A special court Sunday fixed June 5 for order on bail prayer filed by former Prime Minister and Awami League president Sheikh Hasina in connection with the Niko scam case, reports UNB.After extensive legal arguments submitted by both the defence...
OPEC chief insists speculation | 2008-06-02 00:00:00
behind price risesALGIERS, June 1: OPEC president Chakib Khelil again blamed speculators for the steep rise in oil prices Saturday, insisting that supply was not a problem. "There is no problem of supply, the problem is much more linked to...
Amirul Islam | 2008-06-02 00:00:00
The government-owned Bangladesh Railway (BR), whose origin can be traced back to the British period in this region, is presently a neglected mode of transportation. But it could retain its previous position as the more sought after means of transporting...
Bad news is reaching us from abroad about our workers there. When the papers were writing about harassment of Bangladeshis in Saudi Arabia, the real blow came from Bahrain, which imposed a ban on any further recruitment of workers from...
Our Correspondent | 2008-06-02 00:00:00
NILPHAMARI, June 01: Messrs Oasis Transformation Co. Ltd. will invest Tk 40 million (4.0 crore) in the Uttara Export Processing Zone (EPZ) in Nilphamari district.Sources said the British company will set up an agro-processing plant to use agro-products of the...
Bodybuilding training | 2008-06-02 00:00:00
camp beginsA month-long bodybuilding training camp, organised by Bangladesh Bodybuilding Federation (BBF), began at the NSC gymnasium in the city Sunday. National Sports Council (NSC) director M Haiyul Qayyum inaugurated the training camp in the morning. BBF Vice President and...
FE Report | 2008-06-02 00:00:00
The cell phone owners who have failed to get their numbers re-registered within the extended deadline (May 31) will not get any more chance to do so."The drive continued for nine months. The numbers which were not re-registered will be...
SINGAPORE, June 1 (Reuters): The Beijing Olympic Games will face bigger security challenges compared with previous games because of the threat of a terrorist attack, a top Chinese military official said Sunday.Ma Xiaotian, deputy chief of general staff of the...
Naim-Ul-Karim | 2008-06-02 00:00:00
The country's largest mobile operator Grameenphone, the Bangladesh subsidiary of Norwegian Telenor, has assigned the global telecommunications network solutions giant Huawei to develop its infrastructure at a cost of $600 million, a senior official said Sunday.In this connection, the official...
In most of the developing and least developed economies business is yet to overcome the many hurdles placed by bureaucracy and clientelism. As a result, it is not the business proper, but the organised groups of rent or commission-seekers at...
Former Prime Minister Khaleda Zia Sunday demanded general election in October and lifting of the state of emergency within the current month to create congenial atmosphere for the polls, reports UNB.In her first appearance in a special court after nine...
ROME, June 1 (AFP): World leaders are set to gather in Rome Tuesday for a high-profile summit on food security as runaway prices have sparked riots across the world.UN Secretary General Ban Ki-moon will open the conference by unveiling an...
Pak advances clock by one hour to save energyISLAMABAD, June 1 (AFP): Pakistan will advance the official clock by one hour at the stroke of midnight Saturday to use more daylight time in a bid to conserve energy, the interior...
A five-day training course organised by the MIDAS (Micro Industries Development Assistance And Services) on "Start your own business" will begin at its head office in the city on June 8.The course will be held between 2pm and 6pm everyday,...
S M Jahangir | 2008-06-02 00:00:00
The government has gone tough on settlement of reinsurance claims involving nearly Tk 4.45 billion (445 crore) that the state-owned Sadharan Bima Corporation (SBC) is liable to pay to other private insurers.The Ministry of Commerce has set a September 30...
Communication Adviser Maj Gen (retd) Ghulam Quader Sunday said that the government was trying its utmost to persuade the political parties including the Awami League (AL) and the BNP to join the dialogue ahead of the parliamentary elections, reports UNB.
In an objection galore against delimitation of parliamentary constituencies, the Election Commission's complaint box is full with 3,000 objections on 51 out of the 64 redesigned seats, reports UNB.However, the EC is yet to set the principles on which they...
FE Report | 2008-06-02 00:00:00
The government borrowed Tk 9.00 billion (900 crore) Sunday through auctions of treasury bills. It will result in withdrawal of Tk 9.00 billion from the market in the week.The central bank conducted auctions of 28-day, 91-day and 364-day bills on...
LONDON, June 1 (AFP): England selectors Sunday named an unchanged 12-man squad for the final Test against New Zealand at Trent Bridge starting on Thursday.Michael Vaughan's team have a 1-0 lead in the series after winning the second Test at...
Jasim Uddin Haroon | 2008-06-02 00:00:00
The wholesale prices of wheat have been falling sharply in the markets over the past one week due to fall in the prices of the same in the international markets. However, there has been no impact of the decline in...
KATHMANDU, (Nepal), June 1 (UPI): U.S. diplomats have made a major policy shift in how they will deal with Maoists who are set to head Nepal's next government.The former rebels-who recently emerged as the leading vote-getters in the Constituent Assembly-were...
The Election Commission (EC) won't make any comment on ex-premier and BNP Chairperson Khaleda Zia's demand for national elections in October which came at a time when the interim administration contemplates holding local polls ahead of the general election, reports...
A consultation on finalising the second PRSP Sunday recommended adopting an interim PRSP due to the absence of a political government in the country, reports UNB."Let the next political government adopt the full-fledged PRSP as the general election is due...
FE Report | 2008-06-02 00:00:00
The benchmark DSE General Index Sunday crossed the 3200-mark for the first time amid a buying support.The turnover, however, declined significantly.The DSE General Index (DGEN) gained 39.90 points to close at 3207.89 from the previous high of 3167.99 reached Thursday...
President Iajuddin Ahmed and Chief Adviser Fakhruddin Ahmed have greeted their Italian counterparts on the occasion of their national day that falls Monday, reports UNB.In a message to Italian President Georgio Nepolitano, Dr Iajuddin said, "I take this opportunity to...
An extraordinary security measure around the parliament building complex Sunday put the HSC examinees into difficulty as the roads were closed to traffic from 8:00 am to 12:00 noon, reports UNB.The security measures were taken as two ex-Prime Ministers-Sheikh Hasina...
Our Correspondent | 2008-06-02 00:00:00
CHITTAGONG, June 01: Overall construction work including annual development projects (ADP) of the government are being hampered seriously due to high price of steel products and other construction materials.While talking to the FE, Managing Director of Bangladesh Steel Re-Rolling Mills...
Siddique Islam | 2008-06-02 00:00:00
The central bank has asked the commercial banks to make timely payment of export bills to help local exporters strengthen their business activities, officials said.The central bank took the move against the backdrop of financial crisis faced by local exporters...
HONG KONG, June 1 (AFP): Key Asian currencies ended the week mainly down against the US dollar as sentiment over the US economy brightened, but the Australian dollar remained near record highs.Japanese Yen: The yen fell back against the dollar...
Pan Kwan Yuk | 2008-06-02 00:00:00
FT Syndication ServiceLONDON: Interest among Indian companies to list on London's Alternative Investment Market (Aim) has continued apace in spite of market turbulence, with KVK Energy the latest arrival from the subcontinent.The company, which is developing coal-fired and hydroelectric power...
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