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Traffic congestions eat up Tk 96b extra fuel of city vehicles: study

2009-09-19 00:00:00

Munima SultanaMotor vehicles burn extra fuels worth Tk 96 billion a year in traffic jams in the city's busy arteries, a Roads and Highways Division study said.The amount is a quarter of the country's total fuel import in the 2008-9...

Indian panjabis, saris dominate Eid shopping

2009-09-19 00:00:00

Mehdi Musharraf BhuiyanExpensive Indian saris and other apparels have virtually monopolised the city's top retail outlets just before the Eid ul-Fitr festival as the nation's busiest shopping season nears the end.Big names among the city's popular destinations for Eid shopping...

Bangla-US relationship now more focussed on economic issues: Dipu Moni

2009-09-19 00:00:00

Foreign Minister Dipu Moni said US-Bangladesh relationship has undergone a transformation-from aid dependence to an economic relationship that focused on trade and investment, reports UNB.In this regard, she laid emphasis on the importance of duty-free and quota-free access of Bangladeshi...

Buying pressure gains momentum at the end of Ramadan

2009-09-19 00:00:00

FE Report Dhaka stocks recovered in the week that ended Thursday, boosted by expectation that the market might be buoyant after nine-day long Eid holiday. The benchmark DSE General Index (DGEN) surged 116.36 points or 3.95 per cent to end...

HP launches new notebook PCs

2009-09-19 00:00:00

S M Jahangirback from Singapore Hewlett-Packard (HP), the world's top PC maker, has introduced a series of thin, light and stylish notebook PCs, aiming to further raise its share in the global PC market.Among them, the new stylish and eye-catching...

Ershad terms army pullout from CHT premature decision

2009-09-19 00:00:00

CHITTAGONG, Sept 18 (UNB): Jatiya Party (E) Chairman HM Ershad said Friday the army pullout from the Chittagong Hill Tracks (CHT) was a premature decision of the government."Internal and external conspiracies are behind the withdrawal of troops from the CHT,"...

Bangladesh’s river gypsies forced onto dry land

2009-09-19 00:00:00

KHURIA, Sept 18 (AFP): At the end of every year, after the monsoon rains, Noor Hossain dismantles his houseboat on the Bangladeshi delta and heads to the mainland. This time he will not be coming back.Hossain is one of about...

G20 measures will save or create up to 11m jobs: ILO

2009-09-19 00:00:00

GENEVA, Sept 18 (AFP): Measures taken by Group of 20 countries to protect workers will create or save up to 11 million jobs in 2009 when global unemployment is expected to hit a record high, the head of the ILO...

Mugger's body recovered in city

2009-09-19 00:00:00

FE ReportPolice recovered dead body of an alleged mugger from a jheel (lake) at Rampura in the city.The deceased was identified as Rasel, 23, son of Akhter Hossain, a trader. He used to reside at a rented house at 363/7,...

Shipments feared to suffer during long 11-day vacation

2009-09-19 00:00:00

Jasim Uddin Haroon Shipments of exports, especially apparel items, are feared to suffer while all others in the country will be celebrating the Eid and puja festivals during the long 11-day vacation, which has already got underway. The government has...

Workers again halt Ctg port operation over bonus

2009-09-19 00:00:00

FE Report The Chittagong port operation came to a grinding halt again for at least six hours Friday following work abstention by a section of workers to enhance Eid bonus, largely disrupting its loading and unloading activities.Earlier on Thursday, hundreds...

Eid exodus eases traffic situation

2009-09-19 00:00:00

FE ReportDhaka city dwellers are about to be in comfort as chronic traffic congestion on the roads and streets has started easing significantly as people in their thousands are departing for their homes on the occasion of an extended eid...

JS body for additional Tk 1.0 against each dollar of exporters, expats

2009-09-19 00:00:00

Doulot Akter MalaA parliamentary standing committee recently suggested the government to offer an additional Tk 1.0 against each dollar fetched by exporters and expatriate workers as an incentive to boost the country's foreign exchange earnings, officials said.However, economists have criticised...

Computerised land management system to be introduced in all UZs

2009-09-19 00:00:00

FE ReportThe Land Ministry is moving to introduce a fully "Computerised Land Management System" at all the upazila (UZ) A.C. (Land) offices in the country to digitally track down and update all land related data and records through easy access....

SCBs giving in to PCBs

2009-09-19 00:00:00

Sheikh Shahariar ZamanState-owned commercial banks (SCBs) have been losing ground to private commercial banks (PCBs) in their transactions and according to an official data, deposit and lending position of SCBs showed a dismal performance up to June, 2009 as they...

