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NCC Bank diversifies activities

2007-08-27 00:00:00

FE ReportNCC Bank Ltd, a leading private commercial bank (PCB), has diversified its activities in areas like agro-financing, stock brokerage, primary dealership, credit cards and corporate social responsibilities (CSR)."We have a strong commitment for our clients and that's why we...

IDB to finance study on Eastern Refinery capacity expansion

2007-08-27 00:00:00

FE ReportThe Islamic Development Bank (IDB) will provide a grant amount of $218,000 to finance a feasibility study on capacity expansion of the state-owned Eastern Refinery Limited (ERL)."The Energy and Mineral Resources Division (EMRD) Sunday endorsed the IDB proposal for...

Banks in city witness heavy rush

2007-08-27 00:00:00

FE Report Commercial banks in the city witnessed a heavy rush of clients Sunday following the student unrest and the weekly holidays. Clients were seen standing in long queues at many branches of the banks in different parts of the...

Recent violence-related cases to be settled within two weeks

2007-08-27 00:00:00

Dhaka Metropolitan Police (DMP) Commissioner Naim Ahmed Wednesday said 35 cases filed in connection with violence and violation of emergency rules in Dhaka City will be settled within two weeks after investigations, reports UNB."We will settle the cases within the...

Govt completes corporatisation of Sonali, Janata Agrani this week

2007-08-27 00:00:00

The government has finalised the draft for "vendor agreement" completing the process of corporatisation of state-run Sonali, Janata and Agrani banks, reports UNB.A meeting of the Banking Division of the Ministry of Finance finalised the draft Sunday with Finance Secretary...

NBR waiting for response from taxpayers to newly introduced system

2007-08-27 00:00:00

National Board of Revenue (NBR) will go for further simplification of rules and regulations for payment of taxes on the basis of success of the new system introduced this year, reports UNB. Universal self-assessment system and unified taxpayers identification number...

Death toll from floods shoots up to 702

2007-08-27 00:00:00

The steadily growing death toll from the flood-related incidents like drowning, waterborne diseases and snakebites etc rose to 702 with 10 fresh deaths reported in the last 24-hours until Sunday morning, reports UNB. Meanwhile, the flood situation has improved greatly...

TCB moves to stabilise prices during Ramadan

2007-08-27 00:00:00

FE Report The Trading Corporation of Bangladesh (TCB) has taken adequate steps for supplying essential commodities during the month of Ramadan and help stabilise the market during the period.The TCB officials said the corporation will supply lentil, onion, chickpeas and...

Stocks bounce back

2007-08-27 00:00:00

FE ReportStock prices on the Dhaka Stock Exchange (DSE) Sunday bounced back despite a two-hours' delayed start in the day's trading.Senior officials of the DSE said the stock prices on the country's prime bourse bounced back as normalcy has been...

CCCI recommends steps to control essentials’ prices

2007-08-27 00:00:00

CHITTAGONG, Aug 26 (UNB) - Chittagong Chamber of Commerce and Industry (CCCI) leaders in a meeting Sunday put forward a 19-point recommendation to the government for uninterrupted supply of essentials during the month of Ramadan.The chamber leaders will submit the...

ACC seizes ex-Jamaat MP's Pajero from Dhaka

2007-08-27 00:00:00

CHITTAGONG, Aug 26 (UNB): The Anti-corruption Commission (ACC) seized a Pajero jeep of former Jamaat MP Shahjahan Chowdhury from Tejgaon area in the capital Dhaka Saturday.The ACC sources said Shahjahan Chowdhury, in his wealth statement, showed the price of his...

Inspiringly positive

2007-08-27 00:00:00

A nation's economic self-reliance in any form is coveted and prestigious for it. For this reason, last Saturday's report in this paper about the Bangladesh Bank (BB) being likely to provide $300 million to the state-owned Bangladesh Petroleum Corporation (BPC)...

The state of uneasiness in banking sector

2007-08-27 00:00:00

Shamsul Huq ZahidAll is not well in the country's banking sector. While the sector is sitting on a huge amount of excess liquidity, a reverse trend in the recovery of non-performing loans (NPLs) is now being witnessed, much to the...

Credit wholesaling for SME financing

2007-08-27 00:00:00

Ferdous Ara Begum in the second of a two-part articleTHE capital-output ratio and return on asset are higher in case of the small enterprises. Large ones can buy raw materials at lower costs. This is one of their advantages. However,...

Why the good life could turn out to be the hardest sell of all

2007-08-27 00:00:00

Rebecca KnightALAN Andreasen has been a professor of marketing for more than 40 years, but he does not know much about writing advertisements."I am about taking ideas, breaking them down and making them usable to people on the ground," says...

