Niaz Ahmed Khan | 2008-06-22 00:00:00
THERE have been considerable debate and discussions on the proposed budget for fiscal 2008-09. This budget has a number of distinctive features which have attracted attention from various quarters.Firstly, in terms of the financial portfolio, this has been the country's...
DINAJPUR, June 21 (UNB): The police seized the private car of Shamim Eskandar, younger brother of former Prime Minister Khaleda Zia, from his Balubari residence in the district town Friday.The police said they seized the silver-coloured car of Shamim Eskandar...
SEOUL, June 21 (Internet): All US beef exported to South Korea will come from cattle less than 30 months old, officials said Saturday, in a deal made to placate South Korean protesters worried about mad cow disease.An age verification system...
FE Report | 2008-06-22 00:00:00
Islami Bank Foundation (IBF) will distribute seeds, fertilisers, insecticides, agricultural tools, livestock, boat for fishing and feed for fishes among Sidr-hit people under the 'Fael Khair' programme sponsored by Islamic Development Bank (IDB).Recently, Islami Bank Training and Research Academy (IBTRA)...
MANILA, June 21 (AFP): Flash floods and landslides triggered by Typhoon Fengshen have left at least 12 people dead and forced the evacuation of thousands of others in the Philippines, officials said Saturday.The Risao river in the town of Upi...
It is not clear under which voter list the elections to the four city corporations and nine municipalities will be held on August 4, People's Democratic Party (PDP) said in a press release Saturday.The Election Commission declared the election schedule...
FE report | 2008-06-22 00:00:00
In today's globalised world outsourcing is a major foreign currency earner for many countries. Bangladesh with a large pool of young talents is better placed than many countries to cater to the growing market.Bangladesh Ambassador to the United States M...
Matthew Garrahan in Los Angeles and Francesco Guerrera in New YorkFT Syndication ServiceThree leading shareholders in AIG have stepped up their campaign to shake up the board of the company, calling for "significant and immediate changes" to the management of...
FE Report | 2008-06-22 00:00:00
The 10th meeting of the governing board of South Asian Development Fund (SADF) concluded in the city Friday.The programme was hosted by Investment Corporation of Bangladesh (ICB) at Dhaka Sheraton Hotel and began Thursday.Executive heads of different nominated financial institutions...
EASTBOURNE, England, June 21 (AFP): Poland's Agnieszka Radwanska denied 2007 Wimbledon finalist Marion Bartoli a second career final on grass with a 7-5, 6-3 victory at the Eastbourne Championships Friday.Second-seeded Frenchwoman Bartoli, beaten in last summer's title match at the...
CARACAS, June 21 (AFP): Venezuela will attend Sunday's summit between oil producers and consumers being held in Saudi Arabia, energy ministry sources said yesterday.Energy Minister Rafael Ramirez changed his mind and will attend the Jeddah summit, reversing a decision announced...
BNP Secretary General Khandaker Delwar Hossain Saturday repeated his party's demand for scrapping the schedule for local-body polls, as he said major political parties are opposed to local elections before the general election, report UNB and bdnews24.com.The latest plan by...
WASHINGTON, June 21 (Agencies): The International Monetary Fund (IMF) said the US economic slump has been shallower than estimated and warned the Federal Reserve may have to raise interest rates "quickly" to contain inflation.IMF economists, after annual consultations with US...
ROME, June 21 (AFP): Italy will more than double its humanitarian aid this year from 60 to 130 million euros (93 to 202 million dollars), mostly for food aid, the Italian foreign ministry said yesterday.Rome would announce its plans for...
EAST West University organised Inter-university Math Olympiad for the first time at its campus yesterday (21st June). Bangladesh University of Engineering and Technology (BUET) placed consecutively first, second and third position in this competition.A total of 61 participants from 13...
Our Correspondent | 2008-06-22 00:00:00
CHITTAGONG, June 21: The Drainage Master Plan of Chittagong city has not yet been implemented, though a long time has elapsed by.With losing canals and drains of the port city to unplanned urbanisation, the water-logging problem is turning from bad...
CHUADANGA, June 21 (BSS): Diesel subsidy money of about Tk 37.9 million (3.79 crore) was disbursed among 1,22,863 marginal and small farmers in four upazilas of the district.The upazilas are Chuadanga Sadar, Alamdanga, Damurhuda and Jibannagar.Of the amount, about Tk...
Neil McAllister | 2008-06-22 00:00:00
Reading e-mail on the Web is annoying; that was Microsoft's judgment in 2000, back when the Web was a page-based medium. Each HTTP request meant a round trip to the server that refreshed the entire page, which was no good...
BERLIN, June 21 (Reuters): The European Central Bank (ECB) needs to look seriously at current interest rate levels to safeguard its credibility and given high inflation expectations, executive board member Juergen Stark told German magazine Der Spiegel.Asked in an interview...
Arush Sarwar | 2008-06-21 00:00:00
Let us examine a plot of land. It is a hot and wet region, where rain is very common and natural disasters have a habit of striking at any moment. From a natural-resources perspective, this land has plenty of upward...
Joe Leahy and Amy YeeAS India's largest drugmaker recently unveiled a deal worth as much as $4.6bn to sell control to Daiichi Sankyo of Japan, the disbelief at the press conference was palpable.There was shock in India, where the transaction...
RANGPUR, June 20 (BSS): Research findings of a non- government organisation (NGO) shows bright prospects for expanded cultivation of green gram (mug daal), which will meet the country's demand for pulse side by side with bringing huge profits for the...
Bangladesh national cricket team leave Dhaka for Pakistan today (Saturday) with a hope to move to the second round of the Asia Cup beginning on June 24, reports UNB.Placed in group A of the Asia Cup, the Tigers will play...
Maritime ports of Chittagong, Cox's Bazar and Mongla have been advised to lower signal as squally weather is unlikely over North Bay, reports UNB.All fishing boats and trawlers over North Bay, however, have been advised to proceed with caution until...
BASEL, June 20 (AFP): Luiz Felipe Scolari will head for Chelsea with his pride and his reputation for getting the most out of his players having suffered bruising blows at the hands of a German side that has reclaimed the...
WASHINGTON, June 20 (AFP): White House hopeful Barack Obama personally apologised Thursday to two Muslim women after campaign volunteers barred them from appearing in a picture because of their headscarves.Obama spoke by telephone with Shimaa Abdelfadeel and left a message...
Muhammad Ali | 2008-06-21 00:00:00
Banking sector remained a core segment in the country's financial arena for a long period due to its growing contribution to the development of the private sector-led economy. Significant progress has been made in the financial sector, especially in the...
FE Report | 2008-06-21 00:00:00
Nokia, the world's leading mobile set manufacturer, launched two new fashionable email-optimised devices - the Nokia E71 and Nokia E66 at Nokia Connection 2008 in Singapore.'Share More, Experience More' was the theme of Nokia Connection 2008 held at May Park,...
June 15 - June 19, 2008Standard Chartered BankLocal inter-bank foreign exchange market was a little tight in the last week as the demand for dollar rose.Bangladesh taka remained range bound against dollar.Overnight money market eased towards the end of the...
FE Report | 2008-06-21 00:00:00
A three-day exhibition on construction materials and equipment organised by the Bangladesh Association of Construction Industry (BACI) begins today (Saturday) in the city.Special assistant to the chief adviser, M Tamim, will inaugurate the BACI Construction Industry Exhibition 2008 at the...
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