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Move to amend, update Mines and Mineral Rules '68

M Azizur Rahman | 2008-08-06 00:00:00

The energy ministry has taken a move to amend and update the country's existing Mines and Minerals Rules 1968 to woo foreign investments and expedite development of the coal sector, officials said."We have taken steps to change the rules to...

Local polls held in free, fair, peaceful manner: EWG

2008-08-06 00:00:00

Election Working Group (EWG), a local government poll observer alliance, Tuesday termed the Monday's local body polls as free, fair and credible as it was held in a peaceful manner with the spontaneous participation of people, reports BSS.Addressing a press...

'Pak economy on downslide due to capital flight'

2008-08-06 00:00:00

QUETTA: Aug 5 (APP): President Pervez Musharraf said here yesterday that the country's economy was on a downslide because of the capital flight and unsatisfactory law and order situation in the country.Addressing a delegation of business community, the President said...

Cultures to be cultivated for intellectual dev: BAU VC

FE Report | 2008-08-06 00:00:00

Bangladesh Agricultural University (BAU) Vice-Chancellor Md Akhtar Hossain stressed the need for congenial academic atmosphere on the campus to improve understanding and appreciation of art, literature and cultures for cultivating intellectual development of the students.The BAU vice-chancellor said this while...

Kabaddi Fed selects 15 women players for residential camp

2008-08-06 00:00:00

Bangladesh Kabaddi Federation has selected 15 women players for a residential camp ahead of the 3rd Asian Women Kabaddi Championship that will begin on September 19 in Tamilnadu, India, reports UNB.The selected players have been requested to report at the...

Tropical storm Edouard closes in on Texas Gulf coast

2008-08-06 00:00:00

GALVESTON, (Texas), August 5 (Agencies): The winds were beginning to pick up and the surfs were rising in Galveston early Tuesday as tropical storm Edouard closed in on the Texas Gulf coast.Meanwhile, rain bands and tropical storm force winds were...

Meet on improving land border infrastructure today

FE Report | 2008-08-06 00:00:00

The government is intensifying move to improve infrastructure in land borders with India to ease export and import activities.A government committee holds a meeting today (Wednesday) at the Sonamasjid land customs station to evaluate the existing position of land customs...

Bush trip to Asia a mix of sports and politics

2008-08-06 00:00:00

EIELSON AIR FORCE BASE, (Alaska), August 5 (AFP): US President George W. Bush made a stopover here on his way to South Korea and Thailand, before attending the Beijing Olympics opening ceremony clouded by concerns over China's human rights record.Bush...

80pc voters turnout sans major complaints

2008-08-06 00:00:00

Chief Election Commissioner Dr ATM Shamsul Huda Tuesday said the Commission has successfully completed the elections to four City Corporations and nine municipalities with average 80 per cent voter turnout without any major complaints."There's some 80 per cent of voter...

Rahul leaves Dhaka

2008-08-06 00:00:00

Indian Congress leader and Member of Indian Parliament Rahul Gandhi left here for Delhi by a Jet Airways flight Tuesday morning after a five-day visit to the country, reports UNB.Nobel peace laureate and Grameen Bank founder Muhammad Yunus saw off...

corporatewatch

2008-08-06 00:00:00

UCBL declares schedule for 24th, 25th AGMsThe board of directors of United Commercial Bank Limited (UCBL) has decided to hold 24th and 25th annual general meetings (AGMs) of the bank for the accounting years 2006 and 2007 on September 25,...

Heritage sites for cultural tourism

Mohammad Shahidul Islam | 2008-08-06 00:00:00

THE cultural heritage of Bangladesh and his archaeological wealth is yet to be projected and exploited to attract tourists. Cultural tourism can change Bangladesh's image to tourists, both domestic and foreign.Not many in Bangladesh are aware of its cultural heritage....

HC upholds death sentences against 9

2008-08-06 00:00:00

The High Court (HC) Tuesday upheld the death sentences against nine out of ten condemned convicts while exonerated all 13 lifers in the decade-old Kazi Aref murder case, reports UNB.A Division Bench comprising Justice AKM Fazlur Rahman and ATM Fazle...

Suit dilemma for Chinese swimmers

2008-08-06 00:00:00

BEIJING, Aug 5 (AFP): With the start of the Games just days away, Chinese swimmers are still debating a last-minute switch to the sensational new Speedo LZR Racer.The high-tech bodysuit has figured in more than 40 world records since its...

Three more landports will be handed over to pvt operators

Siddique Islam | 2008-08-06 00:00:00

Three more landports will be handed over to private operators under Build-Operate-Transfer (BOT) arrangement for a period 25 years by 2009 to help boost cross border trade, officials said.The landports that will be handed over to private operators in the...

