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On divesting magisterial powers

2007-06-13 00:00:00

Hasan MahmudTHE annual conference of the deputy commissioners (DCs) recently concluded in Dhaka with a call from the Chief Adviser to maintain honesty in the public administration. This is ritual that the head of the government will suggest like this....

Waterlogging in the capital

2007-06-13 00:00:00

AT last monsoon has arrived to relieve all of us from the unbearable hot spell, which had prevailed in the country for the last couple of months. But soon after the temperature plummeted with the downpour, another problem has surfaced...

Crazy load shedding

2007-06-13 00:00:00

EVERY effort should be made to plan and implement better the load shedding operations. This is also possible after getting feedbacks from various types of users about their need, peak time of uses and preferences. A proper and carefully crafted...

Colour of money

2007-06-13 00:00:00

DOES money have any colour as we are now a days led to believe ! I think they only have hue. Look at the taka two denomination note. It is the market leader. Torn beyond recognition, battered, beaten, defaced, scotched...

Is US eyeing UN as dumping ground for Iraq?

2007-06-13 00:00:00

Thalif Deen from the United Nations"With the war turning out to be a huge political liability for the ruling Republican Party at the upcoming elections in November," an Asian diplomat told IPS, "it is a safe guess the White House...

India's `magic train' throws new lifeline to villages

2007-06-13 00:00:00

Jay ShankarInside a makeshift tent pitched on a west Indian railway platform, Daji Mohite awaits an operation to remove cataracts. He's about to board the Lifeline Express, the world's oldest charity hospital on train tracks. ``I have waited for so...

Ghost towns appear in Spain as decade-long boom ends

2007-06-13 00:00:00

Sharon Smyth and Ricard AlonsoJavier Usua and Ruth Graneda never got out of the car when they visited Sanchinarro and Las Tablas, two of Madrid's biggest new suburban developments. The concrete-block buildings and empty streets were all they needed to...

Indonesia relaunches privatisation drive

2007-06-13 00:00:00

Joe Cochrane from JakartaIndonesia is to relaunch efforts to privatise dozens of state-owned companies, beginning with a public offering of one of the country's largest state-owned banks, a senior government official said Thursday.Sofyan Djalil, the minister for state-owned enterprises (SOEs),...

Developing countries stand by key demands in WTO talks

2007-06-13 00:00:00

GENEVA, June 12 (AFP): Developing countries vowed yesterday to stand their ground on key principles in deadlocked global trade talks, a week before four World Trade Organisation (WTO) powers are to make yet another bid to unlock the negotiations. Brazilian...

WB plans int'l fund to fight deforestation

2007-06-13 00:00:00

WASHINGTON, June 12 (AFP): The World Bank is planning an international fund of at least 250 million dollars to fight deforestation, which contributes to global warming, a bank official said yesterday. The targets for the fund are all countries that...

US lawmakers set to unveil bill to penalise China over currency

2007-06-13 00:00:00

WASHINGTON, June 12 (AFP): US lawmakers are to unveil a proposed law this week that could address concerns China is keeping its currency allegedly undervalued, Congressional staff said. Details of a bipartisan bill "to address undervalued currencies that harm US...

Tokyo Asia's leading centre of commerce

2007-06-13 00:00:00

SINGAPORE, June 12 (AFP): Tokyo is Asia's leading centre of commerce but London is number one in the world, said a study released today by MasterCard. Three other Asian cities-Hong Kong, Seoul and Singapore - ranked among the world's top...

Sino-India trade witnesses significant growth

2007-06-13 00:00:00

BEIJING, June 12 (PTI): Bilateral trade between India and China rose 53.7 per cent to USD14.2 billion during the first five months of the year, witnessing the fastest growth rate among the Communist nation's top ten trading partners. China-India bilateral...

East Germans still earn up to 40pc less than westerners

2007-06-13 00:00:00

FRANKFURT, June 12 (AFP): Workers in the former East Germany still earn up to 40 per cent less than their counterparts in the west of the country nearly two decades after the fall of the Berlin Wall, according to a...

Global oil prices lower in Asian trade

2007-06-13 00:00:00

SINGAPORE, June 12 (AFP): Oil prices were lower in Asian trade today after sharp gains overnight on fresh concerns over US gasoline (petrol) supplies, dealers said. New York's main oil futures contract, light sweet crude for delivery in July, was...

India, Pakistan, Iran may sign pact for pipeline next month

2007-06-13 00:00:00

NEW DELHI, Jun 12 (PTI): India, Pakistan and Iran are likely to sign an agreement for a tri-nation gas pipeline costing over USD seven billion by end of next month, Petroleum Secretary M.S.Srinivasan said yesterday. "India and Pakistan will have...

