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Moores rules out hurried Hoggard return

2007-07-26 00:00:00

England coach Peter Moores insists there will be no hurried return to international cricket for Matthew Hoggard to prevent him from joining England's list of long-term injury victims. A back spasm during the build-up to the first Test in India's...

Bangladesh meet India in the final of tri-nation U-19

2007-07-26 00:00:00

Dhaka, July 25 (UNB) - Bangladesh Under-19 cricket team will meet India in the final of the tri-nation Under-19 Cricket Tournament at the Colts Cricket Club Ground in Colombo on July 28.Bangladesh qualified for the final of the meet ahead...

Liverpool unveil new stadium plans

2007-07-26 00:00:00

LIVERPOOL (England), Jul 25 (AFP): Steven Gerrard admitted he can't wait to lead Liverpool out at their new 60,000-seat stadium after the club unveiled the plans for the spectacular Stanley Park arena.The Reds submitted an official planning application to Liverpool...

Inter Milan still chasing Chivu

2007-07-26 00:00:00

ROME, Jul 25 (AFP): Inter Milan's general manager Ernesto Paolillo on Wednesday confirmed the club's interest in signing Christian Chivu from Roma, but said no agreement had yet been struck with their Serie A rivals.Wednesday's edition of Gazzetta dello Sport...

ADP implementation in FY'07 may be record low

2007-07-26 00:00:00

Shakhawat HossainThe implementation rate of the annual development programme (ADP) in fiscal 2006-07 might be a record low, at about 80 per cent, planning ministry officials feared.The rate of ADP implementation was only 61 per cent in the first eleven...

New rules won't affect NGOs in running their ongoing projects

2007-07-26 00:00:00

A Z M AnasThe new regulations to change the way the non-government organisations (NGOs) spend the foreign funds will not have "immediate" effect on development sector.The non-profit NGOs involved in development activities will be allowed to run their ongoing projects...

Dealing with problem of foreigners' illegal stay

2007-07-26 00:00:00

Shahiduzzaman KhanA considerable number of foreign nationals have been working in the country's various establishments for long. Many of them are allegedly siphoning off huge foreign exchange from Bangladesh in the absence of proper monitoring by the authorities concerned. No...

Altaf, 3 others submit wealth statements

2007-07-26 00:00:00

The Anti-Corruption Commission (ACC) has extended by another seven working days the deadline for BNP Chairperson Khaleda Zia to submit her wealth statement, reports UNB.The ACC has re-fixed the deadline for the former prime minister on August 7 following an...

It's not possible to eliminate all corruption by CG: Matin

2007-07-26 00:00:00

Communications Adviser MA Matin Wednesday said it wouldn't be possible to eliminate all corruption by the incumbent caretaker government (CG), the next elected government would carry on the current drive, report agencies.Talking to reporters at his ministry, he said that...

Five rivers in spate, fresh areas threatened

2007-07-26 00:00:00

Five rivers burst their banks Wednesday, breaching danger marks at eight points, said Flood Forecasts and Warning Centre (FFWC) Wednesday, reports bdnews24.com. The Brahmaputra and the Ganges tributaries and distributaries might see further onrush of flow during the next 24...

Beijing to address EU product fears

2007-07-26 00:00:00

Mure Dickie, FT Syndicatuion ServicesBEIJING: China has promised to respond regularly and in detail to European complaints about potentially dangerous exported products after previously failing to live up to a commitment to do so, the EU's consumer safety chief has...

Arrest warrant issued against Basundhara chairman

2007-07-26 00:00:00

A warrant was issued for the arrest of Basundhara Group chairman Ahmed Akbar Sobhan and seven others in a tax evasion case filed Wednesday. Kabiruddin Mollah, Deputy Tax Commissioner (Circle-8), filed the case with the Metropolitan Sessions Court against them...

Govt bans cutting, razing of hills, hillocks

2007-07-26 00:00:00

The government has banned cutting and razing hills and hillocks owned by government, semi-government, autonomous institutions and individuals. The order was issued through a gazette notification on July 10 to protect environment and check environmental pollution. However, the notification said,...

Lighterage vessel sinks in Bay

2007-07-26 00:00:00

CHITTAGONG, July 25: A lighterage ship, carrying some 5,000 tonnes of cement and clinkers, sank in the Sandwip channel of the Bay during bad weather Wednesday morning. Port sources said the ship, 'MV Thiram', heading for Banglabazar in Dhaka capsized...

DSE main index tops 2400 points

2007-07-26 00:00:00

FE ReportThe general index of Dhaka Stock Exchange (DSE) crossed a new milestone at 2422.545 Wednesday in a bullish market.The Wednesday's rally was led by pharmaceuticals, banks and power companies.On Tuesday last, DSE General Index (DGEN) was 2378.830. The DGEN...

