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Amjad Khan elected MCCI chief, Nihad vice-president

2010-12-15 00:00:00

FE ReportMaj. Gen. Amjad Khan Chowdhury (Retd), managing director and chief executive officer, PRAN-RFL Group of Companies has been elected President of Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI) for 2011. The new executive committee of the chamber, at...

All YoungOne units start production

2010-12-15 00:00:00

Our CorrespondentCHITTAGONG, Dec 14: The YoungOne Corporation has resumed operation in all its production units in the CEPZ today after violent labour unrest that forced shut down of factories on December 11.General Manager of the CEPZ SM Abdur Rashid has...

Call rate hits 62pc on BB's liquidity cut

2010-12-15 00:00:00

Siddique Islam The inter-bank call money rate hit a record 62 per cent Tuesday as central bank cut back on liquidity support intended to keep inflationary pressure from building up.The call rate hovered from 35 per cent and 62 per...

BEPZA executive chairman withdrawn

2010-12-15 00:00:00

The government has withdrawn Bangladesh Export Processing Zone Authority's (BEPZA) executive chairman Brig Gen Jamil Ahmed Khan, three days after the violent labour unrest in Chittagong that left three people dead and many more injured. He is being replaced by...

Foreign currencies worth Tk 9.2m seized

2010-12-15 00:00:00

The Customs officials and armed police seized foreign currencies worth Tk 9.2 million from a young man at Shahjalal Int'l Airport Monday night. Police said Tushar Ahmed was travelling to Singapore with the currencies of Saudi Arabia, USA, Australia, Sweden...

$53m Saudi grant for elevated expressway

2010-12-15 00:00:00

Saudi Fund for Development (SFD) has approved 200 million Saudi Riyals for financing the construction of Dhaka Elevated Expressway (DEE). The amount is approximately US$ 53.33 million. The Cabinet on August 23 approved the route of the long-awaited elevated expressway....

Weather

2010-12-15 00:00:00

Weather is likely to remain dry with temporary partly cloudy sky over many places of Dhaka, Rajshahi, Barisal, Chittagong and Sylhet divisions and at a few places over Khulna division today (Wednesday).Light fog may occur over the river basins of...

Low gas supply hits city industries, households

2010-12-15 00:00:00

FE ReportMany parts of the capital city have been in the grip of a shrinking natural gas supply over the last few days from morning to afternoon that has hit industrial activities and household chores and refuelling of vehicles with...

Draft law on deep sea port authority ready

2010-12-15 00:00:00

Talha Bin HabibThe government has prepared a draft law on forming the 'Sonadia Deep Sea Port Authroity,' official sources said Tuesday. The Ministry of Shipping has sent the draft law to different ministries, seeking their respective suggestions. After considering the...

Deal with ADB soon for PPP technical coop

2010-12-15 00:00:00

FE ReportThe government will sign an agreement with the Asian Development Bank (ADB) soon to receive technical support from the bank needed to finalise big projects under Public-Private Partnership (PPP), officials said.The Ministry of Finance (MoF) and the Manila-based bank...

Power, tourism and transit to dominate talks with Bhutanese PM

2010-12-15 00:00:00

Doulot Akter MalaPower sector cooperation, joint tourism and transit agreement will dominate bilateral talks during the ensuing visit of Bhutanese Prime Minister in Dhaka next month.Bhutanese PM Jigme Y Thinley, chairperson of SAARC, is scheduled to arrive on January 10...

Indian Muslims challenge Ayodhya holy site ruling

2010-12-15 00:00:00

NEW DELHI, Dec 14 (AFP): A Muslim group in India on Tuesday filed a petition with the Supreme Court challenging a ruling that divided a bitterly-contested religious site between Hindus and Muslims.A lower court in September ordered that the site...

Vehicle operators for rise in goods-loading capacity

2010-12-15 00:00:00

FE ReportCommercial vehicle operators have demanded increase in the goods loading capacity of existing vehicles which will prompt the government to bear an additional Tk 450 billion in cost for road reconstruction. The operators raised the demand during an opinion-exchange...

Unadjusted income ceilings raise personal tax burden

2010-12-15 00:00:00

Dr. Aminul Islam AkandaPersonal income tax is a tax levied on the income of individuals. The government collects tax through progressive tax system that is a universal practice in the world. This system has garnered support from economists and political...

Business opportunity for students

2010-12-15 00:00:00

Ekram KabirThere was a time when college and university students, who did not want to rely on their parents or their parents couldn't support them, engaged themselves in private tuition. There were thousands of students who earned their educational expenses...

