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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

Nat'l Hockey team is expected to leave for Singapore June 12

2008-06-05 00:00:00

Bangladesh national hockey team is expected to leave here for Singapore on June 12 to take part in the 3rd Men's AHF Cup Championship to be held in Singapore June 14-22, reports UNB.The participation of Bangladesh team in the nine-nation...

ASA wins Financial Times-IFC banking award

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

ASA has won the Financial Times (London) and International Finance Corporation (IFC) 'Banking at the Bottom of the Pyramid-2008' award at a function at Dorchester, London Tuesday.Newly elected Mayor of London Boris Johnson was present in the ceremony as the...

BoE to keep rates on hold to combat inflation

2008-06-05 00:00:00

LONDON, June 4 (AFP): The Bank of England (BoE) was expected to keep interest rates at 5.0 per cent today to combat inflation driven by soaring oil and food prices despite concerns over slowing growth and the housing market, analysts...

Govt may put cap on rice stocks by growers, millers

S M Jahangir | 2008-06-05 00:00:00

The government is considering a set of measurers, including putting a cap on rice stocks by farmers, hoarders and millers to help fulfil its Boro procurement target, officials said.It might also go for a strict monitoring through the law enforcing...

Khulna clinch title of U-16 National Competition

2008-06-05 00:00:00

Hosts Khulna Division clinched the title of the U-16 Young Tigers Elite National Competition by virtue of better bonus points against Sylhet Division on the 3rd day of the three-day final at the Bir Shreshtho Matiur Rahman Stadium (BSMRS) Wednesday,...

Barack Obama makes history by clinching nomination

2008-06-05 00:00:00

WASHINGTON, June 04 (Agencies): US Democratic presidential hopeful Barack Obama has made history by becoming the first African-American to head the ticket of a major US political partyIn what he called a "defining moment for our nation," Obama Tuesday passed...

Sarwan, Chanderpaul hold firm to deny Aussies

2008-06-05 00:00:00

ST JOHN'S, Antigua, June 4 (AFP): Australia had to settle for a draw, after Ramnaresh Sarwan hit his 11th Test hundred and with compatriot Shivnarine Chanderpaul batted West Indies to safety in the second Test here Monday.Sarwan hit the top...

Readjusting tax threshold

2008-06-05 00:00:00

PEOPLE'S earning, measured in Taka, has been eroding its value fast. In this situation, the businessmen or professionals may well offset the impact of plummeting purchasing power of Taka in their lives through increasing the amount of their incomes by...

Disbursement of foreign loan rises by over 100pc

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

Disbursement of loan by the donor agencies has risen by more than 100 per cent rise in the outgoing fiscal compared to the last fiscal, but the amount is still about 50 percent of the commitment, said an economic relations...

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...

Next hearing in Gatco case June 10

2008-06-05 00:00:00

A special court, after an hour-long sitting, Wednesday deferred to June 10 the charge hearing on the GATCO graft case against detained former Prime Minister and BNP Chairperson Khaleda Zia, her younger son Koko, eight former ministers and several others,...

Khaleda keeps mum as Mannan tenders salam

2008-06-05 00:00:00

Apparently in a snub to her estranged party secretary general Abdul Mannan Bhuiyan, ex-premier and BNP Chairperson Khaleda Zia kept mum although he repeatedly tendered her salam as they met in the courtroom Wednesday in the changed times, reports UNB.Witnesses...

corporatewatch

2008-06-05 00:00:00

Akij Securities gets DSE membershipAkij Securities Limited, DSE Member No. 231, has got Broker Registration Certificate No. Reg.-3.1/DSE-231/2008/193, dated January 30, 2008 and valid up to January 29, 2009 vide SEC letter no. SEC/REG-36/DSE-231/2007/65 dated January 30, 2008. The ID...

India cuts duty on some imports from LDCs

M Azizur Rahman | 2008-06-05 00:00:00

India has decided to cut duty on imports from the least developed countries (LDCs), including Bangladesh, for products like cosmetics and toiletries, textile and clothing, furniture and crockery under its newly announced duty-free preference scheme (DFPS), officials said."We have recently...