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Krishi Bank GMs' review meeting held

FE Report | 2008-07-22 00:00:00

The fourth review meeting of the general managers of Bangladesh Krishi Bank (BKB) for the fiscal 2007-08 was held at its head office in the city recently, said a press release.BKB Board of Directors Chairman Khondkar Ibrahim Khaled inaugurated the...

India allows Bangladeshi barges to sail with fly ash

FE Report | 2008-07-22 00:00:00

The Indian authority last Thursday gave the sailing permission to 50 Bangladeshi barges loaded with fly ash, a raw material for producing cement, that were stranded at Kolkata port since July 1.The barges having capacity between 500 and 1800 tonnes...

Indian forest guards shoot Bangladeshi farmer

2008-07-22 00:00:00

MYMENSINGH, July 21 (UNB): A Bangladeshi farmer was shot and injured grievously by Indian forest guards on Para Gobrakura frontier in Haluaghat Upazila Monday morning. Haluaghat thana police said Indian forest guards opened fire on a group of farmers when...

Thrust on bilateral cooperation to grow businesses

FE Report | 2008-07-22 00:00:00

Malaysia is all set to develop the untapped Bangladeshi Halal market after the Malaysian Ministry of Entrepreneur and Cooperative Development (MeCD) announced the participation of at least 30 Malaysian Halal manufacturers in the upcoming four-day long Halal Malaysia Week (HMW)...

China on brink of becoming dominant sporting power

2008-07-22 00:00:00

BEIJING, July 21(AFP): China is on the brink of becoming the most dominant sporting power in the world, with expectations running high that they will bounce the United States from the top of the Olympic medal table.At Athens four years...

Boom time for the global bourgeoisie

Jim O'Neill | 2008-07-22 00:00:00

FT Syndication ServiceIN the midst of the current widespread gloom and doom in the west, it is important not to lose sight of the true structural themes shaping our era.Linked to the current mood, commentators often depict an embattled and...

Noise pollution

2008-07-22 00:00:00

THE terrible din that goes on during the construction of buildings is quite unimaginable. And it is intolerable, but then tolerate we must because the people whose buildings are being built and those who are building them -- the contractors...

BP blocks massive dividends to Russian partners

2008-07-22 00:00:00

LONDON, July 21 (AFP): British oil giant BP has blocked a mammoth dividend payment due to Russian shareholders of a strife-torn joint venture, an English newspaper reported yesterday.The move is seen as leverage amid a bitter row over investment plans...

Bigwigs make beeline for bail

2008-07-22 00:00:00

A host of petitions from high-profile politicians and businessmen facing corruption charges was placed before the High Court (HC) Monday either for bail or quashing the graft cases filed against them by the Anti-corruption Commission (ACC), reports UNB.Court sources said...

Obama visits Iraq, focus on war strategy

2008-07-22 00:00:00

BAGHDAD, July 21 (Reuters): US Democratic presidential candidate Barack Obama flew to Iraq Monday to get a first-hand look at security conditions in the country, where violence is at its lowest since early 2004.His visit thrusts US strategy in Iraq...

India, Pakistan begin new round of peace talks

2008-07-22 00:00:00

NEW DELHI, July 21 (AFP): India and Pakistan on Monday started fresh peace talks despite a bomb attack on India's embassy in Kabul which New Delhi blamed on Pakistan's spy service.Security, release of prisoners and trade will figure in the...

OMS operation in targeted areas from late August

2008-07-22 00:00:00

The government is going to introduce Open Market Sales (OMS) from the third week of August, to offer rice at more affordable prices for the month of Ramadan, reports bdnews24.comFood and disaster management secretary Mollah Wahiduzzaman announced that OMS measures...

US AL demands permanent release of Hasina

2008-07-22 00:00:00

NEW YORK, July 21 (BSS): The USA unit of Bangladesh Awami League (AL) has demanded permanent release of its president and former premier Sheikh Hasina.This demand was voiced at a protest meeting of the unit held here Sunday with organisation...

EU offers to cut farm tariffs by 60pc

2008-07-22 00:00:00

GENEVA, July 21 (AP): The European Union said Monday it would slash farm tariffs by 60 per cent as part of a new global trade pact, a deeper cut than it has ever offered.EU Trade Commissioner Peter Mandelson told reporters...

Russia bullish on Beijing medals outlook

2008-07-22 00:00:00

MOSCOW, July 21(AFP): Confidence is running high among Russia's Olympic athletes that they can win more medals this summer in Beijing than they did four years ago in Athens, the country's top Olympic official has said."It would be very hard...

Nat

2008-07-21 00:00:00

The zonal round of the Spectra Group National Women's Kabaddi Competition, organised by Bangladesh Kabaddi Federation, begins tomorrow (Tuesday) at five separate venues across the country, reports UNB.The venues are Jessore, Faridpur, Jamalpur, Jhenidah and Dhaka.Twenty-three DSAs along with Bangladesh...

