After crushing Pakistan by 140 runs in the previous match, high-flying India face hosts Bangladesh in the last group match of the Kitply Cup at the Mirpur Sher-e-Bangla National Stadium (SBNS), reports UNB.The day/night match will commence at 3:00 pm.This...
The High Court (HC) issued Wednesday a rule asking the government to explain why the invitation of international tender for leasing out 28 offshore blocks for oil-and-gas exploration "should not be declared illegal", reports UNB.An HC division bench comprising Justice...
Our Correspondent | 2008-06-12 00:00:00
RAJSHAHI, June 11: Agents of various companies are purchasing a huge quantity of mangoes from various market places in Rajshahi and other adjoining districts leaving the prices of the summer fruit high this time.According to sources, agents of the companies...
India showed how the hectic pace of Twenty20 cricket could be replicated in ODIs, pounding 330 on a sluggish pitch before their bowlers rounded off a thumping win in their opening match of the tournament. Pakistan, coming off 12 successive...
WASHINGTON, June 11 (AP): The trade deficit soared to the highest level in more than a year as an improvement in exports was swamped by record-high levels of imported crude oil. The deficit with China also rose sharply.The gap between...
Siddique Islam | 2008-06-12 00:00:00
Pressure on the foreign exchange market has been continuing due to higher import costs of essentials and gasoline despite intervention by the central bank.The Bangladesh Bank (BB) has continued its intervention in the inter-bank foreign exchange market by selling US...
TOKYO, June 11 (AFP): The dollar was mixed against other major currencies in Asian trade Wednesday amid growing speculation that the US Federal Reserve may hike interest rates to fight inflation, dealers said.They said the market was looking ahead to...
Shakhawat Hossain | 2008-06-12 00:00:00
The revenue board has started probe into sharp rise in imports of reconditioned cars as the central bank expressed concern over the state of the country's balance of payment situation due to higher outflow of foreign exchange, said a senior...
Shahiduzzaman Khan | 2008-06-12 00:00:00
Before the national budget was announced, Finance Adviser Mirza Azizul Islam had a series of meetings with country's intelligentia, politicians, economists, business leaders and various other professional groups. All wanted that something must be done to save the country's hardcore...
A fixed number of rickshaws are allowed to ply within the Mahakhali DOHS. The rickshaw pullers in the area have their identity cards. They charge fares at fixed rates. They earn enough to support these families. The passengers and rickshawpullers...
ISLAMABAD, June 11(Reuters): Pakistan's fledgling government unveiled a budget for 2008/09 Wednesday showing a near 30 per cent rise in total outlay to 2,010 billion rupees.Naveed Qamar, the privatisation minister who became de facto finance minister after a coalition partner...
FE Report | 2008-06-12 00:00:00
The Bangladesh Bank (BB) plans to lift suspension of financing in the agriculture sector under the Equity Entrepreneurs Fund (EEF).Extension of EEF facility to the agriculture sector has remained suspended since August 9, 2005, due to allegations of irregularities in...
Our Correspondent | 2008-06-12 00:00:00
CHITTAGONG, June 11: The so-called counter-based bus services in Chittagong city just worsened the sufferings of passengers in absence of an adequate number of specific counters.Despite launching counter-based bus service, adequate passenger sheds have not been constructed leaving the passengers...
10 Pakistani soldiers killed | 2008-06-12 00:00:00
in missile strikeISLAMABAD, June 11: At least 10 Pakistani soldiers were killed and nine were wounded when a missile fired from Afghanistan hit their border post early Wednesday, security officials told AFP. The incident happened after fierce clashes between Pakistani...
Our Correspondent | 2008-06-12 00:00:00
NILPHAMARI, June 11: Anirban Match Factory has been declared laid off recently due to increase in the price of raw materials.According to sources, the match factory situated in the bypass roadside area of Nilphamari-Saidpur national highway was established by a...
