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Overnight rain delays start

2007-06-25 00:00:00

Heavy overnight rain has delayed the start of the one-off one-day international (ODI) between hosts Ireland and South Africa at the Civil Service Club in Stormont. The outfield was fairly wet, and the umpires and match officials have decided to...

Banks to remain open on June 29-30 (Friday-Saturday)

2007-06-25 00:00:00

Hamas finding the governance seat hot

2007-06-25 00:00:00

Peter Hirschberg from JerusalemKhaled Mashaal sounded anxious. Almost panic-stricken. The exiled Hamas leader insisted his Islamic movement had no intention of taking over the Palestinian Authority, that they recognised Mahmoud Abbas as their President, and that they wanted to work...

Women's quotas -- no magic formula but a start

2007-06-25 00:00:00

Lee Corporal from BangkokSetting quotas designed to have more women in politics and government may not have been the magic formula for more balanced political representation in many countries, but it has certainly been a key first step in many...

UN slams scheduled public stoning

2007-06-25 00:00:00

Thalif Deen from the United NationsThe United Nations Wednesday lashed out at the scheduled public stoning of a man and woman charged with adultery in Iran.The stoning, which was to have taken place Thursday in a public square in a...

Fund managers' taxes may rise as Senate targets fees stratagem

2007-06-25 00:00:00

Ryan J. DonmoyerHedge-fund and private-equity managers, already under congressional scrutiny for the lower tax rate they pay on their profits, may also be targeted for a strategy they use to pay less on their management fees. Congressional aides say the...

Railway's exposed rot

2007-06-25 00:00:00

COMMUNICATION Adviser Major General (Retd.) M.A Matin clearly described a matter of fact when, after a meeting with its senior officials a few weeks ago, he remorsefully said that the Railway was not sinking but it had already sunk. His...

Biman's problem lies not in name but somewhere else

2007-06-25 00:00:00

Shamsul Huq ZahidThe government with a view to helping the national airliner get back its lost image (?), reportedly, along with other initiatives has decided to drop the word, 'Biman' from its name. After the promulgation of a new ordinance--...

China raises tension in India dispute

2007-06-25 00:00:00

Jo Johnson and Richard McGregorINDIA'S strengthening ties with the US are the cause of China's increasingly aggressive position over the disputed India-China border in the eastern Himalayas, according to security affairs analysts in both countries.The two fast-growing economies have co-ordinated...

Landless population and poverty

2007-06-25 00:00:00

Abdul HaqueBANGLADESH still has a largely agrarian feature with the greater part of the population remaining tied to agriculture and living in rural areas. The economy has diversified a great deal over the last two decades. However, notwithstanding industrialisation and...

Save Ramna Park

2007-06-25 00:00:00

ATTACKS on the environment are nothing new. Hardly a person can be found who did not afflict any damage to it. But the influential people and some quarters can be blamed more for the destruction to the nature and environment....

Sustainable poverty reduction

2007-06-25 00:00:00

WHEN the first poverty survey was carried out in 1973-74, about 70 per cent in the population of Bangladesh were seen as hard pressed to obtain two square meals per day. In 1991-92, the percentage of such people came down...

Business heads urge Asia to start showing global leadership

2007-06-25 00:00:00

SINGAPORE, June 24 (AFP): Asia must start to take a leading role in tackling pressing global issues including climate change, business chiefs said today at the World Economic Forum (WEF) on East Asia. The region's increased economic might has resulted...

Thailand looks to India to balance China's economic weight

2007-06-25 00:00:00

BANGKOK, June 24 (AFP): Thailand's army-installed prime minister heads to India Monday in a bid to speed up a free trade deal, which Bangkok hopes will help counterbalance China's growing weight as a trading partner. Premier Surayud Chulanont aims to...

Sarkozy calls on US, China, to open markets

2007-06-25 00:00:00

LE BOURGET, France, June 24 (AFP): French President Nicolas Sarkozy yesterday called on the United States and China to open their markets to outside competition. "Do you want us to open our markets, well, we will open them the minute...

Myanmar garment exports 'dire' because of US sanctions

2007-06-25 00:00:00

YANGON, June 24 (AFP): Myanmar's garment exports declined again last year under the weight of US sanctions, an industry group said, amid questions about whether the measures will persuade the military regime to reform. "Our garment exports are still going...

