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Bangladesh U-19 cricket team reach Karachi

2007-11-19 00:00:00

Bangladesh Under-19 team reached Karachi Sunday to play five one-day matches and one four-day match against Pakistan Under-19 cricket team, reports UNB.The young Bangladesh side earlier left Dhaka for Karachi. Bangladesh U-19 will start the tour with a four-day match...

Malik and Yousuf lift Pakistan to 306

2007-11-19 00:00:00

JAIPUR, Nov 18 (Cricinfo): Sreesanth announced his return to the big time with three top-order wickets and a few patented stares, but Shoaib Malik and Mohammad Yousuf stitched together a tremendous 168-run partnership that put Pakistan in the ascendancy as...

Federer wins fourth Masters Cup title

2007-11-19 00:00:00

SHANGHAI, Nov 18 (AFP): World number one Roger Federer claimed his fourth Masters Cup title with a virtuoso display against David Ferrer of Spain Sunday. The Swiss defending champion dominated his fifth consecutive year-end final from the outset, winning 6-2,...

England alive after Israel beat Russia

2007-11-19 00:00:00

RAMAT GAN, Israel, Nov 18(AP): England's bid to qualify for next year's European Championship is still alive. Israel beat Russia 2-1 Saturday night, preventing the Russians from climbing past the English into second place in Group E with one game...

Cyclone death toll may cross 10,000

2007-11-19 00:00:00

FE Report As the death toll from the cyclonic storm jumped to 3000 Sunday, relief workers and rescuers scrambled hard to reach the SIDR-ravaged coastal areas, while donors continued to pledge multi- million dollars in emergency aid. Civil and military...

Rescuers struggle to retrieve bodies in the ruined south

2007-11-19 00:00:00

Bangladesh Red Crescent Society (BDRCS) Sunday said, the death toll from cyclone 'SIDR' may touch 10,000, as the rescuers struggled to retrieve dead bodies in the ruined south, report bdnews24.com and UNB. The organisation's Chairman Dr Mohammad Abdur Rob made...

Frequent power disruptions taking toll on businesses

2007-11-19 00:00:00

FE ReportFrequent power disruptions coupled with low voltage is now taking toll on the businesses as the normal operations of the commercial banks, stock markets and trading houses have been affected.The city dwellers have also been feeling the pinch of...

Govt forms fact-finding body to look into power blackout

2007-11-19 00:00:00

FE ReportThe government has formed a seven-member fact-finding committee to look into the reasons behind Friday's countywide power blackout.Headed by former Power Development Board (PDB) chairman ANM Rijwan, who is also a grid expert, the committee has been asked to...

Foreign aid starts pouring in for cyclone survivors

2007-11-19 00:00:00

The United Nations (UN) and other global aid agencies have started pouring emergency aid amid a renewed promise that they are ready to stand by cyclone victims for rehabilitation and reconstruction, officials said Sunday, reports bdnews24.com. The UN officials and...

Stocks rise due to buying spree

2007-11-19 00:00:00

FE ReportStock prices on the Dhaka Stock Exchange (DSE) continued to rally for the second consecutive session Sunday due to strong buying support from the investors' end.Market operators said share prices have been gaining on the DSE due to higher...

NBR opens 'help desk' to assist taxpayers

2007-11-19 00:00:00

Doulot Akter MalaThe National Board of Revenue (NBR) has formed a four-member committee to look into the issues that may have created confusion among the taxpayers regarding payment of income tax, sources said.The committee comprises all income tax members.The board...

BTTB, Teletalk to go public by April next

2007-11-19 00:00:00

FE Report The government has decided to offer shares of the state-owned Bangladesh Telegraph and Telephone Board (BTTB) and the Teletalk, a subsidiary cell phone company of the BTTB, by April next, sources said.The decision was taken at a meeting...

HC stays Hafiz's invitation for 2 weeks

2007-11-19 00:00:00

The High Court (HC) Sunday stayed for two weeks the Election Commission's (EC) invitation to acting BNP secretary general Hafizuddin Ahmed to the electoral reforms dialogue, reports bdnews24.com. The court, in the ruling on a petition by detained BNP chief...

ADP to be trimmed again

2007-11-19 00:00:00

FE Report The government will drop unimportant projects from the annual development programme (ADP) to divert resources to the post-cyclone rehabilitation activities."We will rigorously scrutinise the ADP to exclude unimportant projects," said Finance and Planning Adviser Mirza Azizul Islam on...

Showkat Ali new PDB chairman

2007-11-19 00:00:00

The government has appointed Md Showkat Ali as the new chairman of the Power Development Board (PDB). Prior to his appointment, on November 13 as the PDB chief, Ali was member (project and development) of the same organisation. Md Khijir...

