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Alim gets Best Media Business Personality award

2009-05-22 00:00:00

FE ReportRaju Alim, Programme Manager of Channel I, has been awarded Best Media Business Personality award this year.Nobel Laureate Dr Mohammad Yunus Thursday handed over the award to him at a function arranged at the Bangladesh China Friendship Conference Centre...

Azad calls for making breastfeeding campaign a success

2009-05-22 00:00:00

Information and Cultural Affairs Minister Abul Kalam Azad Thursday called for providing the mothers nutritional, emotional and social support so that they can breastfeed their babies, reports BSS. He described mother's milk as one of the best gifts of the...

No scope for compromise on quality of education at varsities: President

2009-05-22 00:00:00

President Zillur Rahman said that the present government had given utmost importance to the education sector to ensure quality education for all and ruled out any leniency on this question, reports UNB."I think it is essential to ensure quality of...

Thai embassy to outsource its visa application process

2009-05-22 00:00:00

FE ReportThe Royal Thai Embassy, Dhaka will outsource its visa application process for two years from June 16, 2009, said a press release Thursday.The embassy has invited tenders from international and local companies for handling non-judgmental part of its visa...

Key body suggests laws to ban arable land use for non-farming purposes

2009-05-22 00:00:00

FE Report The parliamentary standing committee on agriculture has suggested enactment of strict laws to restrict use of arable land for non-farming purposes, its chairman said on Thursday. Shawkat Momen Shajahan said Bangladesh with the world's highest density of population...

US mission to remain closed Sunday

2009-05-22 00:00:00

The American Embassy, including the Consular Section and the Public Affairs Section with the Archer K Blood American Centre Library and the Student Advising Centre will remain closed Sunday on the occasion of Memorial Day, an American national holiday, reports...

Recital of Sitar, Esraj today

2009-05-22 00:00:00

FE Report The High Commission of India (HCI) in association with Shadhona, a centre for advancement of South Asian music and dance, will arrange recital of Sitar and Esraj by Ashit Biswas and Satyajit Chakravarty today (Friday) at 8:00 pm...

NSU to offer two full tuition waivers for adibasi tudents

2009-05-22 00:00:00

FE Report North South University (NSU) has decided to offer two full tuition waivers per semester for bright and needy adibasi (indigenous) students. The chairman of the board of governors of NSU Foundation and the vice chancellor took the decision...

Road accidents kill four to five thousand people annually

2009-05-22 00:00:00

Road accidents kill some 4,000 to 5,000 people and cripple many others annually across the country mainly due to lack of awareness of the drivers, reports BSS.Besides, the state has to suffer an estimated loss of Tk 20,000 million (2,000...

Malaysian furniture fair in city July 7-10

2009-05-22 00:00:00

FE ReportA four-day exhibition of Malaysian furniture and relevant technology called Malaysia FITEC Furniture Showcase 2009 will be held in the city from July 7 to July 10.To be organised by Furniture Industry Technology Centre, a government-linked company under the...

BB hands over export certification authority to banks to ease business

2009-05-22 00:00:00

FHM Humayan KabirThe central bank has handed over its authority to issue export "proceed realisation certificate" to commercial banks, making it easier for the exporters to avail bond, cash incentives and duty exemption facilities quickly.The export PRC is a document...

Muhith eyes Tk 800b revenue target in next fiscal's budget

2009-05-22 00:00:00

FE ReportFinance Minister AMA Muhith has hinted at fixing the government's overall revenue income target at nearly Tk 800 billion for the next fiscal without putting any extra tax burden on the public.Of the total, the target of generating revenue...

Probe report on BDR mutiny submitted

2009-05-22 00:00:00

The high-powered government committee formed to investigate into the February 25-26 BDR carnage submitted Thursday its report to the home ministry nearly two and a half months after its constitution, reports BSS."We have prepared the report on the basis of...

Ctg chamber demands lifting of daytime ban on truck movement

2009-05-22 00:00:00

FE ReportChittagong chamber has demanded withdrawal of the daytime ban on truck movement in the port city on Thursday, saying the restrictions are a drag on their business and cause losses worth millions of dollars. M Abdul Latif, president of...

ICB to float mutualfund with pension

2009-05-22 00:00:00

FE ReportState-owned Investment Corporation of Bangladesh (ICB) is going to float pension fund in the form of mutual fund for the first time in the country's stock markets.The Securities and Exchange Commission (SEC) at a meeting Thursday approved the trust...

