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Dhaka, Delhi likely to sign 'border haat' agreement during PM's visit

2009-11-23 00:00:00

Nazmul AhsanDhaka and New Delhi are likely to sign a 'border haat (market)' agreement during the upcoming visit of Prime Minister Sheikh Hasina to India to ease the hardship of the people residing in either side of the border, particularly...

Dhaka stocks hit new mark on financials, gen insurers

2009-11-23 00:00:00

FE ReportDhaka stocks soared to a new height Sunday as the investors snapped up financials in droves ahead of the Eid-ul-Azha festival in anticipation of year-end good returns, dealers said.The benchmark DSE General Index (DGEN) added 58.33 points or 1.40...

Annisul elected SAARC chamber president

2009-11-23 00:00:00

FE ReportPresident of Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) Annisul Huq has been elected President of the SAARC Chamber of Commerce and Industry (SCCI) for the 2010-2011 term.The Board of Directors of FBCCI at an emergency meeting...

5.2m VGF card holders won't get free food

2009-11-23 00:00:00

FE ReportThe government is going to bring about a major change in its vulnerable group feeding (VGF) programme, dropping about three-fourths of the listed beneficiaries from providing food free of cost."We are formulating a new policy guideline in a bid...

Experts for bilateral talks to settle maritime dispute

2009-11-23 00:00:00

FE ReportThe government should resolve maritime dispute with India and Myanmar through bilateral talks as arbitration at the United Nations may not yield desired result, experts said Sunday. They made the observation at a dialogue in the city more than...

Pvt sector credit falls sharply

2009-11-23 00:00:00

Siddique Islam Credit to private sector dipped below 14 per cent in September -- the first time in about two years -- as lending to new factories dried up due to an acute energy crisis and a major fall in...

Import revenue grows in Oct

2009-11-23 00:00:00

Doulot Akter MalaRevenue from import duty grew in October after a declining trend in the first quarter (July-Sept) of the current fiscal thanks to increased car import and waning global recession. Commodity prices in the international market have been increasing...

FICCI again demands Mon to Fri work week

2009-11-23 00:00:00

FE ReportForeign investors Sunday reiterated their demand of introducing the Monday to Friday work week, saying Bangladesh should remain aligned with the rest of the world."Friday also should be a working day, if we want to remain aligned with the...

Fire burns 800 shanties in city, one killed

2009-11-23 00:00:00

FE ReportA housewife was killed after being knocked down by a train when she was escaping from a devastating fire that broke out at Mogbazar Wireless slum in the city early Sunday gutting 800 shanties.Fire Brigade sources said the fire...

Hasina sends Eid greetings to Khaleda

2009-11-23 00:00:00

Prime Minister Sheikh Hasina sent an Eid-ul-Azha greetings card to Leader of the Opposition in Parliament and BNP chief Khaleda Zia Sunday. PM's protocol officer Proloy Kumar Joaddar handed over the greetings card to the Leader of the Opposition's personal...

Four children die as riverbank caves in

2009-11-23 00:00:00

At least four children were killed when soil caved in as they were playing on bank of river Karotoa in Sirajganj Saturday afternoon. Local people identified the victims as Arman (8), son of Abul Kashem, Rafikul (7), son of Abdul...

Businesses sceptical over success of govt move

2009-11-23 00:00:00

M Azizur RahmanBusinesses are sceptical over success of the government initiative to launch weekly holiday staggering in gas guzzling industries saying the industries already in strain due to energy supply crunch would bear the brunt of the new move.They said...

Govt database to battle price spiral

2009-11-23 00:00:00

FE ReportThe government has taken a move to cross-check the demand, supply and import of essential commodities to rein in the prices in the local market ahead of the Eid-ul-Azha festival. A high-powered committee will prepare a database on the...

Shrimp exports face key test in Jan

2009-11-23 00:00:00

Monira MunniBangladeshi frozen food export faces a key test in January when a top EU team will visit fish farms and processing plants here to find out whether the country produces match the quality required by European consumers. Exporters and...

Fishermen in offshore islands most vulnerable to cyclones, rough sea

2009-11-23 00:00:00

Mashiur RahamanFishermen communities in 72 offshore islands who are struggling to sustain their mere existence are most vulnerable to frequently striking cyclones and rough sea, experts said.Total 0.5 million households of fishermen along with about 2.7 million family members depend...

