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Imperative for streamlining Ctg Port activities

2009-12-24 00:00:00

Shahiduzzaman KhanCountry's premier seaport - Chittagong - is again in trouble as the leaders of dock labour unions are threatening movement for reinstatement of retrenched dock workers and reinstallation of dock labour management board. During recent days, the dock labour...

BDBL signs vendor's agreement with finance ministry Dec 31

2009-12-24 00:00:00

Nazmul AhsanThe formal launch of the Bangladesh Development Bank Ltd (BDBL) is going to take place on next December 31 as a vendor's agreement between the Ministry of Finance (MoF) and the BDBL is set to be signed on the...

Money taken during CG regime won't be returned: Muhith

2009-12-24 00:00:00

FE ReportThe government has no plan to refund the money collected from different business houses during the past caretaker government (CG) regime, said Finance Minister AMA Muhith Wednesday."It is not under consideration of the government," he said after a meeting...

Govt to review decision on mandatory requirement

2009-12-24 00:00:00

FE ReportThe government is going to review its decision on the mandatory floatation of shares equivalent to 40 per cent of the paid-up capital of a company willing to go public, said Finance Minister AMA Muhith Wednesday."Yes, it has to...

Bids for five oil-fired rental power plants approved

2009-12-24 00:00:00

FE ReportThe cabinet committee on government purchase Wednesday approved bids for setting up five oil-fired rental power plants (RPPs) by private entrepreneurs to generate 330 megawatts of electricity.The committee headed by Finance Minister AMA Muhith also endorsed import of 2.10...

Dhaka stocks' rally continues

2009-12-24 00:00:00

FE ReportDhaka stocks continued to rally for the third straight session Wednesday, led by Grameenphone, pharmaceuticals, energy and cement issues.The market saw volatile trading as the main index rose 50 points in the first fifteen minutes. But then early gains...

Correction

2009-12-24 00:00:00

A 'corporate watch' news titled 'Trust Bank incurs Tk 2.35 m net loss', published on Wednesday's FE issue (Page 11) was not correct. In fact, the headline of the news erroneously carried the name of Trust Bank Ltd. The bank,...

New Chief Justice takes oath

2009-12-24 00:00:00

President Zillur Rahman administered oath to newly-appointed Chief Justice M Tafazzul Islam at Bangabhaban Wednesday morning. Prime Minister Sheikh Hasina was present at the oath taking ceremony. — UNB

Pry terminal exam: PM to award top 3

2009-12-24 00:00:00

Prime minister Sheikh Hasina will hand over awards to the three students, who secured top positions in the new primary education terminal examination. — bdnews24.com

Reshuffle in administration

2009-12-24 00:00:00

Six acting and additional secretaries have been transferred and given new postings in a latest reshuffle in the administration. Acting secretary of Primary and Mass Education Ministry Badrul Alam Tarafdar was made acting chairman of Land Appellate Board. Additional secretary...

Newspaper holiday on Dec 28

2009-12-24 00:00:00

The offices of all newspapers and news agencies will remain closed on December 28 (Monday) on the occasion of holy Ashura. Therefore, no newspaper will be published the following day, said a release of Newspapers Owners Association of Bangladesh (NOAB)....

Freight forwarders to charge 67pc more on imported goods from Jan

2009-12-24 00:00:00

Jasim Uddin Haroon The country's freight forwarders Wednesday said they will charge 67 per cent more on imported goods from the first day of the next year to offset their operational losses.The new tariff per consignment will be Tk 2,500...

A discordant accord

2009-12-24 00:00:00

Mahmudur RahmanAgreements rarely see fruitful conclusion unless the discordant elements are thrashed out beforehand. True diplomacy requires that such discords are presented at the negotiating table with a list of options to fall back upon. It would appear that the...

Planning Commission to sit with experts today

2009-12-24 00:00:00

FHM Humayan KabirThe Planning Commission will sit with energy, agriculture and development experts today (Thursday) to finalise the draft "perspective plan 2021", which will show the path to graduate Bangladesh into a middle-income country achieving double-digit economic growth, officials said.The...

Uncertainty looms, despite crisis weathering: Faruk

2009-12-24 00:00:00

FE ReportThe country's economy, despite its strong resilience to the first-round effects of the global economic crisis, is still in the grip of a severe uncertainty due to contraction of export demands and employment opportunities abroad, Commerce Minister Faruk Khan...

Aman production to surpass target by 5m tonnes: Matia

2009-12-24 00:00:00

FE ReportAgriculture Minister Matia Chowdhury dismissed Wednesday experts' speculations over a shortfall in the 'Aman' production, saying the food-grain output could surpass the target by at least 5.0 million tonnes this season."Even if the per hectare yield and total cultivated...

UN climate summit a disaster, a failure!

