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The simple bare necessity of confidence

2011-10-31 00:00:00

Mahmudur Rahman The word 'confidence' is doing the rounds these days as the share market woes continue. It is in some ways a difficult one to define. To the small investor it's a simple case of money coming in to...

Jute goods manufacturing gets investors' greater attention

2011-10-31 00:00:00

Arafat AraThe volatile cotton yarn market is forcing many entrepreneurs to invest in the jute yarn industry as the country's jute and jute goods export reached a new height in recent years. Industry insiders said many entrepreneurs have made changes...

200 RMG units risky as labour unrest may flare up before Eid

2011-10-31 00:00:00

Syful Islam Some 200 apparel factories have been identified as risky since the administration fears that those may fail to pay wages and festival bonus before Eid-ul-Azha causing labour unrest, officials said Sunday. "Unless the dues and festival bonus are...

RMG worker killed in city Protestors ransack 15 vehicles

2011-10-31 00:00:00

FE Report Garment workers, protesting killing of one of their co-workers in a road accident, ransacked at least 15 vehicles at Shewrapara in the capital Sunday, police said. The deceased was identified as Rabu Begum (25), a worker of Akik...

Petition filed for not deploying army in NCC polls

2011-10-31 00:00:00

A petition has been filed with the High Court urging it to ask the government about its failure to ensure deployment of army in the Narayanganj City Corporation polls. The petition came up for consideration of the vacation bench of...

Make public Core Committee report on transit to India

2011-10-31 00:00:00

FE Report Leading businesses and experts suggested Sunday the use of entre-pot and re-export facility as an alternative to transit or transshipment to help grow local entrepreneurship. They expressed the view that the alternative would protect the best interests of...

Banks' deposit growth witnesses rising trend

2011-10-31 00:00:00

Siddique Islam The growth of overall deposit with the country's banking system witnessed a rising trend in recent months mainly because of higher inflow of remittances, decreasing net sales of savings certificates and sluggish stock market. Bank deposit increased by...

Ivy in the lead in NCC polls by big margin

2011-10-31 00:00:00

NARAYANGANJ, Oct 30 (Agencies): Unofficial results of Narayanganj City Corporation (NCC) election show that Mayor candidate Selina Hayat Ivy of Awami League is leading with huge majority over her nearest rival Shamim Osman who was backed by AL central leaders....

WB-BD spat won't affect other aid from Japan, says Muhith

2011-10-31 00:00:00

FE Report Finance Minister Abul Maal Abdul Muhith Sunday said the complications created with the World Bank (WB) on financing Padma Multi-purpose Bridge would not affect 'any other assistance' coming from Japan. "Ambassador of Japan to Bangladesh Shiro Sadoshima has...

Businesses to take up entre-pot trade,

2011-10-31 00:00:00

FE Report Business leaders are poised to take up entre-pot trade and re-export issues with the authorities concerned to help boost bilateral trade with India, especially its north-eastern states, some business leaders said on Sunday. A decision to utilise the...

BDT depreciating against USD due to inflation, high import bills

2011-10-31 00:00:00

Nizam Ahmed The Bangladesh currency has been depreciating against the US dollar over the past three years owing to higher domestic inflation and rising import bills, traders and bankers said on Sunday. They expect the US dollar to become pricier...

Investors take to streets as share prices nosedive again

2011-10-31 00:00:00

FE Report Investors again took to the streets at Motijheel Sunday, as share prices in the Dhaka Stock Exchange (DSE) nose-dived, despite repeated assurances by different stakeholders. The infuriated investors blockaded the road in front of the DSE building and...

NCC polls end peacefully

2011-10-31 00:00:00

NARAYANGANJ, Oct 30 (UNB): Election to the newly upgraded Narayang-anj City Corporation (NCC) Sunday ended peacefully amidst tight security with maximum turnout of voters. Mayoral candidate Khandkar Taimur Alam of BNP sprang up surprise by announcing stepping aside from the...

CEC blames govt for not deploying army

2011-10-31 00:00:00

Thanking everyone for a 'fair and peaceful' Narayanganj city polls, Chief Election Commi-ssioner (CEC) ATM Shamsul Huda has said they will hold the government accountable for not deploying army in the elections, reports bdnews24.com. "We are yet to know why...

