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5-member panel to chair current session in JS

2009-09-08 00:00:00

At the outset of the first sitting of the third session of the ninth Jatiya Sangsad (JS) Monday, Speaker Abdul Hamid Advocate nominated a five-member panel of chairmen to preside over the sessions in absence of him and the Deputy...

UNDP to help sharpen skills of MPs

2009-09-08 00:00:00

FE Report The UN Development Programme (UNDP) has pledged to strengthen partnership with Bangladeshi legislators and continue its support for the parliament, its country head said Monday. Stefan Priesner, country director of the UNDP, said his UN agency is keen...

Govt urged to inform House about PSCs with foreign cos

2009-09-08 00:00:00

FE ReportLawmaker Rashed Khan Menon urged the government Monday to inform the parliament about the Production Sharing Contracts (PSCs) with foreign energy companies."The PSC should not contain any provision of gas export, when the country is reeling under acute gas...

Sonali Bank officers humiliate SCBA asst secy

2009-09-08 00:00:00

An office-bearer of the Supreme Court Bar Association (SCBA) was humiliated Sunday by officers of Sonali Bank, Supreme Court (SC) branch, angering the lawyers, reports UNB.Witnesses said the trouble started at about 1:00pm as principal officer Fazlur Rahman Miah refused...

Govt needs to focus on SW region to achieve MDGs

2009-09-08 00:00:00

KHULNA, Sept 7 (UNB): The government needs to focus on the country's southwestern part to achieve the Millennium Development Goals (MDGs), as the impact of climate change is going to take its toll on the region.Speakers told participants of an...

Climate change will affect agri, food sectors in Bangladesh

2009-09-08 00:00:00

FE Report Experts observed that climate change will increase temperature, decrease availability of fresh water, scale up the sea level, trigger glacial melting in the Himalayas, frequency and intensity of natural calamities, and compel shifting of cropping zones in Bangladesh...

New edn policy draft handed over to PM

2009-09-08 00:00:00

Prime Minister Sheikh Hasina Monday received the draft of the Education Policy 2009.Education Minister Nurul Islam Nahid handed over the draft copy of the country's new education policy to the Prime Minister at her office at the Jatiya Sangsad, reports...

ADB grants $55m loan for rural poverty eradication, flood protection

2009-09-08 00:00:00

FE Report The Asian Development Bank (ADB) is extending a $55 million loan to support small scale water services in Bangladesh that will help cut rural poverty, improve community involvement, and address the threat posed by severe floods and other...

Govt takes Tk 5.48b project for excavation of rivers

2009-09-08 00:00:00

SANGSAD BHABAN, Sept 7 (BSS): A project involving Tk 5.48 billion for re-excavation of the rivers and canals is now under process to give a fillip to the country's agriculture. The Draft Project Proposal (DPP) of the project titled "Rehabilitation...

Govt to introduce bus services for school children in Oct

2009-09-08 00:00:00

The government is going to introduce exclusive bus services for school children by late October as part of its efforts to ease traffic jams in the capital Dhaka, reports BSS. The Dhaka Transport Coordination Board (DTCB) has already reached an...

Eid shopping gains momentum in Ctg

2009-09-08 00:00:00

Our CorrespondentCHITTAGONG, Sept 7: Eid shopping has gained momentum in the port city as the consumers are on a shopping spree with less than two weeks to go before the festival. Consumers are moving from one market to another in...

Gas-based industries to be set up in Bhola

2009-09-08 00:00:00

BHOLA, Sept 7 (BSS): Awami League Presidium Member and Chairman of Bangladesh Sangbad Sangstha (BSS) Advocate Yusuf Hossain Humayun said today the government would take effective steps to ensure the development of the coastal district of Bhola.Advocate Yusuf Hossain, also...

Infant boy killed in city

2009-09-08 00:00:00

FE ReportAn infant boy was brutally strangulated to death, allegedly by a young man over an altercation with the baby's mother, at Kandair in the city's Uttarkhan area Sunday night.An officer of Uttarkhan police station said they recovered the body...

Agreement offering regional transit facility to landlocked members likely

2009-09-08 00:00:00

Nazmul AhsanAn agreement on Trade in Goods under the BIMSTEC Free Trade Area, providing for regional transit facilities among member countries with certain bias towards landlocked ones, is likely to be signed at the upcoming BIMSTEC ministerial meeting.The 12th ministerial...

Petrobangla for increasing LPG import to face gas crisis

2009-09-08 00:00:00

State-owned Petrobangla wants the government to encourage the private sector to increase liquefied petroleum gas (LPG) imports to meet the growing demand of domestic consumers, as it foresees short supply of gas in near future, reports UNB. According to official...

