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Turkey bombs 13 Kurdish targets in northern Iraq

2008-07-25 00:00:00

ANKARA, Jul 24 (AP): Turkish warplanes bombed 13 Kurdish rebel targets in northern Iraq, the military said Thursday.Turkey has conducted frequent air raids on suspected positions of the Kurdistan Workers' Party, or PKK, in northern Iraq. Earlier this year, it...

400m including 25m in Bangladesh trapped in chronic poverty: CPRC

2008-07-25 00:00:00

More than 400 million people across the world, including 25 million in Bangladesh, are trapped in chronic poverty, says a UK-based research organisation, reports BSS.The Chronic Poverty Research Centre (CPRC) in its annual report attributes the scenario to insecurity, limited...

Govt to follow 'quotation system' for emergency food import

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

A high-powered decision-making body Thursday advised the relevant agency to follow the 'quotation system' under the existing Public Procurement Regulations (PPR) for emergency food import within 10 days."Instead of inviting tender the food ministry can import food grains on an...

WUB English Department stages Othello

2008-07-25 00:00:00

The English Department of the World University of Bangladesh staged a simplified version of Shakespeare's Othello as a part of a cultural programme of the Department in the university auditorium today (Thursday). The Vice-Chancellor (VC), the Pro-VC, the Treasurer, heads...

New crops for export

2008-07-25 00:00:00

BANGLADESH has good prospects to export its agri-products to the UK, the USA, Europe and the Middle East. But the available surplus to export agri-products to these destinations are much less than the demand. One of the main reasons for...

BERC to set criteria for reducing licence fees

S M Jahangir | 2008-07-25 00:00:00

The Bangladesh Energy Regulatory Commission (BERC) will soon come up with a proposal for reducing the existing licence fees on the use of captive and stand-by generators above 1.0 megawatt (MW) capacity of industrial units."We are working out the necessary...

US housing bill may stem downward spiral

2008-07-25 00:00:00

WASHINGTON, July 24 (AFP): A wide-ranging housing rescue plan passed by the US House of Representatives yesterday could help ease the downward spiral in the property market that is weighing on the US economy, analysts say.The plan, which offers aid...

Fool-proof security on eve of local body polls

2008-07-25 00:00:00

Inspector General of Police (IGP) Nur Mohammad Thursday said 369 polling centres were marked as vulnerable out of 587 centres in four city corporation areas, reports UNB.On the other hand, 65 polling centres out of 141 are considered vulnerable in...

corporatewatch

2008-07-25 00:00:00

Social Investment Bank to issue right share 1:1 at parThe board of directors of Social Investment Bank Limited has decided to issue right share at the rate of 1:1 at par, subject to approval of the Securities and Exchange Commission...

Urgent steps to protect lives of 0.4m Sandwip people urged

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

Local government representatives and elite of Sandwip have urged the government for taking immediate steps to protect the lives of around 0.4 million people living in the island, who have been struggling against natural calamities over the years.They put forward...

Lampard's staying, says Scolari

2008-07-25 00:00:00

GUANGZHOU, China, July 24 (AFP): Coach Luiz Felipe Scolari insisted Frank Lampard was staying with Chelsea as reports broke that the club was set to make the midfielder Britain's highest paid footballer."Frank is staying with us. Finished," Scolari said.The Brazilian...

200 BCS economic cadre officers pass 10 years without promotion

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

A sense of dissatisfaction is prevailing among nearly 200 officers under the BCS economic cadre as they have failed to get any promotion even after completion of nearly ten years of service, the officers concerned said.'We have completed nearly 10...

Absence of anti adulteration drive

Our Correspondent | 2008-07-25 00:00:00

CHITTAGONG, July 24: Organised gangs have activated their drives for manufacturing adulterated items of goods in Chaktai-Khatungonj area since anti-adulteration drives have been suspended in the city.Adulterated items of goods have already flooded the markets in the port city and...

Call to review Right to Information Ordinance

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

The newly-launched Right to Information Forum has expressed concern over some significant weaknesses in the Right to Information Ordinance presently being considered by the government for enactment, and called upon the government to review it involving representatives of the forum.A...

Dhaka stocks bounce back

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

Dhaka stocks bounced back Thursday with nearly eight-month single day rise of the benchmark DGEN, propelled by the news of the Grameenphone going public and healthy corporate declarations by some companies.The benchmark Dhaka Stock Exchange (DSE) General Index (DGEN) soared...

