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Kurigram PDB has over Tk 90m arrear

Our Correspondent | 2008-08-09 00:00:00

KURIRGAM, Aug 08: Kurigram Power Development Board (PDB) has an outstanding amount of over Tk 90 million as arrear bill from various consumers.Of the amount, arrear bills worth Tk 7.8 million were owed by various government offices under Education Ministry,...

Quddus reelected chairman of Rupali Insurance Co Ltd

FE Report | 2008-08-09 00:00:00

Mostafa Golam Quddus has recently been unanimously reelected Chairman of Rupali Insurance Company Limited, said a press release.The election was held at the company's 124th meeting of the board of directors held in the city on August 7.A former police...

Islamic group threatens Olympic transport

2008-08-09 00:00:00

URUMQI, (China), August 8 (Agencies): Police shut down the bustling bazaar in the capital of China's restive Muslim region of Xinjiang Friday amid threats from an Islamic group that attackers might target buses, trains and planes during the Olympics.A sign...

US weighs stepped-up military forays into Pakistan

2008-08-09 00:00:00

WASHINGTON, Aug 08 (AP): Top Bush administration officials are urging the president to direct U.S. troops in Afghanistan to be more aggressive in pursuing militants into Pakistan on foot as part of a proposed radical shift in its regional counterterrorism...

SMEs' potential for job creation

Anwarul Iqbal | 2008-08-09 00:00:00

SMALL and medium enterprises (SMEs) are especially suited for Bangladesh for its vast workforce. A large portion of this workforce is unemployed or underemployed. Big industries, which are geared to achieve the economy of scale, involve high establishment and operating...

Dhaka Wanderers force Muktijoddha to 1-1 draw

2008-08-09 00:00:00

Lowly Dhaka Wanderers Club forced Muktijoddha Sangsad KC to play a 1-1 goal draw in an opening Group A match of the Citycell Federation Cup Football at the Bangabandhu National Stadium in the city Friday, reports UNB.In the day's match,...

Cutting dependence on foreign countries emphasised

2008-08-09 00:00:00

Speakers at a workshop in Gaibandha stressed the need for reducing the dependence on other countries and financial institutions like World Bank (WB) and the Asian Development Bank (ADB).They called for increasing the internal income by exploring resources to develop...

Brunei Darussalam excluded from Olympic Games

2008-08-09 00:00:00

BEIJING, Aug 8 (Xinhua): The International Olympic Committee (IOC) has decided to exclude Brunei Darussalam from the Beijing Olympic Games because no athlete was registered for competition, according to an IOC statement made here Friday."It is a great shame and...

New EU sanctions against Iran over nuclear programme

2008-08-09 00:00:00

BRUSSELS, AUG 8 (AP): The European Union tightened trade sanctions against Iran on Friday to punish Tehran for not committing to a long-standing demand of the international community that it freeze its nuclear enrichment program.The new EU restrictions go slightly...

Drive for Iran sanctions seen long, hard

Louis Charbonneau | 2008-08-09 00:00:00

The United States and its Western allies are pushing for a fourth round of UN sanctions against Iran but negotiations will drag on for months as Russia and China work hard to delay and water down any new measures.US and...

Iraqi athletes applauded at opening ceremony

2008-08-09 00:00:00

BEIJING, Aug. 8 (Xinhua): Spectators in the National Stadium, or the Bird's Nest, in north Beijing warmly applauded the entry of the Iraqi delegation at the opening ceremony of the Beijing Olympic Games on Friday night. The Iraqi delegation, a...

Olympics truce can 'help promote human peace'

2008-08-09 00:00:00

BEIJING, Aug 8 (Xinhua): Everyone in the world should follow the practice of the "Olympics Truce" to help build a more peaceful and harmonious world, said Hugh T Dugan, chairman of the Truce Foundation of the United States, who is...

Bangladesh is not small, many big countries would pale into insignificance before it

Enayet Rasul | 2008-08-09 00:00:00

The unfortunate typical instinct of many Bangladeshis these days is to despise the surroundings from which they draw their sustenance. There are over 180 countries in the world and conditions in many of them are far worse than Bangladesh such...

Fostering a tax-compliant culture

2008-08-09 00:00:00

The government is about to take some new initiatives in the current fiscal year to increase the collection of taxes. A similar drive in the last fiscal led to significant results. Many businesses and professional persons who should have been...

Traffic congestion

2008-08-09 00:00:00

DHAKA'S traffic jam has long been a nagging problem. The congestion is now totally unbearable. Far from any redress, the problem has been aggravating over the time. The situation, as the experiences in past years do suggest, will worsen during...

