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Pak court bans facebook over Mohammed cartoon page

2010-05-20 00:00:00

LAHORE, May 19 (AFP): A Pakistani court Wednesday ordered authorities to block Facebook in the country over a page encouraging users to post caricatures of the Prophet Mohammed on the site.Thousands of members of the social networking site have launched...

N Korea role in warship sinking 'obvious'

2010-05-20 00:00:00

South Korea's foreign minister says it is 'obvious' that North Korea sank a South Korean naval ship in March, reports BBC. Yu Myung-hwan said there was enough evidence to take the issue to the United Nations. The Cheonan warship went...

news digest

2010-05-20 00:00:00

Maoist landmine kills 4 Indian copsKOLKATA, May 19: Maoist rebels killed four paramilitary police Wednesday in a landmine attack in the eastern Indian state of West Bengal, police officials said. The attack came two days after the left-wing guerrillas blew...

Greek-style debt crisis could hit Japan, US: Roubini

2010-05-20 00:00:00

LONDON, May 19 (AFP): Greece's woes may be the start of a widening sovereign debt crisis that could tear through developed economies, including Japan and the United States, leading economist Nouriel Roubini warned yesterday. "What's happening in Greece is just...

Malaysia urges Muslim nations to promote Islamic finance

2010-05-20 00:00:00

KUALA LUMPUR, May 19 (AFP): Malaysia today urged Muslim countries to lead the way in advocating the Islamic finance sector, saying it expects the "positive trends" for the burgeoning industry to continue. Malaysia has been promoting Islamic finance -- which...

US provides rare praise to China's growth strategy

2010-05-20 00:00:00

WASHINGTON, May 19 (AFP): US President Barack Obama's administration yesterday heaped rare praise on China for its growth strategy even as lawmakers accused Beijing of hiding evidence of currency manipulation to gain an unfair trade edge. Obama's finance chief Timothy...

Mobile phone sales soar: study

2010-05-20 00:00:00

PARIS, May 19, (AFP): Global mobile phone sales soared by 17 per cent in the first quarter, driven by smartphone models, the Gartner tech industry research house said today. For the three months to March, some 314 million mobile phones...

Germany clamps down on speculative trading, euro slides

2010-05-20 00:00:00

BERLIN, May 19 (AFP): Germany clamped down on speculative trading, introducing new rules today in a bid to ease the market volatility it says threatens the eurozone economies. Germany's securities market regulator Bafin banned naked short sales of certain securities,...

EU-Latin America summit vows no protectionism

2010-05-20 00:00:00

MADRID, May 19 (AFP): The European Union and countries of Latin America and the Caribbean pledged to avoid protectionism at a summit yesterday, as the bloc and several Central American nations reached their first free trade deal. "We remain determined...

Tough rules protected Saudi banks

2010-05-20 00:00:00

RIYADH, May 19 (AFP): Strict monitoring and capital requirements helped Saudi banks skirt the worst of the global financial crisis, central bank chief Mohammed al-Jasser said yesterday. "By virtue of our conservatism, our financial and banking system was spared the...

Correction

2010-05-20 00:00:00

The name of the author of the article titled 'Exploitation of Phulbari coal deposit is a must', which was published in the May 18 issue of the Financial Express, was misspelled as AKM Sahmsuddin. The correct spelling of the name...

Police deny BNP allegations of AL blockades

2010-05-20 00:00:00

Police refuted the opposition BNP's allegations that ruling Awami League (AL) activists had placed obstacles on roads to prevent its party activists from arriving at its rally in Dhaka Wednesday, reports bdnews24.com.Khalilur Rahman, president of Kapasia chapter of the BNP,...

Mohiuddin Chy announces his resignation

2010-05-20 00:00:00

CHITTAGONG, May 19 (UNB): ABM Mohiuddin Chowdhury who is seeking re-election as Mayor of Chittagong has announced his resignation."I will resign at 10am tomorrow before filing nomination papers for the June 17 mayoral election," Mohiuddin, also president of Chittagong City...

Hasina asked to reveal her source of income

2010-05-20 00:00:00

Senior BNP leader Salahuddin Quader Chowdhury has asked Prime Minister Sheikh Hasina to reveal her source of income, reports bdnews24.com."People want to know the source of income of the prime minister," Chowdhury told the Dhaka divisional rally of BNP at...

Two outlaws held; arms recovered

2010-05-20 00:00:00

PABNA, May 19 (UNB): Police arrested two injured outlaws after a gunfight at Kuabasi village in Chatmohor Upazila Tuesday.The arrested persons were identified as Zahir and Moksed, cadres of ML Janajuddha faction of the Purba Banglar Communist Party.Being tipped off...

