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China gold-medal winners get $50,000

2008-08-27 00:00:00

BEIJING, Aug 26 (AFP): China's Olympic gold medallists will get cash rewards of 350,000 yuan (51,000 dollars), nearly twice the amount given for the Athens 2004 Games, state media reported today.The figure was given by Xiao Shan, deputy head of...

Chamber leaders see coal as only option to resolve power crisis

2008-08-27 00:00:00

Business leaders of different chamber bodies of northern districts at a discussion in the city urged the government Monday to move to develop the Phulbari coal mine without any further delay, reports UNB.They saw the huge coal reserve at the...

news digest

Hurricane Gustav bears | 2008-08-27 00:00:00

down on HaitiMIAMI, Aug 26: Tropical Storm Gustav reached hurricane strength as it swirled through the central Caribbean and bore down on Haiti Tuesday, the US National Hurricane Centre said.A hurricane hunter aircraft reported the storm's top sustained winds were...

China's steel industry faces fund shortage

2008-08-27 00:00:00

BEIJING, Aug. 26 (Xinhua): China's steel industry is facing fund shortage due to growing price of raw materials and investment in iron ore projects, according to analysts.The soaring cost of iron ore and coke enhanced steel Enterprises' demand for fund....

4-party alliance to form human chain today

2008-08-27 00:00:00

The BNP-led 4-party alliance will form human chain today (Wednesday) across the country to press for the release of party's detained chairperson Khaleda Zia and her son Tarique Rahman, reports UNB.BNP leader Mohiuddin Khan Mohon said the human chain would...

Take effective steps to protect local species of fish: President

2008-08-27 00:00:00

President Iajuddin Ahmed called for initiating effective measures to protect the traditional local species of fish in the public interest, as it is the country's major source of protein.The President made the call while speaking at a function on the...

corporatewatch

Bonus share credited | 2008-08-27 00:00:00

The authorities of Summit Power Limited have stated that the bonus shares (20 per cent) of the company for the year that ended on December 31, '07 have been credited to the respective shareholders' BO A/Cs on August 25 '08...

Egypt invites Chinese investment

2008-08-27 00:00:00

CAIRO, Aug. 26 (Xinhua): Egypt's North Sinai Governor Mohamed Shousha said here yesterday that he welcomes investments from China, particularly in the domains of high technology, tourism, mining and water resources.In an interview with Xinhua, Shousha said there is a...

Registration must for contesting general polls: CEC

2008-08-27 00:00:00

The political parties will have to register by the October 15 deadline if they wish to contest the December parliamentary election, Chief Election Commissioner (CEC) ATM Shamsul Huda said Tuesday, report bdnews24.com/UNB.He asserted that registration of the political parties is...

Premier Div H

2008-08-27 00:00:00

Old Ideals Club crushed Victoria SC by 27-14 goals in a match of the 14th Cute Premier Division Handball League at the Outer Stadium Handball ground in the city Tuesday, reports UNB.Old Ideals Club dominated the first half by 14-9...

Govt conspires to defer parliamentary polls: AL

2008-08-27 00:00:00

Bangladesh Awami League (AL) Tuesday accused the caretaker government of plotting to defer the stalled parliamentary polls in the name of holding upazila elections and registration of political parties, reports UNB.The AL leaders warned that any deviation from holding the...

BB seeks opinions from stakeholders

Siddique Islam | 2008-08-27 00:00:00

The central bank has sought opinions from stakeholders including banks on using mobile phone network for money transfer by September 10 next.The central bank sought their opinions at a review meeting held at the central bank Tuesday with Bangladesh Bank...

DMP order on school timing

2008-08-27 00:00:00

The Dhaka metropolitan police recently passed an order that the schools in the metropolis should start their classes at 7.30 in the morning during the Ramadan time. The order from the DMP was issued for, what it said, easing the...

India's forex reserves above optimal level: IMF

2008-08-27 00:00:00

NEW DELHI, Aug 26 (PTI): India's foreign exchange reserves at around USD 286 billion are much above the optimal level, said a recent International Monetary Fund (I.M.F.) study, pointing out that forex accumulation has reduced external vulnerabilities and decreased the...

What about a regulatory body for manpower sector?

2008-08-27 00:00:00

BANGLADESHI workers in the Middle East and Southeast Asian countries are increasingly becoming vulnerable to deception, ill-treatment and torture. Deception by recruiting agencies at home or employers abroad has been a recurring event in case of Bangladeshi workers. But the...

Aussies return to rapturous welcome, funding woes

2008-08-27 00:00:00

SYDNEY, Aug 26 (AFP): Australia's Olympic team returned home Tuesday to a rapturous welcome, even as the country urgently began seeking ways of boosting its flagging medals ranking at the 2012 Games in London.The team, led by triple gold medallist...

