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2008-11-15 00:00:00

Britain's Prince Charles turns 60 LONDON, Nov 14: Prince Charles will celebrate his 60th birthday Friday surrounded by young people helped by his charities, as he passes a milestone year with little sign of an end to his long wait...

Bhutan transitions to new King, heralding new democratic era

2008-11-15 00:00:00

Steve HermanWhile the rest of world focus was on the election of a young senator as president of the United States, in the Himalayas all eyes are on a 28-year-old Western-educated hereditary monarch as he was to receive the Raven...

Key events in Bhutan's recent history:

2008-11-15 00:00:00

1972 - King Jigme Dorji Wangchuck dies and is succeeded by his son, Jigme Singye Wangchuck, then aged 16.1974 - Bhutan establishes its own monetary system, separate from India's, and introduces the ngultrum currency; the country also opens up to...

Satyam banned from World Bank

2008-11-15 00:00:00

FOX NewsSoftware major Satyam Computer Services has reportedly been banned from doing any off-shore work with the World Bank (WB) after forensic experts and bank investigators discovered that spy software was covertly installed on workstations inside the bank's Washington headquarters,...

Dhaka stocks fall after three days of gain

2008-11-14 00:00:00

FE ReportDhaka stocks fell Thursday putting an end to the three days of rally amid low turnover.The benchmark DSE General Index (DGEN) shed 16.45 points to close at 2676.82 while the All Shares Price Index (DSI) and the DSE20 blue...

Forex reserve falls

2008-11-14 00:00:00

FE Report The country's foreign exchange reserve came down to US$5.046 billion on November 12 from $5.759 billion on October 5 last after payment to the Asian Clearing Union (ACU). On November 3 last, the central bank remitted the routine...

0.067m individuals submit tax returns

2008-11-14 00:00:00

FE ReportAround 0.067 million individual taxpayers have submitted tax returns for current fiscal year, the deadline for which expired Wednesday, officials said.The revenue officials are yet to compile final data on collected tax but they said collection will surpass that...

Prime Bank arranges Tk 150m syndicated loan for CECCL

2008-11-14 00:00:00

FE Report Prime Bank Limited (PBL) has successfully concluded a Tk 150 million syndicated loan agreement as lead arranger with two other private commercial banks for Configure Engineering and Construction Company Limited (CECCL) for setting up a five-star hotel in...

Govt has to play 'referee' in Hasina-Khaleda talks: AL

2008-11-14 00:00:00

Awami League (AL) chief Sheikh Hasina can sit with BNP chairperson Khaleda Zia, if the meeting is arranged on specific agenda and the government plays its part as "referee" to moderate the talks, AL said Thursday, report UNB and bdnews24.com.The...

Communications ministry to report corruption

2008-11-14 00:00:00

The communications ministry has pledged to go public with a report in its efforts to purge the organisations under its wings of deep-rooted corruption, a top official said, reports bdnews24.com. "We are finding out the sources of corruption in the...

BIMSTEC leaders agree to work together to tackle pressing issues

2008-11-14 00:00:00

NEW DELHI, Nov 13 (UNB): The leaders of BIMSTEC emerged from their summit meet here Thursday with a unanimous decision to work jointly to tackle the challenges like global financial crisis, concerns over energy and food security and climate change...

BTCL to launch broadband internet service

2008-11-14 00:00:00

Bangladesh Telecommunications Company Limited (BTCL) Thursday decided to launch broadband internet service through 'outsourcing' by this year. The decision came at the sixth board meeting of BTCL held at its head office presided over by the Chairman of BTCL board...

Listed criminal's body recovered in old city

2008-11-14 00:00:00

A listed criminal's body was found on Dholaipar Bazar Road of Kadomtoli in the old part of the city early Thursday. The deceased was identified as Saikat Chandra Das (25), son of Sumit Chandra Das and a resident of 27/28...

Firearms depositing deadline Dec 3

2008-11-14 00:00:00

The government has asked the owners of authorised firearms to deposit those in their nearby police stations from November 20 to December 3. The decision was taken to maintain law and order in the country, as the national and local-body...

Banks get poor response from polls aspirants on default loans

2008-11-14 00:00:00

FE Report Banks got poor response from loan-defaulter polls aspirants in rescheduling and repaying their dues as the deadline for updating their dues, set by the government, expired Thursday. Under the amended Representation of the People Order (RPO), any person...

