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Asian currencies mixed against dollar

2007-12-10 00:00:00

HONG KONG, Dec 9 (AFP): Asian currencies ended the week mostly mixed against the dollar after the US announced plans to help homeowners hit by the subprime mortgage crisis and hints of another cut in interest rates. JAPANESE YEN: The...

BASIC Bank donates more for SIDR victims

2007-12-10 00:00:00

FE ReportBASIC Bank Ltd donated another Tk 50,000.00 for immediate help to the cyclone SIDR victims recently.BASIC Bank Ltd General Manager Md Abdul Jabber handed over a pay-order for the amount of money to the Communication, Shipping, Civil Aviation and...

FAO puts cereal output at 2,101m tonnes

2007-12-10 00:00:00

NEW YORK, Dec 9 (PTI) The latest forecast by UN's Food and Agriculture Organisation has put this year's world cereal production at 2,101 million metric tons, with most of the increase coming from rise in coarse grains output, especially maize...

US, China set to grapple with critical economic issues

2007-12-10 00:00:00

WASHINGTON, Dec 9 (AFP): With their economic woes mounting, the United States and China will hold high-level talks this week on key issues amid concerns over a tightly-controlled Chinese currency and protectionism. The cabinet-level talks in Beijing will also tackle...

Prime Bank gets ICAB award

2007-12-10 00:00:00

FE ReportPrime Bank Limited achieved first position in the banking category of ICAB National Award-06. This award is the testimony of the soundness of the bank, compliance of both Bangladesh and international accounting standards and transparency.Managing Director of the bank...

Govt borrows Tk 8.0b thru' treasury bills

2007-12-10 00:00:00

FE Report The government borrowed Tk 8.00 billion (800 crore) Sunday through auctions of treasury bills. It will result in withdrawal of Tk 8.00 billion from the market in the week.The central bank conducted auctions of 28-day, 91-day and 182-day...

Mobile phone fair begins in city tomorrow

2007-12-10 00:00:00

FE ReportA five-day mobile phone fair -- Dhaka International Mobile Phone Fair-2007 -- begins tomorrow (Tuesday) at the Bangladesh-China Friendship Conference Centre. Under the auspices of the Bangladesh Mobile Phone Businessmen's Association (BMBA).President of the BMBA Nijamuddin Zitu announced the...

Pilot RMG skills training launched in Ctg

2007-12-10 00:00:00

FE ReportBangladesh Garment Manufacturers and Exporters Association (BGMEA), Chittagong Skills Development Centre (CSDC), JUKI Bangladesh and German Technical Cooperation (GTZ), under an innovative private-public SMART partnership, jointly launched a pilot training on 'machine maintenance' for Chittagong BGMEA members.The training was...

CBC opens new branch in Narayanganj

2007-12-10 00:00:00

FE ReportThe 6th branch of Commercial Bank of Ceylon (CBC) was inaugurated at 79, Mid Town Complex, Bangabandhu Road, Narayanganj Sunday.Managing Director of the bank AL Gooneratne inaugurated the branch while High Commissioner for Sri Lanka in Bangladesh V Krishnamoorthy...

SEBL holds workshop

2007-12-10 00:00:00

FE ReportSoutheast Bank Ltd (SEBL) organised a workshop on "Anti-Money Laundering" for its officers in the city recently.Senior Executive Vice President and Chief Anti-Money Laundering Compliance Officer of the bank Mohammed Gofran presided over the workshop. He stressed the need...

StanChart donates $100,000 to CA's fund

2007-12-10 00:00:00

FE ReportStandard Chartered Bank has donated $100,000 for the country's cyclone-affected people.Chief Executive Officer of the bank Osman Morad accompanied by Head of Corporate Affairs Shah Masud Imam handed over the cheque to Chief Adviser Fakhruddin Ahmed at the latter's...

Workshop on maize cultivation held in Rangpur

2007-12-10 00:00:00

FE ReportMaize Association of Bangladesh and Rangpur Chamber of Commerce and Industry (RCCI) jointly organised a workshop on Maize Cultivation at RDRS in Rangpur recently.Managing Director of NCC Bank Ltd Md Nurul Amin attended the workshop as the chief guest.Among...

GP continues relief effort in cyclone-hit areas

2007-12-10 00:00:00

FE ReportGrameenphone (GP) completed the second phase of its relief activities in the cyclone-affected areas after completion of the first phase of its relief effort.GP officials and members of the management team distributed relief materials at Morelganj in Bagerhat recently.GP...

Review meeting of IBBL zonal heads held

2007-12-10 00:00:00

FE ReportA bi-monthly review meeting of the heads of zones and corporate branches of Islami Bank Bangladesh Limited (IBBL) was held at the board room of Islami Bank Tower in the city recently.Chairman of the board of directors of the...

