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Time value of money in Islamic finance

2011-05-08 00:00:00

issue in the first of his two-part article.To justify interest, it has now-a-days been a common phenomenon to raise the issue of time value of money or the change of purchasing power of money over a period of time. Consequently...

Commercial banks sanctuary for small investors

2011-05-08 00:00:00

Md Azadur Rahman KhanThe country is passing through a crucial period following the stock market scam. Rising inflation rate, higher import payment against lower remittance growth, and widening gap between lending and deposit have become major challenges. In order to...

The launch of BF

2011-05-08 00:00:00

The much-hyped Tk. 50-billion open-ended mutual fund, the Bangladesh Fund (BF), came into operation last Thursday. The fund was conceived in a hurry by the policymakers to boost the investors' morale in a plunging market hit by a scam having...

Chemical warehouses in city

2011-05-08 00:00:00

It is a matter of disappointment as well as concern that the old city and its adjoining areas are yet to be freed from the warehouses of explosives and chemicals despite government order to relocate those from the congested localities....

What is WASA doing?

2011-05-08 00:00:00

In Dhaka hundreds of high rise buildings and multistoried flats have been constructed. But there is no coordination of work and planning between WASA and RAJUK. As a result the sufferings of the people due to acute shortage of water...

Save local printing presses

2011-05-08 00:00:00

The article "Printing of textbooks: The government in a dilemma" published in a daily on 4 May 2011 has drawn my attention. The incumbent government is reluctant to save and enhance the local printing presses. Dependency on Indian printing press...

AL-BNP clash 25 hurt, four houses looted in Magura

2011-05-08 00:00:00

MAGURA, May 7 (UNB): At least 25 people were injured as rival union parishad (UP) member candidates, backed by Awami League (AL) and BNP, clashed at Kalinagar village in Sreepur Upazila from Friday night to Saturday morning. Supporters of BNP-backed...

4.6m use illegal drugs in country

2011-05-08 00:00:00

Nearly 4.6 million (46 lakh) people in the country use illegal drugs as Bangladesh is the most vulnerable for drug abuse and its illicit trafficking due to its geographic and strategic location, according to Department of Narcotics Control (DNC). DNC...

weather

2011-05-08 00:00:00

Rain or thundershowers accompanied by temporary gusty or squally wind is likely to occur at a few places over Khulna, Barisal and Chittagong divisions and at one or two places over Rajshahi, Rangpur, Dhaka and Sylhet divisions in next 24...

Murder incidents rising in Bangladesh

2011-05-08 00:00:00

FE ReportBangladesh has witnessed an 11 per cent increase in murder incidents in April 2011 compared to the number recorded in the previous month, Democracywatch said. The non-government human rights watchdog in a statement issued Thursday said a total of...

weather

2011-05-08 00:00:00

Rain or thundershowers accompanied by temporary gusty or squally wind is likely at a few places over Dhaka, Barisal and Chittagong divisions and at one or two places over Khulna, Rajshahi, Rangpur and Sylhet divisions in next 24 hours till...

Project execution on hold as Delhi yet to clarify procurement disputes

2011-05-08 00:00:00

FHM Humayan KabirThe government agencies have failed to begin implementation of the projects under the Indian US$ 1.0 billion credit as Delhi hasn't come up with clarification on the procurement disputes that have emerged, despite Dhaka's plea, officials said. Officials...

India begins celebrating Tagore 150th anniv events

2011-05-08 00:00:00

NEW DELHI, May 7 (AFP): India began celebrations on Saturday to mark the 150th anniversary of the birth of iconic poet and playwright Rabindranath Tagore, the first Asian to win the Nobel Prize for literature. Prime Minister Manmohan Singh launched...

Crunch time

2011-05-08 00:00:00

Mahmudur RahmanThe hike in fuel prices has to be the first time that any government has been able to get it through without literally any protests. Perhaps it was because the blow had been softened by careful prior notice and...

Phone call led to Laden's death

2011-05-08 00:00:00

It seemed an innocuous, catch-up phone call. Last year Abu Ahmed al-Kuwaiti, the pseudonym for a Pakistani known to US intelligence as the main courier for Osama bin Laden, took a call from an old friend, reports bdnews24.com. Where have...