The trial court adjourned Wednesday the hearing to frame charges in the MiG-29 fighter jets graft case against former Prime Minister Sheikh Hasina and others until June 19, reports BSS.Judge Golam Mortuza Majumder fixed the next date of hearing granting...
Francesco Guerrera in New York and Joanna Chung in WashingtonFT Syndication ServiceThe troubles of American International Group deepened last week after it emerged that the US insurer was being probed by regulators over its valuation of subprime-related derivatives.News of the...
FE Report | 2008-06-12 00:00:00
High officials of Orange Telecom and Alcatel-Lucent, Singapore called on Bangladesh Telecommunication Regulatory Commission (BTRC) Chairman at the latter's office in the city Tuesday.Chief Executive Officer (CEO) of Orange Telecom Sanjib Ahuja expressed his desire to invest in the WiMAX...
TOKYO, June 11 (AFP): Japan's opposition Wednesday introduced a censure motion in parliament against Prime Minister Yasuo Fukuda in what is set to be a major embarrassment for the unpopular leader. The motion was submitted before the upper house, which...
David Villa scored the first hat-trick of Euro 2008 as Spain lived up to their pre-tournament billing with a fine victory over Russia in Group D, reports BBC.Russia started positively but were hit on the counter-attack, with Fernando Torres squaring...
Tito Boeri | 2008-06-12 00:00:00
The new Italian cabinet, Silvio Berlusconi's fourth government, is both strong and weak. It is strong because the government has solid majorities in the House and Senate, and the supporting coalition is less fragmented than in previous Berlusconi cabinets. It...
TOKYO, June 11 (AFP): Finance ministers from the Group of Eight (G8) rich nations will this weekend discuss ways to limit the economic damage of soaring oil prices that have eclipsed the credit crisis as their biggest worry.But experts said...
Former state minister Abdus Salam Pintu of BNP and 27 others were accused of the August 21, 2004 grenade attack on an Awami League rally in Dhaka city, in a chargesheet submitted by the police to the Metropolitan Magistrate's Court...
FE Report | 2008-06-12 00:00:00
Bangladesh Telecommunication Regulatory Commission (BTRC) Chairman Manzurul Alam congratulated Warid Telecom for acquiring three million subscribers within one year of commercial operation.The chief of country's telecom watchdog also praised the mobile phone operator for its overall achievement and expressed hope...
President Iajuddin Ahmed and Chief Adviser Fakhruddin Ahmed have greeted President of the Philippines Gloria Macapagal-Arroyo on the occasion of Independence Day of his country that falls Thursday, reports UNB.In a message to Macapagal-Arroyo, President Iajuddin said Bangladesh and the...
Tom Burgis | 2008-06-12 00:00:00
South Africa is set to throw open its borders to its poorer neighbours under plans to introduce visa-free travel across southern Africa in time for the football World Cup in 2010.The move would see nationals from the 14 members of...
A Dhaka court granted Wednesday permanent bail to former army chief Mustafizur Rahman in the MiG-29 graft case, reports bdnews24.com.Judge Golam Mortuza Mojumdar of Dhaka Divisional Special Judge's Court, set up on the Songsod Bhobon premises, also deferred the charge-framing...
SINGAPORE, June 11 (AFP): Oil prices rose above 132 dollars in Asia Wednesday as the world's biggest producers and consumers prepared to meet to discuss record crude costs that are stoking fears for the global economy.New York's main oil futures...
TEHRAN, June 11 (Reuters): Western pressure has failed to stop Iran's nuclear program from advancing, its president said on Wednesday, a day after the United States and the European Union warned of more sanctions against the Islamic Republic.President Mahmoud Ahmadinejad...
FE Report | 2008-06-12 00:00:00
Summer time and the living are easy with Emirates' super value-for-money Dubai Summer Surprises (DSS) packages starting from as little as $62.The packages must be booked for a minimum of three nights and offer customers a choice of 24 city...
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