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Tax waiver for audit firms

2009-04-25 00:00:00

Masih Malik ChowdhuryLAWYERS and chartered accountants depend on personal wisdom and prudence in providing professional service. Law and audit firms have been enjoying tax waiver from the National Board of Revenue (NBR). This means if the bill for professional services...

About operations of a role-model Islami Bank

2009-04-25 00:00:00

Zahid Zamir  Former Secretary, Ministry of Foreign Affairs and Director, Bangladesh Institute of Law and International affairs (BILIA) Ambassador Wali-ur Rahman in a seminar on terrorism held on April 16 last, demanded the closure of Islami Bank Bangladesh Limited (IBBL)....

Peelkhana troubles well tackled

2009-04-25 00:00:00

Md. Mahbubur Rahman BulbulFOR Bangladeshis it will be difficult to forget the tragic BDR massacre of February 25. The nation has lost some of its best army officers on the day. The nation was lucky that the wise decision of...

New jobs, investments on wane in EPZs

2009-04-25 00:00:00

Sheikh Shahariar ZamanOpportunities for new jobs in export processing zones (EPZ) have fallen as foreign investors have tightened their belts and adopted a 'wait and see' approach amid the ongoing global economic crisis."The investors take a backseat as spending in...

IMF doubles borrowing limits for poorest countries

2009-04-25 00:00:00

WASHINGTON, April 24 (AFP): The International Monetary Fund(IMF) yesterday said it has doubled the borrowing limits of the poorest countries to help them weather the global economic crisis. IMF managing director Dominique Strauss-Kahn said the action, part of a series...

PC shakes off inertia, now ready to privatise 12 SoEs

2009-04-25 00:00:00

Kayes M SohelThe Privatisation Commission (PC) that virtually remained inactive in the past couple of years has come out with a fresh list of 12 state-owned enterprises (SoEs) for privatisation.With this the PC has now 38 SoEs ready for privatisation."The...

WiMax providers to invest up to Tk 10b each in short term

2009-04-25 00:00:00

Mehdi Musharraf BhuiyanAs state-of the-art WiMax is set to make its debut in the country's stagnant cyber arena by the end of June, beginning with its metropolises; both optimism and scepticism encircle the business potentials of the country's giant leap...

Ctg Port resumes normal operation

2009-04-25 00:00:00

CHITTAGONG, April 24 (Agencies): Operation of the larger vessels at Chittagong port resumed fully at 10:00am Friday after the expansion of the port channel of the Karnaphuli river.Officials of the Chittagong Port Authority (CPA) said that the movements of vessels...

IPS-users in dire straits

2009-04-25 00:00:00

IPS and automated generators, the last resorts during power cuts, are going haywire in these days because of frequent outages, leaving the users who have spent a hefty sum on their back-up systems grumbling, reports bdnews24.com. "I bought an IPS...

Heat wave to last for three more days

2009-04-25 00:00:00

FE ReportThe hot spell now sweeping over the country is likely to continue for three to four more days, Met officials said.The hot and humid weather has disrupted the public life seriously in the country."The heat wave may continue for...

Flight shortage keeps Libya-bound workers waiting

2009-04-25 00:00:00

A Z M AnasInadequate flights and the absence of direct air services have inhibited Bangladeshi workers from flying to Libya, landing thousands with jobs in trouble, travel traders said Friday. More than 10,000 Bangladeshi labourers, who have managed to secure...

Ctg Chemical Complex re-opens after 7 yrs

2009-04-25 00:00:00

Chittagong Chemical Complex (CCC), the lone specialised public sector industrial chemical producing unit, reopened Friday after seven years, reports BSS.Industries Minister Dilip Barua formally re-opened the CCC at Barobkundu under Sitakundu upazila as the chief guest, as part of the...

PM offers Jum'a prayer at Masjid-e-Nabobi

2009-04-25 00:00:00

MADINAH, Saudi Arabia, April 24: Prime Minister (PM) Sheikh Hasina offered Jum'a prayer at Masjid-e-Nabobi here Friday. She also offered Ziarat and Fateha at the Rawza Mubarak of Prophet Hazrat Muhammad (PBUH). The Prime Minister prayed for peace, progress and...

Three shot in city

2009-04-25 00:00:00

Three people, including an Awami League (AL) leader, received bullet wounds in a gun attack by a group of unidentified assailants in the city's Bangabazar area Friday afternoon. The victims were identified as Ruhul Amin alias Ruhul (40), joint convener...

RUET re-opens tomorrow, RMC Tuesday

2009-04-25 00:00:00

RAJSHAHI, April 24: Academic activities of all departments of Rajshahi University of Engineering and Technology (RUET) will resume tomorrow (Sunday) after a 43-day unscheduled closure. The students' dormitories will re-open today (Saturday). Meanwhile, the Rajshahi Medical College (RMC) will re-open...

