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Brain drain vis-

Shawkat Haider | 2008-08-19 00:00:00

WHEN it comes to pursuing a career whether in home country or going abroad for better education and a secured future, the best brains need little energy to spend to decide. First and foremost, they are secured about their future...

Court rejects Khaleda's bail petition

2008-08-19 00:00:00

A Dhaka court Monday rejected the bail petition of detained former prime minister Khaleda Zia in Zia Orphanage Trust corruption case, reports UNB.Metropolitan Sessions Judge Md Azizul Haq rejected the bail prayer, as the case is non-bailable under the unassailable...

Lankan spinners destroy India

2008-08-19 00:00:00

DAMBULLA, Aug 18 (BBC): Ajantha Mendis and Muttiah Muralitharan shared six wickets as Sri Lanka thrashed India in the first one-day international in Dambulla.New sensation Mendis (3-21) and fellow tweaker Muralitharan (3-37) helped bowl out the tourists for a lowly...

Citi's Microfinance Risk Director in city

FE Report | 2008-08-19 00:00:00

Citibank NA's Director Risk for Global Microfinance business, Philip Brown arrived in Dhaka Monday for a three-day visit. During his visit, Philip is scheduled to meet senior government officials, major clients and explore opportunities for micro finance business in the...

IBCCI bids farewell to Italian attache

2008-08-19 00:00:00

The Italy-Bangladesh Chamber of Commerce and Industry (IBCCI) recently bade farewell to Attache of the Embassy of Republic of Italy in Bangladesh Luigi Noia.In this connection, a function was organised in the city recently, said a press release.Mr Luigi Noia...

Oil prices rise on storm worries

2008-08-19 00:00:00

SINGAPORE, Aug 18, (AFP): World oil prices rose today, boosted by the risk a tropical storm posed to Gulf of Mexico oil facilities, while the market remained preoccupied about slowing economic growth, dealers said.New York's main oil futures contract, light...

Importers to open shops for selling goods at fair price

Fakhrul Alam | 2008-08-19 00:00:00

CHITTAGONG, Aug 18: In a bid to reducing the huge gap between import price and retail price of essential commodities, the importers themselves are now set to open shops in Chittagong for selling consumer goods at a fair price.Moreover, to...

Money-changers come under STR

FE Report | 2008-08-19 00:00:00

The Bangladesh Bank (BB) has asked the money-changers to comply with the new Anti-money Laundering Ordinance 2008 through the suspicious transaction reporting (STR), officials said."We've included the name of money changers in our list of reporting agencies in line with...

Crook realtors

2008-08-19 00:00:00

THE article on the new ordinance on realtors by Mr. Shamsul Huq Zahid, published in the FE recently, seems still biased towards the realtors. All the realtors in Bangladesh are known crooks. There is no single realtor who has not...

NBC predicts 20pc inflation for 2008

2008-08-19 00:00:00

PHNOM PENH, Aug 18 (Xinhua): The National Bank of Cambodia ( NBC) has predicted annual inflation could rise to 20 per cent this year, substantially less than earlier in the year, local newspaper the Mekong Times reported today.NBC Governor Chea...

Experts for common stand by SAARC, African countries

FE Report | 2008-08-19 00:00:00

The WTO mini-ministerial meeting held last month in Geneva yielded some positive outcomes for Bangladesh, which will have to be processed carefully for reaping the benefit, trade experts and policy makers said Monday.They laid emphasis on building a coalition among...

Tens of thousands protest at UN office in Kashmir

2008-08-19 00:00:00

SRINAGAR, Aug 18 (Reuters): Tens of thousands of Muslims marched past the United Nations office in Indian Kashmir Monday, protesting against New Delhi's rule in the disputed Himalayan region.Demonstrators shouting "Oh tyrants and oppressors leave our Kashmir" marched to police...

Call rate, greenback steady

FE Report | 2008-08-19 00:00:00

The inter-bank call money rate maintained steady level Monday due to injection of fresh cash into the market. US dollar also remained stable with an upward bias against Bangladesh taka (BDT) in the inter-bank foreign exchange market due to steady...

People call for foiling conspiracy against CMTS

2008-08-19 00:00:00

COMILLA, Aug 18 (UNB): Local people called for foiling the conspiracy against Comilla Medical Training School (CMTS) and demanded that the institution run all its activities on its own campus at Kuchaitali.The demand came at a press conference under the...

Musharraf resigns as Pak President

2008-08-19 00:00:00

ISLAMABAD, Aug 18 (Agencies): Pakistan's President Pervez Musharraf, who came to power in a coup nine years ago and was a key US ally in its campaign against terrorism, quit office Monday to avoid impeachment charges."Whether I win or lose,...

