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EBL inaugurates relocated Gulshan branch

2008-12-27 00:00:00

Eastern Bank Ltd (EBL) opened its relocated Gulshan branch in the city's Gulshan-1 area recently, says a press release. EBL Chairman Mir Nasir Hossain and former chairman Ghaziul Haque jointly inaugurated the branch.The branch offers online banking, self-service banking, 24-hour...

weekly currency roundup

2008-12-27 00:00:00

December 21 - December 24, 2008Commercial Bank of CeylonUS dollar has been maintaining its upbeat tone against Bangladesh Taka, which is expected to continue until the beginning of the next year. Most of the banks were in buying mood creating...

IBBL opens SME Service Centre at Shayestaganj

2008-12-27 00:00:00

The 9th SME Service Centre of the Islami Bank Bangladesh Limited (IBBL) was inaugurated at Shayestaganj, Hobiganj recently, says a press release. Additional Deputy Magistrate of Hobiganj Md Nurunnabi inaugurated the service centre as the chief guest while Executive Vice...

Shakib strikes leave Lankans in trouble

2008-12-27 00:00:00

Shakib Al Hasan took three wickets, including the prized ones of Kumar Sangakkara and Mahela Jayawardene, to rattle Sri Lanka on the first day in Mirpur. A two-hour start delay due to fog was followed by a period of domination...

WI clinch shoot-out victory

2008-12-27 00:00:00

Twenty20 international, Auckland:West Indies 155-8 (20 ovs) tied with New Zealand 155-7 (20 ovs) WI won by 10 runs in super-overWest Indies made cricket history by winning the first super-over eliminator after the scores were tied in the opening Twenty20...

Aussies wobble after Ponting ton

2008-12-27 00:00:00

Ricky Ponting struck an assured 37th Test century but South Africa reduced Australia to 280-6 after the opening day of the Boxing Day match at the MCG, reports BBC. He chose to bat first but out-of-form Matthew Hayden made just...

Woods faces 'arduous' route back

2008-12-27 00:00:00

Tiger Woods admits he faces a struggle to rebuild his game and says he is still unsure when he will be able to play again following knee surgery, reports BBC. Woods (32) is recovering from anterior cruciate ligament surgery and...

Tottenham unsure of Bellamy deal

2008-12-27 00:00:00

Tottenham boss Harry Redknapp admits he faces a battle to sign West Ham's Craig Bellamy after revealing he has made a bid for the striker, reports BBC. Redknapp has only three senior strikers available and is keen to bolster his...

Cricket Canada plans multi-city league

2008-12-27 00:00:00

Cricket Canada is planning a multi-city league to generate more interest for the sport in the country. "This is just the beginning," Cricket Canada CEO Atul Ahuja told IANS. "Like the National Hockey League [NHL] in North America, we now...

Election spending of candidates

2008-12-26 00:00:00

The elections to be held on Monday next were visualised to be not like the ones held in the past. Expectations were built by the incumbent caretaker government as well as from urging by conscious people and the intelligentsia, that...

The legacy of promises and hopes

2008-12-26 00:00:00

Syed Fattahul AlimWhat kind of an economy is the caretaker government going to hand over to the political government to be elected in a few days? The person who has been in charge of the economy so far, the finance...

Collapse of world famous banks

2008-12-26 00:00:00

Ahmed Showkat MasudThe world has been witnessing an economic recession. Financial institutions, mostly the world famous banks in the USA and European Union (EU), have been the worst sufferers. Problems in managing the loan portfolio is the main reason of...

Are all these promises realistic?

2008-12-26 00:00:00

THE candidates for the election, specially the two chiefs of the major political parties, are promising to bring down the price of rice. How they are going to do that? If they are discussing about imported rice, then it would...

To prepare for global warming

2008-12-26 00:00:00

The world is likely to lose 10 to 40 per cent of farm output by 2100 due to global warming. Every 1.0 C* rise in temperature can reduce global wheat production by 4.0 to 5.0 millions tons. This is bound...

Acceptance of female political leadership in society: Voters' perspective

2008-12-26 00:00:00

S. S. M. Sadrul Huda, Ayesha Tabassum, Dr. Jashim Uddin Ahmed, Dr. Salim RashidFEMALE involvement in public life is not always welcomed or appreciated in the male dominated society of Bangladesh. The question of female political leadership is thus questioned....

Sri Lanka's dilemma: Is it marital rape or domestic violence?

