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Distributorship to replace notorious 'DO' system

2010-11-13 00:00:00

The government plans to introduce distributorship system for selling food items scrapping the traditional 'Delivery Order' (DO) mechanism to stop 'syndication' and prevent unusual price hike of essential commodities, a top official in the commerce ministry said.The proposed distributorship will...

Asian Games open amid fireworks, water show

2010-11-13 00:00:00

GUANGZHOU, Nov 12 (AP): Light beams, fireworks and water jets exploded from the banks of the Pearl River as China marked the opening of the 16th Asian Games in southern city Guangzhou, two years after dazzling the world with a...

Top mobile makers lose out to small players

2010-11-13 00:00:00

The world's top cellphone makers are losing out to small players in Bangladesh market as cheaper prices have lured users to switch over to non-brand handsets.Positions of US-based Motorola, LG, Sony Ericsson, a joint venture of Japan and Sweden, slipped...

G-20 refuses to back US push on China's currency

2010-11-13 00:00:00

SEOUL, Nov 12 (AP): Leaders of 20 major economies on Friday refused to endorse a US push to get China to let its currency rise, keeping alive a dispute that has raised the specter of a global trade war.At the...

BB advises 7 banks to minimise credit risks

2010-11-13 00:00:00

Siddique IslamBangladesh Bank has asked seven commercial banks to ensure due diligence before providing loans, particularly in large amount, officials said.The instructions were given to the banks, which have higher credit growth than deposit, at separate meetings held last week...

Transit fees should be used to facilitate trade: Mashiur

2010-11-13 00:00:00

Sheikh Shahariar ZamanTransit or transshipment fees should not be seen as a tool to augment revenue collection; rather it should be used for facilitating trade, Economic Affairs Adviser to the Prime Minister Dr Mashiur Rahman told the FE, referring to...

Sale of sacrificial animals gaining momentum

2010-11-13 00:00:00

Sale of sacrificial animals at the city's makeshift markets is gathering momentum with thousands of such animals arriving on the eve of Eid-ul-Azha, the second biggest religious festival of the Muslims.Cattle traders hoped that they would be able to recover...

PDB floats bids for 4 coal-fired power plants

2010-11-13 00:00:00

The government has invited bids from global players to build four coal-fired power plants as IPPs to generate up to 1,900 megawatts (mw) of electricity to diversify its energy sources and mitigate electricity crisis.State-owned Bangladesh Power Development Board (BPDB) floated...

UNDP to help Dhaka in preparation of population database

2010-11-13 00:00:00

The United Nations Development Programme (UNDP) is willing to assist Bangladesh in its National Population Registration (NPR) aiming to include the country's total population into a database system, reports UNB.UNDP administrator Helen Clark expressed the willingness when she paid a...

Two snatchers killed in Savar shootout

2010-11-13 00:00:00

SAVAR, Nov 12: Two alleged snatchers were killed in a gunfight with RAB on Jirabo Dewan Idris road near Morning Glory School under Ashulia thana early Friday. Identity of the deceased could not be known. Sources said while on patrol...

Two teenagers attempt suicide, one dies

2010-11-13 00:00:00

Tarana Shirin Jenny (18) and her friend Tania Sultana Tanisha (18) tried to commit suicide by taking poison at Keya-Priya Female Students' Hostel in city's Malibagh area early Friday. Jenny died on way to Dhaka Medical College Hospital at 6am...

Academic feat of Bangladeshi student

2010-11-13 00:00:00

A Bangladeshi student obtained the highest marks in one subject-Human and Social Biology-in Cambridge GCE O & A Level Examinations in 2009-10 session. Aleef Al-Amin of Oxford International School (OIS) in Dhaka attained this academic feat in O level. —...

Weather

2010-11-13 00:00:00

Light to moderate rain or thundershowers accompanied by temporary gusty or squally wind is likely to occur at many places over Dhaka, Rajshahi, Barishal, Chittagong and Sylhet divisions and at a few places over Khulna division today (Saturday).Weather may remain...

Weak medicine

2010-11-13 00:00:00

It now appears to be a consistent phenomenon. A life lost due to apparent negligence on the part of physicians at a private hospital and the ire taken out on the institution premises. Whether those arrested (obviously the physicians in...

Auto re-investment in wage earners' bonds to be reintroduced

2010-11-13 00:00:00

The government is set to re-introduce auto re-investment facilities for three saving tools for wage-earners following requests from the non-resident Bangladeshis and significant fall in investment of the remitters. Finance Minister AMA Muhith recently instructed the Internal Resources Division (IRD)...

