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BGMEA demands Tk 30b from govt's stimulus package

2009-09-04 00:00:00

FE ReportBangladesh Garment Manufacturers and Exporters Association (BGMEA) has demanded immediate release of Tk 30 billion under the government's stimulus package to facilitate payment of wages and Eid bonus to garment workers. "We hope the government will announce the financial...

Three kg gold seized at Ctg airport

2009-09-04 00:00:00

CHITTAGONG, Sept 3: Customs officials in cooperation with law enforcers Thursday recovered 3.3 kilograms of gold from a flight at Chittagong Shah Amanat International Airport. Nobody instantly claimed ownership of the gold worth around Tk 75 million. Patenga police said...

Place BRTA under police to ease gridlock: Panel

2009-09-04 00:00:00

A parliamentary panel has observed that Bangladesh Road Transport Authority (BRTA) should be put directly under police administration to ease traffic snarls in capital Dhaka. "The police control traffic. We all blame the police for operation of unfit vehicles," Abdus...

Eight Khulna BB officials suspended

2009-09-04 00:00:00

The Bangladesh Bank (BB) has suspended eight officials including general manager (GM) of its Khulna Office following their alleged irregularities in cash handling. The central bank issues the suspension order Thursday evening, a senior BB official confirmed the FE.— FE...

Breakthrough in making swine flu vaccines

2009-09-04 00:00:00

Breakthrough in making swine flu vaccines BASEL (Switzerland), Sept 3 (AFP): Swiss pharmaceutical giant Novatis said Thursday it had tested a new swine flu vaccine that may require only one dose while China also unveiled a one-dose drug designed to...

Most of BD missions, commercial wings fail to achieve export target last fiscal

2009-09-04 00:00:00

Mashiur RahamanPerformance of 44 Bangladeshi missions and 16 commercial wings abroad has deteriorated during the last fiscal year, as most of those failed in promoting export in their assigned countries.The mission-wise export target and performance evaluation report of the Export...

Stalled Doha rounds to resume in Delhi today

2009-09-04 00:00:00

From Fazle Rashid NEW YORK, Sept 03: The stalled Doha rounds of talk aimed at achieving a breakthrough in clinching a trade deal that will be fair to both the developed and developing countries is resuming in the Indian capital...

Textile mills demand BB dispute settlement cell to solve LC rows

2009-09-04 00:00:00

Monira MunniTextile millers on Thursday demanded a dispute settlement cell in the central bank to resolve increasing number of rows over letters of credit between banks and the local importers.The Bangladesh Textile Mills Association (BTMA), the country's one of the...

Maintain law and order in garment industry: Tuku

2009-09-04 00:00:00

FE ReportState Minister for Home Affairs Shamsul Haque Tuku Thursday held a meeting with apparel makers of Narayanganj to discuss law and order in the sector.Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) leaders requested the minister at the meeting to...

First ever digital pre-paid cash card soon

2009-09-04 00:00:00

The country will soon get the first ever pre-paid cash card as Bangladesh Bank (BB) has decided to allow the commercial banks to issue the instrument for facilitating the customers, reports BSS. The central bank Tuesday initiated the cash digitalisation...

Review of duty and taxes on SIM card and mobile sets

2009-09-03 00:00:00

THE government, according to a report published the other day in this paper, might soon review the duty and taxes levied on mobile phone sets and subscriber identity module (SIM) cards in the budget for the current fiscal year. The...

Driving home the message of energy conservation

2009-09-03 00:00:00

Enayet Rasul BhuiyanBangladeshis are going through an energy crisis; the entire people of the country are suffering in varying degrees for it. They are also in the habit of cursing the government for the failure to supply more energy to...

For a clear manpower export policy

2009-09-03 00:00:00

Ferdous AlamDESPITE its importance in the economy, manpower export, left to the whims of private agencies, remains a neglected sector. The worker, whose remittance create the cushion for the country, often falls victims to exploitation, cheating and other corrupt practices...

Where is the change?

2009-09-03 00:00:00

ONCE again, the spectres of a hopelessly dysfunctional parliament and political instability are with us. But this was not the hope with which millions and millions of voters voted in the last held parliamentary election. They expected a rebirth of...

Electricity wastage on useless traffic signals

2009-09-03 00:00:00

THE automatic traffic signals no more work in what is now a hyper busy Dhaka city. Unlike in other modern cities, the traffic signals in Dhaka are only for show. The traffic police have been manually regulating the city's traffic...

