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AL allowed to observe Aug 15 on limited scale

2007-08-10 00:00:00

Awami League (AL) has been allowed to observe the death anniversary of Bangabandhu Sheikh Mujibur Rahman on August 15 on a limited scale, reports UNB.An assistant metropolitan police commissioner in a letter to acting AL general secretary Mukul Bose gave...

ACC sues three including Mosharraf

2007-08-10 00:00:00

The Anticorruption Commission Thursday filed four separate cases against former health minister Khandaker Mosharraf Hossain, Orion Group chairman Obaidul Karim and Janakantha editor Atiqullah Khan Masud. A case was filed against Mosharraf with Dhanmondi Police Station while a second case...

CID recovers 29 rocket projectiles from city courier service office

2007-08-10 00:00:00

Criminal Investigation Department (CID) seized 29 rocket projectiles from a courier service office in the city Wednesday. They detained three employees of the courier service for interrogation. A team of CID of Dhaka Metro Zone raided the office of Trans...

Registration exam for non-govt teachers: Deadline extended

2007-08-10 00:00:00

The deadline for submission of application form for 3rd registration examination of non-government teachers has been extended up to August 16. Non-government Teachers' Registration and Certification Authority (NTRCA) will hold the examination. The application forms will be sold from the...

Musharraf steps back from declaring emergency

2007-08-10 00:00:00

ISLAMABAD, Aug 9 (Agencies): Pakistan's President Pervez Musharraf, facing the biggest test to his eight-year military rule, won't declare a state of emergency to quell unrest because he wants to hold national elections next year, the Information Minister said. "The...

Smugglers turn to gold bars for transaction

2007-08-10 00:00:00

Our CorrespondentRAJSHAHI, Aug 9: Smugglers of Rajshahi area chose to go back to the roots by using gold bars in their transaction against smuggled goods following the unprecedentedly low rate of the Indian rupee against Bangladesh Taka (BDT), sources said.As...

Jamuna, Meghna oil cos to place action plan for offloading shares

2007-08-10 00:00:00

FE reportThe authorities of two state-owned oil companies - Jamuna and Meghna - will place an action plan on offloading of shares before the Advisory Committee on Economic Affairs on August 13 for approval, official sources said.After the approval, the...

EC to send reform proposals to parties soon

2007-08-10 00:00:00

The Election Commission (EC) is set to start sending its draft reform proposals on related electoral laws to the political parties at the end of the current month (August), reports UNB.Meanwhile, EC sources said the main task of preparing voter...

Buying spree leads DSE indices to gain marginally

2007-08-10 00:00:00

FE ReportThe indices on the Dhaka Stock Exchange (DSE) Thursday gained marginally due to a buying spree from the investors' side. But the total turnover declined further on the day's trading.Market operators said stock prices on the DSE have declined...

Central bank asks NCBs to disburse fresh credit to flood-hit farmers

2007-08-10 00:00:00

Siddique Islam The Bangladesh Bank (BB) has asked the state-owned banks to disburse fresh agricultural credit to the flood-affected farmers on relaxed rules and regulations. Under the move, the flood-hit farmers will be eligible for fresh credit after rescheduling their...

Govt decision to raise trade cadre posts awaits execution

2007-08-10 00:00:00

Naim-Ul-KarimA Ministry of Commerce (MoC) decision to enhance the trade negotiation capability of government officials by increasing the number of posts in the trade cadre service still awaits execution 15 months after it was adopted, sources said.An inter-ministerial meeting, headed...

United Kingdom companies drawn to India

2007-08-10 00:00:00

Chris Bryant, FT Syndication ServiceLONDON: British companies are this year set to reclaim top spot as the acquirer of Indian businesses but many are missing out on takeover opportunities, says a report.Businesses have spent a record £6.5bn on Indian acquisitions...

Dollar regains strength, call rate steady

2007-08-10 00:00:00

FE ReportThe US dollar regained its strength against the Bangladesh taka (BDT) Thursday in the inter-bank foreign exchange market due to higher demand for the greenback, fund managers said.The exchange rate of the dollar against the BDT moved between the...

BNP men 'to be shocked if Khaleda not permitted'

2007-08-10 00:00:00

GAZIPUR, Aug 09 (UNB): BNP chairperson's adviser ASM Hannan Shah said Thursday the countrymen, particularly the BNP leaders and workers, would be deeply shocked if party chairperson Khaleda Zia is not allowed to join relief activities. "She should not be...

Rush at ICDDR,B hospital

2007-08-10 00:00:00

Increasing number of patients with severe diarrhoea are crowding the city's ICDDR,B hospital, a specialised centre of treatment for diarrhoea and cholera, reports UNB.A total of 4,397 patients were admitted to the hospital with severe diarrhoea in the last seven...

