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Proposal on PSI audit firm goes to advisory body tomorrow

2008-12-02 00:00:00

S M JahangirThe proposal on appointment of a pre-shipment inspection (PSI) audit agency will soon be placed before a government's decision-making body for approval, amid controversies over the qualification and experience of the selected company, sources said.The National Board of...

UN report predicts hard landing for dollar in 2009

2008-12-02 00:00:00

From Fazle RashidNEW YORK, Dec 1: The annual report on the world economy under the aegis of the United Nations to be released today predicts that the US dollar risks a hard landing in 2009, a report in a reputed...

Saikat steers Sylhet

2008-12-02 00:00:00

Opener Saikat Ali's century guided hosts Sylhet Division to a moderate 276 for 6 in 94 overs against league leaders Barisal Division on the first day of the 8th round match of the four-day Ispahani Mirzapore Tea 10th National Cricket...

Lee does it for Aussies

2008-12-02 00:00:00

Brett Lee bounced back from his troubled tour of India with nine wickets against New Zealand as Australia sealed a 2-0 series win, BBC reports. Lee took 4-66 and 5-105 as New Zealand made just 203 in their second innings,...

Razzak banned for illegal action

2008-12-02 00:00:00

Bangladesh spinner Abdur Razzak has been suspended from cricket over his illegal bowling action, BBC reports. Umpires Daryl Harper and Asoka de Silva reported him to the International Cricket Council (ICC) after the second Test against New Zealand last month....

BFF out to hunt booters in dists

2008-12-02 00:00:00

The Bangladesh Football Federation (BFF) has decided to run a long-term training camp from January next in a bid to produce standard footballers, bdnews24.com reports. In this regard, the BFF will initially search Under-15 footballers in 20 districts this month...

SL whitewash Zimbabwe

2008-12-02 00:00:00

Sri Lanka wrapped up a 5-0 series whitewash with victory over Zimbabwe in the final one-day match in Harare, reports BBC. The tourists had posted their lowest total in the series as Zimbabwe rattled them out for 152 with Ed...

Khulna advance to final

2008-12-02 00:00:00

Khulna DSA advanced to the final of the 29th National (Inter-District) Cricket Championship eliminating Barisal DSA by seven runs in a keenly contested first semifinal at Shams-ul-Huda Stadium in Jessore Monday.Khulna will play the final Thursday against the winners of...

Brothers beat Abahani

2008-12-02 00:00:00

Brothers Union Club beat holders Dhaka Abahani by 2-0 goals in a lone match of the Citycell 2nd B League at the Bangabandhu National Stadium in the city Monday, reports UNB. It was the 3rd win for Brothers Union after...

Furious Scolari wants ref apology

2008-12-02 00:00:00

Chelsea boss Luiz Felipe Scolari has demanded an apology from the match officials over Robin van Persie's first goal in the 2-1 defeat by Arsenal, BBC reports. The Dutch striker's first of two goals appeared to be offside but the...

Mumbai beats the terrorists

2008-12-01 00:00:00

The 60-hour siege of India's financial capital Mumbai is over. The last member of the terror squad that turned the city with a population of about 19 million into a war zone is claimed to have been flushed out of...

Faulty corporatisation of NCBs

2008-12-01 00:00:00

Shamsul Huq Zahid If you are an accountholder of a recently corporatised state-owned bank having your account with its principal branch located at the ground floor of the Bank's Head Office in the business district of Motijheel-Dilkusha, you have to...

Prospects of export of herbs

2008-12-01 00:00:00

Fahima Siddiqui IT is significant that only about 20 per cent of Bangladesh's 150 million people, visits allopathic doctors for treatment. A major part of the rest of the population depend on herbal treatment of which the unanni and ayurvedic...

Improving preparedness against fire-fighting

2008-12-01 00:00:00

IT is regrettable that a great deal of resources of this poor country is lost regularly to fire incidents. Fire accidents lead to loss of resources valued, according to some reliable estimates, some Taka 2.0 billion annually, on average, in...

Mumbai massacre

2008-12-01 00:00:00

THE shocking incidents at Mumbai should send a clear warning to our law enforcement agencies including the intelligence agencies. The violence, murder and mayhem were sickening at Mumbai. We in Bangladesh should not be complacent and must do whatever is...

Managing both inflation and growth in South Asia

2008-12-01 00:00:00

Dr. Salehuddin AhmedWhile dealing with country-specific developments, it is to be noted that Afghanistan has been experiencing a big challenge in managing both inflation and growth. The current account balance showed a mixed trend over the years and is projected...

