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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...

Dollar gains on euro, yen in Asian trade

2008-06-19 00:00:00

TOKYO, June 18 (AFP): The dollar rose against the euro and the yen in Asian trade today as traders awaited fresh clues on prospects for interest rate rises in the United States and the eurozone, dealers said.The dollar climbed to...

Mere conversion of BTTB into PLCs will hardly serve any purpose

2008-06-19 00:00:00

Quamrul Alam and Mohammad Abu YusufThe Bangladesh Telegraph & Telephone Board (BTTB) has been the monopoly telecom service-provider before private sector telecom operators entered the telecom market. As the main service provider, the BTTB could not meet up the demand...

Italy beat France as Romania exit

2008-06-19 00:00:00

Italy clinched a quarter-final meeting with Spain as they sent France crashing out of Euro 2008 with a deserved win, reports BBC.France had a nightmare evening, losing key man Franck Ribery to a serious injury after only seven minutes.Eric Abidal...

Rice alone devours 87pc of food budget of the poor

Shakhawat Hossain | 2008-06-19 00:00:00

The country's poor people now spend nearly 87 per cent of their food budget on rice and the rest on protein and vegetable, said a government report."The share of rice in the total expenditure on food by the households in...

Olympic torch paraded thru' China's Silk Road city

2008-06-19 00:00:00

KASHGAR, China (Reuters) - The Olympic torch was paraded on Wednesday through China's sensitive former Silk Road city of Kashgar, home to ethnic-minority Muslim Uighurs, under the scrutiny of soldiers and choreographed cheering crowds.China banned all but carefully chosen members...

Car bomb kills 63 in Baghdad

2008-06-19 00:00:00

BAGHDAD, June 18 (AFP): A car bomb at a bus stop in north Baghdad killed at least 63 people and wounded 75 others Tuesday, security officials told AFP. The attack, the biggest in past eight weeks, took place in the...

24 insurance cos buying extra time to float IPOs

S M Jahangir | 2008-06-19 00:00:00

Nearly two dozen private insurance companies are buying extra time for floating their initial public offerings (IPOs), dealing a blow to an official move for enlisting new issues with the capital market."About 24 insurance companies have been counting significant amount...

Nestle sets up safe drinking water facility on school premises

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

Nestle Bangladesh Limited has taken up a project of providing selected schools with clean drinking water facility. As a part of the programme, the latest facility has been set up at Kapasia High School in Gazipur district.Nestle invested in drilling...

Adviser, officials scrutinise budgetary suggestions today

2008-06-19 00:00:00

Finance Adviser Mirza Azizul Islam Wednesday said he has so far one or two small budgetary measures in mind to consider for correction, reports UNB.He, however, would not disclose the issues before finalising them as the officials were busy scrutinising...

Social science research policy at final stage: Finance adviser

2008-06-19 00:00:00

Finance and Planning Adviser AB Mirza M Azizul Islam said Wednesday the national policy on social science research would be finalised soon to bring transparency in the research process, reports BSS."Draft of the policy has already been finalised and it...

Standard Bank, Money Gram sign remittance deal

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

Standard Bank Limited and Money Gram Payment Systems Inc. USA signed an agreement for drawing arrangement of inward foreign currency remittance at the head office of the bank in the city recently.Former managing director of Standard Bank Mosharraf Hossain and...

Dethroned champions look to leave Euro '08

2008-06-19 00:00:00

SALZBURG, Austria, June 18 (AFP): Reigning European champions Greece will be aiming to bow out of Euro 2008 Wednesday by salvaging some pride against Group D winners Spain.Greece's dreams of repeating their improbable run to the title in Portugal four...

Apparel producers expect $10.7b exports in FY08

2008-06-19 00:00:00

Apparel exports are expected to grow faster this fiscal year (2007-08), reaching around 10.7 billion US dollars with increased demand for local apparel items on the international market, reports UNB.A delegation from Bangladesh Garment Manufacturers and Exporters' Association (BGMEA) expressed...

corporatewatch

2008-06-19 00:00:00

Purchase/ sale of directors' sharesMonno Fabrics: Rasheed Mymunul Islam, one of the sponsor/directors of Monno Fabrics Industries Limited, has stated his willingness to buy 10,000 shares of the company at current market price through stock exchange within next 30 working...

Awaiting a design center

2008-06-19 00:00:00

The demand for establishing a design center has been raised from time to time. Recently, it was raised by the sector's stakeholders again at a seminar. Geetiara Safia Chowdhury, a former adviser in the present caretaker government had assured all...