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Delhi wants agriculture in centre stage of WTO talks

2007-09-18 00:00:00

NEW DELHI, Sept 17 (PTI): India will not open its cards on offering market for industrial goods in the World Trade Organisation (WTO) talks unless the rich nations come upfront with their offers on cutting the agricultural subsidies, a senior...

ADB raises Indonesia '07-08 growth forecast

2007-09-18 00:00:00

JAKARTA, Sept 17 (AFP): The Asian Development Bank (ADB) said today it had slightly upgraded its growth forecast for Indonesia for 2007-08 due to stronger than anticipated growth in private consumption and investment. The ADB said it lifted its 2007...

China to convert coal into liquid fuel in 2008

2007-09-18 00:00:00

BEIJING, Sep 17 (PTI): China's largest coal conglomerate, Shenhua Group will produce the energy-hungry nation's first barrel of liquid fuel from coal in 2008 using a technology known as direct coal liquefaction. "We have finished 95 per cent of the...

Janata Bank Managing Director Md Mukter Hussain distributing certificates among the participants of computer course organised for the bank's executives (evening) recently. Janata Bank Training Institute DGM Kohinoor Alam and DGM (IT) Md Ibrahim Hossa

2007-09-18 00:00:00

Oil prices fall in Asia

2007-09-18 00:00:00

SINGAPORE, Sept 17 (AFP): World oil prices fell today in Asian trade, easing back from record highs reached last week, dealers said. New York's main futures contract, light sweet crude for delivery in October, was 52 cents lower at 78.58...

Mobile charges go down in Nepal

2007-09-18 00:00:00

KATHMANDU, Sept 17 (Xinhua): Nepal's state-run Nepal Telecommunication (NT) announced Monday that the distant charge and domestic roaming charge for GSM and CDMA phones will be waived starting from Tuesday. The move is in tune with a cabinet's decision taken...

Honey 'could reduce' effects of aging

2007-09-18 00:00:00

LONDON, Sep 15 (PTI): Worried over ageing? Just start taking a spoonful of honey every day. Yes, according to scientists, honey could help counter the effects of ageing and decrease anxiety, the 'Daily Mail' reported here yesterday. "Diets sweetened with...

Govt borrows Tk 9.0b thru' treasury bills

2007-09-18 00:00:00

FE ReportThe government borrowed Tk 9.00 billion (900 crore) Sunday through auctions of treasury bills. It will result in withdrawal of Tk 9.00 billion from the market in the week.The central bank conducted auctions of 28-day and 91-day, 182-day and...

BAFEDA, SCB organise BOURSE course

2007-09-18 00:00:00

FE ReportBangladesh Foreign Exchange Dealers' Association (BAFEDA) and Standard Chartered Bank (SCB) jointly organised a five-day BOURSE course in the city on September 9-13. A number of inter-bank foreign exchange dealers from the country's central bank, nationalised commercial banks and...

Rahimafrooz Distribution holds annual dealers' convention

2007-09-18 00:00:00

FE ReportRahimafrooz Distribution Ltd organised its Annual Dealers Convention 2007 at Pan Pacific Sonargaon Hotel in the city recently. More than 165 dealers of the organisation participated in the convention.The programme was attended, among others, by Chairman of the company...

Mutual Trust Bank holds seminar on anti-money laundering

2007-09-18 00:00:00

FE ReportMutual Trust Bank Ltd has organised a seminar on Anti-Money Laundering at the bank's head office in the city recently. Deputy Managing Director (DMD) of the bank Quamrul Islam Chowdhury inaugurated the seminar, said a press release.Deputy General Manager...

ICB AMCL declares NAV of two unit funds

2007-09-18 00:00:00

FE ReportICB AMCL, a subsidiary of the Investment Corporation of Bangladesh (ICB), has declared the net asset value (NAV) of its two unit funds.The total NAV of the ICB AMCL Unit Fund stood at Tk 48,11,64,275.53 on the basis of...

DBBL organises orientation course for asst cash officers

2007-09-18 00:00:00

FE ReportDutch-Bangla Bank Limited (DBBL) recently organised a four-day orientation course for its newly recruited assistant officers (cash) at the bank's training centre in the city. DBBL Managing Director (MD) Md Yeasin Ali inaugurated the course as the chief guest,...

CGDF procedure manual, audit & accounts practices handbook unveiled

2007-09-18 00:00:00

FE ReportChief of Army Staff General Moeen U Ahmed, ndc, psc unveiled two books titled 'Controller General Defence Finance (CGDF) Procedure Manual 2007' and 'Audit and Accounts Practices Handbook 2006-07, Volume-11 (Defence Finance)' and 28 manuals prepared for the field-level...

IBBL opens branch at Chhagalnaiya

2007-09-18 00:00:00

FE ReportIslami Bank Bangladesh Limited (IBBL) opened its 183rd branch at Chagalnaiya recently at New Market (1st floor), Chagalnaiya, Feni. IBBL Director Md Shamsul Huda was present as the chief guest of the inaugural function presided over by Deputy Executive...

