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BSTI fines eight electronic shop owners Tk 97,000

2007-07-27 00:00:00

RAJSHAHI, Jul 26 (BSS): A mobile court of the Bangladesh Standards and Testing Institution (BSTI) fined eight dishonest electronic shop owners Tk 97,000 in the city Wednesday.According to BSTI sources, as part of the frequent drive against adulteration in food...

Warid network now covers 43 districts

2007-07-27 00:00:00

FE ReportWarid Telecom has expanded its network to eight more districts, making its footprints in total 43 districts, and covering two third areas of the country. Bhola, Jhenaidah, Kushtia, Meherpur, Pabna, Patuakhali, Shariatpur and Tangail districts are now under Warid...

Rupali Insurance declares 20pc stock dividend

2007-07-27 00:00:00

FE ReportRupali Insurance Company Ltd. approved a 20 per cent stock dividend at its 19th annual general meeting (AGM) held at a city hotel Wednesday.Chairman of the Company Mostafa Golam Quddus presided over the AGM, according to a press release.A...

Rangs showrooms to sell Sony Ericsson goods

2007-07-27 00:00:00

FE ReportSony Ericsson Mobile Communications and Rangs Electronics Limited, the sole distributor of Sony Corporation in Bangladesh, Monday announced the beginning of a sales and distribution partnership, under which, Rangs will exclusively sell and distribute Sony Ericsson phones and accessories...

StanChart to provide credit card facility for Westin clients

2007-07-27 00:00:00

FE ReportStandard Chartered (StanChart) Bank will provide credit card facility for the customers of The Westin Dhaka.An agreement to this effect was signed between the two organisations in the city recently, said a press release.Under the deal, the valued customers...

Training on 'ISO 9001:2000 Lead Auditor Course'held in city

2007-07-27 00:00:00

FE ReportTQCSI Bangladesh and International Institute of Technology and Management (IITM) jointly organised a five-day training on 'ISO 9001:2000 Lead Auditor Course (Implementing ISO 9001:2000 Quality Management System)' in the city from July 21 to July 25. Khushnoor Dastoor, an...

Rangs showrooms to sell Sony Ericsson goods

2007-07-27 00:00:00

FE ReportSony Ericsson Mobile Communications and Rangs Electronics Limited, the sole distributor of Sony Corporation in Bangladesh, Monday announced the beginning of a sales and distribution partnership, under which, Rangs will exclusively sell and distribute Sony Ericsson phones and accessories...

Organic tea of Panchagarh proposed to be an export item

2007-07-27 00:00:00

Our CorrespondentNILPHAMARI, July 26: Panchagarh district authorities' proposal of organic tea as an exportable product from the district in response to the move of the Export Promotion Bureau is very encouraging.Sources said some months back at the initiative of the...

Pubali Bank shifts its Kadamtali branch, Sylhet

2007-07-27 00:00:00

FE ReportPubali Bank Limited has shifted its Kadamtali branch of Sylhet to new premises with a view to providing customers with the best and modern banking services. Chairman of the board of directors of the bank Hafiz Ahmed Majumder inaugurated...

Progress of Islami banking in Bangladesh lauded

2007-07-27 00:00:00

FE ReportThe Bahrain Tribune, a widely circulated daily newspaper published from Bahrain, has recently lauded the progress of Islami banking in Bangladesh, said a press release.The daily has made remark on the progress of Islami banking in Bangladesh, saying that...

Asian Markets end mixed

2007-07-27 00:00:00

HONG KONG, July 26 (AP): Asian markets were mixed Thursday as Japanese and Hong Kong shares dropped, but China's roller-coaster market climbed to a new record-despite government efforts to cool the market and sizzling economy.BANGKOK: Thai shares ended up 0.10...

Oracle to open office in city to explore IT mkt potential

2007-07-27 00:00:00

Refayet Ullah MirdhaOracle, a US based global software company, will open an office in Dhaka to explore the potential local IT market.Regional Business Manager-Manufacturing, Retail and Distribution (MRD) South Asia Growth Economics (West) of Oracle Corporation Division, Sajjad Mustafa Syed...

SIBL conducts free eye treatment

2007-07-27 00:00:00

FE ReportSocial Investment Bank Ltd ( SIBL) and Fashion Eye Hospital have jointly sponsored a free eye treatment programme for poor patients at Saedabad bus terminal Wednesday, said a press release. Eye care, spectacles, medicines and other related materials were...

DBH Deposit annual sales confce held

2007-07-27 00:00:00

FE ReportDelta Brac Housing Finance Corporation Ltd's (DBH's) Deposit Annual Sales Conference was held in the city recently, said a press conference. DBH Company Secretary and Head of Finance and Resources SH Aslam Habib distributed prizes among the Deposit associates...

