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Supportive government policies needed

2009-02-24 00:00:00

OUR private sector has many achievements. Governments in underdeveloped countries cannot do much because they have to struggle to meet the basic needs of the people. The government should, therefore, be more positive towards the private sector. The government should...

Bangladesh needs to diversify trade and investment

Salahuddin Ahmed | 2009-02-24 00:00:00

IN an increasingly interdependent world, trade and investment are crucial for every country. Like other countries, Bangladesh, too, in this contest, needs to diversify its trade and investment. Bangladesh's exports are limited to a few products or commodities, with fluctuating...

Info secy sent on forced retirement

2009-02-24 00:00:00

Information Secretary ATM Fazlul Karim was sent on retirement Monday, a day after he was sued for allegedly defaming the independence leader, Sheikh Mujibur Rahman, through his poetry, reports bdnews24.com.A government announcement said Monday afternoon Karim would go on retirement...

Junk stocks still glitter at DSE

FE Report | 2009-02-24 00:00:00

Dhaka stocks closed mixed Monday with the bottom-rated Z category shares continuing to dominate the trading.Trading at the Dhaka Stock Exchange (DSE) opened with a positive note. But it went into the negative territory on profit taking around mid-session, lasting...

Securing Bangladesh's water future

Engr. Khondkar Abdus Saleque | 2009-02-24 00:00:00

AIR and water are two very essential elements without which no living being can survive beyond a certain time. Nature has given us both and there are renewable sources which will probably never end. But we, human beings, through irrational...

Roy new MD of Elite Paint

2009-02-24 00:00:00

Mr BB Saha Roy has joined the Elite Paint Group of Companies as managing director and chief executive officer (CEO), said a press release.Before joining the Elite Group, Mr Roy was the general manager (supply chain) of Berger Paints Bangladesh....

'Slumdog' claims eight Oscars

2009-02-24 00:00:00

LOS ANGELES, Feb 23(Agencies):- Hollywood has met Bollywood at the Academy Awards, and the makers of Oscar champ "Slumdog Millionaire" hope it's a sign of future melding between the US dream factory with its counterparts in India and elsewhere in...

Global recession may cut manpower export to a half

2009-02-24 00:00:00

Bangladesh Association of International Recruiting Agency (BAIRA) feared Monday that the global financial crisis might take its toll on the country's manpower export bringing it down to less than a half to about four hundred thousand this year if the...

IT fair begins Feb 26

2009-02-24 00:00:00

The annual computer fair of Bangladesh Computer Samity (BCS) will begin at IDB Bhaban in the city from February 26 with an expectation to marketing accessories over Tk 1.0 billion (100 crore), reports BSS.A total of 156 permanent stalls along...

Wild speculation, dark rumours and afterwards

2009-02-24 00:00:00

The recent advertisement 'stunt' announcing that television star and model Joya Ahsan had disappeared and her phone was turned off was half-witted, insensitive, trite, and in extreme bad taste. What about thousands of people who had not understood that it...

Teenage vendor's body recovered

2009-02-24 00:00:00

SAVAR, Feb 23 (UNB): Police recovered the body of a teenage vendor from Tangabari of Ashulia union here Saturday four days after he went missing.Family sources said neighbour Enamul called Akther Hossain (16), son of Abdus Salam of Tangabari, out...

Govt to uplift infrastructure, ensure business-friendly atmosphere in Ctg

Our Correspondent | 2009-02-24 00:00:00

CHITTAGONG, Feb 23: The government will take decisions on all burning issues including development of infrastructure and ensuring a business friendly environment in the port city.Commerce Minister Muhammad Faruk Khan assured this as the chief guest at the inaugural ceremony...

Malaysia exports could fall in '09

2009-02-24 00:00:00

KUALA LUMPUR, Feb 23 (Reuters): Malaysia's exports could fall 3 to 4 per cent this year from 2008, a top minister said on Monday, as the global economic slowdown pushes down demand for the country's products."The best could be 0.5...

Is nationalisation of collapsing banks imminent?

2009-02-24 00:00:00

Fazle Rashid in New YorkTHE news of the imminent nationalisation of the collapsing US banks beginning with Citigroup and Bank of America sent stock prices tumbling across the globe last Friday.The government came in swiftly to assure the nervous investors...

BNP MPs demand trial of ex-president, CG chief, army chief

2009-02-24 00:00:00

Opposition BNP MPs have demanded trial of army chief Moeen U Ahmed, former president Iajuddin Ahmed and caretaker government chief Fakhruddin Ahmed for "torturing people" in the two years of emergency government, reports bdnews24.com.The demand was raised while speaking on...

