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BFF receives cheque for Tk 10m from Citycell

2008-07-25 00:00:00

Bangladesh Football Federation (BFF) Thursday received a cheque for Tk 10 million (one crore) from the title sponsors Citycell for the Federation Cup Football, reports UNB.Chief Executive Officer (CEO) of Pacific Bangladesh Telecom (Citycell) Michael Seymour handed over the cheque...

NGO asks India, others not to yield to rich nations at WTO

2008-07-25 00:00:00

GENEVA, July 24 (PTI): Asking India not to succumb to the pressure of developed countries, particularly the US and EU, at the Doha Round of trade talks here, a leading NGO has dubbed the give and take in WTO texts...

Iraq presidency council vetoes election bill

2008-07-25 00:00:00

BAGHDAD, Jul 24 (AFP): Iraq's three-member Presidency Council said Thursday it had rejected a provincial election bill, a move widely expected to delay October polls which are strongly backed by Washington."President Jalal Talabani, and his deputy Adel Abdel Mahdi, have...

Non-lethal weapons best choice in combating conflict, seminar told

2008-07-25 00:00:00

Non-lethal weapons will be the best choice in combating conflict in the near future, it was stated in conclusion at a US-sponsored military meet here Thursday, reports UNB."Now the collateral damage to human casualties resulting from military operation is not...

Aktel announces new rates for post-paid clients

FE Report | 2008-07-25 00:00:00

AKTEL announced attractive offers exclusively for its postpaid customers starting with a refreshed call rate, said a press release.Now all AKTEL postpaid customers will be able to call other mobile at only Tk 1.00 per minute 24 hours a day.Postpaid...

DU printing press bleeds on old tech

2008-07-25 00:00:00

Dhaka University's (DU) printing press has become a white elephant as its expenditure is 10 times more than its earning, reports BSS.According to official figures, DU earns about Tk 1.0 million (10 lakh) on an average every year from its...

Khaleda's release caught in limbo

2008-07-25 00:00:00

Detained ex-Prime Minister Khaleda Zia's release appears to be caught in limbo, as Communications Adviser Maj Gen (Retd) Ghulam Quader Thursday said it is difficult to say precisely when, as "there are problems on both sides," reports UNB.Talking to reporters...

Business Journalism Cell on SMEs opens at DRU

FE Report | 2008-07-25 00:00:00

The Dhaka Reporters' Unity (DRU) Wednesday opened a 'Business Journalism Cell' to cater to media-related services to the country's small and medium enterprises (SMEs).The main role of the new cell will be projecting the problems and potentials of the country's...

Call rate steady, dollar stable

FE Report | 2008-07-25 00:00:00

The inter-bank call money rate maintained its steady level Thursday despite injecting higher amount of fresh cash than withdrawn. The US dollar also appeared stable against Bangladesh taka (BDT) in the inter-bank foreign exchange market due to steady supply of...

World Bank country director visits BEPZA Complex

FE Report | 2008-07-24 00:00:00

World Bank Country Director Xian Zhu paid a visit to Bangladesh Export Processing Zones Authority (BEPZA) Complex in the city Tuesday and had a meeting with BEPZA Executive Chairman Jamil Ahmed Khan.The BEPZA chief briefed him about the entire gamut...

Visiting US Pacific Marine Force Commander passes busy day

2008-07-24 00:00:00

Visiting US Pacific Marine Force Commander Lt General Richard C Zilmer passed a busy day Wednesday by participating in different programmes, reports BSS.Lt General Zilmer called on Chief of Naval Staff Vice Admiral Sarwar Jahan Nizam at Naval Headquarters and...

New Indian opposition front forms

2008-07-24 00:00:00

India's communists and other opposition parties have launched a joint campaign against the government over rising prices and a nuclear deal with the US, reports BBC.The new group contains four left-wing former government allies and a regional leader tipped as...

WTO global trade negotiators battle on

2008-07-24 00:00:00

GENEVA, July 23 (Reuters): Global trade talks began a third day Wednesday after emerging economies such as Brazil and South Africa said a US offer to cut its farm subsidies was not enough to justify reciprocal moves by them.Without a...

Qualifying round of FCF begins Saturday

2008-07-24 00:00:00

The qualifying round of the Citycell Federation Cup Football will begin Saturday (July 26) on the Bangabandhu National Stadium with Jatrabari KC taking on Rajshahi Digonto Prosari in the day's lone group A opening match at 4:00 pm, reports UNB.BFF...

Asian stock markets rise as oil prices fall

2008-07-24 00:00:00

HONG KONG, July 23 (AP): Asian stock markets resumed their upswing Wednesday, as another fall in oil prices and a strong performance on Wall Street boosted investor confidence throughout the region.The Nikkei 225 index in Tokyo gained almost 1 percent...