Authorities look to cut travel time by Dhaka-Kolkata train

2008-07-21 00:00:00

The railway authorities of Bangladesh and India have agreed to cut travel time by two hours for journey by the Dhaka-Kolkata passenger train Maitree Express by minimising customs and immigration formalities, officials said Sunday, reports bdnews24.com.According to a preliminary agreement...

Frozen food exporters face strict conditions of buyers

Our Correspondent | 2008-07-21 00:00:00

CHITTAGONG, July 20: With the ever increasing export of the frozen shrimps and fishes from the country, terms and conditions on the quality set by the importers are also becoming stricter gradually.This was stated by the Bangladesh Frozen Food Exporters'...

HC directs govt to explain legal basis of emergency

2008-07-21 00:00:00

The High Court Sunday directed the caretaker government to explain why the proclamation of state of emergency and the Emergency Power Ordinance along with its rules should not be declared illegal and contrary to the Constitution, reports bdnews24.com.After a long...

Despite duty cut, prices of some life-saving drugs remain same

Jasim Uddin Haroon | 2008-07-21 00:00:00

Prices of drugs administered for respiratory diseases remained unchanged in the local market despite a significant cut on the import duty of the items.The government reduced the duty on import of life-saving and critical drugs to 7.0 per cent from...

ACC Chairman warns service sector officials against corruption

2008-07-21 00:00:00

DINAJPUR, July 20 (UNB): Anti-corruption Commission (ACC) Chairman Lt Gen (retd) Hasan Mashhud Chowdhury Sunday called upon officials and employees of the service sectors to be vigilant so the country's poor people do not become victims of corruption."To eliminate corruption...

Wheat prices fall in India markets

2008-07-21 00:00:00

NEW DELHI, JUL 20 (PTI): Grains: Wheat prices fell in the national capital during the week under review on increased supplies from producing regions of Haryana and Punjab amid restricted buying support from stockists and rolling flour mills.However, prices of...

BSTI, British High Commission to organise SR Stakeholders' confce

FE Report | 2008-07-21 00:00:00

Bangladesh Standards and Testing Institution (BSTI), in collaboration with the British High Commission in Dhaka, will hold a national Social Responsibility (SR) Stakeholders' Conference at the BSTI conference suite in Tejgaon today (Monday), said a press release.BSTI has already completed...

Pope warns of 'spiritual desert'

2008-07-21 00:00:00

The Pope has urged young people to stay away from the "spiritual desert" he says is spreading across the world, at the end of his trip to Australia, reports BBC.Pope Benedict XVI told a crowd of about 200,000 people at...

Brazil prepared to wait four years for better WTO pact

2008-07-21 00:00:00

GENEVA, July 20 (AFP): Brazil is willing to wait until 2012 in order to secure a better deal on the negotiating table at the World Trade Organisation (WTO), its Foreign Minister Celso Amorim said yesterday.Speaking to journalists in Geneva, where...

Keeping the lifeline unaffected

Shamsul Huq Zahid | 2008-07-21 00:00:00

The country remains indebted to expatriate Bangladeshis. For without the money they send home it would have been really hard for the government to finance the ever-increasing import bills and maintain a reserve enough to meet import requirements for, at...

Korean co to invest $8m in Karnaphuli EPZ

FE Report | 2008-07-21 00:00:00

Korean enterprise Park (Bangladesh) Company Limited will set up a luggage and handbag manufacturing industry in the Karnaphuli Export Processing Zone (EPZ).This 100 per cent foreign-owned company will invest about Tk 560 million in setting up their plant and will...

Taka appreciates against US dollar marginally

FE Report | 2008-07-21 00:00:00

Bangladesh taka (BDT) has appreciated marginally by 0.03 per cent against the US dollar as the inflow of foreign currency increased in the market.The US dollar was quoted at Tk 68.48 -Tk 68.53 in the inter-bank foreign exchange market Sunday...

Reserves in gas fields need to be re-assessed: Tamim

2008-07-21 00:00:00

SYLHET, July 20 (UNB): Chief Adviser's Special Assistant for Power, Energy and Mineral Resources Prof M Tamim Sunday said the reserves in the existing gas fields need a quick and proper reevaluation.'Necessary steps would have to be taken to extract...

New air-conditioned train to be seen on Ctg-Dhaka rail route soon

Our Correspondent | 2008-07-21 00:00:00

CHITTAGONG, July 20: A new air-conditioned train is being launched on Chittagong-Dhaka rail route.Bangladesh Railway (BR) would take a final decision to this effect within a month, concerned sources said.Sources said, the new AC train would be launched on trial...