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IFC-SEDF holds seminar on access to finance

2007-06-25 00:00:00

FE Report The IFC-Southasia Enterprise Development Facility (SEDF) has organised a workshop at a city hotel to provide technical knowledge to the owners of small and medium enterprises (SMEs) on access to formal credit. About 500 SME entrepreneurs, mostly from...

Shahjalal Islami Bank holds board meeting

2007-06-25 00:00:00

FE ReportThe 78th meeting of the board of directors of Shahjalal Islami Bank Limited (SJIBL) was held at its head office in the city recently.Chairman of the board of directors of the bank Sajjatuz Jumma presided over the meeting.The meeting...

StanChart, Bengal Music sign sponsorship deal

2007-06-25 00:00:00

FE ReportStandard Chartered (StanChart) Bank and Bengal Music Company Ltd signed an agreement for sponsoring Krishnokoli's first audio album in the city recently.StanChart Head of Consumer Banking (acting) Tanvir Haider Chowdhury and Bengal Music Chief Executive Officer Shayan Chowdhury Ornob...

People's Leasing approves 30pc stock dividend

2007-06-25 00:00:00

FE ReportPeople's Leasing and Financial Services Limited (PLFS) approved 30 per cent stock dividend for its shareholders for 2006 at the 11th annual general meeting (AGM) of the company.The AGM was held at Bangladesh-China Friendship Conference Centre in the city...

corporatewatch

2007-06-25 00:00:00

Company won't give dividendShahjalal Islami Bank: The board of directors of Shahjalal Islami Bank Limited did not recommend any dividend for the year 2006. The date, time, venue and record date of the annual general meeting (AGM) will be notified...

IPO diary

2007-06-25 00:00:00

Phoenix Finance and Investments Limited Nature of Business Lease Finance and Term Finance Subscription Opens June 24, 2007 Subscription Closes June 28, 2007 Subscription for NRB June 24, 2007 to July 07, 2007 Offer Price (Tk.) 100.00 Face Value (Tk.)...

Iran warns against nuclear sanctions

2007-06-25 00:00:00

LISBON, Jun 24 (AP): A senior Iranian official warned Saturday that further UN sanctions over Tehran's contentious nuclear programme could derail ongoing negotiations toward a settlement. Ali Larijani, Iran's top nuclear envoy, said after his latest round of talks with...

Israeli Cabinet releases funds to Abbas

2007-06-25 00:00:00

JERUSALEM, June 24 (AP): The Israeli Cabinet on Sunday approved the release of frozen tax funds to Palestinian President Mahmoud Abbas, officials said, in a step to bolster the moderate leader in his standoff against the Islamic militant group Hamas....

More EU-Iran talks next month: Solana

2007-06-25 00:00:00

LISBON, June 24 (AFP): EU foreign policy chief Javier Solana described talks here Saturday with Iran's nuclear negotiator Ali Larijani as "very constructive," adding that they would meet again next month. The talks were aimed at easing an international crisis...

NATO force admits civilians killed in Pakistan

2007-06-25 00:00:00

KABUL, June 24 (AFP): The NATO-led force in Afghanistan admitted Sunday that civilians in Pakistan had been killed in strikes at the weekend against insurgents who had been seen near the border preparing an attack. A Pakistan military official said...

Brown to be confirmed as head of Britain's Labour

2007-06-25 00:00:00

MANCHESTER, England Jun 24 (AFP): Gordon Brown will become leader of Britain's governing Labour Party Sunday, heralding a new political era that starts when he succeeds Tony Blair as prime minister in three days' time. The 56-year-old Scot, finance minister...

67 dead as India's monsoon sweeps westward

2007-06-25 00:00:00

HYDERABAD, India, June 24 (AFP): Rain pummeled western India Sunday after easing in southern states where almost 70 people have died in three days of heavy downfalls and flash floods from a monsoon season in full swing. The southern state...

IAEA official heads to North Korea

2007-06-25 00:00:00

VIENNA, June 24 (AP): A senior official from the UN nuclear watchdog left for North Korea Sunday to discuss how the agency's inspectors would monitor and verify the shutdown of the Yongbyon nuclear reactor. Olli Heinonen, the International Atomic Energy...

Britain's Prince William seeing his ex again

2007-06-25 00:00:00

LONDON, June 24 (AFP): Britain's Prince William is seeing his ex girlfriend Kate Middleton again, despite their split in April, the Mail Sunday reported. The couple met up again during a party at the barracks where the second in line...

Two soldiers killed, set on fire in Thai south

2007-06-25 00:00:00

NARATHIWAT, Thailand, June 24 (AFP): Two soldiers were killed and their bodies burnt beyond recognition Sunday in an attack by separatist insurgents in Thailand's strife-torn Muslim south, local police said. The men were patrolling by motorcycle in Narathiwat province when...

