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Argentina drops tax hike on grain exports

2008-07-20 00:00:00

BUENOS AIRES, July 19 (AFP): Argentina said yesterday it was dropping a controversial plan to raise taxes on its all-important grain exports, one day after the government was dealt a defeat on the measure in the senate.Taxes on soya-its main...

Dollar holds ground after Citigroup earnings report

2008-07-20 00:00:00

NEW YORK, July 19 (AFP): The dollar held firm yesterday amid news that US banking giant Citigroup, hard-hit by a sharp downturn in the US housing market, posted a smaller than expected quarterly loss.The euro was quoted at 1.5846 dollars...

Two French aid workers taken

2008-07-20 00:00:00

PARIS, July 19 (AFP): Two French aid workers have been kidnapped in Afghanistan, Action Against Hunger (Action Contre la Faim - ACF) said Friday in a statement.The pair-whose identities were not revealed-were kidnapped in the early hours of the morning...

Beijing begins massive Olympic shutdown to clean capital's filthy air

2008-07-20 00:00:00

BEIJING, July 19 (AP): Beijing's Olympic shutdown begins Sunday, a drastic plan to lift the Chinese capital's gray shroud of pollution just three weeks ahead of the games.Half of Beijing's 3.3 million vehicles will be pulled off the roads and...

Novartis celebrates 35 years in Bangladesh

FE Report | 2008-07-20 00:00:00

Novartis celebrated 35 years of helping patients in Bangladesh all over the country Wednesday through community activities.Novartis conducted health check for marginalised people and tree plantation in 13 areas of the country on the occasion.July 17 in 1973, Novartis started...

Arrested Indian citizen gives different account of BSF claims on border clash

2008-07-20 00:00:00

CHAPAINAWABGANJ, July 19 (UNB): The Indian citizen, who was arrested early Friday after a border skirmish between Indian and Bangladeshi guards, said the Indian side had opened fire first.Members of the Bangladesh Rifles arrested the man, Tajemul Haque, after the...

Roadside bomb kills 4 policemen in Kandahar

2008-07-20 00:00:00

KANDAHAR, Jul 19 (AP) : Police say a roadside blast insouthern Afghanistan has killed four policemen.Khan Mohammad, a police official in Kandahar province, says the blast struck a patrol in Maywand district Saturday.Mohammad says four policemen were killed and another...

Seminar on HIV/AIDS held in Mymensingh

2008-07-20 00:00:00

MYMENSINGH, July 19 (BSS): A daylong seminar on `Awareness raising on HIV/AIDS for youths in Bangladesh' was held in the auditorium of Mukul Neketon High School today.Organised by national association of UNESCO clubs in Bangladesh in cooperation with Bangladesh national...

Itinerary for New Zealand visit announced

2008-07-20 00:00:00

The Bangladesh Cricket Board announced the itinerary Saturday for a tour by New Zealand in October, reports Reuters. New Zealand will arrive on October 4 to play three one-day internationals and two Tests. Bangladesh lost three one-day matches and two...

Citigroup projects economy to grow at 5.7pc in FY '09

FE Report | 2008-07-20 00:00:00

The US-based Citigroup has projected Bangladesh's economy to grow at a lower 5.7 per cent in fiscal 2008-09 (FY09) due to slow investment and unfavourable global environment.The projection is well below the gross domestic product (GDP) growth prediction of 6.5...

Domestic and foreign investment in Indian retail sector

Chandan Mukerjee | 2008-07-20 00:00:00

THEORETICALLY investment in retail sector will have a positive spill-over effect on other related sectors of the economy. Practically it needs to be assessed and ensured that investments are channelised properly for an integrated development in all the related sectors...

Mercantile Bank holds half-yearly business conference

2008-07-20 00:00:00

The Half-Yearly Business Conference -2008 of Mercantile Bank Limited was held at a city hotel Saturday.The first vice president of the bank attended the conference as the chief guest while First Vice Chairperson Tazneen Aman, Chairman of the executive committee...

Six-day Int'l confce on 'global climate change' begins in city Aug 25

DU Correspondent | 2008-07-20 00:00:00

A six-day international conference on 'global climate change and its affects' will be held in Dhaka from August 25 to 30.Dhaka University (DU) and Ohio State University, USA are jointly organising the conference in cooperation with World Metrological Organisation (WMO),...

Congestion at Ctg port easing

FE Report | 2008-07-20 00:00:00

Congestion at the Chittagong port is gradually easing as the main line operators have started to lift their empty containers to avoid payment of a fresh penal rent of the Chittagong Port Authority (CPA).The CPA warned that it would slap...

Agrani Insurance approves 7.0pc cash dividend

2008-07-20 00:00:00

The 8th annual general meeting (AGM) of Agrani Insurance Company Limited approved 7.0 per cent cash dividend for the shareholders concerned for the year 2007.The AGM was held at the Bangladesh Institute of Administration Management (BIAM) auditorium in the city...

