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18 personalities awarded

2010-07-11 00:00:00

DU CorrespondentSave the Rural Development (SARDA) Saturday awarded 18 personalities for their contribution in reducing tobacco use in the country.They received awards in a ceremony at the conference room of the Dhaka University (DU) Senate Bhaban in the morning.DU Vice...

Anti-corruption body formed in Rangamati

2010-07-11 00:00:00

RANGAMATI, July 10 (BSS): A 13-member anti-corruption committee of Rangamati district was formed Friday with Mayadhan Chakma, former chairman of Rangamati Sadar Upazila Parishad, and headmaster in-charge of Shah High School SM Mainuddin, as its president and vice-president respectively.Concerned sources...

Service centres for taxpayers to open across country

2010-07-11 00:00:00

Doulot Akter MalaBoth the government and the private sector have taken an integrated effort to reduce taxpayers' hassle and simplify tax payment system by 2013 through opening service centres across the country with a view to diversifying tax payment and...

Artists meet artisans today

2010-07-11 00:00:00

JOHANNESBURG July 10 (AP): Spain's artists meet the artisans of the Netherlands Sunday in a World Cup final that will end with one team taking the title for the first time.European champion Spain has steadily improved with each game in...

Law ministry to decide next course of action

2010-07-11 00:00:00

Nazmul AhsanThe law ministry has recently been requested to suggest the best possible way to bring back funds believed to have been laundered during the rule of the BNP-led four-party alliance government, a high official said.Both the Ministry of Finance...

Hasina proposes creating common fund under OIC

2010-07-11 00:00:00

RIYADH, July 10 (UNB): Prime Minister Sheikh Hasina has proposed creating a common fund under the OIC for the welfare of its member countries.She made the proposal during a meeting with Saudi State Minister for Foreign Affairs Dr Nizar Obaid...

SEC to probe margin rules violations

2010-07-11 00:00:00

FE ReportThe securities regulator will probe into alleged non-compliance of rules in terms of maintaining margin loans by evaluating closing price of a stock and its net asset value (NAV), officials said.An official of the Securities and Exchange Commission (SEC)...

Millers to stop supplying rice to govt from today

2010-07-11 00:00:00

Millers across the country have decided to stop supplying rice to the government warehouses from today (Sunday) after a meeting with the government representatives failed to resolve the discriminatory cash incentive issue Saturday."We've also decided to halt supply of rice...

Imports, opening of fresh LCs fall last month

2010-07-11 00:00:00

FE ReportImports fell in June this year as importers slowed activities following announcement of the national budget the same month, officials said Saturday."We expect that the country's overall imports will increase in the month of July ahead of the holy...

WB endorses record $6.0b lending in four years for BD

2010-07-11 00:00:00

FE ReportThe new Country Assistance Strategy (CAS) of the World Bank (WB) for the period, fiscal year (FY) 2011-14, will support Bangladesh's ambitions by contributing to accelerated, sustainable and inclusive growth, underpinned by stronger governance at central and local levels....

Local IT cos eyeing vast untapped market for micro credit solutions

2010-07-11 00:00:00

Mehdi Musharraf BhuiyanAs microfinance has put Bangladesh on the global map of poverty reduction, the local IT companies must tap the opportunities to achieve another milestone.Banking on their years of experience in handling numerous local microfinance institutions, a good number...

PM returns home

2010-07-11 00:00:00

Prime Minister Sheikh Hasina returned home Saturday morning after attending the seventh D-8 Summit in Nigeria. A Biman Bangladesh Airlines flight carrying the PM and her entourage reached Hazrat Shahjalal International Airport at 7:15am. Cabinet ministers, senior party leaders and...

Traffic gridlock worsens at Mawa

2010-07-11 00:00:00

Traffic gridlock on Kewrakandi-Mawa route became critical, as ferries stopped plying the Hajra channel due to its poor navigability. It is taking more time, as the 10 ferries travel further by about five kilometres using a new channel. Consequently, over...

Lightning kills 5 in Nilphamari

2010-07-11 00:00:00

At least five farmers were struck down and more than 50 left injured by a series of thunderbolts accompanied by hailstorm in Sadar and Jaldhaka upazilas of Nilphamari Saturday. Those killed on the spot are Akbar Ali (45) of Joychandi,...

When it all heads south

2010-07-11 00:00:00

Mahmudur RahmanIT'S all going horribly wrong. There is almost a tragic element to the sad grimness with which European governments are doing a double take by scrambling to reign in fiscal debt. Specialists who have for many decades come out...

