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Dollar close to one-month highs in Asian trade

2008-08-01 00:00:00

TOKYO, July 31 (AFP): The dollar was close to one-month highs against the euro and yen in Asian trade today amid concerns that a US economic slowdown is hitting Europe and Asia, dealers said.The dollar was at 107.96 yen in...

Ban on sycophantic student politics to ensure quality edn emphasised

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

Speakers at a seminar Thursday laid emphasis on a ban of sycophantic student politics to ensure congenial atmosphere of education on the campus.They said student politics should be there and that must aim at the welfare of the students.The speakers...

McKenzie blunts England's attack

2008-08-01 00:00:00

England finally made their second breakthrough shortly before lunch on the second day at Edgbaston, but South Africa cemented their strong position as they reached 104 for 2. Neil McKenzie fought hard in bowler-friendly conditions with a half-century and was...

Push mail technology in HTC PDA handsets!

Imran Aziz | 2008-08-01 00:00:00

Users of HTC PDA handsets are able to exchange e-mails just like the SMS through Push Mail technology. By using push mail technology, one can exchange e-mails instantly and efficiently.Available in most of today's smartphones and PDAs, push mail allows...

US economy to underperform through mid-2009: IMF

2008-08-01 00:00:00

WASHINGTON, July 31 (Reuters): The US economy is in unchartered waters and the economy is likely to underperform through the middle of next year in the face of a worsening housing and credit crisis, the International Monetary Fund (IMF) said...

Israeli PM to resign, Mideast peace doubts raised

2008-08-01 00:00:00

JERUSALEM, July 31 (AP): Prime Minister Ehud Olmert's decision to resign amid corruption allegations and his own plummeting popularity has intensified doubts about Israel's prospects for reaching peace deals with the Palestinians and Syria.Olmert said Wednesday he would not run...

NRBs urged to clinch special investment facilities on offer

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

Finance and Planning Adviser Mirza Azizul Islam Thursday urged non-resident Bangladeshis (NRBs) to invest more in Bangladesh, saying the government offers some special facilities to them to encourage their investments.'The government in principle has approved the special economic zone ordinance...

corporatewatch

Dividends | 2008-08-01 00:00:00

Pubali Bank: The board of directors of Pubali Bank Limited has recommended 40 per cent stock dividend (two bonus share for every five ordinary share) for the year 2007. The annual general meeting (AGM) of the bank will be held...

Rat management for rural communities

2008-08-01 00:00:00

Dr. S. R Belmain and Rokeya Begum ShafaliRATS and mice have played a central role in human life for thousands of years and have adapted well to environments significantly altered by humans. Rodents have two major impacts on people's livelihoods....

Warid signs corporate deal with LG Butterfly

2008-08-01 00:00:00

Warid Telecom, a mobile phone operator in Bangladesh, Wednesday signed an agreement with LG Butterfly Marketing Limited to provide complete telecommunication services under its corporate package, said a press release.Chairman and Managing Director of Butterfly Marketing Limited MA Mannan and...

Malaysia may cut fuel prices

2008-08-01 00:00:00

KUALA LUMPUR, July 31 (AFP): Malaysia may reduce fuel prices in the weeks ahead if global oil prices continue to fall, a senior finance ministry official said today.The government hiked petrol prices 41 per cent in June to ease the...

'Dacca College 81' launched

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

A meeting of students admitted to Dhaka College in 1981 was held recently under the banner 'Dacca College 81'.Monirul Islam Joarder (Tushar), AFM Fakhrul Islam and Saifuz Zaman (Shantu) were elected convener, member secretary and treasurer respectively of the committee...

Japan-Brunei free trade pact comes into effect

2008-08-01 00:00:00

TOKYO, July 31 (AFP): A free trade deal between Japan and Brunei came into force today, paving the way for Japanese firms to trade and invest more easily with the energy-rich nation.Japan hopes that the deal, which will abolish nearly...

