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Hasina pays rich tribute to Jyoti Basu

2010-01-20 00:00:00

KOLKATA, Jan 19 (UNB): Prime Minister Sheikh Hasina along with a number of top Bangladesh leaders paid glowing tributes to veteran Marxist and longest-serving Chief Minister of West Bengal Jyoti Basu at high-profile state funeral at Bidhansabha Bhaban Tuesday.Indian ruling...

Export ban on raw jute relaxed furtherFE Report

2010-01-20 00:00:00

The government has further relaxed the export ban on raw jute despite the scarcity of the fibre in the domestic market.Under the move, the government has allowed export of entire raw jute, for which letters of credit (LCs) were opened...

Cold wave, fog wreak havoc on agriculture

2010-01-20 00:00:00

Jasim Uddin Haroon The ongoing severe cold wave and dense fog sweeping across the country have wreak havoc on the cultivation of potato, winter vegetables and Boro paddy, agricultural experts said.The four to five-day cold spell is likely to impact...

Ctg port looks to partner with Malaysia's Penang

2010-01-20 00:00:00

FE Report Chittagong port looks to build strategic partnership with the Malaysian Penang port as the government moves to modernise the country's main gateway by sea, Shipping Minister Shahjahan Khan said Tuesday.He said Bangladesh was keen to make Malaysia's Penang...

Dhaka stocks continue to gain

2010-01-20 00:00:00

FE ReportDhaka stocks closed higher for the fourth straight session amid minor fluctuation Tuesday, lifted by Grameenphone and insurers.The DSE General Index (DGEN), the market's main gauge, gained 33.35 points or 0.67 per cent to end at 4956.73, after touching...

JS passes Fish and Animal Feed Bill

2010-01-20 00:00:00

Jatiya Sangsad (JS) passed the 'Fish and Animal Feed Bill-2009' Tuesday with provision for ensuring production, supply and marketing of quality feed for fish and animals. Fisheries and Wildlife Resources Minister Abdul Latif Biswas proposed the passage of the bill...

Using revenue stamp during payment a must

2010-01-20 00:00:00

The government has urged all to follow the relevant clause of the stamp act and use the 5.00 taka revenue stamp in case of payments against every debt or claim for any amount above Tk 200. An official handout said...

More road shows this month to woo FDI in power sector

2010-01-20 00:00:00

The Power Development Board (PDB) will arrange two more road shows to woo foreign funds for power and energy sector. A PDB official said Tuesday that the first one would be held at Pan Pacific Hotel, Singapore on January 25...

Cold wave may continue for 2/3 days

2010-01-20 00:00:00

FE ReportThe severe cold wave that has gripped the country over the last few days is likely to continue for the next 72 hours, Met Office said Tuesday while forecasting a further fall in temperature by 1 to 2 degrees...

US wants more students from B'desh: Moriarty

2010-01-20 00:00:00

US Ambassador James F Moriarty said he wanted to see 20,000 students from Bangladesh in his country each year over the next one decade, reports UNB.The US diplomat disclosed some new initiatives for bolstering cooperation while addressing as the guest...

EU team on crucial shrimp farm visit, exporters wary

2010-01-20 00:00:00

FE ReportA top EU (European Union) team arrived in the country on Monday to visit fish farms and processing plants to find out whether the country's produces match the quality required by European countries. The three-member team comprising Bruno Brigaudeau,...

Two Pakistanis held with Tk 1.3m forged Indian rupee

2010-01-20 00:00:00

FE ReportTwo Pakistanis and a local were arrested with forged Indian currency worth over Tk 1.3 million from a residential hotel at Malibagh in the city Monday, the police said.Detective Branch (DB) of police disclosed this at a press briefing...

NBR goes further deep to fetch income tax

2010-01-20 00:00:00

Doulot Akter MalaThe National Board of Revenue (NBR) will conduct an internal survey in public and private companies, non-government organisations (NGOs) and educational institutions in a bid to boost income tax collection and widen tax net in the current fiscal....

RMG buyers worried as minimum wage issue remains unsettled

2010-01-20 00:00:00

Munima SultanaA number of leading international buyers of the country's apparel and textile products have expressed their anxiety at the reluctance of the authorities concerned in reviewing the minimum wage of workers. The living cost has increased significantly since the...

Himalayan glaciers to disappear by 2035: A flawed estimate

2010-01-20 00:00:00

From Fazle Rashid NEW YORK, Jan 19: United Nations Intergovernmental Panel on Climate Change which shared the Nobel Prize with former Vice-President Al-Gore was roundly criticised for predicting that Himalayan glaciers would disappear by 2035 if present warming trends continued....

