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Central Asia: People left to cope with miserable salaries

2007-09-15 00:00:00

Farangis NajibullahEven though some Central Asian countries increased public-sector wages this month, the average salary in the region -- less than $100 per month, with the exception of oil-rich Kazakhstan -- is still barely enough to buy basic foodstuffs.The meager...

Hydrogen fuel bikes debut in China

2007-09-15 00:00:00

Pearl Hydrogen Power Source Technology Co unveiled its environmentally clean hydrogen fuel cell bike at an international fair in Shanghai recently.The bike is comprised of a battery tank and a pair of hydrogen gas bottles making it look different than...

'Express trade corridor' to Asia

2007-09-15 00:00:00

Wendy Stueck New container terminal in Prince Rupert banking on changing shipping patterns as global warming keeps Northwest Passage ice freeWhen they formally open a new container terminal in Prince Rupert recently, officials will trumpet an "express trade corridor" that...

Blackstone extends reach in building and manufacturing

2007-09-15 00:00:00

Joe LeahyBlackstone last week completed its fifth deal in India in two years, underscoring the appetite among private equity firms for investments in Asia's second-fastest growing large economy.Blackstone will pay $150m for a 12.5 per cent stake in Hyderabad-based Nagarjuna...

Opec lays the ghost of Jakarta

2007-09-15 00:00:00

Javier Blas and Ed Crooks The Organisation of the Petroleum Exporting Countries exorcised the ghost of Jakarta on Tuesday. Coming to Vienna, Opec ministers were haunted by the memory of the meeting in November 1997 in the Indonesian capital. At...

Prices of edible items rise further with advent of Ramadan

2007-09-15 00:00:00

FE ReportPrices of onion, green chilli, lemon, lentil, edible oil and vegetables increased and the prices of other essential commodities remained unchanged in the city markets over the past week.Traders said prices of most of the items have gone up...

Pragati Life Ins approves 12pc dividend

2007-09-15 00:00:00

FE ReportPragati Life Insurance Limited approved 12 per cent dividend for its shareholders for the year 2006. The dividend was approved at the 7th annual general meeting of the company held at a city Thursday. Pragati Life Ins Chairman Syed...

Call rate maintains steady level

2007-09-15 00:00:00

Sarwar ZahanThe inter-bank call money rate maintained its steady level last week ignoring withdrawal of large amounts of cash through auctions of reverse repurchase agreement (repo), treasury bills, Bangladesh government treasury (BGT) bills and Bangladesh Bank (BB) bills, fund managers...

BTA holds AGM

2007-09-15 00:00:00

Our CorrespondentCHITTAGONG, Sept 14: The 47th annual general meeting (AGM) of Bangladesh Tea Association (BTA) was held at its registered office in the city Thursday.BTA Senior Vice-chairman Md Shafwan Chowdhury presided over the AGM and submitted annual report.Audited accounts of...

weekly currency roundup

2007-09-15 00:00:00

Commercial Bank of CeylonSeptember 09 - September 13, 2007US dollar retained its bullish tone against Bangladesh taka last week due to persistent high demand for foreign exchange to meet the import-related obligations ahead of the holy Ramadan. In the first...

Ekramul promoted as additional MD of EXIM Bank

2007-09-15 00:00:00

FE ReportEkramul Hoque has been promoted as additional managing director of the EXIM Bank. Prior to this assignment, he was the deputy managing director of EXIM Bank.After completion of his Masters Degree in Economics from Dhaka University. Hoque started his...

Under-fire Bush orders partial pullout of troops from Iraq

2007-09-15 00:00:00

WASHINGTON, Sept 14 (AFP): US President George W Bush announced Thursday he will pull-out some 21,500 combat troops from Iraq by mid-2008, but ruled out a full withdrawal and promised an "enduring" US presence there. "Because of the measure of...

Aso, Fukuda vie for prime minister post

2007-09-15 00:00:00

TOKYO , Sept 14 (Agencies): Former Foreign Minister Taro Aso declared his candidacy Friday to replace Japan's hospitalised prime minister, running as the conservative choice against dovish former Cabinet secretary Yasuo Fukuda. Meanwhile, the ruling party came under pressure to...

Aid rushed to Indonesia quake survivors

2007-09-15 00:00:00

ARGAMAKMUR, (Indonesia), Sept 14 (AFP): Rescue workers in Indonesia rushed aid today to Sumatra's west coast after massive earthquakes killed 13 people there and scared thousands of survivors into sleeping outdoors. President Susilo Bambang Yudhoyono said Indonesians should be grateful...

Pakistan probes attack that killed 15 soldiers

2007-09-15 00:00:00

ISLAMABAD, Sept 14 (AFP): Pakistan today was investigating a suspected suicide bombing that killed 15 elite commandos, the latest in a string of attacks targeting the military amid a surge of militant violence. The attack on a mess hall at...