Bangladesh urged to invest in North-East India

2010-07-11 00:00:00

FE ReportOpportunity is knocking at the door of Bangladesh to expand its business footprint in the North-East and Eastern India as the region welcomes external as well as internal investment, a former Indian minister said Saturday. "Improvement in trade relations...

Master plan for developing Mongla, Benapole ports underway

2010-07-11 00:00:00

FHM Humayan KabirThe government will frame a 20-year "master plan" for modernising seaport Mongla and largest land port Benapole aiming to make them regional business corridors, officials said Saturday.Bangladesh port authorities said considering the port requirement over the next 20...

Recession, competition put charities at odds

2010-07-11 00:00:00

A Z M AnasThe global recession has slowed aid flow into charities but an ever-increasing competition for donors' fund has put non-profit organisations at more disadvantageous position, a senior Asia Foundation official said Saturday."It's a crowded field," Melody Schram Zavala,...

Bhuiyan's condition 'unchanged'

2010-07-11 00:00:00

The condition of former BNP secretary general Abdul Mannan Bhuiyan, suffering from lung cancer, remains unchanged, reports bdnews24.com.Square Hospital's Intensive Care Unit physician Dr Mirza Nazimuddin, speaking at a briefing Saturday, said the 67-year-old politician had showed signs of improvement...

Construction of Ganges Barrage begins in 2012

2010-07-11 00:00:00

Construction of the giant Ganges Barrage, a decades old mega project for sustainable solution to country's socio-economic and environmental problems is expected to begin in 2012, reports BSS."We are taking preparation to launch the construction of the Tk 59 billion...

Spice prices sharply rise in local markets

2010-07-11 00:00:00

Monira MunniPrices of spices have sharply increased in the local markets due to high import costs, traders said Saturday.Spices have become dearer also as because demand is gradually going up before the onset of Ramadan, market sources said adding that...

DCC budget and people's expectations

2010-07-11 00:00:00

THE Dhaka City Corporation (DCC) announced a Tk. 21.72 billion budget for the fiscal 2010-11 late last week. The size of the budget is more than 50 per cent higher, in terms of financial outlay, than that of the last...

Increasing rice price and its manipulation

2010-07-11 00:00:00

Shahiduzzaman KhanRICE price is on the rise again in the retail markets without any logical ground. With the government announcement of increase in procurement price, prices of coarse rice went up by Tk 2.0 to Tk 4.0 a kilogram. Supply...

Despair on the home front

2010-07-11 00:00:00

Fauzia ZebunThere is a real crisis on the home-front specially of working mothers, and this has developed primarily on account of the RMG sector. Almost all potential housemaids these days would rather work in a factory, and be 'free', even...

Power Sector Investments

2010-07-11 00:00:00

Shahiduzzaman Khan's front page analysis on the matter, published by you on 8th. July, is in my opinion seriously incomplete. I wonder why responsible people in the government who are concerned, including our Atomic Energy Commission, are totally unaware that...

A postal stamp for Musa Ibrahim

2010-07-11 00:00:00

It is advocated by Sir Frank Peters that Bangladesh Post Office issues a stamp in honour of Musa Ibrahim.It's a brilliant and novel idea. It mirrors what the people of the nation would like to see, and one that would...

The fundamentals of competitiveness

2010-07-11 00:00:00

GKM Towfique Hassan The world economy has entered an era of total competition. Traditional barriers have begun to fall, new sophisticated competitors have emerged and global rivalry increased.Traditional sources of comparative advantage are now less important than initially perceived for...

Involving people in the process of national self-definition

2010-07-11 00:00:00

Gopal SenguptaWE have forgotten that love for the country implies concern for the welfare of the people, and actions that promote everyone's happiness. The resistance of vested interests to justice and affirmative action, and bitter opposition of the better-off areas...

China is building a bridge across the Danube

2010-07-11 00:00:00

Jonathan HolslagFor those Europeans concerned with China's growing prowess, here is another reason to be alert. The Chinese are about to cross the Danube. Not with tanks or communist propaganda, but with cash and a charm offensive. The advance is...

Preview of World Cup Final

2010-07-11 00:00:00

Bazlul Wahab Shaheen TWO best teams of this world cup are in the final. Bangladeshi football fans are disappointed by failures on the part of Argentina and Brazil to pass quarter final hurdles. But the good news is, there will...