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Federer advances to 3rd round

2008-08-31 00:00:00

NEW YORK, Aug 30(AFP): Roger Federer defeated Thiago Alves 6-3, 7-5, 6-4 in the second round of the US Open Friday as he attempts to salvage a season where he has yet to win on hardcourts.Federer extended his US Open...

Palm oil plays important role in meeting edible oil demand in Bangladesh

2008-08-31 00:00:00

A. K. M. Fakhrul AlamDESPITE substantial rise in the price of edible oils in the international market in 2008, import volume of palm oil in Bangladesh increased substantially due to its competitive price compared to soyabean oil. During Jan-July period...

Dollar crisis hits Rajshahi banks hard

Our Correspondent | 2008-08-31 00:00:00

RAJSHAHI, Aug 30: Banks in Rajshahi for about a month is facing an acute shortage of dollar.Unsafe transport system and closure of the system of endorsements by the money changers have been identified as the main causes of this dollar...

British economy facing 'worst downturn in 60 years'

2008-08-31 00:00:00

LONDON, Aug 30 (AFP): The British finance minister has warned the country is facing "arguably the worst" economic downturn in 60 years and says it will be "more profound and long-lasting" than people had expected.Chancellor of the Exchequer Alistair Darling...

Google tests: what a difference a few pixels make

Stephen Shankland | 2008-08-31 00:00:00

In the old days, designers often had little more than gut checks and rules of thumb to determine the efficacy of creations such as advertisements or newspaper layouts. Later came expensive eye-tracking tests that showed how people scanned pages or...

Oil prices bounce above $120 on US storm concerns

2008-08-31 00:00:00

LONDON, Aug 30 (AFP): Oil jumped briefly back above 120 dollars per barrel this week before turning lower in choppy trade that was driven by US storm worries and tensions between Russia and the West, traders said.Precious metal gold benefited...

Meghna Life approves 25pc stock dividend

2008-08-31 00:00:00

Meghna Life Insurance Company Limited approved 25 per cent stock dividend for the year 2007.The approval was given at the 12th annual general meeting of the company, held in the city recently.Chairman of the company Nizam Uddin Ahmed presided over...

European stocks close higher

2008-08-31 00:00:00

LONDON, Aug 30 (Agencies): European stock markets closed higher Friday, holding on to modest gains despite losses on Wall Street after US consumer spending figures dented hopes the economy was nearing recovery.Dealers said Europe got off to a good start...

'I will never resign,' says besieged Thai PM

2008-08-31 00:00:00

BANGKOK, Aug 30 (Reuters): Thai Prime Minister Samak Sundaravej said Saturday he would not quit in the face of growing protests aimed at toppling his seven-month-old government.Speaking at an official event, Samak said he had requested an audience with Thailand's...

Most of landless deprived of UNDP's construction facility

Our Correspondent | 2008-08-31 00:00:00

KURIGRAM, Aug 30: Most of the landless and ultra-poor families have been deprived of the construction facility funded by UNDP. Only 254 of those families in three upazilas have received assistance in the form of house construction but without water...

BDR, BSF sign deal on joint patrolling

2008-08-31 00:00:00

Border forces of Bangladesh and India in a meeting in Panchagarh Saturday entered into an agreement on joint patrolling to curb trans-border terrorism, drug smuggling, trafficking in women and children, and intrusion, reports UNB.The Bangladesh Rifles (BDR) and the Indian...

Impact of foreign aid on development

Fowzia Gulshana Rashid Lopa | 2008-08-31 00:00:00

THE concept of foreign aid was floated in the 1950s as part of post World War II economic development theory, to fill 'domestic saving gaps'. It involved a massive transfer of capital and technical assistance from the developed to the...

50 injured in fierce clash in B'baria

2008-08-31 00:00:00

BRAHMANBARIA, Aug 30 (UNB): At least 50 persons were injured in a fierce clash between two groups at a local market in the district town Saturday.Witnesses said an altercation ensued at 10:00 am between a buyer and a vegetable seller...

Price hike caps China's export-oriented textile enterprises

2008-08-31 00:00:00

BEIJING, Aug. 30 (Xinhua): Price push is mounting up to the ceiling for China's textile enterprises as the present market shrinkage goes on worldwide.In January-July period, the composite price index for textile export rose only 3.52 per cent with export...

Govt to choose 'lead donor' agency today

FE Report | 2008-08-31 00:00:00

The caretaker government will choose today (Sunday) a 'lead donor' agency from among the ADB and the World Bank (WB), which is crucial for timely construction of Padma Bridge, ministry officials said.Finance and planning adviser Mirza Azizul Islam and communication...

