Bangladesh News

Tuesday
Jul 25th
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Sheikh Helal, wife jailed in another case PDF Print E-mail
Monday, 25 February 2008

Staff Correspondent

A Dhaka court Sunday sentenced Sheikh Hasina's cousin and former lawmaker Sheikh Helaluddin to 13 years in jail on charges of amassing wealth beyond his known sources of income and concealing information about wealth from the ACC.

The court also ordered Helal to pay a fine of Tk 50 lakh or suffer two additional years behind bars. Judge Tanzeena Ismail of the Special Judges' Court -6, which deals with graft cases, delivered the verdict.

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Pakistan coalition mulls PM, Musharraf's future uncertain PDF Print E-mail
Monday, 25 February 2008

Agence France-Presse . Islamabad

Pakistan's new government will likely name its choice for prime minister in early March, party officials said Saturday, as uncertainty surrounded the future of key US ally president Pervez Musharraf.

The two biggest parties to emerge after Monday's parliamentary election have been weighing their choice for premier after agreeing to form a coalition.

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Ball in dissenters' court: Hannan PDF Print E-mail
Monday, 25 February 2008

Staff Correspondent

BNP leader ASM Hannan Shah has said dissidents can feel free to return to the party but they have to follow the rules. 'The ball is still in their court.

And they have to forget about the October 29 meeting,' Hannan, adviser to BNP chairperson Khaleda Zia, told reporters at his DOHS home in Dhaka Saturday.

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BSF kills 4 Bangladeshis PDF Print E-mail
Monday, 25 February 2008

UNB, Dhaka

Four Bangladeshis were shot dead and another was wounded by the Indian Border Security Force troops on Satkhira and Thakurgaon borders Saturday.

Two cattle traders were killed and another was wounded in BSF firing near Mondumala border in Baliadangi upazila in Thakurgaon early in the day.

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Mortars or rockets hit Iraq Green Zone PDF Print E-mail
Monday, 25 February 2008

Associated Press . Baghdad

Rockets or mortars hit the U.S.-protected Green Zone early Saturday, just a day after powerful Shiite cleric Muqtada al-Sadr ordered his Mahdi Army militia to extend its cease-fire by another six months.

Nearly 10 blasts could be heard in the sprawling area along the River Tigris that houses the US and British embassies, the Iraqi government headquarters and thousands of American troops.

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Pak TV news channel blacked out again PDF Print E-mail
Monday, 25 February 2008

Press Trust of India . Islamabad

Pakistani authorities briefly took the private Aaj TV news channel off the cable networks after it aired a show by an anchor who had been blacklisted by the Musharraf regime.

Aaj went off the air Friday night as it was beaming the programme 'Bolta Pakistan' hosted by Nusrat Javed, who has often made anti-government remarks.

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Nepal govt hopeful of ending ethnic unrest PDF Print E-mail
Monday, 25 February 2008

Agence France-Presse . Kathmandu

Nepal's government said it was optimistic that negotiations can bring an end to massive ethnic protests in the south of the country, which have left the capital almost without fuel.

A general strike called by the United Democratic Mahadhesi Front has been dragging on for ten days, with at least two protesters killed and scores injured and arrested amid police efforts to reopen a key road.

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Dozens killed as Turkey prolongs Iraq incursion PDF Print E-mail
Monday, 25 February 2008

Agence France-Presse . Ankara

Turkish troops cracked down on Kurdish rebels in neighbouring Iraq on the third day of a major ground offensive Saturday as Ankara said dozens of rebels and at least five soldiers had been killed.

While the military claimed the operation had sown panic amongst the Kurdistan Workers' Party, the separatist group raised the stakes by threatening retaliatory attacks in city centres inside Turkey.

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EPB wakes up to EU GSP doc forgery PDF Print E-mail
Monday, 25 February 2008

Staff Correspondent

Export Promotion Bureau has at last initiated actions against errant exporters amid complaints that stringent rules of origin criteria were being flouted to get duty-free market access to European Union under generalised system of preferences.

The bureau recently suspended GSP licences of a foreign company that had forged documents for importing raw materials for products to be exported to EU markets, sources at the EPB said.

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Army chief leaves for India PDF Print E-mail
Monday, 25 February 2008

UNB, Dhaka

The army chief, General Moeen U Ahmed, leaves for New Delhi said on a weeklong visit to India.

A source said the army chief would call on Indian leaders, including external affairs minister Pranab Mukherjee and defense minister AK Anthony, during his stay in the Indian capital on February 24-25.

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Job-seekers asked not to go abroad illegally PDF Print E-mail
Monday, 25 February 2008

UNB, Dhaka

The Ministry of Expatriates' Welfare and Overseas Employment has asked the job-seekers not to go abroad, including Europe, illegally.

