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Camera sales defy predictions

2007-11-25 00:00:00

Digital camera sales are defying expectations. Two years ago, camera sales were expected to hit a peak and begin falling. Instead, sales are expected to grow 16 per cent this year, and analyst Chris Chute at research firm IDC expects...

On-board TV market growing in China

2007-11-25 00:00:00

Du Xiaoli The on-board digital mobile TV sales will grow on the tails of China's expanding automobile consumption market. The on-board LCD TV industry currently faces problems like a lack of uniform management standards, low customer recognition of domestic brands...

SOA and Grid changing computer application

2007-11-25 00:00:00

Sunil MehraThe advent of service-oriented architectures (SOA) is fast changing computer application. And this time it is not just can industry hype. SOA is here and now. According to Gartner, 60 per cent of enterprises will use SOA in creating...

Labour wins in Australian election

2007-11-25 00:00:00

SYDNEY, Nov 24 (Reuters): Australia's Labour party claimed victory in national elections Saturday, signaling an end to 11 years of conservative government led by Prime Minister John Howard. "On the numbers we are seeing tonight Labour is going to form...

Twin suicide bombings kill at least 20 in Pakistan

2007-11-25 00:00:00

RAWALPINDI, Pakistan, Nov 24 (AFP): Two suicide car bombings killed at least 20 people Saturday in near simultaneous attacks on Pakistani security forces in the garrison city of Rawalpindi, security officials said. The attacks came amid raging political turmoil in...

India hunting bombers after explosions kill 13

2007-11-25 00:00:00

NEW DELHI, Nov 24 (AFP): Indian authorities circulated sketches Saturday of three suspects believed to be behind a series of blasts outside courts in three cities that left at least 13 dead and more than 40 wounded. The police said...

String of setbacks rocks Brown’s government

2007-11-25 00:00:00

LONDON, Nov 24 (AFP): British Prime Minister Gordon Brown faced more discouraging polls today after a bruising week that brought his honeymoon period to a grinding halt. A string of setbacks has rocked his government and surveys suggest his initial...

45 Qaeda-linked militants held in northern Iraq

2007-11-25 00:00:00

KIRKUK, Iraq, Nov 24 (AFP): At least 45 suspected Al-Qaeda militants have been arrested over the past 24 hours in and around the northern Iraqi oil hub of Kirkuk by United States (US) and Iraqi forces, the police said Saturday....

Mideast talks must tackle human rights:AI

2007-11-25 00:00:00

LONDON, Nov 24(AFP): The Annapolis talks on the Israeli-Palestinian conflict must match peace pledges with 'clear and concrete steps' to end 'grave' rights abuses such as killings, Amnesty International (AI) said Saturday. Measurable benchmarks should be laid down with a...

2m survivors need urgent food assistance: UN report

2007-11-25 00:00:00

FE ReportMore than two million Cyclone Sidr survivors in the country's southwest coastal areas are in dire need of "immediate, life-saving" food assistance, according to a rapid assessment report of the United Nations.The report, prepared by a mission of the...

Govt gears up efforts to prepare PRSP-2

2007-11-25 00:00:00

Doulot Akter MalaThe government has geared up its efforts to prepare the second poverty reduction strategy paper (PRSP-2) for 2008-2011 period.A 12-member committee has been formed to prepare a thematic report on macro-economic management for pro-poor growth including financial sector...

Relief coordination centre established in Barisal

2007-11-25 00:00:00

FE ReportThe caretaker government has set up a coordination centre in Barisal to effectively carry out its emergency relief and rehabilitation activities in all the cyclone-hit coastal districts.The coordination centre will monitor and supervise the government's overall relief activities in...

Bridge collapse kills 3 cyclone survivors

2007-11-25 00:00:00

At least three people were killed and nearly 100 were injured in Patuakhali Saturday when a road bridge packed with hundreds of hungry cyclone survivors collapsed into a river, reports bdnews24.com. The death toll is likely to rise as nearly...

Red Crescent to seek Tk 1.4b from donors

2007-11-25 00:00:00

Bangladesh Red Crescent Society will make an international appeal for Tk 1.4 billion (Tk 140 crore) for carrying out relief and rehabilitation activities for the cyclone victims, as the country is forced upon a daunting task of rebuilding vast coastal...

Body to identify hurdles for raising exports to India

2007-11-25 00:00:00

Siddique Islam The government has formed a five-member high-powered committee to identify the existing obstacles to increasing exports to India that will also help reduce the trade deficit between the two countries. The committee, headed by the president of the...

