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Local govt bodies urged to gear up tax collection

2010-12-02 00:00:00

FE ReportExperts, academics and elected representatives Wednesday called for amending certain local government (LG) laws to help raise internal resources, which can in turn speed root-level development.They also underscored the need for proper functioning of the elected local government bodies...

WB approves $150m IDA credit

2010-12-02 00:00:00

The World Bank (WB) Tuesday approved a US$ 150 million IDA credit to Bangladesh to create employment opportunities for the extreme poor in rural areas during the lean season and monga period, reports UNB.One-third of the employment opportunities will benefit...

UK-Australia to share visa application centres

2010-12-02 00:00:00

The UK Border Agency and Australia's Department of Immigration and Citizenship will share the current UK visa application centres in Dhaka and Sylhet from December 5, reports UNB. Customers who wish to apply for UK and Australian visas will attend...

Founder President of the United Arab Emirates

2010-12-02 00:00:00

President of the United Arab Emirates

2010-12-02 00:00:00

Vice President, Prime Minister and Ruler of Dubai

2010-12-02 00:00:00

Message

2010-12-02 00:00:00

Assalamu Alaikum wa Rahmatullahi wa BarakatuhuIt is a great pleasure that we are observing today the 2nd December 2010 the 39th anniversary of the establishment of the United Arab Emirates. By the grace of Almighty Allah and sagacious leadership of...

The 39th National Day Report

2010-12-02 00:00:00

As the seven-member federation of the United Arab Emirates celebrates on 2nd December the 39th anniversary of its establishment in 1971, it can look back on a year of continued achievement, both at home and in terms of its relationships...

BB raises CRR to contain inflation

2010-12-02 00:00:00

Siddique Islam The central bank raised the cash reserve requirement (CRR) by five basis points to 6.0 per cent for the commercial banks Wednesday to curb inflationary pressure on the economy. Under the new rules, the commercial banks will have...

PM seeks more Japanese aid to help attain MDGs

2010-12-02 00:00:00

TOKYO, Dec 1 (UNB): Prime Minister Sheikh Hasina Wednesday called for increased Japanese assistance to help Bangladesh attain the Millennium Development Goals (MDGs)."Our progress on Millennium Development Goals is largely due to Japan's support. To achieve the MDGs (by Bangladesh),...

DSE CEO resigns

2010-12-02 00:00:00

FE ReportDhaka Stock Exchange (DSE) Chief Executive Officer (CEO) Satipati Moitra Wednesday resigned from his post on health grounds, officials said. DSE President Shakil Rizvi confirmed the news about Satipati's resignation but said his letter of resignation was yet to...

Strategies for effective way-out of LDC status

2010-12-02 00:00:00

Shahiduzzaman KhanBangladesh has otherwise enormous potentials to become a middle-income country sooner rather than later. But its efforts over the years to graduate to this category of countries from its present status as a least developed country (LDC) have not...

WTO body rejects EU move to grant GSP to Pakistan

2010-12-02 00:00:00

Nazmul AhsanThe Council meeting of the World Trade Organisation (WTO) has rejected the move of the European Union (EU) to offer Generalised System of Preference (GSP) facility to Pakistan for 75 of its export items.The rejection came following opposition to...

Minister's motorcade comes under attack

2010-12-02 00:00:00

SHERPUR, Dec 1 (UNB): Motorcade of State Minister for Water Resources Mahbubur Rahman came under attack by miscreants and 15 people, including Police Superintendent, were injured in a clash in Sadar upazila Wednesday.Local sources said after visiting Brahmaputra flood protection...

Banks shine as DGEN reaches a new high

2010-12-02 00:00:00

FE ReportThe benchmark index of the Dhaka Stock Exchange (DSE) reached Wednesday the all-time high level, driven mainly by banks.The market started with a bullish sentiment that persisted until the end of the trading session on the day, as the...

Removal of deterrents to FDI stressed

2010-12-02 00:00:00

FE ReportDiscussants at a seminar on Wednesday said the country's image crises; corruption and inadequate supply of power and energy need to be addressed immediately to lure both local and foreign direct investment (FDI).The discussants, both from local and foreign...

