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CA's Fund receives Tk 50m more for flood victims

2007-08-12 00:00:00

Twenty more government agencies, private organisations and individuals Saturday donated about Tk 50 million (4,99,17,115.36) to the CA's Relief and Welfare Fund for the country's flood victims, reports UNB.Meanwhile, an amount of Tk 5.0 million (50 lakh) was allocated for...

DMP introduces Open Day at 33 police stations

2007-08-12 00:00:00

]The Dhaka Metropolitan Police (DMP) Saturday introduced 'Open Day,' the day in a week it has set aside to contact people directly, reports bdnews24.com. DMP Naim Ahmed, introduced the day through a press conference at his office midday Saturday. At...

Shishu park to be constructed after Saifur's name in Sylhet

2007-08-12 00:00:00

SYLHET, Aug 11 (UNB): A shishu park will be constructed after the name of former Finance Minister M Saifur Rahman at Alampur in Dakkhin Surma Upazila at a cost of Tk 170 million (17 crore).Sylhet City Corporation has decided to...

Akbar Ali Khan backs separate corporate watchdog

2007-08-12 00:00:00

A separate regulatory body is needed to oversee companies' compliance with corporate governance guidelines, speakers said at a seminar Saturday, reports bdnews24.com. Former caretaker government adviser Akbar Ali Khan proposed a new commission to enforce corporate governance among companies and...

Listed terrorist arrested in Ctg

2007-08-12 00:00:00

CHITTAGONG, Aug 11 (BSS): Nasir Uddin alias Nasu, a top listed terrorist of Rangunia Upazila in the district, was arrested from Razanagar area under the upazila this morning.Police said Nasu, an accused of murder, hijacking, looting and extortion, was wanted...

Bombs found at JU dormitory

2007-08-12 00:00:00

Police seized 12 bombs Friday night from a dormitory bathroom of Jahangirnagar Nagar University (JU), reports bdnews24.com.The bombs were disposed of safely upon detonation. Police found nothing further after conducting a search of the dormitory's corridors, rooms and bathrooms in...

President, CA plan Tungipara visit

2007-08-12 00:00:00

Dhaka, Aug 12 (bdnews24.com)—President Iajuddin Ahmed and chief adviser Fakhruddin Ahmed plan to visit Tungipara on Aug 15 to pay their respects to Bangabandhu on his death anniversary, a spokesman said Sunday. Law adviser Mainul Hosein however told bdnews24.com that...

Outbreak of cholera in flood-hit areas

2007-08-12 00:00:00

Flood water has started receding from most of the affected districts after creating serious disruption in normal life of millions of people and causing extensive damage to standing crops and physical infrastructures. And the people who are now leading a...

Needed, a holistic approach to salvage Biman

2007-08-12 00:00:00

Shahiduzzaman KhanYET another report on irregularities in Biman revealed the national flag carrier's pitiable state of affairs. It appeared that the Biman was never allowed to operate independently and its key management personnel were involved in corruption and irregularities in...

S & P rates subcontinent highly

2007-08-12 00:00:00

Joe LealyIF you asked someone in which country Standard & Poor's has the most staff, few would guess India.But in fact almost 50 per cent of the US-based credit ratings agency's global staff are there: 1,500 at local affiliate Crisil...

Clinton urges tougher rules for lenders

2007-08-12 00:00:00

Andrew Ward, Stephanie Kirchgaessner and Eoin Callan CONCERN about turmoil in the credit market erupted on to the presidential campaign trail recently when Hillary Clinton called for tougher regulation of mortgage lenders and support for homeowners.The frontrunner for the Democratic...

No harm in taking international help

2007-08-12 00:00:00

THERE is no shame in taking generous international help when confronted with a natural disaster which may partly or fully overwhelm national capacities. Even the developed and fast developing countries in the world, take international assistance when they suffer natural...

Better population control activities are needed

2007-08-12 00:00:00

Hard observers at field levels know it that the official family planning programme is not running well. The door to door visitors of the family planning department to households are hardly seen doing their job. Although they are paid from...

Ban on hilsa export : To what effect ?

2007-08-12 00:00:00

Notwithstanding the exporting of the hilsa fish in the past, the same used to be also smuggled out for that was considered a more profitable venture avoiding all regulations and payment of duties to the authorities. The official volume of...

How withdrawal came in from the cold

2007-08-12 00:00:00

Tom EngelhardtWITHDRAWAL is now so mainstream. Recently, debate about it led to a sleep-in protest in the Senate and, this week, it's hit the cover of TIME Magazine, of which there's no mainer-stream around. The TIME cover couldn't be more...

