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Deadly blast hits Afghan market

2008-07-14 00:00:00

A suicide attack in south Afghanistan has killed at least 21 people, many of them children, police say.The bomb was detonated in a market in the Deh Rawud district of Uruzgan province at about 1030 local time.Provincial police chief Jumma...

Understanding corruption

2008-07-14 00:00:00

Air Commodore Muhammad Zakiul Islam ndu acsc (Retd)HOW does one define and understand corruption. Although it is much easier to be comprehended, it is equally difficult to put up a definition. According to the Wikipedia, "Corruption, when applied as a...

N Korea rebuffs S Korean appeal for dialogue

2008-07-14 00:00:00

SEOUL, Jul 13 (AFP): North Korea on Sunday rejected an appeal by South Korean President Lee Myung-Bak for better relations as "clumsy wordplay," further heightening tensions following the killing of a South Korean tourist.The South's new leader Lee on Friday...

HSBC sponsored photography exhibition on Dhaka begins

FE Report | 2008-07-14 00:00:00

Commemorating the 400th year of Dhaka as a city, a photography exhibition titled '400 Years of Dhaka' was opened in the Drik Gallery of the city Sunday.Sponsored by the Hongkong and Shanghai Banking Corporation Limited in Bangladesh (HSBC), the exhibition...

corporatewatch

2008-07-14 00:00:00

NAV of Grameen1 Tk 29.52On the close of operation on June 30, 2008, the Grameen Mutual Fund One reported its net asset value (NAV) of Tk 29.52 per unit on the current market price basis and Tk 22.01 on the...

Yahoo spurns Microsoft again as bad blood boils

2008-07-14 00:00:00

In this May 4, 2007 file photo, a Times Square news ticker flashes a headline about Microsoft above a billboard for Yahoo in New York. Yahoo Inc late Saturday rejected Microsoft's latest attempt to buy its online search operations in...

Ganguly to play in the football I-League

2008-07-14 00:00:00

KOLKATA, July 13 (PTI): Former India cricket captain Sourav Ganguly will try his legs on football and will turn out for Chirag United in the I-League starting in September.Chirag United, who were promoted to the I-League this season, will sign...

China's farm produce trade deficit up 14.3 times in first five months

2008-07-14 00:00:00

BEIJING, July 13 (Xinhua): China's trade deficit in agricultural products rocketed 14.3 times on the year-earlier level to 7.57 billion US dollars in the first five months of this year, sources with the ministry of agricuture said today.Foreign trade in...

Love hat-trick breaks Spartak hearts

2008-07-14 00:00:00

MOSCOW, July 13 (AFP): Brazilian striker Vagner Love scored a first-half hat-trick to lead CSKA Moscow to a 5-1 win over city rivals, and nine-time champions, Spartak in the Russian Premier league Saturday.The Red Army side were 3-0 ahead before...

Final-week winners of Mortein awarded

2008-07-14 00:00:00

The eighth and final-week winners of Mortein "Shonar Porosh Offer" organised by the Reckitt Benckiser (Bangladesh) Ltd were awarded in the city recently, says a press release.Human Resources Director of the company Sheikh Tashfeen Islam and Trade Marketing Manager Md...

Swapan Pervez emerges champion in Premier Division

2008-07-14 00:00:00

Swapan Pervez of Bashundhara Group emerged champion in Premier Division of the 1st Delta Life National Squash Tournament beating defending champion Bhola Nath Chouhan by 3-1 sets in a keenly contested final at the Dhaka Club in the city Sunday,...

Horlicks

FE Report | 2008-07-14 00:00:00

A re-launch of Horlicks carrying a logo stating the proven claim that Horlicks is "now proven - taller, stronger, sharper" - was unveiled Sunday at a city hotel.Mahbub Jamil, special assistant to the Chief Adviser for ministries of industries, youth,...

Al-Arafah bank approves 20pc stock dividend

FE Report | 2008-07-14 00:00:00

Al-Arafah Islami Bank Ltd approved 20 per cent dividend in the form of bonus share for the year 2007 at its 13th annual general meeting (AGM) held at BDR Darbar Hall in the city Sunday.Al-Arafah bank Chairman Md Anowar Hossain...

Cargo vessel workers call off strike

FE Report | 2008-07-14 00:00:00

The lighterage, cargo and oil tanker workers called off their strike after around 70 hours Sunday night following a fruitful tripartite meeting among workers, government and vessel owners."We are expecting the operation of all cargo carrying vessels resume shortly tonight...

Management Deptt champions in Inter-department Football

Our correspondent | 2008-07-14 00:00:00

CHITTAGONG, July 13: Management Department became champions of the Mostafa Group inter-department football tournament held at Dampara Police line ground here recently.Mostafa Group Chairman Hefazatur Rahman handed over the trophy to the champion team.Bangladesh Ship Breakers Association Vice President Kamaluddin,...

