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Red Crescent delegation meets President

2007-07-05 00:00:00

A 15-member delegation of Bangladesh Red Crescent Society led by its chairman Mohammad Abdur Rab made a courtesy call on President Iajuddin Ahmed at Bangabhaban Wednesday, reports UNB.The President stressed the need for expanding the activities of the Red Crescent...

Detained CCC superintending engineer dies

2007-07-05 00:00:00

CHITTAGONG, July 4 (UNB): Superintending Engineer of Chittagong City Corporation (CCC) M Shahidullah, earlier arrested in a graft case, died at Chittagong Medical College Hospital (CMCH) Wednesday morning. Chittagong jail super Bazlur Rashid said Shahidullah (54), who fell sick during...

Harassment by police on charge of abduction

2007-07-05 00:00:00

COX'S BAZAR, July 4 (UNB): Police allegedly resorted to repression and harassment of a poor family as the daughter of a police officer has eloped with her paramour and quietly married him.Sub-inspector Harunur Rashid filed an abduction case against Rahmatullah,...

Faridpur pourasava announces Tk 191m budget

2007-07-05 00:00:00

FARIDPUR, July 4 (UNB): Faridpur Pourashava has announced Tk 191.0 million budget for fiscal 2007-08.Acting Pourashava chairman Ali Ahsan Kallol formally announced the budget at the pourashava auditorium Monday night in presence of local elite, journalists and ward commissioners.In the...

UN business summit aims to make companies more responsible

2007-07-05 00:00:00

GENEVA, July 4 (AFP): United Nations Secretary General Ban Ki-moon will open one of the world body's biggest meetings with business leaders Thursday to try to sharpen global standards for corporate behaviour. More than 600 senior executives are registered for...

Growth in China's roaring economy likely to continue apace in 2007

2007-07-05 00:00:00

SHANGHAI, July 4 (Agencies): Growth in China's roaring economy is expected to continue apace this year, rising 10.9 per cent, a government think tank report said today, urging further economic cooling measures. The projected annual growth is slightly higher than...

Eurozone economy makes good start in 2007

2007-07-05 00:00:00

BRUSSELS, July 4 (Xinhua): The eurozone economy started 2007 on a healthy footing, the European Commission said in a report yesterday, denying the euro's rise was hurting exports significantly. The eurozone achieved an annual growth rate of 3 per cent...

France to defend farm sector in WTO talks

2007-07-05 00:00:00

PARIS, July 4 (AFP): French Prime Minister Francois Fillon vowed yesterday to defend the interests of French farmers at the ongoing World Trade Organisation (WTO) talks. Fillon said during a state of the nation address that the new French government...

British finmin rejects economic nationalism as 'nonsense'

2007-07-05 00:00:00

LONDON, July 4 (AFP): Britain's new finance minister Alistair Darling rejected the concept of economic nationalism as "nonsense" in an interview published today. Speaking to the Financial Times from his central London office, Darling said that there was an ideological...

Intech Online approves 10pc bonus share

2007-07-05 00:00:00

FE ReportIntech Online Limited has approved 10 per cent bonus share to its shareholders for the last year. The approval was made at the 7th annual general meeting of the company held at the Trust auditorium, Kurmitola in the city...

Nepal, UAE sign labour pact

2007-07-05 00:00:00

KATHMANDU, July 4 (PTI): Nepal has signed a labour pact with the United Arab Emirates (UAE), which will grant legal recognition to Nepalese labourers in the Gulf country, according to foreign ministry officials. Minister of State for Labour and Transport...

Oil prices continue to fall in subdued Asian trade

2007-07-05 00:00:00

SINGAPORE, July 4 (AFP): Oil prices continued lower in subdued Asian trade tosday, with the market quiet due to the US Independence Day holiday and ahead of a weekly US energy inventory report, dealers said. New York's main oil futures...

Dollar pauses in Asia as dealers look to Europe

2007-07-05 00:00:00

TOKYO, July 4 (AFP): The dollar took a breather in Asian trade today as the market looked ahead to this week's European interest rate decisions, with US markets closed for a national holiday, dealers said. The dollar was steady at...

More than 80pc of China's products up to standard

2007-07-05 00:00:00

BEIJING, July 4 (CEIS): China's quality watchdog said yesterday that a sample survey shows 80.9 per cent of products made in China for domestic consumption were up to quality and safety standards in the first half of 2007. The survey...

EU says euro appreciation taking only modest toll on exports

2007-07-05 00:00:00

BRUSSELS, July 4 (Xinhua): The euro appreciation has taken only a modest toll on export growth, the European Commission said yesterday as the single currency hovered around its record high. The European Union's executive arm said despite the euro's rise,...

Myanmar, S Korea to cooperate in developing electric power network

2007-07-05 00:00:00

YANGON, July 4 (Xinhua): South Korea and Myanmar will cooperate in developing Myanmar's electric power network dealing with management and operation under a three-year project worth 1.4 million U.S. dollars, the local Flower News reported today. The network development project,...

