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Gold up slightly, grains surge on buying wave

2008-06-15 00:00:00

NEW YORK, June 14 (Internet): Gold futures finished modestly higher Friday, helped by inflationary indications even as a higher dollar and lower oil capped its buoyancy.August gold rose $1.10 to settle at $873.10 a troy ounce on the Comex division...

Fruit fair at Agora outlets

FE Report | 2008-06-15 00:00:00

A nine-day fruit fair kicked off at Agora outlets in the city Friday.Over 22 varieties of fruits, including mango, black-berry, jackfruit, lychee, watermelon, pineapple, guava and lotkan, are on offer at all the four Agora outlets.Alongside the local fruits, imported...

Emirates to launch first A380 aircraft to America

FE Report | 2008-06-15 00:00:00

Air travellers will be able to experience Emirates Airline's A380 aircraft for the first time on August 1 when the airline launches first commercial service of the giant aircraft from Dubai to New York.The 14-hour non-stop flight will also be...

Greenback retains earlier gains against taka

Sarwar Zahan | 2008-06-15 00:00:00

US dollar retained its earlier gains against Bangladesh taka (BDT) in the inter-bank foreign exchange market last week on central bank's active intervention, fund managers said.The demand for the greenback was low, as most banks maintained a buying bias. Some...

Katalyst, SRDI sign MoU FE Report

2008-06-15 00:00:00

Swiss-contact Katalyst and Soil Resource Development Institute (SRDI) recently signed a memorandum of understanding (MoU) at the SRDI conference room in the city Wednesday.Katalyst Division Manager Harald Bekkers and SRDI Director Lutfur Rahman signed the MoU on behalf of their...

Workers' Party renamed as Revolutionary Workers' Party of Bangladesh

2008-06-15 00:00:00

Workers' Party of Bangladesh led by Khondoker Ali Abbas has been renamed 'Revolutionary Workers' Party of Bangladesh', reports UNB.The party leaders during the third working session of the three-day central extended plenum Saturday have also decided to absorb minimum one-third...

Schoolgirl violated

2008-06-15 00:00:00

SIRAJGANJ, Jun 14 (UNB): A minor schoolgirl was violated allegedly by her neighbour at West Para village in Tarash upazila here Thursday night.The police said Mailu, father of three children, tactfully took the girl, a student of class five of...

Salman, Younis power Pakistan to 315

2008-06-15 00:00:00

In a masterful innings-building effort that was reminiscent of Pakistan's strategy in the early '90s, Salman Butt and Younis Khan paced themselves perfectly to launch them to an imposing 315 for 3 in the Kitply Cup final in Mirpur. Pakistan,...

Joint effort targets child porn Web sites

Anthony M. Destefano | 2008-06-15 00:00:00

Three big Internet service providers said yesterday they plan to block access to child porn Web sites and newsgroups after an undercover probe by the New York State attorney general's office found numerous cases of explicit child sex on the...

Short-course certificate awarding ceremony at East West University

2008-06-15 00:00:00

The certificate awarding ceremony for the participants in a short course on "Corporate Valuation, Governance and Control" at East West University was held in the University auditorium on 12 June. The aim of the course was to enhance the capability...

Johnson, Lee guide Australia to first innings lead

2008-06-15 00:00:00

BRIDGETOWN, Barbados, June 14 (AP): Left-arm pacer Mitchell Johnson took a career-best four for 41 Friday to help guide Australia to a first-innings lead over the West Indies on day two of the third and final cricket test at Kensington...

Saudis to increase oil production by half-million barrels

2008-06-15 00:00:00

WASHINGTON, June 14, (AFP): Concerned that skyrocketing oil prices might induce a worldwide economic slump, Saudi Arabia is planning to increase oil production next month by about a half-million barrels a day, The New York Times reported on its website...

Child labour

2008-06-15 00:00:00

THE world day against child labour was observed in the country as elsewhere in the globe on June 12. This year, countries across the world observed the day, focusing on ensuring children's education right to establish child labour from different...

3 get life-term in Satkhira

2008-06-15 00:00:00

SATKHIRA, Jun 14 (UNB): Three of a family were sentenced to life-term imprisonment by a court here Thursday for killing a minor girl five years ago.The court also fined the convicts Sachin Chandra (40), his wife Jotsna Rani (35) and...

Don't lump Hasina with

2008-06-15 00:00:00

Workers Party president Rashed Khan Menon said Saturday the release of former Prime Minister Sheikh Hasina must not be lumped with the release of corrupt people, reports bdnews24.com.The comment came a day after Gono Forum president Kamal Hossain urged the...

