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Bangladesh's landmass is increasing, not losing!

2008-07-31 00:00:00

New data shows that Bangladesh's landmass is increasing, contradicting forecasts that the South Asian nation will be under the waves by the end of the century, experts say, reports AFP.Scientists from the Dhaka-based Center for Environment and Geographic Information Services...

Development of agriculture

2008-07-31 00:00:00

IN major agricultural countries of the world, the government operates policies flexibly or delicately to retain high incentives for farm production. Governments in the USA and European Union (EU) countries buy up wheat from farmers at subsidised prices to prevent...

Planning power production

2008-07-31 00:00:00

Not a moment should be lost in formulating plans on emergency basis and then integrating those with a foolproof long-term plan to cater fully and effectively to the energy security of the country. The country's growing energy insecurity is manifest...

Imperatives for shoring up Biman's performance

Shahiduzzaman Khan | 2008-07-31 00:00:00

Slowly but steadily, the country's private airlines are increasingly coming into limelight with their willingness to offer best services and hospitality. Earning hefty profits apart, these young airlines are making Bangladesh known to the outside world.When the national Biman Bangladesh...

Global economy grows despite sub-prime crisis: UN

2008-07-31 00:00:00

GENEVA, (Internet): Despite the sub-prime mortgage crisis taking hold in industrialised nations, the overall global economy was still growing in 2007, a new United Nations report says.Global exports rose by significant amounts - 14 per cent for goods and 18...

Islami Bank pulls down Dhaka stocks

FE Report | 2008-07-31 00:00:00

Dhaka stocks slipped for the third straight session Wednesday due mainly to price adjustment of Islami Bank Bangladesh Limited that went ex-dividend.All the market barometers- Dhaka Stock Exchange (DSE) General Index (DGEN), All Shares Price Index (DSI) and DS 20,...

14-member Academy squad named for S Africa tour

2008-07-31 00:00:00

Bangladesh Cricket Board (BCB) has named a 14-member GP-BCB National Cricket Academy team, which will leave for South Africa on August 4 to play two four-day and three one-day matches, reports UNB.Suhrawardy Shuvo will lead the side, while Sahagir Hossain...

Biogas brings changes in lifestyle in Lalmonirhat

Our Correspondent | 2008-07-31 00:00:00

RANGPUR, July 30: Biogas has changed the lifestyle of a large number of people in Lalmonirhat district.According to sources, more than 300 families of different areas of the district have changed their lifestyle by using biogas in cooking meals.A total...

ERD rejoinder

2008-07-31 00:00:00

The Economic Relations Division (ERD) in a rejoinder Wednesday said the news item published in the Financial Express July 26, 2008 under the headline 'Foreign aid down in FY'08' contained inconsistent and factually incorrect information regarding foreign aid flows into...

Japan farmers break open sake over WTO failure

2008-07-31 00:00:00

TOKYO, July 30 (AFP): Japanese farmers today rejoiced at the failure of talks in Geneva on a global free trade pact, which they feared would open the door to a flood of cheap imports."We are relieved, if not delighted, at...

Pirates in action wearing police uniforms

2008-07-31 00:00:00

SUNAMGANJ, July 30 (UNB): Armed pirates wearing police uniforms looted cash and valuables worth Tk 0.2 million from a boat at Borhanpur village in Dirai Upazila Sunday afternoon.When their boat reached Borhanpur the bandits dressed in police uniforms in another...

City Bank opens CityBizness centre to help SMEs

2008-07-31 00:00:00

City Bank has opened its first CityBizness centre at Motijheel in the city to support small and medium enterprises (SMEs) to grow and move to the next level.President of the Dhaka Chamber of Commerce and Industry (DCCI) Hossain Khaled Saifullah...

SL aims to seal India series early

2008-07-31 00:00:00

GALLE, July 30 (AP): A confident Sri Lanka, which handed India one of its worst ever defeats last week, goes into the second Test Thursday aiming to put an early seal on the three-match series. Sri Lanka won the first...

Dhaka to propose 'trust fund' at London confce on climate change

FE Report | 2008-07-31 00:00:00

Finance and planning adviser Mirza Azizul Islam Tuesday said a "multi-donor trust fund" would be formed to assist Bangladesh in overcoming effects of natural disasters. An announcement to this effect is likely to be made in the upcoming London conference...

BB provides $10m to SCB to settle oil import bills

FE Report | 2008-07-31 00:00:00

The central bank has provided overdraft (OD) facilities for US$10 million to a state-owned commercial bank (SCB) for settlement of its oil import bills, officials said."We have provided the OD facilities to the SCB against reverse repo auction to settle...

