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BUET wins first place in inter-university math olympiad

2008-06-22 00:00:00

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...

Ctg city drainage master plan put in cold storage

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...

Tk 37.9m diesel subsidy disbursed in Chuadanga

2008-06-22 00:00:00

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...

Seven more turning points in tech history

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...

'ECB needs to look seriously at rate level'

2008-06-22 00:00:00

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...

Framing ethical laws and fighting corruption: Lessons from Louisiana

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...

Ranbaxy sale to Japanese is a 'game changer'

2008-06-21 00:00:00

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...

Prospects for 'mug dal'cultivation in country's N-region bright

2008-06-21 00:00:00

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...

Nat'l cricketers for Asia Cup leave for Pakistan today

2008-06-21 00:00:00

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...

Seaports advised to lower signal

2008-06-21 00:00:00

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...

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...