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'Monitor-Malaysian Palm Oil Chef of the Year 2008' competition launched

FE Report | 2008-08-18 00:00:00

The Bangladesh Monitor has launched the fourth version of their Chef of the Year competition under the style "Monitor-Malaysian Palm Oil Chef of the Year 2008" in the city recently to popularise Bangladeshi cuisines at home and abroad.Malaysian Palm Oil...

India likely to allow duty free steel export under Adv Licence Scheme

2008-08-18 00:00:00

NEW DELHI, Aug 17 (PTI): In a respite to steel industry which is holding the price line for over three months now, the government may exempt value-added steel from the purview of export duty if products are made out of...

Arsenal opens season with 1-0 win over West Brom

2008-08-18 00:00:00

LONDON, Aug 17 (AP): Arsenal got its challenge for the Premier League off to a comfortable but unconvincing start Saturday with a 1-0 home win over newly promoted West Brom.Samir Nasri scored in the fourth minute of his Premier League...

Denmark eradicates unemployment in 15 yrs

2008-08-18 00:00:00

COPENHAGEN, Aug 17 (AFP): Denmark has almost eradicated unemployment in just 15 years, thanks to reforms and a system of flexicurity that mixes flexibility for employers with worker protection, but the good times could soon be coming to an end,...

Shine off Delhi's economy as gloomy data piles up

2008-08-18 00:00:00

NEW DELHI, Aug 17 (AFP): Until a few months ago, the most popular buzz phrase for India was "economic miracle", with the nation appearing impervious to the financial turmoil engulfing the developed world.But now the "India story" is losing traction,...

Crisis of confidence in the capital market

2008-08-18 00:00:00

The first step toward improvement is to recognise an weakness. If no weakness is seen and recognised, what is to be improved upon then? Triggered by severe confidence crisis among investors in our capital market stemming from our regulatory body's...

Higher reserve expected in five gas fields after 3D seismic survey

M Azizur Rahman | 2008-08-18 00:00:00

The energy ministry has decided to conduct extensive seismic surveys in five large state-owned operational gas fields expecting to find higher reserves of natural gas than the initial estimations, officials said.The fields - Titas, Bakhrabad, Habiganj, Rashidpura and Kailashtila -...

Capital looks deserted for three-day vacation

2008-08-18 00:00:00

The over-crowded capital wore a deserted look for three days as thousands of people had left for their village homes to observe the holy Shab-e-Barat Saturday as they got the chance of getting out of the daily rut for three...

Growth of China's real estate loan slows in first half

2008-08-18 00:00:00

BEIJING, Aug 17 (Xinhua): Chinese bankers held loans totaling 5.2 trillion yuan (about 580 billion US dollars) to real estate developers and housing buyers by the end of June, up 22.5 per cent year-on-year, the People's Bank of China (PBoC)...

Georgia crisis entrenches Europe and NATO splits

Paul Taylor | 2008-08-16 00:00:00

The Georgia crisis has sharpened divisions in Europe about how to deal with Russia and splits within NATO over the wisdom of granting membership to Russian neighbours Georgia and Ukraine.Splits within the European Union over who is to blame for...

Maoist chief elected Nepal's new PM

2008-08-16 00:00:00

KATHMANDU, Aug 15 (Reuters): Lawmakers elected a Maoist who led a decade-long insurgency against the Hindu monarchy as Nepal's new prime minister Friday, marking the Himalayan nation's radical change into a democratic republic.Pushpa Kamal Dahal, the chief of once-feared Maoist...

AKTEL offers tele-health service to customers

FE Report | 2008-08-16 00:00:00

AKTEL customers will now get tele-health service. It launched the service in association with Japan-Bangladesh Friendship Medical Services Limited (JBFMS) for all its customers.In this connection, an agreement was signed between AKTEL and JBFMS at AKTEL corporate office in the...

ICC fails to convince NZ on Pakistan

2008-08-16 00:00:00

New Zealand's squad has not softened its view on attending the Champions Trophy despite a detailed security briefing by an ICC task force in Christchurch Thursday. Safety remains a prime concern and Heath Mills, the executive manager of the New...

India warns Pakistan over terrorism 61 years after partition

2008-08-16 00:00:00

NEW DELHI, Aug 15 (AFP): Indian Prime Minister Manmohan Singh used his Independence Day speech Friday to warn Pakistan to rein in terrorism, as peace talks between the two countries falter 61 years after they were divided.The annual address marks...

Bicycle for export and local markets

2008-08-16 00:00:00

Slowly, Bangladesh is making more and more export earning items. Apart from readymade garments, it is earning foreign currency by exporting items like plastic goods and raw materials, handicrafts, leather products and more. Recently, it got a market for bicycle...

