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RB Group names winners of World Cup '07 campaign

2007-06-07 00:00:00

FE ReportRB Group (RBG) has announced the names of the winners of its "World Cup Cricket - 2007" campaign in the city recently.Among others, Bangladesh cricket team captain Mohammad Ashraful, Walton Senior Deputy Director Illias Kanchan and RBG Director Ashraful...

Harun re-elected Asia Insurance chairman

2007-06-07 00:00:00

Yussuf Abdullah Harun has been unanimously elected chairman of the board of directors of Asia Insurance Limited in its 47th meeting held in the city recently.Harun is an adviser of SAARC Chamber of Commerce and Industry (SCCI).He is a vice-president...

IBBL, Al Ahalia sign instant cash arrangement deal

2007-06-07 00:00:00

FE Report Islami Bank Bangladesh Limited (IBBL) and United Arab Emirates (UAE)-based Al Ahalia Money Exchange recently signed an agreement on instant cash arrangement to ensure the sending of hard-earned money of the Bangladeshi expatriates working in the UAE. IBBL...

Clarification

2007-06-07 00:00:00

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) contradicted a part of a news item published in the June 5 issue of The Financial Express under the headline "BGMEA, DEPZ to recruit poor workers from Rangpur region." In the news item,...

corporatewatch

2007-06-07 00:00:00

AGM of Islamic Finance todayIslamic Finance: The sixth annual general meeting (AGM) of Islamic Finance and Investment Limited will be held today (Thursday) at 11:00 am at Officers' Club, Baily Road in the city. Other information of the AGM was...

US, Russia on collision course at G8 summit

2007-06-07 00:00:00

HEILIGENDAMM, June 6 Germany (AFP): A war of words between the United States and Russia threatens to overshadow the Group of Eight summit which starts here Wednesday with climate change officially topping the agenda. A massive security operation swung into...

Indian guerrillas shifting to Nepal, ex-rebel says

2007-06-07 00:00:00

GUWAHATI (AFP): One of the main guerrilla groups fighting Indian rule in the remote northeast is shifting its camps to Nepal following crackdowns in other neighbouring countries, an ex-rebel said Wednesday. The United Liberation Front of Asom (ULFA), blamed for...

Japan warns Russia over islands dispute

2007-06-07 00:00:00

TOKYO (AP): Japan's foreign minister warned Russia on Wednesday not to make any provocative moves over four Russian-held islands that both nations claim. Foreign Minister Taro Aso told Japan's parliament that Tokyo had filed a request through Russia's Foreign Ministry...

Sporadic fighting grips north Lebanon camp

2007-06-07 00:00:00

NAHR AL-BARED, Lebanon June 6 (Reuters): Lebanese troops and al Qaeda-inspired militants fought sporadically at a refugee camp in north Lebanon on Wednesday and a Palestinian force took up positions to defuse tension at another camp in the south. Soldiers...

Two simultaneous blasts kill seven in Baghdad

2007-06-07 00:00:00

BAGHDAD (AP): Two simultaneous car-bomb explosions Wednesday rocked the neighborhood of the capital's holiest Shiite Muslim shrine, killing at least seven people and wounding 27 others, police reported. One blast, from a parked car, struck al-Zahraa Square, an intersection a...

Bloody May reflects mounting insurgency in Thai south

2007-06-07 00:00:00

BANGKOK, June 6 (Reuters): The separatist insurgency intensified in Thailand's Muslim-majority south last month, taking the number of people killed since January 2004 past 2,300, a researcher in the region said on Wednesday. Srisompob Jitpiromsri of the Prince of Songkhla...

Partisan sniping clouds US immigration bill

2007-06-07 00:00:00

WASHINGTON, June 6 (AFP): Doubt grew Tuesday over the fate of a crucial US Senate bill which grants a path to citizenship for around 12 million illegal immigrants, as partisan sniping broke out over the timing of votes. Republicans warned...

Lanka train blast wounds four

2007-06-07 00:00:00

COLOMBO (AFP): A bomb exploded under a passenger train in Sri Lanka's embattled east on Wednesday, wounding at least four people, military officials said. A mine buried along the track went off as the train was at Navaladi in the...

Malaysia's widowed prime minister to wed

2007-06-07 00:00:00

KUALA LUMPUR, June 6 (AFP): Malaysia's widowed prime minister will marry on Saturday, his office said Wednesday. Abdullah Ahmad Badawi (67) will marry Jeanne Abdullah, 53, according to a statement posted on the prime minister's website. The ceremony will take...

Evacuation of coastal areas as cyclone hits Iran

2007-06-07 00:00:00

TEHRAN, June 6 (AFP): Iran Wednesday ordered people living on the coast or river banks in two southern provinces to move inland to escape the onslaught of one of the strongest cyclones to hit the region in years. The interior...

