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Achieving desired economic growth

2011-10-22 00:00:00

Ahmed Showkat MasudAchieving desired economic growth is not an easy task for the government when the country's economy has been witnessing a high inflationary pressure as well as the global economy has been presenting a gloomy picture. Ongoing global economic...

Of Messi and rejuvenation of our football

2011-10-22 00:00:00

Md Mahfuzur Rahman SiddiqueTuesday, the 6th September, 2011 marked the advent of a very significant moment in the long history of football in Bangladesh. On this day the much awaited football match Argentina vs Nigeria was played in the almost...

Mushfiq keeps Tigers on track

2011-10-22 00:00:00

CHITTAGONG, Oct 21 (UNB): Mushfiqur Rahim's captain knock kept Bangladesh on track when the hosts scored 255 for 4 in 91 overs against West Indies at stumps on first day of the first Test of Walton two-match Test Series at...

City, United ready for Manchester 'clasico'

2011-10-22 00:00:00

LONDON, Oct 21 (AFP): Manchester may not yet be, as a local newspaper columnist recently declared, "the football capital of the world." But for 90 minutes at Old Trafford Sunday, it will certainly feel like it. A global audience of...

Pakistan strike even as Sangakkara resists

2011-10-22 00:00:00

ABU DHABI, Oct 21 (Cricinfo): Pakistan made up for their fielding lapses in the morning with three strikes after lunch leaving Kumar Sangakkara's century as the only positive for Sri Lanka, and his continued presence their only hope of somehow...

Youth HockeyDhaka reach final

2011-10-22 00:00:00

Dhaka DSA moved into the final of the Southeast Bank 22nd National Youth Hockey Championship crushing Chittagong DSA by 4-0 goal in the first semi-final at the Maulana Bhashani National Hockey Stadium in the city Friday, reports UNB. Rajon put...

3rd seed Bartoli takes winning start at Moscow

2011-10-22 00:00:00

MOSCOW, Oct 21 (AFP): Frenchwoman Marion Bartoli, third seed at the 1.5-million-dollar joint ATPWTA Kremlin Cup tournament, advanced into the last eight with a straight-set win over Russia's Ksenia Pervak here Thursday. The 27-year-old Bartoli, who needs to win the...

Draft jute policy could be placed soon for cabinet approval

2011-10-22 00:00:00

Talha Bin Habib The new Jute Policy-2011 is likely to be placed before the Cabinet soon for its approval, officials said. "We are going to place the draft jute policy before the Cabinet at the earliest after addressing two queries...

EU considers wielding $1.3T to break debt impasse

2011-10-22 00:00:00

BRUSSELS, Oct 21 (Bloomberg): European governments may unleash as much as 940 billion euros ($1.3 trillion) to fight the debt crisis, seeking to break a deadlock between Germany and France that is forcing leaders to hold two summits within four...

Power Tube plans to build two assembling plants in BD

2011-10-22 00:00:00

FE ReportPower Tube International has recently signed a joint venture partnership with Kuldip Singh, CEO of Power Tube Bangladesh, to provide pollution-free electrical energy across the Indian sub-continent, using local renewable resources. Mr Singh was selected for this joint venture...

weekly currency round upOctober 16 to 20, 2011Standard Chartered Bank

2011-10-22 00:00:00

The local call money market rates hovered around 8.25 per cent-15 per cent. The market liquidity remained similar throughout the past week, according to a press release. The inter-bank rates of US dollar Bangladesh taka stood similar in range during...

Govt blames WB for putting Padma Bridge project tender on hold

2011-10-21 00:00:00

FE ReportThe government has blamed the World Bank for putting the Padma Bridge project tender process on hold, saying there is no valid ground on suspension of its funding, considering the record of transparency, honesty and pace of the works...

Gaddafi killed, Sirte falls to NTC

2011-10-21 00:00:00

SIRTE, Oct 20 (AFP): Toppled dictator Moamer Gaddafi was killed Thursday in a final assault by new regime forces on the last pocket of resistance in his hometown Sirte, sparking wild joy and celebratory gunfire across Libya. "We announce to...

Malaysia offers assistance for Padma Bridge

2011-10-21 00:00:00

Malaysia has offered the government to provide assistance for the much-talked-about Padma Multipurpose Bridge Project on easy terms, reports UNB. The preliminary offer came from the visiting Special Envoy of the Malaysian government, Dato Sri S Samy Vellu when he...

Bangladesh demoted in keyWB Doing Business gauge

2011-10-21 00:00:00

FE ReportBangladesh has been downgraded by four notches in a key World Bank annual "Doing Business" gauge as acute power crisis has weighed heavily on the country's overall investment and business climate. The development lender placed Bangladesh at 122 among...

