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Padma Bridge cost may hit $2.0b

2009-08-29 00:00:00

Munima SultanaThe cost of the Padma multi-purpose bridge is likely to hit two billion dollars as experts and consultants have decided to build the country's biggest construction project with steel. Officials said the consulting firm Maunsell AECOM finalised the 'scheme'...

Bangladesh faces dilemma over new TIFA draft

2009-08-29 00:00:00

Nazmul AhsanThe ministry of commerce is in a dilemma over initiating fresh talks with Washington on the Trade and Investment Framework Agreement (TIFA), keeping some controversial clauses of the draft agreement unchanged.The US has recently insisted Dhaka on signing the...

Petrobangla to sign gas co-op deal with top Chinese energy giant

2009-08-29 00:00:00

M Azizur Rahman Petrobangla will sign a wide-ranging deal with China National Petroleum Corporation (CNPC) very soon, allowing the Chinese energy giant to make its foothold in the country's gas and oil sector, officials said Thursday. Prime minister Sheikh Hasina...

Tax revenue collection surpasses target in July

2009-08-29 00:00:00

Doulot Akter MalaThe income tax department set an impressive trend of revenue collection at the outset of the current fiscal when it surpassed the target for the first month by Tk 50 million.This has been possible because of government close...

Road blockaded at Keraniganj for power, gas

2009-08-29 00:00:00

KERANIGANJ, Aug 28 (UNB): Angry mob put blockade on the Dhaka-Mawa Highway near the Buriganga Bridge in Hasnabad area Friday demanding smooth supply of electricity and gas in the area.Hundreds of people took position on the busy highway after Jum'a...

Azad Group chief arrested for assaulting CID inspector

2009-08-29 00:00:00

FE ReportPolice arrested Abul Kalam Azad, chairman of Azad Group, from a city hotel at Purana Paltan Thursday night for his alleged attempt on the life of a CID (Criminal Investigation Department) inspector, police said.An officer of Paltan police station...

19 more swine flu cases detected

2009-08-29 00:00:00

Nineteen more cases of swine flu have been detected in the country, taking the total number to 163, Institute of Epidemiology, Disease Control and Research (IEDCR) Director Mahmudur Rahman said Friday. "Of the new, detected with the virus, one came...

Katakhali plant to generate 50mw power soon

2009-08-29 00:00:00

RAJSHAHI, Aug 28: Katakhali Power Generation Centre is going to produce 50 megawatts (MW) of electricity in the next six to nine months on a rental basis. The Power Development Board (PDB) will also complete all necessary work to make...

Three drown as boat capsizes in Narsingdi river

2009-08-29 00:00:00

NARSINGDI, Aug 28: Three people drowned and at least four went missing when a boat capsized in the river in Raipura Upazila of Narsingdi Friday afternoon. The dead were identified as Mizan (8), Abdul Mannaf Mia (70) and Farooq Mia...

Storage problem scuttles govt plan to raise Boro purchase target

2009-08-29 00:00:00

S M JahangirThe government is finding it difficult to raise the Boro procurement target in absence of storage facilities, despite getting a 'huge response' from the local rice suppliers, officail sources said."A previous such plan faced a major blow mainly...

US banking sector unlikely to rebound soon

2009-08-29 00:00:00

From Fazle Rashid NEW YORK, August 28: The grim news is the US banks lost $3.7 billion in the second quarter more than earlier estimated. The amusing news is Britain has levied a value added tax (VAT) of pound sterling...

Dhaka stocks head downward as investors bide time

2009-08-29 00:00:00

FE Report The Dhaka Stock Exchange (DSE) experienced a downward trend in the week that ended Thursday after a moderate gain in the previous week. The share price movement was a bit slow as the investors took a cautious approach...

Plea to reverse egg import decision

2009-08-29 00:00:00

FE ReportPoultry leaders Friday urged the government to withdraw the import decision as the price of eggs has started falling in local market and would come down further within next week, said a statement. They warned that the government's decision...

Mob kills RAB man in Habiganj

2009-08-29 00:00:00

HOBIGANJ, Aug 28 (bdnews24.com): A RAB man was beaten to death by a mob Friday after he had chased two youths at Noahati under Madhabpur Upazila in the district, the police said. Habiganj superintendent of police (SP) Akkas Uddin Bhuiyan...

Banana market size in city over Tk 10m a day this Ramadan

2009-08-29 00:00:00

Jasim Uddin HaroonThe city's banana market size has reached around Tk 7.0 million at wholesale level a day during this holy month of Ramadan, senior banana traders told the FE. The senior traders said this based on the trucks that...

