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Shahjalal Islami Bank provides Tk 450m loan to Essential Drugs

2007-09-11 00:00:00

FE ReportAn agreement was signed between Shahjalal Islami Bank Limited (SJIBL) and Essential Drugs Company Limited (EDCL) at its head office in the city Monday, said a press release.Under the agreement the bank will extend investment facility worth Tk 450...

HSBC holds trade seminar for customers on UCP 600

2007-09-11 00:00:00

FE ReportThe Hongkong and Shanghai Banking Corporation (HSBC) Ltd in Bangladesh arranged a trade seminar titled " UCP 600: Changes and Interpretations" at a local venue recently, said a press release. Head of Trade Services of HSBC Bangladesh Nazre Murshed...

IBBL holds meet of relief activities committee

2007-09-11 00:00:00

A meeting of the relief activities' conducting committee of the Islami Bank Bangladesh Limited (IBBL) was held in the city recently, says a press lease.Vice Chairman of the bank Zainul Abedin chaired the meeting. The meeting was attended among others...

UCBL approves 30pc stock dividend

2007-09-11 00:00:00

FE ReportUnited Commercial Bank Limited (UCBL) approved 30 per cent stock dividend (bonus share) for its shareholders from its profit of 2001 in the 19th annual general meeting (AGM) held at a city hotel Sunday, said a press release.UCBL Director...

CRAB organises discussion session

2007-09-11 00:00:00

FE ReportCredit Rating Agency of Bangladesh Limited (CRAB), a leading credit rating company of the country, organised a discussion session for its executives in the city recently, said a press release. Sadharan Bima Corporation Director and CRAB Technical Adviser AR...

Warid starts cricket quiz competition

2007-09-11 00:00:00

FE ReportWarid Telecom has launched a cricket quiz competition on the occasion of the ICC Twenty20 World Championships 2007, which will reward winners with exclusive Samsung handsets everyday, said a press release.Titled the "SIM Genie Cricket Quiz", the contest is...

ICB AMCL declares NAV of three mutual funds

2007-09-11 00:00:00

FE ReportICB AMCL, a subsidiary of the Investment Corporation of Bangladesh (ICB), has declared the net asset value (NAV) of its three mutual funds.The total net asset value (NAV) of ICB AMCL Islamic Mutual Fund stood at Tk 12,05,53,982.85 on...

banglalink travel, tourism fair concludes

2007-09-11 00:00:00

FE ReportA three-day banglalink Bangladesh Travel and Tourism Fair 2007 organised by the Tour Operators Association of Bangladesh (TOAB) concluded in the city recently. banglalink partnered the TOAB for the three day fair by being the sole sponsor. The closing...

Emirates to launch non-stop ME-S America route soon

2007-09-11 00:00:00

FE ReportEmirates will launch its first non-stop air link between the Middle East (ME) and South America with its technically-advanced Boeing 777-200LR soon, said a press release.The airline's non-stop Dubai to Sao Paulo route will be launched on October 1...

Premier Bank managers urged to work for bank's betterment

2007-09-11 00:00:00

FE ReportAll managers of Premier Bank Limited have been urged to exert all-out efforts to ensure development of the bank in all key areas. Managing Director of the bank Abu Haniff Khan made the appeal while presiding over the monthly...

Berger opens five more Color Bank outlets

2007-09-11 00:00:00

FE ReportFive more Berger Color Bank outlets were inaugurated in Khulna, Jessore and Kushtia recently. Berger Paints (BD) Limited Managing Director Masih Ul Karim inaugurated Color Bank outlets at Nagarik Hardware in Kushtia, Kalam Hardware Store and Hazera Enterprise in...

Citi to list with Tokyo in Nov

2007-09-11 00:00:00

TOKYO, Sept 10 (Reuters): Bank Citigroup will list its shares in Tokyo as early as November as part of the financial giant's push into the world's second-largest economy, sources familiar with the matter told the news agency Monday. Citigroup is...

Asian stocks end lower

2007-09-11 00:00:00

TOKYO, Sept 10 (AFP): Asian stock markets ended mostly weaker Monday, hit by heavy losses on Wall Street after a surprise drop in US payrolls sparked fears the world's largest economy may be heading for recession, dealers said. But the...

corporatewatch

2007-09-11 00:00:00

SEC condition for public issue becomes activeAccording to the Securities and Exchange Commission (SEC) decision relating to public issue of securities, the following conditions will be imposed: "An applicant cannot submit more than two applications, one in his/her own name...

UNFPA donates six ambulances for fistula programme

2007-09-11 00:00:00

FE ReportUNFPA has donated six ambulances to Health and Family Welfare Ministry for fistula patients.Health Adviser ASM Matiur Rahman received the keys of the ambulances at a programme at the conference room of the ministry Monday.The ambulances will be used...