Moudud made presentation on South Asian affairs in US

2011-10-31 00:00:00

BNP leader Barrister Moudud Ahmed, MP has made a presentation on South Asian affairs at a presidential roundtable in Washington with a focus on various prickly issues between Bangladesh and India, reports UNB. Moudud delivered a lecture titled 'South Asia:...

Sayedee's trial put on hold for three weeks

2011-10-31 00:00:00

The trial of Jama'at-e-Islami leader Delwar Hossain Sayedee for his alleged involvement in crimes against humanity during the War of Liberation in 1971 was held back for three weeks following defence counsel's objection and prosecution's failure to present its witnesses...

US govt to fund construction of 100 cyclone shelters

2011-10-31 00:00:00

FE Report The US government will fund a four year $40.5 million project to construct 100 multipurpose cyclone shelters in the disaster-prone areas of Bangladesh through US Agency for International Development (USAID). These cyclone shelters will provide accommodation to 180,000...

EU backs probe into Padma Bridge graft allegation

2011-10-31 00:00:00

FE Report The head of European Union delegation in Dhaka Sunday backed a probe into alleged graft in the Padma Bridge bidding process, cautioning that the bloc won't tolerate any corruption linked to its aided-projects. "We don't tolerate corruption in...

1 killed, 2 hurt in attack over nuptial proposal

2011-10-31 00:00:00

A minor girl was killed and her mother and another sister were injured in an attack allegedly by her cousin at Uttar Badda in the city on Sunday, reports UNB. The deceased was identified as Subarna Rani Mridha (4), daughter...

36 wards of Roxy Paints partners receive annual education expenditure

2011-10-31 00:00:00

Our Correspondent CHITTAGONG, Oct 30: Besides manufacturing paints that colour buildings, Roxy Paints has undertaken a welfare step to colour the future of meritorious children of the company partners. distribution and stipend awarding ceremony to 36 students, all children of...

weather

2011-10-31 00:00:00

Weather may remain mainly dry with temporary cloudy sky elsewhere over all the seven divisions of the country in next 24 hours until 6:00 pm today (Monday). Day temperature may remain nearly unchanged over the country, Met office said. The...

Improving the productivity of workers

2011-10-31 00:00:00

Reviewing the situation in banking sector

2011-10-31 00:00:00

Businesses showing a disinterest in taking fresh bank loans at high lending rates will hurt the future business of the banks, making it all the more difficult to expand their client base. Under the circumstances obtaining now in the country,...

Expediting the exchange of enclaves

2011-10-31 00:00:00

The enclaves in each other's territories of India and Bangladesh are a bitter legacy of the partition of India in 1947 when small strips of the Indian territories were created within Bangladesh (former East Pakistan) and similar Bangladeshi ones inside...

Population burden hinders unemployment reduction

2011-10-31 00:00:00

Over-population acts as a barrier to achieving desired economic growth in a country like ours. One may argue that it is not a problem. Rather it is a blessing if we be able to transform the country's youth into skilled...

Travails of home-bound people begin well before Eid

2011-10-31 00:00:00

As home-bound people and holiday-makers brace for yet another Eid rush on way to reuniting with their families, friends and acquaintances, the old question that keeps popping up is, why the authorities fail to manage the situation better. Bangladesh is...

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2011-10-31 00:00:00

Road accident, driving license and.. Road accidents are rising alarmingly in our country. Reasons for road accident include reckless driving, faulty road design, vehicle speed, unskilled drivers, drunken driving and even falling asleep while driving. One of the hottest topics...

Sport to you but death to us

2011-10-31 00:00:00

"This is no sport", grumbles a senior law maker in the House. He does so because of the absence of ministers in the Jatiya Sangsad (JS). In fact, not one but a number of veteran members of parliament -some of...

Anarchy in transport sector

2011-10-31 00:00:00

None, barring the transport owners and workers, would dispute the fact that the country's transport sector is in a bad shape in all respects. The situation with the roads and highways prior to the last Eid-ul-fitr had given rise to...

Price-hike continues unabated

2011-10-31 00:00:00

As prices of essential commodities are on the rise, low and fixed income group people are being forced to buy or consume less than what they usually do. Sales of certain essentials including rice, oil, sugar, flour, powdered milk, pulses...