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BB to unveil half-yearly monetary policy today

FE Report | 2008-07-17 00:00:00

The central bank is set to unveil its half-yearly (July-December) monetary policy aiming to achieve 6.5 per cent growth of gross domestic product (GDP) through curbing inflationary pressures on the economy.Bangladesh Bank (BB) Governor Salehuddin Ahmed will announce the monetary...

A year of living dangerously for the world

2008-07-17 00:00:00

It is now almost a year since the US subprime crisis went global. Many then hoped that the repricing of risk would be no more than a brief interruption in the progress of the US and world economies. Such hopes...

sports digest

2008-07-17 00:00:00

Spain name Bosque as new coachMADRID, July 16: Former Real Madrid boss Vicente del Bosque was Tuesday named as the new coach of the Spanish national team to replace Luis Aragones who led them to Euro 2008 glory last month....

Procter & Gamble's 6th 'Pantene You Got the Look' starts

FE Report | 2008-07-16 00:00:00

Grey Advertising Bangladesh Ltd, on behalf of Procter & Gamble Bangladesh, is organising the 6th Pantene 'you got the look' -- beauty and brains pageant in the city.YGTL has been taking place for six years. Every year, the show has...

US-Iraq talks on troops 'on track'

2008-07-16 00:00:00

WASHINGTON, Jul 15 (AFP) - The White House insisted Monday that talks with Iraq on a deal governing a long-term US military presence there are "on track" but declined to restate a July 31 deadline for sealing the accord."I would...

Mufassil journalists in districts and upazillas

2008-07-16 00:00:00

The role of journalism is the most heroic one. This involves also a human service, no doubt.But many mufassil journalists, performing in districts and upazilas in our country, are fake ones. They have no proper identify cards. Even some of...

Bangladesh to lead Third World in medical physics

2008-07-16 00:00:00

News Network quoting Professor K. Siddique-e-Rabbani of Dhaka UniversityEIGHTY per cent of the global population living in the third world countries hardly get the services of modern healthcare technologies and are unlikely to get in the foreseeable future if the...

Dhaka (S) customs sports competition completed

FE Report | 2008-07-16 00:00:00

The month-long inter-sports competition, organised by Dhaka (south) Customs, Excise and VAT Commissionerate Club, has been completed amid high enthusiasm and festivity Tuesday.Prizes were distributed among the winners at the concluding ceremony of the competition where National Board of Revenue...

Developing world has big inflation problem

2008-07-16 00:00:00

WASHINGTON, (Internet): The US and Europe have caught the inflation blues, but emerging economies have a full-blown case of inflation fever.Global inflation is set to rise from 3.5 per cent to 5.8 per cent this year, the highest in nine...

Left to live through horrors of price rise

Shamsul Huq Zahid | 2008-07-16 00:00:00

No one knows for sure what is the current rate of inflation, which, led by rising food and oil prices, is posing a serious threat to the economic gains achieved in recent years and the survival of a vast majority...

Blair postpones Gaza trip, cites threats

2008-07-16 00:00:00

BEIT LAHIYA, Jul 15 (AP): Mideast envoy Tony Blair Tuesday called off what would have been the first visit of a top Western diplomat to Hamas-ruled Gaza, citing a "specific security threat."The former British prime minister's visit Tuesday was to...

Handling of income tax cases being hampered

Our Correspondent | 2008-07-16 00:00:00

SYLHET, July 15: Only eight officers are on duty to settle more than hundred of thousands income tax cases in 9 income tax circles of Sylhet zone on the backdrop of the rapidly increased number of income taxpayers after the...

Unauthorised blood bank

2008-07-16 00:00:00

RECENTLY one of my relations was in the hospital. He required several bags of blood. Family donors gave some while rest of the bags were purchased from a nearby blood bank. Recently, an anti-adulteration mobile court raided some blood banks...

India detains 50 Bangladeshi barges loaded with fly ash

Jasim Uddin Haroon | 2008-07-16 00:00:00

Around 50 Bangladeshi barges loaded with fly ash, a raw material for production of cement, remained stranded at Kolkata port for over two weeks due to an Indian government move following sinking of a vessel.The Inland Waterways Authority of India...

The business case for more sustainability

Morgen Witzel | 2008-07-16 00:00:00

There is a green revolution under way in business. After years of scepticism, big companies are starting to see the need for change. They are acting to cut waste, cut carbon emissions, find sources of renewable energy and develop sustainable...

