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When roads are liabilities

Salahuddin Ahmed | 2009-03-12 00:00:00

ROAD networks in Bangladesh have been expanded tremendously over the years. But the country is not getting the optimum returns from this development. Roads are vital for the growth and development of any economy. Roads facilitate business activities and movement...

Murray hopeful over Masters event

2009-03-12 00:00:00

Murray will face either Florent Serra of France or Spain's Albert Montanes in his first match at the Masters Series event in Indian Wells in California, reports BBC.But the world number four is yet to confirm whether he has overcome...

Libya gives glimmer of hope as manpower export plunges

Mushir Ahmed | 2009-03-12 00:00:00

Libya brought a whiff of good news in manpower export as authorities launched a desperate search for new job destination for Bangladeshi workers, officials said Wednesday.Labour and Employment minister said 1166 workers found jobs in the oil rich North African...

Discontent in Bangladesh Railway

2009-03-10 00:00:00

BANGLADESH Railway (BR), the largest state-run transportation sector, is running with a lot of problems. Some problems have been created by the Railway administration itself that evoked serious discontentment among the victims.The BR authority has been ignoring the promotion of...

Australian help sought to improve quality of jute

FE Report | 2009-03-10 00:00:00

Bangladesh has sought cooperation from Australian government to improve the quality of jute and jute goods, and diversify its products.The government also asked for Australian support at the World Trade Organisation (WTO) for access of Bangladeshi products to the world...

Islam Group chairman honoured

2009-03-10 00:00:00

Chairman of Bengal Development Corporation (BDC), a unit of Islam Group, Manzurul Islam has been honoured with IFAWPCA Gold Medal for his extraordinary achievement in building up the construction sector.He also received awards for "Special Civil Engineering Contractor" and "Award...

Satyam starts bidding process for 51 pc stake sale

2009-03-10 00:00:00

MUMBAI, Mar 9 (AFP): Fraud-hit Indian outsourcing giant Satyam Computer Services said today it had started the bidding process to sell off a 51 per cent stake.Each interested bidder will have to show proof of availability of at least 15...

Biman return to winning track

2009-03-10 00:00:00

Riding on an all-round performance by Nazmus Sadat, Biman Bangladesh Airlines returned to the winning track in the Metropolis Premier Division Cricket League beating BKSP by five wickets at BKSP in Savar Monday, reports UNB.With the day's win, Biman share...

Lankan fighting surges, 150 rebels die

2009-03-10 00:00:00

COLOMBO, Mar 9 (Reuters): Sri Lankan soldiers killed at least 150 elite Tamil Tiger fighters carrying out waves of counterattacks, and the pace of refugees fleeing the tiny war zone picked up speed, the military said Monday.Heavy combat erupted over...

Seven dead in Uganda cargo plane crash

2009-03-10 00:00:00

KAMPALA, Mar 9 (AP): A cargo plane caught fire and crashed into Lake Victoria near Uganda's main airport Monday, killing seven people, an army spokesman said.A Burundian, a Ugandan and a South African were among the dead, Maj Felix Kulaigye...

India targets elite pool of players for Asian Cup scheme

2009-03-10 00:00:00

MUMBAI, March 9 (Reuters): The Indian soccer federation hopes to launch an ambitious two-year plan that will commit the country's leading players to preparations for the 2011 Asian Cup.Under the proposed 'Goal 2011' scheme, national coach Bob Houghton will name...

S.Korean aid agency to help Myanmar

2009-03-10 00:00:00

YANGON, March 9 (Xinhua): The Korean International Cooperation Agency (KOICA) of South Korea will help Myanmar implement five more projects this year, according to the project officials of the KOICA today.The five projects cover the sectors of electricity production, education,...

UK Minister due in city today

2009-03-10 00:00:00

Minister for International Development of the United Kingdom (UK) Mike Foster arrives in the city today (Tuesday) on a three-day visit to Bangladesh, reports UNB.This is his first official visit to Bangladesh and first UK Ministerial visit after the current...

Ailing infrastructure, scarce land obstacles to setting up of SEZs

FE Report | 2009-03-10 00:00:00

Donors and experts at a discussion Monday said Bangladesh's ailing infrastructure and inadequate land are the major obstacles to setting up of the proposed special economic zones (SEZs).At a discussion on "Special Economic Zones Deep Dive" at the Radisson hotel...

Murshedy elected BGMEA president

FE Report | 2009-03-10 00:00:00

The newly-elected directors of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Monday unanimously elected Abdus Salam Murshedy as president and Nasir Uddin Chowdhury as first vice president of the country's apex apparel body for 2009-10.Mr Murshedy is the managing director...

Turnover rises to five-month high

FE Report | 2009-03-10 00:00:00

Dhaka stocks closed mixed Monday after sharp gain on the previous day with the turnover nearing Tk 5.0 billion mark.Beginning in a buoyant note, trading at the Dhaka Stock Exchange (DSE) fluctuated throughout the session, as the benchmark index rose...

