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Malik, Tanvir earn Pakistan consolation win

2007-11-20 00:00:00

JAIPUR, Nov 19 (Cricinfo): Shoaib Malik excelled with both bat and ball as Pakistan notched up the consolation win that reduced India's margin of victory in the one-day series to 3-2. A 168-run partnership with Mohammad Yousuf revived Pakistan's stuttering...

Aug 21 attack: Police to seize Hasina's jeep as evidence

2007-11-20 00:00:00

Police Monday went to seize the Mercedes car of former prime minister Sheikh Hasina as "evidence" in the August 21 grenade attack case, reports bdnews24.com. Assistant superintendent of police Md Fazlul Kabir went to her Sudha Sadan home at 12:45pm...

SEC asks merchant banks to suspend portfolio loan disbursement

2007-11-20 00:00:00

FE ReportThe Securities and Exchange Commission (SEC) Monday asked the merchant banks and brokerage houses to suspend portfolio loan disbursement with effect from today (Tuesday) until further order.Market operators said the SEC action came in the backdrop of an over-heated...

Stock prices on DSE continue to rise

2007-11-20 00:00:00

FE ReportStock prices on the Dhaka Stock Exchange (DSE) continued to rally for the third consecutive session Monday due to strong buying support from the investors' end. The rally helped the total market capitalisation to cross $11.00 billion-mark for the...

Dhaka appeals for international assistance for cyclone victims

2007-11-20 00:00:00

Bangladesh has made an appeal to the international community to assist its cyclone victims and in post-cyclone rehabilitation as official count so far put the death figure at 2407, reports UNB."It's our observation that our friends will come forward to...

Govt seeks support from businesses today

2007-11-20 00:00:00

FE ReportThe government will seek support from the country's business community to help the affected people of Thursday's worst cyclone-hit coastal districts."We will sit tomorrow (Tuesday) with leaders of the local business organisations to discuss how they can help the...

Power supply will get back to normal by tomorrow

2007-11-20 00:00:00

FE ReportEnergy and power adviser Tapan Chowdhury said Monday power supply in almost all the areas across the country, including the southern cyclone-hit districts, will get back to normalcy by November 21 next."And, by November 30 next the entire area...

Crop damage won't affect country's economy: Aziz

2007-11-20 00:00:00

Finance Adviser Mirza Azizul Islam relegated Aman to an insignificant crop and said this crop damage in the calamity would not affect county's economy, reports UNB."Cyclone SIDR damaged Aman crop, but this crop is not a significant crop for Bangladesh,"...

Titas share offloading likely to be approved Thursday

2007-11-20 00:00:00

FHM Humayan KabirThe government is likely to approve the offloading of 49 per cent share of the Titas Gas Transmission and Distribution Company Limited (TGTDCL) in the stock markets at a meeting Thursday next, official sources said.According to sources, the...

Power sector incurs Tk 336b losses over the past decade

2007-11-20 00:00:00

FE Report The country's power sector incurred financial losses to the tune of Tk 335.63 billion over the past one decade following mismanagement and irregularities. This was revealed Monday in a study report prepared by the Transparency International Bangladesh (TIB).Of...

Opec to study effects of falling dollar

2007-11-20 00:00:00

Ed Crooks and Javier Blas, FT Syndication ServiceRIYADH: Oil jumped more than $1 to above $95 a barrel after Opec said it would study further the effect of the falling US dollar on its economies following calls for it to...

ACC to sue Engr Mosharraf, Bahauddin, three others

2007-11-20 00:00:00

The Anti-Corruption Commission (ACC) is going to file cases against five corrupt suspects, including former minister and Awami League (AL) leader Engineer Mosharraf Hossain, Swechhasebak League president Bahauddin Nasim mostly for acquiring wealth beyond their known sources of income, reports...

Voter listing in city kicks off today

2007-11-20 00:00:00

The task of preparing voter list for Dhaka City Corporation (DCC) area kicks off today (Tuesday), which the Election Commission (EC) is considering the toughest part of their ongoing countrywide photo voter-list programme, reports UNB.Meanwhile, Chief Election Commissioner ATM Shamsul...

Bangladesh clocks highest mobile growth in Q3

2007-11-20 00:00:00

Bangladesh has clocked the highest year-on-year mobile phone market growth among top 10 Asia Pacific countries during the third quarter of the year ongoing, according to a recent report of Wireless Intelligence. It says the country has added 1,329,396 mobile...

