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Swine flu

2009-08-25 00:00:00

TWO leading English medium schools in Dhaka city, according to reports in the media published on Sunday, have shut down for an indefinite period amidst fears that the number of swine flu cases might increase in the country. Experts, however,...

Sunday as weekly holiday

2009-08-25 00:00:00

FOR making Fridays and Saturdays the weekend, Bangladesh remains cut off from the rest of the business world for three consecutive days. As a result, business activities or transactions come to a halt for three consecutive days or nearly a...

'The Musical Storm'

2009-08-25 00:00:00

Onto Mian'THE Musical Storm' is a 250-page exhaustive book on the celebrated Indian maestro AR Rahman. In this regard, one can comfortably state that the author Kamini Mathai had to work hard for writing the book, which in no can...

Political culture: Bangladesh lags behind

2009-08-25 00:00:00

Emdadul HaquePRIME Minister Sheikh Hasina, who is also the president of ruling Awami League recently called upon the party leaders and activists to dedicate themselves to the service of the people remaining above all greed, inducement and political vengeance. She...

TallTales &Trouble

2009-08-25 00:00:00

The mahurat of "Hae Prem Hae Bhalobasha" was held recently. The director of the film is Nazrul Islam Khan and the producer is Khorshed Alam Khosru. Among those who were present at the mahurat was the hero of the film...

An evening with writers

2009-08-25 00:00:00

FE ReportThe writers.ink celebrated its fourth anniversary with "An Evening with Writers" held recently at 'omni books,' Genetic Plaza in the city's Dhanmondi-27. Eminent poet Abul Hussain cut a cake marking the occasion. The writers and translators read out from...

Pakistan stocks may advance

2009-08-25 00:00:00

ISLAMABAD, Aug. 24 (Bloomberg): Pakistan stocks, Asia's cheapest, may rebound as falling inflation and the tripling of foreign exchange reserves help to boost the nation's equities, Credit Suisse Group AG said.The Karachi Stock Exchange 100 Index gained 2.4 per cent...

BSE launches IPO index

2009-08-25 00:00:00

MUMBAI, Aug 24 (Reuters): Bombay Stock Exchange, Asia's oldest bourse, Monday launched an initial public offering (IPO) index to track the value of stocks for two years after listing.The BSE said its IPO index will track companies which have a...

European shares, US Futures climb, BHP Billiton gains

2009-08-25 00:00:00

LONDON: Aug. 24 (Bloomberg): Stocks in Europe and Asia advanced and US index futures rose as higher commodity prices boosted the earnings outlook for metal producers.BHP Billiton Ltd. and Rio Tinto Group gained as copper rallied in London and Shanghai....

Soybeans may surge to record $20

2009-08-25 00:00:00

NEW YORK, Aug. 24 (Bloomberg): Soybeans may rise to a record $20 a bushel, more than double today's price, amid low stockpiles in the US, a weaker dollar and increased demand as the global economy recovers, according to Standard Chartered...

Gold may drop after biggest gain

2009-08-25 00:00:00

LONDON, Aug. 24 (Bloomberg): Gold, little changed in Asian trading, may decline after the biggest rally in three weeks spurred investors to sell the precious metal.Bullion typically moves inversely to the dollar and gained 1.4 per cent on Aug. 21...

Toyota to recall faulty sedans made in China

2009-08-25 00:00:00

SHANGHAI, Aug 24 (Reuters): Toyota Motor Corp (7203.T) will recall 688,314 Camry and other sedans made at its two China joint ventures from Tuesday, its largest recall in the country, to fix a faulty electric switch to the window.But analysts...

Oil rises in Asia

2009-08-25 00:00:00

SINGAPORE, Aug 24 (AFP): Oil prices rose in Asian trade today, bolstered by improved investor sentiment amid widespread hopes for a global economic recovery, analysts said. New York's main contract, light sweet crude for October delivery, gained 38 cents to...

Drought may reduce Indian oilseeds harvest

2009-08-25 00:00:00

NEW DELHI, Aug. 24 (Bloomberg): India, the world's biggest buyer of palm oil after China, may produce fewer monsoon-sown oilseeds as dry weather in the main growing areas reduced sowing of peanuts.Output may be 12 to 15 per cent less...

Yen drops in Asia on economic optimism

2009-08-25 00:00:00

TOKYO, Aug 24 (AFP): The dollar and the euro climbed against the safe-haven yen in Asian trade today as hopes grew that the world economy is heading towards a recovery, dealers said. The dollar rose to 94.90 yen in Tokyo...

