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Musharraf's nomination approved

2007-09-30 00:00:00

ISLAMABAD, SEPT 29 (AP): Riot police fired tear gas and used batons on protesting lawyers as Pakistan's Election Commission rejected objections to President Gen. Pervez Musharraf's re-election bid Saturday.A day after the Supreme Court quashed legal challenges to Musharraf's candidacy,...

Venezuela, Iran sign cooperation accords

2007-09-30 00:00:00

CARACAS, Sept 29 (XINHUA): Venezuela and Iran signed three cooperation accords on petrochemical, agricultural and automobile sectors, with Iranian President Mahmoud Ahmadinajed on visit to the south American country, Venezuela's presidential office said Friday. The three new accords were signed...

news digest

2007-09-30 00:00:00

Four civilians killed in Somalia violence MOGADISHU, Sept 29 (AFP): At least four civilians were killed in Somalia's war-wracked capital during a heavy attack against a police station, witnesses said Saturday. Insurgents armed with rocket launchers and machine guns and...

Polash emerges champion in men's single Metropolis TT

2007-09-30 00:00:00

Polash of Rahmatullah Model School emerged champion in the men's single of the Inter Dhaka Metropolis Table Tennis (TT) Competition outplaying Talha of North South University by straight 3-0 sets at the West End High School in the city Saturday,...

SA, Pakistan want fresh start in Karachi Test

2007-09-30 00:00:00

KARACHI, Sept 29 (AFP): South Africa and Pakistan are looking to make a fresh start in Test cricket with both sides fielding new-look squads for the forthcoming first Test in Karachi. The teams also face the challenge of switching to...

Clarke ton puts Aussies in charge

2007-09-30 00:00:00

Michael Clarke's third century in one-day internationals helped Australia post 307-7 in the opening game of the seven-match series against India, reports BBC. The world champions were struggling on 90-4 after Sree Santh (3-55) ripped through their top order in...

Faridpur DSA emerge group champion to reach 'super six'

2007-09-30 00:00:00

Faridpur DSA emerged group champions to reach the super six of the Araf Apparels 21st National Youth Hockey Championship, beating Comilla DSA by 3-1 goals at the Maulana Bhashani National Hockey Stadium in the city Saturday, reports UNB. Earlier, four...

Germany seeks first ever defense of women's title

2007-09-30 00:00:00

SHANGHAI, SEPT 29 (AP): Germany's quest to become the first team in women's soccer history to defend a major title will face its ultimate test against a brilliant Brazil in Sunday's final of the women's World Cup.No team in history...

Fresh initiatives to activate secondary bond market

2007-09-30 00:00:00

Siddique Islam A series of fresh initiatives have been taken to activate the country's secondary bond market through revamping trading of the government approved securities in the stock exchange. The authorities concerned have taken the move to develop the secondary...

CA rules out recurrence of any political instability

2007-09-30 00:00:00

Chief Adviser (CA) Dr Fakhruddin Ahmed has said, his visit to New York (NY) to attend the 62nd session of the United Nations General Assembly (UNGA) and other events were successful, reports UNB from New York.The CA also said, "I...

Strauss-Kahn vows to revive IMF

2007-09-30 00:00:00

Edward Luce, FT Syndication ServiceWASHINGTON DC: Dominique Strauss-Kahn, the French Socialist former finance minister, was on Friday appointed managing director of the International Monetary Fund (IMF) having promised to redouble efforts to revive the institution's fading relevance. But the decision,...

Deadline for legalising undisclosed income expires today

2007-09-30 00:00:00

Shakhawat Hossain The opportunity granted by the government to legalise incomes, which have not been disclosed in the tax returns for the last five assessment years, comes to an end today (Sunday).The treasury branches of the commercial banks remained open...

ADB urged to assess damage caused by recurrent floods

2007-09-30 00:00:00

FE Report The government has approached the Asian Development Bank (ADB) to field an expert mission to assess the damage caused by this year's recurrent floods."We've already forwarded a request letter to the ADB to send a mission to carry...

Prospect bleak for repatriation of black money: Mirza Aziz

2007-09-30 00:00:00

Finance Adviser Mirza Azizul Islam said Saturday he sees bleak prospect of repatriation of black money siphoned out of the country although the government has not given up its efforts in this connection, reports UNB."We're continuing our efforts, but we...

ACC to submit charge sheets in 13 cases today

2007-09-30 00:00:00

The Anti-Corruption Commission will submit charge sheets in 13 cases today (Sunday) against individuals like former Prime Minister Khaleda Zia's parliamentary affairs adviser Salahuddin Quader Chowdhury, and Awami League leader Dr HBM Iqbal and his wife."Yes, preparations are complete…The Commission...

