Vol. 5 Num 723 Sat. June 10, 2006    
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Front Pagearrow Saifur says he tried to make everybody happy
Finance Minister M Saifur Rahman dismissed the criticism that his budget is 'unrealistic' and said it is not a huge budget considering the size of the population.
 arrow It's a budget for everybody, but for nobody: CPD
The proposed budget for fiscal 2006-07 is a 'swan song' of the finance minister -- long on claims, short on delivery and lacking vision -- instead of having a comprehensive assessment of economic performance
 arrow Nod to black money for non-productive sectors hurts MCCI
The Metropolitan Chamber of Commerce and Industry (MCCI) yesterday expressed deep disappointment over the provision in the proposed budget for 2006-07 for continuation of the tax concession to black money.
 arrow Soccer extravaganza starts
A parade of more than 140 former World Cup winners was the centrepiece of the colourful opening ceremony of the World Cup here on Friday.
 arrow Fuel price hike to do little to cut losses
The latest price hike of petroleum products will reduce roughly one third of the losses incurred by Bangladesh Petroleum Corporation (BPC) but it will not resolve the financial crisis caused by costly
 arrow Hartals if CEC clings on
The Awami League (AL) yesterday warned of a series of tougher movements including hartals if the BNP-Jamaat alliance government does not implement the electoral reforms and the chief election commissioner
 arrow Mass arrest continues ahead of Dhaka siege
The Dhaka Metropolitan Police (DMP) plans to deploy around 15,000 members of law enforcement agencies, including Bangladesh Rifles (BDR) and Armed Police Battalion, to face the 14-party opposition combine's
 arrow 29 murdered in 15 days
Law and order in Khulna Division has made a sudden nosedive in the last 15 days and at least 29 people were killed between May 23 and June 8.
 arrow Saifur skirts resignation issue
Finance Minister M Saifur Rahman yesterday hinted that he will continue in his office till the approval of the budget on June 30, but he did not explicitly say whether he will resign after that.
 arrow Kuwait emir arrives today
Emir of Kuwait Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah arrives in Dhaka today on a two-day visit.
 arrow Hasina terms budget 'deceptive'
Leader of the Opposition Sheikh Hasina yesterday said the coalition government has drafted the new budget aiming to loot public money and use it in the upcoming parliamentary election to buy votes.
 arrow Paban has link to carjacking, says arrestee
Zahirul Islam Robin, arrested in a carjacking case involving Aktar Hamid Paban, son of Chief Whip Khandakar Delwar Hossain, has confessed that Paban has link with an organised gang of carjackers.
 arrow 2 JMB Shura men placed on remand
A Jamalpur court on Thursday placed two Majlish-e-Shura members of Jama'atul Mujahideen Bangladesh (JMB) on a seven-day remand in Dr Gani Gomes killing case.
 arrow 5 Indians jailed in Sylhet
A Sylhet court sentenced five members of Indian insurgent groups to 14 years' rigorous imprisonment on Thursday on charges of creating unrest inside Bangladesh territory.
 arrow Garment workers clash with owners' men: 10 hurt
Ten workers of Liberty Fashions Wear at Zirani in Savar were injured in clashes between the workers and the authorities following the workers' demonstration demanding arrear bills and implementation of
 arrow Germany win historic World Cup opener
Miroslav Klose struck twice on his 28th birthday to lead Germany to a 4-2 win over Costa Rica, getting the World Cup off to an explosive start on Friday.
 arrow Oli speaks out against 'corrupt'ministers
Ruling BNP lawmaker Oli Ahmed has asked the government to take action against the leaders, lawmakers and ministers involved in corruption and terrorism, stressing the need to be united like in 1971 to
 arrow 'Budget lacks guidelines to improve farmers' lot
Shykh Seraj, director (News) of Channel i, in his budget reaction said although the allocation in agriculture sector in the proposed budget went up it will not fulfil farmers' aspirations due to a lack
 arrow BSF kills 2
Indian Border Security Force (BSF) gunned down two Bangladeshi cattle traders at bordering Hakimpur village under Swarupnagar Police Station of 24 Parganas district, West Bengal, early yesterday.