EC to warn Manju for violating election rules

2010-05-20 00:00:00

The Election Commission (EC) is going to issue a notice to prospective mayoral candidate Manjurul Alam Manju for violating the electoral code of conduct for the upcoming Chittagong City Corporation (CCC) polls, reports UNB.Monju, who is in the line to...

Manju collects nomination paper

2010-05-20 00:00:00

Our CorrespondentCHITTAGONG, May 19: Ward councillor and former acting mayor M Manjur Alam Manju said he will run Chittagong City Corporation election as a mayoral candidate from Chittagong Development Movement (CDM), a non-political forum of the pro-BNP professionals.He said this...

Deepening ties among Muslim nations is cornerstone of : FM

2010-05-20 00:00:00

Foreign Minister Dipu Moni said Wednesday that it was a cornerstone of Bangladesh's foreign policy is to deepen the bond between the brotherly Muslim countries, reports BSS. Addressing the 37th session of the Conference of Foreign Ministers (CFM) of OIC...

Withdrawal of another 437 cases recommended

2010-05-20 00:00:00

The government-sponsored high-powered committee Wednesday recommended the concerned authorities to withdraw more 437 cases including six cases filed by the Anti-corruption Commission (ACC) considering those as politically motivated, reports BSS. Chaired by State Minister for Law, Justice and Parliamentary Affairs...

AL MP assaults stationmaster

2010-05-20 00:00:00

PABNA, May 19 (bdnews24.com): An Awami League (AL) MP of Pabna reportedly assaulted a railway stationmaster early Wednesday, as he was not given a ticket for a deluxe cabin, police said.Train movement remained suspended for an hour after the incident.According...

'Laila' remains static, may hit Andhra

2010-05-20 00:00:00

The cyclonic storm 'Laila' has remained static and it likely to move to India particularly its Andhra Pradesh, reports BSS. Talking to the news agency, Met Office official said the possibility of the cyclone to hit the coast of Bangladesh...

ADP spending of land ministry soars to 68.80pc

2010-05-20 00:00:00

Fazlur RahmanThe Ministry of Land's annual development programme (ADP) spending shot up by over three-fold to 68.80 per cent in the first 10 months of the current fiscal year, officials said. The ministry had spent 68.80 per cent of its...

New CAAB chief takes over

2010-05-20 00:00:00

FE ReportAir Commodore Mahmud Hussain Wednesday joined office as the new chairman of Civil Aviation Authority of Bangladesh (CAAB).He attended his new office at the morning and held meetings with top CAAB officials, office source confirmed.Mr Hossain was made chief...

BOESL lobbying ROK hard to retain work permits of 500 job seekers

2010-05-20 00:00:00

FE ReportState-run manpower recruiter, BOESL, is lobbying South Korea hard to get back employment permits for more than 500 Bangladeshi jobseekers who are facing job losses for alleged negligence of officials.Muhammad Abdullah, managing director at Bangladesh Overseas Employment Services Ltd.,...

BB buying US dollars to keep forex market stable

2010-05-20 00:00:00

FE ReportThe central bank has recently strengthened its intervention in the foreign exchange market through purchasing US dollars from commercial banks to keep the market stable.Bangladesh Bank (BB) has taken the latest move to keep the rate of local currency...

Policemen to fly for Darfur UN peacekeeping mission

2010-05-20 00:00:00

Two more contingents of Bangladesh Police consisting of 140 members are going to join the United Nations peacekeeping mission in Darfur (Sudan) this month, reports UNB.Official sources said that 100 members from the two contingents were scheduled to leave Hazrat...

Separate lightnings kill four in Dinajpur

2010-05-20 00:00:00

DINAJPUR, May 19 (UNB): Four people, including three of a family, died in separate lightning incidents in Kaharol Upazila Wednesday. Chandana Roy (28), wife of Tapan Chandra Roy, and her two sisters-in-law Ratna (16), and Sadhana (14), died on the...

JS body on liberation war affairs ministry meets

2010-05-20 00:00:00

The 17th meeting of the Parliamentary Standing Committee on Liberation War Affairs ministry was held at the JatiyaSangsad Bhaban Wednesday, reports UNB.A report on the latest progress of implementation of decisions taken by the committee in its meetings from 1st...

CID misses 13th BDR investigation report deadline

2010-05-20 00:00:00

The Police Criminal Investigation Department missed its 13th BDR mutiny investigation report submission deadline Wednesday, reports bdnews24.com.Recently the department failed to meet the deadline of April 21.AKM Enamul Haque, a chief metropolitan magistrate, scheduled June 30 as the next date...

RCC to start its Tk 5.0b link road, housing projects

2010-05-20 00:00:00

RAJSHAHI, May 19 (UNB): Rajshahi City Corporation (RCC) started initial activities to launch two major development projects costing Tk 5.0 billion (500 crore) Tuesday. The RCC disclosed this following a meeting, chaired by Mayor AHM Khairuzzaman Liton, held in the...