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Cup tickets on offer for Stumpy stomp

2011-02-26 00:00:00

COLOMBO, Feb 25 (AFP): Sri Lankan cricket fans who have missed out on World Cup match tickets have an opportunity to watch the action -- by matching event mascot Stumpy's dance moves, officials said Friday. "We want to give the...

Sehwag fit despite ribs blow

2011-02-26 00:00:00

BANGALORE, Feb 25 (AFP): India's in-form opener Virender Sehwag will be fit for the crucial World Cup clash with England despite receiving a painful blow to the ribs in the nets Friday. The hard-hitting opener was struck by a delivery...

Australia overpower NZ

2011-02-26 00:00:00

NAGPUR, India, Feb 25 (AFP): Reigning champions Australia overpowered New Zealand by seven wickets for a 25th straight World Cup victory in a dominant display at the VCA Ground here Friday. Australia's fast bowlers, with Mitchell Johnson taking four wickets,...

India, England fans face security clampdown

2011-02-26 00:00:00

BANGALORE, Feb 25 (AFP): Around 3,000 police will ramp up security at India's high-profile World Cup clash against England Sunday following the midweek violence when fans desperately scrambled for tickets. "We are deploying about 3,000 policemen, including 700 traffic police...

Pakistan ban, fine fixing accuser Hameed

2011-02-26 00:00:00

KARACHI, Feb 25 (AFP): Pakistan cricket authorities Friday banned and fined batsman Yasir Hameed for accusing his team-mates of match-fixing and spot-fixing after last year's corruption-marred Lord's Test against England. Pakistan Cricket Board (PCB) spokesman Nadeem Sawar said that Hameed...

Smith praises SA spin attack

2011-02-26 00:00:00

NEW DELHI, Feb 25 (AFP): South African skipper Graeme Smith said it had been "one of those days" after his decision to field a three-pronged spin attack paid rich dividends with an opening World Cup win over the West Indies....

Control room opened on expats in Libya

2011-02-26 00:00:00

A control room has been opened at the Expatriates' Welfare and Overseas Employment Ministry following the volatile situation in Libya. The contact address of the control room is: Bhaban No 7, room No 418, Bangladesh Secretariat. Telephone-7168606; Mobile-01712245986, 01912899102, 01712205155,...

Economist of London blunders again

2011-02-26 00:00:00

on the basis of such half-baked or unreliable research, says Enayet Rasul Bhuiyan A survey by the Economist, a periodical paper of London, has rated 140 cities round the world to determine how livable or not these seemed to be...

Hopes fade for NZ quake missing

2011-02-26 00:00:00

Phil Mercer As the grim toll from the Christchurch earthquake continues to rise, New Zealand's shattered southern city has been rattled by a series of aftershocks. Buildings again convulse under the power of unpredictable underground forces and for a few...

Red alert regarding red meat

2011-02-26 00:00:00

Telegraph Online recently quoted British scientists as saying that one ought not to consume too much red meat - no more than 70 grams per day, or half a kilo spread across a whole week - if one is to...

Fixing problems of Dhaka

2011-02-26 00:00:00

There is every reason for those in charge of governance in Bangladesh to be pretty serious about fixing Dhaka's problems. This city is already home to over 15 million people when it was, according to the latest document, planned for...

Vitiated lungs of the city

2011-02-26 00:00:00

It is not known whether a proper study was conducted to know the ratio of parks to residents in Dhaka city. But any sensible person can guess estimate that the same must be a poor one very much in disfavour...

The way things are, cosmetically of course

2011-02-26 00:00:00

The frantic spring-cleaning of the city on the occasion of the Cricket World Cup is welcome to any city dweller (except perhaps, the beggars who got swept away to some unknown destination). But everyone knows that it is merely cosmetic....

Democracy and religion

2011-02-26 00:00:00

If we are talking about blending religion and politics, democracy is not an antidote. Our next-door neighbour, the largest democracy in the world, allowed a religio-political party to be in power. Many political scientist argue that democracy should not be...

More an outsiders' scramble for ownership of resources

2011-02-26 00:00:00

The current upheavals in the Arab world should make governments everywhere, particularly in the most populous countries, sit back and think seriously on how best to reduce socio-economic inequities and promote real democracy. Development philosophers believe it would be quite...

Need for developing a processing centre

2011-02-26 00:00:00

Bangladeshi businessmen, despite slow growth in exports of fresh vegetables and fruits, are optimistic of the potentials of such export items. They believe they would be able to export more fresh produces provided they get 'one modern processing centre' for...

