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Low over northwest Bay intensifies

2007-08-19 00:00:00

The low over northwest Bay off West Bengal-Bangladesh coast intensified into a well-marked low Saturday noon over the same area. It is likely to intensify further and move in a northwesterly direction, said a warning message of the Met office....

Army chief visits Faridpur today

2007-08-19 00:00:00

FARIDPUR, Aug 18: Chief of Army Staff General Moeen U Ahmed is to arrive here today (Sunday) to visit the worst flood-affected areas. He will distribute relief among the affected people and fertiliser and seeds among farmers. The army chief...

Light tremor jolts country

2007-08-19 00:00:00

A light earthquake, measuring 4.60 on the Richter scale, jolted the country Saturday morning. The epicentre of the tremor that was felt at about 06 hours 56 minutes 17 seconds (BST) was about 392 kms from Agargaon, Dhaka Seismic Observatory....

Delay in implementation pushes cost of power projects up

2007-08-19 00:00:00

FE ReportThe number of incomplete power sector projects have risen over the years due to inefficiency of the implementing agencies and political interference.But the delay has pushed up the cost of these power projects to a large extent.According to sources,...

3-yr jt project launched to help Monga-hit people

2007-08-19 00:00:00

FE Report Actionaid Bangladesh (AB) and Bangladesh Unnyan Parishad (BUP) have jointly launched a three-year project to help bring prosperity to the people of Monga-prone areas.AB and BUP launched the joint project styled 'Hunger Free Campaign' after formally inaugurating its...

Low interest rate won't affect bank business: BB chief

2007-08-19 00:00:00

Bangladesh Bank Governor Dr Salehuddin Ahmed Saturday expressed the hope that the commercial banks as well as the businessmen would extend their cooperation to the government efforts to contain prices of essentials, reports UNB."The low interest rate (as directed by...

Two lighter ships capsize, one stuck on char in Bay

2007-08-19 00:00:00

CHITTAGONG, Aug 18 (UNB): Caught in surging waves in rough sea amid a fresh low over the Bay, two lighter ships with cargo capsized off the seaport's outer anchorage while another ran aground in Barisal Saturday.Port sources said 'MV Feroz...

BAFEDA to seek info about inter-bank money market daily

2007-08-19 00:00:00

FE Report The Bangladesh Foreign Exchange Dealers' Association (BAFEDA) will seek information about inter-bank money market on daily basis from the central bank.The BAFEDA will send a letter to the central bank requesting it to provide the information on its...

Yunus urges S Asia to resolve conflicts to fight poverty

2007-08-19 00:00:00

COLOMBO, Aug 19 (UNB): Nobel laureate Mohammad Yunus Saturday made a fervent call for the South Asian (SA) nations to get closer quickly by resolving conflicts to slash poverty to zero in the region through collective endeavors and thereby attain...

No decision yet by BNP to join EC dialogue : Hannan

2007-08-19 00:00:00

BNP chairperson's adviser SM Hannan Shah Saturday said the party is yet to take any decision about participating in the Election Commission's proposed dialogue with political parties for electoral reforms, reports UNB."BNP has not taken any decision in this regard…And...

27 NGOs submit recommendations on local govt

2007-08-19 00:00:00

A coalition of 27 national and international NGOs working in the country Saturday submitted a 40-point recommendation to the Caretaker Government for building a strong new local government, reports UNB.The group demanded the formation of an independent local government commission...

Bangladesh under US watch for military funds

2007-08-19 00:00:00

TORONTO, Aug 18 (bdnews24.com) - An influential US committee has marked Bangladesh for special watch for the human rights record of the country's security forces, according to an official document. The US Congressional Appropriations Committee has already nodded a bill,...

Doha Development Agenda from LDCs' perspectives

2007-08-18 00:00:00

M. Abu EusufTHE Doha Round of negotiations is in its seventh year. The Round has now reached a decisive moment. Ever since the first failure registered at Cancun (Mexico) in 2003, the Round has staggered. The WTO Director-General Pascal Lamy...

Pros and cons of transit rights

2007-08-18 00:00:00

M. I. Ali AN Indian junior minister recently, while on a trip to Bangladesh, reiterated India's desire of securing transit rights through Bangladesh to its north-eastern territories. As in the past, this time too the response to the request was...

