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Djokovic eases thru' in Dubai

2009-02-26 00:00:00

Top seed Novak Djokovic got off to a winning start at the Dubai Championships with victory over Italian qualifier Flavio Cipolla, reports BBC.The Serbian, 21, eased through 6-3 6-2 to set up a clash with Jan Hernych, who beat Mikhail...

Decisions about line-up confront England

2009-02-26 00:00:00

BRIDGETOWN, Feb 25(AFP): England face a few selection dilemmas in the run-up to the pivotal fourth Test against West Indies, starting on Thursday at the Kensington Oval.England trail in the five-Test series 0-1, following an innings and 23-run defeat in...

Flintoff key to Ashes : Warne

2009-02-26 00:00:00

Australian spin legend Shane Warne says England's chances of success in the 2009 Ashes hang upon the fitness of all-rounder Andrew Flintoff, reports BBC.Despite being injured on England's West Indies tour, Flintoff plans to play in the Indian Premier League...

Steps taken to free Bangladeshi prisoners from foreign jails

2009-02-26 00:00:00

Prime Minister Sheikh Hasina Wednesday informed the Jatiya Sangsad (JS) that Bangladesh missions abroad had taken various measurers to free the Bangladeshi prisoners languishing in foreign jails and send them back to the country, reports BSS.In a written reply to...

China to slash nonferrous metals capacity

2009-02-26 00:00:00

SHANGHAI, Feb 25 (AP): China plans to slash annual output capacity of nonferrous metals by 1.5 million tons in the next three years, part of a wider plan to restructure and upgrade major industries including automakers and steel, a report...

India's lawmakers say no rooms for Commonwealth Games

2009-02-26 00:00:00

NEW DELHI, Feb 25 (AFP) : Only half the 30,000 extra hotel rooms needed for next year's New Delhi Commonwealth Games will be ready in time, a parliamentary panel report has claimed in the latest gloomy assessment.The report, unveiled late...

What about the traffic mess?

2009-02-26 00:00:00

The traffic situation was summed up by a recent newspaper picture of a girl in tears after she could arrive late at the examination centre! I hope the poor girl was able to use the remaining time properly.Are the authorities...

MIDAS training on 'entrepreneurship, enterprise dev' ends

FE Report | 2009-02-26 00:00:00

A five-day training course on 'Entrepreneurship and Enterprise Development: Business Development Services (BDS) within the context of pro-poor market development in Bangladesh' concluded at the CCDB-HOPE Centre at Savar recently, said a press release.Plan Bangladesh Manager-HR Debashish Saha and MIDAS...

True followers of faith do not neglect duties: Muhith

2009-02-26 00:00:00

Finance Minister Abul Maal Abdul Muhith said Wednesday true followers of faith do not neglect duties entrusted with them, reports BSS.But, there is a misconception in society that religious people should not be bothered with such worldly responsibilities, he said...

Oil prices fall in Asian trade

2009-02-26 00:00:00

SINGAPORE, Feb 25 (AFP): Oil prices were lower in Asian trade on today as the market searched for signs of demand in a weakening global economy, analysts said.New York's main contract, light sweet crude for April delivery, fell 37 cents...

Build economy on domestic resources: BB governor

FE Report | 2009-02-26 00:00:00

Bangladesh Bank Governor Dr Salehuddin Ahmed has called for building economy on domestic resources rather than only the external factors to face the global financial crisis."We cannot just depend only our exports. We have to look at sectors like small...

Hazari asked to surrender

2009-02-26 00:00:00

The High Court asked former Awami League lawmaker Joynal Hazari Wednesday to surrender in eight weeks in trial court in two more cases, reports bdnews24.com.The court also asked the government not to arrest or harass Hazari during the period.The bench...

Aussies poised to host 2015 Asian Cup

2009-02-26 00:00:00

SYDNEY, Feb 25(AFP): Australia is poised to host the 2015 Asian Cup, according to Football Federation Australia chief executive Ben Buckley, who said it would be the perfect dry-run for holding a World Cup.Although a final decision is not likely...

US soldier, Iraqi interpreter killed by police in Mosul

2009-02-26 00:00:00

BAGHDAD, Feb. 25 (Xinhua): An American soldier and an Iraqi interpreter have died as a result of small arms fire attack in Iraq's northern city of Mosul, the US military said Wednesday.A military statement said the attack took place at...

Premier division cricket matches suspended

2009-02-26 00:00:00

The Cricket Committee of Dhaka Metropolis (CCDM) suspended Wednesday's matches of Dhaka Metropolis premier division and first division leagues due to unavoidable circumstances, reports UNB.The CCDM in a meeting Wednesday evening decided to re-start the matches of the Dhaka premier...

