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Brazil to create 2.5 million jobs in 2010

2010-05-03 00:00:00

RIO DE JANEIRO, April 2 (Xinhua): Brazil will be able to create up to 2.5 million new jobs in 2010, higher than a previous estimate of 2 million, said the country's labor minister yesterday. Brazil will have the best year...

Bolivia nationalises four power companies

2010-05-03 00:00:00

LA PAZ, May 2 (Reuters): Leftist Bolivian President Evo Morales said on Saturday he had nationalised four power companies, including a subsidiary of France's GDF Suez, in his drive to tighten state control over the impoverished economy.Morales, a close ally...

Auto industry gains are lifting Detroit's spirits

2010-05-03 00:00:00

DETROIT, May 2 (AP): It's too soon for parades, but oft-maligned Detroit - hammered with high unemployment, steeped in public corruption and forever connected at the axle to an ever-evolving auto industry - shows small signs of rumbling back to...

Khaleda smells corruption in RPP deals

2010-05-03 00:00:00

Opposition leader Khaleda Zia has criticised the government for resorting to setting up rental power plants (RPPs) without tender at high cost, and brought allegations of corruption against the present administration for doing so, reports UNB. “We’ve received allegations of...

Matin says he was neither Rajakar nor freedom fighter

2010-05-03 00:00:00

Chief investigation officer for investigating crimes against humanity Abdul Matin refuted advisor to the Prime Minister Dr Alauddin Ahmed's statement and said that he was a member of Islamic Chhatra Sangha, student wing of Jamaat-e-Islami, during the country's liberation war...

UPDF man shot dead in Rangamati

2010-05-03 00:00:00

Our CorrespondentRANGAMATI, May 02: A leader of Gono Tantrik Jubo Forum (GTJF), a newly floated associate organisation of anti-peace United People's Democratic Front (UPDF) today (Sunday) was shot dead allegedly by the armed members of Parbatya Chattagram Jana Sanghati Samity...

BCL men beat DU student

2010-05-03 00:00:00

DU CorrespondentBangladesh Chhatra League (BCL) activists beat up a student at F Rahman Hall of Dhaka University early Sunday leaving him seriously injured.The victim was identified as Azimuddin, a first-year student of Sanskrit Department. He was admitted to DU medical...

May Day observed

2010-05-03 00:00:00

The historic May Day was observed across the country on Saturday amidst a strong workers' voice to fix minimum wages at Tk 5,000 and ensure their job security, reports UNB.Various trade unions raised the demands while observing the May Day...

Hasina urges MPs to work sincerely

2010-05-03 00:00:00

Prime Minister Sheikh Hasina has urged all the ruling party lawmakers to carry out their constitutional duties with sincerity for the welfare of their respective constituencies.She made the call when newly elected Bhola-3 MP Nurunnabi Chowdhury Shaon called on her...

SQ Chy could not address street meet

2010-05-03 00:00:00

Our CorrespondentCHITTAGONG, May 2: Intra-party feud and obstruction by local freedom fighters today barred BNP central leader and lawmaker Salauddin Quader Chowdhury from addressing a public meeting at Chandanaish of South Chittagong.The leaders and workers of Chandanaish Upazila BNP organised...

9 BDR mutineers get different prison terms

2010-05-03 00:00:00

RANGAMATI, May 2 (UNB): A special court Sunday convicted nine BDR mutineers of Rajnagar 12 Rifles Battalion in Rangadu Upazila and sentenced them to different prison terms in BDR mutiny case.Special Court-4, headed by outgoing BDR Chief Major General Mainul...

PM angered by admission trade at educational institutions

2010-05-03 00:00:00

Prime Minister (PM) Sheikh Hasina has expressed serious disdain for the 'admission trade' prevailing in different educational institutions of the country, reports UNB.The PM gave vent to her anger when the standing committee members of the Association of Universities of...

Lightning kills 12

2010-05-03 00:00:00

Twelve people were killed and 12 others injured in lightning in Habiganj, Mymensingh, Sunamganj, Narayanganj and Gaibandha Sunday, reports UNB.In Habiganj, Lightning struck to death to six persons including two women and left 4 injured at Baniachang, Bahubal and Sadar...

RAB recover part of HSBC bank's looted money

2010-05-03 00:00:00

FE ReportRapid Action Battalion (RAB) Sunday recovered a major part of the HSBC bank's Tk 4.5 million looted by a driver of a security firm last month and arrested three people for their alleged links.On a tip-off, a team from...

Pakistan return through Bangladesh fright

2010-05-03 00:00:00

GROS ISLET (Saint Lucia), May 2 (AFP): Pakistan got the defence of their World Twenty20 title off to a sound start with a 21- run win over Bangladesh on the Beausejour Stadium here Saturday. Victory was built around a huge...

