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Fashion SMEs can grow further if designers get support

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

Small and medium enterprises in the fasion sector would grow substantially in future if the communication gap between the government and the fashion designers is filled up.Internationally renowned fashion designer Bibi Russell said this whiel she was speaking as the...

No magic wand for the beleaguered energy sector

Shahiduzzaman Khan | 2008-06-15 00:00:00

FINANCE Adviser Dr Mirza Azizul Islam, in his budget speech, did not bring any magic wand for the country's beleaguered energy sector. What was expected from him that he would draw a battle line in order to boost the country's...

WPB criticises govt's moves to release graft arrestees

2008-06-14 00:00:00

A faction of the Workers Party of Bangladesh (WPB) criticised Friday the government on its moves to release "those arrested on charges of corruption", at an extended meeting of the party, reports bdnews24.com.The faction's general secretary Saiful Haq criticised the...

AL working committee meeting today

2008-06-14 00:00:00

Awami League (AL) leaders will sit in a working committee meeting today (Saturday) to take decisions on some crucial matters, including selection of a party delegation to join the dialogue with the government, reports UNB.The meeting will be held at...

BB to set forex reserve requirement at $6b

Shakhawat Hossain | 2008-06-14 00:00:00

The central bank is likely to set its foreign exchange reserve requirement at US$6.0 billion against existing $5.0 billion for the new fiscal to meet higher import payment, said a senior central bank official.The country's average monthly import payment, currently...

310 bottles of Phensidyl seized

2008-06-14 00:00:00

DINAJPUR, June 13 (UNB): Police recovered some 310 bottles of Phensidyl syrup and seized a truck in two separate drives in Ghoraghat Upazila early Thursday.Acting on a tip-off, police halted the maize-laden truck inKhetabmore area of the upazila on Dinajpur-Gobindaganj...

Excavation at Vasu Bihar, Bogra

2008-06-14 00:00:00

ACCORDING to a newspaper report, possibly the remains of a 1500-year-old university is there beneath the Vasu Bihar, in Bogra. The national archaeological excavation team believes that the site might have links with the Pala dynasty, during the reign of...

World's perception of US poised for a change

Syed Fattahul Alim | 2008-06-14 00:00:00

US Senator Barack Obama's rise as the most potential candidate in the November presidential polls of that country has drawn widespread attention from the rest of the world. The attention is due mainly to Obama's African-American background. Will America become...

Case of Pakistan's Asif to be heard June 22

2008-06-14 00:00:00

KARACHI, June 13 (AFP): A top Dubai legal officer will begin an inquiry in the Gulf state next week into the drug case against Pakistan paceman Mohammad Asif, an official said Friday.The attorney general of the emirate, where the 25-year-old...

Inflation management

2008-06-14 00:00:00

THE estimation of the official rate of inflation has been criticized by private think tanks and economists. In his budget speech, the Finance Adviser has stated that inflation has, lately, dipped below the double digits. Economists and researchers have, on...

Sustaining growth is the century's big challenge

Martin Wolf | 2008-06-14 00:00:00

Is it possible for the vast mass of humanity to enjoy the living standards of today's high-income countries? This is, arguably, the biggest question confronting humanity in the 21st century. It is today's version of the doubts expressed by Thomas...

Kamal demands white paper on graft

2008-06-14 00:00:00

Gono Forum President Dr Kamal Hossain Friday demanded publication of a white paper on corruption-suspects and mischief, reports UNB."We want a white paper on suspected corrupt. All the charge sheets submitted so far before the court must be made public...

UN chief giving EU bigger role in Kosovo

2008-06-14 00:00:00

UNITED NATIONS, June 13 (Agencies): The United Nations chief said he plans to give more authority to the European Union over police, courts and other official duties in Kosovo. Secretary-General Ban Ki-moon's decision, detailed in a report Thursday to the...

World's perception of US poised for a change

Syed Fattahul Alim | 2008-06-14 00:00:00

US Senator Barack Obama's rise as the most potential candidate in the November presidential polls of that country has drawn widespread attention from the rest of the world. The attention is due mainly to Obama's African-American background. Will America become...

Oil summit needs to get results, says US

2008-06-14 00:00:00

FT Reporters Carola Hoyos in Tripoli, George Parker and Javier Blas in London and Andrew England in Riyadh, FT Syndication ServiceThe US warned last Thursday that a hastily called weekend oil summit needed to produce concrete results as the world...

