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ICB Capital Management signs deal with Jamuna Oil

2007-10-04 00:00:00

FE ReportICB Capital Management Limited has signed an agreement with Jamuna Oil Company Limited in the city recently.ICB Capital Management Limited Chief Executive Officer Md Iftikhar-uz-Zaman and Jamuna Oil Company Limited Managing Director M Masudur Rahman signed the agreement on...

Asian stocks rise

2007-10-04 00:00:00

SINGAPORE, Oct 3 (Bloomberg): Asian stocks rose after Citigroup Inc. offered to buy the rest of Nikko Cordial Corp. it doesn't own, raising expectations of a recovery in the financial industry that has been battered by losses from US subprime...

12 banks and NBFIs ready to offer BB home loan

2007-10-04 00:00:00

Twelve commercial banks and financial institutions (FIs) have so far signed agreements with Bangladesh Bank (BB) to avail of the refinance facility under the central bank's home loan scheme, reports UNB.The five banks and seven FIs are now ready to...

Indian co to invest $34.725m in Mongla EPZ

2007-10-04 00:00:00

An Indian company will set up a plastic industry in the Mongla Export Processing Zone (EPZ) with an investment of US$ 34.725 million, reports UNB.In this connection, an agreement was signed between the Bangladesh Export Processing Zones Authority (BEPZA) and...

Prices of essentials stable in city markets

2007-10-04 00:00:00

The retail price of the most of essentials including the price of food items remained almost stable in the city markets, a market report of Bangladesh Riffle (BDR) said in the city Wednesday, reports BSS.Besides, the price of vegetables declined...

Prime Bank, GP sign int'l roaming facility deal

2007-10-04 00:00:00

FE Report Grameenphone (GP) Limited recently signed an agreement with Prime Bank Limited (PBL) to facilitate international roaming service to existing and potential international credit card holders of the bank.GP Head of Business Segment Tania Ahmed and Prime Bank Head...

Prime Bank, GP sign int'l roaming facility deal

2007-10-04 00:00:00

FE Report Grameenphone (GP) Limited recently signed an agreement with Prime Bank Limited (PBL) to facilitate international roaming service to existing and potential international credit card holders of the bank.GP Head of Business Segment Tania Ahmed and Prime Bank Head...

DBBL donates Tk 4.0m to SSF hospital

2007-10-04 00:00:00

FE ReportDutch-Bangla Bank Limited (DBBL) disbursed Tk 4.0 million (40 lakh) as part of its commitment to donate Tk 12 million for construction of Shishu Sasthya Foundation (SSF) Hospital.Managing Director of the bank Md Yeasin Ali handed over a payment...

Qatar Airways to launch flights to Scandinavia soon

2007-10-04 00:00:00

FE ReportThe second European route of Qatar Airways is underway with non-stop scheduled flights to the Swedish capital of Stockholm which will be the carrier's first gateway city to Scandinavia.Beginning from November 27, the airline will operate four non-stop flights...

BADC to distribute seeds

2007-10-04 00:00:00

JAMALPUR, Oct 3 (BSS): Bangladesh Agriculture Development Corporation (BADC) has taken an extensive programme to distribute seeds through its dealers in the district.Under the programme, BADC will disburse 400 tonnes of potato seeds. The rate of per kg grade 'A'...

Delta Life hands over Tk 54,000 as death claim

2007-10-04 00:00:00

Our Correspondent BRAHMANBARIA, Oct 3: Delta Life Insurance Company Limited (DLICL) organised a function at its Nabinagar office recently to hand over the amount for a death claim insurance.DLICL Joint Assistant Vice-president Abdul Latif handed over Tk 54,000 as death...

EBL opens another ATM booth in city

2007-10-04 00:00:00

FE ReportEastern Bank Ltd (EBL) opened a new ATM booth at Rifles Square in the city Wednesday. Head of Consumer Banking Mamun Mahmood Shah inaugurated the ATM booth. EBL Managing Director (MD) Ali Reza Iftekhar was present in the inaugural...

Polish ambassador hurt in Iraq bombing

2007-10-04 00:00:00

BAGHDAD, Oct 3 (AP): The Polish ambassador to Iraq was slightly wounded Wednesday and one civilian was killed in a car bomb attack in downtown Baghdad, according to the Polish Foreign Ministry. Gen. Edward Pietrzyk was taken to a US...

Koreas’ summit opens with discord

2007-10-04 00:00:00

SEOUL, Oct 3 (AP): South Korea's president said the first summit in seven years with North Korea began Wednesday on some discordant notes, but in a sign of promise for the talks North Korean leader Kim Jong Il suggested the...