Banks to invest in stock market from next week

2011-10-21 00:00:00

FE ReportThe apex body of the country's bankers - Association of Bankers, Bangladesh (ABB) - has decided to make investment in the stock market from next week to help stabilise its situation in the light of the suggestion of the...

HC extends deadline for GP to settle issues

2011-10-21 00:00:00

FE Report The High Court Thursday issued an order of status quo on the telecom regulator's notice claiming Tk 30.34 billion as outstanding dues, effectively suspending its operation pending hearing of an appeal filed by Grameenphone (GP), said a GP...

Hearing on power tariff hike proposal deferred

2011-10-21 00:00:00

Bangladesh Energy Regulatory Commission (BERC) postponed public hearing on power tariff hike proposal, and decided to issue a show-cause notice against the managing director of Dhaka Electric Supply Company (DESCO), asking him to explain his absence at the hearing. The...

Speaker for combined efforts to further flourish democracy

2011-10-21 00:00:00

Speaker of the Jatiya Sangsad Abdul Hamid Advocate Thursday made a fervent appeal to all concerned irrespective of their political beliefs to pursue combined efforts for healthy flourishment of democracy in the country, reports BSS. "Democracy is continuously flourishing around...

BNP against Dhaka split

2011-10-21 00:00:00

Opposition BNP Thursday alleged the government decision to split Dhaka City Corporation (DCC) into two is a bid to delay its election sensing the ruling party's defeat, reports UNB. Accusing the ruling party of playing foul BNP acting Secretary General...

Christian leaders demand return of vested properties

2011-10-21 00:00:00

Leaders of Bangladesh Christian Association (BCA) Thursday demanded return of vested properties to the owners or their heirs belonging to Christian and other communities by passing the 'Vested Property (Return) Act' at the Jatiya Sangsad. The leaders raised the demand...

32 Jama'at-shibir men on 36 hours remand

2011-10-21 00:00:00

CHITTAGONG, Oct 20 (BSS): A Chittagong Court today granted a 36-hour remand to 32 Jama'at-Shibir men including former MP Jama'at leader Shah Jahan Chowdhury. Metropolitan magistrate Mahbubur Rahman granted the remand prayer as the police sought for a 7-day remand...

Dhaka didn't get any shareof climate change fund

2011-10-21 00:00:00

FE ReportLocal experts and officials Thursday denied the claim of the developed countries that they had already disbursed $ 30 billion climate fund to the climate-vulnerable countries when Bangladesh did not get any share. Speakers at a national level dialogue...

CCC, CDA to coordinate dev schemes

2011-10-21 00:00:00

Our CorrespondentCHITTAGONG, Oct 20: Chittagong Development Authority(CDA) and Chittagong City Corporation (CCC), both responsible for infrastructure development of the port city, have finally found a way through which they can both advance their development projects in a concerted way. The...

Bangladesh Urban Forum launched

2011-10-21 00:00:00

FE ReportThe country's first ever urban platform - Bangladesh Urban Forum (BUF) - was officially launched Thursday to facilitate participation, coordination and promotion of sustainable urban development to ensure that cities and towns work for all. An announcement to this...

USAID officials arrive tomorrow

2011-10-21 00:00:00

Paul Weisenfeld, Assistant to the Administrator for the Bureau of Food Security, United States Agency for International Development (USAID), and Dina Esposito, Director of the Office of Food for Peace, USAID, will arrive in Dhaka tomorrow (Saturday), reports UNB. During...

Cocktails recovered from IG Prisons office premises

2011-10-21 00:00:00

Police recovered two cocktails from the office premises of the Inspector General (Prisons)'s in the city's Chawkbazar area on Thursday, reports UNB. Police said the two cocktails were found abandoned on the backyard of the IG (Prisons) office at about...

Occupy Wall Street now a global movement

2011-10-21 00:00:00

After triumphing in a standoff with the city authorities over the continued protest in Wall Street at Liberty Square in Manhattan's financial district, the Occupy Wall Street (OWS) movement has spread worldwide with demonstrations in over 1,500 cities globally and...

People's power vs nuclear power

2011-10-21 00:00:00

This was the headline of a column published in the October 17 issue of a local English daily. It caught my eye and provoked me to write about it. In my view, these two powers are different-one is moral, the...

Alternative medicare must be holistic and bona fide

2011-10-21 00:00:00

Some 467 'fourth class employees' working under the government's 'alternative medicare project,' as gardeners, tending an equal number of plots to grow medicinal plants, are reportedly getting promoted to the next rung as 'medical assistants.' This is as good as...