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Australia announces 'more humane' refugee policy

2008-07-30 00:00:00

SYDNEY, July 29 (AFP): Australia today announced a "more humane" policy towards refugees, saying most asylum seekers will no longer be automatically locked up when they arrive in the country.The move by Prime Minister Kevin Rudd's centre-left Labor government, which...

Govt move to finance waste treatment plant bogs down

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

A government initiative to finance a waste treatment plant has apparently bogged down for the time being due to escalation of cost by nearly five times impeding relocation of tanneries to leather industrial estate in Savar by 2010.In the original...

Fake doctor held after death of infant in Magura

2008-07-30 00:00:00

MAGURA, July 29 (UNB): The police arrested a fake physician and the owner of a clinic from the district town Monday following the death of a newborn baby due to alleged wrong treatment.The police said Taposi Rani, wife of Gosai...

Japan's jobless rate hits near two-year high

2008-07-30 00:00:00

TOKYO, July 29 (AFP): Japan said today its unemployment rate hit a near two-year high in June while consumer spending declined, raising concerns that the worsening business climate is hurting the overall economy.Soaring energy and raw material costs are making...

US budget deficit to hit record $482b

2008-07-30 00:00:00

WASHINGTON, July 29 (AFP): The US government's budget deficit is expected to balloon to a record 482 billion dollars in the next fiscal year, largely due to an emergency economic stimulus and a slowing economy, a White House report showed...

China should expand scope of offsetting betweenn turnover tax, VAT

2008-07-30 00:00:00

BEIJING, July 29 (Xinhua): China should expand the scope of mutual offsetting between turnover tax and value-added tax (VAT) for the purpose of promoting technological advancement and industrial innovation, according to Xu Shanda, former deputy director of China's state administration...

Overcrowded prisons

2008-07-30 00:00:00

YOUR paper on many occasions wrote about prison reforms. But we think the write-ups did not produce the expected result. The country's prisons are highly overcrowded as reported by the jail authorities. There are over 87,000 inmates in the jails...

Sarkozy not ruffled by wife's nude shots

2008-07-30 00:00:00

NEW YORK, July 29 (AFP): French President Nicolas Sarkozy's pop star wife Carla Bruni-Sarkozy would like to have children with her new husband, she said in an interview with a US magazine released Monday."I'd love to have children with Nicolas....

Harmison ignores furore over recall

2008-07-30 00:00:00

BIRMINGHAM, England, July 29 (AFP): Stephen Harmison is confident he will be able to focus on the task in hand should his recall to the England squad see him in action against South Africa in the third Test at Edgbaston...

Investment in saving tools declines by 39pc in FY'08

Doulot Akter Mala | 2008-07-30 00:00:00

Investment in saving tools by small savers declined by 39 per cent in fiscal 2007-08 as much of the fund flowed into more lucrative stock market, officials said.The National Savings Directorate (NSD) received net investment worth Tk 25.16 billion in...

'Thank God, our farmers were untaught'

Maswood Alam Khan | 2008-07-30 00:00:00

OFTEN when I reflect my face on a mirror I wonder what my ancestors did for their living, say, 400 years back! Given the texture and colour of my dark skin, my body size and my idiosyncrasies, I guess my...

Zimbabwe crisis talks deadlocked

2008-07-30 00:00:00

JOHANNESBURG, July 29 (AFP): Negotiations in South Africa aimed at ending the political crisis in neighbouring Zimbabwe are deadlocked, opposition leader Morgan Tsvangirai's spokesman told AFP Tuesday."The talks are in a deadlock," said George Sibotshiwe, chief spokesman for the Movement...

OPEC chief says current oil prices 'abnormal'

2008-07-30 00:00:00

JAKARTA, July 29 (AFP): Crude oil prices above 120 dollars a barrel are "abnormal" and could fall to around 78 dollars under the right circumstances, OPEC President Chakib Khelil said here today."If the dollar continues to strengthen and the political...

RBI hikes key interest rate

2008-07-30 00:00:00

MUMBAI, July 29 (AFP): Reserve Bank of India (RBI) today raised its key short-term lending rate by half-a-percentage point in an aggressive bid to tame inflation riding at a 13-year high, pushing shares down sharply.Indian shares slumped 3.6 per cent...

Islami Insurance holds its 8th AGM

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

The 8th annual general meeting (AGM) of Islami Insurance Bangladesh Limited was held at its head office in the city recently.Chairman of the company Mohammad Sayeed presided over the meeting. Directors, Managing Director Md Zainul Huda, Additional Managing Director Md...

