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Frozen food exports can fetch $1b a year by 2015

2007-09-10 00:00:00

FE ReportBangladesh can fetch US$ 1.0 billion annually through export of frozen shrimps and fishes by 2015, frozen food exporters said Sunday.Export earning from the sector was recorded at US$ 526.76 million in fiscal 2006-07, which could easily be doubled...

Dollar, call rate stable

2007-09-10 00:00:00

FE ReportThe US dollar was stable against the Bangladesh taka (BDT) Sunday in the inter-bank foreign exchange market on moderate demand, while the call money rate maintained its steady level despite withdrawal of large amount of cash through reverse repurchase...

Govt seeks $150m ADB support for good governance

2007-09-10 00:00:00

The Ministry of Foreign Affairs (MoFA) sought US$ 150 million in Asian Development Bank (ADB) support for good governance in the country, in line with a UN convention, reports UNB/bdnews24.com.Foreign Adviser (FA) Iftekhar Ahmed Chowdhury made the request during a...

BIWTA suspends operations of two vessels

2007-09-10 00:00:00

FE Report The woes of passengers travelling by river route between Dhaka and Patuakhali have increased over the last week following suspension of plying permits of two large vessels by the Bangladesh Inland Water Transport Authority (BIWTA).According to informed sources,...

Former education minister ASHK Sadeque expires

2007-09-10 00:00:00

JESSORE, Sept 9 (UNB): Awami League (AL) leader and former education minister ASHK Sadeque died of cardiac arrest at his Keshabpur Upazila headquarters residence Sunday morning. He was 78.Family sources said the veteran politician, who came here alone Friday afternoon...

WB-sponsored meet calls for strengthening audit system in health sector

2007-09-10 00:00:00

Speakers at a donor-sponsored meet here Sunday underscored the need for strengthening the audit system to develop a robust and efficient financial management for the all-inclusive Bangladesh Health, Nutrition and Population Sector Programme (HNPSP), reports UNB."The age of unilateral auditing...

Teachers' community must have commitment to nation: President

2007-09-10 00:00:00

President Iajuddin Ahmed expressed his strong belief that the teachers' community must have a commitment towards the nation, which can inspire them to discharge duties with utmost sincerity and dedication, reports UNB."A teacher is the guide, philosopher and a trusted...

Three drowned in floodwater in Kurigram

2007-09-10 00:00:00

KURIGRAM, Sept 9 (UNB): Three people including a little boy drowned in floodwater in separate villages of Nageswari Upazila Saturday-Sunday.Sources said Majiron (55) and Babu (8) of Takimari village drowned Saturday night while Balijon (55) of Dhakuamari village drowned Sunday...

Three killed, five injured in road accident in Ctg

2007-09-10 00:00:00

CHITTAGONG, Sept 9 (UNB): Three people were killed and four others injured in a head-on collision between a night-coach and a truck at Fakirhat in Sitakunda Upazila Sunday morning.Witnesses said the Dhaka-bound goods-laden truck while overtaking a bus collided with...

Geoffrey Holland of ORBIS Int'l arrives in city today

2007-09-10 00:00:00

FE ReportORBIS International Execu-tive Director Geoffrey Holland arrives in the city today (Monday) on a four-day visit to Bangladesh from September 10 to September 13.During his visit, he will meet President Iajuddin Ahmed and Health Adviser ASM Matiur Rahman.Holland will...

Indonesia donates $100,000 to CA's relief fund

2007-09-10 00:00:00

Indonesia has donated $100,000 to the Chief Adviser's Relief Fund for the country's flood victims, reports UNB.Foreign Adviser Iftekhar Ahmed Chowdhury received a cheque for the amount from Indonesian Ambassador in Dhaka Warmas Hasan Saputra at the ministry Sunday morning.They...

Non-formal Edn Bureau holds seminar

2007-09-10 00:00:00

FE ReportThe Non-formal Education Bureau Sunday arranged a seminar on 'non-formal education policy: implication strategy' in the city.The bureau organised the seminar on the occasion of International Literacy Day.Acting secretary of ministry of primary and mass education Mohsarof Hossain Bhuiyan...

Diversified use of jute stressed

2007-09-10 00:00:00

RAJSHAHI, Sept 9 (BSS): Specialists here Sunday underscored the need for ensuring diversified uses of jute to regain its past glory.They said the economic condition of the people who were directly or indirectly involved in the jute sector could also...

Exams under DU Medical Sciences Faculty from Sept 15

2007-09-10 00:00:00

The viva voce, practical and clinical examinations of MD/MS/MPhil/Diploma/MPH courses under post-graduate Medical Sciences and Research Faculty of Dhaka University will be held from September 15 as per the previous schedule, reports UNB.The fresh schedule of the postponed examinations that...

