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2007-10-10 00:00:00

Space fever grips Malaysia as launch nears KUALA LUMPUR, Oct 9 (AFP): Space fever has gripped Malaysia as the nation prepares to watch its first astronaut blast off into space from a launch site in Kazakhstan Wednesday. Sheikh Muszaphar Shukor,...

CA lauds role of lawyers in establishing rule of law

2007-10-10 00:00:00

Chief Adviser (CA) Dr Fakhruddin Ahmed Tuesday appreciated lawyers for their role in establishing rule of law and expressed the hope that they would continue to make their contribution.The Chief Adviser said this when a delegation of the Bangladesh Bar...

Ex-BNP MP Manjurul Ahsan Munshi gets 13 years

2007-10-10 00:00:00

A Special Court in Dhaka sentenced detained former BNP lawmaker Manjurul Ahsan Munshi to 13 years in jail Tuesday and acquitted his wife and two sons in a graft case, reports UNB.The court also fined Munshi Tk 6.50 million, in...

Mannan supports B Chy's call for national govt

2007-10-10 00:00:00

Expelled BNP secretary general Abdul Mannan Bhuiyan welcomed former President and Bikalpadhara chief Professor Badruddoza Chowdhury's call for a government of national consensus, saying that this transitional arrangement would help resolve many problems facing the nation, reports UNB.Talking to reporters...

Arrest warrants against ex-Jamaat MP Shahjahan Chy, Faisal Morshed issued

2007-10-10 00:00:00

CHITTAGONG, Oct 9 (UNB): The Divisional Special Judge Court here today (Tuesday) issued arrest warrants against former Jamaat lawmaker Shahjahan Chowdhury and former foreign minister Morshed Khan's son Faisal Morshed Khan for not appearing before it in a corruption case....

President for making govt audit management more transparent, accountable

2007-10-10 00:00:00

President Iajuddin Ahmed urged the Comptroller and Auditor General of Bangladesh to take steps for making government's audit management more transparent and accountable, reports UNB. The President said this when Comptroller and Auditor General of Bangladesh Asif Ali met him...

British HC warns people against hoax Internet scams

2007-10-10 00:00:00

The British High Commi-ssion in the city Tuesday warned people against being duped by Internet scams, which claim to offer large financial rewards in return for an initial payment, reports UNB.Head of Trade and Investment at the British High Commission...

Fifteen persons killed in separate incidents

2007-10-10 00:00:00

Fifteen 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, six people were killed and 10 others injured when a bus rammed into a microbus...

Harvesting of paddy begins in Gaibandha

2007-10-10 00:00:00

GAIBANDHA, Oct 09 (BSS): The harvesting of short duration aman paddy, BRRI Dhan-33 has been started in Sadar Upazila in the district Sunday amid much enthusiasm among the farmers.A function was also arranged at Khamar Pirgachha village of Sahapara union...

The troublesome trio

2007-10-09 00:00:00

The problematic trio -- power load-shedding, water scarcity and gas supply disruption -- does often make the life of the residents of Dhaka city difficult. For more than a decade, the problems that have become almost a part of the...

Fresh look at researches and institutions

2007-10-09 00:00:00

Syed Fattahul AlimWhat is the real unemployment figure in this land of about 140 million people? The official statistics used in research, reference and other purposes depend on the data supplied by the Bangladesh Bureau of Statistics (BBS). Apart from...

Making micro credits truly user-friendly

2007-10-09 00:00:00

Nurul HudaMICRO credit was identified long ago as a powerful tool for the purpose of poverty alleviation in Bangladesh. This realisation also led to a major expansion of micro credit operations in the country during the last two decades. A...

Putin hands baton to himself

2007-10-09 00:00:00

Neil Buckley from MoscowVLADIMIR Putin has finally solved the intrigue of who will be Russia's most powerful man should he obey the constitution and stand down as president next year. He will.The president's address on October 01 to the congress...

Dealing with manpower frauds

2007-10-09 00:00:00

THERE is hardly any abatement of the activities of the rackets which have been taking large sums of money from gullible people with promises of sending them abroad with jobs. They provide forged visas to such job seekers which are...

Errant bus drivers, indifferent traffic police

2007-10-09 00:00:00

If not anyone else, the bus drivers in Dhaka city have been enjoying full-freedom on the streets. They are free to pick or leave a passenger anywhere anytime. Everyplace is a stoppage for them. They give a damn to what...

