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Neemtoli, Begunbari families get Tk 0.1m each

2010-06-27 00:00:00

Prime Minister Sheikh Hasina Saturday handed over cheques of Tk 100,000 to each of the 98 families affected by the Begunbari building collapse and Neemtoli blaze in the city. Besides, Rupali Bank donated Tk 200,000 each as fixed deposit for...

Dhaka gets $129m IDB loan to set up deep-sea oil unloading facility

2010-06-27 00:00:00

Monira MunniThe government has sealed a US$129 million soft credit from Islamic Development Bank to build the country's first offshore floating platform aimed at saving billions of taka it spends in unloading oil in deep sea.Finance Minister AMA Muhith signed...

Fresh bidding for onshore HC exploration by year-end

2010-06-27 00:00:00

M Azizur RahmanThe government will launch a fresh bidding round for onshore hydrocarbon (HC) exploration by the year-end, as the country's offshore prospect is being stymied over the long-pending maritime boundary disputes, top officials said Saturday."We are going to float...

Matia comes down heavily on WB over BBS issue

2010-06-27 00:00:00

FE ReportAgriculture Minister Matia Chowdhury Saturday came down heavily on the World Bank over the BBS issue at the Parliament.She was talking at the discussion on budget 2010-11 at the House.Acting Bangladesh head of the multilateral lending agency recently said...

Govt seeks more time from court

2010-06-27 00:00:00

Munima SultanaThe government has sought one year more time from the High Court to introduce vehicle tracking system in the country's hundreds of motorised vehicles to stop stealing and control high speed.The High Court issued a rule on June 25,...

FBCCI Foundation distributes products among 1090 families

2010-06-27 00:00:00

FE ReportThe FBCCI Foundation Saturday distributed computers, sewing machines, irrigation pumps and rickshaw vans among 1,090 families under its 'One Family One Businessman' project aimed at creating self-employment.Finance Minister AMA Muhith distributed the products at a ceremony organised by the...

Keep advance tax on export earnings unchanged: BJMA

2010-06-27 00:00:00

FE Report Bangladesh Jute Mills Association (BJMA) has urged the government to keep the advance tax on export earnings unchanged at 0.25 per cent.Terming budget proposal to raise the tax at source on export earning to 1.0 per cent from...

Azim Uddin made NSU Foundation chairman

2010-06-26 00:00:00

Mr Azim Uddin Ahmed, a founder life member of the North South University (NSU) Foundation, has been unanimously elected chairman of the Board of Governors of the Foundation and the Porichalona Porshod of the university for 2010-11 term.He was elected...

Shraddhabashar

2010-06-26 00:00:00

The Shraddhabashar (Hindu ritual) for Manash Kumar Ghosh will be held at Probhu Jogodbondhu Mohaprokash Moth at 42/2 Hatkhola Road in the city at 1:30pm tomorrow (Sunday), said a press release.Mr Ghosh who died of a massive heart attack on...

Office-bearers

2010-06-26 00:00:00

Abdul Khadem and Md Motiur Rahman have been elected president and general secretary respectively of the Jigatola Government Officers' Colony Kalyan Samity, said a press release. The election was held recently for the first time since 1994 after formation of...

PC sends back cross-border grid proposal

2010-06-26 00:00:00

FHM Humayan KabirThe planning commission (PC) has sent back a proposal on the planned Indo-Bangla cross-border electricity grid on the grounds of faulty project design and the lack of power supply guarantee by India, officials said Friday.The commission said it...

Giants’ fight ends in a drab draw

2010-06-26 00:00:00

DURBAN, June 25 (AFP): Portugal qualified for the second round of the World Cup after battling to an ill-tempered 0-0 draw with five-time champions Brazil in their final Group G game on Friday.In a match that was hyped as a...

Revenue from public sector bodies drops drastically

2010-06-26 00:00:00

S M JahangirThe amount of dividend and profit, received by the government from state-run entities and other concerned companies, continues to decline sharply in recent years, undermining the efforts to boost internal resources. The state-owned enterprises (SoEs), banks and financial...

Bangora gas field resumes supply

2010-06-26 00:00:00

M Azizur RahmanIrish Tullow Oil has resumed gas supply from its onshore Bangora gas field on Thursday evening, a couple of weeks after suspension of production from the field, officials said Friday."Tullow started supplying 90 million cubic feet (mmcfd) of...

BB's next half-yearly monetary policy soon

2010-06-26 00:00:00

FE Report The central bank has started preparation to formulate a growth-supportive monetary policy for the first half of the next fiscal year with the basic objective of curbing the inflationary pressure on the economy, officials said. "We want to...

