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ZIA revenue zooms 61.8 pc on soaring flights, charges

A Z M Anas | 2009-03-08 00:00:00

Revenues of the country's biggest airport ZIA jumped by 61.8 per cent to Tk 3.57 billion in 2008 financial year, boosted by increased flights movement, the airport regulator said Saturday.The Civil Aviation Authority said ZIA's income from aeronautical operations rose...

Six matches of final round held

2009-03-08 00:00:00

Six matches of the final round of U-13 Development Football Festival were held on the opening day at Mymensingh Stadium Saturday, reports UNB.Results of the day's matches: Narayanganj DSA crushed Jhalkati DSA 5-1, Tangail DSA blanked Chanpainawabganj DSA 3-0, Chittagong...

Computerized system doesn't work sometimes!

2009-03-08 00:00:00

Recently, I went to an AB Bank branch of Dhaka to withdraw an amount of money giving a cheque to the counter and the counter said, "You have to wait for a while as the Rajshahi branch is on offline"...

City IT Computer Fair most successful

Md. Fazlur Rahman | 2009-03-08 00:00:00

The 'City IT 2009 Computer Fair' at Agargaon was able to attract a huge number of visitors after overcoming an out-of-the-blue blow borne out of the BDR mutiny in the capital, organisers said on the closing day of the annual...

City bus ride to become easier from Mar 22

FE Report | 2009-03-08 00:00:00

Integrated Circuit (IC) cards will be introduced in at least 100 city buses from March 22 to facilitate hassle-free travelling by the commuters, bus operators told the FE.The first ever IC card in the country will automatically adjust fares after...

Greenback stable against BDT

Sarwar Zahan | 2009-03-08 00:00:00

US dollar was mostly stable against Bangladesh taka (BDT) in the inter-bank foreign exchange market last week mainly due to moderate demand for the greenback, fund managers said.The central bank intervened in the market actively to maintain stability, they said.The...

Morocco cuts ties with Iran over Bahrain

2009-03-08 00:00:00

RABAT, Mar 7 (Reuters): Morocco has cut diplomatic links with Iran, the Moroccan Foreign Ministry said Friday, after an outcry in the Sunni Muslim world over a statement by an Iranian official questioning Sunni-ruled Bahrain's sovereignty.Rabat also criticised Iran for...

Siltation disrupts Bhola-Barisal waterway

Our Correspondent | 2009-03-08 00:00:00

BHOLA, Mar 07: The rivers of Tetulia, Kirtonkhola and Kala Badar are under the threat of losing navigability due to continuous siltation and grabbing of the banks by some vested quarters.Most of the tributaries of the river Kirtonkhola and Kala...

Addressing water and power crises in the city

Shahiduzzaman Khan | 2009-03-08 00:00:00

Even though summer is yet to set in, water scarcity and power outage are visible in almost every part of the capital. In some areas of the city, citizens are seen coming to the streets and raising voice against the...

Johnson strike SA top order

2009-03-08 00:00:00

Tea : South Africa 62 for 4 (Duminy 28*, Johnson 3-15) trail Australia 352 by 289 runsThe scorecard said it best. Mitchell Johnson's first over contained the sequence W0W, echoing the sentiments of all present at Kingsmead after a furious,...

Bombings kill 11 in Pakistan amid political feuds

2009-03-08 00:00:00

PESHAWAR, Mar 7 (AP): A bomb-laden car exploded Saturday in northwest Pakistan as police tried to pull a body from it, authorities said, killing seven police and a bystander as international fears grow over security and political stability in the...

Argentina, Russia, Croatia almost through

2009-03-08 00:00:00

NEW YORK, Mar 7 (AP): Argentina, Russia and Croatia swept their singles to be on the verge of reaching the Davis Cup quarterfinals Friday.Former champions the United States, Germany and France needed comebacks to even their ties, while all the...

Strauss confident of Trinidad win

2009-03-08 00:00:00

England skipper Andrew Strauss said he was confident of bowling West Indies out twice to win the fifth Test despite an attritional first day in Trinidad, BBC reports.Strauss was 139 not out at close of play as England reached 258-2...

651,000 jobs lost as US hits 25-year jobless high

2009-03-08 00:00:00

WASHINGTON, Mar 7 (AFP): The US economy hemorrhaged 651,000 jobs in February, pushing the unemployment rate to a 25- year high of 8.1 per cent, according to official data Friday pointing to an ever-deepening recession.The number of confirm job losses...

Oil falls below $51 in Asian trade

2009-03-08 00:00:00

SINGAPORE, Apr 7 (AP): Oil fell below $51 a barrel Tuesday in Asia as doubts grew that crude's two-month rally can be sustained while global demand remains weak.Benchmark crude for May delivery fell 31 cents to $50.74 a barrel by...