Pentagon tracking a whole series of metrics in Iraq

2007-10-09 00:00:00

Tom Engelhardt in the concluding part his articlePREPARE not to be surprised: In Iraq, the military counted bodies from the beginning -- counted, in fact, everything. They just weren't releasing the figures back in the days when the Bush administration...

Pay-toilets? When the walls are free?

2007-10-09 00:00:00

Zofeen Ebrahim from KarachiAt a pay-and-use toilet at Karachi's Civil Hospital, Rustom Ali asserts: "I'm an employee here so why should I pay?" Hari Ram, the 60-year-old caretaker is too meek to argue and lets Ali in. "Very few people...

Multinationals spur US rally on weak dollar

2007-10-09 00:00:00

Francesco Guerrera and Michael Mackenzie from New York Multinationals have emerged as the main drivers of the current US stock market rally as investors move to capitalise on the weak dollar by buying into companies with large overseas earnings.The strong...

Handouts thwart UAE drive for Emirati-run economy

2007-10-09 00:00:00

Matthew BrownSheikh Mohammed bin Rashid al-Maktoum, prime minister of the United Arab Emirates, envisions his country as a world-class financial hub run by Emiratis. Government financial support is undermining that goal. All 800,000 Emirati citizens get free education and health...

'Nationalised banks help Indian govt achieve 9pc GDP'

2007-10-09 00:00:00

MADURAI, Oct 8 (PTI): Finance Minister P Chidambaram yesterday said the nationalised banks have played a key role in helping the United Progressive Alliance (UPA) government achieve 9 per cent growth in the last fiscal. Those blaming the nationalised banks...

Global credit squeeze a 'serious crisis', will have impact on govts' budgets: Rato

2007-10-09 00:00:00

LONDON, Oct 8 (AFP): The global credit squeeze is a "serious crisis" that is not over yet and will have an impact on governments' budgets, the IMF's outgoing head Rodrigo Rato said in an interview published today. Speaking to the...

UAW, Chrysler make progress in talks

2007-10-09 00:00:00

DETROIT, Oct 8 (AP): The United Auto Workers put Chrysler LLC on notice that a strike is possible if contract talks stall, a person briefed on the talks said, but a labour expert said the union's action could be a...

China's private businesses boom along with national economic growth

2007-10-09 00:00:00

BEIJING, Oct 8 (Xinhua): China saw booming private businesses in the first half of 2007 when the national economy expanded by 11.5 per cent, according to the State Administration for Industry and Commerce (SAIC). The number of the country's private...

S Korea, ASEAN reach free trade pact on services

2007-10-09 00:00:00

SEOUL, Oct 8 (AFP): South Korea and Southeast Asian nations have reached an agreement on services, the foreign and trade ministry said today, raising hopes for a comprehensive free trade deal by year's end. Asia's third largest economy and nine...

Oil prices fall but supply worries limit losses in Asia

2007-10-09 00:00:00

SINGAPORE, Oct 8 (AFP): World oil prices fell in Asian trade today but worries over tight energy supplies limited the drop, dealers said. New York's main oil futures contract, light sweet crude for delivery in November, was 33 cents lower...

SAP agrees 4.8b euro buyout of Business Objects

2007-10-09 00:00:00

PARIS, Oct 8 (AFP): Germany's SAP, a world leader in business software, announced yesterday that it had agreed with France's Business Objects on a buy-out worth just over 4.8 billion euros (6.8 billion dollars). "The Business Objects board of directors...

Dollar gains against yen in Asian trade

2007-10-09 00:00:00

SINGAPORE, Oct 8 (AFP): The dollar gained against the yen in Asian trade today, a day ahead of the US Federal Reserve's release of its September minutes, dealers said. The greenback was at 117.07 to the yen in afternoon trade,...

West Bengal emerges favourite destination for steel projects

2007-10-09 00:00:00

KOLKATA, Oct 8 (PTI): Notwithstanding the non- availability of iron-ore in te state, West Bengal has emerged as one of the favourite destinations for setting up steel projects with investments totalling Rs.700 billion lined up in the sector. Some of...

Importers of milk powders demand withdrawal of duties to ease prices

2007-10-09 00:00:00

Naim-Ul-KarimThe government of late has started thinking of ways and means to rein in prices of the milk powder and baby food items that skyrocketed and are going beyond the buying capacity of consumers, sources said.They said the Ministry of...

Prime Bank holds seminar on role of zakat

2007-10-09 00:00:00

FE ReportPrime Bank Limited (PBL) Islamic Banking branch organised a seminar on 'role of zakat in fair distribution of wealth' in a city conference centre Saturday.Chairman of the bank Azam J Chowdhury was present on the occasion as the chief...