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Garment exports may be affected as investment in textile sector drops

Shakhawat Hossain | 2008-07-13 00:00:00

The share of textiles in total private sector investment dropped to 53.63 per cent in nine months of fiscal 2007-08 from around 70 per cent during the same period a year ago.According to the Board of Investment (BoI) provisional statistics,...

E-governance for Bangladesh

2008-07-13 00:00:00

Taiabur Rahman and Niaz Ahmed KhanTHE recent years have seen an upsurge in e-governance and Information and Community Technology (ICT) application. It is often agued that the emergence of e-governance- both in practice and concept - has been a crucial...

Firms tackle security flaw in web addressing system

Christopher Rhoads | 2008-07-13 00:00:00

A computer researcher revealed a fundamental flaw in the Internet's addressing system, necessitating a massive Internet security upgrade primarily for businesses and service providers, according to a division of the Department of Homeland Security.The problem makes it possible for computer...

DU to open three new faculties next year

DU Correspondent | 2008-07-13 00:00:00

Dhaka University (DU) is likely to open three new faculties from the next academic year to reflect all aspects of knowledge and practice at the university.The proposed faculties include --- Faculty of Fine Arts now known as Institute of Fine...

Paulson stands by Fannie and Freddie

2008-07-13 00:00:00

James Politi in Washington andSaskia Scholtes in New YorkFT Syndication ServiceThe Bush administration on Friday attempted to quash suggestions that the US government might have to nationalise Freddie Macand Fannie Mae, the giant mortgage companies that have unsettled the financial...

Attempts at best medicine rankings prove a bitter pill

2008-07-13 00:00:00

Nicholas Timmins, Clive Cookson and Andrew JackIt is a beguilingly simple question: which is the best health system in the world? But although it is often asked, there is no sensible single answer.Indeed, trying to answer it has proved destabilising...

JBPPL to begin commercial operation by month-end

FE Report | 2008-07-13 00:00:00

Japan Bangladesh Printing & Papers Limited (JBPPL), country's lone private security printing company will begin commercial operation by the end of this month aiming to launch the latest global standard printing technology in the country.The company's products include security printing,...

Govt introduces leasing system to give jute mills to private operators

2008-07-13 00:00:00

The caretaker government introduced leasing system to give jute mills to private operators as the last kiss of life to the moribund jute sector, once country's main foreign-exchange earner.With this system in place the old practice of taking money from...

England quicks spark South Africa slump

2008-07-13 00:00:00

LONDON, July 12 (AFP): England removed three of South Africa's leading batsmen to leave the Proteas in a perilous position in the first Test at Lord's here Saturday.South Africa, at lunch on the third day, were 78 for three, still...

Valuable lessons from outside the classroom

William McKenzie | 2008-07-13 00:00:00

CUSTOM dictates that in this, my final journal, I should exclaim: "It seems like only yesterday that I began my MBA". However, this clich

Yahoo opens its search technology to third parties

2008-07-13 00:00:00

Yahoo will allow other Web sites to use its technology to build their own search services in a new revenue-sharing scheme announced on Thursday.Yahoo said it would release the beta version of an API (application programming interface) on Thursday that...

Indonesia starts poll campaign

2008-07-13 00:00:00

JAKARTA, Jul 12 (AFP) : Indonesia kicked off a mammoth nine-month legislative election campaign Saturday with President Susilo Bambang Yudhoyono's ruling coalition under pressure over soaring food and fuel prices.Indonesia's election committee (KPU) opened the campaign with restrictions on public...

US man jailed for China spying

2008-07-13 00:00:00

WASHINGTON, Jul 12 : Pentagon employee Gregg William Bergersen was sentenced Friday to 57 months in jail for handing secret military documents over to a Chinese government agent, his lawyer said.The agent, Tai Shen Kuo, is due to be sentenced...

Asian markets close mostly higher on NYT report

2008-07-13 00:00:00

The stock markets across the Asia-Pacific region closed mostly higher Friday after Wall Street finished in positive territory Thursday. After a directionless morning session, most Asian markets moved into positive territory after the New York Times reported that the US...

Entire 8m RMG pieces may not be exported to India

Naim-Ul-Karim | 2008-07-13 00:00:00

New Delhi's offer to import eight million pieces of garments from Bangladesh, aimed at reducing the trade deficit, may not be completely executed as prices being offered by many Indian buyers are quite low, sector insiders said Saturday.Their observation came...

