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Indian realty has designs for foreign architects

2008-07-30 00:00:00

Rajesh Unnikrishnan & Lijee PhilipIt's not just the consultants, funds and law firms that are coming to India. The booming real estate sector has attracted yet another important segment of the global industry-the architects.Celebrated British architect Lord Norman Foster, who...

Dhaka stocks fall for 2nd straight session

FE Report | 2008-07-30 00:00:00

Dhaka stocks fell for the second straight session Tuesday, led by insurance and leasing issues, in a sluggish market.Trading on the Dhaka Stock Exchange (DSE) remained subdued throughout the session pulling down all the indices of the market.DSE General Index...

PTA remains vigilant as telecom sector sees significant growth

2008-07-30 00:00:00

ISLAMABAD, Jul 29 (APP): Pakistan Telecommunication Authority (PTA) remained vigilant for all developments in the telecom sector during the current quarter as the cellular mobile phone sector showed immense growth and the cellular mobile phone operators remained aggressive for marketing...

corporatewatch

2008-07-30 00:00:00

Apex Spinning recommends 20pc cash dividendThe board of directors of Apex Spinning has recommended 20 per cent cash dividend for the year 2007-2008. The annual general meeting (AGM) of the company will be held on October 16, '08. The book-closure...

CA leaves for Colombo tomorrow to attend 15th SAARC Summit

2008-07-30 00:00:00

Chief Adviser Fakhruddin Ahmed leaves for Colombo tomorrow (Thursday) to attend the 15th SAARC Summit in the Sri Lankan capital on August 2-3 where some major deals, including the charter of SAARC Development Fund (SDF) would be signed, reports UNB.After...

Subsidy alone not responsible for global oil price-hike

2008-07-30 00:00:00

Fazle Rashid from New YorkTHERE have been outbursts of anger in the US and in other industrialised nations over oil price subsidies in Asia and developing nations. The consumers and the government in the US strongly feel that they are...

Proposal to double govt guarantee against bank loan to BPC mooted

Shakhawat Hossain | 2008-07-30 00:00:00

The amount of bank loan to the Bangladesh Petroleum Corporation (BPC) for which the government will stand as guarantor is likely to be doubled to Tk 85.00 billion.A proposal drafted by the energy division in this connection is now awaiting...

DUJA seminar tomorrow

DU Correspondent | 2008-07-30 00:00:00

A seminar on 'role of student community in national development' will be held at the senate building of Dhaka University (DU) at 10 am tomorrow (Thursday).DU Journalists' Associa-tion (DUJA) is organising the seminar as part of its various creative activities...

BSA confce on August 1

DU Correspondent | 2008-07-30 00:00:00

The biennial conference of Bangladesh Sociological Association (BSA) will be held at the city's LGED Bhaban auditorium on August 1.Education and Commerce Adviser Hussein Zillur Rahman will inaugurate the function as the chief guest while Dhaka University (DU) Vice-Chancellor SMA...

Jamaican athlete pulled from Beijing team over doping

2008-07-30 00:00:00

KINGSTON, July 29(AFP): A positive drug test returned by a Jamaican athlete at the national Olympic trials shouldn't affect the team's performance in Beijing, Mike Fennell, head of the Jamaica Olympic association, said Monday.The unnamed athlete, who was pulled from...

Bangladesh A team take on Lancashire today

2008-07-30 00:00:00

Touring Bangladesh A team will play the first one-day match against English county side Lancashire today (Wednesday) at Alderley Edge, reports UNB.In the other two one-day matches, the second string Bangladesh side will meet Marylebone Cricket Club (MCC) at Durham...

Ctg ICMAB holds seminar on economic challenges

Our Correspondent | 2008-07-30 00:00:00

CHITTAGONG, July 28: Institute of Cost and Management Accountants of Bangladesh (ICMAB) Chittagong branch organised a day-long seminar on 'Increasing productivity to face economic challenges' at a local hotel recently with its President Zahir Uddin Ahmad in the chair.Commerce Secretary...

SC stays reinstatement of 10 dropout HC judges

2008-07-30 00:00:00

The Supreme Court (SC) Tuesday stayed for three weeks operation of the High Court (HC) judgment directing the government to appoint the ten dropouts as regular HC judges, report UNB and bdnews24.com.After a brief hearing of arguments put up by...

Oil prices rise in Asia

2008-07-30 00:00:00

SINGAPORE, July 29 (AFP): World oil prices rose tooday but remained well off record highs reached earlier this month, as the market watched for more signs of slowing demand, analysts said.New York's main contract, light sweet crude for September delivery,...

Real estate boom to continue in smaller cities

2008-07-30 00:00:00

World's two fastest growing economies China and India will continue to witness boom in the real estate segments in smaller cities as both countries are expected to record strong growth in residential demand in the coming years, says a report.Further,...

