Citibank, NA Bangladesh will hold 'Gunijon Shombordhona' to honour the lifetime contribution of Nazrul singer Sohrab Hossain at Radisson Water Garden hotel Friday, reports UNB.The other distinguished singers of the present times are also supposed to render songs on the...
BEIJING, July 8 (Xinhua): China Oilfield Services Ltd. (COSL) announced yesterday it was offering to buy Norway's Awilco Offshore ASA (AWO) for 12.7 billion kroner (2.49 billion U.S. dollars) to create the world's eighth largest rig fleet.COSL, the listed arm...
Bertrand Benoit, FT Syndication ServiceBERLIN: Germany has urged the world's richest economies to refocus their aid policies on the global food crisis and provide both immediate relief and long-term structural assistance to the most affected countries.Angela Merkel, chancellor, hopes to...
Africa leaders have told the G8 group of nations meeting in Japan that they oppose sanctions being imposed on Zimbabwe following controversial polls, BBC reports."I said that sanctions... wouldn't change the regime," Senegal's leader Abdoulaye Wade told the AFP news...
Roula Khalaf in London | 2008-07-09 00:00:00
International oil groups are rarely deterred by troubled environments. But their foray into Iraq will present more than a security challenge. Five years after the US invasion, the country's political future remains uncertain with new legislation regulating access to its...
Shakhawat Hossain | 2008-07-09 00:00:00
A proposal by the revenue board on introduction of cash incentive to its officials and employees for higher revenue generation is unlikely to be approved as the finance adviser has asked for a 'further review' of the matter, official sources...
Rapid Action Battalion (RAB) recovered 850 bottles of phensidyl from a microbus at Shekhertek in Mirpur early Tuesday, reports UNB.Acting on a tip-off, a team of RAB-4 chased the microbus and intercepted it at Pisciculture Housing area at about 2:30am....
Shamsul Huq Zahid | 2008-07-09 00:00:00
Photographs showing schools or homes being devoured by rivers are often published in national dailies. During lean days, those are accommodated on the front page but related stories are marked for inside pages. Nobody, actually, takes the problem of river...
Ahmed Showkat Masud | 2008-07-09 00:00:00
THE country's readymade garments (RMG) exporters receive export letters of credits (L/Cs) or sales contracts mainly from the USA and the European Union (EU). In some cases, it has been observed that the beneficiaries are of Hong Kong, South Korea...
KUALA LUMPUR, Jul 8 (UNB): Malaysian Prime Minister Abdullah Ahmad Badawi has remarked that Bangladesh is comparatively peaceful than India and Pakistan in these times of disquiet.He made the remarks during a bilateral meeting with Chief Adviser Fakhruddin Ahmed on...
Bangladesh Insurance Association (BIA) organised a training programme for executives of insurance companies for the highest professional degree course in insurance
It may not really be the best time for the real estate market. The slowdown wave has been haunting the sector. If that was not enough, rising inflation levels and the recent hike in home loan rates by leading banks...
FENI, July 8 (UNB): The officials of the Department of Narcotics Control arrested two drug peddlers along with 1 kg of heroin from Shahid Shahidullah Kaiser road in the town Tuesday afternoon.The arrested were identified as Fayez Ahmed of Kohua...
Ricky Ponting, the Australian captain, believes that Test cricket isn't in a healthy state and that international players have a duty to provide entertaining matches to ensure its future in the wake of Twenty20's popularity, reports Cricinfo.Speaking to Cricinfo SportsCenter...
MANILA, July 8 (AFP): The Philippine government is revising its economic growth target for the rest of 2008, Finance Secretary Margarito Teves said today as the country battles high inflation and slowing world growth.But Teves did not indicate the likely...
KARACHI, Jul 8 (AP): A total of seven small blasts left 43 people wounded in Pakistan's commercial capital of Karachi, officials confirmed Tuesday, as investigators probed the previous evening's chaos and life returned to its more routine bustle.Pakistani President Pervez...
FE Report | 2008-07-09 00:00:00
Dhaka stocks remained steady Tuesday after falling the previous day, with increase in the turnover.The turnover rose on huge tradings of Keya Cosmetics and ACI.Keya was the day's top turnover leader with Tk 248.10 million traded while ACI Limited was...
FE Report | 2008-07-09 00:00:00
Government and local entrepreneurs should provide health care and nutritious food for garment workers to help local industry grow at a faster pace in the wake of high inflationary pressure, speakers said at a discussion meeting Tuesday.Industrialists, labour leaders, politicians...
The High Court (HC) Tuesday held a hearing on a writ petition filed by detained former prime minister Khaleda Zia challenging the legality of Niko graft case and its trial proceedings, reports bdnews24.com.The court asked the Anti-corruption Commission (ACC) to...
Towhid Firoz, Muhit Chouhan, Jagdish Chouhan and Omar have emerged group champions to reach the A Division semi-finals of Delta Life Open Squash Tournament being held at the Dhaka Club Squash court in the city, reports UNB.In the last group...
OUT of sheer desperation, an entrepreneur, who has invested nearly Tk. 4.0 billion in a vegetable oil refining plant in the port city of Chittagong has recently filed a writ petition with the High Court Division seeking gas connection to...
A Dhaka court Tuesday exempted former army chief Mustafizur Rahman from appearing in court hearings of the MiG-29 case, reports bdnews24.com.The special court of Judge Golam Mortuza Mojumder set July 16 for the next hearing in the case.The court also...
AHM Mahmodul Hoque | 2008-07-09 00:00:00
A storm has been raised in the tea cup about the Anti-Corruption Commission (ACC) and its policy. The authorities are indifferent to discriminatory treatment between the BCS cadre groups.Cadre corruption and inter-cadre irregularities have been increasing unchecked.Even the Pay Commission...
Wildlife Trust of Bangladesh (WTB) has reached an agreement with Global Science Production, a Hollywood film company, to produce a documentary on hoolock gibbons (Ulluk), an endangered species, reports UNB.Filming for this documentary is scheduled to begin soon, WTB sources...
TOYAKO, Japan, July 8 (AFP): The Group of Eight (G8) club of rich economies today said they would resist protectionism in international trade and called for the urgent conclusion of the Doha round of trade talks."We will resist protectionist pressures...
FE Report | 2008-07-09 00:00:00
Cost of investment in Bangladesh is not getting cheaper as all the cost components have increased to 2.45 per cent in 2008 from 2.44 per cent in 2007, indicating a rise in cost of investment to a nominal extent, said...
Syed Fattahul Alim | 2008-07-09 00:00:00
CORPORATISM in business and industry is not a new idea. It has been in practice in the West for over a century. However, in our own context of business culture, it is being talked about as if as part of...
TOKYO, July 8 (AFP): The yen gained against major currencies in Asian trade today on risk aversion amid jitters the US financial sector may face a fresh drubbing from the lingering credit crunch, dealers said.The dollar slipped to 107.01 in...
BRUSSELS, July 8 (AFP): Signs of an economic slowdown are on the rise in the 15 countries sharing the euro while oil prices are likely to remain high, the head of the Eurogroup of Eurozone finance ministers warned yesterday."Signs of...
MUMBAI, July 8 (AFP): India's Mahendra Singh Dhoni took the rare step of pulling out of a Test tour because of fatigue Tuesday, saying he wanted to miss the upcoming series against Sri Lanka.The wicketkeeper-batsman told officials he was not...
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