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Preparations afoot for Biswa Ijtema

2010-01-04 00:00:00

Preparations are afoot to hold the three-day Biswa Ijtema at the outskirts of the capital city on the bank of the river Turag from January 22, reports BSS. Devotees will, however, start gathering at the world Tablig congregation venue at...

BB governor upbeat on achieving projected economic growth

2010-01-04 00:00:00

Our CorrespondentCHITTAGONG, Jan 03: Bangladesh Bank Governor Dr Atiur Rahman said Sunday Bangladesh economy headed towards a positive turn in spite of the global economic recession. The country saw a record reserve of foreign exchange and the flow of inward...

Physicians urged to be more dedicated in providing services to save lives

2010-01-04 00:00:00

Health and Family Welfare Minister Dr AFM Ruhal Haque Sunday called upon the physicians to be more dedicated in providing emergency services to the people for saving lives, reports UNB."Physicians can save many lives by promptly providing emergency services according...

ACC arrest six persons in Dec

2010-01-04 00:00:00

The Anti-corruption Commission (ACC) arrested six persons from different parts of the country on charges of taking bribe during the month of December, reports BSS. The ACC said that a special team of the committee arrested acting assistant settlement officer...

Students-hawkers clash leave six injured at DU

2010-01-04 00:00:00

FE ReportA group of students of Dhaka University clashed with hawkers at Bakushah Market in the city's Nilkhet area over price of books that left at least six people injured.Witnesses and police said a student of the country's leading public...

Obtains PhD

2010-01-04 00:00:00

Our CorrespondentGAZIPUR, Jan 03: Senior Scientific Officer of Bangladesh Agricultural Research Institute Md Monirul Islam has obtained PhD degree from Bangabandhu Sheikh Mujibur Rahman Agricultural University, Gazipur. He conducted a research titled 'Integrated nutrients management for homestead gardening in Gazipur'...

Dyeing factory burnt, Tk 60m lost in city

2010-01-04 00:00:00

FE ReportA dyeing factory at the city's Shyampur BSCIC area was burnt to ashes in a devastating fire that gutted valuables worth Tk 60 million early Sunday, firefighters said.An official from the Fire Brigade said the fire originated from a...

Tangail press club election held

2010-01-04 00:00:00

Our CorrespondentTANGAIL, Dec 03: Advocate Khan M Khaled (Editor of weekly Purbakash) and Kamanashish Shekher (Prothom Alo) have been elected president and general secretary of Tangail press club respectively. The election was held at Press Club Bhaban last week.The other...

Govt chooses to borrow more thru’ savings tools

2010-01-04 00:00:00

Siddique Islam The government's borrowing from the banking system in the first-half of this fiscal has declined following increased net sale of national savings directorate (NSD) certificates. The government's net bank borrowing dropped by 21.91 per cent to Tk 61.46...

Death warrants issued against Bangabandhu killers

2010-01-04 00:00:00

A Dhaka court Sunday issued death warrants against five of the 12 condemned ex-army officers for the August 15, 1975 assassination of Bangladesh's founder Bangabandhu Sheikh Mujibur Rahman along with most of his family members in a military putsch, reports...

PM turns down proposal to convert TCB into a plc

2010-01-04 00:00:00

Nazmul AhsanThe government has turned down a proposal to convert the Trading Corporation of Bangladesh (TCB) into a public limited company (plc) and offer its 30 per cent stake to general investors, officials in the Prime Minister's Office (PMO) said.The...

Govt re-launches family savings certificates

2010-01-04 00:00:00

Doulot Akter MalaThe government has re-introduced family savings certificates (FSCs) ranging from Tk 10,000 to Tk 1.0 million with a maximum 12 per cent interest rate.The finance ministry has issued a gazette re-launching the savings instrument in a bid to...

Dhaka stocks greet New Year with continuing record run

2010-01-04 00:00:00

FE ReportDhaka stocks greeted the New Year on a buoyant note Sunday with the benchmark index continuing its record run, bolstered by non-banking financial institutions (NBFIs), energy and multinational companies.The market rally for the eight consecutive sessions including Sunday was...

SC lifts stay on 5th Amendment ruling

2010-01-04 00:00:00

The Supreme Court (SC) Sunday lifted a stay order on the 2005 High Court ruling declaring the Fifth Amendment to the constitution illegal, reports bdnews24.com. The stay order was lifted as the government was allowed to withdraw a previous leave...

