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NBR rejects tax incentive plea for EPZs in less developed areas

2009-09-24 00:00:00

Doulot Akter MalaNational Board of Revenue (NBR) has rejected a proposal on offering special tax incentives for three export processing zones (EPZs) created in the less developed areas, officials said.Customs department has turned down the proposal of Bangladesh Export Processing...

Ceiling of investment in pensioners' savings certificate enhanced

2009-09-24 00:00:00

S M JahangirRetired government officials might be able to invest more in the state-run pensioners' savings certificate as the finance ministry has given its consent to the proposal for raising investment ceiling of the instrument, officail sources said."The proposal for...

Eid-ul-Fitr celebrated

2009-09-24 00:00:00

Muslims across the country celebrated Monday the holy Eid-ul-Fitr, one of their biggest religious festivals with much enthusiasm, religious fervour and fanfare, reports UNB. The Muslims, both rich and poor, offered Eid prayers and embraced each other in a serene...

Four coal-fired power plants to be set up

2009-09-24 00:00:00

M Azizur RahmanThe government has planned to set up four coal-fired power plants having a combined generation capacity of 2,000 megawatts (mw) at a cost of Tk 210 billion in a major drive to diversify the country's energy sources."The plants,...

Hasina dines with Ban, attends climate summit

2009-09-24 00:00:00

Prime Minister Sheikh Hasina, who arrived in New York Tuesday morning (NY time), joined 24 other heads of government at a dinner hosted by UN secretary-general Ban Ki Moon early Wednesday (Dhaka time), reports bdnews24.com. New York-based News World editor...

ADB forecasts 5.2pc GDP growth in FY 2010

2009-09-24 00:00:00

FE ReportThe Asian Development Bank (ADB) has forecast a 5.2 per cent growth in the economy of Bangladesh for the fiscal year (FY) 2010, as was projected earlier, given that the impact of the global downturn is being felt broadly.The...

Lotus Kamal made BCB president

2009-09-24 00:00:00

AHM Mostafa Kamal MP, popularly known as Lotus Kamal, has been appointed president of Bangladesh Cricket Board (BCB). He has replaced Lt Gen Sina Ibn Jamali, a BCB statement said Wednesday. Lotus Kamal, a senior figure in the ruling Awami...

Goods train derails in Pabna, rail link restored after 11 hrs

2009-09-24 00:00:00

PABNA, Sept 23: A goods train derailed at the Iswardi bypass rail-station early Wednesday, leaving communications with the north, south and eastern regions of the country disrupted for 11 hours. The disruption caused immense sufferings to the people returning to...

One killed in city road mishap

2009-09-24 00:00:00

A rickshaw-puller was run over by a minibus near Matsya Bhaban in Kakrail in the morning Wednesday, the first working day after the Eid holiday. A speedy minibus ran over two rickshaws heading towards Kadam Foara near Matsya Bhaban at...

Deadline for tax return submission may be extended

2009-09-24 00:00:00

FE ReportThe government is actively considering extending the deadline for submission of individual tax returns that is scheduled to expire next week (September 30).The National Board of Revenue (NBR) might extend the time considering poor response from the income taxpayers...

Tremors jolt parts of country on Eid day

2009-09-24 00:00:00

Different parts of the country, including the capital, were jolted twice on the Eid day (Monday), first at day-time and later at night, as tremors struck strongly beyond the borders, reports UNB.A 6.4-magnitude earthquake occurred on the Bhutan-China frontier, rattling...

Tk 60m gold stolen from city jewellery

2009-09-24 00:00:00

FE ReportDespite heightened police security arrangements during Eid vacation burglars decamped with gold ornaments worth about Tk 60 million from a jewellery shop at Gulshan on the night of the Eid.Dhaka Metropolitan Police had put in place a 3-tier security...

Festival fever persists

2009-09-24 00:00:00

FE ReportMost government and private offices, banks and financial institutions opened Wednesday on the very first working day Wednesday after a three-day Eid-ul-Fitr vacation with very little activities.In the Bangladesh secretariat, Bangladesh Bank, most private banks and commercial institutions pressure...

Move to strike deal on emission cut may fail

2009-09-24 00:00:00

From Fazle Rashid NEW YORK, Sept 23: The move to work out an agreement to curb emission of greenhouse gases with a view to replacing the Kyoto protocol has been doomed to failure. But Group of Twenty (G20) leaders exuded...

US agency approves $250m for global micro-finance lending

2009-09-24 00:00:00

Siddique Islam The country's micro-financing operation is likely to get a boost as a US agency has approved US$250 million to expand partnership with Citi in micro-lending worldwide. The Board of Directors of the Overseas Private Investment Corporation (OPIC), private...

