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Tung Hai makes trading debut today

FE Report | 2014-09-01 00:00:00

Textile producer Tung Hai Knitting and Dyeing will make debut trading on the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) today (Monday) under 'N' category, officials said. Tung Hai Knitting and Dyeing is the 36th listed firm under...

Automated issuance of GSP certificates from today

Badrul Ahsan | 2014-09-01 00:00:00

The Export Promotion Bureau (EPB) is set to introduce automated issuance of generalised system of preference (GSP) certificates from today (Monday) to check forgery in getting GSP facilities, sources said. The GSP automation software will connect National Board of Revenue...

Dhaka BRT Company vows to modernise traffic system

FE Report | 2014-09-01 00:00:00

The operations of Bus Rapid Transit (BRT) to modernise the worsening traffic system of Dhaka and its surrounding areas will be managed by a government-owned Dhaka BRT Company, operating on commercial basis, sources concerned said. The company will manage the...

BSE to introduce daily incentive scheme for equity derivatives

2014-09-01 00:00:00

MUMBAI, Aug 31 (PTI): Leading bourse BSE will introduce a new incentive scheme for brokers to attract more retail investors to equity derivatives, under which it would pay daily incentives besides existing trading-based payouts. The new daily scheme, under which...

Top 5 Sensex cos add Rs 311.65b in market valuation

2014-09-01 00:00:00

NEW DELHI, Aug 31 (PTI):  The combined market valuation of five of the top-10 blue-chip Sensex companies surged by Rs 311.65 billion last week. While TCS, ONGC, RIL, ITC and ICICI Bank saw gains in their market capitalisation (m-cap), CIL,...

ICB AMCL discloses NAV of MFs

2014-09-01 00:00:00

ICB Asset Management Company Limited (ICB AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), disclosed the following total net asset value (NAV) of different mutual funds (MFs) at the close of business operation on August 27, 2014, said a...

Photo: Rupali Bank Limited

2014-09-01 00:00:00

Responsibility for impeaching judges

Muhammad Zamir | 2014-09-01 00:00:00

Controversies continue to follow the trail of recent Cabinet decisions. First, there was the National Broadcasting Policy. That resulted in debate and accusations that the government was trying to muzzle all forms of media - electronic, print, broadcast and social....

Impeaching the judges: A few facts

M. Serajul Islam | 2014-09-01 00:00:00

The cabinet has set the ball rolling for another amendment to the Constitution - the 16th Amendment. It approved the draft of the proposed amendment in a cabinet meeting recently. Under the proposed amendment, parliament would regain its power to...

Making waterway journeys safer

2014-09-01 00:00:00

The real tragedy behind all tragic incidents that occur in the country is that the authorities concerned only wake up from slumber when valuable human lives have already been lost in such incidents. They form commissions and committees findings of...

The missing \\\'quick-fire\\\' action

Shamsul Huq Zahid | 2014-09-01 00:00:00

An act that was enforced in 2010 to facilitate 'quick-fire' action in electricity generation is set to get yet another extension. The cabinet last week approved a draft bill that sought the extension of the Energy Quick Supply (Special Provision)...

When newborns are stolen from hospital

Neil Ray | 2014-09-01 00:00:00

It is great news that the newborn -one of a twin -stolen from Dhaka Medical College and Hospital (DMCH) has been rescued from the baby lifters a week later. When the mother had to leave the hospital with one of...

Let\\\'s protect free press

2014-09-01 00:00:00

Free press and democracy cannot be separated from each other. Without free press no democracy will last long. The government is trying to tighten the grip on the press so that its misdeeds and corruption are not exposed. The common...

The lost appeal of soccer

2014-09-01 00:00:00

Once football was a very popular sport in our country or rather I should say it was the most popular game of our country. But now it has lost its magical pull. I remember in the 80's and 90's the...

Pro-active move needed in case of Hall-Mark scam

2014-09-01 00:00:00

The loan scam involving the state-owned Sonali Bank took the banking sector by storm. Later on, we came to know about many more, which were not only financial scams but also amounted to robbery that saw swindling out big sums...

Punishing the guilty and protecting the innocent

Maswood Alam Khan from Maryland, USA | 2014-09-01 00:00:00

There is a man or a woman not far from your home who is perhaps licking the edge of a knife, fondling with a loaded gun or planning a scheme to make you vanish into thin air. You may have...

