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Dollar stable, call rate steady

2007-10-26 00:00:00

FE ReportThe US dollar was steady against the Bangladesh taka (BDT) on stable demand Thursday in the inter-bank foreign exchange market, fund managers said.The inter-bank call money also remained unchanged in an active market despite withdrawal of cash through reverse...

Qazi Azad's chehlum today

2007-10-26 00:00:00

FE Report Chehlum of Qazi Huamyun Azad Bakhsh, the senior editorial consultant of the Financial Express and former acting chairman of the Bangladesh Tariff Commission, will be held today (Friday).The chehlum will be held after Asr prayer at the deceased's...

Advisers to discuss national security council soon: Matin

2007-10-26 00:00:00

Communications Adviser MA Matin Thursday said the interim cabinet would soon discuss formation of a national security council, reports bdnews24.com. "The issue of formation of a national security council will soon be presented in the meeting of the council of...

Five kg Yaba tablets seized, two arrested

2007-10-26 00:00:00

The Rapid Action Battalion (RAB) Thursday arrested two persons, including a nephew of businessman Aziz Mohammad Bhai, and recovered nearly five kilogrammes of Yaba tablets and other drugs from their possession, reports bdnews24.com. RAB's legal and media wing director Commander...

DPRK to beat N-disablement deadline

2007-10-25 00:00:00

SEOUL, Oct 24 (AFP): North Korea is likely to disable its plutonium-producing nuclear reactor well before the year-end deadline set under a multinational deal, a senior South Korean official said Wednesday. The hardline communist state "has a clear will for...

Simultaneous bombings kill 8 in Baghdad

2007-10-25 00:00:00

BAGHDAD, Oct 24 (AP): Nearly simultaneous bombs struck commuters in a predominantly Shiite area on the southeastern edge of Baghdad Wednesday, killing at least eight people and wounding two dozen, police and hospital officials said. The two blasts, which occurred...

More than half a million flee California wildfires

2007-10-25 00:00:00

LOS ANGELES, Oct 24 (AFP): More than half a million people were ordered to evacuate their homes in southern California as wind-driven wildfires raged for a fourth day Wednesday, razing communities and threatening to overwhelm exhausted firefighters. At least one...

Myanmar activists launch day of demonstrations

2007-10-25 00:00:00

BANGKOK, Oct 24 (AFP): Myanmar activists protested Wednesday outside China's embassy in Bangkok to demand freedom for Aung San Suu Kyi, kicking off a day of rallies planned worldwide in support of the detained democracy leader. About 20 people carried...

Bush to seek global fund for Cuba democracy

2007-10-25 00:00:00

WASHINGTON, Oct 24 (AFP): US President George W. Bush Wednesday will urge countries that do business with Cuba to reconsider, and call for a global fund to promote democracy there after Fidel Castro is gone. Bush will use a speech...

Morocco wants closer ties with EU

2007-10-25 00:00:00

MARRAKESH, Oct 24 (AFP): King Mohammed VI said Tuesday that Morocco wants an "advanced status" with the European Union, calling upon France to help push its European partners to grant his north African country closer ties. "The European Union's policy...

Sri Lanka fighting kills 10 more

2007-10-25 00:00:00

COLOMBO, Oct 24 (AFP): At least nine Tamil Tiger guerrillas and a government soldier have died in fighting in northern Sri Lanka, the defence ministry said Wednesday. Troops killed the nine men from the Liberation Tigers of Tamil Eelam (LTTE)...

74-year-old Briton charged with sex abuse of Thai boy

2007-10-25 00:00:00

BANGKOK, Oct 24 (AFP): A 74-year-old British man has been charged with sexually abusing a Thai boy in the resort of Pattaya after he was found with more than 100 albums of pictures of nude children, police said Wednesday. Alan...

Small investors beware

2007-10-25 00:00:00

WHILE the world's major stock markets are having a roller-coaster ride in the recent past, the Bangladesh stock market seems to be on a roll. Stock markets in the USA, the UK, France, Germany, Japan, and Hong Kong have been...

War is never simple but it must at least be just

2007-10-25 00:00:00

Philip StephensSO when should we go to war? In the shadow of Iraq it is surely a question we need no longer ask. We can wring our hands over Darfur, pass brave resolutions about repression in Burma, roundly deplore the...

The world adjusting to rising oil prices

2007-10-25 00:00:00

Ed CrooksONLY a month after breaching $80, the price for a barrel of oil is now scaling heights barely conceivable a few years ago.While the speculative flurry that has driven the oil price higher could easily be reversed, underlying demand...

