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SC hears Khaleda appeal Thursday

2007-10-02 00:00:00

The chamber judge of the Supreme Court Tuesday did not stay the bail to Khaleda Zia and sent the government appeal against the bail to the full bench of the Appellate Division for further hearing Thursday. Also, the chamber judge...

NBR has better options

2007-10-02 00:00:00

The government from time to time puts in place some beyond-the-usual means to mop up additional resources. The frequency of application of these methods does depend largely on the government's own resource position to meet recurrent as well as development...

People's right to information

2007-10-02 00:00:00

Syed Fattahul AlimRight to information is a basic human right. The concept of human freedom is also inalienably linked to the right to information. Information is the first step towards awareness. And a population that is uninformed about what is...

New deadline for Iran on nuclear issue

2007-10-02 00:00:00

Daniel Dombey THE world's big powers has given Iran a new deadline of late November to rein back its nuclear programme or face heightened sanctions, but also asked Javier Solana, the European Union's foreign policy chief, to work on reaching...

Enhancing retirement age for public servants

2007-10-02 00:00:00

Sajedul Islam THE proposal for enhancement of retirement age for government servants including freedom fighters from 57 years to 60 years is being heard since long without any realistic step to implement the same. Recently though a proposal by the...

Law and order, and RAB

2007-10-02 00:00:00

The Rapid Action Battalion (RAB) was raised and specially empowered and enabled to bypass traditional law enforcement agencies like the police. After its formation, the RAB showed brilliant successes and organised crimes receded as a result. A considerable number of...

BO account holders

2007-10-02 00:00:00

THE Securities and Exchange Commission(SEC) had invited the attention of the Beneficiary Owner(BO) account holders to paying annual account maintenance fee of Tk 300 by September 30, 2008. Many account holders complied with the directive but quite a good number...

Seeking the key to web privacy

2007-10-02 00:00:00

Kevin Allison from San FranciscoIN the lobby of Google's headquarters in Mountain View, California, computer screens display lists of the words being entered into the company's search engine.Although Google says the system is designed to filter out any scandalous or...

Conflict, shortages push food prices up

2007-10-02 00:00:00

Ashfaq Yusufzai from PeshawarAn acute shortage of food items in Afghanistan and Pakistan have sent prices shooting upwards in both countries. But, while the food crisis in the war-torn country is a result of continuing conflict, north-western Pakistan has been...

China's tainted exports damage plan to build value of brands

2007-10-02 00:00:00

Paul Panckhurst and Lee SpearThe biggest cost to China from the wave of product recalls isn't shuttered toy factories or wasted toothpaste: It's the damage to its aspirations to become a center of high-quality production. ``China's leaders want its exporters...

Japan's business confidence weathers financial storm

2007-10-02 00:00:00

TOKYO, Oct 1 (AFP): Japan's top executives remain upbeat despite recent financial market turmoil, with business confidence holding steady close to a two-year high, a central bank survey showed today. Companies also upgraded their plans for spending on new factories...

US reaffirms leadership in world arms trade

2007-10-02 00:00:00

WASHINGTON, Oct 1 (AFP): The United States reaffirmed last year its leadership in world arms trade, cornering nearly 42 per cent of the market as the wars in Iraq and Afghanistan prompted a weapons shopping spree among neighbouring nations, according...

High-priced student loans spell trouble

2007-10-02 00:00:00

The near doubling in the cost of a college degree the past decade has produced an explosion in high-priced student loans that could haunt the US economy for years.While scholarship, grant money and government-backed student loans - whose interest rates...

S’pore property prices rise 8.0pc in Q3

2007-10-02 00:00:00

SINGAPORE, Oct 1 (AFP): Prices of private residential properties in Singapore rose 8.0 per cent in the three months to September and more land may be released for development if demand stays strong, the government said today. The September quarter's...

India to urge EU to remove trade barriers

2007-10-02 00:00:00

NEW DELHI, Oct 1 (PTI): India will ask the European Union to recognise its quality testing standards and remove non-tariff trade barriers when the two sides meet here tomorrow for week- long negotiations on an agreement for elimination of import...

Credit crunch to hamper growth in eastern Europe

2007-10-02 00:00:00

LONDON, Oct 1 (AFP): A credit crunch in global financial markets will limit growth in eastern Europe and former Soviet republics, the chief economist of the European Bank for Reconstruction and Development (EBRD) has said, according to the Financial Times...