Pak govt says ball in Bhutto's court

2007-10-04 00:00:00

ISLAMABAD, Oct 3 (AFP): Pakistan said Wednesday that the fate of a proposed power-sharing deal with Benazir Bhutto lay in her hands after the government offered the former premier an amnesty on graft charges. Bhutto has said that any pact...

Soldiers hunt dissidents in Myanmar

2007-10-04 00:00:00

YANGON, Oct 3 (AP): Soldiers announced that they were hunting pro-democracy protesters in Myanmar's largest city Wednesday and the top US diplomat in the country said military police were pulling people out of their homes during the night. Military vehicles...

US steps up its military presence in Africa

2007-10-04 00:00:00

JOHANNESBURG, South Africa, Oct 3 (AP): When the Bush administration announced the creation of a new Africa Command within its military forces last February, many African diplomats were horrified. Some expressed fears that the US military would follow in the...

5 workers dead after plant fire

2007-10-04 00:00:00

GEORGETOWN (US), Oct 3 (AP): Investigators are trying to determine how five workers trapped 1,000 feet inside an empty underground water tunnel died following a chemical fire at a hydroelectric plant. Crews who entered from the bottom of the sloping...

Ten militants, two soldiers killed in Pakistan clash

2007-10-04 00:00:00

MIRANSHAH, Pakistan, Oct 3 (AFP): Pakistani security forces killed 10 pro-Taliban militants Wednesday after an early morning attack on a checkpost near the Afghan border left two soldiers dead, the military said. The fighting erupted in the troubled tribal region...

Australia to close doors on African refugees

2007-10-04 00:00:00

SYDNEY, Oct 3 (AFP): Australia will not take any more refugees from Africa until at least the middle of next year, Prime Minister John Howard said Wednesday, triggering charges of a vote stunt ahead of national elections. Howard rejected any...

Obama urges eliminating nuclear weapons

2007-10-04 00:00:00

CHICAGO, Oct 3 (AP): Democrat Barack Obama called for ridding the world of nuclear weapons Tuesday and offered his early opposition to the Iraq war as evidence of sound judgment that trumps his lack of Washington experience. Obama argued that...

Manpower export from least developed districts

2007-10-04 00:00:00

Manpower export has turned out to be the country's most stable source of foreign exchange earner. Compared to other kinds of exports, the brighter side of the national income through manpower export is that its contribution towards alleviation of poverty...

Geography can propel economy

2007-10-04 00:00:00

Enayet RasulThere was a time early in the last century when the international limelight shone on Egypt in relation to the construction of the Suez Canal. The North African country, a proud holder of the legacy of the Pharonic civilisation,...

Influential promoter of Islamic revolution

2007-10-04 00:00:00

Roula Khalaf and Najmeh BozorgmehrHOSSEIN Shariatmadari comes across as courteous and mild-mannered, smiles frequently, and sprinkles his speech with anecdotes and metaphors. But when it comes to his views, he can make Mahmoud AhmadiNejad, Iran's president, sound moderate.The 58-year-old editor...

Why sanctions will not fix Burma

2007-10-04 00:00:00

Gideon RachmanON my first visit to Burma in the early 1990s, I met an elderly man who had fought with the British in the second world war - and who rolled up his sleeve to show the scars left by...

Banks must reduce their lending rate

2007-10-04 00:00:00

ONE area where the government needs to play a very useful role is encouraging new investments in the economy. Investment operations are presently stagnant but the same are likely to get a big boost if the banks substantially lower their...

Security of garments industries

2007-10-04 00:00:00

THE government must complete investigations comprehensively and effectively at the fastest into various recent troubles in the garments industries, identify clearly the ones who encouraged them and take swiftly the sternest uncompromising actions against them. It must take the warning...

Three persons killed in separate incidents

2007-10-04 00:00:00

Three persons were killed and many others injured in separate incidents in different places of the country during the last two days, report agencies.In Chapainawabganj, a housewife allegedly committed suicide by jumping under the wheels of a running train at...

Ctg FP activities hampered by some corrupt officials

2007-10-04 00:00:00

Our Correspondent CHITTAGONG, Oct 3: The normal activities of the Family Planning (FP) Directorate in Chittagong have been severely affected due to alleged irregularities and misuse of power by a section of corrupt officials. Sources said some officials of the...

Bangladeshi boy wins Dubai Int'l Holy Quran Award

2007-10-04 00:00:00

A Bangladeshi madrasah student, Md Fazle Rabbi Adel, has won first prize at the 11th Dubai International Holy Quran Award competition, reports UNB.Rabbi, a Class VIII student of Tanzimul Ummah Madrasah, Uttara, received the prize from Shaikh Mohammad bin Rashid...