FE Today Logo

Search results for:


World Bank eyes new food trust for poor countries

2008-06-26 00:00:00

CANCUN, Mexico, June 25 (Reuters) - The World Bank said last Tuesday it plans to create a new trust to provide poor countries with funds for purchasing food staples and weather the effects of soaring crude prices.Pamela Cox, vice president...

Private banks echo FBCCI claim about liquidity

FE Report | 2008-06-26 00:00:00

Bangladesh Association of Banks (BAB) has requested finance adviser AB Mirza Azizul Islam to divert more public funds to private commercial banks (PCBs) to improve their liquidity position.The BAB requested the finance adviser at a meeting Wednesday to double the...

Business and power shortage

2008-06-26 00:00:00

ACCORDING to a recent Asian Development Bank (ADB) report, 64 per cent of industries of different types in Bangladesh have become heavily dependent on generators. This compares with 25 per cent in India and two or three per cent in...

Summer Graduation President Parade held at Naval Academy

2008-06-26 00:00:00

CHITTAGONG, June 25 (UNB): The Summer Graduation President Parade marking the commissioning of Midshipmen 2006 B batch of Bangladesh Navy was held at the Bangladesh Naval Academy Parade ground here Wednesday.Chief of Naval Staff Vice Admiral Sarwar Jahan Nizam attended...

India tries to break civilian nuclear deal deadlock

2008-06-26 00:00:00

NEW DELHI, June 25 (Reuters): India's government and its communist allies will try to break a deadlock on Wednesday over a civilian nuclear deal with the United States, with the ruling coalition split on an issue that could force snap...

Foreign aid flow may fall short of target

FE Report | 2008-06-26 00:00:00

The budget deficit in the current fiscal is likely to go up further as the foreign aid flow might fall short of target due to lower disbursement by the donors, officials said Wednesday."The government received US $1.36 billion worth of...

commodities digest

2008-06-26 00:00:00

SKorea to resume US beefimports from todaySEOUL, June 25: South Korea will resume US beef imports from Thursday after securing extra health safeguards aimed at placating protesters, officials said. New rules on the imports will be posted Thursday in the...

Fed seen holding rates as inflation unease grows

2008-06-26 00:00:00

WASHINGTON, June 25 (Reuters): The US Federal Reserve Wednesday is expected to hold interest rates steady and indicate slightly greater unease on inflation, while stopping well short of signalling higher borrowing costs are imminent.A statement from the Fed's policy-setting Federal...

Money from anti-graft drive to go to employment project

Shakhawat Hossain | 2008-06-26 00:00:00

The caretaker government might utilise Tk 9.0 billion recovered during the anti-corruption drive for implementation of the proposed Tk 20 billion '100 Days Employment Generation' programme in the new fiscal, officials said Tuesday.A senior finance ministry official said nearly half...

Hundreds of fires sparked by rare lightning storm

2008-06-26 00:00:00

SAN FRANCISCO, June 25 (Agencies): In less than a day, an electrical storm unleashed nearly 8,000 lightning strikes that set more than 800 wildfires across Northern California - a rare example of "dry lightning" that brought little or no rain...

Father beaten to death by son in Borishal

2008-06-26 00:00:00

BORISHAL, June 25 (UNB): An elderly man was beaten to death by his mentally deranged son at Jalabad-Laxmipur village in Muladi Upazila here Monday.The dead was identified as Mohabbat Ali Molla (70).Police and family sources said Bellal Hossain (26), who...

Industrial goods show held at B'baria

Our Correspondent | 2008-06-26 00:00:00

BRAHMANBARIA, June 25: Bangladesh Small & Cottage Industries Corporation (BSCIC) industrial estate owners' association, Brahmanbaria arranged a sellers & buyers conference and industrial products exhibition-2008 in BSCIC industrial area at Nandanpur in Brahmanbaria recently. The exhibition comprised stalls from Sylhet...

Afghan, US-led troops kill 35 Taliban

2008-06-26 00:00:00

KHOST, (Afghanistan), June 25 (Reuters): US-led coalition and Afghan forces killed up to 35 Taliban insurgents after the militants attacked two towns in eastern Afghanistan near the Pakistan border overnight, a police chief said Wednesday.The Taliban have launched a number...

Workers of the world on the move

Andrew Taylor | 2008-06-26 00:00:00

From Filipino electricians in western Australia and Indian petrochemical engineers working in the Persian Gulf, to Latvian stone masons in Northern Ireland, the world's labour force is on the move.Globalisation means that not only are companies are moving operations offshore...

Hasina in Florida for treatment of her ears

2008-06-26 00:00:00

ORLANDO (Florida), June 25 (UNB): Awami League (AL) president Sheikh Hasina flew into here from Washington Wednesday for treatment to her damaged ears.Hasina, whose hearing aid became non-functional, will see ear specialist Dr Michael House. She will be staying at...

