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Call to extract coal, explore gas to solve energy crisis

2009-06-05 00:00:00

FE ReportThe government should immediately extract coal and explore gas as part of an integrated long-term energy policy to solve growing power and gas crises in the country, a top advocacy group said Thursday. "The country's societal and economic advancement...

Student, money exchange owner killed in city

2009-06-05 00:00:00

FE ReportOne college student and an owner of a currency exchange house were killed in two separate incidents in the city's Arambagh and Gulshan areas Thursday. Police said they recovered the bloodstained body of a student of Dhaka Notre Dame...

Resignation drama ends Sohel Taj joins office

2009-06-05 00:00:00

State Minister for Home Affairs Tanjim Ahmad Sohel Taj resumed office Thursday, ending a three-day drama over his resignation, reports UNB. "Actually, I could not turn up to the office due to my sickness. I'm feeling better today (Thursday) and...

Coping with the twin troubles

2009-06-05 00:00:00

A report from the UNICEF and restated in this paper last Thursday has focused on a significant area of concern for Bangladesh -- the poverty situation. It drew attention to the phenomenon of some 21 million people who have joined...

Restore investors' confidence in the economy

2009-06-05 00:00:00

Syed Fattahul AlimA newspaper report says the Board of Investment (BoI), the government agency to promote investment in the country looks like an abandoned organisation as the new government has not been able to pay necessary attention to this office....

Curbing smuggling to save the national economy

2009-06-05 00:00:00

Nizamuddin QuasemSMUGGLING has been draining the resources of Bangladesh both the ways. The government needs to be serious in checking smuggling, which is harming the economy. Smuggled goods, which enter Bangladesh without paying the taxes and undergoing quality checks are...

Why include three more classes at primary schools?

2009-06-05 00:00:00

THE new Awami League (AL)-led government is considering to extend primary education up to Grade VIII. Now it is up to Grade V. Most of the primary schools are of the government while most of the secondary schools are non-government.The...

Bangladesh's rights in international rivers

2009-06-05 00:00:00

THE national dailies recently reported that Prime Minister Sheikh Hasina requested the ambassadors of the developed countries to provide financial assistance for the reexcavation of the dead river Garai.Bangladesh does not get water due to Farakka Barrage which diverts waters...

Thanks to police for recovery

2009-06-05 00:00:00

RECENTLY I had lost some valuables in my office, which were promptly recovered by police after I informed them. It is really amazing that my goods were so quickly recovered.I express my heartfelt thanks to the DB Joint Commissioner Amulya...

Is this government messing up its priorities?

2009-06-05 00:00:00

Shamsher ChowdhuryTHIS government is slowly and surely developing signs of the last failed caretaker government. It has now become evident that the last caretaker government has not only failed to deliver but has left a legacy that is likely to...

World consumers are confronted with possible nightmare of sky-high crude oil prices again

2009-06-05 00:00:00

Ming JinweiAs world crude oil prices have continued to rise in the past few months, consumers, already hit hard by the ongoing global financial crisis, are once again confronted with the possible nightmare of sky-high crude oil prices.World crude oil...

Empowering parliamentary standing committees

2009-06-05 00:00:00

IT should be noted that a parliamentary standing committee reviews and scrutinises regulations and statutory instruments on the basis of legality and procedural aspects, as opposed to the merits or policy they reflect. In addition to reviewing all new regulations...

Looking for steps to save the nation from economic crises

2009-06-05 00:00:00

After a gap of long many years following our independence that we achieved but whose goals and objectives, in a real sense, to create a stable and healthy economy are yet to be accomplished, we are facing a lot of...

Sheep farming for poverty eradication

2009-06-05 00:00:00

THE government needs to import sheep from abroad for the ultra poor rural families. Sheep farming can improve the standard of living of the people who are at below poverty level. Awami League (AL) has assumed the executive responsibility of...

SSC results

2009-06-05 00:00:00

A record number of 62.307 students got GPA-5 this year in the SSC exams. The media took part in the celebrations by schools.In all 70.89 per cent of the examinees came out successful. All the students of 2,726 schools were...

Brick fields and the environment

2009-06-05 00:00:00

Bricks are made in the country by burning clay in moulds in kilns. The bricks are burnt in the kilns by firewood, gas or coal. But regulations are there for the brickfields not to burn firewood for this has a...

Oil prices higher in Asian trade

2009-06-05 00:00:00

SINGAPORE, June 4 (AFP): Oil prices rose in Asian trade today after falling overnight from seven-month highs in reaction to a surprise jump in US crude reserves, analysts said. New York's main futures contract, light sweet crude for delivery in...

