FE Today Logo

Search results for:


Power inter-connector cuts system loss

2009-12-16 00:00:00

SIRAJGANJ, Dec 15 (bdnews24.com): Implementation of Ashuganj-Sirajganj Inter-connector Project has yielded a savings of Tk 220 million in five months, which would otherwise be lost to 'system loss'. Besides, the project has helped strike a balance in the power supply...

DU 'Gha Unit' admission test Friday

2009-12-16 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 Friday.Detailed seat plan for the admission test is available on the notice...

Mugger ASI caught red-handed

2009-12-16 00:00:00

FE ReportA police personnel was arrested while snatching Tk 1.6 million (Tk 16 lakh) from two shop employees in the city's Paltan area Tuesday afternoon, police said.Officer-in-Charge of Paltan police station Mojibur Rahman told the FE they arrested Mainul Haque,...

Niko likely to go to int'l court to settle Feni gasfield dispute

2009-12-16 00:00:00

M Azizur RahmanCanadian oil and gas explorer Niko is planning to lodge suit with international court to settle the long-pending dispute over payments against gas sales from Feni field, officials said Tuesday.Niko vice president Larry Fisher elaborated the company's view...

PPP: Putting the cart before the horse

2009-12-16 00:00:00

Shamsul Huq Zahid The government has included the public-private partnership (PPP) initiative in the national budget for current fiscal year and kept a financial provision of Tk 25 billion for projects to be implemented under it. But halfway through the...

New IMO rule boon for local ship breakers

2009-12-16 00:00:00

Jasim Uddin Haroon The country's ship scrap market is likely to remain stable for the next few years, as new IMO rule forces hundreds of tankers to go into ship-breaking yards from April 2010, ship breakers said. The International Maritime...

World leaders try to save floundering climate talks

2009-12-16 00:00:00

COPENHAGEN, Dec 15, 2009 (AFP) - World leaders began arriving at the UN climate summit Tuesday, seeking to give a shot in the arm to the floundering talks after warnings that the whole event was at risk of ending in...

Economic management 'needs to be more serious'

2009-12-16 00:00:00

FE ReportEconomic management in Bangladesh needs to be based on more serious and in-depth policy analysis, but linking research to policy is not easy, said Professor Wahiduddin Mahmud at a roundtable Tuesday."Any credible policy analysis has to be supported by...

Anis Ud Dowla new MCCI chief

2009-12-16 00:00:00

FE ReportChairman of ACI Group of Companies, Anis Ud Dowla, has been elected president of Metropolitan Chamber of Commerce and Industry (MCCI) Tuesday for 2010.The new committee of the chamber elected Mr Anis, who has investments in pharmaceuticals, chemicals, insurance,...

Victory Day today

2009-12-16 00:00:00

The nation celebrates the 39th Victory Day today (Wednesday) recalling the final moments of victory after a nine-month war of liberation against Pakistan, marked by bloodshed of millions, reports BSS.The victory paved the way for the emergence of Bangladesh as...

Kasem Khan made DCCI president

2009-12-16 00:00:00

FE ReportThe country's renowned businessman and industrialist Abul Kasem Khan was elected president of Dhaka Chamber of Commerce & Industry (DCCI) Tuesday for the year 2010. M. Shahjahan Khan and Md. Sirajuddin Malik have been elected senior vice president and...

Janata Bank to launch IPO next month

2009-12-16 00:00:00

FE Report Janata Bank Limited (JBL), the nation's second largest lender, will raise Tk 1.0 billion in an initial public offering (IPO) next month, officials said Tuesday. The state-owned bank with an asset base of Tk 250 billion will sell...

Dhaka stocks fall on profit-taking

2009-12-16 00:00:00

FE ReportDhaka stocks fell Tuesday on profit taking, breaking a four-day gaining streak. The market was in the positive territory in the first hour but went down steadily on profit taking for the rest of the session. The benchmark DSE...

PM may now visit India Jan 10

2009-12-16 00:00:00

Prime minister Sheikh Hasina's visit to India might now take place on January 10, a foreign ministry official said Tuesday, reports bdnews24.com Sheikh Hasina was originally scheduled to go to Delhi on December 19 on a three-day visit. But the...

BB to introduce DVP system by month-end

2009-12-16 00:00:00

Siddique Islam The central bank is going to introduce a 'delivery versus payment' (DVP) system by the end of this month to boost transactions of the government securities in the secondary market. "The new settlement system will come into effect...

