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Delayed plantation may cause fall in Aman yield

2009-08-18 00:00:00

S M JahangirLocal farmers have missed the crop plantation target by at least 30 per cent in stipulated time mainly due to scanty monsoon rain putting the Aman yield target in doubt.Although the affected farmers are lately trying to minimise...

BB mops up Tk 7.3b from market

2009-08-18 00:00:00

FE Report The central bank withdrew Tk 7.32 billion from the banking system Monday using 30-day Bangladesh Bank Bills to mop up excess liquidity from the market, officials said. The Bangladesh Bank (BB) accepted 20 bids worth Tk 7.32 billion...

Committees to monitor prices of essentials

2009-08-18 00:00:00

FE ReportIn an effort to contain the soaring prices of essentials, the government Monday divided the capital into four zones and formed four separate committees with representatives from different ministries and the Dhaka City Corporation to monitor the prices of...

Ban on import of poor quality coal goes

2009-08-18 00:00:00

Doulot Akter MalaThe government has lifted the ban on importing non-eco-friendly coals --- ignoring criticism from environment groups--- to meet growing demand in the brick kilns, steel mills and tea gardens.The commerce ministry issued the order recently, paving the way...

Dhaka stocks end slightly higher

2009-08-18 00:00:00

FE ReportDhaka stocks finished slightly higher for the fourth consecutive session in the fluctuating market Monday, led by Beximco Group and mutual funds.The benchmark Dhaka Stock Exchange General Index (DGEN) added 4.93 points or 0.16 per cent to end at...

Hasina, 42 others acquitted in Oct 28 Paltan killing case

2009-08-18 00:00:00

The Chief Metropolitan Magistrate (CMM) Court Monday acquitted Prime Minister Sheikh Hasina and 42 others from the charges of killing six activists of Islami Chhatra Shibir at Paltan in the city on October 28 in 2006. Metropolitan Magistrate (MM) Dilara...

Changed office hours for banks during Ramadan

2009-08-18 00:00:00

The Bangladesh Bank (BB) has changed the office hours of all scheduled banks for the ensuing holy month of Ramadan. The scheduled banks will remain open from 9:30 am to 4.00 pm from Sunday to Thursday including the prayer break...

Peaceful situation prevails in CHT region: PM

2009-08-18 00:00:00

Prime Minister Sheikh Hasina said Monday the government had decided to pull out army camps from the hill districts as a peaceful situation now prevails in the CHT region, reports UNB.She made the remark when a delegation of the International...

BDR trial reference goes to SC

2009-08-18 00:00:00

The President's reference, seeking the Appellate Division's opinion on which law the BDR mutineers should be tried, was sent to the Supreme Court (SC) Monday, reports UNB.State Minister for Law Qamrul Islam told reporters Monday that there were two sets...

Global attention now diverted to politics from downturnc

2009-08-18 00:00:00

From Fazle RashidNEW YORK, Aug 17: Media's attention worldwide in past two or three days has diverted to global politics from the crippling economic downturn which is now showing flickers of slow, sluggish and even painful recovery.The significant process of...

BAPEX identifies three possible gas reserves in Ctg

2009-08-18 00:00:00

CHITTAGONG, Aug 17 (BSS): Prospects of gas discovery at three places of the district has become bright as the drilling by BAPEX, the exploration agency of Petrobangla, is yielding highly positive results.BAPEX General Manager MA Baki told the news agency...

Construction of $1.8b steel-truss Padma bridge begins next year

2009-08-18 00:00:00

FE ReportThe government will finalise the scheme design of the Padma multi-purpose bridge by the end of this month paving the way for beginning construction of the long-awaited world-class steel structure next year.Official sources said the panel of experts has...

Mongla Port ex-workers' sit-in begins

2009-08-18 00:00:00

BAGERHAT, August 17 (bdnews24.com): Over 1,000 former workers, retrenched from Mongla Port, began a non-stop sit-in protest Monday demanding the reintroduction of the call station booking system and payment of their arrears. The programme began at 6:00am at the port's...

30 more garment workers hurt in fresh violence

2009-08-18 00:00:00

FE ReportAt least 30 garment workers were injured as agitating workers of Envoy group fought pitched battle with police for the second consecutive day Monday at Ashulia.Some 60 garment factories at the country's biggest industrial hub Ashulia have suspended production...

Major earthquake alert again

2009-08-17 00:00:00

The last Tuesday's (11 Aug 2009) earthquake, which had its epicentre 980 km south-south-east of The Andaman Islands in the Indian Ocean, was felt in Dhaka, Chittagong and other areas of the country around 3.00 in the morning. The Bangladesh...