BGMEA, CMP cell visit garments factories

2009-06-05 00:00:00

Our Correspondent CHITTAGONG, Jun 4: Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and high officials of Chittagong Metropolitan Police (CMP) coordination cell visited a number of garments factories based in the port city as a part of an observation programme...

Commodity Prices forecast Thursday at London Market

2009-06-05 00:00:00

Commodity                        Month                        Last                        WTI Light Crude            Jul '09                        67.0100            Brent Crude                        Jul '09                        67.1000            RBOB Gasoline            Jul '09                        1.9016y            Heating Oil                        Jul '09                        1.7384y            Nat Gas (NBP)            Jul '09                        27.3000           ...

Metal Prices at New York Market Thursday

2009-06-05 00:00:00

Copper                        Bid/Ask            2.1985                        -2.2030 Change            +0.0091            +0.41% Low/High            2.1781                        -2.2234 Nickel            Bid/Ask            6.2082                        -6.2535 Change            -0.0431            -0.69% Low/High            6.1968                        -6.3964 AluminumBid/Ask            0.6550                        -0.6595 Change            +0.0064            +0.98% Low/High            0.6464                        -0.6641 ZincBid/Ask            0.6765                        -0.6810...

Sensex closes above 15,000-mark after 9 months

2009-06-05 00:00:00

MUMBAI, June 4 (IANS): A key index of the Indian equities markets fought its way back into the green Thursday to close above the 15,000-mark, first time since Sep 2, 2008.The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange...

Federal budget uncertainty drags KSE index below 7,000 points level

2009-06-05 00:00:00

KARACHI, May 4: Uncertainty among investors over the upcoming federal budget dragged the Karachi Stock Exchange (KSE) 100-share index below the psychological level of 7,000 points Wednesday, according to Daily Times.Analysts said that investors went for profit-taking. The 100-share index...

Gold rises as dollar steadies

2009-06-05 00:00:00

TOKYO, June 4 (Reuters): Gold prices rose Thursday as investors bought back the metal after a round of profit-taking the previous day, when the US currency climbed and oil prices tumbled.Both spot gold and futures fell about 2 per cent...

Emirates scores double with first-ever A380 services to Bangkok and Toronto

2009-06-05 00:00:00

Emirates scored a double whammy as two of its A380 super jumbos jetted off from Dubai to Bangkok and Toronto, said a press release.The launch of Emirates' A380 operations, daily to Bangkok and thrice weekly to Toronto is a sign...

Tea industry needs dev plan to maintain progress

2009-06-05 00:00:00

Our CorrespondentCHITTAGONG, June 04: Tea industry of the country has failed in achieving desired progress due to lack of proper development plan.This was observed at a seminar on 'Strategic plan on uplift of tea industry' arranged by the Bangladesh Tea...

Countdown of Nokia N97, Nokia N86 begins

2009-06-05 00:00:00

FE Report Nokia N97 -- the world's most advanced mobile computer, and Nokia N86 -- the best mobile imaging device, are now within reach of Bangladeshi consumers, said a press release. The countdown began Thursday with the launch of the...

UK stocks climb as banks and insurers gain

2009-06-05 00:00:00

LONDON, June 4 (Bloomberg): UK stocks rose for the first time in three days, led by a rebound in banks and insurance companies.Royal Bank of Scotland Group Plc, Aviva Plc and Legal & General Plc climbed more than 1.5 per...

Commodity Future at London Market Thursday

2009-06-05 00:00:00

Energy                                     PRICE                        CHANGE            %CHANGE            GAS OIL FUT (ICE)                        559.500            4.750                        0.86 HEATING OIL FUTR            176.270            2.430                        1.40 NATURAL GAS FUTR            3.782                        0.016                        0.42            WTI CRUDE FUTURE            67.020                        0.900                        1.36           ...

Construction of Rangunia EPZ to resume soon

2009-06-05 00:00:00

FE Report The government is likely to approve a project for the construction of the country's first ever information technology (IT) and agro-based export processing zone (EPZ) in Chittagong.Chittagong Industrial Park Limited (CIPL), a Chittagong-based company, took a move to...

Thrust on private equity

2009-06-05 00:00:00

FE ReportBangladesh needs a clearer appreciation of the major issues on all sides for the private equity industry to develop effectively , said Ifty Islam, managing partner of Asian Tiger Capital Partners (AT Capital), in a presentation in the city...