FE Today Logo

Search results for:


'Unbridled greed' blamed for global economic woes

2009-03-03 00:00:00

JAKARTA, March 2 (AFP): Malaysian Prime Minister Abdullah Ahmad Badawi blamed "unbridled greed" today for the global financial crisis as business people from the Islamic world gathered for an economic conference.Badawi called for a new financial system to replace the...

SC upholds HC verdict on reinstatement of 10 judges

2009-03-03 00:00:00

The Supreme Court (SC) Monday affirmed partly the High Court (HC) judgement that had ordered the government to reinstate 10 confirmation-denied additional judges as regular HC judges, sans seniority, from the date of non-confirmation, reports UNB.Passing a short order with...

Isolating the extremists

2009-03-03 00:00:00

IT is too apparent that the JMB has regrouped. After the Gazipur incident, no amount of clever comments from the government leaders can quite hide its presence. The resurfacing of JMB is now likely to tag Bangladesh as a terrorism-infested...

Fish rallies to win Delray Beach event

2009-03-03 00:00:00

DELRAY BEACH, Mar 2 (AFP): American Mardy Fish rallied to beat Evgeny Korolev 7-5, 6-3 Sunday, becoming the first top seed to win the ATP Delray Beach International Championship in the 17-year history of the event.Fish also became the first...

Iran dismisses US concerns about nuclear material

2009-03-03 00:00:00

TEHRAN, Mar 2 (AP): Iran dismissed Monday US concerns about how much fissile material the country has produced, saying it isn't developing a nuclear bomb and that any effort to make weapons-grade uranium would be difficult under the eyes of...

Dilshan helps SL amass 606

2009-03-03 00:00:00

LAHORE, Mar 2 (Cricinfo): Umar Gul produced a sparkling spell of reverse swing and Pakistan's aggressive openers got off to a flying start but the pressure was still on the home side after Sri Lanka reached 606 in their first...

Call rate steady, dollar stronger

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

The inter-bank call money rate was steady Monday, as the central bank injected fresh cash into the market through repurchase agreement (repo). The US dollar, however, gained against Bangladesh taka (BDT) in the inter-bank foreign exchange market due to higher...

President, PM greet Bulgarian counterparts

2009-03-03 00:00:00

President Zillur Rahman and Prime Minister (PM) Sheikh Hasina have greeted their Bulgarian counterparts on the occasion of the Liberation Day of the country, reports UNB.In separate messages, the President and the PM expressed their confidence that the existing friendly...

Disciplined Australia take series lead

2009-03-03 00:00:00

JOHANNESBURG, mar 2 (cricinfo): Write off Australia only if you wish to be called a fool. South Africa's coronation as the world's best Test side was put on hold as an Australian team with three debutants in the ranks routed...

Military inquiry body to probe BDR carnage

2009-03-03 00:00:00

A high-powered army inquiry committee, headed by Quartermaster General Lt Gen Jahangir Alam Chowdhury, starts functioning today (Tuesday) to investigate the carnage inside the BDR headquarters, reports UNB.Briefing reporters at the Army Officers Banquet Hall in Dhaka Cantonment on Monday...

BNP stages walkout protesting not telecasting Khaleda's speech on BTV

2009-03-03 00:00:00

The opposition BNP Monday staged a walkout from the House protesting against not telecasting the speech of Leader of the Opposition Khaleda Zia Sunday night on Bangladesh Television (BTV), reports BSS.Rising on a point of order during the 'zero hour'...

Political turmoil to exacerbate Pakistan economy

2009-03-03 00:00:00

KARACHI, March 2 (AFP): Political turmoil in Pakistan after a court banned the most popular opposition leader running for public office could make the stagnant economy even more dependent on US aid and IMF bailouts.Thousands of supporters of Nawaz Sharif...

US must cancel military drill with South: N Korea

2009-03-03 00:00:00

SEOUL, Mar 2 (AP): North Korea demanded Monday that the US call off its annual military drill with South Korea, a report said, as rare talks between the North and UN forces ended without clear progress on defusing tensions.South Korea's...

Exports to decline from March as UD issuance falls sharply

Sheikh Shahariar Zaman | 2009-03-03 00:00:00

Apparel export would fall in the coming months due to global economic crisis, as fewer raw materials were being imported into the country under a tax-free facility for shipment to major markets.Clothing manufacturers avail the facility, under utilisation declaration (UD)...

Edn UK Exhibition begins Mar 8

DU Correspondent | 2009-03-03 00:00:00

The 11th 'Education UK Exhibition-2009' will take place at Dhaka Sheraton Hotel from March 8 to 9. A daylong exhibition will also be held at Hotel Peninsula in Chittagong on March 11.Organisers at a press conference in the city Monday...

