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Iran keen to set up crude oil refinery in Bangladesh

2007-11-26 00:00:00

The leader of the visiting Iranian trade delegation, Golamhossein Shafeai, has said Iran is interested to set up a crude oil refinery, railway wagon manufacturing unit and other infrastructure development projects in Bangladesh, reports BSS. Golamhossein Shafeai, also the president...

Different organisations stand beside Sidr victims

2007-11-26 00:00:00

FE ReportMore local and international organisations distributed relief goods among the Sidr victims in different cyclone-affected areas of southern districts.Concern Worldwide: Concern Worldwide, an international humanitarian organisation, has started its 45-day relief operation in Borguna and Potuakhali districts.Under the programme,...

'15pc land in country to go under water by 40-50 yrs'

2007-11-26 00:00:00

As many tidal surges are likely in Bangladesh in the future, some 15 per cent of land of the country will go under water by 40-50 years because of climate change, an expert said Sunday, reports UNB."An acute food scarcity...

Indian clothes worth Tk 4.0m seized

2007-11-26 00:00:00

COMILLA, Nov 25 (UNB): The Bangladesh Rifles (BDR) personnel, in their separate drives, seized Indian clothes worth about Tk 4.0 million from frontier Joshpur and Balutupa areas in Sadar Upazila early Saturday.Acting on a tip-off, a patrol team of the...

KAMPS starts journey

2007-11-26 00:00:00

FE ReportKAMPS (Kidney Awareness, Monitoring and Prevention Society), the country's first kidney screening and research centre, was inaugurated in the city Sunday, said a press release.From now on, anyone can get service from this centre with a discounted charge and...

Mohan Mia's 36th death anniversary today

2007-11-26 00:00:00

FE ReportThe 36th death anniversary of renowned politician of the sub-continent, Yusuf Ali Chowdhury (Mohan Mia), will be observed today (Monday).Different political and social organisations have chalked out programmes to observe the day. These include Quaran Khwani, Milad Mahfil, discussions...

Mahmood wins Performance Award '06

2007-11-26 00:00:00

FE ReportDiabetic and Kidney Welfare Foundation Chairman Professor Salahuddin Mahmood has achieved the Performance Award - 2006 for his outstanding performance in the development of treatment in the sector said a press release.Foreign Adviser Dr Iftekhar Ahmed handed over the...

India close in on Delhi victory

2007-11-26 00:00:00

DELHI, Nov 25 (BBC): India require just 32 more on the final day to win the first Test with Pakistan after closing day four at 171-3. Sachin Tendulkar passed Allan Border to become the second highest Test scorer, and shared...

Team North need 123 to win over East

2007-11-26 00:00:00

League leaders Team North, with seven wickets in hand, need another 123 runs on the last day today (Monday) to win against Team East in the final round of the four-day Challengers Cup at the Dhanmondi Cricket Stadium in the...

SA win the first ODI against NZ

2007-11-26 00:00:00

A fine 90 from Jamie How, his highest one-day score, has given New Zealand a strong boost of confidence - and a defendable total - in the first one-dayer against South Africa at Durban, reports Cricinfo. Having crawled to 89...

New nat’l cricket coach Siddons arrives in city

2007-11-26 00:00:00

Newly appointed national cricket coach Jamie Siddons arrived in the city Sunday from Australia to prepare the Bangladesh side ahead of their upcoming tour to New Zealand, reports UNB.Siddons, who left Dhaka for Australia on October 30 after signing a...

Bangladesh U-19 face Pakistan U-19 today

2007-11-26 00:00:00

After making a draw in the four-day tour opener, the Bangladesh U-19 team play the first one-day match against Pakistan U-19 team today (Monday) at the Niaz Stadium in Hyderabad.The second one-day match will also be held at the same...

Total loss estimated at $2.31b

2007-11-26 00:00:00

A coordination meeting between the government and business community Sunday urged all to operate relief activities in coordination with the local administration for proper distribution of relief materials, reports UNB.Participants of the meeting, many of whom have already visited the...

SEC ban on merchant banks’ loans to retail investors goes

2007-11-26 00:00:00

Refayet Ullah MirdhaThe stock market regulatory authority Sunday withdrew its decision on banning loan disbursement by merchant banks to bring those financial institutions back in the business.But the ban on loan disbursement by brokerage houses to the retail investors remains...

Gen Moeen calls for relief coordination

2007-11-26 00:00:00

Army Chief General Moeen U Ahmed called for coordination in relief operations Sunday, as many survivors still remain without adequate aid even nine days after the cyclone 'Sidr' ravaged the country's south region, reports bdnews24.com.Despite intensified relief operations by the...

