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Federer to miss Kooyong Classic

2010-01-12 00:00:00

SYDNEY, Jan 11 (AFP): World number one Roger Federer will not play in this week's Kooyong Classic in Melbourne, preferring to practise ahead of next week's Australian Open, tournament officials said Monday. Tournament Director Colin Stubs said he had been...

India appoints Eric Simons as bowling coach

2010-01-12 00:00:00

NEW DELHI, JAN 11 (AP): The Indian cricket board says it has appointed former South Africa coach Eric Simons as the national team's new bowling coach."Simons has been appointed bowling consultant of the Indian cricket team for the test series...

BCB announces Test squad for Indian series

2010-01-12 00:00:00

Bangladesh Cricket Board announced in the city Monday the name of 14 players who will be representing Bangladesh against India in a two match series beginning from January 17 at the port city of Chittagong, reports BSS.Skipper Mashrafee bin Motaza...

Dhaka, Delhi sign 3 accords, 2 MoUs

2010-01-12 00:00:00

NEW DELHI, Jan 11: Bangladesh and India Monday signed five deals, three for mutual actions against crimes and terrorism while one each on cooperation in power sector and on cultural exchanges between the two close neighbours, report agencies.The former three...

SCB boards to exercise full authority

2010-01-12 00:00:00

Nazmul AhsanThe Ministry of Finance (MoF) has decided to give more autonomy to three government -owned corporatised banks to help them compete with private commercial banks better, official sources said.The autonomy will be given to the management of banks in...

WB offered new role in Padma bridge project

2010-01-12 00:00:00

Munima SultanaThe government has decided not to select the World Bank as the lead donor for the Padma multipurpose bridge project and requested the lending agency to play a coordinator's role in the project to avoid conflicts with other development...

Hasina rules out doing anything that goes against nation’s interests

2010-01-12 00:00:00

NEW DELHI, Jan 11 (UNB): Prime Minister Sheikh Hasina, here for talks with the Indian government leaders on a wide agenda, categorically said her government would not do anything that goes against the interest of Bangladesh's people.She also strongly stated...

Govt mulls cut in savings tools interest rates

2010-01-12 00:00:00

Doulot Akter MalaThe government is actively considering a cut in interest rates of saving instruments in a bid to balance it with the rates of commercial banks.Internal Resources Division (IRD) of finance ministry is conducting a study to harmonise the...

Expedite stimulus handouts to save exporters: CPD

2010-01-12 00:00:00

FE ReportThe government should accelerate handing out cash subsidies to exporters as the global crisis has started biting the export sector, the head of Centre for Policy Dialogue (CPD) said Monday. Prof Mustafizur Rahman, executive director of CPD, said exporters...

Stocks rise for 15th straight session

2010-01-12 00:00:00

FE ReportDhaka stocks rose for the 15th straight session Monday, led by financials and Grameenphone, amid volatile trading. The market started with a very positive notion gaining 23 points in the first 15 minutes of trade. After gaining a little...

SSC exam deferred to Feb 11 for SA Games

2010-01-12 00:00:00

The Secondary School Certificate (SSC) and its equivalent examinations-2010 will now begin on February 11 instead of February 1 on account of the 11th South Asian Games to be held in Bangladesh. An official announcement said the decision on deferment...

22 banks join Basel-II regime, others poised to sign deal

2010-01-12 00:00:00

FE ReportTwenty-two banks have already complied with the minimum capital requirement of Basel II accord as Bangladesh Bank (BB) strives to develop a sound financial system in the country. "We are regularly consulting with the banks to make them prepare...

Top five missions fail to achieve export target in July-Oct

2010-01-12 00:00:00

Mashiur RahamanThe country's export earnings from the top five overseas missions displayed poor performance during the first four months of the current fiscal, hinting a gloomy export scenario at the year-end."Earnings from all the top five missions are below their...

Charge sheet in BDR carnage by Jan 31

2010-01-12 00:00:00

The Criminal Investigation Department (CID) will draw up charge sheet against 2,000 BDR personnel and some civilians by the end of this month implicating them in the brutal killings during the February 25-26 BDR carnage at Pilkhana last year, official...

Insurers post impressive premium despite odds

2010-01-12 00:00:00

S M JahangirThe country's insurance industry, despite having an economic slowdown caused by the global recession and drive against graft by the immediate-past caretaker government, posted a hefty 22 per cent growth in premium income in 2008 compared to the...

