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The need to increase food output

2009-11-01 00:00:00

Nurul HudaBangladesh has compelling reasons to increase its food production on a priority basis. The country produces most of its food requirement and imports meet the limited shortfall. It is a delicate balance which, if it tilts negatively due to...

Myanmar should obey diplomatic norms

2009-11-01 00:00:00

Myanmar's recent construction of a barbed wire fence is an unfriendly move against Bangladesh. Was the example taken from our neighbour India? According to international law, no country can build any fence along its border. We, as an independent country,...

Combating terrorism in Pakistan

2009-11-01 00:00:00

THE bomb blast in Peshawar that killed over a hundred people is a warning to not only Pakistan but also Bangladesh. The spate of terrorist attacks poses a challenge to the whole world. There can be no second opinion that...

One polytechnic for each Upa-zilla

2009-11-01 00:00:00

Bangladesh has been expanding its industrial base for the last two decades. Development worth mentioning has been achieved in sectors like readymade garments, cement, textiles, steel, sugar, paper, pharmaceuticals, ship-breaking and shrimp culture. Manpower export has already proved to be...

Use and abuse of mobile phones

2009-11-01 00:00:00

Shamsher ChowdhuryLet me begin by saying that the advent of mobile phones has been one of the unique features of modern day information technology (IT) technologies. It has been so, for all sections of the people all over the world,...

Kill, but don't torture

2009-11-01 00:00:00

Maswood Alam KhanThe footages and the stories about the accused former home minister Lutfozzaman Babar recently aired by all the TV channels and printed on the front pages of almost all the newspapers with a picture of the accused seated...

American journalism needs public support

2009-11-01 00:00:00

Leonard DownieAmerican journalism is at a transformational moment, in which an era of dominant newspapers is rapidly giving way to one in which the gathering and distribution of news is more widely dispersed. As is the case with regional newspapers...

Commodities mostly drop in choppy week as US economy recovers

2009-11-01 00:00:00

LONDON, Oct 31 (AFP): Commodities mostly fell in volatile trade this week as investors tracked sharp swings in global equities and the US dollar and news that the United States has escaped from recession. Official data showed Thursday that the...

400 fertiliser warehouses abandoned in Khulna

2009-11-01 00:00:00

KHULNA, Oct 29: More than 400 Bangladesh Agriculture Development Corporation (BADC) fertiliser warehouses have been laid up in abandoned condition in several places of the country including Khulna region. So, the BADC wealth worth about Tk 3.5 billion (350 crore)...

Mutual Trust Bank holds training on 'Banker's Loans and Advances'

2009-11-01 00:00:00

FE ReportMutual Trust Bank Ltd (MTB) organised a training course titled 'Banker's Loans and Advances' for its officers in the city recently.A total of 28 officers participated in the training course, said a press release. MTB Deputy Managing Director (DMD)...

Janata Bank to float closed-end mutual fund

2009-11-01 00:00:00

FE ReportThe board of director's of Janata Bank Ltd has approved a proposal to float a closed-end mutual fund, namely 'First Janata Bank Mutual Fund', worth Tk 2.0 billion (Tk 200.00 crore) subject to the approval of the Securities and...

India to import 30,000 tonnes of rice

2009-11-01 00:00:00

NEW DELHI, Oct 31 (PTI): The government is believed to have decided to import 30,000 tonnes of rice as public sector trading companies MMTC, PEC and STC Friday floated tenders to buy 10,000 tonnes of rice each from overseas markets....

Coal to fuel Australia's future

2009-11-01 00:00:00

BRISBANE, Oct 31 (Commodity Online): After cricket, what is the most important thing which helps Australia become a global leader? That is coal. And, according to a study, coal will be the most important driver of Australia's development in the...

New MD of SABINCO

2009-11-01 00:00:00

FE Report Mr Quazi Shairul Hassan has been appointed managing director (MD) of Saudi Bangladesh Industrial and Agricultural Investment Company Limited (SABINCO) -- an entity owned equally by governments of Saudi Arabia and Bangladesh.He is a management professional with more...

AKTEL signs deal with three IGW operators

2009-11-01 00:00:00

FE ReportAxiata (Bangladesh) Ltd, widely known by its brand name AKTEL in the country, signed an overseas communication agreement with three international gateway (IGW) operators, namely Mir Telecom Ltd, Bangla Trac Communications Ltd, and Novotel Ltd at its corporate office...

Diamond ban likely on Zimbabwe

2009-11-01 00:00:00

HARARE, Oct 31 (Commodity Online): Considering the army's involvement in smuggling illegally mined diamonds into world market, Zimbabwe is likely to be banned from the diamond trade.According to reports in the media, the ban has been recommended by a Kimberley...