Cabinet Secy Ali Imam Majumder reappointed

2007-11-20 00:00:00

The government has reappointed Cabinet Secretary Ali Imam Majumder for another year on contract, an establishment ministry statement said Monday. The government cancelled his one-year leave preparatory to retirement, which was set to begin on November 29. —bdnews24.com

5 alleged rubber smugglers die in road accident

2007-11-20 00:00:00

TANGAIL, Nov 19: Five alleged smugglers were killed in a truck accident at Ukhariabari in Dhonbari Upazila on Dhonbari-Jagirchala road while fleeing with raw rubber Sunday early morning. The deceased were identified as Matiar Rahman (28) and Kabir Hossain (32)...

BTTB revenue income rises significantly

2007-11-20 00:00:00

The revenue income of the Bangladesh Telephone and Telegraph Board (BTTB) has increased significantly in the last 12 months. In the first two months of the current fiscal year, the BTTB earned Tk 476.26 billion (Tk 476.26 crore), which was...

BB asks banks to intensify agri-credit distribution in cyclone-hit areas

2007-11-20 00:00:00

FE Report The Bangladesh Bank (BB) has asked eight state-owned banks and financial institutions to intensify disbursement of fresh agriculture credit to the cyclone-affected farmers, official sources said. The central bank took the move as part of the ongoing post...

NCBs converted into PLCs now

2007-11-20 00:00:00

Shakhawat Hossain The Ministry of Finance (MoF) Monday in a gazette notification dropped Sonali, Janata and Agrani banks from the Bangladesh Bank Nationalisation Order 1972, sources said.Thus, the country's three largest banks, which functioned as nationalised commercial banks (NCBs) for...

RRC to recommend steps for economic dynamism

2007-11-20 00:00:00

The Regulatory Reforms Commission (RRC) will send a set of recommendations to the government in one month, aiming to bring dynamism to economic activities, its chairman Akbar Ali Khan made the disclosure Monday. "Our prime duty is to reduce government...

Spl assistance to farmers of cyclone-hit dists under study

2007-11-20 00:00:00

FE Report The government is contemplating providing special assistance to the farmers of cyclone-hit districts to facilitate re-plantation of crops and resumption of economic activities."We are discussing about providing such assistance and reviewing the situation," Bangladesh Bank governor Salehuddin Ahmed...

Submarine link restored after 2nd 'cut' in 6 days

2007-11-20 00:00:00

The submarine cable that links the country to the rest of the world through internet and telephone was restored Monday morning after being 'cut' for a second time in six days. Cable link of Bangladesh Telegraph and Telephone Board (BTTB)...

Fakhruddin visits cyclone-ravaged coastal area

2007-11-20 00:00:00

Chief adviser (CA) Fakhruddin Ahmed Monday called on every able person to assist in the rescue and rehabilitation of cyclone-ravaged people of the south, reports bdnews24.com. The CA could not hold back tears as he visited Majherchar in the coastal...

Prices of flattened, puffed rice up in post-SIDR city markets

2007-11-20 00:00:00

Naim-Ul-KarimPrices of two essential relief materials--flattened rice and puffed rice, locally known as Cheera and Muri, have gone up both at the wholesale and retail levels immediately after the hurricane SIDR hit the country, market operators said.Sources blamed supply shortfall...

Customs procedures among SAARC countries to be harmonized

2007-11-20 00:00:00

Doulot Akter MalaThe SAARC group on customs cooperation, at a recent meeting, decided to harmonise customs procedures and documentation with a view to expediting the release of products at the ports of the member countries. In a bid to gear...

EC halts dialogue with Saifur-led BNP faction

2007-11-20 00:00:00

The Election Commission (EC) has halted its planned November 22 meeting with Saifur-led BNP faction, CEC ATM Shamsul Huda said Monday, reports bdnews24.com. The decision came a day after the High Court put a four-week freeze on the main polls...

Pak opposition boycotts EC meet

2007-11-20 00:00:00

ISLAMABAD, Nov. 19 (Agencies): Pakistan's opposition refused to attend a meeting called by the Election Commission today to discuss a code of conduct for parliamentary polls that the US says won't be fair under emergency rule. ``The entire opposition will...

Dollar stable, call rate steady

2007-11-20 00:00:00

FE ReportThe US dollar appeared stable against the Bangladesh taka (BDT) Monday in the inter-bank foreign exchange market despite higher demand for the greenback, fund managers said.The market was active due to trading in the international market, they said.The inter-bank...

ASEAN becomes rules-based legal entity

2007-11-20 00:00:00

SINGAPORE, Nov 19 (AFP): Southeast Asian ministers Monday adopted a charter committing the region to promote human rights and democratic ideals, at the start of a summit dominated by the abuses of member state Myanmar."It will take us an important...

3-member mayor panels formed for city corporations

2007-11-20 00:00:00

The government nominated three-member panels of Mayor for all of the country's six city corporations, as all but one seat of the city fathers have fallen vacant following their detention, reports UNB."The nominated panel mayors, in absence of the city...