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BB continues intervention in forex market

2007-10-31 00:00:00

FE Report The Bangladesh Bank (BB) has continued its intervention in the inter-bank foreign exchange market through increasing supply of greenback that would help to bring back stability in the market. The central bank sold US$12 million at a rate...

EC agrees in principle to ban religion-based politics

2007-10-31 00:00:00

The Election Commission (EC), at its dialogue with Jatiya Samajtantrik Dal (JSD-Inu) Tuesday, agreed in principle to ban religion-based politics in the country, report bdnews24.com and UNB.The EC also agreed in principle to make war criminals as well as anti-liberation...

39 Bangladeshis rounded up in Malaysia after gang fight

2007-10-31 00:00:00

FE ReportMalaysian police has rounded up 39 Bangladeshi workers after a gang fight that seriously wounded seven people, including two locals of that country."A gang fight involving Bangladeshis and locals ensued near a foreign workers' hostel resulting in two locals...

Stock prices continue to decline on DSE

2007-10-31 00:00:00

FE ReportStock prices declined for the third consecutive day on Dhaka Stock Exchange (DSE) Tuesday on a rumour that institutional investors have become cautious while buying some of the over-heated issues.The market is also affected because upbeat investors are taking...

Trade remedy measures 'won't help SMEs to reap benefit from WTO'

2007-10-31 00:00:00

FE Report Bangladesh needs to handle the issues related to trade facilitation and removal of non-tariff barriers with due care to ensure more access of the country's products to the global market as well as benefit from the World Trade...

Uncertainty worst thing for businessmen, says EC delegation chief

2007-10-31 00:00:00

Head of European Commission (EC) Delegation Ambassador Dr Stefan Frowein said, if any action in political field made foreign direct investment or predictability of economic activities difficult, the government and the people of Bangladesh would have to find the redress,...

ICB to float 2nd NRB mutual fund involving Tk 1.0b

2007-10-31 00:00:00

FE ReportThe Investment Corporation of Bangladesh (ICB) will float its second ICB non-resident Bangladeshi (ICBNRB) mutual fund worth Tk 1.0 billion (100 crore) early next year.ICB Managing Director Ziaul Haque Khandaker made the disclosure at its 31st annual general meeting...

Paturia-Daulatdia Padma Shetu Bastobayon media council formed

2007-10-30 00:00:00

FE Report The Paturia-Daulatdia Padma Shetu Bastobayon Media Council was formed in a meeting at Dhanmondi in the city recently to fulfill the demand for the construction of a rail-cum highway bridge over the Padma River at Paturia-Daulatdia point in...

Depression over southwest Bay moves northwest

2007-10-30 00:00:00

The depression over southwest Bay and adjoining southeast Bay moved northwest and now lies over west central Bay and adjoining southwest Bay at about 6:00 am Monday, reports UNB.It was centred about 1,545 kilometres southwest of Chittagong port, 1,500 kilometres...

Colloquium on gender, culture, law begins in city today

2007-10-30 00:00:00

A two-day Commonwealth Asia Colloquium on "Gender, Culture and Law" will begin at Hotel Sheraton in the city Tuesday, reports UNB.Women and Children Affairs Ministry has organised the colloquium under the auspices of the Commonwealth Secretariat.Women and Children Affairs Adviser...

Young man dies in police custody

2007-10-30 00:00:00

NARSINGDI, Oct 29 (UNB): On the third day of introducing the Model thana here, mystery shrouded the death of a young man in police custody Sunday night.Local sources said police arrested Morshed Rana (27), son of Surat Miah, from in...

Police seize huge spurious drugs

2007-10-30 00:00:00

Police recovered 2,190 bottles of Phensidyl and another 340 bottles of intoxicating syrup and also arrested eight people from Chapainawabganj, Dinajpur and Comilla Sunday, reports UNB.In Chapainawabganj, police, acting on a tip-off, recovered 1,700 bottles of Indian Phensidyl syrup from...

100 injured as police charge baton on farmers

2007-10-30 00:00:00

MOULVIBAZAR, Oct 29 (UNB): Police charged batons on the farmers when they forcibly entered into the sale centre under Kulaura Upazila to collect Boro-seeds on Sunday, leaving at least 100 of them injured. Sources said several thousand farmers of six...

Obituary

2007-10-30 00:00:00

ATM Abdul Wahed, founder of Pioneer Printing Press Limited and youngest brother of late former MP MA Mohaimen, died of cardiac arrest at his Rajarbag residence Saturday. He was 76. He left behind his only son Abdul Baset and daughter...

Rajshahi crush Barisal Division, Khulna-Ctg match drawn

2007-10-30 00:00:00

Rajshahi Division registered an emphatic eight-wicket win over Barisal Division on the 4th day of the 2nd round four-day match of Ispahani Mirzapore Tea 9th National Cricket League at the Rajshahi Divisional Stadium Monday, reports UNB.With the day's win, Rajshai...

