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Burichang BNP leader dies

2008-08-02 00:00:00

Burichang thana BNP leader Sajedur Rahman (46) died of heart attack July 28 at his residence in Jogatpur village. He left behind one son and one daughter to mourn his death.He was buried in his family graveyard. BNP General Secretary...

Nadal advances to threaten Federer's top ranking

2008-08-02 00:00:00

CINCINNATI, Ohio, Aus 1 (AFP): Rafael Nadal shifted into position to seize the No. 1 ranking with a 6-4, 7-6 (7/0) defeat of Tommy Haas only hours after Roger Federer opened the door with a Cincinnati Masters defeat.In the wake...

Bangladesh is on good track towards nat

2008-08-02 00:00:00

Colombo, Aug 01 (UNB) - US Assistant Secretary of State for South and Central Asia Richard Boucher Friday said that Bangladesh was on "a good track" towards holding general election by the end of this year.Boucher made the comment while...

Bangladesh A post 275/6 against MCC

2008-08-02 00:00:00

Riding on an unbeaten century by right-handed batsman Rokibul Hasan, touring Bangladesh A team scored a fighting 275 for 6 in 50 overs in their second one-day match against Marylebone Cricket Club (MCC) at the Racecourse, Durham University Ground, Durham...

Govt grants interest waiver to sick small industrial units

Shakhawat Hossain | 2008-08-02 00:00:00

The caretaker government has set December 31, 2008 as the deadline for sick small and medium business entrepreneurs to repay or reschedule their default bank loans, ministry officials said Thursday.According to a recent finance ministry directive, a borrower who has...

Population growth in Bangladesh and developing countries

Professor Mahfuz R. Chowdhury | 2008-08-02 00:00:00

The world's population reached six and a half billion in 2006, and is quickly approaching 7.0 billion. It appears to be increasing at a rate of about 6.5 million a month or 78 million a year. From a purely mathematical...

Six NBFIs seek govt nod to access foreign credit

Naim-Ul-Karim | 2008-08-02 00:00:00

At least six non-banking financial institutions (NBFIs) have sought government approval to access loan from international long-term development lenders to diversify their credit source and lower their interest rates, officials said Friday.The NBFIs-- better known as leasing companies-- usually source...

Killer of Srebrenica and Sarajevo faces trial

Syed Fattahul Alim | 2008-08-02 00:00:00

Radovan Karadzic the Serb nationalist-racist leader, who presided over the extermination of hundreds and thousands of Muslims and Croats in his 1992-95 drive to cleanse his greater Serbia of dream of non-Serbs has at last been arrested and subjected to...

A picture of DMCH

2008-08-02 00:00:00

Dhaka Medical College Hospital (DMCH) is the only option for the poor patients who cannot access the highly priced private medical care in the capital city. Admission and most other charges for services at DMCH are supposed to be nominal,...

Karadzic makes first appearance before genocide court

2008-08-02 00:00:00

THE HAGUE, AUG 1 (AFP): Former Bosnian Serb leader Radovan Karadzic made a combative first appearance at the UN's war crimes court Thursday, waiving his right to defence counsel and claiming he had been kidnapped and that his life was...

Rahul Gandhi lands in city

2008-08-02 00:00:00

Rahul Gandhi, Indian member of parliament and general secretary of India's ruling Congress party, arrived in city Friday, said an official of Zia International Airport, report agencies.Gandhi, son of Congress president Sonia Gandhi and assassinated prime minister Rajiv Gandhi, touched...

Former India Test batsman Mankad dies

2008-08-02 00:00:00

MUMBAI, Aug 1 (AFP): Former India Test batsman Ashok Mankad died in his sleep here Friday aged 61, cricket officials said.Mankad, regarded as a shrewd thinker of the game and one of India's finest domestic captains, played 22 Tests between...

WB approves $130.7m IDA credit to improve quality of edn at school level

FE Report | 2008-08-02 00:00:00

World Bank (WB) has approved a US$ 130.7 million International Development Association (IDA) credit to Bangladesh with a view to improving the quality of secondary education and ensuring greater accountability at school level."The credit will help improve the quality of...

NASA probe confirms water on Mars

2008-08-02 00:00:00

LOS ANGELES, August 1 (AFP): NASA scientists have said that the Phoenix lander exploring Mars has confirmed water on the planet after analysis of a soil sample from the Red planet's surface.The discovery was made after the lander's robotic arm...

weekly currency roundup

2008-08-02 00:00:00

July 27 - July 31, 2008Commercial Bank of CeylonLast week was indeed a bonanza for importers and outward remitters since US dollar ($) lost its value further against Bangladesh taka (Tk). This was mainly due to lack of demand and...