 arrow Suu Kyi admitted to hospital: US
Myanmar's democracy icon Aung San Suu Kyi has been hospitalized in the military-ruled Southeast Asian state, the US State Department said yesterday.
 arrow Iran on fresh nuclear fuel drive, says IAEA
Iran launched a fresh round of uranium enrichment this week just as world powers offered it incentives to halt nuclear fuel work with the potential to produce atomic bombs, a UN watchdog said on Thursday.
 arrow Hamas to keep up resisting Israel
Palestinians fired rockets into Israel yesterday and vowed to avenge Israel's assassination of the Hamas government's top security chief in an attack that threatened to ignite large-scale violence between
Businessarrow Businesses vent mixed reaction
Different trade bodies and associations yesterday expressed mixed reaction to the proposed budget for the fiscal year 2006-07.
 arrow Australia sets up $8.5m grant facility for S Asia
The government of Australia has established a grant facility at the Asian Development Bank (ADB) to undertake project activities in South Asia with an initial contribution of US$8.5 million.
 arrow India raises key interest rates
In a two-pronged strategy to contain rising inflation, the Reserve Bank of India (RBI) has raised two key interest rates by 25 basis points each in a surprise move and the Indian government has cut customs
 arrow Int'l telecoms fair begins Thursday
With a view to increasing the use of telecommunications technology, an international fair begins in Dhaka Thursday.
 arrow Global agri commodity prices likely to rise, warns UN
Agricultural commodity prices are likely to keep rising in the months ahead as the volatility in global commodity markets continues, the United Nations has warned.
 arrow G8 finance chiefs seek to shield world economy
Finance ministers from the world's most powerful nations were to convene here later Friday to debate measures to shield a buoyant global economy from rising energy costs and a resurgence of inflation.
 arrow Square Textiles okays 30pc cash, 12.5pc stock dividends
Square Textiles Ltd has declared a 30 per cent cash and 12.5 per cent stock dividends for its shareholders for the year 2005.
 arrow Nepal invites Indian investment
Nepal Thursday invited Indian investors to explore opportunities in the Himalayan country to mutual benefits and assured that the new regime, having resolved years of violence and insurgency, is geared
 arrow Oil climbs
World oil prices climbed on Friday as concerns resurfaced over tensions in crude-producing countries Iran and Iraq, dealers said.
 arrow EU, Singapore sign air pact
Singapore and the European Union have signed an aviation agreement, opening the door for airlines from the 25-nation bloc to fly between any EU country and the city-state, the government said Friday.
 arrow Weekly Currency Roundup
June 04-June 08, 2006
Local FX Market

Demand for US dollar was stable in this week and USD fell slightly against Bangladeshi taka.

Sportsarrow Football: The show begins
Bavarian goatherds marching to the crack of long whips, traditional cowbell ringers and 170 former champions from around the world, opened the World Cup in Germany on Friday, the world's biggest sporting
 arrow Football: Bits and Bobs
Deco storms out
Afp, Marienfeld

Portuguese midfielder Deco left training on Thursday in a visibly angry mood, kicking out at chairs and refusing to speak to reporters at the team

 arrow Football: Worrying a la '90
Ivory Coast are the latest African team who believe they can take a shot at glory starting with an upset win over Argentina on their World Cup debut.
 arrow Football: Scandinavians look for flying start
Sweden plan to ruin Trinidad & Tobago's World Cup debut on Saturday and give themselves a flying start ahead of seemingly tougher matches against Paraguay and England.
 arrow Football: Rooney boost could prove decisive
Never has such a small bone created such a large national furor.
 arrow Football: An Argentine fan dies in Chittagong
A young football fan and supporter of Argentina was electrocuted while hoisting a flag of his favourite team in the World Cup, at Raozan here yesterday.
 arrow Football: Nuremberg confronts its past
The 2006 World Cup, which embraces 32 nations and an audience of countless cultures, stands in huge contrast to host city Nuremberg's slot in 20th century history, as the birthplace of Hitler's racist
 arrow Football: Spanish players on their toes
Spain's players say they are approaching the World Cup with extra motivation as places in the starting line-up remain up for grabs.
