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Asian stocks drop, led by Sony, on global interest rate concern

2007-06-10 00:00:00

SINGAPORE, June 9 (Bloomberg): Asian stocks fell this week, after setting a new high, on concern rising global interest rates will curb spending and investment worldwide. Sony Corp. and DBS Group Holdings Ltd. declined. "We are moving into a phase...

European stocks decline

2007-06-10 00:00:00

LONDON, June 9 (Bloomberg): European stocks posted their biggest weekly slide in three months after the European Central Bank raised its benchmark interest rate and yields on US 10-year Treasury notes touched the highest in five years. UBS AG, Europe's...

New chairman of SMC

2007-06-10 00:00:00

Jalaluddin Ahmed has been elected chairman of the Social Marketing Company (SMC). Ahmed is a former secretary and has a distinguished educational and service background. He joined the Civil Service of Pakistan in 1961. During his long career, he served...

Preliminary round of Lakme NextGen Designer Search-'07

2007-06-10 00:00:00

The preliminary round of the Lakme NextGen Designer Search-2007 was held at sports zone in the city recently. A total of 26 designers showcased their lines on the ramp. Sculptor Ferdousi Priovashini, fashion photographer David Barikder and fashion designer Shahrukh...

IPO diary

2007-06-10 00:00:00

Bangladesh Finance and Investment Company Ltd Nature of Business: Lease Finance & Term Finance Subscription Opens: June 10 2007Subscription Closes: June 14 2007 Subscription for NRB: June 10, 2007 to June 23, 2007 Offer Price (Tk.): 100.00 Market lot (Share):...

Higher inflation and rising costs of living

2007-06-10 00:00:00

THE rate of inflation is showing no signs of abatement. The rate that was remarkably on the low side in the early nineties has now gone up. The latest official measure of inflation puts it at 7.4 per cent until...

API Park will add to robust pharmaceutical growth

2007-06-10 00:00:00

Shahiduzzaman KhanThe WTO agreement on TRIPS (Trade Related Intellectual Property Rights) has opened up doors to enormous opportunities for the Bangladesh pharmaceuticals sector, Bangladesh is the only country among the 50 LDCs which has strong manufacturing base of finished pharmaceuticals....

Setting up institutional barriers to corruption

2007-06-10 00:00:00

Anwar AhmedWHAT the Chief Adviser (CA) has underlined in his recent address to the conference of deputy commissioners (DCs), is very significant particularly in the backdrop of the on-going drive against corruption. The CA has proposed creating conditions within institutions...

Analysing the route to happiness

2007-06-10 00:00:00

Martin Wolf HAPPINESS is fashionable these days. Yet should we accept the common view that the new "science" of happiness has cemented the superiority of Scandinavian social democracy over Anglo-Saxon liberalism? The answer is: No. The results are just as...

For action against noise pollution

2007-06-10 00:00:00

THE government decided two years ago that it would make laws to control noise pollution. Accordingly, the draft of an act was prepared that recommended Taka 10,000 as fine and maximum six months of imprisonment for producing noise higher than...

Primary teachers' transfer

2007-06-10 00:00:00

THE teachers of a government primary school may not be highly paid persons. But they are important persons being responsible for imparting formal education at the beginning institutional level of formal education. But they are indeed poorly paid. But it...

The Great American disconnect -- I

2007-06-10 00:00:00

Tom EngelhardtFinally, the great American disconnect may be ending. Only four years after the invasion of Iraq, the crucial facts-on-the-ground might finally be coming into sight in this country -- not the carnage or the mayhem; not the suicide car...

G8: Much talk, too few results

2007-06-10 00:00:00

Julio Godoy from Heiligendamm, GermanyThis yearr's summit of the G8 heads of government will likely be remembered as a "how not to" organise such an event, for the contrast between the expectations it raised and its negligible accomplishments, and for...

'Discipline-flourishing democracy' in Burma promised

2007-06-10 00:00:00

Marwaan Macan-Markar in BangkokBURMA'S acting prime minister, Thein Sein, has summed up in four words the political direction his country is headed for once a new constitution is approved. It will be a ''developed discipline-flourishing democratic state,'' he says. His...

Afghan envoy visits IUT

2007-06-10 00:00:00

FE ReportAmbassador of the Islamic Republic of Afghanistan to Bangladesh Ahmad Karim Nawabi paid a visit to the Islamic University of Technology (IUT), a subsidiary organ of the Organisation of the Islamic Conference (OIC), Thursday. The IUT Vice-Chancellor M Fazli...

