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74-year-old Briton charged with sex abuse of Thai boy

2007-10-25 00:00:00

BANGKOK, Oct 24 (AFP): A 74-year-old British man has been charged with sexually abusing a Thai boy in the resort of Pattaya after he was found with more than 100 albums of pictures of nude children, police said Wednesday. Alan...

Small investors beware

2007-10-25 00:00:00

WHILE the world's major stock markets are having a roller-coaster ride in the recent past, the Bangladesh stock market seems to be on a roll. Stock markets in the USA, the UK, France, Germany, Japan, and Hong Kong have been...

War is never simple but it must at least be just

2007-10-25 00:00:00

Philip StephensSO when should we go to war? In the shadow of Iraq it is surely a question we need no longer ask. We can wring our hands over Darfur, pass brave resolutions about repression in Burma, roundly deplore the...

The world adjusting to rising oil prices

2007-10-25 00:00:00

Ed CrooksONLY a month after breaching $80, the price for a barrel of oil is now scaling heights barely conceivable a few years ago.While the speculative flurry that has driven the oil price higher could easily be reversed, underlying demand...

India plans biggest auction of oil blocks

2007-10-25 00:00:00

Joe LeahyINDIA is planning its largest ever auction of oil and gas exploration blocks and has set a tentative start date of mid-November to begin marketing the sale around the world.The long-awaited auction is a crucial part of India's efforts...

Public spending on education

2007-10-25 00:00:00

It is an unwelcome development that the primary school drop-out rate has not really declined over the years. The number of poor female students at secondary level has also not risen to the expected level. Such developments raise questions about...

BPC's predicament

2007-10-25 00:00:00

THE predicament that Bangladesh Petroleum Corporation (BPC) faces now, more particularly after the recent surge of oil-price in the international market, can easily be appreciated by all concerned. The domestic sale prices of oil products are much below than those...

DU students seek move to overcome session jam

2007-10-25 00:00:00

DU CorrespondentStudents of Dhaka University (DU) seek proper initiatives of the authorities concerned to overcome the five-month session jam which arose following the 61-day unscheduled closure of the university.Many of the teachers and students were still concerned about whether the...

Govt to appoint foreign audit firm for transparency in PSI activities

2007-10-25 00:00:00

The government is likely to appoint an international audit firm to scrutinize the price quoting of the pre-shipment inspection (PSI) companies by next month, against the backdrop of suspected import-inspection scam, reports UNB.Three international audit firms, two from the US,...

Pvt sector proposal on Better Business Forum submitted

2007-10-25 00:00:00

The private sector has sent their recommendation to Chief Adviser Fakhruddin Ahmed on forming the Better Business Forum (BBF) in quest for a better business climate in the country, reports UNB."We have finalised and forwarded it (recommendation) to the Chief...

Aman cultivation target surpassed in Nilphamari

2007-10-25 00:00:00

Our Correspondent Nilphamari district surpassed its transplanted Aman cultivation target by 4315 hectares of land this year. A Department of Agriculture Extension (DAE) official said total target of cultivation of transplanted Aman was 1,10,820 hectares of land whereas total cultivation...

Death anniversary of Afzal Oct 27

2007-10-25 00:00:00

From a correspondentNAOGAON, Oct 24: The 32nd death anniversary of prominent Naogaon journalist, writer, social worker, retired civil servant and founder-president of Naogaon Journalists' Associa-tion late Khan Sahib Muhammad Afzal (82), will be observed on October 27 at his village...

Moderate tremor felt

2007-10-25 00:00:00

Dhaka Seismic Centre recorded a moderate earthquake, measuring 5.7 on the Richter Scale, Wednesday, reports UNB.The tremor occurred at 01 hours 56 minutes 42 seconds and distance of the epicentre was about 3036 kms from Agargaon, Dhaka Seismic Centre and...

President, CA greet President of Kazakhstan

2007-10-25 00:00:00

President Dr Iajuddin Ahmed and Chief Adviser Dr Fakhruddin Ahmed felicitated President of Kazakhstan Nursultan Abishevich Nazarbaev on the occasion of the Republic Day of his country that falls Thursday, reports UNB.In separate messages, the President and the Chief Adviser...

10 get life term in Laxmipur

2007-10-25 00:00:00

LAXMIPUR, Oct 24 (UNB): A court here Tuesday sentenced 10 people to life term imprisonment for killing a man 10 years back.The lifers are Abul Hashem, Amin Ullah, Rafiq Ullah, Abdul Mannan, Abdur Rahim, Abdur Rab, Moharram Ali, Babul Mia,...