 arrow Football: Sexy Football
It's not just the 32 teams at the World Cup who are about to have their shape, style and movement furiously picked over.
 arrow Football: Lippi in light mood
Italy's Marcello Lippi has experienced almost everything top-flight football has to offer but the World Cup is something new for the former Juventus coach and it is bringing out a hidden side of his personality.
 arrow Football: A Blues feud
Didier Drogba appears to have won his club battle with Argentina's Hernan Crespo but on Saturday the latter will be bidding to prove a point to Chelsea and show who is the more effective of the two.
 arrow Tennis: Dream final on
World number one Roger Federer advanced to the final of the French Open for the first time Friday when Argentina's David Nalbandian retired injured while the Swiss player was leading 3-6, 6-4, 5-2 intheir
 arrow Football: Beckham has selfbelief
David Beckham must be surprised to find himself being treated as a new discovery while preparing for a 90th England appearance, against Paraguay on Saturday.
 arrow Football: Lingo the secret weapon?
They may have a 1,290-kilometre (800 miles) border with mighty Brazil, but in footballing terms modest Paraguay have little in common with their all-conquering neighbours.
 arrow Cricket: India to come down hard
Both West Indies and India are looking forward with renewed vigour to the second Test, starting at the Beausejour Cricket Ground in St. Lucia on Saturday.
 arrow Cricket: Strauss England skipper in ODIs
Andrew Strauss will take over from Andrew Flintoff as England captain for the upcoming one-day matches against Ireland and Sri Lanka, it was announced Thursday.
 arrow Tennis: Svetlana's day of reckoning
Svetlana Kuznetsova is preparing to face twice winner Justine Henin-Hardenne in the French Open final on Saturday but it could so easily have been her taking that record into the title match.
 arrow Cricket: 'Dravid is the man to beat'
West Indies' recalled left-arm paceman Pedro Collins warned Rahul Dravid saying he was the 'marked' man for his team and the visiting Indian captain would do well by not taking him lightly.
 arrow Cricket: No Ashes for Jones
England fast bowler Simon Jones is expected to miss next winter's Ashes in Australia after undergoing surgery on his knee.
 arrow Football: Benitez demands compensation
Liverpool manager Rafael Benitez demanded Friday that FIFA should compensate his club for the loss of income caused by Dijbril Cisse's broken leg.
 arrow Football: Moggi skirts investigators
Former Juventus general manager Luciano Moggi has declined to answer questions from soccer authorities over alleged match-fixing, his lawyer and the Italian Football Federation (FIGC) said on Friday.
 arrow Football: Ronaldo is 'not fat'
Under pressure Brazil striker Ronaldo on Friday called on the media to stop harping on about his alleged rotundness and called on reporters to show him more respect.
 arrow Football: Vatican red cards prostitution
The Vatican wants to flash a red card at Germany over prostitution during the World Cup finals, lamenting that thousands of women risked being degraded to the point where they cost less than a ticketto
 arrow Football: Germany defends visa issue
The German government on Friday defended its decision to issue a visa to an Iranian vice-president, Mohammed Aliabadi, to allow him to attend the World Cup.
 arrow Football: Micoud joins Bordeaux
Werder Bremen playmaker Johann Micoud has joined Girondins Bordeaux on a two-year deal after four years in the Bundesliga, the Ligue 1 club said on Friday.
 arrow Football: Bayern agree van Buyten fee
Hamburg SV have agreed to transfer Belgium defender Daniel van Buyten to Bayern Munich, the defending champions said on Friday.
 arrow Football: Sanchez will return
Goalkeeper Oswaldo Sanchez will rejoin the Mexican national team in time for its World Cup opener, the team's trainer said.
