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Production and import of essentials

2009-04-18 00:00:00

IT would appear from the reported allegations of the milk producers and collectors of Bangladesh's best- known dairy districts, Pabna and Sirajganj, that their big buyers have recently been throwing ethics to the wind with their sudden decision to go...

Regional water management

2009-04-18 00:00:00

Enayet Rasul BhuiyanThe suggestion for regional management of the water resources of the South Asian region for the collective good of its peoples and countries, have been there for a long time and begging for recognition and acceptance. One remembers...

Accentuated need for greater storage capacities

2009-04-18 00:00:00

Humayun KabirTHE realisation of the need for food security, specially, should be a sharp one for Bangladesh in the backdrop of its experiences in the recent past. Only one year and a half ago, the country was faced with a...

The neglected education sector

2009-04-18 00:00:00

SO many posts in the education administration have been lying vacant for long including all those of the Deputy Directors (DDs) in the zonal offices, most of District Education Officers and Assistant District Education Officers (ADEOs), almost all the Head...

Better management practices are needed

2009-04-18 00:00:00

BANGLADESH needs to be competitive in international trade. Besides, the local industries can no more afford to be careless about quality operational costs and management efficiency if they are to survive the competition from imported products in the domestic market....

Trained investment advisors should guide investors in stock market

2009-04-18 00:00:00

A. F. M. Mainul AhsanDEMONSTRATION at Dhaka Stock Exchange (DSE) is becoming an "every week phenomenon". Whenever there is a bearish trend in the market, investors initiate procession or chant slogan in front of the DSE. Our investors are not...

Population time-bomb ticks away inexorably

2009-04-18 00:00:00

Billy I AhmedALL measures to thwart the degradation and destruction of our ecosystem will be useless if we do not cut population growth.By 2050, if we continue to reproduce at the current rate, the planet will have between 8.0 billion...

The legendary Glamis Castle

2009-04-18 00:00:00

Mohammad Shahidul IslamGlamis Castle was the childhood home of Elizabeth Bowes-Lyon, best known as the Queen Mother. Her second daughter, Princess Margaret, was born there. Since 1987 an illustration of the castle has featured on the reverse side of ten...

Proposals galore on distribution line expansion despite power crisis

2009-04-18 00:00:00

FHM Humayan KabirThe government has taken a move to substantially increase power distribution lines in the rural areas, mostly in political consideration despite a severe power crisis in the country, officials said Friday.The Rural Electrification Board (REB) has taken up...

Cyclonic storm 'Bijli' strikes coastal areas

2009-04-18 00:00:00

COX'S BAZAR, Apr 17 (UNB): Cyclone 'Bijli' started pounding on offshore islands Friday night stretching from Sitakunda to St Martin with a wind speed of 100 kms per hour.St Martin Union Chairman Moulvi Firoz Khan told the news agency that...

Re-rolling mills owners divided over MS rod import

2009-04-18 00:00:00

Jasim Uddin Haroon Some of the country's re-rolling mill owners have started importing finished mild steel (MS) rods as the prices have drastically declined in the international market.Moreover, the abolition of 15 per cent VAT and reduction of import duty...

Ceramic leaders desperate to find new export markets

2009-04-18 00:00:00

Md. Fazlur RahmanThe country's two leading tableware manufacturers are trying to explore new sales destinations in the face of falling international orders and export growth triggered by the ongoing global financial crisis, officials said. Both Shinepukur Ceramics Ltd and Monno...

Strauss-Kahn backs dollar, says yuan 'undervalued'

2009-04-18 00:00:00

WASHINGTON, April 17 (AFP):- International Monetary Fund(IMF) chief Dominique Strauss-Kahn Thursday predicted the dollar would remain the world's reference currency, noting its resilience amid the global economic meltdown."I see no reason why the US dollar would not go on being...

Barisal Medical College closed sine die

2009-04-18 00:00:00

BARISAL, Apr 17 (UNB): Barisal Sher-e-Bangla Medical College (BSBMC) was closed today (Friday) for an indefinite period following clashes between rival factions of Bangladesh Chhatra League (BCL) on the campus.Meanwhile, students of all the five hostels - three of male...

MNCs rob country of substantial sum thru’ tax evasion, capital flight

2009-04-18 00:00:00

Sheikh Shahariar ZamanMultinational companies (MNCs) dodged paying taxes worth 186 million pound sterling and took away over 600 million pound sterling in capital illicitly from Bangladesh during 2005-07 period, according a study report prepared by an adviser to the US...