Bombers kill Iraq army recruits

2008-07-16 00:00:00

At least 35 people have been killed and more than 50 injured in a double suicide bombing north of the Iraqi capital, Baghdad, army sources say.The two attackers mingled with a crowd of would-be recruits at an army base in...

Britain to send 120 more troops to Iraq

2008-07-16 00:00:00

LONDON, July 15 (AFP) : Britain will send 120 more troops to Iraq to help train the Iraqi army, a Ministry of Defence spokesman said Tuesday.The spokesman could not immediately specify a timeframe for their arrival in the Middle Eastern...

Prawn culture in Teesta irrigation canal in Nilphamari begins

Abu Musa Mahmudul Hoque | 2008-07-16 00:00:00

NILPHAMARI, July 15: District Fisheries Office of Nilphamari has undertaken a comprehensive project to cultivate lobster in Teesta irrigation canal in Nilphamari. Sources said the district fisheries office recently released 2000 fry into the canal water between the canal's Chanderhat...

Bakery industry in Ctg facing serious crisis

Our Correspondent | 2008-07-16 00:00:00

CHITTAGONG, July 15: As a result of abnormal price hike of materials required for making bakery products, accompanied by excessive rise in prices of power, gas and fuel, bakery industries in the port city are facing a difficult situation.In the...

Warid to launch 24-hour healthcare service soon

FE Report | 2008-07-16 00:00:00

Warid Telecom is going to launch shortly electronic healthcare services known as Tele Health Services (THS) for all Warid subscribers in cooperation with Japan Bangladesh Friendship Medical Service (JBFMS).The Tele Health Services is a 24-hour Medical Call Centre managed by...

Dhoni gets all female police guard to keep away unwanted admirers

2008-07-16 00:00:00

NEW DELHI, July 15 (AP): India cricket star Mahendra Singh Dhoni is used to being surrounded by the ladies.Now it will become a permanent fixture in his life after police in his hometown of Ranchi assigned an all-female group of...

Sour lemon sweetens lives of Sirajganj farmers

Our correspondent | 2008-07-16 00:00:00

SIRAJGANJ, July 15: Mujibur Rahman is a former headmaster of Subarnogathi High School under Royganj upazila of the district. He had long been cultivating lemon on his land and sold about 35000 pieces of lemon worth around Tk 0.1 million...

Aziz contradicts claim about poverty reduction reversal

FE Report | 2008-07-16 00:00:00

Finance and planning adviser Mirza Azizul Islam has asked the local companies to raise their capital from the country's stock markets to lessen dependency on bank borrowing."Most of the domestic companies have apathy in mobilisation of funds from the stock...

China's garment export up moderately

2008-07-16 00:00:00

BEIJING, July 15 (Xinhua): China exported 49.96 billion US dollars of clothing and accessories in the first half of 2008, up 3.4 per cent and year-on-year with the growth rate 18.3 per cent less than in the same period of...

Appreciation of taka: A policy dilemma

2008-07-16 00:00:00

IT is the policy of the central banks the world over to keep the real effective exchange rate (REER) of the currencies of their respective countries stable. The Bangladesh Bank, it seems, is deliberately avoiding that policy and keeping the...

SEC decides to locate sources of rumour

FE Report | 2008-07-16 00:00:00

The Securities and Exchange Commission (SEC) has decided to find out the source of rumours affecting the capital market and investors' interest as well."The securities regulator is officially trying to find out source of rumours, that are affecting the capital...

Rahmatganj eye 4th or 5th position in 2nd B League

2008-07-16 00:00:00

Rahmatganj MFS, a traditional old Dhaka outfit, eyes the 4th or 5th position in the upcoming 2nd B League that will begin end- August, reports UNB.Rahmatganj MFS football secretary Salahuddin Kala Tuesday told that they secured the 11th position in...

Conqueror who believed in God and Mammaon

2008-07-16 00:00:00

Julie Earle-Levine and Kate BurgessSIR John Marks Templeton, who has died at the age of 95 in Nassau, conquered Wall Street to become one of the world's greatest investors and philanthropists.Sir John, who was one of the first people to...

HC issues rule on EC, govt

2008-07-16 00:00:00

The High Court (HC) issued a two-pronged rule Tuesday asking the Election Commission (EC) and the government to explain why the August 4 polls before publication of final voters' list should not be declared unlawful.The EC on June 20 announced...

Dollar eases in Asia on renewed financial fears

2008-07-16 00:00:00

TOKYO, July 15 (AFP): The dollar dipped in Asian trade today as worries about the health of the US financial sector grew despite steps by Washington to try to ease pressure on mortgage giants, dealers said.They said a decision by...