Traditional oil mill owners facing hard times in N region

2007-09-18 00:00:00

Our CorrespondentSIRAJGANJ, Sep 17: The owners of traditional oil mills or 'ghani' have been facing hard times in the northern districts of Sirajganj and Pabna. According to sources, there was a time when over 1,800 people earned their livelihood by...

Citi Global Markets gets merchant banking licence

2007-09-18 00:00:00

FE ReportCitigroup Global Markets Bangladesh Private Ltd, the first-ever Bangladesh incorporated entity of Citi, the world's largest financial institution, was formally awarded a full-fledged merchant banking licence Sunday, said a press release.Chairman of the Securities and Exchange Commission (SEC), Bangladesh...

CRAB, Bangladesh Nat'l Ins ink deal for credit rating

2007-09-18 00:00:00

FE ReportFrom now on the Credit Rating Agency of Bangladesh Limited (CRAB) would carry out the credit rating services of Bangladesh National Insurance Limited.In this connection, an agreement was signed between the two organisations in the city recently, said a...

Asian markets end lower

2007-09-18 00:00:00

BANGKOK, Sept 17 (AP): Asian markets were mostly lower Monday, with Japan closed for a holiday and traders in most other markets cautious ahead of Tuesday's meeting of the US Federal Reserve to decide on interest rates.Market indices in Shanghai...

European shares tumble

2007-09-18 00:00:00

LONDON, Sept 17 (AFP): Europe's main stock markets wobbled for a second straight trading day Monday as banking share prices extended heavy losses led by troubled Northern Rock. Britain's fifth-biggest mortgage lender again lost almost one third of its share-price...

Holcim organises first dealers' meet at Guwahati

2007-09-18 00:00:00

FE ReportHolcim (Bangladesh) Ltd has recently organised its first dealers' meet at Guwahati in Assam. Koshangee and Associates, a newly appointed Holcim dealer at Guwahati, organised the event attended by about 150 dealers, retailers, engineers and other construction professionals.Regional Sales...

Pizza Hut observes 2nd anniversary in Chittagong

2007-09-18 00:00:00

Our CorrespondentCHITTAGONG, Sept 17 : Pizza Hut, the second outlet of country's pioneering pizza restaurant, observered its 2nd anniversary recently.Representatives from all leading dailies, dignitaries and a host of guests took part in the day-long celebration. Additio-nally, Pizza Hut brought...

corporatewatch

2007-09-18 00:00:00

Spot market trading Spot market trading and block/odd lot transactions of the shares of Asia Pacific General Insurance Company Limited will be settled as per spot settlement cycle with cum benefit between today (Tuesday) and September 26, '07. Trading of...

Pakistani court hears cases on Musharraf

2007-09-18 00:00:00

ISLAMABAD, Sept 17 (Agencies): Legal wrangling over President Gen. Pervez Musharraf 's re-election bid intensified Monday after exiled former leader Benazir Bhutto accused the general's allies of pushing Pakistan toward a dangerous crisis by refusing to restore democracy and share...

Black boxes from Thai air disaster found

2007-09-18 00:00:00

BANGKOK, Sept 17 (AFP): Two black boxes from a Thai passenger jet that crashed on the resort island of Phuket killing 88 people have been found at the crash site, the airline president said Monday. "I can confirm that the...

Hamas truce should be examined: Israeli official

2007-09-18 00:00:00

JERUSALEM, Sept 17 (AFP): Israel's deputy defence minister said on Monday the government should study the possibility of a truce with the Hamas movement ruling the Gaza Strip, provided rocket fire from the territory stops. "All propositions for a ceasefire...

Greek ruling party wins election

2007-09-18 00:00:00

ATHENS, Sept 17 (AFP): Prime Minister Costas Karamanlis' conservative New Democracy party won re-election in Greece Sunday, securing a small parliamentary majority after a campaign dominated by his government's shaky handling of devastating forest fires, early results showed. Results from...

China web-user dies after three-day online binge

2007-09-18 00:00:00

BEIJING, Sept 17 (AFP): A man in southern China collapsed and died after a three-day marathon online session at a cybercafe, state media reported on Monday. The web-user, estimated to be 30 years old, suddenly collapsed in front of his...

Fukuda supported by majority of ruling party MPs: poll

2007-09-18 00:00:00

TOKYO, Sept 17 (AFP): A majority of lawmakers from Japan's ruling Liberal Democratic Party (LDP) support moderate party veteran Yasuo Fukuda as the country's next prime minister, a newspaper poll showed Monday. Fukuda, 71, has been running against outspoken former...

EU court upholds Microsoft's $613M fine

2007-09-18 00:00:00

LUXEMBOURG, Sept 17 (Agencies): A European Union court on Monday dismissed Microsoft Corp.'s appeal against an EU antitrust order that ordered it to share communications code with rivals and sell a copy of Windows without Media Player. It also upheld...