Security guard shot dead in city

2009-04-18 00:00:00

A security guard of a house was shot dead by assailants in the city's Kafrul area Friday morning. The victim was identified as Anwar Hossain (25), security guard of House No-497 at Purbo Senpara Parbata. Hospital sources said a gang...

3 killed, 35 hurt in Comilla road accident

2009-04-18 00:00:00

COMILLA, Apr 17: At least three people were killed and 35 others injured when a bridal party bus overturned at Syedpur in Chouddagram Upazila on the Dhaka-Chittagong Highway Friday morning. The police said the accident took place at about 10:30am...

Pakistan ditched as 2011 World Cup host

2009-04-18 00:00:00

DUBAI, April 17:Pakistan has been stripped of hosting rights for the 2011 World Cup because of the 'uncertain security situation' in the country, the International Cricket Council (ICC) said on Friday. "It is a regrettable decision (but) our number one...

Dhaka borrowed $615m from ADB in 2008

2009-04-18 00:00:00

FE Report The Asian Development Bank (ADB) approved $10.5 billion in loans, a 5.3 per cent increase over the previous year, according to ADB's 2008 Annual Report, released ahead of the 42nd Annual Meeting to be held 2-5 May in...

Tie-up with Thailand to boost local tourism

2009-04-18 00:00:00

A Z M AnasTravel operators have launched "strategic campaign" to promote Bangladesh's tourism by tying up with Thailand, which is a magnet for foreign tourists, industry leaders said Friday.The Association of Travel Agents of Bangladesh (ATAB), the trade group, is...

DSE bounces back

2009-04-18 00:00:00

FE ReportShare prices at the Dhaka Stock Exchange (DSE) rebounded riding on banking stocks in the week that ended Thursday, ending the fourth straight week of bear-run.The benchmark index DSE General Index (DGEN) gained 142.07 points to end at 2550.74....

Price of green mangoes high in city mkts despite good supply

2009-04-18 00:00:00

The price of green mangoes is still high in the city markets amid growing demands, although mango production is reported to be good across the country, reports UNB.The production of mangoes is higher this year than the previous years across...

Reforms must to reduce cost of business

2009-04-18 00:00:00

FE Report Reforms are needed for creating congenial business climate to ensure higher economic growth, create more employment opportunities and reduce poverty level, said speakers at a discussion meeting on public perception survey on Friday. Some areas are over regulated...

Oil prices stage slight rebound

2009-04-18 00:00:00

LONDON, April 17 (AFP): World oil prices rebounded Friday from earlier losses as sentiment was boosted by better-than-expected US company results and bargain-hunting ahead of the weekend. In late afternoon trade, London's Brent North Sea crude for June delivery regained...

Indian power cos face fresh trouble in Nepal

2009-04-18 00:00:00

KATHMANDU, Apr 17 (PTI):Two Indian power companies including GMR Group that won a bid to build two major hydro-power projects in power deficient Nepal are facing fresh trouble with local groups alleging neglect, even as the authorities say efforts are...

Donors pledge $5b in fresh aid for Pakistan

2009-04-18 00:00:00

TOKYO, April 17 (Reuters/AFP) : Donors pledged over $5 billion in new aid -- more than originally expected -- over the next two years to cash-strapped Pakistan on Friday after President Asif Ali Zardari promised to fight the militancy destabilising...

BNP to dissolve district committees next week

2009-04-18 00:00:00

Bangladesh Nationalist Party (BNP) will dissolve district units and replace them with convening committees by next week, a senior BNP leader said Friday, reports bdnews24.com. BNP's policymaking standing committee member Moudud Ahmed also revealed his party's plans to make rooms...

Nation observes Mujibnagar Day

2009-04-18 00:00:00

The nation observed Friday the 38th anniversary of historic Mujibnagar Day, the day independent Bangladesh' first interim government was formed, reports bdnews24.com. The government-in-exile, which was later known as Mujibnagar Government, took oath at a quiet mango grove of Baidyanathtola...

Trial of War Crimes may end by Dec

2009-04-18 00:00:00

The trial of crimes committed in the 1971 War of Independence from Pakistan starts Monday and may end by this Victory Day, the Law Minister said Friday, reports bdnews24.com. "We will appoint investigating agencies and prosecutors early next week or...

31 suspected militants held

2009-04-18 00:00:00

KUSHTIA, Apr 17 (UNB): Police, in a raid, detained 31 suspected members of banned Islamic outfit Hizb-ut-Towhid from Barabazar area of the district town Friday noon.Acting on a tip-off, a team of sadar thana police conducted the drive at 'Pather...