Death anniversary of Youssouf Ali tomorrow

FE Report | 2008-07-30 00:00:00

The ninth death anniversary of Dr M Youssouf Ali, a fisheries biologist, policy maker, administrator and advocate for protecting the open water fishery resources, will be observed tomorrow (Thursday).To mark the occasion a Milad mahfil will be held at Khankaye...

Expectations from Colombo summit of Saarc

Syed Fattahul Alim | 2008-07-30 00:00:00

Leaders of the 1.5 billion-strong South Asian nations will again meet in the Sri Lankan capital, Colombo, for the 15th time to discuss issues of mutual interests in order to enhance cooperation among the member states. The people of the...

Dhaka to raise food, climate issues at SAARC summit

2008-07-30 00:00:00

COLOMBO, July 29 (UNB): As Sri Lanka dresses up to host the 15th SAARC summit August 2-3, Foreign Adviser Iftekhar Ahmed Chowdhury said here Tuesday if there be political will on part of the South Asian leadership, the eight-nation forum...

Dollar stable in Asia ahead of key data

2008-07-30 00:00:00

TOKYO, July 29 (AFP): The dollar was little changed in Asian trade today as the market awaited important US data due this week for fresh leads on prospects for a recovery in the world's largest economy, dealers said.The dollar was...

BB asks 10 banks to submit action plan for raising remittance from Malaysia

FE Report | 2008-07-30 00:00:00

The central bank has asked ten commercial banks to submit their individual action plans for increasing the flow of inward remittances from Malaysia, officials said.The instruction was made at a meeting held at the central bank recently to help boost...

Two-day experience sharing meet on effective local govt

2008-07-30 00:00:00

Democracy Watch, a human rights organisation working to promote transparency and accountability in local governance with assistance from the Human Rights and Good Governance Programme of DANIDA, organised a two-day experience sharing meeting with local activists here, reports BSS.The meeting...

World's best places to invest in real estate

2008-07-30 00:00:00

With each passing day of bad market news, it's easy to see why there's so much skepticism about real estate investing. Despite banks' shareholders and equity investors tending to want less real estate in their portfolios, however, there are myriad...

Sadat Smriti Badminton to begin Aug 23

2008-07-30 00:00:00

The Sadat Smriti Summer Open (Ranking) Badminton Competition, organised by Bangladesh Badminton Federation and sponsored by Sadat Smriti Sadan, will begin on August 23 at the Mirpur Shaheed Suhrawardy Indoor Stadium in the city, reports UNB.The competition will be held...

BSC invites scholarship application

2008-07-30 00:00:00

Bangladesh Scholarship Council (BSC) announced its 14th scholarship grant at the university level throughout the country for the year 2008-2009, reports UNB.A total of 250 scholarships will be distributed at Tk 12,000 each. The major fields of study include medicine,...

Visa, consular assistance, trade-investment facilities on info superhighway

2008-07-30 00:00:00

A British High Commission new website will display essential information for those applying for or sponsoring visas for the United Kingdom (UK), seeking consular assistance in Bangladesh and looking for advice about British or Bangladesh trade and investment opportunities.The website...

Govt moves to prepare maps of quake-prone areas

FE Report | 2008-07-30 00:00:00

The government in collaboration with the country's development partners has launched a project to prepare geological maps of Dhaka, Chittagong and Sylhet for identifying the most earthquake vulnerable areas in the cities, a senior official said Tuesday."We have planned to...

Early returns confirm strong lead for Hun Sen in Cambodia vote

2008-07-29 00:00:00

PHNOM PENH, July 28 (AFP): Cambodian Prime Minister Hun Sen took nearly 60 per cent of the vote in weekend elections, according to early returns, but observers said they could not yet declare the election free and fair. Initial returns...

Taka appears stronger, call rate steady

FE Report | 2008-07-29 00:00:00

Bangladesh taka (BDT) posted gain against the US dollar Monday in the inter-bank foreign exchange market due to lower demand for the greenback. The inter-bank call money rate, remained steady with upward bias because of sufficient cash flow in the...

Russia raises inflation forecast

2008-07-29 00:00:00

MOSCOW, July 28 (AFP): Russia has raised its inflation forecast for 2008 from 10.5 per cent to 11.8 per cent, Deputy Economic Development Minister Andrei Klepach said today, Interfax news agency reported.As in other parts of the world, Russia has...

NBR move to realise tax from evaders suffers setback

Doulot Akter Mala | 2008-07-29 00:00:00

The government's move to realise taxes evaded by suspected tax dodgers from their property seized by the authorities concerned has got stuck up in legal tangle.The National Board of Revenue (NBR) initiated the move on October last to issue demand...