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Navy chief off to UAE

2010-05-10 00:00:00

Chief of Naval Staff Vice Admiral Z U Ahmed left the city Sunday to attend the Indian Ocean Naval Symposium scheduled to begin today (Monday) in United Arab Emirates' (UAE) capital Abu Dhabi, says a press release.Ahmed will call on...

Mohammad Ali new VC of Southern University

2010-05-10 00:00:00

Professor Mohammad Ali, former VC of Chittagong University (1985-1988) had been appointed as Vice-Chancellor of Southern University Bangladesh, Chittagong.He graduated in English Literature from University of Dhaka and Oxford University, England. He started his teaching career in Rajshahi University in...

Dacoit held after encounter with RAB

2010-05-10 00:00:00

NARSINGDI, May 9 (UNB): Rapid Action Battalion (RAB) personnel after a shootout arrested one robber from Bhatpara Balur Maath area of Polash Upazila Sunday.The arrested was identified as Based Mia (35), of Belabo Upazila.

Obituary

2010-05-10 00:00:00

Farhad Bin Mannan, director of Phoenix Insurance Company Ltd and son of late Maj General Abdul Mannan Siddiqui died Friday at his residence at the age of 42, says a press release.He left behind his mother, two sons, wife, relatives...

Committee suggests PMO control over PPP initiative

2010-05-10 00:00:00

Nazmul AhsanAn official committee formed by the Prime Minister's Office (PMO) has suggested some major changes in the draft policy on Public-Private Partnership (PPP) initiative. The report prepared by the committee, according to sources, has brought about changes in the...

Westin plans IPO by July, Beximco to take stake

2010-05-10 00:00:00

Mohammad MufazzalThe company owning Dhaka's posh Westin Hotel will go public by July and has finalised a move to sell a minority stake to Beximco Group, its owner said Sunday.Noor Ali told the FE that money raised from initial public...

Petrol pump-tank lorry owners suspend strike

2010-05-10 00:00:00

FE ReportPetrol pump owners and tank lorry workers-owners Sunday suspended their scheduled indefinite strike for a month after the government agreed to implement their 13-point demands.The strike suspension comes after a meeting between the government and Bangladesh Petrol Pump Owners...

CPI inflation up on one basis, down on another

2010-05-10 00:00:00

FE Report The Consumers' Price Index (CPI) inflation increased slightly further in March on the annual average basis but declined on point-to-point, officials said. The rate of annual average inflation went up by 0.31 percentage point in March this year...

Muhith wants review of tax-free status of key economic drivers

2010-05-10 00:00:00

FE ReportThe country must review the tax-free status of fast booming capital market, apparel industry and wages earned by migrants if it wants to scale up the government's dismal revenue earning, the Finance Minister said Sunday. Market capitalisation of the...

DSE turnover up, stock prices down

2010-05-10 00:00:00

FE ReportThe stock prices in the Dhaka Stock Exchange (DSE) were in the negative territory on the first trading session of the week Sunday. The DSE general index (DGEN) shed over 37 points on the day with 147 stocks belong...

2nd day of launch strike passes, coastal dist routes hard hit

2010-05-10 00:00:00

FE Report Thousands of river-route travellers endured more travel chaos Sunday thanks to lower-than-usual presence of vessels as a faction of water transport workers observed nationwide strike for the second day. On the day, travellers were forced to seek alternative...

Khaleda whitens Tk 13.31m: AL

2010-05-10 00:00:00

Awami League's acting general secretary Mahbub-Ul-Alam Hanif Sunday said BNP chief Khaleda Zia had whitened Tk 13.31 million between 2002-03 and 2006-07 fiscal years and paid almost Tk 3.4 million as tax and fine, reports bdnews24.com. The opposition party leader...

BDR mutiny fuelled by rumour

2010-05-10 00:00:00

The outgoing Director General of Bangladesh Rifles (BDR), Maj Gen Mainul Islam, Sunday said the BDR mutiny was fuelled by the spread of rumour by some over enthusiastic people, reports UNB."Some over enthusiastic people spread rumour to create chaos… it...

Sheikh Helal, wife in prison

2010-05-10 00:00:00

A Dhaka court has sent Awami League lawmaker Sheikh Helal Uddin and his wife Rupa Chowdhury to jail. Their bail petition in a corruption case was rejected Sunday. However, the couple is currently in Shikdar Medical College Hospital, seeking medical...

