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The capital market and role of SEC

Syed Mahbubur Rashid | 2014-06-18 00:00:00

US corporate executives enjoyed the privilege of diverting investment to a project known as the special purpose enterprise (SPES) with sufficient confidentiality. Taking advantage of this, Enron, an energy behemoth, in connivance with the audit giant Anderson, laundered billions of...

Reign of terror everywhere, says Fakhrul

2014-06-18 00:00:00

BNP acting secretary general Mirza Fakhrul Islam Alamgir alleged Tuesday that the current 'illegal' government has established a reign of terror everywhere in the country by resorting to killings, abductions and enforced disappearances only to hang onto power, reports UNB....

\\\'Talks possible if BNP recognises govt as legal\\\'

2014-06-18 00:00:00

Health Minister Mohammad Nasim said Tuesday a dialogue between the ruling Awami League (AL) and BNP can take place if it recognises the current government as the legal one, reports UNB. "If you (BNP) want any dialogue with the government,...

NID data centre\\\'s security sought

2014-06-18 00:00:00

Independent MP Rustom Ali Faraji sought on Tuesday the Prime Minister's intervention in ensuring the security of the data centre of the National Identity (NID) Card and the citizens' personal information, reports UNB. Standing on point of order at the...

CCC mayor marks four-year term

Our Correspondent | 2014-06-18 00:00:00

CHITTAGONG, Jun 17: Chittagong City Corporation (CCC) Mayor and ward councillors Tuesday organised a milad mahfil at Amanat Shah Mazar in the port city marking the four-year term in office. Ctg Mayor Manjur Alam attended the occasion and offered prayers...

‘Vacuum imminent if RPO 19 declared illegal’

2014-06-18 00:00:00

The Attorney General (AG) said Tuesday if the High Court (HC) declares illegal the provision 19 of the RPO empowering MP candidates to be elected unopposed, there will be a vacuum, reports UNB. "Such declaration ceases to exist the 154...

Qaiser mastermind behind killing of 4 FFs, says PW

2014-06-18 00:00:00

A female prosecution witness (PW) blamed Tuesday SM Qaiser for killing her freedom fighter (FF) father along with his three comrades-in-arms during the Liberation War in 1971, reports UNB. "Despite seeking mercy grabbing Qaiser's leg for my captured father along...

CUET closed sine die

Our Correspondent | 2014-06-18 00:00:00

 CHITTAGONG, Jun 17: All classes of CUET (Chittagong University of Engineering and Technology) were suspended sine die following clashes between two groups of Bangladesh Chhatra League (BCL) in the campus today. A meeting of the deans of faculties, heads of...

Another ‘killer’ of Fulgazi chairman held

2014-06-18 00:00:00

FENI, June 17 (UNB): Police arrested another accused of the sensational killing of Fulgazi Upazila chairman Ekramul Haque Ekram. The arrestee was identified as Azmir Hossain Raihan, son of Abdul Motaleb Ratan of West Sonapur village under Sadar Upazila. Police...

‘N\\\'ganj-5 by-polls to be fair, peaceful’

2014-06-18 00:00:00

NARAYANGANJ, Jun 17 (UNB): Election Commissioner Brig Gen (retd) Zabed Ali said Tuesday they are determined to hold a free and fair by-election in Narayanganj-5 constituency billed for June 26. Talking to reporters after a views-exchange meeting with candidates at...

Photo: Distinguished Fellow of Centre for Policy Dialogue (CPD)

2014-06-18 00:00:00

Policymakers unhappy over budget allocation in edn sector

FE Report | 2014-06-18 00:00:00

Policymakers at a dialogue expressed their dissatisfaction Tuesday over the less-than expected level of allocation in education sector for the upcoming fiscal year, saying the proposed budget lacks in specific guidelines for implementing the National Education Policy 2010. They said...

Orbis offers services to save sight

FE Report | 2014-06-18 00:00:00

The pre-term and low birth weight babies are usually prone to developing Retinopathy of Prematurity (ROP) ultimately leading to blindness if not screened and treated within one month of their birth, experts said Tuesday. They also said some 3.75 million...

President, PM for expansion of technical education

2014-06-18 00:00:00

President M Abdul Hamid and Prime Minister (PM) Sheikh Hasina Tuesday called for further expansion of technical and vocational education for the country's development and prosperity, reports BSS. In separate messages on the eve of 'Technical and Vocational Education Week...

Edn sector makes epoch-making achievements, claims Nahid

2014-06-18 00:00:00

Education Minister Nurul Islam Nahid said Tuesday that the country's education sector made epoch-making achievements in the last five and a half years, reports BSS. "Numerical progress in many indexes of education had earned appreciation at home and abroad. Now...

