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Many homebound people fail to procure tickets

2008-09-29 00:00:00

Even after waiting in queues for hours at transport ticket counters in the capital, thousands of people have failed to procure tickets for a home-bound journey to celebrate Eid-ul-Fitr with their near and dear ones, reports UNB.Seeing no hope of...

World trade little hit so far by financial crisis

2008-09-29 00:00:00

GENEVA, Sep 28, (Reuters): Trade flows are likely to slow this year as consumers worried about the financial crisis cut back spending and a cyclical downturn bites into exports and imports, economists said. But the crisis itself has so far...

High profit motive of traders and consumers

2008-09-28 00:00:00

The prices of most commodities, including food items, in the international market were rising uncontrollably until recently. The rise in commodity prices was so fast and steep that importing countries, mainly developing ones, found it difficult to cope with it,...

Garment industries should be protected from vandalism

2008-09-28 00:00:00

Shahiduzzaman KhanTHE garment sector, largely hit by relentless labour unrest in recent times, is getting into more trouble these days as garment workers are going on rampage demanding festival bonus, pay hike and arrear salaries. In fact, rising prices of...

For industrial growth

2008-09-28 00:00:00

Mozzamel HaqueThe government adopted, three years ago, a new industrial policy to boost industry's contribution to GDP by 7.0 per cent, to 35 per cent, by fiscal 2005-6. Attainment of the target proved impossible given the current rate of investment...

Energy deals need to be transparent

2008-09-28 00:00:00

Ahmed AliEVERY year the country loses about Taka 21 billion (2100 crore) from the gas and power sector due to unequal deals with foreign companies, a seminar in Dhaka was told. The loss occurs as Bangladesh is required to buy...

For an effective TAC

2008-09-28 00:00:00

THE Truth and Accountability Commission (TAC), set up by the incumbent interim government for a limited period of time, is yet to prove its effectiveness as a body to recover the ill-gotten money.It is surprising that despite the hue and...

Solar power potentials

2008-09-28 00:00:00

Solar power has become a non-traditional source of electricity of much potential in rural Bangladesh. It suits rural Bangladesh because it does not involve expenditure on wires, poles and other equipment. Users need to spend only once to buy the...

Fighting corruption on its own turf

2008-09-28 00:00:00

Syed Fattahul AlimTHE Berlin-based Transparency International (TI) has released this year's score-sheet on corruption for different countries in the world. The Corruption Perception Index (CPI), on the face of it, shows that Bangladesh has improved its position among the most...

What political system would suit Bangladesh?

2008-09-28 00:00:00

Md Momtazur Rahman MiltonThe people of Bangladesh accepted the reality of 1/11 as the Bangladesh Nationalist Party (BNP) and the Awami League (AL) were set in a collision course. Civil war was possibly lurking. The second caretaker government came in...

Will Begum Zia and Sheikh Hasina prove skeptics wrong?

2008-09-28 00:00:00

Mohammad Ali SattarIt is a good news that the two main leaders of the country, Khaleda Zia and Sheikh Hasina have not stated anything so far against having a political dialogue between them. The caretaker government is in favour of...

On being creative and independent

2008-09-28 00:00:00

FE SpecialPARENTS and guardians, these days, often prefer to see their kids stand first in the exam. They sometimes are less concerned about their kids practicing moderation, being creative and independent minded. They must realise that if their kids become...

TV addiction affects study time

2008-09-28 00:00:00

Sifat SiddiqueNONE can really claim now-a-days that he or she doesn’t watch TV. Whether it’s sports, cartoons or news, television has become an essential part of our daily life. And since this goes for everyone, students have also adopted their...

Asian Youth Fellowship 2009

2008-09-28 00:00:00

Asian Youth Fellowship (AYF) Programme aims to nurture human networking among ASEAN countries, Bangladesh and Japan. The AYF preparatory course before entering Japanese Graduate School as Japanese Government (Monbukagakusho) scholarship student is offered by The Japan Foundation. AYF program is...

Quotable quotes

2008-09-28 00:00:00

Ignorance never settle a question. -Benjamin DisraeliAll that is gold does not glitter; not all those that wander are lost.-J.R.R. Tolkein-The highest stage in moral ure at which we can arrive is when we recognize that we ought to control...

17 killed by bomb in Damascus

2008-09-28 00:00:00

DAMASCUS, Sept 27 (AFP): A car bomb exploded near a Shiite shrine in southern Damascus Saturday killing 17 people and wounding 14 others in one of the deadliest attacks in a dozen years, state media said. The car packed with...