Oman to take back deported legal BD workers

2010-05-10 00:00:00

The Sultan of Oman says that his country will take back deported Bangladeshi workers who can prove to have stayed within the country's immigration laws. This was disclosed when newly appointed Bangladeshi Ambassador to Oman Nurul Alam Chowdhury called on...

Six killed in Habiganj road mishap

2010-05-10 00:00:00

HABIGANJ, May 9: Six persons in a car were killed when it collided with a truck in Madhavpur upazila on Dhaka-Sylhet highway at 5 pm today. The victims including three women were going to Sylhet from Dhaka, They all died...

Bailing out Greece

2010-05-10 00:00:00

Mahmudur RahmanIn a world focused on 'today' no one really likes the person who dares to dream ahead. And so, after the global economic meltdown when most were predicting a recovery there were some who sounded a note of caution;...

KAFCO resumes production

2010-05-10 00:00:00

FE ReportThe Karnaphuli Fertiliser Company Ltd (KAFCO) has resumed commercial operation as the state-owned Petrobangla began supplying gas to the factory, officials said Sunday.The joint venture multinational fertiliser producer went on full operation from Sunday after facing closure for over...

Jt co-op strategy document set to be inked by June

2010-05-10 00:00:00

FE ReportThe government is going to sign Joint Cooperation Strategy (JCS) by June to enhance aid effectiveness and improve aid delivery."We have a target of signing the document by May but after getting some recommendations from the civil society, the...

Tories, Lib Dems in talks to end deadlock

2010-05-10 00:00:00

LONDON, May 9 (AFP): Britain's two main opposition parties dug in for post-election talks on forming a government Sunday, fighting to overcome policy differences and break a stalemate which has left the nation in limbo.Conservative and Liberal Democrat negotiators held...

Rushanara to mend rift in Bangali community

2010-05-10 00:00:00

Rushanara Ali, first ever Bangladeshi-born Briton elected to the British parliament (House of Commons), Friday said her win materialised the long-cherished dream of all Banglais living in Britain and Bangladesh, reports UNB from London."From today I am MP of everybody....

Sugar refiners want lifting of export ban

2010-05-10 00:00:00

FE ReportThe country's private sugar refiners made a set of demands including lifting of export ban on sugar and widening of the existing import duty between the raw and refined sugars for the survival of the industry.They also sought support...

Hundreds of flights cancelled

2010-05-10 00:00:00

LISBON, May 9 (AFP): Hundreds of flights at airports from Lisbon to Munich were cancelled Sunday and some European airspace was closed because of a volcanic ash cloud from Iceland that caused air travel chaos last month.All flights to the...

Toxic nutrients endanger public health

2010-05-10 00:00:00

Food adulteration degrades standards of nutrition. But unfortunately, despite sporadic moves now and then, this country remains the rather undisturbed abode and all kinds of food adulterers who serve or sell toxic foodstuffs to the consumers. For example, take the...

Money whitening scheme

2010-05-10 00:00:00

Shamsul Huq ZahidTHE country's apex trade body, the Federation of Bangladesh Chamber of Commerce and Industry (FBCCI), and the Dhaka Stock Exchange (DSE) were the two staunch backers of the provisions for whitening undisclosed (black) money which were incorporated in...

United Nations Global Compact

2010-05-10 00:00:00

Farooq SobhanThe United Nations Global Compact was first proposed by the then UN Secretary General Kofi Annan in an address to the World Economic Forum on January 31, 1999. The Global Compact's operational phase was launched at the UN headquarters...

The coming budget should be made for the well being of the country

2010-05-10 00:00:00

If the budget comes with a heavy tax burden for purchase of land, share of companies, floor, and apartments, the proposal of the committee of the finance ministry will not be appropriate from the decision makers which have come to...

Spurring on population control activities

2010-05-10 00:00:00

It is fanciful to say that the country's population can be turned into human resources. But the hard realities are that in their present conditions of illiteracy, hunger and deprivation, the people of the country in large measures remain more...

Britons confused, their parliament hung

2010-05-10 00:00:00

Maswood Alam KhanVOTERS never wish their parliament were ever hung; neither do they want an immediate second election to tip the balance so hung. Voters want to see a strong leadership of the law makers who can comfortably work for...

Enforcing some real action against the student culprits

2010-05-10 00:00:00

Shamsher ChowdhuryI am somewhat confused about the administration's failure to deal with the rising incidence of vandalism by the students' front of the main ruling party in all its horrific dimensions. I am afraid with the passing of time the...