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GM Quader new president of chess federation

2010-05-18 00:00:00

Minister for Civil Aviation and Tourism Ghulam Muhammad Quader was named the new president of Bangladesh Chess Federation said a press release issued by National Sports Council Monday, reports BSS.He replaced Muhammad Zamir as the new president of Bangladesh Chess...

Razib wins in C'wealth Chess

2010-05-18 00:00:00

GM Enamul Hossain Razib and FM Abu Sufian Shakil (Biman) earned 7 points after the completion of the 10th round games in the Commonwealth Chess Championship held yesterday in New Delhi, India, reports BSS.FM Mehdi Hasan Parag has accumulated 6.5...

Youngmen's Club make good start with 1-0 win over T& T Club

2010-05-18 00:00:00

Youngmen's Club Fakirerpool made a good start in the Basundhara Metropolis Senior Division Football League beating T& T Club by a solitary goal at the Bir Shrestha Sepoy Mohammad Mostafa Kamal Stadium in Kamalapur in the city Monday, reports UNB.Wahed...

England win World Twenty20 final

2010-05-18 00:00:00

BRIDGETOWN (Barbados), May 17 (AP): England won the World Twenty20 for its first world cricket title, beating Australia by seven wickets in Sunday's final after Craig Kieswetter hit 63 off 49 balls and Kevin Pietersen 47 off 31 deliveries.The pair...

League title is Barcelona's consolation prize

2010-05-18 00:00:00

MADRID, May 17 (AP): Barcelona's 20th Spanish league title came as some consolation in a season where retaining the Champions League at the home of archrival Real Madrid looked to be the top priority.Barcelona sealed the defence of its league...

Govt decides not to sign Tifa

2010-05-18 00:00:00

Nazmul AhsanBangladesh will not sign the Trade and Investment Framework Agreement (Tifa) with the US as the draft agreement has a number of issues that might go against its interest, a top official in the Prime Minister's Office (PMO) said.The...

Fresh money inflow takes DGEN to all time high

2010-05-18 00:00:00

FE ReportDhaka stocks rose slightly in highly volatile market Monday, taking the DSE benchmark index to an all time high with entry of fresh money pushed the turnover to its peak, dealers said.The benchmark DSE General Index (DGEN) gained 13.26...

PM proposes multi-donor fund to tackle climate impact

2010-05-18 00:00:00

INCHEON (South Korea), May 17 (UNB): Prime Minister Sheikh Hasina has called for establishing the much-expected multi-donor trust fund at the earliest and quick disbursement of the fund among the Least Developed Countries (LDCs) to enable them face the impact...

Changes in regulations for fixing benchmark power tariff planned

2010-05-18 00:00:00

M Azizur RahmanThe country's energy regulator has planned for a change in its regulations for fixing benchmark power tariff, as prescribed by the power ministry, to facilitate electricity purchases from private sector plants, a top official said."We are working to...

Port operations fall after CPA's take-over

2010-05-18 00:00:00

Jasim Uddin Haroon The performance of the country's premier port has been deteriorating fast since the Chittagong Port Authority (CPA) took the cargo handling operation under its own management last week. Shipping circles said that vessels' turnaround time at the...

MoF sanctions Tk 150m to subscribe Padma Oil rights

2010-05-18 00:00:00

FE ReportThe Ministry of Finance (MoF) has approved an allocation of Tk. 150 million in favour of the Padma Oil Company to subscribe the right shares to be issued by the company soon. The government owns more than 50 per...

SEC to allow open-ended mutual fund in pvt sector

2010-05-18 00:00:00

FE ReportThe securities regulator will allow launching of an open-ended mutual fund for the first time in the private sector.The Securities and Exchange Commission (SEC) recently approved the trust deed of the Prime Financial First Unit Fund having initial size...

Now bank to receive DV application fees

2010-05-18 00:00:00

The US Embassy Consular Section will no longer accept Diversity Visa application fees on the interview date with effect from May 23. After that date, all Diversity Visa application fees must be deposited at Standard Chartered Bank's North Gulshan branch...

Jhut items worth Tk 5.0m gutted by fire

2010-05-18 00:00:00

A large quantity of Jhut (garment wastes) items worth Tk 5.0 million were gutted in a devastating fire that broke out in the capital's Mirpur area Monday, firefighters said. Witnesses said the fire originated at a storehouse in Mirpur Jhut...

Accepting criticism

2010-05-18 00:00:00

Mahmudur RahmanOne of the best kept secrets from the general public in the western democracies has been the "influence" of big businesses in their general elections. This has now been spoiled by the invasive media as they kept on hammering...