Eastern University holds lecture at its Campus-2 in city

FE Report | 2008-08-02 00:00:00

Eastern University (EU) organised a lecture on 'Media and English Language Proficiency Enhancement' at its Campus-2 auditorium in the city Wednesday.Anis Ahmed, international radio broadcaster and web editor, Voice of America, Washington, delivered his speech as the chief guest in...

Best value for money

2008-08-02 00:00:00

Zakir Hossain and Kazuaki NoharaThe concept of public-private partnership (PPP) originated from the United Kingdom. In the period of the Thatcher Administration, the government there introduced PPP to improve the deficit financing and to realise the small government. It was...

After the 'trust vote' for Indian Congress

Billy Ahmed | 2008-08-02 00:00:00

AFTER an acrimonious debate by opposition with charges of intimidation and vote buying, India's parliament reaffirmed its confidence in the Congress Party-led United Progressive Alliance (UPA) government on July 23.Two hundred and seventy-five members of the Lok Sabha voted in...

Bearish trend continues

FE Report | 2008-08-02 00:00:00

Stock prices of the Dhaka Stock Exchange (DSE) witnessed persistent slump for the seventh straight week that ended Thursday, with lower participation of the investors.During the week, all the market barometers -- the benchmark DSE General Index (DGEN), All Shares...

World's biggest refinery to test oil bulls

Jonathan Leff | 2008-08-02 00:00:00

On India's West coast, the world's biggest refining complex is nearly ready to begin pumping a wave of diesel fuel into the world oil market, removing one of the last near-term fundamentals supporting $100-plus crude.But unfortunately for oil consumers and...

Bangladeshi envoy in Japan awarded at Kurigram

Our Correspondent | 2008-08-02 00:00:00

KURIGRAM, Aug 01: Bangladeshi Ambassador in Japan and also a scholar of Chilmari Upazila in the district Major (retd) Ashraf-ud-Doula Taj was accorded special reception at Chilmari Upazila Degree College ground Wednesday.Thana Hat Bonik Samity organised the function.Major Taj as...

Tata decision unlikely to affect FDI flow: Mirza Aziz

2008-08-02 00:00:00

Finance Adviser Dr Mirza Azizul Islam Friday said Tata Group's decision not to go ahead with their US$ 3.0 billion (300 crore) investment plan in Bangladesh is unlikely to affect foreign direct investment (FDI) in other sectors of the country,...

Noakhali FA beat Arambagh KS

2008-08-02 00:00:00

Noakhali Football Academy beat Arambagh KS by 2-0 goals in a 2nd phase match of the Dhaka City Corporation Pioneer Football League at the Bir Shreshtho Shaheed Sepoy Mohammad Mostafa Kamal Stadium at Kamalapur in the city Friday, reports UNB.Uzzal...

The Westin in focus

Syed Ishtiaque Reza | 2008-08-02 00:00:00

The Westin Dhaka, the second Starwood five star hotel in Dhaka, is ready to celebrate its first anniversary soon. Standing tall in the heart of the city, The Westin forms a perfect choice for both business and leisure travelers to...

Talk shop over solving traffic problem will not do

Enayet Rasul | 2008-08-02 00:00:00

The Chief Adviser (CA) Dr Fakhruddin Ahmed presided over a meeting last Tuesday that was devoted to addressing the agonizing traffic conditions in Dhaka city. The holy month of Ramadan is near and, as always, government seeks to provide some...

BDR to sell Ramadan items from August 15

2008-08-02 00:00:00

Bangladesh Rifles (BDR) has taken all preparations to sell the Ramadan items from August 15 through its fair price outlets ahead of Ramadan to provide a bit of relief to the low and middle income group, already hard-pressed by spiraling...

Eight players win men's singles 2nd round matches

2008-08-02 00:00:00

Eight players won their respective men's singles qualifying 2nd round matches of the Dhaka Open Tennis Competition that began Friday at the Ramna National Tennis Complex (NTC) in the city, reports UNB .In the 2nd round, Jamil (NTC) outplayed Moniruzzaman...

BRAC Bank empowers customers with service standard rating system

FE Report | 2008-08-02 00:00:00

BRAC Bank Limited has launched a new service quality drive recently.In this initiative, customers will be able to rate the service and the service provider at the touch-point instantly.This initiative, called 'Moment of Truth' has been instituted at the Gulshan...

Reforms in industry, labour market stressed

Our Correspondent | 2008-08-02 00:00:00

CHITTAGONG, Aug 1: Speakers at a seminar here said that industrial and economic reforms should be conducted against the de-nationalisation process to meet the challenge of globalisation.The seminar was on 'Impact of Globalisation and Economic Reforms in the Industry and...

news digest

2008-08-02 00:00:00

13 dead in Indian train blazeNEW DELHI, Aug 1: At least 13 people died and four were injured when fire spread quickly through a packed train in southern India early on Friday, a railway official said. "As of now 13...