JIULING, (China),June 1(AFP):- A military helicopter carrying 10 people injured in China's devastating earthquake and four crew members crashed in fog and turbulence, and authorities were searching for survivors, state media reported Sunday.The Russian-designed Mi-171 transport helicopter crashed Saturday afternoon...
ST JOHN'S, Antigua, June 1 (AFP): Michael Clarke followed up his seventh Test hundred with two late wickets to give Australia a firm advantage in the second Test against West Indies Saturday.Clarke cracked a purposeful 110 to allow Australia to...
NEW DELHI, (Internet): An acute shortage of skilled workers is posing a major threat to the Indian economy. The planning commission estimates that only 20 per cent of the 12.8 million entering the work force annually get some formal training.The...
The 11th death anniversary of former MP, organiser of the Liberation War, and Sirajganj Awami League leader Advocate Dabir Uddin Ahmed will be observed today (Monday), said a press release.On the occasion, Quran Khwani and Milad Mahfil will be held...
Daniel Yergin | 2008-06-02 00:00:00
Oil Prices at this level take us into a new world -- "Break Point" -- where the question "is not only "how high can the price go?", but also "what will be the response?" Is this the point at which...
FE Report | 2008-06-02 00:00:00
BRAC Bank's Head of SME Banking Farzana Chowdhury received 'Begum Rokeya Shining Personality Award-2007' recently.She got the award from Narikantha Foundation for her contribution to the development of SME sector in Bangladesh.The award was given at Dhaka Ladies Club on...
Amir Hossain, joint secretary of the Internal Resources Division, has been appointed private secretary to the President, said an official announcement Sunday.
United Insurance Company Limited (UICL) has approved a 28.21 per cent stock dividend for its shareholders for the year 2007.The approval was given at the 23rd annual general meeting (AGM) of the company at Bangladesh-China Friendship Conference Centre in the...
FE Report | 2008-06-02 00:00:00
In a major change in the state-owned banking administrations, the government has promoted four deputy managing directors (DMDs) to the posts of managing director (MD) to bring dynamism in the sector.The Ministry of Finance issued the order in this connection...
Shamsul Huq Zahid | 2008-06-02 00:00:00
"It is a progressive tax system. Income tax is imposed on the basis of ability to pay. The more he earns the more he pays as income tax. It ensures the equity and social judgment", reads the first paragraph of...
Shafiq Alam | 2008-06-02 00:00:00
WHEN the population of a mega city exceeds its acceptable limit, the traffic congestion is an obvious result. It happened in many cities. Dhaka is no exception. We would see this in many other cities as well.In 1856, England had...
BANGKOK, June 1 (AFP): More people will perish in Myanmar's cyclone disaster zone unless the regime lifts restrictions on foreign aid, US Defence Secretary Robert Gates warned Sunday, accusing it of "criminal neglect." Nearly a month after the storm tore...
CHITTAGONG, June 1 (UNB): A charge sheet has been submitted against 22 leaders and activists of Jamaat-e-Islami and Chhatra Shibir, including detained Jamaat MP Shajahan Chowdhury and Satkania Ameer Nurul Haq, in an extortion case.After investigation, Satkania thana police submitted...
Workers of three garment factories of Azim Group again demonstrated in Kalurghat BSCIC Industrial Area in Chittagong Sunday demanding increase in the minimum wages, reports UNB.Police and witnesses said hundreds of workers of Orchid Sweater, Global Specialised Garments and Savar...
FE Report | 2008-06-02 00:00:00
The National Board of Revenue (NBR) Sunday encountered strong opposition from businessmen on the issue of mandatory installation of Electronic Cash Register (ECR) in medium and wholesale shops.Business leaders and shop owners urged the government to keep the use of...
Newly appointed Chief Justice MM Ruhul Amin took oath at Darbar Hall of Bangabhaban Sunday, reports UNB.President Prof Dr Iajuddin Ahmed administered the oath at about 10:30am. Cabinet secretary Ali Imam Majumder conducted the ceremony.Chief Adviser Dr Fakhruddin Ahmed, Speaker...
Commodore RU Ahmed | 2008-06-02 00:00:00
HUMAN needs are ever changing. Fulfilment of a demand leads to a new need. These needs know no borders in the present-day perspective. Local and global markets keep on changing as do the needs and demands of the human society....
Shakhawat Hossain | 2008-06-02 00:00:00
The government would bring changes in the delivery system of subsidised fertiliser by introducing a direct cash support to farmers to better the supply chain and curb widespread misuse of the item, said a finance ministry official.In the new system,...
FE Report | 2008-06-02 00:00:00
Islami Bank Bangladesh Limited (IBBL) inaugurated its 194th branch at Mawna Chowrasta under Sreepur Upazila in Gazipur district Sunday.Local Deputy Commissioner Syed Mizanur Rahman inaugurated the branch as the chief guest while Sreepur Upazila Nirbahi Officer (UNO) SM Abdul Kader...
Mehru Jaffer from Vienna | 2008-06-02 00:00:00
THE use of headscarves by Muslim women has become the most powerful symbol of the struggle between secularists and religionists alike. Politicians, in their struggle for power, have created misunderstanding among the public regarding the Islamic practice of covering the...
MEXICO CITY, June 1 (Reuters): Flight attendants at airline Aeromexico planned to go on strike Sunday if they do not reached a deal in last-ditch pay talks with Mexico's largest carrier, union sources said, a move that would ground around...
Former Law Minister Barrister Maudud Ahmed Sunday questioned the veracity of the Niko graft case saying that he had never seen in his 42-year of legal profession such a farcical compensation suit, reports UNB."I've seen the cases of profit, but...
Bolt sets 100m world recordNEW YORK, June 1: Jamaica's Usain Bolt set a men's 100m world record of 9.72sec at the Reebok Grand Prix athletics meeting here on Saturday. The 21-year-old broke the previous record of 9.74 set by compatriot...
League leaders Usha KC faced a jolt in their title chase in the Green Delta Insurance Premier Division Hockey League with their first defeat, by 2-3 goals to Mohammedan SC, at the Maulana Bhashani National Hockey Stadium in the city...
FOLLOWING every major harvest of foodgrains, the government launches a programme to buy up the marketable surplus from the farmers. The intention, at least on paper, is to reward and provide incentive to the farmers adequately for their produce to...
FE Report | 2008-06-02 00:00:00
Chairman of ONE Bank Limited Sayeed H Chowdhury denied media reports that he owned shares of the bank in fictitious (benami) names."I did not violate the rules of Bangladesh Bank in holding shares in ONE Bank. The report was fabricated...
Richard Lapper, FT Syndication ServiceLONDON: Latin America's most important development institution late last month launched a $500m programme to help deal with rising food prices in the region, amid growing international concern about the potential political impact of price rises...
CHITTAGONG, June 1 (UNB): The European Commi-ssion (EC) has shown keen interest to provide support to the shipbuilding companies in Bangladesh to gain a strong foothold in shipbuilding market globally."Shipbuilding industry has potential to earn billions and to bring benefits...
Fighting kills 13 in Sri Lanka: militaryCOLOMBO, June 1: At least nine Tamil Tiger rebels and four government soldiers have died in the latest clashes across Sri Lanka's embattled north, the defence ministry said Sunday. Six Tiger rebels and six...
WASHINGTON, May 31 (AFP): Hillary Clinton Saturday makes a last stand in her ebbing White House bid, as the Democratic Party tries to defuse a unity-sapping row over voided primary votes in Michigan and Florida.The legal wranglings of the Democratic...
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