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corporate watch

2007-11-06 00:00:00

Rahim Textile AGM Dec 18The authorities of Rahim Textile have stated that the 26th annual general meeting (AGM) of the company will be held on December 18, '07 at BIAM Foundation auditorium, 63 New Eskaton in the city. Other information...

Pakistani police clash with lawyers

2007-11-06 00:00:00

ISLAMABAD, Nov 5 (Agencies): Legions of police firing tear gas and swinging batons clashed with lawyers Monday as security forces across Pakistan blockaded courts to quash protests against President Gen. Pervez Musharraf's declaration of a state of emergency. At least...

King Tut face unveiled for first time

2007-11-06 00:00:00

LUXOR, (Egypt) Nov 5 (Agencies): King Tut's buck-toothed face was unveiled Sunday for the first time in public - more than 3,000 years after the youngest and most famous pharaoh to rule ancient Egypt was shrouded in linen and buried...

Iran dismisses possibility of US strike

2007-11-06 00:00:00

TEHRAN,Nov 5 (Agencies): Iran dismissed the possibility of a US military strike against the country Monday and said Tehran was ready to consider a new round of talks with Washington on security in Iraq. Concerns have been mounting in recent...

Eight killed in Thai south

2007-11-06 00:00:00

YALA, (Thailand), Nov 5 (AFP): Eight people have been killed in a string of shootings across Thailand's insurgency-hit southern Muslim heartland, local police said Monday. A 60-year-old Muslim man, who police said was an informant, was killed on Sunday in...

Taliban briefly capture western Afghan district

2007-11-06 00:00:00

HERAT, (Afghanistan), Nov 5 (AFP): Taliban extremists briefly captured a third district in western Afghanistan early Monday but were driven out by Afghan forces and their international allies, officials said. Taliban fighters in about 40 vehicles stormed into Khaki Safed...

news digest

2007-11-06 00:00:00

29 inmates killed in Argentine prison fireBUENOS AIRES, Nov. 5: A prison in a northern Argentine province was struck by arson on Sunday evening, leaving at least 29 inmates dead and many others injured, the province's justice minister said on...

Nat'l cricket league matches ended in draw

2007-11-06 00:00:00

All the three four-day matches of the third round of the Ispahani Mirzapore Tea 9th National Cricket League, involving six divisions, ended in draw at different venues across the country Monday, reports UNB.Holders Dhaka Division split points with Barisal Division...

GP to sponsor nat’l cricket team

2007-11-06 00:00:00

Grameenphone Ltd., the leading mobile operator in the country, have won the rights of team sponsor of Bangladesh national cricket team (male) for a two-year period from November 1, 2007 to October 31, 2009, reports UNB.This is the 3rd consecutive...

Office Hockey League begins today

2007-11-06 00:00:00

The Office Hockey League begins today (Tuesday) at the Moulana Bhashani Hockey Stadium with Bangladesh Air Force facing Firoz Land Property at 1:15 pm, reports UNB.Bangladesh Army takes on Afsar Limited in the other match at 3:00 pm, which will...

India ease to 5-wkt win

2007-11-06 00:00:00

India had the best of Pakistan in a lacklustre contest on a slightly demanding pitch, restricting them to 239 and then knocking off the runs through a string of contributions from the top order, winning with five wickets in hand....

Former AL MP Abdul Latif Mirza dies at 63

2007-11-06 00:00:00

Awami League leader Abdul Latif Mirza died from heart diseases Monday night, aged 63, his family and doctors said.

HC grants bail to Salman F Rahman in fraud case

2007-11-06 00:00:00

The High Court Monday granted bail to Awami League's industry adviser and businessman Salman F Rahman in a fraud and embezzlement case.

HC asks NBR to explain reason of refusal to accept Khaleda tax

2007-11-06 00:00:00

The High Court Tuesday asked the National Board of Revenue to explain in three weeks why its refusal to accept tax on the undeclared income of Khaleda Zia would not be declared illegal. The ruling came a day after the...

Nepal's garment export to US records 46pc plunge in 2007

2007-11-05 00:00:00

KATHMANDU, Nov. 4 (Xinhua): Export of readymade garment to the United States has plunged by a whopping 46 percent in the first 10 months of 2007 compared to same period last year, as companies hit by labour stir and eroding...

US to boost testing of imported Canada meat

2007-11-05 00:00:00

WASHINGTON, Nov 4 (Reuters): Meat and poultry products being imported from Canada will be subjected to increased testing and inspection after an outbreak of E. coli in several US states traced to beef from a Canadian company, the US Agriculture...