Harsh traffic laws

2010-12-15 00:00:00

FATAL road accidents do take place almost daily across the country, particularly on its highways. Thousands of lives perish and many more are maimed for life such accidents every year. Records available with the police put the total death toll...

Observance of Electricity Week 2010

2010-12-15 00:00:00

Syed JamaluddinTHE government of Bangladesh is observing electricity week for the first time from December 08 this year. News papers have brought out supplements on this occasion. The Prime Minister and other dignitaries have given messages. One of the election...

How to determine transit-transhipment fees and charges

2010-12-15 00:00:00

Manzur AhmedBangladesh-India 'Inland Water Transit Protocol' signed on March 28, 1972 for bilateral trade between the two countries provides for mutually beneficial arrangements for the use of their waterways for commerce maintaining the river routes within its territory in a...

Garbage carrying in open trucks

2010-12-15 00:00:00

It is unthinkable in most cities and countries of the world that garbage-and that too very odious-can be carried in uncovered conditions in trucks through the city's thoroughfares in day time which we see all the time in Dhaka. The...

Litmus test of democracy

2010-12-15 00:00:00

Holding periodic elections, calling into sessions a parliament and related exercises, are important to prove that a polity is getting ruled democratically. But if it could be so easy to prove that a country is being ruled democratically from only...

Preventive heath care

2010-12-15 00:00:00

The best strategy for a developing country with limited resources is spreading vital health maintenance related information among all sections of people . Thus, regular and intense official publicities need to be geared up so that people can be made...

Wednesday

2010-12-15 00:00:00

BTVam07:00 Announcement, The Holy Quran, The Holy Tripitak Paath and Programme Outline 07:20 Geet Malati07:45 Chalchitro08:00 Sakaler Sangbad08:15 Maati-O-Manush08:35 Muktijuddha Pratidin08:55 Sangbad Shironam09:00 Docu- Fire Dekha09:10 Computer09:35 Rupmoy Bangladesh10:00 News10:05 Muktijuddha Pratidin10:30 Nabo Anande Jago11:05 Nirbachito Anushthan11:30 Quiz Quiz 12:00...

Italy PM Silvio Berlusconi wins first confidence vote

2010-12-15 00:00:00

Italy's PM Silvio Berlusconi has won a vote of confidence in the Senate but must now face a second vote in the lower house, reports BBC.The vote is expected to be extremely close and if Mr Berlusconi loses, it could...

Veteran US diplomat richard Holbrooke dies

2010-12-15 00:00:00

Veteran US diplomat Richard Holbrooke has died following a second round of surgery to treat a torn aorta, reports AP.Mr Holbrooke was best-known for helping to broker the Dayton Peace agreement in 1995 which ended the Bosnian war. At the...

Nuclear policy won’t change after FM fired: lran

2010-12-15 00:00:00

TEHRAN, Dec 14 (AFP): Iran said Tuesday its nuclear and foreign policies will not change after President Mahmoud Ahmadinejad abruptly fired Foreign Minister Manouchehr Mottaki and replaced him with the atomic chief."Iran's major international policies are defined in higher levels...

Two Pak ministers sacked

2010-12-15 00:00:00

ISLAMABAD, Dec 14 (agencies): Pakistan Prime Minister Yousuf Raza Gilani sacked two cabinet ministers Tuesday for engaging in a protracted and public war of words over a corruption scandal.Gilani's office announced in a short statement that science and technology minister...

news digest

2010-12-15 00:00:00

Dutchman held over sexual abuse of 50 childrenAMSTERDAM, Dec 14: Dutch police said Sunday they had arrested a 27-year-old man on suspicion of sexually abusing up to 50 children at childcare centers in Amsterdam, and for the distribution of child...

Last days of Pak occupation in Gopalganj

2010-12-15 00:00:00

Our CorrespondentGOPALGANJ, Dec 14: Gopalganj district (then a sub-division) was freed from the Pakistani occupation army and their local collaborators on December 18, 1971,During the liberation war several fierce battles were fought against the Pakistani army and their collaborators by...

Fancy cap crafting makes them solvent

2010-12-15 00:00:00

Our Correspondent RANGPUR, Dec 14: Thousand of rural women in the monga-prone villages under Kawnia upazila of Rangpur district have become self-reliant by making fashionable 'topee' (cap) in their homesteads. About 3,500 vulnerable women are directly engaged in making stylish...

B'baria BKB holds officers'confce

2010-12-15 00:00:00

Our CorrespondentBRAHMANBARIA, Dec 14: Bangladesh Krishi Bank (BKB) held a managers' and field officers' conference of Brahmanbaria region under the bank's Comilla division on the basis of business activities of 20010-2011 financial year, at local Zila parishad auditorium, Monday.BKB General...