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Ground realities remain unchanged

2010-03-14 00:00:00

Shahiduzzaman KhanTHE tanneries at Hazaribagh that were scheduled to be relocated to Savar is once again facing trouble as the government has sought from the High Court two more years to accomplish the job. It may be mentioned that the...

Suppliers pushing prices up?

2010-03-14 00:00:00

Zahid Hossain and Farria NaeemKeeping the prices low ought to be a priority area for the government. It is, therefore, important for it to continually monitor the market to design its policy responses to keep the prices where they should...

Rewards for failures!

2010-03-14 00:00:00

While the common people groan under the growing burden of essential prices the Prime Minister, the ministers, the President and the lawmakers have got their emoluments nearly doubled, according to media reports.But what have these lucky people done to get...

Development funds for MPs

2010-03-14 00:00:00

The government would, according to media reports, allocate to each member of parliament (MP) Taka 150 million for development activities in his or her constituency. Collectively they would be given Taka 47 billion for the purpose. Clearly, the funds will...

Glaring gap between words and deeds

2010-03-14 00:00:00

THE proverbial gap between the words and the deeds is glaring in Bangladesh. The ruling party's top functionaries pledged, time and again, that the reduction of prices would be their highest priority once they go to power. If words were...

Getting value out of ADPs

2010-03-14 00:00:00

M. U. AhmedANNOUNCEMENT at the beginning of a fiscal year about impressive size of the Annual Development Programme (ADP) does hardly serve any purpose if its implementation rate continues to trail well behind target. The rate of ADP implementation must...

Speedy trial, severe punishment can prevent acid throwing

2010-03-14 00:00:00

MS SiddiquiACID throwing or vitriolage is a crime of violent assault against another person. Acid is a chemical compound that can burn and case damage.Acid throwing, a common crime in South Asia and Indo China, calls for serious legal deterrent.As...

Restoring DU's old fame as 'Oxford of the East'

2010-03-14 00:00:00

Pulok DebnathIN earlier times, Dhaka University (DU) was treated as 'Oxford of the East' and of course, mainly the students of this university of that time proved to the evaluators that DU deserved that dignity. Though the advanced technology and...

A handbook to learn English

2010-03-14 00:00:00

M A IslamM Ahsan Ullah Khan's Steps Towards English is a book written with a view to benefiting the beginners who want to develop their proficiency in English language.Mr. Khan, an English language teacher and regular English news presenter of...

Asian stocks rise for third week

2010-03-14 00:00:00

TOKYO, March 13 (Bloomberg): Asian stocks rose, driving the MSCI Asia Pacific Index higher for a third week, as better-than- estimated US jobs data and easing concern over Greece's debt spurred confidence in a global economic recovery.Nissan Motor Co., which...

Wall Street faces Fed meeting with momentum

2010-03-14 00:00:00

NEW YORK, March 13 (AFP): Wall Street stocks are set to build on nearly year-and-a-half highs as they face next week's key economic reports and the US Federal Reserve's monetary policy meeting. "We are in the process of testing our...

CMA hints trigger rise in Saudi stocks

2010-03-14 00:00:00

JEDDAH/AMMAN: Saudi stocks extended gains last week, led by the petrochemical and banking sectors, particularly the Saudi Basic Industries Corp. (SABIC) that closed the week at a 14-month high.The Tadawul All-Share Index (TASI) gained 1.35 per cent on weekly basis,...

Commodity prices mixed amid unclear demand outlook

2010-03-14 00:00:00

LONDON, March 13 (AFP): Commodity prices diverged this week as traders reacted to a mixed demand outlook for raw materials.OIL: World oil prices rose this week as traders eyed demand concerns, the US dollar and hopes of global economic recovery....

Dollar falls against euro amid rumors of Greek aid plan

2010-03-14 00:00:00

NEW YORK, March 13 (AFP): The dollar fell against the euro yesterday as investors shrugged off a stronger-than-expected US retail sales report and mulled rumors of a European plan to help debt-stricken Greece. The euro was changing hands at 1.3761...

Oil prices slip

2010-03-14 00:00:00

NEW YORK, March 12 (AFP): Oil prices fell today after news of a surprise decline in US consumer confidence in the world's biggest oil- consuming nation stirred concern about energy demand. New York's main contract, light sweet crude for April...

US retail sales beat blizzards with surprise rise

2010-03-14 00:00:00

WASHINGTON, March 13 (AFP): The storied American consumer braved blizzards and economic headwinds to shop in February, unexpectedly pushing up retail sales for the second straight month, official data showed yesterday. Retail and food service sales rose 0.3 per cent...