Advisory committee on macro-economy soon

2007-11-26 00:00:00

Shakahwat Hossain The ministry of finance has proposed the names of a number of noted economists for induction in the advisory committee on macro-economic affairs, which will recommend measures on various important economic issues, sources said.The committee will start functioning...

Price correction continues

2007-11-26 00:00:00

FE ReportCorrection of share prices on the Dhaka Stock Exchange (DSE) continued Sunday for four days in a row following a decision taken by the Securities and Exchange Commission (SEC) Monday last asking the merchant banks and brokerage houses to...

HC stays operation of ACC notice on Khaleda

2007-11-26 00:00:00

The High Court (HC) Sunday stayed the operation of the Anti-Corruption Commission (ACC) notice asking detained former Prime Minister Khaleda Zia to submit statement of her wealth under the current drive against corruption, reports UNB.Passing the order, a division bench...

CEOs for Sonali, Janata selected

2007-11-26 00:00:00

A Z M AnasThe caretaker government is set to name soon chief executives of Sonali Bank Limited and Janata Bank Limited, tagging their tenures with time-specific performance.SA Chowdhury, chairman of Bangladesh Krishi Bank, and Aminur Rahman, the incumbent managing director...

RRC forms sub-committee to update age-old trade, business regulations

2007-11-26 00:00:00

Doulot Akter MalaThe government has taken a move to update the age-old trade and business regulations following the guidelines of newly-established Regulatory Reform Commission (RRC). Sources said changes will be brought to duty exemption and drawback system, capital machinery import,...

BSF kills two cattle-traders in Benapole

2007-11-26 00:00:00

Two Bangladeshi cattle-traders were shot dead by Indian Border Security Force (BSF) on Sadipur frontier at Benapole early Sunday. The deceased were identified as Shah Alam (26), son of Modhu Morol, and Rubel (17), son of Khokon Biswas, of Sadipur...

Germany slaps 12pc duty on local textiles over quota 'misuse'

2007-11-26 00:00:00

The European GSP facility for Bangladeshi textile products has been 'misused', prompting Germany to slap 12 per cent import duty on Bangladeshi products in case of suspected shipments, said a German Embassy official Sunday, reports bdnews24.com. "A large number of...

Spl taskforce helping Oriental Bank recover overdue loans

2007-11-26 00:00:00

FE Report A special taskforce has started working to augment the recovery of overdue loan portfolios from delinquent borrowers of the troubled Oriental Bank Limited. The taskforce comprising officials from Bangladesh Army, Rapid Action Battalion (RAB), Anti-Corruption Commission and National...

Sharif returns to Pakistan

2007-11-26 00:00:00

ISLAMABAD (Agencies) - Former Pakistan prime minister Nawaz Sharif made a successful comeback from exile on Sunday in his second attempt this year. Ousted by President Pervez Musharraf in a bloodless military coup in 1999 and exiled to Saudi Arabia...

Saarc states to take common stand on various issues under Doha Round

2007-11-26 00:00:00

FE ReportThe SAARC member countries have decided to take a common position on various issues under the Doha Round negotiations for fostering increased regional trade against the backdrop of the changing global scenario."The Geneva-based ambassadors of the South Asian Association...

Bangladesh won't suffer from subprime crisis: RHEL chief

2007-11-26 00:00:00

Ershad Khandker"Bangladesh will not suffer from subprime crisis because the volume of housing loan in Bangladesh is very small," said Managing Director of Rupayan Housing Estate Limited (RHEL) Mr Selim Sadat told the FE in an interview.Excerpts of the interview...

Nearly 100 missing in trawler capsize in Bay

2007-11-26 00:00:00

A man drowned while about 100 others went missing as a mechanised boat with outbound people capsized in the Bay off Teknaf coast near the tourist resort in Cox's Bazar early Sunday, reports UNB.Local sources said, the boat, carrying over...

Govt to discuss relief operations with donors tomorrow

2007-11-26 00:00:00

FE ReportThe interim government will sit again with all the development partners tomorrow (Tuesday) to set a plan of action for ensuring a greater coordination between the administration and the donors in carrying out the post-cyclone relief operations.It will be...

83 to receive national export awards next month

2007-11-26 00:00:00

Jasim Uddin Haroon A total of 83 entrepreneurs and commercial enterprises will receive the national export awards for their outstanding export performances in the past three fiscal years. The awards will be handed over to the recipients next month for...

Two die during a robbery in Mirpur

2007-11-26 00:00:00

A man was shot to death by robbers while another died as he fell from the rooftop in panic during a robbery in the city's Mirpur area early Sunday, reports UNB. Police said, a gang of 10/12 armed bandits entered...