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Reluctance might make arsenic problem in Bangladesh worse: Seminar

2008-08-12 00:00:00

Bangladesh might found it difficult in the future to cope with the growing arsenic problem in its groundwater due to reluctance of the concerned parties, including the government and non-government organisations (NGOs), experts told the international symposium in the city...

Malaysia's inflation rate to moderate in 2009

2008-08-12 00:00:00

KUALA LUMPUR, Aug 11 (AFP): Malaysia's inflation rate, which spiked to a 26-year high in June of 7.7 per cent, will moderate in the second half of 2009 as economic growth is likely to slow down, the central bank said...

China plans more post-Olympics reforms for state enterprises

2008-08-12 00:00:00

BEIJING, Aug 11 (Agencies): A Chinese official said yesterday that after the Olympics, the government would intervene in the consolidation of centrally-administered state-owned enterprises (SOEs) instead of letting them regroup on a voluntary basis.The Olympics wrap up in late August...

Shooter Bindra makes history for India

2008-08-12 00:00:00

BEIJING, Aug 11: Monday is a big day for India, when shooter Bindra nailed down the gold medal in the men's 10-metre air rifle at the Beijing Olympics.For India, it was the first Olympic individual gold.Throughout its history, India just...

Confusion over release of Khaleda deepens

2008-08-12 00:00:00

Confusion over Khaleda release got confounded as two influential advisers clearly stated that the process was at the final stages while Home Adviser Maj Gen (retd) MA Matin, whose ministry is to notify her parole, again said Monday that he...

Centrica mulls 4.0b pound cash offer for British Energy

2008-08-12 00:00:00

LONDON, Aug 11 (AFP): British electricity and gas supplier Centrica may decide to offer 4.0 billion pounds, as well as shares, for British Energy in order to woo the government in London, newspaper reports said today.Centrica announced a week ago...

Pietersen reign starts with win

2008-08-12 00:00:00

England sealed a six-wicket victory over South Africa in the final Test at The Oval to hand Kevin Pietersen a winning start as Test captain, reports BBC.Andrew Strauss and Alastair Cook put on 123 as England looked set to cruise...

President urges Yemen to take manpower from Bangladesh

2008-08-12 00:00:00

President Iajuddin Ahmed Monday underlined the need for enhancing bilateral trade and commerce for mutual benefits of Bangladesh and Yemen, reports UNB.The President also felt that exchange of trade delegations between the two countries could yield better results in the...

AKTEL signs deal with Fairway Automobiles

2008-08-12 00:00:00

AKTEL, one of the largest telecom service providers of the country signed an agreement with the Fairway Automobiles (Pvt.) Ltd., to provide a comprehensive corporate solution.Managing Director of AKTEL Jefri Tambi and Chairman of Fairway Automobiles (Pvt.) Ltd Zarka Banu...

Oil prices rise on supply worries

2008-08-12 00:00:00

SINGAPORE, Aug 11(AFP): World oil prices rose by more than one dollar in Asian trade today on supply concerns amid the escalating fighting between Georgia and Russia, dealers said.In afternoon trade, New York's main contract, light sweet crude for September...

Increase internal resources to ease burden of foreign loan, says NBR chief

2008-08-12 00:00:00

KURIGRAM, Aug 11 (UNB): Chairman of National Board of Revenue (NBR) Mohammad Abdul Majid called for increasing internal resources for reducing the burden of foreign loan."We all had liberated this country through an armed struggle, hence together we have to...

Neaz Mohammad Khan made Dhaka Bank SEVP

FE Report | 2008-08-12 00:00:00

Neaz Mohammad Khan has been promoted to the rank of senior executive vice president (SEVP) of Dhaka Bank Limited.He is now discharging his duty as manager of local office. Prior to joining the local office he was manager of foreign...

Euro pressured by Georgia violence

2008-08-12 00:00:00

TOKYO, Aug 11 (AFP): The euro sank to a five-month low against the dollar in Asian trade today, hit by worries about the fighting in Georgia and signs of slowing eurozone economic growth, dealers said.The resurgent dollar also hit a...

Chinese boxers into last 16

2008-08-12 00:00:00

BEIJING, Aug. 11: Chinese boxers Monday reached the last 16 of the Olympic featherweight and lightweight competitions in front of a boisterous home crowd, while Russia's world champion Albert Selimov lost to a Ukrainian.Li Yang, the bronze medalist of the...

TCB to sell some selected items ahead of Ramadan

FE Report | 2008-08-12 00:00:00

The state-run Trading Corporation of Bangladesh (TCB) will launch the sale of some selected commodities including soyabean oil, pulses and sugar at fair prices ahead of the holy Ramadan in order to help rein in their prices during the fasting...