The siege of Islamabad: The spectre of a \\\'third umpire\\\'

S Iftikhar Murshed from Pakistan | 2014-09-01 00:00:00

"We must laugh at man to avoid crying for him," said Napoleon Bonaparte in one of those rare occasions that he was able to lose himself in the entrancing pleasure of a single moment's solitude. But there are times when...

Is monetary policy working?

M.A. Taslim concluding this economic analysis, in continuation of his write-up appearing on Page 1 & Page 7 of today’s issue of the FE | 2014-09-01 00:00:00

It was suggested at a recent meeting organised by a research institute that the low program growth rate of money does not indicate the true intention of Bangladesh Bank (BB). The decline in domestic credit must have convinced BB that...

Formulate MPO enlistment policy, PM asks ministry

2014-09-01 00:00:00

Prime Minister (PM) Sheikh Hasina asked Sunday the Education Ministry to formulate a specific policy for the enlistment of the schools and colleges under the Monthly Pay Order (MPO) system, reports UNB. "You have to formulate a policy for the...

Peaceful hartal over Faruqi murder

2014-09-01 00:00:00

An eight-hour hartal passed off peacefully across the country Sunday at the joint call of Islami Chhatra Sena and Bangladesh Islami Front to protest the killing of Ahle Sunnat leader Shaikh Nurul Islam Faruqi. Vehicular movement was normal in the...

Disappearances not as much as claimed, says minister

2014-09-01 00:00:00

Minister of state for home Asaduzzaman Khan Kamal says incidents of someone gone missing after picked up by men in uniform should be described as 'abductions' rather than 'enforced disappearances', reports  bdnews24.com. He claims the number of such incidents was...

AL submits financial statement

2014-09-01 00:00:00

The ruling Awami League (EC) submitted its audited financial statement on Sunday to the Election Commission (EC) for the 2013 calendar year, report agencies. According to the statement, the AL's income was nearly double of its expenses in the last...

Ten RU BCL men sued

RU Correspondent | 2014-09-01 00:00:00

RAJSHAHI UNIVERSITY, August 31: The Rajshahi University (RU) authorities have filed a case against ten leaders and activists of Bangladesh Chhatra League (BCL) of the university unit for beating up acting chief engineer and two others employees. Alamgir Hossain, officer...

Contempt of court: Order deferred against Br Fakhrul

2014-09-01 00:00:00

The International Crimes Tribunal (ICT)-1 on held back Sunday its order until October 20 on the contempt of court charge made against barrister AKM Fakhrul Islam, counsel for the condemned war crimes convict Salauddin Quader Chowdhury, a BNP stalwart, reports...

Photo: Prime Minister Sheikh Hasina addressing

2014-09-01 00:00:00

No launch sans certificate can ply, passenger ticket a must

FE Report | 2014-09-01 00:00:00

The government and the owners Sunday drafted a set of consensus recommendations for passenger safety that bars any launch sans fitness certificate and necessary gear from plying country's river routes, as some fatal accidents alarmed all.       Carry passengers beyond capacity...

Another Rab man confesses to involvement, DIG grilled

2014-09-01 00:00:00

NARAYANGANJ, Aug 31 (Agencies):  Another member of Rab-11, who was arrested Wednesday, reportedly made his 'confessional' statement Sunday over his involvement in the sensational seven-murder incident. The statement of Habildar Arif Hossain was recorded at the court of senior judicial...

CRAB to submit memo to IGP today

2014-09-01 00:00:00

Crime Reporters Association of Bangladesh (CRAB) will submit a memorandum to the Inspector General of Police (IGP) today (Monday) demanding punitive action against the police officer responsible for assaulting ETV journalist Akhil Poddar, reports UNB. It was announced at a...

Ban on battery-run rickshaws on JU campus

JU Correspondent | 2014-09-01 00:00:00

The authorities of Jahangirnagar University (JU) have banned plying of battery-run rickshaws on campus considering its bad effects. JU authorities also said if anybody runs battery -run rickshaws on campus violating the decision he will be punished. Md. Nurul Amin,...

Abducted bank official rescued

2014-09-01 00:00:00

SIRAJGANJ, Aug 31 (UNB): The Detective Branch (DB) of police in a drive rescued a bank official from Jhaoil area in Kamarkhanda upazila of the district Saturday night, two days after his abduction by miscreants. The DB also arrested two...