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Ukraine parliament examines floods after 30 dead

2008-08-01 00:00:00

KIEV, July 31 (Reuters): Floods in western Ukraine have killed 30 people and prompted the evacuation of nearly 18,000, officials said on Thursday, after five days of rain caused rivers to spill over into villages and farmland.Emergencies Minister Volodymyr Shandra...

Draft renewable energy policy reviewed

FE Report | 2008-08-01 00:00:00

The power ministry Thursday held a meeting with the stakeholders to review the draft Renewable Energy Policy and expedite its adoption to tap the potentials of generating electricity from renewable energy resources.The meeting headed by power secretary Dr M Fouzul...

HP launches three latest laptops

FE Report | 2008-08-01 00:00:00

HP, the world's biggest IT group launched three latest laptops including mini notebook computer in the city organising a ceremonial fashion show based on HP notebooks Thursday.Of the products, the HP 2133 Mini-Note PC is a full-function, mini notebook computer...

Academy face national cricketers today

2008-08-01 00:00:00

The GP-BCB National Cricket Academy team, which will leave Dhaka for South Africa on August 4 on a short tour, face the national cricketers in a practice match at the Mirpur Sher-e-Bangla National Stadium (SBNS) in the city, reports UNB...

Hastening process of land accretion in coastal areas

2008-08-01 00:00:00

Most of the externally provided information about the geographical and environmental future of Bangladesh are darkly pessimistic ones, most of the time. In this backdrop, the latest piece of information, provided by Bangladeshi scientists of the Centre for Environment and...

High oil prices underpin record BASF profits

2008-08-01 00:00:00

FRANKFURT, July 31 (AFP): BASF, the world's biggest chemical company, BASF, post record profit results for the second quarter today, boosted by high oil prices.Net profit jumped by 27 per cent to 1.3 billion euros (2.02 billion dollars), while operating...

Shell reports profits surge of 33pc in second quarter

2008-08-01 00:00:00

LONDON, July 31 (AFP): Anglo-Dutch energy giant Royal Dutch Shell said today that net profit jumped by a third to 11.556 billion dollars (7.409 billion euros) in the second quarter owing to record high oil prices.Net earnings on a current...

Does Geneva marks the end of Doha round of WTO talks?

Syed Fattahul Alim | 2008-08-01 00:00:00

The World Trade Organisation (WTO) talks in Geneva have finally collapsed. The Doha round of WTO talks that started in the Qatari capital of Doha with a view to liberalising global trade for an easier and cheaper flow of goods...

Nepal's FDI commitment rises to five-year high

2008-08-01 00:00:00

KATHMANDU, July 31 (Xinhua): Nepal received the highest foreign direct investment (FDI) commitment of 9.81 billion Nepali rupees (some 144 million US dollars) in the last fiscal year, as a housing boom and newly-explored hydro potentials lured overseas investors, The...

Liquid flowing on surface of Saturn moon, says NASA

2008-08-01 00:00:00

LOS ANGELES, July 31 (AFP): NASA scientists said Wednesday they had found liquid on Saturn's moon Titan, only the second body in the solar system after Earth to have fluid on its surface.The groundbreaking discovery was made after analysis of...

Britain's gas price to see 35 pc record rise

2008-08-01 00:00:00

LONDON, July 31 (Xinhua): Britain's largest household energy supplier announced yesterday that gas price is to rise by 35 per cent along with 9 per cent for electricity prices.British Gas owner Centrica said the rises will take immediate effect citing...

Tata drops $3b investment plan, finally

FE Report | 2008-08-01 00:00:00

Indian business conglomerate Tata Group has finally dropped its proposals on US$ 3.0 billion investment in Bangladesh as there is no commitment from the government for gas supply to its steel, power and infrastructure projects."It is clear that the Bangladesh...

Participating in overseas trade fairs

2008-08-01 00:00:00

Bangladesh needs to draw up a strategy for participating in international trade fairs as a cornerstone of its policies to export more. As it is, the country's participation in trade fairs round the world does not take place in great...

Govt fails to ensure minimum wages for Bangladeshis working abroad

FE Report | 2008-08-01 00:00:00

A large number of Bangladeshis working abroad, particularly the countries in the Middle East, are deprived of fair wages as the government fails to dictate the terms of job in commensurate with living expenses, a senior official said Thursday.He said...

Oil prices steady after strong rebound

2008-08-01 00:00:00

SINGAPORE, July 31 (AFP): World oil prices steadied in Asian trade today after a rebound of more than four dollars driven by an unexpected decline in US petrol stockpiles, analysts said.In afternoon trade, New York's main contract, light sweet crude...

