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Dominant Russia complete last eight lineup

2008-06-20 00:00:00

VIENNA, June 19 (Reuters): Russia set up a Euro 2008 quarter-final with coach Guus Hiddink's native Netherlands after a deserved 2-0 win over Sweden in Group D on Wednesday completed the lineup for the last eight.The Swedes, who only needed...

Quake reconstruction to boost China growth

2008-06-20 00:00:00

Geoff Dyer in Beijing andTom Mitchell in Hong KongFT Syndication ServiceLast month's devastating Sichuan earthquake will boost China's economic growth, thanks to the billions due to be poured into reconstruction, according to a government think-tank.The State Information Centre, a research...

Three get 17 yrs RI for extortion

2008-06-20 00:00:00

GAZIPUR, June 19 (UNB): A court here Wednesday sentenced three people, including a Jubo League leader, to 17 years rigorous imprisonment (RI) each in an extortion case.The convicts were identified as Rafiqul Islam alias Tablet Rafiq, Jubo League president of...

corporatewatch

Pragati Life Ins recommends | 2008-06-20 00:00:00

10pc cash dividendPragati Life Ins: The board of directors of Pragati Life Insurance Company Limited has recommended 10 per cent cash dividend for its shareholders for the year 2007. The annual general meeting (AGM) of the company will be held...

Separate rules for construction of bldgs in Ctg

Our Correspondent | 2008-06-20 00:00:00

CHITTAGONG, June 19: New rules for construction of buildings in Chittagong city area have been finalised by the Chittagong Development Authority (CDA) with the mandatory provision of preserving and using rain water in every house and keeping green compound in...

Biman plans to enter into hotel business

FHM Humayan Kabir | 2008-06-20 00:00:00

The national flag carrier -- Biman Bangladesh Airlines -- has planned to foray into hotel business aiming to utilise its prime land in the capital for the purpose and have an additional source of income, a senior official said."We've a...

PILIL MD attends ICMIF meet in Malaysia

2008-06-20 00:00:00

Managing Director of Prime Islami Life Insurance Limited (PILIL) Kazi Md Mortuza Ali recently attended the Takaful network meeting of International Co-operative and Mutual Insurance Federation (ICMIF) in Malaysia.Etiqa Takaful Berhad arranged the meeting, says a press release.He also visited...

Social worker goes abroad

2008-06-20 00:00:00

Md Imran Hasan, a renowned social worker and Secretary General of Kamalapur Pathagar and Samajkalyan Parishad (KPSP), and member of International AIDS Society (Geneva, Switzerland) left Dhaka for Scotland Tuesday, said a press release.He will participate in the Civicus World...

SME Foundation to disburse over Tk 2.0b from next fiscal

Mahmuda Shaolin | 2008-06-20 00:00:00

The SME Foundation will disburse over Tk 2.0 billion from the beginning of next fiscal for development of the country's Small and Medium enterprises (SMEs)."We will start disbursing SME loans from next month," SME foundation chief Mohammad Ayub Miah told...

Taleban 'cleared from Kandahar'

2008-06-20 00:00:00

A senior Afghan official says Nato and Afghan forces have cleared out Taleban militants from the outskirts of the southern city of Kandahar, reports BBC.Kandahar governor Assadullah Khalid told reporters that Taleban fighters had fled Arghandab district.He said the Taleban...

Coffee drinkers may live longer: study

2008-06-20 00:00:00

LOS ANGELES, Jun 19 (Xinhua): Drinking up to six cups of coffee a day might not lead to early death but rather help the heart, especially for women, a new study has showed.The findings were published in the June 17...

Iraq launches offensive in Amara

2008-06-20 00:00:00

Iraqi security forces backed by US troops have launched a major operation in Amara, southern Iraq, overnight to drive out Shia militia groups, BBC reports.So far the situation is said to be normal and no trouble is reported.Iraqi PM Nouri...

Imported Chinese goods becoming costlier

Shakhawat Hossain | 2008-06-20 00:00:00

The country's importers have started feeling the heat of price escalation of Chinese products due to appreciation of Yuan against US dollar, high inflation and lobour cost."Import cost of Chinese finished products has marked more than 40 per cent rise,"...

Change in student politics

2008-06-19 00:00:00

Academics, political leaders and civil-society members said Wednesday it was the time to thwart the present trend in student politics that kowtows to the agenda of the mainstream political parties, reports UNB.They said the situation should be changed for a...

Vista to launch digital satellite radio by Oct

FE Report | 2008-06-19 00:00:00

Vista Communications, a local IT company, will launch a digital satellite radio in Bangladesh by October next for broadcasting advanced information of weather and cautionary warnings for the maritime fishing zones in remote regions.This was disclosed by the Vista Communications...

