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Dhaka might open mission in Khartoum, Bahrain in Dhaka

2008-03-13 00:00:00

Bangladesh is considering to open a mission in Sudan, Foreign Affairs Adviser Iftekhar Ahmed Chowdhury said Wednesday. "Sudan wants Bangladesh to participate in its economic progress," the Foreign Ministry quoted Sudanese State Minister for Foreign Affairs Elsamani Elwasila Elsamani as...

BTTB gets new chairman

2008-03-13 00:00:00

Md Ashraful Alim has been appointed chairman (current charge) of Bangladesh Telegraph and Telephone Board (BTTB). Alim, promoted from board member for maintenance and operation, took up his new assignment Wednesday. Alim joined BTTB as an assistant divisional engineer in...

Biman leases aircraft from Kobe Air

2008-03-13 00:00:00

Biman has leased a Boeing aircraft from the Nigeria-based Kobe Air, bringing its fleet size to 13, officials said. The 582-seater Boeing 747-200 plane was added Wednesday to the national flag carrier's aged fleet to fly mainly on the Middle-East...

Govt may raise fuel prices after irrigation season

2008-03-13 00:00:00

FE ReportThe government is expected to raise local fuel prices after the current irrigation season concludes to offset the losses caused by skyrocketing petroleum rates prevailing in the international market and help reduce the subsidy to this sector, said special...

Prime Bank to diversify investment portfolios

2008-03-13 00:00:00

Siddique Islam Prime Bank Limited, a leading private commercial bank, plans to open more branches and diversify its investment portfolios focusing mainly on retail and small and medium enterprises (SMEs)."We have planned to open 12 more branches by the end...

Pharmaceutical export earning declines marginally in ‘07

2008-03-13 00:00:00

Syed Ishtiaque Reza Export of pharmaceutical products from Bangladesh declined marginally to US$ 35 million in 2007 from US$ 39.46 million in 2007 due to exchange rate fluctuations and fall in prices of active pharmaceutical ingredients (API) in the global...

Tax holiday facility likely to continue

2008-03-13 00:00:00

Doulot Akter MalaThe government might continue the tax holiday facility, which expires in June this year, to enable the local industry sustain themselves in the competitive global market which is experiencing an economic slowdown.A high-powered committee is meantime scrutinising the...

Budget: It's all about people and economy

2008-03-12 00:00:00

Abu Sayed Md. Shaykhul Islam, FCMATHE National Board of Revenue (NBR) has started its works for the preparation of the national budget for the next fiscal. Over the last one year, we have seen many changes in our national life....

A war appraisal too vast to swallow

2008-03-12 00:00:00

Tunku Varadarajan JUST when the American public, in an inversion of the old saw about economists, was thinking that the Bush administration professes to know the "value" of everything but the "cost" of nothing, along come Joseph Stiglitz and Linda...

High standards and singular snow

2008-03-12 00:00:00

Michiyo NakamotoJapan has often used strange arguments for keeping its markets closed to foreign goods.One of the most bizarre reasons for opposing the liberalisation of US beef imports in the late 1980s was provided by Tsutomu Hata, the then agriculture...

Duty waiver on poultry feed ingredients not enough

2008-03-12 00:00:00

THE National Board of Revenue (NBR) has decided to exempt the import of poultry feed ingredients from customs duty and mandatory pre-shipment inspection (PSI). The latest NBR action, as the developments suggest, is aimed at providing some relief to the...

2008 : The year of actions and elections

2008-03-12 00:00:00

Air Commodore Muhammad Zakiul Islam, Ndu, Acsc (Retd)THE year 2008 is the year of elections. And let us add that it is also the year of many actions. Just look, how many election events have been, or are, lined up...

Egypt weighs cost of daily bread

2008-03-12 00:00:00

Heba SalehHANDS holding banknotes push through the narrow opening above the counter at the entrance to the bakery in the poor Cairo district of Imbaba. A cacophony of voices rises as people try to attract the attention of the worker...

Institutions and compensations to check corruption

2008-03-12 00:00:00

Md HamidullahThe government bureaucracy in Bangladesh spawns a great deal of corruption. What would be the institutional checks to the same? No doubt, individuals in the civil services are to blame for taking bribes and other immoralities. But had there...

Politics

2008-03-12 00:00:00

NOT a day passes without matters of politics in the newspapers and the electronic media. This leader is in jail, this leader has been arrested or those leaders have got bail in their cases. Then there is the jostling within...

Pre-shipment inspection unnecessary for importing scrap metal

2008-03-12 00:00:00

AS the president of an exporting company at Miami USA, I have tried and asked many members of the steel mills owners association of Bangladesh to request Bangladesh Ministry of Commerce to end PSI (Pre-shipment Inspection) assigned by Government of...