Target practice

2007-08-18 00:00:00

Vernon BogdanorIN the 21st century, people demand more from government but trust it less. How is this dilemma to be resolved?There are two alternatives. The first is to move towards a minimal state, an option favoured by the Bush administration...

Where to also act seriously

2007-08-18 00:00:00

THE Brahmanbaria correspondent of this paper highlighted a widely known bad situation more pointedly in a report the other day. He has included in his dispatch a long list of traditional sweet-water fishes facing the grave threat of fast extinction....

Bangladeshis should earnestly pray

2007-08-18 00:00:00

Qazi AzadSHOCK therapy is also a recognised mode of healing in some cases. The patriotic Bangladeshis should earnestly pray that the receding flood, which has caused massive devastations to standing crops and hearths and homes of the affected millions across...

How to meet the basic needs of public officials

2007-08-18 00:00:00

Abdul KhalequeTHE reported government move for enhancing the official land price and the registration fee by 200 per cent to 1150 per cent would raise the cost of land purchase, when it becomes effective. Then, it may create a situation...

Auditors told to scrutinise credit risks

2007-08-18 00:00:00

Jennifer HughesAUDITORS are preparing for particularly careful scrutiny of companies' assumptions about valuation and the risks posed to their businesses in the light of current market volatility.Two of the Big Four UK accountancy groups have issued internal memos advising their...

Citizens' mounting worries

2007-08-18 00:00:00

Worries are mounting for those of us who belong to what can be called the remnants of the middle class. Prices are on an unabated rise, making it difficult to maintain the modicum standard of living that we could enjoy...

Deadly blood transfusions

2007-08-18 00:00:00

A news agency reported sometime ago that the blood of four persons was tested and found positive for HIV/AIDS in Rajshahi. The more shocking and worrying aspect of the finding is that only one of these carriers of HIV/AIDS was...

Toy story with a tough moral for managers

2007-08-18 00:00:00

Bernard SimonMarc Bertrand is a chastened man. Over the course of four decades, Mr Bertrand's parents, followed by Marc and his brother Vic, turned their small Montreal toy distributor into one of the world's biggest makers of children's building sets,...

History of crisis: how bad things happen to good companies

2007-08-18 00:00:00

l Johnson & Johnson, the healthcare products group, is still cited as a case of how to get it right. In 1986 it was discovered that some bottles of its Tylenol painkiller had been laced with cyanide. Although Tylenol contributed...

How Karl Rove lost a generation of Republicans

2007-08-18 00:00:00

James CarvilleThere is an old joke that campaign veterans toss around war rooms, bars and BS sessions. We say there are people who have worked in campaigns who say that they have lost some - and we call those folks...

A divine perspective on global poverty

2007-08-18 00:00:00

Sarah Murray God and Mammon are not generally seen in each other's company, let alone in a business school classroom. But as more MBA students become interested in the potential for the private sector to foster growth in some of...

A well-travelled guide to the treacherous byways of finance

2007-08-18 00:00:00

Linda Anderson Explaining to a group of international students the effects of asset market bubbles and collateral, of debt capacity and corporate investment is not an enviable task.But Jie Gan of Hong Kong University of Science and Technology has the...

UN urges rethink on biofuels

2007-08-18 00:00:00

Javier BlasThe world risks deeper poverty and greater environmental damage unless it fundamentally changes its bioenergy strategy, the United Nations' top food and agriculture official has warned.The UN Food and Agriculture Organisation is pushing for a high-level meeting next June...

Unlike China's 'me-generation'

2007-08-18 00:00:00

Ma. Ceres P. DoyoOne of this year's seven Ramon Magsaysay awardees, China's Chen Guangcheng who is blind, will not be able to come. He is in prison.Last week's Time magazine's cover story is about China's burgeoning young adults (under age...

Asean charter: should we settle for second best?

2007-08-18 00:00:00

Kavi ChongkittavornCome November in Singapore, the Asean leaders have to make the choice of whether to settle for the best or the second-best Asean charter.They must iron out their remaining differences and set Asean's future direction akin to the first...

Railway brings new era for Tibet

2007-08-18 00:00:00

Michael BristowLhasa's railway cargo depot lies at the end of a partly-paved road, full of potholes, around 20km (12.5 miles) outside the Tibetan capital. Scurrying to and fro along its platforms, uniformed workers unload everything from construction materials to incense....