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Accidents overshadow beauty of Hatirjheel

Ridwan Quaium | 2014-03-06 00:00:00

The number of casualties inroad accident casualties has recently increased alarmingly in the Hatirjheel area. An online survey was carried out among road users at Hatirjheel to find out the traffic issues that are causing the road mishap casualties there....

ECB holds rates amid recovery

2014-03-06 00:00:00

The European Central Bank (ECB) kept its key interest rate on hold on Thursday and raised its economic growth forecasts as it acknowledged that the recovery is strengthening in the 18 countries that use the euro. The euro jumped as...

Better luck next time, Tigers!

2014-03-06 00:00:00

The Bangladesh Cricket Team has been passing bad times. It failed to win so many matches despite being so close to victory. Pakistan's newbie Ahmed Shehzad's fifth ODI century set it up well for Pakistan team when it came out...

Safety in garments factories

2014-03-06 00:00:00

A media report on safety in the garments factories caught my attention. Serious faults were detected by 'Accord', the joint team investigating factory safety in the garments sector. This lack of safety is becoming a chronic issue in garments factories...

International Women\\\'s Day and prostitution

2014-03-06 00:00:00

International Women's Day will be celebrated in Bangladesh along with the other countries of the world on March 08. The theme of the day this year is: 'Inspiring change'. The Ministry of Women & Children Affairs (MoWCA) and many NGOs...

Making the best of banks\\\' CSR fund

Syed Mahbubur Rashid | 2014-03-06 00:00:00

A very informative article titled "CSR funds for research and Development" was published in the Financial Express on March 02, 2014. It has been jointly written by Syed Ejaz Ahsan and Ali Yousuf Hossain.  Great importance has been laid upon...

Lack of financial literacy creates distortion in the market

Khairul Bashar | 2014-03-06 00:00:00

What are the possible reasons behind the poor performance of our Mutual Funds (MF)? Why are they less attractive with 41 closed end mutual funds? Why a sophisticated industry in developed and emerging countries is still in its nascent stage...

Sustainable development through green economy

Muhammad Safayet Hussain | 2014-03-06 00:00:00

A green economy is necessary if sustainable development is to be realised. For countries at all levels of development, the drive towards environmental sustainability and greener economies is gaining momentum. More fundamentally, employment and social inclusion must be integral parts...

Khaleda-B Chy formal meeting today

2014-03-06 00:00:00

After nearly 12 years, BNP chairperson Khaleda Zia is going to formally sit with Bikalpa Dhara Bangladesh (BDB) President Prof AQM Badruddoza Chowdhury tonight (Thursday) to discuss the country's latest political situation and their future course of action. The meeting...

80 tolas of gold looted in Faridpur

2014-03-06 00:00:00

Robbers looted 80 tolas of gold ornaments and other valuable items from a house in Boalmari upazila in Faridpur district on Wednesday. Boalmari Police Station officer-in-charge (OC) M Ruhul Amin said a gang of 20/22 armed robbers stormed the house...

BD to seek duty-free access for all items

Rezaul Karim | 2014-03-06 00:00:00

Bangladesh is likely to seek duty and quota-free access for all its products to the United States (US) market at the upcoming TICFA meeting, the first one since signing of the deal between the two countries, relevant officials said. Besides,...

MoF guideline on securing SoCBs\\\' vaults

FE Report | 2014-03-06 00:00:00

The ministry of finance (MoF) has issued a ten-point guideline on how to ensure foolproof security of cash vaults of state-owned commercial banks (SoCBs). The guideline includes security measures, including building concrete structure and installation of close circuit cameras to...

BIMSTEC: Will it be a strong regional forum?

Shahiduzzaman Khan | 2014-03-06 00:00:00

The third Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) summit concluded this week in the Myanmar capital of Nay Pyi Taw, renewing the member-states' commitments to strengthening cooperation in areas of trade and investment, energy, counter-terrorism...

BB to allow 2 more NBFIs

FE Report | 2014-03-06 00:00:00

The central bank has decided, in principle, to allow two more new non-bank financial institutions (NBFIs) in the country, provided they meet the necessary conditions. The Bangladesh Bank (BB) in its board meeting held Wednesday discussed in details the proposals...

BEZA yet to own land to set up industries

Shamsul Huda | 2014-03-06 00:00:00

Since adoption of the Economic Zone Act in 2010, the authority concerned is yet to own a single inch of land for establishing an economic zone, sources said. Due to the growing scarcity of land the government has planned to...