Publishing results of 27th BCS

2008-08-19 00:00:00

THE Public Service Commission (PSC) showed the highest sense of responsibility by issuing a press release on May 19, 2008, clarifying the status of 27th BCS results. This is a rare case of sensibility of showing respect to the public...

NBL signs deal with BRAC

FE Report | 2008-08-19 00:00:00

A Credit line agreement of Tk.250 million has been signed between National Bank Ltd (NBL) and BRAC in the city recently. The deal will help augment of fund of Brac for agriculture loan finance.Managing Director of National Bank Ltd Md...

Kexin picks uneven bars title

2008-08-19 00:00:00

BEIJING, Aug. 18: China's He Kexin clinched the uneven bars gold medal at the Beijing Olympic Games Monday.He, who scored the same 16.725 points with runner-up Nastia Liukin from the United States, claimed the title under a tie-break rule.He's teammate...

Spontaneous response from new tax-payers

FE Report | 2008-08-19 00:00:00

National Board of Revenue (NBR) received spontaneous response from the new tax-payers in Sitakundo upazila under Chittagong district last Thursday, where around 105 tax-payers paid tax under the government's motivational programme.NBR Chairman Muhammad Abdul Mazid attended the programme in the...

Beckham to attend Olympics closing ceremony

2008-08-19 00:00:00

BEIJING, Aug 18 (BSS): The celebrated English footballer David Beckham will be a star attraction of the closing ceremony of the Beijing Olympics on August 24.A report appeared in Beijing Media Centre today that the appearance of Beckham on the...

SC hears appeal against HC order on Tarique's tax evasion

2008-08-19 00:00:00

The Appellate Division will hear on August 27 a state plea seeking halt to a previous High Court (HC) order, which had stayed tax evasion case proceedings against BNP leader Tarique Rahman, reports UNB.The date was determined after Chamber Court...

IBF provides stipends worth over Tk 5.5m

DU Correspondent | 2008-08-19 00:00:00

Islami Bank Foundation (IBF) has provided stipends of Tk 5.5 million among a total of 483 students under its education scholarship project from January to June this year.The foundation dispensed the money of scholarships among 129 students of Dhaka and...

Vietnam earns $1.6b from exporting goods to China

2008-08-19 00:00:00

HANOI, Aug 18 (Xinhua): Vietnam earned over 1.6 billion US dollars from exporting goods to China in the first five months of this year, according to a local trade agency.Between January and May, Vietnam exported over 21.2 million dollars worth...

Party registration starts after getting RPO in couple of days: CEC

2008-08-19 00:00:00

The Election Commission (EC) will start the registration of country's political parties after getting the final Representation of People's Order (RPO) in a day or two, scaling up the preparation for holding the coming polls, reports UNB.Chief Election Commissioner (CEC)...

Belarusian breaks world records in weightlifting

2008-08-19 00:00:00

BEIJING, Aug 18 : Belarusian lifter Andrei Aramnau broke three world records to claim title in men's 105kg category Monday, winning the first gold for Europe in weightlifting at Beijing Olympics.Aramnau, 2007 world champion, snatched 200kg, bettering previous world record...

The concern about accounting standards

Mujibul Haque | 2008-08-19 00:00:00

Accounting in many areas of business in the country continues to be pursued in the traditional fashion with accounting looked upon as nothing more than book-keeping or taking a stock of routine expenditures and sales returns. But modern accounting is...

Dhaka convenes 6-day global symposium on climate change from Aug 25

2008-08-19 00:00:00

A six-day international symposium on "Climate Change and Food Security in South Asia" will be held in the city from August 25 to 30, reports UNB.Dhaka University (DU) and Ohio State University in USA will jointly organise the symposium in...

Zunaed to replace injured Nazim in Australia tour

2008-08-19 00:00:00

Opening batsman Zunaed Siddique will replace injury-hit top order batsman Nazim Uddin in the Bangladesh team now touring Australia, reports UNB.Nazim Uddin has been ruled out of the tour after tearing one of the tendons on his left ring finger...

India thinking currency notes on polymer

2008-08-19 00:00:00

NEW DELHI, Aug 18 (PTI): In a bid to overcome the menace of fake Indian currency notes, the Government has started giving serious thought to printing currency notes on polymer, a practice prevalent in Australia.The Government is toying with the...

Brazilians book final berth

2008-08-19 00:00:00

SHANGHAI, Aug 18 :- Marta and Cristiane's Brazil had a five-star game and crushed the "invincible" Germans 4-1 to cruise to the Olympic women's football final here Monday.It's a fiasco night for Germany, as the World champions' perfect defence record...