COLOMBO, June 28 (AFP): Sri Lanka's national carrier, Sri Lankan Airlines, will reintroduce a fuel surcharge to cover rising jet fuel costs, the airline said today."Sri Lankan Airlines has reintroduced the fuel surcharge for travel and ticketing effective July 1,"...
A fragile eight-day-old truce between Israel and Palestinian groups in the Gaza Strip appears to have been violated repeatedly by both sides, BBC reports.A UN source says Israeli troops have opened fire on Palestinian farmers several times, causing injuries. Israel...
Noor Iqbal Khanam Chowdhury, mother of Anti-Corruption Commission chairman Lt Gen (retd) Hasan Mashhud Chowdury, died at the Combined Military Hospital (CMH) Saturday morning. She was 80, reports UNB.Sources said Noor Iqbal Khanam, who was under treatment at the CMH...
FE Report | 2008-06-29 00:00:00
Use of the services of private asset management companies or recovery agents to help recover a huge amount of stuck-up loans in the country's banking sector was stressed at a seminar held in Dhaka Saturday."Bad loans can be recovered by...
Zhou Xin | 2008-06-29 00:00:00
Steve Jobs may not lose sleep over knock-off iPhones, but legitimate Chinese brands such as Ningbo Bird are fretting about fakes in the cut-throat world of low-end handset makers.China is the world's largest market for handsets, but domestic brands such...
Ahmed Jubair | 2008-06-29 00:00:00
The stresses on the macro economy due to various external and internal factors are growing though the government is aware of the developments. The externalities such as higher prices of fuel oil and other commodities in the international market are...
FE Report | 2008-06-29 00:00:00
Chief Executive Officer (CEO) of Hongkong and Shanghai Banking Corporation Limited (HSBC) in Bangladesh Steve Banner delivered a two-hour presentation covering business opportunities in Bangladesh to representatives from approximately 50 major United States (US) companies at HSBC's New York city...
KINGSTON, June 28 ( AFP) : The world's two fastest men, Usain Bolt and Asafa Powell, cruised into the semi-final round of the men's 100 metres at Jamaica's Olympic track and field trials Friday. Powell was the more aggressive in...
Dhaka College students went berserk and set ablaze a microbus following a road accident that left one of their fellowmen seriously injured Saturday, reports UNB.Police said Saiful Islam, a first year honours student of Zoology department of the college, was...
FE Report | 2008-06-29 00:00:00
International Leasing and Financial Services Limited (ILFSL) opened its first branch at Ayub Trade Centre in Chittagong recently.Chittagong Chamber of Commerce and Industry (CCCI) President Saifuzzaman Chowdhury Javed formally inaugurated the branch of the company.Directors, executives of different banks/financial institutions...
Harvey Morris | 2008-06-29 00:00:00
International efforts to confront climate change and global food shortages were being undermined by widespread corruption in provision of ever-scarcer water resources, said a report launched the other day at the United Nations.The worldwide pattern of graft ranges from New...
SEOUL, Jun 28 (AFP): US Secretary of State Condoleezza Rice was set to arrive in Seoul Saturday for talks on North Korea, a day after the communist state demolished an atomic reactor tower in a show of its commitment to...
FE Report | 2008-06-29 00:00:00
RB Group, a refrigerator and freezer manufacturing company having its brand name Walton, inaugurated its exclusive showroom Prodhan Electronics at South Bus Stand, Gobindaganj in Gaibandha district recently.Senior Deputy Director of the company and film actor Ilias Kanchan, Bogra Highway...
Asian stocks fell for a third week, ending the regional benchmark's worst first half in 16 years, as record oil prices dimmed earnings prospects and concern grew that credit market losses haven't reached an end.Toyota Motor Corporation, the world's second-largest...
JobStreet.com, one of the leading job sites in Bangladesh, has signed a 30-month partnership agreement with the Institute of Cost and Management Accountants of Bangladesh (ICMAB), said a press release.With this agreement, JobStreet.com will provide placement services for their members...
