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Eid shopping gaining momentum in Ctg

2008-09-20 00:00:00

Our Correspondent CHITTAGONG, Sept 19: While the holy Eid-ul-Fitr is drawing nearer, Eid shopping is getting momentum in different markets and shopping centres of the port city. As on previous occasions, sellers are trying to earn a bit more and...

Banglabandha land port remains elusive

2008-09-20 00:00:00

PANCHAGARH, Sept 19 (UNB): A full-fledged land port at Banglabandha, on the country's northern tip at Tentulia, remained elusive in absence of a Bangladesh-India-Nepal tripartite trade agreement.The government invested in millions for building infrastructures at the land port. Warehouse, truck...

Nearly 10,000 people trafficked into northeast of India

2008-09-20 00:00:00

FE Report Not less than 10,000 people, mostly children, are trafficked into the Northeast of India with a good number smuggled in from Bangladesh, Nepal and other South East Asian countries, according to an Indian newspaper report. Most of those...

BKMEA leaders meet CMP commissioner

2008-09-20 00:00:00

Our CorrespondentCHITTAGONG, Sept 19: Leaders of the Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) paid a courtesy call on Chittagong Metropolitan Police (CMP) Commissioner Md Moniruzzaman at the latter's office in the city Thursday.Local BKMEA Chairman Shaukat Osman led the...

BCB Academy suffer 65-run defeat to SL Academy

2008-09-20 00:00:00

A five-wicket haul by KRNU Perera guided Sri Lanka Academy team to earn a 65-run win over touring GP-BCB National Cricket Academy team in the 2nd four-day match at Premadasa Stadium in Colombo Friday, reports UNB.Resuming the 2nd innings Friday...

India offers 'active' support to Bangladesh

2008-09-20 00:00:00

The BCCI (Board of Control for Cricket in India) says it will play an "active role" in helping Bangladesh cricket recover from the exodus of 13 top players who signed up for the unauthorised ICL, reports Cricinfo. Lalit Modi, BCCI...

Dhaka Abahani taste win beating Farashganj

2008-09-20 00:00:00

Dhaka Abahani Limited earned a hard-fought 1-0 goal against Farashganj KC in the only match of the Citycell 2nd B League at the Narsingdi Stadium Friday, reports UNB.This was the first victory for the celebrated "sky-blue' Dhanmondi outfit after conceding...

Sri Lanka lifts domestic ban on ICL players

2008-09-20 00:00:00

Sri Lanka Cricket (SLC) has broken ranks with the official cricketing establishment by deciding to allow five cricketers and an umpire who last year signed up for the unauthorised ICL to play domestic cricket. The significant decision was taken by...

Bangladesh crush Malaysia

2008-09-20 00:00:00

Bangladesh crushed Malaysia by 75-08 points in a match of the 3rd Asian Women's Kabaddi Championship held in Madurai in Tamilnadu State of India Friday, reports UNB.In another match, Bangladesh lost to Japan by 24-22 points at the same venue.

Ponting needs to show patience in India: Chappell

2008-09-20 00:00:00

Ricky Ponting needs to show more patience and caution at the start of his innings if he is to reverse his terrible batting record in India, according to former Australian captain Ian Chappell, reports Cricinfo. "Ponting's desire to dictate gets...

Dementieva,Jankovic out of Pan Pacific Open

2008-09-20 00:00:00

TOKYO, Sept 19 (AFP): Former world number one Jelena Jankovic and Beijing Olympic gold medallist Elena Dementieva both suffered upset losses in the quarter-finals at the Pan Pacific Open tennis tournament Friday.Serbian top seed Jankovic, who was hoping to regain...

Gas a bigger problem than political unrest for investment, businessmen say

2008-09-20 00:00:00

Business and industrial entrepreneurs are still shaky about their investment decisions inspite of improvement in domestic political environment, reports UNB.They, however, were following a "wait and see" strategy waiting to see how the political situation turned eventually, although signs were...

EBL relocates Rajshahi branch

2008-09-20 00:00:00

FE ReportEastern Bank Ltd (EBL) Rajshahi branch has been relocated to Dainik Barta Complex at Natore Road of the town with a view to provide better service to their customers. EBL Managing Director and CEO Ali Reza Iftekhar inaugurated the...

Prices of meat up, onion, chilli cheaper

2008-09-20 00:00:00

FE Report Prices of meat including beef, mutton and chicken, milk and salt maintained an upward trend while onion and green chilli became cheaper over the past one week in the city's retail markets, traders said Friday.Besides, prices of other...

