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ACC to probe irregularities in leasing Barisal port

2009-12-18 00:00:00

BARISAL, Dec 17 (UNB): Barisal office Anti-corruption Commission (ACC) of Tuesday asked the Bangladesh Inland Water Transport Authority (BIWTA) to submit the documents after investigating the allegation about corruption and irregularities in leasing of Barisal Port.Nazrul Islam, ACC deputy director...

Wall collapse kills girl, injures five

2009-12-18 00:00:00

FE ReportAn eight-year-old girl was killed and five others were injured when a boundary wall collapsed on them at Segunbagicha in the city Thursday afternoon, the police said.An officer of Shahbagh police station told the FE that the incident took...

Six terrorists arrested in city

2009-12-18 00:00:00

FE ReportRAB members in separate drives arrested six terrorists of a shooter group from the city's Mirpur and Kafrul areas Wednesday.The arrested were identified as Sourav Mahmud (19), Abdul Quddus (19), Mirazul Islam (18), Sohag (20), Razu (20) and Kamran...

PM Hasina holds meetings with Chinese PM, world leaders

2009-12-18 00:00:00

Copenhagen, Dec 17 (UNB) - World Leaders assured Prime Minister Sheikh Hasina of standing by Bangladesh in its grim fight against the climate-change impacts on human life, ecology, economy and agriculture.The Prime Minister got the assurances when she attended a...

Nepalese photo exhibition from Dec 23

2009-12-18 00:00:00

FE ReportMaitri Nepal Photo Exhibition 2009 will kick off at the National Press Club on December 23. State minister for women and children affairs Shirin Sharmin Chowdhury will inaugurate the exhibition as chief guest.The editor-publisher of The Daily Star, Mahfuz...

Bumper mustard production likely in N-districts

2009-12-18 00:00:00

RANGPUR, Dec 17 (BSS): Harvesting of the early variety mustard seeds is expected to begin from the middle of January next, officials in the Department of Agriculture Extension (DAE) told the news agency Thursday. Farmers of the northern districts are...

Qulkhani

2009-12-18 00:00:00

The qulkhani of Ferdous Zaman, president of Inner Wheel Club, will be held today after Asr prayer, said a press release.She was the wife of MA Zaman, former Chief Engineer of Power Development Board.The members of the bereaved family have...

Journalist expires

2009-12-18 00:00:00

Eminent journalist Jawadur Rahman died of cancer at the early hours Thursday at the age of 72.He left behind his wife, two daughters, one son and a host of relatives to mourn his death.Rahman was an assistant editor of The...

DCCI director dead

2009-12-18 00:00:00

Newly elected president of Dhaka Chamber of Commerce and Industry (DCCI) Abul Kasem Khan and the board of directors of the organisation expressed their profound shock and grief at the sudden death of reputed businessman and DCCI director Omar Faruque.The...

Obituary

2009-12-18 00:00:00

The Namaz-e-janaza of former civil servant and Ambassador Saber Reza Karim will be held after Juma prayers at Dhanmondi Road No 7 mosque today (Friday). Later he will be buried at Banani graveyard, says a press release.Saber passed away due...

DU 'Gha Unit' admission test today

2009-12-18 00:00:00

DU CorrespondentThe written test of Gha Unit (transfer unit) for first-year honours admission at Dhaka University (DU) under the academic year 2009-10 will be held at 10 am today (Friday).Detailed seat plan for the admission test has already been attached...

Financial inclusion as tool for combating poverty

2009-12-18 00:00:00

Dr. Atiur RahmanFINANCIAL inclusion is a key element of social inclusion (the antithesis of social exclusion), roughly meaning the opportunity for people to contribute to, and to benefit from the processes of social and economic advancement. Poverty related deprivations in...

The feasibility of a goldsmiths' bank

2009-12-18 00:00:00

Prof. M. SadeqHistory of Banking bears adequate testimony that the goldsmiths are the forefathers of modern banking. The goldsmiths are well-reputed for their professional integrity, honesty, solvency, safety and reliability. These qualities are essential ingredients for a good banking institution....

GDP growth to slow to 5.2pc as global slide hits country: ADB

2009-12-18 00:00:00

FE ReportThe ADB has downgraded Bangladesh's economic growth in the 2009-10 fiscal year to 5.2 per cent - the slowest in eight years - as a delayed impact of the global recession cut through exports and hit industry and services...

BB scraps BRC, vests authority to banks

2009-12-18 00:00:00

Nazmul AhsanThe Ministry of Finance (MoF) on Thursday abolished the Bankers' Recruitment Committee (BRC) and vested the authority to the respective bank boards with the ministry retaining overall control.An office order on recruitment of officers for the state-owned banks and...