Oil may impact on air fares

2007-11-05 00:00:00

LONDON, Nov 4 (Internet): Airlines face passing rising fuel costs onto passengers with increased fares, analysts say.The recent surge in oil prices to record levels, closing Friday at $95.93, caused analysts to warn consumers that airlines may be forced to...

Bangladesh has potential to be an effective partner in int'l mkt : Zoellick

2007-11-05 00:00:00

World Bank (WB) President Robert B Zoellick has said Bangladesh holds the potential to become an effective partner in the international market by utilising its human resources properly and developing its infrastructures in the apparel industry."I am very pleased to...

FBCCI chief leaves for Swaziland to attend policy makers’ meet

2007-11-05 00:00:00

FE ReportPresident of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) Mir Nasir Hossain left Dhaka for Swaziland Saturday to attend a four-day conference there, said a press release.The conference organised by the Trade Policy Training Centre in...

Thrust on increasing investment in new profitable sectors

2007-11-05 00:00:00

FE ReportConference of NCC Bank officials and executives of Greater Noakhali and Comilla based branches was held at Feni Saturday.Tofazzal Hossain, chairman of the bank, attended the conference as the chief guest, said a press release.Managing Director Md Nurul Amin...

British Airways offers better connections this winter

2007-11-05 00:00:00

FE ReportAll British Airways flights from Dhaka now will conveniently connect to most of the airline's destinations in North America offering a host of connections the same day to the most popular destinations for Bangladeshi travelers.British Airways flight BA144 will...

Fund crisis, snags halt C'WASA projects

2007-11-05 00:00:00

Our CorrespondentCHITTAGONG, Nov 4: Despite the undertaking of three large projects by Chittagong Water and Sewerage Authority (C'WASA) for meeting the water needs of city residents, the projects in question have not yet seen the light of the day even...

BB refinances Delta Brac Housing’s home loans

2007-11-05 00:00:00

FE Report Delta Brac Housing Finance Corporation Ltd (DBH), the specialist housing finance institution, has drawn down home loan from the Bangladesh Bank (BB) under BB's refinance scheme for the housing sector, according to a press release.Dasgupta Asim Kumar, general...

Sandhani Life Ins rated A3 in long term, ST-3 in short term

2007-11-05 00:00:00

FE ReportCredit Rating Agency of Bangladesh (CRAB) Limited has awarded A3 rating in the 'long term' and ST-3 rating in the 'short term' to the Sandhani Life Insurance Company Ltd.Insurance companies rated A3 are financially strong, characterised by good financial...

Smuggling rampant on B'baria border

2007-11-05 00:00:00

Our CorrespondentBRAHMANBARIA, Nov 4: Rampant smuggling of essential commodities is going on unabated through the border areas of the district.According to local people smuggling is being done through different points of Akhaura and Kasba border of the district.Smugglers bring in...

Workshop on snacks making, marketing

2007-11-05 00:00:00

FE ReportThe Women Entrepreneur Association of Bangladesh (WEAB) in association with the TA SMESDP Project of the Ministry of Industries, has organised a five-day training workshop on "snacks production and marketing" in the city. A total of 30 participants are...

Islami Insurance holds 84th board meet

2007-11-05 00:00:00

FE ReportThe 84h meeting of the board of directors of Islami Insurance Bangladesh Limited was held at the head office of the company in the city recently. Chairman of the company Mohammad Sayeed presided over the meeting. Vice chairmen M...

Indian shares to scale new highs this week

2007-11-05 00:00:00

MUMBAI, Nov 4 (AFP): Indian share prices are expected to hit fresh record highs this week on sustained overseas fund buying, though volumes could dip marginally during the Hindu festive season, dealers said. They said fresh buying opportunities could emerge...

Chinese investors gear up for huge PetroChina debut

2007-11-05 00:00:00

SHANGHAI, Nov 4 (AFP): Like many Chinese investors, Su Qiaozhen, a manager at a Shanghai property firm, believes that investing in an initial public offering (IPO) of a large company like PetroChina is a sure bet. "Betting on new stocks...

Ford, UAW reach tentative contract deal

2007-11-05 00:00:00

DETROIT, Nov 4 (AP): The United Auto Workers union reached a tentative contract agreement Saturday with the last of the Big Three automakers, Ford Motor Company, concluding a historic round of negotiations that has slashed wages and changed the way...