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Egypt wants a bite of Indian call centre market

2007-08-06 00:00:00

CAIRO, Aug 5 (AFP): Egypt has set its sights on grabbing a share of the multi-billion dollar Indian-dominated call centre market and is looking to an unexpected corner for a helping hand-India. As it makes its pitch to the world,...

Rio Tinto eyes billion-dollar smelting plant in Malaysia

2007-08-06 00:00:00

KUALA LUMPUR, Aug 5 (AFP): Anglo-Australian mining giant Rio Tinto and a Malaysian firm are to undertake a joint study to build what could be one of the world's biggest aluminum smelters, a source said today. Under an agreement expected...

Prime Bank officials urged to mitigate stress thru' time management

2007-08-06 00:00:00

FE ReportSenior executives of Prime Bank Limited (PBL) have been urged to mitigate the stressful situations during their banking activities through time management. PBL Managing Director M Shahjahan Bhuiyan gave the directive while inaugurating a daylong workshop on "time management...

IBBL distributes relief goods among flood victims

2007-08-06 00:00:00

FE Report Islami Bank Bangladesh Limited (IBBL) and Islami Bank Foundation jointly distributed relief goods including foods and cloths at Sariakandi, Sonatola and Dhunat of Bogra district, Sirajganj, Fulsori of Gaibandha, Bera Upazila of Pabna, Belkuchi, Kamarkhand and Enayetpur among...

Scarcity of LPG makes Ctg consumers worst sufferers

2007-08-06 00:00:00

Our CorrespondentCHITTAGONG, Aug 5: The marketing companies of Bangladesh Petroleum Corporation (BPC) are not supplying adequate liquefied petroleum gas (LPG) to the Chittagong-based dealers for around a month in spite of its acute crisis in the region.On the other hand,...

BRAC launches Tk 200m flood relief operations

2007-08-06 00:00:00

FE ReportBRAC, one of the largest non-government organisations of the country, has started its massive relief operations in all the flood-affected regions of the country. BRAC staff are already engaged in distributing relief materials and extending succour at around 100...

Midas organises training course on Aug 19-23

2007-08-06 00:00:00

FE Report Midas has organised a training course titled 'Start Your Own Business' at its head office in the city on August 19-23 from 2:00-6:00 pm everyday. The course has been designed on a German model called Competency-based Economies through...

Govt borrows Tk 8.0b thru' treasury bills

2007-08-06 00:00:00

FE Report The government borrowed Tk 8.00 billion (800 crore) Sunday through auctions of treasury bills. It will result in withdrawal of Tk 8.00 billion from the market in the week.The central bank conducted auctions of 28-day, 91-day and 182-day...

BKB holds Dhaka div managers' conference

2007-08-06 00:00:00

FE ReportBangladesh Krishi Bank (BKB) held a conference of regional managers, corporate branch managers, regional audit officers, city and district branch managers of Dhaka division Sunday.BKB General Manager of Dhaka division Azir Uddin Ahmed presided over the programme. Chairman of...

Local cos start cement export to Indian market

2007-08-06 00:00:00

Bangladeshi cement companies have started to take advantage of a recent revision in export duty tariffs by the Indian government, reports bdnews24.com. The change, which applies only to cement exports, will go some way to meet the rising demand for...

Asian stocks extend weekly decline

2007-08-06 00:00:00

SINGAPORE, Aug 5 (Bloomberg): Asian stocks fell for a second week, led by Macquarie Bank Ltd. and Taiwan Life Insurance Co., on concern the US subprime loans crisis is spreading to the region's financial companies. Macquarie Bank, Australia's largest securities...

Premier Bank holds monthly managers' confce

2007-08-06 00:00:00

FE Report The monthly managers' conference of the Premier Bank Limited (PBL) was held at its head office in the city Saturday. Chaired by PBL Managing Director Abu Haniff Khan, the conference was attended, among others, by PBL additional managing...

Nadeem Dhaka Insurance's new DMD

2007-08-06 00:00:00

FE ReportKhawja Manzer Nadeem has been promoted to the post of deputy managing director of Dhaka Insurance Ltd recently. He was the senior general manager of the company prior to the promotion.Nadeem joined Dhaka Insurance Ltd, formerly the Loyeds Insurance...

Lufthansa German Airlines offers new business class

2007-08-06 00:00:00

Lufthansa is growing and enhancing products from and to the Gulf region. Lufthansa offers three times a week flights to Frankfurt via Doha for its Oman passengers, reports Internet. The routes are operated using the Airbus A340-300 offering a three-class...

