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US envoy likely to inaugurate eco-park at Sukbilash today

2010-05-09 00:00:00

RANGAMATI, May 8 (BSS): US Ambassador to Bangladesh James F Moriarty is likely to inaugurate a sanctuary and eco-park at Sukbilash forests under Razasthali Upazila of the district tomorrow (Sunday).The Ministry of Environment and Forests has been implementing the project...

Driving instructors'training begins at BUET today

2010-05-09 00:00:00

The inaugural ceremony of Driving Instructor's Training Programme organised by Accident Research Institute (ARI), BUET will be held today (Sunday) at 10 am in the seminar room of Civil Engineering Building, says a press release.

'Housing area on riversides to be built after dredging, training major rivers'

2010-05-09 00:00:00

RAJSHAHI, May 8 (BSS): Water Resources Minister Ramesh Chandra Sen Friday said that housing areas would be built on both sides of the major rivers after dredging and river training to help increasing water flow in the rivers as well...

Human chain for early trial of war criminals

2010-05-09 00:00:00

Our CorrespondentChittagong, May 8: The sector commanders' forum in Chittagong asked the people to foil conspiracy against trial of war crimes and crimes against humanity in 1971.Several hundred people including women, children and freedom fighters formed a human chain and...

Fahim Munaim joins Maasranga TV

2010-05-09 00:00:00

Syed Fahim Munaim recently joined Maasranga Television, a concern of Square Group, as the Chief Executive Officer and Chief Editor, says a press release. He served English newspaper 'The Daily Star' as its executive editor prior to his new assignment....

National vitamin A+ campaign May 29

2010-05-09 00:00:00

The government is preparing to observe vitamin A+ campaign on May 29 to feed over 20 million under-5 children vitamin A capsules and de-worming tablets, reports UNB.The national vitamin A+ campaign is observed twice every six months with a view...

DCCI wants budgetary steps to fix power, energy crises

2010-05-09 00:00:00

FE ReportThe government must roll out a master plan for fixing the country's nagging energy crisis in the upcoming budget if it wants to win local and foreign investors' confidence in the economy, an influential chamber leader said Saturday. Dhaka...

Final draft of the expatriate welfare bank act submitted

2010-05-09 00:00:00

Nazmul AhsanThe final draft of the ' Expatriate Welfare Bank Act, 2010', submitted to the Ministry of Finance last week, has proposed fixation of the initial paid-up capital of the bank at Tk.1.0 billion. According to the draft act, the...

Strike disrupts movement of launches

2010-05-09 00:00:00

FE Report Thousands of launch crew left water for high-land Saturday as their indefinite strike over wage hike snapped communications in some of the country's remotest coastal districts, stranding passengers at the main river terminals.People travelling to and from southern...

Cut in interests, investment ceilings of savings tools likely

2010-05-09 00:00:00

S M JahangirA 0.5 per cent cut in the interest rate on the state-run savings instruments and reduction of the investment ceilings are under study of the government, officials said. A high-profile committee recently in its report recommended the cut...

Uprising against govt starts, says Khaleda

2010-05-09 00:00:00

BNP chairperson and Leader of the Opposition in Parliament Khaleda Zia said Saturday that the protest and uprising against injustice, misrule and autocracy of the government would ensue from Saturday's rally, reports UNB."I sincerely believe that the protest and uprising...

CPI inflation may exceed target

2010-05-09 00:00:00

FE ReportCitigroup has forecasted that the 12-month average Consumers Price Index (CPI) inflation might exceed the budgetary target and hit 7.0 per cent by the end of this fiscal. "We expect the CPI to average 7.0 per cent year on...

EU for 'independent' functioning of ACC

2010-05-09 00:00:00

FE ReportThe European Union has urged the government to allow 'independent' functioning of the anti-graft watchdog, saying it is an important element to democracy and development. "The Anti-Corruption Commission should be independent-financially and politically," Stefan Frowein, head of the EU...

Liberal Democrats in power-sharing talks

2010-05-09 00:00:00

LONDON, May 8, 2010 (AFP) - Liberal Democrat leader Nick Clegg held talks with his party's lawmakers Saturday as he mulls over a power-sharing deal with the Conservatives to solve Britain's political impasse.The Liberal Democrats, the third-biggest party, are responding...

Mother, daughter found dead in city

2010-05-09 00:00:00

A mother and her four-year-old daughter were found dead in their residence at Shanir Akhra in the city's Kadamtoli Saturday, police said. The police recovered the bodies of Yasmin Begum (26) and her daughter Tanha Akter at about 7:30am after...

