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Aussies wrap up Test series against Lankans

2007-11-21 00:00:00

HOBART, Nov 20 (AFP): Australia defeated Sri Lanka by 96 runs soon after lunch on the final day of the second cricket Test at Bellerive Oval here Tuesday. Australia wrapped up the series 2-0 after winning the first Brisbane Test...

Federer beats Sampras in first friendly

2007-11-21 00:00:00

SEOUL, Nov 20 (AP): In a friendly exhibition match between the giants of tennis present and past, world No 1 Roger Federer defeated Pete Sampras in straight sets, 6-4, 6-3.The match in Seoul is the first of three Asian exhibitions...

Bangladesh score 273 for 7 in 1st innings against Pakistan

2007-11-21 00:00:00

Ashraful Aziz and Rony Talukdar hit fifties as visiting Bangladesh Under-19 team made a good start in the four-day match against Pakistan U-19 team scoring 273 for 7 in 86.1 overs in the first innings on the first day at...

Viqarunnisa Noon School take on Scholastica College today

2007-11-21 00:00:00

Holders Viqarunnisa Noon School meet Scholastica College in the last super three match of the 11th Delta Life Women's Handball Competition at the Outer Stadium Handball ground in the city at 3.00 pm today (Wednesday). Delta Life Insurance Chairman Syed...

Atapattu calls it a day

2007-11-21 00:00:00

HOBART, Nov 20 (Reuters): Former Sri Lanka captain Marvan Atapattu announced his retirement from international cricket after his team lost the second Test to Australia Tuesday. The 36-year-old sent a statement to Sri Lanka Cricket Chief Executive Duleep Mendis announcing...

Abahani book semis berth

2007-11-21 00:00:00

Abahani Limited booked semi-final berth of the 56th Bordoloi Trophy eliminating defending champions Asam Electricity Board (AEB) with a goalless draw in the last quarterfinal match at Nehru Stadium in Guwahati Tuesday, reports UNB. The B League champions, Abahani, will...

Interest-free micro-credit to be given thru' partner NGOs

2007-11-21 00:00:00

FE Report Palli Karma-Sahayak Foundation (PKSF) has taken initiatives to create a special fund amounting to Tk 500 million to provide long-term interest free loan through its partner NGOs to the affected microcredit borrowers to re-construct their houses in the...

Trading of IBBL Mudaraba Perpetual Bond begins Nov 25

2007-11-21 00:00:00

FE ReportThe trading of Islami Bank Bangladesh Ltd (IBBL) Mudaraba Perpetual Bond begins in Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) November 25.A DSE board meeting held Monday fixed the trading date, sources said.The face value per bond...

DSE donates Tk 3.0m for cyclone victims

2007-11-21 00:00:00

FE ReportDhaka Stock Exchange (DSE) donated Tk 3.0 million to the Chief Adviser's Cyclone Relief Fund Tuesday.DSE President Abdullah Bokhari and its Chief Executive Officer Salahuddin Ahmed Khan handed over a cheque of the amount to Chief Adviser Fakhruddin Ahmed...

New MD of National Bank

2007-11-21 00:00:00

FE ReportMd Abdur Rahman Sarker has joined National Bank Ltd (NBL) as its new managing director. Prior to this appointment he was additional managing director of the bank.After completing graduation with honours and Masters in Economics, he was recruited through...

Pubali Bank opens 357th branch at Benapole

2007-11-21 00:00:00

FE ReportPubali Bank Limited inaugurated the 357th branch of the bank at Benapole in Jessore Sunday.Chairman of the bank Hafiz Ahmed Majumder formally inaugurated the branch as the chief guest, while Managing Director (MD) of the bank Helal Ahmed Chowdhury...

Need for setting up cottage, medium industries for development stressed

2007-11-21 00:00:00

GAIBANDHA, Nov 20 (BSS): Speakers at a meeting stressed the need for the establishment of small and cottage industries including medium industries in the district aimed at creating employment opportunities for poverty alleviation and the overall development of the country.A...

Anti-money laundering workshop held

2007-11-21 00:00:00

NARSINGDI, Nov 20 (BSS): A day-long training workshop on anti-money laundering organised by Uttara Bank Limited in cooperation with Bangladesh Bank was held at Janata Bank, Narsingdi regional office Saturday.The objective of the workshop is to make the bank officials...

Correction

2007-11-21 00:00:00

An error occurred while converting the figure 3.5 crore into million in the news item titled 'Orascom donates Tk 350m for cyclone victims' carried on Page 9 in Tuesday's issue of The Financial Express. Actually, the figure will be 35...