Thousands trafficked into India for kidney sale every year

2008-06-19 00:00:00

Organ-trafficking rackets smuggle thousands of poor men from Bangladesh and other South Asian countries into India every year to remove their kidneys for sale, speakers at a roundtable alleged Tuesday, bdnews24.com reports.But a narrow definition of trafficking in a relevant...

Iran opposes any Saudi unilateral oil output hike

2008-06-19 00:00:00

TEHRAN, June 18 (AFP): Iran said Tuesday it would be opposed to any move by OPEC kingpin Saudi Arabia to raise its oil output without a consensus from fellow members of the oil cartel."If Saudi Arabia takes a measure to...

Washington, Beijing sign economic deals worth $14 billion

2008-06-19 00:00:00

Fazle Rashid in New YorkDESPITE mutual recriminations over the state of the global economy, each blaming the other for the current economic travails, two world giants -- America and China -- signed massive economic deals amounting to $14 billion ahead...

Media revenue to hit $2.2t by 2012

2008-06-19 00:00:00

NEW YORK, June 18 (Reuters): Global entertainment and media revenue is forecast rising by an average of 6.6 per cent a year to $2.2 trillion by 2012, boosted by advertising-supported digital and mobile media and an explosion in the adoption...

Closure of BDR outlets and what's next

Shahiduzzaman Khan | 2008-06-19 00:00:00

It is a piece of bad news for the country's hardcore poor living in urban areas that at least 75 BDR (Bangladesh Rifles) shops selling rice have been closed. According to the BDR sources, the suspension of sale on rice...

city events

Khelaghor beats Modhubagh | 2008-06-19 00:00:00

Khelaghor KC earned a facile 3-0 goals victory over Modhubagh Friends Club in a North Zone match of the Metropolis Pioneer Football League at the Mohakhali T and T ground Wednesday. Muktar, Bolai and Habib scored one each for the...

Bangladesh makes draw with hosts Singapore

2008-06-19 00:00:00

Bangladesh split points with hosts Singapore after making a one-all draw in their third Pool A match of the 3rd Men's AHF Cup Hockey at the Delta Sports Complex in Singapore Wednesday, reports UNB.Skipper Masud Alam Habul put Bangladesh ahead...

US economy likely to avoid recession, but outlook decidedly 'subprime'

2008-06-19 00:00:00

SAN FRANCISCO, June 18 (Reuters): The economy will likely avoid a formal recession, but its outlook through the end of next year is decidedly "subprime" with the deep housing downturn restraining growth to just above 1 per cent, a UCLA...

Govt assessing impacts on different sectors before raising oil, gas prices

2008-06-19 00:00:00

The government is actively considering raising the prices of oil and gas and an announcement of its hike is in the offing, reports UNB.Chief advisor's Special Assistant for Power and Energy Dr. M Tamim today (Wednesday) dropped a broad hint...

Science stifled?

2008-06-19 00:00:00

Clive cookson and Andrew JackWHEN the US National Institutes of Health unveiled plans in the second week of this month to spend $l.0b over the next five years " "high-risk, high-impact transformative research", it marked the latest effort by academic...

Market experiences strong demand

FE Report | 2008-06-19 00:00:00

A very strong demand was prevailing during the week. The prices appreciated substantially towards the second half. Blenders/Packeteers operated strongly and there was more interest from Pakistan especially for Fannings. Dusts were a strong feature of the sale.CTC Leaf: 17,819...

AIBL holds EC meeting

FE Report | 2008-06-19 00:00:00

The 216th meeting of the Executive Committee (EC) of Al-Arafah Islami Bank Limited (AIBL) was held at its head office in the city recently.Chairman of the EC of the bank Abdus Samad presided over the meeting.The meeting reviewed the overall...

Emirates' Wolgan Valley project to be first milestone

FE Report | 2008-06-19 00:00:00

Emirates Hotels and Resorts' 4,000 acre Australian luxurious conservation resort, Wolgan Valley Resort and Spa, has reached its first milestone with the completion of the first of 40 villas, and plantation of the first 1,000 native trees on site.Emirates Airline...

UK assistance to rise to $300m by FY10

2008-06-19 00:00:00

Visiting UK Development Minister Shahid Malik Wednesday assured Bangladesh of increasing their annual assistance gradually to 300 million US dollars in a couple of years, reports UNB.The assistance would be increased to 250 million dollars in 2008-09 and 300 million...

Trafficking of women and children

2008-06-19 00:00:00

ALTHOUGH human beings today are supposed to enjoy greater physical security compared to ages gone by, the ground realities tell a different story. Greater recognition of human rights and enforcement of the same, granting of voting rights to previously disenfranchised...