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Swiss bank makes no secret of secrecy

From Fazle Rashid | 2008-07-02 00:00:00

NEW YORK, July 1: Tax evasion is a global phenomenon. So is stashing ill-gotten wealth in off-shore banking. The government leaders in Bangladesh often say that they are seeking repatriation of stolen money kept in foreign banks, They frequently say...

In support of constituency demarcation

Masih Malik Chowdhury | 2008-07-02 00:00:00

THE Election Commission (EC) has recently redemarcated parliamentary constituencies. Preparation of the voters roll and delimitation of constituencies are vital responsibilities of the EC, which it has been doing or is in the process of doing. The voters' roll is...

Bangladeshi companies can compete to build abroad

Munima Sultana | 2008-07-02 00:00:00

Bangladesh now has the capacity to build big, bridges to cross the rivers, power plants, or state-of-the-art industry and high-end infrastructure. Once it was hard to believe.The 2nd and 3rd bridges on the Buriganga and a number of new five-star...

Govt fixes minimum export price of waste cotton

2008-07-02 00:00:00

The government has fixed minimum export price of waste cotton. The minimum rate for per kilogram waste cotton has been fixed at US$ 1.60, said an official release, reports UNB.The Ministry of Commerce has issued the order under Import and...

NBR drive to motivate people to pay taxes launched

FE Report | 2008-07-02 00:00:00

The National Board of Revenue (NBR) Tuesday launched a countrywide campaign to motivate people having taxable income in upazilla level to pay taxes with a considerable success.On the first day, nearly 470 new taxpayers have taken Taxpayers Identification Number (TIN)...

ICB AMCL declares NAV of two unit funds

FE Report | 2008-07-02 00:00:00

The ICB Asset Management Company Limited, a subsidiary of Investment Corporation of Bangladesh (ICB), has declared net asset values (NAV) of its two unit funds.The total NAV of ICB AMCL Unit Fund stood at Tk 605,325,507.62 on the basis of...

Jamaat submits signatures of 15m demanding release of Khaleda, Nizami

2008-07-02 00:00:00

Jamaat-e-Islami has demanded immediate release of all the detained political leaders, including its Ameer Motiur Rahman Nizami and BNP chairperson Khaleda Zia, reports UNBIn support of their demand, a 20-member Jamaat delegation, led by its secretary general Ali Ahsan Mohammad...

Kebab festival at Sonargaon

FE Report | 2008-07-02 00:00:00

A special Kebab festival begins at the Caf

Conditions on yarn import through Benapole relaxed

Doulot Akter Mala | 2008-07-02 00:00:00

The government has relaxed conditions on import of yarn through Benapole land port for 100 per cent export-oriented knitwear industry enjoying bonded warehouse facility.The measure came into effect from Tuesday (July 1).Yarn import through the land port remains almost standstill...

Discount facilities for tourists during off-season

2008-07-02 00:00:00

THE months from October to March are considered to be the period for tourism in our country Many tourism organisations arrange package tour programme to the Sundarbans, Cox's Bazar, St. Martin, Kuakata, Nijhum Island, Jaflong, Madhabkunda and other places. As...

Dhaka DSA, Ansar move to final

2008-07-02 00:00:00

Hosts Dhaka DSA and Bangladesh Ansar and VDP moved to the final of the EXIM Bank 19th National Women's Handball Competition eliminating their respective opponents in the semis at the Mirpur Shaheed Suhrawardi Indoor Stadium in the city Tuesday, reports...

Indian Communists mull withdrawal

2008-07-02 00:00:00

India's main Communist party is discussing when to withdraw support to the government over a civilian nuclear deal with the US, a party leader says.Communist leader Prakash Karat's comments came amid reports that the Congress-led coalition could go ahead with...

S Korea's inflation rate near 10-year high

2008-07-02 00:00:00

SEOUL, July 1 (AFP): South Korea's annual inflation rate was 5.5 per cent in June, close to a 10-year high due to soaring prices of oil and other commodities, official figures showed today.The year-on-year rise in the consumer price index...

China to adjust up on-grid electricity prices

2008-07-02 00:00:00

BEIJING, July 1 (Xinhua): China's national economy planner National Development and Reform Commission (NDRC) will issue detailed rules and regulations for localities to heighten on-grid electricity prices.It's learnt that assessment work for the national on-grid price hikes was completed on...

BAU new student affairs adviser takes over

2008-07-02 00:00:00

Prof Md Abul Khair Chowdhury of the Department of Agricultural Chemistry took over as Student Affairs Adviser of the Bangladesh Agricultural University (BAU), Monday, said a press release.Outgoing Student Affairs Adviser Prof Md Nozmul Hassan of the Department of Dairy...