Food inflation slides to 17.81pc, fuel prices rise in India

2010-03-14 00:00:00

NEW DELHI, Mar 112 (PTI): Food inflation eased a bit to 17.81 per cent during the last week of February, but may not soothe overall inflation as petrol and diesel prices have risen sharply following the hike in duty rates....

India condemns blasts in Lahore as death toll rises to 57

2010-03-14 00:00:00

NEW DELHI, Mar 13 (AFP): India Saturday condemned the bomb blasts in the Pakistani city of Lahore which claimed at least 57 lives as 'acts of terrorism'."The government unequivocally condemns the series of bomb blasts in Lahore which claimed the...

Anti-govt protesters head for Bangkok

2010-03-14 00:00:00

BANGKOK, Mar 13 (AP): Thousands of red-shirted anti-government demonstrators converged on the Thai capital from the north and northeast Saturday, vowing to oust the government in a mass do-or-die display of muscle.Although protest leaders stressed they would not resort to...

Maliki picks up steam in bid to retain post

2010-03-14 00:00:00

BAGHDAD, Mar 13 (AFP): Iraqi Prime Minister Nuri al-Maliki's bid to retain his job picked up steam Saturday, as early results put him ahead in the key Baghdad constituency and his bloc took its first steps toward forming a government.While...

US slams rights abuses in China, N Korea, Iran

2010-03-14 00:00:00

WASHINGTON, Mar 13 (AFP): The United States (US) has issued a new report saying China and Iran's rights records had worsened, and raising alarm about growing anti-Semitism worldwide and discrimination against Muslims in Europe.In its annual report on human rights...

Swedish House labels Armenian killings in Turkey genocide

2010-03-14 00:00:00

The Swedish parliament's passage of a resolution recognizing the killings of Armenians by Ottoman Turks as genocide is drawing strong condemnation from Ankara. The vote comes after the U.S. Congress's Foreign Affairs Committee passed a similar motion earlier this month,...

Health care imbroglio delays Obama Pacific trip

2010-03-14 00:00:00

WASHINGTON, Mar 13 (AFP): The fierce and fateful battle over health care reform has forced President Barack Obama to delay his departure on a trip to Indonesia and Australia by three days, to March 21.Obama spokesman Robert Gibbs made the...

news digest

2010-03-14 00:00:00

Bomb blast kills six civilians in AfghanistanKABUL, Mar 13: A roadside bomb exploded in central Afghanistan Saturday, killing six people travelling in a civilian vehicle, the interior ministry said. The blast occurred in Tirin Kot, the capital of Uruzgan province,...

Capital Mkt Training Institute to help develop human resources

2010-03-14 00:00:00

FE ReportChittagong Stock Exchange in collaboration with the Securities and Exchange Commission organized a two day training programme for the new entrants of the Authorized Representatives of CSE brokerage houses in Chittagong Saturday.Inaugurating the training session, Mr. Muhammad Yasin Ali,...

PRAN wins National Export Trophy (Gold)

2010-03-14 00:00:00

PRAN Agro Limited achieved the Best Export Trophy (Gold) for the FY 2007-2008, said a press release. Prime Minister Sheikh Hasina handed over the trophy to PRAN Group Chief Executive Amjad Khan Chowdhury at Osmani Memorial Auditorium in the city...

Pubali Bank branch managers asked to achieve business target

2010-03-14 00:00:00

Our CorrespondentRAJSHAHI, Mar 13: Deputy General Manager of Pubali Bank Ltd Safiul Alam Khan Chowdhury said that branches which were incurring losses would be closed down, if they failed to earn profit within December next.He was speaking as the chief...

AB Bank joins central bank for refinancing on solar energy

2010-03-14 00:00:00

FE ReportAB Bank Ltd signed an agreement with Bangladesh Bank (BB) for joining 'Solar Energy, Bio-Gas, and Effluent Treatment Plant Refinance Scheme' at the central bank's head office in the city recently.Kaiser A Chowdhury, president and managing director (MD) of...

Eastern Bank holds meeting with women entrepreneurs

2010-03-14 00:00:00

In observance of the Int'l Women's Day, Eastern Bank Ltd. (EBL) SME Division organised a meeting at its Banani branch in the city recently with leading women entrepreneurs of the country to exchange views on their various problems.Women entrepreneurs Subarna...

First ever fair to boost sales of flats in Cox's Bazar, Kuakata, Sylhet

2010-03-14 00:00:00

FE ReportThe country's first ever housing fair for companies building apartment houses in prime tourism spots begins in the city on March 18 to woo clients seeking to spend quality leisure time in quality surroundings.At least 64 companies will be...