Problems Grip RU Computer Centre

RU Correspondent | 2009-02-24 00:00:00

RAJSHAHI UNIVERSITY, Feb 23: Rajshahi University Computer Centre (RUCC) is beset with multifarious problems, including shortage of personal computers (PCs), inadequate funds, accommodation problem and shortage of staff.The RUCC was set up on the second floor of the first science...

Making pithas for a living

Md Mahbubur Rahman Bulbul | 2009-02-24 00:00:00

MANY women make traditional Bangladeshi pithas, a kind of indigenous cake, in the Dhaka city for a living. Women making pithas is a common sight in the city these days. Bhapa, chitai, pati shapta, etc. -- all tasty pithas --...

Global recession hits local jute spinners hard

S M Jahangir | 2009-02-24 00:00:00

The global financial crisis has already hit the local jute spinners hard as their exports recorded a 25 per cent fall following the recession, the industry said."Our volume of exports has already dropped by 30 per cent while the value...

BCL-Jubo League vie for DU dormitory construction work

DU Correspondent | 2009-02-24 00:00:00

Awami League (AL) associate organisations Bangladesh Chhatra League (BCL) and Jubo League locked into loggerheads over submitting tender for a construction work of Tk 240 million at Dhaka University (DU) Monday.The university authorities recently published a notice in several newspapers...

Ansar, N'ganj DSA reach semis from Group A

2009-02-24 00:00:00

Bangladesh Ansar smartly reached the semifinals of the CityCell National Women's Football Championship as Group A champions with all-win run beating Satkhira DSA by 5-0 goals at the Bangabandhu National Stadium in the city Monday, reports UNB.Suinu Pru Marma made...

Shahjalal Islami Bank opens ATM booth at Khulna

2009-02-24 00:00:00

Shahjalal Islami Bank Limited has opened a new ATM booth at Mailapota Mor in Khulna.Managing Director of the bank Muhammad Ali inaugurated the booth Sunday, said a press release.Among others, Head of HRD Mustaque Ahmed, Head of IT Md Ziaullah...

Eskaton outplay Badda Ekota Sangha

2009-02-24 00:00:00

Eskaton Sabuj Sangha earned 130 runs victory over Badda Ekota SKS in the Metropolis First Division Cricket League at the Dhaka University ground in the city Monday, reports UNB.Winning the toss, Eskaton SS batted first to score 264 for 9...

Sunnydale make good start

2009-02-24 00:00:00

Sunnydale School made a good start in the KFC Pizza Hut 5th Mini Girls' Handball Tournament outplaying SOS Shishu Palli by 8-0 goals after leading the first half 3-0 in the opening match at the Outer Stadium handball ground in...

Current account balance records surplus in Dec

Siddique Islam | 2009-02-24 00:00:00

The country's current account balance that maintained a negative trend in July-November period recorded a surplus in December due mainly to increased flow of remittances.Besides, the overall balance of payments also registered a surplus in the same period because of...

Sarwar new MD of Premier Bank

2009-02-24 00:00:00

M Shah Alam Sarwar has taken over as managing director of the Premier Bank Limited.Prior to his joining the Premier Bank, he held positions in United Commercial Bank (UCB) as additional managing director and acting managing director and in IPDC...

'CityIT 2009' fair begins Feb 26

FE Report | 2009-02-24 00:00:00

A nine-day computer fair begins February 26 at the BCS Computer City at IDB Bhaban in the city.Commerce Minister Faruk Khan will inaugurate the fair at 11:30 am on the day at the Computer City. State Minister for Information and...

Indo-Bangla jt river demarcation survey begins

2009-02-24 00:00:00

SATKHIRA, Feb 23 (BSS): A joint river demarcation survey along international water frontier began in Satkhira Sunday.A total of seven experts from Bangladesh and India are carrying out the survey.On the first day, the survey works have started from the...

Iraq aims to boost farming, industry, religious tourism

2009-02-24 00:00:00

BAGHDAD, Feb 23 (AFP): Iraq, which sits on the world's third largest known petroleum reserves, wants to diversify its revenues in the light of the tumbling price of crude oil, Planning Minister Ali Baban said yesterday."I think this decline may...

Half of UAE expats consider moving

2009-02-24 00:00:00

DUBAI, Feb 23 (AFP): Nearly half the expatriates in the United Arab Emirates are considering relocating as the global economic downturn hits the second-largest Arab economy, according to a survey published yesterday.The survey by YouGov, an Internet-based market research firm,...

Bangladesh hopes to get big chunk of shipbuilding reconstruction works

FE Report | 2009-02-24 00:00:00

Bangladesh has the opportunity to grab a huge shipbuilding reconstruction works worldwide as about 55 per cent ships with less than 500 TEU capacities (more than 20 years old) need to be replaced within the next two to five years."With...