President lauds role of Armed Forces in nation building works

2007-11-21 00:00:00

President Professor Dr Iajuddin Ahmed expressed the hope Tuesday that the members of the Armed Forces would be able to keep upholding the glory of the force through the highest excellence of patriotism, professionalism and intense exercise. In a message...

Disclosure of personal info by MP candidates: SC judgment on Dec 11

2007-11-21 00:00:00

The Supreme Court (SC) has fixed December 11 for a landmark judgment on an appeal seeking to overturn the High Court (HC) ruling that has made mandatory the disclosure of personal information by Member of Parliament (MP) candidates, reports UNB.Passing...

BNP men urged to join relief work

2007-11-21 00:00:00

Saifur-led BNP Acting Secretary General Major (retd) Hafizuddin Ahmed has urged the party leaders and activists to stand beside the cyclone-hit people and join the party's relief work."The BNP relief committee, formed to face the calamity, has begun its activities....

HC stays proceedings for six months

2007-11-21 00:00:00

The High Court (HC) stayed the proceedings of the liquor case against Sarwar Jamal Nizam, former lawmaker of the BNP, Tuesday for six months.A Division Bench comprising Justice Syed M Dastagir Husain and Justice M A Hafiz also issued rule...

Ex-AL lawmaker sent to jail

2007-11-21 00:00:00

Former Awami League (AL) lawmaker from Dhaka's Demra area Habibur Rahman Mollah was sent to jail after he surrendered to a city court Tuesday in a tax-dodging case, reports UNB. Mollah surrendered before the court of Dhaka Metropolitan Sessions Judge...

Stand beside cyclone-hit people: President

2007-11-21 00:00:00

President Professor Dr Iajuddin Ahmed Tuesday made a call for university authorities to stand beside the cyclone-affected people with dry foods, drinking water, medicines and warm clothes at this time of prime need, reports UNB.He made the appeal when 10...

'91 cyclone was more powerful than that of this year's

2007-11-21 00:00:00

The cyclone in 1991, which came roaring out of the Bay of Bengal, was more powerful than that of this year's. The '91 cyclone had hit the southern shores of the country at a peak speed of 225 kilometres per...

Danish assistance for cyclone victims

2007-11-21 00:00:00

FE ReportThe Danish Minister for Development Cooperation granted Saturday five million Danish Kroner for immediate humanitarian assistance. The Danish assistance is being provided through Red Crescent Society and other humanitarian organisations.Meanwhile the embassy of Denmark expressed its deepest sympathy for...

DU sells record no. of admission forms

2007-11-21 00:00:00

DU CorrespondentDhaka University (DU) has earned Tk 31 million this year by selling a record-number of application forms for first-year honours admission test under the academic year 2007-08.Bank sources said that some 1, 25,013 admission forms in four units have...

REHAB Fair: Challenge of wining buyers' confidence

2007-11-21 00:00:00

Munima Sultana The REHAB fair 2007, the annual event of real estate developers, began in the city on Tuesday with a high hope to overcome the sector's frustration over declining sales of apartments and plots.The sector observers say that sales...

Professional property management in Asia

2007-11-21 00:00:00

Wantanee KhamkongkaewMost of the Asian nations following economic reforms, witnessed rapid growth of real estate as well as professional property management services. A significant sector in many of the western countries, managing property is a new concept in Asia.Managing property...

Pay properly taxes staying transparent and within the law

2007-11-21 00:00:00

PROPERTY taxation is a complex subject that requires expert professional advice. First and foremost, any property activity has to adopt the fiscal and regulatory law of the land -- it is imperative and obligatory that an investor does this. Financial...

Booming Indian real estate needs transparency and reform

2007-11-21 00:00:00

INVESTORS are lining up for India's booming real estate. The past few weeks saw private investments in the sector amounting up to US$50 billion.Recently, Delhi building company, DLF signed a $20 billion deal with the world's largest privately held real-estate...

Conference on issues facing hotel investments in India

2007-11-21 00:00:00

A conference in Mumbai is dealing with complex issues surrounding investments in the country's otherwise booming hospitality sector. It will focus on investment strategies that work in the Indian context to optimise returns, countering various risks. The organisers had to...

Stand beside distressed survivors, CA urges all

2007-11-21 00:00:00

Chief Adviser (CA) Dr Fakhruddin Ahmed Tuesday said the nation is facing a catastrophe caused by the deadly cyclone SIDR and made a clarion call for all irrespective of party affiliation and opinion to stand beside the distressed people with...

Come forward in aid of victims: Moeen

2007-11-21 00:00:00

Army Chief General Moeen U Ahmed Tuesday called upon the countrymen to come forward in aid of the victims of cyclone 'Sidr' that slammed inland from the bay Thursday night and wrecked country's southern region, reports UNB from Bagerhat.Assuring all...