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SEBL officers asked to learn about general banking

2008-08-08 00:00:00

Officers of Southeast Bank Limited (SEBL) have been advised to acquaint themselves with the tools, principles and operational procedures of general banking for the improvement of their technical and conceptual skills.Senior Executive Vice President of the bank Mohammed Gofran made...

Oil prices move up slightly

2008-08-08 00:00:00

SINGAPORE, Aug 7 (AFP): Oil prices were slightly higher in Asian trade today after steep falls in recent sessions on worries about waning energy demand, especially in the United States, dealers said.In morning trade, New York's main contract, light sweet...

Outlets to be opened during Ramadan under govt, private initiatives

2008-08-08 00:00:00

The government along with some business organisations will set up outlets to sell essentials to consumers at fair prices during the fasting month of Ramadan, reports UNB.The decision was taken Thursday during a meeting of various business organisations and government...

German trade surplus surges in June

2008-08-08 00:00:00

FRANKFURT, Aug 7 (AFP): Germany's trade surplus surged in June, data released today showed, offering some relief after a bleak series of figures pointing to a severe economic slowdown.The trade surplus grew to 19.7 billion euros (30.4 billion dollars), from...

Tyranny in Kuwait

2008-08-08 00:00:00

WE vehemently condemn the tyranny unleashed by the Kuwait authorities on the workers of Bangladesh who have been deprived of their legitimate remunerations and other benefits by the employers there. They simply gave vent to their anguish and agony suffered...

China credit policy to be relaxed

2008-08-08 00:00:00

BEIJING, Aug 7 (Xinhua): The People's Bank of China (PBoC), China's central bank, is likely to lift additional credit quota for this year by five per cent over the objective set at the year beginning, according to banking officials.This means...

Viable industry to be set up for employment generation in N-region

Our Correspondent | 2008-08-08 00:00:00

RANGPUR, Aug 6: The leaders of Greater Rangpur-Dinajpur Industry and Business Development Forum (GRDIBDF) have given the assurance that they will set up viable industries in the region to create employment opportunity for the people of the country's northern region.They...

Protesters rounded up by Beijing police

2008-08-08 00:00:00

BEIJING, August 7 (agencies): At least two women who have protested being evicted from their homes ahead of the Olympics were rounded up and taken to a police station, amid ramped up efforts Thursday by activists to use the games...

Developing advocacy plan for combating HIV/AIDS stressed

2008-08-08 00:00:00

Speakers at a meeting in the city Thursday underscored the need for developing a concrete advocacy plan for raising awareness, improving knowledge and changing behaviour of young people so they can work on their own in combating HIV/AIDS pandemic, reports...

Graft suspects may apply by Sept 1 seeking TAC clemency

2008-08-08 00:00:00

Graft suspects willing to voluntarily disclose their ill-gotten wealth before the Truth and Accountability Commission (TAC) may apply by September 1, reports UNB.An official handout said the graft suspects may secure the TAC clemency on criminal charges, subject to adequate...

Asian markets end mixed

2008-08-08 00:00:00

HONG KONG, Aug 7 (AP): Asian markets were largely mixed Thursday as worries over the US financial sector and the global economy eclipsed an overnight drop in oil prices and led many investors to lock in gains from the prior...

Yen near seven-month low against dollar

2008-08-08 00:00:00

TOKYO, Aug 7 (AFP): The yen stayed near a seven-month low against the dollar in Asian trade today amid growing fears that Japan is entering into a recession, dealers said.The dollar was at 109.58 yen in Tokyo afternoon trade against...

BCB reveals Australia tour itinerary

2008-08-08 00:00:00

Bangladesh Cricket Board (BCB) has revealed the itinerary of the ensuing Australia tour for a three-match One Day International (ODI) series, reports UNB.The national team will leave Dhaka for Australia on August 14.Ahead of the three ODIs, the national cricketers...

7 girls back home from Indian jail

Our Correspondent | 2008-08-08 00:00:00

JESSORE, Aug 7: The Indian authority Tuesday evening handed over seven girls who were trafficked several times to India. The children were handed over to the Bangladesh Rifles and Women Lawyers Association by the BSF in association with a human...

Eyes of the world on China as inaugural ceremony looms

2008-08-08 00:00:00

BEIJING, Aug 7 (AFP): Everything about the Beijing Olympics is on a huge scale and organisers intend to start as they mean to go on judging by their plans for Friday's opening ceremony, a three-hour 'spectacular'.But the longer the performance,...