IBBL adjudged best Islamic financial institution

FE Report | 2008-07-13 00:00:00

Global Finance, a US-based financial magazine, adjudged Islami Bank Bangladesh Limited as the best Islamic financial institution in Bangladesh for 2008.IBBL will be rewarded for the achievement at a prize distribution ceremony on October 13, 2008 at National Press Club...

From barracks back to blackboard

Rebecca Knight | 2008-07-13 00:00:00

WHEN Sean Arnette, a former first lieutenant in the US Air Force, led missions out of Osan Air Base 48 miles south of the Korean demilitarised zone the last thing on his mind was applying to business school."I was a...

Virtual teleportation arrivesA whole new web

Aharon Etengoff: | 2008-07-13 00:00:00

Creator of Second Life, Linden Lab and IBM have achieved virtual world interoperability by teleporting avatars between the Second Life Preview Grid and an Opensim virtual world server.Teleporting an avatar between platforms will undoubtedly have a significant impact on the...

New iPhone snapped up in Asia, Europe

2008-07-13 00:00:00

WELLINGTON/NEW YORK, July 12 (Reuters): Apple Inc

Cambodian journalist,son shot dead

2008-07-13 00:00:00

PHNOM PENH, Jul 12: A Cambodian journalist and his son were shot dead as they left a sports stadium in the capital Phnom Penh, police said Saturday.Khim Sambo (47) died in hospital Friday evening soon after being shot twice in...

No special drive as law and order under control: Matin

2008-07-13 00:00:00

CHITTAGONG, July 12 (UNB): Home Affairs Adviser MA Matin has said the law and order situation is under control even though it has deteriorated a little bit."I think that there is no need of conducting special drive ahead of the...

No floods now, despite rise in water levels of Ganges-Padma, Brahmaputra-Jamuna

2008-07-13 00:00:00

The country was not faced with any flooding in next three days despite rises in the levels of the Ganges-Padma and the Brahmaputra-Jamuna last week, Flood Forecasting and Warning Centre(FFWC) officials said, reports BSS.After some upward movement, during which the...

India's VAS industry to touch Rs 200b by 2015

2008-07-13 00:00:00

NEW DELHI, July 12 (PTI): Riding high on the success of music, ringtones and other innovative multimedia applications, the value added services (VAS) industry is expected to touch revenue of Rs 200 billion by 2015, says a report.The industry, which...

Mohit Chouhan becomes champion in A Division

2008-07-13 00:00:00

Mohit Chouhan of Dhaka Club emerged champion in the A Division of the 1st Delta Life National Squash Tournament crushing Omar of Gulshan Club by straight 3-0 sets in the final at the Dhaka Club in the city Saturday, reports...

US trade deficit ebbs as exports rise to record high

2008-07-13 00:00:00

WASHINGTON

Ctg Medical College closed sine die as JCD, ICS clash

2008-07-12 00:00:00

CHITTAGONG, July 11 (BSS): Chittagong Medical College (CMC) has been closed sine die following clashes between Jatiyatabadi Chhatra Dal (JCD) and Islami Chhatra Shibir (ICS) Thursday night, sources said.Students left their hostels in the morning as the medical college authorities...

Bangladesh to take part in 27 int'l trade fairs this fiscal

FE Report | 2008-07-12 00:00:00

Bangladesh will take part in 27 international trade fairs this fiscal aiming to boost the country's export earnings through tapping new markets across the world, a senior commerce ministry spokesman said Thursday.Apart from this, he said Bangladesh will also arrange...

UK co to invest $6.058m in Adamjee EPZ

FE Report | 2008-07-12 00:00:00

AMCS Textiles Limited, a British company, will set up a specialised garments industry in the Adamjee Export Processing Zone, said a press release.The 100-per cent foreign-owned company will invest initially US$ 6.058 million (about Tk 43 crore) in setting up...

Made in Melbourne, exporting to Asia

Tom Reilly | 2008-07-12 00:00:00

ONE look at the soaring profits of mining companies is enough to show how important exports to China and other emerging markets are to the success of domestic companies.But it is not just the vast multinationals such as BHP Billiton...

city events

2008-07-12 00:00:00

Zonal round of Womens' Kabaddi begins July 22The zonal round matches of the National Womens' Kabaddi, organised by Bangladesh Kabaddi Federation, will begin on July 22 at five venues across the country. The venues are Dhaka, Jamalpur, Faridpur, Jhenidah and...