Tahir QadiryWhile United States officials accuse Iran of arming a resurgent Taliban, officials here say the weapons are actually part of vast caches left behind by the Soviet army that fought a nine-year war in Afghanistan before withdrawing in 1988.Ustad...
Lynette Lee CorporalAgainst the backdrop of a key Thai official's latest statement, the tug-o-war between the government and campaigners against Internet censorship looks far from being resolved any time soon.At issue is how far the government can come in, citing...
David WesselWall Street wizards discover the world is riskier and more complex than they -- and their foolproof computer models -- recognize. Congress ponders tweaking the tax code to squeeze takeover kings. The U.S. trade deficit is widening, and the...
PYONGYANG, North Korea, June 29 (AP): The UN nuclear watchdog and North Korea have reached an agreement on how the agency will monitor and verify shutdown of the country's main nuclear reactor, a top official said Friday. A team from...
WASHINGTON, June 29 (AFP): The US Senate dealt a severe blow to President George W. Bush Thursday, blocking a landmark immigration reform seen as one of his last, best hopes for a legacy-boosting second term victory. Senators voted 53 to...
JERUSALEM, June 29 (AFP): Israel's disgraced president Moshe Katsav resigned Friday, one day after signing a controversial plea bargain that will see him convicted of sexual offences but not of initial rape charges. Katsav, who suspended himself from duty in...
WASHINGTON, June 29 (AFP): The United States held rare talks with the Myanmar military junta in Beijing to press for the release of the Southeast Asian state's democracy icon Aung San Suu Kyi, the State Department said Thursday. At the...
HONG KONG, June 29 (AFP): President Hu Jintao arrived here Friday at the start of three days of celebrations marking Hong Kong's first decade after returning to Chinese rule. The Chinese leader is expected to kick off his visit with...
TURBAT, June 29 (AP): Hungry victims of monsoon-spawned floods rioted Friday, protesting slow, meager aid reaching their marooned villages where many feared the receding waters would yield numerous corpses. Police fired tear gas and shots into the air but failed...
LONDON, June 29 (AP): Police thwarted an apparent terror attack Friday, discovering a parked silver Mercedes that was packed with gas containers and a large number of nails. The attack would have caused "significant injury or loss of life," police...
BAGHDAD, June 29 (AFP): Insurgents killed five US soldiers and wounded seven more in an ambush in which they detonated a roadside bomb and opened fire on a patrol in Baghdad, the US military reported Friday. The attack took place...
KUALA LUMPUR, June 29 (AFP): Hundreds of Malaysian Muslims demonstrated Friday outside the British and US diplomatic missions to protest against Salman Rushdie's knighthood and the Bush administration. Led by Malaysia's main Islamic opposition, the Pan-Malaysia Islamic (PAS) party, about...
MADRID, June 29 (AP): An Italian man and Portuguese woman who allegedly tried to extort money from the parents of missing British 4-year-old Madeline McCann remained in custody in southern Spain Friday pending further questioning, a police spokeswoman said. Police...
BEIJING, June 29 (AFP): China Friday appointed only its second non-Communist Party member to the country's cabinet since the 1970s, state media reported. A French-trained scientist Chen Zhu, aged 54, has been give the position as the country's new health...
FE ReportThe inclement weather across the country has made green chilli and some vegetables dearer in the city markets as their production was hampered. The prices of edible oil at the wholesale level continued to fall in the local markets.During...
The 8th annual general meeting of the National Housing Finance and Investments Limited was held at a city hotel recently, said a press release.Chairman of the company M Haider Chowdhury presided over the meeting.National Housing commenced its operation with a...
The 21st annual general meeting of the Phoenix Insurance Company Ltd was held in the city Wednesday, said a press release. The company declared 30 per cent stock dividend for the shareholders for the year 2006.Chairman of the company Mohammad...
FE ReportThe Bangladesh Bank (BB) has planned to provide incentive to the public for recovering Tk 5.0 and Tk 2.0 coins, which have already disappeared from the market. "We are planning to recover such coins from the public providing incentive...
Sarwar ZahanThe inter-bank call money rate was almost steady last week despite regular withdrawal of significant amounts of cash through auctions of reverse repurchase agreement (repo) and treasury bills, fund managers said.The central bank, on the other hand, refrained from...
Standard Chartered BankJune 24 - June 28, 2007The US dollar/BDT market was liquid and BDT gained ground against USD last week. Dollar showed a downward trend against Bangladeshi Taka.Money MarketOvernight money market was flat last week. The call money rate...
Sadharan Bima Corporation (SBC), the only general insurance organisation in the public sector, earned net profit of Tk. 420.40 million in 2006 as against Tk. 363.80 million in 2005, said a press release. It has contributed Tk 380.40 million in...
Doulot Akter MalaThe changes in duty structure proposed initially in the national budget for the fiscal 2007-08 will cause losses to the tune of Tk 4.09 billion (409 crore) to the public exchequer.The government has reduced the proposed duties on...
Chief Adviser (CA) Dr Fakhruddin Ahmed Friday said the ban on indoor politics would be lifted at an appropriate time in near future and parliamentary elections held before the end of next year, reports UNB."Already political parties have come up...
M Azizur RahmanThe government, desperately trying to ease power supply shortfall, is reviewing its Captive Power Policy (CPP) against the backdrop of poor response from small power producers in the private sector on the sale of electricity to public distribution...
Awami League (AL) is set to spell out its proposed reforms of the party and some state institutions by July 2 to further democratise the organisation as well as to make the state functionaries more transparent and accountable, reports UNB.As...
FE ReportBangladesh Garment Manufacturers and Exporters Association (BGMEA) claimed its 15-storied construction was legal as the Rajdhani Unnayan Katripakkha (RAJUK) has approved the plan and design.In a press statement the BGMEA authorities said it has maintained all the existing rules...
FE Report All commercial banks remained open Friday to facilitate government transactions, including revenue collection at the fag end of the current fiscal year. Clearing houses at different offices and related departments of the Bangladesh Bank (BB) also remained open...
BANDARBAN, June 29: Army personnel arrested 11 nationals of Myanmar from Sualak Bazar in Sadar Upazila Friday morning. Army sources said an army patrol team arrested them while they were holding a meeting at a passenger shed. They were later...
A young salesman of boutique shop Naborupa was gunned down by assailants in the city's Mohammadpur area Thursday night. The dead was identified as Ismail Chowdhury Faisal (20), son of Mohammad Jilani of Madbarbari in Sheorapara area. — UNB
FE ReportThe country's textile sector attracted the highest number of domestic investment proposals while the services sector drew more such initiatives under foreign and joint-venture in the outgoing fiscal.According to the Bangladesh Economic Survey 2007 report, among the total investment...
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