FE Today Logo

Search results for:


M&A activity hits record in first half of 2007

2007-06-23 00:00:00

LONDON, June 22 (AFP): Merger and acquisition(M&A) activity in the first six months of 2007 hit a record, boosted by the battle for Dutch group ABN Amro and rapid growth of the private equity sector, a study showed today. The...

Zoellick obtains board support to lead World Bank

2007-06-23 00:00:00

WASHINGTON, June 22 (Xinhua):Robert B. Zoellick, U.S. President Bush's nominee for president of the World Bank, has secured the support of the bank's board of directors after his recent meetings with bank representatives around the world, The New York Times...

developments in the region and abroad

2007-06-23 00:00:00

Pakistan allegedly expanding N-plan ISLAMABAD, June 22 (AP): Satellite images show that Pakistan is building a new nuclear reactor that can produce weapons-grade plutonium, an American watchdog group said, warning that it could contribute to an atomic arms race with...

China to build strong relations with Bangladesh as a key policy matter

2007-06-23 00:00:00

BEIJING, June 22 (UNB): The Chinese government is committed to building strong ties with Bangladesh, which is a key part of its policy of fostering friendship and partnership with the neighbours, said Vice Foreign Minister Wu Dawei."Our relations are moving...

250th anniversary of Palassey tragedy today

2007-06-23 00:00:00

The historic 'Palassey Day' will be observed in the country today (Saturday), marking the 250th anniversary of the most painful and stigmatic tragedy in the national life, reports BSS. On this day (June 23) in 1757, the glorious sun of...

Indian FS arrives Sunday on a 3-day visit to Bangladesh

2007-06-23 00:00:00

Indian Foreign Secretary (FS) Shivshankar Menon arrives in the city tomorrow (Sunday) on a three-day visit as Dhaka and New Delhi are expected to sign a memorandum of understanding (MoU) to remove non-tariff barriers in bilateral trades, officials said, reports...

Bangladeshi UNDP official gets Vietnam awards

2007-06-23 00:00:00

Vietnam has presented two prestigious awards to Subinay Nandy, who has served as the acting country director of the United Nations Development Programme (UNDP) in Hanoi, reports BSS.On the eve of his departure, Nandy was presented with the Vietnam Friendship...

World Bank supports efforts to improve secondary education

2007-06-23 00:00:00

The World Bank approved Friday a US$ 100 million credit from the International Development Association (IDA) to support the Government of Bangladesh's efforts to deepen and sustain reforms in the education sector.An agreement in this connection will be signed today...

Jamaluddin's family hails Nizam's arrest

2007-06-23 00:00:00

CHITTAGONG, June 22 (bdnews24.com): Relatives of slain BNP leader and businessman Jamaluddin Chowdhury welcomed the arrest of former BNP lawmaker Sarwar Jamal Nizam. They said Friday they now can expect justice. "All obstacles to a proper trial for the killing...

Summer Solstice Day celebrated in city

2007-06-23 00:00:00

It was dark and disproportionate: a small comet. Scientists were bursting at the seams to touch it. Their eyes glittered with wonder, fingers trembled. But they were taken aback by people's ignorance when they got to know that villagers had...

Nine persons killed in separate incidents

2007-06-23 00:00:00

Nine persons were killed and many others injured in separate incidents in different places of the country during the last two days, report agencies.In Magura, a motorcyclist was killed in a road accident on the Magura-Jhenaidah Road at Alamkhali in...

Seven people arrested for cutting hills in Sylhet

2007-06-23 00:00:00

SYLHET, June 22 (UNB): As part of the ongoing drive against hill cutting, local administration arrested seven people on charge of hill cutting in the city and Golapganj Upazila Wednesday.The deputy commissioner and local UNO arrested two people at Dattarail...

Deep depression crosses north Andhra coast

2007-06-23 00:00:00

The monsoon deep depression moved west-northwestwards and crossed north Andhra coast near Machilipatnam at 12 noon Friday and centred as a land depression over Andhra Pradesh and adjoining area, reports UNB.It is likely to move in a northwesterly direction further...

CDA urges 965 owners to remove unauthorised parts of buildings

2007-06-23 00:00:00

CHITTAGONG, June 22 (UNB): Chittagong Develop-ment Authority (CDA) has served notices to 965 multi-storeyed building owners to remove unauthorised parts of their establishments by next 30 days.Sources said CDA served the notices Thursday and warned stern legal action if the...

BRAC spends Tk 2.5m annually for education

2007-06-23 00:00:00

FE Report BRAC spends Tk 2.5 million annually for improving the quality of education in Bangladesh, said BRAC Founder and Chairperson Fazle Hasan Abed."BRAC operates different programmes for development and we feel education is the most important, as it is...

