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Proposed RTI ordinance proves to be an empty show

Enayet Rasul | 2008-08-21 00:00:00

The Right to Information Act has been eagerly awaited in Bangladesh by all those who understand and appreciate its significance for good governance of the country. The prevailing Official Secrets Act in Bangladesh is like an impenetrable shield that denies...

Govt launches OMS of rice

FE Report | 2008-08-21 00:00:00

The government Wednesday launched the rationing of rice at Tk 28 per kg under Open Market Sale (OMS) across the country aiming to prevent any further hike in prices of the foodstuff before and during the holy month of Ramadan.The...

Lithuania crush China

2008-08-21 00:00:00

BEIJING, Aug 20: Lithuania shattered China's hope to make history on home soil by winning 94-68 in a quarter-final match of the men's basketball competitions at the Beijing Olympics Wednesday.Lithuania will meet Spain, which beat Croatia 72-59 in previous match,...

Easing hardships during Ramadan

2008-08-21 00:00:00

Government is seen as taking a host of measures in view of the observance of the holy month of Ramadan which is only less than two weeks away. The month of austerity involving fasting and other denials mean compulsory embracing...

Faisal Morshed Khan jailed for 10 years in graft case

2008-08-21 00:00:00

A special court dealing with high-profile corruption cases Wednesday sentenced Faisal Morshed Khan, son of ex foreign minister M Morshed Khan, to 10 years in jail on two counts of charges, reports UNB.Judge AKM Arifur Rahman also fined Faisal Tk...

Dollar higher against euro, yen in Asia

2008-08-21 00:00:00

TOKYO, Aug 20 (AFP): The dollar turned higher against the euro and the yen in Asian trade today after a brief selloff sparked by fresh worries about the health of the US economy, dealers said.Market watchers said that whether the...

Rice signs missile defence deal with Poland

2008-08-21 00:00:00

WARSAW, (Poland), Aug 20 (Agencies): Secretary of State Condoleezza Rice plans Wednesday signed a deal to build a US missile defense base on Polish soil, an agreement that has already prompted an infuriated Russia to threaten its former Soviet satellite.The...

CID submits CS against 21 militants

Our Correspondent | 2008-08-21 00:00:00

JESSORE, Aug 20: The CID (criminal investigation department) had submitted the charge sheet (CS) to a Jessore court accusing 21 suspected militants in the serial bomb blast case of August 17.Officer in-charge of CID in Jessore Sirajul Islam submitted the...

Tropical storm Fay stays on Florida's coast

2008-08-21 00:00:00

JACKSONVILLE, (Florida), Aug 20 (Agencies): Tropical storm Fay continued its erratic path Wednesday, moving north along the Florida coast but not going out over the Atlantic Ocean, where many had feared it could strengthen and curve back toward the state...

Maddhapara hard rock mine succeeds in luring buyers

M Azizur Rahman | 2008-08-21 00:00:00

The country's lone hard rock mine at Maddhapara in northern Dinajpur has finally succeeded in luring potential buyers following intervention by the energy ministry as its sales rose significantly in recent times, officials said.Sale of hard rocks from the Maddhapara...

Bangladesh beat AIS in practice match

2008-08-21 00:00:00

Touring Bangladesh national cricket team earned a three-wicket victory over Australian Institute of Sports (AIS) in their second practice match Wednesday at the Garden Oval in Darwin, reports UNB.With the day's feat, Bangladesh took revenge of their 14-run defeat against...

Millions strike in India over inflation, 'anti-worker' policies

2008-08-21 00:00:00

KOLKATA, Aug 20 (AFP): Millions of Indian airport, rail and bank workers went on strike today to protest against soaring inflation and the government's "anti-worker" policies, officials and reports said.The nationwide action called by communist-backed trade unions was also to...

NYT paints gloomy picture of US economy

From Fazle Rashid | 2008-08-21 00:00:00

NEW YORK, Aug 20: Writing under the heading 'No end in sight', the New York Times in its lead editorial yesterday painted a rather gloomy picture about the US economy surrounding which the global economy moved. A year into the...

Killer storm Fay barrels toward Florida

2008-08-20 00:00:00

MIAMI, Aug 19 (AFP): Tropical Storm Fay gathered strength as it barreled toward Florida early Tuesday, after claiming dozens of lives in the Caribbean over the weekend.The Miami-based National Hurricane Center (NHC) said the lethal storm, packing sustained winds of...

Singapore PM declares more aid for people to face inflation

2008-08-20 00:00:00

SINGAPORE, Aug 19 (AFP): Singapore's prime minister yesterday announced a 50-per cent increase in assistance to help his countrymen deal with the rising cost of living, which he described as the country's "hottest issue."Latest official figures showed the city-state's inflation...

