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Silent Killing Ring leader Dalim nabbed PDF Print E-mail
Thursday, 31 January 2008

Staff Reporter

The Chittagong Metropolitan Detective Branch police nabbed Dalim, Ring leader of Silent Killing Ring of Chittagong yesterday afternoon. Police said acting on secret information he was arrested from a room of the Hotel Rajdhani at Reazuddin Bazar.

Md. Dalim Mallik alias Dalim is the son of one late Hazrat Ali Mallik of Pathkel Ghata Neyamatpura area under Kathalia Thana in Jhalakati district. Dalim had been leading an organized silent killing at Chittagong Metropolitan area for last two years.

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SEC asks for legal steps against default cos PDF Print E-mail
Wednesday, 30 January 2008

Staff Correspondent

The Securities and Exchange Commission at a meeting on Monday asked the bourses to move for taking legal actions against the low-profile ‘Z’ category companies for violating rules, said officials.

‘The SEC has also asked us to halt share trading of any company immediately if it is known that the company has sold off its properties for any reason,’ said Salahuddin Ahmed Khan, chief executive officer of the Dhaka Stock Exchange.

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59 to vie for FBCCI directorships PDF Print E-mail
Wednesday, 30 January 2008

Staff Correspondent

A total of 59 candidates filed their nomination papers on Monday for the 24 posts of directors to the 38-member executive board of the Federation of Bangladesh Chambers of Commerce and Industry.

Among them, 30 submitted nominations for the 12 posts of directors designated for the chamber group while 29 filed nominations for the 12 posts of directors designated for the association group.

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Dhaka intíl plastic fair begins in city PDF Print E-mail
Wednesday, 30 January 2008

Staff Correspondent

The 5th Dhaka international plastic, packaging and printing industrial fair kicked off at the Bangladesh China Friendship Conference Centre in the Dhaka city on Monday.

The fair aims at boosting the local as well as international market of plastic products, raw materials and machineries. Inaugurating the fair, the education and commerce adviser, Hossain Zillur Rahman, said diversified and quality products are needed to capture the international as well as local market of plastic and packaging industry.

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China bank in talks to buy stake in Nigerian bank PDF Print E-mail
Wednesday, 30 January 2008

Agence France-Presse . Shanghai

China Development bank is in talks to buy a stake in United Bank for Africa, located in oil-rich Nigeria, for at least five billion dollars, state media reported Monday.

‘China Development Bank hopes to have a say in the bank but it is unlikely to obtain a controlling stake,’ the Economic Observer newspaper reported, citing an unnamed source close to the bank.

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South Korea, EU start fresh FTA talks PDF Print E-mail
Wednesday, 30 January 2008

Agence France-Presse . Seoul

The European Union and South Korea on Monday started a new round of free trade talks but shelved the most contentious issues until a new government takes office in Seoul.

‘Today’s meeting covered customs, services and other non-critical issues,’ a South Korean trade official told AFP on condition of anonymity. At this week’s round, the sixth since talks started in May last year, South Korea will also seek a breakthrough in country-of-origin rules, he said.

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South African mines idle for 4th day amid power crisis PDF Print E-mail
Wednesday, 30 January 2008

Agence France-Presse . Johannesburg

A power crisis forced the suspension of mining operations for a fourth day running in South Africa on Monday as unions expressed fears the halt in production would lead to large-scale job losses.

Major mining houses said that while the state utility Eskom did agree during weekend talks to provide a limited amount of power, it was not enough for normal production to resume.

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Toyota unseats GM as top producer in í07 PDF Print E-mail
Wednesday, 30 January 2008

Agence France-Presse . Tokyo

Japan’s Toyota Motor Corp said Monday that it had produced almost 9.498 million vehicles in 2007, leapfrogging US rival General Motors to become the world number one in terms of production.

Toyota, which sold slightly fewer vehicles than GM last year, said it produced 9,497,754 vehicles in 2007, including subsidiaries truck maker Hino Motors Ltd and small car specialist Daihatsu Motor Co, an increase of 5.3 per cent from 2006.

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China steelmaker, aluminium firm eye large jet venture PDF Print E-mail
Wednesday, 30 January 2008

Agence France-Presse . Shanghai

China’s largest steel maker and its top aluminium producer plan to obtain stakes in a new venture that wants to make large jets to rival Airbus and Boeing, state media said Monday.

Baosteel Group and Aluminium Corp of China (Chinalco) join a series of other companies and government departments that have expressed an interest in participating, the Shanghai Securities News said, citing a source.

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Citigroup plans China joint venture PDF Print E-mail
Wednesday, 30 January 2008

Agence France-Presse . Shanghai

US-based Citigroup plans a Chinese securities joint venture as the Asian nation reopens its lucrative brokerage sector to foreign participation after a two-year pause, state media said Monday.

Under an agreement Citigroup signed Thursday with Central China Securities, the two will soon file an application to regulators for the establishment of the venture, the China Business News said, citing unnamed sources.