ASE Test announces second quarter results

2007-08-06 00:00:00

TAIPEI, Aug. 5 (Xinhua): ASE Test Limited ("We" or "the Company"), one of the world's largest independent providers of semiconductor testing services, today announced its second quarter (2Q07) diluted earnings of $0.03 per share, compared with diluted earnings of $0.53...

IPO diary

2007-08-06 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

2007-08-06 00:00:00

Recommendation of dividend/no dividendUCBL: The board of directors of United Commercial Bank Limited (UCBL) has recommended 30 per cent stock dividend (three bonus shares for every 10 shares) for its shareholders for the year 2001. The board of directors has...

Karzai, Bush to meet amid ROK hostage standoff

2007-08-06 00:00:00

GHAZNI, Aug 5 (AFP): South Korea said Sunday it hoped a meeting between the Afghan and US presidents could break the apparent deadlock in negotiations for the release of 21 aid workers held hostage by the Taliban. President Hamid Karzai...

Opposition leader demands Musharraf quit

2007-08-06 00:00:00

LAHORE, Aug 5 (AP): An outspoken Pakistani opposition leader Sunday demanded that President Gen. Pervez Musharraf step down so upcoming elections could be held free of his military government's interference. Javed Hashmi, the acting leader of exiled former Prime Minister...

Rival camps fight key Lebanon by-elections

2007-08-06 00:00:00

BIKFAYA, Aug 5 (AFP): Voters in Lebanon cast their ballots Sunday amid tight security in crucial by-elections seen as a test for the country's divided Christian parties ahead of a presidential poll. Voting is taking place in Beirut and the...

Lab likely source of UK foot-and-mouth

2007-08-06 00:00:00

LONDON, Aug 5 (AP): Hopes rose Sunday that a potentially disastrous foot-and-mouth outbreak in Britain could be contained, as scientists grew increasingly suspicious that the disease came from a government animal laboratory near the infected farm. The agriculture department said...

Rains compound India's monsoon misery

2007-08-06 00:00:00

BARABANKI, Aug 5 (AP): Torrential rains overnight compounded the misery of 2 million marooned Indian villagers, killing another 11 people and raising the death toll from house collapses and floods in South Asia to 240, officials said Sunday. Helicopters have...

Iran may consider American's request

2007-08-06 00:00:00

TEHRAN, Aug 5 (AP): Iran's Foreign Ministry said Sunday it would consider allowing the wife of an American man who vanished in Iran earlier this year to visit the Islamic country to search for him. "The request has not officially...

Top UN official to visit Sri Lanka as conflict deepens

2007-08-06 00:00:00

COLOMBO, Aug 5(AFP): A top UN official is scheduled to arrive in Sri Lanka this week to discuss the island's deepening Tamil separatist conflict and the plight of civilians caught in the crossfire, officials said today. John Holmes, the under-secretary-general...

Russians mark anniversary of Stalin's purges

2007-08-06 00:00:00

MEDVEZHEGORSK, Aug 5 (AFP): Relatives of the victims of Stalin's purges held a ceremony Sunday at an execution site in a Russian forest on the 70th anniversary of the start of the mass killings. Dozens of family members were joined...

China bans crude birth control slogans

2007-08-06 00:00:00

BEIJING, Aug 5 (AP): China's top family planning agency has cracked down on crude and insensitive slogans used by rural authorities to enforce the country's strict population limits, state media said Sunday. Slogans such as 'Raise fewer babies but more...

US soldier gets 110 years in rape, killing of Iraqi girl

2007-08-06 00:00:00

WASHINGTON, Aug 5 (AFP): A US soldier was sentenced Saturday to 110 years in jail for raping and killing a 14-year-old Iraqi girl and slaying her family, the army said. "Private First Class Jesse Spielman was sentenced to 110 years...

DPRK executes 'slogan tree' smuggler

2007-08-06 00:00:00

SEOUL, Aug 5 (AFP): North Korea has publicly executed a trade official for chopping down and smuggling cherished "slogan trees" on which founding leader Kim Il- Sung reputedly carved anti-Japanese messages, a report said today. Senior local timber trader Oh...

Abe to reshuffle cabinet on Aug 27

2007-08-06 00:00:00

TOKYO, Aug 5 (AFP): Japanese Prime Minister Shinzo Abe plans to reshuffle his cabinet on August 27 to secure an extension of the navy's support mission for Afghanistan following last month's election defeat, reports said Sunday. Abe will reshuffle the...

Students urged to make efforts to understand social issues

2007-08-06 00:00:00

The five-day 'Mutual Trust Bank-The Daily Star Debate Contest 2007' ended in the port city recently with a call for students to extend their horizon beyond academic studies and make efforts to understand social issues, says a press release. The...