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'Proper systems' for accountability

2008-04-04 00:00:00

CIVIL servants in our country typically behave that they form a privileged group like the hereditary aristocracy. Most of them view their jobs as of a type they can carry on until their retirement time without suffering any penalty for...

What happened to biodiesel from jatrofa?

2008-04-04 00:00:00

Not only solar power, it is high time to try and popularise other non conventional forms of energy to reduce dependence on petrol, diesel or gas. Conventional energy sources are expensive and wasteful and create external dependency. But the alternative...

India: on the border of hope

2008-04-04 00:00:00

Nirupama Dutt from Chandigarh in IndiaTHE mood in Nangal Choran, a far-flung village of Hoshiarpur district in Punjab, is upbeat. Kashmir Singh, 70, an inhabitant of the village, who was on death row in Pakistan, returned home recently, courtesy the...

China will not easily be cowed

2008-04-04 00:00:00

Christopher CaldwellBOYCOTTING the Olympic Games scheduled for Beijing next August is a solution that has long been in search of a problem. A year ago, Mia Farrow, the actress, called for a boycott on the grounds that the government of...

Afghanistan MP plots path from tent to presidential palace

2008-04-04 00:00:00

Jon Boone THE scruffy tent pitched on a dusty scrap of land in front of Afghanistan's parliament has a good claim to being the most unassuming presidential campaign headquarters in the world.Its occupant, a slightly built Afghan MP who eschews...

Nuclear option is nearer as old remedies falter

2008-04-04 00:00:00

Michael Mackenzie from New York WITH ammunition in the magazine of monetary policy running low, talk of a fiscal silver bullet to clean up the mortgage mess is gaining ground among bankers.A wholesale bail-out of the financial system via the...

Zimbabwe awaits end to silence on presidential vote

2008-04-04 00:00:00

HARARE, Apr 3 (AFP): Zimbabweans waited anxiously Thursday for an end to a deafening official silence over the outcome of presidential elections after the opposition took control of parliament. The electoral commission wrapped up final results on the parliamentary contest...

Al-Qaida's No. 2 defends deadly attacks

2008-04-04 00:00:00

CAIRO, Egypt, Apr 3 (AP): Al-Qaida No. 2 Ayman al-Zawahri, rejecting criticism of attacks by the terror network's followers that have killed thousands, maintained that it does not kill innocent people. His comment came during a 90-minute audio response Wedneday...

Tibet orders post-riot propaganda drive

2008-04-04 00:00:00

BEIJING, Apr 3 (AP): More than 1,000 people have been arrested or turned themselves in to police after deadly rioting last month in the Tibetan capital of Lhasa, the city's deputy Communist Party secretary said. Trials will be held before...

Nepal Maoists to respect polls result, threat remains

2008-04-04 00:00:00

KATHMANDU, Apr 3 (Reuters): They fought in the mountains for a decade, but Nepal's former Maoist rebels vowed Thursday to respect the result of next week's historic national elections -- even if they lose. It is one of the biggest...

NATO divided on Georgia, Ukraine

2008-04-04 00:00:00

BUCHAREST, Apr 3 (AP): France and Germany were poised Thursday to thwart a drive by President Bush to place the strategically important Black Sea states of Ukraine and Georgia on track for NATO membership at a tense alliance summit. NATO...

ROK president tells North to change tone

2008-04-04 00:00:00

SEOUL, Apr 3 (Reuters): South Korea's president Thursday rebuffed the latest taunts from North Korea, telling his communist neighbour to change its tone and get back to more serious dialogue. In the past week, the North has threatened to reduce...

US air strikes return in Iraq

2008-04-04 00:00:00

BAGHDAD, Apr 3 (Reuters): US forces called in helicopter strikes during a clash with gunmen Thursday in the city of Hilla and said they bombed a house in Basra, stepping up raids after days of relative calm in Iraq's volatile...

North Korea sells rocket launchers to Myanmar

2008-04-04 00:00:00

TOKYO, Apr 3 (Reuters): North Korea has been selling multiple rocket launchers to military-ruled Myanmar since the two countries restored ties last year in violation of U.N. sanctions, Japan's NHK public broadcaster reported. Quoting unspecified diplomatic sources, NHK said in...

Israel plays down risk of conflict with Syria

2008-04-04 00:00:00

JERUSALEM, Apr 3 (AFP): Israel Thursday played down media reports of heightened tension along the Syrian border, insisting there was little likelihood of military confrontation between the two neighbours. "Israel has no intention of attacking Syria, and the latter says...

New local co moves to attract FDI

2008-04-04 00:00:00

FE ReportAsian Tiger Capital Partners, a newly-launched local company, has taken a move to attract foreign direct investment (FDI) in Bangladesh and also to help improve the image of the country."We see Bangladesh has an immense opportunity to emulate the...

