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Cell phone use yet to pick up in third world in absence of non-voice services

2010-05-03 00:00:00

Mehdi Musharraf Bhuiyan Back from Islamabad, PakistanWhile it is an undeniable fact that the use of cell phones for voice services have started to reach a saturation level in some parts of the developing world, the use of the same...

AIMS announces NAV of three mutual funds

2010-05-03 00:00:00

Asset and Investment Management Services (AIMS) of Bangladesh Limited has declared the Net Asset Values (NAV) of its three mutual funds, the company said in a press release.Aims First Guaranteed Mutual Fund: The NAV of AIMS First Guaranteed Mutual Fund...

Lack of refueling, firefight facilities forces Biman to stop Sylhet-London flights

2010-05-03 00:00:00

Mashiur RahamanInadequate refueling and firefighting facilities in Sylhet Osmani International Airport is blocking the state-run Biman to commence Sylhet-London direct flights."Sylhet airport has no refueling station. Our aircraft can only fly on London-Sylhet-Dhaka route with optimum fuel but not in...

Robi introduces call conferencing service

2010-05-03 00:00:00

FE ReportLeading mobile phone operator Robi has introduced call conferencing service for its prepaid customers, which would enable group discussion simultaneously among multiple callers on their mobile phone devices.The recently renamed telecom giant has also unleashed an aging based tariff...

GMG Airlines unveils new logo, launches new aircraft

2010-05-03 00:00:00

FE ReportGMG Airlines unveiled its new logo and inducted a Boeing 767-300ER in its fleet Saturday aiming to rule the skies through expanding wings and providing warmth of Bangladeshi hospitality to its customers. The new wide-body aircraft, painted with the...

Putin proposes merging Gazprom, Ukraine gas firm

2010-05-03 00:00:00

MOSCOW, April 2 (AFP): Prime Minister Vladimir Putin yesterday stunned observers by proposing a merger between Russia's Gazprom, the world's largest gas firm, and Ukrainian state gas company Naftogaz. The surprise plan infuriated the pro-Western opposition in Ukraine in an...

ICICI Bank, HDFC Bank not Indian-owned

2010-05-03 00:00:00

NEW DELHI, Apr 2 (PTI): The Indian government yesterday said ICICI Bank and HDFC Bank cannot be called Indian-owned banks, setting at rest the debate generated over the nationality of the top two private sector lenders. "At best, the two...

India ,10 others on US watch list for inadequate IPR protection

2010-05-03 00:00:00

WASHINGTON, May 2 (PTI): The United States has placed India along with 10 other countries on its 'priority watch list' for not providing adequate levels of protection or enforcement of Intellectual Property Rights. In its annual report on adequacy and...

Greece to unveil new austerity cuts for bailout package

2010-05-03 00:00:00

ATHENS, May 2 (AFP): The Greek government prepared to launch today a fresh round of unpopular austerity cuts in order to secure loans desperately needed from the EU and IMF to regain control of a spiraling debt crisis. At the...

EU considers creating own rating agency

2010-05-03 00:00:00

PARIS, May 2 (Xinhua): The Europe Union was considering to put on table the idea of creating a European rating agency, the European Commissioner for Internal Market Regualtion Michel Barnier declared in an interview published Friday. "I am considering, no...

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...