How a disciplined force like the BDR, can suddenly come into the grip of mutiny is not understandable. The oversimplified and generalised comment that this was a result of longstanding grouse by the BDR soldiers against their officers, all of...
TAIPEI, Feb 28 (Reuters): US memory chipmaker Micron (MU.N) has offered funds and unconditional technology transfers for Taiwan's struggling DRAM sector, the island's Economic Daily News said Saturday, citing a company executive.In a bid to lead a consolidation of Taiwan's...
NEW DELHI, Feb 28 (Reuters): Indians have long believed no one holds a candle to Sachin Tendulkar and now the master batsman is having his image cast in wax at Madame Tussauds in London.Tendulkar's triumphant image will go up at...
COLOMBO, Feb 28 (AFP): Global ratings agency Fitch downgraded Sri Lanka's sovereign credit outlook to negative from stable yesterday as it warned the country could run out of foreign currency reserves."At end-2008, Sri Lanka's reserves covered just 1.3 months of...
FE Report | 2009-03-01 00:00:00
Two big close-end mutual funds worth Tk 8.0 billion will hit the country's stock markets this year, increasing the depth of the market.The mutual funds will be floated through joint initiatives of a number of financial institutions for the first...
The world economy is going through one of its worst times. Many major banks and financial institutions in the developed world have collapsed and many more survived with the government doles. The demand for goods and services has dropped significantly...
Paul Driessen | 2009-03-01 00:00:00
"Corporate social responsibility" (CSR) doctrine says companies must act ethically and further the well-being of society -- not merely seek to improve market shares and bottom lines.Ethical behavior is an essential element of business and capitalism. Companies that violate laws...
NEW DELHI, Feb 28 (PTI): India might be the biggest importer of gold, but it has not shipped in the precious metal in February as demand has slumped due to record high prices."There was no gold import during February in...
FE Report | 2009-03-01 00:00:00
Business leaders of the country Saturday strongly condemned the brutal killing of over one hundred high ranking army officers at the Bangladesh Rifles (BDR) headquarters in the capital during the two-day armed mutiny and conveyed sympathy to the bereaved family...
Al-Arafah Islami Bank Limited (AIBL) organised a day-long workshop for its branch managers on "Business Communication and Negotiation Technique" in the city recently.Managing Director of the bank MA Samad Sheikh inaugurated the workshop as the chief guest, said a press...
FLORIDA, Feb 28(AFP): Top-seeded American Mardy Fish clinched a spot in semi-finals of the ATP Delray Beach International Tennis Championships with a 7-6 (7/2), 7-6 (7/4) win over Florent Serra of France.In search of his first title since tasting victory...
Mr Md Nurul Islam Mollah has joined the Premier Bank Limited as additional managing director (ADM).Prior to joining the Premier Bank, he was the chief adviser of M/s American International, a USA-based company, which is the pioneer in introducing first...
The govt has ordered all BDR troops to return to their posts within 24 hours, reports bdnews24.com."All BDR personnel, absent form their posts in the wake of the quelled mutiny, have been asked to join their posts within the next...
LAHORE, Feb 28 (AP): With his supporters rioting for a third day, opposition leader Nawaz Sharif blamed Pakistan's government Friday for the political turmoil set off by a court order barring him from elected office - unrest that he warned...
The month-long Amar Ekushey book fair ended in the city Saturday as 2,741 new titles hit market during the annual event, with poetry dominating the list, reports BSS.Large crowds thronged the fair venue on the Bangla Academy premises on the...
From Fazle Rashid | 2009-03-01 00:00:00
NEW YORK, Feb 27: President Barack Hossain Obama unveiled yesterday a ten-year budget outline that showed this year's deficit rising to a staggering $1750 billion. He announced a budget proposal of $3.6 trillion for the fiscal 2010.The administration intends to...
The United Nations (UN) Secretary-General is distressed at the mounting death toll in the two-day violent mutiny by members of the Bangladesh Rifles (BDR), reports UNB.He condemns such brutal acts of violence, and extends his deepest sympathy to the victims,...
KHAR (Pakistan), FEB 28 (AP): Pakistani troops have defeated Taliban militants in two strongholds near the Afghan border after a grinding offensive, officers in both military operations said Saturday. Pakistan's military showcased its gains in the area as it faces...
BAGHDAD, Feb 28 (AP): Iraq's prime minister says the country's security forces have been tested and have shown they are ready to take over from US forces.Nouri al-Maliki also says President Barack Obama agreed in a phone call Friday on...
ladimir Putin yesterday warned Russia would clamp down on "selfish" unauthorised protests over an intensifying economic crisis, which he predicted was far from finished.His comments came after a string of unauthorised protest actions against his government's handling of the economic...
FE Report | 2009-03-01 00:00:00
Rangs Electronics Limited, widely known as Sony Rangs, formally opened its new central service centre at Airport Road in the city recently for better customer services, said a press release.Rangs Group Chairman and Managing Director Aktar Hussain inaugurated the service...
Different socio-political, professional and cultural organisations have condemned the massacre of army officers at BDR Peelkhana headquarters and expressed deep shock over the gruesome incident, reports BSS.They termed it a part of a big conspiracy against the nation and demanded...
WASHINGTON, Feb 28 (AP): The Obama administration said Friday that the United States will boycott an upcoming UN conference on racism unless its final document is changed to drop all references to Israel and the defamation of religion.At the same...
Matches of the Dhaka Metropolitan Selection Chess Tournament, the qualifying meet for the 35th National B, will begin at the Chess Federation hall room on March 8 at 3:30 pm, reports UNB.Interested players can register their names by March 6...
LIMA (Peru) (AP): The unusually intact fossilized skull of a giant, bony-toothed seabird that lived up to 10 million years ago was found on Peru's arid southern coast, researchers said Friday.The fossil is the best-preserved cranium ever found of a...
JOHANNESBURG, Feb 28 (AFP): Two already existing drugs to fight bacterial infections could combine to help treat the most deadly form of tuberculosis, according to a study published Friday.Researchers discovered a two-drug combination that blocks the growth of 13 strains...
NEW DELHI, Feb 28 (PTI): A bumper rice production may prompt India to lift export curbs on non-basmati variety by May, the Food and Agriculture Organisation of the United Nations said in a report."The curbs are expected to be lifted...
Central leaders of the ruling Awami League-led 14-party combine met with Prime Minister (PM) Sheikh Hasina at her official residence Saturday expressing deep condolences for the army officers brutally killed at the BDR Headquarters last Wednesday, reports UNB.Calling for national...
US citizen stabbed in | 2009-03-01 00:00:00
Cairo tourist areaCAIRO, Feb 28: An attacker stabbed a US citizen in front of his wife in a popular Cairo tourist area Friday in the second attack on foreigners in the Egyptian capital in less than a week, security sources...
Mehdi Musharraf Bhuiyan | 2009-03-01 00:00:00
After years of scramble for the North American market, local IT companies are now eyeing the Scandinavian Peninsula as their next potential market.Apart from a largely untapped IT outsourcing market with far less number of competitors, local software exporters also...
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