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Warid distributes 1000 school bags to needy children

2010-11-16 00:00:00

FE ReportWarid Telecom recently distributed 1000 school bags and note books to underprivileged children of East Chandana Government Primary School at Chandra, Gazipur and Mukul Niketan Primary & High School in Mymensingh. Warid's Head of Marketing Nauman Fakhar, Zonal Business...

ADB unhappy at delay in project implementation

2010-11-16 00:00:00

FHM Humayan KabirThe Asian Development Bank (ADB) has expressed dissatisfaction at the delay in project implementation, especially in energy and communications sectors, as it has reviewed 90 ongoing projects to be bankrolled with US$ 4.53 billion, officials said Monday.Finance ministry...

2.5m Muslims begin Hajj pilgrimage

2010-11-16 00:00:00

MAKKAH, Nov 15 (Reuters): At least 2.5 million Muslims began the annual Hajj pilgrimage on Sunday, heading to an encampment near the holy city of Makkah to retrace the route taken by the Prophet Mohammad 14 centuries ago. Travelling on...

Eid-ul-Azha tomorrow

2010-11-16 00:00:00

Eid-ul-Azha, the second biggest religious festival of the Muslims, will be celebrated across the country tomorrow (Wednesday) with due religious fervor and the spirit of sacrifice, reports UNB.Well-off Muslims will sacrifice animals and share the sacrificial meat with their relatives,...

holiday notice

2010-11-16 00:00:00

The offices of The Financial Express (FE) will remain closed on November 16, 17 and 18 on the occasion of the holy Eid-ul-Azha. Therefore, there will be no issue of the paper on November 17, 18 and 19, 2010.

Eid Greetings

2010-11-16 00:00:00

The Financial Express wishes its readers, patrons and well-wishers a happy Eid.

Jail terms, fines increased for felling trees illegally

2010-11-16 00:00:00

The cabinet Monday approved The Forest (Amendment) Act, 2010 increasing jail terms from six months to three years and fines from Tk 2000 to Tk 50,000 for felling trees illegally and other forests related offences, reports BSS.Besides, the cabinet approved...

Call rate hits 25pc due to huge cash withdrawal

2010-11-16 00:00:00

FE Report The inter-bank call money rate hit 25 per cent Monday following mounting pressure on withdrawal of cash from banks ahead of the Eid-ul-Azha festival, officials said.The call rate ranged between 10.00 per cent and 25 per cent Monday,...

Bull run continues at DSE for 5th session

2010-11-16 00:00:00

FE ReportDhaka stocks continued their bullish run for the fifth straight session Monday, riding on banks and heavyweight Grameenphone (GP)."The banking stocks are soaring, as investors are rushing to take a position in the sector, expecting healthy corporate declaration after...

SEC relaxes capital requirement for cos seeking to go public

2010-11-16 00:00:00

Mohammad MufazzalSecurities and Exchange Commission (SEC) has relaxed the requirement of paid-up capital reducing it to Tk 300 from Tk 400 million for a company seeking to go public.The SEC issued a notification Sunday to this effect following a decision...

Body formed to fix transshipment fee

2010-11-16 00:00:00

FE ReportThe government has formed a committee to fix transshipment fee after considering all the relevant factors associated with it, said Foreign Minister Dipu Moni Monday.Export-import situation of the two countries, impact of Bangladesh export, marginal savings of India and...

Tanners raise prices of raw hides, skin by 50pc ahead of Eid

2010-11-16 00:00:00

FE Report The country's tanners have raised prices of raw hides and skin by 50 per ahead of the Eid-ul-Azha, beginning on November 17, after the domestic leather sector was hit by anthrax scare over the past several months.International prices...

Tk 3.0b loan for tanneries

2010-11-16 00:00:00

The government has arranged bank loans of nearly Tk 3.0 billion for the tannery industries ahead of the Eid-ul-Azha for buying hides and skin. This amount is 30 per cent more than the previous year's allocation of Tk 2.4 billion....

10 powerful bombs, gunpowder recovered

2010-11-16 00:00:00

MEHERPUR, Nov 15: The police and Rapid Action Battalion (RAB) in a special joint drive have recovered 10 powerful bombs, splinters and gunpowder at Gangni Upazila in Meherpur. Officer-in-Charge Matiur Rahman of Gangni Police Station and RAB 6 commander of...

weather

2010-11-16 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 (Tuesday). Night temperature...

