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China storm into TT semifinals

2008-08-15 00:00:00

BEIJING, Aug 14 : The star-studded Chinese men's team eased past Austria to advance into table tennis team semifinals at the Beijing Olympic Games here Thursday.The mighty trio of Wang Hao, Wang Liqin and Ma Lin eased past the European...

Govt plans to set up 'compact townships' with all facilities

FE Report | 2008-08-15 00:00:00

The government has taken initiatives to set up "compact townships" aiming to ensure proper utilisation of the country's fallow lands, a planning ministry official said Thursday.The planning ministry at a meeting Thursday asked government ministries and agencies concerned to give...

IFC develops customised software for RJSCF

2008-08-15 00:00:00

International Finance Corporation (IFC), a member of the World Bank Group, has taken up a project to connect all the four Registrar of Joint Stock Companies and Firms (RJSCF) offices across the country.Under the project, IFC will provide hardwares, build...

Champions League to begin on Dec 3

2008-08-15 00:00:00

The inaugural Champions League Twenty20 will be played between December 3 and 10, instead of October, the organisers - the boards of India, Australia and South Africa - have announced. To accommodate the change, the first Test between Australia and...

AL to build democratic, non-communal Bangladesh if voted to power

2008-08-15 00:00:00

TUNGIPARA, Aug 14 (UNB): Awami League (AL) central leadership Thursday said if voted to power at the next polls, they would build a democratic and non-communal Bangladesh with the spirit of the 1972 Constitution to materialise the ideals of Bangabandhu...

Pleas for reforming grading system

Abul Quasem Haider | 2008-08-15 00:00:00

The universities that earlier followed the North American 'curriculum', had grading system. Now most of them, both in public and private sectors, have introduced the grading system. Recently, the University Grants Commission (UGC) have sent orders, asking for the introduction...

Suicide blast in Lahore kills seven

2008-08-15 00:00:00

LAHORE, Aug 14 (AFP): A suicide bomber blew himself up outside a police station in Lahore Wednesday during preparations for Pakistan's Independence Day, killing at least seven people, police said.The blast ripped through a crowd of policemen standing guard at...

American fencers take bronze in team event

2008-08-15 00:00:00

BEIJING, Aug 14 : American fencers won the bronze medal in women's sabre team event at the Beijing Olympics here Thursday.The US sabre team defeated France at 45-38. Mariel Zagunis of the US team, the defending individual event champion said:...

Handling Mendis is up to the individual: Dhoni

2008-08-15 00:00:00

Hardly 15 minutes after Mahendra Singh Dhoni arrived at the team hotel in Colombo with his fellow one-day recruits, had he faced a barrage of questions. No surprise that most of them focused around the man who snatched almost half...

HC awards seven babies' custody to BNWLA

2008-08-15 00:00:00

The High Court Thursday awarded the full custody of the much-talked-about seven babies, claimed by an ex-DIG of police and his wife as their septuplets, to Bangladesh Women Lawyers' Association (BNWLA) for their upkeep, reports UNB.They are already under custody...

Vietnam slashes petroleum retail price

2008-08-15 00:00:00

HANOI, Aug. 14 (Xinhua): Vietnam lowered its retail price of standard petroleum by nearly 5.3 per cent from Aug. 14 due to dropping world oil prices, the country's Finance Ministry announced today morning.The retail price of A92 petroleum, most commonly...

Germany to play Sweden in eves' soccer qtrs

2008-08-15 00:00:00

SHENYANG, Aug 14 : World champions Germany are going to take on their European neighbors and old rivals Sweden in the Olympic quarterfinal match scheduled here tomorrow (Friday).The two met four years ago in the semi-final in Athens, where Germany...

Talent Hunt camp for women cricketers begins

2008-08-15 00:00:00

A 10-day Talent Hunt Camp for women cricketers, organised by the Women's Wing of Bangladesh Cricket Board (BCB), began at the Dhanmondi Women's Sports Complex in the city Thursday, reports UNB.Some 30 women players from all the six divisions as...

Ryder Scott reveals Bibiyana field has larger gas reserve than initial estimate

FE Report | 2008-08-15 00:00:00

Ryder Scott, a Houston-based energy consulting firm, revealed recently that the country's northeastern Bibiyana gas field had significantly larger gas reserves than estimated earlier.According to the initial estimation, the field has recoverable gas reserves of 2.4 trillion cubic feet (Tcf).The...

US regulators, exchanges move to squeeze insider trading

2008-08-15 00:00:00

WASHINGTON, Aug 14 (AFP): US regulators and ten stock exchanges, including the New York Stock Exchange (NYSE), have forged a new alliance to clamp down on illegal insider trading, the Securities and Exchange Commission announced Wednesday.The SEC said the non-government...

