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Fare-war heats up Dhaka-KL route after Air Asia's entry

2009-03-22 00:00:00

A Z M AnasMalaysian Airlines has launched a fare-war on the Dhaka-Kuala Lumpur (KL) route, officials said Saturday, as it fights off competition from low-cost Air Asia to win back dwindling passengers. The KL-based carrier has cut back ticket prices...

Record foreign aid received despite downturn

2009-03-22 00:00:00

FHM Huyaman KabirBangladesh received a record foreign aid worth US$1.23 billion in the first eight months of the fiscal year defying the global economic downturn that has sharply cut aid to poor nations, officials said Saturday. The amount is $124...

14 killed in separate road mishaps

2009-03-22 00:00:00

Fourteen people were killed and at least 62 injured in three separate road accidents in Tangail and Faridpur Saturday, said the police, reports bdnews24.com.Ten people were killed and at least 35 injured as a bus and a truck collided head-on...

Ex-deputy speaker Akhter Hamid Siddiqui detained

2009-03-22 00:00:00

NAOGAON, Mar 21: Former deputy speaker and BNP leader Akhter Hamid Siddiqui was detained Saturday after his arrest from his residence as Mohadebpur thana officer-in-charge (OC) sued him on charge of "seditious" talk with the local police chief. The OC,...

Dhaka-Jakarta deal on money laundering

2009-03-22 00:00:00

Bangladesh and Indonesia have agreed to cooperate with each other in the fight against money laundering and terrorist financing. Quoting a top Indonesian official, Jakarta Post said Saturday an agreement was signed Monday in this regard. — UNB

Garment makers court foreign partners despite opposition from BGMEA

2009-03-22 00:00:00

Mushir AhmedAn increasing number of Bangladeshi garment manufacturers is joining hands with foreign textile groups to introduce new management technique and tread a high-value growth strategy that have eluded them for decades.Sweater giant SQ Group first set the trend two...

Bankers react angrily to US bid to slap punitive taxes on bonuses

2009-03-22 00:00:00

From Fazle RashidNEW YORK, Mar 21: Bankers on both sides of the Atlantic have reacted angrily against American bid to slap punitive taxes on bonuses paid to executives at the financial institutions which have received huge cash infusion from government....

Experts place 7-point plan to solve power crisis soon

2009-03-22 00:00:00

Experts in a roundtable discussion Saturday advanced a 7-point action plan to implement in 30 days for an immediate remedy to the unbearable power crisis, report UNB and bdnews24.com.The plan includes closing of shopping centres by 7.0pm, introducing separate holidays...

Buyers show interest in low-price cars

2009-03-22 00:00:00

FE Report Car buyers at the fourth auto show in the city showed interest in smaller and low priced motor vehicles, representatives of car manufactuers said. The fourth Dhaka Lucas Motor Show held at the Bangladesh-China Friendship Confernce Centre in...

BDR carnage: Accused to get opportunity for self-defence

2009-03-22 00:00:00

The accused of Peelkhana massacre will be given opportunity for self-defence in transparent trial on completion of the investigation, Law Minister Shafique Ahmed assured Saturday, reports UNB."Persons involved in the BDR mutiny will get a chance of self-defence in the...

DMCH emergency ward reopens after interns’ 'strike'

2009-03-22 00:00:00

Interns at Dhaka Medical College Hospital called off an 'indefinite strike' and the emergency ward was reopened Saturday morning after the death of a patient sparked overnight disturbances at Bangladesh's biggest public hospital, report UNB and bdnews24.com. Health Minister AFM...

Country misses another year in offshore HC exploration

2009-03-22 00:00:00

When the country is experiencing a nagging energy crisis, it is going to miss another year in exploring hydrocarbon in the offshore because of the government's indecision, reports UNB. Normally, hydrocarbon exploration is conducted in the sea during the dry...

KDS Logistics kicks off formal operation in Ctg

2009-03-22 00:00:00

M Azizur Rahman back from Chittagong KDS Logistics Ltd, country's largest private inland container depot (ICD), kicked off formal operation Saturday aiming to consolidate its leading position in providing complete off-dock services to facilitate international trade.Shipping Minister Afsarul Amin inaugurated...

CR cases push banks, FIs into risk of huge debt burden

2009-03-22 00:00:00

Non-settlement of a huge backlog of Complaint Registrar (CR) cases involving loan default under the Negotiable Instruments Act (NIA) has pushed the country's banks and financial institutions (FIs) into a risk of huge debt burden, reports UNB.In the magistrate courts...

