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CIOs spend more than half of their opex budget

2011-11-18 00:00:00

The majority of CIOs (60 per cent) currently spend more than half of their opex budget (Operation Expenditure Budget) on 'maintenance'. Addressing this is going to be a major priority in 2012 and CIOs will respond with a more strategic...

New MD of HFCL

2011-11-18 00:00:00

Md. Tawhidul Islam has been appointed as the Managing Director of Hajj Finance Company Limited (HFCL), said a press release. Tawhidul Islam is Post Graduate (Physics) from the Rajshahi University and a Diplomaed Associate of Institute of Banker's Bangladesh. He...

Regent Airways completes one year

2011-11-18 00:00:00

FE Report Regent Airways, the country's youngest private carrier, has successfully completed its first year of operation, pinning hope on spreading its wings beyond the border. The airline, a venture of Chittagong-based conglomerate Habib Group, started its operations with its...

Farashuddin to head stock market advisory body

2011-11-18 00:00:00

FE Report The ministry of finance (MoF) Thursday announced formation of a five-member body with former Bangladesh Bank Governor Dr Mohammed Farashuddin as its convener after excluding its previously announced chief, the finance minister, officials said. The ministry in a...

ADB's fund refusal delays gas pipeline project

2011-11-18 00:00:00

FHM Humayan Kabir The Asian Development Bank (ADB) has refused to bankroll a major gas transmission pipeline scheme in Bangladesh which delayed its installation, officials said Thursday. Energy ministry officials said the Tk7.43 billion Ashuganj-Bakhrabad gas pipeline project has been...

BD performs well in terms of HR dev, economic growth

2011-11-18 00:00:00

FE Report Bangladesh has performed well in terms of human resource (HR) development and economic growth compared with many other Least Developed Countries (LDCs), said the UNCTAD Report-2011 on LDCs revealed by a local think-tank in the capital Thursday. "Bangladesh...

300 shanties gutted by fire in city

2011-11-18 00:00:00

FE Report Hundreds of families have become homeless following a devastating fire that raged through a slum in the capital's Rayerbazar area Thursday. Firefighters said nearly 300 shanties of the slum named 'Bat Tala Chan Mia Housing Slum' were gutted...

ACC probing Padma Bridge irregularities

2011-11-18 00:00:00

The Anti-Corruption Commission (ACC) is now conducting inquiry into alleged irregularities in the Padma Bridge Project, reports BSS. "We are currently conducting two separate inquiries into alleged irregularities in Padma Bridge Project," ACC Director General (admin and establishment) and spokesman...

PDB proposes retail tariff hike by 21pc in phases

2011-11-18 00:00:00

State-owned Power Development Board (PDB) has proposed increasing the retail electricity tariff by 21 per cent while a technical committee of the Bangladesh Energy Regulatory Commission (BERC) recommended it by 12.86 per cent, reports UNB. The average retail tariff is...

PM, ministers will pay tax

2011-11-18 00:00:00

The cabinet decided Thursday to bring the salaries of the Prime Minister, ministers, state ministers, and deputy ministers under the tax net by amending two relevant acts, reports agencies. The decision was taken at the regular weekly meeting of the...

MK Alamgir retains his JS membership

2011-11-18 00:00:00

Awami League presidium member Mohiuddin Khan Alamgir retained his parliament membership as the High Court (HC) Thursday declared illegal the impugned Election Commission gazette notification vacating his seat. A division bench comprising Justice AHM Shamsuddin Chowdhury and Justice M Jahangir...

'Killer' driver granted bail

2011-11-18 00:00:00

MANIKGANJ, Nov 17: A local court has granted bail to the bus driver who was allegedly responsible for the death of Tareque Masud and Mishuk Munier. Manikganj district and sessions judge A K M Mostafa Dewan granted the bail to...

Quader urges BNP to raise demands in parliament

2011-11-18 00:00:00

Awami League (AL) Presidium Member and chairman of Parliamentary Committee on the Ministry of Information Obaidul Quader has urged the BNP leaders to raise their demands in parliament, shunning negative politics. The AL presidium member said this as the chief...

Partial hearing on petition of Salam Pintu completed

2011-11-18 00:00:00

A court in the city Thursday completed partial hearing on discharge petition of former deputy minister of BNP Abdus Salam Pintu, an accused in the first charge-sheets of August 21, 2004 grenade attack cases, reports BSS. After completion of hearing...

Cancellation of doctors' promotion list demanded

2011-11-18 00:00:00

A pro-opposition physicians' group has demanded immediate cancellation of promotions for doctors made by the departmental promotion committee (DPC), after raising allegations of serious irregularities. DAB Secretary General Prof Dr AZM Zahid Hossain made the demand at a press conference...