Russian reserves can prop economy for 3-year

2009-02-26 00:00:00

MOSCOW, Feb 25 (AFP): Russia will be in a "difficult situation" for the next two years but the government has enough foreign exchange reserves to prop up the economy for three years, a top Kremlin aide said in an interview...

Motia for strong democracy to ensure food security

2009-02-26 00:00:00

Agriculture Minister Motia Chowdhury Wednesday called for strengthening democracy to ensure food security and sustainable livelihood for people, reports BSS.Only democracy could relieve the people of existing discomforts and ensure sustainable livelihood and food security for them, the Agriculture Minister...

No banks cut interest rates on lending this month

FE Report | 2009-02-26 00:00:00

None of the local as well as foreign banks cut their interest rates on lending this month whereas nine commercial banks increased their interest rates on deposits to lure potential clients.The central bank has already sent letters to seven commercial...

Digital management needed for 'digital' Bangladesh

Prof. Lutfor Rahman | 2009-02-26 00:00:00

BANGLADESH is a member country of the Commonwealth of Nations as such we pay annual fees to the Commonwealth Science Council (CSC). The main objective of the CSC is to improve the financial and social conditions of Commonwealth member-countries through...

IBBL workshop on 'Basel-II' ends

FE Report | 2009-02-26 00:00:00

Islami Bank Bangladesh Limited (IBBL) organised a workshop on 'Basel-II' at its head office in the city Sunday, said a press release.IBBL Managing Director M Fariduddin Ahmad was present as the chief guest while Credit Rating Information Services Limited (CRISL)...

JU gets new VC, Pro-VC

JU Correspondent | 2009-02-26 00:00:00

JAHANGIRNAGAR UNIVERSITY, Feb 25: President Zillur Rahman appointed Professor Dr Sarif Anamul Kabir as new Vice-chancellor and Professor Dr Farhad Hossain the Pro-VC of Jahangirnagar University (JU).The newly appointed VC and Pro-VC took their office through a function at senate...

German economy shrinks 2.1pc in late 2008

2009-02-26 00:00:00

FRANKFURT, Feb 25, (AFP): The German economy, Europe's biggest, shrank by 2.1 per cent in late 2008, its largest contraction since the country was reunited in 1990, official data confirmed today.The fourth-quarter drop from the previous three-month period marked the...

NBR chief suspects money laundering in guise of FDI

2009-02-26 00:00:00

National Board of Revenue (NBR) chairman Abdul Mazid Wednesday called for calculating the balance-sheet on the foreign direct investment (FDI), as he suspects undercover money smuggling in the name of FDI, reports UNB."This is the time we should calculate the...

Dhaka stocks down as revolt panicks investors

FE Report | 2009-02-26 00:00:00

A revolt by jawans of the paramilitary BDR at its headquarters in the city created panic among some investors at Dhaka Stock Exchange (DSE) Wednesday, dragging the shares down.The market opened on a positive note but began to decline immediately...

Prospects of agro-processing in the northern region

Aynal Haque | 2009-02-26 00:00:00

THE northern region of the country producing fruits and vegetables, offers enormous potential for agro-processing enterprises.The food-surplus region produces plenty of rice, maize, wheat and soybean, mangoes, bananas, papayas and tomatoes and vegetables due to its fertile soil and favourable...

Iran to begin tests at nuclear station

2009-02-26 00:00:00

TEHRAN, Feb 25 (agencies): Some 35 years after construction started, Iran said it planned to begin test operations Wednesday at its first nuclear power station in the southern port of Bushehr, the official IRNA news agency said.The initial tests will...

Ford workers to vote soon on contract changes

2009-02-26 00:00:00

DETROIT, Michigan, Feb 25 (AFP): The United Auto Workers said Tuesday workers from the Ford Motor Co. will be the first to vote on a new round of contract concessions that could save the company more than 1.6 billion dollars...

Indonesia pig iron plant on Track, says Indo Mines

2009-02-26 00:00:00

JAKARTA, Feb 25 (Reuters): Australia's Indo Mines Ltd is set to produce 1 million tonnes of pig iron from its project on Indonesia's Java island by 2012, despite the impact of the global credit crisis, an executive said Wednesday.Miners around...

Arms trader arrested

2009-02-26 00:00:00

CHAPAINAWABGANJ, Feb 25 (UNB): Rapid Action Battalion (RAB) members arrested a firearms trader along with a pistol, two magazines and 6 rounds of bullets in Zaminpur frontier area of Shibganj Upazila Monday night.

Obama announces lending fund to keep economy running

2009-02-26 00:00:00

WASHINGTON, Feb 25 (AFP): US President Barack Obama announced yesterday a new lending fund in a mammoth effort to help small businesses and consumers in a bid to stimulate a recession-hit economy."We are creating a new lending fund that represents...