Khaleda asks govt to exercise restraint during hartal

2010-06-26 00:00:00

Opposition leader and BNP chairperson Khaleda Zia Friday asked the police and the civil administration to act impartially during the Sunday's dawn-to-dusk hartal, reports UNB.She also urged the ruling party "not to let loose its terrorists on streets" by organizing...

10,000 policemen to be deployed during tomorrow's hartal

2010-06-26 00:00:00

FE ReportThe government would deploy 10,000 law enforcers in the capital to maintain law and order during Sunday's dawn-to-dusk hartal called by the main opposition, the first nationwide shutdown in three years.Dhaka Metropolitan Police (DMP) commissioner AKM Shahidul Haq said...

Two BDR men die at BDR hospital

2010-06-26 00:00:00

Two BDR jawans died at BDR Hospital Friday morning, reports UNB.Subedar Kazi Sirazul Haque who was suffering diabetes died at 10am. He was 52. Sirazul Haque joined as a Sepoy in the BDR on January 15, 1976. He left behind...

$1.8b foreign aid received in 11 months

2010-06-26 00:00:00

Bangladesh received US$ 1,829.73 million as foreign assistance from the development partners during the 11 months (July-May) of the current fiscal year (2009-10). Of the total foreign assistance, $ 1,445.69 million came as loan while $ 384.03 million as grants,...

5 killed, 2 injured in Ctg road crash

2010-06-26 00:00:00

CHITTAGONG, June 25: Four microbus passengers and its driver died and two others were injured in a tragic road accident on Dhaka-Chittagong Highway at Kumira Mogpukur in Sitakunda upazila early Friday. The deceased were identified as Abdul Matin (72), his...

Lubricant plants urge allowing raw material import as before

2010-06-26 00:00:00

Fazlur RahmanPrivate lubricant blenders have urged the government to bring changes to the import policy allowing them to continue import of raw materials for lubricant oil, which has been barred since April this year. "Due to the restriction, raw materials...

SEC won't allow trading of paper shares after Sept

2010-06-26 00:00:00

FE ReportThe Securities and Exchange Commission (SEC) said Thursday it is determined to send the shares to over-the-counter (OTC) market for trading if the concerned companies fail to dematerialise or transform them into electronic shares by September 30."We have warned...

Biman yet to hire aircraft for Hajj operation

2010-06-26 00:00:00

Mashiur RahamanThe state-run Biman is yet to hire aircraft for the Hajj operation this year while deadline for mandatory operation clearance from the Saudi Arabian authority has already expired, Biman sources said.As per aviation industry regulations, entry of any scheduled...

Tk 28.0m shrimp testing machine procured

2010-06-26 00:00:00

The government has purchased a testing machine worth Tk 28.0 million for the fisheries department to ensure quality of shrimps exported from the country, officials said Thursday.Department of Fisheries (DoF) officials hope that the machine would go for commercial operation...

Cops arrest garment union leader in Gazipur

2010-06-26 00:00:00

FE ReportPolice arrested Friday a top union leader from a rally in Gazipur as she railed against low wages of apparel and textiles workers.Musharefa Mishu, president of Garment Workers Unity Forum, was arrested at about 4:00pm at Chandana intersection in...

Share prices decline

2010-06-26 00:00:00

FE ReportShare prices on the Dhaka Stock Exchange (DSE) went down in the week that ended Thursday, ending the fifth straight week of gaining streak.The market witnessed dull trading during the week amid worries on possible price correction due to...

Bidi makers urge govt to withdraw taxes

2010-06-26 00:00:00

FE ReportThe bidi manufactures have urged the government to withdraw taxes on cigarette, considering the labour-intensive sector that employs thousands of rural women.‘Bidi Shilpo Malik Samiti’, a platform of the bidi industry owners, said additional taxes on hand-made cigarette would...

Non-cadre customs, VAT officials against change of designation

2010-06-26 00:00:00

FE ReportNon-cadre customs and VAT officials Friday urged the government not to change the designation of first and second class executives of the National Board of Revenue (NBR), saying such abrupt change has caused discontent among the field-level officials.The demand...

Fans remember their fallen King of Pop

2010-06-26 00:00:00

A year after Michael Jackson's death caused a worldwide outpouring of shock, tears and tributes, the anniversary of his passing was being marked Friday on a quieter scale, as fans remembered their fallen King of Pop with vigils, prayer and,...

Leaders' responsibility to educate, to lead

2010-06-26 00:00:00

Enayet Rasul BhuiyanJohn F Kennedy was one of the most illustrious Presidents of the USA. He remains etched in the memory of the survivors of his generation round the world for his great idealism, philosophy, erudite statements and intellectual abilities....