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PSI system to continue until Dec

2010-06-11 00:00:00

FE ReportThe government will continue the pre-shipment inspection (PSI) system until December this year amid efforts to narrow down the scope of the system for a few categories of products that carry little revenue risk, the finance minister said Thursday.The...

Obituary

2010-06-11 00:00:00

Mr A.F.M. Mozammel Huq, Executive Director of ETBL Holdings Ltd. and ETBL Securities & Exchange Limited, passed away Tuesday at 12:40pm. He was 61. The namaz e janaza of Mr. Huq was held the same day after Asr prayers at...

Energy supply hiccups mar upbeat economic outlook

2010-06-10 00:00:00

FE Report The Bangladesh Bank (BB) Wednesday recommended ensuring adequate power and gas supplies immediately for achieving a sustainable economic growth, stressing at the same time a curb on inflation. "For the output potential of exports and domestic consumption to...

Dhaka stocks gain moderately on energy issues

2010-06-10 00:00:00

FE Report Dhaka stocks posted a moderate gain at close Wednesday, hitting third biggest high on aggressive buying of energy stocks on anticipation that the government might give special focus on power sector in the budget to be unveiled today...

Berth operators amass billions of taka thru' unfair means

2010-06-10 00:00:00

Sheikh Shahariar ZamanBerth operators earned huge sum of extra money running into billions of Taka in the last three years through realising exorbitant fees for handling cargoes at the port."The operators realised Tk 730 for handling a container whereas we...

Ashuganj Fertiliser Factory production halted

2010-06-10 00:00:00

BRAHMANBARIA, June 9: Mechanical faults have caused production to be stopped at the Ashuganj Fertiliser Factory in Brahmanbaria from Wednesday morning. Osman Gani, managing director of the factory, said that at about 6am, a leakage in the ammonia plant compressor...

BNP observes mass sit-in

2010-06-10 00:00:00

Opposition leader and BNP chairperson Khaleda Zia Wednesday urged the government to return to the path of democracy, people and welfare, otherwise, she cautioned that the consequences will not be good, report agencies."There is still time…If you want to complete...

Govt may allow undisclosed money in infrastructure investment bond

2010-06-10 00:00:00

FE ReportThe government might keep a provision of investment of undisclosed money in the 'infrastructure investment bond' with payment of 10 per cent tax up to June 30, 2012. The investment will be allowed in some major infrastructure development sectors...

First phase of deep seaport work to be completed by 2017: PM

2010-06-10 00:00:00

Prime Minister Sheikh Hasina told the House Wednesday that a technical and economic survey had already been completed to set up deep seaport at Sonadia in Cox's Bazar, reports BSS."As setting up of the seaport at Sonadia is feasible according...

Bill on re-fixing uniform stamp duty passed

2010-06-10 00:00:00

Parliament Wednesday passed the Stamp (Amendment) Bill 2010 re-fixing uniform stamp duty at three per cent for land registration in both urban and rural areas, reports UNB.On September 1 last year, the stamp duty for rural areas was lowered from...

Certain provisions of BCS, JSC rules challenged

2010-06-10 00:00:00

FE ReportThe High Court on Wednesday issued a Rule Nisi on the Government in two petitions, to show cause why certain provisions of the BCS Rules and the JSC Rules should not be declared unconstitutional.It claimed that these provisions and...

Cigarette prices go up

2010-06-10 00:00:00

Jubair Hasan Prices of different brands of cigarettes have gone up by nearly 20 per cent in retail market on rumours that taxes on tobacco products will be increased in the national budget. Cigarette sellers said Wednesday, a day before...

Rates, areas of VAT may be enhanced

2010-06-10 00:00:00

Doulot Akter MalaThe government is likely to bring major changes in the areas of Value Added Tax (VAT) by raising the rate of the levy for professionals, amusement parks, dockyards and shops.Taxes on consultants, engineers, auditors, accountants will go up...

International pressure mounts to end Gaza blockade

2010-06-10 00:00:00

The pirate-like operation of the Israeli armed forces in international waters off the coast of Gaza on May 31 continues to draw universal condemnation and outrage. Israel did succeed in preventing the six-vessel Freedom Flotilla, carrying more than six hundred...

What is in it for Bangladesh?

2010-06-10 00:00:00

Alamgir MorshedChina is under renewed pressure from the world leaders and policy makers, especially the U.S. to review its exchange rate policy for its domestic currency, known as Chinese Yuan or the Renminbi. It is argued that Chinese exporters get...