Sri Lanka claims 13 rebels killed

2007-06-25 00:00:00

COLOMBO, June 24 (AFP): Elite Sri Lankan troops killed at least 13 Tamil Tiger rebels in clashes in the north of the country, the defence ministry said Sunday. Members of the special forces attacked the Liberation Tigers of Tamil Eelam...

Protests as Vietnam leader winds up US visit

2007-06-25 00:00:00

LOS ANGELES, June 24 (AFP): Around 2,500 protestors demonstrated in California Saturday as Vietnam President Nguyen Minh Triet wound up a landmark trip to the United States, police and officials said. Demonstrators chanting "No communists, no communists, no communists" and...

Japanese grant to establish nursing school and college

2007-06-25 00:00:00

Japan is willing to provide Bangladesh grant assistance for establishing a model nursing school and college in Bangladesh, reports UNB.Japanese Ambassador Masayuki Inoue conveyed this offer of his country during a meeting with Health and Family Welfare Adviser ASM Matiur...

DU to announce Tk 2.42b budget tomorrow

2007-06-25 00:00:00

DU CorrespondentThe Dhaka University will announce a budget of Tk 2.42 billion tomorrow (Tuesday) for the fiscal 2007-08 with a deficit of Tk 20 million.DU Treasurer Syed Abul Kalam Azad will place the budget at the first day of the...

Eighteen killed in separate incidents

2007-06-25 00:00:00

Eighteen persons were killed and many others injured in separate incidents in different places of the country during the last two days, report agencies.In Keraniganj, five people, including four women were killed and 12 others injured in a tragic road...

Ctg city people facing power, water, sanitation problems

2007-06-25 00:00:00

Our CorrespondentCHITTAGONG, June 24: Sufferings of city dwellers due to prolonged power and water shortage, have surpassed all previous magnitude. Moreover, all the dirt and garbage left over by inundation caused by the recent heavy downpour and stockpiled on the...

3000 sacks of seed laden truck eized,two arrested

2007-06-25 00:00:00

SHERPUR, June 24 (UNB): Joint forces seized a truck loaden with 3000 sacks of paddy seeds while they were being smuggled out to India from Tarakandi Bazar in Sadar Upazila Sunday.Acting on secret information the joint forces went to the...

Nahida escapes from curse of early marriage

2007-06-25 00:00:00

JOYPURHAT, June 24 (BSS): A 16-year-old girl escaped from the curse of early marriage at Uchna village in Panchbibi Upazila of the district Wednesday with the interference of upazila administration. Day-labourer Nasir Islam arranged marriage of his daughter Nahida Banu,...

Two tonnes fries released into Maba river

2007-06-25 00:00:00

MEHERPUR, June 24(BSS): Deputy commissioner (DC) of Meherpur district Mohammad Atahar Ali released two tonnes of fries of different species into Maba river in Gangni Upazila of the district Thursday.The fries were released into the river with an aim to...

Two fake land officials held

2007-06-25 00:00:00

BARGUNA, June 24 (BSS): Local people handed over two fake land officials to police after catching them from Awliapur village of the district Wednesday.The arrested are Saiful Islam of Bauful Upazila and Khalilur Rahman of Patuakhali Sadar Upazila.The police also...

Nurul Alam obtains PhD

2007-06-25 00:00:00

FE ReportAnsar-VDP Unnayan Bank General Manager Md Nurul Alam Talukder obtained PhD degree in Economics from Atlantic National University, California in USA, recently.Meritorious and experienced senior banker Talukder completed his Master's degree in Economics (with Honours) from Dhaka University and...

Counterfeit factory unearthed

2007-06-25 00:00:00

KERANIGANJ, June 24 (UNB): The police unearthed a counterfeit factory and seized 20 cartons of glucose, Tang and Rosona worth Tk 1.0 million in Rasulpur area here Sunday.They also seized 20 machines used for making fake food items.Acting on secret...

NBR risks losing Tk 10b as importers decide to go slow

2007-06-25 00:00:00

Shakhawat Hossain The National Board of Revenue (NBR) is facing the risk of incurring loss of more than Tk 10 billion (1,000 crore) in the current month following the government policy of introducing transparency in fiscal measures, official sources said.The...

Rains, floods kill 228 in Pakistan, 119 in India

2007-06-25 00:00:00

Collapsed houses and severed electrical cables killed at least 228 people after heavy rains and thunderstorms lashed Pakistan's southern port city of Karachi, an official said Sunday, report agencies.The casualty figures from Saturday's storms rose after 185 more bodies were...

Govt doesn't restrict reform-oriented 'house-level' political parleys: Mainul

2007-06-25 00:00:00

Admitting informal parley politics in different places, including restaurants and drawing-rooms, Law Adviser Barrister Mainul Hosein said generally politics is going on at house levels which the government does not restrict as it moves towards reform of politics."But restriction is...