FE Report | 2008-06-29 00:00:00
Bangladesh Investment Climate Fund (BICF) of The International Finance Corporation (IFC) will organise a seminar on public-private partnerships (PPP) for economic zones.The half-day seminar, to be held on July 1, 2008 at Hotel Sheraton, will focus on the concepts and...
M Azizur Rahman | 2008-06-29 00:00:00
The ministries of energy and law are now at loggerheads over adoption of the national coal policy that would determine the fate of foreign investment proposals worth around $ 5.0 billion.The law ministry last week held up its much-expected clearance...
MIDLAND, Texas, June 28 (AFP): The wide open oilfields of West Texas are ripe pickings for thieves these days.Some drive up to one of the thousands of pump jacks that dot the countryside and siphon crude out of the storage...
A truly breathtaking 115 from Alok Kapali utterly transformed the opening game of the Asia Cup's Super Four, with Bangladesh suddenly finding an extra gear to race to 283 from their 50 overs. Despite an attractive half-century from Tamim Iqbal...
BEIJING, Jun 28 (AFP): Tropical storm Fengshen killed nine people as it tore across China's south, pounding the densely populated area with torrential rains, state media said Saturday.Fengshen, which means "God of Wind", made rivers swell in most parts of...
Apollo Hospitals Dhaka observed the International Nurses' Day through holding a day-long programme recently, said a press release.Dr Ed L Hansen, chief executive officer (CEO) of the hospital inaugurated the programme, while Jahanara Begum, director, Directorate of Nursing Services, and...
LONDON, June 28 (AFP): Kevin Pietersen has said he will have no qualms about captaining England against South Africa, the land of his birth."That would be great," said Pietersen, who will lead England for the first time in Saturday's fifth...
Ellen Lee | 2008-06-29 00:00:00
MYSPACE plans to begin remodeling its home on the Web Monday, simplifying how users navigate the site and design their personal profiles."This is a pretty big overhaul for us," said Steve Pearman, MySpace's senior vice president of product strategy. "We...
LONDON, June 28 (Internet): European stock markets closed mostly lower Friday, extending losses in a global sell-off sparked by growing concerns about the economic outlook as oil prices soared to fresh records above $142.Dealers said that after a sharp fall...
The Pakistani military has launched an offensive against militants near the main north-western city of Peshawar, security officials said, reports BBC.Militants have become more active in and around Peshawar in recent months, say correspondents.A contingent of troops has blocked the...
FE Report | 2008-06-29 00:00:00
Oracle has been awarded the 'Telecom OSS Vendor of the Year Award' recently at the 2008 Frost & Sullivan Asia Pacific ICT Awards ceremony in Singapore.The award recognises Oracle's exemplary Operations Support Systems (OSS) solution growth and performance for 2007...
Awami League (AL) and some social organisations have expressed its profound sock at the death of former Indian Army Chief Field Marshal Sam Manekshaw, reports UNB.Manekshaw died of old age ailments Thursday night.Manekshaw was the chief of Bangladesh-India Allied Forces...
Mahmuda Shaolin | 2008-06-29 00:00:00
Bangladesh Post Office (BPO), hamstrung by manpower shortage, has refused a Tk 21.6 million annual offer for distribution of bills of the Titas Gas Transmission and Distribution Company Limited (TGTDCL)."We cannot receive this lucrative offer from TGTDCL due to shortage...
Naim-Ul-Karim | 2008-06-29 00:00:00
The draft of the Consumer Protection Ordinance-2008 prepared to consolidate the rights of the customers will be sent again for approval of the advisory council next week.A top official of the Ministry of Commerce Saturday said this as the government's...
Shahiduzzaman Khan | 2008-06-29 00:00:00
Various uses of plastic products are being tested around the world. Of late, experts have witnessed that blending plastic waste with bitumen in laying tarmac could enhance road durability, drastically reduce maintenance costs, and save the country Tk 15.08 billion...
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