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Bourses make strong plea for 'undisclosed' money whitening

2011-05-23 00:00:00

FE ReportThe country's two bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- made strong pleas on Sunday for allowing the opportunity for whitening "undisclosed" money through investment in the stock market for another year. Furthermore, they...

Tk 5.0b in arrear income tax with four SoEs worries NBR

2011-05-23 00:00:00

Doulot Akter MalaFour state-owned entities owe nearly Tk 5.0 billion in income tax to the National Board of Revenue (NBR) which has emerged as an additional challenge to the latter in its mission to achieve a higher target in the...

Subsidies, debt-servicing to emerge as major challenges

2011-05-23 00:00:00

Mushir Ahmed The ministry of finance (MoF) is giving a final touch to the budget for the next fiscal, keeping the overarching need for maintaining macro-economic stability into consideration. With subsidy bills getting weightier in the wake of global fuel...

Japan wants to construct Meghna, Gumti bridges

2011-05-23 00:00:00

Munima SultanaJapan and China have come up to help the Bangladesh government to construct new bridges over the Meghna and Gumti rivers on the Dhaka-Chittagong highway, said officials. The officials said a total of six big bridges and overpasses over...

Import of reconditioned cars drops significantly

2011-05-23 00:00:00

Jasim Uddin Haroon The import volume of used (reconditioned) cars has declined over the past five months since January last by nearly 43 per cent, a port source told the FE. Imports dropped to 8000 during January -May this year...

RMG exporters for development of backward linkage industry

2011-05-23 00:00:00

Talha Bin Habib The country's readymade garments (RMG) exporters are opposed, at this stage, to allowing foreign direct investment (FDI) to the sector, fearing that it might create an uneven competition in the garment industry. The exporters recommended for development...

RAJUK files case against engineer, owner of Impulse Medical College

2011-05-23 00:00:00

FE ReportRajdhani Unnayan Katripakkha (RAJUK) filed a case against owner and engineer of under-construction Impulse Medical College and Hospital a day after pilings of the concrete structure collapsed injuring four people, police said. Mahakhali zone officer of the city development...

News Watch

2011-05-23 00:00:00

PC approves ADP for next fiscal The Planning Commission (PC) okayed Sunday a Tk 460 billion annual development programme (ADP) for fiscal year 2011-12, officials said. The PC finalised the next year's development budget at a meeting held at the...

weather

2011-05-23 00:00:00

Rain or thundershowers accompanied by temporary gusty or squally wind is likely at a few places over all the seven divisions in next 24 hours till 6.0 pm today (Saturday). Moderately heavy falls at places are also likely, Met office...

BNP urges president to dissolve parliament

2011-05-23 00:00:00

BNP Chief Whip Zainul Abdin Farroque has urged President M Zillur Rahman to give mid-term election by dissolving parliament before the constitution amendment, reports bdnews24.com. "The current parliament is dysfunctional. So, we urge President M Zillur Rahman to dissolve it...

JS session

2011-05-23 00:00:00

Present govt recruited 52,000 primary teachers so far Since assumption of office in January 2009, the present government so far has recruited 52,000 primary teachers for the development of primary education in the country, reports BSS. "Of the teachers, 10,000...

Haris Chy to be implicated: investigator

2011-05-23 00:00:00

Former prime minister Khaleda Zia's Political Adviser Haris Chowdhury has links with the August 21, 2004 grenade attack, the chief investigator in the case has said, reports bdnews24.com. Special police superintendent of the Criminal Investigation Department (CID) Abdul Kahhar Akand...

Dr Zahid of DAB arrested

2011-05-23 00:00:00

Members of Detective Branch (DB) of Dhaka Metropolitan Police arrested Dr Zahid, an advisor to BNP Chairperson Khaleda Zia and secretary general of Doctors` Association of Bangladesh (DAB) in Moghbazar area in Dhaka Sunday evening. DB sources said they arrested...

BNP's demo across country tomorrow

2011-05-23 00:00:00

BNP will stage countrywide demonstrations tomorrow (Tuesday) to press for its demands, including lifting of false cases filed against its chief Khaleda Zia, her two sons Tarique Rahman and Arafat Rahman Koko and party general secretary Mirza Fakhrul Islam Alamgir...

BNP activists moved with Hasina's magnanimity in Canada

2011-05-23 00:00:00

In a rare display of personal magnanimity, Prime Minister (PM) Sheikh Hasina talked to opposition BNP activists, who assembled in front of her hotel in Toronto, Canada Saturday afternoon (local time) to stage a demonstration, reports BSS. PM's Press Secretary...

