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Demra Madrasah badly damaged in wake of Sidr

2007-11-30 00:00:00

FE ReportJamiat’u Ibrahim Madrasah at Dogair under Demra police station in the city was heavily damaged in the wake of cyclone Sidr that had wreaked havoc on the southern part of the country a fortnight ago. The madrasah dormitory including...

Need to improve quality of products emphasised

2007-11-30 00:00:00

Finance Adviser Mirza Azizul Islam Thursday stressed the need for improvement of quality of products, as domestic products cannot be protected for long through trade barriers, reports UNB."We've to improve our efficiency to compete in the world market."Mirza Azizul Islam...

Defiant Musharraf starts new term as civilian leader

2007-11-30 00:00:00

ISLAMABAD, Nov 29 (AFP): Pervez Musharraf was sworn in as president of Pakistan for a second term Thursday, this time as a civilian, and defiantly rejected massive international pressure to lift his state of emergency. A day after stepping down...

Bush vows active role in Mideast peace

2007-11-30 00:00:00

WASHINGTON, Nov 25 (AFP): US President George W. Bush on Wednesday promised Israeli and Palestinian leaders his full support seeking to overcome deep doubts on whether new peace talks can yield a hoped-for accord next year. "I wouldn't be standing...

Philippine rebels announce surrender after army raid

2007-11-30 00:00:00

MANILA, Nov 25 (AFP): Philippine troops stormed a Manila hotel in a flurry of tear gas Thursday, moving to force out a small band of renegade soldiers inside who were demanding that President Gloria Arroyo step down. The rebels, speaking...

6,000 Sunnis join pact with US in Iraq

2007-11-30 00:00:00

HAWIJA, Iraq, Nov 25 (AP): Nearly 6,000 Sunni Arab residents joined a security pact with American forces Wednesday in what U.S. officers described as a critical step in plugging the remaining escape routes for extremists flushed from former strongholds. The...

Security clampdown in Lanka capital after deadly blasts

2007-11-30 00:00:00

COLOMBO, Nov 25 (AFP): Sri Lankan forces threw a security blanket over the capital Colombo Thursday and appealed for extra public vigilance a day after twin bomb attacks left 19 people dead and 45 injured, police said."There is a general...

Vote for me or face 'disintegration': Putin

2007-11-30 00:00:00

MOSCOW, Nov 25 (AFP): President Vladimir Putin Thursday told Russians to vote for him in parliamentary elections Sunday or face the country's "disintegration," while also appearing to confirm he would step down next year. Urging voters to back the United...

Pakistan in disarray ahead of must-win match

2007-11-30 00:00:00

KOLKATA, Nov 29 (Cricinfo): It's hard to remember when last a team was in such disarray before a must-win Test match. Pakistan's injury problems began as a bothersome aside but have now taken centre stage as they have only three...

BFF to hold exhibition matches to raise fund for cyclone victims

2007-11-30 00:00:00

To raise fund for the cyclone affected people, Bangladesh Football Federation (BFF) arranged `best of three' exhibition matches between Abahani Limited and Mohammedan Sporting Club on December 3, 5 and 7 at the Bangabandhu National Stadium in the city reports...

Victory Day Tennis Competition begins Dec 14 in city

2007-11-30 00:00:00

Prestige Bangla Victory Day Tennis Competition, organised by Bangladesh Tennis Federation and sponsored by Prestige Bangla Limited, will begin on December 14 at the Ramna National Tennis Court Complex in the city, reports UNB.There will be six events in the...

England play on despite bombings

2007-11-30 00:00:00

COLOMBO, Nov 29 (BBC): England will not seek to have the second Test moved away from Colombo despite two fatal bomb attacks in the Sri Lankan capital Wednesday. The first of the blasts occurred less than an hour after the...

Beckham greeted by hundreds of fans in rugby territory

2007-11-30 00:00:00

WELLINGTON, Nov 29 (AFP): Football superstar David Beckham landed in a rugby stronghold today but it was hardly enemy territory as hundreds of fans gave him a rapturous welcome in New Zealand's capital. Beckham and his Los Angeles Galaxy team...

Open verdict in Woolmer inquest

2007-11-30 00:00:00

A Jamaican inquest into the death of Bob Woolmer has failed to determine what killed the Pakistan cricket coach, reports BBC. Woolmer, 58, died after being found unconscious in his hotel room in March, after his team's early World Cup...

Govt won't downsize ADP at this stage: Mirza Aziz

2007-11-30 00:00:00

FE ReportFinance adviser Mirza Azizul Islam said Thursday the government will not downsize the Annual Development Programme (ADP) at this stage although its implementation has suffered a setback due to recurrent floods and devastating cyclone."Although the ADP implementation rate is...

