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Tearaway inflation to hit US economy soon

2009-03-23 00:00:00

From Fazle Rashid NEW YORK, March 22: The Federal Reserve's decision to pump in billions of dollars to revive the flagging US economy has given rise to the fear that the economy would soon be engulfed by a tearaway inflation....

100pc control of western shipping lines in local business opposed

2009-03-23 00:00:00

Shipping Agents Association of Bangladesh (SAAB) said moves by some foreign envoys to help establish hundred percent control of western shipping lines over their business here may eventually end up in hostage taking of the nation's external trade, reports BSS.SAAB...

Russia submits formal proposal on NPP

2009-03-23 00:00:00

Russian Ambassador to Bangladesh Gennady P Trotsenko Sunday submitted a formal proposal to State Minister for Science and ICT Yeafesh Osman for setting up a nuclear power plant (NPP) to meet Bangladesh's growing demand for energy, report UNB and BSS....

Iran ready to change if US leads way: Khamenei

2009-03-22 00:00:00

TEHRAN, Mar 21 (AFP): Iran's supreme leader Ayatollah Ali Khamenei said Saturday said the Islamic republic is willing to change if US President Barack Obama leads the way by changing American attitude towards his country.Speaking a day after Obama offered...

India tightens security at three major airports after threat

2009-03-22 00:00:00

THIRUVANANTHAPURAM, India, Mar 21 (AFP): India tightened security at three major airports in the southern state of Kerala after a call threatening attacks by Tamil Tiger sympathisers, police said Saturday.Extra security measures were in place at the international airports of...

Bombings kill 11 people in Afghanistan

2009-03-22 00:00:00

KABUL, Mar 21 (AP): Two separate bombings killed 11 people in eastern Afghanistan Saturday, officials said, the latest attacks near the country's volatile border with Pakistan.Elsewhere in Afghanistan, a NATO soldier was killed in a "hostile incident" in the country's...

news digest

2009-03-22 00:00:00

Pakistan's chief justice retiresISLAMABAD, Mar 21: Pakistan's Supreme Court chief justice retired Saturday, opening the way for the restoration of a judge ousted by former military ruler Pervez Musharraf and championed by opponents of the current pro-Western government. Abdul Hameed...

Spain urges US to 'respect' Kosovo pullout decision

2009-03-22 00:00:00

MADRID, Mar 21 (AFP): Spain urged the United States Friday to respect its decision to withdraw its troops from Kosovo, after Washington expressed its disappointment at the move. "We respect the position of other countries, but at the same time...

Thai govt survives no-confidence vote

2009-03-22 00:00:00

BANGKOK, Mar 21 (AP): Thailand's three-month-old government survived a no-confidence vote Saturday, but analysts said it is likely to face continuing street demonstrations by loyalists of exiled Prime Minister Thaksin Shinawatra.Prime Minister Abhisit Vejjajiva and five of his cabinet ministers...

Weathering the recessionary storm in the RMG Sector

2009-03-22 00:00:00

Barrister I U Ahmad AsifIt has been said time and again that the worldwide recession that has affected so many countries so deeply will not affect the Bangladesh ready made garments (RMG) sector. The RMG sector recorded US$ 6.05 billion...

IPO book building and penny stocks

2009-03-22 00:00:00

M. Imtiaz MozumderThe Securities & Exchange Commission approved the book building method of pricing Initial Public Offerings (IPOs) for both domestic and foreign companies. However, this will not substitute the existing 'fixed-price' method of valuing IPOs. Some preconditions are set...

The end of a stand-off in Pakistan

2009-03-22 00:00:00

Md. Masum BillahPAKISTAN recently witnessed a high drama on its political stage. Of the two key players Nawaz Sharif won the day, both morally as well as in terms of public support. Asif Ali Zardari had to bow down in...

India end drought with thumping win

2009-03-22 00:00:00

HAMILTON, Mar 21 (Cricinfo): It had been 33 years since India won a Test match in New Zealand but the statistic was rendered obsolete after a six-wicket haul from Harbhajan Singh inspired a comprehensive 10-wicket victory at Seddon Park. Daniel...

Junaed among top ten run-getters

2009-03-22 00:00:00

Opener Junaed Siddique is the lone national batsman in the list of top 10 run getters in the shorter-version of the game in the first-phase of the Premier Division Cricket League, reports bdnews24.com. The left-handed batsman, playing for Surjo Tarun,...

Liverpool determined to sustain the high

2009-03-22 00:00:00

LIVERPOOL, Mar 21(AFP): Liverpool head into their match with Aston Villa desperate to avoid another feeling of anti-climax at Anfield. The Reds know that they will have to win almost all of their remaining nine games in the Premier League...

de Villiers blitz gives South Africa 442-run lead

2009-03-22 00:00:00

CAPE TOWN, Mar 21 (Cricinfo): An authoritative stand between AB de Villiers and Albie Morkel continued South Africa's domination - and Australia's agony - on day three in Cape Town. de Villiers ticked past his ninth Test century before he...

