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BASIC Bank holds workshop

2007-12-12 00:00:00

FE ReportBASIC Bank Limited organised a workshop on UCP-600 at its training centre in the city recently. Managing Director of the bank AH Ekbal Hossain and Deputy Managing Director Md Mossadiqur Rahman were present as the chief gust and the...

European shares decline

2007-12-12 00:00:00

Traders at the Frankfurt Stock Exchange. Europe's top equity markets have slipped as banking shares lost further ground amid the subprime lending crisis and as investors positioned themselves before a key US interest-rate call. Europe's top equity markets dropped Tuesday,...

Asian markets mostly higher

2007-12-12 00:00:00

BANGKOK (Thailand), Dec 11 (AP): Most Asian stock markets rose Tuesday in anticipation that an expected US interest rate cut later in the day will help ease the pressure on the US economy, a major export market.Japan's benchmark stock index...

corporatewatch

2007-12-12 00:00:00

Dutch Bangla Bank to increaseauthorised capitalThe board of directors of Dutch Bangla Bank Limited has decided to increase its authorised capital from Tk 400 million to Tk 4.0 billion subject to the approval of the Bangladesh Bank.Ashraf Textile incurs Tk...

Poll shows more in US see progress in Iraq

2007-12-12 00:00:00

WASHINGTON, Dec 11 (AP): Growing numbers of people think the United States (US) is making progress in Iraq and will eventually be able to claim some success there, a poll showed Tuesday in a sign the politics of the war...

Voting begins in Gujarat after vitriolic campaign

2007-12-12 00:00:00

SURENDRANAGAR, India, Dec 11 (Reuters): Hundreds of thousands of people began voting in India's western state of Gujarat Tuesday in an election that was supposed to be about a booming economy but turned into a war of words over Hindu-Muslim...

Battle over emissions at climate meeting

2007-12-12 00:00:00

BALI, Indonesia, Dec 11 (AP): The battle over whether to include greenhouse gas emissions targets in the 'roadmap' for a new climate accord intensified Tuesday, with the Europeans and environmentalists clamoring for the targets against opposition by the US and...

Afghan, NATO troops close to capturing Taliban town

2007-12-12 00:00:00

KABUL, Dec 11 (Reuters): Afghan and North Atlantic Treaty Organisation (NATO) were close to fully capturing the Taliban stronghold of Musa Qala Tuesday, but there was still a threat from isolated insurgent fighters and bomb attacks, a British army spokesman...

Hillary was always the one: Clinton

2007-12-12 00:00:00

AMES, Iowa, Dec 11 (AP): Campaigning for his wife, former President Clinton says that when they were starting out he was so struck by her intellect and ability he once suggested she should just dump him and jump into her...

Sticking with sleep apnea treatment cuts BP

2007-12-12 00:00:00

NEW YORK, Dec 11 (Reuters): New research suggests that people who suffer from the nighttime breathing disorder, obstructive sleep apnea, who also have high blood pressure could benefit from good compliance with continuous positive airway pressure (CPAP) treatment. Obstructive sleep...

Koreas begin cargo train service

2007-12-12 00:00:00

DORASAN STATION, South Korea, Dec 11 (AP): North and South Korea began regular freight train service across their heavily armed border Tuesday for the first time in more than a half century, in another symbolic step in their reconciliation. The...

Iraq rejects permanent US bases

2007-12-12 00:00:00

BAGHDAD, Dec 11 (Reuters): Iraq will never allow the United States (US) to keep permanent military bases on its soil, the government's national security adviser has said. "We need the United States in our war against terrorism, we need them...

SC upholds HC ruling

2007-12-12 00:00:00

Declaring void the appeal filed by Abu Safa, the Supreme Court (SC) upheld Tuesday the High Court (HC) ruling that made mandatory for candidates of Jatiya Sangsad (JS) elections to make personal information public.A full hierarchy of the Supreme Court...

LDP for banning war criminals in polls

2007-12-12 00:00:00

The Liberal Democratic Party (LDP) Chairman Oli Ahmed has requested the Election Commission (EC) to declare the timeframe for general elections without delay and bar war criminals from running. In the electoral reforms dialogue Tuesday, the LDP chief said the...

AL decides not to join President's programmes

2007-12-12 00:00:00

The Awami League (AL) has decided not to attend the President's Victory Day and Eid-ul Azha programmes."It has been decided at our central working committee meeting that we will not go to the Bangabhaban to join the functions," AL presidium...

