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Finance ministry to clear off BJMC loans

2010-11-01 00:00:00

Nazmul AhsanThe Ministry of Finance (MoF) has decided to clear off all the outstanding principal loans worth about Tk 31 billion of Bangladesh Jute Mills Corporation (BJMC) it owes to four state-owned banks. The ministry, however, has cancelled a recent...

Railway launches Chattala Express today

2010-11-01 00:00:00

FE ReportBangladesh Railway (BR) launches two new train services today aiming to meet the growing demand of passengers.Communication Minister Syed Abul Hossain is expected to inaugurate the new train from Kamlapur station in city. The new trains named Chattala Express...

NBR pledges to continue package VAT for small traders

2010-11-01 00:00:00

FE ReportThe National Board of Revenue (NBR) assured Sunday the businessmen of continuing the package VAT system to promote small entrepreneurs.The assurance came in a meeting between Customs, excise and VAT commissionarate of Dhaka south and small businesses. The meeting...

Rice sale thru' fair price card re-starts today

2010-11-01 00:00:00

FE ReportThe government will re-start selling rice through fair price card across the country from today (Monday) for the poor people.There are 1.11 million fair price card holders including 80,000 in Dhaka who will get the facility to buy rice...

Ansar dominates, 23 new records set in national swimming

2010-11-01 00:00:00

An encouraging 23 new national records were set in the four-day Walton 24th National Swimming championship that concluded Sunday at the National Swimming Complex in city's Mirpur with clear domination by Bangladesh Ansar, reports UNB.Sonia Akhter of Ansar emerged as...

Siddikur believes he can attain American dream

2010-11-01 00:00:00

Siddikur is now dreaming of playing in the PGA Tour after finishing in a commendable tied 11th place at the inaugural CIMB Asia Pacific Classic, Malaysia Sunday, reports BSS. Siddikur became the first Bangladeshi to win on the Asian Tour,...

GM Zia, Niaz win on day one in Berger chess

2010-11-01 00:00:00

Grand Master Ziaur Rahman and Niaz Murshed won their first round matches on the inaugural day of the Berger Six Seasons Grandmasters Chess Tournament-2010 held at the Tulip Lounge of Uttara Club in the city Sunday, reports BSS.

ICC dismisses Pak cricketers' appeal

2010-11-01 00:00:00

DUBAI, Oct 31 (AFP): The International Cricket Council (ICC) Sunday rejected the appeals of Pakistan cricketers Salman Butt and Mohammad Aamer against suspensions for spot-fixing.The two, along with fast bowler Mohammad Asif, were provisionally suspended by the ICC over allegations...

Difficulties in driving in Dhaka city

2010-10-31 00:00:00

S. M. Nasimul HaqueDISCIPLINED driving does not seem possible in Bangladesh any more. Those who ply the roads do not also realize the implications of not driving in orderly fashion or conduct themselves in a fashion which will not cause...

Justice delayed is justice denied: A review of 1996 stock market scam

2010-10-31 00:00:00

A.F.M. Mainul AhsanSamuel D. Waksal, founder and former CEO of the biopharmaceutical company ImClone Systems, which developed the drug Erbitux, was arrested on June 12, 2002 on insider trading charges. On October 15, he pleaded guilty to charges of securities...

Farm sector reforms

2010-10-31 00:00:00

The agriculture sector has always been in the national limelight because of its important role in the economy. This sector was the largest contributor to the economy long ago. But over time it has been pushed back to the third...

Taking advantage of India's economic boom

2010-10-31 00:00:00

Moazzem HossainHow can Bangladesh take the best of benefits out of its bilateral cooperation with India, now an emerging power, notwithstanding the latter's nagging problems of 'laggard' regions in its north-east and a growing challenge of the so-called Naxalites (or...

Proper road maintenance essential

2010-10-31 00:00:00

Habibul Hasan ROADS are considered to be vital for the economy's growth and development. Roads are at the heart of marketing or distribution activities in any economy. Transportation costs of goods are very important in determining the competitiveness of different...

LNG holds out early solution

2010-10-31 00:00:00

It may take four or five years or even more to explore and exploit coal and effectively diversify the energy basket. Even if the government starts in earnest to explore the off-shore resources it will take at least seven to...

Say "NO" to Eve-Teasing

2010-10-31 00:00:00

Eve-Teasing has become so common that it is making everyone fearful. Some even want capital punishment for the torturers or life sentence! At the same time the victim or her family should be compensated financially, which to be paid by...

Islamist parties: to ban or not to ban

2010-10-31 00:00:00

We are surprised and we fail to understand that only a few days ago our Prime Minister Sheikh Hasina said that Islamist parties won't be banned. But on October 24, 2010 we the news media quoted our Law Minster Barrister...

