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$1.35b foreign aid received in first 9 months

2009-05-17 00:00:00

FHM Humayan KabirBangladesh has received a record foreign aid worth US$1.35 billion in the first three quarters of the current financial year despite the global economic meltdown that resulted in slashing of aid to poor nations, officials said Tuesday.The assistance...

HSBC organises training on security features of currencies

2009-05-17 00:00:00

FE Report HSBC Bangladesh organised a training session on 'Security Features of Local and Foreign Currencies' at its Banani training centre in the city recently, said a press release.Bangladesh Bank Currency Officer Md Golam Mostafa delivered his speech in the...

Greenback mostly steady against BDT

2009-05-17 00:00:00

Sarwar Zahan US dollar was mostly steady against Bangladesh taka (BDT) in the inter-bank foreign exchange market last week due to sufficient flow of the greenback, fund managers said. The demand for the greenback marked slight rise because of higher...

Report outlining technical aspects of DIP submitted to ministry

2009-05-17 00:00:00

Mahmuda Shaolin The technical committee of the Department of Immigration and Passport (DIP) submitted its report to the home ministry Thursday outlining the technical aspects of introducing machine readable passport (MRP) by April, 2010. After approval from the home ministry,...

GM, Chrysler to drop 1,900 dealers by end of 2010

2009-05-17 00:00:00

NEW YORK, May 16 (AP): A decision by troubled automaker General Motors to drop 20 per cent of its dealers is due in part to an oversized network that created stiff internal competition and gave shoppers too much leverage to...

AIBL holds workshop on 'Preparation of SBS-3 using BB Software'

2009-05-17 00:00:00

FE Report Al-Arafah Islami Bank Limited (AIBL) organised a workshop on 'Preparation of SBS-3 using BB Software' for its officers at AlBL Training and Research Academy in the city recently, said a press release. AIBL Managing Director MA Samad Sheikh...

Dhaka Regency caters UK Queen's birthday reception

2009-05-17 00:00:00

Dhaka Regency, a top business hotel in the city, catered the birthday reception of Queen Elizabeth II at the British High Commissioner's residence Thursday. This is for the second consecutive year they carried out the prestigious task despite the intense...

BKB's countrywide 'Modhumela' from today

2009-05-17 00:00:00

FE Report Bangladesh Krishi Bank (BKB) has organised a special business programme titled 'Modhumela' marking the 'Modhumash' Jaisthya of the Bangla year in order to gear up its disbursement and recovery of loans, said a press release. The fortnightly programme...

ICB AMCL declares NAV of two unit funds

2009-05-17 00:00:00

FE Report ICB Asset Management Company Limited (AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), recently announced Net Asset Value (NAV) of its two unit funds, said a press release. The total NAV of ICB AMCL Unit Fund stood...

Sanyo reports $976m loss

2009-05-17 00:00:00

TOKYO, May 16 (AFP): Japan's Sanyo Electric Co. Thursday reported a net loss of 976 million dollars for the past financial year due to falling sales and restructuring costs but said it expects to break even this year.Sanyo -- which...

Indian media projections give Congress grouping 250 seats

2009-05-17 00:00:00

NEW DELHI, May 16 (AFP): India's ruling Congress-led alliance was set to return to power after taking a clear and commanding lead Saturday in vote counting from the country's marathon general elections.As results poured in from the Election Commission, projections...

Japan's main opposition party elects new chief

2009-05-17 00:00:00

TOKYO, May 16 (AFP): Japan's scandal-shaken main opposition party Saturday chose political blue-blood Yukio Hatoyama as its leader ahead of a key election battle against Prime Minister Taro Aso this year.Hatoyama beat his rival Katsuya Okada by 124 votes to...

Lankan military cuts off rebel sea escape

2009-05-17 00:00:00

COLOMBO, May 16 (AP): Sri Lankan forces took control of the entire island's coastline Saturday, trapping the Tamil Tigers in a tiny p_ocket of territory and cutting off any sea escape for the rebels' top leaders, the military said.President Mahinda...

US drone, bomb kill 20 in Pakistan

2009-05-17 00:00:00

PESHAWAR, May 16 (Reuters): A bomb blew up in the northwestern Pakistani city of Peshawar Saturday killing 10 people, hours after a suspected US drone aircraft fired missiles at militants in another region on the Afghan border and killed 10.The...

