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Wireless broadband technology 'Augere' launched

2009-07-22 00:00:00

Finance Minister AMA Muhith inaugurated the country's first-ever wireless broadband technology 'Augere' at a city hotel Tuesday evening. Post and Tele Communications Minister Raziuddin Ahmed Raju and Information Minister Abul Kalam Azad were also present at the function organised by...

Drought-like situation deals major blow to Aman plantation

2009-07-22 00:00:00

S M JahangirAn unusual drought-like situation is dealing a major blow to the current 'Aman' plantation especially in the country's northern region, risking the achievement of bringing 5.8-million hectares under cultivation, official sources said. The Department of Agriculture Extension (DAE)...

SEC gives 29 cos until Jan 1 to dematerialise shares

2009-07-22 00:00:00

FE ReportThe capital market watchdog has set January 1 next as the deadline for the 29 A-category companies to convert their paper-based shares into the electronic form.The companies will be downgraded to the B-category unless they comply with the directive...

Install pre-paid meters to check power theft, system loss

2009-07-22 00:00:00

FE ReportState Minister for Power Shamsul Haque Tuku Tuesday asks the Bangladesh Power Distribution Company Limited (BPDC) to install pre-paid electric meters to minimise power theft and systems loss."Take initiative to replace traditional meters with pre-paid ones as early as...

Decision on lease of offshore blocks tomorrow

2009-07-22 00:00:00

M Azizur RahmanThe long pending lease of offshore blocks to US ConocoPhilips and Irish Tullow will be decided in the meeting of the cabinet committee on economic affairs Thursday (tomorrow), said officials.The economic affairs committee, headed by Finance Minister AMA...

Another Laskar-e-Taiyeba man held

2009-07-22 00:00:00

FE ReportDetective police have arrested another alleged member of an Indian militant group Laskar-e-Taiyeba from the capital's Dakhinkhan area Monday night.Officials of DB (detective branch) police said that they arrested Moulana Mohammad Monsur Ali alias Moulana Habibullah at Madrasa-Tur-Rahmanat at...

Jilted lover kills lady doctor in city

2009-07-22 00:00:00

FE ReportA 28-year old lover has stabbed and killed a lady doctor at a city clinic Tuesday noon after being jilted by her, police said. Witnesses said the young man, Mustafizur Rahman Ujjal, a final-year student of Pabna Edward College,...

ADB president arrives tomorrow

2009-07-22 00:00:00

FE Report Asian Development Bank (ADB) President Haruhiko Kuroda arrives in Dhaka tomorrow (Thursday) on a two-day visit. He is expected to reaffirm ADB's strong support for the government's eco nomic and social development programmes, which have come under pressure...

PM for reopening of rail links with India Seeks cooperation to facilitate trade with Nepal, Bhutan

2009-07-22 00:00:00

Prime Minister Sheikh Hasina said Tuesday that her government was interested to reopen the cross-border railways, abandoned following the 1965 Indo-Pak war, for stronger connectivity between Bangladesh and India in the fields of trade, investment and people-to-people contacts, reports UNB....

Deputy PM of Mauritius wants to visit Dhaka Govt sees little role in saving expats' jobs

2009-07-22 00:00:00

African island nation Mauritius's Deputy Prime Minister Ahmed Rashid is willing to visit Bangladesh in September to discuss labour issues, a senior foreign ministry official has said Tuesday, reports bdnews24.com. Foreign Ministry Director General M Wahidur Rahman told the news...

Primary teachers demand for upgrading head teachers' post into class II

2009-07-22 00:00:00

Workers Party leader Rashed Khan Memon MP Tuesday gave a broad hint that primary education may be extended to Class VIII from existing Class V, reports UNB."As per recommendation for the upcoming education policy, primary education may be extended up-to...

Project to complete 51unfinished bridges, culverts taken up

2009-07-22 00:00:00

FE ReportThe government has taken up a project to complete 51 unfinished bridges and culverts in 36 districts aiming to further develop the country's road network.Communications ministry sources said construction of the bridges and culverts taken under five projects have...

2 cases filed against ex-Jamaat lawmaker

2009-07-22 00:00:00

GAIBANDHA, July 21 (UNB) : Two cases were filed Monday against 23 rajakars, including former lawmaker of Jamaat Moulana Abdul Aziz, in Sundarganj Upazila on charge of killing two freedom fighters during the War of Liberation in 1971.Anisur Rahman, brother...

Gopalganj municipality announces Tk 222.25m budget

2009-07-22 00:00:00

Our CorrespondentGOPALGANJ, July 21: Gopalganj municipality has announced Tk 222.25 million reduced budget for the fiscal year (FY) 2009-10.Chairman of the municipality Hasmat Ali Sikder Channu announced the budget at his office Tuesday.Of the total budget Tk 43.27 million has...

