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US air strike in Baghdad kills 14 sleeping civilians

2007-09-07 00:00:00

BAGHDAD, Sept 6 (AFP): US air strikes on a Baghdad neighbourhood before dawn Thursday killed 14 civilians while they were sleeping and destroyed several houses, angry residents and Iraqi officials said. Defence and interior ministry officials said US helicopters fired...

Felix kills 38 in Nicaragua

2007-09-07 00:00:00

BILWI, (Nicaragua), Sept 6 (AFP): Rare double hurricanes lashed Nicaragua, Honduras and Mexico Wednesday, killing at least 38 people as a waning Felix left a trail of destruction and Henriette gathered force. Nicaraguan authorities said Felix's toll was likely to...

news digest

2007-09-07 00:00:00

Scores of Taliban killed in fresh Afghan clashes KABUL, Sept 6: International and Afghan troops backed by air power killed scores of Taliban militants as heavy fighting intensified across southern Afghanistan, officials said Thursday. The latest bloodshed in the insurgency-hit...

RMG export signaling red?

2007-09-07 00:00:00

THE uneasy development until now forbids telling the last word on the ultimate fate of the local readymade garment (RMG) industry. But it now confronts some ominous signals, exposing the whole sector to new uncertainties about export earnings. A relatively...

The many causes of inflation

2007-09-07 00:00:00

Md Abdul Jabbar PEOPLE from all sections of society extended welcome to newly formed caretaker government after the change-over of 1/11 this year due to particularly their drive against corruption. This is the first government which dared to make accountable...

China returns to global gas market

2007-09-07 00:00:00

Richard McGregor and Peter SmithCHINA'S soaring energy demand has forced it back into the global natural gas market in search of cleaner burning though potentially more expensive fuels to power industry and provide residential electricity. Hu Jintao, China's president, presided...

Malaysia's attempt to lure foreign money

2007-09-07 00:00:00

John BurtonTHE launch of big development zones to attract foreign investment to areas along Malaysia's frontiers with Singapore and Thailand has been clouded by problems with a more modest project outside Kuala Lumpur.The trouble started when the Dubai partner granted...

Plans to safeguard the future of Dhaka city

2007-09-07 00:00:00

DHAKA is described as a 'mega' city for having a population of over 10 million. It would acquire new status as a 'meta' city for its population size increasing to 20 million or beyond by 2020. This was projected in...

Efficiency in fertiliser distribution

2007-09-07 00:00:00

FARMERS are in a resentful mood for not getting the fertiliser on visiting the appointed shops or dealers. In most cases, the local stocks of the fertiliser appear to be far below what are needed for fully supplying the farmers....

No impact of ban on honking

2007-09-07 00:00:00

THE Dhaka Metropolitan Police banned honking in some of the city's busy streets a few months ago. It was imposed with an expectation that the level of noise pollution in the city would reduce to some extent. The roads on...

Poor nations should close ranks to preserve thriving growth

2007-09-07 00:00:00

GENEVA, Sept 6 (Agencies): Developing countries are enjoying their brightest economic spell since the early 1970s, but must join forces to guard against shifts in the global economy and financial turmoil, the UN's trade and development agency said yesterday. The...

China not seeking large trade surplus: Hu

2007-09-07 00:00:00

SYDNEY, Sept 6 (AFP): Chinese President Hu Jintao vowed more action to boost imports today, telling a business audience in Sydney that Beijing did not want to run a large trade surplus. His comments came a day after US President...

Pakistan's fast-growing economy lures entrepreneurs

2007-09-07 00:00:00

NEW YORK, Sept 6 (APP): Crediting President Pervez Musharraf with Pakistan's economic boom, a leading US financial newspaper yesterday said that despite current political difficulties, the emerging economic force of entrepreneurs are demonstrating confidence in the country's future. Since President...

Improved security boosting Iraq's war-ravaged economy: US official

2007-09-07 00:00:00

BAGHDAD, Sept 6 (AFP): Improved security is boosting Iraq's war-ravaged economy which is heading for growth of more than six per cent this year, a senior US official said yesterday, supporting IMF projections. "The improvement on the security side is...

Australian jobless rate steady at historic lows

2007-09-07 00:00:00

]SYDNEY, Sept 6 (AFP): Australia's unemployment rate remained steady at a near 33-year low of 4.3 per cent in August, official data released today showed. The Australian Bureau of Statistics (ABS) data was unchanged from July and close to a...

India dominates Forbes list of Asia's top firms

2007-09-07 00:00:00

SINGAPORE, Sept 6 (AFP): India has the largest number of profitable companies with revenues or market capitalisation above 5.0 billion US dollars in the Asia Pacific region, Forbes business magazine said today. The US business publication said 12 Indian companies,...