Salman, Sohel cleared of 2 fraud cases

2007-11-19 00:00:00

A Dhaka court Sunday cleared businessmen Salman F Rahman and Sohel F Rahman of funds embezzlement in two cases after the plaintiffs said that they had got their money back. Magistrate Al Mamun of the Chief Metropolitan Magistrate's Court for...

Body of youth recovered in city

2007-11-19 00:00:00

Police recovered the body of an unidentified young man from a hotel in the city's Mogbazar area Sunday morning. Informed by the staff of Porosh International Residential Hotel, police recovered the body, aged about 25, from Room No-24 at about...

Govt decides to expand fertiliser distribution

2007-11-19 00:00:00

FE Report The government has decided to expand the fertiliser distribution network by appointing sub-dealers at union levels to ensure easy access of farmers to the supply sources.At present there are 4,800 fertiliser dealers appointed by the Bangladesh Chemical Industries...

Dhaka Bank to further expand capital market operations

2007-11-19 00:00:00

FE ReportDhaka Bank Ltd, a leading private commercial bank (PCB), will further strengthen its operation in stock market."Dhaka Bank will be one of the top five brokerage houses in the stock market very soon and it is now well positioned...

Musharraf resists US call to end decree

2007-11-19 00:00:00

PESHAWAR, Nov 18(AP): Rival Sunni and Shiite Muslims clashed Sunday in a northwestern Pakistan town where three days of sectarian violence has left 91 people - most of them civilians - dead, officials said. The military said it was sending...

China sees fatal twist to inflation debate

2007-11-19 00:00:00

Geoff Dyer, FT Syndication ServiceSHANGHAI: A Tesco supermarket in a suburb of Shanghai announced late last month it would sell 3,000 bottles of cooking oil at half price. Hundreds queued and when the doors opened, there was a stampede. Nineteen...

Phulbari project: Asia Energy still hopeful of getting approval

2007-11-19 00:00:00

Asia Energy incurred a loss of 3,286,000 Pound Sterling in 12 months till June 30, 2007, at its Phulbari Coal Mine project in Bangladesh. According to an annual report of the Global Coal Management (GCM) ply, which owns the Asia...

Bank branches urged to save electricity

2007-11-19 00:00:00

FE Report The Bangladesh Bank (BB) will ask the commercial banks to check the misuse of electricity to help maintain the normal supply of power across the country. The advice will be made from a bankers' meeting to be held...

developments in the region and abroad

2007-11-19 00:00:00

Saudi gas pipeline fire kills 28 RIYADH, Nov 18 (Reuters) : Twenty-eight people were killed when a fire broke out in a gas pipeline near the Hawiyah gas plant in Saudi Arabia overnight, Saudi Aramco said on Sunday. The state...

12 corruption suspects asked to submit wealth statement

2007-11-19 00:00:00

The Anti-Corruption Commission (ACC) Sunday served notices to 12 corruption suspects including Dhaka City Corporation Mayor Sadek Hossain Khoka, Awami League (AL) presidium members Tofail Ahmed and Sajeda Chowdhury, and former Adviser to the caretaker government Justice Fazlul Haque, directing...

Two US Navy ships arriving to facilitate rescue work

2007-11-19 00:00:00

US chargé d' affaires in Dhaka Geeta Pasi said Sunday two US Navy ships would be in Bangladesh to facilitate rescue work in the cyclone-ravaged south, reports bdnews24.com. "The ships are coming as part of a series of military exercises...

Five-day REHAB Fair begins in city Nov 20

2007-11-19 00:00:00

FE ReportReal estate developers of the country are going to kick off their annual event, REHAB Fair-2007, in the city on November 20 with high hopes of spurring the real estate business after a lull over the last one year.The...

Dollar strong, call rate low

2007-11-19 00:00:00

FE ReportThe US dollar sustained its strength against the Bangladesh taka (BDT) Sunday in the inter-bank foreign exchange market with stable demand for the greenback, fund managers said.The market was moderately active due to weekend in the international market, they...

Imperative for early setting up of new power plants

2007-11-19 00:00:00

IT would be an understatement to say that power provides the most vital infrastructure for economic growth of the country. The 11-hour blackout across the country caused by the devastating cyclone Sidr from the Friday morning until the early hours...

Forgers put national ID card future at risk

2007-11-19 00:00:00

Shamsul Huq Zahid FORGERS have been using their ingenuity in the production of educational certificates, passports, visas, fake land records and deeds, counterfeit currencies etc., for a long time. The counterfeiters or forgers do belong to a breed that is...