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Royal Bengal starts journey PDF Print E-mail
Wednesday, 30 January 2008

Staff Reporter

Aviana Airways Ltd. Royal Bengal, invested by the immigrants has been opened yesterday which will start its regular operation from tomorrow.

The authority in an inaugural ceremony held yesterday informed that the Royal Bengal is an 'amalgamation' of hospitality of home and abroad and it would be operated with reduced fare, comfortable and  new flight decoration and skilled and full professionally efficient employees.

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SMG recovered From Dohazari PDF Print E-mail
Wednesday, 30 January 2008

Staff Reporter

The RAB has recovered a SMG and ammunition from Dohazari in Chittagong yesterday.

These weapons were recovered in a drive conducted by the RAB at Dhopchhari area of Dohazari on Tuesday. These include a nine MM SMG rifle (Russian made), a SMG magazine and 16 rounds of ammunition.

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Three illegal car traders nabbed PDF Print E-mail
Wednesday, 30 January 2008

Staff Reporter

Three members of illegal car traders syndicate were nabbed from Shalakbahar area under the city's Panchlaish thana yesterday. They are Alamgir Hossain, Md. Sohel and Shahjada Al Mamoon.

RAB sources said these arrested persons used to take loans from banks and cleared vehicles from the port producing false documents for a long time and did not pay the bank dues.

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5 shops gutted in Ctg PDF Print E-mail
Wednesday, 30 January 2008

Staff Reporter

Five shops were gutted in a fire at the city's Foy's Lake area yesterday.

Fire Service sources said five semi-pucca shops were burnt to ashes as the fire originated from electric short circuit at the area adjacent to  Foy's Lake Ansar camp in Monday night.

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300 bottles of phensidyle seized: Two nabbed PDF Print E-mail
Wednesday, 30 January 2008

Staff Reporter

The Drug Control officials recovered 300 bottles of phensidyle from the city's Badamtali area and two persons were arrested in this connection.

Sensing on secret information, 300 bottles of phensidyle were recovered from a truck in front of Wakf Store at Badamtali circle under Doublemooring thana yesterday morning.

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Dr. Shyamal made CUET VC PDF Print E-mail
Wednesday, 30 January 2008

Staff reporter

Dr. Shyamal Kanti Biswas, Professor of Mechanical Engineering Department of Chittagong Engineering and Technology University (CUET) has been appointed as the Vice Chancellor of the university for a period of four years.

He was appointed vide a notification of the Ministry of Education signed by the President and Chancellor of the universities Prof. Yazuddin Ahmed.

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Red alert to face bird flu likely PDF Print E-mail
Wednesday, 30 January 2008

Shekhar Tripaty

The government has been carrying out allout efforts to resist the bird flu throughout the country.

A number of steps have already been taken to face the probable menace. Sources said monitoring cell has been opened at the office of the Deputy Commissioner in each district.

Special task force has been formed. BDR patrol in the border areas has been geared up, importation of all kinds of poultry through India and Myanmmar borders has been prohibited, propaganda to create awareness among the people is being made and the masses are being urged not to be panicked.

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No scope for Canadian lawyer to see Hasina: IG prisons PDF Print E-mail
Wednesday, 30 January 2008

Staff Correspondent

Prison authorities have not allowed Sheikh Hasina's Canadian lawyer Payam Akhavan access to the former prime minister in jail. Inspector general of prisons Brig Gen Zakir Hassan said Tuesday they cannot allow Akhavan to see Hasina since there was no provision for such in the Jail Code.

Akhavan arrived in Dhaka Monday seeking permission to see Hasina, now detained in a special jail on the Sangsad Bhaban premises.

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Millat jailed for eight years PDF Print E-mail
Wednesday, 30 January 2008

Staff Correspondent

A special court dealing with graft suspects Tuesday sentenced former BNP lawmaker Rashiduzzaman Millat to eight years in jail on charges of accumulating and concealing information about wealth.

Judge Md Firoz Alam of the Special Judges' Court-1, set up on the Jatiya Sangsad Bhaban, also fined him Tk 10 lakh. He will have to serve another year in failure to pay the fine.

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Once-mighty Kapotakkho River faces slow demise PDF Print E-mail
Wednesday, 30 January 2008

Staff Correspondent

The once mighty Kapotakkho River is slowly dying due to siltation, while huge areas on both sides of the river become increasingly water logged.

The critical condition of the country's south-western river system has left hundreds of thousands facing extreme hardship. Farmers in the area are desperately trying to save their land by pumping surface water back into the Kapotakkho River; nevertheless many are finding it difficult to harvest more than one crop in a season. They have one hope left — to sell their land as soon as the water recedes.

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Vodafone to invest in Bangladesh: UK envoy PDF Print E-mail
Wednesday, 30 January 2008

Staff Correspondent

The British high commissioner Tuesday said Vodafone Group, the largest mobile network operator in the world by turnover, would invest in Bangladesh.

"Vodafone, a billion dollar company, is coming to invest in Bangladesh. This is exactly what Bangladesh needs—foreign direct investment," Anwar Choudhury told reporters after attending a ceremony at Dhaka Sheraton Hotel.

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