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Honest candidates for next election!

2008-08-27 00:00:00

Those, now in the government, and others often urge the voters to vote for the right candidates, free from any fear. I think, there would be hardly anyone who does not want this. They should not be scared to cast...

Meeting on anti-money laundering held

FE Report | 2008-08-27 00:00:00

The Association of Bankers Bangladesh Limited (ABBL) organised a discussion meeting on Anti- Money Laundering with the Team of Asia Pacific Group (APG) recently in the city.The meeting was chaired by K. Mahmood Sattar, chairman of ABBL, and conducted by...

India's Infosys to buy British firm Axon for $753.1m

2008-08-27 00:00:00

BANGALORE, India, Aug 26 (AFP): Leading Indian outsourcing company Infosys plans to buy British consultancy Axon Group for 753.1 million dollars as it moves to expand its business advisory footprint, a statement said yesterday.The all-cash takeover deal is expected to...

UN chief, foreign leaders congratulate China on successful Olympics

2008-08-27 00:00:00

BEIJING, Aug. 26 (Xinhua): UN Secretary-General Ban Ki-moon and other foreign leaders have congratulated the Chinese government and people on the successful hosting of the 2008 Beijing Olympics.A statement released by Secretary-General Ban's press office Monday said: "The secretary-general congratulates...

Production suspended at KHBM

Our Correspondent | 2008-08-27 00:00:00

KHULNA, Aug 26: The production of Khulna Hard Board Mill (KHBM) remained suspended for last six days due to mechanical fault and crisis of raw materials. As a result it is facing financial losses worth Tk 0.35 million a day.Concerned...

Drought stricken Iran buys US wheat for first time in 27 years

2008-08-27 00:00:00

NEW YORK, Aug 26 (AFP): Wracked by drought, Iran has turned to the United States for wheat for the first time in 27 years, marking a setback for Tehran's search for agricultural self-sufficiency.According to a recent US Department of Agriculture...

Record revenue realised in B'baria

2008-08-27 00:00:00

BRAHMANBARIA, Aug 26: The Tax Commission (Ashuganj and Brahmanbaria circle) of the district realised a record amount of revenue of more than Tk 232.00 million (Tk 23.20 crore) in the fiscal 2007-2008 against the target of Tk 192.00 million. The...

Change in attitude, mindset linked to CSR success

2008-08-27 00:00:00

Change of attitude and mind set could add value to the success of corporations in the area of corporate governance and corporate social responsibility (CSR).Speakers at a seminar organised by the Department of BBA, Institute of Science and Technology (IST)...

Tarique's condition improves: Doctor

2008-08-27 00:00:00

Condition of Tarique Rahman, who Monday suffered head injuries from a fall in bathroom in custody, has improved, doctors at Bangabandhu Sheikh Mujib Medical University (BSMMU) said, report UNB and bdnews24.com."He is better but under complete observation. We can't say...

Rain forces match into reserve day

2008-08-27 00:00:00

COLOMBO, Aug 26 (Cricinfo): It started off slowly around 12:45pm local, and refused to go away. From a few drops to a relentless patter, a seasonal Colombo drizzle forced the fourth one-day international between Sri Lanka and India at the...

'15m people of country's coastal area will be landless' in a few yrs

DU Correspondent | 2008-08-27 00:00:00

Climate analysts Tuesday predicted that some 15 million people of the country's coastal area would be landless within next few years due to the effect of climate change throughout the world.They said around thirty thousand square kilometres of land of...

Jamuna Bank holds AGM

FE Report | 2008-08-27 00:00:00

Jamuna Bank Ltd held its 7th annual general meeting (AGM) in presence of a large number of shareholders at BDR Darber Hall at Peelkhana in the city Monday. The AGM approved stock dividend at the rate of one bonus share...

North Korea to suspend nuclear disablement

2008-08-27 00:00:00

SEOUL, Aug 26 (Reuters): North Korea said Tuesday it will stop disabling its nuclear facilities and consider restoring the Yongbyon reactor that can make material for atomic bombs, accusing the United States of violating a disarmament deal."We have decided to...

Jute mill workers to stage sit-in for wages, arrears

2008-08-27 00:00:00

An organisation of jute mill workers has called upon employees of the state-owned jute mills to unite in demands for payment of arrears and allowances as well as resumption of production at the mills, reports bdnews24.com.The Jute Yarn Textile Mill...

Meeting the first condition of poverty alleviation

Syed Fattahul Alim | 2008-08-27 00:00:00

The country took its first donor-driven poverty reduction strategy in 2003. Though implementation of the poverty reduction targets in line with the design of the strategy paper remained a far cry, the interim government, which inherited the Poverty Reduction Strategy...