Judges were retired on PM's orders: H T Imam

2009-08-29 00:00:00

The prime minister's advisor H T Imam said on Friday that two judges had been sent into forced retirement on the prime minister's orders in July, reports bdnews24.comSpeaking to reporters at his Hare Road residence, Imam said he was not...

Forming export & trade dev fund for overseas missions advised

2009-08-29 00:00:00

The Parliamentary Standing Committee on the Ministry of Foreign Affairs at a meeting has discussed formation of an export and trade development fund for Bangladeshi embassies, reports BSS. Members of the committee also advised the ministry to take necessary steps...

No top executives of GP sacked, CFO quits

2009-08-28 00:00:00

Grameenphone's (GP) chief financial officer Arif-al Islam resigned this week, but speculation that several senior executives of the largest mobile-phone operator have been sacked are baseless, GP officials said Thursday, reports bdnews24.com Media-savvy Rubaba Dowla, chief communications officer, was at...

Alleged extortionist shot, injured in police firing

2009-08-28 00:00:00

FE ReportAn alleged extortionist was injured in a gunfight with the police at Modhya Monipur of Mirpir in the city early Thursday, police said.The injured was identified as Arif, 26.Mirpur police conducted a drive at Modhya Monipur play-ground around 2:30am...

Spices go dearer in local markets

2009-08-28 00:00:00

Monira Begum MunniPrices of spices have sharply increased in the local markets as their demand has gone up with beginning of Ramadan month.Spices have become dearer also because of the price hike in the international markets, market sources said."Since the...

Khoka offers assistance to JS probe body

2009-08-28 00:00:00

Dhaka city Mayor Sadek Hossain Khoka Thursday said he would extend his assistance to a parliamentary probe committee tasked with uncovering alleged corruption at Dhaka City Corporation (DCC), a day after the committee alleged he was hampering their investigations, reports...

India targets emerging markets to offset export slide

2009-08-28 00:00:00

NEW DELHI, Aug 27 (AFP): India plans to boost trade with emerging markets in Africa and South America to offset a slide in exports to recession-hit developed nations, Commerce Minister Anand Sharma said Thursday.He said the country was aiming for...

China says no imminent risk of inflation

2009-08-28 00:00:00

BEIJING, Aug 27 (AFP): China's top economic planning agency said Thursday there was no imminent threat of a spike in inflation, but it urged officials at all levels to be on the look-out for sudden price rises.The statement from the...

Philippines economy grows 1.0 pc in first half: govt

2009-08-28 00:00:00

MANILA, Aug 27 (AFP) : Government spending on construction helped boost the Philippines economy, officials said Thursday, adding that growth in the second quarter had put Manila in striking distance of its full-year target.Data showed the economy expanded 1.5 percent...

Bone Marrow Transplantation Centre to be established

2009-08-28 00:00:00

Grameen Health Care Trust and Cure2Children Foundation of Italy will jointly establish a Bone Marrow Transplantation Centre for Thalassemia in Bangladesh, as a boon for many who fall victim of the crippling disease, reports UNB.Nobel laureate Professor Muhammad Yunus, chairman...

PM inaugurats Nazrul Mausoleum

2009-08-28 00:00:00

DU Correspondent Prime Minister Sheikh Hasina Thursday inaugurated the newly constructed National Poet Kazi Nazrul Islam Mausoleum (Nazrul Complex) at the Dhaka University premises. She opened the Nazrul Complex erected at the tomb of the poet close the DU central...

Five accomplices of dacoit Shahid arrested

2009-08-28 00:00:00

FE Report Detective police in a drive arrested five accomplices of "dacoit Shahid" from the city's Badda area Monday night, a DMP press release said.On a tip-off, a police team of Badda P.S., led by Assistant Commissioner of detective branch...

One shot dead

2009-08-28 00:00:00

GAIBANDHA, Aug 27 (UNB): A man was shot dead and four others were injured in an attack by pirates at Madaripara Char in Sunderganj Upazila Thursday.

Flood situation continues improving, erosion at places in N- dists

2009-08-28 00:00:00

RANGPUR, Aug 27 (BSS): The overall flood situation further improved significantly everywhere in the northern districts with sharp fall of river waters with almost no rainfalls in 24 hours ending this noon, officials said.Following recession of floodwaters, stronger river currents...

Journalist shot dead by muggers

2009-08-28 00:00:00

GAZIPUR, Aug 27 (UNB): A journalist of a weekly newspaper was shot dead by muggers at Mirerbazar under Sadar Upazila here Wednesday.The deceased was identified as SM Ahsan Bari (42), executive editor of weekly Samprotik Somoy, published from the capital...