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9 robbers killed in shooting, mass-beating in Natore

2008-06-13 00:00:00

Nine suspected robbers were killed in mayhem of mass-beating and gunfight between a gang of robbers and law-enforcers at Bara Adimpur village in Singra under Natore early Thursday, reports UNB.Police said local people hemmed in a gang of dacoits numbering...

Dhaka to prepare products list for marketing abroad

FE Report | 2008-06-13 00:00:00

Dhaka will prepare a list of products for marketing abroad under zero tariff facility as per WTO Hong Kong Declaration in 2005, said an adviser Thursday."The list will be prepared within the next month," said commerce adviser Hossain Zillur after...

commodities digest

2008-06-13 00:00:00

China opposes US ruling on steel pipe dumping dutiesBEIJING, June 12: The Ministry of Commerce (MOC) said Wednesday that it was strongly dissatisfied with and firmly opposed to a recent final US ruling on the anti-dumping and anti-subsidy probe into...

Saudi oil-price meet to be at head-of-state level: OPEC chief

2008-06-13 00:00:00

LONDON, June 12 (AFP): A meeting due June 22 in Saudi Arabia for the world's biggest oil producers and consumers to discuss record-high crude prices will be at head-of-state level, OPEC chief Abdullah al-Badri said Wednesday."The meeting in Jeddah will...

Rangs launches 'Bangla Karaoke' products

FE Report | 2008-06-13 00:00:00

Rangs Electronics Limited, known as 'SONY RANGS', introduced its latest Pexatech Magic Sing Bangla Karaoke products in their product line up.Two models of Magic Sing Karaoke with 250 built-in Bangla songs will be available at 20 outlets in Dhaka and...

Nazmul Huda gets another 12 years RI, Sigma cleared

2008-06-13 00:00:00

A Dhaka court Thursday sentenced former BNP communications minister Nazmul Huda to 12 years rigorous imprisonment (RI) on charges of extorting a vehicle by threatening a Bogra MP, reports bdnews24.com.The court acquitted Huda's wife Sigma, co-accused in the case.Additional Metropolitan...

Obituaries of the Clinton almost-dynasty are premature

Edward Luce | 2008-06-13 00:00:00

WHEN Bill Clinton told Hillary about his dalliance with Monica Lewinsky, the First Lady banished him to one of the White House couches for several nights. "I spent the first couple of days alternating between begging her for forgiveness and...

city events

Olympian Sabrina | 2008-06-13 00:00:00

earns second goldOlympian shooter Sabrina Sultana of Dhaka Rifles Club earned her second gold medal in the 22nd National Shooting Championship clinching the top slot of the Women's 10 metre Air Rifles on the 3rd-day of the five-day meet at...

Budget 2008-09: A re-statement of what is given

Syed Fattahul Alim | 2008-06-13 00:00:00

Preparing the budget and placing it before the nation is a regular annual exercise by any government in office.Despite the fact that the incumbent government is not an elected one, it has still to prepare one to let the nation...

Readjustment of duty structure to cause Tk 9.55b revenue loss

Doulot Akter Mala | 2008-06-13 00:00:00

The National Board of Revenue (NBR) will lose revenue worth Tk 9.55 billion in fiscal 2008-09 for considerable readjustment of the duty structure in the proposed budget.The government has proposed four-tier duty structure in the upcoming fiscal budget lowering duty...

Nepal's 'god-king' wakes up to life as commoner

2008-06-13 00:00:00

KATHMANDU, June 12 (AFP): Nepal's former king Gyanendra Thursday began life as a commoner after leaving his sprawling palace home and army of servants for the last time.He will have to adjust to living in a former hunting lodge on...

Work on 2nd phase of Teesta project hits snag

Our Correspondent | 2008-06-13 00:00:00

NILPHAMARI, June 12: Work on the second phase of Teesta irrigation project has been abandoned due to fund constraints and non-availability of foreign donors.The work of second phase started in 2006 with an estimated expenditure of Tk 1.66 billion to...

DCCI seeks penalty-free facilities for legalising undisclosed money

FE Report | 2008-06-13 00:00:00

The Dhaka Chamber of Commerce and Industry (DCCI) Thursday demanded penalty-free and unconditional facilities for legalising undisclosed money in the next fiscal year."In addition to the proposed provision for disclosing undeclared money in the new budget, we seek unconditional and...

Bush says diplomacy is first choice in Iran standoff

2008-06-12 00:00:00

MESEBERG, June 11 (Agencies): President Bush said Wednesday that his first choice is to solve a nuclear standoff with Iran by using diplomacy, but "all options are on the table." The president reinforced the possibility of military strike against Iran,...

Bangladesh a growing, vibrant mkt for int'l trade: Michael Heavener

FE Report | 2008-06-12 00:00:00

Wachovia Corporation has recently opened a new representative banking office in Dhaka for providing services to its bank customers in the region.Wachovia is a leading U.S. financial services company (the fourth largest bank in the U.S. based on total assets)...