Prices rise on strong demand

FE Report | 2008-07-31 00:00:00

There was a strong demand in the week's sale for well-made grainy varieties particularly the Fannings, from Pakistan, which resulted in high prices for the varieties. Blenders and Packeteers were active for good liquoring types, which were also fully firm...

New office-bearers of BACI EC

FE Report | 2008-07-31 00:00:00

The names of the newly elected members of the executive committee (EC) of Bangladesh Association of Construction Industry (BACI), comprising twelve members including the president and the vice president, were announced at its 13th annual general meeting (AGM) held at...

High time to diversify traditional agriculture

Enayet Rasul | 2008-07-31 00:00:00

Traditional agriculture- centering mainly on the production of food grains -- has served a purpose, no doubt, in feeding the growing population of Bangladesh. But this singular emphasis on food grain production is also costing dear the country in different...

BPO keen to collect BRTA's Motor Vehicle Tax and other fees

FE Report | 2008-07-31 00:00:00

Bangladesh Post Office (BPO) submitted 'expression of interest' (EOI) to the Bangladesh Road Transport Authority (BRTA) for appointment as a 'service provider' to collect BRTA's Motor Vehicle Tax (MVT) and other fees.BRTA has sought EOI from financial and non-financial institutions...

Poor at great risk because of high food inflation

Doulot Akter Mala | 2008-07-31 00:00:00

The positive gains in the country's poverty reduction efforts have now been reversed due to high food prices and soaring inflation, said government and private research agencies.They said poverty eradication process has been seriously affected due to abnormal hike in...

Call rate up, dollar gains strength

FE Report | 2008-07-31 00:00:00

The inter-bank call money rate marked slight rise Wednesday due to increased demand for cash emanated from needs for month-end internal adjustments. The US dollar also gained ground against Bangladesh taka (BDT) for the second day in the inter-bank foreign...

Mannan Bhuiyan freed on bail

2008-07-31 00:00:00

Former BNP secretary general and ex-minister Abdul Mannan Bhuiyan was released on bail from Dhaka Central Jail Wednesday, as politicians detained in the interim period kept making comeback, report UNB and bdnews24.com."BNP leaders and supporters received him as he walked...

SAARC member-states urged to eradicate extremism

2008-07-31 00:00:00

COLOMBO, Jul 30 (UNB): South Asia Media Commission (SAMC) Wednesday urged the South Asian Association for Regional Cooperation (SAARC) member-states to take short-and long-term measures to eradicate extremism and violent practices by both state and non-state actors against civilians and...

S Africa's quicks take control

2008-07-31 00:00:00

Andre Nel proved himself a more than capable replacement for Dale Steyn with three wickets on the opening day at Edgbaston as England reached tea in trouble on 173 for 6. He broke through an opening stand of 68 and...

Global trade talks: China gaining ground

2008-07-31 00:00:00

Fazle Rashid from New YorkChina will henceforth call the shots in the global economy and not the US or the EU. There was a general consensus about this in Geneva where the WTO is wrangling over the Doha round. The...

Emirates gets first Airbus A380 superjumbo

2008-07-31 00:00:00

Emirates took delivery of its first Airbus A380 'superjumbo' at the planemaker's new Jurgen Thomas A380 Delivery Centre recently, said a press release.The aircraft was received by Sheikh Ahmed bin Saeed AI-Maktoum, chairman and chief executive of Emirates Airline and...

Lafarge Surma, Uttaran to release audiovisual footage on construction practices

FE Report | 2008-07-31 00:00:00

Lafarge Surma Cement Ltd, a leading cement manufacturing company, has signed recently an agreement with Uttaran Structural Designers Ltd to sponsor release of audiovisual footage of the best construction practices and norms in Bangladesh.Managing Director (MD) of Lafarge Surma Cement...

A salute to XXIX Olympiad

Iftu Ahmed | 2008-07-31 00:00:00

BEIJING, the capital of the People's Republic of China, the world's most populous country is going to lit the Olympic Flame as the third Asian host of the Olympiad from August 8 to 24.The 16-day XXIX Summer Olympiad came to...

Process on to release Khaleda, bring BNP to dialogue: CA

2008-07-31 00:00:00

SIRAJGANJ, Jul 30 (UNB): Chief Adviser Dr Fakhruddin Ahmed Wednesday said the process is on for the release of detained former Prime Minister and BNP chairperson Khaleda Zia and bringing her and her party to the pre-election dialogue.He categorically said...

Oil prices ease on demand worries

2008-07-31 00:00:00

SINGAPORE, July 30 (AFP): World oil prices eased in Asian trading today ahead of a weekly US report on energy stockpiles expected to reinforce worries over slackening demand, analysts said.New York's main contract, light sweet crude for September delivery, was...