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SC rejects govt petition against Khaleda bail

2009-08-03 00:00:00

The Supreme Court (SC) Sunday rejected a government petition against Leader of the Opposition and BNP Chairperson Khaleda Zia's bail in the Zia Orphanage Trust case, reports bdnews24.com. A full four-member Appellate Division bench, headed by Chief Justice MM Ruhul...

Six suspected HuJI leaders arrested

2009-08-03 00:00:00

FE ReportMembers of the Rapid Action Battalion (RAB) in separate drives across the country Saturday arrested six suspected leaders of banned militant outfit Harkat-ul-Jihad-al Islami (HuJI), RAB sources said.Acting on a tip-off, a team of RAB's intelligence wing raided a...

Major importing countries oppose restriction on foreign shipping lines

2009-08-03 00:00:00

Nazmul AhsanSome diplomatic missions in Dhaka, including those of major importers of Bangladesh goods, have expressed their serious reservation about the recent government decision to bar the fully foreign-owned shipping companies from doing business in the country. In joint as...

Overseas jobs post steepest fall in July as new work dries up in ME

2009-08-03 00:00:00

Mashiur RahamanBangladesh's overseas jobs recorded the biggest fall in July as new employment opportunities in the Middle East and South East Asia squeezed further due to the impact of the global meltdown, officials said Sunday.Figures released by the government's Bureau...

MRA to seek fresh prayer from MFIs to issue licences

2009-08-03 00:00:00

FE Report The Micro-credit Regulatory Authority (MRA) will seek fresh applications from micro-finance institutions (MFIs) to issue licences from January 2010, officials said. The country's micro-credit watchdog body also formed a six-member committee to formulate a guideline to regulate wholesale...

FBCCI's move to contain price hike of essentials in Ramadan

2009-08-03 00:00:00

FE Report The county's apex chamber body will monitor the city's kitchen markets during the month of Ramadan to keep prices of essentials stable in the holy month, FBCCI sources told the FE Sunday. Both retailers and wholesalers raise the...

Dhaka stocks gain for fifth straight session

2009-08-03 00:00:00

FE Report Bulls dominated the Dhaka share trading for the fifth day in a row on Sunday, led by multinational companies, mutual funds, energy and pharmaceuticals stocks. The market gained sharply in the first hour of the first and kept...

Govt retracts forced retirement orders on two judges

2009-08-03 00:00:00

The government Sunday decided to retract its punitive orders sending on forced retirement two judges who had led an angry demonstration inside the restricted premises of Bangladesh Secretariat, reports UNB. Law Minister Barrister Shafique Ahmed told reporters at his Secretariat...

Delay in announcing pay scale frustrates govt officials

2009-08-03 00:00:00

Sheikh Shahariar ZamanThe delay in announcing the new government pay scale has created resentment among the officials."In the budget the finance minister declared that the new pay-scale would be effective from July 1 but this is August and we still...

BGMEA, BKMEA call for revoking gas tariff hike

2009-08-03 00:00:00

FE ReportThe country's ready-made garment manufacturers Sunday urged the government to withdraw its decision to raise gas tariffs. Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and the Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) made the call in separate press...

WB regional VP arrives today

2009-08-03 00:00:00

World Bank (WB) Vice President for South Asia region Isabel M Guerrero will arrive in the city today (Monday). Guerrero is scheduled to host a WB conference Wednesday titled 'South Asia Development Marketplace on Nutrition.' — FE Report

Ex-UK HC Anwar Choudhury due today

2009-08-03 00:00:00

Former British High Commissioner to Bangladesh Anwar Choudhury, presently Director of the International Institutions at the UK's Foreign and Commonwealth Office (FCO), arrives in the city today. — UNB

Bangladeshi seafarers lose out in global shipping jobs

2009-08-03 00:00:00

Munima SultanaOverseas jobs for Bangladeshi crew has declined by 92 per cent in the last three decades while fewer mariners are finding work in the global merchant shipping companies, officials and experts said Sunday.Years of neglect by authorities meant Bangladesh...

Embargo on gas supply to new areas until output reaches 2200mmcfd

2009-08-03 00:00:00

The government has decided in principle not to include any new area under the gas-supply network until the daily production increases up to 2200 million cubic feet per day (mmcfd), reports UNB.Energy and Mineral Resource Division of the Ministry of...

'Poor investment trend responsible for large excess liquidity in banks'

2009-08-03 00:00:00

FE ReportFinance Minister AMA Muhith pinpointed Sunday the prevailing poor investment trend as the key reason behind the presence of a large amount of idle money in the country's banking system.The commercial banks operating in Bangladesh are awash with an...