Tornado damages huge quantity of fruits, vegetables

2007-09-11 00:00:00

SHERPUR, Sept 10 (UNB): The tornado that swept over Sapmari and Kuthurakanda villages in Bhatshala Union in Sadar Upazila Thursday extensively damaged fruits and vegetables worth Tk 2.5 million (25 lakh).Parul, a banana farmer of Dakkhin Sapmari village, along with...

35 fishermen go missing in trawlers capsize

2007-09-11 00:00:00

BAGERHAT, Sept 10 (UNB): Around 35 fishermen of eight trawlers went missing in the Bay of Bengal Saturday and Sunday as their trawlers capsized in the rough sea.Sources said the fishing trawlers with some 105 fishermen capsized at Dimer Char,...

Flood causes loss in fisheries sector

2007-09-11 00:00:00

BRAHMANBARIA, Sept 10 (UNB): The recent flood has caused loss of Tk 5.0 million (50 lakh) in the fisheries sector in nine unions in Sarail Upazila.Local Fisheries Department said fish of 520 water bodies worth about Tk 3.0 million were...

Dainik Purbakon founder Yusuf Chy no more

2007-09-11 00:00:00

CHITTAGONG, Sept 10 (UNB): Founder of popular local daily Dainik Purbakon and also chairman of Purbakon Group Ltd M Yusuf Chowdhury died of cardiac arrest in Makkah in Saudi Arabia early Monday. He was 69.

Dacoits loot cash, valuables, one injured

2007-09-11 00:00:00

MADARIPUR, Sept 10 (UNB): Armed dacoits looted cash and other valuables from a house in Badamtala area of the district town early Saturday leaving one injured.Police quoting local people said the bandits, numbering 6/7, stormed into the house of Nandakumar...

Two outlaws killed in shootout with RAB

2007-09-11 00:00:00

PABNA, Sept 10 (UNB): Two outlaws were killed in a shootout between their cohorts and Rapid Action Battalion members at Choradanga village in Sadar Upazila early Monday.The deceased were identified as Abdul Wahab (35), regional leader of banned Purba Banglar...

Jail Code doesn't provide phone facility to prisoners

2007-09-11 00:00:00

Deputy Inspector General-DIG (Prisons) of Police Shamsul Haider Siddiqui has dismissed the demand for telephone facility to Awami League (AL) President Sheikh Hasina who is now in prison. The DIG (Prisons) told journalists at the Dhaka Central Jail gate Monday...

Jail Code doesn't provide phone facility to prisoners

2007-09-11 00:00:00

Deputy Inspector General-DIG (Prisons) of Police Shamsul Haider Siddiqui has dismissed the demand for telephone facility to Awami League (AL) President Sheikh Hasina who is now in prison. The DIG (Prisons) told journalists at the Dhaka Central Jail gate Monday...

Need for enhancing trade between Bhutan, Bangladesh underlined

2007-09-11 00:00:00

President Iajuddin Ahmed underlined the need for enhancing bilateral trade and commerce between Bhutan and Bangladesh, reports UNB. The President also stressed on exchanging of visit of trade delegations between the countries for exploring all avenues of economic cooperation."Bangladesh attaches...

Lifting ban on politics clears path to polls: CEC

2007-09-11 00:00:00

The Chief Election Commissioner (CEC) Monday said the government decision to allow indoor politics removed all barriers to implementing the roadmap to the polls by 2008, reports bdnews24.com."Now we see a clear road ahead. We will complete election by December...

Mukul Bose raises call for Hasina's freedom

2007-09-11 00:00:00

Awami League (AL) acting General Secretary Mukul Bose Monday demanded freedom for detained former premier Sheikh Hasina, a day after the government opened the door to limited politics. Bose also urged the government to lift the ban on politics completely,...

Prove what you want thru' indoor activities

2007-09-11 00:00:00

Adviser for Law, Justice and Parliamentary Affairs Mainul Hosein said what political parties really want would have to be proved through their activities, now that the caretaker government (CG) conditionally allowed politics behind the doors.The law adviser said this while...

Voter registration work starts in C'nawabganj Oct 7

2007-09-11 00:00:00

CHAPAINAWABGANJ, Sept 10 (UNB): Work on preparing voter list with photographs and national Identity (ID) Card will start in the district on October 7.The first phase work of the project will be completed in Nawabganj municipality area in cooperation with...

CA condoles death of St Lucia PM

2007-09-11 00:00:00

Chief Adviser (CA) Fakhruddin Ahmed expressed deep shock at the death of Saint Lucia Prime Minister (PM) Sir John Compton, reports UNB. The CA lauded the leadership of the three-time elected PM Sir Compton for guiding his country to independence...

Ex state minister Patal accused in extortion case

2007-09-11 00:00:00

NATORE, Sept 10 (UNB): Former state minister for Youth and Sports Fazlur Rahman Patal and 15 others were accused of extortion in a case filed Monday.Badaruddin of Chitholia village in Bagatipara Upazila filed the case. Magistrate of the local court...