The World Bank (WB) assured of providing finance for setting up new power plants, renovation and enhancing skill of old ones and development of distribution system in rural areas, reports UNB.The assurance came when a five-member WB delegation led by...
From Fazle Rashid | 2009-02-25 00:00:00
NEW YORK, Feb 24: The governments, investors and business executives in US , Europe and Asia are panic stricken "as deepening global downturn is dragging down business across every sector of the economy". Losses are piling up everywhere. It is...
FE Report | 2009-02-25 00:00:00
The Securities and Exchange Commission (SEC) Tuesday gave approval to the Asian Insurance Limited to raise Tk 90 million through initial public offering (IPO).The commission also cancelled licences of two merchant banks on violation of securities rules and approved, in...
WASHINGTON, Feb 24 (AFP): President Barack Obama yesterday vowed to halve by 2013 the huge budget deficit bequeathed by the Bush White House, warning inaction would leave Americans wallowing in debt and thwarted dreams.After spending weeks imploring lawmakers to dish...
There is scope for discussions with extremists for the sake of resolving any problem, Foreign Minister Dr Dipu Moni said Tuesday, as an international meet began brainstorming here over counter-terrorism measures, reports UNB."There remains scope for discussions in case of...
Younus Khan has Brian Lara's Test record score in sight after finishing day four of Pakistan's first Test against Sri Lanka on 306 not out, reports BBC.With the match destined for a draw, Younus is certain to start day five...
Industries Minister Dilip Barua Tuesday expressed the hope that the volume of foreign investment in Bangladesh would mark a rise as an investment-friendly environment is prevailing in the country right now, reports UNB."Right now, you know, a favourable environment is...
BNP completed interviewing grassroots leaders Tuesday as part of efforts to revamp the beleaguered party, reports bdnews24.com.During a span of 21 days, select central committees have taken cognisance of the perceptions of BNP thana level leaders of 68 districts, excepting...
JOHANNESBURG, Feb 24 (AFP): An attempt to end an ongoing dispute between the unofficial Indian Cricket League and the Indian Board ended in failure here Monday.The International Cricket Council announced in a statement following a three-hour meeting that no agreement...
KOLKATA Feb 24 (PTI): The growth of the Indian economy will come down to six per cent on account of the global recession, Nobel laureate economist Amartya Sen said yesterday."The growth could come down to six per cent or even...
Our Correspondent | 2009-02-25 00:00:00
TANGAIL, Feb 24: In a peaceful election, Golam Mostofa Miah was elected president and NM Abdur Rashid general secretary of Tangail District Bar Association.The election of the Bar was held at its library auditorium recently.Of the total 17 posts with...
The government will soon carry out 'capital dredging' to the riverbed of the Gorai, a key river in southwestern region of the country, to increase the flow of salinity-free water that is essential for agricultural production in winter, reports UNB.The...
Two more cases were filed against the fired information secretary ATM Fazlul Karim, both on sedition charges, for allegedly disparaging the country's slain founding father and his family, reports UNB.The two cases came a day after he was sent on...
Grameenphone (GP) and Agriculture Information Service (AIS) under the Agriculture Ministry jointly launched Caravan Activation programme recently for promoting digital agriculture information services through the GP Community Information Centres (CICs).In this initiative, four AIS caravans would touch 192 CICs and...
Mercantile Bank Limited signed an agreement with Jalalabad Money Transfer and Travels Ltd, a remittance service provider in Manchester, UK recently, says a press release.Senior Executive Vice President of the bank MA Yousuf Khan and Executive Director of the money...
RANGPUR, Feb 23 (UNB): Irrigation activities under the Teesta Barrage Irrigation (TBI) Project were being badly hampered during the peak season of irri-boro cultivation due to drastic fall of water-level in the river following unilateral withdrawal of water by India.Failing...
Star-studded Usha KC posted their third consecutive win in the Need For Speed Shaheed Smriti Hockey Tournament outplaying Bangladesh Air Force by 7-1 goals in the day's lone match at Maulana Bhasani National Hockey Stadium in the city Monday, reports...
SINGAPORE, Feb 23 (AFP): Oil traded steadily near 40 dollars in Asia today despite an OPEC minister's forecast of additional output cuts by the cartel. New York's main futures contract, light sweet crude for delivery in April, fell six cents...
TROLL RESEARCH STATION, Antarctica, Feb 23 (AP): A parka-clad band of environment ministers landed in this remote corner of the icy continent Monday, in the final days of an intense season of climate research, to learn more about how a...
DUBAI, Feb 23 (Reuters): Dubai's move to sell US$10 billion in bonds to the United Arab Emirates (UAE) central bank alleviated worries it could default as investors bet the state would step in again to help the former boom town...
Badrul Islam | 2009-02-24 00:00:00
BBC headlines reports "Banned Dutch MP held at Heathrow -- A Dutch MP who called the Koran a 'fascist book' is to be sent back to the Netherlands after attempting to defy a ban on entering the UK". We wish...
CAIRO, Feb 23 (CNN): A bombing in one of the Egyptian capital's busy tourist districts killed a French tourist Sunday and wounded 23 other people, including 18 Europeans, Egyptian authorities reported.The French tourist killed was a 17-year-old girl. The blast...
NEW DELHI, Feb 23 (PTI): Iran has jacked-up by 20 per cent the price of natural gas that is to flow through the long- delayed Iran-Pakistan-India pipeline, making it the most expensive fuel in India.At the current crude oil price...
FHM Humayan Kabir | 2009-02-24 00:00:00
The country's poultry farmers have been facing financial constraints in restarting their business after the deadly attack of bird-flu left them with substantial losses."Many skilled farmers have become bankrupt due to attack of avian influenza virus. If the farmers do...
CHITTAGONG, Feb 23 (UNB): An old woman and her son were killed in a tragic road mishap at Keranihat on Chittagong-Cox's Bazar highway under Satkania Upazila Monday.Police said the accident occurred as a local minibus hit the woman and her...
Planning Minister Air Vice Marshal (retd) AK Khandoker Monday said the present government has started preparing a perspective plan targeting the year 2021, when the country will celebrate its golden jubilee of independence, reports BSS."Besides, the government will make a...
Our Correspondent | 2009-02-24 00:00:00
KHULNA, Feb 23: The People's Jute Mill of Khulna has been closed again making 22 hundred workers jobless. After seven years of its privatisation, the mill authorities declared it closed Sunday night for an indefinite period.Source said the workers of...
YANGON, Feb 23 (Xinhua): Myanmar will allow domestic merchants along with foreign buyers to bid for gems, jade, pearl and jewelry on sale at the forthcoming annual gems emporium scheduled for March 8 this year to boost the development of...
BERLIN, FEB 23 (CNN): The world needs a "global New Deal" to haul it out of the economic crisis it faces, Prime Minister Gordon Brown of the United Kingdom said Sunday."We need a global New Deal -- a grand bargain...
Kayes M Sohel | 2009-02-24 00:00:00
The securities regulator has taken strong initiative to bring more merchant banks into the stock market to attract investment in the stock market.The move came against the backdrop of fund shortage in the market because of cash withdrawal by some...
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