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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
Our Correspondent | 2008-07-01 00:00:00
NILPHAMARI, June 30: Auctioned machinery of the world's largest Adamjee Jute Mill are being widely used in establishing mini jute mills across the northern region of the country including Nilphamari. Persons buying looms from closed Adamjee are establishing small jute...
Awami League during its July 3 formal dialogue with the government would raise the demand for holding upazila elections after the parliamentary polls, AL acting general secretary Syed Ashraful Islam said Monday, reports UNB.He also said AL would not participate...
Foreign Adviser Iftekhar Ahmed Chowdhury has said a strong local government was an imperative for true and genuine democracy, reports UNB."Governance must be taken to the doorstep of the people, and the only way to do that in modern times...
TOKYO, June 30 (AFP): The yen rose against other major currencies in Asian trade today after Moody's upgraded Japan's domestic debt rating on hopes of continued fiscal reform and an economic recovery, dealers said.They said the euro was slightly higher...
HONG KONG, June 30 (Xinhua): More and more businessmen from Hong Kong were turning their eyes to developing Africa for opportunities in the potential gold mine, Vice Chairman of the China-Africa Business Council Hong Kong Cammy Chan said Friday.Speaking on...
IT is really worrisome that about 100,000 people have been involved in drug trading in the country. If the number of traders is so high, what then would be the number of the addicted? Can one guess that?On the occasion...
The UN has urged African leaders at a key summit in Egypt to try to negotiate a solution to the crisis in Zimbabwe, reports BBC.UN Deputy Secretary General Asha-Rose Migiro said this was the "moment of truth" for the African...
Pakistan fast bowler Shoaib Akhtar has challenged his 18-month ban for indiscipline at a Lahore High Court, reports BBC.The ban came after Shoaib, 32, publicly criticised the Pakistan Cricket Board's (PCB) allocation of central contracts.A PCB tribunal reduced the suspension...
TUCUMAN, Argentina, June 30 (AFP): The 10 leaders of the Mercosur trade bloc meeting here Monday and Tuesday are expected to condemn the EU's new immigration rules, discuss plans for regional integration and address the global food crisis.Ecuador President Rafael...
NEW YORK, June 30 (AP): Even for an industry awash in bad news, the newspaper business went through one of its most severe retrenchments in recent memory last week.Half a dozen newspapers said they would slash payrolls, one said it...
SINGAPORE, June 30 (AFP): World oil prices closed in on 142 dollars in Asian trades today, pushed up by continued worries over supply and the weak US currency, dealers said.In afternoon trade, New York's main oil futures contract, light sweet...
Mohammed Haider Ali Miah has been promoted to the post of deputy managing director (DMD) of Export Import Bank of Bangladesh Ltd (EXIM Bank).Prior to this promotion, he was the senior executive vice-president (SEVP) of the bank and performed his...
FE Report | 2008-07-01 00:00:00
LR global Bangladesh Asset Management Company Limited, the country's fourth asset management company, begins its formal operation today (Tuesday) aiming to open foreign private equity investment opportunities to local entrepreneurs.The newly approved asset management company plans to float a mutual...
Commerce Adviser Hossain Zillur Rahman Monday reiterated the government's firm stand against the participation of corrupt, convicted and listed criminals in the upcoming polls, reports BSS."Our position is clear about their participation in the coming elections and there is no...
Most petrol pumps across the country were abruptly closed at 8:00 Monday night following the government's announcement of the fuel price hike leaving scores of vehicles stranded at refilling stations, reports UNB.Closure of the refilling stations came without prior notice...
Nighat Sultana | 2008-07-01 00:00:00
EDUCATION is no more looked at in isolation from a country's economic or developmental goals nowadays. Rather, it is recognized as the single most important factor in promoting economic growth and development through the creation of human resources. Thus, Southeast...
Bangladesh Athletics Federation Monday picked up 21 athletes from the recently concluded senior and junior competitions for a 60-day residential training camp that will begin July 5 at the BKSP in Savar, reports UNB.Shahidul Islam of Bangladesh Army and Razia...
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