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WASA awaits approval of four projects for safe water supply

Jubair Hasan | 2011-03-26 00:00:00

Jubair HasanThe Dhaka Water and Sewerage Authority (WASA) has taken up four key projects that will involve an aggregate cost of over Taka 100.00 billion, considering the growing demand for safe water, especially during the summer for over thirteen million...

No record of missing artifacts found in Nat'l Museum

2011-03-26 00:00:00

Authorities do not know how many artefacts have been stolen or gone missing from the Bangladesh National Museum, let alone recovering them, reports bdnews24.com. Director General of the museum Prakash Chandra Das said there are no statistics of the artefacts...

Govt to expand sales of subsidised rice, wheat

Sonia H Moni | 2011-03-26 00:00:00

Sonia H MoniThe government will expand the sale of rice and wheat at subsidised prices to 6.7 million ultra poor people of 4,500 unions across the country, officials said. Food Directorate head Ahmed Hossain Khan told the FE, "Earlier, the...

Renovating vulnerable level crossings

2011-03-26 00:00:00

Arafat Ara Bangladesh Railway (BR) has decided to undertake two pilot projects involving a total cost of Tk 1.48 billion (Tk 148.26 crore) to renovate several hundred vulnerable level crossings, officials said. The decision has been taken in view of...

Hasina doesn't want trial of Moeen-Fakhruddin: BNP

2011-03-26 00:00:00

Opposition BNP Friday said Prime Minister Sheikh Hasina does not want to try Moeenuddin-Fakhruddin as 'they brought her to power', reports UNB. The trial of Moeenuddin-Fakhruudin will be held in course of time, said the BNP leaders at a discussion...

BNP made gains by joining JS: Nasim

2011-03-26 00:00:00

Awami League central leader and former Home Minister Mohammad Nasim said BNP made significant gains by joining the Jatiya Sangsad (JS) that became lively and sonorous with the joint participation of members of both treasury and opposition benches, reports BSS....

Power hungry farmers gherao Rajshahi DC office

2011-03-26 00:00:00

RAJSHAHI, Mar 25 : Several thousand farmers of Poba and Godagari upazilas staged demonstration and gheraoed the DC office Thursday demanding 18-20 hours uninterrupted electricity supply to irrigate their boro fields. They also held a rally in front of the...

Independence Day today

2011-03-26 00:00:00

The nation will observe its 41st Independence and National Day today (Saturday), paying homage to the martyrs of the War of Liberation of 1971, report agencies. On this day in 1971, Father of the Nation Bangabandhu Sheikh Mujibur Rahman formally...

Where do we stand on the 40th year of our independence?

2011-03-26 00:00:00

It is the 40th anniversary of our independence. Anniversaries come and go. Let us face it, over the years we have not been able to reach the fruits of our independence to the people at large. How unfortunate that within...

Time to make our independence meaningful

2011-03-26 00:00:00

The passage of time is an amazing experience, especially so when applied to the growth of anything that is beloved to you: like, your beloved nation, your own child or a tree you had lovingly planted. It is during its...

Thoughts on Independence Day

2011-03-26 00:00:00

It is Independence Day today (Saturday). The nation celebrates the day -- its 40th anniversary of independence -- in a joyous mood amid pomp and gaiety. It achieved its independence after a long-protracted struggle for democracy, freedom and fundamental rights...

Forty years on ....

2011-03-26 00:00:00

Optimists proudly keep talking about the 'Bangladesh Paradox': that despite being one of the poorest and most densely populated countries --- with venal politics and worse governance persisting these forty years --- Sonar Bangla, since the 1990s, has been scoring...

Bangladesh Fund : Life-saving support for an ailing market

2011-03-26 00:00:00

The Finance Minister sometime ago declared that a special fund to be managed by the state-owned Investment Corporation of Bangladesh (ICB) would be created. Called the Bangladesh Fund (BF), it would aim to raise some Taka 50 billion for injection...

Implementing vision of saving rivers

2011-03-26 00:00:00

The government, as its key functionaries have been claiming, is very serious about saving the rivers of the country which seem to be on the throes of death or are losing their looks and vitality. They sound dedicated to save...

Opting for water desalination plants

2011-03-26 00:00:00

More and more countries round the world are opting for water desalination plants as a sustainable solution to their needs of water supply. The desalination plants work by separating salt from sea water and then supplying the same to various...

Dictating terms

Mahmudur Rahman | 2011-03-26 00:00:00

Mahmudur RahmanThe so-called 'leaning' syndrome on smaller states and government so that they and those who are doing the leaning can see eye to eye, has changed. The polite subterfuge has disappeared to be replaced by brash directness and disagreements...

