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Financing of large infrastructure projects

AMM Nasir Uddin in the second of a four-part article titled Public-Private Partnership - issues and practices | 2014-02-25 00:00:00

Typically, the financing of large infrastructure projects is on a what is known as, 'non-recourse' or 'limited recourse' basis, that is, non-recourse to the project sponsors or to the host government. Recourse is limited to the project company and its...

Nahid wants JnU dorms cleared

2014-02-25 00:00:00

The Education Minister wants Jagannath University (JnU) dormitories cleared of 'illegal occupants', reports bdnews24.com. Much of the buildings is currently held by MPs, police and influential Awami League leaders. In the backdrop of the movement of the university's students for...

Bail petition of Minu, Bulbul, others rejected, sent to jail

Our Correspondent | 2014-02-25 00:00:00

RAJSHAHI, Feb 24: A court in Rajshahi this noon rejected bail prayer of 36 leaders and activists of BNP including Mayor of Rajshahi City Corporation (RCC) Mosaddeque Hossain Bulbul, BNP Joint Secretary General and former Mayor of RCC Mijanur Rahman...

\\\'I carelessly mentioned wrong wealth info\\\'

2014-02-25 00:00:00

Former Health Minister Dr AFM Ruhal Haque apologized on Monday to all Awami League leaders and activists and physicians for submitting his affidavit to the Election Commission (EC) with wrong wealth information before the 10th general election, reports UNB. "I...

2nd phase UZ polls to be even better: Nawaz

2014-02-25 00:00:00

Election Commissioner Md Shah Nawaz said on Monday the second phase upazila election slated for February 27 will be more flawless, reports UNB. "We're working to make the second phase elections more flawless using the first phase's experiences," he told...

Miscreants sever AL man’s tendons

Our Correspondent | 2014-02-25 00:00:00

JHENIDAH, Feb 24: Miscreants cut off the tendons of the hands and legs of a Awami League (AL) activist at Barobazar union under Kaliganj upazila in Jhenidah Sunday afternoon. He was identified as Iqbal Hossain (36), son of Isadi Mondol...

Cabinet okays cutting down 498 ‘Sal’ trees of reserved forest

FE Report | 2014-02-25 00:00:00

The cabinet Monday approved cutting down and removing some 498 'Sal' trees of the reserved forest from Joydevpur to Mawna for implementing the Joydevpur- Mymensingh road development project. The decision of the cabinet came partly for relaxing the decision taken...

Pvt varsities urged to reduce tuition fees to encourage poor students

FE Report | 2014-02-25 00:00:00

Education Minister Nurul Islam Nahid called upon the country's all private universities Monday to reduce the tuition fees to ensure more access of poor but meritorious and deprived students to the tertiary level education. The minister made the call while...

42.2pc say standards good but tough to implement

FE Report | 2014-02-25 00:00:00

Around 42.2 per cent of participants of an exposition expressed their opinion that the safety standards for the apparel sector are good but tough to implement while 35.5 per cent said that the standards are good and they should be...

Steps to reduce road accidents under way, says Minister

2014-02-25 00:00:00

Communications Minister Obaidul Quader Monday said coordinated steps will be taken to prevent road accidents and ease jams, reports UNB. He said the cabinet committee on road safety will discuss the steps at its next meeting on February 26. The...

JnU students announce fresh programmes

FE Report | 2014-02-25 00:00:00

The demonstrating students and teachers of the Jagannath University (JnU) announced on Monday fresh three-day programmes to realise their demands including recovery of the university's dormitory, which is allegedly occupied by incumbent parliament member Haji Selim. The programmes include collection...

PM to handover cheques to BDR mutiny victims\\\' families today

2014-02-25 00:00:00

Prime Minister (PM) Sheikh Hasina will distribute cheques of financial assistance today (Tuesday) to the dependants of the army officers, killed brutally inside Bangladesh Rifles (BDR) headquarters at city's Peelkhana in the mutiny of February 25-26, 2009. She will hand...

New DG of Health Directorate

FE Report | 2014-02-25 00:00:00

Director General (DG) of the Directorate General of Health Services (DGHS) Dr Khandaker Md Shefayetullah has been made Officer on Special Duty, a Health Ministry circular said Monday. He was replaced temporarily by Director at the National Institute of Eye...

Russia to provide 13 scholarships for BD students

2014-02-25 00:00:00

Russia would provide 13 scholarships for Bangladeshi students especially from Dhaka University (DU) to pursue PhD, Post-graduate and Under-graduate programmes in Russia, reports BSS. First Secretary and Head of the Cultural Department of the Russian embassy in Dhaka Alexander P...

