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‘Capital market lacks fundamentals, good shares’

2010-10-02 00:00:00

Sheikh Shahariar Zaman The delay in stock market listing by state enterprises was due either to 'personal interest" or "myopic consideration', the head of a parliamentary watchdog said. AHM Mostafa Kamal, who chairs the parliamentary standing committee on the Finance...

JP Morgan's SVP calls on Muhith

2010-10-02 00:00:00

David A Weisbrod, the senior vice president (SVP) of JP Morgan, a leading financial institution of the USA, called on Finance Minister AMA Muhith at the Bangladesh Permanent Mission in New York recently, reports UNB.The meeting between the finance minister...

Indian Bajaj Group rules local motorbike market

2010-10-02 00:00:00

Jasim Uddin Haroon Motorcycles manufactured by India's Bajaj Group have attained the top position in recent years in the country's fast growing bike market beating the Hero Honda brand assembled and marketed by the state-owned Atlas Bangladesh Ltd., traders told...

Massive power grid overhaul planned

2010-10-02 00:00:00

FHM Humayan KabirThe government has taken up a major programme to upgrade the country's rickety power grid infrastructure in an attempt to boost electricity supply, officials said.Power Division officials said they have planned to install high-voltage and sophisticated transmission lines...

BMW to recall 350,000 luxury cars

2010-10-02 00:00:00

BMW has announced it will recall about 350,000 luxury cars worldwide because of a problem with brakes, reports BBC.The German firm said the recall was due to a fault with the power-braking system but the cars were not unsafe.The recall...

Recruitment test in Pabna held peacefully

2010-10-02 00:00:00

PABNA, Oct 01: The recruitment test for the posts of Junior Statistics Assistant and Statistics Assistant was held here peacefully on Friday. A total of 2,980 out of 5,615 candidates sat the examinations at six centres in the town for...

Over Tk 400 million collected from Ctg income tax fair

2010-10-02 00:00:00

CHITTAGONG, Oct 01: Regional tax officials have collected over Tk 400 million from the 5-day income tax fair that concluded on Thursday. A total of 23,502 tax payers, of whom 2107 are new, submitted returns in the last five days...

weather

2010-10-02 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).Moderately heavy to...

HC to be moved again for their immediate shifting

2010-10-02 00:00:00

Jubair Hasan Environmentalists will go to the High Court again for immediately shifting inflammable chemical warehouses from the capital's residential areas as most of them have not yet been shifted even after the government's second deadline ended Thursday.They also urged...

RHD unable to start any of its projects under ADP

2010-10-02 00:00:00

FE ReportThe Roads and Highways Department (RHD) is yet to start any of its new projects taken under annual development programme (ADP) to improve the countrywide highway network though first quarter of the current fiscal year ended Thursday.In the current...

No casualty as firemen douse Sadarghat market fire

2010-10-02 00:00:00

FE ReportFiremen managed to douse Friday a fire within an hour after it broke out at a multi-storied commercial building at Sadarghat in the capital's Kotwali area.No causalities were reported in the fire that originated at about 7:30pm at the...

'Price Cell' yet to take off

2010-10-02 00:00:00

FE ReportAn official move to establish a 'Price Cell' to help check unusual and artificial price hike of commodities in the domestic market faces bureaucratic red tape and procedural complexities, sources said.Although the authorities started the groundwork a year back...

FAO sees no more big food price spikes this year

2010-10-02 00:00:00

MILAN, Oct 01 (Reuters): The United Nations' food agency foresees no big spikes in global food prices this year after prices climbed to the highest level in 25 months in September, the Food and Agriculture Organisation's economist said.The FAO's Food...

Investors defy regulator's moves to rein in market

2010-10-02 00:00:00

FE ReportThe Dhaka Stock Exchange (DSE) continued to witness a buoyant mood for the second consecutive week that ended Thursday, defying the regulator's various moves to rein in the spiraling of stock prices.Volatility, however, dominated the week, as investors awaited...

Sugarcane crushing from October

2010-10-02 00:00:00

Sonia H MoniState-run sugar mills will start sugarcane crushing this month as they seek to almost double production of the essential commodity in 2011 financial year, the head of Sugar Corporation said.Ranjit Kumar Biswas, chairman of Bangladesh Sugar and Food...