Khaleda reaches NY

2011-05-23 00:00:00

NEW YORK, May 22 (bdnews24.com): BNP Chairperson Khaleda Zia has reached New York ending her week-long visit to London. She touched down at John F Kennedy International Airport at 3pm Saturday (local time) by a Virgin Atlantic Airlines flight. America-Bangladesh...

Siddique remark is govt statement: Sahara

2011-05-23 00:00:00

Home Minister Sahara Khatun has said Prime Minister's Defence Adviser Tarique Ahmed Siddique's remarks on Limon Hossain, who was reportedly shot by RAB, and his father are indeed government statement, reports bdnews24.com. Sahara Khatun Sunday also said such remarks, however,...

One bill, one ordinance placed in JS

2011-05-23 00:00:00

Aingata Sahayata Pradan (amendment) Bill 2011 and Dhaka Elevated Expressway Project (land acquisition) Ordinance-2011 were placed in the House Sunday, reports BSS. Aingata Sahayata Pradan (amend) Bill 2011 has been placed in the House with a view to making the...

UPDF leader's body recovered .

2011-05-23 00:00:00

RANGAMATI, May 22 (bdnews24.com): Police have recovered the body of UPDF leader Animesh Chakma, who was killed in a gunfight at Barkal Saturday. Barkal police Sub-Inspector Mohammad Idris said they had recovered the body from Kaptai Lake, adjacent to the...

Indefinite transport strike begins in 4 southern districts

2011-05-23 00:00:00

BAGERHAT, May 22 (UNB): Inter-district transport owners' association and transport workers' union jointly started an indefinite strike on all routes in four southern districts of the country from Sunday morning demanding ban on plying of illegal vehicles like Nosiman and...

17 LDP men sent to jail in a murder case

2011-05-23 00:00:00

Our CorrespondentCHITTAGONG, May 22: A Chittagong court has sent 17 leaders and activists of LDP including upazila chairman of Chandanaish to jail as they surrendered in a murder case. The lawyers of the accused prayed for their bail but the...

Govt's plan to take over Dhaka Vegetables Oil in a bid

2011-05-23 00:00:00

Asaduzzaman PallabThe government is planning to take over Dhaka Vegetables Oil in a bid to stabilise the soybean market by terminating the recent rampant price hike of the product. Currently owned by a private entrepreneur, Dhaka Vegetables has been shut...

President for making media more pro-people***

2011-05-23 00:00:00

President M Zillur Rahman Sunday gave directives to Minister for Information and Cultural Affairs Abul Kalam Azad to take efforts for making the country's print and electronic media more people-oriented, reports BSS. "Make print and electronic media more people-oriented so...

Two textile mills fined Tk 5.0m in anti-pollution drive

2011-05-23 00:00:00

Our CorrespondentCHITTAGONG, May 22: Two textile mills in Kalurghat heavy industrial area in the city have been fined Tk five million on charges of polluting the Karnafuli river water through discharging industrial waste. Director of Environment (enforcement and monitoring) Magistrate...

HC asks govt to stop forced labour

2011-05-23 00:00:00

The High Court (HC) Sunday asked the government to put an end to forced labour of any kind, especially in brickfields, reports UNB. Passing the interim order upon a Public Interest Litigation (PIL) writ petition, a division bench headed by...

VCs vow to produce quality graduates, raise higher edn to int'l standard

2011-05-23 00:00:00

The vice-chancellors of public universities have expressed firm determination to produce quality graduates and post graduates from respective universities and have decided to set up higher education complex for raising the country's higher education to international standard. This was voiced...

Four JU students expelled for Eve-teasing

2011-05-23 00:00:00

JAHANGIRNAGAR UNIVERSITY, May 22 (BSS): Four students of Jahangirnagar University (JU) were expelled Sunday for one year from the university for harassing female students. The expelled students are Mohammad Nurunnabi Nabin of Economics Department, Mohammad Mirazul Islam of International Relations...

Heavy shower disrupts civic life in Ctg

2011-05-23 00:00:00

CHITTAGONG, May 22 (BSS): Moderate to heavy rainfall for the second consecutive day today disrupted civic life and business activities in Chittagong city. Nearly half of the city went under water. At the same time, most of the district experienced...

Ctg mayor trapped in puddles

2011-05-23 00:00:00

Our CorrespondentCHITTAGONG, May 22: City Mayor M Monjur Alam was trapped in rain water submerged areas for sometime as he went to see the plight of city dwellers at Reazuddin Bazar and Tinpole following heavy showers. The mayor was stuck...

UGC asked to strengthen monitoring to ensure quality higher edn

2011-05-23 00:00:00

President M Zillur Rahman has laid emphasis on ensuring quality higher education at minimum cost especially at private universities. The President made the observation when newly appointed chairman of the University Grants Commission (UGC) Prof AK Azad Chowdhury called on...