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Army is an integral part of government

2007-11-02 00:00:00

M Zakiul IslamThe phrase 'military-backed government' was probably used first by 'The Economist' of London to describe the present system of Government in Bangladesh. They always love to put a label, especially if it has to do something with the...

Banks' idle funds

2007-11-02 00:00:00

ACCORDING to reports, the banks in Bangladesh currently maintain a huge surplus of liquidity Excess of funds with the banks suggests that they are not doing business at the expected level which consists in facilitating borrowings by the entrepreneurs and...

Trade issues with India

2007-11-02 00:00:00

IN the present situation, India enjoys one sided huge advantage in its formal and informal trade with Bangladesh. With a free trade agreement(FTA) in place, this picture could change considerably with Bangladeshi export products reaching Indian markets in significantly increased...

Strauss-Kahn takes IMF helm to restore its relevance, finances

2007-11-02 00:00:00

WASHINGTON, Nov 1 (AFP): Frenchman Dominique Strauss-Kahn takes the helm of the International Monetary Fund (IMF) today on a critical mission: to restore the aging institution's relevance and finances. Created to promote global financial stability, the IMF finds itself 63...

WTO trade talks slanted against poor nations: Brazil

2007-11-02 00:00:00

GENEVA, Nov 1 (Reuters): The long-running Doha round of trade talks cannot succeed unless developing countries get a fair deal reflecting their needs, Brazil's Foreign Minister Celso Amorim said yesterday. Amorim told a news conference that the talks were still...

Chinese companies strive to restore 'made-in-China' image at Canton Fair

2007-11-02 00:00:00

GUANGZHOU, Nov 1 (Xinhua): Chinese companies have chosen the Canton Fair, China's largest trade show, to restore the battered image of "Made-in-China" after a series of product safety incidents attracted critical headlines across the world this summer. The fair, which...

Airbus in talks to sell seven production units

2007-11-02 00:00:00

BANGALORE, India, Nov 1 (AFP): European aircraft maker Airbus is in talks to sell seven production bases in Europe to concentrate on the business of making planes, chief executive Tom Enders said here. The seven units manufacture "aerostructures," components and...

World Bank lifts funding access for Vietnam

2007-11-02 00:00:00

HANOI, Nov 1 (AFP): The World Bank today improved funding access for Vietnam, placing it within the ranks of middle income countries due to good development progress and increasing credit worthiness. World Bank country director Ajay Chhibber said Vietnam could...

Oil prices scale record highs in Asian trade

2007-11-02 00:00:00

SINGAPORE, Nov 1 (AFP): Oil prices scaled record highs of more than 95 dollars a barrel in Asian trade today after the Federal Reserve lowered interest rates and following news of a surprise decline in US crude stocks. New York's...

Gold hits fresh 28-year peak on Fed cut

2007-11-02 00:00:00

NEW YORK, Nov 1 (Reuters): Gold hit a fresh 28-year peak yesterday as crude oil thundered to a fresh record high and the dollar slumped to all-time lows against major currencies after the US Federal Reserve cut key interest rates....

BKB officers award meritorious offsprings

2007-11-02 00:00:00

FE ReportThe central committee of the Bangladesh Krishi Bank Officers' Welfare Association organised a colourful reception at the bank's divisional office in Khulna Saturday for the meritorious children of the bank's personnel, who achieved brilliant results in different examinations. Crests...

China pulls export licences of 764 toy makers

2007-11-02 00:00:00

BEIJING, Nov 1 (Reuters): China suspended the export licences of 764 toy manufacturers in the southern province of Guangdong last month because of quality problems, state media said today. The Guangdong Quality Technology Supervision Administration conducted a province-wide investigation into...

Third round of National Cricket League begins today

2007-11-02 00:00:00

The third round of the Ispahani Mirzapore Tea 9th National Cricket League begins Friday with four-day matches at three venues across the country with league leaders Rajshahi Division playing their first away match against Chittagong Division at the Bir Shreshtho...

Injury rules Asif out of first three ODIs

2007-11-02 00:00:00

Mohammad Asif will miss at least the first three matches of the ODI series against India with a long-standing elbow problem, the Pakistan board announced on the day of the team's departure to Delhi, according to website cricinfo. Asif missed...

MacGill, Hogg, Jaques in Test squad

2007-11-02 00:00:00

Stuart MacGill and Brad Hogg will have to wait a while longer to find out who gets the spinner's spot after Australia named both in a squad of 13 for next week's first Test against Sri Lanka. There were no...