Metropolitanarrow 'Incorporate them into development process'
With a vow to end all kinds of discrimination against women with disability from family, society and state the first National Disabled Women's Convention was held in the capital yesterday.
 arrow Road accidents kill 20 in six dists
At least 20 people were killed and over 100 others injured in separate road accidents in six districts yesterday and on Thursday night.
 arrow 'No specific allocation for North Bengal'
No specific allocation for industrial growth and development of rural poor of the least developed North Bengal is made in the proposed national budget.
 arrow Singaporean president visits Iajuddin
Singaporean President SR Nathan visited President Iajuddin Ahmed at the VIP cabin of Mount Elizabeth Hospital in Singapore yesterday to see his latest condition following cardiac surgery.
 arrow AL will be isolated from people
BNP Secretary General and LGRD Minister Abdul Mannan Bhuiyan has said the Awami League (AL)-led 14-party combine will be isolated from people for its Dhaka siege programme.
 arrow 'India wants to resolve problems thru' dialogue'
Indian High Commissioner Veena Sikri at a discussion yesterday said that India, as the largest nation in South Asia, has a greater responsibility to develop good relations with its neighbouring countries.
 arrow 'Community participation a must to keep city clean'
Community participation is necessary to keep the city clean, said the speakers at a rally yesterday.
 arrow Workers demand reopening of silk factory
As there has been no budgetary allocation for re-opening of Rajshahi Silk Factory, some 100 of its workers staged a sudden demonstration in front of Rajshahi City Mayor Mizanur Rahman Minu's Bhadra residence.
 arrow 2.4 cr children to be vaccinated against polio
Some 2.4 crore children will be vaccinated against polio under a donor-aided programme during the third round of 13th National Immunisation Day (NID) tomorrow.
 arrow Fire at 4-storey building in city
A fire ripped through a four-storey building at Aga Sadek Road in the old part of the city yesterday, damaging a large amount of foam rubber stored in the ground floor of the house.
 arrow 'Ensure quality of fruits, vegetables'
Speakers at a seminar stressed the need for integrated efforts of all stakeholders in order to ensure quality of the fruits and vegetables in the country.
Nationalarrow Fresh agitation as 'flare test' begins
Villagers around Tengratila Gas Field have started agitation again to press their 6-point demand as Canadian company Niko resumed well survey in the area.
 arrow JMB chief's trial in Sylhet now to begin June 16
Trial of the explosives case against JMB (Jamaatul Mujahideen, Bangladesh) chief Abdur Rahman and his accomplices could not be started in Sylhet District Judge's court on Thursday as the principal accused
 arrow Women's rally demands trial of Sajid's killers
Women of all classes from different areas of Gaibandha town held a rally at Shaheed Moinar on Thursday demanding capital punishment to the killers of Sajid in custody.
 arrow Saifur draws sympathy from Moulvibazar opposition leaders
As Saifur loyalists continued agitation protesting his resignation threat, some senior opposition leaders in Moulvibazar have started speaking out, most of them with soft words for the elderly politician
 arrow BDR foils BSF's revetment bid again
Bangladesh Rifles (BDR) yesterday foiled an attempt by Indian Border Security Force (BSF) to reconstruct an embankment of Atrai river about 50 metres inside zero line of the border in Dinajpur.
 arrow 2 cops suspended in Bogra
Woman sub-inspector Arpona and constable Habibur Rahan of Shepur Thana in Bogra have been suspended following the death of an arrested person in custody.
 arrow Hartal called in Manikganj for today
Awami League-led 14-party alliance has called a half-day hartal in Manikganj today protesting arrest of its 25 leaders and activists in the district ahead of its June 11 'Dhaka siege' programme.
Point-Counterpointarrow Lawlessness and our economy
The nearly precarious situation on the law enforcement front and the less than satisfactory economic performance would definitely make one think about the possible deficiency in our economic management.
 arrow The culture of money
DELHI recognises the colour of money, but it has not yet quite begun to comprehend the culture of money.
 arrow Allow the poor accessibility to resources
The landless people of the country observe the 10th June as Land Rights Day.
Culturearrow Madhavi Mudgal: Best step forward at concert
POETRY in motion. This best describes a dance performance by Odissi dancer Madhavi Mudgal.
 arrow Timeless appeal of "Romeo and Juliet"
Yet another presentation of Romeo and Juliet? Indeed one inwardly groaned at the prospect of viewing William Shakespeare's story of star-crossed lovers once more.
 arrow An evening of poetry
"Though I have spent 19 years in the US, my roots are here and I feel that I can best express myself in my country." Those were the words of Jahanara Khan Beena who launched her first book of on June8.
