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science briefing

2007-07-16 00:00:00

Clive CooksonButterflies win bacterial warfareNatural selection has enabled butterflies on neighbouring South Pacific islands to fight back with extraordinary speed against male-killing bacteria. Within 10 generations, the proportion of male "blue moon" butterflies on Upolu and Savaii in Samoa rose...

DCCI fears fallouts from BB monetary policy

2007-07-16 00:00:00

FE Report The Dhaka Chamber of Commerce and Industry (DCCI) Sunday expressed the fear that the Bangladesh Bank (BB)-announced monetary policy would further increase the cost of doing business as the bank loans are expected to rise.The DCCI also expressed...

Dollar, call rate unchanged

2007-07-16 00:00:00

FE ReportThe US dollar remained unchanged with downward bias against the Bangladesh taka (BDT) Sunday in the inter-bank foreign exchange market due to lower demand for the greenback, fund managers said.The market was moderately active because of weekend in the...

WB directors test Zoellick

2007-07-16 00:00:00

Krishna Guha in Washington and Richard McGregor in Beijing FT Syndication ServiceNine of the World Bank's 24 executive directors have written to its new president, Robert Zoellick, challenging its role in publishing controversial indicators that attempt to measure the quality...

Buying spree boosts share prices

2007-07-16 00:00:00

FE ReportIndices on the Dhaka Stock Exchange (DSE) gained amid a hefty turnover and capitalisation due to buying spree Sunday, the first trading session of the week.Market operators said the investors are buying the issues. As a result, the indices...

AL Chief Sheikh Hasina arrested, sent to jail hajot

2007-07-16 00:00:00

Dhaka, July 16 (UNB)-Former Prime Minister and Awami League President Sheikh Hasina was arrested from her Dhanmondi Sudha Sadan residence this (Monday) morning in a corruption case and sent to a jail hajot in parliament building complex.. She was arrested...

Adviser urges expats to avail of govt-offered special privilege

2007-07-15 00:00:00

Foreign Adviser Iftekhar Ahmed Chowdhury held out government offer of special privilege for investment back in the country by Bangladeshi expatriates, reports UNB."For this purpose, a 'Special Economic Zone' is being established. Land acquisition is already under process to build...

Developments in the region and abroad

2007-07-15 00:00:00

India to move to get official status for Hindi at UN NEW YORK, July 14 (PTI): India has said it would take quick and focused action on recommendations of the 8th World Hindi Conference and make immediate diplomatic moves to...

Mystery over Mymensingh suicides deepens

2007-07-15 00:00:00

Brahmanbaria/Mymensingh, July 14 (bdnews24.com): The suicide of nine members of a family in Mymensingh has been wrapped in further mystery with the emergence of a woman who claims to be a member of the family. Merazunnahar Mobi, who identified herself...

North Korea gets oil for reactor promise

2007-07-15 00:00:00

PYONGYANG, (North Korea) July14 (Agencies): UN inspectors arrived in North Korea Saturday to monitor the communist country's long-anticipated promise to scale back its nuclear weapons program, while the top US nuclear envoy said he expected Pyongyang's reactor to be shut...

Laura Bush to attend Lady Bird service

2007-07-15 00:00:00

AUSTIN, Texas July 14 (Agencies): Former presidents and first ladies headed to Texas for a funeral service Saturday honoring Lady Bird JohnsonFirst Lady Laura Bush and former first lady Barbara Bush planned to attend the service at Riverbend Centre. Former...

Pak troops sent to dissuade jihad

2007-07-15 00:00:00

LAHORE, Pakistan (AFP): A day after Muslims staged mass protests over the deadly Red Mosque raid, Pakistan's president Saturday faced a pro-democracy rally in support of the country's suspended top judge. Thousands were expected to turn out in the eastern...

Army pounds Lebanon camp

2007-07-15 00:00:00

NAHR AL-BARED, (Lebanon), July 14 (Reuters): Lebanese troops pounded a refugee camp in north Lebanon Saturday where barricaded al Qaeda-inspired militants clashed with them and fired at least two Katyusha-type rocketsThe army and Fatah al-Islam militants have fought often ferocious...

US kills six using 'human shields' in Iraq

2007-07-15 00:00:00

BAGHDAD, July 14 (AFP): A US air strike in Iraq's restive Diyala province killed six alleged militants who used women and children as "human shields" on the rooftop of a building Saturday, the military said. US forces came under small...

Powerful typhoon lashes southern Japan

2007-07-15 00:00:00

TOKYO, July 14 (AFP): Japan was on high alert Saturday as a powerful typhoon lashed the southern main island of Kyushu, forcing thousands of people to flee their homes. Typhoon Man-yi, packing winds of up to 216 kilometres (135 miles)...

news digest

2007-07-15 00:00:00

Albania first country to destroy chemical arsenal THE HAGUE, July 13, 2007 (AFP): Albania has become the first country to verifiably destroy its stock of chemical weapons, the Organisation for the Prohibition of Chemical Weapons announced from its headquarters in...