Dhaka-Tashkent jt trade commission to be formed

2010-11-13 00:00:00

Bangladesh will form a joint commission on trade with Uzbekistan with a view to finding barriers to trade expansion between the two countries and how to remove the obstacles.Uzbek Deputy Prime Minister and Foreign Economic Minister Ganiyev E Majidovich made...

Tannery relocation unlikely before 2012

2010-11-13 00:00:00

The relocation of Hazaribagh tannery cluster to Savar would take another two years to complete in a delay that could further swell its costs, the new project head said. Md. Mahbubur Rahman, project director of Tannery Estate of Dhaka, said...

Record-breaking run continues amid regulator's warning

2010-11-13 00:00:00

The Dhaka Stock Exchange (DSE) experienced bullish mood for the eighth straight week that ended Thursday.The banks, the market's bellwether, dominated the week as the sector accounted for 41.60 per cent of the total turnover and its share prices gained...

India's ‘yes’ over travel time, visa counter in Dhaka

2010-11-13 00:00:00

India has agreed to reduce the travel time of Dhaka-Kolkata Moitree Express at its part and introduce a visa counter for railway passengers at its mission in Bangladesh.India's positive response came when the Bangladesh Railway put forward a number of...

Removal of cargo from sunken ship starts

2010-11-13 00:00:00

CHITTAGONG, November 12: Initial rescue operation for the sunken coastal ship started today after its owner assigned a firm to remove its cargo.Port officials said offloading of chick pea from the shipwreck started in the morning at the initiative of...

Turkish PM due today

2010-11-13 00:00:00

Turkish Prime Minister Recep Tayyip Erdogan and his spouse Madame Emine Erdogan arrive in the city today on a two-day visit to Bangladesh, reports BSS. This will be the second high-level tour by a Turkish leader after the visit of...

Strengthening organisational capacity to reach fruits of dev to people stressed

2010-11-13 00:00:00

Prime Minister (PM) Sheikh Hasina has urged her party's grassroots-level leaders to strengthen the organisational activities with a view to reaching the fruits of development works to the doorsteps of the people, reports UNB."We have to reach the fruits of...

Helen Clark meets Khaleda, Dipu Moni

2010-11-13 00:00:00

Visiting UNDP Administrator Helen Clark laid emphasis on the continuation of Bangladesh's progress in education and health sectors.Clark appreciated the tremendous and exemplary achievements made in education sector, particularly in female education and in health sector of Bangladesh during the...

TH Khan slams AG's statement on Khaleda’s cantt house

2010-11-13 00:00:00

BNP Chairperson Khaleda Zia's Principal Counsel Advocate TH Khan has slammed Attorney General (AG) Mahbubey-Alam for his remark on cantonment house, reports bdnews24.com.He said, "The statement by the attorney general is not true. He is trying to create sensation over...

Police nab six outlaws

2010-11-13 00:00:00

PABNA, Nov 12 (UNB): Six regional leaders of banned Purbo Banglar Communist Party (ML-Janajuddha) were arrested from Kristapur field in Ataikula thana early Thursday.The arrested persons were identified as Rafiqul Islam alias Kancha Rafiq (37) of village Bhulbaria, Monsur Ali...

Rohingya refugees on voter list

2010-11-13 00:00:00

The Cox's Bazar deputy commissioner (DC) has requested the Election Commission (EC) to review the district's voters list, fearing almost 10 per cent people on the list are Rohingya refugees, reports bdnews24.com.Rohingyas are minority Muslims from the Arakan state of...

Digital topographic map to save Tk 3.74b per annum

2010-11-13 00:00:00

Digital topographic map, which is now under preparation, can save at least Tk 3.74 billion (374 crore) in a year, according to a recent study of Survey of Bangladesh (SoB), the national surveying and mapping agency, reports BSS.The study said...

Public awareness can help halt repression on women

2010-11-13 00:00:00

Nipa is the second among six children of her parents. Her father runs a small hotel. She was wedded to a man in Dhaka and he got engaged in their business, reports BSS. Before the marriage, Nipa's father sent all...

S Korea to help install solar panel in JS

2010-11-13 00:00:00

FE ReportSouth Korea will help Bangladesh parliament install solar system to supply green energy and ease pressure on national electricity grid.The project will also help enhance the mutual cooperation between the Korean National Assembly (KNA) and Bangladesh parliament, Lee Jung...

DU hall honours martyred freedom fighters

2010-11-13 00:00:00

DU Correspondent Dhaka University (DU) authority paid due respect to the Sergeant Zahurul Haque Hall's freedom fighters by setting up their portraits at the hall entrance.Some six student and two staff of the hall sacrificed their lives during the liberation...