Vietnam catfish export to surge this year

2007-06-13 00:00:00

HANOI, June 12 (Xinhua): Vietnam is estimated to ship abroad some 1 billion U.S. dollars worth of tra and basa, two most common types of catfish in the country, in 2007, up from 661 million dollars in 2006 and 328...

Zimbabwean govt in bid to reduce inflation

2007-06-13 00:00:00

HARARE, June 12 (Xinhua): The Zimbabwean government is set to boost agricultural production through provision of requisite equipment to farmers in a bid to reduce the country's spiralling inflation, an official said yesterday. Speaking at the handover ceremony of agricultural...

Programme launched to light villages nationwide in Nepal

2007-06-13 00:00:00

KATHMANDU, June 12 (Xinhua): The Nepali Alternative Energy Promotion Center (AEPC) has launched the second phase of the Energy Sector Assistance Program (ESAP) to promote the use of alternative energy in the rural areas of the country, The Himalayan Times...

UCBL signs corporate agreement with banglalink

2007-06-13 00:00:00

UCBL signed a corporate agreement with banglalink in the city recently, said a press release.Under the agreement, the post-paid subscribers of the banglalink will get international roaming for UCB dual currency credit cards at a special discount rate and UCBL...

Kuwait's MTC wins third mobile phone licence in KSA

2007-06-13 00:00:00

RIYADH, June 12 (AFP): The Saudi cabinet yesterday awarded the kingdom's third mobile phone licence to Mobile Telecommunications Co (MTC) of Kuwait, the state news agency SPA reported. It said the contract went to MTC's consortium which will operate under...

Providing subsidy directly to farmers stressed

2007-06-13 00:00:00

Speakers at a workshop Monday underscored the need for providing agro subsidy directly to farmers using power tillers and threshing machines, for enhancing agricultural production in the country, reports BSS.For optimum use of the subsidy being provided to the agriculture...

DBBL helps HIV-positive patients

2007-06-13 00:00:00

FE ReportDBBL organised a 'Treatment Card' distribution programme among the HIV-positive patients at a city hotel Monday as part of its corporate social responsibility (CSR).Health and Social Welfare Adviser ASM Matiur Rahman was present on the occasion and distributed the...

HeidelbergCement approves 21pc dividends

2007-06-13 00:00:00

FE ReportHeidelbergCement Bangladesh Limited approved 16 per cent cash and 5.0 per cent stock dividends for 2006 at the annual general meeting (AGM) of the company in the city recently.HeidelbergCement Managing Director Jean-Claude Jamar presided over the AGM, while directors...

Tofazzal elected chairman of NCC Bank

2007-06-13 00:00:00

FE ReportThe board of directors of NCC Bank Ltd, in its recent meeting, has elected Tofazzal Hossain and ASM Mainuddin Monem as the bank's chairman and vice-chairman respectively.Both of them are sponsor directors of the bank.Tofazzal Hossain was born in...

First Security Bank, JR Money Transfer sign deal

2007-06-13 00:00:00

FE ReportFirst Security Bank Ltd and the UK-based exchange house M/S JR Money Transfer and Travel signed an agreement for remittance facility purpose in the city recently.Under the deal, Bangladeshi expatriates will be able to send remittances to their relatives...

Warid awards prizes to winners of cricket quiz

2007-06-13 00:00:00

Warid Telecom Tuesday handed over prizes to winners of the first ever Warid Cricket Quiz, said a press release.Muneer Farooqui, CEO of Warid Telecom, along with other officials of the company, gave away gift-hampers including handsets to 13 winners at...

Mutual Trust Bank organises workshop for SME officers

2007-06-13 00:00:00

FE ReportMutual Trust Bank Ltd organised a day-long workshop on "Small Enterprise Financing and Consumer Financing" in the city recently, said a press release.Managing Director of the bank Kazi Md Shafiqur Rahman inaugurated the workshop participated by SME officers of...

Proposed budget realistic, time-befitting: RCCI

2007-06-13 00:00:00

Rajshahi Chamber of Commerce and Industry (RCCI) has termed the proposed national budget for 2007-08 fiscal as realistic and time-befitting, reports BSS from Rajshahi. In a statement, RCCI President Hasen Ali said, different need-based sectors like education, technology and agriculture...

Nitol, Tata launch new distribution network, organise festival

2007-06-13 00:00:00

FE ReportTata Motors and its distributor Nitol Motors recently announced the setting up of a new distribution network for Tata Genuine Parts (TGPs), used in various Tata commercial vehicles in Bangladesh. The proposed network, consisting of 30 authorised parts outlets...