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EXIM Bank opens its 35th branch at Karwan Bazar

2007-12-05 00:00:00

FE ReportThe 35th branch of Export-Import Bank of Bangladesh Limited was opened at BGMEA complex at Karwan Bazar in the city Monday.EXIM Bank Chairman Md Nazrul Islam Mazumder inaugurated the branch as the chief guest while BGMEA President Anawar ul...

ICMAB Ctg Branch Council holds workshop

2007-12-05 00:00:00

FE ReportChittagong Branch Council of the Institute of Cost and Management Accountants of Bangladesh (ICMAB) organised a day-long workshop on "VAT and Tax Management" in Chittagong recently.Chittagong Chamber of Commerce and Industry President Saifuzzaman Chowdhury inaugurated the session as the...

British co expanding its project in Dhaka EPZ

2007-12-05 00:00:00

FE ReportM/s FCI (BD) Co Ltd is going to expand its project in Dhaka Export Processing Zone (EPZ) soon.The one hundred per cent foreign-owned company will enhance its production space with additional investment of 2.5 million US dollars. After the...

Prime Bank MD urges entrepreneurs to avail banking services

2007-12-05 00:00:00

FE ReportPrime Bank Ltd Executive Committee (EC) Chairman Mohammad Aminul Haque has called upon local entrepreneurs of Rangpur to avail the banking services which give high priority to investors in small and medium enterprises.Aminul Haque said this at a programme...

Tanweer Rahim joins Dhaka Bank as DMD

2007-12-05 00:00:00

FE ReportTanweer Rahim joined Dhaka Bank Limited as the deputy managing director (DMD) recently.Prior to this, he was senior executive vice president and head of marketing of Bank Asia Limited.After graduation with honours from the University of Dhaka, he started...

Expolanka gets Int'l Golden Transport Award

2007-12-05 00:00:00

FE ReportExpolanka Bangladesh has been awarded the 10th International Golden Transport Award (New Millennium Award) by the Trade Leaders' Club.Managing Director of Expolanka Bangladesh Ltd Mahbubul Anam received the award from Arsenio Padro Rodriguez, chairman of the Trade Leaders' Club...

corporatewatch

2007-12-05 00:00:00

Message for investorsAll investors have been requested to make their investment decision on the basis of financial strength of the companies not on the basis of rumour.Ashraf Textile won't giveany dividendThe board of directors of Ashraf Textile Mills Limited did...

CA assures to consider release of DU teachers

2007-12-05 00:00:00

DU CorrespondentChief Adviser Fakhruddin Ahmed Tuesday assured the Vice Chancellor (VC) of Dhaka University that release of the detained teachers of the university would be considered on a priority basis."We are very optimistic about the return of the four captive...

Bangladesh Kalyan Party starts journey

2007-12-05 00:00:00

Major General (retd) Syed Muhammad Ibrahim launched Bangladesh Kalyan Party Tuesday-the latest in a series during the State of Emergency. He announced the journey of the new political party from a press conference in the city on the day, reports...

Int'l community should help Bangladesh as it became victim of climate change: CA

2007-12-05 00:00:00

Chief Adviser (CA) Dr Fakhruddin Ahmed has said that it was the responsibility of the international community to provide assistance to Bangladesh for long-term rehabilitation as the country was a victim of climate change. "I have tried to remind the...

Razzak urges govt to distribute relief goods properly

2007-12-05 00:00:00

Awami League (AL) presidium member Abdur Razzak has called for proper distribution of relief materials among the distressed people in cyclone-affected areas."Government has got lot of relief materials and donations from within and outside the country. Those should be properly...

Bush, Democrats locked in battle over Iraq spending

2007-12-05 00:00:00

WASHINGTON, Dec 04 (AP): President Bush and congressional Democrats are locked in a struggle over Iraq spending, with neither side budging and each calculating that their argument will be the one to resonate with voters. For both sides, this rhetorical...

Castro praises Chavez for his 'dignity' in defeat

2007-12-05 00:00:00

HAVANA, Dec 04 (AFP): Ailing Cuban leader Fidel Castro Monday hailed his ally Venezuelan President Hugo Chavez for his 'courage' and 'dignity' in facing defeat of a referendum that would have expanded his authority. "Dear Hugo: I send you revolutionary...

Al-Qaeda a worry in Afghanistan: US

2007-12-05 00:00:00

KABUL, Dec 04 (AP): Defence Secretary Robert Gates plans to talk with North Atlantic Treaty Organisation (NATO) military leaders about increasing levels of violence in Afghanistan amid concerns by US defence official that the reason may be an escalation of...

