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In support of a sustainable and affordable transport system for Dhaka

2008-03-15 00:00:00

Engineer Shafiqul AlamMANY have written about the nagging traffic congestion of Dhaka, some blame the traffic police for their miss-management, some suggest withdrawing the old vehicles and introducing more new vehicles, some highlight the need for making foot-over bridges and...

Father of the feel-good factory

2008-03-15 00:00:00

Jenny Wiggins Sir Lindsay Owen-Jones does not like being photographed. "Do I have to smile?" he says gruffly, before posing on the windowsill and couch of his Paris office in his grey suit, arms crossed in front of his chest....

Europe loses when it legitimises low wages

2008-03-15 00:00:00

Wanja Lundby-Wedin and John Monks DECISION-makers in ancient civilisations sought answers from an oracle, an infallible authority who gave wise counsel. The most important, the Delphic oracle, reputedly fell into a trance and spoke in riddles, which were interpreted by...

Bank bonuses: three ways to reform the system

2008-03-15 00:00:00

Daniel Heller IN the search for lessons from the credit market crisis, one issue that deserves more debate is the system of bonuses in investment banking. It also attracted attention this week when Jérôme Kerviel, the 31-year-old at the centre...

Tibet protests turn violent

2008-03-15 00:00:00

BEIJING, Mar 14 (AP): Angry protesters set shops ablaze and gunfire was reported in Tibet's regional capital Friday as the largest demonstrations in two decades against Chinese rule turned violent just months ahead of the Beijing Olympics. The protests, in...

Chad-Sudan peace deal commits to end border attacks

2008-03-15 00:00:00

DAKAR, Mar 14 (AFP): The presidents of Sudan and Chad have signed a non-aggression pact, vowing not to support rebel attacks against each other, many of which were launched from troubled Darfur. The accord made late Thursday by Sudan's President...

US sees no breakthrough in DPRK N-talks

2008-03-15 00:00:00

GENEVA, Mar 14 (AFP): North Korean and US negotiators failed to reach any breakthrough in talks on Pyongyang's nuclear programme and do not plan to resume negotiations Friday, the chief US negotiator said. "It was good consultations but we are...

Malaysia PM urged to resign as rift opens in party

2008-03-15 00:00:00

KUALA LUMPUR, Mar 14 (Reuters): The son of former Malaysian premier Mahathir Mohamad Friday asked Prime Minister Abdullah Ahmad Badawi to step down from office following the ruling coalition's election debacle at the weekend. Mukhriz Mahathir is the first figure...

Britons hit by new 'sin taxes'

2008-03-15 00:00:00

LONDON, Mar 14 (AP): Many Britons were resigning themselves to more puritanical lifestyles Thursday as they faced the prospect of "sin taxes" that will increase the cost of alcohol, cigarettes, gas-guzzling cars and, potentially, plastic bags. "Don't Drink or Drive"...

Al Qaeda gives 3-day ultimatum on Austria hostages

2008-03-15 00:00:00

DUBAI (Reuters) - Al Qaeda's North African wing threatened Thursday to kill two Austrian hostages it had abducted in Tunisia if Vienna failed to secure the release of some of the group's members jailed in Tunisia and Algeria. The three-day...

Germany's Merkel to address Israeli assembly

2008-03-15 00:00:00

BERLIN, Mar 14 (Reuters): Angela Merkel becomes the first German chancellor to address Israel's parliament next week, despite opposition from a small number of parliamentarians, more than six decades after the end of World War Two. Merkel's three-day trip, starting...

Reformists sidelined as Iran elects parliament

2008-03-15 00:00:00

TEHRAN, Mar 14 (AFP): Iran Friday voted in elections expected to tighten the grip of conservatives on parliament after a low-key campaign and the mass disqualification of reformist candidates by a hardline vetting body. Reformists are only able to contest...

Canada votes to extend Afghan mission

2008-03-15 00:00:00

TORONTO, Mar 14 (AP): Parliament voted Thursday to extend Canada's mission in Afghanistan to 2011, provided NATO supplies more troops and equipment to back up its forces in the volatile south. Prime Minister Stephen Harper's government has been under growing...

Prices of essential items rise further

2008-03-15 00:00:00

FE Report Prices of a number of core food basket items including flour, lentil, sugar, edible oil, onion and rice soared again at the retail level in the capital during the past one week, market operators said. In the past...

Kuwait keen to invest in Bangladesh

2008-03-15 00:00:00

DAKAR, Mar 14 (UNB): Kuwait is ready to help Bangladesh in projects of its choice through the Kuwait Development Fund and is eager to invest in Bangladesh. Foreign Minister of Kuwait Sheikh Mohammed Al Salem Al Saba expressed the interest...

