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BSEC makes Tk 297.3m net profit in 2006-07

2007-07-23 00:00:00

The state-run Bangladesh Steel and Engineering Corporation (BSEC) made a net profit of Tk 297.30 million in the last fiscal year (2006-07) compared to Tk 201 million in the previous fiscal, registering an increase of 48 per cent, following a...

Bamboo-made fishing tools on verge of extinction in N-region

2007-07-23 00:00:00

Our CorrespondentNILPHAMARI, July 22: Fishing equipment made of bamboo are gradually disappearing from the rural areas of the northern region. This is due to scarcity of local fish in the entire region. This scarcity occurred due to indiscriminate use of...

DBBL donates Tk 0.5m to Nurture in Ctg

2007-07-23 00:00:00

FE ReportDutch-Bangla Bank Limited (DBBL) donated Tk 0.5 million to Nurture, a organisation working for disabled and paralysed people in Chittagong, to set up an orthopedic ward in their newly constructed hospital building. DBBL Managing Director Md Yeasin Ali handed...

Bancroft family prepare to decide Dow Jones' fate

2007-07-23 00:00:00

NEW YORK, July 22 (AFP): Members of the Bancroft family, who have controlled Dow Jones & Company since 1902, gather Monday to begin debating whether to sell the storied US media firm to Rupert Murdoch's News Corporation. Murdoch, a global...

Khasru joins Eastern Bank as EVP

2007-07-23 00:00:00

FE ReportMd Ehsan Khasru has joined Eastern Bank Ltd as executive vice president (EVP) and head of credit risk management, said a press release. Prior to this assignment, he served as the senior accounts manager (relationship management) at Royal Bank...

J and J Essential opts for banglalink

2007-07-23 00:00:00

FE ReportJ and J Essential Products Limited has become the corporate client of banglalink.In this connection, an "enterprise" package deal was signed between the two organisations in the city recently, said a press release.Chairman of the J and J Essential...

IBBL signs Instant Cash deal with Kuwait City Int'l Exchange

2007-07-23 00:00:00

FE ReportFrom now on the clients of Islami Bank Bangladesh Limited (IBBL) will be able to withdraw the money sent by the expatriates Bangladeshis living in Kuwait from any branch of the bank through instant cash without opening any account.In...

Citigroup's 2Q profit rises 18pc

2007-07-23 00:00:00

NEW YORK, July 22 (AP): Citigroup Inc. said Friday its second-quarter profit rose 18 per cent on strong overseas operations that led to record revenue for the biggest US bank. Rival Wachovia Corpora-tion also saw a double-digit jump in quarterly...

corporatewatch

2007-07-23 00:00:00

Fareast Islami Life Ins recommends 30pc cash, 10pc stock dividends The board of directors of Fareast Islami Life Insurance Company Limited has recommended 30 per cent cash and 10 per cent (one bonus share for every 10 shares) stock dividends...

Body of German recovered in Afghanistan

2007-07-23 00:00:00

KABUL, (Afghanistan) - Afghan villagers found the body of a German aid worker kidnapped in southern Afghanistan, a police chief said Sunday, while a delegation of South Korean officials arrived hours before a purported evening deadline set for 23 Korean...

No secret arms deal with Syria, says Iran

2007-07-23 00:00:00

TEHRAN, (Iran), July 22 (AFP): Iran's foreign ministry spokesman Sunday dismissed as a "media game" recent reports of a secret arms deal with Syria allegedly made in return for an agreement that Damascus would not hold peace talks with IsraelMohammad...

Thirteen militants killed, tribal elder beheaded

2007-07-23 00:00:00

MIRANSHAH, (Pakistan), July 22 (AFP): Pakistani troops killed 13 pro-Taliban militants in clashes near the Afghan border, while suspected rebels beheaded a government-supporting tribal elder, officials said Sunday. The extremist fighters had attempted to attack several check posts in the...

Easy for illegal immigrants to enter Malaysia: deputy PM

2007-07-23 00:00:00

KUALA LUMPUR, July 22 (AFP): Despite Malaysia's efforts, it is still easy for illegal immigrants to enter the country due to its long coastline, the deputy prime minister said Sunday. Najib Razak said the government would remain vigilant amid concerns...

Turkey holds divisive polls to end political crisis

2007-07-23 00:00:00

ANKARA, July 22 (AFP): Turks go to the polls Sunday for early legislative elections to end a crisis that has pitted the Islamist- rooted government against the secular establishment and called into question the role of religion in the Muslim-majority...

Iran bans half-mast flag to respect 'Allah' emblem

2007-07-23 00:00:00

TEHRAN, July 22 (AFP): Iran has banned the national flag from flying at half-mast during periods of mourning in order to show respect for the writing of Allah's (God's) name on the flag. The Iranian flag carries the words "la...