European stocks fall

2007-07-27 00:00:00

LONDON, July 26 (AFP): Europe's main stock markets lost ground Thursday, reversing earlier gains as investors pored over a flood of company results. In early afternoon trade, London's FTSE 100 index of leading shares sank by 0.82 per cent to...

corporatewatch

2007-07-27 00:00:00

Request from DSE/CSE The authorities of Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) have requested all investors concerned to make their investment decision based on company fundamentals and disclosed information and to avoid rumours. Call to collect dividend...

Iraqi players on emotional rollercoaster

2007-07-27 00:00:00

KUALA LUMPUR, Jul 26 (AFP): The Iraqi team are on an emotional rollercoaster after reaching their first Asian Cup final as it took a bloody toll back home where at least 50 celebrating fans were killed.Iraq shocked the more fancied...

Moeen calls for freeing sports from graft

2007-07-27 00:00:00

TANGAIL, July 26 (UNB): Army Chief Moeen U Ahmed Thursday called upon all to come forward to free country's sporting arena from corruption, nepotism, politics and drugs.The Army Chief, also chairman of the National Sports Council, made the call while...

Twenty20 launched in Johannesburg

2007-07-27 00:00:00

The Twenty20 World Champi-onship was officially launched in Johannesburg Thursday at a joint event between ICC and Cricket South Africa (CSA). The 13-day tournament begins on September 11, when South Africa play West Indies at the Wanderers, and concludes with...

Bangladesh beat Hyderabad 40-26 goals, local eves concede 13-27 defeat against tourists

2007-07-27 00:00:00

Bangladesh Handball Fede-ration men's team earned a facile 40-26 goals victory over Hyderabad men's team in the second friendly match at the National Indoor Stadium in Mirpur Thursday, reports UNB.This was the successive victory for the local men's team against...

Nat’l age group swimming to begin Aug 2

2007-07-27 00:00:00

The Keya Cosmetics 23rd National Age Group Swimming Championship, organised by Bangladesh Swimming Federation, will be held August 2-4 at the National Swimming Complex in the city's Mirpur area, reports UNB.The affiliated members of the Swimming Federation -- divisions, districts,...

Osterloh shocks Bartoli at WTA

2007-07-27 00:00:00

STANFORD (United States), Jul 26 (AFP): Wimbledon finalist Marion Bartoli of France crashed out of the 600,000-dollar WTA hardcourt tournament here Wednesday, falling in three sets to Lilia Osterloh.The unheralded American downed the second-seeded French woman 5-7, 6-4, 6-3 in...

Mohammedan SC held 1-1 by Khulna Abahani

2007-07-27 00:00:00

Khulna Abahani forced title contender Mohammedan SC to a 1-1 draw in a crucial second phase match of the B League at the Khulna Divisional Stadium Thursday, reports UNB.With this, Mohammedan SC almost made their exit from the title race...

Liverpool stars get Hong Kong all-clear

2007-07-27 00:00:00

HONG KONG, Jul 26 (AFP): Liverpool will be at full strength for the Asia Trophy final after record signing Fernando Torres was given permission to play and Steven Gerrard recovered from injury, their coach said Thursday.Rafael Benitez said Torres and...

Revamping jute sector for ensuring long-term viability

2007-07-26 00:00:00

OUT of the existing 22 state-owned loss-making jute mills under the Bangladesh Jute Mills Corporation(BJMC), the government has decided to shut down four under a three-year reform programme. The closure involves job-shedding of 6,000 workers of these four jute mills....

Noises, noises everywhere

2007-07-26 00:00:00

Enayet RasulTHE peace and quiet of a residential area in some parts of Dhaka and many other urban areas is shattered in the early morning with the arrival of a vendor with a push-cart fitted with a loudspeaker. The man...

Responsibilities of audit committees

2007-07-26 00:00:00

Sabbir AhmedCorporate governance guidelines issued by the Securities and Exchange Commission (SEC) in February 2006 through a SEC notification made audit committees mandatory for the listed companies. According to the guidelines, the audit committee is a sub-committee of the Board...

Globalisation backlash in rich nations

2007-07-26 00:00:00

Chris GilesA popular backlash against globalisation and the leaders of the world's largest companies is sweeping all rich countries, an FT/Harris poll shows.Large majorities of people in the US and in Europe want higher taxation for the rich and even...

Costly Hilsha

2007-07-26 00:00:00

ONLY the other thing, besides the Hilsha fish, which Bangladeshis, rather all Bengalis, here and across the border in West Bengal, find silvery is the moon. None of them could ever set feet on the moon. Why then should the...

Role of European Union

2007-07-26 00:00:00

RECENTLY the European Union (EU) has again come up with another piece of unsolicited advice to our government to restore democracy etc., and not to involve our armed forces in the governance of the country. Is it not a blatant...