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Oman Air, Air Arabia to operate direct flights from Ctg to Middle East

2007-07-26 00:00:00

Our CorrespondentCHITTAGONG, July 25: Two international airline agencies - Oman Airlines and Air Arabia - have obtained the government's permission to operate direct flights from Chittagong to Middle East. Besides, the approval of flight operation by four other airlines is...

Muslehuddin, Farid new AMDs of Karnaphuli Ins

2007-07-26 00:00:00

FE ReportThe board of directors of Karnaphuli Insurance Company Limited has recently promoted Muslehuddin, chief of claims, underwriting and re-insurance of head office, and Fariduddin Khan Siddiqui, chief of Chittagong region, to the rank of additional managing director.Md Muslehuddin joined...

KHPC makes record in power generation

2007-07-26 00:00:00

Our CorrespondentCHITTAGONG, Jul 25: Kaptai Hydro Power Centre (KHPC) made a record in power generation when they generated 230 megawatt (mw) of power, Tuesday.By doing so, it proved its capability in generating power to the maximum level.With the full-fledged power...

Commercial Bank of Ceylon takes part in job fair

2007-07-26 00:00:00

FE ReportCommercial Bank of Ceylon took part in the North South University-organised Fourth National Career Fair in the city recently, said a press release.Job seekers visited the stall of the bank and submitted their CVs. Chairman of the Public Service...

Asian stocks mostly down

2007-07-26 00:00:00

MUMBAI, July 25 (Thomson Financial): Shares across the Asia-Pacific region were mostly down Wednesday, as the overnight plunge in Wall Street weighed on some markets, with stocks in Tokyo and Australia falling on low investor sentiment. The Nikkei 225 Stock...

European stocks fall

2007-07-26 00:00:00

LONDON, July 25 (AFP): Europe's main stock markets mainly dropped Wednesday amid a fresh batch of corporate results and after more heavy falls on Wall Street that were linked to US economic concerns. However, the London market was lifted after...

Siemens to sell auto parts unit

2007-07-26 00:00:00

FRANKFURT, July 25 (AP): Siemens AG said Wednesday it will sell its VDO auto parts unit to Germany's Continental AG in a US$15.67 billion deal, ending speculation that it was going to spin off the unit independently. The Munich-based company...

4 banks recover Tk 652.5m loan in Joypurhat

2007-07-26 00:00:00

JOYPURHAT, Jul 24 (BSS): Four nationalised banks recovered a total of Tk 652.5 million (Tk 65,25,00,000) loan in the district during the fiscal 2006-07.District agri-loan committee told the news agency that the recovered amount was a part of the loan...

NDC team attends BJA seminar

2007-07-26 00:00:00

FE ReportA team of the course members of the National Defence College (NDC), headed by its Commandant Lieutenant General Abu Tayeb Muhammad Zahirul Alam, attended a seminar held in the Bangladesh Jute Association (BJA) office in the city Tuesday, said...

WIEF chairman arrives today

2007-07-26 00:00:00

FE ReportChairman of the World Islamic Economic Forum Foundation (WIEF) and former deputy prime minister of Malaysia Tun Musa Hitam arrives in the city on a day-long visit today (Thursday), according to a press release.During his visit, the WIEF chairman...

corporatewatch

2007-07-26 00:00:00

Square Pharma to increase authorised capitalThe board of directors of Square Pharmaceuticals Limited has decided to increase the authorised capital of the company from existing Tk 1.0 billion to Tk 5.0 billion subject to the approval of shareholders.Resumption of tradingAl-Arafah...

President urges people to launch ‘social movement’ for preservation of local species of fish

2007-07-26 00:00:00

President Iajuddin Ahmed Wednesday called upon the people to launch a "social movement" for preservation and development of local species of fish, reports UNB. The President made the remark while speaking at a function marking the release of fish fry...

DPHE, JICA organise seminar

2007-07-26 00:00:00

FE ReportA seminar on "Medium-term Operational Plan for Strengthening Water Quality Monitoring and Surveillance System in Bangladesh" was organised by DPHE in collaboration with JICA in the city Tuesday.DPHE Chief Engineer Mustafizur Rahman was present as the chief guest at...

Eight students of Sherpur fall sick

2007-07-26 00:00:00

SHERPUR, July 25 (UNB): Eight students of Sherpur Government Girls' High School fell sick during school hours Wednesday.Sources said a student of class-IX suddenly fell unconscious with convulsion as she came out from the school toilet at about 8:00 am....

CA extends aid for poor heart patients

2007-07-26 00:00:00

Chief Adviser Fakhruddin Ahmed has allocated 44 Aortic and Mitral Valves, 35 Oxygenetors and 35 pacemakers from his welfare quota to help treat poor heart patients, reports UNB.The allocation has been made in favour of National Heart Institute and Hospital...

