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Microsoft to help Dohatec introduce its application

2008-03-13 00:00:00

FE ReportPresident of Microsoft South East Asia Chris Atkinson and Director (Partner Development), Asia Pacific Region of Microsoft, Stephen Cadisch visited Dohatec New Media in the city recently.Dohatec, a software development company in Bangladesh, has made applications for highly recognised...

corporatewatch

2008-03-13 00:00:00

Southeast Bank recommends 25pc stock, 15pc cash dividendsThe board of directors of Southeast Bank Ltd has recommended 25 per cent stock dividend (i.e. one bonus share for every four ordinary shares) and 15 per cent cash dividend for the year...

Asian stocks rally on moves to ease credit crisis

2008-03-13 00:00:00

HONG KONG, March 12 (Internet): Asian stocks rose sharply Wednesday after the US and other central banks triggered a Wall Street surge by agreeing a huge cash injection into ailing credit markets.Japanese share prices closed up 1.6 per cent, Australian...

Rajshahi Sugar Mills exceeds production target

2008-03-13 00:00:00

RAJSHAHI, Mar 12 (UNB): Rajshahi Sugar Mills completed sugarcane crushing Tuesday with a production of 13,300 tonnes of sugar exceeding its target.Mill sources said the authority had set a target to produce 12,300 tonnes of sugar by crushing 0.17 million...

NASCIB to boost capacity of women entrepreneurs

2008-03-13 00:00:00

FE ReportThe annual general meeting (AGM) of the National Association of Small and Cottage Industries of Bangladesh (NASCIB) was held in the city Monday, said a press release.President of NASCIB's central executive committee Mirza Nurul Ghani Shovon presided over the...

Three-day int'l tourism fair kicks off in city today

2008-03-13 00:00:00

FE ReportA three-day international tourism fair, Aktel-Dhaka Travel Mart-2008, begins in the city today (Thursday).Syed Mohammad Zobaer, secretary of the Civil Aviation and Tourism Ministry, will formally inaugurate the exhibition at Dhaka Sheraton Hotel.The Bangladesh Monitor, a travel and tourism...

Microsoft patches 12 critical flaws in office

2008-03-13 00:00:00

Microsoft issued Tuesday four patches that fix 12 critical security vulnerabilities in Excel, Out-look, and other office components that attackers could exploit to take total control of affected PCs.One zero-day flaw was also identified that hackers have already started exploiting,...

Joint Venture Engineers chooses ScanCement

2008-03-13 00:00:00

FE ReportJoint Venture Engineers Ltd opted for Scan Cement for their recent construction of a high-rise building in the city.The company recently signed an agreement with HeidelbergCement Bangla-desh Ltd to this effect.Managing Director of Joint Venture Engineers Ltd Badrul Ahsan...

Cambodia's garment exports to grow by 6 to 7pc

2008-03-13 00:00:00

PHNOM PENH, March 12 (Xinhua): Cambodia's garment exports will grow by six to seven per cent this year, English- Khmer language newspaper the Mekong Times today quoted official as saying. "We project that garment exports will increase by six to...

Myanmar nuts to produce energy

2008-03-13 00:00:00

PYAW GAN, Myanmar, March 12 (Reuters): They may look leafless and lifeless, but Kyaw Sinnt is certain his nuts are the key to Myanmar's chronic energy shortage. Others are less sure, saying the junta's plan to turn the country into...

Dollar eases back in Asia

2008-03-13 00:00:00

TOKYO, March 12 (AFP): The dollar eased back against other major currencies in Asian trade today as an overnight rally sparked by central bank action to bolster ailing credit markets ran out of steam, dealers said. The euro was quoted...

Oil boom fuels Muslim wealth gap

2008-03-13 00:00:00

DAKAR, March 11 (AFP): Record oil prices are fuelling the economic divide in the world's Islamic body, which starts a summit here Thursday, between its super-rich oil powers such as Saudi Arabia and poor nations such as Sierra Leone. Some...

Canada's frigid north a diamond miner's paradise

2008-03-13 00:00:00

DIAVIK MINE, Northwest Territories, March 12 (Reuters): Once a hotbed of gold mining, Canada's far north is now unearthing riches from a different precious commodity: diamonds. At the Diavik mine, just over 200 km (130 miles) south of the Arctic...

Japan opposition vetoes leave BoJ in global credit crisis

2008-03-13 00:00:00

TOKYO, Mar 12 (Reuters): Opposition lawmakers vetoed the Japanese government's pick for central bank governor today, leaving the Bank of Japan (BoJ) in the middle of the global credit crisis with no successor to Governor Toshihiko Fukui one week before...

Chinese foreign direct investment up sharply

2008-03-13 00:00:00

SHANGHAI, Mar 12 (AFP): Foreign direct investment into China jumped 75.2 per cent in January and February from a year ago, the government said Wednesday, as Asia's number two economy remained a top investment destination. Foreign investment in the first...

