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RAB arrest three JMB members

2011-11-28 00:00:00

Members of Rapid Action Battalion (RAB) arrested three members of the banned Islamist outfit Jama'atul Mujahideen Bangladesh (JMB) from the city and its outskirts (Dhamrai) in the last two days, reports BSS. The arrested were identified as Faruk Hossain alias...

About 200 JP men join AL at Sirajganj

2011-11-28 00:00:00

SIRAJGANJ, Nov 27 (BSS): Over 200 leaders and workers of Jatiya Party (JP) formally joined the Bangladesh Awami League (AL) at a function here Saturday. On the occasion a reception was organised at Daulatpur College ground in the afternoon. Fisheries...

David Bergman denies contempt charge

2011-11-28 00:00:00

The counsel for daily New Age on Sunday claimed that the article, 'Crucial period for International Crimes Tribunal', by its editor (special reports) David Bergman' does not contain any element of contempt of court, rather 'complementary to fair play,' reports...

Donors' pledge for food grains aid unlikely to be met this yr

2011-11-28 00:00:00

Talha Bin Habib Disbursement of food grains aid pledged by the international donors for the country is unlikely to be fully met in the current fiscal as only 25,000 tonnes out of a total commitment of 150,000 tonnes have been...

Food safety issues, compliance in fisheries stressed

2011-11-28 00:00:00

FE Report Fisheries and Livestock Minister Abdul Latif Biswas stressed the need for ensuring food safety and compliance in fisheries sector in a bid to uphold the image of the local quality products in the global market. "Bangladesh has improved...

'Salinity creeping alarmingly to fresh ground water'

2011-11-28 00:00:00

Yasir Wardad Bangladesh Water Development Board (BWDB) is conducting a study to assess saline water intrusion in groundwater in the coastal areas as salinity is creeping alarmingly to the fresh ground water in the region. "The project titled 'Establishment of...

Zaker Party's meet in city tomorrow

2011-11-28 00:00:00

A central discussion meeting of Zaker Party (ZP) will be held at 3:00pm tomorrow (Tuesday) at the city's Institution of Engineers Bangladesh (IEB), according to a press release. The meeting will discuss upcoming holy Urs Sharif for 2012 which would...

Eight disabled, 4 distressed women get jobs in RMG factory

2011-11-28 00:00:00

FE Report Eight disabled and four under-privileged women have been given jobs in a renowned readymade garment (RMG) factory after completion of a skill development training conduced by International Labour Organisation, the first ever initiative to bring reform in the...

HC bans Sylhet hill cutting for 6 months

2011-11-28 00:00:00

The High Court (HC) on Sunday imposed a six-month ban on cutting hills and hillocks in Sylhet City Corporation (SCC) and its six upazilas of Sylhet district, reports UNB.

Businessman Abu Sayeed no more

2011-11-28 00:00:00

FE Report Founding president of Bangladesh Soap Manufactures' Association Md Abu Sayeed died in the city early Saturday. He was 93. He left behind three sons, nine grandsons, a number of friends, relatives and well wishers to mourn his death....

Consequences of government borrowing from the banking sector

2011-11-28 00:00:00

Government borrowing from the banking system has become a matter of concern. Such borrowing is fuelling inflation. People of fixed-income group are passing through a difficult time. Because of lack of balance between income and expenditure, bank loan has become...

Bringing back stock investors' confidence

2011-11-28 00:00:00

The government of Bangladesh promised to do everything whatever it takes to stimulate the market again. On November 23, 2011, it eventually revealed its stimulus package to help revamp country's stock market. Obviously the package has some ideas which will...

A comprehensive plan to face impact of climate change

2011-11-28 00:00:00

Climate change is at the doorstep of Bangladesh, although its impact in large measure is yet to be felt by this country. But experts are in consensus now that the effects could start telling on this country sooner rather than...

When money goes down the drain

2011-11-28 00:00:00

The Road and Highways Department (RHD) under the Ministry of Communications had hit the newspaper headlines during the peak of the last monsoon when passenger transport operators stopped plying their vehicles in protest against extremely poor road conditions. Thousands of...

Bifurcation of DCC will not serve purpose

2011-11-28 00:00:00

The process is almost complete for bifurcation of the Dhaka City Corporation (DCC). It would be surprising if the lobbyists in favour of the move are not aware of people's resentment across the social spectrum. This paper has no intention...

