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Loew's concern at Ballack's Champions League exclusion

2007-09-05 00:00:00

COLOGNE, Sept 4 (AFP): German head coach Joachim Loew admitted on Tuesday he was surprised midfielder Michael Ballack has been omitted from Chelsea's Champions League squad as he recuperates from an ankle injury. Ballack, 30, injured his left ankle on...

BCB condole death of Rabiul Hassan

2007-09-05 00:00:00

Bangladesh Cricket Board (BCB) condoled the demise of AFM Rabiul Hassan (Kochi), a renowned sports organiser and former cricketer, who passed away recently, reports UNB.In a condolence message, the BCB president and members of the ad-hoc committee conveyed deep sympathy...

Hopman tennis Cup to stay in Perth

2007-09-05 00:00:00

SYDNEY, Sept 4 (AFP): The Hopman Cup mixed teams tennis tournament will be staged in the city of Perth for another six years, the Western Australia state government announced Tuesday. The tournament's future in Perth had been in doubt due...

5th School Kho Kho Competition begins tomorrow

2007-09-05 00:00:00

The 5th School Kho Kho Competition, organised by Bangladesh Kho Kho Federation, begins tomorrow (Thursday) at the Outer Stadium Kho Kho ground, reports UNB.A total of 18 schools will take part in the boys and girls divisions of the competition.

Bopara ruled out of Twenty20

2007-09-05 00:00:00

Ravi Bopara has been ruled out of the ICC World Twenty20 after dislocating and fracturing his right thumb during the fifth one-day international against India, at Headingley, Sunday, reports Cricinfo.He picked up the injury trying to take a return catch...

Spondon KC earn 3-0 victory over Dhaka Junior

2007-09-05 00:00:00

Spondon KC earned a 3-0 goals victory over Dhaka Junior SC in a match of the Metropolis Third Division Football League at the Bir Shreshtho Shaheed Sepoy Mohammad Mostafa Kamal Stadium in Kamalapur here Tuesday, reports UNB.Liton, Ripon and Sheikh...

REHAB Rome fair attracts huge visitors

2007-09-05 00:00:00

FE ReportThe first ever housing fair of Real Estate and Housing Association of Bangladesh (REHAB) in Italy concluded on Monday attracting a good number of Bangladeshi living in that country.Some 42 developers and five financial institutions attended the three-day fair...

International Real Estate Summit begins in Mumbai

2007-09-05 00:00:00

The fourth International Real Estate Summit hosted by the Federation of Indian Chambers of Commerce and Industry is coming up this month in Mumbai at the Hotel Hilton Towers.Scheduled for the 27th and 28th of September, 2007, the summit will...

Rising foreign interest in Malaysia

2007-09-05 00:00:00

Angie NGFOREIGN institutional funds and investors are venturing into Malaysia in a bigger way to take advantage of the strong upside potential of the country's real estate market. The Klang Valley, notably Kuala Lumpur, which has been the hotbed for...

From banana cue to global real estate market

2007-09-05 00:00:00

Arnel MedranoSHE SPENT PART OF HER YOUTH IN MALABON, selling sugar-coated banana-on-stick just to send herself to school and support her younger siblings, not knowing she was destined to sell much bigger things.Selling, she still does, but no more banana...

World's most overpriced real estate markets

2007-09-05 00:00:00

Matt WoolseyBuy a home in Monaco and you'll enjoy iconic beaches, glamorous casinos, a renowned arts and music scene, pulsating nightlife and boutique-packed boulevards. You'll also pay for it.That's because the Mediterranean principality tops the list of the world's most...

Govt directs officials, employees to submit wealth info by Dec 31

2007-09-05 00:00:00

Doulot Akter MalaThe government has directed all its officials and employees to submit wealth statements by December 31 next to their respective ministries, departments and directorates.The ministry of establishment recently issued a circular in this connection.The circular, dated August 28,...

IMF to attach top priority to NBR reforms during talks

2007-09-05 00:00:00

Shakhawat Hossain The International Monetary Fund (IMF) will attach top priority to reforms in the National Board of Revenue (NBR) during talks about a fresh deal on its role in advancement of Bangladesh's economy.An IMF team arrived in Dhaka Tuesday...

Govt top brass meet businesses today

2007-09-05 00:00:00

FE Report The government top brass will sit with the country's private sector groups today (Wednesday) to discuss whether any steps taken by the interim administration caused "erosion of business confidence." "We'll try to identify the government steps that might...

