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Scolari heads for Chelsea with bruised pride

2008-06-21 00:00:00

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...

Obama apologises to Muslim women

2008-06-21 00:00:00

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...

New challenges facing banking sector

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...

Nokia launches two new email-optimised devices

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,...

weekly currency roundup

2008-06-21 00:00:00

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...

Exhibition on constrn materials begins in city today

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...

World population to hit 7 billion in 2012

2008-06-21 00:00:00

WASHINGTON, June 20 (Agencies): The world's population will reach 7 billion in 2012, even as the global community struggles to satisfy its appetite for natural resources, according to a new government projection.There are 6.7 billion people in the world today....

West Zone Railway to implement Tk 26.70b uplift projects

2008-06-21 00:00:00

RAJSHAHI, Jun 20 (BSS): The West Zone of the Bangladesh Railway will implement various development projects at an estimated cost of Tk 26.70 billion (Tk 2,670 crore) in phases.According to the official sources, the projects had been undertaken around 15...

UK minister Shahid Malik lauds BRAC's education programme

2008-06-21 00:00:00

The UK Minister for International Development, Shahid Malik, visited a BRAC primary school located in the Korail slum area of Dhaka city Thursday, as part of a three-day tour to Bangladesh.The minister spent time talking and interacting with the students...

Price rise amid overflowing supplies

Enayet Rasul | 2008-06-21 00:00:00

The markets in Bangladesh can indeed defy all economic laws and dictums. The simplest of the economic laws says that the more the supplies of a commodity the less would be its price as abundance of the good in the...

Extend credits to prospective sectors, increase business for achieving targets

FE Report | 2008-06-21 00:00:00

Rupali Bank Limited (RBL) Managing Director Md Abdul Hamid Miah stressed the need for extending credits to prospective and viable sectors and for increasing import-export and foreign remittance business of the bank for achieving the targets set by the head...

Five Asian nations branded 'worst' violators of refugee rights

2008-06-21 00:00:00

WASHINGTON, June 20 (AFP): China, India, Malaysia, Thailand and Bangladesh have been identified as among the worst violators of refugees' rights in a global survey on the occasion of Friday's World Refugees Day.They joined Iraq, Kenya, Russia, Sudan and Europe...

Accounting standards

2008-06-21 00:00:00

ACCOUNTING in many areas of business in the country continues to be done in the traditional fashion for which it is nothing more than book-keeping or taking stock of routine expenditures and returns. But modern accounting is much more dynamic....

BIRDEM hospital cook run over by bus in city

2008-06-21 00:00:00

A cook of BIRDEM Hospital was crushed under the wheels of a bus when the conductor pushed him down on the road in the city's Shahbag area Friday afternoon following bargaining over the bus fare, reports UNB.The deceased was identified...

Jamaat condemns announcement of local-body election schedule

2008-06-21 00:00:00

Jamaat-e-Islami Secretary General Ali Ahsan Mohammad Mujahid condemned Friday the announcement of election schedule for four city corporations and nine municipalities, reports UNB."The demand for holding the national election first has become a national demand. The government and the Election...

Japan's quest for innovative freedom

2008-06-21 00:00:00

Jonathan Guthrie and Robin HardingNodding politely, a mechanical doll created by Toshiba founder Hisahige Tanaka totters across a tabletop and offers a visitor a cup of tea at the company's research and development centre near Tokyo. Ingenious and intriguing, the...

Israel-Hamas truce: Opportunity or stopgap?

Zhang Yanyang | 2008-06-21 00:00:00

Some analysts view the temporary truce between Israel and Hamas as a special opportunity while others consider it a stopgap measure for both sides as it is unlikely to halt a collision course. The "tahadiyeh" (Arabic for temporary truce) proposed...

EU gives Ireland more treaty time but Czechs block progress

2008-06-21 00:00:00

BRUSSELS, June 20 (AFP): EU leaders have agreed to postpone till October a decision on the bloc's Lisbon Treaty, rejected by Irish voters and further threatened by a eurosceptic Czech president, according to a draft deal Friday.But the document, prepared...

Barzagli out of Euro 2008

2008-06-21 00:00:00

BADEN, Austria, June 20 (AFP): Italian defender Andrea Barzagli was ruled out of the rest of Euro 2008 Thursday after injuring his left knee in training, the Italian Football Federation said Thursday.The 27-year-old VfL Wolfsburg defender - capped 23 times...

EU team visits Mymensingh

2008-06-21 00:00:00

MYMENSINGH, June 20 (BSS): A team of the European Union (EU) visited the zonal election office here Thursday evening.They held meeting with Deputy Election Commissioner Mohammad Ekram at his office and discussed matters relating to preparation of the voter list...

Prices of rice, baby food rise in city markets

FE Report | 2008-06-21 00:00:00

Prices of rice and baby food of a brand marked rise while flour prices declined slightly in the past one week at retail shops in the city markets, traders said Friday.During the same period, they said, prices of most other...

Ponting to honour 'The Don' at centenary

2008-06-21 00:00:00

SYDNEY, June 20 (AFP): Australian captain Ricky Ponting will deliver the oration at a ceremony marking the 100th anniversary of the birth of the late cricketing great Don Bradman, Cricket Australia said Friday.Ponting, who is now leading Australia on its...

Warning signals for manpower export

2008-06-21 00:00:00

THERE can be no denying that the current macro-economic stability of Bangladesh stems mainly from its sending out of workers with the overseas jobs in growing number. The country's forex reserve recently surpassed $6.0 billion, thanks to a record number...

BKB organises workshop on SME finance, dev

FE Report | 2008-06-21 00:00:00

Bangladesh Krishi Bank (BKB) organised a workshop on 'Small and medium enterprises (SME) finance and development' at the BKB head office in the city Wednesday.BKB Managing Director Md Mukter Hussain inaugurated the workshop as the chief guest.ICICI Bank Chief Representative...

Bibiyana power project to draw only two int'l bidders

2008-06-21 00:00:00

Only two international bidders are likely to submit the final bids for the proposed 450MW Bibiyana Power Plant, a priority project of the government, in mid-July next, reports UNB.According to official sources, the Power Cell, which invited the international tenders...

Bickering will never feed the world

John Gapper | 2008-06-21 00:00:00

LONG-running feuds often go quiet for a while but it takes only one incident to make them flare up again. So it is with the argument between exponents of organic farming and those who prefer technology-intensive, industrialised agriculture.The latest provocation...

Doctors say Woods should recover from injuries

2008-06-21 00:00:00

CHICAGO, June 20 (AP): Doctors who treat the kinds of knee and leg injuries that ended Tiger Woods' victorious season have one word for his U.S. Open victory - remarkable."The fact that he had surgery two months ago and seemed...

Sharif says Zardari risks losing support over Pak judges

2008-06-21 00:00:00

Pakistan's former Prime Minister Nawaz Sharif said his coalition partner Asif Ali Zardari risks losing popular support after failing to honour an agreement to reinstate judges fired by President Pervez Musharraf, reports Bloomberg."I am disappointed and dismayed that he did...

Satkhira shrimp farmers incur huge losses

2008-06-21 00:00:00

SATKHIRA, Jun 20 (UNB): Shrimp cultivators in the district incurred huge losses this year due to virus attack in their enclosures and low price of shrimp.About 31,000 tonnes of shrimp were produced in the district and Tk 14 billion (Tk...

Beauty traps

Crespo Sebunya | 2008-06-21 00:00:00

The Ugandan government recently announced several regulatory measures for beauty salons. In Kampala, the Ugandan capital, officials visited numerous beauty salons to warn the owners that they now need to follow rules in their business. "We have been told that...