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BPC to import 5.5 lakh tonnes of diesel PDF Print E-mail
Monday, 25 February 2008

Staff Reporter

The state-run Bangladesh Petroleum Corporation will import 5.5 lakh tonnes of diesel immediately to meet the demand for irrigation of the farmers, officials said.

BPC has already placed orders with the Kuwait Petroleum Corporation and an Egyptian oil company in this regard, the officials added.

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RPCL move to offload share creates question PDF Print E-mail
Monday, 25 February 2008

UNB, Dhaka

A move by the Rural Power Company Limited to float its shares for public with an unresolved liability of about Tk 425 crore gave rise to questions among capital-market investors.

According to official sources, the RPCL, a subsidiary of the Rural Electrification Board and some Palli Bidyut Samittees, has planned to offload some of its shares on the stock market for investors.

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Global farm aid demanded for food security PDF Print E-mail
Monday, 25 February 2008

Staff Correspondent

Bangladesh, as a net food importer among least developed countries, deserves international financial aid in conformity with the agreement on agriculture under the World Trade Organisation to help overcome the challenges of food security, a civic forum on trade reiterated on Saturday.

It said countries like Bangladesh should also be allowed to provide farm subsidy in order to support farmers, sustain agriculture and ensure food security of the vulnerable people.

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ADB urges Thai govt to improve investment climate PDF Print E-mail
Monday, 25 February 2008

Xinhua . Bangkok

The Asian Development Bank executive for Thailand on Friday urged the Thailand's government to act more quickly to create a more favorable investment atmosphere in a bid to promote its economic development, the official Thai News Agency reported.

Speaking at a seminar on 'The Direction of the Thai Economy in the Future,' Jean-Pierre Verbiest, ADB country director for Thailand, said the Thai economy should have grown 6-7 per cent based on its potential, but it had not.

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China offers iron ore deal with India Press PDF Print E-mail
Monday, 25 February 2008

Trust of India . Beijing

China has proposed a long-term agreement with India for importing iron ore to meet its growing demand of the mineral. 'They proposed a long term agreement.

We have not responded to it,' India's steel ministry secretary JS Sarma told reporters in Beijing. China made the proposal during a meeting between officials from India's steel ministry and the chinese ministry of commerce.

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India adds 8.77 m mobile users in January PDF Print E-mail
Monday, 25 February 2008

Reuters . New Delhi

Indian mobile phone firms signed up a record number of 8.77 million new subscribers in January, data from the telecoms regulator showed.

In December, new wireless subscribers numbered 8.17 million. India's mobile firms have been signing about 8 million users each month since July, lured by call rates as low as 1 U.S. cent a minute and by cheap handsets.

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India's power lender REC IPO oversubscribed nearly 30 times PDF Print E-mail
Monday, 25 February 2008

Agence France-Presse . Mumbai

Indian power sector lender REC's initial public offer to raise up to 415 million dollars was oversubscribed by nearly 30 times, data showed Friday, despite a weak share market.

State-run Rural Electrification Corp (REC) is involved in financing distribution and generation projects in India which needs more fuel to feed its booming economy.

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Iran to back OPEC output cut PDF Print E-mail
Monday, 25 February 2008

Agence France-Presse . Tehran

Iran's oil minister Gholam Hossein Nozari said on Saturday that Tehran would back a plan to cut oil production at next month's OPEC meeting, the oil ministry news agency Shana said.

'Iran will support the policy of a production cut at the next OPEC meeting' due to be held on March 5 in Vienna, he said.

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Microsoft says it won't uproot Yahoo PDF Print E-mail
Monday, 25 February 2008

Associated Press . Seattle

Microsoft Corp said Friday it won't totally uproot Yahoo Inc from its Sunnyvale, California headquarters if it succeeds in its bid to buy the Web portal company.

'In bringing the companies together, we would be committed to maintaining Yahoo's significant presence in Silicon Valley,' wrote Kevin Johnson, president of Microsoft's platforms and services division, in an e-mail to employees.

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Argentina, Brazil to build uranium enrichment plant PDF Print E-mail
Monday, 25 February 2008

Agence France-Presse . Buenos

Aires Presidents Cristina Kirchner, of Argentina, and Luiz Inacio Lula da Silva, of Brazil, on Friday agreed to set up a joint uranium enrichment company to build a power-generating nuclear reactor to serve both countries.

'It will be a binational holding and each country will initially work with their own nuclear technology,' Brazilian Foreign Minister Celso Amorin, who is accompanying Lula on his official visit here, told a press conference.

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