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UNICEF flood response focus on children, women

2007-08-10 00:00:00

SIRAJGANJ, Aug 9 (UNB): UNICEF has joined the United Nations response efforts to the floods in Bangladesh. US$ 3.6 million supply assistance is being provided through relevant government ministries for improving health, nutrition, water and sanitation for flood affected children...

Drought like situation, other problems may hit aman cultivation in Dinajpur

2007-08-10 00:00:00

DINAJPUR, Aug 9 (UNB): When a major part of the country is under floodwater, a drought like situation is hampering aman cultivation in the district this season.Most of the croplands in the district have become dry due to lack of...

BTTB realises Tk 40m outstanding bills from 418 ex-MPs

2007-08-09 00:00:00

Bangladesh Telegraph and Telephone Board (BTTB) has finally made 418 unwilling former lawmakers pay Tk 40 million (4.0 crore) in outstanding phone bills until July 31, reports bdnews24.com.The state-run telecoms provider's internal report reveals that it has realised Tk 17.20...

GP donates Tk 43.1m to CA's relief fund

2007-08-09 00:00:00

FE Report Grameenphone (GP) Chief Executive Officer (CEO) Erik Aas handed over three cheques worth Tk 43.1 million (4.31 crore) to the Chief Adviser's Relief Fund.Chief Adviser Fakhruddin Ahmed accepted the contributions from the Grameenphone CEO at the CA's office...

ICB Mutual Fund breached rules: SEC

2007-08-09 00:00:00

The Investment Corporation of Bangladesh has breached rules in announcing 50 per cent stock dividend against one of its close-end mutual funds, the 1st ICB Mutual Fund, according to the SEC, reports bdnews24.com. "There is no scope to increase paid-up...

Govt to preserve treasury of marine fisheries resources

2007-08-09 00:00:00

Our Correspondent CHITTAGONG, Aug 08: The government is pledge bound to preserve the treasury of marine fisheries resources of the country and as such trying to formulate a proper and time befitting guideline for extracting the fisheries resources on obtaining...

Asian stocks extend early gains

2007-08-09 00:00:00

HONG KONG, Aug 8 (Reuters): Asian stocks extended early gains on Wednesday and the dollar climbed against the yen as worries about a credit squeeze eased after the US Federal Reserve gave a positive outlook for the world's biggest economy.Corporate...

corporatewatch

2007-08-09 00:00:00

IPO lottery of Int'l Leasing on Aug 12The initial public offering (IPO) lottery of International Leasing and Financial Services Limited will be held on August 12, 2007 at 10:30 am at Bangladesh-China Friendship Conference Centre in the city.Purchase/ sale of...

Tin price sets record high at $17,050

2007-08-09 00:00:00

LONDON, Aug 8 (AFP): The price of tin struck an historic peak here yesterday amid tight supplies of the base metal. On the London Metal Exchange (LME) the price of tin for delivery in three months reached 17,050 dollars a...

CRAB, Padma Islami Life Ins sign credit rating deal

2007-08-09 00:00:00

FE ReportPadma Islami Life Insurance Co Ltd (PILIC) has recently signed an agreement with Credit Rating Agency of Bangladesh Limited (CRAB), under which CRAB would provide rating services to PILIC.CRAB Vice Chairman Md Matiul Islam and PILIC Managing Director Abdul...

Iraq PM arrives in Iran

2007-08-09 00:00:00

TEHRAN, Aug 8 (AP): Iraqi Prime Minister Nouri al-Maliki arrived in Iran Wednesday for talks expected to focus on bilateral relations and improving the security situation in his wartorn nation. It was the Iraqi premier's second visit to Tehran in...

20 Taliban killed in attack on military base

2007-08-09 00:00:00

KABUL, Aug 8 (AP): A group of 75 Taliban militants tried to overrun a US-led coalition base in southern Afghanistan in a brazen attack that left more than 20 militants dead, the coalition said.The insurgents attacked Firebase Anaconda from three...

US raids kill 32 in Baghdad

2007-08-09 00:00:00

BAGHDAD, Aug 8 (AP): US-led forces swooped into the Shiite militia stronghold of Sadr City Wednesday, killing 32 suspected militants and detaining 12 others in fighting and an airstrike targeting alleged smuggling networks from Iran.Iraqi police and witnesses said nine...

Regional powers welcome Korean summit announcement

2007-08-09 00:00:00

TOKYO, Aug 8 (AP): Regional powers applauded Wednesday's announcement by North and South Korea that their leaders plan to meet later this month, saying it will help ease tensions and boost efforts to denuclearise the peninsula.North Korean leader Kim Jong...

