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At the beginning of beginning

2007-10-06 00:00:00

Syed Fattahul AlimSecret of the early universe is still a subject of great controversy and debate among the scientists. That the universe as we see it started from a singularity through the Big Bang is now a well-established theory. But...

Russian gas pipeline more likely than EU's Nabucco

2007-10-06 00:00:00

Anna Mudeva and Thomas GroveA major Kremlin-backed gas pipeline may have a better chance of supplying Europe with new gas than the much-touted EU-backed Nabucco project, designed to ease the bloc's dependence on Russia, analysts say.Although both projects are riddled...

Malnutrition cripples children in Bangladesh

2007-10-06 00:00:00

Rashada Akther Shimul At 4, Saquib looks half his age and sickly. The parents are worried about their only child. The boy's physical growth has been slow and his mother blames it on the child's lack of appetite. The boy's...

NCBs' corporatisation comes under fresh scrutiny

2007-10-06 00:00:00

FE ReportThe council of advisers is likely to take a further look at the corporatisation process of three nationalised commercial banks, still caught in bureaucratic tangle.The finance ministry has taken the move to obtain the final say, if any, from...

NCT management to be under joint venture

2007-10-06 00:00:00

Jasim Uddin HaroonThe government has decided that foreign companies vying for taking over the management of the New Mooring Container Terminal (NCT) will have to form joint ventures with local companies. The foreign operator will have 62.5 per cent shares...

Workers vandalise Savar factory for arrears, bonus

2007-10-06 00:00:00

SAVAR, Oct 5 (bdnews24.com): Workers Friday vandalised a garment factory at the Dhaka Export Processing Zone (DEPZ) in Savar demanding payment of arrear salaries and Eid bonus. Similar protests were reported from another factory. Savar Police Station sub-inspector Moniruzzaman said...

Agreements on small IPPs from this week

2007-10-06 00:00:00

S M JahangirThe relevant government agencies are expected to start signing agreements with the selected bidders from this week in phases on the installation of 10 small power units under private initiative."The draft of the contract documents will get clearance...

1st batch of workers go to S Korea by year-end

2007-10-06 00:00:00

The first batch of about 3,000-4,000 Bangladeshi workers are likely to leave for South Korea under the Employment Permit System (EPS) by the end of this year, reports UNB.Bangladesh and South Korea signed an MoU on the EPS during Foreign...

USTR seeks more clarifications from stakeholders

2007-10-06 00:00:00

Naim-Ul-KarimThe office of the US Trade Representative (USTR) in Washington, at a hearing on the complaints against violation of labour rights has asked all stakeholders to submit further clarifications and documents in support of their statement within October 19.The hearing...

Eid shopping slows down NBR drive to net new taxpayers

2007-10-06 00:00:00

Doulot Akter MalaThe ongoing countrywide tax survey being conducted by the National Board of Revenue (NBR) has slowed down recently as shopkeepers at city markets are busy in dealing with a huge rush of Eid shoppers, an NBR high official...

We want unity of BNP to win next polls: Bhuiyan

2007-10-06 00:00:00

BNP rebel leader Abdul Mannan Bhuiyan Friday said corruption cannot be rooted out through jail or repression only, it needs social movement to do it, reports UNB.Talking to reporters at his Gulshan residence, he said a corruption-free society would have...

AL demands Hasina's release before Eid

2007-10-06 00:00:00

Awami League Friday demanded release of detained party president and ex-Prime Minister Sheikh Hasina ahead of Eid, reports UNB."It's good that Eid-ul-Fitr is approaching… it'll be more joyful for us if we get our president Sheikh Hasina amidst us," said...

Bhutto close to pact on return to Pakistan

2007-10-06 00:00:00

Jo Johnson in New Delhi and Farhan Bokhari in Islamabad, FT Syndication ServiceBenazir Bhutto, the former Pakistani premier, and General Pervez Musharraf, the president, were finalising a deal that will enable the former prime minister to return home without fear...

NGOs reject TIB report

2007-10-06 00:00:00

The Federation of NGOs in Bangladesh (FNB) Friday rejected the research report of the Transparency International, Bangladesh (TIB) that has branded the NGO sector as a highly corrupt area.Conducting the survey on 20 NGOs-one international, eight national and 11 local...

Low over Bay likely to intensify further

2007-10-06 00:00:00

The well-marked low over west central Bay and adjoining northwest Bay persist over the same area. It is likely to intensify further and move in a northwesterly direction, said a Met office bulletin. All fishing boats and trawlers over north...

Boy shot dead in city

2007-10-06 00:00:00

A boy, who was injured by bullets in a gun attack, succumbed to his injuries at Dhaka Medical Collage Hospital (DMCH) early Friday. The dead was identified as Kamal Hossain, 15, son of Abul Hashem, resident of Katasur in Mohammadpur...