Prime Bank opens branch at Chapai Nawabgonj

FE Report | 2008-08-12 00:00:00

Prime Bank Limited opened its branch Sunday at Chanpai Nawabgonj. Acting Managing Director of the bank Nasiruddin Ahmed was the chief guest at the inaugural function. The number of branches of the bank rose to 64.Nasiruddin Ahmed in his speech...

NZ Cricket should take call on Pakistan: Vettori

2008-08-12 00:00:00

Daniel Vettori, the New Zealand captain, says he doesn't want to lead a less than full-strength team for the Champions Trophy in Pakistan, and has asked New Zealand Cricket (NZC) to take a decision on the team's visit to the...

Qaeda deputy Zawahiri calls for jihad in Pakistan

2008-08-12 00:00:00

WASHINGTON, Aug 11 (AFP): Ayman al-Zawahiri, the second-in-command to Al-Qaeda chief Osama bin Laden, has released his first English-language video call for jihad in Pakistan, the US-based IntelCenter said Sunday.The message was aired on Pakistan's ARY television network, IntelCenter said...

Jordan, Shell in talks to extract oil from huge shale reserves

2008-08-12 00:00:00

AMMAN, Aug 11 (AFP): Energy-poor Jordan said yesterday it was in talks with Anglo-Dutch group Royal Dutch Shell on an agreement to extract oil from the desert kingdom's 40-billion- tonne oil shale reserves."Negotiations with Shell to sign a deal to...

Dhaka stocks inch their way up

FE Report | 2008-08-12 00:00:00

Dhaka stocks inched their way up Monday after falling in two straight sessions, with continued decline in the turnover.The Dhaka Stock Exchange (DSE), however, fluctuated heavily as the benchmark DGEN went down by over 47 points in the first half...

Government's role in manpower export

2008-08-12 00:00:00

THE deportation of Bangladeshi workers by the Kuwaiti governemnt has drawn the attention of all from the points of sympathy and criticism. It has created sensation in other countries as well and left an impact in the country's labour market.The...

PPP for building infrastructure

Syed Fattahul Alim | 2008-08-12 00:00:00

The slow pace of foreign investment in the economy, despite all the publicity campaigns to this end launched by the successive governments, has often been an issue of discomfort among the policymakers as well as the intelligentsia. That the corrupt...

Musharraf won't step down, says spokesperson

2008-08-12 00:00:00

ISLAMABAD, Aug 11 (Reuters): Pakistan's beleaguered President Pervez Musharraf will not resign, his spokesman said Monday, as the ruling coalition prepared to launch a bid to impeach the prominent US ally.Former army chief Musharraf has since early last year been...

BB provides $25m OD to a govt bank

FE Report | 2008-08-12 00:00:00

The central bank provided overdraft (OD) facilities for US$25 million more Monday to a state-owned commercial bank (SCB) for settlement of food grains and fertiliser import bills, officials said."We've provided the SCB such facilities against the government-approved securities instead of...

Eight Shibir, JCD activists sued in Bagerhat

2008-08-12 00:00:00

BAGERHAT, Aug 11 (UNB): A Chhatra Shibir leader was arrested following a case filed against him and seven other Shibir and JCD activists for trying to resist the authority and students of Bagerhat Government PC College from celebrating its 90th...

Blackburn recall NZ skipper Nelsen

2008-08-12 00:00:00

BEIJING, Aug 11 (AFP): New Zealand's slim hopes of making the men's Olympic football quarter-finals worsened Monday when inspirational captain Ryan Nelson had to return to his English club Blackburn Rovers. Nelsen, the Blackburn captain who had only been released...

Warid offers bonus talktime, SMS on recharge

FE Report | 2008-08-12 00:00:00

Warid Telecom began to offer special bonus talk-time for its Zem prepaid users from Monday for recharging their accounts with scratch cards.Under the offer, Zem prepaid subscribers can avail of the bonus talk-time worth Tk 10 to Tk 175 by...

Cambodia to spend $400m on irrigation

2008-08-12 00:00:00

PHNOM PENH, Aug 11 (Xinhua): Cambodia will spend roughly 400 million U.S dollars later this year to begin construction of new dams in a bid to improve the country's irrigation system, local newspaper the Mekong Times reported today.In a joint...

Lankans seize control

2008-08-11 00:00:00

For 40 minutes before tea India sparkled, but Sri Lanka hit back hard, kept gnawing away, and by stumps had closed in on their second successive home series win over India since 2001.Kumar Sangakkara and the Sri Lankan lower order...

Call rate, dollar move on high track

FE Report | 2008-08-11 00:00:00

The inter-bank call money maintained its high level Sunday despite injection of fresh cash in a market that experienced strong demand for fund. The US dollar was also steady against Bangladesh taka (BDT) in the inter-bank foreign exchange market due...