PM's directive: 1,000 prisoners to be released from jail

2010-05-09 00:00:00

In a fresh move, the government is going to release 1,000 prisoners under five categories. The decision was taken Saturday evening when Prime Minister Sheikh Hasina sat in a meeting with jail authorities where Home Minister Sahara Khatun was also...

A satirical view

2010-05-09 00:00:00

Mahmudur RahmanThe stiff upper lip has given way through the decades but the British General elections continue to present a boring spectacle in many ways. As analysts tried to decipher the implications of what appears to be a hung parliament,...

Petrol pump-tank lorry strike from today

2010-05-09 00:00:00

Petrol pump and tank lorry owners and workers will go for an indefinite strike from today (Sunday) to press home their 13-point demand, reports UNB.The demands include raising commission on the sale of petrol from the present 2 per cent...

Corruption slows down growth of women entrepreneurs' businesses

2010-05-09 00:00:00

FE Report More than 10 per cent women entrepreneurs discontinues their businesses as a sequel to corruption in obtaining licences having access to credit and marketing their products.This was expressed at a meeting on "engaging women entrepreneurs in anti-corruption reform...

WB gives $257m to develop infrastructure under IPFF

2010-05-09 00:00:00

FE ReportThe World Bank (WB) has approved to provide US$ 257 million under its Investment Promotion and Financing Facility (IPFF) project for facilitating local infrastructure development, especially for building small power plants.The fund would help implement several Private-Public Partnership (PPP)...

Govt takes up strategy to curb dominance of pvt recruiters

2010-05-09 00:00:00

A Z M AnasThe government has stepped up efforts to accelerate overseas recruitment and cut migration costs in a strategy aimed at curbing the dominance of private recruiters, officials said Friday.Officials at the Expatriate Welfare and Overseas Employment Ministry acknowledged...

Stock market turmoil in US, Europe continues

2010-05-09 00:00:00

From Fazle RashidNEW YORK, May 8: Stock markets in the US, Europe and Asia experienced another day of turmoil amid fears that a debt default by Greek "could paralyse the world's financial system."European Union monetary affairs commissioner painted a very...

Iceland volcano ash hits European flights again

2010-05-09 00:00:00

BRUSSELS, May 8 (AFP): European air traffic faced growing disruption Saturday as an ash cloud from an Iceland volcano threatened to close airports as far east as Spain's Barcelona or Marseille in France, controllers warned."During the day, the area affected...

Local makers of hospital furniture grabbing 40pc of market share

2010-05-08 00:00:00

Monira MunniLocally-made specialised steel furniture for hospital use has grabbed a significant portion of the market share of the growing health service in the country.The manufacturers are now supplying at least 40 per cent, which is worth Tk 500 million,...

Fish, vegetables prices up in city market

2010-05-08 00:00:00

FE ReportPrices of fish and vegetables saw an upward trend, which sources blamed on short supply in the city's kitchen market last week.A pair of small Hilsha fishes were selling at Tk 500-Tk 600 while shrimp was priced at Tk...

ICB AMCL declares NAV of two unit funds

2010-05-08 00:00:00

ICB Asset Management Company Limited (AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), has declared the Net Asset Value (NAV) of its two unit funds, said a press release.ICB AMCL Unit Fund: The total NAV of ICB AMCL Unit...

Local firm set to assemble low-cost mobile handsets

2010-05-08 00:00:00

Mehdi Musharraf BhuiyanA Chittagong-based IT research institute Thursday unveiled plans to assemble low-cost cell phones in the country to tap into the fast- booming mobile handset market.The Premier University IT Institute, which is a subsidiary of Chittagong City Corporation, would...

CWASA consumer can pay bills thru' Banglalink

2010-05-08 00:00:00

Banglalink and Chittagong Water Supply and Sewerage Authority (CWASA) have signed an agreement to enable mobile-based water and sewerage bill payment. CWASA Secretary Md Moksedur Rahman and Banglalink Chief Commercial Officer Asher Yaqub Khan signed the agreement on behalf of...

CWASA consumer can pay bills thru' Banglalink

2010-05-08 00:00:00

Banglalink and Chittagong Water Supply and Sewerage Authority (CWASA) have signed an agreement to enable mobile-based water and sewerage bill payment. CWASA Secretary Md Moksedur Rahman and Banglalink Chief Commercial Officer Asher Yaqub Khan signed the agreement on behalf of...

Diplomatic missions, commercial wings yet to gear up export performance

2010-05-08 00:00:00

The country's export earnings are gradually coming out of a negative trend (July-March, 2009-10, -0.80 per cent) as the export earnings in March marked an 18.38 per cent growth compared to the corresponding month of the previous fiscal (2008-09).But, the...