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Taming the unwieldy essentials' market

Syed Fattahul Alim | 2008-07-11 00:00:00

The prices of essential commodities have again shot up following the latest hike in fuel oil price effected by the government. The prices of essential commodities have again started the old cat and mouse game with the hapless common consumers...

DSE dispels Prime Textile Spinning's explanation

FE Report | 2008-07-11 00:00:00

Dhaka Stock Exchange (DSE) has dispelled an explanation of Prime Textile Spinning Mills Ltd on a show-cause cum hearing notice served on the company directors by the Securities and Exchange Commission (SEC)."The news published in The Financial Express in its...

Inter-Private University Football in 2nd week of October

2008-07-11 00:00:00

The Mentor's 3rd Inter-Private University Football Tournament 2008 will begin in the second week of October at the Army Stadium in the city, reports UNB.Maximum 12 private university teams will be entitled to participate in the third version of the...

Philippine exports rise 2.3pc in May

2008-07-11 00:00:00

MANILA, July 10 (AFP): Philippine merchandise exports grew by only 2.3 per cent in May against a year earlier after a slump in the key electronics sector, the government said today.May's figure was 4.224 billion dollars, the national statistics office...

Moriarty reaffirms US long-term commitment to country's uplift

2008-07-11 00:00:00

US Ambassador James Moriarty visited Cox's Bazar and Teknaf to review the US-funded projects in the region and reaffirmed the US government's long-term commitment towards the development of Bangladesh, reports UNB.During the tour from July 8-10 the Ambassador also visited...

US warns Iran on missile threat

2008-07-11 00:00:00

The US has said it will not hesitate to defend its interests and those of its allies as Iran continues missile tests, reports BBC.Secretary of State Condoleezza Rice said the US had increased its security in the region and Iran...

The moment of truth

Pascal Lamy | 2008-07-11 00:00:00

DG, WTO------------------------------------A memorandum to the world's trade ministers:As the world economy is on a downturn, most trade agreements were concluded under the pressure to create additional welfare from trade. For the past eight years, the global economic pressure has not...

Bangladesh start Junior Asia Cup Hockey campaign against ROK today

2008-07-11 00:00:00

Bangladesh starts their 6th Men's Junior Asia Cup Hockey campaign taking on South Korea in the inaugural match in the Indian city of Hyderabad today (Friday), reports UNB.Bangladesh Under-21 Hockey team reached Hyderabad Wednesday hoping to clinch the 5th place...

Saudi Arabia happy with Bangladeshi Workers, says new Ambassador

2008-07-11 00:00:00

New Saudi Ambassador to Bangladesh Dr Abdullah bin Naser Al-Bosairi praised the Bangladeshi workers for their performance contributing to the Saudi economy, reports UNB.After maiden call on Foreign Adviser Dr Iftekhar Ahmed Chowdhury, Al-Bosairi told reporters that there were many...

Morkel, Steyn spark S Africa

2008-07-11 00:00:00

Dale Steyn and Morne Morkel found their Lord's legs to turn around the opening day of the series following a wicketless morning session. Alastair Cook and Andrew Strauss pushed England to 114 without loss before three wickets tumbled in 13...

Oil higher on Iran tensions

2008-07-11 00:00:00

SINGAPORE, July 10 (AFP): Oil prices rose in Asian trade today, gaining support from Iran's test of a missile that could hit Israel, dealers said.New York's main oil contract, light sweet crude for August delivery, rose 34 cents to 136.39...

Jessore MM College to re-introduce HSC

Our Correspondent. | 2008-07-11 00:00:00

JESSORE, July 10: The authority of Jessore Government MM College has taken a decision to introduce HSC after a decade of closure. HSC classes were suspended by the authority in the college following a direction by the education ministry in...

Increasing integration among Asian economies to promote growth: ADB

FE Report | 2008-07-11 00:00:00

Increasing integration among Asian economies offers a new platform to promote growth, strengthen trade links, and reduce poverty. This is good not only for Asia, but also for the US and the rest of the world, said Asian Development Bank...

Why obstacles to a deal on climate are mountainous

Martin Wolf | 2008-07-11 00:00:00

Something has changed in the debate on man-made climate change: the US is engaged. But its engagement - or at least the engagement of President George W. Bush - is neither enthusiastic nor unconditional. In particular, at discussions among the...

India, S Lanka to expand free trade pact

2008-07-11 00:00:00

COLOMBO, July 10 (AFP): India and Sri Lanka will expand their free trade agreement with a new pact to be signed on the sidelines of a South Asian summit in Colombo, diplomats said today.The two countries entered a free trade...

