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Ehsanul Haque | 2008-07-13 00:00:00

It goes to the credit of Mahtma Gandhi, and those who shared his philosophy that the new Indian state did not get completely and early obsessed with chauvinistic religious impulses. Gandhi gave his life to warn about the monster that...

Trend in industrial output, investment

2008-07-13 00:00:00

The level of capital machinery, raw material, and intermediate goods import and the credit flow to the private sector do generally reflect the investment and industrial production situation in an import-dependent country like Bangladesh. And these are the areas directly...

S Korea outraged by killing of tourist in N Korea

2008-07-13 00:00:00

SEOUL, Jul 12(AFP): South Korea's press expressed outrage Saturday at the killing of a female South Korean tourist by a soldier in the North, demanding an apology and a thorough investigation into the incident.The 53-year-old Seoul housewife was taking an...

Pakistan won't be staging ground for terror attacks: FM

2008-07-13 00:00:00

WASHINGTON, Jul 12 (AFP): Pakistan will not allow itself to be staging ground for any terrorist attacks, Foreign Minister Shah Mahmood Qureshi said Friday amid reports foreign fighters were heading to the country to join Al-Qaeda militants.Washington has warned that...

Mongla dockers for abolishing DLDB

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

KHULNA, July 12: Unrest is prevailing at Mongla Port on the issue of berth operating system and abolishing of the Dock Labourers Directory Board (DLDB).Mongla Port Authority has not yet implemented the government gazette notification on abolishing of DLDB. Frustration...

5th death anniversary of Barrister Ishtiaq observed

2008-07-13 00:00:00

The 5th death anniversary of Barrister Syed Ishtiaq Ahmed, a renowned lawyer and former Adviser to the Caretaker Government, was observed in the city Saturday in a befitting manner, reports BSS.On the occasion, Syed Ishtiaq Ahmed Smriti Parishad organized different...

Nissan, Dongfeng to build engine plant in China

2008-07-13 00:00:00

TOKYO, July 12 (AFP): Japan's Nissan Motor Co. and its Chinese partner Dongfeng Motor Corp. plan to build a new engine factory in central China, a newspaper reported today.The two firms will jointly invest more than 24 billion yen (224...

Sri Lanka yet to resolve England tour crisis

2008-07-13 00:00:00

COLOMBO, July 12(AFP): Sri Lankan cricket's governing body has yet to resolve the crisis over next year's England tour that clashes with a more financially lucrative tournament in India, officials said today.A source at Sri Lanka Cricket dismissed local media...

Importance of aid in difficult times

2008-07-13 00:00:00

The caretaker government has resorted to its characteristic way of borrowing from the internal sources to make up for the revenue shortfall. In fact, this higher level of governmental borrowing from the banking system as well as the public, was...

3 int'l cos invited to submit bids for Sirajganj IPP

M Azizur Rahman | 2008-07-13 00:00:00

The Power Cell invites Sunday three international companies to submit bids for installation of Sirajganj 450 megawatt (MW) gas-fired independent power plant (IPP) by next three months."We will send invitations Sunday to three companies, which were earlier selected through pre-qualification...

Delhi's trade environ more favourable than other S Asian neighbours

2008-07-13 00:00:00

NEW DELHI, July 12 (PTI): India's trade environment is more favourable compared to its other South Asian neighbours with the trade tarriffs in the country substantially reduced since "India has achieved substantial reductions in tariffs since the nineties and the...

Oil sets record high 147 dollars, aluminium rockets to new peak

2008-07-13 00:00:00

LONDON, July 12 (AFP): Oil prices zoomed to a record 147.50 dollars this week and aluminium hit all time highs as many commodities were boosted by supply worries, growing tensions over Iran and the weak US currency."Commodity prices swung higher...

Six persons killed in separate incidents

2008-07-13 00:00:00

Six persons were killed and many others injured in separate incidents in different places of the country during the last two days, report agencies.In Comilla, Ali Ahmed, wanted in at least 20 cases, including robberies and killings, was killed in...

2 killed in shootouts in Comilla, Jhenidah

2008-07-13 00:00:00

A suspected robber and an arms-drug peddler were killed in separate shootouts with RAB and police in Comilla and Jhenidah on Friday night and early Saturday, reports UNB.In Comilla, Ali Ahmed, wanted in at least 20 cases, including robberies and...

Huawei donates $ 3 million equipment to BUET

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

Bangladesh University of Engineering & Technology (BUET) in collaboration with Chinese telecom giant Huawei is going to set up a GSM laboratory to produce skilled manpower in country's thriving telecommunication sector.The Huawei Technologies (Bangladesh) Ltd recently donated three million US...

