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Pakistan test-fires N-capable missile

2007-07-27 00:00:00

ISLAMABAD, July 26 (AFP): Pakistan said it successfully test-fired a cruise missile Thursday capable of delivering nuclear warheads deep into India. The test will consolidate Pakistan's strategic capability and strengthen national security," a military statement said, without providing details.The military...

Powerful quake rocks eastern Indonesia

2007-07-27 00:00:00

MANADO, (Indonesia), July26 (AFP): A powerful earthquake rocked eastern Indonesia on Thursday, sending residents fleeing from swaying homes and hospitals, authorities and witnesses said. There were no immediate reports of damageThe quake, which had a magnitude of 6.9, triggered a...

World urged to help Jordan, Syria cope with Iraqi refugee influx

2007-07-27 00:00:00

LONDON, July 26 (AFP): Global rights watchdog Amnesty International Thursday urged the international community to urgently help Jordan and Syria cope with an influx of Iraqi refugees. London-based Amnesty issued the plea for countries to offer financial aid to Iraq's...

Military talks between Koreas break down

2007-07-27 00:00:00

PANMUNJOM, (Korea), July 26 (AFP): North Korea walked out of military talks with South Korea, ending three days of high-level negotiations Thursday with no agreement amid a lingering dispute over their shared sea border. "We've come to the conclusion that...

Syria explosion kills 15 soldiers

2007-07-27 00:00:00

DAMASCUS, July 26 (AFP): An explosion at an ordnance depot that was blamed on summer heat killed at least 15 soldiers Thursday and wounded 50 others in northern Syria, the state news agency saidhe SANA news agency reported that the...

Bomb attack kills five Iraqi police

2007-07-27 00:00:00

HILLA, Iraq, July 26 (AFP): A bomb attack killed five police patrolling south of Baghdad on Thursday, according to security and medical officials, amid ongoing insurgent violence across central Iraq. Lieutenant Hamza al-Waeli of the Hilla Police told AFP that...

news digest

2007-07-27 00:00:00

May to July in Britain wettest on recordLONDON, July 26: The three-month period from May to July has already become the wettest in history here, even before the end of the month, Britain's Met Office said Thursday. Figures released by...

Attaining sustained GDP growth of 7.5pc within our reach: Mirza Aziz

2007-07-27 00:00:00

FE ReportBangladesh has the potential to join the ranks of middle-income countries (MICs) with the per capita gross national income (GNI) of US$875 by 2016, a World Bank (WB) report revealed Thursday.But to reach that level, the country needs to...

3 ex-ministers jailed

2007-07-27 00:00:00

Trial courts Thursday sentenced three former ministers and a Dhaka ward commissioner to long jail-terms in separate cases, making the highest number of emergency-time verdicts in one day, report agencies.The convicts are: immediate-past post and telecommunications minister Aminul Huq, immediate-past...

Sheikh Selim's detention held illegal

2007-07-27 00:00:00

The High Court (HC) Thursday declared illegal the detention of former Health Minister and Awami League (AL) stalwart Sheikh Fazlul Karim Selim, held during a crackdown on politicians at the outset of the current army-led operation against serious crime and...

July 17 circular on aid use by NGOs withdrawn

2007-07-27 00:00:00

AZM AnasThe caretaker administration has withdrawn the much-debated circular issued to restrict foreign aid use by non-government organisations (NGOs) in the wake of intensified lobbying from the development community. In an office order Thursday, the NGO Affairs Bureau, which oversees...

Hasina urges BB governor to provide her bank statements

2007-07-27 00:00:00

FE Report Awami League President Sheikh Hasina, who is now in a make-shift sub-jail, has requested the central bank governor to provide the statement of her bank accounts."We have received a letter from Sheikh Hasina, through the home ministry, requesting...

Big holders of untaxed money yet to respond to NBR facility

2007-07-27 00:00:00

S M JahangirA good number of holders of undisclosed money are yet to avail themselves of the opportunity to legalise their untaxed money, with only four days reaming for the deadline -- July 31, 2007 -- to expire, the National...

Bush welcomes roadmap for polls, backs anti-graft drive

2007-07-27 00:00:00

US President George W Bush has welcomed the roadmap for general elections in Bangladesh and praised the caretaker government's (CG) commitment to hold the elections in 2008, reports UNB.He assured any cooperation of the US government in holding the elections.Bush...

Imports grow by 14.49pc last fiscal

2007-07-27 00:00:00

FE Report The country's overall imports grew by 14.49 per cent with consumers' goods marking the highest growth at 38.86 per cent in the immediate past fiscal over those of the previous fiscal. Letters of credit (LCs) against imports worth...