Gambhir ill, South Africa bowl

2010-05-03 00:00:00

Graeme Smith won the toss in their first match of the tournament and chose to use whatever moisture there would be in the pitch for the 9.30am (WIT) start, reports cricinfo website.They were up against India who posted their first...

Fire Service beat East End Boys by 3-1 sets

2010-05-03 00:00:00

Fire Service beat East End Boys' Club by 3-1 sets (25-16, 24-26, 25-22 and 25-19) in a match of the NBL Metropolis Premier Division Volleyball League at the Dhaka Volleyball Stadium Sunday, reports UNB.The day's other two matches involving Bangladesh...

GP-BCB Academy Cup ends in draw

2010-05-03 00:00:00

The 2nd four-day match of the GP-BCB Academy Cup between GP-BCB Academy team and South Africa National Cricket Academy team ended in a draw on the Shaheed Chandu Stadium in Bogra Saturday, reports UNB.Chasing a target of 361 runs in...

West Indies A team arrives in city

2010-05-03 00:00:00

A 14-member West Indies A team, led by Travis Dowlin, arrived in the capital today (Sunday) on a 25-day tour to Bangladesh, reports UNB.During the visit, the 2nd string Caribbean team will participate in a triangular one-day series, also involving...

Dhaka XI leaves for London

2010-05-03 00:00:00

Dhaka XI, led by veteran booter Kaiser Hamid, was due to leave here for London later Sunday night to play three exhibition matches at the joint invitation of London Tigers and East End United AFC teams to be held on...

Energy crisis, decision sloth prompt sharp investment fall

2010-05-03 00:00:00

Doulot Akter MalaThe country's acute energy crisis and protracted decision making process has led to sharp decline in both local and foreign investment proposals in the current fiscal, officials said. Foreign Direct Investment (FDI) proposals dropped by 70.47 per cent...

PM opens Kuril flyover construction

2010-05-03 00:00:00

Prime Minister Sheikh Hasina Sunday said her government has taken massive plans, including revival of commuter train services and construction of six railway flyovers, to free the capital city from traffic congestion, reports UNB. She spelt out the plan at...

Past govts' cavalier role messed up gas digging

2010-05-03 00:00:00

M Azizur RahmanImmature decisions taken by successive governments, dilly-dallying in explorations by foreign firms and donors' reluctance to provide necessary funds have caused the country's unprecedented natural gas crisis, top officials said Sunday.The country's 'feeble' economy during the late 1990s...

TIB worried at govt move to amend ACC Act

2010-05-03 00:00:00

FE Report An independent rights watchdog urged the government Sunday not to bring any change to the Anti-corruption Commission Act, saying that such a move would only undermine the commission's independence."If the law is changed as planned by the government,...

Stocks decline on profit-taking

2010-05-03 00:00:00

FE ReportDhaka stocks fell on profit taking Sunday despite financials gaining new ground with turnover hitting three months high, dealers said. The benchmark DSE General Index (DGEN) closed at 5631.29, dropping 23.58 points or 0.41 per cent, after ending flat...

Car bomb scares NY but fails to explode

2010-05-03 00:00:00

NEW YORK, May 2 : Police found an "amateurish" but potentially powerful bomb that apparently began to detonate but did not explode in a smoking sport utility vehicle in Times Square, authorities said Sunday.Thousands of tourists were cleared from the...

Govt agencies, BB question some provisions of $1.0b Indian loan deal draft

2010-05-03 00:00:00

Nazmul AhsanA number of government agencies and the Bangladesh Bank have opposed certain clauses incorporated into the draft agreement sent by India on its $1 billion loan proposal, official sources said.The major clauses 'in question' include the provisions for importing...

Assam rebel NDFB chief held, handed over to India

2010-05-03 00:00:00

Assam separatist leader Ranjan Daimary and his two comrades arrested from elsewhere were handed over to Indian border security force (BSF) at Dawki, opposite Tamabil border Saturday, said reports reaching from across the border.A BDR 21 Battalion official stationed in...

SEC fines two cos, two traders for share scams

2010-05-03 00:00:00

Mohammad MufazzalThe securities regulator Sunday fined two big traders and two companies Tk 66.8 million after they were found guilty of manipulating share prices by spreading rumours and breaching laws, officials said. The Securities and Exchange Commission (SEC) slapped the...

BB won't encourage culture of waiving default farm loans

2010-05-03 00:00:00

FE Report Bangladesh Bank (BB) will not encourage the culture of waiving defaulted farm loans, the central bank governor said Sunday. "We would never encourage the culture of waiving defaulted agriculture loans, nor tolerate this culture," BB Governor Atiur Rahman...