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Journalists' help sought to execute Rangpur dev work

2010-07-20 00:00:00

A CorrespondentRANGPUR, July 18: The officials of Rangpur Division organised a views exchange meeting with local journalists for the first time Sunday with a view to gearing up development activities of the new Division.The meeting was held at the Divisional...

BB aims to squeeze private sector credit on inflation fear

2010-07-20 00:00:00

FE Report The central bank unveiled its first half-yearly monetary policy for the current fiscal year Monday to achieve inclusive economic growth through strengthening financial position while keeping inflationary pressure under control."The monetary policy will be maintained on a growth...

PM wants pharma's patent waiver for another 15 yrs

2010-07-20 00:00:00

FE Report Prime Minister Sheikh Hasina Monday urged the global patent watchdog to give another 15 years' waiver of Bangladeshi drugs for complying with the intellectual property rights regime.The waiver, which helped boom the local generic drug production, is set...

Citigroup identifies 3 factors to keep CPI inflation within 6.5pc

2010-07-20 00:00:00

FE Report The US-based Citigroup has identified three key risk factors which need reckoning to keep the Consumers' Price Index (CPI) average inflation within 6.5 per cent during the current fiscal year. The key risks include trends in gas, fuel,...

DGEN hits new high on fresh fund flow

2010-07-20 00:00:00

FE ReportThe benchmark index DSE General Index (DGEN) hit a new high Monday following inflow of fresh fund to the market.The market opened with a strong note climbing steadily at close as the investors bet on banking, leasing, power and...

Govt to ride roughshod, BTRC wings clipped

2010-07-20 00:00:00

FE ReportThe parliament (JS) Monday passed Bangladesh Telecommunication (Amendment) Bill, 2010 clipping wings of BTRC and strengthening grip of the government over the telecom sector.Telecommunications minister Mohammad Rajiuddin Ahmed Raju piloted the bill and it was passed in voice vote.The...

Official team set to visit Brussels next week

2010-07-20 00:00:00

FE ReportAn official team, led by commerce secretary Md Ghulam Hussain, is scheduled to visit Brussels next week with a view to convincing the European Union (EU) officials concerned to lift the recent stringent testing requirement imposed on shrimp consignments...

Cabinet okays tough environment law

2010-07-20 00:00:00

The cabinet with Prime Minister Sheikh Hasina in the chair Monday gave a final approval to the proposed Environment Court Act, suggesting five years of imprisonment or Taka 0.5 million penalty or both as part of an intensified campaign against...

Tk 3.36m looted from Akij Co vaults

2010-07-20 00:00:00

NARAYANGANJ, July 19: A daring robbery was committed at local sales office of Akij Corporation at Madaninagar in Siddhirganj thana Saturday night. Police and locals said that Tk 3.36 million (33.67 lakh) was looted from two vaults of the office,...

Telecom secy, BTRC chief served contempt rule

2010-07-20 00:00:00

The High Court (HC) has asked telecoms Secretary Sunil Kanti Bose and Bangladesh Telecommunications Regulatory Commission (BTRC) chief Zia Ahmed why they should not face contempt of court charges for ignoring a court order. They have four weeks to come...

Anti-rabies vaccine, Dry fish menace

2010-07-20 00:00:00

Khalilur RahmanThe production of anti-rabies vaccine by the government remains suspended for the last three months. The vaccine is administered in injection form to a person after dog bite to prevent hydrophobia. The vaccine was so long produced in the...

SEC forms probe body to dig into dubious sale of placement share

2010-07-20 00:00:00

FE ReportThe Securities and Exchange Commission (SEC) formed an inquiry committee Monday to look into the activities of those persons or organisations, who had been involved in 'unethical activities' in the name of private placement.The committee-forming ensued following the detection...

61 dead in India train crash

2010-07-20 00:00:00

SAINTHIA, July 19 (AFP): A speeding express rammed into the back of a stationary passenger train in eastern India on Monday, killing more than 60 people and leaving 165 injured, many of them in critical condition.The standing train was waiting...

Generation capacity of Ghorashal power plant reduced to half

2010-07-20 00:00:00

FE ReportA fire incident has forced the country's largest Ghorashal power plant to shed half of its total generation capacity worsening the country's overall electricity supply situation, officials said.The fire on Sunday damaged a turbine of the 950 mw Ghorashal...

AL sends letter to Khaleda for nominee's name

2010-07-20 00:00:00

The ruling Awami League (AL) has asked BNP to nominate its representative to the all-party parliamentary committee that will review the country's constitution as per the High Court's verdict. Chief whip Abdus Shahid on Sunday night mailed a letter addressed...

