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Sri Lanka win gold in Men's 170 km cycling

2010-02-03 00:00:00

KHULNA, Feb 2 (BSS): Cycling Event of 11th South Asian Games 2010 was completed here today through Sri Lanka notched the gold in Men's 170 km Road Race Mass Start. India who showed the supremacy on last three days had...

Lanka drub Nepal in SA Games hockey

2010-02-03 00:00:00

Sri Lanka put behind its first match's disappointment with a thumping 15-1 victory over Nepal in their second 11th South Asian Games Hockey at Moulana Bhasani National Hockey Stadium in the city Tuesday, reports UNB.It was also the same old...

Lanka dash Bangladesh hope in T20

2010-02-03 00:00:00

Sri Lanka notched-up a crucial win over host Bangladesh in the 11th South Asian Games Cricket when they recorded an interesting 18-run victory at Shaheed Kamaruzzaman Stadium in Rajshahi Tuesday, reports BSS. Medium pacer Ishan Jayaratne played a key role...

Final medal table of the 11th SA Games on 5th day Tuesday

2010-02-03 00:00:00

Country  Gold   Silver   Bronze  TotalIndia 15  3  7  25Pakistan  6  11  4  21Sri Lanka  3  9  5  17Bangladesh  3  4  9  16Afghanistan  0  0  5  5Nepal  0  0  6  6Maldives  0  0  0  0Bhutan  0  0  0  0

Market shrugs off regulator's latest cooling measures

2010-02-03 00:00:00

FE ReportDhaka stocks set new records both in turnover and rise of the market Tuesday, despite the securities regulator's market cooling measures as money from new investors continued to be pumped into the market.The flow of fresh fund shrugged off...

Dealing with ethereal syndicates

2010-02-03 00:00:00

Shamsul Huq Zahid The evil called 'syndicate' of unscrupulous traders has again been identified for the unabated rise in the prices of essentials.The parliamentary standing committee on commerce ministry last Sunday held a 'syndicate' of 20 to 25 unscrupulous traders...

SC dismisses 5th amendment petitions with observations

2010-02-03 00:00:00

The Appellate Division of the Supreme Court (SC) Tuesday dismissed the petitions seeking leave to file regular appeal against a High Court (HC) verdict that declared illegal the 5th Amendment to the constitution, report agencies. The amendments brought in 1979...

Commerce ministry seeks info on import LCs from BB

2010-02-03 00:00:00

FE Report The Ministry of Commerce has asked the central bank to furnish details on opening and settlement of import LCs (letters of credit) for 13 essential items on weekly basis. The government has taken the latest move aiming to...

Bidding for OCL shares set to begin by mid-Feb

2010-02-03 00:00:00

Sheikh Shahariar ZamanBidding for shares of Ocean Containers Limited (OCL) is expected to begin by mid-February as the finance ministry has given its nod to the company to offload shares through direct listing.The ministry also approved direct listing of Khulna...

Tenders for nine power plants likely this month

2010-02-03 00:00:00

Under a mega plan to bring the country to a zero load-shedding level from present nagging crisis, the government is likely to invite tenders within the current month to set up more than nine power plants having a total capacity...

VoIP materials worth Tk 10m seized

2010-02-03 00:00:00

Officials from Bangladesh Telecommunication Regulatory Commission (BTRC) seized VoIP (Voice over Internet Protocol) materials worth Tk 10 million (1.0 crore) from a house at Paltan in the city Sunday. On a tip-off, the country's telecom regulator, in assistance with law-enforcers,...

Body formed to probe BB fire

2010-02-03 00:00:00

Bangladesh Bank (BB) has constituted an inquiry committee to investigate the fire caused by a short circuit at the central bank Tuesday morning, officials said. The fire incident occurred at the 'air handling' room, situated on the 4th floor of...

Core Committee submits report on NBR digitisation programme

2010-02-03 00:00:00

Nazmul AhsanA Core Committee formed to help digitise the National Board of Revenue (NBR) at an estimated cost of Tk. 1.0 billion has identified a number of challenges and recommended actions to meet the same, official sources said.The committee, headed...

Efficient Lighting Initiative scheme to save 500-megawatt power

2010-02-03 00:00:00

The Executive Committee of the National Economic Council (ECNEC) Tuesday approved Efficient Lighting Initiative (ELI) for Bangladesh scheme aimed at saving some 500-megawatt electricity by June 2011, reports UNB.The ELI for Bangladesh (Part-1 & Part-II) project under the Power Division...