Brazil reaches semis in eves' soccer

2008-08-16 00:00:00

TIANJIN, Aug 15 : Brazil cruised to the semifinals in the Olympic women's soccer tournament after beating Norway 2-1 here Friday.Midfielder Daniela put Brazil ahead in the 44th minute with a power shot from outside the box.Marta doubled the advantage...

Bangladesh team arrive in Darwin

2008-08-16 00:00:00

Bangladesh national cricket team arrived in Darwin Friday at 3:30 pm local time (12:00 pm BST) for a three-match One Day International (ODI) series against world champions Australia, reports UNB.Expatriate Bangladeshi community welcomed the team at the Darwin International Airport.Bangladesh...

For sustained development of poultry and livestock

2008-08-16 00:00:00

THE culling of poultry birds in the farms from the last bird-flu threat caused the biggest sustained loss to an economic sector since the independence of the country. Farmers are reportedly not rearing layer chickens out of a fear of...

NBR teams on the hunt for bigwig tax evaders

Doulot Akter Mala | 2008-08-16 00:00:00

Special teams of the National Board of Revenue (NBR) have been working to identify city bigwigs who are evading taxes despite having large volume of taxable income, an NBR official said.The NBR has formed the teams comprising officials from different...

ICC chairman links successful Doha Round to rules-based trading system

2008-08-16 00:00:00

Victor K Fung, chairman of the International Chamber of Commerce (ICC), the World Business Organisation, expressed his disappointment over the failure of the WTO Mini-ministerial Meeting held in Geneva recently, said a press release Friday.In an open letter to the...

Milk without nutrition

2008-08-16 00:00:00

THE recent findings of the Consumer's Association of Bangladesh (CAB) were shocking, to say the least. A thorough testing, by CAB, showed that 16 out of 18 branded powdered and pasteurised milk were of substandard quality. They included nearly all...

news digest

Roadside bomb kills Shiite | 2008-08-16 00:00:00

pilgrim in BaghdadBAGHDAD, Aug 15: At least one Shiite pilgrim was killed in Baghdad on Friday and 10 more were wounded when a roadside bomb exploded as their bus was heading for a festival in the holy city of Karbala,...

Phelps scoops sixth gold

2008-08-16 00:00:00

BEIJING (Reuters): Michael Phelps scorched to his sixth gold and his sixth world record at the Beijing Olympics Friday in a great day for the United States in the pool and in women's gymnastics.The 23-year-old now has 12 career Olympic...

China, Singapore to battle for TT gold

2008-08-16 00:00:00

BEIJING, Aug 15 : China will take on a supercharged Singapore for a gold medal in the Olympic women's team table tennis tournament after the two Asian powerhouses won their semifinal matches here Friday.Chinese women, whose triumph seemed to have...

Drop in commodity prices poses risks to Latin America

Hilary Burke | 2008-08-16 00:00:00

The Latin American economic boom of the past five years could take a hit if prices keep falling for the commodities they produce -- from soybeans to oil and metals.Argentina and Venezuela would suffer most from a sustained slump in...

Brazil's plans to control oil could cause delays

Fernando Exman and | 2008-08-16 00:00:00

Natuza NeryThe Brazilian government's plan to take greater control over huge new oil discoveries will face obstacles in Congress and could delay its ambitions to become a global oil player, experts said Thursday.President Luiz Inacio Lula da Silva wants to...

Investors losing direction

FE Report | 2008-08-16 00:00:00

The Dhaka Stock Exchange (DSE) maintained the bearish trend for the ninth straight week that ended Thursday.The market failed to regain its steam as the unabated decline in the share price index over the last couple of months forced the...

Holy Shab-e-Barat tonight

2008-08-16 00:00:00

The holy Shab-e-Barat, the night of fortune, will be observed across the country with religious fervour tonight (Saturday night) seeking divine blessings for the well-being of mankind, reports UNB.The observance of Shab-e-Barat has special significance for Muslims, who believe that...

Lailatul Bara

FE Report | 2008-08-16 00:00:00

Khanqueh-e-Shaheed (Ra) Mia Saheb Maidan Khanqueh Sharif, situated at Luxmi Bazar, in the old city of Dhaka, will hold religious discussion, Fateha khwani, zikir, milad and doa mahfil marking the holy Lailatul Bara

Call rate closes low

Sarwar Zahan | 2008-08-16 00:00:00

The inter-bank call money rate closed low last week due to injection of fresh cash into the market, that helped improve the liquidity, fund managers said.The market experienced a strong pressure on liquidity in the beginning and opened the week...