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Indian export sector may lose 2m jobs

2007-12-06 00:00:00

NEW DELHI, Dec 5 (Xinhua): Indian government said as many as 2 million people may become jobless in the export sector which has been hit hard due to rupee appreciation against US dollar in the last one year, local newspaper...

ASEAN needs new blueprint to ensure economic growth

2007-12-06 00:00:00

KUALA LUMPUR, Dec 5 (Xinhua): ASEAN needs a blueprint to ensure economic growth and to make it an attractive investment market, ASEAN secretary-general designate Surin Pitsuwan said in Kuala Lumpur, local media reported yesterday. "We need a new blueprint to...

China, India vow to expand financial cooperation

2007-12-06 00:00:00

BEIJING, Dec 5 (Xinhua): China and India signed here yesterday a joint statement pledging to expand financial cooperation between the world's two largest developing countries. In the statement signed at the second China-India Financial Dialogue in Beijing, the two countries...

Copper, oil slide on US worries; gold, grains up

2007-12-06 00:00:00

NEW YORK, Dec 5 (Reuters): Copper markets plummeted a second straight day yesterday on deepening worries over the US economy, while oil traded steadily below the $90 a barrel mark feared by consumers. Gold, the commodity that attracts investors when...

Dollar edges up in Asia

2007-12-06 00:00:00

TOKYO, Dec 5 (AFP): The dollar was higher in Asian trade today with market participants looking for fresh leads, including interest rate decisions and key economic indicators, dealers said. But they said dollar-selling sentiment remained strong as the market was...

President requests Thai govt for concessional import duty facility

2007-12-06 00:00:00

President Iajuddin Ahmed Wednesday requested the Thai government to extend the duty-cutback on the import of 229 items from Bangladesh, as the facility expires this month, reports UNB.He also said that Thailand might encourage its businessmen to import more goods...

Potato farming to face setback

2007-12-06 00:00:00

Our CorrespondentRANGPUR, Dec 5: Potato cultivation in eight districts of greater Rangpur and Dinajpur region is likely to face a serious setback this year due to a serious scarcity of quality seeds in the region, sources said.The demand for seeds...

Momtaz, Fuad and Sumon "sing" for Warid caller tunes

2007-12-06 00:00:00

FE ReportWarid Telecom has launched a country-wide promotional campaign for its Music Ring Back Tone (MRBT) service endorsed by three popular music artistes of the country, said a press release.Branded as caller tunes, the service is being promoted by folk...

Thrust on establishing audit committees in listed cos

2007-12-06 00:00:00

FE ReportFormer adviser to the caretaker government and Chairman of Apex Adelchi Footwear Ltd Syed Manzur Elahi stressed the need for establishing audit committees and inducting independent directors in every listed company to pave the way for good governance in...

SMC ensures supply of Orsaline to SIDR-hit areas

2007-12-06 00:00:00

FE ReportSocial Marketing Company (SMC), Bangladesh's largest producer of oral rehydration saline (ORS), has ensured adequate supply of Orsaline by channeling distribution through its Barisal, Khulna and other area offices and relief agencies.The company has taken decision to supply saline...

Extensive programmes for cultivation of winter vegetables, spices in N dists

2007-12-06 00:00:00

Our CorrespondentSIRAJGANJ, Dec 5: The Department of Agriculture Extension (DAE) of Rajshahi division and various farm owners have taken up extensive programmes for cultivation of winter vegetables and spices in the areas, sources said.Under the scheme, a total of 10,39,747...

IFIC Bank opens 67th branch in Rupganj

2007-12-06 00:00:00

FE ReportThe 67th branch of IFIC Bank Limited was opened at Manik Villa, Tarabo Bazar, Rupganj recently. The branch was inaugurated by Chairman of the bank Mohammad Lutfar Rahman. Director of the bank Didarul Alam, Managing Director Mashiur Rahman, other...

Rice price rising in Bogra, onion sharply declines

2007-12-06 00:00:00

Our correspondentBOGRA, Dec 5: Onion price has sharply declined while price of rice is increasing gradually at the local markets of Bogra. Onion is selling at Tk 28-30 per kg compared to last week's price of Tk 55-60. Following the...

corporatewatch

2007-12-06 00:00:00

Company's net profitBSC: Bangladesh Shipping Corporation (BSC) earned a post-tax net profit of Tk 159.59 million for the year that ended on June 30, 2007. The earning per share (EPS) of the company stood at Tk 5.56.Sonali Aansh: Sonali Aansh...

Pakistan opposition nears deal on vote demands

2007-12-06 00:00:00

ISLAMABAD, Dec 5 (AFP): Pakistan's opposition parties may finalise later Wednesday a list of demands for President Pervez Musharraf to meet if he wants to stop them boycotting next month's elections, a party official said. Opposition leaders Benazir Bhutto and...

