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Sri Lanka court halts Tamil evictions

2007-06-09 00:00:00

COLOMBO, Jun 8 (AFP): Sri Lanka's Supreme Court Friday ordered a halt to the eviction of minority ethnic Tamils from the capital, as rights activists attacked the use of "collective punishment" to fight Tamil rebels. The Supreme Court intervention followed...

NKorea launches missiles off its coast

2007-06-09 00:00:00

SEOUL, Jun 8 (AP): North Korea fired two short-range missiles into its coastal waters Thursday, apparently as part of regular military drills, South Korean military officials said amid a stalemate in international talks on the communist country's nuclear weapons. The...

US immigration drive crippled

2007-06-09 00:00:00

WASHINGTON, Jun 8 (AFP): A sweeping immigration reform drive collapsed in the US Senate Thursday, leaving 12 million illegal immigrants in limbo and dealing a stinging blow to President George W Bush. On a night of high political drama, Democratic...

Nearly 50 dead in Iraq bloodshed

2007-06-09 00:00:00

BAGHDAD, Jun 8 (AFP): At least 49 people have died in a two-day surge of violence in Iraq, including 16 in two car bombs Friday, as an American general admitted the US military surge would likely only have temporary impact....

Six in 10 Nepalese want king to go

2007-06-09 00:00:00

KATHMANDU, Jun 8 (AFP): Nearly six out of 10 Nepalese want the monarchy to be abolished in the Himalayan nation, but the same number are unclear about the relevance of upcoming elections, a survey showed Friday. The opinion poll, carried...

Fidel Castro meets visiting Bolivian ally Morales

2007-06-09 00:00:00

HAVANA, Jun 8 (AFP): Ailing Cuban President Fidel Castro met Thursday with leftist Bolivian President Evo Morales, who went home immediately after a lightning "working visit," Cuban television said. As Morales was seen off at Jose Marti international airport by...

Thai junta lifts ban on Thaksin's website

2007-06-09 00:00:00

BANGKOK, Jun 8 (AFP): Thailand's army-backed government announced Friday that it had lifted a ban on deposed premier Thaksin Shinawatra's website, saying it no longer posed a security threat. The junta blocked the Hi-Thaksin website a few days before the...

Policeman, four Taliban killed in Afghan gunbattle

2007-06-09 00:00:00

KANDAHAR, Afghanistan, Jun 8 (AFP): A policeman and four Taliban militants were killed in a gunfight after rebels attacked a police post in southern Afghanistan, police said Friday. The incident happened late Thursday in troubled Zabul province, a hotbed of...

Hosts make a healthy total in first innings

2007-06-09 00:00:00

England extended their total to a healthy 370 on the second morning at Old Trafford with Ian Bell falling three runs short of a seventh Test century, but his 97 was central to turning the innings around from a precarious...

Rahmatganj upset Sheikh Russell

2007-06-09 00:00:00

Rahmatganj MFS caused a big upset beating title contender Sheikh Russell KC by a solitary goal in the day's lone return match of the B League at the Bangabandhu National Stadium in the city Friday, reports UNB. With the result,...

Ivanovic shocks Sharapova

2007-06-09 00:00:00

Serbia's Ana Ivanovic reached the first Grand Slam final of her career with victory over Maria Sharapova at the French Open Thursday. Seventh seed Ivanovic took control from the start and came through 6-2 6-1 against Russian second seed Sharapova,...

Real Madrid sign deal to expand brand in USA

2007-06-09 00:00:00

MADRID, Jun 8 (AFP): Spanish giants Real Madrid signed a marketing agreement with a New York-based sports marketing group to expand their brand and help the development of football in the United States. The contract with SCP (Sports Capital Partnres)...

Ballseye

2007-06-09 00:00:00

Saiful KaiserThe first ODI between Asia XI and Africa XI was won by the Asians but Shaun Pollock single-handedly almost took his team to the brink. Had it been the loss of 4 or 5 wickets instead of the 8...

Flintoff brushes off Vaughan comments

2007-06-09 00:00:00

Andrew Flintoff has said his friendship with Michael Vaughan remains as strong as ever, despite Vaughan's comments about Flintoff's conduct at the World Cup. Flintoff labelled his skipper's interview with The Guardian this week "a storm in a teacup". "We...

Beckham commits to England cause

2007-06-09 00:00:00

David Beckham said he is eager to play for England as long he is "allowed" to. The former captain (32) was England's shining light against Estonia, setting up two of his side's three goals during the 3-0 victory in Talinn....