Internationalarrow Norway puts Lankan parties on notice
Norway was reconsidering its peacebroker role yesterday as Tiger rebels aborted talks and demanded the removal of ceasefire monitors from European Union member states.
 arrow Abbas signs Palestinian referendum decree
Palestinian president Mahmud Abbas signed a decree yesterday to hold a controversial referendum opposed by the government of the radical Islamists Hamas, sources in his office said.
 arrow Aid worker, 3 cops killed in new Afghan attacks
Afghan troops killed 13 suspected Taliban rebels including two Pakistani nationals yesterday, while militants killed an Afghan aid worker and three policemen, officials said.
 arrow Floods displace 66,000 in India
Floods caused by summer monsoon rains displaced about 66,000 people in India's northeast, while heavy rains disrupted traffic in eastern India, officials said yesterday.
 arrow US approves cervical cancer vaccine
The first vaccine against cervical cancer will be available to girls as young as 9 later this month. Its manufacturer, Merck & Co. Inc., is already taking orders for Gardasil.
 arrow Number of refugees falls, displacement rising: UN
The number of refugees who flee their homeland has dropped to its lowest level in almost three decades, but there has been an alarming rise in the total displaced within their own country, the UnitedNations
 arrow Hitler's Berlin bunker comes out of hiding
Berlin has after more than 60 years reversed a policy of concealing the location of the bunker where Adolf Hitler shot himself in the final days of World War II and now prominently marked the site.
 arrow Thai king calls for unity
Thai King Bhumibol Adulyadej called for unity among his people after months of political turmoil, in a speech yesterday to mark his 60th anniversary on the throne.
 arrow Zawahri rejects Palestinian referendum
al-Qaeda's second-in-command Ayman al-Zawahri urged Palestinians to reject a referendum on a statehood proposal that implicitly recognises Israel, in a video aired on Al Jazeera television yesterday.
Editorialarrow Editorial: A populist budget
OF all the twelve budgets finance minister M Saifur Rahman has presented, the one for fiscal 2006-07 is the most intelligible document reading like an open book from cover to cover.
 arrow Politics of people's war and crisis in Nepal
The political dynamics in Nepal has kept that country in the headlines (in the South Asian media) for more than a year.
 arrow Elections: A facade for democratic aspirations
WITHOUT a sovereign press, a judiciary clearly separated from the executive branch of the state, a neutral police force beyond political, personal, or corrupt influence, all elections are a farce.
 arrow Upholding the integrity of political process
THE US ambassador in Dhaka, Ms Patricia A.
StarTecharrow Capturing moments leaps digital way
THE photographic coverage of the London bombings on July 7 last year was an unexpected aftershock for the media professionals.
 arrow A new dimension toward local consumer satisfaction
Canon, one of world's pioneers in printing solutions and imaging, has set up its first local independent one-stop display centre, 'CanonLink@Dhaka', providing the local consumers with its large scaleof
 arrow Apple's Intel-based Macs in local market
Apple Computer Inc, one of the global leaders in personal computing and its local resellers, launched new Intel-based Macintosh computers in the Bangladesh market on June 3.

Literaturearrow What Will The Poet Do Now? Part-I
The poet was tired of walking. It was not an inconsiderable distance he had traversed in a single go: From Azimpur Graveyard to Shahbagh via Katabon, then from Shahbagh to Purana Paltan.
 arrow Mystifying nationalism even more
Politics of Identity is a fresh but linear investigation into the nature of modern nation-state and nationalism, using the annals of Pakistan to illustrate the author's case.
 arrow A Host of Offences
Though UPL publishes a lot of books on a wide variety of subjects, its fiction list is comparatively thin due to the lack of creative writing in English by Bangladeshis.
 arrow AS USUAL
As usual
My old friend
The Sage of the Roadside Tea-stall
Casually solves a problem or two
Between sips of semi-viscous tea
For which, as usual, I am paying
Because, as usual, he is

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