India's first woman president savours victory

2007-07-23 00:00:00

NEW DELHI, July 22(AFP):India's first female president, Pratibha Patil, savoured her election win today as supporters hailed the victory as significant for the cause of women in the South Asian nation. The 72-year-old lawyer defeated Vice President Bhairon Singh Shekhawat...

Philippine Islamic militants prepare for war

2007-07-23 00:00:00

MANILA, July 22(AFP): Muslim separatist rebels said today they were prepared to engage the Philippine military in an all-out war, saying they would not surrender those behind the deadly ambush of 14 Marines last week. Moro Islamic Liberation Front (MILF)...

news digest

2007-07-23 00:00:00

Two Palestinian activists killed in Gaza Strip GAZA CITY, July 22: Israeli troops early Sunday killed two Hamas activists on the northern border of the Gaza Strip, the armed wing of the Islamist movement announced. "Two of our fighters were...

Pietersen brilliance builds strong lead

2007-07-23 00:00:00

After a quiet few weeks, at least on the field, Kevin Pietersen burst back into form with his ninth century, and third of the season, as England built a commanding lead of 379 on the fourth day at Lord's. Pietersen...

BCB meeting takes a number of important decisions

2007-07-23 00:00:00

Belying all speculations that the Bangladesh Cricket Board members would resign en masse Saturday, the BCB executive committee instead held a productive meeting taking some important decisions, including the selection of a national coach by the first week of next...

Blake books final berth with win over Lee

2007-07-23 00:00:00

LOS ANGELES, Jul 22 (AFP): James Blake booked his finals berth at the 525,000-dollar ATP hardcourt tournament here Saturday with a three-set victory over South Korean Lee Hyung-Taik.Blake, the second-seeded American, shrugged off a shaky second set to post a...

South Korea topple Iran on penalties to reach semis

2007-07-23 00:00:00

KUALA LUMPUR, Jul 22 (AFP): South Korea won a gruelling and fluctuating epic 4-2 on penalties against Iran Sunday to set up an Asian Cup semi-final with Iraq.The shoot-out became the circuit-breaker after both teams had played themselves to a...

Chakvetadze outlasts Mirza to reach Cincinnati tennis final

2007-07-23 00:00:00

CINCINNATI (United States), Jul 22 (AFP): Top seed Anna Chakvetadze outlasted India's Sania Mirza 6-2, 5-7, 6-3 Saturday to reach the final of the 175,000-dollar WTA hardcourt tournament here.The Russian, ranked eighth in the world, had dropped just one set...

Australia learn harsh Asian lesson

2007-07-23 00:00:00

HANOI, Jul 22 (AFP): Australia and its highly paid European-based stars were hotly tipped to waltz through the Asian Cup on their debut appearance, but they learnt a hard lesson.Asia is not Europe and playing in the sprawling continent is...

African Nations Cup draw date changed

2007-07-23 00:00:00

CAIRO, Jul 22 (AFP): The 2008 African Nations Cup draw in Ghana has been moved forward one day to October 19, the organisers said Sunday.Accra will host the event with 16 qualifiers divided into four groups from which winners and...

Ferguson calls on Dong

2007-07-23 00:00:00

MACAU, Jul 22 (AFP): Dong Fangzhou will link-up with Manchester United's Asian tour party Sunday, but the China international has been told he will not be selected to face Shenzhen of Guangzhou Pharmaceutical.Dong, 22, missed the first-leg of their tour...

Vieira demands improvement in semi-finals

2007-07-23 00:00:00

BANGKOK, Jul 22 (AFP): Iraq's Brazilian coach Jorvan Vieira is far from happy despite his side cruising into the Asian Cup semi-finals with a 2-0 victory over Vietnam.People in Baghdad and other cities in the war-torn country may have been...

Garcia poised to finally claim a major

2007-07-23 00:00:00

CARNOUSTIE (Scotland), Jul 22 (AP): The cheers grew louder as Sergio Garcia crossed the bridge over Barry Burn toward the 18th green at Carnoustie, a reception so warm it gave him chills. He removed his cap in a steady rain...

Holders BJMC, runners-up Bangladesh Ansar reach final

2007-07-23 00:00:00

Holders BJMC and runners-up Bangladesh Ansar & VDP again reached the final of the Basic Bank 18th National Women's Handball Champio-nship eliminating their rivals in the semi-finals at the Outer Stadium Handball court Sunday, reports UNB.The two giants of the...

Myanmar deputy minister in city to talk trade

2007-07-23 00:00:00

Myanmar's Deputy Minister for Foreign Affairs U Kyaw Thu arrived in the city Sunday, reports bdnews24.com. He is leading a four-member delegation to discuss trade and other issues with Bangladesh. The deputy minister landed at the Zia International Airport (ZIA)...