Twin bombs kill 25 in Lahore

2008-03-12 00:00:00

LAHORE, mar 11 (AFP): Two suspected suicide car bombings killed at least 25 people in the Pakistani city of Lahore Tuesday, posing a fresh challenge to the US-allied country's incoming civilian government. The deadliest blast demolished much of the federal...

Malaysia opposition takes aim at affirmative action

2008-03-12 00:00:00

PENANG, Mar 11 (Reuters): The newly elected opposition took power in Malaysia's industrial heartland Tuesday and immediately said it would kill one of the nation's sacred cows -- affirmative action for majority ethnic Malays. "We will run the government administration...

Israel, Hamas hold fire in Gaza

2008-03-12 00:00:00

JERUSALEM, Mar 11 (AFP): Israel and Hamas held their fire around the Gaza Strip Monday as Egypt worked to broker a comprehensive deal to end violence and lift the blockade of the impoverished Palestinian territory. Palestinians said the two sides...

Indian police stop exiles from historic Tibet march

2008-03-12 00:00:00

DHARAMSHALA, India, Mar 11 (AFP): Police late Monday banned about 100 Tibetan exiles in India from going ahead with a historic trek to their homeland as part of pro-independence protests ahead of the Beijing Olympics. The ban came hours after...

Eight US soldiers killed in Iraq

2008-03-12 00:00:00

BAGHDAD, Mar 11 (AFP): Eight US soldiers were killed in separate attacks in Iraq, according to the US military. The attacks all occurred Monday, making it one of the deadliest days for the US military in several months.In one attack,...

New York governor keeps job, despite prostitution scandal

2008-03-12 00:00:00

NEW YORK, Mar 11 (AFP): New York Governor Eliot Spitzer, a Democrat known for his moral crusading, issued a public apology but stopped short of resigning over reports he had hired a high-end prostitute. Spitzer, a father of three who...

UNICEF says Japan failing to control child porn

2008-03-12 00:00:00

TOKYO, Mar 11 (Reuters): Japan has failed to bring child pornography under control, leaving children around the world at risk, UNICEF said Tuesday as it launched a campaign to stamp out exploitation of minors. Japan's government is inching towards a...

Arroyo vows to pass anti-corruption law

2008-03-12 00:00:00

MANILA, Mar 11 (Reuters): Philippine President Gloria Macapagal Arroyo, under pressure from a bubbling graft scandal, said Tuesday she would ask Congress to pass an anti-corruption reform act this year. "On our part, we will hold officials accountable, if they...

Armed, state-backed ex-rebels win Sri Lanka poll

2008-03-12 00:00:00

BATTICALOA, Mar 11 (Reuters): Government-backed former Tamil Tiger rebels accused of abductions and killings have won a landslide in a Sri Lankan local election that critics say was unfair because they remain armed, officials said Tuesday. The TMVP, made up...

Bangladesh face South Africa in 2nd one-dayer today

2008-03-12 00:00:00

Bangladesh face South Africa in the 2nd ODI of the Warid Cricket Series today (Wednesday) at the Mirpur Sher-e-Bangla National Cricket Stadium (SBNS), aiming to square the three-match series, reports UNB.For the 2nd ODI, Bangladesh made two changes. Vice captain...

Australia call off Pakistan tour

2008-03-12 00:00:00

KARACHI, Mar 11 (AFP): Australia have scrapped their upcoming cricket tour to Pakistan over security fears, their cricket boards said in a statement Tuesday, after bombs killed 20 people in the eastern city of Lahore."I can confirm they have conveyed...

Liverpool look to spoil Inter's centenary celebrations

2008-03-12 00:00:00

MILAN, Mar 11 (AFP): While Inter Milan have been celebrating their centenary in the build up to Tuesday's crucial Champions League last 16, second leg clash against Liverpool at the San Siro, the visitors from Merseyside will have their own...

Bangalore snap up Misbah-ul-Haq

2008-03-12 00:00:00

Misbah-ul-Haq, the Pakistan batsman, and India's Under-19 World Cup-winning captain Virat Kohli have been bought by the Bangalore Royal Challengers in the second round of the Indian Premier League's player auction in Mumbai on Tuesday. Misbah, who nearly took Pakistan...

Federer stops Sampras in NY tennis exhibition match

2008-03-12 00:00:00

NEW YORK, Mar 11 (AFP): World number one Roger Federer enjoyed a special moment here on Monday when he beat Pete Sampras in an electrifying exhibition match in New York's Madison Square Garden.Sampras and Federer, considered two of the greatest...