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World AIDS Day today

2011-12-01 00:00:00

The World AIDS Day will be observed today (Thursday) across the country as elsewhere in the world, reports BSS. The theme of this year's World AIDS Day is "Getting to Zero." 'Zero New HIV Infections. Zero Discrimination and Zero AIDS...

Death anniversary

2011-12-01 00:00:00

The 18th death anniversary of Syed Md Badiul Alam, the eldest son of noted Sufi saint Hazrat Mufti Ali Azam Chandpury ® will be observed today (December 1) with due solemnity. On this occasion a Milad-Mahfil will be held at...

Indian HC probing intrusion into online visa system

2011-12-01 00:00:00

The Indian High Commission (HC) in Dhaka Wednesday said that it has launched an investigation into reported "intrusion" of "certain unscrupulous elements and visa agents" into its online visa application system to manipulate the service, reports BSS. "It has come...

Tk 22m fake currency notes seized in city

2011-12-01 00:00:00

Detective Branch (DB) of police arrested three alleged frauds, including an Indian national, and recovered Tk 22 million fake currency notes of different denominations from across the city Tuesday night, reports UNB. The arrestees were identified as Masudur Rahman, alias...

Controversy over 'torture' on school student

2011-12-01 00:00:00

FE Report A former governing body member of Saint Gregory's School is reportedly engaged in activities detrimental to academic atmosphere of the institution. He has even hung banners and posters on the campus denouncing school authority. Yar Mohammad, the ex-governing...

Gallery Cosmos to launch its 2nd premises on Dec 2

2011-12-01 00:00:00

Gallery Cosmos will launch its second premises at Villa de Anjuman at New DOHS, Mahakhali in the city at 4:30 pm Friday (December 2), reports UNB. Internationally noted artist Shahabuddin Ahmed will conduct a one day drawing workshop at flat...

Supertech to invest Rs 20b to develop luxury project

2011-12-01 00:00:00

NEW DELHI, Nov 30 (PTI): Real estate firm Supertech today said it will invest Rs 20 billion in the next four years to develop a luxury project, comprising residential and commercial properties, at Noida. The project -- Supernova -- will...

State of investigative journalism in Bangladesh

2011-12-01 00:00:00

Division, fragmentation or categorisation of journalists -- into different strands -- is, in all frankness, unfair to a great extent. All journalism belongs to one community and the same field of endeavour. And it essentially relates to presentation of facts...

Will unity of the two Palestinian factions stand the test of time?

2011-12-01 00:00:00

Zaglul Ahmed Chowdhury The two leaders of the Palestinian factions- Fatah and Hamas-have recently met in Cairo to strengthen their fragile unity in the face of new challenges coming from Israel and its main ally, the United States. President Mahmoud...

Standardised accounting and auditing

2011-12-01 00:00:00

There always remains a grey area in accounting and auditing, particularly in countries like Bangladesh where the corporate world and manufacturing sector had to start literally from scratch with financial and other regulations being conspicuous only by their absence in...

Parental care and a case for the physically challenged

2011-12-01 00:00:00

How much are parents ready to sacrifice for their progeny? Some say there is no limit to sacrifices parents can make for their young ones -their alter ego. It is not uncommon to come across news specifically pointing out how...

The wanton destruction of forest resources

2011-12-01 00:00:00

Abdul Mannan The official figure of lands under forest in Bangladesh is about 8.0 per cent, though unofficially even the same is doubted. This is a very poor figure considering the needs of environmental safety. Environmentalists may come up with...

Economic situation

2011-12-01 00:00:00

The current condition of the country's stock market is directly related to the prevailing macroeconomic situation of the country. A large number of investors in the country's two stock exchanges have already been badly affected by market scam. As government...

Elected autocrats

2011-12-01 00:00:00

Bangladesh, as it is today, exhibits the hallmarks of an electoral democracy or illiberal democracy and this is the problem. Ever since regular free and fair elections became the rule following the exit of a long standing autocratic government in...

Safety of nuclear plants

2011-12-01 00:00:00

In the wake of the Fukushima tragedy, revelations of faulty designs and cutting corners have emerged so whatever the truth may be this is a salutary reminder we ought to be a bit more intelligent as to whether building things...

Economics of public finance and ethics of development policy

2011-12-01 00:00:00

In the second half of 2011, the economy of Bangladesh does, as it appears, face a new problem: the government borrowed a sum of Tk 111.20 billion during the first two and a half months of the current fiscal year...