Chittagong port: Return of the old days is unwelcome

2009-08-17 00:00:00

Shamsul Huq ZahidThat 'democracy' represents the people's power does not require any elaboration. There are thousands of quotable quotes of famous and not-so-famous people eulogizing democracy. But democracy has its pitfalls when it is practiced half-heartedly or dishonest people are...

Bangladesh's growing pharmaceutical sector

2009-08-17 00:00:00

Ferdous AlamThe export value of pharmaceuticals is growing at a reasonable rate every year. Exports increased from $8.2 million in 2004 to $28.3 million in 2007 and posted further gains last year. Export destinations are also increasing in number.Beginning in...

Quality control of medicines

2009-08-17 00:00:00

Quality control of drugs has become a very big concern, particularly, after the recent tragedies of children dying for taking substandard paracetamol syrup produced by a local company. The demand for strict monitoring of the companies for ensuring quality control...

Compensation packages for judges

2009-08-17 00:00:00

The salary structure of High Court (HC) judges, and for that matter, all judges in Bangladesh, are so low that, speaking from the point of view of practicality, it is impossible to expect honest and duly diligent deliberations from them...

Bangabandhu's murderers must pay for their crimes

2009-08-17 00:00:00

NIXON'S America started it, recognising the People's Republic of Bangladesh in early 1972. Here are the lessons from turbulent times. While a proper restoration of history is our goal, we also realise that democracy, good governance and everything else that...

A case for non-stop Dhaka-NY flight

2009-08-17 00:00:00

Shabbir A. BasharHAVING read a report in the August 14 issue of the Financial Express about Biman's resumption of its Dhaka-New York flights, I have a few comments to make and ask some questions to the CEO of Bangladesh's national...

The enchanting City of Eternal Spring

2009-08-17 00:00:00

Md. Rahber-E-Alam RaafaTHE title of the article says it all. Kunming, the City of Eternal Spring, is a province of China where I recently went on a four-day tour. I became disappointed when I heard that I was going to...

HIGHLIGHTS

2009-08-17 00:00:00

Khelo Jeeto JiyoOn STAR PLUS Monday at 8-30 pm The show allows consumers who aspire for a better and brighter lifestyle, to team up with a relative/friend to play a series of innovatively conceptualized games in a home-styled setting. The...

PM for setting up cardiology departments at govt hospitals

2009-08-17 00:00:00

Prime Minister (PM) Sheikh Hasina Sunday directed for setting up cardiology departments at all government hospitals with surgical facilities to provide proper treatment for cardiac patients, reports BSS.The cardiology departments should have special units for children, she stressed. The directive...

Seminar on JDS held

2009-08-17 00:00:00

FE Report A seminar on Japan Development Scholarship (JDS) 2010-2011 was held at the NEC Building in Sher-e-Bangla Nagar Sunday. Mr Harumitsu Hida, Charge d' Affaires of Japan to Bangladesh, attended the occasion as the guest of honour, while Takao...

Allocation ‘for education, research in budget small’

2009-08-17 00:00:00

DU CorrespondentThe University Grants Commission (UGC) works in various ways to promote higher education and research in the country although the allocation for the sector in budget is small, the UGC chairman said."The allocation for education and research is now...

UK clarifies visa application process

2009-08-17 00:00:00

DU CorrespondentThe British High Commission in Dhaka warned the Bangladeshi students of misleading advice on tuberculosis (TB) tests by several agents to have UK visas."An applicant must undergo a TB test and obtain a medical clearance certificate from a health...

IMF's financial support pushes KSE above 8,000-point level

2009-08-17 00:00:00

KARACHI, Aug 16 : The Karachi stock market faced a bullish trading week as investor confidence was restored by the rise in financial support of International Monetary Fund (IMF) for Pakistan to $11.3 billion including $431 million for priority fiscal...

Indian market eyes global markets, monsoon activity

2009-08-17 00:00:00

MUMBAI, Aug 16, 2009 (AFP): India's stock market could edge upwards next week, tracking global market trends bolstered by a positive outlook from the US Federal Reserve on recovery from recession, analysts said.Gains, however, could be capped by domestic concern...

Commodities prices resume their upswing

2009-08-17 00:00:00

NEW YORK, Aug 16: A decade-long rise in commodities prices - the so-called supercycle - is about to resume, market bulls say, driven by rising industrial demand, a weaker dollar and production constraints, according to Investmentnews.If recent performance is any...