Iraq's July oil exports highest since 2003

2009-08-25 00:00:00

BAGHDAD, Aug 24 (AFP): Iraqi oil exports in July reached their highest level since the 2003 US-led invasion that toppled dictator Saddam Hussein, oil ministry spokesman Assem Jihad said yesterday. Exports rose to 63.1 million barrels last month from 57.7...

Indian council to discuss energy efficiency mission

2009-08-25 00:00:00

NEW DELHI, Aug 24 (PTI): After setting a target of generating 20,000 MW solar power by 2020 under the Solar Mission, the Prime Minister's Council on Climate Change will take up the National Mission for Enhanced Energy Efficiency (NMEEE) at...

Pyongyang must scrap nukes: US, S Korea

2009-08-25 00:00:00

SEOUL, Aug 24 (AFP): South Korea and the United States will not be swayed by North Korea's peace overtures unless it gives up its nuclear weapons, Seoul's foreign ministry said Monday.Senior visiting North Korean officials met President Lee Myung-Bak Sunday...

Venezuela repeats at Miss Universe contest

2009-08-25 00:00:00

NASSAU, Aug 24 (AP): Miss Venezuela was the fairest of them all once again, winning the 2009 Miss Universe crown for the second year straight and the sixth time since the pageant's creation.Dressed in a flowing red gown, 18-year-old Stefania...

Iran tells world powers to stop countering nuke drive

2009-08-25 00:00:00

TEHRAN, Aug 24 (AFP): Iran told world powers Monday they must stop working against its atomic drive and instead adopt a policy of interaction with the Islamic republic to resolve the nuclear crisis."It is the right time for the other...

Cannabis chemicals may help fight prostate cancer

2009-08-25 00:00:00

LONDON, (Reuters): Chemicals in cannabis have been found to stop prostate cancer cells from growing in the laboratory, suggesting that cannabis-based medicines could one day help fight the disease, scientists said recently. After working initially with human cancer cell lines,...

Afghan TV journo gunned down in Pakistan

2009-08-25 00:00:00

JAMRUD, Pakistan, Aug 24 (AP): Gunmen shot dead an Afghan television journalist and severely wounded his colleague Monday in restive northwestern Pakistan.Janullah Hashim Zada, who worked for Afghan-based Shamshad TV, was gunned down as he travelled on a public minibus...

news digest

2009-08-25 00:00:00

Three NATO troops killedin AfghanistanKABUL, Aug 24: Three NATO troops - two from Estonia and one from the United States - were killed in attacks in southern Afghanistan, the latest casualties in a particularly bloody summer, authorities said Monday. The...

Citi to provide Bangladesh Bank with global custody services

2009-08-25 00:00:00

FE ReportCiti Securities and Fund Services, a division of Global Transaction Services, has been mandated by Bangladesh Bank to provide global custody services. Under the mandate, Citi Securities and Fund Services will provide an array of global custody services to...

National Bank opens branch at Fenchuganj

2009-08-25 00:00:00

National Bank Limited (NBL) has recently opened its 109th branch at Fenchuganj in Sylhet, said a press release.Sponsor Director and Chairman of the bank Moazzem Hossain inaugurated the branch as the chief guest while Bangladesh Bank General Manager Jahangir Alam...

Singer’s efforts to create self-sufficiency among needy masses

2009-08-25 00:00:00

FE ReportFor Maya Rani Saha- a woman in her 40s from Khulna, sewing was more than a passion since she was in her nappies- a talent, she said, she inherited from her mother, whom she lost in her infancy.Very few...

Greater reliance on fiscal policy stressed to reduce inflationary pressure

2009-08-25 00:00:00

FE ReportThe Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI) has stressed the need for a greater reliance to be placed on fiscal policy measures that would reduce production costs, enhance output and supplies and thereby reduce the inflationary pressure.The...

Foundation stone of Habiganj Chamber of Commerce and Industry laid

2009-08-25 00:00:00

HABIGONJ, Aug 24 (BSS): The foundation stone of the Habiganj chamber of commerce and industry building was laid here today by M Abu Zahir MP in a simple ceremony.It will be a four-storied building at a cost of Taka 7.5...

Local investor to set up garment factory at CEPZ

2009-08-25 00:00:00

A local manufacturing company titled Modeste Limited will set up a garment factory at Chittagong Export Processing Zone (CEPZ) at a cost of US$ 5.098 million.In this connection, an agreement was signed between Bangladesh Export Processing Zones Authority (BEPZA) and...

WETEX begins in city

2009-08-25 00:00:00

FE ReportThe 6th Women Entrepreneur Trade Expo (WETEX) 2009 commenced on Monday in the capital in participation of women entrepreneurs from six countries showcasing exclusive eid-fashion wares under the same roof.The expo accommodated a total of 125 stalls where participating...