PM asks Koreans to invest in country's potential sectors

2010-05-18 00:00:00

SEOUL, May 17 (UNB): Prime Minister Sheikh Hasina has invited the Korean government and entrepreneurs to invest in potential sectors such as power, oil and gas, shipbuilding, IT industry, automobiles and agro-based industry of Bangladesh.She also asked them to build...

Textile millers demand control of yarn price

2010-05-18 00:00:00

FE ReportBangladesh Specialised Textile Mills & Powerloom Industries Association termed Monday the yarn crisis artificial and made 11 demands including immediately taking control of the volatile yarn price. At a press conference held at Dhaka Reporters Unity, they said the...

Manzu likely to run for Ctg mayor on BNP ticket

2010-05-18 00:00:00

Our CorrespondentCHITTAGONG, May 17: BNP is pitting Manzur Alam, a close confidant of incumbent mayor ABM Mohiuddin Chowdhury and former acting mayor, against him in the race in the upcoming CCC election.Manzur has been picked as the main opposition party's...

BB policy misreading leaves third country export business in limbo

2010-05-18 00:00:00

Jasim Uddin Haroon A number of local traders, engaged in 'third country export business,' are in a deep trouble mainly because of misinterpretation of relevant policies by the central bank officials, depriving the country of a sizable potential income in...

Good results in SSC exams: education system needs restructuring

2010-05-17 00:00:00

The Secondary School Certificate (SSC) results have been impressive in all areas. Highest records have been set in the number of the examinees who passed as well as those who got the highest score of GPA-5. The number of institutions...

Vehicle requisition and police power

2010-05-17 00:00:00

Shamsul Huq ZahidA large group of cab drivers clashed with police near the busy Farm Gate and the Tejgaon police station on last Thursday and Friday, protesting requisition of their vehicles and arrest of, at least, eight of their comrades....

Passage of Indian cargo through Ashuganj

2010-05-17 00:00:00

Manzur AhmedWhile fully endorsing the valued opinions expressed by Mr. Hossain Zillur Rahman and Mr. Mirza Azizul Islam, ("Connectivity will be meaningful, if Bangladesh can export to north-eastern India without any hindrance"… "Bangladesh may lose the opportunity of exporting to...

What a contrast!

2010-05-17 00:00:00

Among the very first acts of the new government in the UK was to substantially reduce the salaries and perks of the ministers in the Cabinet of Prime Minister David Cameron. This was a symbolic move giving a message that...

Medicines need to be cheap and potent

2010-05-17 00:00:00

The prices of many locally produced drugs, including many in the essential category, are fixed according to the will of the drug companies and in doing this the companies are in most cases guided by crass profiteering motive. The prices...

Are railways being killed to aid bus and truck operators?

2010-05-17 00:00:00

Maswood Alam KhanIF any economist, or for that matter any conscious Bangladeshi citizen, is asked what could be our best and the cheapest mode of transportation she will unequivocally answer: Railway. But if there is a motion now placed in...

The evil that some persons do

2010-05-17 00:00:00

Fazal M. KamalBy now it has become a subject that's just more than worrisome; it has been transformed into a cause for much alarm for the citizens of Bangladesh. It's the fast deteriorating crime situation in the country as well...

Oil prices plunge on US supply glut, eurozone fears

2010-05-17 00:00:00

NEW YORK, May 16 (AFP): Oil prices tumbled to three-month lows Friday at the end of a volatile week in which the market was hit by stubborn eurozone economic concerns and a strong dollar. New York's main contract, light sweet...

Thirty thousand looms closed in Pabna after yarn price rise

2010-05-17 00:00:00

Our CorrespondentPABNA, May 16: Agitated hand and power loom owners and weavers of the district brought out procession and put up a blockade on the Dhaka-Pabna highway at Jalalpur in Pabna Sadar Upazila Thursday, the second day of an indefinite...

Falling prices help Thailand's sugar premiums

2010-05-17 00:00:00

BANGKOK, May 16 (Commodity Online): Falling sugar futures prices across the globe attracted more buyers for Thailand's sugar premiums as it expanded gains during the week. Fresh demand from Pakistan and Vietnam and are likely to rise further as the...

Ginger cultivation starts in Nilphamari

2010-05-17 00:00:00

NILPHAMARI, May 16: Cultivation of Ginger is going in full swing in all the six upazilas of the district. The Department of Agriculture Extension (DAE) sources said this year's target area of Ginger cultivation is 2,050 hectares of land and...