Pakistan choke in sight of victory

2007-10-30 00:00:00

It's South Africa who are normally weighed down by the word 'choke' but Pakistan did just that in the final stages of their run-chase in Lahore, freezing at the threshold of an important series win. The game was in the...

Federer retains No 1 for 4th straight year

2007-10-30 00:00:00

BASEL (Switzerland), Oct 29 (AP): Roger Federer beat Jarkko Nieminen 6-3, 6-4 Sunday to win his second straight Swiss Indoors and retained the No 1 ranking for the fourth consecutive year.Federer joins Pete Sampras, Jimmy Connors, John McEnroe and Ivan...

Poyet named Ramos' assistant at Spurs

2007-10-30 00:00:00

LONDON, Oct 29 (AFP): Tottenham Monday confirmed Leeds assistant manager and former Spurs player Gus Poyet will move to White Hart Lane as first team coach.The 39-year-old former Spurs midfielder will be one of two first team coaches with Marcos...

Lula leads Brazil in last push to host 2014 WC

2007-10-30 00:00:00

ZURICH, Oct 29 (AP): Brazilian President Luiz Inacio Lula da Silva was flying to Zurich with a star-studded entourage Monday to push his country's bid to host the 2014 World Cup.Even though Brazil is the only candidate, FIFA president Sepp...

Muralitharan takes 4 wkts as SL draws tour opener

2007-10-30 00:00:00

ADELAIDE, Oct 29 (AP): Star spinner Muttiah Muralitharan took four wickets for 121 runs to lead Sri Lanka's bowlers in a drawn three-day tour match against the Cricket Australia Chairman's XI which ended Monday.Muralitharan, on 700 test wickets, will attempt...

Singapore soccer coach fumes after farcical scenes

2007-10-30 00:00:00

SINGAPORE, Oct 29 (AFP): Fuming Singapore coach Raddy Avramovic has slammed Palestine as unprofessional after his side was forced to kick-off without an opponent in their World Cup qualifying match here. In farcical scenes, Singapore had to take the field...

Torres out for three weeks

2007-10-30 00:00:00

LONDON, Oct 29 (AFP): Liverpool striker Fernando Torres will be sidelined for three weeks after suffering an adductor injury in his side's draw against Arsenal.The Spain international sustained the problem early in the Premier League clash at Anfield Sunday and...

Chopra wins at Ginn

2007-10-30 00:00:00

PORT ST LUCIE, Oct 29 (AP): Daniel Chopra tapped in for par, then pumped his right fist into the air. Finally, victory was his.Chopra re-claimed the lead with a birdie at the par-5 16th hole Monday morning and held on...

BNP means Khaleda, it won't take part in meaningless election: Shah

2007-10-30 00:00:00

Bangladesh Nationalist Party (BNP) means Khaleda Zia and the party would not take part in any meaningless election.Adviser to BNP chairperson ASM Hannan Shah Monday said this while talking to journalists at his residence in the city Monday, reports UNB."BNP...

Media a vulnerable fourth estate, society and state must protect it

2007-10-30 00:00:00

The media is the vulnerable 'fourth estate' and the society and the state must protect their fullest freedom.Adviser for Foreign Affairs Iftekhar Ahmed Chowdhury made the remark while speaking at the concluding session of a conference on 'Media Reporting Armed...

Anti-corruption drive should be balanced with economic growth: German envoy

2007-10-30 00:00:00

German Ambassador Frank Meyke suggested that the current anti-corruption drive should be balanced with economic growth and public interest so both the tasks advance concurrently, reports UNB."It needs a right balance -- fight against corruption and protect economy and public...

Task force probing into wealth of ex AL lawmaker Atiq

2007-10-30 00:00:00

SHERPUR, Oct 29 (UNB): Task force investigating the wealth of former lawmaker of Awami League (AL) Atiqur Rahman Atiq Monday visited his village home at Baroghoria in Sadar Upazila.Lawmaker for two consecutive terms Atiq was listed as corrupt-suspect by the...

Ex-Jamaat MP surrenders in Ctg court, sent to jail

2007-10-30 00:00:00

CHITTAGONG, Oct 29 (UNB): Former Jamaat-e-Islami lawmaker Shahjahan Chowdhury, who went into hiding after the January 11 changeover, surrendered to a makeshift court in the port city Monday morning.Court sources said the ex-lawmaker appeared in the court at about 11:30...

Govt formulates Privatisation Regulation '07

2007-10-30 00:00:00

FE Report The government has formulated 'privatisation regulation 2007' and it is expected to be approved soon by the Council of Advisers."The government has formulated the regulation to make privatisation process of State Owned Enterprises (SoEs) prompt and transparent," Abu...

Saudi prince aides yet to meet any ministry, PC officials

2007-10-30 00:00:00

FE ReportThe visiting team of the Saudi prince is yet to get any appointment with the officials of the finance ministry and the privatisation commission (PC), the two government bodies involved in divestment of largely state-owned Rupali Bank.Talking to the...