Rocket hits Afghan mosque, five killed

2009-05-17 00:00:00

KHOST, Afghanistan, May 16 (AFP): Five people died when an Afghan mosque was hit by rockets fired from Pakistan by insurgents targeting a US military camp near the border, police and the US military said Saturday.The attack happened late Friday...

news digest

2009-05-17 00:00:00

Myanmar bars lawyer from Suu Kyi trialYANGON, May 16: Myanmar's military rulers disbarred a prominent lawyer who applied to defend pro-democracy leader Aung San Suu Kyi in her upcoming trial, the attorney said Saturday. Suu Kyi, who was taken from...

Study 'all' subjects all the time

2009-05-17 00:00:00

M A IslamSWAPNA is a student of HSC in a reputed college in Dhaka. She studies seriously for the whole semester. As goes her personal reading habit, she studies one subject for a few days, makes a considerable amount of...

Linking theoretical knowledge with practical life

2009-05-17 00:00:00

FE SpecialONE of the main reasons why many students are not interested in reading text books is that they cannot link the knowledge of the books with practical life. Often they cannot comprehend many issues. Sometimes they ask: what is...

Sunny guides Biman

2009-05-17 00:00:00

An all round performance by Elias Sunny enabled Bangladesh Biman to move into the final of the Public University & Services Cricket Tournament eliminating BUET by 65 runs in a rain-soaked semifinal at the Jahangirnagar University ground Saturday, UNB reports.The...

England declare on 569/6

2009-05-17 00:00:00

Tea England 569 for 6 dec (Collingwood 60*, Broad 28*) v West IndiesMatt Prior hit a quickfire 63 from 83 balls, and added 94 for the sixth wicket with Paul Collingwood, as England made up for lost time after the...

Pakistan discusses two WC options

2009-05-17 00:00:00

Pakistan has put forward two options as it strives to retrieve what benefits it still can from the 2011 World Cup. In a meeting with Sri Lanka board counterparts, Ijaz Butt, the Pakistan board chairman, suggested a swap for World...

Hayden pushes Chennai over line

2009-05-17 00:00:00

Chennai Super Kings 151 for 3 (Hayden 60*) beat Mumbai Indians 147 for 5 (Duminy 62, Nayar 33*, Jayasuriya 30) by seven wicketsSome of the most bizarre stats you will ever see in Twenty20 games added excitement to the chase,...

BCB XI face Maharashtra in first T20 today

2009-05-17 00:00:00

A 23-member Indian Ranji Trophy Cricket team, Maharashtra Cricket Association, led by Harshad Khadiwale, arrived in Dhaka Saturday on a 23-day tour to Bangladesh, reports UNB.During their Bangladesh tour, the visitors will play three Twenty20 matches against BCB XI, three...

Phelps wins in first final since Olympic glory

2009-05-17 00:00:00

CHARLOTTE, May 16 (AFP): US swim star Michael Phelps made a triumphant return in his first final since the Beijing Olympics, winning the 200-metre freestyle Friday at the Charlotte UltraSwim. In his first title showdown on the way to the...

Manchester Utd’s 3rd in a row

2009-05-17 00:00:00

MANCHESTER, May 16 (AP): Manchester United won the Premier League for the third season in a row Saturday after drawing 0-0 with Arsenal at Old Trafford.United needed only a point to clinch the title, and the result puts the club...

Islamist militancy under control: RAB chief

2009-05-17 00:00:00

Islamist militancy in Bangladesh is under control, Rapid Action Battalion (RAB) Director General Khandaker Hassan Mahmud has said on a private TV channel, reports bdnews24.com. "We can say very well that the religious militancy is under control. No major occurrence...

Khaleda to appeal to HC over affidavit today

2009-05-17 00:00:00

Former Prime Minister Khaleda Zia will appeal to the High Court (HC) today (Sunday) to submit her affidavit through the signature of a representative regarding government's second notice that asked her to leave the house at Dhaka cantonment, her lawyer...

Comprehensive approach needed for reducing risks of natural disasters

2009-05-17 00:00:00

RAJSHAHI, May 16 (BSS): Speakers at a daylong participatory workshop here Saturday underscored the need for a comprehensive approach for reducing the prevailing risks of natural disasters.They also noted that need-oriented and realistic plan should be formulated through wide-ranging survey...

Growth of mobile phone slows down drastically

2009-05-17 00:00:00

The growth of mobile phone in the country has slowed down drastically as major cellphone companies fully withdrew subsidy on SIM cards recently discouraging the people from taking new connections, reports BSS.The country has six mobile phone companies. They are...

BCL-ICS clash injures 20

2009-05-17 00:00:00

SATKHIRA, May 16 (UNB): At least 20 people were injured in a clash between Bangladesh Chhatra League (BCL) and Islami Chhatra Shibir (ICS) at a dormitory of Satkhira Government College Thursday night.Campus sources said the clash broke out between the...