A valiant teacher who died protesting Eve-teasing

2010-10-31 00:00:00

Md. Usman AhmaddyEve-teasing, also known as stalking, is the harassment of women and usually takes place in public transport, streets, offices and public places. It has become a menace and growing by leaps and bounds to alarming proportions in recent...

Tips on handwriting for the JSC candidates

2010-10-31 00:00:00

Dear Junior School Certificate (JSC)-2010 candidates, please take our greetings. Your examination is going to start on November 4, 2010. We hope your preparation for the exam is almost complete. We assume you are optimistic about making good result in...

Essay competition for young thinkers at EWU

2010-10-31 00:00:00

The prize giving ceremony of the Essay Writing Competition for Young Thinkers-2010 was held at the East West University auditorium on Friday, 29 October.Professor Dr. Muzzafar Ahmed, noted educationist and former chairman of Transparency International Bangladesh was present as the...

Sunday

2010-10-31 00:00:00

BTVam07:00 Announcement, The Holy Quran, The Holy Tripitak Paath and Programme Outline 07:20 Geet Mallay07:45 Chir Shilper Bari08:00 Sakaler Sangbad08:30 Maati-O-Manush08:55 Sangbad Shironam09:00 Docu- Fire Dekha09:10 Baithok Khana09:35 Mone Pore10:00 News10:05 Muktijuddha Pratidin10:30 Sustho thakun11:05 Progotir Pathe11:30 Natun Sure Natun...

Nikkei hits seven-week closing low, breaches key support

2010-10-31 00:00:00

TOKYO, Oct 30 (Reuters): Japan's Nikkei average fell 1.8 per cent to a seven-week closing low Friday as disappointing earnings hit shares of companies such as Sharp, with downward momentum accelerating after the index breached a key technical support level.Investors...

Kiev, Moscow sign uranium deal

2010-10-31 00:00:00

KIEV, Oct 30 (Commodity Online): "This is very important for us because it is a great step to the closed nuclear fuel cycle in our country," Ukrainian Energy Minister Yuriy Boyko was quoted by Russia's state-run news agency RIA Novosti...

Sensex ends Oct with loss

2010-10-31 00:00:00

MUMBAI, Oct 30 (Reuters): The benchmark index of the Bombay Stock Exchange (BSE) posted its first monthly decline in five months, but closed 0.5 per cent higher Friday, propped up by a late surge in ICICI Bank, which soared after...

AIG unit expands HK IPO

2010-10-31 00:00:00

HONG KONG, Oct 30 (AP): The Hong Kong listing of AIG's Asian unit, which aims to raise funds for repaying US federal bailout loans, has been expanded to $20.5 billion.AIA Group Ltd said in a statement late Friday it increased...

Australia to cash in on foggy wheat market next year

2010-10-31 00:00:00

CANBERRA, Oct 30 (Commodity Online): World's seventh largest wheat producer, Australia is all set to cash in on foggy global wheat market next year, according to Macquarie Bank Limited. Speaking at the Southern Farming Systems' AgriFocus field, Alex Bos, commodity...

Global cotton supply crunch, India farmers hold stocks

2010-10-31 00:00:00

NEW DELHI, Oct 30 (Commodity Online): Cotton prices in the global market are spiraling abruptly due to restricted supply driven by estimated production fall in China and Pakistan. Floods that hit in the last month have almost washed away the...

Gold rallies to end while oil eases in New York

2010-10-31 00:00:00

NEW YORK, Oct 30 (Commodity Online): Oil prices eased while gold futures rallied at close for the weekend Friday. New York's main contract, light sweet crude for December delivery, fell 75 cents to close at $81.43 a barrel while Brent...

Malaysian palm oil shows no sign of relief, hits two-year high

2010-10-31 00:00:00

KUALA LUMPUR/MUMBAI, Oct 30 (Commodity Online): Palm oil prices in the key growing area, Malaysia is not showing any sign of cooling down as the fresh spell of rains has disrupted harvesting process causing a reduction in the supplies joined...

Silver touches peak on festive demand, global cues

2010-10-31 00:00:00

NEW DELHI, Oct 30 (PTI): Silver prices zoomed to hit a new peak of Rs 37,500 per kg in the national capital today on sustained buying by retail customers for upcoming Diwali festival amid a firm overseas trend. Silver surpassed...

US gets Chinese assurance on rare earths

2010-10-31 00:00:00

BEIJING, Oct 30 (Commodity Online): In an attempt to boost its tarnished image over rare earths exports to needy countries, world's largest rare earths producer, China Saturday assured the US of enough supply of the commodity. During a meeting with...