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No surprises as Dunga names Brazil squad

2007-11-02 00:00:00

RIO DE JANEIRO, Nov 1 (AFP): Brazil coach Dunga on Wednesday announced a largely his squad for the South American zone World Cup 2010 qualifying matches against Peru in Lima on November 18 and Uruguay at Sao Paolo three days...

Separation of the judiciary from the executive

2007-11-01 00:00:00

The separation of the judiciary from the executive from today is indeed a significant event in the history of Bangladesh. There were many reasons for eagerly waiting for this development. First of all, the judiciary's separation has been an unfulfilled...

Are stock prices running afoul of fundamentals?

2007-11-01 00:00:00

Enayet RasulA bullish trend in the share market should be ordinarily welcome. It motivates people buy and sell shares to make money and invest in securities. But a bullish trend, fed entirely by the prospect of making a fast buck...

India's over-weight and over-stressed rich

2007-11-01 00:00:00

Amy YeeIN a bustling working-class neighbourhood in west Delhi, doctors and nurses recently set up a clinic to offer free check-ups. About 450 residents took part in the "heart camp" to check their blood pressure and blood sugar and even...

Fine-tuning the investigation process

2007-11-01 00:00:00

Mahmudul HaqueCHARGES started by the government against the nabobs of corruption of the past regimes, were generally welcomed by people. The more appreciated action has been taking most of the charged ones under custody. The ones against whom the due...

Supporting export activities

2007-11-01 00:00:00

FOR export activities to substantially increase, the factor of greatest significance is greater dynamism on the part of the exporters themselves. It was suggested long ago that even in the export of RMG Bangladeshi exporters could further diversify their markets....

Saving transportation costs

2007-11-01 00:00:00

A recent newspaper report, quoting a study sponsored by one of the multilateral capital donors stated that the Bangladesh economy can gain from 1.0 per cent rise in its total economic output and foreign trade by 20 per cent if...

Maintenance of public transports

2007-11-01 00:00:00

RECKLESS driving is rampant in our country. It is particularly a very common practice, particularly among the drivers of public transports. From a rickshawpuller to a bus or truck driver, everyone indulges in reckless driving and causes damage to either...

Landless farmers in India demand a piece of the action

2007-11-01 00:00:00

Bharat DograAs India revelled over the emergence of homegrown businessman Mukesh Ambani as the world's richest person, following a stock market spike this week, landless labourers and socially marginalised groups marched into the capital by the thousand demanding a piece...

Iraq: when Blackwater kills, no questions asked

2007-11-01 00:00:00

Ali al-Fadhily The recent attacks by Blackwater USA mercenaries in Baghdad are far from the first -- and many believe they will not be the last.Seventeen Iraqis were killed Sep. 16, and another 27 wounded at Nisoor square in western...

Power cuts lead to sewage spills in S Africa

2007-11-01 00:00:00

Steven LangSewage plants in South Africa's northern Gauteng Province poured millions of litres of untreated waste into three rivers between the capital, Pretoria, and the commercial centre of Johannesburg earlier this month. National power utility Eskom cut electricity to the...

Chinese consumers prefer own products

2007-11-01 00:00:00

Geoff DyerMOST Chinese consumers say they trust domestic brands more than foreign ones, according to a McKinsey survey that amounts to a stark warning for multinational companies about nationalist sentiment in China's booming market.In spite of the furore this year...

Farm owners face acute dairy, poultry feed crisis in B'baria

2007-11-01 00:00:00

Our CorrespondentBRAHMANBARIA, Oct 31: Owners of both dairy and poultry farms here are in trouble due to acute crisis of dairy and poultry feed, sources said.Local farm owners said that although dairy and poultry farms have grown in numbers in...

Most Asian markets rise

2007-11-01 00:00:00

BANGKOK, Oct 31 (AP): Most Asian markets rose Wednesday, although many markets just eked out gains as traders waited to see whether the US Federal Reserve will cut its key interest rate.BANGKOK: Thailand's main stock index inched up just 0.06...

Dhaka Bank, Legend Car sign MoU

2007-11-01 00:00:00

FE Report A memorandum of understanding (MoU) was signed between Dhaka Bank Ltd (DBL) and Legend Car, a company engaged in the business of reconditioned vehicles, at the DBL head office in the city recently, said a press release.Under the...

TCL to organise course on project management with Primavera software

2007-11-01 00:00:00

FE ReportThe Computers Ltd (TCL), a partner of India-based CADD Centre, will organise a week-long course on 'Project Management with Primavera Software' in November at TCL's Dhaka and Chittagong centres. The course instructor is a Primavera-certified project management faculty from...