No amendment to constitution without referendum: BNP******

2011-05-08 00:00:00

BNP has reiterated that the party will not accept the Constitution if it is amended without referendum. BNP standing committee member Khandaker Mosharraf Hossain said this at a discussion on 'Misrule of the present government and violation of human rights'...

BD budget deprives urban children: UN

2011-05-08 00:00:00

Munima SultanaUrban children who are orphans, work in factories or stay on the streets have been neglected most in the Bangladesh government's budget every year, a United Nations study said Saturday. The study titled 'Investing in Vulnerable Children' shows that...

China spreading its riches to every corner of world

2011-05-08 00:00:00

Fazle RashidNEW YORK, May 7: Multinational companies in last three decades have invested billions of dollars in China helping it create a fairy tale story about the most remarkable economic booms in history. China is now ready to return the...

AL-BNP clash 25 hurt, four houses looted in Magura

2011-05-08 00:00:00

MAGURA, May 7 (UNB): At least 25 people were injured as rival union parishad (UP) member candidates, backed by Awami League (AL) and BNP, clashed at Kalinagar village in Sreepur Upazila from Friday night to Saturday morning. Supporters of BNP-backed...

4.6m use illegal drugs in country

2011-05-08 00:00:00

Nearly 4.6 million (46 lakh) people in the country use illegal drugs as Bangladesh is the most vulnerable for drug abuse and its illicit trafficking due to its geographic and strategic location, according to Department of Narcotics Control (DNC). DNC...

weather

2011-05-08 00:00:00

Rain or thundershowers accompanied by temporary gusty or squally wind is likely to occur at a few places over Khulna, Barisal and Chittagong divisions and at one or two places over Rajshahi, Rangpur, Dhaka and Sylhet divisions in next 24...

Murder incidents rising in Bangladesh

2011-05-08 00:00:00

FE ReportBangladesh has witnessed an 11 per cent increase in murder incidents in April 2011 compared to the number recorded in the previous month, Democracywatch said. The non-government human rights watchdog in a statement issued Thursday said a total of...

weather

2011-05-08 00:00:00

Rain or thundershowers accompanied by temporary gusty or squally wind is likely at a few places over Dhaka, Barisal and Chittagong divisions and at one or two places over Khulna, Rajshahi, Rangpur and Sylhet divisions in next 24 hours till...

Shipping gives annual $8b boost to B'desh

2011-05-08 00:00:00

Pankaj Dastider CHITTAGONG, May 7: The country's shipping business is growing rapidly as dozens of privately owned ships have joined the Bangladesh flag over the last two years, earning as much as US$7-8 billion a year. Between June 2009 and...

Save lone diamond factory from extinction, urge artisans*****

2011-05-08 00:00:00

Badrul AhsanCountry's lone diamond cutting, polishing and jewellery manufacturing factory is facing crisis due to apathy of the government to rationalize tariffs on import of rough diamonds and to provide incentives against exports, industry sources said. Due to absence of...

BD to be destination for Indian investors : IBCCI

2011-05-08 00:00:00

FE ReportThe three-day Indo-Bangla Trade Fair 2011 came to an end Saturday amid hope to establish Bangladesh as an investment destination for the Indian investors. "The fair has opened a new horizon of exporting Bangladeshi products to India. Also the...

SME Foundation stresses women entrepreneurship

2011-05-08 00:00:00

SME Foundation Chairperson Aftab ul Islam stressed the need for developing women entrepreneurship in the country and enhancing their skills through various programme. In a male-dominated society women should get opportunities so that they can make their own fortune," Islam...

No amendment to constitution without referendum: BNP******

2011-05-08 00:00:00

BNP has reiterated that the party will not accept the Constitution if it is amended without referendum. BNP standing committee member Khandaker Mosharraf Hossain said this at a discussion on 'Misrule of the present government and violation of human rights'...

BD budget deprives urban children: UN

2011-05-08 00:00:00

Munima SultanaUrban children who are orphans, work in factories or stay on the streets have been neglected most in the Bangladesh government's budget every year, a United Nations study said Saturday. The study titled 'Investing in Vulnerable Children' shows that...

China spreading its riches to every corner of world

2011-05-08 00:00:00

Fazle RashidNEW YORK, May 7: Multinational companies in last three decades have invested billions of dollars in China helping it create a fairy tale story about the most remarkable economic booms in history. China is now ready to return the...