Conditions need to be met for GSP restoration: Mozena

FE Report | 2014-03-06 00:00:00

US Ambassador in Dhaka Dan W Mozena said Wednesday Bangladesh needed to meet within the given timeframe the remaining conditions set under the Action Plan for restoration of Generalised System of Preferences (GSP) in the US market. The US envoy...

Prayer Timings

2014-03-06 00:00:00

Status quo on power plant construction

2014-03-06 00:00:00

The High Court (HC) has issued an order to maintain status quo on the construction of a power plant of the Orion Group on the river Buriganga. The 102-MW oil-based power plant located in Fatulla of Narayanganj was scheduled to...

Satellite town at Patenga beach

2014-03-06 00:00:00

CHITTAGONG, Mar 5: Minister for Housing and Public Works Engineer Mosharraf Hossain today announced to develop a new satellite town in the city's Patenga sea beach. He said the government is planning to set up a new satellite town in...

2,500 phone lines disconnected

2014-03-06 00:00:00

Nearly 2,500 telephone lines of Bangladesh Telecommunications Company Limited (BTCL) under Sher- e-Banglanagar exchange have been disconnected due to snapping of its underground cable in city's Asad Gate. BTCL clients of Lalmatia, Asad Avenue, Iqbal Road, Sir Syed Road, Tajmahal...

BSC may have to pay 10pc more for buying 6 vessels

Syful Islam | 2014-03-06 00:00:00

The cost of buying six new vessels for Bangladesh Shipping Corporation (BSC) is likely to go up by 10 per cent as price of those have gone up globally, officials said. "Officials of the vessel supplying company met us this...

No plan to lift ban on hilsha export: Tofail

2014-03-06 00:00:00

The government has no plan to lift the ban on export of hilsha to ensure smooth supply of the country's most coveted fish in local market, Commerce Minister Tofail Ahmed said in the city Wednesday. "How much we get from...

Vision \\\'21 to be turned into Vision \\\'41: PM

2014-03-06 00:00:00

Prime Minister (PM) Sheikh Hasina told parliament on Wednesday that her government will soon turn the Vision 2021 into Vision 2041 as a long-term perspective plan in the context of her party's election manifesto titled: 'Bangladesh marching ahead,', reports UNB....

India sets dates for election

2014-03-06 00:00:00

NEW DELHI, Mar 5 (AFP): India announced Wednesday the start of national elections on April 7 that are expected to bring Hindu nationalist Narendra Modi to power on a platform of economic revival. Voting for the 543-member parliament is set...

BNP opposes move to hike power tariff

2014-03-06 00:00:00

Criticising the government for its move to hike electricity prices BNP leader Nazrul Islam Khan said on Wednesday this administration must go so that the people get power at cheaper rates, reports UNB. "Everything will get pricier as long as...

Power tariff hike to create new crisis, says BGMEA

2014-03-06 00:00:00

Chairman of Bangladesh Energy Regulatory Commission AR Khan said on Wednesday that rental power plants should not be considered as a permanent solution to power crisis, reports UNB. "There is much debate about the rental power plants. The government was...

ACC finds anomalies in wealth statements of ex-ministers, MPs

FE Report | 2014-03-06 00:00:00

The Anti-corruption Commission (ACC) Commi-ssioner M Shahabuddin said Wednesday that the Commission has found anomalies in the wealth statements of the former ministers and Members of Parliament (MPs) during their investigation. "We found discrepancies in the statements which some former...

President for change of attitude towards women\\\'s work

2014-03-06 00:00:00

President Abdul Hamid Wednesday underscored the need for change of attitude towards the works of women and their contributions with a view to preventing discrimination and violence against women, reports UNB. "Time has now come to change attitude towards the...

Brother, JU teacher testify

2014-03-06 00:00:00

A Jahangirnagar University (JU) teacher and the victim's brother testified Wednesday before a Dhaka tribunal at the trial of the killing of JU student Zubair Ahmed, reports UNB. Judge ABM Nizamul Haque of the Speedy Trial Tribunal-4 recorded the depositions...

‘Father grabbed Azhar\\\'s leg to escape death’

2014-03-06 00:00:00

A new prosecution witness (PW) in the trial of Jamaat leader ATM Azharul Islam testified against him Wednesday, saying his father Momtaj Ali grabbed the legs of the accused to escape death in the hands of Pakistani occupation army and...