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Watson ton drives easy Australia win

2008-07-01 00:00:00

Shane Watson made his first ODI century and Ricky Ponting bounced back to form as Australia completed yet another one-sided victory over West Indies to take an unbeatable 3-0 lead in the five-match series, reports Cricinfo.Chasing 224 on a decent...

Asians especially vulnerable to food shortages and high prices

Stephen Kaufman from Washington | 2008-07-01 00:00:00

WITH more than 60 per cent of the world's undernourished people living in the Asia-Pacific region, the soaring cost of food is pushing many back into poverty as they try to cope with the increased challenge of putting food on...

ICB Islamic Bank vows to rebuild confidence of customers

FE Report | 2008-07-01 00:00:00

The immediate task of the new management of ICB Islamic Bank is to rebuild the confidence of the public particularly the bank's dedicated customers while at the same time to bring in new businesses. The bank is committed to make...

corporatewatch

2008-07-01 00:00:00

Stock trading remains closed todayThe trading of DSEand CSE remains closed today (Tuesday) due to the bank closing day.Fareast Islami Life recommends 40pc stock dividendThe board of directors of Fareast Islami Life Insurance Company Limited has recommended a stock dividend...

Narail book semis berth beating Rangamati

2008-07-01 00:00:00

Narail DSA thrashed Rangamati DSA by 24-13 goals in the opening match of the EXIM Bank 19th National Women's Handball Competition at the Mirpur Shaheed Suhrawardi Indoor Stadium in the city Monday, reports UNB.Narail DSA, which led the first half...

Jayasuriya special takes SL to 332

2008-07-01 00:00:00

As birthday bashes go, this one was pretty special, with Sanath Jayasuriya bludgeoning Bangladesh into near-submission as Sri Lanka took a giant stride towards the Asia Cup final, reports Cricinfo.Some of the Bangladesh players were still in diapers when Jayasuriya...

Iskander, Minu's wives get ad-interim bails in graft cases

2008-07-01 00:00:00

The High Court (HC) Monday granted ad-interim anticipatory bails to Kaniz Fatema, wife of former Prime Minister Khaleda Zia's brother Shamim Iskander and Rajshahi City Mayor Mizanur Rahman Minu's wife Salma Rahman in separate graft cases, reports UNB.A division bench,...

Iran to ready thousands of graves for enemy soldiers

2008-07-01 00:00:00

TEHRAN, Jun 30 (AFP): Iran is to dig 320,000 graves in border districts to allow for the burial of enemy soldiers in the event of any attack on its territory, a top commander said Sunday."In implementation of the Geneva Conventions......

Kenya needs $1.1b to address food crisis

2008-07-01 00:00:00

NAIROBI, June 30 (AFP): Kenya needs 72 billion shillings (1.1 billion dollars or 708 million euros) in emergency funding to counter a food crisis that has helped drive inflation to over 30 per cent, an official said yesterday."We urgently need...

Tariff rates revised as BTTB starts journey under new name today

2008-07-01 00:00:00

Bangladesh Telephone and Telegraph Board (BTTB) starts its journey as a public company titled 'Bangladesh Telecommunications Company Limited' (BTCL) from today (Tuesday) to provide better services to the customers, reports UNB.All the 1,170 officials and 12,636 employees will be absorbed...

Uttor Kotgaon Torun Sangha beat Progoti Sangha

2008-07-01 00:00:00

Uttor Kotgaon Torun Sangha beat Progoti Sangha by a solitary goal in the Munshiganj Under-16 Football League at the Munshiganj Stadium Monday, reports UNB.Earlier, on the opening day of the league Sunday, Nabanabin Club played to a goalless draw with...

Public-private initiative needed for success in population control: CA

2008-07-01 00:00:00

Chief Adviser (CA) Fakhruddin Ahmed Monday called upon both the public and the private sectors to implement target-oriented programmes for achieving further success in population control in a coordinated manner, reports BSS.Steps should be taken to increase involvement of NGOs,...

Helicopter collision kills 7 in Arizona

2008-07-01 00:00:00

LOS ANGELES, Jun 30 (AFP): At least seven people were killed and three critically injured Sunday when two medical helicopters collided in Flagstaff, Arizona, a Federal Aviation Administration spokesman said.The mid-air collision occurred near a hospital in the city and...

Tk 1.0b DANIDA project for poverty alleviation

2008-07-01 00:00:00

BARISAL, June 30 (UNB): Work on a Tk 1.0 billion project for poverty alleviation has begun in six districts of Barisal division.The project titled 'Regional Fishing and Livestock Development: Barisal Component' funded by Danish International Development Agency (DANIDA) will be...

Fuel oil prices hiked

M Azizur Rahman | 2008-07-01 00:00:00

The government raised Monday prices of petroleum products by 33.84 per cent to 50 per cent with effect from Tuesday to offset the impact of overheated international oil market on the domestic economy.Diesel and kerosene will now be sold at...

