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Fish sanctuary in Halda river under threat

2009-09-07 00:00:00

CHITTAGONG, Sept 6 (BSS): Rehabilitation programme for the poor fishermen who fish in the Halda river has been stalled for the last two years in absence of a comprehensive policy guideline on the modus operandi of utilising the money sanctioned...

DU introduces Syeda Ali Afzal Award

2009-09-07 00:00:00

DU CorrespondentA philanthropist has donated Tk 0.5 million (5 lakh) to introduce 'Begum Syeda Ali Afzal Memorial Award' in the Department of Linguistics of Dhaka University (DU).Masarat Khan, daughter of Syeda Ali Afzal, handed over a cheque for the amount...

Seraj turns 55

2009-09-07 00:00:00

FE ReportPopular TV presenter of agricultural programmes and co-owner of private television Channel i, Shykh Seraj, celebrates his 55th birthday today. He was born in 1954 in Chandpur and was brought up in his parents residence at Khilgaon in the...

2 minors drown

2009-09-07 00:00:00

GAZIPUR, Sept 6 (UNB): A minor boy and a girl drowned in the river Turag at Shakaswar village in Kalikoir Upazila Saturday.The dead were identified as Safayet (8), son of Kazi Babul and his cousin Hira (7), daughter of Humayun...

Indian prisoner dies in Jessore Gen Hospital

2009-09-07 00:00:00

Our CorrespondentJESSORE, Sept 06: An Indian national died of heart attack in Jessore General Hospital Sunday morning.The deceased was identified as Rafiqul Islam (50) of Kaliganj police station in Nadia district of West Bengal, India.Partha Gopal Banik, deputy inspector general...

Woman garment worker injured in acid attack

2009-09-07 00:00:00

CHITTAGONG, Sept 6 (UNB): A female garment worker received serious burn injuries in an acid attack allegedly by her ex-husband at Pahartoli in the city Sunday.The victim was identified as Nasima Akhter (28), a worker of Arrow Jeans ltd.Witnesses said...

Govt relaxes rules for rental power plants

2009-09-07 00:00:00

M Azizur RahmanThe government would buy electricity from the proposed diesel and furnace oil-fired rental power plants for five years as the power ministry Sunday extended the timeframe following appeal from the prospective bidders.The ministry earlier had proposed to purchase...

15pc VAT on rented space, machinery imposed

2009-09-07 00:00:00

Doulot Akter MalaThe government has imposed a 15 per cent value added tax on commercially rented space, establishment and machinery to boost revenue amid concerns that it would hike up cost of doing business in major cities.The National Board of...

Kitchen market instability: Who to blame?

2009-09-07 00:00:00

Ahsan H. MansurAs surely as the month of Ramadan comes once a year, prices of certain fresh produce and other kitchen items get hot. Newspapers, TV news and talk shows, and consumers in general scream about the sky high prices...

Thousands pay last respects to Saifur

2009-09-07 00:00:00

FE ReportThousands paid their last floral-tribute to the former finance minister and veteran Bangladesh Nationalist Party (BNP) leader M Saifur Rahman at his three namaj-e-janazas in the capital Sunday. Hundreds of political leaders from all parties and a huge number...

BB readying 5-year strategic plan for banking sector

2009-09-07 00:00:00

FE ReportThe central bank, for the first time, has started preparation to formulate a five-year strategic plan for the country's banking sector, officials said. The Bangladesh Bank (BB) has already hired Insight and Ideas Limited, a consulting firm, to facilitate...

Apparel sector to get Tk 2.0b as subsidy before Eid

2009-09-07 00:00:00

FE Report The government is likely to disburse a subsidy of Tk 2.0 billion before the Eid-ul-Fitr to overcome the ongoing crisis faced by the apparel sector.Finance Minister AMA Muhith declared this to the leaders of Bangladesh Knitwear Manufacturers and...

DSE launches OTC market

2009-09-07 00:00:00

FE ReportThe Dhaka Stock Exchange (DSE) has launched the over-the-counter (OTC) market-a separate trading floor-- to facilitate trading of the non-listed and de-listed companies.Shares of companies that have been de-listed from the premier bourse will be placed on the OTC...

Parliament goes into 3rd session today

2009-09-07 00:00:00

Parliament goes into the third session today (Monday) amid a possible boycott of the main opposition BNP. Opposition chief whip Joynal Abedin Faruq said since they were now observing a three-day mourning programme that began Sunday following the death for...

