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Govt backs Tk 669b SoEs\\\' loans

Jasim Uddin Haroon | 2014-07-05 00:00:00

Economists are critical of government guarantees given against substantial volume of loans negotiated by different state-owned enterprises (SoEs). The stock of government guarantees valid beyond June 30, 2014 is nearly Tk.669 billion, an amount equivalent to the resources allocated to...

Polluting industries to pay green tax

Doulot Akter Mala | 2014-07-05 00:00:00

Industries polluting environment and generating health hazards will have to pay 1.0 percent surcharge, a new fiscal measure defined as green taxes, from the current fiscal year. The National Board of Revenue (NBR) has issued two separate rules by explaining...

Two killed in Pallabi bus accident

2014-07-05 00:00:00

Two persons including a female garment worker were killed in a road accident at Pallabi Thana area in the city Friday afternoon, reports BSS. The victims were identified as Md Chan Mia, a roadside tea vendor and Shajnaj (45), a...

Govt decides to make inspection reports on RMG units public

Monira Munni | 2014-07-05 00:00:00

The government has finally decided to make the reports on assessment of garment factories public following pressure coming from both local and international sources. The National Tripartite Committee (NTC) at a meeting chaired by labour secretary Mikail Shipar held last...

PHOTO

2014-07-05 00:00:00

Income tax collection misses target in Ctg

Our Correspondent | 2014-07-05 00:00:00

CHITTAGONG, July 4: Reduction in imports caused by political instability late last year was blamed as the annual income tax collection in the financial year (FY) 2013-14 in Chittagong missed the target. All four tax zones realised an accumulated amount...

Warning against ferry overload

2014-07-05 00:00:00

The government has warned of stern measures against the overloading of vessels while ferrying passengers during the forthcoming Eid-ul-Fitr.  Shipping Minister Shajahan Khan said Friday, "instant action" would be taken against any water transport irregularity during the festival. Vessels and...

Indian nurses trapped in Iraq freed

2014-07-05 00:00:00

A group of 46 Indian nurses trapped in fighting engulfing parts of Iraq have been freed, Indian authorities say. The nurses have been handed over to Indian officials in the Kurdish city of Irbil and are due to be flown...

Eid shopping gets into gear

Arafat Ara | 2014-07-05 00:00:00

Eid shopping gathers momentum in the capital with people streaming into the markets and open-air shops. But higher prices of most wears and gift items made many to make a pause before fixing the choice. It was the first weekend...

High-ups for expediting ongoing Chinese, Japanese projects

Syful Islam | 2014-07-05 00:00:00

Government high-ups have taken a move to expedite implementation of the ongoing Japanese and Chinese projects in Bangladesh, official sources said. The ministries and departments concerned have been directed to ensure it. The directive happens to have been issued at...

BJMC seeks Tk 5b from govt to buy jute, pay salary, bonus

Talha Bin Habib | 2014-07-05 00:00:00

The state-run Bangladesh Jute Mills Corporation (BJMC) has sought Tk 5.0 billion from the government for payment of salary and festival bonus of its employees as well as purchase of raw jute and payment of dues. The corporation, through the...

DoS in dilemma over taking actions against errant licensees

Jubair Hasan | 2014-07-05 00:00:00

The government authorities concerned are not taking any action against the shipping firms which have failed to press into service the container vessels even four years after receiving the necessary licences, sources in the shipping circles said. Officials at the...

PC sends back Matarbari plant project for cost rationalisation

FHM Humayan Kabir | 2014-07-05 00:00:00

The Planning Commission (PC) has sent back the proposed Matarbari 1,200-megawatt coal-based power plant project to the Power Division for faulty electricity pricing and cost estimation of the project, officials said Friday. The Commission asked the Power Division to rationalise...

Brazil beat Colombia 2-1 to reach semis

2014-07-05 00:00:00

Brazil reached the 2014 World Cup semifinals for the first time in 12 years defeating Colombia in Fortaleza, Brazil, on Friday. Brazil, who had been eliminated in the quarterfinals at the last two World Cups, will next play Germany on...

Germany in semis at France\\\'s cost

2014-07-05 00:00:00

An early Mats Hummels header proved enough for Germany to beat France 1-0 in a tense, error-strewn and largely uninspiring World Cup quarter-final at the Maracana on Friday. The defender scored the only goal of a match neither team ever...

