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Substantive dialogue

2009-08-14 00:00:00

Mahmudur RahmanWhen the largest sector of the economy actually proposes a caucus to negotiate its demands with the government, it means that there is "something rotten in the kingdom .." to quote from Shakespeare.It would appear that either the Bangladesh...

Prices of crystal sugar shoot up

2009-08-14 00:00:00

FE Report Prices of crystal sugar shot up by around 25 per cent in local markets in recent days, which refiners blamed for unusual price hike of raw sugar in international market.The prices of sugar now range between Tk 49...

Biman to resume Dhaka-NY flights from November

2009-08-14 00:00:00

Mashiur RahamanBiman Bangladesh Airlines is going to resume Dhaka-New York flights by the year end with newly leased Boeing 777 aircraft after almost three years, a senior Biman official said."We are re-opening the route by November this year," CEO and...

Hospitals advised to prepare for influx of swine flu patients

2009-08-14 00:00:00

Government hospitals in Bangladesh have been advised by IEDCR to prepare their outdoor patient wards for a potential influx of swine flu patients. The advice follows reports in the Indian media of the eighteenth fatality from the virus in the...

Low-pressure in gas supply will 'go within 2010'

2009-08-14 00:00:00

Low pressure problem in gas supply that has been severely hampering operation of industries and power plants across the country will go within next one and a half year, hopes the Petrobangla officials, reports UNB.The problem will be overcome by...

Mugger killed in city shootout

2009-08-14 00:00:00

FE Report An alleged mugger was killed during a shootout with police when a gang of miscreants was trying to snatch belongings from two traders at Sutrapur in the city early Thursday, police said.An officer of the Sutrapur Police Station...

Labour unrest looms large at Mongla port

2009-08-14 00:00:00

Our CorrespondentKHULNA, Aug 13: Over 1000 stevedore employees at Mongla Port have threatened to go on an indefinite strike from August 17, if their five-point demand is not met by August 16. Port sources said that the employees were agitating...

SC instantly stays HC order on Sayeedee travel ban

2009-08-13 00:00:00

Hours after the High Court Wednesday directed the government to allow ex-lawmaker Delwar Hossain Sayeedee to go abroad, the Supreme Court stayed operation of the HC order as the attorney general said he is a "war-crime suspect", reports UNB. Passing...

BHRC condemns Suu Kyi's house arrest

2009-08-13 00:00:00

FE ReportBangladesh Human Rights Commission (BHRC) Wednesday strongly condemned the military junta's verdict that sentenced the Myanmar democracy icon Aung San Suu Kyi to another 18 months under house arrest.In an official statement, the BHRC demanded Suu Kyi's unconditional release...

Trial of Bangabandhu's killers demanded

2009-08-13 00:00:00

JU CorrespondentJAHANGIRNAGAR UNIVERSITY, Aug 12: Bangladesh Chhatra League (BCL) demanded immediate execution of the court verdict passed for the assassination of Bangab-andhu Sheikh Mujibur Rahman at Jahangirnagar University campus on Tuesday.The demand was made from a human chain formed by...

Central bank advises govt to part with sick BCB

2009-08-13 00:00:00

Nazmul AhsanThe Bangladesh Bank has suggested the government to wash its hands of the Bangladesh Commerce Bank (BCB), a problem bank, and recommended a few options in this connection. The central bank suggestion came in the backdrop of an ever-deteriorating...

Market monitoring amid price-hike riddle

2009-08-13 00:00:00

Shahiduzzaman KhanOf late, the government has 'ordered' that wholesale and retail price charts must be displayed in all outlets of the market. Some shops were seen hanging such charts immediately after the commerce minister's announcement. Yet until early this week,...

Budget implementation faces many challenges: Muhith

2009-08-13 00:00:00

FE ReportPower shortage, lack of administrative efficiency and uncertainty over the global financial crisis are the three main challenges facing budget implementation, said Finance Minister Abul Maal Abdul Muhith Wednesday.Resource mobilisation is not a problem as far as budget implementation...

New policy for streamlining dealers' appointment, fertiliser distribution

2009-08-13 00:00:00

S M JahangirThe government adopted Wednesday a new policy for streamlining the process of appointing dealers and distributing fertiliser, abolishing the existing sales representatives under authorised dealers. Some other fresh provisions, including allowing local retailers to purchase fertiliser from the...

US assistance to B’desh rises

2009-08-13 00:00:00

FE Report'The US Government has provided over $5.0 billion to Bangladesh since 1971, and continues to provide significant resources to the country through the United States Agency for International Development (USAID),' the US Ambassador to Bangladesh James F. Moriarty in...

