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IDLC, subsidiaries' half-yearly net profit up 70.1pc

2007-07-30 00:00:00

FE ReportIDLC and its subsidiaries recorded a half-yearly net profit of Tk 103.7 million (10.37 crore) from January 1 to June 30, which is 70.1 per cent higher than that of the corresponding period of the previous year.IDLC's execution of...

Emirates, Chinese airport group build strategic partnership

2007-07-30 00:00:00

FE ReportDnata, the ground-handling arm of Dubai's Emirates Group, has recently signed a joint venture agreement with China West Airport Group (CWAG) to provide airport ground handling services at Xi'an Xianyang International Airport (XXIA).Dnata and Associated Companies President Gary Chapman...

CCC to implement Tk 250m development projects

2007-07-30 00:00:00

Our CorrespondentCHITAGONG, Jul 29: Chittagong City Corporation (CCC), at its general meeting, decided to implement the task of developing damaged roads in the port city including their urgent overhaul work worth Tk 250 million (2.5 crore) at the initial stage...

India's Reliance Industries Q1 net profit jumps 28pc

2007-07-30 00:00:00

MUMBAI, July 29 (AFP): India's largest private-sector firm Reliance Industries reported yesterday that first-quarter net profit jumped by a better-than-expected 28.1 per cent thanks to better margins and higher exports. The oil and petrochemical giant said net profit totalled 32.64...

US IT security firm looks at NZX for capital

2007-07-30 00:00:00

NEW YORK, July 29 (Reuters): A $100 million United States data hosting company, whose clients include some of the truly big names in US Inc, looks likely to list on the New Zealand stock exchange (NZX). The company, Diligent Board...

China's major SOEs see total assets reach 16.4 trillion yuan

2007-07-30 00:00:00

BEIJING, July 29 (Xinhua): The total assets of China's 423 major state-owned enterprises (SOEs) increased by 14.7 per cent from the same time last year to 16.41 trillion yuan at the end of June, said the State-owned Assets Supervision and...

Greenspan, CEOs urge cut in US corporate tax rate

2007-07-30 00:00:00

WASHINGTON, July 29 (Reuters): The United States should cut its corporate tax rate while broadening the revenue base by eliminating special credits and deductions, former Federal Reserve Chairman Alan Greenspan and top business executives said on Thursday. Such changes would...

IPO diary

2007-07-30 00:00:00

City General Insurance Company Limited Nature of Business: General Insurance Subscription Open: Aug 19 2007Subscription Close: Aug 23 2007 Offer Price (Tk.): 100.00 Market lot (Share): 50 Public Offer (Share): 900,000 Sponsors Portion (Share): 600.000 Private Placement (Share): Total Paid...

corporatewatch

2007-07-30 00:00:00

Recommendation of dividendStyle Craft: The board of directors of Style Craft Limited has recommended 25 per cent cash dividend for its shareholders for the fiscal year 2006-2007. The annual general meeting (AGM) of the company will be held on September...

US tightens financial squeeze on Iran

2007-07-30 00:00:00

WASHINGTON, July 29 (AFP):The US government is escalating financial sanctions against Iran and ratcheting up pressure on Iranian companies suspected of supporting Tehran's nuclear ambitions. US-Iranian relations deteriorated after the 1979 Islamic revolution, but have worsened since the US-led invasion...

SE Asia divided on human rights

2007-07-30 00:00:00

MANILA, July 29 (AFP): Southeast Asian nations headed into a week of security and political talks Sunday looking to seal a landmark cooperation deal but sharply divided on how to deal with human rights abuses -- and each other. Despite...

Hezbollah rejects US vision of Mideast

2007-07-30 00:00:00

BEIRUT, Lebanon, July 29 (AP): Hezbollah's leader said Saturday that the militant Islamic group's war last summer with Israel has left the US vision of a "new Middle East" in shambles and claimed the guerrilla group was ready to strike...

Abe's agenda on line as Japan votes

2007-07-30 00:00:00

TOKYO, July 29 (AFP): Japan voted Sunday in an election predicted to deliver a stinging rebuke to outspoken conservative Prime Minister Shinzo Abe and possibly pressure him to quit. Abe, who has championed building a more assertive nation proud of...

New British PM to meet Bush

2007-07-30 00:00:00

LONDON, July 29 (AP): On the eve of his first visit to Washington as British prime minister, Gordon Brown said relations between the two allies would always be strong. But his government has signaled that it may not have as...

Israeli PM announces $30b US defence aid

2007-07-30 00:00:00

JERUSALEM, July 29 (AFP): Israeli Prime Minister Ehud Olmert said Sunday that the United States has agreed a 25 percent increase in its military and defence aid to Israel, to 30 billion dollars in the next 10 years. "In my...