Heavy downpour paralyses normal life in Barisal region

2007-09-10 00:00:00

BARISAL, Sept 9 (UNB): Heavy downpour for the last three days in Barisal region paralysed normal life and created uncertainty in agriculture, fishing and communication sectors.Aman paddy on vast tracts of land went under water due to the torrential rains....

APEC leaders urge speedy Doha trade deal

2007-09-10 00:00:00

SYDNEY, Sept 9 (Reuters): Asia-Pacific leaders said on Sunday they saw "real progress" in world trade talks now underway in Geneva and pledged flexibility and the political will to forge a deal by the end of 2007.The 21-member Asia Pacific...

No single answer to S-E Asia's greying population

2007-09-10 00:00:00

SINGAPORE, Sept 9 (AFP): Southeast Asia must start to address the challenges posed by its growing ranks of greying citizens which, if ignored, could have long-term political implications for the region, experts say. Some Southeast Asian countries such as Singapore...

China gains increasing sway in world arena

2007-09-10 00:00:00

DALIAN, Sept 9 (CEIS): As the global meeting of the World Economic Forum (WEF) comes from the Swiss ski resort Davos, where it has been held for decades, to an oriental port city, the world once again casts its eyes...

'Democracy not a hindrance in Indian economic growth'

2007-09-10 00:00:00

DALIAN, Sept 9 (PTI): Despite political difficulties and uncertainties often plaguing India, the country's vibrant democratic structure is a help rather than hindrance to the economic growth, according to panelists at the World Economic Forum (WEF). This view emerged at...

Storm clouds gather for US economy as job growth stalls

2007-09-10 00:00:00

WASHINGTON, Sept 9 (AFP): The US economic outlook has suddenly darkened in the wake of data showing a stalling of the job growth machine, raising risks that a housing slump will lead to a full-blown recession, analysts say. Friday's data...

Private firm finds profits in special education

2007-09-10 00:00:00

NASHVILLE, Tenn, Sept 9 (AP): Mark Claypool left social work jaded by how special education students were shuffled around and ignored in public schools. He had one radical idea: The best way to teach special education students would be to...

Nepal economy maintains 3.4pc growth in last 5 years

2007-09-10 00:00:00

KATHMANDU, Sept 9 (Xinhua): The tenth five-year plan of Nepal ending in mid-July witnessed annual economic growth at 3.4 per cent, according to local newspaper The Rising Nepal today. A report issued by Nepal Rastra Bank, the central bank, said...

Pakistan to hold trade talks with EFTA in Oct

2007-09-10 00:00:00

ISLAMABAD, Sept 9 (APP): The government plans to hold the first round of talks on a free trade agreement (FTA) with the European Free Trade Association (EFTA) next month to increase the level of trade between the two sides. The...

Asian currencies end week up against dollar

2007-09-10 00:00:00

HONG KONG, Sept 9 (AFP): Asian currencies ended the week mostly higher against the dollar, as expectations grew that the US central bank will cut interest rates later this month. JAPANESE YEN: The yen rose against the dollar amid growing...

OPEC ministers meet to assess tense oil market

2007-09-10 00:00:00

PARIS, Sept 9 (AFP): OPEC ministers are to begin arriving in the Austrian capital today for a meeting at the oil cartel's headquarters later in the week, with the 12-member club under pressure to raise output. Analysts, previously convinced the...

Iraq to open oil sector to more foreign firms

2007-09-10 00:00:00

NICOSIA, Sept 9 (AFP): A former Iraqi oil minister says the future development of the country's rich oil reserves will include a wide range of foreign companies, and not just US contractors. Thamir Ghadhban told the Middle East Economy Survey...

Gold touches seven month high

2007-09-10 00:00:00

NEW DELHI, Sep 9 (PTI): Gold prices surged to seven months high level in the bullion market yesterday on increased stockists buying ahead of festivals amid firming global trend and closed higher by Rs.90 at Rs.9,390 per ten gramme. Trading...

Turkish goods flood Armenia despite tensions, closed border

2007-09-10 00:00:00

YEREVAN, Sept 9 (AFP): Barreling along at breakneck speeds, Turkish trucks loaded with goods are a common sight on the winding highways of Armenia, showing that for many Armenians the desire for a bargain outweighs historic hatred. "What's important for...

Five banks extend Tk 390m loan to Wisteria Textile

2007-09-10 00:00:00

FE ReportA total of five banks led by Agrani Bank have entered an agreement with Wisteria Textile Limited to provide a loan worth Tk 390 million (39.00 crore) to the textile mill, said a press release.The five banks are Agrani,...

Inclement weather hits jute output in Rajshahi

2007-09-10 00:00:00

Our CorrespondentRAJSHAHI, Sept 9: Although jute was cultivated on more lands than last year, the farmers in the district failed to have a good harvest mainly due to inclement weather.As farmers made good profit by selling jute last year, this...