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Separate holidays fixed for shops in seven city zones

2010-02-02 00:00:00

FE ReportThe government divided the capital into seven zones and fixed separate weekly holidays for shops and other business establishments in those zones as part of efforts to address the nagging traffic congestion.The shopowners, however, urged the authorities concerned to...

Govt resorts to old practice of giving guarantee for SOE loans

2010-02-02 00:00:00

Nazmul AhsanThe government has decided to give guarantee for loans amounting to Tk 6.38 billion that the Bangladesh Jute Mills Corporation (BJMC) has sought from the four state-owned commercial banks (SCBs)-- Sonali, Janata, Agrani and Rupali banks.Finance Minister AMA Muhith...

Stock prices bounce back on DSE

2010-02-02 00:00:00

FE ReportStock prices bounced back Monday on the Dhaka Stock Exchange (DSE) amid buying spree and hefty turnover as well.Total turnover also continued making records with Tk 16.9 billion (USD 244.8 million) traded on the back of huge transaction of...

Fresh row with Niko looms

2010-02-02 00:00:00

M Azizur RahmanThe government faces the risk of a fresh round of row with Niko as it is taking gas from the Canadian company operated Feni field for the last three months without any agreement, sources said.The state-owned Petrobangla did...

Amar Ekushey book fair begins

2010-02-02 00:00:00

Amar Ekushey Book Fair 2010 kicked off Monday on the Bangla Academy premises amid festivity and enthusiasm, reports UNB.Prime Minister Sheikh Hasina inaugurated the month-long fair, one of the most clear traditional events, very close to the heart of the...

Teletalk network restored

2010-02-02 00:00:00

The network of state-owned mobile operator Teletalk was restored early Monday after it remained out of order for about 24 hours. The operations resumed at around 2:00am, Md Mojibur Rahman, Teletalk's managing director, told bdnews24.com. He said a portion of...

Five burned to death in Ctg fire

2010-02-02 00:00:00

CHITTAGONG, Feb 1: Five members of a family were burnt alive in a devastating fire at their mud-made house in village Guman Mordan in Hathazari Upazila in the early hours today. The ill-fated deceased are Raju Akhtar (35), wife of...

Washington seminar on investment

2010-02-02 00:00:00

Speakers at a seminar in the USA said that there was enormous potential in Bangladesh for the non-resident Bangladeshis (NRBs) to make investment in various sectors and reap unmatched returns on their money, reports UNB.The seminar titled 'Investment Opportunities in...

Co-financiers' meet on Padma Bridge project begins

2010-02-02 00:00:00

Munima SultanaA three-day meeting of co-financing monitoring committee on the US $ 2.4 billion Padma multi-purpose bridge project began here Monday focusing on mainly crucial river training work (RTW).Officials said there was a briefing on RTW design on the first...

WB mission to review restructured BB project

2010-02-02 00:00:00

FE ReportThe World Bank (WB) will begin an implementation review mission next week to take stock of the progress in the restructured central bank strengthening project, officials said Sunday. A Bangladesh Bank official said the global lender would field a...

SC ruling on 5th Amendment today

2010-02-02 00:00:00

The Supreme Court (SC) has set today (Tuesday) for an order on two petitions against the repeal of the Fifth Amendment, reports bdnews24.com. A full six-member bench, led by Chief Justice Tafazzul Islam, set the date Monday. BNP secretary general...

City Bank arranges Tk 3b credit for petrochemical industry

2010-02-02 00:00:00

FE ReportCity Bank Ltd has arranged a Tk 3 billion credit facility-term loan of Tk 2.24 billion and working capital of Tk 760 million-for Super Petrochemical Ltd. City Bank is the lead arranger of the loan facility, while Alliance Financial...

BB eases coal import by land without SWIFT

2010-02-02 00:00:00

FE Report The Bangladesh Bank (BB) has expanded the value limit in opening letters of credit (LC) for coal import through land ports only, officials said Monday. In view of the new development, importers will be allowed to open LCs...

Two wounded by muggers in city

2010-02-02 00:00:00

FE ReportA sale representative of a private mobile phone operator and an accountant of a chemical company were wounded in two separate mugging incidents at Jurain and Shyamoli in the capital Monday, police said.The muggers also snatched away around Tk...

BNP may join parliament

2010-02-02 00:00:00

Opposition BNP will join parliament on Thursday or Sunday to raise the 'crucial national issues', a front ranking leader of the party told UNB Monday night. BNP Parliamentary Party meeting is being convened on Thursday. "We may join parliament on...

