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My first political visit will be to India: Prachanda

2008-08-29 00:00:00

KATHMANDU, Aug 28 (PTI): Amid criticism of his visit to China first instead of India after assuming office, Nepal's new Premier Prachanda Wednesday said his maiden "political" trip will be to New Delhi and that it will take place "very...

School Rugby St Gregory

2008-08-29 00:00:00

St Gregory

German inflation eases in August

2008-08-29 00:00:00

FRANKFURT, Aug 28 (AFP): Germany's latest inflation figures suggest that the worst of the recent sharp increase in prices might be over for both the country and the Eurozone, analysts said yesterday.In August, the German consumer price index was up...

JBFMSL launches new health service

FE Report | 2008-08-29 00:00:00

Japan-Bangladesh Friendship Medical Services Ltd (JBFMSL) Thursday launched its 'Tele-VDO Health Service' aiming to create opportunity for the masses, particularly farmers, deep into the countryside to get modern treatment facilities.Agricultural Adviser of the caretaker government C S Karim as chief...

Democrats nominate Obama officially

2008-08-29 00:00:00

DENVER, Aug 28 (Agencies): To shouts of "Yes we can," Democrats nominated Barack Obama Wednesday as their presidential candidate in a historic first for a black American, backed by his ex-rivals Bill and Hillary Clinton.Meanwhile, Republican John McCain has settled...

AL, others reject Jail Killing verdict

2008-08-29 00:00:00

The Awami League (AL) and some other political parties, and a family of a slain national leader killed inside jail in 1975 have rejected the High Court (HC) verdict in the Jail Killing Case, report bdnews24.com/UNB.The HC Thursday acquitted four...

Body formed to overcome eco balance in Ctg

Our Correspondent | 2008-08-29 00:00:00

CHITTAGONG, Aug 28: An expert committee formed by the government with members drawn up from different disciplines recently submitted its report recommending a number of steps to overcome the ecological balance in the port city.The report mainly dealt with issues...

Div II Football Little Friends Club beat Prantik KC

2008-08-29 00:00:00

Little Friends Club came from behind to beat Prantik KC by 2-1 goals in the only match of the Metropolis 2nd Division Football League at the Bir Shresthho Shaheed Sepoy Mohammad Mostafa Kamal Stadium at Kamalapur in the city Thursday,...

US, Pak military chiefs discuss strategies to combat militancy

From Fazle Rashid | 2008-08-29 00:00:00

NEW YORK, Aug 28: Admiral Mike Mullen, joint chiefs of staff of America convened a joint meeting with high level Pakistani military commanders aboard air craft carrier Abraham Lincoln in the Indian ocean last Tuesday. They discussed strategies as how...

Japan to extend Afghan mission despite slaying

2008-08-29 00:00:00

TOKYO, Aug 28 (AFP): Japan said Thursday it planned to extend a controversial mission backing the US-led "war on terror" in Afghanistan, a day after Taliban extremists killed a Japanese aid worker in the war-torn country.Chief Cabinet Secretary Nobutaka Machimura...

Pak exhibitors get encouraging response at Textile exhibition in Shanghai

2008-08-29 00:00:00

BEIJING, Aug 28 (APP): Pakistan exhibitors who are participating in the annual exhibition of textile products in Shanghai started Tuesday, said they were getting good response from intending buyers.As many as 15 key entrepreneurs doing business in textile and related...

Toyota cuts 2009 global sales forecast

2008-08-29 00:00:00

TOKYO, Aug 28 (AFP): Toyota Motor Corp. today slashed its 2009 global sales target due to slowing demand, pushing back its goal of becoming the world's first automaker to sell more than 10 million vehicles in a year.Toyota, vying with...

Russia wins backing from China, Central Asia over Georgia

2008-08-29 00:00:00

MOSCOW, Aug 28 (AFP): Russia won support Thursday from China and Central Asian states in its standoff with the West over the Georgia conflict as the European Union said it was weighing sanctions against Moscow.Russia's President Dmitry Medvedev said he...

Thai protesters settle down to stay at PM's office

2008-08-29 00:00:00

BANGKOK, AUG 28 (AP): Anti-government protesters hunkered down at the Thai prime minister's office compound Thursday evening, preparing to extend their occupation for a third night with no end to the standoff in sight.As dusk approached, the crowd of several...

NEC sends back second proposed PRSP

2008-08-29 00:00:00

The National Economic Council (NEC) Thursday sent back the draft of the second PRSP for 2008-2011 term for further revision of some issues, mainly concerning the present situation of gas supply and oil price, reports UNB.Chief Adviser Fakhruddin Ahmad, who...