GOs, NGOs need to work together

2014-06-18 00:00:00

Experts in the city observed Tuesday that government and non-governmental organisations (NGOs) should work together to create awareness against the abuse of senior citizens in society, reports UNB. Addressing a seminar at the Jatiya Press Club, they also noted that...

Garment worker killed in Savar

2014-06-18 00:00:00

SAVAR, June 17 (UNB): A readymade garment (RMG) worker succumbed to his injuries at a hospital after he was reportedly beaten up and hacked by a group of fellow-workers near their factory here on Tuesday. The deceased was identified as...

BGP hands over 32 Bangladeshis to BGB

2014-06-18 00:00:00

COX'S BAZAR, Jun 17 (UNB): Myanmar Border Guard Police (BGP) handed over 32 Bangladeshi nationals, detained in different times, to Border Guard Bangladesh (BGB) Tuesday under the extradition treaty between the two countries. Muktar Hossain, officer-in-charge (OC) of Teknaf Police...

President arrives in New York

2014-06-18 00:00:00

NEW YORK, June 17, 2014 (BSS): President Abdul Hamid arrived here on Monday after attending the "Commemorative Summit of G77 and China" in Santa Cruz in Bolivia. Deputy Permanent Representative of Bangladesh to the United Nations Md Mustafizur Rahman received...

Sarwar obtains PhD degree

2014-06-18 00:00:00

SM Sarwar Morshed obtained PhD from Jahangirnagar University (JU). He worked under the supervision of Dr Mostafizur Rahman Khan and Dr Asit Baran Pal, professors of JU Anthropology Department. The title of his PhD research was 'Different Ethnic Groups at...

weather

2014-06-18 00:00:00

Rain or thundershowers accompanied by temporary gusty or squally wind is likely to occur at many places over Dhaka, Barisal, Chittagong, Rangpur and Sylhet divisions and at a few places over Khulna and Rajshahi divisions until 6:00 pm today (Wednesday),...

Photo: A team led by Prime Minister Sheikh Hasina and a delegation led by visiting Cambodian Prime Minister Hun Sen

2014-06-18 00:00:00

BB guideline for identification of weak, problematic NBFIs

FE Report | 2014-06-18 00:00:00

The central bank has introduced a guideline for identification of weak and problem-ridden non-banking financial institutions (NBFIs) aiming to monitor and supervise the financial market in a better way. The mechanism of the guideline will detect the weak and problematic...

BD, Cambodia sign 3 accords, one MoU

2014-06-18 00:00:00

Bangladesh and Cambodia agreed on Tuesday to further boost bilateral ties in industry, trade, commerce, culture and agriculture, report agencies. The agreement came at the official talks between the two countries held at the Prime Minister's Office in the afternoon....

Fakhrul among 26 BNP men granted permanent bail

2014-06-18 00:00:00

A Dhaka court granted Tuesday permanent bail to 26 BNP leaders and activists including its acting secretary general Mirza Fakhrul Islam Alamgir in a police constable killing case, reports UNB. Dhaka Metropolitan Magistrate Mohammad Hasibul Hoque passed the order after...

Scope of investing untaxed money in T-bonds set to go

Doulot Akter Mala | 2014-06-18 00:00:00

The opportunity for declaring undisclosed income through investment in Treasury bonds is set to be scrapped from the upcoming fiscal year (FY) while other two options, investment in flats and voluntary declaration, will remain unchanged, sources concerned said. The issue...

Tk 121.33b deal signed with Chinese firm

FE Report | 2014-06-18 00:00:00

The government Tuesday entered into a Tk 121.33 billion deal with a Chinese firm to construct the Padma Bridge, after the lapse of nearly three years for a hitch over allegation of corruption in the bidding process. Project director of...

BIG-B holds out new dev outlook for BD, says JICA president

Raihan M Chowdhury | 2014-06-18 00:00:00

Bangladesh is now on a new development landscape and able to tap into the growing dynamism and connectivity of the surrounding region to yield greater private sector investment and generate faster growth. "The new development surrounding the initiation of a...

Thai contractor selects Chinese firm to resolve financial problem

Munima Sultana | 2014-06-18 00:00:00

The Thai contractor of the Dhaka Elevated Expressway (DEE) has selected a Chinese partner to resolve its long standing financial problem for constructing the 26-kilometre-long expressway under public-private-partnership (PPP). President of Italian-Thai Public Development Ltd Premchai Karnasuta who arrived in...

Fruit prices soar in city amid anti-formalin drive

Ismail Hossain | 2014-06-18 00:00:00

The ongoing crackdown on use of formalin in fruits has seriously disrupted the supply chain of seasonal fruits, thus raising their prices significantly, traders said. According to them, the supply of seasonal fruits, including mango, litchi, jackfruit and jambul etc,...