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First quarter overseas job growth slowest in 4 years

2010-04-02 00:00:00

Mashiur RahamanOverseas employment in the first quarter grew to its slowest pace in four years, as new work opportunities almost dried up in Saudi Arabia and Malaysia, officials said Thursday.The government said 99,140 Bangladeshis found jobs in the January-March first...

Govt should 'expand tax net in some potential sectors’

2010-04-02 00:00:00

FE ReportThe government should expand tax net in some potential sectors including capital market, real estate sector, agriculture and private educations, said speakers at a roundtable discussion Thursday. They have also proposed to simplify income tax return form, review tax...

Contractors allay fears over Dhaka-Ctg 4-lane project

2010-04-02 00:00:00

Munima SultanaThree contractors tasked to expand the Dhaka-Chittagong highway into four lanes have said they are well on course to build the road in time, allaying fears that the key project would be delayed. The contractors - Chinese company Sinohydro...

Lawmakers upset about dearth of gas, power

2010-04-02 00:00:00

FE ReportLawmakers have expressed their grave concern over the disruption of utilities, such as gas and power supplies, as it is hindering the growth prospects of the country and jeopardising regular life of the people in general.They said the people...

UN willing to help ensure int'l standard in war trial

2010-04-02 00:00:00

Outgoing United Nations Resident Coordinator Renata Lok-Dessallien said Thursday that the UN was willing to provide technical assistance to the Bangladesh government, in order to ensure an internationally accepted trial of the 1971 war criminals, reports UNB.After a farewell call...

DSE ends flat amid dull trading

2010-04-02 00:00:00

FE ReportDhaka stocks ended flat after dull trading, as fear gripped jittery investors over lack of direction from the newly elected board of the country's premier bourse, dealers said. The benchmark DSE General Index (DGEN) closed at 5594.31 with a...

Barua rules out possibility of urea scarcity

2010-04-02 00:00:00

FE ReportIndustries Minister Dilip Barua ruled out the possibility of fertiliser scarcity in the country following temporary closure of the fertiliser factories Thursday."The country will face no shortage of urea as we have currently a stock of 5,00,000 MT of...

PMO under solar panel system

2010-04-02 00:00:00

Prime Minister Sheikh Hasina inaugurated the Solar Panel System at the Prime Minister's Office (PMO) Thursday, reports UNB.Pressing the switch of the solar panel, the Prime Minister opened the system installed with a capacity of 20.16 kilowatt.A special Munajat was...

Dhaka office starts receiving MRP applications

2010-04-02 00:00:00

Dhaka's passport office started receiving applications for machine readable passports (MRPs) from Thursday, which will be issued at the beginning of May. Nine other regional passport offices will start receiving applications from April 18 to 20. The facility will gradually...

Mir Kashem's bank a/c frozen

2010-04-02 00:00:00

The National Board of Revenue (NBR) has frozen the bank accounts of Mir Kashem Ali, chairman of Diganta Media Corporation, and seven other members of his family to scrutinise any mismatch between taxes paid and sources of income. However, further...

UK visa fees raised

2010-04-02 00:00:00

UK visa fees have been raised by up to 2.5 per cent, said a handout of the UK Border Agency Thursday. The new rates will become effective from April 6. The agency also announced introduction of a new visa category...

Don't waste time sitting idle: PM

2010-04-02 00:00:00

Prime Minister Sheikh Hasina asked government officials not to waste time in formulation and implementation of development projects, reports UNB. She said that the government failed to achieve its desired level of development during the seven years of the previous...

Biman resumes operation on Manama route

2010-04-02 00:00:00

FE ReportThousands of Bangladeshi workers currently living in gulf state Bahrain could return home by Biman Bangladesh Airlines as the national flag carrier resumed its operation between Dhaka and Manama from March 28, Biman official said."After nearly five years of...

104 industries with Tk 18b investment registered in Feb

2010-04-02 00:00:00

A total of 104 industrial units involving an investment proposal of over Tk 18 billion were registered with the Board of Investment (BoI) in February this year, reports BSS. Of the total registered units, 95 with investment of Tk 16.4382...

47 examinees, one teacher expelled on the first day of HSC exams

2010-04-02 00:00:00

DU CorrespondentAt least 47 examinees and a teacher were expelled on the first day of the Higher Secondary Certificate (HSC), Alim and HSC Business Management examinations-2010 Thursday.The examination began at 10 am across the country. Bangla first paper examination was...

