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Rahimafrooz awards 200 students on Environ Day

2008-06-06 00:00:00

Rahimafrooz, through its social development wing RSF (Rural Services Foundation), organised "Poribesh Utshob 2008" recently, said a press release.The programme included a quiz competition (on topics like climate change, renewable energy and 3R) among students from Khulna, Shatkhira and Bagerhat...

Budget on Monday

2008-06-06 00:00:00

Finance Adviser Dr Mirza Azizul Islam Thursday said the extent of subsidy would be 15-16 per cent of the total budget of around Tk 995 billion (99,500 crore) for the next fiscal year, reports UNB.'The subsidy is increasing not only...

Al-Qaeda claims Danish embassy blast in Islamabad

2008-06-06 00:00:00

ISLAMABAD, June 05 (AP): Denmark shared with Pakistani investigators video footage of the suicide car bombing against its embassy Thursday, while an Internet posting purportedly by al-Qaeda claimed responsibility and threatened more attacks.The statement, signed by an al-Qaeda commander in...

Shenzhen market still struggling to find role

Andrew Wood | 2008-06-06 00:00:00

FT Syndication ServiceSHENZHEN: One country. Two systems. Three stock markets. Hong Kong and Shanghai dominate the market headlines about share trading in China but there is a third, much smaller, exchange in the country - Shenzhen.In spite of pioneering share...

Commerce Adviser off to China

2008-06-06 00:00:00

An eight-member Bangla-desh delegation left for Beijing Thursday to discuss business issues with the Chinese authorities, including duty-free access of more Bangladeshi products to the Chinese market, reports UNB.Commerce and Education Adviser Hossain Zillur Rahman is leading the team that...

AL rejects BNP offer outright to launch united movement

2008-06-06 00:00:00

Awami League spurned pointblank the BNP offer for united movement to overcome the 'grave crisis' facing the country, reports UNB."There is no possibility of launching united or simultaneous movement with BNP," Awami League acting general secretary Syed Ashraful Islam told...

China's trade surplus to shrink for first time in five years

2008-06-06 00:00:00

BEIJING, June 5 (AFP): China's trade surplus is likely to shrink in 2008 for the first time in five years, with a rising local currency and the US economy's slowdown two of the prime reasons, the government said today."We forecast...

Politics lead the way

Karin Alfredsson | 2008-06-06 00:00:00

"We have had over ten years' experience with a nearly gender-equal government and Parliament," says a very pleased Gertrud

Liquidity to keep markets from drying up

David Clark | 2008-06-06 00:00:00

The current financial crisis has revolved around the drying up of markets that had been built on the presumption of ample liquidity.Massive leveraged positions were built up in instruments that, in spite of their triple A credit ratings, suffered from...

Hillary ending candidacy, supporting Obama

2008-06-06 00:00:00

WASHINGTON, June 05 (AP): Her path to the nomination inevitable no more, Hillary Rodham Clinton plans to announce she is ending her groundbreaking candidacy and supporting Barack Obama, her rival in a presidential quest for the ages.Clinton prepared to declare...

DBBL emphasises low-cost deposits, retail business

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

Dutch-Bangla Bank Ltd (DBBL) Managing Director Yeasin Ali advised branch managers to lay emphasis on low-cost deposits and increase retail business.He was presiding over the managers' meeting at the bank's training centre in the city Wednesday.DBBL branch managers from Dhaka,...

Tokyo vows diplomacy to win Olympics

2008-06-06 00:00:00

TOKYO, June 5 (AFP): Japanese leaders on Thursday vowed a diplomatic drive to win the 2016 Olympic Games after the capital was chosen as one of four candidate cities."We now stand just at the foot of the mountain to climb,"...

Usha meet Abahani in title deciding match today

2008-06-06 00:00:00

League leaders Usha KC meet Abahani Limited in the title deciding match of the Green Delta Insurance Premier Division Hockey League today Friday at 4 pm at the Maulana Bhasani National Hockey Stadium, reports UNB.Usha KC dominate the league table...

U.S. economy grows out of competing interests

Howard Cincotta | 2008-06-06 00:00:00

Although Jamestown, Virginia, is celebrated as the first permanent English settlement in America, it was also the name of a company seeking profits from gold and other New World riches. As an investment, however, Jamestown in 1607 was a disaster....

Reform, joint forces

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

CHITTAGONG, June 05: Chittagong Customs House (CCH) has realised a huge amount of revenue of around Taka 105 billion during last six months due to strong supervision and monitoring of the joint forces and the reform works. This amount was...