Warid awards 'Everyday Everyone is a Winner' campaign winners

2007-07-15 00:00:00

FE ReportThe authorities of Warid Telecom have honoured the winners of 'Everyday Everyone is a Winner' campaign introduced for its pre-paid Zem subscribers. Chief Executive Officer (CEO) of the company Muneer Farooqui handed over gifts to the winners in two...

Greenback appears weak against BDT

2007-07-15 00:00:00

Sarwar Zahan US dollar appeared weak against Bangladesh taka (BDT) last week because of lower demand for the greenback. The exchange rate of the greenback fluctuated between Tk 68.62 and Tk 68.67 against the previous week's range between Tk 68.70...

Most Asian markets rise

2007-07-15 00:00:00

HONG KONG, July 14 (AP): Most Asian markets advanced strongly Friday, with companies like Samsung and China Mobile surging on investor optimism about their earnings potential.Sentiment was also buoyed by Wall Street's overnight rally, with shares in Hong Kong, South...

Handloom industry passing hard time

2007-07-15 00:00:00

Our CorrespondentSIRAJGANJ, July 14: The handloom industry in Sirajganj and Pabna districts, once the hub of handloom industry in the country, is passing through a trying time and facing threats of extinction due to lack of patronage, shortage of funds...

Indian shares to reach new highs

2007-07-15 00:00:00

MUMBAI, July 14 (AFP): Indian share prices may hit a fresh record next week on strong demand for global equities after the benchmark 30-share Sensex index surged past the 15,000 points level Friday, dealers said. Indian shares rose 308.6 points...

AKTEL launches Golden Call programme

2007-07-15 00:00:00

FE ReportAKTEL has launched mega campaign-'The Golden Call' in celebration of its 10th year of operations with the support of its 6.7million customers in the country, said a press release. Under this campaign, call from 0123 will shower the AKTEL...

EXIM Bank, FAS sign credit deal

2007-07-15 00:00:00

FE ReportThe Export-Import (EXIM) Bank of Bangladesh Limited has agreed a credit line facility of Tk 100 million to the Fidelity Assets and Securities (FAS) Company Limited, a non-bank financial institution.In this connection, a Pari Passu Security Sharing Agreement was...

Energizer to acquire Playtex

2007-07-15 00:00:00

ST. LOUIS, July 14 (AP): The Energizer Bunny is taking on skin care products, wet wipes and sippy cups. Energizer Holdings Inc., known for its infinitely running bunny, will buy Playtex Products Inc. for US$1.16 billion as the company expands...

Viral disease hits shrimp farming in Bagerhat

2007-07-15 00:00:00

Our CorrespondentBAGERHAT, July14: The shrimp farmers in the district are facing a severe crisis due to an outbreak of a deadly viral disease infecting the shrimps, sources said.Although the introduction of modern technology and scientific management is likely to save...

BWCCI for proper execution of BB circular on refinancing women-run SMEs

2007-07-15 00:00:00

FE reportThe Bangladesh Women Chamber of Commerce and Industry (BWCCI) has requested the government for proper execution of the Bangladesh Bank (BB) circular on refinancing small and medium enterprises (SMEs) run by women. It also urged the government to increase...

Bangladesh Brand Forum launches 'Marketers Meet'

2007-07-15 00:00:00

FE Report Bangladesh Brand Forum (BBF) launched 'Marketers' Meet' in an informal knowledge exchange session at the auditorium of IBA (Institute of Business Administration), the University of Dhaka, Saturday, said a press release.The Marketers' Meet, which will take place quarterly,...

Rise in cross-border smuggling

2007-07-15 00:00:00

Our Correspondent BRAHMANBARIA, July 14: The government is being deprived of a large amount of revenue due to rise in cross-border smuggling in the district, sources said. As the Indian smuggled goods have flooded the local markets, sales of the...

Farman Chy made ONE Bank MD

2007-07-15 00:00:00

FE ReportFarman R Chowdhury has taken over the charge of managing director of ONE Bank Limited recently. Prior to this office, he was the deputy managing director and head of marketing of the same bank.He joined the bank at its...

Square Pharma gets gold medal from Ceylon chamber

2007-07-15 00:00:00

FE ReportSquare Pharmaceuticals Ltd, a leading pharmaceutical company in Bangladesh, has been awarded gold medal as an "Achiever of Industrial Excellence" from amongst the SAARC countries for the year 2007 by Ceylon National Chamber of Industries (CNCI).This award was given...