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Mandela marks 90th birthday | 2008-06-29 00:00:00

with London concertLONDON, Jun 28 : A star-studded cast of artists were celebrating Nelson Mandela's 90th birthday with a giant concert in London Friday in support of his global AIDS campaign. Queen, Amy Winehouse and Annie Lennox were among the...

Somalia tops list of world's most unstable nations

James Blitz | 2008-06-29 00:00:00

FT Syndication ServiceLONDON: Somalia has for the first time been ranked as the most unstable country in the world, while Israel has fallen into the ranks of the 60 weakest states, according to an annual assessment of the world's most...

German inflation jumps to 3.3pc, fastest pace since '93

2008-06-29 00:00:00

FRANKFURT, June 28 (AFP): German inflation picked up speed in June, jumping to an annual 3.3 per cent, the fastest pace since 1993, from 3.0 per cent in May, official figures showed yesterday.As inflation climbs and indicators point to an...

UCB celebrates 25th anniversary today

FE Report | 2008-06-29 00:00:00

The United Commercial Bank Limited (UCB), one of the first generation private banks in the country, is celebrating its 25th anniversary today (Sunday).To mark the day, various programmes have been designed to be staged at its head office and 87...

Another outlaw dies in 'encounter' in Kushtia

2008-06-29 00:00:00

Within a span of 24-hours, another outlaw was killed in an "encounter" between his cohorts and police at Houspur village in Mirpur under Kushtia early Saturday, reports UNB.The dead was identified as Anwar Hossain Selim (35), regional commander of Biplobi...

Farmers fight Tata Motor for land

2008-06-29 00:00:00

Farmers have protested the acquisition of land in eastern India for a Tata Motor plant.The farmers tried to block visiting Tata executives from entering the plant in West Bengal.Police used teargas and clubs to beat back the farmers who clashed...

Guatemala ministers die in chopper crash

2008-06-29 00:00:00

GUATEMALA CITY, Jun 28 (AFP): Guatemala's Interior Minister Vinicio Gomez and deputy minister Edgar Hernandez were among four people killed Friday in a helicopter crash, a presidential spokesperson said."We have confirmation the deceased in the accident were minister Gomez and...

Women Scientists' Assoc holds AGM

2008-06-29 00:00:00

An executive committee of Women Scientists' Association of Bangladesh (WSAB) was formed for two years with Prof Shahida Rafique, Prof Nazira Quraishi Kamal and Prof Hasin Azhari Anupama as its president, vice-president and general secretary respectively, said a press release.The...

Four-party alliance reviews political situation today after AL's decision

2008-06-29 00:00:00

The BNP-led four-party alliance is reviewing the latest political developments as it sits for a crucial meeting today (Sunday) to discuss issues tied to local government polls slated for August 4, reports UNB.Amid rival Awami League's latest decision endorsing the...

Fellowship news

Abe Fellowship | 2008-06-29 00:00:00

The Social Science Research Council (SSRC), the Japan Foundation Center for Global Partnership (CGP), and the American Council of Learned Societies (ACLS) announce the annual Abe Fellowship Program competition. Funding for the Abe Fellowship Programme is provided by CGP. Application...

SSC results and relevant issues

2008-06-29 00:00:00

A record 72.18 per cent students have come out successful in this year's Secondary School Certificate (SSC) and its equivalent -- Dhakil and vocational -- examinations. Besides, nearly 52,500 students, the highest number since the introduction of the grade average...

Maharashtra banks facing cash crunch, farmers feel heat

2008-06-29 00:00:00

BOMBAY, (Internet): Farmers in Maharashtra are worried a lot at a time when cooperative banks in Maharashtra are facing cash crunch due to high default on loans sanctioned in 2007-08. Even those eligible for fresh crop loans are also bearing...

WTO countries endorse high-stake Doha round push

2008-06-29 00:00:00

GENEVA, June 28 (Agencies): Governments negotiating a global trade treaty Friday backed what trade experts said was a "make-or-break" test of the seven-year drive to cut tariffs and subsidies that pinch exporters and constrain growth.World Trade Organisation (WTO) Director-General Pascal...

BB amends liquidity support guidelines for PDs

FE Report | 2008-06-29 00:00:00

The central bank has recently amended its guidelines relating to the liquidity support facility provided to primary dealers (PDs).Under the amended guidelines, the PDs will be provided liquidity support facility against devolved treasury bills and bonds for a maximum period...

Bangladesh A team concede defeat against Ireland

2008-06-29 00:00:00

Touring Bangladesh A team conceded a 82-run defeat against hosts Ireland A team in a Twenty20 match at the Eglington Cricket Club ground Friday, reports UNB.Batting first, hosts Ireland scored a moderate 161 for 6 in 20 overs with number...