Cross-exam in Hasina extortion case deferred again

2008-08-27 00:00:00

A Dhaka court Tuesday deferred again the plaintiff's cross-examination in a Tk 30 million extortion case against former premier Sheikh Hasina, reports bdnews24.com.Considering the time petition submitted by the prosecution lawyers, Md Ashraf Hossain of the Special Judge's Court- 5,...

Food supply exceeds demand in Latin America: FAO

2008-08-27 00:00:00

SANTIAGO, Aug. 26 (Xinhua): The United Nations Food and Agriculture Organization (FAO) said yesterday that harvests in Latin America and the Caribbean surpassed consumption demand by 40 per cent.The regional FAO office said yesterday in a report published in the...

Saving Buriganga from grabbers

2008-08-27 00:00:00

THE famous Buriganga river is no more it used to be. It once contributed so much to the environment of Dhaka city and its aesthetic appeals. A pathetic remnant of its former glory, it has become nothing better than a...

NZ posts higher than expected July trade deficit

2008-08-27 00:00:00

WELLINGTON, Aug 26 (AFP): New Zealand posted a higher than expected trade deficit in July as rising world oil prices boosted imports, official figures showed today.The monthly trade deficit stood at 781 million dollars (550 million US) in July, well...

Oil prices steady in Asia

2008-08-27 00:00:00

SINGAPORE, Aug 26 (AFP): World oil prices held steady in Asia today in a market torn between fears of falling demand and worries that OPEC might cut production, analysts said.In afternoon trade New York's main contract, light sweet crude for...

12 banks raise interest rates on deposits, 10 cut rates on lending

FE Report | 2008-08-27 00:00:00

Interest rates were raised on deposits and reduced on lending by commercial banks in the current month aiming to narrow the spread.At least 12 commercial banks raised the interest rates on deposits in August to encourage people to keep their...

China gold-medal winners get $50,000

2008-08-27 00:00:00

BEIJING, Aug 26 (AFP): China's Olympic gold medallists will get cash rewards of 350,000 yuan (51,000 dollars), nearly twice the amount given for the Athens 2004 Games, state media reported today.The figure was given by Xiao Shan, deputy head of...

Chamber leaders see coal as only option to resolve power crisis

2008-08-27 00:00:00

Business leaders of different chamber bodies of northern districts at a discussion in the city urged the government Monday to move to develop the Phulbari coal mine without any further delay, reports UNB.They saw the huge coal reserve at the...

news digest

Hurricane Gustav bears | 2008-08-27 00:00:00

down on HaitiMIAMI, Aug 26: Tropical Storm Gustav reached hurricane strength as it swirled through the central Caribbean and bore down on Haiti Tuesday, the US National Hurricane Centre said.A hurricane hunter aircraft reported the storm's top sustained winds were...

China's steel industry faces fund shortage

2008-08-27 00:00:00

BEIJING, Aug. 26 (Xinhua): China's steel industry is facing fund shortage due to growing price of raw materials and investment in iron ore projects, according to analysts.The soaring cost of iron ore and coke enhanced steel Enterprises' demand for fund....

4-party alliance to form human chain today

2008-08-27 00:00:00

The BNP-led 4-party alliance will form human chain today (Wednesday) across the country to press for the release of party's detained chairperson Khaleda Zia and her son Tarique Rahman, reports UNB.BNP leader Mohiuddin Khan Mohon said the human chain would...

Take effective steps to protect local species of fish: President

2008-08-27 00:00:00

President Iajuddin Ahmed called for initiating effective measures to protect the traditional local species of fish in the public interest, as it is the country's major source of protein.The President made the call while speaking at a function on the...

corporatewatch

Bonus share credited | 2008-08-27 00:00:00

The authorities of Summit Power Limited have stated that the bonus shares (20 per cent) of the company for the year that ended on December 31, '07 have been credited to the respective shareholders' BO A/Cs on August 25 '08...

Egypt invites Chinese investment

2008-08-27 00:00:00

CAIRO, Aug. 26 (Xinhua): Egypt's North Sinai Governor Mohamed Shousha said here yesterday that he welcomes investments from China, particularly in the domains of high technology, tourism, mining and water resources.In an interview with Xinhua, Shousha said there is a...

Registration must for contesting general polls: CEC

2008-08-27 00:00:00

The political parties will have to register by the October 15 deadline if they wish to contest the December parliamentary election, Chief Election Commissioner (CEC) ATM Shamsul Huda said Tuesday, report bdnews24.com/UNB.He asserted that registration of the political parties is...