WTO members seek way out of Doha round impasse

2008-08-01 00:00:00

GENEVA, July 31 (Agencies): Members of the World Trade Organisation (WTO) were in a rush yesterday to seek way out of the current impasse of the Doha round talks after a crucial bid for a breakthrough collapsed.A meeting of all...

Dhaka stocks continue to drop for 4th session

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

Dhaka stocks continued to drop for the fourth session in a row Thursday, as the negative sentiment created due to persistent fall of the market worked in the investors' mind.From the very outset, trading at the Dhaka Stock Exchange (DSE)...

Swadhinota drub Dhaka Eleven

2008-08-01 00:00:00

Sohel scored a brilliant double hattrick as Swadhinota KS crush Dhaka Eleven by 8-0 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...

HC allows campaign in local body polls

2008-08-01 00:00:00

In a landmark judgment, the High Court (HC) Thursday scrapped an Election Commission (EC) rule restricting election campaign by political parties in the local-body polls, which are held on non-party basis, reports UNB.The court, however, declared valid the August 4...

Most Asian markets end higher

2008-08-01 00:00:00

HONG KONG, July 31 (AP): Most Asian stock markets rose Thursday, as optimism about US jobs and a Federal Reserve move to help investment banks offset a spike in oil prices.The Japanese Nikkei 225 index inched almost 0.10 per cent...

Dhaka moots new proposal on intra-SAARC military cooperation

2008-08-01 00:00:00

Bangladesh Thursday mooted a new proposal on intra-SAARC military cooperation and strengthening the group secretariat at the Council of Ministers meeting ahead of the forum's summit in the Sri Lankan capital, reports UNB from Colombo.Foreign Adviser Dr Iftekhar Ahmed Chowdhury...

Kuwaiti trade body asked to extend helping hand to Bangladeshi workers

2008-08-01 00:00:00

Two top trade union leaders of the country have urged the Kuwaiti trade union movement to extend a helping hand to Bangladeshi workers facing repression in Kuwait and deportation by the authorities, reports UNB.In a joint letter sent by email,...

Iran again rejects nuclear deadline

2008-08-01 00:00:00

TEHRAN, July 31 (AFP): Iran Thursday rejected any deadline to give a final response to a package drawn up by world powers seeking to end the nuclear crisis and said there should be more negotiations to reach a deal."The language...

Colombo Declaration to focus on efforts to boost economic growth

2008-08-01 00:00:00

SAARC leaders at the 15th summit are expected to adopt a 37-point Colombo Declaration focusing on collective regional efforts in core areas of food and energy security, trade, climate change and terrorism, reports UNB from Colombo.A draft of the declaration...

The current oil shock

Dilip Hiro | 2008-08-01 00:00:00

When will it end, this crushing rise in the price of gasoline, now averaging $4.10 a gallon at the pump? The question is uppermost in the minds of American motorists as they plan vacations or simply review their daily journeys....

European stocks dip

2008-08-01 00:00:00

LONDON, July 31 (AFP): Europe's main stock markets slipped into the red Thursday as investors tracked a flurry of company earnings reports, and set aside overnight gains on Wall Street, dealers said.Approaching midday trade in London, the FTSE 100 index...

Unilever 2Q down 21pc

2008-08-01 00:00:00

AMSTERDAM, Netherlands, July 31 (AP): Consumer products company Unilever PLC, maker of Dove soaps, Lipton teas and Ben & Jerry's ice cream, said Thursday net profit fell by 21 per cent in the second quarter, hurt by the strong euro,...

$12m BB OD for another SCB to foot oil import bills

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

The central bank has provided overdraft (OD) facilities for US$12 million to a state-owned commercial bank (SCB) for settlement of its oil import bills, officials said."We have provided such facilities to the SCB against reverse repo auction to settle import...

NATO must do more in southern Afghanistan, says Canada

2008-08-01 00:00:00

OTTAWA, July 31 (Reuters): NATO members must send more troops to southern Afghanistan, where Canada and a few other nations are bearing the brunt of combat against Taliban militants, Canadian Defence Minister Peter MacKay said on Wednesday.Canada, which has 2,500...

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...