Notice to Hasina was flawless, says ACC chief

2007-08-10 00:00:00

In the wake of the High Court's stay order on the operation of the notice issued to Sheikh Hasina for submitting wealth statement, Anti-Corruption Commission (ACC) Chairman Lt Gen (retd) Hasan Mashhud Chowdhury Thursday said the notice was flawless and...

Corporate bodies, banks donate money to CA's relief fund for flood victims

2007-08-10 00:00:00

FE Report A number of corporate bodies and banks continued donations of money to the Chief Adviser's (CA) relief fund for helping the flood-affected people across the country.Islamic Banks Consultative Forum (IBCF) Chairman Abu Nasser Muhammad Abduz Zaher and Vice-Chairman...

Proper planning can uplift Kaptai National Park as an eco-tourism spot

2007-08-10 00:00:00

Our CorrespondentCHITTAGONG, Aug 09: Kaptai National Park (KNP) may emerge as an attractive eco-tourism spot for the visitors from both home and abroad, if the concerned authorities continue to develop it with proper planning in without interruption.Based at Kaptai upazila...

Banglalink to organise music festival for flood victims

2007-08-10 00:00:00

FE ReportBanglalink will organise a "Desh Music Festival-2007" to create awareness about the flood affected people and to stand beside them in their distress.The music festival will take place on August 17 and August 18, 2007 at Fantasy Kingdom near...

corporatewatch

2007-08-10 00:00:00

Recommendation of dividendApex Foods: The board of directors of Apex Foods Limited has recommended 18 per cent cash dividend for its shareholders for the year 2006-2007. The annual general meeting (AGM) of the company will be held on September 27,...

Karmashangsthan Bank distributes Tk 24.9 million

2007-08-10 00:00:00

RANGAMATI, Aug 9 (BSS): Rangamati branch of Karmashangsthan Bank has distributed over 24.9 million among the young entrepreneurs for setting up agro-based industries considering the availability of raw materials in the district.The bank has sanctioned loans for making investment in...

Govt allocates Tk 0.8m for 65 NGOs of Cox's Bazar

2007-08-10 00:00:00

COX'S BAZAR, Aug 09 (BSS): The government has allocated a total of Tk 0.8 million (8.0 lakh) for 65 organisations for carrying out their social welfare activities in the district.Cox's Bazar Additional Deputy Commissioner Arifur Rahman distributed the grant money...

Asian stocks mostly higher

2007-08-10 00:00:00

HONG KONG, Aug 09 (MarketWatch): Asian stocks mostly ended higher Thursday in the wake of a Wall Street rally, with technology firms such as Advantest Corp. pacing gains in Japan, but Indian shares sharply retreated from early gains as fears...

Mortgage concerns hit US markets

2007-08-10 00:00:00

US share indexes tumbled amid fears that a wobble in the mortgage market may prompt a global credit crunch, reports BBC. The Dow Jones fell 199.24 points, or 1.5 per cent, to 13,458.62. The S&P shed 1.7 per cent to...

Afghanistan, Pakistan must work together: Karzai

2007-08-10 00:00:00

KABUL, Aug 9 (AFP): Afghan President Hamid Karzai told hundreds of Afghan and Pakistan tribal leaders Thursday that both nations could defeat a resurgent Al-Qaeda and Taliban if they worked together. Karzai's remarks came as he opened three days of...

Iran vows to back Iraq PM's security drive

2007-08-10 00:00:00

TEHRAN, Aug 9 (AFP): Iraqi Prime Minister Nuri al-Maliki Thursday won pledges from Iranian leaders to support his drive to restore security to Iraq, amid US accusations that Iran is behind deadly attacks in the country. The embattled Maliki met...

East Timor violence recalls independence: Ramos-Horta

2007-08-10 00:00:00

DILI, Aug 9 (AFP): As East Timor's new government began its first working day Thursday, President Jose Ramos-Horta said violence that broke out this week recalled the bloody days of the nation's independence vote. Unrest surrounding East Timor's vote to...

China, Russia lead anti-terrorism drills

2007-08-10 00:00:00

BEIJING, Aug 9 (AFP): China, Russia and four central Asian nations began a joint anti-terror military drill in a remote Muslim- dominated Chinese region Thursday, state press reported. The exercise involves a total of 6,000 troops and 36 aircraft from...

South Asia floods toll passes 2,000 mark

2007-08-10 00:00:00

NEW DELHI, Aug 9 (AFP): The death toll from the worst monsoon floods to hit South Asia in decades passed 2,000 Thursday even as the torrents of muddy water recede from millions of acres of farmland. Despite several dry days...

Indian PM stands firm against left veto of US nuclear deal

2007-08-10 00:00:00

NEW DELHI, Aug 9 (AFP): Indian Prime Minister Manmohan Singh is standing firm in the face of opposition from his government's communist partners, insisting that a key civilian nuclear deal with Washington will not be renegotiated. Singh's unequivocal "no" to...