EU summit locked in treaty deadlock

2007-06-23 00:00:00

BRUSSELS, June 22 (AFP): European Union leaders were locked in intense talks on the second day of a summit Friday seeking to break a deadlock with Britain and Poland over a new reform treaty. German Chancellor Angela Merkel, the current...

Iran has 100kg "enriched uranium materials"

2007-06-23 00:00:00

TEHRAN, June 22 (Reuters): Iran has 100 kg of enriched uranium material in storage, the interior minister was Friday quoted as saying, in comments that may worry Western powers who fear the Islamic Republic is seeking to build nuclear bombs....

Sporadic gunfire at Lebanon camp

2007-06-23 00:00:00

BEIRUT, Lebanon, June 22 (AP): Sporadic gunfire and occasional blasts were heard Friday from a Palestinian refugee camp in northern Lebanon, a day after Lebanon's defense minister declared that Islamic militants inside the camp were defeated and that major combat...

NKorea prepared to shut nuclear reactor: US envoy

2007-06-23 00:00:00

SEOUL, June 22 (AFP): US envoy Christopher Hill said Friday he has "useful and positive" talks on a rare visit to North Korea and the regime was prepared to shut down the reactor at the heart of its nuclear programme....

Musharraf's political future in doubt

2007-06-23 00:00:00

ISLAMABAD, June 22 (AP): From the dusty streets of Punjab to the privileged ranks of the ruling parliamentary party, the mood in Pakistan is turning against its military leader. President Gen. Pervez Musharraf's bungled attempt to oust the country's top...

Republican rebels vow to block immigration bill

2007-06-23 00:00:00

WASHINGTON, June 22 (AFP): Rebel Republicans vowed Thursday to use every legislative trick at their disposal to kill a fresh Senate bid to grant a path to eventual citizenship for 12 million illegal immigrants. The measure, part of a sweeping...

US troops detain 18 militants in Iraq

2007-06-23 00:00:00

BAGHDAD, June 22 (AP): US soldiers detained 18 suspected militants in raids targeting roadside bomb networks in the Baghdad area, a day after 14 more American troops were reported killed, most in powerful explosions that struck their armored vehicles. Iraqis...

NATO air strike kills 25 Afghan civilians

2007-06-23 00:00:00

KANDAHAR, Afghanistan, June 22 (AFP): A NATO air strike in southern Afghanistan early Friday killed 25 civilians, including nine women and three young children, a provincial police chief said. NATO's International Security Assistance Force (ISAF) confirmed its troops called in...

Rain forces shuttle to wait another day to land

2007-06-23 00:00:00

CAPE CANAVERAL, Florida, June 22 (AFP): Bad weather forced NASA to abandon plans to land the space shuttle Atlantis in Florida Thursday, keeping the ship's seven astronauts in orbit for at least another day. The shuttle had two windows of...

Sporadic gunfire at Lebanon camp

2007-06-23 00:00:00

BEIRUT, Lebanon, June 22 (AP): Sporadic gunfire and occasional blasts were heard Friday from a Palestinian refugee camp in northern Lebanon, a day after Lebanon's defense minister declared that Islamic militants inside the camp were defeated and that major combat...

Gates, Pace warn of tough fighting, higher casualties in Iraq

2007-06-23 00:00:00

WASHINGTON, June 22 (AFP): US Defense Secretary Robert Gates said Thursday US forces face more tough fighting in Iraq and his top military adviser said the rising level of violence was the "wrong metric" for judging the surge. The comments...

weekly currency roundup

2007-06-23 00:00:00

Commercial Bank of CeylonJune 17 - June 21, 2007Local USD BDT market was eventful last week. Total volume of transaction was around USD 68.43 million against USD 77.10 million in the previous week.Average volatility of USD BDT rate throughout the...

Call rate eases marginally

2007-06-23 00:00:00

Sarwar ZahanThe inter-bank call money rate marginally eased last week in an active market despite withdrawal of large amounts of cash through auctions reverse repurchase agreement (repo), treasury bills and Bangladesh Bank (BB) bills, fund managers said.The central bank, on...

Bangladesh-Sri Lanka A 3-dayer drawn

2007-06-23 00:00:00

Sri Lanka A raced to 170 for 4 in just 36.3 overs before rain caused play to be abandoned on the final day of their game against Bangladesh at the Colts Cricket Club ground in Colombo Friday, reports Cricinfo. After...

Navy, Dhaka, Patuakhali win

2007-06-23 00:00:00

Bangladesh Navy blanked Narayanganj 3-0 in the Salton Pharmaceuticals National Hockey Championship at Moulana Bhasani National Hockey Stadium in the city Friday, reports BSS.Bulbul Islam pulled off the lead for Navy with his seventh minute strike, while Mamun Hossain gave...