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Labour policy to be on website

2010-07-26 00:00:00

The country's Labour Policy 1980 would be posted on website with a view to mobilising public opinion in order to make it time befitting.This was informed at the 13th meeting of the parliamentary standing committee on Labour and Employment Ministry...

Petition for seeking steps against Jama’at leaders

2010-07-26 00:00:00

Chief Public Prosecutor Golam Arif Tipu Sunday said that they had submitted a petition to the International War Crimes Tribunal seeking appropriate steps against detained top Jama'at leaders so they could not impede investigation into the crimes against humanity committed...

SCF demands immediate trial of war criminals

2010-07-26 00:00:00

BARISAL, July 25 (BSS): Leaders of Sector Commanders’ Forum (SCF) of Divisional Coordination Committee has demanded immediate trial of the war criminals to free the nation from the stigma and build a safe and non-communal Bangladesh. They said the people...

25 Allahr Dal activists on 3-day remand

2010-07-26 00:00:00

GAIBANDHA, July 25 (UNB): Some 25 activists of banned 'Allahr Dal', arrested from a village Saturday, were brought on a three-day remand Sunday.Sadar thana police produced them before a court and sought for a 10-day remand, but Judicial Magistrate Jalal...

CGFAC students demand principal's removal

2010-07-26 00:00:00

CHITTAGONG, July 25 (BSS): Students of Chittagong Government Fine Arts College (CGFAC) Saturday staged demonstration to turn the college into a full-pledged institution and remove principal of the college.

Stock market sees steepest single-day fall in 14 years

2010-07-26 00:00:00

FE ReportDhaka stocks suffered Sunday the highest single-day fall since the 1996 crash. The unusual fall began as banks and brokerage houses started trimming their respective portfolios in line with the directives issued separately by the central bank and the...

PM directs DCs to monitor demand, supply of essentials

2010-07-26 00:00:00

FE Report Prime Minister Sheikh Hasina Sunday issued a directive to Deputy Commissioners (DCs) to monitor the demand and supply of essentials in an attempt to stem the price spike before Ramadan. The country's food stock is adequate, she said,...

Govt to issue bond against SoEs' overdue loans with Rupali Bank

2010-07-26 00:00:00

Nazmul AhsanThe government has decided to issue bond worth Tk 6.78 billion to the largely state-owned Rupali Bank Ltd soon against the money the state-owned enterprises (SoEs) and other government organisations owe to the bank, a high official in the...

SEC relaxes margin loan threshold

2010-07-26 00:00:00

FE ReportThe Securities and Exchange Commission (SEC) has set new limit for margin loans for merchant banks and brokerage houses. Under the new directive, merchant banks and brokerage houses are allowed to lend up to Tk. 100 million in margin...

Dreadful power outages back with a vengeance

2010-07-26 00:00:00

FE ReportFrequent power outages are back again ahead of Ramadan as new power plants and their units began tripping afresh leading to mounting woes of the general people, sloth in business and sharp decline in industrial output. A new unit...

Economy well on course to recovery, says MCCI

2010-07-26 00:00:00

FE ReportEconomy in the country is well on the way to recovery, even though performance of different sectors and sub-sectors remained mixed in the fourth quarter of the last fiscal year. The overall investment scenario still remains largely depressed but...

Record $2.08b foreign aid received in ’10

2010-07-26 00:00:00

FHM Humayan KabirThe government has received record US$2.08 billion foreign aid in the last financial year (2009-2010), $236 million up from the previous financial year, due to highest ever payment by the Asian Development Bank, officials said Sunday.A finance ministry...

Ctg dock workers withdraw work abstention

2010-07-26 00:00:00

Chittagong Dock Port Workers Federation (DPWF) allied with the ruling party Sunday withdrew its weeklong demonstration and work abstention, following fruitful discussion with the port authority, reports UNB.The DPWF announced withdrawal of its programme at 8pm, following a meeting with...

Bhuiyan undergoes successful operation

2010-07-26 00:00:00

Ailing politician Abdul Mannan Bhuiyan underwent a successful operation at the Square Hospital Sunday, which is expected to ease his breathing problem. He is now resting at the intensive care unit. Physician Bazlul Gani Bhuiyan said a medical team of...

Three trawlers capsize in Bay

2010-07-26 00:00:00

BAGERHAT, July 25: Three fishing trawlers capsized in Pakkhir char area at the Bay of Bengal due to bad weather last night. Crew of another nearby trawler rescued all fishermen of the trawlers. But the trawlers with goods sank into...