ECNEC likely to approve 300mw S'ganj plant today

2009-09-08 00:00:00

FHM Humayan KabirState-owned company EGCB will start construction of a 300-megawatt power plant at Siddhirganj early next year as the ECNEC is expected to approve the scheme today (Tuesday), officials said Monday.Power division officials said they had sought approval of...

Call money rate moves up ahead of Eid

2009-09-08 00:00:00

FE Report The inter-bank call money rate moved up slightly Monday as withdrawing funds from the market by the central bank ahead of the Eid-ul-Fitr festival. The short-term borrowings normally increase before the Eid festival to meet the growing demand...

Khaleda appears before court

2009-09-08 00:00:00

Charge sheet in graft case accepted-3Former Prime Minister and BNP Chairperson Khaleda Zia along with five others, including her elder son Tarique Rahman, stands trial in Zia Orphanage Trust graft case as a court in the city Monday accepted the...

SCB emerges top syndicated lender

2009-09-08 00:00:00

FE ReportStandard Chartered Bangladesh has emerged as the country's top syndicated lender as it controls as much as 60 per cent slice of such portfolio, the bank said Monday.The UK-based bank said it has arranged more than Tk 102 billion...

Dhaka stocks close lower for second consecutive day

2009-09-08 00:00:00

FE ReportDhaka stocks closed lower for the second session in a row Monday as the investors ran after Navana CNG shares offloading a portion of their other portfolios.The decline was led by insurance, energy, pharmaceuticals, banks and non-banking financial institutions.The...

Saifur Rahman laid to rest

2009-09-08 00:00:00

Bangladesh's longest-serving finance minister M Saifur Rahman was buried Monday at the family graveyard in Baharmardan of Moulavibazar after he died in a crash on the Dhaka-Sylhet Highway Saturday, reports bdnews24.com. The veteran BNP policymaker, credited with liberalising the economy...

503 govt officials promoted

2009-09-08 00:00:00

The government elevated 503 officials to higher ranks, ranging from deputy secretary to additional secretary, in a record number of mass promotions in the country's history. According to the Ministry of Establishment, 280 senior assistant secretaries have been promoted to...

Dipu Moni-Krishna talks in Delhi today

2009-09-08 00:00:00

Foreign Minister Dipu Moni reached New Delhi Monday afternoon for talks with Indian External Affairs Minister SM Krishna on the entire range of bilateral issues like trade, sharing the waters of common rivers, border demarcation, connectivity and security concerns for...

Tk 16.2m looted from NBL in Natore

2009-09-08 00:00:00

NATORE, Sep 7: Burglars took away Tk 16.2 million from the Kanaikhali old bus stand branch of the National Bank Limited (NBL) Sunday midnight. The police arrested two night guards and detained three bank officials for interrogation. Bank sources said...

El Salvador finds boat with Bangladeshis

2009-09-08 00:00:00

SAN SALVADOR (El Salvador), Sept 7: The Salvadoran navy says it has found 76 migrants from as far away as Bangladesh, Nepal and Eritrea aboard a boat in the Pacific. Navy Capt Maximiliano Corado says the boat was detected about...

Bill placed in JS to protect asset buyers, real estate developers’ interests

2009-09-08 00:00:00

FE ReportReal Estate Development and Management Bill-2009 was placed before parliament on Monday to bring discipline in the sector through protecting the interest of asset buyers and developers.State Minister for Housing and Public Works Abdul Mannan Khan forwarded the bill...

Seas 'threaten 20m in Bangladesh'

2009-09-08 00:00:00

Up to 20 million people in low-lying Bangladesh are at risk from rising sea levels in the coming decades, according to new research, reports BBC News.Scientists predict that salty water could reach far inland, making it hard to cultivate staple...

US retains top position as arms supplier

2009-09-08 00:00:00

From Fazle RashidNEW YORK, Sept 07: The United States, despite a minimal decline in the global arms sales due to recession, retained its number one position as world's leading weapons supplier and the United Arab Emirates (UAE) became the number...

Global gloom keeps growth in exports to OIC countries low

2009-09-08 00:00:00

Mashiur RahamanThe global economic recession kept the growth in the country's export earnings from OIC countries within 17 per cent in the fiscal year ended on June 30 last. The export growth in the previous fiscal year was recorded at...

New railway rules frustrate passengers

2009-09-08 00:00:00

Jasim Uddin Haroon Bangladesh Railway has started selling advance tickets for Eid festival from Monday amid frustration of passengers as 5.0 per cent quota has been reserved for the railway staff. Furthermore, the VIP priority tickets will be provided from...