DBBL donates set of multimedia projector

2007-12-10 00:00:00

FE ReportDutch-Bangla Bank Limited (DBBL) donated a set of multimedia projector for the students of Paediatrics Department of Sir Salimullah Medical College and Mitford Hospital in the city recently. Deputy Managing Director (Administration) of the bank KS Tabrez handed over...

Asian stocks likely to rebound

2007-12-10 00:00:00

HONG KONG, Dec 9 (Reuters): Asian stocks should push higher in the coming week as investors fret less over the outlook for the US economy, with all eyes on the US Federal Reserve's policy meeting Tuesday where markets are pricing...

corporatewatch

2007-12-10 00:00:00

Announcement of AGMThe 23rd annual general meeting (AGM) of Atlas Bangladesh Limited will be held on December 13, 2007 at 11:00 am at its Registered office at Tongi Industrial Area in Gazipur. Other information of the AGM of the company...

US intelligence under fire for CIA report on Iran

2007-12-10 00:00:00

WASHINGTON, Dec 9 (AFP): The United States (US) intelligence community came under fire over the weekend on two fronts, as conservatives criticised a recent Central Intelligence Agency (CIA) report on Iran's nuclear programme and the Justice Department announced a probe...

Bosnian Serbs vote for new president

2007-12-10 00:00:00

BANJA LUKA, Bosnia, Dec 9 (Reuters): Citizens of Bosnia's Serb Republic voted Sunday in an early election for the mainly ceremonial post of regional president after the sudden death of President Milan Jelic. Ten candidates have been cleared by Bosnia's...

Annan urges green revolution to alleviate hunger in Africa

2007-12-10 00:00:00

LISBON, Dec 9 (AFP): Former United Nations (UN) chief Kofi Annan Saturday called for a 'green revolution' involving alliances between African governments and farmers to alleviate hunger in the world's poorest continent. "We are aiming at a green revolution to...

Iraq plans next Iran-US talks in January

2007-12-10 00:00:00

TEHRAN, Dec 9 (AFP): The Iraqi government has proposed hosting the next round of talks between Iran and the United States over security in Iraq in January, Iran's foreign ministry said Sunday. "We have received a number of suggestions from...

US shuttle Atlantis gets safety clearance

2007-12-10 00:00:00

CAPE CANAVERAL, Florida, Dec 9 (AFP): United States (US) shuttle Atlantis got safety clearance to tank up and blast off Sunday after the mission was postponed three times for technical faults, the space agency NASA said. "All parties agreed that...

China mine death toll rises to 105

2007-12-10 00:00:00

BEIJING, Dec 9 (AFP): The death toll from a horrific mining accident in north China's Shanxi province has risen to 105, following the discovery of another body, the government said Sunday. The last body was found Saturday, almost three days...

Russia launches military satellite

2007-12-10 00:00:00

MOSCOW, Dec 9 (AFP): Russia successfully launched a military satellite Sunday from the Baikonur cosmodrome in Kazakhstan's steppe, according to Russia's space forces. A Proton-M rocket with the Kosmos satellite launched at 0016 GMT and was due to place the...

British defence secy in Kabul as troops in fighting

2007-12-10 00:00:00

KABUL, Dec 9 (AFP): British Defence Secretary Des Browne conferred with his Afghan counterpart in Kabul Sunday as troops from both nations pushed ahead with an operation to oust Taliban from the southern town of Musa Qala. Browne, who arrived...

Rockets fired at Pak air base, girls school bombed

2007-12-10 00:00:00

PESHAWAR, Dec 9 (AFP): Suspected militants fired rockets at an air force base in northwest Pakistan early Sunday and also bombed a girls school but there were no casualties, the police said. Two rockets landed in an open field at...

Bird flu patient recovering in China

2007-12-10 00:00:00

BEIJING, Dec 9 (AFP): A 52-year-old Chinese man whose son died recently from bird flu and who himself has been infected with the highly dangerous virus is gradually recovering, state media reported Sunday. The patient, identified by his surname Lu,...

Ganguly, Pathan pile on agony for Pakistan

2007-12-10 00:00:00

BANGALORE, Dec 9 (BBC): Sourav Ganguly scored a maiden double ton and Irfan Pathan his first hundred as India piled on the runs on day two of the third Test against Pakistan. Ganguly hit 239 and shared a 178-run seventh-wicket...

Lowly Barisal inflict 1st defeat on league leader Rajshahi

2007-12-10 00:00:00

Lowy Barisal Division inflicted the first defeat on league leaders Rajshahi Division in the 7th round match of the Ispahani Mirzapore Tea 9th One-Day National Cricket League beating them by 18 runs in a low scoring match at the Shaheed...

England checked by Malinga burst

2007-12-10 00:00:00

COLOMBO, Dec 9 (BBC): Lasith Malinga struck twice in two deliveries with the second new ball as England closed day one of the second Test against Sri Lanka on 258-5. Michael Vaughan and Alastair Cook put on 133 in 39...