Siege to Barapukaria coal mine continues

2010-07-20 00:00:00

DINAJPUR, July 19 (bdnews24.com): Local people living around Barapukuria Coal Mine have laid siege to the mine since Monday morning demanding compensation for 2,600 buildings and establishments that they say have been affected by the mine's operations. Around 3,000 angry...

Millers baffling miniket buyers

2010-07-20 00:00:00

FE Report Coarse rice is becoming 'miniket', a finer variety of rice, not through a magic, hybrid or genome technology. Dishonest traders are doing it with machines. Wholesalers and retailers told the FE that some rice millers are turning the...

Jamuna devours 100m hard point in Sirajganj

2010-07-20 00:00:00

One hundred metres of hard point of Sirajganj town protection embankment were devoured by the strong current of Jamuna Monday, creating panic among the town's people, reports UNB. Local sources said at around 2:30pm piled bamboos surfaced from the bottom...

Tax evasion by Pak elites helps spread insurgency

2010-07-20 00:00:00

From Fazle RashidNEW YORK, July 19: Widespread tax evasion by the wealthiest in Pakistan have helped spread insurgency that is tormenting the country and complicating American policy in the region, claimed New York Times in a front page story today.The...

BIPSS holds roundtable on traffic problem

2010-07-19 00:00:00

FE ReportBangladesh Institute of Peace and Security Studies (BIPSS) organised a roundtable on traffic problem at its office in the city Sunday. Rashed Islam, vice president of HDR Engineering and managing principal of Austin Downtown office, the USA, presented the...

DU biochemistry Olympiad Dec 24

2010-07-19 00:00:00

DU Correspondent The second national 'Biochemistry Olympiad' will be held at Curzon Hall ground of Dhaka University (DU) on December 24 this year.DU Biochemistry and Molecular Biology Department is going to organise the event to popularise science study in the...

CCC mayor Manju sworn in

2010-07-19 00:00:00

Newly elected Chittagong City Corporation (CCC) Mayor Md Manjur Alam Manju was sworn in Sunday.Prime Minister Sheikh Hasina administered the oath to Manju at a ceremony at the International Conference Centre of the Prime Minister's Office (PMO), reports UNB. Cabinet...

Four cases filed against ULFA men

2010-07-19 00:00:00

KISHOREGANJ, July 18 (bdnews24.com): Four cases have been filed against the arrested leaders of the Indian separatist group, United Liberation Front of Assam (ULFA), Ranjan Chowdhury and Prodip Marak at Bhairab police station. Deputy assistant director of Rapid Action Battalion...

BNP takes steps to gear up organisational activities

2010-07-19 00:00:00

BNP has planned a series of programmes to gear up organisational activities and keep up the pace of ongoing anti-government movement before and during the holy month of Ramadan, reports UNB.As part of the programmes, the party will hold its...

BCL men put RUET under lock and key

2010-07-19 00:00:00

RU CorrespondentRAJSHAHI UNIVERSITY, July 18: The leaders and activists of Bangladesh Chhatra League (BCL), Rajshahi University of Engineering and Technology (RUET) unit put today (Sunday) the administrative building and five dormitories under lock and key to press home its seven-point...

Land management a must for agricultural dev

2010-07-19 00:00:00

RAJSHAHI, July 18 (BSS): Speakers at a regional workshop called for ensuring sustainable land management for keeping the environment friendly and natural along with proper use and management of land property and integration with all entities of the nature.They said...

Police deployed near Ctg Jama’at office

2010-07-19 00:00:00

Our CorrespondentCHITTAGONG, July 18: Politics of Jama’at-e-Islami has been in the doldrums over the weeks as the leaders seem to be suffering from arrest phobia.The once-busy Chittagong city office of the Jama’at-e-Islami at Dewanji Pukur area on the Sirajuddowla Road...

49,000 police personnel punished in 41 months

2010-07-19 00:00:00

Some 49,000 police personnel were punished during the last three years and five months in a bid to uphold the image and discipline of the force.Of the punished, 12 are police supers (SPs), 10 additional SPs and 31 Assistant Superintendents...

Mufti Hannan on three-day remand

2010-07-19 00:00:00

GOPALGANJ, July 18 (BSS): The Judicial Magistrate Court Sunday granted three-day police remand to chief of banned Islami militant outfit Harkat-Ul-Jehad Al-Islami (HUJI) Mufti Maulana Abdul Hannan in connection with Baniarchar Church bomb attack case.A strong contingent of the police...

Summit's profits up on robust revenue

2010-07-19 00:00:00

FE Report Summit Power Limited (SPL), a publicly listed unit of Summit Group, said Sunday that its profits leaped by 73 per cent on robust revenue in 2010 fiscal.Group chairman Mohammad Aziz Khan said the company with a market capitalisation...