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Israel a 'cancerous tumor, ' holocaust a 'big lie' : Iran

2009-03-05 00:00:00

Iran's leader said Wednesday that President Barack Obama is pursuing the same "wrong path" as his predecessor George W. Bush in supporting Israel and described the Jewish state as a "cancerous tumor", report agencies.The comments by Supreme Leader Ayatollah Ali...

Australia woes stoke global recession fears

2009-03-05 00:00:00

SYDNEY, Mar 4 (AFP): The first contraction in Australia's economy for eight years sent shockwaves through markets Wednesday, after the US unveiled a credit drive to stem a crisis that shows no sign of relenting.Dashing hopes Australia could avoid the...

Oil prices down in Asian trade

2009-03-05 00:00:00

SINGAPORE, Mar 4 (AFP): Oil prices fell in Asian trade today following a rebound in the US market overnight, on continued concerns over the worsening global economic crisis, analysts said.New York's main futures contract, light sweet crude for April delivery,...

Both semis today

2009-03-05 00:00:00

Both the semifinal matches of the KFC Pizza Hut 5th Girls' Mini Handball Tournament will be held at the Dhanmondi Women's Sports Complex today (Thursday), reports UNB.Group A champions Sunny Dale School will play Group D champions South Breeze School...

Liverpool, Chelsea in title vow

2009-03-05 00:00:00

Liverpool manager Rafael Benitez and Chelsea counterpart Guus Hiddink have vowed to keep pushing Manchester United for the Premier League title, BBC reports.Both won Tuesday and are four points behind United, who have two games in hand and face Newcastle...

Lahore casts IPL shadow in NZ

2009-03-05 00:00:00

Tuesday's terror attack on the Sri Lankan team in Lahore has led to a heightened anxiety among the New Zealand players over touring India for next month's IPL, with eight players expected to feature in the tournament which runs from...

PCBs prefer to declare stock dividend instead of cash

Sheikh Shahariar Zaman | 2009-03-05 00:00:00

Private commercial banks (PCBs) prefer to declare stock dividend instead of cash to increase their capital bases.Seven PCBs, so far, proposed their dividends for 2008 and six of them announced only stock dividend and the other one both stock and...

Anything is easier said than done

2009-03-05 00:00:00

PEOPLE of Rajshahi are still paying Tk 300 bus fare for the Rajshahi-Dhaka trip. But they expected reduced bus fare soon after the newly elected government took over. The government is already about two month's old. People should get benefit...

Afghan election 'set for August'

2009-03-05 00:00:00

Afghanistan's Election Commission has rejected President Hamid Karzai's call for an April presidential vote, saying it will take place on 20 August, reports BBC.The head of the commission said it was not possible to hold the vote earlier. Elections were...

Govt, UNDP sign Tk 1.30b project for village courts

2009-03-05 00:00:00

The government and the United Nations Development Programme (UNDP) Wednesday signed an agreement to implement a new technical assistance project in Bangladesh for strengthening the justice system at the grass roots level through village courts, reports BSS.The project "Activating Village...

Japan fund to invest $1.9b in S Korea trade zone

2009-03-05 00:00:00

SEOUL, Mar 4 (AFP): A Japanese private equity fund will invest almost two billion dollars in a free trade zone on South Korea's west coast, a state trade agency said today.The Vana World fund, after talks with the Korea Trade...

IMF eyes extra $25b for poorest countries

2009-03-05 00:00:00

WASHINGTON, Mar 4 (AFP): The International Monetary Fund said yesterday the poorest countries will need at least 25 billion dollars in additional financing this year to cope with the global financial crisis.IMF managing director Dominique Strauss-Kahn called for swift and...

Lankan cricketers arrive home

2009-03-05 00:00:00

The Sri Lanka team have arrived home following the attacks on their bus by armed gunmen in Lahore Tuesday, reports BBC.Seven players were wounded in the attacks, which killed six policemen and a driver."None of us thought we would come...

news digest

FBI director arrives | 2009-03-05 00:00:00

in PakistanISLAMABAD, March 4: The director of the US Federal Bureau of Investigation (FBI arrived in Pakistan Wednesday to help investigate last year's Mumbai attacks, officials said. New Delhi blamed the attacks, which killed 165 people last November, on the...

Drug addicts rise rapidly in country, says Sahara

DU Correspondent | 2009-03-05 00:00:00

Home Minister Sahara Khatun Wednesday said Bangladesh was being used as a transit route for trafficking drugs to the international market causing an alarming rise to the number of drug addicts in the country."Drug addiction among the youths is increasing...

