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Anwar Choudhury leaving Dhaka PDF Print E-mail
Wednesday, 02 April 2008

Agency

British high commissioner Anwar Choudhury is leaving Bangladesh, capping his four-year stint. Stephen Evans will replace him in June.

"Anwar Choudhury will shortly be completing his four-year tenure as British high commissioner to Bangladesh.

He will be succeeded in the role by Stephen Evans CMG, OBE," said a press statement issued by the high commission in Dhaka.

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Reserves being spent with caution: Salehuddin PDF Print E-mail
Wednesday, 02 April 2008

Staff Correspondent

The central bank has released part of foreign exchange reserves for "cautious" spending to pay import bills, said its governor Salehuddin Ahmed Tuesday.

"The reserves are being used with caution to meet the import bills of food, fertiliser, capital machinery and power pumps," the Bangladesh Bank chief told reporters after a meeting with the chief executives of non-banking financial institutions at the central bank headquarters in Motijheel.

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Zimbabwe nervously awaits vote results PDF Print E-mail
Wednesday, 02 April 2008

AFP, HARARE - Zimbabwe anxiously awaited Tuesday the first results from its presidential election as the opposition nosed ahead of Robert Mugabe's ruling party in the official count in the contest for parliament.

With over half of the results from 131 the 210 constituencies announced, the Movement for Democratic Change had won 67 parliament seats while Mugabe's Zimbabwe African National Union - Patriotic Front (ZANU-PF) trailed slightly with 64.

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Anniversary of SUASA, its social activities held PDF Print E-mail
Wednesday, 02 April 2008

The first anniversary of SUASA Community Organization (Main Office) and the social activities it conducts including relief distribution at the disabled, orphans and adult centers, encouraging programmes for the students of the disabled, Training on Computer and Sewing was held amid impressive programmes on Saturday last,

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India reintroduces rice export ban PDF Print E-mail
Wednesday, 02 April 2008

BBC Online

The Indian government Monday banned the export of non-basmati rice to control soaring domestic food costs. The decision, one of a series of measures to curb inflation, was taken during an emergency cabinet meeting.

The price for exports of aromatic basmati rice has also been raised to $1,200 per tonne to discourage exports.

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USAID to give $67.8 mln food aid to Bangladesh PDF Print E-mail
Wednesday, 02 April 2008

Reuters, DHAKA - The United States Agency for International Development will provide some 90,000 tonnes of food aid worth $67.8 million to calamity-hit Bangladesh in the current year, a statement said on Tuesday.

Bangladesh is estimated to have lost 3.0 million tonnes of food, including rice and wheat -- the country's second staple food -- in fiscal 2007-08 (July-June) due to floods and Cyclone Sidr that hit the country's southern coast in November last year.

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UN chief praises govt's reform efforts PDF Print E-mail
Wednesday, 02 April 2008

Agency

UN Secretary-General Ban Ki-moon Monday praised the caretaker government's reforms initiatives and plans to reinstate an elected parliament in line with the Election Commission's roadmap.

The UN chief addressed his comments to foreign affairs adviser Iftekhar Ahmed Chowdhury when the two met at the UN headquarters in New York Monday, said the Bangladesh permanent mission to the UN in a statement.

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SC stays bail for former Motijheel police chief PDF Print E-mail
Wednesday, 02 April 2008

Staff Correspondent

The Appellate Division of the Supreme Court Tuesday stayed a bail order for former Motijheel police chief AKM Rafiqul Islam.

The vacation bench of chamber judge Md Hasan Amin issued the ruling after a government appeal against an earlier High Court verdict.

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VIPB gets asset management licence PDF Print E-mail
Wednesday, 02 April 2008

Staff Correspondent

The Securities and Exchange Commission issued an asset management licence Tuesday to Venture Investment Partners Bangladesh (VIPB).

The market regulator also made it mandatory for bankers to IPO issuers to deposit an applicant's refund warrant to their bank account, SEC executive director Farhad Ahmed told reporters in his office.

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Motia Chowdhury admitted to Ibrahim Cardiac Hospital PDF Print E-mail
Wednesday, 02 April 2008

Staff Correspondent

Awami League presidium member and former agriculture minister Motia Chowdhury was admitted to Ibrahim Cardiac Hospital Tuesday, doctors said.

She was earlier taken to the coronary care unit of Holy Family Red Crescent Medical College Hospital after falling ill at her home Tuesday morning.

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BTRC finalises guideline on call-centre licensing PDF Print E-mail
Wednesday, 02 April 2008

Staff Correspondent

Bangladesh Telecommunication Regulatory Commission has finalised a guideline on call-centre licensing, allowing a maximum of 45 percent foreign investment in the services, a top official said Monday.