TCB may get tax waiver on five essential items

2009-08-13 00:00:00

Doulot Akter MalaThe government is contemplating offering tax-exemption to the state-owned Trading Corporation of Bangladesh (TCB) for procurement of five essential commodities and sell those at fair prices in Ramadan.The National Board of Revenue (NBR) is examining the proposal of...

FBCCI starts mkt monitoring

2009-08-13 00:00:00

FE Report The country's apex chamber body has started market monitoring programmes to keep prices of essentials stable, especially during the month of Ramadan. The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) earlier announced that it will monitor...

Hearing on mutual fund case Aug 19

2009-08-13 00:00:00

The High Court (HC) has set August 19 as the date for hearing on the mutual fund case, which was scheduled to take place Wednesday. The court, earlier, had adjourned the hearing twice. The investors filed a writ petition against...

KL to lift manpower ban once crisis eases

2009-08-13 00:00:00

Malaysia has once again told Dhaka that it would lift a ban on visas for Bangladeshi workers, but only after the Southeast Asian nation overcomes its own economic crises caused by the global recession. The statement came Wednesday as Malaysian...

Rid Pharma sued in Brahmanbaria

2009-08-13 00:00:00

The Directorate of Drug Administration Wednesday filed a case against Rid Pharmaceuticals Ltd in a Brahmanbaria court for production of illegal paracetamol syrup, found to contain a toxic chemical, and suspected of causing deaths of at least 25 children. --...

BB seeks opinion from PDs for selecting top 3 dealers

2009-08-13 00:00:00

FE Report The central bank has sought opinion from the primary dealers (PDs) by August 18 for fixation of criteria to select top three PDs for providing higher underwriting commission for treasury bills and bonds quarterly.The PDs have urged the...

PM orders continuing drive against river encroachers

2009-08-13 00:00:00

Prime Minister (PM) Sheikh Hasina Wednesday directed the authorities concerned to continue demolition of illegal structures on riverbanks across the country as the government is strongly committed to reviving the water-transport system for easier and cheaper communications, reports UNB.She also...

Tipaimukh dam absolutely hydroelectric project

2009-08-13 00:00:00

The leader of the fact-finding parliamentary delegation Wednesday said they had been cleared by India on three matters over the controversial Tipaimukh Dam, including the main one that it will be purely a hydroelectric scheme without any component of water...

Asia to enjoy more economic, political clout

2009-08-13 00:00:00

From Fazle Rashid NEW YORK, Aug 12: Mixed indications about the possible turnaround of the global economy are now emerging. Recovery in Asia begins to gather steam is the title of a four-column report in the New York Times (NYT)...

Dhaka stocks end slightly higher

2009-08-13 00:00:00

FE ReportDhaka stocks ended slightly higher Wednesday with the benchmark DGEN crossing psychological 3000-mark for the first time in six weeks. There will be no trade today (Thursday) as the market will remain closed due to public holiday on the...

Khaleda asked to appear before court on Aug 30

2009-08-13 00:00:00

A Dhaka court deferred hearing of embezzlement charges against opposition BNP chief Khaleda Zia in the Zia Orphanage Trust case Wednesday, as Khaleda, her son Tarique Rahman and four other accused in the case did not appear, reports bdnews24.com.Senior metropolitan...

HIGHLIGHTS

2009-08-13 00:00:00

Rani Padmini On SONY SET Thursday at 9-30 pm. Chittod Ki Rani Padmini Ka Johur (Mon-Thurs, 8.30 pm) - is the story of the beautiful warrior princess, known for her ethereal beauty, grit, valor, patriotism & sacrifice. History continues to...

AR Rahman won't attend Jackson tribute concert

2009-08-13 00:00:00

NEW DELHI, Aug 12: Music maestro AR Rahman will not be attending the Michael Jackson tribute concert in Chennai due to a Hollywood project."The Chennai concert, which is a tribute to Michael Jackson organised by my friend, will be a...

Jennifer Hudson gives birth to son

2009-08-13 00:00:00

LOS ANGELES, Aug 12: Oscar-winning actress Jennifer Hudson has given birth to a baby boy. The newborn weighed seven pounds and 14 ounces.The "Dreamgirls" star and her fiance David Otunga welcomed little David Daniel Otunga, Jr. Monday, reported imdb.com. "The...

TallTales &Trouble

2009-08-13 00:00:00

There may be as many as eight film releases of Shakib Khan during Eid. Three among them already got the censor certificates and they are waiting for the rest. Insiders say that at least five will definitely be released in...