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Dalai Lama urges fellow Tibetan exiles to improve contacts with Chinese people

2008-11-24 00:00:00

The Dalai Lama has urged his fellow Tibetan exiles in India to improve contacts with ordinary Chinese people, saying he has always had faith in them, report agencies. By contrast, he argued, the Chinese government remained repressive in Tibet and...

news digest

2008-11-24 00:00:00

Tight security as second stage Kashmir elections begin GANDERBAL, (India), Nov 23: Hundreds of voting stations were opened Sunday for a second stage of state elections in Indian Kashmir as thousands of troops provided tight security, officials said. The voting...

Zardari supports no-first-use nuclear policy

2008-11-24 00:00:00

NEW DELHI, Nov 23 (AFP): Pakistan President Asif Ali Zardari said he was in favour of a no-first-use policy on nuclear weapons, a stance already announced by neighbouring India. "Most definitely," Zardari said Saturday evening via videolink from his home...

Astronauts try to work out kinks in urine machine

2008-11-24 00:00:00

HOUSTON, Nov 23 (AP): Astronauts hope they have a solution for getting a pivotal piece of equipment working so it can convert urine and sweat into drinkable water and allow the international space station to grow to six crew members.Flight...

Venezuela set for 'critical' vote

2008-11-24 00:00:00

Venezuelans are set to vote in local elections to choose new state governors and over 300 mayors across the country, reports BBC.The polls are being seen as a critical test for President Hugo Chavez, whose allies won in all but...

South Korea stands firm as tension rises with North

2008-11-24 00:00:00

SEOUL, Nov 23 (Reuters): South Korea made clear on Sunday it will not back down in mounting tensions with North Korea, which has threatened to shut their heavily armed border next week over what it sees as Seoul's antagonistic approach...

Asian, American leaders back free trade to ease crisis

2008-11-24 00:00:00

LIMA, Nov 23 (Reuters): Leaders from Asia and the Americas promised Saturday to push for a global free trade deal and reform international lenders in an effort to keep the world from sliding into a deep recession.US President George W...

APEC leaders, OECD move to ease credit crunch

2008-11-24 00:00:00

LIMA, Nov 23 (AFP): Asia-Pacific leaders and the Organisation for Economic Cooperation and Development (OECD), a forum of the rich nations, have sought to ease extremely tight trade credit for export-driven regional economies amid financial turmoil. The move came on...

Germany proves reluctant to adapt its tax systems to attract Islamic finance

2008-11-24 00:00:00

FRANKFURT, Nov 23 (AFP): Despite a huge potential client base, Germany has proven reluctant to adapt its legal and tax systems to attract Islamic finance, which has enjoyed stellar success in Britain. However Islamic investment funds based abroad are beginning...

Brown calls for 'new approach' to haul world economy thru’ crisis

2008-11-24 00:00:00

LONDON, Nov 23 (AFP): British Prime Minister Gordon Brown will call Monday for bold and proactive government policies to steer the world economy through the financial crisis and a subsequent sharp downturn. "Doing nothing is not an option," Brown was...

Property investors look East for hope amid economic crisis

2008-11-24 00:00:00

HONG KONG, Nov 23 (AFP): There could have been no worse time to hold an expo on the Asian property market this year than November. As the impact of the global financial crisis on the region unravels-in the form a...

Japan ready to take more stimulus measures

2008-11-24 00:00:00

TOKYO, Nov 23 (AFP): Japan is ready to take more stimulus measures if the deteriorating US economy continues to impact here, the finance minister said today. Speaking on a programme on the public broadcaster NHK, Finance Minister Shoichi Nakagawa cited...

Palm oil price crash spells misery for farmers

2008-11-24 00:00:00

KUALA LUMPUR, Nov 23 (AFP): The global economic slowdown has sent palm oil prices crashing, spelling misery for countless smallholders who have been forced to watch their harvests rot on the trees. Hundreds of thousands of farmers in Indonesia and...

Russia eyes Cuba investments in oil, nickel ahead of Medvedev trip

2008-11-24 00:00:00

HAVANA, Nov 23 (AFP): Russia announced yesterday it is negotiating major investments in Cuba's oil and nickel industries, just days ahead of an official visit by Russian President Dmitry Medvedev. Russian ambassador Mikhail Kamynin told the weekly Opciones there were...

Greener cars the price for automaker aid

2008-11-24 00:00:00

PARIS, Nov 23 (AFP): As giant auto makers beg governments to bail them out of the economic crisis that has brought them to their knees, some authorities have named a price -- make greener cars to drive. The EU has...

BKB holds branch managers confce at Gopalganj

2008-11-24 00:00:00

Our Correspondent GOPALGANJ, Nov 23: A conference of branch managers and field workers of Bangladesh Krishi Bank (BKB) was held in the district recently.BKB Regional Manager (Gopalganj) Dulal Chandra Sarker presided over the conference, organised by its regional office.Also present...