2009-12-24 00:00:00

From Fazle Rashid NEW YORK, Dec 23: Barely four days after an "accord" was reached in Copenhagen on Global warming comes the news of a severe crack in it. The procedings at the 12-day Copenhagen meet, said to the longest...

BB doubles EDF to $300m

2009-12-24 00:00:00

FE Report The central bank of Bangladesh has doubled the Export Development Fund (EDF) to US$300 million from $150 million aiming to mitigate export losses inflicted by the global meltdown, officials said Wednesday. The Bangladesh Bank (BB) has also increased...

Southeast Bank opens 55th branch in Comilla

2009-12-23 00:00:00

Southeast Bank Limited expanded its network further by opening its 55th branch in Comilla Sunday, according to a press release.Former chairman of Southeast Bank Limited and FBCCI former president Yussuf Abdullah Harun inaugurated the branch.Southeast Bank directors Md Akikur Rahman...

Bourses' proposal to allow big cos to float shares seen unrealistic

2009-12-23 00:00:00

Mohammad MufazzalTwo bourses' proposal to allow companies with paid-up capital worth Tk 500 million to float shares was ridiculed as "not practical" Saturday, as only a tiny number of Bangladeshi firms have such a "big" capital base.Officials at the office...

Summit Communications gets NTTN license

2009-12-23 00:00:00

FE ReportBangladesh Telecommunication Regulatory Commission (BTRC) Tuesday issued the second Nationwide Telecommunication Transmission Network (NTTN) license to Summit Communications Limited (SCL).The telecom watchdog on January 7 this year issued the first NTTN licence to Fiber @ Home Ltd in a...

Belonia landport fails to live up to its expectations

2009-12-23 00:00:00

Mashiur RahamanThe newly-opened Belonia land-port has failed to boost trade between Bangladesh and India, as in the first two months after it was inaugurated goods worth only Tk15.58 million was exported via the border post.The country's 14th land customs station...

United Air starts Dhaka-KL flight

2009-12-23 00:00:00

FE ReportUnited Airways (BD) Ltd, the country's youngest private airline, made its maiden flight to Dhaka - Kuala Lumpur - Dhaka route Monday with a 155-seated MD 83 aircraft.Civil Aviation and Tourism secretary Shafiq Alam Mehedi formally inaugurated the flight...

Envoys of 6 Asian countries visit Shinepukur Ceramics plant

2009-12-23 00:00:00

Ambassadors and High Commissioners of six Asian countries Saturday visited the manufacturing facilities of Shinepukur Ceramics Ltd (SCL), country's leading ceramic tableware manufacturing company and largest ceramic tableware exporter. Ambassador of Vietnam Mr. Nguyen Van That, High Commissioner of Brunei...

AIMS declares NAV of three unit funds

2009-12-23 00:00:00

Asset and Investment Management Services (AIMS) of Bangladesh Limited has declared the Net Asset Values (NAV) of its three unit funds, the company said in a statement.AIMS First Guaranteed Mutual Fund: The NAV of Aims First Guaranteed Mutual Fund stood...

Bank's total deposit now Tk 239.37b

2009-12-23 00:00:00

FE ReportIslami Bank Bangladesh Ltd (IBBL) Monday opened its own ATM booth at its Motijheel office in the city as part of opening 100 ATM booths across the country."IBBL now offers services through 34 shared ATM booths across the country...

'Lenovo ET 660' launched

2009-12-23 00:00:00

FE ReportUpdate International Ltd and Transcom Digital formally launched the touch screen windows mobile phone 'Lenovo ET 660' Monday in the city."The Lenovo ET 660 is the perfect internet companion with the features of windows live and MSN, Microsoft Office...

BIFCL opens first branch in Ctg

2009-12-23 00:00:00

Bangladesh Industrial Finance Company Limited (BIFCL) has recently opened its first branch at Akhtaruzzaman Centre, Agrabad in Chiittagong, according to a press release.Chairman of the board of directors of the company Maj (rtd) Abdul Mannan inaugurated the branch as the...

Wednesday

2009-12-23 00:00:00

BTVam07:00 Announcement, Recitation From The Holy Quran, Programme Outline And The Holy Tripitak Paath07:10 Saswato Jibon07:15 Suvechaa Nin08:00 Morning News08:10 Desher Gaan08:30 Open Univercity09:00 Sangbad Shironam09:15 Satellite Transmission11:15 Pachmishali11:40 Koishori12:00 Sangbad Shironam12:05 Sangbadpatrer Pata Theke12:30 Sastha Tathya01:00 Sukhi Paribar01:30 Hijal...

Delwar rejects Ashraf's remark on minus Joy formula

2009-12-23 00:00:00

BNP Secretary General Khandaker Delwar Hossain Monday termed as blatant lie the Awami League (AL) general secretary's statement that BNP is conspiring to "implement 'Minus Sajeeb Wazed Joy' formula' to bring him at par with Tarique Rahman. Mr Khandaker made...