UN to start major Haiti food distribution programme

2010-02-01 00:00:00

The UN is to begin a major programme of food distribution in the Haitian capital Port-au-Prince, almost three weeks after the deadly earthquake, reports BBC.Sixteen sites have been set up across the city with the aim of reaching two million...

Yemen's forces clash with rebels, kill 20

2010-02-01 00:00:00

SANAA, Jan 31 (Reuters): Yemen's armed forces have clashed with Shi'ite rebels in the north, killing 20, state media reported Sunday, a day after the insurgents said they accepted the government's terms for a ceasefire.Yemen, which earlier this month declared...

Pakistan's 'Bunker President' emerges fighting

2010-02-01 00:00:00

ISLAMABAD, Jan 31 (AFP): Months out of the public eye earned him the nickname "Bunker President," but Pakistan's Asif Ali Zardari has made a lively comeback, desperate to drum up support as challenges mount, analysts say. Zardari "is fighting for...

news digest

2010-02-01 00:00:00

Haitian police holding 10 US citizens on suspicion of trafficking children PORT-AU-PRINCE, Jan 31: Haitian police were holding 10 US citizens Saturday evening on suspicion they tried to slip out of the country with 31 Haitian children in a trafficking...

Only a quarter of the inmates guilty

2010-02-01 00:00:00

Only a quarter of the country's 70,000 inmates have been convicted, reports bdnews24.com.According to Brig Gen Ashraful Islam, the inspector general (IG) of prisons (Prisons), only 23 per cent of the inmates have been convicted and the rest were on...

Minister for simplified terms of donor support

2010-02-01 00:00:00

Health and Family Welfare Minister Prof Dr AFM Ruhal Haque Sunday emphasised on simplification of terms and conditions of donor support for smooth implementation of projects, reports BSS."Simplified terms and conditions of donor support can help smooth implementation of projects,"...

Bangladesh now in million tonnes edible oil importers club

2010-02-01 00:00:00

The country's palm oil import in 2009 crossed the million tonnes mark to a total of 1,023,128 tonnes including crude and refined palm oil, reports BSS.Malaysian Palm oil marketing sources said in Dhaka the country saw a record growth in...

Gunmen wound goldsmith in old town

2010-02-01 00:00:00

FE ReportAn armed gang barged into a goldsmith's workplace at Goalnagar in the old town and opened fire on the son of the owner, leaving him fatally wounded Sunday afternoon, police said.Witnesses said five to six youngmen, aged between 15...

Nahid warns against unfair means in SSC exam

2010-02-01 00:00:00

Our CorrespondentChittagong, Jan 31: Education Minister Nurul Islam Nahid today warned the students against adoption of unfair means and copying in the coming secondary school certificate examination.He said that not only the examinees would be expelled for adopting unfair means...

Swapan Saha made press minister

2010-02-01 00:00:00

The government has appointed Swapan Kumar Saha, Chief News Editor of Bangladesh Sangbad Sangstha (BSS), as Press Minister at Bangladesh Embassy in Washington for a two-year term, reports BSS.According to an official notification issued Sunday, the contractual appointment of Swapan...

Australia helps build school for children

2010-02-01 00:00:00

Australian High Commissioner in Bangladesh Dr Justin Lee presented a cheque for Tk 1.8 million (18 lac ) to Chitto Halder of the Society for Lowest Urban Mass on January 28 to help build a school for underprivileged children living...

Obituary

2010-02-01 00:00:00

Proprietor of RS Enterprises and eldest son of late MR Dewan of Dhanmondi residential area Dewan Mokhlesur Rahman breathed his last at Shahid Suhrawardi Hospital in the city at 5:00 pm Friday, says a press release.He was 58. He left...

Art exhibition

2010-02-01 00:00:00

The 11th solo painting exhibition, titled "Simply Art" of Artist Bais Kadir will begin at the city's Drik Gallery today (Monday).Education Minister Nurul Islam Nahid will inaugurate the four-day exhibition at 5.00pm, said a press release.The exhibition will remain open...

JS body for introducing crop insurance for farmers

2010-02-01 00:00:00

The agriculture ministry has been directed to take necessary steps to introduce crop insurance for the farmers so that they could get assistance along with agriculture loans during natural calamities.The Parliamentary Standing Committee on agriculture ministry gave the directive at...

Opposition will return to JS soon, hopes PM

2010-02-01 00:00:00

Prime Minister (PM) Sheikh Hasina has expressed the hope that the opposition BNP would return to Parliament very shortly to make it more effective and vibrant.The PM voiced her optimism when Deputy Secretary General of the Commonwealth Secretariat Ms Masire...