March 26.They made the demand Saturday from a meeting called by organising secretary...

Call for creating micro credit fund for Afro-Asian countries

2008-03-23 00:00:00

Representatives from 13 Afro-Asian countries at a workshop in Comilla Thursday called for taking initiatives to create micro credit funds at national and international level for alleviating rural poverty in the region, reports BSS. They also suggested developing an innovative...

Thailand donates 1000 tonnes of rice for Sidr victims

2008-03-23 00:00:00

FE ReportThailand donated 1,000 tonnes of rice for the Sidr-affected people of Bangladesh as a goodwill gesture. Thai Ambassador in Bangladesh Chalermpol Thanchitt formally handed over the rice to Chittagong Divisional Commissioner Hussain Jamil at Chittagong port recently.Regional Controller of...

76 out of 86 flour mills closed in N'ganj

2008-03-23 00:00:00

NARAYANGANJ, Mar 22 (UNB): Around 76 out of 86 flour mills at Nitaiganj of the district closed their operations in last one year due to short supply and exorbitant price of wheat.Once Nitaiganj was famous for producing 75 per cent...

DCCI celebrates golden jubilee

2008-03-23 00:00:00

FE ReportThe golden jubilee function of Dhaka Chamber of Commerce and Industry (DCCI) was organised Saturday amid much enthusiasm and fanfare in the city on the occasion of its 50th founding anniversary and the completion of 400 years of Dhaka...

Shahjalal Islami Bank extends investment facility to SWMCH

2008-03-23 00:00:00

FE Report Shahjalal Islami Bank Ltd (SJIBL) has signed an agreement with Sylhet Women's Medical College Hospital (SWMCH) at the boardroom of SWMCH in Sylhet recently. SJIBL Managing Director (MD) Muhammad Ali and Chairman of the governing body of Sylhet...

Two-day job fair begins at DU

2008-03-23 00:00:00

DU CorrespondentA two-day job fair began on the Business Studies Faculty premises of Dhaka University (DU) Saturday to collect resumes from graduates in order to provide them with jobs in various corporate houses as per their eligibilities.Corejobs-bd.com, a new job...

Brac Bank boss gets Asian Banker Achievement Award

2008-03-23 00:00:00

FE ReportBRAC Afghanistan Bank Managing Director-cum-Chief Executive Officer Saifuddin M Naser won the prestigious international award 'The Asian Banker Promising Young Banker Award for Bangladesh' for his contribution to BRAC Bank Ltd in Bangladesh as the head of retail banking.Prior...

Seven more Berger ColorBank outlets in city

2008-03-23 00:00:00

FE ReportA total of seven Berger ColorBank outlets were inaugurated in the city recently. Berger Paints (BD) Ltd Managing Director Rupali Chowdhury inaugurated ColorBanks at Sarmin Hardware at Jhigatola, Laxmipur Hardware at Hatirpool and Royal Hardware at Kochukhet, in the...

Training on production of jute seeds ends

2008-03-23 00:00:00

ULIPUR (Kurigram), Mar 22 (BSS): A daylong training course on production and preservation of high quality seeds of jute and 'kenaf', a foreign plant species close to jute, for the farmers was held here recently.Rangpur Regional Centre of Bangladesh Jute...

Greenback stable against BDT

2008-03-23 00:00:00

Sarwar Zahan US dollar was stable against Bangladesh taka (BDT) in the inter-bank foreign exchange market last week despite higher demand for the greenback, as the central bank intervened actively, fund managers said. The demand for the greenback rose due...

GP to fund cervical cancer prevention programme

2008-03-23 00:00:00

FE ReportGrameenphone (GP) will fund for the first time in Bangladesh, a pilot programme to prevent cervical cancer among economically disadvantaged young women. A vaccination programme for prevention of the disease will be administered by Bangladesh Medical College Hospital in...

IBBL bags Best Islami Banking Award

2008-03-23 00:00:00

FE ReportIslami Bank Bangladesh Limited (IBBL) received the 'Best Islami Banking Award' of the Bank-Bima Patrika Award-2007 given by the fortnightly Bank-Bima.Editor of Bank-Bima Abdul Jabbar Mehman handed over the prize to IBBL Executive President M Fariduddin Ahmad at a...

Share prices advance in Asian markets

2008-03-23 00:00:00

Asian stock prices mostly rose in light trading Friday, closing out a turbulent week. Japan's main stock market index rose 1.8 per cent, and South Korean shares extended their winning streak into a fourth session as the nation's main market...

Dhaka Bank holds training workshop for managers

2008-03-23 00:00:00

FE ReportDhaka Bank organised a three-day training workshop on ‘How to reduce cost of fund in commercial bank’ at Dhaka Bank Training Institute (DBTI) at Motijheel in the city recently.A total of forty five managers, executives and officers from different...