Chinese banks grab top spots in global rating

2010-01-12 00:00:00

From Fazle Rashid NEW YORK, Jan 11: It is China all the way. The news day before was that China has toppled Germany as the "champion of world export". The news today is Chinese banks have consolidated their positions as...

Ctg port dock workers go on non-stop siege from today

2010-01-12 00:00:00

CHITTAGONG, Jan 11 (UNB): Dock workers at Chittagong Seaport Monday announced a non-stop siege programme from tomorrow (Tuesday) to realise their four-point demand, in what looks like a return of the trade-union troubles of the yesteryears.Jahangir Alam Chowdhury, convener of...

RMG unrest leaves 40 hurt at Ashulia

2010-01-12 00:00:00

FE ReportNearly 50 garment factories have suspended production on Monday as thousand of workers clashed with police demanding wage-hike and other benefits that left at least 40 injured at Ashulia Industrial belt.Witnesses said some nine thousand workers of three units...

Narrowing Indo-Bangladesh trade gap

2010-01-11 00:00:00

THE countervailing duty recently imposed by India on apparel items made of cotton and blended or other natural and manmade fibre fabrics, as reported in this paper last Saturday, is a portentous signal. And to make things worse for the...

The dilemma posed by sick industries

2010-01-11 00:00:00

Shamsul Huq Zahid It is nothing unusual for an industrial unit becoming sick. A single or a variety of reasons may come into play for making an industrial unit sick. Poor project appraisal or bad management or non-availability of required...

For a more investment-friendly policy framework

2010-01-11 00:00:00

Md. Joynal Abdin ECONOMIC reforms can bring sustainable growth for Bangladesh. It has to diversify its exports and reduce dependence on readymade garment for forex earning. Bangladesh can revive its jute goods' export market. At the same time, it should...

After Nine Years

2010-01-11 00:00:00

Sick greediness, and/or sick jealousy are spreading all over Bangladesh like a wild-fire.Last time, when I went to Bangladesh in 2000, it was still a green all over country specially Dhaka city like an evergreen rain forest. If you were...

Autonomy for BTV

2010-01-11 00:00:00

FOR state-owned Bangladesh Television, autonomy remains as elusive as ever. All the government used it for sheer publicity. Despite promises, no government ever gave it autonomy. All the political parties promise before each general election that BTV would be given...

Immigration policy and known unknowns

2010-01-11 00:00:00

Fazal M. KamalEVEN though the flow of immigrants to the United States has slowed down considerably post 9/11, primarily due to the tightening of restrictions and to some extent because of the global recession which has hurt the world's largest...

Issues that continue to cause concern

2010-01-11 00:00:00

Shamsher ChowdhuryTHE other day I was talking to one of our most renowned Oncologist who is also internationally known. Obviously one thing led to the other and needless to say that we finally ended up talking about politics and the...

Syed Mahbub Murshed: A unique voice

2010-01-11 00:00:00

Halima AkhtarTHE poet Alfred Tennyson composed his famous "In Memoriam" after the demise of his intimate friend Arthur Hallam. Syed Mahbub Murshed's achievements warrant a comparable "In Memoriam", but we are without the illustrious talent of Tennyson.S M Murshed is...

Delta, American investment in JAL put on ice

2010-01-11 00:00:00

TOKYO, Jan 10 (Reuters): Delta Air Lines and American Airlines will not be invited to invest in Japan Airlines until after new management has been put in place, if ever, a person familiar with the matter said.The government has sounded...

China vows to keep 'hot money' out of property market

2010-01-11 00:00:00

BEIJING, Jan 10 (Reuters): China vowed Sunday not to let foreign speculative investment affect the property market, the latest expression of official concern that real-estate prices are racing ahead too fast.The directive from the State Council, China's cabinet, will serve...

Nissan to offer nine models in India soon

2010-01-11 00:00:00

NEW DELHI, Jan 10 (Reuters): Nissan Motor Co will soon offer a line-up of nine vehicles in India including five built locally as it aims to catch up with rivals in the fast-growing market, the head of its Indian operations...

United Airways holds AGM

2010-01-11 00:00:00

The fourth annual general meeting (AGM) of United Airways (BD) Limited was held at Uttara in the city recently, according to a press release. Chairman and Managing Director of the company Tasbirul Ahmed Choudhury presided over the meeting.A large number...