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Current fiscal's ADP revised downward

2009-05-01 00:00:00

FE ReportThe National Economic Council (NEC) on Thursday revised the annual development programme (ADP) downward to Tk 230 billion for fiscal 2008-09 following a poor implementation rate.Prime Minister Sheikh Hasina presided over the NEC meeting where the original ADP size...

Dhaka stocks close steady in volatile trading

2009-05-01 00:00:00

FE ReportDhaka stocks closed steady in a volatile market Thursday. The DSE General Index (DGEN)-the benchmark index- ended at 2554.35 with a meager loss of 0.62 points, shedding its early gain of 16 points recorded after start of trading.The Dhaka...

Obituary

2009-05-01 00:00:00

Shamsunnahar Begum (80), wife of late Abdullah Saheb of village Bhimpur in Chatkhil Upazila under Noakhali district died at her residence on April 18, said a press release.She was buried at her family graveyard the next morning. Shamsunnahar was suffering...

Rice prices up ahead of procurement drive

2009-05-01 00:00:00

FE ReportRice prices, especially coarse varieties, have marked a considerable increase in the market following the announcement of the government's procurement prices, raising hopes for the local Boro farmers about getting returns on their investment and labour.But a section of...

Golam Rahman new ACC chief

2009-05-01 00:00:00

Golam Rahman, now chairman of the Energy Regulatory Commission (ERC), was appointed new chairman of the Anti-Corruption Commission (ACC) Thursday, weeks after former army chief Hasan Mashhud Chowdhury resigned on personal grounds, reports bdnews24.com. The Establishment Ministry has not published...

37 BDR men among 39 remanded

2009-05-01 00:00:00

Thirty-nine more suspects - 37 BDR members and two civilians - were taken on remand for different periods by the Criminal Investigation Department (CID) Thursday for their alleged involvement in the February 25-26 BDR carnage inside the Peelkhana headquarters. Five...

ICDDRB diarrhoea centre at Mirpur

2009-05-01 00:00:00

ICDDRB diarrhoea centre at Mirpur The International Centre for Diarrhoeal Diseases Research, Bangladesh (ICDDRB) Thursday set up a temporary diarrhoea treatment centre at Mirpur in the city to ease the load on its headquarters at Mohakhali in the capital. ICDDRB...

2200kg gunpowder seized in city

2009-05-01 00:00:00

Police seized about 2,200 kilogrammes of gunpowder and arrested one person from his home at Donia in the capital city's Jatrabari area Wednesday evening. —UNB

Govt builds strong infrastructure to reduce disaster causality: Dr Razzak

2009-05-01 00:00:00

CHITTAGONG, Apr 30 (BSS): Minister for Food and Disaster Management Dr Muhammad Abdur Razzak Thursday said the present government was working hard to build up a strong institutional infrastructure for the disaster management to lessen causality and destruction.He was speaking...

Judge Bashir admits his mischief

2009-05-01 00:00:00

Dhaka Metropolitan Sessions Judge ANM Bashir Ullah, facing a contempt-of-court charge, Thursday admitted his mischief and prayed to the High Court (HC) for exonerating him from the charge as his conduct was "unintentional", reports UNB.After receiving the prayer for accepting...

BNP submits detailed return of election expenditure to EC

2009-05-01 00:00:00

Responding to Election Commission's (EC) requirement, Bangladesh Nationalist Party (BNP) submitted their detailed sector-wise return statement on the party's election expenditure to the Commission Thursday, four months after the polls that they lost, reports UNB.BNP office secretary Ruhul Kabir Rezvi...

Khaleda to address public meeting at Paltan tomorrow

2009-05-01 00:00:00

Leader of the Opposition and BNP Chairperson Khaleda Zia will address a public meeting at Paltan Maidan tomorrow (Saturday) afternoon, reports UNB.Jatiyatabadi Sramik Dal, the labour wing of BNP, will organise the 'Labour Rally' to mark the historic May Day.It...

Thrust on proper application of laws before amendments

2009-05-01 00:00:00

Law Commission Chairman Justice M Abdur Rashid Thursday said proper application of the existing laws would have to be ensured before thinking about amendments, reports BSS."The country's legal prosecution system is weak intellectually and organisationally," he said and stressed the...

Govt to provide autonomy to specialised hospitals, MCs

2009-05-01 00:00:00

The government is considering autonomy for the country's specialised government hospitals and medical colleges (MCs) after reviewing whether it will facilitate better health services to the people, reports BSS."The issue of giving autonomy to the specialised government hospitals and medical...

13 war crime suspects sued in Natore

2009-05-01 00:00:00

NATORE, Apr 30 (UNB): A case was filed Thursday against 13 people, including two Pakistani expatriates, for their involvement with mass killing, rape, loot and arson in the district during the Liberation War in 1971. Freedom fighter Sheikh Alauddin filed...