Myanmar monks ready to face more bloodbath

2007-12-05 00:00:00

WASHINGTON, Dec 04 (AFP): Myanmar's Buddhist monks are prepared to face another bloody confrontation with the ruling military junta if the international community fails to force the generals to accept democratic reforms, an exiled monk with links inside Myanmar said...

US envoy visits DPRK reactor

2007-12-05 00:00:00

SEOUL, Dec 04 (AP): The top United States (US) nuclear negotiator for North Korea visited its reactor, becoming the highest-level American official to go there, an official said Tuesday, amid progress in efforts to end the communist nation's decades-old pursuit...

Female suicide bomber killed in Pakistan blast

2007-12-05 00:00:00

PESHAWAR, Dec 04 (AFP): A burka clad female suicide bomber blew herself up at a check post in northwest Pakistan Tuesday, in the country's first such attack involving a woman, the police said. There were no other casualties in the...

Canada's envoy in Tehran expelled

2007-12-05 00:00:00

TORONTO, Dec 04 (AP): Iran has ordered Canada's ambassador to leave the country, the Canadian foreign minister said, after Canada rejected candidates Tehran had proposed to represent the Islamic Republic in Ottawa. The two countries have tried to come to...

Pakistan dig deep for India draw

2007-12-05 00:00:00

Kolkata, Nov 4 (BBC): The three-match Test series between India and Pakistan remains alive after the tourists held out for a draw on day five of the second Test in Kolkata. Captains Anil Kumble and Younus Khan agreed to end...

Mohammedan face Abahani today

2007-12-05 00:00:00

Already one up in the series, Dhaka Mohammedan Sporting Club (MSC) face Abahani Limited in the second "best of three football" match today (Wednesday) hoping for a win to take an unassailable lead, reports UNB.Earlier, on Monday, MSC took a...

Sangakkara makes England suffer

2007-12-05 00:00:00

England need an unlikely 350 for victory on the final day of the first Test after Sri Lanka's Kumar Sangakkara struck 152 to put his team in control. Dropped by Ian Bell on 98, Sangakkara became the first man in...

Cyclone losses surpass early estimates: UN

2007-12-05 00:00:00

The United Nations (UN) said, the humanitarian crisis caused by the last month's cyclone in Bangladesh was much worse than previously thought, with more than two million people in need of immediate life-saving assistance, reports bdnews24.com. "As more information becomes...

Court cases block realisation of Tk 17.08b income tax

2007-12-05 00:00:00

Doulot Akter MalaA total of Tk 17.08 billion worth of income tax is now stuck up due to a large number of unresolved reference cases and writ petitions.It has been revealed in a recent position paper of the National Board...

Persuasion, not prosecution, holds the key

2007-12-05 00:00:00

Shamsul Huq Zahid The individual tax identification number (TIN) holders paid a record amount of tax-Tk. 7.39 billion-- for the current assessment year (2007-08) within the deadline expiring at 8 pm last Sunday. The amount is almost threefold of the...

Four RU teachers jailed for violating EPR

2007-12-05 00:00:00

RAJSHAHI, Dec 3 (UNB): Verdict in the case facing six detained teachers of Rajshahi University (RU) for the violation of Emergency Power Rules (EPR) 2007 will be delivered Tuesday.Judge of the Speedy Trial Tribunal Ruhul Amin will deliver judgment in...

Food inflation rises to 11.73pc in Oct

2007-12-05 00:00:00

FE Report The rate of inflation concerning food items reached 11.73 per cent on a point-to-point basis in October last from 11.10 per cent in September 2007. This price-rise has been attributed to both domestic and international factors. The rate...

Stock prices on DSE bounce back

2007-12-05 00:00:00

FE ReportStock prices on the Dhaka Stock Exchange (DSE) Tuesday ended broadly higher clawing back losses of the previous day following withdrawal of the regulatory body's ban on loan disbursement by the brokers to the retail investors.The benchmark index-DGEN or...

Global food prices may rise further

2007-12-05 00:00:00

BEIJING, Dec 04 (Agencies): The global demand for food and its prices are likely to rise further, threatening livelihood and nutrition of poor people in the developing countries.Food prices are expected to keep rising worldwide in the years ahead due...

Banks, NGOs asked to stop loan recovery until April '08

2007-12-05 00:00:00

Army Chief General Moeen U Ahmed has asked banks and NGOs to waive payment of loan instalments until April 2008 in the cyclone-hit areas considering suffering of the victims, reports bdnews24.com.He made the comment while talking to the press after...

Administrator may run FBCCI affairs after Dec 6

2007-12-05 00:00:00

FE Report An Administrator is expected to be appointed by the Ministry of Commerce by Thursday to run the affairs of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) as the tenure of the current executive committee expires...