Zakiul Banglink’s new director

2009-11-01 00:00:00

FE ReportBanglalink, a leading mobile operator, appointed Zakiul Islam as Director of their Regulatory and Legal Affairs, said a press release Wednesday.He has also been made responsible as the President of Association of Mobile Telecom Operators (AMTOB) for 2009-2010.Mr. Zakiul...

Bangladesh can grow as a major shipbuilding nation

2009-11-01 00:00:00

FE ReportA 23-member team of German Asia-Pacific Business Association (OAV), a network of German companies doing business in Asia, Thursday visited the Western Marine Shipyard Ltd in Chittagong.The OAV team, comprising representatives from shipbuilding, designing, engineering, energy and IT sectors,...

China's small co stock market starts trading

2009-11-01 00:00:00

HONG KONG, Oct 31 (AP): A Chinese stock exchange for small enterprises, modeled on the US-based Nasdaq market, started trading Friday and all 28 listed companies soared in price. Huayi Brothers Media Corp, one of China's top movie studios, soared...

Sensex entrenched in consolidation zone, loses 5.44pc in week

2009-11-01 00:00:00

BOMBAY, Oct 31 (Sify.com): Indian equities markets entered into a consolidation zone with analysts terming the downward movement as long expected. A benchmark index fell 5.44 per cent from its last weekly close and ended trade below the 16,000-mark. The...

Tofazzal elected chairman, Nawab vice-chairman of Islami Insurance

2009-11-01 00:00:00

The board of directors of Islami Insurance Bangladesh Limited unanimously elected Tofazzal Hossain chairman and re-elected Md Ismail Nawab vice-chairman of the company at its 108th board meeting held in its head office in the city recently.New Chairman Tofazzal Hossain...

Ford hopes dim as workers veto changes

2009-11-01 00:00:00

DETROIT, Oct 31 (AP): Ford Motor Co's hopes for a cost-cutting labour agreement grew dimmer, with a key local union in Kentucky rejecting changes to workers' contracts.Eighty-four per cent of workers at United Auto Workers Local 862 in Louisville voted...

IPO Diary

2009-11-01 00:00:00

Golden Son LimitedNature of BusinessGolden Son Limited is involved in producing and exporting non-electrical and Sports items to Taiwan, U.K, Canada, South Africa, Australia, Hong Kong and Singapore.Subscription OpenNovember 08, 2009Subscription CloseNovember 12, 2009 For Non resident BangladeshiNovember 08, 2009...

Abdullah to pull out of Afghan runoff

2009-11-01 00:00:00

KABUL, Oct 31 (AP): Afghan presidential challenger Abdullah Abdullah plans to boycott next week's runoff against incumbent Hamid Karzai following a breakdown in talks on how to fix the country's electoral crisis, two people familiar with the discussions said.A boycott...

Roadside bomb kills 7 soldiers

2009-11-01 00:00:00

ISLAMABAD, Oct 31 (AP): A government official says seven paramilitary soldiers were killed when their vehicle was hit by a roadside bomb in a tribal region of northwestern Pakistan.Ghulam Farooq Khan says the vehicle was moving Saturday when it was...

Typhoon cuts power,uproots trees in Philippines

2009-11-01 00:00:00

MANILA, Oct 31 (Reuters): The third typhoon to hit the Philippines in five weeks slammed into the main island of Luzon on Saturday, uprooting trees and toppling power lines, but there were no immediate reports of widespread damage.Authorities canceled about...

news digest

2009-11-01 00:00:00

Mozambique president leads election results MAPUTO, Oct 31: Mozambican President Armando Guebuza and his ruling party Friday held huge leads in the country's fourth democratic elections, according to the latest results. Guebuza held 78 percent of the vote with 52...

Most SOEs now profit-making ventures : Dilip Barua

2009-11-01 00:00:00

CHITTAGONG, Oct 31 (BSS): Industries Minister Dilip Barua Saturday categorically rejected the notion that the state-owned enterprises (SOEs) meant mismanagement and losing concerns, saying most SOEs under the Ministry of Industries (MoI) had started making profits after the present government...

Labour leaders demand wage board for workers

2009-11-01 00:00:00

FE ReportLabour leaders have urged the government to constitute a national minimum wage board for the workers in the country.They made the demand at a consultation meeting in the city Saturday with the president of the parliamentary standing committee on...

Subarna coach fitted with LCD TV sets

2009-11-01 00:00:00

FE ReportAn intercity special coach of Subarna Express has been fitted with two LCD television sets provided by Grameenphone for viewing by passenger during their journey in a function at the Kamlapur Railway Station Saturday.Communication minister Syed Abul Hossain inaugurated...