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corporatewatch

2008-03-18 00:00:00

United Insurance earnsTk 25.53m net profitUnited Insurance Company Limited earned a net profit of Tk 25.53 million in the year that ended on December 31, 2007. The earning per share (EPS) of the company stood at Tk 32.73.Al-Arafah Islami Bank...

City Bank Foundation donation to SEID Trust

2008-03-18 00:00:00

FE ReportThe City Bank Foundation gave donation for the underprivileged and intellectually disabled children of Special Education for Intellectually Disabled (SEID) Trust for their education, medical treatment and other expenses as part of its corporate social responsibility.Managing Director of The...

Constitution of BACB approved

2008-03-18 00:00:00

FE ReportThe third general meeting of the Bangladesh Association of Certification Bodies (BACB) was held in the city recently.The members of the BACB unanimously approved its constitution. As per the constitution, the first executive committee was elected by the direct...

Citycell donation for underprivileged children

2008-03-18 00:00:00

FE ReportCitycell donated Tk 4,90,000 to Dhaka Shishu Hospital aiming to stand beside underprivileged children.Citycell Chief Executive Officer (CEO) Michael Seymour handed over a cheque for the amount to Director of Dhaka Shishu Hospital Dr Salim Shakur at a simple...

Fed cuts key rate, offers quick aid to brokers

2008-03-18 00:00:00

WASHINGTON, Mar 17 (AFP): In a rare yesterday action aimed at heading off fresh market upheaval, the Federal Reserve cut a key rate for direct loans to certain financial institutions and said it would offer immediate liquidity to the brokerage...

No deal on BoJ chief as deadline nears

2008-03-18 00:00:00

TOKYO, Mar 17 (Reuters): Japan's government struggled to resolve a deadlock over a new central bank chief, but chances of a breakthrough before a Wednesday deadline when the current governor retires were dimming even as market turmoil took the dollar...

Entry of Indian IT workers irks British trade body

2008-03-18 00:00:00

London, Mar 17 (Internet): Indians account for 80 per cent of applicants seeking work permits to enter Britain's IT industry last year, according to the Association of Technology Staffing Companies. Citing government data, the British trade body Monday claimed that...

New US president won't shun WTO deal: Zoellick

2008-03-18 00:00:00

BRUSSELS, Mar 17 (Reuters): Whoever wins the US presidency would probably back a global trade pact if a deal can be reached this year, despite Democratic candidates' scepticism over free trade, the head of the World Bank said. World Bank...

Zhou nominated to stay on as China central bank chief

2008-03-18 00:00:00

BEIJING, Mar 17 (Reuters): Central bank governor Zhou Xiaochuan was nominated Monday to stay on as China's central bank governor.The nomination will be formally put to a vote later by the National People's Congress, the largely ceremonial parliament, which usually...

Dollar plunges to fresh lows against euro, yen

2008-03-18 00:00:00

TOKYO, March 17 (AFP): The dollar plunged in Asian trade today on fears that the credit crunch could claim more victims on Wall Street, hitting a record low against the euro and a 12-year trough versus the yen, dealers said....

S Korea firms seek six billion dollar mining, energy projects

2008-03-18 00:00:00

SEOUL, March 17 (AFP): South Korea plans to invest about six billion dollars in overseas mining and energy projects to secure stable supplies for the resource-poor nation, a state minerals explorer said today. Korea Resources Corp (KORES) said it would...

UAE eliminates import duties on cement and steel

2008-03-18 00:00:00

DUBAI, March 17 (AFP): The United Arab Emirates yesterday eliminated import duties on cement and steel to help the Gulf state's booming real estate sector cope with soaring prices for building materials. The vice president and prime minister, Sheikh Mohammed...

Soaring grain prices to worsen N Korean crisis

2008-03-18 00:00:00

SEOUL, March 17 (AFP): Soaring international grain prices will aggravate North Korea's acute food shortage and encourage more people to flee the communist country, a South Korean private think tank has said. The Hyundai Economic Research Institute warned in a...

China warns Tibetans, denies using deadly force

2008-03-18 00:00:00

BEIJING, Mar 17 (AFP): China Monday warned Tibetans involved in anti-Chinese protests to quickly surrender, and insisted it had not used deadly force in quelling the unrest, blaming rioters for murdering 13 people. "They either burned or hacked to death...

New Pakistan parliament convenes

2008-03-18 00:00:00

ISLAMABAD, Mar 17 (AP): Pakistan Monday inaugurated a new parliament dominated by opponents of President Pervez Musharraf who have vowed to crimp his powers and review his US-backed policies against Islamic militants. At stake is the future course and political...

