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BB asks banks to give adequate credit support to farmers in time

2009-03-31 00:00:00

FE Report The central bank has asked commercial banks to provide adequate credit support to farmers in time for boosting agricultural production in the country. Besides, the banks have been asked for taking effective measures to achieve agro-credit disbursement target...

NRBs should be wooed to invest more, buy premium bonds

2009-03-31 00:00:00

Sheikh Shahariar ZamanThe country is expecting less remittance and export earnings in the months ahead due to global recession and the foreign currency loss can be offset by wooing non-resident Bangladeshis (NRB) to invest more and buy premium bonds, economists...

IMF begins to regain its faded shine again

2009-03-31 00:00:00

From Fazle RashidNEW YORK, Mar 30: International Monetary Fund ( IMF ) discarded not very long ago as having lost its relevance with its creditors shying away for its stringent lending conditions and fast growth of the private capital market...

€1.0b EU food facility for poor nations

2009-03-31 00:00:00

FE Report The European Commission (EC) Monday adopted a € 314 million package of projects to support agriculture and improve the food security situation in 23 developing countries including Bangladesh. This is the first financing decision in the framework of...

Two Bangladeshi cos receive good response from FOODEX Japan

2009-03-31 00:00:00

FE Report Two of the four Bangladeshi companies, that early March took part in the FOODEX Japan 2009, have received encouraging responses from the buyers, officials said Monday. Bangla Natural Agro Ltd, Miton Sea Foods International, Global Agro Resources Incorporation...

Yangon asked to explain its border fencing

2009-03-31 00:00:00

Bangladesh Monday sought official version from Myanmar on its planned fencing along the border professedly to stop smuggling, as confusion arose over the move, reports UNB.State Minister for Foreign Affairs Dr Hasan Mahmud told reporters that they sought the official...

Dhaka assures KL of seeing none recruited without job offer

2009-03-31 00:00:00

Bangladesh and Malaysia Monday reached an understanding to tighten legislation to ensure that Bangladeshi workers for the Malaysian manufacturing and plantation sectors are not recruited without the availability of jobs for them, reports UNB.Malaysian Human Resource Minister Datuk Dr S...

S Korea opposes military reaction to North's launch

2009-03-31 00:00:00

SEOUL, Mar 30 (AP): President Lee Myung-bak said South Korea opposes any military response to North Korea's planned launch of a rocket, while Washington's defence chief said the US won't try to shoot it down.The remarks by Lee and US...

Britain to start Iraq pullout from today

2009-03-31 00:00:00

BASRA, Mar 30 (AFP): British forces will officially start to pull out of Iraq Tuesday, signalling the end of six years of military operations that began with the US-led invasion that ousted Saddam Hussein.The British-led coalition base in Basra will...

Obama vows no hot US troop pursuit into Pakistan

2009-03-31 00:00:00

WASHINGTON, Mar 30 (AFP): President Barack Obama ruled out sending US troops on a hot pursuit of extremists across the Afghan border into Pakistan-but demanded Islamabad hold up its end of the anti-terror struggle.Referring to US missile strikes on militants,...

Gunmen kill 20 at Pakistan police academy

2009-03-31 00:00:00

MANAWAN, Pakistan, Mar 30 (AFP): Masked gunmen stormed a Pakistan police academy Monday, unleashing a fierce firefight that has left at least 20 dead in an echo of the commando-style assault on Sri Lanka's cricket team.Armed with grenades and assault...

China to reopen Tibet to foreign tourists

2009-03-31 00:00:00

BEIJING, Mar 30 (AFP): Tibet will reopen to foreign tourists on April 5, an official was quoted Monday as saying, in a sign that authorities may ease a crackdown imposed for the anniversary of a failed Tibetan uprising.State news agency...

news digest

2009-03-31 00:00:00

Turkey's ruling party loses votes in electionsANKARA, Mar 30: Turkey's Islamist-rooted ruling party led rivals by a large margin but appeared to lose some base support in local elections Sunday marked by deadly violence. Turkish Prime Minister Recep Tayyip Erdogan...

Suicide bomber kills eight Afghans

2009-03-31 00:00:00

KANDAHAR, Mar 30 (AP): A suicide bomber wearing a police uniform blew himself up inside a police headquarters in southern Afghanistan Monday, killing eight people, an official said. Three police and five civilians died in the attack in Dun district,...