Ahmadinejad says Iran defiant over nuclear energy

2007-08-09 00:00:00

ALGIERS, Aug 7 (AFP): Algeria gave its support to Iran Tuesday in the row over Tehran's nuclear programme, as its guest President Mahmoud Ahmadinejad of Iran insisted his country would stand firm on the issue. "Iran cannot talk to countries...

Xanana Gusmao sworn in as Timor PM

2007-08-09 00:00:00

DILI, Aug 8 (AFP): Independence hero Xanana Gusmao Wednesday pledged to unite strife-wracked East Timor as he was sworn in as prime minister at a ceremony boycotted by the former ruling party Fretilin. The former guerrilla leader and his new...

Pakistan raid kills 12 militants on eve of tribal council

2007-08-09 00:00:00

ISLAMABAD, Aug 8(AFP): Pakistan said Wednesday at least 12 militants were killed in a raid on a remote region near Afghanistan, as tribal elders prepared for a landmark council to rally support against Taliban rebels. The military said that mortars...

Emotions high over Britain's request for Guantanamo inmates

2007-08-09 00:00:00

LONDON, Aug 8 (AFP): London's request for the United States to release five British-linked Guantanamo Bay inmates triggered both fury and relief among commentators here Wednesday. New Foreign Secretary David Miliband wrote to US Secretary of State Condoleezza Rice Tuesday...

news digest

2007-08-09 00:00:00

Crocodile falls to earth in Russian town MOSCOW, Aug 8 (AFP): Residents in the Russian nuclear research town of Sarov got a jaw-dropping surprise Tuesday when a crocodile fell from the twelfth-storey apartment of its owner, the emergency situations ministry...

Expeditious implementation of ADP projects

2007-08-09 00:00:00

THE administrative mechanism whose job it is to translate the directives of the highest authorities of the government follows, as it were, a set of rules that remains constant regardless of who is in charge at any particular point of...

Mobilising resources for the flood

2007-08-09 00:00:00

Enayet RasulTHE countrywide flood in its sweep, devastations and creation of human miseries, is near to becoming like the great deluge of 1988 which was considered as the worst faced by the country in living memory. More than two-thirds of...

The case for a top-down approach

2007-08-09 00:00:00

Samuel Brittan"THE past 15 years have seen inflation settle at low levels throughout the industrialised world. And many countries in the developing world, which had previously experienced high inflation, have seen it falling. If you ask the average business person...

American dream still alive and well for immigrants, report says

2007-08-09 00:00:00

Jeffrey ThomasIMMIGRANTS to the United States continue to find a land of opportunity both for themselves and for their children, according to a new report."America offers dramatic mobility for immigrants," said Ron Haskins, the author of Economic Mobility of Immigrants...

Role of one former Prime Minister

2007-08-09 00:00:00

RECENTLY the chairperson of the Bangladesh Nationalist Party (BNP), in her desperate bid to stage a political comeback is talking irrationally mainly by attacking the caretaker government. She is being supported by one retired Brigadier in her efforts in a...

Generate confidence, dispel panic

2007-08-09 00:00:00

THE first thing that comes to my mind is to tell the caretaker government to dispel panic and fear that are so pervasive among the broad sections of the people because of the task that it has assumed for cleansing...

Need to do much more

2007-08-09 00:00:00

Qazi AzadAN AFP news item and an accompanying photograph showing an Indian villager pulling his cow along a flooded street in Muzaffarpur of Bihar, published in some Dhaka newspapers last Tuesday, have evaporated the expectation that the flood situation in...

Technology will be important for MFIs' dynamism

2007-08-09 00:00:00

S. M. Rahman INFORMATION and communication technology (ICT) environment is, however, slowly gaining currency. Potentials exist for low cost ATM booths that could be opened in the urban and the rural areas as well. We should contemplate and explore the...

Rights of indigenous people

2007-08-09 00:00:00

Khan Ferdousour Rahman INDIGENOUS people live in a wide area of the world. They have a special claim to the right to self-determination. Being indigenous to the lands, their rights were violated by more powerful foreign forces. There is a...

US profits set to lose some of their shine

2007-08-09 00:00:00

Francesco Guerrera and Ben WhiteUS corporate profits grew at the slowest rate in more than five years in the past quarter, hit by troubles in the domestic housing market and weaker commodity prices, according to analysts' estimates.The predicted slowdown in...

Oil prices weaker as speculators exit on weak US growth concerns

2007-08-09 00:00:00

SINGAPORE, Aug 8 (AFP): Oil prices weakened in Asian trade today as speculative funds dashed for the exit amid concerns problems in the housing market could slow US growth, dealers said. New York's main contract, light sweet crude for September...