Baghdad rocked as McCain, Cheney visit Iraq

2008-03-18 00:00:00

BAGHDAD, Mar 17 (AP): Explosions rocked Iraq's capital Monday as Vice President Dick Cheney and Republican presidential hopeful Sen. John McCain visited ahead of the fifth anniversary of the US-led invasion. Helicopter gunships circled over central Baghdad and the heavily...

Iran conservatives win parliament majority

2008-03-18 00:00:00

TEHRAN, Mar 17 (Reuters): Conservatives won a majority in Iran's parliamentary vote, state television said Sunday, but the new assembly may still give President Mahmoud Ahmadinejad a tougher time ahead of next year's presidential election. Western powers embroiled in a...

Bomb attack kills 2 Danish soldiers

2008-03-18 00:00:00

KANDAHAR, Mar 17 (AP): A suicide car bomber killed two Danish soldiers and three Afghan civilians in southern Afghanistan Monday, officials said. The Danish army said two of its soldiers were killed in the attack in the Gereshk district of...

Serbs clash with UN, NATO in north Kosovo

2008-03-18 00:00:00

MITROVICA, Mar 17 (Reuters): Hundreds of Serbs in north Kosovo clashed with UN police and NATO peacekeepers Monday in the worst violence in the territory since the Albanian majority declared independence last month. Riots erupted in the town of Mitrovica...

Rice, Gates due in Moscow for missile defence talks

2008-03-18 00:00:00

MOSCOW, Mar 17 (AFP): Top US officials Condoleezza Rice and Robert Gates were to hold sensitive talks on missile defence Monday with Russian President Vladimir Putin and his successor in waiting Dmitry Medvedev. The talks were a first opportunity since...

Wreck of long-lost WWII cruiser found

2008-03-18 00:00:00

CANBERRA, Mar 17 (AFP): The wreck of a lost Australian cruiser sunk in a World War II naval battle more than 66 years ago has been found off the coast of Western Australia, Prime Minister Kevin Rudd announced Monday. The...

England celebrate emphatic win over Kiwis

2008-03-18 00:00:00

WELLINGTON, Mar 17 (AFP): England levelled the cricket series against New Zealand when they won the second Test by an emphatic 126 runs on the final morning at the Basin Reserve here Monday.It was their first victory in nine months...

Bangladesh face Ireland in 1st ODI today

2008-03-18 00:00:00

After a dismal performance in the home series against South Africa, Bangladesh faces visiting Ireland in the first of the three-match Ispahani ODI Series today (Tuesday) at Mirpur Sher-e-Bangla National Stadium (SBNS), reports UNB.State run BTV will telecast live the...

Mirza upsets Peer in US tennis

2008-03-18 00:00:00

INDIAN WELLS, Mar 17 (AFP): India's Sania Mirza continued her domination of Shahar Peer, defeating the ninth-seeded Israeli in three sets Sunday to reach the fourth round of the Pacific Life Open.Mirza triumphed 6-7 (7/9), 7-5, 6-3 for her fourth...

EU, Australia oppose Olympic boycott

2008-03-18 00:00:00

European Union nations, Australia and Olympic committees opposed a boycott of the Beijing Games over China's handling of the Tibet protests, reports agencies.The EU sports ministers and Olympic committees, holding talks Monday, said sports should not be linked to such...

Barcelona fail to impress with Almeria draw

2008-03-18 00:00:00

MADRID, Mar 17 (AFP): On Samuel Eto's 100th appearance for the club, Barcelona missed a golden opportunity to make inroads on leaders Real Madrid when Almeria twice came from behind to secure a 2-2 draw Sunday.After Real's surprise 1-0 slip-up...

Brothers earn 1-wkt win over Agrani Bank

2008-03-18 00:00:00

Despite a century by Zahid Hossain of Agrani Bank CC, Brothers Union Club earned a hard-fought 1-wicket victory over Agrani Bank in the Metropolis First Division Cricket League at the Dhaka University ground (DUG) Monday, reports UNB.Coin-favoured, Agrani Bank CC...

Victoria SC draws goalless with Sunrise SC

2008-03-18 00:00:00

Victoria SC played to a one-all draw with their nearest rival Sunrise SC in the super six match of the Metropolis Senior Division Football League at the Bangabandhu National Stadium in the city Monday, reports UNB.After the day's outcome, Victoria...

Independence Day Karate Mar 28

2008-03-18 00:00:00

The two-day Independence Day Karate Training Camp, organised by Bangladesh Karate Federation, will begin in the city on March 28 at the Mirpur Shahid Suhrawardy Indoor Stadium, reports UNB.The interested participants have been requested to send their entries in prescribed...

AL central leaders asked to act for Hasina's release

2008-03-18 00:00:00

Leaders of Gopalganj Awami League (AL) have expressed their disappointment over the party's central leaders as to why initiatives are not being taken to release party chief Sheikh Hasina. They made the comments while presidium members including Amir Hossain Amu,...