Rahimafrooz launches 24-hr CNG stations

2008-07-01 00:00:00

Rahimafrooz Group, an automotive and industrial battery manufacturing company of the country, has launched uninterrupted refill services for CNG-run vehicles.The company is offering 24-hour service and electronic billing in stations under its 'Quikfill' logo, reports bdnews24.com.Rahimafrooz Group Chairman Afroz Rahim...

Eco progress to continue despite economic woes: IPCC chief

2008-07-01 00:00:00

LONDON, June 30 (AFP): Progress in the battle against climate change will continue despite economic woes around the world, the head of the United Nations Nobel Prize-winning scientific panel wrote today.In an article published in The Guardian newspaper, Rajendra Pachauri...

Five killed in separate incidents

2008-07-01 00:00:00

Five persons were killed and many others injured in separate incidents in different places of the country during the last two days, report agencies.In Sylhet, an SSC examinee allegedly committed suicide by hanging himself from the ceiling fan of his...

BGIC approves 17.5pc stock dividend

FE Report | 2008-07-01 00:00:00

Bangladesh General Insurance Company Limited (BGIC) approved 17.5 per cent stock dividend for its shareholders.The approval came at the 23rd annual general meeting (AGM) of the company at a city club Sunday.Chaired by BGIC Chairman Towhid Samad, the meeting was...

Call rate drops to record low, dollar stable

FE Report | 2008-07-01 00:00:00

The inter-bank call money rate dropped to a record low Monday ignoring withdrawal of cash from the market. The US dollar, however, retained its strength against Bangladesh taka (BDT) in the inter-bank foreign exchange market because of steady demand for...

Spain bask in Euro glory after 44-year wait

2008-07-01 00:00:00

VIENNA, June 30 (AFP): Spain ended their 44-year wait for a major international title with a 1-0 victory over Germany at the Euro 2008 final here.Fernando Torres scored the only goal of the game in the first half as football's...

Forex reserve hits all-time high

FE Report | 2008-07-01 00:00:00

The country's foreign exchange reserve rose to $6.16 billion Monday, the last working day of the 2007-08 fiscal, which is the highest ever in the history of Bangladesh."The foreign exchange reserve reached the ever-highest level mainly due to significant inflow...

Pioneer Insurance approves 20pc cash dividend

FE Report | 2008-07-01 00:00:00

Pioneer Insurance Company Limited (PICL) has approved 20 per cent cash dividend for its shareholders for the year that ended on December 31, 2007.The approval came at the 12th annual general meeting (AGM) of the company at the Bangladesh-China Friendship...

Rubber planters for uninterrupted fertiliser supply

FE Report | 2008-07-01 00:00:00

Rubber planters Monday urged the government to maintain uninterrupted fertiliser supply to their gardens in order to boost production.The government has suspended subsidised fertiliser supply since May 25 saying the rubber cultivation does not fall under agriculture sector.The government also...

Israel approves prisoner exchange

2008-07-01 00:00:00

Israel's cabinet has approved a prisoner swap with the Lebanese militant group Hezbollah, BBC reports.The swap would see the return of the bodies of two Israeli soldiers captured by Hezbollah two years ago.The Lebanese prisoners to be freed reportedly include...

NOAB urges govt to increase ad budget

2008-07-01 00:00:00

Newspaper Owners' Association of Bangladesh (NOAB) has urged the government to increase its advertisement budget by at least four times to meet the additional cost of the newly increased rates of advertisement, reports UNB.The NOAB leaders, at a general meeting...

news digest

Zimbabwe vote result not | 2008-07-01 00:00:00

legitimate: Ban Ki- moonTOKYO, Jun 30 (AFP): UN Secretary-General Ban Ki- moon on Monday criticised Zimbabwe's election in which President Robert Mugabe won another term as "deeply flawed," saying the result was not legitimate. "The secretary-general has said repeatedly that...

USA: All the world's her stage

Elayne Clift | 2008-07-01 00:00:00

IN Kenya, reluctant women find strength to tell their stories of female genital cutting. Israeli and Palestinian women share tales of terror and trauma -- and acts of resistance. Indian sex workers talk among themselves of their experiences in Kolkata...

Call for nuclear weapon-free world

2008-07-01 00:00:00

LONDON, Jun 30 (AFP): Four former British foreign and defence secretaries called Monday for nuclear powers around the world to increase diplomatic efforts to eventually rid the world of nuclear weapons.Writing in The Times, Sir Malcolm Rifkind, Lord Douglas Hurd,...

Geopolitical worries send oil above $143

2008-07-01 00:00:00

Robert Cookson, FT Syndication ServiceLONDON: Oil surged to a new record above $143 a barrel on Monday as the dollar fell and worries about Iranian supply deepened.Nymex August West Texas Intermediate rose $3.25 to $143.50 a barrel as the US...