Bouchard faces Kvitova for Wimbledon title

2014-07-05 00:00:00

Eugenie Bouchard will become an overnight phenomenon and multi-million dollar superstar if she defeats Petra Kvitova in Saturday’s Wimbledon final. Exactly 10 years to the day when 17-year-old Maria Sharapova blitzed Serena Williams on Centre Court, the same fate awaits...

Injured Neymar out of World Cup

2014-07-05 00:00:00

Brazil forward Neymar has been ruled out of the World Cup after fracturing his vertebra in the closing stages of the 2-1 quarter-final win over Colombia on Friday in a major blow to the host nation. Neymar, who has scored...

Nizami well: Dhaka Central Jail

2014-07-05 00:00:00

Jamaat-e-Islami Ameer Matiur Rahman Nizami, standing trial for crimes against humanity in the International Crimes Tribunal (ICT), has recovered from his illness, says a health report by the Dhaka Central Jail authorities. The report has been sent to the registrar...

European stocks pause after strong rally

2014-07-05 00:00:00

European stocks ended the week on a muted note on Friday as traders paused after the previous day's solid gains that followed forecast-busting US jobs data, dealers said. Frankfurt's DAX 30 closed down 0.20 percent to 10,009.08 points, while the...

US coast survives Hurricane Arthur

2014-07-05 00:00:00

Proving far less damaging than feared, Hurricane Arthur left tens of thousands of people without power on Friday in a swipe at North Carolina’s dangerously exposed Outer Banks, then brought lousy Independence Day beach weather to the Northeast as it...

Bangabandhu Safari Park becomes lovely destination of tourists

2014-07-05 00:00:00

The Bangabandhu Sheikh Mujib Safari Park in Gazipur district has emerged as one of the most gorgeous destinations of tourists. The park located in the Bhawal mouza has become a hive of activity. It has become a focal point for...

Rokeya VC freed after 36-hr confinement

2014-07-05 00:00:00

The vice-chancellor of Begum Rokeya University has been freed after 36 hours of confinement after the staff called off their siege programme. A total of 138 officials and employees kept VC AKM Nur-un-Nabi confined to his office since 11am on...

Tokyo investors eye Japan data, Fed meet minutes this week

2014-07-05 00:00:00

Tokyo stocks have returned to their winning ways as the Nikkei 225 index finished at a more than 5-month high on Friday, with investors looking to minutes from the Fed's June meeting and Japanese data this week. Among key data...

Curriculum must change: Joy

2014-07-05 00:00:00

Prime Minister Sheikh Hasina’s son and IT adviser Sajeeb Wazed Joy believes educational curriculum must change to allow for an environment in which entrepreneurship can flourish. Speaking at an event titled ‘Policy Café’ at the Radison Blu Hotel in the...

Woman slaughtered in Sonargaon Upazila

2014-07-05 00:00:00

Unidentified killers slaughtered a woman and dumped the body in an orchard in Sonargaon Upazila in Narayanganj district at some time between Thursday and early Friday. The deceased was identified as Halima Akhter, 18, wife of Sujon Mia of Chhoto...

Khaleda to host Iftar for diplomats today

2014-07-05 00:00:00

BNP Chairperson Khaleda Zia will host an Iftar party today (Saturday) in honour of foreign diplomats and representatives of different international organisations and agencies in Bangladesh. The Iftar party will be held at Hotel Westin in Gulshan in the city,...

Youth killed allegedly by friend for money

2014-07-05 00:00:00

One Jewel Sheikh, 25, was killed allegedly by his friend Shahin Bepary for greed of money in Bhanga upazilla of Faridpur district on Thursday night. Police said, Jewel Sheikh, 2nd son of Shaheb Ali Sheikh of Aikda village of Muksudpur...

1 electrocuted in Bogra

2014-07-05 00:00:00

A man died from electrocution in Sariakandi upazila in Bogra district on Friday. The deceased was identified as Belal Hossain, 50, son of Alam Uddin of Kirtina village in Gabtoli upazila. Locals said Belal went to the house of one...

Bangladesh investments welcome: Tripura CM

2014-07-05 00:00:00

Investors from Bangladesh are most welcome to set up production units in India’s Tripura state, says the state’s Chief Minister Manik Sarkar. Sarkar says his state is grateful to the Bangladesh government for several reasons -- for allowing shipment of...

Pay Eid bonus before Ramadan 20: RMG workers

2014-07-05 00:00:00

Garment workers have reiterated that the owners of ready-made garment (RMG) factories pay bonuses for Eid-ul-Fitr festival and arrears before the 20th of Ramadan, the holy fasting month of the Muslims. The demands came at a rally in the city,...