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Jamuna TV wins right to appeal, but not to air

2010-10-06 00:00:00

Despite permission for appeal, Jamuna Television cannot resume transmission as the Appellate Division did not stay the High Court (HC) order, reports bdnews24.com.

APUB holds EGM

2010-10-06 00:00:00

The Association of the Private Universities of Bangladesh (APUB) held an extraordinary general meeting (EGM) in the city recently, said a press release.Chairman of the association and former adviser to the Caretaker Government CM Shafi Sami presided over it.Among others,...

Drone strike kills 8 Germans in Pakistan

2010-10-06 00:00:00

ISLAMABAD, Oct 05 (agencies) A suspected US drone strike killed eight militants of German nationality in northwest Pakistan Monday, Pakistani intelligence officials said.They died when two missiles from a suspected CIA pilotless aircraft struck a mosque in Mirali in North...

Former Tamil Tiger rebels taste freedom after 16 months

2010-10-06 00:00:00

In a rare interview, a former member of Sri Lanka's defeated Tamil Tiger (LTTE) rebels has been speaking to the BBC about his feelings on being released from 16 months of government detention and rehabilitation programmes, reports BBC.Dr Kumarasamy Muralitharan...

Japan, China agree to improve ties despite row

2010-10-06 00:00:00

BRUSSELS, Oct 05 (Reuters): Japanese and Chinese leaders held their first meeting Monday since a diplomatic feud flared over a collision at sea last month, and agreed to start high level talks to repair their relations.Japan's Prime Minister Naoto Kan...

Militants plan attacks on oil sea transport hubs: Russia

2010-10-06 00:00:00

MOSCOW, Oct 5 (AFP): Militant organisations are planning attacks against infrastructure around key maritime oil transport hubs like the Suez Canal and Straits of Hormuz, a top Russian official said Tuesday. Nikolai Patrushev, secretary of the Russian national security council,...

Australia warning over possible Europe attacks

2010-10-06 00:00:00

SYDNEY, Oct 5 (AFP): Australia Tuesday updated travel advice for more than 30 European countries after the United States warned of a possible Al-Qaeda-linked plot to attack tourism hotspots. The foreign affairs department revised bulletins for countries across the continent...

Nepal police block vote by Tibetan exiles

2010-10-06 00:00:00

KATHMANDU, Oct 5 (AFP): Armed police have blocked thousands of Tibetan exiles in Nepal from voting for a new government-in-exile by forcibly seizing ballot boxes, police and activists said. Witnesses said police stormed three separate voting centres in the Nepalese...

news digest

2010-10-06 00:00:00

Ecuador raises pay of police,military after rebellion QUITO, Oct 5: Ecuador's President Rafael Correa raised police and military salaries Monday just days after a police uprising over a law scrapping police bonuses. Correa announced the pay hikes the same day...

Companies defy NBR order on VAT deduction at source

2010-10-06 00:00:00

Doulot Akter MalaThe National Board of Revenue (NBR) has found a massive non-compliance of its order on collection of VAT (value added tax) at source that might cause nearly Tk 5.0 billion shortfall in projected revenue collection in the current...

HC declares SEC's rejection of AIMS rights, bonus offer illegal

2010-10-06 00:00:00

FE ReportThe High Court (HC) has declared illegal the securities regulator's decision to reject the rights and bonus offers of AIMS First Mutual Fund. A HC division bench comprising Justice Mamnoon Rahman and Justice Syeda Afsar Jahan Tuesday gave this...

Mutual funds shine following HC verdict

2010-10-06 00:00:00

FE ReportShare prices on the main bourse increased for the ninth straight session Tuesday with the benchmark index passing 7300-mark for the first time, driven by banks and mutual funds.Mutual funds sector shined on the day after news that the...

Shakib stuns Kiwis Morale-boosting win for Tigers

2010-10-06 00:00:00

Shakib Al Hasan shone with bat and ball to help Bangladesh to a morale-boosting win over New Zealand in a rain-curtailed one-day international Tuesday, reports AFP.Shakib hit 58 off 51 to steer the hosts to a competitive 228 all out...

Food price volatility and market intervention

2010-10-06 00:00:00

Shamsul Huq Zahid The prices of major daily consumables have been rising for the last few weeks. The increase comes in contrast to a relatively stable price situation during the last holy month of Ramadan. A leading Bengali daily quoting...

Signing of MoU with US oil giant this week

2010-10-06 00:00:00

M Azizur RahmanThe government is set to sign a memorandum of understanding (MoU) with the US oil giant ConocoPhillips to undertake seismic surveys in the prospective deep water offshore blocks, officials said Tuesday.State-owned Petrobangla is now holding talks with ConocoPhillips...