Indian appetite for loans undiminished by higher costs

2007-06-25 00:00:00

BANGALORE, India, June 24 (AFP): Vishal Virani, an entrepreneur who supplies storage shelves to automaker Toyota, plans to borrow almost 100,000 dollars to buy an apartment in the southern Indian city of Bangalore. The 33-year-old is paying back two other...

Vindicated on economy, Fed likely to extend pause

2007-06-25 00:00:00

WASHINGTON, June 24 (AFP): Amid growing signs of a US economic rebound taking root, the Federal Reserve appears likely to hold interest rates steady again at its upcoming policy meeting, analysts say. The central bank, which has consistently highlighted inflation...

China, S Arabia to boost engineering project cooperation

2007-06-25 00:00:00

RIYADH, June 24 (Xinhua): Chinese construction enterprises can tender for projects directly in Saudi Arabia, according to an agreement signed by China and Saudi Arabia yesterday. The memorandum of understanding on engineering project cooperation, signed by Vice Minister of Municipal...

Bush risks losing trade powers after talks collapse

2007-06-25 00:00:00

WASHINGTON, June 24 (AFP): US President George W Bush risks losing his special trade negotiating powers after talks between four key players in the World Trade Organisation (WTO) collapsed this week, analysts said. Progress in the talks, which collapsed Thursday...

Asian currencies mixed against dollar

2007-06-25 00:00:00

HONG KONG, June 24 (AFP): Asian currencies ended the week mixed against the US dollar, with the yen tumbling to a 4.5- year low on interest rate differentials but the Australian dollar soaring to an 18-year high. JAPANESE YEN: The...

New oil discoveries turn spotlight back to west Africa

2007-06-25 00:00:00

ABIDJAN, June 24 (AFP): Western and emerging Asian powers so keen to diversify oil supply sources to feed growing needs have recast their attention to west Africa following the latest discovery of new potential reserves. British oil and gas company...

Made-in-China fears grip US

2007-06-25 00:00:00

WASHINGTON, June 24 (AFP): China, a traditional source of cheap goods, has become an alarmingly top exporter of tainted and dangerous products to the United States, triggering concerns among consumers and regulators. Reports of tainted pet foods, dangerous toys, fake...

Nepali govt for single milk price

2007-06-25 00:00:00

KATHMANDU, June 24 (Xinhua): The Nepali government has decided to fix the price of milk at 29 Nepali rupees per liter throughout the year, local newspaper The Kathmandu Post reported today. This decision was made on receiving severe pressure from...

Mobile devices ripe targets for spies

2007-06-25 00:00:00

SAN FRANCISCO, June 24 (AFP): Privacy advocates warn that the shift to using handheld devices for email, telephone calls and Internet searches has created a global gold mine for snoops and spies. Le Monde newspaper has reported that government officials...

SKorea recovers natural gas hydrate

2007-06-25 00:00:00

SEOUL, June 24 (AFP): South Korea said today it has successfully recovered samples of natural gas hydrate, a potential future energy source, from the floor of the Sea of Japan (East Sea). The samples were collected last week at a...

World wine sales brisk, but French producers hungover

2007-06-25 00:00:00

BORDEAUX, France, June 24 (AFP): If visitor numbers to trade shows are an indicator of an industry's health, then the turnout for this year's Vinexpo, the world's biggest wine and spirits fair, confirms the sector is doing nicely, if not...

Moitra joins DSE as CFO

2007-06-25 00:00:00

Satipati Moitra joined the Dhaka Stock Exchange (DSE) as chief financial officer (CFO) recently.A professional accountant, Moitra was the president of Institute of Cost and Management Accountants of Bangladesh (ICMAB) in 2006.Prior to join DSE, he held senior positions in...

IBCCI urges govt to set up EPZ for Indian investors

2007-06-25 00:00:00

FE ReportThe India-Bangladesh Chamber of Commerce and Industry (IBCCI) requested the Finance Adviser to set up a special Export Processing Zone (EPZ) in the country, where Indian investors will be given preference.IBCCI also stressed upon the need for maximising the...

IIDFC arranges Tk 1b syndicated loan for BRAC

2007-06-25 00:00:00

FE ReportA signing ceremony of syndicated short-term credit facility of Tk 1.0 billion for BRAC was held at a city hotel recently.IIDFC, as the lead arranger, managed the fund for financing BRAC's integral micro-credit programmes.This is so far the largest...