ADB warns on unwinding of carry trade

2007-07-27 00:00:00

Raphael Minder, FT Syndication ServiceHONG KONG: East Asia's financial markets are vulnerable to a sudden unwinding of yen-carry trades and withdrawal of the capital that has lifted many of the region's currencies, according to the Asian Development Bank. In its...

DSE indices fall marginally

2007-07-27 00:00:00

FE ReportThe indices on the Dhaka Stock Exchange (DSE) declined marginally due to market correction Thursday, the last trading session of the week.But both the total turnover and the total market capitalisation registered an increase on the day.On Thursday day,...

Major rivers burst banks, more areas flooded

2007-07-27 00:00:00

A number of rivers across the country have breached their banks leaving thousands marooned without adequate shelter or provisions, reports bdnews24.com. At least six rivers are flowing at dangerous levels with a risk of further swelling in the Brahmaputra and...

ACC files case against detained CCF Gani

2007-07-27 00:00:00

The Anti-corruption Commission (ACC) Thursday filed a case against the detained former Chief Conservator of Forests (CCF) Osman Gani on charge of misappropriation of money. The ACC Deputy Director Golam Shahriar Chowdhury filed the case with Uttara police station at...

Italy-Bangla jt venture to invest $5.67m in Karnaphuli EPZ

2007-07-27 00:00:00

A joint venture company of Italy and Bangladesh will set up a plant for producing rolling shutter and accessories in Karnaphuli Export Processing Zone (EPZ). The company -- M/s LM Masinara Asia Limited -- will invest US$ 5.672 million to...

Coaching centre teacher gunned down in city

2007-07-27 00:00:00

A teacher of E Haque Coaching Centre was gunned down inside the centre at Kalabagan in the city Thursday. The victim was identified as Abul Bashar (38), a mathematics teacher, son of Sultan Sikder of village Chanta of Bakerganj in...

Power Cell receives EoIs from 15 local, int'l firms

2007-07-27 00:00:00

The Power Cell Thursday received Expression of Interest (EoI) from about 15 local and international firms responding to its move to set up rental power plants across the country in the private sector, reports UNB.Official sources said these firms evinced...

Disruption in CDBL hits stock market operations

2007-07-27 00:00:00

FE ReportOperators and investors in the stock market faced serious problems Thursday as the operation of Central Depository Bangladesh Ltd (CDBL) remained suspended for the entire day due to technical faults.The suspension of the CDBL operation for a whole day...

Deal on Bangladesh-Myanmar road link to be signed today

2007-07-27 00:00:00

Shakhawat Hossain Myanmar Minister for Construction Major General Saw Tun arrived in Dhaka Thursday for signing a deal with Bangladesh on building a friendship road that will also link the Chinese city of Kunming."We will sign an agreement on construction...

China may fund construction of urea fertiliser plant

2007-07-27 00:00:00

FE ReportChina is expected to finance construction of a urea fertiliser factory in Bangladesh, which is struggling to meet a growing need for manure to boost production of grains.Official sources said in response to a Bangladesh request, China recently assured...

TCB appointing dealers in 37 districts

2007-07-27 00:00:00

FE ReportThe Trading Corporation of Bangladesh (TCB) has started appointing dealers in 37 districts including Dhaka city, official sources said. "We have already appointed 18 dealers for Dhaka city and started supplying to them some essential commodities," Mirza Fazlul Karim...

Chittagong still faces 30 mmcfd gas shortage

2007-07-27 00:00:00

The state-owned hydrocarbon and mineral resources corporation, Petrobangla, has been facing a very tough situation to meet the gas demand in Chittagong city and adjoining areas, reports UNB. At present, gas shortage in the country's commercial capital is about 50...

Poll roadmap to be serially completed: CEC

2007-07-27 00:00:00

Chief Election Commissioner (CEC) ATM Shamsul Huda Thursday said confusion surfacing in the country's political arena about the election roadmap would become clear when the Election Commission (EC) would serially complete the tasks under the plan, reports UNB."There is no...

Dollar eases, call rate steady

2007-07-27 00:00:00

FE ReportThe US dollar eased against the Bangladesh taka (BDT) Thursday in the inter-bank foreign exchange market due to moderate demand for the greenback, fund managers said.The exchange rate of the dollar against the BDT ranged between Tk 68.52 and...

SC halts Rangs hearing until Monday

2007-07-27 00:00:00

The Appellate Division has stayed until Monday the hearing of a government appeal against the High Court verdict that declared the cancellation of the Rangs Bhaban design illegal, reports UNBIn an order Thursday, Justice Mohammad Fazlul Karim and four other...