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Legalising black money

2009-04-23 00:00:00

THE intention to legalise a huge amount of black (or, undisclosed) money in the country was indicated recently by the Finance Minister's statement to that effect. The apex chamber body of the country, the Federation of Bangladesh Chamber of Commerce...

People's support not permanent

2009-04-23 00:00:00

THE Prime Minister, Sheikh Hasina, the daughter of Bangabandhu Sheikh Mujibur Rahman, is loved by a majority of the people of Bangladesh. It is reflected in the election results.The emergency caretaker government wanted to finish the politics of Sheikh Hasina...

For shifting SSC, HSC exams

2009-04-23 00:00:00

The first public exam, the Secondary School Certificate (SSC), has an undeniable importance for students. So, they usually want to accomplish best as they can March and April, being hot and humid, are far from suitable for the SSC exams....

Why no stimulus for the RMG sector?

2009-04-23 00:00:00

LAST Sunday the government announced a stimulus package of Taka 34.24 billion (3,424 crore) to offset the possible impact of global economic recession. Out of this, the share of agriculture is 43 per cent, power, 18 per cent, agriculture loan...

Oil prices higher in Asian trade

2009-04-23 00:00:00

SINGAPORE, Apr 22 (AFP): Oil prices rose in Asian trade today, tracking gains on Wall Street ahead of the release of the latest report on US crude inventories, dealers said. New York's main futures contract, light sweet crude for delivery...

In Turkmenistan, big powers eye Central Asia energy options

2009-04-23 00:00:00

ALMATY, Apr 22 (AFP): Big powers are dispatching envoys to an energy conference in Ashgabat this week amid shifts in Central Asian oil and gas politics the West hopes could loosen Moscow's grip on the strategic region. An explosion earlier...

India ahead of US, China in energy efficiency

2009-04-23 00:00:00

NEW DELHI, Apr 22 (PTI): India has emerged as one of the most energy efficient country piping developed economies like the US and China. The Bureau of Energy Efficiency (BEE) Director General Ajay Mathur told PTI, "India stands parellel to...

IHM co attends WB-IMF spring meetings in USA

2009-04-23 00:00:00

FE Report Chief coordinator (CO) of Institute of Hazrat Mohammad (SAW) Habiba Tasneem Chowdhury left Dhaka Tuesday to attend the Civil Society Policy Dialogue of 2009 World Bank-IMF spring meetings in Washington DC, USA.Ms Chowdhury will represent the Institute at...

ICMAB for online submission of tax returns

2009-04-23 00:00:00

FE ReportThe Institute of Cost and Management Accountants of Bangladesh (ICMAB) organised a discussion on the forthcoming National Budget-2009-'10 at Ruhul Quddus Auditorium of ICMAB Bhaban in the city recently. Prime Minister's Adviser Alauddin Ahmed was the chief guest of...

Credit rating deal with two int'l cos by June

2009-04-23 00:00:00

Siddique Islam Bangladesh will sign an agreement with two international companies by the end of June next to obtain the country's first credit rating report, officials said. The central bank of Bangladesh expects that the country would receive the first...

Southeast Bank to float Tk 1.0b mutual fund

2009-04-23 00:00:00

FE ReportSoutheast Bank Ltd Wednesday joined the 'rally of disclosures' by the private commercial banks and financial institutions to float mutual funds, an instrument which are being considered risk-free investment tools in the stock trading.Southeast Bank on the day disclosed...

Rules on proper execution of projects under PPP soon

2009-04-23 00:00:00

FE ReportThe government will soon formulate guidelines for proper execution of projects under the Public-private Partnership (PPP) arrangement, Finance Minister AMA Muhith said Wednesday."We have to prepare necessary strategies and guidelines for the PPP initiative, which are absent now," the...

Kamrul Islam new ED, COO of SAPL

2009-04-23 00:00:00

FE Report Mr Kamrul Islam Mazumder has joined Summit Alliance Port Limited (SAPL), the leading container yard and off-dock in Bangladesh, as executive director (ED) and chief operating officer (COO), said a press release.Prior to joining the SAPL, his last...

Call rate steady, dollar posts gain

2009-04-23 00:00:00

FE Report The inter-bank call money rate maintained steady track Wednesday due to smooth flow of cash in the market. The US dollar, however, posted slight gain against Bangladesh taka (BDT) in the inter-bank foreign exchange market on demand pressure,...

UCB, Siemens sign corporate deal

2009-04-23 00:00:00

FE Report United Commercial Bank Limited (UCB) signed a corporate agreement with Siemens Bangladesh Limited in the city recently, said a press release. UCB Deputy Managing Director Shafiqul Alam and Siemens Bangladesh acting Chief Financial Officer (CFO) Henrik Doil signed...

