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RAB recover fake NI cards, SIMs from city market

2010-05-07 00:00:00

FE ReportRapid Action Battalion (RAB) in a raid recovered 10,000 fake national identity cards and 2,610 unregistered SIM cards of the country's six mobile phone operators from a market at Gulistan in the capital Wednesday night.The elite force men also...

CMP launch drive to protect women from eve-teasing

2010-05-07 00:00:00

Our CorrespondentCHITTAGONG, May 6: Chittagong Metropolitan Police (CMP) have launched drive to save the women from harassment. The CMP has advised the girls and women to send an SMS with their names to '373' from their mobile phones whenever they...

Centre for Breakthru'Thinking in B'desh formed

2010-05-07 00:00:00

To spread the ideas of Japanese management style and raise productivity and efficiency in the industrial sector a centre for breakthrough thinking in Bangladesh was formed Wednesday with Prof Shozo Hibino, Chukyo University, Japan as its chief adviser and Dr...

Death anniversary

2010-05-07 00:00:00

Sixth death anniversary of Saleha Begum, w/o late social worker Aziz Howlader of Baramasua of Mothbaria, Pirojpur, will be observed today (Friday).On the occasion milad-mahfil and Quran-khwani have been arranged and special prayer will be offered after Jum'a prayers at...

China offers duty-free access to 4,721 Bangladeshi goods

2010-05-07 00:00:00

Nazmul AhsanChina has offered to extend duty-free access to nearly 5,000 Bangladeshi products in a major goodwill gesture that has caught the trade officials here by surprise.The "stunning" offer was made by China last week and it followed the high...

US trade ties politically weighed, skilled negotiators needed

2010-05-07 00:00:00

FE ReportEconomists and business leaders Thursday at a seminar said the US provides preferential treatment to other countries on political consideration, and the Bangladesh government should engage politically skilled persons as negotiators at US-Bangla trade talks."The United States provides market...

Seven cos get nod to raise paid-up capital

2010-05-07 00:00:00

FE ReportSecurities and Exchange Commission (SEC) has given go-ahead to seven companies to raise their paid-up capital under private placement in accordance with some conditions set by the regulator.The SEC said this after taking a decision in this regard in...

Hasina questions source of Khaleda's money, property

2010-05-07 00:00:00

BARGUNA, May 6 (UNB): Prime Minister Sheikh Hasina has questioned the source of huge money and property of opposition leader Khaleda Zia who was left with "broken suitcase and torn vest" of her husband, slain President Ziaur Rahman."Nowadays you speak...

PM's S Korea, Malaysia trips seen crucial for boosting labour export

2010-05-07 00:00:00

A Z M AnasPrime Minister Sheikh Hasina faces a key litmus test as she begins touring South Korea in mid-May aimed at boosting labour recruitment in the East Asian nation, officials said Wednesday. As part of her Southeast Asian tour,...

Dhaka stocks rally for 2nd session

2010-05-07 00:00:00

FE ReportDhaka stocks rallied for the second session in a row Thursday, led by Grameenphone and leasing issues. The market opened with a firm note, gaining around one per cent in the morning but profit taking scuttled away some points...

UK voters go to polls

2010-05-07 00:00:00

LONDON, May 6 (BBC): Millions of people in constituencies across the UK are casting their votes in the general election.Polling stations up and down the country opened at 0700 BST and people will be able to cast their ballots until...

Mumbai attack gunman gets death penalty

2010-05-07 00:00:00

MUMBAI, May 6 (Agencies): A court in India Thursday handed a death sentence to the only surviving Pakistani gunman in the bloody 2008 Mumbai attacks.Judge M.L. Tahaliyani's sentence came three days after Mohammed Ajmal Kasab was found guilty of murder...

ACC sues SQ Chy for money laundering

2010-05-07 00:00:00

The Anti-Corruption Commission (ACC) has filed a criminal case against BNP leader Salahuddin Quader Chowdhury for money laundering. Toufiqul Islam, an ACC assistant director, filed the case with the Dhanmondi Police Station Thursday afternoon. Dhanmondi police chief Shah Alam confirmed...

Power supply back to normal in city

2010-05-07 00:00:00

A major fault that occurred at an underground cable Wednesday was finally repaired Thursday by the Dhaka Power Distribution Company Ltd (DPDC). Following the fault Wednesday, a vast area of the central part of the capital city, including Bangladesh Secretariat,...