Finance ministry approves new rule on public assets, budget

Shakhawat Hossain | 2008-07-20 00:00:00

The finance ministry has approved a new regulation on public assets and budget that aims at keeping bank borrowings within 3.0 per cent of the country's gross domestic product (GDP), said the ministry officials.The regulation, first of its kind, has...

Huawei donates world class wireless telecom lab worth $3m to BUET

FE Report | 2008-07-20 00:00:00

Huawei, a global leader in next generation communication network, will provide a world class wireless communication laboratory and training centre to Electric and Electronics Engineering (EEE) Department of Bangladesh University of Engineering and Technology (BUET).The lab, equipped with GSM-CDMA technology,...

Brown meets al-Maliki to assess progress

2008-07-20 00:00:00

BAGHDAD, July 19 (AFP) - British Prime Minister Gordon Brown arrived in Baghdad Saturday and quickly went into talks with his Iraqi counterpart to assess the progress made in security and political stability in the war-torn country.Brown held nearly an...

Carbide-tainted fruits cause serious health hazard

2008-07-20 00:00:00

Seasonal summer fruits contaminated with carbide are causing serious health hazards such as stomach pain, acidity, food poisoning, digestive trouble and colon cancer, experts said Saturday, reports BSS."Carbide mix hinders biochemical reaction in fruits and subsequently cause the deadly diseases...

Golam Mostafa Lane KS beat Dhaka XI

2008-07-20 00:00:00

Golam Mostafa Lane Kishore Sangha made a good start in the 2nd phase of the Metropolis Pioneer Football League beating Dhaka X1 Club by 1-0 goal in the opening match at the Bir Shreshtha Shaheed Sepoy Mohammad Mostafa Stadium at...

Chinese dissident arrested on secret charges

2008-07-20 00:00:00

BEIJING, July 19 (AFP): Chinese dissident Huang Qi, who campaigns for the parents of children killed in the Sichuan earthquake, has been arrested for "illegal possession of state secrets," his wife said today.Qi was detained in the Sichuan capital Chengdu...

197 polling centres identified as vulnerable in KCC

2008-07-20 00:00:00

KHULNA, July 19 (UNB): Khulna Metropolitan Police (KMP) has identified 101 polling centres as vulnerable while 96 others most vulnerable in 31 wards of Khulna City Corporation (KCC) for the mayoral poll slated for August 4.KMP has taken necessary steps...

Meeting on malaria control held at Netrakona

Our Correspondent | 2008-07-20 00:00:00

A meeting on "assistance of mass media to malaria control programme" for local newsmen was held at the conference room of Deputy Commissioner's office , Netrakona on Wednesday.District Civil Surgeon office, Health and Family Planning Department and BRAC jointly organised...

Poet Samudra Gupta passes away

2008-07-20 00:00:00

Poet Samudra Gupta (Abdul Mannan) died of cancer in a hospital in India Saturday, reports UNB.He was 62. The ailing poet was taken to India on July 3 for better medical treatment.Cultural Affairs Adviser Rasheda K Chowdhury expressed deep shock...

Don't delay for tomorrow what can be done today

FE Special | 2008-07-20 00:00:00

Procrastination is delaying any task which can be done now or today, another meaning is taking longer time to complete a task than is required. As is described in Wikipedia-procrastination is'deferment of actions or tasks to a later time'.It is...

Intel wants FCC to require cable HD set

2008-07-20 00:00:00

Intel suggested that the Federal Communications Commission amend its rules to require cable operators to provide an Internet protocol-networking interface, such as Ethernet, on their high-definition set-top boxes.The proposed change would mandate that cable's high-end set-top boxes include a way...

Some gas-fired power plant projects may be dropped

FE Report | 2008-07-20 00:00:00

The country will not afford to have any more gas-fired power plant due to dwindling supply of the natural fuel, a top government official said Saturday."The government might even drop some of the projects on installation of gas-fired power plants,"...

WTO publishes trade ruling against China

2008-07-20 00:00:00

GENEVA, July 19 (Agencies): The World Trade Organisation (WTO) made public its first official condemnation of Chinese commercial practices Friday, releasing a February ruling that sided with the United States, the European Union and Canada in a dispute over car...

14 killed in Nepal bus plunge

2008-07-20 00:00:00

KATHMANDU, July 19(AFP): At least 14 people were killed when a passenger bus skidded off a mountain highway into a river in southern central Nepal, police said today."We have recovered 12 bodies from the Trishuli river and two died while...

Obama struggling to convince all Jewish voters

2008-07-20 00:00:00

NEW YORK, July 19 (AFP) : White House hopeful Barack Obama is still struggling to convince some wary Jewish voters to close ranks behind his campaign despite their traditional support for Democratic candidates.Obama has taken steps to reassure American Jews...