Bush cites oppression,human rights abuses in Asia

2008-08-08 00:00:00

BANGKOK, August 7 (agencies) : President Bush praised the spread of freedom in Asia while training a harsh spotlight Thursday on the region's democratic laggards, sharply criticizing oppression and human rights abuses in China, Myanmar and North Korea.Bush's speech, outlining...

Erosion renders 200 families homeless

2008-08-08 00:00:00

CHANDPUR, Aug 7 (BSS): The erosion of the river Meghna has rendered about 200 families homeless at Haimchar upazila of the district during the last one week.According to Bangladesh Water Development Board (BWDB), Chandpur office sources, the erosion of the...

German insurer Allianz shares plunge

2008-08-08 00:00:00

FRANKFURT, Aug 7 (AFP): Shares in the German insurance group Allianz plunged Thursday after the group warned that it would not reach its operating profit target going into 2009 following a difficult second quarter.Allianz shares showed a loss of 3.52...

Banks urged to bring poor people under banking system

2008-08-08 00:00:00

Commerce and Education Adviser Hossain Zillur Rahman Thursday called upon the commercial banks to focus on the poor people to bring them under the banking services to help the country join the club of developing countries soon, reports UNB."It depends...

219 Bangladesh peacekeepers awarded UN medals

2008-08-08 00:00:00

A total of 219 'Blue Helmets' from Bangladesh Air Force have been awarded the United Nations peacekeeping medals in DR Congo, reports BSS.Force Commander of the United Nations Organisation Mission in the Democratic Republic of Congo (MONUC) General Babacat Gaye...

SL squad unchanged for series decider

2008-08-08 00:00:00

COLOMBO, Aug 7 (Reuters): Sri Lanka have retained the same 15-man squad but are expected to make one change to their bowling line-up for the third test against India starting Friday.India levelled the series 1-1 with a 170-run victory in...

Getting immersed in Olympic frenzies

Maswood Alam Khan | 2008-08-08 00:00:00

The number 8 is associated with prosperity and confidence in Chinese culture. China perhaps would not have agreed to host Olympics in any other year that would not bear the digit 8 as a qualifying index and I guess China...

South Asia faces food crisis despite India's high productivity

Lea Terhune | 2008-08-08 00:00:00

THOSE most affected by the current global food crisis are the poor, particularly in developing countries, international agencies and independent experts agree, and a large number of people for whom steep food prices spell disaster live in South Asia.Rice, an...

Monitoring body blames syndicates for artificial hike of prices

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

The price monitoring committee chief of the country's apex trade body, Kamal Uddin Ahmed, Thursday said syndicates among businessmen are active in Bangladesh 'in limited scale' resulting in artificial hike of commodity prices across the country."Syndicate takes place in limited...

Baby electrocuted while playing with bed switch

2008-08-08 00:00:00

GAIBANDHA, Aug 7 (UNB): A baby boy was electrocuted at Moheshpur village in Palashbari Upazila on Tuesday night. The deceased were identified as Hasan, 2, son of Milon Miah of the village.Witnesses said Hasan died on the spot when he...

Syria, Iraq to develop economic co-op

2008-08-08 00:00:00

DAMASCUS, Aug 7 (Xinhua): Syria and Iraq signed yesterday minutes to develop bilateral economic cooperation, the official SANA news agency reported.The two sides inked the documents at the end of their meetings of the joint ministerial economic committee.The minutes include...

S Korea raises key interest rate to highest since 2001

2008-08-08 00:00:00

SEOUL, Aug 7 (AFP): South Korea's central bank today raised its key interest rate to the highest level since 2001 in an attempt to curb inflation despite the slowing economy.The Bank of Korea increased the benchmark seven-day repurchase agreement rate...

Open Tennis Amal, Ranjan pair emerge champions

2008-08-08 00:00:00

Amal Roy and Ranjan Ram pair of NTC emerged champions in the men's doubles of the Dhaka Open Tennis Competition beating Niranjan Ram-Mahmudul Huq pair 6-2, 7-6 in the final at the National Tennis Complex in the city Thursday, reports...

Australia welcomes jobs gain but warns of slowdown

2008-08-08 00:00:00

SYDNEY, Aug 7, (AFP): Australia's Treasurer Wayne Swan today welcomed new figures showing a higher than expected jobs surge in July, but warned that employment growth was slowing.The number of Australians employed rose by 10,900, the Australian Bureau of Statistics...

GP-BCB Academy team start SA tour 4-day match today

2008-08-08 00:00:00

Touring GP-BCB Academy team start their campaign in South Africa with a four-day match against South Africa Academy team Friday at Tukkies in Pretoria, reports UNB.Earlier, Monday, a 14-member GP-BCB national cricket academy team left Dhaka for South Africa to...