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UN envoy meets Suu Kyi again

2008-03-11 00:00:00

YANGON, Mar 10 (Reuters): Myanmar opposition leader Aung San Suu Kyi had 50 minutes of talks with visiting UN envoy Ibrahim Gambari Monday, her second meeting with him in two days, witnesses said. UN officials gave no details of Gambari's...

Abahani outplay City Club by 166 runs

2008-03-11 00:00:00

Holders Abahani Limited registered their 2nd victory in the Metropolis Premier Division Cricket League, outplaying City Club by 166 runs in a 3rd round match at the Narayanganj Osmani Stadium (NOS) Monday, reports UNB.Sent into bat first, the popular Dhanmondi-based...

Becks' soccer appeal cools in Asia

2008-03-11 00:00:00

HONG KONG, Mar 10 (AFP): David Beckham's move to Major League Soccer may have been good for his wallet but it has apparently not helped his popularity in Asia.Empty seats and surprising indifference greeted football's greatest star, who was mobbed...

South Africa play friendly match with orphans

2008-03-11 00:00:00

Visiting South African cricket team Monday played a friendly match with the orphan children of Sir Salimullah Orphanage, who were part of Warid Telecom team, at the Mirpur Sher-e-Bangla National Cricket Stadium, reports UNB.As a goodwill gesture, the South African...

Nat’l Men's Handball reaches semi-final

2008-03-11 00:00:00

Bangladesh Rifles, Police, Ansar and Rajshahi DSA emerged group champions to reach the semi-finals of the Exim Bank 18th National Men's Handball Championship winning their respective matches at the Outer Stadium handball ground Monday, reports UNB.In the semis Wednesday, Bangladesh...

Purbachol Parishad beat Dipali JS 2-0

2008-03-11 00:00:00

Purbachol Parishad earned a 2-0 goals victory over bottom-placed Dipali Jubo Sangha in a relegation league match of Metropolis Senior Division Football League at the Bangabandhu National Stadium here Monday, reports UNB.Saifuzzman put Purbachol Parishad ahead in the 20th minute,...

Langer wins Toshiba Classic playoff

2008-03-11 00:00:00

NEWPORT BEACH (California), Mar 10 (AP): Bernhard Langer outlasted Jay Haas in the Toshiba Classic on Sunday, birdieing the final hole of regulation to force a playoff and winning with a birdie when Haas missed a 4-foot putt on the...

SC ends appeal hearing

2008-03-11 00:00:00

The Supreme Court (SC) Monday concluded the proceedings of an appeal hearing against a High Court (HC) order that had ruled illegal the Anti-corruption Commission (ACC) wealth notice on Sheikh Hasina. A seven-member Bench of the Appellate Division chaired by...

Ershad's JP ready to join local polls ahead of national elections

2008-03-11 00:00:00

Chairman of the Jatiya Party (JP) HM Ershad said his party had no objection to taking part in the local government elections ahead of the national polls. The JP was also holding talks with various parties with a view to...

'Reformists' urged to respond to Khaleda's unity call

2008-03-11 00:00:00

BNP Joint Secretary General Goyeshwar Chandra Roy has said 'reformists' would have to set aside bickering to respond to party Chief Khaleda Zia's call for initiating an effective unity process. Talking to reporters in the city Monday, the pro-Khaleda leader...

BCL demands release of its general secy

2008-03-11 00:00:00

Bangladesh Chhatra League (BCL), the student wing of Awami League, demanded Monday immediate release of its detained general secretary Mahfuzul Haider Chowdhury Roton, reports UNB.Joint forces arrested Roton on January 15 last year while he along with five party colleagues...

Hasina enlisted as voter, Khaleda may be enlisted soon

2008-03-11 00:00:00

The Election Commission (EC) has enlisted detained former prime minister and Awami League (AL) President Sheikh Hasina as voter Monday.Deputy Inspector General (DIG) (Prisons) Major Shamsul Haider Siddiqui confirmed the listing of Hasina as voter in the evening, reports UNB....

KCC Ward commissioner gets six months in jail

2008-03-11 00:00:00

KHULNA, Mar 10 (UNB): A court here Sunday convicted a Khulna City Corporation (KCC) Ward commissioner and awarded him six months imprisonment in a snatching case.The court also fined the convict KCC Ward Commissioner Sheikh Abul Kalam Azad Tk 1,000,...

Condemned JMB prisoner dies

2008-03-11 00:00:00

A condemned Jama'atul Mujaheedin Bangladesh (JMB) prisoner, who was undergoing treatment at Dhaka Medical College Hospital (DMCH) died Sunday. The dead was identified as Nasir Ullah (19), son of Abdul Latif of Shibpur village under Jhenidah Sadar Upazila, reports UNB.Jail...

Prime Bank launches ATM service

2008-03-11 00:00:00

FE Report Prime Bank Limited, a leading private commercial bank, has launched its ATM (automated teller machine) service aiming to provide 24-hour services including ready cash, balance searching and instant mini-statement facilities to their clients. The card holders of the...