Foreign policy should be based on nat'l consensus, says Iftekhar

2008-06-12 00:00:00

The Foreign policy of Bangladesh should be based on national consensus on what is the perceived national interest of the country, Foreign Adviser Iftekhar Ahmed Chowdhury said Wednesday, reports UNB.Addressing mid-level officials of different ministries at a seminar at the...

Couple commits suicide in Jamalpur

2008-06-12 00:00:00

JAMALPUR, June 11(UNB): A young couple here allegedly committed suicide by taking poison at Hatibandha village in Sadar Upazila Monday night.The deceased are Shahid (25), son of Amjad of Mymensingh district and his wife Poppy (22), daughter of Saudi expatriate...

UNDP to provide $6.586m for translucent ballot boxes project

2008-06-12 00:00:00

The Government of Bangladesh (GoB) and the United Nations Development Programme (UNDP) signed Wednesday in the city an agreement of $ 6.586 million to implement the project "Translucent Ballot Boxes", reports BSS.The Canadian International Development Agency (CIDA) will provide this...

Turning urban hard wastes into assets

Shamim Ara Begum | 2008-06-12 00:00:00

THE sound of Manik Miah's whistle is heard everyday at noon in sector five of Uttara, Dhaka. Manik and his two assistants collect rubbish from houses of the area. He says there is something special in their garbage collection.The people...

Japan's economy surges ahead in first quarter

2008-06-12 00:00:00

TOKYO, June 11 (AFP): Japan said today its economy powered ahead at a 4.0-per cent annualised pace in the first quarter of 2008, but analysts warned tougher times lie ahead due to high oil prices and slowing US growth.It was...

Sonali Bank holds branch managers' conference

FE Report | 2008-06-12 00:00:00

The branch managers' conference of Dhaka district and Dhaka metropolitan area of Sonali Bank Limited was held at the IFST conference room in the city recently.Sonali Bank Limited Chief Executive Officer (CEO) and Managing Director SA Chowdhury was present as...

Alliance Fran

FE Report | 2008-06-12 00:00:00

The Alliance Fran

To intervene or not, that is the question

Jorge Heine | 2008-06-12 00:00:00

GENERAL Tan Shwe (Tan who?) is not exactly a household word. But Myanmar's strongman and top military honcho, by now 16 years in power, made a strong claim for the "Dictator of the Year" Award in 2008 for the manner...

Ha-Meem Group wins JCPenney int'l award

FE Report | 2008-06-12 00:00:00

Ha-Meem Group won the JCPenney International Award in 'Technical Design' among all international suppliers of the JCPenney at a hotel in Hong Kong recently.JCPenney Purchasing Corporation chairman and chief executive officer (CEO) Mike Ullman handed over the award to Ha-Meem...

Shahjalal Bank to buy Tk 118.91m ICB Islamic Bank shares

FE Report | 2008-06-12 00:00:00

Shahjalal Islami Bank Limited will acquire a total of 1,18,916 shares worth Tk 118.91 million (face value Tk 1000) of ICB Islamic Bank (formerly Oriental Bank Ltd).According to a price sensitive information posted on the Dhaka Stock Exchange (DSE) website...

sports digest

2008-06-12 00:00:00

Beckham leads MLS All-Star fan ballotingNEW YORK, June 11: Major League Soccer fans' love affair with English import David Beckham shows no sign of fading. The Los Angeles Galaxy superstar midfielder is the overwhelming leader in fan voting for the...

World Bank sees inflation threat to poor nations

2008-06-12 00:00:00

Chris Bryant, FT Syndication ServiceWASHINGTON: Developing economies have proved resilient to credit market turmoil, but soaring food and energy prices pose a significant threat, says a World Bank study.In its annual report on global development finance, the bank trimmed its...

CEC hands over report on political dialogue to President

2008-06-12 00:00:00

A delegation of the Election Commission (EC) led by Chief Election Commissioner (CEC) ATM Shamsul Huda handed over Wednesday a report on the recently-held dialogue between the EC and the political parties to President Iajuddin Ahmed at Bangabhaban, reports UNB.Election...

33 killed in Sudanese airliner blaze

2008-06-12 00:00:00

KHARTOUM, June 11 (Reuters): A Sudanese airliner coming from Amman and Damascus burst into flames after landing in Khartoum on Tuesday night, killing at least 33 of the 217 people on board, officials and witnesses said on Wednesday Doctors and...

BRAC won't interfere into admn affairs of pry schools

FE Report | 2008-06-12 00:00:00

BRAC will not interfere into administrative affairs of primary schools while discharging duties to upgrade the quality of education through its non-formal primary education programme (NFPE), BRAC founder and chairperson Dr Fazle Hasan Abed said."We want to assure everybody that...