McCain, Obama battle on economy, war in first debate

2008-09-28 00:00:00

OXFORD, (Mississipp), Sept 27 (AFP): John McCain and Barack Obama battled in the shadow of the US finance crisis late Friday in a first presidential debate crackling with sharp disputes over the economy, Iraq and terrorism. Democrat Obama, 47, vying...

news digest

2008-09-28 00:00:00

Iranians mock Holocaust on annual Jerusalem Day TEHRAN, Sept 27: Iranians chanted "Death to Israel" Friday as Islamist students unveiled a book mocking the Holocaust in an Al-Quds (Jerusalem) Day annual parade to show solidarity with the Palestinians. And in...

China tries to reassure public over milk scare

2008-09-28 00:00:00

BEIJING, Sept 27 (AFP): China Saturday scrambled to reassure the public over a toxic milk scandal, announcing that nearly 50 Chinese brands which had been tested contained no melamine. The government said it had tested 47 brands of milk and...

China can best help world by growing fast: Wen

2008-09-28 00:00:00

TIANJIN, Sept 27 (Reuters): Premier Wen Jiabao expressed confidence Saturday that China could maintain fast growth and said this was the greatest contribution it could make to help the world weather the current financial crisis.Markets are uneasy that the economy...

US growth down on softer spending

2008-09-28 00:00:00

WASHINGTON, Sept 27 (Reuters): The US economy grew less strongly than previously thought during the second quarter as consumers boosted spending less vigorously and businesses trimmed some investments, a sign confidence was sagging even before financial market turmoil deepened.The commerce...

UK seeks India role in G20 in handling economic crisis

2008-09-28 00:00:00

NEW YORK, Sept 27 (PTI): In a bid to rope in countries such as India to join hands in tackling the financial meltdown in the US, British Premier Gordon Brown has said it cannot be left to the elite Group...

Japan's core inflation up sharply in August

2008-09-28 00:00:00

TOKYO, Sept 27 (Internet): Japan's core inflation rose sharply in August, climbing for the 11th straight month on higher prices for fuel and food, the government said Friday.The core consumer price index, which excludes fresh food prices but includes those...

WB collects $6.1b in pledges for climate funds

2008-09-28 00:00:00

WASHINGTON, Sept 27 (Internet): The World Bank said Friday that 10 nations had pledged more than 6.1 billion dollars to its new investment funds aimed at helping developing countries fight global warming.The Climate Investment Funds, launched on July 1, are...

Bush seeks to suspend Bolivia trade benefits

2008-09-28 00:00:00

WASHINGTON, Sept 27 (Internet): US President George W Bush wants to suspend Bolivia's trade preferences under a US-Andean trade pact rewarding countries that help battle illegal drugs, the White House said Friday.Bush's press office released an official memorandum to the...

Oil prices swing lower

2008-09-28 00:00:00

LONDON, Sept 27 (AFP): Oil prices fell Friday, reversing the previous day's gains after hopes were dashed that the US Congress was about to pass a massive financial bailout package, dealers said. New York's main contract, light sweet crude for...

Muhury aquaculture project uncertain over border dispute

2008-09-28 00:00:00

Our CorrespondentCHITTAGONG, Sept 27: The implementation of billions of taka worth fisheries cultivation plan of the Muhury Project has become uncertain over the complications arisen from border-demarcation issue.The project on five thousand acres of land situated at the middle of...

HSBC to cut 1,100 jobs worldwide

2008-09-28 00:00:00

HONG KONG, Sept 27 (AFP): Banking giant HSBC is to cut 1,100 jobs worldwide because of the volatile global financial environment, a spokesman said today. The cuts will be made in the global banking and market division, with around half...

Price talks won't hurt iron ore exports to China: Brazil's Vale

2008-09-28 00:00:00

RIO DE JANEIRO, Sept 27 (AFP): Brazilian mining and metals giant Vale said yesterday its price talks with China will not affect iron ore exports to that nation, after the company unexpectedly decided to renegotiate its contracts with Asian clients....

China tries to reassure public over milk scare

2008-09-28 00:00:00

BEIJING, Sept 27 (AFP): China today scrambled to reassure the public after a toxic milk scandal, announcing that nearly 50 Chinese brands which had been tested contained no melamine. The government said it had tested 47 brands of milk and...