S Korea exports post first drop in five years

2007-10-02 00:00:00

SEOUL, Oct 1 (AFP): South Korea's exports declined in September for the first time in five years as shipments of cars and other key items were hit by a three-day national holiday, officials said today. Exports fell 0.4 per cent...

Beijing to cut subway fares to boost public transport

2007-10-02 00:00:00

BEIJING, Oct 1 (Xinhua): The Beijing government has finally decided to cut subway fares by about 30 per cent amid efforts to boost public transport, ease road congestion and improve air quality ahead of the Olympics. A single pricing system...

IDLC to lend home loan under BB refinance scheme

2007-10-02 00:00:00

FE ReportIDLC Finance Limited (IDLC), a joint-venture multi-product financial institution and one of the premier and largest home loan providers in the country, signed a participation agreement with Bangladesh Bank (BB) recently.Under the deal, the IDLC will extend home loan...

ICB Securities Trading Co declares 40pc dividend

2007-10-02 00:00:00

FE ReportICB Securities Trading Company Limited approved 40 per cent dividend for its shareholders for 2006-2007 out of net profit of Tk 30 million (3.00 crore) at the 7th annual general meeting (AGM).The AGM was held in the city Sunday...

Eid, Puja shopping gaining momentum at Brahmanbaria

2007-10-02 00:00:00

Our CorrespondentBRAHMANBARIA, Oct 01: The district town is in grip of Eid and Durga Puja shopping fever as the traditional market places are bustling with shoppers from all walks of life, sources said.Market sources said gathering of people for shopping...

British envoy inaugurates Square's 1st shipment to UK

2007-10-02 00:00:00

FE Report British High Commissioner in Bangladesh Anwar Choudhury inaugurated the first shipment of Square manufactured pharmaceuticals for United Kingdom (UK) by receiving a token pack of products being shipped to UK from Square Group Chairman Samson H Chowdhury. The...

KAFCO earns $79.8m net profit

2007-10-02 00:00:00

FE ReportKarnaphuli Fertiliser Company (KAFCO) Limited earned a post-tax net profit of $79.8 million reflecting higher fertiliser prices in the global market and an excellent performance of company plants comparable to the best in the region.This was disclosed at the...

BA unveils new uniform for cabin crew in India, BD

2007-10-02 00:00:00

FE Report British Airways recently unveiled new uniform, designed by Indian fashion designer Rohit Bal, for its cabin crew in India and Bangladesh.The new uniform comprises of a Kurta suit and a Sherwani. This will replace the current sari. A...

Harmful effects of genetically modified seeds pointed out

2007-10-02 00:00:00

Our CorrespondentRAJSHAHI, Oct 01: Speakers at a seminar warned about the harmful effects of GM (genetically modified) seeds. They said the use of GM seeds would bring a catastrophe in the entire agriculture arena of the country, sources said.The seminar...

Handloom industry in dire straits in Sirajganj

2007-10-02 00:00:00

Our CorrespondentSIRAJGANJ, Oct 01: The handloom industry in Sirajganj district is now in dire straits because of smuggled Indian cloths, sources said.Dearth of capital, high price of raw materials and absence of loan facilities, natural calamities, extortion and lack of...

Call to maintain steep growth of country’s apparel sector

2007-10-02 00:00:00

FE ReportFormer president of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Annisul Huq urged all concerned to work together for maintaining the steep growth of the country's apparel export.He was speaking at an Iftar party hosted by the Bangladesh...

Qatar Airways launches flight to Nagpur

2007-10-02 00:00:00

FE ReportQatar Airways launched its flight to the central Indian city of Nagpur from the September 24, marking the airline's seventh destination in India.The Civil Aviation Minister of India, Praful Patel, was among the guests at Dr. Ambedkar International Airport...

Govt borrows Tk 9.0b thru' treasury bills

2007-10-02 00:00:00

FE Report The government borrowed Tk 9.00 billion (900 crore) Sunday through auctions of treasury bills. It will result in withdrawal of Tk 9.00 billion from the market in the week.The central bank conducted auctions of 28-day, 91-day, 182-day and...

Apex Foods approves 18pc dividend

2007-10-02 00:00:00

FE ReportApex Foods Limited has approved 18 per cent dividend for its shareholders for the year 2006-2007.The approval was given at the 28th annual general meeting (AGM) of the company at the National Shooting Federation in the city recently.Apex Foods...