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Debapriya presents his credentials to WTO DG

2007-11-15 00:00:00

Debapriya Bhattacharya, Permanent Representative of Bangladesh to the World Trade Organisation (WTO) and United Nations Offices in Geneva, presented his credentials to the WTO Director General Pascal Lamy at his office Tuesday, reports UNB.During the meeting, Debapriya apprised the WTO...

President, CA greet Brazilian president

2007-11-15 00:00:00

President Iajuddin Ahmed and Chief Adviser (CA) Fakhruddin Ahmed have felicitated Brazilian President Luiz Inacio Lula Da Silva on the occasion of his country's Republic Day to be observed today (Thursday), reports UNB.In a message to his Brazilian counterpart, the...

CID gets permission to quiz Hasina on August 21 attack

2007-11-15 00:00:00

The Criminal Investigation Department (CID) of Police has been permitted to speak to former prime minister (PM) Sheikh Hasina as part of a probe into the August 21, 2004 grenade attack, reports bdnews24.com. Metropolitan Magistrate AKM Enamul Haque gave the...

BNP leader Khoiyam sent to jail

2007-11-15 00:00:00

A Dhaka court Wednesday sent former Bangladesh Nationalist Party (BNP) lawmaker Ali Newaz Mahmud Khoiyam to jail, a day after he was arrested on charge of taking bribe, reports bdnews24.com. Magistrate Abdullah al-Mamun of the Chief Metropolitan Magistrate's (CMM) Court...

Ex lawmaker Monju of Kishoregonj sent to jail hajot

2007-11-15 00:00:00

KISHOREGONJ, Nov 14 (UNB): Former lawmaker Mujibur Rahman Monju was sent to jail hajot Wednesday when he surrendered to the court in connection with a murder case.Monju, who was elected from Bajitpur-Nikli constituency on BNP ticket, is the main accused...

Higher prices for gas from new fields likely

2007-11-15 00:00:00

M Azizur RahmanThe government is set to fix higher gas prices for the gas fields to be explored under the forthcoming offshore bidding round in the Bay of Bengal to entice a significant number of international oil and gas exploration...

WB requested to provide 'direct' finance to private sector

2007-11-15 00:00:00

FE Report As economists and chamber leaders chided Wednesday the World Bank for its lending programmes linked to policy prescriptions, a top economist of the bank maintained that the government should take its decisions considering the people's needs. Private sector...

Value of each NCB share fixed at Tk 100

2007-11-15 00:00:00

FE Report The value of each share of the three nationalised commercial banks (NCBs) namely Sonali, Janata and Agrani has been fixed at Tk 100 prior to the signing of vendor agreement today (Thursday).The state-owned banks will be transformed to...

Legal experts, welfare officers to support workers abroad

2007-11-15 00:00:00

FE ReportSpeakers at a workshop Wednesday underscored the need for providing adequate information on recruitment process for overseas jobs for Bangladeshis to check deception and exploitation by recruiters and foreign employers.They also urged the government to ensure better service at...

Drug Administration needs to undergo reforms

2007-11-15 00:00:00

Raihan M ChowdhuryBangladesh's pharmaceutical export could get a boost once Drug Administration, the government authority to control manufacture and marketing and ensure quality of drugs, is brought under reforms.The reforms will ensure capacity building and human resource development of the...

Iran gives India 4 months to join gas deal

2007-11-15 00:00:00

TEHRAN,Nov14(Agencies) : Iran Tuesday gave India a four-month deadline to formally agree its participation in a multi-billion dollar project to transport Iranian gas to India via Pakistan. The warning came after Iran and Pakistan Saturday finalised the content of the...

Opec rejects US call to increase production

2007-11-15 00:00:00

Javier Blas in Riyadh and Ed Crooks in Rome, FT Syndication ServiceOpec on Wednesday rejected calls from the US, its largest customer, to agree to increase production when it meets for its summit in Riyadh at the weekend.Abdulla El-Badri, Opec...

Musharraf expects to quit army this month, rule as a civilian

2007-11-15 00:00:00

Pakistani President General Pervez Musharraf Wednesday said, he expects to step down as the army chief by the end of November, and begin a new presidential term as a civilian, warning that the country risked chaos, if he gave into...

EC won't scrap invitation to Hafiz for talks

2007-11-15 00:00:00

The Election Commission (EC) Wednesday answered to Khaleda Zia's legal notice and said it would not go back on the invitation to acting BNP secretary general Hafizuddin Ahmed to join the reforms dialogue, reports bdnews24.com. Khaleda, the detained BNP chief,...

