GENEVA, June 15 (Reuters): Turkey and Czech Republic could face a penalty shootout Sunday to qualify for a Euro 2008 quarter-final clash against Croatia although both sides are determined to avoid relying on the lottery of spot kicks.Under a new...
FE Report | 2008-06-16 00:00:00
Grameenphone Ltd inaugurated a Grameenphone Center (GPC) and two Community Information Centers (CICs) in the Chittagong Hill Tracts Sunday.Grameenphone recently completed providing network coverage in the three hill districts of Bandarban, Rangamati and Khagrachhari.The Grameenphone network, now covers all 64...
SYDNEY, June 15 (AFP): Australian Finance Minister Lindsay Tanner said today the government wanted Asian countries to drop their fuel subsidies to ease rising petrol prices.Canberra argues that the subsidies distort demand for petrol and push up the cost of...
Rebecca Knight, FT Syndication ServiceSonic crystals help cut noiseIf earplugs have failed to drown out noise from the flat above, a new study offers hope. Researchers in Spain have shown that metamaterials - defined by their man-made cellular structure -...
LONDON, June 15 (Reuters): Top hedge fund bosses will debate whether an upturn in distressed investing or profitable macro strategies offer 2008's blockbuster trade, just as short subprime was in 2007, when they meet in Monaco this week.GAIM International 2008,...
LONDON, June 15 (AFP): US President George W. Bush arrives in Britain Sunday to take afternoon tea with Queen Elizabeth II, hold talks with Prime Minister Gordon Brown and visit Northern Ireland on his farewell European tour. But his visit...
German Ambassador to Bangladesh Frank Meyke had a meeting with Awami League acting president Zillur Rahman Sunday and discussed issues relating to reforms in parties and parliamentary elections.Talking to the press after the meeting held at Zillur's Gulshan residence, the...
Expressing worries at deteriorating condition of BNP Senior Joint Secretary General Tarique Rahman and his brother Koko in custody, Khondoker Delwar Sunday cautioned the government will bear the brunt if anything happened to them for lack of better treatment.BNP secretary...
FE Report | 2008-06-16 00:00:00
The inter-bank call money rate was steady Sunday although the central bank used its reverse repurchase agreement (repo) tool and treasury bills to withdraw cash from the market. The US dollar was also steady against Bangladesh taka (BDT) in the...
SILICON VALLEY, June 15 (PTI): People in India and China remain upbeat and optimistic about their national economic conditions, contrary to the trend witnessed globally, a recent survey by independent body, the Pew Research Centre has found.Majority of people in...
Abul Hossain | 2008-06-16 00:00:00
THE Bangladesh Power Development Board (BPDB) handed over the land of the sites in workable condition at a date later than the expected time. As a result, the commercial operation of the three rental power plants, among the would-be six,...
Naim-Ul-Karim | 2008-06-16 00:00:00
The receipts from overseas remittances is expected to reach US$10 billion in the next fiscal year following a robust growth in manpower export in the outgoing fiscal, a senior official said Saturday.In the first 11 months of the outgoing fiscal,...
James Mackintosh | 2008-06-16 00:00:00
FT Syndication ServiceLONDON: Hedge funds have more than $2,900bn under management, according to a survey of valuers of their assets, sharply up on last year in spite of the credit crunch and a series of high-profile problems in the industry.The...
Company's net loss/ profit | 2008-06-16 00:00:00
Quasem Silk: Quasem Silk Industries Limited incurred a net loss of Tk 0.06 million as per the unaudited half yearly accounts as on March 31, 2008. The earning per share of the company stood at Tk 0.03.NAV of First BSRSOn...
Abdul Awal Mintoo, a sponsor director of Pragati Insurance Limited, has recently taken over as the chairman of the company. He replaces Khalilur Rahman, who is the chairman of KDS Group of Industries.Former FBCCI president Abdul Awal Mintoo carries with...
The US government through the United States Agency for International Development (USAID) recently launched PROGATI, a four-year project designed to control corruption by strengthening public oversight of government funds, reports BSS.PROGATI, an acronym for Promoting Governance, Accountability, Transparency and Integrity...
FE Report | 2008-06-16 00:00:00
Asian Development Bank (ADB) has launched a project aiming to help the government reduce poverty and promote economic growth by providing market-relevant skills training to 68,200 Bangladeshis, a senior official said Sunday.He said the project also aimed at helping unemployed...
FE Report | 2008-06-16 00:00:00
Dhaka stocks tumbled Sunday led by mutual funds due to the corrective measures taken by the prime bourse to cool down the overheated market, amid a continued low turnover.Trading on the Dhaka Stock Exchange (DSE), however, was in the positive...
Guy Dinmore | 2008-06-16 00:00:00
Fed an expanding diet of reality and game shows displaying saucy soubrettes, Italians at the weekend are tuning into a new prime-time series, Tell Me The Truth, where VIPs and their real-life partners strut their stuff and vie to be...
The High Court Sunday issued rule asking the government to explain why certain provisions of the Emergency Power Ordinance (EPO) and the Emergency Power Rules (EPR) 2007, including curbing High Court jurisdiction on bail, "should not be declared illegal and...
Our Correspondent | 2008-06-16 00:00:00
CHITTAGONG, June 15: Unilever Bangladesh Limited Chairman-cum-Managing Director Rakesh Mohan called upon the officials and employees to discharge their duties diligently with a motivated target of doubling production of the company by the year 2010 keeping safety and quality of...
Bangladesh hockey team registered the 2nd win in the 3rd Men's AHF Cup Hockey beating Chinese Taipei by 3-2 goals in Singapore Sunday, reports UNB.Captain Maksud Alam Habul, vice captain Russell Mahmud Jimmy and Mamunur Rahman Choyon scored one goal...
FE Report | 2008-06-16 00:00:00
The National Board of Revenue (NBR) collected Tk 397.28 billion revenue in the first 11 months of the current fiscal. The amount is equivalent to 86.42 per cent of the revised target for the fiscal.The government, for the first time...
The caretaker government is considering overseas treatment of Tarique Rahman and Arafat Rahman Koko, the two detained sons of ex-premier Khaleda Zia, after having received applications from their kin, reports UNB."Today we received the application of Tarique Rahman sent by...
FE Report | 2008-06-16 00:00:00
International environmental organisations WWF and International Union for Conservation of Nature (IUCN) on Sunday launched the global online community 'Conect2earth.org aimed at creating awareness on environmental issues among the young people all over the world.Supported by mobile phone giant Nokia,...
WASHINGTON, June 15 (AFP): A senior US official urged countries to remove barriers to the use of biotechnology and other innovations that would increase food production at a time of crisis."We must address the policies and trade barriers that increase...
Shamsul Huq Zahid | 2008-06-16 00:00:00
Trade bodies, if not the National Board of Revenue, this time appear to be unusually enthusiastic about the government's offer to formalise undisclosed yet legal income.The Federation of Bangladesh Chambers of Commerce and Industry-FBCCI, has demanded of the government to...
A familiar nemesis and a battle-scarred warhorse inspired a downcast bunch to brave the odds and hand Pakistan their first multi-nation title in more than five years, according to website cricinfo.In front of their board chairman, who had lashed out...
BEIJING, June 15 (AFP): Heavy rains that hit southern and eastern China have left at least 62 people dead or missing, while over one million residents have been evacuated, the government and state media said Sunday. Rains were expected to...
THE supply of basic agro-inputs such as fertilisers is noted to be a rather unreliable and corruption-ridden process. Not only fertilisers, farmers have been found facing difficulties in getting smooth supply of other inputs like seeds, irrigation water and diesel...
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