Sabic plans big investment in India

2011-02-26 00:00:00

MUMBAI, Feb 25 (Business Standard): Petrochemicals major Saudi Basic Industries Corporation (Sabic) is planning big investments in India that may run into billions of dollars. Sabic, which ranks among the world's top five petrochemical companies, has been in talks with...

Toyota recalls more than 2m vehicles

2011-02-26 00:00:00

WASHINGTON, Feb 25 (AFP): Japanese automaker Toyota has recalled another 2.3 million vehicles to fix floor mat and carpet defects that could jam the accelerator, the latest in a spate of recalls to hit the firm. Pressed by US authorities,...

Volvo to invest $10-11b in next five years

2011-02-26 00:00:00

BEIJING, Feb 25 (AP): Volvo Cars said Friday it will invest $10-$11 billion worldwide over the next five years in an ambitious expansion following its acquisition by a Chinese automaker. CEO Stefan Jacoby's announcement came as Volvo unveiled plans to...

GM reports first full-year profit since 2004

2011-02-26 00:00:00

DETROIT, Feb 25 (Reuters): General Motors Co posted fourth-quarter earnings slightly above expectations and its first full-year profit since 2004. Profit for all of 2010 was $4.7 billion, achieved after the company slashed costs and debt in a 2009 bankruptcy...

KP, FATA economic revitalisation project launching next month

2011-02-26 00:00:00

PESHAWAR, Feb 25 (APP): World Bank funded US$ 14-million economic revitalisation project for flood and conflict affected small and medium enterprises (SMEs) in Khyber Pakhtunkwha (KP) and federally administered tribal area (FATA) is likely to start from mid of next...

Japan's consumer prices fall for 23rd month

2011-02-26 00:00:00

TOKYO, Feb 25 (AP): Consumer prices in Japan went south for the 23rd straight month in January as deflation kept its hold on the world's No 3 economy. But the pace of decline slowed for the fourth consecutive month because...

Another frustrating week for investors

FE Report | 2011-02-26 00:00:00

FE ReportInvestors passed another frustrating week as all indices of DSE dipped further making a turnaround with the government intervention at the beginning of the week. After rising substantially during the opening day, the week ended shedding 125.41 points to...

Japanese stocks seen range-bound next week

2011-02-26 00:00:00

TOKYO, Feb 25 (AFP): Japanese shares are likely to stay range-bound and may test the upside next week if investors' focus shifts from political turmoil in Libya to the global economic recovery, brokers said. In the week to February 25,...

NAV of Prime Financial Unit Fund disclosed

FE Report | 2011-02-26 00:00:00

FE ReportPrime Finance Asset Management Company Limited (PAMC) has declared the Net Asset Values (NAV) of Prime Financial First Unit Fund, the first private sector unit fund in Bangladesh, according to a press release. The total NAV of Prime Financial...

Indonesian budget airline plans IPO next year

2011-02-26 00:00:00

JAKARTA, Feb 25 (AFP): Indonesian airline Lion Air is to sell around a third of the company through an initial public offering in the first half of 2012 to raise $1 billion, the company said Friday. "We plan to only...

Asian share mixed as oil prices fall

2011-02-26 00:00:00

HONG KONG, Feb 25 (AFP): Asian stocks were mixed Friday as an easing in oil prices caused by OPEC's promise to boost output was tempered by uncertainty over the ongoing political crisis on Libya. And the euro extended its recent...

Are the government officials good stewards of public funds?

2011-02-26 00:00:00

A budget is a government's plan on the use of public resources to meet the citizens' needs. Budget Transparency (BT) means that ordinary citizens can access information about how public resources are allocated and used. Budget Transparency is defined as...

Caring people's psychology for effective management

2011-02-26 00:00:00

Managing people is one of the toughest jobs in the world. Because, reading people's mind and behaviour is not an easy job. Human being's mind is multi-dimensional; it changes its mood frequently. So, getting pulse of people's mind requires understanding...

NAV of Prime Financial Unit Fund disclosed

FE Report | 2011-02-26 00:00:00

FE ReportPrime Finance Asset Management Company Limited (PAMC) has declared the Net Asset Values (NAV) of Prime Financial First Unit Fund, the first private sector unit fund in Bangladesh, according to a press release. The total NAV of Prime Financial...