N Korea reaffirms N-commitment

2007-07-30 00:00:00

Manila, July 29 (AP): North Korea's new foreign minister reaffirmed his country's commitment to ending its nuclear weapons programme, an official said Sunday. Pak Ui Chun, however, did not specify when North Korea would disable its nuclear facilities, Philippine Department...

18 more Nepalis die in monsoon, total death toll rises to 33

2007-07-30 00:00:00

KATHMANDU, July 29 (Xinhua): Seventeen more persons died Saturday and one Friday night, the death toll due to floods and landslides caused by incessant rains has reached 33 across Nepal in the last week, local newspaper The Himalayan Times reported...

Palestinians begin return to Gaza

2007-07-30 00:00:00

EL-ARISH, Egypt, July 29 (AP): More than 100 Palestinians began their trip home to the Gaza Strip Sunday, almost two months after Hamas' takeover of the seaside strip triggered the closure of the border with Egypt. The journey began Sunday...

Cargo plane crashes in Russia, kills eight

2007-07-30 00:00:00

MOSCOW, July 29 (Xinhua): A cargo plane crashed in Russia early Sunday, killing at least eight people on board, Itar-Tass news agency reported. The plane hit the ground just after it took off from southeastern Moscow's Domodedovo airport at 04:16...

British queen's eldest grandson to marry

2007-07-30 00:00:00

LONDON, July 29 (AFP): Queen Elizabeth II's eldest grandson Peter Phillips is to marry his Canadian girlfriend, Autumn Kelly, a Buckingham Palace spokesman announced Saturday. Phillips, 29, is the only son of the monarch's daughter Princess Anne and her first...

Washington split over Clinton cleavage

2007-07-30 00:00:00

WASHINGTON, July 29 (AFP): In Washington, where professional women's style statements are pointedly conservative, Hillary Clinton's cleavage has suddenly burst into one of the hottest topics of the Democratic presidential race. The normally very conservative dresser's slightly low neckline during...

UNDP launches new human rights project

2007-07-30 00:00:00

FE ReportThe United Nations Development Programme (UNDP) has initiated a new technical assistance project in association with the Ministry of Law, Justice and Parliamentary Affairs to strengthen mechanisms for promotion and protection of human rights (HR) and the delivery of...

AL presidium members meet at Zillur's home

2007-07-30 00:00:00

Awami League (AL) presidium members gathered their wits and sat together Sunday for the first time after the party chief Sheikh Hasina' s arrest, reports UNB.At the meeting at acting AL president Zillur Rahman's Giulshan residence, they discussed programmes for...

Extortion case against ex-state minister Alamgir Kabir, 36 JMB suspects filed

2007-07-30 00:00:00

NAOGAON, July 29 (UNB): An extortion case was filed against former BNP state minister and LDP leader Alamgir Kabir and 36 suspected activists of the banned Islamist outfit Jama'atul Mujaheedin Bangladesh (JMB) here Sunday.M Ramzan Ali of Bisha village in...

15 get 10 years each for JMB link

2007-07-30 00:00:00

MYMENSINGH, July 29 (bdnews24.com): A Mymen-singh court Sunday sentenced 15 persons to 10 years in jail each for sheltering Siddiqul Islam Bangla Bhai and assisting the banned militant outfit JMB. Magistrate Shefali Begum of the Speedy Trial Court handed down...

RAB nab BNP leader, recover arms, ammo

2007-07-30 00:00:00

PABNA, July 29 (UNB): Members of the Rapid Action Battalion (RAB) recovered arms and ammunition in a raid and arrested three people from the residence of a local BNP leader at Baghal Thakurpara in Iswardi Upazila Sunday morning.Acting on a...

Country needs strong policy to prevent cyber-related crimes

2007-07-30 00:00:00

The country needs a strong cyber-policing system in its present strive to adopt newer technologies and prevent cyber-related crimes that sometimes pose threat to national interests, experts said, reports BSS. They told the agency that Bangladesh, which is moving satisfactorily...

NIMCO Workshop begins today

2007-07-30 00:00:00

DU CorrespondentA two-day training workshop on 'Minimisation of Disaster Risk and Pre-cautionary Message' begins at the city's National institute of Mass Communication (NIMCO) today (Monday).

Health Adviser urge doctors to be ready for tackling post-flood diseases

2007-07-30 00:00:00

Health Adviser ASM Matiur Rahman Sunday urged the physicians to get ready for tackling the post-flood diseases along with the current spate of mass psychogenic illness in the country, reports UNB."Take preparations to address the water-borne diseases, a post-flood phenomenon,"...

14 students fall unconscious in Jhalakati

2007-07-30 00:00:00

JHALAKATI, July 29 (UNB): At least 14 students of a secondary school in Sadar Upazila fell unconscious Sunday morning, triggering panic in the area. School sources said the students - 13 female and one male - of Boidyapur Secondary School...