Air India Express to launch Dhaka-Kolkata flights on July 20

FE Report | 2008-07-14 00:00:00

Indian Government owned Air India's economy carrier Air India Express would launch six flights a week between Dhaka and Kolkata with effect from July 20, 2008.Air India Express, Bangladesh Country Manager SR Premkumar announced it at a press conference at...

Expediting power for development

Manzur Ahmed | 2008-07-14 00:00:00

WHERE we are? To improve the socio-economic condition and to alleviate poverty, expediting efforts for power supplies to facilitate progress must be one of the top most agenda of the government. But the country is currently facing chronic and massive...

China tourists drop $1.3m in Taiwan

2008-07-14 00:00:00

TAIPEI, July 13 (Reuters): Chinese tourists who just finished a historic trip to Taiwan, which normally bans them for security reasons, spent about T$40 million ($1.3 million), a perk for the island's sagging economy, local media said Saturday.Some of the...

news digest

Pope Benedict XVI | 2008-07-14 00:00:00

arrives in SydneySYDNEY, Jul 13 : The leader of the Catholic Church Pope Benedict XVI arrived in Sydney Sunday ahead of one of the biggest celebrations of his faith, World Youth Day. The plane carrying the spiritual leader of the...

Roundtable on World's Natural 7 Wonders to be held tomorrow

2008-07-14 00:00:00

A roundtable on "Possible steps to be taken by Bangladesh for selecting World's Natural Seven Wonders" will be held at CIRDAP auditorium in the city tomorrow (Tuesday), reports UNB.Bangladesh Tourism Promotion Association organised the roundtable for effectively conducting the promotional...

FE Report | 2008-07-14 00:00:00

'Esho Bangladesh Gori' campaign and Square Toiletries Ltd.'s popular brand Freshgel's 'Freshgel Mukh Safai, Desh Safai' will jointly organise a 'Concert for Bangladesh' at Shaheed Suhrawardi Indoor Stadium July 17.The popular campaigns-'Esho Bangladesh Gori' and Square Toiletries Ltd.'s popular brand...

MCCI expresses concern for LDCs

FE Report | 2008-07-14 00:00:00

The Metropolitan Chamber of Commerce & Industry (MCCI), one of the country's leading trade promotion bodies, has called for making concerted efforts for ensuring market access for the products of the least developed countries (LDCs), as was promised to them...

Iran confirms Total's withdrawal from gas project

2008-07-14 00:00:00

TEHRAN, July 13 (AFP): Iran's oil minister confirmed yesterday that French energy giant Total has dropped out of a multi-billion- dollar gas investment in the Islamic republic, the state broadcaster reported."In our eye Total is considered out," Gholam Hossein Nozari...

Badsha withdraws candidature

2008-07-14 00:00:00

RAJSHAHI, Jul 13 (UNB): Workers' Party Politburo member Fazle Hossain Badsha withdrew his candidature for mayor of Rajshahi City Corporation (RCC) Sunday, as the 14-party combine changed their nominee to put an end to a tug-of-war over the coveted seat.Badsha,...

C

FE report | 2008-07-14 00:00:00

The 20th Triennial Commonwealth Auditors' General Conference was held in Bermuda from July 6 to July 9 with the main theme "Accountability for the 21st Century".Auditor General of Bermuda Larry T Dennis inaugurated the conference, Deputy Prime Minister In-charge of...

Raised untaxed income ceiling boon for undisclosed money holders

Doulot Akter Mala | 2008-07-14 00:00:00

People having undisclosed incomes could enjoy the benefit of the existing untaxed income limit of Tk 165,000 at the time of declaring their legally-earned money under the latest offer the government has made to this end, a senior revenue official...

Bank Alfalah rated AA2 by CRAB

FE Report | 2008-07-14 00:00:00

Bank Alfalah Limited, the financial arm of Dhabi Group, UAE, has been awarded AA2 (Double A Two) in the long-run by the Credit Rating Agency of Bangladesh Limited (CRAB) for the year 2007.On a similar note, an 'ST-1 Rating' for...

SEC chairman briefs Finance Adviser on the latest stock market situation

FE Report | 2008-07-14 00:00:00

The Securities and Exchange Commission (SEC) chairman Sunday briefed the Finance Adviser about the latest stock market situation.Market sources said SEC chairman Faruk Ahmad Siddiqi met Finance Adviser Mirza Azizul Islam on the day and talked about the latest stock...

Pele, Banks warn Ronaldo over Real deal

2008-07-14 00:00:00

LONDON, July 13 (AFP): Football legends Pele and Gordon Banks both warned Portuguese star Cristiano Ronaldo against walking out on Champions League winners Manchester United and moving to Spanish giants Real Madrid Saturday.The 23-year-old forward has still four years remaining...

Ratio of parks

2008-07-14 00:00:00

The ratio of parks to residents in Dhaka city must be a very poor. The balance is heavily against the residents. But parks are like the lungs of a city, specially a huge city of about 15 million inhabitants, which...