Let's stand for humanity

2009-09-03 00:00:00

CONCERTED steps are needed to protect basic human rights, equality, peace and social justice and achieve sustainable social development. We also need to create awareness on trust-based relations among people of all religions. We have to empower the people at...

Syndicates do exist

2009-09-03 00:00:00

Some people insist that syndicates do not exist in Bangladesh. But they certainly do, as do multiple rent-seeking interests all along the delivery line in the market. The government should therefore take realistic steps and intervene properly to monitor the...

Cheats, frauds and extortionists galore

2009-09-03 00:00:00

Maswood Alam KhanTHE first lesson a cheat in the making religiously follows is the art and dexterity of winning people's confidence. A seasoned swindler before defrauding a victim first sorts through his or her penchants and presents himself as a...

Himalayan nations hold first climate talks

2009-09-03 00:00:00

Tarequl Islam Munna Nepal's prime minister opened the first climate change conference of Himalayan nations last Monday with a warning about the dangers of melting glaciers, floods and violent storms for the region. With 1.3 billion people dependent on the...

Trafficking networks need to be smashed

2009-09-03 00:00:00

TRAFFICKING networks spread across South Asia need to be smashed to save the unsuspecting victims, the girls, and women.Women and child trafficking, one of the worst human abuse is on the rise across the world today. A serious crime for...

Are we prepared to tackle the worst of swine flu?

2009-09-03 00:00:00

Swine flu scare has caught up with the city residents. Many schools have been closed for fear that the students might get infected. But what about the hundreds of thousands on the streets? Some people have taken to wearing face...

Issues for international trade

2009-09-03 00:00:00

BANGLADESH economy could face problems in its international trade for neglecting what it can do in this arena.Information and Communication Technology (ICT) has completely transformed business. Free market economy got a boost from online marketing. Bangladesh needs to be prepared...

Ending Eid travel agonies

2009-09-03 00:00:00

The millions of people who leave Dhaka city and other major cities every year for observing the same in their village homes or point of origin during the two Eids, are forced to suffer many travails in this period. The...

Moral courage

2009-09-03 00:00:00

MORAL courage helps a person more than physical courage. The distinction is clear. Physical courage means the courage to face physical dangers, such as bodily pain and death. Moral courage gives the strength for unarmed victory. Habibur Rashid IsmailChittagonghabibur.rashid.ismail@gmail.com

World stocks slide despite upbeat data

2009-09-03 00:00:00

LONDON, Sept 2 (AFP): Global stock markets slid today, with the heaviest losses seen in Asia, as investor confidence in economic recovery wanes despite positive economic data from around the world. "Compared to last months' optimism, investors seem afraid of...

Newspaper publisher Freedom files for bankruptcy

2009-09-03 00:00:00

WASHINGTON, Sept 2 (AFP): Freedom Communications, owner of the Orange County Register and 30 other newspapers, filed for bankruptcy yesterday, the latest victim of the crisis gripping the US newspaper industry. The Irvine, California-based company, which has 8,200 employees, filed...

Asian automakers get over half US auto sales for first time

2009-09-03 00:00:00

CHICAGO, Sept 2 (AFP): Asian automakers gobbled up more than half of US auto sales for the first time in August as a government-funded "Cash for Clunkers" program spurred demand for their fuel-efficient vehicles, industry data showed yesterday. Asian brands...

German auto scrapping bonus is ending

2009-09-03 00:00:00

FRANKFURT, Sept 2 (AFP): Germany's car scrapping premium was set to expire today after two million buyers took advantage of the government's landmark offer which has boosted the crisis-hit auto sector. But although the plan has succeeded in keeping domestic...

Call to set up poultry training centre in Joypurhat

2009-09-03 00:00:00

Our CorrespondentJOYPURHAT, Sept 2: The poultry farmers in the district have made an appeal to the government to establish a training centre for boosting the local poultry industry.Joypurhat district has already gained reputation as a large poultry growing area in...

Hyundai Mobis wins two billion dollar order from Chrysler

2009-09-03 00:00:00

SEOUL, Sept 2 (AFP): Hyundai Mobis said today it has won a two- billion-dollar order from US automaker Chrysler in what it called the largest- ever contract for a South Korean autoparts maker. The company, a subsidiary of the country's...