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Weaving industry facing closure in B'baria

2007-08-08 00:00:00

Our CorrespondentBRAHMANBARIA, August 7: The age-old traditional weaving units at Bancharampur and Nabinagar upazilas of the district are now on the verge of closure due to price hike of yarn, lack of capital, unstable market situation and smuggling of Indian...

Over Tk 155m revenue realised

2007-08-08 00:00:00

Our Correspondent BRAHMANBARIA, Aug 07: Tax commission (Ashuganj and Brahmanbaria circle) of the district realised a record revenue of more than Tk 155 million (155,569,196) in the fiscal 2006-2007.Brahmanbaria and Ashuganj circle of the commission comprises Kasba, Akhaura, Sarail, Sadar,...

PKSF signs MoU with PAB for poverty alleviation

2007-08-08 00:00:00

FE ReportPalli Karma-Sahayak Foundation (PKSF) signed a Memorandum of Understanding (MoU) with Practical Action Bangladesh (PAB) to cooperate with each other in the field of poverty alleviation and economic development of the country. PKSF General Manager (Administration) MA Hakim and...

IBBL distributes relief in Manikganj

2007-08-08 00:00:00

FE ReportIslami Bank Bangladesh Limited (IBBL) Manikganj branch conducted a relief distribution programme in different areas of Manikganj district Monday.IBBL Chairman Abu Nasser Muhammad Abduz Zaher inaugurated the relief distribution programme.Executive Vice President of the bank Md Abul Bashar and...

Lanka-Bangla co to invest $7.845m in two units at Karnaphuli EPZ

2007-08-08 00:00:00

Sri Lanka and Bangladesh will establish two industrial units in Karnaphuli Export Processing Zone (KEPZ) with an investment of US$ 7.845 million, reports UNB. The two joint venture plants will be known as M/s Shore to Shore (Bangladesh) Ltd and...

IFC-BEI seminar promotes contest to help control costs, reduce poverty

2007-08-08 00:00:00

FE Report IFC Bangladesh Investment Climate Fund and Bangladesh Enterprise Institute (BEI) Monday held a seminar on 'competition policy to highlight best practices and identify potential sectors in Bangladesh for assessment'. The seminar will support the government's efforts to form...

Banks' donations for flood-hit people

2007-08-08 00:00:00

FE ReportJanata Bank: Janata Bank decided Tuesday to donate its employees' one day's salary amounting to Tk 4.0 million (40 lakh) for the flood-affected people of the country.A cheque of Tk 4.0 million will be credited to the Chief Adviser's...

DU VC asks students to help expand tourism

2007-08-08 00:00:00

Vice-Chancellor (VC) of Dhaka University (DU) Professor SMA Fayez today asked the students to take more initiatives to help expand and develop the tourism sector in the country, reports BSS.The VC said this while addressing as the chief guest the...

ICB declares NAV of eight mutual funds

2007-08-08 00:00:00

FE ReportThe Investment Corporation of Bangladesh (ICB) has declared the Net Asset Value (NAV) of its eight mutual funds.The NAV of the ICB's eight mutual funds certificates based on market prices at close of operation on June 28, 2007 were...

BKB holds 440th board meeting

2007-08-08 00:00:00

FE Report The 440th meeting of the board of directors of Bangladesh Krishi Bank (BKB) was held at its head office in the city Tuesday. BKB Chairman SA Chowdhury presided over the meeting. Members of the board of directors, managing...

AIBL holds 2-day training course

2007-08-08 00:00:00

FE Report Al-Arafah Islami Bank Limited (AIBL) organised a two-day training course on 'Verification of ownership of Landed Properties, Documentation, Civil and Criminal Case' for its officers at the AIBL Training and Research Academy in the city recently. AIBL Chairman...

PKSF’s special fund for TMSS

2007-08-08 00:00:00

The Palli Karma-Sahayak Foundation (PKSF), has recently launched a special fund titled 'Learning and Innovation Fund to Test New Ideas (LIFT)' to trigger innovations in the microfinance sector to make the microcredit programme more dynamic, productive and more poor friendly.Under...

IPO diary

2007-08-08 00:00:00

City General Insurance Company Limited Nature of Business: General Insurance Subscription Open: Aug 19 2007Subscription Close: Aug 23 2007 Offer Price (Tk.): 100.00 Market lot (Share): 50 Public Offer (Share): 900,000 Sponsors Portion (Share): 600.000 Private Placement (Share): Total Paid...

corporatewatch

2007-08-08 00:00:00

Purchase/ sale of director's sharesSquare Pharma: Ratna Patra, one of the sponsors of Square Pharmaceuticals Limited, has stated her willingness to transfer 14,878 shares out of her total holdings of 269,646 shares of the company to Anjan Chowdhury, another sponsor...