PM likely to be chief guest at Super Cup final

2009-03-22 00:00:00

Prime Minister Sheikh Hasina is likely to be the chief guest at the country's biggest-ever crore-taka Citycell Super Cup Football final next Friday (Mar 27) at Bangabandhu National Stadium in the city, reports UNB.A high-level delegation of Bangladesh Football Federation...

Kool/BSJA sports award on Mar 24

2009-03-22 00:00:00

Bangladesh Sports Journalists Association (BSJA) Saturday announced a new date on March 24 to provide its Kool/BSJA awards to the recipients for the year of 2002-2008, reports BSS.The award will be given at a formal ceremony at the NSC Tower...

Madaripur make winning start in women's h’ball

2009-03-22 00:00:00

Hosts Madaripur won both their zonal-phase games on the opening day of the EXIM Bank 20th National Women's Handball Championship Saturday, reports bdnews24.com. The hosts first routed Jhalakathi 16-1 and then defeated Gopalganj 19-1 at the Madaripur Stadium. Besides, Jessore...

Beckham hoping to add experience to England

2009-03-22 00:00:00

ROME, mar 21 (AFP): Former England captain David Beckham believes he can add experience to England at next year's World Cup in South Africa.Speaking to Saturday's Gazzetta dello Sport, the former England captain explained that his sights are set firmly...

Right to Info law to be ratified in current session of JS: Azad

2009-03-22 00:00:00

The proposed Right to Information law, which underwent several scrutiny, was now expected to be ratified in the current session of parliament, reports UNB.Disclosing this, Information Minister Abul Kalam Azad Saturday said that with the ratification of the law, the...

BNP national council in July likely

2009-03-22 00:00:00

BNP is set to hold a national council by July 25, in line with electoral laws, said a senior party leader Saturday, reports bdnews24.com. "We will hold a national council after forming committees through elections at all party levels," BNP...

BDR carnage was a conspiracy, not mutiny, seminar told

2009-03-22 00:00:00

The bloodbath that took place at the BDR Headquarters in the city on February 25-26 was not a mutiny, but part of a bigger conspiracy which should be unveiled through a fair investigation, speakers told a roundtable here Saturday, reports...

BCL activists barricade road protesting arrest of their leaders

2009-03-22 00:00:00

PABNA, Mar 21 (UNB): Chhatra League activists put up a barricade on Pabna-Chatmohor-Dhaka road Saturday morning protesting against arrest of their three leaders on charge of extortion Friday night.Police arrested Shariful Islam Sharif, general secretary of Atgharia Upazila BCL unit,...

BDR being reconstituted with dedicated, honest, patriotic personnel: BDR DG

2009-03-22 00:00:00

JAMALPUR, Mar 21 (UNB): New chief of the mutiny-mangled Bangladesh Rifles (BDR) Brig Gen Md Mainul Islam Saturday said the paramilitary border force would be reconstituted under a new name with courageous and patriotic members who were still dedicated to...

Nat’l Load Despatch Centre to be launched by June

2009-03-22 00:00:00

Mehdi Musharraf BhuiyanThe country's state-owned power transmission authority 'Power Grid Company of Bangladesh (PGCB)' is likely to get a big boost in terms of communication infrastructure with the completion of National Load Despatch Center (NLDC) by the end of June...

IBBL holds annual dev confce in Khulna

2009-03-22 00:00:00

FE Report Khulna zone of Islami Bank Bangladesh Limited (IBBL) organised the Annual Development Conference-2009 at the Zia Hall in Khulna recently, said a press release. IBBL Managing Director M Fariduddin Ahmad was present as the chief guest, while its...

First CDM bio-fertiliser released in market

2009-03-22 00:00:00

The first bio-fertiliser produced in the country under the Clean Development Mechanism (CDM) was formally released in the market Saturday, reports BSS. The bio-fertiliser, named Waste Concern Jaiba Sar (WCJS) is being produced by Waste Concern and World Wide Recycling...

Pak IT assoc signs MoU with B'desh counterpart

2009-03-22 00:00:00

FE Report Pakistani IT firms are likely to avail all possible opportunities to work with Bangladesh's financial and public sectors seeking rapid automation of their multiple systems. In this regard, Pakistan Software Houses Association (PASHA) has signed Memorandum of Understanding...

Five-day BSCIC spring fair begins today

2009-03-22 00:00:00

FE ReportA five-day long spring fair and handicraft exhibition, organised by the Bangladesh Small and Cottage Industries Corporation (BSCIC), begins today (Sunday) at the BSCIC Bhaban at Motijheel in the capital to promote handicraft business. The Design Centre of BSCIC...