Emperor Akihito to visit Canada

2008-07-11 00:00:00

TOKYO, Jul 10(AFP): Japanese Emperor Akihito plans to visit Canada next year with his wife, more than five decades after his maiden trip there, an official said today.Prime Minister Yasuo Fukuda and his Canadian counterpart Stephen Harper agreed to arrange...

StanChart opens new ATM booth in city

FE Report | 2008-07-11 00:00:00

Standard Chartered Bank (SCB) has launched a new ATM booth at Dhanmondi in the city recently.SCB head of Shared Distribution and Service Quality Tanvir Haider Chaudhury inaugurated the new ATM booth.Senior officials of the bank were present on the occasion.The...

China should strive for bigger voice in global economy

2008-07-11 00:00:00

BEIJING, July 10 (Xinhua): Wan Jifei, president of China Chamber of International Commerce said yesterday that the country needs to participate in the formulation of global economic and trade rules apart from taking part in international division of labour and...

Fund raising for presidential race a teneous job

From Fazle Rashid | 2008-07-11 00:00:00

NEW YORK, July 10: Millions of dollars are spent on the US presidential race. Beginning from primaries to election day on Nov 7, it is flow of ceaseless fund that is what is of pivotal interest to the candidates. Fund...

Global issues and regional cooperation

2008-07-11 00:00:00

The Group of Eight or G-8 that includes the world's top eight developed and industrialized countries that account for more than two-thirds of the world's gross domestic product (GDP), have ended their summit meeting in Japan. Great expectations were pegged...

Saving Buriganga from grabbers

2008-07-11 00:00:00

THE Buriganga is threatened by encroachment, with its natural flows impeded by landfilling and unauthorised structures. The encroachments have narrowed down the river. At many points it flows past the city like a canal. Allowing this process of encroachment would...

Bangladesh wants to participate in dev efforts in Africa: President

2008-07-11 00:00:00

President Iajuddin Ahmed has expressed Bangladesh's eagerness to take part in development efforts of the African continent through sharing experience, skill and expertise, reports UNB.The President made the statement as newly appointed Ambassador of Libya to Bangladesh Ahmed Ateya Hamd...

Swanirvar Bima division of Meghna Life Ins sails

FE Report | 2008-07-11 00:00:00

The Swanirvar Bima Division of Meghna Life Insurance Company Ltd started its business operation recently.Meghna Life Chairman Nizamuddin Ahmed was present as the chief guest at the inaugural programme.Managing Director Ekramul Amen presided over the inaugural function.Directors Hasina Nizam, Nasir...

Abu Dhabi fund snaps up NY's Chrysler Building

2008-07-11 00:00:00

NEW YORK, July 10 (AFP): The cash-rich Abu Dhabi Investment Council has bought one of New York's best-known skyscrapers, the Chrysler Building, for a heady 800 million dollars, sources close to the deal said yesterday.Despite a sharp downturn in the...

Practice of indigenous medicine in CHT

2008-07-11 00:00:00

Niaz Ahmed Khan and A.Z.M. Manzoor RashidTHE knowledge and wisdom, which underpin the practice of Baidya, are mostly passed on from one generation to the other. Baidyas provide two broad categories of services: (a) plant-based (curative and preventive) treatment and...

sports digest

Australia omit Casson from | 2008-07-11 00:00:00

preliminary Trophy squadSYDNEY, July 10:Test newcomer Beau Casson was left out of a 30- man preliminary Australian squad announced Thursday for the Champions Trophy in Pakistan in September. The left-arm wrist spinner played in the final Test of the recent...

SC rejects ACC plea for vacating HC stay on proceedings

2008-07-11 00:00:00

The Supreme Court (SC) Thursday said no to Anti-corruption Commission (ACC)'s prayer for vacating the stay on proceedings of the Niko and the barge-mounted power plant scam cases against former Prime Minister Sheikh Hasina, thereby putting the corruption trials on...

G8 club under pressure to expand

David Pilling | 2008-07-11 00:00:00

Some of the Group of Eight leaders might have choked on their green tea when Nicolas Sarkozy this week proposed expanding the organisation to 14 or 15 members.Not only should China and India, the world's two biggest emerging economies, be...

Turkey to raise students

2008-07-11 00:00:00

Foreign Adviser Dr Iftekhar Ahmed Chowdhury has said the relations between Bangladesh and Turkey were "traditional and historical", reports UNB.The adviser made the remarks when Turkish Ambassador Sakir Ozkan Toruntar called on him Thursday.They discussed ways and means to boost...

G8 leaders express 'strong will' to conclude 'ambitious' WTO Doha pact

2008-07-11 00:00:00

TOYAKO, Japan, July 10 (PTI): World leaders at a summit of the Group of Eight (G8) industrialised powers have expressed their "strong will" to conclude an "ambitious and comprehensive" World Trade Organisation (WTO) Doha agreement, while addressing issues like spiralling...