ICAB organises CPE seminar in city

2008-03-15 00:00:00

FE ReportA CPE seminar on 'Auditor Independence-Threats and Safeguard' was organised by the Institute of Chartered Accountants of Bangladesh (ICAB) at the ICAB Auditorium in the city recently.Former adviser to the Caretaker Government M Hafizuddin Khan attended the function as...

Inter-bank call rate steady

2008-03-15 00:00:00

Sarwar ZahanThe inter-bank call money rate stayed steady at its high level last week due to high pressure on liquidity. The central bank used its tools to keep the market cool without any visible result, fund managers said.The call rate...

weekly currency roundup

2008-03-15 00:00:00

March 09 - March 13, 2008Commercial Bank of CeylonUS dollar has been maintaining its bullish tone against Bangladesh Taka, which is expected to be sustained until the later part of the current month.Despite increasing call money rate, which usually triggers...

LankaBangla, Int'l Leasing sign deal

2008-03-15 00:00:00

FE ReportInternational Leasing and Financial Services Limited extended Tk 70.40 million loan facility for LankaBangla Securities Limited.International Leasing and Financial Services Limited extended an investment facility of Tk 70.40 million to LankaBangla Securities Limited to finance its business activities. Managing...

HSBC holds workshop for Young Entrepreneur Award winners

2008-03-15 00:00:00

FE ReportThe Hongkong and Shanghai Banking Corporation (HSBC) Ltd in Bangladesh held a workshop for the 30 winning teams of the first round of the regional Young Entrepreneur Awards (YEA) 2008 in the city recently.YEA allows talented students to showcase...

South Africa whitewash Bangladesh

2008-03-15 00:00:00

After a clean sweep in the two-match test series, visiting South Africa also whitewashed Bangladesh in the three-match Warid ODI Series winning the 3rd match by seven wickets at the Mirpur Sher-e-Bangla National Stadium (SBNS) in the city Friday, reports...

China on brink of sacking women's football coach

2008-03-15 00:00:00

BEIJING, Mar 14 (AFP): China's football association has proposed sacking Olympic women's football coach Elisabeth Loisel as it looks to revive the team's chances of home-town Games glory, state press said Friday. A proposal handed to the sports ministry on...

Mohammedan, Biman take jt lead

2008-03-15 00:00:00

Mohammedan SC and Biman Bangladesh maintained their all-win run to take a joint lead in the Metropolis Premier Division Cricket League beating their respective opponents after the 4th round matches at separate city venues Friday, reports UNB.In the day's another...

Champs League last eight pits Gunners against Liverpool

2008-03-15 00:00:00

NYON (Switzerland), Mar 14 (AFP): Arsenal will meet fellow giants Liverpool in the Champions League quarter-finals following the draw made here on Friday. Four English clubs are in the final eight and Arsene Wenger's side were the first out of...

Anderson five puts England in control

2008-03-15 00:00:00

England grasped control of the second Test in Wellington, with James Anderson picking up his fourth five-wicket haul to help dismiss New Zealand for 198 shortly before stumps on the second day. With a lead of 144, and on what...

Foster ready for United debut

2008-03-15 00:00:00

MANCHESTER, Mar 14 (AFP): England goalkeeper Ben Foster has been told he will make his Manchester United debut against Derby County on Saturday -- just a week after returning to reserve team duty following a ten-month cruciate ligament injury lay-off....

Dinajpur DSA drub Dhaka DSA 5-0

2008-03-15 00:00:00

Dinajpur DSA made a flying start in the final round of the JFA Cup Under-15 Football Championship beating Dhaka DSA by 5-0 goals at Rajshahi divisional Stadium Friday, reports UNB.Sajib struck twice in the 48th and 71st minute, while Liton,...

Ireland cricket team arrives today

2008-03-15 00:00:00

A 15-member Ireland cricket team arrives here today (Saturday) to play a three-match ODI series against Bangladesh.During the weeklong visit, Ireland will play the 1st ODI match against Bangladesh on March 18, the 2nd on March 20 and the 3rd...

Scrapping of convention ‘will benefit war criminals’

2008-03-15 00:00:00

The Sector Commanders’ Forum (SCF) Friday condemned the government's scrapping of a March 15 convention on war crimes and said it would simply benefit war criminals, reports bdnews24.com. Former Air Force chief AK Khondoker, who heads the forum, however vowed...

Relatives, party colleagues of Hasina in dark about her health condition

2008-03-15 00:00:00

Relatives and party colleagues of detained ex-premier Sheikh Hasina are in the dark about her latest health condition as they said Square Hospital and jail authorities kept mum about her treatment for the last two days, reports UNB.Hasina's personal physicians...