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Malaysia's trade surplus hits record high on Electricals

2007-10-05 00:00:00

KUALA LUMPUR, Oct 4 (AFP): Rising exports of electrical products in August fueled Malaysia's largest monthly surplus this year of 8.99 billion ringgit (2.6 billion dollars), official data showed today. Exports in August were higher at 53.61 billion ringgit, up...

Strong demand for good liquoring tea

2007-10-05 00:00:00

FE ReportThere was a stronger competion in the week for good liqouring teas especially the smaller Brokens. Blenders were more active along with incresed support from Pakistan. Loose tea buyers lent a fiar support. CIS buyers operated very strongly on...

Young Consultants CEO honoured

2007-10-05 00:00:00

FE ReportYoung Consultants Chief Executive Officer (CEO) Zakir Hossain has been given award by Trade Policy Training Centre in Africa, an institute in Tanzania.The award was handed over to Hossain in recognition of his special distinction in a month-long training...

Excess liquidity of banks

2007-10-05 00:00:00

THE availability of a substantial amount of excess liquidity or investible surplus of funds in the country's banking system reflects the difficulties that the banks have been facing in making proper use of depositors' funds with them. If the depositors'...

Potential role of NRBs in national development

2007-10-05 00:00:00

Hasan Mahmud OVER last few years, Bangladesh has been receiving a significant amount of the remittances flowing from the developed to the developing world thanks to the up-surging labour migration. The dramatic increase of the flow of remittances has created...

Brain drain : Its aftermath for Bangladesh

2007-10-05 00:00:00

Nighat SultanaWhat is brain drain? According to Walter Adams, the term itself is loaded, pejorative, suggestive of loss of a vital resource, without compensation. More precisely, brain drain is the depletion of the intellectual or professional resources of a country...

Private equity must delve a little deeper into Asia

2007-10-05 00:00:00

Sundeep TuckerANOTHER day, another closure of a multi-billion dollar Asian-dedicated private equity fund. Last Tuesday it was the turn of Morgan Stanley, whose specialist division has made some smart investments in private Chinese companies.But firms such as Morgan Stanley, and...

Shaping policy towards businesses

2007-10-05 00:00:00

The government in Bangladesh needs to shape up its policy in a constructive matter at the fastest. Why this has not happened in the last nine months is an enigma. But now, no further extension of this state of affairs...

A foreign remittance approach to development

2007-10-05 00:00:00

I was glad to go through the above titled article written by Md. Bayazid Sarker, an assistant Director of Foreign Reserve and Treasury Management Department of Bangladesh Bank published in the Financial Express on September 29, 2007. The suggestion, the...

Health hazarding vegetables

2007-10-05 00:00:00

WINTER time is near and this is the best time of the year in Bangladesh for consumption of vegetables. The supply of vegetables in the winter time is found to be particularly good in terms of price and variety. Health...

‘Greedy Bastard’ Moulton mocks buyout firms' UK tax dodging

2007-10-05 00:00:00

Simon Clark and Edward EvansJon Moulton, who helped start Europe's two biggest buyout firms, descends a narrow staircase beneath his Victorian mansion, which sprawls behind vineyards and horse chestnut trees in the English county of Kent. ``There's a lot of...

Relax Mitt, Guantanamo's not closing

2007-10-05 00:00:00

Karen J. Greenberg "Some people have said, we ought to close Guantanamo. My view is, we ought to double Guantanamo." -- Mitt Romney, Republican presidential debate, May 15, 2007 Take a breath, Mitt. Whatever you may think, your bravado statements...

JP (Manju) for cancelling franchise of war criminals

2007-10-05 00:00:00

The Election Commission (EC) has been requested to disenfranchise the "war criminals" and debar them from contesting elections.Leaders of the Jatiya Party (JP) (Manju) made the request Thursday while they met the EC as part of the latter's ongoing dialogue...

Bangladesh for senior UN peacekeeping posts

2007-10-05 00:00:00

NEW YORK, Oct 4 (UNB): Bangladesh made a strong plea for senior positions in peacekeeping both at the headquarters and field level.Foreign Adviser Dr Iftekhar Ahmed Chowdhury made the request during a meeting with Head of United Nations Department of...

US to provide Tk 11.94b over five years for health projects

2007-10-05 00:00:00

The United States will provide a total of Tk 13.73 billion for funding health and environment related projects to ensure economic growth in Bangladesh, reports UNB.To this effect, the United States Agency for International Development (USAID) and government signed formal...

6 more sent to jail over house sale scam

2007-10-05 00:00:00

A Dhaka court Thursday sent another six persons, accused of selling 18 government houses without tender, to jail soon after they had surrendered, reports bdnews24.com. Judge Md Azizul Haque ordered them into jail. The lawyers of the accused appealed for...