Triumphant Spanish team returns to victory parade

2008-07-02 00:00:00

MADRID, July 1 (AFP): Hundreds of thousands of ecstatic flag-waving fans cheered Spain's Euro 2008 players as they were feted in a parade in an open-top bus through Madrid to celebrate the country's first major football trophy in 44 years.The...

We aren't buying time on Khaleda's release: Zillur

2008-07-02 00:00:00

The caretaker government is not deliberately delaying the process of release of detained former prime minister and BNP chairperson Khaleda Zia, Commerce Adviser Dr Hossain Zillur Rahman said Tuesday to dispel doubts over this issue, reports UNB."We're not buying time......

IOC proposes joint inter-Korean march

2008-07-02 00:00:00

SEOUL, July 1 (AFP): International Olympic Committee (IOC) head Jacques Rogge has proposed a joint march by the two Koreas at the opening and closing ceremonies of the Beijing Olympics next month, officials said today.The proposal was made in a...

Factories hit worldwide as commodity prices soar

2008-07-02 00:00:00

LONDON, July 1 (Reuters): Soaring commodity costs are denting manufacturing activity in Asia and Europe and the outlook looks bleak as new orders drop off in the face of rising prices, surveys showed Tuesday.Manufacturing activity in the Eurozone contracted in...

Oil rises above $140 in Asia

2008-07-02 00:00:00

SINGAPORE, July 1 (AFP): Oil prices rose above 140 dollars in Asian trade today but remained below record highs in a market underpinned by continued Middle East tension and a weak US currency, analysts said.In afternoon trade, New York's main...

CA to attend D8 Summit in KL

2008-07-02 00:00:00

Chief Adviser (CA) Fakhruddin Ahmed would lead Bangladesh delegation to the sixth summit of the leaders of the Developing-8 grouping, popularly known as D-8, scheduled for July 8 in Kuala Lumpur, reports UNB."This would be a significant gathering of government...

US lawmakers voice concern to Musharraf

2008-07-02 00:00:00

WASHINGTON, Jul 1 (AFP): A team of US lawmakers said Monday they had "candid discussions" with Pakistani leaders about the importance of confronting Al-Qaeda terrorists both within Pakistan and along its border with Afghanistan."Our delegation held candid discussions with President...

Oracle reports Q4 GAAP, Non-GAAP EPS up by 27pc respectively

FE Report | 2008-07-02 00:00:00

Oracle Corporation, world's largest enterprise software company has announced FY08 Q4 Generally Accepted Accounting Principles (GAAP) Earnings Per Share (EPS) up by 27pc to $0.39, compared to the same period last year.It has also announced that the Q4 Non-GAAP earnings...

Modern scanners for the ports

Mahmud Rashid | 2008-07-02 00:00:00

THE two seaports of the country at Chittagong and Khulna urgently need modern scanners. This requirement is much more pressing for the Chittagong port that handles the lion's share of the country's sea-borne external trade. The functions of the ports...

Sangakkara ton sets up 64-run win

2008-07-01 00:00:00

Kumar Sangakkara's flawless century was backed by a disciplined bowling performance as Sri Lanka took a giant stride towards the final with a comfortable 64-run win over Pakistan at the National Stadium in Karachi, reports Cricinfo.Sohail Tanvir's five-wicket haul couldn't...

Iraq to award oil contracts to foreign cos

2008-07-01 00:00:00

BAGHDAD, June 30 (AFP): Iraq today will award oil contracts to dozens of foreign companies in a bid to boost production that could also give multinationals a foothold in the country's huge but underdeveloped oil fields.The oil ministry is to...

Bravo, Finance Adviser

2008-07-01 00:00:00

SALVATION for the Deserving (SFD) congratulates Finance Advisor Dr. Mirza Azizul Islam for his speech made on June 24, 2008 at a function of Dutch Bangla Bank Ltd. The finance advisor stated that 'Government is considering tax exemption on a...

Flood, landslides kill four, displace dozens in Nepal

2008-07-01 00:00:00

KATHMANDU, June 30 (XINHUA): At least four people were killed, dozens of others were displaced and property worth millions of Nepali rupees was damaged due to the floods and landslide triggered by incessant rains at several places in Nepal within...

BNP-led alliance to observe Emergency Withdrawal Day on July 9

2008-07-01 00:00:00

The BNP led four-party alliance Monday announced "Emergency Withdrawal Day" on July 9 and "Fundamental Rights Restoration Day" on July 16, reports UNB.The alliance, spelling out its programmes at a protest meeting at Diploma Engineers Institution, also asked the Election...

Rebels, soldiers killed in Lankan clashes

2008-07-01 00:00:00

COLOMBO, Jun 30 (AFP): Sri Lankan security forces kept up an offensive against Tamil Tiger rebels, killing at least 30 guerrillas for the loss of two soldiers, the defence ministry said Monday.Troops shot dead 30 rebels in the districts of...