Visitors denied entry into Khaleda's house

2009-09-24 00:00:00

Front and associate organisations of the opposition BNP protested Tuesday the government restriction on entry of some distinguished personalities into the Dhaka Cantonment residence of the party's Chairperson Khaleda Zia on the Eid day, reports UNB. In separate statements, president...

President leaves for S Arabia for six-day visit

2009-09-24 00:00:00

President Zillur Rahman left for Saudi Arabia Tuesday to pay a six-day state visit to Saudi Arabia at the invitation of Saudi King Abdullah Bin Abdul Aziz, reports UNB.A flight of the Biman Bangladesh Airlines carrying the President and his...

Durga Puja begins today

2009-09-24 00:00:00

'Sharadiya Durgotsav', the greatest religious festival of the Hindu community, begins across the country today (Thursday) with due religious fervour and in a befitting manner, reports BSS. In Dhaka, Ram Krishna Mission will begin the five-day Durga Puja in the...

US stocks rally, Europe mixed as Asian markets drop

2009-09-20 00:00:00

NEW YORK, Sept 19, (Agencies): Stocks edged higher Friday as investors looked to extend a strong run that has left major indexes up 2 per cent for the week. The market rose the first three days of the week on...

Govt to face criminals with iron hand: Tuku

2009-09-20 00:00:00

PABNA, Sept 19 (BSS): State Minister for Home Advocate Shamsul Haque Tuku said that the government would face with an iron hand those who want to commit crimes in the country."Through the ballot, people have rejected those who wanted to...

Due honour must be given to the valiant freedom fighters: speakers

2009-09-20 00:00:00

RAJSHAHI, Sept 19 (BSS): Speakers unequivocally said that the valiant freedom fighters must be given due honour and respect, as they are the best sons of the soil. Referring to their heroic contribution to the nation's war of liberation as...

Miscreants hurl bombs, spray bullets on Jubo Dal leader's house

2009-09-20 00:00:00

BHOLA, Sept 19(UNB): Unidentified miscreants hurled several bombs and fired bullets on the house of a Jubo Dal leader in Langalkhali area of Lalmohan Upazila town early Saturday.Police said, a gang of miscreants riding motorcycles attacked the house of Marshal...

PM places wreath at Bangabandhu's mazar

2009-09-20 00:00:00

TUNGIPARA (Gopalganj), Sept 19 (BSS): Prime Minister (PM) and Awami League President Sheikh Hasina placed wreath at the mazar of Father of the Nation Bangabandhu Sheikh Mujibur Rahman at 9.45 am Saturday.She offered fateha and munazat seeking eternal peace of...

Outlaw killed in shootout with police

2009-09-20 00:00:00

PABNA, Sept 19(UNB): An outlawed party cadre was killed in a shootout between his cohorts and police at Nandanpur village under Sadar Upazila Friday midnight.The deceased was identified as Shukur Ali (35), a cadre of outlawed outfit Janajuddha.Acting on secret...

AL-Jamaat-BNP clash leaves seven injured

2009-09-20 00:00:00

JHENIDAH, Sept 19 (UNB): At least seven people were injured in a clash between the activists of ruling Awami League and Jamaat-BNP at Rakhalvoga village under Moheshpur Upazila Friday.Local people said the clash erupted after the Jum'a prayers as a...

BOA announces SA Games sub-committees

2009-09-20 00:00:00

Bangladesh Olympic Association (BOA) in a bid to smoothly host the 11th South Asian Games announced on Friday, 20 member powerful sub-committees , mostly headed by Members of Parliament, reports BSS.State Minister for Youth and Sports Ahad Ali Sarker heads...

South Africa, Pakistan win while Kiwis slump

2009-09-20 00:00:00

JOHANNESBURG, Sept 19 (AFP): South Africa and Pakistan secured victories in their Champions Trophy warm-up matchesFriday, but New Zealand suffered a morale- sapping defeat. The hosts thumped an under-strength West Indies team by 188 runs at Senwes Park in Potchefstroom....

Federation Cup Football resumes Sept 29

2009-09-20 00:00:00

Bangladesh Football Federation (BFF) on Saturday released the revised fixture of the Citycell Federation Cup Football tournament that will resume on September 29 at two separate venues in the city -- Bangabandhu National Stadium and Banani Army Stadium, reports UNB....

Messi signs new two-year Barcelona deal

2009-09-20 00:00:00

MADRID, Sept 19 (AFP): Argentine star Lionel Messi Friday signed a new two- year deal with Spanish and European champions Barcelona which will keep him at the club until 2016, the team announced on its official website. A buy-out clause...

Wozniak advances at Quebec tennis

2009-09-20 00:00:00

QUEBEC CITY, Canada, Sept 19 (AFP): Canada's Aleksandra Wozniak cruised into the semi-finals and top seeded Russia Nadia Petrova withdrew from her quarter-final match at the WTA Bell Challenge with an illness.Instead of meeting Russia's Petrova in the semis, Wozniak...