GP repays $60m private bond debt before maturity

2010-01-04 00:00:00

A Z M AnasSaddled with cash, the country's biggest mobile telephony firm Grameenphone (GP) has repaid US$60 million (Tk 4.25 billion) in debt issued via a privately placed bond, a year before its maturity, bankers said.The cellphone company with over...

JS winter session begins today

2010-01-04 00:00:00

The winter session of the 9th parliament begins at 3:00pm today (Monday) without the main opposition BNP. President Zillur Rahman will address the first session of the New Year. But the main opposition BNP is still stuck to its previous...

UK minister arrives in city today

2010-01-04 00:00:00

Secretary of State for Communities and Local Government of the United Kingdom (UK) John Denham MP arrives in the capital today (Monday) on a three-day visit. The aim of the visit is to strengthen the strong bond between the two...

Four satellite towns to be set up around capital: PM

2010-01-04 00:00:00

Prime Minister Sheikh Hasina said Sunday her government planned to set up four satellite towns around the capital city besides taking effective steps to protect the city from the clutches of land grabbers, reports BSS.She said massive programmes had also...

Govt eases export ban on jute ready for shipment

2010-01-04 00:00:00

S M JahangirThe government relaxed Sunday the export ban on raw jute, only for which letters of credit (LCs) were opened for shipment before imposition of the export restriction on December 7.The government has also kept the 'machine processed staple...

Banks fail to synchronise term loan with working capital, says Muhith

2010-01-04 00:00:00

FE ReportThe government is planning to formulate a policy under which term loan as well as working capital will be provided to entrepreneurs, said finance minister AMA Muhith on Sunday. "The banking sector has failed to synchronise term loan with...

UAE saves manpower export ector 'from disaster'

2010-01-04 00:00:00

Mashiur RahamanThe oil-rich United Arab Emirates (UAE) remained the topmost job provider for Bangladeshi semi-skilled and skilled workers, giving 46 per cent of the country's total overseas employment in 2009.Despite global financial recession, a total of 258,384 Bangladeshi secured jobs...

JRC talks begin in city today

2010-01-04 00:00:00

The secretary-level talks of the Joint Rivers Commission start today (Monday) in Dhaka to discuss water-related issues including signing of the Teesta water-sharing deal between Bangladesh and India, reports bdnews24.com. Indian water resources secretary U N Panjiar arrived here Sunday...

The importance of export diversification

2010-01-04 00:00:00

Bangladesh's export trade is largely centred on one item, the readymade garments (RMG) products. About three-fourths of its current annual export earnings come from the RMG sector. And what is also worth noting is that the greatest volumes of RMG...

Titas's impractical proposals

2010-01-04 00:00:00

Shamsul Huq ZahidThe Titas Gas Transmission and Distribution Company, according to newspaper reports, is contemplating a number of measures to help avoid the ongoing gas supply shortage in Dhaka and its adjoining areas.One of the measures would be the closure...

To kill or to commute

2010-01-04 00:00:00

Maswood Alam KhanAKMAL Shaikh, a 53-year old restless man reportedly suffering from bipolar disorder, who had often retreated into a world of fantasy that 'one day he would become a famous pop star' was killed in Urumqi, Xingjian, China on...

To make dredging effective

2010-01-04 00:00:00

THE government is expected, as its leaders say, to start dredging the rivers. But, the existing dredging fleet can hardly undertake the massive activity needed. The first priority should be to procure the needed dredger fleet as quickly as possible....

Laws to regulate the ship-breaking industry

2010-01-04 00:00:00

SHIP-breaking industry in Bangladesh got its momentum last year. Foreign investors and clients showed their keen interest in this sector. The industry has great prospects. A regime of good laws and regulations should, therefore, be framed and strictly implemented to...

PM's India visit

2010-01-04 00:00:00

As our prime minister is scheduled to pay a visit to India shortly, I take this opportunity to draw her attention to some of the issues which can be sorted out by the leaders of the two countries in a...

How to simplify income tax laws

2010-01-04 00:00:00

Faruq A SiddiqiABOUT seven hundred sixty thousand (0.76 million) tax returns were submitted this year in a nation of 160 million people. This means that only about 0.5% of the population submitted their tax returns. However, there are nearly 2.3...

Commercially viable projects in jute sector

2010-01-03 00:00:00

SIXTEEN northern districts of Bangladesh have shown once again how hard-working and resilient people can be in the face of adversity. A decade after Adamjee Jute Mills was shut down, farmers of this versatile fibrous plant, grown on some 1.5...