All varieties face lower prices

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

In the face of less demand, market declined for all varieties particularly the Medium and plainer types, which were often withdrawn without bids. However, well-made good liquoring teas were well supported at lower rates. Blenders and Packeteers lent a fairly...

13 banks raise interest rates on deposits, 9 cut rates on lending

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

Interest rates on deposits rose while they fell on lending in commercial banks in the current month to narrow the spread, officials said.At least 13 commercial banks raised the interest rates on deposits in July to reduce the spread between...

Israel to build new settlement in West Bank

2008-07-25 00:00:00

JERUSALEM, Jul 24 (AP): A key committee has approved construction of the first new Jewish settlement in the West Bank in a decade, an Israeli official said Thursday. The news infuriated Palestinians, who said the decision could cripple peace efforts.The...

The tragic neglect of our proud heritage

Aminul Islam | 2008-07-25 00:00:00

THE ancient but crumbling structures signifying life and culture of those days of yore still stand in many places of Bangladesh and form collectively our national heritage. They range from the prehistoric time to the Bhuddist and the Hindu eras...

Stars join gold rush at

2008-07-25 00:00:00

HONG KONG, July 24 (AFP):The Australian Open, Roland Garros, Wimbledon and the US Open. And this year, a fifth Grand Slam: the Beijing Olympics.With the sport's biggest names lining up for a shot at gold, the Olympic tennis tournament provides...

Warid launches new prepaid package

2008-07-25 00:00:00

Warid Telecom Thursday launched another lucrative prepaid package with a Zem prepaid connection, Nokia 1208 handset and free talk-time worth Tk 3,500, says a press release.The latest package is available at all business centres, franchisees, corporate sales points and designated...

Tri-nation consortium lone bidder for 450MW Bibiyana power plant

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

The government found a single bidder for the 450 megawatt (MW) Bibiyana power plant that indicates a monopolistic situation in absence of any competition in the selection process, officials said.'We received a bid from the consortium of the Powertek Berhad...

China's overseas investments more than double in first half

2008-07-25 00:00:00

BEIJING, July 24 (AFP): China's overseas investment more than doubled in the first half of 2008, the government said today, as the energy- hungry nation sought to secure resources globally to fuel its economic boom.Non-financial direct outward investment hit 25.7...

Rice market

2008-07-25 00:00:00

We all expected that a bumper boro harvest would help bring down the prices of rice and cereals. But actually the prices of these very essential food items have only increased over the last several weeks. It is surprising that...

Asian markets extend gains for fourth day

2008-07-25 00:00:00

The stock markets across the Asia-Pacific region closed mostly higher for a fourth day on Thursday after oil prices fell to a seven-week low below $125 a barrel, easing inflation fears.Financial stocks rose, as credit worries eased on hopes that...

World oil prices mixed on signs of US demand weakening

2008-07-25 00:00:00

SINGAPORE, July 24 (AFP): World oil prices were mixed in Asian trade today amid signs of weakening demand in the United States, the world's biggest energy user, dealers said.In afternoon trade, New York's main contract, light sweet crude for September...

Russia may send nukes to Cuba: Report

2008-07-25 00:00:00

HAVANA, Jul 24 (CBS/AP) : Ailing Fidel Castro said Wednesday that Cuba's president was right to adopt a "dignified silence" over a Moscow newspaper report that Russia may send nuclear bombers to the island, and said Cuba doesn't owe any...

ICMAB holds discussion on SIDR survey report

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

The Institute of Cost and Management Accountants of Bangladesh (ICMAB) organised a discussion on 'Survey Report on Devastations Caused to the Bangladesh Economy by Cyclone SIDR-2007' at the ICMAB auditorium in the city recently.ICMAB past president and South Asian Federation...

President, CA greet Maldives President Gayoom

2008-07-25 00:00:00

President Professor Dr Iajuddin Ahmed and Chief Adviser Dr Fakhruddin Ahmed have greeted Republic of the Maldives President Maumoon Abdul Gayoom on the occasion of the country's Independence Day that falls on Saturday, reports UNB.In a message, Dr Iajuddin said...

Best Air to add two more aircraft

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

Private air carrier Best Air would boost its fleet by adding two more aircraft over the next two months as the airliner is set to lease one ERJ 145 and one Airbus 321 by the end of September this year.This...