SIDR compounds govt's woes in footing fuel import bills

2007-11-25 00:00:00

M Azizur RahmanThe powerful cyclone Sidr, that struck the country's southern and coastal districts recently, has further compounded the government's predicament in allocation of funds for payment against fuel imports as petroleum prices keep rising in the international market."The government...

WB suggests study on farm sector subsidy

2007-11-25 00:00:00

Shakhawat Hossain The World Bank (WB) has suggested that the caretaker government conduct a study on subsidy provided to the country's agricultural sector, said a senior Ministry of Agricultural (MoA) official."The agricultural ministry has been instructed to conduct a study...

JBIC drags its feet on power sector loan deals

2007-11-25 00:00:00

FE ReportThe availability of Japanese assistance worth $291 million for three development projects has become uncertain as the Japan Bank for International Cooperation (JBIC) has apparently decided to go slow on signing deals with Bangladesh government.The JBIC completed negotiations on...

Debate over Saudi riyal revaluation increases

2007-11-25 00:00:00

Andrew England in Cairo and Simeon Kerr in Dubai, FT Syndication ServiceAfter more than a week of heated debate about the Gulf currencies' peg to the weak US dollar, speculation is intensifying about whether Saudi Arabia will revalue the riyal...

Rayerbazar slum fire leaves six burnt alive

2007-11-25 00:00:00

At least six people were burnt to death and scores remained missing as a devastating fire broke out at the capital's Rayerbazar slum Saturday night. Police and local sources said the fire broke out at about 8:30pm in the sprawling...

Trading of IBBL Mudaraba Bond begins today

2007-11-25 00:00:00

The trading of Islami Bank Bangladesh Ltd (IBBL) Mudaraba Perpetual Bond, begins on Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange today (Sunday). The face value of per bond is Tk 1000 and the subscription took place between September 12...

Verdict in case against RU teachers today

2007-11-25 00:00:00

RAJSHAHI, Nov 24: Verdict of the much talked about case filed against six teachers of Rajshahi University (RU) is likely to be pronounced today (Sunday). Police had lodged the case on charge of their involvement in bringing out procession violating...

Adviser briefs dev partners today about Sidr, climate

2007-11-25 00:00:00

Adviser for Agriculture, Environment and Forest, Fisheries and Livestock CS Karim will brief members of local consultatative group (LCG) led by The World Bank and major development partners on 'Hurricane Sidr, Climate Change, its Adaptation and Mitigation Road through Bali'....

Mishap kills policeman, hurts 34 others

2007-11-25 00:00:00

A policeman was killed and 34 others were injured when a requisitioned bus carrying police dashed an electric pole in front of Engineers' Institute in the city early Saturday. According to the police of Dhaka Medical College Hospital camp, police...

Dhaka urges Islamabad to give reports on oil, gas explorations before 1971

2007-11-25 00:00:00

FE Report Bangladesh has requested Pakistan for an access to geological and geophysical drilling data and reports of oil and gas explorations conducted before 1971 lying with the Geological Survey of Pakistan (GSP) and Oil and Gas Development Company (OGDC),...

Indian SC clears Lafarge's limestone quarrying case

2007-11-25 00:00:00

FE Report The Indian Supreme Court (SC) in an interim order Friday allowed operation of the limestone quarrying in forest areas of Meghalaya and supply of raw material to French cement giant Lafarge's US$255-million cement plant in Bangladesh based on...

Pak EC confirms Musharraf as president

2007-11-25 00:00:00

ISLAMABAD, Nov 24(Agencies): Despite their protests that parliamentary elections will be a sham, Pakistan's political opposition seemed to be lining up for a chance to take part - with one former prime minister readying her candidates and another taking steps...

Fixed charge hits freight forwarding business

2007-11-25 00:00:00

Jasim Uddin Haroon The country's freight forwarding business has been experiencing a downturn mainly due to the imposition of fixed charge by the government on the import consignments.Moreover, cancellation of the terminal handling charges is also blamed for the slump...

1.8m tonnes of crops lost to natural disasters this yr

2007-11-25 00:00:00

An eminent economist said Saturday that natural disasters have cost the country at least 1.8 million tonnes in destroyed crops this year alone, reports bdnews24.com. Bangladesh Economic Association president Qazi Kholiquzzaman Ahmad made the estimate at a seminar on climate...

1000 more cyclone shelters to be built

2007-11-25 00:00:00

The government is planning to build 1000 more cyclone shelters for people and mud-forts as cyclone shelters for cattle-heads to face the natural calamities like flood and cyclone, reports UNB.Food and Disaster Management Secretary Dr Mohammad Ayub Mia made the...