When it's not easy to wriggle off the PSI hook

2007-09-05 00:00:00

Shamsul Huq Zahid An International Monetary Fund (IMF) team, led by its Asia-Pacific region adviser Thomas Rumbough arrived in Dhaka yesterday (Tuesday) on a fortnight-long visit to discuss, among others, a Policy Support Instrument (PSI) deal with Bangladesh in a...

Chinese military hacked into Pentagon

2007-09-05 00:00:00

Demetri Sevastopulo from Washington and Richard McGregor from BeijingFT Syndication ServiceThe Chinese military hacked into a Pentagon computer network in June in the most successful cyber attack on the US defence department, say American officials.The Pentagon acknowledged shutting down part...

Stock market capitalization to cross $15b next year

2007-09-05 00:00:00

Refayet Ullah MirdhaThe Chief Executive Officer (CEO) of the premier Dhaka Stock Exchange (DSE) Limited, Salahuddin Ahmed Khan, said the total market capitalisation of the stock market will cross US$ 15 billion in the next year.He said the floatation of...

Euro being thought as second currency in ACU transactions

2007-09-05 00:00:00

FE Report The eight-nation Asian Clearing Union (ACU) has sought opinions from trade bodies about introduction of Euro along with the existing single currency, US dollar, for settlement of regular payment among its member countries.Each central bank of the ACU...

Intel launches WAP in Bangladesh

2007-09-05 00:00:00

FE Report Chairman of the world's leading technology heavyweight, Intel Corporation, Craig R Barrett announced Tuesday the launching of its World Ahead Programme (WAP) in Bangladesh to provide greater access to and affordable connectivity of internet to help the country...

BNP won't join dialogue with EC 'until release of Khaleda'

2007-09-05 00:00:00

The Bangladesh Nationalist Party (BNP) will not join dialogue with the Election Commission (EC) until party Chairperson Khaleda Zia is released.New BNP Secretary General Khandaker Delwar Hossain said this while briefing journalists at his NAM apartment in the city Tuesday,...

Ex-BNP MP Milon arrested in city

2007-09-05 00:00:00

Former BNP lawmaker AKM Fazlul Haque Milon was arrested in the capital early Tuesday, a day after his party chief and ex-prime minister Khaleda Zia was held, reports UNB.Official sources said Rapid Action Battalion (RAB) personnel picked up Milon, also...

Iajuddin to continue as President

2007-09-05 00:00:00

Law Adviser Mainul Hosein Tuesday said, Iajuddin Ahmed would continue as president in line with the constitution. "He (Iajuddin) will continue as before," Mainul said. The adviser referred to the constitution, saying it spells out clearly that the president "shall...

Low over W central Bay moves north, northwestwards

2007-09-05 00:00:00

The low over west central Bay and adjoining northwest Bay off Orrisa-Andhra coast moved north and northwestwards inland and merged with monsoon axis and now lies over Orrisa and adjoining area. Under its influence deep convection is taking place over...

India calls for restoration of democracy

2007-09-05 00:00:00

India has called for early and full restoration of democracy in Bangladesh, Indian daily Hindu reports. Reacting to the arrest of immediate-past prime minister Khaleda Zia Monday, a spokesperson for the Ministry of External Affairs said, "The early and full...

Govt shouldn't only count remittance money

2007-09-04 00:00:00

The disclosure by the Association of Travel Agents of Bangladesh (ATAB) that about one thousand overseas-bound Bangladeshi workers are now being forced to postpone their journey everyday due to shortage of flights of different airlines is a piece of shocking...

The defining ensemble

2007-09-04 00:00:00

Qazi AzadTHE factor that decides the ultimate dynamics of a country is its social ensemble. The nature of this ensemble is patterned and regulated by the historical circumstances. It cannot be fully changed overnight, as it is rooted in the...

There's no place like home

2007-09-04 00:00:00

Amy YeeBACK in the 1970s, life in the US was the dream for many from different shores. Aditya's Sinha's parents were no different. Natives of Bihar, one of India's poorest states, they moved to New York in 1974 with him...

Norway sets standard in investment world

2007-09-04 00:00:00

David Ibison WHEN Iraq's government was looking for advice on how to invest billions of dollars of future oil revenues in a way that would underwrite the nation's prospects without ruffling geopolitical feathers there was only one country it could...

Correction

2007-09-04 00:00:00

In the editorial published in the September 02 (Sunday) issue of The FE, the existing paid-up capital requirement of banks was mentioned as Tk. 1.0 billion. Actually, the amount cover's individual bank's equity that also includes reserves. The inadvertent mistake...

Regulations for private universities

2007-09-04 00:00:00

Some of the private universities of the country hardly possess the characteristics of real campuses. Housed in small rented buildings, these appear more like coaching centres than as real universities. Some of these private organisations claim to be the franchises...