FBCCI-StanChart SME Awards '09 launched

2009-05-22 00:00:00

FE ReportThe fourth SME (small and medium entrepreneur) Fair-2009 begins at Bangladesh China Friendship Conference Centre (BCFCC) on May 24 (Sunday). Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) will host the four-day long fair with a view to...

Rice export banned

2009-05-22 00:00:00

The government has banned export of rice from Bangladesh for next six months. The government issued a statutory regulatory order (SRO) in this regard Thursday. — FE Report

Maj Gen Amin back to AFD

2009-05-22 00:00:00

The government has cancelled the order on appointment as ambassador of major general ATM Amin, an establishment ministry order said Thursday. He has been moved to his previous position at the Armed Forces Division (AFD), with effect from May 17....

Banglalink keeps all options open on consolidation: CEO

2009-05-22 00:00:00

FE ReportBanglalink has said Thursday it is courting merger with operators other than the AKTEL in its search for profits in Bangladesh's fiercely competitive mobile telecom market. Ahmed Abou Doma, chief executive officer of the country's second largest mobile company,...

Outsourcing

2009-05-22 00:00:00

Mahmudur RahmanThere was a time when the brightest products of public universities made a bee-line for government jobs. Those were heady days when such jobs were held in awe, respect providing pay and power others would envy. Times have changed....

Cairn to breathe life to sangu for one more year

2009-05-22 00:00:00

S M JahangirBack from ChittagongCairn Energy is installing compressors at Sangu gas terminal in Chittagong, which will extend the economic life of its off-shore field and pave the way for supplying the fuel to the region for at least one...

AmChi collaboration to determine future courses of global economy

2009-05-22 00:00:00

From Fazle RashidNEW YORK, May 21: "We can’t keep on just borrowing from China," said US president Barack Obama. "We have lent a huge amount of money to the US. Of course we are concerned about the safety of our...

BB chief again urges banks to lower lending rates

2009-05-22 00:00:00

FE ReportBangladesh Bank Governor Atiur Rahman has again urged banks to reduce lending rates to help the business community."Most of the bank directors are businessmen and they will be also benefited from the reduced rate," he said at a meeting...

Bangladesh to join Asian Highway

2009-05-22 00:00:00

Bangladesh is going to be connected with the Asian Highway that will help the country open its windows directly to countries in Asia and also other parts of the world, reports BSS.This was disclosed by Communications Minister Syed Abul Hossain...

Dhaka stocks steady in seesaw trading

2009-05-22 00:00:00

FE ReportDhaka stocks finished steady in a persistently fluctuating market Thursday with the turnover remaining almost unchanged.The Dhaka Stock Exchange's benchmark DSE General Index (DGEN) ended at 2552.95 with a slight fall of 1.38 points or 0.05 per cent, shedding...

BTCL to offload shares soon

2009-05-22 00:00:00

FE ReportShares of the state-owned Bangladesh Telecommunications Company Ltd (BTCL) will be offloaded in the stock markets soon."At least 10 per cent shares of the BTCL will be floated in initial phase in the earliest possible time," Post and Telecommunications...

Saydee files Tk 1.0b defamation suit against three lawyers

2009-05-22 00:00:00

Maulana Delwar Hossain Saydee Thursday filed a Tk 1.0 billion defamation suit against three lawyers to make them pay the penalty for filing a case of war crimes against him and 35 other top leaders of Jamaat-e-Islami and BNP, reports...

Swine flu spreads in Asia; Tokyo has first cases

2009-05-22 00:00:00

TOKYO, May 21 (AP): Japanese officials broadened their anti-epidemic measures Thursday as the first three cases of swine flu were confirmed in the Tokyo region, and online prices soared for the antiviral drug Tamiflu.The Philippines reported its first case of...

Two snatchers hurt in gunfights with police in city

2009-05-22 00:00:00

FE ReportTwo snatchers were injured in separate gunfights with policemen at Badda and Jatrabari in the city Thursday, police said.A patrol team from Jatrabari police station chased a fleeing armed gang, who snatched valuables at gun point, and locked in...

Public-private partnership in infrastructure building

2009-05-22 00:00:00

THE perception that the government alone should bear the entire cost of building the infrastructures of the economy has undergone a sea change in recent times. For better and faster growth of the economy, the private sector may also participate...