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BPC unable to clear all duty-taxes despite oil price fall in int'l market

2009-12-11 00:00:00

FE ReportCash-starved Bangladesh Petroleum Corporation (BPC) is still unable to clear all duty-taxes to the revenue exchequer despite significant fall in oil prices in the international market. The National Board of Revenue (NBR) has outstanding dues worth Tk 4.0 billion...

BCI demands return to standard time from DST

2009-12-11 00:00:00

FE ReportBangladesh Chamber of Industries (BCI) urged the government to revert to the country's previous standard time from the ongoing day-light saving time (DST), considering the problems the people have to face due to this changed time.The demand came in...

Standard Bank holds 68th EC meeting

2009-12-11 00:00:00

Standard Bank Limited (SBL) held its 68th executive committee (EC) meeting at the bank's head office in the city Wednesday, said a press release. SBL Executive Committee Chairman Ferdous Ali Khan presided over the meeting. Among others, Managing Director SA...

Siemens launches US $100m initiative for anti-corruption

2009-12-11 00:00:00

FE ReportSiemens AG will distribute funds totaling US$100 million, over 15 years, to nonprofit organizations worldwide that promote business integrity and fight corruption.Applications for funding must be submitted to Siemens at latest by January 31, 2010, according to a statement...

PM for political empowerment of women

2009-12-11 00:00:00

Prime Minister (PM) Sheikh Hasina has underscored the need for political empowerment of the country's womenfolk for ensuring their contribution to economic activities for elevating their social dignity.The PM said this while addressing a function organised by the Ministry of...

EC mulls projection meetings for DCC mayoral candidates

2009-12-11 00:00:00

The Election Commission (EC) is mulling holding projection meetings for the candidates of the mayoral post ahead of the Dhaka City Corporation (DCC) election to help reduce their campaign expenses, a commissioner said Thursday. "The Commission is planning to hold...

Bangladesh 'global leader' in dealing Disaster Risk Reduction

2009-12-11 00:00:00

Bangladesh has secured itself the recognition of being a global leader in dealing with disasters and climate change through the extension of the Comprehensive Disaster Management Programme (CDMP) for another five years. The new phase of the CDMP-a joint initiative...

Govt contemplates law to 'curb domestic violence'

2009-12-11 00:00:00

Home Minister Advocate Sahara Khatun has said the government is contemplating a new law to control domestic violence in the country."There are many laws in our country to control violence against women… the need is for their proper implementation," she...

President urges military, civil professionals to work hard with patriotism

2009-12-11 00:00:00

President Zillur Rahman has called upon country's military and civil professionals to work hard with a deep sense of patriotism for the cause of the nation.The President made the appeal while a 55-member delegation of the National Defence College (NDC)...

BCL leader shot in city

2009-12-11 00:00:00

FE ReportA leader of Suhrawardy College unit of Bangladesh Chhatra League (BCL) was shot and wounded on the college campus in the city Thursday afternoon, police said.Witnesses said one Kartik came in and opened fire on Gazi Sarwar Hossain Babu...

Rajkhowa secured Bangladeshi passport 'with ease'

2009-12-11 00:00:00

Arabinda Rajkhowa, the recently detained chairman of the Indian insurgent outfit United Liberation Front of Assam (ULFA), acquired a Bangladeshi passport with few hurdles, using a fake name and address, detectives said, reports bdnews24.com. They said Rajkhowa had posed as...

Bangladesh still upbeat about their target of SAFF crown

2009-12-11 00:00:00

Bangladesh is upbeat about their target of clinching SAFF crown that will be decided Sunday (Dec 13) at the finale of the South Asian football extravaganza at Bangabandhu National Stadium, reports UNB.Addressing a semifinal pre-match press conference at the Bangladesh...

Mohammedan, Abahani make good start

2009-12-11 00:00:00

League leaders Moha-mmedan SC and holders Abahani Limited made good start in the six-team super league of the Ispahani Tea Dhaka Metropolis Premier Division Cricket that began Thursday, reports UNB.Both the matches started late due to foggy weather and reduced...

Last 16 cast-list complete as Barca, Inter go through

2009-12-11 00:00:00

PARIS, Dec 10 (AFP): Holders Barcelona and Inter Milan secured their places in the Champions League knock out stages at the last throw of the dice on Wednesday. Joining this pair on the final batch of group games were Stuttgart...

Lanka-Maldives match always a pressure game: Lankan skipper

2009-12-11 00:00:00

Maldives have three good strikers but Sri Lanka have four defenders to restrict them, Lankan skipper Chathcira Maduranga Weerasinghe said Thursday ahead of the first semifinal of the SAFF Championship between the two island nations on Friday at 4 pm,...