Govt to consider 10pc aid for knitwear, says PM

2009-05-01 00:00:00

Prime Minister Sheikh Hasina has told the knitwear manufacturers and exporters that the government will consider economic assistance of 10 per cent against export to help them combat the recession impact, reports bdnews24.com. Md Fazlul Hoque, president of Bangladesh Knitwear...

New BB chief vows to elevate banks to int’l standard

2009-05-01 00:00:00

Newly-appointed Bangladesh Bank Governor Dr Atiur Rahman Thursday said he would try to elevate all the commercial banks of the country to international standard so they can help stimulate the economy, reports UNB."I want to graduate the banks to international...

Terry towel manufacturers want 15pc cash incentive

2009-05-01 00:00:00

FE ReportThe country's terry towel and linen manufacturers and exporters Thursday demanded 15 per cent cash incentive instead of 5.0 per cent, so that the sector can compete internationally at a time of global financial crisis."The enhanced amount must be...

SCBA pleas for withdrawal of case against SC lawyers

2009-05-01 00:00:00

The Supreme Court Bar Association (SCBA) Thursday submitted separate applications to the minister for law and home affairs for taking appropriate steps to withdraw the two sedition cases against its members over vandalism on the SC premises in November 2006,...

Multinational banks slash foreign lending to weather recession

2009-05-01 00:00:00

From Fazle RashidNEW YORK, Apr 30: The multinational banks, mostly the European, have globally slashed portfolio of their foreign lendings by $1800 billion over the past few months. The change in policy reflects a reversal of years of financial globalisation....

Shopping centres to shut down by 8.0pm

2009-05-01 00:00:00

FE ReportAll commercial complexes, shopping malls and shops will be directed by the government to close down by 8.0 pm everyday to properly manage the nagging electricity shortfall throughout the country, State Minister for power Shamsul Haq Tuku said Thursday.Currently...

Sahara seeks cooperation to check crimes

2009-05-01 00:00:00

Home Minister Sahara Khatun Thursday directed the law enforcers to eradicate crimes from the society, reports UNB."Extortion, mugging, dacoity, drug peddling and all such criminal activities should be dealt with iron hand. None, whoever he is, should be spared," she...

Khaleda, sons petition govt to quash cases

2009-05-01 00:00:00

BNP chief Khaleda Zia and her two sons petitioned the government Thursday to quash 20 political cases against them, reports bdnews24.com. A group of lawyers led by Mahbub Uddin Khokan applied to the Dhaka district magistrate Zillar Rahman at around...

Deadline for applications ends

2009-05-01 00:00:00

Md Fazlur RahmanAt last the deadline for submission of applications for two housing projects of the city development authority ended Thursday with over 100,000 applicants vying for around 7,000 plots, officials said. Initially, the last dates for the procurement and...

BPGMEA for polypropylene sacks to stay along gunny bags

2009-05-01 00:00:00

Plastic goods makers expressed concern over the government's initiative of making the use of jute bags in industries compulsory and urged not to issue any relevant SRO because it would be harmful to polypropylene sack sector.A delegation of Bangladesh Plastic...

Bangladesh takes part in Hong Kong House Ware Fair

2009-05-01 00:00:00

Bangladesh participated in Hongkong House Ware Fair-2009 held in Hongkong Convention and Exhibition Center from April 20 to 23. The Bangladesh pavilion was in Hall No-07 where Bangladesh, India, China mainland, Iran's pavilions were set up. A total of 35...

MTB donates painting folios to Liberation War Museum

2009-05-01 00:00:00

Mutual Trust Bank Ltd (MTB) has donated 1000 copies of the folio of paintings titled 'Our Liberation War: Down the Path of History' to Liberation War Museum, Dhaka recently. The folios were handed over at a simple ceremony held at...

Prime Finance AGM approves 40pc stock dividend

2009-05-01 00:00:00

The 13th annual general meeting (AGM) of Prime Finance and Investment Limited has approved 40 per cent stock dividend for the year that ended on December 31, '08.The AGM was held in the city recently. Chairman of the company Md...

Oil prices up in volatile Asian trade

2009-05-01 00:00:00

SINGAPORE, Apr 30 (AFP): Oil prices were higher in volatile Asian trade Thursday amid concerns the spread of swine flu could dampen hopes of an economic recovery in the recession- hit US economy. New York's main futures contract, light sweet...

BRAC Bank takes part in Ctg remittance fair

2009-05-01 00:00:00

Bangladeshi diplomatic missions abroad should have targets for remittance, export and overseas job creation to meet demand of local unemployed people. Speakers expressed this opinion at the inaugural ceremony of the first Bangladesh Remittance Fair held at Chittagong recently.Global Economist...