Google offers reward to land robot on moon

2007-09-15 00:00:00

NEW YORK, Sept 14 (AFP) : Internet search giant Google Thursday offered 30 million dollars in prize money for companies to land a robot camera to roam on the moon and send back high-resolution snaps and data. Google launched Google...

Patch-wearing for children's 'lazy eye' can be greatly reduced

2007-09-15 00:00:00

PARIS, Sept 14 (AFP): Children who wear a patch to correct "lazy eye" need only wear it for four hours per day, and those aged under four around three hours, rather than the six to 12 hours usually recommended by...

news digest

2007-09-15 00:00:00

US, China to reward North Korea with fuel aid WASHINGTON, Sept 14: The United States and China are preparing to provide tens of millions of dollars in fuel aid to North Korea as it moves to declare and disable its...

Despair in police as pay hike move stalls

2007-09-15 00:00:00

Despair has hit the police, especially the lower rungs, after recommendations for a pay hike and increased rations for all ranks did not get the approval, a top police official said Thursday, reports bdnews24.com. "We have been attempting to raise...

Special food for fasting Hasina, Khaleda

2007-09-15 00:00:00

Special foods or Iftar items have been arranged for former prime ministers Sheikh Hasina and Khaleda Zia now detained in the special jails housed in the Sangsad Bhaban complex, reports bdnews24.com. The menu for their Iftar include gram, piaju, beguni,...

DU teachers demand freedom for detained colleagues

2007-09-15 00:00:00

A group of teachers of the Dhaka University (DU) Thursday demanded freedom for two detained colleagues and expressed concern over the charging of two others, in a meeting with senior army officers, reports bdnews24.com. DU syndicate member Sadeka Halim told...

Police Service delivery Centre opens in B'baria

2007-09-15 00:00:00

Our CorrespondentBRAHMANBARIA, Sep 14: Police Service Delivery Centre was inaugurated at the Ashuganj Police Station here recently to establish friendly community-police relations based on mutual understanding, trust and co-operation to prevent crime.A 'Police Open Day' was also arranged at the...

Another case filed against ex BNP MP

2007-09-15 00:00:00

NARAYANGANJ, Sept 14 (UNB): Another case was filed against former BNP lawmaker Giasuddin Thursday on charge of extortion.Abul Bashar, a lime businessman of Shiddhirganj area, filed the case with Shiddhirganj thana against Giasuddin.According to the case, Bashar paid a total...

Sri Lanka overwhelm Kenya

2007-09-15 00:00:00

JOHANNESBURG, Sept 14 (Cricinfo): It was minnow bashing at its best as Sri Lanka, led by Sanath Jayasuriya, pulverized Kenya, beating them by 172 runs at the Wanderers. Jayasuriya's whirlwind 88 and Jehan Mubarak's late fireworks lifted Sri Lanka to...

Tigers face South Africa today

2007-09-15 00:00:00

High flying Bangladesh, already secured a spot in the Super Eights of the Twenty20 World Championship, faces hosts South Africa in their second and last group A encounter at Cape Town today (Saturday), reports UNB.The match that begins at 10:00pm...

Australia rout feeble England

2007-09-15 00:00:00

Australia bounced back in style from Wednesday night's humiliation against Zimbabwe, producing a performance with bat and ball that was as disciplined and purposeful as their earlier efforts had been flaccid and complacent. After losing the toss and being asked...

Motijheel Govt. Boys' High beat Jatrabari Ideal High

2007-09-15 00:00:00

Motijheel Govt. Boys' High School beat Jatrabari Ideal High School by 2-0 goals in a match of the Under-13 School Football League at the Motijheel Govt. Boys' High School ground in the city Friday, reports UNB.In the other U-13 matches,...

India-Scotland T20 match washed out

2007-09-15 00:00:00

DURBAN, Sept 14 (AFP): Bad weather forced the Twenty20 world championship group D match between India and Scotland to be abandoned without a ball being bowled here Thursday. Persistent rain since the afternoon frustrated the two teams after Scotland captain...

Ballseye

2007-09-15 00:00:00

Saiful KaiserThe Kenyans really got bashed in their encounter with the Sri Lankans. For the Lankans this was a perfect start before they take on the better teams.Sanath Jayasuriya plundered runs at will, his 88 came in 44 balls with...

Emergency creating no problem for people, economy : CA

2007-09-15 00:00:00

Chief Adviser (CA) Fakhruddin Ahmed dismissing the notion that the country is placed under a dual rule said Friday he does not perceive any political role of the armed forces, reports UNB."I don't feel the existence of dual rule… the...