Coming down to earth with a bump

2009-04-25 00:00:00

Mahmudur RahmanSimplification is an art that has its dangers unless properly practiced. In management parlance complex issues are required to be broken down into manageable components in order for all areas to be covered and addressed. The word "manageable" is...

Banks cautious over lending to recession-hit ventures

2009-04-25 00:00:00

FHM Humayan KabirCommercial banks in the country have taken cautious approach in lending to the commercial ventures, especially those affected by the global meltdown, bankers said Friday."We are very careful in providing credit to such areas amid recession. Usually, we...

Farmers brace for record Boro harvest, still worried

2009-04-25 00:00:00

S M JahangirThe country is set to harvest a record Boro output this season, amid deep concern among the growers over falling prices of their crops. "The country's rice output is expected to reach a new record in the current...

Dhaka stocks rise amid volatile trading

2009-04-25 00:00:00

FE ReportStock prices at the Dhaka Stock Exchange (DSE) improved for the second straight week that ended Thursday amid volatile trading.The benchmark index DSE General Index (DGEN) gained 45.92 points to end at 2596.06. The All Shares Price Index (DSI)...

WB to increase investments in infrastructure, agriculture

2009-04-25 00:00:00

FE Report The World Bank (WB) will increase infrastructure investments to $45 billion over the next three years to provide the foundation for rapid recovery from the global economic crisis, WB Group President Robert B. Zoellick announced Thursday at the...

UN study fears continuation of global food crisis

2009-04-25 00:00:00

FE Report Any recovery from the current economic crisis will be incomplete if the related food crisis is not addressed, says a new UN study.The report, Sustainable Agriculture and Food Security in Asia and the Pacific, was launched Friday by...

Pak Taliban withdraws from key valley

2009-04-25 00:00:00

BUNER, Apr 24 (Reuters): A Pakistani Taliban commander withdrew his fighters from a key northwestern valley on Friday, amid growing alarm in the United States that the Taliban were creeping closer to the capital of nuclear-armed Pakistan.Fears for Pakistan's stability...

Indian inflation rises to 0.26pc on higher food prices

2009-04-25 00:00:00

NEW DELHI, Apr 24 (PTI): Inflation in India rose to 0.26 per cent but remained around a three-decade low, even as essential food articles like vegetables and cereals turned costlier, something that is likely to become an issue in the...

Strict security measures ahead of re-opening RUET, RMC

2009-04-25 00:00:00

RAJSHAHI, Apr 24 (UNB): Adequate security measures have been taken at Rajshahi University of Engineering and Technology (RUET) and Rajshahi Medical College (RMC) prior to re-opening of both the educational institutions after one and a half months' unscheduled closure following...

27 alleged Rajakars sued in Khulna

2009-04-25 00:00:00

KHULNA, Apr 24 (UNB): Nineteen alleged Rajakars were sued in two separate cases Wednesday for their involvement in killing two people, including a freedom fighter, in Batiaghata Upazila during the Liberation War in 1971. The court also ordered the officer-in-charge...

Policy to check dust pollution demanded

2009-04-25 00:00:00

Leaders of Save Environment Movement Friday called upon the government to formulate a specific policy and implement it properly to check dust pollution, reports BSS.They also urged the government and non-government organisations to create mass awareness about dust pollution and...

Speaker urges opposition not to boycott JS

2009-04-25 00:00:00

The opposition should not stay away from parliament over an extra-parliamentary issue, Speaker Abdul Hamid said Friday in the face of a boycott threat from BNP protesting the government notice served on its chief to leave her Dhaka cantonment house,...

Arrested 22 in Barisal sent to jail, safe home

2009-04-25 00:00:00

BARISAL, Apr 24 (UNB): The man and 21 women, arrested from the city Thursday on suspicion, were sent to jail and safe home following a court order Friday.The chief judicial magistrate gave the order after they were produced before the...

PM condoles deaths of two AL leaders

2009-04-25 00:00:00

Prime Minister Sheikh Hasina has mourned the deaths of founder general secretary of Jubo League Syed Ahmad and Mymensingh Municipality mayor Advocate Mahmud Al Noor Tareq, reports bdnews24.com."The nation has lost a man of deeds and Awami League has lost...

Hi-tech needed to preserve priceless books, manuscripts at DU library

2009-04-25 00:00:00

Due to lack of proper preservation, century old 'puthis' and manuscripts, newspapers and periodicals printed in Bangladesh during the last century, have been decaying at the Dhaka University (DU) Central Library, reports BSS.About 300 rare manuscripts and at least 600-microfilmed...