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Lack of policy support hinders growth of local power tower making industry

2007-11-08 00:00:00

S M JahangirThe lack of necessary policy support from the government has been impeding the growth of the local power transmission tower production units. The sector has already developed its export capacity after meeting the country's growing demand for electricity...

IBBL Officers' Kalyan Samity holds general meet, installation

2007-11-08 00:00:00

FE ReportGeneral meeting and coronation programme of the newly-elected committee of Islami Bank Officers' Kalyan Samity was held at the BCIC auditorium in the city Monday, said a press release.Chairman of the board of directors of Islami Bank Bangladesh Ltd...

Cassava can be used as an alternative to wheat

2007-11-08 00:00:00

Our CorrespondentRAJSHAHI, Nov 7: Cassava, a transformed root of cassava plant, may be successfully cultivated in Bangladesh and can be used as an alternative for wheat. In many African countries cassava a staple food.Shirina Begum, director (in charge) of Bangladesh...

Training course 'Start Your Own Business' ends

2007-11-08 00:00:00

FE ReportA five-day training course jointly organised by Micro Industries Development Assistance and Services (MIDAS) and Rotaract District Organisation 3280 Bangladesh concluded in the city recently, said a press release.The course titled 'Start Your Own Business' was designed on a...

Harun Ur Rashid Chy new AMD of AIBL

2007-11-08 00:00:00

FE ReportA.T.M. Harun-Ur-Rashid Chowdhury has joined Al-Arafah Islami Bank Ltd. (AIBL) as additional managing director (AMD) on November, 2007. Prior to his new assignment he was the deputy executive president of Islami Bank Bangladesh Ltd.ATM Harun-Ur-Rashid Chowdhury did his B.A....

Top foreign executives visit Square Pharma factory

2007-11-08 00:00:00

FE ReportTop executives of Methodist Healthcare of the USA visited the factory of Square Pharmaceutical Limited at Kaliakoir in Gazipur recently, according to a press release.The executives are Chief Executive Officer (CEO) of the Methodist Healthcare Gary Shorb and Chief...

European stocks rise

2007-11-08 00:00:00

LONDON, Nov 7 (AFP): Europe's main stock markets extended gains in morning trade Wednesday as investors tracked fresh record highs for oil prices and the euro. London's FTSE 100 index of leading companies climbed by 0.34 per cent to 6,496.90...

Alibaba.com nearly triples in Hong Kong debut

2007-11-08 00:00:00

HONG KONG, Nov 7 (AFP): Shares in Alibaba.com nearly tripled in their first day of trading in Hong Kong Tuesday, as the frantic boom in China-related stocks showed no sign of letting up. Shrugging off warnings of a stock market...

Most Asian markets rise after Wall Street gain

2007-11-08 00:00:00

BANGKOK, Nov 7 (AP): Most Asian markets rose Wednesday after Wall Street was lifted overnight by companies outside the banking, lending and housing industries. Japanese stocks, meanwhile, fell their fourth straight session.Shares advanced in Australia, China, Malaysia, New Zealand and...

Benazir ups pressure on Musharraf over emergency rule

2007-11-08 00:00:00

ISLAMABAD, Nov 7 (AFP): Former Pakistani premier Benazir Bhutto was to hold crisis talks with other opposition leaders Wednesday over the nation's state of emergency, turning the screw on President Pervez Musharraf. She flew to the capital Islamabad from her...

Iran reaches key nuclear target: Ahmadinejad

2007-11-08 00:00:00

TEHRAN, Nov 7 (AFP): Iran has built a landmark 3,000 centrifuges for uranium enrichment, President Mahmoud Ahmadinejad announced Wednesday, despite international pressure to halt its atomic work. "We have now reached 3,000 machines," a defiant Ahmadinejad told a rally in...

Myanmar rejects meeting with UN, Kyi

2007-11-08 00:00:00

YANGON, Nov 7 (AFP): Myanmar's junta has rejected a three-way meeting with UN special envoy Ibrahim Gambari and detained opposition leader Aung San Suu Kyi and refuses to bow to external pressure, state media said Wednesday. The military government also...

Afghanistan in mourning after attack kills 40

2007-11-08 00:00:00

PUL-I-KHUMRI, Nov 7 (AFP): Afghan President Hamid Karzai Wednesday declared three days of national mourning after about 40 people were killed, six of them lawmakers, in the country's deadliest suicide bombing. A mass funeral was held in the rural town...

8-limbed Indian girl has successful surgery

2007-11-08 00:00:00

BANGALORE, India, Nov 7 (Reuters): Doctors in India have successfully operated on a 2-year-old girl born with four arms, four legs and extra internal organs, doctors said Wednesday. A team of around 30 medics removed what amounted to Lakshmi Tatma's...

