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Hosts Moulvibazar clinch top slot

2008-06-02 00:00:00

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...

Bangladesh-UK ties strategic, says Foreign Adviser

2008-06-02 00:00:00

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...

'US weakness remains threat to global economy'

2008-06-02 00:00:00

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 calls for social movement against smoking

2008-06-02 00:00:00

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...

2008-06-02 00:00:00

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...

EU urges CCCI to go beyond traditional export markets

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...

Ford to open new plant in Mexico

2008-06-02 00:00:00

MEXICO CITY, June 1: US giant Ford is to invest $3b (

US helicopter crashes in Iraq, 2 soldiers injured

2008-06-02 00:00:00

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...

Crackdown continues: 548 more arrested

2008-06-02 00:00:00

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...

Bank Asia approves 25pc stock dividend

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...

Premier Bank IPO: 2436 BO accounts frozen

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...

Public Servants (Amend) Ordinance approved

2008-06-02 00:00:00

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...

B Chowdhury demands local govt elections as per constitution

2008-06-02 00:00:00

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,"...

Al-Jazeera English tackles staff disquiet

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...

Ivanovic advances to French Open quarterfinals

2008-06-02 00:00:00

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...

HC declares valid proceedings against Hasina

2008-06-02 00:00:00

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...

AB Bank launches ten new products

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...

Four drug peddlers held with 900 bottles of Phensidyl

2008-06-02 00:00:00

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,...

Obituary

2008-06-02 00:00:00

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...

Call rate up, dollar down

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...

Consumers gaining sovereignty in globalised market

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...

Robinho lifts Brazil to win over Canada

2008-06-02 00:00:00

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...

Voting starts in Macedonian general elections

2008-06-02 00:00:00

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...

Candidates in US Presidential battle to curb lobbyist influences

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...

Copter carrying 14 crashes in China quake zone

2008-06-02 00:00:00

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...

Clarke batting, golden arm puts Aussies in control

2008-06-02 00:00:00

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...

Acute scarcity of skilled workers threatens Indian economy

2008-06-02 00:00:00

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...

Death anniversary

2008-06-02 00:00:00

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...

Oil has reached a turning point

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...

BRAC Bank official gets Begum Rokeya Shining Personality Award-2007

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...