Bangladesh News

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Dec 15th
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Socialist realism comes to light at WTO after 30 years PDF Print E-mail
Sunday, 30 March 2008

It started when a former employee of the International Labour Organisation spoke fondly of photographs taken of her with her husband in front of huge murals in the ILO’s former building, reports AFP.

It ended with the discovery by the current occupant of the building, the World Trade Organisation, of several art nouveau and socialist-realism style art pieces which had been hidden from view for more than 30 years by plaster and wood boards.

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Tata may roll out 100,000 Jaguars in near term PDF Print E-mail
Sunday, 30 March 2008

Jaguar production could nearly double to 100,000 in the near term following its takeover by Tata Motors, a leading auto industry analyst said.

Forecasts compiled by just-auto, a leading publisher of global automotive research reports, map out Jaguar’s production future for its four main models - the X-type, XF, XK and XJ - and foresee volume rising to a more sustainable number “closer to the magical 100,000 mark.”

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China hikes minimum grain purchase prices PDF Print E-mail
Sunday, 30 March 2008

China has raised its minimum purchase prices for rice and wheat for a second time this year to encourage grain production and curb inflation, the National Development and Reform Commission (NDRC) said, reports Xinhua.

The increases were announced one day after the government pledged an increase of 25.25 billion yuan (3.6 billion U.S. dollars) to this year’s rural budget, a step aimed at boosting farm production and quelling an inflationary surge blamed on rising food prices and tight supplies.

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Japan’s jobless rate rises as inflation hits decade high PDF Print E-mail
Sunday, 30 March 2008

Japan said Friday its jobless rate rose for the first time in five months as core inflation hit the fastest pace in a decade, adding to concerns about the health of Asia’s largest economy, reports AFP.

Companies are hiring fewer workers as they grapple with rising costs and falling exports to the ailing US economy, a slew of data showed.

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Laos enjoys stable socioeconomic development PDF Print E-mail
Sunday, 30 March 2008

Laos, a landlocked Southeast Asian country, has seen steady remarkable improvements in various spheres, especially economy and infrastructure since the adoption of its renovation policy in 1986, reports Xinhua.

Entering the 21st century, Laos adopted a policy on shifting to industry and modernization with a major target of lifting the country from least developed status by 2020, gradually removing the situation in which many local people live in poverty, productivity of all sectors, especially agriculture is low, and there are severe shortages of advanced equipment and technologies, and funds.

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China economy to grow 10.7per cent PDF Print E-mail
Sunday, 30 March 2008

China’s economy would moderate but remain robust in 2008 with a growth rate of 10.7 percent, providing a cushion against the expected international downturn, according to a forecast issued by the United Nations commission here yesterday, reports Xinhua.

“Investment continues to be the main driver of growth, remaining resilient despite government cooling measures and with support from low real interest rates,” said a report released by the UN Economic and Social Commission for Asia and the Pacific (UNESCAP).

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West Bengal heading for unsustainable debt situation PDF Print E-mail
Sunday, 30 March 2008

West Bengal is heading for an unsustainable debt situation in the medium to long run unless suitable measures are taken, the Comptroller and Auditor General has said, reports PTI.

“Increasing fiscal liabilities accompanied with negligible rate of return on government investments and inadequate cost recovery on loans and advances might lead to unsustainable debt situation in medium to long run,” the CAG said in its audit report.

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Apollo Hospitals holds seminar PDF Print E-mail
Sunday, 30 March 2008

The Apollo Hospitals Dhaka and the Dhaka National Medical College and Hospital (DNMCH) jointly organised a scientific seminar on ‘Cardiac Catheterisation’ at the seminar hall of DNMCH in the city recently, said a press release.

Cardiac catheterisation is a medical procedure used to diagnose and treat certain heart diseases.

Dipankar Chandra Nag, Associate Professor of the Department of Cardiology, gave an introduction to cardiac catheterisation

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‘Clean energy’ revenue to touch USD 254b: survey PDF Print E-mail
Sunday, 30 March 2008

Good news for “clean energy” enthusiasts - it is finding increasing acceptance and its revenue is expected to triple over the next decade to USD 254 billion, a survey reveals, reports PTI.

Clean Edge, which has tracked the sector since 2000, says the revenue growth of four benchmark clean energy industries - wind, solar, bio-fuels and fuel cells - shows that they are up by 40 percent.

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86,922 Indian farmers committed suicide in 2001-05 PDF Print E-mail
Sunday, 30 March 2008

Declining profitability and lack of alternative livelihood opportunities have forced 86,922 farmers in the country to commit suicide during 2001-05 period, said a survey by the UN Economic and Social Commission for Asia and the Pacific(UNESCAP), reports PTI.

