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Dollar gains on euro after US shares jump

2007-10-03 00:00:00

TOKYO, Oct 2 (AFP): The dollar firmed against the euro in Asian trade today, moving away from its record low as a surge in US share prices offered some respite to the struggling greenback, dealers said.The euro slipped to 1.4221...

ArcelorMittal bids for remaining shares in Argentinian unit

2007-10-03 00:00:00

PARIS, Oct 2 (AFP): ArcelorMittal, the world's biggest steel group, said today it was offering around 542 million dollars (382 million euros) for the 34.7 per cent of its Argentine unit Acindar that it does not already own.The transaction, which...

HK gold opens higher

2007-10-03 00:00:00

HONG KONG, Oct 2 (AFP): Hong Kong gold prices traded higher at opening today as the US dollar touched a fresh record low overnight in New York and oil prices held over 80 dollars a barrel, dealers said. Gold opened...

South Korea ready to help set up N-power plant

2007-10-03 00:00:00

South Korea has expressed readiness to provide financial and technological assistance to Bangladesh for setting up a nuclear power plant to meet the growing demand for electricity, reports UNB."We're waiting for appropriate response from Bangladesh government to the proposals we...

Bangladesh fetches $13m export orders from IFMA Show

2007-10-03 00:00:00

FE ReportExport Promotion Bureau (EPB) participated in the just-concluded four-day fair 'IFMA Cologne Show' in Cologne, Germany from September 13 to September 16.Most of the important light engineering exporting companies around the world took part in the fair. Two bicycle...

Written test for MTO, TSO, TO of Shahjalal Islami Bank Oct 26

2007-10-03 00:00:00

FE ReportThe date of the written test for the post of Management Trainee Officer (MTO), Trainee Senior Officer (TSO) and Trainee Officer (TO) of Shahjalal Islami Bank Limited (SJIBL) will be held on October 26, 2007. Timing and Venue for...

Warid Telecom opens sales centre at Uttara

2007-10-03 00:00:00

FE ReportWarid Telecom Monday opened its 10th Sales and Customer Service Center at Uttara Model Town in the city.Muneer Farooqui, chief executive officer of Warid Telecom, inaugurated the centre at Siam Tower, House-15, Sector-3 at Uttara.With the opening of the...

Target of monthly revenue earning from Teknaf land port not achieved

2007-10-03 00:00:00

Our CorrespondentCHITTAGONG, Oct 02: The target of monthly revenue collection from Teknaf Land Port (TLP) was not achieved in September last, sources said.The National Board of Revenue (NBR) set a monthly revenue target amounting to over Tk 80 million (8...

Govt-NGO cooperation in livestock sector needed

2007-10-03 00:00:00

Speakers at a workshop recently underscored the need for cooperation between the government's Livestock Directorate and NGOs to develop the livestock sector in order to fight extreme poverty in the country.They also stressed the need for proper training of the...

New chairman, vice-chairperson of Janata Ins

2007-10-03 00:00:00

FE Report Abdul Gaffar Chowdhury and Oamrun Nahar have been unanimously elected chairman (re-elected) and vice-chairperson of Janata Insurance Company Limited (JICL).The election was held at the JICL board of directors' meeting in the city recently. Chowdhury is a former...

Iran keen to cooperate in manpower export

2007-10-03 00:00:00

NEW YORK, Oct 02 (UNB): Iran is keen to expand its relations with Bangladesh particularly in investment, trade, energy and manpower export sectors.Iranian Foreign Minister Manouchehr Mottaki expressed his country's interest during a bilateral meeting with Foreign Affairs Adviser Iftekhar...

PhD degree conferred

2007-10-03 00:00:00

FE ReportUAE-Bangladesh Investment Company Limited Managing Director SM Akbar has obtained PhD from the University of New Castle, USA.His research was on "Factors Affecting Techno-Finance Facilities and its Impact on the SME Development in Bangladesh."Akbar obtained his MBA degree from...

corporatewatch

2007-10-03 00:00:00

SEC issues show-cause noticeInformation Services Network: The Securities and Exchange Commission (SEC) has issued a show-cause notice to directors, managing director and company secretary of Information Services Network Limited in connection with the exclusive partnership agreement of the company.Share trading...

Leaders of Koreas meet

2007-10-03 00:00:00

SEOUL, Oct 2 (AP): North Korean leader Kim Jong Il welcomed South Korea's president to Pyongyang displaying scant enthusiasm Tuesday while orchestrated crowds cheered the start of the second-ever summit between the divided Koreas since World War II. The greeting...