Total Aman loss due to cyclone estimated at over Tk 21b

2007-11-30 00:00:00

S M JahangirThe Department of Agriculture Extension (DAE) estimated the total losses to 'Aman' crop sustained due to the recent cyclone 'Sidr' at 0.82 million tonnes worth more than Tk 21 billion.The preliminary Aman crop loss due to the Sidr...

Rumour on UCB pulls share prices down

2007-11-30 00:00:00

FE ReportA sharp decline Thursday in the share price of the United Commercial Bank (UCB), the day's top turnover leader, pulled down the stock market on the Dhaka Stock Exchange (DSE).The UCB share price sharply dipped 11.34 per cent on...

All survivors to come under VGF: Moeen

2007-11-30 00:00:00

Army Chief General Moeen U Ahmed Thursday said whoever is affected by the cyclone, no matter whatever the number is, will be brought under the Vulnerable Group Feeding (VGF) programme beginning next month, reports UNB.The free feeding programme will continue...

11 businessmen initially selected as CIPs

2007-11-30 00:00:00

Doulot Akter MalaThe National Committee for Industrial Development (NCID) has initially selected 11 leading businessmen and chamber leaders for awarding them the status of commercially important persons (CIPs).The trade leaders will be finally selected after scrutiny of their tax files.The...

BNP ex-minister Zia gets 8 yrs in jail, Dipjal 8 more yrs

2007-11-30 00:00:00

A special court trying high-society corruption suspects Thursday sentenced fugitive former LGRD state minister and BNP leader Ziaul Huq Zia to eight years imprisonment for tax-dodging and covering up his real wealth, reports UNB. Moreover, the court ordered confiscation of...

PC may extend Rupali handover deadline

2007-11-30 00:00:00

Refayet Ullah MirdhaThe Privatisation Commission (PC) said Thursday it might extend the deadline for handing over the largely state-owned Rupali Bank to the highest bidder.It will also examine the option for looking for alternative buyers for the bank, PC sources...

US subprime crisis hits Asia debt issuance

2007-11-30 00:00:00

Robin Kwong and Raphael Minder,FT Syndication ServiceHONG KONG: Debt-raising activity in Asia so far this month slowed to its lowest level since February last year, in a sign that market concerns stemming from the US subprime mortgage crisis have now...

BRAC Bank arranges Tk 500m syndicated loan for BURO

2007-11-30 00:00:00

FE Report BRAC Bank Limited has arranged a syndicated term loan worth Tk 500 million (50 crore) for the Basic Unit for Resources and Opportunities of Bangladesh (BURO Bangladesh), a microfinance institution of the country.An agreement in this connection was...

Zakat money pledged for cyclone-survivors

2007-11-30 00:00:00

Fifteen Muslim countries, including Saudi Arabia and Kuwait, have pledged to donate 'zakat' money and meat of sacrificial animals for the cyclone victims of Bangladesh. The ambassadors of the Muslim countries made the pledge when they met Food and Disaster...

Detention of 85 politicians under review

2007-11-30 00:00:00

Eighty-five detained political leaders were produced Thursday before the High Court's detention advisory board that would decide whether to extend their detention. Politicians in custody, including Awami League General Secretary Abdul Jalil, BNP Standing Committee Member Khandaker Mosharraf Hossain and...

Trader slain in city, two nabbed

2007-11-30 00:00:00

Two terrorists were arrested with a revolver while they were fleeing after killing a jhut (scrap cloths) trader on RM Das Road in the city's Sutrapur area Thursday afternoon. Witnesses said a gang of muggers, numbering three to four, intercepted...

One hanged for killing wife, son

2007-11-30 00:00:00

CHITTAGONG, Nov 29: Condemned convict Poritosh Rudra was hanged Wednesday night at the Chittagong Central Jail for killing his wife and son. — UNB

Investors face problems in complying with SEC order

2007-11-30 00:00:00

FE ReportGeneral investors and depository participants (DPs) are facing problems in complying with an order issued by the Securities and Exchange Commission (SEC) regarding opening of fresh beneficiary owners' (BO) accounts and updating the existing ones.As per an SEC directive...

WB offers spl fund for small Sidr-hit entrepreneurs

2007-11-30 00:00:00

Siddique Islam The World Bank (WB) has offered a special fund only for very small entrepreneurs, particularly in the cyclone-affected areas, official sources said.The Washington-based multilateral development partner has sent an initial proposal to the Bangladesh Bank (BB) for taking...

US lobbyist suggests foreign ministry's role in passage of NPDA bill

2007-11-30 00:00:00

FE Report A US-based lobbyist engaged by Bangladesh Garments Manufacturers and Exporters Association (BGMEA) to pursue the passage of the New Partnership and Development Act (NPDA) -2007 in the US Congress has suggested that the foreign ministry of the government...