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Govt borrows Tk 9 billion thru' treasury bills

2007-09-03 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, 91-day, 182-day bills and...

Frozen food exports fetch record earnings

2007-09-03 00:00:00

KHULNA, Sept 2 (UNB): Bangladesh has earned Tk 35 billion (3,500 crore) by exporting frozen food during last fiscal year (2006-07), breaking all previous records.In 2005-06 fiscal year, the country had earned Tk 30 billion (3,000 crore) from the sector....

Tk 4.0b earned from fish eggs procured from Halda river

2007-09-03 00:00:00

Our CorrespondentCHITTAGONG, Sept 2: The country earns about Tk 4.0 billion annually from the particles of Ruhi fish and allied species procured from the Halda river, sources said.An equal amount of money is also earned from the fish of other...

HSBC Bangladesh earns AA+ rating in long-term

2007-09-03 00:00:00

The Hongkong and Shanghai Banking Corporation (HSBC) Ltd in Bangladesh has received AA+ (Double A Plus) in the long-term and ST-1 in the short term by Credit Rating Information and Services Limited (CRISL) of the country, said a press release.CRISL,...

IDB president lays foundation stone

2007-09-03 00:00:00

President of Islamic Development Bank (IDB) Ahmad Mohamed Ali laid the foundation stone of multi-storied building of Islami Bank Training and Research Academy Complex at 10 Momenbagh, Rajarbagh, Dhaka Friday, said a press release. He was present in a function...

Income-tax lawyers urged to help tax-payers

2007-09-03 00:00:00

Our CorrespondentCHITTAGONG, Sept 2: Income-tax lawyers have been urged to extend all-out cooperation to genuine taxpayers in paying their income taxes.Member of the National Board of Revenue (NBR) Ali Ahmad made the appeal while exchanging views with the members of...

Anxiety remains even after stock rebound

2007-09-03 00:00:00

NEW YORK, Sept 2 (Reuters): Stock markets ended one of the most volatile months in years on an impressive note, but this week still will not be any easier for investors as the employment report and housing turmoil remain high...

New Insurance Association chairman elected

2007-09-03 00:00:00

FE ReportAKM Rafiqul Islam has been unanimously elected Chairman of the Bangladesh Insurance Association (BIA) for the term of 2007-2008 recently, said a press release.Islam is the founder managing director of Pragati Insurance Limited.He is a Fellow of the Institute...

Training on remittance management held

2007-09-03 00:00:00

FE ReportRefugee and Migratory Movements Research Unit (RMMRU) of Dhaka University (DU) arranged a daylong training of trainers titled 'better management of migrant's remittances : 1st TOT for capacity building of bank officials' Saturday with the support of Manusher Jonno...

Indian shares seen strengthening on earnings hopes

2007-09-03 00:00:00

MUMBAI, Sept 2 (AFP): Indian share prices should keep firming next week on optimism about the next set of domestic quarterly corporate results and an easing of the US subprime credit crisis, dealers said Friday. For the week to August...

Standard Bank holds its 115th board meeting

2007-09-03 00:00:00

FE ReportStandard Bank Ltd held its 115th board meeting in the Conference Room of the bank's Jubilee Road branch in Chittagong recently, said a press release.Chairman of the bank's board of directors Kazi Akramuddin Ahmed presided over the meeting. Vice-chairman...

CRAB, Nat'l Life sign deal on credit rating

2007-09-03 00:00:00

FE ReportFrom now on the Credit Rating Agency of Bangladesh Limited (CRAB) will provide credit rating services to the National Life Insurance Company Limited.In this connection, an agreement was signed between the two companies in the city recently, according to...

Suez-GDF merger decision today

2007-09-03 00:00:00

PARIS, Sept 2 (AFP): French energy group Suez and state-owned Gaz de France will announce tomorrow (Monday) a decision on whether to merge into what would be one of Europe's biggest power companies, the French presidency said Saturday. "The two...

Standard Bank holds its 115th board meeting

2007-09-03 00:00:00

FE ReportStandard Bank Ltd held its 115th board meeting in the Conference Room of the bank's Jubilee Road branch in Chittagong recently, said a press release.Chairman of the bank's board of directors Kazi Akramuddin Ahmed presided over the meeting. Vice-chairman...

CRAB, Nat'l Life sign deal on credit rating

2007-09-03 00:00:00

FE ReportFrom now on the Credit Rating Agency of Bangladesh Limited (CRAB) will provide credit rating services to the National Life Insurance Company Limited.In this connection, an agreement was signed between the two companies in the city recently, according to...