Proposed budget for 2007-08

2007-06-09 00:00:00

THE proposed budget for fiscal 2007-08 having an over-all size of Tk 871.37 billion, announced by Finance Adviser Mirza Azizul Islam last Thursday, is both development and welfare oriented. However, some of the issues contained therein merit reconsideration. It lays...

Economic growth to win against poverty

2007-06-09 00:00:00

Syed Ishtiaque RezaBANGLADESH'S growth performance was relatively modest throughout the period of post-Independence. Recently, it has turned faster. Notwithstanding the relatively slow income growth and modest pace of income poverty reduction, Bangladesh's achievements in the broad area of human development...

Beijing could reap $40bn tax bonanza

2007-06-09 00:00:00

Geoff Dyer from Shanghai and Jamil Anderlini from Hong KongCHINA will gain an annual windfall of as much as $40bn from the tax increase on share trading announced recently -- almost equal to the official defence budget -- if turnover...

Child labour in agriculture

2007-06-09 00:00:00

Sazeda KhanamENGAGING child labour in different economic activities, particularly in worse forms of work, is not only an issue of concern for our country but also for many other countries of the world. This year, the International Labour Organisation (ILO)...

Trial may pose threat to Malaysian government

2007-06-09 00:00:00

John BurtonA high-profile murder trial that began recently in Kuala Lumpur, could pose a political threat to the Malaysian government ahead of expected general elections because one of the accused has links to the deputy prime minister, Najib Razak.Abdul Razak...

Aziz optimistic about financing budgetary deficit without fuelling inflation

2007-06-09 00:00:00

FE ReportFinance and planning adviser Mirza Azizul Islam said Friday a three-pronged strategy as mapped out in the proposed budget -- abolition of import tariffs, increase of domestic supply and boosting local production -- would help keep the prices of...

Forward-looking but challenging

2007-06-09 00:00:00

Moazzem HossainThe proposed budget for fiscal 2007-08, to be adopted through an ordinance after consideration of suggestions and recommendations from expert bodies and citizens that will be received up to June 14, 2007, is, on the whole, forward-looking.While unfolding the...

Take preparation to make budget successful: CA

2007-06-09 00:00:00

Chief Adviser (CA) Fakhruddin Ahmed Friday asked the admin cadre officials to take necessary preparations for successful implementation of the national budget after its finalisation to reach its fruits to all classes of people, reports UNB."Success of the budget as...

Budget, though challenging, reflects people's aspirations: MCCI

2007-06-09 00:00:00

FE Report The Metropolitan Chamber of Commerce and Industry (MCCI) has hailed the 2007-08 budget presented to the nation by finance adviser Mirza Azizul Islam on Thursday."The budget, though challenging, reflects the needs of the times and the desires of...

Improvement in governance, monitoring necessary to attain budgetary goals: FICCI

2007-06-09 00:00:00

FE ReportThe Foreign Investors' Chamber of Commerce and Industry (FICCI) has termed the proposed budget for fiscal 2007-08 an ambitious one and said further improvement in governance and monitoring would be necessary to achieve the budgetary goals. "The proposed budget...

CCCI opposes tariff rate changes on raw material

2007-06-09 00:00:00

FE ReportThe Chittagong Chamber of Commerce and Industry (CCCI) has termed the budget for FY 2007-08 agro-based and social development friendly and said the proposal for allocating Tk 11 billion as export subsidy will facilitate the country's export growth.The CCCI...

DSE happy over emphasis on capital market development

2007-06-09 00:00:00

FE ReportDhaka Stock Exchange (DSE) has hailed the government for presenting 'a balanced and growth-oriented budget' for fiscal 2007-08 saying for the first time due emphasis on the development of country's capital market has been given in the budget."We express...

BNP secy gen doubtful about success of efforts on price-hike

2007-06-09 00:00:00

BNP secretary general Abdul Mannan Bhuiyan Friday expressed doubt about the success of the government's budgetary measures to bring down the prices of essentials, reports UNB.In his reaction to the budget proposed for the fiscal 2007-08, Bhuiyan said despite proposing...

Financing a 'big' budget to be key challenge: CPD

2007-06-09 00:00:00

FE ReportThe Centre for Policy Dialogue (CPD) Friday said financing the proposed budget for fiscal 2007-08 will be the major challenge for the government."The government must make arrangements of financing such a big budget within the first quarter of the...

Hundreds of production units face closure in Bhaluka

2007-06-09 00:00:00

FE ReportHundreds of production units in the country's largest Dhaka-Bhaluka industrial belt face closure following the recent decision of the Ministry of Environment about their relocation elsewhere to protect ecological balance of the Bhawal National Park.In its circular the ministry...