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...
Ziaur Rahman | 2008-06-02 00:00:00
THE number of private cars is increasing in Dhaka city, day by day. The fact that the private cars have been enjoying a priority in transport planning has 'encouraged' this growth. But, more private cars mean more pollution, both noise...
Hosts Moulvibazar DSA clinched the top slot with five gold, two silver and one bronze medals in the 3rd Samsung Sylhet Division Karate Competition that concluded at the Moulvibazar Jono Milon Kendro Saturday, reports UNB.Sylhet DSA finished distant second with...
Foreign Adviser Iftekhar Ahmed Chowdhury has described the relationship between Bangladesh and United Kingdom (UK) as 'close and strategic', reports UNB.The Foreign Adviser said this following a meeting with UK Minister of Defence Des Browne on the sidelines of the...
ROME, June 1 (Reuters): The global economy is threatened by continuing weaknesses in the US economy and rising energy and raw materials prices, European Central Bank (ECB) Governing Council member Mario Draghi said Saturday.Draghi told a Bank of Italy meeting...
President Iajuddin Ahmed has called for waging social movement across the country against smoking to save the new generation from the harmful effects of tobacco, reports UNB.He made the call when a delegation of ADHUNIK, a leading anti-tobacco organisation, led...
NEW DELHI, (Internet): Anti-inflationary measures are unlikely to turn India into a slow growing economy, while other Asian nations could face the situation of rising prices and economic stagnation, a latest report says."We do not believe that India would be...
FE Report | 2008-06-02 00:00:00
The Head of the European Union Delegation in Bangladesh, Stefan Frowein, Sunday urged the local entrepreneurs to explore new markets in Latin America, Africa and emerging Asian countries instead of the traditional markets of Bangladeshi products.He was speaking at a...
MEXICO CITY, June 1: US giant Ford is to invest $3b (
BAGHDAD, June: 1 (Agencies): The U.S. military says one of its helicopters has crashed south of Baghdad, wounding two American soldiers. The statement says preliminary indications point to mechanical failure as the cause of the crash early Sunday, but an...
Joint forces continued a hunt for the local leaders of different political parties for a second day with at least 548 people arrested in seven districts until Sunday afternoon, report agencies.Earlier, the crackdown rounded up 44 in Kishoreganj, 22 in...
FE Report | 2008-06-02 00:00:00
Bank Asia Limited (BAL) approved 25 per cent stock dividend for its shareholders for the year 2007.This was approved at the ninth annual general meeting (AGM) of the bank at the Bashundhara City grand hall in the city Sunday.Chaired by...
FE Report | 2008-06-02 00:00:00
The Securities and Exchange Commission (SEC) has temporarily frozen 2436 beneficiary owners' accounts (BO) 'deemed fictitious' as they were opened in different branches of Al-Arafah Islami Bank using the same address when the Premier Bank floated its IPO.The subscription of...
The Council of Advisers Sunday approved the Public Servants (Dismissal on Conviction) (Amendment) Ordinance 2008, reports UNB.It also endorsed the Supreme Judicial Commission (Amendment) Ordinance 2008 put forward by the Ministry of Law, Justice and Parliamentary Affairs.Besides, the council approved...
President of Bikolpodhara Bangladesh AQM Badruddoza Chowdhury Sunday demanded of the government to hold elections to the local bodies timely as per the constitution, reports UNB."The district, upazila and union level elections should be held timely as per the constitution,"...
Jane England | 2008-06-02 00:00:00
FT Syndication ServiceDOHA: Al-Jazeera's English-language television news channel has given its new managing director what looks like an ambitious make-or-break mission.Dogged by dissatisfaction and high-profile defections, the Qatar-based international news service has been haemorrhaging staff. Tony Burman, a former editor...
PARIS, June 1 (AP): Ana Ivanovic delivered a perfect performance at the French Open on Sunday, a 6-0, 6-0 victory over Petra Cetkovska that put the 2007 runner-up in the quarterfinals.The No. 2-seeded Ivanovic, also a finalist at the Australian...
The High Court Sunday declared valid prosecution of detained former Prime Minister and Awami League president Sheikh Hasina in the barge-mounted power-plant scam case, one of over a dozen graft charges brought against her under the anti-corruption drive in the...
FE Report | 2008-06-02 00:00:00
AB Bank Limited, a first generation private commercial bank, has launched a basket of ten new distinctive Small and Medium Enterprise (SME) and liability products for its customers.Of the ten new products, seven have been SMEs and three are liability...
BRAHMANBARIA, June 1 (UNB): RAB arrested four drug peddlers along with 900 bottles of Indian Phensidyl syrup at Airal village in Sadar Upazila Saturday.Being tipped off, a team of RAB-9 conducted a drive at the village and arrested Sachchu Mia,...
Badruddin Khan (67), son of Late Advocate Abdul Aziz Khan, of 7 Panditpara, Mymensingh, passed away Saturday at the Square Hospital.He left behind his wife, a daughter and a son.He was in the graduating batch of BUET in the year...
FE Report | 2008-06-02 00:00:00
The inter-bank call money rate posted rise Sunday due to withdrawal of cash through treasury bills. The US dollar, on the other hand, fell against Bangladesh taka (BDT) in the inter-bank foreign exchange market because of lower demand for the...
FE Report | 2008-06-02 00:00:00
Market has turned into a buyers' market and nowadays the consumers have become more sovereign in this globalised market, said Dhaka Chamber of Commerce and Industry (DCCI) Vice President Khandaker Shahidul Islam.He was speaking as the chief guest at the...
SEATTLE, Washington, June 1 (AFP): Robinho's second-half strike lifted Brazil to a 3-2 victory over Canada here Saturday in a friendly tuneup for their upcoming qualifiers for the 2010 World Cup.Robinho scored in the 63rd minute to break a 2-2...
SKOPJE, June 1 (AFP): Polling stations opened Sunday in Macedonia for snap general elections triggered by political and ethnic troubles on the road to EU and NATO membership, and coming after a violence-marred campaign.Voting by the electorate of almost 1.8...
Stephanie Kirchgaessner,FT Syndication Service | 2008-06-02 00:00:00
WASHINGTON: It is an irony of the 2008 election that the long shadow of Jack Abramoff, the former Republican super-lobbyist, looms over the very man, John McCain, whose Senate investigations paved the way for his conviction on corruption and fraud...
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