Bangladesh Police move into final

2008-07-30 00:00:00

Bangladesh Police moved into the final of the Design Zone 2nd Office Handball League beating all- losers Prisons Directorate by 44-13 goals in the last league match at the Outer Stadium Handball ground in the city Tuesday, reports UNB.The winners...

Prime Bank opens ATM booth at Feni

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

Prime Bank Limited opened its ATM booth at Feni Monday.Prime Bank Acting Managing Director Nasiruddin Ahmed inaugurated the booth.SEVP Md Jasim Uddin, EVP Habibur Rahman, SVP (IT) Md lqbal Hossain, SVP (Card) Adil Raihan and SVP (Marketing) Ehsan Habib were...

Apparel industry faces new challenge of taka appreciation

2008-07-30 00:00:00

The country's apparel industry is exposed to a new threat with the taka strengthening against US dollar, reports UNB.If the appreciation of taka continues for long, it may weaken the recent rebound in apparel exports, exporters said.They said that dollar...

Bringing private universities under closer scrutiny

2008-07-30 00:00:00

We are regularly reading stories in the newspapers about irregularities in the private universities. In fact, there is much allegation against some private universities. These universities usually demand high tuition fees. But their quality of teaching is too poor. What...

Hackett believes Phelps can win eight golds

2008-07-30 00:00:00

KUALA LUMPUR, July 29(AFP): Australian swimming great Grant Hackett said Tuesday he believes American Michael Phelps could beat Mark Spitz's record haul of seven gold medals at an Olympic Games.Phelps has set his sights on bettering Spitz's historic 1972 tally...

Japan beat Argentina 2-0 in Olympic tune up

2008-07-30 00:00:00

TOKYO, July 29 (AFP): Forwards Shinobu Ono and Yuki Nagasato scored one goal each to give Japan a 2-0 win over Argentina Tuesday in a women's tune-up match for the Beijing Olympics.Midfielder Aya Miyama sent a perfect cross from the...

India's batting pride at stake in Murali's den

2008-07-30 00:00:00

GALLE, Sri Lanka, July 29 (AFP):India's batting reputation will be at stake when they attempt to solve Sri Lanka's spin puzzle in the second Test starting here Thursday.The tourists collapsed twice in the opening match of the three-Test series in...

HC halts appointment under Attorney Service Ordinance

2008-07-30 00:00:00

The High Court (HC) Tuesday slapped a three-month stay order on new appointments under the new Attorney Service Ordinance, reports bdnews24.com.The order came after three Supreme Court lawyers filed a writ petition to challenge the legality of the ordinance, promulgated...

Ten unexploded bombs found in Indian city

2008-07-30 00:00:00

AHMEDABAD, (India), July 29 (Reuters): Police found ten unexploded bombs in the western Indian city of Surat, one of the world's biggest diamond-polishing centers, Tuesday, three days after a series of bombs in the same state killed 45 people."We have...

DBI course ends

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

A five-day training course on 'Tour management for tour operators' by DCCI Business Institute (DBI) concluded on its own premises recently.Dhaka Chamber of Commerce and Industry (DCCI) Director Mohammad Sharfuddin was the chief guest of the closing ceremony. Experienced resource...

Parliament polls in Dec this year: CEC

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

Chief Election Commissioner (CEC) Dr A T M Shamsul Huda categorically said on Tuesday that the parliament election would be held in December this year."There is no reason of a shift in election time unless any unusual things happen," Huda...

Bumper Aman output in N dists likely

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

RANGPUR, July 29: The farmers of Rangpur and Dinajpur districts are expecting bumper production of Aman paddy this year. And most of them have already prepared their lands, sources said.According to District Agriculture Extension (DAE), Rangpur, a total of 10,22,000...

Dollar gains ground, call rate unchanged

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

The US dollar gained ground against Bangladesh taka (BDT) Tuesday in the inter-bank foreign exchange market on higher demand for the greenback. The inter-bank call money rate, however, maintained steady level despite injection of fresh cash into the active market,...

Delwar refutes adviser's claim

2008-07-30 00:00:00

BNP Secretary General Khandakar Delwar Hossain claimed Tuesday that he had had no discussion with the government on dialogue and release of Khaleda Zia, reports UNB."BNP chairperson is in jail. I'm the party's secretary general. I had no discussion with...

Dacoits snatch arms stabbing constable in Mymensingh

2008-07-30 00:00:00

MYMENSINGH, Jul 29 (UNB): Dacoits snatched away a shotgun from a police constable after stabbing him on the Gafargaon-Hossainpur Road in Gafargaon Upazila Monday night.The police said the dacoits shone torchlight on a team of four policemen while patrolling Hossainpur...