Swiss voters reject tougher | 2008-06-03 00:00:00
naturalisation rulesGENEVA, June 2: Swiss voters firmly rejected Sunday a far-right initiative that would have made it even harder for foreigners to become naturalised citizens. Only one of Switzerland's 26 cantons approved the proposal by the nationalist Swiss People's Party...
AREQUIPA, Peru, June 2 (Reuters): World Trade Organisation (WTO) Director-General Pascal Lamy said Sunday developed and developing nations could still wrap up the Doha round of talks on a global trade deal this year."I still believe it's doable this year,"...
FE Report | 2008-06-03 00:00:00
Md Nurul Huda Chowdhury was appointed, on promotion, managing director of Ansar VDP Unnayan Bank Sunday.Earlier, he was the deputy managing director of Bangladesh Krishi Bank. He started his banking career as probationary officer of Bangladesh Krishi Bank 1997.During his...
Jasim Uddin Haroon | 2008-06-03 00:00:00
The government Monday opened up import of iron scraps and old ships for all through an amendment made to the existing import policy in an effort to reinvigorate the construction sector.The Ministry of Commerce issued a circular relating to the...
The High Court (HC) Monday granted ad-interim anticipatory bail to Awami League (AL) presidium member Tofael Ahmed's wife and daughter in a graft case, filed against the AL leader and his family members, as the two surrendered before the court,...
The court holding trial of ex-Prime Minister Sheikh Hasina in the Mig-29 scam case Monday witnessed a row over the prosecution's disclosure of a defence-secret report, report UNB and bdnews24.com.While proposing charge framing in the case, the Anti-Corruption Commission (ACC)...
Speakers at a seminar said that water is a cardinal resource for human stability and prosperity and it should be used as a force for regional integration and not division, said a press release.Bangladesh Water Partnership (BWP) organised the seminar...
Three ready-made garment (RMG) factories of Azim Group at Kalurghat BSCIC industrial area in Chittagong have been laid off following Sunday's serious labour unrest, reports UNB.The management declared that production in the export-oriented apparel factories would remain suspended "until further...
Dhaka Divisional Special Judge Golam Mortuza Majumder adjourned Monday the hearing in Mig-29 warplane purchase scam case against former Prime Minister Sheikh Hasina and six others until June 11.Prosecution proposed for framing charges against the accused. After hearing the prosecution,...
Dr. Mohammed Hossain | 2008-06-03 00:00:00
IT has been noticed that Bangladeshis working abroad, sent home a record of $6.57 billion in 2007 equivalent to Tk 456.83 billion. The record remittances also pushed up Bangladesh's foreign exchange reserve, implying the importance of this sector. However, it...
Shakhawat Hossain | 2008-06-03 00:00:00
A ban on export of hybrid paddy seed by China has caused much anxiety for the local importers, who are dependent on that country for supply of the variety of input, said a hybrid seed dealer."Chinese hybrid paddy seed sellers...
The Dhaka metropolitan tribunal judge's court sentenced Monday three activists of outlawed JMB to 20 years rigorous imprisonment for possessing bomb making explosive materials, reports UNB.The judge handed down the punishment to Obaidul Islam alias Habib, Shafiqul Islam alias Russel...
Joe Leahy | 2008-06-03 00:00:00
FT Syndication ServiceMUMBAI: South Africa's MTN is considering a reverse takeover of India's Reliance Communications as part of talks to combine the pair and create an emerging markets telecoms giant, people familiar with the matter said.The proposal would follow the...
YONGAN, (China), June 2 (Reuters): China said Monday it could guarantee there would be no epidemics in the earthquake zone, while some survivors complained their farmland was being bulldozed to make way for temporary housing. Where bodies crushed under buildings...
Mahmuda Shaolin | 2008-06-03 00:00:00
The government has provided a fund of Tk 318 million (31.8 crore) to computerise the country's postal services, faced with a tough competition from the private sector, an official of the Bangladesh Post Office (BPO) said Saturday.The Executive Committee of...
