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Dhaka Bank holds mid-year business review meeting

2008-08-10 00:00:00

Dhaka Bank Limited held its mid year business review meeting at Hotel Sarina in the city recently, said a press release.Performance of the bank up to June 2008 had been reviewed and budget and planning to achieve the target for...

Dozens dead in fierce fighting in Sri Lanka

2008-08-10 00:00:00

COLOMBO, Aug 9 (AFP): Some 48 Tamil Tiger rebels and seven soldiers were killed in ground battles across Sri Lanka's war- ravaged northern district, the defence ministry said Saturday.Troops fought fierce battles Thursday and Friday, with the worst fighting reported...

Dollar jumps against euro

2008-08-10 00:00:00

NEW YORK, Aug 9 (AFP): The dollar notched up a five- month high against the euro yesterday as eurozone growth fears mounted after Italy reported a contraction in its second quarter economic growth.The dollar's latest gains occurred after it had...

Scores dead as Russian troops raid Georgian town

2008-08-10 00:00:00

TBILISI, AUG 9 (AP): Russia sent hundreds of tanks and troops into the separatist province of South Ossetia and bombed Georgian towns Saturday in a major escalation of the conflict that has left scores of civilians dead and wounded.Georgia, a...

Mozilla invites people to design Web's future

2008-08-10 00:00:00

Mozilla is inviting people to take part in a new conceptual series that aims to envision the future design of Web technologies, including browser and user-interface innovations.As part of the series, Mozilla Labs has teamed up with Adaptive Path to...

Hazaribagh one of 30 most polluted places on earth

Doulot Akter Mala | 2008-08-10 00:00:00

World's well-known environmental magazine 'Ecologist' has termed Hazaribagh in Dhaka as one of 30 most polluted places on the planet.The widely read weekly UK magazine in its article titled 'Hell for Leather', published in June this year, criticised the efforts...

Kiwis claim opening win

2008-08-10 00:00:00

BEIJING, Aug 9 (Xinhua): New Zealand overcame some early scare and strong comeback midway to sail through Mali 76-72 in the Group B opener of the Beijing Olympic women's basketball event Saturday.Mali captain Hamchetou Maiga had a chance to drag...

Knitwear workers to get 15pc wage hike

FE Report | 2008-08-10 00:00:00

Knitwear manufacturers have announced an at least 15 per cent hike in the salaries for nearly a million of their factory workers to help them cope with rising prices of food and essential commodities.The Bangladesh Knitwear Manufacturers and Exporters Association...

JCD-Shibir clash leaves 6 injured at Ctg Polytech

2008-08-10 00:00:00

CHITTAGONG, Aug 9 (UNB): The Jatiyotabadi Chhatra Dol (JCD) and Islami Chhatra Shibir clashed at Chittagong Polytechnic Institute leaving six people injured Saturday.Police said the clash occurred as Shibir activists tore down the published result sheet of first year admission...

Pietersen relishes responsibility

2008-08-10 00:00:00

Kevin Pietersen insisted the England captaincy would not alter his attacking style as he celebrated his first innings as skipper with a fine hundred, reports BBC.Pietersen's 100 helped England to 316 at The Oval with South Africa resuming 85 runs...

Salman reelected Tea Association chairman

Our Correspondent | 2008-08-10 00:00:00

CHITTAGONG, Aug 09: Mirza Salman Ispahani has been reelected chairman of Bangladesh Tea Association (Bangladeshiya Cha Sangshad), an organisation of tea garden owners association, for 2008-10 term.New executive committee of the trade body was formed in an election held at...

Ridding khaas land of grabbers

2008-08-10 00:00:00

There is scarcity of land in Bangladesh. Every bit of land in it needs optimum utilisation. Only recently, the government has taken some steps to devise a land use policy. But how far it is being implemented in earnest is...

BB continues to offer OD facilities to SCBs

FE Report | 2008-08-10 00:00:00

The central bank continues to offer overdraft (OD) facilities to the commercial banks, particularly the state-owned commercial banks (SCBs), for settlement of oil import bills.The Bangladesh Bank (BB) provided OD facilities for $25 million Thursday to help one SCB clear...

Appearing at A level exams

Sifat Siddique | 2008-08-10 00:00:00

Well it's nothing, just carrying a few tonnes of stones on your shoulder! And so was appearing at my Advanced Level examination!Let me give you a grab of the daily routine a science student practices on wishing to sit for...

Olympic sailing regatta opens

2008-08-10 00:00:00

QINGDAO, Aug. 9 (Xinhua): The 2008 Beijing Olympic sailing tournament opened here Saturday.The opening featured the first race of Finn and Yngling classes, which started at 13:24 and 13:34 respectively, both 24 minutes later than the scheduled time.A total of...

