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DFID asked to finance catering institute in Sylhet

2008-10-09 00:00:00

Leader of Parliamentary Delegation from UK's Home Affairs Committee Keith Vaz MP Wednesday said he would request the Department for International Development (DFID) to finance the proposed catering institute in Sylhet, reports UNB. The institute, he said, will enable people...

ACC files 15 corruption cases against 24 CDA staff

2008-10-09 00:00:00

CHITTAGONG, Oct 8 (UNB): The Anti-corruption Commission (ACC) filed 15 corruption cases against 24 persons, including engineers, staff and contractors of Chittagong Development Authority (CDA), on charge of misappropriating CDA funds and committing irregularities in road construction.After preliminary investigation, ACC...

Gen Maung meets Army Chief, discusses bilateral issues

2008-10-09 00:00:00

Visiting Vice-chairman of the State Peace and Development Council of Myanmar Vice-senior General Maung Aye paid a courtesy call on Chief of Army Staff General Moeen U Ahmed at the Army Headquarters in the city Wednesday, reports UNB."They exchanged greetings...

SC 'dismisses' Mojaheed bail plea

2008-10-09 00:00:00

The vacation chamber judge of the Supreme Court Wednesday dismissed a petition for anticipatory bail filed by Jamaat-e-Islami secretary general and former minister Ali Ahsan Mohammad Mujaheed in the Boropukuria coalmine graft case, reports UNB. Emerging from the chamber of...

Country limping forward, says Kazi Faruk

2008-10-09 00:00:00

United Citizens' Movement, new political party of the country, was launched Wednesday by Proshika chairman Kazi Faruk Ahmed, who said their immediate challenge was to contest in the upcoming general election, reports bdnews24.com. "Bangladesh is limping forward. We will re-establish...

Tigers take on Kiwis in first one-dayer today

2008-10-09 00:00:00

Bangladesh face New Zealand in the first match of the BRAC Bank ODI series at the Sher-e-Bangla National Stadium (SBNS) in the city's Mirpur today (Thursday).The match will start at 9am with state-run Bangladesh Television (BTV) broadcast- ing the match...

Aussies eye India’s ageing veterans

2008-10-09 00:00:00

Australia will bid to unsettle veteran members of India's ageing team when the four-Test series begins today (Thursday). Anil Kumble, 38, this month, leads an India side including Sourav Ganguly (36), Sachin Tendulkar and Rahul Dravid, both 35, and VVS...

BRAC Bank becomes title sponsor

2008-10-09 00:00:00

BRAC Bank Ltd has become title sponsor of Bangladesh's home series against New Zealand that begins today (Thursday) at the Sher-e-Bangla National Stadium (SBNS) at Mirpur in the city.The ODI and Test series between Bangladesh and New Zealand will now...

Prize money at Australian Open rises

2008-10-09 00:00:00

SYDNEY, Oct 8 (AFP): The singles winners at next year's Australian Open will each take home 1.62 million dollars (US$1.11 million), organisers said Wednesday, as they announced a 22 million dollar prize pool. Tennis Australia said the singles prizes had...

Igloo becomes official ice-cream

2008-10-09 00:00:00

Igloo has become the official ice cream of Bangladesh's home series against New Zealand that begins today (Thursday) at the Sher-e-Bangla National Stadium (SBNS) at Mirpur in the city.As the official ice cream, Igloo will provide Tk 100,000 to Bangladesh...

Chittagong Mohammedan taste first victory

2008-10-09 00:00:00

CHITTAGONG, Oct 8 (UNB): Chittagong Moha-mmedan SC tasted the first victory in the Citycell 2nd B League beating giant-killers Rahmatganj MFS by 2-0 goals at their home ground-MA Aziz Stadium in Chittagong- Wednesday.After a barren first half, Rafael Saknu scored...

BCB strikes deal with Wintel

2008-10-09 00:00:00

Bangladesh Cricket Board (BCB) Wednesday struck a one-year deal with mobile content provider Wintel Ltd, UNB reports.Under the deal, Wintel will deliver the scores of the National Cricket League (NCL) as well as different domestic tournaments to be organised by...

Bangladesh squad leaves for Pune today

2008-10-09 00:00:00

An 11-member Bangladesh contingent will leave Dhaka for the Indian town of Pune this (Thursday) morning to take part in the eight-day 3rd Commonwealth Youth Games to be held October 12-18, UNB reports. The Bangladesh contingent, led by Chef de-mission...

Reforming the tax administration

2008-10-08 00:00:00

THE National Board of Revenue (NBR) earned Tk. 21 billion more aggregate in tax revenue last fiscal than what was targeted for that year. This was a unique feat on the part of the tax collectors in the 37-year old...