Rate of surgeries higher in affluent nations

From Fazle Rashid | 2008-06-26 00:00:00

NEW YORK, June 25: A WHO study conducted in one-fourth of the 192 member states revealed that over 234 million surgical procedures are undertaken world wide each year. But the rate of surgeries is higher in affluent nations than poor...

Raina, Dhoni power India to 374

2008-06-26 00:00:00

Had it not been for a 15-over spell in which just 47 runs were scored, the highest total in ODIs - Sri Lanka's 443 for 9 against Netherlands - would have been under serious threat in India's opening game of...

Ansar clinches Women's team event title

2008-06-26 00:00:00

Bangladesh Ansar clinched the Women's Team event title of the AB Bank 29th National Table Tennis Championship beating Bangladesh Biman by 3-1 sets at the National Sports Council Gymnasium Wednesday, reports UNB.Saleha (Ansars) defeated Seema (Biman) by 11-4, 11-5, 11-3...

Correction

2008-06-26 00:00:00

In a front-page item, headlined, 'BB move to raise banks' paid-up capital suffers setback' and published in our June 25 issue, it was reported that the time for raising the paid-up capital of banks to Tk 2.0 billion would end...

About 0.1m people involved in illegal drug trade: DNC

2008-06-26 00:00:00

The Department of Narcotics Control (DNC) said that about 100,000 people, of whom 30 per cent are women and children, are involved in illegal drugs trade with Dhaka being the largest market, reports bdnews24.com."It is unfortunate for us that we...

Mugabe refuses to bow to world pressure

2008-06-26 00:00:00

HARARE, (Zimbabwe), June 25 (Agencies): Saying the world can "shout as loud as they like," President Robert Mugabe refused to give into pressure from Africa and the West and vowed to go ahead with this week's runoff election, even though...

Bangladesh fair in Nepal in August

2008-06-26 00:00:00

A four-day 'Bangladesh Single Country Fair' will be held at Decoration Exhibition and Convention Centre (DECC), Kathmandu on August 26 to August 29 to promote local products in the Nepalese market, reports UNB.Nepal, the most potential market of Bangladeshi products...

SSC exam results today

DU Correspondent | 2008-06-26 00:00:00

Results of the 2008 Secondary School Certificate (SSC) and equivalent examinations will be published at 5:00 pm today (Thursday), after two months of completion of the exams.Students having mobile phone connections can collect their results through short message service (SMS)...

No move yet to develop alternative energies

Enayet Rasul | 2008-06-26 00:00:00

IN paper there is policy in Bangladesh to raise power output by 10 per cent using renewable or alternative sources. This policy of the power ministry has been the outcome of its failure to set up new conventional power generation...

JOCVs team arrives in city

FE Report | 2008-06-26 00:00:00

A-10 member team of Japan Overseas Cooperation Volunteers (JOCVs) has arrived in Dhaka Tuesday on a two-year assignment, said a JICA press release.Among them, Yumi Osawa, Kei Shiga, Miki Kashiwagi and Kenji Tsuji would work on Rural Community Development in...

3 Americans killed, Shiite fighting in Iraq

2008-06-26 00:00:00

BAGHDAD,June 25 (AFP): A roadside bomb killed three American soldiers and an interpreter north of Baghdad, the US military said Wednesday, and Iraqi police reported 14 Shiite gunmen were arrested after fighting south of the capital. In Baghdad.Meanwhile, American soldiers...

Union Capital approves 30pc stock dividend

FE Report | 2008-06-26 00:00:00

Union Capital Limited (UCL) has approved 30 per cent stock dividend, that is, three bonus shares for every ten ordinary shares, for its shareholders for the year 2007.The approval came at the tenth annual general meeting (AGM) of the company...

Three 'Guti' urea fertiliser factories set up in Jessore

Our Correspondent | 2008-06-26 00:00:00

KHULNA, June 25: Three factories of 'Guti' (small ball) urea fertiliser have been set up in three upazilas of Jessore district recently following the commitment of Chief of Army Staff General Moin U Ahmed.Commandant (in-charge) of 105 Infantry Brigade Colonel...

Leaf grades appear much dearer

FE Report | 2008-06-26 00:00:00

There was strong buying interests in sale which gathered momentum as the sale progressed and as a result, all leaf grades were much dearer. Blenders/Packeteers continued to operate strongly and there was a little more interest from Pakistan at higher...

Nadal, Sharapova on Wimbledon cruise as Davydenko crashes

2008-06-26 00:00:00

LONDON, June 25 (AFP):Rafael Nadal, Maria Sharapova and Venus Williams moved into the Wimbledon second round on Tuesday but men's fourth seed Nikolay Davydenko crashed to an embarrassingly limp defeat.Second seed Nadal, bidding to become the first Spanish men's champion...