“During 2001-05, 86,922 farmers committed suicides— 54 per cent from Andhra Pradesh, Karnataka, Kerala and Maharashtra,” said the UN-ESCAP’s Economic and Social Survey of Asia and the Pacific 2008 which was released here Thursday.

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China-India trade to cross $100 b mark in 3 years PDF Print E-mail
Sunday, 30 March 2008

Diplomatic relations notwithstanding, bilateral trade between India and China is growing more than 50% year-on-year and is slated to cross the $100-billion mark in three years, report agencies.

Much of the growth is due to initiatives being taken by small and medium enterprises on either side of the border.

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U.S. not pressing Pakistan on terror – envoy PDF Print E-mail
Sunday, 30 March 2008

REUTERS, KARACHI - U.S. Deputy Secretary of State John Negroponte rejected on Thursday suggestions that the United States was trying to dictate anti-terrorism policy to Pakistan's new government.

Negroponte and U.S. Assistant Secretary of State Richard Boucher arrived on Tuesday, shortly before Prime Minister Yousaf Raza Gilani was sworn in to lead a government set on re-thinking

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Dhaka-Jagannathganj train links restored PDF Print E-mail
Saturday, 29 March 2008

Staff Correspondent

Train links between Dhaka and Jagannathganj Ghat resumed Friday after 13 hours of disruptions, said a Mymensingh railway junction official.

Station superintendent Nazrul Islam told bdnews24.com: "The rescue operation started around 8pm Thursday and railway links were restored Friday morning."

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Sehwag triple century leads India run spree PDF Print E-mail
Saturday, 29 March 2008

REUTERS, CHENNAI, India - Indian opener Virender Sehwag smashed his second career triple century and the fastest recorded to spearhead India's reply against South Africa on the third day of the first test on Friday.

Sehwag bludgeoned an unbeaten 309 to match his previous best made against Pakistan in Multan in 2004.

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‘Discord among freedom fighters has delayed war crimes trials’ PDF Print E-mail
Saturday, 29 March 2008

Staff Correspondent

The trials of "war criminals" have not been possible partly because of a discord among freedom fighters, said AK Khandker, convenor of the Sector Commanders' Forum, Friday.

"The nation now stands united in calls for the trials of war criminals," Khandker said at freedom fighters' reunion in Patuakhali.

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Tuku released on parole PDF Print E-mail
Saturday, 29 March 2008

Staff Correspondent

Former state minister Iqbal Hasan Mahmood Tuku was released on parole for four hours Friday after his mother-in-law died, a senior prisons official said.

Tuku's mother-in-law Mamjida Chowdhury died in LabAid Hospital at the age of 84.

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DU professor M Asaduzzaman dies PDF Print E-mail
Saturday, 29 March 2008

Agency

Former University Grants Commission chairman and Dhaka University professor Dr Mohammad Asaduzzaman died Friday morning of cardiac failure.

He was 60. DU public administration department chairman professor Najmul Ahsan Kalimullah told bdnews24.com, "Prof Zaman suffered a heart attack in the morning at his DU residence on Issa Khan Road.

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Murder suspect dies in police custody PDF Print E-mail
Saturday, 29 March 2008

Agency

A man accused in a murder case was found dead in the custody of Mirpur police Thursday.

Police said Monirul Islam Moshiur, a resident of Monirampur in Jessore, hanged himself in the lockup.

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Cut in lending rates in next 3 months PDF Print E-mail
Saturday, 29 March 2008

Bank borrowers are likely to see a substantial cut in lending rates within the next three months, as the bankers Thursday promised to start reducing the interest rates from the next month, reports UNB.

"They (bankers) will report on a roadmap in reducing the interest rates after this month," Bangladesh Bank Governor Dr Salehuddin Ahmed told reporters after a meeting with the chief executive officers (CEOs) of government-owned,

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False info will lead to cancellation of candidature PDF Print E-mail
Saturday, 29 March 2008

A provision has been incorporated in the draft of the Representative of Public Order (RPO) so that the candidature of any election candidate can be cancelled for providing false information through affidavit to the Election Commission, reports UNB.

As per the new provision, if the evidence of providing false information are found after the gazette notification of the election results or the candidates’ oaths, the EC would suggest parliament and LGRD Ministry to cancel the concerned candidate’s membership in parliament and other local bodies.

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DA for govt employees in next budget PDF Print E-mail
Saturday, 29 March 2008

Finance Adviser Dr Mirza Azizul Islam Thursday said the next budget would have a specific announcement on dearness allowance for the government officials and employees, reports UNB.

“The Ministry of Finance is working out the modalities,” he told reporters, replying to a question following an inter-ministerial meeting at his ministry.

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