CAB seeks tough laws, coordination council to ensure food, drug quality

2009-08-03 00:00:00

FE ReportA leading consumer watchdog Sunday demanded tough regulations for pharmaceutical companies, a coordinated council with real teeth and a sophisticated testing lab to ensure quality of food, medicine and cosmetics in the country.The Consumer Association of Bangladesh (CAB) made...

Govt to minimise VAT net, but to expand income tax net: Faruk

2009-08-03 00:00:00

Commerce Minister Lt Col (retd) Faruk Khan on Sunday said the government would minimise the net of VAT (value added tax) gradually, but the income tax net would be expanded, reports UNB."It's not possible to waive all types of taxes...

Dr Sadiq joins PRI as Vice Chairman

2009-08-03 00:00:00

FE ReportDr. Sadiq Ahmed has joined the Policy Research Institute (PRI) of Bangladesh as its Vice Chairman.A leading Bangladeshi economist, Dr. Sadiq Ahmed has taken early retirement from the World Bank (WB), to team up with his economist colleagues at...

New minister focuses on improving power supply

2009-08-03 00:00:00

FE ReportThe newly-appointed state-minister for power and energy Brig Gen (retd) Enamul Haque said Sunday that he would try his best to improve the country's power supply situation for betterment of the economy. "My main objective is to overcome the...

DSE fines six firms for failing to submit un-audited accounts

2009-08-03 00:00:00

FE ReportThe Dhaka Stock Exchange (DSE) has fined six companies for failing to submit their un-audited half-yearly accounts to the bourse within the July 31 deadline, says a DSE press release Sunday.The defaulting companies are Bangladesh Electric Meter Company, German...

HIGHLIGHTS

2009-08-03 00:00:00

Ba'al - The Storm GodOn HBO Movies Monday at 10 -30 pmBizarre storms wrack the US while simultaneously gruesome murders are occurring. Two scientists find a Sumerian statue of the storm god Baal and conclude that the storms and murders...

TWO WOMEN / DO ZAN (Colour, 96 minutes)

2009-08-03 00:00:00

Directed by Tahmineh Milani, IranTwo women who have been close friends and classmates in the College of Architecture, are detached for various reasons - one of them Cultural Revolution in Iran. They find each other after 15 years and review...

Irregularities in RHD project execution

2009-08-03 00:00:00

The latest directive given by the Prime Minister seeking a report from the Ministry of Communications on the on-going road and bridge construction projects at the meeting of the Executive Committee of the National Economic Council (ECNEC) was a move...

Traffic gridlocks and harsh realities

2009-08-03 00:00:00

Shamsul Huq Zahid Dhaka's traffic system is in a total mess. May it be noon or midnight, main road arteries of the city remain clogged with vehicular traffic. Following a heavy to moderate rain or movement of a VVIP, the...

Dangers lurking in the vast informal money market

2009-08-03 00:00:00

Md AsaduzzamanJubok, a non-government organisation (NGO), pretended as a bank, took money from its depositors with the lure of interest rates high above the market rate and then failed to keep its commitments. The arrest of the chief executive of...

HIGHLIGHTS

2009-08-02 00:00:00

MohabbatenOn SONY SET Sunday at 9-30 pm. In India, open romance is forbidden, as is showing affection in public. A college principal named Narayan is a strong believer in this, aware that a male student named Vicky is in love...

'New wave' directors make a splash in Bollywood

2009-08-02 00:00:00

MUMBAI, July 31 (AFP): India's Hindi-language film industry has traditionally been a tight-knit affair, with generations of actors, producers and directors forging careers in what was effectively a family business.But a number of "new wave" directors are now breaking the...

Academy's 'Keeper of the Oscars' dead at 48

2009-08-02 00:00:00

LOS ANGELES - Steven Miessner, the motion picture academy's devoted "Keeper of the Oscars" who each year donned his signature white gloves to get the golden statuettes ready for their closeup before a worldwide audience, is dead at age 48.Miessner...

TallTales &Trouble

2009-08-02 00:00:00

Given below is the story in brief (kahini shongkhep) of "Keyamot" (Götterdämmerung) released some time ago: It so happens that Amin Khan accosts a soothsayer on the road and demands the man foretell his future whereupon the man exclaimed: "Explore...

Creating opportunities for higher and diverse education

2009-08-02 00:00:00

THE news last week that the pass rate of over 70 per cent was maintained in the Higher Secondary Examination (HSC), was not an unmixed one. There is satisfaction and also anxiety, for even the star performers in these examinations,...