Corporatisation of SoEs: Old wine in new bottle

2008-10-08 00:00:00

Shamsul Huq ZahidThe government, of late, has converted a number of state-owned enterprises, including banks, into public limited companies (plcs) with a pious objective of infusing dynamism and efficiency into those entities. Shares of some of the state-owned plcs have...

Toxic bomb in Chittagong

2008-10-08 00:00:00

M. B. AliWHILE all nations worldwide are trying to find means to reduce global warming, the government of Bangladesh (GOB) is undertaking projects that would not only seriously damage its environment but also poison hundreds and thousands of its citizens...

HSBC: A worldwide star performer

2008-10-08 00:00:00

Jon MenonHSBC Holdings Plc Chairman Stephen Green kept to his schedule the night Europe fell into the worst banking crisis since the Great Depression. On Sunday, Sept. 28, as governments in London and Brussels were scrambling to find anyone willing...

For a longer Eid-ul-Fitr holiday

2008-10-08 00:00:00

A longer vacation during one festival would be good as in some other countries. We get only three-day vacations for the two Eids. But many people extend it for more than a week on each festival. The holiday mood continues...

Friend of the public?

2008-10-08 00:00:00

A woman was set upon by the relatives of her husband who tried to kill her with a drill machine. This barbarous and savage act took place in Rampura. The wife, Tahmina Akhtar (25) has been admitted to Dhaka Medical...

Courteous giving and taking

2008-10-08 00:00:00

SOME persons are less than courteous in receiving from or giving something to others. It also happens with the shopkeepers. At times some of the shopkeepers do not care to return the balance to a buyer in a decent way...

Proliferation of nuclear democracy

2008-10-08 00:00:00

Air Commodore Muhammad Zakiul Islam ndu acsc (Retd) THE United States of America and India signed an agreement for cooperation in the field of nuclear technology during the visit President George W Bush in March 2006. This was a formalized...

Need of the day is transparent public and corporate governance

2008-10-08 00:00:00

Abu Sayed Md. Shaykhul Islam, FCMATODAY, the principal goal of Bangladesh is to reduce and finally alleviate poverty. The country now needs to gear up the pro-poor economic activities. Its agricultural growth along with rapid private investments can bring momentum...

Fed eyes plan to fund short-term business loans

2008-10-08 00:00:00

WASHINGTON, Oct 7 (AP): The government is weighing a bold plan to buy massive amounts of unsecured short-term debts in a dramatic effort to break through a credit clog that is imperiling the economy.The Federal Reserve is working with the...

WB chief urges 'new multilateralism' amid financial crisis

2008-10-08 00:00:00

WASHINGTON, Oct 7 (AFP): World Bank president Robert Zoellick said yesterday that the current financial turmoil highlighted the need for a "new multilateralism" to replace outdated structures. Describing the financial turmoil of this year as a "wake-up call," Zoellick said...

EU moves to restore confidence in banking system

2008-10-08 00:00:00

LUXEMBOURG, Oct 7 (AFP): European finance ministers were set today to begin preparing their first joint measure to reassure savers unnerved by the financial crisis by ramping up minimum bank deposit guarantees. As panic swept through the European financial sector...

S Korea plays down crisis as won hits 7-year low

2008-10-08 00:00:00

SEOUL, Oct 7 (Reuters): South Korea's president played down talk of a currency crisis similar to one that nearly broke the economy 10 years ago, seeking to assure investors even as the won slumped to a 7-1/2-year low on fears...

BoJ holds rate steady amid market turmoil

2008-10-08 00:00:00

TOKYO, Oct 7 (AFP): Japan's central bank said today that it was holding its key interest rate steady at 0.5 per cent, as fresh turmoil erupted on global financial markets. The policy board made the decision unanimously at the end...

RBA slashes interest rates

2008-10-08 00:00:00

SYDNEY, Oct 7 (AFP): Australia's central bank slashed interest rates by one percentage point today amid fears of a global slowdown sparked by the US-based financial crisis. The Reserve Bank of Australia (RBA) reduced its official cash rate from 7.0...

Oil rebounds near 90 dollars

2008-10-08 00:00:00

SINGAPORE, Oct 7 (AFP): Crude oil prices rebounded to near 90 dollars a barrel in Asia today but dealers said the underlying trend is lower after deepening global financial turmoil and falling stocks further raised fears of slowing energy demand....

Yen pulls back after Australian rate cut

2008-10-08 00:00:00

TOKYO, Oct 7 (AFP): The yen eased back while the euro rebounded in Asia today as global markets showed signs of stabilising, helped by a big cut in Australian interest rates, dealers said. The move sparked hopes that other central...