Australian train crash probe begins

2007-06-07 00:00:00

KERANG, Australia, June 6 (AFP): Investigations began Wednesday into what caused Australia's worst train disaster in decades as rescuers went about the gruesome task of recovering bodies from the mangled wreckage. Rescue crews set up a temporary morgue at the...

Pak chief judge's lawyer urges pressure on Musharraf

2007-06-07 00:00:00

HONG KONG, June 6 (AFP): The lawyer for Pakistan's top judge, ousted by President Pervez Musharraf, on Wednesday urged the US and Britain to put pressure on the military ruler to ensure "free and fair" polls in the country. Retired...

Asia settle 317-run target for Africa

2007-06-07 00:00:00

Mohammad Yousuf and Mahela Jayawardene were the architects of an Asian batting effort that mustered a formidable 317 against the Africans at Bangalore's Chinnaswamy Stadium, according to Cricinfo. After the aggressive intent shown by Virender Sehwag and Sourav Ganguly, the...

Shoaib set to return for one-dayers

2007-06-07 00:00:00

KARACHI, Jun 6(Internet): Pakistan paceman Shoaib Akhtar is in line for a recall to the national side after he was included in a list of 20 players due to attend a conditioning camp ahead of two one-day internationals (ODIs) in...

Eng vs WI third Test from today

2007-06-07 00:00:00

England will have a fourth successive series win over West Indies in their sights when the two sides meet in the third Test at Old Trafford today (Thursday), reports BBC. Michael Vaughan's side lead 1-0 with two matches to play...

Arambagh abase Ctg Abahani

2007-06-07 00:00:00

CHITTAGONG, Jun 6 (UNB): Arambagh KS beat Chittagong Abahani by 3-0 goals in the day's lone return league match of the B. League at the MA Aziz Stadium here Wednesday.With this result, Arambagh KS improved their position in the league...

MSC take on Muktis today

2007-06-07 00:00:00

Title contenders Mohammedan SC and Muktijoddha Sangsad KC face in a  return league match of the first-ever Professional Football League (B. League) at the Bangabandhu National Stadium today (Thursday).The match kicks-off at 4:30 pm, reports UNB.Earlier, in the first phase,...

MSC take on Muktis today

2007-06-07 00:00:00

Title contenders Mohammedan SC and Muktijoddha Sangsad KC face in a  return league match of the first-ever Professional Football League (B. League) at the Bangabandhu National Stadium today (Thursday).The match kicks-off at 4:30 pm, reports UNB.Earlier, in the first phase,...

Asia oust Africa in Twenty20

2007-06-07 00:00:00

It was bound to happen. An inexperienced bunch of Africans could only muster a below-par 109 for 8 and the Asians reached the target with four overs to spare. The Asian bowling was disciplined and the fielding, despite a lack...

National budget today

2007-06-07 00:00:00

FE ReportThe caretaker government announces national budget for fiscal 2007-08  today (Thursday), which is expected to highlight realistic economic projections and envisage expansion of the social safety net, sources said.Finance and planning adviser Mirza Azizul Islam, who will announce the...

Customs duty on lentils, edible oils may go

2007-06-07 00:00:00

FE ReportThe existing 5.0 per cent customs duty on lentils, crude de-gummed soyabean and crude palm olein is likely to be waived in the national budget for the fiscal 2007-08.Adviser for Finance and Commerce Mirza Azizul Islam is scheduled to...

Give institutional shape to all reforms, CA asks DCs

2007-06-07 00:00:00

  Chief Adviser Fakhruddin Ahmed Wednesday asked the top district officials to make efforts to give  institutional shape to all reforms and positive outcomes of the present caretaker government to halt return to previous unstable situation in the country, report...

Are frequent power tariff hikes justified?

2007-06-07 00:00:00

  Shahiduzzaman KhanThe government is contemplating raising the power tariff again. The cabinet committee on economic affairs, in its latest meeting this week, postponed a hike in power tariff. According to report published in the FE this week, the finance...

SCB keen to help prepare country's credit rating

2007-06-07 00:00:00

  Siddique Islam Standard Chartered Bank (SCB) has expressed its willingness to provide support for preparation of the country's credit rating."With SCB's heritage in Bangladesh market and experience in working with the rating agencies, it can contribute to the credit...

Police open probe against Khaleda, 27 others

2007-06-07 00:00:00

  Police have opened an investigation into the case against Khaleda Zia and others on their alleged links to the August 21, 2004 grenade attack on an Awami League rally that left 24 people dead. Cox's Bazar Awami League worker...