BSF kills Bangladeshi cattle trader

2009-07-22 00:00:00

JOYPURHAT, July 21 (UNB) : A Bangladeshi cattle trader was shot dead by Indian Border Security Force (BSF) along Hatkhola border in Panchbibi Upazila Monday midnight.BDR-3 Rifles Battalion sources said the BSF troops of South Nandail camp opened fire on...

HC asks lower court to consider bail petitions of three suspected female militants

2009-07-22 00:00:00

The High Court asked the sessions judge court of Pirozpur to consider bail petitions pending with it by today (Wednesday) filed by three suspected women militants arrested recently, reports UNB.Passing the order upon a writ petition, a division bench, comprising...

Changes in Income Tax Laws

2009-07-22 00:00:00

M. A. Baree, FCA Under the Finance Act, 2009, a new section -- Section 121A in the Income Tax Laws -- restores the power of the Commissioner. This power was earlier curtailed under the Finance Act 2007 through repealing sec....

IPO Diary

2009-07-22 00:00:00

Marico Bangladesh LimitedNature of BusinessManufacturer and marketer of well-known consumer brand like Parachute, Parachute Beliphool, Aeromtic, Camelia etc.Subscription OpenAugust 02, 2009Subscription CloseAugust 06, 2009For Non resident BangladeshiFrom August 02, 2009 to August 16, 2009Offer PriceTk 90.00 Face ValueTk 10.00Market lot50...

Unacceptable traffic jams in the city

2009-07-22 00:00:00

The suffering of the residents of the city are now too great from incessant traffic jams that grip most parts of the city, every day. For example, huge traffic snarls were noted on all main roads leading towards Dhanmondi and...

FTA from Bangladesh perspective

2009-07-22 00:00:00

Ferdous Ara BegumBilateral Free Trade Agreement (FTA) has been gaining momentum since 1990 because of the slow progress of global trade talks under multilateral trading system, according to experts. From the statistics of the World Trade Organisation (WTO), a surge...

For eliminating begging

2009-07-22 00:00:00

Mohammad Ataul HaqueA common sight on Dhaka streets these days is begging. As soon as a vehicle stops at a traffic signal, beggars start knocking for alms. They are men or women with children. The blind, the crippled as well...

Real estate sector : The other side

2009-07-22 00:00:00

The growth of the real estate sector in Bangladesh has been quite impressive. A number of developers have earned high appreciation from their customers for building quality apartments in multi-storied buildings and handing over ownership to them as per schedule....

Every teacher should be equipped with first aid techniques

2009-07-22 00:00:00

SCHOOLS in Bangladesh lack adequate medical infrastructural facilities, which can lead to loss of life. The increasing competition in class has led to high stress levels, and consequently students are falling prey to physical ailments such as vertigo and asthma....

Are we altruistic?

2009-07-22 00:00:00

How far we follow the teachings of the Prophet or Islam is open to question. The Prophet taught his followers to be caring about the needs and happiness of others. The Prophet taught his followers to be altruistic.Habibur Rashid IsmailChittagonghabibur.rashid.ismail@gmail.com

Eleven Cs for better credit analysis

2009-07-22 00:00:00

Md. Touhidul Alam KhanLoan default is a universal phenomenon associated with all types of business enterprises. However, loan default in case of banks has special significance because extending credit is almost the exclusive business of banking institutions. Naturally, magnitude of...

Indian stocks fall, led by Mahindra, on rainfall concern

2009-07-22 00:00:00

MUMBAI, July 21 (Agencies): A key index of the Indian equities markets was ruling 111 points in the red in the afternoon trade Tuesday as investors continued to trade warily.At 1.50 pm the 30-scrip benchmark index of the Bombay Stock...

KSE witnesses dip of 53 points with range-bound trade

2009-07-22 00:00:00

KARACHI, July 21 : Range-bound activities prevailed at Karachi stock market on Monday as bearish sentiments dominated market proceedings in the wake of profit taking, traders said, according to Daily Times.They said profit taking was witnessed in blue chips mainly...

India’s coffee output may miss target

2009-07-22 00:00:00

MUMBAI, July 21 (Bloomberg): India, the third-biggest coffee grower in Asia, may miss a forecast to harvest a record crop next year after excess rains damaged plants in some regions, an exporters’ group said.Production in the year beginning Oct. 1...

US index futures are little changed

2009-07-22 00:00:00

NEW YORK, July 21 (Bloomberg): US stock futures were little changed after the Standard & Poor’s 500 Index rallied to an eight-month high yesterday.As many as 39 S&P 500 companies, including Caterpillar Inc., Coca-Cola Co. and Freeport-McMoRan Copper & Gold...

Gold, little changed in London, may decline on stronger dollar

2009-07-22 00:00:00

LONDON, July 21 (Bloomberg): Gold, little changed in London today, may fall as a stronger dollar reduces demand for the metal as an alternative investment.The dollar gained as much as 0.3 per cent against the euro after Federal Reserve Chairman...