Democratic rivals assail Hillary on Iran vote

2007-12-06 00:00:00

DES MOINES, Iowa, Dec 05 (AP): Democratic rivals assailed front-runner Hillary Rodham Clinton Tuesday for a vote against Iran that they portrayed as misguided and dangerous in light of a new intelligence report that says the Iranians stopped pursuing a...

Suicide bomber kills 13 in Kabul

2007-12-06 00:00:00

KABUL, Dec 05 (AP): A suicide bomber rammed his explosives-laden car into a minibus full of Afghan soldiers south of Kabul Wednesday, killing at least 13 people and wounding 20, officials and witnesses said. The Taliban claimed responsibility for the...

China wants climate talks to back tech fund for the poor

2007-12-06 00:00:00

BEIJING, Dec 5 (Reuters): China wants rich economies to back a fund to speed the spread of greenhouse gas-cutting technology in poor nations as it seeks to persuade delegates at global warming talks the focus of responsibility belongs on the...

Donation being spent on relief, primary rehab, says CA

2007-12-06 00:00:00

Chief Adviser (CA) Fakhruddin Ahmed Wednesday said that donations received to CA's Relief and Welfare Fund were being spent on relief and primary rehabilitation purposes, mainly house rebuilding, in the cyclone-ravaged areas, reports UNB.So far, Tk 600 million (60 crore)...

Water vessels can't ply smoothly due to silted up riverbed

2007-12-06 00:00:00

Our CorrespondentBRAHMANBARIA, Dec 4: Water vessels are facing huge problems, as they cannot ply smoothly on the Titas river as its bed has been silted up. Trade and commerce in the area are, thus, being disturbed greatly, sources said.Important bazars...

BRAC receives ICAB National Award 2006

2007-12-06 00:00:00

FE ReportBRAC has been awarded, for the third consecutive year, the National Award 2006 for 'Best Published Accounts and Reports' by the Institute of Chartered Accountants of Bangladesh (ICAB). BRAC has secured first position in the NGO-MFI Sector. It also...

WUB holds film fest to stand beside Sidr victims

2007-12-06 00:00:00

FE ReportWorld University of Bangladesh (WUB) organised a film festival Sunday on the university premises to stand beside the recent cyclone 'Sidr'-hit people in the southern part of the country.Vice Chancellor (VC) of the university Prof Dr Abdul Mannan Chowdhury...

Lankans take lead

2007-12-06 00:00:00

England fell to an agonising defeat as Sri Lanka secured an 88-run victory with only 25 minutes of play left in a dramatic first Test in Kandy Thursday, reports BBC. The tourists slumped to 139-6 soon after lunch before Ian...

Ballseye

2007-12-06 00:00:00

Saiful Kaiser"I don't believe in moral victories! It's really crazy! I don't know why people talk about moral victories!" This was Indian captain Anil Kumble's near hysterical response to the suggestion that Pakistan had won a moral victory because the...

Bangladesh level series

2007-12-06 00:00:00

A five-wicket haul by Suhrawardy Shuvo enabled visiting Bangladesh Under-19 team to level the five-match one-day series 2-2 against Pakistan Under-19 team beating the hosts by 13 runs in the fourth match at the Quaid-e-Azam Park Steel Mills in Karachi...

Kirsten appointed Indian coach

2007-12-06 00:00:00

Former South Africa batsman Gary Kirsten has agreed a two-year deal to coach India starting from next March. He has signed despite some reservations about the attitude of the players, and the Board of Control for Cricket in India confirmed...

Right to Information Act shortly: CA

2007-12-06 00:00:00

Chief Adviser Dr Fakhruddin Ahmed Wednesday said his government wants to offer the nation the Right to Information Act shortly, as the draft law is being readied to take effect, reports UNBHe hoped that the Information and Law Ministries would...

Seeks continuous support in discharging duties

2007-12-06 00:00:00

Chief of Army Staff General Moeen U Ahmed made a courtesy call on President Professor Dr Iajuddin Ahmed at Bangabhaban Wednesday and discussed various matters of the force, including the ongoing relief activities.According to a Bangabhaban press release, the Army...

HC declares tax-evasion case against Iqbal Hassan Mahmud void

2007-12-06 00:00:00

The High Court (HC) declared Wednesday null and void the tax-evasion case filed against detained former state minister for power Iqbal Hassan Mahmud Tuku.A two-judge Bench headed by Justice MA Rashid pronounced the judgement, reports UNB.The National Board of Revenue...

Myanmar decides to release 49 detained Bangladeshis

2007-12-06 00:00:00

The Myanmar government has decided to unconditionally release all 49 Bangladeshi nationals now serving imprisonment in different jails of that country. The decision of the Myanmar government has been conveyed through Bangladeshi Embassy in Yangon, according to a press release...