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Nepal faces tough competition from Bangladesh

2007-08-31 00:00:00

FE Report The Nepal garment industry, which enjoys duty-free-entry of its products into the Indian market, foresees tough competition from the industry in Bangladesh in the wake of similar facilities being made available to Dhaka by New Delhi, according to...

CSR Centre Deed of Trust signed

2007-08-31 00:00:00

FE ReportThe CSR Centre Deed of Trust was formally signed at the Bangladesh Enterprise Institute (BEI) in the city Tuesday.The eight executors of the Trust include corporate and non-corporate members, said a press release. The Trust has been formed to...

IDB chief in city

2007-08-31 00:00:00

President of Islamic Development Bank (IDB) Ahmad Mohamed Ali Al Madani arrived in the city Thursday for a three-day visit to Bangladesh, said a press release. During his visit to Bangladesh he will call on the Chief Adviser and the...

New credit rating for Green Delta Insurance

2007-08-31 00:00:00

FE ReportGreen Delta Insurance Company Ltd (GDIC) has been assigned AA2 rating in the long term and ST-1 in the short term by the Credit Rating Agency of Bangladesh Ltd recently, said a press release.The rating was assigned to GDIC...

Tk 50m Pubali Bank loan for NHL

2007-08-31 00:00:00

FE ReportPubali Bank Limited (PBL) and National Housing Finance and Investments Limited sealed a term loan agreement for Tk 50 million recently. Pubali Bank Ltd Managing Director Helal Ahmed Chowdhury and National Housing Finance Managing Director Md Abdur Rob signed...

Pakistan's Musharraf rejects 'ultimatum'

2007-08-31 00:00:00

ISLAMABAD, Aug 30 (Agencies): President Gen. Pervez Musharraf rejects "any pressure or ultimatum" to decide whether to quit as army chief, his spokesman said Thursday, after an opponent said he would step down as head of the military under a...

Taj Mahal reopens as curfew eased in Agra

2007-08-31 00:00:00

AGRA, (India), Aug 30 (AFP): India's Taj Mahal reopened to tourists Thursday after a curfew was eased following riots that left one dead and dozens injured in the northern city of Agra. The curfew remained in place in some of...

Little progress seen on Iraq goals

2007-08-31 00:00:00

WASHINGTON, Aug 30 (Agencies): The Iraqi government has failed to meet the vast majority of political and military goals laid out by lawmakers to assess President Bush's Iraq war strategy, congressional auditors have determined. The Associated Press has learned the...

Chinese parents fight forced abortions

2007-08-31 00:00:00

QIAN'AN, (China) Aug 30 (Agencies): Yang Zhongchen, a small-town businessman, wined and dined three government officials for permission to become a father.But the Peking duck and liquor weren't enough. One night, a couple of weeks before her date for giving...

UN action sought over Myanmar crackdown

2007-08-31 00:00:00

WASHINGTON, Aug 30 (AFP): US lawmakers Wednesday called on President George W. Bush's administration to demand an urgent UN Security Council meeting on the Myanmar military junta's crackdown on dissent. Senior lawmakers from the House of Representatives and the Senate...

New asthma guidelines urge daily control

2007-08-31 00:00:00

WASHINGTON, Aug 30 (Agencies): Breathing easier without limiting activities is the goal of new government guidelines that urge more attention to asthma sufferers' day-to-day symptoms, not just their severe attacks. Some 22 million Americans have asthma, and guidelines updated Wednesday...

news digest

2007-08-31 00:00:00

Japan, China resume defence talks TOKYO, Aug 30: Japan Thursday hailed warming relations with China as it hosted the neighbouring giant's defence minister for the first time in nearly a decade .Japanese Defence Minister Masahiko Komura opened with his counterpart,...

Prussian roulette

2007-08-31 00:00:00

Bertrand BenoitIf death is the ultimate failure, then Prussia is surely the ultimate failed state. The country began its short life as a leopardskin of landlocked, unconnected territories, fought its way to great-power status and was wiped off the map...

Tragedy and comedy of the tartan in the trenches

2007-08-31 00:00:00

John LloydTHE FLOWERS OFTHE FOREST:Scotland and theGreat Warby Trevor RoyleBirlinn $50/£25, 320 pagesOn the penultimate page of his fine and unsentimental account of Scotland's contribution to, and effects from, the war of 1914-18, Trevor Royle writes: "In the majority of...

Haven't we met before?