Shamsul Islam freed on bail

2008-08-01 00:00:00

Former minister and BNP standing committee member M Shamsul Islam was released on bail from the Dhaka Central Jail Thursday, a day after his party colleague and co-accused in the GATCO graft case Mr Mannan Bhuiyan came out, reports UNB.Witnesses...

Australian PM wants financial services grow in Asia

2008-08-01 00:00:00

CANBERRA, July 31 (Xinhua): Australian Prime Minister Kevin Rudd said today that while Australia's financial services industry was performing well domestically, there was much to be done to boost growth overseas, particularly in Asia.Rudd told the Financial Services Hub Summit...

Four killed in Jessore road mishap

Our Correspondent | 2008-08-01 00:00:00

JESSORE, July 31: Four persons including an NGO official, his wife, a college student and another woman were killed and 10 others were injured in a road accident at Gopalpur morh on the Jessore-Khulna Highway under Sadar Upazila in the...

Wanderers, Navy brighten chance to reach final round

2008-08-01 00:00:00

Dhaka Wanderers Club and Bangladesh Navy came close to reaching the final round of the Citycell Federation Cup Football Tournament winning their respective Group B matches Thursday, reports UNB.Dhaka Wanderers almost assured their final round berth from the group beating...

S'pore jobless rate up to 2.3pc in Q2

2008-08-01 00:00:00

SINGAPORE, July 31 (Xinhua): Singapore's jobless rate in the second quarter went up to 2.3 per cent after seasonal adjustments, compared to the previous quarter's 2 per cent, amid greater economic uncertainties, the government said today.Preliminary estimates showed that employment...

Price hike of raw materials hits cottage industry

Our Correspondent | 2008-08-01 00:00:00

BRAHMANBARIA, July 31: Price hike of raw materials has seriously affected the cottage industry producing handicraft products in the district.As a result, production of handicraft items has declined drastically this year and the local artisans have failed to meet the...

Legal support to be provided on workers' compensation

2008-08-01 00:00:00

Bangladesh Occupational Safety, Health and Environment Foundation (OSHE) and Bangladesh Legal Aid Services Trust (BLAST) will provide all-out legal support to injured workers and dependent families of those killed in workplace accidents for obtaining compensation.The two specialised NGOs announced their...

WB to provide $50m loan for SIDR-affected families

FE Report | 2008-08-01 00:00:00

World Bank (WB) will provide Bangladesh US$ 50 million loan to help restore assets and livelihoods of families affected by the last year's cyclone Sidr.The government of Bangladesh signed an agreement Thursday with International Development Association (IDA) for the loan,...

China's anti-monopoly law to take effect, car price cartel to break down

2008-08-01 00:00:00

BEIJING, July 31 (Xinhua): The Anti-monopoly Law of China is scheduled to take effect on August 1.In reaction, Shanghai Volkswagen is going to hold a meeting immediately on the following day at its Shanghai distribution center and discuss coping strategies...

Karadzic appears at UN court

2008-08-01 00:00:00

THE HAGUE, July 31 (Reuters): Former Bosnian Serb leader Radovan Karadzic appeared before a U.N. war crimes judge for the first time on Thursday to answer genocide charges.Karadzic (63) was arrested last week after 11 years on the run. He...

Addressing the issue of getting power quickly

Muzaffar Hossain | 2008-08-01 00:00:00

If all goes well as planned, power production consistent with demand and even some surplus may be possible by the year, 2015. But establishment of power plants after planning, land acquisition for the purpose, fund mobilisation, etc., involves a time-consuming...

Champions League to go ahead despite ICC objections

2008-08-01 00:00:00

MUMBAI, July 31 (Reuters): India, Australia and South Africa will go ahead with a $6 million (3 million pounds) Champions Twenty20 League despite objections from the International Cricket Council (ICC).The boards met Wednesday to announce the September 29-October 8 event,...

Population explosions in Bangladesh moving towards danger

Md. Serajul Islam Talukder | 2008-08-01 00:00:00

The high population growth rates of Bangladesh have appeared as the major impediments to its development. The family planning programmes are going on, of course without much of any notable achievement. The domestic and international sources are financing the programmes...

Dhaka seeks probe into recent border shooting

2008-08-01 00:00:00

COLOMBO, Jul 31 (UNB): Bangladesh Thursday urged India to inquire into recent border shooting incidents as 125 Bangladeshi civilians have been killed by Indian BSF troops in past six months.Foreign Advisor Iftekhar Ahmed Chowdhury made the call during a bilateral...

Quake hit DU halls

2008-08-01 00:00:00

NEARLY 18 years ago I left the Muhsin hall of the Dhaka University (DU) as a resident student. Today after such a long time, I am shocked to see the very dilapidated condition of the famous Muhsin Hall. During a...