Jute spinners concerned over shortage of raw jute

2010-02-03 00:00:00

FE ReportThe country's jute mills are facing a drastic shortfall in supply of raw jute this year, which poses a threat to continued production in a number of units, the industry said.Voicing deep concern over the supply scarcity of raw...

Bangladesh 'replacing China as major exporter of cheap RMG'

2010-02-03 00:00:00

Our CorrespondentCHITTAGONG, Feb 02: The RMG exporters today said that Bangladesh is gradually replacing China as a major exporter of cheap readymade garment as the developed countries are yet to recover from the global recession. "The country's RMG sector was...

Demand for kerosene goes up following gas crisis

2010-02-03 00:00:00

FE ReportThe demand for kerosene has increased at least 30 per cent in recent weeks following mounting gas crisis in the city and peripheral areas, officials at the Bangladesh Petroleum Corporation (BPC) said Tuesday. The ongoing gas crisis forced many...

Financial assets of 'capital market must be enhanced'

2010-02-03 00:00:00

FE ReportPrime Minister's Economic Affairs Adviser Dr Mashiur Rahman has said the financial assets of the capital market must be enhanced and the risk of investments should be kept at a tolerable level.The adviser said this in his address as...

Gov expands OMS of rice to div cities

2010-02-03 00:00:00

The government Tuesday decided to introduce the Open Market Sale (OMS) of rice in six divisional headquarter of the country, reports BSS.The Ministry of Food and Disaster Management at a high-level meeting took the decision that 25 tonnes of rice...

Sri Lanka: the challenge of national reconcilation

2010-02-02 00:00:00

The worst is behind Sri Lanka since May last year when the 26-year civil war in the island nation ended with the total defeat of the Tamil Tigers. But the ethnic and religious divisiveness and bitterness continue to plague the...

How to digitise Bangladesh

2010-02-02 00:00:00

Syed Ahsanul AlamDIGITAL Bangladesh does not necessarily mean one man one computer. For the near future neither does it mean 100 per cent computer literacy or Internet connectivity. But it definitely underscores networking all the administrative units in the country....

Reform of higher education, UGC overdue

2010-02-02 00:00:00

Prof. Lutfor Rahman The University Grants Commission of Bangladesh in its report recently states that the public and private universities were largely unable to meet the objectives of higher education. Among contributing factors it identified influence of partisan politics on...

Safe roads or wayside tree?

2010-02-02 00:00:00

A road accident in Faridpur on the dawn of the New Year's Day claimed 18 lives and left many more wounded, all passengers of a bus. A number of dailies could not publish the news in the front pages. Resignation...

Drug issues

2010-02-02 00:00:00

It is necessary for the government to regulate drug prices. The companies, under the free market system, may be allowed to go on setting drug prices but they should be clearly warned and obliged to do so-- reasonably and ethically--...

Renovating kitchen markets

2010-02-02 00:00:00

A Bengali daily carried a news, rather a plea, to renovate Katalbaghan kitchen market and narrated the woes of marketgoers there.Well, whoever has ever seen a renovated, spick and span kitchen market anyway? Kitchen markets have through the ages grown...

The question of religion studies at primary level

2010-02-02 00:00:00

Tayeb HusainRECENTLY Prime Minister (PM) Sheikh Hasina announced that "the government will introduce religion studies at primary level through the new education policy and raise allowances for the Imams". She further went on to say that "The government will also...

Not to forget who we are

2010-02-02 00:00:00

Sayed Javed AhmadBISHWA Ijtema (world congregation or global congregation or meeting) ended last month. It is said that approximately 2.5 million (25 lakh) people attended the programme, which basically is an annual Tablighi jamaat (conveying group), an Islamic movement congregation....

Obama and Latin America

2010-02-02 00:00:00

Jorge HeineAS we approached the first anniversary of President Obama's inauguration, all eyes were set on health care reform and its ultimate fate in the Congress. In foreign affairs, the war in Afghanistan held center stage. Less attention had been...

Asian shares fall to three-month lows

2010-02-02 00:00:00

SINGAPORE, Feb 1 (Reuters): Asian stocks fell to three-month lows Monday with investors cautious after new data strengthened the case for tighter Chinese monetary policy and as attention focused on key US economic reports due this week.European shares were also...

Toyota recall spreads to cars in ME

2010-02-02 00:00:00

TOKYO, Feb 1 (Economic Times): Toyota Motor Corp said it is recalling 2005-2010 model year Avalons and 2009-2010 Sequoia cars in the Middle East to fix faulty accelerator pedals that have led to the recall of a combined 4.4 million...