Pak high-flying market returns to earth

2008-06-06 00:00:00

ISLAMABAD, June 5 (AP): Pakistan's high-flying stock market has returned to earth with a bump as worries about the nation's stability spook investors who had looked past the specter of terrorism for the chance of juicy returns.The stratospheric performance of...

Dhaka Bank to sponsor National Hockey for Singapore tour

2008-06-06 00:00:00

Dhaka Bank has come forward to sponsor national hockey team for its Singapore tour to take part in the 3rd Men's AHF Cup Hockey Championship to be held in the Island City on June 14-22, reports UNB.Bangladesh team is expected...

Turkish court set to rule on headscarf law

2008-06-06 00:00:00

ANKARA, June 5 (AFP): Turkey's top court was set Thursday to rule on a law allowing women to wear Islamic headscarves in universities, in a case with possible repercussions for the survival of the country's ruling party.The main opposition party...

Bringing new issues to be made mandatory for merchant banks

Kayes M Sohel | 2008-06-06 00:00:00

SEC chairman Faruq Ahmad Siddiqi Thursday said an amendment will be brought to merchant bank rules making it mandatory for the merchant bankers to bring new issues in the market."If they fail to bring new issues they will face cancellation...

Malaysia giving further boost to its medical tourism

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

The number of visitors seeking healthcare services in Malaysia is on the rise over the years. To give a further boost to its medical tourism, the Malaysian government is attracting more foreigners in the country by providing world-class treatment facilities.As...

Bangladesh play Afghanistan in 2nd match today

2008-06-06 00:00:00

Bangladesh take on emerging force Afghanistan in their 2nd Group B match of the 5th SAFF Championship at the Sugathadasa Stadium in Colombo today (Friday), reports UNB.The match kicks off at 5:30 pm (BST).In the day's other Group B match,...

Ex-secy Ismail Zabiullah jailed for 13 yrs

2008-06-06 00:00:00

A special court Thursday sentenced ex-secretary Ismail Zabiullah to 13 years' rigorous imprisonment for amassing wealth illegally and hiding information about his assets.His wife Ayesha Zabiullah was also awarded three years' simple imprisonment for aiding her husband in protecting the...

Protecting contestability by checking monopolies

Pradeep S Mehta | 2008-06-06 00:00:00

CONTESTABILITY of markets is the adrenaline of all economies. While countries liberalise their economies, an extremely vital concomitant reform is the enactment and implementation of competition laws, so that consumers get the benefits of liberalisation. In 1995, when only about...

sports digest

2008-06-06 00:00:00

Army Chief congratulates chess talent RajibChairman of the National Sports Council (NSC) and Army Chief Moeen U Ahmed and the officers and staff of NSC have congratulated chess talent Enamul Hossain Rajib for getting approval from World Chess Federation FIDE...

Poll schedules for city corporations, nine municipalities likely by June 15

2008-06-06 00:00:00

The Election Commission is likely to start on June 12 the process of hearing on piled-up objections against the draft delimitation of parliamentary constituencies, reports UNB.Election Commissioner M Sakhawat Hussain Thursday said more than 50 per cent out of some...

Seasonal fruits to create employment to one million people

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

RAJSHAHI, June 5: A bumper production of mangoes, lychees, jack fruits and other delicious fruits in greater Rajshahi districts has created seasonal employment to at least one million (ten lakh) people in the areas.For the next two months, these people...

Dialogue aims at reaching nat

2008-06-05 00:00:00

Chief Adviser Fakhruddin Ahmed said Wednesday though being held bilaterally the main objective of the dialogue is to reach a national consensus on some important issues, reports BSS.Quoting the Chief Adviser's assertion, Commerce Adviser Hossain Zillur Rahman said this at...

BGMEA for stern actions against 'terrorists' destroying RMG sector

FE Report | 2008-06-05 00:00:00

Garment manufacturers Wednesday called upon the government to take stern actions against what they said "terrorists", who are out to destroy the country's flagship export sector."A section of miscreants in the name of workers are responsible for persistent attacks in...

Govt looks to public-private ties for better water-body management

2008-06-05 00:00:00

The government has decided to form coordination committees in districts to build public-private partnership for better management of water bodies, reports bdnews24.com.The district committees will make an inventory of the water bodies, owned by the government, in one month.The decision...

Single-country Bangladesh trade fair in Riyadh from today

FE Report | 2008-06-05 00:00:00

Bangladesh Business Community (BBC) in Riyadh will hold a single country trade fair from today (June 5) to June 9 in Riyadh Palace Hotel in Riyadh, Kingdom of Saudi Arabia.Riyadh Chamber of Commerce and Industry board of directors Chairman and...