Taliban weigh hostage fate after Bush and Karzai meet

2007-08-08 00:00:00

KABUL, Aug 7 (Reuters): Taliban leaders are deciding what to do with 21 Korean hostages after Afghan President Hamid Karzai and US President George Bush ruled out making any concessions to free them, one of the kidnappers said Tuesday. "We...

Abbas sounds optimistic note after Olmert talks

2007-08-08 00:00:00

RAMALLAH, Aug 7 (Reuters): President Mahmoud Abbas promised Palestinians Tuesday their lives would improve as a result of his talks this week with Israeli Prime Minister Ehud Olmert. "Many issues which affect the Palestinians in their day-to- day lives will...

Pakistan forces destroy militant hideout

2007-08-08 00:00:00

MIRAN SHAH, Aug 7 (A): Helicopter gunships and artillery Tuesday bombarded two militant hideouts that had been used to launch attacks on security forces in a troubled tribal region near the Afghan border, the Pakistani army said. Spokesman Maj. Gen....

Angry mobs rampage in ETimor over new PM

2007-08-08 00:00:00

DILI, Aug 7 (AFP): Mobs ran amok in East Timor's capital Dili and other towns Tuesday to protest the naming of independence hero Xanana Gusmao as prime minister, as the former ruling party vowed to fight the move in court....

Abe gets tearful as opposition takes upper house

2007-08-08 00:00:00

TOKYO, Aug 7 (AFP): Japanese Prime Minister Shinzo Abe was publicly urged to resign Tuesday by members of his own party as the opposition took the helm of the upper house of parliament for the first time. Abe's Liberal Democratic...

Iraqis suffer as Maliki govt paralysed

2007-08-08 00:00:00

BAGHDAD, Aug 7 (AFP): As Iraqis queue forlornly for food and water, or swelter in homes and hospitals wihout electricity, Prime Minister Nuri al-Maliki's coalition government is collapsing around him, analysts told the news agency Tuesday. The latest boycott --...

India briefs Japan on US nuclear deal

2007-08-08 00:00:00

TOKYO, Aug 7 (AFP): India Tuesday briefed Japanese leaders on its landmark nuclear cooperation deal with the United States, as Tokyo remained non-committal on whether it would support the controversial pact. The deal, which would bring India out of decades...

Envoys debate aid for N Korea in "historic" meeting

2007-08-08 00:00:00

PANMUNJOM, South Korea, Aug 7 (AFP): Envoys from six nations gathered Tuesday at the border truce village of Panmunjom to discuss the next steps in North Korea's denuclearisation, in what South Korea termed a historic meeting. "We are making history...

British foot and mouth outbreak spreads

2007-08-08 00:00:00

GUILDFORD (Reuters) - Britain confirmed a second outbreak of foot and mouth disease in a herd of cattle in southern England Tuesday, raising fears the highly damaging animal disease may spread. The owner of the first farm where the disease...

Dhaka, Delhi agree to fight terrorism, extremism jointly

2007-08-08 00:00:00

Bangladesh and India have reached a consensus on increased cooperation to combat terrorism and extremism, the Home Ministry stated in a statement issued in the city Tuesday, reports bdnews24.com.They reached the consensus during the home secretary-level meeting of the two...

Hasina's wealth statement to be submitted today

2007-08-08 00:00:00

Detained Awami League (AL) President Sheikh Hasina is likely to show assets worth about Tk 20 million in her wealth statement to be submitted to the Anti-corruption Commission (ACC) today (Wednesday), reports UNB.The former Prime Minister, who was detained on...

SC starts proceedings of Bangabandhu murder case

2007-08-08 00:00:00

The Supreme Court (SC) ended Tuesday the first day's proceedings of the Bangabandhu murder case that was started after a pause of more than five years. The court further continues the proceedings today (Wednesday), reports bdnews24.com. The Appellate Division started...

Air Chief meets President

2007-08-08 00:00:00

Air Chief SM Ziaur Rahman made a courtesy call on President Iajuddin Ahmed at Bangabhaban in the city Tuesday, reports UNB.The Air Chief apprised the President, also the Supreme Commander of the Armed Forces, of various issues relating to Bangladesh...

DIG (prisons) visits Wazed Miah

2007-08-08 00:00:00

Deputy Inspector General (DIG) of prisons Shamsul Haider Siddiqi went to visit Wazed Miah late Monday in the city's Square Hospital. Miah has been suffering from multiple complications. He went to visit Miah on request from the nuclear scientist's wife...

Another case against Dulu, 27 others filed

2007-08-08 00:00:00

NATORE, Aug 7 (UNB): Another case was filed against former deputy minister for land Ruhul Kuddus Talukder Dulu and 27 others today (Tuesday) on charges of patronising Islamic militants, extortion and looting.Munser Ali of Mominpur village in Naldanga police station...

Panesar wary of the burden of pressure

2007-08-08 00:00:00

Monty Panesar defended England's behaviour in the second Test defeat to India at Trent Bridge last week, saying the tense game was still played in the right spirit, according to website cricinfo. Panesar was speaking ahead of the final Test...