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South Korea arrests man sought by FBI for 10 years

2008-03-20 00:00:00

SEOUL, Mar 19 (Reuters): South Korean police said Wednesday they have arrested a Korean-American suspected of murder and wanted by the Federal Bureau of Investigation after he fled the United States 10 years ago and went to South Korea. US-born...

Mohammedan, Biman maintain their joint lead

2008-03-20 00:00:00

Mohammedan SC and Biman Bangladesh Airlines jointly maintained their lead in the Metropolis Premier Division Cricket League after beating their respective opponents in the fifth round matches at different venues Wednesday, reports UNB.Mohammedan outclassed Sonargaon Cricketers by 8 wickets at...

Purbachol Parisad, Agrani Bank share points

2008-03-20 00:00:00

Purbachol Parisad shared points with Agrani Bank SC as the relegation league match of the Metropolis Senior Division Football between them ended in 3-3 goals draw at the Bangabadhu National Stadium (BNS) in the city Wednesday, reports UNB.Purbachol Parisad led...

N’ganj emerges group champions to reach semifinal

2008-03-20 00:00:00

Narayanganj DSA emerged Group A champions to reach the semifinal of the Fourth JFA Cup Under-15 Football tournament eliminating Khulna DSA by 2-1 goals at Rajshahi Stadium Wednesday, reports UNB.After barren first half, Arif and Javed scored for Narayanganj in...

Old Dhaka Hockey Assoc beat Police AC by 6 goals

2008-03-20 00:00:00

Old Dhaka Hockey Association registered a thumping victory, 6 goals to nil, against Police AC in the Independence Day Hockey Tournament at the Maulana Bhashani National Hockey Stadium in the city Wednesday, reports UNB.It was the second successive victory of...

Japan and West Bengal advance to final

2008-03-20 00:00:00

Japan and West Bengal advanced to the final of the Fresh Independence and National Day Women's Kabaddi Championship after eliminating their opponents in the semis at the Kabaddi Stadium in the city Wednesday, reports UNB.In the first semifinal, Japan crushed...

Inter-club booters transfer likely to be set today

2008-03-20 00:00:00

Bangladesh Football Federation (BFF) likely set the fresh date for inter-club booters transfer for the Metropolis Football League.BFF will sit with club representatives today (Thursday) at the BFF Bhaban at 4:30pm to find out solution of the impasse caused by...

ICC formalises guidelines for IPL

2008-03-20 00:00:00

The ICC executive board has formalised its stand on the Indian Premier League (IPL), saying international cricket was its top priority and laying out guidelines to ensure it stayed that way, reports Cricinfo. It also emerged from the meeting, in...

Chatgaon SC beats Madaripur Samaj Kalyan Samity

2008-03-20 00:00:00

Chatgaon Sporting Club (SC) earned a four-wicket victory over Madaripur Samaj Kalyan Samity in a super-six match of the Keraniganj AK Housing Cricket League at Kalindi Cricket Ground Wednesday, reports UNB.Madaripur Samaj Kalyan Samity batting first scored 140 for all...

Petrobangla sports meet opens Saturday

2008-03-20 00:00:00

The Central Sports Meet-2008 of Petrobangla will be held Saturday (March 22) at the Armed Police Battalion ground at Uttara in the city, reports UNB.Special Assistant to the Chief Adviser Prof M Tamim will inaugurate the meet as the chief...

Amended private varsity law set for approval

2008-03-20 00:00:00

A draft of the amended Private University Act is to be placed before a cabinet meeting for approval soon, education adviser Hossain Zillur Rahman said Wednesday, reports bdnews24.com. After a meeting of the Bangladesh-National Commission for Unesco at the secretariat,...

'Election roadmap not to be hampered' if local polls delayed by one or two months

2008-03-20 00:00:00

The election roadmap won't be disturbed even if local-body elections are delayed by one or two months since holding the national elections is the Election Commission's (EC's) main target.Chief Election Commissioner (CEC) ATM Shamsul Huda made the observation while talking...

EC to impose conditions on election observers

2008-03-20 00:00:00

The Election Commission (EC) is planning to impose a number of conditions - including minimum age and educational qualifications - for local observers in the upcoming elections, an election official said Tuesday. According to the proposed conditions, those applying must...

Ershad emphasises creation of provinces in country

2008-03-20 00:00:00

Former President and Jatiya Party (JP) Chairman Hossein Muhammad Ershad laid emphasis on creation of provinces in the country as he said the unitary government system failed to work properly to achieve development goals.The JP (Ershad) chairman said this while...

Inadvertent omission costs rawhide importers dearly

2008-03-20 00:00:00

Doulot Akter MalaImporters have been facing difficulties following the government's 'inadvertent' omission of Bibir Bazar land customs station as an authorised route for importing rawhide, situated in Comilla.In the current fiscal, the government imposed restrictions on import of a number...

