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Egypt talks with Iran over possible wheat imports

2007-12-03 00:00:00

CAIRO, Dec 2 (Reuters): Egypt has held talks with Iran over the possibility of importing Iranian wheat, and hopes to see a new phase in economic relations with its old foe, the Egyptian trade ministry said yesterday. Egypt and Iran...

Pak tea firm looks for partners in India

2007-12-03 00:00:00

KOLKATA, Dec 2 (Commodity Online): Pakistan and India are doing some confidence building measures in the tea front. As part of this, Pakistan's Tapal Tea group is scouting for a partner in India to enter into strategic alliance. The company...

RRC to submit its first reform proposal to CA today

2007-12-03 00:00:00

The Regulatory Reforms Commission (RRC) would submit two recommendations to Chief Adviser Dr Fakhruddin Ahmed today (Monday) as part of its efforts to guide the government to update the old regulations, reports UNB.One of the recommendations is to disseminate information...

MTB opens 27th branch in city

2007-12-03 00:00:00

FE ReportMutual Trust Bank Ltd (MTB) has opened its 27th branch at Dholaikhal in the city recently. Managing Director of MTB Kazi Md Shafiqur Rahman formally inaugurated the branch. Speaking on the occasion, Rahman stressed the need of maintaining good...

DHL wins regional award for Flu preparedness handbook

2007-12-03 00:00:00

FE ReportDHL, the world's leading express and logistics company, won the top award for 'corporate publications' at the 'Asia-Pacific PR Awards' for its pioneering employee publication -- 'Be Informed - Be Prepared: DHL Employee Flu Pandemic Preparedness Handbook.The certificate of...

Khaled re-elected DCCI president

2007-12-03 00:00:00

FE ReportHossain Khaled has been re-elected as the president of the Dhaka Chamber of Commerce and Industry (DCCI) for the term of 2008.Salahuddin Abdullah and Khandaker Shahidul Islam have been elected respectively as the senior vice president and vice president...

Popularise derivative products: CSE

2007-12-03 00:00:00

FE ReportChittagong Stock Exchange (CSE) President Nasiruddin Ahmed Chowdhury urged the journalist community to educate general investors on the derivative products.The CSE president made the observation after inaugurating a seminar organised by the CSE for the local journalist community at...

ICB AMCL declares NAV of two unit funds

2007-12-03 00:00:00

FE ReportThe Asset Management Company Limited (AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), has declared net asset values (NAV) of its two unit funds.The total NAV of ICB AMCL Unit Fund stood at Tk 460,890,299.93 on the basis...

AB Bank, Networld B'desh, Euronet sign EFT deal

2007-12-03 00:00:00

FE ReportAB Bank Ltd, Networld Bangladesh Ltd and Euronet Worldwide Inc, a NASDAQ-listed company's subsidiary that provides EFT services, signed a joint-venture agreement in the city recently.Under the deal, a joint-venture company will be set up to provide an electronic...

DBL holds discussion meet at Bogra

2007-12-03 00:00:00

Our correspondentBOGRA, Dec 2: A discussion meeting of Dhaka Bank Limited (DBL) was held at Bogra recently.DBL Managing Director Shahed Noman was present as the chief guest at the discussion while its managers and officials of the branches were present...

BCIC allocates 259.866 tonnes of urea in December

2007-12-03 00:00:00

FE ReportBangladesh Chemical Industries Corporation (BCIC) has allocated 259,866 tonnes of urea fertiliser for distribution among the farmers during the current month, said a press release.Besides, district fertiliser and seed-monitoring committees have been requested to supervise the quick withdrawal, transportation...

Adviser for enhancing competitiveness of local sugar

2007-12-03 00:00:00

DINAJPUR, Dec 2 (BSS): Industries Adviser Geeti Ara Safiya Chowdhury suggested the state-owned sugar mills Saturday to increase output and cut production costs to survive the competition with imported sugar. Every industry will have to survive through competition in the...

NCC Bank opens 51st branch at Comilla

2007-12-03 00:00:00

FE ReportNCC Bank Ltd opened the 51st branch of the bank with online facility at Comilla recently.Chairman of the bank Tofazzal Hossain formally inaugurated the branch as the chief guest.Managing Director (MD) Md Nurul Amin presided over the inaugural programme,...

Scope of boosting Dhaka-Yunan trade, cultural ties seen wider

2007-12-03 00:00:00

Our CorrespondentCHITTAGONG, Dec 01: Lu Beng Jeng, Vice-Chairman of the Yunan Provincial People's Congress, said here Friday that wide-ranging possibilities were there to enhance trading, educational, cultural and tourism relations between Bangladesh and Yunan Province of China because of their...

MRDI launches PR handbook for corporate sector

2007-12-03 00:00:00

FE ReportThe Management and Resources Development Initiative (MRDI) in partnership with Manusher Jonno Foundation launched the 'Public Relations (PR) Handbook' at a programme in the city Saturday.The handbook was designed for the PR practitioners to help develop their skills and...