Asian markets fall

2008-08-27 00:00:00

HONG KONG, Aug 26 (AP): Asian stocks fell back Tuesday as more signs of credit market woes fueled fears about the world economy and corporate earnings.A day after an encouraging advance, Tokyo's benchmark Nikkei 225 stock index slipped 0.80 per...

Government should 'ensure business-friendly environ'

2008-08-27 00:00:00

Industrialists and Businessmen Welfare Foundation (IBWF) organised a meeting Saturday for exchanging views on different issues, says a press release.Presided over by Abu Nasser Muhammad Abduz Zaher, president of IBWF and Chairman of Islami Bank Bangladesh Limited, the meeting was...

145 corrupt staff of Titas, DESA seek elemency

2008-08-27 00:00:00

Some 145 corrupt individuals, who have applied to the Truth and Accountability Commission (TAC) for clemency through National Coordination Committee (NCC) on serious crime and corruption, are officials and employees of Titas Gas and Dhaka Electricity Supply Authority (DESA), reports...

Euro declines against dollar

2008-08-27 00:00:00

TOKYO, Aug 26 (AFP): The euro declined against the dollar and the yen in Asian trade today on worries about the health of the eurozone economies and the Georgia conflict, dealers said.The euro fell to 1.4689 dollars in Tokyo from...

EC to announce JS polls schedule after finalisation of voter list: CA

2008-08-27 00:00:00

KHULNA, Aug 26 (UNB): Chief Adviser Fakhruddin Ahmed said Tuesday the Election Commission (EC) was the legal competent body to announce the schedule for general election and observed that the schedule might not be announced before finalisation of the voters'...

Tigers face NT Chief Minister's XI in practice match today

2008-08-27 00:00:00

Visiting Bangladesh national cricket team face Northern Territory Chief Minister XI in the 5th one-day practice match today (Wednesday) at the Garden's Oval in Darwin, reports UNB.The Chief Minister's XI is coached by former Bangladesh and GP-BCB National Cricket Academy...

Musharraf's departure: What

Billy Ahmed | 2008-08-27 00:00:00

EXIT of Musharraf was fated; it was brewing with the war on terror, tottering economy, assassination of Benazir Bhutto last December, the humiliating defeat in national elections in February at the hands of opposition parties-the Pakistan Peoples Party (PPP) and...

Thai protesters break into PM

2008-08-27 00:00:00

BANGKOK, Aug 26 (AFP): A mob of anti-government protesters pushed their way into the compound housing the offices of Thailand's prime minister Tuesday, one of a series of actions against state agencies in the capital.The demonstrators, from the right-wing People's...

Opening ASEAN meet, Singapore PM warns on protectionism

2008-08-27 00:00:00

SINGAPORE, Aug 26 (AFP): Singapore Prime Minister Lee Hsien Loong today warned against "backsliding" toward protectionism as Southeast Asian economic ministers launched a week of talks to strengthen regional trade links.Speaking at the opening ceremony of the annual meeting of...

Michelle shows her husband's personal side

2008-08-27 00:00:00

DENVER, Aug 26 (Agencies): Michelle Obama declared "I love this country" Monday as she sought to reassure the nation that she and her husband Barack share Americans' bedrock values and belief in a dream of a better future.In the first...

ICB announces NAV 8 Mutual Funds

2008-08-26 00:00:00

The Investment Corporation of Bangladesh (ICB) has announced the net asset value (NAV) of its eight Mutual Funds on the basis of market value of the portfolios as on July 31, 2008, said a press release.The NAV of First ICB...

World oil prices ease on stronger dollar

2008-08-26 00:00:00

SINGAPORE, Aug 25 (AFP): World oil prices declined in Asian trade today as the US currency's recent gains sapped appetite for dollar- denominated commodities including oil, dealers said.Persistent worries about slowing economic growth globally were also pushing prices lower, they...

S'pore's half-year inflation up 7.1pc

2008-08-26 00:00:00

SINGAPORE, Aug 25 (Xinhua): Singapore's inflation rate in the first half of 2008 increased 7.1 per cent compared with the same period a year ago, the government figures showed today.The consumer price index (CPI) for households in the lowest 20...

Academic activities of Comilla EBMSC begin

2008-08-26 00:00:00

COMILLA, Aug 25 (UNB): Academic activities of the newly established Comilla Education Board Model School and College (EBMSC) began Saturday.The institution was established at Shaktola-Ram Mala near the district town under the initiative of the Board.Education Board chairman Mohammad Atiqur...