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Styris, McMillan do it for Kiwis

2007-09-19 00:00:00

''You have to be really thinking on your feet," said Daniel Vettori before this match. New Zealand did just that - recovering from 31 for 4 thanks to the big-hitting best of Scott Styris and Craig McMillan and then throttling...

Beckham and Galaxy to play in New Zealand

2007-09-19 00:00:00

WELLINGTON, Sept 18 (AFP): English football icon David Beckham will play in an exhibition match in Wellington in December with his new club Los Angeles Galaxy, local football officials said Tuesday. The Galaxy will play Wellington Phoenix, newcomers to Australia's...

Rooney's return perfectly timed for United

2007-09-19 00:00:00

LISBON, Sept 18 (AFP): Sir Alex Ferguson will let Wayne Rooney off the leash as Manchester United start their Champions League challenge at Sporting Lisbon Wednesday. Rooney has been sidelined since breaking a metatarsal bone in United's first match of...

Canada, Australia go head-to-head for World Cup glory

2007-09-19 00:00:00

CHENGDU, Sept 18 (AFP): Canada and star striker Christine Sinclair stand between Australia and World Cup history on Wednesday as the two rivals prepare to go head- to- head in their final group game. A revelation of the 2007 tournament,...

Styris, McMillan do it for Kiwis

2007-09-19 00:00:00

''You have to be really thinking on your feet," said Daniel Vettori before this match. New Zealand did just that - recovering from 31 for 4 thanks to the big-hitting best of Scott Styris and Craig McMillan and then throttling...

Dhoni to lead India’s ODI squad

2007-09-19 00:00:00

Mahendra Singh Dhoni's rapid career rise continued with his appointment Tuesday as captain of India's one-day team for the home series against Australia and Pakistan. The selectors, who made that decision in Mumbai today, also picked the squad for the...

Hatton, Mayweather exchange verbal jabs

2007-09-19 00:00:00

LOS ANGELES, Sept 17 (AFP): Unbeaten fighters Floyd Mayweather and Ricky Hatton began the buildup to their December 8 duel in Las Vegas with some verbal sparring Monday. At a press conference in the Hollywood tourist haven of Universal City...

Ndereba gets career boost

2007-09-19 00:00:00

NAIROBI, Sept 18 (AFP): Kenyan prisons department has promoted world marathon title holder Catherine Ndereba owing to her exemplary performance in athletics, reports said Monday. Kenyan Prisons Commandant Gilbert Omondi promoted Nderebe from officer 2 to officer 1, owing to...

IMF pulls back from signing PSI agreement with govt

2007-09-19 00:00:00

FE ReportBuckling under pressure from the business and civil society groups, the International Monetary Fund (IMF) has pulled back from pressing the caretaker authority to seal the much-debated Policy Support Instrument (PSI) pact. The global policy lender has, however, said...

Rise in LC settlements creates fresh pressure on forex market

2007-09-19 00:00:00

FE Report Increase in the settlements of letters of credit (LC) against imports especially for Ramadan period has created a fresh pressure on the country's inter-bank foreign exchange market. The use of third currency has simultaneously increased with the US...

A difficult ride for banks

2007-09-19 00:00:00

Shamsul Huq Zahid The government has frozen 35 fixed deposit receipts (FDRs) worth Tk 27 million, reportedly, belonging to former BNP minister Barrister Moudud Ahmed. Moudud invested his money in those FDRs against the names of some 'fake' individuals. That...

DU teacher sent to jail after surrender

2007-09-19 00:00:00

DU CorrespondentDhaka University teacher of Applied Physics Department Nimchandra Bhowmik was sent to jail after he surrendered before the Chief Metropolitan Magistrate's Court in Dhaka Tuesday. Bhowmik, also provost of the university's Jagannath hall, produced himself before the court of...

Ershad acquitted in gold smuggling case

2007-09-19 00:00:00

Former president and Jatiya Party Chairman H M Ershad has been acquitted in the gold smuggling case filed 16 years back, reports UNB.First Additional Metropolitan Sessions Judge Md Abul Bashar pronounced the verdict Tuesday.Earlier, the judgment was adjourned for seven...

Rental power plants to pay less for importing equipment

2007-09-19 00:00:00

Doulot Akter MalaThe National Board of Revenue (NBR) has decided to reduce duties and taxes levied against import of equipment for rental power plants to help them sell electricity to the power division at a reduced rates.The existing tax incidences,...

MoF may ask banks to deal with their clients neutrally

2007-09-19 00:00:00

Shakhawat Hossain The Ministry of Finance (MoF) is likely to instruct commercial banks to maintain its relations with their clients neutrally, official source said.The MoF has already sought approval from Adviser Mirza Azizul Islam in this connection as part of...

