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Schoolboy crushed under wheels of bus at Kakrail

2010-02-04 00:00:00

FE ReportA six-year old student of Wills Little Flower School was crushed under the wheels of a bus in front of the school at Kakrail in the city Wednesday, police said. The child's mother was also injured in the tragic...

1,100 local miners on strike at Barapukuria

2010-02-04 00:00:00

FE ReportCoal extraction from the country's lone coalmine at Barapukuria continues despite enforcement of strike by a section of local miners, officials said Wednesday.The striking miners numbering around 1,100, employed on temporary basis by the Chinese contractor, are demanding enhancement...

Overseas workers send $950.92m home in Jan

2010-02-04 00:00:00

FE Report Bangladeshis working abroad sent home a record US$950.92 million in the first month of the calendar year, marking an 8.81 per cent growth over the previous month, officials said Wednesday. "The inflow of remittances picked up in January...

Fazlul Karim to be next Chief Justice

2010-02-04 00:00:00

Twice-superseded judge of the Appellate Division of the Supreme Court Mohammad Fazlul Karim is going to get the appointment as Chief Justice, a competent source in the Law Ministry told the UNB.The President will make the appointment in exercise of...

Stop intentional or unintentional food adulteration

2010-02-04 00:00:00

Millers in Rangpur have reportedly been using urea, this time to polish rice whiter than normal, to fetch a better price. It is unbelievable that these offenders are still unaware of the toxic effects of residual urea on the health...

Has the political culture changed, at all?

2010-02-04 00:00:00

Enayet Rasul BhuiyanThe immediate past caretaker government is criticized not unfairly for many of its transparent failures : the inability to conduct the anticorruption campaign neatly and effectively, for excesses committed against individuals-- violating their fundamental rights-- while carrying out...

Reducing losses of SOEs

2010-02-04 00:00:00

Mahmood RashidThe state owned enterprises (SOEs) under various sector corporations of the government have been a source of continuing drain of public resources . The losses have been rising, ebbing somewhat and rising again over the years. On the whole,...

Removing regional disparities

2010-02-04 00:00:00

STRONG evidence is there that two metro cities -- Dhaka and Chittagong -- have emerged as the main centres of economic activity of the country. The capital Dhaka with a population of about 15 million and the port city Chittagong...

More medical colleges needed

2010-02-04 00:00:00

BANGLADESH needs to address its deficiencies in medical education and service. The affluent go abroad for treatment whenever they need it. It speaks of the lack of confidence on available medical service. The costs are prohibitive for the poor and...

FDI in education

2010-02-04 00:00:00

A conducive environment and investment are pre-requisites for the improvement of the standard of education. The government alone cannot spend so much. Bangladesh can encourage foreign investment in education. Dr. M. Azizur RahmanVice Chancellor and Chief AdviserInstitute of Policy Research...

Asian stocks up on Wall Street rise

2010-02-04 00:00:00

HONG KONG, Feb 3 (AFP): Asian stocks were higher Wednesday, taking their lead from another Wall Street rally following strong corporate results, but Toyota was hit again as data showed US sales fell 16 per cent. The Japanese auto giant...

UK stocks advance as Standard Life soars

2010-02-04 00:00:00

AMSTERDAM, Feb 3 (Bloomberg): UK stocks advanced for a fourth day, led by shares of financial and basic resources companies, as a report showed UK consumer confidence rose in January.Standard Life Plc, Scotland's biggest insurer, surged 3.4 per cent after...

India urges European textile firms to invest more

2010-02-04 00:00:00

PARIS, Feb 3 (AFP): Indian Textiles Minister Dayanidhi Maran Tuesday urged European companies to invest more in his country as he insisted in Paris that India was a more lucrative destination than China. "Come, come, come and make money," Maran...

Khulna car fair opens

2010-02-04 00:00:00

Our CorrespondentKHULNA, Feb 3 : A three-day car fair styled Maruti-Suzuki Car Fair kicked off in the city's Ferry Ghat area Tuesday.Uttara Motors Ltd, Khulna organised the fair. Director (Marketing) of Uttara Motors Mir Mohammad Hossain inaugurated the fair as...

US chides Toyota over recall as carmaker defends reputation

2010-02-04 00:00:00

WASHINGTON, Feb (AFP): Toyota came under fire from a top US official for its handling of a massive recall Tuesday as the giant Japanese carmaker scrambled to reassure customers on safety. US Transportation Secretary Ray LaHood said Toyota's recall of...

Robust January sales boost steel stocks

2010-02-04 00:00:00

MUMBAI, Feb 03 (Commodity Online): Steel stocks gained on the bourses Wednesday pulling the benchmark index, Sensex to positive gains. Leading steel stocks posted moderate gains on the Bombay Stock Exchange (BSE) mainly on the back of improved sales figures...