Probe into Tarique's graft case begins today

2007-09-30 00:00:00

Investigation into the graft case filed Wednesday by the Anti-Corruption Commission (ACC) against detained BNP senior joint secretary general Tarique Rahman and his wife Dr Jobaida Rahman and mother-in-law Syeda Iqbal Mand Banu begins today (Sunday). —UNB

Robbers loot 17 PCs from training centre

2007-09-30 00:00:00

Robbers allegedly looted 17 computers from a computer training centre at Elephant Road in the city early Saturday. Police said, the criminals took away the computers worth over Tk 0.3 million from Haque Human Service Foundation at a time between...

Ershad hosts Iftar for foreign diplomats

2007-09-30 00:00:00

Jatiya Party Chairman HM Ershad Saturday hosted an Iftar party for the foreign diplomats in the city's Gulshan Spectra Convention Centre. Diplomats from the UK, India, Afghanistan, Malaysia, Pakistan, Palestine and Russia attended the Iftar. —UNB

EMRD seeks law ministry's opinion on Asia Energy investment offer

2007-09-30 00:00:00

FE ReportThe Energy and Mineral Resources Division (EMRD) has sought further clarification from the law ministry over the investment proposal of the UK-based Asia Energy involving US$ 2.5 billion to develop Phulbari coalmine in the country's northern Dinajpur."The law ministry...

Libya wants to recruit 2000 manpower from Bangladesh

2007-09-30 00:00:00

Naim-Ul-KarimOil rich North African country--Libya-- has expressed interest to recruit over 2000 skilled and semi-skilled manpower from Bangladesh soon at the government level, sources said.They said the authorities concerned of the Libyan government have sent a draft Memorandum of Understanding...

Foreign participation key to gas sector development: ADB

2007-09-30 00:00:00

FE ReportThe Asian Development Bank (ADB) has identified five key challenges for Bangladesh as far as the development of its gas sector is concerned.Gas exploration, development, and enhancement of production capacity effort need major acceleration, it said."The estimated capital required...

Delwar favours issue-based movements even with AL

2007-09-30 00:00:00

BNP secretary general Khandaker Delwar Hossain said Saturday he saw no reason the main parties could not work together on 'issue-based movements', reports bdnews24.com. "Despite having no similarities in policies or ideals, issue-based movements can be launched with any party,...

7 teachers yet to submit thesis to UGC despite receiving grants

2007-09-30 00:00:00

FE ReportDespite taking money in time, seven teachers of different public universities have not yet submitted their research thesis to the University Grants Commission (UGC) even a year after the stipulated time.UGC sources said, some 11 teachers of public universities...

Cell phone users to reach 50m in three years

2007-09-30 00:00:00

FE Report GrameenPhone, the country's largest mobile phone operator, is expecting the country's cell phone users to reach 50 million within the next two to three years and urged the authorities to harmonise the transmission frequency allocation to keep pace...

Piracy in Bangladesh irks WTO, US

2007-09-30 00:00:00

Foreign films, music, and software etc are being pirated in Bangladesh at unprecedented levels, which has drawn fire from both the World Trade Organisation (WTO) and the United States (US) government, reports bdnews24.com. The US Trade Representative recently included Bangladesh...

Dollar stable, call rate steady

2007-09-30 00:00:00

FE ReportThe US dollar was steady against the Bangladesh taka (BDT) Saturday in the inter-bank foreign exchange market with moderate demand for the greenback. The inter-bank call money rate was also steady in an active market, fund managers said.The market...

developments in the region and abroad

2007-09-30 00:00:00

US conducts successful missile defence test WASHINGTON, Sep 29 (DPA): The US military has conducted a successful test of its ballistic missile defence system planned for deployment to Eastern Europe, a spokesman said. The target missile was launched from Alaska's...

Sitakunda man dies in voter-listing brawl

2007-09-30 00:00:00

A youth died in beatings, blamed on security forces, during voter listing at Mohalonga Primary School in Sitakunda Saturday, local people said.

Basundhara chairman gets 8 years for tax-dodge

2007-09-30 00:00:00

A Dhaka special judge's court Sunday sentenced Basundhara Group chairman Shah Alam to eight-year imprisonment on twin charges of concealing wealth information and evading tax. The court also fined him Tk 8.3 crore or the convict will have to serve...

Khaleda bailed, GATCO case stayed

2007-09-30 00:00:00

The High Court Sunday awarded bail to former prime minister Khaleda Zia in the GATCO scam case. The court also halted the proceedings of the case under the emergency powers rules. A lawyer for the detained former prime minister Thursday...