Missing football club chief freed, wife taken hostage

2008-07-13 00:00:00

SOFIA, July 12 (AFP): The missing president of Bulgaria's Litex Lovech football club, Angel Bonchev, was freed Friday but his his wife was taken hostage by his kidnappers while paying part of his ransom, the interior ministry said.Bonchev, 47, who...

More write-ups in FE on stock market matters

2008-07-13 00:00:00

I am very happy to see that someone has been able to clarify matters relating to this agitation in the stock exchange about mutual funds. I am glad to read the article by Mr. Imtiyaz who used to regularly write...

Attacking Iran would be

2008-07-13 00:00:00

TEHRAN, Jul 12 (Reuters): Iran warned the United States and Israel Saturday it would be "madness" to attack the Islamic Republic over a nuclear programme the West suspects is aimed at making bombs.The comments by government spokesman Gholamhossein Elham came...

DBBL's half-yearly unaudited financial statements reviewed

2008-07-13 00:00:00

The 39th meeting of the audit committee of the board of directors of Dutch-Bangla Bank Limited (DBBL) was held at the bank's head office in the city recently.The committee reviewed the bank's half-yearly provisional and un-audited financial statements as of...

Emirates launches double-decker Airbus A380 on August 1

2008-07-13 00:00:00

Emirates Airline has announced plans to showcase the new, double-decker Airbus A380 during exclusive familiarisation flights in San Francisco and Los Angeles. The familiarisation flights will immediately follow the inaugural flight of the aircraft from Dubai to New York JFK...

Lula and Indonesian president pledge biofuel cooperation

2008-07-13 00:00:00

JAKARTA, July 12 (AFP): Brazilian President Luiz Inacio Lula da Silva and his Indonesian counterpart pledged cooperation on biofuels during talks here today in a bid to take advantage of surging oil prices.Lula and President Susilo Bambang Yudhoyono signed off...

DAE, BBS differ over actual Boro yield

S M Jahangir | 2008-07-13 00:00:00

The Department of Agriculture Extension (DAE) and the Bangladesh Bureau of Statistics (BBS) differ over the actual yield of Boro crop this season, sources said.There has been a gap of 2.0 million tonnes between the calculations of the latest Boro...

UAE residents reel under soaring rice prices

2008-07-13 00:00:00

DUBAI, Jul 12 (PTI): Consumers in the UAE are reeling under the skyrocketing prices of basmati rice, mostly imported from India and Pakistan, which has almost doubled in past few days.While local retailers and distributors say the authorities are not...

StoneFly introduces high-availability IP SAN

2008-07-13 00:00:00

StoneFly introduced SAN-based encryption capabilities that give enterprise customers another layer of protection in combating damaging internal and external security breaches while also simplifying compliance initiatives. Now available as an integrated part of the StoneFly Integrated Storage Concentrator (ISC) line...

Optimum use of urea thru

2008-07-13 00:00:00

RANGPUR, July 12 (BSS): Experts here have said that popularising the use of Guti urea and application of urea through adopting Leaf Colour Chart (LCC) method can save over 25 per cent urea annually in the country.Reduced use of urea...

Information Technology is "broken"

Mike Eaton | 2008-07-13 00:00:00

Information Technology is fantastic, absolutely essential, and largely responsible for this country's increase in productivity over the past decade or so. It's also broken. IT is overly complex, difficult to implement correctly, and expensive to maintain over its short lifespan.I...

Footsie joins bear market roll-call

By Neil Hume | 2008-07-13 00:00:00

FT Syndication ServiceLONDON: The UK became Friday the last of the world's leading stock markets to enter bear market territory amid fresh concerns that the credit crisis was entering a new phase and a record high for oil prices.The FTSE...

Bangladesh face Oman today in Junior Asia Cup Hockey

2008-07-13 00:00:00

Bangladesh Under-21 Hockey team play their 2nd match against Oman today (Sunday) in the 6th Men's Junior Asia Cup Hockey at Hyderabad in India, reports UNB.The junior Bangladesh is expected to win the match against their Oman counterparts as Bangladesh...

Bush ex-spokesman Tony Snow dies

2008-07-13 00:00:00

Former White House press secretary Tony Snow has died of cancer, US television station Fox News has announced.Mr Snow (53) had been suffering from colon cancer, it said, BBC reports.He resigned as President George W Bush's spokesman in August 2007...

N Korea agrees to nuclear checks

2008-07-13 00:00:00

Negotiators from six-nation talks in China have agreed steps to verify North Korea's nuclear disarmament, reports BBC.Officials from China, the US, Russia, Japan and the two Koreas, agreed Pyongyang would finish disabling its main nuclear facility by October.The other nations...