Call rate posts sharp rise

2008-09-20 00:00:00

Sarwar ZahanThe inter-bank call money rate posted sharp rise last week due to higher demand for cash arisen out of internal adjustments, fund managers said.The market also continued experiencing strong demand for cash with momentum in business activities ahead of...

ICB AMCL announces two unit funds’ NAV

2008-09-20 00:00:00

FE ReportICB Asset Management Company Ltd (ICB AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), has announced Net Asset Value (NAV) of its two unit funds and sale and re-purchase prices of the unit certificates. The total NAV of...

weekly currency roundup

2008-09-20 00:00:00

September 14-September 18, 2008Commercial Bank of CeylonUS Dollar value was stable against Bangladesh Taka (BDT) last week due to lack of demand, increased supply and selling of USD to the interbank to get high yielding local taka. Inward remittance from...

China-Bangladesh economic relationships

2008-09-19 00:00:00

China for all practical purposes is an economic superpower today and Bangladesh should consider itself fortunate to have such a powerful economic giant so close to its borders. It is also noted that the People's Republic of China has been...

Potentials of Sino-Bangladesh cooperation

2008-09-19 00:00:00

Syed Fattahul AlimForeign Investment is nowadays universally recognised as the assured path of industrialisation and growth in the developing and the Least Developed Countries (LDCs). And it is exactly along this tested path of development that modern-day China has been...

E-governance for efficiency and corruption reduction

2008-09-19 00:00:00

Amirul IslamComputerisation can help overcome the existing ossified and corrupt system of work at the courts and the land administration. Anyone, who had to step inside a court house in Bangladesh, would agree how outdated and archaic is the system...

No patriotism, just surrendering to money

2008-09-19 00:00:00

THE developments concerning six leading Bangladeshi cricketers who had expressed their intention to play in the breakaway Indian Cricket League ICL) and sought retirement from international and domestic cricket on behalf of the country, are frustrating. There were also hints...

Law and order

2008-09-19 00:00:00

THE law and order situation has, once again, become a matter of serious concern. Almost everyday there are news in the media about either killing of traders or looting of money from traders in broad day light in the city....

Journey into conflict: Why Tata is caught in land dispute

2008-09-19 00:00:00

Joe Leahy YOU know immediately when you have reached Khejuri. The roads in the communist part of Nandigram, a remote rural area in India's West Bengal state, are lined with crude bamboo flagpoles bearing the communist hammer and sickle. At...

Combating the menace of fake drug

2008-09-19 00:00:00

DR. Mohammad HossainJUST a couple of days ago, a leading newspaper carried reports on marketing of counterfeit drugs in the country. The Directorate of Drug Administration (DDA) has passed a simple comment that they do not have adequate manpower to...

Sea battle off Lankan coast

2008-09-19 00:00:00

Sri Lanka's navy says it has fought a sea battle with Tamil rebels, a day after what the military described as the heaviest day of fighting in weeks, BBC reports. It says that seven Tamil Tiger small boats and three...

Israel set for first female leader in 34 years

2008-09-19 00:00:00

JERUSALEM, Sep 18 (AP): Israel's foreign minister declared victory Thursday in a tight race to replace Prime Minister Ehud Olmert as the head of the governing party, getting a chance to be the country's first female leader in 34 years.Tzipi...

US should apologise more quickly for deaths : Gates

2008-09-19 00:00:00

LONDON, Sep 18 (AP): When facing allegations of US airstrikes killing or injuring civilians in Afghanistan, it is better to apologise first and investigate later, Defence Secretary Robert Gates says.Gates was in London Thursday for a NATO meeting that was...

US didn’t warn of 'missile strike'

2008-09-19 00:00:00

ISLAMABAD, Sep 18 (AP): Pakistan said Thursday it was not warned about a suspected US missile strike in its northwest that came the same day a top American official assured Pakistani leaders of US respect for the Muslim nation's sovereignty.The...

Top Democratic fundraiser backs McCain over Obama

2008-09-19 00:00:00

WASHINGTON, Sept 18 (AFP):-A former supporter and generous donor to Hillary Clinton announced Wednesday she had endorsed Republican John McCain for president, saying she did so because the Democratic nominee Barack Obama was too elitist. Even before jumping ship for...

news digest

2008-09-19 00:00:00

12 more arrested in Chinatainted milk scandalSHIJIAZHUANG, Sep 18: More than a 1,000 parents anxious over tainted milk powder Thursday rushed their infants to hospitals for health checks as the government announced that a fourth baby had died in the...