Hasina gets another month in freedom

2008-08-06 00:00:00

The government has extended former prime minister Sheikh Hasina's period of release by one month, hours after her husband appealed the Chief Adviser, report UNB and bdnews24.com.A statement from the Home Ministry Tuesday citing the government order on the extension...

Fauzia joins Dragon Group as director

FE Report | 2008-08-06 00:00:00

Fauzia Quamrun Tania has joined Dragon Group, a leading sweater manufacturing company of the country, as director of operations recently.She received her BSc degree and MA in Business Management and Mathematics from the University of Glasgow, UK.She secured excellent results...

AL bags mayoral posts of all 4 city corpns, 8 municipalities

2008-08-06 00:00:00

Awami League-backed nominees unofficially swept elections in all four major city corporations and eight of the nine municipalities that went to polls Monday, reports bdnews24.com.The AL charge was led by none other than the embattled Badaruddin Ahmed Kamran, the former...

Realtors in a double whammy

Shamsul Huq Zahid | 2008-08-06 00:00:00

Country's real estate developers, no doubt, are going through the most difficult time in their life.On one hand, abnormal hike in the prices of construction materials has severely hit their business growth and, on the other, an ordinance seeking to...

Asian International Trade Expo begins Aug 11

FE Report | 2008-08-06 00:00:00

A ten- day trade and consumer exhibition -Asian International Trade Expo 2008- begins August 11 at the city's Bangladesh-China Friendship Conference Centre (BCFCC).CEMS -Conference and Exhibition Management Services Ltd - USA in association with CEMS Bangladesh arranged the exhibition.President and...

Prices of chick-pea seen stable this Ramadan

Jasim Uddin Haroon | 2008-08-06 00:00:00

The prices of chick-pea, the most-consumed item during Iftar, is much lower this time than in the previous year and it might remain stable during the holy month of Ramadan, traders told the FE Tuesday.This is happening at a time...

Indonesia raises key interest rate on inflation fears

2008-08-06 00:00:00

JAKARTA, Aug 5 (AFP): Indonesia's central bank raised its key interest rate today in a bid to dampen inflation after a hike in the price of subsidised fuel.In the fourth rise in as many months, Bank Indonesia increased the benchmark...

Dhaka stocks bounce back with record Titas trading

FE Report | 2008-08-06 00:00:00

Dhaka stocks bounced back Tuesday snapping five consecutive sessions of losing streak with a single day record trading of Titas Gas, the day's top turnover leader and also the top gainer.However, the Dhaka Stock Exchange (DSE) suspended share trading of...

news digest

Germany, Italy looking to | 2008-08-06 00:00:00

buy armed drones: PentagonWASHINGTON, Aug 5: Germany and Italy areseeking to buy MQ-9 Reapers, new armed drones that the United States recently began flying in Iraq and Afghanistan, the Pentagon said Monday. In notifications to Congress, the Defense Security Cooperation...

Philippine inflation hits 17-year high in July

2008-08-06 00:00:00

MANILA, Aug 5 (AFP): The Philippines' inflation rate hit 12.2 per cent in July, the highest in 17 years as prices of basic commodities increased overall, the government said today.July's rate was above the 11.2 per cent to 12 per...

Govt's cost cutting measures may go

Shakhawat Hossain | 2008-08-06 00:00:00

The finance ministry is likely to withdraw the austerity measures enforced since 2005-06 fiscal in the wake of high fuel prices, said ministry officials Tuesday.A proposal seeking discontinuation of the cost cutting measures is now awaiting the approval of the...

Deportation 'won't affect growth of remittances'

FE Report | 2008-08-06 00:00:00

Deportation of several hundred workers from Saudi Arabia and Kuwait will not affect the growth of remittances from abroad as overseas jobs for Bangladeshis are showing a booming trend, officials and experts said Monday.They said this after statistics showed that...

Bangladesh A team return home

2008-08-06 00:00:00

Bangladesh A team returned home Tuesday after completing their over a month-long tour in England and Ireland, reports UNB.During the England tour, Bangladesh A played five three-day and three one-day matches against their English counterparts.The first three three-day matches against...

Kuwait deports more workers

2008-08-06 00:00:00

Kuwait has deported more Bangladeshi workers in an apparent breach of its commitment that it will not send back any Bangladeshi workers unless they create further trouble in the Gulf sheikhdom, report agencies.Foreign Adviser Dr Iftekhar Ahmed Chowdhury wrote a...

Citi Microentrepreneurship Awards 2008 Nomination closes on August 15, '08

2008-08-06 00:00:00

The deadline for submitting nomination for Citi Microentrepreneurship Awards 2008 is drawing to a close on August 15, 2008. The winners in four categories -- Best Innovative Micro Business of the Year', `Best Woman Microentrepreneur of the Year', `Best Microentrepreneur...