Visa translation adds to woes of expatriates in

2009-11-23 00:00:00

S Arabia FE ReportThe Bangladeshi expatriates working in Saudi Arabia face a major hassle of translating the Arabic part of their visas into English just to know the date of their departure, when they intend to leave the host country....

Tax offices asked to net addl 425,000 taxpayers by this fiscal

2009-11-22 00:00:00

The National Board of Revenue (NBR) has given each tax office a target to help bring an additional 425,000 new individuals under the tax net by the end of this fiscal. The NBR has set the target for 16 tax...

Manpower export policy for Iraq framed

2009-11-22 00:00:00

FE ReportThe government has framed an exclusive manpower export policy for Iraq as it attempts to put a lid on fraud that characterises Bangladesh's overseas recruitment sector, officials said Saturday. They said the 16-point policy aims to better protect potential...

Many reputed rating cos in US under fire

2009-11-22 00:00:00

From Fazle RashidNEW YORK, Nov 21: Everything seemingly have gone awry during the devastating economic meltdown. Many have failed to keep their cool under growing pressure. Three very reputed rating companies have come under fire. The number of ragulators at...

Dhaka world's third most air polluted city

2009-11-22 00:00:00

FE ReportDhaka is the third most air polluted city in the world in terms of total suspended solids (TSP) concentration, caused by emissions from motor vehicles and brick kilns.It was revealed in an international seminar on "Air Pollution: Perspective Dhaka",...

DMP to enforce automatic signal system

2009-11-22 00:00:00

FE ReportDhaka Metropolitan Police would enforce series of traffic rules from Sunday and fully implement automatic signal system after more than a decade to ease chronic congestion in the city, its chief said.DMP commissioner AKM Shahidul Hoque told the FE...

AI urges Bangladesh to commute death sentences

2009-11-22 00:00:00

Amnesty International (AI) has urged Bangladesh not to execute five convicted killers, former army officers, sentenced to death for the assassination of Bangladesh's founder Sheikh Mujibur Rahman, reports bdnews24.com. The international human rights watchdog said that the murder of Sheikh...

Obama's Asia visit

2009-11-22 00:00:00

President Barack Obama's week-long visit to Japan, Singapore, China and South Korea, from November 13-19, marks a new turn in the relations of the United States with the countries of the Pacific Rim, with China as the centerpiece of the...

Building an elevated expressway to ease traffic jams

2009-11-22 00:00:00

Shahiduzzaman KhanTHE cabinet committee on economic affairs last week gave the much-cherished nod for constructing the proposed Dhaka City Elevated Expressway under Private Public Partnership (PPP) initiative to ease traffic congestions in the capital. The committee has asked the communications...

Prospects of the real estate sector

2009-11-22 00:00:00

Amirul IslamReal estate sector developers have played an appreciable role in adding to the home ownership of a large number of people in Dhaka city. From building comfortable multi-storied buildings with modern amenities within a reasonable time period and then...

Micro-credit operations

2009-11-22 00:00:00

MICRO-credit should be provided only to the ultra poor and poor. But studies conducted by development agencies from time to time show micro-credit is given to the well-off as well. And the interest charged on publicly run micro credit programmes...

Make bus services respectable please

2009-11-22 00:00:00

The quality of the buses plying the Motijheel-Uttara route have become too below-standard for some reason. It coincides with the coming to power of the Awami League government beginning this year. One wonders if there is any link. Have the...

ustice has been delayed but not denied

2009-11-22 00:00:00

The judgement delivered on Thursday is a new milestone for the nation. After 34 years of uncertainties, manipulation and agonising delay, the legal process of the Bangabandhu Murder Case has come to an end. Evidently in this case justice has...

The great geopolitical battle over energy transit routes

2009-11-22 00:00:00

Philip H. de LeonAs we all live in the present, it is very hard to fully assess the future implications of decisions supported or made by political and business leaders. An extraordinary game of geo-strategy is under way to lock...

A relief from a grief

2009-11-22 00:00:00

Maswood Alam KhanOne day I asked Sheikh Kamal, my classmate at Dhaka College in 1968-1969: "Your father has been spending most of his time in prisons for his political belief. How do you feel with your father not around?" His...