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Bangladeshis among 100 Asians on verge of starvation in Riyadh

FE Report | 2008-08-07 00:00:00

More than 100 Asian workers of a catering and maintenance company have been left stranded in Riyadh for several months while they await repatriation to their home countries, Arab News reported Wednesday.The workers, who are mainly from Bangladesh, India, Sri...

DCC, Upazila polls after Ramadan

2008-08-07 00:00:00

The Election Commission now plans to hold election to both Dhaka City Corporation and Upazila Parishads after Ramadan and within October, as the test run with polls went well Monday.Speaking about their plan at the EC secretariat, Election Commissioner M...

Bangladesh contingent leave for Beijing

2008-08-07 00:00:00

Bangladesh contingent left Dhaka for China yesterday (Wednesday) to take part in the Beijing 2008 Olympic Games to be held August 8-24 with a view to gathering experience ahead of the upcoming South Asian Games in Dhaka, reports UNB.Of the...

Fed keeps rates on hold as economy sputters

2008-08-07 00:00:00

WASHINGTON, Aug 6 (AFP): The Federal Reserve, in a widely predicted move, kept its main interest rate unchanged at 2.0 per cent yesterday citing concerns about sputtering economic growth and inflationary pressures.The Dow Jones Industrial Average rocketed 331 points to...

Olympic Torch cheered through Beijing amid Tibet protest

2008-08-07 00:00:00

BEIJING, August 6 (AFP): The Olympic flame was cheered through Beijing by flag-waving crowds Wednesday as excitement built two days before the Games, but a dramatic Tibet protest and pollution worries clouded the final run-up.Tens of thousands of Beijing residents...

Zikr mahfil at Khankaye Toazia today

FE Report | 2008-08-07 00:00:00

The Anzuman-E-Toazia has organised the monthly Zikr mahfil after Magrib prayers today (Thursday) at Khankaye Toazia, Pir Toazuddin Garden, 27 Siddheshwari Road in the city.Gaddinsin Pir of Dariapur Sharif, Hazrat Moulana Shah Sufi Alhaj Abul Hasan Muhammad Abdul Quaiyyum, will...

Emirates unveils London's newest landmark

2008-08-07 00:00:00

Emirates Airline unveiled a new landmark for London recently, a giant model of an Airbus A380 at the gateway to Heathrow Airport, said a press release.The 45-tonne world record contender was unveiled at the Emirates Roundabout by the airline's President...

Govt plans to adopt Coal Sector Master Plan

M Azizur Rahman | 2008-08-07 00:00:00

The government has planned to adopt the country's first Coal Sector Master Plan (CSMP) for proper utilisation of the country's large coal reserves and ensure energy security in the coming years, officials said."This plan will be formulated in line with...

BCL stages sit-in, gives VC more time

2008-08-07 00:00:00

Dozens of the activists of Bangladesh Chhatra League (BCL), Awami League's student wing, staged a sit-in in front of Dhaka University (DU) vice chancellor's office Wednesday in a bid to pressure authorities into releasing BCL central committee general secretary and...

Mischievous stories of gloom, doom about Bangladesh

Enayet Rasul | 2008-08-07 00:00:00

It is known to all that Bangladesh gets unfair media coverage on some issues most of the time. For example, let us recall the banner headlines in a newspaper last week about the imminent earthquake to hit Bangladesh, or more...

Bangladesh's floating crane sets new record

2008-08-07 00:00:00

Setting a new record, the barge mounted crane manufactured by Bengal Electric Ltd (BEL) unloaded a 214 MT and a 205 MT electric generator and gas turbine from the cargo to the project site at Shiddhirganj recently. This is the...

Oil mixed in Asian trade amid demand worries

2008-08-07 00:00:00

SINGAPORE, Aug 6 (AFP): Oil prices were mixed in Asian trade today on worries about waning demand amid signs of slowing global economic growth, dealers said.In afternoon trade, New York's main contract, light sweet crude for September delivery, was off...

Dusts get better response from all sections

FE Report | 2008-08-07 00:00:00

There was a strong demand in the sale particularly for the good liquoring types generally forthcoming from the Blenders. Loose Tea buyers lent a fair support. Pakistan buyers were mote active particularly for well made Fannings and Dusts. As a...

Formulating an integrated transport policy stressed

2008-08-07 00:00:00

Working Group-2 on infrastructure of Bangladesh Better Business Forum (BBBF) held its 10th meeting in the city Tuesday, said a press release.Member Planning Commission and Co-Chairperson of the Infrastructure Working Group AMM Nasiruddin, Member and President of the Dhaka Chamber...