2007-08-31 00:00:00

Angel Gurria-Qurria-QuintanaPaul Auster's fiction has always been self-referential. Travels in the Scriptorium, his latest novella, takes this attribute to new heights."The old man sits on the edge of the narrow bed," the book begins, "palms spread out on his knees,...

Moving well beyond the bedroom door

2007-08-31 00:00:00

Royce MahawatteHomosexuality is often seen as coming from elsewhere. The Greeks appear to have invented it; foreigners brought it to the west, or, conversely, they took it to indigenous people. The aristocracy could not help partaking of it and thinkers...

Travels with my plants

2007-08-31 00:00:00

Diane SummersAt the foot of the Secret Intelligence Service's headquarters in London, M16's ziggurat is a well-known landmark to those negotiating the giant one-way system on the south bank of the Thames.It is hard to imagine, as the traffic thunders...

A little humility could make a difference

2007-08-31 00:00:00

Maswood Alam KhanIF someone could discretely video all your activities in your home and office for a couple of weeks and then you were allowed to view those sights and sounds, there could be an opportunity for you to see...

Why it is so important for development

2007-08-31 00:00:00

Shazzad KhanFOR long in the development discourse, it was the economic growth that was of central concern, with human rights remaining largely marginal. While the development discourse evolved through various phases, focusing on Gross National Product (GNP), basic needs, structural...

Infusing better work ethos in public service

2007-08-31 00:00:00

THE completion of the formalities by the Ministry of Finance (MoF) to fix a separate pay scale for the central bank officials marks a positive development. The finance adviser early this month at an advisory committee meeting recommended such a...

Too high interest rates frustrate investments

2007-08-31 00:00:00

Enayet Rasul A number of high profile seminars were held recently. These were devoted to the functioning of the economy, its current travails and how best to address them. There is now little doubt that the economy is going through...

Promoting ICT sector's development

2007-08-31 00:00:00

Abu AhmedA number of factors are converging happily for the information communication technology (lCT) sector of Bangladesh. The notable one among them is the availability of undersea cable connection to link Bangladesh relatively much faster with the information superhighway. Furthermore,...

Eastern Europe's untapped mass market

2007-08-31 00:00:00

Stefan WagstylGo to almost any capital city in the former Communist countries of eastern Europe and the former Soviet Union and you will see a full range of international luxury brands. Mercedes-Benz, Cartier and Armani appear in even the remotest...

Government policies and business

2007-08-31 00:00:00

The most important feature of a successful business environment is the confidence on the part of the members of the business community that they can rely on positive conditions that make up the external environment of their businesses. These conditions...

Corruption and forest resources

2007-08-31 00:00:00

As it is, in the country's reserved forest areas, trees are still being cut down and this fact is admitted by the officials who ought to be concerned. They attribute such illegal actions to insufficient number of forest department guards...

Neglected heritage

2007-08-31 00:00:00

Bangladesh was pulsated by various civilisations dating back thousands of years. The ancient but crumbling structures signifying life and culture of those days of yore still stand in many places of the country and form collectively our national heritage. They...

$13m EU aid for flood victims of Bangladesh, India, Nepal

2007-08-31 00:00:00

The European Union (EU) will provide US$13 million (1.3 crore) in emergency aid to the flood victims of Bangladesh, India and Nepal, reports UNB.The report quoting EU Development Commissioner Louis Michel did not mention the share of assistance to Bangladesh,...

Govt to extend help to farmers for post-flood rehab

2007-08-31 00:00:00

FARIDPUR, Aug 30 (BSS): Agriculture Adviser CS Karim today said the government would extend wholehearted cooperation to the farmers for post-flood rehabilitation. "Losses in the floods could be overcome to a large extent through implementation of rehabilitation programmes," he told...

Four banks file 7,791 certificate cases

2007-08-31 00:00:00

COMILLA, Aug 30 (UNB): Four state owned banks filed 7,791 certificate cases for realising outstanding loans of over Tk 283.14 million until July this year in the district.Sources said Sonali Bank filed 266 cases for realising over Tk 5.81 million,...

Woman sentenced to 14yrs in kidnapping case

2007-08-31 00:00:00

HABIGANJ, Aug 30 (UNB): The court of Women and Children Repression Prevention Tribunal here Wednesday convicted a woman and sentenced her to 14 years imprisonment for trying to kidnap a boy in 2003.The court also fined Halima Begum (45), hailing...