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India-Dubai trade touched $19b in 2007

2008-06-05 00:00:00

DUBAI, June 4 (PTI): Non-oil trade between India and Dubai hit a record USD 19 billion in 2007, a 74 per cent increase over the previous year's figure of USD 10.9 billion.Indian Consul General Venu Rajamony told reporters here Monday...

UN increases food aid by $1.2b

2008-06-05 00:00:00

The UN is to provide an additional $1.2bn (

McCain, Obama plunge into 5-month general election

2008-06-05 00:00:00

WASHINGTON, June 4 (Agencies): Change is coming, that much Sens. John McCain and Barack Obama agree on as they plunge into a five-month campaign for the White House. The primaries behind them, the presidential rivals were wasting no time drawing...

Nepal grants summer palace home for deposed king

2008-06-05 00:00:00

KATMANDU, June 4 (AFP): Nepal's government said Wednesday it will allow the deposed king to live in a summer palace northwest of the capital after the Himalayan nation abolished the centuries-old monarchy last week. The Cabinet decided to allow former...

America needs the United Nations

Mark Mazower | 2008-06-05 00:00:00

IN the run-up to a presidential election, US intellectuals compete hard to shape the foreign policy agenda. The race for the White House is a terrific incentive to find a new doctrine for a new administration. This time there is...

East and west must resist the siren call of protectionism

John Plender | 2008-06-05 00:00:00

SINCE mid-March equity markets have been driven by cheery folk who can see their way through the murk of today's financial trauma to the sunlit uplands beyond. One of the more powerful props to their optimism is a belief that...

High food prices not originating from emerging economies:India

2008-06-05 00:00:00

ROME, June 4 (PTI): India Wednesday said there is no evidence to suggest that higher global food rates are originating from emerging economies and pointed out that additional demand for commodities such as maize for production of bio-fuels had had...

sports digest

2008-06-05 00:00:00

Kapil's Devils to mark 25-yr of WC winNEW DELHI, June 4: India's only World Cup winning cricket team will gather in London later this month to celebrate the 25th year of arguably the country's greatest sporting triumph. It was on...

WTTC, CSI stage world-class tourism summit in Dubai

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

The World Travel and Tourism Council (WTTC) concluded Global Travel and Tourism Summit in Dubai recently aided by official summit coordinator Congress Solutions International (CSI).The summit was held under the patronage of Sheikh Mohammed bin Rashid Al-Maktoum, prime minister and...

World Environment Day today

2008-06-05 00:00:00

The World Environment Day will be observed in the country today (Thursday) as in other parts of the world amid growing concern over climate change, reports BSS.The day is very significant for Bangladesh due to its vulnerability to natural disasters...

Warne rules out Test comeback

2008-06-05 00:00:00

SYDNEY, June 4 (AFP): Australian spin legend Shane Warne said Wednesday he was "happily retired from Test cricket and had no intention of staging a dramatic comeback.Warne was responding to speculation that he would be tempted back into bamboozling the...

Needed more public universities

Enamul Haque | 2008-06-05 00:00:00

A total of 13 public universities in the country are proving absolutely inadequate to cater to the growing student population. In sharp contrast, one is reminded that the number of private universities has swelled to 52. Traditionally, the public universities...

Bernanke warns weak dollar may fuel inflation

2008-06-05 00:00:00

WASHINGTON, June 4 (AFP): Federal Reserve chairman Ben Bernanke, in unusually sharp comments on foreign exchange, said yesterday the central bank is "attentive" to the sagging dollar because of its potential impact on inflation.Bernanke, speaking via satellite to a monetary...

BB issues showcause notice on One Bank chairman

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

The central bank Wednesday issued a showcause notice on the chairman of the One Bank Limited, Sayeed Hossain Chowdhury, for allegedly holding shares in fictitious names.It also asked the managing director of the bank for taking necessary measure to suspend...

commodities digest

2008-06-05 00:00:00

Less than 3.0pc of global armsbill can wipe off food crisisROME, June 4: More than 850 million hungry people around the globe can enjoy a better life if the world sets aside less than 3 per cent of what it...

Property rights for poor can help cut global poverty

2008-06-05 00:00:00

UNITED NATIONS, June 4 (AFP): Granting property rights to the poor could help roll back global poverty, a report by an independent commission said here yesterday.The study by the Commission on Legal Empowerment of the Poor stressed that giving farmers...

