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Focus on HK as fine wine market looks east

2008-08-18 00:00:00

HONG KONG, Aug 17 (AFP): Just weeks after Hong Kong scrapped a 40-per cent duty on wine this year, American entrepreneur and oenophile Stephen Bachmann flew here to investigate business opportunities.This autumn Bachmann, who runs a fine wine company in...

The airline announces plans to invest in cutting-edge tech

FE Report | 2008-08-18 00:00:00

Emirates, the airline of choice for Bangladeshis, has announced its plans to invest in cutting-edge technology at the recently concluded Emirates Travel Agents Workshop-2008.In the workshop, Emirates' Area Manager for Bangladesh shared details of the airline's recent investment in technologically...

Williams sisters snatch gold

2008-08-18 00:00:00

BEIJING, Aug 17 : The Williams sisters claimed their second women's doubles gold medal at the Olympic tennis tournament after beating Spaniards Anabel Medina Garrigues and Virginia Ruano Pascual 6-2, 6-0 in the final Sunday.Having won the Wimbledon doubles event...

IBBL holds Shariah Council meet

FE Report | 2008-08-18 00:00:00

Islami Bank Bangladesh Limited (IBBL) held Shariah Council meeting Wednesday last week at the boardroom of the bank with Chairman of Shariah Council and President of Biatush Sharf Anjuman-e-Ittehad Bangladesh Moulana Mohammad Qutubuddin in the chair.The meeting was attended by...

Sharing stage, Obama and McCain split on abortion

2008-08-18 00:00:00

LAKE FOREST, (California), Aug 17 (Agencies): Presidential contenders Barack Obama and John McCain differed sharply on abortion Saturday, with McCain saying a baby's human rights begin "at conception," while Obama restated his support for legalised abortion.Appearing on the same stage...

Journalist leaders, experts reject draft of right to info ordinance

2008-08-18 00:00:00

Journalist leaders and experts at a discussion Sunday rejected outright the draft of right to information ordinance, saying that there are many inconsistencies and barriers in it, reports BSS.There will be no benefits from the ordinance if the inconsistencies and...

Zakat proceeds 'may help finance 58pc of annual dev programme'

FE Report | 2008-08-18 00:00:00

The proceeds of Zakat could help finance 58 per cent of the country's annual development programme if it is integrated with the government budget and could thus effectively reduce dependence on foreign aid.This was observed at a zakat forum held...

Wang Jiao keeps title

2008-08-18 00:00:00

BEIJING, Aug 17 : Host wrestler Wang Jiao of China won the women's 72kg freestyle wrestling Olympic gold after defeating Stanke Zlateva of Bulgaria Sunday.Four years ago in Athens Games, Wang Jiao's teammate Wang Xu beat Russian Gouzel Maniorova to...

Russia to start pullout troops from Georgia today

2008-08-18 00:00:00

GORI, Georgia, Aug 17 (Reuters): Russia announced to the West it would begin withdrawing forces from Georgia on Monday after a war that dealt a humiliating blow to the Black Sea state and raised fears for energy supplies to Europe.French...

Bangladesh's Olympics campaign ends in disgrace

2008-08-18 00:00:00

Bangladesh ended the Beijing Olympics Games in total frustration as their last participant Nazmun Nahar Beauty finished overall 62nd among the 85 competitors in the heats of the Games hot event of women's 100 metre sprint Saturday, reports UNB.Bangladesh's fastest...

Micro-credit borrowers spending major portion of loan to buy food

FHM Humayan Kabir | 2008-08-18 00:00:00

Micro-credit borrowers are spending a major portion of their loan in purchasing foods instead of investing in the earmarked projects, which has been affecting the poverty alleviation activities in the country, insiders said.Borrowers have no option but to spend the...

Three cheers for the Election Commission, but

2008-08-18 00:00:00

Air Commodore Muhammad Zakiul Islam ndu acsc (Retd)THE Election Commission (EC) clearly deserves some cheers for the job done thus far. More precisely, I think it deserves one and a half cheers at this point in time: one full for...

PKSF, AIS sign MoU to disseminate technical issues of farming

2008-08-18 00:00:00

PKSF and AIS have entered into a cooperative arrangement with each other by signing a memorandum of understanding (MoU) to disseminate technical issues of farming and success stories of the farmers benefited by the microfinance programme of PKSF by telecasting...

No US housing market recovery until 2009

2008-08-18 00:00:00

WASHINGTON, Aug 17 (AFP): As the US economy appears more than ever linked to the health of the housing market, analysts see no end to falling prices or recovery in the sector before 2009.After several years of a sizzling boom,...

US-Bangla jt exercise begins in Bogra CMH

2008-08-18 00:00:00

BOGRA, Aug 17 (UNB): A week-long surgical interoperability joint exercise on 'Sight, Sound and Smiles 2008' jointly organised by Bangladesh Army and US Army Medical Team started at the Combined Military Hospital (CMH) at Bogra Cantonment Saturday.Area Commander and General...