Ahmadinejad criticises Israel again after UN walk-out

2009-04-23 00:00:00

TEHRAN, April 22 (Reuters): Iran's president accused Israel Wednesday of "brutal acts" and "ethnic cleansing" against the Palestinians, two days after his denunciation of the Jewish state as racist prompted a walk-out from a UN meeting on race.Mahmoud Ahmadinejad told...

Indian Maoists free seized train

2009-04-23 00:00:00

Maoist rebels who seized a train carrying several hundred passengers in eastern India have released them, reports Reuters.They held the passengers for a short time but then withdrew. A Maoist spokesman there was no plan to cause harm and it...

South Africans head for polls

2009-04-23 00:00:00

South Africans are voting in what is likely to be the most competitive general election since the end of apartheid in 1994, reports BBC.Many voters were wrapped in blankets, hats and scarves on a chilly day and turned out hours...

news digest

2009-04-23 00:00:00

Fears for civilians trapped in Sri Lanka conflict COLOMBO, April 22: US and Red Cross officials pleaded for the lives of tens of thousands of civilians trapped in Sri Lankan jungle Wednesday as government troops pressed a relentless offensive against...

BCB crack 316

2009-04-23 00:00:00

BCB Under-19 team scored 316 runs for all in 82.1 overs in their first innings against visiting Sri Lanka Under-19 team on the opening day of the first three-day match at the Narayanganj Osmani Stadium at Fatullah Wednesday, reports UNB....

Kalindi seal a superb win

2009-04-23 00:00:00

Riding on Arman's blistering ton, Kalindi KC notched a massive 142-run win over Young one's Club in a match of the Second Division Cricket League at the Dhaka University ground Wednesday, reports UNB.Batting first after winning the toss, Kalindi KC...

Logo of nat'l school soccer unveiled

2009-04-23 00:00:00

The logo of the Citycell National School Football Championship was unveiled at the Bangladesh Football Federation (BFF) conference room in the city Wednesday. BFF president Kazi Salahuddin and Citycell CEO Michael Seymour jointly unveiled the logo of the championship that...

Court rejects Ijaz's bail petition

2009-04-23 00:00:00

LAHORE, Apr 22 (AP): A Pakistani court Wednesday rejected a bail application by former Test cricketer Ijaz Ahmed."We have not received the detailed judgment, but yes our bail application was today rejected," Ahmed's lawyer, Kashif Javed, told The Associated Press.Ahmed...

Gilchrist, Rohit punish Bangalore

2009-04-23 00:00:00

Adam Gilchrist chose to bat first at Newlands, historically a safe venue when bowling under lights. His confident team, Deccan Chargers, went unchanged after a comprehensive win against Kolkata Knight Riders in their opening game. Deccan Chargers scored 184 for...

Abbas recalled for Asia Cup

2009-04-23 00:00:00

ISLAMABAD, Apr 22 (AP): Pakistan has recalled penalty corner specialist Sohail Abbas to its training camp for next month's Asia Cup field hockey tournament.

Pakistan lodges protest over World Cup shift

2009-04-23 00:00:00

DUBAI, Apr 22 (AFP): Pakistan has lodged a protest with cricket's governing body over the shifting of World Cup 2011 matches due to be staged in the country to other nations, an official said Wednesday.The International Cricket Council (ICC) last...

Representation of disabled people in union council bodies demanded

2009-04-23 00:00:00

FE ReportSpeakers at a roundtable Wednesday demanded inclusion of representatives of people with disabilities (PwDs) in the different standing committees of the union parishads so that the local governments could take initiatives more efficiently for the welfare of disabled people.They...

Grand success of a Bangladeshi expat

2009-04-23 00:00:00

A Bangladeshi researcher, Dr Sabir Mirza, has got 'The 2008 Outstanding Research Award in Pharmaceutical Technologies' from American Association of Pharmaceutical Scientist, the largest pharmaceutical association of the world, for his doctoral thesis. The award was handed over through a...

Australia to provide A$1.6m to WFP in response to food price inflation

2009-04-23 00:00:00

Australia will provide A$1.6 million to Bangladesh to support the on-going emergency operation of United Nations World Food Program (WFP) to address the impact of food prices on the country's poorest people, said a press release.Australian High Commi-ssioner in Bangladesh...

Khash land distributed among landless in Khulna

2009-04-23 00:00:00

Our CorrespondentKHULNA, Apr 22: After a long gap, the present government has decided again to distribute Khash land among the landless people and agricultural labourer who depend on agriculture on the basis of previous policy.Source said that khash land would...