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Bangladesh face Thailand today

2007-08-31 00:00:00

Bangladesh play their opening group match against Thailand in the 7th Men's Asia Cup Hockey, which begins today (Friday) in the Indian city of Chennai.The match gets underway at 9:30 pm, reports UNB.Other matches on the opening day: Malaysia vs...

Murali ruled out of Twenty20 Championship

2007-08-31 00:00:00

Muttiah Muralitharan has sustained an elbow injury that will rule him out of next month's Twenty20 World Championship in South Africa. No replacement has been announced as yet but it is believed that Dilruwan Perera, the offspinning allrounder who was...

Fresh IGP Cup National Youth Kabadi begins tomorrow

2007-08-31 00:00:00

The first phase of the Fresh IGP Cup National Youth Kabadi Competition, organised by Bangladesh Kabaddi Federation, begins tomorrow (Saturday) at seven zonal venues across the country, reports UNB.Thirty-two teams, split into seven groups, will compete in the preliminary round...

Matuail Udayan Sangha beat Rainbow AC

2007-08-31 00:00:00

Matuail Udayan Sangha beat Rainbow AC by 2-0 goals in a match of the Third Division Football League at the Kamalapur Bir Shreshtha Shaheed Sepoy Mohammad Mostafa Stadium in the city Thursday, reports UNB.Mohammad Biplob and Shailesh Chandra Barman scored...

Cricket seeks Olympics inclusion

2007-08-31 00:00:00

Cricket's world governing body is seeking membership of the International Olympic Committee so Twenty20 matches can be part of future Games. "The long-term objective is to have cricket in the Olympics," International Cricket Council chief executive Malcolm Speed told reporters...

Beckham leaves SuperLiga final with knee injury

2007-08-31 00:00:00

LOS ANGELES, Aug 30 (AFP): England midfielder David Beckham, already battling an ailing ankle, left his Los Angeles Galaxy's SuperLiga final against Pachuca of Mexico Wednesday with a knee injury. Despite lingering soreness in his left ankle, which has troubled...

Anelka signs new deal with Bolton

2007-08-31 00:00:00

Bolton striker Nicolas Anelka has ended speculation over his future by signing a new contract that will keep him at the club until 2011, reports BBC. Anelka, 28, has been linked with a move away from the Reebok, with several...

Bank accounts of Khaleda, Koko and 11 others frozen

2007-08-31 00:00:00

Doulot Akter MalaThe National Board of Revenue (NBR) Wednesday directed all commercial banks and non-banking financial institutions (NBFIs) to freeze bank accounts and seize all saving certificates of immediate past prime minister Khaleda Zia, her son Arafat Rahman Koko and...

Dec deadline set for completing flood rehab project procedures

2007-08-31 00:00:00

Shakhawat Hossain The Ministry of Finance (MoF) has set December as the deadline to complete procedures relating to flood rehabilitation projects by the ministries and divisions to ensure utilisation of foreign aid and help maintain budgetary discipline, sources said.It will...

Industrial credit flow up 28.44pc in FY '07

2007-08-31 00:00:00

FE Report Industrial credit flow significantly increased to 28.44 per cent in the last fiscal compared to the previous fiscal mainly due to increased import of capital machineries for some emerging sectors including textiles, telecommunications, energy and power. The recovery...

Detained DU teachers taken on fresh remand

2007-08-31 00:00:00

Dhaka University teachers Anwar Hossain and Harunur Rashid, arrested following student rioting, were taken on a four-day fresh remand Thursday after they were produced in court, report agencies.Before being taken in police custody for further interrogation, Anwar, Dhaka University Teachers'...

Bangladesh, Pakistan to raise bilateral trade to $1b a year

2007-08-31 00:00:00

Bangladesh and Pakistan have decided to consider certain measures of duty concession to each other's export products to raise the annual bilateral trade to US$ one billion from a paltry US$ 300 million, reports UNB. "It's our desire to raise...

Amu sees no problem in holding talks with EC keeping Hasina in jail

2007-08-31 00:00:00

Senior Awami League (AL) Presidium member Amir Hossain Amu Thursday demanded of the caretaker government to let political activities resume on full scale, reports UNB.He also said his party has to stand ready to go for dialogue with the Election...

Definition of loan defaulters remains unchanged

2007-08-31 00:00:00

FE Report The amendments to the Bank Companies Act, 1991 does not have any provision to change the definition of loan defaulters, the Bangladesh Bank (BB) said Wednesday in response to reports published in the media that an amendment has...

European control of IMF 'to end'

2007-08-31 00:00:00

Wolfgang Proissl, FT Syndication ServiceBRUSSELS: Developing countries could provide the future head of the International Monetary Fund (IMF) if they accept Dominique Strauss-Kahn, the former French finance minister, this time round as the new director of the body, according to...