Significance of Olympic torch relay

2008-12-01 00:00:00

Md. Mahfuzur Rahman SiddiqueIN his valuable speech at the closing ceremony of the 2008 Beijing Olympiad in the Bird's Nest, the International Olympic Committee (IOC) President Dr. Jacques Rogge made a very significant comment when he said, "These were truly...

Crisis forces Europe to break economic taboos

2008-12-01 00:00:00

BRUSSELS, Nov 30 (AFP): The growing severity of the economic downturn is forcing the European Union to break its taboos about letting deficits swell and loosening up state-aid rules. On October 16, the head of the Eurogroup of eurozone finance...

IFIC Bank holds workshop on 'Basel-II Accord'

2008-12-01 00:00:00

FE Report IFIC Bank Limited organised a day-long workshop on 'Basel-II Accord' at its academy in the city recently.Deputy Managing Director of the bank Mohammad Abdullah inaugurated the workshop.Senior Vice-president and In-charge (Training and Research) Md Abu Tayeb, First Vice-president...

China's economy losing competitive edge amid crisis

2008-12-01 00:00:00

BEIJING, Nov 30 (AFP): President Hu Jintao has warned China's economy is losing its competitive edge amid the ongoing global financial crisis, state media reported Sunday. Hu made the downbeat remarks Saturday at a meeting of the Communist Party's elite...

Czech shoppers shrug off crisis while employers struggle

2008-12-01 00:00:00

PRAGUE, Nov 30 (AFP): Most Czechs are shrugging off the global financial turmoil ahead of the fast-approaching Christmas shopping spree, but growing worries in the corporate sector suggest they should be on alert. On Friday, statisticians said consumer confidence in...

Citigroup to sell trust banking unit in Japan

2008-12-01 00:00:00

TOKYO, Nov 30 (AFP): US banking giant Citigroup, beset by the global financial turmoil, has decided to sell its Japanese trust banking unit NikkoCiti Trust and Banking, reports said today. The bidding will likely take place next week, with major...

OPEC braces for tough times as global recession bites

2008-12-01 00:00:00

CAIRO, Nov 30 (AFP): The OPEC oil exporting cartel, suffering from plummeting oil prices, faces further pain next year as a worldwide recession dampens demand for crude even more, analysts believe. "OPEC is dealing with tough circumstances, the toughest in...

FDA sets melamine standard for baby formula

2008-12-01 00:00:00

WASHINGTON, Nov 30 (AP): Two months ago, federal food regulators said they were unable to set a safety threshold for the industrial chemical melamine in baby formula. Now, however, they found a way to settle on a standard that allows...

Prothomalojobs.com workshop ends

2008-12-01 00:00:00

FE Report Prothomalojobs.com organised a day-long workshop on 'Presentation Skill and Public Speaking' at Prothom Alo's conference room in the city recently, said a press release. Assistant Vice-president and head of PR and Brand Communication of Mutual Trust Bank Limited...

Hyundai Motor cuts domestic production

2008-12-01 00:00:00

SEOUL, Nov 30 (AFP): South Korea's Hyundai Motor plans to cut domestic production due to slowing demand, following production cuts in its US plants, a company spokesperson said today. Hyundai Motor, the largest carmaker in South Korea, will cut production...

Fresh fish, vegetables available at Agora outlets

2008-12-01 00:00:00

FE Report Agora recently brought fresh fish directly from Bhairab and Mawa, and winter vegetables from its self-managed farms to put an end to the concern of consumers over freshness.All fresh items are available at the four Agora outlets at...

Call for restarting closed state-owned jute mills, factories

2008-12-01 00:00:00

FE ReportSpeakers at a seminar Tuesday called for restarting the country's old state-owned jute mills and other factories that were closed in recent years amid increasing privatisation and competition. They also recommended formulation of a more flexible national industrial policy...

Islami Bank opens first SME service centre in Kalihati

2008-12-01 00:00:00

The first SME Service Centre of Islami Bank Bangladesh Limited (IBBL) was inaugurated at Alenga in Kalihati of Tangail Sunday. Additional Deputy Commissioner (General) of Tangail Md Tariqul Islam and RPCS Manager of DFID of UK Robert Smith inaugurated the...

Govt borrows Tk 5.0b thru' treasury bills

2008-12-01 00:00:00

FE ReportThe government borrowed Tk 5.0 billion (500 crore) Sunday through auctions of treasury bills. It will result in withdrawal of Tk 5.0 billion from the market in the week.The central bank conducted auctions of 91-day and 364-day bills on...