Floods kill 82 in Vietnam,typhoon likely at weekend

2007-11-08 00:00:00

HANOI, Nov 7 (Reuters): Dozens of people were killed in central Vietnam trying to cross streams or salvage wood in floodwaters, raising the death toll to 82 before a typhoon lands at the weekend, government reports said Wednesday. Storms and...

Turkish soldier killed in separatist attack

2007-11-08 00:00:00

ISTANBUL, Nov 7 (Reuters): A Turkish soldier was killed late Tuesday when Kurdish rebels fired on a police station in Tunceli province, security sources said Wednesday. The attack came a day after U.S. President George W. Bush told Turkish Prime...

Bomb attacks kill 4, wound 5 in Thai Muslim south

2007-11-08 00:00:00

YALA, Thailand, Nov 7 (Reuters): Suspected separatist rebels launched two bomb attacks in Thailand's rebellious Muslim south, killing four people and wounding five, including a Muslim boy, police said Wednesday. Three members of a bomb squad were killed and one...

Australia bans China-made toy after children fall ill

2007-11-08 00:00:00

SYDNEY, Nov 7 (Reuters): Australia announced a nationwide ban Wednesday on a Chinese-made toy which investigations showed contained a chemical which metabolises into a "date rape" style drug when swallowed. The ban across Australia's six states and two territories came...

Kuala Lumpur market takes a breather

2007-11-08 00:00:00

Pete Wong After the slew of incentives announced by the Malaysian government since the beginning of the year to boost the property sector, the Kuala Lumpur market has gone quiet in recent times. However, the lull is not expected to...

IRETO warns property declines and a possible recession

2007-11-08 00:00:00

The credit crunch and possible recession will most likely lead to a decline of property values by around 15 per cent to 20 per cent in the US commercial real estate market, Real Estate expert Bryan Shaffer explained at a...

Vietnam drafts property tax law to curb prices

2007-11-08 00:00:00

Vietnam is drafting a real estate ownership tax law to curb skyrocketing property prices and speculation amid scenes of people queuing overnight to join lotteries for apartments, property dealers saidThey said overall property prices have gone up about 50 percent...

Ready for New York city life

2007-11-08 00:00:00

Joyce Cohen IF John Berglund was going to take a job in New York, he and his family most certainly were going to live in the centre of the city.They had already lived in the suburbs and the country. City...

Property turnover drops in China

2007-11-08 00:00:00

October has traditionally been a month for strong real estate sales in China. But that hasn't been the case this year, with turnover dropping in Beijing, Shanghai and Guangzhou. Many see this as a result of effective policies, one of...

Dollar hovers close to record low against euro

2007-11-08 00:00:00

TOKYO, Nov 7 (AFP): The dollar languished close to a record low against the euro in Asian trade today as markets speculated about the chances of another US interest rate cut, dealers said. They said the greenback continued to be...

Emirates skycargo adds Mexico to Americas mix

2007-11-08 00:00:00

DUBAI, UAE Nov 07: Emirates SkyCargo is fast-tracking its expansion in the Americas, offering offline cargo capacity to Mexico from 14th November, after having launched direct non-stop services to Sao Paulo and Toronto in October, says a press release.Emirates SkyCargo...

Diamonds not always a girl's best friend in China

2007-11-08 00:00:00

BEIJING, Nov 7 (Reuters): Well-heeled Chinese women are questioning the old maxim that diamonds are a girl's best friend as their jewellery collections expand along with their bank balances. While diamonds are definitely still a must-have in the jewellery boxes...

MTI names new Country Representative

2007-11-08 00:00:00

Saima Mazhar has been recently appointed the Country Representative of MTI Consulting Bangladesh, says a press release. Saima has been with MTI since its inception and has been extensively involved in all the projects for MTI Bangladesh and has also...

Many Chinese still prefer govt jobs

2007-11-08 00:00:00

BEIJING, Nov 7 (Reuters): A post with China's Ministry of Agriculture was the most sought after position at last weekend's civil service exams, state media said, adding that a job with the government was still considered attractive by many Chinese....

Chronic homelessness in US dips nearly 12 pc

2007-11-08 00:00:00

WASHINGTON, Nov 7 (AP): The number of people who are chronically homeless dropped by nearly 12 per cent from 2005 to 2006, according to government estimates being released Wednesday. The Department of Housing and Urban Development credited government programmes designed...

Indonesia's three divas fix the nation's finances

2007-11-08 00:00:00

JAKARTA, Nov 7 (Reuters): They're called the three divas but the three most powerful women in Indonesia are anything but prima donnas. They're economists who together are setting Southeast Asia's biggest economy on track for its fastest growth in 11...