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CEC now sees no bar to parliamentary polls under emergency

2008-08-05 00:00:00

Election chief ATM Shamsul Huda sees no problem in holding parliamentary elections under the state of emergency, having witnessing what he has termed 'surprisingly' fair elections to four city corporations and nine municipalities under emergency, reports bdnews24.com.The chief election commissioner's...

The summit of many hopes

Syed Fattahul Alim | 2008-08-05 00:00:00

The 15th Summit of the 8-nation South Asian Association for Regional Cooperation (Saarc) has ended in the Sri Lankan capital Colombo. What is the outcome of the Summit that brought together the leaders of a region where one-fourth of humanity...

Tropical storm Edouard gaining speed over Gulf

2008-08-05 00:00:00

NEW ORLEANS, August 4 (Agencies): Emergency teams were activated as residents along the Gulf of Mexico prepared to get hit with another round of tropical weather for the second time in less than a month. Tropical storm Edouard gained speed...

Parched Jordan launches huge water project

2008-08-05 00:00:00

MUDAWWARA, Jordan, Aug 4 (AFP): Jordan yesterday launched a near-billion-dollar project to supply the capital with much-needed water from an ancient desert aquifer near the border with Saudi Arabia.Prime Minister Nader Dahabi cut the ribbon on the 990- million-dollar plan...

Malaysia's trade surplus jumps

2008-08-05 00:00:00

KUALA LUMPUR, Aug 4 (AFP): Malaysia's trade surplus rose by almost 50 per cent in June to around four billion dollars compared with a year earlier, official figures showed today.The positive balance of 12.97 billion ringgit came after exports jumped...

MCCI suggests withdrawal of licence fee for captive power plants

FE Report | 2008-08-05 00:00:00

The Metropolitan Chamber of Commerce and Industry (MCCI), Dhaka has urged the government to immediately drop the provision in the Bangladesh Energy Regulatory Commission Licence Regulations, 2006 imposing licence fee on generators exceeding one megawatt (MW) and also publish a...

Buoyant Aussies look to dominate landmark Olympics

2008-08-05 00:00:00

BEIJING, Aug 4 (AFP): Resurgent Australia hope to defend their gold medal against a strong field in Beijing as men's hockey celebrates 100 years at the Olympics but with former masters India missing the landmark event.The Kookaburras, who won their...

DBBL organises orientation course

FE Report | 2008-08-05 00:00:00

Dutch-Bangla Bank Ltd (DBBL) has organised a week-long orientation course for its newly-recruited trainee officers (cash).Managing Director (MD) of the bank Md Yeasin Ali inaugurated the orientation course at the bank's training centre in the city Monday.The orientation course is...

Some IT firms see good prospects

Jasim Uddin Haroon | 2008-08-05 00:00:00

A number of IT companies in the country are now opting for the production of animation programmes, which are in high demand in the local and international markets.The international animation market is estimated to be around US$ 1.0 trillion a...

India at higher economic risk: Moody's

2008-08-05 00:00:00

NEW DELHI, (Internet): Moody's Investors Service says that the risks confronting India's economy have grown, but not yet to the extent that the government's Baa3 foreign currency and Ba2 local currency ratings are threatened."Higher oil prices and the lack of...

Fed likely to hold rates steady amid cross-currents

2008-08-05 00:00:00

WASHINGTON, Aug 4 (AP): An ugly brew of rising unemployment, spiking foreclosures and gyrating energy prices is plaguing the country and making life difficult for Federal Reserve Chairman Ben Bernanke as he tries to right the economy.Bernanke and his central...

ArcelorMittal's takeover of Chinese steelmaker on hold

2008-08-05 00:00:00

BEIJING, Aug 4 (AFP): China Oriental said today a takeover of the firm by ArcelorMittal had stalled after Chinese regulators failed to give the green light to the proposed deal in the strategically key steel sector.China's anti-trust regulator failed to...

Summits and forgotten promises

2008-08-05 00:00:00

YET another summit meeting of the South Asian Association for Regional Cooperation (SAARC) ended last Sunday in the Sri Lankan capital, Colombo, adopting yet another declaration stuffed with lots of promises and exhortations. The South Asian leaders identified the right...

news digest

US soldier killed in | 2008-08-05 00:00:00

Iraq car accidentBAGHDAD, Aug 4: The US military said one American soldier was killed and two were injured when the vehicle they were travelling in rolled over at a base near the Iraqi capital. The latest death, which occurred on...

Attackers kill 16 police men at Chinese border post ahead of Beijing Olympics

2008-08-05 00:00:00

BEIJING, August 4 (Agencies): Two men rammed a dump truck into a group of jogging policemen and then tossed explosives into their barracks Monday, killing 16 officers in a restive Chinese province bordering Central Asia, the state-run Xinhua News Agency...