Oriental Bank holds branch managers' meet

2007-12-03 00:00:00

FE ReportAn emergency meeting of the Dhaka city branch managers of Oriental Bank Limited was held at its head office in the city recently.Managing Director of the bank Md Asaduzzaman Khan presided over the meeting. Speaking on the occasion he...

Berger accolades young artists

2007-12-03 00:00:00

FE ReportThe 12th 'Berger Young Painters' Art Competition' prize giving ceremony was held at the Bangladesh-China Friendship Conference Centre in the city recently. Berger Paints Bangladesh Limited Managing Director Masih Ul Karim delivered the welcome speech at the function. He...

Holcim holds masons’ meets in Ctg

2007-12-03 00:00:00

FE ReportHolcim, a leading cement manufacturer of the country, recently started marketing its product Holcim cement in the port city of Chittagong and adjoining areas.Holcim, the Swiss based company, entered the country in 2000. It had been marketing cement throughout...

Asian stocks rise as investors wary of Fed move

2007-12-03 00:00:00

Asian stocks rose last week, trimming the regional benchmark's biggest monthly decline in 1 1/2 years, as investors bet the US Federal Reserve will lower borrowing costs to bolster growth in the world's largest economy, according to report release on...

corporatewatch

2007-12-03 00:00:00

Daffodil Computers earnsTk 12.06m net profit Daffodil Computers Limited earned a net profit of Tk 12.06 million in the year that ended on June 30, 2007. The earnings per share (EPS) of the company stood at Tk 0.69.Engineers Ltd recommends25pc...

Major powers to seek bans against Tehran

2007-12-03 00:00:00

PARIS, Dec 2 (AFP): The six powers dealing with Iran's contested nuclear programme will start work on a resolution calling for new sanctions against Iran at the United Nations Security Council (UNSC), a French diplomatic source said Saturday after a...

Pakistan polls boycott would help Musharraf : Bhutto

2007-12-03 00:00:00

PESHAWAR, Dec 02 (AFP): Former Pakistan prime minister Benazir Bhutto said Sunday an opposition boycott of upcoming polls would only help President Pervez Musharraf legitimise his imposition of emergency rule. Bhutto said she would meet early next week with former...

Russia begins voting for new parliament

2007-12-03 00:00:00

MOSCOW, Dec 02 (AP): Russia began voting Sunday in a parliamentary election where the only question is whether President Vladimir Putin's party will win merely a strong majority of seats or a gargantuan, crushing share.The election follows months of increasingly...

China cheers first Miss World title

2007-12-03 00:00:00

BEIJING, Dec 02 (Reuters): China gave a cheer to its first Miss World Sunday, with Internet chat rooms filled with praise for the 23-year-old beauty queen. Zhang Zilin, a Beijing secretary who was born in the gritty northern industrial city...

US Democrats differ on Cuba at Iowa debate

2007-12-03 00:00:00

DES MOINES, Iowa, Dec 2 (Reuters): Hillary Clinton, Barack Obama and other Democratic presidential candidates disagreed Saturday during a debate in Iowa on whether the United States (US) should immediately end a 4-decade-old embargo on Cuba. At a 'black and...

UN appreciates Bangladesh's contribution to peacekeeping

2007-12-03 00:00:00

Assistant Secretary General of United Nations (UN) Jane Holl Lute 'highly appreciated' the contribution of Bangladesh in UN peacekeeping missions, reports UNB.Jane Holl Lute, Officer in Charge of the Department of Field Support created recently at the UN, made the...

AL for nat'l unity to tackle post-cyclone situation, wants Hasina's release

2007-12-03 00:00:00

Awami League (AL) Sunday urged the caretaker government (CG) to forge a national unity by freeing detained party president Sheikh Hasina to overcome the 'worst situation' caused by the November 15 cyclone in the country, reports UNB."Only state efforts are...

HC issues rule on govt over detention of Tarique, Hannan

2007-12-03 00:00:00

The High Court (HC) Sunday issued rule asking the government to explain why the orders of detention against Tarique Rahman, senior joint secretary general of BNP, and detained party chairperson Khaleda Zia's adviser Brig Gen (retd) ASM Hannan Shah should...

Saifur's daughter-in-law sent to jail on surrender

2007-12-03 00:00:00

A Dhaka court Sunday ordered Rejina Naser, wife of detained BNP leader Naser Rahman, to jail pending trial in a corruption case after she turned herself in to the court, reports bdnews24.com. Naser is the son of former finance minister...

'Shady force' responsible for BNP split: Gayeshwar

2007-12-03 00:00:00

BNP joint secretary general Gayeshwar Chandra Roy said that 'a shady force' had temporarily split apart the party's senior leaders but that their souls were united, reports bdnews24.com.