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Malaysian palm oil earnings to hit new record

2007-10-18 00:00:00

KUALA LUMPUR, Oct 17 (AFP): The value of Malaysia's palm oil exports is expected to reach a record of 40 billion ringgit (11.84 billion dollars) this year as prices soar, a report said today. Plantation Industries and Commodities Minister Peter...

Agricultural fair reaps $4.6b contracts

2007-10-18 00:00:00

JINAN, Oct 17 (Xinhua): The Fifth China Agricultural Fair ended in Jinan of eastern Shandong Province yesterday with the signing of investment projects and purchases worth 4.6 billion US dollars, a senior agricultural official said. Both the signed cooperation and...

New world-class plant of Eskayef to go into production early next year

2007-10-18 00:00:00

FE ReportEskayef Bangladesh Ltd, a leading pharmaceutical manufacturer and exporter of the country, participated in the Conference on Pharmaceutical Ingredients (CPhl) Worldwide-2007 from October 2-4 in 'Fiera Milano Rho' in Italy.CPhl Worldwide is the largest gathering of pharmaceutical and chemical...

Shahjalal Bank to provide Tk 200m loan to NUB

2007-10-18 00:00:00

FE ReportShahjhalal Islami Bank Limited (SJIBL) and Northern University Bangladesh (NUB) signed an agreement at the former's head office in the city Wednesday.SJIBL Managing Director (CC) Muhammed Ali and NUB Vice Chancellor M Shamsul Haque signed the agreement on behalf...

Massive agri-rehab activities continue in flood-hit N dists

2007-10-18 00:00:00

RANGPUR, Oct 17 (BSS): Massive post-flood priority agri- rehabilitation and other activities have been continuing in full swing in the 10 flood-affected northern districts.Additional Cabinet Secretary M Zahid Hossain, who is now on a three-day official visit to the flood-affected...

FSBL's quarterly managers' confce held

2007-10-18 00:00:00

FE Report Quarterly Managers' Conference-2007 of the First Security Bank Limited (FSBL) was held at its head office in the city Wednesday. FSBL Managing Director AAM Zakaria presided over the conference. FSBL head of the branches and all executives of...

Asian stocks decline on US subprime concern

2007-10-18 00:00:00

SINGAPORE, Oct 17 (Bloomberg): Asian stocks fell after UBS AG cut its share-price estimates on Japanese banks and India said it will regulate foreign investment. Mitsubishi UFJ Financial Group Inc., Japan's biggest publicly traded lender, dropped to a three-week low....

Coca-Cola profit beats estimates on Asia, LatAm

2007-10-18 00:00:00

BEIJING, Oct 17 (Bloomberg): Coca-Cola Co., the world's largest soft-drink maker, said third-quarter profit rose more than analysts anticipated on gains in Asia and Latin America. Net income increased 13 per cent to $1.65 billion, or 71 cents a share,...

European stocks gain

2007-10-18 00:00:00

LONDON, Oct 17 (Bloomberg): European stocks rose after France's Groupe Danone SA and Carrefour SA said sales increased and Intel Corp. of the US forecast faster revenue growth. Carrefour had its biggest rally since February and Danone climbed the most...

corporate watch

2007-10-18 00:00:00

Response to DSE queryGreen Delta Ins: In response to a Dhaka Stock Exchange (DSE) query, Green Delta Insurance Company Limited has stated that there is no undisclosed price sensitive information of the company for the recent unusual price hike of...

Putin supports Iran's nuclear programme

2007-10-18 00:00:00

TEHRAN, Oct 17 (AFP): Russian President Vladimir Putin left Iran overnight Wednesday after a trip which saw him reinforce ties with the Islamic republic and distance himself from Western warnings over its nuclear programme. He warned the West not to...

World aims for record mobilisation for anti-poverty drive

2007-10-18 00:00:00

UNITED NATIONS, Oct 17 (AFP): Millions of people were set to mobilise around the world beginning late Tuesday for what organisers hope will be the biggest ever drive to demand concrete actions to end global poverty. The 24-hour "Stand Up...

'Cult of Bhutto' peaks ahead of return to Pakistan

2007-10-18 00:00:00

KARACHI, Oct 17(AFP): His children wear headbands with Benazir Bhutto's picture, but Abdul Raziq has not come to pay any ordinary tribute to the former Pakistani premier-he has doused them and himself in petrol. "I love Benazir and I will...

Chinese Communist Party leaders meet behind closed doors

2007-10-18 00:00:00

BEIJING, OCT 17 (AP): China's ruling Communist Party gave the media a rare glimpse of two rising political stars, providing them a platform on which to show off their leadership qualities. The public appearances by Li Keqiang and Xi Jinping...