Fighting rages in Georgian separatist capital

2008-08-09 00:00:00

MEGVREKISI, (Georgia), August 8 (Reuters): Fighting raged in and around the capital of Georgia's breakaway South Ossetia region on Friday as Georgian troops, backed by tanks and warplanes, pounded separatist forces in a bid to re-take the territory.A Reuters correspondent...

Hu Jintao voices good wishes for Taiwan Olympians

2008-08-09 00:00:00

BEIJING, Aug 8 (Xinhua): Hu Jintao, general secretary of the Central Committee of the Communist Party of China (CPC), expressed good wishes for Taiwan athletes Friday, saying that he hoped they would have good results at the Olympic Games.Hu also...

Athletics provides most flag bearers

2008-08-09 00:00:00

BEIJING, Aug 8 (Xinhua): Athletics will provide the most flag bearers at the opening ceremony of the 2008 Beijing Olympic Games Friday night.Sixty-one flag bearers will be recruited from Athletics, the highest number of any sport.Three delegations will not have...

Ctg Customs turns partially automated

Jasim Uddin Haroon | 2008-08-09 00:00:00

The Chittagong Customs House (CCH) launched Friday partial automation for processing export and import documents.Automation project sources said initially the system will process the Import General Manifest (IGM) and Export General Manifest (EGM) documents that deal with export and import....

Chelsea make Robinho bid

2008-08-09 00:00:00

LONDON, Aug 8 (AFP): Top English Premiership club Chelsea confirmed Thursday night they had made a bid for Real Madrid's Brazilian striker Robinho.The Stamford Bridge club, who have already signed Jose Bosingwa and Deco, had made no secret of their...

news digest

Hundreds of Tibet protesters | 2008-08-09 00:00:00

arrested in NepalKATHMANDU, Aug 8: Nepalese police said they had arrested at least 500 Tibetans protesting near the Chinese embassy today, hours ahead of the opening ceremony of the Beijing Olympics. "We want to give the millions of people who...

Social safety net covers only 10pc of hardcore poor

Doulot Akter Mala | 2008-08-09 00:00:00

Only 2.0 million out of 20 million ultra poor could be brought under the government's social safety net programme (SSNP) due to delayed disbursement of fund, lack of planning and weak surveillance and monitoring, a study report said."

Challenges for Basel II implementation in Bangladesh

Mamun Rashid | 2008-08-09 00:00:00

The Basel II: An Introduction: In 1988 the "Basle Committee on Banking Regulations and Supervisory Practices' first released a capital adequacy framework, now known as Basel I. This initiative set out the internationally accepted framework for measuring capital adequacy and...

Movement of trucks during daytime to cease in Ctg from tomorrow

Our Correspondent | 2008-08-09 00:00:00

CHITTAGONG, Aug 08: Movement of trucks during daytime will cease in the port city with effect from Sunday next.This was resolved in a coordination meeting of the Traffic Department of Chittagong Metropolitan Police (CMP) with the leaders of Bangladesh Garments...

HK eyes TT medal

2008-08-09 00:00:00

BEIJING, Aug 8 (Xinhua): Hong Kong plans to win a table tennis (TT) medal at the Beijing Olympic Games to repeat its Athens glory in 2004, a coach said.Li Huifen, head coach of Hong Kong's women's team, said that "one...

The triple threat: Our food, water and climate challenges

Billy I Ahmed | 2008-08-09 00:00:00

FOOD prices rose 4.0 per cent in the United States in 2007, the highest rise since 1990. All over the world, food prices are on the rise and Bangladesh is no exception.There are many reasons contributing to this current crisis,...

Rampura reach PFL final

2008-08-09 00:00:00

Rampura KC moved to the final of the Pioneer Football League with a solitary goal victory over Swadhinata Krira Sangha in the first semifinal at the Bir Shrestho Sepoy Mohammad Mostafa Kamal Stadium in the city Friday, reports UNB.With this...

BERC issues licences to 50 captive power generators

S M Jahangir | 2008-08-09 00:00:00

The Bangladesh Energy Regulatory Commission (BERC) has given over 50 licences to the operators of captive and stand-by power generators while process of issuing about 125 more licences are also underway, official sources said.The regulatory authority is, at the same...

Oil sinks on stronger dollar, slips below $116

2008-08-09 00:00:00

NEW YORK, AUG 8 (AP): Oil prices resumed their descent Friday, droppingbriefly below $116 a barrel as a huge jump in the U.S. dollar and expectations of slowing global demand offset supply concerns over a sabotaged pipeline in Turkey.Light, sweet...

Strides science making recently

Syed Fattahul Alim | 2008-08-09 00:00:00

Many new technological innovations have been made during the last few decades. But though those inventions are of recent origin, they have already become essential elements of our day to day life. Now think of a day without the Internet,...