Ban on indoor politics must go before talks start: Hannan Shah

2007-08-31 00:00:00

No recognised major political party is agreed to sit for dialogue with the Election Commission (EC) unless the ban on indoor politics is lifted, said BNP leader Hannan Shah on Thursday, reports UNB."No major political party that is recognised by...

Holy Shab-e-Barat observed

2007-08-31 00:00:00

The holy Shab-e-Barat or the night of fortune was observed across the country Wednesday night with due religious fervour, reports UNB.Muslim devotees spent the night on prayer mats reciting the holy Quran and saying special prayers in mosques and homes,...

UAE agrees to compensate camel jockey victims

2007-08-31 00:00:00

A three-member administrative board comprising a representative of the United Arab Emirates and two officials of the Home Ministry has been formed to look into compensation for the young victims who were used as camel jockeys in the UAE. An...

Two killed in gunbattle with RAB at Savar

2007-08-31 00:00:00

Two alleged terrorists were killed in a gunbattle between members of the Rapid Action Battalion (RAB) and a group of terrorists at Singair Balughat of Savar off the city Wednesday night. Two members of the elite force also sustained injuries...

Overall flood situation improves

2007-08-31 00:00:00

The overall situation in the flood-hit areas has further improved as all the major rivers, including those of the Brahmaputra-Jamuna and the Ganges-Padma basins receded. Although Sylhet district is experiencing flashflood, the situation is likely to start improving in the...

IDB to give $60 million for power plant project

2007-08-31 00:00:00

Visiting Islamic Development Bank (IDB) President Ahmad Mohamed Ali Thursday offered the bank's assistance for Bangladesh's post-flood rehabilitation programme and funds for a power project, reports UNB.Ali gave the assurances when he made a courtesy call on Chief Adviser Fakhruddin...

Minu's deal on Phulbari coal mine illegal: Law Ministry

2007-08-31 00:00:00

The Law Ministry has termed illegal the agreement signed a year ago between the Rajshahi city mayor and the `National Committee for Protecting Oil, Gas and Mineral Resources' on Asia Energy's Phulbari coal mine project, reports UNB.There is no scope...

Stocks continue to rally on DSE

2007-08-31 00:00:00

FE ReportStock prices on the Dhaka Stock Exchange (DSE) continued to rally for the fourth consecutive day Wednesday for buying-spree by the investors.The market was closed Thursday due to announcement of public holiday on account of holy Shab-e-Barat.Market operators said...

Dhaka to propose Delhi to reduce sensitive list under SAFTA

2007-08-31 00:00:00

M Azizur RahmanBangladesh will place a formal proposal to India for shortening the sensitive list of products to ensure exports of more Bangladeshi goods into its market."Cosmetics and toiletries, leather and leather goods, ceramics and readymade garments (RMG) are among...

Strategy for reducing disparities among regions on the cards

2007-08-31 00:00:00

FHM Humayan KabirThe caretaker administration has started preparation of a strategy paper in order to remove economic disparity among the regions in the country.The General Economic Division (GED) of the Planning Commission (PC) has started working on the strategy paper...

Govt to sign 41.2b yen credit deal with JBIC

2007-08-31 00:00:00

FE ReportThe government will soon sign a 41.2 billion yen credit deal with the Japan Bank for International Cooperation (JBIC) for installing the Haripur 360-megawatt (MW) plant as the project got approval of the ECNEC Tuesday."The project approval by the...

Indo-Bangladesh pact to affect Nepali garments

2007-08-31 00:00:00

KATHMANDU, Aug. 30 (Xinhua): The proposed Indo- Bangladesh textile pact that will grant duty-free entry of Bangladeshi garment products into the lucrative Indian market, has posed a new challenge to the Nepali garment industry, which has been rapidly expanding its...

Developments in the region and abroad

2007-08-31 00:00:00

Four more S Korean hostages releasedKABUL, Aug 30 (AFP): The Taliban has handed four South Korean hostages to Afghan tribal elders and plans to hand over the remaining three, a rebel negotiator said. A negotiator says the Taliban plans to...

Sharif to return home Sept 10

2007-08-31 00:00:00

ISLAMABAD, Aug. 30 (Agencies): Nawaz Sharif, Pakistan's former prime minister, will return to the country on Sept. 10, ending almost seven years in exile in an attempt to block President Pervez Musharraf's re-election. Ishrat Ashraf, president of the women's wing...

Philippine economic growth surges in Q2 Roel Landingin

2007-08-31 00:00:00

FT Syndication ServiceMANILA: The Philippine economy grew at its fastest pace in two decades in the second quarter, spurred by a surge in government outlays for the elections in May and infrastructure projects, and higher overseas remittances that boosted household...