$266m ADB loan approved to help fund gas supply project

2010-04-02 00:00:00

FE ReportAsian Development Bank (ADB) has approved a $266 million loan for Bangladesh to help finance a major gas supply network expansion project that aims to improve distribution of hydrocarbon in the country now reeling under energy crisis.Officials said the...

Army to man WASA pumps from April 7

2010-04-02 00:00:00

The army will be deployed from Arpil 7 to man WASA pumps in Dhaka contrary to what LGRD Minister Syed Ashraful Islam said Wednesday, reports bdnews24.com. He had said that the military deployment would come into effect from April 1....

US hedge fund managers still getting fat salaries

2010-04-02 00:00:00

From Fazle RashidNEW YORK, April 01: There are news galore. Each is competing with the other to get prominence. There are more than 25 hedge fund managers in the US who carry a pay packet exceeding $1.0 billion even in...

Monitoring more urgent than frequent intervention BMBA team tells new DSE

2010-04-02 00:00:00

FE ReportGearing up monitoring activities in the market rather than frequent interventions by the securities regulator is a better tool for getting fruitful results, sources at a meeting said.The observation came when Bangladesh Merchant Banks Association (BMBA) made a courtesy...

Padma bridge gets new director

2010-04-02 00:00:00

The government has appointed Rafiqul Islam as the director of the Padma Bridge Project, reports bdnews24.com. Mr Islam is due to retire shortly from his position as the chief engineer of the roads and high-ways department. He was appointed on...

Food security 'more vital than self-sufficiency'

2010-04-02 00:00:00

Food security is more important than attaining self-sufficiency, said eminent economist and first deputy chairman of Bangladesh planning commission, Nurul Islam, reports bdnews24.com. "Food security is a must, but not necessarily self-sufficiency," Prof Islam said at a discussion on 'Poverty...

Post-election Iraq

2010-04-01 00:00:00

IRAQ seems to be bracing for a protracted period of political uncertainties following the March 7 election to the 325-seat parliament of the country. No party or alliance won the necessary 163-seat simple majority to form the next government. According...

Government's role as a trainer in skills

2010-04-01 00:00:00

Enayet Rasul Bhuiyan Bangladeshis everywhere in the world have proved their worth as reliable and hardworking people. Many of them did not find jobs at home but have done considerably well by doing even odd jobs abroad and remitting their...

Customer and consumer

2010-04-01 00:00:00

Iftu Ahmed THE word customer is derived from the word custom which denotes habit. The customer has a habit of purchasing goods regularly at the shop and the shopkeeper keeps this habitual relationship with the customer in the hope that...

Health should be a priority

2010-04-01 00:00:00

Health is now a major priority on the international agenda and is an imperative for development. The relationship between poverty and disease had long been acknowledged by public health reformers who suggest many inputs -- political, financial, social, cultural, engineering,...

District wise cold storage for potatoes

2010-04-01 00:00:00

The government traditionally provides price support to rice growers at harvest time. It procures rice and paddy from the areas with surplus output. In the lean season when price shoots up the government releases the rice at low price for...

China's currency and trade practices

2010-04-01 00:00:00

Abdullah A. Dewan OVER the last 60 years, China enjoyed an 8.1% gross domestic product (GDP) growth, making its 2008 aggregate output 77 times higher than that of the 1949 level when the new China was created. During 1980-2008 period,...

Relevance of 'Look East' policy to efforts for shared prosperity

2010-04-01 00:00:00

Dilip BaruaCOMMERCE and connectivity with South East Asian countries and the East and North India can be a significant and dynamic driver for the prosperity of the sub-region in particular and the region in general. The Summit sponsored by Indian...

Asian shares dip, Nikkei hits 18-month high

2010-04-01 00:00:00

SINGAPORE, Mar 31 (Reuters): Japanese shares rose to 18-month highs Wednesday, continuing to eclipse their peers elsewhere in Asia, as a rebound in US consumer confidence boosted hopes that a global economic recovery will prove to be sustainable.Japanese stocks have...

Citycell launches Zoom TM Ultra in Rajshahi

2010-04-01 00:00:00

Our CorrespondentRAJSHAHI, Mar 30: Citycell has launched Zoom TM Ultra, the fastest mobile internet service in the country, in Rajshahi.On the occasion, Zoom TM Ultra Night was held at Aristrocate at Zodiac Plaza of Shaheb Bazar here Sunday. Top corporate...