QINGDAO, Aug 20 : Tom Ashley of New Zealand snatched the gold medal of RS:X Men at the Olympic Sailing Regatta here Wednesday.Tom Ashley, also the reigning World Champion, sailed a near flawless medal race. It is the first Olympic...
Former Prime Minister and Awami League chief Sheikh Hasina, currently abroad on parole for treatment, was Wednesday indicted along with five others in the long-pending graft case involving the purchase of Mig-29 warplanes from Russia, reports UNB.Dhaka divisional special judge...
vDAMBULLA, Aug 20 (AFP): Mahendra Singh Dhoni capped Zaheer Khan's devastating spell with a crucial 39 as India posted a tense three-wicket win over Sri Lanka in the second one-day international here Wednesday.Left-arm seamer Zaheer ran through the top order...
The government is striving hard to mobilise resources for the development of the country.Chairman of the National Board of Revenue (NBR) Muhammad Abdul Mazid said this while speaking at a seminar in the city Tuesday, said a press release.The Institute...
XIAMEN, Aug 20 (Xinhua): China's present investment in fixed asset is growing steadily, but the actual growth has slowed down sharply allowing for price rises, according to a report on forecast and analysis of China's macro economy jointly issued by...
FE Report | 2008-08-21 00:00:00
Mr Anowar Hossain has lost his directorship on the board of the Al-Arafah Islami Bank Limited for his failure to repay a loan to the Islami Bank Bangladesh Limited.Mr Hossain was the chairman of the bank."We have declared the post...
BEIJING, Aug 20 (AFP): Argentina, euphoric after their 3-0 humiliation of arch- rivals Brazil, believe they will go on and defend their Olympic football crown against Nigeria in the final here Saturday.The Argentines, with Lionel Messi proving a handful and...
PARIS/STOCKHOLM, Aug 20 (Reuters): Ericsson and STMicroelectronics have agreed to join their wireless chip and software businesses to create a joint venture that will supply four of the world's top five cell phone makers.The new company, announced on Wednesday, will...
I want to thank Mr. Shamsul Huq Zahid for his news analysis published in the FE recently for shedding light on the present scenario of real estate developers in our country. I, just one of many, am suffering since sometime...
Jasim Uddin Haroon | 2008-08-21 00:00:00
Edible oil price shot up by Tk 2.50 per kilogram in the wholesale market on Wednesday just a day after the refiners ruled out chances for a further spike due to the recent 'significant' fall in the international market.The prices...
FE Report | 2008-08-21 00:00:00
Foreign investment in the country's export processing zones increased last month as leading shoe manufacturers have started to relocate their factories amid European Union's decision to scrap special facilities offered to Vietnam, officials said on Tuesday.They said Bangladesh Export Processing...
Biplob Ram of Bangladesh reached the boys singles quarterfinal of the Prime Bank ITF 14/U Asian Tennis Championship beating his Indian rival Deka Sidhant by 6-2, 3-6, 6-3 on the second day of the six-day meet, Wednesday at the Ramna...
FE Report | 2008-08-21 00:00:00
The IPO lottery programme of First Security Bank Ltd will be conducted on August 25 at 11.30 am at Bangladesh-China Friendship Conference Centre in the city, said a news posted on Chittagong Stock Exchange (CSE) website Wednesday.First Security Bank raised...
FE Report | 2008-08-21 00:00:00
The Securities and Exchange Commission (SEC) Wednesday began a series of meetings with different stakeholders to devise mechanisms to arrest the continued decline in stock prices.The move came as the prime bourse Dhaka Stock Exchange (DSE) witnessed around 636 points...
Those who are laughing at the ouster of Parvez Musharraf with joy both in and outside Pakistan must be living in fool's paradise. The episode is not yet over. There are other mighty dictators in the "metamorphism" of democracy in...
Truth and Accountability Commission (TAC) chairman Justice Habibur Rahman Khan Wednesday admitted that the response so far was not up to the expectation and said an extension of timeframe for confession by the corrupt would be considered, reports UNB.The deadline...
BEIJING, Aug 20 : The Japanese softballers edged Australians 4-3 after a prolonged seesaw battle that lasted for three and a half hours Wednesday evening.Watched by Jacques Rogge, president of the International Olympic Committee (IOC), and IOC honorary president Juan...
The government is eager to release Khaleda Zia for the sake of 'a meaningful election,' adviser Hossain Zillur Rahman said Wednesday, reports bdnews24.com.When asked by reporters why the government was so keen to release her, the adviser said: 'We want...
Awami League (AL) expects to hold talks with the caretaker government (CG) and the Election Commission (EC) in the first week of September, a party leader said Wednesday, reports bdnews24.com.AL sent two separate letters to the chief adviser (CA) and...
BEIJING, Aug 20 (Reuters): Jamaica's Usain "Lightning" Bolt roared to gold in the 200 meters Wednesday to become the first man since Carl Lewis in 1984 to win an Olympic sprint double.Bolt, whose father says owes his speed and power...
TOKYO, Aug 20 (AFP): Toyota Motor Corp. said today that it was considering raising its prices in response to soaring steel costs, following a report that it will announce hikes in Japan for next month.According to the Nikkei business daily,...
SYDNEY, Aug 20 (BSS/AFP) - Australia's economic growth in coming months will be almost half the long-term average, according to a survey released today.The monthly Westpac-Melbourne Institute leading index, which indicates the likely pace of economic activity three to nine...
BEIJING, Aug 20 : China's Wu Jingyu claimed title in the women's 49kg category taekwondo event Wednesday, beating Thai Buttree Puedpong 1- (-1).With the deafening cheerings from home fans, Wu launched aggressive attacks as soon as the final began and...
ISLAMABAD, Aug 20 (Reuters): Deadlock between Pakistan's coalition partners over the restoration of deposed judges has raised questions about the survival of the government that forced President Pervez Musharraf's resignation.Musharraf, the former army chief and key ally of the United...
TOKYO, Aug 20 (RTTNews): The stock markets across the Asia-Pacific region closed mostly higher Wednesday, rebounding from early lows as the Chinese stock market surged on expectation that the government would introduce a stimulus package soon to boost the slowing...
Our Correspondent | 2008-08-21 00:00:00
CHITTAGONG, Aug 20: Additional Commissioner of Bond Commissionerate office of Chittagong Hossain Ahmad gave the assurance that he would take steps to resolve different problems persisting in the member organisations of Bangladesh Corrugated Carton and Accessories Manufacturers Exporters Association (BCCAMEA)...
Fazle Rashid from New YorkTHE banks in trouble both in the US and Europe are making last minute ditch to salvage whatever they could in a strong bid to stay aloaft. The latest trend is to split the banking units...
LHASA, Aug 20 (Xinhua): Lhasa, the capital of west China's Tibet Autonomous Region, received 455.5 million US dollars of overseas investment in the first seven months of 2008, up 33 per cent year-on-year.The majority of the investment, or 95.3 per...
Apex Tannery recommends 17pc cash dividendThe board of directors of Apex Tannery Limited has recommended 17 per cent cash dividend for the year 2007-2008. The annual general meeting (AGM) of the company will be held at the National Shooting Complex,...
MEXICO CITY, Aug. 20 (Xinhua): More than 100 specialists from Latin America and the Caribbean discussed technological innovations in the region's sugar industry, as part of the four-day Sugar Industry Congress which began in Guatemala City yesterday.The economic panorama of...
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