TOKYO, Feb 28 (Bloomberg): Asian stocks rose, paring the regional benchmark index's worst start to a year since 1990, as brokerages upgraded technology companies and on optimism Citigroup Inc. will avoid being nationalised.LG Display Company, the world's No. 2 maker...
WELLINGTON, Feb. 28 (Xinhua): New Zealand Trade Minister Tim Groser said today New Zealand dairy exporters will be among the big winners in a free trade deal signed between New Zealand, Australia and 10 Southeast Asian nations.The agreement, signed in...
Tea Australia 466 and 30 for 0 (Hughes 22*, Katich 6*) lead South Africa 220 (de Villiers 104*) by 276 runsA dazzling century from AB de Villiers- his eighth, in his 50th Test- wasn't enough for South Africa to avoid...
A high-powered committee, to investigate the BDR mutiny, aims to give a report within the next seven days, said home minister Sahara Khatun on Saturday, reports bdnews24.comThe home minister, who heads the probe body, told reporters after a first meeting...
Siddique Islam | 2009-03-01 00:00:00
The central bank will introduce Bangladesh Automated Clearing House (BACH) from August 3 this year aiming to facilitate business activities through modernising the payment and settlement system.Under the new system, payments will be settled using automated cheque clearing system and...
ORLANDO, Florida, Feb (Reuters): The United States has begun operating two types of radar-evading aircraft, a bomber and a fighter, for the first time together in the Pacific, the head of US air forces in the region said Friday.The pairing...
After a three-day break, the Premier Division Cricket League resumes tomorrow (Monday) with two matches billed for the day, reports UNB.On Monday, BKSP take on CCS at the Narayanganj Osmani Stadium and Partex SC meets Young Pegasus at BKSP in...
World number three Novak Djokovic claimed a hard-fought win over Frenchman Gilles Simon to reach the final of the Dubai Championships, reports BBC.The Serb needed two hours and 44 minutes to beat the world number eight 3-6 7-5 7-5."I really...
Sarwar Zahan | 2009-03-01 00:00:00
US dollar was steady against Bangladesh taka (BDT) in the inter-bank foreign exchange market last week despite higher demand for the greenback, as the supply of the US currency was adequate, fund managers said.The central bank was alert to intervene...
The scheduled namaj-e-janaza of the Army officers killed at BDR Headquarters has been postponed as more dead bodies are being retrieved from more mass graves at Peelkhana, reports UNB.An ISPR press release said: "Two more mass graves of the massacre...
Ishant Sharma could miss the first ODI against New Zealand in Napier on March 3 because of a shoulder problem. Ishant injured his shoulder during the second Twenty20 international and was able to bowl only two out of his quota...
FE Report | 2009-03-01 00:00:00
Md Rakibur Rahman was elected the new president of Dhaka Stock Exchange (DSE) Saturday for the next one year.The DSE board of directors in a meeting on the day also re-elected Saiful Islam as the senior vice president and elected...
Ishrat Mahmood | 2009-03-01 00:00:00
THE fund provided by the Islamic Development Bank (IDB) needs to be better utilised. The government needs to seriously address the issue as the resources from abroad are drying. The IDB has, time and again, assured Bangladesh of its support...
Bangladesh Olympic Association (BOA) Saturday expressed profound shock at the death of BDR director general and Weightlifting Federation president Maj Gen Shakil Ahmed in a tragic incident at the BDR Headquarters, reports UNB."His premature death caused an irreparable loss to...
WASHINGTON, Feb 28 (AFP): Afghanistan's interior minister said Friday 10,000 to 15,000 Taliban were fighting in the nation, offering a rare estimate on the insurgency which the new US administration has vowed to tackle.Minister Hanif Atmar dismissed the strength of...
DU Correspondent | 2009-03-01 00:00:00
All examinations of Dhaka University (DU), scheduled to be held in Arts Building and Curzon Hall, have been postponed until tomorrow (Monday) due to unavoidable circumstances.DU examination controller Bahalul Huq Chowdhury Saturday said the fresh timetable of the deferred examinations...
Maswood Alam Khan | 2009-03-01 00:00:00
LEGEND has it that brute commanders used to test loyalties of their soldiers by ordering them to embrace suicidal death in peacetime. Hitler, to boast about his command on his fanatically loyal soldiers, as the rumor goes, used to invite...
The government might announce an amnesty for the fake taxpayers identification number (TIN) holders so they could pay their overdue tax and avert punitive action against them, according to National Board of Revenue (NBR) sources, reports UNB."We may announce a...
Shahiduzzaman Khan | 2009-03-01 00:00:00
ADVANCED healthcare facilities are now being offered in Bangladesh on a limited scale. State-of-the-art facilities have been established and world class services are being provided by some major healthcare groups. They have opened branches in Bangladesh and are offering advanced...
UNITED NATIONS, Feb 28 (AFP): Tens of thousands of Sri Lankan civilians face "great danger" after being caught in fighting between Tamil rebels and the advancing military, a senior UN diplomat warned Friday."Estimates vary of the number of civilians trapped,...
Berger Paints Bangladesh Ltd arranged promotional trip to Thailand for its dealers as recognition of their previous business performance recently, said a press release.A total of 30 dealers visited different beautiful and exciting places of Bangkok and Pattaya.The programme included...
WASHINGTON, Feb 28 (AFP): The United States has no desire for a "long-term" military presence in Afghanistan despite plans to send more troops to the war-torn country, President Barack Obama said Friday."One of the things that I think we have...
FE Report | 2009-03-01 00:00:00
President of Citigroup Asia Pacific Shengman Zhang will arrive in the city tomorrow (Monday) on a two-day official visit, said a press release.During the visit, Shengman Zhang is scheduled to meet senior government officials, major clients of the banks in...
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...
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