Harris Chy jailed for three years

2007-10-05 00:00:00

A Dhaka court sentenced Thursday Harris Chowdhury, a close aide to former Prime Minister Khaleda Zia, to three years in jail for illegally possessing foreign currency, reports bdnews24.com. Judge Syed Jahed Mansur of the Dhaka Metropolitan Special Tribunal-9 also fined...

Work on preparing Voters' list in Sylhet begins

2007-10-05 00:00:00

SYLHET, Oct 4 (UNB): Work on preparing the voters' list with photographs and identity (ID) cards began in 27 wards of the city today (Thursday).About 865 data collectors and 181 supervisors will visit door-to-door for voters' registration. Taking photographs of...

JMB activist gets three years RI in M'singh

2007-10-05 00:00:00

MYMENSINGH, Oct 4 (UNB): A tribunal here Wednesday sentenced an activist of the banned Jama'atul Mujahideen Bangladesh (JMB) to three years rigorous imprisonment (RI).The convict was identified as Moniruddin alias Hira.According to the prosecution, police arrested Hira from the court...

ACC submits charge sheet against Hafiz Ibrahim, his wife

2007-10-05 00:00:00

Charge sheet was submitted Thursday in the Dhaka Chief Metropolitan Magistrate (CMM) court accusing Hafiz Ibrahim, former lawmaker of Bhola, and his wife Mafruza Sultana Roni of amassing huge unearned wealth, reports UNB.Anti-corruption Commi-ssion (ACC) Investigating Officer (IO) Tahfizul Haq...

Preparatory meet on voters' list, ID cards held

2007-10-05 00:00:00

NOAKHALI, Oct 4 (UNB): A preparatory meeting on preparing voters' list with photographs and national identity (ID) cards was held at Shilpakala Academy in the town Wednesday.A total of 1,200 persons, including district and upazila level officials, municipality and Union...

Jalil's detention extended for 3 more months

2007-10-05 00:00:00

Authorities have extended the detention of Awami League general secretary Abdul Jalil by three months, a senior prison official said Thursday. It was the third extension since June 3 when he was sent to jail. Deputy inspector general (prisons) Shamsul...

Younus gives Pakistan faint hope

2007-10-05 00:00:00

KARACHI, Oct 4 (BBC): Younus Khan counterpunched with a brilliant unbeaten 93 as Pakistan, set a record 424 to beat South Africa in Karachi, ended day four on 146-3. The tourists had declared at tea on 264-7 with Jacques Kallis...

Ponting back for third one-dayer

2007-10-05 00:00:00

HYDERABAD, Oct 4 (BBC): Australia captain Ricky Ponting is expected to return for Friday's third one-day international against India. As tensions grow in an escalating war of words between the rival camps, Australia can take a 2-0 lead in Hyderabad...

National booters play preparatory match today

2007-10-05 00:00:00

The national booters, undergoing a residential training camp at the BKSP ahead of the World Cup Qualifying round home match against Tajiskistan, will play a preparatory match with Dhaka XI today (Friday), reports UNB.The match will kick off at 3:00...

Celtic beat AC Milan to complete Glasgow double

2007-10-05 00:00:00

PARIS, Oct 4 (AFP): Celtic beat reigning champions AC Milan 2-1 in Wednesday night's Champions’ League action to complete a Glasgow double while downcast Chelsea gained some cheer with victory at Valencia. Aussie striker Scott McDonald scored in the last...

Liverpool on the ropes as Marseille storm fortress Anfield

2007-10-05 00:00:00

LIVERPOOL, Oct 4 (AFP): Liverpool were left facing a huge fight for Champions’ League survival after Marseille became the first French club to win at Anfield with a 1-0 win here Wednesday. Midfielder Mathieu Valbeuna settled the contest with a...

Inzamam, Yousuf set to return for second Test

2007-10-05 00:00:00

KARACHI, Oct 4 (Reuters): Experienced Pakistan duo Inzamam-ul-Haq and Mohammad Yousuf are set to return to the side for the second Test against South Africa from Oct. 8 in Lahore. Sources close to the national selection committee told Reuters Thursday...

Beckham trains with Galaxy

2007-10-05 00:00:00

LOS ANGELES, Oct 4 (AFP): David Beckham, idled by a knee injury since August 29, resumed light training with Major League Soccer's Los Angeles Galaxy Wednesday. It marked the England midfielder's first practice with his US team since he sprained...

Shah boosts England's hopes

2007-10-05 00:00:00

England battled to a respectable total in the second one-day international at Dambulla with Owais Shah marshalling a recovery from 61 for 4. His 92-ball 82, adding 70 off 69 balls with Graeme Swann, lifted England to 234, which appeared...