New Fed liquidity effort boosts confidence, for now

2008-03-13 00:00:00

WASHINGTON, Mar 12 (AFP): The latest Federal Reserve-led initiative to ease a global credit squeeze got a vote of confidence from financial markets Tuesday as analysts said it could help a gridlocked financial system. The actions by the Fed and...

'India requires enormous investment in infrastructure'

2008-03-13 00:00:00

NEW DELHI, (Internet): Finance minister P Chidambaram Tuesday said that India required enormous investment in infrastructure sector as infrastructure projects have long gestation periods and, in most cases, are not financially viable on their own. The advantage of long-tenure and...

Tokyo trims Q4 growth estimate to 3.5pc

2008-03-13 00:00:00

TOKYO, Mar 12 (AFP): Japan's government today trimmed its fourth-quarter growth estimate to an annualised 3.5 per cent, despite forecasts of a weaker performance as the US economy falters. An initial estimate last month had shown that Asia's largest economy...

'Dutch Disease' seen dragging down Philippine growth

2008-03-13 00:00:00

MANILA, Mar 12 (AFP): Philippine economic growth will fall sharply this year due to an overvalued peso and businesses who fail to re-invest their profits, a Manila-based think-tank said today. After gross domestic product (GDP) struck a 31-year high with...

'Social mobilisation' at grassroot level stressed for achieving cent per cent sanitation

2008-03-13 00:00:00

TANGAIL, Mar 12 (UNB): Speakers at a workshop stressed the need for facilitating capacity building for 'social mobilisation' at grassroot level to achieve cent percent sanitation in the country by 2010. "We should devote to the commitment of ensuring sanitation,...

Train attendant killed in Ctg Mail train robbery

2008-03-13 00:00:00

BRAHMANBARIA, March 12 (bdnews24.com): Robbers held up the Dhaka Chittagong Mail train early Wednesday, murdering a train attendant and looting valuables, police and passengers said. "I woke up hearing my fellow passengers screaming," said Iqbal Molla, general manager of the...

Eight persons killed in separate incidents

2008-03-13 00:00:00

Eight persons were killed and many others injured in separate incidents in different places of the country during the last two days, report agencies.In Gazipur, armed robbers killed a house owner and injured five house inmates and looted valuables worth...

Two siblings among four to die for double-murder

2008-03-13 00:00:00

NARAYANGANJ, Mar 12 (UNB): Four persons, including two siblings, were Wednesday sentenced to death for the double-murder of mother and daughter in Deobhog area under Fatulla thana. Five others, including father and sister of the two brothers sentenced to death,...

Police SI held for abducting CU female student

2008-03-13 00:00:00

CHITTAGONG, Mar 12 (UNB): A police sub-inspector (SI) was arrested for allegedly abducting a female student of Chittagong University at Nandirahat in Hathazari Upazila on Tuesday night.Hathazari police said they arrested M Nasiruddin, SI of Cox's Bazar district police. "Nasir...

Four held with Phensidyl

2008-03-13 00:00:00

JOYPURHAT, Mar 12 (UNB): Elite force RAB in separate drives arrested four people and recovered 918 bottles of Indian Phensidyl and banned jute seeds in Sadar Upazila Monday.Acting on secret information, a team of RAB-5 raided a vegetable loaded truck...

Office bearers

2008-03-13 00:00:00

The following persons were elected as office bearers of the Insaf Shanchay Samity in the city for the year 2008-- 09---- President Md Moshadequr Rahman, Vice- president Md Shajahan Ali, General Secretary Md Sulaiman, Assistant General Secretary Md Abdul Latif,...

6,000 chickens die of bird flu in Khulna

2008-03-13 00:00:00

KHULNA, Mar 12 (UNB) -:Some 6,000 chickens died of avian influenza in a poultry farm in Batiaghata Upazila in last six days till Wednesday afternoon.Owner of Chhaya Poultry Farm Sheikh Abed Ali said the chickens started dying in his poultry...

Rice import jumps by 600pc in quantity, 1000pc in price

2008-03-13 00:00:00

FHM Humayan Kabir Rice import has increased by 600 per cent in quantity and 1000 per cent in price in the first eight months of the fiscal, due to huge production shortfall and soaring global prices, the central bank said...

Still Biman has a long way to go

2008-03-13 00:00:00

Shahiduzzaman Khan'Biman will no longer limp, sit idle in other airports or be stranded in Dhaka, so said Chief Adviser's Special Assistant for Civil Aviation Mr Mahbub Jamil at a press briefing in Dhaka this week. Amid jubilation, he announced...

Rupali seeks 'urgent' appointment of 900 officers to resume normal work

2008-03-13 00:00:00

Shakhawat Hossain Rupali Bank Wednesday urged the finance ministry to give approval to appointment of 900 officers on emergency basis as part of its plan to revive its financial fortune, officials said."Without filling up at least half of the vacant...