Building the momentum to prevent HIV

2011-12-01 00:00:00

Abu Sayeed A large metallic gravestone was seen being engraved with the single word "AIDS," the chiselling sounded like a death knell. The disease has killed more than 25 million people between 1981 and 2007. HIV is treatable now if...

Bangladesh initiatives for 'Getting to Zero'

2011-12-01 00:00:00

Afia Islam Lopa Every 24 hours, 7,000 people are infected with HIV and more than 1.0 million contract a sexually transmitted infection (STI) worldwide. Currently, 33.3 million people are living with HIV, among them 23 per cent are under age...

FDI in retail sector to 'deepen Indo-US economic co-op'

2011-12-01 00:00:00

WASHINGTON, Nov 30 (PTI): Welcoming the decision of the Indian government to allow foreign direct investment (FDI) in the multi-brand retail sector, the United States said that it will "deepen" the India-US economic co-operation. "We welcome India's decision. We think...

China to double surcharge to subsidise renewable power generation

2011-12-01 00:00:00

BEIJING, Nov 30 (Reuters): China will double a surcharge on power sales to 0.008 yuan per kilowatt hour to subsidise renewable power generation from Thursday, the National Development and Reform Commission said. The revenue from an existing surcharge, at 0.004...

S'pore consortium to build $3.3b landmark in western Chinese city

2011-12-01 00:00:00

SINGAPORE, Nov 30 (Xinhua): A Singapore consortium led by developer CapitaLand will spend 3.3 billion US dollars to build a landmark in China's western city of Chongqing shaped somewhat like the Marina Bay Sands of Singapore, local media reported Wednesday....

Malaysia's FDI jumps 42pc in first 9 months

2011-12-01 00:00:00

KUALA LUMPUR, Nov 30 (Business Times): Malaysia's foreign direct investment (FDI) for the first nine months this year jumped 42 per cent from a year ago and the full year number is set to be better than 2010. The reporter...

Rolls-Royce wins $650m Brazil contracts

2011-12-01 00:00:00

LONDON, Nov 30 (Reuters): British engineering group Rolls-Royce has been awarded contracts worth up to $650 million by Brazil's state oil company Petrobras to support its production activities offshore Brazil. Rolls, which has businesses in the aerospace, defence, marine, energy...

Visiting IMF team to negotiate $1.0b loan under ECF

2011-12-01 00:00:00

Nazmul Ahsan A five-member delegation of International Monetary Fund (IMF) arrived in Dhaka on Tuesday last to negotiate $1.0 billion loan under Extended Credit Facility (ECF), official sources said. The multilateral lending agency has made some queries to Ministry of...

Aid proliferation major challenge, says Muhith

2011-12-01 00:00:00

Finance Minister AMA Muhith has said high degrees of aid proliferation and fragmentation remain a major challenge for many aid recipient countries, including Bangladesh, reports UNB. "Despite several joint initiatives by development partners and partner countries to harmonise development efforts...

Enhanced power tariff for bulk consumers effective today

2011-12-01 00:00:00

FE Report Power tariff for bulk consumers goes up by 16.79 per cent from today (Thursday) in line with a previous decision of the country's energy regulator. The bulk consumers, especially the state-owned power distribution companies, will have to count...

2m British workers go on strike

2011-12-01 00:00:00

LONDON, Nov 30 (agencies): Two million public sector workers in Britain went on strike Wednesday over changes to their pensions in the biggest walkout for decades, which is expected to cause widespread disruption. Three-quarters of schools were closed, hospitals were...

Dhaka stocks close higher

2011-12-01 00:00:00

FE Report Dhaka stocks closed higher Wednesday and DGEN surged more than two per cent with increased turnover. Prices of almost all shares rose on the day as investors went for fresh buying. The market opened with a negative note...

MI Cement Factory wins gold trophy for export

2011-12-01 00:00:00

FE Report MI Cement Factory Ltd (Crown Cement), one of the largest enterprises in the cement industry, has won National Export Trophy (Gold) for the second consecutive year for their extraordinary contribution to the country's economy through foreign currency earnings....

Bashundhara to make LP gas 'available at affordable cost'

2011-12-01 00:00:00

FE Report Bashundhara LP Gas will make its product affordable to the general consumers considering the public interest and environment as well. "Our company is trying hard to make LP gas available in every remote corners of Bangladesh at a...