No separate law for Islamic insurance companies

S M Jahangir | 2008-08-10 00:00:00

The government has dropped its plan to make a separate law for the country's Islamic insurers. Instead, it has included a set of provisions in the proposed new insurance ordinance to regulate the Shariah-based insurance business, sources said."Some specific provisions...

Corrupt will start coming up this week: TAC Chief hopes

2008-08-10 00:00:00

Though the Truth and Accountability Commission (TAC) passed a barren week after its birth, without dealing with a single case of clemency, its chairman Justice Habibur Rahman Khan hoped the corrupt would start coming to the newly formed commission from...

Cambodia plants 600 trees to welcome Olympic Games

2008-08-10 00:00:00

PHNOM PENH, Aug 9 (Xinhua): The Banteay Meanchey provincial authority Friday planted 600 trees in its capital town to welcome the opening of the 29th Olympic Games in Beijing, China, Khmer-language newspaper the Kampuchea Thmey said Saturday."Eight o'clock in the...

Militants kill eight police in Pakistan

2008-08-10 00:00:00

PESHAWAR, Pakistan, Aug 9 (AFP): Pakistani Taliban militants shot dead eight police in a northwestern Pakistani town close to restive Swat valley, officials said Saturday."A group of ten armed militants attacked a police checkpost in Bunir and shot dead eight...

NGO leaders meet CA, discuss problems with proposed MRA Regulation

2008-08-10 00:00:00

A delegation of non-government organisation (NGO) leaders called on Chief Adviser Fakhruddin Ahmed at his office in the city Saturday to discuss some problems with a new law in the making for streamlining micro-credit operations in the country, reports UNB.The...

Holmes leads from Rose in USPGA

2008-08-10 00:00:00

American JB Holmes will take a one-shot lead into the third round of the 90th USPGA Championship after another brutal day at Oakland Hills, BBC reports.Holmes shot 68 to edge to one under with England's Justin Rose (67), American Ben...

Brown eyes another title target

2008-08-10 00:00:00

GLASGOW, Aug 9(AFP): Celtic's Scott Brown would not mind repeating last season's nerve-jangling finale as long as he gets his hands on the Scottish Premier League title again.The midfielder helped his side clinch the league in the final game of...

World Indigenous People's Day observed

2008-08-10 00:00:00

The International Day of the World's Indigenous People was observed Saturday in the country as elsewhere around the globe with a fresh vow to safeguard the rights of ethnic minorities, reports UNB.United Nations (UN) Secretary General Ban Ki-moon delivered a...

Pak parliament sits Monday to start Musharraf impeachment

2008-08-10 00:00:00

ISLAMABAD (AFP): Pakistan's national assembly or lower house of parliament will meet next week to formally set into motion the process to impeach President Pervez Musharraf, officials said on Saturday.Ruling coalition leaders Asif Ali Zardari -- the widower of slain...

HP's Mini Notebook delivers style and substance

FE Report | 2008-08-10 00:00:00

HP, ranked top in the country's PC market for both notebooks and desktops category segments in terms of unit shipments has introduced HP 2133 Mini-Note PC as its first product in the mini-notebook PC category in the country. The HP...

Italian contraction sets Eurozone alarm bells ringing

2008-08-10 00:00:00

MILAN, Aug 9 (AFP): The Italian economy contracted in the second quarter, official data showed yesterday, adding to a deepening sense of gloom about the Eurozone economy amid a flurry of bad news for the 15-nation bloc.Italy is the first...

Germany down Nigeria

2008-08-10 00:00:00

SHENYANG, Aug. 9 (Xinhua) : Germany snatched three points from African champions Nigeria in an Olympic women's football match here Saturday.German defender Kerstin Garefrekes opened the scoring in the 65th minute, when she speedily put into the Nigerian net a...

Indian govt mulls fuel price hike

2008-08-10 00:00:00

NEW DELHI, AUG 9 (AP): A top Indian government panel has recommended raising domestic fuel prices over the next 15 to 18 months to bring them more in line with international oil prices, a government official who has seen the...

WB announces $520m scheme to combat fatal diseases in India

2008-08-10 00:00:00

UNITED NATIONS, Aug 9 (PTI): In a bid to help combat Malaria and other fatal diseases in India, World Bank has announced a USD520 million scheme, the largest such project by the world body in any country.Over 100 million people...

BoI directed to redesign its strategic plan to attract investment

2008-08-10 00:00:00

Chief Adviser Dr Fakhruddin Ahmed directed Saturday the Board of Investment (BoI) to redesign its strategic plan incorporating new ideas, practical suggestions and forward-looking proposals to enhance investment, reports UNB.He also asked the Board for placing the restructured strategic plan...