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Three arrested with Yaba tablets in city

2008-07-06 00:00:00

Three people, including a film actress and a TV model, were arrested along with 12 Yaba tablets from an apartment in the city's Pallabi area Friday night, reports UNB.The arrested were identified as film actress Yasmin Shikder Mou (22), TV...

Reserve in 2009 will be equivalent to only 1.7 months' import payment

Shakhawat Hossain | 2008-07-06 00:00:00

The country's reserve in 2009, as projected by the International Monetary Fund (IMF), will be equivalent to only 1.7 months' import payment due to impact of combined shocks of fuel oils and food prices hikes in the international market.The International...

Eight winners of 'Ek Chumukei Pepsi Star' found

FE Report | 2008-07-06 00:00:00

Eight mega prize winners of 'Ek Chumukei Pepsi Star' were finally discovered after a month-long wait with more than 100,000 participants across the country.The final event was held at the Spectra Convention Centre in the city recently.Pepsi Foods Limited Country...

Yemen blast kills five

2008-07-06 00:00:00

At least five people have been killed in an explosion in north-western Yemen, according to news reports.Local officials said they do not yet know what caused the explosion, which happened at a post office.But the blast is reported to have...

Oil prices surge to records highs, copper hits historic peak

2008-07-06 00:00:00

LONDON, July 5 (AFP): The price of oil set a record high above 146 dollars a barrel this week owing to falling reserves of US crude, simmering tensions over Iran and a weak dollar, traders said.OIL: Brent North Sea oil...

FBCCI condemns attack on business houses

2008-07-06 00:00:00

Acting President of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) Abul Kashem Ahmed has strongly condemned the recent attack on, and robbery at the business houses of Mohammad Amirul Haque, director of FBCCI, said a press release.The...

Displaying distance at busy points/prime locations

2008-07-06 00:00:00

RECENTLY fare of diesel and gas-run bus/minibus has been increased by the government. Accordingly, fare of buses has been fixed for per kilometer in city area and long distances but unfortunately the city corporation authority did not display the chart...

Egg prices jump

Mahmuda Shaolin | 2008-07-06 00:00:00

Egg prices in Dhaka retail markets jumped by Tk 19-Tk 20 per dozen Saturday, following supply shortage as some of the larger poultry farms are not being able to produce enough to meet the demand, an industry official said.According to...

Ronaldinho won't be sold at a discount: Barcelona

2008-07-06 00:00:00

MADRID, July 5 (AFP): Barcelona warned Friday that it would not sell its Brazilian striker Ronaldinho, who has been deemed surplus by the Spanish side's new coach Pep Guardiola, at a discount."Ronaldinho is a player of great value and we...

Gunmen kill Afghan MP

2008-07-06 00:00:00

KANDAHAR, Jul 5:Unidentified gunmen shot dead a member of parliament in troubled southern Afghanistan while 10 Taliban were killed laying a landmine, Afghan officials told AFP today.Legislator Habibullah Jan was shot dead by unknown gunmen while driving in his troubled...

Universities urged to come out of all irregularities

DU Correspondent | 2008-07-06 00:00:00

Speakers at Dr Rashid Memorial Lecture-2008 focusing education scenario in Bangladesh said the universities should be centres of innovation and producing leaders to carry out overall development for the country.They also said the higher educational institutions should be innovative as...

WEATHER

2008-07-06 00:00:00

Light-to-moderate rain or thundershowers accompanied by temporary gusty wind are likely at many places of all the six divisions until 6:00pm today (Sunday).Moderately heavy rainfalls are also likely at places of Barisal, Chittagong and Sylhet divisions during the period, the...

IBBL holds confce on business strategy

FE Report | 2008-07-06 00:00:00

Islami Bank Bangladesh Ltd (IBBL) is for all irrespective of religion, colour and creed. The aim of Islami Bank is to present Islamic banking through its service in such a way that people can realise that IsIami Bank is 'My...

Govt to rehabilitate fishermen through public-private initiatives

2008-07-06 00:00:00

Special Assistant to the Chief Adviser Manik Lal Samaddar today said the government has taken a step to rehabilitate the poor fishermen through public-private initiatives, reports BSS."The fishermen community has been included in the 100-day employment programme proposed in the...

Internet Bandwidth: The next big booster of culture and economy?

Md. Saquib Hussain | 2008-07-06 00:00:00

We might be looking at the prevailing electricity crisis as a big barrier for our development. But technology is likely to throw in harder challenges in future. Technology is the essence to compete in this high-tech world of development, and...