India's cheap car plant remains shut, Tata mulls plant's future

2008-08-31 00:00:00

SINGUR, India, Aug 30 (AFP): Protests against a factory being built in eastern India to make the world's cheapest car forced a halt to work for a second day today as vehicle giant Tata Motors mulled the plant's future."There has...

news digest

Three Afghan civilians killed | 2008-08-31 00:00:00

at German checkpointKABUL, Aug 30: Afghan and German troops killed two children and a woman by opening fire on cars that failed to stop at a checkpoint, German and NATO forces said Friday, in the latest of a string of...

BNP not a party of entente: Delwar

2008-08-31 00:00:00

BNP Secretary General Khondoker Delwar Hossain said Saturday that they did not make any underhand deal with the caretaker government and the meeting with BNP chairperson Khaleda Zia inside the makeshift jail was not wrong, reports UNB."We are not a...

320 tax payers to be honoured Sept 14

FE Report | 2008-08-31 00:00:00

The National Board of Revenue (NBR) has selected 320 of the highest and longest period tax payers from 64 districts of the country to give them awards for their contribution to the national exchequer, its chairman said on Saturday.He said...

Toshiba Portege G910 PDA phone

2008-08-31 00:00:00

While still functioning as a phone, the G910 is designed more like a palmtop computer, and retains the Portege moniker used for Toshiba's laptops. It is a clamshell PDA-phone that runs on Windows Mobile 6 Professional and is designed for...

PKSF signs MoU with IC

2008-08-31 00:00:00

A memorandum of understanding (MoU) was signed between Palli Karma-Sahayak Foundation (PKSF) and Inter-Cooperation (IC), Bangladesh recently with a view to raising services for the poor in rural areas, reports BSS.Deputy Managing Director of PKSF Mosharraf Hossain Khan and Representative...

NCC Bank opens branch at Bijoynagar

FE Report | 2008-08-31 00:00:00

National Credit and Commerce Bank (NCC) Bank Limited inaugurated its 54th branch at Bijoynagar in the city Thursday.Chairman of the bank Tofazzal Hossain inaugurated the branch as the chief guest.Managing Director of the bank Md Nurul Amin presided over the...

Fake army man arrested in city

2008-08-31 00:00:00

Police at Sayedabad area Saturday arrested a man, who had allegedly kidnapped a hotel employee introducing himself as a soldier, reports UNB.Arif Hossain (20), son of late Shahbuddin and resident of South Kutubkhali under Jatrabari police station, came to Swagatom...

Spain to invest $35m to help clean Acapulco bay

2008-08-31 00:00:00

MEXICO CITY, Aug 30 (AFP): Spain will invest 35 million dollars to help clean up the water in Mexico's famed Acapulco bay, a popular tourist destination, according to the water commission of Mexico.Mexico is already investing 21 million dollars in...

New private ICD in Ctg becomes fully operational

From Jasim Uddin Haroon | 2008-08-31 00:00:00

PATENGA (Chittagong), Aug 30: Incontrade, a private inland container depot (ICD) in the port city built at a cost of Tk 1.0 billion, is now fully ready to handle empty, as well as export and import containers, its owners said...

Natixis bank shareholders approve capital increase

2008-08-31 00:00:00

PARIS, Aug 30 (AFP): Shareholders in French investment bank Natixis Friday approved a planned 3.7 billion euros (US$5.44 billion) capital increase to repair the damage caused by the US subprime home loan crisis.Despite vocal opposition from some shareholders, the vote...

SJIBL holds 95th board meeting

FE Report | 2008-08-31 00:00:00

The 95th meeting of the board of directors of Shahjalal Islami Bank Limited (SJIBL) was held at its board room in the city recently.The meeting was presided over by the Chairman of' the Board of Directors Akkas Uddin Mollah. The...

Quotes

Albert Einstein Quotes | 2008-08-31 00:00:00

Imagination is more important than knowledge.Knowledge is limited. Imagination encircles the world.

G8 lacks influence without India, China: Putin

2008-08-31 00:00:00

NEW YORK, Aug 30 (PTI): Russian Prime Minister Vladimir Putin has said G8, the group comprising eight biggest industrial nations of the world, does not carry enough weight and influence without the presence of emerging economies like India and China.Without...

Do good things

2008-08-31 00:00:00

Our life is short. We must utilise it to do good things. We should do everything for human welfare.Habibur Rashid IslamilJamea Rahmania Fadil MadrasahP.O. Choitenyar HatChittagong