Miners continue strike for sixth day

2010-12-02 00:00:00

DINAJPUR, Dec 1: Miners of Maddhyapara Granite Mining Company Ltd (MGMCL) in Parbotipur Upazila are continuing their indefinite strike for the sixth consecutive day today (Wednesday).Meanwhile, villagers of the hard-rock mine area aligned themselves with the movement expressing full support...

Girl commits suicide in city

2010-12-02 00:00:00

A teenage girl has allegedly committed suicide in Shahjahanpur area of the city. The deceased, identified as Sadia Bin Tanur (17), was a first-year student of Khilgaon National Ideal College. So far, the reason behind the suicide could not be...

Weather

2010-12-02 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 (Thursday).Light fog may occur over the river basins of...

Khaleda's contempt petition dismissed

2010-12-02 00:00:00

The 18-month legal battle over the much-talked about BNP chairperson Khaleda Zia's Dhaka Cantonment house came to an end as the Supreme Court Wednesday dismissed her contempt of court petition against the government following her eviction, reports UNB."The petition is...

BTRC submits draft policy to ministry

2010-12-02 00:00:00

FE ReportBangladesh Telecommunication Regulatory Commission (BTRC) Tuesday submitted a draft policy on licence renewal of four leading mobile operators to the Ministry of Posts and Telecommunications.The leading mobile phone operators are Grameenphone, Banglalink, Robi and Citycell, whose licence and frequency...

Edible oil price still high

2010-12-02 00:00:00

Talha Bin HabibEven after fixation of price of loose edible oil by the government, a section of unscrupulous traders were charging arbitrary price for the item. The government has fixed the price of a litre of soybean oil at Tk...

BB extends time for banks to Dec 31

2010-12-02 00:00:00

FE ReportThe Bangladesh Bank (BB) is set to extend the deadline by one more month for formation of subsidiary companies by commercial banks, which is compulsory for merchant banking operation. According to the extended timeframe, commercial banks have to form...

Govt set to launch new type of trade replacing DO from Jan

2010-12-02 00:00:00

FE Report The government is set to introduce a new trading system in the country's commodity market from January next scrapping the age-old delivery order (DO) method amid fears that prices might be 'distorted' more in the new method.The government...

‘Regional connectivity is of immense importance’

2010-12-02 00:00:00

FE ReportExperts from Bangladesh, India, Nepal and Bhutan sat in a regional conference Wednesday in an effort to formulate a plan of action for integrated transport connectivity in the region.Communications Minister Syed Abul Hossain inaugurated the two-day conference at a...

Management of Hajj

2010-12-01 00:00:00

Syed JamaluddinHajj is the greatest event in the life of a Muslim. Tawaf around the Baitullah and 'ziyarat' of the shrine of the prophet are unique religious performances. During hajj, millions of people perform these rites and say their prayers...

What impedes impact of HIV/AIDS intervention plan

2010-12-01 00:00:00

Habiba Tasneem ChowdhuryEvery year, countries, private and public sectors, professional and business organisations, media and academia across the world express their solidarity with the World AIDS Day on December 1 pledging renewed impetus on reducing stigma and discrimination and concentrating...

Eurozone crisis creates a silver lining for US SME importers

2010-12-01 00:00:00

Diane WangCurrently, the Chinese currency -- RMB -- is informally 'pegged' to the US dollar at a rate of about 6.8 and this undervaluation was arguably causing trade imbalances between the US and China. The argument goes something like this:...

Fresh snow spreading across much of UK

2010-12-01 00:00:00

LONDON, Nov.30 ( agencies): Fresh snow has been falling across many parts of the UK, bringing disruption to some areas not previously affected.Some 2-5cm of snow fell across much of England and Wales overnight. The snow has eased in Scotland...

Fighters scream aloft as US- S Korea stage show of strength

2010-12-01 00:00:00

ABOARD THE USS GEORGE WASHINGTON, Nov 30 (AFP): Jet fighters roared off the deck of this massive carrier Tuesday as the US and South Korean navies staged their biggest joint exercise yet-a show of strength against North Korea.The 97,000-ton USS...