India's Reliance chief says anti-Nano protests may hurt business

2008-08-29 00:00:00

MUMBAI, Aug 28 (AFP): India's most powerful businessman Mukesh Ambani yesterday condemned protests against a plant building the world's cheapest car, saying they hurt the country's ability to attract needed investment.Ambani, chairman of giant Reliance Industries Ltd, extended support to...

Oil prices rise slightly in Asian trade

2008-08-29 00:00:00

SINGAPORE, Aug 28 (AFP): World oil prices gained slightly in Asia today despite a tropical storm's threat to oil installations in the Gulf of Mexico and bullish inventory data, analysts said.New York's main contract, light sweet crude for delivery in...

BB offers $60m OD facility to two SCBs

FE Report | 2008-08-28 00:00:00

The central bank provided US$60 million overdraft (OD) facilities to two state-owned commercial banks (SCBs) in the last couple of days to help them settle of fuel oil and fertiliser import bills, officials said."We've provided the SCBs such facilities against...

Bangladesh Export Import Co declares 15pc stock dividend

FE Report | 2008-08-28 00:00:00

Bangladesh Export Import Co Ltd declared a 15-per cent stock dividend (bonus share) for the year 2007 in its 35th annual general meeting (AGM) held at Shahbag in the city Tuesday.The company earned a gross profit and net profit of...

4-party alliance forms human chains defying police, rains

2008-08-28 00:00:00

The four-party alliance formed human chains at various places in the capital Wednesday afternoon, defying a police ban and heavy rains, to press for BNP chairperson Khaleda Zia's unconditional release and steps to send her detained elder son Tarique Rahman...

ASEAN faces economic slowdown but no risk of stagflation

2008-08-28 00:00:00

aSINGAPORE, Aug 27 (AFP): Association of Southeast Asian Nations (ASEAN) faces an economic slowdown this year due to a weakening global economy but there is no risk of stagflation, Singapore's trade minister said yesterday.Trade Minister Lim Hng Kiang, who chaired...

Lack of corporate governance code in banks, NBFIs irks BB Governor

2008-08-28 00:00:00

Bangladesh Bank Governor Salehuddin Ahmed Wednesday expressed frustration that the commercial banks and non-bank financial institutions (NBFIs) had no written code for corporate governance, reports UNB.He was also worried in this connection as the banks and NBFIs would have to...

Oil prices higher on Hurricane Gustav

2008-08-28 00:00:00

SINGAPORE, Aug 27 (AFP): World oil prices rose in Asian trade today, underpinned by concerns Hurricane Gustav may head for the Gulf of Mexico where key US energy installations are located, dealers said.Prices were also supported by the possibility of...

Ericsson showcases 3G/HSPA technology to universities

FE Report | 2008-08-28 00:00:00

Teachers and students of different universities thronged into the "Alokito Bangladesh", a 3G/HSPA pilot project initiated by Ericsson Bangladesh Limited in order to showcase how to improve productivity and quality of life in the country with the use of high-speed...

Hillary Clinton tells Democrats to unite behind Obama

2008-08-28 00:00:00

DENVER, Aug 27 (Agencies): Hillary Rodham Clinton closed the book on her 2008 presidential bid with an emphatic plea for the party to unite behind Barack Obama.Now the Democratic convention spotlight turns to her husband, as former President Bill Clinton...

Call rate eases, dollar stable

FE Report | 2008-08-28 00:00:00

The inter-bank call money rate eased Wednesday despite injection of fresh cash in paltry amount into the market. The US dollar maintained its stable level against Bangladesh taka (BDT) in the inter-bank foreign exchange market due to moderate demand for...

Freight forwarders won't be allowed to operate without licences from Sept

Syed Ishtiaque Reza | 2008-08-28 00:00:00

Multinational and joint-venture freight forwarders operating in Bangladesh for years face complicated procedures to obtain licences by August 31.The Chittagong Customs House issued public notice this week that no freight forwarder would be allowed to operate without licence from September...

'Food security' can play vital role to develop new agro technologies

FE Report | 2008-08-28 00:00:00

Food Security is a priority goal for the Government of Bangladesh and researches in different branches of agriculture that can play an important role in developing new agricultural technologies leading to increased production of crops, livestock, fisheries and forest resources.Scientist...

Fresh SEC move to amend direct listing regulations

Kayes M Sohel | 2008-08-28 00:00:00

The Securities and Exchange Commission (SEC) has taken a fresh initiative to amend the direct listing regulations following a setback in Titas Gas stocks sale and wild price fluctuation of Jamuna Oil share on the their debut trading.The commission is...

Extremist leader dies in gunbattle with police

2008-08-28 00:00:00

RAJSHAHI, Aug 27 (BSS): A front-ranking leader of the outlawed Purba Bangler Communist Party (ML Lal Potaka) was killed in a gunbattle between his accomplices and the police in Goalkandi area under Bagmara Upazila of the district in the early...