Warid Telecom to sponsor fashion show tomorrow

2008-04-04 00:00:00

FE ReportWarid Telecom will sponsor an exclusive 'fashion show' of Bangladesh's leading fashion outlet Shadakalo as an initiative to encourage international standard design and the designers of the country.The fashion show titled 'Warid Presents Shadakalo Fashion Show for Bangladesh 2008'...

Jamuna Bank launches VISA card

2008-04-04 00:00:00

FE ReportJamuna Bank Limited launched VISA card at a city hotel recently.Chairman of the board of directors of the bank Nur Mohammed inaugurated the launching ceremony in presence of a large number of customers and well-wishers of the bank.Vice-chairman of...

Online share trading in Rajshahi facing problems

2008-04-04 00:00:00

Our CorrespondentRAJSHAHI, Apr 3: Online share trading in Rajshahi is facing problems due to various reasons.After the on line share trading commenced in Rajshahi three years ago, the total number of share investors in four broker houses have now reached...

BBF, Masthead PR sign deal

2008-04-04 00:00:00

FE ReportBangladesh Brand Forum and Masthead PR signed a partnership agreement in the city recently. Chief Adviser of the Bangladesh Brand Forum Ferhat Anwar and Sarkar Maswood Hasan of Masthead PR signed the agreement.

Belgian co to invest $2.0m in DEPZ

2008-04-04 00:00:00

FE ReportBelgian company Satexco Limited will set up a security clothing industry in the Dhaka Export Processing Zone (DEPZ).The one hundred per cent foreign-owned company will invest US$ 2 million and will create an employment opportunity for 250 Bangladeshi nationals.An...

Ethiopian team joins IDCOL's experience-sharing programme

2008-04-04 00:00:00

FE ReportA delegation led by State Minister for Water Resources, Ethiopia Adugna Jebesa and senior officials of the Ethiopian government is visiting Bangladesh on a study tour and experience sharing programme on 'Rural Electrification and Renewable Energy Implementation Programme'. Infrastructure...

Major Asian markets rise after mixed day on Wall Street

2008-04-04 00:00:00

BANGKOK, Apr 3 (AP): Most major Asian markets rose Thursday after a mixed overnight session on Wall Street, with investors buying commodity, electronics and financial stocks.Benchmark indices on the region's two largest bourses in Tokyo and Hong Kong rose for...

ICAB delegation meets education secy

2008-04-04 00:00:00

FE ReportA delegation of the Institute of Chartered Accountants of Bangladesh (ICAB) led by its President Md Humayun Kabir made a courtesy call on the secretary of the ministry of education at his Secretariat office recently.The other members of the...

corporatewatch

2008-04-04 00:00:00

UCBL approves revaluation of fixed assetsThe board of directors of United Commercial Bank Limited (UCBL) has approved the revaluation of the bank's fixed assets conducted by M/s Padma Techno Consult & Survey Ltd. The new value of the assets has...

Muklesur EBL DMD

2008-04-04 00:00:00

FE ReportMuklesur Rahman has been appointed deputy managing director (DMD) of Eastern Bank Ltd recently. Prior to this assignment, he served as senior executive vice president and head of SME banking at the same bank. During his long and successful...

Kidney Foundation launches lottery

2008-04-04 00:00:00

There are about 20 million kidney patients in Bangladesh and 90 per cent of them die without proper treatment because of its high cost and lack of availability, specialists said Thursday, reports UNB.The physicians urged the well-to-do people to come...

Action against big tax evaders urged

2008-04-04 00:00:00

FE ReportNBR chief Muhammad Abdul Mazid said Wednesday the revenue watchdog has launched a countrywide programme to motivate the people for payment of tax.Taxpayers from different commercial establishments participated in the programme voluntarily.Mazid said: "If we could increase internal revenue...

NOAB concerned over arbitrary increase in price of newsprint

2008-04-04 00:00:00

Newspaper owners expressed deep concern over an "arbitrary" rise to the price of newsprint by local manufacturers, reports UNB. In a joint statement Thursday, Newspaper Owners Association of Bangladesh (NOAB) president Mahbubul Alam and acting president Bangladesh Sangbadpatra Parishad (BSP)...

StanChart, Daily Star will jointly launch nationwide cultural contest

2008-04-04 00:00:00

FE ReportStandard Chartered and the Daily Star will jointly launch a nationwide cultural contest-"Celebrating Life 2008"- to encourage and discover talents in film, photography and lyrics.Editor of the Daily Star Mahfuz Anam and Chief Executive Officer (CEO) of Standard Chartered...