AB Bank makes hefty profit in six months

2007-07-26 00:00:00

Refayet Ullah MirdhaThe Arab Bangladesh (AB) Bank, whose credit rating has been improved due to overall excellence in banking business, made a hefty net profit worth Tk 766.851 million during January-June 2007 period.The AB Bank that also operates Islamic banking...

Licences to be issued to MFIs from next week

2007-07-26 00:00:00

FE Report The micro-credit regulatory authority (MRA) has decided to issue licences to the micro-finance institutions (MFIs) from next week to comply with the existing micro-credit regulatory act. The decision was taken at a meeting held at the central bank...

Govt shakes off inertia to establish ingredients park for pharma sector

2007-07-26 00:00:00

Doulot Akter MalaThe government is expediting its move to establish an Active Ingredients Park (API) by 2008 aiming to cash in on the waiver of patent laws offered by World Trade Organisation upto 2016.The government held a meeting Wednesday with...

Shareholders urge govt to appoint administrator for Delta Life Ins

2007-07-26 00:00:00

General shareholders of Delta Life Insurance Company urged the government Wednesday to help appoint an administrator to the company by moving court again to overturn a stay order, reports bdnews24.com. The High Court last month stayed the government's move to...

Tata may go to Vietnam if Dhaka says 'no'

2007-07-26 00:00:00

FE ReportIndian industrial conglomerate Tata is planning to divert its fund to Vietnam if the Bangladesh government responds in the negative to their US 3.0 billion investment proposal. "We are now focusing on Vietnam. We are hoping the government will...

Duty, quota-free access to mkt of rich nations needed: Aziz

2007-07-26 00:00:00

FE Report Finance Adviser Mirza AB Azizul Islam said Wednesday the country needs continuous support like duty and quota free access to the markets of the developed countries in order to sustain the development activities and help achieve the millennium...

Int’l bidding to appoint operator for Biman soon

2007-07-26 00:00:00

The government will soon launch international bidding for appointing a private operator to run the Biman Bangladesh Airlines, reports bdnews24.com quoting Adviser MA Matin Wednesday. "The operator will find ways and give advice to the civil aviation ministry to turn...

Saudi urges govt to bring back 267 Rohingyas

2007-07-26 00:00:00

The Saudi government has asked Bangladesh to bring back 267 Rohingyas who had been arrested for travelling to the kingdom allegedly on forged Bangladeshi passports, reports bdndews24.com quoting an official Wednesday. "The home ministry held a meeting on the issue...

Dhaka to join Southeast Asian amity treaty

2007-07-26 00:00:00

FE ReportBangladesh is set to join the Treaty of Amity and Cooperation (TAC) in Southeast Asia soon.The council of advisers approved Wednesday a proposal in this connection, an official handout said.Chaired by Chief Adviser Fakhruddin Ahmed, the meeting was held...

Dollar gains, call rate stable

2007-07-26 00:00:00

FE ReportThe US dollar gained ground against the Bangladesh taka (BDT) Wednesday in the inter-bank foreign exchange market due to higher demand for the greenback, fund managers said.The exchange rate of the dollar against the BDT ranged between Tk 68.64...

Myanmar minister due today to sign deal on road link

2007-07-26 00:00:00

Myanmar Minister for Construction Saw Tun arrives in the city today (Thursday) to sign an agreement on construction of a 25-km road directly connecting Dhaka with Yangon, reports UNB.The Bangladesh government will finance construction of the road-measuring 2km from Gundhom...

HC hearing today in ACC's bid to revive case against Hasina

2007-07-25 00:00:00

As part of the Anti-Corruption Commission's efforts to revive the corruption cases against detained former Prime Minister Sheikh Hasina, hearing on the Meghnaghat power plant case, stayed earlier, will be held today (Wednesday) in the High Court, reports UNB.If the...

12 sentenced in Ctg to death, 8 to life term for murder

2007-07-25 00:00:00

Twelve people were sentenced to death and eight to life term imprisonment by a court in Chittagong Tuesday in the sensational Jan-e-Alam murder case, reports UNB.The condemned convicts are Aiyub Ali, his son Zahirul Islam and brother Syed Ahmed, Kalimullah...

UNCTAD report on FDI

2007-07-25 00:00:00

THE least developed countries (LDCs) report 2007 of the United Nations Conference on Trade and Development (UNCTAD) has virtually dismissed the view that foreign direct investment (FDI) helps a recipient LDC in diverse positive ways including rapid industrialisation. The report,...

Policy on nation's strategic resources

2007-07-25 00:00:00

Syed Fattahul AlimThe crucial resources on which the economies of the world, whether big or small, developed or developing, depend are what mother nature still preserves in her bosom in the form of various kinds of mineral ores. Of all...