Messi in World Club fitness race

2009-12-11 00:00:00

KIEV, Dec 10 (AFP): Lionel Messi, who scored the winner for reigning champions Barcelona in Wednesday's 2-1 win over Dynamo Kiev, faces a race to get fit for the start of the Club World Championship after suffering an ankle knock,...

Teams aim for batting revival in decider

2009-12-11 00:00:00

If this series could be a template for all cricket contests over the next decade, we might be in for fun times; so cruel has been the bat's rule over the sport over the last decade. Bowler-dominated series have become...

Rich countries need to slash carbon pollution to over 40pc

2009-12-11 00:00:00

COPENHAGEN, Dec 10 (AFP): The world's major emerging economies led by China are calling for a "binding" amendment to the Kyoto Protocol requiring rich countries to slash carbon pollution by more than 40 percent compared to 1990, according to a...

BB mulls creating fund to finance carbon trading

2009-12-11 00:00:00

FE ReportBangladesh Bank Governor Atiur Rahman said the central bank is contemplating on creating a fund to finance carbon trading and asked the commercials banks to support carbon emission trapping projects in order to benefit from the credits of the...

Govt to give spl incentive to eco-friendly industries

2009-12-11 00:00:00

FE ReportThe industries ministry has proposed special incentive in the draft industrial policy for setting up eco-friendly industrial units and effluent treatment plants, said Industries Minister Dilip Barua Thursday."We are going to formulate an environment-friendly industrial policy as we are...

China seeks lifting of import ban on its powdered milk

2009-12-11 00:00:00

Doulot Akter MalaThe Chinese government has asked Bangladesh to withdraw the ban on import of powdered milk claiming that it has ensured quality by taking action against tainted milk producers.The government last year had imposed ban on three Chinese brands...

ERD asked to finalise loan deals with foreign lenders

2009-12-11 00:00:00

FHM Humayan KabirThe communications ministry Thursday asked the economic relations division to obtain firm loan commitments from the lenders including the World Bank as it wants to float tender for Padma Bridge construction early next year, officials said.Communications minister Syed...

Bank charges, fees to be rationalized

2009-12-11 00:00:00

Siddique Islam The central bank is going to rationalise charges, fees and commissions for maintaining saving accounts by commercial banks aiming to protect the depositors' interest, officials said Thursday.As part of the move, the Bangladesh Bank (BB) senior officials met...

Move to generate power thru' RPPs hits snag

2009-12-11 00:00:00

FE ReportA government move to generate 530 megawatt (mw) of electricity through installation of eight rental power projects (RPPs) under private initiative faces yet another blow due to delay in the project awarding process. Although bids for five RPPs were...

Financials drive DGEN to new mark

2009-12-11 00:00:00

FE ReportThe benchmark DGEN hit a new mark Thursday for the first time in a week, led by financials spurred by securities regulator's move to reshuffle the margin loan ratio on securities with price earning ratio 75.The market opened sharply...

BNP to announce new committee next week

2009-12-11 00:00:00

The new BNP committee will be announced by next week, a senior BNP leader said Thursday, reports bdnews24.com. "The party chairperson will nominate the right person as secretary general," BNP vice-president Tariqul Islam told reporters at the party headquarters at...

Three lynched in Chittagong

2009-12-11 00:00:00

CHITTAGONG, Dec 10: Three unidentified dacoits were lynched at Hathazari of the district in the early hours Thursday. Another dacoit was severely injured. The police said some eight to 10 dacoits went to Peshkarhat market under Hathazari Upazila at about...

Plea to exempt Magura Paper Mills from VAT

2009-12-11 00:00:00

Bangladesh Chemical Industries Corporation (BCIC) urged the National Board of Revenue (NBR) to exempt Magura Paper Mills Limited from paying VAT (value added tax) for next three years to avert its closure that was likely to create social disorder and...

Six killed, 30 hurt in Ctg road crashes

2009-12-11 00:00:00

CHITTAGONG, Dec 10: Six people, including two children, were killed and 30 others injured in separate road crashes in Boalkhali and Sitakundu upazilas Thursday morning. Witnesses said four people were killed and 20 others injured in a road accident on...

Dense fog disrupts flight, ferry services

2009-12-11 00:00:00

FE ReportInternational flight operations at Zia International Airport (ZIA) and ferry services on Mawa-Kawrakandi and Paturia-Doulatdia routes were disrupted for hours Thursday due to dense fog, officials said.An official of ZIA told the FE that no flight landed at and...