Russian-born scientists share Nobel prize in physics

2010-10-06 00:00:00

STOCKHOLM, Oct 5 (AP): Two Russian-born scientists shared the Nobel Prize in physics on Tuesday for "groundbreaking experiments" with the thinnest, strongest material known to mankind - a carbon vital for the creation of faster computers and transparent touch screens....

Port users wary of measures against CPA

2010-10-06 00:00:00

Our CorrespondentCHITTAGONG, Oct 4: The first meeting of the port users' monitoring committee on Chittagong Port came down heavily on the CPA for its poor handling of containerised cargo over the months.It made 9-point recommendations to the port authority and...

Biman to begin Hajj flights Oct 8

2010-10-06 00:00:00

Biman Bangladesh Airlines, the national flag carrier is all set to begin the Annual Hajj flights from October 8. Biman has been operating the annual hajj flights since 1973 -- just one year after it came into existence. The airline...

Govt to import 1.65m tonnes of urea

2010-10-06 00:00:00

The government will import 1.65 million tonnes of urea this year to meet the shortfall of the fertiliser, parliamentary standing committee on industries ministry Tofael Ahmed said Tuesday. "The country has a demand of 2.8 million tonnes but it is...

Registrations of 585 NGOs cancelled this year

2010-10-06 00:00:00

Registrations of 585 non-government organisations (NGOs) have been cancelled in the current year, the agriculture minister has told the parliament. Since 1990 the NGO Affairs Bureau under the Prime Minister's Office cancelled registrations of 641 NGOs, including 585 in the...

Weather

2010-10-06 00:00:00

Light to moderate rain or thundershowers accompanied by temporary gusty or squally wind is likely at a few places over Rajshahi, Rangpur, Dhaka, Khulna, Barisal, Chittagong and Sylhet divisions in next 24 hours till 6:00 pm today (Wednesday). Day temperature...

Jewellers revise gold price upward

2010-10-06 00:00:00

FE ReportBangladesh Jewellers Association (BJA) has revised the gold price upward as the price hike of the precious metal continues on the international market.The price has increased by about Tk 700 per 'bhori' in all three categories of gold and...

Dynasty Group's three units closed sine die

2010-10-06 00:00:00

FE ReportDynasty Group authorities Tuesday suspended production of its three units at Ashulia industrial area for an indefinite period following the workers' violence over hiking wage rate of per piece of sweater.On Monday, nearly 4,500 workers of the factories at...

Four wells in Salda, Fenchuganj gas fields to be developed

2010-10-06 00:00:00

FE ReportThe government would develop four wells in Salda and Fenchuganj gas fields to produce nearly 70 million cubic feet (mcf) of gas per day from next year to feed the energy-based industrial concerns in Chittagong belt, officials said Tuesday.The...

India to send rice to Bangladesh soon: Pranab

2010-10-06 00:00:00

NEW DELHI, Oct 5 (BSS): Indian Finance Minister Pranab Mukherjee has said the shipment of rice to Bangladesh would start as soon as possible. "India honours its commitment... we have always extended the hand of cooperation to Bangladesh in time...

Four 'Z' category cos sent to OTC market

2010-10-06 00:00:00

FE ReportThe Securities and Exchange Commission (SEC) Tuesday directed the Dhaka Stock Exchange to de-list four 'Z' category companies from the main bourses and send them to over-the-counter (OTC) market.The SEC's order will come into effect from October 20 next.The...

Food prices rising amid currency frictions: WB

2010-10-06 00:00:00

WASHINGTON, Oct 5 (AFP): Recent rises in food prices are once again weighing on some developing countries amid growing global currency frictions, World Bank president Robert Zoellick said yesterday. "For many developing countries, the food crisis of 2008 has never...

World Street financial executives keen to invest in Bangladesh

2010-10-06 00:00:00

Financial executives, who are working at different financial organisations in the World Streets in USA, expressed their keen interest to invest in Bangladesh, report agencies.They expressed their interest when a delegation of the financial executives met with Finance Minister Abul...

ICB AMCL discloses NAV of 10 mutual funds

2010-10-05 00:00:00

ICB Asset Management Company Limited (AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), has disclosed the Net Asset Values (NAV) of its 10 mutual funds, according to a press release.ICB AMCL First Mutual Fund: The total NAV of ICB...

Govt urged to keep CNG stations open

2010-10-05 00:00:00

CNG auto-rickshaw owners have urged the government to withdraw its decision of keeping CNG stations closed for six hours a day, days after the CNG stations owners threatened an indefinite strike on similar grounds, reports bdnews24.com.Aslam Ali, president of the...