Boy drowns at Crescent Lake

2010-05-07 00:00:00

An eight-year-old schoolboy, Jahirul Islam, who went to Crescent Lake for swimming, drowned in the waterbody at Chandrima Udyan in the city Thursday. — FE Report

BB asks banks to keep maximum 12pc interest

2010-05-07 00:00:00

FE Report The central bank has asked the commercial banks to keep the lending rate on import financing for nine essential food items at maximum 12 per cent. "We've reminded the banks to continue the interest rates on the items...

Loan defaulter gets clearance from BB

2010-05-07 00:00:00

Mohammad MufazzalA director of a company despite being a loan defaulter was handed a no-objection certificate of the central bank paving the way for his unit to go public. The Credit Information Bureau (CIB) of the Bangladesh Bank issued the...

Dhaka's achievement feted by three banks

2010-05-07 00:00:00

FE reportFinance Minister AMA Muhith has termed the sovereign credit rating a 'big challenge' for Bnagladesh, saying it had necessiated the country to sustain the status."A better credit raing has meant that we have to be more responsible in future...

Changes in IMF, WB policy planning level

2010-05-07 00:00:00

From Fazle Rashid NEW YORK, May 06: Rapid changes in the policy planning level at the International Monetary Fund (IMF) and World Bank (WB) are being made as the situation in eurozone countries continues to deteriorate. Riot erupted in Greece...

Indian help to upgrade BSTI to continue, Mitter tells Barua

2010-05-07 00:00:00

FE ReportIndia will continue to train BSTI officials and upgrade its laboratory, so that the local industries could employ appropriate technologies to attain manufacturing standards to face stiff competition in the market.A Memorandum of Understanding (MoU) on mutual assistance signed...

SEC for three-fold increase of staff

2010-05-07 00:00:00

Kayes M SohelThe understaffed securities regulator is expected to add more muscle to make monitoring of the burgeoning stock market stronger and faster.The Securities and Exchange Commission (SEC) recently wrote to the finance ministry with a proposal to enhance its...

BNP calls half-day hartal in Bogra Sunday

2010-05-07 00:00:00

Opposition BNP has formally announced 4 days of progarmmes including half-day hartal in Bogra on Sunday in protest against the attack on its activists on way to the grand rally in Rajshahi, leaving a BNP activist dead and about 200...

Use of 'renewable energy may ease power crisis'

2010-05-07 00:00:00

FE ReportBangladesh has scopes for easing electricity crisis, especially in remote areas, by ramping up use of renewable energy, said Otto Gomm, programme coordinator of German funded Sustainable Energy for Development, GTZ.He said the country's use of renewable energy is...

Thai PM to dissolve parliament in Sept for polls

2010-05-07 00:00:00

BANGKOK, May 6 (AFP): Thailand’s premier on Thursday outlined plans to dissolve parliament in September for polls aimed at ending a political crisis, but suspicious anti-government protesters demanded a firmer timeline.The “Red Shirts”, who have mounted eight weeks of crippling...

Petrol pump strike from May 9 likely

2010-05-06 00:00:00

Petrol pump and tank lorry owners and workers Wednesday at a representative conference urged the government to accept their 13-point demand by May 8. Otherwise, they threatened a strike for an indefinite period from May 9 at their pumps and...

Biman signs deal with EBL today on syndicated loan

2010-05-06 00:00:00

The state-run Biman Bangladesh Airlines is going to sign an agreement with Eastern Bank Ltd today (Thursday). Under the syndicated 'US Dollar Term' loan agreement, the national flag carrier will receive US$114.49 million as per-delivery payment financing for purchasing two...

BNP activist dies in Natore clash

2010-05-06 00:00:00

BOGRA, May 5: A BNP activist has died from injuries he had sustained in a clash with Bangladesh Chhatra League activists at Singra upazila in Natore. Zakir Hossain, a union-level leader of Bogra BNP, died on his way to hospital...

Country's small farmers 'still neglected'

2010-05-06 00:00:00

FE ReportThe country's small farmers are still neglected although the government's credit disbursement schemes for farming sector continue amid much fanfare, an influential economist alleged Wednesday."Credits are filtered to the big farmers," said Rehman Sobhan, chairman of local think-tank Centre...

Inclusive multilateralism

2010-05-06 00:00:00

Mahmudur RahmanWorld Bank President Robert Zoellick had to choose his words carefully in describing the ambitious combination of voting reforms and capital increase adopted by the bank recently. It was a manifestation of the 'hard' reforms that he had pledged...

Anti-govt movement to be declared from Dhaka rally : Khaleda

2010-05-06 00:00:00

RAJSHAHI, May 5 (UNB): Amid heavy clapping and chanting of slogans, BNP chairperson Khaleda Zia Wednesday declared that programs of anti-government movement will be announced from the party's May 19 Dhaka city grand rally.The anti-government movement will be launched to...