Manufacturing, exports data show grim Indian outlook

2009-03-03 00:00:00

MUMBAI, March 2 (Reuters): Indian manufacturing activity shrank for a fourth straight month in February and exports fell again in January, showing the economy remained under pressure in early 2009 and bolstering expectations of a rate cut.The data followed figures...

Oil prices fall in Asian trade

2009-03-03 00:00:00

SINGAPORE, March 2 (AFP): Oil prices fell in Asian trade today on demand concerns after the US economy performed below expectations in the fourth quarter, dealers said.New York's main futures contract, light sweet crude for April delivery, fell 1.18 dollars...

Int'l Mother Language Day observed in Feni

2009-03-03 00:00:00

The International Mother Language Day was observed on the Shonapur Primary School playground in Feni recently, said a press release.In this connection, a discussion and a cultural function were organised by Shonapur Shangskritic Dal.Chairman of Fulgazi Upazila Ekramul Hoque was...

For uniform accounting standards

Mozzamel Hossain | 2009-03-03 00:00:00

BUSINESS in the country continues to look upon accounting as nothing more than book-keeping of routine expenditures and sales returns.But modern accounting involves regular and meticulous preparation of balance sheets to thoroughly reflect the operations of business organisations including their...

UN report warns fishing industry on climate change

2009-03-03 00:00:00

ROME, March 2 (AFP): The fishing industry must do more to confront the effects of climate change as well as get a grip on the perennial problem of overfishing, said a UN report published today.The State of World Fisheries and...

Scotland-Wales Euro 2016 bid abandoned

2009-03-03 00:00:00

CARDIFF, mar 2 (AFP): Scotland and Wales have abandoned a planned joint bid to host the 2016 European Championships due to the economic downturn, Welsh football chiefs said Sunday.The Football Association of Wales said UEFA's decision to expand the tournament...

More bodies pay tributes to slain army officers

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

More trade bodies, chambers, companies and organisations paid tributes to the army officers, BDR personnel and civilians killed in the Peelkhana tragedy on February 25 last.Dhaka Chamber of Commerce and Industry (DCCI), Bangladesh Association of Pharmaceutical Industries (BAPI), Green Delta...

Hyundai wins $1.3b order from S Arabia

2009-03-03 00:00:00

SEOUL, March 2 (AFP): South Korea's Hyundai Engineering and Construction said today it has won a 1.3-billion-dollar order to build a gas processing plant in Saudi Arabia.Under the 2-05 trillion-won deal with Saudi Aramco, Hyundai Engineering said it would build...

Arrest warrant issued against ex-Information Secy in defamation case

2009-03-03 00:00:00

Chief Metropolitan Magistrate court Monday ordered warrant of arrest against former Information Secretary ATM Fazlul Karim alias Abu Karim in the defamation case for undermining Bangabandhu Sheikh Mujibur Rahman and his family members in one of his poems, reports UNB.Awami...

Gardner buries Newcastle

2009-03-03 00:00:00

BOLTON, England, Mar 2 (AFP): Ricardo Gardner scored with his first touch of the game to help Bolton boss Gary Megson celebrate his new contract with a 1-0 win over visitors Newcastle United at the Reebok Stadium.Megson brought on Gardner...

Four Bangladeshi cos take part in FOODEX Japan

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

Four Bangladeshi companies will showcase their food products at the four-day FOODEX Japan 2009, the biggest food and beverage exhibition in the Asia Pacific region, starting from today (Tuesday) in Chiba city.The exhibition is a good opportunity for local companies...

$200m UAE aid likely for building Padma Bridge

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

The government is likely to receive nearly US$200 million from the United Arab Emirates (UAE) for construction of Padma Bridge, officials said Monday."The Abu Dhabi Fund for Development has agreed in principal to provide money to build the bridge," secretary...

US, UK assure intelligence aid in probing BDR tragedy

2009-03-03 00:00:00

The United States (US) and the United Kingdom (UK) have assured FBI and Scotland Yard's help in investigating the BDR carnage, Foreign Minister Dipu Moni said Monday, reports UNB.US Ambassador James Moriarty and British High Commissioner Stephen Evans gave the...

China urges state firms to improve risk controls

2009-03-03 00:00:00

BEIJING, March 2 (Reuters): China issued on Monday a strongly worded appeal to state-owned enterprises to better manage investment risks as the global financial crisis deepens.State-owned firms will be required to apply a stricter set of standards when making investment...

Schoolgirl killed after abduction

2009-03-03 00:00:00

Body of a schoolgirl, kidnapped from Keraniganj thana on February 26, was recovered from a paddy field at Dhutrabari under Shibalaya Upazila Sunday, reports UNB from Manikgonj.Police and victim's family said Onamika Ghosh (9), class III student of Pacific Kindergarten,...