Gastright for extra steps to restore democracy early

2007-09-19 00:00:00

The US government look forward to additional steps by Bangladesh to restore democracy as soon as possible, visiting American Deputy Assistant Secretary of State John Gastright said Tuesday during a meeting with the Chief Election Commissioner (CEC), report agencies."Full democracy...

Naser Rahman jailed for 9 yrs for extortion

2007-09-19 00:00:00

SYLHET, Sept 18 (UNB/ bdnews24.com): Former BNP MP Naser Rahman, son of former finance minister M Saifur Rahman, was Tuesday jailed for nine years while three others for five years on charges of attempted extortion and physical assaults. Judge of...

NBR clarifies SRO on undisclosed income

2007-09-19 00:00:00

FE ReportThe National Board of Revenue (NBR) in a clarification Tuesday said the taxpayers whose self-assessed returns are awaiting clearance would be entitled to avail themselves of SRO 98 and legalise their undisclosed money within November 30 next.The board has...

More than 50 now can gather in indoor political party meet

2007-09-19 00:00:00

The Home Ministry Tuesday vested power to the Dhaka Metropolitan Police (DMP) commissioner to allow more than 50 members in an indoor political party meeting. But it will require permission of the DMP commissioner 48 hours before such meeting, said...

Govt given until Oct 31 on judiciary separation

2007-09-19 00:00:00

The Supreme Court (SC) Tuesday ordered the government to complete all procedures of separating the judiciary from the executive by Oct 31. A full bench of the Appellate Division of the SC, headed by Chief Justice Md Ruhul Amin, issued...

Three-man delegation off to Malaysia

2007-09-19 00:00:00

A three-member Bangladesh delegation has left the city for Malaysia Tuesday night to make a spot survey about the condition of the Bangladeshi workers in Malaysia. During the three-day official visit, the delegation, led by Secretary of Expatriate Welfare and...

86 cos to be awarded nat'l export trophy

2007-09-19 00:00:00

FE Report The government is set to award the National Export Trophy (NET) to 86 companies for their outstanding export performance during the period 2002-03 to 2004 -05, sources said.The NET is being awarded after a gap of two years...

Stocks continue to decline for third consecutive day

2007-09-19 00:00:00

FE ReportThe stock prices on the Dhaka Stock Exchange (DSE) continued to decline for the third consecutive day Tuesday due to cautious trading by the investors.The cautious trading brought down the share prices of most of the banking, insurance and...

Global drive to recover stolen assets

2007-09-19 00:00:00

Eoin Callan FT Syndication ServiceWASHINGTON: The cross-border flow of illicit proceeds of corruption and corporate wrongdoing should be intercepted by rich countries and returned to the poor, the World Bank and United Nations said on Monday.The development bank and the...

BB relaxes rules on general provision against off-balance sheet financing

2007-09-19 00:00:00

FE Report The Bangladesh Bank (BB) has relaxed its rules relating to maintaining the general provision against off-balance sheet financing in line with bankers' request, official sources said. Under the amended rules, the banks will have to maintain 0.50 per...

CA leaves for NY Saturday to attend UNGA session

2007-09-19 00:00:00

Chief Adviser (CA) Fakhruddin Ahmed leaves for New York on September 22 (Saturday) to attend the 62nd session of the United Nations General Assembly (UNGA) in the UN headquarters, where he would present an update on Bangladesh affairs, reports UNB.It...

Govt ready for legal battle against US NGO's petition for GSP withdrawal

2007-09-19 00:00:00

FE ReportThe government has been preparing itself for a legal battle in the United States (US) against a petition filed by a US non-government organisation (NGO) for withdrawal of the generalised system of preference (GSP) facility from Bangladesh claiming violation...

DSE seeks SEC clearance for Phoenix Finance listing

2007-09-19 00:00:00

FE ReportThe listing sub-committee of the Dhaka Stock Exchange (DSE) Monday referred the matter relating to the listing of Phoenix Finance and Investments Ltd to the Securities and Exchange Commission (SEC) to avoid legal complexities.As per law, the company's listing...

EC to urge govt to lift ban on indoor politics countrywide

2007-09-19 00:00:00

The Election Commission (EC) would request the government in December to lift the ban on indoor politics across the country, reports UNB."We'll go to the government in December and request to lift the ban (on indoor politics) countrywide…Because we are...

AL urges govt to lift ban on indoor politics totally

2007-09-19 00:00:00

Awami League (AL) Tuesday urged the caretaker government to lift ban on indoor politics and give permission to open political party offices across the country, reports UNB.Senior Awami League presidium member Sayeda Sajeda Chowdhury made the plea at the end...