Call rate, dollar steady

FE Report | 2008-08-15 00:00:00

The inter-bank call money rate remained steady Thursday although the central bank injected fresh cash into the market. The US dollar was also stable against Bangladesh taka (BDT) in the inter-bank foreign exchange market due to steady demand for the...

Prime Bank launches new brand name for its Islamic schemes

FE Report | 2008-08-15 00:00:00

Prime Bank Limited has launched a new and unique brand name called 'Hasanah' for its Islamic banking schemes which will now encompass and act as a common identity for all of its Islamic banking related products and services.The Arabic word...

Employment of Bangladeshi workers abroad to exceed 900,000 this yr: FA

2008-08-15 00:00:00

Adviser for Foreign Affairs Iftekhar Ahmed Chowdhury Thursday said if the present trend continues, employment of Bangladeshi workers abroad will exceed 900,000 this year, reports UNB."This will be an all-time record, even surpassing the previous year's record of 832,000", he...

corporatewatch

2008-08-15 00:00:00

Keya Cosmetics board meet on Aug 19The authorities of Keya Cosmetics Limited have stated that in accordance with the Clause 30 of the Listing Regulations of DSE, a meeting of the board of directors of the company will be held...

Germany, Netherlands eye semi-finals in women's field hockey

2008-08-15 00:00:00

BEIJING, Aug 14 (AFP): Defending champions Germany and title contenders the Netherlands stepped closer to the semi-finals of the Olympic women's field hockey with their third wins today.The German girls, who won their maiden Olympic title at Athens four years...

Globalisation and its impact on insurance industry in Bangladesh

2008-08-15 00:00:00

A.B.M. Nurul Haq in the second instalment of his three-part articleIN 1986, when private insurance companies started functioning, the total premium income was Tk. 1.71 billion (both life and general), out of which the private sector share was Tk. 280...

HC grants bails to Altaf, Kh Mosharraf

2008-08-15 00:00:00

The High Court Thursday denied interim bail to former Health Minister Sheikh Fazlul Karim Selim who faces a Tk 30 million extortion case along with his cousin, former Prime Minister Sheikh Hasina, reports UNB.A two-member Division Bench panel of Justice...

UK hope dashed in Olympic badminton

2008-08-15 00:00:00

BEIJING, Aug 14 : Britain's only hope in the Olympic badminton tournament was dashed Thursday as the mixed duo ofGail Emms and Nathan Robertson lost to a South Korean pair.Lee Hyo-jung and Lee Yong-dae gave a 21-19, 21-12 beating to...

Dhaka stocks slightly rise

FE Report | 2008-08-15 00:00:00

Dhaka stocks slightly rose Thursday with the turnover coming down below Tk 2.0 billion mark.The Dhaka Stock Exchange (DSE), however, see-sawed from the very outset of the trade as it began with a negative mood but finally ended with the...

Lithuania edges Russia to reach quarters

2008-08-15 00:00:00

BEIJING, Aug 14 : Lithuania cruised past Russia 84-79 for its third win in Group A Thursday, advancing to the quarterfinals of the Beijing Olympic men's basketball competition in the Wuhesong Olympic Basketball Gymnasium.Rimantas Kaukenaswhen contributed 20 points to lead...

Wal-Mart to make $1b expansion in Brazil

2008-08-15 00:00:00

BRASILIA, Brazil, Aug 14 (AP): Wal-Mart Stores Inc. announced Wednesday that it will invest the equivalent of at least $1 billion in Brazil to expand its operations in Latin America's biggest country.The announcement was made in a statement issued shortly...

Indian economy likely to grow close to 8pc

2008-08-15 00:00:00

NEW DELHI, Aug 14 (PTI): Finance Minister P Chidambaram yesterday said he was confident that the economy will grow close to 8 per cent this fiscal, although the prime minister's economic advisory council saw GDP expansion slowing to 7.7 per...

news digest

Philippine villagers trickle back | 2008-08-15 00:00:00

home after Muslim clashesALEOSAN, (Philippines), Aug 14: Villagers in the southern Philippines began trickling back to their ruined homes Thursday, two days after government forces expelled Muslim insurgents who had stormed the area. Loreto Cabaya, mayor of Aleosan town, led...

Australia smash world record in women 200m free relay win

2008-08-15 00:00:00

BEIJING, Aug 14 (AFP): Australia smashed the world record by almost six seconds in swimming away with the women's 4x200metres freestyle relay gold medal at the Beijing Olympics today.The Australians set a blistering pace to hit the wall in seven...

$130.7 million IDA loan to improve secondary edn

FE Report | 2008-08-15 00:00:00

The government Thursday signed a credit agreement worth US$130.7 million with the International Development Association (IDA) to improve the quality and performance of secondary education and to ensure greater accountability at school level.Mohammad Mejbahuddin, additional secretary, Economic Relations Division (ERD)...