Price erosion of Dhaka stocks finally halted

FE Report | 2008-07-24 00:00:00

The persistent price erosion of Dhaka stocks finally came to a halt Wednesday after seven straight session, with decrease in the turnover.The market barometers - the benchmark Dhaka Stock Exchange (DSE) Genera Index (DGEN), All Shares Price Index (DSI) and...

Southeast Bank 20th National Junior Boxing Champs end

FE Report | 2008-07-24 00:00:00

The closing ceremony of Southeast Bank Limited 20th National Junior Boxing Championships was held at Muhammad Ali Boxing Stadium in the city recently.Southeast Bank Chairman Alamgir Kabir was present as the chief guest and distributed the prizes among the winners...

Good number of Ctg industries fail to go into operation for lack of gas

Our Correspondent | 2008-07-24 00:00:00

CHITTAGONG, July 23: Despite investing huge amounts of capital, a good number of industrial organisations including export-oriented ones located in different parts of Chittagong cannot go for industrial production as these have not yet been provided with gas connection. This...

Karadzic plans to defend himself

2008-07-24 00:00:00

THE HAGUE, Jul 23 (AP): Radovan Karadzic's lawyer says the former Bosnian Serb leader wants to defend himself against UN war crimes charges.That has set up the prospect of Karadzic using the courtroom in The Hague as a soapbox to...

BB issues 'compromise' rule, finally

FE Report | 2008-07-24 00:00:00

The central bank issued Wednesday a rule allowing the commercial banks to appoint two directors from among the depositors in line with the existing Bank Companies Act.Under the new rule, the board of directors of a bank will submit proposal...

Army's role in nation dev got institutional shape: President

2008-07-24 00:00:00

President Professor Dr Iajuddin Ahmed said Wednesday the role of Bangladesh Army in achieving national development, extending cooperation to maintain internal public order and serving humanity has got institutional shape, reports BSS."Bangladesh Army is the symbol of our independence and...

Attracting NRB funds into capital market

2008-07-24 00:00:00

NON-Resident Bangladeshis (NRBs) have been contributing significantly to the economy of Bangladesh. Unfortunately, most part of remittance funds is being utilized for consumption purpose and real estate investment, while only an insignificant portion of those funds are being used in...

More student scholarships, better immigration facilities sought

2008-07-24 00:00:00

SINGAPORE, Jul 23 (UNB): Bangladesh sought more scholarships for students and better immigration facilities for its people from Australia.Foreign Adviser Dr Iftekhar Ahmed Chowdhury made the request Wednesday when he met his Australian counterpart Stephen Smith on the sidelines of...

Trading of ICB AMCL Second NRB Mutual Fund shares begin Sunday

FE Report | 2008-07-24 00:00:00

Shares trading of the ICB AMCL Second NRB Mutual Fund, the close-end mutual fund, will make debut in the stock exchanges on Sunday.The decision came in the board meeting of Dhaka Stock Exchange (DSE) held Wednesday.The meeting also decided that...

No Iran concessions in nuclear crisis, says Ahmadinejad

2008-07-24 00:00:00

TEHRAN, Jul 23 (AFP): President Mahmoud Ahmadinejad on Wednesday vowed that Iran would not step back "an inch" in the crisis with world powers over its nuclear drive, in a speech broadcast on state television."The Iranian people are steadfast and...

Australian inflation rate surges to 4.5pc

2008-07-24 00:00:00

SYDNEY, July 23 (AFP): Australia's annual inflation rate soared to a 12-and-a-half year high of 4.5 per cent in the year to June, official data showed today.The Australian Bureau of Statistics said the consumer price index rose 1.5 per cent...

Domestic violence

2008-07-24 00:00:00

JUST the other day there was a piece of news in the newspapers about a Bangladeshi settled in the US who had physically assaulted his American wife. The man was a twice elected councilman of the city. The man, Shahab...

East Asia called to tie up to ensure energy security

2008-07-24 00:00:00

SINGAPORE, July 23 (Xinhua): Foreign ministers of the ASEAN and their counterparts from Asian six key dialogue partners agreed yesterday to strengthen cooperation to ensure the region's energy security.During the one-day East Asia Summit (EAS) foreign ministers' informal consultations, the...

Call rate lower, dollar steady

FE Report | 2008-07-24 00:00:00

The inter-bank call money rate closed lower Wednesday with injection of fresh cash into the market. The US dollar, however retained its strength against Bangladesh taka (BDT) in the inter-bank foreign exchange market due to moderate demand for the greenback,...

Hardline Islamist takes over Somali opposition

2008-07-24 00:00:00

NAIROBI, Jul 23 (AP): A fundamentalist Muslim whom the US suspects of collaborating with al-Qaida says he has taken over leadership of Somalia's opposition.Sheik Hassan Dahir Aweys says he deposed the former chairman, Sheik Sharif Sheik Ahmed, because Ahmed signed...