Exercising utmost restraint

2007-08-27 00:00:00

NOW that the situation has returned to normalcy in the public educational institutions in most cities of the country following the unfortunate incident in the Dhaka University over a trifling matters, all concerned should exercise utmost restraint. The incident was,...

Does it apply to the land boundary agreement?

2007-08-27 00:00:00

Many Indians have raised their voice of concern stating that the hurriedly framed Hyde Act in the US would actually govern the American decisions on nuclear supports to their country under the Indo-US nuclear deal, which, incidentally, will enter into...

Calling for flood aid

2007-08-27 00:00:00

THE government has now, according to reports in the media, decided to issue an official call for foreign assistance to cope with the devastation of the flood. A fortnight ago, the foreign adviser was earlier reported to have told newsmen...

Pitching the imperial republic: Bonaparte and Bush on deck

2007-08-27 00:00:00

Juan Cole French Egypt and American Iraq can be considered bookends on the history of modern imperialism in the Middle East. The Bush administration's already failed version of the conquest of Iraq is, of course, on everyone's mind; while the...

Burma: A people running on empty

2007-08-27 00:00:00

Marwaan Macan-Markar from BangkokFor over a week, Burmese civilians in and around Rangoon have been forced to make a tough choice -- stay at home and starve or go to work and labour on near-empty stomachs. This choice for people...

Security measures in place for protection of diplomats: FA

2007-08-27 00:00:00

Adviser for Foreign Affairs Iftekhar Ahmed Chowdhury assured foreign diplomats that all security measures were in place for their protection so they could work unhindered.The foreign adviser told journalists after briefing diplomats and representatives of international organisations at the Ministry...

Voter listing begins in Khulna City

2007-08-27 00:00:00

KHULNA, Aug 26 (UNB): Voter registration with photographs in Khulna City Corporation (KCC) formally began Sunday which was stalled Thursday following the imposition of curfew.55 Infantry Division GOC M Rafiqul Islam formally inaugurated the registration work at Khulna Model School...

Iran assures all necessary support for flood victims

2007-08-27 00:00:00

Iranian Foreign Minister Manouchehr Mottaki Sunday phoned his Bangladesh counterpart for discussion on bilateral matters, when the government of Iran gave assurance of all necessary support for the flood victims in the country, reports UNB.The Iranian foreign minister called Adviser...

Dulu produced before court in militancy case

2007-08-27 00:00:00

RAJSHAHI, Aug 26 (UNB): Former deputy minister for Land Ruhul Quddus Talukder Dulu, who now faces a series of cases along with his family and friends, was produced in a court here Sunday in a case of patronising militancy.Dulu appeared...

Journalists still being harassed by law enforcers

2007-08-27 00:00:00

Despite a government instruction to cooperate with journalists in discharging their duties during curfew hours, a number of newsmen complained of harassment by law enforcement officials on their way back home Saturday night, reports UNB. Army personnel stopped the vehicle...

Bomb-like object found at Ctg Bar Assoc building

2007-08-27 00:00:00

CHITTAGONG, Aug 26 (UNB): Panic spread among lawyers in the port city as a bomb-like object was found in the building of the District Bar Association Sunday morning.The police said Sabuj, a cleaner of the Bar Association, found the object...

BCC Mayor Sarwar taken on 7-day remand

2007-08-27 00:00:00

BARISAL, Aug 26 (BSS): Barisal City Corporation (BCC) Mayor Mazibar Rahman Sarwar, accused in a murder case, was taken on a seven-day remand Sunday. Court sources said investigating officer (IO) Mir Kashem placed a prayer for a seven-day remand before...

Local BNP secy held in Kishoreganj

2007-08-27 00:00:00

KISHOREGANJ, Aug 26 (UNB): Kishoreganj municipality Bangladesh Nationalist Party (BNP) secretary and leader of Paribahan Samity was arrested by the joint forces from Amati Mirpur Sunday.Ismail Hossain Madhu who went into hiding since declaration of emergency in the country was...

Notre Dame, VN, City College secure first 3 positions among top 10 for 3 consecutive yrs

2007-08-27 00:00:00

Notre Dame College, Viqarunnisa Noon College and Dhaka City College secured first, second and third position respectively for the third consecutive year in terms of having the highest number of GPA-5 scorers at the HSC examinations under Dhaka Board, reports...

Touchstone statute worth Tk 25m recovered, two arrested

2007-08-27 00:00:00

BARISAL, Aug 26 (UNB): Police recovered a touchstone statue of Buddha, worth Tk 25 million (2.5 crores) from Nazirpur Upazila in Pirojpur district and arrested two in this connection Saturday noon.Police sources said Nasir Sharif (35) of Baghajora village of...