G8 meets as economy storm clouds thicken

2008-07-06 00:00:00

SAPPORO, Japan, July 5 (Agencies): Between surging oil prices, food inflation and a credit crunch that's depressed global growth, leaders from the Group of Eight (G8) economic powers face the gravest combination of economic woes in at least a decade...

CIRDAP for bringing more Asian countries under its umbrella

2008-07-06 00:00:00

Centre on Integrated Rural Development for Asia and the Pacific (CIRDAP) is looking for increasing the number of its member countries from the present 14 to as many as possible to enhance the organisation's area of regional cooperation to expedite...

SEBL to provide off-shore banking service at DEPZ

2008-07-06 00:00:00

Southeast Bank Limited (SEBL) will provide its off-shore banking services at Dhaka Export Processing Zone (DEPZ) for investors and people of adjacent areas.An agreement to this effect was signed between the Bangladesh Export Processing Zones Authority (BEPZA) and Southeast Bank...

UNFPA to spend $64m in Nigeria

2008-07-06 00:00:00

ABUJA, July 5 (XINHUA): The United Nations Fund for Population Activities (UNFPA) is to spend 64.2 million US dollars on its activities in Nigeria in the next four years under its 6th Country Program, scheduled to commence in 2009.The figure...

Please do not befool investors

2008-07-06 00:00:00

I was shocked to see that your esteemed daily had to stoop to 'plundering' the statement made by Yawer Sayeed.The facts have been distorted by him so that he continues to spread rumours about his managed funds. Otherwise how can...

CA promises to modernise PGR

2008-07-06 00:00:00

Chief Adviser (CA) of the caretaker government Fakhruddin Ahmed Saturday urged the members of President's Guard Regiment (PGR) to remain alert during VVIPs' mass contact and their public involvement alongside ensuring their highest security, reports UNB/ bdnews24.com."So, every member of...

Bill Gates: In his words, then and now

Mark Hachman | 2008-07-06 00:00:00

More than twenty-five years ago, the very first issue of PC Magazine covered the work between IBM and Microsoft, work that originated in the first PC. In 1982, editor-in-chief Dave Bunnell sat down with Gates in the first of what...

Torres praises Benitez and 'great leader' Gerrard

2008-07-06 00:00:00

LIVERPOOL, July 5 (AFP): Fernando Torres Saturday said that Liverpool coach Rafael Benitez was the inspiration behind his goal-scoring exploits which helped Spain to Euro 2008 glory.Torres netted 33 times in a blistering first season for Liverpool - breaking Ruud...

Lebanon 'set to announce cabinet'

2008-07-06 00:00:00

Lebanon is reported to be on the verge of announcing the formation of a new government, following months of political deadlock, reports BBC.The breakthrough, if confirmed, ends weeks of arguments over cabinet posts between the pro-Western majority coalition and Hezbollah-led...

Ranks of the unemployed are swelling

Fazle Rashid | 2008-07-06 00:00:00

There were no good tidings on the economic front to greet the Americans on the Independence day. The economy is becoming gloomier by the day. The other crucial player in the global economy, the European Union (EU), did not have...

Most Asian stocks drop on record oil

2008-07-06 00:00:00

Most Asian stocks fell, sending the region's benchmark index lower for a fourth week, as record oil and slowing growth dent profits. Japan's Nikkei 225 Stock Average dropped for a 12th day, the longest losing streak in 54 years.Kyushu Electric...

Fresh flow of investments likely from S Korea

M Azizur Rahman | 2008-07-06 00:00:00

South Korean investors are aiming to shift their industrial units from other Asian countries to Bangladesh to take advantage of the country's favourable investment climate, cheap labour and growing economy, officials said."Bangladesh will witness a fresh flow of investments worth...

Some banks resort to aggressive banking to hide NPL situation

Siddique Islam | 2008-07-06 00:00:00

The excess liquidity in the banking sector has fallen by Tk 14.56 billion, or 13.49 per cent, to Tk 93.37 billion over a period of past four months, ending on April 30, 2008, due to higher credit growth particularly in...

Implications of reducing subsidies

Nurul Amin | 2008-07-06 00:00:00

EVEN well before the present upsurge in the oil price when it was substantially lower, the costs of subsidies to be borne by the government in financial year 2007-08 from buying oil at international prices and then marketing it within...

July

2008-07-05 00:00:00

GENEVA, July 4 (Reuters): July is