Supreme Pharma donates medicines to CA's Relief Fund

2007-09-03 00:00:00

Supreme Pharmaceuticals Limited has donated medicines amounting to Tk 0.51 million to the Chief Adviser's (CA) Relief Fund to help the country's flood-hit people.In this connection, Chairman of Shams Group and Chief Adviser of Supreme Pharmaceuticals Muhammad Shams-ul Haque handed...

corporatewatch

2007-09-03 00:00:00

ISN issue upgraded The shares of Information Services Network (ISN) Limited will be placed in "A" category from existing "Z" category with effect from today (Monday) as the authorities of the company have stated that they have completed payment of...

Trade, educational, cultural issues to figure high in talks

2007-09-03 00:00:00

Bilateral cooperation in trade and economic as well as in cultural and educational fields will feature prominently during Foreign Adviser Iftekhar Ahmed Chowdhury's official talks with his Russian counterpart in Moscow, reports UNB. Iftekhar left the city for Moscow Saturday...

Inquiry commission chief Justice Khan visits spot at DU Gymnasium

2007-09-03 00:00:00

Dhaka University incident inquiry commission's chief, Justice Habibur Rahman Khan, Sunday visited the DU gymnasium from where an unprecedented student protest broke out following a brawl between students and some army personnel on August 20, reports UNBJustice Khan, a retired...

UK assists Bangladesh on border security policy

2007-09-03 00:00:00

A British-assisted seminar began in the city Sunday aiming to improve Bangladesh's border-security issues and encourage sensitive policy responses to offences like international terrorism and trafficking, reports UNBThe British Ministry of Defence and Bangladesh Ministry of Home Affairs are jointly...

HC order in Mig-29 scam against Hasina Wednesday

2007-09-03 00:00:00

The High Court (HC) will pass orders Wednesday regarding the petitions for quashing the much-talked-about Mig-29 scam against former prime minister and Awami League president Sheikh Hasina, reports UNB.After closing the arguments made Sunday by both state and defence counsels...

Eight RU teachers among 20 sued for Rajshahi student protests

2007-09-03 00:00:00

RAJSHAHI, Sept 02 (bdnews24.com): Twenty people, including eight Rajshahi University (RU) teachers, have been accused in two separate cases of breaching emergency powers rules during the recent student protests. Following the student protests at Dhaka University (DU), clashes erupted on...

DU ready to reopen campus

2007-09-03 00:00:00

DU CorrespondentThe Dhaka University authorities are ready to respond positively if the government decides to reopen the university now along with other public universities and colleges.DU Vice-Chancellor SMA Faiz told this to reporters after a meeting with faculty deans, hall...

High Court clears impediment to Babar's trial in arms case

2007-09-03 00:00:00

The High Court (HC) Sunday dismissed a prayer for overturning a Special Tribunal's order framing charges against detained former State Minister for Home Lutfozzaman Babar in an arms case, removing impediment to the trial, reports UNB.Earlier, Judge Sayed Jahed Mansur...

British, Dutch mission officials visit voter-registration centres in Comilla

2007-09-03 00:00:00

COMILLA, Sep 2 (UNB): Officials of British High Commission and the Netherlands Embassy in Dhaka visited voter-registration centres in Comilla pourasava today (Sunday), as the national task for preparing a new voter list in preparation for elections has been underway.Political...

AL leader Amu postpones S'pore visit

2007-09-03 00:00:00

Senior Awami League presidium member Amir Hossain Amu postponed his scheduled Singapore visit in view of his wife's deteriorating health, Reports UNBAmu, known as a reformist leader of the party, returned home Tuesday from Singapore after more than two months'...

Govt to urge judicial service to include corporate governance in module

2007-09-03 00:00:00

The government is likely to request the judicial service to include corporate governance in their training module to derive optimum result from it, reports UNB.Finance Adviser Mirza Azizul Islam said Sunday he would take the initiative to pursue the matter...

Man strangulated to death by his in-laws

2007-09-03 00:00:00

SIRAJGANJ, Sept 2 (UNB): A man was allegedly strangulated to death by his in-laws at Sheikhpara village of Bera Upazila of Pabna district Saturday.Local people said Jahangir Alam (21), son of Moyen Uddin of Malshapara area of Sirajganj municipality, married...

Farmers losing interest in jute cultivation

2007-09-03 00:00:00

Our CorrespondentBrahmanbaria, Sept 2: Farmers of the district are losing interest in jute cultivation as they are not getting fair price for the product.Official sources said, farmers cultivated jute on 4067 hectares of land last season but this season, jute...

Views exchanged on law and order situation

2007-09-03 00:00:00

Our CorrespondentTANGAIL, Sept 2: A view exchange meeting on district law and order situation was held Saturday at Tangail thana compound.Police super Tangail Abdul Mannan PPM was present at the meeting as the chief guest.UNO of Tangail Sadar Matul Islam,...