Traders take crucial decision to check price hike

2010-07-26 00:00:00

Our CorrespondentCHITTAGONG, July 25: Trade body leaders, food grain importers, businessmen and millers today unanimously decided to stop sale of D/O (delivery order) of consumer goods including sugar through brokers or dealers to check price hike at least for two...

HC rules over anti-money laundering law

2010-07-26 00:00:00

The High Court Sunday asked the government and the Anti-Corruption Commission (ACC) to clarify why the Money Laundering Prevention Act 2009 shouldn't be declared "unconstitutional" and "illegal,." reports UNBA division bench comprising Justice Mamnoon Rahman and Justice Syeda Afsar Jahan...

Culprits behind question paper leak identified

2010-07-26 00:00:00

An enquiry committee of the Education Ministry has identified 11 prime culprits behind the leak of government secondary school assistant teachers' recruitment test questions, reports BSS.The committee submitted the 32-page findings to Education Minister Nurul Islam Nahid at his office...

BNP protests govt actions

2010-07-26 00:00:00

Staging a big showdown in the city Sunday BNP reminded the Awami League government that oppression, police, RAB and army can't keep it in power for long, reports UNB.The rally at Muktangon was held in the afternoon to protest denial...

Govt mulling coal use thru' modern technologies

2010-07-26 00:00:00

FE ReportThe government might consider coal use exploiting modern technologies like underground coal gasification (UCG) and coal bed methane (CBM) to ensure the country's future energy security, Prime Minister's Energy Adviser Dr Tawfiq-e-Elahi Chowdury said Sunday.As the government is diversifying...

More Indo-Bangla jt venture industries being set up

2010-07-26 00:00:00

FE ReportMore factories under Indo-Bangla joint venture are being set up in Bangladesh following increasing contact between businessmen of the two countries, said Indian high commissioner Rajeet Mitter Sunday."Reports are coming in on new joint ventures agreements in such areas...

GM Quader takes temporary control of JP

2010-07-25 00:00:00

Civil Aviation and Tourism Minister Ghulam Muhammad Quader has taken temporary control of the Jatiya Party in the absence of the party chairman Hussain Muhammad Ershad, reports bdnews24.com. A press release from the party Saturday said that Ershad Saturday went...

CPB road march from Aug 1

2010-07-25 00:00:00

The Communist Party of Bangladesh (CPB) has announced a week-long road march programme from August 1 on three political issues, reports UNB.These issues are immediate arrest of war criminals and expediting their trials, resolving the crises affecting people's life and...

Police nab 25 alleged militants

2010-07-25 00:00:00

GAIBANDHA, July 24 (BSS): The police Saturday arrested 25 alleged operatives of militant Allar Dal, believed to be an offshoot of banned Jamaatul Mujahideen Bangladesh (JMB), in the district as a security campaign is underway against the extremists across the...

Govt drops Meghna, Feni EPZ projects

2010-07-25 00:00:00

Jasim Uddin Haroon The government has dropped construction of Feni and Meghna EPZ projects despite the foreign investors' demand for industrial zones in the country's exclusive areas, officials said. "The BEPZA governing body has decided to drop the Feni and...

BAPEX to drill exploratory well in Netrakona field

2010-07-25 00:00:00

FHM Humayan KabirBAPEX, the state-owned energy exploration firm, will drill exploratory well at a potential field in Sunamganj-Netrakona area next year as a preliminary survey estimates the presence of nearly two trillion cubic feet of recoverable gas there, officials said.The...

State intervention fails to stabilise sugar prices

2010-07-25 00:00:00

Monira MunniThe government's attempts to rein in prices of grocery items especially retail price of sugar appear to have fallen flat as the essential food item shows no sign of cooling off.Industries Minister Dilip Barua said the prices of sugar...

Garment exports fall last fiscal

2010-07-25 00:00:00

FE ReportExport of readymade garments fell in fiscal 2009-10 which, experts say, was due to the adverse impact of global recession.Both the Knitwear and Woven garments export to the United States of America, Germany, the Netherlands and France fell sharply,...

Govt mulls waiving of Tk 28.43b debt of BJMC

2010-07-25 00:00:00

FE ReportThe government mulls waiving of a Tk 28.43-billion outstanding debt of the state-run Bangladesh Jute Mills Corporation (BJMC) in a bid to give its ailing units a new lease of life.The Finance Minister AMA Muhith recently expressed the government's...

Govt moves to raise power supply in Ramadan

2010-07-25 00:00:00

The government has taken initiatives to ensure uninterrupted power supply during Ramadan, the prime minister's energy advisor has said. "The power stations that are now out of production due to maintenance work will commence supplying electricity before Ramadan," Tawfiq-e-Elahi Chowdhury...