2008-12-26 00:00:00

Vijita FernandoRAPE in its various manifestations statutory and marital, incest, in conflict situations, among displaced women and those who migrate overseas -- has been a continuing topic of research studies presented at the biannual conventions of the Centre for Women's...

Pope appeals for Mid-East peace

2008-12-26 00:00:00

BETHLEHEM, (West Bank), Dec 25 (AFP): Pope Benedict XVI has used his traditional Christmas Midnight Mass to call for an end to "hatred and violence" in the Middle East.Addressing a huge congregation at the Vatican's St Peter's Basilica, he appealed...

Clashes mark final Kashmir polls

2008-12-26 00:00:00

Sporadic clashes between protesters and police have marked a seventh and final round of voting in state elections in Indian-administered Kashmir, reports BBC .At least nine people were hurt when troops baton-charged stone-throwing protesters in Srinagar, police say. Two police...

Junior army officer declares himself new Guinea 'president'

2008-12-26 00:00:00

CONAKRY, Dec 25 (AFP): A military junta tightened its grip on Guinea after a junior army officer declared himself the new president and ordered members of the government to give themselves up within 24 hours.Captain Moussa Dadis Camara had paraded...

Sleep gives brain disease warning

2008-12-26 00:00:00

Physically "acting out" dreams when asleep could be an early warning sign of dementia or Parkinson's disease, reports BBC.Canadian researchers studied 93 people with "REM (Rapid Eye Movement) sleep behaviour disorder", which can involve punching or kicking out while dreaming.The...

news digest

2008-12-26 00:00:00

Six killed in Philippines COTABATO, (Philippines), Dec 25: Six people were killed when Muslim separatist guerrillas attacked a village in the southern Philippines, military officials said Thursday. Moro Islamic Liberation Front (MILF) rebels attacked Midtungo village in the southern island...

Ukraine apartment building blast kills 9, traps many

2008-12-26 00:00:00

At least nine people were killed and more remain trapped under rubble after an explosion destroyed part of an apartment building in southern Ukraine, reports Bloomberg.The blast occurred at about 10 p.m. local time in Yevpatoria on the west coast...

Dozens held over 'Tibet rumours'

2008-12-26 00:00:00

China has detained 59 people in Tibet for spreading rumours and trying to stir up racial hatred and incite violence, state media reports, reports BBC.They are also accused of downloading "reactionary" songs from the internet for distribution within Tibet, the...

Canadian recession imminent despite better-than-expected GDP

2008-12-26 00:00:00

OTTAWA, Dec 25 (Internet): Canada's gross domestic product (GDP) declined less than expected in October, but the country will slide into recession nonetheless, economists say. Real GDP slipped 0.1 per cent in October following a 0.1 per cent monthly increase...

China unveils new measures to boost trade, consumption

2008-12-26 00:00:00

BEIJING, Dec 25 (AFP): China published a series of measures today to boost exports and consumption, marking the latest attempt to tackle the worst economic outlook in a generation. A hike in tax incentives to exporters of machinery and electronic...

Obama urges Americans to share burden of economic woes

2008-12-26 00:00:00

WASHINGTON, Dec 25 (Xinhua): US President-elect Barack Obama yesterday called for unity among Americans to share the burden of the economic crisis and strive for a better future. "If the American people come together and put their shoulder to the...

IMF approves bail-out for Latvia

2008-12-26 00:00:00

The International Monetary Fund (IMF) has approved a 1.68-billion-euro ($2.35 billion) rescue loan for Latvia, a BBC report said Thursday. It is part of a 7.5-billion-euro package that includes funding from the European Union, World Bank and other countries. It...

Vietnam inflation reaches 22.97pc in 2008

2008-12-26 00:00:00

HANOI, Dec 25 (AFP): Vietnam's consumer prices rose by 22.97 per cent in 2008, compared to 8.3 per cent in 2007, the state-run general statistics office (GSO) said today. Food prices were up by 49.16 per cent, housing and construction...

Sino-US trade ties face test amid global slump

2008-12-26 00:00:00

BEIJING, Dec 25 (Reuters): Trade frictions between Beijing and Washington are expected to grow amid a deepening world recession and as US interest groups demand President-elect Barack Obama put "tough on China" trade talk into action.The US Trade Representative's office...

Jobless claims in US surge to 26-year high

2008-12-26 00:00:00

WASHINGTON, Dec 25 (Reuters): The number of US workers filing new claims for jobless benefits jumped by 30,000 to a 26-year peak last week, government data showed Wednesday, as the country's year-long recession continued to chill the labour market.Initial claims...