India Inc assembles in full force for 'Summer Davos'

2007-09-07 00:00:00

DALIAN, Sept 6 (PTI): Top CEOs of India Inc along with Gujarat Chief Minister Narendra Modi and a couple of members of parliament will be leading the large Indian contingent at the World Economic Forum's (WEF) inaugural annual meeting of...

BoC keeps base rate at 4.50pc

2007-09-07 00:00:00

OTTAWA, Sept 6 (AFP): The Bank of Canada (BoC) held its key lending rate at 4.50 per cent yesterday, noting economic growth outside North America seemed "slightly stronger than anticipated," despite a US housing crunch. "Near-term economic prospects for the...

Crude prices higher as OPEC seen maintaining quota

2007-09-07 00:00:00

SINGAPORE, Sept 6 (AFP): Crude oil prices were higher in Asian trade today on expectations that OPEC will maintain its existing production quota at a meeting next week, dealers said. Prices were also kept firmer by the ongoing Atlantic hurricane...

More Indians in US turn inventors

2007-09-07 00:00:00

NEW DELHI, Sep 6 (PTI): Indian immigrants in the United States are making a strong mark for themselves with an ever increasing number turning into inventors in the country, a recent study says. According to a report prepared by a...

Volkswagen launches Passat in India

2007-09-07 00:00:00

MUMBAI, Sept 6 (AFP): Europe's lasrgest car maker Volkswagen yesterday announced the launch of its first locally assembled premium car, the Passat Sedan, in India. Volkswagen said India's fast-growing car market was an important area for expansion by the company....

Dollar regains poise but housing jitters linger

2007-09-07 00:00:00

TOKYO, Sept 6 (AFP): The dollar steadied in Asian trade today, recovering some of the previous day's losses against the yen on hopes that global share prices will rebound despite the US housing woes, dealers said. They said that a...

Indonesia's Pertamina, Antam to sign $5.5b deals with Russia

2007-09-07 00:00:00

JAKARTA, Sept 6 (AFP): Indonesia's state energy firm Pertamina and state nickel miner Antam are to sign joint projects with Russia's Lukoil Overseas and Rusal worth 5.5 billion dollars today, a minister said. Energy and mineral resources minister Purnomo Yusgiantoro...

Uthappa seals thriller for India

2007-09-07 00:00:00

The best one-day matches are decided in tight finishes and, when the life of a series hangs in that balance, it makes the tension that much more real, reports Cricinfo. Led by a magnificent 94 from Sachin Tendulkar and an...

Bangladesh finish Pool B

2007-09-07 00:00:00

Bangladesh completed their Pool B engagements with a humiliating 0-8 goals defeat against South Korea in the 7th Men's Asia Cup Hockey Championship in Chennai, India Thursday, reports UNB.Bangladesh trailed by 0-5 goals in the first half.The day's defeat was...

BCB Academy team take on NT Strike in one-day match today

2007-09-07 00:00:00

The visiting GP-BCB Academy team takes on Northern Territory (NT) Strike in a one-day match of the Crocodile Cup at the Marrara Cricket Ground today (Friday), reports UNB.They will then conclude their Australia tour with a four-day match against the...

Residential camp for U-23 booters begins tomorrow

2007-09-07 00:00:00

The month-long residential training camp for the Under-23 booters will begin in Cox's Bazar Saturday ahead of the two international football meets, reports UNB. Local coach Hasanuzzaman Bablu and assistant coach Syed Jilani will impart training to the booters in...

Australia feel pressure in bid for Twenty20 crown

2007-09-07 00:00:00

SYDNEY, Sept 6 (AFP): Australian paceman Brett Lee, who missed the one-day World Cup with an ankle injury, is ready to make up for lost time at the World Twenty20 championship in South Africa. "We aren't the most experienced team...

Indo-Bangla Games residential camp begins Sept 10

2007-09-07 00:00:00

The month-long residential training camp for the ensuing second Indo-Bangla Games will begin on September 10 (Monday) starting with some selected participants from eight disciplines, reports UNB.The disciplines are football, kabaddi, volleyball, swimming, athletics, shooting, basketball and kho kho. Bangladesh...

Gulistan register victory over Rainbow

2007-09-07 00:00:00

Riding on a hattrick by Mohammad Shafiullah, Gulistan Sporting Club registered a 3-2 victory over Rainbow Sporting Club in a match of the Metropolis Third Division Football League at the Outer Stadium in the city Thursday, reports UNB.Shafiullah scored three...