Free seed distributed among farmers at Joypurhat

2008-11-24 00:00:00

Our Correspondent JOYPURHAT, Nov 23: A free seed distribution programme of World Vision was held at ADB office in the district recently. Deputy director of seed distribution division (Bogra) Nur Mohammad Mondol was present as the chief guest while local...

Holcim holds masons’ meet in Khulna

2008-11-24 00:00:00

Holcim (Bangladesh) Ltd, the leading cement manufacturer of the country, organised a mason meet in Khulna recently. Holcim providing cement to the district since from the very beginning and the people of Khulna district are using Holcim cement.The company always...

Trading of 2 insurance cos begins tomorrow

2008-11-24 00:00:00

FE ReportThe two insurance companies-- Northern General Insurance Company Limited and Standard Insurance Limited -- will make debut tomorrow (Tuesday) at both the bourses of the country.The board of directors of the Dhaka Stock Exchange (DSE) in its meeting held...

Foreign ship idle at Mongla Port for two months

2008-11-24 00:00:00

Our CorrespondentKHULNA, Nov 23: A foreign flag vessel has been lying idle at Mongla Port for the last two months following a dispute over its cargo. Sources said, Bangladesh Chemical Industries Corporation (BCIC) imported 5,400 metric tons fertilisers from Vietnam...

Call money rate steady, dollar stable

2008-11-24 00:00:00

FE Report The inter-bank call money rate remained steady Sunday despite withdrawal of cash through treasury bills. The US dollar was also stable against Bangladesh taka (BDT) in the inter-bank foreign exchange market due to moderate demand for the greenback,...

DCCI workshop on trade with EU begins in city

2008-11-24 00:00:00

A three-day training workshop for entrepreneurs and consultants of DCCI SEQUA Project under Asia-Investment II Programme of the EU, organised jointly by Dhaka Chamber of Commerce and Industry (DCCI) and SEQUA, GmbH, Germany, began in the city Saturday. The main...

NCC bank opens 56th branch at Raipur

2008-11-24 00:00:00

National Credit and Commerce Bank Limited (NCC) opened its 56th branch with online facility at Raipur, Lakshmipur recently, says a press release. Chairman of the bank Tofazzal Hossain inaugurated the branch as the chief guest. Managing Director of the bank...

Govt borrows Tk 4.0b thru' treasury bills

2008-11-24 00:00:00

FE ReportThe government borrowed Tk 4.00 billion (400 crore) Sunday through auctions of treasury bills. It will result in withdrawal of Tk 4.00 billion from the market in the week.The central bank conducted auctions of 91-day and 182-day bills on...

Chambers’ presidents accord reception to Moeen tomorrow

2008-11-24 00:00:00

FE Report The Council of Chamber Presidents (CCP), an organisation consisting of all district chambers, will oraganise a meeting tomorrow (Tuesday) at Bangladesh-China Friendship Conference Centre in the city. Army Chief General Moeen U Ahmed will join the meeting as...

EBL holds training on 'anti-money laundering' in Ctg

2008-11-24 00:00:00

FE ReportEastern Bank Limited (EBL) organised a day-long training course on Anti-Money Laundering for its employees in Chittagong recently, said a press release.Bangladesh Bank General Manager (Chittagong Office) Sk Sur Chowdhury conducted the training session. EBL Deputy Managing Director Muklesur...

Emirates inaugurates floating hospital for poor

2008-11-24 00:00:00

The Emirates Friendship Hospital Ship, a charity venture run by registered NGO Friendship and sponsored by the Emirates Airline Foundation, was inaugurated in the city Saturday with members of Emirates' senior management and government officials attending the opening ceremony, says...

corporatewatch

2008-11-24 00:00:00

DividendsHakkani Pulp: The board of directors of Hakkani Pulp & Paper has recommended 8.0 per cent cash dividend for the year 2007-2008. The annual general meeting (AGM) of the company will be held at the Eden Garden Community Centre, Near...

Gulf shares lower after Saudi slump

2008-11-24 00:00:00

KUWAIT CITY, Nov 24 (AFP): Stock markets in the energy-rich Gulf region opened the week lower Sunday a day after the Saudi bourse-the region's largest-slumped more than 9.0 per cent, denting sentiment.All seven markets dropped with Dubai and Doha shares...

Food, Cultural Festival opens at Radisson Water Garden Hotel

2008-11-24 00:00:00

FE ReportThe week-long '2nd Bangladesh Food and Cultural Festival' organised by the Radisson Water Garden Hotel Dhaka is kicking off in the city from today (Monday)Aimed at showcasing and promoting the country's culinary and cultural richness to the foreign expatriates...