Three arrested for forging currency in city

2014-02-25 00:00:00

The Rapid Action Battalion (RAB) arrested three members of an organised gang for making counterfeit currencies along with fake taka and equipment for producing those from Hazaribagh in the old city, reports BSS. Being informed, RAB-2 personnel arrested Suman (25),...

News in Brief

2014-02-25 00:00:00

Prof Anisuzzaman accorded reception Prof Emeritus Dr Anisuzzaman was accorded a reception at Dhaka Club Sunday evening for getting Padma Bhusan award, third highest civilian award of India. National Professor Dr Shahla Khatun accorded the reception. Finance Minister AMA Muhith,...

weather

2014-02-25 00:00:00

Weather may remain dry with temporary partly cloudy sky over the country until 6pm today (Tuesday). Night and day temperature may remain nearly unchanged over the country, Met Office said. Country's highest temperature at 31.6 degree celsius was recorded Monday...

Youth killed in city road crash

2014-02-25 00:00:00

A youth was killed as a running bus ran over him in the city's Mogbazar area Sunday night, reports UNB. The deceased identified as Hridoy, a resident of Outer Circular Road at Moghbazar, used to work at an automobile workshop...

Photo: ‘Nari Shikkhar Agrodut - Nawab Faizunnesa Chowdhurani’

2014-02-25 00:00:00

Photo: Green Delta Insurance Co Ltd

2014-02-25 00:00:00

Saad Musa industrial park starts partial operation

Pankaj Dastider | 2014-02-25 00:00:00

CHITTAGONG, Feb 24: The Saad Musa industrial park, the second specialised industrial zone in Chittagong after Korean Export Processing Zone (Korean EPZ), started partial operation Sunday with the commissioning of gas line. With gas available from the Karnaphuli Gas Distribution...

5th anniversary of BDR carnage today

2014-02-25 00:00:00

The nation will recall today (Tuesday) the horrendous carnage at Pilkhana BDR headquarters in the capital where 74 people, including 57 army officers, were killed in 2009, reports UNB. Relatives of the martyrs, government high-ups, and Border Guard Bangladesh and...

Govt desperate to oppress opposition after losing UZ polls, says BNP

2014-02-25 00:00:00

The BNP has accused the government of oppressing the opposition out of vengeance after losing the first phase of the ongoing Upazila elections, reports bdnews24.com. BNP Joint Secretary General Ruhul Kabir Rizvi made the allegation while addressing a press conference...

Timely completion of Dhaka-Ctg 4-lane highway continues to elude RHD

Munima Sultana | 2014-02-25 00:00:00

The timely implementation of the Dhaka-Chittagong four-lane project continues to be uncertain as the stalemate between the project's major foreign contractor and the government over compensation persists. Sources said the standoff between the two parties over the issue continues to...

HSBC\\\'s Global Head of Trade now in city

FE Report | 2014-02-25 00:00:00

James Emmett, Global Head of Trade and Receivables Finance, HSBC, arrived in Bangladesh Monday in a four-day visit, says a press release. During his stay, Mr James will meet colleagues from Bangladesh and a number of key HSBC clients and...

Photo: The quarterly luncheon meeting of MCCI, Dhaka

2014-02-25 00:00:00

Businesses lament Indian barriers to bilateral trade

FE Report | 2014-02-25 00:00:00

Bangladeshi businessmen raised Monday their strong voices against different barriers they face while making efforts to boost trade and investment in India. They pointed out some barriers in terms of investment in India, complexity in getting letters of credit and...

ADB to review $3b projects

FHM Humayan Kabir | 2014-02-25 00:00:00

The Asian Development Bank (ADB) will review its nearly US$3.0 billion funded 36 development projects in Bangladesh as many of those now face several implementation hurdles in different stages, officials said Monday. Economic Relations Division (ERD) officials said the ADB...

Shippers, airlines allowed to open FC accounts

Siddique Islam | 2014-02-25 00:00:00

The central bank has allowed shipping lines, airlines and multimodal transport operators to open and maintain foreign currency (FC) accounts with the banks to facilitate foreign trade, officials said. "We've relaxed our foreign exchange regulations to facilitate foreign currency payment...

Consumers to pay for rental, quick rental plants\\\' extension

M Azizur Rahman | 2014-02-25 00:00:00

The country's electricity consumers are set to pay the price of extension of tenure of several rental and quick rental power plants and non-implementation of big power projects by counting additional tariff from March next, industry insiders said. Instead of...