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Thrust on steps to enhance export

FE Report | 2008-08-05 00:00:00

The Dhaka Chamber of Commerce and Industry (DCCI) and SEQUA, Germany jointly organised a meeting of entrepreneurs with consultants of DCCI at its auditorium recently.DCCI Senior-vice President Salahuddin Ahmed said, "we should export agriculture goods, jute, goods, leather goods and...

China considers banks for small businesses

2008-08-05 00:00:00

SHANGHAI, Aug 4 (AFP): China is considering establishing state-backed banks focused on lending to small and medium-sized businesses to help boost economic growth, state media reported today.The proposal aims to help capital-hungry small and medium-sized firms through hard times and...

Kevin Pietersen confirmed as England captain

2008-08-05 00:00:00

Kevin Pietersen has been swiftly appointed as Michael Vaughan's successor as Test captain, while also taking the one-day leadership after Paul Collingwood handed in his notice yesterday following Vaughan's departure.Pietersen, one of the few members guaranteed to be a key...

Sharmin to attend Beijing as G4S' brand ambassador

2008-08-05 00:00:00

G4S, a global security solutions group, has selected Sharmin Akhter, a top seed Bangladeshi shooter, as the company's brand ambassador in the coming Beijing Olympic 2008, reports UNB.G4S has taken the initiative as part of its six-year innovative global sports...

Outcome better than expected, says Sohul

2008-08-05 00:00:00

Election commissioner Muhammed Sohul Hussain said Monday the elections to four city corporations and nine municipalities yielded a better outcome than expected.Speaking to bdnews24.com at the main election office in Dhaka, Sohul said: "We have got a better performance in...

GP-BCB Academy team leave for South Africa

2008-08-05 00:00:00

A 14-member GP-BCB National Cricket Academy team left Dhaka for South Africa Monday morning to play two four-day and three one-day matches, reports UNB.All-rounder Suhrawardy Shuvo will lead the Bangladesh Academy team during the three-week tour to South Africa, while...

ACC won't accept TAC's compromise with big corruption: Mashhud

2008-08-05 00:00:00

Anti-Corruption Commission (ACC) Chairman Lt Gen (retd) Hasan Mashhud Chowdhury Monday said that it would not be acceptable to the ACC if the Truth and Accountability Commission (TAC) compromises with any big corruption, reports UNB."If any big corruption is compromised...

Iran tests naval weapon with 300 km range

2008-08-05 00:00:00

TEHRAN, August 4 (Reuters): Iran's Revolutionary Guards said Monday they had tested a naval weapon that could destroy any vessel in a range of 300 km (190 miles), Iranian media reported.The comments are likely to stoke tensions over Iran's disputed...

SA's Steyn to miss fourth Test

2008-08-05 00:00:00

LONDON, Aug 4 (AFP): South African Dale Steyn has been ruled out of this week's fourth Test against England at the Oval but should be back for the one-day series, BBC reported Sunday.The 24-year-old paceman suffered a fracture to the...

India may allow export of non-Basmati rice to Africa

2008-08-05 00:00:00

NEW DELHI, Aug 4 (PTI): With the area under paddy cultivation increasing, the government is mulling at allowing exports of about three million tonnes of non-basmati rice to African countries after November.Currently, export of non-basmati rice is banned to ensure...

Govt loosens grip on border trade with Myanmar to build rice stock

FE Report | 2008-08-05 00:00:00

The government has increased the border trade limit to US$ 2.0 million (20 lakh) for import of rice from Myanmar in a single consignment under government management without opening letters of credit (L/Cs).But the ceiling of border trade, maximum $35,000...

Unilever working for 'betterment of society'

Our Correspondent | 2008-08-05 00:00:00

CHITTAGONG, Aug 4: Unilever Bangladesh is adding vitality to life not only through its brands but also, more importantly, through its direct community involvement."We have engaged ourselves in various community development work through various projects. It is our responsibility to...

Voters of Khulna PTI centre fail to cast vote due to faulty voter list

2008-08-05 00:00:00

KHULNA, Aug 4 (UNB): A number of voters who had been waiting in the queue at Primary Teachers Training Institute (PTI) centre from Monday left the centre without casting their votes due to faulty voter list.There are 4,282 voters in...

Fresh WTO talks must wait until next year

2008-08-04 00:00:00

PARIS, Aug 3 (Agencies): Any new attempt to grasp the grail of a world trade pact will probably have to wait until next year, after elections in the United States and India, despite some calls for more talks now, economists...

Smith's unbeaten 154 takes S Africa to victory

2008-08-04 00:00:00

BIRMINGHAM, England, Aug 3 (AFP): South African captain Graeme Smith hit what he described as the best century of his career to lead his team to a series-clinching victory on the fourth day of the third Test against England at...