HC orders MP's removal for loan default

2009-12-16 00:00:00

The High Court (HC) has ordered the Election Commission (EC) to cancel Jatiya Party's Abul Kashem's parliamentary membership from Tangail-5, declaring his candidacy void on grounds of loan default. It also ordered the EC to declare Mahmudul Hasan of BNP...

Tafazzul Islam made chief justice

2009-12-16 00:00:00

President Zillur Rahman on Tuesday appointed justice Mohammad Tafazzul Islam the chief justice. The president made the appointment in line with article 95 (1) of the constitution. Justice Islam, who replaces justice M M Ruhul Amin, will take office on...

Tk 3.50m gold ornaments robbed from city shop

2009-12-16 00:00:00

FE ReportGold ornaments worth about Tk 3.50 million was robbed from a jewellery shop at Khilgaon in the city Tuesday afternoon, police said.Witnesses said a gang of about 10 robbers raided Munni Jewellers on the ground floor of Taltola Super...

1020 flats to be built for low, middle income people

2009-12-16 00:00:00

The government will import 87,500 tonnes of urea fertiliser and 105,000 tonnes of wheat to meet domestic demand, reports UNB.Under another proposal of the government's cabinet purchase body, 1020 flats will be constructed for low-and middle-income people in F-block of...

Obama summons CEOs to White House for 'summit'

2009-12-16 00:00:00

From Fazle RashidNEW YORK, Dec 15: President Barack Hossain Obama had summoned CEOs from country's top 12 financial institutions to the White House for a " summit of a sort " and asked them to revive lending immediately now frozen,...

Strong WB support likely to continue this fiscal

2009-12-16 00:00:00

Bangladesh received a record $1.0 billion from the World Bank over the last two years and the trend is likely to continue in the current fiscal year to June 2010, the World Bank's Bangladesh country director said on Tuesday, reports...

Officials pocket millions in vehicle taxes

2009-12-16 00:00:00

More evidence of official corruption was revealed Tuesday, with evidence of at least Tk 120 million (12 crore) in vehicle taxes being pocketed by officials of the postal department in the first half of the fiscal year, reports bdnews24.com The...

Police seek Tk 5b for transport

2009-12-15 00:00:00

Jubair HasanThe police administration asked for Tk 5 billion for the purchase of transports as shortage of vehicles is seriously hampering maintenance of law and order across the country, officials said Monday.The move came after an International Crisis Group (ICG)...

HC slams 'more crossfire deaths'

2009-12-15 00:00:00

The High Court (HC) Monday expressed grave concern over continued 'crossfire' deaths despite a suo moto ruling on extra-judicial killings it had issued last month, reports bdnews24.com. The bench of Justice AFM Abdur Rahman and Justice Md Imdadul Haque Azad...

Ministries to listen to people's complaints

2009-12-15 00:00:00

FE ReportThe government has ordered its ministries and departments to assign officials to hear and resolve complaints of the masses in an effort to improve service quality and ensure good governance.The establishment ministry issued the instruction recently, asking the government...

EC mulls financial help to parties during next polls

2009-12-15 00:00:00

Political parties may get financial assistance from the national exchequer during the next general elections.All the parties registered with the Election Commission (EC) will be eligible for the assistance, said the EC sources in the city Monday, reports BSS.According to...

BWDB initiative to make Padma riverbank attractive

2009-12-15 00:00:00

RAJSHAHI, Dec 14 (BSS): The Bangladesh Water Development Board (BWDB) has taken initiative to construct a 17-kilometre road on the city protection embankment.The initiative is a part of transforming the Padma riverbank into an attractive tourist spot.The BWDB Superintending Engineer...

Navy ships to remain open for visitors

2009-12-15 00:00:00

On the occasion of the Victory Day (16 Dec), ships of Bangladesh Navy will remain open for visitors at Dhaka, Narayanganj, Chittagong, Khulna and Barisal from 2.00 pm to sunset on the day, reports BSS.Places, such as- Dhaka Sadar Ghat,...

Climate change dwindles fish species

2009-12-15 00:00:00

Chittagong OfficeCHITTAGONG, Dec 14: The Chittagong region will be deficient of at least 50 thousand tonnes of fish a year due to climate change. It may also cause extinction of many species of sweet water fish, fisheries department officials said.Sources...

Photo show of female world leaders

2009-12-15 00:00:00

A photo exhibition with short biography of all former and present female presidents and prime ministers of the world is organised today (Tuesday) at Nandan Park in Savar."The Generation", world personality research and social development organization, is organising the exhibition,...