Pakistan surrendered to India in '71: Rafique

2010-10-02 00:00:00

Days after a Jama'at-e-Islami lawyer's startling statement belittling the nation's freedom struggle, a BNP policymaker takes cue from him to claim the surrender documents from the independence war talks about the war between Pakistan and India, reports bdnews24.com."It is written...

Quader refutes BNP allegations of CJ appointment

2010-10-02 00:00:00

Awami League (AL) senior leader Obaidul Quader has given his reply to main opposition BNP's criticism on the appointment of ABM Khairul Haque as the chief justice, report agencies.The AL presidium member Obaidul Quader also urged the main opposition BNP...

More BDR patrol in CHT border, says Sahara

2010-10-02 00:00:00

RANGAMATI, Oct 1 (bdnews24.com): The government has taken initiatives to increase the number of BDR patrol personnel and check posts along the border at the Chittagong Hill Tracts.A bill aiming to restructure the border security force-Bangladesh Rifles- has already been...

AL plotting on settled issue: Jama’at

2010-10-02 00:00:00

DINAJPUR, Oct 1 (bdnews24.com): Opposition Jama’at-e-Islami says that the government was plotting over the war crimes trial issue that was 'settled 39 years ago'.Secretary General ATM Azharul Islam repeated the claim of his party that has its top-brass facing charges...

BNP starts upazila level demo

2010-10-02 00:00:00

Main opposition BNP has started arranging month-long rallies as part of its ongoing anti-government activities at the upazila-level across the country, reports bdnews24.com.Ruhul Kabir Rizvi, joint secretary general of the party, briefed reporters on the programme schedule, at a press...

Khaleda condoles death of ex-BNP treasurer Alam

2010-10-02 00:00:00

BNP Chairperson Khaleda Zia tonight expressed deep shock at the death of her party's ex-Treasurer M Shah Alam who died at about 11:15 pm Thursday, reports UNB.In a condolence message Khaleda recalled the contribution of late Shah Alam to the...

Rapid population growth threatens food security at St. Martin's

2010-10-02 00:00:00

Environmental degradations caused by rapid population growth have put food security at risk in the St. Martin's Island, according to a recent study, reports UNB.The study revealed that the major factors directly or indirectly affecting the food security of the...

BRRI celebrates 40 years

2010-10-02 00:00:00

Bangladesh Rice Research Institute (BRRI) is observing its 40th founding anniversary with enthusiasm, reports bdnews24.com.BRRI officials and employees are hosting detailed programme to observe the day Friday at BRRI premises in Gazipur.The programme includes procession, seminar, discussion session and cutting...

Weak public health system leads to infectious disease spread : WHO

2010-10-02 00:00:00

The absence of a robust public health system over the years has resulted in emergence of infectious diseases in Bangladesh and the current onslaught of endemic anthrax is a reflection of that, says the regional chief of the World Health...

Elderly population in Bangladesh: An analysis

2010-10-01 00:00:00

K.M. Mustafizur RahmanInternational Day of Older Persons -2010 is being observed today (October 1) throughout the world under the leadership of United Nations as well as in Bangladesh through different programmes to recognise the contribution of older persons and to...

Living dangerously

2010-10-01 00:00:00

Shamsher ChowdhuryTo put it mildly, the ruling party is living dangerously. The entire nation is shocked by the ongoing incident involving the civil bureaucracy- cum- administration and ruling party cadres, Chhatra League, Jubo League and a serving Minster. Despite the...

Anatomy of a political party-- BNP

2010-10-01 00:00:00

Ferdous RahmanThe country's main opposition party, Bangladesh Nationalist Party (BNP), the mainstream centre-right political one in Bangladesh, celebrated its 32nd founding anniversary early last month. Late President Ziaur Rahman founded BNP on September 01, in 1978. The party held power...

Yet another railway tragedy

2010-10-01 00:00:00

Again a tragic accident at an unguarded level crossing in Sayedabad area of the city took six lives and injured another 30 persons, eight of whom are in critical conditions. According to media reports, the level crossing here was not...

Introducing ChiNext concept to promote SMEs

2010-10-01 00:00:00

Sayed Javed AhmadAS a member of the Asia-Pacific Central Securities Depository Group (ACG) we participate every year in the Cross Training Seminar held in different member countries. Last year we hosted the seminar in Dhaka and this year it was...

The future of Iraq

2010-10-01 00:00:00

M. S. HaqueTHE American troops would completely be leaving Iraq not after sorting out its political problems or reconciling its various sectarian differences. As it is, a government could not be formed in Iraq after its elections last year. A...