Shops, chemical godown gutted in two fire incidents

2009-03-22 00:00:00

Two cloth shops in the Muktijudda Market at Mirpur and a chemical godown at Hazaribagh were gutted in two separate fire incidents in the city Saturday afternoon, reports UNB.Fire broke out on the ground floor of Muktijuddah Super Market at...

Two roasted alive in city factory fire

2009-03-22 00:00:00

Two female workers were burnt to death as a gauze-bandage factory went up in flames in the capital’s Kadamtoli area Saturday evening, reports UNB.The victims were identified as Rima (15) and Mary (16), both workers of Luna United Company located...

Small trader killed in city slum

2009-03-22 00:00:00

A small trader was killed and three others injured as gunmen sprayed bullets inside a city slum under Gulshan thana Saturday evening, reports UNB.The police quoting witnesses said a gang of gunmen entered Karail slums looking for one Raju in...

Bata Shoe holds prize distribution ceremony

2009-03-21 00:00:00

Bata Shoe Company (Bangladesh) Ltd and Care Bangladesh are working together to help increase the income generating capacity of Rural women and create new job opportunities through the sale of Bata products offering door to door service under the 'Rural...

Myanmar trade ties strengthened with neighbours despite sanctions

2009-03-21 00:00:00

YANGON, March 20 (AFP): Myanmar strengthened trading ties with its neighbours over the past fiscal year with border trade of more than 1.20 billion dollars in the past 11 months alone, official figures revealed Friday.A Commerce Ministry report showed that...

weekly currency roundup

2009-03-21 00:00:00

March 15-March 19, 2009Standard Chartered BankUS dollar continued to remain strong against Bangladesh Taka. Early in the week there was a significant uptrend, but the market lost steam by the end of the week. The market was active, and there...

Obama offers new start with Iran

2009-03-21 00:00:00

WASHINGTON, Mar 20 (Reuters): President Barack Obama issued an unprecedented videotaped appeal to Iran Friday offering a "new beginning" of diplomatic engagement to turn the page on decades of US policy toward America's longtime foe."My administration is now committed to...

Forty militants killed in Afghanistan

2009-03-21 00:00:00

KABUL, Mar 20 (AFP): Afghan and US authorities said Friday troops killed 40 militants in some of the heaviest fighting this year in Afghanistan, which is gripped by mounting Taliban insurgent violence.In the biggest clash, the US military said 30...

Australia for political deal to end S Lanka crisis

2009-03-21 00:00:00

COLOMBO, Mar 20 (AFP): Australia called on Sri Lanka Friday to present "credible political reforms" to end ethnic bloodshed, and expressed grave concern over the worsening humanitarian crisis in the island's north.Australian Foreign Minister Stephen Smith also asked Sri Lanka's...

N Korea assembly to meet one day after missile test

2009-03-21 00:00:00

SEOUL, Mar 20 (AFP): North Korea's new parliament will convene on April 9, one day after the period set aside for a rocket launch, according to state media, in a sign it will seek maximum political mileage from the event.Analysts...

Seven killed as small plane crashes in Ecuador

2009-03-21 00:00:00

QUITO, Ecuador, Mar 20 (AP): An upscale neighbourhood in Ecuador's capital turned into a charred, smoky disaster scene when a small army plane crashed into an apartment building, killing seven people and sending a fireball into the evening sky.The plane...

news digest

2009-03-21 00:00:00

Militants' rocket in Pakistan tribal area kills 10PESHAWAR, Mar 20: Security forces launched a hunt Friday for suspected Taliban militants who fired rockets toward their base in northwest Pakistan, killing 10 people near a key supply route for international forces...

Dhaka Mohammedans sail

2009-03-21 00:00:00

Dhaka Mohammedans SC earned a hard-fought 1-0 win over Chittagong Mohammedans in the first leg of Cup semifinal of the Citycell Super Cup Football at the Bangabandhu National Stadium in Dhaka Friday, reports UNB.Dhaka Mohammedans will play the return semifinal...

Proteas ride on Prince ton

2009-03-21 00:00:00

Tea South Africa 256 for 2 (Prince 119*, Kallis 39*) lead Australia 209 by 47 runsAshwell Prince hit an imperious century in his first international outing in over four months to take South Africa into the lead. With the series...

Sachin's 42nd fortifies India

2009-03-21 00:00:00

HAMILTON, Mar 20 (AFP) : A near-flawless 160 by Sachin Tendulkar and three wickets for India in New Zealand's second innings put the tourists in total charge on the third day of the first Test here Friday.At stumps the home...

IPL to buy bullet-proof buses

2009-03-21 00:00:00

NEW DELHI, Mar 20 : Cricket's Indian Premier League (IPL) is shopping for bullet-proof buses and cars in a bid to protect its star players, The Times of India reported Friday.It said a South African private security firm hired by...