Shab-e-Qadar, Jumatul Wida observed

2009-09-19 00:00:00

Muslims observed the holy night of Shab-e-Qadar, or Lailatul Qadar, Thursday night, marking the revelation of the holy Quran, reports bdnews24.com. The Quran was revealed on this night to show mankind the path to eternal emancipation. The night has been...

IMF chief urges more aid for poor countries

2009-09-19 00:00:00

WASHINGTON, Sept 18 (AFP): International Monetary Fund chief Dominique Strauss-Kahn yesterday called for stepped-up aid to poor countries to help them recover from the global economic crisis. "We must make sure that any global recovery also lifts the low-income countries....

Lightning kills five of a family

2009-09-19 00:00:00

LALMONIRHAT, Sept 18: Five people of a family, including four girls, were killed and another was injured by lightning at Kamolabari village under Aditmari Upazila Friday. The dead were identified as Fatema Khatun (28), her minor daughter Shamsunnahar (2) and...

Bangladeshi dies in S Arabia road crash

2009-09-19 00:00:00

Five people including a Bangladeshi were killed early Thursday when a bus rammed into a water tanker near the Jeddah checkpoint on its way from Makkah on the Jeddah-Makkah Expressway, Arab News said Friday. The dead were identified as a...

HIGHLIGHTS

2009-09-18 00:00:00

Boogie WoogieOn SONY Ent TV Friday at 9-30 pm.The original dance show, only one of its kind, to hit Indian Television, Sansui Boogie Woogie, recently completed 10 glorious years. The dance show, that continues to rock the small screen with...

Priyanka Chopra comes forward for a social cause

2009-09-18 00:00:00

Bollywood stars have always been known for their association with social cause. Now, Priyanka Chopra does her bit by supporting the "Save the Children" campaign which aims to provide quality education to eight million children living in conflict-affected areas. The...

ADB report on the economy

2009-09-18 00:00:00

The latest report of the Asian Development Bank (ADB) on the Bangladesh economy is a pointer to the need to do more in some areas to make the most by this country when the global economic recovery is taking longer...

Issues to consider before joining the Asian Highway project

2009-09-18 00:00:00

Syed JamaluddinThe Asian Highway project was conceived in 1959. This grand project of building a highway in the Asian continent was sponsored by the Economic and Social Council for Asia and the Pacific(ESCAP) of the United Nations. The project remained...

The extra burden on Eid travellers

2009-09-18 00:00:00

A B M SamadHOW many people leave Dhaka city on the occasion of Eid? No one can say for sure. But, according to guess estimates over five million of the city's 15 million people celebrate Eid in the countryside. The...

Eid shoppings and price demands

2009-09-18 00:00:00

SOMETIMES I feel that Eid is an event for younger people. From ten-year olds to those in their early twenties, people who can afford it and even those who cannot, most seem to be very conscious about the latest in...

Traffic jams: Army to the rescue always?

2009-09-18 00:00:00

THE traffic jams in our fair capital is so bad that out-of-towners, that is visitors from other towns and cities are appalled by the phenomena. My friend Montu lives in Bogra, which in its own right has grown at a...

Global shares rally, dollar hits 1-year low

2009-09-18 00:00:00

HONG KONG, Sept 17 (Reuters): Asian stocks hit their highest level in 13 months Thursday on signs the global economic recovery could be strengthening, while the dollar slid to a fresh one-year low as investor optimism eroded its safe haven...

Indian wholesale prices rise for first time since May

2009-09-18 00:00:00

MUMBAI, Sept. 17 (Bloomberg): India's wholesale prices rose for the first time in 14 weeks as a nascent global economic recovery pushed up the cost of commodities and manufactured goods.The benchmark wholesale-price index climbed 0.12 per cent in the week...

IFIC Bank B’baria branch holds doa and Iftar mahfil

2009-09-18 00:00:00

Our CorrespondentBRAHMANBARIA, Sept 17: International Finance Investment and Commerce Bank Limited (IFIC) Brahmanbaria branch organised a Doa and Iftar Mahfil at its office premises Monday. IFIC first assistant vice-president and manager of Brahmanbaria branch Md Abdur Rob presided over the...

Pakistani stocks end on highest closing this year

2009-09-18 00:00:00

KARACHI, Sept 17 (Reuters): Foreign investors' appetite for Pakistani energy shares helped Karachi's benchmark index close at its high level this year Wednesday, though local institutions stayed on the sidelines ahead of a long holiday, dealers said.The Karachi Stock Exchange's...