Tax return submission rule for NRB bank sponsors may be waived

Syful Islam | 2011-03-26 00:00:00

Syful IslamThe government is considering relaxation of the condition relating to 'mandatory tax return submission' by the non-resident Bangladesh (NRB) sponsors of the proposed NRB bank, a top official of the Ministry of Finance (MoF) said Friday. Finance Minister AMA...

IMF to assess BB's safeguard system next month

FE Report | 2011-03-26 00:00:00

FE Report A delegation of the International Monetary Fund (IMF) will visit Dhaka from April 4 to April 12 to assess the safeguard mechanism of the Bangladesh Bank (BB). The team will evaluate the standards of the procedures that the...

Separate incentive policies for NBR wings on cards

Doulot Akter Mala | 2011-03-26 00:00:00

Doulot Akter MalaThe finance ministry has instructed the revenue board to frame separate policies for its three wings - income tax, value added tax (VAT) and customs - to provide incentives to the taxmen on the basis of individual performance....

NATO to enforce no-fly zone over Libya

2011-03-26 00:00:00

BRUSSELS, Mar 25 (agencies): North Atlantic Treaty (NATO) will take command of enforcing the no-fly zone over Libya following Thursday night's agreement. The organisation's Secretary General Anders Fogh Rasmussen made clear that other aspects of the operation would remain in...

Matia for new vaccine to save poultry from bird flu scourge

FE Report | 2011-03-26 00:00:00

FE Report Agriculture Minister Begum Matia Chowdhury said Friday local scientists can play an important role in innovating new vaccines for protecting the sector from bird flue considering its significant contribution to the national economy. "The scientists should invent vaccines...

Murshedy demands separate ministry for apparel sector

FE Report | 2011-03-26 00:00:00

FE ReportOutgoing BGMEA president Abdus Salam Murshedy demanded Thursday a separate ministry for the garment sector in an effort to cut red-tape affecting the country's largest industrial sector. Murshedy said garment exports from Bangladesh could lose competitive advantages and investment...

Barua emphasises raising industrial capital to boost economic growth

FE Report | 2011-03-26 00:00:00

FE ReportIndustries Minister Dilip Barua put emphasis on raising industrial capital with a view to boosting economic growth and employment generation in the country. He said for the past eight years electricity production was low. He said the present government...

Dhaka upbeat keeping Ankara at bay

Monira Munni | 2011-03-26 00:00:00

Monira MunniBangladesh has sent its arguments--post hearing submission-- in written form to the Turkish government in a desperate attempt to block Ankara from enforcing 'safeguard' duty on its apparel imports, officials said Thursday. "We hope to keep Turkey from enforcing...

Fish prices mark fresh hike in city's kitchen markets

FE Report | 2011-03-26 00:00:00

FE ReportPrices of fish witnessed a fresh hike while that of rice and edible oil maintained the high trend in the city's kitchen markets, traders said Friday. Fishermen could not catch fishes due to unfavourable weather and this had created...

14 new water buses for Dhaka circular waterway

2011-03-26 00:00:00

Bangladesh Inland Water Transport Corporation (BIWTC) is planning to add 14 new water buses soon to its existing fleet to cater to the increased passengers' demand, a senior official in the Corporation said. The total number of water buses will...

Tata Motors first to make 0.1m commercial vehicles

2011-03-26 00:00:00

JAMSHEDPUR, Mar 25 (PTI): Leading automobile company Tata Motors today became the first Indian company producing one lakh commercial vehicles in a financial year. "It is really a proud moment for the company as Tata Motors has become the country's...

Hong Kong's exports up 24.9pc in February

2011-03-26 00:00:00

HONG KONG, Mar 25 (Xinhua): Hong Kong's total exports of goods rose 24.9 per cent year on year in February to 227.8 billion HK dollars (29.2 billion US dollars), and the re-exports of goods grew 25.2 per cent from a...

Rate on 30-year fixed mortgage rises to 4.81pc

2011-03-26 00:00:00

NEW YORK, Mar 25 (AP): Fixed mortgage rates edged up this week, but even 30-year rates below 5 per cent have done little to boost home sales. Freddie Mac said Thursday the average rate on the 30-year fixed mortgage rose...

Vietnam trade deficit eases in Q1

2011-03-26 00:00:00

HANOI, Mar 25 (AFP): Vietnam's trade deficit eased slightly in the first three months of 2011, official estimates showed Friday, in a boost for the government as it battles to stabilise its troubled economy. The deficit is forecast at $3.03...