Beshir travels to Doha defying warrant

2009-03-31 00:00:00

DOHA, Mar 30 (AFP): Sudanese President Omar al-Beshir defied an international arrest warrant by travelling to Doha Sunday for an Arab summit, where the decision of Egypt's leader to stay away dimmed unity hopes. United Nations chief Ban Ki-moon, who...

25 killed in Sri Lanka sea battle

2009-03-31 00:00:00

COLOMBO, Mar 30 (AFP): At least 24 Tamil Tiger rebels and a navy sailor were killed in a major sea battle off Sri Lanka's northeast coast Monday, a navy spokesman said.Government forces sank four boats of the Liberation Tigers of...

A memoir with a difference

2009-03-31 00:00:00

Syed Fattahul AlimAutobiography of a professional-turned-politician spanning his life from his birth in 1932 until his retirement as the finance minister of the country in 2006 Every autobiography is part of history. The one under review titled 'Kichu Katha, Kichu...

Tales of the mother of all balancing acts

2009-03-31 00:00:00

Miranda GreenHEN Cherie Blair used a press conference to make her apology for the Peter Foster affair in 2002, she struck a chord with many working women, choking back tears as she described the pressures of juggling work and family...

Removing obstacles to development of women entrepreneurship

2009-03-31 00:00:00

THE Bangladesh Women Chamber of Commerce and Industry (BWCCI), the sole representative body of women entrepreneurs in the country, launched the Women's National Business Agenda (WNBA) last Sunday to draw attention of all concerned to the factors hindering the growth...

Integrated policies for industries

2009-03-31 00:00:00

M. KarimTHE government is reportedly preparing a new industrial policy for the country. It is a welcome move. It is relevant to say that almost every elected government on coming to power, decides to unfurl a new policy of its...

Poor market research and other issues

2009-03-31 00:00:00

Ferdous AlamMarket studies or research to establish demand pattern of products are essential preconditions for the establishment of industries. Private sector can initiate their own such research. The government can also play a valuable role in this regard by collecting...

Think before being harsh with a CNG driver

2009-03-31 00:00:00

THE other day I was asking the driver of a CNG auto-rickshaw driver how much they would make a day if they adhered to the meter one hundred per cent. "Between Tk 100-120, sir," he said after a while. That,...

Washington-Tehran relations

2009-03-31 00:00:00

Obama's overture to Iran to normalise relations with America is a very positive development. It has been nearly thirty years since the two countries snapped diplomatic ties. Ever since, Iran has been on the hit list of all US presidents...

Save the innocent

2009-03-31 00:00:00

Recently, nine BDR jawans died of cardiac arrest or suicide in different places of the country. It is difficult to know what is happening in the name of interrogation. An uncertainty and disappointment is prevailing among the BDR jawans and...

G20 leaders to seek solutions to economic downturn

2009-03-31 00:00:00

LONDON, March 30 (Xinhua): Amid a deepening financial and economic crisis, leaders from the Group of 20 (G20) developed and emerging economies are due to meet here Thursday for global solutions. Expectations are high that they would be committed to...

IBBL Shari'ah Council meeting held

2009-03-31 00:00:00

A meeting of the Shari'ah Council of Islami Bank Bangladesh Limited (IBBL) was held at the board room of Islami Bank Tower in the city recently, said a prèss release. Chairman of Shari'ah Council and President of Biatush Sharf Anjuman-e-Ittehad...

Dealing with global crisis needs global cooperation

2009-03-31 00:00:00

BEIJING, March 30 (Xinhua): The G20 summit, scheduled for April 2, brings together major industrialized and developing nations. It provides a platform for their leaders to strengthen coordination and cooperation in the global efforts to tackle deteriorating and complicated economic...

India poised to grow 6.5-7 pc in 2009

2009-03-31 00:00:00

NEW DELHI, Mar 30 (PTI): Driven by demand returning to the automobile, steel and other sectors, India looks poised to grow by 6.5-7 per cent in 2009, beating the gloomy 5.1 per cent forecast by the International Monetary Fund. According...

China publishes report on Tibet's economic, social development

2009-03-31 00:00:00

BEIJING, March 30 (Xinhua): The Beijing-based China Tibetology Research Center published a comprehensive report on Tibet's economic and social development today, in which it outlined the region's changes over the past 50 years through facts and figures. The authors, all...

Oil slides below $52 in Asia on profit-taking

2009-03-31 00:00:00

KUALA LUMPUR, Mar 30 (AP): Oil prices tumbled Monday to below $52 a barrel as investors cashed in on recent gains, and in tandem with a pullback on Wall Street Friday.Benchmark crude for May delivery fell $1.03 to $51.35 by...