Australia announces $30b broadband network

2009-03-08 00:00:00

CANBERRA, Apr 7 (AFP): Australia announced a 43 billion dollar (30 billion US) national broadband network today, in what Prime Minister Kevin Rudd described as the biggest infrastructure project in the country's history. Rudd surprised the market by scrapping a...

Wine producers pin hopes on China in tough times

2009-03-08 00:00:00

SHANGHAI, April 7 (AFP): Wine producers are pinning their hopes for growth during the financial crisis on a country that only recently entered the ranks of the world's top ten wine drinking countries-China. Wine bars and specialty wine stores have...

One killed, 30 hurt as garment workers clash in Gazipur

2009-03-08 00:00:00

GAZIPUR, Mar 7 (UNB): A shop-owner was killed and 30 other were injured as garment workers clashed with terror and police at Gorgoria in Sreepur here Saturday.The deceased was identified as Saiful, a shop-owner of the area.Local sources said 133...

For luxury goods sellers, red is the new black

2009-03-08 00:00:00

NEW DELHI, Apr 7 (AFP): Bling is out and fine craftsmanship is in-that's the latest message from the luxury goods industry as it struggles to survive the global economic downturn. Luxury goods houses and retailers think they have come up...

B'baria musical instruments industry on verge of extinction

2009-03-08 00:00:00

Our CorrespondentBRAHMANBARIA, Apr 7: Musical instrument producing cottage industry is on the verge of extinction in the district as the prices of raw materials of the craft have increased manifold and gone beyond the artisans' buying capacity.Besides, they have failed...

Fighting frustration during terminal years of academic life

M A Islam | 2009-03-08 00:00:00

Towards the end of their academic life, in honours fourth year or masters level, many students in Bangladesh suffer from frustration. They become restless, thinking when their academic life will be over and when and how they will get a...

Iran to finance two new power plants in Ecuador

2009-03-08 00:00:00

QUITO, Mar 7 (AFP): Iran will finance two new power plants in Ecuador and extend a 40-million-dollar loan for business development, officials from both countries said yesterday, three months after the first visit by an Ecuadoran president to Tehran.Visiting Senior...

Asian shares fall

2009-03-08 00:00:00

HONG KONG, Mar 7 (AFP): Asian shares tumbled Friday as hopes faded for fresh Chinese stimulus measures and investors braced for a key US unemployment report expected to show further massive job losses.TOKYO: Down 3.50 per cent. The Nikkei-225 dropped...

Call for multi-sectoral cooperation among poultry industry

2009-03-08 00:00:00

Food and Disaster Management Minister Dr Abdur Razzaque Saturday called for multi-sectoral cooperation among the poultry industry and relevant farms to ensure food security and fulfill demands for animal protein, reports UNB.Aiming at an Avian Influenza free Bangladesh by 2011,...

Nations look to Canada for help in banking overhaul

2009-03-08 00:00:00

OTTAWA, Mar 7 (AFP): Several small economies have sought help from stalwart Canada in fixing their regulatory frameworks to avoid another financial crisis, Finance Minister Jim Flaherty said yesterday."Some of the smaller economies have asked for Canada's help with respect...

A defining moment for Bangladesh

Salahuddin Ahmed | 2009-03-08 00:00:00

BANGLADESH is going through a situation that beggars description. No one was prepared for the recent Bangladesh Rifles (BDR) mutiny in Bangladesh and the carnage that went with it. A good number of army officers were killed, while a number...

Noman Group poised to emerge top garment exporter in 2010

Mushir Ahmed | 2009-03-08 00:00:00

Leading textile manufacturer Noman Group is investing some Tk 10.00 billion in new spinning, dyeing and woven and knit garment units to emerge as the country's biggest exporter in 2010, its owner said.The group currently ranked as the third largest...

Oil price of $40 no help to world economy: OPEC

2009-03-08 00:00:00

VIENNA, March 7 (AFP): Prices of around 40 dollars a barrel will dampen oil-infrastructure investment and will not be a long-term benefit to the world economy, contrary to an assessment by the International Energy Agency (IEA), oil producers said yesterday."The...

Port activities revive at Mongla

Our Correspondent | 2009-03-08 00:00:00

KHULNA, Mar 07: At least five cargo ships anchored this week at the problem-ridden Mongla Port restoring normal harbour activities and infusing enthusiasm among the idle workers and staff.Port authority source said that five ships carrying fertiliser and some other...

Qatar's economy expected to grow at 9 pc

2009-03-08 00:00:00

DUBAI, Mar 7 (PTI): Qatar's economy is expected to grow at about 9 per cent in real terms in 2009, reflecting capacity expansions in the liquefied natural gas (LNG) sector, a Capital Intelligence report has said."The threat posed by the...