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MoU with S Korea on energy sector cooperation Nov 15

2007-11-12 00:00:00

M Azizur RahmanThe government is set to sign a memorandum of understanding (MoU) with the South Korean government along with a consortium of five South Korean companies to boost bilateral cooperation in energy sector."A 15-member South Korean delegation led by...

C'wealth may support institutional capacity building projects

2007-11-12 00:00:00

Naim-Ul-KarimThe Commonwealth Secretariat will consider extending more support to Bangladesh's institutional capacity building and socio-economic development related programmes if the country approaches with specific projects."If Bangladesh approaches with any specific project aiming at poverty eradication and institutional capacity building obviously...

Dollar, call rate stable

2007-11-12 00:00:00

FE ReportThe US dollar was stable against the Bangladesh taka (BDT) Sunday in the inter-bank foreign exchange market with steady demand for the greenback, fund managers said.The market remained moderately active due to weekend in the international market. The central...

CA calls for raising voice against violence on women

2007-11-12 00:00:00

Chief Adviser (CA) Fakhruddin Ahmed called for ending domestic violence against women through properly following social, state and religious rules, regulations, instructions and values, reports UNB. "To prevent repression on women they have to be given equal rights considering them...

Dhaka Club denies charge of grabbing

2007-11-12 00:00:00

Suhrawardy Udyan The authorities of Dhaka Club Limited, the oldest elite private club in the city, Sunday refuted the allegation that it had grabbed golf course land in Suhrawardy Udyan, reports UNB."We (Dhaka Club) have no intention of grabbing golf...

Asian currencies up against dollar

2007-11-12 00:00:00

HONG KONG, Nov 11 (AFP): Asian currencies ended the week mostly up against the dollar, with the Australian dollar heading towards parity with the greenback. JAPANESE YEN: The Japanese yen advanced in the past week as the dollar plunged amid...

Iran, Pakistan finalise multi-billion dollar gas pipeline contract

2007-11-12 00:00:00

Dubai, Nov 11 (PTI): Iran and Pakistan yesterday finalised the text of USD 7.4 billion gas pipeline project contract in Tehran without the participation of India, which is the third partner in the project. Pakistan and Iran have agreed to...

$100 oil to put Myanmar junta over a barrel again

2007-11-12 00:00:00

BANGKOK, Nov 11 (Reuters): Oil was $72 a barrel in August when a budget crunch forced Myanmar's ruling generals to slash fuel subsidies, sparking protests that snowballed into the biggest anti-junta uprising in two decades. Since then, crude prices have...

India to become third largest oil importer before ‘25

2007-11-12 00:00:00

India is set to become the world's third largest oil importer after the US and China before 2025, according to the International Energy Agency (IEA) according to Internet. While India's importance as an exporter of refined oil products would increase...

Gold soars as a perfect storm begins to gather

2007-11-12 00:00:00

If a preoccupation with the weather is a curiously English phenomenon, then nothing could be as compelling a story as a "perfect storm" - a rare occurrence in which several weather conditions come together to destructive effect according to Internet....

First hajj-flight takes off

2007-11-12 00:00:00

The first Biman Bangladesh Airlines hajj flight left Dhaka at 6:55am Monday with 285 pilgrims on board, a top official said. Khan Mosharraf Hossain, deputy general manager (public relations) of Biman, told bdnews24.com that the second hajj flight is scheduled...

More young people use internet in Vietnam than India

2007-11-11 00:00:00

Elsa WenzelLike much of the developing world, Vietnam is caught between one era of pushcarts and foot-pedals, and a generation growing accustomed to SUVs and mobile phones. As the one-party, communist state embraces capitalism and foreign trade, Vietnam's gross domestic...

Google eyeing to conquer mobile work with its Android software

2007-11-11 00:00:00

Elinor Mills The search king became popular more than a decade after PCs went mainstream and several years after the Web became a staple. Has Google done exceptionally well? Of course. But it's one of many companies vying for the...

Silver lining on the copyright cloud?

2007-11-11 00:00:00

Jonathan Richards Will it be the silver lining media companies have been hoping for?There has been a lot floundering about how content owners should protect their material from being copied illegally and shared on the internet.A broad consensus seems to...

Why a child befriends his robot

2007-11-11 00:00:00

Children could soon be making friends with robots at nursery school. Scientists have developed a childlike machine that toddlers can be taught to regard as human. It is hoped that the robots will help to improve the children's behaviour and...