Tea cultivation is gaining popularity in N-region

Our Correspondent | 2008-08-20 00:00:00

RANGPUR, Aug 19: Tea cultivation is gaining popularity in the northern border belt of Lalmonirhat district as the Tea Board has already achieved tremendousness success in test cultivation of tea plant at different areas in the district, sources said.Late freedom...

China reaps 2nd trampoline gold

2008-08-20 00:00:00

BEIJING, Aug. 19 : China's Lu Chunlong stormed to the host nation's second Olympic trampoline gold medal Tuesday at the Beijing Olympic Games.Lu took the gold in 41 points, followed by Burnett Jason from Canada, in 40.70. Lu's teammate Dong...

WB suggests limits on disputed WTO farm safeguard

2008-08-20 00:00:00

WASHINGTON, Aug 19 (AFP): World Bank chief Robert Zoellick suggested Monday limits for a proposed agricultural safeguard that torpedoed World Trade Organisation (WTO) trade talks last month, saying the world's poor need a successful Doha round."Given the high food prices...

June's inflation crosses double-digit mark

FE Report | 2008-08-20 00:00:00

The country's Consumers Price Index (CPI) inflation crossed the double digit level to 10.04 per cent on the point-to-point basis in June last from 7.44 per cent of the previous month, officials said.The rate of inflation went up by 2.60...

Nepal to implement carbon trade agreement after 2012

2008-08-20 00:00:00

KATHMANDU, Aug. 19 (Xinhua): The Ministry of Forest and Soil Conservation (MoFSC) of Nepal has said that the implementation of the agreement on carbon-trading would begin after 2012, local newspaper The Himalayan Times reported today.Jagadish Baral, chief of the international...

Mir Telecom launches service tomorrow

FE Report | 2008-08-20 00:00:00

Mir Telecom is launching international telephone call termination operation tomorrow (Thursday).This is one of new licence holders of International Gate Way (IGW).Bangladesh Telecommunication Regulatory Commission (BTRC) on Tuesday said the private companies that are required to begin operation within six...

AL seeks date for fresh round of talks

2008-08-20 00:00:00

Awami League (AL) has written a letter to Chief Adviser Fakhruddin Ahmed seeking a date and time for another round of dialogue with the interim government on issues relating to timing of parliamentary and upazila polls, reports bdnews24.com.AL office secretary...

China, Canada lead way into diving finals

2008-08-20 00:00:00

BEIJING, Aug 19 (AFP): Chinese world number one He Chong kept his gold medal chances on track Tuesday, taking a comfortable lead into the final of the men's 3m springboard.World champion and team-mate Qin Kai was third in the semi-finals...

Suicide bombers attack US base in Afghanistan

2008-08-20 00:00:00

KABUL, (Afghanistan), Aug 19 (Agencies): Suicide bombers tried unsuccessfully to storm a U.S. military base near Afghanistan-Pakistan border in a daring attack on a major American installation, officials said Tuesday. Six insurgents detonated their vests after being surrounded.The attack came...

corporatewatch

Dividends | 2008-08-20 00:00:00

Keya Cosmetics: The board of directors of Keya Cosmetics has recommended 30 per cent cash dividend for the year 2007-2008. The annual general meeting (AGM) of the company will be held on the factory premises of Keya Spinning Mills Limited,...

Asian markets fall to 2-yr low

2008-08-20 00:00:00

TOKYO, Aug 19 (RTTNews): The stock markets across the Asia-Pacific region fell to a two-year low Tuesday, as fears that the US government will have to bail out the top mortgage finance companies weighed on financial stocks.Another report that Lehman...

Talks in peril as Philippine troops hunt Muslim rebels

2008-08-20 00:00:00

ILIGAN, (Philippines), Aug 19 (AFP): Troops Tuesday stepped up a manhunt for Muslim separatist rebels after a murderous rampage in the southern Philippines left 38 people dead and threw peace negotiations into chaos.Hundreds of Moro Islamic Liberation Front (MILF) rebels...

Rice OMS starts today

FE Report | 2008-08-20 00:00:00

The countrywide open market sale (OMS) of rice at Tk 28 per kilogramme (kg) begins today (Wednesday) aiming to prevent any further hike in prices of the food stuff before and during the holy month of Ramadan.As per an earlier...

German, Dutch men through to hockey semi-finals

2008-08-20 00:00:00

BEIJING, Aug 19 (AFP): World Cup champions Germany and strong contenders the Netherlands cruised into the Olympic men's field hockey semi-finals with convincing wins today.The Germans fought off New Zealand 3-1 to end the preliminary league with three wins and...

Security tight around HC bench delivering judgment on jail killings case

2008-08-20 00:00:00

A security parapet Tuesday put up vigil in front of a High Court (HC) Division Bench that continued delivering judgment on jail appeals along with death references in the gruesome 1975 jail killings case, reports UNB.The HC bench comprising Justice...