Amazon fruit gatherers face biofuel dilemma

2007-08-12 00:00:00

Mario Osava from Imperatriz, BrazilThe babaçú, an abundant native palm tree in the eastern Amazon and in the north and northeast of Brazil, has great potential for the production of "biodiesel" and biomass fuel, but the women who make their...

Smugglers profit from landlocked Afghanistan

2007-08-12 00:00:00

Ashfaq Yusufzai from PeshawarTaking advantage of the United Nations-facilitated Afghan Transit Trade Agreement (ATTA), a massive contraband trade has grown around goods imported into Afghanistan and smuggled back into the markets of this frontier town in Pakistan. Mohammad Fida, owner...

US home loan crisis sparks more global turmoil

2007-08-12 00:00:00

PARIS, Aug 11 (AFP): US home loan woes caused more turmoil on world markets Friday despite the tens of billions of dollars released by central banks to stop the problem turning into a global economic crisis. London's FTSE stock market...

Standard Bank holds 114th board meet

2007-08-12 00:00:00

FE Report The 114th board meeting of Standard Bank Limited (SBL) was held at its head office in the city recently. Chaired by SBL board of directors' Chairman Kazi Akramuddin Ahmed, the meeting was attended, among others by Vice-chairman Mohammad...

NCAER raises GDP growth estimate to 8.53pc for 2007-08

2007-08-12 00:00:00

NEW DELHI, Aug 10 (PTI): Economic think-tank NCAER yesterday raised the forecast for the country's economic growth in this fiscal to 8.53 per cent in the backdrop of good corporate performance and expectations of higher farm sector growth. "The revised...

ECB injects $212.98b as central banks take action

2007-08-12 00:00:00

FRANKFURT, Aug 11 (AFP): The European Central Bank (ECB) pumped more money into the Eurozone banking market yesterday in response to fears over the US housing sector, taking its cash injections to 155.85 billion euros (212.98 billion dollars) in two...

UN agencies launch $44m programme to reduce female genital mutilation

2007-08-12 00:00:00

NEW YORK, Aug 11 (PTI): Two United Nations agencies have launched an ambitious USD 44 million programme to reduce female genital mutilation and cutting (FGM/C) by 40 per cent by 2015 and to end the harmful traditional practice within a...

World commodity prices slump amid US housing woes

2007-08-12 00:00:00

LONDON, Aug 11 (AFP): Global commodity prices slumped in the last week as speculators rushed to bank profits amid concern that demand for oil and metals will slide should the world economy dampen because of the US housing crisis. "All...

Indian auto firms race to develop greener vehicles

2007-08-12 00:00:00

MUMBAI, Aug 11 (Reuters): Indian vehicle makers are joining the global race to make less-polluting greener vehicles, teaming up with international firms and pouring money into research that could result in commercially viable technologies quickly.Petrol and diesel are used overwhelmingly...

Dollar falls against euro, pound amid mortgage, credit fears

2007-08-12 00:00:00

NEW YORK, Aug 11 (AFP): The US dollar fell against the euro and the British pound yesterday as fears about the US mortgage market and a related credit crunch unsettled financial markets. Analysts said the dollar weakened partly as some...

UAE telecom firm to bid for Qatar's new mobile

2007-08-12 00:00:00

ABU DHABI, Aug. 11 (Xinhua): Etisalat, the telecom giant of the United Arab Emirates (UAE), will bid for Qatar's new mobile and fixed line licenses in a move to expand in the Gulf country's telecom market, local newspaper Gulf News...

Oil prices mixed

2007-08-12 00:00:00

NEW YORK, Aug 11 (AFP): World oil prices were mixed yesterday, with a barrel of Brent falling below 69 dollars for the first time since June, on concern that energy demand may weaken amid the US subprime crisis. New York's...

Ohio company buys Valleydale Marketplace

2007-08-12 00:00:00

BIRMINGHAM, Aug 11 (Reuters): An Ohio real estate developer has purchased Valleydale Marketplace, a shopping center anchored by Winn-Dixie on Valleydale Road. Midland Atlantic acquired the 64,000-square-foot center late last month for an undisclosed amount. The center is 85 per...

Global Alpha falls 26pc in '07

2007-08-12 00:00:00

CONNECTICUT, Aug 11 (Bloomberg): Goldman Sachs Group Inc.'s $8 billion Global Alpha hedge fund has fallen 26 per cent so far this year, a decline that may prompt more investors to withdraw their money, according to people familiar with the...

Central banks add cash to avert crisis of confidence

2007-08-12 00:00:00

NEW YORK Aug 11 (Bloomberg): Central banks in the US, Europe, Japan, Australia and Canada added about $136 billion to the banking system in an attempt to avert a crisis of confidence in global credit markets. The Federal Reserve, in...