Local co to invest $45m to set up power plant in Comilla EPZ

2008-03-11 00:00:00

M/s Agrani Complex (Pvt) Ltd, a Bangladeshi company, will set up a 50 mw power plant in Comilla EPZ to solve the power crisis of Comilla EPZ and its surrounding areas, reports UNB.This power plant will be established investing US$...

IBBL organises w'shop on Islamic banking for Bank of Ceylon officials

2008-03-11 00:00:00

FE ReportThe four-day workshop on 'Practice of Islamic Banking' organised for the senior executives of the Bank of Ceylon, Sri Lanka, by Islami Bank Training & Research Academy (IBTRA), opened at the Board Room of Islami Bank Tower in the...

AKTEL opens new customer care centre at Kushtia

2008-03-11 00:00:00

FE ReportAKTEL, the most dynamic GSM service provider of the country, has launched a new customer care centre at Kushtia recently. This is AKTEL's 19th customer care centre in the country, said a press release.Ms Nora Junita Hussaini, chief financial...

Rejoinder

2008-03-11 00:00:00

Intertek, a PSI company, has sent a rejoinder contradicting the contents of a news item headlined "Two PSI cos fined for helping importers evade tax" published in our yesterday's issue. The following is the full text of the rejoinder:Please refer...

StanChart Bank, ACI conclude GBP/USD derivative deal

2008-03-11 00:00:00

FE ReportStandard Chartered Bank (SCB) and ACI Limited have successfully concluded a GBP/USD Range Forward deal. This is the first derivative deal of ACI Limited, a leading pharmaceutical company in the country, to hedge their exchange rate risk. ACI was...

Aktel Dhaka Travel Mart begins March 13

2008-03-11 00:00:00

FE ReportThe three-day Aktel Dhaka Travel Mart 2008 will begin from March 13 in the city to promote the country's tourism areas and also showcase tourism facilities.The 5th tourism fair will be held at Winter Garden of Dhaka Sheraton Hotel,...

corporatewatch

2008-03-11 00:00:00

Upgradation of share’s categoryQuasem Drycell: The company will be placed in 'A' category from the existing 'Z' category from today (Tuesday) as the company reportedly completed disbursement of 10 per cent cash dividend for the year 2006-2007.AB Bank recommends 200pc...

Most Asian markets sink

2008-03-11 00:00:00

KUALA LUMPUR, March 10 (AP): Most Asian markets sank Monday, with Tokyo's market falling to a two and a half-year low and Malaysia's benchmark index plunging 9.5 per cent after the ruling party's electoral losses over the weekend.Stocks in mainland...

Popular Pharma holds annual confce

2008-03-11 00:00:00

FE ReportThe annual conference-2008 of Popular Pharmaceuticals Ltd was held at the Bangladesh-China Friendship Conference Centre in the city Thursday, said a press release.Managing Director of Popular Pharmaceuticals Ltd Mostafizur Rahman presided over the conference.Mostafizur Rahman, in his speech, said...

Green Delta Ins holds annual conference

2008-03-11 00:00:00

FE ReportThe annual business conference of Green Delta Insurance Company Ltd was held at Dhaka Club Ltd in the city recently.Chairman of the Company Dr Kabir H Chowdhury inaugurated the conference while Managing Director and Chief Executive of the company...

Unilever Garden set up in old Dhaka

2008-03-11 00:00:00

FE ReportAs a part of changing the face of the city, Unilever Bangladesh has initiated a landscaping titled 'Unilever Garden' at Tanti Bazar, a heritage location of the old part of Dhaka city.Designed and developed by Heritage, a local developer,...

ADB to sharpen focus, back shorter-range projects

2008-03-11 00:00:00

MANILA, Mar 10 (AFP): The Asian Development Bank will overhaul its lending operations and focus on projects with higher chances of success, the Manila-based lender said in a paper released today. The move comes as the ADB faces mounting demands...

Strains drive Australian bank rates to 13-year high

2008-03-11 00:00:00

SYDNEY, Mar 10 (Reuters): Global credit strains took a heavy toll on Australian money markets Monday, driving interbank rates to their highest in 13 years as banks hoarded cash even as desperate borrowers scrambled for more funds. The credit stress...

India's economic miracle losing its lustre

2008-03-11 00:00:00

NEW DELHI, Mar 10 (AFP): Booming India is reeling from a flurry of bad financial headlines, suggesting the outlook for the world's second fastest-growing major economy is not as rosy as it was, analysts say. Economic growth is losing pace...

Singapore aims to double size of financial district

2008-03-11 00:00:00

SINGAPORE, Mar 10 (AFP): Singapore plans to double the size of its existing business district to maintain the city-state's position as a regional financial centre, the government said today. An 85-hectare waterfront site bordering the current business district will house...