Young man forced to marry his fiancée on court premises

2007-07-26 00:00:00

BARISAL, July 25 (UNB): A young man was forced to marry his fiancée on court premises here Monday. Muhammad Kibria, son of Latif Khan of Samudayakati, married Nasrin Begum, daughter of Shahed Ali Sardar of Hastishunda village of Ujirpur Upazila,...

Marriage of minor girl foiled in Pabna

2007-07-26 00:00:00

PABNA, July 25 (UNB): Marriage of a minor girl scheduled to take place Tuesday was finally stopped with the intervention of local administration.Police rescued Sonia (12), student of class VIII of Sathiya Pilot Girls' High School, from the wedding function...

Urs

2007-07-26 00:00:00

Annual Urs of Hazrat Shah Syed Azizul Bari (RH) Shah Saheb of Paribag will be held tomorrow (Friday) on Paribag Mazar premises.Munazat will be offered at 11:00 am on the same day, says a press release.

EC may start voter-listing from Rajshahi Aug 5

2007-07-26 00:00:00

The Election Commission (EC) is likely to kick-start the national task of voter list from Rajshahi on August 5 with a fund of Tk 15 million (1.5 crore) allocated for listing the voters in the city area, reports UNB."A total...

$300m WB aid likely to meet budget deficit

2007-07-26 00:00:00

FE ReportThe World Bank (WB) is likely to provide US$300 million as aid to Bangladesh in the current fiscal to support the government to meet its budget deficit and pursue reforms programme, official sources said.A senior Economic Relations Division (ERD)...

UP chairmen want to use light arms for security

2007-07-26 00:00:00

BANDARBAN, July 25 (UNB): Four union parishad (UP) chairmen of Thanchi Upazila demanded of the authorities to give local public representatives permission to use light arms to ensure their personal security and the security of local people and facilitate their...

Naser Rahman sent to jail after 5-day remand

2007-07-26 00:00:00

Former Bangladesh Nationa-list Party (BNP) lawmaker Naser Rahman, son of former finance minister M Saifur Rahman, was sent to jail Wednesday after a five-day remand in a corruption case, reports bdnews24.com. The Chief Metropolitan Magistrate's (CMM) court for Dhaka ordered...

Army chief pins hopes on existing laws

2007-07-26 00:00:00

FE ReportArmy Chief Moeen U Ahmed recently has expressed his firm belief that the action against the corrupt would be possible to be continued under the existing laws, though there are some legal problems.He expressed the firm belief in a...

Charges framed against Babar in arms case

2007-07-26 00:00:00

A special court Wednesday framed charges against the former Bangladesh Nationalist Party (BNP) state minister Lutfozzaman Babar in an arms case, reports bdnews24.com. The court set July 31 for the next hearing in the case. Judge Syed Zahed Mansur of...

Bail petition of lawmaker Sarwar Jamal rejected

2007-07-26 00:00:00

CHITTAGONG, July 25 (UNB): The bail petition of detained former Bangladesh Nationalist Party (BNP) lawmaker Sarwar Jamal Nizam was rejected by a court here Wednesday.After hearing, Metropolitan Sessions Judge AKM Anwar Hossain turned down the bail petition of Nizam, now...

Voting under electronic system to take place in city

2007-07-26 00:00:00

For the first time in the country's history, voting in a club election will take place through electronic system in the in the city Saturday, reports UNB.Election to the executive committee of Officers' Club at Bailey Road in the city...

Spl court indicted Falu's wife for tax-evasion

2007-07-26 00:00:00

A special court Wednesday indicted Mahbuba Sultana, wife of the detained former Bangladesh Nationalist Party (BNP) lawmaker Mosaddek Ali Falu, in absentia for evading income tax worth Tk 63.2 million (6.32 crore), reports UNB.After framing the charge, Judge M Firoze...

Sri Lanka complete series whitewash

2007-07-26 00:00:00

Bangladesh were left to rue five catches and three run-out opportunities as they allowed Sri Lanka to recover from 61 for 4 to 196 and then squandered a manageable run chase to go down 3-0 in Colombo, reports Cricinfo.Put in...

All BCB office-bearers, members resign except two

2007-07-26 00:00:00

All the office-bearers and executive committee members of the Bangladesh Cricket Board (BCB) except Ahmed Iqbal Hasan and Shamim Kabir tendered their resignation from the board in two days till Wednesday, reports UNB.Of the 31-strong BCB executive committee, members Ahmed...

Iraq stun Korea to make Asian Cup final

2007-07-26 00:00:00

KUALA LUMPUR, Jul 25 (AFP): Iraq stunned South Korea 4-3 on penalties to make the Asian Cup final for the first time after a match of excruciating tension Wednesday that sparked wild celebrations in Baghdad.The epic went to a shootout...