Dollar demand falls in forex market

2007-11-15 00:00:00

FE Report Demand for the US dollar has gradually declined in the inter-bank foreign exchange market following intervention by the central bank through sale of the greenback in the market.Besides, the higher inflow of inward remittances ahead of the Eid-ul-Azha...

Five chargesheeted in Jatrabari flyover scam case

2007-11-15 00:00:00

Charge sheet against five persons was submitted to the CMM court Wednesday in the Jatrabari flyover scam case. They include former prime minister's political secretary Haris Chowdhury, his brother-in-law Masum Ahmed, driver Abdus Salam, Orion Group chairman Obaidul Karim and...

Manpower export to Poland begins

2007-11-15 00:00:00

Foreign Adviser Iftekhar Chowdhury has said Wednesday a new beginning has been made in terms of manpower export to Poland as 204 skilled workers have already been selected for the purpose. — UNB

Hurricane 'SIDR' likely to hit today

2007-11-15 00:00:00

The Met Office Wednesday evening sounded great danger signal-10 for Mongla Port, and great danger signal-9 for Chittagong and Cox's Bazar, as the hurricane 'SIDR' in the Bay of Bengal was expected to make landfall Thursday, report bdnews24.com and UNB....

Global markets, domestic inflation

2007-11-15 00:00:00

Shahiduzzaman KhanAgainst the backdrop of spiralling prices of essential commodities, the government weighed various options to put a brake on it. The latest is the report of an inter-ministerial committee that recommended taking up legal actions against those involved in...

Reformists take control of BNP central office amid tight security

2007-11-15 00:00:00

The reformist BNP faction took control of the party headquarters as the office at Naya Paltan in the city reopened Wednesday after over a 10-month closure since the declaration of the state of emergency in the country on January 11,...

CA optimistic about improvement in economic situation

2007-11-15 00:00:00

FE ReportChief Adviser (CA) Fakhruddin Ahmed said Wednesday the country's current economic slowdown will be over as the interim government has already taken some measures, including formation of a private-public business forum, to address the situation. "The government's ongoing drive...

Deadline extension fails to woo too many taxpayers

2007-11-15 00:00:00

FE ReportThe National Board of Revenue (NBR) has not been receiving the expected level of response from the individual taxpayers even after extending the return submission deadline by one month.The board has received tax returns worth Tk 5.32 billion from...

Sovereign credit rating begins by May next

2007-11-15 00:00:00

FE Report The work on Bangladesh's first credit rating might start by May next, aiming at helping the country mobilise overseas funds and attract investment, Bangladesh Bank (BB) officials said Wednesday."We are hopeful about the start of work on preparation...

BATEXPO '07 starts today

2007-11-15 00:00:00

FE ReportThe 18th Bangladesh Apparel and Textile Exposition (BATEXPO)-2007, an annual event for exhibition of the country's readymade garments (RMG), kicks off in the city today (Thursday) to attract overseas buyers.President of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA)...

Stock prices on DSE mixed

2007-11-15 00:00:00

FE ReportStock prices on the Dhaka Stock Exchange (DSE) continued to remain mixed for the second consecutive day Wednesday on profit taking by the investors after four days of rally. On the day, in the loser dominating market, the prices...

Bangladesh joins Trans-Asian Railway network

2007-11-14 00:00:00

RAILWAY transport is a neglected sector in Bangladesh. Compared to other modes of transport, development in railway has hardly progressed in the long thirty-six years after the independence of the country. In sharp contrast to this, in other parts of...

The story of Maddhyapara hard rock project

2007-11-14 00:00:00

Enayet RasulThe development of Bangladesh has been hazarded for a long time from lack of construction materials. One of them is hard rock. The rocks have various uses. They are needed for breaking down into pebbles for use in road...

The trouble with converting food crops

2007-11-14 00:00:00

Dino Mahtani WHEN Luiz Indcio Lula da Silva, Brazil's president, swung through Africa on a week-long tour last month, he eagerly promoted the production of biofuels as an energy and development strategy.As the leader of a country emerging fast as...

Amending business laws

2007-11-14 00:00:00

M Azizur RahmanNOTHING could be more timely than the idea of a truth commission to save trade, industry and the economy from some of the unintended negative impacts of the ongoing anti-graft actions. Businessmen are losing interest in investment as...

Making claims under UNCLOS

2007-11-14 00:00:00

THE United Nations Convention on the Law of the Seas (UNCLOS), is the only hope for countries like Bangladesh for physical expansion and making claim to various sea resources to expect some balance between their population, living space and resource...