Balance of trade

2011-11-28 00:00:00

An easy way to understand any country's economic scenario is through its balance of trade. It shows the difference between the total amount of incoming and outgoing currencies through import and export. The recent trend of our country's balance of...

A slap is a slap is a slap

2011-11-28 00:00:00

"A slap is a slap is a slap". No, this quotation of this scribe will never rival the famous one by Gertrude Stein, "A rose is a rose is a rose". Even the victim, India's Agriculture Minister Sharad Pawar, of...

Improving marketing strategy of BD tea exporters to the UK

2011-11-28 00:00:00

Globalisation is the mainstream of a company in any country on earth, whether small or big. A company has to consider its mission, objectives and strategy to operate its export business globally. "A strategy is a fundamental pattern of present...

Liquidity repartee touches telecom!

2011-11-28 00:00:00

"We have just collected quite a substantial amount of money from the 2G licence renewal fee and will get some more soon. Don't you understand why the question of liquidity crisis comes up?" Telecom industry is anxious to hear such...

Ministry plans to acquire ecologically critical area to set up DSP

2011-11-28 00:00:00

Munima Sultana The shipping ministry plans to acquire 26 per cent land of Moheskhali district which includes the entire 9.0 sqkm Sonadia island, identified as ecologically critical area, to set up the proposed Deep Sea Port (DSP), officials said Sunday....

Fuel subsidy leeching pvt sector credit

2011-11-28 00:00:00

Footing the fuel bill is leaving the private sector shrivelled and affecting the economy in turn, say economists, reports bdnews24.com. The government has already used up the whole of this fiscal's bank loan target in only four months in order...

NBR likely to impose 25pc RD on tea import

2011-11-28 00:00:00

Doulot Akter Mala The government is set to impose heavy duty on import of tea, as its increased import has been affecting the local tea growers, sources said. The National Board of Revenue (NBR) is likely to impose 25 per...

US envoy finds ICT judicial process fair

2011-11-28 00:00:00

Witnessing the proceedings of the International Crimes Tribunal (ICT) on a contempt rule Sunday, visiting US Ambassador-at-Large for war crimes issues Stephen J Rapp expressed "satisfaction" over the judicial process, reports UNB. "Rapp conveyed his observation when he met members...

DGEN sheds 308 points despite 'bail-out' package

2011-11-28 00:00:00

FE Report Despite announcement of the 21-point stock market rejuvenation package, the Dhaka stocks witnessed sharp decline again Sunday and DGEN fell almost six per cent amid street protest. Market insiders said the investors went for panic sale from the...

Govt committed to ensuring financial discipline in development activities: PM

2011-11-28 00:00:00

Prime Minister Sheikh Hasina Sunday categorically said her government would take allout measures to ensure proper discipline in expenditure of the government fund, reports BSS. "Proper accountability is a must in the management of financial administration and we are committed...

Faruq Choudhury re-elected as DBHchairman

2011-11-28 00:00:00

Faruq A. Choudhury, former Foreign Secretary and Ambassador has been re-elected as Chairman of the Board of Directors of Delta Brac Housing Finance Corporation Ltd. (DBH) at its 64th meeting of the Board of Directors held recently. Faruq Choudhury, a...

'Joyeeta' women entrepreneurs urge govt to extend credit facilities

2011-11-28 00:00:00

Kamrun Nahar Women entrepreneurs of new Joyeeta project in public sector have urged the government and the financial institutions to ensure credit facilities to women entrepreneurs at grassroots level and shun favouratism. They also said the success of government initiative...

Sales of wooden furniture decline due to economic crisis

2011-11-28 00:00:00

Badrul Ahsan Sales of wooden furniture declined by more than 60 per cent over the last one year mainly due to share market debacle and increasing living cost, industry insiders said. According to the information of Bangladesh Furniture Shilpa Malik...

India, Nepal to ink double taxation pact

2011-11-28 00:00:00

KATHMANDU, Nov 27: India and Nepal will sign the key Double Taxation Avoidance Agreement (DTAA) during the day- long visit of Finance Minister Pranab Mukherjee here Sunday, a move which will help create better investment climate for Indian businesses in...

Pvt banks plan to introduce multi-use ATM cards

2011-11-28 00:00:00

Md Mazadul Hoque The country's private banks are planning to introduce multi-purpose ATM (Automated Teller Machine) cards with incentives to boost their income, bankers said. The move comes in response to the needs of customers who do not want to...