Fired imagination can work miracles

2010-06-10 00:00:00

Maswood Alam Khan Known of late as tigers in the cricket world, also known as indolent and shirkers in the extreme, we, Bangladeshis, frankly speaking, sometimes behave exactly like chameleons. Surprisingly, some of our people, after the tragedies of Begunbari...

The closure of media outlets

2010-06-10 00:00:00

The Information Minister told parliament the other day that the government had not shut down the Bengali daily Amar Desh and that it was the deputy commissioner of Dhaka who had ordered its closure for alleged violation of the publication...

Residents need training in civic sense

2010-06-10 00:00:00

I often visit Uttara's sector 4. It is a great neighbourhood and the field in the middle is a great place for children as well as older people to do physical exercise and so on. It is also a quiet...

Install fire extinguishers soon

2010-06-10 00:00:00

For want of fire extinguishers terrible tragedies may occur at any time anywhere. After Dhaka's Japan Garden City caught fire and a number of lives were lost, our fire department personnel said if there were fire extinguishers in the right...

Surviving through global economic recession

2010-06-10 00:00:00

Md. Abdul JabbarThe impact of the western economic recession on our country is evident. The countries that are dependent on exports to USA and European markets have been severely affected by this recession. The crisis has its impact on growth...

Incentives fail to attract FDI into the country

2010-06-10 00:00:00

Md. Joynal AbdinBangladesh is a land of opportunity with cheap hardworking labour force, low utility charges, two sea ports, long-term tax holiday, 100% repatriation facility, and easy access to largest regional market to India and China. Besides, there are monetary...

Thursday

2010-06-10 00:00:00

ATN BANGLAam07:00 Sangbad07:30 Positive Bangladesh08:00 Sangbad08:30 Drama Serial- Kothay Pabo Tare09:00 News Bulletins09:10 Kande Amar Ma09:15 Asian City Vision 202010:00 News10:30 Hello Bangladesh11:00 News11:10 film - Priyojon02:30 Drama- Dokanir Bou03:45 Shundor Jiboner Jonno'04:00 Sangbad Bulletins04:25 Location05:00 Gram Ganger Sangbad05:10 Kande...

Most Asian stocks recover on China export jump

2010-06-10 00:00:00

SINGAPORE, June 9 (Reuters): Most Asian stock markets clawed back early losses Wednesday and the euro stabilised as news of stronger-than-expected exports from China offset worries that Europe's debt problems will stifle demand for Asian goods. The Chinese numbers also...

Agreement signed on 2nd Radisson Hotel

2010-06-10 00:00:00

FE ReportThe Carlson Hotels, USA-based global hospitality and travel company, has signed a Development Services Agreement for the second Radisson hotel in Cox's Bazar.The 250-room Radisson Hotel Cox's Bazar, Bangladesh is scheduled to open in the fourth quarter of 2013....

BIAA delegation returns home from Kunming

2010-06-10 00:00:00

A ten member delegation of Bangladesh Indenting Agents' Association (BIAA) led by its President Shabbir Ahmed Khan returned to Dhaka Monday from Kunming, China after attending the 5th China South Asian Business Forum and 18th Kunming Export Import Fair.The opening...

SBI to raise Rs 200b via rights issue

2010-06-10 00:00:00

NEW DELHI, June 9 (PTI): Country's largest lender State Bank of India (SBI) today said it was planning to mop up Rs 200 billion from rights issue by this fiscal end."We are expecting to raise Rs 200 billion from rights...

SECP registers 280 cos during May 2010

2010-06-10 00:00:00

ISLAMABAD, June 9 (Business Recorder): The Securities and Exchange Commission of Pakistan (SECP) registered 280 companies during May 2010. The total corporate portfolio as on May 31, 2010 comprises 55,795 companies. According to an announcement of the SECP here Tuesday,...

Govt to appoint private operator at Akhaura Sheikh Shahariar Zaman

2010-06-10 00:00:00

Sheikh Shahariar ZamanShipping ministry is going to appoint a private operator at the Akhaura land port to facilitate shipment of goods to Tripura in India."The ministry is going to float tender to appoint the operator very soon as we need...

Copper's drop in 3rd quarter to bring buy-opportunity

2010-06-10 00:00:00

LONDON, June 9 (Bloomberg): Copper may fall as much as 28 per cent in the third quarter, creating a "great opportunity" to buy as prices are expected to move higher in the fourth quarter, Skandinaviska Enskilda Banken AB said. Copper...

Cathay Pacific serving authentic Hong Kong cuisine

2010-06-10 00:00:00

Cathay Pacific Airways is featuring a variety of its "Cathay Pacific Signature Dishes" on flights this year, bringing to Hong Kong passengers a true taste of home as they enjoy classic local dishes during their journeys, and at the same...