Verdict today

2007-12-12 00:00:00

RAJSHAHI, Dec 11 (UNB): A Speedy Trial Tribunal will deliver verdict here Wednesday in the case against 14 persons, including two Rajshahi University (RU) teachers, for torching a DGFI vehicle amid campus violence. Additional Chief Metropolitan Magistrate Ruhul Amin will...

DU students form human chain

2007-12-12 00:00:00

DU CorrespondentA group of students of Dhaka University (DU) Tuesday formed a human chain on the campus demanding immediate release of the university's teachers and students detained in connection with August 20-22 incident along with withdrawal of the cases filed...

Donations for cyclone victims

2007-12-12 00:00:00

Grameenphone's majority shareholder, Telenor ASA's subsidiaries in Denmark and Pakistan, has donated Tk 2 million for the rehabilitation of Sidr victims in Bangladesh, reports UNB.Employees of Telenor's subsidiary Sonofon have donated Tk one million to Grameenphone's fund for the rehabilitation...

Sixteen persons killed in separate incidents

2007-12-12 00:00:00

Sixteen persons were killed and many others injured in separate incidents in different places of the country during the last two days, report agencies.In Narsingdi, three people including a train driver and a notorious robber leader were killed in separate...

Coefficient Design and Dev Ltd

2007-12-12 00:00:00

The inaugural ceremony of the office of the Coefficient Design and Developments Ltd. will be held today (Wednesday) at 1.30pm at its office at Ananda Dhara, House # 29/A, Road # 11, Dhanmondi in the city. —FE Report.

Sharma shines as draw approaches

2007-12-12 00:00:00

India's 19-year-old prodigy Ishant Sharma impressed with 5-118 as India and Pakistan looked poised to draw the third and final Test in Bangalore, reports BBC. Sharma, a 6 feet 4 inches right-arm seamer from Delhi playing his second Test, wrapped...

Mahela puts Lankans on top

2007-12-12 00:00:00

Mahela Jayawardene became the first Sri Lankan to score 7,000 Test runs as his team closed day three of the second Test 28 runs ahead of England on 379-4, reports BBC. Sri Lanka began on 105-2 but skipper Jayawardene shared...

Aussies crush Kiwis in T20

2007-12-12 00:00:00

A muscular Andrew Symonds knock and some searing pace bowling helped Australia to a 54-run victory over New Zealand in a Twenty20 international. Symonds clubbed 85 not out off just 46 balls as Australia hit 186-6 in the day-nighter at...

Victory Day top five volleyball tourney begins today

2007-12-12 00:00:00

The Victory Day Top-Five Volleyball Tournament, organised by the Bangladesh Volleyball Federation (BVF), will begin today (Wednesday) at the Dhaka Volleyball Stadium, reports UNB.BVF President Golam Quddus Chowdhury Babu will inaugurate the six-day tournament to be participated by Bangladesh Army,...

GM Rakib finishes 9th

2007-12-12 00:00:00

Bangladesh Grand Master (GM) Abdullah Al Rakib finished ninth in the Commonwealth Chess Championship with 7.5 points beating Indian WGM Nisha Mohota in the 10th and last round match held in New Delhi Tuesday, reports UNB.

HC clears SEC way to revamp junk issues

2007-12-12 00:00:00

FE ReportA division bench of the High Court (HC) has vacated the stay order on the Securities and Exchange Commission's move to reconstitute the board of directors of Z-category companies, the worst performing issues in the stock market, to help...

NGOs agree to suspend loan recovery in cyclone-hit areas

2007-12-12 00:00:00

FE Report The country's non-governmental organisations (NGOs) have agreed to suspend their loan recovery drive for three to six months in the cyclone-hit coastal districts to help their borrowers there to overcome financial difficulties.The consensus was reached at a meeting...

Hamidur finally laid to rest in homeland

2007-12-12 00:00:00

Liberation War hero Birshreshtho Hamidur Rahman was Tuesday finally laid to eternal rest with highest state honors in his independent homeland, for which he died 36 years ago, reports UNB.Before the burial, the nation paid last respects to the independence...

Rupali divestment move encounters new troubles

2007-12-12 00:00:00

Shamsul Huq Zahid The bid to divest the largely state-owned Rupali Bank now has become a possible source of embarrassment for the government. Saudi Prince Bandar Bin Mohammed Abdulrahman Al-Saud, who was the highest bidder for the government's stake (nearly...

Govt officials to submit wealth statement after every 5 years

2007-12-12 00:00:00

Shakhawat Hossain The government has made it mandatory for its officials and employees to provide their wealth statements on appointment and every five-year thereafter by yearend (December) to their respective ministries, departments and directorates.Instructed by the President, the ministry of...