The telecoms regulator will invite proposals for call-centre licences in the first week of April, BTRC chairman Manzurul Alam told bdnews24.com.

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Parties call again for leaders' release PDF Print E-mail
Wednesday, 02 April 2008

Reuters, DHAKA - Bangladesh's main political parties are threatening to launch a movement defying the state of emergency and to boycott elections scheduled for later this year if their top leaders are not freed soon.

The parties are the Awami League and Bangladesh Nationalist Party (BNP) led by former prime ministers Sheikh Hasina and Begum Khaleda Zia respectively.

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Dollar up; Gold down PDF Print E-mail
Wednesday, 02 April 2008

AP, LONDON -- The U.S. dollar rose against other major currencies in European trading Tuesday.

Gold prices fell.

The euro was quoted at $1.5669, down from $1.5786 late Monday in New York.

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Oil mixed after tumbling a day earlier PDF Print E-mail
Wednesday, 02 April 2008

Agency

Oil prices were little changed Tuesday after sliding more than $4 a barrel in the previous session on concerns about waning crude demand and a general sell-off in commodities.

Light, sweet crude for May delivery fell 5 cents to $101.53 a barrel in electronic trading on the New York Mercantile Exchange by midday in Europe.

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BNP to unveil moves after Delwar returns PDF Print E-mail
Wednesday, 02 April 2008

Staff Correspondent

BNP will announce its next moves after secretary general Khandaker Delwar Hossain returns to bangladesh, acting BNP office secretary Rizvi Ahmed said Tuesday.

"We will announce programmes in consultation with the party's policymakers after the secretary general returns from the US," Rizvi said in a press briefing at the house of Khaleda-appointed secretary general Khandaker Delwar.

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Myanmar rebels send Tibet activists back to China PDF Print E-mail
Wednesday, 02 April 2008

Reuters, BANGKOK - An ethnic guerrilla group in northern Myanmar has caught two "key" Tibetan political activists and deported them to China on the orders of Beijing, a dissident news Web site said on Tuesday.

The pair, on the run since a crackdown on Tibetan protests last month, escaped through Yunnan province to an area of Myanmar run by the Kachin Independence Organisation (KIO), the Kachin News Group (www.kachinnews.com) said.

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French PM announces 'several hundred' extra Afghan troops PDF Print E-mail
Wednesday, 02 April 2008

AFP, PARIS - France could send "several hundred" extra soldiers to join the NATO force in Afghanistan, Prime Minister Francois Fillon said Tuesday, adding that details of the mission had not yet been decided.

Fillon made the announcement during a stormy parliamentary debate on the new deployment, after President Nicolas Sarkozy last week promised more French troops for the alliance's shaky mission in Afghanistan.

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Stop clamour for boycotting Beijing Olympics: China PDF Print E-mail
Wednesday, 02 April 2008

As the Chinese people and the peoples of the rest of the world are eagerly awaiting the Beijing Olympic Games, European Parliament President Hans-Gert Poettering made some extremely irresponsible remarks instigating a boycott of the Beijing Olympic Games, reports Xinhua.

According to media reports, Poettering has said European countries should not rule out boycotting the Beijing Olympic Games for the Chinese government''s moves in Tibet.

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EC dialogue with BNP as soon as HC verdict comes PDF Print E-mail
Wednesday, 02 April 2008

The Election Commission will hold its pending dialogue on electoral reforms with BNP as soon as possible when High Court verdict on the disputed matter comes, as work under the declared electoral roadmap is already decelerating, reports UNB.

"We''re hopeful that the verdict will come by April 10 and then we''ll sit with BNP for the dialogue as early as possible. We''ll not delay," Election Commissioner M Sohul Hussain told journalists Monday afternoon.

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Economists for adequate food stock PDF Print E-mail
Wednesday, 02 April 2008

Bangladesh should reintroduce its five-year development programme, build up an adequate stock of food and declare a proper food procurement policy to avert the present-like abnormal food prices in the future, economists told a programme in the city Monday, reports UNB.

They said poverty eradication and improving the lifestyle of the people would remain a far cry with the present Annual Development Programme (ADP) and donors-prescribed Poverty Reduction Strategy Paper (PRSP).

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Budget management ordn in offing PDF Print E-mail
Wednesday, 02 April 2008

A new ordinance is in the offing for ensuring transparency and accountability in formulating budget and introducing chief accounts officer in every ministry, department and constitutional bodies, reports UNB.

The council of advisors has already given their consent in principle for formulating ‘The Government Wealth and Budget Management Ordinance 2008’, now that sweeping reforms are underway in the interim period against the backdrop of socioeconomic and political crises the nation is reeling from.

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