Eight persons killed in separate incidents

2007-06-10 00:00:00

Eight persons were killed and many others injured in separate incidents in different places of the country during the last two days, report agencies.In Bagerhat, three people were killed and two others injured in separate incidents in Chitalmari and Mollahat...

Urea crisis may hit jute cultivation

2007-06-10 00:00:00

PANCHAGARH, June 9 (UNB) : Prevailing urea fertilizer crisis may hit jute cultivation in the district in the current season.Jute cultivators said that they could not use urea on about 550 hectares of land, as they didn't receive any for...

Bridge over Padma at Paturia-Daulatdia point demanded

2007-06-10 00:00:00

Chairman of Paturia-Daulatdia Padma Setu Bastabayan Parishad Muhammad Sham-ul-Haque in a statement urged the government to approve the project to build a bridge with railway lines on BOT or BOO basis over the river Padma at Paturia-Daulatdia point to be...

World Day against Child Labour on June 12

2007-06-10 00:00:00

The World Day Against Child Labour will be observed in the ILO member countries including Bangladesh on June 12 with the theme "Harvest for the future: Agriculture without child labour", reports BSS. To observe the day at the national level,...

Train bogies derail in Naogaon

2007-06-10 00:00:00

NAOGAON, June 9 (UNB): Train communication on the Parbatipur-Khulna-Rajshahi route remained halted since Friday night as an engine along with seven compartments of a freight train derailed at Atrai rail station here.Railway sources said the engine and the seven compartments...

Urs at Luxmi Bazar Mia Saheb Maidan today

2007-06-10 00:00:00

The annual urs of Mia Saheber Maidan, Luxmi Bazar marking the 28th death anniversary of 7th Sajjadanshin of the khankah sharif Alhaj Hazrat Shah Sufi Sayeed Ahmad Ullah ® will be held on the khankah premises today (Sunday), said a...

Discussion on1857 movement held at DU

2007-06-10 00:00:00

A discussion on the 150th anniversary of 1857 movement was held at the Teacher-Student Centre (TSC) of Dhaka University (DU) Saturday, reports BSS. National Committee for Celebration of the 150th Anniversary of Great Mutiny organised the discussion with its convener...

NU VC returns home

2007-06-10 00:00:00

National University (NU) Vice-chancellor (VC) Wakil Ahmed returned home Friday morning after attending the Council Meeting of the Association of Commonwealth Universities (ACU) held at Penang City, Malaysia, said a press release. He had left the city for Malayaisa on...

CG to transfer power to elected govt soon after fair polls: CA

2007-06-10 00:00:00

Chief Adviser (CA) of caretaker government (CG) Fakhruddin Ahmad informed the visiting EU-Troika delegation that his government was committed to holding a free, fair and credible election after completion of the ongoing reforms to hand over power to an elected...

EU Troika for congenial atmosphere for holding fair polls: AL leaders

2007-06-10 00:00:00

The European Union (EU) Troika delegation said in the city Saturday that it was necessary to create a congenial atmosphere for holding a free and fair election "soon".They were quoted as telling some Awami League (AL) leaders who called on...

Pilot project on voter list starts today

2007-06-10 00:00:00

SREEPUR (Gazipur), June 9 (bdnews24.com): Sreepur Municipality of Gazipur district has donned a festive look as the locale for the voters' list pilot project that begins today (Sunday). Voters would also be provided with national identity (ID) cards under the...

BDR, BSF trade gunfire

2007-06-10 00:00:00

SATKHIRA, June 9 (UNB): The members of Bangladesh Riffles (BDR) and Indian Border Security Force (BSF) traded gunfire across separate frontier points in the district early SaturdayThe BDR sources said the BSF troops of Arshikori camp fired three shots on...

Meherpur municipality chairman sent to jail

2007-06-10 00:00:00

MEHERPUR, June 9 (UNB): Meherpur Municipality Chairman arrested in an extortion case was sent to jail when produced before the court today.Joint forces picked up Motassim Billah Motu from his home in the town Friday night. Police said Ahlladi Begum,...

China to continue support for spread of education

2007-06-10 00:00:00

MONOHARDI, Narsingdi, June 9 (BSS): Chinese Ambassador Zheng Qingdian said here today that his country would continue to support Bangladesh for the expansion of education and skill development.Addressing a function during a visit to Narandi-China Friendship Centre here, he said...

Security 'excesses' at Sudha Sadan irk Hasina

2007-06-10 00:00:00

Awami League President Sheikh Hasina Saturday took a dig at the security men over their "ultra-stringent behaviour" to let visitors into her Sudha Sadan home, reports bdnews24.com. She asked the head of the contingent to explain the excessive control and...