Petro supply in Nepali capital to become normal after week-long strike

2007-07-05 00:00:00

KATHMANDU, July 4 (Xinhua): Petroleum supply in the Nepali capital Kathmandu Valley is to become normal by today evening, thanks to the resumption of transportation after a week- long strike. More than 35 tankers carrying petroleum products entered the valley...

Indonesia to import more LPG in 2008

2007-07-05 00:00:00

JAKARTA, July 4 (Xinhua): Indonesia's state oil and gas firm PT Pertamina will import 500,000 tons of liquefied petroleum gas ( LPG) next year as part of the government's program to replace highly subsidized kerosene, local press said today. The...

Agrani Insurance approves 7pc cash dividend

2007-07-05 00:00:00

The seventh Annual General Meeting (AGM)--2006 of Agrani Insurance Company Limited held in the city recently approved 7.0 per cent cash dividend for the year 2006, said a press release.Chairman of the company Zaker Ahmed presided over the meeting.Vice Chairman...

China to draft legislation on energy-saving buildings

2007-07-05 00:00:00

BEIJING, July 4 (CEIS): The State Council yesterday started to solicit public opinions about a draft regulation aimed at reducing energy consumed by China's residential and public buildings. "The temperature of all China's air-conditioned public rooms should be no lower...

New lives for victims of slave labour

2007-07-05 00:00:00

Mario OsavaJosé Alves has held on, for memory's sake, to what is left of the old bicycle that took him hundreds of kilometres throughout Brazil's eastern Amazon jungle region as he "hunted for work to improve my life." His need...

Protests, hypocrisy at nuclear carrier's port call

2007-07-05 00:00:00

Praful Bidwai The port call of a United States nuclear-powered aircraft carrier to Chennai in southern India has provoked strong protests from a spectrum of political parties, trade unions, peace groups and environmentalists. It has also exposed a yawning gap...

New bubble appears as Asian tigers roar again

2007-07-05 00:00:00

William PesekIn the annals of unintended consequences, Asia's reserve bubble deserves a mention. Ten years after the start of the Asian crisis, the region's $3.0 trillion-plus of foreign-exchange reserves are having two noticeable effects. One, scaring away the speculators who...

ACC likely to start serving notices to 12 more graft suspects today

2007-07-05 00:00:00

The Anti-Corruption Com-mission (ACC) is likely to begin serving notices today (Thursday) to another 12 corruption suspects, mostly politicians like Altaf Hossain Chowdhury, Sheikh Fazlul Karim Selim and Lutfozzaman Babar, to submit their wealth statements within seven working days, reports...

CG creating suitable atmosphere for general elections: Mainul

2007-07-05 00:00:00

Adviser for Law, Justice and Parliamentary Affairs, and Information Mainul Hosein Wednesday said the present caretaker government (CG) is working for creating a suitable atmosphere for holding the general elections in the country.The law adviser said this when newly-appointed Chinese...

HC may consider Sigma Huda's immunity from arrest

2007-07-05 00:00:00

The High Court (HC) Wednesday rejected Sigma Huda's appeal seeking immunity from arrest and detention as special United Nations (UN) rapporteur on human trafficking. But the HC vacation bench of justices ABM Khairul Haque and Ashfaqul Islam said the trial...

Two Jubo Dal, JCD leaders held in Khulna, B'baria

2007-07-05 00:00:00

KHULNA, July 4 (UNB): The joint forces arrested a Jubo Dal leader from a house in the city on charge of corruption Monday afternoon.Acting on a tip-off, the joint forces arrested former Khulna City Jubo Dal General Secretary Tariqul Islam...

Bhuiyan to unveil amended reform plan in two days

2007-07-05 00:00:00

BNP secretary general Abdul Mannan Bhuiyan said Wednesday he would publicise a complete party reform proposal in two days, reports bdnews24.com. "The existing proposal will be amended with some new points on national politics and governance," Bhuiyan told reporters at...

Court clears Nadim Mostafa of relief scam charges

2007-07-05 00:00:00

RAJSHAHI, July 4 (bdnews24.com): A Rajshahi court Wednesday cleared former Bangladesh Nationalist Party (BNP) lawmaker Nadim Mostafa of the charges of misappropriating corrugated iron (CI) sheets meant for relief. Rajshahi additional sessions judge Rezaul Islam ordered the acquittal of Nadim,...

Charge sheet against Bachchu Mollah, 13 others

2007-07-05 00:00:00

KUSHTIA, July 4 (UNB): The police submitted charge sheet Monday against former BNP lawmaker Reza Ahmad Bachchu Mollah and 13 others in an extortion case. Sub Inspector of Daulatpur thana Nasir submitted the charge sheet in the Daulatpur cognizance court.Matiur...