Taliban rebels kill nine policemen, soldiers in Pakistan

2008-08-04 00:00:00

PESHAWAR, (Pakistan), Aug 3 (AFP): Pro-Taliban militants Sunday claimed responsibility for a bomb that killed six policemen and three paramilitary soldiers in northwestern Pakistan's troubled Swat valley.Officials said the remote-controlled bomb, which also wounded five policemen, was set off as...

Japan-Bangladesh Printing, Papers goes into production this month

FE Report | 2008-08-04 00:00:00

The country's first and sole privately run security printing company "Japan-Bangladesh Printing and Papers Limited" starts its production commercially from this month aiming to provide international standard security printing, offset printing as well as pre- press and post-press system.A concern...

US becomes top producer of wind power

2008-08-04 00:00:00

LOS ANGELES, Aug. 3 (Xinhua): The United States has become the world's leading wind power producer and is expected to see rapid growth in places like Texas, the Great Plains and California, according to figures released yesterday.The US wind industry...

Asian currencies mostly down against dollar

2008-08-04 00:00:00

HONG KONG, Aug 3 (AFP): Asian currencies ended the week mostly down against the dollar amid continued jitters about the state of the US economy, dealers said.JAPANESE YEN: The Yen was at 107.43 to the dollar in Tokyo late Friday,...

Leaders agree to operate food bank

2008-08-04 00:00:00

South Asian heads of state agreed Sunday to begin operating the SAARC Food Bank, to guarantee food security in the region in view of the global food crisis and price hike of grains, report bdnews24.com/UNB.The leaders of the 8-member regional...

Amended rules create trouble for banks over bond calculation

Siddique Islam | 2008-08-04 00:00:00

Banks are facing difficulties in calculation over government-approved securities as the central bank has amended rules allowing the on-cash-basis accounting method instead of the accrual basis method.On May 26 last, the Bangladesh Bank (BB) amended its rules relating to the...

Malaysia's Proton develops new hybrid car

2008-08-04 00:00:00

KUALA LUMPUR, Aug 3 (AFP): Malaysia's state-owned carmaker Proton is developing a new, fuel-efficient hybrid car to beat rising costs and address environmental concerns, reports said Sunday.Prime Minister Abdullah Ahmad Badawi told the state Bernama news agency he had already...

Russian firms not interested in TNK-BP stake

2008-08-04 00:00:00

MOSCOW, Aug 3 (AFP): State-owned Russian gas and oil giants Gazprom and Rosneft do not intend to buy a stake in the Russian-British oil group TNK-BP currently in the grip of a shareholder conflict, a government official said yesterday.Questioned on...

Community management in rural Bangladesh

Fowzia Gulshana Rashid Lopa | 2008-08-04 00:00:00

In Bangladesh, community management is now increasingly used to refer to the need to increase sustainability and coverage by creating institutional supports for community-managed services, using a learning approach that includes all relevant stakeholders and allows for local context. However,...

National Summer Athletic begins Aug 27 in city

2008-08-04 00:00:00

The 10th National Summer Athletic, organised by Bangladesh Athletics Federation (BAF), will be held on Aug 27-28, at the Bangabandhu National Stadium.All District Sports Associations and universities affiliated with the BAF have already been advised to submit their entry by...

Experts favour proper real estate law to protect flat buyers' interests

Jasim Uddin Haroon | 2008-08-04 00:00:00

Experts and a cross section of people have suggested enactment of a law for the real estate sector protecting the interests of flat buyers.The country has no legal provisions to protect the interest of flat buyers who are often cheated...

Citycell Fed Cup draw

2008-08-04 00:00:00

The ceremonial draw for the 16-team final round of the season's curtain raiser football meet, the Federation Cup Football Tournament, was held Sunday afternoon amid huge enthusiasm among football lovers, reports UNB.The first professional league (B League) champions Dhaka Abahani...

Nepal trains workers selected for employment in S Korea

2008-08-04 00:00:00

KATHMANDU, Aug 3 (Xinhua): Nepali government has started providing orientation training to workers who have been chosen in the final selection for employment to South Korea, the National News Agency RSS reported today.The employment promotion system (EPS) section of the...

corporatewatch

2008-08-04 00:00:00

SEC denies Titas Gas applicationThe Securities and Exchange Commission (SEC) has refused to consider the time extension application of Titas Gas for offloading 10 per cent shares of the existing paid-up capital as per Regulation 5 of DSE Direct Listing...

Truth Commission starts functioning

2008-08-04 00:00:00

The much-talked about Truth and Accountability Commission (TAC) started functioning Sunday and released a public notification detailing the Commission's activities and how the corrupt could take the advantage of clemency, reports UNB.According to the notification, the corrupt individuals, intending to...