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WB vice president due in city today

2009-03-07 00:00:00

World Bank (WB) Vice President for South Asia Region Ms Isabel Guerrero arrives in the city today (Saturday) on a three-day visit to Bangladesh, reports UNB.The visit is to further strengthen the partnership between Bangladesh and the World Bank Group...

Global banking system remains broken

Peter Ryan | 2009-03-07 00:00:00

Today's dramatic action by the Bank of England underlines the worsening nature of the global financial crisis as credit markets remain frozen.The bank has dropped interest rates to 0.5 per cent and announced that it will create another 75 billion...

weekly currency roundup

March 01-March 05, 2009 | 2009-03-07 00:00:00

Commercial Bank of CeylonUS dollar had some volatility against Bangladeshi taka last week due to some large import payments in the beginning of the month.The greenback gained a bit on the very first day and the exchange rate of dollar...

IPL will go ahead : Modi

2009-03-07 00:00:00

The Indian Premier League will go ahead as planned - despite the attack on Sri Lanka's team in Pakistan, insists IPL commissioner Lalit Modi.Modi admitted that schedule changes will be needed because of clashes with national election polling dates, reports...

Petrobangla to suggest LNG import by pvt sector

FHM Humayan Kabir | 2009-03-07 00:00:00

The state-owned energy corporation Petrobangla would suggest the government to open up import of liquefied natural gas (LNG) to the private sector to weather the country's prevailing energy crisis, especially in the industrial hub Chittagong, officials said.'We've prepared some recommendations...

news digest

2009-03-07 00:00:00

US military deaths in Iraq war at 4,255As of Thursday at least 4,255 members of the US military had died in the Iraq war since it began in March 2003, according to the news agency count. The figure includes eight...

Ship breakers hike scrap prices on flimsy grounds

Jasim Uddin Haroon | 2009-03-07 00:00:00

The prices of mild steel rod (MS Rod) soared again by around Tk 7,000 a tonne over the past few weeks, dealing a blow to construction, which picked up recently after a gap of two years.Currently the price of 40-grade...

Threats to life from beyond earth

Syed Fattahul Alim | 2009-03-07 00:00:00

The world we live in was never hundred per cent safe. And the hazards that stare life in the face are numberless. So, it is a very hostile world in which life survives. But for a human, the most intelligent...

RU

RU Correspondent | 2009-03-07 00:00:00

RAJSHAHI UNIVERSITY, Mar 06: The two day golden jubilee programme of chemistry department of Rajshahi University (RU) will begin today (Saturday).Prof Mesbah Uddin, an eminent chemist and Vice-chancellor of Gono University, will be present as the chief guest while RU...

Berger Paints opens 13 outlets in Sylhet

FE Report | 2009-03-07 00:00:00

Berger Paints (BD) Limited opened 13 Berger ColorBank outlets in Sylhet recently, said a press release.In the first phase, Berger Paints (BD) Limited Managing Director Rupali Chowdhury inaugurated its outlets Aziz Paints at Amberkhana, Jamuna Paint & Hardware and Shahed...

Market overcomes mutiny shock

FE Report | 2009-03-07 00:00:00

Dhaka stocks remained steady in the week that ended Thursday, overcoming the shock the market had suffered due to the bloody mutiny in BDR headquarters the week before.During the week, the benchmark DSE General Index (DGEN) gained only 4.24 points...

Historic March 7 today

2009-03-07 00:00:00

The historic March 7 will be observed across the country today commemorating the momentous speech delivered by the Father of the Nation Bangabandhu Sheikh MujiburRahman in a public meeting at Racecourse Maidan (now Suhrawardy Udyan) on this day in 1971,...

Sri Lanka to open safe passage for civilians

2009-03-07 00:00:00

COLOMBO, Mar 6 (AP): The Sri Lankan government appealed Friday for tens of thousands of civilians to flee the northern war zone and said it would open two safe passages in the area for the exodus.The civilians are trapped along...

Asian shares fall as markets expect more US gloom

2009-03-07 00:00:00

HONG KONG, March 6 (AFP): Asian shares tumbled today as hopes faded for fresh Chinese stimulus measures and investors braced for a key US unemployment report expected to show further massive job losses.Tokyo fell 3.5 percent and Hong Kong ended...

Plans imperative to attain and maintain food security

Enayet Rasul | 2009-03-07 00:00:00

Food is considered as a strategic resource. If it were not so, then the European Union (EU) countries would not be producing so much food but get the same imported at a relatively cheaper price for consumption. EU countries produce...