Hosaf Group refutes report on coalmine project

2007-11-01 00:00:00

Hosaf Group in a statement Wednesday strongly protested some comments published in a national daily on Monday about involvement of its managing director Moazzam Hossain in awarding a contract to a Chinese company by the Petrobangla, said a press release...

corporate watch

2007-11-01 00:00:00

Dividends Atlas Bangladesh: The board of directors of Atlas Bangladesh has recommended 125 per cent cash and 1B:4 stock dividends (one bonus share for every four existing shares) for the year 2006-2007. The annual general meeting (AGM) of the company...

Tata Steel inks pact with Vietnam Steel Corp

2007-11-01 00:00:00

MUMBAI, Oct 31 (PTI): Tata Steel, the world's sixth largest maker of the alloy, said today it has signed an initial agreement with Vietnam Steel Corporation (VSC) for setting up a cold rolling mill in the South East Asian nation.A...

Citigroup inks pact to buy Japan's Nikko

2007-11-01 00:00:00

NEW YORK, Oct 31 (Reuters): Citigroup Inc said Wednesday it has signed an agreement to acquire all of Nikko Cordial Corporation, Japan's third-largest brokerage, paying about US$4.6 billion for the 32 per cent it does not already own.

Leaseholders collecting excess tolls from bazaars in Comilla

2007-11-01 00:00:00

COMILLA, Oct 31 (BSS): Leaseholders of different 'hats' and bazars in the district have been collecting tolls from the traders and shop-owners at higher rates than the rates fixed by the government.Mandatory public displaying of toll charts in the 'hats'...

Govt prepares list of 98 SoEs for privatisation

2007-11-01 00:00:00

Naim-Ul-KarimThe government has prepared a list of 98 state-owned enterprises (SoEs) for privatisation, sources said.Of the SoEs, they said, 25 are from jute sector, 22 from textile sector, 27 from steel engineering and miscellaneous sector, 14 from sugar and food...

Demand for curb in spiralling of prices in Ctg markets

2007-11-01 00:00:00

Our CorrespondentCHITTAGONG, Oct 31 People in the port city have urged the government to curb the abnormal rise in prices of essential commodities such as rice, onion, pulses, 'ata', edible oil, powder milk, flour, etc., sources said.The spiralling price level...

Berger honours young architects

2007-11-01 00:00:00

FE ReportBerger Paints Bangladesh Ltd (BPBL), in association with the Institute of Architects Bangladesh (IAB), hosted a prize-giving ceremony of the Berger Award for Excellence in Architecture recently. The event took place at a city hotel Monday, said a press...

StanChart director in city

2007-11-01 00:00:00

FE ReportLord Adair Turner, non-executive director of Standard Chartered (StanChart) plc, arrived in Dhaka Wednesday on a three-day official visit to Bangladesh, according to a press release. During his stay, he, along with the Governor of Bangladesh Bank, Salehuddin Ahmed,...

Westin Dhaka to launch 'Unwind' today

2007-11-01 00:00:00

FE ReportWestin Dhaka, country's one of the luxury hotels, will launch a nightly social event titled 'Unwind' today (Thursday) aiming to bring a refreshed mood among the guests for their night time activities."The evening ritual brings energy to the public...

Myanmar monks march as UN envoy prepares return visit

2007-11-01 00:00:00

YANGON, Oct 31 (AFP): About 100 Buddhist monks marched Wednesday in central Myanmar for the first time since the junta's deadly crackdown on anti-government protests last month, witnesses said. The peaceful demonstration came as officials said UN envoy Ibrahim Gambari...

Pakistan sees Al-Qaeda link to blast near Musharraf HQ

2007-11-01 00:00:00

ISLAMABAD, Oct 31 (AFP): Pakistani police said Wednesday that Osama bin Laden's Al-Qaeda network and the Taliban are likely linked to a suicide attack near President Pervez Musharraf's army office that killed seven people. Tuesday's blast in the garrison town...

Saudi king to meet Britain's Brown over Middle East peace

2007-11-01 00:00:00

LONDON, Oct 31 (AFP): King Abdullah of Saudi Arabia is to meet with British Prime Minister Gordon Brown Wednesday to discuss the Middle East peace process and counter-terrorism amid a state visit that has sparked protests and controversy. On the...

Regional conference to focus on Iraq

2007-11-01 00:00:00

BAGHDAD, Oct 31 (AP): The Iraqi foreign minister said Wednesday that this weekend's regional conference in Istanbul must focus only on Iraq's security and stability, not the border crisis over Turkey's threatened incursion against Kurdish rebels. The high-level meeting Saturday...