Homebound people in dire straits before Eid

2010-11-16 00:00:00

FE ReportFrantic rush of homebound people on the last working day before the Eid-ul-Azha, aftermath of the BNP-called strike, and scarcity of transportation caused huge traffic jam at the city's terminals, increasing the commuters' sufferings. However, Bangladesh Railway, Bangladesh Inland...

Income tax collection grows 29pc in four months

2010-11-16 00:00:00

Doulot Akter MalaIncome tax collection grew nearly 29 per cent in the first four months of the current fiscal year over the same period in 2009-10, thanks to the impressive performance of import and higher economic activities.The National Board of...

Coordination body to oversee border haat implementation

2010-11-16 00:00:00

FE ReportThe government has formed a coordination committee to oversee the implementation of the border haat agreement signed between Bangladesh and India late last month in New Delhi, a top official in the Prime Minister's Office (PMO) said.The PMO last...

Planned DCC underpasses may botch up jam-remedial schemes

2010-11-16 00:00:00

Munima SultanaDhaka City Corporation (DCC) has taken up a plan to construct four underpasses on the city's Kazi Nazrul Islam Avenue within a one-kilometre radius, which, according to experts, may disturb metro-like traffic jam remedial projects.DCC officials said the underpasses...

Prices of spices mark rise

2010-11-16 00:00:00

FE ReportPrices of all kinds of spices including onion, cardamom, cumin, ginger and garlic marked rise ahead of Eid-ul-Azha though the sales were not at expected level, said the sellers.Retailers were selling spices and other essential food items to consumers...

Ex-military men back Khaleda

2010-11-16 00:00:00

A group of high ranking former military men, consisting mostly of BNP supporters, have dismissed the 'defamatory' allegations of the military public relations department against Khaleda Zia, reports bdnews24.com. They said the statements of the Inter Services Public Relations (ISPR)...

Eight doped, hospitalised in Ctg

2010-11-16 00:00:00

Our CorrespondentCHITTAGONG, Nov 15: Eight persons including a cattle trader were left unconscious and sent to the hospital after taking food made by their cook.The police suspect that the cook was a member of the Augyan Party now very active...

Role in equity, research and science diplomacy

2010-11-15 00:00:00

Quazi Faruque AhmedThe flag which shows a variation of the Parthenon, the ancient Greek temple located in Athens, has become familiar with the people in all continents who readily recognise it as the symbol of UNESCO. This specialised agency of...

Role of income tax in revenue administration

2010-11-15 00:00:00

Faruq Ahmad SiddiqiIncome tax has never been a talked-about subject at the national level. Even in the context of revenue administration, it had a low priority as it contributed a sluggish 15% or so of the collection made by the...

A different view about Obama's visit to India

2010-11-15 00:00:00

Sheikh Rakib UddinUS President Barak Obama's a ten-day current mission to the Asian countries, specially his sojourn in India, is considered as more politically important than economically vital for the countries concerned even during the beginning of the 21st century...

Monday

2010-11-15 00:00:00

BTVam07:00 Announcement, The Holy Quran, The Holy Tripitak Paath and Programme Outline 07:20 Geet Bitaan07:45 Aamrao Pari08:00 Sakaler Sangbad08:15 Maati-O-Manush08:35 Mukto Aalap08:55 Sangbad Shironam09:00 Docu- Fire Dekha09:10 Docu09:35 Sabar Jonno Shikkha10:00 News10:05 Muktijuddha Pratidin10:30 Protikar11:05 Banglar Lok Gaan11:30 Ranagoner Dinguli12:00...

Preparedness to access climate fund

2010-11-15 00:00:00

The visiting chief of the United Nations Development Programme (UNDP), Helen Clark, has thrown a challenge at the government of Bangladesh (GoB) by hinting that it depends much on the abilities and preparedness of GoB to get its act together...

CJ's admonitions and his desires

2010-11-15 00:00:00

Shamsul Huq Zahid The Chief Justice (CJ) ABM Khairul Haque has said in public a few unpalatable truths about a section of judicial officers that are very much in line with the impression most people have about the country's judiciary....

Poor governance has led to chaos and confusion

2010-11-15 00:00:00

Shamsher ChowdhuryWe are highly confused about the happenings around us. It is our impression that one of the major weaknesses of this government is its lack of transparency. Public at large is unaware or have no clear understanding as to...

Suu Kyi calls for talks with junta leader

2010-11-15 00:00:00

YANGON, Nov 14 (AP): Myanmar democracy leader Aung San Suu Kyi, freed from seven years of house arrest, told thousands of wildly cheering supporters Sunday that she would continue to fight for human rights and the rule of law in...