China govt shows reluctance to up oil prices

2007-10-25 00:00:00

BEIJING, Oct 24 (Xinhua): Chinese government will continuously control domestic oil prices in the face of amounting internal inflation pressure and international oil prices. According to Zhu Zhixin, vice-minister of the National Development and Reform Commission (NDRC), the pricing of...

Canadian finance minister urges retailers to slash prices

2007-10-25 00:00:00

OTTAWA, Oct 24 (AFP): Canada's finance minister called on wholesalers and retailers yesterday to lower their prices to make them reflect the new strength of the Canadian dollar, which is now stronger than the US greenback. To make his point...

US mortgage giant offers plan to avert some foreclosures

2007-10-25 00:00:00

WASHINGTON, Oct 24 (AFP): America's biggest mortgage lender, Countrywide Financial, sought to throw a lifeline to tens of thousands of stretched borrowers yesterday as home foreclosures spike across the country. US Treasury Secretary Henry Pauslon warned last week that the...

Dollar mixed in Asia with eyes on Fed

2007-10-25 00:00:00

TOKYO, Oct 24 (AFP): The dollar traded mixed in Asian trade today, giving up early gains as traders waited for key US housing data ahead of next week's Federal Reserve meeting, dealers said. The greenback initially firmed from recent falls...

Internal buyers active

2007-10-25 00:00:00

FE ReportAfter Eid the break market opened on a firm note with prices for good varieties being fully firm. Internal buyers were active particularly the Loose tea buyers whilst there was some interest from Pakistan.CTG LEAF: 27,850 packages and (357...

China's capital goods prices to remain high in fourth quarter

2007-10-25 00:00:00

BEIJING, Oct 24 (Xinhua): China's capital goods prices will maintain a high level in the fourth quarter this year, driving the annual rise in prices of capital goods in distribution to four per cent, according to the National Development and...

Oil prices fall for third straight day in Asia

2007-10-25 00:00:00

SINGAPORE, Oct 24 (AFP): World oil prices fell for the third straight day in Asia today, pulling back further from record highs reached last week. Dealers said worries about slowing economic growth have pushed aside fears about tensions between Turkey...

Industrialised countries announce anti-piracy enforcement plan

2007-10-25 00:00:00

BRUSSELS (AFP): Major industrialised countries announced plans Tuesday for a new anti-counterfeiting pact as they seek to clamp down on money-spinning piracy in global trade. The European Union, the United States and Japan all announced separately that they wanted to...

WB should continue giving assistance to India: Chidambaram

2007-10-25 00:00:00

WASHINGTON, Oct 24 (PTI): Finance Minister P. Chidambaram has said the World Bank should not reduce its financial assistance to India even though the country has been recording impressive growth figures. "Yes you see 9 percent growth but then you...

Indonesian exports ready to enter new era: Trade minister

2007-10-25 00:00:00

JAKARTA, Oct 24 (AFP): Indonesia is set to enter the "next stage" of its export recovery, 10 years after the 1997 Asian financial crisis crushed its once-formidable export growth, the country's trade minister said. In an interview with AFP this...

Japan's trade surplus up 62.7 pc in September

2007-10-25 00:00:00

TOKYO, Oct 24 (AFP): Japan's trade surplus in September jumped 62.7 per cent from a year earlier on strong exports of automobiles and lower imports of oil, the government said today. The surplus came to 1,637.8 billion yen (14.3 billion...

Green, mean or just wacky: Tokyo Motor Show opens

2007-10-25 00:00:00

CHIBA, Japan, Oct 24 (AFP): Zany concept vehicles, fuel efficient hybrids and muscular supercars vied for attention as the Tokyo Motor Show opened today with Japanese automakers eager to revive moribund domestic sales. From bubble-shaped vehicles of the future to...

US complains at WTO against China on Intellectual property

2007-10-25 00:00:00

BEIJING, Oct 24 (AFP): China has become less willing to cooperate with the United States in some intellectual property areas after US complaints at the World Trade Organisation, a senior US official said today. Jon Dudas, under secretary of commerce...

China's yuan breaks through 7.5 to the dollar

2007-10-25 00:00:00

SHANGHAI, Oct 24 (AFP): China's yuan broke through the psychologically crucial 7.5 level to the US dollar for the first time in today morning trading, according to government data. The central bank set the yuan central parity rate at a...

Malaysia may allow offshore ringgit trading

2007-10-25 00:00:00

KUALA LUMPUR, Oct 24 (AFP): Malaysia may scrap its remaining capital controls, introduced during the 1997 financial crisis, and allow offshore trading of the ringgit, the central bank chief said. Bank Negara governor Zeti Akhtar Aziz told the New Straits...