Hamas officials to go to Egypt for truce talks

2008-06-15 00:00:00

GAZA CITY, June14 (Agencies): A spokesman for Hamas says representatives plan to travel to Cairo to discuss an Egyptian-mediated truce with Israel. Gaza-based Hamas spokesman Ayman Taha says the Hamas officials will listen to Egyptian mediators and then discuss with...

Govt urged to waive taxes on undisclosed income if invested in real estate sector

FE Report | 2008-06-15 00:00:00

Realtors have urged the government to waive taxes on undisclosed income if invested in the country's real estate sector.The country's leading real estate developers were discussing at a round table meeting held at the National Press Club Saturday on the...

Wife appeals to govt for Tarique's treatment abroad

2008-06-15 00:00:00

Zobaida Rahman, wife of detained BNP leader Tarique Rahman, Saturday appealed to the government to release her ailing husband on humanitarian ground, reports UNB.In a letter to the government, Zobaida said Tarique was arrested on March 8, 2007 and since...

Pragati Insurance approves 35pc stock dividend

FE Report | 2008-06-15 00:00:00

Pragati Insurance Ltd approved 35 per cent stock dividend for the year 2007 in its 22nd annual general meeting (AGM) held at Jamuna Resort Ltd in Tangail recently.The meeting was presided over by Pragati Insurance Chairman Khalilur Rahman. Members of...

Three rental power plants to miss deadline for their commissioning

FE Report | 2008-06-15 00:00:00

At least three out of six rental power plants are to miss the official deadline for commissioning of their units mainly because of delay in the allocation of land by the authorities concerned, sources said.They are: Kumargaon, Fenchuganj and Shahjibazar...

Lost opportunities -- ship building and repairing in Bangladesh

2008-06-15 00:00:00

BANGLADESH should have been in shipbuilding and repair long long ago, simply because of the fact that the Khulna Shipyard was set up in 1961 or so. This letter is in reply to an article under the same caption by...

Electrical products Fair 2008 begins June 26

2008-06-15 00:00:00

A three-day electrical products fair begins in the city on June 26 to display various high-standard homemade electrical goods for further expansion of the industry, reports UNB.Commerce and Education Adviser Hossain Zillur Rahman is scheduled to inaugurate the Bangladesh Electrical...

developments in the region and abroad

2008-06-15 00:00:00

Rains, landslides kill 14 in IndiaGAUHATI, June 14 (AP): An official says landslides and house collapses caused by heavy rains have killed at least 14 people and injured more than 50 others in India's remote northeast.Government official Bidol Tayeng says...

Sustainability not a priority for students

Rebecca Knight | 2008-06-15 00:00:00

For many MBA students a "green" personal life is more important than working for a company with environmentally friendly policies - at least for now.A survey of nearly 400 MBA students shows that the downturn in the economy has made...

Bata Shoe approves 250pc cash dividend

FE Report | 2008-06-15 00:00:00

Bata Shoe Company (Bangladesh) Limited approved 250 per cent cash dividend comprising a final dividend of 105 per cent and interim dividend of 145 per cent for its shareholders for the year 2007.This was approved at the 36th annual general...

Banglalink confce on 'development of tourism' held

FE Report | 2008-06-15 00:00:00

Banglalink Roundtable Conference on 'Immediate Need for the Development of Bangladesh Tourism' was held at a city hotel Saturday.Bangladesh Monitor and Daily Samakal jointly organised the roundtable conference while mobile phone company Banglalink sponsored it.The roundtable was organised to create...

9-man AL team to join dialogue with govt

2008-06-15 00:00:00

Awami League central working committee Saturday demanded permanent unconditional release of party president Sheikh Hasina, as they want a logical conclusion of government initiatives for parliamentary elections, reports UNB.Awami League also called for unity of all progressive forces ahead of...

Call to encourage local investors

Our Correspondent | 2008-06-15 00:00:00

CHITTAGONG, June 14: Bangladesh Steel Re-Rolling Mills (BSRM) Ltd, a modern rolling mill built under the initiative of BSRM Group in joint finance of private and public sectors, is a vast steel manufacturing organisation which contributes a lot to the...

Spain, Sweden eye Euro 2008 quarter-final

2008-06-15 00:00:00

INNSBRUCK, Austria, June 14 (AFP): Either Spain or Sweden could wrap up a place in the Euro 2008 quarter-finals if they emerge triumphant from the pair's Group D meeting here Saturday.Both won their opening matches with Spain particularly impressive in...

Empowerment of SQA

Sajjadul Hakim | 2008-06-15 00:00:00

IN most cases, if there is a so-called SQA (Software Quality Assurance) team in a software development company, they advocate SQA empowerment. If some are not vocal about it, they probably are de-motivated about the fact that they are not...