Faruque, Mohiuddin submit review petitions

2010-01-20 00:00:00

At last, the remaining two death-row convicts in the Bangabandhu murder case - Lt Col (sacked) Syed Faruque Rahman and Lt Col (retd) Mohiuddin Ahmed (artillery) - Tuesday submitted their petitions to the apex court for a review of its...

Shoring up agriculture

2010-01-20 00:00:00

AGRICULTURE continues to be a dominant player in the Bangladesh economy despite continuous decline of its relative share in gross domestic product (GDP). Over 60 per cent of the country's population is still dependent on agriculture and related farm and...

Can tax curb tobacco use?

2010-01-20 00:00:00

Dr. Golam Md. MunirCan taxation the most effective price measure on the demand side interventions, curb consumption? And can it create a tobacco free environment? Or, the supply side intervention could be utilised to better control tobacco consumption. Bangladesh is...

Private medical care

2010-01-20 00:00:00

Parveen HaqueThe growing private sector medical service providers are cattering to health needs of a large number of people. The private sector has made a place for itself in the business. The ground realities would support its further growth.The private...

Ineffective Consumers Rights Protection Act

2010-01-20 00:00:00

The Consumers Rights Protection Act-2009 that was adopted last year raised a great deal of expectation. First of all, the legislation has a long and harried history. It was conceived from greater consumer awareness and media pressures amid mounting agonies...

Why the upazilla election?

2010-01-20 00:00:00

Both the BNP and the Awami League stated in their election manifestos only a year ago that they would work for decentralisation and development of the local government on going to power. But these commitments seem to have been made...

Ganges water and Tipaimukh Dam

2010-01-20 00:00:00

On the eve of the visit of Prime Minister Sheikh Hasina to India and during her presence in New Delhi our attention was drawn to newspaper reports: Indian Prime Minister Dr. Manmohan Singh has assured visiting Prime Minister Sheikh Hasina...

Revisiting our judiciary

2010-01-20 00:00:00

Shamsher ChowdhuryI am neither an expert on legal affairs nor on justice and workings of the judiciary. Over the years however I have been a keen observer of the processes and pattern of the workings of our legal systems and...

The role of consumers and trade bodies in practising CSR

2010-01-20 00:00:00

Hafeejul AlamCORPORATE Social Responsibility (CSR) is currently a key concept of the corporate world. The subject is still a nascent one. As a concept, CSR is being defined and debated in business and academic circles around the globe. One definition...

Rural markets: Fuelling the growth of agriculture and rural economy

2010-01-20 00:00:00

Asif Mahfuz NGO activities, mainly in the areas of micro credit, capacity building and women empowerment, along with increasing farm yield, have helped evolution of a consumer class in the rural Bangladesh. Rural markets are the main places where the...

Asian stocks drop for second day, metals rise, dollar weakens

2010-01-20 00:00:00

TOKYO, Jan 19 (Bloomberg): Asian stocks fell for a second day, led by shares of banks and technology companies, on concern earnings growth will slow. Metals rose and the dollar declined. The MSCI Asia Pacific Index lost 0.4 per cent...

Yamaha may resurrect RX 100 in four-stroke

2010-01-20 00:00:00

MUMBAI, Jan 19 (Business Standard): India Yamaha Motors, a subsidiary of the Japanese biking giant, is working on a relaunch of its once-popular model, the RX 100.The company is examing various options, such as engine type and styling. However, sources...

Google must respect laws: China

2010-01-20 00:00:00

BEIJING, Jan 19 (Reuters): Foreign firms, including Google, must respect Chinese laws and customs, China's foreign ministry spokesman said Tuesday, a week after the world's largest search engine said it might pull out of China due to hacking and censorship.Ma...

Sony to sign deal with Simon Cowell

2010-01-20 00:00:00

LONDON, Jan 19 (Reuters): Sony Music Entertainment will announce a five-year deal with British show business entrepreneur Simon Cowell Tuesday, the Financial Times reported.Sony Music will exchange its 100 per cent ownership of Cowell's record label Syco for a 50...

Bharti leaves MTN saga behind, takes new calls

2010-01-20 00:00:00

LAGOS, Jan 19 (Economic Times): Twice bitten, Bharti Airtel will shy away from making any more moves at acquiring South African telecom giant MTN, although it will continue to look at other take over targets, especially state-run telecom firms in...