Taliban kill two 'US spies' in Pakistan

2009-03-07 00:00:00

MIRANSHAH, Pakistan, Mar 6 (AFP): Taliban militants in Pakistan's restive tribal area today killed two men they accused of spying for US forces stationed across the border in Afghanistan, officials said.The bullet-riddled bodies of Afghan refugee Sher Khan and Pakistani...

PM to inaugurate Scout Health

2009-03-07 00:00:00

Education Camp Prime Minister Sheikh Hasina will inaugurate the Scout's Heath Education Camp throughout the country live on Television and Radio on March 9 at her Jamuna office, reports UNB.The Prime Minister will also attend a Tele/VDO conference with some...

S'pore-Bangladesh co to invest $4.793m for CETP in DEPZ

FE Report | 2009-03-06 00:00:00

D-Water CETP Ecosystems (BD) Limited, a Singapore-Bangladesh joint venture company, will invest US$ 4.793 million for setting up central effluent treatment plant (CETP) in Dhaka Export Processing Zone (DEPZ).In this connection, an agreement was signed between the Bangladesh Export Processing...

Govt to seek WB help to offset fallouts from global gloom

FHM Humayan Kabir | 2009-03-06 00:00:00

The government will seek World Bank support to weather the impact of the global economic crisis on Bangladesh's economy during talks with WB vice president in Dhaka next week, officials said Thursday.Isabel Guerrero will arrive in Dhaka on March 7...

Business's confidence in the economy

Syed Fattahul Alim | 2009-03-06 00:00:00

It will take some time before the nation may recover fully from the trauma that it has been through since the rebellion broke out at the Bangladesh Rifles (BDR) headquarters in the capital city. But in spite of the shock,...

Newspaper holiday Tuesday

2009-03-06 00:00:00

The offices of all newspapers and news agencies will remain closed Tuesday (March 10) on the occasion of Eid-e-Miladunnabi, reports UNB.Therefore, no newspaper will be published Wednesday (March 11), said a press release of Newspapers Owners' Association of Bangladesh.

China confident of growth despite global meltdown

2009-03-06 00:00:00

BEIJING, Mar 5 (AFP): A confident Chinese Premier Wen Jiabao said Thursday his country could still post eight percent economic growth in 2009 despite the global meltdown, as grim US data hinted at a prolonged recession.Although Wen admitted the world's...

Biman nosedive, MSC back on track

2009-03-06 00:00:00

Surjo Tarun brought high-flying Bangladesh Biman down by inflicting a massive 144-run defeat in the Premier Division Cricket League at the BKSP ground Thursday.Title contenders Mohammedan Sporting Club bounced back after handing BKSP a 23-run defeat at the Narayanganj Osmani...

Labourers must get payments

2009-03-06 00:00:00

It is my personal opinion, that the common labourer is the kind of creature that many of us only remember exists on or around the 1st of May-May Day-not before or afterwards.Who has built all these tall and large structures-from...

Saudi envoy meets Housing Minister

2009-03-06 00:00:00

Ambassador of Saudi Arabia Dr Abdullah NA Al Bussairy Thursday called on State Minister for Housing and Public Works Advocate Abdul Mannan Khan at his office, reports BSS.They discussed various issues regarding bilateral interest of the two friendly countries.Abdul Mannan...

Help implement local development projects

2009-03-06 00:00:00

Finance Minister AMA Muhith Thursday called upon the construction companies from both home and abroad to put their minds together on how they could help the country implement its development programmes, reports UNB."We've provision for incentives

Steps to restart closed mills in Khulna soon

2009-03-06 00:00:00

Industries Minister Dilip Barua Thursday told the House that the government would take measures to restart the closed mills in Khulna Industrial Area to revive its past glory, reports BSS."We will try to restart the mills which were closed down...

Migrant workers' welfare

2009-03-06 00:00:00

FOR their welfare, the migrant workers need support from the government. A welfare fund can do this whether they have work as well as when they lose their jobs or face difficulties because of situations like the current global economic...

Vain ego is an enemy

2009-03-06 00:00:00

'Amitta' (Egoism), in its extreme form, can be a heinous enemy in human life. This gradually turns a man into a beast, at times compelling him to commit crimes as well.Actually human beings have nothing to boast about 'Amitta' (Egoism)....

Warid offers 300pc bonus for prepaid subscribers

2009-03-06 00:00:00

Warid Telecom has come up with a special offer of 300 per cent bonus in talk-time and SMS along with SIM replacement facility for its Zem prepaid subscribers from Thursday, said a press release.According to the latest offer, Warid prepaid...