Four PSI cos initially selected for next tenure

2008-08-05 00:00:00

The National Board of Revenue (NBR) has chosen four pre-shipment inspection (PSI) agencies initially at its first evaluation committee meeting Monday, reports UNB.A total of seven companies submitted their proposals after the NBR had floated an open tender for appointing...

Indian cloths worth over Tk 10m seized in Feni

2008-08-05 00:00:00

Bangladesh Rifles (BDR) jawans seized huge quantity of Indian cloths worth more than Tk 10 million (1.0 crore) from Purbo Madhupur in Chhagalnaiya Upazila in Feni district Monday, reports UNB.A patrol team of BDR halted a truck and a micro-bus...

ACI markets brown Atta

FE Report | 2008-08-05 00:00:00

The new product of ACI Pure Flour Ltd -'ACI Pure Brown Atta'- is now available in market for health conscious consumers.As produced by using European technology, this Atta assures the desired taste, protein, vitamins and fibre value.It contains more dietary...

44 dead in Sri Lanka rebel violence

2008-08-05 00:00:00

COLOMBO, Aug 4 (AFP): Heavy fighting across Sri Lanka's north left at least 35 Tamil Tiger rebels dead, the defence ministry said Monday.Nine government soldiers also died on Sunday, including three in an accidental hand grenade explosion in Jaffna, the...

Champions China confident of glory

2008-08-05 00:00:00

BEIJING, Aug 4(AFP): China's all-conquering table-tennis squad are gunning for total dominance in Beijing, planning to demolish all in their path as they cement their status as the sport's superpower.With the Olympics to be held on home soil for the...

Voting in 4 city corpns, 9 municipalities held peacefully, AL candidates ahead

2008-08-05 00:00:00

Polling in four city corporations of Rajshahi, Khulna, Barisal and Sylhet and nine municipalities held Monday under emergency passed off almost peacefully with heavy turn out of voters, reports UNB.This is for the first time voters exercised franchise with their...

Two days' weekend is really a problem

A. H. Khan | 2008-08-05 00:00:00

VIEWS expressed by Air Commodore M Zakiul Islam may be right from his own thought-perspective, but his article did not reflect the issues raised by the members of the business community. If Mr. Rahman goes to his office on Friday...

12 detained in Barisal for violating election code

2008-08-05 00:00:00

BARISAL, August 4 (bdnews24.com): Rapid Action Battalion (RAB) detained 12 persons Monday from different polling centres in Barisal on charges of violating the election code of conduct, a RAB officer said.The violations included setting up temporary polling camps in front...

S Korea plans to become regional oil storage hub

2008-08-05 00:00:00

SEOUL, Aug 4 (AFP): South Korea, the world's fifth largest crude importer, today announced plans for a regional oil storage hub to create new business opportunities and ensure energy security.Existing bunker facilities at the southern ports of Yeosu and Ulsan...

Boro procurement drive likely to be extended

Shakhawat Hossain | 2008-08-05 00:00:00

The caretaker government is likely to extend the ongoing boro procurement drive due to the lower-than-expected collection of rice despite bumper harvest, said a senior food ministry official Sunday.The issue of time extension is likely to be discussed at a...

Bahrain Air set to operate seven flights to Bangladesh from Oct

Syed Ishtiaque Reza | 2008-08-05 00:00:00

Bahrain Air, one of the two national airlines of Bahrain, is set to operate weekly seven flights to Bangladesh from October this year."All preparations are afoot to start flights from October as declared earlier," said Abdul Kadir, chairman of Flight...

Murray beats Djokovic for first Masters tennis title

2008-08-05 00:00:00

CINCINNATI, Ohio, Aug 4 (AFP): Andy Murray lifted his first career Masters title, defeating Novak Djokovic for the second time in as many weeks to claim a 7-6 (7/4), 7-6 (7/5) win at the Cincinnati event.The Scot, who now rises...

Micro-insurance in socio-economic development

A.B.M. Nurul Haq | 2008-08-05 00:00:00

THE role of insurance in combating socio-economic problems has aptly been described in the following words by an Islamic Scholar Dr. Nejatullah Siddique :"Insurance is a basic human need, as accidents and their financial consequences requiring insurance cover are universal....

corporatewatch

Shareholders requested to | 2008-08-05 00:00:00

collect dividend warrantsBata Shoe: Bata Shoe Company (Bangladesh) Limited has requested concerned shareholders to collect their final dividend warrants for the year 2007 from August 05 to August 07, 2008 from the share liaison office of the company at Gulistan...

Thrust on raising food production in country

2008-08-05 00:00:00

COMILLA, Aug 4 (BSS): Special Assistant to Chief Adviser for Social Welfare and Telecommunications MA Malek Monday said against the backdrop of global food crisis and price hike of the item in the international market the domestic grain production has...