Some 25,000 arrested across country under special drive

2008-06-14 00:00:00

Some 25,000 people, including political activists, have been arrested across the country on charges of various criminal activities since the special drive was launched on May 29 aiming to create a peaceful atmosphere for the upcoming general election, reports UNB.The...

Call rate moves downward

Sarwar Zahan | 2008-06-14 00:00:00

The inter-bank call money rate closed lower last week, as injection of fresh cash substantially improved liquidity position of the market. The demand for cash appeared high, but flow of sufficient cash resulted in an easing of call rate due...

France's divisive emblem

Ben Hall | 2008-06-14 00:00:00

It is tough being a symbol, especially in a country where symbols are forensically analysed. Rachida Dati, France's justice minister, found that out early this month.President Nicolas Sarkozy's appointment of Ms Dati last year had been seen as a brilliant...

How to limit the damage from gaffes of star promoters

THE PROBLEM | 2008-06-14 00:00:00

Sharon Stone, the Hollywood actress and the face of one of Christian Dior's skincare lines, caused recently an outcry with remarks labelling China's earthquake as "karma" for recent Chinese actions in Tibet. Her words spread quickly online and the response...

SI arrested for taking bribe

2008-06-14 00:00:00

The Anti-corruption Commi-ssion (ACC) arrested Cantonment thana police sub-inspector (SI) Moinul Ahsan around midnight in Tejgaon industrial area, as he was caught red-handed while taking bribe money from an accused in a robbery case, said police, reports bdnews24.com.Tajgaon police sub-inspector...

news digest

Militants kill five | 2008-06-14 00:00:00

Pakistan tribesmenMIRANSHAH, (Pakistan), June 13: Taliban militants have shot dead five Pakistani tribesmen they suspected were spying for foreign forces in neighbouring Afghanistan, a local official said Friday. The victims were staying in a house in Dattakhel town in troubled...

One killed, 30 hurt in clash

2008-06-14 00:00:00

BRAHMANBARIA, June 13 (UNB): A man was killed and 30 others were injured in a fierce clash between two groups of people at Urkhulia village in Nabinagar Upazila Friday.The dead was identified as Safar Ali (35).Witnesses said the clash erupted...

Capital market could generate adequate fund for big projects

2008-06-14 00:00:00

CHITTAGONG, June 13 (BSS) - Experts at a seminar here today said the country could arrange adequate funds from ever expanding capital market for implementing big projects without borrowing money accepting unfavourable conditions from the donors.They opined that Bangladesh does...

Classy Croatia stun Germany in Euro '08

2008-06-14 00:00:00

KLAGENFURT, Austria (AFP) - Croatia bristled with imagination and inspiration as they dealt Germany a 2-1 Euro 2008 Group B defeat here Thursday in one of the biggest surprises of the tournament so far.The Croats were well worth their victory...

Japan to lift North Korea sanctions

2008-06-14 00:00:00

TOKYO, June 13 (Agencies): Japan decided to partially lift its sanctions against North Korea after the communist nation promised a new probe into its kidnappings of Japanese citizens in the 1970s and 80s, news reports said Friday. Kyodo News agency...

Production and not charity

2008-06-14 00:00:00

The economic principles are that helping production will make a society wealthier, richer and happier in the long run. Some amount of resources must be devoured on consumption. However, if greater resources are spent on sheer consumption than production, then...

Khaleda's release likely in a week

2008-06-14 00:00:00

The government may release the Bangladesh Nationalist Party (BNP) chairperson Begum Khaleda Zia in a week's time and send Koko abroad for treatment, reports UNB.However, there are some hesitations within the government circles about sending Tarique abroad.On its part, the...

Tourist guide: values and views

Mohammad Shahidul Islam | 2008-06-14 00:00:00

TOURISM is a quest for discovering unknown particulars of an exotic location in search of enjoyment. People set out from home for some relief from the hectic life. Tourism soothes jaded life in the present-day mechanical way of life. Tourism...

Largest steel co goes into operation today

Jasim Uddin Haroon | 2008-06-14 00:00:00

BSRM Steel Limited, the country's largest -- 375000-tonne capacity -- steel plant, will go into commercial operation today (Saturday).The new steel company, a subsidiary of BSRM Group, has been set up at Fouzdarhat in Chittagong at a cost of around...

Smoking, cynicism and sheer muddled thinking

John Kay | 2008-06-14 00:00:00

I had always thought that the argument "the government does not want us to stop smoking because it collects so much revenue in tax" was only the tittle-tattle of saloon bar conversation (at least until the UK government banned smoking...