India plans biggest auction of oil blocks

2007-10-25 00:00:00

Joe LeahyINDIA is planning its largest ever auction of oil and gas exploration blocks and has set a tentative start date of mid-November to begin marketing the sale around the world.The long-awaited auction is a crucial part of India's efforts...

Public spending on education

2007-10-25 00:00:00

It is an unwelcome development that the primary school drop-out rate has not really declined over the years. The number of poor female students at secondary level has also not risen to the expected level. Such developments raise questions about...

BPC's predicament

2007-10-25 00:00:00

THE predicament that Bangladesh Petroleum Corporation (BPC) faces now, more particularly after the recent surge of oil-price in the international market, can easily be appreciated by all concerned. The domestic sale prices of oil products are much below than those...

DU students seek move to overcome session jam

2007-10-25 00:00:00

DU CorrespondentStudents of Dhaka University (DU) seek proper initiatives of the authorities concerned to overcome the five-month session jam which arose following the 61-day unscheduled closure of the university.Many of the teachers and students were still concerned about whether the...

Govt to appoint foreign audit firm for transparency in PSI activities

2007-10-25 00:00:00

The government is likely to appoint an international audit firm to scrutinize the price quoting of the pre-shipment inspection (PSI) companies by next month, against the backdrop of suspected import-inspection scam, reports UNB.Three international audit firms, two from the US,...

Pvt sector proposal on Better Business Forum submitted

2007-10-25 00:00:00

The private sector has sent their recommendation to Chief Adviser Fakhruddin Ahmed on forming the Better Business Forum (BBF) in quest for a better business climate in the country, reports UNB."We have finalised and forwarded it (recommendation) to the Chief...

Aman cultivation target surpassed in Nilphamari

2007-10-25 00:00:00

Our Correspondent Nilphamari district surpassed its transplanted Aman cultivation target by 4315 hectares of land this year. A Department of Agriculture Extension (DAE) official said total target of cultivation of transplanted Aman was 1,10,820 hectares of land whereas total cultivation...

Death anniversary of Afzal Oct 27

2007-10-25 00:00:00

From a correspondentNAOGAON, Oct 24: The 32nd death anniversary of prominent Naogaon journalist, writer, social worker, retired civil servant and founder-president of Naogaon Journalists' Associa-tion late Khan Sahib Muhammad Afzal (82), will be observed on October 27 at his village...

Moderate tremor felt

2007-10-25 00:00:00

Dhaka Seismic Centre recorded a moderate earthquake, measuring 5.7 on the Richter Scale, Wednesday, reports UNB.The tremor occurred at 01 hours 56 minutes 42 seconds and distance of the epicentre was about 3036 kms from Agargaon, Dhaka Seismic Centre and...

President, CA greet President of Kazakhstan

2007-10-25 00:00:00

President Dr Iajuddin Ahmed and Chief Adviser Dr Fakhruddin Ahmed felicitated President of Kazakhstan Nursultan Abishevich Nazarbaev on the occasion of the Republic Day of his country that falls Thursday, reports UNB.In separate messages, the President and the Chief Adviser...

10 get life term in Laxmipur

2007-10-25 00:00:00

LAXMIPUR, Oct 24 (UNB): A court here Tuesday sentenced 10 people to life term imprisonment for killing a man 10 years back.The lifers are Abul Hashem, Amin Ullah, Rafiq Ullah, Abdul Mannan, Abdur Rahim, Abdur Rab, Moharram Ali, Babul Mia,...

China govt shows reluctance to up oil prices

2007-10-25 00:00:00

BEIJING, Oct 24 (Xinhua): Chinese government will continuously control domestic oil prices in the face of amounting internal inflation pressure and international oil prices. According to Zhu Zhixin, vice-minister of the National Development and Reform Commission (NDRC), the pricing of...

Canadian finance minister urges retailers to slash prices

2007-10-25 00:00:00

OTTAWA, Oct 24 (AFP): Canada's finance minister called on wholesalers and retailers yesterday to lower their prices to make them reflect the new strength of the Canadian dollar, which is now stronger than the US greenback. To make his point...

US mortgage giant offers plan to avert some foreclosures

2007-10-25 00:00:00

WASHINGTON, Oct 24 (AFP): America's biggest mortgage lender, Countrywide Financial, sought to throw a lifeline to tens of thousands of stretched borrowers yesterday as home foreclosures spike across the country. US Treasury Secretary Henry Pauslon warned last week that the...

Dollar mixed in Asia with eyes on Fed

2007-10-25 00:00:00

TOKYO, Oct 24 (AFP): The dollar traded mixed in Asian trade today, giving up early gains as traders waited for key US housing data ahead of next week's Federal Reserve meeting, dealers said. The greenback initially firmed from recent falls...