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Bangladesh A score 115 against England U-19

2008-07-09 00:00:00

Visiting Bangladesh A team scored 115 for 4 in 38 overs on the 2nd day of the first three-day match against England Under-19 when rain stopped play at the Hazelgrave Ground, Loughborough Monday, reports UNB.There was not a single ball...

Chelsea reject Inter bid for Lampard

2008-07-09 00:00:00

LONDON, July 8 (AFP): Chelsea said Tuesday they had rejected an approach from Inter Milan aimed at securing the transfer of England midfielder Frank Lampard to the Italian champions.The English club said in a statement that they would not consider...

ISPs for reducing high tariff on import of basic internet equipment

FE Report | 2008-07-09 00:00:00

Internet Service Providers (ISPs) of the country Tuesday called upon the government to reduce the high tariff on the import of basic internet equipments to help mitigate the heavy infrastructure and maintenance cost that is affecting the industry.At the same...

Increasing rental rates will not pay in the long run

Sandeep Sadh | 2008-07-09 00:00:00

After the "20:20" kind of price escalations in the real estate market in the first home sales or second sales, it seems that owners of apartments want to do the same with leasing as they are trying to increase rental...

Daffodil University starts undergraduate course in real estate

FE Report | 2008-07-09 00:00:00

THE first ever academic degree on the discipline of real estate has been introduced in the country to develop for skilled manpower needed by the growing sector.Daffodil International University launched the Department of Real Estate from its Fall Semester to...

Death anniversary of Mahbub Anam

FE Report | 2008-07-09 00:00:00

The seventh death anniversary of eminent journalist and author Mahbub Anam, former Editor of The Bangladesh Times will be observed today (Wednesday). In a distinguished career as a journalist, he also served as a senior executive of the then Pakistan...

Bringing potential tax-payers within tax-net

Ahmed Showkat Masud | 2008-07-09 00:00:00

A country's investment and savings rates are correlated. If its gross national savings increase, then total investment in the economy will increase. That is, growth in the country's savings means growth in national investment. If investment increases, then the growth...

N Korea nuclear talks to resume this week

2008-07-09 00:00:00

BEIJING, Jul 8 (AP): Negotiations on North Korea's nuclear program will resume this week for the first time in nine months, China said Tuesday.The talks have been on hold since October due to a dispute over North Korea's obligation to...

CA for creating D-8 Food Fund

2008-07-09 00:00:00

KUALA LUMPUR, Jul 8 (Agencies): Chief Adviser (CA) Dr Fakhruddin Ahmed called for creating a D-8 Food Fund to enhance collective food security.Addressing the summit of the Developing-8, commonly known as D-8, in Kuala Lumpur, Fakhruddin stressed the need for...

US labour group representative due today

FE Report | 2008-07-09 00:00:00

A representative of a US labour rights group arrives in Dhaka today (Wednesday) to make further review of the situation in the country's leading export-oriented industries.Ellie Kiel Larson, executive director of the American labour group Solidarity Centre, will be here...

Confidence slump indicates NZ recession

2008-07-09 00:00:00

WELLINGTON, July 8 (AFP): Slumping New Zealand business confidence is at its lowest ebb for some 26 years, indicating the country's economy could be in recession until September, a survey released today said.The New Zealand Institute of Economic Research's quarterly...

Call rate, dollar maintain steady levels

FE Report | 2008-07-09 00:00:00

The inter-bank call money rate remained steady Tuesday despite withdrawal of cash. The US dollar maintained its face stable against Bangladesh taka in the inter-bank foreign exchange market due to moderate demand for the greenback, fund managers said.The call rate...

Proposal for 'Garment Palli' at Bausia mooted

FE Report | 2008-07-09 00:00:00

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has sent a proposal to the Ministry of Finance for setting up an exclusive zone for apparel industry at Munshiganj at a cost of Tk 3.60 billion"We have proposed to set up a...

North Korea target the World

2008-07-09 00:00:00

HONG KONG, July 8(AFP): It may not please the purists, but North Korea's football team is firmly on course for the 2010 World Cup after reaching the last round of qualifying without losing or even conceding a goal.If they do...

Rich country leaders wrestle with shaky world economy

2008-07-09 00:00:00

TOYAKO, Japan, July 8 (AFP): Leaders of the world's rich industrial nations met today in a bid to thrash out a common strategy to stem record rises in oil and food prices and ensure food security.The Group of Eight (G8)...

Practice of indigenous medicine in CHT

2008-07-09 00:00:00

Niaz Ahmed Khan and A.Z.M. Manzoor RashidIT has lately been unequivocally established that medicinal plants and associated knowledge, which represent a part of rich local heritage, play a significant role in the general welfare of the upland communities of Chittagong...

Govt appeals against HC order on Hasina cases

2008-07-09 00:00:00

The government and the Anti-corruption Commission (ACC) have appealed against Monday's High Court (HC) order halting the proceedings of two cases against former premier Sheikh Hasina, reports bdnews24.com.Appellate Division chamber judge MA Matin refrained Tuesday from ruling on the HC...

`Breastfeeding can save 37,000 lives annually'

2008-07-09 00:00:00

Speakers at a meeting underscored the need for creating favourable atmosphere for mothers to breastfeed their babies, reports BSS.Saving life of 37,000 babies is possible annually through breastfeeding in the very first hour of their birth, they told the national...

Citibank honours Nazrul singer Sohrab Hossain

2008-07-09 00:00:00

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...

COSL offers to acquire Norway's oil company for $2.5b

2008-07-09 00:00:00

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...

Focus aid on food crisis, says Berlin

2008-07-09 00:00:00

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...

Africans reject Mugabe sanctions

2008-07-09 00:00:00

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...

Energy pioneers face test of strength

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...

Cash incentive for revenue board employees unlikely to be approved

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...

850 bottles of phensidyl recovered in city

2008-07-09 00:00:00

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....

An endless process of destitution goes unnoticed

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...

Middlemen in RMG sales abroad

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...

Malaysian PM sees Bangladesh comparatively peaceful than India, Pakistan

2008-07-09 00:00:00

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...

Training course for ins executives

2008-07-09 00:00:00

Bangladesh Insurance Association (BIA) organised a training programme for executives of insurance companies for the highest professional degree course in insurance

Realty: Time to grab best deal

2008-07-09 00:00:00

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...