China produces 313.98 tonnes of gold in 2009

2010-02-04 00:00:00

BEIJING, Feb 03 (Commodity Online): China Gold Association said country's gold output was 313.98 tonnes last year, up 11.34 per cent over 2008, exceeding 300 tonnes for the first time.According to latest statistics, CGA said in 2009, China's gold industry's...

Myanmar to cultivate more rubber to boost export

2010-02-04 00:00:00

YANGON, Feb 3 (Xinhua): Myanmar will cultivate over 67,600 more hectares of rubber in the southeastern Mon state under a regional five-year plan to boost export, sources with the Rubber Entrepreneurs Association said Wednesday. Noting that the country has so...

US food sector M&As to rise despite antitrust

2010-02-04 00:00:00

NEW YORK, Feb 03 (Commodity Online): As financial markets recover, mergers and acquisitions (M&A) in US food and agriculture are likely to build in 2010, according to a new Rabobank report. However, antitrust issues are likely to drive companies to...

Strong demand for cleaner varieties

2010-02-04 00:00:00

In the local tea market the demand was very strong particularly for the cleaner varieties of tea which advanced sharply. Blenders/Packers operated very strongly while there was a fair support from the Loose tea buyers. There was only a little...

Russia oil output up by 2.8 pc in January

2010-02-04 00:00:00

MOSCOW, Feb 03 (Commodity Online): One of the world's leading oil producers, Russia boosted crude output 2.8 per cent in January from a year earlier.According to country's Energy Ministry, the increase attributed after Russia's largest oil producer Rosneft ramped up...

Dollar stable in Asia

2010-02-04 00:00:00

TOKYO, Feb 3 (AFP): The dollar was steady in Asian trade Wednesday as investors focused on Greece's financial troubles, dealers said. The dollar stood at 90.43 yen in Tokyo afternoon trade, compared with 90.39 in New York late Tuesday. The...

Call to restore overseas employment opportunity for Monga-hit poor

2010-02-04 00:00:00

Our CorrespondentNILPHAMARI, Feb 3 : The government initiative to create overseas employment opportunity for the Monga-hit poor of the country's northern region proved to be a complete failure.In 2009, the government assigned a quota to send 18000 poor people from...

exchange rate

2010-02-04 00:00:00

February 03,  Wednesday The following were the commercial banks' rates to public for some selectedforeign currencies with Bangladesh Taka in cash transaction Wednesday.Selling rates to public (outward remittance)BankUSDEuroGBPJPYCHFCADAUDSCBsSonali Bank69.450097.4370111.30730.775966.089666.027161.7775Agrani Bank69.450097.2105111.27140.778366.015965.925161.5494FCBsStanChart69.65101.86113.440.7869.0268.3264.94HSBC 69.607098.5627112.72440.791966.477966.080862.2296Citibank naNANANANANANANABank of Ceylon69.540099.3475113.68660.795567.136566.171964.0811PCBsUttara Bank69.500097.8548111.63110.783465.915365.995561.8009AB Bank69.550099.1740113.01220.7875NANANABuying rates  from public (inward remittance)SCBsUSDEuroGBPJPYCHFCADAUDSonali...

Frustration growing at Haiti aid bottlenecks

2010-02-04 00:00:00

PORT-AU-PRINCE, Feb 3 (AP): The aid flooding into Haiti by plane and boat is not reaching earthquake victims quickly enough to stem growing unrest because of transportation bottlenecks and isolated violence.Many foreign aid workers and Haitians say ample donations are...

Ten Shiite pilgrims killed, 25 hurt in Karbala blast

2010-02-04 00:00:00

BAGHDAD, Feb 3 (AP): A bomb on a parked motorcycle exploded early Wednesday on the outskirts of the holy city of Karbala, killing at least 10 Shiite pilgrims and wounding around 25 others, officials said.The blast was the latest in...

Iran launches new research rocket into space

2010-02-04 00:00:00

TEHRAN, Feb 3 (AP): Iran announced Wednesday it has successfully launched a 10-foot-long research rocket carrying a mouse, two turtles and worms into space - a feat President Mahmoud Ahmadinejad said showed Iran could defeat the West in the battle...

Vote chief rejects Lankan rigging charges

2010-02-04 00:00:00

COLOMBO, Feb 3 (AFP): The Sri Lankan elections commissioner Wednesday rejected allegations that last week's presidential vote was rigged by incumbent Mahinda Rajapakse but raised questions over unfair campaigning.

US wary as Iran leader agrees nuke deal terms

2010-02-04 00:00:00

The US has reacted warily after Iran appeared to accept a deal to swap enriched uranium for nuclear fuel, reports BBC. President Mahmoud Ahmadinejad said Iran would have "no problem" if most of its stock was held for several months...

China 'resolutely opposes' Obama-Dalai Lama meet

2010-02-04 00:00:00

BEIJING, Feb 3 (AFP): China said Wednesday it 'resolutely opposes' any meeting between US President Barack Obama and the Dalai Lama, after a defiant White House insisted the talks would go ahead. "China resolutely opposes the Dalai Lama visiting America...