DNA testing process begins

2009-03-05 00:00:00

Relatives of those still missing since the Pilkhana tragedy thronged Dhaka Medical College Hospital (DMCH) forensic department Wednesday, to assist with the government's efforts to confirm the identities of remaining bodies through DNA tests.The forensic department began collecting blood, hair...

Two Indians among 50 short-listed for world's best job

2009-03-05 00:00:00

MELBOURNE, Mar 4 (PTI): Two Indians are in the race to get the 'best job in the world', caretaker of Hamilton Island on the Great Barrier Reef, out of 50 persons of different nationalities, short-listed by the Australian government from...

BDR carnage after-effects on businesses to end soon

FE Report | 2009-03-05 00:00:00

Finance Minister AMA Muhith said Wednesday the stagnation that the businesses are now facing following the recent mutiny in the Bangladesh Rifles (BDR) headquarters would be over within a week.He said the government's revenue budget will come under some pressure...

5,000 pry teachers to be appointed very soon: PM

2009-03-05 00:00:00

Prime Minister (PM) Sheikh Hasina told the House Wednesday that 5,000 more teachers would be appointed very soon in the current 2008-2009 fiscal under the Second Primary Education Development Programme (PEDP), reports BSS.Besides the programme, appointment of about 15,000 more...

Economist's report on Bangladesh economy not based on fact: BB

Sheikh Shahariar Zaman | 2009-03-04 00:00:00

High officials of the central bank have contradicted a report published in The Economist's latest issue titled 'A battered economy takes another hit' and said the report is not based on fact.The report said that the global meltdown would severely...

Padma Islami Life holds Sharia board meeting

2009-03-04 00:00:00

The 11th Sharia board meeting of the Padma Islami Life Insurance Ltd was held at its head office recently with chairman of the board principal Sayed Kamaluddin Zafry in the chair.The meeting was attended, among others, by members Moulana Muhammad...

Status of Dhaka University

2009-03-04 00:00:00

Dhaka University is the highest seat of learning in Bangladesh. Once upon a time it was famous as The Oxford of the East. I have been hearing it from my birth but didn't know why it is called the Oxford...

Nissan aims to launch diesel hybrid in '10

2009-03-04 00:00:00

GENEVA, March 3 (Reuters): Nissan Motor Co (7201.T) unveiled on Tuesday a concept car under its Infiniti luxury brand that it plans to adapt for production as a hybrid car twinned with a diesel engine for the European market next...

No conspiracy can cause govt to deviate from desired goals, says Faruk Khan

2009-03-04 00:00:00

Commerce Minister Lt Col (retd) Faruk Khan said the barbaric incidents in the BDR headquarters could not divert government's attention from trying the war criminals or executing other agenda as the government has come to power with people's overwhelming mandate,...

Japan to use forex reserves to fight credit crunch

2009-03-04 00:00:00

TOKYO, March 3 (AFP): Japan will use five billion dollars from its foreign currency reserves to help companies raise funds during a worsening recession in Asia's largest economy, the finance minister said today.Tokyo will lend the money to the state-backed...

news digest

Castro shakes up | 2009-03-04 00:00:00

Cuban cabinetHAVANA, Mar 3: In a major shake-up the likes of which Cubans have not seen for decades, President Raul Castro Monday reorganised his Cabinet, replacing longtime aides to his brother Fidel, who resigned from office a year ago, citing...

Ship building industry may bring positive change in economy

Our Correspondent | 2009-03-04 00:00:00

CHITTAGONG, Mar 3: Ocean going ship building industry may play a vital role in the expanding worldwide maritime trade and boost the economy of the country. The industry is already attracting foreign buyers and investors.This was observed by the Export...

Citi Service Outlet opens at Uttara

FE Report | 2009-03-04 00:00:00

Global financial conglomerate Citibank, N.A. has opened a 'Service Outlet' at the Uttara area of the city Tuesday.This service outlet; located at Uttara Zashin Plaza is equipped for catering to the special banking needs of the business enterprises located at...

Khaleda calls for Sahara's resignation

2009-03-04 00:00:00

Leader of the Opposition and BNP Chairperson Khaleda Zia has called for resignation of Home Minister Sahara Khatun for a 'fair investigation' into the BDR mutiny, reports bdnews24.com.The former Prime Minister, speaking to reporters at her Gulshan office, also said...

The puzzle of junks shining in a drab market

Shamsul Huq Zahid | 2009-03-04 00:00:00

Country's stock market is now facing a kind of trouble that is hardly encountered in any of its counterpart in the world.All on a sudden junk shares belonging to the 'Z' category of the stocks listed with the two bourses...