ROME, July 10 (AFP): French striker David Trezeguet has announced his retirement from international football following news that Raymond Domenech is to stay on as national coach, the Gazzetta dello sport reported on their website Wednesday."The bad Euro situation and...
Julien Barnes-Dacey in Damascus | 2008-07-11 00:00:00
Western isolation has forced Syria increasingly to look eastwards for its economic future. As the country pushes through much-needed reforms, Bashar al-Assad, the president, is focusing on links with rising economic powers such as India and China.Even as Syria is...
SEOUL, July 10 (AFP): South Korea's central bank today left its key interest rate for July unchanged for the 11th straight month, after juggling conflicting pressures from rising inflation and a slowing economy.The Bank of Korea froze the benchmark 7-day...
Fakhrul Alam | 2008-07-11 00:00:00
CHITTAGONG, July 10: Following rise in price of diesel, average production cost on alternative consumption of power in view of load-shedding in the garment factories and frozen fish exporters' factories has increased by 30 to 40 per cent.According to concerned...
Former Prime Minister (PM) Khaleda Zia submitted a writ petition with the High Court (HC) Thursday challenging the legality of the Gatco graft case against her, reports bdnews24.com.Lawyer Shamsur Rahman Shimul Biswas filed the writ petition on behalf of the...
FE Report | 2008-07-11 00:00:00
Bangladesh's one of the top rock bands 'Black' Thursday launched its new album titled "Abar" in cooperation with Warid Telecom, the fourth largest mobile phone operator in the country.Warid Telecom, the fastest growing mobile phone operator in Bangladesh, has sponsored...
SYDNEY, July 10(AFP): Cricket Australia is lobbying the International Cricket Council for a mediation phase in cases of racial vilification in international cricket, reports said today.The move is seen as an attempt to avoid a repeat of the political crisis...
The High Court (HC) Thursday summarily rejected a writ petition challenging the validity of the Election Commission's (EC) schedule for holding election to four city corporations and nine municipalities before publication of the final voter list, reports UNB.A division bench...
NEW DELHI, July 10 (AFP): Indian software exports grew 29 per cent to cross the 40-billion-dollar mark in the fiscal year just ended despite global economic turmoil, the outsourcing industry's top body said."I would request you to focus not just...
Badawi meets party amid | 2008-07-11 00:00:00
handover speculationKUALA LUMPUR, Jul 10 : Malaysia's Prime Minister Abdullah Ahmad Badawi met with leaders of his ruling party Thursday amid speculation he will announce a plan to step down in June 2010. Abdullah has faced calls to quit since...
Our Correspondent | 2008-07-11 00:00:00
CHITTAGONG, July 10: An anarchic situation has been created in the transport sector of the port city because of realisation of excess bus fares from passengers.The unilateral decision of fixing bus fares by the Transport Owners Forum (TOF) during current...
SHANGHAI, July 10(AFP): Wimbledon champion Rafael Nadal, Roger Federer and Novak Djokovic are the first players to qualify for the season-ending Masters Cup in Shanghai in November, organisers said today.The trio have already earned enough points to book their berths...
HONG KONG, July 10 (Thomson Financial): Asian stock markets were mixed Thursday with Australia and Shanghai losing ground led down by financials on renewed concerns about credit markets and slowing economic growth.Hong Kong rebounded after falling in early trade due...
FE Report | 2008-07-11 00:00:00
Dhaka stocks bounced back Thursday, led by mainly blue chip shares, which recovered some of their losses suffered during the past three straight sessions.Trading at the Dhaka Stock Exchange (DSE) opened in upbeat mood, pushing the key index up more...
WASHINGTON, Jul 10(AFP):US intelligence officials say there has been an increase in foreign fighters travelling to Pakistan to join up with Al-Qaeda-linked militants in the country's tribal areas, the New York Times reported today.US intelligence and military sources told the...
WASHINGTON, July 10 (Xinhua): The soaring cost of food increased the number of hungry people in the world by 122 million in 2007 and now threatens to swell the malnourished population for a decade, The Wall Street Journal reported yesterday.The...
FE Report | 2008-07-11 00:00:00
Nestle Bangladesh Limited has taken a step to ensure good life by providing clean drinking water in a few village schools.As part of its campaign, the company set up a clean drinking water tank at Sreepur Pilot High School in...
FE Report | 2008-07-11 00:00:00
Bangladesh Bank governor Salehuddin Ahmed has asked commercial banks to introduce advanced technology to encourage expatriate Bangladeshis to use official channels for sending remittances."Introduction of electronic payment services would reduce the time and cost of remitting money; and expatriate workers...
MOSCOW, July 10 (AFP): Russia could overtake Germany this year to become Europe's largest car market, accounting firm PricewaterhouseCoopers (PWC) said in a study released yesterday."Russia may become the largest market in Europe by as early as 2008" if current...
Our Correspondent | 2008-07-11 00:00:00
BRAHMANBARIA, July 10: Bangladesh Krishi Bank (BKB) disbursed Tk 392.8 million (Tk 39.28 crore) during the financial year 2007-2008 among 15295 poor farmers through its 27 branches in eight upazilas of the district.BKB set a target to disburse Tk 510.00...
Fazle Rashid from New YorkA drop in the oil price brought some relief for a battered and a badly bruised global economy but warnings for the future are becoming gloomier by the day. The US Federal policy planners, always reluctant...
League leader Bhola Lal of Sonargaon Hotel tasted his first defeat in the Delta Life National Squash tournament suffering a 0-3 sets loss to Masud Rana (Dhaka Army Club) in the Premier Division at the Dhaka Club in the city...
The Anti-Corruption Commission (ACC) Thursday sued senior Awami League (AL) leaders and former ministers Syeda Sajeda Chowdhury and AKM Jahangir Hussein for amassing illegal wealth and concealment of information, apparently stoking up the purge against former ruling politicians, reports UNB.ACC...
A foundation training course for the newly recruited junior officers (cash) of Premier Bank Limited began in the city recently.Premier Bank Training Institute organised the course, said a press release.Additional Managing Director of the bank Md Mokhlesur Rahman inaugurated the...
Red Cow trusted for more than 12 years in Bangladesh has re-entered into the market through New Zealand Dairy Products Bangladesh Limited.Initially Red Cow, one of the pillar brands of New Zealand Dairy Products Bangladesh Ltd, had entered into the...
Food, Health and Family Welfare Adviser MM Shawkat Ali Thursday admitted that the high prices of food items would have an adverse effect on public health for low-dose nutrition intake, reports UNB."Definitely, this (increased prices of food) will have no...
Sri Lanka's tour of England next year hangs in the balance with Mahinda Rajapakse, the country's president, instructing his sports minister to ensure that Sri Lanka Cricket (SLC) propose alternate dates for the tour or decline the invitation of the...
S M Jahangir | 2008-07-11 00:00:00
The government has no immediate plans to enhance its cash subsidy allocation for distribution among cultivators of Boro crop on their use of diesel for irrigation purpose despite a significant rise in cultivation costs following the recent upward adjustment of...
Siddique Islam | 2008-07-11 00:00:00
The government has gradually changed its debt management strategy towards long-term borrowing from short-term to facilitate development activities.Under the new strategy, the government will increase borrowing for longer tenure by issuing different bonds instead of short-term borrowing through treasury bills...
Our Correspondent | 2008-07-11 00:00:00
MOULVIBAZAR, July 10: Moulvibazar BSCIC area failed to become a successful industrial zone despite having huge potentials.With available raw materials and a large amount of remittance remaining idle with the local bank branches, industrialisation can be boosted by making proper...
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