China likely to be world's top gold producer this year

2008-08-07 00:00:00

BEIJING, Aug. 6 (Xinhua): China is predicted to produce 300 tons of gold in 2008 to become the largest gold producer in the world, according to Hou Huimin, deputy director of China Gold Association.China has surpassed the United States to...

corporatewatch

Stock dividend credited | 2008-08-07 00:00:00

The authorities of People

Crisis of confidence in the capital market

2008-08-07 00:00:00

THE vast majority of individual investors losing a major part of their capital have deserted our capital market. So is the case with the foreign buyers. They left, too. Both index and prices are continuously dipping every day. Nevertheless our...

DU observes Hiroshima Day

DU Correspondent | 2008-08-07 00:00:00

Dhaka University (DU) observed the Hiroshima Day through holding a special lecture and a poster exhibition Wednesday.The Department of Peace and Conflict of DU and non-government organisation Hunger Free World (HFW) jointly organised the function at the university's RC Mojumder...

Saudi embassy contradicts news item

2008-08-07 00:00:00

The royal embassy of Saudi Arabia in Dhaka has contradicted a news published in a Bangla daily on its August 05 issue which said Bangladeshi workers are facing problems in Saudi Arabia and thousands of Bangladeshi workers are being deported...

No edible oil price hike in Ramadan: Zillur

FE Report | 2008-08-07 00:00:00

Commerce Adviser Hossain Zillur Rahman said Wednesday prices of edible oil would not increase during the holy month of Ramadan as the domestic market is adequately supplied amid falling rates in global market."The good news is that the prices of...

Dhaka-Ctg Highway project skids to a halt

2008-08-07 00:00:00

The government has put brakes on the Dhaka-Chittagong Highway project, forming a high level committee to examine why the tender process for expansion into four lanes was cancelled at its final stage, a government official said, reports bdnews24.com.The three-member committee...

Dhaka Abahani makes flying start

2008-08-07 00:00:00

B League champions Dhaka Abahani Limited made a flying start in the final round of Citycell Federation Cup Football Tournament outplaying Jatrabari KC by 4-0 goals in the opening match at the Bangabandhu National Stadium in the city Wednesday, reports...

Death of Solzhenitsyn: a dazzling flame extinguished

Maswood Alam Khan | 2008-08-07 00:00:00

Not for a split of a second time freezes, not for a micro millimeter the Earth wobbles off its trajectory at the deaths of thousands of people everyday. But, at times news of death of a single luminary sends people...

Asian markets end higher

2008-08-07 00:00:00

TOKYO, Aug 6 (AP): Asian stock markets rallied Wednesday on the heels of a strong overnight rally on Wall Street spurred by falling oil prices and a Federal Reserve decision to keep interest rates unchanged.The benchmark Nikkei 225 Stock Average...

Govt still aiming for dialogue with BNP, says Hossain Zillur

2008-08-07 00:00:00

Commerce adviser Hossain Zillur Rahman said Wednesday that the government was making progress towards holding political dialogue with BNP, reports bdnews24.com."The government is continuing its contact with BNP. It has also taken additional steps in this regard," the adviser told...

Corrupt bigwigs start coming to TAC for clemency

2008-08-07 00:00:00

Corrupt bigwigs have begun approaching the Truth and Accountability Commission (TAC) for seeking clemency in exchange for their ill-gotten wealth and ambition for getting elected to any public office, reports UNB."Two cases came to us. But, we didn't accept them,...

Choosing between bilateral and multilateral FTAs

Shahiduzzaman Khan | 2008-08-07 00:00:00

In a radical shift in the country's trade negotiations, Bangladesh now decided to start bilateral free trade negotiations with three South Asian countries, shelving the country's long-standing trade policy that favoured multilateral trade deals over bilateralism. The interim government was...

Economic boom in Brazil shrinks number of poor

2008-08-07 00:00:00

BRASILIA, Aug 6 (AFP): The economic boom in Brazil has shrunk the proportion of poor in the country to less than a third of the population while the number of rich and, especially, middle-class have grown, a study released yesterday...

Mauritania forces stage coup

2008-08-07 00:00:00

NOUAKCHOTT, August 6 (Reuters): Presidential guardsmen seized Mauritanian President Sidi Mohamed Ould Cheikh Abdallahi in a coup d'etat on Wednesday, the president's daughter Amal Mint Cheikh Abdallahi said."The security agents of the BASEP (Presidential Security Battalion) came to our home...

Is China's slowdown a boon for others?

2008-08-07 00:00:00

Fazle Rashid from New YorkThe downturn in global economy in its inexorable march swept through almost all the nations of the world. The economic tsunami arrived late in China. It may have been the other way round. China's economic foundation...