Mahmood, Islam new chairman, secy of ICMAB's DBC

FE Report | 2009-03-10 00:00:00

Md Abdullah Al-Mahmood -- chief financial officer of FM Yarn Dyeing Limited, and Md Munirul Islam -- human resource manager of Aristopharma Limited, have been elected chairman and secretary respectively of Dhaka Branch Council (DBC) of the Institute of Cost...

SOS from the poultry sector

2009-03-10 00:00:00

OVER the past two decades, up until the bane of Avain influenza visited Bangladesh in 2007, the country

101km railway line in Ctg to be built

Our Correspondent | 2009-03-10 00:00:00

CHITTAGONG, Mar 9: A 101 km railway line from Dohazari in Chittagong upto Gumdhum of Cox's Bazar near Myanmar border will be built. Necessary initiative has been taken to revive the project. With the implementation of the gigantic project Chittagong...

EC requests PM, Speaker to restrict visits of ministers to polling areas

2009-03-10 00:00:00

The Election Commission (EC) requested the Prime Minister (PM) and the Speaker of parliament to restrain the ministers from visiting the places where parliamentary by-elections for seven vacated seats are going to be held on April 2 to keep the...

Cabinet ratifies Trans Asian Railway Network Agreement

2009-03-10 00:00:00

The Cabinet Monday ratified three important proposals including Inter-governmental Agreement on the Trans Asian Railway Network aiming at establishing modern communication system between Asia and European countries, reports BSS.The approval was given at the regular meeting of the Cabinet at...

US-funded cyclone shelter construction project continues

2009-03-10 00:00:00

Groundbreaking work begins this week for nine new United States Government-funded Multi-Purpose Cyclone Shelters in Cyclone Sidr-affected Khulna division, reports BSS.Groundbreaking sites include Kholishakhali, Sultanpur, Nona Donga, Mohishcharoni, Betkhashi, Shakhariatoro Shohid Sreeti, Paschim Mollikerbar, Sreefoltala Dokhin Para, and Bikotmari Primary...

Work stoppage programme withdrawn

2009-03-10 00:00:00

SYLHET, Mar 9 (UNB): Work stoppage programme of local transport workers, called to protest the vandalising of vehicles Saturday, was withdrawn.The decision to withdraw the programme was taken at a joint meeting at Deputy Commissioner's office Sunday.Sylhet City Corporation Mayor...

6 more BDR men remanded

2009-03-10 00:00:00

Six more BDR members were remanded into CID custody for five days Monday, in connection with the Peelkhana mutiny case, reports bdnews24.com.Dhaka metropolitan magistrate Md Abdur Rahim issued the order on a petition from investigation officer Abdul Qahhar Akhand.Qahhar said...

Oil prices higher in afternoon Asian trade

2009-03-10 00:00:00

SINGAPORE, Mar 9 (AFP): Oil prices rose in Asian trade today on expectations the Organisation of Petroleum Exporting Countries will further cut production.New York's main futures contract, light sweet crude for April delivery, climbed 83 cents to 46.35 dollars a...

WB Vice President visits BRAC Schools

2009-03-10 00:00:00

World Bank (WB) Vice President for South Asia Region Ms Isabel Guerrero and country head Xian Zhu paid a short visit to a BRAC school Monday, said a press release.They also met BRAC Chairperson and founder Fazle Hasan Abed.Ms Guerrero...

Iran test-fires new missile

2009-03-10 00:00:00

TEHRAN, Mar 9 (Reuters): Iran has test-fired a new air-to-surface missile, Iranian media reported Sunday, in the Islamic Republic's latest display of its military capability.The missile test was carried out despite the offer by the administration of new US President...

Accord signed: Rahimafrooz Globatt to launch operation by May

FE Report | 2009-03-10 00:00:00

Islamic Corporation for Development (ICD), private sector lending arm of the Islamic Development Bank (IDB) will provide US$5.30 million to Rahimafrooz, a leading local conglomerate, to set up a battery manufacturing plant in the country.An accord was signed between ICD...

DSE for allowing temporary tax-exempted investment

FE Report | 2009-03-10 00:00:00

The Dhaka Stock Exchange (DSE) Monday urged the government to allow tax-exempted investment of legally earned but undisclosed money in the capital market for one year."Such opportunity will help make the country's capital market more vibrant," DSE president Rakibur Rahman...

Siddle double-strike rocks South Africa

2009-03-10 00:00:00

DURBAN, Mar 9 (Cricinfo): Jacques Kallis and AB de Villiers combined for South Africa's brightest partnership of the Durban Test, but two second-session wickets tipped the balance of power unmitigatedly Australia's way. The hosts headed to the tea break trailing...