Cabinet discusses trial process of war criminals

2011-11-18 00:00:00

The cabinet at a meeting Thursday discussed at length various aspects of the trial process of crimes against humanity committed during the War of Liberation in 1971, reports BSS. The discussion followed the regular cabinet meeting at the Bangladesh Secretariat...

Teesta deal will ensure interests of all: Mamata

2011-11-18 00:00:00

KOLKATA, Nov 17 (bdnews24.com): Chief Minister (CM) of Pashchi-mbanga Mamata Banerjee has said interests of Bangladesh and her state will be safeguarded in signing the Teesta water-sharing agreement. "I'll be happy to give Bangladesh water. But we have some problems,...

Nasim terms Khaleda's long march as 'long drive'

2011-11-18 00:00:00

TANGAIL, Nov 17 (BSS): Awami League (AL) leader and former home minister Mohammad Nasim said Kader Siddiqui has joined hands with Khaleda-Nizami to become a parliament member in future. Addressing a public meeting organised by Jadabpur Union AL at Airport...

Plaintiff demands exclusion of Gowhar Jamil from charge sheet

2011-11-18 00:00:00

Our Correspondent CHITTAGONG, Nov 17: Complainant of a case filed against the deputy director of the anti-corruption commission (ACC) has alleged that the investigation officer of the case was trying to save the government official by including managing director of...

Seven CCTVs installed in SCBA

2011-11-18 00:00:00

Supreme Court Bar Association (SCBA) Wednesday installed seven Closed-Circuit Televisions (CCTVs) aimed at providing security and stopping theft of important documents at the SCBA Bhaban, reports BSS. Of the total, five CCTV were installed at the entrance of SCBA Bhaban...

ICT takes into cognisance charges against SQC

2011-11-18 00:00:00

The International Crimes Tribunal (ICT) has taken into cognisance the charges against detained BNP lawmaker Salahuddin Quader Chowdhury (SQC) for his involvement in crimes against humanity committed during the War of Liberation in 1971. The ICT Deputy Registrar Mesbahuddin Ahmed...

3.6m children aged 7-14 yrs in employment: Report

2011-11-18 00:00:00

FE Report About 3.6 million children aged between 7-14 years are in employment which is 12 per cent of the total child labourers where boys constitute three times more the number than that of girls of the same age group,...

Razzak urges int'l bodiesto help fight disasters

2011-11-18 00:00:00

Food and Disaster Management Minister Dr Abdur Razzak has urged the international community to come forward for reduction of disaster risks in Bangladesh, reports BSS. According to a message received in Dhaka from Jakarta, the minister said the international organisations...

Thrust on accurate statistics for proper dev planning

2011-11-18 00:00:00

RAJSHAHI, Nov 17 (BSS): Speakers at a daylong divisional workshop here today expressed the view that accurate statistics is the precondition to proper development planning for actual welfare of the people. Besides, they emphasised the need for compiling accurate database...

1.4m manpower exported in three years

2011-11-18 00:00:00

Our Correspondent CHITTAGONG, Nov 17: In spite of global economic meltdown Bangladesh has sent over 1.4 million manpower both skilled and non-skilled to different countries in the last three years. During the same period 0.34 million people have been employed...

ASAUB VCexchanges viewswith EU team

2011-11-18 00:00:00

Professor Muinuddin Khan, vice chancellor of ASA University Bangladesh (ASAUB) exchanged views with Mr Milko VAN GOOL, counsellor, Head of Cooperation, European Union (EU) Delegation to Bangladesh Thursday, says a press release. Chairman of iMart International Dr M Mahmudul Hasan...

Schoolboy's death in wall collapse

2011-11-18 00:00:00

A three-member inquiry committee was formed Thursday to investigate the death of a student of Faizur Rahman Ideal Institute following a wall collapse of an under-construction building at its Banasree branch Tuesday, reports UNB. The committee, headed by director of...

DU Gha unit admission test today

2011-11-18 00:00:00

DU Correspondent Dhaka University (DU) "Gha unit" admission test (transfer unit) for first year honours courses for the academic year-2011-12 will be held today (Friday) at 10am. DU admission office sources informed that a total of 68,716 students will vie...

Housewife murdered

2011-11-18 00:00:00

Our correspondent Tangail, Nov 17: A house-wife was brutally murdered at Bottola of the Tangail municipality today (Thursday) at about 2-30pm in Tangail. The deceased was identified as Helena Begum (50), wife of Motahar Hossain of Bottola in the town....

Int'l book showat DU from Monday

2011-11-18 00:00:00

DU Correspondent An eight-day 'International book Exhibition' will begin Monday at Teacher-Students Centre (TSC) of Dhaka University (DU) to familiarise the local readers with world's renowned books.