Federer, Nadal, Blake advance to third round of Paris Masters

2007-11-02 00:00:00

PARIS, Nov 1 (AP): Top-seeded Roger Federer beat Ivo Karlovic of Croatia 6-3, 4-6, 6-3 Wednesday to reach the third round of the Paris Masters and earn a chance to avenge his loss to David Nalbandian less than two weeks...

Orient win over Udiyoman

2007-11-02 00:00:00

Orient Cricket Academy notched a comfortable 77-run victory over Udiyoman Cricket Academy Dhanmondi in a qualifying round match of the Metropolis third Division Cricket League at the Dhaka University ground Thursday, reports UNB.Winning the toss, Orient CA batted first to...

Bangladesh suffers 36-12 defeat to India in kabaddi

2007-11-02 00:00:00

Bangladesh suffered defeat to India by 36-12 points in their 3rd match of the Asian Indoor Games Kabaddi held in Macaw Thursday, reports UNB.In the day's other match, Bangladesh lost to Iran by 35-16 points.Bangladesh will play the remaining two...

Japan Cup Karate begins today

2007-11-02 00:00:00

The third Japan Cup Karate Competition begins in the city today (Friday) at the National Sports Council (NSC) gymnasium, reports UNB.Japanese Ambassador to Bangladesh Masayuki Inoue will be the chief guest in the closing function of the daylong meet, organised...

No surprises as Dunga names Brazil squad

2007-11-02 00:00:00

RIO DE JANEIRO, Nov 1 (AFP): Brazil coach Dunga on Wednesday announced a largely his squad for the South American zone World Cup 2010 qualifying matches against Peru in Lima on November 18 and Uruguay at Sao Paolo three days...

Separation of the judiciary from the executive

2007-11-01 00:00:00

The separation of the judiciary from the executive from today is indeed a significant event in the history of Bangladesh. There were many reasons for eagerly waiting for this development. First of all, the judiciary's separation has been an unfulfilled...

Are stock prices running afoul of fundamentals?

2007-11-01 00:00:00

Enayet RasulA bullish trend in the share market should be ordinarily welcome. It motivates people buy and sell shares to make money and invest in securities. But a bullish trend, fed entirely by the prospect of making a fast buck...

India's over-weight and over-stressed rich

2007-11-01 00:00:00

Amy YeeIN a bustling working-class neighbourhood in west Delhi, doctors and nurses recently set up a clinic to offer free check-ups. About 450 residents took part in the "heart camp" to check their blood pressure and blood sugar and even...

Fine-tuning the investigation process

2007-11-01 00:00:00

Mahmudul HaqueCHARGES started by the government against the nabobs of corruption of the past regimes, were generally welcomed by people. The more appreciated action has been taking most of the charged ones under custody. The ones against whom the due...

Supporting export activities

2007-11-01 00:00:00

FOR export activities to substantially increase, the factor of greatest significance is greater dynamism on the part of the exporters themselves. It was suggested long ago that even in the export of RMG Bangladeshi exporters could further diversify their markets....

Saving transportation costs

2007-11-01 00:00:00

A recent newspaper report, quoting a study sponsored by one of the multilateral capital donors stated that the Bangladesh economy can gain from 1.0 per cent rise in its total economic output and foreign trade by 20 per cent if...

Maintenance of public transports

2007-11-01 00:00:00

RECKLESS driving is rampant in our country. It is particularly a very common practice, particularly among the drivers of public transports. From a rickshawpuller to a bus or truck driver, everyone indulges in reckless driving and causes damage to either...

Landless farmers in India demand a piece of the action

2007-11-01 00:00:00

Bharat DograAs India revelled over the emergence of homegrown businessman Mukesh Ambani as the world's richest person, following a stock market spike this week, landless labourers and socially marginalised groups marched into the capital by the thousand demanding a piece...

Iraq: when Blackwater kills, no questions asked

2007-11-01 00:00:00

Ali al-Fadhily The recent attacks by Blackwater USA mercenaries in Baghdad are far from the first -- and many believe they will not be the last.Seventeen Iraqis were killed Sep. 16, and another 27 wounded at Nisoor square in western...

Power cuts lead to sewage spills in S Africa

2007-11-01 00:00:00

Steven LangSewage plants in South Africa's northern Gauteng Province poured millions of litres of untreated waste into three rivers between the capital, Pretoria, and the commercial centre of Johannesburg earlier this month. National power utility Eskom cut electricity to the...