Dollar falls as ECB rate hike expectations mount

2008-06-29 00:00:00

NEW YORK, June 28 (AFP): The dollar weathered fresh losses yesterday, despite a stronger-than-expected snapshot on consumer spending, amid expectations that eurozone interest rates will be hiked next week.The gap in US and eurozone rates-US rates are considerably lower-has already...

FBCCI invites application for internship

FE Report | 2008-06-29 00:00:00

Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has invited applications from prospective MBA students of reputed institutions for internship programme.The internees will be assigned to research work on trade policy/trade agreements/market access/WTO/ compliances/corporate management/ private sector development etc.They...

HP launches monsoon promotional gifts

FE report | 2008-06-29 00:00:00

Hewlett-Packard (HP), world

Ban arrives in Japan as part of Asia tour

2008-06-29 00:00:00

TOKYO, Jun 28 (AFP): UN chief Ban Ki-moon arrived Saturday in Japan, an airport official said, in the first leg of a two- week Asian tour that will take him to China, South Korea and the Group of Eight summit...

Quraishi asks party workers to elect 1/11 backers

2008-06-29 00:00:00

Progressive Democratic Party (PDP) chief Ferdous Ahmad Quraishi Saturday asked party workers to elect 'honest people' from those who had supported the 1/11 changeover, reports bdnews24.com."Those who supported 1/11 will be the 'stars' of our party," Ferdous Ahmad Quarishi stated...

Development of public-private partnership structure

Amitava Basu | 2008-06-29 00:00:00

PUBLIC-Private Partnerships (PPPs) have been in existence since long before the Revolutionary War. In 1652, the Water Works Company of Boston was the first private firm in America to provide drinking water to citizens. Today, creative government leaders develop partnerships...

Old and new rivals square off in Asian race for 2010 World Cup

2008-06-29 00:00:00

SEOUL, June 28 (AP): Fierce rivalries old and new will resume in the final round of Asian qualification for the 2010 World Cup as Japan and Australia cross swords while traditional foes South Korea, North Korea, Saudi Arabia and Iran...

Korean company to invest Tk 3.15b in Karnaphuli EPZ

2008-06-29 00:00:00

M/s Pungkook Chittagong (Pvt) Company Limited, a Korean company, will set up a bags, packs and luggage manufacturing industry in the Karnaphuli Export Processing Zone (EPZ).The one hundred per cent foreign-owned company will invest initially about Tk 3.15 billion in...

Karnaphuli Ins holds half-yearly business meet

FE Report | 2008-06-29 00:00:00

The half-yearly business meeting of the branch in-charges of Karnaphuli Insurance Company Limited was held at its head office in the city recently.Chairman of the company Nizamuddin Ahmed was present as the chief guest at the function while its Managing...

US seeks UN resolution on Zimbabwe next week: Rice

2008-06-29 00:00:00

SEOUL, Jun 28 (AFP): The United States wants to introduce a UN Security Council resolution next week to send a "strong message of deterrence" to Zimbabwean President Robert Mugabe, US Secretary of State Condoleezza Rice said Saturday."I understand that the...

Gates leaves Microsoft

2008-06-29 00:00:00

SEATTLE, June 27 (bdnews24.com/Reuters) - Sensing the start of a personal computer revolution, Bill Gates dropped out of Harvard University in 1975 to start Microsoft Corp and pursue a vision of a computer on every desk and in every home.Three...

79,000 die of TB a year

FE Report | 2008-06-29 00:00:00

Speakers at an orientation session said that Tuberculosis (TB) is a major public health problem in Bangladesh. Over 340,000 people develop TB each year of whom 79,000 die in the country.They appealed to the participants to be more conscious about...

Indian inflation soars to new 13-year high of 11.42pc

2008-06-29 00:00:00

NEW DELHI, June 28 (PTI): Pushed by higher prices of food articles including milk, cereals, tea, edible oils and some manufactured items like soaps and detergents, inflation soared to 11.42 per cent for the week ending June 14.The inflation number...

Scarcity increases the value of a rigorous qualification

Rod Newing | 2008-06-29 00:00:00

SOME people regard the chartered financial analyst (CFA) qualification as equivalent to a masters degree in finance, but Jeffrey Diermeier sees it differently.

A new world for America's next president

2008-06-29 00:00:00

Robert Hormats and Jim O'NeillWHOEVER moves into the Oval Office in January 2009 will have to deal with a significantly different global economy from the one George W. Bush inherited just eight years earlier - and will need to forge...