Declaring manpower export as thrust sector in the offing

2009-09-07 00:00:00

The Parliamentary Standing Committee on Expatriates' Welfare and Overseas Employment Ministry at a meeting Sunday discussed the possibility of declaring manpower export as a thrust sector. An official release said the committee also focussed on the draft rules and regulations...

Bangladesh to take part in UK call centre expo

2009-09-07 00:00:00

Bangladesh would take part in the Call Centre Expo to be held at Birmingham in the United Kingdom (UK) in order to expand call centre business in the country. Chairman of Bangladesh Telecommunication Regulatory Commission (BTRC) Zia Ahmed said call...

Karzai moves into clear lead in Afghan vote

2009-09-07 00:00:00

KABUL, Sept 6: Afghan President Hamid Karzai Sunday moved into a clear lead in the controversial race for the presidency, with 48.6 per cent of the vote, according to partial results. Afghan officials announced results from 75 per cent of...

Rush for Navana CNG shares pulls down Dhaka stocks

2009-09-07 00:00:00

FE ReportDhaka stocks fell Sunday, led by insurance, energy and non-banking financial institutions, putting an end to the fourth consecutive session of gain.Trading at the Dhaka Stock Exchange (DSE) started on a high note as the benchmark DSE General Index...

Plea for credit to non-performing pvt sector jute mills turned down

2009-09-07 00:00:00

FE ReportThe Advisory Committee on Jute Sunday turned down a proposal for providing fresh bank credits to non-performing private jute mills.Chaired by Textile and Jute Minister Abdul Latif Siddiqui, the meeting also discussed the progress of the implementation of the...

Police beef up patrol in apparel hubs to prevent violence over Eid bonus

2009-09-07 00:00:00

Jubair HasanPolice have stepped up vigilance at the country's main industrial belts and watch on union leaders to tackle possible unrest after garment workers began demonstration to realise wages and bonuses ahead of Eid. The move comes after the apparel...

ACU payment pushes forex reserve down to $8.64b

2009-09-07 00:00:00

FE Report Bangladesh has made a routine payment of US$522 million to the Asian Clearing Union (ACU) against imports during July-August this year, the central bank officials said Sunday. The payment pushed the foreign exchange reserve down to $8.643 billion...

BGMEA clarifies statement on bailout package

2009-09-07 00:00:00

FE Report The country's apex apparel body has clarified its statement made at a press conference earlier Thursday saying that it created misunderstanding sparking sharp criticisms.Bangladesh Garment Manufacturers and Exporters Association (BGMEA) in a board meet -ing Sunday clarified that...

Dipu Moni leaves for Delhi today

2009-09-07 00:00:00

Foreign Minister Dipu Moni leaves for New Delhi today (Monday) to discuss with her Indian counterpart SM Krishna all the bilateral issues between the two neighbouring countries, such as trade and investment, sharing waters of the common rivers, border and...

Tributes to Saifur

2009-09-07 00:00:00

Saifur Rahman, the main architect of modern Bangladesh economy, is no more. He was killed in a road accident near B'baria on his way back to Dhaka from Maulavibazar Saturday afternoon. The Financial Express deeply condoles the demise of the...

Maladies of this administration

2009-09-07 00:00:00

Shamsher ChowdhuryThis government's entire focus on administration is faulty. It is more on sound and fury signifying nothing. It says "arrangements have been made to bring down" prices while in effect the prices are continually going up. The other day...

Survival of humankind: It all depends on us

2009-09-07 00:00:00

Shibli SadiqALL the talking, all the documentaries, all the international negotiations about climate change have resulted in a net achievement of less than nothing: Global emissions just keep going up and up. As Pete Postlethwaite's character says in the film...

Ramazan and prices

2009-09-07 00:00:00

It was declared with some fanfare about a month ago that government was girding up its loins and would take effective steps to do the market monitoring job during the month of Ramazan.Ramadan is well under way but there is...

'A job for every family'

2009-09-07 00:00:00

THE ruling Awami League had made pre-election commitment to provide jobs to one lakh (0.1 million) unemployed people. Its manifesto promised to provide jobs to at least one unemployed person of each family. What is the development now about such...

Why prices go up during Ramadan?

2009-09-07 00:00:00

BANGLADESH has a huge population, compared to its geographical size. Many of them do hardly take greater national interest into consideration. They tend to think more about their pocket; how to fill it. The businessmen, middlemen, wholesalers and retailers have...

WTO Ministerial 09: some concerns of the LDCs

2009-09-07 00:00:00

Manzur AhmedThe general council of the World Trade Organisation (WTO) decided in May that its seventh ministerial conference will be held at its headquarters in Geneva from November 30-December 2. The theme of this year's meeting is: "The WTO, the...