US Senate passes huge defence bill

2007-10-03 00:00:00

WASHINGTON, Oct 2 (AFP): The US Senate Monday passed a mammoth 648 billion dollar defence policy bill, shorn of attempts by disappointed anti-war Democrats to dictate President George W. Bush's Iraq strategy. The bill included around 128 billion dollars for...

Myanmar accuses world powers of aiding 'opportunists'

2007-10-03 00:00:00

UNITED NATIONS, Oct 2 (AFP): Myanmar Foreign Minister U Nyan Win Monday defended his government's crackdown on pro- democracy protesters, blaming the turmoil on "political opportunists" backed by "powerful countries." Articulating his government's most detailed analysis of the current unrest,...

11 dead in Kabul suicide attack

2007-10-03 00:00:00

KABUL, Oct 2 (AFP): A suicide attacker blew up a police bus in Kabul Tuesday, killing at least 11 people in a new attack by the extremist Taliban just days after a similar bombing claimed 30 lives in the capital....

Britain eyes Basra handover to Iraqis in November

2007-10-03 00:00:00

BASRA, Iraq, Oct 2 (AFP): Britain expects to hand over the province of Basra to Iraqi control this autumn, hopefully by the end of November, the British military said Tuesday. Military spokesman Major Mike Shearer told AFP that the pull-out...

All foreign forces must withdraw from Iraq: Syria

2007-10-03 00:00:00

UNITED NATIONS, Oct 2 (AFP): Syrian Foreign Minister Walid Moallem Monday called for the withdrawal of all foreign forces from Iraq and for increased international aid to help his country shelter Iraqi refugees. In an address to the UN General...

UN envoy meets with Myanmar junta chief

2007-10-03 00:00:00

YANGON, Oct 2 (AFP): UN special envoy Ibrahim Gambari met Myanmar's junta leader Than Shwe in the nation's remote capital Tuesday, as the military regime insisted it was not to blame for a deadly crackdown on mass protests. Gambari had...

Arab League slams 'unacceptable' US Senate plan

2007-10-03 00:00:00

CAIRO, Oct 2 (AFP): The Arab League Monday condemned a US Senate plan to split Iraq along ethnic and religious lines as a "dangerous interference" in another country's affairs. "The resolution is a dangerous form of interference in the internal...

Pakistan opposition MPs resign

2007-10-03 00:00:00

ISLAMABAD, Oct 2 (AFP): Around 80 Pakistani opposition MPs resigned from parliament Tuesday in protest at President Pervez Musharraf's plans to seek re-election, state television showed. The lawmakers from the anti-Musharraf Alliance for the Restoration of Democracy handed in their...

news digest

2007-10-03 00:00:00

Iran university invites Bush TEHRAN, Oct 2 (AFP): An Iranian university has invited US President George W. Bush to talk on campus, a week after his Iranian counterpart Mahmoud Ahmadinejad was given a frosty reception at a US institute, the...

Message from Federal President

2007-10-03 00:00:00

One should not count one's blessings too soon, I agree. I believe, however, I can safely say even now that 2007 has been a good year for Germany. It started with the German EU Council Presidency during the first six...

Europe succeeds by pulling together

2007-10-03 00:00:00

By Angela MerkelWith the agreement on a Reform Treaty, Europe has regained new strength. Under the German EU Presidency we have broken the deadlock and jointly set course for a renewal of the treaties on which the European Union is...

Message from Ambassador

2007-10-03 00:00:00

17 years ago, on 3 October 1990, Germany achieved its central national goal: reunification in freedom. The then German President, Richard von Weizsäcker, described the historic importance of reunification in a sentence that has gone down in the annals of...

Tidal current power plants

2007-10-03 00:00:00

Most of the currently known renewable energy technologies, such as hydro power, wind, solar, wave power or biomass use either directly or indirectly solar radiation and convert it into electrical energy. There is however another energy source which does not...

Message from Ambassador

2007-10-03 00:00:00

It gives me a great pleasure and privilege to convey, on behalf of the People and the Government of the Republic of Korea, my warmest greetings and best wishes to the People and the Government of the People's Republic of...

Top 12 Policy Goals of the Participatory Government of the ROK

2007-10-03 00:00:00

l To Build a Firm Foundation for Peace on the Korean Peninsula Resolve the North Korean nuclear issue and develop military confidence-building with North Korea Restructure the national defence posture, including a shorter term of draftee service and develop elite...

Govt urged to lift ban on politics for creating atmosphere for polls

2007-10-03 00:00:00

Leaders of the Jatiya Samajtantrik Dal (JSD) and the Gono Azadi League have urged the caretaker government to remove all kinds of restriction on politics to create a congenial atmosphere for holding the general elections as per the Election Commission...