More papers needed for approval of ‘Grameen Two’ mutual fund

2008-03-20 00:00:00

FE ReportFund manager of the proposed 'Grameen Two' mutual fund will submit additional documents following the securities regulator's refusal to approve the floatation of the scheme.The Securities and Exchange Commission (SEC) did not approve the proposal of the new scheme...

Special campaigns launched at all Singer Plus shops

2008-03-20 00:00:00

FE ReportA special campaign titled 'Discount Bharpur, Sei Sathe Summer Tour' was launched recently at all the Singer Plus shops across the country which will end on April 30.During this period a separate campaign titled 'Samsung Summer Sizzlers' has also...

Sheba Telecom changes name

2008-03-20 00:00:00

FE ReportThe company name "Sheba Telecom (Pvt) Limited" has been changed to "Orascom Telecom Bangladesh Limited". The company will continue to use and operate under brand name banglalinkTM established by it in Bangladesh.Sheba Telecom (Pvt) Limited was acquired by Orascom...

Ejab Group appoints MTI Consulting for RSRS, corporate branding

2008-03-20 00:00:00

Ejab Group and MTI Consulting have signed an agreement on a project, titled 'Re-structuring based on Re-strategising (RSRS) and Corporate Branding.' The signing ceremony took place at Banani in the city, said a press release. Ejab Group Chairman Mustaq Ahmed,...

Local co to invest $2.56m in Ctg EPZ

2008-03-20 00:00:00

Bangladeshi company M/s Sea Blue Accessories Industries Limited will set up a Packaging and Accessories Industry in Chittagong Export Processing Zone with an investment of US$ 2.56 million, reports UNB.The 100 percent local owned company will produce items like carton,...

Lafarge organises science fair for Chhatak students

2008-03-20 00:00:00

FE ReportA day-long science fair was held at Chhatak recently.Lafarge Surma Cement Limited, a leading cement maker of the country, in collaboration with local Upazila administration organised the fair.Nearly 300 students from different educational institutions under Chhatak Upazila participated in...

corporatewatch

2008-03-20 00:00:00

Trust Bank recommends 10pc stock dividend, 20pcright sharesThe board of directors of Trust Bank Limited has recommended 10 per cent stock dividend and 20 per cent right shares (i.e. one right share for every five existing shares) of Tk 200...

Premier Bank holds workshop on money laundering

2008-03-20 00:00:00

FE ReportIn order to increase awareness about prevention of money laundering The Premier Bank Ltd organised a workshop on 'Prevention of Money Laundering' at Premier Bank Training Institute at Banani in the city Saturday.Managing Director of the Bank Khondker Fazle...

Akter Traders distributor of ScanCement in Sylhet, Sunamganj

2008-03-20 00:00:00

FE ReportM/s Akter Traders became the distributor of Heidelbergcement Bangladesh Limited in Sylhet and Sunamganj districts.Recently a dealership agreement was signed between the two organisations.Director (Marketing, Sales and IT) of Heidelbergcement Bangladesh Limited Rama-kanta Bhattacharjee and proprietor of M/s Akter...

Asian stocks rally after Fed cut

2008-03-20 00:00:00

TOKYO, March 19 (AP): Asian stock markets opened sharply higher Wednesday as investors welcomed a hefty US interest rate cut and a rally on Wall Street overnight. Sentiment was also lifted by better-than-expected earnings from major US investment banks Goldman...

Mutual Trust Bank holds training on general advance

2008-03-20 00:00:00

FE ReportA 16-day training programme on 'general advance' began at the Mutual Trust Bank Training Institute in the city recently.Managing Director of Mutual Trust Bank Limited Kazi Md Shafiqur Rahman formally inaugurated the programme as the chief guest.The managing director...

Salt could shake up world energy supply

2008-03-20 00:00:00

TOFTE, Norway, March 19 (Reuters): Only up to powering light bulbs so far, "salt power" is a tantalising if distant prospect as high oil prices make alternative energy sources look more economical. Two tiny projects to mix sea and river...

Some Indian fruits, vegetables banned in Russia, China, US

2008-03-20 00:00:00

NEW DELHI, Mar 19 (PTI): Some Indian fruits and vegetables have been banned in countries such as China, the US and Japan, while Russia has prohibited the entry of all such items due to hygienic and other reasons, Lok Sabha...

Investors warm to water as shortages mount

2008-03-20 00:00:00

LONDON, March 19 (Reuters): As liquidity is drained from credit and money markets and pours into oil and gold, another asset class that could offer long-term returns to the discerning investor is water. Water shortages are on the rise-stemming from...

Call to create jobs for the unemployed in Khulna

2008-03-20 00:00:00

FE ReportKHULNA, Mar 19: Thousands of educated and literate young people are leading miserable life due to acute unemployment in the region.Many of them have been earning their living by illegal means like smuggling and drug peddling. As a result,...