Seven Tamil Tigers killed in fighting

2007-10-18 00:00:00

COLOMBO, OCT 17 (AP): A series of battles between government troops and Tamil separatists across northern Sri Lankan has killed seven rebels, the military announced Wednesday. The rebels disputed the figure.The fighting came amid weeks of increased tensions between the...

9 killed, including 7 police officers in Iraq violence

2007-10-18 00:00:00

BAGHDAD, OCT 17 (AP): A roadside bomb exploded near a police patrol early Wednesday, killing at least seven officers, according to police.The blast went off about 2 a.m. on the road to Affak, which is about 30 km (20 miles)...

Pak court resumes hearing challenges to Musharraf's re-election

2007-10-18 00:00:00

ISLAMABAD, OCT 17 (AP): Pakistan's top court heard challenges Wednesday to the legality of Gen. Pervez Musharraf's re-election as president, a day before Benazir Bhutto returns from exile.Musharraf's opponents have petitioned the Supreme Court, claiming that the US-allied strongman was...

news digest

2007-10-18 00:00:00

Iran nuclear row can be resolved diplomatically: Powell SEOUL, OCT 17 (AP): Former US Secretary of State Colin Powell expressed hope Wednesday for a peaceful and diplomatic resolution to Iran's nuclear row. "I think we can handle that one diplomatically,"...

Partisan politics blamed for weak judicial system

2007-10-18 00:00:00

The independent and just judicial process of the country has become weak due to influence of partisan politics.Law and Information Adviser Barrister Mainul Hosein said this while addressing the Additional District and Sessions Judges at Judicial Administration Training Institute in...

EC for holding overdue city corp, local body polls by Feb-Apr

2007-10-18 00:00:00

LAXMIPUR, Oct 17 (UNB): The Election Commission (EC) is preparing to hold the overdue city corporation and local body elections by February-April next year.Election Commissioner Brig Gen (retd) M Sakhawat Hussain said this while exchanging views on electoral roll at...

Govt to amend rules to allow re-checking of BCS scores

2007-10-18 00:00:00

The government is going to amend the Bangladesh Civil Service (BCS) Recruitment Rules to allow candidates to seek re-evaluation of their BCS examinations score, reports bdnews24.com, quoting a top civil servant Wednesday. "The government is amending a number of sections...

Netherlands, EU support caretaker govt's works

2007-10-18 00:00:00

New Dutch Ambassador in Bangladesh BM Ten Tusscher has said the Netherlands and European Union (EU) support the initiatives being undertaken by the caretaker government.Ambassador Ten Tusscher, who also chairs the EU presidency in Bangladesh in absence of Portugese embassy...

IGP sees teachers' active role in DU student unrest

2007-10-18 00:00:00

Inspector General (IG) of Police Noor Mohammad Wednesday said that the August 20-22 student unrest on the Dhaka University (DU) campus turned violent due to the role of a section of the university teachers. "The teachers were supposed to cool...

President urges all to help EC

2007-10-18 00:00:00

President Professor Dr Iajuddin Ahmed has called upon all to extend all-out cooperation towards the Election Commission (EC) as it is working to hold the next general elections as per its announced roadmap.The President made the call when a 15-member...

Acting Indian HC meets LGRD Adviser

2007-10-18 00:00:00

Acting Indian High Commissioner in Bangladesh Mukta Dutta Tomar met Local Government Rural Develop-ment and Cooperatives Adviser M Anwarul Iqbal at his office in the city Wednesday, reports UNB. During the meeting, they discussed different aspects of the forthcoming Second...

Court acquits Janakantha editor of cheating charge

2007-10-18 00:00:00

Editor of the daily Janakantha Atiqullah Khan Masud was acquitted Wednesday of the charge of a cheating case as he paid the money to the complainant.Masud is unlikely to be set free from prison as he faces some other criminal...

Call to remove widening rich-poor income gap

2007-10-18 00:00:00

The UN-day on `remove poverty' was observed Wednesday holding a rally in the city's Muktangon with the call to put greater efforts at the national level on removing the widening income inequality between the poor and the rich in the...

Nine persons killed in separate incidents

2007-10-18 00:00:00

Nine persons were killed and many others injured in separate incidents in different places of the country during the last two days, report agencies.In Comilla, a man was killed and 15 others were injured in a head-on collision between two...

Mirsarai train accident: investigation begins

2007-10-18 00:00:00

CHITTAGONG, Oct 17 (BSS): The three-member high-powered committee led by Shafijuddin Ahmed, Joint Secretary of the Communications Ministry, started investigation to find out the cause and identify the persons responsible for the October 13 train derailment at Barotakiya in Mirsarai...

A female elephant dies after falling down from a hilltop

2007-10-18 00:00:00

COX'S BAZAR, Oct. 17 (BSS): A female elephant, member of the majestic species of the wild animal, slipped deep down from a hilltop and died instantaneously in the dense jungle of Ramu last Saturday.The police and local forest department sources...