CAIRO, August 7 (AFP): Egypt is to carry out DNA tests on the mummified remains of two foetuses found in the tomb of Tutankhamun to determine if they were the children of the boy king, antiquities authorities said Thursday.The bodies...
FE Report | 2008-08-08 00:00:00
The country's near-term economic outlook remains positive, but it faces several downside risks like power shortage that might make economic management challenging in the near future, the Bangladesh Bank (BB) said Thursday."The authorities concerned should respond timely to face the...
The long-awaited and somewhat controversial Beijing Olympics officially open Friday. From the Chinese capital, VOA's Jim Stevenson has this preview of the 29th Olympiad.A lavish opening ceremony and the lighting of the Olympic cauldron will formally begin the Beijing Games,...
The High Court (HC) has rejected Tarique Rahman's appeal to grant him bail and cancel Sabbir murder suppression case, his lawyer said, reports bdnews24.com.An HC bench of Justice Sharifuddin Chaklader and Justice Imdadul Haque Azad gave the ruling Thursday.The court...
IT is indeed a good decision of the government to construct better infrastructure at the land border ports. It will certainly facilitate better handling of export-import business activities. It is necessary to facilitate the border trading with better infrastructures.Benapole, Banglabandha,...
FE Report | 2008-08-08 00:00:00
Dhaka stocks closed slightly lower Thursday after two straight sessions of gain with the turnover increasing, thanks to significant trading in Titas Gas shares, which accounted for over 20 per cent of the total turnover.Trading in shares of the United...
FE Report | 2008-08-08 00:00:00
Warid Telecom Wednesday signed an agreement with IFIC Bank to provide complete telecommunication services under its corporate package.Under the agreement, IFIC Bank will enjoy customised call tariff and value added services of the Warid Telecom which would keep the users...
TOKYO, Aug 7 (AFP): Toyota Motor Corp. today reported a 28.1 per cent slide in first-quarter net profits as a weak US economy, a stronger yen and rising costs put the brakes on its recent rapid growth.Toyota, in a close...
FE Report | 2008-08-08 00:00:00
The Institute of Internal Auditors of Bangladesh (IIAB) held a CPE seminar Wednesday on changes of fiscal policies from the Finance Ordinance 08-09.The Chairman of the National Board of Revenue (NBR), Muhammad Abdul Mazid attended the seminar as the chief...
BEIJING, Aug 7 (AFP): Malaysia's shuttlers are not taking any chances as they gun for the country's first ever Olympic gold medal, opting for prayer as well as hard training ahead of Saturday's tournament.Coach Misbun Sidek said Malaysia was counting...
HEFEI, Aug. 7 (Xinhua): Asia, Europe, Africa and South America have constituted four main destinations for China's car export, and the establishment of China-Chile Free Trade Zone has made the sales of Chinese home-brand cars in Chile grow abruptly, according...
SEOUL/HONG KONG, Aug 7 (Reuters): HSBC Holdings denied Thursday a South Korean media report saying it had agreed with US private equity firm Lone Star to set a new deadline for a US$6.30 billion deal for control of Korea Exchange...
FE Report | 2008-08-08 00:00:00
The inter-bank call money rate posted sharp rise Thursday ignoring injection of fresh cash, as the market experienced strong demand for fund on month-end adjustments. The US dollar, however, remained stable against Bangladesh taka (BDT) in the inter-bank foreign exchange...
WASHINGTON, Aug 7 (AP): The number of newly laid off people signing up for jobless benefits last week unexpectedly climbed to its highest point in more than six years as the faltering economy forced companies to cut back.The Labour Department...
Kuwait's deputy prime minister (DPM) has reassured Dhaka that the honest and hardworking Bangladeshis would not be the victims of deportation owing to the faults of a few compatriots, report UNB and bdnews24.com.The assurance came as Foreign Adviser Iftekhar Ahmed...
ISLAMABAD, August 7 (AFP): Pakistan faced fresh political turmoil Thursday after officials said the country's ruling coalition had agreed to impeach President Pervez Musharraf, a vital US ally in the "war on terror."The agreement came after three days of marathon...
The sixth death anniversary of Al-haj Nehal Uddin Ahmed, a retired deputy finance controller of Army Finance, will be observed tomorrow (Saturday), says a press release.A Doa and Milad Mahfil has been arranged in this connection at his village home...
FRANKFURT, Aug 7 (Agencies): The European Central Bank (ECB) and the Bank of England (BoE) both left their benchmark interest rates unchanged Thursday as they ponder how best to steer their economies between the shoals of mounting inflation and slowing...
NOUAKCHOTT, August 7 (AFP): The new Mauritania junta promised Thursday to quickly hold new elections as it confronted international condemnation of the detention of the west African country's first democratically elected leader.An 11-member Military Council led by General Mohamed Ould...
NEW DELHI, Aug 7 (Reuters): India's headline inflation rate, which is ruling at a 13-year high just below 12 per cent, is expected to fall to below double-digits by the end of the fiscal year, a top government official said...
Our Correspondent | 2008-08-08 00:00:00
CHITTAGONG, Aug 07: A two-day training workshop titled "Social and environmental standards in the RMG industry" for the compliance officials working in different Chittagong-based Ready Made Garments (RMG) factories organised jointly by the Bangladesh Garments Manufacturers and Exporters Association (BGMEA)...
The government will import 200,000 tonnes of urea fertiliser ahead of the Aman cultivation season, reports UNB.The Advisory Committee on Public Purchase Thursday approved a number of procurement proposals in this regard.Besides, the government will import 100,000 tonnes of wheat...
National Polymer recommends | 2008-08-08 00:00:00
18pc cash dividendThe board of directors of National Polymer has recommended 18 per cent cash dividend for the year that ended on June 30, '08. The annual general meeting (AGM) of the company will be held at the National Shooting...
The Supreme Court Bar Association (SCBA) Wednesday accused the administration of caretaker government of dictating to the magistracy and thereby flouting the High Court (HC) orders granting bail to politicians facing corruption charges, reports UNB.At an unplanned press conference, SCBA...
FE Report | 2008-08-07 00:00:00
Dhaka stocks rallied for the second session in a row Wednesday led by insurance, leasing and IT issues with decline in the turnover.Meanwhile, shares trading of all mutual funds, that remained suspended for two days following media reports on the...
FE Report | 2008-08-07 00:00:00
The United Nations World Food Programme (WFP) Wednesday received a US$ 7.9 million contribution from the government of Japan to provide food assistance to Bangladesh's ultra-poor living in areas prone to floods, river erosion, coastal cyclones and tidal surges.WFP will...
FE Report | 2008-08-07 00:00:00
Standard Chartered PLC Wednesday delivered another record performance for the first half year ended 30 June 2008 with operating profit before tax (OPBT) rising 31 per cent to US$2.59 billion and operating income increasing 33 per cent to US$6.99 billion.Normalised...
SYDNEY, Aug 6 (AFP): Australia has launched the most comprehensive review of its tax laws in more than 50 years as it bids to make them simpler and more globally competitive, Treasurer Wayne Swan said today.The government was serious about...
Mobile courts are not liked by the offenders. But to them the penalties are no more than small pinches. As the penalties do not hurt them they continue with the wrong practices to sell substandard or adulterated food and other...
LONDON, Aug 6 (AFP): The Bank of England (BoE) could shock markets with an interest rate hike Thursday to keep inflation in check, despite expectations for no change because of slower economic growth, analysts said.Most economists think the British central...
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