DPDC, DESCO send power tariff hike proposals to BERC

2008-11-14 00:00:00

Retail consumers may have to pay increased power tariff as the distribution companies began placing proposals with the Bangladesh Energy Regulatory Commission (BERC) for a raise, reports UNB.According to official sources, Dhaka Power Distribution Company (DPDC) Wednesday sent proposal for...

Oil falls to 22-month low at $55 on recession fears

2008-11-14 00:00:00

PERTH, Nov 13 (Reuters): Oil fell for a third straight day Thursday to hit a 22-month low of $55 a barrel as mounting pessimism about the global economy outweighed OPEC's comments that it could cut output again as early as...

Further problems lie ahead of global banking sector

2008-11-14 00:00:00

From Fazle RashidNEW YORK, Nov 13: The US Treasury Department has abandoned the idea of spending the entire bail-out money amounting to $700 billion for recapitalisation of banks and other financial institutions. The reason behind the reversal of the decision...

$480m IDA credits for power, food support

2008-11-14 00:00:00

Bangladesh will get US$ 480 million credit from the International Development Association (IDA), a soft window of the World Bank, under two agreements signed in the city Thursday, reports UNB.The fund will be utilised to increase power supply from the...

Japan to offer IMF up to $100b from forex reserves

2008-11-14 00:00:00

TOKYO, Nov 13 (Reuters): Japan is ready to offer up to $100 billion to the International Monetary Fund to assist emerging economies, a Japanese government source said on Thursday, ahead of a global summit on the financial crisis this week.Prime...

Moving BIMSTEC into action

2008-11-14 00:00:00

CHIEF Adviser (CA) Dr Fakhruddin Ahmed is now in New Delhi to attend the summit meeting of BIMSTEC( The Bay of Bengal Initiative for Multi-sectoral Technical and Economic Cooperation). Founded in 1997, it started off with four countries which have...

Time to tap potential of regional forums

2008-11-14 00:00:00

Syed Fattahul AlimThe timing for the second summit of the Bay of Bengal Initiative for Multi-sectoral, Technical and Economic Cooperation (BIMSTEC) among seven South and Southeast Asian nations in New Delhi could not be held at a better time than...

Why not biodegradable polybags?

2008-11-14 00:00:00

Mozzamel HaqueTHE ban on polybags was well received in some quarters out of a concern for the environment. But the ban is taken casually now as there is no compulsion to take it seriously. The polybags have staged a comeback...

Shame for the nation

2008-11-14 00:00:00

THE nation once again recalled with a heavy heart recently the jail killings. The brutal assassination of Bangabandhu Sheikh Mujibur Rahman and the members of his family in August 1975 will remain forever a black spot to trouble the consciousness...

Untimely deaths of children

2008-11-14 00:00:00

ABOUT 110,000 children die every year before they reach the age of five due to water-borne diseases. It is a pity that we could not check the unwanted deaths.Official statistics show, due to inadequate sanitation facilities, 65 million children under...

Alternatives to tree felling

2008-11-14 00:00:00

IF law enforcement is the problem, why cannot the relevant ministry deploy more police to patrol the reserved forests to stop indiscriminate tree felling. The government knows that many brickfields regularly burn wood though it is prohibited. As Barapukuria coal...

Obama victory is like a fairy tale

2008-11-14 00:00:00

Syed JamaluddinBarack Obama never talks about how people see him. He said, 'I am not the one making history. You are .. America is a place where all things are possible'. Barack Hussein Obama did not win because of the...

Canada: Queens of the Camera

2008-11-14 00:00:00

V. RadhikaDEEPA Mehta, Mira Nair, Jane Campion and Lynne Ramsay have shown that women make great films, the kind that cut across cultural boundaries and create box-office records. And, going by the number of women filmmakers who presented their works...

US trade measures to help South American and African nations

2008-11-14 00:00:00

Merle D. Kellerhals from Washington TWO trade liberalization measures that waive import duties from nations in the Andean region of South America and in Africa have been extended through the end of 2009."All our nations are carrying out a comprehensive...

'G20 economic crisis talks will yield 'concrete results'

2008-11-14 00:00:00

WASHINGTON, Nov 13 (AFP): The White House said yesterday that it expected US-hosted global economic crisis talks this week to yield "some quite concrete results," launching the first in a series of summits on the meltdown. But the impact of...