Two held with $60,000 in Ctg

2007-10-06 00:00:00

CHITTAGONG, Oct 5 (UNB): Two people were held with US$60,000 from near Shah Amanat International Airport here today (Friday). The two arrested were identified as Iqbal Mohammad Mizan and car driver Mohammad Shafi. Police said a Bangladeshi expatriate Mohammad Mohsin,...

BBS says 2.1m jobless, economists find data 'incredible'

2007-10-06 00:00:00

The number of unemployed people in Bangladesh stood at about 2.1 million (21 lakh) in 2006, according to a survey of the Bangladesh Bureau of Statistics (BBS), reports bdnews24. The Labour Force Survey (LFS) 2005-06 of the BBS defined 'unemployed'...

Shikolbaha power plant installation soon

2007-10-06 00:00:00

FHM Humayan KabirThe installation of the 150-megawatt power plant at Shikolbaha in Chittagong is likely to begin shortly as the process to award the work order to the bid-winning company is nearing completion, official sources said.Sources in the Power Division...

Credit squeeze pushes ECB to peg rates

2007-10-06 00:00:00

Ralph Atkins, FT Syndication ServiceVIENNA: The credit turbulence that began in the US mortgage market put European policymakers on the spot last Thursday as the European Central Bank (ECB) all but dropped plans for an interest rate rise and the...

Debutante leads the stock rally

2007-10-06 00:00:00

FE ReportSubstantial trading of Trust Bank shares triggered stock prices, turnover and market capitalisation on the Dhaka Stock Exchange (DSE) in the week ended Thursday.The total market capitalisation of the DSE hit a new record when it crossed $ 9...

17 Indian firms on Forbes' list of top Asian cos below $1b

2007-10-06 00:00:00

New Delhi, Oct 5 (PTI): As many as 17 Indian firms including Dabur India, Pantaloon Retail, Cipla Healthcare and Asian Paints have been named in the latest Forbes list for top 200 Asian companies with sales of less than a...

South Korea blocks US beef imports on recovery of bone

2007-10-06 00:00:00

SEOUL (South Korea) (AP): South Korea suspended U.S. beef imports today after inspectors reportedly found a recent shipment contained bone that is banned due to concerns over mad cow disease.The Agriculture Ministry said two vertebrae segments were found in one...

developments in the region and abroad

2007-10-06 00:00:00

Bush defends terror interrogation policiesWASHINGTON (AP): President Bush defended his administration's detention and interrogation policies for terrorism suspects on Friday, saying they are both successful and lawful. "When we find somebody who may have information regarding a potential attack on...

Suu Kyi considers offer to meet Myanmar top general

2007-10-06 00:00:00

YANGON (AFP): Myanmar's democracy icon Aung San Suu Kyi will consider positively a heavily conditioned offer to meet the head of the junta, her party said Friday, as a US envoy headed to meet the isolated regime's leaders. The ruling...

BDR pushes back 11 Bangla-speaking Indians after their push-in by BSF

2007-10-06 00:00:00

SATKHIRA, Oct 5 (UNB): Eleven Bangla-speaking Indian nationals were pushed back to India after BSF had earlier pushed them into Bangladesh through Hijaldi border under Kalaroa Upazila late Thursday night.The 11 ill-fated people are Abul Hasan (20), Swapan Morol (25),...

SI arrested while taking bribe in city

2007-10-06 00:00:00

A sub-inspector of Motijheel police station was arrested while taking bribe from a company official Thursday midnight, reports UNB.Sources said SI Ali Hossain, an investigation officer (IO) in two car stealing cases filed by Prime Insurance Company, demanded Tk 10,000...

123 sacks of urea seized in Sirajganj, two arrested

2007-10-06 00:00:00

SIRAJGANJ, Oct 5 (UNB): Some 123 sacks of urea fertilizer were seized from a trawler at Khaspukuria in Chowhali Upazila Friday. Acting on a tip-off, the police raided the trawler anchored at Khaspukuria Ghat at around 4:30pm and seized the...

Anti-cartoon protests go into third week

2007-10-06 00:00:00

Three Islamic organisations Friday protested the publication of a rogue cartoon strip by Bangla daily Prothom Alo near Baitul Mokarram, reports bdnews24.com. About 100 activists took to the streets at about 1:30 pm after Jum'a prayers near the north gate...

Islamic NGOs live off shady foreign funds: TIB boss

2007-10-06 00:00:00

Most of the NGOs registered over the last five years are Islamic organisations living off shady foreign funds, the chief of Transparency International Bangladesh said Thursday, reports bdnews24.com. Mozaffer Ahmad underlined the need for an independent NGO Commission to regulate...