European equities platform begins trade, putting further pressure on LSE

2008-08-18 00:00:00

LONDON, Aug 17 (AP): A new European equities trading platform backed by a group of investment banking heavyweights began operating Friday, piling further pressure on the London Stock Exchange (LSE) PLC and other traditional European bourses.Turquoise began trading with just...

BRRI to release new flood tolerant rice variety soon

Syed Ishtiaque Reza | 2008-08-18 00:00:00

The Bangladesh Rice Research Institute (BRRI) will release its new submergence-resistant and salt-tolerant rice variety to the farmers very soon.The BRRI has prioritised its research on flash flood submergence, salt stress, cold and drought resistant varieties, said an official.The new...

Xinjiang reports robust foreign trade growth

2008-08-18 00:00:00

URUMQI, Aug 17 (Xinhua): The import and export value of northwest China's Xinjiang Uygur autonomous region doubled in the first seven months of this year to 11.58 billion US dollars, 70 per cent more than the national average growth rate.The...

Turkey says more time needed for gas deal with Iran

2008-08-18 00:00:00

ANKARA, Aug 17 (AFP): Turkey and Iran need more time to finalise a major natural gas deal, President Abdullah Gul said yesterday, playing down reports that US pressure on Turkey to abandon the project is behind the delay."We would have...

Bradman's 'official' letters discovered

2008-08-18 00:00:00

Private letters written by Don Bradman, mostly to former Australian board chairman Bob Parish, have been discovered by Cricket Australia just days before his birth centenary on August 27. The subjects of the letters range from the ban on tours...

Hosts reach top eight in eves

2008-08-18 00:00:00

BEIJING, Aug 17 : Hosts China reached the quarterfinals at Beijing Olympic women's handball after stunning European powerhouse France 21-18 in their last preliminary game here Sunday."The key to our victory is the change of the defending strategy. In the...

BFF to sign Manik as coach of Nat

2008-08-18 00:00:00

Bangladesh Football Federation (BFF) will sign a formal agreement with coach Shafiqul Islam Manik giving him the charge of the national football team, reports UNB.The signing ceremony will be held at BFF Bhaban at 3:30 pm in the city today...

UK-Bangla confce on climate change- action plan 'lacks long run vision'

FE Report | 2008-08-18 00:00:00

Country's climate change strategy and action plan for Bangladesh, prepared by the government to present in the upcoming UK-Bangladesh conference on climate change is not comprehensive and lacks long run vision, speakers said at a two-day conference, ended Sunday, said...

Dollar holds steady against Taka

Sarwar Zahan | 2008-08-18 00:00:00

The US dollar was mostly stable against Bangladesh taka (BDT) in the inter-bank foreign exchange market last week despite a modest demand for the greenback, fund managers said.The supply of the greenbank was sufficient because of the steady inflow of...

Kiwi clinches shot put gold

2008-08-18 00:00:00

BEIJING, Aug 17: Valerie Vili from New Zealand was crowned in the women's shot put final at the Beijing Olympic Games Saturday evening, adding the second gold medal to the country's haul in the tournament.Vili (23) defeated all other 14...

Asian stock markets end week mixed

2008-08-18 00:00:00

HONG KONG, Aug 17 (AP): Asian markets were mixed Friday as falling commodity prices hurt resource stocks across the region, while a strengthening dollar helped lift Japanese shares.In Tokyo, the benchmark Nikkei 225 index added 0.50 per cent to 13,019.41...

Southeast Bank foundation training on general banking ends

2008-08-18 00:00:00

Southeast Bank Limited Probationary Officers and Trainee Officers have been advised to search for knowledge relentlessly to improve the technical and conceptual skills.Deputy Managing Director of the bank Syed Imtiaz Hasib gave the advice while speaking at the concluding function...

154 cases filed against JMB for Aug 17 blasts: CID

2008-08-18 00:00:00

The Criminal Investigation Department (CID) has so far filed some154 cases against Jamaatul Mujahedin Bangladesh (JMB) for the countrywide series bombings on August 17, 2005, and a further 119 cases involving bomb attacks carried out across the country by the...

CA greets new Nepali PM

2008-08-18 00:00:00

Chief Adviser (CA) Fakhruddin Ahmed Saturday felicitated Pushpa Kamal Dahal on his election as prime minister of Nepal, the Foreign Ministry said in a press statement, reports bdnews24.com.Fakhruddin said he was confident that under his astute and dynamic leadership Nepal...

WTO talks and lessons for small nations

Ferdaus Ara Begum | 2008-08-18 00:00:00

DEADLOCK at the ministerial meetings of the World Trade Organisation (WTO) is not a new phenomenon, but the way it collapsed after about nine days of hard but fruitless talks was a capricious play of the big powers where interest...