Lack of preservation centres causing seed crisis

Our Correspondent | 2008-06-05 00:00:00

BRAHMANBARIA, June 4: Brahmanbaria, Comilla and Chandpur districts are facing acute seed crisis every season for lack of adequate seed preservation centres.Farmers have alleged that the seed crisis has been prevailing in three districts as they cannot store seed for...

FBCCI team off to China to attend business meet

2008-06-05 00:00:00

A 32-member business delegation of Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) left Wednesday for Kunming, China to attend the three-day 3rd China-South Asia Business Forum, reports UNB.The Forum, which has the support of business leaders of regional...

New chairman, vice-chairmen of Bank Asia

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

Anisur Rahman Sinha has been elected chairman, and M Shamsul Alam and Anwarul Amin have been elected vice-chairmen of Bank Asia Limited at the board of directors' meeting of the bank recently.Sinha is an eminent industrialist of the country. He...

Low carbon, safer world

2008-06-05 00:00:00

Mohammed Abdul Baten from StockholmIN recent years, a significant move towards environmental concern has been observed across the world. Now-a-days, every country from developing to developed one is thinking about impacts of climate change. Unfortunately, most of our efforts have...

Needed, diversity in manpower export

Shahiduzzaman Khan | 2008-06-05 00:00:00

Manpower export to overseas destinations has suffered a setback after Bahrain partially closed its doors for the Bangladeshi job seekers. The incident occurred when a Bangladeshi cook murdered a Bahraini national over a trifling issue. The cook now faces firing...

US tightens entry rules for travellers from Europe, Japan

2008-06-05 00:00:00

WASHINGTON, June 4 (AFP): Travellers from Japan and Western Europe will face tighter restrictions on coming to the United States beginning in January, according to new rules unveiled Tuesday by the US government.Tourists and business travellers from the 27 countries...

Future dev projects to be run by regular staff

Syed Ishtiaque Reza | 2008-06-05 00:00:00

The government has decided to run future development projects with regular staff under the revenue budget to cut back on non-development expenditure.The move will stop appointment of new manpower for the development projects.In a circular issued recently, the Ministry of...

President, CA greet Danish counterparts

2008-06-05 00:00:00

President, CA greet Danish counterpartsPresident Iajuddin Ahmed and Chief Adviser Fakhruddin Ahmed have greeted their Danish counterparts on the occasion of their Constitution Day that falls today (Thursday), reports UNB.In a message to Queen Margrethe II, Dr Iajuddin said Bangladesh...

Whither the roadmap for the power sector?

Enayet Rasul | 2008-06-05 00:00:00

IT came as very reassuring as well as very heartening amid all the gloom in the power sector when last year the government declared a roadmap of task lists for the power sector. It was a year by year plan...

G7 to tackle soaring oil, food prices next week

2008-06-05 00:00:00

TOKYO, June 4 (AFP): Finance chiefs from the Group of Seven rich nations will discuss ways to try to rein in soaring oil and food prices when they meet next week, Japan's finance minister said today.But with growing demand, supply...

Dollar gains against yen

2008-06-05 00:00:00

TOKYO, June 4 (AFP): The dollar extended its gains against the yen in Asian trade today after Federal Reserve chairman Ben Bernanke said a weaker greenback was adding to US inflation pressures, dealers said.They said the market had taken the...

Disgraced Pakistan atomic scientist AQ Khan recants

2008-06-05 00:00:00

WASHINGTON, June 4 (AFP): Disgraced Pakistani nuclear scientist Abdul Qadeer Khan told US media Tuesday that he was not responsible for passing nuclear secrets to Iran and Libya, backpedaling from his earlier admissions.In an interview with the McClatchy news organisation...

BSD for national consensus based on 1971 spirit

2008-06-05 00:00:00

Bangladesher Samajtantrik Dal (BSD) at a dialogue with the caretaker government (CG) Wednesday proposed forging a national consensus based on the fundamental spirit of the 1971 Liberation War and public demands raised during the 1990 mass upsurge against autocracy for...

Freedom of press: for whom?

2008-06-05 00:00:00

Tayeb Husain from Lund, SwedenWHILE sipping my morning cup of coffee and having a look on my regional newspaper (SYSSVENSKAN or SDS in short, published from Malm