V-Day celebrated amidst fresh patriotic zeal

2009-12-18 00:00:00

The nation celebrated the 39th glorious Victory Day Wednesday amidst patriotic zeal and a louder pledge for trying the war criminals of 1971, reports UNB.Tens of thousands of people - men and women, young and old - visited the National...

Hillary brightens grim mood at climate talks

2009-12-18 00:00:00

COPENHAGEN, Dec 17 (AFP): After two years of languishing in a diplomatic fog, the key issue of climate finance is at last taking shape in the final phase of the UN global warming talks in Copenhagen.If -- a big if...

Govt to pick lead-donor for Padma Bridge next week

2009-12-18 00:00:00

FHM Humayan KabirKey government ministries would next week select the lead-donor for financing of the Padma bridge in an effort to coordinate multi-donor bankrolling of the country's largest infrastructure project, officials said Thursday.Finance minister AMA Muhith would make the selection...

PM demands compensatory grant, adequate fund for adaptation

2009-12-18 00:00:00

COPENHAGEN, Dec 17 (bdnews24.com): Prime Minister Sheikh Hasina has called for "bold decisions" in Copenhagen, including an adaptation fund of at least 1.5 per cent of GDP of developed countries, separate from ODA as stipulated in the Brussels Programme of...

Tariff structure in customs law to be rationalized

2009-12-18 00:00:00

Doulot Akter MalaThe government has taken a first-ever move to rationalise tariff structure in customs law slashing higher duty from basic raw materials, that is hindering industrial growth. "We are going to revise the first schedule of customs rationalising taxes...

Bharti Airtel to buy Warid's share

2009-12-18 00:00:00

NEW DELHI, Dec 17 (BSS): India's largest telecom operator Bharti Airtel is close to acquiring a 70 per cent stake in Bangladesh's fourth largest mobile operator, Warid Telecom, for close to US$900 million (around Rs 42 billion).The deal, likely to...

Stocks finish week on negative note

2009-12-18 00:00:00

FE ReportDhaka stocks finished the week Thursday on a negative note with the two consecutive sessions in bearish sentiment as the investors opted for profit booking. The Dhaka Stock Exchange (DSE) resumed trading on the day after a one-day break...

SC stays HC ruling unseating MP Kashem

2009-12-18 00:00:00

The Supreme Court (SC) Thursday stayed for six weeks the operation of the High Court (HC) ruling that declared void the nomination of Jatiya Party MP Abul Kashem for the ninth parliamentary elections on grounds of his being bank loan...

Four killed in separate road accidents

2009-12-18 00:00:00

JHENIDAH, Dec 17: Two rashly driven trucks and a bus ran down four people, including two minor boys, in separate road accidents much the same time in Shailakupa, Kotchandpur and Harinakundu upazilas of the district Wednesday and Thursday. The police...

SC judges sign on full judgment in BB murder case

2009-12-18 00:00:00

All the judges of the five-member Appellate Division bench of the Supreme Court, headed by Justice M Tafazzul Islam, Thursday put their signatures on the full text of the judgment upholding the death sentence against 12 ex-army officers in the...

ADB signs deals with 12 banks to boost export-import trade

2009-12-18 00:00:00

FE Report The Asian Development Bank (ADB) has signed deals with 12 local private commercial banks for expansion of its Trade Finance Facilitation Programme (TFFP) in Bangladesh. Under the agreement, the banks will be able to offer more trade financing...

Banks asked to submit quarterly report to BB

2009-12-18 00:00:00

FE Report The commercial banks must submit report on default loan of the non-banking financial institutions' (NBFIs) directors to the central bank on quarterly basis, officials said Thursday. "We've taken the latest move to ensure discipline in the country's financial...

Expats' earnings fatten state coffers during recession: BAIRA chief

2009-12-18 00:00:00

FE ReportBAIRA president Golam Mostafa refuted the claim that the readymade garment (RMG) sector is the highest foreign currency earner saying time has come to recognise migrant workers' contribution to scaling up this important economic indicator."It is a proven fact...

IOM upbeat about Bangladesh

2009-12-18 00:00:00

FE ReportThe Dhaka regional office of International Organization for Migration (IOM) on the occasion of the International Migrants' Day 2009, hopes that Bangladesh will continue to further consolidate the rights of the migrants and promote wise practices vis-à-vis migration within...

Climate meet must not end in vain: Khaleda

2009-12-18 00:00:00

Leader of the Opposition and BNP chairperson Khaleda Zia Thursday appealed to the world leaders attending the Copenhagen climate conference to stand for justice and come up with a final agreement to save the planet and people from the imminent...