NEW DELHI, June 2 (PTI): Prime Minister Manmohan Singh today said many sectors of the economy have now emerged stronger and more competitive, enabling India to grow faster despite a global slowdown."In these past 17 years, despite the many changes...
13th annual convention of Lion District 315A1 was held at Bangladesh-China friendship conference centre in the city recently, said a press release.Commerce and Education Adviser Dr Hossain Zillur Rahman inaugurated the convention while Agricultural and Water Resources Adviser Dr CS...
A special court Monday sentenced detained former BNP MP Mosaddek Ali Falu to five years' rigorous imprisonment for embezzlement of government relief materials, reports UNBJudge Tanjina Ismail also fined Falu Tk 0.53 million in default, to suffer one year more...
FE Report | 2008-06-03 00:00:00
Dhaka stocks tumbled Monday, triggered by sharp fall in share prices of the AB Bank, the market heavyweight company that was ex-dividend.The benchmark Dhaka Stock Exchange (DSE) General Index (DGEN) sank more than 88 points on the day, the highest...
William Easterly, FT Syndication ServiceThe report of the World Bank Growth Commission, led by Nobel laureate Michael Spence, was published late last month. After two years of work by the commission of 21 world leaders and experts, an 11- member...
FE Report | 2008-06-03 00:00:00
Grameenphone (GP) Limited recently signed an agreement with Nam Dhari Malik Seeds Pvt Limited to provide complete communication facilities under its Business Solutions package.Nam Dhari Malik Seeds Managing Director AR Malik and GP Additional General Manager Sajjad Alam signed the...
TEN people were injured last Tuesday as two compartments of a passenger train derailed near Rohanpur at Chapainawabganj. Only a day later last Wednesday, four bogies of a Bhairab-bound passenger train derailed injuring 25 people. Twelve passengers of Chittagong- bound...
Gono Forum President Kamal Hossain Monday suggested establishment of a government of national consensus after the general elections following the model of South Africa's anti-apartheid leader Nelson Mandela, report agencies.Dr Kamal placed a package of proposals including the post-election government...
Olympic torch burns brightly in JingzhouJINGZHOU, Central China, June 2: The Beijing Olympic torch relay started its Jingzhou leg on the middle reaches of the Yangtze River Monday, the last segment in central China's Hubei province. The 18.6-kilometer relay of...
TOKYO, June 2 (AFP): Japan is mulling a request from Sri Lanka to export up to 200,000 tonnes of its imported rice supplies to help Colombo ease acute food shortages, a Japanese foreign ministry official said Monday."We are considering their...
A housekeeping supervisor of Hotel Orchard Plaza was killed in Sunday night's serial explosions that also left around 50 other people wounded, including a few foreigners, reports UNB.Police said Ali Azam, 42, a housekeeping supervisor of the hotel at Naya...
RAPID CITY, June 2 (Agencies): As Barack Obama turns to concentrate on his general election challenge, his rival Hillary Rodham Clinton is mounting a last ditch campaign to stay relevant in what is left of the Democratic presidential contest. The...
John Kay | 2008-06-03 00:00:00
THE Financial Times, with Goldman Sachs, has recently launched its annual business book competition. So the editor raised the question: what makes a good business book?A good book should not be confused with a best-seller. Who Moved My Cheese? by...
CHAPAINAWABGANJ, June 2 (UNB): A market for farmers has been launched for the first time at Hossaindanga in Sadar Upazila for ensuring fair price of their products.GOC of 11 Infantry Division and area commander of Bogra region M Shamim Chowdhury...
Fiona Harvey | 2008-06-03 00:00:00
FT Syndication ServiceLONDON: China has been by far the biggest winner from the Kyoto protocol, receiving tens of billions of dollars in investment to finance low-carbon technology.Last year, 73 per cent of carbon credit projects certified by the United Nations...
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