Latest MP3 sunglasses

2007-11-11 00:00:00

Oakley has announced the latest redesign of their popular Thump series of MP3 player sunglasses. The new design, called the Split Thump, will be out for the holidays in both black and white, offered at 512MB ($249), 1GB ($299), and...

Food security under threat

2007-11-11 00:00:00

Country's food security seems to be under serious threat, both in short and long terms. Two consecutive floods in the months of July and August this year, disruptions in the supply of farm inputs, including fertilisers, seeds and diesel, have...

Taming the skyrocketing prices of essentials

2007-11-11 00:00:00

Shahiduzzaman KhanFood and Disaster Management Adviser Tapan Chowdhury has given the people an avowed assurance that the prices of rice would come down after the next Boro harvest, which government estimates say is going to have a bumper production. He...

Worries deepen over future of Pakistan

2007-11-11 00:00:00

Farhan Bokhari and Quentin PeelSHARES on the Karachi stock exchange, the Pakistani military regime's main economic showpiece, fell more than 4.0 per cent in the wake of the imposition of emergency rule.The fall prompted worries over the future of investments...

The significance of free thinking

2007-11-11 00:00:00

M A SamadTHE ultra conservatives in almost all settings have their very narrow view of the world. Besides, they also suffer perhaps from an excess of self-esteem and righteousness. The world view of such orthodox elements are too inflexible, too...

Improving the national image

2007-11-11 00:00:00

There are many determinants of foreign direct investments (FDIs) such as a positive macro-economic environment, sound state of infrastructures, easily trainable workers, good terms and conditions for repatriation of capital and profit by the investors, etc. Bangladesh is not lacking...

Burkle gets Bill Clinton's ear, no respect from Ovitz

2007-11-11 00:00:00

Seth Lubove“Sweet'' Alice Harris can't heap enough praise on Los Angeles billionaire Ronald Burkle. The founder of investment firm Yucaipa Cos., Burkle made his fortune in the grocery business and opened the first supermarket in the gritty Watts neighborhood long...

Democrats defy Bush veto threat on spending plan

2007-11-11 00:00:00

Brian FaleDemocratic lawmakers, ignoring a veto threat, will try to force President George W. Bush to approve an increase in domestic spending by combining it with legislation funding military construction and veterans' programs. Lawmakers said they will merge the appropriations...

China threatens to block industrial goods deal at WTO

2007-11-11 00:00:00

GENEVA, Nov 10 (AFP): China has threatened to veto any proposals on cutting customs tariffs on industrial goods at the World Trade Organisation (WTO) if its requests are not met, trade sources said yesterday. During a meeting of the negotiating...

Bleak US consumer outlook eclipses trade gap gains

2007-11-11 00:00:00

NEW YORK, Nov 10 (Reuters): US consumer sentiment tumbled in early November to its lowest since the grim aftermath of Hurricane Katrina, overshadowing a favourable report yesterday that booming exports trimmed the trade deficit to its slimmest since May 2005....

Financial turmoil, oil price to bring down European economic growth

2007-11-11 00:00:00

BRUSSELS, Nov 10 (Xinhua): The European economy was set to grow at a slower pace in the next two years as the financial turmoil and hiking oil prices began to bite, the European Commission said yesterday. In an economic forecast...

US, EU team up to tell China to abide by int'l trade rules

2007-11-11 00:00:00

WASHINGTON, Nov 10 (AFP): The United States and the European Union joined forces yesterday in a bid to "convince" China that it would be in its best interest to abide by the rules of international trade. The China "challenge" was...

Nepal's foreign employment soars by 26pc

2007-11-11 00:00:00

KATHMANDU, Nov 10 (Xinhua): The number of Nepali workers leaving for overseas jobs went up by a whopping 26 per cent in the first three months of the current fiscal year starting in mid-July, as compared to the same period...

40,000 workers on strike in UAE

2007-11-11 00:00:00

DUBAI, Nov 10 (PTI): In perhaps the longest such stir in the UAE, nearly 40,000 construction workers, a majority of them Indians, are on strike for the last eight days demanding better salaries and living conditions. The workers employed with...

Oil prices flirt with 100 dollar-landmark

2007-11-11 00:00:00

LONDON, Nov 10 (AFP): Crude oil prices struck new historic heights this week, surging above 98 dollars a barrel for the first time, on fears of tight energy supplies in the United States, the world's biggest energy user. Gold futures...